TIAA-CREF International Bond Fund (TIBWX)
Under normal market conditions, the fund invests at least 80% of its assets in fixed-income investments of foreign issuers and derivative instruments, including those used to manage currency risk. It primarily invests in a broad range of investment-grade sovereign, quasi-sovereign and corporate fixed-income investments. The fund may also invest in other fixed-income securities, including those of non-investment-grade quality.
Fund Info
US87245P5364
Aug 4, 2016
$2,000,000
Expense Ratio
TIBWX features an expense ratio of 0.59%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in TIAA-CREF International 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 International Bond Fund had a return of 0.46% year-to-date (YTD) and 5.59% in the last 12 months.
TIBWX
0.46%
0.58%
1.47%
5.59%
0.02%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of TIBWX, 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 | 0.46% | 0.46% | |||||||||||
| 2024 | -0.24% | 0.00% | 0.95% | -1.18% | 0.48% | 0.83% | 1.65% | 0.81% | 1.15% | -0.80% | 1.38% | -0.49% | 4.60% |
| 2023 | 2.46% | -1.26% | 1.54% | 0.25% | 0.00% | 0.50% | 0.75% | -0.37% | -1.25% | -0.13% | 3.16% | 3.19% | 9.06% |
| 2022 | -1.33% | -2.18% | -1.55% | -2.49% | -0.89% | -2.83% | 2.59% | -2.07% | -3.07% | 0.38% | 2.89% | -1.24% | -11.38% |
| 2021 | -0.49% | -1.68% | -0.40% | 0.40% | 0.40% | 0.20% | 1.00% | 0.00% | -1.09% | -0.60% | 0.10% | -0.84% | -2.98% |
| 2020 | 1.81% | 0.10% | -4.82% | 1.86% | 1.22% | 0.90% | 1.39% | -0.20% | 0.20% | 0.39% | 1.27% | -0.17% | 3.84% |
| 2019 | 1.88% | 0.31% | 1.64% | 0.30% | 1.00% | 2.25% | 1.37% | 1.74% | -0.40% | -0.19% | -0.49% | 0.18% | 9.97% |
| 2018 | 0.20% | -0.30% | 0.91% | -0.50% | -0.81% | -0.10% | 0.71% | -0.61% | 0.00% | -0.31% | 0.21% | 1.00% | 0.39% |
| 2017 | -0.21% | 1.26% | 0.39% | 0.73% | 0.72% | -0.21% | 0.82% | 0.92% | -0.41% | 0.51% | 0.50% | 0.39% | 5.56% |
| 2016 | 0.20% | -1.40% | -2.43% | 0.77% | -2.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 81, TIBWX is among the top 19% of mutual funds on our website when it comes to balancing risk and reward. Below is 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 International Bond Fund (TIBWX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
TIAA-CREF International Bond Fund provided a 1.94% dividend yield over the last twelve months, with an annual payout of $0.17 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.17 | $0.17 | $0.02 | $0.92 | $0.12 | $0.18 | $0.54 | $0.38 | $0.15 | $0.18 |
Dividend yield | 1.94% | 1.95% | 0.24% | 11.89% | 1.21% | 1.81% | 5.41% | 3.93% | 1.47% | 1.92% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF International 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.37 | $0.92 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2020 | $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 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.27 | $0.54 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.27 | $0.38 |
| 2017 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.15 |
| 2016 | $0.18 | $0.18 |
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 International 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 International Bond Fund was 17.52%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current TIAA-CREF International Bond Fund drawdown is 2.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.52% | Dec 11, 2020 | 469 | Oct 21, 2022 | — | — | — |
| -7.53% | Mar 9, 2020 | 9 | Mar 19, 2020 | 97 | Aug 6, 2020 | 106 |
| -4.29% | Sep 29, 2016 | 45 | Dec 1, 2016 | 133 | Jun 14, 2017 | 178 |
| -2.01% | Apr 18, 2018 | 120 | Oct 5, 2018 | 64 | Jan 9, 2019 | 184 |
| -1.66% | Sep 5, 2019 | 49 | Nov 12, 2019 | 49 | Jan 24, 2020 | 98 |
Volatility
Volatility Chart
The current TIAA-CREF International Bond Fund volatility is 0.76%, 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.