Nuveen Lifecycle Index 2040 R6 (TLZIX)

Fund Assets	10.83B
Expense Ratio	0.101%
Min. Investment	$10,000,000
Turnover	12.00%
Dividend (ttm)	0.87
Dividend Yield	2.38%
Dividend Growth	29.01%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	36.97
YTD Return	9.37%
1-Year Return	12.32%
5-Year Return	50.61%
52-Week Low	32.29
52-Week High	37.63
Beta (5Y)	0.82
Holdings	10
Inception Date	Sep 30, 2009

About TLZIX

Nuveen Lifecycle Index 2040 Fund R6 is a target-date mutual fund tailored for investors planning to retire around the year 2040. Its primary function is to provide a diversified, professionally managed portfolio that gradually adjusts its allocation from a growth-oriented mix of equities to a more conservative allocation with increased fixed-income exposure as the target retirement date approaches. The fund operates as a "fund of funds," investing primarily in underlying Nuveen and TIAA-CREF index funds, spanning domestic and international equities, emerging markets, and fixed-income securities. This diversified approach is designed to balance risk and return, aiming for high total returns over time through both capital appreciation and income. As part of the target-date category, it follows a predetermined glide path, reducing investment risk as participants near retirement. The fund is particularly significant within retirement planning, offering an automated investment solution for individuals seeking simplicity and long-term growth while aiming to minimize volatility as retirement nears. The R6 share class is commonly used in institutional settings, such as 401(k) plans, due to its low expense ratio and absence of distribution fees.

• Fund Family: Nuveen
• Category: Target-Date 2040
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TLZIX
• Share Class: Class R6
• Index: S&P Target Date 2040 TR

Performance

TLZIX had a total return of 12.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.28%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
TLZHX	Class I	0.18%
TLPRX	Premier Class	0.25%
TLZRX	Retirement Class	0.35%

Top Holdings

Name	Symbol	Weight
Nuveen Equity Index W	TEQWX	49.02%
Nuveen Bond Index W	TBIWX	17.49%
Nuveen International Eq Idx W	TCIWX	16.99%
Nuveen Emerging Markets Eq Idx W	TENWX	9.41%
NuShares ETF Trust Nuveen International Aggregate Bond ETF	NXUS	4.36%
Nuveen High Yield Corporate Bond ETF	NHYB	1.73%
Nuveen Short Term Bond Index W	TTBWX	0.47%
Nuveen Inflation Link Bd W	TIIWX	0.45%
Fixed Inc Clearing Corp.Repo	n/a	0.08%
Usd	n/a	0.00%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$1.27969	Dec 22, 2025
Dec 13, 2024	$0.73036	Dec 16, 2024
Dec 15, 2023	$0.55738	Dec 15, 2023
Dec 16, 2022	$0.59515	Dec 16, 2022
Dec 17, 2021	$0.81843	Dec 17, 2021
Dec 18, 2020	$0.48831	Dec 18, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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