Page 1 of 5. Principal. Maturity Date. Yield/Coupo. Issuer Category of Investment CUSIP

Rule 2a-7(c)(12) Schedule of Investments TIAA-CREF Money Market Fund Fund Information and Unaudited Holdings as of December 31, 2016 Weighted Average Maturity: 46.05 days Weighted Average Life: 86.16 days Maturity 31315LBF4 3,760,000 1/30/2017 1/30/2017 0.3900 3,758,928 31315LBS6 3,595,000 2/10/2017 2/10/2017 0.5100 3,593,102 31315LDK1 1,000,000 3/23/2017 3/23/2017 0.5300 998,859 31315LGH5 2,700,000 6/1/2017 6/1/2017 0.5700 2,693,741 31315LJR0 750,000 7/27/2017 7/27/2017 0.5900 747,523 31315PN88 4,000,000 1/26/2017 1/26/2017 1.1000 4,002,124 3132X0KY6 5,000,000 1/3/2017 10/27/2017 0.7200 4,999,185 3132X0LN9 5,000,000 1/3/2017 3/23/2018 0.7800 4,999,395 31315LCG1 3,000,000 2/24/2017 2/24/2017 0.5100 2,997,834 31315LCS5 2,000,000 3/6/2017 3/6/2017 0.5300 1,998,208 31315LDL9 1,445,000 3/24/2017 3/24/2017 0.5300 1,443,330 3132X0GT2 4,800,000 3/7/2017 6/7/2017 0.8381 4,805,789 3132X0HC8 4,750,000 1/6/2017 9/6/2017 0.7067 4,754,156 3132X0HG9 5,000,000 1/3/2017 1/3/2017 0.7156 5,000,000 313313AN8 540,000 1/13/2017 1/13/2017 0.3900 539,943 313313AZ1 4,500,000 1/24/2017 1/24/2017 0.3900 4,499,001 313313BH0 1,900,000 2/1/2017 2/1/2017 0.5100 1,899,234 313313BV9 2,000,000 2/13/2017 2/13/2017 0.5100 1,998,862 313313BZ0 567,000 2/17/2017 2/17/2017 0.5100 566,646 313313DK1 7,000,000 3/23/2017 3/23/2017 0.5300 6,992,013 313313DL9 5,000,000 3/24/2017 3/24/2017 0.5300 4,994,220 313313GA0 200,000 5/25/2017 5/25/2017 0.5600 199,566 313313JA7 783,000 7/12/2017 7/12/2017 0.5900 780,603 3133EDFB3 1,400,000 1/13/2017 2/13/2017 0.7200 1,400,396 3133EDUD2 4,700,000 1/4/2017 8/4/2017 0.6745 4,702,472 3133EDX64 3,000,000 1/3/2017 4/10/2017 0.7500 3,000,564 3133EE3N8 3,000,000 1/3/2017 1/13/2017 0.7000 3,000,000 3133EE4Y3 3,000,000 1/17/2017 7/17/2017 0.7162 3,002,592 Page 1 of 5

Maturity 3133EEC65 6,800,000 1/24/2017 1/24/2017 0.7361 6,800,721 3133EEJ76 2,200,000 1/4/2017 11/13/2017 0.7808 2,201,989 3133EEMH0 3,400,000 1/2/2017 2/2/2018 0.6737 3,402,887 3133EEN71 2,000,000 1/22/2017 3/22/2018 0.7840 2,002,592 3133EERJ1 3,500,000 1/2/2017 3/2/2017 0.6237 3,501,337 3133EEV80 2,900,000 1/3/2017 3/9/2018 0.7700 2,897,921 3133EFCU9 2,000,000 1/3/2017 3/9/2017 0.7500 1,999,890 3133EFDD6 14,000,000 1/15/2017 6/15/2017 0.6989 14,012,012 3133EFE29 3,000,000 1/23/2017 2/23/2018 0.9050 3,008,079 3133EFFV4 10,000,000 1/3/2017 5/30/2017 0.9000 10,010,760 3133EFQR1 4,000,000 1/3/2017 6/27/2017 0.7900 4,000,628 3133EGAL9 4,000,000 1/3/2017 5/17/2018 0.8800 4,000,544 3133EGH57 2,000,000 2/14/2017 11/14/2018 0.7521 2,000,428 3133EGQD0 4,700,000 1/3/2017 8/10/2018 0.9000 4,701,123 3133EGRH0 5,000,000 