Fund Evaluator:
Nuveen International Res Eq Retire (TSOEX)
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Best Performing in Foreign Large Blend Over the Last Year
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Fund Details
Nuveen International Res Eq Retire Overview
Nuveen International Res Eq Retire (TSOEX) is an actively managed International Equity Foreign Large Blend fund. Nuveen launched the fund in 2015.
The investment seeks a favorable long-term total return that reflects the investment performance of the overall foreign equity markets while giving special consideration to certain environmental, social and governance ("ESG") criteria. Under normal circumstances, the fund invests at least 80% of its assets in equity securities of foreign issuers that meet the fund’s ESG criteria. The advisor attempts to achieve the return of the foreign equity markets, as represented by its benchmark index, the MSCl EAFE® (Europe, Australasia, Far East) Index (the "MSCI EAFE Index"), while taking into consideration certain ESG criteria.
About Nuveen International Res Eq Retire (TSOEX)
There are 3 members of the management team with an average tenure of 5.87 years: Philip Campagna (2015), Darren Tran (2022), Nazar Romanyak (2024). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI EAFE NR USD index with a weighting of 100%. Nuveen International Res Eq Retire has 251 securities in its portfolio. The top 10 holdings constitute 16.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is considered to have an ESG focus with its investment selection and management.
Nuveen International Res Eq Retire is part of the Equity global asset class and is within the International Equity fund group. Nuveen International Res Eq Retire has 96.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.9%. There is 96.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.8% (0.8% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Nuveen International Res Eq Retire has 0.6% of the portfolio in cash.
Assets Under Management
The fund has $738 million in total assets, which is below the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
TSOEX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Nuveen International Res Eq Retire expense ratio is average compared to funds in the Foreign Large Blend category. Nuveen International Res Eq Retire has an expense ratio of 0.45%, which is 52% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Nuveen International Res Eq Retire has a portfolio turnover rate of 21%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.
Recently, in the month of August 2026, Nuveen International Res Eq Retire returned 1.8%, which earned it a grade of C, as the Foreign Large Blend category had an average return of 2.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Nuveen International Res Eq Retire has a trailing yield of 3.67%, which is above the 2.13% category average. The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Nuveen International Res Eq Retire Grades
Year to date, the fund has returned 11.5%, 2.4 percentage points worse than the category, which translates into a grade of F. The fund has returned 18.5% over the past year (grade of F), 16.5% over the past three years (grade of D) and 8.3% per year over the past five years (grade of C) and 9.1% per year over the past 10 years (grade of C).
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TSOEX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TSOEX Return (NAV) | 1.8% | 4.1% | 18.5% | 16.5% | 8.3% | 9.1% |
| TSOEX Grade | C | B | F | D | C | C |
| +/- Category | -0.2% | 0.8% | -3.8% | -1.7% | -0.1% | -0.2% |
| Foreign Large Blend Avg | 2.0% | 3.2% | 22.3% | 18.2% | 8.5% | 9.3% |
| TSOEX Tax Cost Ratio | na | na | 1.7% | 1.2% | 1.0% | 0.8% |
TSOEX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TSOEX Return (NAV) | 11.5% | 28.3% | 2.9% | 19.0% | -15.0% | 11.7% | 9.5% | 23.0% | -13.7% | 24.2% | 0.8% |
| TSOEX Grade | F | D | D | A | B | B | C | C | B | F | C |
| +/- Category | -2.4% | -2.2% | -1.9% | 2.7% | 1.4% | 1.5% | -2.3% | 0.1% | 1.5% | -2.2% | -0.1% |
| Foreign Large Blend Avg | 13.9% | 30.5% | 4.9% | 16.2% | -16.4% | 10.2% | 11.8% | 22.9% | -15.2% | 26.4% | 1.0% |
| Risk Measures | |
| Standard Deviation: | 12.8% |
| Total Risk Index: | 1.05 - Above Average |
| Category Risk Index: | 1.02 - Above Average |
| Category Risk Grade: | D (66% Rank) |
| Beta: | 0.89 |
| R-Squared: | 88% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 3.7% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $1866 Mil |
| Fund Total Assets: | $ 739 Mil |
| Share Class Type: | Retirement |
| Portfolio Turnover: | 21% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 11.1 years | |||
| Average Tenure: 5.9 years | |||
| Managers (Year): Campagna Philip (2015), Tran Darren (2022), Romanyak Nazar (2024) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 251 |
| % in Top 10 Holdings: | 16.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 96.3% |
Portfolio Allocation |
|
| Domestic Stock: | 1.9% |
| Foreign Stock: | 96.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.8% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.4% |
| Cash: | 0.6% |
Purchase Information
| Fund Family: | Nuveen |
| Phone Number: | 800-842-2252 |
| Website: | www.tiaa.org |
| Status: | Open |
| Inception Date: | August 7, 2015 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.45% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.94% |
| Share Class: | Nuveen International Res Eq R6 |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
