TCLIX: TIAA-CREF Lifecycle 2015 Retirement

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

TCLIX TIAA-CREF Lifecycle 2015 Retirement


Profile

TCLIX - Profile

Vitals

  • YTD Return 1.9%
  • 3 Yr Annualized Return 2.4%
  • 5 Yr Annualized Return 0.4%
  • Net Assets $1.8 B
  • Holdings in Top 10 78.9%

52 WEEK LOW AND HIGH

$12.65
$11.66
$12.71

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.60%

SALES FEES

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

BROKERAGE FEES

  • Turnover 21.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2015

Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 0.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    TIAA-CREF Lifecycle 2015 Fund
  • Fund Family Name
    TIAA Investments
  • Inception Date
    Oct 15, 2004
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Cunniff

Fund Description

The fund is a "fund of funds" that invests in Class W shares of other funds of the Trust and in other investment pools or investment products. Advisors currently expects to allocate approximately 40.00% of the fund's assets to equity underlying funds, 55.00% of its assets to fixed-income underlying funds and 5.00% of its assets to direct real estate underlying funds. Target allocations will change over time and actual allocations may vary up to ten percentage points from the targets.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

TCLIX - Performance

Return Ranking - Trailing

Period TCLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% 0.0% 3.8% 37.76%
1 Yr 7.8% -8.4% 19.5% 40.23%
3 Yr 2.4%* -18.0% 8.9% 42.99%
5 Yr 0.4%* -11.5% 6.4% 49.81%
10 Yr 2.4%* -3.7% 8.8% 65.12%

* Annualized

Return Ranking - Calendar

Period TCLIX Return Category Return Low Category Return High Rank in Category (%)
2019 12.5% -1.8% 29.3% 56.38%
2018 -10.5% -30.8% -0.6% 18.34%
2017 8.4% -36.9% 19.9% 74.63%
2016 1.0% -5.2% 8.6% 86.94%
2015 -6.6% -25.3% -0.9% 60.77%

Total Return Ranking - Trailing

Period TCLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% 0.0% 3.8% 37.76%
1 Yr 7.8% -8.4% 19.5% 40.23%
3 Yr 2.4%* -18.0% 10.1% 68.60%
5 Yr 0.4%* -11.5% 7.9% 85.52%
10 Yr 2.4%* -3.7% 10.0% 93.35%

* Annualized

Total Return Ranking - Calendar

Period TCLIX Return Category Return Low Category Return High Rank in Category (%)
2019 12.5% -1.8% 29.3% 56.38%
2018 -10.5% -25.4% 1.3% 53.49%
2017 8.4% -36.9% 26.6% 89.20%
2016 1.0% -3.2% 12.3% 95.28%
2015 -6.6% -25.3% 3.9% 90.42%

NAV & Total Return History


Holdings

TCLIX - Holdings

Concentration Analysis

TCLIX Category Low Category High TCLIX % Rank
Net Assets 1.8 B 33.2 K 34.1 B 14.40%
Number of Holdings 22 1 509 45.05%
Net Assets in Top 10 1.42 B 0 25.3 B 15.32%
Weighting of Top 10 78.92% 0.0% 100.0% 58.06%

Top 10 Holdings

  1. TIAA-CREF Bond W 20.72%
  2. TIAA-CREF Bond Plus W 12.79%
  3. TIAA-CREF Short-Term Bond W 7.99%
  4. TIAA-CREF Inflation Link Bd W 7.88%
  5. TIAA-CREF Growth & Income W 6.01%
  6. TIAA-CREF Large-Cap Growth W 5.63%
  7. TIAA-CREF Large-Cap Value W 5.05%
  8. TIAA-CREF Quant Large-Cap Growth W 4.91%
  9. Tiaa Cref Real Property Fnd Lp 4.30%
  10. TIAA-CREF Quant Intl Eq W 3.63%

Asset Allocation

Weighting Return Low Return High TCLIX % Rank
Bonds
52.15% -156.19% 70.59% 12.53%
Stocks
40.01% 0.00% 94.33% 87.47%
Other
4.67% -2.86% 52.80% 5.30%
Cash
2.79% -8.67% 187.11% 53.82%
Convertible Bonds
0.37% 0.00% 5.71% 24.83%
Preferred Stocks
0.01% 0.00% 36.16% 53.87%

Stock Sector Breakdown

Weighting Return Low Return High TCLIX % Rank
Technology
18.78% 3.36% 19.67% 3.02%
Financial Services
16.68% 3.80% 22.68% 56.59%
Healthcare
13.50% 1.80% 18.73% 9.87%
Industrials
11.66% 1.74% 13.78% 34.06%
Consumer Cyclical
11.46% 2.04% 12.71% 7.53%
Communication Services
8.58% 0.38% 16.33% 23.90%
Consumer Defense
6.75% 1.11% 17.74% 80.60%
Basic Materials
4.30% 0.50% 6.48% 35.65%
Energy
3.76% 0.98% 5.80% 83.57%
Real Estate
2.41% 0.46% 20.92% 96.86%
Utilities
2.12% 0.00% 5.09% 89.05%

Stock Geographic Breakdown

Weighting Return Low Return High TCLIX % Rank
US
26.77% 0.00% 65.75% 84.34%
Non US
13.24% 0.00% 44.80% 89.41%

Bond Sector Breakdown

Weighting Return Low Return High TCLIX % Rank
Government
33.00% -2.84% 70.26% 57.46%
Corporate
30.22% 0.00% 99.65% 32.97%
Securitized
28.80% 0.00% 34.94% 8.49%
Cash & Equivalents
5.08% 0.04% 187.10% 93.79%
Municipal
2.89% 0.00% 3.54% 1.54%
Derivative
0.01% -170.75% 38.94% 49.32%

Bond Geographic Breakdown

Weighting Return Low Return High TCLIX % Rank
US
43.09% -189.52% 69.32% 14.75%
Non US
9.06% -33.97% 33.33% 8.88%

Expenses

TCLIX - Expenses

Operational Fees

TCLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.01% 108.96% 49.08%
Management Fee 0.43% 0.00% 1.05% 83.39%
12b-1 Fee N/A 0.00% 1.00% 24.37%
Administrative Fee N/A 0.01% 0.40% 72.92%

Sales Fees

TCLIX 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

TCLIX 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.

TCLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 0.00% 171.00% 34.14%

Distributions

TCLIX - Distributions

Dividend Yield Analysis

TCLIX Category Low Category High TCLIX % Rank
Dividend Yield 0.00% 0.00% 4.86% 41.04%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TCLIX Category Low Category High TCLIX % Rank
Net Income Ratio 2.19% -0.74% 13.14% 31.10%

Capital Gain Distribution Analysis

TCLIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

TCLIX - Fund Manager Analysis

Managers

John Cunniff


Start Date

Tenure

Tenure Rank

Mar 31, 2006

13.85

13.9%

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

Hans Erickson


Start Date

Tenure

Tenure Rank

Mar 31, 2006

13.85

13.9%

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.

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 15.26 4.79 1.42