TIAA-CREF Core Impact Bond Retail
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-10.8%
1 yr return
-8.8%
3 Yr Avg Return
0.2%
5 Yr Avg Return
1.2%
Net Assets
$6.61 B
Holdings in Top 10
12.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.61%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 293.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Intermediate Core Bond
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
TSBRX - Profile
Distributions
- YTD Total Return -10.8%
- 3 Yr Annualized Total Return 0.2%
- 5 Yr Annualized Total Return 1.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.67%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameTIAA-CREF Core Impact Bond Fund
-
Fund Family NameTIAA Investments
-
Inception DateSep 21, 2012
-
Shares OutstandingN/A
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJoseph Higgins
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, taxable municipal securities and mortgage-backed or other asset-backed securities.
TSBRX - Performance
Return Ranking - Trailing
Period | TSBRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -10.8% | -83.6% | -0.6% | 62.22% |
1 Yr | -8.8% | -21.0% | 15.0% | 60.24% |
3 Yr | 0.2%* | -3.0% | 10.6% | 74.74% |
5 Yr | 1.2%* | -0.9% | 6.3% | 64.02% |
10 Yr | N/A* | -0.3% | 7.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | TSBRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2021 | -2.7% | -82.5% | 1360.6% | 23.28% |
2020 | 2.7% | -20.8% | 1027.9% | 71.43% |
2019 | 4.9% | -11.1% | 23.0% | 70.18% |
2018 | -2.5% | -11.4% | 6.8% | 17.64% |
2017 | 2.1% | -49.5% | 15.0% | 18.34% |
Total Return Ranking - Trailing
Period | TSBRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -10.8% | -83.6% | -0.6% | 61.40% |
1 Yr | -8.8% | -21.0% | 11.5% | 50.51% |
3 Yr | 0.2%* | -3.0% | 8.7% | 66.89% |
5 Yr | 1.2%* | -1.1% | 5.3% | 57.71% |
10 Yr | N/A* | -0.3% | 6.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | TSBRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2021 | -2.7% | -82.5% | 93.6% | 23.38% |
2020 | 2.7% | -20.8% | 1027.9% | 71.43% |
2019 | 4.9% | -11.1% | 23.0% | 72.34% |
2018 | -2.5% | -11.4% | 6.8% | 33.30% |
2017 | 2.1% | -49.5% | 15.0% | 37.51% |
NAV & Total Return History
TSBRX - Holdings
Concentration Analysis
TSBRX | Category Low | Category High | TSBRX % Rank | |
---|---|---|---|---|
Net Assets | 6.61 B | 1.19 M | 287 B | 19.93% |
Number of Holdings | 1125 | 1 | 17252 | 31.75% |
Net Assets in Top 10 | 890 M | -68.2 M | 39.1 B | 27.73% |
Weighting of Top 10 | 12.87% | 4.0% | 100.0% | 90.75% |
Top 10 Holdings
- United States Treasury Notes 0.88% 3.15%
- United States Treasury Bonds 2% 3.06%
- United States Treasury Notes 0.62% 3.00%
- United States Treasury Notes 0.62% 2.70%
- United States Treasury Notes 1.25% 2.66%
- United States Treasury Bonds 1.88% 2.65%
- Federal National Mortgage Association 2.5% 2.63%
- United States Treasury Notes 1.875% 2.52%
- United States Treasury Bonds 1.25% 2.50%
- United States Treasury Notes 1.875% 2.48%
Asset Allocation
Weighting | Return Low | Return High | TSBRX % Rank | |
---|---|---|---|---|
Bonds | 95.54% | 0.00% | 268.18% | 43.58% |
Cash | 12.21% | -181.13% | 100.00% | 10.55% |
Convertible Bonds | 3.61% | 0.00% | 10.28% | 6.71% |
Preferred Stocks | 0.72% | 0.00% | 77.13% | 8.86% |
Stocks | 0.00% | -1.15% | 24.74% | 69.34% |
Other | -12.08% | -15.83% | 24.59% | 98.66% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TSBRX % Rank | |
---|---|---|---|---|
Corporate | 38.08% | 0.00% | 100.00% | 27.28% |
Securitized | 24.21% | 0.00% | 98.63% | 69.14% |
Government | 20.50% | 0.00% | 82.21% | 59.48% |
Cash & Equivalents | 10.89% | 0.00% | 100.00% | 15.92% |
Municipal | 6.32% | 0.00% | 100.00% | 7.16% |
Derivative | 0.00% | 0.00% | 26.37% | 70.75% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TSBRX % Rank | |
---|---|---|---|---|
US | 77.67% | 0.00% | 210.09% | 81.13% |
Non US | 17.87% | -6.54% | 63.02% | 9.39% |
TSBRX - Expenses
Operational Fees
TSBRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.61% | 0.01% | 2.93% | 46.30% |
Management Fee | 0.33% | 0.00% | 1.76% | 38.63% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 42.03% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
TSBRX 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
TSBRX 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.
TSBRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 293.00% | 2.00% | 493.39% | 83.35% |
TSBRX - Distributions
Dividend Yield Analysis
TSBRX | Category Low | Category High | TSBRX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.66% | 0.00% | 6.80% | 62.52% |
Dividend Distribution Analysis
TSBRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
TSBRX | Category Low | Category High | TSBRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.67% | -1.28% | 8.97% | 53.93% |
Capital Gain Distribution Analysis
TSBRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount | Type |
---|---|---|
Apr 29, 2022 | $0.016 | DailyAccrualFund |
Mar 31, 2022 | $0.015 | DailyAccrualFund |
Feb 28, 2022 | $0.014 | DailyAccrualFund |
Jan 31, 2022 | $0.014 | DailyAccrualFund |
Nov 30, 2021 | $0.012 | DailyAccrualFund |
Oct 29, 2021 | $0.012 | DailyAccrualFund |
Sep 30, 2021 | $0.012 | DailyAccrualFund |
Aug 31, 2021 | $0.012 | DailyAccrualFund |
Jul 30, 2021 | $0.013 | DailyAccrualFund |
Jun 30, 2021 | $0.012 | DailyAccrualFund |
May 28, 2021 | $0.012 | DailyAccrualFund |
Apr 30, 2021 | $0.013 | DailyAccrualFund |
Mar 31, 2021 | $0.013 | DailyAccrualFund |
Feb 26, 2021 | $0.012 | DailyAccrualFund |
Jan 29, 2021 | $0.012 | DailyAccrualFund |
Nov 30, 2020 | $0.014 | DailyAccrualFund |
Oct 30, 2020 | $0.014 | DailyAccrualFund |
Sep 30, 2020 | $0.014 | DailyAccrualFund |
Aug 31, 2020 | $0.016 | DailyAccrualFund |
Jul 31, 2020 | $0.016 | DailyAccrualFund |
Jun 30, 2020 | $0.016 | DailyAccrualFund |
May 29, 2020 | $0.019 | DailyAccrualFund |
Apr 30, 2020 | $0.020 | DailyAccrualFund |
Mar 31, 2020 | $0.020 | DailyAccrualFund |
Feb 28, 2020 | $0.021 | DailyAccrualFund |
Jan 31, 2020 | $0.021 | DailyAccrualFund |
Dec 31, 2019 | $0.021 | DailyAccrualFund |
Nov 29, 2019 | $0.022 | DailyAccrualFund |
Oct 31, 2019 | $0.021 | DailyAccrualFund |
Sep 30, 2019 | $0.024 | DailyAccrualFund |
Aug 30, 2019 | $0.020 | DailyAccrualFund |
Jul 31, 2019 | $0.017 | DailyAccrualFund |
Jun 28, 2019 | $0.022 | DailyAccrualFund |
May 31, 2019 | $0.021 | DailyAccrualFund |
Apr 30, 2019 | $0.023 | DailyAccrualFund |
Mar 29, 2019 | $0.026 | DailyAccrualFund |
Feb 28, 2019 | $0.024 | DailyAccrualFund |
Jan 31, 2019 | $0.024 | DailyAccrualFund |
Dec 31, 2018 | $0.024 | DailyAccrualFund |
Nov 30, 2018 | $0.023 | DailyAccrualFund |
Oct 31, 2018 | $0.023 | DailyAccrualFund |
Aug 31, 2018 | $0.001 | DailyAccrualFund |
Jul 31, 2018 | $0.020 | DailyAccrualFund |
Jun 29, 2018 | $0.022 | DailyAccrualFund |
May 31, 2018 | $0.021 | DailyAccrualFund |
Apr 30, 2018 | $0.022 | DailyAccrualFund |
Mar 29, 2018 | $0.021 | DailyAccrualFund |
Feb 28, 2018 | $0.021 | DailyAccrualFund |
Jan 31, 2018 | $0.020 | DailyAccrualFund |
Dec 29, 2017 | $0.020 | DailyAccrualFund |
