TRETX Fees and Costs — Nuveen Lifecycle Index 2070 Fund, Retirement Class
Data updated: 2026-09-25
The net expense ratio is 0.35%: a 0.15% management fee plus 4.29% other expenses, less a 4.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $55 in broker commissions, 0.0009% of average net assets, and portfolio turnover was 23%.
TRETX Fees and Expenses
Annual operating expenses and sales charges of TRETX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 4.29% |
| Gross expense ratio | 4.44% |
| Fee waiver | −4.09% |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
TRETX Costs Over Time
On $10,000 invested in TRETX, 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 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $121 | $222 |
| Value after costs | $10,463 | $11,455 | $12,540 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
TRETX 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): 0.0009%
- Total broker commissions: $55
- Bought from dealers (principal trades, not a cost): $11.8M
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
TRETX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET EXECUTION SERVICES, LLC | $16 | 29.09% |
| Piper Jaffray & Co. | $11 | 20.00% |
| Loop Capital Markets LLC | $8 | 14.55% |
| Instinet, LLC | $8 | 14.55% |
| Cabrera Capital Markets LLC | $6 | 10.91% |
| LIQUIDNET, INC. | $3 | 5.45% |
| RBC CAPITAL MARKETS, LLC | $2 | 3.64% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $1 | 1.82% |
TRETX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $7.3M | 61.65% |
| BNY Mellon Capital Markets, LLC | $2.4M | 20.07% |
| Piper Jaffray & Co. | $565K | 4.80% |
| Instinet, LLC | $455K | 3.87% |
| LIQUIDNET, INC. | $371K | 3.16% |
| RBC CAPITAL MARKETS, LLC | $296K | 2.52% |
| Loop Capital Markets LLC | $191K | 1.62% |
| Cabrera Capital Markets LLC | $162K | 1.38% |
| JANE STREET EXECUTION SERVICES, LLC | $103K | 0.87% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $7K | 0.06% |
Nuveen Lifecycle Index 2070 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TLCLX | Class R6 | 0.10% | none |
| TLICX | Class I | 0.25% | none |
| TPREX | Premier Class | 0.25% | — |
| TRETX | Retirement Class | 0.35% | — |
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.