Tiaa Cref High Yield Fund Quote

TIHYX Fund  USD 8.70  0.01  0.12%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 39

 
100  
 
Zero
Below Average
Tiaa-cref High-yield is trading at 8.70 as of the 28th of March 2024; that is 0.12% increase since the beginning of the trading day. The fund's open price was 8.69. Tiaa-cref High-yield has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Tiaa Cref High Yield Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund invests primarily in lower-rated, higher-yielding fixed-income securities, such as domestic and foreign corporate bonds, debentures, senior loans, loan participations and assignments and notes, as well as convertible and preferred securities. More on Tiaa Cref High Yield Fund

Moving together with Tiaa-cref Mutual Fund

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  0.86TEDPX Tiaa-cref EmergingPairCorr

Tiaa-cref Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tiaa-cref High-yield's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tiaa-cref High-yield or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationTIAA Investments Funds, Large Funds, High Yield Bond Funds, High Yield Bond, TIAA Investments (View all Sectors)
Update Date31st of March 2024
Tiaa Cref High Yield Fund [TIHYX] is traded in USA and was established 28th of March 2024. Tiaa-cref High-yield is listed under TIAA Investments category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of TIAA Investments family. This fund at this time has accumulated 4.06 B in assets with minimum initial investment of 2 M. Tiaa-cref High-yield Fund is currently producing year-to-date (YTD) return of 1.58% with the current yeild of 0.06%, while the total return for the last 3 years was 2.77%.
Check Tiaa-cref High-yield Probability Of Bankruptcy

Instrument Allocation

Top Tiaa Cref High Yield Fund Mutual Fund Constituents

HYGIShares IBoxx HighEtfHigh Yield Bond
JNKSPDR Bloomberg HighEtfHigh Yield Bond
SHYGIShares 0 5 YearEtfHigh Yield Bond
SJNKSPDR Bloomberg ShortEtfHigh Yield Bond
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Tiaa-cref High-yield Target Price Odds Analysis

Based on a normal probability distribution, the odds of Tiaa-cref High-yield jumping above the current price in 90 days from now is roughly 2.24%. The Tiaa Cref High Yield Fund probability density function shows the probability of Tiaa-cref High-yield mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Tiaa Cref High Yield Fund has a beta of -0.1377. This usually implies as returns on benchmark increase, returns on holding Tiaa-cref High-yield are expected to decrease at a much lower rate. During the bear market, however, Tiaa Cref High Yield Fund is likely to outperform the market. Additionally, tiaa Cref High Yield Fund has an alpha of 0.0391, implying that it can generate a 0.0391 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 8.7HorizonTargetOdds Above 8.7
97.54%90 days
 8.70 
2.24%
Based on a normal probability distribution, the odds of Tiaa-cref High-yield to move above the current price in 90 days from now is roughly 2.24 (This Tiaa Cref High Yield Fund probability density function shows the probability of Tiaa-cref Mutual Fund to fall within a particular range of prices over 90 days) .

Tiaa-cref High-yield Top Holders

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Tiaa-cref High-yield Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tiaa-cref High-yield market risk premium is the additional return an investor will receive from holding Tiaa-cref High-yield long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tiaa-cref High-yield. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Tiaa-cref High-yield's alpha and beta are two of the key measurements used to evaluate Tiaa-cref High-yield's performance over the market, the standard measures of volatility play an important role as well.

Tiaa-cref High-yield Against Markets

Picking the right benchmark for Tiaa-cref High-yield mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tiaa-cref High-yield mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tiaa-cref High-yield is critical whether you are bullish or bearish towards Tiaa Cref High Yield Fund at a given time. Please also check how Tiaa-cref High-yield's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Tiaa-cref High-yield without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Tiaa-cref Mutual Fund?

Before investing in Tiaa-cref High-yield, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tiaa-cref High-yield. To buy Tiaa-cref High-yield fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tiaa-cref High-yield. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Tiaa-cref High-yield fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Tiaa Cref High Yield Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Tiaa Cref High Yield Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Tiaa Cref High Yield Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Tiaa Cref High Yield Fund?

The danger of trading Tiaa Cref High Yield Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tiaa-cref High-yield is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tiaa-cref High-yield. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tiaa-cref High-yield Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tiaa Cref High Yield Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Tiaa-cref High-yield's price analysis, check to measure Tiaa-cref High-yield's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tiaa-cref High-yield is operating at the current time. Most of Tiaa-cref High-yield's value examination focuses on studying past and present price action to predict the probability of Tiaa-cref High-yield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tiaa-cref High-yield's price. Additionally, you may evaluate how the addition of Tiaa-cref High-yield to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Tiaa-cref High-yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tiaa-cref High-yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tiaa-cref High-yield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.