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3 Zacks Rank #1 TIAA Mutual Funds to Invest In

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Teachers Insurance and Annuity Association of America Fund (TIAA) had nearly $954 billion in assets under management as of Sep 30, 2016. TIAA Global Asset Management seeks to offer financial services pertaining to investment advice and portfolio management to more than five million customers and around 16,000 institutional investors.

TIAA was previously known as TIAA-CREF and founded by Andrew Carnegie in 1918. A major portion of its assets is allocated to stocks and fixed income securities. The company has investments in more than 50 nations with about 157 offices located globally.

Below we share with you three top-ranked TIAA Mutual Funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of TIAA Mutual Funds.

TIAA-CREF Real Estate Securities Fund Retail Class (TCREX - Free Report) seeks returns for the long run through growth of capital and income. TCREX invests heavily in securities of companies that are involved in the real estate industry. The fund may also invest in real estate securities issued by non-U.S. companies and up to one-fifth of its assets in equity and debt securities of companies that are not involved in the real estate industry. TIAA-CREF Real Estate Securities Fund Retail Class has three-year annualized returns of 7.1%.

David Copp has been one of the fund managers of TCREX since 2005.

TIAA-CREF Bond Plus Fund Retirement Class (TCBRX - Free Report) invests a large portion of its assets in bonds, including fixed-income securities. TCBRX seeks growth of income for the long run. The fund invests not only in fixed-income securities but also in investment-grade bonds. TIAA-CREF Bond Plus Fund Retirement Class has three-year annualized returns of 3.2%.

TCBRX has an expense ratio of 0.56% compared with the category average of 0.75%.

TIAA-CREF Managed Allocation Fund Retail (TIMRX - Free Report) seeks a high level of returns. TIMRX, also known as a fund of funds invests about 60% of its assets in equity underlying funds, which include almost 5% of its assets in real estate underlying funds and about 40% of its assets in fixed-income underlying funds. TIAA-CREF Managed Allocation Fund Retail has returned 7.3% in the last three years.

As of September 2017, TIMRX held 14 issues, with 38.78% of its assets invested in TIAA-CREF Bond Plus Inst.

To view the Zacks Rank and past performance of all TIAA Mutual Funds, investors can click here to see the complete list of TIAA Mutual Funds.

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