Shareholder Report
May 31, 2025
USD ($)
Holding
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$10 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2025 Fund returned 9.42% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund performed in line with the Lifecycle Index 2025 Fund Composite Index, which returned 9.64%. • The Fund’s Composite Index consisted of: 37.9% Bloomberg U.S. Aggregate Bond Index; 32.6% Russell 3000® Index; 17.5% MSCI EAFE + Emerging Markets Index; 6.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 6.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
9.42 | % | 7.30 | % | 6.55 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2025 Fund Composite Index |
9.64 | % | 7.41 | % | 6.63 | % | ||||||
| S&P Target Date 2025 Index |
8.82 | % | 7.23 | % | 6.16 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 6,030,274,815 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 9,875,884 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2025 Fund returned 9.26% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2025 Fund Composite Index, which returned 9.64%. • The Fund’s Composite Index consisted of: 37.9% Bloomberg U.S. Aggregate Bond Index; 32.6% Russell 3000® Index; 17.5% MSCI EAFE + Emerging Markets Index; 6.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 6.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
9.26 | % | 7.15 | % | 6.40 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2025 Fund Composite Index |
9.64 | % | 7.41 | % | 6.63 | % | ||||||
| S&P Target Date 2025 Index |
8.82 | % | 7.23 | % | 6.16 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 6,030,274,815 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 9,875,884 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2025 Fund returned 9.13% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2025 Fund Composite Index, which returned 9.64%. • The Fund’s Composite Index consisted of: 37.9% Bloomberg U.S. Aggregate Bond Index; 32.6% Russell 3000® Index; 17.5% MSCI EAFE + Emerging Markets Index; 6.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 6.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
9.13 | % | 7.04 | % | 6.29 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2025 Fund Composite Index |
9.64 | % | 7.41 | % | 6.63 | % | ||||||
| S&P Target Date 2025 Index |
8.82 | % | 7.23 | % | 6.16 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 6,030,274,815 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 9,875,884 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$12 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2025 Fund returned 9.37% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2025 Fund Composite Index, which returned 9.64%. • The Fund’s Composite Index consisted of: 37.9% Bloomberg U.S. Aggregate Bond Index; 32.6% Russell 3000® Index; 17.5% MSCI EAFE + Emerging Markets Index; 6.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 6.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||
| Class I Shares at NAV |
9.37 | % | 7.21 | % | 7.10% | |||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00% | |||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60% | |||||
| Lifecycle Index 2025 Fund Composite Index |
9.64 | % | 7.41 | % | 7.28% | |||||
| S&P Target Date 2025 Index |
8.82 | % | 7.23 | % | 6.75% | |||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$6,030,274,815 | |||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ 9,875,884 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$11 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2030 Fund returned 10.01% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund performed in line with the Lifecycle Index 2030 Fund Composite Index, which returned 10.23%. • The Fund’s Composite Index consisted of: 37.8% Russell 3000® Index; 33.9% Bloomberg U.S. Aggregate Bond Index; 20.3% MSCI EAFE + Emerging Markets Index; 4.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 4.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
10.01 | % | 8.33 | % | 7.20 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2030 Fund Composite Index |
10.23 | % | 8.44 | % | 7.28 | % | ||||||
| S&P Target Date 2030 Index |
9.51 | % | 8.53 | % | 6.87 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 8,826,858,954 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 13,474,913 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2030 Fund returned 9.83% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2030 Fund Composite Index, which returned 10.23%. • The Fund’s Composite Index consisted of: 37.8% Russell 3000® Index; 33.9% Bloomberg U.S. Aggregate Bond Index; 20.3% MSCI EAFE + Emerging Markets Index; 4.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 4.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
9.83 | % | 8.17 | % | 7.03 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2030 Fund Composite Index |
10.23 | % | 8.44 | % | 7.28 | % | ||||||
| S&P Target Date 2030 Index |
9.51 | % | 8.53 | % | 6.87 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 8,826,858,954 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 13,474,913 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2030 Fund returned 9.71% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2030 Fund Composite Index, which returned 10.23%. • The Fund’s Composite Index consisted of: 37.8% Russell 3000® Index; 33.9% Bloomberg U.S. Aggregate Bond Index; 20.3% MSCI EAFE + Emerging Markets Index; 4.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 4.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
9.71 | % | 8.07 | % | 6.93 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2030 Fund Composite Index |
10.23 | % | 8.44 | % | 7.28 | % | ||||||
| S&P Target Date 2030 Index |
9.51 | % | 8.53 | % | 6.87 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 8,826,858,954 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 13,474,913 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$12 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2030 Fund returned 9.96% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2030 Fund Composite Index, which returned 10.23%. • The Fund’s Composite Index consisted of: 37.8% Russell 3000® Index; 33.9% Bloomberg U.S. Aggregate Bond Index; 20.3% MSCI EAFE + Emerging Markets Index; 4.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 4.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||
| Class I Shares at NAV |
9.96 | % | 8.24 | % | 7.81% | |||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00% | |||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60% | |||||
| Lifecycle Index 2030 Fund Composite Index |
10.23 | % | 8.44 | % | 7.99% | |||||
| S&P Target Date 2030 Index |
9.51 | % | 8.53 | % | 7.53% | |||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$8,826,858,954 | |||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ 13,474,913 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$12 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2035 Fund returned 10.56% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2035 Fund Composite Index, which returned 10.86%. • The Fund’s Composite Index consisted of: 43.0% Russell 3000® Index; 29.8% Bloomberg U.S. Aggregate Bond Index; 23.2% MSCI EAFE + Emerging Markets Index; 2.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 2.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||
| Class I Shares at NAV |
10.56 | % | 9.38 | % | 8.57% | |||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00% | |||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60% | |||||
| Lifecycle Index 2035 Fund Composite Index |
10.86 | % | 9.60 | % | 8.75% | |||||
| S&P Target Date 2035 Index |
10.24 | % | 9.95 | % | 8.34% | |||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$9,649,276,577 | |||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ 14,023,410 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$11 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2035 Fund returned 10.57% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2035 Fund Composite Index, which returned 10.86%. • The Fund’s Composite Index consisted of: 43.0% Russell 3000® Index; 29.8% Bloomberg U.S. Aggregate Bond Index; 23.2% MSCI EAFE + Emerging Markets Index; 2.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 2.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
10.57 | % | 9.47 | % | 7.88 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2035 Fund Composite Index |
10.86 | % | 9.60 | % | 7.95 | % | ||||||
| S&P Target Date 2035 Index |
10.24 | % | 9.95 | % | 7.61 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 9,649,276,577 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 14,023,410 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2035 Fund returned 10.45% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2035 Fund Composite Index, which returned 10.86%. • The Fund’s Composite Index consisted of: 43.0% Russell 3000® Index; 29.8% Bloomberg U.S. Aggregate Bond Index; 23.2% MSCI EAFE + Emerging Markets Index; 2.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 2.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
10.45 | % | 9.30 | % | 7.71 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2035 Fund Composite Index |
10.86 | % | 9.60 | % | 7.95 | % | ||||||
| S&P Target Date 2035 Index |
10.24 | % | 9.95 | % | 7.61 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 9,649,276,577 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 14,023,410 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2035 Fund returned 10.34% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2035 Fund Composite Index, which returned 10.86%. • The Fund’s Composite Index consisted of: 43.0% Russell 3000® Index; 29.8% Bloomberg U.S. Aggregate Bond Index; 23.2% MSCI EAFE + Emerging Markets Index; 2.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 2.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
10.34 | % | 9.19 | % | 7.60 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2035 Fund Composite Index |
10.86 | % | 9.60 | % | 7.95 | % | ||||||
| S&P Target Date 2035 Index |
10.24 | % | 9.95 | % | 7.61 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 9,649,276,577 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 14,023,410 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$11 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2040 Fund returned 11.44% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2040 Fund Composite Index, which returned 11.72%. • The Fund’s Composite Index consisted of: 50.8% Russell 3000® Index; 27.3% MSCI EAFE + Emerging Markets Index; and 21.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
11.44 | % | 10.80 | % | 8.61 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2040 Fund Composite Index |
11.72 | % | 10.94 | % | 8.70 | % | ||||||
| S&P Target Date 2040 Index |
10.87 | % | 11.07 | % | 8.19 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 10,206,947,097 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ | 14,334,217 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2040 Fund returned 11.28% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2040 Fund Composite Index, which returned 11.72%. • The Fund’s Composite Index consisted of: 50.8% Russell 3000® Index; 27.3% MSCI EAFE + Emerging Markets Index; and 21.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
11.28 | % | 10.64 | % | 8.45 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2040 Fund Composite Index |
11.72 | % | 10.94 | % | 8.70 | % | ||||||
| S&P Target Date 2040 Index |
10.87 | % | 11.07 | % | 8.19 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 10,206,947,097 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ | 14,334,217 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2040 Fund returned 11.18% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2040 Fund Composite Index, which returned 11.72%. • The Fund’s Composite Index consisted of: 50.8% Russell 3000® Index; 27.3% MSCI EAFE + Emerging Markets Index; and 21.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
11.18 | % | 10.53 | % | 8.35 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2040 Fund Composite Index |
11.72 | % | 10.94 | % | 8.70 | % | ||||||
| S&P Target Date 2040 Index |
10.87 | % | 11.07 | % | 8.19 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 10,206,947,097 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ | 14,334,217 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$12 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2040 Fund returned 11.46% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2040 Fund Composite Index, which returned 11.72%. • The Fund’s Composite Index consisted of: 50.8% Russell 3000® Index; 27.3% MSCI EAFE + Emerging Markets Index; and 21.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||
| Class I Shares at NAV |
11.46 | % | 10.72 | % | 9.39% | |||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00% | |||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60% | |||||
| Lifecycle Index 2040 Fund Composite Index |
11.72 | % | 10.94 | % | 9.57% | |||||
| S&P Target Date 2040 Index |
10.87 | % | 11.07 | % | 8.97% | |||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$10,206,947,097 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ 14,334,217 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$12 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2045 Fund returned 12.04% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2045 Fund Composite Index, which returned 12.31%. • The Fund’s Composite Index consisted of: 56.0% Russell 3000® Index; 30.1% MSCI EAFE + Emerging Markets Index; and 13.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||
| Class I Shares at NAV |
12.04 | % | 11.77 | % | 9.95% | |||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00% | |||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60% | |||||
| Lifecycle Index 2045 Fund Composite Index |
12.31 | % | 11.99 | % | 10.15% | |||||
| S&P Target Date 2045 Index |
11.33 | % | 11.80 | % | 9.37% | |||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$8,792,581,032 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ 12,090,250 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$11 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2045 Fund returned 12.05% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2045 Fund Composite Index, which returned 12.31%. • The Fund’s Composite Index consisted of: 56.0% Russell 3000® Index; 30.1% MSCI EAFE + Emerging Markets Index; and 13.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
12.05 | % | 11.86 | % | 9.16 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2045 Fund Composite Index |
12.31 | % | 11.99 | % | 9.24 | % | ||||||
| S&P Target Date 2045 Index |
11.33 | % | 11.80 | % | 8.56 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 8,792,581,032 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ | 12,090,250 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2045 Fund returned 11.86% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2045 Fund Composite Index, which returned 12.31%. • The Fund’s Composite Index consisted of: 56.0% Russell 3000® Index; 30.1% MSCI EAFE + Emerging Markets Index; and 13.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
11.86 | % | 11.70 | % | 8.99 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2045 Fund Composite Index |
12.31 | % | 11.99 | % | 9.24 | % | ||||||
| S&P Target Date 2045 Index |
11.33 | % | 11.80 | % | 8.56 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 8,792,581,032 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ | 12,090,250 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2045 Fund returned 11.77% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2045 Fund Composite Index, which returned 12.31%. • The Fund’s Composite Index consisted of: 56.0% Russell 3000® Index; 30.1% MSCI EAFE + Emerging Markets Index; and 13.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
