UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number 811-05309
Nuveen Investment Funds, Inc.
(Exact name of registrant as specified in charter)
Nuveen Investments
333 West Wacker Drive, Chicago, IL 60606
(Address of principal executive offices) (Zip code)
Mark J. Czarniecki
Vice President and Secretary
333 West Wacker Drive,
Chicago, IL 60606
(Name and address of agent for service)
Registrant’s telephone number, including area code: (312) 917-7700
Date of fiscal year end: March 31
Date of reporting period: September 30, 2023
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policy making roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss.3507.
| ITEM 1. | REPORTS TO STOCKHOLDERS. |
This
semi-annual
report
contains
the
Funds'
unaudited financial
statements.
Fund
Name
Class
A
Class
C
Class
R6
Class
I
Nuveen
All-American
Municipal
Bond
Fund
FLAAX
FACCX
FAAWX
FAARX
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
NMBAX
NNCCX
—
NUVBX
Nuveen
Limited
Term
Municipal
Bond
Fund
FLTDX
FAFJX
—
FLTRX
Nuveen
Short
Term
Municipal
Bond
Fund
FSHAX
NAAEX
—
FSHYX
Chair’s
Letter
to
Shareholders
3
Important
Notices
4
Risk
Considerations
and
Dividend
Information
5
About
the
Funds’
Benchmarks
6
Fund
Performance,
Expense
Ratios,
Effective
Leverage
and
Holding
Summaries
7
Yields
16
Expense
Examples
17
Portfolios
of
Investments
19
Statement
of
Assets
and
Liabilities
217
Statement
of
Operations
219
Statement
of
Changes
in
Net
Assets
220
Financial
Highlights
222
Notes
to
Financial
Statements
230
Additional
Fund
Information
242
Glossary
of
Terms
Used
in
this
Report
243
Liquidity
Risk
Management
Program
244
Annual
Investment
Management
Agreement
Approval
Process
245
Chair’s
Letter
to
Shareholders
Dear
Shareholders,
Inflation
concerns
have
continued
to
dominate
the
investment
landscape
in
2023.
Inflation
rates
have
fallen
meaningfully
from
post-pandemic
highs,
helped
by
the
significant
policy
interest
rate
increases
from
the
U.S.
Federal
Reserve
(Fed)
and
other
global
central
banks
since
2022
and
the
normalization
of
supply
chains.
However,
they
currently
remain
above
the
levels
that
central
banks
consider
supportive
of
their
economies’
long-term
growth.
Core
inflation
measures,
which
exclude
volatile
food
and
energy
prices,
in
particular
remain
above
central
banks’
targeted
levels.
At
the
same
time,
the
U.S.
economy
has
remained
relatively
resilient,
while
stubbornly
high
inflation
and
tighter
financial
conditions
are
beginning
to
slow
the
U.K.
and
European
economies.
U.S.
gross
domestic
product
rose
4.9%
in
the
third
quarter
of
2023,
2.1%
in
the
second
quarter
of
2023
and
2.0%
in
the
first
quarter
of
2023,
after
growing
2.1%
in
2022
overall
compared
to
2021.
Consider
that
much
of
this
growth
occurred
while
the
Fed
was
raising
interest
rates
in
one
of
the
fastest
hiking
cycles
in
its
history.
The
Fed
increased
the
target
fed
funds
rate
from
near
zero
in
March
2022
to
a
range
of
5.25%
to
5.50%
as
of
November
2023,
with
pauses
in
June
2023,
September
2023
and
November
2023.
Despite
historically
high
inflation
and
rapidly
rising
interest
rates,
the
jobs
market
has
remained
relatively
strong,
helping
to
support
consumer
sentiment
and
spending.
However,
markets
are
concerned
that
these
conditions
could
keep
upward
pressure
on
prices
and
wages,
leading
to
interest
rates
staying
higher
for
longer
and
a
potentially
deeper
slowdown
in
the
economy.
U.S.
regional
banks
–
after
enduring
the
relatively
contained
collapses
of
Silicon
Valley
Bank,
Signature
Bank
and
First
Republic
Bank
and
major
European
bank
Credit
Suisse
in
March
2023
–
remain
exposed
to
challenges
in
the
commercial
real
estate
sector.
Additionally,
concerns
about
government
funding
and
deficits
persist.
Congress
averted
a
near-term
default
scenario
in
June
2023
and
partial
government
shutdowns
in
September
and
November
2023,
but
funding
will
need
to
be
renegotiated
again
in
January
and
February
2024.
Given
the
lingering
upside
risks
to
inflation
and
the
lagging
impact
of
tighter
credit
conditions
on
the
economy,
Fed
officials
are
closely
monitoring
incoming
inflation
data
and
other
economic
measures
to
modify
their
rate
setting
activity
based
upon
these
factors
on
a
meeting-by-meeting
basis.
The
Fed
remains
committed
to
acting
until
it
sees
sustainable
progress
toward
its
inflation
goals.
In
the
meantime,
markets
are
likely
to
continue
reacting
in
the
short
term
to
news
about
inflation
data,
economic
indicators
and
central
bank
policy.
We
encourage
investors
to
keep
a
long-term
perspective
amid
the
short-term
turbulence.
Your
financial
professional
can
help
you
review
how
well
your
portfolio
is
aligned
with
your
time
horizon,
risk
tolerance
and
investment
goals.
On
behalf
of
the
other
members
of
the
Nuveen
Fund
Board,
we
look
forward
to
continuing
to
earn
your
trust
in
the
months
and
years
ahead.
Terence
J.
Toth
Chair
of
the
Board
November 20,
2023
Portfolio
Manager
Commentaries
in
Semi-annual
Shareholder
Reports
The
Funds
include
portfolio
manager
commentary
in
their
annual
shareholder
reports.
For
the
Funds’
most
recent
annual
portfolio
manager
discussion,
please
refer
to
the
Portfolio
Managers’
Comments
section
of
each
Fund’s
March
31,
2023
annual
shareholder
report.
For
current
information
on
your
Fund’s
investment
objectives,
portfolio
management
team
and
average
annual
total
returns
please
refer
to
the
Fund’s
website
at
www.nuveen.com.
For
changes
that
occurred
to
your
Fund
both
during
and
subsequent
to
this
reporting
period,
please
refer
to
the
Notes
to
Financial
Statements
section
of
this
report.
For
average
annual
total
returns
as
of
the
end
of
this
reporting
period,
please
refer
to
the
Fund
Performance,
Expense
Ratios
Overview
and
Holding
Summaries
section
within
this
report.
Securities
and
Exchange
Commission
(the
“SEC”)
Adopts
Amendments
for
Tailored
Shareholder
Reports
On
October
26,
2022,
the
SEC
adopted
rule
and
form
amendments
(the
“Amendments”)
that
require
mutual
funds
and
exchange-
traded
funds
registered
on
Form
N-1A
to
provide
shareholders
with
streamlined
annual
and
semi-annual
shareholder
reports
(“Tailored
Shareholder
Reports”).
The
Amendments
require
funds
to
prepare
a
separate
Tailored
Shareholder
Report
for
each
share
class
of
each
series
of
a
fund.
As
a
result,
shareholders
will
receive
a
report
that
covers
only
the
class
of
a
multi-class
fund
in
which
the
shareholder
invests.
Tailored
Shareholder
Reports
are
meant
to
be
three
to
four
pages
in
length
and
will
highlight
key
information
such
as
a
fund’s
expenses,
performance
and
portfolio
holdings.
Other,
more
detailed
information
that
currently
appears
in
fund
shareholder
reports
will
be
made
available
online,
filed
with
the
SEC,
and
delivered
to
investors
free
of
charge
in
paper
or
electronically
upon
request.
The
first
Tailored
Shareholder
Reports
to
be
prepared
for
these
Funds
will
be
for
the
reporting
period
ended
September
30,
2024.
Portfolio
Manager
Update
for
Nuveen
All-American
Municipal
Bond
Fund
Effective
May
31,
2023,
John
Miller
no
longer
serves
as
a
portfolio
manager
of
the
Fund.
Paul
Brennan
and
Timothy
Ryan
continue
to
serve
as
portfolio
managers
of
the
Fund.
Events
that
Occurred
Subsequent
to
the
Reporting
Period
Portfolio
Manager
Update
for
Nuveen
Limited
Term
Municipal
Bond
Fund
and
Nuveen
Short
Term
Municipal
Bond
Fund
Effective
October
13,
2023,
Steven
Hlavin
has
been
added
as
a
portfolio
manager.
Paul
Brennan
continues
to
serve
as
a
portfolio
manager
of
the
Funds.
Christopher
Drahn
will
also
continue
to
serve
as
a
portfolio
manager
of
the
Funds
until
his
retirement
on
April
1,
2024.
Risk
Considerations
and
Dividend
Information
Risk
Considerations
Nuveen
All
American
Municipal
Bond
Fund
Mutual
fund
investing
involves
risk;
principal
loss
is
possible.
Debt
or
fixed
income
securities
such
as
those
held
by
the
Fund,
are
subject
to
market
risk,
credit
risk,
interest
rate
risk,
call
risk,
tax
risk,
political
and
economic
risk,
and
income
risk.
As
interest
rates
rise,
bond
prices
fall.
Credit
risk
refers
to
an
issuers
ability
to
make
interest
and
principal
payments
when
due.
Below
investment
grade
or
high
yield
debt
securities
are
subject
to
liquidity
risk
and
heightened
credit
risk.
In
addition,
the
Fund
periodically
engages
in
a
moderate
amount
of
portfolio
leverage
and
in
doing
so,
assumes
a
higher
level
of
risk
in
pursuit
of
its
objectives.
Leverage
involves
the
risk
that
the
Fund
could
lose
more
than
its
original
investment
and
also
increases
the
Fund’s
exposure
to
volatility,
interest
rate
risk
and
credit
risk.
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
Mutual
fund
investing
involves
risk;
principal
loss
is
possible.
Debt
or
fixed
income
securities
such
as
those
held
by
the
Fund,
are
subject
to
market
risk,
credit
risk,
interest
rate
risk,
call
risk,
tax
risk,
political
and
economic
risk,
and
income
risk.
As
interest
rates
rise,
bond
prices
fall.
Credit
risk
refers
to
an
issuers
ability
to
make
interest
and
principal
payments
when
due.
Below
investment
grade
or
high
yield
debt
securities
are
subject
to
liquidity
risk
and
heightened
credit
risk.
The
Fund’s
use
of
inverse
floaters
creates
effective
leverage.
Leverage
involves
the
risk
that
the
Fund
could
lose
more
than
its
original
investment
and
also
increases
the
Fund’s
exposure
to
volatility
and
interest
rate
risk.
Nuveen
Limited
Term
Municipal
Bond
Fund
Mutual
fund
investing
involves
risk;
principal
loss
is
possible.
Debt
or
fixed
income
securities
such
as
those
held
by
the
Fund,
are
subject
to
market
risk,
credit
risk,
interest
rate
risk,
call
risk,
tax
risk,
political
and
economic
risk,
and
income
risk.
As
interest
rates
rise,
bond
prices
fall.
Credit
risk
refers
to
an
issuers
ability
to
make
interest
and
principal
payments
when
due.
Below
investment
grade
or
high
yield
debt
securities
are
subject
to
liquidity
risk
and
heightened
credit
risk.
The
Fund’s
use
of
inverse
floaters
creates
effective
leverage.
Leverage
involves
the
risk
that
the
Fund
could
lose
more
than
its
original
investment
and
also
increases
the
Fund’s
exposure
to
volatility
and
interest
rate
risk.
Nuveen
Short
Term
Municipal
Bond
Fund
Mutual
fund
investing
involves
risk;
principal
loss
is
possible.
Debt
or
fixed
income
securities
such
as
those
held
by
the
Fund,
are
subject
to
market
risk,
credit
risk,
interest
rate
risk,
call
risk,
tax
risk,
political
and
economic
risk,
and
income
risk.
As
interest
rates
rise,
bond
prices
fall.
Credit
risk
refers
to
an
issuers
ability
to
make
interest
and
principal
payments
when
due.
Below
investment
grade
or
high
yield
debt
securities
are
subject
to
liquidity
risk
and
heightened
credit
risk.
The
Fund’s
use
of
inverse
floaters
creates
effective
leverage.
Leverage
involves
the
risk
that
the
Fund
could
lose
more
than
its
original
investment
and
also
increases
the
Fund’s
exposure
to
volatility
and
interest
rate
risk.
Dividend
Information
Each
Fund
seeks
to
pay
regular
monthly
dividends
out
of
its
net
investment
income
at
a
rate
that
reflects
its
past
and
projected
net
income
performance.
To
permit
each
Fund
to
maintain
a
more
stable
monthly
dividend,
the
Fund
may
pay
dividends
at
a
rate
that
may
be
more
or
less
than
the
amount
of
net
income
actually
earned
by
the
Fund
during
the
period.
Distributions
to
shareholders
are
determined
on
a
tax
basis,
which
may
differ
from
amounts
recorded
in
the
accounting
records.
In
instances
where
the
monthly
dividend
exceeds
the
earned
net
investment
income,
the
Fund
would
report
a
negative
undistributed
net
ordinary
income.
Refer
to
Notes
to
Financial
Statements
for
additional
information
regarding
the
amounts
of
undistributed
net
ordinary
income
and
undistributed
net
long-term
capital
gains
and
the
character
of
the
actual
distributions
paid
by
the
Fund
during
the
period.
All
monthly
dividends
paid
by
each
Fund
during
the
current
reporting
period
were
paid
from
net
investment
income.
If
a
portion
of
the
Fund’s
monthly
distributions
is
sourced
or
comprised
of
elements
other
than
net
investment
income,
including
capital
gains
and/
or
a
return
of
capital,
shareholders
will
be
notified
of
those
sources.
For
financial
reporting
purposes,
the
per
share
amounts
of
the
Fund’s
distributions
for
the
reporting
period
are
presented
in
this
report’s
Financial
Highlights.
For
income
tax
purposes,
distribution
information
for
the
Fund
as
of
its
most
recent
tax
year
end
is
presented
within
the
Notes
to
Financial
Statements
of
this
report.
Lipper
General
&
Insured
Municipal
Debt
Funds
Classification
Average:
Represents
the
average
annualized
total
return
for
all
reporting
funds
in
the
Lipper
General
&
Insured
Municipal
Debt
Funds
Classification.
Lipper
returns
account
for
the
effects
of
management
fees
and
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges.
Lipper
Intermediate
Municipal
Debt
Funds
Classification
Average:
Represents
the
average
annualized
total
return
for
all
reporting
funds
in
the
Lipper
Intermediate
Municipal
Debt
Funds
Classification.
Lipper
returns
account
for
the
effects
of
management
fees
and
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges.
Lipper
Short-Intermediate
Municipal
Debt
Funds
Classification
Average:
Represents
the
average
annualized
total
return
for
all
reporting
funds
in
the
Lipper
Short-Intermediate
Municipal
Debt
Funds
Classification.
Lipper
returns
account
for
the
effects
of
management
fees
and
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges.
Lipper
Short
Municipal
Debt
Funds
Classification
Average
:
Represents
the
average
annualized
total
return
for
all
reporting
funds
in
the
Lipper
Short
Municipal
Debt
Funds
Classification.
Lipper
returns
account
for
the
effects
of
management
fees
and
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges.
S&P
Municipal
Bond
Index:
An
index
designed
to
measure
the
performance
of
the
tax-exempt
U.S.
municipal
bond
market.
Index
returns
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges
or
management
fees.
S&P
Municipal
Bond
Intermediate
Index:
An
index
containing
bonds
in
the
S&P
Municipal
Bond
Index
that
mature
between
3
and
15
years.
Index
returns
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges
or
management
fees.
S&P
Municipal
Bond
Short
Index:
An
index
containing
bonds
in
the
S&P
Municipal
Bond
Index
with
maturities
between
6
months
and
4
years.
Index
returns
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges
or
management
fees.
S&P
Municipal
Bond
Short-Intermediate
Index:
An
index
containing
bonds
in
the
S&P
Municipal
Bond
Index
that
mature
between
1
and
8
years.
Index
returns
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges
or
management
fees.
Fund
Performance,
Expense
Ratios,
Effective
Leverage
and
Holding
Summaries
The
Fund
Performance,
Expense
Ratios,
Effective
Leverage
Ratios
and
Holdings
Summaries
for
each
Fund
are
shown
within
this
section
of
the
report.
Fund
Performance
Performance
data
shown
represents
past
performance
and
does
not
predict
or
guarantee
future
results.
Investment
returns
and
principal
value
will
fluctuate
so
that
when
shares
are
redeemed,
they
may
be
worth
more
or
less
than
their
original
cost.
Current
performance
may
be
higher
or
lower
than
the
performance
shown.
Total
returns
for
a
period
of
less
than
one
year
are
not
annualized
(i.e.
cumulative
returns).
Since
inception
returns
are
shown
for
share
classes
that
have
less
than
10-years
of
performance.
Returns
at
net
asset
value
(NAV)
would
be
lower
if
the
sales
charge
were
included.
Returns
assume
reinvestment
of
dividends
and
capital
gains.
For
performance,
current
to
the
most
recent
month-end
visit
Nuveen.com
or
call
(800)
257-8787.
Returns
do
not
reflect
the
deduction
of
taxes
that
a
shareholder
would
pay
on
Fund
distributions
or
the
redemption
of
Fund
shares.
Income
is
generally
exempt
from
regular
federal
income
taxes.
Some
income
may
be
subject
to
state
and
local
income
taxes
and
to
the
federal
alternative
minimum
tax.
Capital
gains,
if
any,
are
subject
to
tax.
Returns
may
reflect
fee
waivers
and/or
expense
reimbursements
by
the
investment
adviser
during
the
periods
presented.
If
any
such
waivers
and/or
reimbursements
had
not
been
in
place,
returns
would
have
been
reduced.
See
Notes
to
Financial
Statements
for
more
information.
Returns
reflect
differences
in
sales
charges
and
expenses,
which
are
primarily
differences
in
distribution
and
service
fees,
and
assume
reinvestment
of
dividends
and
capital
gains.
Comparative
index
and
Lipper
return
information
is
provided
for
Class
A
Shares
at
NAV
only.
Expense
Ratios
The
expense
ratios
shown
are
as
of
the
Fund’s
most
recent
prospectus.
The
expense
ratios
shown
reflect
total
operating
expenses
(before
fee
waivers
and/or
expense
reimbursements,
if
any).
The
expense
ratios
include
management
fees
and
other
fees
and
expenses.
Refer
to
the
Financial
Highlights
later
in
this
report
for
the
Fund’s
expense
ratios
as
of
the
end
of
the
reporting
period.
Effective
Leverage
Ratios
Leverage
is
created
whenever
a
Fund
has
investment
exposure
(both
reward
and/or
risk)
equivalent
to
more
than
100%
of
its
investment
capital.
The
effective
leverage
ratio
shown
for
each
Fund
is
the
amount
of
investment
exposure
created
either
directly
through
borrowings
or
indirectly
through
inverse
floaters,
divided
by
the
assets
invested,
including
those
assets
that
were
purchased
with
the
proceeds
of
the
leverage,
or
referenced
by
the
levered
instrument.
A
Fund
may
also
from
time
to
time
borrow
on
a
typically
transient
basis
in
connection
with
its
day-to-day
operations,
primarily
in
connection
with
the
need
to
pay
cash
out
to
redeeming
shareholders
or
to
settle
portfolio
trades.
Such
incidental
borrowings,
described
generally
in
Notes
to
Financial
Statements,
are
excluded
from
the
calculation
of
a
Fund’s
effective
leverage
ratio.
Holdings
Summaries
The
Holdings
Summaries
data
relates
to
the
securities
held
in
the
Fund’s
portfolio
of
investments
as
of
the
end
of
this
reporting
period.
It
should
not
be
construed
as
a
measure
of
performance
for
the
Fund
itself.
Holdings
are
subject
to
change.
Refer
to
the
Fund’s
Portfolio
of
Investments
for
individual
security
information.
For
financial
reporting
purposes,
the
ratings
disclosed
are
the
highest
rating
given
by
one
of
the
following
national
rating
agencies:
Standard
&
Poor’s,
Moody’s
Investors
Service,
Inc.
or
Fitch,
Inc.
This
treatment
of
split-rated
securities
may
differ
from
that
used
for
other
purposes,
such
as
for
Fund
investment
policies.
Credit
ratings
are
subject
to
change.
AAA,
AA,
A
and
BBB
are
investment
grade
ratings;
BB,
B,
CCC,
CC,
C
and
D
are
below
investment
grade
ratings.
Holdings
designated
N/R
are
not
rated
by
these
national
rating
agencies.
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Fund
Performance,
Expense
Ratios,
Effective
Leverage
and
Holding
Summaries
September
30,
2023
Refer
to
the
first
page
of
this
Fund
Performance,
Expense
Ratios,
Effective
Leverage
Ratios
and
Holdings
Summa-
ries section
for
further
explanation
of the
information
included
within
this
section.
Refer
to
the
Glossary
of
Terms
Used
in
this
Report
for
further
definition
of
terms
used
in
this
section.
Fund
Performance
and
Expense
Ratios*
*
For
purposes
of
Fund
performance,
relative
results
are
measured
against
the
S&P
Municipal
Bond
Index.
**
Class
A
Shares
have
a
maximum
4.20%
sales
charge
(Offering
Price).
Class
A
Share
purchases
of
$250,000
or
more
are
sold
at
net
asset
value
without
an
up-front
sales
charge
but
may
be
subject
to
a
contingent
deferred
sales
charge
(CDSC)
of
1%
if
redeemed
within
eighteen
months
of
purchase.
Class
C
Shares
have
a
1%
CDSC
for
redemptions
less
than
twelve
months
after
purchase,
which
is
reflected
in
the
maximum
Offering
Price
total
returns
presented
for
less
than
1-Year,
when
and
where
applicable.
Class
C
Shares
automatically
convert
to
Class
A
Shares eight
years
after
purchase.
Returns
for
periods
longer
than
eight
years
for
Class
C Shares
reflect
the
performance
of
Class
A
Shares
after
the
deemed
eight-year
conversion
to
Class
A
Shares
within
such
periods.
Class
R6
Shares
have
no
sales
charge
and
are
available
only
to
certain
limited
categories
as
described
in
the
prospectus.
Class
I
Shares
have
no
sales
charge
and
may
be
purchased
under
limited
circumstances
or
by
specified
classes
of
investors.
Effective
Leverage
Ratio
as
of
September
30,
2023
Total
Returns
as
of
September
30,
2023**
Cumulative
Average
Annual
Expense
Ratios
Inception
Date
6-Month
1-Year
5-Year
10-Year
Class
A
at
NAV
10/03/88
(3.01)%
2.85%
0.05%
2.46%
0.82%
Class
A
at
maximum
Offering
Price
10/03/88
(7.05)%
(1.51)%
(0.82)%
2.03%
—
S&P
Municipal
Bond
Index
—
(3.49)%
2.80%
1.14%
2.38%
—
Lipper
General
&
Insured
Municipal
Debt
Funds
Classification
Average
—
(3.68)%
2.42%
0.52%
2.08%
—
Class
I
2/06/97
(2.88)%
3.18%
0.26%
2.68%
0.62%
Total
Returns
as
of
September
30,
2023**
Cumulative
Average
Annual
Expense
Ratios
Inception
Date
6-Month
1-Year
5-Year
Since
Inception
Class
C
at
NAV
2/10/14
(3.29)%
2.15%
(0.74)%
1.51%
1.62%
Class
C
at
maximum
Offering
Price
2/10/14
(4.24)%
2.15%
(0.74)%
1.51%
–
Class
R6
6/30/16
(2.88)%
3.08%
0.26%
0.53%
0.58%
Effective
Leverage
Ratio
1.22%
Holdings
Summaries
as
of
September
30,
2023
Fund
Allocation
(%
of
net
assets)
Municipal
Bonds
99
.1
%
Common
Stocks
1
.3
%
Asset-Backed
and
Mortgage-
Backed
Securities
0
.1
%
Variable
Rate
Senior
Loan
Interests
0
.0
%
Short-Term
Municipal
Bonds
1
.3
%
Other
Assets
&
Liabilities,
Net
0.3%
Borrowings
(0.9)%
Floating
Rate
Obligations
(1.2)%
Net
Assets
100
%
Bond
Credit
Quality
(%
of
total
investment
exposure)
U.S.
Guaranteed
1.2%
AAA
4.5%
AA
32.3%
A
27.1%
BBB
13.2%
BB
or
Lower
5.3%
N/R
(not
rated)
15.1%
N/A
(not
applicable)
1.3%
Total
100
%
Portfolio
Composition
(%
of
total
investments)
Transportation
24.8%
Tax
Obligation/Limited
17.0%
Health
Care
15.5%
Utilities
11.4%
Tax
Obligation/General
10.9%
Education
and
Civic
Organizations
7.8%
Long-Term
Care
2.2%
Other
9.0%
Common
Stocks
1.3%
Asset-Backed
and
Mortgage-
Backed
Securities
0.1%
Variable
Rate
Senior
Loan
Interests
0.0%
Total
100%
States
and
Territories
1
(%
of
total
municipal
bonds)
California
11.1%
New
York
10.1%
Illinois
9.1%
Florida
9.1%
Texas
8.8%
Colorado
5.3%
Pennsylvania
5.0%
Tennessee
3.9%
Wisconsin
2.9%
Washington
2.7%
Arizona
2.4%
New
Jersey
2.4%
Missouri
2.2%
Puerto
Rico
2.1%
Indiana
2.1%
Massachusetts
2.0%
Minnesota
1.4%
Louisiana
1.3%
National
1.3%
Kentucky
1.3%
Other
13.5%
Total
100%
1
See
the
Portfolio
of
Investments
for
the
remaining
states
comprising
"Other"
and
not
listed
in
the
table
above.
Nuveen
Intermediate
Duration
Bond
Fund
(continued)
Fund
Performance,
Expense
Ratios,
Effective
Leverage
and
Holding
Summaries
September
30,
2023
Refer
to
the
first
page
of
this
Fund
Performance,
Expense
Ratios,
Effective
Leverage
Ratios
and
Holdings
Summa-
ries section
for
further
explanation
of the
information
included
within
this
section.
Refer
to
the
Glossary
of
Terms
Used
in
this
Report
for
further
definition
of
terms
used
in
this
section.
Fund
Performance
and
Expense
Ratios*
*
For
purposes
of
Fund
performance,
relative
results
are
measured
against
the
S&P
Municipal
Bond
Intermediate
Index.
**
Class
A
Shares
have
a
maximum
3.00%
sales
charge
(Offering
Price).
Class
A
Share
purchases
of
$250,000
or
more
are
sold
at
net
asset
value
without
an
up-front
sales
charge
but
may
be
subject
to
a
contingent
deferred
sales
charge
(CDSC)
of
1%
if
redeemed
within
eighteen
months
of
purchase.
Class
C
Shares
have
a
1%
CDSC
for
redemptions
within less
than
twelve
months,
which
is
reflected
in
the
maximum
Offering
Price
total
returns
presented
for
less
than
1-Year,
when
and
where
applicable.
Class
C
Shares
automatically
convert
to
Class
A
Shares
eight
years
after
purchase.
Returns
for
periods
longer
than
eight
years
for
Class
C
Shares
reflect
the
performance
of
Class
A
Shares
after
the
deemed
eight-year
conversion
to
Class
A
Shares
within
such
periods.
Class
I
Shares
have
no
sales
charge
and
may
be
purchased
under
limited
circumstances
or
by
specified
classes
of
investors.
Effective
Leverage
Ratio
as
of
September
30,
2023
Total
Returns
as
of
September
30,
2023**
Cumulative
Average
Annual
Expense
Ratios
Inception
Date
6-Month
1-Year
5-Year
10-Year
Class
A
at
NAV
6/13/95
(2.61)%
2.69%
0.88%
2.04%
0.65%
Class
A
at
maximum
Offering
Price
6/13/95
(5.52)%
(0.39)%
0.27%
1.72%
—
S&P
Municipal
Bond
Intermediate
Index
—
(3.59)%
2.72%
1.32%
2.17%
—
Lipper
Intermediate
Municipal
Debt
Funds
Classification
Average
—
(2.76)%
2.77%
0.97%
1.69%
—
Class
I
11/29/76
(2.62)%
2.77%
1.08%
2.23%
0.45%
Total
Returns
as
of
September
30,
2023**
Cumulative
Average
Annual
Expense
Ratios
Inception
Date
6-Month
1-Year
5-Year
Since
Inception
Class
C
at
NAV
2/10/14
(3.01)%
1.75%
0.07%
1.19%
1.45%
Class
C
at
maximum
Offering
Price
2/10/14
(3.97)%
1.75%
0.07%
1.19%
—
Effective
Leverage
Ratio
0.00%
Holdings
Summaries
as
of
September
30,
2023
Fund
Allocation
(%
of
net
assets)
Municipal
Bonds
96
.0
%
Common
Stocks
2
.9
%
Asset-Backed
and
Mortgage-
Backed
Securities
0
.2
%
Other
Assets
&
Liabilities,
Net
0.9%
Net
Assets
100
%
Bond
Credit
Quality
(%
of
total
investment
exposure)
U.S.
Guaranteed
3.6%
AAA
6.5%
AA
27.5%
A
31.7%
BBB
11.9%
BB
or
Lower
5.4%
N/R
(not
rated)
10.5%
N/A
(not
applicable)
2.9%
Total
100
%
Portfolio
Composition
1
(%
of
total
investments)
Utilities
17.2%
Transportation
16.3%
Health
Care
14.3%
Tax
Obligation/Limited
11.7%
Tax
Obligation/General
10.6%
Housing/Single
Family
8.7%
U.S.
Guaranteed
3.6%
Other
14.5%
Common
Stocks
2.9%
Asset-Backed
and
Mortgage-
Backed
Securities
0.2%
Total
100%
States
and
Territories
2
(%
of
total
municipal
bonds)
Illinois
10.1%
Florida
5.5%
New
York
5.4%
Texas
5.1%
Pennsylvania
4.8%
Ohio
4.5%
California
4.2%
New
Jersey
3.9%
Puerto
Rico
3.9%
Washington
3.6%
Indiana
3.1%
Michigan
2.8%
Colorado
2.7%
Oklahoma
2.7%
Georgia
2.6%
Alabama
2.3%
Louisiana
2.2%
Wisconsin
2.1%
Virginia
2.0%
District
of
Columbia
1.7%
Kentucky
1.7%
Maryland
1.7%
Connecticut
1.6%
Tennessee
1.5%
Arizona
1.3%
Other
17.0%
Total
100%
1
"Other"
sectors
include
9
sectors
that
individually
constitute
less
than
4.5%
as
a
percentage
of
total
investments
2
See
the
Portfolio
of
Investments
for
the
remaining
states
comprising
"Other"
and
not
listed
in
the
table
above.
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Fund
Performance,
Expense
Ratios,
Effective
Leverage
and
Holding
Summaries
September
30,
2023
Refer
to
the
first
page
of
this
Fund
Performance,
Expense
Ratios,
Effective
Leverage
Ratios
and
Holdings
Summa-
ries section
for
further
explanation
of the
information
included
within
this
section.
Refer
to
the
Glossary
of
Terms
Used
in
this
Report
for
further
definition
of
terms
used
in
this
section.
Fund
Performance
and
Expense
Ratios*
*
For
purposes
of
Fund
performance,
relative
results
are
measured
against
the
S&P
Municipal
Bond
Short-Intermediate
Index.
**
Class
A
Shares
have
a
maximum
2.50%
sales
charge
(Offering
Price).
Class
A
Share
purchases
of
$250,000
or
more
are
sold
at
net
asset
value
without
an
up-front
sales
charge
but
may
be
subject
to
a
contingent
deferred
sales
charge
(CDSC)
of
0.70%
if
redeemed
within
eighteen
months
of
purchase.
Class
C
Shares
have
a
1%
CDSC
for
redemptions
less
than
twelve
months
after
purchase,
which
is
reflected
in
the
maximum
Offering
Price
total
returns
presented
for
less
than
1-Year,
when
and
where
applicable. Class
C
Shares
automatically
convert
to
Class
A
Shares
eight
years
after
purchase.
Returns
for
periods
longer
than
eight
years
for
Class
C
Shares
reflect
the
performance
of
Class
A
Shares
after
the
deemed
eight-year
conversion
to
Class
A
Shares
within
such
periods.
Class
I
Shares
have
no
sales
charge
and
may
be
purchased
under
limited
circumstances
or
by
specified
classes
of
investors.
Effective
Leverage
Ratio
as
of
September
30,
2023
Total
Returns
as
of
September
30,
2023**
Cumulative
Average
Annual
Expense
Ratios
Inception
Date
6-Month
1-Year
5-Year
10-Year
Class
A
at
NAV
10/19/87
(1.59)%
2.24%
1.09%
1.34%
0.61%
Class
A
at
maximum
Offering
Price
10/19/87
(4.06)%
(0.31)%
0.58%
1.09%
—
S&P
Municipal
Bond
Short-Intermediate
Index
—
(2.07)%
2.09%
1.10%
1.38%
—
Lipper
Short-Intermediate
Municipal
Debt
Funds
Classification
Average
—
(1.65)%
2.11%
0.74%
1.03%
—
Class
I
2/06/97
(1.49)%
2.38%
1.28%
1.54%
0.41%
Total
Returns
as
of
September
30,
2023**
Cumulative
Average
Annual
Expense
Ratios
Inception
Date
6-Month
1-Year
5-Year
Since
Inception
Class
C
at
NAV
2/10/14
(1.99)%
1.35%
0.27%
0.60%
1.41%
Class
C
at
maximum
Offering
Price
2/10/14
(2.96)%
1.35%
0.27%
0.60%
—
Effective
Leverage
Ratio
0.00%
Holdings
Summaries
as
of
September
30,
2023
Fund
Allocation
(%
of
net
assets)
Municipal
Bonds
96
.2
%
Common
Stocks
4
.0
%
Short-Term
Municipal
Bonds
0
.1
%
Other
Assets
&
Liabilities,
Net
(0.3)%
Borrowings
0.0%
Net
Assets
100
%
Bond
Credit
Quality
(%
of
total
investment
exposure)
U.S.
Guaranteed
1.9%
AAA
11.2%
AA
32.2%
A
31.2%
BBB
9.1%
BB
or
Lower
2.2%
N/R
(not
rated)
8.2%
N/A
(not
applicable)
4.0%
Total
100
%
Portfolio
Composition
(%
of
total
investments)
Utilities
21.6%
Tax
Obligation/General
17.2%
Health
Care
11.5%
Transportation
11.4%
Tax
Obligation/Limited
10.1%
Housing/Single
Family
7.8%
Housing/Multifamily
3.5%
Other
12.9%
Common
Stocks
4.0%
Total
100%
States
and
Territories
1
(%
of
total
municipal
bonds)
New
York
8.0%
Illinois
6.7%
Oklahoma
4.8%
Florida
4.6%
Ohio
4.5%
Indiana
4.2%
Texas
4.0%
Puerto
Rico
3.9%
Pennsylvania
3.7%
Louisiana
3.6%
California
3.4%
New
Jersey
3.2%
Colorado
2.9%
Washington
2.7%
Alabama
2.5%
Wisconsin
2.5%
Kentucky
2.5%
Connecticut
2.4%
Georgia
2.2%
Virginia
2.2%
District
of
Columbia
1.9%
Michigan
1.9%
Arizona
1.6%
Maryland
1.5%
Massachusetts
1.2%
Other
17.4%
Total
100%
1
See
the
Portfolio
of
Investments
for
the
remaining
states
comprising
"Other"
and
not
listed
in
the
table
above.
Nuveen
Short
Term
Municipal
Bond
Fund
(continued)
Fund
Performance,
Expense
Ratios,
Effective
Leverage
and
Holding
Summaries
September
30,
2023
Refer
to
the
first
page
of
this
Fund
Performance,
Expense
Ratios,
Effective
Leverage
Ratios
and
Holdings
Summa-
ries section
for
further
explanation
of the
information
included
within
this
section.
Refer
to
the
Glossary
of
Terms
Used
in
this
Report
for
further
definition
of
terms
used
in
this
section.
Fund
Performance
and
Expense
Ratios*
*
For
purposes
of
Fund
performance,
relative
results
are
measured
against
the
S&P
Municipal
Bond
Short
Index.
**
Class
A
Shares
have
a
maximum
2.50%
sales
charge
(Offering
Price).
Class
A
Share
purchases
of
$250,000
or
more
are
sold
at
net
asset
value
without
an
up-front
sales
charge
but
may
be
subject
to
a
contingent
deferred
sales
charge
(CDSC)
of
0.70%
if
redeemed
within twelve
months
of
purchase.
Class
C
Shares
have
a
1%
CDSC
for
redemptions
less
than
twelve
months
after
purchase,
which
is
reflected
in
the
maximum
Offering
Price
total
returns
presented
for
less
than
1-Year,
when
and
where
applicable. Class
C
Shares
automatically
convert
to
Class
A
Shares
eight
years
after
purchase.
Returns
for
periods
longer
than
eight
years
for
Class
C
Shares
reflect
the
performance
of
Class
A
Shares
after
the
deemed
eight-year
conversion
to
Class
A
Shares
within
such
periods.
Class
I
Shares
have
no
sales
charge
and
may
be
purchased
under
limited
circumstances
or
by
specified
classes
of
investors.
Effective
Leverage
Ratio
as
of
September
30,
2023
Total
Returns
as
of
September
30,
2023**
Cumulative
Average
Annual
Expense
Ratios
Inception
Date
6-Month
1-Year
5-Year
10-Year
Class
A
at
NAV
10/25/02
(0.57)%
1.94%
0.63%
0.66%
0.69%
Class
A
at
maximum
Offering
Price
10/25/02
(3.04)%
(0.65)%
0.12%
0.41%
—
S&P
Municipal
Bond
Short
Index
—
(0.65)%
2.20%
1.04%
0.99%
—
Lipper
Short
Municipal
Debt
Funds
Classification
Average
—
(0.07)%
2.43%
0.75%
0.70%
—
Class
I
10/25/02
(0.57)%
2.14%
0.83%
0.87%
0.49%
Total
Returns
as
of
September
30,
2023**
Cumulative
Average
Annual
Expense
Ratios
Inception
Date
6-Month
1-Year
5-Year
Since
Inception
Class
C
at
NAV
2/10/14
(1.08)%
1.13%
(0.19)%
0.01%
1.49%
Class
C
at
maximum
Offering
Price
2/10/14
(2.07)%
1.13%
(0.19)%
0.01%
—
Effective
Leverage
Ratio
0.00%
Holdings
Summaries
as
of
September
30,
2023
Fund
Allocation
(%
of
net
assets)
Municipal
Bonds
99
.4
%
Common
Stocks
0
.3
%
Other
Assets
&
Liabilities,
Net
0.5%
Borrowings
(0.2)%
Net
Assets
100
%
Bond
Credit
Quality
(%
of
total
investment
exposure)
U.S.
Guaranteed
3.2%
AAA
6.1%
AA
44.3%
A
32.1%
BBB
5.9%
BB
or
Lower
0.5%
N/R
(not
rated)
7.6%
N/A
(not
applicable)
0.3%
Total
100
%
Portfolio
Composition
(%
of
total
investments)
Health
Care
22.9%
Transportation
20.3%
Tax
Obligation/General
15.3%
Utilities
14.4%
Tax
Obligation/Limited
11.4%
Education
and
Civic
Organizations
3.6%
U.S.
Guaranteed
3.2%
Other
8.6%
Common
Stocks
0.3%
Total
100%
States
and
Territories
1
(%
of
total
municipal
bonds)
Texas
10.2%
Illinois
7.3%
Colorado
6.3%
Minnesota
6.3%
Florida
5.0%
Wisconsin
4.3%
Arizona
4.1%
New
Jersey
3.7%
North
Carolina
3.6%
New
York
3.5%
Louisiana
3.2%
Massachusetts
3.0%
Tennessee
2.7%
Washington
2.6%
California
2.6%
Georgia
2.5%
Alabama
2.5%
District
of
Columbia
2.5%
Missouri
2.0%
Oregon
2.0%
South
Carolina
2.0%
Indiana
1.7%
New
Mexico
1.7%
Ohio
1.6%
Oklahoma
1.6%
Other
11.5%
Total
100%
1
See
the
Portfolio
of
Investments
for
the
remaining
states
comprising
"Other"
and
not
listed
in
the
table
above.
Yields
as
of
September
30,
2023
Dividend
Yield
is
the
most
recent
dividend
per
share
(annualized)
divided
by
the
offering
price
per
share.
The
SEC
30-Day
Yield
is
a
standardized
measure
of
a
fund’s
yield
that
accounts
for
the
future
amortization
of
premiums
or
discounts
of
bonds
held
in
the
fund’s
portfolio.
The
SEC
30-Day
Yield
is
computed
under
an
SEC
standardized
formula
and
is
based
on
the
maximum
offer
price
per
share.
Dividend
Yield
may
differ
from
the
SEC
30-Day
Yield
because
the
fund
may
be
paying
out
more
or
less
than
it
is
earning
and
it
may
not
include
the
effect
of
amortization
of
bond
premium
or
discounts.
The
Taxable-Equivalent
Yield
represents
the
yield
that
must
be
earned
on
a
fully
taxable
investment
in
order
to
equal
the
yield
of
the
Fund
on
an
after-tax
basis
at
an
assumed
tax
rate.
Your
actual
combined
federal
and
state
income
tax
rates
may
differ
from
the
assumed
rate.
Taxable-Equivalent
Yield
also
takes
into
account
the
percentage
of
the
Fund’s
income
generated
and
paid
by
the
Fund
(based
on
payments
made
during
the
previous
calendar
year)
that
was
either
exempt
from
federal
income
tax
but
not
from
state
income
tax
(e.g.,
income
from
an
out-of-state
municipal
bond),
or
was
exempt
from
neither
federal
nor
state
income
tax.
Separately,
if
the
comparison
were
instead
to
investments
that
generate
qualified
dividend
income,
which
is
taxable
at
a
rate
lower
than
an
individual’s
ordinary
graduated
tax
rate,
the
fund’s
Taxable-Equivalent
Yield
would
be
lower.
nmbf
Nuveen
All-American
Municipal
Bond
Fund
Share
Class
Class
A
1
Class
C
Class
R6
Class
I
Dividend
Yield
3
.58
%
2
.92
%
3
.96
%
3
.96
%
SEC
30-Day
Yield
3
.91
%
3
.27
%
4
.33
%
4
.29
%
Taxable-Equivalent
Yield
(40.8%)
2
6
.57
%
5
.50
%
7
.28
%
7
.21
%
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
Share
Class
Class
A
1
Class
C
Class
I
Dividend
Yield
2
.62
%
1
.85
%
2
.91
%
SEC
30-Day
Yield
3
.20
%
2
.49
%
3
.51
%
Taxable-Equivalent
Yield
(40.8%)
2
5
.38
%
4
.18
%
5
.90
%
Nuveen
Limited
Term
Municipal
Bond
Fund
Share
Class
Class
A
1
Class
C
Class
I
Dividend
Yield
2
.04
%
1
.31
%
2
.33
%
SEC
30-Day
Yield
2
.58
%
1
.84
%
2
.85
%
Taxable-Equivalent
Yield
(40.8%)
2
4
.34
%
3
.09
%
4
.79
%
Nuveen
Short
Term
Municipal
Bond
Fund
Share
Class
Class
A
1
Class
C
Class
I
Dividend
Yield
2
.18
%
1
.44
%
2
.42
%
SEC
30-Day
Yield
3
.04
%
2
.31
%
3
.31
%
Taxable-Equivalent
Yield
(40.8%)
2
5
.13
%
3
.90
%
5
.58
%
1
The
SEC
Yield
for
Class
A
shares
quoted
in
the
table
reflects
the
maximum
sales
load.
Investors
paying
a
reduced
load
because
of
volume
discounts,
investors
paying
no
load
because
they
qualify
for
one
of
the
several
exclusions
from
the
load
and
existing
shareholders
who
previously
paid
a
load
but
would
like
to
know
the
SEC
Yield
applicable
to
their
shares
on
a
going-forward
basis,
should
understand
the
SEC
Yield
effectively
applicable
to
them
would
be
higher
than
the
figure
quoted
in
the
table.
2
The
Taxable-Equivalent
Yield
is
based
on
the
Fund's
SEC
30-Day
Yield
on
the
indicated
date
and
a
combined
federal
and
state
income
tax
rate
shown
in
the
respective
table
above.
As
a
shareholder
of
one
or
more
of
the
Funds,
you
incur
two
types
of
costs:
(1)
transaction
costs, including
up-front
and
back-
end
sales
charges
(loads)
or
redemption
fees,
where
applicable;
and
(2)
ongoing
costs,
including
management
fees;
distribution
and
service
(12b-1)
fees,
where
applicable;
and
other
Fund
expenses.
The
Examples
below
are
intended
to
help
you
understand
your
ongoing
costs
(in
dollars)
of
investing
in
the
Funds
and
to
compare
these
costs
with
the
ongoing
costs
of investing
in
other
mutual
funds.
The
Examples
below
include
the
interest
and
related
expenses
from
inverse
floaters
that
are
reflected
in
the
financial
statements
later
within
this
report,
when
applicable.
The
Examples
below
are
based
on
an
investment
of
$1,000
invested
at
the
beginning
of
the
period
and
held
through
the
period
ended
September
30,
2023.
The
beginning
of
the
period
is
April
1,
2023.
The
information
under
“Actual
Performance,”
together
with
the
amount
you
invested,
allows
you
to
estimate
actual
expenses
incurred
over
the
reporting
period.
Simply
divide
your
account
value
by
$1,000
(for
example,
an
$8,600
account
value
divided
by
$1,000
=
8.60)
and
multiply
the
result
by
the
cost
shown
for
your
share
class,
in
the
row
entitled
“Expenses
Incurred
During
Period”
to
estimate
the
expenses
incurred
on
your
account
during
this
period.
The
information
under
“Hypothetical
Performance,”
provides
information
about
hypothetical
account
values
and
hypothetical
expenses
based
on
each
Fund’s
actual
expense
ratios
and
an
assumed
rate
of
return
of
5%
per
year
before
expenses,
which
is
not
the
Fund’s
actual
return.
The
hypothetical
account
values
and
expenses
may
not
be
used
to
estimate
the
actual
ending
account
balance
or
expense
you
incurred
for
the
period.
You
may
use
this
information
to
compare
the
ongoing
costs
of
investing
in
the
Fund
and
other
funds.
To
do
so,
compare
this
5%
hypothetical
example
with
the
5%
hypothetical
examples
that
appear
in
the
shareholder
reports
of
the
other
funds.
Please
note
that
the
expenses
shown
in
the
following
tables
are
meant
to
highlight
your
ongoing
costs
only
and
do
not
reflect
any
transaction
costs.
Therefore,
the
hypothetical
information
is
useful
in
comparing
ongoing
costs
only,
and
will
not
help
you
determine
the
relative
total
costs
of
owning
different
funds
or
share
classes.
In
addition,
if
these
transaction
costs
were
included,
your
costs
would
have
been
higher.
Nuveen
All-American
Municipal
Bond
Fund
Share
Class
Class
A
Class
C
Class
R6
Class
I
Actual
Performance
Beginning
Account
Value
$1,000.00
$1,000.00
$1,000.00
$1,000.00
Ending
Account
Value
$969.91
$967.14
$971.22
$971.23
Expenses
Incurred
During
the
Period
$3.80
$7.73
$2.67
$2.81
Hypothetical
Performance
(5%
annualized
return
before
expenses)
Beginning
Account
Value
$1,000.00
$1,000.00
$1,000.00
$1,000.00
Ending
Account
Value
$1,021.15
$1,017.15
$1,022.30
$1,022.15
Expenses
Incurred
During
the
Period
$3.90
$7.92
$2.73
$2.89
For
each
class
of
the
Fund,
expenses
are
equal
to
the
Fund’s
annualized
net
expense
ratio
of
0.77%,
1.57%,
0.54%
and
0.57%
for
Classes
A,
C,
R6
and
I,
respectively,
multiplied
by
the
average
account
value
over
the
period,
multiplied
by
183
/366
(to
reflect
the
one-half
year
period).
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
Share
Class
Class
A
Class
C
Class
I
Actual
Performance
Beginning
Account
Value
$1,000.00
$1,000.00
$1,000.00
Ending
Account
Value
$973.85
$969.87
$973.80
Expenses
Incurred
During
the
Period
$3.21
$7.14
$2.22
Hypothetical
Performance
(5%
annualized
return
before
expenses)
Beginning
Account
Value
$1,000.00
$1,000.00
$1,000.00
Ending
Account
Value
$1,021.75
$1,017.75
$1,022.75
Expenses
Incurred
During
the
Period
$3.29
$7.31
$2.28
For
each
class
of
the
Fund,
expenses
are
equal
to
the
Fund’s
annualized
net
expense
ratio
of
0.65%,
1.45%
and
0.45%
for
Classes
A,
C
and
I,
respectively,
multiplied
by
the
average
account
value
over
the
period,
multiplied
by
183
/366
(to
reflect
the
one-half
year
period).
Expense
Examples
(continued)
Nuveen
Limited
Term
Municipal
Bond
Fund
Share
Class
Class
A
Class
C
Class
I
Actual
Performance
Beginning
Account
Value
$1,000.00
$1,000.00
$1,000.00
Ending
Account
Value
$984.07
$980.14
$985.09
Expenses
Incurred
During
the
Period
$3.08
$7.03
$2.08
Hypothetical
Performance
(5%
annualized
return
before
expenses)
Beginning
Account
Value
$1,000.00
$1,000.00
$1,000.00
Ending
Account
Value
$1,021.90
$1,017.90
$1,022.90
Expenses
Incurred
During
the
Period
$3.13
$7.16
$2.12
For
each
class
of
the
Fund,
expenses
are
equal
to
the
Fund’s
annualized
net
expense
ratio
of
0.62%,
1.42%
and
0.42%
for
Classes
A,
C
and
I,
respectively,
multiplied
by
the
average
account
value
over
the
period,
multiplied
by
183
/366
(to
reflect
the
one-half
year
period).
Nuveen
Short
Term
Municipal
Bond
Fund
Share
Class
Class
A
Class
C
Class
I
Actual
Performance
Beginning
Account
Value
$1,000.00
$1,000.00
$1,000.00
Ending
Account
Value
$994.35
$989.16
$994.26
Expenses
Incurred
During
the
Period
$3.54
$7.51
$2.54
Hypothetical
Performance
(5%
annualized
return
before
expenses)
Beginning
Account
Value
$1,000.00
$1,000.00
$1,000.00
Ending
Account
Value
$1,021.45
$1,017.45
$1,022.45
Expenses
Incurred
During
the
Period
$3.59
$7.62
$2.58
For
each
class
of
the
Fund,
expenses
are
equal
to
the
Fund’s
annualized
net
expense
ratio
of
0.71%,
1.51%
and
0.51%
for
Classes
A,
C
and
I,
respectively,
multiplied
by
the
average
account
value
over
the
period,
multiplied
by
183
/366
(to
reflect
the
one-half
year
period).
Nuveen
All-American
Municipal
Bond
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
LONG-TERM
INVESTMENTS
-
100.5%
X
–
MUNICIPAL
BONDS
-
99
.1
%
X
4,336,257,635
Alabama
-
1.0%
Birmingham-Jefferson
Civic
Center
Authority,
Alabama,
Special
Tax
Bonds,
Series
2018A
:
$
3,500
4.000%,
7/01/38
7/28
at
100.00
$
3,180,690
3,500
4.000%,
7/01/43
7/28
at
100.00
3,024,282
15,000
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Series
2022F,
5.500%,
11/01/53,
(Mandatory
Put
12/01/28)
9/28
at
100.00
15,328,523
10,000
Black
Belt
Energy
Gas
District,
Alabama,
Gas
Project
Revenue
Bonds,
Series
2023A,
5.250%,
1/01/54,
(Mandatory
Put
10/01/30)
7/30
at
100.25
10,101,047
2,000
Hoover
Industrial
Development
Board,
Alabama,
Environmental
Improvement
Revenue
Bonds,
United
States
Steel
Corporation
Project,
Series
2019,
5.750%,
10/01/49,
(AMT)
10/29
at
100.00
1,962,965
4,220
Infirmary
Health
System
Special
Care
Facilities
Financing
Authority
of
Mobile,
Alabama,
Revenue
Bonds,
Infirmary
Health
System,
Inc.,
Series
2016A,
5.000%,
2/01/41
2/26
at
100.00
4,066,772
500
Mobile
Spring
Hill
College
Educational
Building
Authority,
Alabama,
Revenue
Bonds,
Spring
Hill
College
Project,
Series
2015,
5.875%,
4/15/45
4/25
at
100.00
467,323
5,810
UAB
Medicine
Finance
Authority,
Alabama,
Revenue
Bonds,
Series
2019B,
4.000%,
9/01/48
9/29
at
100.00
4,971,716
Total
Alabama
43,103,318
Arizona
-
2.4%
1,415
Arizona
Industrial
Development
Authority,
Arizona,
Economic
Development
Revenue
Bonds,
Linder
Village
Project
in
Meridian,
Ada
County,
Idaho,
Series
2020,
5.000%,
6/01/31,
144A
No
Opt.
Call
1,374,138
19,000
Arizona
Industrial
Development
Authority,
Arizona,
Hotel
Revenue
Bonds,
Provident
Group
Falcon
Properties
LLC,
Project,
Senior
Series
2022A-1,
4.000%,
12/01/51,
144A
12/31
at
100.00
13,053,762
2,660
Chandler
Industrial
Development
Authority,
Arizona,
Industrial
Development
Revenue
Bonds,
Intel
Corporation
Project,
Series
2007,
4.100%,
12/01/37,
(AMT),
(Mandatory
Put
6/15/28)
2/28
at
100.00
2,604,161
9,530
Chandler
Industrial
Development
Authority,
Arizona,
Industrial
Development
Revenue
Bonds,
Intel
Corporation
Project,
Series
2022-2,
5.000%,
9/01/52,
(AMT),
(Mandatory
Put
9/01/27)
3/27
at
100.00
9,639,362
Maricopa
County
Industrial
Development
Authority,
Arizona,
Hospital
Revenue
Bonds,
HonorHealth,
Series
2019A
:
1,250
5.000%,
9/01/37
9/28
at
100.00
1,271,446
935
5.000%,
9/01/42
9/28
at
100.00
935,441
3,500
Maricopa
County
Industrial
Development
Authority,
Arizona,
Revenue
Bonds,
Banner
Health,
Series
2023A-2,
5.000%,
1/01/53,
(Mandatory
Put
5/15/28)
5/27
at
101.68
3,645,277
10,750
Maricopa
County
Industrial
Development
Authority,
Arizona,
Revenue
Bonds,
Banner
Health,
Series
2023A-3,
5.000%,
1/01/53,
(Mandatory
Put
11/01/30)
11/29
at
101.58
11,320,478
2,500
Maricopa
County
Union
High
School
District
210
Phoenix,
Arizona,
General
Obligation
Bonds,
School
Improvement
Project
2011
and
2017,
Series
2018,
5.000%,
7/01/36
7/27
at
100.00
2,579,302
80
(c)
Maricopa
County,
Arizona,
Hospital
Revenue
Bonds,
Sun
Health
Corporation,
Series
2005,
5.000%,
4/01/25,
(Pre-refunded
4/01/24)
4/24
at
100.00
80,425
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Arizona
-
2.4%
(continued)
Phoenix
Civic
Improvement
Corporation,
Arizona,
Airport
Revenue
Bonds,
Senior
Lien
Refunding
Series
2023
:
$
3,460
5.000%,
7/01/30,
(AMT)
No
Opt.
Call
$
3,625,814
3,050
5.000%,
7/01/31,
(AMT)
No
Opt.
Call
3,207,912
2,795
5.000%,
7/01/32,
(AMT)
No
Opt.
Call
2,950,707
Phoenix
Civic
Improvement
Corporation,
Arizona,
Rental
Car
Facility
Charge
Revenue
Bonds,
Series
2019A
:
1,500
5.000%,
7/01/33
7/29
at
100.00
1,569,903
6,380
5.000%,
7/01/35
7/29
at
100.00
6,656,411
1,000
5.000%,
7/01/38
7/29
at
100.00
1,023,525
1,000
5.000%,
7/01/39
7/29
at
100.00
1,019,778
7,200
5.000%,
7/01/45
7/29
at
100.00
7,225,827
Phoenix
Civic
Improvement
Corporation,
Arizona,
Revenue
Bonds,
Civic
Plaza
Expansion
Project,
Series
2005B
:
1,650
5.500%,
7/01/31
-
FGIC
Insured
No
Opt.
Call
1,856,742
6,000
5.500%,
7/01/39
-
FGIC
Insured
No
Opt.
Call
6,693,432
3,500
Pima
County
Industrial
Development
Authority,
Arizona,
Education
Facility
Revenue
Bonds,
American
Leadership
Academy
Project,
Refunding
Series
2022.
Forward
Delivery,
4.000%,
6/15/41,
144A
6/26
at
100.00
2,772,076
400
Pima
County
Industrial
Development
Authority,
Arizona,
Education
Facility
Revenue
Bonds,
San
Tan
Montessori
School
Project,
Series
2016,
6.500%,
2/01/48,
144A
2/24
at
100.00
400,205
Salt
Verde
Financial
Corporation,
Arizona,
Senior
Gas
Revenue
Bonds,
Citigroup
Energy
Inc
Prepay
Contract
Obligations,
Series
2007
:
1,000
5.250%,
12/01/28
No
Opt.
Call
1,017,733
13,155
5.000%,
12/01/32
No
Opt.
Call
13,268,499
7,000
5.000%,
12/01/37
No
Opt.
Call
6,881,529
Total
Arizona
106,673,885
Arkansas
-
0.4%
5,045
Arkansas
Development
Finance
Authority,
Arkansas,
Environmental
Improvement
Revenue
Bonds,
United
States
Steel
Corporation,
Green
Series
2022,
5.450%,
9/01/52,
(AMT),
144A
9/25
at
105.00
4,711,732
7,370
Arkansas
Development
Finance
Authority,
Industrial
Development
Revenue
Bonds,
Big
River
Steel
Project,
Series
2019,
4.500%,
9/01/49,
(AMT),
144A
9/26
at
103.00
6,688,601
Arkansas
Development
Finance
Authority,
Revenue
Bonds,
Baptist
Memorial
Health
Care,
Refunding
Series
2020B-1
:
2,500
5.000%,
9/01/39
9/30
at
100.00
2,428,006
5,545
5.000%,
9/01/40
9/30
at
100.00
5,347,025
Total
Arkansas
19,175,364
California
-
11.1%
10,050
California
Community
Choice
Financing
Authority,
Clean
Energy
Project
Revenue
Bonds,
Green
Series
2023D,
5.500%,
5/01/54,
(Mandatory
Put
11/01/28)
8/28
at
100.24
10,346,631
7,630
California
Community
Housing
Agency,
California,
Essential
Housing
Revenue
Bonds,
Creekwood,
Series
2021A,
4.000%,
2/01/56,
144A
8/31
at
100.00
4,542,383
25,260
California
Community
Housing
Agency,
California,
Essential
Housing
Revenue
Bonds,
Serenity
at
Larkspur
Apartments,
Series
2020A,
5.000%,
2/01/50,
144A
2/30
at
100.00
19,219,841
10,000
California
Health
Facilities
Financing
Authority,
California,
Revenue
Bonds,
Sutter
Health,
Refunding
Series
2016B,
5.000%,
11/15/46
11/26
at
100.00
10,067,747
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
11.1%
(continued)
$
1,670
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
Children's
Hospital
Los
Angeles,
Series
2017A,
5.000%,
8/15/42
8/27
at
100.00
$
1,629,359
3,015
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
El
Camino
Hospital,
Refunding
Series
2015A,
5.000%,
2/01/40
2/25
at
100.00
3,033,623
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
El
Camino
Hospital,
Series
2017
:
1,395
5.000%,
2/01/30
2/27
at
100.00
1,444,510
1,105
5.000%,
2/01/31
2/27
at
100.00
1,144,239
485
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
Providence
Health
&
Services,
Series
2014B,
5.000%,
10/01/44
10/24
at
100.00
473,661
2,120
California
Infrastructure
and
Economic
Development
Bank,
Lease
Revenue
Bonds,
California
State
Teachers
Retirement
System
Headquarters
Expansion,
Green
Bond-Climate
Bond
Certified
Series
2019,
5.000%,
8/01/44
8/29
at
100.00
2,188,119
4,200
California
Municipal
Finance
Authority,
Charter
School
Lease
Revenue
Bonds,
Nova
Academy
Project,
Series
2016A,
5.000%,
6/15/36,
144A
6/26
at
100.00
4,027,969
610
California
Municipal
Finance
Authority,
Charter
School
Revenue
Bonds,
John
Adams
Academies,
Inc.
-
Lincoln
Project,
Taxable
Series
2019B,
5.000%,
10/01/39,
144A
10/27
at
100.00
564,368
1,000
California
Municipal
Finance
Authority,
Revenue
Bonds,
Biola
University,
Refunding
Series
2017,
5.000%,
10/01/31
10/27
at
100.00
1,019,952
California
Municipal
Finance
Authority,
Revenue
Bonds,
Eisenhower
Medical
Center,
Refunding
Series
2017A
:
14,185
5.000%,
7/01/42
7/27
at
100.00
13,578,901
1,000
5.000%,
7/01/47
7/27
at
100.00
931,364
5,000
California
Municipal
Finance
Authority,
Revenue
Bonds,
Eisenhower
Medical
Center,
Refunding
Series
2017B,
5.000%,
7/01/42
7/27
at
100.00
4,786,359
California
Municipal
Finance
Authority,
Revenue
Bonds,
Linxs
APM
Project,
Senior
Lien
Series
2018A
:
14,000
5.000%,
12/31/37,
(AMT)
6/28
at
100.00
14,036,597
27,110
5.000%,
12/31/38,
(AMT)
6/28
at
100.00
27,116,468
2,190
5.000%,
12/31/43,
(AMT)
6/28
at
100.00
2,148,765
3,560
5.000%,
12/31/47,
(AMT)
6/28
at
100.00
3,471,033
California
Municipal
Finance
Authority,
Revenue
Bonds,
NorthBay
Healthcare
Group,
Series
2017A
:
1,000
5.000%,
11/01/30
11/26
at
100.00
993,659
1,040
5.250%,
11/01/31
11/26
at
100.00
1,042,606
10,625
California
Municipal
Finance
Authority,
Reveue
Bonds,
Community
Medical
Centers,
Series
2017A,
5.000%,
2/01/42
2/27
at
100.00
10,615,949
5,450
California
Municipal
Finance
Authority,
Special
Facility
Revenue
Bonds,
United
Airlines,
Inc.
Los
Angeles
International
Airport
Project,
Series
2019,
4.000%,
7/15/29,
(AMT)
No
Opt.
Call
5,223,788
California
Pollution
Control
Financing
Authority,
Water
Furnishing
Revenue
Bonds,
Poseidon
Resources
Channelside
LP
Desalination
Project,
Series
2012
:
8,965
5.000%,
7/01/37,
(AMT),
144A
1/24
at
100.00
8,964,713
13,975
5.000%,
11/21/45,
(AMT),
144A
1/24
at
100.00
13,344,004
1,625
California
Pollution
Control
Financing
Authority,
Water
Furnishing
Revenue
Bonds,
San
Diego
County
Water
Authoriity
Desalination
Project
Pipeline,
Refunding
Series
2019,
5.000%,
7/01/39,
144A
1/29
at
100.00
1,629,333
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
11.1%
(continued)
$
640
California
Pollution
Control
Financing
Authority,
Water
Furnishing
Revenue
Bonds,
San
Diego
County
Water
Authority
Desalination
Project
Pipeline,
Refunding
Series
2019,
5.000%,
11/21/45,
144A
1/29
at
100.00
$
623,247
1,450
California
Public
Finance
Authority,
Revenue
Bonds,
Henry
Mayo
Newhall
Hospital,
Series
2017,
5.000%,
10/15/37
10/26
at
100.00
1,437,042
California
Public
Finance
Authority,
Senior
Living
Revenue
Bonds,
Enso
Village,
Refunding
Green
Series
2021A
:
1,225
5.000%,
11/15/51,
144A
11/29
at
102.00
1,019,120
440
5.000%,
11/15/56,
144A
11/29
at
102.00
359,259
17,385
California
State
University,
Systemwide
Revenue
Bonds,
Series
2018A,
5.000%,
11/01/50
11/28
at
100.00
17,868,008
16,245
California
State
University,
Systemwide
Revenue
Bonds,
Series
2019A,
5.000%,
11/01/44
11/29
at
100.00
16,938,187
California
State,
General
Obligation
Bonds,
Refunding
Various
Purpose
Series
2023
:
2,690
4.000%,
9/01/43
9/33
at
100.00
2,575,659
12,500
5.000%,
9/01/43
9/33
at
100.00
13,292,783
1,000
California
State,
General
Obligation
Bonds,
Various
Purpose
Refunding
Series
2023,
4.000%,
10/01/42
4/33
at
100.00
960,883
12,000
California
State,
General
Obligation
Bonds,
Various
Purpose
Series
2017,
5.000%,
8/01/46
8/26
at
100.00
12,217,927
1,585
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2014A,
5.250%,
12/01/44
12/24
at
100.00
1,489,731
1,100
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2016A,
5.000%,
12/01/41,
144A
6/26
at
100.00
1,021,436
600
California
Statewide
Communities
Development
Authority,
Revenue
Bonds,
Front
Porch
Communities
&
Services
Project,
Series
2017A,
5.000%,
4/01/47
4/27
at
100.00
589,288
2,900
California
Statewide
Communities
Development
Authority,
Revenue
Bonds,
John
Muir
Health,
Series
2018A,
5.000%,
12/01/57
12/27
at
100.00
2,887,319
California
Statewide
Communities
Development
Authority,
Student
Housing
Revenue
Bonds,
University
of
California,
Irvine
East
Campus
Apartments,
Phase
IV-A
CHF-Irvine,
LLC,
Series
2017
:
5,000
5.000%,
5/15/47
5/27
at
100.00
4,864,614
1,750
5.000%,
5/15/50
5/27
at
100.00
1,687,544
California
Statewide
Community
Development
Authority,
Revenue
Bonds,
Daughters
of
Charity
Health
System,
Series
2005A
:
9
(d),(e)
5.750%,
7/01/30
1/22
at
100.00
9,070
58
(d),(e)
5.750%,
7/01/35
1/22
at
100.00
58,267
22
(d),(e)
5.500%,
7/01/39
1/22
at
100.00
21,987
6,475
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Altana
Glendale,
Series
2021A-2,
4.000%,
10/01/56,
144A
10/31
at
100.00
4,511,248
3,800
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Center
City
Anaheim,
Series
2020A,
5.000%,
1/01/54,
144A
1/31
at
100.00
2,834,297
36,205
Golden
State
Tobacco
Securitization
Corporation,
California,
Tobacco
Settlement
Asset-Backed
Bonds,
Capital
Appreciation
Series
2021B-2,
0.000%,
6/01/66
12/31
at
27.75
3,145,291
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
11.1%
(continued)
$
1,980
Kern
Community
College
District,
California,
General
Obligation
Bonds,
Safety,
Repair
&
Improvement,
Election
2002
Series
2006,
0.000%,
11/01/23
-
AGM
Insured
No
Opt.
Call
$
1,973,844
Long
Beach,
California,
Harbor
Revenue
Bonds,
Series
2017
:
1,600
5.000%,
5/15/36,
(AMT)
5/27
at
100.00
1,637,972
2,700
5.000%,
5/15/37,
(AMT)
5/27
at
100.00
2,757,207
6,000
Los
Angeles
Department
of
Airports,
California,
Revenue
Bonds,
Los
Angeles
International
Airport,
Refunding
Senior
Lien
Series
2020A,
5.000%,
5/15/38
11/29
at
100.00
6,385,241
15,265
Los
Angeles
Department
of
Airports,
California,
Revenue
Bonds,
Los
Angeles
International
Airport,
Subordinate
Lien
Series
2016B,
5.000%,
5/15/46,
(AMT)
5/26
at
100.00
15,225,822
10,000
Los
Angeles
Department
of
Airports,
California,
Revenue
Bonds,
Los
Angeles
International
Airport,
Subordinate
Lien
Series
2018C,
5.000%,
5/15/44,
(AMT)
11/27
at
100.00
9,981,929
10,000
Los
Angeles,
California,
Wastewater
System
Revenue
Bonds,
Green
Subordinate
Series
2018A,
5.000%,
6/01/48
6/28
at
100.00
10,289,749
1,000
Manteca
Financing
Authority,
California,
Sewer
Revenue
Bonds,
Series
2009,
5.750%,
12/01/36
12/23
at
100.00
1,003,482
1,025
Metropolitan
Water
District
of
Southern
California,
Water
Revenue
Bonds,
Refunding
Series
2023A,
5.000%,
4/01/40
4/33
at
100.00
1,122,919
2,565
Morongo
Band
of
Mission
Indians,
California,
Enterprise
Revenue
Bonds,
Series
2018A,
5.000%,
10/01/42,
144A
10/28
at
100.00
2,491,492
M-S-R
Energy
Authority,
California,
Gas
Revenue
Bonds,
Citigroup
Prepay
Contracts,
Series
2009A
:
2,800
7.000%,
11/01/34
No
Opt.
Call
3,278,721
2,500
6.500%,
11/01/39
No
Opt.
Call
2,836,628
500
Palm
Desert
Redevelopment
Agency,
California,
Successor
Agency
Redevelopment
Project
Area,
Series
2017A,
5.000%,
10/01/30
-
BAM
Insured
4/27
at
100.00
521,839
5,500
Poway
Unified
School
District,
San
Diego
County,
California,
General
Obligation
Bonds,
School
Facilities
Improvement
District
2007-1,
Series
2011A,
0.000%,
8/01/41
No
Opt.
Call
2,287,278
15,000
Rialto
Unified
School
District,
San
Bernardino
County,
California,
General
Obligation
Bonds,
2010
Election
Series
2011A,
7.350%,
8/01/41
-
AGM
Insured
8/36
at
100.00
15,953,598
2,665
River
Islands
Public
Financing
Authority,
California,
Special
Tax
Bonds,
Community
Facilities
District
2003-1
Improvement
Area
1,
Refunding
Series
2022A-1,
5.000%,
9/01/42
-
AGM
Insured
9/29
at
103.00
2,785,967
Sacramento
County,
California,
Airport
System
Revenue
Bonds,
Refunding
Senior
Series
2018C
:
3,545
5.000%,
7/01/37,
(AMT)
7/28
at
100.00
3,593,623
6,760
5.000%,
7/01/38,
(AMT)
7/28
at
100.00
6,812,711
5,000
5.000%,
7/01/39,
(AMT)
7/28
at
100.00
5,022,844
715
Sacramento,
California,
Special
Tax
Bonds,
Community
Facilities
District
05-1
College
Square,
Series
2007,
5.900%,
9/01/37
3/24
at
100.00
718,490
11,020
San
Diego
County
Regional
Airport
Authority,
California,
Airport
Revenue
Bonds,
Subordinate
Series
2017A,
5.000%,
7/01/47,
(AMT)
7/27
at
100.00
10,821,339
6,745
San
Diego
Public
Facilities
Financing
Authority,
California,
Water
Utility
Revenue
Bonds,
Subordinate
Lien
Series
2018A,
5.250%,
8/01/47
8/28
at
100.00
7,027,850
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
11.1%
(continued)
San
Diego
Redevelopment
Agency
Successor
Agency,
California,
Tax
Allocation
Bonds,
Refunding
Series
2017A
:
$
1,815
5.000%,
9/01/36
9/26
at
100.00
$
1,878,075
6,160
5.000%,
9/01/40
9/26
at
100.00
6,315,988
21,635
San
Francisco
Airports
Commission,
California,
Revenue
Bonds,
San
Francisco
International
Airport,
Refunding
Second
Series
2019A,
5.000%,
5/01/49,
(AMT)
5/29
at
100.00
21,485,145
4,500
San
Francisco
Airports
Commission,
California,
Revenue
Bonds,
San
Francisco
International
Airport,
Second
Series
2014A,
5.000%,
5/01/39,
(AMT)
5/24
at
100.00
4,495,407
5,000
San
Francisco
Airports
Commission,
California,
Revenue
Bonds,
San
Francisco
International
Airport,
Second
Series
2016B,
5.000%,
5/01/41,
(AMT)
5/26
at
100.00
4,992,547
San
Francisco
Airports
Commission,
California,
Revenue
Bonds,
San
Francisco
International
Airport,
Second
Series
2017A
:
5,050
5.000%,
5/01/42,
(AMT)
5/27
at
100.00
5,041,603
17,715
5.000%,
5/01/47,
(AMT)
5/27
at
100.00
17,397,466
3,000
San
Francisco
Airports
Commission,
California,
Revenue
Bonds,
San
Francisco
International
Airport,
Second
Series
2018D,
5.000%,
5/01/48,
(AMT)
5/28
at
100.00
2,990,279
13,300
San
Joaquin
Hills
Transportation
Corridor
Agency,
Orange
County,
California,
Toll
Road
Revenue
Bonds,
Refunding
Junior
Lien
Series
2014B,
5.250%,
1/15/44
1/25
at
100.00
13,372,008
275
Temecula
Public
Financing
Authority,
California,
Special
Tax
Bonds,
Community
Facilities
District
16-01,
Series
2017,
6.250%,
9/01/47,
144A
9/27
at
100.00
281,459
21,000
University
of
California,
General
Revenue
Bonds,
Series
2023BQ,
5.000%,
5/15/35
5/33
at
100.00
23,673,159
5,000
Victor
Valley
Union
High
School
District,
San
Bernardino
County,
California,
General
Obligation
Bonds,
20008
Election
Series
2009A,
5.750%,
8/01/31
-
AGC
Insured
8/26
at
100.00
5,319,923
Westminster
School
District,
Orange
County,
California,
General
Obligation
Bonds,
Series
2009-A1
:
2,485
0.000%,
8/01/26
-
AGC
Insured
No
Opt.
Call
2,215,595
1,405
0.000%,
8/01/28
-
AGC
Insured
No
Opt.
Call
1,155,417
2,920
0.000%,
8/01/29
-
AGC
Insured
No
Opt.
Call
2,296,667
1,425
William
S.
Hart
Union
High
School
District,
Los
Angeles
County,
California,
Special
Tax
Bonds,
Community
Facilities
District
2015-1,
Series
2017,
5.000%,
9/01/42
9/26
at
100.00
1,419,152
Total
California
486,858,583
Colorado
-
5.3%
2,500
Arista
Metropolitan
District,
Broomfield
County,
Colorado,
General
Obligation
Limited
Tax
Bonds,
Refunding
&
Improvement
Convertible
to
Unlimited
Tax
Series
2018A,
5.125%,
12/01/48
12/23
at
103.00
2,171,139
880
Aurora
Crossroads
Metropolitan
District
2,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2020A,
5.000%,
12/01/40
9/25
at
103.00
781,256
Aviation
Station
North
Metropolitan
District
2,
Denver
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Refunding
&
Improvement
Series
2019A
:
499
4.000%,
12/01/29
9/24
at
103.00
458,827
2,060
5.000%,
12/01/39
9/24
at
103.00
1,855,644
1,350
5.000%,
12/01/48
9/24
at
103.00
1,127,585
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Colorado
-
5.3%
(continued)
$
575
Bella
Mesa
Metropolitan
District,
Castle
Rock,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Convertible
Capital
Appreciation
Series
2020A-3,
6.750%,
12/01/49,
144A
6/25
at
99.64
$
477,640
500
Broadway
Station
Metropolitan
District
2,
Denver
City
and
County,
Colorado,
General
Obligation
Limited
Tax
Bonds,
Convertible
to
Unlimited
Series
2019A,
5.125%,
12/01/48
6/24
at
103.00
374,484
Centerra
Metropolitan
District
1,
Loveland,
Colorado,
Special
Revenue
Bonds,
Refunding
&
Improvement
Series
2017
:
7,000
5.000%,
12/01/29,
144A
10/23
at
103.00
6,763,290
9,000
5.000%,
12/01/47,
144A
10/23
at
103.00
7,712,061
2,065
Colorado
Educational
and
Cultural
Facilities
Authority,
Charter
School
Revenue
Bonds,
Community
Leadership
Academy
Project,
Series
2008,
6.500%,
7/01/38
10/23
at
100.00
2,065,452
3,040
Colorado
Educational
and
Cultural
Facilities
Authority,
Charter
School
Revenue
Bonds,
Community
Leadership
Academy,
Inc.
Second
Campus
Project,
Series
2013,
7.350%,
8/01/43
10/23
at
100.00
3,041,960
11,935
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
AdventHealth
Obligated
Group,
Series
2023A-2,
5.000%,
11/15/57,
(Mandatory
Put
11/15/33)
11/32
at
101.57
12,798,514
1,400
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Christian
Living
Neighborhoods
Project,
Refunding
Series
2016,
5.000%,
1/01/37
1/24
at
102.00
1,303,456
25,105
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-1,
4.000%,
8/01/44
8/29
at
100.00
20,965,979
2,550
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-1,
4.000%,
8/01/39
8/29
at
100.00
2,252,786
6,155
(c)
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Evangelical
Lutheran
Good
Samaritan
Society
Project,
Series
2013A,
5.000%,
6/01/45,
(Pre-refunded
6/01/25)
6/25
at
100.00
6,275,710
3,000
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Parkview
Medical
Center,
Refunding
Series
2015B,
4.000%,
9/01/34
9/25
at
100.00
2,782,766
1,750
Colorado
International
Center
Metropolitan
District
14,
Denver,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Refunding
&
Improvement
Series
2018,
5.875%,
12/01/46
12/23
at
103.00
1,614,892
1,000
Copper
Ridge
Metropolitan
District,
Colorado
Springs,
Colorado,
Tax
Increment
and
Sales
Tax
Supported
Revenue
Bonds,
Series
2019,
5.000%,
12/01/39
12/24
at
103.00
885,384
500
Copperleaf
Metropolitan
District
4,
Arapahoe
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Convertible
to
Unlimited
Tax
Series
2020A,
5.000%,
12/01/39
3/25
at
103.00
453,715
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Series
2022A
:
7,000
5.000%,
11/15/31,
(AMT)
No
Opt.
Call
7,371,933
18,390
5.000%,
11/15/34,
(AMT)
11/32
at
100.00
19,327,173
3,350
5.500%,
11/15/40,
(AMT)
11/32
at
100.00
3,540,985
5,000
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Subordinate
Lien
Series
2013A,
5.250%,
11/15/43,
(AMT)
11/23
at
100.00
5,000,333
19,500
Denver
City
and
County,
Colorado,
Dedicated
Tax
Revenue
Bonds,
Current
Interest
Series
2018A-1,
5.000%,
8/01/48
8/26
at
100.00
19,594,423
Denver
Convention
Center
Hotel
Authority,
Colorado,
Revenue
Bonds,
Convention
Center
Hotel,
Refunding
Senior
Lien
Series
2016
:
3,130
5.000%,
12/01/30
12/26
at
100.00
3,144,553
3,310
5.000%,
12/01/31
12/26
at
100.00
3,322,302
5,005
5.000%,
12/01/33
12/26
at
100.00
5,007,693
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Colorado
-
5.3%
(continued)
$
565
5.000%,
12/01/34
12/26
at
100.00
$
562,995
E-470
Public
Highway
Authority,
Colorado,
Senior
Revenue
Bonds,
Series
2000B
:
20
0.000%,
9/01/29
-
NPFG
Insured
No
Opt.
Call
15,532
395
0.000%,
9/01/30
-
NPFG
Insured
No
Opt.
Call
292,852
20
0.000%,
9/01/32
-
NPFG
Insured
No
Opt.
Call
13,475
25
0.000%,
9/01/33
-
NPFG
Insured
No
Opt.
Call
16,032
9,890
E-470
Public
Highway
Authority,
Colorado,
Toll
Revenue
Bonds,
Series
2004A,
0.000%,
9/01/27
-
NPFG
Insured
No
Opt.
Call
8,396,308
1,160
El
Paso
County
School
District
49
Falcon,
Colorado,
Certificates
of
Participation,
Series
2015,
5.000%,
12/15/28
12/25
at
100.00
1,183,325
Foothills
Metropolitan
District,
Fort
Collins,
Colorado,
Special
Revenue
Bonds,
Series
2014
:
1,094
5.250%,
12/01/24
No
Opt.
Call
1,083,832
1,365
6.000%,
12/01/38
12/24
at
100.00
1,225,629
845
Green
Valley
Ranch
East
Metropolitan
District
6,
Adams
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2020A-3,
5.875%,
12/01/50
9/25
at
103.00
777,057
2,000
Hess
Ranch
Metropolitan
District
6,
Parker,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2020A-1,
5.000%,
12/01/49
3/25
at
103.00
1,657,276
3,343
Independence
Water
&
Sanitation
District,
Elbert
County,
Colorado,
Special
Revenue
Bonds,
Series
2019,
7.250%,
12/01/38
6/24
at
103.00
3,172,405
1,735
Jefferson
Center
Metropolitan
District
1,
Arvada,
Jefferson
County,
Colorado,
Special
Revenue
Bonds,
Subordinate
Series
2020B,
5.750%,
12/15/50
12/23
at
103.00
1,575,692
Lakes
at
Centerra
Metropolitan
District
2,
Loveland,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Refunding
&
Improvement
Series
2018A
:
1,695
5.125%,
12/01/37
12/23
at
103.00
1,560,248
1,945
5.250%,
12/01/47
12/23
at
103.00
1,680,004
1,470
Mirabelle
Metropolitan
District
2,
Douglas
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2020A,
5.000%,
12/01/49
3/25
at
103.00
1,241,954
20,250
Painted
Prairie
Public
Improvement
Authority,
Aurora,
Colorado,
Special
Revenue
Bonds,
Series
2019,
5.000%,
12/01/39
12/24
at
103.00
18,288,142
620
Park
Creek
Metropolitan
District,
Colorado,
Senior
Limited
Property
Tax
Supported
Revenue
Bonds,
Refunding
Series
2015A,
5.000%,
12/01/45
12/25
at
100.00
597,144
830
Parkdale
Community
Authority,
Erie,
Colorado,
Limited
Tax
Supported
Revenue
Bonds,
District
1,
Series
2020A,
5.000%,
12/01/40
9/25
at
103.00
736,866
4,250
Prairie
Center
Metopolitan
District
No.
