Nuveen Lifecycle Index 2040 Fund Premier Class (TLPRX)
| Fund Assets | 10.83B |
| Expense Ratio | 0.25% |
| Min. Investment | $100,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 1.23 |
| Dividend Yield | 3.76% |
| Dividend Growth | 79.37% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 32.80 |
| YTD Return | -0.69% |
| 1-Year Return | 17.94% |
| 5-Year Return | 46.06% |
| 52-Week Low | 26.53 |
| 52-Week High | 34.78 |
| Beta (5Y) | 0.80 |
| Holdings | 10 |
| Inception Date | Sep 30, 2009 |
About TLPRX
Nuveen Lifecycle Index 2040 Fund Premier Class is a target-date mutual fund designed primarily for individuals planning to retire around the year 2040. Its central purpose is to deliver a professionally managed, diversified portfolio that automatically adjusts its allocation to stocks, bonds, and other assets according to a preset glide path that becomes progressively more conservative as the target retirement year approaches. The fund primarily holds a broad mix of U.S. and international equities, complemented by fixed income investments, offering exposure across various sectors and regions to manage risk and support long-term growth potential. At least 80% of the fund’s assets are allocated to underlying index funds, emphasizing transparent, cost-effective market exposure. The Nuveen Lifecycle Index 2040 Fund plays a significant role in retirement planning by providing a “set-it-and-forget-it” investment vehicle that rebalances automatically, minimizing the burden of active asset management for investors pursuing a specific retirement timeline. Its approach is typical of target-date funds, offering a scalable solution within the defined contribution and retirement planning landscape.
Performance
TLPRX had a total return of 17.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.65%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Nuveen Equity Index Fund Class W | TEQWX | 49.47% |
| Nuveen International Equity Index Fund Class W | TCIWX | 17.52% |
| Nuveen Bond Index Fund Class W | TBIWX | 17.18% |
| Nuveen Emerging Markets Equity Index Fund Class W | TENWX | 9.24% |
| NuShares ETF Trust Nuveen International Aggregate Bond ETF | NXUS | 4.34% |
| Nuveen High Yield Corporate Bond ETF | NHYB | 1.66% |
| Nuveen Inflation Linked Bond Fund Class W | TIIWX | 0.24% |
| Nuveen Short Term Bond Index Fund Class W | TTBWX | 0.24% |
| 2026-03-02_3.66 Repo - 02mar26 | n/a | 0.11% |
| Usd | n/a | -0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $1.23238 | Dec 22, 2025 |
| Dec 13, 2024 | $0.68705 | Dec 16, 2024 |
| Dec 15, 2023 | $0.52188 | Dec 15, 2023 |
| Dec 16, 2022 | $0.55829 | Dec 16, 2022 |
| Dec 17, 2021 | $0.77753 | Dec 17, 2021 |
| Dec 18, 2020 | $0.45661 | Dec 18, 2020 |