11.77 | % | 11.58 | % | 8.88 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2045 Fund Composite Index |
12.31 | % | 11.99 | % | 9.24 | % | ||||||
| S&P Target Date 2045 Index |
11.33 | % | 11.80 | % | 8.56 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 8,792,581,032 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ | 12,090,250 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$52 | 0.50% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2055 Fund returned 9.25% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2055 Fund Composite Index, which returned 12.76%. • The Fund’s Composite Index consisted of: 59.3% Russell 3000® Index; 32.0% MSCI All Country World Index ex USA Investable Market Index; and 8.7% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
9.25 | % | 11.49 | % | 8.56 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2055 Fund Composite Index |
12.76 | % | 12.57 | % | 9.57 | % | ||||||
| S&P Target Date 2055 Index |
11.61 | % | 12.27 | % | 8.83 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 1,854,725,709 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
19% | |||
| Total management fees paid for the year |
$ | 7,594,169 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$26 | 0.25% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2055 Fund returned 9.53% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2055 Fund Composite Index, which returned 12.76%. • The Fund’s Composite Index consisted of: 59.3% Russell 3000® Index; 32.0% MSCI All Country World Index ex USA Investable Market Index; and 8.7% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
9.53 | % | 11.76 | % | 8.83 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2055 Fund Composite Index |
12.76 | % | 12.57 | % | 9.57 | % | ||||||
| S&P Target Date 2055 Index |
11.61 | % | 12.27 | % | 8.83 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 1,854,725,709 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
19% | |||
| Total management fees paid for the year |
$ | 7,594,169 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$42 | 0.40% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2055 Fund returned 9.41% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2055 Fund Composite Index, which returned 12.76%. • The Fund’s Composite Index consisted of: 59.3% Russell 3000® Index; 32.0% MSCI All Country World Index ex USA Investable Market Index; and 8.7% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
9.41 | % | 11.60 | % | 8.67 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2055 Fund Composite Index |
12.76 | % | 12.57 | % | 9.57 | % | ||||||
| S&P Target Date 2055 Index |
11.61 | % | 12.27 | % | 8.83 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 1,854,725,709 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
19% | |||
| Total management fees paid for the year |
$ | 7,594,169 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$29 | 0.28% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2055 Fund returned 9.54% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2055 Fund Composite Index, which returned 12.76%. • The Fund’s Composite Index consisted of: 59.3% Russell 3000® Index; 32.0% MSCI All Country World Index ex USA Investable Market Index; and 8.7% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
9.54 | % | 11.71 | % | 9.67 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2055 Fund Composite Index |
12.76 | % | 12.57 | % | 10.51 | % | ||||||
| S&P Target Date 2055 Index |
11.61 | % | 12.27 | % | 9.68 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 1,854,725,709 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
19% | |||
| Total management fees paid for the year |
$ | 7,594,169 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$10 | 0.10% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Aggressive Growth Fund returned 9.76% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Aggressive Growth Fund Composite Index, which returned 13.43%. • The Fund’s Composite Index consisted of: 65.0% Russell 3000® Index; and 35.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
9.76 | % | 12.49 | % | 9.16 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Aggressive Growth Fund Composite Index |
13.43 | % | 13.74 | % | 10.13 | % | ||||||
| Morningstar Aggressive Target Risk Index |
13.29 | % | 12.22 | % | 8.77 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 243,194,466 | ||
| Total number of portfolio holdings |
13 | |||
| Portfolio turnover (%) |
16% | |||
| Total management fees paid for the year |
$ | 250,898 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$11 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2050 Fund returned 12.30% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2050 Fund Composite Index, which returned 12.60%. • The Fund’s Composite Index consisted of: 58.5% Russell 3000® Index; 31.5% MSCI EAFE + Emerging Markets Index; and 10.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
12.30 | % | 12.17 | % | 9.34 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2050 Fund Composite Index |
12.60 | % | 12.31 | % | 9.42 | % | ||||||
| S&P Target Date 2050 Index |
11.41 | % | 12.12 | % | 8.75 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$7,598,502,604 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ 10,284,015 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$27 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2050 Fund returned 12.13% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2050 Fund Composite Index, which returned 12.60%. • The Fund’s Composite Index consisted of: 58.5% Russell 3000® Index; 31.5% MSCI EAFE + Emerging Markets Index; and 10.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
12.13 | % | 12.01 | % | 9.18 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2050 Fund Composite Index |
12.60 | % | 12.31 | % | 9.42 | % | ||||||
| S&P Target Date 2050 Index |
11.41 | % | 12.12 | % | 8.75 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$7,598,502,604 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ 10,284,015 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2050 Fund returned 12.04% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2050 Fund Composite Index, which returned 12.60%. • The Fund’s Composite Index consisted of: 58.5% Russell 3000® Index; 31.5% MSCI EAFE + Emerging Markets Index; and 10.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
12.04 | % | 11.89 | % | 9.07 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2050 Fund Composite Index |
12.60 | % | 12.31 | % | 9.42 | % | ||||||
| S&P Target Date 2050 Index |
11.41 | % | 12.12 | % | 8.75 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$7,598,502,604 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ 10,284,015 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$12 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2050 Fund returned 12.29% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2050 Fund Composite Index, which returned 12.60%. • The Fund’s Composite Index consisted of: 58.5% Russell 3000® Index; 31.5% MSCI EAFE + Emerging Markets Index; and 10.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
12.29 | % | 12.08 | % | 10.16 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle Index 2050 Fund Composite Index |
12.60 | % | 12.31 | % | 10.34 | % | ||||||
| S&P Target Date 2050 Index |
11.41 | % | 12.12 | % | 9.58 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 7,598,502,604 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ | 10,284,015 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2055 Fund returned 12.10% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2055 Fund Composite Index, which returned 12.70%. • The Fund’s Composite Index consisted of: 59.3% Russell 3000® Index; 32.0% MSCI EAFE + Emerging Markets Index; and 8.7% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
12.10 | % | 12.07 | % | 9.18 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2055 Fund Composite Index |
12.70 | % | 12.49 | % | 9.54 | % | ||||||
| S&P Target Date 2055 Index |
11.61 | % | 12.27 | % | 8.83 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$4,768,659,573 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ 6,304,188 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$11 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2055 Fund returned 12.41% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2055 Fund Composite Index, which returned 12.70%. • The Fund’s Composite Index consisted of: 59.3% Russell 3000® Index; 32.0% MSCI EAFE + Emerging Markets Index; and 8.7% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
12.41 | % | 12.35 | % | 9.46 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2055 Fund Composite Index |
12.70 | % | 12.49 | % | 9.54 | % | ||||||
| S&P Target Date 2055 Index |
11.61 | % | 12.27 | % | 8.83 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$4,768,659,573 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ 6,304,188 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$27 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2055 Fund returned 12.22% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2055 Fund Composite Index, which returned 12.70%. • The Fund’s Composite Index consisted of: 59.3% Russell 3000® Index; 32.0% MSCI EAFE + Emerging Markets Index; and 8.7% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
12.22 | % | 12.19 | % | 9.30 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2055 Fund Composite Index |
12.70 | % | 12.49 | % | 9.54 | % | ||||||
| S&P Target Date 2055 Index |
11.61 | % | 12.27 | % | 8.83 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$4,768,659,573 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ 6,304,188 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$12 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2055 Fund returned 12.37% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2055 Fund Composite Index, which returned 12.70%. • The Fund’s Composite Index consisted of: 59.3% Russell 3000® Index; 32.0% MSCI EAFE + Emerging Markets Index; and 8.7% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
12.37 | % | 12.26 | % | 10.29 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle Index 2055 Fund Composite Index |
12.70 | % | 12.49 | % | 10.47 | % | ||||||
| S&P Target Date 2055 Index |
11.61 | % | 12.27 | % | 9.68 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 4,768,659,573 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ | 6,304,188 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$21 | 0.20% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Aggressive Growth Fund returned 9.59% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Aggressive Growth Fund Composite Index, which returned 13.43%. • The Fund’s Composite Index consisted of: 65.0% Russell 3000® Index; and 35.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception |
||||||||||
| Class I Shares at NAV |
9.59 | % | 12.39 | % | 9.99 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifestyle Aggressive Growth Fund Composite Index |
13.43 | % | 13.74 | % | 11.15 | % | ||||||
| Morningstar Aggressive Target Risk Index |
13.29 | % | 12.22 | % | 9.86 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 243,194,466 | |||
| Total number of portfolio holdings |
13 | ||||
| Portfolio turnover (%) |
16% | ||||
| Total management fees paid for the year |
$ | 250,898 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Aggressive Growth Fund returned 9.59% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Aggressive Growth Fund Composite Index, which returned 13.43%. • The Fund’s Composite Index consisted of: 65.0% Russell 3000® Index; and 35.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1-Year | 5-Year | 10-Year | ||||||||||
| Premier Class Shares at NAV |
9.59 | % | 12.32 | % | 9.00 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Aggressive Growth Fund Composite Index |
13.43 | % | 13.74 | % | 10.13 | % | ||||||
| Morningstar Aggressive Target Risk Index |
13.29 | % | 12.22 | % | 8.77 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 243,194,466 | ||
| Total number of portfolio holdings |
13 | |||
| Portfolio turnover (%) |
16% | |||
| Total management fees paid for the year |
$ | 250,898 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class A Shares |
$45 | 0.43% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Aggressive Growth Fund returned 9.37% for Class A Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund significantly underperformed the Lifestyle Aggressive Growth Fund Composite Index, which returned 13.43%. • The Fund’s Composite Index consisted of: 65.0% Russell 3000® Index; and 35.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1-Year | 5-Year | 10-Year | ||||||||||
| Class A Shares at NAV (excluding maximum sales charge) |
9.37 | % | 12.17 | % | 8.83 | % | ||||||
| Class A at maximum sales charge (Offering Price) |
3.08 | % | 10.85 | % | 8.19 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Aggressive Growth Fund Composite Index |
13.43 | % | 13.74 | % | 10.13 | % | ||||||
| Morningstar Aggressive Target Risk Index |
13.29 | % | 12.22 | % | 8.77 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 243,194,466 | |||
| Total number of portfolio holdings |
13 | ||||
| Portfolio turnover (%) |
16% | ||||
| Total management fees paid for the year |
$ | 250,898 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Aggressive Growth Fund returned 9.49% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Aggressive Growth Fund Composite Index, which returned 13.43%. • The Fund’s Composite Index consisted of: 65.0% Russell 3000® Index; and 35.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
9.49 | % | 12.22 | % | 8.89 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Aggressive Growth Fund Composite Index |
13.43 | % | 13.74 | % | 10.13 | % | ||||||
| Morningstar Aggressive Target Risk Index |
13.29 | % | 12.22 | % | 8.77 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 243,194,466 | |||
| Total number of portfolio holdings |
13 | ||||
| Portfolio turnover (%) |
16% | ||||
| Total management fees paid for the year |
$ | 250,898 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$10 | 0.10% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Conservative Fund returned 7.50% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Conservative Fund Composite Index, which returned 8.78%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 20.0% Bloomberg U.S. 1‑3 Year Government/Credit Bond Index; and 14.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
7.50 | % | 5.70 | % | 5.11 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Conservative Fund Composite Index |
8.78 | % | 5.46 | % | 5.19 | % | ||||||
| Morningstar Moderately Conservative Target Risk Index |
9.01 | % | 4.95 | % | 4.98 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 308,475,297 | |||
| Total number of portfolio holdings |
16 | ||||
| Portfolio turnover (%) |
13% | ||||
| Total management fees paid for the year |
$ | 311,490 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Conservative Fund returned 7.39% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Conservative Fund Composite Index, which returned 8.78%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 20.0% Bloomberg U.S. 1‑3 Year Government/Credit Bond Index; and 14.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
7.39 | % | 5.53 | % | 4.95 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Conservative Fund Composite Index |
8.78 | % | 5.46 | % | 5.19 | % | ||||||
| Morningstar Moderately Conservative Target Risk Index |
