Nuveen Lifecycle Index 2040 Fund
TIAA-CREF Funds · Series S000026506 · 4 share classes
data updated 2026-08-10
Fund profile
As filed in the prospectus · 2025 Q3
The Fund seeks high total return over time through a combination of capital appreciation and income.
The fund is a fund of funds that invests in Class W shares of other Nuveen mutual funds and ETFs, holding a diversified mix of equity index funds and fixed-income index funds. Its asset allocation automatically shifts from more aggressive to more conservative over time as its 2040 target retirement date approaches and for approximately 30 years thereafter, moving toward a final allocation of 20% equity and 80% fixed-income by 2070. The fund maintains at least 80% of assets in index-tracking underlying funds across various market sectors including U.S. equity, international equity, fixed-income, and inflation-protected assets. Because actual allocations may vary up to ten percentage points from targets within each asset class and market sector, the fund's returns may diverge from any single benchmark.
| Share class | Gross | Net |
|---|---|---|
| TLZIX | 0.17% | 0.10% |
| TLPRX | 0.32% | 0.25% |
| TLZRX | 0.42% | 0.35% |
| TLZHX | 0.25% | 0.18% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 12.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Stocks | 99.85% |
| Cash & short-term | 0.10% |
Latest quarter
What changed since the fund's previous filing
New: The Bank of New York Mellon Corp
Exited: STATE STREET BANK AND TRUST COMPANY
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — |
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | Nuveen Equity Index Fund | 48.76% | $5.51B | 116.1M |
| — | Nuveen International Equity Index Fund | 18.27% | $2.06B | 67.3M |
| — | Nuveen Bond Index Fund | 17.01% | $1.92B | 193.9M |
| — | Nuveen Emerging Markets Equity Index Fund | 9.52% | $1.08B | 66.9M |
| — | Nuveen International Aggregate Bond Etf | 4.22% | $476.44M | 18.7M |
| — | Nuveen High Yield Corporate Bond Etf | 1.61% | $181.58M | 7.3M |
| — | Nuveen Inflation Linked Bond Fund | 0.23% | $26.11M | 2.4M |
| — | Nuveen Short Term Bond Index Fund | 0.23% | $25.90M | 2.7M |
| — | The Bank of New York Mellon Corp | 0.10% | $11.69M | — |
Top 10 positions are 99.95% of net assets, top 25 99.95%, across 9 issuers.
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