Nuveen Inflation Linked Bond Fund
Actively managed U.S. bond fund
As of its 2026 Q2 report, Nuveen Inflation Linked Bond Fund held 46 positions with $3.21B in net assets. Its ten largest holdings made up 46.0% of the fund. The TIILX share class costs 0.25% a year. Over the 12 months to May 2026, TIILX returned 4.5%, with dividends reinvested. In 2026 Q2 it added 4 new positions and exited 9.
The Fund seeks to provide inflation protection and income, primarily through investment in inflation-linked bonds.
The fund invests at least 80% of assets in inflation-indexed bonds, primarily U.S. Treasury Inflation-Protected Securities, which adjust principal and interest payments based on the Consumer Price Index. The fund tracks the Bloomberg U.S. Treasury Inflation Protected Securities 1-10 Year Index. Up to 20% of assets may be allocated to foreign inflation-indexed bonds and money market instruments, with no more than 5% in below-investment-grade securities.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
United States Treasury Inflation Indexed Bonds 1.75% · due 2034-01-15 | 5.40% | $173.65M | — |
United States Treasury Inflation Indexed Bonds 1.63% · due 2030-04-15 | 5.32% | $170.93M | — |
TSY INFL IX N/B 1.25% · due 2028-04-15 | 5.12% | $164.62M | — |
United States Treasury Inflation Indexed Bonds 2.13% · due 2035-01-15 | 4.98% | $160.12M | — |
TSY INFL IX N/B 0.13% · due 2031-01-15 | 4.32% | $138.67M | — |
United States Treasury Inflation Indexed Bonds 2.13% · due 2029-04-15 | 4.27% | $137.17M | — |
United States Treasury Inflation Indexed Bonds 1.13% · due 2030-10-15 | 4.23% | $135.93M | — |
TSY INFL IX N/B 0.13% · due 2031-07-15 | 4.17% | $133.92M | — |
United States Treasury Inflation Indexed Bonds 1.88% · due 2035-07-15 | 4.15% | $133.40M | — |
United States Treasury Inflation Indexed Bonds 1.88% · due 2034-07-15 | 4.00% | $128.54M | — |
All 46 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 97.80% |
| Securitized | 1.44% |
| Derivatives | 1.16% |
| Cash & short-term | 0.33% |
Derivatives are shown at market value, not notional exposure.
How it has done
TIILX share class · total returns with dividends reinvested
Volatility over the last 12 months: 2.11%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.25% | +4.47% | +14.77% | +12.05% | -1.76% | |
| 0.59% | +4.09% | +13.68% | +10.41% | -1.88% | |
| 0.50% | +4.16% | +13.89% | +10.62% | -1.80% | |
| 0.41% | +4.31% | +14.20% | +11.18% | -1.89% | |
| 0.40% | +4.35% | +14.44% | +11.44% | -1.80% | |
| 0.00% | +4.73% | +15.57% | +13.40% | -1.69% |
These classes hold the same portfolio, so the 2.99pp spread over 5 years is the cost difference between them — roughly 0.60pp a year — not a difference in what they own.
Fees & fund details
Nuveen Inflation Linked Bond Fund is an actively managed U.S. bond fund.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Investment grade
- Rate sensitivity
- Intermediate duration
- Expense ratio, by class
- 0.00% – 0.59%· TIILX 0.25%
- Portfolio turnover
- 27.00% a year · as of 2026 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
4 new
9 exited· the largest 5
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 1.5% |
| 1-3y | 30.5% |
| 3-5y | 28.3% |
| 5-10y | 38.1% |
| 10y+ | 1.5% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 59% |
| Interest rates | 41% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +4.38 yr |
| High yield | +0.00 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.05 yr | 2% |
| 1 yr | 0.36 yr | 12% |
| 5 yr | 1.47 yr | 49% |
| 10 yr | 1.11 yr | 37% |
| 30 yr | 0.02 yr | 1% |
| 3 mo | 0.00 yr | 0% |
| 1 yr | 0.69 yr | 16% |
| 5 yr | 2.19 yr | 50% |
| 10 yr | 1.47 yr | 34% |
| 30 yr | 0.02 yr | 0% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.05 | +0.00 | +0.00 | $1.3k | $0 |
| 1 yr | +0.36 | +0.69 | +0.00 | $220.6k | $23 |
| 5 yr | +1.47 | +2.19 | +0.00 | $705.4k | $1 |
| 10 yr | +1.11 | +1.47 | +0.00 | $472.8k | $0 |
| 30 yr | +0.02 | +0.02 | +0.00 | $7.0k | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Understand how this fund fits with the rest.
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