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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$1.00

$41 M

0.00%

0.12%

Vitals

YTD Return

0.9%

1 yr return

4.7%

3 Yr Avg Return

2.3%

5 Yr Avg Return

1.7%

Net Assets

$41 M

Holdings in Top 10

29.5%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.12%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000,000

IRA

N/A


Fund Classification

Fund Type

Money Market Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$1.00

$41 M

0.00%

0.12%

TCIXX - Profile

Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.00%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    TIAA-CREF Money Market Fund
  • Fund Family Name
    TIAA-CREF FUNDS COMPLEX
  • Inception Date
    Jul 01, 1999
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Chad Kemper

Fund Description

The Fund is a “government money market fund,” as defined in the applicable rules governing money market funds, and as such invests at least 99.5% of its total assets in cash, U.S. Government securities and/or repurchase agreements that are collateralized fully by cash or U.S. Government securities. These investments include (1) securities issued by, or whose principal and interest are guaranteed by, the U.S. Government or one of its agencies or instrumentalities and (2) repurchase agreements involving securities issued or guaranteed by the U.S. Government or one of its agencies or instrumentalities. Short-term, U.S. Government securities generally pay interest that is among the lowest for income-paying securities. Because of this, the yield on the Fund will likely be lower than the yields on funds that invest in longer-term or lower-quality securities.

Generally, the Fund seeks to maintain a share value of $1.00 per share. The Fund’s investments will be made in accordance with the applicable rules governing the quality, maturity and diversification of securities and other instruments held by money market funds. The Fund maintains a dollar-weighted average maturity of 60 days or less and a dollar-weighted average life to maturity of 120 days or less, and invests in debt obligations with a remaining maturity of 397 days or less.

Teachers Advisors, LLC (“Advisors”) limits the Fund’s investments to U.S. Government securities or securities that present minimal credit risks to the Fund and are of eligible quality.

A government money market fund is not required to impose liquidity fees or redemption gates, and the Fund does not currently intend to impose such fees and/or gates. However, the Fund’s Board of Trustees of the Trust (“Board of Trustees”) could elect to subject the Fund to such fees and/or gates in the future.

The above list of investments is not exclusive and the Fund may make other investments consistent with its investment objective and policies.

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TCIXX - Performance

Return Ranking - Trailing

Period TCIXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% 0.0% 1.8% 88.34%
1 Yr 4.7% 0.5% 5.7% 70.18%
3 Yr 2.3%* 0.7% 2.6% 50.14%
5 Yr 1.7%* 0.6% 110.5% 54.93%
10 Yr 0.8%* 0.3% 32.0% 77.00%

* Annualized

Return Ranking - Calendar

Period TCIXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% -0.1% 5.0% 80.10%
2022 0.0% 0.0% 1.2% 82.95%
2021 0.0% 0.0% 0.0% 83.06%
2020 0.0% 0.0% 0.4% 84.12%
2019 0.0% 0.0% 2.0% 84.05%

Total Return Ranking - Trailing

Period TCIXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% 0.0% 1.8% 88.34%
1 Yr 4.7% 0.5% 5.7% 70.18%
3 Yr 2.3%* 0.7% 2.6% 50.14%
5 Yr 1.7%* 0.6% 110.5% 54.93%
10 Yr 0.8%* 0.3% 32.0% 77.00%

* Annualized

Total Return Ranking - Calendar

Period TCIXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% 0.8% 5.9% 5.97%
2022 1.5% 0.0% 1.8% 15.27%
2021 0.0% 0.0% 1.9% 80.91%
2020 0.6% 0.0% 3.0% 3.24%
2019 0.9% 0.0% 3797.9% 83.44%

NAV & Total Return History


TCIXX - Holdings

Concentration Analysis

TCIXX Category Low Category High TCIXX % Rank
Net Assets 41 M 818 K 211 B 85.27%
Number of Holdings 151 1 346 10.21%
Net Assets in Top 10 439 M -343 K 163 B 81.71%
Weighting of Top 10 29.51% 22.7% 100.0% 97.80%

Top 10 Holdings

  1. United States Treasury Bills 0% 6.54%
  2. United States Treasury Bills 0% 6.16%
  3. United States Treasury Bills 0.01% 5.86%
  4. United States Treasury Bills 0% 4.74%
  5. Federal Home Loan Banks 0% 4.53%
  6. United States Treasury Bills 0% 4.48%
  7. United States Treasury Bills 0% 4.27%
  8. Federal Home Loan Banks 0.015% 4.05%
  9. United States Treasury Bills 0% 4.02%
  10. Federal Home Loan Banks 0% 3.96%

Asset Allocation

Weighting Return Low Return High TCIXX % Rank
Cash
73.01% 25.56% 100.00% 69.91%
Bonds
28.66% 0.00% 74.44% 25.36%
Stocks
0.00% 0.00% 0.00% 82.94%
Preferred Stocks
0.00% 0.00% 0.00% 82.94%
Convertible Bonds
0.00% 0.00% 21.22% 84.83%
Other
-1.67% -1.67% 0.04% 99.05%

Bond Sector Breakdown

Weighting Return Low Return High TCIXX % Rank
Cash & Equivalents
71.81% 0.00% 100.00% 70.14%
Government
28.19% 0.00% 44.01% 24.64%
Derivative
0.00% 0.00% 0.00% 82.94%
Securitized
0.00% 0.00% 1.75% 83.65%
Corporate
0.00% 0.00% 100.00% 87.44%
Municipal
0.00% 0.00% 22.71% 85.07%

Bond Geographic Breakdown

Weighting Return Low Return High TCIXX % Rank
US
28.66% 0.00% 72.86% 25.36%
Non US
0.00% 0.00% 3.41% 83.89%

TCIXX - Expenses

Operational Fees

TCIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.12% 0.08% 4.53% 97.14%
Management Fee 0.10% 0.03% 0.50% 24.41%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.55% N/A

Sales Fees

TCIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

TCIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% 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.

TCIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 485.00% N/A

TCIXX - Distributions

Dividend Yield Analysis

TCIXX Category Low Category High TCIXX % Rank
Dividend Yield 0.00% 0.00% 5.54% 74.64%

Dividend Distribution Analysis

TCIXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

TCIXX Category Low Category High TCIXX % Rank
Net Income Ratio 0.00% -1.09% 1.67% 95.84%

Capital Gain Distribution Analysis

TCIXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

TCIXX - Fund Manager Analysis

Managers

Chad Kemper


Start Date

Tenure

Tenure Rank

Aug 01, 2020

1.83

1.8%

Mr. Kemper is a co-manager on the Inflation Protected Securities product, as well as being responsible for the separately managed, government benchmarked accounts. He is also a member of the U.S. Interest Rates and Governments Sector Team, responsible for trading U.S. Treasury and agency securities. He began his career in the financial industry in 1999 when he joined the firm. He received a B.A. from the University of St. Thomas and an M.B.A. from Augsburg College.

Andrew Hurst


Start Date

Tenure

Tenure Rank

Aug 01, 2020

1.83

1.8%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 46.68 14.93 19.01