9.01 | % | 4.95 | % | 4.98 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 308,475,297 | |||
| Total number of portfolio holdings |
16 | ||||
| Portfolio turnover (%) |
13% | ||||
| Total management fees paid for the year |
$ | 311,490 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class A Shares |
$41 | 0.40% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Conservative Fund returned 7.20% for Class A Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Conservative Fund Composite Index, which returned 8.78%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 20.0% Bloomberg U.S. 1‑3 Year Government/Credit Bond Index; and 14.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class A Shares at NAV (excluding maximum sales charge) |
7.20 | % | 5.40 | % | 4.82 | % | ||||||
| Class A at maximum sales charge (Offering Price) |
1.03 | % | 4.16 | % | 4.20 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Conservative Fund Composite Index |
8.78 | % | 5.46 | % | 5.19 | % | ||||||
| Morningstar Moderately Conservative Target Risk Index |
9.01 | % | 4.95 | % | 4.98 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 308,475,297 | |||
| Total number of portfolio holdings |
16 | ||||
| Portfolio turnover (%) |
13% | ||||
| Total management fees paid for the year |
$ | 311,490 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$36 | 0.35% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Conservative Fund returned 7.24% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Conservative Fund Composite Index, which returned 8.78%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 20.0% Bloomberg U.S. 1‑3 Year Government/Credit Bond Index; and 14.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
7.24 | % | 5.44 | % | 4.86 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Conservative Fund Composite Index |
8.78 | % | 5.46 | % | 5.19 | % | ||||||
| Morningstar Moderately Conservative Target Risk Index |
9.01 | % | 4.95 | % | 4.98 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 308,475,297 | |||
| Total number of portfolio holdings |
16 | ||||
| Portfolio turnover (%) |
13% | ||||
| Total management fees paid for the year |
$ | 311,490 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$19 | 0.18% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Conservative Fund returned 7.43% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Conservative Fund Composite Index, which returned 8.78%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 20.0% Bloomberg U.S. 1‑3 Year Government/Credit Bond Index; and 14.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception |
||||||||||
| Class I Shares at NAV |
7.43 | % | 5.59 | % | 5.48 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifestyle Conservative Fund Composite Index |
8.78 | % | 5.46 | % | 5.65 | % | ||||||
| Morningstar Moderately Conservative Target Risk Index |
9.01 | % | 4.95 | % | 5.46 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 308,475,297 | |||
| Total number of portfolio holdings |
16 | ||||
| Portfolio turnover (%) |
13% | ||||
| Total management fees paid for the year |
$ | 311,490 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Growth Fund returned 8.77% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Growth Fund Composite Index, which returned 11.87%. • The Fund’s Composite Index consisted of: 52.0% Russell 3000® Index; 28.0% MSCI All Country World Index ex USA Investable Market Index; and 20.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. » A position in the Nuveen Core Plus Bond Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
8.77 | % | 9.97 | % | 7.69 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Growth Fund Composite Index |
11.87 | % | 10.80 | % | 8.52 | % | ||||||
| Morningstar Moderately Aggressive Target Risk Index |
11.96 | % | 10.07 | % | 7.72 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 304,177,350 | |||
| Total number of portfolio holdings |
14 | ||||
| Portfolio turnover (%) |
15% | ||||
| Total management fees paid for the year |
$ | 309,006 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class A Shares |
$43 | 0.41% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Growth Fund returned 8.63% for Class A Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Growth Fund Composite Index, which returned 11.87%. • The Fund’s Composite Index consisted of: 52.0% Russell 3000® Index; 28.0% MSCI All Country World Index ex USA Investable Market Index; and 20.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. » A position in the Nuveen Core Plus Bond Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class A Shares at NAV (excluding maximum sales charge) |
8.63 | % | 9.80 | % | 7.54 | % | ||||||
| Class A at maximum sales charge (Offering Price) |
2.39 | % | 8.51 | % | 6.91 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Growth Fund Composite Index |
11.87 | % | 10.80 | % | 8.52 | % | ||||||
| Morningstar Moderately Aggressive Target Risk Index |
11.96 | % | 10.07 | % | 7.72 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 304,177,350 | |||
| Total number of portfolio holdings |
14 | ||||
| Portfolio turnover (%) |
15% | ||||
| Total management fees paid for the year |
$ | 309,006 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Growth Fund returned 8.71% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Growth Fund Composite Index, which returned 11.87%. • The Fund’s Composite Index consisted of: 52.0% Russell 3000® Index; 28.0% MSCI All Country World Index ex USA Investable Market Index; and 20.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. » A position in the Nuveen Core Plus Bond Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
8.71 | % | 9.84 | % | 7.57 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Growth Fund Composite Index |
11.87 | % | 10.80 | % | 8.52 | % | ||||||
| Morningstar Moderately Aggressive Target Risk Index |
11.96 | % | 10.07 | % | 7.72 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 304,177,350 | |||
| Total number of portfolio holdings |
14 | ||||
| Portfolio turnover (%) |
15% | ||||
| Total management fees paid for the year |
$ | 309,006 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$10 | 0.10% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Growth Fund returned 8.98% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Growth Fund Composite Index, which returned 11.87%. • The Fund’s Composite Index consisted of: 52.0% Russell 3000® Index; 28.0% MSCI All Country World Index ex USA Investable Market Index; and 20.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. » A position in the Nuveen Core Plus Bond Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
8.98 | % | 10.12 | % | 7.85 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Growth Fund Composite Index |
11.87 | % | 10.80 | % | 8.52 | % | ||||||
| Morningstar Moderately Aggressive Target Risk Index |
11.96 | % | 10.07 | % | 7.72 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 304,177,350 | |||
| Total number of portfolio holdings |
14 | ||||
| Portfolio turnover (%) |
15% | ||||
| Total management fees paid for the year |
$ | 309,006 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$18 | 0.17% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Growth Fund returned 8.94% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Growth Fund Composite Index, which returned 11.87%. • The Fund’s Composite Index consisted of: 52.0% Russell 3000® Index; 28.0% MSCI All Country World Index ex USA Investable Market Index; and 20.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. » A position in the Nuveen Core Plus Bond Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception |
||||||||||
| Class I Shares at NAV |
8.94 | % | 10.03 | % | 8.53 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifestyle Growth Fund Composite Index |
11.87 | % | 10.80 | % | 9.35 | % | ||||||
| Morningstar Moderately Aggressive Target Risk Index |
11.96 | % | 10.07 | % | 8.66 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 304,177,350 | |||
| Total number of portfolio holdings |
14 | ||||
| Portfolio turnover (%) |
15% | ||||
| Total management fees paid for the year |
$ | 309,006 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$10 | 0.10% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Income Fund returned 6.84% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Income Fund Composite Index, which returned 7.26%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 40.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; 13.0% Russell 3000® Index; and 7.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » Positions in the Nuveen Core Plus Bond Fund and the Nuveen Core Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1-Year | 5-Year | 10-Year | ||||||||||
| Class R6 Shares at NAV |
6.84 | % | 3.63 | % | 3.67 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Income Fund Composite Index |
7.26 | % | 3.02 | % | 3.47 | % | ||||||
| Morningstar Conservative Target Risk Index |
7.35 | % | 2.11 | % | 3.16 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 75,506,081 | |||
| Total number of portfolio holdings |
16 | ||||
| Portfolio turnover (%) |
16% | ||||
| Total management fees paid for the year |
$ | 75,659 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Income Fund returned 6.72% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Income Fund Composite Index, which returned 7.26%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 40.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; 13.0% Russell 3000® Index; and 7.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » Positions in the Nuveen Core Plus Bond Fund and the Nuveen Core Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
6.72 | % | 3.49 | % | 3.52 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Income Fund Composite Index |
7.26 | % | 3.02 | % | 3.47 | % | ||||||
| Morningstar Conservative Target Risk Index |
7.35 | % | 2.11 | % | 3.16 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 75,506,081 | |||
| Total number of portfolio holdings |
16 | ||||
| Portfolio turnover (%) |
16% | ||||
| Total management fees paid for the year |
$ | 75,659 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$19 | 0.18% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Moderate Fund returned 8.13% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Moderate Fund Composite Index, which returned 10.29%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 39.0% Russell 3000® Index; and 21.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception |
||||||||||
| Class I Shares at NAV |
8.13 | % | 7.63 | % | 7.04 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifestyle Moderate Fund Composite Index |
10.29 | % | 7.85 | % | 7.49 | % | ||||||
| Morningstar Moderate Target Risk Index |
10.52 | % | 7.42 | % | 7.04 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 557,266,562 | |||
| Total number of portfolio holdings |
14 | ||||
| Portfolio turnover (%) |
14% | ||||
| Total management fees paid for the year |
$ | 568,729 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class A Shares |
$41 | 0.40% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Income Fund returned 6.52% for Class A Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Income Fund Composite Index, which returned 7.26%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 40.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; 13.0% Russell 3000® Index; and 7.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » Positions in the Nuveen Core Plus Bond Fund and the Nuveen Core Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class A Shares at NAV (excluding maximum sales charge) |
6.52 | % | 3.35 | % | 3.38 | % | ||||||
| Class A at maximum sales charge (Offering Price) |
0.38 | % | 2.14 | % | 2.77 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Income Fund Composite Index |
7.26 | % | 3.02 | % | 3.47 | % | ||||||
| Morningstar Conservative Target Risk Index |
7.35 | % | 2.11 | % | 3.16 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 75,506,081 | |||
| Total number of portfolio holdings |
16 | ||||
| Portfolio turnover (%) |
16% | ||||
| Total management fees paid for the year |
$ | 75,659 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$36 | 0.35% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Income Fund returned 6.56% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Income Fund Composite Index, which returned 7.26%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 40.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; 13.0% Russell 3000® Index; and 7.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » Positions in the Nuveen Core Plus Bond Fund and the Nuveen Core Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
6.56 | % | 3.37 | % | 3.41 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Income Fund Composite Index |
7.26 | % | 3.02 | % | 3.47 | % | ||||||
| Morningstar Conservative Target Risk Index |
7.35 | % | 2.11 | % | 3.16 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 75,506,081 | |||
| Total number of portfolio holdings |
16 | ||||
| Portfolio turnover (%) |
16% | ||||
| Total management fees paid for the year |
$ | 75,659 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$21 | 0.20% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Income Fund returned 6.67% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Income Fund Composite Index, which returned 7.26%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 40.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; 13.0% Russell 3000® Index; and 7.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » Positions in the Nuveen Core Plus Bond Fund and the Nuveen Core Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception |
||||||||||
| Class I Shares at NAV |
6.67 | % | 3.56 | % | 3.91 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifestyle Income Fund Composite Index |
7.26 | % | 3.02 | % | 3.74 | % | ||||||
| Morningstar Conservative Target Risk Index |
7.35 | % | 2.11 | % | 3.47 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 75,506,081 | |||
| Total number of portfolio holdings |
16 | ||||
| Portfolio turnover (%) |
16% | ||||
| Total management fees paid for the year |
$ | 75,659 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$10 | 0.10% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Moderate Fund returned 8.21% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Moderate Fund Composite Index, which returned 10.29%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 39.0% Russell 3000® Index; and 21.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
8.21 | % | 7.73 | % | 6.51 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Moderate Fund Composite Index |
10.29 | % | 7.85 | % | 6.85 | % | ||||||
| Morningstar Moderate Target Risk Index |
10.52 | % | 7.42 | % | 6.34 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 557,266,562 | |||
| Total number of portfolio holdings |
14 | ||||
| Portfolio turnover (%) |
14% | ||||
| Total management fees paid for the year |
$ | 568,729 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Moderate Fund returned 8.07% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Moderate Fund Composite Index, which returned 10.29%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 39.0% Russell 3000® Index; and 21.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
8.07 | % | 7.57 | % | 6.34 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Moderate Fund Composite Index |
10.29 | % | 7.85 | % | 6.85 | % | ||||||
| Morningstar Moderate Target Risk Index |
10.52 | % | 7.42 | % | 6.34 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 557,266,562 | ||
| Total number of portfolio holdings |
14 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 568,729 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class A Shares |
