Nuveen Lifecycle Index 2060 Fund Retirement Class (TVITX)
| Fund Assets | 3.03B |
| Expense Ratio | 0.35% |
| Min. Investment | $1,000,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 1.71% |
| Dividend Growth | 14.14% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 22.40 |
| YTD Return | 13.15% |
| 1-Year Return | 20.22% |
| 5-Year Return | 72.21% |
| 52-Week Low | 17.57 |
| 52-Week High | 22.40 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Sep 26, 2014 |
About TVITX
Nuveen Lifecycle Index 2060 Fund is a target-date mutual fund structured to help investors prepare for retirement around the year 2060. The fund's primary function is to provide a diversified, professionally managed portfolio that automatically adjusts its asset allocation over time: beginning with a higher allocation to equities for growth in the early years, then steadily shifting toward more conservative fixed-income holdings as the target retirement year approaches and beyond. This "glidepath" strategy is designed to balance growth potential with risk mitigation as investors age. The fund invests predominantly in underlying index funds across U.S. equities, international equities, emerging markets, and bonds, offering broad market exposure while maintaining a transparent, low-cost approach. Notably, the Nuveen Lifecycle Index 2060 Fund seeks to maximize risk-adjusted returns through disciplined rebalancing, making it suitable for long-term retirement planning. Its market role is to serve as a convenient, all-in-one retirement solution for individuals targeting retirement within a few years of 2060, minimizing the need for frequent personal portfolio management while maintaining diversified investment exposure.
Performance
TVITX had a total return of 20.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.54%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Nuveen Equity Index Fund Class W | TEQWX | 60.22% |
| Nuveen International Equity Index Fund Class W | TCIWX | 21.94% |
| Nuveen Emerging Markets Equity Index Fund Class W | TENWX | 10.25% |
| Nuveen Bond Index Fund Class W | TBIWX | 7.41% |
| 2025-07-01_4.35 Repo - 01jul25 | n/a | 0.18% |
| Usd | n/a | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.3806 | Dec 16, 2024 |
| Dec 15, 2023 | $0.33346 | Dec 15, 2023 |
| Dec 16, 2022 | $0.29316 | Dec 16, 2022 |
| Dec 17, 2021 | $0.31206 | Dec 17, 2021 |
| Dec 18, 2020 | $0.22904 | Dec 18, 2020 |
| Dec 13, 2019 | $0.27539 | Dec 13, 2019 |