TTFRX Fees and Costs — Nuveen Lifecycle 2045 Fund, Retirement Class
Data updated: 2026-09-25
The net expense ratio is 0.68% (0.90% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $12K in broker commissions, 0.0003% of average net assets, and portfolio turnover was 26%.
TTFRX Fees and Expenses
Annual operating expenses and sales charges of TTFRX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 0.90% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.68% |
| 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 |
TTFRX Costs Over Time
On $10,000 invested in TTFRX, assuming 5% a year before costs, total costs come to $428 over 5 years, cutting the return by 0.71% 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 0.68%) | $71 | $224 | $389 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $235 | $428 |
| Value after costs | $10,429 | $11,342 | $12,335 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
TTFRX 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): 0.0003%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
TTFRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES INSTITUTIONAL LLC | $9K | 72.47% |
| JANE STREET EXECUTION SERVICES, LLC | $3K | 25.07% |
| BOFA SECURITIES, INC. | $292 | 2.46% |
TTFRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $749.7M | 56.88% |
| State Street Global Markets, LLC | $422.5M | 32.05% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $81.1M | 6.15% |
| JANE STREET EXECUTION SERVICES, LLC | $29.7M | 2.26% |
| Nomura Securities International, Inc. | $11.7M | 0.89% |
| Wells Fargo Securities, LLC | $6.3M | 0.48% |
| Barclays Capital Inc. | $5.4M | 0.41% |
| RBC CAPITAL MARKETS, LLC | $4.9M | 0.37% |
| MIZUHO SECURITIES, INC | $3.9M | 0.30% |
| Bank of America | $2.8M | 0.21% |
Nuveen Lifecycle 2045 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TTFIX | Class R6 | 0.43% | none |
| TTFHX | Class I | 0.51% | none |
| TTFPX | Premier Class | 0.58% | none |
| TTFRX | Retirement Class | 0.68% | 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.