Portfolio of investments (unaudited)

Lifestyle Income Fund ■ November 30, 2020

% of net
Shares Security Value assets
AFFILIATED INVESTMENT COMPANIES—99.9%a
FIXED INCOME—39.6%
1,632,322 TIAA-CREF Core Bond Fund $18,249,356 19.8%
1,631,836 TIAA-CREF Core Plus Bond Fund 18,260,247 19.8
TOTAL FIXED INCOME 36,509,603 39.6
INTERNATIONAL EQUITY—6.3%
19,164 Nuveen International Growth Fund 1,033,491 1.1
59,363 TIAA-CREF Emerging Markets Equity Fund 822,176 0.9
134,134 TIAA-CREF International Equity Fund 1,676,678 1.8
71,066 TIAA-CREF International Opportunities Fund 1,261,425 1.4
28,143 TIAA-CREF Quant International Equity Fund 211,355 0.3
73,046 TIAA-CREF Quant International Small-Cap Equity Fund 757,487 0.8
TOTAL INTERNATIONAL EQUITY 5,762,612 6.3
SHORT-TERM FIXED INCOME—39.4%
3,457,079 TIAA-CREF Short-Term Bond Fund 36,333,899 39.4
TOTAL SHORT-TERM FIXED INCOME 36,333,899 39.4
U.S. EQUITY—14.6%
134,739 Nuveen Dividend Value Fund 1,781,247 1.9
33,068 Nuveen Santa Barbara Dividend Growth Fund 1,566,765 1.7
124,823 TIAA-CREF Growth & Income Fund 2,107,019 2.3
79,676 TIAA-CREF Large-Cap Growth Fund 2,391,076 2.6
37,011 TIAA-CREF Large-Cap Growth Index Fund 1,780,973 1.9
122,685 TIAA-CREF Large-Cap Value Fund 2,256,172 2.5
12,081 TIAA-CREF Quant Large-Cap Growth Fund 231,360 0.3
11,722 TIAA-CREF Quant Large-Cap Value Fund 110,191 0.1
32,994 TIAA-CREF Quant Small-Cap Equity Fund 560,572 0.6
47,346 TIAA-CREF Quant Small/Mid-Cap Equity Fund 630,654 0.7
TOTAL U.S. EQUITY 13,416,029 14.6
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $84,796,388) 92,022,143 99.9

TOTAL PORTFOLIO (Cost $84,796,388) 92,022,143 99.9

OTHER ASSETS & LIABILITIES, NET 99,395 0.1
NET ASSETS $92,121,538 100.0%
_________
a The Fund invests its assets in Institutional Class shares of the affiliated TIAA-CREF Funds and Class R6 shares of the
affiliated Nuveen Funds.

26 2020 Semiannual Report ■ TIAA-CREF Lifestyle Funds See notes to financial statements