TIAA-CREF Mutual Funds

TIAA-CREF Tax-Exempt Bond Fund (Retail)

TIXRX

Daily NAV

 

Day's Change

 

Portfolio Net Assets

 

Gross / Net Expense Ratio

 

30 Day
SEC Yield

 
The fund's 30-day SEC yield is based on yield to maturity of a fund's investments over a 30-day period and not on the dividends paid by the fund, which may differ.
 
 

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

$10.70
 
0.01 (0.09%)
 
$347.48M
 
0.63% / 0.63%
 
1.35%
 
OVERALL
OUT OF 268 FUNDS
 
$10.63 - $10.97
As of close 05/28/2015As of 04/30/2015As of 05/27/2015 
As of 04/30/2015
Based on risk adjusted returns
 
07/09/2014
 
 
 
02/02/2015

Portfolio Composition

 
Portfolio Composition provides details for the investments that constitute a particular fund.
 

Maturity Allocation

As of 03/31/2015

% of
Fixed Income Investments
0 - 1 Year4.52%
1 - 3 Years7.95%
3 - 5 Years5.34%
5 - 10 Years37.52%
10+ Years44.67%

Sector Weighting

As of 03/31/2015

% of
Net Assets
Municipal Bonds102.10%
Short-Term Investments, Other Assets & Liabilities, Net-2.10%

Asset Allocation

As of 03/31/2015

% of
Net Assets
U.S. Fixed Income102.10%
Short-Term Investments, Other Assets & Liabilities, Net-2.10%

The risks that the fund is subject to include Interest Rate Risk, Credit Risk, State and Municipal Investment Risk, Market Volatility, Liquidity and Valuation Risks, Issuer Risk, Active Management Risk, Call Risk, Non-Investment-Grade Securities Risk

TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. 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.

Fund Facts

 
Option-adjusted duration estimates how much the value of a bond portfolio would be affected by a change in prevailing interest rates. It takes into account options embedded in the individual securities that might result in early repayment of principal, thereby shortening their duration. The longer a portfolio's duration, the more sensitive it is to changes in interest rates.

Average Maturity refers to the average time to maturity (the date a principal amount of a security becomes due or payable) of all the debt securities held in a portfolio. A relatively short average maturity results in smaller price fluctuations in response to changes in market rates of interest. A short average maturity subjects the owner of a debt portfolio to the risk that maturing debt will be replaced with debt carrying a lower interest rate.
 

Total Number of Holdings

139As of 04/30/2015

Option-Adjusted Duration

6.10 YearsAs of 03/31/2015

Average Maturity

12.94 YearsAs of 03/31/2015

C12280