Large-Cap Value



Objective & Philosophy
The Large-Cap Value investment strategy seeks to generate long-term returns that outpace those of its benchmark, the Russell 1000® Value Index. The investment team believes that a long-term, contrarian view allows them to identify temporarily undervalued large capitalization securities before they are recognized by the broader market.
Key Facts
Asset Class: Equity
Inception Date: 10/01/2002
Benchmark: Russell 1000 Value Index
Portfolio Management: Richard Cutler, Managing Director
Learn More: Strategy Profile (PDF)
Investment Strategy
The Large-Cap Value investment team seeks to invest in undervalued companies that are temporarily out of favor or fallen angels, in the process of restructuring or recovering growth opportunities. Quantitative and fundamental analysis techniques are utilized, as well as research from TIAA-CREF's own Equity Research team, which helps the investment team determine a company's intrinsic value and future profitability. The team also looks for the presence of positive, near-term catalysts such as cyclical or management restructuring events that will create the potential for future price appreciation.
Performance & Statistics

All data is shown in U.S. Dollars.  Non-performance information is based on a representative account of the strategy. Each portfolio may differ due to specific investment restrictions and guidelines. Past performance is not an indicator or guarantee of future results. The gross performance returns presented reflect the reinvestment of dividends and other earnings but do not reflect the deduction of investment advisory fees and other expenses. A client's return will be reduced by advisory fees and any other expenses it may incur in the management of its investment advisory account.

Portfolios within the composite are subject to certain risks such as market and investment style risk. 

The Russell 1000 Value Index is a subset of the Russell 1000 index, which tracks the stocks of the 1,000 largest companies in the Russell 3000 Index, based on market capitalization.  The Russell 1000 Value Index measures the performance of those Russell 1000 companies with lower price-to-book ratios and lower relative forecasted growth values.

The separate account minimum is $50 Million.

This material is provided for informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate. TIAA-CREF claims compliance with the Global Investment Performance Standards (GIPS®). TIAA-CREF is a group of companies that manages domestic, international and global investment strategies for clients worldwide, and provides insurance-related financial services. To receive a complete list and descriptions of TIAA-CREF composites and/or a presentation that adheres to the GIPS standards, please Contact Us.

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