Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week |
| -0.28% | |||
| 4 week | +1.73% |
| |||
| 3 month | +3.90% |
| |||
| YTD | +5.05% |
| |||
| 1 year | +15.25% |
| |||
| 3 years* | +12.71% |
| |||
| 5 years* | +10.38% |
| |||
| *annualized | |||||
| Best 3 month return | +17.76% | |
| Worst 3 month return | -23.52% |
Morningstar statistics
Morningstar category: High Yield Bond
| Return | Risk | Rating | |
| 3 years | High | Average |
|
| 5 years | Above Average | Below Average |
|
| 10 years | - | - | - |
| Overall | Above Average | Below Average |
|
Key statistics
| Total assets | 2.34B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.39% | |
| Management fee | - | |
| Fund family | TIAA-CREF Mutual Funds |
Asset allocation
| Cash | 4.27% | |
| Stocks | 0.00% | |
| Bonds | 86.63% | |
| Preferred | 0.35% | |
| Convertible | 0.11% | |
| Other | 8.65% |
Purchase information
| Initial | US$2,000,000 | |
| Additional | US$1,000 |
10.700.00(0.00%)
May 22, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks high current income and, when consistent with its primary objective, capital appreciation. The fund invests primarily in lower-rated, higher-yielding fixed-income securities, such as domestic and foreign corporate bonds, debentures, loan participations and assignments and notes, as well as convertible securities and preferred stocks. Under normal circumstances, it invests at least 80% of its assets in debt and other fixed-income securities rated lower than investment-grade (and their unrated equivalents) or other high-yielding debt securities.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Jean Lin (Started: Oct 1, 2011)
Kevin Lorenz (Started: Mar 31, 2006)
Jean Lin (Started: Oct 1, 2011)
Kevin Lorenz (Started: Mar 31, 2006)
TIAA-CREF Mutual Funds, c/o State Street Bank P.O. Box 8009, Boston, MA 02266-8009, United States
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 12.93 | 11.12 | 5.56 | - | |
| Beta* | -0.07 | -0.05 | 0.90 | - | |
| Mean annual return | 1.06 | 0.91 | 0.89 | - | |
| R-squared* | 0.21 | 0.03 | 7.87 | - | |
| Standard deviation | 3.16 | 6.94 | 11.36 | - | |
| Sharpe ratio | 4.02 | 1.57 | 0.91 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Spl Logistics Escrow Llc / S 144A 8.875% | 1.00% | |
| Fidelity Natl Info Svcs 5% | 0.82% | |
| Arch Coal Inc | 0.76% | |
| Lynx Ii 144A 6.375% | 0.75% | |
| Sprint Nextel 6% | 0.74% | |
| Chs / Cmnty Health Sys 8% | 0.73% | |
| Boyd Gaming 144A 9% | 0.70% | |
| Hca 7.5% | 0.69% | |
| Hca 5.875% | 0.69% | |
| Plains Expl& Prodtn 6.5% | 0.68% |