# EDGAR Filing Document

**Accession Number:** 0001084380
**File Stem:** 0001084380-25-000395
**Filing Date:** 2025-11
**Character Count:** 35086
**Document Hash:** 29692568a33b9e5d6a0246f35e00161f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001084380-25-000395.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001084380-25-000395

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TIAA-CREF FUNDS
- **CENTRAL INDEX KEY:** 0001084380

**ORGANIZATION NAME:**
- **EIN:** 134055167
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09301
- **FILM NUMBER:** 251525293

**BUSINESS ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 2129166746

**MAIL ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TIAA CREF INSTITUTIONAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19990415

## Series and Classes Contracts Data

### Nuveen Real Estate Securities Select Fund (Series ID: S000005369)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014628 | Class R6         | TIREX           |
| C000014629 | Class A          | TCREX           |
| C000014630 | Retirement Class | TRRSX           |
| C000079553 | Premier Class    | TRRPX           |
| C000162546 | Class I          | TIRHX           |

## Nport-Ex

Portfolio of Investments September 30, 2025

Inflation Linked Bond

(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 98.1%

CORPORATE BONDS - 0.2%

ENERGY - 0.0%

$

328,947

Reliance Industries Ltd

.444

%

01/15/26

$

327,121

TOTAL ENERGY

327,121

FINANCIAL SERVICES - 0.0%

565,768

HNA LLC

.369

09/18/27

550,212

TOTAL FINANCIAL SERVICES

550,212

HEALTH CARE EQUIPMENT & SERVICES - 0.2%

5,865,000

Montefiore Medical Center

.895

04/20/32

5,234,095

TOTAL HEALTH CARE EQUIPMENT & SERVICES

5,234,095

TOTAL CORPORATE BONDS

(Cost $6,754,958)

