TIAA-CREF High Yield Fund

Scorecard
3 / 5 Stars
Lipper
3 3 2 5 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C (Hold)

U.S. News evaluated 179 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 10.89 percent over the past year, 8.78 percent over the past three years, and 12.05 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.2%
1 Year 10.9%
3 Years (Annualized) 8.8%
5 Years (Annualized) 12.0%
10 Years (Annualized) N/A

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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 Above Average compared to funds in the same category.
TIAA-CREF High Yield Fund has an expense ratio of 0.62 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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