TIAA-CREF Bond Index Advisor
- TBIAX
- Price as of: Feb 25, 2021
-
$11.30
N/A N/A
- Primary Theme
- U.S. Intermediate-Term Bond Duration
- Fund Company
- TIAA Investments
- Share Class
TBIAX - Snapshot
Vitals
- YTD Return -3.4%
- 3 Yr Annualized Return 5.3%
- 5 Yr Annualized Return 3.7%
- Net Assets $19.3 B
- Holdings in Top 10 11.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.22%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 32.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Intermediate-Term Bond Duration
- Fund Type Open End Mutual Fund
- Investment Style Intermediate Core Bond
TBIAX - Profile
Distributions
- YTD Total Return -3.4%
- 3 Yr Annualized Total Return 5.3%
- 5 Yr Annualized Total Return 3.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.48%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameTIAA-CREF Bond Index Fund
-
Fund Family NameTIAA Investments
-
Inception DateDec 04, 2015
-
Shares OutstandingN/A
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerLijun (Kevin) Chen
Fund Description
The fund invests at least 80% of its assets in bonds within its benchmark and portfolio tracking index, the Bloomberg Barclays U.S. Aggregate Bond Index. The securities purchased by the fund will mainly be high-quality instruments rated in the top four credit categories by Moody's or S&P or deemed to be of the same quality by the advisors using its own credit quality analysis.
TBIAX - Performance
Return Ranking - Trailing
Period | TBIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.4% | -4.6% | 7.8% | 91.18% |
1 Yr | 4.5% | -6.4% | 15.5% | 75.95% |
3 Yr | 5.3%* | 0.9% | 9.4% | 60.58% |
5 Yr | 3.7%* | 1.1% | 8.8% | 79.65% |
10 Yr | 3.6%* | 1.5% | 8.3% | 72.67% |
* Annualized
Return Ranking - Calendar
Period | TBIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 4.4% | -10.1% | 946.1% | 43.47% |
2019 | 5.5% | -2.6% | 13.9% | 54.30% |
2018 | -2.7% | -10.3% | 2.7% | 22.19% |
2017 | 0.8% | -49.5% | 8.1% | 78.08% |
2016 | 0.1% | -49.3% | 192.8% | 67.83% |
Total Return Ranking - Trailing
Period | TBIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.4% | -4.6% | 7.8% | 90.62% |
1 Yr | 4.5% | -6.4% | 15.5% | 63.79% |
3 Yr | 5.3%* | 0.9% | 9.4% | 53.02% |
5 Yr | 3.7%* | 1.1% | 8.8% | 73.97% |
10 Yr | 3.6%* | 1.5% | 8.3% | 69.02% |
* Annualized
Total Return Ranking - Calendar
Period | TBIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 4.4% | -10.1% | 946.1% | 43.47% |
2019 | 5.5% | -2.6% | 13.9% | 56.83% |
2018 | -2.7% | -10.3% | 3.9% | 36.83% |
2017 | 0.8% | -6.0% | 8.4% | 85.70% |
2016 | 0.1% | -5.7% | 204.3% | 79.38% |
NAV & Total Return History
TBIAX - Holdings
Concentration Analysis
TBIAX | Category Low | Category High | TBIAX % Rank | |
---|---|---|---|---|
Net Assets | 19.3 B | 852 K | 305 B | 11.10% |
Number of Holdings | 7740 | 1 | 18501 | 1.48% |
Net Assets in Top 10 | 2.13 B | -1.14 B | 45.6 B | 17.41% |
Weighting of Top 10 | 11.12% | 3.3% | 100.0% | 93.32% |
Top 10 Holdings
- United States Treasury Notes 2.12% 1.80%
- Federal National Mortgage Association 2.5% 1.46%
- United States Treasury Notes 0.38% 1.43%
- United States Treasury Bonds 3.5% 1.27%
- United States Treasury Notes 1.75% 1.17%
- United States Treasury Notes 2.25% 0.97%
- United States Treasury Notes 1.75% 0.83%