2/15/2017 8/15/2017 0.6757 5,004,005 3133EGZZ1 3,000,000 1/27/2017 8/27/2018 0.7861 3,000,984 3130A6BA4 5,000,000 2/17/2017 2/17/2017 0.7710 5,000,840 3130A96L0 5,000,000 2/23/2017 2/23/2018 0.7700 5,006,825 3130A9TA9 4,000,000 1/20/2017 4/20/2018 0.6160 3,998,256 313385AF3 11,640,000 1/6/2017 1/6/2017 0.3900 11,639,628 313385AJ5 12,335,000 1/9/2017 1/9/2017 0.3900 12,334,223 313385AL0 7,000,000 1/11/2017 1/11/2017 0.3900 6,999,412 313385AM8 2,800,000 1/12/2017 1/12/2017 0.3900 2,799,734 313385AN6 3,294,000 1/13/2017 1/13/2017 0.3900 3,293,651 313385AS5 3,600,000 1/17/2017 1/17/2017 0.3900 3,599,467 313385AT3 7,200,000 1/18/2017 1/18/2017 0.3900 7,198,862 313385AV8 12,850,000 1/20/2017 1/20/2017 0.3900 12,847,700 313385BA3 11,950,000 1/25/2017 1/25/2017 0.3900 11,947,228 313385BC9 19,550,000 1/27/2017 1/27/2017 0.3900 19,545,054 313385BF2 4,000,000 1/30/2017 1/30/2017 0.3900 3,998,860 313385BH8 9,785,000 2/1/2017 2/1/2017 0.5100 9,781,057 313385BK1 11,902,000 2/3/2017 2/3/2017 0.5100 11,896,870 313385BN5 6,010,000 2/6/2017 2/6/2017 0.5100 6,007,163 313385BQ8 16,000,000 2/8/2017 2/8/2017 0.5100 15,992,000 Page 2 of 5

Maturity 313385BS4 4,000,000 2/10/2017 2/10/2017 0.5100 3,997,888 313385BV7 2,960,000 2/13/2017 2/13/2017 0.5100 2,958,316 313385BW5 7,000,000 2/14/2017 2/14/2017 0.5100 6,995,919 313385BZ8 11,075,000 2/17/2017 2/17/2017 0.5100 11,068,078 313385CD6 7,870,000 2/21/2017 2/21/2017 0.5100 7,864,641 313385CE4 5,000,000 2/22/2017 2/22/2017 0.5100 4,996,530 313385CG9 3,880,000 2/24/2017 2/24/2017 0.5100 3,877,199 313385CK0 11,955,000 2/27/2017 2/27/2017 0.5100 11,945,866 313385CP9 3,450,000 3/3/2017 3/3/2017 0.5300 3,447,061 313385CS3 10,000,000 3/6/2017 3/6/2017 0.5300 9,991,040 313385CU8 8,185,000 3/8/2017 3/8/2017 0.5300 8,177,437 313385CW4 12,860,000 3/10/2017 3/10/2017 0.5300 12,847,744 313385DC7 4,000,000 3/16/2017 3/16/2017 0.5300 3,995,840 313385DD5 4,752,000 3/17/2017 3/17/2017 0.5300 4,746,991 313385DJ2 3,625,000 3/22/2017 3/22/2017 0.5300 3,620,915 313385DL7 2,980,000 3/24/2017 3/24/2017 0.5300 2,976,555 313385DP8 615,000 3/27/2017 3/27/2017 0.5900 614,263 313385DQ6 6,250,000 3/28/2017 3/28/2017 0.5300 6,242,419 313385DR4 8,800,000 3/29/2017 3/29/2017 0.5300 8,789,194 313385DT0 1,700,000 3/31/2017 3/31/2017 0.5300 1,697,863 313385DX1 6,950,000 4/4/2017 4/4/2017 0.5600 6,940,340 313385DZ6 2,000,000 4/6/2017 4/6/2017 0.5600 1,997,158 313385ED4 4,150,000 4/10/2017 4/10/2017 0.5600 4,143,850 313385EG7 3,400,000 4/13/2017 4/13/2017 0.5600 3,394,805 313385EQ5 2,000,000 4/21/2017 4/21/2017 0.5600 1,996,700 313385ET9 195,000 4/24/2017 4/24/2017 0.5600 194,669 313385EV4 300,000 4/26/2017 4/26/2017 0.5600 299,482 313385FU5 300,000 5/19/2017 5/19/2017 0.5600 299,377 313397AC5 2,000,000 1/3/2017 1/3/2017 0.2700 2,000,000 313397AD3 11,074,000 1/4/2017 1/4/2017 0.3900 11,073,878 313397AK7 12,000,000 1/10/2017 1/10/2017 0.3900 11,999,112 313397AS0 6,020,000 1/17/2017 1/17/2017 0.3900 6,019,109 313397AT8 5,150,000 1/18/2017 1/18/2017 0.3900 5,149,186 313397AU5 4,201,000 1/19/2017 1/19/2017 0.3900 4,200,290 Page 3 of 5

