Fund Evaluator:
Nuveen Lifecycle Index 2025 I (TLQHX)
Follow This Fund
Best Performing in Target-Date 2025 Over the Last Year
| 14.3% | Fidelity Advisor Freedom Blend 2025 Z (FJABX) |
| 13.7% | Fidelity Advisor Sust Trgt Dt 2025 Z (FSWVX) |
| 13.0% | Fidelity Advisor Freedom 2025 Z (FIJMX) |
| 12.9% | Fidelity Advisor Freedom 2025 I (FITWX) |
| 12.6% | Fidelity Freedom Index 2025 Investor (FQIFX) |
Fund Details
Nuveen Lifecycle Index 2025 I Overview
Nuveen Lifecycle Index 2025 I (TLQHX) is an actively managed Allocation Target-Date 2025 fund. Nuveen launched the fund in 2015.
The investment seeks high total return over time through a combination of capital appreciation and income. The fund is a "fund of funds" that invests in Class W shares of other funds of the Trust and potentially in other investment pools or investment products. It has a policy of investing at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in underlying funds that are managed to seek investment returns that track particular market indices. Advisors currently expects to allocate approximately 51.60% of the fund's assets to equity underlying funds and 48.40% of its assets to fixed-income underlying funds.
About Nuveen Lifecycle Index 2025 I (TLQHX)
There are 3 members of the management team with an average tenure of 8.50 years: Steve Sedmak (2018), Jeff Sun (2025), John Cunniff (2009). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Bloomberg US Agg Bond TR USD index with a weighting of 100%. Nuveen Lifecycle Index 2025 I has 9 securities in its portfolio. The top 10 holdings constitute 100.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Nuveen Lifecycle Index 2025 I is part of the Allocation global asset class and is within the Allocation fund group. Nuveen Lifecycle Index 2025 I has 26.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 32.1%. There is 16.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 50.7% (41.2% domestic bond, 9.5% foreign bond and 0.0% convertible bond). Nuveen Lifecycle Index 2025 I has 0.5% of the portfolio in cash.
Assets Under Management
The fund has $25 million in total assets, which is below the $1 billion average for the Target-Date 2025 category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
TLQHX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Nuveen Lifecycle Index 2025 I expense ratio is low compared to funds in the Target-Date 2025 category. Nuveen Lifecycle Index 2025 I has an expense ratio of 0.18%, which is 69% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Nuveen Lifecycle Index 2025 I has a portfolio turnover rate of 14%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 22% for the Target-Date 2025 category.
Recently, in the month of July 2026, Nuveen Lifecycle Index 2025 I returned -0.8%, which earned it a grade of C, as the Target-Date 2025 category had an average return of -0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Nuveen Lifecycle Index 2025 I has a trailing yield of 3.02%, which is above the 2.70% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Nuveen Lifecycle Index 2025 I Grades
Year to date, the fund has returned 5.8%, 0.2 percentage points better than the category, which translates into a grade of C. The fund has returned 12.6% over the past year (grade of B), 11.0% over the past three years (grade of A) and 5.6% per year over the past five years (grade of A) and 7.9% per year over the past 10 years (grade of A).
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TLQHX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TLQHX Return (NAV) | -0.8% | 1.8% | 12.6% | 11.0% | 5.6% | 7.9% |
| TLQHX Grade | C | A | B | A | A | A |
| +/- Category | -0.0% | 0.3% | 0.7% | 0.7% | 0.7% | 0.6% |
| Target-Date 2025 Avg | -0.7% | 1.5% | 11.9% | 10.3% | 4.9% | 7.3% |
| TLQHX Tax Cost Ratio | na | na | 1.8% | 1.5% | 1.3% | 1.0% |
TLQHX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TLQHX Return (NAV) | 5.8% | 14.5% | 9.4% | 14.0% | -15.1% | 10.0% | 13.8% | 19.5% | -4.5% | 15.3% | 7.3% |
| TLQHX Grade | C | B | A | A | B | D | B | B | A | C | C |
| +/- Category | 0.2% | 0.8% | 1.0% | 1.2% | 0.2% | -0.3% | 0.9% | 0.7% | 1.0% | -0.1% | 0.3% |
| Target-Date 2025 Avg | 5.6% | 13.7% | 8.3% | 12.9% | -15.3% | 10.3% | 13.0% | 18.8% | -5.5% | 15.4% | 7.0% |
| Risk Measures | |
| Standard Deviation: | 8.0% |
| Total Risk Index: | 0.65 - Below Average |
| Category Risk Index: | 1.00 - Average |
| Category Risk Grade: | C (57% Rank) |
| Beta: | 0.85 |
| R-Squared: | 98% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 3.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $5832 Mil |
| Fund Total Assets: | $ 25 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 14% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 16.8 years | |||
| Average Tenure: 8.5 years | |||
| Managers (Year): Cunniff John (2009), Sedmak Steve (2018), Sun Jeff (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 9 |
| % in Top 10 Holdings: | 100.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 26.2% |
Portfolio Allocation |
|
| Domestic Stock: | 32.1% |
| Foreign Stock: | 16.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 41.2% |
| Foreign Bond: | 9.5% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.5% |
Purchase Information
| Fund Family: | Nuveen |
| Phone Number: | 800-257-8787 |
| Website: | www.tiaa.org |
| Status: | Open |
| Inception Date: | December 4, 2015 |
| Min. Initial Purchase: | $100,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.18% ( Rating : Low ) |
| Category Average Expense Ratio (%): | 0.57% |
| Share Class: | Nuveen Lifecycle Index 2025 R6 |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