$43 | 0.41% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Moderate Fund returned 7.90% for Class A Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Moderate Fund Composite Index, which returned 10.29%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 39.0% Russell 3000® Index; and 21.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class A Shares at NAV (excluding maximum sales charge) |
7.90 | % | 7.42 | % | 6.21 | % | ||||||
| Class A at maximum sales charge (Offering Price) |
1.70 | % | 6.15 | % | 5.58 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Moderate Fund Composite Index |
10.29 | % | 7.85 | % | 6.85 | % | ||||||
| Morningstar Moderate Target Risk Index |
10.52 | % | 7.42 | % | 6.34 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 557,266,562 | |||
| Total number of portfolio holdings |
14 | ||||
| Portfolio turnover (%) |
14% | ||||
| Total management fees paid for the year |
$ | 568,729 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$36 | 0.35% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifestyle Moderate Fund returned 7.95% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifestyle Moderate Fund Composite Index, which returned 10.29%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 39.0% Russell 3000® Index; and 21.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
7.95 | % | 7.46 | % | 6.23 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifestyle Moderate Fund Composite Index |
10.29 | % | 7.85 | % | 6.85 | % | ||||||
| Morningstar Moderate Target Risk Index |
10.52 | % | 7.42 | % | 6.34 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 557,266,562 | |||
| Total number of portfolio holdings |
14 | ||||
| Portfolio turnover (%) |
14% | ||||
| Total management fees paid for the year |
$ | 568,729 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$26 | 0.25% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2060 Fund returned 9.59% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2060 Fund Composite Index, which returned 12.86%. • The Fund’s Composite Index consisted of: 60.1% Russell 3000® Index; 32.4% MSCI All Country World Index ex USA Investable Market Index; and 7.5% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
9.59 | % | 11.92 | % | 8.93 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2060 Fund Composite Index |
12.86 | % | 12.76 | % | 9.69 | % | ||||||
| S&P Target Date 2060 Index |
11.58 | % | 12.25 | % | 8.88 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 851,122,197 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
17% | |||
| Total management fees paid for the year |
$ | 3,347,998 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$42 | 0.40% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2060 Fund returned 9.40% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2060 Fund Composite Index, which returned 12.86%. • The Fund’s Composite Index consisted of: 60.1% Russell 3000® Index; 32.4% MSCI All Country World Index ex USA Investable Market Index; and 7.5% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
9.40 | % | 11.73 | % | 8.77 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2060 Fund Composite Index |
12.86 | % | 12.76 | % | 9.69 | % | ||||||
| S&P Target Date 2060 Index |
11.58 | % | 12.25 | % | 8.88 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 851,122,197 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
17% | |||
| Total management fees paid for the year |
$ | 3,347,998 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$52 | 0.50% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2060 Fund returned 9.31% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2060 Fund Composite Index, which returned 12.86%. • The Fund’s Composite Index consisted of: 60.1% Russell 3000® Index; 32.4% MSCI All Country World Index ex USA Investable Market Index; and 7.5% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
9.31 | % | 11.63 | % | 8.66 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2060 Fund Composite Index |
12.86 | % | 12.76 | % | 9.69 | % | ||||||
| S&P Target Date 2060 Index |
11.58 | % | 12.25 | % | 8.88 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 851,122,197 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
17% | |||
| Total management fees paid for the year |
$ | 3,347,998 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$31 | 0.30% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2060 Fund returned 9.54% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2060 Fund Composite Index, which returned 12.86%. • The Fund’s Composite Index consisted of: 60.1% Russell 3000® Index; 32.4% MSCI All Country World Index ex USA Investable Market Index; and 7.5% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
9.54 | % | 11.83 | % | 9.75 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2060 Fund Composite Index |
12.86 | % | 12.76 | % | 10.64 | % | ||||||
| S&P Target Date 2060 Index |
11.58 | % | 12.25 | % | 9.74 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 851,122,197 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
17% | |||
| Total management fees paid for the year |
$ | 3,347,998 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2060 Fund returned 12.18% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2060 Fund Composite Index, which returned 12.79%. • The Fund’s Composite Index consisted of: 60.1% Russell 3000® Index; 32.4% MSCI EAFE + Emerging Markets Index; and 7.5% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
12.18 | % | 12.24 | % | 9.31 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2060 Fund Composite Index |
12.79 | % | 12.67 | % | 9.66 | % | ||||||
| S&P Target Date 2060 Index |
11.58 | % | 12.25 | % | 8.88 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$2,790,148,930 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ 3,584,265 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$11 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2060 Fund returned 12.48% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2060 Fund Composite Index, which returned 12.79%. • The Fund’s Composite Index consisted of: 60.1% Russell 3000® Index; 32.4% MSCI EAFE + Emerging Markets Index; and 7.5% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
12.48 | % | 12.52 | % | 9.58 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2060 Fund Composite Index |
12.79 | % | 12.67 | % | 9.66 | % | ||||||
| S&P Target Date 2060 Index |
11.58 | % | 12.25 | % | 8.88 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$2,790,148,930 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ 3,584,265 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$27 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2060 Fund returned 12.32% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2060 Fund Composite Index, which returned 12.79%. • The Fund’s Composite Index consisted of: 60.1% Russell 3000® Index; 32.4% MSCI EAFE + Emerging Markets Index; and 7.5% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
12.32 | % | 12.36 | % | 9.41 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2060 Fund Composite Index |
12.79 | % | 12.67 | % | 9.66 | % | ||||||
| S&P Target Date 2060 Index |
11.58 | % | 12.25 | % | 8.88 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$2,790,148,930 | |||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ 3,584,265 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$12 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2060 Fund returned 12.44% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2060 Fund Composite Index, which returned 12.79%. • The Fund’s Composite Index consisted of: 60.1% Russell 3000® Index; 32.4% MSCI EAFE + Emerging Markets Index; and 7.5% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
12.44 | % | 12.42 | % | 10.41 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle Index 2060 Fund Composite Index |
12.79 | % | 12.67 | % | 10.60 | % | ||||||
| S&P Target Date 2060 Index |
11.58 | % | 12.25 | % | 9.74 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 2,790,148,930 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ | 3,584,265 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$41 | 0.39% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2065 Fund returned 9.41% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2065 Fund Composite Index, which returned 12.96%. • The Fund’s Composite Index consisted of: 61.0% Russell 3000® Index; 32.8% MSCI All Country World Index ex USA Investable Market Index; and 6.2% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | Since Inception | |||||||
| Premier Class Shares at NAV |
9.41 | % | 10.22 | % | ||||
| Russell 3000® Index |
13.12 | % | 13.79 | % | ||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (1.23 | )% | ||||
| Lifecycle 2065 Fund Composite Index |
12.96 | % | 11.38 | % | ||||
| S&P Target Date 2065+ Index |
11.78 | % | 11.18 | % | ||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 139,898,313 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
29% | |||
| Total management fees paid for the year |
$ | 478,665 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$27 | 0.26% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2065 Fund returned 9.63% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2065 Fund Composite Index, which returned 12.96%. • The Fund’s Composite Index consisted of: 61.0% Russell 3000® Index; 32.8% MSCI All Country World Index ex USA Investable Market Index; and 6.2% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | Since Inception | |||||||
| Class I Shares at NAV |
9.63 | % | 10.30 | % | ||||
| Russell 3000® Index |
13.12 | % | 13.79 | % | ||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (1.23 | )% | ||||
| Lifecycle 2065 Fund Composite Index |
12.96 | % | 11.38 | % | ||||
| S&P Target Date 2065+ Index |
11.78 | % | 11.18 | % | ||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 139,898,313 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
29% | |||
| Total management fees paid for the year |
$ | 478,665 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$25 | 0.24% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2065 Fund returned 9.56% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2065 Fund Composite Index, which returned 12.96%. • The Fund’s Composite Index consisted of: 61.0% Russell 3000® Index; 32.8% MSCI All Country World Index ex USA Investable Market Index; and 6.2% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | Since Inception | |||||||
| Class R6 Shares at NAV |
9.56 | % | 10.45 | % | ||||
| Russell 3000® Index |
13.12 | % | 13.79 | % | ||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (1.23 | )% | ||||
| Lifecycle 2065 Fund Composite Index |
12.96 | % | 11.38 | % | ||||
| S&P Target Date 2065+ Index |
11.78 | % | 11.18 | % | ||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 139,898,313 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
29% | |||
| Total management fees paid for the year |
$ | 478,665 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$51 | 0.49% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2065 Fund returned 9.35% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2065 Fund Composite Index, which returned 12.96%. • The Fund’s Composite Index consisted of: 61.0% Russell 3000® Index; 32.8% MSCI All Country World Index ex USA Investable Market Index; and 6.2% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | Since Inception | |||||||
| Retirement Class Shares at NAV |
9.35 | % | 10.23 | % | ||||
| Russell 3000® Index |
13.12 | % | 13.79 | % | ||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (1.23 | )% | ||||
| Lifecycle 2065 Fund Composite Index |
12.96 | % | 11.38 | % | ||||
| S&P Target Date 2065+ Index |
11.78 | % | 11.18 | % | ||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 139,898,313 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
29% | |||
| Total management fees paid for the year |
$ | 478,665 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$27 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2065 Fund returned 12.35% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2065 Fund Composite Index, which returned 12.89%. • The Fund’s Composite Index consisted of: 61.0% Russell 3000® Index; 32.8% MSCI EAFE + Emerging Markets Index; and 6.2% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | Since Inception | |||||||
| Premier Class Shares at NAV |
12.35 | % | 11.07 | % | ||||
| Russell 3000® Index |
13.12 | % | 13.79 | % | ||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (1.23 | )% | ||||
| Lifecycle Index 2065 Fund Composite Index |
12.89 | % | 11.32 | % | ||||
| S&P Target Date 2065+ Index |
11.78 | % | 11.18 | % | ||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 613,248,507 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ | 680,037 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2065 Fund returned 12.25% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2065 Fund Composite Index, which returned 12.89%. • The Fund’s Composite Index consisted of: 61.0% Russell 3000® Index; 32.8% MSCI EAFE + Emerging Markets Index; and 6.2% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | Since Inception | |||||||
| Retirement Class Shares at NAV |
12.25 | % | 10.89 | % | ||||
| Russell 3000® Index |
13.12 | % | 13.79 | % | ||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (1.23 | )% | ||||
| Lifecycle Index 2065 Fund Composite Index |
12.89 | % | 11.32 | % | ||||
| S&P Target Date 2065+ Index |
11.78 | % | 11.18 | % | ||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 613,248,507 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ | 680,037 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$12 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2065 Fund returned 12.54% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2065 Fund Composite Index, which returned 12.89%. • The Fund’s Composite Index consisted of: 61.0% Russell 3000® Index; 32.8% MSCI EAFE + Emerging Markets Index; and 6.2% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | Since Inception | |||||||
| Class I Shares at NAV |
12.54 | % | 11.17 | % | ||||
| Russell 3000® Index |
13.12 | % | 13.79 | % | ||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (1.23 | )% | ||||
| Lifecycle Index 2065 Fund Composite Index |
12.89 | % | 11.32 | % | ||||
| S&P Target Date 2065+ Index |
11.78 | % | 11.18 | % | ||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 613,248,507 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ | 680,037 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$11 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2065 Fund returned 12.54% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2065 Fund Composite Index, which returned 12.89%. • The Fund’s Composite Index consisted of: 61.0% Russell 3000® Index; 32.8% MSCI EAFE + Emerging Markets Index; and 6.2% Bloomberg U.S. Aggregate Bond Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | Since Inception | |||||||
| Class R6 Shares at NAV |
12.54 | % | 11.22 | % | ||||
| Russell 3000® Index |
13.12 | % | 13.79 | % | ||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (1.23 | )% | ||||
| Lifecycle Index 2065 Fund Composite Index |
12.89 | % | 11.32 | % | ||||
| S&P Target Date 2065+ Index |
11.78 | % | 11.18 | % | ||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 613,248,507 | ||
| Total number of portfolio holdings |
5 | |||
| Portfolio turnover (%) |
10% | |||
| Total management fees paid for the year |
$ | 680,037 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$53 | 0.51% | ||
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2040 Fund returned 8.74% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2040 Fund Composite Index, which returned 11.78%. • The Fund’s Composite Index consisted of: 50.8% Russell 3000® Index; 27.3% MSCI All Country World Index ex USA Investable Market Index; and 21.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