6,111,428

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

GOVERNMENT BONDS - 97.9%

MORTGAGE BACKED - 1.5%

6,607,950

Ginnie Mae I Pool

.600

09/15/31

6,457,129

3,755,024

Ginnie Mae I Pool

.700

10/15/33

3,648,233

1,153,140

Ginnie Mae I Pool

.380

07/15/35

1,094,376

1,139,274

Ginnie Mae I Pool

.870

10/15/36

1,098,507

4,179,761

Ginnie Mae I Pool

.940

03/15/37

4,035,437

14,955,492

Ginnie Mae I Pool

.730

07/15/37

12,783,087

11,391,324

Ginnie Mae I Pool

.650

07/15/42

8,956,461

11,674,832

Ginnie Mae I Pool

.750

01/15/45

11,021,185

TOTAL MORTGAGE BACKED

49,094,415

U.S. TREASURY SECURITIES - 96.4%

621,987

(a) United States Treasury Inflation Indexed Bonds

.125

10/15/25

621,525

2,066,712

(a) United States Treasury Inflation Indexed Bonds

.625

01/15/26

2,060,870

2,863,837

(a) United States Treasury Inflation Indexed Bonds

.000

01/15/26

2,866,373

3,195,704

(a) United States Treasury Inflation Indexed Bonds

.125

04/15/26

3,178,820

54,242,375

(a) United States Treasury Inflation Indexed Bonds

.125

07/15/26

54,052,750

106,629,930

(a) United States Treasury Inflation Indexed Bonds

.125

10/15/26

106,039,556

126,682,139

(a) United States Treasury Inflation Indexed Bonds

.375

01/15/27

125,691,509

40,612,477

(a) United States Treasury Inflation Indexed Bonds

.375

01/15/27

41,327,344

22,641,739

(a) United States Treasury Inflation Indexed Bonds

.125

04/15/27

22,328,046

73,290,789

(a) United States Treasury Inflation Indexed Bonds

.375

07/15/27

72,792,595

86,202,444

(a) United States Treasury Inflation Indexed Bonds

.625

10/15/27

87,584,044

99,660,061

(a) United States Treasury Inflation Indexed Bonds

.500

01/15/28

98,501,600

27,083,868

(a) United States Treasury Inflation Indexed Bonds

.750

01/15/28

27,526,202

166,566,472

(a) United States Treasury Inflation Indexed Bonds

.250

04/15/28

167,202,432

35,512,547

(a) United States Treasury Inflation Indexed Bonds

.625

04/15/28

37,774,824

64,344,114

(a) United States Treasury Inflation Indexed Bonds

.750

07/15/28

64,046,586

75,249,278

(a) United States Treasury Inflation Indexed Bonds

.375

10/15/28

78,378,229

106,662,026

(a) United States Treasury Inflation Indexed Bonds

.875

01/15/29

105,844,569

65,275,318

(a) United States Treasury Inflation Indexed Bonds

.500

01/15/29

68,201,447

171,323,677

(a) United States Treasury Inflation Indexed Bonds

.125

04/15/29

176,837,649

77,390,738

(a) United States Treasury Inflation Indexed Bonds

.875

04/15/29

84,601,538

75,102,789

(a) United States Treasury Inflation Indexed Bonds

.250

07/15/29

72,848,514

62,002,715

(a) United States Treasury Inflation Indexed Bonds

.625

10/15/29

63,229,104

138,634,190

(a) United States Treasury Inflation Indexed Bonds

.125

01/15/30

132,341,594

128,830,125

(a) United States Treasury Inflation Indexed Bonds

.625

04/15/30

130,803,178

131,682,555

(a) United States Treasury Inflation Indexed Bonds

.125

07/15/30

125,193,593

141,799,928

(a) United States Treasury Inflation Indexed Bonds

.125

01/15/31

133,140,132

145,157,900

(a) United States Treasury Inflation Indexed Bonds

.125

07/15/31

135,545,331

10,377,497

(a) United States Treasury Inflation Indexed Bonds

.125

01/15/32

9,554,581

46,804,006

(a) United States Treasury Inflation Indexed Bonds

.375

04/15/32

52,373,929

76,325,070

(a) United States Treasury Inflation Indexed Bonds

.625

07/15/32

72,232,671

120,645,063

(a) United States Treasury Inflation Indexed Bonds

.125

01/15/33

116,923,300

96,790,330

(a) United States Treasury Inflation Indexed Bonds

.375

07/15/33

95,293,773

190,319,622

(a) United States Treasury Inflation Indexed Bonds

.750

01/15/34

191,205,770

Inflation Linked Bond

Portfolio of Investments September 30, 2025

(continued)

Investments in Derivatives

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity

with the applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part

F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain

footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or

omitted from this report pursuant to the rules of the SEC. For a full set of the Fund's notes to financial statements, please refer to

the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Adviser,

subject to the review and oversight of the Board. Fair value is defined as the price that would be received upon selling an investment

or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the

investment. U.S. GAAP establishes the three-tier hierarchy that is used to maximize the use of observable market data and minimize

the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable

inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market

data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about the

assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information

available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest

rates, credit spreads, etc.).

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

U.S. TREASURY SECURITIES

(continued)

$

114,188,812

(a) United States Treasury Inflation Indexed Bonds

.875

%

07/15/34

$

115,845,895

120,390,738

(a) United States Treasury Inflation Indexed Bonds

.125

01/15/35

123,935,791

35,758,981

(a) United States Treasury Inflation Indexed Bonds

.875

07/15/35

36,048,493

TOTAL U.S. TREASURY SECURITIES

3,033,974,157

TOTAL GOVERNMENT BONDS

(Cost $3,097,648,340)

3,083,068,572

TOTAL LONG-TERM INVESTMENTS

(Cost $3,104,403,298)

3,089,180,000

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.1%

REPURCHASE AGREEMENT - 0.1%

3,436,000

(b) Fixed Income Clearing Corporation

.200

10/01/25

3,436,000

TOTAL REPURCHASE AGREEMENT

3,436,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $3,436,000)

3,436,000

TOTAL INVESTMENTS - 98.2%

(Cost $3,107,839,298)

3,092,616,000

OTHER ASSETS & LIABILITIES, NET - 1.8%

55,865,915

NET ASSETS - 100.0%

$

3,148,481,915

(a) Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index.

(b) Agreement with Fixed Income Clearing Corporation, 4.200% dated 9/30/25 to be repurchased at $3,436,401 on 10/1/25, collateralized by Government Agency Securities, with coupon rate

3.500% and maturity date 9/30/29, valued at $3,504,867.

