CREF Variable Annuity

CREF Inflation-Linked Bond Account
Invest >

Unit Value

 

Day's Change

 

Portfolio Net Assets

 

Estimated
Expense Charge

 
Expenses are estimated each year based on projected expense and asset levels. Differences between actual expenses and the estimate are adjusted quarterly and are reflected in current investment results.

The Account’s total annual expense deduction appears in the Account's prospectus, and may be different than that shown herein due to rounding. Please refer to the prospectus for further details.
 
 

30 Day
SEC Yield

 
The 30-day SEC yield displayed is the yield of the securities within the portfolio adjusted for inflation, as measured by the Consumer Price Index (CPI). This 30-day yield, because of the adjustment, may be more volatile than 30-day SEC yields typically quoted on traditional (nominal) bond investments. The 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

$66.4021
 
0.2116 (0.32%)
 
$7.59B
 
0.44%
 
4.21%
 
OVERALL
OUT OF 186 FUNDS
 
$63.7030 - $71.1896
As of close 04/23/2014As of 03/31/2014As of 04/22/2014 
As of 03/31/2014
Based on risk adjusted returns
 
09/05/2013
 
 
 
04/26/2013

Videos

Management Team

John CerraManaging Director, Global Public Markets
Biography

John Cerra is a managing director and fixed income portfolio manager for the TIAA-CREF organization. Mr. Cerra is a member of the portfolio management team for several of the organization's fixed-income portfolios. Since joining the TIAA-CREF organization in 1985, he has held several positions including managing the public asset-backed securities team and U.S. dollar-based derivative investment portfolio. He also served as an investment officer of the public markets structured finance team and bond group. In addition, Mr. Cerra worked as a quantitative fixed-income investment analyst. Mr. Cerra holds a B.A. in economics from Fordham University and an M.B.A. in finance from Rutgers University's Graduate School of Management.

 
Stephen Liberatore, CFAManaging Director, Global Public Markets
Biography

Stephen M. Liberatore, CFA is a managing director and fixed-income portfolio manager for the TIAA-CREF organization. Mr. Liberatore is the lead portfolio manager for the organization's Socially Responsible investment (SRI) fixed income mandates and holds responsibility for investment strategy and securities selection. He joined the TIAA-CREF organization in 2004. Mr. Liberatore has 18 years of industry experience, including positions at Nationwide Mutual Insurance Co. and Protective Life Corporation, where he was responsible for portfolio management, credit research and trading for both total return and liability-driven assets. Mr. Liberatore is considered a subject matter expert on the management of total return SRI fixed-income portfolios, and he frequently presents at both SRI and fixed-income conferences. His views on developments in these areas have been featured in numerous industry publications. Mr. Liberatore holds a B.S. from the State University of New York at Buffalo and an MBA in finance and operations from Wake Forest University's Babcock Graduate School of Management. He holds the Chartered Financial Analyst designation and is a member of the CFA Society North Carolina and the CFA Institute.

Investing in this account involves risk that the market values of these bonds may be affected by changes in investors' inflation expectations or changes in "real" rates of interest (i.e., a security's return, above the inflation rate).

TC Footer Logo

Insights & Outcomes

Market Insights Articles

View all articles

C14724