TIAA Funds

TIAA was founded in 1918 in New York when the Carnegie Foundation for the Advancement of Teaching wanted to provide a way for educators to have guaranteed retirement income and life insurance. In 2016, TIAA-CREF rebranded its name and the company became known as TIAA. Nuveen is the investment manager of TIAA, and offers a wide range of mutual funds, including actively managed funds. TIAA provides a variety of funds consisting of equity and fixed-income assets. The mutual funds include ones with global, real estate, emerging markets, high yield and growth, to name a few. The fixed-income strategy includes funds with municipal bonds and tax-exempt bonds. The company provides financial and retirement options for employees in the academic, medical, research, cultural and government industries. At the end of 2018, TIAA managed about $1 trillion in assets.