3,
In
the
City
of
Brighton,
Adams
County,
Colorado,
Limited
Property
Tax
Supported
Primary
Improvements
Revenue
Bonds,
Refunding
Series
2017A,
5.000%,
12/15/41,
144A
12/26
at
100.00
3,959,562
2,070
Prairie
Center
Metropolitan
District
No.
3,
Brighton,
Colorado,
Special
Revenue
Bonds,
Park
and
Recreation
Improvements
Series
2018,
5.125%,
12/15/42
12/23
at
103.00
1,863,881
2,500
Prairie
Farm
Metropolitan
District,
In
the
City
of
Commerce
City,
Adams
County,
Colorado,
Limited
Tax
Convertible
to
Unlimited
Tax,
General
Obligation
Bonds,
Series
2018A,
5.250%,
12/01/48
10/23
at
103.00
2,423,467
Public
Authority
for
Colorado
Energy,
Natural
Gas
Purchase
Revenue
Bonds, Colorado
Springs
Utilities,
Series
2008
:
2,170
6.250%,
11/15/28
No
Opt.
Call
2,271,671
3,080
6.500%,
11/15/38
No
Opt.
Call
3,487,603
2,410
Pueblo
Urban
Renewal
Authority,
Colorado,
Tax
Increment
Revenue
Bonds,
EVRAZ
Project,
Series
2021A,
4.750%,
12/01/45,
144A
12/30
at
100.00
1,638,800
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Colorado
-
5.3%
(continued)
$
1,175
Raindance
Metropolitan
District
1,
Acting
by
and
through
its
Water
Activity
Enterprise
In
the
Town
of
Windsor,
Weld
County,
Colorado,
Non-Potable
Water
Enterprise
Revenue
Bonds,
Series
2020,
5.000%,
12/01/40
12/25
at
103.00
$
1,038,574
Regional
Transportation
District,
Colorado,
Private
Activity
Bonds,
Denver
Transit
Partners
Eagle
P3
Project,
Series
2020A
:
1,350
3.000%,
7/15/37
1/31
at
100.00
1,075,400
2,000
4.000%,
7/15/39
No
Opt.
Call
1,818,191
500
Settler's
Crossing
Metropolitan
District
1,
Lakewood,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2020A,
5.000%,
12/01/40,
144A
9/25
at
103.00
437,027
STC
Metropolitan
District
2,
Superior,
Boulder
County,
Colorado,
Limited
Tax
General
Obligation
and
Special
Revenue
Bonds,
Refunding
&
improvement
Series
2019A
:
555
4.000%,
12/01/29
12/24
at
103.00
504,861
500
5.000%,
12/01/38
12/24
at
103.00
444,141
575
Sterling
Hills
West
Metropolitan
District,
Arapahoe
County,
Colorado,
General
Obligation
Bonds,
Refunding
&
Improvement
Series
2007,
5.000%,
12/01/39
12/27
at
100.00
582,517
Trails
at
Crowfoot
Metropolitan
District
3,
Parker,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2019A
:
1,860
4.375%,
12/01/30
9/24
at
103.00
1,689,032
2,070
5.000%,
12/01/39
9/24
at
103.00
1,861,499
3,640
5.000%,
12/01/49
9/24
at
103.00
3,057,206
4,589
Vauxmont
Metropolitan
District,
Arvada,
Colorado,
Limited
Tax
General
Obligation
and
Special
Revenue
Bonds,
Convertible
to
Unlimited
Tax
Refunding
Subordinate
Series
2019,
3.250%,
12/15/50
-
AGM
Insured
12/24
at
103.00
3,319,279
Velocity
Metropolitan
District
3,
In
the
City
of
Aurora,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2019
:
500
5.125%,
12/01/34
12/23
at
103.00
478,049
2,000
5.375%,
12/01/39
12/23
at
103.00
1,891,927
5,000
5.500%,
12/01/48
12/23
at
103.00
4,556,495
3,500
Westerly
Metropolitan
District
4,
Weld
County,
Colorado,
General
Obligation
Limited
Tax
Bonds,
Series
2021A-1,
5.000%,
12/01/50
3/26
at
103.00
2,826,579
2,700
Willow
Springs
Ranch
Metropolitan
District,
Monument,
El
Paso
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Convertible
to
Unlimited
Tax
Series
2019A,
5.000%,
12/01/49
12/24
at
103.00
2,293,354
3,000
Windler
Public
Improvement
Authority,
Aurora,
Colorado,
Limited
Tax
Supported
Revenue
Bonds,
Series
2021A-1,
4.125%,
12/01/51,
144A
9/26
at
103.00
1,723,547
Total
Colorado
231,791,365
Connecticut
-
0.6%
860
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Healthcare
Facility
Expansion
Church
Home
of
Hartford
Inc.
Project,
Series
2016A,
5.000%,
9/01/53,
144A
9/26
at
100.00
642,202
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Nuvance
Health
Series
2019A
:
2,500
4.000%,
7/01/36
7/29
at
100.00
2,241,258
5,630
4.000%,
7/01/38
7/29
at
100.00
4,828,921
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Trinity
Health
Credit
Group,
Series
2016CT
:
5,000
5.000%,
12/01/41
6/26
at
100.00
5,018,625
6,000
5.000%,
12/01/45
6/26
at
100.00
5,990,020
1,675
Connecticut
State,
Special
Tax
Obligation
Bonds,
Transportation
Infrastructure
Purposes
Series
2015A,
5.000%,
8/01/35
8/25
at
100.00
1,695,484
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Connecticut
-
0.6%
(continued)
Connecticut
State,
Special
Tax
Obligation
Bonds,
Transportation
Infrastructure
Purposes,
Series
2020A
:
$
2,500
4.000%,
5/01/36
-
BAM
Insured
5/30
at
100.00
$
2,483,524
2,550
4.000%,
5/01/39
-
BAM
Insured
5/30
at
100.00
2,424,489
Total
Connecticut
25,324,523
Delaware
-
0.2%
2,000
Delaware
Economic
Development
Authority,
Exempt
Facility
Revenue
Bonds,
NRG
Energy
Project,
Refunding
Series
2020A,
1.250%,
10/01/45,
(Mandatory
Put
10/01/25)
10/25
at
100.00
1,818,571
8,500
Delaware
Health
Facilities
Authroity,
Revenue
Bonds,
Beebe
Medical
Center
Project,
Series
2018,
5.000%,
6/01/43
12/28
at
100.00
8,149,993
Total
Delaware
9,968,564
District
of
Columbia
-
0.4%
Metropolitan
Washington
Airports
Authority,
District
of
Columbia,
Dulles
Toll
Road
Revenue
Bonds,
Dulles
Metrorail
&
Capital
improvement
Projects,
Refunding
&
Subordinate
Lien
Series
2019B
:
480
4.000%,
10/01/35
10/29
at
100.00
465,316
1,500
4.000%,
10/01/37
10/29
at
100.00
1,403,954
2,890
(f)
4.000%,
10/01/53,
(UB)
10/29
at
100.00
2,378,777
3,745
Metropolitan
Washington
Airports
Authority,
District
of
Columbia,
Dulles
Toll
Road
Revenue
Bonds,
Dulles
Metrorail
&
Capital
improvement
Projects,
Second
Senior
Lien
Series
2009B,
0.000%,
10/01/31
-
AGC
Insured
No
Opt.
Call
2,663,344
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2018A
:
2,095
5.000%,
10/01/33,
(AMT)
10/28
at
100.00
2,147,612
6,375
5.000%,
10/01/34,
(AMT)
10/28
at
100.00
6,526,023
3,000
5.000%,
10/01/35,
(AMT)
10/28
at
100.00
3,058,406
Total
District
of
Columbia
18,643,432
Florida
-
9.1%
Atlantic
Beach,
Florida,
Healthcare
Facilities
Revenue
Refunding
Bonds,
Fleet
Landing
Project,
Series
2013A
:
300
5.000%,
11/15/23
No
Opt.
Call
299,910
2,300
5.000%,
11/15/28
11/23
at
100.00
2,263,235
385
Boynton
Village
Community
Development
District,
Florida,
Special
Assessment
Bonds,
Series
2007-A1,
5.750%,
5/01/37
10/23
at
100.00
385,011
12,950
Broward
County,
Florida,
Port
Facilities
Revenue
Bonds,
Series
2019A,
5.000%,
9/01/44
9/29
at
100.00
13,001,270
3,520
Broward
County,
Florida,
Port
Facilities
Revenue
Bonds,
Series
2019B,
4.000%,
9/01/38,
(AMT)
9/29
at
100.00
3,245,424
Capital
Trust
Agency,
Florida,
Educational
Facilities
Lease
Revenue
Bonds,
Franklin
Academy
Projects,
Series
2020
:
1,085
5.000%,
12/15/35,
144A
7/26
at
100.00
1,004,368
245
5.000%,
12/15/40,
144A
7/26
at
100.00
212,063
7,910
5.000%,
12/15/50,
144A
7/26
at
100.00
6,321,339
3,470
5.000%,
12/15/55,
144A
7/26
at
100.00
2,715,839
Capital
Trust
Agency,
Florida,
Multifamily
Housing
Revenue
Bonds,
The
Gardens
Apartments
Project,
Series
2015A
:
1,500
4.750%,
7/01/40
7/25
at
100.00
1,001,239
1,380
5.000%,
7/01/50
7/25
at
100.00
882,076
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
-
9.1%
(continued)
$
11,353
(d)
Capital
Trust
Agency,
Florida,
Revenue
Bonds,
Provision
CARES
Proton
Therapy
Center,
Orlando
Project,
Series
2018,
7.500%,
6/01/48,
144A
6/28
at
100.00
$
1,617,833
Capital
Trust
Agency,
Florida,
Revenue
Bonds,
Renaissance
Charter
School
Project,
Series
2019A
:
565
5.000%,
6/15/39,
144A
6/26
at
100.00
507,475
610
5.000%,
6/15/49,
144A
6/26
at
100.00
505,600
7,000
Central
Florida
Expressway
Authority,
Revenue
Bonds,
Senior
Lien
Series
2019B,
5.000%,
7/01/49
7/29
at
100.00
7,081,495
3,245
Charlotte
County
Industrial
Development
Authority,
Florida,
Utility
System
Revenue
Bonds,
Town
&
Country
Utilities
Project,
Series
2019,
5.000%,
10/01/49,
(AMT),
144A
10/27
at
100.00
2,852,061
2,885
Charlotte
County
Industrial
Development
Authority,
Florida,
Utility
System
Revenue
Bonds,
Town
&
Country
Utilities
Project,
Series
2021A,
4.000%,
10/01/51,
(AMT),
144A
10/31
at
100.00
2,090,091
865
Cityplace
Community
Development
District,
Florida,
Special
Assessement
and Revenue
Bonds,
Refunding
Series
2012,
5.000%,
5/01/26
No
Opt.
Call
871,362
2,000
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Downtown
Doral
Charter
Upper
School
Project,
Series
2017C,
5.750%,
7/01/47,
144A
7/27
at
101.00
1,874,543
1,570
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Renaissance
Charter
School
Income
Projects,
Series
2015A,
6.125%,
6/15/46,
144A
6/25
at
100.00
1,514,864
1,500
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Renaissance
Charter
School,
Inc.
Projects,
Series
2014A,
6.125%,
6/15/44,
144A
6/24
at
100.00
1,474,671
315
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Renaissance
Charter
School,
Inc.
Projects,
Series
2020C,
5.000%,
9/15/50,
144A
9/27
at
100.00
246,646
10,100
Florida
Development
Finance
Corporation,
Florida,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Pro
USA,
Inc.
Project,
Series
2023,
6.125%,
7/01/32,
(AMT),
(Mandatory
Put
7/01/26),
144A
4/26
at
100.00
10,052,382
83,000
Florida
Development
Finance
Corporation,
Florida,
Surface
Transportation
Facility
Revenue
Bonds,
Brightline
Passenger
Rail
Project,
Green
Series
2019B,
7.375%,
1/01/49,
(AMT),
144A
1/24
at
107.00
82,585,482
Florida
Development
Finance
Corporation,
Florida,
Surface
Transportation
Facility
Revenue
Bonds,
Virgin
Trains
USA
Passenger
Rail
Project,
Series
2019A
:
18,200
6.250%,
1/01/49,
(AMT),
(Mandatory
Put
1/01/24),
144A
10/23
at
101.00
18,141,483
37,800
6.375%,
1/01/49,
(AMT),
(Mandatory
Put
1/01/26),
144A
10/23
at
102.00
36,030,125
2,000
6.500%,
1/01/49,
(AMT),
(Mandatory
Put
1/01/29),
144A
10/23
at
102.00
1,901,205
5,500
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Florida
Passenger
Rail
Expansion
Project,
Series
2023A,
7.500%,
7/01/57,
(AMT),
(Mandatory
Put
8/15/24)
10/23
at
101.00
5,399,249
25,000
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Passenger
Rail
Expansion
Project,
Series
2022A,
7.250%,
7/01/57,
(AMT),
(Mandatory
Put
10/03/23),
144A
10/23
at
100.00
26,000,000
29,000
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Passenger
Rail
Expansion
Project,
Series
2023C,
8.000%,
7/01/57,
(AMT),
(Mandatory
Put
4/01/24),
144A
11/23
at
100.00
28,710,455
Florida
Higher
Educational
Facilities
Financing
Authority,
Revenue
Bonds,
Jacksonville
University
Project,
Series
2018A-1
:
450
4.500%,
6/01/33,
144A
6/28
at
100.00
420,437
1,450
4.750%,
6/01/38,
144A
6/28
at
100.00
1,289,069
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
-
9.1%
(continued)
$
9,855
Fort
Lauderdale,
Florida,
General
Obligation
Bonds,
Parks
&
Recreation
Projects,
Series
2022A,
5.000%,
7/01/48
7/32
at
100.00
$
10,252,392
26,155
Hillsborough
County
Industrial
Development
Authority,
Florida,
Hospital
Revenue
Bonds,
Florida
Health
Sciences
Center
Inc
D/B/A
Tampa
General
Hospital,
Series
2020A,
4.000%,
8/01/50
2/31
at
100.00
21,373,657
7,860
Hollywood,
Florida,
General
Obligation
Bonds,
Series
2022,
5.000%,
7/01/47
7/32
at
100.00
7,939,268
Jacksonville,
Florida,
Health
Care
Facilities
Revenue
Bonds,
Brooks
Rehabilitation,
Series
2020
:
1,040
4.000%,
11/01/37
11/29
at
100.00
922,708
1,085
4.000%,
11/01/38
11/29
at
100.00
949,270
1,650
4.000%,
11/01/39
11/29
at
100.00
1,423,838
2,170
4.000%,
11/01/40
11/29
at
100.00
1,847,472
Jacksonville,
Florida,
Special
Revenue
Bonds,
Refunding
Series
2017A
:
6,285
5.250%,
10/01/42
10/27
at
100.00
6,473,240
3,930
5.250%,
10/01/47
10/27
at
100.00
4,029,188
385
Lee
County
Industrial
Development
Authority,
Florida,
Charter
School
Revenue
Bonds,
Lee
County
Community
Charter
Schools,
Series
2007A,
5.250%,
6/15/27
10/23
at
100.00
373,847
Lee
County
Industrial
Development
Authority,
Florida,
Charter
School
Revenue
Bonds,
Lee
County
Community
Charter
Schools,
Series
2012A
:
875
5.500%,
6/15/32,
144A
10/23
at
100.00
824,915
1,375
5.750%,
6/15/42,
144A
10/23
at
100.00
1,259,645
860
Miami-Dade
County
Health
Facility
Authority,
Florida,
Hospital
Revenue
Bonds,
Nicklaus
Children's
Hospital,
Refunding
Series
2017,
5.000%,
8/01/36
8/27
at
100.00
872,656
12,195
Miami-Dade
County,
Florida,
Aviation
Revenue
Bonds,
Refunding
Series
2015A,
5.000%,
10/01/38,
(AMT)
10/25
at
100.00
12,065,138
5,025
(f)
Miami-Dade
County,
Florida,
Seaport
Revenue
Bonds,
Refunding
Series
2022A,
5.250%,
10/01/52,
(AMT),
(UB)
10/32
at
100.00
4,997,601
Miami-Dade
County,
Florida,
Special
Obligation
Bonds,
Subordinate
Series
2009
:
2,870
0.000%,
10/01/37
-
BAM
Insured
No
Opt.
Call
1,446,459
3,130
0.000%,
10/01/42
-
BAM
Insured
No
Opt.
Call
1,173,204
180
Pinellas
County
Industrial
Development
Authority,
Florida,
Industrial
Development
Revenue
Bonds,
Drs.
Kiran
&
Pallavi
Patel
2017
Foundation
for
Global
Understanding,
Inc.,
Project,
Series
2019,
5.000%,
7/01/39
7/29
at
100.00
170,767
5,095
Putnam
County
Development
Authority,
Florida,
Pollution
Control
Revenue
Bonds,
Seminole
Electric
Cooperatice,
Inc.
Project,
Refunding
Series
2018B,
5.000%,
3/15/42
5/28
at
100.00
5,126,804
School
Board
of
Lee
County,
Florida,
Certificates
of
Participation,
Series
2023A
:
1,000
5.000%,
8/01/37
8/33
at
100.00
1,051,140
1,685
5.000%,
8/01/38
8/33
at
100.00
1,757,691
4,465
5.000%,
8/01/39
8/33
at
100.00
4,640,780
2,715
5.000%,
8/01/40
8/33
at
100.00
2,808,086
Seminole
County
Industrial
Development
Authority,
Florida,
Retirement
Facility
Revenue
Bonds,
Legacy
Pointe
At
UCF
Project,
Series
2019A
:
5,000
5.250%,
11/15/39
11/26
at
103.00
3,937,732
1,015
5.500%,
11/15/49
11/26
at
103.00
749,954
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
-
9.1%
(continued)
$
2,610
South
Broward
Hospital
District,
Florida,
Hospital
Revenue
Bonds,
South
Broward
Hospital
District
Obligated
Group,
Refunding
Series
2016A,
4.000%,
5/01/44
5/26
at
100.00
$
2,279,915
South
Miami
Health
Facilities
Authority,
Florida,
Hospital
Revenue
Bonds,
Baptist
Health
Systems
of
South
Florida
Obligated
Group,
Refunding
Series
2017
:
3,885
4.000%,
8/15/42
8/27
at
100.00
3,558,482
2,965
5.000%,
8/15/42
8/27
at
100.00
2,948,293
Sumter
County
Industrial
Development
Authority,
Florida,
Hospital
Revenue
Bonds,
Central
Florida
Health
Alliance
Projects,
Series
2014A
:
500
5.000%,
7/01/29
1/24
at
100.00
500,595
6,860
5.250%,
7/01/44
1/24
at
100.00
6,604,637
270
(g)
Tolomato
Community
Development
District,
Florida,
Special
Assessment
Bonds,
Refunding
Series
2015-2,
0.000%,
5/01/40
10/23
at
100.00
250,196
290
(d)
Tolomato
Community
Development
District,
Florida,
Special
Assessment
Bonds,
Refunding
Series
2015-3,
6.610%,
5/01/40
10/23
at
100.00
3
2,640
Tolomato
Community
Development
District,
Florida,
Special
Assessment
Bonds,
Refunding
Series
2022A,
4.000%,
5/01/40
-
AGM
Insured,
144A
5/32
at
100.00
2,464,288
Village
Community
Development
District
15,
Florida,
Special
Assessment
Revenue
Bonds,
Series
2023
:
1,000
4.850%,
5/01/38,
144A
5/31
at
100.00
966,481
1,000
5.000%,
5/01/43,
144A
5/31
at
100.00
960,150
4,930
Volusia
County
Educational
Facilities
Authority,
Florida,
Revenue
Bonds,
Embry-Riddle
Aeronautical
University,
Refunding
Series
2017,
5.000%,
10/15/42
10/27
at
100.00
4,957,565
13,000
Volusia
County
Educational
Facilities
Authority,
Florida,
Revenue
Bonds,
Stetson
University
Inc.
Project,
Series
2015,
5.000%,
6/01/40
6/25
at
100.00
13,030,247
470
Wynnmere
East
Community
Development
District,
Hillsborough
County,
Florida,
Special
Assessment
Revenue
Bonds,
Series
2016,
5.125%,
5/01/36
5/28
at
100.00
458,247
Total
Florida
399,944,853
Georgia
-
1.2%
Atlanta
Development
Authority,
Georgia,
Senior
Health
Care
Facilities
Revenue
Bonds,
Georgia
Proton
Treatment
Center
Project,
Current
Interest
Series
2017A-1
:
2,500
(d)
6.750%,
1/01/35
1/28
at
100.00
1,125,000
1,000
(d)
7.000%,
1/01/40
1/28
at
100.00
450,000
Atlanta,
Georgia,
Airport
Passenger
Facilities
Charge
and
General
Revenue
Bonds,
Subordinate
Lien
Green
Series
2023E
:
3,500
5.250%,
7/01/41,
(AMT)
7/33
at
100.00
3,656,510
2,400
5.250%,
7/01/42,
(AMT)
7/33
at
100.00
2,495,688
9,740
Brookhaven
Development
Authority,
Georgia,
Revenue
Bonds,
Children's
Healthcare
of
Atlanta,
Inc.
Project,
Series
2019A,
4.000%,
7/01/44
7/29
at
100.00
8,731,097
11,665
Columbus
Medical
Center
Hospital
Authority,
Georgia,
Revenue
Anticipation
Certificates,
Piedmont
Health,
Series
2019B,
5.000%,
7/01/54,
(Mandatory
Put
7/01/29)
1/29
at
100.00
12,129,111
700
Georgia
Municipal
Electric
Authority,
Plant
Vogtle
Units
3
&
4
Project
M
Bonds,
Series
2019A,
5.000%,
1/01/36
7/28
at
100.00
714,916
405
Georgia
Municipal
Electric
Authority,
Senior
Lien
General
Power
Revenue
Bonds,
Series
1993BB,
5.250%,
1/01/25
-
NPFG
Insured
No
Opt.
Call
407,936
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Georgia
-
1.2%
(continued)
$
5,500
Griffin-Spalding
County
Hospital
Authority,
Georgia,
Revenue
Anticipation
Certificates,
Wellstar
Health
System
Inc.,
Series
2017A,
4.000%,
4/01/42
4/27
at
100.00
$
4,869,683
1,000
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Project
Revenue
Bonds,
Series
2007A,
5.500%,
9/15/28
No
Opt.
Call
1,027,102
15,500
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2022C,
4.000%,
8/01/52,
(Mandatory
Put
11/01/27),
144A
5/27
at
100.81
14,618,845
4,500
Savannah
Hospital
Authority,
Georgia,
Revenue
Bonds,
Saint
Joseph's/
Candler
Health
System,
Inc.,
Anticipation
Certificate
Series
2019A,
4.000%,
7/01/39
7/29
at
100.00
4,019,975
Total
Georgia
54,245,863
Hawaii
-
0.1%
1,000
Hawaii
Department
of
Budget
and
Finance,
Special
Purpose
Revenue
Bonds,
Hawaii
Pacific
University,
Series
2013A,
6.875%,
7/01/43,
144A
10/23
at
100.00
999,984
4,545
Hawaii
State,
Airport
System
Revenue
Bonds,
Series
2015A,
5.000%,
7/01/45,
(AMT)
7/25
at
100.00
4,528,856
Total
Hawaii
5,528,840
Idaho
-
0.3%
1,500
Idaho
Falls
Auditorium
District,
Idaho,
Certifications
of
Participation, Annual
Appropriation
Series
2021,
5.250%,
5/15/51,
144A
5/26
at
102.00
1,346,308
Idaho
Health
Facilities
Authority,
Revenue
Bonds,
Madison
Memorial
Hospital
Project,
Refunding
Series
2016
:
2,300
3.500%,
9/01/33
9/26
at
100.00
1,892,089
205
5.000%,
9/01/37
9/26
at
100.00
189,044
4,200
Idaho
Health
Facilities
Authority,
Revenue
Bonds,
Saint
Luke's
Health
System
Project,
Series
2018A,
5.000%,
3/01/36
9/28
at
100.00
4,226,657
1,290
Idaho
Housing
and
Finance
Association,
Grant
and
Revenue
Anticipation
Bonds,
Federal
Highway
Trust
Funds,
Series
2021A,
4.000%,
7/15/38
7/31
at
100.00
1,172,089
2,000
Idaho
Housing
and
Finance
Association,
Nonprofit
Facilities
Revenue
Bonds,
Idaho
Arts
Charter
School,
Inc.
Project,
Refunding
Series
2016A,
5.000%,
12/01/38,
144A
12/26
at
100.00
1,913,276
Total
Idaho
10,739,463
Illinois
-
9.2%
67,800
Chicago
Board
of
Education,
Illinois,
Dedicated
Capital
Improvement
Tax
Revenue
Bonds,
Series
2016,
6.000%,
4/01/46
4/27
at
100.00
69,761,813
Chicago
Board
of
Education,
Illinois,
Dedicated
Capital
Improvement
Tax
Revenue
Bonds,
Series
2023
:
2,125
5.250%,
4/01/35
4/33
at
100.00
2,264,358
1,250
5.250%,
4/01/37
4/33
at
100.00
1,306,476
1,600
5.000%,
4/01/38
4/33
at
100.00
1,628,282
1,000
5.250%,
4/01/39
4/33
at
100.00
1,031,798
1,960
5.500%,
4/01/42
4/33
at
100.00
2,035,929
625
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues
Series
2012A,
5.000%,
12/01/42
10/23
at
100.00
576,674
1,215
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Project
Series
2015C,
5.250%,
12/01/39
12/24
at
100.00
1,155,195
4,540
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2012B,
5.000%,
12/01/34
10/23
at
100.00
4,337,601
2,000
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2017G,
5.000%,
12/01/34
12/27
at
100.00
2,005,231
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
9.2%
(continued)
$
35,090
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Series
2016A,
7.000%,
12/01/44
12/25
at
100.00
$
36,126,324
Chicago
Transit
Authority,
Illinois,
Sales
Tax
Receipts
Revenue
Bonds,
Second
Lien
Series
2020A
:
1,250
5.000%,
12/01/45
12/29
at
100.00
1,255,704
2,220
4.000%,
12/01/50
12/29
at
100.00
1,825,086
17,500
Chicago
Transit
Authority,
Illinois,
Sales
Tax
Receipts
Revenue
Bonds,
Series
2014,
5.250%,
12/01/49
12/24
at
100.00
17,539,587
6,245
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Refunding
Senior
Lien
Series
2018A,
5.000%,
1/01/48
1/29
at
100.00
6,198,710
3,715
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Refunding
Senior
Lien
Series
2020A,
4.000%,
1/01/36
1/30
at
100.00
3,611,414
3,180
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Senior
Lien
Series
2015C,
5.000%,
1/01/46
1/25
at
100.00
3,113,429
8,805
(f)
Chicago,
Illinois,
General
Obligation
Bonds,
Project
&
Refunding
Series
2017A,
6.000%,
1/01/38,
(UB)
1/27
at
100.00
9,145,910
13,760
(f)
Chicago,
Illinois,
General
Obligation
Bonds,
Project
and
Refunding
Series
2005D,
5.500%,
1/01/40,
(UB)
1/25
at
100.00
13,768,537
7,545
(f)
Chicago,
Illinois,
General
Obligation
Bonds,
Refunding
Series
2007E,
5.500%,
1/01/42,
(UB)
1/25
at
100.00
7,497,676
Chicago,
Illinois,
General
Obligation
Bonds,
Refunding
Series
2016C
:
2,260
5.000%,
1/01/24
No
Opt.
Call
2,263,261
935
5.000%,
1/01/25
No
Opt.
Call
942,498
705
5.000%,
1/01/35
1/26
at
100.00
707,171
2,175
(f)
5.000%,
1/01/38,
(UB)
1/26
at
100.00
2,121,490
6,000
(f)
Chicago,
Illinois,
General
Obligation
Bonds,
Refunding
Series
2020A,
5.000%,
1/01/30,
(UB)
No
Opt.
Call
6,216,434
2,200
(f)
Chicago,
Illinois,
General
Obligation
Bonds,
Series
2015A,
5.500%,
1/01/39,
(UB)
1/25
at
100.00
2,204,665
7,945
Chicago,
Illinois,
Midway
Airport
Revenue
Bonds,
Refunding
Second
Lien
Series
2014A,
5.000%,
1/01/31
1/24
at
100.00
7,907,418
Chicago,
Illinois,
O'Hare
Airport
Customer
Facility
Charge
Revenue
Bonds,
Senior
Lien
Refunding
Series
2023
:
1,195
5.250%,
1/01/39
-
BAM
Insured
1/33
at
100.00
1,247,457
1,700
5.250%,
1/01/40
-
BAM
Insured
1/33
at
100.00
1,767,725
1,955
5.250%,
1/01/41
-
BAM
Insured
1/33
at
100.00
2,025,451
Chicago,
Illinois,
Wastewater
Transmission
Revenue
Bonds,
Second
Lien
Project,
Refunding
Series
2023B
:
1,500
5.000%,
1/01/37
-
AGM
Insured
7/32
at
100.00
1,583,155
2,500
5.000%,
1/01/39
-
AGM
Insured
7/32
at
100.00
2,595,428
Chicago,
Illinois,
Water
Revenue
Bonds,
Refunding
Second
Lien
Series
2023B
:
1,500
5.000%,
11/01/34
-
AGM
Insured
5/32
at
100.00
1,613,129
1,500
5.000%,
11/01/35
-
AGM
Insured
5/32
at
100.00
1,602,200
900
5.000%,
11/01/36
-
AGM
Insured
5/32
at
100.00
951,976
900
5.000%,
11/01/38
-
AGM
Insured
5/32
at
100.00
937,716
2,490
5.000%,
11/01/39
-
AGM
Insured
5/32
at
100.00
2,582,229
5,000
Illinois
Finance
Authority
Revenue
Bonds,
OSF
Healthcare
System,
Series
2018A,
4.125%,
5/15/47
-
BAM
Insured
11/28
at
100.00
4,307,184
1,500
Illinois
Finance
Authority,
Revenue
Bonds,
Ascension
Health/fkaPresence
Health
Network,
Series
2016C,
4.000%,
2/15/41
2/27
at
100.00
1,324,338
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
9.2%
(continued)
$
700
Illinois
Finance
Authority,
Revenue
Bonds,
Dominican
University,
Refunding
Series
2022,
5.000%,
3/01/42
9/32
at
100.00
$
620,192
10,810
Illinois
Finance
Authority,
Revenue
Bonds,
Mercy
Health
Corporation,
Series
2016,
5.000%,
12/01/40
6/26
at
100.00
10,478,971
12,295
Illinois
Finance
Authority,
Revenue
Bonds,
Northshore
-
Edward-Elmhurst
Health
Credit
Group,
Series
2022A,
5.000%,
8/15/47
8/32
at
100.00
12,177,807
10,715
Illinois
Finance
Authority,
Revenue
Bonds,
OSF
Healthcare
System,
Series
2015A,
5.000%,
11/15/45
11/25
at
100.00
9,907,658
20
Illinois
Finance
Authority,
Revenue
Bonds,
Rush
University
Medical
Center
Obligated
Group,
Series
2015A,
4.000%,
11/15/39
5/25
at
100.00
17,614
1,105
Illinois
Finance
Authority,
Revenue
Bonds,
Silver
Cross
Hospital
and
Medical
Centers,
Refunding
Series
2015C,
5.000%,
8/15/35
8/25
at
100.00
1,091,787
14,715
Illinois
Finance
Authority,
Revenue
Bonds,
The
University
of
Chicago
Medical
Center,
Series
2016B,
4.000%,
8/15/41
2/27
at
100.00
13,365,996
12,496
Illinois
Housing
Development
Authority,
Housing
Revenue
Bonds,
MBS
Pass
Through
Program,
Series
2017A,
3.125%,
2/01/47
3/26
at
100.00
11,085,312
1,240
(f)
Illinois
Housing
Development
Authority,
Multifamily
Housing
Revenue
Bonds,
GNMA
Collateralized
-
Lifelink
Developments,
Series
2006,
4.850%,
4/20/41,
(AMT),
(UB)
10/23
at
100.00
1,240,274
7,335
Illinois
Sports
Facility
Authority,
State
Tax
Supported
Bonds,
Refunding
Series
2014,
5.250%,
6/15/31
-
AGM
Insured
6/24
at
100.00
7,370,253
5,000
Illinois
State,
General
Obligation
Bonds,
December
Series
2017A,
5.000%,
12/01/24
No
Opt.
Call
5,044,792
Illinois
State,
General
Obligation
Bonds,
June
Series
2016
:
3,725
4.000%,
6/01/36
6/26
at
100.00
3,469,100
4,275
4.000%,
6/01/41
-
BAM
Insured
6/26
at
100.00
3,787,419
Illinois
State,
General
Obligation
Bonds,
March
Series
2021A
:
2,250
4.000%,
3/01/38
3/31
at
100.00
2,038,869
1,300
4.000%,
3/01/40
3/31
at
100.00
1,146,518
3,500
Illinois
State,
General
Obligation
Bonds,
May
Series
2014,
5.000%,
5/01/32
5/24
at
100.00
3,484,717
11,065
Illinois
State,
General
Obligation
Bonds,
May
Series
2020,
5.750%,
5/01/45
5/30
at
100.00
11,541,803
Illinois
State,
General
Obligation
Bonds,
November
Series
2017D
:
11,625
5.000%,
11/01/27
No
Opt.
Call
12,028,305
3,000
5.000%,
11/01/28
11/27
at
100.00
3,098,688
2,000
Illinois
State,
General
Obligation
Bonds,
Refunding
September
Series
2018A,
5.000%,
10/01/28
No
Opt.
Call
2,083,045
3,840
Illinois
Toll
Highway
Authority,
Toll
Highway
Revenue
Bonds,
Senior
Series
2023A,
5.250%,
1/01/43
7/33
at
100.00
4,040,062
7,000
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Refunding
Series
2020A,
5.000%,
6/15/50
12/29
at
100.00
6,767,461
1,500
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Refunding
Series
2022A,
4.000%,
12/15/42
12/31
at
100.00
1,297,160
1,225
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Series
2015A,
5.000%,
6/15/53
12/25
at
100.00
1,176,153
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
Revenue
Bonds,
McCormick
Place
Expansion
Project,
Series
2002A
:
10,000
0.000%,
12/15/35
-
AGM
Insured
No
Opt.
Call
5,715,242
23,065
0.000%,
6/15/37
-
NPFG
Insured
No
Opt.
Call
11,808,722
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
9.2%
(continued)
$
1,838
Plano,
Illinois,
Special
Tax
Bonds,
Special
Service
Area
1
&
2
Lakewood
Springs
Project,
Refunding
Series
2014,
5.000%,
3/01/34
-
AGM
Insured
3/24
at
100.00
$
1,838,948
4,450
Regional
Transportation
Authority,
Cook,
DuPage,
Kane,
Lake,
McHenry
and
Will
Counties,
Illinois,
General
Obligation
Bonds,
Series
2001A,
6.000%,
7/01/27
-
FGIC
Insured
No
Opt.
Call
4,711,875
Springfield,
Illinois,
Electric
Revenue
Bonds,
Refunding
Senior
Lien
Series
2015
:
15,530
4.000%,
3/01/40
-
AGM
Insured
3/25
at
100.00
13,668,424
3,485
5.000%,
3/01/40
-
AGM
Insured
3/25
at
100.00
3,508,067
Total
Illinois
400,697,893
Indiana
-
2.1%
2,000
Gary
Local
Public
Improvement
Bond
Bank,
Indiana,
Economic
Development
Revenue
Bonds,
Drexel
Foundation
for
Educational
Excellence
Project,
Refunding
Series
2020A,
5.875%,
6/01/55,
144A
6/30
at
100.00
1,631,992
6,495
IIndiana
Finance
Authority,
Hospital
Revenue
Bonds,
Parkview
Health,
Series
2018A,
5.000%,
11/01/43
11/28
at
100.00
6,510,870
825
Indiana
Finance
Authority,
Educational
Facilities
Revenue
Bonds,
Circle
City
Preparatory
Inc.
Project,
Series
2021A,
5.000%,
12/01/40,
144A
12/27
at
103.00
667,245
Indiana
Finance
Authority,
Educational
Facilities
Revenue
Bonds,
Lighthouse
Academies
of
Northwest
Indiana
Inc.
Project,
Series
2016
:
3,710
7.000%,
12/01/34,
144A
12/24
at
100.00
3,759,728
6,075
7.250%,
12/01/44,
144A
12/24
at
100.00
6,137,233
5,000
Indiana
Finance
Authority,
Educational
Facilities
Revenue
Bonds,
Rose
Hulman
Institute
Of
Technology
Project,
Series
2018,
4.000%,
6/01/44
12/28
at
100.00
4,111,999
1,640
Indiana
Finance
Authority,
Educational
Facilities
Revenue
Bonds,
Valparaiso
University
Project,
Series
2014,
5.000%,
10/01/39
10/24
at
100.00
1,580,671
2,830
Indiana
Finance
Authority,
Educational
Facilities
Revenue
Bonds,
Victory
College
Prep
Project,
Series
2021A,
4.500%,
12/01/55,
144A
12/27
at
103.00
1,951,075
7,700
Indiana
Finance
Authority,
Hospital
Revenue
Bonds,
Indiana
University
Health
Obligation
Group,
Long
Term
Rate
Series
2023B-2,
5.000%,
10/01/60,
(Mandatory
Put
7/01/30)
7/29
at
101.68
8,161,878
7,500
Indiana
Finance
Authority,
Hospital
Revenue
Bonds,
Indiana
University
Health
Obligation
Group,
Long
Term
Rate
Series
2023B-3,
5.000%,
10/01/55,
(Mandatory
Put
7/01/32)
7/31
at
101.64
8,048,211
15,205
Indiana
Finance
Authority,
Wastewater
Utility
Revenue
Bonds,
CWA
Authority
Project,
First
Lien
Green
Series
2016A,
5.000%,
10/01/46
10/26
at
100.00
15,211,678
Indiana
Finance
Authority,
Wastewater
Utility
Revenue
Bonds,
CWA
Authority
Project,
Refunding
Forward
Delivery
Series
2024A
:
1,000
5.000%,
10/01/40
-
BAM
Insured,
(WI/DD)
10/34
at
100.00
1,006,911
1,000
5.000%,
10/01/41
-
BAM
Insured,
(WI/DD)
10/34
at
100.00
1,002,906
1,000
5.000%,
10/01/42
-
BAM
Insured,
(WI/DD)
10/34
at
100.00
1,000,438
1,000
5.000%,
10/01/43
-
BAM
Insured,
(WI/DD)
10/34
at
100.00
997,445
5,215
Indianapolis
Local
Public
Improvement
Bond
Bank,
Indiana,
Airport
Authority
Project
Revenue
Bonds,
Refunding
Series
2015I,
5.000%,
1/01/32,
(AMT)
1/25
at
100.00
5,226,470
6,490
Indianapolis
Local
Public
Improvement
Bond
Bank,
Indiana,
Community
Justice
Campus
Bonds,
Courthouse
&
Jail
Project,
Series
2019A,
5.000%,
2/01/44
2/29
at
100.00
6,609,495
Valparaiso,
Indiana,
Exempt
Faciltiies
Revenue
Bonds,
Pratt
Paper
LLC
Project,
Series
2013
:
70
5.875%,
1/01/24,
(AMT)
No
Opt.
Call
70,389
9,185
7.000%,
1/01/44,
(AMT)
1/24
at
100.00
9,245,558
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Indiana
-
2.1%
(continued)
$
8,435
Whiting,
Indiana,
Environmental
Facilities
Revenue
Bonds,
BP
Products
North
America
Inc.
Project,
Series
2015,
4.400%,
11/01/45,
(AMT),
(Mandatory
Put
6/10/31)
No
Opt.
Call
$
8,220,511
Total
Indiana
91,152,703
Iowa
-
0.5%
2,000
Iowa
Finance
Authority,
Iowa,
Midwestern
Disaster
Area
Revenue
Bonds,
Alcoa
Inc.
Project,
Series
2012,
4.750%,
8/01/42
10/23
at
100.00
1,838,523
Iowa
Finance
Authority,
Iowa,
Midwestern
Disaster
Area
Revenue
Bonds,
Iowa
Fertilizer
Company
Project,
Refunding
Series
2022
:
6,230
4.000%,
12/01/50,
(Mandatory
Put
12/01/32)
12/29
at
103.00
5,819,783
14,635
5.000%,
12/01/50,
(Mandatory
Put
12/01/42)
12/29
at
103.00
14,195,242
Total
Iowa
21,853,548
Kansas
-
0.1%
Hutchinson,
Kansas,
Hospital
Facilities
Revenue
Bonds,
Hutchinson
Regional
Medical
Center,
Inc.,
Series
2016
:
1,500
5.000%,
12/01/36
12/26
at
100.00
1,347,963
1,320
5.000%,
12/01/41
12/26
at
100.00
1,115,267
Total
Kansas
2,463,230
Kentucky
-
1.3%
230
Ashland,
Kentucky,
Medical
Center
Revenue
Bonds,
Ashland
Hospital
Corporation
d/b/a
King's
Daughters
Medical
Center
Project,
Refunding
Series
2019,
4.000%,
2/01/35
2/30
at
100.00
211,462
6,675
Carroll
County,
Kentucky,
Environmental
Facilities
Revenue
Bonds,
Kentucky
Utilities
Company
Project,
Refunding
Series
2006B,
2.125%,
10/01/34,
(AMT)
6/31
at
100.00
4,708,305
Kentucky
Bond
Development
Corporation,
Transient
Room
Tax
Revenue
Bonds,
Lexington
Center
Corporation
Project,
Series
2018A
:
2,545
5.000%,
9/01/43
9/28
at
100.00
2,501,616
2,600
5.000%,
9/01/48
9/28
at
100.00
2,548,649
6,565
Kentucky
Economic
Development
Finance
Authority,
Louisville
Arena
Project
Revenue
Bonds,
Louisville
Arena
Authority,
Inc.,
Series
2017A,
5.000%,
12/01/45
-
AGM
Insured
12/27
at
100.00
6,622,930
6,000
Kentucky
Economic
Development
Finance
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-2,
5.000%,
8/01/44
8/29
at
100.00
5,841,816
Kentucky
Economic
Development
Finance
Authority,
Revenue
Bonds,
Next
Generation
Kentucky
Information
Highway
Project,
Senior
Series
2015A
:
2,450
5.000%,
7/01/26
7/25
at
100.00
2,458,926
2,100
5.000%,
7/01/33
7/25
at
100.00
2,114,249
5,655
5.000%,
7/01/37
7/25
at
100.00
5,658,503
Kentucky
Municipal
Power
Agency,
Power
System
Revenue
Bonds,
Prairie
State
Project,
Refunding
Series
2020A.
Forward
Delivery
:
1,000
5.000%,
9/01/34
9/29
at
100.00
1,024,003
725
5.000%,
9/01/35
9/29
at
100.00
739,021
Kentucky
State
Property
and
Buildings
Commission,
Revenue
Bonds,
Project
119,
Series
2018
:
2,000
5.000%,
5/01/35
5/28
at
100.00
2,085,721
2,500
5.000%,
5/01/36
5/28
at
100.00
2,593,261
4,000
5.000%,
5/01/37
5/28
at
100.00
4,120,856
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Kentucky
-
1.3%
(continued)
$
750
Kentucky
State
Property
and
Buildings
Commission,
Revenue
Bonds,
Project
122,
Series
2019A,
4.000%,
11/01/37
11/28
at
100.00
$
679,661
Louisville/Jefferson
County
Metro
Government,
Kentucky,
Health
System
Revenue
Bonds,
Norton
Healthcare
Inc,
Series
2016A
:
5,735
5.000%,
10/01/31
10/26
at
100.00
5,817,789
2,785
4.000%,
10/01/35
10/26
at
100.00
2,548,640
5,415
Louisville/Jefferson
County
Metro
Government,
Kentucky,
Health
System
Revenue
Bonds,
Norton
Healthcare,
Inc.,
Series
2020A,
3.000%,
10/01/43
-
BAM
Insured
10/29
at
100.00
3,821,841
Total
Kentucky
56,097,249
Louisiana
-
1.4%
Calcasieu
Parish
Memorial
Hospital
Service
District,
Louisiana,
Revenue
Bonds,
Lake
Charles
Memorial
Hospital,
Refunding
Series
2019
:
2,910
5.000%,
12/01/26
No
Opt.
Call
2,828,469
3,210
5.000%,
12/01/28
No
Opt.
Call
3,040,995
3,930
5.000%,
12/01/29
No
Opt.
Call
3,684,603
3,950
5.000%,
12/01/34
12/29
at
100.00
3,547,995
22,220
Louisiana
Public
Facilities
Authority,
Dock
and
Wharf
Revenue
Bonds,
Impala
Warehousing
(US)
LLC
Project,
Series
2013,
6.500%,
7/01/36,
(AMT),
144A
10/23
at
100.00
21,971,114
285
(c)
Louisiana
Public
Facilities
Authority,
Louisiana,
Revenue
Bonds,
Tulane
University,
Refunding
Series
2020A,
4.000%,
4/01/50,
(Pre-refunded
4/01/30)
4/30
at
100.00
291,127
Louisiana
Stadium
and
Exposition
District,
Revenue
Bonds,
Senior
Series
2023A
:
2,375
5.000%,
7/01/41
7/33
at
100.00
2,449,179
2,000
5.000%,
7/01/43
7/33
at
100.00
2,047,324
1,050
(c)
New
Orleans,
Louisiana,
Sewerage
Service
Revenue
Bonds,
Refunding
Series
2014,
5.000%,
6/01/44,
(Pre-refunded
6/01/24)
6/24
at
100.00
1,057,251
6,750
Port
New
Orleans
Board
of
Commissioners,
Louisiana,
Revenue
Bonds,
Port
Facilities,
Series
2020E,
5.000%,
4/01/44,
(AMT)
4/30
at
100.00
6,295,899
500
Saint
James
Parish,
Louisiana,
Revenue
Bonds,
NuStar
Logistics,
L.P.
Project,
Series
2010,
6.350%,
7/01/40,
144A
6/30
at
100.00
532,559
6,425
Saint
James
Parish,
Louisiana,
Revenue
Bonds,
NuStar
Logistics,
L.P.
Project,
Series
2010B,
6.100%,
12/01/40,
(Mandatory
Put
6/01/30),
144A
No
Opt.
Call
6,790,916
2,930
Saint
James
Parish,
Louisiana,
Revenue
Bonds,
NuStar
Logistics,
L.P.
Project,
Series
2011,
5.850%,
8/01/41,
(Mandatory
Put
6/01/25),
144A
No
Opt.
Call
2,976,936
1,650
Saint
John
the
Baptist
Parish,
Louisiana,
Revenue
Bonds,
Marathon
Oil
Corporation
Project,
Refunding
Series
2017A-3,
2.200%,
6/01/37,
(Mandatory
Put
7/01/26)
No
Opt.
Call
1,543,677
Total
Louisiana
59,058,044
Maine
-
0.1%
4,970
Maine
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
MaineHealth
Issue,
Series
2020A,
4.000%,
7/01/45
7/30
at
100.00
4,280,704
1,420
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Social
Series
2021C,
2.300%,
11/15/46
11/30
at
100.00
821,883
Total
Maine
5,102,587
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Maryland
-
0.8%
Baltimore,
Maryland,
Convention
Center
Hotel
Revenue
Bonds,
Refunding
Series
2017
:
$
10,000
5.000%,
9/01/39
9/27
at
100.00
$
8,852,889
1,000
5.000%,
9/01/46
9/27
at
100.00
835,083
1,000
Frederick
County,
Maryland,
Special
Tax
Limited
Obligation
Bonds,
Jefferson
Technology
Park
Project,
Refunding
Series
2020A,
5.000%,
7/01/43,
144A
7/30
at
102.00
926,524
710
Frederick
County,
Maryland,
Tax
Increment
and
Special
Tax
Limited
Obligation
Bonds,
Jefferson
Technology
Park
Project,
Refunding
Series
2020B,
4.625%,
7/01/43,
144A
7/30
at
102.00
646,042
450
Maryland
Economic
Development
Corporation
Economic
Development
Revenue
Bonds,
Terminal
Project, Series
2019A,
5.000%,
6/01/44,
(AMT)
6/29
at
100.00
432,390
22,850
Maryland
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
MedStar
Health
Issue,
Series
2015,
5.000%,
8/15/42
2/25
at
100.00
22,700,406
Total
Maryland
34,393,334
Massachusetts
-
2.0%
8,620
Massachusetts
Bay
Transportation
Authority,
Sales
Tax
Revenue
Bonds,
Senior
Lien
Capital
Appreciation
Series
2016A,
0.000%,
7/01/32
7/26
at
85.54
5,781,492
3,614
(d)
Massachusetts
Development
Finance
Agency,
Health
Care
Facility
Revenue
Bonds,
Adventcare
Project,
Series
2007A,
6.750%,
10/15/37,
144A
10/23
at
100.00
36,136
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Boston
Medical
Center
Issue,
Series
2016E
:
1,200
5.000%,
7/01/35
7/26
at
100.00
1,210,745
5,590
5.000%,
7/01/37
7/26
at
100.00
5,593,454
4,425
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Boston
Medical
Center,
Green
Series
2017F,
4.000%,
7/01/47
7/27
at
100.00
3,398,844
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
CareGroup
Issue,
Series
2018J-2
:
5,285
5.000%,
7/01/37
7/28
at
100.00
5,382,800
5,000
5.000%,
7/01/38
7/28
at
100.00
5,067,243
5,000
5.000%,
7/01/48
7/28
at
100.00
4,931,403
1,750
5.000%,
7/01/53
7/28
at
100.00
1,703,848
1,500
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Emmanuel
College,
Series
2016A,
5.000%,
10/01/43
10/26
at
100.00
1,425,373
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Northeastern
University,
Series
2022
:
1,235
5.000%,
10/01/39
10/32
at
100.00
1,312,220
9,350
5.000%,
10/01/41
10/32
at
100.00
9,810,524
4,785
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Wellforce
Issue,
Series
2019A,
5.000%,
7/01/39
1/29
at
100.00
4,430,526
3,490
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Woods
Hole
Oceanographic
Institution,
Series
2018,
5.000%,
6/01/43
6/28
at
100.00
3,530,024
Massachusetts
Port
Authority,
Revenue
Bonds,
Series
2021E
:
1,680
5.000%,
7/01/46,
(AMT)
7/31
at
100.00
1,680,010
17,820
5.000%,
7/01/51,
(AMT)
7/31
at
100.00
17,646,164
3,010
Massachusetts
State,
General
Obligation
Bonds,
Consolidated
Loan,
Series
2016A,
5.000%,
3/01/46
3/24
at
100.00
3,011,940
5,000
Massachusetts
State,
General
Obligation
Bonds,
Consolidated
Loan,
Series
2017F,
5.000%,
11/01/43
11/27
at
100.00
5,110,656
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Massachusetts
-
2.0%
(continued)
$
5,000
Massachusetts
State,
General
Obligation
Bonds,
Consolidated
Loan,
Series
2022C,
5.250%,
10/01/47
10/32
at
100.00
$
5,316,074
Total
Massachusetts
86,379,476
Michigan
-
1.0%
3,900
Gerald
R.
Ford
International
Airport
Authority,
Kent
County,
Michigan,
Revenue
Bonds,
Limited
Tax
General
Obligation
Series
2021,
5.000%,
1/01/46,
(AMT)
1/32
at
100.00
3,915,735
2,485
Michigan
Finance
Authority,
Distributable
State
Aid
Revenue
Bonds,
Charter
County
of
Wayne
Criminal
Justice
Center
Project,
Senior
Lien
Series
2018,
5.000%,
11/01/43
11/28
at
100.00
2,534,641
9,970
Michigan
Finance
Authority,
Michigan,
Revenue
Bonds,
Trinity
Health
Credit
Group,
Refunding
Series
2016MI,
5.000%,
12/01/45
6/26
at
100.00
9,953,416
1,250
Michigan
Public
Educational
Facilities
Authority,
Limited
Obligation
Revenue
Bonds, Chandler
Park
Academy
Project,
Series
2008,
6.500%,
11/01/35
10/23
at
100.00
1,250,138
Michigan
State,
Trunk
Line
Fund
Bonds,
Rebuilding
Michigan
Program,
Series
2023
:
10,000
5.000%,
11/15/41
11/33
at
100.00
10,566,786
10,000
5.000%,
11/15/42
11/33
at
100.00
10,440,717
Wayne
County
Airport
Authority,
Michigan,
Revenue
Bonds,
Detroit
Metropolitan
Wayne
County
Airport,
Series
2023B
:
1,550
5.000%,
12/01/33
-
AGM
Insured,
(AMT),
(WI/DD)
No
Opt.
Call
1,612,572
1,690
5.500%,
12/01/41
-
AGM
Insured,
(AMT),
(WI/DD)
12/33
at
100.00
1,769,808
1,365
5.500%,
12/01/43
-
AGM
Insured,
(AMT),
(WI/DD)
12/33
at
100.00
1,420,854
Total
Michigan
43,464,667
Minnesota
-
1.4%
310
Baytown
Township,
Minnesota
Charter
School
Lease
Revenue
Bonds,
Saint
Croix
Preparatory
Academy,
Refunding
Series
2016A,
4.000%,
8/01/41
8/26
at
100.00
238,509
City
of
Ham
Lake,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
DaVinci
Academy
Project,Series
2016A
:
150
5.000%,
7/01/36
7/24
at
102.00
140,825
270
5.000%,
7/01/47
7/24
at
102.00
230,274
4,050
City
of
Milaca,
Minnesota
Refunding
Revenue
Bonds,
Grandview
Christian
Home
Project,
Series
2016,
5.000%,
10/01/51
10/24
at
102.00
3,193,269
2,805
Dakota
County
Community
Development
Agency,
Minnesota,
Senior
Housing
Revenue
Bonds,
Walker
Highview
Hills
LLC
Project,
Refunding
Series
2016A,
5.000%,
8/01/46,
144A
10/23
at
100.00
2,464,839
Forest
Lake,
Minnesota
Charter
School
Lease
Revenue
Bonds,
North
Lakes
Academy,
Refunding
Series
2021A
:
3,295
5.000%,
7/01/41
7/31
at
100.00
2,875,982
11,160
5.000%,
7/01/56
7/31
at
100.00
8,963,902
2,575
Ham
Lake,
Minnesota
Charter
School
Lease
Revenue
Bonds,
Parnassus
Preparatory
School
Project,
Series
2016A,
5.000%,
11/01/47
11/26
at
100.00
2,225,613
5,170
Minneapolis,
Minnesota,
Health
Care
System
Revenue
Bonds,
Allina
Health
System,
Series
2023B,
5.000%,
11/15/53,
(Mandatory
Put
11/15/30)
11/29
at
101.75
5,413,091
2,250
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
Catherine
University,
Refunding
Series
2018A,
5.000%,
10/01/45
10/28
at
100.00
2,108,431
4,501
Minnesota
Housing
Finance
Agency,
Homeownership
Finance
Bonds,
Mortgage-Backed
Securities
Program,
Series
2017E,
2.850%,
6/01/47
7/26
at
100.00
3,958,863
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Minnesota
-
1.4%
(continued)
$
11,878
Minnesota
Housing
Finance
Agency,
Homeownership
Finance
Bonds,
Mortgage-Backed
Securities
Program,
Series
2017G,
2.650%,
10/01/47
1/27
at
100.00
$
10,197,844
500
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Nova
Classical
Academy,
Series
2016A,
4.125%,
9/01/47
9/24
at
102.00
377,597
16,825
Saint
Paul
Port
Authority,
Minnesota,
Solid
Waste
Disposal
Revenue
Bonds,
Gerdau
Saint
Paul
Steel
Mill
Project,
Series
2012-7,
4.500%,
10/01/37,
(AMT),
144A
10/23
at
100.00
15,616,766
St.
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Hospital
Revenue
Bonds,
HealthEast
Inc.,
Series
2015A
:
2,500
(c)
5.000%,
11/15/27,
(Pre-refunded
11/15/25)
11/25
at
100.00
2,553,536
235
(c)
5.000%,
11/15/44,
(Pre-refunded
11/15/25)
11/25
at
100.00
240,033
Total
Minnesota
60,799,374
Mississippi
-
0.3%
1,755
(c)
Mississippi
Development
Bank,
Special
Obligation
Bonds,
Gulfport
Water
and
Sewer
System
Project,
Series
2005,
5.250%,
7/01/24
-
AGM
Insured,
(ETM)
No
Opt.
Call
1,772,041
1,000
Mississippi
State,
Gaming
Tax
Revenue
Bonds,
Series
2015E,
5.000%,
10/15/35
10/25
at
100.00
1,005,826
Mississippi
State,
Gaming
Tax
Revenue
Bonds,
Series
2019A
:
3,255
5.000%,
10/15/31
10/28
at
100.00
3,367,618
2,415
5.000%,
10/15/32
10/28
at
100.00
2,498,388
1,030
5.000%,
10/15/33
10/28
at
100.00
1,063,005
2,450
5.000%,
10/15/36
10/28
at
100.00
2,504,017
1,000
University
of
Mississippi
Educational
Building
Corporation,
Revenue
Bonds,
Facilities
Refinancing
Project,
Refunding
Series
2019A,
3.000%,
10/01/34
10/29
at
100.00
889,834
Total
Mississippi
13,100,729
Missouri
-
2.2%
3,185
Bi-State
Development
Agency,
Missouri,
Bi-State
MetroLink
District,
St
Clair
County
Metrolink
Extension
Project
Bonds,
Refunding
Series
2006,
5.250%,
7/01/27
-
AGM
Insured
No
Opt.
Call
3,360,401
1,175
Cape
Girardeau
County
Industrial
Development
Authority,
Missouri,
Health
Facilities
Revenue
Bonds,
Southeasthealth,
Series
2021,
4.000%,
3/01/41
3/31
at
100.00
978,802
2,500
Jackson
County
Reorganized
School
District
4,
Blue
Springs,
Missouri,
General
Obligation
Bonds,
School
Building
Series
2018A,
6.000%,
3/01/38
3/29
at
100.00
2,777,172
5,000
Kansas
City
Industrial
Development
Authority,
Missouri,
Airport
Special
Obligation
Bonds,
Kansas
City
International
Airport
Terminal
Modernization
Project,
Series
2019A,
5.000%,
3/01/39,
(AMT)
3/29
at
100.00
4,968,389
18,000
Kansas
City
Industrial
Development
Authority,
Missouri,
Airport
Special
Obligation
Bonds,
Kansas
City
International
Airport
Terminal
Modernization
Project,
Series
2019B,
5.000%,
3/01/46,
(AMT)
3/29
at
100.00
17,692,686
15,000
Missouri
Environmental
Improvement
and
Energy
Resources
Authority,
Revenue
Bonds,
Union
Electric
Company
Project,
Series
1998B,
2.900%,
9/01/33
7/27
at
102.00
13,259,732
3,630
Missouri
Health
and
Educational
Facilities
Authority,
Health
Facilities
Revenue
Bonds,
Mercy
Health,
Series
2014F,
4.000%,
11/15/45
11/24
at
100.00
3,173,554
2,000
Missouri
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Children's
Mercy
Hospital,
Series
2016,
4.000%,
5/15/39
5/26
at
100.00
1,831,315
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Missouri
-
2.2%
(continued)
$
2,250
Missouri
Joint
Municipal
Electric
Utility
Commission,
Power
Project
Revenue
Bonds,
Plum
Point
Project,
Refunding
Series
2014A,
5.000%,
1/01/28
1/25
at
100.00
$
2,264,821
15,100
Missouri
Joint
Municipal
Electric
Utility
Commission,
Power
Project
Revenue
Bonds,
Plum
Point
Project,
Refunding
Series
2015A,
4.000%,
1/01/35
1/26
at
100.00
14,367,064
Saint
Louis
Municipal
Finance
Corporation,
Missouri,
Leasehold
Revenue
Bonds,
Convention
Center,
Expansion
&
Improvement
Projects
Series
2020
:
2,500
5.000%,
10/01/40
-
AGM
Insured
10/30
at
100.00
2,521,618
8,025
5.000%,
10/01/45
-
AGM
Insured
10/30
at
100.00
7,996,722
Saint
Louis
Municipal
Finance
Corporation,
Missouri,
Leasehold
Revenue
Bonds,
Convention
Center,
Series
2010A
:
5,000
0.000%,
7/15/31
-
AGC
Insured
No
Opt.
Call
3,504,448
7,000
0.000%,
7/15/32
-
AGC
Insured
No
Opt.
Call
4,662,516
6,250
0.000%,
7/15/33
-
AGC
Insured
No
Opt.
Call
3,954,778
7,000
0.000%,
7/15/34
-
AGC
Insured
No
Opt.
Call
4,202,273
6,000
0.000%,
7/15/35
-
AGC
Insured
No
Opt.
Call
3,403,556
2,000
0.000%,
7/15/36
-
AGC
Insured
No
Opt.
Call
1,063,756
1,288
Saint
Louis,
Missouri,
Tax
Increment
Financing
Revenue
Bonds,
Fashion
Square
Redevelopment
Project,
Series
2008A,
6.300%,
8/22/26
3/24
at
100.00
386,400
1,267
Saint
Louis,
Missouri,
Tax
Increment
Financing
Revenue
Notes,
Marquette
Building
Redevelopment
Project,
Series
2008-A,
6.500%,
1/23/28
10/23
at
100.00
582,820
Total
Missouri
96,952,823
Montana
-
0.1%
4,385
Forsyth,
Rosebud
County,
Montana,
Pollution
Control
Revenue
Refunding
Bonds,
Northwestern
Corporation
Colstrip
Project,
Series
2023,
3.875%,
7/01/28
4/28
at
100.00
4,183,353
1,910
Montana
Facility
Finance
Authority,
Healthcare
Facility
Revenue
Bonds,
Kalispell
Regional
Medical
Center,
Series
2018B,
5.000%,
7/01/43
7/28
at
100.00
1,760,590
Total
Montana
5,943,943
Nebraska
-
0.3%
3,075
Central
Plains
Energy
Project,
Nebraska,
Gas
Project
3
Revenue
Bonds,
Refunding
Crossover
Series
2017A,
5.000%,
9/01/30
No
Opt.
Call
3,104,062
7,500
Central
Plains
Energy
Project,
Nebraska,
Gas
Project
Revenue
Bonds,
Project
5,
Series
2022-1,
5.000%,
5/01/53,
(Mandatory
Put
10/01/29)
7/29
at
100.22
7,466,814
1,740
Douglas
County
Hospital
Authority
2,
Nebraska,
Health
Facilities
Revenue
Bonds,
Nebraska
Methodist
Health
System,
Refunding
Series
2015,
5.000%,
11/01/45
11/25
at
100.00
1,721,532
Total
Nebraska
12,292,408
Nevada
-
1.1%
Carson
City,
Nevada,
Hospital
Revenue
Bonds,
Carson
Tahoe
Regional
Healthcare
Project,
Series
2017A
:
265
5.000%,
9/01/29
9/27
at
100.00
270,213
750
5.000%,
9/01/30
9/27
at
100.00
763,184
730
5.000%,
9/01/32
9/27
at
100.00
742,672
1,965
5.000%,
9/01/42
9/27
at
100.00
1,844,095
1,150
5.000%,
9/01/47
9/27
at
100.00
1,047,252
Clark
County,
Nevada,
General
Obligation
Bonds,
Stadium
Improvement,
Limited
Tax
Additionally
Secured
by
Pledged
Revenues,
Series
2018A
:
7,160
5.000%,
6/01/43
6/28
at
100.00
7,320,231
6,440
5.000%,
5/01/48
6/28
at
100.00
6,545,464
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Nevada
-
1.1%
(continued)
$
4,765
(e)
Director
of
Nevada
State
Department
of
Business
&
Industry,
Environmental
Improvement
Revenue
Bonds,
Fulcrum
Sierra
Holdings
LLC,
Green
Series
2019,
5.750%,
2/15/38,
(AMT),
144A
8/29
at
100.00
$
2,811,595
2,515
(c)
Henderson
Public
Improvement
Trust,
Nevada,
Revenue
Bonds,
Touro
College
and
Unversity
System,
Series
2014A,
5.500%,
1/01/34,
(Pre-
refunded
7/01/24)
7/24
at
100.00
2,542,134
Henderson,
Nevada,
Limited
Obligation
Bonds,
Local
Improvement
District
T-18
Inspirada,
Refunding
Series
2016
:
1,105
4.000%,
9/01/25
No
Opt.
Call
1,090,277
1,770
4.000%,
9/01/35
9/26
at
100.00
1,553,835
20,000
Las
Vegas
Valley
Water
District,
Nevada,
General
Obligation
Bonds,
Refunding
Water
Improvement
Series
2016A,
5.000%,
6/01/46
6/26
at
100.00
20,127,118
200
Las
Vegas,
Nevada,
Local
Improvement
Bonds,
Special
Improvement
District
607
Providence,
Refunding
Series
2013,
4.250%,
6/01/24
10/23
at
103.00
199,876
1,575
Las
Vegas,
Nevada,
Local
Improvement
Bonds,
Special
Improvement
District
812
Summerlin
Village
24,
Series
2015,
5.000%,
12/01/31
12/25
at
100.00
1,559,295
Total
Nevada
48,417,241
New
Hampshire
-
0.0%
New
Hampshire
Health
and
Education
Facilities
Authority,
Revenue
Bonds,
Dartmouth-Hitchcock
Obligated
Group,
Series
2018A
:
1,000
5.000%,
8/01/34
2/28
at
100.00
1,024,208
725
5.000%,
8/01/36
2/28
at
100.00
736,653
Total
New
Hampshire
1,760,861
New
Jersey
-
2.4%
9,090
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Series
2016AAA,
5.500%,
6/15/29
12/26
at
100.00
9,424,279
5,000
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Series
2019LLL,
5.000%,
6/15/49
12/29
at
100.00
5,030,789
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Series
2019MMM
:
1,155
5.000%,
6/15/34
12/29
at
100.00
1,210,100
2,580
4.000%,
6/15/35
12/29
at
100.00
2,522,158
1,650
New
Jersey
Economic
Development
Authority,
Special
Facilities
Revenue
Bonds,
Continental
Airlines
Inc.,
Series
1999,
5.250%,
9/15/29,
(AMT)
10/23
at
100.50
1,645,786
2,255
New
Jersey
Economic
Development
Authority,
Special
Facilities
Revenue
Bonds,
Continental
Airlines
Inc.,
Series
2000A
&
2000B,
5.625%,
11/15/30,
(AMT)
3/24
at
101.00
2,268,621
2,005
New
Jersey
Economic
Development
Authority,
Water
Facilities
Revenue
Bonds,
New
Jersey-American
Water
Company
Inc.
Project,
Refunding
Series
2020B,
3.750%,
11/01/34,
(AMT),
(Mandatory
Put
6/01/28)
No
Opt.
Call
1,905,823
New
Jersey
Educational
Facilities
Authority,
Revenue
Bonds,
Higher
Education
Capital
Improvement
Fund
Series
2023A
:
1,750
5.000%,
9/01/35,
(WI/DD)
3/33
at
100.00
1,864,793
1,000
5.000%,
9/01/37,
(WI/DD)
3/33
at
100.00
1,050,962
1,825
5.000%,
9/01/39,
(WI/DD)
3/33
at
100.00
1,888,162
2,000
5.000%,
9/01/41,
(WI/DD)
3/33
at
100.00
2,051,553
1,200
5.000%,
9/01/42,
(WI/DD)
3/33
at
100.00
1,227,245
1,265
5.000%,
9/01/43,
(WI/DD)
3/33
at
100.00
1,290,812
New
Jersey
Health
Care
Facilities
Authority,
Revenue
Bonds,
Atlanticare
Health
System
Obligated
Group
Issue,
Series
2021
:
1,250
3.000%,
7/01/38
-
BAM
Insured
7/31
at
100.00
973,954
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
Jersey
-
2.4%
(continued)
$
4,110
3.000%,
7/01/41
-
BAM
Insured
7/31
at
100.00
$
3,067,168
1,000
New
Jersey
Health
Care
Facilities
Financing
Authority,
Revenue
Bonds,
Princeton
HealthCare
System,
Series
2016A,
5.000%,
7/01/31
7/26
at
100.00
1,028,145
19,775
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
Program
Bonds,
Series
2022CC,
5.000%,
6/15/48
12/32
at
100.00
20,031,472
15,300
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2009A,
0.000%,
12/15/39
No
Opt.
Call
6,693,196
19,550
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2014AA,
5.000%,
6/15/38
6/24
at
100.00
19,560,410
4,500
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2015AA,
5.250%,
6/15/41
6/25
at
100.00
4,517,900
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2019BB
:
5,500
5.000%,
6/15/44
12/28
at
100.00
5,533,795
4,000
5.000%,
6/15/50
12/28
at
100.00
4,010,222
3,175
New
Jersey
Turnpike
Authority,
Revenue
Bonds,
Series
2005A,
5.250%,
1/01/26
-
AGM
Insured
No
Opt.
Call
3,282,271
600
South
Jersey
Transportation
Authority,
New
Jersey,
Transportation
System
Revenue
Bonds,
Series
2020A,
5.000%,
11/01/45
11/30
at
100.00
586,140
1,250
South
Jersey
Transportation
Authority,
New
Jersey,
Transportation
System
Revenue
Bonds,
Subordinate
Series
2020A,
5.000%,
11/01/45
-
BAM
Insured
11/30
at
100.00
1,270,320
Total
New
Jersey
103,936,076
New
Mexico
-
0.1%
3,915
Los
Ranchos
de
Albuquerque,
New
Mexico,
Educational
Facilities
Revenue
Bonds,
Albuquerque
Acadamy
Project,
Refunding
Series
2020,
4.000%,
9/01/40
9/30
at
100.00
3,379,304
990
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2021C,
2.350%,
7/01/51
7/30
at
100.00
680,047
Total
New
Mexico
4,059,351
New
York
-
10.1%
1,835
Babylon
Local
Development
Corporation
II,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Series
2023A,
6.400%,
2/01/43
2/33
at
100.00
1,760,309
2,710
Buffalo
and
Erie
County
Industrial
Land
Development
Corporation,
New
York,
Revenue
Bonds,
Catholic
Health
System,
Inc.
Project,
Series
2015,
5.250%,
7/01/35
7/25
at
100.00
2,284,101
Buffalo
and
Erie
County
Industrial
Land
Development
Corporation,
New
York,
Revenue
Bonds,
Charter
School
for
Applied
Technologies,
Series
2017A
:
410
4.500%,
6/01/27
6/24
at
103.00
406,144
250
5.000%,
6/01/35
6/24
at
103.00
251,244
Build
NYC
Resource
Corporation,
New
York,
Revenue
Bonds,
Family
Life
Academy
Charter
School,
Series
2020A-1
:
1,790
5.250%,
6/01/40,
144A
12/30
at
100.00
1,449,738
4,800
5.500%,
6/01/55,
144A
12/30
at
100.00
3,589,145
Build
NYC
Resource
Corporation,
New
York,
Revenue
Bonds,
Family
Life
Academy
Charter
School,
Series
2020C-1
:
1,300
5.000%,
6/01/40,
144A
12/30
at
100.00
1,021,704
3,035
5.000%,
6/01/55,
144A
12/30
at
100.00
2,088,929
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
10.1%
(continued)
$
8,145
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Icahn
School
of
Medicine
at
Mount
Sinai,
Refunding
Series
2015A,
5.000%,
7/01/45
7/25
at
100.00
$
7,858,053
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Orange
Regional
Medical
Center
Obligated
Group,
Series
2017
:
100
5.000%,
12/01/34,
144A
6/27
at
100.00
94,656
300
5.000%,
12/01/36,
144A
6/27
at
100.00
279,862
4,450
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
State
University
of
New
York
Dormitory
Facilities,
Series
2018A,
5.000%,
7/01/43
7/28
at
100.00
4,526,639
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Teachers
College,
Series
2017
:
500
5.000%,
7/01/29
7/27
at
100.00
521,053
175
5.000%,
7/01/32
7/27
at
100.00
182,485
7,395
Dormitory
Authority
of
the
State
of
New
York,
State
Sales
Tax
Revenue
Bonds,
Series
2017A
Group
C,
5.000%,
3/15/41
3/27
at
100.00
7,511,167
6,605
Dormitory
Authority
of
the
State
of
New
York,
State
Sales
Tax
Revenue
Bonds,
Series
2018A,
5.000%,
3/15/38
3/28
at
100.00
6,778,878
4,000
Dormitory
Authority
of
the
State
of
New
York,
State
Sales
Tax
Revenue
Bonds,
Series
2018C,
5.000%,
3/15/36
3/28
at
100.00
4,150,990
7,885
Dutchess
County
Local
Development
Corporation,
New
York,
Revenue
Bonds,
Health
Quest
Systems,
Inc.
Project,
Series
2016B,
4.000%,
7/01/41
7/26
at
100.00
6,616,442
Hempstead
Town
Local
Development
Corporation,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Refunding
Series
2020B
:
775
4.760%,
2/01/27
No
Opt.
Call
745,884
1,255
5.570%,
2/01/41
2/30
at
100.00
1,110,769
1,365
Hempstead
Town
Local
Development
Corporation,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Series
2017A,
6.240%,
2/01/47
2/27
at
100.00
1,256,664
1,000
Hempstead
Town
Local
Development
Corporation,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Series
2020A,
5.530%,
2/01/40
2/30
at
100.00
889,355
Hempstead
Town
Local
Development
Corporation,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Series
2021A
:
475
4.050%,
2/01/31
2/30
at
100.00
423,295
885
4.450%,
2/01/41
2/30
at
100.00
667,685
1,560
4.600%,
2/01/51
2/30
at
100.00
1,092,178
Long
Island
Power
Authority,
New
York,
Electric
System
General
Revenue
Bonds,
Green
Series
2023E
:
1,915
5.000%,
9/01/40
9/33
at
100.00
2,022,703
1,000
5.000%,
9/01/41
9/33
at
100.00
1,049,557
1,000
5.000%,
9/01/42
9/33
at
100.00
1,043,817
1,000
5.000%,
9/01/43
9/33
at
100.00
1,041,361
6,500
Long
Island
Power
Authority,
New
York,
Electric
System
General
Revenue
Bonds,
Series
2016B,
5.000%,
9/01/41
9/26
at
100.00
6,606,909
19,995
(h)
Long
Island
Power
Authority,
New
York,
Electric
System
General
Revenue
Bonds,
Series
2022C,
4.430%,
9/01/28,
(Mandatory
Put
9/01/25)
(SIFMA
reference
rate
+
0.450%
spread)
3/25
at
100.00
19,877,991
5,000
Metropolitan
Transportation
Authority,
New
York,
Dedicated
Tax
Fund
Bonds,
Climate
Bond
Certified,
Green
Series
2016B-1,
5.000%,
11/15/36
11/26
at
100.00
5,111,072
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
10.1%
(continued)
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Green
Climate
Bond
Certified
Series
2020C-1
:
$
10,000
4.750%,
11/15/45
5/30
at
100.00
$
9,325,017
11,000
(f)
5.250%,
11/15/55,
(UB)
5/30
at
100.00
11,079,642
Monroe
County
Industrial
Development
Corporation,
New
York,
Revenue
Bonds, University
of
Rochester
Project,
Series
2017A
:
1,400
5.000%,
7/01/34
7/27
at
100.00
1,450,377
1,000
5.000%,
7/01/36
7/27
at
100.00
1,028,360
1,000
5.000%,
7/01/37
7/27
at
100.00
1,023,383
Monroe
County
Industrial
Development
Corporation,
New
York,
Revenue
Bonds,
Saint
Ann's
Community
Project,
Series
2019
:
915
4.000%,
1/01/30
1/26
at
103.00
821,668
1,215
5.000%,
1/01/40
1/26
at
103.00
1,027,202
Nassau
County
Local
Economic
Assistance
Corporation,
New
York,
Revenue
Bonds,
Catholic
Health
Services
of
Long
Island
Obligated
Group
Project,
Series
2014
:
300
5.000%,
7/01/24
No
Opt.
Call
301,098
210
5.000%,
7/01/26
7/24
at
100.00
211,050
New
York
City
Industrial
Development
Agency,
New
York,
Civic
Facility
Revenue
Bonds,
Bronx
Parking
Development
Company,
LLC
Project,
Series
2007
:
3,000
(d)
5.750%,
10/01/37
10/23
at
100.00
2,400,000
1,000
(d)
2.350%,
10/01/46
10/23
at
100.00
800,000
1,000
New
York
City
Municipal
Water
Finance
Authority,
New
York,
Water
and
Sewer
System
Second
General
Resolution
Revenue
Bonds,
Fiscal
2017
Series
DD,
5.000%,
6/15/47
12/26
at
100.00
1,010,327
10,450
New
York
City
Municipal
Water
Finance
Authority,
New
York,
Water
and
Sewer
System
Second
General
Resolution
Revenue
Bonds,
Fiscal
2023
Series
AA-1,
5.250%,
6/15/52
12/32
at
100.00
10,908,761
10,085
New
York
City
Transitional
Finance
Authority,
New
York,
Building
Aid
Revenue
Bonds,
Fiscal
2019
Subseries
S-1,
5.000%,
7/15/43
7/28
at
100.00
10,299,061
10,085
New
York
City
Transitional
Finance
Authority,
New
York,
Building
Aid
Revenue
Bonds,
Fiscal
Series
2016S-1,
5.000%,
7/15/43
1/26
at
100.00
10,177,597
7,220
New
York
City
Transitional
Finance
Authority,
New
York,
Future
Tax
Secured
Bonds,
Subordinate
Fiscal
2019
Series
A-1,
5.000%,
8/01/42
8/28
at
100.00
7,332,830
New
York
City
Transitional
Finance
Authority,
New
York,
Future
Tax
Secured
Bonds,
Subordinate
Fiscal
2023
Series
A-1
:
8,130
5.250%,
8/01/40
8/32
at
100.00
8,629,049
5,000
5.000%,
8/01/43
8/32
at
100.00
5,143,365
2,950
New
York
City
Transitional
Finance
Authority,
New
York,
Future
Tax
Secured
Bonds,
Subordinate
Fiscal
Series
2023F-1,
5.250%,
2/01/40
2/33
at
100.00
3,142,945
1,000
New
York
City
Trust
for
Cultural
Resources,
New
York,
Revenue
Bonds,
Lincoln
Center
for
the
Performing
Arts,
Series
2020A,
4.000%,
12/01/34
12/30
at
100.00
1,000,802
2,235
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2018
Series
F-1,
5.000%,
4/01/43
4/28
at
100.00
2,279,079
7,540
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2021
Series
C,
5.000%,
8/01/43
8/30
at
100.00
7,705,566
3,350
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2021
Series
F-1,
3.000%,
3/01/35
-
BAM
Insured
3/31
at
100.00
2,945,810
6,700
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2022
Series
D-1,
5.250%,
5/01/42
5/32
at
100.00
7,037,766
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
10.1%
(continued)
$
1,000
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2023
Series
1,
5.000%,
8/01/37
8/33
at
100.00
$
1,060,173
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2024
Series
A
:
2,495
5.000%,
8/01/35
8/33
at
100.00
2,705,740
1,425
5.000%,
8/01/36
8/33
at
100.00
1,527,056
2,000
5.000%,
8/01/40
8/33
at
100.00
2,084,670
2,285
5.000%,
8/01/41
8/33
at
100.00
2,370,658
1,145
5.000%,
8/01/42
8/33
at
100.00
1,182,320
2,855
5.000%,
8/01/43
8/33
at
100.00
2,939,691
7,295
5.000%,
8/01/44
8/33
at
100.00
7,491,956
7,500
5.000%,
8/01/45
8/33
at
100.00
7,683,023
New
York
City,
New
York,
General
Obligation
Bonds,
Reoffering
Fiscal
2012
Series
G-5
:
1,825
5.000%,
4/01/34
10/33
at
100.00
2,001,007
1,585
5.000%,
4/01/35
10/33
at
100.00
1,725,091
3,165
5.000%,
4/01/36
10/33
at
100.00
3,407,514
1,455
5.000%,
4/01/37
10/33
at
100.00
1,549,418
1,785
5.000%,
4/01/38
10/33
at
100.00
1,879,347
1,270
5.000%,
4/01/39
10/33
at
100.00
1,331,173
1,495
5.000%,
4/01/40
10/33
at
100.00
1,559,235
1,050
New
York
State
Environmental
Facilities
Corporation,
Solid
Waste
Disposal
Revenue
Bonds,
Casella
Waste
Systems,
Inc.
