Nuveen Lifecycle 2045 Fund

TIAA-CREF Funds · 4 share classes

Target-date 2045 fund
One fund, 4 share classes:TTFIXTTFRXTTFPXTTFHX
$4.99B NAV
22 positions · as of 2026-05-31 · filed 2026-07-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Nuveen Lifecycle 2045 Fund is a target-date 2045 fund.

Asset class
Target-date
Region
United States
Management
Actively managed
Fund type
Open-end fund
Target year
2045
Features
Fund of funds

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.

Strategy · summarised

The fund is a fund of funds that invests in shares of other Nuveen mutual funds and ETFs to build a diversified portfolio of equities, fixed-income securities, and real estate. Its asset allocation automatically shifts from more aggressive to more conservative as its target retirement year of 2045 approaches and for approximately 30 years thereafter, moving from an initial mix of roughly 83% equity, 12% fixed-income, and 5% real estate toward a final allocation of 20% equity, 80% fixed-income, and 0% real estate. Because the fund's returns depend on the performance of the underlying funds it selects, actual allocations may vary up to ten percentage points from stated targets within each asset class.

Expenses
0.43% 0.68%across 4 share classes
Share classGrossNet
TTFIX0.65%0.43%
TTFRX0.90%0.68%
TTFPX0.80%0.58%
TTFHX0.73%0.51%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 15.00% · as of 2025 Q3

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.51%
of net assets
Stocks87.65%
Bonds7.34%
Securitized3.59%
Cash & short-term1.14%
3 smaller0.78%

Look-through blends 20 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 1 new0 exited

New: STATE STREET BANK AND TRUST COMPANY

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+24.56%+56.06%+47.13%11.32%-8.58%
+24.39%+54.95%+45.33%11.40%-8.67%
+24.61%+55.45%+46.15%11.48%-8.70%
+24.68%+55.94%+46.88%11.42%-8.65%

These classes hold the same portfolio, so the 1.80pp spread over 5 years is the cost difference between them — roughly 0.36pp a year — not a difference in what they own.

Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Nuveen Large Cap Growth FundTILWX9.21%$459.85M
Nuveen Large Cap Value FundTRLWX8.78%$438.29M
Nuveen Growth Opportunities ETF8.71%$434.51M
Nuveen Dividend Growth FundNSBFX8.67%$432.72M
Nuveen International Opportunities FundTIOVX8.66%$432.53M
Nuveen Dividend Value FundFFEFX8.29%$413.78M
Nuveen International Equity FundTIEWX7.53%$375.61M
Nuveen Core Equity FundTGIWX7.38%$368.14M
Nuveen Emerging Markets Equity FundTEMVX5.63%$280.77M
Nuveen Core Bond FundTBBWX4.96%$247.37M
Showing 10 of 22Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 77.80% of net assets, top 25 99.98%, across 22 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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