Nuveen Short Term Bond Index Fund
TIAA-CREF Funds · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Nuveen Short Term Bond Index Fund is a U.S. bond index fund that tracks the Bloomberg U.S. 13 Year Government/Credit Bond Index.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Credit quality
- Investment grade
- Rate sensitivity
- Short duration
Fund profile
As filed in the prospectus · 2025 Q3
The Fund seeks total return that corresponds with the total return of a short-term U.S. investment-grade bond market index.
The fund tracks the Bloomberg U.S. 13 Year Government/Credit Bond Index using a sampling technique to match its overall characteristics without holding all constituents, and maintains a dollar-weighted average maturity of no more than three years. The fund's use of sampling means its returns may diverge from the index due to the specific securities selected. The fund invests primarily in investment-grade U.S. Treasury, government-related, and corporate debt, with less than 20% typically in foreign fixed-income securities.
| Share class | Gross | Net |
|---|---|---|
| TNSHX | 0.07% | 0.07% |
| TPSHX | 0.24% | 0.24% |
| TRSHX | 0.45% | 0.45% |
| TESHX | 0.32% | 0.32% |
| TTBHX | 0.21% | 0.21% |
| TTBWX | 0.07% | 0.00% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 55.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 98.41% |
| Cash & short-term | 0.99% |
| Securitized | 0.01% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Government | 75.4% |
| Financials | 6.7% |
| Other | 5.0% |
| International | 3.9% |
| 12 smaller | 8.9% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: United States Treasury Note/Bond ×6, Ares Capital Corp, Jersey Central Power & Light Co
Largest exited: United States Treasury Note/Bond ×4, Federal Home Loan Banks ×2, INTER-AMERICAN DEVEL BK, International Bank for Reconstruction & Development
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +3.22% | +13.22% | +10.47% | 1.23% | -0.73% | |
| +3.15% | +12.77% | +9.56% | 1.23% | -0.76% | |
| +2.99% | +12.21% | +8.70% | 1.22% | -0.79% | |
| +2.96% | +12.38% | +9.10% | 1.23% | -0.77% | |
| +3.20% | +12.91% | +9.79% | 1.15% | -0.75% | |
| +3.29% | +13.46% | +10.90% | 1.23% | -0.72% |
These classes hold the same portfolio, so the 2.20pp spread over 5 years is the cost difference between them — roughly 0.44pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
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 | 3.5% |
| 1-3y | 92.9% |
| 3-5y | 3.4% |
| 5-10y | 0.0% |
| 10y+ | 0.1% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
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 | 50% |
| Interest rates | 50% |
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 | +1.83 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 | 0.00 yr | 0% |
| 1 yr | 1.27 yr | 70% |
| 5 yr | 0.53 yr | 29% |
| 10 yr | 0.00 yr | 0% |
| 30 yr | 0.00 yr | 0% |
| 3 mo | 0.00 yr | 0% |
| 1 yr | 1.28 yr | 70% |
| 5 yr | 0.54 yr | 30% |
| 10 yr | 0.00 yr | 0% |
| 30 yr | 0.00 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 | +0.00 | +0.00 | +0.00 | $618 | $0 |
| 1 yr | +1.27 | +1.28 | +0.00 | $333.4k | $0 |
| 5 yr | +0.53 | +0.54 | +0.00 | $141.4k | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $144 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $324 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | United States Treasury Note/Bond3.88% · due 2028-06-15 | 3.97% | $103.43M | — |
| — | United States Treasury Note/Bond4.13% · due 2027-11-15 | 3.92% | $101.94M | — |
| — | United States Treasury Note/Bond3.38% · due 2028-09-15 | 3.29% | $85.75M | — |
| — | United States Treasury Note/Bond4.25% · due 2028-01-15 | 3.25% | $84.59M | — |
| — | United States Treasury Note/Bond3.63% · due 2028-08-15 | 3.10% | $80.61M | — |
| — | United States Treasury Note/Bond3.50% · due 2029-01-15 | 3.00% | $78.22M | — |
| — | United States Treasury Note/Bond3.75% · due 2027-08-15 | 3.00% | $78.16M | — |
| — | United States Treasury Note/Bond3.50% · due 2028-11-15 | 2.90% | $75.60M | — |
| — | United States Treasury Note/Bond4.25% · due 2028-02-15 | 2.90% | $75.59M | — |
| — | United States Treasury Note/Bond3.88% · due 2029-05-15 | 2.82% | $73.43M | — |
Top 10 positions are 32.16% of net assets, top 25 68.07%, across 632 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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