About TLLRX
Nuveen Lifecycle Index 2050 Fund (Retirement) is a target-date mutual fund designed for individuals planning to retire around the year 2050. As a member of the target-date fund category, its primary function is to provide a professionally managed, diversified investment portfolio that automatically adjusts its asset allocation over time. Early on, the fund emphasizes growth by allocating a significant portion of assets to equities, and as the target retirement date approaches, it progressively shifts toward a more conservative mix, increasing exposure to fixed-income securities to mitigate risk and preserve capital. The fund operates as a fund of funds, investing primarily in institutional shares of other index-tracking funds, which adds diversification across domestic and international stocks and bonds. This approach seeks to balance risk and return through a preset glide path, aiming for high total returns via both capital appreciation and income. Nuveen Lifecycle Index 2050 Fund (Retirement) is utilized by investors seeking a hands-off, all-in-one retirement investment solution, and it plays a significant role in retirement planning portfolios by adapting to the changing risk tolerance of participants as they move closer to retirement.
Fund Family Nuveen
Category Target-Date 2050
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol TLLRX
Share Class Retirement Class
Index S&P Target Date 2050 TR
TLLRX had a total return of 10.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.55%.
