TIAA-CREF Inflation-Linked Bond Fund (TIILX)
The investment seeks to provide inflation protection and income, primarily through investment in inflation-linked bonds. The fund invests at least 80% of its assets in fixed-income securities whose principal value increases or decreases based on changes in the Consumer Price Index for All Urban Consumers ("CPI-U"), over the life of the security. Typically, it will invest in U.S. Treasury Inflation-Indexed Securities ("TIIS"). Under most circumstances, the fund's investments in inflation-linked bonds of foreign issuers are generally less than 20% of its assets.
Fund Info
| ISIN | US87244W4823 |
|---|---|
| CUSIP | 87244W482 |
| Issuer | TIAA Investments |
| Inception Date | Sep 30, 2002 |
| Category | Inflation-Protected Bonds |
| Min. Investment | $2,000,000 |
| Asset Class | Bond |
Expense Ratio
TIILX has an expense ratio of 0.23%, which is considered low compared to other funds.
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 Inflation-Linked 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 Inflation-Linked Bond Fund had a return of 5.01% year-to-date (YTD) and 8.04% in the last 12 months. Over the past 10 years, TIAA-CREF Inflation-Linked Bond Fund had an annualized return of 2.44%, while the S&P 500 had an annualized return of 10.85%, indicating that TIAA-CREF Inflation-Linked Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.01% | 17.79% |
| 1 month | 1.51% | 0.18% |
| 6 months | 4.91% | 7.53% |
| 1 year | 8.04% | 26.42% |
| 5 years (annualized) | 3.12% | 13.48% |
| 10 years (annualized) | 2.44% | 10.85% |
Monthly Returns
The table below presents the monthly returns of TIILX, 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 | 0.48% | -0.76% | 0.69% | -0.95% | 1.35% | 0.81% | 1.54% | 0.66% | 5.01% | ||||
| 2023 | 1.44% | -1.04% | 2.59% | 0.19% | -1.02% | -0.58% | 0.48% | -0.38% | -0.89% | -0.29% | 1.96% | 1.91% | 4.35% |
| 2022 | -1.23% | 1.17% | -1.38% | -1.18% | -0.00% | -2.27% | 3.40% | -2.34% | -4.75% | 0.95% | 1.23% | -0.82% | -7.22% |
| 2021 | 0.65% | -0.73% | 0.05% | 1.23% | 0.97% | 0.00% | 2.19% | -0.08% | -0.49% | 0.73% | 0.40% | 0.25% | 5.26% |
| 2020 | 1.39% | 0.69% | -1.56% | 1.82% | 0.85% | 0.91% | 1.34% | 1.24% | -0.27% | -0.41% | 0.74% | 1.12% | 8.10% |
| 2019 | 1.27% | -0.09% | 1.44% | 0.35% | 1.06% | 0.91% | 0.09% | 1.31% | -0.71% | 0.09% | 0.09% | 0.63% | 6.60% |
| 2018 | -0.71% | -0.44% | 0.62% | -0.09% | 0.36% | 0.39% | -0.44% | 0.62% | -0.66% | -0.81% | 0.36% | 0.32% | -0.49% |
| 2017 | 0.70% | 0.17% | 0.09% | 0.35% | 0.00% | -0.78% | 0.52% | 0.70% | -0.60% | 0.17% | -0.09% | 0.50% | 1.74% |
| 2016 | 1.35% | 0.80% | 1.32% | 0.17% | -0.52% | 1.65% | 0.26% | -0.51% | 0.77% | -0.26% | -1.54% | 0.14% | 3.65% |
| 2015 | 3.35% | -1.45% | -0.43% | 0.52% | -0.95% | -0.96% | 0.44% | -0.88% | -0.35% | 0.18% | -0.18% | -0.83% | -1.61% |
| 2014 | 1.87% | 0.44% | -0.40% | 1.31% | 1.99% | 0.35% | -0.00% | 0.43% | -2.47% | 0.88% | 0.17% | -1.12% | 3.42% |
| 2013 | -0.72% | 0.08% | 0.16% | 0.81% | -4.40% | -3.52% | 0.61% | -1.30% | 1.39% | 0.44% | -1.13% | -1.36% | -8.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TIILX is 68, 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 Inflation-Linked Bond Fund (TIILX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
TIAA-CREF Inflation-Linked Bond Fund granted a 4.20% dividend yield in the last twelve months. The annual payout for that period amounted to $0.45 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.45 | $0.35 | $0.89 | $0.76 | $0.16 | $0.21 | $0.28 | $0.23 | $0.18 | $0.04 | $0.24 | $0.16 |
Dividend yield | 4.20% | 3.38% | 8.60% | 6.29% | 1.28% | 1.85% | 2.59% | 2.00% | 1.55% | 0.33% | 2.09% | 1.44% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF Inflation-Linked 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 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.24 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.35 |
| 2022 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.23 | $0.89 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.39 | $0.76 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.09 | $0.16 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.21 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.28 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2016 | $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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2014 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.01 | $0.24 |
| 2013 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.02 | $0.16 |
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 Inflation-Linked 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 Inflation-Linked Bond Fund was 14.24%, occurring on Nov 24, 2008. Recovery took 226 trading sessions.
The current TIAA-CREF Inflation-Linked Bond Fund drawdown is 0.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.24% | Mar 11, 2008 | 181 | Nov 24, 2008 | 226 | Oct 19, 2009 | 407 |
| -10.95% | Dec 11, 2012 | 184 | Sep 5, 2013 | 1442 | May 31, 2019 | 1626 |
| -9.57% | Mar 9, 2022 | 143 | Sep 30, 2022 | 485 | Sep 10, 2024 | 628 |
| -7.98% | Jun 16, 2003 | 33 | Jul 31, 2003 | 119 | Jan 21, 2004 | 152 |
| -6.4% | Mar 6, 2020 | 10 | Mar 19, 2020 | 49 | May 29, 2020 | 59 |
Volatility
Volatility Chart
The current TIAA-CREF Inflation-Linked Bond Fund volatility is 0.75%, 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.