Nuveen Lifecycle 2060 Fund R6 Class (TLXNX)
| Fund Assets | 849.83M |
| Expense Ratio | 0.45% |
| Min. Investment | $2,000,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 3.13% |
| Dividend Growth | 122.80% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 16.18 |
| YTD Return | 8.18% |
| 1-Year Return | 11.88% |
| 5-Year Return | 77.76% |
| 52-Week Low | 13.28 |
| 52-Week High | 16.32 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Sep 26, 2014 |
About TLXNX
The Nuveen Lifecycle 2060 Fund R6 is a target-date mutual fund designed to help investors prepare for retirement, specifically those aiming to retire around the year 2060. Its primary function is to offer a professionally managed, diversified portfolio that gradually shifts its allocation from higher-risk, growth-focused assets to more conservative investments as the target date approaches. The fund invests across equities, fixed income securities, and uniquely, direct real estate holdings, making its allocation broader than many traditional target-date funds that typically focus on publicly traded assets. The Nuveen Lifecycle 2060 Fund R6 employs a glidepath strategy, systematically adjusting the asset mix over time to balance risk and return according to investors’ changing time horizons and retirement needs. The fund’s holdings represent a blend of domestic and international equities, as well as fixed income instruments, providing exposure to a broad spectrum of market sectors and geographies. Managed by experienced portfolio managers, the fund seeks to achieve high total returns through a combination of capital appreciation and income, supporting long-term retirement goals for individuals and institutional retirement plans.
Performance
TLXNX had a total return of 11.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.01%.
Top 10 Holdings
88.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Nuveen International Equity Fund Class W | TIEWX | 13.85% |
| Nuveen Large Cap Growth Fund Class W | TILWX | 10.46% |
| Nuveen Growth Opportunities ETF | NUGO | 10.33% |
| Nuveen Dividend Growth Fund Class R6 | NSBFX | 9.01% |
| Nuveen Core Equity Fund Class W | TGIWX | 8.99% |
| Nuveen Dividend Value Fund Class R6 | FFEFX | 8.85% |
| Nuveen Large Cap Value Fund Class W | TRLWX | 8.84% |
| Nuveen International Opportunities Fund Class W | TIOVX | 8.29% |
| Nuveen Emerging Markets Equity Fund Class W | TEMVX | 5.52% |
| Nuveen Quant International Small Cap Equity Fund Class W | TAIWX | 4.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.50983 | Dec 16, 2024 |
| Dec 15, 2023 | $0.22883 | Dec 15, 2023 |
| Dec 16, 2022 | $0.82284 | Dec 16, 2022 |
| Dec 17, 2021 | $1.1859 | Dec 17, 2021 |
| Dec 18, 2020 | $0.63448 | Dec 18, 2020 |
| Dec 13, 2019 | $0.54699 | Dec 13, 2019 |