TLQIX Fees and Costs — Nuveen Lifecycle Index 2025 Fund, Class R6
Data updated: 2026-09-25
The net expense ratio is 0.10%: a 0.16% management fee plus 0.01% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $118K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 22%.
TLQIX Fees and Expenses
Annual operating expenses and sales charges of TLQIX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.16% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.18% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.10% |
| 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 |
TLQIX Costs Over Time
On $10,000 invested in TLQIX, assuming 5% a year before costs, total costs come to $65 over 5 years, cutting the return by 0.11% 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 0.10%) | $10 | $33 | $58 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $11 | $35 | $65 |
| Value after costs | $10,489 | $11,541 | $12,698 |
| Impact on return, per year | 0.11% | 0.11% | 0.11% |
TLQIX 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): 0.0020%
- Total broker commissions: $118K
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
TLQIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET EXECUTION SERVICES, LLC | $109K | 91.84% |
| BOFA SECURITIES, INC. | $5K | 4.50% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $4K | 3.66% |
TLQIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $791.8M | 42.19% |
| JANE STREET EXECUTION SERVICES, LLC | $681.8M | 36.33% |
| State Street Global Markets, LLC | $316.6M | 16.87% |
| Bank of America | $33.5M | 1.78% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $27.4M | 1.46% |
| Nomura Securities International, Inc. | $10.0M | 0.53% |
| MIZUHO SECURITIES, INC | $7.7M | 0.41% |
| Toronto Dominion Bank | $6.3M | 0.33% |
| Barclays Capital Inc. | $1.8M | 0.10% |
Nuveen Lifecycle Index 2025 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TLQIX | Class R6 | 0.10% | none |
| TLQHX | Class I | 0.18% | none |
| TLVPX | Premier Class | 0.25% | none |
| TLQRX | Retirement Class | 0.35% | 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.