Nuveen Lifecycle Index 2045 Fund

TIAA-CREF Funds · Series S000026507 · 4 share classes

Target-date fund of funds
One fund, 4 share classes:TLXIXTLMPXTLMRXTLMHX
$10.33B NAV
7 positions · as of 2026-05-31 · filed 2026-07-24
data updated 2026-09-08

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 Class W shares of other Nuveen mutual funds and ETFs to track market indices across U.S. equities, international equities, and fixed-income sectors. Its asset allocation automatically shifts from more aggressive to more conservative as its 2045 target retirement date approaches and for approximately 30 years thereafter, ultimately reaching a final allocation of 20% equities and 80% fixed-income by 2075. The fund maintains at least 80% of assets in index-tracking underlying funds. Actual allocations may vary up to ten percentage points from stated targets within each asset class and market sector.

Expenses
0.10% 0.35%across 4 share classes
Share classGrossNet
TLXIX0.17%0.10%
TLMPX0.32%0.25%
TLMRX0.42%0.35%
TLMHX0.25%0.18%

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

Portfolio turnover 11.00% · as of 2025 Q3

Allocation

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

101.53%
of net assets
Stocks83.57%
Bonds11.70%
Securitized2.81%
Cash & short-term1.93%
Derivatives1.53%

Look-through blends 6 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 new1 exited

New: STATE STREET BANK AND TRUST COMPANY

Exited: The Bank of New York Mellon Corp

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+26.29%+61.33%+55.00%11.29%-9.08%
+26.07%+60.60%+53.86%11.28%-9.10%
+25.98%+60.17%+53.12%11.26%-9.11%
+26.27%+61.12%+54.46%11.31%-9.07%

These classes hold the same portfolio, so the 1.88pp spread over 5 years is the cost difference between them — roughly 0.38pp 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 Equity Index FundTEQWX55.43%$5.72B
Nuveen International Equity Index FundTCIWX18.77%$1.94B
Nuveen Bond Index FundTBIWX11.08%$1.14B
Nuveen Emerging Markets Equity Index FundTENWX10.92%$1.13B
Nuveen International Aggregate Bond ETF2.77%$285.98M
Nuveen High Yield Corporate Bond ETF0.88%$91.10M
STATE STREET BANK AND TRUST COMPANY0.12%$12.42M
Showing 7 of 7

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 99.97% of net assets, top 25 99.97%, across 7 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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