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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.40

$6.61 B

1.66%

$0.16

0.61%

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

$9.4
$9.35
$10.77

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

$9.40

$6.61 B

1.66%

$0.16

0.61%

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%
DIVIDENDS
  • Dividend Yield 1.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    TIAA-CREF Core Impact Bond Fund
  • Fund Family Name
    TIAA Investments
  • Inception Date
    Sep 21, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joseph 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

  1. United States Treasury Notes 0.88% 3.15%
  2. United States Treasury Bonds 2% 3.06%
  3. United States Treasury Notes 0.62% 3.00%
  4. United States Treasury Notes 0.62% 2.70%
  5. United States Treasury Notes 1.25% 2.66%
  6. United States Treasury Bonds 1.88% 2.65%
  7. Federal National Mortgage Association 2.5% 2.63%
  8. United States Treasury Notes 1.875% 2.52%
  9. United States Treasury Bonds 1.25% 2.50%
  10. 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

View More +

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