8.74 | % | 10.11 | % | 7.82 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2040 Fund Composite Index |
11.78 | % | 11.01 | % | 8.72 | % | ||||||
| S&P Target Date 2040 Index |
10.87 | % | 11.07 | % | 8.19 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$5,926,168,970 | |||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ 25,066,996 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$27 | 0.26% | ||
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2040 Fund returned 9.03% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2040 Fund Composite Index, which returned 11.78%. • The Fund’s Composite Index consisted of: 50.8% Russell 3000® Index; 27.3% MSCI All Country World Index ex USA Investable Market Index; and 21.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
9.03 | % | 10.39 | % | 8.09 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2040 Fund Composite Index |
11.78 | % | 11.01 | % | 8.72 | % | ||||||
| S&P Target Date 2040 Index |
10.87 | % | 11.07 | % | 8.19 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$5,926,168,970 | |||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ 25,066,996 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$43 | 0.41% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2040 Fund returned 8.80% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2040 Fund Composite Index, which returned 11.78%. • The Fund’s Composite Index consisted of: 50.8% Russell 3000® Index; 27.3% MSCI All Country World Index ex USA Investable Market Index; and 21.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
8.80 | % | 10.23 | % | 7.92 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2040 Fund Composite Index |
11.78 | % | 11.01 | % | 8.72 | % | ||||||
| S&P Target Date 2040 Index |
10.87 | % | 11.07 | % | 8.19 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 5,926,168,970 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 25,066,996 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$30 | 0.29% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2040 Fund returned 8.93% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2040 Fund Composite Index, which returned 11.78%. • The Fund’s Composite Index consisted of: 50.8% Russell 3000® Index; 27.3% MSCI All Country World Index ex USA Investable Market Index; and 21.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
8.93 | % | 10.31 | % | 8.86 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2040 Fund Composite Index |
11.78 | % | 11.01 | % | 9.61 | % | ||||||
| S&P Target Date 2040 Index |
10.87 | % | 11.07 | % | 8.97 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 5,926,168,970 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 25,066,996 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$55 | 0.53% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2030 Fund returned 7.89% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2030 Fund Composite Index, which returned 10.28%. • The Fund’s Composite Index consisted of: 37.8% Russell 3000® Index; 33.9% Bloomberg U.S. Aggregate Bond Index; 20.3% MSCI All Country World Index ex USA Investable Market Index; 4.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 4.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Holding the Nuveen Core Plus Bond Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » A position in the Nuveen Real Property Fund LP. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
7.89 | % | 7.85 | % | 6.56 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2030 Fund Composite Index |
10.28 | % | 8.50 | % | 7.30 | % | ||||||
| S&P Target Date 2030 Index |
9.51 | % | 8.53 | % | 6.87 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$4,365,167,433 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ 18,369,937 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$29 | 0.28% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2030 Fund returned 8.16% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2030 Fund Composite Index, which returned 10.28%. • The Fund’s Composite Index consisted of: 37.8% Russell 3000® Index; 33.9% Bloomberg U.S. Aggregate Bond Index; 20.3% MSCI All Country World Index ex USA Investable Market Index; 4.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 4.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Holding the Nuveen Core Plus Bond Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » A position in the Nuveen Real Property Fund LP. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
8.16 | % | 8.12 | % | 6.83 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2030 Fund Composite Index |
10.28 | % | 8.50 | % | 7.30 | % | ||||||
| S&P Target Date 2030 Index |
9.51 | % | 8.53 | % | 6.87 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$4,365,167,433 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ 18,369,937 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$45 | 0.43% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2030 Fund returned 8.04% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2030 Fund Composite Index, which returned 10.28%. • The Fund’s Composite Index consisted of: 37.8% Russell 3000® Index; 33.9% Bloomberg U.S. Aggregate Bond Index; 20.3% MSCI All Country World Index ex USA Investable Market Index; 4.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 4.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Holding the Nuveen Core Plus Bond Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » A position in the Nuveen Real Property Fund LP. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
8.04 | % | 7.95 | % | 6.67 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2030 Fund Composite Index |
10.28 | % | 8.50 | % | 7.30 | % | ||||||
| S&P Target Date 2030 Index |
9.51 | % | 8.53 | % | 6.87 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 4,365,167,433 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 18,369,937 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$31 | 0.30% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2030 Fund returned 8.16% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2030 Fund Composite Index, which returned 10.28%. • The Fund’s Composite Index consisted of: 37.8% Russell 3000® Index; 33.9% Bloomberg U.S. Aggregate Bond Index; 20.3% MSCI All Country World Index ex USA Investable Market Index; 4.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 4.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Holding the Nuveen Core Plus Bond Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » A position in the Nuveen Real Property Fund LP. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
8.16 | % | 8.04 | % | 7.46 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2030 Fund Composite Index |
10.28 | % | 8.50 | % | 8.03 | % | ||||||
| S&P Target Date 2030 Index |
9.51 | % | 8.53 | % | 7.53 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 4,365,167,433 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 18,369,937 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$31 | 0.30% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2035 Fund returned 8.41% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2035 Fund Composite Index, which returned 10.91%. • The Fund’s Composite Index consisted of: 43.0% Russell 3000® Index; 29.8% Bloomberg U.S. Aggregate Bond Index; 23.2% MSCI All Country World Index ex USA Investable Market Index; 2.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 2.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. » Holding the Nuveen Core Plus Bond Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
8.41 | % | 9.09 | % | 8.12 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2035 Fund Composite Index |
10.91 | % | 9.66 | % | 8.78 | % | ||||||
| S&P Target Date 2035 Index |
10.24 | % | 9.95 | % | 8.34 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 4,835,172,704 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 20,275,659 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$54 | 0.52% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2035 Fund returned 8.21% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2035 Fund Composite Index, which returned 10.91%. • The Fund’s Composite Index consisted of: 43.0% Russell 3000® Index; 29.8% Bloomberg U.S. Aggregate Bond Index; 23.2% MSCI All Country World Index ex USA Investable Market Index; 2.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 2.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. » Holding the Nuveen Core Plus Bond Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
8.21 | % | 8.90 | % | 7.17 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2035 Fund Composite Index |
10.91 | % | 9.66 | % | 7.98 | % | ||||||
| S&P Target Date 2035 Index |
10.24 | % | 9.95 | % | 7.61 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 4,835,172,704 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 20,275,659 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$28 | 0.27% | ||
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2035 Fund returned 8.51% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2035 Fund Composite Index, which returned 10.91%. • The Fund’s Composite Index consisted of: 43.0% Russell 3000® Index; 29.8% Bloomberg U.S. Aggregate Bond Index; 23.2% MSCI All Country World Index ex USA Investable Market Index; 2.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 2.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. » Holding the Nuveen Core Plus Bond Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
8.51 | % | 9.19 | % | 7.45 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2035 Fund Composite Index |
10.91 | % | 9.66 | % | 7.98 | % | ||||||
| S&P Target Date 2035 Index |
10.24 | % | 9.95 | % | 7.61 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$4,835,172,704 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ 20,275,659 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$44 | 0.42% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2035 Fund returned 8.36% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2035 Fund Composite Index, which returned 10.91%. • The Fund’s Composite Index consisted of: 43.0% Russell 3000® Index; 29.8% Bloomberg U.S. Aggregate Bond Index; 23.2% MSCI All Country World Index ex USA Investable Market Index; 2.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 2.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. » Holding the Nuveen Core Plus Bond Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
8.36 | % | 9.03 | % | 7.28 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2035 Fund Composite Index |
10.91 | % | 9.66 | % | 7.98 | % | ||||||
| S&P Target Date 2035 Index |
10.24 | % | 9.95 | % | 7.61 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 4,835,172,704 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 20,275,659 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class A Shares |
$26 | 0.25% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Managed Allocation Fund returned 8.05% for Class A Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Managed Allocation Fund Composite Index, which returned 10.29%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 39.0% Russell 3000® Index; and 21.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class A Shares at NAV (excluding maximum sales charge) |
8.05 | % | 7.55 | % | 6.34 | % | ||||||
| Class A at maximum sales charge (Offering Price) |
1.85 | % | 6.29 | % | 5.71 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Managed Allocation Fund Composite Index |
10.29 | % | 7.85 | % | 6.85 | % | ||||||
| Morningstar Moderate Target Risk Index |
10.52 | % | 7.42 | % | 6.34 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 876,851,708 | ||
| Total number of portfolio holdings |
14 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ | 0 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Managed Allocation Fund returned 8.10% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Managed Allocation Fund Composite Index, which returned 10.29%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 39.0% Russell 3000® Index; and 21.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
8.10 | % | 7.53 | % | 6.33 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Managed Allocation Fund Composite Index |
10.29 | % | 7.85 | % | 6.85 | % | ||||||
| Morningstar Moderate Target Risk Index |
10.52 | % | 7.42 | % | 6.34 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 876,851,708 | ||
| Total number of portfolio holdings |
14 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ | 0 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$0 | 0.00% | ||
* The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Managed Allocation Fund returned 8.37% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Managed Allocation Fund Composite Index, which returned 10.29%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 39.0% Russell 3000® Index; and 21.0% MSCI All Country World Index ex USA Investable Market Index. • Top contributors to relative performance » A position in the Nuveen Core Plus Bond Fund. » Holding the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Core Equity Fund and the Nuveen Dividend Value Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
8.37 | % | 7.82 | % | 6.60 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Managed Allocation Fund Composite Index |
10.29 | % | 7.85 | % | 6.85 | % | ||||||
| Morningstar Moderate Target Risk Index |
10.52 | % | 7.42 | % | 6.34 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 876,851,708 | ||
| Total number of portfolio holdings |
14 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ | 0 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$52 | 0.50% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2050 Fund returned 9.15% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2050 Fund Composite Index, which returned 12.66%. • The Fund’s Composite Index consisted of: 58.5% Russell 3000® Index; 31.5% MSCI All Country World Index ex USA Investable Market Index; and 10.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
9.15 | % | 11.34 | % | 8.47 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2050 Fund Composite Index |
12.66 | % | 12.39 | % | 9.45 | % | ||||||
| S&P Target Date 2050 Index |
11.41 | % | 12.12 | % | 8.75 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 3,502,564,733 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
16% | |||
| Total management fees paid for the year |
$ | 14,671,786 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$42 | 0.40% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2050 Fund returned 9.27% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2050 Fund Composite Index, which returned 12.66%. • The Fund’s Composite Index consisted of: 58.5% Russell 3000® Index; 31.5% MSCI All Country World Index ex USA Investable Market Index; and 10.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
9.27 | % | 11.44 | % | 8.58 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2050 Fund Composite Index |
12.66 | % | 12.39 | % | 9.45 | % | ||||||
| S&P Target Date 2050 Index |
11.41 | % | 12.12 | % | 8.75 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 3,502,564,733 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
16% | |||
| Total management fees paid for the year |
$ | 14,671,786 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$28 | 0.27% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2050 Fund returned 9.44% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2050 Fund Composite Index, which returned 12.66%. • The Fund’s Composite Index consisted of: 58.5% Russell 3000® Index; 31.5% MSCI All Country World Index ex USA Investable Market Index; and 10.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
