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TIAA-CREF Lifecycle Retirement Income Fund Institutional Class (TLRIX)

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12.73-0.11 (-0.86%)
As of 8:07AM EDT. Market open.

TIAA-CREF Lifecycle Retirement Income Fund Institutional Class

Tiaa-cref Funds

730 Third Ave.

New York NY 10017

Management Information
Steve L. Sedmak,Lead Manager since September 30, 2018
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.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryAllocation--30% to 50% Equity
Fund FamilyTIAA Investments
Net Assets608.87M
YTD Return3.84%
Morningstar Rating★★★★
Inception DateNov 29, 2007

Fund Operations

Last Dividend0.05
Last Cap Gain0.00
Holdings Turnover30.00%
Average for CategoryN/A

Fees & Expenses

ExpenseTLRIXCategory Average
Annual Report Expense Ratio (net)0.37%0.72%
Prospectus Net Expense Ratio0.37%N/A
Prospectus Gross Expense Ratio0.54%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A4.83%
Max Deferred Sales LoadN/A1.36%
3 Yr Expense Projection134N/A
5 Yr Expense Projection263N/A
10 Yr Expense Projection640N/A