Portfolio Net Assets
Gross / Net Expense Ratio
Overall Morningstar Rating
The Overall Morningstar Rating is based on risk-adjusted return, and is a weighted average of the applicable 3-, 5-, and 10-year Ratings.
52 Week Range
|$3.08B||0.38% / 0.38%||4.32%|
OUT OF 565 FUNDS
|$10.13 - $10.50|
|As of close||As of||As of|
Based on risk adjusted returns
|INVESTMENT AND BENCHMARKS||1 MONTH||3 MONTH||YTD||1 YEAR||3 YEAR||5 YEAR||10 YEAR||SINCE|
|BofA Merrill Lynch BB-B U.S. Cash Pay High Yield Constrained Index||+0.80||+2.49||+5.54||+11.32||+8.94||+12.50||--||+8.19|
|Morningstar High Yield Bond||+0.79||+2.14||+4.83||+10.62||+8.24||+12.57||--||--|
Shares held less than 60 calendar days may be subject to a 2.00% redemption fee.
The performance data quoted represents past performance, and is no guarantee of future results. Your returns and the principal value of your investment will fluctuate so that your accumulation units or shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above. Performance may reflect waivers or reimbursements of certain expenses. Absent these waivers or reimbursement arrangements, performance results would have been lower. Since Inception performance shown is cumulative for funds that have less than one year of performance history. For investments with exceptional performance, please note that performance fluctuates and currently may be lower than noted here.
The risks that the fund is subject to include market risk, company risk, interest-rate risk, credit risk, income volatility risk, illiquid security risk and foreign investment risks.
1The Merrill Lynch BB/B Cash Pay Issuer Constrained Index measures the performance of securities that pay interest in cash and have a credit rating of BB or B. Merrill Lynch uses a composite of Fitch Ratings, Moody's and Standard and Poor's credit ratings in selecting bonds for this index. These ratings measure the risk that the bond issuer will fail to pay interest or to repay principal in full. You cannot invest directly in this index.
2To see the inception date for each account/fund, refer to the Profile tab.
TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products. Investment products, insurance and annuity products: are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.