TLLVX Fees and Costs — Nuveen Life Large Cap Value Fund
Data updated: 2026-08-27
The net expense ratio is 0.52%: a 0.45% management fee plus 0.15% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $7K in broker commissions, 0.0087% of average net assets, and portfolio turnover was 27%.
TLLVX Fees and Expenses
Annual operating expenses and sales charges of TLLVX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | — |
| Other expenses | 0.15% |
| Gross expense ratio | 0.60% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.52% |
| 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 |
TLLVX Costs Over Time
On $10,000 invested in TLLVX, assuming 5% a year before costs, total costs come to $334 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 0.52%) | $55 | $171 | $298 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $9 | $30 |
| Total costs | $56 | $183 | $334 |
| Value after costs | $10,444 | $11,394 | $12,429 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
TLLVX 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): 0.0087%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $177.7M
- Portfolio turnover (prospectus): 27%
- Securities on loan, average value: $7K
- Net income from securities lending: $788 (0.001% of average net assets)
TLLVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $2K | 26.83% |
| Virtu Americas LLC | $2K | 22.63% |
| RBC Capital Markets, LLC | $1K | 18.67% |
| Goldman Sachs & Co. LLC | $975 | 13.15% |
| Morgan Stanley & Co. LLC | $898 | 12.12% |
| LIQUIDNET, INC. | $291 | 3.93% |
| Piper Sandler & Co. | $110 | 1.48% |
| COWEN AND COMPANY, LLC | $62 | 0.84% |
| Barclays Capital Inc. | $13 | 0.18% |
| Instinet, LLC | $13 | 0.18% |
TLLVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust | $96.3M | 55.36% |
| BNY Mellon Capital Markets, LLC | $26.7M | 15.36% |
| Jefferies LLC | $12.0M | 6.91% |
| RBC Capital Markets, LLC | $8.6M | 4.93% |
| Morgan Stanley & Co. LLC | $7.1M | 4.07% |
| Virtu Americas LLC | $6.5M | 3.71% |
| Goldman Sachs & Co. LLC | $6.2M | 3.57% |
| Piper Jaffray & Co. | $4.0M | 2.29% |
| Barclays Capital Inc. | $4.0M | 2.28% |
| LIQUIDNET, INC. | $2.6M | 1.52% |
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.