Nov 30, 2017 | $0.020 | DailyAccrualFund |
Oct 31, 2017 | $0.019 | DailyAccrualFund |
Sep 29, 2017 | $0.021 | DailyAccrualFund |
Aug 31, 2017 | $0.020 | DailyAccrualFund |
Jul 31, 2017 | $0.021 | DailyAccrualFund |
Jun 30, 2017 | $0.019 | DailyAccrualFund |
May 31, 2017 | $0.018 | DailyAccrualFund |
Apr 28, 2017 | $0.013 | DailyAccrualFund |
Mar 31, 2017 | $0.017 | DailyAccrualFund |
Feb 28, 2017 | $0.019 | DailyAccrualFund |
Jan 31, 2017 | $0.018 | DailyAccrualFund |
Dec 30, 2016 | $0.018 | DailyAccrualFund |
Nov 30, 2016 | $0.018 | DailyAccrualFund |
Oct 31, 2016 | $0.018 | DailyAccrualFund |
Sep 30, 2016 | $0.018 | DailyAccrualFund |
Aug 31, 2016 | $0.019 | DailyAccrualFund |
Jul 29, 2016 | $0.019 | DailyAccrualFund |
Jun 30, 2016 | $0.019 | DailyAccrualFund |
May 31, 2016 | $0.019 | DailyAccrualFund |
Apr 29, 2016 | $0.020 | DailyAccrualFund |
Mar 31, 2016 | $0.019 | DailyAccrualFund |
Feb 29, 2016 | $0.021 | DailyAccrualFund |
Jan 29, 2016 | $0.020 | DailyAccrualFund |
Dec 31, 2015 | $0.020 | DailyAccrualFund |
Nov 30, 2015 | $0.015 | DailyAccrualFund |
Oct 30, 2015 | $0.013 | DailyAccrualFund |
Sep 30, 2015 | $0.014 | DailyAccrualFund |
Aug 31, 2015 | $0.015 | DailyAccrualFund |
Jul 31, 2015 | $0.017 | DailyAccrualFund |
Jun 30, 2015 | $0.017 | DailyAccrualFund |
May 29, 2015 | $0.016 | DailyAccrualFund |
Apr 30, 2015 | $0.017 | DailyAccrualFund |
Mar 31, 2015 | $0.015 | DailyAccrualFund |
Feb 27, 2015 | $0.016 | DailyAccrualFund |
Jan 30, 2015 | $0.016 | DailyAccrualFund |
Dec 31, 2014 | $0.016 | DailyAccrualFund |
Nov 28, 2014 | $0.016 | DailyAccrualFund |
Oct 31, 2014 | $0.016 | DailyAccrualFund |
Sep 30, 2014 | $0.016 | DailyAccrualFund |
Aug 29, 2014 | $0.014 | DailyAccrualFund |
Jul 31, 2014 | $0.014 | DailyAccrualFund |
Jun 30, 2014 | $0.014 | DailyAccrualFund |
May 30, 2014 | $0.014 | DailyAccrualFund |
Apr 30, 2014 | $0.015 | DailyAccrualFund |
Mar 31, 2014 | $0.014 | DailyAccrualFund |
Feb 28, 2014 | $0.015 | DailyAccrualFund |
Jan 31, 2014 | $0.014 | DailyAccrualFund |
Dec 31, 2013 | $0.013 | DailyAccrualFund |
Nov 29, 2013 | $0.013 | DailyAccrualFund |
Oct 31, 2013 | $0.012 | DailyAccrualFund |
Sep 30, 2013 | $0.012 | DailyAccrualFund |
Aug 30, 2013 | $0.011 | DailyAccrualFund |
Jul 31, 2013 | $0.010 | DailyAccrualFund |
Jun 28, 2013 | $0.010 | DailyAccrualFund |
May 31, 2013 | $0.008 | DailyAccrualFund |
Apr 30, 2013 | $0.008 | DailyAccrualFund |
Mar 28, 2013 | $0.008 | DailyAccrualFund |
Feb 28, 2013 | $0.009 | DailyAccrualFund |
Jan 31, 2013 | $0.007 | DailyAccrualFund |
Dec 31, 2012 | $0.007 | DailyAccrualFund |
Nov 30, 2012 | $0.007 | DailyAccrualFund |
Oct 31, 2012 | $0.005 | DailyAccrualFund |
TSBRX - Fund Manager Analysis
Managers
Joseph Higgins
Start Date
Tenure
Tenure Rank
Sep 21, 2012
