| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
5
4
1
5
4
|
|
Zacks Investment Research
2
(Buy)
|
|
Standard & Poor's
5 / 5 Stars
|
|
TheStreet.com
B-
(Buy)
|
U.S. News evaluated 167 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all TIAA-CREF Mutual Funds funds
Performance
The fund has returned 13.25 percent over the past year, 11.76 percent over the past three years, and 9.91 percent over the past five years.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 3.4% |
| 1 Year | 13.3% |
| 3 Years (Annualized) | 11.8% |
| 5 Years (Annualized) | 9.9% |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks high current income and, when consistent with its primary objective, capital appreciation. The fund invests primarily in lower-rated, higher-yielding fixed-income securities, such as domestic and foreign corporate bonds, debentures, loan participations and assignments and notes, as well as convertible securities and preferred stocks. Under normal circumstances, it invests at least 80% of its assets in debt and other fixed-income securities rated lower than investment-grade (and their unrated equivalents) or other high-yielding debt securities.
Fees
Fees are Average compared to funds in the same category.
TIAA-CREF High Yield Fund has an expense ratio of 0.63 percent.
Risk
Risk is Below Average compared to funds in the same category according to Morningstar.
