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
|$3.19B||0.51% / 0.51%||6.14%|
OUT OF 627 FUNDS
|$9.16 - $10.25|
|As of close||As of||As of|
Based on risk adjusted returns
KEVIN LORENZ, CFA Managing Director, Global Public Markets, Portfolio Management
Kevin Lorenz is managing director and portfolio manager for the TIAA-CREF organization. Mr. Lorenz, a founding member of the high-yield team, is responsible for managing the organization's high-yield portfolios. Previously, he served as a director with the private placements team, investing in both high-grade and high-yield securities. He joined the TIAA-CREF organization in 1987 as a generalist focusing on the private placement market. Mr. Lorenz holds a B.S. in accounting from Rider University and an M.B.A. in finance from Indiana University. He is a member of the New York Society of Security Analysts.
Jean Lin is a Managing Director, portfolio manager and research analyst for the TIAA-CREF organization. Ms. Lin is a co-portfolio manager for the TIAA-CREF High Yield Fund and is also a member of the high-yield team, responsible for covering the cable, telecom, paper and packaging, homebuilding and building materials sectors. She was one of the original members of the high-yield team, which TIAA formed in 1995. Since that time, Ms. Lin has been investing almost exclusively in the high-yield market.Ms. Lin joined TIAA-CREF in 1994 and has 21 years of investment experience. Ms. Lin holds a B.S. in business administration from the State University of New York at Albany and an M.B.A. in finance from New York University. She is a member of the CFA Institute and the New York Society of Securities Analysts.
The Fund’s investment philosophy is based on four key tenets:
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.