9.44 | % | 11.56 | % | 9.56 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2050 Fund Composite Index |
12.66 | % | 12.39 | % | 10.38 | % | ||||||
| S&P Target Date 2050 Index |
11.41 | % | 12.12 | % | 9.58 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 3,502,564,733 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
16% | |||
| Total management fees paid for the year |
$ | 14,671,786 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$52 | 0.50% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2045 Fund returned 9.06% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2045 Fund Composite Index, which returned 12.37%. • The Fund’s Composite Index consisted of: 56.0% Russell 3000® Index; 30.1% MSCI All Country World Index ex USA Investable Market Index; and 13.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
9.06 | % | 11.05 | % | 8.31 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2045 Fund Composite Index |
12.37 | % | 12.07 | % | 9.26 | % | ||||||
| S&P Target Date 2045 Index |
11.33 | % | 11.80 | % | 8.56 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 4,362,593,840 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
15% | |||
| Total management fees paid for the year |
$ | 18,305,071 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$42 | 0.40% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2045 Fund returned 9.13% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2045 Fund Composite Index, which returned 12.37%. • The Fund’s Composite Index consisted of: 56.0% Russell 3000® Index; 30.1% MSCI All Country World Index ex USA Investable Market Index; and 13.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
9.13 | % | 11.16 | % | 8.41 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2045 Fund Composite Index |
12.37 | % | 12.07 | % | 9.26 | % | ||||||
| S&P Target Date 2045 Index |
11.33 | % | 11.80 | % | 8.56 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 4,362,593,840 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
15% | |||
| Total management fees paid for the year |
$ | 18,305,071 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$28 | 0.27% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2045 Fund returned 9.28% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2045 Fund Composite Index, which returned 12.37%. • The Fund’s Composite Index consisted of: 56.0% Russell 3000® Index; 30.1% MSCI All Country World Index ex USA Investable Market Index; and 13.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
9.28 | % | 11.25 | % | 9.39 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2045 Fund Composite Index |
12.37 | % | 12.07 | % | 10.19 | % | ||||||
| S&P Target Date 2045 Index |
11.33 | % | 11.80 | % | 9.37 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 4,362,593,840 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
15% | |||
| Total management fees paid for the year |
$ | 18,305,071 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$26 | 0.25% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2050 Fund returned 9.54% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2050 Fund Composite Index, which returned 12.66%. • The Fund’s Composite Index consisted of: 58.5% Russell 3000® Index; 31.5% MSCI All Country World Index ex USA Investable Market Index; and 10.0% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
9.54 | % | 11.62 | % | 8.75 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2050 Fund Composite Index |
12.66 | % | 12.39 | % | 9.45 | % | ||||||
| S&P Target Date 2050 Index |
11.41 | % | 12.12 | % | 8.75 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 3,502,564,733 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
16% | |||
| Total management fees paid for the year |
$ | 14,671,786 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$26 | 0.25% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2045 Fund returned 9.32% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2045 Fund Composite Index, which returned 12.37%. • The Fund’s Composite Index consisted of: 56.0% Russell 3000® Index; 30.1% MSCI All Country World Index ex USA Investable Market Index; and 13.9% Bloomberg U.S. Aggregate Bond Index. • Top contributors to relative performance » A position in the Nuveen Quant International Small Cap Equity Fund. » Allocations to the Nuveen Quant Small/Mid Cap Equity Fund and the Nuveen Quant Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » Allocations to the Nuveen Dividend Value Fund and the Nuveen Core Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
9.32 | % | 11.34 | % | 8.58 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2045 Fund Composite Index |
12.37 | % | 12.07 | % | 9.26 | % | ||||||
| S&P Target Date 2045 Index |
11.33 | % | 11.80 | % | 8.56 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 4,362,593,840 | ||
| Total number of portfolio holdings |
19 | |||
| Portfolio turnover (%) |
15% | |||
| Total management fees paid for the year |
$ | 18,305,071 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class A Shares |
$55 | 0.53% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Retirement Income Fund returned 7.11% for Class A Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Retirement Income Fund Composite Index, which returned 8.87%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI All Country World Index ex USA Investable Market Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class A Shares at NAV (excluding maximum sales charge) |
7.11 | % | 5.16 | % | 4.78 | % | ||||||
| Class A at maximum sales charge (Offering Price) |
0.94 | % | 3.92 | % | 4.16 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Retirement Income Fund Composite Index |
8.87 | % | 5.59 | % | 5.28 | % | ||||||
| S&P Target Date Retirement Income Index |
7.91 | % | 4.42 | % | 4.31 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 392,788,433 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 1,585,977 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$28 | 0.27% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Retirement Income Fund returned 7.37% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Retirement Income Fund Composite Index, which returned 8.87%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI All Country World Index ex USA Investable Market Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
7.37 | % | 5.43 | % | 5.03 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Retirement Income Fund Composite Index |
8.87 | % | 5.59 | % | 5.28 | % | ||||||
| S&P Target Date Retirement Income Index |
7.91 | % | 4.42 | % | 4.31 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 392,788,433 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 1,585,977 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$55 | 0.53% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Retirement Income Fund returned 7.12% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Retirement Income Fund Composite Index, which returned 8.87%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI All Country World Index ex USA Investable Market Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
7.12 | % | 5.18 | % | 4.78 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Retirement Income Fund Composite Index |
8.87 | % | 5.59 | % | 5.28 | % | ||||||
| S&P Target Date Retirement Income Index |
7.91 | % | 4.42 | % | 4.31 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 392,788,433 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 1,585,977 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$45 | 0.43% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Retirement Income Fund returned 7.21% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Retirement Income Fund Composite Index, which returned 8.87%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI All Country World Index ex USA Investable Market Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
7.21 | % | 5.27 | % | 4.88 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Retirement Income Fund Composite Index |
8.87 | % | 5.59 | % | 5.28 | % | ||||||
| S&P Target Date Retirement Income Index |
7.91 | % | 4.42 | % | 4.31 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 392,788,433 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 1,585,977 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$34 | 0.33% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Retirement Income Fund returned 7.31% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Retirement Income Fund Composite Index, which returned 8.87%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI All Country World Index ex USA Investable Market Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
7.31 | % | 5.35 | % | 5.44 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle Retirement Income Fund Composite Index |
8.87 | % | 5.59 | % | 5.77 | % | ||||||
| S&P Target Date Retirement Income Index |
7.91 | % | 4.42 | % | 4.69 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 392,788,433 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 1,585,977 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$11 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2010 Fund returned 8.35% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund performed in line with the Lifecycle Index 2010 Fund Composite Index, which returned 8.52%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 22.8% Russell 3000® Index; 12.3% MSCI EAFE + Emerging Markets Index; 14.9% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||
| Class I Shares at NAV |
8.35 | % | 5.19 | % | 5.57% | |||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00% | |||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60% | |||||
| Lifecycle Index 2010 Fund Composite Index |
8.52 | % | 5.35 | % | 5.72% | |||||
| S&P Target Date 2010 Index |
8.09 | % | 5.14 | % | 5.23% | |||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$658,312,939 | |||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
21% | |||
| Total management fees paid for the year |
$ 1,110,285 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$10 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2010 Fund returned 8.34% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund performed in line with the Lifecycle Index 2010 Fund Composite Index, which returned 8.52%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 22.8% Russell 3000® Index; 12.3% MSCI EAFE + Emerging Markets Index; 14.9% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
8.34 | % | 5.26 | % | 5.15 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2010 Fund Composite Index |
8.52 | % | 5.35 | % | 5.23 | % | ||||||
| S&P Target Date 2010 Index |
8.09 | % | 5.14 | % | 4.79 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 658,312,939 | |||
| Total number of portfolio holdings |
7 | ||||
| Portfolio turnover (%) |
21% | ||||
| Total management fees paid for the year |
$ | 1,110,285 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2010 Fund returned 8.21% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2010 Fund Composite Index, which returned 8.52%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 22.8% Russell 3000® Index; 12.3% MSCI EAFE + Emerging Markets Index; 14.9% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
8.21 | % | 5.10 | % | 4.99 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2010 Fund Composite Index |
8.52 | % | 5.35 | % | 5.23 | % | ||||||
| S&P Target Date 2010 Index |
8.09 | % | 5.14 | % | 4.79 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 658,312,939 | |||
| Total number of portfolio holdings |
7 | ||||
| Portfolio turnover (%) |
21% | ||||
| Total management fees paid for the year |
$ | 1,110,285 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$36 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2010 Fund returned 8.09% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2010 Fund Composite Index, which returned 8.52%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 22.8% Russell 3000® Index; 12.3% MSCI EAFE + Emerging Markets Index; 14.9% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
8.09 | % | 5.00 | % | 4.89 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2010 Fund Composite Index |
8.52 | % | 5.35 | % | 5.23 | % | ||||||
| S&P Target Date 2010 Index |
8.09 | % | 5.14 | % | 4.79 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 658,312,939 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
21% | |||
| Total management fees paid for the year |
$ | 1,110,285 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$10 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2020 Fund returned 9.09% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund performed in line with the Lifecycle Index 2020 Fund Composite Index, which returned 9.25%. • The Fund’s Composite Index consisted of: 39.0% Bloomberg U.S. Aggregate Bond Index; 29.3% Russell 3000® Index; 15.7% MSCI EAFE + Emerging Markets Index; 8.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 8.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
9.09 | % | 6.44 | % | 5.98 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2020 Fund Composite Index |
9.25 | % | 6.54 | % | 6.06 | % | ||||||
| S&P Target Date 2020 Index |
8.47 | % | 6.18 | % | 5.55 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 3,010,533,049 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ | 5,125,874 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2020 Fund returned 8.86% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2020 Fund Composite Index, which returned 9.25%. • The Fund’s Composite Index consisted of: 39.0% Bloomberg U.S. Aggregate Bond Index; 29.3% Russell 3000® Index; 15.7% MSCI EAFE + Emerging Markets Index; 8.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 8.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
8.86 | % | 6.27 | % | 5.82 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2020 Fund Composite Index |
9.25 | % | 6.54 | % | 6.06 | % | ||||||
| S&P Target Date 2020 Index |
8.47 | % | 6.18 | % | 5.55 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 3,010,533,049 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ | 5,125,874 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$37 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2020 Fund returned 8.83% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2020 Fund Composite Index, which returned 9.25%. • The Fund’s Composite Index consisted of: 39.0% Bloomberg U.S. Aggregate Bond Index; 29.3% Russell 3000® Index; 15.7% MSCI EAFE + Emerging Markets Index; 8.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 8.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
8.83 | % | 6.18 | % | 5.72 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2020 Fund Composite Index |
9.25 | % | 6.54 | % | 6.06 | % | ||||||
| S&P Target Date 2020 Index |
8.47 | % | 6.18 | % | 5.55 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 3,010,533,049 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ | 5,125,874 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$13 | 0.12% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2020 Fund returned 9.03% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund performed in line with the Lifecycle Index 2020 Fund Composite Index, which returned 9.25%. • The Fund’s Composite Index consisted of: 39.0% Bloomberg U.S. Aggregate Bond Index; 29.3% Russell 3000® Index; 15.7% MSCI EAFE + Emerging Markets Index; 8.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 8.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||
| Class I Shares at NAV |
9.03 | % | 6.34 | % | 6.46% | |||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00% | |||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60% | |||||
