TCOIX Fees and Costs — Nuveen Lifecycle 2040 Fund, Class R6
Data updated: 2026-09-25
The net expense ratio is 0.42% (0.63% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $16K in broker commissions, 0.0003% of average net assets, and portfolio turnover was 25%.
TCOIX Fees and Expenses
Annual operating expenses and sales charges of TCOIX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.63% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.42% |
| 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 |
TCOIX Costs Over Time
On $10,000 invested in TCOIX, assuming 5% a year before costs, total costs come to $266 over 5 years, cutting the return by 0.44% 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 0.42%) | $44 | $138 | $242 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $145 | $266 |
| Value after costs | $10,456 | $11,431 | $12,497 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
TCOIX 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): 0.0003%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
TCOIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES INSTITUTIONAL LLC | $11K | 68.37% |
| JANE STREET EXECUTION SERVICES, LLC | $5K | 29.91% |
| BOFA SECURITIES, INC. | $280 | 1.72% |
TCOIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $887.9M | 54.04% |
| State Street Global Markets, LLC | $555.3M | 33.80% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $104.6M | 6.37% |
| JANE STREET EXECUTION SERVICES, LLC | $48.3M | 2.94% |
| Nomura Securities International, Inc. | $18.8M | 1.14% |
| Wells Fargo Securities, LLC | $7.5M | 0.46% |
| MIZUHO SECURITIES, INC | $6.1M | 0.37% |
| RBC CAPITAL MARKETS, LLC | $5.9M | 0.36% |
| Barclays Capital Inc. | $5.8M | 0.35% |
| Bank of America | $2.6M | 0.16% |
Nuveen Lifecycle 2040 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TCOIX | Class R6 | 0.42% | none |
| TCZHX | Class I | 0.50% | none |
| TCZPX | Premier Class | 0.57% | none |
| TCLOX | Retirement Class | 0.67% | 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.