Daily price and performance

The following tables show the returns of each Investment Option over the time period(s) indicated. For purposes of this discussion, each Enrollment Option in the Enrollment Year Investment table is considered a separate Investment Option. The tables below compare the average annual total return of an Investment Option (after deducting fees and expenses) to the returns of a benchmark.

Enrollment Year Investment Option

Daily as of September 29, 2022 Performance as of August 31, 2022
Investment Option1 Unit Value Change $ Change % Year to Date 1 year 3 year 5 year 10 year Since Inception Inception Date
2038/2039 Enrollment Option $8.09 -0.14 -1.70% -15.83% -14.02% -11.97% 8/20/2021
Benchmark -15.57% -13.60% -11.47%  
2036/2037 Enrollment Option $11.44 -0.19 -1.63% -15.71% -13.90% 9.71% 5/8/2020
Benchmark -15.41% -13.45% 10.17%  
2034/2035 Enrollment Option $11.42 -0.18 -1.55% -15.21% -13.48% 9.44% 5/8/2020
Benchmark -14.85% -13.01% 9.91%  
2032/2033 Enrollment Option $11.27 -0.16 -1.40% -14.42% -12.88% 8.63% 5/8/2020
Benchmark -14.15% -12.49% 9.05%  
2030/2031 Enrollment Option $11.07 -0.14 -1.25% -13.64% -12.30% 7.58% 5/8/2020
Benchmark -13.41% -11.93% 7.97%  
2028/2029 Enrollment Option $10.86 -0.13 -1.18% -13.14% -11.95% 6.51% 5/8/2020
Benchmark -12.85% -11.54% 6.91%  
2026/2027 Enrollment Option $10.74 -0.12 -1.10% -12.32% -11.29% 5.79% 5/8/2020
Benchmark -12.10% -10.94% 6.14%  
2024/2025 Enrollment Option $10.71 -0.10 -0.93% -10.72% -9.94% 5.19% 5/8/2020
Benchmark -10.56% -9.61% 5.50%  
2022/2023 Enrollment Option $10.82 -0.07 -0.64% -7.97% -7.21% 5.02% 5/8/2020
Benchmark -7.83% -7.06% 5.09%  
In School Enrollment Option $10.26 -0.06 -0.58% -5.97% -5.46% 2.38% 5/8/2020
Benchmark -5.92% -5.45% 2.22%  

Footnotes

  1. 1Although the Plan Manager Fee and the Board Administrative Fee, if any, are deducted from an Investment Portfolio, not from your Account, each Account in the Investment Portfolio indirectly bears its pro rata share of the Plan Manager Fee and the Board Administrative Fee as these fees reduce the Investment Portfolio’s return.

Risk-based Options

Daily as of September 29, 2022 Performance as of August 31, 2022
Investment Option1 Unit Value Change $ Change % Year to Date 1 year 3 year 5 year 10 year Since Inception Inception Date
Diversified Equity Option $25.36 -0.52 -2.01% -18.80% -17.09% 6.71% 6.10% 9.11% 6.56% 7/19/2006
Benchmark -17.26% -14.67% 8.48% 7.97% 10.06% 7.41%  
Global Equity Index Option $30.55 -0.64 -2.05% -17.98% -15.86% 8.03% 7.67% 9.72% 5.82% 4/12/2001
Benchmark -17.51% -15.09% 8.58% 8.05% 10.10% 6.53%  
Balanced Option $22.10 -0.32 -1.43% -15.32% -14.44% 3.66% 4.12% 6.09% 5.52% 7/19/2006
Benchmark -14.08% -12.47% 5.10% 5.57% 6.84% 6.20%  
Fixed Income Option $15.31 -0.09 -0.58% -9.47% -9.98% -1.16% 0.82% 1.23% 2.95% 7/19/2006
Benchmark -9.43% -9.70% -0.66% 1.28% 1.72% 3.66%  
U.S. Equity Index Option $37.25 -0.81 -2.13% -16.99% -13.46% 11.59% 10.95% 12.38% 12.46% 10/1/2010
Benchmark -16.92% -13.28% 11.90% 11.29% 12.77% 12.94%  

Footnotes

  1. 1Although the Plan Manager Fee and the Board Administrative Fee, if any, are deducted from an Investment Portfolio, not from your Account, each Account in the Investment Portfolio indirectly bears its pro rata share of the Plan Manager Fee and the Board Administrative Fee as these fees reduce the Investment Portfolio’s return.

Guaranteed Option

Daily as of September 29, 2022 Performance as of August 31, 2022
Investment Option1 Unit Value Change $ Change % Year to Date 1 year 3 year 5 year 10 year Since Inception Inception Date
Guaranteed Option* $16.67 0.00 0.00% 0.73% 1.09% 1.46% 1.59% 1.43% 2.42% 4/12/2001
Benchmark 0.43% 0.44% 0.56% 1.10% 0.64% 1.28%  

Footnotes

  1. *The Guaranteed Option seeks to preserve capital and provide stable return. The assets in the portfolio are allocated to a funding agreement issued by TIAA-CREF life to the Board as the policyholder on behalf of the Plan under the agreement. This funding agreement provides for a return of principal plus a guaranteed rate of interest and allows for the possibility that additional interest may be credited as declared periodically by TIAA-CREF Life. The interest rate guarantee is made to the State of Oklahoma only, and not to account owners or beneficiaries.
  2. 1Although the Plan Manager Fee and the Board Administrative Fee, if any, are deducted from an Investment Portfolio, not from your Account, each Account in the Investment Portfolio indirectly bears its pro rata share of the Plan Manager Fee and the Board Administrative Fee as these fees reduce the Investment Portfolio’s return.
The performance data quoted represents past performance and are net of all fees and expenses. Past performance is not a guarantee of future results. Your returns and the principal value of your Account will fluctuate so your investment may be worth less than the original value when you withdraw your money. Current performance may be lower or higher than the performance quoted above. Investors cannot invest directly in a benchmark.