Nuveen Lifecycle 2060 Fund Premier Class (TLXPX)
| Fund Assets | 900.83M |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 2.94% |
| Dividend Growth | 131.16% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 16.54 |
| YTD Return | 10.73% |
| 1-Year Return | 16.63% |
| 5-Year Return | 68.65% |
| 52-Week Low | 13.24 |
| 52-Week High | 16.76 |
| Beta (5Y) | 0.90 |
| Holdings | 20 |
| Inception Date | Sep 26, 2014 |
About TLXPX
Nuveen Lifecycle 2060 Fund (Premier) is a target date mutual fund designed to help investors prepare for retirement around the year 2060. Its primary purpose is to offer a professionally managed solution that dynamically adjusts its asset allocation over time, following a glide path that gradually shifts from a growth-oriented mix to a more conservative allocation as the target retirement date approaches. In its early years, the fund emphasizes capital appreciation by allocating a significant portion of assets to equities, both U.S. and international, along with exposure to direct real estate and a smaller allocation to fixed income securities. Closer to retirement, the equity exposure is systematically reduced in favor of increased allocations to bonds and other lower-risk investments, ultimately seeking to balance growth and capital preservation for investors as they near and enter retirement. The fund’s diversified portfolio approach, utilizing equities, fixed income, and real estate, aims to maximize risk-adjusted outcomes over an investor’s lifecycle. Nuveen Lifecycle 2060 Fund (Premier) plays a significant role in supporting long-term retirement planning by offering a convenient, all-in-one investment vehicle that evolves in response to investors’ changing risk profiles over time.
Performance
TLXPX had a total return of 16.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.01%.
Top 10 Holdings
88.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Nuveen International Equity Fund Class W | TIEWX | 13.69% |
| Nuveen Large Cap Growth Fund Class W | TILWX | 10.23% |
| Nuveen Growth Opportunities ETF | NUGO | 10.20% |
| Nuveen Large Cap Value Fund Class W | TRLWX | 9.05% |
| Nuveen Dividend Value Fund Class R6 | FFEFX | 9.01% |
| Nuveen Core Equity Fund Class W | TGIWX | 8.99% |
| Nuveen Dividend Growth Fund Class R6 | NSBFX | 8.92% |
| Nuveen International Opportunities Fund Class W | TIOVX | 8.29% |
| Nuveen Emerging Markets Equity Fund Class W | TEMVX | 5.68% |
| Nuveen Quant International Small Cap Equity Fund Class W | TAIWX | 4.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.48708 | Dec 16, 2024 |
| Dec 15, 2023 | $0.21071 | Dec 15, 2023 |
| Dec 16, 2022 | $0.80487 | Dec 16, 2022 |
| Dec 17, 2021 | $1.16532 | Dec 17, 2021 |
| Dec 18, 2020 | $0.61809 | Dec 18, 2020 |
| Dec 13, 2019 | $0.5321 | Dec 13, 2019 |