The TIAA-CREF Lifecycle target-date series has unique traits and follows a sensible approach to portfolio construction, but the underlying funds are a mixed bag and there are a lot of moving parts for the team to keep track of. It continues to earn a Morningstar Analyst Rating of Neutral for all share classes.
TIAA-CREF Lifecycle 2040 Retirement TCLOX Fund Analysis
Morningstar’s Fund Analysis TCLOX
Will TCLOX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TCLOX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the TCLOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of TCLOX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This target-date series is unique, but not outstanding.
