TIAA-CREF Mid-Cap Growth Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.9%
1 yr return
15.4%
3 Yr Avg Return
-7.8%
5 Yr Avg Return
5.1%
Net Assets
$1.08 B
Holdings in Top 10
26.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.64%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 76.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TRGPX - Profile
Distributions
- YTD Total Return 1.9%
- 3 Yr Annualized Total Return -7.8%
- 5 Yr Annualized Total Return 5.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.35%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameTIAA-CREF Mid-Cap Growth Fund
-
Fund Family NameTIAA-CREF FUNDS COMPLEX
-
Inception DateSep 30, 2009
-
Shares OutstandingN/A
-
Share ClassPremier
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTerrence Kontos
Fund Description
Under normal circumstances, the Fund invests at least 80% of its assets in mid-cap equity securities. The Fund invests primarily in equity securities of medium-sized domestic companies, as defined by the Fund’s benchmark index, the Russell Midcap®Growth Index, that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes present the opportunity for growth. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes. Advisors considers medium-sized companies to be those companies whose market capitalizations
fall within the range represented by the Russell Midcap Growth Index at the time of the Fund’s investment.
Advisors looks for equity securities of companies that it believes have prospects for strong earnings or sales growth. The Fund invests in equity securities of companies that Advisors believes may represent high growth industries or rapidly evolving areas of the economy, that have distinctive products or services and that are growing faster than the overall equity market. The Fund may also invest in companies that Advisors believes to be undervalued based on current earnings, assets or growth prospects. These investments could include companies likely to benefit from prospective acquisitions, reorganizations, corporate restructurings or other special situations.
The Fund also uses proprietary quantitative models to screen and identify potential portfolio companies. Often, these companies represent modest deviations from the benchmark index based on relative value, price or potential earnings growth. The Fund may invest up to 20% of its assets in foreign investments. The Fund may also purchase and sell futures, options, swaps and other equity derivatives to carry out the Fund’s investment strategies.
TRGPX - Performance
Return Ranking - Trailing
Period | TRGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -16.2% | 22.5% | 65.37% |
1 Yr | 15.4% | -5.1% | 54.7% | 78.44% |
3 Yr | -7.8%* | -29.5% | 78.7% | 88.93% |
5 Yr | 5.1%* | -4.6% | 97.4% | 88.57% |
10 Yr | 7.7%* | -0.1% | 37.0% | 91.78% |
* Annualized
Return Ranking - Calendar
Period | TRGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.3% | -27.7% | 68.0% | 38.10% |
2022 | -33.4% | -85.6% | 350.1% | 65.79% |
2021 | -11.0% | -77.0% | 238.3% | 77.88% |
2020 | 29.4% | -44.1% | 2474.5% | 44.93% |
2019 | 19.6% | -50.2% | 44.0% | 78.69% |
Total Return Ranking - Trailing
Period | TRGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -16.2% | 22.5% | 65.37% |
1 Yr | 15.4% | -5.1% | 54.7% | 78.44% |
3 Yr | -7.8%* | -29.5% | 78.7% | 88.93% |
5 Yr | 5.1%* | -4.6% | 97.4% | 88.57% |
10 Yr | 7.7%* | -0.1% | 37.0% | 91.78% |
* Annualized
Total Return Ranking - Calendar
Period | TRGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.3% | -26.1% | 68.0% | 43.68% |
2022 | -33.2% | -67.0% | 440.7% | 74.58% |
2021 | 2.8% | -23.5% | 342.2% | 89.23% |