Maturity 313397AY7 14,820,000 1/23/2017 1/23/2017 0.3900 14,816,873 313397BF7 3,000,000 1/30/2017 1/30/2017 0.3900 2,999,145 313397BK6 1,582,000 2/3/2017 2/3/2017 0.5100 1,581,318 313397BN0 3,145,000 2/6/2017 2/6/2017 0.5100 3,143,516 313397BP5 13,450,000 2/7/2017 2/7/2017 0.5100 13,443,463 313397BS9 5,000,000 2/10/2017 2/10/2017 0.5100 4,997,360 313397BW0 5,000,000 2/14/2017 2/14/2017 0.5100 4,997,085 313397CF6 5,000,000 2/23/2017 2/23/2017 0.5100 4,996,460 313397CN9 6,750,000 3/2/2017 3/2/2017 0.5300 6,744,344 313397CW9 810,000 3/10/2017 3/10/2017 0.5300 809,228 313397DH1 3,000,000 3/21/2017 3/21/2017 0.5300 2,996,664 313397DP3 2,855,000 3/27/2017 3/27/2017 0.5300 2,851,577 313397DZ1 4,500,000 4/6/2017 4/6/2017 0.5600 4,493,606 313397EQ0 2,845,000 4/21/2017 4/21/2017 0.5600 2,840,306 313397EU1 3,000,000 4/25/2017 4/25/2017 0.5600 2,994,867 313397FQ9 1,000,000 5/15/2017 5/15/2017 0.6200 997,983 313397GH8 2,000,000 6/1/2017 6/1/2017 0.6300 1,995,364 313397KV2 500,000 8/24/2017 8/24/2017 0.6300 497,994 3134G5Z32 7,750,000 1/13/2017 1/13/2017 0.6850 7,750,442 3134G75N7 3,000,000 1/27/2017 4/27/2017 0.7961 3,001,707 3134G8HY8 7,000,000 1/21/2017 7/21/2017 0.8740 7,011,914 3134G9KL0 4,700,000 2/13/2017 11/13/2017 0.7921 4,708,493 3137EADT3 6,500,000 2/22/2017 2/22/2017 0.8750 6,502,912 313589AC7 3,600,000 1/3/2017 1/3/2017 0.2900 3,600,000 313589AE3 864,000 1/5/2017 1/5/2017 0.3900 863,982 313589AL7 3,150,000 1/11/2017 1/11/2017 0.3900 3,149,735 313589AS2 5,090,000 1/17/2017 1/17/2017 0.3900 5,089,247 313589BH5 3,000,000 2/1/2017 2/1/2017 0.5100 2,998,791 313589BQ5 8,000,000 2/8/2017 2/8/2017 0.5100 7,996,000 313589BX0 7,655,000 2/15/2017 2/15/2017 0.5100 7,650,430 313589CM3 10,100,000 3/1/2017 3/1/2017 0.5300 10,091,688 313589CP6 390,000 3/3/2017 3/3/2017 0.5300 389,668 313589CU5 5,800,000 3/8/2017 3/8/2017 0.5300 5,794,641 313589CZ4 5,000,000 3/13/2017 3/13/2017 0.5300 4,995,015 Page 4 of 5

