Nuveen Lifecycle Index 2040 Retire (TLZRX)
| Fund Assets | 11.05B |
| Expense Ratio | 0.35% |
| Min. Investment | $1,000,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.66 |
| Dividend Yield | 1.98% |
| Dividend Growth | 32.38% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 33.21 |
| YTD Return | 15.03% |
| 1-Year Return | 15.77% |
| 5-Year Return | 63.52% |
| 52-Week Low | 26.42 |
| 52-Week High | 33.37 |
| Beta (5Y) | n/a |
| Holdings | 8 |
| Inception Date | Sep 30, 2009 |
About TLZRX
Nuveen Lifecycle Index 2040 Fund Retirement is a target-date mutual fund designed for individuals planning to retire around the year 2040. Its primary function is to offer a diversified investment solution that automatically adjusts its asset allocation over time, becoming more conservative as the target retirement date approaches. The fund employs a 'fund of funds' strategy, investing in a mix of equity and fixed-income index funds to balance capital appreciation with risk management. This fund's glide path is structured to maximize risk-adjusted returns, shifting from higher allocations in equities during the early years to an increased emphasis on fixed-income securities as 2040 nears. By doing so, the fund aims to address both long-term growth needs and capital preservation closer to retirement. The Nuveen Lifecycle Index 2040 Fund Retirement serves as an efficient vehicle for retirement savers who prefer to rely on professional management, diversification, and a systematic approach to asset allocation. It plays a significant role in the market by catering to participants in employer-sponsored retirement plans and individual investors seeking set-it-and-forget-it retirement solutions tied to a specific time horizon.
Performance
TLZRX had a total return of 15.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.93%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Nuveen Equity Index W | TEQWX | 50.93% |
| Nuveen Bond Index W | TBIWX | 21.99% |
| Nuveen International Eq Idx W | TCIWX | 18.15% |
| Nuveen Emerging Markets Eq Idx W | TENWX | 8.77% |
| 2025-08-01_4.36 Repo - 01aug25 | n/a | 0.13% |
| Nuveen Short Term Bond Index W | TTBWX | 0.02% |
| Nuveen Inflation Link Bd W | TIIWX | 0.02% |
| Usd | n/a | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.65621 | Dec 16, 2024 |
| Dec 15, 2023 | $0.4957 | Dec 15, 2023 |
| Dec 16, 2022 | $0.53373 | Dec 16, 2022 |
| Dec 17, 2021 | $0.7506 | Dec 17, 2021 |
| Dec 18, 2020 | $0.43283 | Dec 18, 2020 |
| Dec 13, 2019 | $0.44495 | Dec 13, 2019 |