TIAA-CREF Real Estate Sec Retire
- TRRSX
- Price as of: Feb 25, 2021
-
$19.85
N/A N/A
- Primary Theme
- Real Estate Sector Equity
- Fund Company
- TIAA Investments
- Share Class
TRRSX - Snapshot
Vitals
- YTD Return 5.0%
- 3 Yr Annualized Return 9.0%
- 5 Yr Annualized Return 9.1%
- Net Assets $2.97 B
- Holdings in Top 10 44.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.75%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 39.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
Real Estate Sector Equity
- Fund Type Open End Mutual Fund
- Investment Style Real Estate
TRRSX - Profile
Distributions
- YTD Total Return 5.0%
- 3 Yr Annualized Total Return 9.0%
- 5 Yr Annualized Total Return 9.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.70%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameTIAA-CREF Real Estate Securities Fund
-
Fund Family NameTIAA Investments
-
Inception DateOct 01, 2002
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Copp
Fund Description
The fund invests at least 80% of its assets in the securities of companies that are principally engaged in or related to the real estate industry, including those that own significant real estate assets. It may invest up to 15% of its assets in real estate securities of foreign issuers and up to 20% of its assets in equity and debt securities of issuers that are not engaged in or related to the real estate industry.
TRRSX - Performance
Return Ranking - Trailing
Period | TRRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | -2.4% | 10.6% | 34.28% |
1 Yr | -1.0% | -37.0% | 44.1% | 9.79% |
3 Yr | 9.0%* | -9.1% | 16.6% | 6.96% |
5 Yr | 9.1%* | -0.6% | 18.9% | 5.51% |
10 Yr | 9.4%* | 3.7% | 15.6% | 9.68% |
* Annualized
Return Ranking - Calendar
Period | TRRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -0.6% | -53.9% | 35.0% | 5.64% |
2019 | 23.7% | -0.8% | 43.1% | 24.42% |
2018 | -7.0% | -44.0% | 4.9% | 12.40% |
2017 | 4.5% | -16.4% | 25.4% | 21.46% |
2016 | 0.3% | -13.1% | 340.0% | 45.15% |
Total Return Ranking - Trailing
Period | TRRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | -2.1% | 10.8% | 36.75% |
1 Yr | -1.0% | -37.0% | 44.1% | 9.79% |
3 Yr | 9.0%* | -9.1% | 16.6% | 6.96% |
5 Yr | 9.1%* | -0.9% | 18.9% | 5.12% |
10 Yr | 9.4%* | 3.7% | 15.6% | 8.29% |
* Annualized
Total Return Ranking - Calendar
Period | TRRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -0.6% | -53.9% | 35.0% | 5.64% |
2019 | 23.7% | -0.8% | 43.1% | 24.42% |
2018 | -7.0% | -43.3% | 4.9% | 35.12% |
2017 | 4.5% | -13.6% | 31.4% | 49.32% |
2016 | 0.3% | -12.3% | 13.4% | 77.18% |
NAV & Total Return History
TRRSX - Holdings
Concentration Analysis
TRRSX | Category Low | Category High | TRRSX % Rank | |
---|---|---|---|---|
Net Assets | 2.97 B | 1.01 M | 61.4 B | 15.85% |
Number of Holdings | 66 | 15 | 531 | 23.34% |
Net Assets in Top 10 | 1.3 B | 392 K | 28.5 B | 14.63% |
Weighting of Top 10 | 44.00% | 14.3% | 98.3% | 73.38% |
Top 10 Holdings
- American Tower Corp Ordinary Shares 6.93%
- Prologis Inc 6.72%
- Equinix Inc 5.78%
- Simon Property Group Inc Ordinary Shares 4.96%
- Crown Castle International Corp Ordinary Shares 4.03%
- Sun Communities Inc Ordinary Shares 3.33%
- Rexford Industrial Realty Inc Ordinary Shares 3.31%
- Welltower Inc 3.05%
- Equity Lifestyle Properties Inc Ordinary Shares 2.99%
- Digital Realty Trust Inc 2.99%
Asset Allocation
Weighting | Return Low | Return High | TRRSX % Rank | |
---|---|---|---|---|
Stocks | 97.46% | 0.00% | 106.42% | 74.22% |
Cash | 2.53% | -97.06% | 19.88% | 14.98% |
Preferred Stocks | 0.00% | 0.00% | 37.64% | 94.43% |