Futures Contracts - Long

Description

Number of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

U.S. Treasury 10-Year Note

12/19/25

$

35,594,066

$

35,887,500

$

293,434

U.S. Treasury 5-Year Note

12/31/25

21,766,877

21,839,062

72,185

Total

519

$

57,360,943

$

57,726,562

$

365,619

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the

fair value of investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs

used to value them:

Fund

Level 1

Level 2

Level 3

Total

Inflation Linked Bond

Long-Term Investments

:

Corporate bonds

$—

$6,111,428

$—

$6,111,428

Government bonds

—

3,083,068,572

—

3,083,068,572

Short-Term Investments

:

Repurchase agreement

—

3,436,000

—

3,436,000

Investments in Derivatives

:

Futures contracts\*

365,619

—

—

365,619

Total

$365,619

$3,092,616,000

$—

$3,092,981,619

\*

Represents net unrealized appreciation (depreciation).

Real Estate Securities Select

Portfolio of Investments September 30, 2025

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.1%

COMMON STOCKS - 99.1%

ASSET MANAGEMENT & CUSTODY BANKS - 0.6%

100,000

Blackstone, Inc

$

17,085,000

TOTAL ASSET MANAGEMENT & CUSTODY BANKS

17,085,000

DATA CENTER REITS - 10.5%

750,000

Digital Realty Trust, Inc

129,660,000

190,000

Equinix, Inc

148,815,600

TOTAL DATA CENTER REITS

278,475,600

DIVERSIFIED REITS - 0.3%

300,000

Essential Properties Realty Trust, Inc

8,928,000

TOTAL DIVERSIFIED REITS

8,928,000

HEALTH CARE REITS - 16.3%

1,203,000

American Healthcare REIT, Inc

50,538,030

1,600,000

Sabra Health Care REIT, Inc

29,824,000

1,500,000

Ventas, Inc

104,985,000

1,375,000

Welltower, Inc

244,942,500

TOTAL HEALTH CARE REITS

430,289,530

HOTELS, RESORTS & CRUISE LINES - 1.3%

130,000

Hyatt Hotels Corp

18,450,900

60,000

Marriott International, Inc (Class A)

15,626,400

TOTAL HOTELS, RESORTS & CRUISE LINES

34,077,300

INDUSTRIAL REITS - 12.4%

175,000

EastGroup Properties, Inc

29,620,500

2,075,000

Prologis, Inc

237,629,000

1,025,000

Rexford Industrial Realty, Inc

42,137,750

350,000

Terreno Realty Corp

19,862,500

TOTAL INDUSTRIAL REITS

329,249,750

MULTI-FAMILY RESIDENTIAL REITS - 9.3%

315,000

AvalonBay Communities, Inc

60,848,550

150,000

Camden Property Trust

16,017,000

600,000

Equity Residential

38,838,000

250,000

Essex Property Trust, Inc

66,915,000

450,000

Mid-America Apartment Communities, Inc

62,878,500

TOTAL MULTI-FAMILY RESIDENTIAL REITS

245,497,050

OFFICE REITS - 4.4%

525,000

Boston Properties, Inc

39,028,500

2,900,000

Hudson Pacific Properties, Inc

8,004,000

725,000

SL Green Realty Corp

43,362,250

650,000

Vornado Realty Trust

26,344,500

TOTAL OFFICE REITS

116,739,250

OTHER SPECIALIZED REITS - 4.9%

900,000

Gaming and Leisure Properties, Inc

41,949,000

325,000

Iron Mountain, Inc

33,130,500

1,700,000

VICI Properties, Inc

55,437,000

TOTAL OTHER SPECIALIZED REITS

130,516,500

RETAIL REITS - 17.8%

525,000

Agree Realty Corp

37,296,000

1,300,000

Curbline Properties Corp

28,990,000

2,000,000

Kimco Realty Corp

43,700,000

400,000

Kite Realty Group Trust

8,920,000

850,000

Macerich Co

15,470,000

1,300,000

Realty Income Corp

79,027,000

700,000

Regency Centers Corp

51,030,000

1,000,000

Simon Property Group, Inc

187,670,000

525,000

Tanger Factory Outlet Centers, Inc

17,766,000

TOTAL RETAIL REITS

469,869,000

SELF STORAGE REITS - 5.3%

500,000

Extra Space Storage, Inc

70,470,000

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity

with the applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part

F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain

footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or

omitted from this report pursuant to the rules of the SEC. For a full set of the Fund's notes to financial statements, please refer to

the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Adviser,

subject to the review and oversight of the Board. Fair value is defined as the price that would be received upon selling an investment

or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the

investment. U.S. GAAP establishes the three-tier hierarchy that is used to maximize the use of observable market data and minimize

the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable

inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market

data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about the

assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information

available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest

rates, credit spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the

fair value of investments).

