COLLEGE RETIREMENT
EQUITIES FUND (“CREF”)
CREF Core Bond Account
CREF Inflation-Linked Bond Account
SUPPLEMENT NO. 3
dated March 21, 2023, to the Statutory Prospectus dated
April 29, 2022, as supplemented through November 8, 2022
Effective March 21, 2023, John Cerra is no longer a portfolio manager of the CREF Core Bond Account and the CREF Inflation-Linked Bond Account. Therefore, all references to Mr. Cerra are hereby removed from the portfolio management team disclosure for these Accounts in the Statutory Prospectus.
Effective March 21, 2023, Peter Agrimson has been added to the portfolio management team of the CREF Core Bond Account and the CREF Inflation-Linked Bond Account. Consequently, the following is hereby added to the respective entries for each Account in the table of the sub-section entitled “Portfolio management teams” of the section entitled “Management of the Accounts” on page 23 of the Statutory Prospectus:
Total Experience
(since dates specified below) | |||||||
Name & Title | Portfolio Role | Experience Over Past Five Years |
At TIAA |
Total | On Team | ||
Peter Agrimson, CFA Managing Director |
Portfolio Manager | Advisors, Nuveen Asset Management and other advisory affiliates of TIAA—2008 to Present (fixed-income portfolio management) | 2014 | 2005 | 2023 |
A41380 (3/23)
COLLEGE RETIREMENT EQUITIES FUND (“CREF”)
SUPPLEMENT NO. 4
dated March 21, 2023 to the Statement of Additional Information (“SAI”) dated April 29, 2022, as supplemented through January
9, 2023
Effective March 21, 2023, John Cerra is no longer a portfolio manager of the CREF Core Bond Account and the CREF Inflation-Linked Bond Account. Therefore, all references to Mr. Cerra are hereby removed from the portfolio management team disclosure for these Accounts in the SAI.
Effective March 21, 2023, Peter Agrimson has been added to the portfolio management team of the CREF Core Bond Account and the CREF Inflation-Linked Bond Account. Accordingly, the following is hereby added to the entry for the CREF Core Bond Account in the chart appearing under the sub-section entitled “Additional information regarding portfolio managers” of the section entitled “Information about the Accounts’ portfolio management” on page 56 of the SAI:
Number of other accounts managed | Total assets in other accounts managed (millions) | ||||||||
Name of portfolio manager |
Registered investment companies |
Other pooled investment vehicles |
Other accounts |
Registered investment companies |
Other pooled investment vehicles |
Other accounts |
Dollar range of equity securities owned in Fund* | ||
Core Bond Account | |||||||||
Peter Agrimson ** | 5 | 0 | 3 | $3,665 | $0 | $13 | $0 |
* | Includes notional amounts awarded in connection with long-term compensation awards described above. | |
** | This information is as of December 31, 2022. |
Additionally, the following is hereby added to the entry for the CREF Inflation-Linked Bond Account in the chart appearing under the sub-section entitled “Additional information regarding portfolio managers” of the section entitled “Information about the Accounts’ portfolio management” on page 56 of the SAI:
Number of other accounts managed | Total assets in other accounts managed (millions) | ||||||||
Name of portfolio manager |
Registered investment companies |
Other pooled investment vehicles |
Other accounts |
Registered investment companies |
Other pooled investment vehicles |
Other accounts |
Dollar range of equity securities owned in Fund* | ||
Inflation-Linked Bond Account | |||||||||
Peter Agrimson ** | 5 | 0 | 3 | $3,665 | $0 | $13 | $0 |
* | Includes notional amounts awarded in connection with long-term compensation awards described above. | |
** | This information is as of December 31, 2022. |
A41381 (3/23)