Project,
Series
2020R-2,
5.125%,
9/01/50,
(AMT),
(Mandatory
Put
9/03/30),
144A
6/30
at
100.00
1,036,441
New
York
State
Environmental
Facilities
Corporation,
State
Clean
Water
and
Drinking
Water
Revolving
Funds
Revenue
Bonds,
New
York
City
Municipal
Water
Finance
Authority
Projects-Second
Resolution
Bonds,
Subordinated
SRF
Series
2017A
:
24,465
5.000%,
6/15/42
6/27
at
100.00
24,990,181
4,000
5.000%,
6/15/46
6/27
at
100.00
4,068,747
New
York
State
Thruway
Authority,
State
Personal
Income
Tax
Revenue
Bonds,
Bidding
Group
1
Series
2022A
:
13,435
5.000%,
3/15/41
9/32
at
100.00
13,922,576
17,615
5.000%,
3/15/42
9/32
at
100.00
18,174,331
8,895
New
York
State
Urban
Development
Corporation,
State
Personal
Income
Tax
Revenue
Bonds,
General
Purpose,
Series
2022A,
5.000%,
3/15/45
9/32
at
100.00
9,109,820
1,375
New
York
Transportation
Development
Corporation,
New
York,
Facility
Revenue
Bonds,
Thruway
Service
Areas
Project,
Series
2021,
4.000%,
10/31/41,
(AMT)
10/31
at
100.00
1,179,828
New
York
Transportation
Development
Corporation,
New
York,
Special
Facilities
Bonds,
LaGuardia
Airport
Terminal
B
Redevelopment
Project,
Series
2016A
:
8,120
4.000%,
7/01/36
-
AGM
Insured,
(AMT)
7/24
at
100.00
7,546,217
5,000
5.000%,
7/01/41,
(AMT)
7/24
at
100.00
4,871,909
3,210
5.000%,
7/01/46,
(AMT)
7/24
at
100.00
3,055,355
8,045
5.250%,
1/01/50,
(AMT)
7/24
at
100.00
7,896,209
New
York
Transportation
Development
Corporation,
New
York,
Special
Facility
Revenue
Bonds,
American
Airlines,
Inc.
John
F
Kennedy
International
Airport
Project,
Series
2020
:
3,200
5.250%,
8/01/31,
(AMT)
8/30
at
100.00
3,239,345
9,275
5.375%,
8/01/36,
(AMT)
8/30
at
100.00
9,086,720
New
York
Transportation
Development
Corporation,
New
York,
Special
Facility
Revenue
Bonds,
Terminal
4
John
F
Kennedy
International
Airport
Project,
Series
2020A
:
380
4.000%,
12/01/39,
(AMT)
12/30
at
100.00
336,678
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
10.1%
(continued)
$
360
4.000%,
12/01/40,
(AMT)
12/30
at
100.00
$
315,337
1,100
New
York
Transportation
Development
Corporation,
New
York,
Special
Facility
Revenue
Bonds,
Terminal
4
John
F
Kennedy
International
Airport
Project,
Series
2020C,
4.000%,
12/01/41
12/30
at
100.00
966,966
10,000
New
York
Transportation
Development
Corporation,
Special
Facility
Revenue
Bonds,
Delta
Air
Lines,
Inc.
-
LaGuardia
Airport
Terminals
C&D
Redevelopment
Project,
Series
2018,
5.000%,
1/01/32,
(AMT)
1/28
at
100.00
10,086,785
New
York
Transportation
Development
Corporation,
Special
Facility
Revenue
Bonds,
Delta
Air
Lines,
Inc.
-
LaGuardia
Airport
Terminals
C&D
Redevelopment
Project,
Series
2020
:
14,690
5.000%,
10/01/35,
(AMT)
10/30
at
100.00
14,766,121
4,000
5.000%,
10/01/40,
(AMT)
10/30
at
100.00
3,844,988
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
Two
Hundred
Forty
Second
Series
2023
:
8,780
5.000%,
12/01/34,
(AMT)
12/33
at
100.00
9,429,957
7,790
5.000%,
12/01/35,
(AMT)
12/33
at
100.00
8,292,112
1,750
5.000%,
12/01/36,
(AMT)
12/33
at
100.00
1,840,683
2,000
5.000%,
12/01/38,
(AMT)
12/33
at
100.00
2,072,051
6,505
5.000%,
12/01/40,
(AMT)
12/33
at
100.00
6,680,732
5,000
5.000%,
12/01/43,
(AMT)
12/33
at
100.00
5,071,221
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
Two
Hundred
Thirty-Eighth
Series
2023
:
5,000
5.000%,
7/15/34,
(AMT)
7/33
at
100.00
5,368,299
1,250
5.000%,
7/15/35,
(AMT)
7/33
at
100.00
1,332,604
1,820
5.000%,
7/15/36,
(AMT)
7/33
at
100.00
1,919,226
1,625
5.000%,
7/15/40,
(AMT)
7/33
at
100.00
1,667,593
1,360
Triborough
Bridge
and
Tunnel
Authority,
New
York,
General
Purpose
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2017A2,
5.000%,
11/15/42
5/27
at
100.00
1,379,970
Triborough
Bridge
and
Tunnel
Authority,
New
York,
General
Revenue
Bonds,
MTA
Bridges
&
Tunnels,
Series
2023B-1
:
2,000
5.000%,
11/15/41
11/33
at
100.00
2,078,394
1,965
5.000%,
11/15/42
11/33
at
100.00
2,030,561
1,965
5.000%,
11/15/43
11/33
at
100.00
2,026,271
3,495
5.000%,
11/15/44
11/33
at
100.00
3,594,435
5,645
5.000%,
11/15/45
11/33
at
100.00
5,790,592
Total
New
York
442,958,861
North
Carolina
-
0.2%
Greater
Asheville
Regional
Airport
Authority,
North
Carolina,
Airport
System
Revenue
Bonds,
Series
2023
:
715
5.250%,
7/01/41
-
AGM
Insured,
(AMT)
7/33
at
100.00
735,685
855
5.250%,
7/01/43
-
AGM
Insured,
(AMT)
7/33
at
100.00
873,894
North
Carolina
Medical
Care
Commission, Retirement
Facilities
First
Mortgage
Revenue
Bonds,
Southminster
Project,
Refunding
Series
2016
:
335
5.000%,
10/01/31
10/24
at
102.00
325,332
890
5.000%,
10/01/37
10/24
at
102.00
807,302
1,000
North
Carolina
Medical
Care
Commission,
Retirement
Facilities
First
Mortgage
Revenue
Bonds,
The
Forest
at
Duke,
Inc.,
Series
2021,
4.000%,
9/01/46
9/28
at
103.00
762,907
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
North
Carolina
-
0.2%
(continued)
North
Carolina
Turnpike
Authority,
Monroe
Expressway
Toll Revenue
Bonds,
Series
2017A
:
$
1,005
5.000%,
7/01/51
7/26
at
100.00
$
983,469
4,310
5.000%,
7/01/54
7/26
at
100.00
4,186,780
Total
North
Carolina
8,675,369
Ohio
-
0.8%
5,195
Allen
County,
Ohio,
Hospital
Facilities
Revenue
Bonds,
Bon
Secours
Mercy
Health,
Inc.,
Series
2020A,
4.000%,
12/01/40
6/30
at
100.00
4,683,735
15,000
Buckeye
Tobacco
Settlement
Financing
Authority,
Ohio,
Tobacco
Settlement
Asset-Backed
Revenue
Bonds,
Refunding
Senior
Lien
Capital
Appreciation
Series
2020B-3
Class
2,
0.000%,
6/01/57
6/30
at
22.36
1,465,671
1,865
Buckeye
Tobacco
Settlement
Financing
Authority,
Ohio,
Tobacco
Settlement
Asset-Backed
Revenue
Bonds,
Refunding
Senior
Lien
Series
2020B-2
Class
2,
5.000%,
6/01/55
6/30
at
100.00
1,608,881
3,770
Butler
County,
Ohio, Hospital
Facilities
Revenue
Bonds,
UC
Health,
Series
2016,
5.000%,
11/15/45
11/26
at
100.00
3,400,935
3,700
(d)
Ohio
Air
Quality
Development
Authority,
Ohio,
Air
Quality
Development
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Series
2009A,
5.700%,
8/01/24
No
Opt.
Call
370
5,000
Ohio
Air
Quality
Development
Authority,
Ohio,
Exempt
Facilities
Revenue
Bonds,
AMG
Vanadium
Project,
Series
2019,
5.000%,
7/01/49,
(AMT),
144A
7/29
at
100.00
4,215,813
6,205
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Refunding
Series
2009D,
3.375%,
8/01/29,
(Mandatory
Put
9/15/21)
No
Opt.
Call
5,520,062
2,500
(d)
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
3.750%,
12/01/23
No
Opt.
Call
250
1,075
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
Pratt
Paper
Ohio,
LLC
Project,
Series
2017,
4.250%,
1/15/38,
(AMT),
144A
1/28
at
100.00
1,016,445
3,750
Ohio
State,
Private
Activity
Bonds,
Portsmouth
Gateway
Group,
LLC
-
Borrower,
Portsmouth
Bypass
Project,
Series
2015,
5.000%,
12/31/39
-
AGM
Insured,
(AMT)
6/25
at
100.00
3,661,968
1,500
(d)
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Refunding
Series
2005B,
4.000%,
1/01/34
No
Opt.
Call
150
700
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Refunding
Series
2008B,
3.625%,
10/01/33
No
Opt.
Call
70
7,625
(d)
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Refunding
Series
2008C,
3.950%,
11/01/32
No
Opt.
Call
762
8,585
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2009A,
4.750%,
6/01/33,
(Mandatory
Put
6/01/22)
No
Opt.
Call
7,979,776
Total
Ohio
33,554,888
Oklahoma
-
0.6%
Norman
Regional
Hospital
Authority,
Oklahoma,
Hospital
Revenue
Bonds,
Series
2019
:
1,500
4.000%,
9/01/45
9/29
at
100.00
1,131,383
1,000
5.000%,
9/01/45
9/29
at
100.00
918,083
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Oklahoma
-
0.6%
(continued)
$
1,470
Oklahoma
City
Airport
Trust,
Oklahoma,
Revenue
Bonds,
Junior
Lien
Thirty-Third
Series
2018,
5.000%,
7/01/47,
(AMT)
7/28
at
100.00
$
1,465,506
8,550
Oklahoma
County,
Oklahoma,
Finance
Authority,
Educational
Facilities
Lease
Revenue
Bonds,
Choctaw-Nicoma
Park
Public
Schools
Project,
Series
2023,
5.000%,
9/01/41
9/32
at
100.00
8,587,093
14,195
Oklahoma
Development
Finance
Authority,
Health
System
Revenue
Bonds,
OU
Medicine
Project,
Series
2018B,
5.500%,
8/15/52
8/28
at
100.00
12,714,686
811
(d)
Oklahoma
Development
Finance
Authority,
Revenue
Bonds,
Provident
Oklahoma
Education
Resources
Inc.-
Cross
Village
Student
Housing
Project,
Series
2017,
5.000%,
8/01/52
8/27
at
100.00
811
Total
Oklahoma
24,817,562
Oregon
-
0.4%
Multnomah
County
Hospital
Facilities
Authority,
Oregon,
Revenue
Bonds,
Mirabella
South
Waterfront,
Refunding
Series
2014A
:
1,855
(c)
5.400%,
10/01/44,
(Pre-refunded
10/01/24)
10/24
at
100.00
1,878,844
1,600
(c)
5.500%,
10/01/49,
(Pre-refunded
10/01/24)
10/24
at
100.00
1,622,110
1,000
Oregon
Facilities
Authority,
Revenue
Bonds,
Samaritan
Health
Services
Project,
Refunding
Series
2020A,
5.000%,
10/01/40
10/30
at
100.00
985,104
175
Oregon
Housing
and
Community
Services
Department,
Multifamily
Housing
Revenue
Bonds,
Refunding
Series
2010A,
5.150%,
7/01/42,
(AMT)
10/23
at
100.00
177,136
12,450
Port
of
Portland,
Oregon,
International
Airport
Revenue
Bonds,
Series
2020-27A,
5.000%,
7/01/45,
(AMT)
7/30
at
100.00
12,465,667
Total
Oregon
17,128,861
Pennsylvania
-
5.0%
315
Allegheny
Country
Industrial
Development
Authority,
Pennsylvania,
Environmental
Improvement
Revenue
Bonds,
United
States
Steel
Corporation
Project,
Series
2012,
5.750%,
8/01/42,
(AMT)
10/23
at
100.00
316,269
2,155
Allegheny
County
Hospital
Development
Authority,
Pennsylvania,
Revenue
Bonds,
University
of
Pittsburgh
Medical
Center,
Series
2019A,
4.000%,
7/15/37
7/29
at
100.00
2,002,261
1,070
Allegheny
County
Industrial
Development
Authority,
Pennsylvania,
Environmental
Improvement
Revenue
Bonds,
United
States
Steel
Corp.,
Refunding
Series
2019,
4.875%,
11/01/24
No
Opt.
Call
1,068,128
1,150
Allentown
Neighborhood
Improvement
Zone
Development
Authority,
Pennsylvania,
Tax
Revenue
Bonds,
City
Center
Project,
Series
2018,
5.000%,
5/01/42,
144A
5/28
at
100.00
1,072,140
1,580
Allentown
Neighborhood
Improvement
Zone
Development
Authority,
Pennsylvania,
Tax
Revenue
Bonds,
City
Center
Project,
Subordinate
Lien,
Series
2018,
5.375%,
5/01/42,
144A
5/28
at
100.00
1,528,428
7,765
Allentown
Neighborhood
Improvement
Zone
Development
Authority,
Pennsylvania,
Tax
Revenue
Bonds,
City
Center
Refunding
Project,
Series
2017,
5.000%,
5/01/42,
144A
5/27
at
100.00
7,273,453
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A
:
10,665
4.375%,
1/01/35,
(Mandatory
Put
7/01/33)
No
Opt.
Call
10,065,275
455
(d)
3.500%,
4/01/41
No
Opt.
Call
46
3,750
(d)
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2005A,
4.000%,
1/01/35
No
Opt.
Call
375
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Pennsylvania
-
5.0%
(continued)
$
2,000
(d)
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006B,
3.500%,
12/01/35
No
Opt.
Call
$
200
2,270
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Generation
Project,
Series
2008B,
3.750%,
10/01/47
4/31
at
100.00
1,562,300
8,775
Bucks
County
Industrial
Development
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Saint
Luke's
University
Health
Network
Project,
Series
2021,
3.000%,
8/15/53
-
AGM
Insured
8/30
at
100.00
5,740,409
Central
Bradford
Progress
Authority,
Pennsylvania,
Revenue
Bonds,
Guthrie
Health,
Series
2021B
:
4,860
3.000%,
12/01/44
-
BAM
Insured
12/31
at
100.00
3,416,433
6,300
4.000%,
12/01/51
-
BAM
Insured
12/31
at
100.00
5,372,442
Cumberland
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Diakon
Lutheran
Social
Ministries
Project,
Series
2015
:
770
5.000%,
1/01/38
1/25
at
100.00
746,293
625
(c)
5.000%,
1/01/38,
(Pre-refunded
1/01/25)
1/25
at
100.00
632,863
150
(c)
5.000%,
1/01/38,
(Pre-refunded
1/01/25)
1/25
at
100.00
151,887
9,000
Geisinger
Authority,
Montour
County,
Pennsylvania,
Health
System
Revenue
Bonds,
Geisinger
Health
System,
Series
2017A-2,
5.000%,
2/15/39
2/27
at
100.00
9,071,419
Montgomery
County
Higher
Education
and
Health
Authority,
Pennsylvania,
Revenue
Bonds,
Thomas
Jefferson
University,
Series
2018A
:
4,000
4.000%,
9/01/36
9/28
at
100.00
3,710,735
7,630
5.000%,
9/01/43
9/28
at
100.00
7,575,116
1,000
Montgomery
County
Higher
Education
and
Health
Authority,
Pennsylvania,
Revenue
Bonds,
Thomas
Jefferson
University,
Series
2019,
4.000%,
9/01/37
9/29
at
100.00
920,033
6,665
Montgomery
County
Industrial
Development
Authority,
Pennsylvania,
Facilities
Revenue
Bonds,
Constellation
Energy
Generation
LLC
Project,
Refunding
Series
2023A,
4.100%,
10/01/53,
(Mandatory
Put
4/03/28)
No
Opt.
Call
6,648,742
Montgomery
County
Industrial
Development
Authority,
Pennsylvania,
Health
System
Revenue
Bonds,
Albert
Einstein
Healthcare
Network
Issue,
Series
2015A
:
1,860
(c)
5.250%,
1/15/45,
(Pre-refunded
1/15/25)
1/25
at
100.00
1,889,877
1,310
(c)
5.250%,
1/15/46,
(Pre-refunded
1/15/25)
1/25
at
100.00
1,331,042
8,750
Northampton
County
General
Purpose
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Saint
Luke's
University
Health
Network
Project,
Series
2016A,
4.000%,
8/15/34
8/26
at
100.00
8,133,220
2,410
(d),(e)
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
KDC
Agribusiness
Fairless
Hills
LLC
Project,
Series
2020A-1,
10.000%,
12/01/40,
144A
6/30
at
100.00
241
2,410
(d),(e)
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
KDC
Agribusiness
Fairless
Hills
LLC
Project,
Series
2020A-2,
10.000%,
12/01/40,
(AMT),
144A
6/30
at
100.00
241
1,650
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
National
Gypsum
Company,
Refunding
Series
2014,
5.500%,
11/01/44,
(AMT)
11/24
at
100.00
1,619,648
5,000
Pennsylvania
Economic
Development
Financing
Authority,
Pennsylvania,
Private
Activity
Revenue
Bonds,
The
PennDOT
Major
Bridges
Package
One
Project,
Series
2022,
5.500%,
6/30/40,
(AMT)
12/32
at
100.00
5,212,770
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Pennsylvania
-
5.0%
(continued)
$
3,750
Pennsylvania
Economic
Development
Financing
Authority,
Private
Activity
Revenue
Bonds,
Pennsylvania
Rapid
Bridge
Replacement
Project,
Series
2015,
5.000%,
12/31/38,
(AMT)
6/26
at
100.00
$
3,616,924
4,000
Pennsylvania
Economic
Development
Financing
Authority,
Revenue
Bonds,
University
of
Pittsburgh
Medical
Center,
Series
2017A,
4.000%,
11/15/42
11/27
at
100.00
3,525,910
3,865
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
LaSalle
University,
Series
2012,
5.000%,
5/01/37
10/23
at
100.00
3,297,226
3,345
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Series
2014C,
5.000%,
12/01/39
12/24
at
100.00
3,368,409
7,405
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Series
2015A-1,
5.000%,
12/01/45
6/25
at
100.00
7,446,449
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Series
2022B
:
140
5.250%,
12/01/41
12/32
at
100.00
146,468
1,490
5.250%,
12/01/42
12/32
at
100.00
1,572,119
6,260
5.250%,
12/01/47
12/32
at
100.00
6,501,558
16,650
5.250%,
12/01/52
12/32
at
100.00
17,238,275
15,000
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Subordinate
Series
2009C,
6.250%,
6/01/33
-
AGM
Insured
6/26
at
100.00
15,955,027
25,430
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Subordinate
Series
2017B-1,
5.000%,
6/01/42
6/27
at
100.00
25,597,060
1,500
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Subordinate
Series
2021A,
3.000%,
12/01/42
12/30
at
100.00
1,070,491
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
City
Service Agreement
Revenue
Bonds,
Series
2018
:
2,500
5.000%,
5/01/36
5/28
at
100.00
2,585,877
2,250
5.000%,
5/01/37
5/28
at
100.00
2,311,389
1,000
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Revenue
Bonds,
La
Salle
University,
Series
2017,
4.000%,
5/01/42
11/27
at
100.00
689,152
2,230
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Revenue
Bonds,
Mariana
Bracetti
Academy
Project,
Series
2020A,
5.375%,
6/15/50,
144A
12/27
at
100.00
1,908,764
Philadelphia
Hospitals
and
Higher
Education
Facilities
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Temple
University
Health
System
Obligated
Group,
Series
of
2017
:
2,000
5.000%,
7/01/29
7/27
at
100.00
2,009,907
7,450
5.000%,
7/01/30
7/27
at
100.00
7,470,544
4,415
5.000%,
7/01/31
7/27
at
100.00
4,422,324
Philadelphia
School
District,
Pennsylvania,
General
Obligation
Bonds,
Series
2021A
:
6,665
4.000%,
9/01/39
-
BAM
Insured
9/31
at
100.00
6,198,049
4,665
4.000%,
9/01/40
-
BAM
Insured
9/31
at
100.00
4,313,396
6,665
4.000%,
9/01/41
-
BAM
Insured
9/31
at
100.00
6,092,767
3,315
Philadelphia,
Pennsylvania,
Airport
Revenue
Bonds,
Refunding
Series
2017B,
5.000%,
7/01/33,
(AMT)
7/27
at
100.00
3,373,255
2,595
The
Hospitals
and
Higher
Education
Facilities
Authority
of
Philadelphia,
Texas,
Hospital
Revenue
Bonds,
Temple
University
Health
System
Obligated
Group,
Series
of
2017.,
5.000%,
7/01/33
7/27
at
100.00
2,596,296
Total
Pennsylvania
220,369,922
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Puerto
Rico
-
2.1%
$
18,075
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2020A,
5.000%,
7/01/35,
144A
7/30
at
100.00
$
17,727,671
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2021B
:
10,500
5.000%,
7/01/37,
144A
7/31
at
100.00
10,110,073
2,000
4.000%,
7/01/42,
144A
7/31
at
100.00
1,668,177
1,323
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Senior
Lien
Series
2008A,
6.125%,
7/01/24
No
Opt.
Call
1,336,324
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
2018A-1
:
7,164
4.550%,
7/01/40
7/28
at
100.00
6,609,359
118,500
0.000%,
7/01/51
7/28
at
30.01
22,101,459
15,339
5.000%,
7/01/58
7/28
at
100.00
13,913,752
1,000
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
Cofina
Project
Series
2019A-2A,
4.550%,
7/01/40
7/28
at
100.00
922,579
2,000
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Taxable
Restructured
Cofina
Project
Series
2019A-2,
4.329%,
7/01/40
7/28
at
100.00
1,796,327
Puerto
Rico,
General
Obligation
Bonds,
Restructured
Series
2022A-1
:
14,500
4.000%,
7/01/37
7/31
at
103.00
12,208,697
5,000
4.000%,
7/01/41
7/31
at
103.00
4,034,423
Total
Puerto
Rico
92,428,841
South
Carolina
-
0.3%
3,330
Columbia,
South
Carolina,
Stormwater
System
Revenue
Bonds,
City
Stormwater
Improvements,
Green
Series
2018,
5.000%,
2/01/48
2/28
at
100.00
3,387,690
2,500
South
Carolina
Jobs-Economic
Development
Authority,
Hospital
Revenue
Bonds,
McLeod
Health
Projects,
Refunding
&
Improvement
Series
2018,
5.000%,
11/01/43
5/28
at
100.00
2,515,734
South
Carolina
State
Ports
Authority,
Revenue
Bonds,
Series
2018
:
4,860
5.000%,
7/01/31,
(AMT)
7/28
at
100.00
4,991,970
3,760
5.000%,
7/01/32,
(AMT)
7/28
at
100.00
3,861,835
Total
South
Carolina
14,757,229
South
Dakota
-
0.0%
910
South
Dakota
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Sanford
Health,
Series
2015,
5.000%,
11/01/45
11/25
at
100.00
874,658
Total
South
Dakota
874,658
Tennessee
-
3.9%
1,000
(d)
Blount
County
Health
and
Educational
Facilites
Board,
Tennessee,
Revenue
Refunding
Bonds,
Asbury,
Inc.,
Series
2016A,
5.000%,
1/01/37
1/25
at
102.00
230,000
2,920
Blount
County,
Tennessee,
General
Obligation
Bonds,
Refunding
Series
2016B,
5.000%,
6/01/33
6/26
at
100.00
3,001,581
2,500
Bristol
Industrial
Development
Board,
Tennessee,
Tax
Increment
Revenue
Bonds,
Pinnacle
Project,
Series
2016,
5.625%,
6/01/35
6/26
at
100.00
2,163,971
Chattanooga
Health,
Educational
and
Housing
Facility
Board,
Tennessee,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-2
:
100
5.000%,
8/01/37
8/29
at
100.00
101,292
835
5.000%,
8/01/44
8/29
at
100.00
812,986
Chattanooga,
Tennessee,
Electric
System
Enterprise
Revenue
Bonds,
Refunding,
Series
2015A
:
500
5.000%,
9/01/31
9/25
at
100.00
508,826
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Tennessee
-
3.9%
(continued)
$
1,750
5.000%,
9/01/32
9/25
at
100.00
$
1,779,232
Chattanooga-Hamilton
County
Hospital
Authority,
Tennessee,
Hospital
Revenue
Bonds,
Erlanger
Health
System,
Refunding
Series
2014A
:
500
5.000%,
10/01/34
10/24
at
100.00
500,020
1,575
5.000%,
10/01/44
10/24
at
100.00
1,426,044
510
DeKalb
Utility
District,
DeKalb
County,
Tennessee,
Waterworks
Revenue
Bonds,
Refunding
Series
2017,
3.500%,
4/01/42
4/26
at
100.00
400,394
10,040
Dickson,
Tennessee,
Electric
System
Revenue
Bonds,
Series
2022,
5.250%,
7/01/47
7/32
at
100.00
10,555,239
9,840
Franklin
Special
School
District,
Williamson
County,
Tennessee,
General
Obligation
Bonds,
Limited
Tax
School
Improvement
Series
2022,
5.000%,
6/01/47
6/32
at
100.00
10,223,717
Franklin
Special
School
District,
Williamson
County,
Tennessee,
General
Obligation
Bonds,
School
Improvement
Series
2019
:
1,000
5.000%,
6/01/37
6/29
at
100.00
1,053,205
1,000
5.000%,
6/01/38
6/29
at
100.00
1,046,937
4,200
Greeneville
Health
and
Educational
Facilities
Board,
Tennessee,
Hospital
Revenue
Bonds,
Ballad
Health,
Series
2018A,
5.000%,
7/01/36
7/28
at
100.00
4,245,218
Hallsdale-Powell
Utility
District,
Knox
County,
Tennessee,
Water
and
Sewer
Revenue
Bonds,
Refunding
Series
2018
:
1,000
4.000%,
4/01/35
4/26
at
100.00
980,798
1,415
4.000%,
4/01/38
4/26
at
100.00
1,310,927
4,785
Harpeth
Valley
Utilities
District,
Davidson
and
Williamson
Counties,
Tennessee,
Utilities
Revenue
Bonds,
Refunding
Series
2016,
5.000%,
9/01/42
9/25
at
100.00
4,816,523
6,000
Harpeth
Valley
Utilities
District,
Davidson
and
Williamson
Counties,
Tennessee,
Utilities
Revenue
Bonds,
Series
2014,
5.000%,
9/01/44
9/24
at
100.00
6,007,468
4,980
Hendersonville
Industrial
Development
Board,
Tennessee,
Multifamily
Housing
Revenue
Bonds,
Hickory
Pointe
Poject,
Series
2010,
4.875%,
12/01/25
No
Opt.
Call
5,059,465
Jackson,
Tennessee,
Hospital
Revenue
Bonds,
Jackson-Madison
County
General
Hospital
Project,
Series
2018A
:
2,740
5.000%,
4/01/41
10/28
at
100.00
2,658,314
145
(c)
5.000%,
4/01/41,
(Pre-refunded
10/01/28)
10/28
at
100.00
154,175
1,000
Johnson
City
Energy
Authority,
Tennessee,
Electric
System
Revenue
Bonds,
Series
2017,
5.000%,
5/01/29
5/27
at
100.00
1,042,483
Johnson
City
Health
and
Educational
Facilities
Board,
Tennessee,
Hospital
Revenue
Refunding
and
Improvement
Bonds,
Johnson
City
Medical
Center,
Series
1998C
:
2,025
(c)
5.125%,
7/01/25
-
NPFG
Insured,
(ETM)
10/23
at
100.00
2,172,808
9,570
(c)
5.250%,
7/01/28
-
NPFG
Insured,
(ETM)
10/23
at
100.00
9,979,332
2,500
Johnson
City
Health
and
Educational
Facilities
Board,
Tennessee,
Revenue
Bonds,
Ballad
Health,
Long
Term
Interest
Rate
Refunding
Series
2023A,
5.000%,
7/01/33
No
Opt.
Call
2,641,432
995
Kingsport
Industrial
Development
Board,
Tennessee,
Multifamily
Housing
Revenue
Bonds,
Model
City
Apartments
Project,
Series
2009,
5.000%,
7/20/29
10/23
at
100.00
994,824
Knox
County
Health,
Educational
and
Housing
Facilities
Board,
Tennessee,
Revenue
Bonds,
University
Health
System,
Inc.,
Series
2017
:
2,000
4.000%,
4/01/36
4/27
at
100.00
1,767,322
310
5.000%,
4/01/36
4/27
at
100.00
311,778
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Tennessee
-
3.9%
(continued)
Knox
County
Health,
Educational
and
Housing
Facility
Board,
Tennessee,
Hospital
Revenue
Bonds,
Covenant
Health,
Refunding
Series
2016A
:
$
2,955
5.000%,
1/01/36
1/27
at
100.00
$
2,996,287
5,000
5.000%,
1/01/42
1/27
at
100.00
4,846,462
Knox-Chapman
Utility
District
of
Knox
County,
Tennessee,
Water
and
Sewer
Revenue
Bonds,
Refunding
and
Improvement
Series
2017
:
1,475
4.000%,
1/01/32
1/26
at
100.00
1,456,611
1,000
4.000%,
1/01/35
1/26
at
100.00
983,140
1,255
McMinnville-Warren
County
Industrial
Development
Board,
Tennessee,
Multifamily
Housing
Revenue
Bonds,
Beersheba
Heights
Towers,
Series
2009,
5.500%,
11/20/39
10/23
at
100.00
1,268,764
195
(d)
Memphis/Shelby
County
Economic
Development
Growth
Engine
Industrial
Development
Board,
Tennessee,
Tax
Increment
Revenue
Bonds,
Graceland
Project,
Senior
Series
2017A,
4.750%,
7/01/27
No
Opt.
Call
163,986
1,035
Metropolitan
Government
Nashville
&
Davidson
County
Convention
Center
Authority,
Tennessee,
Tourism
Tax
Revenue
Bonds,
Series
2010A-1,
5.000%,
7/01/26
10/23
at
100.00
1,036,032
Metropolitan
Government
of
Nashville
and
Davidson
County
Sports
Authority,
Tennessee,
Revenue
Bonds,
Stadium
Project,
Subordinate
Senior
Series
2023A
:
1,480
5.000%,
7/01/36
-
AGM
Insured
1/34
at
100.00
1,585,987
1,165
5.000%,
7/01/37
-
AGM
Insured
1/34
at
100.00
1,234,638
1,930
5.000%,
7/01/38
-
AGM
Insured
1/34
at
100.00
2,027,398
1,500
5.000%,
7/01/39
-
AGM
Insured
1/34
at
100.00
1,568,548
2,275
5.000%,
7/01/40
-
AGM
Insured
1/34
at
100.00
2,368,832
2,990
5.000%,
7/01/41
-
AGM
Insured
1/34
at
100.00
3,100,852
2,000
5.000%,
7/01/42
-
AGM
Insured
1/34
at
100.00
2,057,459
1,520
5.000%,
7/01/43
-
AGM
Insured
1/34
at
100.00
1,560,336
Metropolitan
Government
of
Nashville-Davidson
County
Health
and
Educational
Facilities
Board,
Tennessee,
Revenue
Bonds,
Belmont
University,
Series
2023
:
1,320
5.000%,
5/01/42
5/33
at
100.00
1,338,579
2,000
5.000%,
5/01/43
5/33
at
100.00
2,025,863
Metropolitan
Government
of
Nashville-Davidson
County
Health
and
Educational
Facilities
Board,
Tennessee,
Revenue
Bonds,
Lipscomb
University,
Refunding
&
Improvement
Series
2016A
:
610
5.000%,
10/01/30
10/26
at
100.00
612,571
640
5.000%,
10/01/31
10/26
at
100.00
642,127
670
5.000%,
10/01/32
10/26
at
100.00
671,646
705
5.000%,
10/01/33
10/26
at
100.00
705,893
745
5.000%,
10/01/34
10/26
at
100.00
744,654
780
5.000%,
10/01/35
10/26
at
100.00
768,963
515
Metropolitan
Government
of
Nashville-Davidson
County
Health
and
Educational
Facilities
Board,
Tennessee,
Revenue
Bonds,
Rocketship
Education
Project,
Series
2017E,
5.375%,
6/01/52,
144A
6/26
at
100.00
462,127
Metropolitan
Government
of
Nashville-Davidson
County
Health
and
Educational
Facilities
Board,
Tennessee,
Revenue
Bonds,
Vanderbilt
University
Medical
Center,
Series
2016A
:
3,965
5.000%,
7/01/40
7/26
at
100.00
3,940,480
5,240
5.000%,
7/01/46
7/26
at
100.00
5,156,794
385
Metropolitan
Government
of
Nashville-Davidson
County
Health
and
Educational
Facilities
Board,
Tennessee,
Revenue
Bonds,
Vanderbilt
University
Medical
Center,
Series
2017A,
5.000%,
7/01/48
7/27
at
100.00
376,014
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Tennessee
-
3.9%
(continued)
$
5,750
Metropolitan
Nashville
Airport
Authority,
Tennessee,
Airport
Revenue
Bonds,
Improvement
Series
2015A,
5.000%,
7/01/45
7/25
at
100.00
$
5,729,575
2,000
Metropolitan
Nashville
Airport
Authority,
Tennessee,
Airport
Revenue
Bonds,
Subordinate
Series
2019B,
5.000%,
7/01/44,
(AMT)
7/30
at
100.00
1,965,947
725
Metropolitan
Nashville
Airport
Authority,
Tennessee,
Special
Facility
Revenue
Bonds,
Aero
Nashville
LLC
Project,
Refunding
Series
2010,
5.200%,
7/01/26
10/23
at
100.00
730,015
Nashville
Metropolitan
Development
and
Housing
Agency,
Tennessee,
Tax
increment
Bonds,
Fifth
&
Broadway
Development
Project,
Series
2018
:
555
4.500%,
6/01/28,
144A
No
Opt.
Call
545,815
570
5.125%,
6/01/36,
144A
6/28
at
100.00
558,272
Shelby
County
Health,
Educational
and
Housing
Facility
Board,
Tennessee,
Educational
Facilities
Revenue
Bonds,
Rhodes
College,
Series
2015
:
700
5.000%,
8/01/40
8/25
at
100.00
704,376
1,000
5.000%,
8/01/45
8/25
at
100.00
1,003,817
1,100
Shelby
County
Health,
Educational
and
Housing
Facility
Board,
Tennessee,
Residential
Care
Facility
Mortgage
Revenue
Bonds,
The
Village at
Germantown,
Series
2014,
5.250%,
12/01/44
12/24
at
100.00
953,214
20,000
The
Tennessee
Energy
Acquisition
Corporation,
Gas
Project
Revenue
Bonds,
Series
2023A-1,
5.000%,
5/01/53,
(Mandatory
Put
5/01/28)
2/28
at
100.22
19,961,586
2,100
The
Tennessee
Energy
Acquisition
Corporation,
Gas
Revenue
Bonds,
Series
2006B,
5.625%,
9/01/26
No
Opt.
Call
2,111,177
The
Tennessee
Energy
Acquisition
Corporation,
Gas
Revenue
Bonds,
Series
2006C
:
100
5.000%,
2/01/24
No
Opt.
Call
99,933
5,090
5.000%,
2/01/27
No
Opt.
Call
5,020,375
1,700
Watauga
River
Regional
Water
Authority,
Tennessee,
Waterworks
Revenue
Bonds,
Series
2017,
4.000%,
7/01/37
7/27
at
100.00
1,566,584
500
West
Knox
Utility
District
of
Knox
County,
Tennessee,
Water
and
Sewer
Revenue
Bonds,
Refunding
&
Improvement
Series
2016,
5.000%,
6/01/41
6/24
at
100.00
500,829
4,995
West
Wilson
Utility
District,
Wilson
County,
Tennessee,
Water
Revenue
Bonds,
Refunding
&
Improvement
Series
2015,
5.000%,
6/01/45
6/25
at
100.00
4,996,517
Total
Tennessee
170,095,386
Texas
-
8.8%
Arlington
Higher
Education
Finance
Corporation,
Texas,
Education
Revenue
Bonds,
Uplift
Education,
Series
2016A
:
125
5.000%,
12/01/46
12/26
at
100.00
112,355
740
5.000%,
12/01/51
12/26
at
100.00
650,359
4,510
Austin,
Texas,
Airport
System
Revenue
Bonds,
Series
2019B,
5.000%,
11/15/44,
(AMT)
11/29
at
100.00
4,495,919
5,410
Central
Texas
Regional
Mobility
Authority,
Revenue
Bonds,
Senior
Lien,
Series
2018,
5.000%,
1/01/48
1/28
at
100.00
5,415,151
2,525
Clifton
Higher
Education
Finance
Corporation,
Texas,
Education
Revenue
Bonds,
Idea
Public
Schools,
Series
2012,
5.000%,
8/15/32
10/23
at
100.00
2,525,396
1,250
Clifton
Higher
Education
Finance
Corporation,
Texas,
Education
Revenue
Bonds,
Idea
Public
Schools,
Series
2013,
6.000%,
8/15/33
10/23
at
100.00
1,251,531
5,500
Clifton
Higher
Education
Finance
Corporation,
Texas,
Education
Revenue
Bonds,
Uplift
Education
Charter
School,
Series
2014A,
4.250%,
12/01/34
12/24
at
100.00
5,074,106
9,700
Clifton
Higher
Education
Finance
Corporation,
Texas,
Education
Revenue
Bonds,
Uplift
Education
Charter
School,
Series
2015A,
5.000%,
12/01/50
6/25
at
100.00
8,558,155
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
8.8%
(continued)
Crowley
Independent
School
District,
Tarrant
and
Johnson
Counties,
Texas,
General
Obligation
Bonds,
School
Building
Series
2023
:
$
1,800
5.000%,
2/01/39
2/33
at
100.00
$
1,902,729
3,525
5.000%,
2/01/40
2/33
at
100.00
3,713,537
3,825
5.000%,
2/01/41
2/33
at
100.00
4,019,916
5,680
5.000%,
2/01/42
2/33
at
100.00
5,945,542
4,500
5.000%,
2/01/43
2/33
at
100.00
4,703,576
Dallas
Fort
Worth
International
Airport,
Texas,
Joint
Revenue
Bonds,
Refunding
Series
2023C.
:
1,000
5.000%,
11/01/27,
(AMT)
No
Opt.
Call
1,024,172
3,635
5.000%,
11/01/28,
(AMT)
No
Opt.
Call
3,750,664
11,725
5.000%,
11/01/29,
(AMT)
No
Opt.
Call
12,125,159
Dallas,
Texas,
General
Obligation
Bonds,
Refunding
and
Improvement
Series
2023A
:
6,285
5.000%,
2/15/41
2/33
at
100.00
6,521,914
1,850
5.000%,
2/15/42
2/33
at
100.00
1,912,853
2,095
5.000%,
2/15/43
2/33
at
100.00
2,160,689
2,970
Elgin,
Bastrop
and
Travis
Counties,
Texas,
Certificates
of
Participation,
Combination
Tax
Tax
Increment
Reinvestment
Zone
1,
Subordinate
Lien
Series
2021A,
4.000%,
7/15/40
-
BAM
Insured
7/31
at
100.00
2,669,667
2,000
Fort
Bend
County
Industrial
Development
Corporation,
Texas,
Revenue
Bonds,
NRG
Energy
Inc.
Project,
Series
2012B,
4.750%,
11/01/42
10/23
at
100.00
1,782,045
8,585
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Revenue
Refunding
Bonds,
Young
Men's
Christian
Association
of
the
Greater
Houston
Area,
Series
2013A,
5.000%,
6/01/33
10/23
at
100.00
7,867,251
4,750
Harris
County
Industrial
Development
Corporation,
Texas,
Revenue
Bonds,
Energy
Transfer
LP
Project,
Marine
Terminal
Refunding
Series
2023,
4.050%,
11/01/50,
(Mandatory
Put
6/01/33)
3/33
at
100.00
4,532,908
Harris
County-Houston
Sports
Authority,
Texas,
Revenue
Bonds,
Third
Lien
Series
2004A-3
:
2,750
0.000%,
11/15/36
-
NPFG
Insured
11/24
at
49.42
1,273,322
6,300
0.000%,
11/15/37
-
NPFG
Insured
11/24
at
46.55
2,713,700
Houston,
Texas,
Airport
System
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2023A
:
9,000
5.000%,
7/01/32
-
AGM
Insured,
(AMT)
No
Opt.
Call
9,467,766
6,655
5.000%,
7/01/33
-
AGM
Insured,
(AMT)
No
Opt.
Call
7,031,493
6,980
5.000%,
7/01/34
-
AGM
Insured,
(AMT)
7/33
at
100.00
7,366,684
2,675
5.000%,
7/01/35
-
AGM
Insured,
(AMT)
7/33
at
100.00
2,812,616
2,500
5.250%,
7/01/39
-
AGM
Insured,
(AMT)
7/33
at
100.00
2,592,634
5,000
5.250%,
7/01/40
-
AGM
Insured,
(AMT)
7/33
at
100.00
5,164,296
5,000
5.250%,
7/01/41
-
AGM
Insured,
(AMT)
7/33
at
100.00
5,148,565
2,500
5.250%,
7/01/42
-
AGM
Insured,
(AMT)
7/33
at
100.00
2,568,222
3,475
5.250%,
7/01/43
-
AGM
Insured,
(AMT)
7/33
at
100.00
3,562,593
7,115
Houston,
Texas,
Airport
System
Special
Facilities
Revenue
Bonds,
United
Airlines,
Inc.
Airport
Improvements
Project,
Refunding
Series
2020C,
5.000%,
7/15/27,
(AMT)
No
Opt.
Call
7,082,309
9,900
Houston,
Texas,
Airport
System
Special
Facilities
Revenue
Bonds,
United
Airlines,
Inc.
Technical
Operations
Center
Project,
Series
2018,
5.000%,
7/15/28,
(AMT)
No
Opt.
Call
9,867,451
430
Houston,
Texas,
Airport
System
Special
Facilities
Revenue
Bonds,
United
Airlines,
Inc.
Terminal
E
Project,
Refunding
Series
2020A,
5.000%,
7/01/27,
(AMT)
No
Opt.
Call
428,006
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
8.8%
(continued)
$
1,000
Houston,
Texas,
Airport
System
Special
Facilities
Revenue
Bonds,
United
Airlines,
Inc.
Terminal
Improvements
Project,
Refunding
Series
2020B-2,
5.000%,
7/15/27,
(AMT)
No
Opt.
Call
$
995,405
8,755
Houston,
Texas,
Combined
Utility
System
Revenue
Bonds,
Refunding
First
Lien
Series
2017B,
5.000%,
11/15/37
11/27
at
100.00
8,977,768
Houston,
Texas,
Hotel
Occupancy
Tax
and
Special
Revenue
Bonds,
Convention
and
Entertainment
Facilities
Department,
Refunding
Series
2014
:
2,560
5.000%,
9/01/32
9/24
at
100.00
2,571,241
335
5.000%,
9/01/34
9/24
at
100.00
336,026
Kerrville
Health
Facilities
Development
Corporation,
Texas,
Revenue
Bonds,
Sid
Peterson
Memorial
Hospital
Project,
Series
2015
:
1,360
5.000%,
8/15/30
8/25
at
100.00
1,372,142
1,280
5.000%,
8/15/35
8/25
at
100.00
1,290,466
10,000
(f)
Lamar
Consolidated
Independent
School
District,
Fort
Bend
County,
Texas,
General
Obligation
Bonds,
Schoolhouse
Series
2023,
4.250%,
2/15/53,
(UB)
2/33
at
100.00
8,879,266
4,720
Love
Field
Airport
Modernization
Corporation,
Texas,
Special
Facilities
Revenue
Bonds,
Southwest
Airlines
Company
-
Love
Field
Modernization
Program
Project,
Series
2012,
5.000%,
11/01/28,
(AMT)
10/23
at
100.00
4,698,921
15,670
Lower
Colorado
River
Authority,
Texas,
Revenue
Bonds,
Refunding
Series
2023B,
5.000%,
5/15/39,
(Mandatory
Put
5/15/28)
2/28
at
100.00
16,275,865
1,800
Lower
Colorado
River
Authority,
Texas,
Transmission
Contract
Revenue
Bonds,
LCRA
Transmission
Services
Corporation
Project,
Refunding
Series
2018,
5.000%,
5/15/48
5/28
at
100.00
1,810,586
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Retirement
Facility
Revenue
Bonds,
Legacy
at
Willow
Bend
Project,
Series
2016
:
665
5.000%,
11/01/46
11/23
at
103.00
496,681
805
5.000%,
11/01/51
11/23
at
103.00
582,226
570
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Retirement
Facility
Revenue
Bonds,
Legacy
Midtown
Park
Project,
Series
2018A,
5.500%,
7/01/54
7/24
at
103.00
416,812
755
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Retirement
Facility
Revenue
Bonds,
Wesleyan
Homes,
Inc.
Project,
Series
2014,
5.500%,
1/01/43
1/25
at
100.00
606,303
9,680
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Retirement
Facility
Revenue
Bonds,
Westminster
Project,
Series
2016,
4.000%,
11/01/36
11/24
at
102.00
8,612,777
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Senior
Living
Revenue
Bonds,
Sanctuary
LTC
LLC
Project,
Series
2021A-1
:
20,000
5.250%,
1/01/42
1/28
at
103.00
14,583,006
19,015
5.500%,
1/01/57
1/28
at
103.00
12,965,311
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Student
Housing
Revenue
Bonds,
CHF-Collegiate
Housing
Corpus
Christi
II,
L.L.C.-Texas
A&M
University-Corpus
Christi
Project,
Series
2016A
:
30
(c)
5.000%,
4/01/31,
(Pre-refunded
4/01/26)
4/26
at
100.00
30,786
360
(c)
5.000%,
4/01/36,
(Pre-refunded
4/01/26)
4/26
at
100.00
369,427
65
(c)
5.000%,
4/01/48,
(Pre-refunded
4/01/26)
4/26
at
100.00
66,702
6,625
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Student
Housing
Revenue
Bonds,
CHF-Collegiate
Housing
Foundation
-
College
Station
I
LLC
-
Texas
A&M
University
Project,
Series
2014A,
4.100%,
4/01/34
-
AGM
Insured
4/24
at
100.00
6,459,633
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
8.8%
(continued)
$
1,250
(c)
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Student
Housing
Revenue
Bonds,
CHF-Collegiate
Housing
Foundation
-
Stephenville
II,
L.L.C.
-
Tarleton
State
University
Project,
Series
2014A,
5.000%,
4/01/34,
(Pre-refunded
4/01/24)
4/24
at
100.00
$
1,255,728
3,000
(c)
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Student
Housing
Revenue
Bonds,
CHF-Collegiate
Housing
Galveston-
Texas
A&M
University
at
Galveston
Project,
Series
2014A,
5.000%,
4/01/34,
(Pre-refunded
4/01/24)
4/24
at
100.00
3,013,747
10,000
(d)
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Student
Housing
Revenue
Bonds,
NCCD
-
College
Station
Properties
LLC
-
Texas
A&M
University
Project, Series
2015A,
5.000%,
7/01/47
7/25
at
100.00
9,075,000
10,880
(c)
North
Texas
Tollway
Authority,
Special
Projects
System
Revenue
Bonds,
Convertible
Capital
Appreciation
Series
2011C,
6.750%,
9/01/45,
(Pre-
refunded
9/01/31)
9/31
at
100.00
13,063,892
4,410
North
Texas
Tollway
Authority,
System
Revenue
Bonds,
Refunding
Second
Tier,
Series
2015A,
5.000%,
1/01/34
1/25
at
100.00
4,434,004
4,395
Port
of
Houston
Authority,
Harris
County,
Texas,
General
Obligation
Bonds,
Refunding
Series
2018A,
5.000%,
10/01/32,
(AMT)
10/28
at
100.00
4,559,817
Reagan
Hospital
District
of
Reagan
County,
Texas,
Limited
Tax
Revenue
Bonds,
Series
2014A
:
655
5.000%,
2/01/29
2/24
at
100.00
656,709
1,805
5.000%,
2/01/34
2/24
at
100.00
1,801,375
385
5.125%,
2/01/39
2/24
at
100.00
370,566
645
SA
Energy
Acquisition
Public
Facilities
Corporation,
Texas,
Gas
Supply
Revenue
Bonds,
Series
2007,
5.500%,
8/01/27
No
Opt.
Call
655,595
5,950
Stephen
F.
Austin
State
University,
Texas,
Revenue
Bonds,
Refunding
&
Improvement
Series
2016,
5.000%,
10/15/42
10/28
at
100.00
6,089,360
3,000
Tarrant
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Revenue
Bonds,
Texas
Health
Resources
System,
Series
2016A,
5.000%,
2/15/41
8/26
at
100.00
3,015,590
3,435
Tarrant
County
Cultural
Education
Facilities,
Texas,
Finance
Corporation
Revenue
Bonds,
Christus
Health,
Refunding
Series
2018B,
5.000%,
7/01/35
1/29
at
100.00
3,567,274
3,000
Tarrant
County
Hospital
District,
Texas,
General
Obligation
Bonds,
Limited
Tax
Series
2023,
5.250%,
8/15/53
8/32
at
100.00
3,095,211
10,115
Texas
Private
Activity
Bond
Surface
Transporation
Corporation,
Senior
Lien
Revenue
Bonds,
Blueridge
Transportation
Group,
LLC
SH
288
Toll
Lanes
Project,
Series
2016,
5.000%,
12/31/40,
(AMT)
12/25
at
100.00
9,826,926
7,300
Texas
Private
Activity
Bond
Surface
Transporation
Corporation,
Senior
Lien
Revenue
Bonds,
NTE
Mobility
Partners
Segments
3
LLC
Segments
3A
&
3B
Facility,
Series
2013,
6.750%,
6/30/43,
(AMT)
10/23
at
100.00
7,311,854
5,000
Texas
Private
Activity
Bond
Surface
Transporation
Corporation,
Senior
Lien
Revenue
Bonds,
NTE
Mobility
Partners
Segments
3
LLC
Segments
3C
Project,
Series
2019,
5.000%,
6/30/58,
(AMT)
6/29
at
100.00
4,785,468
Texas
Private
Activity
Bond
Surface
Transportation
Corporation,
Senior
Lien
Revenue
Bonds,
LBJ
Infrastructure
Group
LLC
IH-635
Managed
Lanes
Project,
Refunding Series
2020A
:
1,000
4.000%,
12/31/34
12/30
at
100.00
934,439
1,680
4.000%,
12/31/37
12/30
at
100.00
1,522,041
1,750
4.000%,
6/30/38
12/30
at
100.00
1,575,262
2,845
4.000%,
12/31/38
12/30
at
100.00
2,554,405
1,300
4.000%,
6/30/39
12/30
at
100.00
1,159,528
4,050
4.000%,
12/31/39
12/30
at
100.00
3,603,253
1,250
4.000%,
6/30/40
12/30
at
100.00
1,105,073
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
8.8%
(continued)
$
15,000
Texas
Transportation
Commission,
Central
Texas
Turnpike
System
Revenue
Bonds,
Refunding
Second
Tier
Series
2015C,
5.000%,
8/15/37
8/24
at
100.00
$
14,749,455
3,340
Texas
Water
Development
Board,
State
Water
Implementation
Revenue
Fund
Bonds,
Master
Trust
Series
2019A,
4.000%,
10/15/38
10/29
at
100.00
3,178,227
6,000
Texas
Water
Development
Board,
State
Water
Implementation
Revenue
Fund
Bonds,
Master
Trust
Series
2020,
4.000%,
10/15/45
10/30
at
100.00
5,406,057
20,270
Texas
Water
Development
Board,
State
Water
Implementation
Revenue
Fund
Bonds,
Master
Trust
Series
2022,
4.800%,
10/15/52
10/32
at
100.00
20,303,034
1,030
Viridian
Municipal
Management
District,
Texas,
Reinvest
Zone
6
Tax
Increment
Revenue
Bonds,
Refunding
Road
Improvement
Series
2015,
6.000%,
12/01/32
-
BAM
Insured
12/24
at
100.00
1,054,363
1,135
Viridian
Municipal
Management
District,
Texas,
Reinvest
Zone
6
Tax
Increment
Revenue
Bonds,
Refunding
Utility
Improvement
Series
2015,
6.000%,
12/01/31
-
BAM
Insured
12/24
at
100.00
1,161,868
Total
Texas
387,077,722
Utah
-
1.2%
Military
Installation
Development
Authority,
Utah,
Tax
Allocation
Revenue
Bonds,
Series
2021A-2
:
3,500
4.000%,
6/01/41
9/26
at
103.00
2,606,585
2,280
4.000%,
6/01/52
9/26
at
103.00
1,551,968
2,600
Red
Bridge
Public
Infrastructure
District
1,
Utah,
Limited
Tax
General
Obligation
Bonds,
Series
2021A,
4.375%,
2/01/51,
144A
2/26
at
103.00
1,834,061
Salt
Lake
City,
Utah,
Airport
Revenue
Bonds,
International
Airport
Series
2017A
:
14,530
5.000%,
7/01/42,
(AMT)
7/27
at
100.00
14,297,072
17,000
5.000%,
7/01/47,
(AMT)
7/27
at
100.00
16,693,536
Salt
Lake
City,
Utah,
Airport
Revenue
Bonds,
International
Airport
Series
2023A
:
2,700
5.000%,
7/01/35,
(AMT)
7/33
at
100.00
2,819,258
1,700
5.250%,
7/01/41,
(AMT)
7/33
at
100.00
1,769,263
1,705
Utah
Charter
School
Finance
Authority,
Revenue
Bonds,
Ronald
Eilson
Reagan
Academy
Project,
Refunding
Series
2016A,
5.000%,
2/15/46,
144A
2/26
at
100.00
1,509,845
7,000
Utah
County,
Utah,
Hospital
Revenue
Bonds,
IHC
Health
Services
Inc.,
Series
2018A,
5.000%,
5/15/41
5/26
at
100.00
7,067,262
Total
Utah
50,148,850
Virginia
-
1.1%
4,880
Arlington
County
Industrial
Development
Authority,
Virginia,
Hospital
Revenue
Bonds,
Virginia
Hospital
Center,
Series
2023A,
5.000%,
7/01/53,
(Mandatory
Put
7/01/31)
7/30
at
100.00
5,105,106
4,010
Tobacco
Settlement
Financing
Corporation
of
Virginia,
Tobacco
Settlement
Asset
Backed
Bonds,
Series
2007B1,
5.000%,
6/01/47
10/23
at
100.00
3,547,819
1,200
Virginia
College
Building
Authority,
Educational
Facilities
Revenue
Bonds,
21st
Century
Collage
&
Equipment
Programs,
Series
2023A,
5.250%,
2/01/42
2/33
at
100.00
1,282,335
5,000
Virginia
College
Building
Authority,
Educational
Facilities
Revenue
Bonds,
21st
Century
College
&
Equipment
Programs,
Series
2022A,
5.000%,
2/01/40
2/32
at
100.00
5,249,470
1,000
Virginia
College
Building
Authority,
Educational
Facilities
Revenue
Bonds,
Marymount
University
Project,
Green
Series
2015B,
5.000%,
7/01/45,
144A
7/25
at
100.00
883,752
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Virginia
-
1.1%
(continued)
Virginia
Port
Authority,
Commonwealth
Port
Fund
Revenue
Bonds,
Series
2023A
:
$
1,480
5.000%,
7/01/41
7/33
at
100.00
$
1,578,364
2,370
5.000%,
7/01/42
7/33
at
100.00
2,515,609
2,885
5.000%,
7/01/43
7/33
at
100.00
3,053,569
2,000
Virginia
Small
Business
Finance
Authority,
Educational
Facilities
Revenue
Bonds,
Provident
Resource
Group
-
Rixey
Student
Housing
Project,
Series
2019A,
5.500%,
7/01/49,
144A
7/34
at
100.00
1,708,720
Virginia
Small
Business
Financing
Authority,
Private
Activity
Revenue
Bonds,
Transform
66
P3
Project,
Senior
Lien
Series
2017
:
2,180
5.000%,
12/31/47,
(AMT)
6/27
at
100.00
2,096,894
13,250
5.000%,
12/31/52,
(AMT)
6/27
at
100.00
12,604,720
Virginia
Small
Business
Financing
Authority,
Revenue
Bonds,
National
Senior
Campuses
Inc
Obligated
Group,
Series
2020A
:
4,060
4.000%,
1/01/40
7/27
at
103.00
3,460,947
5,695
4.000%,
1/01/45
7/27
at
103.00
4,585,087
Total
Virginia
47,672,392
Washington
-
2.7%
2,525
Energy
Northwest,
Washington,
Electric
Revenue
Bonds,
Columbia
Generating
Station,
Bonneville
Power
Administration,
Refunding
Series
2022A,
5.000%,
7/01/36
7/32
at
100.00
2,735,863
5,500
King
County
Public
Hospital
District
4,
Washington,
General
Obligation
Bonds,
Snoqualmie
Valley
Hospital,
Refunding
Limited
Tax
Series
2015A,
5.000%,
12/01/38
12/25
at
100.00
5,105,663
80
Ocean
Shores,
Washington,
Local
Improvement
District
2007-01
Bonds,
2011,
7.250%,
2/01/31
No
Opt.
Call
85,840
5,385
Port
of
Seattle,
Washington,
Revenue
Bonds,
Intermediate
Lien
Series
2018A,
5.000%,
5/01/30,
(AMT)
5/27
at
100.00
5,502,602
Port
of
Seattle,
Washington,
Revenue
Bonds,
Intermediate
Lien
Series
2019
:
10,000
5.000%,
4/01/37,
(AMT)
4/29
at
100.00
10,215,005
6,995
5.000%,
4/01/38,
(AMT)
4/29
at
100.00
7,099,014
Skagit
County
Public
Hospital
District
1,
Washington,
Revenue
Bonds,
Skagit
Valley
Hospital,
Refunding
&
Improvement
Series
2016
:
3,825
5.000%,
12/01/30
12/26
at
100.00
3,782,317
1,950
5.000%,
12/01/31
12/26
at
100.00
1,925,537
4,000
5.000%,
12/01/32
12/26
at
100.00
3,944,526
1,120
5.000%,
12/01/37
12/26
at
100.00
1,048,598
3,630
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-1,
4.000%,
8/01/44
8/29
at
100.00
3,031,528
1,600
(c)
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
PeaceHealth,
Refunding
Series
2014A,
5.000%,
11/15/28,
(Pre-refunded
5/15/24)
5/24
at
100.00
1,609,191
2,960
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
Providence
Health
&
Services,
Series
2014D,
5.000%,
10/01/41
10/24
at
100.00
2,863,487
6,000
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
Providence
Saint
Joseph
Health,
Refunding
Series
2021B,
4.000%,
10/01/42,
(Mandatory
Put
10/01/30)
No
Opt.
Call
5,725,539
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
Virginia
Mason
Medical
Center,
Series
2017
:
3,090
5.000%,
8/15/33
8/27
at
100.00
3,103,464
5,955
5.000%,
8/15/34
8/27
at
100.00
5,939,234
2,695
5.000%,
8/15/35
8/27
at
100.00
2,662,206
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Washington
-
2.7%
(continued)
Washington
State
Housing
Finance
Commission,
Nonprofit
Refunding
Revenue
Bonds,
Wesley
Homes
at
Lea
Hill
Project,
Series
2016
:
$
1,155
5.000%,
7/01/41,
144A
7/26
at
100.00
$
925,218
2,000
5.000%,
7/01/46,
144A
7/26
at
100.00
1,529,245
3,805
5.000%,
7/01/51,
144A
7/26
at
100.00
2,805,302
2,340
Washington
State
Housing
Finance
Commission,
Revenue
Bonds,
Riverview
Retirement
Community,
Refunding
Series
2012,
5.000%,
1/01/48
10/23
at
100.00
1,929,076
14,210
Washington
State
Housing
Finance
Commission,
Social
Municipal
Certificates
Multifamily
Revenue
Bonds,
Series
2023-1
Class
A,
3.375%,
4/20/37
No
Opt.
Call
11,434,499
8,520
Washington
State,
General
Obligation
Bonds,
Various
Purpose
Series
2015B,
5.000%,
2/01/36
2/25
at
100.00
8,609,634
4,540
Washington
State,
General
Obligation
Bonds,
Various
Purpose
Series
2022A,
5.000%,
8/01/44
No
Opt.
Call
4,718,974
Washington
State,
General
Obligation
Bonds,
Various
Purpose
Series
2023A
:
13,330
5.000%,
8/01/40
8/32
at
100.00
14,034,857
6,635
5.000%,
8/01/43
8/32
at
100.00
6,920,304
Total
Washington
119,286,723
West
Virginia
-
0.5%
15,500
West
Virginia
Hospital
Finance
Authority,
Hospital
Revenue
Bonds,
Cabell
Huntington
Hospital,
Inc.
Project,
Refunding
&
Improvement
Series
2018A,
5.000%,
1/01/43
1/29
at
100.00
13,503,202
West
Virginia
Hospital
Finance
Authority,
Hospital
Revenue
Bonds,
Charleston
Area
Medical
Center,
Refunding
&
Improvement
Series
2019A
:
1,000
5.000%,
9/01/30
9/29
at
100.00
1,013,907
1,500
5.000%,
9/01/31
9/29
at
100.00
1,519,141
West
Virginia
Hospital
Finance
Authority,
Revenue
Bonds,
West
Virginia
University
Health
System,
Improvement
Series
2023A
:
2,805
5.000%,
6/01/40
6/33
at
100.00
2,848,135
1,715
5.000%,
6/01/41
6/33
at
100.00
1,736,816
Total
West
Virginia
20,621,201
Wisconsin
-
2.9%
1,250
Public
Finance
Authority
of
Wisconsin,
Charter
School
Revenue
Bonds,
Cornerstone
Charter
Academy,
North
Carolina,
Series
2016A,
5.000%,
2/01/36,
144A
2/26
at
100.00
1,148,216
815
Public
Finance
Authority
of
Wisconsin,
Charter
School
Revenue
Bonds,
Eno
River
Academy
Project,
Series
2020A,
5.000%,
6/15/40,
144A
6/30
at
100.00
749,053
200
Public
Finance
Authority
of
Wisconsin,
Charter
School
Revenue
Bonds,
Founders
Academy
of
Las
Vegas,
Series
2020A,
5.000%,
7/01/55,
144A
7/28
at
100.00
152,689
2,150
Public
Finance
Authority
of
Wisconsin,
Charter
School
Revenue
Bonds,
North
Carolina
Charter
Educational
Foundation
Project,
Series
2016A,
5.000%,
6/15/46,
144A
6/26
at
100.00
1,560,461
Public
Finance
Authority
of
Wisconsin,
Conference
Center
and
Hotel
Revenue
Bonds,
Lombard
Public
Facilities
Corporation,
First
Tier
Series
2018A-1
:
11
(d)
0.000%,
1/01/47,
144A
No
Opt.
Call
228
10
(d)
0.000%,
1/01/48,
144A
No
Opt.
Call
188
9
(d)
0.000%,
1/01/49,
144A
No
Opt.
Call
174
9
(d)
0.000%,
1/01/50,
144A
No
Opt.
Call
156
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Wisconsin
-
2.9%
(continued)
$
9
(d)
0.000%,
1/01/51,
144A
No
Opt.
Call
$
145
12
(d)
0.000%,
1/01/52,
144A
No
Opt.
Call
174
11
(d)
0.000%,
1/01/53,
144A
No
Opt.
Call
163
11
(d)
0.000%,
1/01/54,
144A
No
Opt.
Call
148
11
(d)
0.000%,
1/01/55,
144A
No
Opt.
Call
136
11
(d)
0.000%,
1/01/56,
144A
No
Opt.
Call
126
579
(d)
5.500%,
7/01/56,
144A
3/28
at
100.00
307,802
12
(d)
0.000%,
1/01/57,
144A
No
Opt.
Call
132
11
(d)
0.000%,
1/01/58,
144A
No
Opt.
Call
121
11
(d)
0.000%,
1/01/59,
144A
No
Opt.
Call
112
11
(d)
0.000%,
1/01/60,
144A
No
Opt.
Call
102
11
(d)
0.000%,
1/01/61,
144A
No
Opt.
Call
95
11
(d)
0.000%,
1/01/62,
144A
No
Opt.
Call
87
10
(d)
0.000%,
1/01/63,
144A
No
Opt.
Call
80
10
(d)
0.000%,
1/01/64,
144A
No
Opt.
Call
75
10
(d)
0.000%,
1/01/65,
144A
No
Opt.
Call
69
11
(d)
0.000%,
1/01/66,
144A
No
Opt.
Call
68
128
(d)
0.000%,
1/01/67,
144A
No
Opt.
Call
742
Public
Finance
Authority
of
Wisconsin,
Conference
Center
and
Hotel
Revenue
Bonds,
Lombard
Public
Facilities
Corporation,
Second
Tier
Series
2018B
:
27
(d)
0.000%,
1/01/46,
144A
No
Opt.
Call
605
27
(d)
0.000%,
1/01/47,
144A
No
Opt.
Call
552
26
(d)
0.000%,
1/01/48,
144A
No
Opt.
Call
518
26
(d)
0.000%,
1/01/49,
144A
No
Opt.
Call
483
26
(d)
0.000%,
1/01/50,
144A
No
Opt.
Call
441
28
(d)
0.000%,
1/01/51,
144A
No
Opt.
Call
457
727
(d)
1.000%,
7/01/51,
144A
3/28
at
100.00
394,605
28
(d)
0.000%,
1/01/52,
144A
No
Opt.
Call
421
28
(d)
0.000%,
1/01/53,
144A
No
Opt.
Call
392
28
(d)
0.000%,
1/01/54,
144A
No
Opt.
Call
365
27
(d)
0.000%,
1/01/55,
144A
No
Opt.
Call
340
27
(d)
0.000%,
1/01/56,
144A
No
Opt.
Call
318
27
(d)
0.000%,
1/01/57,
144A
No
Opt.
Call
296
26
(d)
0.000%,
1/01/58,
144A
No
Opt.
Call
276
26
(d)
0.000%,
1/01/59,
144A
No
Opt.
Call
259
26
(d)
0.000%,
1/01/60,
144A
No
Opt.
Call
241
25
(d)
0.000%,
1/01/61,
144A
No
Opt.
Call
223
25
(d)
0.000%,
1/01/62,
144A
No
Opt.
Call
209
25
(d)
0.000%,
1/01/63,
144A
No
Opt.
Call
194
25
(d)
0.000%,
1/01/64,
144A
No
Opt.
Call
183
24
(d)
0.000%,
1/01/65,
144A
No
Opt.
Call
170
24
(d)
0.000%,
1/01/66,
144A
No
Opt.
Call
155
314
(d)
0.000%,
1/01/67,
144A
No
Opt.
Call
1,816
1,650
Public
Finance
Authority
of
Wisconsin,
Education
Revenue
Bonds,
Carolina
International
School,
Series
2013A,
7.000%,
8/01/43,
144A
10/23
at
100.00
1,650,645
3,845
Public
Finance
Authority
of
Wisconsin,
Exempt
Facilities
Revenue
Bonds,
National
Gypsum
Company
Project,
Refunding
Series
2016,
4.000%,
8/01/35,
(AMT)
8/26
at
100.00
3,240,669
14,000
Public
Finance
Authority
of
Wisconsin,
Limited
Obligation
PILOT
Revenue
Bonds,
American
Dream
@
Meadowlands
Project,
Series
2017,
6.750%,
12/01/42,
144A
12/27
at
100.00
12,507,685
5,000
Public
Finance
Authority
of
Wisconsin,
Pollution
Control
Revenue
Bonds,
Duke
Energy
Progress
Project,
Refunding
Series
2022B,
4.000%,
10/01/46,
(Mandatory
Put
10/01/30)
No
Opt.
Call
4,831,872
2,735
(d)
Public
Finance
Authority
of
Wisconsin,
Revenue
Bonds,
Alabama
Gulf
Coast
Zoo,
Series
2018A,
6.500%,
9/01/48,
144A
9/28
at
100.00
1,641,000
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Wisconsin
-
2.9%
(continued)
Public
Finance
Authority
of
Wisconsin,
Revenue
Bonds,
Sky
Harbour
LLC
Obligated
Group
Aviation
Facilities
Project,
Series
2021
:
$
2,655
4.000%,
7/01/36,
(AMT)
7/28
at
100.00
$
2,106,314
3,225
4.250%,
7/01/54,
(AMT)
7/31
at
100.00
2,082,707
Public
Finance
Authority
of
Wisconsin,
Senior
Revenue
Bonds,
Maryland
Proton
Treatment
Center,
Series
2018A-1
:
1,360
6.250%,
1/01/38,
144A
1/28
at
100.00
836,400
4,065
6.375%,
1/01/48,
144A
1/28
at
100.00
2,499,975
1,000
Public
Finance
Authority
of
Wisconsin,
Senior
Revenue
Bonds,
Maryland
Proton
Treatment
Center,
Series
2018B-2,
8.500%,
1/01/49
1/28
at
100.00
615,000
4,300
Public
Finance
Authority
of
Wisconsin,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Refunding
Series
2016A-2,
2.875%,
5/01/27
5/26
at
100.00
3,986,598
Public
Finance
Authority,
Wisconsin,
Educational
Revenue
Bonds,
Lake
Norman
Charter
School,
Series
2018A
:
10,050
5.000%,
6/15/38,
144A
6/26
at
100.00
9,277,520
3,360
5.000%,
6/15/48,
144A
6/26
at
100.00
2,932,530
7,000
Public
Finance
Authority,
Wisconsin,
Exempt
Facilities
Revenue
Bonds,
Celanese
Project,
Refunding
Series
2016C,
4.300%,
11/01/30
5/26
at
100.00
6,763,289
33,500
Wisconsin
Center
District,
Dedicated
Tax
Revenue
Bonds,
Supported
by
State
Moral
Obligation
Junior
Series
2020D,
0.000%,
12/15/60
-
AGM
Insured
12/30
at
29.95
4,705,665
18,000
Wisconsin
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Mercy
Alliance,
Inc.,
Series
2012,
5.000%,
6/01/32
10/23
at
100.00
17,998,787
7,500
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Children's
Hospital
of
Wisconsin,
Inc.,
Series
2017,
4.000%,
8/15/42
8/27
at
100.00
6,679,054
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Dickson
Hollow
Project.
Series
2014
:
1,880
5.250%,
10/01/39
10/23
at
101.00
1,595,264
1,000
5.375%,
10/01/44
10/23
at
101.00
830,252
3,500
5.500%,
10/01/49
10/23
at
101.00
2,893,411
6,000
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Froedtert
Health,
Inc.
Obligated
Group,
Series
2017A,
4.000%,
4/01/39
4/27
at
100.00
5,371,874
5,000
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Marshfield
Clinic,
Series
2016A,
5.000%,
2/15/46
2/26
at
100.00
4,614,497
435
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
ProHealth
Care,
Inc.
Obligated
Group,
Refunding
Series
2015,
5.000%,
8/15/39
8/24
at
100.00
427,039
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Rogers
Memorial
Hospital,
Inc.,
Series
2014A
:
2,980
5.000%,
7/01/34
7/24
at
100.00
2,970,626
2,100
4.350%,
7/01/36
10/23
at
100.00
1,976,673
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Woodland
Hills
Senior
Housing
Project,
Series
2014
:
5,000
5.000%,
12/01/34
10/23
at
102.00
4,562,811
4,435
5.000%,
12/01/44
10/23
at
102.00
3,554,246
4,225
5.250%,
12/01/49
10/23
at
102.00
3,424,617
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Wisconsin
-
2.9%
(continued)
$
5,501
Wisconsin
Housing
and
Economic
Development
Authority,
Homeowners
Mortgage
Revenue
Bonds,
Guaranteed
Mortgage-Backed
Securities
Program,
Pass
Through
Series
2017A,
2.690%,
7/01/47
10/26
at
100.00
$
4,963,499
Total
Wisconsin
125,865,580
Total
Municipal
Bonds
(cost
$4,548,211,538)
4,336,257,635
Shares
Description
(a)
Value
X
–
COMMON
STOCKS
-
1
.3
%
X
59,209,661
Utilities
-
1.3%
719,217
(d),(i),(j)
Energy
Harbor
Corp
$
57,357,556
4,068
(d),(j),(k)
Talen
Energy
Corp
215,095
30,960
(d),(j),(k)
Talen
Energy
Supply
LLC
1,637,010
Total
Utilities
59,209,661
Total
Common
Stocks
(cost
$15,248,328)
59,209,661
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
-
0
.1
%
X
3,872,230
$
4,492
National
Finance
Authority,
New
Hampshire,
Municipal
Certificates
Social
Series
2023-2
Class
A
3.875%
1/20/38
$
3,872,230
Total
Asset-Backed
and
Mortgage-Backed
Securities
(cost
$4,128,932)
3,872,230
Principal
Amount
(000)
Description
(a)
Coupon
(l)
Reference
Rate
(l)
Spread
(l)
Maturity
(m)
Value
X
–
VARIABLE
RATE
SENIOR
LOAN
INTERESTS
-
0
.0
%
(l)
X
117,470
Capital
Goods
-
0.0%
$
500
(d),(e)
KDC
Agribusiness
Fairless
Hills
LLC
12.000%
N/A
N/A
9/15/23
$
117,470
Total
Capital
Goods
117,470
Total
Variable
Rate
Senior
Loan
Interests
(cost
$500,000)
117,470
Total
Long-Term
Investments
(cost
$4,568,088,798)
4,399,456,996
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
SHORT-TERM
INVESTMENTS
-
1.3%
X
–
MUNICIPAL
BONDS
-
1
.3
%
X
57,000,000
National
-
1.3%
$
57,000
(n)
Invesco
Municipal
Opportunity
Trust
Variable
Rate
Munifund
Term
Preferred
Shares
Series
2015/6VMO.
JP
MORGAN
CHASE
PUTTERS
/
DRIVERS
TR
VAR
STS
CTFS
5029.Ticker
Symbol
-
VMO,
5.300%,
12/01/24,
(AMT),
(Mandatory
Put
9/29/2023),
144A
No
Opt.
Call
$
57,000,000
Total
National
57,000,000
Total
Municipal
Bonds
(cost
$57,000,000)
57,000,000
Total
Short-Term
Investments
(cost
$57,000,000)
57,000,000
Total
Investments
(cost
$
4,625,088,798
)
-
101
.8
%
4,456,456,996
Borrowings
-
(0.9)%
(o)
(
40,800,000
)
Floating
Rate
Obligations
-
(1.2)%
(
54,020,000
)
Other
Assets
&
Liabilities,
Net
- 0.3%
14,469,669
Net
Assets
-
100%
$
4,376,106,665
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(b)
Optional
Call
Provisions:
Dates
(month
and
year)
and
prices
of
the
earliest
optional
call
or
redemption.
There
may
be
other
call
provisions
at
varying
prices
at
later
dates.
Certain
mortgage-backed
securities
may
be
subject
to
periodic
principal
paydowns.
(c)
Backed
by
an
escrow
or
trust
containing
sufficient
U.S.
Government
or
U.S.
Government
agency
securities,
which
ensure
the
timely
payment
of
principal
and
interest.
(d)
Defaulted
security.
A
security
whose
issuer
has
failed
to
fully
pay
principal
and/or
interest
when
due,
or
is
under
the
protection
of
bankruptcy.
(e)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(f)
Investment,
or
portion
of
investment,
has
been
pledged
to
collateralize
the
net
payment
obligations
for
investments
in
inverse
floating
rate
transactions.
(g)
Step-up
coupon
bond,
a
bond
with
a
coupon
that
increases
("steps
up"),
usually
at
regular
intervals,
while
the
bond
is
outstanding.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(h)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
Nuveen
All-American
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
(i)
Energy
Harbor
Corp
(ENGH)
common
stock
received
as
part
of
the
bankruptcy
settlements
during
February
2020,
for
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2005A,
4.000%,
1/01/35,
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006A,
3.500%,
4/01/41,
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006B,
3.500%,
12/01/35,
Ohio
Air
Quality
Development
Authority,
Ohio,
Air
Quality
Development
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Series
2009A,
5.700%,
8/01/20,
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
3.750%,
12/01/23,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2005B,
4.000%,
1/01/34,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2008B,3.625%,
10/01/33,Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2008C,
3.950%,11/01/32.
Various
funds
and
accounts
managed
by
Nuveen,
including
the
Fund,
collectively
are
a
substantial
minority
holder
of
ENGH’s
outstanding
shares
of
common
stock,
and
possess
certain
other
rights
with
respect
to
the
corporate
governance
of
ENGH.
Due
to
these
facts,
under
the
federal
securities
laws,
the
securities
of
ENGH
held
by
Nuveen
funds
and
accounts,
including
the
Fund,
cannot
be
sold
except
under
limited
conditions
(which
are
not currently
satisfied).
The
Fund
is
therefore
unable
to
sell
such
shares
in
ordinary
secondary
market
transactions
at
this
time.
On
March
6,
2023
Vistra
Corp.
(“Vistra”)
announced
that
it
has
executed
a
definitive
agreement
with
Energy
Harbor
Corp.,
pursuant
to
which
Energy
Harbor
will
merge
with
and
into
a
newly-
formed
subsidiary
of
Vistra. The
companies
anticipate
closing
the
transaction
in
the
fourth
quarter
of
2023. In
connection
with
the
transaction,
Nuveen
funds
and
accounts
expect
to
receive
a
combination
of
cash
and
shares
in
a
newly
formed
entity.
Nuveen
expects
these
shares
to
be
issued
in
a
private
transaction
and
may
have
reduced
secondary
market
liquidity. The
transaction
is
subject
to
certain
regulatory
approvals
and
there
can
be
no
assurance
that
the
transaction
will
close.
(j)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(k)
In
May
2023,
Talen
Energy
completed
a
Chapter
11
plan
of
reorganization
whereby
the
Fund
received
Talen
Energy
Common
Stock
in
exchange
for
the
following
portfolio
holding:
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Refunding
Bonds,
PPL
Energy
Supply,
LLC
Project,
Series
2009A,
6.400%,
12/01/38.
(l)
Senior
loans
generally
pay
interest
at
rates
which
are
periodically
adjusted
by
reference
to
a
base
short-term,
floating
lending
rate
(Reference
Rate)
plus
an
assigned
fixed
rate
(Spread).
These
floating
lending
rates
are
generally
(i)
the
lending
rate
referenced
by
the
London
Inter-Bank
Offered
Rate
("LIBOR"),
or
(ii)
the
prime
rate
offered
by
one
or
more
major
United
States
banks.
Senior
loans
may
be
considered
restricted
in
that
the
Fund
ordinarily
is
contractually
obligated
to
receive
approval
from
the
agent
bank
and/or
borrower
prior
to
the
disposition
of
a
senior
loan.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(m)
Senior
loans
generally
are
subject
to
mandatory
and/or
optional
prepayment.
Because
of
these
mandatory
prepayment
conditions
and
because
there
may
be
significant
economic
incentives
for
a
borrower
to
prepay,
prepayments
of
senior
loans
may
occur.
As
a
result,
the
actual
remaining
maturity
of
senior
loans
held
may
be
substantially
less
than
the
stated
maturities
shown.
(n)
Investment
has
a
maturity
of
greater
than
one
year,
but
has
variable
rate
and/or
demand
features
which
qualify
it
as
a
short-term
investment.
The
rate
disclosed,
as
well
as
the
reference
rate
and
spread,
where
applicable,
is
that
in
effect
as
of
the
end
of
the
reporting
period.
This
rate
changes
periodically
based
on
market
conditions
or
a
specified
market
index.
(o)
Borrowings
as
a
percentage
of
Total
Investments
is
0.9%.
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
AMT
Alternative
Minimum
Tax
ETM
Escrowed
to
maturity
N/A
Not
Applicable.
SIFMA
Securities
Industry
and
Financial
Market
Association
UB
Underlying
bond
of
an
inverse
floating
rate
trust
reflected
as
a
financing
transaction.
WI/DD
When-issued
or
delayed
delivery
security.
See
Notes
to
Financial
Statements
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
LONG-TERM
INVESTMENTS
-
99.1%
X
–
MUNICIPAL
BONDS
-
95
.9
%
X
6,990,581,731
Alabama
-
2.2%
$
7,630
Alabama
State
Port
Authority,
Docks
Facilities
Revenue
Bonds,
Refunding
Series
2017A,
5.000%,
10/01/31
-
AGM
Insured,
(AMT)
10/27
at
100.00
$
7,732,078
5,080
Birmingham-Jefferson
Civic
Center
Authority,
Alabama,
Special
Tax
Bonds,
Series
2018A,
4.000%,
7/01/37
7/28
at
100.00
4,681,320
2,880
Birmingham-Jefferson
Civic
Center
Authority,
Alabama,
Special
Tax
Bonds,
Series
2018B,
5.000%,
7/01/37
7/28
at
100.00
2,921,950
3,615
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Project
4
Series
2019A-1,
4.000%,
12/01/49,
(Mandatory
Put
12/01/25)
9/25
at
100.38
3,549,707
6,000
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Project
5
Series
2020A-1,
4.000%,
10/01/49,
(Mandatory
Put
10/01/26)
7/26
at
100.65
5,853,187
6,815
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Project
8
Series
2022A,
4.000%,
12/01/52,
(Mandatory
Put
12/01/29)
9/29
at
100.40
6,368,749
7,865
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Series
2022B-1,
4.000%,
4/01/53,
(Mandatory
Put
10/01/27)
7/27
at
100.42
7,573,315
3,000
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Series
2022F,
5.500%,
11/01/53,
(Mandatory
Put
12/01/28)
9/28
at
100.00
3,065,705
8,245
Black
Belt
Energy
Gas
District,
Alabama,
Gas
Supply
Revenue
Bonds,
Series
2022
Sub
D-1,
4.000%,
7/01/52,
(Mandatory
Put
6/01/27)
3/27
at
100.17
8,031,741
Chatom
Industrial
Development
Board,
Alabama,
Gulf
Opportunity
Zone
Revenue
Bonds,
PowerSouth
Energy
Cooperative,
Refunding
Series
2020
:
1,045
5.000%,
8/01/26
-
AGM
Insured
No
Opt.
