Flex Investment Performance

Average returns as of

TIAA-CREF Money Market

This table displays Money Market fund performance.
Average returns as of 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since
Inception
Inception
Date1
Gross
Expense Ratio
Net
Expense Ratio

TIAA-CREF Short-Term Bond

This table displays Short-Term Bond fund performance.
Average returns as of 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since
Inception
Inception
Date1
Gross
Expense Ratio
Net
Expense Ratio

TIAA-CREF Core Bond

This table displays Core Bond fund performance.
Average returns as of 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since
Inception
Inception
Date1
Gross
Expense Ratio
Net
Expense Ratio

TIAA-CREF Bond Index

This table displays Bond Index fund performance.
Average returns as of 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since
Inception
Inception
Date1
Gross
Expense Ratio
Net
Expense Ratio

TIAA-CREF International Equity Index

This table displays International Equity Index fund performance.
Average returns as of 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since
Inception
Inception
Date1
Gross
Expense Ratio
Net
Expense Ratio

TIAA-CREF Social Choice Low Carbon Equity

This table displays Social Choice Low Carbon Equity fund performance.
Average returns as of 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since
Inception
Inception
Date1
Gross
Expense Ratio
Net
Expense Ratio

TIAA-CREF Equity Index

This table displays Equity Index fund performance.
Average returns as of 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since
Inception
Inception
Date1
Gross
Expense Ratio
Net
Expense Ratio

TIAA-CREF Growth and Income

This table displays Growth and Income fund performance.
Average returns as of 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since
Inception
Inception
Date1
Gross
Expense Ratio
Net
Expense Ratio

TIAA-CREF International Equity

This table displays International Equity fund performance.
Average returns as of 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since
Inception
Inception
Date1
Gross
Expense Ratio
Net
Expense Ratio

The performance data quoted represents past performance and is no guarantee of future results. Returns and the principal value of your contributions will fluctuate so that when sold may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above. Performance may reflect waivers or reimbursements of certain expenses. Absent these waivers or reimbursement arrangements, performance results would have been lower. Since Inception performance shown is cumulative for funds that have less than one year of performance history. For performance data current to the most recent month-end, please visit the performance section of tiaa.org and search for the respective fund. 

Consider the investment objectives, risks, charges and expenses carefully. Go to tiaa.org for fund prospectuses that contain this and other information. Read carefully. Please note that investing involves market risk. Investments in fixed income securities are not guaranteed and are subject to interest rate, inflation, and credit risks. Investments in foreign securities are subject to special risks, including currency fluctuation and political and economic instability. Investments in socially responsible funds are subject to social criteria risk, namely the risk that because social criteria exclude securities of certain issuers for non-financial reasons, investors may forgo some market opportunities available to those that don’t use these criteria.

The risks that the fund is subject to include asset allocation risks, active management and social criteria risks. This may include equity investment risks, fixed income investment risks, market risks, company risks, foreign investment risks and small-cap risks. Additional risks include interest rate, prepayment, extension, issuer, income volatility, credit, call, fixed-income, foreign investment, market volatility, liquidity, valuation, mortgage roll, downgrade, non-investment-grade securities and derivatives risk.

Allocations to each fund are subject to fund operating expenses. Please refer to current prospectuses for a detailed description of all fees and expenses. 

1Inception date is the date the investment initially launched.

2Your Giving Fund could lose money by investing in the TIAA-CREF Money Market Fund. Although the Fund seeks to preserve the value of your Giving Fund’s investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

3The net expense ratio reflects a voluntary contractual arrangement that has the effect of reducing or limiting the expenses associated with the fund's operations. Without such an arrangement, currently or in the past, returns would have been lower. This arrangement is scheduled to expire on 7/31/2020. Please see the prospectus for details.

4Data provided by Morningstar, Inc. ©2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Neither TIAA nor its affiliates has independently verified the accuracy or completeness of this information.

5The iMoneyNet Money Fund Averages — All Government is a simple average of over 500 money market funds that invest in U.S. Treasuries, U.S. Agencies, repurchase agreements and government-backed floating rate notes and you cannot invest directly in it.

6Bloomberg Barclays US Government/Credit 1-3 Yr TR USD: The index measures the performance of non-securitized component of the U.S. Aggregate Index with maturities of 1-3 years, including Treasuries, government-related issues and corporates. It is a subset of the U.S. Aggregate Index. Index returns do not reflect a deduction for fees or expenses. You cannot invest directly in any index. 

7Bloomberg Barclays US Aggregate Bond TR USD: The index measures the performance of investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM passthroughs), ABS, and CMBS. It rolls up into other Barclays flagship indices, such as the multi-currency Global Aggregate Index and the U.S. Universal Index, which includes high yield and emerging markets debt. Index returns do not reflect a deduction for fees or expenses. You cannot invest directly in any index.

8The net expense ratio reflects a voluntary contractual arrangement that has the effect of reducing or limiting the expenses associated with the fund's operations. Without such an arrangement, currently or in the past, returns would have been lower. This arrangement is scheduled to expire on 2/28/2021. Please see the prospectus for details.

9Russell 3000 TR USD: The index measures the performance of the largest 3000 US companies representing approximately 98% of the investable US equity market. It is market-capitalization weighted. Index returns do not reflect a deduction for fees or expenses. You cannot invest directly in any index.

10S&P 500 TR USD: The index measures the performance of 500 widely held stocks in US equity market. Standard and Poor's chooses member companies for the index based on market size, liquidity and industry group representation. Included are the stocks of industrial, financial, utility, and transportation companies. Since mid 1989, this composition has been more flexible and the number of issues in each sector has varied. It is market capitalization-weighted. Index returns do not reflect a deduction for fees or expenses. You cannot invest directly in any index.

11MSCI EAFE NR USD: The index measures the performance of the large and mid cap segments of developed markets, excluding the US & Canada equity securities. It is free float-adjusted market-capitalization weighted. Index returns do not reflect a deduction for fees or expenses. You cannot invest directly in any index.

Donors cannot recommend investments directly in any index. Index returns do not include a deduction for fees or expenses.

TIAA·CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., Evertrade Direct Brokerage, Inc. and Nuveen Securities, LLC. Members FINRA and SIPC distribute securities products. Investment products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity and may lose value.


Contributions to the Giving Fund are irrevocable. All recommendations from donors are subject to review and approval by TIAA Charitable.

TIAA Charitable does not provide tax advice. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.

TIAA Charitable is the brand name for an independent public charity that maintains a donor-advised fund program. The TIAA name is a registered mark of Teachers Insurance and Annuity Association of America and is used by TIAA Charitable pursuant to a license.

TIAA Charitable, Inc. has been recognized by the Internal Revenue Service as a tax-exempt public charity under Sections 501(c)(3) and 170(b)(1)(A)(vi) of the Internal Revenue Code of 1986, as amended (the “Code”).