Summary portfolio of investments concluded

CREF Money Market Account ■ December 31, 2019

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Abbreviation(s):
EFFR Effective Federal Funds Rate
FRED Federal Bank Prime Loan Rate
LIBOR London Interbank Offered Rate
M Month
SOFR Secured Overnight Financing Rate
i Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the
underlying asset of the security. Coupon rate reflects the rate at period end.
“Other” securities represent the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total
for any issuer, represent 1% or less of net assets.
Cost amounts are in thousands.
For ease of presentation, a number of classification categories have been grouped together in the Summary portfolio of investments.
Note that the Account uses more specific categories in following its investment limitations on investment concentrations.

See notes to financial statements College Retirement Equities Fund ■ 2019 Annual Report 79