Strategy. The Fund is a fund of funds that invests in Class R6 or Class I shares of other Nuveen mutual funds and in other investment pools or investment products, including other funds or exchange-traded funds (ETFs) advised by the Funds investment adviser, Teachers Advisors, LLC (Advisors), or its affiliates (collectively, the Underlying Funds). The Fund invests in Underlying Funds according to a relatively stable asset allocation strategy and will generally seek to meet its investment objective by investing: (1) approximately 60.00% of its assets in equity Underlying Funds, including up to 5.00% of its assets in real estate Underlying Funds; and (2) approximately 40.00% of its assets in fixed-income Underlying Funds (target allocations). The Fund may invest in the following … Show more… The Fund is a fund of funds that invests in Class R6 or Class I shares of other Nuveen mutual funds and in other investment pools or investment products, including other funds or exchange-traded funds (ETFs) advised by the Funds investment adviser, Teachers Advisors, LLC (Advisors), or its affiliates (collectively, the Underlying Funds). The Fund invests in Underlying Funds according to a relatively stable asset allocation strategy and will generally seek to meet its investment objective by investing: (1) approximately 60.00% of its assets in equity Underlying Funds, including up to 5.00% of its assets in real estate Underlying Funds; and (2) approximately 40.00% of its assets in fixed-income Underlying Funds (target allocations). The Fund may invest in the following equity Underlying Funds: Nuveen Core Equity Fund, Nuveen Large Cap Growth Fund, Nuveen Large Cap Value Fund, Nuveen Quant International Small Cap Equity Fund, Nuveen Quant Small Cap Equity Fund, Nuveen Quant Small/Mid Cap Equity Fund, Nuveen Emerging Markets Equity Fund, Nuveen International Equity Fund, Nuveen International Opportunities Fund, Nuveen Real Estate Securities Select Fund, Nuveen Dividend Growth Fund, Nuveen Dividend Value Fund, Nuveen Small Cap Select Fund, Nuveen International Value Fund and Nuveen Growth Opportunities ETF. The Fund may invest in the following fixed-income Underlying Funds: Nuveen Core Plus Bond Fund, Nuveen High Yield Fund, Nuveen Inflation Linked Bond Fund, Nuveen International Bond Fund, Nuveen Money Market Fund and Nuveen Short Term Bond Fund. As a result of its investments in the Underlying Funds, the Funds returns will reflect investments in a mix of domestic and foreign equities of companies of various sizes and market capitalizations, real estate securities and a variety of domestic and foreign fixed-income instruments of private and governmental issuers of varying maturities and credit qualities. To maintain an appropriate allocation among the Underlying Funds, the portfolio managers monitor the foreign and domestic equity markets, as well as overall financial and economic conditions. If the portfolio managers believe that the relative attractiveness of the markets in which the equity and fixed-income funds are invested changes, they can adjust the percentage of investments in the Funds market sectors or Underlying Funds up or down by up to 10%; they may also invest in new market sectors or Underlying Funds without prior notice to shareholders. If 10% or more of the Funds assets are expected to be invested in any Underlying Fund or market sector not listed above or in the chart below, shareholders will receive prior notice of such change. At any given time the Fund may hold between 0% to 5% of its assets in real estate funds. The Funds composite benchmark is a composite of three benchmark indices representing three types of market sectors within the equity and fixed-income Underlying Fund asset classes, i.e., domestic equity, international equity and fixed-income. The composite index is created by applying the results of the benchmark for each of these three market sectors in proportion to the Funds target allocations among the three market sectors. For more information about the different indices that comprise the Funds composite benchmark index, please see the Additional information about the Funds composite index section of this Prospectus. The composition of the Funds fixed-income portion will vary depending on the shape of the yield curve. This means that when there is not much difference between the yield on short-term and long-term bonds, the Fund would normally increase its investments in the Nuveen Short Term Bond Fund. The Fund will have less than 5% of its assets in the Nuveen High Yield Fund. The Fund might sometimes be even more heavily weighted toward equities or fixed-income, if Advisors believes market conditions warrant. For example, the Fund might increase its holdings in fixed-income funds in periods when Advisors believes equity markets will decline. As part of the Funds ability to invest in other investment pools or investment products noted above, the Fund may invest in ETFs and exchange-traded notes (ETNs). The Fund may use investments in ETFs and ETNs to gain exposure to various market sectors or securities in order to effect its asset allocation strategy. Additionally, the Fund may use ETFs and ETNs for cash management, hedging or defensive purposes. ETFs and ETNs will be subject to the risks associated with the types of securities or sectors that they track, while ETNs, which are structured as fixed-income obligations, will also be subject to the general risks of fixed-income securities, including credit risk. For flexibility in meeting redemptions, expenses and the timing of new investments, and as a short-term defense during periods of unusual volatility, the Fund may invest in government securities (as defined in the Investment Company Act of 1940, as amended (the 1940 Act)), short-term paper or shares of the Nuveen Money Market Fund. For temporary defensive purposes, the Fund may invest without limitation in such securities. The Fund cannot guarantee that this strategy will be successful. The Funds asset class allocations, market sector allocations within each asset class, and Underlying Fund allocations within each market sector, as of June 30, 2025, are listed in the chart below. These allocations may change over time. Underlying Fund allocations in particular may change from year to year. However, as of the date of this Prospectus, Advisors expects that the allocations among the market sectors and Underlying Funds set forth below will be adjusted over time as Advisors implements: (i) the addition of Nuveen Small Cap Select Fund and Nuveen International Value Fund as new Underlying Funds in the U.S. Equity and International Equity market sectors, respectively, and corresponding reductions in allocations to other Underlying Funds in those market sectors; and (ii) strategic reallocations among certain Underlying Funds. Asset Class Allocation Market Sector Allocation Underlying Funds Allocation Equity 60.36% U.S. Equity 39.34% ? Nuveen Growth Opportunities ETF 6.70% ? Nuveen Large Cap Growth 6.64% ? Nuveen Large Cap Value 5.91% ? Nuveen Dividend Value 5.88% ? Nuveen Core Equity 5.87% ? Nuveen Dividend Growth 5.82% ? Nuveen Quant Small/Mid Cap Equity 1.40% ? Nuveen Quant Small Cap Equity 1.12% International Equity 21.02% ? Nuveen International Equity 8.92% ? Nuveen International Opportunities 5.42% ? Nuveen Emerging Markets Equity 3.69% ? Nuveen Quant International Small Cap Equity 2.99% Fixed-Income 39.64% Fixed-Income 39.64% ? Nuveen Core Plus Bond 39.64% Total 100.00% 100.00% 100.00% Show less