TIAA-CREF Bond Index Fund (TBIIX)
The investment seeks total return that corresponds with the total return of the Bloomberg Barclays U.S. Aggregate Bond Index. The fund invests at least 80% of its assets in bonds within its benchmark and portfolio tracking index, the Bloomberg Barclays U.S. Aggregate Bond Index. The securities purchased by the fund will mainly be high-quality instruments rated in the top four credit categories by Moody's or S&P or deemed to be of the same quality by the advisors using its own credit quality analysis.
Fund Info
US87245M8486
Sep 14, 2009
$10,000,000
Expense Ratio
TBIIX has an expense ratio of 0.07%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
TIAA-CREF Bond Index Fund (TBIIX) returned 2.08% year-to-date (YTD) and 5.81% over the past 12 months. Over the past 10 years, TBIIX returned 1.44% annually, underperforming the S&P 500 benchmark at 10.85%.
TBIIX
2.08%
-1.03%
0.39%
5.81%
1.41%
-1.04%
1.44%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of TBIIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.21% | 2.21% | 0.29% | 0.42% | -1.03% | 2.08% | |||||||
| 2024 | -0.14% | -1.40% | 0.80% | -2.46% | 1.80% | 0.92% | 2.29% | 1.43% | 1.41% | -2.55% | 1.13% | -1.66% | 1.43% |
| 2023 | 3.31% | -2.55% | 2.46% | 0.65% | -1.10% | -0.28% | -0.06% | -0.69% | -2.51% | -1.60% | 4.51% | 3.70% | 5.66% |
| 2022 | -2.08% | -1.12% | -2.80% | -3.84% | 0.59% | -1.49% | 2.43% | -2.87% | -4.28% | -1.38% | 3.70% | -0.66% | -13.23% |
| 2021 | -0.61% | -1.49% | -1.34% | 0.87% | 0.15% | 0.78% | 1.13% | -0.19% | -0.91% | -0.03% | 0.24% | -0.38% | -1.80% |
| 2020 | 2.11% | 1.71% | -0.49% | 1.60% | 0.54% | 0.62% | 1.55% | -1.01% | -0.00% | -0.51% | 1.11% | 0.07% | 7.49% |
| 2019 | 1.00% | -0.05% | 1.94% | -0.05% | 1.72% | 1.24% | 0.32% | 2.59% | -0.59% | 0.22% | -0.05% | -0.14% | 8.41% |
| 2018 | -1.18% | -0.92% | 0.50% | -0.73% | 0.61% | 0.03% | 0.04% | 0.52% | -0.53% | -0.82% | 0.63% | 1.88% | -0.02% |
| 2017 | 0.29% | 0.66% | -0.07% | 0.76% | 0.67% | 0.02% | 0.39% | 0.85% | -0.44% | 0.02% | -0.17% | 0.43% | 3.45% |
| 2016 | 1.41% | 0.75% | 0.94% | 0.37% | -0.08% | 1.83% | 0.64% | -0.17% | -0.00% | -0.81% | -2.54% | 0.10% | 2.40% |
| 2015 | 2.29% | -1.08% | 0.46% | -0.28% | -0.45% | -1.01% | 0.84% | -0.37% | 0.84% | 0.01% | -0.27% | -0.39% | 0.55% |
| 2014 | 1.51% | 0.55% | -0.29% | 0.84% | 1.21% | 0.00% | -0.28% | 1.11% | -0.64% | 1.02% | 0.64% | 0.08% | 5.90% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TBIIX is 66, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for TIAA-CREF Bond Index Fund (TBIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
TIAA-CREF Bond Index Fund provided a 3.55% dividend yield over the last twelve months, with an annual payout of $0.34 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.34 | $0.32 | $0.28 | $0.24 | $0.23 | $0.35 | $0.30 | $0.28 | $0.27 | $0.25 | $0.26 | $0.25 |
Dividend yield | 3.55% | 3.42% | 2.92% | 2.57% | 2.07% | 2.99% | 2.66% | 2.69% | 2.46% | 2.33% | 2.43% | 2.25% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF Bond Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.03 | $0.06 | $0.03 | $0.00 | $0.12 | |||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.28 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.24 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.23 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.11 | $0.35 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.30 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.28 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.27 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.26 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the TIAA-CREF Bond Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the TIAA-CREF Bond Index Fund was 18.97%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current TIAA-CREF Bond Index Fund drawdown is 7.26%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.97% | Aug 5, 2020 | 560 | Oct 24, 2022 | — | — | — |
| -6.6% | Mar 9, 2020 | 9 | Mar 19, 2020 | 49 | May 29, 2020 | 58 |
| -5.05% | May 3, 2013 | 87 | Sep 5, 2013 | 174 | May 15, 2014 | 261 |
| -4.55% | Jul 11, 2016 | 112 | Dec 15, 2016 | 178 | Aug 31, 2017 | 290 |
| -3.66% | Sep 8, 2017 | 174 | May 17, 2018 | 158 | Jan 3, 2019 | 332 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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