About TLZHX
The Nuveen Lifecycle Index 2040 Fund is a target-date mutual fund designed to help investors prepare for retirement around the year 2040. Its primary function is to provide a diversified, professionally managed investment portfolio that automatically adjusts its asset allocation over time. Early in the investment period, the fund emphasizes growth by investing heavily in equities, both domestic and international, with notable exposure to the technology, financial services, and consumer cyclical sectors. As the target date approaches, the allocation gradually shifts toward a higher proportion of fixed-income securities to manage risk and preserve capital as retirement nears. The fund invests in a mix of underlying equity and bond index strategies, featuring substantial holdings in U.S. stocks, international stocks, and U.S. bonds, along with smaller allocations to emerging markets and non-U.S. bonds. With its glide path strategy, the Nuveen Lifecycle Index 2040 Fund serves as a convenient, hands-off option for individuals seeking to build wealth over the long term and transition to a more conservative portfolio as they approach retirement, making it a significant choice in the retirement investment landscape.
Fund Family Nuveen
Category Target-Date 2040
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol TLZHX
Share Class Class I
Index S&P Target Date 2040 TR
TLZHX had a total return of 13.31% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.67%.
