TIAA-CREF Mutual Funds

TIAA-CREF Tax-Exempt Bond Fund (Retail)

TIXRX
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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

$10.67
 
0.01 (0.09%)
 
$342.56M
 
0.63% / 0.63%
 
1.43%
 
OVERALL
OUT OF 281 FUNDS
 
$10.64 - $10.97
As of close 09/01/2015As of 08/31/2015As of 08/31/2015 
As of 07/31/2015
Based on risk adjusted returns
 
06/10/2015
 
 
 
02/02/2015

Management Team

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 20 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 is a member of the initial executive committee of the Green Bond Principles and the CERES Green Bond Working Group.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.

 
Barnet ShermanDirector, Global Public Markets
Biography

Barnet Sherman is a director and portfolio manager for the TIAA-CREF organization. Mr. Sherman manages the organization's taxable and tax-exempt municipal bond strategies. He joined the TIAA-CREF organization in 2010. With over 29 years of investment experience, Mr. Sherman has advised to and managed assets for municipal bond mutual funds in the Colonial Group and Van Kampen Funds as well as high net worth individuals as a Founding Partner of Braintree Capital. A former Aide to United States Congressman Thomas J. Downey, his first job on Wall Street was a junior stockbroker with Prudential Bache Securities. Mr. Sherman earned his undergraduate degree from Syracuse University and a MPA from Columbia University. He also holds a Series 7 license and currently serves on the board of the Southern Municipal Finance Society. Published in his field, Mr. Sherman has written for The Handbook of Municipal Bonds and the Morgan Stanley Investment Management Journal. Mr. Sherman is also on the Forbes Investment Team and is a contributing columnist for Forbes.com.

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

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