In part, you are losing the expense ratio spread between CREF Bond (0.44 ER) and Total Bond (ER Admiral 0.10/ER Investor 0.20).
Which one? When? Where? And why should we believe in that person's credibility?
MIpreRetirey wrote:I believe it's -18.4 + 2.9 + (1/2 *4) = -13.5% (4% change in one year = avg. over year of 2%),(went from 2.9% to 6.9% over year).