Company Description
"The investment seeks a favorable long-term total return, mainly from current income, by primarily investing in a portfolio of fixed-income securities that is designed to produce a return that corresponds with the total return of the U.S. investment-grade bond market based on a broad bond index. Under normal circumstances, the fund invests at least 80% of its assets within its benchmark and portfolio tracking index, the Barclays Capital U.S. Aggregate Bond Index. The fund uses a sampling technique to create a portfolio that closely matches the overall investment characteristics of its index."Fund Name
TIAA-CREF Bond Index Fund
Target Index
Barlcay’s Capital US Aggregate Bond Index
Index Description
“The U.S. Aggregate Bond Index is a broad-based benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM passthroughs), ABS, and CMBS. The U.S. Aggregate rolls up into other Barclays Capital flagship indices such as the multi-currency Global Aggregate Index and the U.S. Universal Index, which includes high yield and emerging markets debt. The U.S. Aggregate Index was created in 1986, with index history backfilled to January 1, 1976.”
Stocks/Bonds
Bonds
Share Weighted/Cap Weighted
Cap Weighted
Geographical Concentration of Index
United States
Market Cap Orientation of Index
NA
Number of Constituents in Index
Market Cap of Constituents in Index
Top 10 Constituents in Index
Link for More Info on Index
Expense Ratio
| Retail Class | 0.48% |
| Retirement Class | 0.38% |
| Premier Class | 0.28% |
| Institutional Class | 0.13% |
Other Fees & Loads
| Purchase Fee | None |
| Redemption Fee | None |
| Account Service Fee | $15 / year when balance < $2,000 for Retail Class Only |
| Front End Sales Load | None |
| Back End Sales Load | None |
R Squared to Index
0.4741
Minimum Deposit
| Retail Class | $2,500 |
| Institutional Class | $10,000,000 |
| Other Classes | None |
| Institutional Class | 0.13% |
Ticker(s)
Retail Class: TBILX
Retirement Class: TBIRX
Premier Class: TBIPX
Institutional Class: TBIIX
Top 10 Holdings
(12.7% of net total assets) as of 9/30/2011 (with coupon, maturity date, and % of net assets):
| T Note 0.50% 11/12 | 1.8% |
| T Note 1.25% 10/15 | 1.7% |
| T Note 1.375% 11/15 | 1.5% |
| T Bond 8.00% 11/21 | 1.4% |
| T Bond 5.25% 02/29 | 1.2% |
| T Note 1.25% 09/15 | 1.2% |
| T Note 0.375% 10/12 | 1.1% |
| T Bond 5.375% 02/31 | 1.0% |
| T Bond 3.875% 08/40 | 0.9% |
| T Note 2.00% 04/16 | 0.9% |
Number of Issues in Fund
2,446