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TIAA-CREF High-Yield Inst (TIHYX)

9.23 Down 0.12(1.28%) Jun 24

Profile as of May 30, 2016Get Profile for:
TIAA-CREF High-Yield Inst
Tiaa-cref Funds730 Third Ave.New York NY 10017
Map
Phone: 877-518-9161
Fund Overview 
Category:High Yield Bond
Fund Family:TIAA-CREF Asset Management
Net Assets:3.11B
Year-to-Date Return:6.91%
Yield:5.97%
Morningstar Rating:5 stars
Fund Inception Date:Mar 31, 2006
Morningstar Style Box 
High Yield Bond
[View Category Definition]
View Top High Yield Bond Funds
About the Morningstar Style Box
Management Information 
Kevin R. Lorenz
Lead Manager since Mar 31, 2006
Lorenz is a lead portfolio manager with Teachers Advisors, Inc. and joined in 1987. Lorenz holds the Charted Financial Analyst designation.
Investment Information 
Min Initial Investment:2,000,000
Min Initial Investment, IRA:2,000,000
Min Initial Investment, AIP:N/A
Min Subsequent Investment:1,000
Min Subsequent Investment, IRA:1,000
Min Subsequent Investment, AIP:N/A
TIHYX can be purchased from 37 brokerages.

Fund 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.

Fund Operations 
Last Dividend (May 30, 2016) : 0.05
Last Cap Gain : 0.00
Annual Holdings Turnover (Jun 22, 2016) : 50.00%
Average for Category:63.72%
Fees & Expenses 
ExpenseTIHYXCategory Avg
Annual Report Expense Ratio (net):0.36%1.07%
Prospectus Net Expense Ratio:0.36%N/A
Prospectus Gross Expense Ratio:0.36%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A4.15%
Max Deferred Sales Load: N/A1.92%
3 Yr Expense Projection*:116485
5 Yr Expense Projection*:202772
10 Yr Expense Projection*:4561,594
* Per $10,000 invested