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.

How big is TLZIX?

Nuveen Lifecycle Index 2040 R6 (TLZIX) manages $11.95B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is TLZIX actively managed or an index fund?

TLZIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was TLZIX launched?

Nuveen Lifecycle Index 2040 R6 (TLZIX) launched in October 2009 and is managed by Nuveen.

How has TLZIX performed?

TLZIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.