Fund Openings, Closings, Manager Moves: TIAA-CREF to Launch Five Funds

TIAA-CREF, the giant teachers' pension fund manager, will nearly double its retail mutual fund lineup next month with the introduction of five stock and bond funds.

Like its six existing mutual funds, TIAA-CREF's new funds boast low annual expenses, though they're not quite as low as those of low-cost fund rival Vanguard.

The new funds will be launched on or about April 3, depending on when their paperwork is approved by the Securities and Exchange Commission. ...