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TIAA-CREF Inst High-Yield II Retail (TIYRX)

On Feb 9: 9.17 USD  Down 0.02 (0.22%)  
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Profile  As of 31-Dec-07 Get Profile for:
TIAA-CREF Inst High-Yield II Retail
730 Third Ave. New York NY 10017
Phone: 800-223-1200
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FUND OVERVIEW
Category: High Yield Bond
Fund Family: TIAA-CREF Mutual Funds
Net Assets: 118.81M
Year-to-Date Return: 3.63%
Yield: 7.36%
Morningstar Rating: N/A
Fund Inception Date: 31-Mar-06
MORNINGSTAR STYLE BOX
High Yield Bond
[View Category Definition]
View Top High Yield Bond Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
Michael Ainge
Lead Manager since 31-Mar-06
Ainge is a portfolio manager with Teachers Advisors, Inc. and joined in 1998. Ainge holds the Chartered Financial Analyst designation.
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: $100
Min Subsequent Investment, AIP: $100
TIYRX can be purchased from 21 brokerages.
FUND SUMMARY
The investment seeks high current income capital appreciation. The fund invests invests primarily in lower-rated, higher-yielding fixed-income securities. It invests at least 80% of assets in debt and other fixed-income securities. The fund invests up to 20% of assets in payment-in-kind or deferred interest obligations, defaulted securities, asset-backed securities, securities rated lower than B- or B3, and securities having limited liquidity.
FUND OPERATIONS
Last Dividend (14-Dec-07): 0.06
Last Cap Gain (14-Dec-07): 0.01
Annual Holdings Turnover 43.00%
Average for Category: 117.23%
FEES & EXPENSES
Expense TIYRX Category
Avg
Total Expense Ratio: 0.47% 1.26%
Max 12b1 Fee: 0.00% N/A
Max Front End Sales Load: 0.00% 4.41%
Max Deferred Sales Load: 0.00% 2.72%
3 Yr Expense Projection*: $267 $577
5 Yr Expense Projection*: $495 $879
10 Yr Expense Projection*: $1,151 $1,735
* Per $10,000 invested


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