1 As of 31 Dec 2024.
2 Pensions & Investments, 10 Jun 2024. Rankings based on active U.S. bonds, U.S. institutional tax exempt assets under management as of 31 Dec 2023 reported by each responding asset manager; updated annually.
3 Morningstar Direct “2024 Target-Date Strategy Landscape".
4 Financial Strength: The TIAA General Account, September 30, 2024. Total assets $350.4 billion. Total TIAA assets include, in addition to the General Account, separately managed accounts such as the Real Estate Account and TIAA Stable Value. Total statutory capital is composed of capital and surplus, and asset valuation reserve for TIAA.
5 2023 NAIC annual statement page 27, annuities, sum of individual and group income payable.
6 Nuveen traces its history to 1898 when the company began underwriting municipal bonds, and investment management activities date back to 1918 at TIAA when TIAA began managing retirement assets on behalf of TIAA's general account. TIAA acquired Nuveen in 2014, and shortly thereafter TIAA’s asset management business was combined with Nuveen. Statements regarding Nuveen’s history include TIAA’s history.