2020 | 45.1% | 2.6% | 2549.1% | 30.62% |
2019 | 31.8% | 14.6% | 44.8% | 63.73% |
NAV & Total Return History
TRGPX - Holdings
Concentration Analysis
TRGPX | Category Low | Category High | TRGPX % Rank | |
---|---|---|---|---|
Net Assets | 1.08 B | 2.73 M | 100 B | 52.41% |
Number of Holdings | 93 | 25 | 3644 | 29.44% |
Net Assets in Top 10 | 269 M | 449 K | 9.69 B | 51.30% |
Weighting of Top 10 | 26.25% | 0.4% | 99.9% | 53.89% |
Top 10 Holdings
- Cimpress plc 4.50%
- DexCom, Inc 3.14%
- Verisk Analytics, Inc 3.01%
- TransDigm Group, Inc 2.50%
- Veeva Systems, Inc 2.48%
- HubSpot, Inc 2.29%
- W.W. Grainger, Inc 2.26%
- Ameriprise Financial, Inc 2.21%
- Ross Stores, Inc 1.96%
- West Pharmaceutical Services, Inc 1.92%
Asset Allocation
Weighting | Return Low | Return High | TRGPX % Rank | |
---|---|---|---|---|
Stocks | 99.36% | 0.92% | 101.30% | 30.19% |
Cash | 1.81% | 0.00% | 99.08% | 43.70% |
Other | 0.90% | -0.18% | 16.96% | 13.70% |
Preferred Stocks | 0.00% | 0.00% | 5.46% | 45.56% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 37.59% |
Bonds | 0.00% | -3.27% | 1.87% | 40.56% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TRGPX % Rank | |
---|---|---|---|---|
Technology | 31.58% | 0.04% | 62.17% | 54.63% |
Consumer Cyclical | 17.85% | 0.00% | 57.41% | 15.19% |
Industrials | 15.51% | 0.00% | 38.23% | 42.22% |
Healthcare | 14.31% | 0.00% | 37.06% | 78.89% |
Consumer Defense | 5.16% | 0.00% | 16.40% | 9.44% |
Energy | 4.13% | 0.00% | 62.10% | 19.26% |
Communication Services | 4.08% | 0.00% | 18.33% | 27.96% |
Financial Services | 3.35% | 0.00% | 43.01% | 87.22% |
Basic Materials | 2.55% | 0.00% | 17.25% | 40.56% |
Real Estate | 1.48% | 0.00% | 19.28% | 65.56% |
Utilities | 0.00% | 0.00% | 12.94% | 53.33% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TRGPX % Rank | |
---|---|---|---|---|
US | 93.40% | 0.64% | 101.30% | 86.85% |
Non US | 5.96% | 0.00% | 34.57% | 9.63% |
TRGPX - Expenses
Operational Fees
TRGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.64% | 0.02% | 17.54% | 90.13% |
Management Fee | 0.46% | 0.00% | 1.50% | 7.79% |
12b-1 Fee | 0.15% | 0.00% | 1.00% | 27.00% |
Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
TRGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TRGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TRGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 76.00% | 0.00% | 250.31% | 81.28% |
TRGPX - Distributions
Dividend Yield Analysis
TRGPX | Category Low | Category High | TRGPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.34% | 0.00% | 33.70% | 50.74% |
Dividend Distribution Analysis
TRGPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
TRGPX | Category Low | Category High | TRGPX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.35% | -2.24% | 2.75% | 27.63% |
Capital Gain Distribution Analysis
TRGPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 09, 2022 | $0.068 | OrdinaryDividend |
Dec 07, 2018 | $0.045 | OrdinaryDividend |
Dec 08, 2017 | $0.086 | OrdinaryDividend |
Dec 09, 2016 | $0.069 | OrdinaryDividend |
Dec 11, 2015 | $0.012 | OrdinaryDividend |
Dec 12, 2014 | $0.071 | OrdinaryDividend |
Dec 13, 2013 | $0.025 | OrdinaryDividend |
Dec 07, 2012 | $0.124 | OrdinaryDividend |
Dec 11, 2009 | $0.026 | OrdinaryDividend |
TRGPX - Fund Manager Analysis
Managers
Terrence Kontos
Start Date
Tenure
Tenure Rank
Jan 17, 2020
2.37
2.4%
Terrence Kontos, CFA, is Managing Director at Teachers Advisors, LLC. Terrence worked at TCIM and other advisory affiliates of TIAA from 2012 to Present (research of growth portfolios).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 36.3 | 9.35 | 11.76 |