- What does TVIIX invest in?
- This investment vehicle functions as a "fund of funds," meaning it primarily allocates its capital to other investment portfolios rather than investing directly in individual securities. It predominantly invests in Class W shares of other funds within the same Trust, with the flexibility to also include other investment pools or products. A fundamental policy dictates that a minimum of 80% of its total assets (encompassing both net assets and any funds borrowed for investment purposes) must be channeled into underlying funds whose objective is to replicate the returns of specific market indices. As of now, the advisors expect to commit approximately 93% of the fund's capital to underlying equity-focused funds, while the remaining 7% is earmarked for underlying fixed-income investments.
- What is the expense ratio of TVIIX?
- Nuveen Lifecycle Index 2060 Fund R6 (TVIIX) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is TVIIX?
- Nuveen Lifecycle Index 2060 Fund R6 (TVIIX) manages $3.77B 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 TVIIX actively managed or an index fund?
- TVIIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was TVIIX launched?
- Nuveen Lifecycle Index 2060 Fund R6 (TVIIX) launched in September 2014 and is managed by Nuveen.
- How has TVIIX performed?
- TVIIX'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.
