TRILX: TIAA-CREF Lifecycle Index Ret Inc Instl

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TRILX TIAA-CREF Lifecycle Index Ret Inc Instl


Profile

TRILX - Profile

Vitals

  • YTD Return 2.3%
  • 3 Yr Annualized Return 4.8%
  • 5 Yr Annualized Return 3.2%
  • Net Assets $476 M
  • Holdings in Top 10 99.6%

52 WEEK LOW AND HIGH

$15.53
$14.10
$15.53

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.24%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $10,000,000
  • IRA $10,000,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 2.3%
  • 3 Yr Annualized Total Return 4.8%
  • 5 Yr Annualized Total Return 3.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.39%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    TIAA-CREF Lifecycle Index Retirement Income Fund
  • Fund Family Name
    TIAA Investments
  • Inception Date
    Sep 30, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Hans Erickson

Fund Description

The fund is a "fund of funds" that invests in Class W shares of other funds of the Trust and potentially in other investment pools or investment products. It has a policy of investing at least 80% of its assets in underlying funds that are managed to seek investment returns that track particular market indices. Advisors currently expects to allocate approximately 40% of the fund's assets to equity underlying funds and 60% of its assets to fixed-income underlying funds.


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Categories

Performance

TRILX - Performance

Return Ranking - Trailing

Period TRILX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% -0.3% 3.5% 42.25%
1 Yr 9.9% -9.6% 15.2% 34.08%
3 Yr 4.8%* -4.5% 9.1% 31.80%
5 Yr 3.2%* -3.0% 6.2% 24.53%
10 Yr 4.4%* -5.8% 8.0% 29.07%

* Annualized

Return Ranking - Calendar

Period TRILX Return Category Return Low Category Return High Rank in Category (%)
2019 12.6% -11.2% 22.9% 50.06%
2018 -5.4% -19.1% 0.0% 3.06%
2017 8.1% -12.3% 20.9% 56.96%
2016 3.3% -4.2% 7.5% 65.34%
2015 -2.1% -13.0% 0.0% 4.48%

Total Return Ranking - Trailing

Period TRILX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% -0.3% 3.5% 42.25%
1 Yr 9.9% -9.6% 15.2% 34.08%
3 Yr 4.8%* -4.2% 11.1% 50.32%
5 Yr 3.2%* -3.0% 8.7% 59.75%
10 Yr 4.4%* -4.0% 10.4% 66.44%

* Annualized

Total Return Ranking - Calendar

Period TRILX Return Category Return Low Category Return High Rank in Category (%)
2019 12.6% -11.2% 22.9% 50.06%
2018 -5.4% -19.1% 0.0% 28.33%
2017 8.1% -12.3% 24.1% 76.05%
2016 3.3% 0.0% 9.8% 84.25%
2015 -2.1% -9.4% 0.7% 46.86%

NAV & Total Return History


Holdings

TRILX - Holdings

Concentration Analysis

TRILX Category Low Category High TRILX % Rank
Net Assets 476 M 42 K 46.9 B 42.91%
Number of Holdings 7 1 588 90.50%
Net Assets in Top 10 465 M 0 46.7 B 41.62%
Weighting of Top 10 99.62% 0.0% 113.8% 17.35%

Top 10 Holdings

  1. TIAA-CREF Bond Index W 39.53%
  2. TIAA-CREF Equity Index W 28.12%
  3. TIAA-CREF Inflation Link Bd W 9.92%
  4. TIAA-CREF Short-Term Bond Index W 9.90%
  5. TIAA-CREF International Eq Idx W 8.56%
  6. TIAA-CREF Emerging Markets Eq Idx W 3.59%

Asset Allocation

Weighting Return Low Return High TRILX % Rank
Bonds
58.43% -40.53% 79.46% 20.16%
Stocks
39.96% 0.00% 94.10% 59.91%
Cash
1.47% -35.61% 112.41% 85.35%
Convertible Bonds
0.39% 0.00% 1.36% 25.21%
Preferred Stocks
0.01% 0.00% 7.46% 67.53%
Other
-0.27% -0.27% 100.06% 99.65%