Call
1,065,283
1,000
5.000%,
8/01/28
-
AGM
Insured
No
Opt.
Call
1,037,966
1,000
5.000%,
8/01/30
-
AGM
Insured
No
Opt.
Call
1,051,460
5,500
Lower
Alabama
Gas
District,
Alabama,
Goldman
Sachs
Gas
Project
2
Revenue
Bonds,
Series
2020A,
4.000%,
12/01/50,
(Mandatory
Put
12/01/25)
9/25
at
100.58
5,392,559
7,410
Mobile
Industrial
Development
Board,
Alabama,
Pollution
Control
Revenue
Refunding
Bonds,
Alabama
Power
Company
Barry
Plan,
Series
2007A,
1.000%,
6/01/34,
(Mandatory
Put
6/26/25)
No
Opt.
Call
6,988,315
28,940
Mobile
Industrial
Development
Board,
Alabama,
Pollution
Control
Revenue
Refunding
Bonds,
Alabama
Power
Company
Barry
Plan,
Series
2008,
2.900%,
7/15/34,
(Mandatory
Put
12/12/23)
No
Opt.
Call
28,843,957
555
Mobile
Spring
Hill
College
Educational
Building
Authority,
Alabama,
Revenue
Bonds,
Spring
Hill
College
Project,
Series
2015,
5.000%,
4/15/27
4/25
at
100.00
542,366
Montgomery
Medical
Clinic
Board,
Alabama,
Health
Care
Facility
Revenue
Bonds,
Jackson
Hospital
&
Clinic,
Series
2015
:
3,555
5.000%,
3/01/24
No
Opt.
Call
3,558,418
2,235
5.000%,
3/01/25
No
Opt.
Call
2,207,833
1,725
5.000%,
3/01/26
No
Opt.
Call
1,679,302
8,285
Selma
Industrial
Development
Board,
Alabama,
Gulf
Opportunity
Zone
Revenue
Bonds,
International
Paper
Company
Project,
Refunding
Series
2020A,
1.375%,
5/01/34,
(Mandatory
Put
6/16/25)
No
Opt.
Call
7,881,894
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Alabama
-
2.2%
(continued)
$
12,400
Southeast
Alabama
Gas
Supply
District,
Alabama,
Gas
Supply
Revenue
Bonds,
Project
2,
Fixed
Rate
Series
2018A,
4.000%,
6/01/49,
(Mandatory
Put
6/01/24)
3/24
at
100.29
$
12,319,014
10,000
Southeast
Energy
Authority,
Alabama,
Commodity
Supply
Revenue
Bonds,
Project
2,
Series
2021B-1,
4.000%,
12/01/51,
(Mandatory
Put
12/01/31)
9/31
at
100.62
9,307,203
1,820
Southeast
Energy
Authority,
Alabama,
Commodity
Supply
Revenue
Bonds,
Project
3,
Fixed
Rate
Series
2022A-1,
5.500%,
1/01/53,
(Mandatory
Put
12/01/29)
9/29
at
100.10
1,868,625
10,000
Southeast
Energy
Authority,
Alabama,
Commodity
Supply
Revenue
Bonds,
Project
4,
Series
2022B-1,
5.000%,
5/01/53,
(Mandatory
Put
8/01/28)
5/28
at
100.34
9,992,304
430
The
Improvement
District
of
the
City
of
Mobile
-
McGowin
Park
Project,
Alabama,
Sales
Tax
Revenue
Bonds,
Series
2016A,
5.000%,
8/01/25
No
Opt.
Call
422,987
Tuscaloosa
County
Industrial
Development
Authority,
Alabama,
Gulf
Opportunity
Zone
Bonds,
Hunt
Refining
Project,
Refunding
Series
2019A
:
5,909
4.500%,
5/01/32,
144A
2021
2021
5/29
at
100.00
5,402,913
4,250
5.250%,
5/01/44,
144A
5/29
at
100.00
3,703,747
10,000
West
Jefferson,
Alabama,
Industrial
Development
Board
Pollution
Control
Revenue
Bonds,
Alabama
Power
Company,
Refunding
Series
1998,
3.650%,
6/01/28,
(Mandatory
Put
1/21/09)
1/09
at
100.00
9,645,212
Total
Alabama
162,689,110
Alaska
-
0.0%
1,900
Alaska
Housing
Finance
Corporation,
Mortgage
Revenue
Bonds,
General
Series
2022A-II,
2.350%,
12/01/39
12/30
at
100.00
1,361,790
Total
Alaska
1,361,790
Arizona
-
1.3%
980
Arizona
Board
of
Regents,
Univeristy
of
Arizona,
SPEED
Revenue
Bonds,
Stimulus
Plan
for
Economic
and
Educational
Development,
Series
2020C.
Forward
Delivery,
5.000%,
8/01/26
No
Opt.
Call
1,013,275
Arizona
State,
Certificates
of
Participation,
Refunding
Series
2019A
:
5,630
(c)
5.000%,
10/01/26,
(ETM)
No
Opt.
Call
5,822,141
16,880
(c)
5.000%,
10/01/27,
(ETM)
No
Opt.
Call
17,713,127
1,330
Chandler
Industrial
Development
Authority,
Arizona,
Industrial
Development
Revenue
Bonds,
Intel
Corporation
Project,
Series
2007,
4.100%,
12/01/37,
(AMT),
(Mandatory
Put
6/15/28)
2/28
at
100.00
1,302,081
24,740
Chandler
Industrial
Development
Authority,
Arizona,
Industrial
Development
Revenue
Bonds,
Intel
Corporation
Project,
Series
2022-2,
5.000%,
9/01/52,
(AMT),
(Mandatory
Put
9/01/27)
3/27
at
100.00
25,023,904
775
Glendale
Industrial
Development
Authority,
Arizona,
Revenue
Bonds,
Midwestern
University,
Refunding
Series
2020,
4.000%,
5/15/26
No
Opt.
Call
776,028
890
Maricopa
County
Industrial
Development
Authority,
Arizona,
Education
Revenue
Bonds,
Legacy
Traditional
Schools
Projects,
Series
2021A,
4.000%,
7/01/41,
144A
7/31
at
100.00
711,338
1,950
Maricopa
County
Industrial
Development
Authority,
Arizona,
Education
Revenue
Bonds,
Legacy
Traditional
Schools
Projects,
Taxable
Series
2019B,
5.000%,
7/01/39,
144A
7/29
at
100.00
1,814,954
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Arizona
-
1.3%
(continued)
$
450
Maricopa
County
Industrial
Development
Authority,
Arizona,
Hospital
Revenue
Bonds,
HonorHealth,
Series
2021A,
5.000%,
9/01/27
No
Opt.
Call
$
463,982
5,000
Maricopa
County
Industrial
Development
Authority,
Arizona,
Revenue
Bonds,
Banner
Health,
Series
2017C,
5.000%,
1/01/48,
(Mandatory
Put
10/18/24)
No
Opt.
Call
5,033,455
3,030
(d)
Maricopa
County
Industrial
Development
Authority,
Arizona,
Revenue
Bonds,
Banner
Health,
Variable
Rate
Series
2019C,
4.550%,
1/01/35,
(Mandatory
Put
10/18/24)
(SIFMA
reference
rate
+
0.570%
spread)
10/23
at
100.00
3,022,937
2,520
Maricopa
County
Pollution
Control
Corporation,
Arizona,
Pollution
Control
Revenue
Bonds,
El
Paso
Electric
Company,
Refunding
Series
2009A,
3.600%,
2/01/40
6/29
at
100.00
2,031,216
Northern
Arizona
University,
Revenue
Bonds,
SPEED
-
Stimulus
Plan
Economic
Educational
Development
Fund,
Refunding
Series
2020B
:
3,615
5.000%,
8/01/26
-
AGM
Insured
No
Opt.
Call
3,719,139
4,220
5.000%,
8/01/27
-
AGM
Insured
No
Opt.
Call
4,389,333
3,975
5.000%,
8/01/28
-
AGM
Insured
No
Opt.
Call
4,186,370
Paradise
Valley
Unified
School
District
No.
69,
Maricopa
County,
Arizona,
General
Obligation
Bonds,
School
Improvement
Project
of
2019,
Series
2022D
:
625
5.000%,
7/01/36
7/32
at
100.00
670,955
675
5.000%,
7/01/37
7/32
at
100.00
715,526
Salt
River
Project
Agricultural
Improvement
and
Power
District,
Arizona,
Electric
System
Revenue
Bonds,
Refunding
Series
2015A
:
5,000
4.000%,
12/01/33
6/25
at
100.00
4,958,242
5,000
5.000%,
12/01/36
6/25
at
100.00
5,067,957
Salt
Verde
Financial
Corporation,
Arizona,
Senior
Gas
Revenue
Bonds,
Citigroup
Energy
Inc
Prepay
Contract
Obligations,
Series
2007
:
1,235
5.000%,
12/01/32
No
Opt.
Call
1,245,655
1,120
5.000%,
12/01/37
No
Opt.
Call
1,101,045
1,960
Tempe
Industrial
Development
Authority,
Arizona,
Revenue
Bonds,
Friendship
Village
of
Tempe
Project,
Refunding
Series
2021C-1.
TEMPS
-85,
1.500%,
12/01/27
10/23
at
100.00
1,770,332
Total
Arizona
92,552,992
Arkansas
-
0.8%
3,140
Arkansas
Development
Finance
Authority,
Arkansas,
Environmental
Improvement
Revenue
Bonds,
United
States
Steel
Corporation,
Green
Series
2022,
5.450%,
9/01/52,
(AMT),
144A
9/25
at
105.00
2,932,574
1,165
Arkansas
Development
Finance
Authority,
Arkansas,
Environmental
Improvement
Revenue
Bonds,
United
States
Steel
Corporation,
Green
Series
2023,
5.700%,
5/01/53,
(AMT)
5/26
at
105.00
1,118,377
14,355
Arkansas
Development
Finance
Authority,
Industrial
Development
Revenue
Bonds,
Big
River
Steel
Project,
Series
2019,
4.500%,
9/01/49,
(AMT),
144A
9/26
at
103.00
13,027,797
1,785
Arkansas
Development
Finance
Authority,
Industrial
Development
Revenue
Bonds,
Big
River
Steel
Project,
Series
2020A,
4.750%,
9/01/49,
(AMT),
144A
9/27
at
103.00
1,659,310
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Arkansas
-
0.8%
(continued)
$
11,415
Arkansas
Development
Finance
Authority,
Revenue
Bonds,
Baptist
Memorial
Health
Care,
Refunding
Series
2020B-2,
5.000%,
9/01/44,
(Mandatory
Put
9/01/27)
3/27
at
100.00
$
11,751,699
1,000
Arkansas
State
University,
Student
Fee
Revenue
Bonds,
Jonesboro
Campus,
Series
2013,
5.000%,
12/01/33
12/23
at
100.00
1,001,348
Hot
Springs
School
District
6,
Garland
County,
Arkansas,
General
Obligation
Bonds,
Refunding
Series
2021
:
2,305
2.000%,
6/01/29
12/26
at
100.00
1,980,730
2,500
2.000%,
6/01/30
12/26
at
100.00
2,090,384
2,905
2.000%,
6/01/31
12/26
at
100.00
2,368,418
3,000
Little
Rock,
Arkansas,
General
Obligation
Bonds,
Capital
Improvement
Series
2022A,
3.875%,
2/01/43
2/28
at
100.00
2,969,821
Little
Rock,
Arkansas,
Hotel
and
Restaurant
Gross
Receipts
Tax
Bonds,
Series
2014
:
1,610
5.000%,
7/01/26
7/24
at
100.00
1,622,831
1,490
5.000%,
7/01/28
7/24
at
100.00
1,501,328
1,935
5.000%,
7/01/29
7/24
at
100.00
1,949,712
1,005
5.000%,
7/01/30
7/24
at
100.00
1,012,641
4,595
5.000%,
7/01/34
7/24
at
100.00
4,630,272
Pulaski
County
Public
Facilities
Board,
Arkansas,
Healthcare
Revenue
Bonds,
Baptist
Health,
Series
2014
:
2,175
5.000%,
12/01/25
12/24
at
100.00
2,193,668
1,820
5.000%,
12/01/27
12/24
at
100.00
1,837,507
University
of
Arkansas,
Fayetteville,
Various
Facilities
Revenue
Bonds,
Refunding
&
Improvement
Series
2019A
:
1,245
5.000%,
11/01/34
5/29
at
100.00
1,316,643
1,260
5.000%,
11/01/35
5/29
at
100.00
1,326,115
Total
Arkansas
58,291,175
California
-
4.0%
5,000
California
Community
Choice
Financing
Authority,
Clean
Energy
Project
Revenue
Bonds,
Green
Series
2023C,
5.250%,
1/01/54,
(Mandatory
Put
10/01/31)
10/30
at
100.65
4,991,429
California
County
Tobacco
Securitization
Agency,
Tobacco
Settlement
Asset-Backed
Bonds,
Los
Angeles
County
Securitization
Corporation,
Series
2020A
:
2,235
5.000%,
6/01/31
6/30
at
100.00
2,361,723
1,310
5.000%,
6/01/32
6/30
at
100.00
1,383,347
635
5.000%,
6/01/33
6/30
at
100.00
670,141
350
4.000%,
6/01/34
6/30
at
100.00
346,152
2,190
4.000%,
6/01/36
6/30
at
100.00
2,102,463
3,000
4.000%,
6/01/38
6/30
at
100.00
2,786,148
1,580
4.000%,
6/01/40
6/30
at
100.00
1,434,317
6,815
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
Adventist
Health
System/West,
Series
2011A,
3.000%,
3/01/41,
(Mandatory
Put
3/01/24)
10/23
at
100.00
6,772,571
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
4.0%
(continued)
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
Children's
Hospital
Los
Angeles,
Series
2017A
:
$
1,205
5.000%,
8/15/35
8/27
at
100.00
$
1,221,510
1,345
5.000%,
8/15/36
8/27
at
100.00
1,357,055
755
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
Providence
Saint
Joseph
Health,
Term
Rate
Series
2019C,
5.000%,
10/01/39,
(Mandatory
Put
10/01/25)
10/25
at
100.00
769,441
14,627
California
Housing
Finance
Agency,
Municipal
Certificate
Revenue
Bonds,
Class
A
Series
2021-2,
3.750%,
3/25/35
2021
1
No
Opt.
Call
13,539,379
2,887
California
Housing
Finance
Agency,
Municipal
Certificate
Revenue
Bonds,
Class
A
Series
2021-3,
3.250%,
8/20/36
2021
1
No
Opt.
Call
2,528,825
8,095
California
Infrastructure
and
Economic
Development
Bank,
Revenue
Bonds,
Brightline
West
Passenger
Rail
Project,
Series
2020A,
3.650%,
1/01/50,
(AMT),
(Mandatory
Put
1/31/24)
10/23
at
100.00
8,045,808
6,155
California
Infrastructure
and
Economic
Development
Bank,
Revenue
Bonds,
J
Paul
Getty
Trust,
Refunding
Series
2020B-2,
3.000%,
10/01/47,
(Mandatory
Put
10/01/26)
4/26
at
101.17
5,983,909
California
Municipal
Finance
Authority,
Revenue
Bonds,
Linxs
APM
Project,
Senior
Lien
Series
2018A
:
5,950
3.250%,
12/31/32
-
AGM
Insured,
(AMT)
6/28
at
100.00
5,179,676
4,000
5.000%,
12/31/33,
(AMT)
6/28
at
100.00
4,080,561
5,000
5.000%,
12/31/34,
(AMT)
6/28
at
100.00
5,090,599
California
Pollution
Control
Financing
Authority
Water
Furnishing
Revenue
Bonds
(Poseidon
Resources
(Channelside)
LP
Desalination
Project),
Series
2023
(AMT)
:
2,590
5.000%,
7/01/34,
(AMT),
144A
7/33
at
100.00
2,684,867
2,500
5.000%,
7/01/35,
(AMT),
144A
7/33
at
100.00
2,571,710
2,500
5.000%,
7/01/36,
(AMT),
144A
7/33
at
100.00
2,555,954
6,055
California
Pollution
Control
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Refunding
Series
2015A-2,
3.625%,
7/01/27,
(AMT)
7/25
at
100.00
5,857,774
24,490
California
Pollution
Control
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Series
2015A-1,
3.375%,
7/01/25,
(AMT)
No
Opt.
Call
23,919,388
12,330
California
Pollution
Control
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management,
Inc.
Project,
Refunding
Series
2015B-
1,
3.000%,
11/01/25,
(AMT)
No
Opt.
Call
11,900,468
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2014A
:
5,425
5.250%,
12/01/29
12/24
at
100.00
5,459,535
7,285
5.250%,
12/01/34
12/24
at
100.00
7,303,060
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2016A
:
1,500
5.000%,
12/01/27,
144A
6/26
at
100.00
1,498,723
2,695
5.000%,
12/01/31,
144A
6/26
at
100.00
2,695,518
4,200
5.000%,
12/01/36,
144A
6/26
at
100.00
4,041,924
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
4.0%
(continued)
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2018A
:
$
885
5.000%,
12/01/28,
144A
6/28
at
100.00
$
877,966
2,530
5.000%,
12/01/33,
144A
6/28
at
100.00
2,463,209
3,790
5.250%,
12/01/38,
144A
6/28
at
100.00
3,639,485
915
(c)
California
Statewide
Communities
Development
Authority,
Revenue
Bonds,
Huntington
Memorial
Hospital,
Refunding
Series
2014B,
5.000%,
7/01/25,
(Pre-refunded
7/01/24)
7/24
at
100.00
924,578
385
California
Statewide
Communities
Development
Authority,
Revenue
Bonds,
Kaiser
Permanente,
Series
2009C-3,
5.000%,
4/01/45,
(Mandatory
Put
11/01/29)
No
Opt.
Call
411,918
6
(e),(f)
California
Statewide
Community
Development
Authority,
Revenue
Bonds,
Daughters
of
Charity
Health
System,
Series
2005G,
5.500%,
7/01/24
1/22
at
100.00
6,321
2,520
California
Statewide
Community
Development
Authority,
Revenue
Bonds,
Kaiser
Permanente
System,
Variable
Rate
Demand
Obligation
Series
2004M,
5.000%,
4/01/38,
(Mandatory
Put
11/01/29)
No
Opt.
Call
2,696,188
6,000
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Escondido
Portfolio,
Social
Senior
Lien
Series
2021A-1,
3.000%,
6/01/48,
144A
6/31
at
100.00
3,787,478
6,605
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Monterrey
Station
Apartments,
Senior
Lien
Series
2021A-
1,
3.000%,
7/01/43,
144A
7/32
at
100.00
4,662,433
4,275
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Pasadena
Portfolio
Social
Bond,
Series
2021A-1,
2.650%,
12/01/46,
144A
12/31
at
100.00
3,003,024
5,145
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Wood
Creek
Apartments,
Senior
Lien
Series
2021A-1,
3.000%,
12/01/49
6/32
at
100.00
3,182,962
El
Dorado
Union
High
School
District,
El
Dorado
County,
California,
General
Obligation
Bonds,
Series
2020
:
1,430
5.000%,
8/01/33
-
AGM
Insured
8/27
at
100.00
1,500,316
2,200
5.000%,
8/01/34
-
AGM
Insured
8/27
at
100.00
2,307,638
8,715
Golden
State
Tobacco
Securitization
Corporation,
California,
Tobacco
Settlement
Asset-Backed
Bonds,
Capital
Appreciation
Series
2021B-2,
0.000%,
6/01/66
12/31
at
27.75
757,111
4,125
Golden
State
Tobacco
Securitization
Corporation,
California,
Tobacco
Settlement
Asset-Backed
Revenue
Bonds,
Series
2022A-1,
5.000%,
6/01/51
12/31
at
100.00
4,191,042
1,300
Grant
Joint
Union
High
School
District,
Sacramento
County,
California,
General
Obligation
Bonds,
Capital
Appreciation
Election
2006
Series
2008,
0.000%,
8/01/26
-
AGM
Insured
No
Opt.
Call
1,158,100
Lake
Elsinore
Public
Financing
Authority,
California,
Local
Agency
Revenue
Bonds,
Canyon
Hills
Improvement
Area
A
&
C,
Series
2014C
:
1,000
5.000%,
9/01/30
9/24
at
100.00
1,006,981
1,015
5.000%,
9/01/32
9/24
at
100.00
1,021,961
465
5.000%,
9/01/34
9/24
at
100.00
468,263
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
4.0%
(continued)
$
930
Lake
Elsinore
Redevelopment
Agency,
California,
Special
Tax
Bonds,
Community
Facilities
District
90-2,
Series
2007A,
4.500%,
10/01/24
-
AGM
Insured
10/23
at
100.00
$
930,140
2,015
Las
Virgenes
Unified
School
District,
Los
Angeles
County,
California,
General
Obligation
Bonds,
2006
Election,
Series
2009B,
0.000%,
8/01/27
No
Opt.
Call
1,729,086
7,415
Los
Angeles
Department
of
Airports,
California,
Revenue
Bonds,
Los
Angeles
International
Airport,
Subordinate
Lien
Series
2022A,
5.000%,
5/15/26,
(AMT)
No
Opt.
Call
7,563,026
5,000
Los
Angeles
Department
of
Water
and
Power,
California,
Power
System
Revenue
Bonds,
Series
2014B,
5.000%,
7/01/43
1/24
at
100.00
4,999,580
Los
Angeles,
California,
Special
Tax
Bonds,
Community
Facilities
District
4,
Playa
Vista
Phase
I,
Series
2014
:
1,060
5.000%,
9/01/24
No
Opt.
Call
1,069,483
1,240
5.000%,
9/01/25
9/24
at
100.00
1,253,334
1,010
5.000%,
9/01/26
9/24
at
100.00
1,022,526
400
Menifee
Union
School
District
Public
Financing
Authority,
California,
Special
Tax
Revenue
Bonds,
Series
2016A,
5.000%,
9/01/29
-
BAM
Insured
9/25
at
100.00
409,862
5,440
Mount
San
Antonio
Community
College
District,
Los
Angeles
County,
California,
General
Obligation
Bonds,
Election
of
2008,
Series
2013A,
5.875%,
8/01/28
2/28
at
100.00
5,984,926
11,490
M-S-R
Energy
Authority,
California,
Gas
Revenue
Bonds,
Citigroup
Prepay
Contracts,
Series
2009A,
6.125%,
11/01/29
No
Opt.
Call
11,986,462
9,140
M-S-R
Energy
Authority,
California,
Gas
Revenue
Bonds,
Citigroup
Prepay
Contracts,
Series
2009C,
6.125%,
11/01/29
No
Opt.
Call
9,535,191
8,040
Palomar
Pomerado
Health,
California,
General
Obligation
Bonds,
Convertible
Capital
Appreciation,
Election
2004
Series
2010A,
6.750%,
8/01/40
8/30
at
100.00
8,912,112
5,355
Poway
Unified
School
District,
San
Diego
County,
California,
General
Obligation
Bonds,
School
Facilities
Improvement
District
2007-1,
Series
2011A,
0.000%,
8/01/34
No
Opt.
Call
3,385,488
2,410
Riverside
County
Redevelopment
Agency
Successor
Agency,
California,
Tax
Allocation
Bonds,
Refunding
Series
2014A,
4.000%,
10/01/37
-
AGM
Insured
10/24
at
100.00
2,263,094
Riverside
County
Redevelopment
Agency,
California,
Tax
Allocation
Bonds,
Jurupa
Valley
Project
Area,
Series
2011B
:
2,115
0.000%,
10/01/34
No
Opt.
Call
1,279,490
2,000
0.000%,
10/01/36
No
Opt.
Call
1,079,899
2,105
San
Diego
Association
of
Governments,
California,
Capital
Grants
Receipts
Revenue
Bonds,
Mid-Coast
Corridor
Transit
Project,
Green
Series
2019B,
1.800%,
11/15/27
11/26
at
100.00
1,876,593
5,000
San
Francisco
Airport
Commission,
California,
Revenue
Bonds,
San
Francisco
International
Airport,
Refunding
Second
Series
2023A,
5.000%,
5/01/27,
(AMT)
No
Opt.
Call
5,139,522
San
Joaquin
Hills
Transportation
Corridor
Agency,
Orange
County,
California,
Toll
Road
Revenue
Bonds,
Refunding
Senior
Lien
Series
2014A
:
5,075
(c)
5.000%,
1/15/29,
(Pre-refunded
1/15/25)
1/25
at
100.00
5,169,520
21,260
(c)
5.000%,
1/15/34,
(Pre-refunded
1/15/25)
1/25
at
100.00
21,655,959
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
4.0%
(continued)
Santa
Ana
Financing
Authority,
California,
Lease
Revenue
Bonds,
Police
Administration
and
Housing
Facility,
Series
1994A
:
$
845
6.250%,
7/01/24
No
Opt.
Call
$
859,211
505
(c)
6.250%,
7/01/24,
(ETM)
No
Opt.
Call
513,642
3,000
Victor
Valley
Union
High
School
District,
San
Bernardino
County,
California,
General
Obligation
Bonds,
20008
Election
Series
2009A,
5.750%,
8/01/31
-
AGC
Insured
8/26
at
100.00
3,191,954
Washington
Township
Health
Care
District,
California,
Revenue
Bonds,
Refunding
Series
2015A
:
1,540
5.000%,
7/01/24
No
Opt.
Call
1,542,501
1,415
5.000%,
7/01/25
No
Opt.
Call
1,419,072
1,450
3.250%,
7/01/27
7/25
at
100.00
1,340,240
1,435
3.500%,
7/01/28
7/25
at
100.00
1,359,639
1,355
3.750%,
7/01/29
7/25
at
100.00
1,285,436
2,500
West
Contra
Costa
Unified
School
District,
Contra
Costa
County,
California,
General
Obligation
Bonds,
Series
2008B,
6.000%,
8/01/25
No
Opt.
Call
2,601,683
Total
California
290,559,620
Colorado
-
2.6%
2,955
Aerotropolis
Regional
Transportation
Authority,
Colorado,
Special
Revenue
Bonds,
Series
2021,
4.250%,
12/01/41
12/26
at
103.00
2,307,630
Arapahoe
County
School
District
6,
Littleton,
Colorado,
General
Obligation
Bonds,
Series
2019A
:
3,015
5.500%,
12/01/32
12/28
at
100.00
3,277,597
1,250
5.500%,
12/01/33
12/28
at
100.00
1,358,387
9,355
Centerra
Metropolitan
District
1,
Loveland,
Colorado,
Special
Revenue
Bonds,
Refunding
&
Improvement
Series
2017,
5.000%,
12/01/29,
144A
10/23
at
103.00
9,038,654
1,115
Centerra
Metropolitan
District
1,
Loveland,
Colorado,
Special
Revenue
Bonds,
Refunding
&
Improvement
Series
2020A,
4.000%,
12/01/29
12/25
at
103.00
1,023,047
10,000
Colorado
Bridge
Enterprise,
Revenue
Bonds,
Central
70
Project,
Senior
Series
2017,
4.000%,
6/30/51,
(AMT)
12/27
at
100.00
7,821,773
980
Colorado
Educational
and
Cultural
Facilities
Authority,
Charter
School
Revenue
Bonds,
Loveland
Classical
Schools
Project,
Series
2016,
3.750%,
7/01/26,
144A
No
Opt.
Call
940,141
Colorado
Educational
and
Cultural
Facilities
Authority,
Revenue
Bonds,
Regis
University
Project,
Refunding
Series
2016
:
1,910
5.000%,
10/01/25
No
Opt.
Call
1,876,247
1,235
5.000%,
10/01/30
10/25
at
100.00
1,169,538
1,715
3.125%,
10/01/31
10/25
at
100.00
1,401,741
5,005
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
AdventHealth
Obligated
Group,
Series
2019A,
5.000%,
11/15/39
11/29
at
100.00
5,164,980
5,040
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
AdventHealth
Obligated
Group,
Series
2023A-1,
5.000%,
11/15/58,
(Mandatory
Put
11/15/28)
11/27
at
101.76
5,298,164
2,500
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-1,
5.000%,
8/01/31
8/29
at
100.00
2,576,788
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Colorado
-
2.6%
(continued)
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-2
:
$
4,010
5.000%,
8/01/25
No
Opt.
Call
$
4,040,686
6,395
5.000%,
8/01/33
8/29
at
100.00
6,596,082
12,305
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-1,
5.000%,
8/01/49,
(Mandatory
Put
8/01/25)
2/25
at
100.00
12,360,186
25,415
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-2,
5.000%,
8/01/49,
(Mandatory
Put
8/01/26)
2/26
at
100.00
25,749,428
2,000
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Covenant
Living
Communities
&
Services,
Series
2020A,
4.000%,
12/01/40
12/27
at
103.00
1,645,611
14,655
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Parkview
Medical
Center,
Series
2016,
3.125%,
9/01/42
9/26
at
100.00
9,809,362
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
SCL
Health
System,
Refunding
Series
2019A
:
3,140
4.000%,
1/01/36
1/30
at
100.00
3,037,166
7,815
4.000%,
1/01/38
1/30
at
100.00
7,344,177
5,300
(c)
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Sisters
of
Charity
of
Leavenworth
Health
Services
Corporation,
Series
2013A,
5.500%,
1/01/35,
(Pre-refunded
1/01/24)
1/24
at
100.00
5,318,638
2,755
Colorado
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Class
I
Series
2021E,
2.125%,
11/01/42
5/30
at
100.00
1,779,678
6,510
Colorado
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Class
I
Series
2021H,
2.000%,
5/01/42
5/30
at
100.00
4,028,124
1,025
Delta
County
Memorial
Hospital
District,
Colorado,
Enterprise
Revenue
Bonds,
Refunding
Series
2010,
5.500%,
9/01/25
10/23
at
100.00
998,475
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Series
2022D
:
1,705
5.750%,
11/15/34,
(AMT)
11/32
at
100.00
1,916,120
830
5.750%,
11/15/35,
(AMT)
11/32
at
100.00
926,093
15,000
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Subordinate
Lien
Series
2018A,
5.000%,
12/01/24,
(AMT)
No
Opt.
Call
15,099,024
10,270
Denver
City
and
County,
Colorado,
Special
Facilities
Airport
Revenue
Bonds,
United
Airlines,
Inc.
Project,
Refunding
Series
2017,
5.000%,
10/01/32,
(AMT)
10/23
at
100.00
9,994,552
Denver
Convention
Center
Hotel
Authority,
Colorado,
Revenue
Bonds,
Convention
Center
Hotel,
Refunding
Senior
Lien
Series
2016
:
1,500
5.000%,
12/01/31
12/26
at
100.00
1,505,575
500
5.000%,
12/01/32
12/26
at
100.00
501,108
645
5.000%,
12/01/33
12/26
at
100.00
645,347
Denver
Urban
Renewal
Authority,
Colorado,
Tax
Increment
Revenue
Bonds,
9th
and
Colorado
Urban
Redevelopement
Area,
Series
2018A
:
1,850
5.250%,
12/01/39,
144A
12/23
at
103.00
1,808,496
360
5.250%,
12/01/39,
144A
12/23
at
103.00
351,924
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Colorado
-
2.6%
(continued)
$
5,900
Falcon
Area
Water
and
Wastewater
Authority
(El
Paso
County,
Colorado),
Tap
Fee
Revenue
Bonds,
Series
2022A,
6.750%,
12/01/34,
144A
9/27
at
103.00
$
5,559,621
1,040
Peak
Metropolitan
District
1,
Colorado
Springs,
El
Paso
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2021A,
4.000%,
12/01/35,
144A
3/26
at
103.00
839,587
3,945
(g)
Peak
Metropolitan
District
3,
Colorado
Springs,
El
Paso
County,
Colorado,
Limited
Tax
General
Obligation
Convertible
Capital
Appreciation
Bonds,
Series
2022A-2,
0.000%,
12/01/42
12/27
at
81.99
2,189,524
380
Prairie
Center
Metropolitan
District
7,
Brighton,
Adams
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2020,
4.125%,
12/15/36
12/25
at
103.00
320,951
750
Rampart
Range
Metropolitan
District
5,
Lone
Tree,
Douglas
County,
Colorado,
Limited
Tax
Supported
and
Special
Revenue
Bonds,
Series
2021,
4.000%,
12/01/36
10/26
at
102.00
602,388
Regional
Transportation
District,
Colorado,
Private
Activity
Bonds,
Denver
Transit
Partners
Eagle
P3
Project,
Series
2020A
:
600
5.000%,
1/15/28
No
Opt.
Call
618,503
550
5.000%,
7/15/28
No
Opt.
Call
569,438
750
5.000%,
1/15/29
No
Opt.
Call
778,223
500
5.000%,
7/15/29
No
Opt.
Call
520,268
555
5.000%,
1/15/30
No
Opt.
Call
578,180
445
5.000%,
7/15/30
No
Opt.
Call
464,825
1,035
5.000%,
1/15/31
No
Opt.
Call
1,081,958
3,400
4.000%,
7/15/40
No
Opt.
Call
3,058,790
Riverwalk
Metropolitan
District
2,
Glendale,
Arapahoe
County,
Colorado,
Special
Revenue
Bonds,
Series
2022A
:
2,100
4.500%,
12/01/32
3/27
at
103.00
1,837,809
9,095
5.000%,
12/01/42
3/27
at
103.00
7,789,730
1,000
Spring
Mesa
Metropolitan
District,
Jefferson
County,
Colorado,
General
Obligation
Bonds,
Refunding
Series
2015,
3.750%,
12/01/44
-
AGC
Insured
12/25
at
100.00
818,171
730
Transport
Metropolitan
District
3,
In
the
City
of
Aurora,
Adams
County,
Colorado,
General
Obligation
Limited
Bonds,
Series
2021A-1,
5.000%,
12/01/41
3/26
at
103.00
594,704
1,025
West
Globeville
Metropolitan
District
1,
Denver,
Colorado,
General
Obligation
Limited
Tax
Bonds,
Series
2022,
6.250%,
12/01/32
12/29
at
103.00
964,300
Total
Colorado
187,897,509
Connecticut
-
1.5%
4,445
Connecticut
Health
and
Educational
Facilities
Authority,
Chefa
Revenue
Bonds,
Yale
University,
Remarketing
Series
2017B-2,
3.200%,
7/01/37,
(Mandatory
Put
7/01/26)
No
Opt.
Call
4,314,916
990
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Hartford
HealthCare
Issue,
Series
2020A,
4.000%,
7/01/36
1/30
at
100.00
918,907
1,965
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Hartford
HealthCare
Issue,
Series
2020B-1,
5.000%,
7/01/53,
(Mandatory
Put
1/01/25)
10/24
at
100.93
1,976,414
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Connecticut
-
1.5%
(continued)
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Nuvance
Health
Series
2019A
:
$
1,785
5.000%,
7/01/33
7/29
at
100.00
$
1,799,670
4,730
4.000%,
7/01/34
7/29
at
100.00
4,367,176
10,000
4.000%,
7/01/35
7/29
at
100.00
9,072,766
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Stamford
Hospital,
Series
2021L-1
:
700
4.000%,
7/01/26
No
Opt.
Call
686,210
925
4.000%,
7/01/27
No
Opt.
Call
904,684
775
4.000%,
7/01/28
No
Opt.
Call
757,566
600
4.000%,
7/01/29
No
Opt.
Call
583,312
14,260
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Yale
University,
Series
2014A,
2.800%,
7/01/48,
(Mandatory
Put
2/10/26)
No
Opt.
Call
13,744,641
10,115
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Yale
University,
Series
2016A-2,
2.000%,
7/01/42,
(Mandatory
Put
7/01/26)
No
Opt.
Call
9,433,724
7,745
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Yale-New
Haven
Health
Issue,
Series
2014D,
1.800%,
7/01/49,
(Mandatory
Put
7/01/24)
1/24
at
100.00
7,566,123
1,170
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2018D-1,
4.000%,
11/15/38
11/27
at
100.00
1,063,115
2,020
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2019B-1,
3.300%,
11/15/39
11/28
at
100.00
1,744,195
1,540
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2019E-1,
2.850%,
11/15/39
11/28
at
100.00
1,159,585
5,570
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2019F-1,
2.750%,
11/15/37
11/28
at
100.00
4,261,027
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2020A-1
:
5,195
2.450%,
5/15/38
5/29
at
100.00
3,889,963
4,660
3.500%,
11/15/45
5/29
at
100.00
4,462,495
5,000
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2020D-1,
2.350%,
11/15/40
5/30
at
100.00
3,300,612
2,850
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2020E-1,
2.350%,
11/15/40
5/30
at
100.00
1,943,653
10,265
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2020E-3,
1.850%,
5/15/38
5/30
at
100.00
6,595,782
11,105
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2021B-1,
2.100%,
11/15/40
11/30
at
100.00
7,164,708
22,870
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Social
Series
2021D-1,
2.300%,
11/15/41
11/30
at
100.00
15,204,083
Connecticut
State,
General
Obligation
Bonds,
Refunding
Series
2023B
:
1,335
5.000%,
8/01/25
No
Opt.
Call
1,361,415
2,000
5.000%,
8/01/26
No
Opt.
Call
2,072,805
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Connecticut
-
1.5%
(continued)
$
1,790
Connecticut
State,
Special
Tax
Obligation
Bonds,
Transportation
Infrastructure
Purposes,
Refunding
Series
20168C,
5.000%,
10/01/23
No
Opt.
Call
$
1,790,000
Total
Connecticut
112,139,547
Delaware
-
0.2%
18,440
Delaware
Economic
Development
Authority,
Exempt
Facility
Revenue
Bonds,
NRG
Energy
Project,
Refunding
Series
2020A,
1.250%,
10/01/45,
(Mandatory
Put
10/01/25)
10/25
at
100.00
16,767,230
1,000
Delaware
Health
Facilities
Authority,
Revenue
Bonds,
Bayhealth
Medical
Center
Project,
Series
2017A,
4.000%,
7/01/35
7/27
at
100.00
959,079
Total
Delaware
17,726,309
District
of
Columbia
-
1.7%
3,880
District
of
Columbia
Student
Dormitory
Revenue
Bonds,
Provident
Group
-
Howard
Properties
LLC
Issue,
Series
2013,
5.000%,
10/01/30
10/23
at
100.00
3,770,786
159,565
District
of
Columbia
Tobacco
Settlement
Corporation,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2006A,
0.000%,
6/15/46
10/23
at
24.85
34,061,782
Metropolitan
Washington
Airports
Authority,
District
of
Columbia,
Dulles
Toll
Road
Revenue
Bonds,
Dulles
Metrorail
&
Capital
Improvement
Projects,
Refunding
First
Senior
Lien
Series
2019A
:
1,250
5.000%,
10/01/33
10/28
at
100.00
1,293,270
2,750
5.000%,
10/01/34
10/28
at
100.00
2,843,736
1,625
5.000%,
10/01/36
10/28
at
100.00
1,667,580
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2014A
:
6,500
5.000%,
10/01/28,
(AMT)
10/24
at
100.00
6,495,921
5,000
5.000%,
10/01/29,
(AMT)
10/24
at
100.00
4,998,981
2,595
5.000%,
10/01/31,
(AMT)
10/24
at
100.00
2,593,432
1,910
5.000%,
10/01/32,
(AMT)
10/24
at
100.00
1,908,532
15,000
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2015A,
5.000%,
10/01/34,
(AMT)
10/24
at
100.00
14,905,421
4,915
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2015B,
5.000%,
10/01/35,
(AMT)
10/25
at
100.00
4,932,576
5,575
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2018A,
5.000%,
10/01/26,
(AMT)
No
Opt.
Call
5,684,533
8,300
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2021A,
5.000%,
10/01/27,
(AMT)
No
Opt.
Call
8,544,741
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2023A
:
2,460
5.000%,
10/01/33,
(AMT)
10/32
at
100.00
2,592,231
10,100
5.000%,
10/01/34,
(AMT)
10/32
at
100.00
10,618,521
2,440
5.000%,
10/01/35,
(AMT)
10/32
at
100.00
2,553,377
Washington
Metropolitan
Area
Transit
Authority,
District
of
Columbia,
Dedicated
Revenue
Bonds,
Green
Series
2021A
:
2,820
5.000%,
7/15/27
No
Opt.
Call
2,953,641
6,910
4.000%,
7/15/34
7/31
at
100.00
6,989,702
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
District
of
Columbia
-
1.7%
(continued)
$
1,260
Washington
Metropolitan
Area
Transit
Authority,
District
of
Columbia,
Gross
Revenue
Bonds,
Series
2018,
5.000%,
7/01/25
No
Opt.
Call
$
1,285,397
Total
District
of
Columbia
120,694,160
Florida
-
5.3%
11,195
Broward
County
School
Board,
Florida,
Certificates
of
Participation,
Series
2022A,
5.000%,
7/01/26
No
Opt.
Call
11,579,452
Broward
County,
Florida,
Airport
System
Revenue
Bonds,
Series
2015A
:
10,000
5.000%,
10/01/34,
(AMT)
10/25
at
100.00
10,029,006
15,135
5.000%,
10/01/35,
(AMT)
10/25
at
100.00
15,152,100
3,225
Broward
County,
Florida,
Port
Facilities
Revenue
Bonds,
Series
2019B,
2.250%,
9/01/29,
(AMT)
No
Opt.
Call
2,915,646
Cape
Coral,
Florida,
Utility
Improvement
Assessment
Bonds,
Refunding
Various
Areas
Series
2017
:
1,410
2.500%,
9/01/24
-
AGM
Insured
No
Opt.
Call
1,382,127
1,230
2.750%,
9/01/25
-
AGM
Insured
No
Opt.
Call
1,192,569
880
2.750%,
9/01/26
-
AGM
Insured
No
Opt.
Call
843,776
545
3.000%,
9/01/27
-
AGM
Insured
No
Opt.
Call
519,765
Cape
Coral,
Florida,
Water
and
Sewer
Revenue
Bonds,
Refunding
Series
2015
:
9,685
5.000%,
10/01/32
10/25
at
100.00
9,794,271
7,325
5.000%,
10/01/33
10/25
at
100.00
7,407,644
4,195
Capital
Trust
Agency,
Florida,
Educational
Facilities
Lease
Revenue
Bonds,
Franklin
Academy
Projects,
Series
2020,
5.000%,
12/15/35,
144A
7/26
at
100.00
3,883,248
14,645
Citizens
Property
Insurance
Corporation,
Florida,
Coastal
Account
Senior
Secured
Bonds,
Series
2015A-1,
5.000%,
6/01/25
12/24
at
100.00
14,759,429
Collier
County
Educational
Facilities
Authority,
Florida,
Revenue
Bonds,
Hodges
University,
Refunding
Series
2013
:
485
(c)
4.750%,
11/01/23,
(ETM)
No
Opt.
Call
485,216
1,860
(c)
6.000%,
11/01/33,
(Pre-refunded
11/01/23)
11/23
at
100.00
1,862,643
320
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Classical
Preparatory
Incorporated
Project,
Series
2017A,
5.000%,
6/15/27,
144A
6/26
at
100.00
314,788
1,155
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Mater
Academy
Projects,
Series
2020A,
5.000%,
6/15/35
6/27
at
100.00
1,157,155
30,000
Florida
Development
Finance
Corporation,
Florida,
Surface
Transportation
Facility
Revenue
Bonds,
Brightline
Passenger
Rail
Project,
Green
Series
2019B,
7.375%,
1/01/49,
(AMT),
144A
1/24
at
107.00
29,850,174
Florida
Development
Finance
Corporation,
Florida,
Surface
Transportation
Facility
Revenue
Bonds,
Virgin
Trains
USA
Passenger
Rail
Project,
Series
2019A
:
24,240
6.250%,
1/01/49,
(AMT),
(Mandatory
Put
1/01/24),
144A
10/23
at
101.00
24,162,064
44,460
6.375%,
1/01/49,
(AMT),
(Mandatory
Put
1/01/26),
144A
10/23
at
102.00
42,378,289
30,650
6.500%,
1/01/49,
(AMT),
(Mandatory
Put
1/01/29),
144A
10/23
at
102.00
29,135,970
14,850
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Florida
Passenger
Rail
Expansion
Project,
Series
2023A,
7.500%,
7/01/57,
(AMT),
(Mandatory
Put
8/15/24)
10/23
at
101.00
14,577,973
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
-
5.3%
(continued)
$
25,965
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Passenger
Rail
Expansion
Project,
Series
2022A,
7.250%,
7/01/57,
(AMT),
(Mandatory
Put
10/03/23),
144A
10/23
at
100.00
$
27,003,600
24,000
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Passenger
Rail
Expansion
Project,
Series
2023C,
8.000%,
7/01/57,
(AMT),
(Mandatory
Put
4/01/24),
144A
11/23
at
100.00
23,760,377
Florida
Higher
Educational
Facilities
Financing
Authority,
Revenue
Bonds,
Nova
Southeastern
University
Project,
Refunding
Series
2016
:
1,305
5.000%,
4/01/32
4/26
at
100.00
1,322,532
1,885
5.000%,
4/01/33
4/26
at
100.00
1,910,893
6,015
5.000%,
4/01/34
4/26
at
100.00
6,105,802
4,290
5.000%,
4/01/35
4/26
at
100.00
4,348,902
715
Florida
Housing
Finance
Corporation,
Homeowner
Mortgage
Revenue
Bonds,
Series
2017-1,
3.600%,
7/01/37
1/27
at
100.00
660,758
1,915
Florida
Housing
Finance
Corporation,
Homeowner
Mortgage
Revenue
Bonds,
Series
2018-2,
4.050%,
7/01/38
1/28
at
100.00
1,885,259
4,470
Florida
Housing
Finance
Corporation,
Homeowner
Mortgage
Revenue
Bonds,
Series
2019-1,
3.000%,
7/01/39
7/28
at
100.00
3,952,467
7,890
Florida
Housing
Finance
Corporation,
Homeowner
Mortgage
Revenue
Bonds,
Social
Series
2021-2,
2.050%,
7/01/41
7/30
at
100.00
4,914,952
1,490
Florida
Municipal
Power
Agency,
Power
Supply
Revenue
Bonds,
All
Requirements
Project,
Refunding
Series
2016A,
5.000%,
10/01/30
10/26
at
100.00
1,525,153
9,715
Florida
State
Board
of
Education,
Public
Education
Capital
Outlay
Bonds,
Refunding
Series
2015C,
4.000%,
6/01/32
6/24
at
100.00
9,367,072
10,180
Florida
State
Board
of
Education,
Public
Education
Capital
Outlay
Bonds,
Refunding
Series
2015E,
4.000%,
6/01/34
6/25
at
100.00
9,930,616
5,355
Hillsborough
County
Aviation
Authority,
Florida,
Revenue
Bonds,
Tampa
International
Airport,
Senior
Lien
Series
2015A,
5.000%,
10/01/28,
(AMT)
10/24
at
100.00
5,351,640
5,105
JEA,
Florida,
Electric
System
Revenue
Bonds,
Subordinated
Series
Three
2020A,
5.000%,
10/01/27
No
Opt.
Call
5,370,531
6,020
Miami-Dade
County
Educational
Facilities
Authority,
Florida,
Revenue
Bonds,
University
of
Miami,
Series
2015A,
5.000%,
4/01/35
4/25
at
100.00
6,050,706
5,060
Miami-Dade
County
Educational
Facilities
Authority,
Florida,
Revenue
Bonds,
University
of
Miami,
Series
2018A,
5.000%,
4/01/53
4/28
at
100.00
5,004,740
Miami-Dade
County
Expressway
Authority,
Florida,
Toll
System
Revenue
Bonds,
Refunding
Series
2014B
:
2,830
5.000%,
7/01/24
No
Opt.
Call
2,846,546
2,175
5.000%,
7/01/27
7/24
at
100.00
2,186,605
11,000
Miami-Dade
County,
Florida,
Aviation
Revenue
Bonds,
Refunding
Series
2014A,
5.000%,
10/01/35,
(AMT)
10/24
at
100.00
10,990,485
7,645
Orange
County
Health
Facilities
Authority
Revenue
Bonds,
Florida,
Presbyterian
Retirement
Communities
Obligated
Group
Project,
Series
2023A,
4.000%,
8/01/36
8/30
at
103.00
6,763,063
Orlando,
Florida,
Tourist
Development
Tax
Revenue
Bonds,
6th
Cent
Contract
Payments,
Refunding
Senior
Series
2017A
:
4,000
5.000%,
11/01/32
-
AGM
Insured
11/27
at
100.00
4,124,426
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
-
5.3%
(continued)
$
2,015
5.000%,
11/01/34
-
AGM
Insured
11/27
at
100.00
$
2,067,680
1,000
Osceola
County,
Florida,
Transportation
Revenue
Bonds,
Osceola
Parkway,
Refunding
&
Improvement
Series
2019A-1,
5.000%,
10/01/49
10/29
at
100.00
945,285
2,525
(c)
Palm
Beach
County
Health
Facilities
Authority,
Florida,
Hospital
Revenue
Bonds,
BRCH
Corporation
Obligated
Group,
Refunding
Series
2014,
5.000%,
12/01/31,
(Pre-refunded
12/01/24)
12/24
at
100.00
2,555,951
4,200
Pompano
Beach,
Florida,
Revenue
Bonds,
John
Knox
Village
of
Florida
Incorporated
Project,
Series
2021B-1,
2.000%,
1/01/29
No
Opt.
Call
3,555,155
585
Sawyers
Landing
Community
Development
District,
Florida,
Special
Assessment
Revenue
Bonds,
Series
2021,
4.125%,
5/01/41,
144A
5/31
at
100.00
471,893
Seminole
County
Industrial
Development
Authority,
Florida,
Educational
Facilities
Revenue
Bonds,
Galileo
Schools
for
Gifted
Learning,
Series
2021A
:
315
4.000%,
6/15/36,
144A
6/31
at
100.00
267,224
425
4.000%,
6/15/41,
144A
6/31
at
100.00
328,397
4,840
South
Florida
Water
Management
District,
Certificates
of
Participation,
Series
2015,
5.000%,
10/01/33
4/26
at
100.00
4,953,984
1,700
Tampa,
Florida,
Capital
Improvement
Cigarette
Tax
Allocation
Bonds,
H.
Lee
Moffitt
Cancer
Center
Project,
Series
2020A,
0.000%,
9/01/34
9/30
at
86.77
980,007
Total
Florida
384,886,006
Georgia
-
2.5%
Atlanta,
Georgia,
Airport
Passenger
Facilities
Charge
and
General
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2014A
:
11,070
5.000%,
1/01/27
1/24
at
100.00
11,068,216
4,350
5.000%,
1/01/29
1/24
at
100.00
4,348,335
7,075
5.000%,
1/01/30
1/24
at
100.00
7,072,696
Atlanta,
Georgia,
Airport
Passenger
Facilities
Charge
and
General
Revenue
Bonds,
Subordinate
Lien
Green
Series
2023E
:
6,000
5.000%,
7/01/33,
(AMT)
No
Opt.
Call
6,344,339
7,000
5.000%,
7/01/34,
(AMT)
7/33
at
100.00
7,387,792
7,000
5.000%,
7/01/35,
(AMT)
7/33
at
100.00
7,360,118
1,625
Burke
County
Development
Authority,
Georgia,
Pollution
Control
Revenue
Bonds,
Oglethorpe
Power
Corporation
Vogtle
Project,
Series
2013A,
1.500%,
1/01/40,
(Mandatory
Put
2/03/25)
No
Opt.
Call
1,538,077
3,670
Fulton
County
Residential
Care
Facilities
Elderly
Authority,
Georgia,
Revenue
Bonds,
Canterbury
Court
Project
Entrance
Fee
,
Series
2021B.
TEMPS-80,
2.250%,
10/01/28,
144A
10/23
at
100.00
3,089,232
Georgia
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Series
2018A
:
1,315
3.600%,
12/01/33
6/27
at
100.00
1,243,363
1,235
3.850%,
12/01/38
6/27
at
100.00
1,169,228
Georgia
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Series
2019A
:
2,940
3.050%,
12/01/34
6/28
at
100.00
2,576,211
4,000
3.350%,
12/01/39
6/28
at
100.00
3,343,515
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Georgia
-
2.5%
(continued)
$
8,285
Georgia
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Series
2019B,
2.950%,
12/01/39
12/28
at
100.00
$
6,480,343
4,250
Georgia
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Series
2021A,
2.400%,
12/01/41
12/30
at
100.00
2,920,200
960
Georgia
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Series
2023A,
4.150%,
12/01/38
6/32
at
100.00
870,127
5,765
Georgia
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Sub
Series
2015A-1,
3.700%,
12/01/35
12/24
at
100.00
5,528,281
Georgia
State,
General
Obligation
Bonds,
Series
2015A
:
5,000
4.000%,
2/01/32
2/25
at
100.00
4,968,387
5,000
4.000%,
2/01/33
2/25
at
100.00
4,964,523
17,500
Gwinnett
County
School
District,
Georgia,
General
Obligation
Bonds,
Sales
Tax
Series
2022B,
5.000%,
8/01/25
No
Opt.
Call
17,899,091
26,605
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2019B,
4.000%,
8/01/49,
(Mandatory
Put
12/02/24)
9/24
at
100.43
26,437,165
3,665
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2021A,
4.000%,
7/01/52,
(Mandatory
Put
9/01/27)
6/27
at
100.65
3,569,479
10,650
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2022A,
4.000%,
9/01/52,
(Mandatory
Put
12/01/29)
9/29
at
100.28
10,059,891
18,400
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2022C,
4.000%,
8/01/52,
(Mandatory
Put
11/01/27),
144A
5/27
at
100.81
17,353,984
6,500
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023A,
5.000%,
6/01/53,
(Mandatory
Put
6/01/30)
3/30
at
100.20
6,450,029
9,800
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023B,
5.000%,
7/01/53,
(Mandatory
Put
3/01/30)
12/29
at
100.31
9,901,259
5,660
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023D,
5.000%,
12/01/54,
(Mandatory
Put
12/01/30)
9/30
at
100.08
5,610,461
4,000
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023E-1,
5.000%,
12/01/53,
(Mandatory
Put
6/01/31)
3/31
at
100.08
4,047,964
Total
Georgia
183,602,306
Hawaii
-
0.8%
13,280
Hawaii
Department
of
Budget
and
Finance,
Special
Purpose
Revenue
Bonds,
Hawaiian
Electric
Company,
Inc.
and
Subsidiary
Projects,
Refunding
Series
2019,
3.200%,
7/01/39
7/29
at
100.00
8,510,979
10,195
Hawaii
Department
of
Budget
and
Finance,
Special
Purpose
Revenue
Bonds,
Hawaiian
Electric
Company,
Inc.
and
Subsidiary
Projects,
Series
2017A,
3.100%,
5/01/26,
(AMT)
No
Opt.
Call
7,631,191
Hawaii
Department
of
Budget
and
Finance,
Special
Purpose
Revenue
Bonds,
Queens
Health
Systems,
Series
2015A
:
5,515
5.000%,
7/01/26
7/25
at
100.00
5,607,044
4,510
5.000%,
7/01/27
7/25
at
100.00
4,589,465
7,725
5.000%,
7/01/28
7/25
at
100.00
7,857,584
9,180
5.000%,
7/01/29
7/25
at
100.00
9,336,639
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Hawaii
-
0.8%
(continued)
$
15,275
HAWAIIAN
ELECTRIC
COMPANY
INC.
and
Its
Subsidiaries,
Special
Purpose
Revenue
Bonds,
Deparment
of
Budget
and
Finance
of
the
State
of
Hawaii,
Series
2015,
3.250%,
1/01/25,
(AMT)
No
Opt.
Call
$
11,657,768
Total
Hawaii
55,190,670
Idaho
-
0.4%
560
Boise
City,
Idaho,
Airport
Revenue
Bonds,
Aircraft
Maintenance
Facilities
Project,
Subordinate
Series
2015,
3.750%,
9/01/32,
(AMT)
9/25
at
100.00
517,771
1,455
Boise
City,
Idaho,
Airport
Revenue
Bonds,
Employee
Parking
Facilities
Project,
Series
2021B,
4.000%,
9/01/46,
(AMT)
9/31
at
100.00
1,235,096
2,540
Boise
City,
Idaho,
Airport
Revenue
Bonds,
Public
Parking
Facilities
Project,
Refunding
Series
2021A,
5.000%,
9/01/46
9/31
at
100.00
2,563,231
1,100
Idaho
Health
Facilities
Authority,
Revenue
Bonds,
Saint
Luke's
Health
System
Project,
Series
2014A,
4.125%,
3/01/37
3/24
at
100.00
994,947
1,000
Idaho
Housing
and
Finance
Association,
Nonprofit
Facilities
Revenue
Bonds,
Victory
Charter
School,
Inc.
Project,
Refunding
Series
2016A,
5.000%,
7/01/39,
144A
7/26
at
100.00
965,140
950
Idaho
Housing
and
Finance
Association,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019C,
2.900%,
7/01/39
1/29
at
100.00
787,717
12,005
Nez
Perce
County,
Idaho,
Pollution
Control
Revenue
Bonds,
Potlatch
Corporation
Project,
Refunding
Series
2016,
2.750%,
10/01/24
No
Opt.
Call
11,791,861
14,190
Spring
Valley
Community
Infrastructure
District
1,
Eagle,
Idaho,
Special
Assessment
Bonds,
Series
2021,
3.750%,
9/01/51,
144A
12/26
at
103.00
10,241,765
Total
Idaho
29,097,528
Illinois
-
9.7%
900
Bartlett,
Illinois,
Tax
Increment
Revenue
Bonds,
Barlett
Quarry
Redev
Project,
Senior
Lien
Series
2016,
4.000%,
1/01/24
10/23
at
100.00
897,041
4,700
Berwyn,
Cook
County,
Illinois,
General
Obligation
Bonds,
Series
2014A,
5.000%,
12/01/34
12/24
at
100.00
4,605,253
Cary,
Illinois,
Special
Tax
Bonds,
Special
Service
Area
1,
Refunding
Series
2016
:
439
2.350%,
3/01/24
-
BAM
Insured
No
Opt.
Call
434,007
942
2.700%,
3/01/26
-
BAM
Insured
3/25
at
100.00
900,601
1,028
2.900%,
3/01/28
-
BAM
Insured
3/25
at
100.00
964,003
947
3.050%,
3/01/30
-
BAM
Insured
3/25
at
100.00
877,723
Cary,
Illinois,
Special
Tax
Bonds,
Special
Service
Area
2,
Refunding
Series
2016
:
603
2.350%,
3/01/24
-
BAM
Insured
No
Opt.
Call
596,141
932
2.700%,
3/01/26
-
BAM
Insured
3/25
at
100.00
891,041
1,395
2.900%,
3/01/28
-
BAM
Insured
3/25
at
100.00
1,308,155
1,423
3.050%,
3/01/30
-
BAM
Insured
3/25
at
100.00
1,318,902
29,585
Chicago
Board
of
Education,
Illinois,
Dedicated
Capital
Improvement
Tax
Revenue
Bonds,
Series
2016,
6.000%,
4/01/46
4/27
at
100.00
30,441,051
Chicago
Board
of
Education,
Illinois,
Dedicated
Capital
Improvement
Tax
Revenue
Bonds,
Series
2017
:
1,860
5.000%,
4/01/33
4/27
at
100.00
1,890,095
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
9.7%
(continued)
$
1,000
5.000%,
4/01/42
4/27
at
100.00
$
970,426
1,150
Chicago
Board
of
Education,
Illinois,
Dedicated
Capital
Improvement
Tax
Revenue
Bonds,
Series
2018,
5.000%,
4/01/37
4/28
at
100.00
1,156,319
10,900
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2017B,
7.000%,
12/01/42,
144A
12/27
at
100.00
11,507,935
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2017C
:
3,125
5.000%,
12/01/27
No
Opt.
Call
3,167,909
12,385
5.000%,
12/01/30
12/27
at
100.00
12,459,397
2,600
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2017D,
5.000%,
12/01/31
12/27
at
100.00
2,615,368
2,700
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2017G,
5.000%,
12/01/34
12/27
at
100.00
2,707,062
8,925
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2017H,
5.000%,
12/01/36
12/27
at
100.00
8,708,843
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2018A
:
1,000
5.000%,
12/01/33
12/28
at
100.00
1,004,869
1,500
5.000%,
12/01/35
12/28
at
100.00
1,492,244
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2018C
:
2,885
5.000%,
12/01/23
No
Opt.
Call
2,889,388
2,300
5.000%,
12/01/24
No
Opt.
Call
2,313,247
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2019A
:
1,860
0.000%,
12/01/25
No
Opt.
Call
1,675,086
2,545
0.000%,
12/01/26
No
Opt.
Call
2,182,325
3,930
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2019B,
5.000%,
12/01/33
12/29
at
100.00
3,958,176
19,585
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Series
2017A,
7.000%,
12/01/46,
144A
12/27
at
100.00
20,580,077
5,950
Chicago
Transit
Authority,
Illinois,
Sales
Tax
Receipts
Revenue
Bonds,
Second
Lien
Series
2020A,
5.000%,
12/01/45
12/29
at
100.00
5,977,150
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Refunding
Senior
Lien
Series
2015A
:
5,720
5.000%,
1/01/33
1/25
at
100.00
5,724,927
4,225
5.000%,
1/01/34
1/25
at
100.00
4,220,758
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Senior
Lien
Series
2018B
:
2,500
5.000%,
1/01/36
1/29
at
100.00
2,605,697
3,000
5.000%,
1/01/37
1/29
at
100.00
3,102,599
4,000
5.000%,
1/01/38
1/29
at
100.00
4,093,651
1,000
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Senior
Lien
Series
2022A,
4.500%,
1/01/48
1/31
at
100.00
911,431
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
9.7%
(continued)
$
3,320
Chicago,
Illinois,
General
Obligation
Bonds,
Chicago
Works
Series
2023A,
5.250%,
1/01/38
1/32
at
100.00
$
3,366,499
17,865
Chicago,
Illinois,
General
Obligation
Bonds,
Project
&
Refunding
Series
2017A,
6.000%,
1/01/38
1/27
at
100.00
18,556,693
Chicago,
Illinois,
General
Obligation
Bonds,
Refunding
Series
2016C
:
7,600
5.000%,
1/01/24
No
Opt.
Call
7,610,965
4,470
5.000%,
1/01/25
No
Opt.
Call
4,505,846
2,045
5.000%,
1/01/26
No
Opt.
Call
2,080,001
Chicago,
Illinois,
Midway
Airport
Revenue
Bonds,
Refunding
Second
Lien
Series
2014A
:
3,330
5.000%,
1/01/27
1/24
at
100.00
3,323,555
9,985
5.000%,
1/01/28
1/24
at
100.00
9,962,958
1,525
Cook
County
Community
College
District
508,
Illinois,
General
Obligation
Bonds,
Chicago
City
Colleges,
Series
2013,
5.000%,
12/01/24
12/23
at
100.00
1,526,266
3,440
Cook
County,
Illinois,
Sales
Tax
Revenue
Bonds,
Series
2021A,
4.000%,
11/15/41
11/30
at
100.00
3,095,723
4,010
DuPage
County
School
District
58
Downers
Grove,
Illinois,
General
Obligation
Bonds, School
Series
2022,
5.250%,
12/15/39
12/32
at
100.00
4,248,954
Effingham
and
Clay
Counties
Community
Unit
School
District
Number
40,
Effingham, Illinois,
General
Obligation
Bonds,
School
Series
2019A
:
1,000
4.000%,
12/01/30
-
BAM
Insured
12/27
at
100.00
1,006,726
1,000
4.000%,
12/01/34
-
BAM
Insured
12/27
at
100.00
988,171
1,395
4.000%,
12/01/35
-
BAM
Insured
12/27
at
100.00
1,339,669
1,455
4.000%,
12/01/36
-
BAM
Insured
12/27
at
100.00
1,367,176
500
Huntley,
Illinois,
Special
Tax
Bonds,
Special
Service
Area
10,
Refunding
Series
2017,
2.800%,
3/01/25
-
BAM
Insured
No
Opt.
Call
486,856
Huntley,
Illinois,
Special
Tax
Bonds,
Special
Service
Area
9,
Refunding
Series
2017
:
922
2.600%,
3/01/24
-
BAM
Insured
No
Opt.
Call
912,700
1,020
3.000%,
3/01/26
-
BAM
Insured
No
Opt.
Call
988,696
1,050
3.150%,
3/01/27
-
BAM
Insured
3/26
at
100.00
1,019,783
6,815
Illinois
Finance
Authority,
Revenue
Bonds,
Advocate
Health
Care
Network,
Refunding
Series
2008A-2,
4.000%,
11/01/30
No
Opt.
Call
6,536,195
7,480
Illinois
Finance
Authority,
Revenue
Bonds,
Advocate
Health
Care
Network,
Refunding
Series
2008A-3,
5.000%,
11/01/30
No
Opt.
Call
7,644,585
8,500
Illinois
Finance
Authority,
Revenue
Bonds,
Advocate
Health
Care
Network,
Series
2008A-1,
4.000%,
11/01/30
No
Opt.
Call
8,152,261
6,400
Illinois
Finance
Authority,
Revenue
Bonds,
Ann
&
Robert
H.
Lurie
Children's
Hospital
of
Chicago,
Refunding
Series
2017,
4.000%,
8/15/39
8/27
at
100.00
5,713,685
2,000
Illinois
Finance
Authority,
Revenue
Bonds,
Art
Institute
of
Chicago,
Series
2016,
5.000%,
3/01/30
3/26
at
100.00
2,041,655
Illinois
Finance
Authority,
Revenue
Bonds,
Ascension
Health/fkaPresence
Health
Network,
Series
2016C
:
2,365
3.625%,
2/15/32
2/27
at
100.00
2,235,057
10,000
3.750%,
2/15/34
2/27
at
100.00
9,462,730
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
9.7%
(continued)
$
30,010
4.000%,
2/15/41
2/27
at
100.00
$
26,495,592
1,505
(c)
4.000%,
2/15/41,
(Pre-refunded
2/15/27)
2/27
at
100.00
1,514,728
70
(c)
4.000%,
2/15/41,
(Pre-refunded
2/15/27)
2/27
at
100.00
70,452
Illinois
Finance
Authority,
Revenue
Bonds,
Centegra
Health
System,
Series
2014A
:
475
(c)
5.000%,
9/01/26,
(Pre-refunded
9/01/24)
9/24
at
100.00
479,292
1,205
(c)
5.000%,
9/01/27,
(Pre-refunded
9/01/24)
9/24
at
100.00
1,215,888
775
(c)
5.000%,
9/01/29,
(Pre-refunded
9/01/24)
9/24
at
100.00
782,003
2,450
(c)
5.000%,
9/01/34,
(Pre-refunded
9/01/24)
9/24
at
100.00
2,472,138
3,015
(c)
4.625%,
9/01/39,
(Pre-refunded
9/01/24)
9/24
at
100.00
3,032,232
7,055
(c)
5.000%,
9/01/42,
(Pre-refunded
9/01/24)
9/24
at
100.00
7,118,748
Illinois
Finance
Authority,
Revenue
Bonds,
Memorial
Health
System,
Series
2019
:
2,505
5.000%,
4/01/31
4/29
at
100.00
2,575,403
1,300
5.000%,
4/01/32
4/29
at
100.00
1,334,822
4,500
5.000%,
4/01/34
4/29
at
100.00
4,616,246
7,610
5.000%,
4/01/36
4/29
at
100.00
7,743,473
5,395
Illinois
Finance
Authority,
Revenue
Bonds,
Mercy
Health
Corporation,
Series
2016,
5.000%,
12/01/24
No
Opt.
Call
5,443,402
Illinois
Finance
Authority,
Revenue
Bonds,
Northwest
Community
Hospital,
Refunding
Series
2016A
:
2,370
(c)
5.000%,
7/01/33,
(Pre-refunded
7/01/26)
7/26
at
100.00
2,452,016
3,170
(c)
5.000%,
7/01/34,
(Pre-refunded
7/01/26)
7/26
at
100.00
3,279,700
5,000
(c)
5.000%,
7/01/35,
(Pre-refunded
7/01/26)
7/26
at
100.00
5,173,029
Illinois
Finance
Authority,
Revenue
Bonds,
OSF
Healthcare
System,
Series
2015A
:
1,000
5.000%,
11/15/27
11/25
at
100.00
1,017,239
1,890
5.000%,
11/15/28
11/25
at
100.00
1,920,254
2,000
5.000%,
11/15/29
11/25
at
100.00
2,027,611
2,950
Illinois
Finance
Authority,
Revenue
Bonds,
Roosevelt
University,
Series
2007,
5.400%,
4/01/27
10/23
at
100.00
2,850,878
Illinois
Finance
Authority,
Revenue
Bonds,
Silver
Cross
Hospital
and
Medical
Centers,
Refunding
Series
2015C
:
2,215
5.000%,
8/15/35
8/25
at
100.00
2,188,515
5,000
5.000%,
8/15/44
8/25
at
100.00
4,716,222
Illinois
FInance
Authority,
Revenue
Bonds,
Southern
Illinois
Healthcare
Enterprises,
Inc.,
Refunding
Series
2017C
:
1,545
5.000%,
3/01/32
3/27
at
100.00
1,554,430
2,750
5.000%,
3/01/33
3/27
at
100.00
2,763,894
1,650
5.000%,
3/01/34
3/27
at
100.00
1,656,024
1,815
4.000%,
3/01/35
3/27
at
100.00
1,677,225
3,125
Illinois
Finance
Authority,
Revenue
Bonds,
University
of
Chicago
Medicine,
Series
2022A,
5.000%,
8/15/52,
(Mandatory
Put
8/15/27)
5/27
at
100.00
3,236,934
3,285
Illinois
Finance
Authority,
Revenue
Bonds,
University
of
Chicago
Medicine,
Series
2022B-1,
5.000%,
8/15/52,
(Mandatory
Put
8/15/25)
5/25
at
100.00
3,325,462
4,550
Illinois
Finance
Authority,
Revenue
Bonds,
University
of
Chicago,
Series
2021B,
5.000%,
8/15/53,
(Mandatory
Put
8/15/31)
No
Opt.
Call
4,763,865
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
9.7%
(continued)
$
21,355
Illinois
Housing
Development
Authority,
Revenue
Bonds,
Green
Series
2021B,
2.150%,
10/01/41
4/30
at
100.00
$
13,628,347
560
Illinois
Housing
Development
Authority,
Revenue
Bonds,
Series
2019D,
2.950%,
10/01/39
4/29
at
100.00
537,500
Illinois
State,
General
Obligation
Bonds,
February
Series
2014
:
5,815
5.000%,
2/01/24
No
Opt.
Call
5,827,966
4,985
5.000%,
2/01/25
2/24
at
100.00
4,989,345
4,675
5.000%,
2/01/26
2/24
at
100.00
4,676,786
6,275
5.000%,
2/01/27
2/24
at
100.00
6,277,483
Illinois
State,
General
Obligation
Bonds,
June
Series
2016
:
1,000
5.000%,
6/01/28
6/26
at
100.00
1,020,629
3,020
3.500%,
6/01/29
6/26
at
100.00
2,843,364
2,180
Illinois
State,
General
Obligation
Bonds,
May
Refunding
Series
2023D,
5.000%,
7/01/25
No
Opt.
Call
2,210,001
Illinois
State,
General
Obligation
Bonds,
May
Series
2014
:
1,500
5.000%,
5/01/27
5/24
at
100.00
1,501,390
1,000
5.000%,
5/01/28
5/24
at
100.00
1,000,973
1,800
5.000%,
5/01/32
5/24
at
100.00
1,792,140
12,200
Illinois
State,
General
Obligation
Bonds,
November
Series
2016,
5.000%,
11/01/26
No
Opt.
Call
12,516,584
5,145
Illinois
State,
General
Obligation
Bonds,
November
Series
2017C,
5.000%,
11/01/29
11/27
at
100.00
5,298,081
Illinois
State,
General
Obligation
Bonds,
November
Series
2017D
:
4,270
5.000%,
11/01/25
No
Opt.
Call
4,342,528
3,600
3.250%,
11/01/26
No
Opt.
Call
3,470,622
10,520
5.000%,
11/01/26
No
Opt.
Call
10,792,989
22,450
5.000%,
11/01/27
No
Opt.
Call
23,228,855
510
5.000%,
11/01/28
11/27
at
100.00
526,777
2,000
Illinois
State,
General
Obligation
Bonds,
November
Series
2019B,
5.000%,
11/01/30
11/29
at
100.00
2,092,335
4,000
Illinois
State,
General
Obligation
Bonds,
Refunding
June
Series
2022B,
5.000%,
3/01/26
No
Opt.
Call
4,081,305
1,600
Illinois
State,
General
Obligation
Bonds,
Refunding
September
Series
2018B,
5.000%,
10/01/32
10/28
at
100.00
1,643,425
4,110
Illinois
Toll
Highway
Authority,
Toll
Highway
Revenue
Bonds,
Refunding
Senior
Lien
Series
2014A,
5.000%,
1/01/33
10/23
at
100.00
4,111,897
Illinois
Toll
Highway
Authority,
Toll
Highway
Revenue
Bonds,
Refunding
Senior
Lien
Series
2016A
:
6,880
5.000%,
12/01/31
1/26
at
100.00
6,972,546
6,990
5.000%,
12/01/32
1/26
at
100.00
7,084,026
Illinois
Toll
Highway
Authority,
Toll
Highway
Revenue
Bonds,
Senior
Lien
Series
2014B
:
11,000
5.000%,
1/01/36
1/24
at
100.00
11,009,757
7,260
5.000%,
1/01/37
1/24
at
100.00
7,262,717
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
9.7%
(continued)
$
9,810
Illinois
Toll
Highway
Authority,
Toll
Highway
Revenue
Bonds,
Senior
Lien
Series
2014C,
5.000%,
1/01/36
1/25
at
100.00
$
9,881,678
10,265
Illinois,
General
Obligation
Bonds,
Illinois
FIRST
Program,
Series
2001,
6.000%,
11/01/26
-
FGIC
Insured
No
Opt.
Call
10,432,331
Kane
County
Community
Unit
School
District
304
Geneva,
Illinois,
General
Obligation
Bonds,
Series
2007A
:
3,940
9.000%,
1/01/25
-
AGM
Insured
No
Opt.
Call
4,181,417
1,220
(c)
9.000%,
1/01/25,
(ETM)
No
Opt.
Call
1,294,293
Kendall,
Kane,
and
Will
Counties
Community
Unit
School
District
308
Oswego, Illinois,
General
Obligation
Bonds,
Refunding
School
Series
2016
:
5,020
5.000%,
2/01/34
2/26
at
100.00
5,103,822
3,465
5.000%,
2/01/35
2/26
at
100.00
3,512,880
LaSalle
and
Bureau
Counties
High
School
District
120
LaSalle-Peru,
Illinois,
General
Obligation
Bonds,
School
Building
Series
2017
:
1,140
5.000%,
12/01/24
-
BAM
Insured
No
Opt.
Call
1,151,259
1,485
5.000%,
12/01/30
-
BAM
Insured
12/26
at
100.00
1,535,744
1,165
5.000%,
12/01/31
-
BAM
Insured
12/26
at
100.00
1,204,459
1,645
5.000%,
12/01/32
-
BAM
Insured
12/26
at
100.00
1,699,726
1,725
5.000%,
12/01/33
-
BAM
Insured
12/26
at
100.00
1,776,172
1,815
5.000%,
12/01/34
-
BAM
Insured
12/26
at
100.00
1,864,498
LaSalle
County,
Illinois,
General
Obligation
Bonds,
Self-Insurance
Series
2019
:
1,845
4.000%,
12/01/27
No
Opt.
Call
1,856,805
1,925
4.000%,
12/01/28
12/27
at
100.00
1,937,066
1,560
4.000%,
12/01/29
12/27
at
100.00
1,567,582
Madison
County
Community
Unit
School
District
7
Edwardsville,
Illinois,
General
Obligation
Bonds,
Series
2017A
:
2,430
5.000%,
12/01/28
12/25
at
100.00
2,482,999
2,500
5.000%,
12/01/29
12/25
at
100.00
2,554,526
1,500
Madison,
Macoupin,
Jersey,
Calhoun,
Morgan,
Scott,
and
Greene
Counties
Community
College
District
536,
Illinois,
General
Obligation
Bonds,
Lewis
&
Clark
Community
College,
Refunding
Series
2017A,
5.000%,
11/01/31
-
AGM
Insured
11/26
at
100.00
1,544,434
4,380
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Refunding
Series
2020A,
4.000%,
6/15/50
12/29
at
100.00
3,554,148
1,905
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Series
2012B,
0.000%,
12/15/51
No
Opt.
Call
388,820
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Series
2017B
:
1,810
(g)
0.000%,
12/15/37
No
Opt.
Call
1,213,308
9,045
(g)
0.000%,
12/15/42
6/38
at
100.00
5,806,313
6,000
(g)
0.000%,
12/15/47
6/38
at
100.00
3,765,769
1,000
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Series
2020B,
5.000%,
6/15/42
12/30
at
100.00
992,305
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
9.7%
(continued)
$
28,550
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
Revenue
Bonds,
McCormick
Place
Expansion
Project,
Series
2002A,
0.000%,
12/15/29
-
NPFG
Insured
No
Opt.
Call
$
21,568,412
Montgomery,
Illinois,
Lakewood
Creek
Project
Special
Assessment
Bonds,
Series
2018
:
386
3.100%,
3/01/26
-
BAM
Insured
No
Opt.
Call
374,434
450
3.200%,
3/01/27
-
BAM
Insured
No
Opt.
Call
434,970
313
3.300%,
3/01/28
-
BAM
Insured
3/27
at
100.00
301,834
534
3.450%,
3/01/30
-
BAM
Insured
3/27
at
100.00
510,572
440
Morton
Grove,
Illinois,
Tax
Increment
Revenue
Bonds,
Sawmill
Station
Redevelopment
Project,
Senior
Lien
Series
2019,
4.250%,
1/01/29
1/26
at
100.00
414,247
Northern
Illinois
University,
Auxiliary
Facilities
System
Revenue
Bonds,
Series
2021
:
325
5.000%,
10/01/27
-
BAM
Insured
No
Opt.
Call
333,022
650
5.000%,
10/01/28
-
BAM
Insured
No
Opt.
Call
669,833
2,270
Peroia
Public
Building
Commission,
Illinois,
School
District
Facility
Revenue
Bonds,
Peoria
County
School
District
150
Project,
Series
2011,
0.000%,
12/01/24
No
Opt.
Call
2,140,504
1,491
Plano,
Illinois,
Special
Tax
Bonds,
Special
Service
Area
1
&
2
Lakewood
Springs
Project,
Refunding
Series
2014,
5.000%,
3/01/29
-
AGM
Insured
3/24
at
100.00
1,493,401
Railsplitter
Tobacco
Settlement
Authority,
Illinois,
Tobacco
Settlement
Revenue
Bonds,
Series
2017
:
8,940
(c)
5.000%,
6/01/25,
(ETM)
No
Opt.
Call
9,093,670
3,040
(c)
5.000%,
6/01/27,
(Pre-refunded
6/01/26)
6/26
at
100.00
3,129,794
Round
Lake,
Lake
County,
Illinois,
Special
Tax
Bonds,
Lakewood
Grove
Special
Service
Areas
1,
3
&
4,
Refunding
Series
2017
:
1,283
3.700%,
3/01/29
-
BAM
Insured
3/27
at
100.00
1,267,867
1,073
3.800%,
3/01/30
-
BAM
Insured
3/27
at
100.00
1,048,292
1,897
4.000%,
3/01/33
-
BAM
Insured
3/27
at
100.00
1,890,998
Sales
Tax
Securitization
Corporation,
Illinois,
Sales
Tax
Securitzation
Bonds,
Second
Lien
Series
2020A
:
2,425
5.000%,
1/01/36
1/30
at
100.00
2,514,971
2,435
5.000%,
1/01/37
-
BAM
Insured
1/30
at
100.00
2,520,045
Southwestern
Illinois
Development
Authority,
Health
Facility
Revenue
Bonds,
Memorial
Group,
Inc.,
Series
2013
:
2,565
(c)
7.125%,
11/01/43,
(Pre-refunded
11/01/23)
11/23
at
100.00
2,570,269
2,415
(c)
7.625%,
11/01/48,
(Pre-refunded
11/01/23)
11/23
at
100.00
2,420,880
2,880
Southwestern
Illinois
Development
Authority,
Local
Government
Program
Revenue
Bonds,
Southwestern
Illinois
Flood
District
Council
Project,
Series
2016B,
4.000%,
10/15/40
10/25
at
100.00
2,530,835
Southwestern
Illinois
Development
Authority,
Local
Government
Program
Revenue
Bonds,
Southwestern
Illinois
Flood
District
Council
Project,
Series
2020
:
950
4.000%,
4/15/34
4/30
at
100.00
941,787
1,225
4.000%,
10/15/35
4/30
at
100.00
1,191,218
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
9.7%
(continued)
Springfield,
Illinois,
Electric
Revenue
Bonds,
Refunding
Senior
Lien
Series
2015
:
$
7,805
5.000%,
3/01/33
3/25
at
100.00
$
7,840,320
13,960
5.000%,
3/01/34
-
AGM
Insured
3/25
at
100.00
14,073,300
11,330
5.000%,
3/01/40
-
AGM
Insured
3/25
at
100.00
11,404,993
Will
and
Kendall
Counties
Community
Consolidated
School
District
202
Plainfield,
Illinois,
General
Obligation
Bonds,
Series
2016C
:
3,295
5.000%,
1/01/24
No
Opt.
