TLBDX Fees and Costs — Nuveen Life Core Bond Fund
Data updated: 2026-08-27
The net expense ratio is 0.35%: a 0.30% management fee plus 0.11% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 86%.
TLBDX Fees and Expenses
Annual operating expenses and sales charges of TLBDX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | — |
| Other expenses | 0.11% |
| Gross expense ratio | 0.41% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.35% |
| 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 |
TLBDX Costs Over Time
On $10,000 invested in TLBDX, assuming 5% a year before costs, total costs come to $222 over 5 years, cutting the return by 0.37% 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 0.35%) | $37 | $115 | $202 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $121 | $222 |
| Value after costs | $10,463 | $11,455 | $12,541 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
TLBDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 86%
- Securities on loan, average value: $1.4M
- Net income from securities lending: $7K (0.003% of average net assets)
TLBDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust | $523.4M | 54.34% |
| BNY Mellon Capital Markets, LLC | $138.5M | 14.38% |
| Barclays Capital Inc. | $54.7M | 5.68% |
| J.P. MORGAN SECURITIES LLC | $49.9M | 5.19% |
| Wells Fargo Securities, LLC | $42.8M | 4.45% |
| Morgan Stanley & Co. LLC | $39.8M | 4.13% |
| Bank of Montreal | $35.3M | 3.66% |
| Citigroup Global Markets Inc. | $34.8M | 3.62% |
| Bank of America | $29.0M | 3.01% |
| BNP PARIBAS SECURITIES CORP. | $14.8M | 1.53% |
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.