QREARX - TIAA Real Estate Account VA is not really an interval-fund. It does have once/quarter withdrawal restriction but ANY amount, including 100%, can be withdrawn. QREARX pays a Liquidity-fee to TIAA and in case of heavy redemptions, TIAA is obliged to support QREARX (and it did to the tune of $1.2 billion in 2009-10). Unlike listed real-estate equity funds (VNQ, XLRE, etc), QREARX is mostly directly-owned properties and has low leverage/mortgage.
Interval-funds typically have restriction that only up to 5% may be withdrawn in quarterly window.
https://www.tiaa.org/public/investment-performance/investment/profile?ticker=41091375
https://markets.ft.com/data/funds/tearsheet/summary?s=QREARX

Not much as most everyone knows. I reviewed my TIAA account and was surprised to find that the only fund available to me (including the MMF) that is up YTD is Real Estate. Not only is it up about 1.64% YTD, but it clocked +17.8% for the past year. Two years ago my advisor had me dump my modest holding on the assumption that urban RE would suffer permanent damage from the pandemic.
A quick look at mainstream RE ETFs revealed -8 to -10% losses YTD. QREARX is an interval fund and I believe many of its holdings are commercial properties that TIAA itself owns in part or in whole. Anyone here with RE funds that are up?

Low fixed, 1.927%. Thanks.

1.92 for the low, I think.

+1

@carew388, from Stockcharts (chart scale is 10x), 10-yr yield range today was 1.927-2.050%, close was 2.031% at 3:00 PM (also Yahoo Finance, Treasury). CNBC is showing 2.05% at 6:30 PM (as trading continues).
https://stockcharts.com/h-sc/ui?s=$TNX&p=D&b=5&g=0&id=p39544969842
https://finance.yahoo.com/quote/^TNX?p=^TNX
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value_month=202202
https://www.cnbc.com/quotes/US10Y

Also, fiscal years can have any starting and ending date. But if one hitches one's horse to a calendar year, then one is stuck with, well, the calendar year. So the latter half semiannual (calendar) 2021 would thus cover July-Dec 2021.
Like in this year & day, why can't this be published by 01/01/2022
Complain to the SEC. Generally these forms are due in paper form 60 days after the end of the periods they cover:

Form N-30D and N-CSR due to be printed and mailed 60 days following the end of each half-year by investment companies; the EDGAR filing is due 10 days after the actual mailing date
Form N-Q due 60 days after 1st and 3rd fiscal quarter-end

https://www.broadridge.com/resource/corporate-issuer/edgar-filing-calendar?

Dan Price, CEO and founder of credit card processing company Gravity Payments:
Coca-Cola: there's nothing we can do, we have to raise prices.
Also Coca-Cola: our profit is up 65% in a year, we spent $68 billion on dividends / stock buybacks in a decade, laid off 12% of staff in the pandemic and CEO pay went up 70% in 2 years to $18.7M.
Granularity, and possible decreasing rate:
https://www.bls.gov/news.release/pdf/cpi.pdf

Of course I saw her twitter profile when I was copying her earnings tweets (and also misspelling her first name, sorry). But I did not know her as an economy writer and had not drilled down in her groundwork bio including academic and thinktank work; thanks.
Whatever transience inflation turns out to have will not be helped by price increases like these. But some see little entrenchment happening (let us hope!):
https://www.nytimes.com/2022/02/01/opinion/inflation-recession-us-economy.html

So, 2Y-10Y spread collapsed to 50 bps on hot inflation news? https://www.cnbc.com/bonds/

Yep. BNDD (curve flattener) is up about half a percent so far.

A brief little bio on Ms. Owens.
Twitter Feed Source

Lindsay Owens (don't know who she is) on Twitter today::
As you read today's inflation report, pay close attention to what the CEOs who set prices are saying. We got our hands on the latest batch of earnings reports, and it's a doozy. They're literally bragging about hiking prices while hiding behind "inflation." The receipts...
CEOs often speak more candidly on earnings calls (held when a new report comes out), in an effort to impress investors, by bragging about their ruthless profit-rigging schemes. It apparently doesn't occur to them that the public might find out about them! For instance...
The company 3M, which produces N95 masks (and other things) crowed on its earnings call that “the team has done a marvelous job in driving price. Price has gone up from 0.1% to 1.4% to 2.6%." The CFO told investors, "We see that to be a tailwind."
Tyson, one of the big 4 meat monopolies Biden is targeting for price-fixing saw profits nearly DOUBLE after price hikes of 32% on beef and 20% on chicken which the CEO attributed to the "continued resilience of our multi-protein portfolio."
U.S. meatpacker Tyson Foods Inc on Monday beat Wall Street estimates for quarterly revenue on higher prices for its products, sending its shares up 5% in premarket trading.
In its 4th quarter report, Johnson & Johnson revealed it raised prices…despite raking in billions from COVID vaccine sales. Its CEO told investors that the need for medical care & to “address suffering and death” is part of J&J's “optimism” & “opportunity” for its future.
Kimberly Clark is a megacorporation manufacturing everything from paper towels to diapers. On its recent earnings call, CEO Mike Hsu crowed to investors about “multiple rounds” of “significant pricing actions” & admitted he plans to continue doing it throughout the year.
If you want to understand the role of corporate greed in price hikes & inflation in America today, you don't have to take the word of watchdogs or critics of corporations. CEOs are admitting it themselves in plain daylight. And they're betting they can get away with it.

https://pbs.twimg.com/media/FLP02B-VEAkCEUO?format=jpg&name=900x900

10 yr Treasury spiked to 1.93% this morning as inflation reported at 7.5%. Another down day for bond funds.

Well, that is the FY convention in that the ending year is used. FPA FY 2022 is from May 31 2021 (June 1 2021?) to May 31, 2022.
Similar for school/college cohorts in that the expected year of graduation is used. Those who started in Fall 2021 are in the class of 2025 (Fall 2021 - Spring 2025).

It start off with the following statement:
FPA Queens Road Small Cap Value Fund (“Fund”) returned 1.10% in the first half of fiscal year 2022
(May 31, 2021 to November 30, 2021).
Why not call it last half semi annual 2021 !!
Just trying to keep things simple. Like in this year & day, why can't this be published by 01/01/2022
My rant for the day, Derf

So, 2Y-10Y spread collapsed to 50 bps on hot inflation news? https://www.cnbc.com/bonds/

I wish Stockcharts would recognize some real-time ticker for 2Y as it does for 3M, 5Y, 10Y, 30Y, etc. So, similar real-time charts can be constructed for spreads such as 3M-30Y, 5Y-10Y, 5Y-30Y, 10Y-30Y, but not for the most important 2Y-10Y, and that is only EOD (usually an hour after the market close).
Of course, one can monitor 2Y-10Y data point in real-time but it would be nice to a real-time chart for it too, not just EOD.

Thanks. I have been following the spread and when it became very uncomfortable, I looked across the pond.
The UK Govt Bonds (Gilts) 2yr-9 yr spread is at 6 basis points and 2-10 yr spread is at 12 basis points. Imagine why one would buy the 9 yr or 10 yr Gilts instead of the 2 yr Gilts.

I used todays updraft to unload portions in a couple of positions. After reading an ARTICLE posted today by Jim Sloan at SA I'm taking a peak at Japan ETF's. I'm not sure that I will scratch the itch but I am interested.

I used today to add a bit to TAIL - while remaining broadly invested across the spectrum.
Japan? The thought occurred to me 2 - 3 months back. Initiated a small hold in FLJP, which has a ridiculously low ER. Not quite back to break even yet, but the same could be said of many U.S. assets.