Call
3,301,344
4,215
5.000%,
1/01/25
No
Opt.
Call
4,259,845
5,675
Will
County
Community
High
School
District
210
Lincoln-Way,
Illinois,
General
Obligation
Bonds,
Capital
Appreciation
Refunding
School
Series
2013B,
0.000%,
1/01/30
No
Opt.
Call
4,234,441
5,000
(c)
Will
County,
Illinois,
General
Obligation
Bonds,
Alternate
Revenue
Source,
Series
2016,
5.000%,
11/15/41,
(Pre-refunded
11/15/25)
11/25
at
100.00
5,117,287
Winnebago-Boone
Counties
School
District
205
Rockford,
Illinois,
General
Obligation
Bonds,
Series
2013
:
4,070
0.000%,
2/01/25
No
Opt.
Call
3,814,780
3,855
0.000%,
2/01/26
No
Opt.
Call
3,453,103
Total
Illinois
707,724,009
Indiana
-
3.0%
6,000
Indiana
Finance
Authority,
Educational
Facilities
Revenue
Bonds,
Earlham
College,
Refunding
Series
2013A,
5.000%,
10/01/32
10/23
at
100.00
6,000,204
3,500
Indiana
Finance
Authority,
Educational
Facilities
Revenue
Bonds,
University
of
Indianapolis
Project,
Series
2017,
5.000%,
10/01/43
4/27
at
100.00
3,265,130
3,070
Indiana
Finance
Authority,
Environmental
Facilities
Revenue
Bonds,
Indianapolis
Power
&
Light
Company
Project,
Refunding
Series
2020A,
0.950%,
12/01/38,
(AMT),
(Mandatory
Put
4/01/26)
No
Opt.
Call
2,704,379
6,750
Indiana
Finance
Authority,
Environmental
Facilities
Revenue
Bonds,
Indianapolis
Power
&
Light
Company
Project,
Refunding
Series
2021B,
1.400%,
8/01/29,
(Mandatory
Put
8/01/26)
8/26
at
100.00
5,543,302
4,000
Indiana
Finance
Authority,
Environmental
Improvement
Revenue
Bonds,
Southern
Indiana
Gas
&
Electric
Company,
Refunding
Series
2013A,
4.000%,
5/01/43,
(AMT),
(Mandatory
Put
8/01/28)
5/28
at
100.00
3,733,442
2,375
Indiana
Finance
Authority,
Environmental
Improvement
Revenue
Bonds,
United
States
Steel
Corporation
Project,
Refunding
Series
2021A,
4.125%,
12/01/26
No
Opt.
Call
2,322,248
6,145
Indiana
Finance
Authority,
Hospital
Revenue
Bonds,
Goshen
Health,
Series
2019B,
2.100%,
11/01/49,
(Mandatory
Put
11/01/26)
5/26
at
100.00
5,668,194
14,000
Indiana
Finance
Authority,
Hospital
Revenue
Bonds,
Indiana
University
Health
Obligation
Group,
Long
Term
Rate
Series
2023B-2,
5.000%,
10/01/60,
(Mandatory
Put
7/01/30)
7/29
at
101.68
14,839,779
4,260
Indiana
Finance
Authority,
Lease
Appropriation
Bonds,
Stadium
Project,
Refunding
Series
2015A,
5.250%,
2/01/37
8/25
at
100.00
4,331,855
Indiana
Finance
Authority,
Wastewater
Utility
Revenue
Bonds,
CWA
Authority
Project,
Series
2014A
:
650
5.000%,
10/01/23
No
Opt.
Call
650,000
740
5.000%,
10/01/24
No
Opt.
Call
747,663
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Indiana
-
3.0%
(continued)
$
1,580
5.000%,
10/01/25
10/24
at
100.00
$
1,594,820
1,710
5.000%,
10/01/26
10/24
at
100.00
1,727,704
1,470
Indiana
Housing
and
Community
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2021A,
2.050%,
7/01/41
7/30
at
100.00
960,739
11,335
Indiana
Housing
and
Community
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
PAC
Series
2021B,
2.125%,
7/01/41
7/30
at
100.00
7,354,833
4,355
Indianapolis
Local
Public
Improvement
Bond
Bank,
Indiana,
Airport
Authority
Project
Revenue
Bonds,
Refunding
Series
2014D,
5.000%,
1/01/30,
(AMT)
1/24
at
100.00
4,353,582
Indianapolis
Local
Public
Improvement
Bond
Bank,
Indiana,
Airport
Authority
Project
Revenue
Bonds,
Refunding
Series
2019D
:
5,025
5.000%,
1/01/26,
(AMT)
No
Opt.
Call
5,075,010
9,375
5.000%,
1/01/27,
(AMT)
No
Opt.
Call
9,530,582
4,210
5.000%,
1/01/29,
(AMT)
No
Opt.
Call
4,347,437
Indianapolis,
Indiana,
Gas
Utility
Distribution
System
Revenue
Bonds,
Refunding
2nd
Lien
Series
2013A
:
7,910
5.250%,
8/15/28
10/23
at
100.00
7,917,566
10,000
5.250%,
8/15/29
10/23
at
100.00
10,009,565
Indianapolis,
Indiana,
Gas
Utility
Distribution
System
Revenue
Bonds,
Refunding
2nd
Lien
Series
2017A
:
12,530
5.000%,
8/15/26
No
Opt.
Call
12,955,700
6,865
5.000%,
8/15/27
No
Opt.
Call
7,202,227
Indianapolis,
Indiana,
Thermal
Energy
System
Revenue
Bonds,
Refunding
First
Lien
Series
2014A
:
520
5.000%,
10/01/27
10/24
at
100.00
525,485
730
5.000%,
10/01/28
10/24
at
100.00
737,771
1,035
5.000%,
10/01/29
10/24
at
100.00
1,046,017
1,360
5.000%,
10/01/31
10/24
at
100.00
1,374,344
1,215
5.000%,
10/01/33
10/24
at
100.00
1,227,933
500
Lake
County
Building
Corporation,
Indiana,
First
Mortgage
Bonds,
Series
2012,
5.000%,
2/01/24
10/23
at
100.00
498,188
4,000
Mount
Vernon,
Indiana,
Environmental
Improvement
Revenue
Bonds,
Southern
Indiana
Gas
and
Electric
Company
Project,
Series
2015,
4.250%,
9/01/55,
(AMT),
(Mandatory
Put
9/01/28)
No
Opt.
Call
3,920,248
33,040
Richmond
Hospital
Authority,
Indiana,
Revenue
Bonds,
Reid
Hospital
Project,
Refunding
Series
2018B,
5.000%,
1/01/36
1/27
at
100.00
33,229,346
Southwest
Allen
Multi
School
Building
Corporation,
Allen
County,
Indiana,
First
Mortgage
Bonds,
Series
2020
:
675
4.000%,
7/15/24
No
Opt.
Call
675,184
575
4.000%,
1/15/25
No
Opt.
Call
575,643
11,300
Terre
Haute
Sanitary
District,
Indiana,
Revenue
Bonds,
Bond
Anticipation
Notes
Series
2023,
5.250%,
9/28/28
7/24
at
100.00
11,175,934
Vanderburgh
County,Indiana,
Redevelopment
District
Tax
Increment
Revenue
bonds,
Refunding
Series
2014
:
1,040
5.000%,
2/01/25
8/24
at
100.00
1,049,320
1,000
5.000%,
2/01/26
8/24
at
100.00
1,008,755
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Indiana
-
3.0%
(continued)
$
1,805
5.000%,
2/01/27
8/24
at
100.00
$
1,820,068
1,800
5.000%,
2/01/29
8/24
at
100.00
1,815,026
2,700
5.000%,
2/01/31
8/24
at
100.00
2,722,539
29,590
Whiting,
Indiana,
Environmental
Facilities
Refunding
Revenue
Bonds,
BP
Products
North
America
Inc.
Project,
Refunidng
Series
2019A,
5.000%,
12/01/44,
(AMT),
(Mandatory
Put
6/05/26)
No
Opt.
Call
30,068,509
Total
Indiana
216,306,271
Iowa
-
0.6%
Iowa
Finance
Authority,
Iowa,
Midwestern
Disaster
Area
Revenue
Bonds,
Iowa
Fertilizer
Company
Project,
Refunding
Series
2022
:
3,955
4.000%,
12/01/50,
(Mandatory
Put
12/01/32)
12/29
at
103.00
3,694,582
1,940
5.000%,
12/01/50,
(Mandatory
Put
12/01/42)
12/29
at
103.00
1,881,706
2,000
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019D,
2.600%,
7/01/37
1/29
at
100.00
1,581,242
10,190
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020A,
3.750%,
1/01/50
7/29
at
100.00
9,879,228
7,400
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021B,
2.200%,
7/01/41
7/30
at
100.00
4,819,571
2,250
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021D,
2.100%,
7/01/38
1/31
at
100.00
1,552,106
7,225
Iowa
Tobacco
Settlement
Authority,
Tobacco
Settlement
Asset-Backed
Bonds,
Seenior
Lien
Series
Class
2
Series
2021B-1,
4.000%,
6/01/49
6/31
at
100.00
6,688,485
Iowa
Tobacco
Settlement
Authority,
Tobacco
Settlement
Asset-Backed
Bonds,
Senior
Class
1
Series
2021A-2
:
800
5.000%,
6/01/27
No
Opt.
Call
834,708
2,325
5.000%,
6/01/29
No
Opt.
Call
2,468,229
1,600
5.000%,
6/01/30
No
Opt.
Call
1,709,063
1,605
5.000%,
6/01/31
No
Opt.
Call
1,720,870
1,610
5.000%,
6/01/32
6/31
at
100.00
1,722,688
1,000
5.000%,
6/01/33
6/31
at
100.00
1,067,206
8,000
PEFA
Inc.,
Public
Energy
Facilities
Authority,
Inc.,
Iowa,
Gas
Project
Revenue
Bonds,
Series
2019,
5.000%,
9/01/49,
(Mandatory
Put
9/01/26)
6/26
at
100.62
7,982,894
Total
Iowa
47,602,578
Kansas
-
0.7%
14,655
Burlington,
Kansas,
Environmental
Improvement
Revenue
Bonds,
Kansas
City
Power
and
Light
Company
Project,
Refunding
Series
1993A,
2.950%,
12/01/23
10/23
at
101.00
14,616,235
16,000
Burlington,
Kansas,
Environmental
Improvement
Revenue
Bonds,
Kansas
City
Power
and
Light
Company
Project,
Refunding
Series
1993B,
2.950%,
12/01/23
10/23
at
101.00
15,957,677
7,950
Kansas
Department
of
Transportation,
Highway
Revenue
Bonds,
Series
2015B,
5.000%,
9/01/30
9/25
at
100.00
8,155,732
9,940
Kansas
Development
Finance
Authority,
Hospital
Revenue
Bonds,
Advent
Health
Obligated
Group,
Series
2021B,
5.000%,
11/15/54,
(Mandatory
Put
11/15/31)
No
Opt.
Call
10,601,849
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Kansas
-
0.7%
(continued)
$
2,400
Wyandotte
County-Kansas
City
Unified
Government,
Kansas,
Sales
Tax
Special
Obligation
Bonds,
Village
East
Project
Areas
2B
3
and
5,
Series
2022,
5.750%,
9/01/39,
144A
3/29
at
103.00
$
2,218,544
Total
Kansas
51,550,037
Kentucky
-
1.6%
Ashland,
Kentucky,
Medical
Center
Revenue
Bonds,
Ashland
Hospital
Corporation
d/b/a
King's
Daughters
Medical
Center
Project,
Refunding
Series
2019
:
110
4.000%,
2/01/33
2/30
at
100.00
103,347
500
4.000%,
2/01/34
2/30
at
100.00
465,599
180
4.000%,
2/01/35
2/30
at
100.00
165,492
1,110
4.000%,
2/01/36
2/30
at
100.00
1,004,295
5,000
Carroll
County,
Kentucky,
Environmental
Facilities
Revenue
Bonds,
Kentucky
Utilities
Company
Project,
Refunding
Series
2006B,
2.125%,
10/01/34,
(AMT)
6/31
at
100.00
3,526,820
21,375
Carroll
County,
Kentucky,
Environmental
Facilities
Revenue
Bonds,
Kentucky
Utilities
Company
Project,
Series
2008A,
2.000%,
2/01/32,
(AMT)
6/31
at
100.00
15,958,216
1,000
Christian
County,
Kentucky,
Hospital
Revenue
Bonds,
Jennie
Stuart
Medical
Center,
Series
2016,
5.375%,
2/01/36
2/26
at
100.00
1,008,588
3,200
Kentucky
Economic
Development
Finance
Authority,
Hospital
Revenue
Bonds,
Owensboro
Health,
Refunding
Series
2017A,
5.000%,
6/01/37
6/27
at
100.00
3,013,033
1,190
Kentucky
Economic
Development
Finance
Authority,
Hospital
Revenue
Bonds,
Owensboro
Medical
Health
System,
Series
2015A,
4.500%,
6/01/46
6/25
at
100.00
968,497
2,465
Kentucky
Economic
Development
Finance
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-1,
5.000%,
8/01/28
No
Opt.
Call
2,546,593
Louisville
Regional
Airport
Authority,
Kentucky,
Airport
System
Revenue
Bonds,
Refunding
Series
2014A
:
1,320
5.000%,
7/01/26,
(AMT)
7/24
at
100.00
1,319,531
3,280
5.000%,
7/01/28,
(AMT)
7/24
at
100.00
3,278,641
7,800
Louisville/Jefferson
County
Metro
Government,
Kentucky,
Health
System
Revenue
Bonds,
Norton
Healthcare,
Inc.,
Series
2023B,
5.000%,
10/01/47,
(Mandatory
Put
10/01/29)
4/29
at
100.73
8,100,878
6,000
Louisville-Jefferson
County
Metropolitan
Government,
Kentucky,
Pollution
Control
Revenue
Bonds,
Louisville
Gas
and
Electric
Company
Project,
Series
2003A,
2.000%,
10/01/33
4/31
at
100.00
4,425,539
Murray,
Kentucky,
Hospital
Facilities
Revenue
Bonds,
Murray-Calloway
County
Public
Hospital
Corporation
Project,
Refunding
Series
2016
:
1,005
5.000%,
8/01/25
No
Opt.
Call
1,003,451
1,060
5.000%,
8/01/26
No
Opt.
Call
1,058,492
1,110
5.000%,
8/01/27
8/26
at
100.00
1,112,801
1,165
5.000%,
8/01/28
8/26
at
100.00
1,169,691
1,230
5.000%,
8/01/29
8/26
at
100.00
1,233,374
2,935
5.000%,
8/01/37
8/26
at
100.00
2,817,038
15,000
Owen
County,
Kentucky,
Waterworks
System
Revenue
Bonds,
Kentucky-
American
Water
Company
Project,
Refunding
Series
2019A,
2.450%,
6/01/39,
(Mandatory
Put
10/01/29)
No
Opt.
Call
13,269,644
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Kentucky
-
1.6%
(continued)
$
8,740
Public
Energy
Authority
of
Kentucky,
Gas
Supply
Revenue
Bonds,
Series
2018A,
4.000%,
4/01/48,
(Mandatory
Put
4/01/24)
1/24
at
100.37
$
8,706,067
18,940
Public
Energy
Authority
of
Kentucky,
Gas
Supply
Revenue
Bonds,
Series
2018B,
4.000%,
1/01/49,
(Mandatory
Put
1/01/25)
10/24
at
100.24
18,765,083
5,075
Public
Energy
Authority
of
Kentucky,
Gas
Supply
Revenue
Bonds,
Series
2019A-1,
4.000%,
12/01/49,
(Mandatory
Put
6/01/25)
3/25
at
100.29
5,000,470
5,895
Public
Energy
Authority
of
Kentucky,
Gas
Supply
Revenue
Bonds,
Series
2020A,
4.000%,
12/01/50,
(Mandatory
Put
6/01/26)
3/26
at
100.63
5,782,252
1,000
Public
Energy
Authority
of
Kentucky,
Gas
Supply
Revenue
Bonds,
Series
2022A-1,
4.000%,
8/01/52,
(Mandatory
Put
8/01/30)
5/30
at
100.38
945,087
4,750
Trimble
County,
Kentucky,
Pollution
Control
Revenue
Bonds,
Louisville
Gas
and
Electric
Company
Project,
Series
2016A,
1.300%,
9/01/44,
(AMT),
(Mandatory
Put
9/01/27)
No
Opt.
Call
4,034,801
University
of
Kentucky,
General
Receipts
Bonds,
Series
2018A
:
1,350
3.000%,
10/01/34
4/26
at
100.00
1,163,469
5,000
3.125%,
10/01/37
4/26
at
100.00
4,031,815
1,525
Warren
County,
Kentucky,
Hospital
Revenue
Bonds,
Bowling
Green-Warren
County
Community
Hospital
Corporation,
Refunding
Series
2021A,
5.000%,
4/01/29
No
Opt.
Call
1,614,269
Total
Kentucky
117,592,873
Louisiana
-
2.1%
Calcasieu
Parish
Memorial
Hospital
Service
District,
Louisiana,
Revenue
Bonds,
Lake
Charles
Memorial
Hospital,
Refunding
Series
2019
:
14,510
5.000%,
12/01/34
12/29
at
100.00
13,033,268
10,900
5.000%,
12/01/39
12/29
at
100.00
8,937,990
East
Baton
Rouge
Sewerage
Commission,
Louisiana,
Revenue
Bonds,
Refunding
Series
2014B
:
580
5.000%,
2/01/24
No
Opt.
Call
582,112
805
5.000%,
2/01/25
No
Opt.
Call
817,636
14,500
Lake
Charles
Harbor
and
Terminal
District,
Louisiana,
Revenue
Bonds,
Big
Lake
Fuels
LLC,
Series
2021,
1.000%,
12/01/51,
(AMT),
(Mandatory
Put
12/01/24)
No
Opt.
Call
13,751,388
2,470
Louisiana
Housing
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Home
Ownership
Program,
Series
2021D,
2.350%,
12/01/41
6/30
at
100.00
1,650,747
11,230
Louisiana
Local
Government
Environmental
Facilities
and
Community
Development
Authority,
Louisiana,
Revenue
Bonds,
Entergy
Lousiana,
LLC
Project,
Refunding
Series
2021B,
2.500%,
4/01/36
4/26
at
100.00
8,513,036
Louisiana
Local
Government
Environmental
Facilities
and
Community
Development
Authority,
Revenue
Bonds,
East
Baton
Rouge
Sewerage
Commission
Projects,
Subordinate
Lien
Series
2014A
:
2,280
(c)
5.000%,
2/01/28,
(Pre-refunded
2/01/24)
2/24
at
100.00
2,287,630
2,850
(c)
5.000%,
2/01/29,
(Pre-refunded
2/01/24)
2/24
at
100.00
2,859,537
2,000
(c)
5.000%,
2/01/30,
(Pre-refunded
2/01/24)
2/24
at
100.00
2,006,693
17,770
Louisiana
Local
Government
Environmental
Facilities
and
Community
Development
Authority,
Revenue
Bonds,
Westlake
Chemical
Corporation
Projects,
Refunding
Series
2017,
3.500%,
11/01/32
11/27
at
100.00
16,382,337
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Louisiana
-
2.1%
(continued)
$
5,730
Louisiana
Offshore
Terminal
Authority,
Deepwater
Port
Revenue
Bonds,
Loop
LLC
Project,
Series
2007A,
1.650%,
9/01/27,
(Mandatory
Put
12/01/23)
No
Opt.
Call
$
5,694,412
5,250
Louisiana
Offshore
Terminal
Authority,
Deepwater
Port
Revenue
Bonds,
Loop
LLC
Project,
Series
2013C,
1.650%,
9/01/34,
(Mandatory
Put
12/01/23)
No
Opt.
Call
5,217,393
Louisiana
Publc
Facilities
Authority,
Lousiana,
Revenue
Bonds,
Ochsner
Clinic
Foundation
Project,
Refunding
Series
2017
:
1,385
5.000%,
5/15/28
5/27
at
100.00
1,414,624
1,065
5.000%,
5/15/29
5/27
at
100.00
1,086,261
1,185
5.000%,
5/15/30
5/27
at
100.00
1,207,893
1,755
5.000%,
5/15/31
5/27
at
100.00
1,789,125
1,120
5.000%,
5/15/32
5/27
at
100.00
1,141,102
3,235
5.000%,
5/15/42
5/27
at
100.00
3,178,224
1,000
(e)
Louisiana
Public
Facilities
Authority,
Revenue
Bonds,
Archdiocese
of
New
Orleans,
Refunding
Series
2017,
5.000%,
7/01/37
7/27
at
100.00
850,000
Louisiana
Public
Facilities
Authority,
Revenue
Bonds,
Ochsner
Clinic
Foundation
Project,
Refunding
Series
2016
:
1,095
5.000%,
5/15/30
5/26
at
100.00
1,111,974
25
(c)
5.000%,
5/15/30,
(Pre-refunded
5/15/26)
5/26
at
100.00
25,690
3,420
5.000%,
5/15/32
5/26
at
100.00
3,469,273
35
(c)
5.000%,
5/15/32,
(Pre-refunded
5/15/26)
5/26
at
100.00
35,966
3,675
5.000%,
5/15/33
5/26
at
100.00
3,726,482
40
(c)
5.000%,
5/15/33,
(Pre-refunded
5/15/26)
5/26
at
100.00
41,104
1,000
Louisiana
Public
Facilities
Authority,
Revenue
Bonds,
Ochsner
Clinic
Foundation
Project,
Series
2015,
5.000%,
5/15/31
5/25
at
100.00
1,012,473
5,000
Louisiana
State,
General
Obligation
Bonds,
Series
2016A,
5.000%,
9/01/34
9/26
at
100.00
5,158,399
New
Orleans
Aviation
Board,
Louisiana,
General
Airport
Revenue
Bonds,
Louis
Armstrong
New
Orleans
International
Airport,
Series
2023B
:
900
5.000%,
1/01/37,
(AMT)
1/33
at
100.00
917,696
980
5.000%,
1/01/39,
(AMT)
1/33
at
100.00
982,145
1,420
5.000%,
1/01/40,
(AMT)
1/33
at
100.00
1,416,388
New
Orleans,
Louisiana,
General
Obligation
Bonds,
Public
Improvement
Series
2021A
:
5,195
5.000%,
12/01/26
No
Opt.
Call
5,368,904
6,015
5.000%,
12/01/29
No
Opt.
Call
6,450,752
New
Orleans,
Louisiana,
General
Obligation
Bonds,
Refunding
Series
2015
:
970
5.000%,
12/01/23
No
Opt.
Call
971,229
1,020
5.000%,
12/01/24
No
Opt.
Call
1,031,461
480
5.000%,
12/01/25
No
Opt.
Call
491,073
795
5.000%,
12/01/27
12/25
at
100.00
812,590
New
Orleans,
Louisiana,
Sewerage
Service
Revenue
Bonds,
Refunding
Series
2014
:
250
5.000%,
6/01/24
No
Opt.
Call
251,596
605
5.000%,
6/01/25
6/24
at
100.00
608,885
500
(c)
5.000%,
6/01/26,
(Pre-refunded
6/01/24)
6/24
at
100.00
503,453
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Louisiana
-
2.1%
(continued)
$
640
(c)
5.000%,
6/01/27,
(Pre-refunded
6/01/24)
6/24
at
100.00
$
644,420
380
(c)
5.000%,
6/01/28,
(Pre-refunded
6/01/24)
6/24
at
100.00
382,624
600
(c)
5.000%,
6/01/29,
(Pre-refunded
6/01/24)
6/24
at
100.00
604,143
New
Orleans,
Louisiana,
Sewerage
Service
Revenue
Bonds,
Series
2015
:
410
(c)
5.000%,
6/01/30,
(Pre-refunded
6/01/25)
6/25
at
100.00
418,373
775
(c)
5.000%,
6/01/32,
(Pre-refunded
6/01/25)
6/25
at
100.00
790,826
1,000
(c)
5.000%,
6/01/33,
(Pre-refunded
6/01/25)
6/25
at
100.00
1,020,421
1,075
(c)
5.000%,
6/01/35,
(Pre-refunded
6/01/25)
6/25
at
100.00
1,096,953
3,265
Saint
James
Parish,
Louisiana,
Revenue
Bonds,
NuStar
Logistics,
L.P.
Project,
Series
2010B,
6.100%,
12/01/40,
(Mandatory
Put
6/01/30),
144A
No
Opt.
Call
3,450,948
3,405
Saint
James
Parish,
Louisiana,
Revenue
Bonds,
NuStar
Logistics,
L.P.
Project,
Series
2011,
5.850%,
8/01/41,
(Mandatory
Put
6/01/25),
144A
No
Opt.
Call
3,459,545
1,030
Saint
John
the
Baptist
Parish,
Louisiana,
Revenue
Bonds,
Marathon
Oil
Corporation
Project,
Refunding
Series
2017B-2,
2.375%,
6/01/37,
(Mandatory
Put
7/01/26)
No
Opt.
Call
962,675
Shreveport,
Louisiana,
Water
and
Sewer
Revenue
Bonds,
Junior
Lien
Series
2019B
:
760
5.000%,
12/01/26
-
AGM
Insured
No
Opt.
Call
779,295
1,475
5.000%,
12/01/29
-
AGM
Insured
12/28
at
100.00
1,548,855
1,500
5.000%,
12/01/30
-
AGM
Insured
12/28
at
100.00
1,574,304
1,795
5.000%,
12/01/32
-
AGM
Insured
12/28
at
100.00
1,887,016
1,630
4.000%,
12/01/33
-
AGM
Insured
12/28
at
100.00
1,515,802
5,980
3.000%,
12/01/35
-
AGM
Insured
12/28
at
100.00
5,034,253
Total
Louisiana
151,959,394
Maine
-
0.6%
Maine
Health
and
Higher
Educational
Facilities
Authority
Revenue
Bonds,
Eastern
Maine
Medical
Center
Obligated
Group
Issue,
Series
2016A
:
4,555
4.000%,
7/01/41
7/26
at
100.00
3,622,377
5,685
4.000%,
7/01/46
7/26
at
100.00
4,247,615
Maine
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
MaineHealth
Issue,
Series
2020A
:
840
4.000%,
7/01/37
7/30
at
100.00
782,710
1,000
4.000%,
7/01/39
7/30
at
100.00
910,674
1,000
4.000%,
7/01/40
7/30
at
100.00
900,374
Maine
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Series
2021A
:
200
5.000%,
7/01/26
-
AGM
Insured
No
Opt.
Call
204,506
150
5.000%,
7/01/27
-
AGM
Insured
No
Opt.
Call
154,890
235
5.000%,
7/01/28
-
AGM
Insured
No
Opt.
Call
245,276
630
2.500%,
7/01/29
-
AGM
Insured
No
Opt.
Call
586,166
200
5.000%,
7/01/30
-
AGM
Insured
No
Opt.
Call
211,997
10,000
Maine
State
Housing
Authority,
Multifamily
Mortgage
Purchase
Bonds,
Series
2020B,
2.350%,
11/15/40
11/28
at
100.00
6,757,753
3,125
Maine
State
Housing
Authority,
Multifamily
Mortgage
Purchase
Bonds,
Series
2021A,
2.050%,
11/15/41
5/30
at
100.00
1,884,524
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Maine
-
0.6%
(continued)
$
7,425
Maine
State
Housing
Authority,
Multifamily
Mortgage
Purchase
Bonds,
Series
2022A,
2.400%,
11/15/41
11/30
at
100.00
$
4,908,701
6,280
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Series
2020D,
2.550%,
11/15/40
5/29
at
100.00
4,300,981
3,250
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Series
2021B,
2.200%,
11/15/41
5/30
at
100.00
2,017,890
10,675
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Social
Series
2021C,
2.150%,
11/15/41
11/30
at
100.00
6,722,215
3,000
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Social
Series
2021D,
2.400%,
11/15/41
11/30
at
100.00
1,943,697
Total
Maine
40,402,346
Maryland
-
1.6%
Baltimore
County,
Maryland,
Revenue
Bonds,
Oak
Crest
Village,
Series
2016
:
1,270
3.250%,
1/01/31
1/26
at
100.00
1,157,420
3,365
5.000%,
1/01/37
1/26
at
100.00
3,374,372
Baltimore,
Maryland,
Convention
Center
Hotel
Revenue
Bonds,
Refunding
Series
2017
:
1,760
5.000%,
9/01/27
No
Opt.
Call
1,721,441
2,780
5.000%,
9/01/29
9/27
at
100.00
2,697,828
1,000
5.000%,
9/01/30
9/27
at
100.00
965,579
1,365
5.000%,
9/01/31
9/27
at
100.00
1,312,399
145
5.000%,
9/01/34
9/27
at
100.00
138,160
1,500
5.000%,
9/01/39
9/27
at
100.00
1,327,933
Baltimore,
Maryland,
Revenue
Bonds,
Water
Projects,
Series
2013A
:
1,000
(c)
5.000%,
7/01/26,
(Pre-refunded
1/01/24)
1/24
at
100.00
1,002,441
1,715
(c)
5.000%,
7/01/27,
(Pre-refunded
1/01/24)
1/24
at
100.00
1,719,187
2,800
Charles
County,
Maryland,
General
Obligation
Bonds,
Refunding
&
Consolidated
Public
Improvement
Series
2017,
2.400%,
10/01/29
10/27
at
100.00
2,478,088
3,000
Howard
County
Housing
Commission,
Maryland,
Revenue
Bonds,
Columbia
Landing
Project,
Refunding
Series
2021A,
1.600%,
6/01/29
6/26
at
100.00
2,551,682
22,335
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2019C,
3.000%,
9/01/39
3/29
at
100.00
17,633,764
10,375
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2020A,
2.500%,
9/01/40
3/29
at
100.00
7,274,557
15,055
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2021A,
1.950%,
9/01/41
3/30
at
100.00
8,986,453
13,245
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2021B,
2.100%,
9/01/41
3/30
at
100.00
8,264,419
20,000
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2021C,
2.450%,
9/01/41
9/30
at
100.00
13,472,302
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Maryland
-
1.6%
(continued)
$
1,000
Maryland
Economic
Development
Corporation,
Student
Housing
Revenue
Bonds,
University
of
Maryland,
College
Park
Project,
Refunding
Series
2016,
5.000%,
6/01/28
-
AGM
Insured
6/26
at
100.00
$
1,021,587
7,000
Maryland
Health
and
HIgher
Educational
Facilities
Authority, Revenue
Bonds,
University
of
Maryland
Medical
Systems,
Series
2020B-2,
5.000%,
7/01/45,
(Mandatory
Put
7/01/27)
1/27
at
100.00
7,190,676
Maryland
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds, Mercy
Medical
Center,
Series
2016A
:
805
5.000%,
7/01/32
7/26
at
100.00
811,292
2,250
5.000%,
7/01/33
7/26
at
100.00
2,267,435
1,650
5.000%,
7/01/34
7/26
at
100.00
1,665,138
2,000
5.000%,
7/01/35
7/26
at
100.00
2,015,345
1,570
5.000%,
7/01/36
7/26
at
100.00
1,576,882
1,000
Maryland
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Adventist
HealthCare
Issue,
Series
2021B,
4.000%,
1/01/39
1/32
at
100.00
821,938
7,825
(c)
Maryland
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Western
Maryland
Health,
Series
2014,
5.250%,
7/01/25,
(Pre-
refunded
7/01/24)
7/24
at
100.00
7,886,638
15,025
Maryland
State,
General
Obligation
Bonds,
State
and
Local
Facilities
Loan,
Second
Series
2020A-2,
5.000%,
8/01/25
No
Opt.
Call
15,356,961
Total
Maryland
116,691,917
Massachusetts
-
1.0%
Massachusetts
Development
Finance
Agency
Revenue
Bonds,
Lawrence
General
Hospital
Issue,
Series
2014A
:
835
5.000%,
7/01/26
7/24
at
100.00
810,619
680
5.000%,
7/01/27
7/24
at
100.00
652,840
925
5.000%,
7/01/28
7/24
at
100.00
879,557
960
5.000%,
7/01/29
7/24
at
100.00
900,132
4,800
Massachusetts
Development
Finance
Agency
Revenue
Refunding
Bonds,
NewBridge
on
the
Charles,
Inc.
Issue,
Series
2017,
4.000%,
10/01/32,
144A
10/23
at
104.00
4,228,830
1,749
(e)
Massachusetts
Development
Finance
Agency,
Health
Care
Facility
Revenue
Bonds,
Adventcare
Project,
Series
2007A,
6.650%,
10/15/28,
144A
10/23
at
100.00
17,488
14,455
(c)
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Atrius
Health
Issue,
Series
2019A,
5.000%,
6/01/39,
(Pre-refunded
6/01/29)
6/29
at
100.00
15,550,862
1,630
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Boston
Medical
Center
Issue,
Series
2016E,
3.375%,
7/01/36
7/26
at
100.00
1,293,372
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
CareGroup
Issue,
Series
2018J-2
:
2,275
5.000%,
7/01/33
7/28
at
100.00
2,351,371
1,085
5.000%,
7/01/38
7/28
at
100.00
1,099,592
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Milford
Regional
Medical
Center
Issue,
Series
2020G
:
415
5.000%,
7/15/32,
144A
7/30
at
100.00
385,330
320
5.000%,
7/15/33,
144A
7/30
at
100.00
292,928
300
5.000%,
7/15/34,
144A
7/30
at
100.00
270,682
270
5.000%,
7/15/35,
144A
7/30
at
100.00
240,265
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Massachusetts
-
1.0%
(continued)
$
135
5.000%,
7/15/36,
144A
7/30
at
100.00
$
118,975
145
5.000%,
7/15/37,
144A
7/30
at
100.00
126,601
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Simmons
University
Issue,
Series
2018L
:
1,080
5.000%,
10/01/30
10/28
at
100.00
1,094,416
1,240
5.000%,
10/01/31
10/28
at
100.00
1,254,778
1,775
5.000%,
10/01/32
10/28
at
100.00
1,793,681
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Southcoast
Health
System
Obligated
Group
Issue,
Series
2021G
:
1,130
5.000%,
7/01/35
7/31
at
100.00
1,160,134
1,045
5.000%,
7/01/36
7/31
at
100.00
1,064,086
4,250
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
UMass
Memorial
Health
Care
Obligated
Group
Issue,
Series
2017L,
3.625%,
7/01/37
7/27
at
100.00
3,440,684
4,245
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Wellforce
Issue,
Series
2019A,
4.000%,
7/01/37
1/29
at
100.00
3,616,866
1,200
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Williams
College,
Series
2011N,
0.450%,
7/01/41,
(Mandatory
Put
7/01/25)
1/25
at
100.00
1,104,194
1,750
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Series
2019B-1,
3.000%,
12/01/39
12/28
at
100.00
1,341,883
2,875
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Sustainability
Green
Series
2021A-1,
2.125%,
12/01/41
6/30
at
100.00
1,813,057
2,100
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Sustainability
Green
Series
2023A-3,
3.050%,
12/01/27
12/26
at
100.00
2,013,784
3,000
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Sustainability
Series
2019C-1,
2.900%,
12/01/39
12/28
at
100.00
2,260,201
7,570
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Series
2019-214,
2.800%,
12/01/39
6/29
at
100.00
5,881,622
2,330
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Series
2020-218,
2.300%,
12/01/40
12/29
at
100.00
1,504,166
4,930
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2020-220,
2.125%,
12/01/40
6/30
at
100.00
3,291,040
4,935
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2021-221,
2.200%,
12/01/41
6/30
at
100.00
3,260,911
2,935
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2021-223,
2.350%,
6/01/39
12/30
at
100.00
2,001,877
6,915
Massachusetts
State,
Transportation
Fund
Revenue
Bonds,
Rail
Enhancement
Program,
Series
2014A,
5.000%,
6/01/44
6/24
at
100.00
6,933,108
Total
Massachusetts
74,049,932
Michigan
-
2.6%
2,880
Detroit
Downtown
Development
Authority,
Michigan,
Tax
Increment
Bonds,
Development Area
1
Projects,
Refunding
Series
1996B,
0.000%,
7/01/24
No
Opt.
Call
2,757,595
660
Marquettte,
Michigan,
Electric
Utility
System
Revenue
Bonds,
Refunding
Series
2016A,
5.000%,
7/01/30
7/26
at
100.00
670,367
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Michigan
-
2.6%
(continued)
$
11,000
Michigan
Finance
Authority,
Hospital
Revenue
Bonds,
Bronson
Healthcare
Group,
Inc.,
Series
2019C,
3.750%,
11/15/49,
(Mandatory
Put
5/15/26)
No
Opt.
Call
$
10,855,468
11,005
Michigan
Finance
Authority,
Hospital
Revenue
Bonds,
McLaren
Health
Care,
Refunding
Series
2015D-1,
1.200%,
10/15/30,
(Mandatory
Put
4/13/28)
No
Opt.
Call
9,369,262
16,855
Michigan
Finance
Authority,
Hospital
Revenue
Bonds,
McLaren
Health
Care,
Refunding
Series
2015D-2,
1.200%,
10/15/38,
(Mandatory
Put
4/13/28)
No
Opt.
Call
14,349,742
5,010
Michigan
Finance
Authority,
Local
Government
Loan
Program
Revenue
Bonds,
Detroit
Water
&
Sewerage
Department
Sewage
Disposal
System
Local
Project,
Second
Lien
Series
2015C,
5.000%,
7/01/34
7/25
at
100.00
5,069,952
11,515
Michigan
Finance
Authority,
Michigan,
Revenue
Bonds,
Trinity
Health
Credit
Group,
Refunding
Series
2022B-MI,
5.000%,
12/01/43,
(Mandatory
Put
12/01/28)
6/28
at
100.00
11,983,346
8,995
Michigan
Finance
Authority,
Revenue
Bonds,
Ascension
Senior
Credit
Group,
Refunding
Series
2016E-1,
4.000%,
11/15/44,
(Mandatory
Put
8/15/24)
No
Opt.
Call
8,969,361
Michigan
Finance
Authority,
Tobacco
Settlement
Asset-
Backed
Bonds,
2007
Sold
Tobacco
Receipts,
Senior
Current
Interest
Series
2020A-CL-1
:
1,000
5.000%,
6/01/30
No
Opt.
Call
1,063,629
1,500
5.000%,
6/01/32
12/30
at
100.00
1,599,257
2,435
4.000%,
6/01/34
12/30
at
100.00
2,423,832
1,000
4.000%,
6/01/35
12/30
at
100.00
983,555
2,450
Michigan
Housing
Development
Authority,
Rental
Housing
Revenue
Bonds,
Series
2018A,
3.800%,
10/01/38
10/27
at
100.00
2,153,546
8,730
Michigan
Housing
Development
Authority,
Rental
Housing
Revenue
Bonds,
Series
2021A,
2.250%,
10/01/41
10/30
at
100.00
5,587,786
2,255
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Fixed
Rate
Series
2018C,
3.650%,
12/01/39
6/28
at
100.00
1,897,478
13,000
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019B,
2.950%,
12/01/39
12/28
at
100.00
10,168,311
25,205
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020C,
2.600%,
12/01/40
6/30
at
100.00
17,613,483
9,620
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021A,
2.150%,
12/01/41
12/30
at
100.00
6,136,580
22,850
Michigan
Strategic
Fund,
Limited
Obligation
Pollution
Control
Revenue
Refunding
Bonds,
Detroit
Edison
Company,
Variable
Rate
Demand
Obligations,
Series
1995CC,
1.450%,
9/01/30
No
Opt.
Call
18,214,409
21,550
Michigan
Strategic
Fund,
Limited
Obligation
Revenue
Bonds,
Detroit
Edison
Company
Exempt
Facilities
Project,
Refunding
Variable
Rate
Series
2008ET-2,
1.350%,
8/01/29
No
Opt.
Call
17,700,985
2,255
Michigan
Strategic
Fund,
Limited
Obligation
Revenue
Bonds,
Graphic
Packaging
International,
LLC
Coated
Recycled
Board
Machine
Project,
Green
Series
2021,
4.000%,
10/01/61,
(AMT),
(Mandatory
Put
10/01/26)
No
Opt.
Call
2,214,459
2,295
Michigan
Strategic
Fund,
Revenue
Bonds,
Waste
Management
Inc.,
Series
2001,
0.580%,
8/01/27,
(AMT),
(Mandatory
Put
8/01/24)
No
Opt.
Call
2,223,038
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Michigan
-
2.6%
(continued)
Royal
Oak
Hospital
Finance
Authority,
Michigan,
Hospital
Revenue
Bonds,
William
Beaumont
Hospital
Obligated
Group,
Refunding
Series
2014D
:
$
1,040
(c)
5.000%,
9/01/26,
(Pre-refunded
3/01/24)
3/24
at
100.00
$
1,043,621
2,000
(c)
5.000%,
9/01/27,
(Pre-refunded
3/01/24)
3/24
at
100.00
2,006,963
2,560
(c)
5.000%,
9/01/28,
(Pre-refunded
3/01/24)
3/24
at
100.00
2,568,912
3,865
(c)
5.000%,
9/01/29,
(Pre-refunded
3/01/24)
3/24
at
100.00
3,878,455
5,145
(c)
5.000%,
9/01/30,
(Pre-refunded
3/01/24)
3/24
at
100.00
5,162,912
2,320
(c)
5.000%,
9/01/31,
(Pre-refunded
3/01/24)
3/24
at
100.00
2,328,077
Wayne
County
Airport
Authority,
Michigan,
Revenue
Bonds,
Detroit
Metropolitan
Wayne
County
Airport,
Refunding
Series
2015F
:
8,125
5.000%,
12/01/28,
(AMT)
12/25
at
100.00
8,187,990
3,765
5.000%,
12/01/32,
(AMT)
12/25
at
100.00
3,779,184
5,295
5.000%,
12/01/33,
(AMT)
12/25
at
100.00
5,314,096
5,000
5.000%,
12/01/34,
(AMT)
12/25
at
100.00
5,013,753
Total
Michigan
193,289,404
Minnesota
-
1.1%
Duluth
Economic
Development
Authority,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Essentia
Health
Obligated
Group,
Series
2018A
:
910
5.000%,
2/15/33
2/28
at
100.00
928,688
1,150
5.000%,
2/15/37
2/28
at
100.00
1,161,362
8,085
4.250%,
2/15/43
2/28
at
100.00
6,953,908
3,955
Minneapolis,
Minnesota,
Health
Care
System
Revenue
Bonds,
Allina
Health
System,
Series
2023A,
5.000%,
11/15/52,
(Mandatory
Put
11/15/28)
5/28
at
100.91
4,105,506
1,370
Minneapolis-Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Health
Care
System
Revenue
Bonds,
Allina
Health
System,
Refunding
Series
2017A,
5.000%,
11/15/28
5/27
at
100.00
1,415,269
5,000
Minneapolis-Saint
Paul
Metropolitan
Council,
Minnesota,
General
Obligation
Wastewater
Revenue
Bonds,
Series
2015C,
3.500%,
3/01/28
3/25
at
100.00
4,861,784
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2014A
:
2,610
5.000%,
1/01/25
1/24
at
100.00
2,616,051
7,305
5.000%,
1/01/32
1/24
at
100.00
7,321,937
3,946
Minnesota
Housing
Finance
Agency,
Homeownership
Finance
Bonds,
Mortgage-Backed
Securities
Program,
Series
2017E,
2.850%,
6/01/47
7/26
at
100.00
3,470,914
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020B
:
6,065
2.625%,
1/01/40
7/29
at
100.00
4,828,761
7,645
3.500%,
7/01/50
7/29
at
100.00
7,347,087
5,430
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020E,
2.500%,
7/01/40
7/29
at
100.00
4,158,097
4,605
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020I,
2.000%,
7/01/40
1/30
at
100.00
3,302,493
4,110
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2021D,
2.200%,
7/01/41
7/30
at
100.00
2,720,726
9,245
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2021H,
2.350%,
7/01/41
1/31
at
100.00
6,747,269
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Minnesota
-
1.1%
(continued)
$
4,235
Minnesota
Municipal
Gas
Agency,
Commodity
Supply
Revenue
Bonds,
Series
2022A,
4.000%,
12/01/52,
(Mandatory
Put
12/01/27)
9/27
at
100.37
$
4,118,167
425
Northern
Municipal
Power
Agency,
Minnesota,
Electric
System
Revenue
Bonds,
Series
2013A,
4.000%,
1/01/28
10/23
at
100.00
424,989
6,445
Saint
Paul
Independent
School
District
625,
Ramsey
County,
Minnesota,
Certificates
of
Participation,
Series
2018B,
3.500%,
2/01/39
2/27
at
100.00
5,559,014
White
Bear
Lake
Independent
School
District
624,
Ramsey
County,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2021A
:
2,650
2.000%,
2/01/28
2/27
at
100.00
2,353,904
3,095
2.000%,
2/01/29
2/27
at
100.00
2,690,346
4,135
2.000%,
2/01/30
2/27
at
100.00
3,512,253
Total
Minnesota
80,598,525
Mississippi
-
0.3%
6,570
Mississippi
Business
Finance
Corporation,
Pollution
Control
Revenue,
Mississippi
Power,
Series
2002,
3.200%,
9/01/28
3/24
at
100.00
6,278,576
Mississippi
Home
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020A
:
2,490
2.450%,
12/01/39
6/29
at
100.00
1,776,266
3,075
3.750%,
6/01/49
6/29
at
100.00
2,983,692
1,470
Mississippi
Home
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Series
2021A,
2.000%,
12/01/40
6/30
at
100.00
931,102
1,790
Mississippi
State,
Gaming
Tax
Revenue
Bonds,
Series
2019A,
4.000%,
10/15/38
10/28
at
100.00
1,550,226
8,880
(c)
Mississippi
State,
General
Obligation
Bonds,
Series
2013B,
5.000%,
12/01/28,
(Pre-refunded
12/01/23)
12/23
at
100.00
8,894,144
Total
Mississippi
22,414,006
Missouri
-
0.8%
1,095
Cape
Girardeau
County
Industrial
Development
Authority,
Missouri,
Health
Facilities
Revenue
Bonds,
Southeasthealth,
Series
2016A,
6.000%,
3/01/33
10/23
at
103.00
1,128,725
1,100
(c)
Great
Rivers
Greenway
Metropolitan
Park
&
Recreation
District,
Missouri,
Sales
Tax
Appropriation
Bonds,
Gateway
Arch
Project,
Series
2014,
3.000%,
12/30/24,
(Pre-refunded
12/30/23)
12/23
at
100.00
1,097,369
10,425
Missouri
Environmental
Improvement
and
Energy
Resources
Authority,
Revenue
Bonds,
Union
Electric
Company
Project,
Refunding
Series
1998A,
2.900%,
9/01/33
7/27
at
102.00
9,215,514
12,000
Missouri
Environmental
Improvement
and
Energy
Resources
Authority,
Revenue
Bonds,
Union
Electric
Company
Project,
Series
1998B,
2.900%,
9/01/33
7/27
at
102.00
10,607,785
15,085
Missouri
Environmental
Improvement
and
Energy
Resources
Authority,
Revenue
Bonds,
Union
Electric
Company
Project,
Series
1998C,
2.750%,
9/01/33
6/27
at
102.00
12,918,059
220
Missouri
Health
and
Educational
Facilities
Authority,
Educational
Facilities
Revenue
Bonds,
Saint
Louis
College
of
Pharmacy,
Series
2015B,
4.000%,
5/01/32
11/23
at
100.00
219,981
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Missouri
-
0.8%
(continued)
$
10,000
Missouri
Health
and
Educational
Facilities
Authority,
Health
Facilities
Revenue
Bonds,
SSM
Health
Care,
Series
2023A,
5.000%,
6/01/39,
(Mandatory
Put
6/01/28)
12/27
at
101.00
$
10,350,844
3,660
Missouri
Housing
Development
Commission,
Single
Family
Mortgage
Revenue
Bonds,
First
Place
Homeownership
Loan
Program,
Series
2019C,
2.750%,
11/01/39
5/29
at
100.00
3,040,203
1,500
Missouri
Housing
Development
Commission,
Single
Family
Mortgage
Revenue
Bonds,
First
Place
Homeownership
Loan
Program,
Series
2020A,
2.550%,
11/01/40
5/29
at
100.00
1,143,851
1,015
Missouri
Housing
Development
Commission,
Single
Family
Mortgage
Revenue
Bonds,
First
Place
Homeownership
Loan
Program,
Series
2021A,
2.150%,
11/01/41
5/30
at
100.00
678,886
4,215
Missouri
Housing
Development
Commission,
Single
Family
Mortgage
Revenue
Bonds,
First
Place
Homeownership
Loan
Program,
Series
2021B,
2.000%,
11/01/41
5/30
at
100.00
2,940,585
Missouri
Joint
Municipal
Electric
Utility
Commission,
Power
Project
Revenue
Bonds,
Iatan
2
Project,
Refunding
Series
2014A
:
1,365
5.000%,
1/01/25
1/24
at
100.00
1,368,239
2,590
5.000%,
1/01/26
1/24
at
100.00
2,590,036
1,010
5.000%,
1/01/32
1/24
at
100.00
995,878
1,025
Stoddard
County
Industrial
Development
Authority,
Missouri,
Health
Facility
Revenue
Bonds,
Southeasthealth,
Series
2016B,
6.000%,
3/01/37
10/23
at
103.00
1,056,824
Total
Missouri
59,352,779
Montana
-
0.4%
1,505
Cascade
County
High
School
District
A
Great
Falls,
Montana,
General
Obligation
Bonds,
School
Buidling
Series
2018,
5.000%,
7/01/38
7/28
at
100.00
1,560,212
25,675
Forsyth,
Montana
Pollution
Control
Revenue
Bonds,
Portland
General
Electric
Company
Project,
Refunding
Series
1998A,
2.125%,
5/01/33
3/30
at
102.00
20,268,482
2,630
Forsyth,
Rosebud
County,
Montana,
Pollution
Control
Revenue
Refunding
Bonds,
Northwestern
Corporation
Colstrip
Project,
Series
2023,
3.875%,
7/01/28
4/28
at
100.00
2,509,058
1,000
Gallatin
County
School
District
44
Belgrade,
Montana,
General
Obligation
Bonds,
School
Building
Series
2019,
4.000%,
6/01/33
6/29
at
100.00
1,002,493
1,045
Montana
Board
of
Housing,
Single
Family
Mortgage
Bonds,
Series
2021A-
1,
2.000%,
12/01/41
6/30
at
100.00
639,448
1,725
Montana
Board
of
Housing,
Single
Family
Mortgage
Bonds,
Series
2021B,
2.000%,
12/01/41
12/30
at
100.00
1,055,548
560
Montana
Facility
Finance
Authority,
Montana,
Health
Facilities
Reveue
Bonds,
Bozeman
Deaconess
Health
Services
Obligated
Group,
Series
2018,
3.250%,
6/01/32
6/28
at
100.00
493,467
Total
Montana
27,528,708
National
-
0.1%
5,212
Freddie
Mac
Multi-Family
ML
Certificates,
Series
ML
05,
Series
2019A,
3.400%,
1/25/36
2019
1
No
Opt.
Call
4,536,106
Total
National
4,536,106
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Nebraska
-
1.1%
$
6,640
Central
Plains
Energy
Project,
Nebraska,
Gas
Project
4
Revenue
Bonds,
Refunding
Series
2023A-1,
5.000%,
5/01/54,
(Mandatory
Put
11/01/29)
8/29
at
100.13
$
6,720,724
5,000
Central
Plains
Energy
Project,
Nebraska,
Gas
Project
4
Revenue
Bonds,
Series
2018A,
5.000%,
3/01/50,
(Mandatory
Put
1/01/24)
10/23
at
100.43
5,017,005
Douglas
County
Hospital
Authority
2,
Nebraska,
Hospital
Revenue
Bonds,
Madonna
Rehabilitation
Hospital
Project,
Series
2014
:
2,025
5.000%,
5/15/28
5/24
at
100.00
1,987,008
9,355
5.000%,
5/15/44
5/24
at
100.00
8,766,809
Madison
County
Hospital
Authority
1,
Nebraska,
Hospital
Revenue
Bonds,
Faith
Regional
Health
Services
Project,
Series
2018
:
1,250
5.000%,
7/01/24
No
Opt.
Call
1,252,030
530
5.000%,
7/01/25
No
Opt.
Call
531,701
750
5.000%,
7/01/26
7/25
at
100.00
755,034
200
5.000%,
7/01/27
7/25
at
100.00
201,743
835
5.000%,
7/01/28
7/25
at
100.00
841,899
485
5.000%,
7/01/29
7/25
at
100.00
488,170
1,000
5.000%,
7/01/30
7/25
at
100.00
1,006,457
180
5.000%,
7/01/33
7/25
at
100.00
181,112
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2019D
:
160
2.600%,
9/01/34
3/29
at
100.00
140,150
7,205
2.850%,
9/01/39
3/29
at
100.00
5,929,450
10,000
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2020A,
2.550%,
9/01/40
3/29
at
100.00
7,232,488
595
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2021A,
1.950%,
9/01/37
3/30
at
100.00
499,452
17,770
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2021C,
2.300%,
9/01/41
9/30
at
100.00
11,507,953
2,290
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2023A,
4.125%,
9/01/38
3/32
at
100.00
2,029,640
1,380
Papillion-LaVista
School
District
27,
Sarpy
County,
Nebraska,
General
Obligation
Bonds,
Refunding
Series
2020B,
4.000%,
12/01/26
No
Opt.
Call
1,391,241
8,160
Public
Power
Generation
Agency,
Nebraska,
Whelan
Energy
Center
Unit
2
Revenue
Bonds,
Refunding
Series
2016A,
5.000%,
1/01/32
7/26
at
100.00
8,341,131
1,760
Sarpy
County
School
District
037
Gretna
Public
Schools,
Nebraska,
General
Obligation
Bonds,
Refunding
Series
2019,
4.000%,
6/15/33
6/29
at
100.00
1,747,741
2,240
Sarpy
County,
Nebraska,
Limited
Tax
Highway
Allocation
Fund
Pledge
Bonds,
Series
2021,
2.000%,
6/01/27
6/26
at
100.00
2,027,182
6,320
Saunders
County
School
District
1,
Ashland-Greenwood,
Nebraska,
General
Obligation
Bonds,
Series
2021,
2.000%,
12/15/50
12/30
at
100.00
3,136,699
Scotts
Bluff
County
Hospital
Authority
1,
Nebraska,
Hospital
Revenue
Bonds,
Regional
West
Medical
Center
Project,
Refunding
&
Improvement
Series
2016A
:
3,660
5.250%,
2/01/28
2/27
at
100.00
3,632,982
1,355
5.250%,
2/01/29
2/27
at
100.00
1,345,128
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Nebraska
-
1.1%
(continued)
$
5,865
Southeast
Community
College
Area,
Nebraska,
Certificates
of
Participation,
Series
2018,
3.375%,
12/15/37
6/28
at
100.00
$
5,107,026
Total
Nebraska
81,817,955
Nevada
-
0.3%
5,285
(c)
Clark
County,
Nevada,
General
Obligation
Bonds,
Flood
Control
Series
2014,
4.000%,
11/01/33,
(Pre-refunded
11/01/24)
11/24
at
100.00
5,289,757
2,315
Director
of
Nevada
State
Department
of
Business
and
Industry,
Revenue
Bonds,
Brightline
West
Passenger
Rail
Project,
Series
2020A,
3.700%,
1/01/50,
(AMT),
(Mandatory
Put
1/31/24)
10/23
at
100.00
2,301,299
Henderson,
Nevada,
Limited
Obligation
Bonds,
Local
Improvement
District
T-18
Inspirada,
Refunding
Series
2016
:
1,715
4.000%,
9/01/32
9/26
at
100.00
1,562,286
2,235
4.000%,
9/01/35
9/26
at
100.00
1,962,045
3,585
Las
Vegas
Convention
and
Visitors
Authority,
Nevada,
Revenue
Bonds,
Refunding
Series
2017B,
4.000%,
7/01/34
7/27
at
100.00
3,504,382
2,860
Nevada
Housing
Division,
Single
Family
Housing
Mortgage
Revenue
Bonds,
Refunding
Series
2021A,
2.200%,
10/01/41
10/30
at
100.00
2,071,227
3,080
Sparks,
Nevada,
Sales
Tax
Revenue
Bonds,
Tourism
Improvement
District
1
Legends
at
Sparks
Marina,
Refunding
Senior
Series
2019A,
2.750%,
6/15/28,
144A
No
Opt.
Call
2,817,381
Total
Nevada
19,508,377
New
Hampshire
-
0.6%
16,439
National
Finance
Authority,
New
Hampshire,
Municipal
Certificates
Series
2020-1
Class
A,
4.125%,
1/20/34
No
Opt.
Call
15,300,035
10,717
National
Finance
Authority,
New
Hampshire,
Municipal
Certificates
Series
2022-2
Class
A,
4.000%,
10/20/36
2022
1
No
Opt.
Call
9,609,576
New
Hampshire
Business
Finance
Authority,
Pollution
Control
Revenue
Bonds,
United
Illuminating
Company,
Refunding
Series
2003A
:
14,000
4.500%,
10/01/33
,
(WI/DD)
No
Opt.
Call
13,862,435
1,145
(c)
New
Hampshire
Business
Finance
Authority,
Water
Facility
Revenue
Bonds,
Pennichuck
Water
Works
Inc.
Project
,
Series
2015A.,
4.250%,
1/01/36,
(Pre-refunded
1/01/26),
(AMT)
1/26
at
100.00
1,143,350
New
Hampshire
Health
and
Education
Facilities
Authority,
Revenue
Bonds,
Concord
Hospital,
Series
2021A
:
1,000
4.000%,
10/01/32
4/31
at
100.00
956,675
1,000
4.000%,
10/01/34
4/31
at
100.00
954,182
1,000
4.000%,
10/01/38
4/31
at
100.00
889,026
1,000
New
Hampshire
Health
and
Education
Facilities
Authority,
Revenue
Bonds,
Elliot
Hospital,
Series
2016,
5.000%,
10/01/38
10/26
at
100.00
946,649
920
New
Hampshire
Health
and
Education
Facilities
Authority,
Revenue
Bonds,
Southern
New
Hampshire
Medical
Center,
Series
2016,
3.500%,
10/01/34
10/26
at
100.00
830,760
Total
New
Hampshire
44,492,688
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
Jersey
-
3.8%
Camden
County
Improvement
Authority,
New
Jersey,
Health
Care
Redevelopment
Revenue
Bonds,
Cooper
Health
System
Obligated
Group
Issue,
Refunding
Series
2014A
:
$
2,500
(c)
5.000%,
2/15/30,
(Pre-refunded
2/15/24)
2/24
at
100.00
$
2,508,044
1,045
(c)
5.000%,
2/15/34,
(Pre-refunded
2/15/24)
2/24
at
100.00
1,048,363
Clifton,
New
Jersey,
General
Obligation
Bonds,
Refunding
Series
2021
:
1,110
2.000%,
8/15/29
-
BAM
Insured
8/28
at
100.00
947,754
2,075
2.000%,
8/15/30
-
BAM
Insured
8/28
at
100.00
1,731,293
2,060
2.000%,
8/15/31
-
BAM
Insured
8/28
at
100.00
1,676,647
East
Brunswick
Township,
Middlesex
County,
New
Jersey,
General
Obligation
Bonds,
Series
2021
:
1,095
2.000%,
2/15/26
No
Opt.
Call
1,024,119
1,385
2.000%,
2/15/27
No
Opt.
Call
1,260,608
1,355
2.000%,
2/15/30
2/29
at
100.00
1,154,572
1,370
Flemington-Raritan
Regional
School
District,
Hunterdon
County,
New
Jersey,
General
Obligation
Bonds,
Series
2019,
2.375%,
9/01/34
9/26
at
100.00
1,094,081
2,760
(c)
Gloucester
County
Pollution
Control
Financing
Authority,
New
Jersey,
Pollution
Control
Revenue
Bonds,
Logan
Project,
Refunding
Series
2014A,
5.000%,
12/01/24,
(AMT),
(ETM)
No
Opt.
Call
2,764,924
1,585
Gloucester
Township,
New
Jersey,
General
Obligation
Bonds,
Series
2019,
2.250%,
2/01/29
-
BAM
Insured
No
Opt.
Call
1,385,904
4,115
New
Jersey
Economic
Development
Authority,
New
Jersey,
Transit
Transportation
Project
Revenue
Bonds,
Series
2020A,
5.000%,
11/01/32
11/29
at
100.00
4,323,749
New
Jersey
Economic
Development
Authority,
Private
Activity
Bonds,
The
Goethals
Bridge
Replacement
Project,
Series
2013
:
1,350
5.000%,
1/01/28,
(AMT)
1/24
at
100.00
1,352,705
2,345
5.000%,
1/01/31
-
AGM
Insured,
(AMT)
1/24
at
100.00
2,350,003
2,000
5.375%,
1/01/43,
(AMT)
1/24
at
100.00
2,002,467
7,280
New
Jersey
Economic
Development
Authority,
Revenue
Bonds,
Motor
Vehicle
Surcharge,
Refunding
Subordinate
Series
2017A,
3.375%,
7/01/30
7/27
at
100.00
6,683,087
25,000
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Refunding
Series
2015XX,
5.000%,
6/15/27
6/25
at
100.00
25,318,925
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Social
Series
2021QQQ
:
700
5.000%,
6/15/26
No
Opt.
Call
716,830
455
5.000%,
6/15/27
No
Opt.
Call
471,101
430
5.000%,
6/15/28
No
Opt.
Call
450,107
5,000
New
Jersey
Economic
Development
Authority,
Special
Facility
Revenue
Bonds,
Port
Newark
Container
Terminal
LLC
Project,
Refunding
Series
2017,
5.000%,
10/01/47,
(AMT)
10/27
at
100.00
4,765,031
37,560
New
Jersey
Economic
Development
Authority,
Water
Facilities
Revenue
Bonds,
New
Jersey-American
Water
Company
Inc.
Project,
Refunding
Series
2019A,
2.200%,
10/01/39,
(AMT),
(Mandatory
Put
12/03/29)
12/29
at
100.00
31,024,075
4,745
New
Jersey
Economic
Development
Authority,
Water
Facilities
Revenue
Bonds,
New
Jersey-American
Water
Company
Inc.
Project,
Refunding
Series
2020B,
3.750%,
11/01/34,
(AMT),
(Mandatory
Put
6/01/28)
No
Opt.
Call
4,510,289
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
Jersey
-
3.8%
(continued)
$
3,345
New
Jersey
Health
Care
Facilities
Authority,
Revenue
Bonds,
Atlanticare
Health
System
Obligated
Group
Issue,
Series
2021,
2.375%,
7/01/46
7/31
at
100.00
$
1,915,553
1,000
New
Jersey
Health
Care
Facilities
Financing
Authority,
Revenue
Bonds,
Saint
Joseph's
Healthcare
System
Obligated
Group
Issue,
Refunding
Series
2016,
5.000%,
7/01/35
7/26
at
100.00
981,996
New
Jersey
Health
Care
Facilities
Financing
Authority,
Revenue
Bonds,
Virtua
Health
Inc
Series
2013
:
1,125
5.000%,
7/01/24
1/24
at
100.00
1,127,100
75
(c)
5.000%,
7/01/24,
(Pre-refunded
1/01/24)
1/24
at
100.00
75,165
New
Jersey
Higher
Education
Student
Assistance
Authority,
Student
Loan
Revenue
Bonds,
Senior
Lien
Series
2017-1A
:
600
3.500%,
12/01/29,
(AMT)
12/26
at
100.00
580,909
1,545
3.750%,
12/01/31,
(AMT)
12/26
at
100.00
1,513,797
1,575
4.000%,
12/01/32,
(AMT)
12/26
at
100.00
1,547,554
660
3.750%,
12/01/33,
(AMT)
12/26
at
100.00
646,670
515
New
Jersey
Housing
and
Mortgage
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Series
2018A,
3.750%,
10/01/35
10/27
at
100.00
481,602
New
Jersey
State,
General
Obligation
Bonds,
Covid-19
Emergency
Series
2020A
:
3,810
5.000%,
6/01/25
No
Opt.
Call
3,884,104
2,095
5.000%,
6/01/26
No
Opt.
Call
2,160,631
920
5.000%,
6/01/27
No
Opt.
Call
962,759
1,370
5.000%,
6/01/28
No
Opt.
Call
1,449,586
805
5.000%,
6/01/29
No
Opt.
Call
859,211
13,680
4.000%,
6/01/30
No
Opt.
Call
13,939,254
2,205
4.000%,
6/01/31
No
Opt.
Call
2,237,140
1,455
4.000%,
6/01/32
No
Opt.
Call
1,467,660
20
New
Jersey
Transportation
Trust
Fund
Authority,
Federal
Highway
Reimbursement
Revenue
Notes,
Series
2016A-1,
5.000%,
6/15/29
6/26
at
100.00
20,400
New
Jersey
Transportation
Trust
Fund
Authority,
Federal
Highway
Reimbursement
Revenue
Notes,
Series
2018A
:
6,270
5.000%,
6/15/24
No
Opt.
Call
6,303,670
8,725
5.000%,
6/15/29
6/26
at
100.00
8,899,483
5,635
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
Program
Bonds,
Forward
Delivery
Series
2022AA,
5.000%,
6/15/33
6/32
at
100.00
6,033,750
5,540
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
Program
Bonds,
Series
2022BB,
4.000%,
6/15/42
12/31
at
100.00
5,029,531
1,830
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Refunding
Series
2006C,
0.000%,
12/15/31
-
FGIC
Insured
No
Opt.
Call
1,272,583
11,585
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2010D,
5.000%,
12/15/23
No
Opt.
Call
11,599,950
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2015AA
:
1,910
5.250%,
6/15/33
6/25
at
100.00
1,935,341
2,210
5.250%,
6/15/34
6/25
at
100.00
2,237,797
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
Jersey
-
3.8%
(continued)
$
2,000
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2018A,
5.000%,
12/15/23
No
Opt.
Call
$
2,002,581
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2019A
:
7,530
5.000%,
12/15/25
No
Opt.
Call
7,680,740
420
5.000%,
12/15/26
No
Opt.
Call
433,021
10,230
5.000%,
12/15/33
12/29
at
100.00
10,769,952
6,360
4.000%,
12/15/39
12/29
at
100.00
5,861,393
9,240
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2019AA,
3.750%,
6/15/33
12/28
at
100.00
8,891,841
6,190
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2019BB,
5.000%,
6/15/33
12/28
at
100.00
6,410,909
2,500
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2020AA,
4.000%,
6/15/35
12/30
at
100.00
2,443,951
2,790
Ocean
City,
New
Jersey,
General
Obligation
Bonds,
General
Improvement
Series
2019,
2.250%,
9/15/33
9/26
at
100.00
2,242,140
2,340
Ocean
City,
New
Jersey,
General
Obligation
Bonds,
Refunding
General
Improvement
Series
2016,
1.000%,
11/15/28
11/24
at
100.00
1,997,633
740
(c)
Salem
County
Pollution
Control
Financing
Authority,
New
Jersey,
Pollution
Control
Revenue
Bonds,
Chambers
Project,
Refunding
Series
2014A,
5.000%,
12/01/23,
(AMT),
(ETM)
No
Opt.
Call
740,877
1,530
South
Orange
&
Maplewood
School
District,
Essex
County,
New
Jersey,
General
Obligation
Bonds,
Series
2021,
2.125%,
8/15/42
8/29
at
100.00
933,715
Tobacco
Settlement
Financing
Corporation,
New
Jersey,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2018A
:
5,000
5.000%,
6/01/28
No
Opt.
Call
5,176,019
14,590
5.000%,
6/01/29
6/28
at
100.00
15,084,880
3,320
5.000%,
6/01/30
6/28
at
100.00
3,431,352
6,205
5.000%,
6/01/36
6/28
at
100.00
6,338,391
11,265
4.000%,
6/01/37
6/28
at
100.00
10,558,245
2,580
Tobacco
Settlement
Financing
Corporation,
New
Jersey,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2018B,
5.000%,
6/01/46
6/28
at
100.00
2,401,221
2,585
Toms
River
Board
of
Education,
Ocean
County,
New
Jersey,
General
Obligation
Bonds,
Regional
Schools
Series
2019,
2.000%,
7/15/26
No
Opt.
Call
2,387,046
Total
New
Jersey
275,513,781
New
Mexico
-
0.4%
6,355
Farmington,
New
Mexico,
Pollution
Control
Revenue
Bonds,
Public
Service
Company
of
New
Mexico
San
Juan
and
Four
Corners
Projects,
Refunding
Series
2016B,
2.150%,
4/01/33
10/31
at
101.00
4,698,100
2,000
Farmington,
New
Mexico,
Pollution
Control
Revenue
Bonds,
Public
Service
Company
of
New
Mexico
San
Juan
Project,
Refunding
Series
2010D,
3.900%,
6/01/40,
(Mandatory
Put
6/01/28)
No
Opt.
Call
1,942,355
8,560
Farmington,
New
Mexico,
Pollution
Control
Revenue
Bonds,
Public
Service
Company
of
New
Mexico
San
Juan
Project,
Refunding
Series
2010E,
1.150%,
6/01/40,
(Mandatory
Put
6/01/24)
No
Opt.
Call
8,331,842
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
Mexico
-
0.4%
(continued)
$
1,170
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2018B,
3.750%,
7/01/38
7/27
at
100.00
$
1,085,945
3,110
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2018C,
3.750%,
7/01/38
1/28
at
100.00
2,886,571
3,305
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2019D,
3.000%,
7/01/39
1/29
at
100.00
2,759,729
1,550
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2019F,
2.850%,
7/01/39
1/29
at
100.00
1,201,307
2,485
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2021A,
2.150%,
7/01/41
7/30
at
100.00
1,744,613
4,845
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2021C,
2.100%,
7/01/41
7/30
at
100.00
3,502,970
3,490
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2021D,
2.350%,
7/01/41
1/31
at
100.00
2,396,472
750
Winrock
Town
Center
Tax
Increment
Development
District
1,
Albuquerque,
New
Mexico,
Gross
Receipts
Tax
Increment
Bonds,
Senior
Lien
Series
2022,
4.000%,
5/01/33,
144A
5/29
at
103.00
641,339
Total
New
Mexico
31,191,243
New
York
-
5.2%
Albany
County
Airport
Authority,
New
York,
Airport
Revenue
Bonds,
Refunding
Series
2020B.
Forward
Delivery
:
1,225
5.000%,
12/15/23,
(AMT)
No
Opt.
Call
1,225,569
1,145
5.000%,
12/15/24,
(AMT)
No
Opt.
Call
1,150,181
1,515
Albany
County,
New
York,
General
Obligation
Bonds,
Refunding
Forward
Delivery
Series
2019C,
5.000%,
11/01/23
No
Opt.
Call
1,516,370
2,750
Battery
Park
City
Authority,
New
York,
Revenue
Bonds,
Senior
Series
2023B,
5.000%,
11/01/35
11/33
at
100.00
3,060,300
Buffalo
and
Fort
Erie
Public
Bridge
Authority,
New
York,
Toll
Bridge
System
Revenue
Bonds,
Refunding
Series
2014
:
300
5.000%,
1/01/24
No
Opt.
Call
300,666
500
5.000%,
1/01/25
No
Opt.
Call
506,351
650
Build
NYC
Resource
Corporation,
New
York,
Revenue
Bonds,
Albert
Einstein
College
of
Medicine,
Inc,
Series
2023,
7.250%,
6/01/55,
144A
12/30
at
100.00
621,299
3,390
Build
NYC
Resource
Corporation,
New
York,
Revenue
Bonds,
Family
Life
Academy
Charter
School,
Series
2020A-1,
5.250%,
6/01/40,
144A
12/30
at
100.00
2,745,594
4,360
Build
NYC
Resource
Corporation,
New
York,
Revenue
Bonds,
Family
Life
Academy
Charter
School,
Series
2020B-1,
5.000%,
6/01/40,
144A
12/30
at
100.00
3,426,639
5,000
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Northwell
Healthcare
Inc,
Series
2019B-1,
1.800%,
5/01/48,
(Mandatory
Put
11/01/28)
5/28
at
100.00
4,444,631
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Orange
Regional
Medical
Center
Obligated
Group,
Series
2017
:
1,900
5.000%,
12/01/25,
144A
No
Opt.
Call
1,867,955
1,400
5.000%,
12/01/27,
144A
6/27
at
100.00
1,359,219
1,300
5.000%,
12/01/29,
144A
6/27
at
100.00
1,246,001
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
5.2%
(continued)
$
6,965
Dormitory
Authority
of
the
State
of
New
York,
State
Personal
Income
Tax
Revenue
Bonds,
General
Purpose,
Series
2018A,
5.000%,
3/15/28
No
Opt.
Call
$
7,367,022
5,845
Long
Island
Power
Authority,
New
York,
Electric
System
General
Revenue
Bonds,
Notes
Series
2021,
1.000%,
9/01/25
10/23
at
100.00
5,411,878
6,000
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Green
Climate
Bond
Certified
Series
2020D-1,
5.000%,
11/15/43
11/30
at
100.00
5,998,262
865
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Refunding
Green
Climate
Certified
Series
2017C-1,
5.000%,
11/15/24
No
Opt.
Call
872,349
2,380
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Refunding
Green
Climate
Certified
Series
2020E,
5.000%,
11/15/33
11/30
at
100.00
2,495,969
1,110
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Refunding
Series
2016D,
5.000%,
11/15/31
11/26
at
100.00
1,127,581
5,000
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Series
2014B,
5.250%,
11/15/37
5/24
at
100.00
5,000,411
5,495
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Series
2015A-1,
5.000%,
11/15/36
5/25
at
100.00
5,473,784
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Series
2021A-2
:
12,300
4.000%,
11/15/41
5/31
at
100.00
10,827,274
6,000
4.000%,
11/15/42
5/31
at
100.00
5,219,837
Monroe
County
Industrial
Development
Corporation,
New
York,
Revenue
Bonds,
Saint
Ann's
Community
Project,
Series
2019
:
1,535
4.000%,
1/01/30
1/26
at
103.00
1,378,427
1,910
5.000%,
1/01/40
1/26
at
103.00
1,614,778
Nassau
County
Local
Economic
Assistance
Corporation,
New
York,
Revenue
Bonds,
Catholic
Health
Services
of
Long
Island
Obligated
Group
Project,
Series
2014
:
1,525
5.000%,
7/01/28
7/24
at
100.00
1,533,327
1,000
5.000%,
7/01/29
7/24
at
100.00
1,004,779
Nassau
County
Local
Economic
Assistance
Corporation,
New
York,
Revenue
Bonds,
Catholic
Health
Services
of
Long
Island
Obligated
Group
Project,
Series
2014B
:
655
5.000%,
7/01/30
7/24
at
100.00
657,630
2,455
5.000%,
7/01/32
7/24
at
100.00
2,461,213
7,710
New
York
City
Housing
Development
Corporation,
New
York,
Multifamily
Housing
Revenue
Bonds,
Sustainable
Neighborhood
Series
2019A-3A,
1.125%,
5/01/60,
(Mandatory
Put
11/01/24)
10/23
at
100.00
7,410,185
New
York
City
Industrial
Development
Agency,
New
York,
PILOT
Payment
in
Lieu
of
Taxes
Revenue
Bonds,
Queens
Baseball
Stadium
Project,
Refunding
Series
2021A
:
1,630
4.000%,
1/01/32
-
AGM
Insured
1/31
at
100.00
1,615,547
1,045
3.000%,
1/01/33
-
AGM
Insured
1/31
at
100.00
901,468
5,000
New
York
City
Transitional
Finance
Authority,
New
York,
Future
Tax
Secured
Bonds,
Subordinate
Fiscal
2014
Series
D-1,
5.000%,
2/01/38
2/24
at
100.00
5,006,274
1,400
New
York
City
Transitional
Finance
Authority,
New
York,
Future
Tax
Secured
Bonds,
Subordinate
Fiscal
Series
2023B-1,
5.000%,
11/01/25
No
Opt.
Call
1,435,655
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
5.2%
(continued)
$
2,485
New
York
City
Transitional
Finance
Authority,
New
York,
Future
Tax
Secured
Bonds,
Subordinate
Series
2024B,
5.000%,
5/01/38
11/33
at
100.00
$
2,625,457
10,640
New
York
City,
New
York,
General
Obligation
Bonds,
Refunding
Fiscal
2015
Series
C,
5.000%,
8/01/29
2/25
at
100.00
10,770,214
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Climate
Bond
Certified/Green
Bond
Series
2018I
:
600
3.625%,
11/01/33
11/27
at
100.00
567,101
2,000
3.875%,
11/01/38
11/27
at
100.00
1,748,338
2,335
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Climate
Bond
Certified/Sustainability
Green
Series
2020J,
0.750%,
5/01/25
10/23
at
100.00
2,191,781
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Climate
Bond
Certified/Sustainability
Series
2019P
:
2,040
2.600%,
11/01/34
5/28
at
100.00
1,669,663
10,105
2.850%,
11/01/39
5/28
at
100.00
7,612,825
8,845
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Refunding
Series
2019C,
3.850%,
11/01/39
5/28
at
100.00
7,636,578
17,620
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Refunding
Series
2020H,
2.300%,
11/01/40
5/29
at
100.00
11,925,540
2,600
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Series
2019E,
2.125%,
11/01/23
10/23
at
100.00
2,595,713
10,405
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
223,
3.000%,
10/01/39
10/28
at
100.00
8,201,261
10,175
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
225,
2.300%,
10/01/40
10/29
at
100.00
6,684,787
6,000
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
227,
2.300%,
10/01/40
10/29
at
100.00
3,977,882
21,935
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
231,
2.400%,
10/01/41
4/30
at
100.00
14,473,599
5,335
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
233,
2.200%,
4/01/36
4/30
at
100.00
3,885,984
12,255
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Social
Series
239,
2.450%,
10/01/41
10/30
at
100.00
8,156,464
New
York
Transportation
Development
Corporation,
New
York,
Special
Facilities
Bonds,
LaGuardia
Airport
Terminal
B
Redevelopment
Project,
Series
2016A
:
1,440
5.000%,
7/01/30,
(AMT)
7/24
at
100.00
1,436,936
1,345
4.000%,
7/01/32,
(AMT)
7/24
at
100.00
1,256,900
8,075
4.000%,
7/01/33,
(AMT)
7/24
at
100.00
7,497,197
9,735
5.000%,
7/01/34,
(AMT)
7/24
at
100.00
9,648,653
21,140
5.000%,
7/01/41,
(AMT)
7/24
at
100.00
20,598,429
2,690
4.000%,
7/01/46
-
AGM
Insured,
(AMT)
7/24
at
100.00
2,259,434
13,020
5.000%,
7/01/46,
(AMT)
7/24
at
100.00
12,392,750
25,000
5.250%,
1/01/50,
(AMT)
7/24
at
100.00
24,537,630
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
5.2%
(continued)
$
2,650
New
York
Transportation
Development
Corporation,
New
York,
Special
Facility
Revenue
Bonds,
American
Airlines,
Inc.
John
F
Kennedy
International
Airport
Project,
Refunding
Series
2016,
5.000%,
8/01/26,
(AMT)
10/23
at
100.00
$
2,634,619
7,800
New
York
Transportation
Development
Corporation,
New
York,
Special
Facility
Revenue
Bonds,
Terminal
4
John
F
Kennedy
International
Airport
Project,
Series
2022,
5.000%,
12/01/29,
(AMT)
No
Opt.
Call
8,001,267
17,520
New
York
Transportation
Development
Corporation,
Special
Facility
Revenue
Bonds,
Delta
Air
Lines,
Inc.
-
LaGuardia
Airport
Terminals
C&D
Redevelopment
Project,
Series
2018,
4.000%,
1/01/36,
(AMT)
1/28
at
100.00
16,167,652
10,300
(c)
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
One
Hundred
Seventy
Ninth
Series
2013,
5.000%,
12/01/25,
(Pre-refunded
12/14/23)
12/23
at
100.00
10,319,173
6,400
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
Two
Hundred
Seventh
Series
2018,
5.000%,
9/15/25,
(AMT)
No
Opt.
Call
6,484,492
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
Two
Hundred
Thirty-Eighth
Series
2023
:
4,375
5.000%,
7/15/35,
(AMT)
7/33
at
100.00
4,664,114
3,180
5.000%,
7/15/36,
(AMT)
7/33
at
100.00
3,353,374
1,910
5.000%,
7/15/37,
(AMT)
7/33
at
100.00
1,992,749
Suffolk
County
Economic
Development
Corporation,
New
York,
Revenue
Bonds,
Catholic
Health
Services
of
Long
Island
Obligated
Group
Project,
Series
2014
:
2,435
5.000%,
7/01/28
7/24
at
100.00
2,448,297
2,695
5.000%,
7/01/29
7/24
at
100.00
2,707,878
4,200
5.000%,
7/01/30
7/24
at
100.00
4,216,865
2,100
5.000%,
7/01/31
7/24
at
100.00
2,106,867
1,335
5.000%,
7/01/32
7/24
at
100.00
1,338,379
3,080
5.000%,
7/01/33
7/24
at
100.00
3,087,288
135
Triborough
Bridge
and
Tunnel
Authority,
New
York,
Payroll
Mobility
Tax
Bond
Anticipation
Notes,
Series
2022A,
5.000%,
8/15/24
No
Opt.
