TIAA-CREF International Bond Fund (TIBWX)

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TIAA-CREF International Bond Fund (TIBWX) is up 0.6% since the beginning of the year. TIBWX is currently trading at $9 per share. Investors who bought $1,000 worth of TIBWX shares 5 years ago would now be looking at an investment worth $1,054.

TIAA-CREF International Bond Fund (TIBWX) has returned 0.56% so far this year and 3.16% over the past 12 months.

Based on dividend-adjusted daily data since Jan 3, 2017, TIBWX's average daily return is +0.01%, while the average monthly return is +0.22%. At this rate, an investment would double in approximately 26.3 years.

Historically, 61% of months were positive and 39% were negative. The best month was Dec 2023 with a return of +3.2%, while the worst month was Mar 2020 at -4.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 7 months.

On a daily basis, TIBWX closed higher 41% of trading days. The best single day was Dec 6, 2019 with a return of +2.7%, while the worst single day was Dec 9, 2019 at -2.6%.

TIAA-CREF International Bond Fund has an annualized alpha of 2.23%, beta of 0.03, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 04, 2017.

• This fund participated in 17.53% of S&P 500 Index downside but only 13.91% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.03 may look defensive, but with R2 of 0.02 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.02 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

TIBWX has an expense ratio of 0.59%, placing it in the medium range.

TIBWX ranks 16 for risk / return — in the bottom 16% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for TIAA-CREF International Bond Fund (TIBWX) and compare them to S&P 500 Index.

TIAA-CREF International Bond Fund provided a 1.53% dividend yield over the last twelve months, with an annual payout of $0.14 per share.

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.

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.

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 16.47%, occurring on Oct 21, 2022. Recovery took 649 trading sessions.

The current TIAA-CREF International Bond Fund drawdown is 1.22%.

The chart below shows the rolling one-month volatility.