TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund (TITIX)
The investment seeks current income that is exempt from regular federal income tax. The fund invests at least 80% of its assets in tax-exempt bonds, a type of municipal security, the interest on which, in the opinion of the issuer's bond counsel at the time of issuance, is exempt from federal income tax, including federal alternative minimum tax ("AMT"). It may invest up to 20% of its assets in private activity bonds. Private activity bonds are tax-exempt bonds whose proceeds are used to finance private, for-profit organizations.
Fund Info
US8863158601
886315860
Mar 30, 2006
$2,000,000
Expense Ratio
TITIX has an expense ratio of 0.30%, placing it in the medium range.
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 5-15 Year Laddered Tax-Exempt Bond Fund (TITIX) returned -0.96% year-to-date (YTD) and 1.06% over the past 12 months. Over the past 10 years, TITIX returned 1.37% annually, underperforming the S&P 500 benchmark at 10.64%.
TITIX
-0.96%
1.14%
-1.05%
1.06%
2.59%
0.55%
1.37%
^GSPC (Benchmark)
-0.67%
10.48%
-1.79%
10.08%
13.71%
14.60%
10.64%
Monthly Returns
The table below presents the monthly returns of TITIX, 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 | 0.21% | 1.09% | -1.49% | -0.34% | -0.42% | -0.96% | |||||||
| 2024 | -0.27% | -0.05% | -0.05% | -0.96% | -0.67% | 1.31% | 0.78% | 0.88% | 0.88% | -1.35% | 1.40% | -1.06% | 0.80% |
| 2023 | 2.62% | -2.12% | 2.09% | -0.19% | -0.92% | 0.84% | 0.31% | -0.92% | -2.38% | -1.06% | 5.55% | 2.40% | 6.09% |
| 2022 | -3.07% | -0.67% | -3.18% | -2.90% | 1.22% | -1.33% | 2.47% | -2.13% | -3.52% | -0.76% | 4.45% | 0.21% | -9.14% |
| 2021 | 1.11% | -2.26% | 0.91% | 0.83% | 0.54% | 0.35% | 0.90% | -0.37% | -0.91% | -0.29% | 0.73% | -0.84% | 0.64% |
| 2020 | 1.77% | 1.39% | -5.29% | -1.89% | 2.92% | 1.80% | 1.86% | -0.09% | -0.18% | -0.18% | 1.50% | 0.64% | 4.03% |
| 2019 | 1.00% | 0.61% | 1.47% | 0.22% | 1.63% | 0.50% | 0.95% | 1.50% | -0.89% | 0.11% | 0.18% | 0.11% | 7.62% |
| 2018 | -0.95% | -0.27% | 0.43% | -0.37% | 0.99% | 0.02% | 0.40% | 0.11% | -0.47% | -0.66% | 1.13% | 1.21% | 1.55% |
| 2017 | 0.68% | 0.59% | 0.28% | 0.88% | 1.35% | -0.29% | 0.76% | 0.76% | -0.29% | 0.09% | -0.76% | 0.77% | 4.91% |
| 2016 | 1.03% | 0.09% | 0.25% | 0.73% | 0.17% | 1.57% | 0.08% | 0.17% | -0.37% | -1.11% | -4.11% | -0.13% | -1.71% |
| 2015 | 2.05% | -1.01% | 0.17% | -0.37% | -0.40% | -0.30% | 0.44% | -0.02% | 0.45% | 0.43% | 0.36% | -0.85% | 0.91% |
| 2014 | 1.72% | 0.84% | -0.70% | 1.31% | 1.11% | -0.19% | 0.20% | 1.23% | -0.18% | 0.75% | 0.18% | -0.45% | 5.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TITIX is 29, indicating average performance compared to other mutual funds on our website. Here’s 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 5-15 Year Laddered Tax-Exempt Bond Fund (TITIX) 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 5-15 Year Laddered Tax-Exempt Bond Fund provided a 3.30% dividend yield over the last twelve months, with an annual payout of $0.31 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 | $0.31 | $0.31 | $0.24 | $0.23 | $0.23 | $0.25 | $0.27 | $0.27 | $0.23 | $0.31 | $0.22 | $0.23 |
Dividend yield | 3.30% | 3.15% | 2.45% | 2.40% | 2.12% | 2.26% | 2.48% | 2.58% | 2.25% | 3.01% | 2.05% | 2.15% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF 5-15 Year Laddered Tax-Exempt 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 | $0.03 | $0.05 | $0.03 | $0.00 | $0.11 | |||||||
| 2024 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2023 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 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 | $0.23 |
| 2020 | $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 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 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 | $0.27 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.10 | $0.31 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
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 5-15 Year Laddered Tax-Exempt 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 5-15 Year Laddered Tax-Exempt Bond Fund was 14.92%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund drawdown is 5.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.92% | Aug 6, 2021 | 308 | Oct 25, 2022 | — | — | — |
| -12.6% | Mar 10, 2020 | 9 | Mar 20, 2020 | 171 | Nov 20, 2020 | 180 |
| -9.45% | Jan 24, 2008 | 185 | Oct 16, 2008 | 127 | Apr 21, 2009 | 312 |
| -8.14% | Sep 1, 2010 | 96 | Jan 18, 2011 | 137 | Aug 3, 2011 | 233 |
| -7.3% | Dec 7, 2012 | 187 | Sep 5, 2013 | 279 | Oct 14, 2014 | 466 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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