4 / 5 Stars
5 5 5 5 3
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#10 in Short-Term Bond
U.S. News evaluated 111 Short-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 2.81 percent over the past year, 3.23 percent over the past three years, and 3.87 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.7%|
|3 Years (Annualized)||3.2%|
|5 Years (Annualized)||3.9%|
|10 Years (Annualized)||N/A|
The investment seeks high current income consistent with preservation of capital. The fund invests at least 80% of its assets in U.S. Treasury and agency securities and investment-grade fixed-income investments with an average maturity or average lives of less than 5 years. It may overweight or underweight individual securities or sectors as compared to their weight in the index when Advisors finds undervalued or overlooked issues that it believes offer the potential for superior returns. The fund may purchase and sell futures, options, swaps and other fixed-income derivative instruments to carry out the fund's investment strategies.
Fees are Low compared to funds in the same category.
TIAA-CREF Short Term Bond Fund has an expense ratio of 0.30 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.