Rethink your approach to income

* Hypothetical examples are shown for illustrative purposes only and does not reflect actual performance results of a product currently or previously managed, and contains no recommendation to buy or sell any specific securities and should not be relied upon for and/or considered investment advice of any kind. Weights and characteristics are based on a proposed strategy, which does not currently exist. The proposed strategy holdings and weights are subject to change without notice. Asset allocation does not assure a profit or protect against loss. There is no guarantee the strategy will meet its investment objective.
¹ Nuveen traces its history back to 1898 and TIAA was founded in 1918.
² Pensions & Investments, 12 Jun 2023. Rankings based on active U.S. bonds, U.S. institutional tax-exempt assets under management as of 31 Dec 2022 reported by each responding asset manager; updated annually.
³ Nuveen’s private capital investing team (inclusive of TIAA’s private credit and private equity investing teams) started investing in leveraged buyouts (LBOs) in 1969. 

Important information on risk

Past performance is no guarantee of future results. All investments carry a certain degree of risk, including the loss of principal. Certain products and services may not be available to all entities or persons. There is no guarantee that a Fund's investment objectives will be achieved. 

Diversification is a technique to help reduce risk. It is not guaranteed to protect against loss.

Investors should be aware that alternative investments are speculative, subject to substantial risks including the risks associated with limited liquidity, the potential use of leverage, potential short sales and concentrated investments and may involve complex tax structures and investment strategies. Alternative investments may be illiquid, there may be no liquid secondary market or ready purchasers for such securities, they may not be required to provide periodic pricing or valuation information to investors, there may be delays in distributing tax information to investors, they are not subject to the same regulatory requirements as other types of pooled investment vehicles, and they may be subject to high fees and expenses, which will reduce profits.