Large-Cap Value Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.9%
1 yr return
19.9%
3 Yr Avg Return
7.4%
5 Yr Avg Return
10.7%
Net Assets
$80.5 M
Holdings in Top 10
22.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.60%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 27.00%
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
TLLVX - Profile
Distributions
- YTD Total Return 6.9%
- 3 Yr Annualized Total Return 7.4%
- 5 Yr Annualized Total Return 10.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.19%
- Dividend Yield 1.5%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameLarge-Cap Value Fund
-
Fund Family NameTIAA-CREF FUNDS COMPLEX
-
Inception DateOct 28, 2002
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCharles Carr
Fund Description
Under normal circumstances, the Fund invests at least 80% of its assets in large-cap equity securities. The Fund invests primarily in equity securities of large domestic companies, as defined by the Fund’s benchmark index, the Russell 1000®Value Index, that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes appear undervalued by the market based on an evaluation of their potential worth. For purposes of the Fund’s 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000®Index at the time of purchase. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.
Advisors uses a variety of comparative valuation criteria to determine whether shares of a particular company might be undervalued, including analyses of historical valuations of the same security; valuations of comparable securities in the same sector or the overall market; various financial ratios such as stock price-to-book value, stock price-to-earnings, and dividend yield; and free cash flow generated by the company. Advisors generally focuses on companies with normalized earnings and high operating leverage, which may cause the Fund to
be more volatile in down markets than other large-cap value funds that have more defensive investment strategies.
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.
TLLVX - Performance
Return Ranking - Trailing
Period | TLLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.9% | -1.7% | 13.4% | 26.76% |
1 Yr | 19.9% | -7.3% | 39.6% | 27.82% |
3 Yr | 7.4%* | -4.6% | 30.4% | 32.09% |
5 Yr | 10.7%* | -1.6% | 43.3% | 25.36% |
10 Yr | N/A* | 1.2% | 24.6% | 68.76% |
* Annualized
Return Ranking - Calendar
Period | TLLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.7% | -24.9% | 46.1% | 23.96% |
2022 | -12.7% | -64.7% | 4.6% | 56.21% |
2021 | 25.1% | -44.2% | 57.5% | 10.66% |
2020 | 1.9% | -23.2% | 285.0% | 27.56% |
2019 | 20.3% | -21.4% | 48.5% | 40.41% |
Total Return Ranking - Trailing
Period | TLLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.9% | -1.7% | 13.4% | 26.76% |
1 Yr | 19.9% | -7.3% | 39.6% | 27.82% |
3 Yr | 7.4%* | -4.6% | 30.4% | 32.09% |
5 Yr | 10.7%* | -1.6% | 43.3% | 25.36% |
10 Yr | N/A* | 1.2% | 24.6% | 65.51% |
* Annualized
Total Return Ranking - Calendar
Period | TLLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.3% | -15.9% | 46.7% | 25.20% |
2022 | -7.1% | -42.0% | 8.5% | 64.08% |
2021 | 26.9% | 3.6% | 129.7% | 40.44% |
2020 | 4.0% | -22.6% | 304.8% | 39.60% |
2019 | 28.7% | -12.7% | 52.1% | 18.12% |
NAV & Total Return History
TLLVX - Holdings
Concentration Analysis
TLLVX | Category Low | Category High | TLLVX % Rank | |
---|---|---|---|---|
Net Assets | 80.5 M | 1.09 M | 163 B | 86.89% |
Number of Holdings | 84 | 2 | 1683 | 45.52% |
Net Assets in Top 10 | 18.2 M | 420 K | 33.9 B | 88.51% |
Weighting of Top 10 | 22.60% | 4.8% | 99.9% | 76.46% |
Top 10 Holdings
- JPMorgan Chase Co 3.81%
- Johnson Johnson 2.58%
- Exxon Mobil Corp 2.43%
- Berkshire Hathaway, Inc 2.33%
- Wells Fargo Co 2.31%
- Bank of America Corp 2.08%
- ConocoPhillips 1.84%
- Linde plc 1.83%
- Chubb Ltd 1.73%
- Honeywell International, Inc 1.66%
Asset Allocation
Weighting | Return Low | Return High | TLLVX % Rank | |
---|---|---|---|---|
Stocks | 99.98% | 1.86% | 108.42% | 2.70% |
Cash | 0.02% | -0.79% | 38.18% | 96.26% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 91.21% |
Other | 0.00% | -3.53% | 39.72% | 89.47% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 91.27% |
Bonds | 0.00% | -0.71% | 73.23% | 91.21% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TLLVX % Rank | |
---|---|---|---|---|
Financial Services | 21.75% | 0.00% | 58.05% | 24.72% |
Healthcare | 19.31% | 0.00% | 30.08% | 26.03% |
Industrials | 14.26% | 0.00% | 42.76% | 18.05% |
Technology | 11.76% | 0.00% | 54.02% | 38.74% |
Energy | 8.02% | 0.00% | 54.00% | 45.40% |
Consumer Cyclical | 7.03% | 0.00% | 22.74% | 34.97% |
Communication Services | 6.90% | 0.00% | 26.58% | 31.20% |
Consumer Defense | 3.72% | 0.00% | 34.10% | 90.36% |
Utilities | 3.31% | 0.00% | 27.04% | 66.26% |
Basic Materials | 2.89% | 0.00% | 21.69% | 62.49% |
Real Estate | 1.05% | 0.00% | 90.54% | 74.23% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TLLVX % Rank | |
---|---|---|---|---|
US | 99.98% | 1.86% | 108.42% | 2.18% |
Non US | 0.00% | 0.00% | 27.89% | 92.78% |
TLLVX - Expenses
Operational Fees
TLLVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.60% | 0.03% | 14.82% | 82.36% |
Management Fee | 0.45% | 0.00% | 1.50% | 25.85% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
TLLVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
TLLVX 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.
TLLVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 27.00% | 0.00% | 488.00% | 38.24% |
TLLVX - Distributions
Dividend Yield Analysis
TLLVX | Category Low | Category High | TLLVX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.48% | 0.00% | 36.73% | 99.22% |
Dividend Distribution Analysis
TLLVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
TLLVX | Category Low | Category High | TLLVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.19% | -1.51% | 4.28% | 58.53% |
Capital Gain Distribution Analysis
TLLVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 23, 2022 | $0.230 | OrdinaryDividend |
Sep 17, 2021 | $0.244 | OrdinaryDividend |
Sep 18, 2020 | $0.273 | OrdinaryDividend |
Sep 20, 2019 | $0.956 | OrdinaryDividend |
TLLVX - Fund Manager Analysis
Managers
Charles Carr
Start Date
Tenure
Tenure Rank
Nov 15, 2018
3.54
3.5%
Charles Carr is a managing director and active equity portfolio manager for the TIAA organization. Mr. Carr manages a domestic large-cap value equity portfolio against the Russell 1000 Value Index. He joined the TIAA organization in 2014. Mr. Carr has 23 years of equity investment experience. Prior to joining TIAA, he spent 11 years at value-oriented hedge funds (Elm Ridge Capital, Fine Capital Partners, Alson Capital, and Estekene Capital) and another 9 years as an equity analyst on the buy-side at Bernstein Investment Research and Management. Mr. Carr earned a B.B.A. in Finance from The College of William and Mary and holds the Chartered Financial Analyst (CFA) designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.07 | 16.42 |