Other | 0.00% | -10.54% | 96.01% | 91.64% |
Convertible Bonds | 0.00% | 0.00% | 7.03% | 94.08% |
Bonds | 0.00% | -14.94% | 95.87% | 93.73% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TRRSX % Rank | |
---|---|---|---|---|
Real Estate | 93.44% | 36.53% | 100.00% | 89.09% |
Consumer Cyclical | 3.94% | 0.00% | 40.71% | 9.45% |
Technology | 2.62% | 0.00% | 15.98% | 6.91% |
Utilities | 0.00% | 0.00% | 9.15% | 93.82% |
Industrials | 0.00% | 0.00% | 11.70% | 94.55% |
Healthcare | 0.00% | 0.00% | 39.25% | 93.82% |
Financial Services | 0.00% | 0.00% | 37.05% | 94.18% |
Energy | 0.00% | 0.00% | 18.28% | 94.18% |
Communication Services | 0.00% | 0.00% | 9.32% | 94.55% |
Consumer Defense | 0.00% | 0.00% | 3.63% | 93.82% |
Basic Materials | 0.00% | 0.00% | 14.80% | 94.18% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TRRSX % Rank | |
---|---|---|---|---|
US | 94.91% | 0.00% | 100.97% | 78.05% |
Non US | 2.55% | 0.00% | 33.64% | 11.15% |
TRRSX - Expenses
Operational Fees
TRRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | 0.07% | 23.80% | 81.27% |
Management Fee | 0.48% | 0.00% | 1.67% | 16.32% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.47% | 90.54% |
Sales Fees
TRRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TRRSX 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.
TRRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 39.00% | 1.54% | 235.00% | 49.46% |
TRRSX - Distributions
Dividend Yield Analysis
TRRSX | Category Low | Category High | TRRSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.16% | 94.79% |
Dividend Distribution Analysis
TRRSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
TRRSX | Category Low | Category High | TRRSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.70% | -2.55% | 6.70% | 48.03% |
Capital Gain Distribution Analysis
TRRSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Mar 22, 2019 | $0.045 |
Sep 21, 2018 | $0.084 |
Jun 22, 2018 | $0.074 |
Mar 23, 2018 | $0.057 |
Sep 22, 2017 | $0.058 |
Jun 23, 2017 | $0.049 |
Mar 24, 2017 | $0.020 |
Sep 23, 2016 | $0.063 |
Jun 24, 2016 | $0.066 |
Mar 18, 2016 | $0.090 |
Sep 25, 2015 | $0.065 |
Jun 26, 2015 | $0.049 |
Mar 27, 2015 | $0.044 |
Sep 26, 2014 | $0.057 |
Jun 27, 2014 | $0.050 |
Mar 28, 2014 | $0.051 |
Sep 20, 2013 | $0.054 |
Jun 21, 2013 | $0.046 |
Mar 22, 2013 | $0.049 |
Dec 07, 2012 | $0.055 |
Sep 28, 2012 | $0.045 |
Jun 29, 2012 | $0.037 |
Mar 30, 2012 | $0.038 |
Dec 09, 2011 | $0.041 |
Sep 23, 2011 | $0.038 |
Jun 24, 2011 | $0.020 |
Mar 25, 2011 | $0.020 |
Dec 10, 2010 | $0.039 |
Sep 24, 2010 | $0.048 |
Jun 25, 2010 | $0.034 |
Mar 26, 2010 | $0.053 |
Dec 11, 2009 | $0.044 |
Sep 25, 2009 | $0.059 |
Jun 26, 2009 | $0.038 |
Mar 27, 2009 | $0.031 |
Dec 12, 2008 | $0.045 |
Sep 29, 2008 | $0.067 |
Jun 27, 2008 | $0.087 |
Mar 28, 2008 | $0.134 |
Dec 14, 2007 | $0.102 |
Sep 26, 2007 | $0.070 |
Jun 27, 2007 | $0.150 |
Mar 28, 2007 | $0.149 |
Dec 22, 2006 | $0.066 |
Sep 27, 2006 | $0.129 |
Jun 28, 2006 | $0.108 |
Mar 29, 2006 | $0.093 |
TRRSX - Fund Manager Analysis
Managers
David Copp
Start Date
Tenure
Tenure Rank
Dec 31, 2005
15.1
15.1%
Copp has been with Teachers Advisors, Inc. since 2005. Previous to that, he worked for RBC Capital Markets from 2002 to 2005, and Robertson Stephens from 1999 to 2002.
Brendan Lee
Start Date
Tenure
Tenure Rank
Jul 10, 2006
14.57
14.6%
Lee has been with Teachers Advisors, Inc., TIAA and its affiliates since 2006. Prior to that he worked for Cliffwood Partners, LLC, his employer since 1998.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 27.1 | 7.85 | 1.35 |