TIAA-CREF Lifecycle Index 2040 Fund (TLZIX)
The fund is a "fund of funds" that invests in Class W shares of other funds of the Trust and potentially in other investment pools or investment products. It has a policy of investing at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in underlying funds that are managed to seek investment returns that track particular market indices. Advisors currently expects to allocate approximately 80.40% of the fund's assets to equity underlying funds and 19.60% of its assets to fixed-income underlying funds.
Fund Info
US87245M7645
Sep 29, 2009
$10,000,000
Large-Cap
Blend
Expense Ratio
TLZIX has an expense ratio of 0.10%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) returned 4.10% year-to-date (YTD) and 11.10% over the past 12 months. Over the past 10 years, TLZIX returned 8.05% annually, underperforming the S&P 500 benchmark at 10.77%.
TLZIX
4.10%
8.20%
2.31%
11.10%
11.54%
8.05%
^GSPC (Benchmark)
0.08%
9.75%
-1.63%
12.74%
15.66%
10.77%
Monthly Returns
The table below presents the monthly returns of TLZIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.80% | 0.13% | -2.89% | 0.55% | 3.57% | 4.10% | |||||||
| 2024 | 0.04% | 3.52% | 2.67% | -3.42% | 3.94% | 1.63% | 2.06% | 2.15% | 1.97% | -2.30% | 3.39% | -2.74% | 13.31% |
| 2023 | 6.75% | -2.93% | 2.77% | 1.16% | -0.94% | 4.75% | 2.92% | -2.49% | -3.89% | -2.62% | 8.11% | 4.83% | 18.98% |
| 2022 | -4.22% | -2.50% | 0.81% | -7.11% | 0.53% | -6.80% | 6.21% | -3.66% | -8.42% | 4.99% | 7.55% | -4.42% | -17.15% |
| 2021 | -0.36% | 1.96% | 2.08% | 3.66% | 1.00% | 1.43% | 0.76% | 1.94% | -3.53% | 4.21% | -1.97% | 1.93% | 13.65% |
| 2020 | -0.55% | -6.04% | -11.74% | 9.72% | 4.23% | 2.51% | 4.52% | 4.96% | -2.58% | -1.85% | 10.28% | 3.63% | 15.90% |
| 2019 | 7.04% | 2.43% | 1.42% | 3.04% | -4.93% | 5.80% | 0.39% | -1.39% | 1.60% | 2.15% | 2.43% | 2.55% | 24.38% |
| 2018 | 4.60% | -3.68% | -1.31% | 0.36% | 1.12% | -0.10% | 2.66% | 1.56% | 0.10% | -6.49% | 1.59% | -6.60% | -6.64% |
| 2017 | 2.21% | 2.74% | 0.85% | 1.41% | 1.61% | 0.60% | 2.12% | 0.43% | 1.85% | 1.87% | 1.94% | 0.92% | 20.18% |
| 2016 | -4.88% | -0.67% | 6.64% | 0.94% | 0.81% | 0.12% | 3.64% | 0.42% | 0.47% | -1.95% | 1.81% | 1.17% | 8.41% |
| 2015 | -1.29% | 4.97% | -1.01% | 1.56% | 0.59% | -1.93% | 1.01% | -5.85% | -2.82% | 6.72% | -0.12% | -2.21% | -1.01% |
| 2014 | -3.20% | 4.50% | 0.38% | 0.50% | 2.01% | 1.91% | -1.75% | 3.01% | -2.69% | 1.78% | 1.63% | -1.24% | 6.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 77, TLZIX is among the top 23% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
TIAA-CREF Lifecycle Index 2040 Fund provided a 2.21% dividend yield over the last twelve months, with an annual payout of $0.68 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.68 | $0.68 | $0.56 | $0.47 | $0.53 | $0.41 | $0.47 | $0.43 | $0.38 | $0.35 | $0.35 | $0.36 |
Dividend yield | 2.21% | 2.31% | 2.11% | 2.06% | 1.88% | 1.64% | 2.14% | 2.40% | 1.92% | 2.09% | 2.19% | 2.21% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF Lifecycle Index 2040 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.68 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 | $0.56 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.53 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.43 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2014 | $0.36 | $0.36 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the TIAA-CREF Lifecycle Index 2040 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the TIAA-CREF Lifecycle Index 2040 Fund was 28.82%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.
The current TIAA-CREF Lifecycle Index 2040 Fund drawdown is 0.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.82% | Feb 20, 2020 | 23 | Mar 23, 2020 | 95 | Aug 6, 2020 | 118 |
| -25% | Nov 9, 2021 | 235 | Oct 14, 2022 | 339 | Feb 22, 2024 | 574 |
| -19.4% | May 2, 2011 | 108 | Oct 3, 2011 | 111 | Mar 13, 2012 | 219 |
| -16.17% | May 22, 2015 | 183 | Feb 11, 2016 | 126 | Aug 11, 2016 | 309 |
| -15.96% | Jan 29, 2018 | 229 | Dec 24, 2018 | 81 | Apr 23, 2019 | 310 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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