TCLNX Fees and Costs — Nuveen Lifecycle 2030 Fund, Retirement Class
Data updated: 2026-09-25
The net expense ratio is 0.65% (0.84% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $10K in broker commissions, 0.0002% of average net assets, and portfolio turnover was 28%.
TCLNX Fees and Expenses
Annual operating expenses and sales charges of TCLNX. 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 | 0.84% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.65% |
| 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 |
TCLNX Costs Over Time
On $10,000 invested in TCLNX, assuming 5% a year before costs, total costs come to $410 over 5 years, cutting the return by 0.68% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $11 | $37 |
| Total costs | $68 | $224 | $410 |
| Value after costs | $10,432 | $11,352 | $12,353 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
TCLNX 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: $10K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
TCLNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES INSTITUTIONAL LLC | $6K | 65.82% |
| JANE STREET EXECUTION SERVICES, LLC | $3K | 33.53% |
| BOFA SECURITIES, INC. | $62 | 0.65% |
TCLNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $560.6M | 52.44% |
| State Street Global Markets, LLC | $397.7M | 37.21% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $59.4M | 5.55% |
| JANE STREET EXECUTION SERVICES, LLC | $31.6M | 2.96% |
| Nomura Securities International, Inc. | $5.0M | 0.47% |
| MIZUHO SECURITIES, INC | $4.1M | 0.39% |
| Wells Fargo Securities, LLC | $4.0M | 0.38% |
| RBC CAPITAL MARKETS, LLC | $3.0M | 0.29% |
| UBS SECURITIES LLC | $2.9M | 0.27% |
| Bank of America | $584K | 0.05% |
Nuveen Lifecycle 2030 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TCRIX | Class R6 | 0.40% | none |
| TCHHX | Class I | 0.48% | none |
| TCHPX | Premier Class | 0.55% | none |
| TCLNX | Retirement Class | 0.65% | 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.