TIAA-CREF Equity Index Fund
TIEIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York NY 10017 New York NY United States of America 10017
- IPO Date
- Jun 14, 1999
- CIK
- 0001084380
- Website
- nuveen.com
- Similar Companies
- Business
- Nuveen Equity Index Fund (TIEIX) is an open-end mutual fund that seeks favorable long-term total return, primarily through capital appreciation, by investing at least 80% of its assets in equity securities that track the Russell 3000 Index; it buys most, but not necessarily all, of the stocks in the benchmark index and aims to closely replicate its overall investment characteristics, with allocations primarily to U.S. large-cap blend stocks across sectors including technology, financials, healthcare, consumer cyclical, communication services, industrials, consumer defensive, energy, and real estate. The fund offers institutional share classes such as R6 (TIEIX), alongside Retail (TEIHX), Advisor (TCEPX), Institutional (TINRX), and other variants, targeting long-term investors including retirement plans and institutional clients with a low expense ratio of 0.05%; it maintains a portfolio with approximately 98% in U.S. stocks, 1.34% cash, and minimal non-U.S. exposure. Managed by Nuveen, a subsidiary of TIAA headquartered in New York, the fund was launched on July 1, 1999, and operates primarily in the U.S. market with a total net asset value exceeding $18 billion for the R6 class. In May 2024, the fund underwent a significant rebranding from TIAA-CREF Equity Index Fund to Nuveen Equity Index Fund as part of TIAA's broader transition of its TIAA-CREF Funds and TIAA-CREF Lifecycle Funds to the Nuveen brand, reflecting TIAA's integration of its global asset management operations under Nuveen; this name change took effect May 1, 2024, with prospectus updates finalized by May 6, 2024, and no alterations to investment objectives or strategies. Portfolio management saw continuity with managers like Philip Campagna (since 2005), Darren Tran (since 2019), and Nazar Romanyak (since June 2024), amid ongoing enhancements to TIAA-CREF fund families including benchmark and policy updates in related products during 2024. No major acquisitions, partnerships, or new product launches specific to TIEIX were reported in the last 1-2 years, with focus remaining on index-tracking performance.