TIAA-CREF Funds - Retail Class

High-Yield  (TIYRX)

The fund seeks high current income and, when consistent with its primary objective, capital appreciation.

Net asset value as of 03/27/2015 : $9.97
Total return year-to-date as of 03/27/2015 : 2.53%
Fund's net invested assets as of 09/30/2014 : $2.60 billion
Gross Expense Ratio : 0.65%
Net Expense Ratio : 0.65%
Inception date : 03/31/2006
Investment class : Fixed Income
Redemption Fee 1 : 2.00%

As of 03/26/2015 : 30-day SEC Yield 2 : 5.19%
Performance Comparison
  Performance Data
as of 03/27/2015
Average Annual Total Returns
as of 02/28/2015
  Net Asset
1 Year 3 Year 5 Year 10 Year Since Inception
High-Yield $9.97 + 0.01% 2.53% 2.76% 6.73% 8.87% -- 7.71%
Merrill Lynch BB/B Cash Pay Index 3 -- + 0.07% 2.50% 3.88% 7.50% 9.06% -- 7.70%

The performance data quoted represents past performance, and is no guarantee of future results. Your returns and the principal value of your investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above.

The Fund is subject to interest rate risk and above-average credit risk.

You will be charged a 2.00% fee of the amount redeemed or exchanged out of the Fund within 60 calendar days of the initial purchase date. Please see the prospectus for details about this redemption fee and certain exemptions that may apply. The above performance data does not reflect the deduction of the redemption fee, and if reflected, the fee would reduce the performance quoted.
The fund's 30-day SEC yield is based on yield to maturity of a fund's investments over a 30-day period and not on the dividends paid by the fund, which may differ.
The Merrill Lynch BB/B Cash Pay Issuer Constrained Index measures the performance of securities that pay interest in cash and have a credit rating of BB or B. Merrill Lynch uses a composite of Fitch Ratings, Moody's and Standard and Poor's credit ratings in selecting bonds for this index. These ratings measure the risk that the bond issuer will fail to pay interest or to repay principal in full. You cannot invest directly in this index.

TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, members FINRA and SIPC, distribute securities products. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please click here or call 877 518-9161 for a product and the underlying fund prospectuses that contains this and other information. Please read the prospectus carefully before investing. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, and are not a condition to any banking service or activity and may lose value.

Tools & Information

© 2014 and prior years, Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), New York, NY 10017