- United States Treasury Notes 0.25% 0.75%
- Federal National Mortgage Association 2% 0.75%
- United States Treasury Notes 2.75% 0.73%
Asset Allocation
Weighting | Return Low | Return High | TBIAX % Rank | |
---|---|---|---|---|
Bonds | 98.49% | -54.98% | 286.91% | 21.94% |
Cash | 1.91% | -195.83% | 163.97% | 66.57% |
Convertible Bonds | 0.92% | 0.00% | 8.68% | 61.57% |
Stocks | 0.00% | -0.29% | 10.37% | 88.15% |
Preferred Stocks | 0.00% | 0.00% | 84.28% | 92.31% |
Other | -1.32% | -15.11% | 6.74% | 93.52% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TBIAX % Rank | |
---|---|---|---|---|
Government | 41.57% | 0.00% | 83.98% | 10.74% |
Securitized | 29.14% | 0.00% | 97.86% | 51.39% |
Corporate | 26.84% | 0.00% | 100.00% | 66.94% |
Cash & Equivalents | 1.66% | 0.00% | 56.38% | 85.93% |
Municipal | 0.78% | 0.00% | 100.00% | 36.39% |
Derivative | 0.00% | 0.00% | 23.90% | 89.17% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TBIAX % Rank | |
---|---|---|---|---|
US | 91.05% | -55.23% | 255.76% | 25.09% |
Non US | 7.44% | -92.93% | 48.76% | 61.94% |
TBIAX - Expenses
Operational Fees
TBIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.22% | 0.01% | 19.93% | 94.95% |
Management Fee | 0.10% | 0.00% | 0.85% | 6.08% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
TBIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
TBIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TBIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 32.00% | 3.00% | 484.45% | 12.38% |
TBIAX - Distributions
Dividend Yield Analysis
TBIAX | Category Low | Category High | TBIAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.56% | 85.95% |
Dividend Distribution Analysis
TBIAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
TBIAX | Category Low | Category High | TBIAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.48% | -0.39% | 11.28% | 45.51% |
Capital Gain Distribution Analysis
TBIAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Jan 31, 2019 | $0.024 |
Dec 31, 2018 | $0.026 |
Nov 30, 2018 | $0.025 |
Oct 31, 2018 | $0.023 |
Aug 31, 2018 | $0.001 |
Jun 29, 2018 | $0.022 |
May 31, 2018 | $0.022 |
Apr 30, 2018 | $0.022 |
Feb 28, 2018 | $0.020 |
Jan 31, 2018 | $0.021 |
Dec 29, 2017 | $0.021 |
Nov 30, 2017 | $0.022 |
Sep 29, 2017 | $0.021 |
Aug 31, 2017 | $0.021 |
Jul 31, 2017 | $0.021 |
May 31, 2017 | $0.021 |
Apr 28, 2017 | $0.021 |
Mar 31, 2017 | $0.021 |
Jan 31, 2017 | $0.020 |
Dec 30, 2016 | $0.020 |
Oct 31, 2016 | $0.020 |
Sep 30, 2016 | $0.019 |
Aug 31, 2016 | $0.016 |
Jul 29, 2016 | $0.031 |
Jun 30, 2016 | $0.019 |
May 31, 2016 | $0.019 |
Apr 29, 2016 | $0.020 |
Mar 31, 2016 | $0.020 |
Feb 29, 2016 | $0.020 |
Jan 29, 2016 | $0.020 |
Dec 31, 2015 | $0.017 |
TBIAX - Fund Manager Analysis
Managers
Lijun (Kevin) Chen
Start Date
Tenure
Tenure Rank
Dec 31, 2009
11.09
11.1%
TIAA—2006 to Present (quantitative portfolio management); previously, fixed-income quantitative strategies, enterprise risk management
James Tsang
Start Date
Tenure
Tenure Rank
Aug 24, 2011
9.45
9.5%
2007 to present:Teachers insurance and Annuity Association of America("TIAA") and its advisory affiliates.2002 to 2007:AIG Investments(quantitative analyst).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 32.1 | 6.93 | 1.59 |