# Nuveen Lifecycle Index 2050 Fund R6 (TLLIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tllix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Nuveen · Asset class: Bond - Strategy: Passive Index · Inception: 2009-10-01 This portfolio functions as a "fund of funds," primarily directing its investments into other underlying vehicles. It allocates capital chiefly to Class W shares of funds managed by the same Trust, though it retains the flexibility to invest in other investment pools or products. A fundamental policy requires that at least 80% of its total assets (including any borrowed capital for investment purposes) be committed to underlying funds that aim to replicate the performance of specific market indices. Currently, the advisors anticipate channeling approximately 90.50% of the fund's holdings in... ## Key Facts | Metric | Value | |---|---| | Price | $41.09 | | Expense Ratio | 0.10% | | Assets Under Management | $9.39B | | NAV | $41.09 | | Holdings Count | — | | Distribution Yield (TTM) | 2.80% | | Annual Distribution (TTM) | $1.15 /share | | Distribution Frequency | Annual | | 52-Week Range | $35.29 – $42.15 | | Beta | 1.19 | ## Latest Distribution - Amount: $1.1513 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-22 ## Frequently Asked Questions ### What does TLLIX invest in? This portfolio functions as a "fund of funds," primarily directing its investments into other underlying vehicles. It allocates capital chiefly to Class W shares of funds managed by the same Trust, though it retains the flexibility to invest in other investment pools or products. A fundamental policy requires that at least 80% of its total assets (including any borrowed capital for investment purposes) be committed to underlying funds that aim to replicate the performance of specific market indices. Currently, the advisors anticipate channeling approximately 90.50% of the fund's holdings into equity-oriented underlying funds, with the remaining 9.50% directed towards fixed-income underlying funds. ### What is the expense ratio of TLLIX? Nuveen Lifecycle Index 2050 Fund R6 (TLLIX) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations. ### What is TLLIX's dividend yield? TLLIX's trailing-twelve-month yield is 2.80%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of TLLIX? Effective duration measures TLLIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TLLIX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of TLLIX? TLLIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of TLLIX? Yield to maturity (YTM) is the total return you'd earn from TLLIX if every bond in the portfolio is held to maturity at the current price. TLLIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does TLLIX pay a dividend? Yes, Nuveen Lifecycle Index 2050 Fund R6 (TLLIX) distributes dividends to shareholders. The trailing-twelve-month yield is 2.80%. Full dividend history is on this page. ### How often does TLLIX pay dividends? Nuveen Lifecycle Index 2050 Fund R6 pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is TLLIX's next ex-dividend date? The most recently announced ex-dividend date for TLLIX was 2025-12-19. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will TLLIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TLLIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TLLIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TLLIX cost more than a fund like VOO? TLLIX is a passive index fund (current expense ratio 0.10%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to TLLIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TLLIX (0.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tllix - Distribution history: https://www.dividenddata.com/funds/tllix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tllix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tllix/expenses - Peer comparison: https://www.dividenddata.com/funds/tllix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.