About TLMHX
Nuveen Lifecycle Index 2045 Fund I Class is a target-date mutual fund designed to help investors prepare for retirement around the year 2045. Classified as a "fund of funds," it primarily invests in a diversified mix of underlying index funds, with allocations spanning domestic equities, international equities, emerging markets, and fixed-income securities. The fund employs a glidepath strategy, meaning its asset allocation automatically transitions from a growth-oriented, equity-heavy mix toward a more conservative, income-focused blend as the target retirement date approaches and for several years thereafter. This structure is intended to balance growth potential and risk management throughout an investor’s career and into retirement. The fund's portfolio is highly diversified, with significant allocations to equity and bond index funds managed by Nuveen, seeking both capital appreciation and income over time. By offering a professionally managed, all-in-one solution, the fund serves investors looking for a convenient way to align their retirement investments with a specific future date, while maintaining low expenses and transparent holdings. It plays a key role in retirement planning for individuals who prefer an automated, disciplined approach to asset allocation and risk over time.
Fund Family Nuveen
Category Target-Date 2045
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol TLMHX
Share Class Class I
Index S&P Target Date 2045 TR
TLMHX had a total return of 13.91% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.30%.
