TIAA-CREF High-Yield Inst Tiaa-cref Funds 730 Third Ave. New York NY 10017 Map
Phone: 888-842-0318
| Category: | High Yield Bond | | Fund Family: | TIAA-CREF Mutual Funds | | Net Assets: | 252.88M | | Year-to-Date Return: | 38.44% | | Yield: | 8.57% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Mar-06 |
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Kevin R Lorenz
Lead Manager since
31-Mar-06 | | | Lorenz is a lead portfolio manager with Teachers Advisors, Inc. and joined in 1987. Lorenz holds the Charted Financial Analyst designation. |
| Min Initial Investment: | $2,000,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | $1,000 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks high current income and capital appreciation. The fund invests primarily in lower-rated, higher-yielding fixed-income securities. It invests at least 80% of assets in debt and other fixed-income securities rated lower than investment-grade (and their unrated equivalents) or other high-yielding debt securities. The fund invests up to 20% of assets in payment-in-kind or deferred interest obligations, defaulted securities, asset-backed securities, securities rated lower than B- or its equivalent by at least two rating agencies and securities having limited liquidity. |
| Last Dividend
(30-Nov-09):
| 0.06 | | Last Cap Gain
(14-Dec-07):
| 0.01 | | Annual Holdings Turnover
| 59.00% | | Average for Category:
| 90.06% |
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| Expense | TIHYX | Category Avg | | Total Expense Ratio: | %
| 1.20% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.46% | | Max Deferred Sales Load: | %
| 2.73% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $639 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $998 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $2,016 |
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