TIAA-CREF Short Term Bond Fund (TISIX)
The fund invests at least 80% of its assets in U.S. Treasury and agency securities and investment-grade fixed-income investments with an average maturity or average lives of less than 5 years. 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 and mortgage-backed and other asset-backed securities.
Fund Info
US8863158031
Mar 31, 2006
$2,000,000
Expense Ratio
TISIX has an expense ratio of 0.26%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
TIAA-CREF Short Term Bond Fund (TISIX) returned 2.07% year-to-date (YTD) and 6.57% over the past 12 months. Over the past 10 years, TISIX returned 2.34% annually, underperforming the S&P 500 benchmark at 10.85%.
TISIX
2.07%
0.17%
2.71%
6.57%
4.17%
2.50%
2.34%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of TISIX, 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 | 0.10% | 0.87% | 0.72% | 0.66% | -0.29% | 2.07% | |||||||
| 2024 | 0.65% | -0.16% | 0.44% | -0.36% | 0.87% | 0.67% | 1.17% | 0.88% | 0.85% | -0.42% | 0.46% | 0.18% | 5.33% |
| 2023 | 1.14% | -0.38% | 0.82% | 0.51% | -0.20% | -0.20% | 0.52% | 0.32% | -0.08% | 0.14% | 1.39% | 1.33% | 5.42% |
| 2022 | -0.55% | -0.46% | -1.00% | -0.52% | 0.13% | -0.82% | 0.74% | -0.33% | -1.23% | -0.11% | 0.95% | 0.43% | -2.76% |
| 2021 | 0.12% | -0.07% | -0.17% | 0.22% | 0.22% | 0.04% | 0.23% | 0.05% | -0.16% | -0.18% | -0.18% | 0.19% | 0.30% |
| 2020 | 0.79% | 0.78% | -2.29% | 1.17% | 0.84% | 0.72% | 0.43% | 0.35% | 0.04% | 0.03% | 0.42% | 0.34% | 3.64% |
| 2019 | 0.61% | 0.24% | 0.63% | 0.33% | 0.54% | 0.62% | 0.13% | 0.61% | 0.02% | 0.32% | 0.02% | 0.11% | 4.26% |
| 2018 | -0.10% | -0.12% | 0.20% | -0.10% | 0.30% | 0.01% | 0.19% | 0.01% | 0.10% | 0.02% | 0.23% | 0.53% | 1.26% |
| 2017 | 0.23% | 0.31% | 0.15% | 0.27% | 0.23% | -0.06% | 0.33% | 0.25% | 0.06% | 0.06% | -0.10% | 0.13% | 1.88% |
| 2016 | 0.34% | 0.14% | 0.45% | 0.34% | -0.02% | 0.56% | 0.25% | 0.07% | 0.24% | -0.05% | -0.42% | 0.16% | 2.07% |
| 2015 | 0.58% | -0.09% | 0.21% | 0.13% | 0.04% | -0.15% | 0.15% | 0.04% | 0.23% | 0.03% | -0.06% | -0.14% | 0.97% |
| 2014 | 0.40% | 0.21% | -0.08% | 0.20% | 0.31% | 0.12% | -0.18% | 0.20% | -0.18% | 0.19% | 0.20% | -0.39% | 1.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 97, TISIX is among the top 3% 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 Short Term Bond Fund (TISIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
TIAA-CREF Short Term Bond Fund provided a 4.35% dividend yield over the last twelve months, with an annual payout of $0.44 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.44 | $0.43 | $0.35 | $0.25 | $0.17 | $0.21 | $0.28 | $0.25 | $0.19 | $0.19 | $0.16 | $0.14 |
Dividend yield | 4.35% | 4.28% | 3.51% | 2.55% | 1.63% | 1.98% | 2.70% | 2.43% | 1.86% | 1.86% | 1.55% | 1.39% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF Short Term 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 | $0.04 | $0.07 | $0.04 | $0.00 | $0.15 | |||||||
| 2024 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2023 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2022 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.04 | $0.25 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.03 | $0.17 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.21 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2018 | $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 |
| 2017 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2016 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.16 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.14 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the TIAA-CREF Short Term 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 Short Term Bond Fund was 4.77%, occurring on Oct 20, 2022. Recovery took 268 trading sessions.
The current TIAA-CREF Short Term Bond Fund drawdown is 0.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.77% | Sep 16, 2021 | 277 | Oct 20, 2022 | 268 | Nov 14, 2023 | 545 |
| -4.66% | Mar 9, 2020 | 13 | Mar 25, 2020 | 67 | Jun 30, 2020 | 80 |
| -2.53% | Jan 24, 2008 | 187 | Oct 20, 2008 | 40 | Dec 16, 2008 | 227 |
| -1.96% | May 3, 2013 | 37 | Jun 25, 2013 | 152 | Jan 31, 2014 | 189 |
| -1.63% | Nov 5, 2010 | 36 | Dec 28, 2010 | 85 | Apr 29, 2011 | 121 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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