SHARES

DESCRIPTION

VALUE

SELF STORAGE REITS

(continued)

240,000

Public Storage, Inc

$

69,324,000

TOTAL SELF STORAGE REITS

139,794,000

SINGLE-FAMILY RESIDENTIAL REITS - 6.2%

825,000

American Homes 4 Rent

27,431,250

675,000

Equity Lifestyle Properties, Inc

40,972,500

1,600,000

Invitation Homes, Inc

46,928,000

375,000

Sun Communities, Inc

48,375,000

TOTAL SINGLE-FAMILY RESIDENTIAL REITS

163,706,750

TELECOM TOWER REITS - 9.8%

750,000

American Tower Corp

144,240,000

900,000

Crown Castle, Inc

86,841,000

150,000

SBA Communications Corp

29,002,500

TOTAL TELECOM TOWER REITS

260,083,500

TOTAL COMMON STOCKS

(Cost $1,717,126,277)

2,624,311,230

TOTAL LONG-TERM INVESTMENTS

(Cost $1,717,126,277)

2,624,311,230

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.6%

REPURCHASE AGREEMENT - 0.6%

$

15,875,000

(a) Fixed Income Clearing Corporation

.200

%

10/01/25

15,875,000

TOTAL REPURCHASE AGREEMENT

15,875,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $15,875,000)

15,875,000

TOTAL INVESTMENTS - 99.7%

(Cost $1,733,001,277)

2,640,186,230

OTHER ASSETS & LIABILITIES, NET - 0.3%

7,483,955

NET ASSETS - 100.0%

$

2,647,670,185

REIT

Real Estate Investment Trust

(a) Agreement with Fixed Income Clearing Corporation, 4.200% dated 9/30/25 to be repurchased at $15,876,852 on 10/1/25, collateralized by Government Agency Securities, with coupon rate

0.625% and maturity date 5/15/30, valued at $16,192,616.

Real Estate Securities Select

Portfolio of Investments September 30, 2025

(continued)

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs

used to value them:

Fund

Level 1

Level 2

Level 3

Total

Real Estate Securities Select

Long-Term Investments

:

Common stocks

$2,624,311,230

$—

$—

$2,624,311,230

Short-Term Investments

:

Repurchase agreement

—

15,875,000

—

15,875,000

Total

$2,624,311,230

$15,875,000

$—

$2,640,186,230

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** TIAA-CREF Funds

- **b. Investment Company Act file number:** 811-09301

- **c. CIK number of Registrant:** 0001084380

- **d. LEI of Registrant:** 549300L8R42TEBN5NG46

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 730 Third Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 800-842-2733

**Item A.2. Information about the Series.**

- **a. Name of Series:** Nuveen Real Estate Securities Select Fund

- **b. EDGAR series identifier (if any):** S000005369

- **c. LEI of Series:** 5493003CPZJOTEL8GQ47

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2649986316.00

**Total Liabilities:** $2175450.00

**Net Assets:** $2647810866.00

**Cash Not Reported:** $480862.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000014628 | -0.79%               | 0.00%                | 0.76%                |
| Class ID C000014629 | -0.85%               | 0.00%                | 0.68%                |
| Class ID C000014630 | -0.85%               | -0.05%               | 0.76%                |
| Class ID C000079553 | -0.84%               | 0.00%                | 0.77%                |
| Class ID C000162546 | -0.84%               | 0.00%                | 0.79%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6.40                    | $-23503849.46                              |
| Month 2  | $-549619.53              | $77149970.16                               |
| Month 3  | $18683983.26             | $-17578212.45                              |

