TIAA-CREF Core Plus Bond Fund Institutional Class (TIBFX)
The TIAA-CREF Core Plus Bond Fund (TIBFX) primarily invests at least 80% of its assets in bonds, including various fixed-income securities. Its portfolio is split into two segments: the first, which comprises at least 70% of assets, is mainly invested in a diverse range of investment-grade bonds and fixed-income securities; the second, which makes up no more than 30% of assets, is invested in fixed-income securities and bonds with added features to enhance the fund's overall return.
Fund Info
US8863155060
886315506
Mar 31, 2006
$2,000,000
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 Core Plus Bond Fund Institutional Class, 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 Plus Bond Fund Institutional Class had a return of 3.13% year-to-date (YTD) and 8.34% in the last 12 months. Over the past 10 years, TIAA-CREF Core Plus Bond Fund Institutional Class had an annualized return of 1.66%, while the S&P 500 had an annualized return of 11.16%, indicating that TIAA-CREF Core Plus Bond Fund Institutional Class did not perform as well as the benchmark.
TIBFX
3.13%
-0.37%
3.83%
8.34%
0.26%
1.66%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of TIBFX, 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 | 0.14% | -1.05% | 1.05% | -2.24% | 1.75% | 0.94% | 2.28% | 1.48% | 1.35% | -2.07% | 3.13% | ||
| 2023 | 4.06% | -2.24% | 1.92% | 0.56% | -0.97% | 0.15% | 0.25% | -0.63% | -2.32% | -1.70% | 4.59% | 3.86% | 7.44% |
| 2022 | -2.03% | -1.70% | -2.10% | -3.85% | 0.05% | -2.54% | 2.76% | -2.13% | -4.51% | -1.26% | 3.87% | -0.77% | -13.61% |
| 2021 | -0.41% | -1.06% | -0.93% | 0.92% | 0.29% | 0.83% | 0.92% | 0.02% | -0.71% | -0.08% | -0.17% | -1.27% | -1.68% |
| 2020 | 2.02% | 1.07% | -5.21% | 2.69% | 1.76% | 1.53% | 2.06% | -0.14% | -0.14% | -0.14% | 1.85% | -0.13% | 7.19% |
| 2019 | 1.59% | 0.28% | 1.66% | 0.18% | 1.44% | 1.32% | 0.36% | 2.22% | -0.30% | 0.25% | 0.07% | 0.07% | 9.50% |
| 2018 | -0.88% | -0.79% | 0.47% | -0.61% | 0.47% | -0.11% | 0.39% | 0.28% | -0.41% | -0.80% | 0.39% | 1.39% | -0.23% |
| 2017 | 0.55% | 0.83% | 0.06% | 0.92% | 0.72% | -0.04% | 0.69% | 0.85% | -0.31% | 0.16% | -0.02% | 0.26% | 4.76% |
| 2016 | 0.75% | 0.55% | 1.73% | 0.95% | 0.08% | 1.60% | 0.92% | 0.34% | 0.16% | -0.50% | -2.19% | -0.71% | 3.66% |
| 2015 | 2.02% | -0.32% | 0.41% | -0.05% | -0.14% | -1.08% | 0.71% | -0.51% | 0.26% | 0.55% | -0.40% | -1.93% | -0.53% |
| 2014 | 1.29% | 0.99% | -0.05% | 0.80% | 1.18% | 0.22% | -0.24% | 1.07% | -0.81% | 0.97% | 0.60% | -1.54% | 4.52% |
| 2013 | -0.30% | 0.43% | 0.23% | 1.34% | -1.71% | -2.21% | 0.42% | -0.65% | 1.08% | 1.37% | -0.25% | -0.72% | -1.04% |
Expense Ratio
TIBFX features an expense ratio of 0.30%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TIBFX is 33, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for TIAA-CREF Core Plus Bond Fund Institutional Class (TIBFX) 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 Plus Bond Fund Institutional Class provided a 4.55% dividend yield over the last twelve months, with an annual payout of $0.42 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 | $0.42 | $0.39 | $0.31 | $0.26 | $0.31 | $0.33 | $0.34 | $0.32 | $0.33 | $0.31 | $0.29 | $0.29 |
Dividend yield | 4.55% | 4.19% | 3.49% | 2.38% | 2.75% | 3.05% | 3.38% | 3.10% | 3.18% | 3.02% | 2.73% | 2.76% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF Core Plus Bond Fund Institutional Class. 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 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.35 | |
| 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 | $0.39 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 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 | $0.26 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.31 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 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 | $0.34 |
| 2017 | $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 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2015 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2014 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 |
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 Plus Bond Fund Institutional Class. 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 Plus Bond Fund Institutional Class was 19.55%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current TIAA-CREF Core Plus Bond Fund Institutional Class drawdown is 6.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.55% | Sep 15, 2021 | 280 | Oct 24, 2022 | — | — | — |
| -10.36% | Mar 9, 2020 | 9 | Mar 19, 2020 | 75 | Jul 7, 2020 | 84 |
| -8.48% | Jan 24, 2008 | 195 | Oct 30, 2008 | 180 | Jul 21, 2009 | 375 |
| -5.2% | May 3, 2013 | 87 | Sep 5, 2013 | 163 | Apr 30, 2014 | 250 |
| -4.39% | Sep 8, 2016 | 70 | Dec 15, 2016 | 149 | Jul 21, 2017 | 219 |
Volatility
Volatility Chart
The current TIAA-CREF Core Plus Bond Fund Institutional Class volatility is 1.42%, 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.