TIAA-CREF Core Bond Fund (TIBDX)
The fund invests at least 80% of its assets in bonds. For these purposes, bonds include fixed-income securities of all types. It primarily invests in a broad range of investment-grade bonds and fixed-income securities, including, but not limited to, U.S. government securities, corporate bonds, mortgage-backed and other asset-backed securities, convertible and preferred securities, senior loans and loan participations and assignments and notes. The fund may also invest in other fixed-income securities, including those of non-investment-grade quality.
Fund Info
US87244W6075
87244W607
Jul 1, 1999
$2,000,000
Expense Ratio
TIBDX features an expense ratio of 0.29%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in TIAA-CREF Core Bond 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 Core Bond Fund had a return of 1.82% year-to-date (YTD) and 1.61% in the last 12 months. Over the past 10 years, TIAA-CREF Core Bond Fund had an annualized return of 1.43%, while the S&P 500 had an annualized return of 11.21%, indicating that TIAA-CREF Core Bond Fund did not perform as well as the benchmark.
TIBDX
1.82%
-1.42%
1.35%
1.61%
-0.35%
1.43%
^GSPC (Benchmark)
26.58%
0.27%
10.12%
26.27%
13.29%
11.21%
Monthly Returns
The table below presents the monthly returns of TIBDX, 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 | 0.12% | -1.08% | 1.02% | -2.39% | 1.73% | 1.03% | 2.14% | 1.45% | 1.43% | -2.21% | 0.44% | 1.82% | |
| 2023 | 3.86% | -2.39% | 2.11% | 0.65% | -1.09% | 0.00% | 0.11% | -0.66% | -2.46% | -1.71% | 4.58% | 3.84% | 6.69% |
| 2022 | -2.09% | -1.56% | -2.36% | -3.81% | 0.22% | -2.17% | 2.61% | -2.36% | -4.34% | -1.30% | 3.85% | -0.77% | -13.49% |
| 2021 | -0.46% | -1.29% | -1.04% | 0.83% | 0.34% | 0.82% | 0.91% | -0.12% | -0.67% | -0.12% | -0.21% | -0.30% | -1.33% |
| 2020 | 2.02% | 1.34% | -4.15% | 2.62% | 1.52% | 1.41% | 1.83% | -0.45% | -0.09% | -0.27% | 1.54% | -1.34% | 5.94% |
| 2019 | 1.38% | 0.18% | 1.86% | 0.17% | 1.62% | 1.31% | 0.29% | 2.41% | -0.41% | 0.24% | 0.05% | -0.05% | 9.36% |
| 2018 | -0.82% | -0.91% | 0.45% | -0.73% | 0.46% | -0.04% | 0.17% | 0.36% | -0.44% | -0.83% | 0.49% | 1.48% | -0.38% |
| 2017 | 0.42% | 0.82% | 0.04% | 0.81% | 0.81% | 0.04% | 0.47% | 0.93% | -0.43% | 0.23% | -0.14% | 0.34% | 4.41% |
| 2016 | 1.12% | 0.73% | 1.31% | 0.82% | 0.04% | 1.85% | 0.80% | 0.04% | 0.13% | -0.71% | -2.23% | -0.64% | 3.24% |
| 2015 | 2.10% | -0.63% | 0.39% | -0.07% | -0.36% | -1.12% | 0.79% | -0.35% | 0.52% | 0.42% | -0.34% | -1.79% | -0.50% |
| 2014 | 1.29% | 0.89% | -0.09% | 0.88% | 1.16% | 0.19% | -0.29% | 0.94% | -0.76% | 0.85% | 0.66% | -0.74% | 5.05% |
| 2013 | -0.45% | 0.40% | 0.09% | 1.22% | -1.86% | -2.17% | 0.49% | -0.67% | 1.19% | 1.28% | -0.17% | -1.14% | -1.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TIBDX is 29, 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 Core Bond Fund (TIBDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
TIAA-CREF Core Bond Fund provided a 3.93% dividend yield over the last twelve months, with an annual payout of $0.35 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.35 | $0.36 | $0.27 | $0.21 | $0.27 | $0.31 | $0.32 | $0.30 | $0.29 | $0.27 | $0.24 | $0.25 |
Dividend yield | 3.93% | 3.88% | 2.99% | 2.00% | 2.43% | 2.89% | 3.15% | 2.86% | 2.86% | 2.66% | 2.32% | 2.47% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF Core Bond 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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.32 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.27 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2018 | $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 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.30 |
| 2016 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2013 | $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 |
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 Core Bond 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 Core Bond Fund was 19.54%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current TIAA-CREF Core Bond Fund drawdown is 8.52%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.54% | Dec 11, 2020 | 470 | Oct 24, 2022 | — | — | — |
| -9.99% | Mar 9, 2020 | 9 | Mar 19, 2020 | 73 | Jul 2, 2020 | 82 |
| -6.78% | Jun 16, 2003 | 230 | May 13, 2004 | 263 | May 31, 2005 | 493 |
| -6.43% | Dec 7, 2012 | 187 | Sep 5, 2013 | 238 | Aug 15, 2014 | 425 |
| -5.49% | Jan 24, 2008 | 195 | Oct 30, 2008 | 33 | Dec 17, 2008 | 228 |
Volatility
Volatility Chart
The current TIAA-CREF Core Bond Fund volatility is 1.21%, 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.