# Nuveen Lifecycle Index 2060 Fund R6 (TVIIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tviix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Nuveen · Asset class: Equity - Strategy: Thematic · Inception: 2014-09-29 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 ind... ## Key Facts | Metric | Value | |---|---| | Price | $25.92 | | Expense Ratio | 0.10% | | Assets Under Management | $3.74B | | NAV | $25.92 | | Holdings Count | — | | Distribution Yield (TTM) | 2.35% | | Annual Distribution (TTM) | $0.61 /share | | Distribution Frequency | Annual | | 52-Week Range | $22.32 – $26.81 | | Beta | 1.21 | ## Latest Distribution - Amount: $0.6091 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-22 ## Frequently Asked Questions ### 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 $3.74B 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. ### Does TVIIX pay a dividend? Nuveen Lifecycle Index 2060 Fund R6 (TVIIX) currently distributes little or no income. Trailing-twelve-month yield is 2.35%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TVIIX pay dividends? Nuveen Lifecycle Index 2060 Fund R6 pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TVIIX's dividend yield? TVIIX's trailing-twelve-month yield is 2.35%, calculated from the sum of dividends over the past year divided by the current price. ### When is TVIIX's next ex-dividend date? The most recently announced ex-dividend date for TVIIX 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 TVIIX'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 TVIIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TVIIX'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 TVIIX cost more than a fund like VOO? TVIIX's strategy (current expense ratio 0.10%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where TVIIX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to TVIIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TVIIX (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/tviix - Distribution history: https://www.dividenddata.com/funds/tviix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tviix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tviix/expenses - Peer comparison: https://www.dividenddata.com/funds/tviix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.