TIAA-CREF Lifecycle Index’s glide path is based on the same research used for the original Lifecycle series, but holds a smaller line-up of mostly index funds as underlying holdings. Two share classes have low fees and earn a Morningstar Analyst Rating of Bronze. The more expensive share classes land at Neutral.
TIAA-CREF Lifecycle Index 2040 Instl TLZIX
NAV / 1-Day Return
27.02
/
0.56
%
Total Assets
5.7 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.100%
Expense Ratio
0.100%
Fee Level
Low
Longest Manager Tenure
11.60
years
Category
Target-Date 2040
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
High / ModerateStatus
Open
TTM Yield
1.52%
Turnover
11%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will TLZIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TLZIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the TLZIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of TLZIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A streamlined version of its original series.
