Nuveen Lifecycle Index 2050 Fund R6 (TLLIX)
Nuveen Lifecycle Index 2050 Fund R6 operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $41.62, up 0.31% on the session, giving a market capitalisation of $9.38B. Its beta of 1.19 implies it has historically moved more than the broad market.
This portfolio functions as a "fund of funds," primarily directing its investments into other underlying vehicles. It allocates capital chiefly to Class W shares of funds managed by the same Trust, though it retains the flexibility to invest in other investment pools or products. A fundamental policy requires that at least 80% of its total assets (including any borrowed capital for investment purposes) be committed to underlying funds that aim to replicate the performance of specific market indices. Currently, the advisors anticipate channeling approximately 90.50% of the fund's holdings into equity-oriented underlying funds, with the remaining 9.50% directed towards fixed-income underlying funds.
Nuveen Lifecycle Index 2050 Fund R6 is most often compared with the following Financial Services names: