TCLIX Fees and Costs — Nuveen Lifecycle 2015 Fund, Retirement Class
Data updated: 2026-09-25
The net expense ratio is 0.62% (0.80% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0002% of average net assets, and portfolio turnover was 28%.
TCLIX Fees and Expenses
Annual operating expenses and sales charges of TCLIX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.27% |
| Gross expense ratio | 0.80% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.62% |
| 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 |
TCLIX Costs Over Time
On $10,000 invested in TCLIX, assuming 5% a year before costs, total costs come to $391 over 5 years, cutting the return by 0.65% 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 0.62%) | $65 | $204 | $355 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $214 | $391 |
| Value after costs | $10,435 | $11,362 | $12,372 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
TCLIX 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: $2K
- Bought from dealers (principal trades, not a cost): $183.3M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
TCLIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES INSTITUTIONAL LLC | $1K | 65.24% |
| JANE STREET EXECUTION SERVICES, LLC | $569 | 34.76% |
TCLIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $101.3M | 55.24% |
| State Street Global Markets, LLC | $61.1M | 33.34% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $10.1M | 5.52% |
| JANE STREET EXECUTION SERVICES, LLC | $5.6M | 3.05% |
| RBC CAPITAL MARKETS, LLC | $1.7M | 0.95% |
| MIZUHO SECURITIES, INC | $1.2M | 0.68% |
| Toronto Dominion Bank | $897K | 0.49% |
| Wells Fargo Securities, LLC | $724K | 0.39% |
| Nomura Securities International, Inc. | $596K | 0.33% |
Nuveen Lifecycle 2015 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TCNIX | Class R6 | 0.37% | none |
| TCNHX | Class I | 0.45% | none |
| TCFPX | Premier Class | 0.52% | none |
| TCLIX | Retirement Class | 0.62% | 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.