Asset Management

TIAA-CREF Mutual Funds

TIAA-CREF High Yield Fund (Institutional)TIHYX

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

$10.38
 
0.01 (0.10%)
 
$2.81B
 
0.38% / 0.38%
 
4.29%
 
OVERALL
OUT OF 550 FUNDS
 
$10.07 - $10.79
As of close 04/17/2014As of 03/31/2014As of 04/16/2014 
As of 03/31/2014
Based on risk adjusted returns
 
06/25/2013
 
 
 
05/08/2013

Performance Returns 
Average annual total return is a hypothetical rate of return that, if achieved annually, would have produced the same cumulative total return if performance had been constant over the entire period. Average annual total returns smooth out variation in performance; they are not the same as actual year-by-year results. Also, it is the average annual profit or loss realized by an investment at the end of a specified calendar period, stated as the percentage gained or lost per dollar invested.
 

As of 03/31/2014

  • Monthly
  • Quarterly
INVESTMENT AND BENCHMARKS1 MONTH3 MONTHYTD1 YEAR3 YEAR5 YEAR10 YEARSINCE
INCEPTION

2
TIHYX+0.23+3.02+3.02+6.78+8.61+15.57--+8.45
BofA Merrill Lynch BB-B U.S. Cash Pay High Yield Constrained Index+0.19+2.97+2.97+6.90+8.45+15.67--+8.12
Morningstar High Yield Bond+0.26+2.63+2.63+6.77+7.71+15.90----

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.

C12280