TCLEX Fees and Costs — Nuveen Lifecycle 2010 Fund, Retirement Class
Data updated: 2026-09-25
The net expense ratio is 0.53% (0.79% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0002% of average net assets, and portfolio turnover was 28%.
TCLEX Fees and Expenses
Annual operating expenses and sales charges of TCLEX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.28% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.26% |
| Net expense ratio | 0.53% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
TCLEX Costs Over Time
On $10,000 invested in TCLEX, assuming 5% a year before costs, total costs come to $335 over 5 years, cutting the return by 0.56% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.53%) | $56 | $174 | $304 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $183 | $335 |
| Value after costs | $10,444 | $11,393 | $12,428 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
TCLEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0002%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $141.9M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
TCLEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES INSTITUTIONAL LLC | $704 | 67.24% |
| JANE STREET EXECUTION SERVICES, LLC | $341 | 32.57% |
| BOFA SECURITIES, INC. | $2 | 0.19% |
TCLEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $78.4M | 55.23% |
| State Street Global Markets, LLC | $47.1M | 33.17% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $6.7M | 4.72% |
| JANE STREET EXECUTION SERVICES, LLC | $3.3M | 2.36% |
| Toronto Dominion Bank | $1.5M | 1.09% |
| RBC CAPITAL MARKETS, LLC | $1.4M | 1.02% |
| Nomura Securities International, Inc. | $1.2M | 0.82% |
| MIZUHO SECURITIES, INC | $1.1M | 0.81% |
| UBS SECURITIES LLC | $759K | 0.53% |
| Wells Fargo Securities, LLC | $374K | 0.26% |
Nuveen Lifecycle 2010 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TCTIX | Class R6 | 0.28% | none |
| TCLHX | Class I | 0.40% | none |
| TCTPX | Premier Class | 0.43% | none |
| TCLEX | Retirement Class | 0.53% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.