9.61
9.6%
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).
Stephen Liberatore
Start Date
Tenure
Tenure Rank
Sep 21, 2012
9.61
9.6%
Stephen M. Liberatore, CFA is a managing director and fixed-income portfolio manager for the TIAA-CREF Asset Management. Mr. Liberatore is the lead portfolio manager for the TIAA’s Socially Responsible Investment (SRI) fixed income mandates and holds responsibility for investment strategy and securities selection. He joined the TIAA-CREF Asset Management in 2004. Mr. Liberatore has rich industry experience, including positions at Nationwide Mutual Insurance Co. and Protective Life Corporation, where he was responsible for portfolio management, credit research and trading for both total return and liability-driven assets. Mr. Liberatore holds a B.S. from the State University of New York at Buffalo and an MBA in finance and operations from Wake Forest University’s Babcock Graduate School of Management. He also earned the Chartered Financial Analyst designation and is a member of the CFA Society North Carolina and the CFA Institute. Mr. Liberatore is considered a subject matter expert on the management of total return SRI fixed-income portfolios, and he frequently presents at both SRI and fixed-income conferences. His views on developments in these areas have been featured in numerous industry publications. Mr. Liberatore is a member of the initial executive committee of the Green Bond Principles and the CERES Green Bond Working Group.
Jessica Zarzycki
Start Date
Tenure
Tenure Rank
Aug 01, 2019
2.75
2.8%
Jessica is a portfolio manager for Nuveen’s global fixed income team. She is an integral part of the ESG/Impact fixed income strategy team and co-portfolio manager on the Core Impact Bond, Global Core Impact Bond, Green Bond and Short Duration Impact Bond strategies. She is a frequent panelist and speaker at ESG and Impact conferences and was a member of the ICMA Advisory Board (2020-21), which provides insight and guidance to the Executive Committee on issues affecting the Green, Social, and Sustainable Bond markets. Jessica joined the firm in 2008 as an agency MBS analyst before joining the International/EMD sector team as a European sovereign and agency analyst. Jessica’s analyst responsibilities included sovereigns and local markets throughout Western and Eastern Europe. Prior to Nuveen, she worked at Citi Global Wealth Management (GWM), helping to manage liquidity and risk of the GWM balance sheet. Jessica graduated with a B.S. in Business Administration with an emphasis in Finance from The Ohio State University. She holds the CFA designation and is a member of the CFA Society New York and the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 33.34 | 6.55 | 1.08 |