| Lifecycle Index 2020 Fund Composite Index |
9.25 | % | 6.54 | % | 6.65% | |||||
| S&P Target Date 2020 Index |
8.47 | % | 6.18 | % | 6.08% | |||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$3,010,533,049 | |||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ 5,125,874 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$10 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index Retirement Income Fund returned 8.68% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund performed in line with the Lifecycle Index Retirement Income Fund Composite Index, which returned 8.84%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI EAFE + Emerging Markets Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
8.68 | % | 5.46 | % | 5.20 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index Retirement Income Fund Composite Index |
8.84 | % | 5.56 | % | 5.26 | % | ||||||
| S&P Target Date Retirement Income Index |
7.91 | % | 4.42 | % | 4.31 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 772,632,516 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
23% | |||
| Total management fees paid for the year |
$ | 1,238,918 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index Retirement Income Fund returned 8.53% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index Retirement Income Fund Composite Index, which returned 8.84%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI EAFE + Emerging Markets Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
8.53 | % | 5.29 | % | 5.04 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index Retirement Income Fund Composite Index |
8.84 | % | 5.56 | % | 5.26 | % | ||||||
| S&P Target Date Retirement Income Index |
7.91 | % | 4.42 | % | 4.31 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 772,632,516 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
23% | |||
| Total management fees paid for the year |
$ | 1,238,918 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$36 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index Retirement Income Fund returned 8.43% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index Retirement Income Fund Composite Index, which returned 8.84%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI EAFE + Emerging Markets Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
8.43 | % | 5.20 | % | 4.94 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index Retirement Income Fund Composite Index |
8.84 | % | 5.56 | % | 5.26 | % | ||||||
| S&P Target Date Retirement Income Index |
7.91 | % | 4.42 | % | 4.31 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 772,632,516 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
23% | |||
| Total management fees paid for the year |
$ | 1,238,918 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$11 | 0.11% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index Retirement Income Fund returned 8.59% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund performed in line with the Lifecycle Index Retirement Income Fund Composite Index, which returned 8.84%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI EAFE + Emerging Markets Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||
| Class I Shares at NAV |
8.59 | % | 5.35 | % | 5.58% | |||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00% | |||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60% | |||||
| Lifecycle Index Retirement Income Fund Composite Index |
8.84 | % | 5.56 | % | 5.75% | |||||
| S&P Target Date Retirement Income Index |
7.91 | % | 4.42 | % | 4.69% | |||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$772,632,516 | |||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
23% | |||
| Total management fees paid for the year |
$ 1,238,918 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$10 | 0.10% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2015 Fund returned 8.73% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund performed in line with the Lifecycle Index 2015 Fund Composite Index, which returned 8.89%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI EAFE + Emerging Markets Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
8.73 | % | 5.86 | % | 5.56 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2015 Fund Composite Index |
8.89 | % | 5.94 | % | 5.63 | % | ||||||
| S&P Target Date 2015 Index |
8.07 | % | 5.67 | % | 5.17 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 1,002,489,875 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 1,768,166 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$26 | 0.25% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2015 Fund returned 8.55% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2015 Fund Composite Index, which returned 8.89%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI EAFE + Emerging Markets Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
8.55 | % | 5.68 | % | 5.39 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2015 Fund Composite Index |
8.89 | % | 5.94 | % | 5.63 | % | ||||||
| S&P Target Date 2015 Index |
8.07 | % | 5.67 | % | 5.17 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 1,002,489,875 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 1,768,166 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$36 | 0.35% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2015 Fund returned 8.46% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle Index 2015 Fund Composite Index, which returned 8.89%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI EAFE + Emerging Markets Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
8.46 | % | 5.59 | % | 5.29 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle Index 2015 Fund Composite Index |
8.89 | % | 5.94 | % | 5.63 | % | ||||||
| S&P Target Date 2015 Index |
8.07 | % | 5.67 | % | 5.17 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 1,002,489,875 | ||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ | 1,768,166 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$13 | 0.12% | ||
* The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle Index 2015 Fund returned 8.74% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund performed in line with the Lifecycle Index 2015 Fund Composite Index, which returned 8.89%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI EAFE + Emerging Markets Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to absolute performance » Underlying equity and fixed income funds advanced for the period. U.S. and international equity funds recorded double-digit gains and contributed most. • Top detractors from absolute performance » Management fees and other expenses incurred by the Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||
| Class I Shares at NAV |
8.74 | % | 5.77 | % | 6.01% | |||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00% | |||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60% | |||||
| Lifecycle Index 2015 Fund Composite Index |
8.89 | % | 5.94 | % | 6.16% | |||||
| S&P Target Date 2015 Index |
8.07 | % | 5.67 | % | 5.66% | |||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$1,002,489,875 | |||
| Total number of portfolio holdings |
7 | |||
| Portfolio turnover (%) |
14% | |||
| Total management fees paid for the year |
$ 1,768,166 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$55 | 0.53% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2020 Fund returned 7.36% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2020 Fund Composite Index, which returned 9.29%. • The Fund’s Composite Index consisted of: 39.0% Bloomberg U.S. Aggregate Bond Index; 29.3% Russell 3000® Index; 15.7% MSCI All Country World Index ex USA Investable Market Index; 8.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 8.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
7.36 | % | 6.05 | % | 5.48 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2020 Fund Composite Index |
9.29 | % | 6.58 | % | 6.08 | % | ||||||
| S&P Target Date 2020 Index |
8.47 | % | 6.18 | % | 5.55 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$2,101,876,834 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ 9,002,264 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$29 | 0.28% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2020 Fund returned 7.66% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2020 Fund Composite Index, which returned 9.29%. • The Fund’s Composite Index consisted of: 39.0% Bloomberg U.S. Aggregate Bond Index; 29.3% Russell 3000® Index; 15.7% MSCI All Country World Index ex USA Investable Market Index; 8.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 8.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1-10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1-Year | 5-Year | 10-Year | ||||||||||
| Class R6 Shares at NAV |
7.66 | % | 6.33 | % | 5.74 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2020 Fund Composite Index |
9.29 | % | 6.58 | % | 6.08 | % | ||||||
| S&P Target Date 2020 Index |
8.47 | % | 6.18 | % | 5.55 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$2,101,876,834 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ 9,002,264 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$45 | 0.43% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2020 Fund returned 7.39% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2020 Fund Composite Index, which returned 9.29%. • The Fund’s Composite Index consisted of: 39.0% Bloomberg U.S. Aggregate Bond Index; 29.3% Russell 3000® Index; 15.7% MSCI All Country World Index ex USA Investable Market Index; 8.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 8.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
7.39 | % | 6.14 | % | 5.58 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2020 Fund Composite Index |
9.29 | % | 6.58 | % | 6.08 | % | ||||||
| S&P Target Date 2020 Index |
8.47 | % | 6.18 | % | 5.55 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 2,101,876,834 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ | 9,002,264 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$34 | 0.33% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2020 Fund returned 7.52% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2020 Fund Composite Index, which returned 9.29%. • The Fund’s Composite Index consisted of: 39.0% Bloomberg U.S. Aggregate Bond Index; 29.3% Russell 3000® Index; 15.7% MSCI All Country World Index ex USA Investable Market Index; 8.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 8.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
7.52 | % | 6.22 | % | 6.24 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2020 Fund Composite Index |
9.29 | % | 6.58 | % | 6.67 | % | ||||||
| S&P Target Date 2020 Index |
8.47 | % | 6.18 | % | 6.08 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 2,101,876,834 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ | 9,002,264 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$32 | 0.31% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2025 Fund returned 7.74% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2025 Fund Composite Index, which returned 9.68%. • The Fund’s Composite Index consisted of: 37.9% Bloomberg U.S. Aggregate Bond Index; 32.6% Russell 3000® Index; 17.5% MSCI All Country World Index ex USA Investable Market Index; 6.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 6.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. » An allocation to the Nuveen Quant Small/Mid Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
7.74 | % | 7.06 | % | 6.81 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2025 Fund Composite Index |
9.68 | % | 7.46 | % | 7.31 | % | ||||||
| S&P Target Date 2025 Index |
8.82 | % | 7.23 | % | 6.75 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 3,367,492,187 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ | 14,518,478 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$55 | 0.53% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2025 Fund returned 7.48% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2025 Fund Composite Index, which returned 9.68%. • The Fund’s Composite Index consisted of: 37.9% Bloomberg U.S. Aggregate Bond Index; 32.6% Russell 3000® Index; 17.5% MSCI All Country World Index ex USA Investable Market Index; 6.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 6.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. » An allocation to the Nuveen Quant Small/Mid Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
7.48 | % | 6.85 | % | 5.98 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2025 Fund Composite Index |
9.68 | % | 7.46 | % | 6.65 | % | ||||||
| S&P Target Date 2025 Index |
8.82 | % | 7.23 | % | 6.16 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$3,367,492,187 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ 14,518,478 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$29 | 0.28% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2025 Fund returned 7.73% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2025 Fund Composite Index, which returned 9.68%. • The Fund’s Composite Index consisted of: 37.9% Bloomberg U.S. Aggregate Bond Index; 32.6% Russell 3000® Index; 17.5% MSCI All Country World Index ex USA Investable Market Index; 6.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 6.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1-10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. » An allocation to the Nuveen Quant Small/Mid Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1-Year | 5-Year | 10-Year | ||||||||||
| Class R6 Shares at NAV |
7.73 | % | 7.12 | % | 6.24 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2025 Fund Composite Index |
9.68 | % | 7.46 | % | 6.65 | % | ||||||
| S&P Target Date 2025 Index |
8.82 | % | 7.23 | % | 6.16 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$3,367,492,187 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ 14,518,478 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$45 | 0.43% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2025 Fund returned 7.71% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2025 Fund Composite Index, which returned 9.68%. • The Fund’s Composite Index consisted of: 37.9% Bloomberg U.S. Aggregate Bond Index; 32.6% Russell 3000® Index; 17.5% MSCI All Country World Index ex USA Investable Market Index; 6.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 6.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. » An allocation to the Nuveen Quant Small/Mid Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
7.71 | % | 6.98 | % | 6.10 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2025 Fund Composite Index |
9.68 | % | 7.46 | % | 6.65 | % | ||||||
| S&P Target Date 2025 Index |
8.82 | % | 7.23 | % | 6.16 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 3,367,492,187 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
12% | |||
| Total management fees paid for the year |
$ | 14,518,478 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$45 | 0.43% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2015 Fund returned 7.27% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2015 Fund Composite Index, which returned 8.92%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI All Country World Index ex USA Investable Market Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
7.27 | % | 5.66 | % | 5.22 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2015 Fund Composite Index |
8.92 | % | 5.98 | % | 5.64 | % | ||||||
| S&P Target Date 2015 Index |
8.07 | % | 5.67 | % | 5.17 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 982,124,540 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ | 4,137,942 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$29 | 0.28% | ||