### Schedule of Portfolio Investments

| Name                                  | Title                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Equinix Inc                           | Equinix, Inc                           | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |    190000 | NS      | $148815600.00 | 5.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust               | Kite Realty Group Trust                | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    400000 | NS      | $8920000.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc               | Extra Space Storage, Inc               | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    500000 | NS      | $70470000.00  | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc              | Digital Realty Trust, Inc              | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |    750000 | NS      | $129660000.00 | 4.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                     | Agree Realty Corp                      | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    525000 | NS      | $37296000.00  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp               | SBA Communications Corp                | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |    150000 | NS      | $29002500.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                  | Invitation Homes, Inc                  | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1600000 | NS      | $46928000.00  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT Inc            | Sabra Health Care REIT, Inc            | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |   1600000 | NS      | $29824000.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                   | VICI Properties, Inc                   | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |   1700000 | NS      | $55437000.00  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust Inc | Essential Properties Realty Trust, Inc | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    300000 | NS      | $8928000.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                        | Blackstone, Inc                        | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |    100000 | NS      | $17085000.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp                  | SL Green Realty Corp                   | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |    725000 | NS      | $43362250.00  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                     | Kimco Realty Corp                      | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |   2000000 | NS      | $43700000.00  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc          | American Healthcare REIT, Inc          | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |   1203000 | NS      | $50538030.00  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp                     | Hyatt Hotels Corp                      | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |    130000 | NS      | $18450900.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                   | Terreno Realty Corp                    | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    350000 | NS      | $19862500.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Pacific Properties Inc         | Hudson Pacific Properties, Inc         | CUSIP: 444097109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2900000 | NS      | $8004000.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp              | Curbline Properties Corp               | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |   1300000 | NS      | $28990000.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                            | Ventas, Inc                            | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |   1500000 | NS      | $104985000.00 | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc             | AvalonBay Communities, Inc             | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |    315000 | NS      | $60848550.00  | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc              | Essex Property Trust, Inc              | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |    250000 | NS      | $66915000.00  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                    | Equity Residential                     | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |    600000 | NS      | $38838000.00  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                         | Welltower, Inc                         | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |   1375000 | NS      | $244942500.00 | 9.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc       | Equity Lifestyle Properties, Inc       | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    675000 | NS      | $40972500.00  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Macerich Co/The                       | Macerich Co                            | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |    850000 | NS      | $15470000.00  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities Inc | Mid-America Apartment Communities, Inc | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |    450000 | NS      | $62878500.00  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp                  | Regency Centers Corp                   | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |    700000 | NS      | $51030000.00  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                    | Realty Income Corp                     | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |   1300000 | NS      | $79027000.00  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc              | Simon Property Group, Inc              | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |   1000000 | NS      | $187670000.00 | 7.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Inc                            | Tanger Factory Outlet Centers, Inc     | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |    525000 | NS      | $17766000.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                   | Sun Communities, Inc                   | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |    375000 | NS      | $48375000.00  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                        | Public Storage, Inc                    | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |    240000 | NS      | $69324000.00  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                  | Vornado Realty Trust                   | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    650000 | NS      | $26344500.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                 | Camden Property Trust                  | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |    150000 | NS      | $16017000.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                     | Iron Mountain, Inc                     | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |    325000 | NS      | $33130500.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc              | EastGroup Properties, Inc              | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |    175000 | NS      | $29620500.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP Inc                               | Boston Properties, Inc                 | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |    525000 | NS      | $39028500.00  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD         | Marriott International, Inc (Class A)  | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     60000 | NS      | $15626400.00  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                   | American Tower Corp                    | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    750000 | NS      | $144240000.00 | 5.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                          | Prologis, Inc                          | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |   2075000 | NS      | $237629000.00 | 8.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                      | Crown Castle, Inc                      | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |    900000 | NS      | $86841000.00  | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                 | American Homes 4 Rent                  | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    825000 | NS      | $27431250.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc         | Rexford Industrial Realty, Inc         | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |   1025000 | NS      | $42137750.00  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET BANK AND TRUST COMPANY   | Fixed Income Clearing Corporation      | CUSIP: 85748R009<br>LEI: N/A                  | Long             | RA               | CORP              | US        |  15875000 | PA      | $15875000.00  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Gaming and Leisure Properties Inc     | Gaming and Leisure Properties, Inc     | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |    900000 | NS      | $41949000.00  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** TIAA-CREF Funds

**Signature:** Gina Spunder

**Name of Signer:** Gina Spunder

**Title:** Director, Fund Financial Reporting