Share Class Information
Share Class |
Up-front Sales Charge |
Commission to B/D |
12b-1 Fee1 |
CDSC2 |
|---|---|---|---|---|
| A Shares (See Below) | Yes - 3.50% up to $99,999 See breakpoints below | 3.00% | 0.25% | None |
| AR Shares (Rollovers)3 | None | 1.00% Up-front | 1.00% through year 1 then converts to A at 0.25% | 1.00% for 12 months from rollover |
| C1 Shares (Index Funds Only) | None | 0.50% | 0.50% | O.50% for 12 months |
| C Shares | None | 1.00% | 1.00% through year 5 then converts to A at 0.25% | 1.00% for 12 months |
| W Shares (For RIAs) | None | None | None | None |
| TIAA-CREF Principal Protection Option | None | None | 0.05% | None |
A Share Breakpoints
Purchase Amount |
Up-front Sales Charge |
Commission to B/D |
|---|---|---|
| $0-$99,999 | 3.50% | 3.00% |
| $100,000-$249,999 | 2.50% | 2.00% |
| $250,000 - $499,999 | 1.75% | 1.50% |
| $500,000 - $999,999 | 1.25% | 1.00% |
| $1,000,000+ | None | 1.00% |
1 12b-1 fees typically are paid at the beginning of the 13th month
2 Purchase of $1,000,000 that pay a selling institution commission of 1% have an 18 month CDSC.
3 Class AR shares are not subject to an annual account maintenance fee. AR shares are not available at all firms. For financial professional use only. Not for inspection by, distribution or quotation to, the general public.
All Investment options will offer these share class structures with the exception of TIAA-CREF Principal Protection Option.
Note that C1 does not apply to the TIAA-CREF Principal Protection Option which carries no sales load or CDSC. In addition to Program Fees, a 5 bps 12b-1 is charged on this Option and paid to Advisors.