TIORX: TIAA-CREF Bond Retail

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

TIORX TIAA-CREF Bond Retail

  • Fund
  • TIORX
  • Price as of: Dec 12, 2019
  • $10.82
    - $0.05 - 0.46%

Profile

TIORX - Profile

Vitals

  • YTD Return 6.1%
  • 3 Yr Annualized Return 1.3%
  • 5 Yr Annualized Return 0.2%
  • Net Assets $7.21 B
  • Holdings in Top 10 13.2%

52 WEEK LOW AND HIGH

$10.82
$10.15
$10.99

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.60%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 138.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $2,000

Fund Classification


Distributions

  • YTD Total Return 6.1%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.93%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    TIAA-CREF Bond Fund
  • Fund Family Name
    TIAA Investments
  • Inception Date
    Mar 31, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Michael Cerra

Fund Description

The fund invests at least 80% of its assets in bonds. For these purposes, bonds include fixed-income securities of all types. It primarily invests in a broad range of investment-grade bonds and fixed-income securities, including, but not limited to, U.S. government securities, corporate bonds, mortgage-backed and other asset-backed securities, senior loans and loan participations and assignments and notes. The fund may also invest in other fixed-income securities, including those of non-investment-grade quality.


Get Updates About TIORX

Sign up for Advisor Access to receive email updates about TIORX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Performance

TIORX - Performance

Return Ranking - Trailing

Period TIORX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% -0.2% 83.9% 21.63%
1 Yr 6.8% -0.2% 26.6% 26.46%
3 Yr 1.3%* -2.1% 9.4% 44.76%
5 Yr 0.2%* -14.7% 6.6% 46.57%
10 Yr 0.4%* -8.6% 8.5% 64.26%

* Annualized

Return Ranking - Calendar

Period TIORX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.6% -12.4% 0.8% 76.90%
2017 1.5% -2.8% 17.1% 33.99%
2016 0.4% -58.1% 8.6% 32.07%
2015 -2.9% -18.3% 3.0% 81.20%
2014 2.6% -60.4% 26.9% 50.89%

Total Return Ranking - Trailing

Period TIORX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% -0.2% 83.9% 22.24%
1 Yr 6.8% -5.2% 26.6% 25.63%
3 Yr 1.3%* -2.1% 9.4% 53.81%
5 Yr 0.2%* -14.7% 6.6% 58.38%
10 Yr 0.4%* -8.6% 8.5% 73.83%

* Annualized

Total Return Ranking - Calendar

Period TIORX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.6% -11.7% 6.5% 81.34%
2017 1.5% -2.7% 27.0% 44.40%
2016 0.4% -58.1% 10.7% 38.06%
2015 -2.9% -14.6% 4.2% 87.10%
2014 2.6% -60.4% 26.9% 58.26%

NAV & Total Return History


Holdings

TIORX - Holdings

Concentration Analysis

TIORX Category Low Category High TIORX % Rank
Net Assets 7.21 B 691 K 247 B 9.52%
Number of Holdings 1657 2 17572 8.02%
Net Assets in Top 10 941 M -203 M 25.7 B 11.55%
Weighting of Top 10 13.23% 2.5% 138.1% 76.30%

Top 10 Holdings

  1. United States Treasury Notes 1.75% 2.24%
  2. United States Treasury Notes 2.62% 1.70%
  3. Federal National Mortgage Association 4% 1.46%
  4. Federal National Mortgage Association 3% 1.42%
  5. Federal Home Loan Mortgage Corporation 3% 1.24%
  6. United States Treasury Bonds 3.38% 1.14%
  7. United States Treasury Bonds 3% 1.13%
  8. United States Treasury Notes 2.5% 1.06%
  9. United States Treasury Bonds 3.5% 0.97%
  10. United States Treasury Bonds 2.25% 0.85%

Asset Allocation

Weighting Return Low Return High TIORX % Rank
Bonds
95.98% 80.25% 160.29% 63.61%
Cash
1.90% -60.29% 28.73% 50.43%
Other
1.23% -36.80% 29.62% 2.60%
Convertible Bonds
0.88% 0.00% 6.26% 25.98%
Stocks
0.00% -17.64% 26.52% 61.51%
Preferred Stocks
0.00% 0.00% 8.19% 65.15%

Bond Sector Breakdown

Weighting Return Low Return High TIORX % Rank
Securitized
38.01% 0.00% 136.75% 19.67%
Corporate
36.46% 0.00% 98.80% 23.13%
Government
17.24% -86.06% 125.74% 35.10%
Municipal
5.15% 0.00% 149.42% 46.69%
Cash & Equivalents
1.90% -60.29% 28.73% 50.71%
Derivative
0.00% -25.78% 41.91% 57.98%

Bond Geographic Breakdown

Weighting Return Low Return High TIORX % Rank
US
87.57% 60.74% 157.48% 70.42%
Non US
8.41% -27.08% 24.33% 28.05%

Expenses

TIORX - Expenses

Operational Fees

TIORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.00% 209.96% 69.04%
Management Fee 0.28% 0.00% 1.25% 18.64%
12b-1 Fee 0.25% 0.00% 1.00% 47.90%
Administrative Fee N/A 0.00% 0.63% N/A

Sales Fees

TIORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

TIORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

TIORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 138.00% 0.00% 2053.00% 82.17%

Distributions

TIORX - Distributions

Dividend Yield Analysis

TIORX Category Low Category High TIORX % Rank
Dividend Yield 0.49% 0.00% 96.19% 87.03%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TIORX Category Low Category High TIORX % Rank
Net Income Ratio 2.93% 0.00% 6.30% 31.25%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

TIORX - Fund Manager Analysis

Managers

John Michael Cerra


Start Date

Tenure

Tenure Rank

Dec 31, 2003

15.93

15.9%

John is a portfolio manager for Nuveen’s global fixed income team. He is the lead portfolio manager for the Short-Term Bond and Inflation- Linked Bond strategies. He is also a member of the Investment Committee, which establishes investment policy for all global fixed income products. Since joining the firm in 1985, John has held several positions including managing the public asset-backed securities team and U.S. dollar-based derivative investment portfolio. He also served as an investment officer of the public markets structured finance team and bond group. In addition, John worked as a quantitative fixed income investment analyst. John graduated with a B.A. in Economics from Fordham University and an M.B.A. in Finance from Rutgers University’s Graduate School of Management.

Joseph Higgins


Start Date

Tenure

Tenure Rank

Aug 24, 2011

8.27

8.3%

Joseph is a portfolio manager for Nuveen’s global fixed income team. He is the lead portfolio manager responsible for the TIAA Bond strategy and a member of the Investment Committee, which establishes investment policy for all global fixed income products. Since joining the firm in 1995, he has held a variety of positions. He has managed structured credit investments and was an investment grade portfolio manager. In addition, he has served as director of private placements, international bank analyst, international investment grade portfolio manager and co-head of corporate credit research. Joseph initiated the first securitization and co-developed the first collateralized debt obligation (CDO) for TIAA. Prior to joining the firm, he was a certified public accountant with PricewaterhouseCoopers. Joseph graduated with a B.S., magna cum laude, in Accounting with a minor in Economics from The State University of New York at Albany and an M.B.A. from The Wharton School of the University of Pennsylvania with dual concentrations in Finance and Marketing. He holds the CFA designation and he is a member of the New York State Society of Securities Analysts and the CFA Institute. He was also a founding member of the User Advisory Council of the Financial Accounting Standards Board (FASB).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 33.02 7.69 7.54