TRLHX Fees and Costs — Nuveen Large Cap Value Fund, Class I
Data updated: 2026-09-25
The net expense ratio is 0.43%: a 0.39% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $768K in broker commissions, 0.0118% of average net assets, and portfolio turnover was 17%.
TRLHX Fees and Expenses
Annual operating expenses and sales charges of TRLHX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.43% |
| Fee waiver | — |
| Net expense ratio | 0.43% |
| 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 |
TRLHX Costs Over Time
On $10,000 invested in TRLHX, assuming 5% a year before costs, total costs come to $279 over 5 years, cutting the return by 0.46% 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 0.43%) | $45 | $142 | $247 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $46 | $153 | $279 |
| Value after costs | $10,454 | $11,423 | $12,483 |
| Impact on return, per year | 0.46% | 0.46% | 0.46% |
TRLHX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0118%
- Total broker commissions: $768K
- Bought from dealers (principal trades, not a cost): $7.7B
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $1.5M
- Net income from securities lending: $8K (0.000% of average net assets)
TRLHX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $229K | 29.91% |
| Virtu Americas LLC | $157K | 20.46% |
| RBC Capital Markets, LLC | $135K | 17.64% |
| Goldman Sachs & Co. LLC | $104K | 13.58% |
| Morgan Stanley & Co. LLC | $94K | 12.24% |
| LIQUIDNET, INC. | $13K | 1.64% |
| Piper Sandler & Co. | $12K | 1.60% |
| Barclays Capital Inc. | $12K | 1.60% |
| Bank of America | $6K | 0.72% |
| COWEN AND COMPANY, LLC | $5K | 0.61% |
TRLHX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $3.2B | 43.00% |
| JEFFERIES LLC | $824.8M | 11.07% |
| BNY Mellon Capital Markets, LLC | $760.2M | 10.21% |
| RBC Capital Markets, LLC | $669.2M | 8.98% |
| Virtu Americas, LLC | $508.4M | 6.83% |
| Morgan Stanley & Co. LLC | $468.1M | 6.28% |
| Goldman Sachs & Co. LLC | $456.7M | 6.13% |
| Piper Jaffrey & Co. | $353.2M | 4.74% |
| Cowen Holdings, Inc | $126.6M | 1.70% |
| Pershing LLC | $78.8M | 1.06% |
Nuveen Large Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TRLWX | Class W | 0.00% | none |
| TRLIX | Class R6 | 0.40% | none |
| TRLHX | Class I | 0.43% | none |
| TRCPX | Premier Class | 0.55% | none |
| TRLCX | Retirement Class | 0.65% | none |
| TCLCX | Class A | 0.74% | 5.75% |
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.