Call
136,254
595
Triborough
Bridge
and
Tunnel
Authority,
New
York,
Payroll
Mobility
Tax
Bond
Anticipation
Notes,
Series
2022B,
5.000%,
12/16/24
No
Opt.
Call
602,849
6,300
Triborough
Bridge
and
Tunnel
Authority,
New
York,
Payroll
Mobility
Tax
Bonds,
MTA
Bridges
and
Tunnels,
Senior
Lien
Green
Climate
Bond
Certified
Series
2023B,
5.000%,
11/15/30
8/30
at
100.00
6,793,432
3,750
Triborough
Bridge
and
Tunnel
Authority,
New
York,
Payroll
Mobility
Tax
Bonds,
Senior
Lien
Green
Bonds,
Series
2022D-2,
5.000%,
11/15/39
11/32
at
100.00
3,920,415
Troy
Capital
Resource
Corporation,
New
York, Revenue
Bonds,
Rensselaer
Polytechnic
Institute,
Refunding
Series
2020A.
Forward
Delivery
:
1,835
5.000%,
9/01/24
No
Opt.
Call
1,842,436
2,000
5.000%,
9/01/25
No
Opt.
Call
2,023,187
11,465
Westchester
County
Local
Development
Corporation,
New
York,
Revenue
Bond,
Purchase
Senior
Learning
Community,
Inc.
Project,
Accd
Inv,
Series
2021B-EFRB,
3.600%,
7/01/29
No
Opt.
Call
10,229,744
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
5.2%
(continued)
$
9,175
Westchester
County
Local
Development
Corporation,
New
York,
Revenue
Bond,
Purchase
Senior
Learning
Community,
Inc.
Project,
Accd
Inv,
Series
2021C-EFRB,
3.200%,
7/01/28,
144A
No
Opt.
Call
$
8,484,973
Total
New
York
376,191,845
North
Carolina
-
0.4%
2,395
Columbus
County
Industrial
Facilities
and
Pollution
Control
Financing
Authority,
North
Carolina,
Recovery
Zone
Facility
Bonds,
International
Paper
Company
Project,
Refunding
Series
2020A,
1.375%,
5/01/34,
(Mandatory
Put
6/16/25)
No
Opt.
Call
2,278,471
3,110
North
Carolina
Housing
Finance
Agency,
Home
Ownership
Revenue
Bonds,
1998
Trust
Agreement,
Series
2019-42,
2.625%,
7/01/39
7/28
at
100.00
2,325,806
4,640
North
Carolina
Housing
Finance
Agency,
Home
Ownership
Revenue
Bonds,
1998
Trust
Agreement,
Series
2020-43,
2.800%,
1/01/40
1/29
at
100.00
3,609,011
12,735
North
Carolina
Housing
Finance
Agency,
Home
Ownership
Revenue
Bonds,
1998
Trust
Agreement,
Series
2021-47,
2.300%,
7/01/41
7/30
at
100.00
8,497,064
11,625
North
Carolina
Municipal
Power
Agency
1,
Catawba
Electric
Revenue
Bonds,
Series
2015C,
5.000%,
1/01/29
1/26
at
100.00
11,842,268
2,500
(c)
North
Carolina
Turnpike
Authority,
Triangle
Expressway
System
Revenue
Bonds,
Bond
Anticipation
Bond
Senior
Lien
Series
2020,
5.000%,
2/01/24,
(ETM)
No
Opt.
Call
2,503,871
Total
North
Carolina
31,056,491
North
Dakota
-
1.1%
5,395
Cass
County
Joint
Water
Reserve
District,
North
Dakota,
Temporary
Improvement Special
Assessment
Bonds,
Refunding
Series
2021A,
0.480%,
5/01/24
10/23
at
100.00
5,218,546
Fargo,
North
Dakota,
General
Obligation
Bonds,
Refunding
Improvement
Series
2021A
:
1,250
4.000%,
5/01/26
5/25
at
100.00
1,253,264
1,320
4.000%,
5/01/27
5/25
at
100.00
1,324,401
1,385
4.000%,
5/01/28
5/25
at
100.00
1,389,407
Grand
Forks,
North
Dakota,
Health
Care
System
Revenue
Bonds,
Altru
Health
System
Obligated
Group,
Series
2021
:
5,690
5.000%,
12/01/32
12/31
at
100.00
5,660,227
5,920
5.000%,
12/01/33
12/31
at
100.00
5,873,530
2,675
5.000%,
12/01/34
12/31
at
100.00
2,638,585
Horace,
Cass
County,
North
Dakota,
General
Obligation
Bonds,
Refunding
Improvement
Series
2021
:
500
3.000%,
5/01/33
5/27
at
100.00
404,321
500
3.000%,
5/01/36
5/27
at
100.00
381,746
3,440
3.000%,
5/01/46
5/27
at
100.00
2,171,458
9,685
Horace,
Cass
County,
North
Dakota,
General
Obligation
Bonds,
Refunding
Improvement
Series
2023B,,
5.125%,
7/01/25
7/24
at
100.00
9,716,760
2,600
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Series
2019C,
3.200%,
7/01/39
7/28
at
100.00
2,212,295
2,450
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Series
2020A,
3.000%,
7/01/40
7/29
at
100.00
1,904,550
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
North
Dakota
-
1.1%
(continued)
$
4,535
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Series
2020B,
2.350%,
7/01/40
1/30
at
100.00
$
3,390,225
6,900
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Series
2021A,
2.250%,
7/01/41
7/30
at
100.00
4,533,456
10,000
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Social
Series
2021B,
2.450%,
7/01/41
1/31
at
100.00
6,772,360
Ward
County
Health
Care,
North
Dakota,
Revenue
Bonds,
Trinity
Obligated
Group,
Series
2017C
:
3,785
5.000%,
6/01/28
No
Opt.
Call
3,569,228
3,000
5.000%,
6/01/29
6/28
at
100.00
2,800,087
1,260
5.000%,
6/01/31
6/28
at
100.00
1,152,336
3,480
5.000%,
6/01/34
6/28
at
100.00
3,093,824
10,980
5.000%,
6/01/38
6/28
at
100.00
9,062,843
3,300
5.000%,
6/01/43
6/28
at
100.00
2,545,123
Total
North
Dakota
77,068,572
Ohio
-
4.4%
2,760
American
Municipal
Power
Inc.,
Ohio,
Fremont
Energy
Center
Revenue
Bonds,
Refunding
Series
2021A,
5.000%,
2/15/33
2/31
at
100.00
2,920,122
Buckeye
Tobacco
Settlement
Financing
Authority,
Ohio,
Tobacco
Settlement
Asset-Backed
Revenue
Bonds,
Refunding
Senior
Lien
Series
2020A-2
Class
1
:
4,450
5.000%,
6/01/27
No
Opt.
Call
4,590,739
14,950
5.000%,
6/01/28
No
Opt.
Call
15,579,210
8,905
5.000%,
6/01/29
No
Opt.
Call
9,360,877
16,410
5.000%,
6/01/30
No
Opt.
Call
17,380,102
14,310
5.000%,
6/01/31
6/30
at
100.00
15,138,792
3,600
5.000%,
6/01/32
6/30
at
100.00
3,802,035
10,715
5.000%,
6/01/33
6/30
at
100.00
11,297,124
3,610
5.000%,
6/01/34
6/30
at
100.00
3,801,709
4,830
5.000%,
6/01/35
6/30
at
100.00
5,080,800
9,235
4.000%,
6/01/37
6/30
at
100.00
8,863,000
4,060
4.000%,
6/01/38
6/30
at
100.00
3,836,699
2,155
4.000%,
6/01/39
6/30
at
100.00
2,013,955
8,670
3.000%,
6/01/48
6/30
at
100.00
6,045,212
5,775
4.000%,
6/01/48
6/30
at
100.00
4,885,185
12,960
Buckeye
Tobacco
Settlement
Financing
Authority,
Ohio,
Tobacco
Settlement
Asset-Backed
Revenue
Bonds,
Refunding
Senior
Lien
Series
2020B-2
Class
2,
5.000%,
6/01/55
6/30
at
100.00
11,180,212
Cleveland,
Ohio,
Airport
System
Revenue
Bonds,
Refunding
Series
2016A
:
1,590
5.000%,
1/01/28
-
AGM
Insured
1/25
at
100.00
1,610,827
2,230
5.000%,
1/01/29
-
AGM
Insured
1/25
at
100.00
2,257,846
2,060
5.000%,
1/01/30
-
AGM
Insured
1/25
at
100.00
2,084,023
1,810
5.000%,
1/01/31
-
AGM
Insured
1/25
at
100.00
1,831,044
45
Columbus,
Ohio,
General
Obligation
Bonds,
Various
Purpose
Series
2018A,
5.000%,
4/01/30
10/28
at
100.00
48,025
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Ohio
-
4.4%
(continued)
$
1,080
Montgomery
County,
Ohio,
Hospital
Facilities
Revenue
Bonds,
Kettering
Health
Network
Obligated
Group
Project,
Refunding
&
Improvement
Series
2021,
3.000%,
8/01/40
2/31
at
100.00
$
786,955
6,490
Muskingum
County,
Ohio,
Hospital
Facilities
Revenue
Bonds,
Genesis
HealthCare
System
Obligated
Group
Project,
Series
2013,
5.000%,
2/15/27
10/23
at
100.00
6,343,053
2,940
(e)
Ohio
Air
Quality
Development
Authority,
Ohio,
Air
Quality
Development
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Series
2009A,
5.700%,
8/01/24
No
Opt.
Call
294
1,400
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Refunding
Series
2009B,
3.100%,
9/01/24
No
Opt.
Call
140
7,000
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Refunding
Series
2009D,
3.375%,
8/01/29,
(Mandatory
Put
9/15/21)
No
Opt.
Call
6,227,306
28,740
(e)
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
3.750%,
12/01/23
No
Opt.
Call
2,874
915
(e)
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Corporation
Project,
Refunding
Series
2010A,
3.125%,
7/01/33
No
Opt.
Call
91
3,610
(e)
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2006B,
3.625%,
12/01/33
No
Opt.
Call
361
250
(e)
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2008C,
3.950%,
11/01/32
No
Opt.
Call
25
2,200
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2009A,
4.750%,
6/01/33,
(Mandatory
Put
6/01/22)
No
Opt.
Call
2,044,905
14,735
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2005A,
2.100%,
1/01/29,
(AMT),
(Mandatory
Put
10/01/24)
No
Opt.
Call
14,234,899
20,015
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2005C,
2.100%,
4/01/28,
(AMT),
(Mandatory
Put
10/01/24)
No
Opt.
Call
19,335,697
25,825
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2007A,
2.500%,
8/01/40,
(AMT),
(Mandatory
Put
10/01/29)
No
Opt.
Call
21,580,049
18,600
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2007B,
2.500%,
11/01/42,
(AMT),
(Mandatory
Put
10/01/29)
No
Opt.
Call
15,542,649
12,540
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2014B,
2.600%,
6/01/41,
(AMT),
(Mandatory
Put
10/01/29)
10/24
at
100.00
10,541,520
6,015
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2014D,
1.900%,
5/01/26,
(Mandatory
Put
10/01/24)
No
Opt.
Call
5,799,378
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Ohio
-
4.4%
(continued)
$
16,950
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
Dayton
Power
&
Light
Company
Project,
Refunding
Collateralized
Series
2015A,
4.250%,
11/01/40,
(AMT),
(Mandatory
Put
6/01/27)
No
Opt.
Call
$
16,483,622
2,610
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
Dueke
Energy
Corporation
Project,
Refunding
Series
2022A,
4.250%,
11/01/39,
(AMT),
(Mandatory
Put
6/01/27)
No
Opt.
Call
2,554,362
430
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
Pratt
Paper
Ohio,
LLC
Project,
Series
2017,
3.750%,
1/15/28,
(AMT),
144A
No
Opt.
Call
421,805
5,085
Ohio
Higher
Educational
Facility
Commission,
Revenue
Bonds,
Case
Western
Reserve
University
Project,
Series
2019C,
1.625%,
12/01/34,
(Mandatory
Put
12/01/26)
6/26
at
100.00
4,666,598
1,815
Ohio
Higher
Educational
Facility
Commission,
Senior
Hospital
Parking
Revenue
Bonds,
University
Circle
Incorporated
2020
Project,
Series
2020,
5.000%,
1/15/36
1/30
at
100.00
1,791,927
1,950
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2019B,
3.000%,
9/01/39
9/28
at
100.00
1,545,244
2,865
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2020A,
2.750%,
9/01/40
3/29
at
100.00
2,483,889
1,390
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2020B,
2.250%,
9/01/40
9/29
at
100.00
1,067,086
3,630
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2021A,
2.250%,
9/01/41
3/30
at
100.00
2,417,053
4,875
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2021C,
2.450%,
9/01/41
9/30
at
100.00
3,350,444
8,500
Ohio
State,
Hospital
Revenue
Bonds,
University
Hospitals
Health
System,
Inc.,
Refunding
Series
2016A,
5.000%,
1/15/41
1/26
at
100.00
8,325,839
15,555
Ohio
State,
Hospital
Revenue
Bonds,
University
Hospitals
Health
System,
Inc.,
Variable
Rate
Series
2020B,
5.000%,
1/15/50,
(Mandatory
Put
1/15/25)
1/25
at
100.00
15,689,317
3,855
(e)
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generating
Corporation
Project,
Refunding
Series
2006A,
3.000%,
5/15/49
No
Opt.
Call
386
8,500
(e)
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Refunding
Series
2005B,
4.000%,
1/01/34
No
Opt.
Call
850
8,645
(e)
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Refunding
Series
2010A,
3.750%,
7/01/33
No
Opt.
Call
865
1,945
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Refunding
Series
2010C,
4.000%,
6/01/33
No
Opt.
Call
194
2,355
(e)
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2006B,
4.000%,
12/01/33
No
Opt.
Call
236
3,750
Toledo-Lucas
County
Port
Authority,
Ohio,
Development
Revenue
Bonds,
Northwest
Ohio
Bond
Fund,
HB
Magruder
Memorial
Hospital
Project,
Series
2021F,
2.250%,
11/15/36
5/28
at
100.00
2,690,841
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Ohio
-
4.4%
(continued)
$
1,350
Tuscarawas
County
Economic
Development
and
Finance
Alliance,
Ohio,
Higher
Education
Facilities
Revenue
Bonds,
Ashland
University,
Refunding
&
Improvement
Series
2015,
5.375%,
3/01/27
3/25
at
100.00
$
1,325,053
5,000
(c)
Van
Wert
County
Hospital,
Ohio,
Revenue
Bonds,
Van
Wert
Health
Obligated
Group
Refunding
Facilities
Improvement
Series
2020,
6.125%,
12/01/49,
(Pre-refunded
12/01/29)
12/29
at
100.00
5,522,593
11,700
Washington
County,
Ohio,
Hospital
Facilities
Revenue
Bonds,
Memorial
Health
System
Obligated
Group,
Series
2022,
6.375%,
12/01/37
12/32
at
100.00
11,109,266
Total
Ohio
317,495,204
Oklahoma
-
2.5%
1,060
Bryan
County
School
Finance
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Durant
Public
Schools
Project,
Refunding
Series
2020,
4.000%,
12/01/28
No
Opt.
Call
1,069,020
Bryan
County
School
Finance
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Durant
Public
Schools
Project,
Series
2020
:
1,775
2.000%,
9/01/28
No
Opt.
Call
1,552,861
1,850
2.000%,
9/01/29
No
Opt.
Call
1,580,303
1,800
2.750%,
9/01/30
No
Opt.
Call
1,634,725
1,790
2.750%,
9/01/31
9/30
at
100.00
1,608,933
295
Canadian
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Mustang
Public
Schools
Project,
Series
2017,
4.000%,
9/01/24
No
Opt.
Call
294,962
Carter
County
Public
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Plainview
Public
Schools
Project,
Series
2021A
:
740
4.000%,
12/01/33
12/31
at
100.00
735,329
1,670
4.000%,
12/01/34
12/31
at
100.00
1,657,110
1,585
4.000%,
12/01/35
12/31
at
100.00
1,556,482
Cleveland
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Moore
Public
Schools
Project,
Series
2021
:
1,405
4.000%,
6/01/29
No
Opt.
Call
1,420,512
10,000
4.000%,
6/01/31
No
Opt.
Call
10,086,066
Cleveland
County
Public
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Moore
Norman
Technology
Center
Project,
Series
2021
:
910
4.000%,
5/01/27
No
Opt.
Call
917,176
945
4.000%,
5/01/28
No
Opt.
Call
954,136
960
4.000%,
5/01/29
No
Opt.
Call
970,031
875
4.000%,
5/01/30
No
Opt.
Call
879,723
690
4.000%,
5/01/31
No
Opt.
Call
694,549
930
4.000%,
5/01/32
5/31
at
100.00
930,716
800
4.000%,
5/01/33
5/31
at
100.00
799,973
900
4.000%,
5/01/34
5/31
at
100.00
902,431
1,070
4.000%,
5/01/35
5/31
at
100.00
1,067,402
Comanche
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Elgin
Public
Schools
Project,
Series
2017A
:
1,470
5.000%,
12/01/28
12/27
at
100.00
1,546,899
1,410
5.000%,
12/01/31
12/27
at
100.00
1,484,771
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Oklahoma
-
2.5%
(continued)
Garfield
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Enid
Public
Schools
Project,
Series
2016A
:
$
3,165
5.000%,
9/01/30
9/26
at
100.00
$
3,229,194
5,290
5.000%,
9/01/31
9/26
at
100.00
5,388,588
3,125
Garvin
County
Educational
Facilities
Authority,
Oklahoma,
Lease
Revenue
Bonds,
Wynnewood
Public
Schools
Project,
Series
2018,
3.625%,
9/01/36
9/28
at
100.00
2,818,139
Grady
County
School
Finance
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Amber-Pocasset
Public
Schools
Project,
Series
2019
:
1,365
4.000%,
9/01/32
9/29
at
100.00
1,325,968
1,485
4.000%,
9/01/34
9/29
at
100.00
1,399,614
1,000
4.000%,
9/01/36
9/29
at
100.00
898,627
Grady
County
School
Finance
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Tuttle
Public
Schools
Project,
Series
2019
:
1,880
4.000%,
9/01/32
9/29
at
100.00
1,826,242
1,605
4.000%,
9/01/33
9/29
at
100.00
1,579,103
1,000
4.000%,
9/01/34
9/29
at
100.00
975,025
Lincoln
County
Educational
Facilities
Authority,
Oklahoma,
Lease
Revenue
Bonds,
Stroud
Public
Schools
Project,
Series
2016
:
1,870
5.000%,
9/01/24
No
Opt.
Call
1,883,560
2,490
5.000%,
9/01/26
No
Opt.
Call
2,551,310
Love
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Marietta
Public
Schools
Project,
Series
2021
:
890
4.000%,
12/01/33
12/31
at
100.00
880,732
920
4.000%,
12/01/34
12/31
at
100.00
909,649
960
4.000%,
12/01/35
12/31
at
100.00
936,468
McClain
County
Economic
Development
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Purcell
Public
Schools
Project,
Series
2018
:
1,280
5.000%,
9/01/30
9/28
at
100.00
1,342,077
1,565
5.000%,
9/01/34
9/28
at
100.00
1,648,237
6,140
Oklahoma
City,
Oklahoma,
General
Obligation
Bonds,
Series
2021,
2.000%,
3/01/25
No
Opt.
Call
5,927,563
1,195
Oklahoma
County
Finance
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Western
Heights
Public
Schools
Project,
Series
2018A,
5.000%,
9/01/24
No
Opt.
Call
1,203,559
9,265
Oklahoma
County
Independent
School
District
12
Edmond,
General
Obligation
Bonds,
Combined
Purpose
Series
2023,
3.000%,
3/01/25
No
Opt.
Call
9,066,332
Oklahoma
Development
Finance
Authority,
Health
System
Revenue
Bonds,
OU
Medicine
Project,
Series
2018B
:
590
5.000%,
8/15/28
No
Opt.
Call
565,827
9,505
5.000%,
8/15/33
8/28
at
100.00
8,735,496
9,650
5.000%,
8/15/38
8/28
at
100.00
8,610,572
3,795
5.250%,
8/15/43
8/28
at
100.00
3,401,951
2,470
5.500%,
8/15/57
8/28
at
100.00
2,183,148
4,975
Oklahoma
Development
Finance
Authority,
Health
System
Revenue
Bonds,
OU
Medicine
Project,
Taxable
Series
2022,
5.500%,
8/15/37
8/32
at
100.00
4,537,337
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Oklahoma
-
2.5%
(continued)
$
970
Oklahoma
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Homeownership
Loan
Program,
Series
2019A,
3.000%,
9/01/39
3/28
at
100.00
$
844,664
1,240
Oklahoma
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Homeownership
Loan
Program,
Series
2020A,
3.000%,
9/01/40
3/29
at
100.00
1,182,228
Pontotoc
County
Educational
Facilities
Authority,
Oklahoma,
Facilities
Lease
Revenue
Bonds,
Ada
Public
Schools
Project,
Series
2014
:
630
5.000%,
9/01/24
No
Opt.
Call
633,840
1,505
5.000%,
9/01/25
No
Opt.
Call
1,525,204
Pontotoc
County
Educational
Facilities
Authority,
Oklahoma,
Facilities
Lease
Revenue
Bonds,
Ada
Public
Schools
Project,
Series
2021
:
745
4.000%,
9/01/29
No
Opt.
Call
740,981
425
4.000%,
9/01/30
No
Opt.
Call
421,273
985
4.000%,
9/01/31
No
Opt.
Call
969,934
7,800
Tulsa
County
Independent
School
District
001
Tulsa,
Oklahoma,
General
Obligation
Bonds,
Combined
Purpose
Series
2022A,
2.000%,
3/01/27
No
Opt.
Call
7,092,996
Tulsa
County
Industrial
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Berryhill
Public
Schools
Project,
Series
2020
:
1,540
2.000%,
9/01/27
No
Opt.
Call
1,380,070
1,605
2.000%,
9/01/28
No
Opt.
Call
1,404,136
1,670
2.000%,
9/01/29
No
Opt.
Call
1,426,544
3,150
2.000%,
9/01/30
No
Opt.
Call
2,618,879
Tulsa
County
Industrial
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Broken
Arrow
Public
Schools
Project,
Series
2016
:
3,840
5.000%,
9/01/25
10/23
at
100.00
3,842,689
10,755
5.000%,
9/01/26
10/23
at
100.00
10,761,337
Tulsa
County
Industrial
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Broken
Arrow
Public
Schools
Project,
Series
2021A
:
8,070
4.000%,
9/01/30
No
Opt.
Call
8,013,592
9,035
4.000%,
9/01/31
No
Opt.
Call
8,938,704
Tulsa
County
Industrial
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Jenks
Public
Schools
Project,
Series
2015
:
6,220
5.000%,
9/01/25
No
Opt.
Call
6,342,431
9,840
5.000%,
9/01/26
9/25
at
100.00
10,036,210
2,580
Washington
County
Rural
Water
District
3,
Oklahoma,
Revenue
Bonds,
Refunding
&
Capital
improvement
Series
2020,
3.000%,
9/15/35
3/28
at
100.00
2,193,291
Weatherford
Industrial
Trust
Educational,
Oklahoma,
Facilities
Lease
Revenue
Bonds,
Weatherford
Public
Schools
Project,
Series
2019
:
2,165
5.000%,
3/01/29
No
Opt.
Call
2,268,437
2,000
5.000%,
3/01/31
3/29
at
100.00
2,089,809
2,500
5.000%,
3/01/33
3/29
at
100.00
2,608,585
Total
Oklahoma
185,504,262
Oregon
-
0.9%
5,050
Beaverton
School
District
48J,
Washington
and
Multnomah
Counties,
Oregon,
General
Obligation
Bonds,
Convertible
Deferred
Interest
Series
2017D,
5.000%,
6/15/35
6/27
at
100.00
5,241,069
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Oregon
-
0.9%
(continued)
$
1,760
Benton
and
Linn
Counties
District
School
District
509J
Corvallis,
Oregon,
General
Obligation
Bonds,
Series
2018A,
5.000%,
6/15/38
6/28
at
100.00
$
1,821,069
1,200
Clackamas
Community
College
District,
Oregon,
General
Obligation
Bonds,
Deferred
Interest
Series
2017A,
5.000%,
6/15/40
6/27
at
100.00
1,225,886
Clackamas
County
School
District
62,
Oregon
City,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2018A
:
1,665
0.000%,
6/15/34
6/28
at
79.31
1,026,042
1,510
0.000%,
6/15/35
6/28
at
75.58
878,648
1,050
0.000%,
6/15/37
6/28
at
69.16
535,423
2,050
0.000%,
6/15/39
6/28
at
63.17
914,365
1,770
Multnomah
County
Hospital
Facilities
Authority,
Oregon,
Revenue
Bonds,
Adventist
Health
System/West,
Refunding
Variable
Rate
Series
2019,
5.000%,
3/01/40,
(Mandatory
Put
3/01/25)
9/24
at
100.00
1,777,016
2,250
Multnomah
County
Hospital
Facilities
Authority,
Oregon,
Revenue
Bonds,
Terwilliger
Plaza-Parkview
Project,
Refunding
Green
Series
2021B-1,
1.200%,
6/01/28
10/23
at
100.00
1,886,641
2,790
Multnomah-Clackamas
Counties
School
District
10JT
Greham-Barlow,
Oregon,
General
Obligation
Bonds,
Deferred
interest
Series
2019A,
0.000%,
6/15/38
6/29
at
72.47
1,326,473
6,490
Oregon
Health
and
Science
University,
Revenue
Bonds,
Green
Series
2021B-2,
5.000%,
7/01/46,
(Mandatory
Put
2/01/32)
11/31
at
100.00
6,837,692
1,815
Oregon
Housing
and
Community
Services
Department,
Single
Family
Mortgage
Program
Revenue
Bonds,
Series
2017D,
3.450%,
1/01/38
1/27
at
100.00
1,779,333
2,870
Oregon
Housing
and
Community
Services
Department,
Single
Family
Mortgage
Program
Revenue
Bonds,
Series
2018C,
3.900%,
7/01/38
7/27
at
100.00
2,764,812
7,955
Oregon
Housing
and
Community
Services
Department,
Single
Family
Mortgage
Program
Revenue
Bonds,
Series
2019A,
2.650%,
7/01/39
7/28
at
100.00
5,813,714
7,420
Oregon
Housing
and
Community
Services
Department,
Single
Family
Mortgage
Program
Revenue
Bonds,
Series
2021A,
2.250%,
7/01/41
7/30
at
100.00
5,008,753
11,455
(c)
Oregon
State
Department
of
Transportation,
Highway
User
Tax
Revenue
Bonds,
Senior
Lien
Series
2013A,
5.000%,
11/15/38,
(Pre-refunded
11/15/23)
11/23
at
100.00
11,468,717
3,325
Oregon
State,
General
Obligation
Bonds,
Veterans
Welfare
Series
108
of
2021O,
2.600%,
12/01/42
12/30
at
100.00
2,298,823
4,050
Port
of
Portland,
Oregon,
International
Airport
Revenue
Bonds,
Green
Series
2023-29,
5.000%,
7/01/38,
(AMT)
7/33
at
100.00
4,139,869
Salem
Hospital
Facility
Authority,
Oregon,
Revenue
Bonds,
Salem
Health
Projects,
Refunding
Series
2016A
:
3,440
5.000%,
5/15/32
5/26
at
100.00
3,514,297
1,925
5.000%,
5/15/33
5/26
at
100.00
1,966,282
Total
Oregon
62,224,924
Pennsylvania
-
4.6%
Allegheny
County
Hospital
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Allegheny
Health
Network
Obligated
Group
Issue,
Series
2018A
:
1,000
5.000%,
4/01/36
4/28
at
100.00
1,008,210
10,085
4.000%,
4/01/37
4/28
at
100.00
8,974,670
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Pennsylvania
-
4.6%
(continued)
$
5,205
4.000%,
4/01/38
4/28
at
100.00
$
4,514,077
9,155
4.000%,
4/01/44
4/28
at
100.00
7,443,218
1,525
Allentown
Neighborhood
Improvement
Zone
Development
Authority,
Pennsylvania,
Tax
Revenue
Bonds,
City
Center
Project,
Series
2018,
5.000%,
5/01/28,
144A
No
Opt.
Call
1,533,681
1,200
(e)
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
3.500%,
4/01/41
No
Opt.
Call
120
7,770
(e)
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2008A,
2.700%,
4/01/35
No
Opt.
Call
777
2,880
(e)
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006B,
3.500%,
12/01/35
No
Opt.
Call
288
Berks
County
Industrial
Development
Authority,
Pennsylvania,
Health
System
Revenue
Bonds,
Tower
Health
Project,
Series
2017
:
1,670
4.000%,
11/01/33
11/27
at
100.00
959,733
2,410
4.000%,
11/01/38
11/27
at
100.00
1,377,663
8,815
4.000%,
11/01/39
11/27
at
100.00
5,034,814
1,415
3.750%,
11/01/42
11/27
at
100.00
805,796
4,090
4.000%,
11/01/47
11/27
at
100.00
2,324,725
8,430
5.000%,
11/01/47
11/27
at
100.00
4,807,248
15,925
Berks
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Tower
Health
Project,
Series
2020B-3,
5.000%,
2/01/40,
(Mandatory
Put
2/01/30)
8/29
at
101.50
9,478,893
1,000
Capital
Region
Water,
Pennsylvania,
Water
Revenue
Bonds,
Series
2018,
5.000%,
7/15/27
No
Opt.
Call
1,045,591
5,190
Clarion
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Pennsylvania-American
Water
Company
Project,
Refunding
Series
2019,
2.450%,
12/01/39,
(AMT),
(Mandatory
Put
12/03/29)
12/29
at
100.00
4,492,131
38,930
Commonwealth
Financing
Authority,
Pennsylvania,
State
Appropriation
Lease
Bonds,
Master
Settlement,
Series
2018,
4.000%,
6/01/39
-
AGM
Insured
6/28
at
100.00
35,329,866
5,000
Geisinger
Authority,
Montour
County,
Pennsylvania,
Health
System
Revenue
Bonds,
Geisinger
Health
System,
Series
2020B,
5.000%,
4/01/43,
(Mandatory
Put
2/15/27)
8/26
at
100.00
5,081,391
3,500
Lehigh
County
Authority,
Pennsylvania,
Water
and
Sewer
Revenue
Bonds,
Allentown
Concession,
Series
2013A,
5.000%,
12/01/43
12/23
at
100.00
3,500,446
4,500
Lehigh
County
General
Purpose
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Lehigh
Valley
Health
Network,
Series
2019A,
4.000%,
7/01/49
7/29
at
100.00
3,780,675
10,430
Lehigh
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
Pennsylvania
Power
and
Light
Company,
Series
2016A,
3.000%,
9/01/29
No
Opt.
Call
9,547,839
16,805
Luzerne
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Pennsylvania-American
Water
Company
Project,
Refunding
Series
2019,
2.450%,
12/01/39,
(AMT),
(Mandatory
Put
12/03/29)
12/29
at
100.00
14,567,639
5,230
North
Allegheny
School
District,
Allegheny
County,
Pennsylvania,
General
Obligation
Bonds,
Limited
Tax
Series
2019,
4.000%,
5/01/44
5/29
at
100.00
4,664,309
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Pennsylvania
-
4.6%
(continued)
$
4,055
(e)
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
Shippingport
Project,
First
Energy
Guarantor.,
Series
2005A,
3.750%,
12/01/40
No
Opt.
Call
$
406
3,455
(e)
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
Shippingport
Project,
First
Energy
Guarantor.,
Series
2006A,
2.550%,
11/01/41
No
Opt.
Call
345
Pennsylvania
Economic
Development
Financing
Authority,
Parking
System
Revenue
Bonds,
Capitol
Region
Parking
System,
Junior
Guaranteed
Series
2013B
:
1,975
5.500%,
1/01/25
1/24
at
100.00
1,980,644
2,290
5.500%,
1/01/26
1/24
at
100.00
2,297,602
2,265
5.500%,
1/01/27
1/24
at
100.00
2,272,128
Pennsylvania
Economic
Development
Financing
Authority,
Parking
System
Revenue
Bonds,
Capitol
Region
Parking
System,
Junior
Insured
Series
2013C
:
515
5.500%,
1/01/25
-
AGM
Insured
1/24
at
100.00
516,535
1,110
5.500%,
1/01/26
-
AGM
Insured
1/24
at
100.00
1,113,685
2,505
5.500%,
1/01/28
-
AGM
Insured
1/24
at
100.00
2,512,329
2,050
5.500%,
1/01/29
-
AGM
Insured
1/24
at
100.00
2,055,241
1,255
5.500%,
1/01/31
-
AGM
Insured
1/24
at
100.00
1,257,808
3,160
Pennsylvania
Economic
Development
Financing
Authority,
Private
Activity
Revenue
Bonds,
Pennsylvania
Rapid
Bridge
Replacement
Project,
Series
2015,
5.000%,
12/31/34,
(AMT)
6/26
at
100.00
3,160,640
1,020
Pennsylvania
Economic
Development
Financing
Authority,
Revenue
Bonds,
University
of
Pittsburgh
Medical
Center,
Series
2023A-1,
5.000%,
5/15/31
2/31
at
100.00
1,079,077
1,250
Pennsylvania
Economic
Development
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Project,
Series
2009,
0.950%,
12/01/33,
(Mandatory
Put
12/01/26)
No
Opt.
Call
1,117,850
2,685
Pennsylvania
Economic
Development
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Project,
Series
2017A,
0.580%,
8/01/37,
(AMT),
(Mandatory
Put
8/01/24)
No
Opt.
Call
2,576,791
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
LaSalle
University,
Series
2012
:
1,320
5.000%,
5/01/27
10/23
at
100.00
1,274,709
10,850
5.000%,
5/01/42
10/23
at
100.00
8,593,802
1,135
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Widener
University,
Series
2021A,
3.000%,
7/15/39
7/31
at
100.00
798,110
5,215
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2016-119,
3.500%,
10/01/36
4/25
at
100.00
4,551,440
19,900
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2016-120,
3.100%,
10/01/36
10/25
at
100.00
16,352,326
8,985
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2016-121,
3.100%,
10/01/36
10/25
at
100.00
7,337,921
6,605
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019-128B,
3.500%,
10/01/34
10/27
at
100.00
5,943,317
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Pennsylvania
-
4.6%
(continued)
$
4,880
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019-131A,
3.000%,
10/01/39
4/29
at
100.00
$
3,846,435
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020-133
:
3,240
2.125%,
10/01/35
10/29
at
100.00
2,417,141
10,050
2.350%,
10/01/40
10/29
at
100.00
6,824,011
15,000
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021-137,
2.450%,
10/01/41
4/31
at
100.00
9,917,027
4,800
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2022-1394A,
4.000%,
10/01/37
4/32
at
100.00
4,295,618
Pennsylvania
Turnpike
Commission,
Motor
License
Fund-Enhanced
Turnpike
Special
Revenue
Bonds,
Subordinate
Series
2014A
:
2,110
4.500%,
12/01/34
12/26
at
100.00
2,115,767
5,000
4.750%,
12/01/37
12/26
at
100.00
5,046,279
16,220
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Capital
Appreciation
Series
2009E,
6.375%,
12/01/38
12/27
at
100.00
17,467,951
4,665
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Refunding
Series
2019.
Forward
Delivery,
5.000%,
12/01/24
No
Opt.
Call
4,720,064
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Refunding
Subordinate
Second
Series
2016B-2
:
5,955
5.000%,
6/01/25
No
Opt.
Call
6,046,809
2,905
5.000%,
6/01/29
6/26
at
100.00
2,980,378
22,155
5.000%,
6/01/35
6/26
at
100.00
22,611,555
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Refunding
Subordinate
Second
Series
2017
:
2,975
5.000%,
12/01/29
12/27
at
100.00
3,093,675
3,260
5.000%,
12/01/31
12/27
at
100.00
3,391,944
5,450
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Refunding
Subordinate
Series
2016A,
5.000%,
12/01/36
12/26
at
100.00
5,550,687
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Refunding
Subordinate
Third
Series
2017
:
3,680
5.000%,
12/01/31
12/27
at
100.00
3,828,943
2,265
5.000%,
12/01/32
12/27
at
100.00
2,361,242
2,110
4.000%,
12/01/36
12/27
at
100.00
1,994,178
1,105
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Series
2016A-1,
5.000%,
12/01/28
6/26
at
100.00
1,135,073
3,075
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Series
2017A-1,
5.000%,
12/01/36
12/27
at
100.00
3,180,815
7,445
Philadelphia
Authority
For
Industrial
Development,
Pennsylvania,
City
Agreement
Revenue
Bonds,
Cultural
and
Commercial
Corridors
Program,
Refunding
Series
2016A,
5.000%,
12/01/29
12/25
at
100.00
7,584,970
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Revenue
Bonds,
La
Salle
University,
Series
2017
:
1,835
5.000%,
5/01/31
11/27
at
100.00
1,713,877
2,060
5.000%,
5/01/33
11/27
at
100.00
1,881,961
1,165
5.000%,
5/01/34
11/27
at
100.00
1,050,946
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Pennsylvania
-
4.6%
(continued)
$
3,680
(d)
Sayre
Healthcare
Facility
Authority,
Pennsylvania,
Revenue
Bonds,
Guthrie
Healthcare
System,
Series
2007,
4.580%,
12/01/24
(3-Month
LIBOR*0.67%
reference
rate
+
0.780%
spread)
10/23
at
100.00
$
3,674,935
3,905
Scranton,
Lackawanna
County,
Pennsylvania,
General
Obligation
Notes,
Series
2016,
5.000%,
11/15/26
5/24
at
100.00
3,801,881
1,280
Scranton-Lackawanna
Health
and
Welfare
Authority,
Pennsylvania,
University
Revenue
Bonds,
Marywood
University,
Series
2016,
3.375%,
6/01/26
No
Opt.
Call
1,202,599
Southcentral
Pennsylvania
General
Authority,
Revenue
Bonds,
Hanover
Hospital
Inc.,
Series
2013
:
1,705
5.000%,
12/01/23
10/23
at
100.00
1,705,700
1,795
5.000%,
12/01/24
10/23
at
100.00
1,795,576
3,120
Washington
County
Industrial
Development
Authority,
Pennsylvania,
College
Revenue
Bonds,
AICUP
Financing
Program-Washington
and
Jefferson
College
Project,
Series
2017-PP5,
3.375%,
11/01/36
11/27
at
100.00
2,555,601
Total
Pennsylvania
336,860,144
Puerto
Rico
-
3.7%
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2020A
:
19,655
5.000%,
7/01/30,
144A
No
Opt.
Call
19,631,221
17,060
5.000%,
7/01/35,
144A
7/30
at
100.00
16,732,175
350
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2021A,
5.000%,
7/01/33,
144A
7/31
at
100.00
347,232
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2021B
:
11,705
5.000%,
7/01/24,
144A
No
Opt.
Call
11,727,848
7,455
5.000%,
7/01/33,
144A
7/31
at
100.00
7,395,974
5,575
4.000%,
7/01/42,
144A
7/31
at
100.00
4,650,044
2,683
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Senior
Lien
Series
2008A,
6.125%,
7/01/24
No
Opt.
Call
2,710,021
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
2018A-1
:
522
0.000%,
7/01/24
No
Opt.
Call
505,985
24,669
0.000%,
7/01/27
No
Opt.
Call
21,036,157
27,091
0.000%,
7/01/29
7/28
at
98.64
21,098,167
49,912
0.000%,
7/01/31
7/28
at
91.88
35,421,433
33,247
0.000%,
7/01/33
7/28
at
86.06
21,344,567
3,142
4.500%,
7/01/34
7/25
at
100.00
3,032,673
11,847
0.000%,
7/01/46
7/28
at
41.38
3,068,826
12
0.000%,
7/01/51
7/28
at
30.01
2,238
1,048
4.750%,
7/01/53
7/28
at
100.00
929,117
1,466
5.000%,
7/01/58
7/28
at
100.00
1,329,784
4,743
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
Cofina
Project
Series
2018B-1,
4.500%,
7/01/34
7/25
at
100.00
4,577,965
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Taxable
Restructured
Cofina
Project
Series
2019A-2
:
23,266
4.329%,
7/01/40
7/28
at
100.00
20,896,672
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Puerto
Rico
-
3.7%
(continued)
$
18,909
4.329%,
7/01/40
7/28
at
100.00
$
16,983,374
2,736
4.784%,
7/01/58
7/28
at
100.00
2,394,941
Puerto
Rico,
General
Obligation
Bonds,
Restructured
Series
2022A-1
:
1,589
0.000%,
7/01/24
No
Opt.
Call
1,535,448
22,428
5.375%,
7/01/25
No
Opt.
Call
22,668,966
7,610
5.625%,
7/01/27
No
Opt.
Call
7,817,433
9,529
5.625%,
7/01/29
No
Opt.
Call
9,860,748
3,102
5.750%,
7/01/31
No
Opt.
Call
3,245,037
7,965
0.000%,
7/01/33
7/31
at
89.94
4,707,677
3,748
4.000%,
7/01/33
7/31
at
103.00
3,367,382
3,972
4.000%,
7/01/35
7/31
at
103.00
3,461,248
6
4.000%,
7/01/37
7/31
at
103.00
5,052
Total
Puerto
Rico
272,485,405
Rhode
Island
-
0.8%
Rhode
Island
Health
and
Educational
Building
Corporation,
Educational
Institution
Revenue
Bonds,
St.
George's
School,
Series
2021
:
1,275
5.000%,
10/01/28
No
Opt.
Call
1,346,125
2,010
4.000%,
10/01/46
10/31
at
100.00
1,727,431
2,000
Rhode
Island
Health
and
Educational
Building
Corporation,
Hospital
Financing
Revenue
Bonds,
Care
New
England
Issue,
Refunding
Series
2016B,
5.000%,
9/01/36
9/26
at
100.00
1,766,331
1,325
Rhode
Island
Health
and
Educational
Building
Corporation,
Public
Schools
Financing
Program
Revenue
Bonds,
City
of
Providence,
Series
2021D,
5.000%,
5/15/27
-
BAM
Insured
No
Opt.
Call
1,380,629
2,595
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bond
Program,
2019
Series
70,
3.000%,
10/01/39
10/28
at
100.00
2,179,131
2,420
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bond
Program,
2019
Series
71,
3.000%,
10/01/39
4/29
at
100.00
1,907,453
13,950
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bond
Program,
2021
Series
75A,
2.250%,
10/01/41
4/30
at
100.00
9,212,551
10,000
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bonds,
Series
73-A,
2.300%,
10/01/40
10/29
at
100.00
6,822,687
4,550
Rhode
Island
Housing
and
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bond
Program,
Series
2020-72A,
2.550%,
10/01/40
10/29
at
100.00
3,232,376
137,445
Rhode
Island
Tobacco
Settlement
Financing
Corporation,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2007A,
0.000%,
6/01/52
10/23
at
18.41
20,502,135
5,945
Rhode
Island
Tobacco
Settlement
Financing
Corporation,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2015B,
4.500%,
6/01/45
6/25
at
100.00
5,493,381
Total
Rhode
Island
55,570,230
South
Carolina
-
0.9%
5,000
Berkeley
County
School
District,
South
Carolina,
General
Obligation
Bonds,
Series
2023A,
5.000%,
5/30/24
No
Opt.
Call
5,034,044
5,780
Greenville
Hospital
System
Board
of
Trustees,
South
Carolina,
Hospital
Revenue
Bonds,
Series
2014B,
5.000%,
5/01/34
5/24
at
100.00
5,658,051
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
South
Carolina
-
0.9%
(continued)
Lexington
County
Health
Services
District,
Inc.,
South
Carolina,
Hospital
Revenue
Bonds,
Lexington
Medical
Center,
Series
2016
:
$
1,055
5.000%,
11/01/34
5/26
at
100.00
$
1,065,745
1,170
5.000%,
11/01/35
5/26
at
100.00
1,179,144
7,400
Patriots
Energy
Group
Financing
Agency,
South
Carolina,
Gas
Supply
Revenue
Bonds,
Series
2023A-1,
5.250%,
10/01/54,
(Mandatory
Put
8/01/31)
5/31
at
100.07
7,453,023
1,000
Patriots
Energy
Group,
South
Carolina,
Gas
System
Revenue
Bonds,
Improvement
and
Refunding
Series
2021A,
2.250%,
6/01/41
6/31
at
100.00
624,631
2,700
South
Carolina
Housing
Finance
and
Development
Authority,
Mortgage
Revenue
Bonds,
Series
2019B,
2.900%,
7/01/39
1/29
at
100.00
2,107,272
5,735
South
Carolina
Housing
Finance
and
Development
Authority,
Mortgage
Revenue
Bonds,
Series
2020B,
2.150%,
7/01/40
1/30
at
100.00
3,798,801
17,830
South
Carolina
Housing
Finance
and
Development
Authority,
Mortgage
Revenue
Bonds,
Series
2021A,
2.050%,
7/01/41
7/30
at
100.00
11,106,920
South
Carolina
Jobs-Economic
Development
Authority,
Economic
Development
Revenue
Bonds,
FMU
Student
Housing
LLC
-
Francis
Marion
University
Project,
Series
2014A
:
1,910
5.000%,
8/01/27
8/24
at
100.00
1,917,873
3,925
5.000%,
8/01/32
8/24
at
100.00
3,931,084
1,005
South
Carolina
Jobs-Economic
Development
Authority,
Hospital
Revenue
Bonds,
AnMed
Health
Project,
Series
2023,
4.250%,
2/01/48
2/33
at
100.00
902,297
3,240
South
Carolina
Public
Service
Authority,
Santee
Cooper
Revenue
Obligations,
Refunding
&
Improvement
Series
2015A,
5.000%,
12/01/31
6/25
at
100.00
3,269,099
5,495
South
Carolina
Public
Service
Authority,
Santee
Cooper
Revenue
Obligations,
Refunding
&
Improvement
Series
2020A,
5.000%,
12/01/32
12/30
at
100.00
5,753,352
South
Carolina
Public
Service
Authority,
Santee
Cooper
Revenue
Obligations,
Refunding
Series
2016A
:
7,885
5.000%,
12/01/29
6/26
at
100.00
8,017,094
4,325
5.000%,
12/01/31
6/26
at
100.00
4,386,047
2,200
5.000%,
12/01/37
6/26
at
100.00
2,203,145
Total
South
Carolina
68,407,622
South
Dakota
-
0.2%
Mitchell
School
District
17-2,
South
Dakota,
General
Obligation
Bonds,
Limited
Tax
Refunding
Certificates,
Series
2021
:
200
2.000%,
8/01/26
No
Opt.
Call
184,501
400
2.000%,
8/01/27
No
Opt.
Call
361,826
400
2.000%,
8/01/29
8/27
at
100.00
350,138
1,545
South
Dakota
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Monument
Health,
Inc.,
Series
2020A,
5.000%,
9/01/27
No
Opt.
Call
1,587,948
2,410
South
Dakota
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Regional
Health,
Refunding
Series
2017,
5.000%,
9/01/31
9/27
at
100.00
2,460,694
3,925
South
Dakota
Housing
Development
Authority,
Homeownership
Mortgage
Revenue
Bonds,
Series
2021A,
2.100%,
11/01/41
5/30
at
100.00
2,467,946
7,215
South
Dakota
Housing
Development
Authority,
Homeownership
Mortgage
Revenue
Bonds,
Series
2021B,
2.050%,
11/01/41
5/30
at
100.00
4,495,068
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
South
Dakota
-
0.2%
(continued)
$
3,205
South
Dakota
Housing
Development
Authority,
Homeownership
Mortgage
Revenue
Bonds,
Social
Series
2023A,
4.150%,
11/01/38
11/31
at
100.00
$
2,847,906
Total
South
Dakota
14,756,027
Tennessee
-
1.4%
Chattanooga
Health,
Educational
and
Housing
Facility
Board,
Tennessee,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-1
:
1,600
5.000%,
8/01/26
No
Opt.
Call
1,625,087
1,865
5.000%,
8/01/28
No
Opt.
Call
1,926,733
2,265
Chattanooga-Hamilton
County
Hospital
Authority,
Tennessee,
Hospital
Revenue
Bonds,
Erlanger
Health
System,
Refunding
Series
2014A,
5.000%,
10/01/28
10/24
at
100.00
2,272,299
Knox
County
Health,
Educational
and
Housing
Facilities
Board,
Tennessee,
Revenue
Bonds,
University
Health
System,
Inc.,
Series
2017
:
2,895
3.375%,
4/01/26
No
Opt.
Call
2,768,501
3,250
5.000%,
4/01/29
4/27
at
100.00
3,293,702
2,505
5.000%,
4/01/30
4/27
at
100.00
2,535,754
2,810
5.000%,
4/01/31
4/27
at
100.00
2,843,354
5,045
Metropolitan
Government
of
Nashville-Davidson
County
Health
and
Educational
Facilities
Board,
Tennessee,
Revenue
Bonds,
Vanderbilt
University
Medical
Center,
Series
2016A,
5.000%,
7/01/40
7/26
at
100.00
5,013,802
4,435
Murfreesboro,
Tennessee,
General
Obligation
Bonds,
Series
2021,
3.000%,
6/01/30
6/29
at
100.00
4,084,592
5,000
Tennergy
Corporation,
Tennessee,
Gas
Revenue
Bonds,
Series
2019A,
5.000%,
2/01/50,
(Mandatory
Put
10/01/24)
7/24
at
100.58
5,013,345
15,760
Tennergy
Corporation,
Tennessee,
Gas
Revenue
Bonds,
Series
2021A,
4.000%,
12/01/51,
(Mandatory
Put
9/01/28)
6/28
at
100.68
15,090,318
4,095
Tennergy
Corporation,
Tennessee,
Gas
Revenue
Bonds,
Series
2022A,
5.500%,
10/01/53,
(Mandatory
Put
12/01/30)
9/30
at
100.10
4,161,488
410
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2015-1C,
3.950%,
7/01/35
1/25
at
100.00
406,296
3,255
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2018-3,
3.750%,
7/01/38
7/27
at
100.00
3,021,154
6,320
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2018-4,
3.900%,
7/01/38
1/28
at
100.00
6,027,668
5,795
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2019-1,
3.750%,
7/01/39
7/28
at
100.00
5,378,676
6,175
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2019-2,
3.000%,
7/01/39
7/28
at
100.00
5,519,272
2,440
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2019-3,
2.600%,
7/01/39
1/29
at
100.00
1,820,348
3,930
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2019-4,
2.900%,
7/01/39
1/29
at
100.00
3,067,252
4,145
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2021-1,
2.250%,
7/01/41
7/30
at
100.00
2,760,382
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Tennessee
-
1.4%
(continued)
$
7,135
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2021-2,
2.250%,
7/01/41
7/30
at
100.00
$
4,915,551
5,560
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2021-3,
2.300%,
7/01/41
1/31
at
100.00
3,660,251
2,500
The
Tennessee
Energy
Acquisition
Corporation,
Gas
Project
Revenue
Bonds,
Series
2018,
4.000%,
11/01/49,
(Mandatory
Put
11/01/25)
8/25
at
100.22
2,453,170
5,000
The
Tennessee
Energy
Acquisition
Corporation,
Gas
Project
Revenue
Bonds,
Series
2023A-1,
5.000%,
5/01/53,
(Mandatory
Put
5/01/28)
2/28
at
100.22
4,990,396
7,800
The
Tennessee
Energy
Acquisition
Corporation,
Gas
Revenue
Bonds,
Commodity
Project, Series
2021A,
5.000%,
5/01/52,
(Mandatory
Put
11/01/31)
8/31
at
100.85
7,734,880
Total
Tennessee
102,384,271
Texas
-
4.9%
Austin
Convention
Enterprises
Inc.,
Texas,
Convention
Center
Hotel
Revenue
Bonds,
Refunding
First
Tier
Series
2017A
:
2,610
5.000%,
1/01/28
1/27
at
100.00
2,606,210
2,840
5.000%,
1/01/30
1/27
at
100.00
2,837,568
1,600
5.000%,
1/01/32
1/27
at
100.00
1,596,714
5,000
Central
Texas
Regional
Mobility
Authority,
Revenue
Bonds,
Anticipation
Notes
Subordinate
Lien
Series
2021C,
5.000%,
1/01/27
1/26
at
100.00
5,086,350
Central
Texas
Regional
Mobility
Authority,
Revenue
Bonds,
Senior
Lien,
Series
2015A
:
1,950
(c)
5.000%,
1/01/32,
(Pre-refunded
7/01/25)
7/25
at
100.00
1,985,340
1,525
(c)
5.000%,
1/01/33,
(Pre-refunded
7/01/25)
7/25
at
100.00
1,552,638
1,165
(c)
5.000%,
1/01/34,
(Pre-refunded
7/01/25)
7/25
at
100.00
1,186,114
City
of
Houston,
Texas,
Convention
&
Entertainment
Facilities
Department
Hotel
Occupancy
Tax
and
Special
Revenue
Bonds,
Refunding
Series
2019
:
1,120
5.000%,
9/01/32
9/28
at
100.00
1,167,007
1,000
5.000%,
9/01/34
9/28
at
100.00
1,042,715
1,000
5.000%,
9/01/35
9/28
at
100.00
1,039,145
1,000
5.000%,
9/01/36
9/28
at
100.00
1,033,018
Collin
County,
Texas,
General
Obligation
Bonds,
Limited
Tax
Permanent
Improvement
Series
2023
:
3,240
5.000%,
2/15/36
2/33
at
100.00
3,511,350
1,225
5.000%,
2/15/37
2/33
at
100.00
1,312,783
Dallas
Fort
Worth
International
Airport,
Texas,
Joint
Revenue
Bonds,
Refunding
Series
2023C.
:
2,855
5.000%,
11/01/24,
(AMT)
No
Opt.
Call
2,869,409
8,570
5.000%,
11/01/26,
(AMT)
No
Opt.
Call
8,707,969
9,070
5.000%,
11/01/27,
(AMT)
No
Opt.
Call
9,289,235
5,900
Dallas,
Texas,
Waterworks
and
Sewer
System
Revenue
Bonds,
Refunding
Series
2016A,
5.000%,
10/01/41
10/26
at
100.00
5,953,176
3,725
Fort
Bend
County
Industrial
Development
Corporation,
Texas,
Revenue
Bonds,
NRG
Energy
Inc.
Project,
Series
2012B,
4.750%,
11/01/42
10/23
at
100.00
3,319,059
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
4.9%
(continued)
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Health
System,
Refunding
Series
2020A
:
$
5,215
4.125%,
7/01/26
No
Opt.
Call
$
5,231,389
4,025
3.950%,
7/01/27
No
Opt.
Call
4,034,396
3,060
3.750%,
7/01/28
No
Opt.
Call
3,052,218
6,890
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Health
System,
Series
2019B-
2,
5.000%,
7/01/49,
(Mandatory
Put
12/01/24)
9/24
at
100.84
6,941,700
3,650
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Health
System,
Series
2022B,
5.000%,
6/01/50,
(Mandatory
Put
12/01/28)
12/27
at
101.49
3,800,199
6,235
(c)
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Healthcare
System,
Series
2014A,
5.000%,
12/01/29,
(Pre-refunded
12/01/24)
12/24
at
100.00
6,314,969
1,150
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Texas
Childrens
Hospital,
Series
2019A,
4.000%,
10/01/35
10/29
at
100.00
1,102,881
5,140
Harris
County
Flood
Control
District,
Texas,
General
Obligation
Bonds,
Refunding
Contract
Tax
Series
2014A,
5.000%,
10/01/25
10/24
at
100.00
5,199,740
425
Harris
County-Houston
Sports
Authority,
Texas,
Revenue
Bonds,
Refunding
Second
Lien
Series
2014C,
5.000%,
11/15/23
No
Opt.
Call
425,078
Harris
County-Houston
Sports
Authority,
Texas,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2014A
:
4,795
5.000%,
11/15/24
-
AGM
Insured
No
Opt.
Call
4,840,462
4,600
5.000%,
11/15/25
-
AGM
Insured
11/24
at
100.00
4,647,592
3,745
5.000%,
11/15/26
-
AGM
Insured
11/24
at
100.00
3,788,272
12,050
5.000%,
11/15/27
-
AGM
Insured
11/24
at
100.00
12,171,453
11,815
Houston
Independent
School
District,
Harris
County,
Texas,
General
Obligation
Bonds,
Refunding
Schoolhouse
Series
2016A,
4.000%,
2/15/34
2/26
at
100.00
11,821,592
Houston,
Texas,
Airport
System
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2023A
:
6,995
5.000%,
7/01/28
-
AGM
Insured,
(AMT)
No
Opt.
Call
7,209,314
11,005
5.000%,
7/01/30
-
AGM
Insured,
(AMT)
No
Opt.
Call
11,466,699
11,535
5.000%,
7/01/32
-
AGM
Insured,
(AMT)
No
Opt.
Call
12,134,520
2,440
Houston,
Texas,
Airport
System
Special
Facilities
Revenue
Bonds,
United
Airlines,
Inc.
Terminal
E
Project,
Refunding
Series
2014,
5.000%,
7/01/29,
(AMT)
7/24
at
100.00
2,403,954
1,740
Houston,
Texas,
Airport
System
Special
Facilities
Revenue
Bonds,
United
Airlines,
Inc.
Terminal
E
Project,
Series
2021B-1,
4.000%,
7/15/41,
(AMT)
7/29
at
100.00
1,447,340
Houston,
Texas,
Combined
Utility
System
Revenue
Bonds,
Refunding
First
Lien
Series
2018D
:
3,085
5.000%,
11/15/32
11/28
at
100.00
3,242,020
2,615
5.000%,
11/15/33
11/28
at
100.00
2,746,029
1,325
Houston,
Texas,
Hotel
Occupancy
Tax
and
Special
Revenue
Bonds,
Convention
and
Entertainment
Facilities
Department,
Refunding
Series
2014,
5.000%,
9/01/31
9/24
at
100.00
1,331,641
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
4.9%
(continued)
$
1,000
Houston,
Texas,
Hotel
Occupancy
Tax
and
Special
Revenue
Bonds,
Convention
and
Entertainment
Facilities
Department,
Refunding
Series
2021,
3.000%,
9/01/33
9/31
at
100.00
$
866,968
2,265
(c)
Laredo
Community
College
District,
Webb
County,
Texas,
General
Obligation
Bonds,
Series
2014,
5.000%,
8/01/32,
(Pre-refunded
8/01/24)
8/24
at
100.00
2,285,152
Love
Field
Airport
Modernization
Corporation,
Texas,
General
Airport
Revenue
Bonds
Series
2015
:
1,000
5.000%,
11/01/26,
(AMT)
11/25
at
100.00
1,007,342
2,025
5.000%,
11/01/27,
(AMT)
11/25
at
100.00
2,039,772
1,570
5.000%,
11/01/28,
(AMT)
11/25
at
100.00
1,581,784
2,000
5.000%,
11/01/29,
(AMT)
11/25
at
100.00
2,014,654
2,000
5.000%,
11/01/30,
(AMT)
11/25
at
100.00
2,014,536
Lower
Colorado
River
Authority,
Texas,
Transmission
Contract
Revenue
Bonds,
LCRA
Transmission
Services
Corporation
Project,
Refunding
Series
2021
:
3,825
5.000%,
5/15/26
No
Opt.
Call
3,934,808
4,070
5.000%,
5/15/27
No
Opt.
Call
4,236,683
4,500
Matagorda
County
Navigation
District
1,
Texas,
Pollution
Control
Revenue
Bonds,
Central
Power
&
Light
Company
Project,
Refunding
Series
2001A,
2.600%,
11/01/29
No
Opt.
Call
3,898,096
McCamey
County
Hospital
District,
Texas,
General
Obligation
Bonds,
Series
2013
:
2,340
5.000%,
12/01/25
No
Opt.
Call
2,300,239
2,720
5.250%,
12/01/28
12/25
at
100.00
2,680,500
2,700
Mission
Economic
Development
Corporation,
Texas,
Revenue
Bonds,
Natgasoline
Project,
Senior
Lien
Series
2018,
4.625%,
10/01/31,
(AMT),
144A
10/23
at
103.00
2,589,263
North
Texas
Tollway
Authority,
Special
Projects
System
Revenue
Bonds,
Convertible
Capital
Appreciation
Series
2011C
:
3,860
(c)
7.000%,
9/01/43,
(Pre-refunded
9/01/31)
9/31
at
100.00
4,612,772
9,190
(c)
6.750%,
9/01/45,
(Pre-refunded
9/01/31)
9/31
at
100.00
11,034,666
North
Texas
Tollway
Authority,
System
Revenue
Bonds,
Refunding
First
Tier,
Series
2019A
:
5,000
3.000%,
1/01/35
1/29
at
100.00
4,301,707
5,000
4.000%,
1/01/36
1/29
at
100.00
4,873,349
5,950
North
Texas
Tollway
Authority,
System
Revenue
Bonds,
Refunding
First
Tier,
Series
2020A,
4.000%,
1/01/37
1/29
at
100.00
5,644,716
2,835
North
Texas
Tollway
Authority,
System
Revenue
Bonds,
Refunding
Second
Tier,
Series
2015A,
5.000%,
1/01/38
1/25
at
100.00
2,835,857
5,280
Pasadena
Independent
School
District,
Harris
County,
Texas,
General
Obligation
Bonds,
Refunding
Series
2015,
4.000%,
2/15/34
2/25
at
100.00
5,064,487
1,000
Port
Beaumont
Navigation
District,
Jefferson
County,
Texas,
Dock
and
Wharf
Facility
Revenue
Bonds,
Jefferson
Gulf
Coast
Energy
Project,
Series
2020,
3.625%,
1/01/35,
(AMT),
144A
10/23
at
102.00
775,100
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
4.9%
(continued)
Port
Beaumont
Navigation
District,
Jefferson
County,
Texas,
Dock
and
Wharf
Facility
Revenue
Bonds,
Jefferson
Gulf
Coast
Energy
Project,
Series
2021A
:
$
6,865
2.750%,
1/01/36,
(AMT),
144A
10/23
at
103.00
$
4,709,174
13,675
2.875%,
1/01/41,
(AMT),
144A
10/23
at
103.00
8,526,611
1,000
3.000%,
1/01/50,
(AMT),
144A
10/23
at
103.00
550,467
1,255
Port
of
Houston
Authority,
Harris
County,
Texas,
General
Obligation
Bonds,
First
Lien
Series
2021,
5.000%,
10/01/26
No
Opt.
Call
1,301,070
2,315
Round
Rock,
Texas,
Combined
Tax
and
Revenue
Certificates
of
Obligation,
Series
2021A,
2.000%,
8/15/43
8/30
at
100.00
1,358,258
Round
Rock,
Texas,
Combined
Tax
and
Revenue
Certificates
of
Obligation,
Series
2021C
:
1,180
2.000%,
8/15/43
8/30
at
100.00
692,330
1,520
2.000%,
8/15/46
8/30
at
100.00
837,637
15,000
San
Antonio,
Texas,
Electric
and
Gas
System
Revenue
Bonds,
Junior
Lien
CPS
Energy
Series
2014,
5.000%,
2/01/44
2/24
at
100.00
14,692,033
5,000
San
Antonio,
Texas,
Water
System
Revenue
Bonds,
Refunding
Junior
Lien
Series
2015B,
4.000%,
5/15/35
5/25
at
100.00
5,018,949
1,940
Texas
Department
of
Housing
and
Community
Affairs,
Single
Family
Mortgage
Revenue
Bonds,
Series
2018A,
4.125%,
9/01/38
9/27
at
100.00
1,898,733
4,835
Texas
Department
of
Housing
and
Community
Affairs,
Single
Family
Mortgage
Revenue
Bonds,
Series
2021A,
2.050%,
9/01/41
3/30
at
100.00
3,022,391
Texas
Private
Activity
Bond
Surface
Transporation
Corporation,
Revenue
Bonds,
NTE
Mobility
Partners
LLC
North
Tarrant
Express
Managed
Lanes
Project,
Refunding
Senior
Lien
Series
2019A
:
12,000
4.000%,
12/31/37
12/29
at
100.00
10,975,471
3,940
4.000%,
12/31/38
12/29
at
100.00
3,565,043
Texas
Private
Activity
Bond
Surface
Transporation
Corporation,
Senior
Lien
Revenue
Bonds,
Blueridge
Transportation
Group,
LLC
SH
288
Toll
Lanes
Project,
Series
2016
:
4,930
5.000%,
12/31/40,
(AMT)
12/25
at
100.00
4,789,594
7,110
5.000%,
12/31/45,
(AMT)
12/25
at
100.00
6,791,154
10,000
Texas
Private
Activity
Bond
Surface
Transporation
Corporation,
Senior
Lien
Revenue
Bonds,
NTE
Mobility
Partners
Segments
3
LLC
Segments
3C
Project,
Series
2019,
5.000%,
6/30/58,
(AMT)
6/29
at
100.00
9,570,936
Texas
Private
Activity
Bond
Surface
Transportation
Corporation,
Senior
Lien
Revenue
Bonds,
LBJ
Infrastructure
Group
LLC
IH-635
Managed
Lanes
Project,
Refunding Series
2020A
:
4,450
4.000%,
6/30/32
12/30
at
100.00
4,213,143
1,500
4.000%,
12/31/32
12/30
at
100.00
1,416,373
5,790
Texas
State,
General
Obligation
Bonds,
College
Student
Loan
Series
2023A,
5.000%,
8/01/36,
(AMT)
8/33
at
100.00
6,089,778
5,000
Texas
State,
General
Obligation
Bonds,
Transportation
Commission
Mobility
Fund,
Refunding
Series
2014A,
4.000%,
10/01/34
10/24
at
100.00
4,776,327
5,500
Texas
Transportation
Commission,
Central
Texas
Turnpike
System
Revenue
Bonds,
Refunding
First
Tier
Series
2020A,
5.000%,
8/15/39
8/30
at
100.00
5,621,129
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
4.9%
(continued)
$
13,775
Texas
Transportation
Commission,
Central
Texas
Turnpike
System
Revenue
Bonds,
Refunding
Second
Tier
Series
2015C,
5.000%,
8/15/34
8/24
at
100.00
$
13,681,640
Texas
Transportation
Commission,
State
Highway
249
System
Revenue
Bonds,
First
Tier
Toll
Series
2019A
:
1,125
0.000%,
8/01/35
2/29
at
76.82
614,143
1,590
0.000%,
8/01/36
2/29
at
73.16
809,110
2,070
0.000%,
8/01/37
2/29
at
69.41
978,328
1,100
0.000%,
8/01/39
2/29
at
62.63
454,769
Total
Texas
358,996,300
Utah
-
0.7%
Black
Desert
Public
Infrastructure
District,
Utah,
Limited
Tax
General
Obligation
Bonds,
Series
2021A
:
1,055
3.250%,
3/01/31,
144A
9/26
at
103.00
914,333
1,600
3.500%,
3/01/36,
144A
9/26
at
103.00
1,285,282
1,300
Downtown
East
Streetcar
Sewer
Public
Infrastructure
District,
South
Salt
Lake,
Salt
Lake
County,
Utah,
Limited
Tax
General
Obligation
Bonds,
Series
2022A,
5.750%,
3/01/42,
144A
9/27
at
103.00
1,193,435
1,790
MIDA
Military
Installation
Development
Authority
Golf
and
Equestrian
Center
Public
Infrastructure
District,
Utah,
Limited
Tax
and
Tax
Allocation
Revenue
Bonds,
Series
2021,
4.125%,
6/01/36,
144A
12/26
at
103.00
1,405,509
Salt
Lake
City,
Utah,
Airport
Revenue
Bonds,
International
Airport
Series
2021A
:
1,000
5.000%,
7/01/24,
(AMT)
No
Opt.
Call
1,003,441
3,900
5.000%,
7/01/26,
(AMT)
No
Opt.
Call
3,952,466
Salt
Lake
City,
Utah,
Airport
Revenue
Bonds,
International
Airport
Series
2023A
:
1,405
5.000%,
7/01/30,
(AMT)
No
Opt.
Call
1,459,772
9,000
5.000%,
7/01/31,
(AMT)
No
Opt.
Call
9,393,388
9,270
5.000%,
7/01/32,
(AMT)
No
Opt.
Call
9,717,322
5,735
5.000%,
7/01/33,
(AMT)
No
Opt.
Call
6,036,084
11,000
5.000%,
7/01/34,
(AMT)
7/33
at
100.00
11,555,716
2,700
5.000%,
7/01/35,
(AMT)
7/33
at
100.00
2,819,257
1,120
5.250%,
7/01/36,
(AMT)
7/33
at
100.00
1,202,548
1,125
5.250%,
7/01/37,
(AMT)
7/33
at
100.00
1,195,215
Total
Utah
53,133,768
Vermont
-
0.1%
2,985
Vermont
Economic
Development
Authority,
Mortgage
Revenue
Bonds,
Wake
Robin
Corporation
Project,
Series
2021A,
4.000%,
5/01/37
5/28
at
103.00
2,514,705
3,449
Vermont
Housing
Finance
Agency,
Multiple
Purpose
Bonds,
Series
2021A,
2.450%,
11/01/41
11/30
at
100.00
2,380,293
Total
Vermont
4,894,998
Virginia
-
2.0%
7,310
Arlington
County
Industrial
Development
Authority,
Virginia,
Hospital
Revenue
Bonds,
Virginia
Hospital
Center,
Series
2023A,
5.000%,
7/01/53,
(Mandatory
Put
7/01/31)
7/30
at
100.00
7,647,197
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Virginia
-
2.0%
(continued)
$
19,780
Federal
Home
Loan
Mortgage
Corporation,
Multifamily
Variable
Rate
Certificates
Relating
to
Municpal
Securities
Class
A
Series
2019M-053,
2.550%,
6/15/35
2020
M053
No
Opt.
Call
$
15,588,535
Federal
Home
Loan
Mortgage
Corporation,
Notes
:
19,015
3.150%,
1/15/36,
144A
10/31
at
100.00
16,149,455
5,000
(c)
Hampton
Roads
Transportation
Accountability
Commission,
Virginia,
Revenue
Bonds,
Hampton
Roads
Transportation
Fund,
Senior
Lien
Bond
Anticipation
Notes,
Series
2021A,
5.000%,
7/01/26,
(ETM)
No
Opt.
Call
5,166,422
870
James
City
County
Economic
Development
Authority,
Virginia,
Residential
Care
Facility
Revenue
Bonds,
Williamsburg
Landing
Inc.,
Refunding
Series
2021A,
4.000%,
12/01/35
12/27
at
103.00
760,258
2,010
Louisa
Industrial
Development
Authority,
Virginia,
Pollution
Control
Revenue
Bonds,
Virginia
Electric
and
Power
Company,
Refunding
Series
2008B,
0.750%,
11/01/35,
(Mandatory
Put
9/02/25)
No
Opt.
Call
1,836,774
1,000
Stafford
County
Economic
Development
Authority,
Virginia,
Hospital
Facilities
Revenue
Bonds,
Mary
Washington
Healthcare
Obligated
Group,
Refunding
Series
2016,
3.125%,
6/15/31
6/26
at
100.00
901,669
2,875
Virginia
College
Building
Authority,
Educational
Facilities
Revenue
Bonds,
21st
Century
College
&
Equipment
Programs,
Series
2019A,
5.000%,
2/01/24
No
Opt.
Call
2,885,562
710
Virginia
College
Building
Authority,
Educational
Facilities
Revenue
Bonds,
Marymount
University
Project,
Refunding
Series
2015A,
5.000%,
7/01/45,
144A
7/25
at
100.00
627,464
7,505
Virginia
Housing
Development
Authority,
Rental
Housing
Bonds,
Series
2020B,
2.200%,
3/01/40
3/29
at
100.00
5,057,520
10,000
Virginia
Housing
Development
Authority,
Rental
Housing
Bonds,
Series
2023D,
3.450%,
8/01/28
8/24
at
100.00
9,561,123
Virginia
Small
Business
Financing
Authority,
Private
Activity
Revenue
Bonds,
Transform
66
P3
Project,
Senior
Lien
Series
2017
:
13,045
5.000%,
12/31/49,
(AMT)
6/27
at
100.00
12,492,637
12,375
5.000%,
12/31/56,
(AMT)
6/27
at
100.00
11,686,040
Virginia
Small
Business
Financing
Authority,
Revenue
Bonds,
95
Express
Lanes
LLC
Project,
Refunding
Senior
Lien
Series
2022
:
5,400
5.000%,
7/01/32,
(AMT)
1/32
at
100.00
5,644,333
4,000
5.000%,
1/01/34,
(AMT)
1/32
at
100.00
4,177,779
4,890
5.000%,
7/01/36,
(AMT)
1/32
at
100.00
5,024,423
3,285
5.000%,
7/01/37,
(AMT)
1/32
at
100.00
3,341,903
4,540
5.000%,
1/01/38,
(AMT)
1/32
at
100.00
4,590,889
5,385
5.000%,
12/31/47,
(AMT)
12/32
at
100.00
5,192,819
Virginia
Small
Business
Financing
Authority,
Revenue
Bonds,
Elizabeth
River
Crossing
OPCO,
LLC
Project,
Refunding
Senior
Lien
Series
2022
:
7,000
4.000%,
7/01/33,
(AMT)
1/32
at
100.00
6,504,254
7,250
4.000%,
7/01/34,
(AMT)
1/32
at
100.00
6,699,590
2,550
4.000%,
1/01/35,
(AMT)
1/32
at
100.00
2,347,216
5,750
4.000%,
7/01/35,
(AMT)
1/32
at
100.00
5,279,139
2,030
Virginia
Transportation
Board,
Transportation
Revenue
Bonds,
Capital
Projects,
Refunding
Series
2017A,
5.000%,
5/15/24
No
Opt.
Call
2,043,487
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Virginia
-
2.0%
(continued)
$
2,130
Wise
County
Industrial
Development
Authority,
Virginia,
Solid
Waste
and
Sewage
Disposal
Revenue
Bonds,
Virginia
Electric
and
Power
Company,
Series
2010A,
1.200%,
11/01/40,
(Mandatory
Put
5/31/24)
No
Opt.
Call
$
2,073,641
Total
Virginia
143,280,129
Washington
-
3.4%
21,235
Energy
Northwest,
Washington,
Electric
Revenue
Bonds,
Columbia
Generating
Station,
Refunding
Series
2019A,
5.000%,
7/01/37
7/29
at
100.00
22,252,789
8,955
King
County,
Washington,
Sewer
Revenue
Bonds,
Refunding
Junior
Lien
Series
2020B,
0.875%,
1/01/42,
(Mandatory
Put
1/01/26)
4/25
at
100.00
8,203,709
8,800
Port
of
Seattle,
Washington,
Revenue
Bonds,
Intermediate
Lien
Series
2018A,
5.000%,
5/01/31,
(AMT)
5/27
at
100.00
8,983,410
Port
of
Seattle,
Washington,
Revenue
Bonds,
Intermediate
Lien
Series
2019
:
10,300
5.000%,
4/01/29,
(AMT)
No
Opt.
Call
10,639,752
9,685
5.000%,
4/01/30,
(AMT)
4/29
at
100.00
10,001,382
8,510
Port
of
Seattle,
Washington,
Revenue
Bonds,
Refunding
Intermediate
Lien
Private
Activity
Series
2022B,
5.000%,
8/01/29,
(AMT)
No
Opt.
Call
8,803,796
2,920
Port
of
Seattle,
Washington,
Revenue
Bonds,
Refunding
Intermediate
Lien
Series
2016,
5.000%,
2/01/29
2/26
at
100.00
2,990,878
2,740
Port
of
Seattle,
Washington,
Revenue
Bonds,
Refunding
Intermediate
Lien
Series
2021C,
5.000%,
8/01/32,
(AMT)
8/31
at
100.00
2,864,545
2,340
Skagit
County
Public
Hospital
District
1,
Washington,
Revenue
Bonds,
Skagit
Valley
Hospital,
Refunding
&
Improvement
Series
2016,
5.000%,
12/01/37
12/26
at
100.00
2,190,822
2,000
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-1,
5.000%,
8/01/28
No
Opt.
Call
2,066,201
2,200
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-1,
5.000%,
8/01/49,
(Mandatory
Put
8/01/24)
2/24
at
100.00
2,202,330
8,285
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-2,
5.000%,
8/01/49,
(Mandatory
Put
8/01/25)
2/25
at
100.00
8,322,157
9,800
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-3,
5.000%,
8/01/49,
(Mandatory
Put
8/01/26)
2/26
at
100.00
9,928,955
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
Fred
Hutchinson
Cancer
Research
Center,
Series
2015
:
2,730
(c)
5.000%,
1/01/26,
(Pre-refunded
7/01/25)
7/25
at
100.00
2,786,416
1,285
(c)
5.000%,
1/01/27,
(Pre-refunded
7/01/25)
7/25
at
100.00
1,311,555
4,500
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
MultiCare
Health
System,
Series
2015A,
5.000%,
8/15/40
8/25
at
100.00
4,245,165
5,875
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
MultiCare
Health
System,
Series
2015B,
5.000%,
8/15/35
8/25
at
100.00
5,846,012
2,055
(c)
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
PeaceHealth,
Refunding
Series
2014A,
5.000%,
11/15/24,
(Pre-refunded
5/15/24)
5/24
at
100.00
2,066,805
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Washington
-
3.4%
(continued)
$
14,085
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
Providence
Health
&
Services,
Refunding
Series
2012A,
5.000%,
10/01/33
10/23
at
100.00
$
14,085,342
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
Providence
Saint
Joseph
Health,
Series
2018B
:
4,030
5.000%,
10/01/30
10/28
at
100.00
4,098,118
3,170
5.000%,
10/01/31
10/28
at
100.00
3,220,434
3,140
5.000%,
10/01/32
10/28
at
100.00
3,188,372
3,485
5.000%,
10/01/33
10/28
at
100.00
3,541,296
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
Virginia
Mason
Medical
Center,
Series
2017
:
5,120
5.000%,
8/15/29
8/27
at
100.00
5,198,264
5,005
5.000%,
8/15/34
8/27
at
100.00
4,991,749
6,015
5.000%,
8/15/36
8/27
at
100.00
5,841,320
4,375
Washington
State
Housing
Finance
Commission,
Non-Profit
Housing
Revenue
Bonds,
Eliseo
Project,
Refunding
Ser
2021B-1.
TEMPS-80.
TAX-
EXEMPT
MANDATORY
PAYDOWN
SECURITIES-80,
2.500%,
7/01/28,
144A
10/23
at
100.00
3,808,215
6,900
Washington
State
Housing
Finance
Commission,
Single
Family
Program
Bonds,
Series
2021-1N,
2.200%,
6/01/41
6/30
at
100.00
4,543,613
5,580
Washington
State
Housing
Finance
Commission,
Single
Family
Program
Bonds,
Series
2021-2N,
2.400%,
12/01/41
6/31
at
100.00
3,787,389
40,316
Washington
State
Housing
Finance
Commission,
Social
Municipal
Certificates
Multifamily
Revenue
Bonds,
Series
2021-1
Class
A,
3.500%,
12/20/35
2021
0
No
Opt.
Call
34,867,729
5,000
Washington
State,
General
Obligation
Bonds,
Motor
Vehicle
Fuel
Tax
&
Vehicle
Related
Fees
Refunding
Series
R-2022D,
4.000%,
7/01/28
No
Opt.
Call
5,113,019
11,035
Washington
State,
General
Obligation
Bonds,
Motor
Vehicle
Fuel
Tax
&
Vehicle
Related
Fees
Refunding
Series
R-2023B,
5.000%,
7/01/42
7/33
at
100.00
11,569,070
11,265
Washington
State,
General
Obligation
Bonds,
Various
Purpose
Refunding
Series
R-2022C,
4.000%,
7/01/27
No
Opt.
Call
11,440,375
6,750
Washington
State,
General
Obligation
Bonds,
Various
Purpose
Series
2021A,
5.000%,
8/01/44
8/30
at
100.00
6,986,887
4,000
Washington
State,
General
Obligation
Bonds,
Various
Purpose
Series
2023A,
5.000%,
8/01/45
8/32
at
100.00
4,173,410
4,975
Whidbey
Island
Public
Hospital
District,
Island
County,
Washington,
General
Obligation
Bonds,
Whidbey
General
Hospital,
Series
2013,
5.500%,
12/01/33
10/23
at
100.00
4,515,689
Total
Washington
250,676,970
West
Virginia
-
0.0%
1,365
West
Virginia
Hospital
Finance
Authority,
Hospital
Revenue
Bonds,
Charleston
Area
Medical
Center,
Series
2014A,
5.000%,
9/01/25
9/24
at
100.00
1,368,444
Total
West
Virginia
1,368,444
Wisconsin
-
2.0%
Middleton-Cross
Plains
Area
School
District,
Dane
County,
Wisconsin,
General
Obligation
Bonds,
Refunding
Series
2021A
:
4,455
2.000%,
3/01/26
No
Opt.
Call
4,169,406
4,555
2.000%,
3/01/27
No
Opt.
