CREF Core Bond Account - Class R2 (QCBMPX)
| Fund Assets | n/a |
| Expense Ratio | 0.265% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 144.36 |
| YTD Return | 0.51% |
| 1-Year Return | 4.46% |
| 5-Year Return | n/a |
| 52-Week Low | 137.87 |
| 52-Week High | 146.50 |
| Beta (5Y) | n/a |
| Holdings | 1688 |
| Inception Date | n/a |
About QCBMPX
CREF Core Bond Account R2 is a core fixed income variable annuity account designed to provide participants with a favorable long-term rate of return primarily through high current income while preserving capital. As an intermediate core bond product, it invests at least 80% of its assets in a diverse selection of fixed income securities, focusing mainly on investment-grade bonds within the leading credit categories as determined by major rating agencies. The portfolio includes significant allocations to U.S. Treasury and agency securities, investment-grade corporate bonds, and both agency and non-agency mortgage-backed securities. Additionally, it has exposure to asset-backed and commercial mortgage-backed securities and may hold below-investment-grade bonds. The account tracks the Bloomberg US Aggregate Bond Index as its benchmark. It plays a crucial role for retirement investors seeking consistent income with moderate interest rate and credit risk, and it offers the option for participants to convert savings into lifetime income streams, reinforcing its utility within retirement planning frameworks. The account is managed by TIAA-CREF and represents a significant option for institutional and individual investors needing broad fixed income market exposure with a focus on stability and capital preservation.
Performance
QCBMPX had a total return of 4.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.37%.