Nuveen Lifecycle Index 2045 Fund
Target-date 2045 fund
As of its 2026 Q2 report, Nuveen Lifecycle Index 2045 Fund held 7 positions with $10.33B in net assets. Its ten largest holdings made up 100.0% of the fund. The TLXIX share class costs 0.1% a year. Over the 12 months to May 2026, TLXIX returned 25.6%, with dividends reinvested. In 2026 Q2 it added 1 new positions and exited 1.
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 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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
TEQWXNuveen Equity Index Fund | 55.43% | $5.72B | 109.8M | $52.16 |
TCIWXNuveen International Equity Index Fund | 18.77% | $1.94B | 63.6M | $30.50 |
TBIWXNuveen Bond Index Fund | 11.08% | $1.14B | 118.3M | $9.68 |
TENWXNuveen Emerging Markets Equity Index Fund | 10.92% | $1.13B | 63.9M | $17.66 |
Nuveen International Aggregate Bond ETF | 2.77% | $285.98M | 11.5M | $24.95 |
Nuveen High Yield Corporate Bond ETF | 0.88% | $91.10M | 3.7M | $24.83 |
STATE STREET BANK AND TRUST COMPANY | 0.12% | $12.42M | — | — |
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.
All 7 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 83.57% |
| Bonds | 11.70% |
| Securitized | 2.81% |
| Cash & short-term | 1.93% |
| Derivatives | 1.53% |
Look-through blends 6 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
How it has done
TLXIX share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.14%. Past returns are a record, not a forecast.
The 4 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.10% | +25.56% | +69.68% | +59.68% | -9.08% | |
| 0.25% | +25.35% | +68.88% | +58.51% | -9.10% | |
| 0.35% | +25.26% | +68.43% | +57.73% | -9.11% | |
| 0.18% | +25.50% | +69.36% | +59.10% | -9.07% |
These classes hold the same portfolio, so the 1.95pp spread over 5 years is the cost difference between them — roughly 0.39pp a year — not a difference in what they own.
Fees & fund details
Nuveen Lifecycle Index 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
- Expense ratio, by class
- 0.10% – 0.35%· TLXIX 0.10%
- Portfolio turnover
- 11.00% a year · as of 2025 Q3
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
1 new
1 exited
Understand how this fund fits with the rest.
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