TIAA-CREF Mutual Funds

TIAA-CREF Bond Fund (Retail)

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Daily NAV


Day's Change


Portfolio Net Assets


Gross / Net Expense Ratio

Under the Fund’s expense reimbursement arrangements, the Fund’s investment adviser, Teachers Advisors, Inc., has contractually agreed to reimburse the Fund for any Total Annual Fund Operating Expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired Fund Fees and Expenses and extraordinary expenses) that exceed: 0.70% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least July 31, 2016, unless changed with approval of the Board of Trustees.

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

0.03 (0.29%)
0.62% / 0.62%
$10.36 - $10.88
As of close 02/12/2016As of 01/31/2016As of 02/11/2016 
As of 01/31/2016
Based on risk adjusted returns

Portfolio Composition

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

Maturity Allocation

As of 12/31/2015

% of
Fixed Income Investments
0 - 1 Year5.68%
1 - 3 Years16.33%
3 - 5 Years19.75%
5 - 10 Years43.59%
10+ Years14.65%

Sector Weighting

As of 12/31/2015

% of
Net Assets
Corporate Bonds27.05%
Mortgage-Backed Securities (Includes MPT & CMOS)19.53%
U.S. Treasury Securities13.91%
Foreign Government And Corporate Bonds Denominated In U.S. Dollars12.51%
Asset-Backed Securities6.62%
Municipal Bonds1.19%
Bank Loan Obligations1.18%
U.S. Agency Securities0.55%
Short-Term Investments, Other Assets & Liabilities, Net4.88%

Asset Allocation

As of 12/31/2015

% of
Net Assets
U.S. Fixed Income82.48%
International Fixed Income12.64%
Short-Term Investments, Other Assets & Liabilities, Net4.88%
The risks that the fund is subject to include Interest Rate Risk, Prepayment Risk, Extension Risk, Issuer Risk, Income Volatility Risk, Credit Risk, Call Risk, Fixed-Income Foreign Investment Risk, Active Management Risk, Market Volatility, Liquidity and Valuation Risk, Mortgage Roll Risk, Downgrade Risk, Non-Investment-Grade Securities Risk, Derivatives 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

1,219As of 12/31/2015

Option-Adjusted Duration

5.78 YearsAs of 12/31/2015

Average Maturity

8.07 YearsAs of 12/31/2015