TIAA-CREF Emerging Markets Equity Fund (TEMLX)
Under normal circumstances, the fund invests at least 80% of its assets in equity securities of emerging market issuers or in instruments with economic characteristics similar to emerging market equity securities. The fund's managers consider an "emerging market security" to be a security that is principally traded on a securities exchange of an emerging market or that is issued by an issuer that has primary operations in an emerging market.
Fund Info
| ISIN | US87245M2695 |
|---|---|
| Issuer | TIAA Investments |
| Inception Date | Aug 30, 2010 |
| Category | Emerging Markets Diversified |
| Min. Investment | $2,000,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
TEMLX features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in TIAA-CREF Emerging Markets Equity 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 Equity Fund had a return of 3.25% year-to-date (YTD) and 9.95% in the last 12 months. Over the past 10 years, TIAA-CREF Emerging Markets Equity Fund had an annualized return of 1.59%, while the S&P 500 had an annualized return of 10.88%, indicating that TIAA-CREF Emerging Markets Equity Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.25% | 18.13% |
| 1 month | -0.96% | 1.45% |
| 6 months | 3.90% | 8.81% |
| 1 year | 9.95% | 26.52% |
| 5 years (annualized) | 1.04% | 13.43% |
| 10 years (annualized) | 1.59% | 10.88% |
Monthly Returns
The table below presents the monthly returns of TEMLX, 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 | -6.01% | 3.20% | 3.61% | -0.75% | 0.75% | 1.87% | 0.86% | 0.73% | 3.25% | ||||
| 2023 | 10.35% | -7.13% | 4.98% | -2.56% | -1.32% | 6.67% | 6.50% | -8.45% | -3.46% | -3.05% | 7.95% | 4.87% | 13.98% |
| 2022 | 1.10% | -4.03% | -1.02% | -8.15% | 1.87% | -7.48% | -1.19% | 1.34% | -10.86% | -4.01% | 14.09% | -1.58% | -20.02% |
| 2021 | 1.33% | 3.35% | -2.26% | 1.52% | 0.14% | 1.28% | -9.81% | -2.41% | -6.85% | 0.60% | -5.18% | 1.13% | -16.65% |
| 2020 | -5.37% | -4.66% | -20.69% | 10.30% | 2.84% | 9.08% | 9.05% | 3.15% | -1.13% | 1.87% | 10.62% | 6.50% | 18.19% |
| 2019 | 13.10% | 0.81% | 0.36% | 2.04% | -8.09% | 5.77% | 0.09% | -3.84% | 2.05% | 5.19% | 1.38% | 8.21% | 28.64% |
| 2018 | 8.27% | -4.78% | -0.62% | -1.79% | -4.90% | -4.16% | 1.56% | -5.38% | -2.80% | -6.69% | 5.67% | -3.14% | -18.17% |
| 2017 | 8.08% | 2.77% | 4.79% | 4.38% | 1.91% | -0.18% | 6.36% | 2.86% | 1.97% | 3.45% | -0.15% | 2.19% | 45.53% |
| 2016 | -6.16% | -2.73% | 10.95% | 0.69% | -1.94% | 4.07% | 4.24% | 2.36% | 1.15% | -0.00% | -4.55% | -1.16% | 5.96% |
| 2015 | 0.70% | 2.09% | -0.29% | 5.97% | -2.49% | -2.65% | -5.64% | -10.10% | -2.18% | 6.21% | -2.54% | -1.62% | -12.87% |
| 2014 | -5.94% | 3.98% | 0.37% | -0.19% | 3.64% | 2.79% | -0.79% | 2.73% | -7.21% | -0.28% | -0.56% | -5.78% | -7.76% |
| 2013 | 1.99% | -0.62% | -0.27% | 1.34% | -2.73% | -7.53% | 1.47% | -3.00% | 6.37% | 4.59% | -0.81% | -0.46% | -0.37% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TEMLX is 6, indicating that it is in the bottom 6% 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 Equity Fund (TEMLX) 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 Equity Fund granted a 3.15% dividend yield in the last twelve months. The annual payout for that period amounted to $0.26 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.26 | $0.00 | $2.22 | $1.21 | $0.18 | $0.44 | $0.55 | $0.08 | $0.09 | $0.13 | $0.08 |
Dividend yield | 3.15% | 3.25% | 0.05% | 24.53% | 8.93% | 1.42% | 4.51% | 4.37% | 0.93% | 1.00% | 1.31% | 0.71% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF Emerging Markets Equity 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.22 | $2.22 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $1.21 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2013 | $0.08 | $0.08 |
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 Equity 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 Equity Fund was 47.40%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current TIAA-CREF Emerging Markets Equity Fund drawdown is 29.51%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.4% | Feb 18, 2021 | 425 | Oct 24, 2022 | — | — | — |
| -37.82% | Jan 29, 2018 | 541 | Mar 23, 2020 | 159 | Nov 5, 2020 | 700 |
| -35.8% | May 3, 2011 | 1187 | Jan 21, 2016 | 373 | Jul 14, 2017 | 1560 |
| -7.54% | Jan 5, 2011 | 49 | Mar 16, 2011 | 12 | Apr 1, 2011 | 61 |
| -6.63% | Nov 8, 2010 | 16 | Nov 30, 2010 | 23 | Jan 3, 2011 | 39 |
Volatility
Volatility Chart
The current TIAA-CREF Emerging Markets Equity Fund volatility is 4.54%, 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.