Tennessee Valley Authority Maturity 313589DJ9 3,000,000 3/22/2017 3/22/2017 0.5300 2,996,619 313589DW0 11,309,000 4/3/2017 4/3/2017 0.5600 11,293,450 313589EL3 5,050,000 4/17/2017 4/17/2017 0.5600 5,041,976 313589EM1 1,520,000 4/18/2017 4/18/2017 0.5600 1,517,562 313589EN9 4,660,000 4/19/2017 4/19/2017 0.5600 4,652,455 3135G0B44 2,000,000 1/26/2017 1/26/2017 0.7711 2,000,170 3135G0F24 5,000,000 1/16/2017 8/16/2017 0.7173 5,004,035 3135G0F57 7,000,000 1/5/2017 10/5/2017 0.6445 7,001,036 3135G0F81 4,044,000 1/20/2017 7/20/2017 0.7590 4,045,953 3135G0VM2 3,500,000 3/14/2017 3/14/2017 0.7500 3,500,620 880590AC8 1,000,000 1/3/2017 1/3/2017 0.4700 1,000,000 U.S. Treasury Bill U.S. Treasury 912796HV4 11,460,000 1/5/2017 1/5/2017 0.3700 11,459,771 U.S. Treasury Bill U.S. Treasury 912796JA8 14,000,000 2/2/2017 2/2/2017 0.4300 13,995,072 U.S. Treasury Bill U.S. Treasury 912796JE0 1,475,000 3/2/2017 3/2/2017 0.4900 1,473,850 U.S. Treasury Bill U.S. Treasury 912796JJ9 5,000,000 3/30/2017 3/30/2017 0.5100 4,994,040 U.S. Treasury Bill U.S. Treasury 912796JP5 415,000 4/27/2017 4/27/2017 0.5600 414,280 U.S. Treasury Bill U.S. Treasury 912796KC2 12,660,000 1/12/2017 1/12/2017 0.4000 12,658,734 U.S. Treasury Bill U.S. Treasury 912796KD0 12,600,000 1/19/2017 1/19/2017 0.4200 12,597,682 U.S. Treasury Bill U.S. Treasury 912796KE8 5,000,000 1/26/2017 1/26/2017 0.4300 4,998,655 U.S. Treasury Bill U.S. Treasury 912796KG3 15,920,000 2/9/2017 2/9/2017 0.4500 15,912,677 U.S. Treasury Bill U.S. Treasury 912796KH1 14,025,000 2/16/2017 2/16/2017 0.4500 14,017,455 U.S. Treasury Bill U.S. Treasury 912796KJ7 5,000,000 2/23/2017 2/23/2017 0.4800 4,996,665 U.S. Treasury Bill U.S. Treasury 912796KM0 7,060,000 3/9/2017 3/9/2017 0.4900 7,053,886 U.S. Treasury Bill U.S. Treasury 912796KN8 6,000,000 3/16/2017 3/16/2017 0.5100 5,994,000 U.S. Treasury Bill U.S. Treasury 912796KP3 6,955,000 3/23/2017 3/23/2017 0.5100 6,947,370 U.S. Treasury Bill U.S. Treasury 912796KQ1 5,000,000 4/6/2017 4/6/2017 0.5300 4,993,195 U.S. Treasury Bill U.S. Treasury 912796KS7 6,000,000 4/13/2017 4/13/2017 0.5500 5,990,982 U.S. Treasury Bill U.S. Treasury 912796KT5 10,000,000 4/20/2017 4/20/2017 0.5500 9,983,910 U.S. Treasury Bill U.S. Treasury 912796KU2 1,300,000 5/4/2017 5/4/2017 0.6000 1,297,422 U.S. Treasury Note U.S. Treasury 912828B74 8,655,000 2/15/2017 2/15/2017 0.6250 8,657,060 U.S. Treasury Note U.S. Treasury 912828C32 7,015,000 3/15/2017 3/15/2017 0.7500 7,018,970 U.S. Treasury Note U.S. Treasury 912828H78 11,310,000 1/31/2017 1/31/2017 0.5000 11,311,289 U.S. Treasury Note U.S. Treasury 912828J35 10,185,000 2/28/2017 2/28/2017 0.5000 10,185,937 U.S. Treasury Note U.S. Treasury 912828J92 8,080,000 3/31/2017 3/31/2017 0.5000 8,080,372 U.S. Treasury Note U.S. Treasury 912828SJ0 1,260,000 2/28/2017 2/28/2017 0.8750 1,260,844 U.S. Treasury Note U.S. Treasury 912828SY7 8,000,000 5/31/2017 5/31/2017 0.6250 8,000,632 U.S. Treasury Note U.S. Treasury 912828TB6 2,000,000 6/30/2017 6/30/2017 0.7500 2,001,016 U.S. Treasury Note U.S. Treasury 912828WH9 1,250,000 5/15/2017 5/15/2017 0.8750 1,251,270 Page 5 of 5