Call
4,151,821
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Wisconsin
-
2.0%
(continued)
$
10,000
Public
Finance
Authority
of
Wisconsin,
Lease
Development
Revenue
Bonds,
KU
Campus
Development
Corporation-Central
District
Development
Project,
Series
2016,
5.000%,
3/01/41
3/26
at
100.00
$
9,960,945
25,400
Public
Finance
Authority
of
Wisconsin,
Limited
Obligation
PILOT
Revenue
Bonds,
American
Dream
@
Meadowlands
Project,
Series
2017,
6.500%,
12/01/37,
144A
12/27
at
100.00
22,580,440
Public
Finance
Authority
of
Wisconsin,
Pollution
Control
Revenue
Bonds,
Duke
Energy
Progress
Project,
Refunding
Series
2022A-2
:
4,430
3.300%,
10/01/46,
(Mandatory
Put
10/01/26)
No
Opt.
Call
4,326,968
8,180
3.700%,
10/01/46,
(Mandatory
Put
10/01/30)
No
Opt.
Call
7,887,649
Public
Finance
Authority
of
Wisconsin,
Revenue
Bonds,
Roseman
University
of
Health
Sciences,
Series
2020
:
230
3.000%,
4/01/25,
144A
No
Opt.
Call
222,271
30
(c)
3.000%,
4/01/25,
(ETM),
144A
No
Opt.
Call
29,577
12,325
Public
Finance
Authority
of
Wisconsin,
Revenue
Bonds,
SearStone
Retirement
Community,
Series
2021B-1,
3.000%,
6/01/28
No
Opt.
Call
11,200,504
16,805
Public
Finance
Authority
of
Wisconsin,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Refunding
Series
2016A-1,
2.625%,
11/01/25
No
Opt.
Call
16,064,419
7,815
Public
Finance
Authority
of
Wisconsin,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Refunding
Series
2016A-2,
2.875%,
5/01/27
5/26
at
100.00
7,245,410
2,920
Public
Finance
Authority,
Wisconsin,
Educational
Revenue
Bonds,
Lake
Norman
Charter
School,
Series
2018A,
4.000%,
6/15/28,
144A
6/26
at
100.00
2,764,817
Public
Finance
Authority,
Wisconsin,
Exempt
Facilities
Revenue
Bonds,
Celanese
Project,
Refunding
Series
2016C
:
4,170
4.050%,
11/01/30
5/26
at
100.00
3,967,211
9,085
4.300%,
11/01/30
5/26
at
100.00
8,777,784
Wisconsin
Health
&
Educational
Facs
Authority,
Health
Facilities
Revenue
Bonds,
UnityPoint
Health
Project,
Series
2014A
:
1,080
5.000%,
12/01/26
11/24
at
100.00
1,086,051
4,090
5.000%,
12/01/27
11/24
at
100.00
4,110,791
7,750
Wisconsin
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Advocate
Aurora
Health
Credit
Group,
Series
2018
B-1,
5.000%,
8/15/54,
(Mandatory
Put
7/01/27)
7/26
at
100.00
7,928,630
3,660
Wisconsin
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Marshfield
Clinic
Health
System,
Inc.,
Series
2017C,
5.000%,
2/15/47
2/27
at
100.00
3,361,384
3,230
Wisconsin
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
PHW
Muskego,
Inc.
Project,
Series
2021,
4.000%,
10/01/41
10/28
at
102.00
2,422,755
1,385
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Advocate
Aurora
Health
Credit
Group,
Series
2018A,
4.000%,
8/15/36
8/28
at
100.00
1,309,237
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Gundersen
Health
System,
Refunding
Series
2021A
:
2,620
4.000%,
10/15/34
10/31
at
100.00
2,553,793
1,455
4.000%,
10/15/35
10/31
at
100.00
1,392,588
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Wisconsin
-
2.0%
(continued)
$
6,350
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Marshfield
Clinic
Health
System,
Inc.,
Series
2020B-1,
5.000%,
2/15/52,
(Mandatory
Put
2/15/25)
8/24
at
100.00
$
6,365,437
1,470
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Oakwood
Lutheran
Senior
Ministries,
Series
2021,
4.000%,
1/01/37
1/27
at
103.00
1,159,080
4,265
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
ProHealth
Care,
Inc.
Obligated
Group,
Refunding
Series
2015,
5.000%,
8/15/39
8/24
at
100.00
4,186,946
1,950
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Saint
Camillus
Health
System
Inc,
Series
2019A,
5.000%,
11/01/39
11/26
at
103.00
1,594,991
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
ThedaCare
Inc,
Series
2015
:
835
5.000%,
12/15/23
No
Opt.
Call
836,128
1,330
5.000%,
12/15/25
12/24
at
100.00
1,340,282
2,750
Wisconsin
Housing
and
Economic
Development
Authority,
Housing
Revenue
Bonds,
Series
2019A,
3.000%,
11/01/39
11/28
at
100.00
2,120,034
1,650
Wisconsin
Housing
and
Economic
Development
Authority,
Housing
Revenue
Bonds,
Series
2021C,
2.500%,
11/01/41
5/31
at
100.00
1,113,501
Total
Wisconsin
146,230,850
Wyoming
-
1.0%
18,775
Campbell
County,
Wyoming
Solid
Waste
Facilities
Revenue
Bonds,
Basin
Electric
Power
Cooperative,
Dry
Fork
Station
Facilities,
Series
2019A,
3.625%,
7/15/39
5/29
at
100.00
15,087,421
Casper
Community
College
District,
Natrona
County,
Wyoming,
Revenue
Bonds,
Refunding
Series
2021
:
960
4.000%,
4/15/37
4/31
at
100.00
900,854
1,000
4.000%,
4/15/38
4/31
at
100.00
919,507
1,070
4.000%,
4/15/40
4/31
at
100.00
947,554
Consolidated
Wyoming
Municipalities
Electric
Power
System
Joint
Powers
Board,
Wyoming,
Electric
Facilities
Improvement
Lease
Revenue
Bonds,
Gillette
Electrical
System
Project,
Refunding
Series
2022
:
800
5.000%,
6/01/33
6/32
at
100.00
857,463
1,415
5.000%,
6/01/34
6/32
at
100.00
1,511,799
28,275
Sweetwater
County,
Wyoming,
Pollution
Control
Revenue
Refunding
Bonds,
Idaho
Power
Company
Project,
Series
2006,
1.700%,
7/15/26
No
Opt.
Call
25,667,751
4,215
University
of
Wyoming,
Facilities
Revenue
Bonds,
Supplemental
Coverage
Program,
Refunding
Series
2021A,
5.000%,
6/01/26
No
Opt.
Call
4,348,125
2,790
Wyoming
Community
Development
Authority,
Housing
Revenue
Bonds,
2015
Series
6,
3.900%,
12/01/34
12/24
at
100.00
2,736,963
6,500
Wyoming
Community
Development
Authority,
Housing
Revenue
Bonds,
2019
Series
3,
2.650%,
12/01/39
12/28
at
100.00
4,749,707
3,250
Wyoming
Community
Development
Authority,
Housing
Revenue
Bonds,
2020
Series
1,
3.000%,
12/01/40
6/29
at
100.00
2,515,533
6,675
Wyoming
Community
Development
Authority,
Housing
Revenue
Bonds,
2020
Series
2,
2.250%,
12/01/40
6/30
at
100.00
4,414,868
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Wyoming
-
1.0%
(continued)
$
6,000
Wyoming
Community
Development
Authority,
Housing
Revenue
Bonds,
2021
Series
3,
2.250%,
12/01/41
12/30
at
100.00
$
4,005,443
2,700
Wyoming
Community
Development
Authority,
Housing
Revenue
Bonds,
2023
Series
1,
4.200%,
12/01/38
6/32
at
100.00
2,520,636
Total
Wyoming
71,183,624
Total
Municipal
Bonds
(cost
$7,645,867,845)
6,990,581,731
Shares
Description
(a)
Value
X
–
COMMON
STOCKS
-
2
.9
%
X
212,572,748
Utilities
-
2.9%
2,665,489
(e),(h),(i)
Energy
Harbor
Corp
$
212,572,748
Total
Utilities
212,572,748
Total
Common
Stocks
(cost
$55,930,174)
212,572,748
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
-
0
.3
%
X
18,685,309
$
4,725
Federal
Home
Loan
Mortgage
Corporation,
Notes,
2022
M068
3.150%
10/15/36
$
3,789,893
3,790
Federal
Home
Loan
Mortgage
Corporation,
Notes,
2023
23-ML15
4.140%
1/25/40
3,326,580
4,773
Freddie
Mac
Multi-Family
ML
Certificates,
Series
ML
08,
Series
2021,
2021
ML08
1.877%
7/25/37
3,381,610
8,084
Freddie
Mac
Multi-Family
ML
Certificates,
Series
ML
10,
Series
2021,
2021
ML10
2.032%
1/25/38
5,605,739
2,995
National
Finance
Authority,
New
Hampshire,
Municipal
Certificates
Social
Series
2023-2
Class
A
3.875%
1/20/38
2,581,487
Total
Asset-Backed
and
Mortgage-Backed
Securities
(cost
$24,372,001)
18,685,309
Total
Long-Term
Investments
(cost
$7,726,170,020)
7,221,839,788
Other
Assets
&
Liabilities,
Net
- 0.9%
67,498,946
Net
Assets
-
100%
$
7,289,338,734
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(b)
Optional
Call
Provisions:
Dates
(month
and
year)
and
prices
of
the
earliest
optional
call
or
redemption.
There
may
be
other
call
provisions
at
varying
prices
at
later
dates.
Certain
mortgage-backed
securities
may
be
subject
to
periodic
principal
paydowns.
(c)
Backed
by
an
escrow
or
trust
containing
sufficient
U.S.
Government
or
U.S.
Government
agency
securities,
which
ensure
the
timely
payment
of
principal
and
interest.
(d)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(e)
Defaulted
security.
A
security
whose
issuer
has
failed
to
fully
pay
principal
and/or
interest
when
due,
or
is
under
the
protection
of
bankruptcy.
(f)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(g)
Step-up
coupon
bond,
a
bond
with
a
coupon
that
increases
("steps
up"),
usually
at
regular
intervals,
while
the
bond
is
outstanding.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(h)
Energy
Harbor
Corp
(ENGH)
common
stock
received
as
part
of
the
bankruptcy
settlements
during
February
2020,
for
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006A,
3.500%,
4/01/41,
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006B,
3.500%,
12/01/35,
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2008A,
2.700%,
4/01/35,
Ohio
Air
Quality
Development
Authority,
Ohio,
Air
Quality
Development
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Series
2009A,
5.700%,
8/01/20,
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Refunding
Series
2009B,
3.100%,
3/01/23,
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
3.750%
12/01/23,
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2006B,
3.625%,
12/01/33,
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2008C,
3.950%,
11/01/32,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2005B,
4.000%,
1/01/34,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2006A,
3.000%,
5/15/20,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2006B,
4.000%,
12/01/33,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2010A,
3.750%,
7/01/33,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2010C,
4.000%,
6/01/33,
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
Shippingport
Project,
First
Energy
Guarantor,
Series
2005A,
3.750%,
12/01/40,
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
Shippingport
Project,
First
Energy
Guarantor,
Series
2006A,
2.550%,
11/01/41.
Various
funds
and
accounts
managed
by
Nuveen,
including
the
Fund,
collectively
are
a
substantial
minority
holder
of
ENGH’s
outstanding
shares
of
common
stock,
and
possess
certain
other
rights
with
respect
to
the
corporate
governance
of
ENGH.
Due
to
these
facts,
under
the
federal
securities
laws,
the
securities
of
ENGH
held
by
Nuveen
funds
and
accounts,
including
the
Fund,
cannot
be
sold
except
under
limited
conditions
(which
are
not currently
satisfied).
The
Fund
is
therefore
unable
to
sell
such
shares
in
ordinary
secondary
market
transactions
at
this
time.
On
March
6,
2023
Vistra
Corp.
(“Vistra”)
announced
that
it
has
executed
a
definitive
agreement
with
Energy
Harbor
Corp.,
pursuant
to
which
Energy
Harbor
will
merge
with
and
into
a
newly-formed
subsidiary
of
Vistra. The
companies
anticipate
closing
the
transaction
in
the
fourth
quarter
of
2023. In
connection
with
the
transaction,
Nuveen
funds
and
accounts
expect
to
receive
a
combination
of
cash
and
shares
in
a
newly
formed
entity.
Nuveen
expects
these
shares
to
be
issued
in
a
private
transaction
and
may
have
reduced
secondary
market
liquidity. The
transaction
is
subject
to
certain
regulatory
approvals
and
there
can
be
no
assurance
that
the
transaction
will
close.
(i)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
AMT
Alternative
Minimum
Tax
ETM
Escrowed
to
maturity
LIBOR
London
Inter-Bank
Offered
Rate
SIFMA
Securities
Industry
and
Financial
Market
Association
WI/DD
When-issued
or
delayed
delivery
security.
See
Notes
to
Financial
Statements
Nuveen
Limited
Term
Municipal
Bond
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
LONG-TERM
INVESTMENTS
-
100.2%
X
–
MUNICIPAL
BONDS
-
96
.2
%
X
5,365,321,263
Alabama
-
2.4%
$
10,000
(c)
Alabama
Federal
Aid
Highway
Finance
Authority,
Special
Obligation
Revenue
Bonds,
Series
2016A,
5.000%,
9/01/35,
(Pre-refunded
9/01/26)
9/26
at
100.00
$
10,385,347
1,760
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Project
4
Series
2019A-1,
4.000%,
12/01/49,
(Mandatory
Put
12/01/25)
9/25
at
100.38
1,728,211
10,000
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Project
5
Series
2020A-1,
4.000%,
10/01/49,
(Mandatory
Put
10/01/26)
7/26
at
100.65
9,755,312
7,500
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Project
7
Series
2021C-1,
4.000%,
10/01/52,
(Mandatory
Put
12/01/26)
9/26
at
100.68
7,291,983
3,410
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Project
8
Series
2022A,
4.000%,
12/01/52,
(Mandatory
Put
12/01/29)
9/29
at
100.40
3,186,711
3,600
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Series
2022B-1,
4.000%,
4/01/53,
(Mandatory
Put
10/01/27)
7/27
at
100.42
3,466,489
1,000
(c)
Cental
Etowah
County
Solid
Waste
Disposal
Authority,
Alabama,
Tax-
Exempt
Solid
Waste
Disposal
Revenue
Bonds,
Series
2020A,
6.000%,
7/01/45,
(Pre-refunded
7/01/25),
(AMT),
144A
7/25
at
103.00
1,033,856
8,215
Lower
Alabama
Gas
District,
Alabama,
Goldman
Sachs
Gas
Project
2
Revenue
Bonds,
Series
2020A,
4.000%,
12/01/50,
(Mandatory
Put
12/01/25)
9/25
at
100.58
8,054,522
11,755
Mobile
Industrial
Development
Board,
Alabama,
Pollution
Control
Revenue
Refunding
Bonds,
Alabama
Power
Company
Barry
Plan,
Series
2007A,
1.000%,
6/01/34,
(Mandatory
Put
6/26/25)
No
Opt.
Call
11,086,051
23,445
Mobile
Industrial
Development
Board,
Alabama,
Pollution
Control
Revenue
Refunding
Bonds,
Alabama
Power
Company
Barry
Plan,
Series
2008,
2.900%,
7/15/34,
(Mandatory
Put
12/12/23)
No
Opt.
Call
23,367,193
7,500
Selma
Industrial
Development
Board,
Alabama,
Gulf
Opportunity
Zone
Revenue
Bonds,
International
Paper
Company
Project,
Refunding
Series
2020A,
1.375%,
5/01/34,
(Mandatory
Put
6/16/25)
No
Opt.
Call
7,135,088
17,500
Southeast
Alabama
Gas
Supply
District,
Alabama,
Gas
Supply
Revenue
Bonds,
Project
2,
Fixed
Rate
Series
2018A,
4.000%,
6/01/49,
(Mandatory
Put
6/01/24)
3/24
at
100.29
17,385,706
9,000
Southeast
Energy
Authority,
Alabama,
Commodity
Supply
Revenue
Bonds,
Project
2,
Series
2021B-1,
4.000%,
12/01/51,
(Mandatory
Put
12/01/31)
9/31
at
100.62
8,376,483
13,785
Southeast
Energy
Authority,
Alabama,
Commodity
Supply
Revenue
Bonds,
Project
4,
Series
2022B-1,
5.000%,
5/01/53,
(Mandatory
Put
8/01/28)
5/28
at
100.34
13,774,391
10,000
Southeast
Energy
Authority,
Alabama,
Commodity
Supply
Revenue
Bonds,
Project
5,
Series
2023A,
5.250%,
1/01/54,
(Mandatory
Put
7/01/29)
4/29
at
100.18
10,069,843
Total
Alabama
136,097,186
Alaska
-
1.2%
1,380
Alaska
Housing
Finance
Corporation,
Mortgage
Revenue
Bonds,
General
Series
2016A-II,
1.900%,
12/01/24
No
Opt.
Call
1,340,342
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Alaska
-
1.2%
(continued)
$
12,345
Alaska
Housing
Finance
Corporation,
Mortgage
Revenue
Bonds,
General
Series
2020A-II,
2.000%,
12/01/35
6/29
at
100.00
$
9,062,808
23,000
Alaska
Housing
Finance
Corporation,
Mortgage
Revenue
Bonds,
General
Series
2020B-II,
2.000%,
12/01/35
6/29
at
100.00
17,148,664
3,560
Alaska
Housing
Finance
Corporation,
Mortgage
Revenue
Bonds,
General
Series
2022A-II,
2.150%,
12/01/36
12/30
at
100.00
2,699,246
8,110
Alaska
Housing
Finance
Corporation,
Mortgage
Revenue
Bonds,
Series
2022B-1,
2.150%,
6/01/36
12/30
at
100.00
6,022,227
Alaska
Industrial
Development
and
Export
Authority,
Power
Revenue
Bonds,
Snettisham
Hydroelectric
Project,
Refunding
Series
2015
:
1,655
5.000%,
1/01/24,
(AMT)
No
Opt.
Call
1,654,497
3,565
5.000%,
1/01/26,
(AMT)
7/25
at
100.00
3,558,341
Alaska
Industrial
Development
and
Export
Authority,
Revenue
Bonds,
Greater
Fairbanks
Community
Hospital
Foundation
Project,
Refunding
Series
2019
:
5,145
5.000%,
4/01/27
No
Opt.
Call
5,263,719
5,355
5.000%,
4/01/28
No
Opt.
Call
5,519,455
5,575
5.000%,
4/01/29
No
Opt.
Call
5,764,405
Alaska
State,
General
Obligation
Bonds,
Series
2023A
:
2,570
5.000%,
8/01/24
No
Opt.
Call
2,593,703
2,020
5.000%,
8/01/25
No
Opt.
Call
2,061,760
Northern
Tobacco
Securitization
Corporation,
Alaska,
Tobacco
Settlement
Asset-Backed
Bonds,
Senior
Series
2021A
Class
1
:
550
5.000%,
6/01/24
No
Opt.
Call
552,870
1,000
5.000%,
6/01/25
No
Opt.
Call
1,014,069
Total
Alaska
64,256,106
Arizona
-
1.5%
Arizona
State,
Certificates
of
Participation,
Refunding
Series
2019A
:
5,550
(c)
5.000%,
10/01/26,
(ETM)
No
Opt.
Call
5,739,410
5,055
(c)
5.000%,
10/01/27,
(ETM)
No
Opt.
Call
5,304,494
6,760
Chandler
Industrial
Development
Authority,
Arizona,
Industrial
Development
Revenue
Bonds,
Intel
Corporation
Project,
Series
2007,
4.100%,
12/01/37,
(AMT),
(Mandatory
Put
6/15/28)
2/28
at
100.00
6,618,093
8,935
Chandler
Industrial
Development
Authority,
Arizona,
Industrial
Development
Revenue
Bonds,
Intel
Corporation
Project,
Series
2019,
5.000%,
6/01/49,
(AMT),
(Mandatory
Put
6/03/24)
6/24
at
100.00
8,943,580
11,885
Chandler
Industrial
Development
Authority,
Arizona,
Industrial
Development
Revenue
Bonds,
Intel
Corporation
Project,
Series
2022-2,
5.000%,
9/01/52,
(AMT),
(Mandatory
Put
9/01/27)
3/27
at
100.00
12,021,386
3,600
Chandler,
Arizona,
General
Obligation
Bonds,
Series
2017,
2.300%,
7/01/28
7/27
at
100.00
3,225,275
4,000
Coconino
County,
Arizona,
Pollution
Control
Revenue
Bonds,
Nevada
Power
Company
Project,
Refunding
Series
2017B,
4.125%,
9/01/32,
(AMT),
(Mandatory
Put
3/31/26)
No
Opt.
Call
3,938,093
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Arizona
-
1.5%
(continued)
$
5,000
Maricopa
County
Industrial
Development
Authority,
Arizona,
Revenue
Bonds,
Banner
Health,
Series
2023A-1,
5.000%,
1/01/53,
(Mandatory
Put
5/15/26)
11/25
at
100.82
$
5,109,769
3,030
(d)
Maricopa
County
Industrial
Development
Authority,
Arizona,
Revenue
Bonds,
Banner
Health,
Variable
Rate
Series
2019C,
4.550%,
1/01/35,
(Mandatory
Put
10/18/24)
(SIFMA
reference
rate
+
0.570%
spread)
10/23
at
100.00
3,022,937
10,050
Maricopa
County
Pollution
Control
Corporation,
Arizona,
Pollution
Control
Revenue
Bonds,
Public
Service
Company
of
New
Mexico
Palo
Verde
Project,
Refunding
Series
2003A,
3.000%,
1/01/38,
(Mandatory
Put
6/01/24)
No
Opt.
Call
9,925,358
4,500
Maricopa
County
Pollution
Control
Corporation,
Arizona,
Pollution
Control
Revenue
Bonds,
Public
Service
Company
of
New
Mexico
Palo
Verde
Project,
Refunding
Series
2010A,
0.875%,
6/01/43,
(Mandatory
Put
10/01/26)
No
Opt.
Call
3,927,595
2,150
Maricopa
County
Pollution
Control
Corporation,
Arizona,
Pollution
Control
Revenue
Bonds,
Public
Service
Company
of
New
Mexico
Palo
Verde
Project,
Refunding
Series
2010B,
0.875%,
6/01/43,
(Mandatory
Put
10/01/26)
No
Opt.
Call
1,876,518
1,270
Maricopa
County
Unified
School
District
60
Higley,
Arizona,
General
Obligation
Bonds,
School
Improvement
Project
of
2013,
Series
2014A,
4.000%,
7/01/24
No
Opt.
Call
1,270,721
3,615
Mesa,
Arizona,
Street
and
Highway
User
Revenue
Bonds,
Refunding
Series
2015,
5.000%,
7/01/26
7/25
at
100.00
3,687,388
1,135
Paradise
Valley
Unified
School
District
No.
69,
Maricopa
County,
Arizona,
General
Obligation
Bonds,
School
Improvement
Project
of
2019,
Series
2022D,
5.000%,
7/01/24
No
Opt.
Call
1,144,711
2,055
Pinal
County,
Arizona,
Pledged
Revenue
Obligations,
Refunding
Series
2014,
5.000%,
8/01/24
No
Opt.
Call
2,073,953
2,470
Tempe
Industrial
Development
Authority,
Arizona,
Revenue
Bonds,
Friendship
Village
of
Tempe
Project,
Refunding
Series
2021C-2.
TEMPS
-60,
1.125%,
12/01/26
10/23
at
100.00
2,453,652
3,715
Yavapai
County
Industrial
Development
Authority,
Arizona,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Series
2002,
1.300%,
6/01/27,
(AMT)
No
Opt.
Call
3,279,661
Total
Arizona
83,562,594
Arkansas
-
0.5%
11,295
Fayetteville,
Arkansas,
Sales
and
Use
Tax
Revenue
Bonds,
Capital
Improvement
Series
2022,
2.875%,
11/01/32
11/26
at
100.00
10,580,814
2,200
Fayetteville,
Arkansas,
Sales
and
Use
Tax
Revenue
Bonds,
Refunding
&
Capital
Improvement
Series
2019A,
2.000%,
11/01/29
11/26
at
100.00
2,055,886
Pulaski
County
Public
Facilities
Board,
Arkansas,
Healthcare
Revenue
Bonds,
Baptist
Health,
Series
2014
:
1,760
5.000%,
12/01/23
No
Opt.
Call
1,761,599
2,195
5.000%,
12/01/24
No
Opt.
Call
2,211,718
2,045
Rogers
School
District
30,
Benton
County,
Arkansas,
General
Obligation
Bonds,
Construction
Series
2019,
2.125%,
2/01/31
2/25
at
100.00
1,712,242
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Arkansas
-
0.5%
(continued)
Rogers
School
District
30,
Benton
County,
Arkansas,
General
Obligation
Bonds,
Refunding
Series
2019
:
$
2,560
3.000%,
2/01/27
8/24
at
100.00
$
2,444,555
3,790
3.000%,
2/01/28
8/24
at
100.00
3,575,174
3,915
3.000%,
2/01/29
8/24
at
100.00
3,636,760
Total
Arkansas
27,978,748
California
-
3.3%
17,400
Bay
Area
Toll
Authority,
California,
Revenue
Bonds,
San
Francisco
Bay
Area
Toll
Bridge,
Term
Rate
Series
2018A,
2.625%,
4/01/45,
(Mandatory
Put
4/01/26)
10/25
at
100.00
16,674,585
4,000
California
Community
Choice
Financing
Authority,
Clean
Energy
Project
Revenue
Bonds,
Green
Series
2023C,
5.250%,
1/01/54,
(Mandatory
Put
10/01/31)
10/30
at
100.65
3,993,144
5,000
California
Community
Choice
Financing
Authority,
Clean
Energy
Project
Revenue
Bonds,
Green
SIFMA
Index
Rate
Series
2022A-1,
4.000%,
5/01/53,
(Mandatory
Put
8/01/28)
5/28
at
100.03
4,842,466
California
County
Tobacco
Securitization
Agency,
Tobacco
Settlement
Asset-Backed
Bonds,
Los
Angeles
County
Securitization
Corporation,
Series
2020A
:
605
5.000%,
6/01/24
No
Opt.
Call
608,518
805
5.000%,
6/01/25
No
Opt.
Call
815,055
1,980
5.000%,
6/01/26
No
Opt.
Call
2,022,476
840
5.000%,
6/01/27
No
Opt.
Call
865,985
1,185
5.000%,
6/01/28
No
Opt.
Call
1,231,297
1,475
5.000%,
6/01/29
No
Opt.
Call
1,545,178
6,335
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
Adventist
Health
System/West,
Series
2011A,
3.000%,
3/01/41,
(Mandatory
Put
3/01/24)
10/23
at
100.00
6,295,560
3,230
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
Kaiser
Permanante
System,
Series
2006C,
5.000%,
6/01/41,
(Mandatory
Put
11/01/29)
No
Opt.
Call
3,455,828
8,765
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
Providence
Saint
Joseph
Health,
Series
2016B-3,
2.000%,
10/01/36,
(Mandatory
Put
10/01/25)
10/25
at
100.00
8,433,339
3,045
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
Providence
Saint
Joseph
Health,
Term
Rate
Series
2019C,
5.000%,
10/01/39,
(Mandatory
Put
10/01/25)
10/25
at
100.00
3,103,244
15,435
California
Infrastructure
and
Economic
Development
Bank,
Revenue
Bonds,
Brightline
West
Passenger
Rail
Project,
Series
2020A,
3.650%,
1/01/50,
(AMT),
(Mandatory
Put
1/31/24)
10/23
at
100.00
15,341,205
19,790
California
Municipal
Finance
Authority,
Revenue
Bonds,
Linxs
APM
Project,
Senior
Lien
Series
2018A,
3.000%,
12/31/30
-
AGM
Insured,
(AMT)
6/28
at
100.00
17,397,652
California
Municipal
Finance
Authority,
Reveue
Bonds,
Community
Medical
Centers,
Series
2017A
:
1,920
5.000%,
2/01/24
No
Opt.
Call
1,924,352
1,700
5.000%,
2/01/25
No
Opt.
Call
1,711,108
2,000
5.000%,
2/01/26
No
Opt.
Call
2,018,383
1,500
5.000%,
2/01/27
No
Opt.
Call
1,524,585
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
3.3%
(continued)
$
9,270
California
Municipal
Finance
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.
Project,
Series
2019A,
2.400%,
10/01/44,
(AMT),
(Mandatory
Put
10/01/29)
7/29
at
100.00
$
8,109,608
1,525
California
Municipal
Finance
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.
Project,
Series
2022A,
4.125%,
10/01/41,
(AMT),
(Mandatory
Put
10/01/25)
7/25
at
100.00
1,514,776
6,840
California
Pollution
Control
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Refunding
Series
2015A-2,
3.625%,
7/01/27,
(AMT)
7/25
at
100.00
6,617,205
9,020
California
Pollution
Control
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Series
2015A-1,
3.375%,
7/01/25,
(AMT)
No
Opt.
Call
8,809,836
6,700
California
Pollution
Control
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management,
Inc.
Project,
Refunding
Series
2015B-
1,
3.000%,
11/01/25,
(AMT)
No
Opt.
Call
6,466,597
5,600
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2014A,
5.250%,
12/01/29
12/24
at
100.00
5,635,648
1,000
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2016A,
5.000%,
12/01/27,
144A
6/26
at
100.00
999,149
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2018A
:
1,070
5.000%,
12/01/26,
144A
No
Opt.
Call
1,069,523
350
5.000%,
12/01/27,
144A
No
Opt.
Call
348,405
765
(c)
California
Statewide
Communities
Development
Authority,
Revenue
Bonds,
Huntington
Memorial
Hospital,
Refunding
Series
2014B,
5.000%,
7/01/24,
(ETM)
No
Opt.
Call
773,008
345
California
Statewide
Communities
Development
Authority,
Revenue
Bonds,
Kaiser
Permanente,
Series
2009C-3,
5.000%,
4/01/45,
(Mandatory
Put
11/01/29)
No
Opt.
Call
369,121
5,010
(c)
Golden
State
Tobacco
Securitization
Corporation,
California,
Enhanced
Tobacco
Settlement
Asset-Backed
Revenue
Bonds,
Refunding
Series
2015A,
5.000%,
6/01/45,
(Pre-refunded
6/01/25)
6/25
at
100.00
5,120,431
Los
Angeles
Department
of
Airports,
California,
Revenue
Bonds,
Los
Angeles
International
Airport,
Refunding
&
Subordinate
Green
Series
2023A
:
1,000
5.000%,
5/15/25,
(AMT)
No
Opt.
Call
1,012,629
1,500
5.000%,
5/15/26,
(AMT)
No
Opt.
Call
1,529,945
2,250
5.000%,
5/15/27,
(AMT)
No
Opt.
Call
2,313,770
2,000
5.000%,
5/15/28,
(AMT)
No
Opt.
Call
2,074,477
2,835
5.000%,
5/15/29,
(AMT)
No
Opt.
Call
2,955,900
4,000
Los
Angeles
Department
of
Airports,
California,
Revenue
Bonds,
Los
Angeles
International
Airport,
Refunding
Senior
Lien
Series
2018B,
5.000%,
5/15/26,
(AMT)
No
Opt.
Call
4,086,818
4,725
Los
Angeles
Department
of
Airports,
California,
Revenue
Bonds,
Los
Angeles
International
Airport,
Subordinate
Lien
Series
2021D,
5.000%,
5/15/26,
(AMT)
No
Opt.
Call
4,819,325
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
3.3%
(continued)
$
2,780
Sacramento
Municipal
Utility
District,
California,
Electric
Revenue
Bonds,
Refunding
Series
2023D,
5.000%,
8/15/49,
(Mandatory
Put
10/15/30)
4/30
at
100.00
$
3,001,983
2,025
San
Diego
Association
of
Governments,
California,
Capital
Grants
Receipts
Revenue
Bonds,
Mid-Coast
Corridor
Transit
Project,
Green
Series
2019B,
1.800%,
11/15/27
11/26
at
100.00
1,805,273
7,175
San
Francisco
Airport
Commission,
California,
Revenue
Bonds,
San
Francisco
International
Airport,
Refunding
Second
Series
2023A,
5.000%,
5/01/27,
(AMT)
No
Opt.
Call
7,375,214
4,245
San
Francisco
Airports
Commission,
California,
Revenue
Bonds,
San
Francisco
International
Airport,
Refunding
Second
Series
2019A,
5.000%,
5/01/36,
(AMT)
5/29
at
100.00
4,352,458
3,465
San
Francisco
Airports
Commission,
California,
Revenue
Bonds,
San
Francisco
International
Airport,
Refunding
Second
Series
2019H,
5.000%,
5/01/28,
(AMT)
No
Opt.
Call
3,592,749
3,000
University
of
California,
General
Revenue
Bonds,
Series
2023BM,
5.000%,
5/15/28
No
Opt.
Call
3,237,273
Total
California
181,795,081
Colorado
-
2.8%
2,750
Arapahoe
County
School
District
5
Cherry
Creek,
Colorado,
General
Obligation
Bonds,
Series
2012B,
2.500%,
12/15/28
10/23
at
100.00
2,551,995
3,360
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
AdventHealth
Obligated
Group,
Series
2023A-1,
5.000%,
11/15/58,
(Mandatory
Put
11/15/28)
11/27
at
101.76
3,532,110
7,610
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Adventist
Health,
Sunbelt
Obligated
Group,
Series
2014E,
5.000%,
11/15/24
5/24
at
100.00
7,659,342
19,710
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-1,
5.000%,
8/01/49,
(Mandatory
Put
8/01/25)
2/25
at
100.00
19,798,395
11,945
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-2,
5.000%,
8/01/49,
(Mandatory
Put
8/01/26)
2/26
at
100.00
12,102,181
1,000
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2022A,
5.000%,
11/01/26
No
Opt.
Call
1,017,827
13,000
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Intermountain
Healthcare,
Series
2022C,
5.000%,
5/15/62,
(Mandatory
Put
8/15/28)
8/27
at
102.27
13,650,612
4,635
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
SCL
Health
System,
Refunding
Series
2019A,
5.000%,
1/01/27
No
Opt.
Call
4,804,037
630
Colorado
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Class
I
Series
2021E,
1.950%,
11/01/36
5/30
at
100.00
451,537
2,500
Colorado
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Class
I
Series
2021H,
1.800%,
11/01/36
5/30
at
100.00
1,736,584
473
Cornerstar
Metropolitan
District,
Arapahoe
County,
Colorado,
General
Obligation
Bonds,
Limited
Tax
Convertible
to
Unlimited
Tax,
Refunding
Series
2017A,
4.500%,
12/01/27
10/23
at
103.00
459,147
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Colorado
-
2.8%
(continued)
$
12,935
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Series
2022A,
5.000%,
11/15/26,
(AMT)
No
Opt.
Call
$
13,204,105
4,580
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Series
2022C,
5.000%,
11/15/25
No
Opt.
Call
4,696,302
7,000
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Series
2022D,
5.000%,
11/15/24,
(AMT)
No
Opt.
Call
7,050,383
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Subordinate
Lien
Series
2018A
:
13,115
5.000%,
12/01/24,
(AMT)
No
Opt.
Call
13,201,580
2,470
5.000%,
12/01/26,
(AMT)
No
Opt.
Call
2,511,462
9,195
Denver,
Colorado,
General
Obligation
Bonds,
Elevate
Denver,
Series
2019A,
5.000%,
8/01/25
No
Opt.
Call
9,412,878
3,000
(d)
E-470
Public
Highway
Authority,
Colorado,
Senior
Revenue
Bonds,
Series
2021B,
3.914%,
9/01/39,
(Mandatory
Put
9/01/24)
(SOFR*0.67%
reference
rate
+
0.350%
spread)
6/24
at
100.00
2,989,144
2,957
Gardens
on
Havana
Metropolitan
District
3,
Arapahoe
County,
Colorado,
Special
Revenue
Bonds,
Refunding
Series
2017A,
4.625%,
12/01/27
10/23
at
103.00
2,875,622
Regional
Transportation
District,
Colorado,
Private
Activity
Bonds,
Denver
Transit
Partners
Eagle
P3
Project,
Series
2020A
:
575
5.000%,
1/15/24
No
Opt.
Call
574,918
475
5.000%,
7/15/24
No
Opt.
Call
475,296
325
5.000%,
1/15/25
No
Opt.
Call
325,552
400
5.000%,
7/15/25
No
Opt.
Call
403,989
500
3.000%,
1/15/26
No
Opt.
Call
485,976
425
5.000%,
7/15/26
No
Opt.
Call
432,737
1,425
5.000%,
1/15/27
No
Opt.
Call
1,456,997
625
5.000%,
7/15/27
No
Opt.
Call
642,370
555
STC
Metropolitan
District
2,
Superior,
Boulder
County,
Colorado,
Limited
Tax
General
Obligation
and
Special
Revenue
Bonds,
Refunding
&
improvement
Series
2019A,
3.000%,
12/01/25
12/24
at
103.00
525,924
415
Sterling
Ranch
Community
Authority
Board,
Douglas
County,
Colorado,
Limited
Tax
Supported
District
2,
Refunding
&
Improvement
Senior
Series
2020A,
3.375%,
12/01/30
12/25
at
102.00
363,581
805
Transport
Metropolitan
District
3,
In
the
City
of
Aurora,
Adams
County,
Colorado,
General
Obligation
Limited
Bonds,
Series
2021A-1,
4.125%,
12/01/31
3/26
at
103.00
698,279
17,525
University
of
Colorado
Hospital
Authority,
Colorado,
Revenue
Bonds,
Refunding
Series
2019C,
5.000%,
11/15/47,
(Mandatory
Put
11/15/24)
5/24
at
100.00
17,592,524
6,395
University
of
Colorado,
Enterprise
System
Revenue
Bonds,
Refunding
Series
2021C-4,
2.000%,
6/01/51,
(Mandatory
Put
10/15/25)
No
Opt.
Call
6,086,619
Total
Colorado
153,770,005
Connecticut
-
2.3%
6,665
Connecticut
Health
and
Educational
Facilities
Authority,
Chefa
Revenue
Bonds,
Yale
University,
Remarketing
Series
2017B-2,
3.200%,
7/01/37,
(Mandatory
Put
7/01/26)
No
Opt.
Call
6,469,947
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Connecticut
-
2.3%
(continued)
$
1,250
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Stamford
Hospital,
Series
2021L-1,
4.000%,
7/01/25
No
Opt.
Call
$
1,224,264
27,535
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Yale
University,
Series
2015A,
0.375%,
7/01/35,
(Mandatory
Put
7/12/24)
No
Opt.
Call
26,584,558
9,620
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Yale
University,
Series
2017C-2,
2.800%,
7/01/57,
(Mandatory
Put
2/03/26)
No
Opt.
Call
9,276,632
17,810
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Yale
University,
Variable
Rate
Demand
Obligations,
Series
1999-U1,
1.100%,
7/01/33,
(Mandatory
Put
2/11/25)
No
Opt.
Call
17,030,957
28,090
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Yale-New
Haven
Health
Issue,
Series
2014D,
1.800%,
7/01/49,
(Mandatory
Put
7/01/24)
1/24
at
100.00
27,441,239
1,955
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2018D-1,
3.750%,
11/15/33
11/27
at
100.00
1,877,675
5,000
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2019F-1,
2.600%,
11/15/34
11/28
at
100.00
4,099,803
3,525
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2020A-1,
2.300%,
11/15/35
5/29
at
100.00
2,827,579
4,350
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2020C-1,
1.950%,
11/15/35
11/29
at
100.00
3,130,057
1,190
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2020C-2,
2.200%,
11/15/34,
(AMT)
11/29
at
100.00
908,673
4,000
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2021A-1,
1.700%,
5/15/34
5/30
at
100.00
2,957,498
3,900
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Series
2021B-1,
2.000%,
11/15/36
11/30
at
100.00
2,748,822
12,115
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Social
Series
2021D-1,
2.000%,
11/15/36
11/30
at
100.00
8,824,836
1,500
Connecticut
State,
General
Obligation
Bonds,
Series
2022E,
5.000%,
11/15/26
No
Opt.
Call
1,561,410
Connecticut
State,
Special
Tax
Obligation
Bonds,
Transportation
Infrastructure
Purposes,
Refunding
Series
2022B
:
6,085
5.000%,
7/01/25
No
Opt.
Call
6,204,554
3,210
5.000%,
7/01/26
No
Opt.
Call
3,322,783
1,000
West
Haven,
Connecticut,
General
Obligation
Bonds,
Series
2012,
5.000%,
8/01/25
-
AGM
Insured
10/23
at
100.00
1,000,711
Total
Connecticut
127,491,998
Delaware
-
0.8%
27,285
Delaware
Economic
Development
Authority,
Exempt
Facility
Revenue
Bonds,
NRG
Energy
Project,
Refunding
Series
2020A,
1.250%,
10/01/45,
(Mandatory
Put
10/01/25)
10/25
at
100.00
24,809,863
9,000
Delaware
Economic
Development
Authority,
Exempt
Facility
Revenue
Bonds,
NRG
Energy
Project,
Refunding
Series
2020B,
1.250%,
10/01/40,
(Mandatory
Put
10/01/25)
10/25
at
100.00
8,183,572
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Delaware
-
0.8%
(continued)
$
14,130
Delaware
Economic
Development
Authority,
Gas
Facilities
Revenue
Bonds,
Delmarva
Power
&
Light
Company
Project,
Refunding
Series
2020,
1.050%,
1/01/31,
(Mandatory
Put
7/01/25)
No
Opt.
Call
$
13,257,279
Total
Delaware
46,250,714
District
of
Columbia
-
1.9%
5,005
District
of
Columbia,
General
Obligation
Bonds,
Series
2023B,
5.000%,
6/01/26
No
Opt.
Call
5,178,482
2,405
District
of
Columbia,
Income
Tax
Secured
Revenue
Bonds,
Refunding
Forward
Delivery
Series
2022C,
5.000%,
12/01/26
No
Opt.
Call
2,505,144
25,040
District
of
Columbia,
Income
Tax
Secured
Revenue
Bonds,
Refunding
Series
2019C,
5.000%,
10/01/25
No
Opt.
Call
25,683,280
5,000
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2016A,
5.000%,
10/01/32,
(AMT)
10/26
at
100.00
5,044,116
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2018A
:
10,855
5.000%,
10/01/23,
(AMT)
No
Opt.
Call
10,855,000
7,320
5.000%,
10/01/25,
(AMT)
No
Opt.
Call
7,409,581
8,200
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2021A,
5.000%,
10/01/27,
(AMT)
No
Opt.
Call
8,441,793
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2022A
:
2,500
5.000%,
10/01/26,
(AMT)
No
Opt.
Call
2,549,118
2,700
5.000%,
10/01/27,
(AMT)
No
Opt.
Call
2,779,615
8,000
5.000%,
10/01/28,
(AMT)
No
Opt.
Call
8,298,668
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2023A
:
9,000
5.000%,
10/01/31,
(AMT)
No
Opt.
Call
9,472,638
9,000
5.000%,
10/01/32,
(AMT)
No
Opt.
Call
9,513,511
6,540
5.000%,
10/01/33,
(AMT)
10/32
at
100.00
6,891,540
Total
District
of
Columbia
104,622,486
Florida
-
4.4%
4,185
Broward
County,
Florida,
Airport
System
Revenue
Bonds,
Series
2015A,
5.000%,
10/01/27,
(AMT)
10/25
at
100.00
4,218,880
Broward
County,
Florida,
Airport
System
Revenue
Bonds,
Series
2017
:
1,040
5.000%,
10/01/23,
(AMT)
No
Opt.
Call
1,040,000
2,000
5.000%,
10/01/34,
(AMT)
10/27
at
100.00
2,035,051
11,225
Citizens
Property
Insurance
Corporation,
Florida,
Coastal
Account
Senior
Secured
Bonds,
Series
2015A-1,
5.000%,
6/01/25
12/24
at
100.00
11,312,706
Florida
Development
Finance
Corporation,
Florida,
Surface
Transportation
Facility
Revenue
Bonds,
Virgin
Trains
USA
Passenger
Rail
Project,
Series
2019A
:
18,680
6.250%,
1/01/49,
(AMT),
(Mandatory
Put
1/01/24),
144A
10/23
at
101.00
18,619,940
26,750
6.375%,
1/01/49,
(AMT),
(Mandatory
Put
1/01/26),
144A
10/23
at
102.00
25,497,509
24,930
6.500%,
1/01/49,
(AMT),
(Mandatory
Put
1/01/29),
144A
10/23
at
102.00
23,698,523
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
-
4.4%
(continued)
$
9,900
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Florida
Passenger
Rail
Expansion
Project,
Series
2023A,
7.500%,
7/01/57,
(AMT),
(Mandatory
Put
8/15/24)
10/23
at
101.00
$
9,718,649
23,660
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Passenger
Rail
Expansion
Project,
Series
2022A,
7.250%,
7/01/57,
(AMT),
(Mandatory
Put
10/03/23),
144A
10/23
at
100.00
24,606,400
21,000
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Passenger
Rail
Expansion
Project,
Series
2023C,
8.000%,
7/01/57,
(AMT),
(Mandatory
Put
4/01/24),
144A
11/23
at
100.00
20,790,330
1,595
Florida
Housing
Finance
Corporation,
Homeowner
Mortgage
Revenue
Bonds,
Series
2018-2,
3.750%,
7/01/33
1/28
at
100.00
1,564,263
6,925
Florida
Housing
Finance
Corporation,
Homeowner
Mortgage
Revenue
Bonds,
Series
2019-1,
2.800%,
7/01/34
7/28
at
100.00
6,581,567
2,310
Florida
Housing
Finance
Corporation,
Homeowner
Mortgage
Revenue
Bonds,
Social
Series
2021-1,
1.800%,
7/01/36
1/30
at
100.00
1,616,835
2,825
Florida
Housing
Finance
Corporation,
Homeowner
Mortgage
Revenue
Bonds,
Social
Series
2021-2,
1.800%,
7/01/36
7/30
at
100.00
2,020,719
Florida
State
Board
of
Education,
Public
Education
Capital
Outlay
Bonds,
Refunding
Series
2015C
:
5,000
4.000%,
6/01/32
6/24
at
100.00
4,820,932
5,910
4.000%,
6/01/34
6/24
at
100.00
5,897,181
10,000
Florida
State
Board
of
Education,
Public
Education
Capital
Outlay
Bonds,
Refunding
Series
2015E,
4.000%,
6/01/34
6/25
at
100.00
9,755,026
17,395
Greater
Orlando
Aviation
Authority,
Florida,
Airport
Facilities
Revenue
Bonds,
Series
2019A,
5.000%,
10/01/27,
(AMT)
No
Opt.
Call
17,907,925
10,000
(c)
Hillsborough
County
Aviation
Authority,
Florida,
Revenue
Bonds,
Tampa
International
Airport,
Senior
Lien
Series
2015A,
5.000%,
10/01/44,
(Pre-
refunded
10/01/24),
(AMT)
10/24
at
100.00
10,070,535
2,000
Jacksonville,
Florida,
Special
Revenue
Bonds,
Refunding
Forward
Delivery
Series
2022A,
5.000%,
10/01/25
No
Opt.
Call
2,049,443
Manatee
County
School
District,
Florida,
Sales
Tax
Revenue
Bonds,
Series
2017
:
2,800
5.000%,
10/01/25
-
AGM
Insured
No
Opt.
Call
2,861,106
2,340
5.000%,
10/01/26
-
AGM
Insured
No
Opt.
Call
2,414,505
2,080
5.000%,
10/01/27
-
AGM
Insured
4/27
at
100.00
2,151,953
3,110
5.000%,
10/01/28
-
AGM
Insured
4/27
at
100.00
3,223,378
2,600
5.000%,
10/01/29
-
AGM
Insured
4/27
at
100.00
2,693,097
5,000
Miami-Dade
County,
Florida,
Aviation
Revenue
Bonds,
Refunding
Series
2014A,
5.000%,
10/01/36,
(AMT)
10/24
at
100.00
4,995,436
2,500
Okeechobee
County,
Florida,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Series
2004A,
0.550%,
7/01/39,
(Mandatory
Put
7/01/24)
No
Opt.
Call
2,428,826
Orlando,
Florida,
Tourist
Development
Tax
Revenue
Bonds,
6th
Cent
Contract
Payments,
Refunding
Senior
Series
2017A
:
2,170
5.000%,
11/01/29
-
AGM
Insured
11/27
at
100.00
2,256,968
9,215
5.000%,
11/01/30
-
AGM
Insured
11/27
at
100.00
9,544,912
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
-
4.4%
(continued)
$
2,485
Pompano
Beach,
Florida,
Revenue
Bonds,
John
Knox
Village
of
Florida
Incorporated
Project,
Entrance
Fee
2021B-2,
1.450%,
1/01/27
No
Opt.
Call
$
2,203,166
South
Miami
Health
Facilities
Authority,
Florida,
Hospital
Revenue
Bonds,
Baptist
Health
Systems
of
South
Florida
Obligated
Group,
Refunding
Series
2017
:
2,215
5.000%,
8/15/24
No
Opt.
Call
2,230,874
5,500
5.000%,
8/15/25
No
Opt.
Call
5,581,660
280
(e)
Tolomato
Community
Development
District,
Florida,
Special
Assessment
Bonds,
Refunding
Series
2015-2,
0.000%,
5/01/40
10/23
at
100.00
259,463
305
(f)
Tolomato
Community
Development
District,
Florida,
Special
Assessment
Bonds,
Refunding
Series
2015-3,
6.610%,
5/01/40
10/23
at
100.00
3
Total
Florida
246,667,761
Georgia
-
2.1%
Atlanta,
Georgia,
Airport
General
Revenue
Bonds,
Refunding
Series
2023G
:
2,000
5.000%,
7/01/26,
(AMT)
,
(WI/DD)
No
Opt.
Call
2,034,660
1,250
5.000%,
7/01/27,
(AMT)
,
(WI/DD)
No
Opt.
Call
1,283,319
2,625
5.000%,
7/01/28,
(AMT)
,
(WI/DD)
No
Opt.
Call
2,716,822
5,000
5.000%,
7/01/29,
(AMT)
,
(WI/DD)
No
Opt.
Call
5,209,340
115
Atlanta,
Georgia,
Airport
Passenger
Facilities
Charge
and
General
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2014A,
5.000%,
1/01/29
1/24
at
100.00
114,956
2,500
Atlanta,
Georgia,
Airport
Passenger
Facilities
Charge
and
General
Revenue
Bonds,
Subordinate
Lien
Green
Series
2023E,
5.000%,
7/01/24,
(AMT)
No
Opt.
Call
2,512,791
2,885
Georgia
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Series
2020A,
2.750%,
12/01/35
6/29
at
100.00
2,337,144
2,750
Georgia
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Series
2021A,
2.250%,
12/01/36
12/30
at
100.00
2,033,092
24,620
Georgia
State,
General
Obligation
Bonds,
Refunding
Series
2022C,
4.000%,
7/01/24
No
Opt.
Call
24,662,696
5,000
Georgia
State,
General
Obligation
Bonds,
Refunding
Series
2023C,
5.000%,
1/01/33
No
Opt.
Call
5,603,913
5,055
Georgia
State,
General
Obligation
Bonds,
Series
2017A,
5.000%,
2/01/32
2/27
at
100.00
5,258,778
6,070
Georgia
State,
General
Obligation
Bonds,
Tranche
2
Series
2016A,
5.000%,
2/01/28
2/26
at
100.00
6,249,386
12,390
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2019B,
4.000%,
8/01/49,
(Mandatory
Put
12/02/24)
9/24
at
100.43
12,311,839
10,060
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2022A,
4.000%,
9/01/52,
(Mandatory
Put
12/01/29)
9/29
at
100.28
9,502,582
18,900
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2022C,
4.000%,
8/01/52,
(Mandatory
Put
11/01/27),
144A
5/27
at
100.81
17,825,560
6,500
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023A,
5.000%,
6/01/53,
(Mandatory
Put
6/01/30)
3/30
at
100.20
6,450,029
5,000
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023B,
5.000%,
7/01/53,
(Mandatory
Put
3/01/30)
12/29
at
100.31
5,051,663
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Georgia
-
2.1%
(continued)
$
2,445
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023C,
5.000%,
9/01/53,
(Mandatory
Put
9/01/30)
6/30
at
100.15
$
2,471,936
3,500
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023E-1,
5.000%,
12/01/53,
(Mandatory
Put
6/01/31)
3/31
at
100.08
3,541,968
1,035
Monroe
County
Development
Authority,
Georgia,
Pollution
Control
Revenue
Bonds,
Georgia
Power
Company
-
Scherer
Plant,
Series
2009-2,
3.875%,
10/01/48,
(Mandatory
Put
3/06/26)
No
Opt.
Call
1,013,634
Total
Georgia
118,186,108
Guam
-
0.1%
Guam
Power
Authority,
Revenue
Bonds,
Refunding
Series
2022A
:
3,125
5.000%,
10/01/23
No
Opt.
Call
3,125,000
2,365
5.000%,
10/01/24
No
Opt.
Call
2,372,543
Total
Guam
5,497,543
Hawaii
-
0.6%
2,500
Hawaii
Department
of
Budget
and
Finance,
Special
Purpose
Revenue
Bonds,
Hawaiian
Electric
Company,
Inc.
and
Subsidiary
Projects,
Refunding
Series
2019,
3.200%,
7/01/39
7/29
at
100.00
1,602,217
17,140
Hawaii
Department
of
Budget
and
Finance,
Special
Purpose
Revenue
Bonds,
Hawaiian
Electric
Company,
Inc.
and
Subsidiary
Projects,
Series
2017A,
3.100%,
5/01/26,
(AMT)
No
Opt.
Call
12,829,683
10,030
HAWAIIAN
ELECTRIC
COMPANY
INC.
and
Its
Subsidiaries,
Special
Purpose
Revenue
Bonds,
Deparment
of
Budget
and
Finance
of
the
State
of
Hawaii,
Series
2015,
3.250%,
1/01/25,
(AMT)
No
Opt.
Call
7,654,823
5,895
Honolulu
City
and
County,
Hawaii,
General
Obligation
Bonds,
Refunding
Series
2017D,
5.000%,
9/01/30
9/27
at
100.00
6,189,254
2,205
Honolulu
City
and
County,
Hawaii,
Wastewater
System
Revenue
Bonds,
First
Bond
Resolution,
Refunding
Senior
Series
2015B,
5.000%,
7/01/26
7/25
at
100.00
2,249,153
Total
Hawaii
30,525,130
Idaho
-
0.6%
Idaho
Health
Facilities
Authority,
Revenue
Bonds,
Saint
Luke's
Health
System
Project,
Series
2018A
:
6,020
5.000%,
3/01/26
No
Opt.
Call
6,114,312
4,320
5.000%,
3/01/27
No
Opt.
Call
4,415,902
4,815
5.000%,
3/01/29
9/28
at
100.00
4,944,335
4,880
5.000%,
3/01/31
9/28
at
100.00
4,989,191
12,935
Nez
Perce
County,
Idaho,
Pollution
Control
Revenue
Bonds,
Potlatch
Corporation
Project,
Refunding
Series
2016,
2.750%,
10/01/24
No
Opt.
Call
12,705,349
Total
Idaho
33,169,089
Illinois
-
6.5%
Adams
County
School
District
172,
Quincy,
Illinois,
General
Obligation
Bonds,
Series
2016
:
1,290
5.000%,
2/01/25
-
AGM
Insured
No
Opt.
Call
1,304,903
1,455
5.000%,
2/01/27
-
AGM
Insured
2/26
at
100.00
1,485,115
Chanpaign
County
Community
Unit
School
District
4,
Illinois,
General
Obligation
Bonds,
School
Building
Series
2020A
:
550
0.000%,
1/01/26
No
Opt.
Call
497,880
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
6.5%
(continued)
$
780
0.000%,
1/01/27
No
Opt.
Call
$
676,791
585
0.000%,
1/01/28
No
Opt.
Call
487,411
19,250
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2017B,
6.750%,
12/01/30,
144A
12/27
at
100.00
20,761,485
3,300
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2017G,
5.000%,
12/01/34
12/27
at
100.00
3,308,631
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2019A
:
1,065
0.000%,
12/01/25
No
Opt.
Call
959,122
1,455
0.000%,
12/01/26
No
Opt.
Call
1,247,655
13,000
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Refunding
Senior
Lien
Series
2015A.,
5.000%,
1/01/32
1/25
at
100.00
13,025,481
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Refunding
Senior
Lien
Series
2022C
:
2,000
5.000%,
1/01/24
No
Opt.
Call
2,001,889
1,250
5.000%,
1/01/25
No
Opt.
Call
1,258,766
5,975
5.000%,
1/01/26
No
Opt.
Call
6,034,465
2,510
Chicago,
Illinois,
General
Obligation
Bonds,
Chicago
Works
Series
2023A,
5.000%,
1/01/34
1/32
at
100.00
2,581,105
Chicago,
Illinois,
General
Obligation
Bonds,
Refunding
Series
2016C
:
7,725
5.000%,
1/01/24
No
Opt.
Call
7,736,145
4,360
5.000%,
1/01/25
No
Opt.
Call
4,394,964
1,970
5.000%,
1/01/26
No
Opt.
Call
2,003,717
2,100
Cook
County,
Illinois,
General
Obligation
Bonds,
Refunding
Series
2021B,
4.000%,
11/15/24
No
Opt.
Call
2,100,418
Cook
County,
Illinois,
General
Obligation
Bonds,
Refunding
Series
2022A
:
10,030
5.000%,
11/15/24
No
Opt.
Call
10,140,406
5,020
5.000%,
11/15/25
No
Opt.
Call
5,106,510
DuPage
County
School
District
58
Downers
Grove,
Illinois,
General
Obligation
Bonds,
Limited
Tax
Capital
Appreciation
School
Series
2018
:
980
0.000%,
12/15/26
No
Opt.
Call
837,272
20
(c)
0.000%,
12/15/26,
(ETM)
No
Opt.
Call
17,734
1,050
0.000%,
12/15/27
No
Opt.
Call
859,606
8,080
Grundy,
Kendall,
and
Will
Counties
Community
Consolidated
School
District
201,
Minooka,
Illinois,
General
Obligation
Bonds,
Refunding
School
Series
2019,
3.000%,
10/15/27
10/26
at
100.00
7,749,350
20,800
Illinois
Development
Finance
Authority,
Revenue
Bonds,
St
Vincent
de
Paul
Center
Project,
Series
2000A,
2.450%,
11/15/39,
(Mandatory
Put
3/03/26)
No
Opt.
Call
19,544,951
11,300
Illinois
Finance
Authority,
Midwestern
Disaster
Area
Industrial
Development
Revenue
Bonds,
Cargill,
Incorporated
Project,
Series
2012,
1.250%,
11/01/38,
(Mandatory
Put
11/01/26)
No
Opt.
Call
10,236,349
3,270
Illinois
Finance
Authority,
Revenue
Bonds,
Advocate
Health
Care
Network,
Series
2008A-1,
4.000%,
11/01/30
No
Opt.
Call
3,136,223
Illinois
Finance
Authority,
Revenue
Bonds,
Centegra
Health
System,
Series
2014A
:
2,240
(c)
5.000%,
9/01/24,
(ETM)
No
Opt.
Call
2,260,240
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
6.5%
(continued)
$
865
(c)
5.000%,
9/01/25,
(Pre-refunded
9/01/24)
9/24
at
100.00
$
872,816
11,815
Illinois
Finance
Authority,
Revenue
Bonds,
OSF
Healthcare
System,
Series
2020B-2,
5.000%,
5/15/50,
(Mandatory
Put
11/15/26)
5/26
at
100.00
11,998,147
1,025
Illinois
FInance
Authority,
Revenue
Bonds,
Southern
Illinois
Healthcare
Enterprises,
Inc.,
Refunding
Series
2017C,
5.000%,
3/01/25
No
Opt.
Call
1,034,732
Illinois
Finance
Authority,
Revenue
Bonds,
Swedish
Covenant
Hospital,
Series
2016A
:
1,075
(c)
5.000%,
8/15/24,
(ETM)
No
Opt.
Call
1,083,645
2,000
(c)
5.000%,
8/15/25,
(ETM)
No
Opt.
Call
2,037,149
3,000
(c)
5.000%,
8/15/26,
(ETM)
No
Opt.
Call
3,092,500
1,000
Illinois
Finance
Authority,
Revenue
Bonds,
University
of
Chicago
Medicine,
Series
2022A,
5.000%,
8/15/52,
(Mandatory
Put
8/15/27)
5/27
at
100.00
1,035,819
7,080
Illinois
Finance
Authority,
Revenue
Bonds,
University
of
Chicago
Medicine,
Series
2022B-1,
5.000%,
8/15/52,
(Mandatory
Put
8/15/25)
5/25
at
100.00
7,167,205
2,000
Illinois
Finance
Authority,
Water
Facilities
Revenue
Bonds,
American
Water
Capital
Corporation
Project,
Refunding
Series
2020,
3.875%,
5/01/40,
(Mandatory
Put
9/01/28)
No
Opt.
Call
1,945,200
17,530
Illinois
Housing
Development
Authority,
Multifamily
Housing
Revenue
Bonds,
835
Wilson,
Series
2022,
3.375%,
6/01/25,
(Mandatory
Put
6/01/24)
6/24
at
100.00
17,369,303
10,135
Illinois
Housing
Development
Authority,
Revenue
Bonds,
Green
Series
2021B,
1.950%,
10/01/36
4/30
at
100.00
7,246,681
2,655
Illinois
Municipal
Electric
Agency,
Power
Supply
System
Revenue
Bonds,
Refunding
Series
2015A,
5.000%,
2/01/25
No
Opt.
Call
2,690,479
5,000
Illinois
State,
General
Obligation
Bonds,
December
Series
2017A,
5.000%,
12/01/24
No
Opt.
Call
5,044,792
5,465
Illinois
State,
General
Obligation
Bonds,
June
Series
2016,
5.000%,
6/01/28
6/26
at
100.00
5,577,737
1,455
Illinois
State,
General
Obligation
Bonds,
May
Refunding
Series
2023D,
5.000%,
7/01/25
No
Opt.
Call
1,475,024
Illinois
State,
General
Obligation
Bonds,
November
Series
2017D
:
25,845
5.000%,
11/01/23
No
Opt.
Call
25,856,318
4,745
5.000%,
11/01/24
No
Opt.
Call
4,784,444
1,270
5.000%,
11/01/25
No
Opt.
Call
1,291,572
7,415
3.250%,
11/01/26
No
Opt.
Call
7,148,517
10,095
5.000%,
11/01/26
No
Opt.
Call
10,356,960
20,230
5.000%,
11/01/27
No
Opt.
Call
20,931,837
5,995
5.000%,
11/01/28
11/27
at
100.00
6,192,211
5,000
Illinois
State,
General
Obligation
Bonds,
November
Series
2019B,
5.000%,
11/01/30
11/29
at
100.00
5,230,837
10,610
Illinois
State,
General
Obligation
Bonds,
October
Series
2016,
5.000%,
2/01/28
2/27
at
100.00
10,900,738
3,755
Illinois
State,
General
Obligation
Bonds,
Refunding
June
Series
2022B,
5.000%,
3/01/25
No
Opt.
Call
3,796,823
360
Illinois
Toll
Highway
Authority,
Toll
Highway
Revenue
Bonds,
Refunding
Senior
Lien
Series
2016A,
5.000%,
12/01/32
1/26
at
100.00
364,843
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
6.5%
(continued)
$
6,000
Illinois,
General
Obligation
Bonds,
Illinois
FIRST
Program,
Series
2001,
6.000%,
11/01/26
-
FGIC
Insured
No
Opt.
Call
$
6,097,807
Joliet,
Illinois,
Waterworks
and
Sewer
Revenue
Bonds,
Senior
Lien
Anticipation
Notes
Series
2022
:
5,000
5.000%,
1/01/24
No
Opt.
Call
5,001,905
5,000
5.000%,
1/01/25
No
Opt.
Call
5,021,227
LaSalle
and
Bureau
Counties
High
School
District
120
LaSalle-Peru,
Illinois,
General
Obligation
Bonds,
School
Building
Series
2017
:
1,085
5.000%,
12/01/23
-
BAM
Insured
No
Opt.
Call
1,086,251
1,235
5.000%,
12/01/26
-
BAM
Insured
No
Opt.
Call
1,267,459
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Series
2017B
:
775
5.000%,
12/15/25
No
Opt.
Call
780,879
1,925
5.000%,
12/15/26
No
Opt.
Call
1,952,223
360
5.000%,
12/15/27
No
Opt.
Call
368,055
1,945
5.000%,
12/15/28
12/27
at
100.00
1,989,461
650
5.000%,
12/15/30
12/27
at
100.00
664,079
309
Montgomery,
Illinois,
Lakewood
Creek
Project
Special
Assessment
Bonds,
Series
2018,
2.850%,
3/01/24
-
BAM
Insured
No
Opt.
Call
306,319
North
Barrington,
Lake
County,
Illinois,
Special
Tax
Bonds,
Special
Service
Area
19,
Refunding
Series
2019
:
1,000
4.000%,
2/01/33
-
BAM
Insured
2/28
at
100.00
1,002,778
1,000
4.000%,
2/01/36
-
BAM
Insured
2/28
at
100.00
946,812
1,895
4.000%,
2/01/40
-
BAM
Insured
2/28
at
100.00
1,705,810
2,010
4.000%,
2/01/44
-
BAM
Insured
2/28
at
100.00
1,780,224
Northern
Illinois
University,
Auxiliary
Facilities
System
Revenue
Bonds,
Series
2021
:
325
5.000%,
10/01/25
-
BAM
Insured
No
Opt.
Call
329,349
250
5.000%,
10/01/26
-
BAM
Insured
No
Opt.
Call
254,420
Railsplitter
Tobacco
Settlement
Authority,
Illinois,
Tobacco
Settlement
Revenue
Bonds,
Series
2017
:
2,680
(c)
5.000%,
6/01/24,
(ETM)
No
Opt.
Call
2,696,761
6,245
(c)
5.000%,
6/01/25,
(ETM)
No
Opt.
Call
6,352,345
Round
Lake,
Lake
County,
Illinois,
Special
Tax
Bonds,
Lakewood
Grove
Special
Service
Areas
1,
3
&
4,
Refunding
Series
2017
:
1,133
3.200%,
3/01/24
-
BAM
Insured
No
Opt.
Call
1,123,865
1,000
3.300%,
3/01/25
-
BAM
Insured
No
Opt.
Call
984,014
1,258
3.450%,
3/01/26
-
BAM
Insured
No
Opt.
Call
1,234,574
1,218
3.600%,
3/01/28
-
BAM
Insured
3/27
at
100.00
1,195,333
8,240
Sales
Tax
Securitization
Corporation,
Illinois,
Sales
Tax
Securitzation
Bonds,
Second
Lien
Series
2020A,
5.000%,
1/01/28
No
Opt.
Call
8,565,947
6,020
Sales
Tax
Securitization
Corporation,
Illinois,
Second
Lien
Sales
Tax
Securitization
Bonds,
Refunding
Series
2023A,
5.000%,
1/01/24
No
Opt.
Call
6,030,409
Southwestern
Illinois
Development
Authority,
Health
Facility
Revenue
Bonds,
Hospital
Sisters
Services,
Inc.
Obligated
Group,
Series
2017A
:
2,725
5.000%,
2/15/26
No
Opt.
Call
2,758,692
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
6.5%
(continued)
$
3,655
5.000%,
2/15/27
No
Opt.
Call
$
3,723,083
Total
Illinois
363,500,994
Indiana
-
4.0%
14,235
Indiana
Finance
Authority,
Environmental
Facilities
Revenue
Bonds,
Indianapolis
Power
&
Light
Company
Project,
Refunding
Series
2020A,
0.950%,
12/01/38,
(AMT),
(Mandatory
Put
4/01/26)
No
Opt.
Call
12,539,684
4,500
Indiana
Finance
Authority,
Environmental
Facilities
Revenue
Bonds,
Indianapolis
Power
&
Light
Company
Project,
Refunding
Series
2021B,
0.650%,
8/01/25
No
Opt.
Call
4,099,843
32,500
Indiana
Finance
Authority,
Environmental
Improvement
Revenue
Bonds,
Fulcrum
CenterPoint,
LLC
Project,
Series
2022,
4.500%,
12/15/46,
(AMT),
(Mandatory
Put
11/15/23)
10/23
at
100.00
32,448,367
Indiana
Finance
Authority,
Environmental
Improvement
Revenue
Bonds,
Southern
Indiana
Gas
&
Electric
Company,
Refunding
Series
2013A
:
8,885
4.000%,
3/01/38,
(AMT),
(Mandatory
Put
8/01/28)
5/28
at
100.00
8,377,173
21,115
4.000%,
5/01/43,
(AMT),
(Mandatory
Put
8/01/28)
5/28
at
100.00
19,707,909
1,100
Indiana
Finance
Authority,
Environmental
Improvement
Revenue
Bonds,
United
States
Steel
Corporation
Project,
Refunding
Series
2021A,
4.125%,
12/01/26
No
Opt.
Call
1,075,568
Indiana
Finance
Authority,
Environmental
Revenue
Bonds,
Duke
Energy
Indiana,
Inc.
Project,
Refunding
Series
2009A-1
:
5,750
3.750%,
3/01/31,
(AMT),
(Mandatory
Put
6/01/27)
No
Opt.
Call
5,622,472
7,430
4.500%,
5/01/35,
(AMT),
(Mandatory
Put
6/01/32)
6/27
at
100.00
7,278,181
13,330
Indiana
Finance
Authority,
Hospital
Revenue
Bonds,
Indiana
University
Health
Obligation
Group,
Long
Term
Rate
Series
2023B-1,
5.000%,
10/01/62,
(Mandatory
Put
7/01/28)
7/27
at
101.76
13,901,185
13,600
Indiana
Finance
Authority,
Hospital
Revenue
Bonds,
Indiana
Unversity
Health
Obligation
Group,
Long
Term
Rate
Series
2019B,
2.250%,
12/01/58,
(Mandatory
Put
7/01/25)
1/25
at
100.00
13,102,352
8,000
Indiana
Finance
Authority,
Hospital
Revenue
Bonds,
Indiana
Unversity
Health
Obligation
Group,
Refunding
Series
2011M,
0.700%,
12/01/46,
(Mandatory
Put
1/01/26)
6/25
at
100.00
7,233,042
145
(c)
Indiana
Finance
Authority,
Hospital
Revenue
Bonds,
Major
Hospital
Project,
Series
2014A,
5.000%,
10/01/23,
(ETM)
No
Opt.
Call
145,000
Indiana
Finance
Authority,
Wastewater
Utility
Revenue
Bonds,
CWA
Authority
Project,
Refunding
First
Lien
Forward
Delivery
Series
2022A
:
1,500
5.000%,
10/01/26
No
Opt.
Call
1,554,202
1,635
5.000%,
10/01/27
No
Opt.
Call
1,720,043
1,250
Indiana
Finance
Authority,
Wastewater
Utility
Revenue
Bonds,
CWA
Authority
Project,
Series
2015A,
5.000%,
10/01/26
10/24
at
100.00
1,262,941
3,520
Indiana
Housing
and
Community
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020B-1,
1.950%,
7/01/35
7/29
at
100.00
2,509,683
1,250
Indiana
Housing
and
Community
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2021A,
1.900%,
7/01/36
7/30
at
100.00
872,374
2,590
Indiana
Housing
and
Community
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
PAC
Series
2021B,
1.900%,
7/01/36
7/30
at
100.00
1,807,558
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Indiana
-
4.0%
(continued)
$
4,000
Indianapolis
Local
Public
Improvement
Bond
Bank,
Indiana,
Airport
Authority
Project
Revenue
Bonds,
Refunding
Series
2014D,
5.000%,
1/01/29,
(AMT)
1/24
at
100.00
$
3,998,469
8,000
Indianapolis
Local
Public
Improvement
Bond
Bank,
Indiana,
Waterworks
Project,
Series
2007B,
5.250%,
7/01/24
-
NPFG
Insured
No
Opt.
Call
8,075,330
10,805
Indianapolis,
Indiana,
Gas
Utility
Distribution
System
Revenue
Bonds,
Refunding
2nd
Lien
Series
2017A,
5.000%,
8/15/25
No
Opt.
Call
11,029,728
Indianapolis,
Indiana,
Thermal
Energy
System
Revenue
Bonds,
Refunding
First
Lien
Series
2014A
:
740
5.000%,
10/01/23
No
Opt.
Call
740,000
465
5.000%,
10/01/24
No
Opt.
Call
470,178
545
5.000%,
10/01/25
10/24
at
100.00
551,173
830
5.000%,
10/01/26
10/24
at
100.00
839,239
10,000
Indianapolis,
Indiana,
Thermal
Energy
System
Revenue
Bonds,
Refunding
First
Lien
Series
2016A,
5.000%,
10/01/23
No
Opt.
Call
10,000,000
3,000
Rockport,
Indiana,
Pollution
Control
Revenue
Bonds,
AEP
Generating
Company
Project,
Refunding
Series
1995A,
3.125%,
7/01/25
No
Opt.
Call
2,907,893
12,000
Rockport,
Indiana,
Pollution
Control
Revenue
Refunding
Bonds,
Indiana
Michigan
Power
Company
Project,
Series
2008D,
0.750%,
4/01/25
No
Opt.
Call
11,092,322
13,020
Rockport,
Indiana,
Pollution
Control
Revenue
Refunding
Bonds,
Indiana
Michigan
Power
Company,
Series
2002A,
2.750%,
6/01/25
No
Opt.
Call
12,634,962
8,500
Terre
Haute
Sanitary
District,
Indiana,
Revenue
Bonds,
Bond
Anticipation
Notes
Series
2023,
5.250%,
9/28/28
7/24
at
100.00
8,406,676
1,595
Vanderburgh
County,Indiana,
Redevelopment
District
Tax
Increment
Revenue
bonds,
Refunding
Series
2014,
4.000%,
2/01/24
No
Opt.
Call
1,592,709
10,555
Whiting,
Indiana,
Environmental
Facilities
Refunding
Revenue
Bonds,
BP
Products
North
America
Inc.
Project,
Refunidng
Series
2019A,
5.000%,
12/01/44,
(AMT),
(Mandatory
Put
6/05/26)
No
Opt.
Call
10,725,688
5,625
Whiting,
Indiana,
Environmental
Facilities
Revenue
Bonds,
BP
Products
North
America
Inc.
Project,
Series
2015,
4.400%,
11/01/45,
(AMT),
(Mandatory
Put
6/10/31)
No
Opt.
Call
5,481,965
Total
Indiana
223,803,909
Iowa
-
0.3%
5,900
Iowa
Finance
Authority,
Iowa,
Midwestern
Disaster
Area
Revenue
Bonds,
Iowa
Fertilizer
Company
Project,
Refunding
Series
2022,
4.000%,
12/01/50,
(Mandatory
Put
12/01/32)
12/29
at
103.00
5,511,512
3,000
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Green
Series
2021A,
1.850%,
7/01/35
7/30
at
100.00
2,193,265
2,220
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019D,
2.450%,
7/01/34
1/29
at
100.00
1,806,040
2,620
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020A,
2.500%,
1/01/35
7/29
at
100.00
2,143,309
3,000
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021B,
2.000%,
7/01/36
7/30
at
100.00
2,190,746
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Iowa
-
0.3%
(continued)
$
1,955
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021D,
2.000%,
7/01/36
1/31
at
100.00
$
1,427,636
Total
Iowa
15,272,508
Kansas
-
0.5%
9,610
Bel
Aire,
Kansas,
General
Obligation
Bonds,
Temporary
Notes
Series
2021B,
0.375%,
12/01/24
12/23
at
100.00
9,009,726
5,000
Burlington,
Kansas,
Environmental
Improvement
Revenue
Bonds,
Kansas
City
Power
and
Light
Company
Project,
Refunding
Series
1993B,
2.950%,
12/01/23
10/23
at
101.00
4,986,774
10,345
Kansas
Development
Finance
Authority,
Hospital
Revenue
Bonds,
Advent
Health
Obligated
Group,
Series
2021B,
5.000%,
11/15/54,
(Mandatory
Put
11/15/31)
No
Opt.
Call
11,033,815
Total
Kansas
25,030,315
Kentucky
-
2.4%
7,750
Boone
County,
Kentucky,
Collateralized
Pollution
Control
Revenue
Bonds,
Duke
Energy
Kentucky,
Refunding
Series
2008A,
3.700%,
8/01/27
6/27
at
100.00
7,428,383
6,050
Carroll
County,
Kentucky,
Environmental
Facilities
Revenue
Bonds,
Kentucky
Utilities
Company
Project,
Series
2004A,
1.750%,
10/01/34,
(AMT),
(Mandatory
Put
9/01/26)
No
Opt.
Call
5,398,400
30,000
Carroll
County,
Kentucky,
Pollution
Control
Revenue
Bonds,
Kentucky
Utilities
Company
Project,
Refunding
Series
2016A,
1.550%,
9/01/42,
(Mandatory
Put
9/01/26)
No
Opt.
Call
26,558,877
Kentucky
Economic
Development
Finance
Authority,
Hospital
Revenue
Bonds,
Owensboro
Health,
Refunding
Series
2017A
:
6,000
5.000%,
6/01/24
No
Opt.
Call
6,019,606
4,200
5.000%,
6/01/25
No
Opt.
Call
4,221,126
3,350
Louisville
and
Jefferson
County
Metropolitan
Government
Board
of
Water
Works,
Kentucky,
Water
System
Revenue
Bonds,
Refunding
Series
2022,
5.000%,
11/15/25
No
Opt.
Call
3,444,702
4,200
Louisville/Jefferson
County
Metro
Government,
Kentucky,
Health
System
Revenue
Bonds,
Norton
Healthcare,
Inc.,
Series
2023B,
5.000%,
10/01/47,
(Mandatory
Put
10/01/29)
4/29
at
100.73
4,362,011
4,000
Louisville-Jefferson
County
Metropolitan
Government,
Kentucky,
Pollution
Control
Revenue
Bonds,
Louisville
Gas
and
Electric
Company
Project,
Series
2001A,
0.900%,
9/01/26
No
Opt.
Call
3,545,655
8,000
Louisville-Jefferson
County
Metropolitan
Government,
Kentucky,
Pollution
Control
Revenue
Bonds,
Louisville
Gas
and
Electric
Company
Project,
Series
2001B,
1.350%,
11/01/27,
(AMT)
No
Opt.
Call
6,869,082
18,090
Louisville-Jefferson
County
Metropolitan
Government,
Kentucky,
Pollution
Control
Revenue
Bonds,
Louisville
Gas
and
Electric
Company
Project,
Series
2005A,
1.750%,
2/01/35,
(Mandatory
Put
7/01/26)
No
Opt.
Call
16,833,291
3,565
Oldham
County
School
District
Finance
Corporation,
Kentucky,
School
Building
Revenue
Bonds,
Refunding
Second
Series
2016,
4.000%,
9/01/27
No
Opt.
Call
3,554,623
1,350
Owen
County,
Kentucky,
Water
Facilities
Revenue
Bonds,
Kentucky-
American
Water
Company
Project,
Refunding
Series
2020,
3.875%,
6/01/40,
(Mandatory
Put
9/01/28)
No
Opt.
Call
1,313,010
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Kentucky
-
2.4%
(continued)
$
7,725
Public
Energy
Authority
of
Kentucky,
Gas
Supply
Revenue
Bonds,
Series
2018B,
4.000%,
1/01/49,
(Mandatory
Put
1/01/25)
10/24
at
100.24
$
7,653,657
1,300
Public
Energy
Authority
of
Kentucky,
Gas
Supply
Revenue
Bonds,
Series
2020A,
4.000%,
12/01/50,
(Mandatory
Put
6/01/26)
3/26
at
100.63
1,275,136
2,950
Public
Energy
Authority
of
Kentucky,
Gas
Supply
Revenue
Bonds,
Series
2022A-1,
4.000%,
8/01/52,
(Mandatory
Put
8/01/30)
5/30
at
100.38
2,788,006
3,250
Rural
Water
Financing
Agency,
Kentucky,
Construction
Notes,
USDA
Public
Projects
Series
2023A,
3.900%,
11/01/25
11/23
at
100.00
3,179,585
3,075
Trimble
County,
Kentucky,
Pollution
Control
Revenue
Bonds,
Louisville
Gas
and
Electric
Company
Project,
Series
2001A,
0.625%,
9/01/26
No
Opt.
Call
2,692,067
10,200
Trimble
County,
Kentucky,
Pollution
Control
Revenue
Bonds,
Louisville
Gas
and
Electric
Company
Project,
Series
2001B,
1.350%,
11/01/27,
(AMT)
No
Opt.
Call
8,811,670
21,345
Trimble
County,
Kentucky,
Pollution
Control
Revenue
Bonds,
Louisville
Gas
and
Electric
Company
Project,
Series
2016A,
1.300%,
9/01/44,
(AMT),
(Mandatory
Put
9/01/27)
No
Opt.
Call
18,131,120
Total
Kentucky
134,080,007
Louisiana
-
3.5%
20,575
Lake
Charles
Harbor
and
Terminal
District,
Louisiana,
Revenue
Bonds,
Big
Lake
Fuels
LLC,
Series
2021,
1.000%,
12/01/51,
(AMT),
(Mandatory
Put
12/01/24)
No
Opt.
