TIAA-CREF Growth & Income Retirement Fund (TRGIX) seeks long-term total return, through both capital appreciation and investment income. TRGIX normally invests a large portion of its assets in equity securities. TRGIX will invest in securities which the fund's investment adviser believes have the potential for capital appreciation, dividend income, or both. TRGIX focuses on large-cap securities that the advisor believes to be attractively valued.
This Large Growth product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 9.4% and 5 year 12.5%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
TRGIX’s performance, as of the last filing, when compared to funds in its category was in the top 31% over the past 1 year, and in the top 14% over the past 3 years and in the top 23% over the past 5 years.
The T. Rowe Price Value Advisor fund, as of the last filing, allocates their fund in top three major groups; Large Growth, Large Value and Small Growth. Further, as of the last filing, Apple Inc, Alphabet Inc and Microsoft Corp were the top holdings for TRGIX.
This Zacks Rank #1 (Strong Buy) was incepted in December 2002 and is managed by TIAA-CREF. TRGIX carries an expense ratio of 0.67% and requires a minimal initial investment of $0.
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