Nuveen Real Estate Securities Select Fund

TIAA-CREF Funds · 5 share classes

Actively managed U.S. equity fund
One fund, 5 share classes:TIREXTCREXTRRSXTRRPXTIRHX
$2.63B NAV
56 positions · as of 2026-06-30 · filed 2026-08-27

Fund classification

Classified from what the fund holds · as of 2026 Q2

Nuveen Real Estate Securities Select Fund is an actively managed U.S. equity fund. 32% of TIREX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q2

The Fund seeks to obtain a favorable long-term total return through both capital appreciation and current income, by investing primarily in equity securities of companies principally engaged in or related to the real estate industry.

Strategy · summarised

The fund invests at least 80% of its assets in equity securities of real estate companies, including REITs that own property, mortgage REITs, homebuilders, real estate brokers, and related businesses such as building-supply manufacturers and mortgage servicers, using an active research process focused on cash flows, asset values, and management quality. The fund may also hold up to 15% in foreign real estate securities and up to 20% in non-real-estate equities and debt. Because the fund concentrates its investments in the real estate industry, performance depends on the selection and weighting of individual securities within that sector.

Expenses
0.49% 0.87%across 5 share classes
Share classExpense ratio
TIREX0.49%
TCREX0.87%
TRRSX0.74%
TRRPX0.65%
TIRHX0.61%

Portfolio turnover 26.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.67%
of net assets
Stocks98.94%
Cash & short-term0.73%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Real Estate97.5%
International1.1%
Other0.7%
Consumer Discretionary0.7%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
32%of stock holdings in top-quartile growers
covering 97% of the fund’s equity
Earnings growth
42%of stock holdings in top-quartile growers
covering 92% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 8 new4 exited

New: SBAC, UDR, ADC, MAC, INVH, BXDC, COLD, RHP

Exited: ELS, FCPT, KIM, United States Treasury Bill

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+12.27%+28.22%+12.99%13.94%-12.05%
+11.82%+26.93%+11.30%13.91%-12.06%
+11.93%+27.19%+11.53%13.94%-12.09%
+12.14%+27.64%+12.14%13.90%-12.08%
+12.17%+27.78%+12.35%13.91%-12.08%

These classes hold the same portfolio, so the 1.69pp spread over 5 years is the cost difference between them — roughly 0.34pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Welltower IncWELL11.62%$305.12M
Prologis IncPLD6.87%$180.40M
Equinix IncEQIX6.39%$167.80M
Digital Realty Trust IncDLR5.20%$136.42M
American Tower CorpAMT4.71%$123.65M
Simon Property Group IncSPG4.15%$109.10M
Ventas IncVTR3.92%$102.98M
Iron Mountain IncIRM2.82%$74.09M
Equity ResidentialEQR2.32%$60.99M
Public StoragePSA2.13%$55.94M
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Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 50.13% of net assets, top 25 75.69%, across 56 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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