Stock Sector Breakdown

Weighting Return Low Return High TRILX % Rank
Financial Services
17.21% 3.32% 23.02% 33.92%
Technology
16.45% 2.95% 20.65% 29.20%
Healthcare
12.87% 1.62% 18.93% 49.17%
Industrials
10.92% 1.62% 16.11% 58.98%
Consumer Cyclical
10.21% 1.88% 12.42% 50.59%
Communication Services
9.04% 0.21% 12.50% 14.07%
Consumer Defense
7.75% 1.02% 14.47% 48.23%
Energy
4.46% 0.59% 15.76% 59.81%
Real Estate
4.07% 0.43% 46.10% 48.46%
Basic Materials
3.83% 0.76% 7.66% 67.61%
Utilities
3.20% 0.00% 13.14% 54.02%

Stock Geographic Breakdown

Weighting Return Low Return High TRILX % Rank
US
27.99% 0.00% 63.41% 56.15%
Non US
11.97% 0.00% 39.24% 71.40%

Bond Sector Breakdown

Weighting Return Low Return High TRILX % Rank
Government
57.50% 0.00% 99.40% 3.90%
Corporate
20.31% 0.00% 51.51% 50.65%
Securitized
19.30% 0.00% 45.77% 43.09%
Cash & Equivalents
2.45% 0.60% 112.41% 98.58%
Municipal
0.44% 0.00% 27.51% 26.56%
Derivative
0.00% -82.56% 29.38% 72.61%

Bond Geographic Breakdown

Weighting Return Low Return High TRILX % Rank
US
54.33% -52.61% 74.67% 14.89%
Non US
4.10% -4.04% 24.72% 49.12%

Expenses

TRILX - Expenses

Operational Fees

TRILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.24% 0.00% 5.27% 73.32%
Management Fee 0.19% 0.00% 0.77% 72.01%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

TRILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

TRILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

TRILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 0.00% 207.00% 59.46%

Distributions

TRILX - Distributions

Dividend Yield Analysis

TRILX Category Low Category High TRILX % Rank
Dividend Yield 0.29% 0.00% 2.61% 14.89%

Dividend Distribution Analysis

TRILX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

TRILX Category Low Category High TRILX % Rank
Net Income Ratio 2.39% -0.45% 4.93% 26.53%

Capital Gain Distribution Analysis

TRILX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

TRILX - Fund Manager Analysis

Managers

Hans Erickson


Start Date

Tenure

Tenure Rank

Sep 30, 2009

10.34

10.3%

Erickson has been serving for Teachers Advisors Inc. as a managing director since 1996. Prior to that, Erickson joined Templeton Quantitative Advisers in 1990. Erickson was employed by Anderson Consulting from May 1989 through February 1990 and Morgan Stanley from June 1988 through May 1989.

John Cunniff


Start Date

Tenure

Tenure Rank

Sep 30, 2009

10.34

10.3%

John Cunniff is a managing director and Lifecycle portfolio manager for the TIAA organization. Mr. Cunniff currently manages investment strategies for TIAA’s Lifecycle and Managed Allocation portfolios. He joined the TIAA organization in 2006. Mr. Cunniff has 25 years of industry experience. Previously, he served as director of U.S. research at Morgan Stanley Investment Management and as a portfolio manager for both Van Kampen Investments and Franklin Templeton Investments. Mr. Cunniff earned a B.S. from Johns Hopkins University, an M.S.E. from Princeton University, and an M.B.A. from Columbia University. He is a member of the New York Society of Securities Analysts

Steve Sedmak


Start Date

Tenure

Tenure Rank

Oct 01, 2018

1.33

1.3%

Steve Sedmak is a Senior Director on the Multi-Asset Investment Team at TIAA Investments, focusing on Lifecycle and other multi-asset strategies. Steve joined TIAA in 2016 and has 17 years of industry experience. Prior to joining TIAA, he served as Head of Portfolio Implementation for the Multi-Asset Strategies group at Voya Investment Management. He also served as a Portfolio Manager on the Quantitative Equity team at Voya. Prior to joining Voya, Steve had multiple roles in portfolio trading at Stifel Nicolaus, Legg Mason, and CIBC World Markets. Steve earned a B.S. in Business Administration and a B.A. in Mathematics from the University of Southern California, and holds a M.S. in Mathematics of Finance from New York University. Steve holds the CFA designation and is a member of the Chicago Quantitative Alliance.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 17.35 4.54 0.08