Nuveen Lifecycle Index 2040 R6

Frequently Asked Questions About TLZIX

What does TLZIX invest in?

This investment vehicle functions as a "fund of funds," primarily channeling its capital into Class W shares of other funds managed by the Trust, with the flexibility to incorporate various other investment pools or products. A core directive mandates that at least 80% of its total capital—encompassing both net assets and any funds acquired through borrowing for investment purposes—must be deployed into underlying funds engineered to mirror the performance of specific market benchmarks. The advisors currently project that approximately 81.20% of the fund's holdings will be allocated to underlying equity investments, with the remaining 18.80% directed towards underlying fixed-income investments.

What is the expense ratio of TLZIX?

Nuveen Lifecycle Index 2040 R6 (TLZIX) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is TLZIX's dividend yield?

TLZIX's trailing-twelve-month yield is 3.48%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TLZIX?

Effective duration measures TLZIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TLZIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of TLZIX?

TLZIX'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 TLZIX?

Yield to maturity (YTM) is the total return you'd earn from TLZIX if every bond in the portfolio is held to maturity at the current price. TLZIX'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.