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TIAA-CREF Bond Index Retail (TBILX)

On Feb 9: 10.07 USD  Down 0.02 (0.20%)  
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Profile  As of 31-Jan-10 Get Profile for:
TIAA-CREF Bond Index Retail
Tiaa-cref Funds 730 Third Ave. New York NY 10017
Phone: 800-223-1200
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FUND OVERVIEW
Category: Intermediate-Term Bond
Fund Family: TIAA-CREF Mutual Funds
Net Assets: 1.65M
Year-to-Date Return: 1.45%
Yield: %
Morningstar Rating: N/A
Fund Inception Date: 14-Sep-09
MORNINGSTAR STYLE BOX
Intermediate-Term Bond
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MANAGEMENT INFORMATION
Elizabeth Black
Lead Manager since 14-Sep-09
Black is currently director of portfolio management with TIAA-CREF, her employer since 1987. She began her career at TIAA as a credit analyst and joined the CREF bond market group in 1989. In 1992, Black moved to the structured finance group and was responsible for investments in mortgage- and asset-backed securities. Black is a Chartered Financial Analyst. She is also a member of both the Fixed Income Analysts Society and the New York Society of Security Analysts.
INVESTMENT INFORMATION
Min Initial Investment: $2,500
Min Initial Investment, IRA: $2,000
Min Initial Investment, AIP: $2,500
Min Subsequent Investment: $100
Min Subsequent Investment, IRA: N/A
Min Subsequent Investment, AIP: $100
TBILX can be purchased from brokerages.
FUND SUMMARY
The investment seeks a favorable long-term total return, mainly from current income, by primarily investing in a portfolio of fixed-income securities that is designed to produce a return that corresponds with the total return of the U.S. investment-grade bond market based on a broad bond index. The fund invests at least 80% of assets in bonds within its benchmark and portfolio tracking index, the Barclays Capital U.S. Aggregate Bond index. It uses a sampling technique to create a portfolio that closely matches the overall investment characteristics of index without investing in all of the securities in the index.
FUND OPERATIONS
Last Dividend (29-Jan-10): 0.02
Last Cap Gain (11-Dec-09): 0.00
Annual Holdings Turnover 279.00%
Average for Category: 231.70%
FEES & EXPENSES
Expense TBILX Category
Avg
Total Expense Ratio: 0.48% 0.95%
Max 12b1 Fee: 0.25% N/A
Max Front End Sales Load: % 4.18%
Max Deferred Sales Load: % 2.66%
3 Yr Expense Projection*: $176 $454
5 Yr Expense Projection*: $314 $711
10 Yr Expense Projection*: $716 $1,437
* Per $10,000 invested


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