Nuveen Bond Index W (TBIWX)
| Fund Assets | 22.29B |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.96% |
| Dividend Growth | 9.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 9.70 |
| YTD Return | 0.74% |
| 1-Year Return | 4.55% |
| 5-Year Return | -0.13% |
| 52-Week Low | 9.56 |
| 52-Week High | 9.91 |
| Beta (5Y) | n/a |
| Holdings | 8573 |
| Inception Date | Sep 28, 2018 |
About TBIWX
Nuveen Bond Index Fund Class W is an open-end mutual fund designed to deliver broad exposure to the U.S. investment-grade bond market. The fund's primary objective is to achieve a favorable long-term total return, mainly through income, by closely tracking the Bloomberg U.S. Aggregate Bond Index using a sampling approach. This means the fund holds a diverse portfolio of investment-grade bonds in proportions that mirror the risk and return characteristics of its benchmark, without necessarily investing in every constituent security. The fund invests at least 80% of its assets in bonds that are part of the index, primarily including U.S. Treasury and government agency issues, mortgage-backed securities, and high-quality corporate bonds. As such, it plays a core role for investors seeking fixed income market exposure with moderate credit quality and interest rate sensitivity. The fund features a notably low expense ratio, a hallmark of its cost-efficient index tracking strategy, and pays monthly dividends to shareholders, further enhancing its suitability for income-focused portfolios. Nuveen Bond Index Fund Class W is widely used as a foundational building block in diversified portfolios, retirement accounts, and as a component in multi-asset investment strategies, underscoring its significance in the broader financial market.
Performance
TBIWX had a total return of 4.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.12%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.03316 | Jun 1, 2026 |
| Apr 30, 2026 | $0.03245 | May 1, 2026 |
| Mar 31, 2026 | $0.03283 | Apr 1, 2026 |
| Feb 27, 2026 | $0.03134 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03262 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0324 | Dec 31, 2025 |