TIAA-CREF Emerging Markets Debt Fund (TEDNX)
The investment seeks total return. Under normal market conditions, the fund invests at least 80% of its assets in fixed-income securities of emerging market issuers or in instruments with economic characteristics similar to emerging market fixed-income securities. It primarily invests in a broad range of sovereign, quasi-sovereign and corporate fixed-income securities rated B- or better but may also invest in fixed-income securities having a lower credit rating.
Fund Info
| ISIN | US87245R5818 |
|---|---|
| Issuer | TIAA Investments |
| Inception Date | Sep 25, 2014 |
| Category | Emerging Markets Bonds |
| Min. Investment | $2,000,000 |
| Asset Class | Bond |
Expense Ratio
TEDNX features an expense ratio of 0.62%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: TEDNX vs. FDFIX, TEDNX vs. STAG, TEDNX vs. VEGBX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in TIAA-CREF Emerging Markets Debt Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
TIAA-CREF Emerging Markets Debt Fund had a return of 9.29% year-to-date (YTD) and 16.78% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.29% | 18.10% |
| 1 month | 2.07% | 1.42% |
| 6 months | 8.26% | 9.39% |
| 1 year | 16.78% | 26.58% |
| 5 years (annualized) | 2.67% | 13.42% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of TEDNX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.60% | 1.08% | 1.99% | -1.66% | 1.81% | 0.76% | 2.03% | 2.34% | 9.29% | ||||
| 2023 | 3.32% | -2.35% | 0.56% | 0.89% | -0.50% | 2.66% | 2.51% | -1.59% | -1.73% | -1.41% | 5.47% | 4.43% | 12.56% |
| 2022 | -2.16% | -4.74% | -0.82% | -4.28% | -0.82% | -6.37% | 2.06% | 0.25% | -6.36% | 0.00% | 7.77% | 0.89% | -14.41% |
| 2021 | -0.68% | -1.18% | -1.27% | 2.13% | 1.29% | 0.61% | 0.20% | 1.18% | -1.75% | -0.30% | -2.11% | 1.12% | -0.86% |
| 2020 | 1.48% | -1.56% | -18.13% | 4.52% | 7.25% | 3.87% | 3.29% | 1.33% | -1.78% | 0.63% | 4.97% | 2.63% | 6.13% |
| 2019 | 4.84% | 1.26% | 1.00% | 0.72% | 0.21% | 3.94% | 1.60% | -0.69% | 0.61% | 0.90% | -0.59% | 2.59% | 17.49% |
| 2018 | 0.98% | -1.36% | -0.27% | -1.30% | -2.12% | -1.94% | 2.88% | -3.42% | 1.96% | -2.03% | -0.55% | 1.24% | -5.95% |
| 2017 | 2.07% | 2.23% | 0.88% | 1.69% | 0.98% | 0.06% | 1.37% | 2.04% | 0.33% | 0.48% | 0.09% | 1.00% | 14.02% |
| 2016 | -0.90% | 1.81% | 4.65% | 2.57% | -0.31% | 3.86% | 2.25% | 2.20% | 0.37% | -0.30% | -4.36% | 1.70% | 14.04% |
| 2015 | 0.52% | 1.03% | -0.24% | 1.85% | -0.30% | -1.79% | -0.21% | -2.09% | -2.16% | 3.43% | -0.21% | -2.64% | -2.96% |
| 2014 | -0.70% | 1.11% | -0.50% | -2.56% | -2.66% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of TEDNX is 85, placing it in the top 15% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for TIAA-CREF Emerging Markets Debt Fund (TEDNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
TIAA-CREF Emerging Markets Debt Fund granted a 5.29% dividend yield in the last twelve months. The annual payout for that period amounted to $0.47 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.47 | $0.42 | $0.48 | $0.47 | $0.44 | $0.53 | $0.51 | $0.78 | $0.54 | $0.46 | $0.05 |
Dividend yield | 5.29% | 5.03% | 6.15% | 4.81% | 4.27% | 5.28% | 5.58% | 7.65% | 5.56% | 5.18% | 0.55% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF Emerging Markets Debt 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.24 | |||
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.42 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.16 | $0.48 |
| 2021 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.17 | $0.47 |
| 2020 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.14 | $0.44 |
| 2019 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 | $0.53 |
| 2018 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.51 |
| 2017 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.38 | $0.78 |
| 2016 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.16 | $0.54 |
| 2015 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.46 |
| 2014 | $0.05 | $0.05 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the TIAA-CREF Emerging Markets Debt 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 Emerging Markets Debt Fund was 25.66%, occurring on Oct 21, 2022. Recovery took 457 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.66% | Sep 16, 2021 | 278 | Oct 21, 2022 | 457 | Aug 19, 2024 | 735 |
| -25.06% | Feb 24, 2020 | 21 | Mar 23, 2020 | 172 | Nov 24, 2020 | 193 |
| -9.18% | Jan 29, 2018 | 211 | Nov 27, 2018 | 88 | Apr 5, 2019 | 299 |
| -9.06% | Apr 29, 2015 | 184 | Jan 20, 2016 | 58 | Apr 13, 2016 | 242 |
| -6.34% | Oct 31, 2014 | 32 | Dec 16, 2014 | 88 | Apr 24, 2015 | 120 |
Volatility
Volatility Chart
The current TIAA-CREF Emerging Markets Debt Fund volatility is 0.78%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.