Nuveen Bond Index Fund Class W (TBIWX)
| Fund Assets | 24.90B |
| Expense Ratio | n/a |
| Min. Investment | $100,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.34% |
| Dividend Growth | 13.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.63 |
| YTD Return | 3.27% |
| 1-Year Return | 2.96% |
| 5-Year Return | -6.63% |
| 52-Week Low | 9.37 |
| 52-Week High | 9.97 |
| Beta (5Y) | n/a |
| Holdings | 9439 |
| 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 2.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.73%.
Top 10 Holdings
6.03% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B.0 04.01.25 | 0.82% |
| United States Treasury Notes 4.5% | T.4.5 05.31.29 | 0.62% |
| United States Treasury Notes 4.125% | T.4.125 10.31.27 | 0.62% |
| United States Treasury Bonds 3.5% | T.3.5 02.15.39 | 0.62% |
| United States Treasury Notes 1.125% | T.1.125 10.31.26 | 0.61% |
| United States Treasury Notes 0.75% | T.0.75 05.31.26 | 0.60% |
| State Str Navigator Secs Lending Tr | n/a | 0.58% |
| United States Treasury Notes 4% | T.4 06.30.28 | 0.53% |
| United States Treasury Notes 4.625% | T.4.625 04.30.29 | 0.52% |
| United States Treasury Notes 4% | T.4 07.31.29 | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03071 | Jul 1, 2025 |
| May 30, 2025 | $0.0309 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03023 | May 1, 2025 |
| Mar 31, 2025 | $0.03038 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02886 | Mar 3, 2025 |
| Jan 31, 2025 | $0.02967 | Feb 3, 2025 |