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2015 Fund returned 7.40% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2015 Fund Composite Index, which returned 8.92%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI All Country World Index ex USA Investable Market Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1-10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Class R6 Shares at NAV |
7.40 | % | 5.81 | % | 5.38 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2015 Fund Composite Index |
8.92 | % | 5.98 | % | 5.64 | % | ||||||
| S&P Target Date 2015 Index |
8.07 | % | 5.67 | % | 5.17 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$982,124,540 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ 4,137,942 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$33 | 0.32% |
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2015 Fund returned 7.40% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2015 Fund Composite Index, which returned 8.92%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI All Country World Index ex USA Investable Market Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
7.40 | % | 5.73 | % | 5.84 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2015 Fund Composite Index |
8.92 | % | 5.98 | % | 6.18 | % | ||||||
| S&P Target Date 2015 Index |
8.07 | % | 5.67 | % | 5.66 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 982,124,540 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ | 4,137,942 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$55 | 0.53% | ||
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2015 Fund returned 7.21% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2015 Fund Composite Index, which returned 8.92%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 26.0% Russell 3000® Index; 14.0% MSCI All Country World Index ex USA Investable Market Index; 10.0% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » Holding the Nuveen Core Plus Bond Fund. » An allocation to the Nuveen Short Term Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » A position in the Nuveen Real Property Fund LP. » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
7.21 | % | 5.55 | % | 5.11 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2015 Fund Composite Index |
8.92 | % | 5.98 | % | 5.64 | % | ||||||
| S&P Target Date 2015 Index |
8.07 | % | 5.67 | % | 5.17 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$982,124,540 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
11% | |||
| Total management fees paid for the year |
$ 4,137,942 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Retirement Class Shares |
$53 | 0.51% | ||
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2010 Fund returned 7.14% for Retirement Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2010 Fund Composite Index, which returned 8.55%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 22.8% Russell 3000® Index; 12.3% MSCI All Country World Index ex USA Investable Market Index; 14.9% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » Holding the Nuveen Core Plus Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » A position in the Nuveen Real Property Fund LP. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Retirement Class Shares at NAV |
7.14 | % | 5.19 | % | 4.84 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2010 Fund Composite Index |
8.55 | % | 5.39 | % | 5.24 | % | ||||||
| S&P Target Date 2010 Index |
8.09 | % | 5.14 | % | 4.79 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$688,742,970 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ 2,913,688 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class R6 Shares |
$27 | 0.26% | ||
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2010 Fund returned 7.43% for Class R6 Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2010 Fund Composite Index, which returned 8.55%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 22.8% Russell 3000® Index; 12.3% MSCI All Country World Index ex USA Investable Market Index; 14.9% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1-10 Year Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » Holding the Nuveen Core Plus Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » A position in the Nuveen Real Property Fund LP. |
Average Annual Total Returns
| 1-Year | 5-Year | 10-Year | ||||||||||
| Class R6 Shares at NAV |
7.43 | % | 5.45 | % | 5.11 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2010 Fund Composite Index |
8.55 | % | 5.39 | % | 5.24 | % | ||||||
| S&P Target Date 2010 Index |
8.09 | % | 5.14 | % | 4.79 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$688,742,970 | |||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ 2,913,688 | |||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Premier Class Shares |
$42 | 0.41% |
| * The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2010 Fund returned 7.26% for Premier Class Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2010 Fund Composite Index, which returned 8.55%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 22.8% Russell 3000® Index; 12.3% MSCI All Country World Index ex USA Investable Market Index; 14.9% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » Holding the Nuveen Core Plus Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » A position in the Nuveen Real Property Fund LP. |
Average Annual Total Returns
| 1‑Year | 5‑Year | 10‑Year | ||||||||||
| Premier Class Shares at NAV |
7.26 | % | 5.31 | % | 4.96 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 12.21 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.49 | % | ||||||
| Lifecycle 2010 Fund Composite Index |
8.55 | % | 5.39 | % | 5.24 | % | ||||||
| S&P Target Date 2010 Index |
8.09 | % | 5.14 | % | 4.79 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 688,742,970 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 2,913,688 |
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)
| Cost of a $10,000 investment |
Costs paid as a percentage of $10,000 investment* | |||
| Class I Shares |
$33 | 0.32% | ||
* The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year.
How did the Fund perform last year? What affected the Fund’s performance?
| Performance Highlights • The Nuveen Lifecycle 2010 Fund returned 7.37% for Class I Shares at net asset value (NAV) for the 12 months ended May 31, 2025. The Fund underperformed the Lifecycle 2010 Fund Composite Index, which returned 8.55%. • The Fund’s Composite Index consisted of: 40.0% Bloomberg U.S. Aggregate Bond Index; 22.8% Russell 3000® Index; 12.3% MSCI All Country World Index ex USA Investable Market Index; 14.9% Bloomberg U.S. 1–3 Year Government/Credit Bond Index; and 10.0% Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) 1‑10 Year Index. • Top contributors to relative performance » An allocation to the Nuveen Short Term Bond Fund. » Holding the Nuveen Core Plus Bond Fund. » A position in the Nuveen Quant International Small Cap Equity Fund. • Top detractors from relative performance » Holding the Nuveen International Opportunities Fund and the Nuveen International Equity Fund. » A position in the Nuveen Real Property Fund LP. |
Average Annual Total Returns
| 1‑Year | 5‑Year | Since Inception | ||||||||||
| Class I Shares at NAV |
7.37 | % | 5.37 | % | 5.57 | % | ||||||
| Russell 3000® Index |
13.12 | % | 15.34 | % | 13.00 | % | ||||||
| Bloomberg U.S. Aggregate Bond Index |
5.46 | % | (0.90 | )% | 1.60 | % | ||||||
| Lifecycle 2010 Fund Composite Index |
8.55 | % | 5.39 | % | 5.74 | % | ||||||
| S&P Target Date 2010 Index |
8.09 | % | 5.14 | % | 5.23 | % | ||||||
Fund Statistics (as of May 31, 2025)
| Fund net assets |
$ | 688,742,970 | ||
| Total number of portfolio holdings |
21 | |||
| Portfolio turnover (%) |
13% | |||
| Total management fees paid for the year |
$ | 2,913,688 | ||
(1) Affiliated investment companies (Underlying Funds), except for repurchase agreements.
How has the Fund changed?
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2025 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.
| [1] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [2] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [3] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [4] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [5] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [6] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [7] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [8] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [9] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [10] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [11] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [12] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [13] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [14] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [15] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [16] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [17] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [18] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [19] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [20] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [21] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [22] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [23] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [24] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [25] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [26] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [27] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [28] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [29] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [30] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [31] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [32] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [33] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [34] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [35] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [36] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [37] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [38] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [39] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [40] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [41] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [42] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [43] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [44] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [45] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [46] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [47] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [48] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [49] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [50] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [51] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [52] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [53] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [54] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [55] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [56] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [57] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [58] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [59] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [60] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [61] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [62] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [63] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [64] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [65] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [66] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [67] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [68] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [69] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [70] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [71] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [72] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [73] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [74] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [75] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [76] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [77] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [78] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [79] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [80] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [81] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [82] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [83] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [84] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [85] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [86] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [87] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [88] | The Fund’s ratios do not include the expenses or income of the Underlying Funds. Annualized for period less than one year. |
| [89] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [90] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [91] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [92] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [93] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [94] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [95] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [96] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [97] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [98] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [99] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [100] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [101] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [102] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [103] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [104] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [105] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [106] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [107] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [108] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [109] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [110] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [111] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [112] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [113] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [114] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [115] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [116] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [117] | The Fund’s ratios include the expenses and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [118] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [119] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [120] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [121] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [122] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [123] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [124] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [125] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [126] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [127] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [128] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [129] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [130] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [131] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [132] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |
| [133] | The Fund’s ratios include the expenses of the Underlying Funds, excluding the expenses of the Dividend Growth, Dividend Value, Growth Opportunities ETF and the Nuveen Real Property Fund LP and exclude the income of the Underlying Funds. Annualized for period less than one year. |