Call
19,512,746
845
Louisiana
Housing
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Home
Ownership
Program,
Series
2021D,
2.100%,
12/01/36
6/30
at
100.00
626,153
Louisiana
Local
Government
Environmental
Facilities
and
Community
Development
Authority,
Louisiana,
Revenue
Bonds,
Womans
Hospital
Foundation
Project,
Refunding
Series
2017A
:
1,825
5.000%,
10/01/23
No
Opt.
Call
1,825,000
1,105
5.000%,
10/01/24
No
Opt.
Call
1,111,938
3,000
4.000%,
10/01/25
No
Opt.
Call
2,982,250
2,245
Louisiana
Local
Government
Environmental
Facilities
and
Community
Development
Authority,
Revenue
Bonds,
East
Baton
Rouge
Parish
Road
Improvements
Project,
Series
2015,
5.000%,
8/01/24
No
Opt.
Call
2,263,879
19,420
Louisiana
Local
Government
Environmental
Facilities
and
Community
Development
Authority,
Revenue
Bonds,
Westlake
Chemical
Corporation
Projects,
Refunding
Series
2017,
3.500%,
11/01/32
11/27
at
100.00
17,903,488
6,070
Louisiana
Offshore
Terminal
Authority,
Deepwater
Port
Revenue
Bonds,
Loop
LLC
Project,
Series
2007A,
1.650%,
9/01/27,
(Mandatory
Put
12/01/23)
No
Opt.
Call
6,032,301
7,025
Louisiana
Offshore
Terminal
Authority,
Deepwater
Port
Revenue
Bonds,
Loop
LLC
Project,
Series
2013A,
1.650%,
9/01/33,
(Mandatory
Put
12/01/23)
No
Opt.
Call
6,981,369
17,100
Louisiana
Publc
Facilities
Authority,
Lousiana,
Revenue
Bonds,
Ochsner
Clinic
Foundation
Project,
Series
2020B,
5.000%,
5/15/50,
(Mandatory
Put
5/15/25)
11/24
at
102.04
17,222,824
29,815
Louisiana
Public
Facilities
Authority,
Hospital
Revenue
Bonds,
Louisiana
Children's
Medical
Center
Hospital,
Series
2015A-1.
Fixed
Rate
Mode,
5.000%,
6/01/45,
(Mandatory
Put
6/01/25)
No
Opt.
Call
30,031,317
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Louisiana
-
3.5%
(continued)
$
4,000
Louisiana
Public
Facilities
Authority,
Hospital
Revenue
Bonds,
Louisiana
Children's
Medical
Center
Hospital,
Series
2015A-3.
Term
Rate
Mode,
5.000%,
6/01/45,
(Mandatory
Put
6/01/28)
No
Opt.
Call
$
4,119,830
Louisiana
Public
Facilities
Authority,
Revenue
Bonds,
Ochsner
Clinic
Foundation
Project,
Series
2015
:
1,010
5.000%,
5/15/29
5/25
at
100.00
1,023,099
1,000
5.000%,
5/15/30
5/25
at
100.00
1,013,040
1,565
(c)
Louisiana
Public
Facilities
Authority,
Revenue
Bonds,
University
of
New
Orleans
Research
and
Technology
Foundation,
Inc.-
Student
Housing
Project,
Refunding
Series
2014,
5.000%,
9/01/24
-
AGM
Insured,
(ETM)
No
Opt.
Call
1,579,141
Louisiana
State,
Gasoline
and
Fuels
Tax
Revenue
Bonds,
Refunding
Second
Lien
Series
2017C
:
2,655
5.000%,
5/01/29
11/27
at
100.00
2,767,937
3,040
5.000%,
5/01/30
11/27
at
100.00
3,155,853
3,070
5.000%,
5/01/31
11/27
at
100.00
3,180,365
New
Orleans,
Louisiana,
Sewerage
Service
Revenue
Bonds,
Series
2015
:
1,040
5.000%,
6/01/24
No
Opt.
Call
1,046,640
675
5.000%,
6/01/26
6/25
at
100.00
687,361
2,780
Saint
James
Parish,
Louisiana,
Revenue
Bonds,
NuStar
Logistics,
L.P.
Project,
Series
2008,
6.100%,
6/01/38,
(Mandatory
Put
6/01/30),
144A
No
Opt.
Call
2,938,326
3,665
Saint
James
Parish,
Louisiana,
Revenue
Bonds,
NuStar
Logistics,
L.P.
Project,
Series
2011,
5.850%,
8/01/41,
(Mandatory
Put
6/01/25),
144A
No
Opt.
Call
3,723,711
16,405
Saint
John
the
Baptist
Parish,
Louisiana,
Revenue
Bonds,
Marathon
Oil
Corporation
Project,
Refunding
Series
2017A-1,
4.050%,
6/01/37,
(Mandatory
Put
7/01/26)
No
Opt.
Call
16,120,047
18,565
Saint
John
the
Baptist
Parish,
Louisiana,
Revenue
Bonds,
Marathon
Oil
Corporation
Project,
Refunding
Series
2017A-2,
2.100%,
6/01/37,
(Mandatory
Put
7/01/24)
No
Opt.
Call
18,224,590
20,810
Saint
John
the
Baptist
Parish,
Louisiana,
Revenue
Bonds,
Marathon
Oil
Corporation
Project,
Refunding
Series
2017A-3,
2.200%,
6/01/37,
(Mandatory
Put
7/01/26)
No
Opt.
Call
19,469,041
10,010
Saint
John
the
Baptist
Parish,
Louisiana,
Revenue
Bonds,
Marathon
Oil
Corporation
Project,
Refunding
Series
2017B-2,
2.375%,
6/01/37,
(Mandatory
Put
7/01/26)
No
Opt.
Call
9,355,706
Total
Louisiana
194,897,952
Maine
-
0.2%
610
Maine
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Series
2021A,
5.000%,
7/01/24
-
AGM
Insured
No
Opt.
Call
613,923
2,955
Maine
State
Housing
Authority,
Multifamily
Mortgage
Purchase
Bonds,
Series
2021A,
1.850%,
11/15/36
5/30
at
100.00
2,074,948
1,165
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Series
2020D,
2.300%,
11/15/35
5/29
at
100.00
897,253
3,000
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Series
2021B,
2.050%,
11/15/36
5/30
at
100.00
2,128,681
2,030
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Social
Series
2021C,
1.900%,
11/15/36
11/30
at
100.00
1,388,467
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Maine
-
0.2%
(continued)
$
2,000
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Social
Series
2021D,
2.200%,
11/15/36
11/30
at
100.00
$
1,471,240
Total
Maine
8,574,512
Maryland
-
1.4%
7,205
Anne
Arundel
County,
Maryland,
General
Obligation
Bonds,
Consolidated
General
Improvement,
Series
2019,
5.000%,
10/01/25
No
Opt.
Call
7,384,515
10
Baltimore
County,
Maryland,
Revenue
Bonds,
Oak
Crest
Village,
Series
2016,
3.250%,
1/01/31
1/26
at
100.00
9,114
2,000
Baltimore,
Maryland,
Convention
Center
Hotel
Revenue
Bonds,
Refunding
Series
2017,
5.000%,
9/01/26
No
Opt.
Call
1,961,109
17,825
Howard
County,
Maryland,
General
Obligation
Bonds,
Consolidated
Public
Improvement
Project,
Refunding
Series
2017D,
5.000%,
2/15/27
No
Opt.
Call
18,662,435
6,820
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2019C,
2.700%,
9/01/34
3/29
at
100.00
5,727,067
4,250
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2020A,
2.300%,
9/01/35
3/29
at
100.00
3,360,622
4,880
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2020D,
1.950%,
9/01/35
9/29
at
100.00
3,505,413
12,000
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2021A,
1.800%,
9/01/36
3/30
at
100.00
8,298,707
8,310
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2021B,
1.875%,
9/01/36
3/30
at
100.00
5,773,777
12,000
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2021C,
2.200%,
9/01/36
9/30
at
100.00
8,843,011
500
Maryland
Health
and
Higher
Educational
Facilities
Authority,
Maryland,
Revenue
Bonds,
Meritus
Medical
Center,
Series
2015,
5.000%,
7/01/24
No
Opt.
Call
501,829
545
Maryland
Health
and
HIgher
Educational
Facilities
Authority,
Revenue
Bonds,
Adventist
Healthcare
Inc.,
Series
2021,
5.000%,
1/01/24
No
Opt.
Call
545,034
4,580
Montgomery
County,
Maryland,
General
Obligation
Bonds,
Consolidated
Public
Improvement
Series
2018A,
5.000%,
11/01/29
11/28
at
100.00
4,902,628
9,870
Washington
Suburban
Sanitary
District,
Montgomery
and
Prince
George's
Counties,
Maryland,
General
Obligation
Bonds,
Consolidated
Public
Improvement,
Refunding
Series
2020,
5.000%,
6/01/25
No
Opt.
Call
10,077,952
Total
Maryland
79,553,213
Massachusetts
-
1.2%
Massachusetts
Development
Finance
Agency
Revenue
Bonds,
Lawrence
General
Hospital
Issue,
Series
2014A
:
735
5.000%,
7/01/24
No
Opt.
Call
729,296
795
5.000%,
7/01/25
7/24
at
100.00
780,415
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Massachusetts
-
1.2%
(continued)
$
1,500
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
CareGroup
Issue,
Series
2018J-1,
5.000%,
7/01/25
No
Opt.
Call
$
1,520,605
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
CareGroup
Issue,
Series
2018J-2
:
2,780
5.000%,
7/01/29
7/28
at
100.00
2,874,380
2,750
5.000%,
7/01/30
7/28
at
100.00
2,842,508
2,515
5.000%,
7/01/31
7/28
at
100.00
2,599,069
2,100
5.000%,
7/01/32
7/28
at
100.00
2,172,097
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Milford
Regional
Medical
Center
Issue,
Series
2020G
:
130
5.000%,
7/15/24,
144A
No
Opt.
Call
130,071
125
5.000%,
7/15/25,
144A
No
Opt.
Call
123,425
160
5.000%,
7/15/26,
144A
No
Opt.
Call
156,953
170
5.000%,
7/15/27,
144A
No
Opt.
Call
165,840
175
5.000%,
7/15/28,
144A
No
Opt.
Call
169,522
220
5.000%,
7/15/30,
144A
No
Opt.
Call
208,379
15,000
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Partners
HealthCare
System
Issue,
Series
2017S-4,
5.000%,
7/01/38,
(Mandatory
Put
1/25/24)
No
Opt.
Call
15,033,447
2,230
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Williams
College,
Series
2011N,
0.450%,
7/01/41,
(Mandatory
Put
7/01/25)
1/25
at
100.00
2,051,961
2,135
Massachusetts
Health
and
Educational
Facilities
Authority,
Variable
Rate
Demand
Revenue
Bonds,
University
of
Massachusetts
Issue,
Series
2000A,
2.450%,
11/01/30,
(Mandatory
Put
4/01/26)
No
Opt.
Call
2,053,339
2,100
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Series
2019B-1,
2.750%,
12/01/34
12/28
at
100.00
1,750,482
1,065
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Series
2020A-3,
0.875%,
12/01/23
10/23
at
100.00
1,059,043
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Sustainability
Green
Series
2022A-2
:
1,000
2.150%,
6/01/24
10/23
at
100.00
985,257
1,000
2.650%,
6/01/26
6/25
at
100.00
953,331
5,000
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Sustainability
Green
Series
2022C-3,
4.000%,
6/01/26
6/25
at
100.00
4,995,556
1,400
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Sustainability
Green
Series
2023A-3,
3.050%,
12/01/27
12/26
at
100.00
1,342,523
4,570
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Sustainability
Series
2021B-2,
0.800%,
12/01/25
6/24
at
100.00
4,173,967
5,000
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2020-220,
1.950%,
12/01/35
6/30
at
100.00
3,591,845
1,000
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2021-221,
2.000%,
12/01/36
6/30
at
100.00
721,704
2,725
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2021-222,
2.000%,
12/01/36
6/30
at
100.00
1,970,984
7,385
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2021-223,
2.150%,
12/01/36
12/30
at
100.00
5,389,078
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Massachusetts
-
1.2%
(continued)
$
5,000
Plymouth,
Massachusetts,
General
Obligation
Bonds,
Anticipation
Notes
Series
2023,
5.000%,
6/28/24
No
Opt.
Call
$
5,038,560
Total
Massachusetts
65,583,637
Michigan
-
1.8%
Michigan
Finance
Authority,
Hospital
Revenue
Bonds,
Beaumont-Spectrum
Consolidation,
Fixed
Refunding
Series
2022A
:
4,000
5.000%,
4/15/26
No
Opt.
Call
4,095,050
2,600
5.000%,
4/15/27
No
Opt.
Call
2,692,924
5,000
Michigan
Finance
Authority,
Hospital
Revenue
Bonds,
Bronson
Healthcare
Group,
Inc.,
Series
2019B,
5.000%,
11/15/44,
(Mandatory
Put
11/16/26)
5/26
at
100.00
5,072,060
Michigan
Finance
Authority,
Tobacco
Settlement
Asset-
Backed
Bonds,
2007
Sold
Tobacco
Receipts,
Senior
Current
Interest
Series
2020A-CL-1
:
2,000
5.000%,
6/01/27
No
Opt.
Call
2,073,575
4,540
5.000%,
6/01/28
No
Opt.
Call
4,755,755
6,750
Michigan
Housing
Development
Authority,
Rental
Housing
Revenue
Bonds,
Series
2018A,
3.550%,
10/01/33
10/27
at
100.00
6,190,199
4,385
Michigan
Housing
Development
Authority,
Rental
Housing
Revenue
Bonds,
Series
2021A,
0.550%,
4/01/25
10/23
at
100.00
4,122,892
2,500
Michigan
Housing
Development
Authority,
Rental
Housing
Revenue
Bonds,
Series
2022A,
3.300%,
4/01/26
10/23
at
100.00
2,435,800
10,000
Michigan
Housing
Development
Authority,
Rental
Housing
Revenue
Bonds,
Series
2023A,
3.750%,
4/01/27
4/24
at
100.00
9,686,306
1,805
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Fixed
Rate
Series
2018C,
3.350%,
12/01/34
6/28
at
100.00
1,614,356
5,215
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2016A,
3.100%,
12/01/31
6/26
at
100.00
4,687,588
9,910
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019B,
2.700%,
12/01/34
12/28
at
100.00
8,029,100
14,835
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020C,
2.350%,
12/01/35
6/30
at
100.00
11,535,423
6,000
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021A,
1.950%,
12/01/36
12/30
at
100.00
4,216,749
2,000
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2022A,
4.000%,
12/01/37
12/31
at
100.00
1,807,912
Michigan
State,
Trunk
Line
Fund
Bonds,
Rebuilding
Michigan
Program,
Series
2021A
:
45
5.000%,
11/15/24
No
Opt.
Call
45,614
620
5.000%,
11/15/25
No
Opt.
Call
637,017
3,000
Michigan
State,
Trunk
Line
Fund
Bonds,
Rebuilding
Michigan
Program,
Series
2023,
5.000%,
11/15/26
No
Opt.
Call
3,129,120
7,730
Michigan
Strategic
Fund,
Limited
Obligation
Revenue
Bonds,
Consumers
Energy
Company
Project,
Variable
Rate
Series
2005,
0.875%,
4/01/35,
(AMT),
(Mandatory
Put
10/08/26)
10/21
at
100.00
6,690,529
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Michigan
-
1.8%
(continued)
$
7,000
Michigan
Strategic
Fund,
Limited
Obligation
Revenue
Bonds,
Detroit
Edison
Company
Exempt
Facilities
Project,
Collateralized
Series
2023DT,
3.875%,
6/01/53,
(AMT),
(Mandatory
Put
6/03/30)
3/30
at
100.00
$
6,678,820
2,285
Michigan
Strategic
Fund,
Limited
Obligation
Revenue
Bonds,
Graphic
Packaging
International,
LLC
Coated
Recycled
Board
Machine
Project,
Green
Series
2021,
4.000%,
10/01/61,
(AMT),
(Mandatory
Put
10/01/26)
No
Opt.
Call
2,243,920
1,205
Michigan
Strategic
Fund,
Revenue
Bonds,
Waste
Management
Inc.,
Series
2001,
0.580%,
8/01/27,
(AMT),
(Mandatory
Put
8/01/24)
No
Opt.
Call
1,167,216
7,500
Wayne
County
Airport
Authority,
Michigan,
Revenue
Bonds,
Detroit
Metropolitan
Wayne
County
Airport,
Series
2023E,
5.000%,
12/01/28
-
AGM
Insured,
(AMT)
,
(WI/DD)
No
Opt.
Call
7,719,888
Total
Michigan
101,327,813
Minnesota
-
1.0%
17,000
Edina,
Minnesota,
General
Obligation
Bonds,
Series
2022B,
2.000%,
2/01/25
2/24
at
100.00
16,437,784
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2014A
:
1,830
(c)
5.000%,
1/01/24,
(ETM)
No
Opt.
Call
1,834,243
90
5.000%,
1/01/25
1/24
at
100.00
90,209
1,245
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020B,
2.400%,
1/01/35
7/29
at
100.00
980,520
2,235
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020E,
2.250%,
7/01/35
7/29
at
100.00
1,794,677
4,330
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020I,
1.875%,
7/01/35
1/30
at
100.00
3,207,456
5,595
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2021D,
2.000%,
7/01/36
7/30
at
100.00
4,152,170
5,045
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2021F,
2.000%,
7/01/36
1/31
at
100.00
3,586,697
8,415
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2021H,
2.150%,
7/01/36
1/31
at
100.00
6,715,125
3,285
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Social
Series
2022A,
2.600%,
7/01/37
7/31
at
100.00
2,562,991
2,000
Minnesota
Municipal
Gas
Agency,
Commodity
Supply
Revenue
Bonds,
Series
2022A,
4.000%,
12/01/52,
(Mandatory
Put
12/01/27)
9/27
at
100.37
1,944,825
6,820
Minnesota
Public
Facilities
Authority,
State
Clean
Water
Revolving
Fund
Revenue
Bonds,
Series
2016A,
5.000%,
3/01/31
3/26
at
100.00
7,002,811
4,315
Minnesota
Rural
Water
Finance
Authority,
Public
Projects
Construction
Notes,
Series
2022,
2.625%,
12/01/23
10/23
at
100.00
4,292,784
Total
Minnesota
54,602,292
Mississippi
-
0.7%
7,500
Lowndes
County,
Mississippi,
Solid
Waste
Disposal
and
Pollution
Control
Revenue
Bonds,
International
Paper
Company
Project,
Refunding
Series
2022,
2.650%,
4/01/37,
(Mandatory
Put
4/01/27)
4/27
at
100.00
7,074,482
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Mississippi
-
0.7%
(continued)
$
6,865
Mississippi
Business
Finance
Corporation,
Pollution
Control
Revenue,
Mississippi
Power,
Series
2002,
3.200%,
9/01/28
3/24
at
100.00
$
6,560,491
1,000
Mississippi
Home
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020A,
2.250%,
12/01/35
6/29
at
100.00
756,784
615
Mississippi
Home
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Series
2021A,
1.800%,
12/01/35
6/30
at
100.00
444,966
9,750
Mississippi
Hospital
Equipment
and
Facilities
Authority,
Revenue
Bonds,
Baptist
Memorial
Healthcare,
Refunding
Series
2020A-1,
5.000%,
9/01/44,
(Mandatory
Put
9/01/25)
3/25
at
100.00
9,891,624
5,000
Mississippi
Hospital
Equipment
and
Facilities
Authority,
Revenue
Bonds,
Baptist
Memorial
Healthcare,
Refunding
Series
2020A-2,
4.125%,
9/01/36,
(Mandatory
Put
8/28/24)
No
Opt.
Call
4,978,276
3,680
Mississippi
Hospital
Equipment
and
Facilities
Authority,
Revenue
Bonds,
Baptist
Memorial
Healthcare,
Series
2015A,
5.000%,
9/01/24
No
Opt.
Call
3,691,653
3,395
Mississippi
Hospital
Equipment
and
Facilities
Authority,
Revenue
Bonds,
North
Mississippi
Health
Services,
Series
2020-II,
5.000%,
10/01/40,
(Mandatory
Put
3/01/27)
12/26
at
100.00
3,459,011
Mississippi
State,
Gaming
Tax
Revenue
Bonds,
Series
2019A
:
250
5.000%,
10/15/23
No
Opt.
Call
250,057
205
5.000%,
10/15/24
No
Opt.
Call
206,897
1,500
5.000%,
10/15/26
No
Opt.
Call
1,532,162
Total
Mississippi
38,846,403
Missouri
-
0.6%
755
Branson
Industrial
Development
Authority,
Missouri,
Tax
Increment
Revenue
Bonds,
Branson
Shoppes
Redevelopment
Project,
Refunding
Series
2017A,
4.000%,
11/01/23
No
Opt.
Call
754,308
5,260
Missouri
Environmental
Improvement
and
Energy
Resources
Authority,
Revenue
Bonds,
Union
Electric
Company
Project,
Refunding
Series
1998A,
2.900%,
9/01/33
7/27
at
102.00
4,649,746
11,000
Missouri
Environmental
Improvement
and
Energy
Resources
Authority,
Revenue
Bonds,
Union
Electric
Company
Project,
Series
1998B,
2.900%,
9/01/33
7/27
at
102.00
9,723,803
5,195
Missouri
Environmental
Improvement
and
Energy
Resources
Authority,
Revenue
Bonds,
Union
Electric
Company
Project,
Series
1998C,
2.750%,
9/01/33
6/27
at
102.00
4,448,745
Missouri
Health
and
Educational
Facilities
Authority,
Health
Facilities
Revenue
Bonds,
SSM
Health
Care,
Series
2022A
:
1,165
5.000%,
6/01/25
No
Opt.
Call
1,180,714
2,520
5.000%,
6/01/27
No
Opt.
Call
2,596,989
755
Missouri
Housing
Development
Commission,
Single
Family
Mortgage
Revenue
Bonds,
First
Place
Homeownership
Loan
Program,
Series
2019C,
2.500%,
11/01/34
5/29
at
100.00
620,119
1,065
Missouri
Housing
Development
Commission,
Single
Family
Mortgage
Revenue
Bonds,
First
Place
Homeownership
Loan
Program,
Series
2021A,
1.950%,
11/01/36
5/30
at
100.00
731,131
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Missouri
-
0.6%
(continued)
$
1,890
Missouri
Housing
Development
Commission,
Single
Family
Mortgage
Revenue
Bonds,
First
Place
Homeownership
Loan
Program,
Series
2021B,
1.800%,
11/01/36
5/30
at
100.00
$
1,334,883
Missouri
Joint
Municipal
Electric
Utility
Commission,
Power
Project
Revenue
Bonds,
Plum
Point
Project,
Refunding
Series
2014A
:
2,420
5.000%,
1/01/25
No
Opt.
Call
2,447,801
5,100
5.000%,
1/01/26
1/25
at
100.00
5,156,404
855
Saint
Louis,
Missouri,
Airport
Revenue
Bonds,
Lambert-St.
Louis
International
Airport,
Refunding
Series
2023B,
5.000%,
7/01/24,
(AMT)
No
Opt.
Call
858,253
Total
Missouri
34,502,896
Montana
-
0.1%
Gallatin
County,
Montana,
General
Obligation
Bonds,
Series
2023
:
1,365
5.000%,
7/01/33
No
Opt.
Call
1,516,910
1,300
5.000%,
7/01/35
7/33
at
100.00
1,433,118
Lewis
and
Clark
County
School
District
9
East
Helena,
Montana,
General
Obligation
Bonds,
School
Building
Series
2018
:
1,000
5.000%,
7/01/27
No
Opt.
Call
1,044,974
1,055
5.000%,
7/01/28
No
Opt.
Call
1,115,151
1,335
5.000%,
7/01/29
7/28
at
100.00
1,410,896
750
Montana
Board
of
Housing,
Single
Family
Mortgage
Bonds,
Series
2021A-
1,
1.850%,
12/01/36
6/30
at
100.00
552,809
500
Montana
Board
of
Housing,
Single
Family
Mortgage
Bonds,
Series
2021B,
1.850%,
12/01/36
12/30
at
100.00
346,638
Total
Montana
7,420,496
National
-
0.0%
2,699
Freddie
Mac
Multi-Family
ML
Certificates,
Series
ML
05,
Series
2019A,
3.400%,
1/25/36
2019
1
No
Opt.
Call
2,349,055
Total
National
2,349,055
Nebraska
-
0.8%
8,345
Central
Plains
Energy
Project,
Nebraska,
Gas
Project
4
Revenue
Bonds,
Refunding
Series
2023A-1,
5.000%,
5/01/54,
(Mandatory
Put
11/01/29)
8/29
at
100.13
8,446,453
8,000
Central
Plains
Energy
Project,
Nebraska,
Gas
Project
4
Revenue
Bonds,
Series
2018A,
5.000%,
3/01/50,
(Mandatory
Put
1/01/24)
10/23
at
100.43
8,027,207
4,890
Central
Plains
Energy
Project,
Nebraska,
Gas
Supply
Revenue
Bonds,
Refunding
Series
2019,
4.000%,
12/01/49,
(Mandatory
Put
8/01/25)
5/25
at
100.50
4,827,242
815
Douglas
County
Hospital
Authority
2,
Nebraska,
Health
Facilities
Revenue
Bonds,
Children's
Hospital
Obligated
Group,
Series
2020B,
5.000%,
11/15/53,
(Mandatory
Put
11/15/25)
8/25
at
100.00
823,159
1,915
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2019D,
2.600%,
9/01/34
3/29
at
100.00
1,677,420
8,620
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2020A,
2.350%,
9/01/35
3/29
at
100.00
6,528,521
2,455
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2021A,
1.850%,
9/01/35
3/30
at
100.00
1,722,400
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Nebraska
-
0.8%
(continued)
$
3,555
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2021C,
2.100%,
9/01/36
9/30
at
100.00
$
2,614,224
1,630
Sarpy
County
School
District
037
Gretna
Public
Schools,
Nebraska,
General
Obligation
Bonds,
Series
2022B,
5.000%,
12/15/27
12/25
at
100.00
1,665,879
6,450
Washington
County,
Nebraska,
Wastewater
and
Solid
Waste
Disposal
Facilities
Revenue
Bonds,
Cargill
Inc.
Project,
Variable
Rate
Demand
Series
2012,
0.900%,
9/01/30,
(AMT),
(Mandatory
Put
9/01/25)
No
Opt.
Call
6,054,062
Total
Nebraska
42,386,567
Nevada
-
1.0%
8,640
Clark
County
School
District,
Nevada,
General
Obligation
Bonds,
Limited
Tax
Building
Series
2018B,
5.000%,
6/15/25
No
Opt.
Call
8,782,317
1,000
Clark
County
School
District,
Nevada,
General
Obligation
Bonds,
Limited
Tax
Building
Series
2020A,
3.000%,
6/15/24
-
AGM
Insured
No
Opt.
Call
989,855
6,380
Clark
County,
Nevada,
Airport
Revenue
Bonds,
Junior
Subordinate
Lien
Notes
Series
2021B,
5.000%,
7/01/27,
(AMT)
No
Opt.
Call
6,514,587
19,325
Clark
County,
Nevada,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2019D,
5.000%,
7/01/26
No
Opt.
Call
19,988,648
3,500
Clark
County,
Nevada,
Pollution
Control
Revenue
Bonds,
Nevada
Power
Company
Project,
Refunding
Series
2017,
3.750%,
1/01/36,
(Mandatory
Put
3/31/26)
3/26
at
100.00
3,451,291
6,960
Director
of
Nevada
State
Department
of
Business
and
Industry,
Revenue
Bonds,
Brightline
West
Passenger
Rail
Project,
Series
2020A,
3.700%,
1/01/50,
(AMT),
(Mandatory
Put
1/31/24)
10/23
at
100.00
6,918,809
950
Las
Vegas
Convention
and
Visitors
Authority,
Nevada,
Revenue
Bonds,
Refunding
Series
2017B,
5.000%,
7/01/25
No
Opt.
Call
965,451
2,275
Nevada
Housing
Division,
Multi-Unit
Housing
Revenue
Bonds,
Wood
Creek
Apartments
Project,
Series
2022,
5.000%,
12/01/25,
(Mandatory
Put
12/01/24)
12/24
at
100.00
2,283,879
Nevada
Housing
Division,
Single
Family
Housing
Mortgage
Revenue
Bonds,
Refunding
Series
2021A
:
1,970
1.850%,
10/01/33
10/30
at
100.00
1,535,232
1,970
2.000%,
10/01/36
10/30
at
100.00
1,539,204
3,000
Nevada
Housing
Division,
Single
Family
Housing
Mortgage
Revenue
Bonds,
Refunding
Series
2021B,
2.200%,
10/01/36
10/30
at
100.00
2,216,301
Total
Nevada
55,185,574
New
Hampshire
-
0.3%
8,420
National
Finance
Authority,
New
Hampshire,
Pollution
Control
Revenue
Bonds,
New
York
State
Electric
&
Gas
Corporation
Project,
Refunding
Series
2022A,
4.000%,
12/01/28,
(AMT)
No
Opt.
Call
8,112,640
New
Hampshire
Business
Finance
Authority,
Pollution
Control
Revenue
Bonds,
United
Illuminating
Company,
Refunding
Series
2003A
:
11,000
4.500%,
10/01/33
,
(WI/DD)
No
Opt.
Call
10,891,913
Total
New
Hampshire
19,004,553
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
Jersey
-
3.1%
$
10,299
Cherry
Hill
Township,
Camden
County,
New
Jersey,
General
Obligation
Bonds,
Bond
Anticipation
Note
Series
2022,
5.000%,
10/23/23
No
Opt.
Call
$
10,304,125
Delran
Township,
New
Jersey,
General
Obligation
Bonds,
Series
2019
:
1,000
2.000%,
10/15/27
No
Opt.
Call
898,358
1,000
2.000%,
10/15/28
No
Opt.
Call
872,525
1,000
2.000%,
10/15/29
No
Opt.
Call
850,472
630
(c)
Gloucester
County
Pollution
Control
Financing
Authority,
New
Jersey,
Pollution
Control
Revenue
Bonds,
Logan
Project,
Refunding
Series
2014A,
5.000%,
12/01/24,
(AMT),
(ETM)
No
Opt.
Call
631,124
Gloucester
Township,
New
Jersey,
General
Obligation
Bonds,
Series
2019
:
3,640
2.000%,
2/01/26
-
BAM
Insured
No
Opt.
Call
3,359,659
3,975
2.000%,
2/01/27
-
BAM
Insured
No
Opt.
Call
3,573,252
1,310
Mahwah
Township,
Bergen
County,
New
Jersey,
General
Improvement,
Water
and
Sewer
Utility
Bonds,
Series
2023,
1.000%,
1/15/25
No
Opt.
Call
1,248,955
400
Middlesex
County
Improvement
Authority,
New
Jersey,
County
Guaranteed
Capital
Equipment
&
Improvement
Bonds,
Series
2022,
5.000%,
9/15/25
No
Opt.
Call
409,796
6,035
New
Jersey
Economic
Development
Authority,
Revenue
Bonds,
Motor
Vehicle
Surcharge,
Refunding
Subordinate
Series
2017A,
3.375%,
7/01/30
7/27
at
100.00
5,540,169
10,545
New
Jersey
Economic
Development
Authority,
Revenue
Bonds,
Municipal
Rehabilitation,
Refunding
Series
2019A,
5.250%,
4/01/25
No
Opt.
Call
10,661,049
7,000
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Refunding
Series
2023RRR,
5.000%,
6/15/26
,
(WI/
DD)
No
Opt.
Call
7,075,134
2,995
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Series
2005N-1,
5.500%,
9/01/27
-
NPFG
Insured
No
Opt.
Call
3,168,114
6,135
(c)
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Series
2018EEE,
5.000%,
6/15/33,
(Pre-refunded
12/15/28)
12/28
at
100.00
6,597,164
300
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Social
Series
2021QQQ,
5.000%,
6/15/24
No
Opt.
Call
301,611
1,300
New
Jersey
Economic
Development
Authority,
Special
Facilities
Revenue
Bonds,
Continental
Airlines
Inc.,
Series
1999,
5.250%,
9/15/29,
(AMT)
10/23
at
100.50
1,296,680
9,180
New
Jersey
Economic
Development
Authority,
Water
Facilities
Revenue
Bonds,
New
Jersey-American
Water
Company
Inc.
Project,
Refunding
Series
2020E,
0.850%,
12/01/25,
(AMT)
No
Opt.
Call
8,188,979
2,600
New
Jersey
Health
Care
Facilities
Financing
Authority,
Revenue
Bonds,
Inspira
Health
Obligated
Group
Issue,
Refunding
Series
2016A,
5.000%,
7/01/29
7/26
at
100.00
2,646,188
New
Jersey
Housing
and
Mortgage
Finance
Agency,
Multifamily
Revenue
Bonds,
Series
2021B
:
3,500
0.650%,
5/01/24
No
Opt.
Call
3,427,845
6,335
0.750%,
11/01/24
No
Opt.
Call
6,105,614
New
Jersey
Housing
and
Mortgage
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2022I
:
2,515
2.650%,
10/01/24
No
Opt.
Call
2,477,948
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
Jersey
-
3.1%
(continued)
$
2,915
2.750%,
4/01/25
No
Opt.
Call
$
2,852,728
New
Jersey
State,
General
Obligation
Bonds,
Covid-19
Emergency
Series
2020A
:
1,425
5.000%,
6/01/24
No
Opt.
Call
1,435,676
3,600
5.000%,
6/01/25
No
Opt.
Call
3,670,020
2,655
4.000%,
6/01/30
No
Opt.
Call
2,705,316
1,530
4.000%,
6/01/31
No
Opt.
Call
1,552,301
New
Jersey
Transportation
Trust
Fund
Authority,
Federal
Highway
Reimbursement
Revenue
Notes,
Series
2018A
:
4,370
5.000%,
6/15/24
No
Opt.
Call
4,393,467
5,220
5.000%,
6/15/28
6/26
at
100.00
5,325,209
3,070
5.000%,
6/15/29
6/26
at
100.00
3,131,394
12,185
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2019A,
5.000%,
12/15/25
No
Opt.
Call
12,428,927
3,645
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2019BB,
5.000%,
6/15/32
12/28
at
100.00
3,782,013
500
Newark
Board
of
Education,
Essex
County,
New
Jersey,
General
Obligation
Bonds,
School
Energy
Savings
Series
2021,
5.000%,
7/15/24
No
Opt.
Call
503,295
560
(c)
Salem
County
Pollution
Control
Financing
Authority,
New
Jersey,
Pollution
Control
Revenue
Bonds,
Chambers
Project,
Refunding
Series
2014A,
5.000%,
12/01/23,
(AMT),
(ETM)
No
Opt.
Call
560,664
3,200
Salem
County
Pollution
Control
Financing
Authority,
New
Jersey,
Pollution
Control
Revenue
Bonds,
Philadelphia
Electric
Company
Project
Series
1993A,
4.450%,
3/01/25,
(AMT)
No
Opt.
Call
3,180,040
Tobacco
Settlement
Financing
Corporation,
New
Jersey,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2018A
:
5,420
5.000%,
6/01/24
No
Opt.
Call
5,453,274
4,000
5.000%,
6/01/25
No
Opt.
Call
4,053,427
4,010
5.000%,
6/01/26
No
Opt.
Call
4,089,752
1,000
5.000%,
6/01/27
No
Opt.
Call
1,027,857
2,490
5.000%,
6/01/28
No
Opt.
Call
2,577,657
16,305
5.000%,
6/01/29
6/28
at
100.00
16,858,051
2,385
4.000%,
6/01/37
6/28
at
100.00
2,235,368
6,795
Toms
River
Board
of
Education,
Ocean
County,
New
Jersey,
General
Obligation
Bonds,
Regional
Schools
Series
2019,
2.250%,
7/15/28
7/26
at
100.00
6,063,175
6,710
Union
County,
New
Jersey,
General
Obligation
Bonds,
Series
2018,
3.000%,
3/01/28
9/25
at
100.00
6,415,263
Total
New
Jersey
173,929,635
New
Mexico
-
1.2%
13,620
Farmington,
New
Mexico,
Pollution
Control
Revenue
Bonds,
Public
Service
Company
of
New
Mexico
San
Juan
Project,
Refunding
Series
2010A,
0.875%,
6/01/40,
(Mandatory
Put
10/01/26)
No
Opt.
Call
11,901,221
10,000
Farmington,
New
Mexico,
Pollution
Control
Revenue
Bonds,
Public
Service
Company
of
New
Mexico
San
Juan
Project,
Refunding
Series
2010B,
3.000%,
6/01/40,
(Mandatory
Put
6/01/24)
No
Opt.
Call
9,874,069
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
Mexico
-
1.2%
(continued)
New
Mexico
Finance
Authority,
State
Transportation
Revenue
Bonds,
State
Transportation
Commission Refunding
Senior
Lien,
Series
2022A
:
$
16,320
5.000%,
6/15/25
No
Opt.
Call
$
16,672,435
11,845
5.000%,
6/15/26
No
Opt.
Call
12,259,546
4,595
New
Mexico
Hospital
Equipment
Loan
Council,
Hospital
Revenue
Bonds,
Presbyterian
Healthcare
Services,
Series
2019B,
5.000%,
8/01/49,
(Mandatory
Put
8/01/25)
5/25
at
100.87
4,655,913
1,695
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2019D,
2.800%,
7/01/34
1/29
at
100.00
1,444,145
1,990
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2021A,
1.950%,
7/01/36
7/30
at
100.00
1,451,628
985
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2021C,
1.875%,
7/01/36
7/30
at
100.00
743,617
San
Juan
County,
New
Mexico,
Gross
Receipts
Tax
Revenue
Bonds,
Refunding
Series
2015A
:
1,625
5.000%,
6/15/24
No
Opt.
Call
1,633,503
1,690
5.000%,
6/15/25
No
Opt.
Call
1,719,509
1,760
5.000%,
6/15/26
6/25
at
100.00
1,788,039
534
Winrock
Town
Center
Tax
Increment
Development
District
1,
Albuquerque,
New
Mexico,
Gross
Receipts
Tax
Increment
Bonds,
Senior
Lien
Series
2022,
3.750%,
5/01/28,
144A
No
Opt.
Call
495,999
Total
New
Mexico
64,639,624
New
York
-
7.8%
10,000
Chautauqua
County
Capital
Resource
Corporation,
New
York,
Facilities
Revenue
Bonds,
NRG
Energy
Project
Refunding
Series
2020,
4.250%,
4/01/42,
(Mandatory
Put
4/03/28)
No
Opt.
Call
9,653,565
1,725
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Montefiore
Obligated
Group,
Series
2020A,
5.000%,
9/01/27
No
Opt.
Call
1,727,322
5,000
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Northwell
Healthcare
Inc,
Series
2019B-1,
1.800%,
5/01/48,
(Mandatory
Put
11/01/28)
5/28
at
100.00
4,444,631
2,000
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Orange
Regional
Medical
Center
Obligated
Group,
Series
2017,
5.000%,
12/01/23,
144A
No
Opt.
Call
1,996,121
1,015
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Rochester
Institute
of
Technology,
Series
2020A. Forward
Delivery,
5.000%,
7/01/25
No
Opt.
Call
1,037,010
10,000
Grand
Island,
New
York,
General
Obligation
Bonds,
Refunding
Public
Improvement
Series
2022,
4.000%,
10/06/23
No
Opt.
Call
9,999,969
4,310
Long
Island
Power
Authority,
New
York,
Electric
System
General
Revenue
Bonds,
Mandatory
Tender
Series
2020B,
0.850%,
9/01/50,
(Mandatory
Put
9/01/25)
3/25
at
100.00
4,014,571
11,850
Long
Island
Power
Authority,
New
York,
Electric
System
General
Revenue
Bonds,
Notes
Series
2021,
1.000%,
9/01/25
10/23
at
100.00
10,971,900
5,020
Metropolitan
Transportation
Authority,
New
York,
Dedicated
Tax
Fund
Bonds,
Climate
Bond
Certified,
Refunding
Green
Series
2016B-2,
5.000%,
11/15/32
11/26
at
100.00
5,174,503
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
7.8%
(continued)
$
1,390
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Refunding
Green
Climate
Certified
Series
2017B,
5.000%,
11/15/23
No
Opt.
Call
$
1,390,927
5,000
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Refunding
Green
Climate
Certified
Series
2017C-1,
5.000%,
11/15/26
No
Opt.
Call
5,119,228
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Refunding
Green
Climate
Certified
Series
2020E
:
1,500
5.000%,
11/15/30
No
Opt.
Call
1,559,318
2,250
5.000%,
11/15/32
11/30
at
100.00
2,363,729
10,850
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Series
2015C-1,
5.250%,
11/15/29
11/25
at
100.00
10,994,383
6,100
(d)
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Variable
Rate
Demand
Obligations,
Series
2005D-1,
3.894%,
11/01/35,
(Mandatory
Put
4/01/24)
(SOFR*0.67%
reference
rate
+
0.330%
spread)
1/24
at
100.00
6,081,918
Nassau
County
Local
Economic
Assistance
Corporation,
New
York,
Revenue
Bonds,
Catholic
Health
Services
of
Long
Island
Obligated
Group
Project,
Series
2014B
:
1,075
5.000%,
7/01/24
No
Opt.
Call
1,078,933
685
5.000%,
7/01/25
7/24
at
100.00
688,124
1,065
5.000%,
7/01/26
7/24
at
100.00
1,070,327
1,500
5.000%,
7/01/27
7/24
at
100.00
1,508,487
10,000
New
York
City
Housing
Development
Corporation,
New
York,
Multifamily
Housing
Revenue
Bonds,
Green
Series
2023A-2,
3.700%,
5/01/63,
(Mandatory
Put
12/30/27)
12/25
at
100.00
9,619,045
10,200
New
York
City
Housing
Development
Corporation,
New
York,
Multifamily
Housing
Revenue
Bonds,
Sustainable
Development
Green
Bond
2021K-2,
0.900%,
11/01/60,
(Mandatory
Put
1/01/26)
10/24
at
100.00
9,276,807
5,760
New
York
City
Housing
Development
Corporation,
New
York,
Multifamily
Housing
Revenue
Bonds,
Sustainable
Neighborhood
Green
Series
2020D-
1B,
2.000%,
11/01/35
5/28
at
100.00
4,155,367
2,705
New
York
City
Housing
Development
Corporation,
New
York,
Multifamily
Housing
Revenue
Bonds,
Sustainable
Neighborhood
Green
Series
2020D-
2,
0.700%,
5/01/60,
(Mandatory
Put
11/01/24)
10/23
at
100.00
2,574,356
New
York
City
Housing
Development
Corporation,
New
York,
Multifamily
Housing
Revenue
Bonds,
Sustainable
Neighborhood
Series
2019A-3A
:
3,470
3.450%,
11/01/34
2/27
at
100.00
3,172,762
10,140
1.125%,
5/01/60,
(Mandatory
Put
11/01/24)
10/23
at
100.00
9,745,691
3,010
New
York
City
Housing
Development
Corporation,
New
York,
Multifamily
Housing
Revenue
Bonds,
Sustainable
Neighborhood
Series
2019G-1B,
2.550%,
11/01/34
5/27
at
100.00
2,439,322
980
New
York
City
Industrial
Development
Agency,
New
York,
Civic
Facility
Revenue
Bonds,
The
Churchill
School
and
Center
for
Learning
Disabilities
Inc.,
Short
Term
Auction
Rate
Series
1999,
2.250%,
10/01/29
-
AGM
Insured
No
Opt.
Call
873,198
1,000
New
York
City
Industrial
Development
Agency,
New
York,
PILOT
Payment
in
Lieu
of
Taxes
Revenue
Bonds,
Queens
Baseball
Stadium
Project,
Refunding
Series
2021A,
5.000%,
1/01/24
-
AGM
Insured
No
Opt.
Call
1,002,073
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
7.8%
(continued)
$
8,845
New
York
City
Transitional
Finance
Authority,
New
York,
Future
Tax
Secured
Bonds,
Subordinate
Fiscal
2021
Subseries
A,
5.000%,
11/01/28
No
Opt.
Call
$
9,425,267
2,100
New
York
City
Transitional
Finance
Authority,
New
York,
Future
Tax
Secured
Bonds,
Subordinate
Fiscal
Series
2023B-1,
5.000%,
11/01/25
No
Opt.
Call
2,153,483
4,340
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2017
Series
A-1,
5.000%,
8/01/33
8/26
at
100.00
4,440,458
27,500
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2020
Series
C-1,
5.000%,
8/01/27
No
Opt.
Call
28,853,069
10,000
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2022
Series
B-1,
5.000%,
8/01/25
No
Opt.
Call
10,220,939
3,125
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2023
Series
1,
5.000%,
8/01/26
No
Opt.
Call
3,233,654
3,750
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2023
Series
C,
5.000%,
8/01/25
No
Opt.
Call
3,832,852
4,000
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2023
Series
D,
5.000%,
8/01/25
No
Opt.
Call
4,088,376
5,000
New
York
State
Energy
Research
and
Development
Authority,
Pollution
Control
Revenue
Bonds,
Rochester
Gas
and
Electric
Corporation,
Series
2004A,
2.875%,
5/15/32,
(Mandatory
Put
7/01/25)
No
Opt.
Call
4,897,585
45,000
New
York
State
Energy
Research
and
Development
Authority,
Pollution
Control
Revenue
Bonds,
Rochester
Gas
and
Electric
Corporation,
Series
2004B,
3.000%,
5/15/32,
(AMT),
(Mandatory
Put
7/01/25)
No
Opt.
Call
44,171,964
6,890
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Climate
Bond
Certified/Sustainability
Green
Series
2020J,
0.750%,
5/01/25
10/23
at
100.00
6,467,396
14,650
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Climate
Bond
Certified/Sustainability
Green
Series
2020L-2,
0.750%,
11/01/25
10/23
at
100.00
13,396,735
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Climate
Bond
Certified/Sustainability
Green
Series
2021J-2
:
5,940
1.000%,
11/01/61,
(Mandatory
Put
11/01/26)
10/23
at
100.00
5,303,814
5,000
1.100%,
11/01/61,
(Mandatory
Put
5/01/27)
6/24
at
100.00
4,350,145
10,055
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Green
Series
2022A-2,
2.500%,
11/01/60,
(Mandatory
Put
5/01/27)
3/24
at
100.00
9,346,123
8,065
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Refunding
Series
2019C,
3.500%,
11/01/34
5/28
at
100.00
7,297,008
4,185
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Refunding
Series
2020H,
2.100%,
11/01/35
5/29
at
100.00
3,119,417
6,670
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Sustainability
Series
2023C-2,
3.800%,
11/01/62,
(Mandatory
Put
5/01/29)
8/25
at
100.00
6,426,008
9,485
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
223,
2.650%,
10/01/34
10/28
at
100.00
7,711,913
2,415
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
225,
2.000%,
10/01/35
10/29
at
100.00
1,738,842
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
7.8%
(continued)
$
3,460
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
227,
2.100%,
10/01/35
10/29
at
100.00
$
2,586,606
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
231
:
3,425
2.000%,
10/01/33
4/30
at
100.00
2,674,488
9,990
2.200%,
10/01/36
4/30
at
100.00
7,108,120
4,640
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Social
Series
239,
2.200%,
10/01/36
10/30
at
100.00
3,301,469
16,400
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Social
Series
242,
2.950%,
10/01/37
4/31
at
100.00
12,823,806
4,610
New
York
Transportation
Development
Corporation,
New
York,
Special
Facility
Revenue
Bonds,
American
Airlines,
Inc.
John
F
Kennedy
International
Airport
Project,
Refunding
Series
2016,
5.000%,
8/01/26,
(AMT)
10/23
at
100.00
4,583,244
New
York
Transportation
Development
Corporation,
New
York,
Special
Facility
Revenue
Bonds,
Terminal
4
John
F
Kennedy
International
Airport
Project,
Series
2022
:
5,000
5.000%,
12/01/27,
(AMT)
No
Opt.
Call
5,110,530
2,000
5.000%,
12/01/28,
(AMT)
No
Opt.
Call
2,052,345
2,000
5.000%,
12/01/29,
(AMT)
No
Opt.
Call
2,051,607
3,015
New
York
Transportation
Development
Corporation,
Special
Facility
Revenue
Bonds,
Delta
Air
Lines,
Inc.
-
LaGuardia
Airport
Terminals
C&D
Redevelopment
Project,
Series
2020,
4.000%,
10/01/30,
(AMT)
No
Opt.
Call
2,911,340
Oyster
Bay,
Nassau
County,
New
York,
General
Obligation
Bonds,
Refunding
Public
Improvement
Series
2022
:
1,000
5.000%,
8/01/25
-
AGM
Insured
No
Opt.
Call
1,022,449
1,060
5.000%,
8/01/26
-
AGM
Insured
No
Opt.
Call
1,099,743
1,000
5.000%,
8/01/27
-
AGM
Insured
No
Opt.
Call
1,053,959
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
Two
Hundred
Forty
Second
Series
2023
:
3,105
5.000%,
12/01/26,
(AMT)
No
Opt.
Call
3,168,140
10,000
5.000%,
12/01/27,
(AMT)
No
Opt.
Call
10,286,150
4,000
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
Two
Hundred
Second
Series
2017,
5.000%,
10/15/33,
(AMT)
4/27
at
100.00
4,069,156
4,000
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
Two
Hundred
Seventh
Series
2018,
5.000%,
9/15/25,
(AMT)
No
Opt.
Call
4,052,807
5,000
Rye
City
School
District,
Westchester
County,
New
York,
General
Obligation
Bonds,
Series
2023,
5.000%,
6/28/24
No
Opt.
Call
5,040,412
Suffolk
County
Economic
Development
Corporation,
New
York,
Revenue
Bonds,
Catholic
Health
Services
of
Long
Island
Obligated
Group
Project,
Series
2014
:
520
5.000%,
7/01/25
7/24
at
100.00
522,371
500
5.000%,
7/01/27
7/24
at
100.00
502,829
Suffolk
Tobacco
Asset
Securitization
Corporation,
New
York,
Tobacco
Settlement
Asset-Backed
Bonds,
Senior
Series
2021A-2
:
1,170
5.000%,
6/01/24
No
Opt.
Call
1,177,641
2,370
5.000%,
6/01/25
No
Opt.
Call
2,409,843
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
-
7.8%
(continued)
$
2,220
5.000%,
6/01/26
No
Opt.
Call
$
2,280,582
2,200
5.000%,
6/01/28
No
Opt.
Call
2,303,073
2,450
(d)
Triborough
Bridge
and
Tunnel
Authority,
New
York,
General
Purpose
Revenue
Bonds,
Variable
Rate
Demand
Obligation
Series
2005B-3
&
2005B-4,
3.938%,
1/01/32,
(Mandatory
Put
2/01/24)
(SOFR*0.67%
reference
rate
+
0.380%
spread)
2005
1
11/23
at
100.00
2,439,558
Triborough
Bridge
and
Tunnel
Authority,
New
York,
General
Revenue
Bonds,
MTA
Bridges
&
Tunnels,
Refunding
Series
2023A
:
5,000
5.000%,
11/15/25
No
Opt.
Call
5,121,845
15,000
5.000%,
11/15/26
No
Opt.
Call
15,555,808
18,100
Triborough
Bridge
and
Tunnel
Authority,
New
York,
Payroll
Mobility
Tax
Bonds,
MTA
Bridges
and
Tunnels,
Senior
Lien
Green
Climate
Bond
Certified
Series
2022E-1,
5.000%,
11/15/27
8/27
at
100.00
19,077,548
1,925
TSASC
Inc.,
New
York,
Tobacco
Settlement
Asset-Backed
Bonds,
Fiscal
2017
Series
A,
5.000%,
6/01/26
No
Opt.
Call
1,968,285
5,325
Westchester
County
Local
Development
Corporation,
New
York,
Revenue
Bond,
Purchase
Senior
Learning
Community,
Inc.
Project,
Accd
Inv,
Series
2021SD,
2.875%,
7/01/26,
144A
No
Opt.
Call
5,050,986
Total
New
York
437,615,375
North
Carolina
-
0.7%
6,000
Charlotte,
North
Carolina,
Water
and
Sewer
System
Revenue
Bonds,
Refunding
Series
2022A,
5.000%,
7/01/24
No
Opt.
Call
6,053,540
3,800
Charlotte-Mecklenburg
Hospital
Authority,
North
Carolina,
Health
Care
Revenue
Bonds,
Doing
Business
as
Atrium
Health,
Variable
Rate
Series
2018C,
3.450%,
1/15/48,
(Mandatory
Put
10/31/25)
No
Opt.
Call
3,735,358
5,000
Charlotte-Mecklenburg
Hospital
Authority,
North
Carolina,
Health
Care
Revenue
Bonds,
Doing
Business
as
Atrium
Health,
Variable
Rate
Series
2018E,
0.800%,
1/15/48,
(Mandatory
Put
10/31/25)
No
Opt.
Call
4,561,504
1,615
Columbus
County
Industrial
Facilities
and
Pollution
Control
Financing
Authority,
North
Carolina,
Recovery
Zone
Facility
Bonds,
International
Paper
Company
Project,
Refunding
Series
2020A,
1.375%,
5/01/34,
(Mandatory
Put
6/16/25)
No
Opt.
Call
1,536,422
810
North
Carolina
Housing
Finance
Agency,
Home
Ownership
Revenue
Bonds,
1998
Trust
Agreement,
Series
2019-42,
2.450%,
7/01/34
7/28
at
100.00
624,539
2,755
North
Carolina
Housing
Finance
Agency,
Home
Ownership
Revenue
Bonds,
1998
Trust
Agreement,
Series
2020-43,
2.625%,
1/01/35
1/29
at
100.00
2,251,731
5,000
North
Carolina
Housing
Finance
Agency,
Home
Ownership
Revenue
Bonds,
1998
Trust
Agreement,
Series
2021-47,
2.000%,
7/01/36
7/30
at
100.00
3,651,244
North
Carolina
Municipal
Power
Agency
1,
Catawba
Electric
Revenue
Bonds,
Refunding
Series
2015A
:
3,125
5.000%,
1/01/26
No
Opt.
Call
3,186,183
1,140
5.000%,
1/01/27
1/26
at
100.00
1,162,628
1,615
5.000%,
1/01/28
1/26
at
100.00
1,647,279
2,000
(c)
North
Carolina
Turnpike
Authority,
Triangle
Expressway
System
Revenue
Bonds,
Bond
Anticipation
Bond
Senior
Lien
Series
2020,
5.000%,
2/01/24,
(ETM)
No
Opt.
Call
2,003,097
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
North
Carolina
-
0.7%
(continued)
$
3,285
Raleigh,
North
Carolina,
General
Obligation
Bonds,
Public
Improvement
Series
2023A,
5.000%,
4/01/26
No
Opt.
Call
$
3,393,923
5,010
Wake
County,
North
Carolina,
General
Obligation
Bonds,
Public
Improvement
Series
2023A,
5.000%,
5/01/25
No
Opt.
Call
5,106,931
Total
North
Carolina
38,914,379
North
Dakota
-
0.9%
8,450
Cass
County
Joint
Water
Reserve
District,
North
Dakota,
Temporary
Improvement Special
Assessment
Bonds,
Refunding
Series
2021A,
0.480%,
5/01/24
10/23
at
100.00
8,173,627
6,905
City
of
Horace,
North
Dakota,
Temporary
Refunding
Improvement
Bonds,
Series
2022A,
3.250%,
8/01/24
10/23
at
100.00
6,778,386
Grand
Forks,
North
Dakota,
Health
Care
System
Revenue
Bonds,
Altru
Health
System
Obligated
Group,
Series
2017A
:
920
5.000%,
12/01/23
No
Opt.
Call
918,991
1,655
5.000%,
12/01/25
No
Opt.
Call
1,642,469
2,380
5.000%,
12/01/26
No
Opt.
Call
2,366,593
2,550
Grand
Forks,
North
Dakota,
Health
Care
System
Revenue
Bonds,
Altru
Health
System
Obligated
Group,
Series
2021,
5.000%,
12/01/27
No
Opt.
Call
2,540,268
Horace,
Cass
County,
North
Dakota,
General
Obligation
Bonds,
Refunding
Improvement
Series
2021
:
200
3.000%,
5/01/25
No
Opt.
Call
190,351
225
4.000%,
5/01/27
No
Opt.
Call
213,971
500
3.000%,
5/01/28
5/27
at
100.00
444,448
400
3.000%,
5/01/29
5/27
at
100.00
349,446
430
3.000%,
5/01/30
5/27
at
100.00
368,268
355
3.000%,
5/01/32
5/27
at
100.00
291,937
5,815
Horace,
Cass
County,
North
Dakota,
General
Obligation
Bonds,
Refunding
Improvement
Series
2023B,,
5.125%,
7/01/25
7/24
at
100.00
5,834,069
5,330
Horace,
Cass
County,
North
Dakota,
General
Obligation
Bonds,
Refunding
Improvement
Series
2023C,
5.000%,
5/01/32
,
(WI/DD)
No
Opt.
Call
5,340,949
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Series
2019C
:
6,190
2.800%,
7/01/32
7/28
at
100.00
5,342,116
1,570
3.000%,
7/01/34
7/28
at
100.00
1,356,544
2,500
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Series
2020A,
2.700%,
7/01/35
7/29
at
100.00
2,116,260
3,250
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Series
2020B,
2.100%,
7/01/35
1/30
at
100.00
2,472,552
3,600
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Series
2021A,
2.050%,
7/01/36
7/30
at
100.00
2,645,840
2,540
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Social
Series
2021B,
2.300%,
7/01/36
1/31
at
100.00
1,926,567
Total
North
Dakota
51,313,652
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Ohio
-
4.3%
Buckeye
Tobacco
Settlement
Financing
Authority,
Ohio,
Tobacco
Settlement
Asset-Backed
Revenue
Bonds,
Refunding
Senior
Lien
Series
2020A-2
Class
1
:
$
1,500
5.000%,
6/01/27
No
Opt.
Call
$
1,547,440
15,900
5.000%,
6/01/28
No
Opt.
Call
16,569,193
6,420
5.000%,
6/01/29
No
Opt.
Call
6,748,662
9,435
5.000%,
6/01/30
No
Opt.
Call
9,992,764
11,390
5.000%,
6/01/31
6/30
at
100.00
12,049,675
1,300
5.000%,
6/01/32
6/30
at
100.00
1,372,957
6,620
5.000%,
6/01/33
6/30
at
100.00
6,979,651
7,370
5.000%,
6/01/34
6/30
at
100.00
7,761,384
11,530
5.000%,
6/01/35
6/30
at
100.00
12,128,700
1,520
4.000%,
6/01/37
6/30
at
100.00
1,458,772
2,525
4.000%,
6/01/38
6/30
at
100.00
2,386,124
1,015
4.000%,
6/01/39
6/30
at
100.00
948,568
Chillicothe,
Ohio,
Hospital
Facilities
Revenue
Bonds,
Adena
Health
System
Obligated
Group
Project,
Refunding
&
Improvement
Series
2017
:
1,225
5.000%,
12/01/24
No
Opt.
Call
1,234,330
1,000
5.000%,
12/01/25
No
Opt.
Call
1,015,595
5,290
Columbus,
Ohio,
General
Obligation
Bonds,
Various
Purpose
Series
2018A,
5.000%,
4/01/30
10/28
at
100.00
5,645,587
875
Cuyahoga
Falls
City
School
District,
Summit
County,
Ohio,
General
Obligation
Bonds,
School
Improvement
Series
2021,
3.000%,
12/01/23
-
BAM
Insured
No
Opt.
Call
872,751
1,000
(c)
Franklin
County
Convention
Facilities
Authority,
Ohio,
Excise
Tax
and
Lease
Revenue
Bonds,
Columbus
City
&
Franklin
County
Lessees,
Refunding
Anticipation
Series
2014,
5.000%,
12/01/23,
(ETM)
No
Opt.
Call
1,001,267
5,120
(f)
Ohio
Air
Quality
Development
Authority,
Ohio,
Air
Quality
Development
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Series
2009A,
5.700%,
8/01/24
No
Opt.
Call
512
4,385
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Refunding
Series
2009B,
3.100%,
9/01/24
No
Opt.
Call
439
35,230
(f)
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
3.750%,
12/01/23
No
Opt.
Call
3,523
1,015
(f)
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Corporation
Project,
Refunding
Series
2010A,
3.125%,
7/01/33
No
Opt.
Call
101
35
(f)
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2005B,
3.125%,
1/01/34
No
Opt.
Call
4
2,525
(f)
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2008B,
3.625%,
10/01/33
No
Opt.
Call
252
10,660
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2005A,
2.100%,
1/01/29,
(AMT),
(Mandatory
Put
10/01/24)
No
Opt.
Call
10,298,203
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Ohio
-
4.3%
(continued)
$
18,950
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2005B,
2.100%,
7/01/28,
(AMT),
(Mandatory
Put
10/01/24)
No
Opt.
Call
$
18,306,843
1,000
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2005D,
2.100%,
10/01/28,
(AMT),
(Mandatory
Put
10/01/24)
No
Opt.
Call
966,060
15,750
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2007A,
2.500%,
8/01/40,
(AMT),
(Mandatory
Put
10/01/29)
No
Opt.
Call
13,161,114
10,000
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2007B,
2.500%,
11/01/42,
(AMT),
(Mandatory
Put
10/01/29)
No
Opt.
Call
8,356,263
2,285
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2014A,
2.400%,
12/01/38,
(Mandatory
Put
10/01/29)
10/24
at
100.00
1,910,350
11,860
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2014B,
2.600%,
6/01/41,
(AMT),
(Mandatory
Put
10/01/29)
10/24
at
100.00
9,969,891
1,000
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2014C,
2.100%,
12/01/27,
(AMT),
(Mandatory
Put
10/01/24)
No
Opt.
Call
966,060
6,600
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2014D,
1.900%,
5/01/26,
(Mandatory
Put
10/01/24)
No
Opt.
Call
6,363,407
20,250
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
Dayton
Power
&
Light
Company
Project,
Refunding
Collateralized
Series
2015A,
4.250%,
11/01/40,
(AMT),
(Mandatory
Put
6/01/27)
No
Opt.
Call
19,692,823
10,680
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
Dueke
Energy
Corporation
Project,
Refunding
Series
2022A,
4.250%,
11/01/39,
(AMT),
(Mandatory
Put
6/01/27)
No
Opt.
Call
10,452,331
600
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
Pratt
Paper
Ohio,
LLC
Project,
Series
2017,
3.750%,
1/15/28,
(AMT),
144A
No
Opt.
Call
588,565
1,330
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2019A,
3.500%,
9/01/34
3/28
at
100.00
1,264,897
2,510
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2019B,
2.800%,
9/01/34
9/28
at
100.00
2,075,579
1,470
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2020A,
2.500%,
9/01/35
3/29
at
100.00
1,212,596
3,710
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2021A,
2.050%,
9/01/36
3/30
at
100.00
2,754,997
2,925
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2021C,
2.250%,
9/01/36
9/30
at
100.00
2,228,080
Ohio
State,
General
Obligation
Bonds,
Conservation
Projects
Refunding
Series
2022A
:
3,205
4.000%,
9/01/25
No
Opt.
Call
3,224,912
1,755
4.000%,
9/01/26
No
Opt.
Call
1,774,055
1,785
4.000%,
9/01/27
No
Opt.
Call
1,816,631
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Ohio
-
4.3%
(continued)
Ohio
State,
General
Obligation
Bonds,
Infrastructure
Improvement
Refunding
Series
2022B
:
$
2,000
4.000%,
3/01/26
No
Opt.
Call
$
2,015,631
2,500
4.000%,
3/01/27
No
Opt.
Call
2,533,996
Ohio
State,
General
Obligation
Bonds,
Infrastructure
Improvement
Refunding
Series
2022C
:
2,210
4.000%,
9/01/25
No
Opt.
Call
2,223,730
1,645
4.000%,
9/01/26
No
Opt.
Call
1,662,861
3,525
4.000%,
9/01/27
No
Opt.
Call
3,587,464
Ohio
State,
General
Obligation
Bonds,
Refunding
Common
Schools
Series
2022A
:
4,000
4.000%,
6/15/25
No
Opt.
Call
4,021,085
2,800
4.000%,
6/15/26
No
Opt.
Call
2,826,620
3,750
4.000%,
6/15/27
No
Opt.
Call
3,809,670
2,430
Ohio
State,
Hospital
Revenue
Bonds,
Cleveland
Clinic
Health
System
Obligated
Group,
Series
2019C,
2.750%,
1/01/52,
(Mandatory
Put
5/01/28)
No
Opt.
Call
2,302,329
285
Ohio
State,
Major
New
State
Infrastructure
Project
Revenue
Bonds,
Series
2021-1A,
5.000%,
12/15/24
No
Opt.
Call
289,019
3,315
(f)
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generating
Corporation
Project,
Refunding
Series
2006A,
3.000%,
5/15/49
No
Opt.
Call
332
5,380
(f)
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Refunding
Series
2005B,
4.000%,
1/01/34
No
Opt.
Call
538
1,175
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Refunding
Series
2008B,
3.625%,
10/01/33
No
Opt.
Call
117
7,135
(f)
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Refunding
Series
2010A,
3.750%,
7/01/33
No
Opt.
Call
714
120
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Refunding
Series
2010C,
4.000%,
6/01/33
No
Opt.
Call
12
2,245
(f)
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2006B,
4.000%,
12/01/33
No
Opt.
Call
225
5,675
Ohio
Water
Development
Authority,
Water
Pollution
Control
Loan
Fund
Revenue
Bonds,
Green
Series
2023B,
5.000%,
12/01/36
6/33
at
100.00
6,186,335
1,070
Upper
Arlington,
Ohio,
Special
Obligation
Income
Tax
Revenue
Bonds,
Community
Center
Series
2023,
4.000%,
12/01/24
No
Opt.
Call
1,072,543
Total
Ohio
239,635,129
Oklahoma
-
4.6%
Blaine
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Watonga
Public
Schools
Project,
Series
2022
:
1,000
5.000%,
12/01/31
No
Opt.
Call
1,044,233
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Oklahoma
-
4.6%
(continued)
$
1,015
5.000%,
12/01/32
No
Opt.
Call
$
1,060,360
665
Bryan
County
School
Finance
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Durant
Public
Schools
Project,
Refunding
Series
2020,
4.000%,
12/01/24
No
Opt.
Call
664,783
Bryan
County
School
Finance
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Durant
Public
Schools
Project,
Series
2020
:
1,245
4.000%,
9/01/25
No
Opt.
Call
1,247,259
1,600
2.000%,
9/01/27
No
Opt.
Call
1,438,386
4,020
Canadian
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Mustang
Public
Schools
Project,
Series
2017,
4.000%,
9/01/24
No
Opt.
Call
4,019,478
5,000
Canadian
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Mustang
Public
Schools
Project,
Series
2023A,
5.000%,
9/01/31
No
Opt.
Call
5,273,918
5,000
Canadian
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Yukon
Public
Schools
Project,
Series
2023,
5.000%,
9/01/27
No
Opt.
Call
5,157,182
2,415
Cherokee
County,
Oklahoma,
Economic
Development
Authority,
Educational
Facilities
Lease
Revenue
Bonds,
Tahlequah
Public
Schools
Project,
Series
2022,
5.000%,
9/01/24
No
Opt.
Call
2,434,450
9,000
Cleveland
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Moore
Public
Schools
Project,
Series
2021,
4.000%,
6/01/27
No
Opt.
Call
9,054,083
1,330
Cleveland
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Noble
Public
Schools
Project,
Series
2017,
5.000%,
9/01/29
9/27
at
100.00
1,371,831
4,830
Cleveland
County
Independent
School
District
2
Moore,
Oklahoma,
General
Obligation
Bonds,
Combined
Purpose
Series
2020,
1.500%,
3/01/24
No
Opt.
Call
4,754,003
Cleveland
County
Independent
School
District
2
Moore,
Oklahoma,
General
Obligation
Bonds,
Combined
Purpose
Series
2022
:
8,005
2.000%,
3/01/25
No
Opt.
Call
7,693,236
8,005
2.000%,
3/01/26
No
Opt.
Call
7,481,646
8,010
2.000%,
3/01/27
No
Opt.
Call
7,283,961
Cleveland
County
Independent
School
District
29
Norman,
Oklahoma,
General
Obligation
Bonds,
Combined
Purpose
Series
2022
:
7,525
2.000%,
3/01/25
No
Opt.
Call
7,243,799
7,525
2.000%,
3/01/26
No
Opt.
Call
7,033,028
Clinton
Public
Works
Authority, Oklahoma,
Educational
Facilities,
Lease
Revenue
Bonds,
Series
2022
:
1,000
5.000%,
10/01/27
No
Opt.
Call
1,028,746
1,000
3.250%,
10/01/28
No
Opt.
Call
935,733
1,000
Comanche
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Elgin
Public
Schools
Project,
Series
2017A,
5.000%,
12/01/24
No
Opt.
Call
1,006,714
4,400
Cushing
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Cushing
Public
Schools
Project,
Series
2022,
5.000%,
9/01/28
No
Opt.
Call
4,574,650
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Oklahoma
-
4.6%
(continued)
$
2,175
Garfield
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Enid
Public
Schools
Project,
Series
2016A,
5.000%,
9/01/26
No
Opt.
Call
$
2,225,555
Garvin
County
Educational
Facilities
Authority,
Oklahoma,
Lease
Revenue
Bonds,
Wynnewood
Public
Schools
Project,
Series
2018
:
385
5.000%,
9/01/24
No
Opt.
Call
386,458
310
5.000%,
9/01/25
No
Opt.
Call
312,858
200
5.000%,
9/01/26
No
Opt.
Call
203,331
450
5.000%,
9/01/27
No
Opt.
Call
461,856
510
5.000%,
9/01/29
9/28
at
100.00
540,213
500
5.000%,
9/01/30
9/28
at
100.00
530,673
1,100
5.000%,
9/01/31
9/28
at
100.00
1,167,325
860
5.000%,
9/01/32
9/28
at
100.00
913,402
Grady
County
School
Finance
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Minco
Public
Schools
Project,
Series
2018
:
1,305
5.000%,
9/01/31
9/28
at
100.00
1,344,571
1,000
5.000%,
9/01/32
9/28
at
100.00
1,032,524
1,300
5.000%,
9/01/33
9/28
at
100.00
1,343,186
Kay
County
Public
Buildings
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Ponca
City
Public
Schools
Project,
Series
2022
:
6,005
5.000%,
9/01/25
No
Opt.
Call
6,065,838
5,045
5.000%,
9/01/27
No
Opt.
Call
5,177,922
McClain
County
Economic
Development
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Blanchard
Public
Schools
Project,
Series
2019
:
485
4.000%,
9/01/24
No
Opt.
Call
483,967
920
4.000%,
9/01/25
No
Opt.
Call
918,817
1,430
4.000%,
9/01/26
No
Opt.
Call
1,426,349
600
4.000%,
9/01/27
No
Opt.
Call
600,619
700
4.000%,
9/01/28
No
Opt.
Call
699,404
725
4.000%,
9/01/29
No
Opt.
Call
724,104
Okarche
Economic
Development
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Okarche
Public
Schools
Project,
Series
2016
:
1,100
5.000%,
9/01/27
9/26
at
100.00
1,129,587
1,125
5.000%,
9/01/28
9/26
at
100.00
1,151,842
4,640
Oklahoma
City,
Oklahoma,
General
Obligation
Bonds,
Series
2021,
2.000%,
3/01/24
No
Opt.
Call
4,587,447
5,760
Oklahoma
City,
Oklahoma,
General
Obligation
Bonds,
Series
2023,
5.000%,
3/01/25
No
Opt.
Call
5,862,124
Oklahoma
County
Finance
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Jones
Public
Schools
Project,
Series
2020
:
590
4.000%,
9/01/26
No
Opt.
Call
587,054
1,000
4.000%,
9/01/27
No
Opt.
Call
1,000,314
1,000
4.000%,
9/01/28
No
Opt.
Call
994,744
1,000
4.000%,
9/01/29
No
Opt.
Call
994,605
1,000
4.000%,
9/01/30
No
Opt.
Call
991,231
1,000
4.000%,
9/01/31
9/30
at
100.00
990,213
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Oklahoma
-
4.6%
(continued)
$
1,000
4.000%,
9/01/32
9/30
at
100.00
$
984,574
3,325
Oklahoma
County
Finance
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Western
Heights
Public
Schools
Project,
Series
2018A,
5.000%,
9/01/24
No
Opt.
Call
3,348,815
13,000
Oklahoma
County
Independent
School
District
12
Edmond,
General
Obligation
Bonds,
Combined
Purpose
Series
2022,
2.000%,
3/01/25
No
Opt.
Call
12,429,963
5,000
Oklahoma
County
Independent
School
District
89
Oklahoma
City,
Oklahoma,
General
Obligation
Bonds,
Combined
Purpose
Series
2023A,
3.000%,
7/01/26
No
Opt.
Call
4,835,862
5,000
Oklahoma
County,
Oklahoma,
General
Obligation
Bonds,
Limited
Tax
Series
2023,
4.000%,
5/01/25
No
Opt.
Call
5,010,186
Oklahoma
Development
Finance
Authority,
Health
System
Revenue
Bonds,
OU
Medicine
Project,
Series
2018B
:
2,295
5.000%,
8/15/24
No
Opt.
Call
2,276,611
1,895
5.000%,
8/15/25
No
Opt.
Call
1,867,024
1,900
5.000%,
8/15/26
No
Opt.
Call
1,860,860
3,675
5.000%,
8/15/27
No
Opt.
Call
3,566,083
1,400
5.000%,
8/15/28
No
Opt.
Call
1,342,639
350
5.000%,
8/15/29
8/28
at
100.00
332,171
350
Oklahoma
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Homeownership
Loan
Program,
Series
2020A,
2.650%,
9/01/35
3/29
at
100.00
319,068
Pittsburg
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
McAlester
Public
Schools
Project,
Series
2021
:
250
4.000%,
12/01/28
No
Opt.
Call
249,459
325
4.000%,
12/01/29
No
Opt.
Call
324,030
350
4.000%,
12/01/30
No
Opt.
Call
348,748
255
4.000%,
12/01/31
No
Opt.
Call
254,295
275
4.000%,
12/01/32
12/31
at
100.00
274,402
Pontotoc
County
Educational
Facilities
Authority,
Oklahoma,
Facilities
Lease
Revenue
Bonds,
Ada
Public
Schools
Project,
Series
2021
:
500
4.000%,
9/01/26
No
Opt.
Call
497,774
600
4.000%,
9/01/28
No
Opt.
Call
597,902
5,255
Rogers
County
Educational
Facilities
Authority,
Oklahoma,
Lease
Revenue
Bonds,
Verdigris
Public
Schools
Project,
Series
2018,
4.000%,
9/01/24
No
Opt.
Call
5,229,142
Rogers
County
Industrial
Development
Authority,
Oklahoma,
Capital
Improvement
Revenue
Bonds,
Refunding
Series
2017
:
850
3.000%,
4/01/24
No
Opt.
Call
840,920
725
4.000%,
4/01/25
No
Opt.
Call
723,851
770
4.000%,
4/01/26
4/25
at
100.00
769,572
715
4.000%,
4/01/27
4/25
at
100.00
713,213
Sand
Springs
Municipal
Authority,
Oklahoma,
Utility
System
Revenue
Bonds,
Refunding
Series
2020
:
400
3.000%,
11/01/31
11/28
at
100.00
361,424
500
3.000%,
11/01/32
11/28
at
100.00
442,480
530
3.000%,
11/01/33
11/28
at
100.00
461,614
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Oklahoma
-
4.6%
(continued)
Stephens
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Marlow
Public
Schools
Project,
Series
2022
:
$
1,990
5.000%,
9/01/34
9/32
at
100.00
$
2,077,011
1,075
5.000%,
9/01/35
9/32
at
100.00
1,114,733
Texas
County
Development
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Guymon
Public
Schools
Project,
Series
2018
:
900
4.000%,
12/01/23
No
Opt.
Call
898,902
1,100
5.000%,
12/01/25
No
Opt.
Call
1,115,338
Tulsa
County
Independent
School
District
001
Tulsa,
Oklahoma,
General
Obligation
Bonds,
Combined
Purpose
Series
2023A
:
5,000
3.000%,
3/01/25
No
Opt.
Call
4,914,676
3,625
1.000%,
3/01/26
No
Opt.
Call
3,339,225
Tulsa
County
Industrial
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Broken
Arrow
Public
Schools
Project,
Series
2019A
:
8,360
5.000%,
9/01/27
No
Opt.
Call
8,767,480
10,730
5.000%,
9/01/28
No
Opt.
Call
11,371,290
Tulsa
County
Industrial
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Glenpool
Public
Schools
Project,
Series
2017A
:
700
5.000%,
9/01/24
No
Opt.
Call
705,950
1,355
5.000%,
9/01/25
No
Opt.
Call
1,381,921
1,500
Tulsa
Public
Facilities
Authority,
Oklahoma,
Capital
Improvement
Revenue
Bonds,
Series
2020,
3.000%,
5/01/24
No
Opt.
Call
1,485,156
Tulsa,
Oklahoma,
General
Obligation
Bonds,
Series
2021
:
6,300
0.050%,
11/01/23
No
Opt.
Call
6,269,858
12,800
0.375%,
11/01/24
No
Opt.
Call
12,065,277
12,800
0.500%,
11/01/25
No
Opt.
Call
11,551,391
4,015
Tulsa,
Oklahoma,
General
Obligation
Bonds,
Series
2022,
3.000%,
10/01/26
No
Opt.
Call
3,861,157
Wagoner
County
School
Development
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Wagoner
Public
Schools
Project,
Series
2019
:
1,450
4.000%,
9/01/27
No
Opt.
Call
1,445,779
300
4.000%,
9/01/28
No
Opt.
Call
299,215
Washington
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Caney
Valley
Public
Schools
Project,
Series
2021
:
710
3.000%,
9/01/25
No
Opt.
Call
688,807
530
3.000%,
9/01/27
No
Opt.
Call
500,754
445
3.000%,
9/01/29
No
Opt.
Call
409,160
1,250
3.000%,
9/01/31
No
Opt.
Call
1,115,282
Weatherford
Industrial
Trust
Educational,
Oklahoma,
Facilities
Lease
Revenue
Bonds,
Weatherford
Public
Schools
Project,
Series
2019
:
1,300
5.000%,
3/01/25
No
Opt.
Call
1,313,053
1,750
5.000%,
3/01/27
No
Opt.
Call
1,800,037
Total
Oklahoma
255,403,746
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Oregon
-
1.0%
Benton
and
Linn
Counties
District
School
District
509J
Corvallis,
Oregon,
General
Obligation
Bonds,
Series
2018A
:
$
2,335
5.000%,
6/15/24
No
Opt.
Call
$
2,353,169
1,305
5.000%,
6/15/25
No
Opt.
Call
1,331,452
1,085
5.000%,
6/15/26
No
Opt.
Call
1,120,995
1,000
5.000%,
6/15/27
No
Opt.
Call
1,048,883
Clackamas
and
Washington
Counties
School
District
3JT,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2015
:
11,055
5.000%,
6/15/25
No
Opt.
Call
11,279,082
5,085
5.000%,
6/15/26
6/25
at
100.00
5,184,228
Clackamas
County
School
District
12,
North
Clackamas,
Oregon,
General
Obligation
Bonds,
Series
2017B
:
2,375
5.000%,
6/15/27
No
Opt.
Call
2,492,779
2,045
5.000%,
6/15/28
6/27
at
100.00
2,144,657
5,540
Deschutes
County
Administrative
School
District
1,
Bend-La
Pine,
Oregon,
General
Obligation
Bonds,
Series
2023,
5.000%,
6/15/24
No
Opt.
Call
5,583,106
610
Deschutes
Public
Library
District,
Deschutes
County,
Oregon,
General
Obligation
Bonds,
Series
2021,
4.000%,
6/01/24
No
Opt.
Call
610,632
1,720
Multnomah
County
Hospital
Facilities
Authority,
Oregon,
Revenue
Bonds,
Adventist
Health
System/West,
Refunding
Variable
Rate
Series
2019,
5.000%,
3/01/40,
(Mandatory
Put
3/01/25)
9/24
at
100.00
1,726,818
5,800
Multnomah
County
Hospital
Facilities
Authority,
Oregon,
Revenue
Bonds,
Terwilliger
Plaza-Parkview
Project,
Refunding
Green
Series
2021B-2,
0.950%,
6/01/27
10/23
at
100.00
5,033,472
11,585
Oregon
Health
and
Science
University,
Revenue
Bonds,
Exchange
Series
2021C,
4.000%,
7/01/42,
(Mandatory
Put
2/01/29)
11/28
at
100.00
11,516,136
7,225
Oregon
Housing
and
Community
Services
Department,
Single
Family
Mortgage
Program
Revenue
Bonds,
Series
2021A,
2.050%,
7/01/36
7/30
at
100.00
5,338,573
Total
Oregon
56,763,982
Pennsylvania
-
3.6%
3,150
Allegheny
County
Airport
Authority,
Pennsylvania,
Airport
Revenue
Bonds,
Pittsburgh
International
Airport,
Series
2021A,
5.000%,
1/01/26,
(AMT)
No
Opt.
Call
3,181,350
Allegheny
County
Hospital
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Allegheny
Health
Network
Obligated
Group
Issue,
Series
2018A
:
2,415
5.000%,
4/01/24
No
Opt.
Call
2,422,660
2,730
5.000%,
4/01/25
No
Opt.
Call
2,760,512
2,055
5.000%,
4/01/26
No
Opt.
Call
2,097,050
4,435
5.000%,
4/01/27
No
Opt.
Call
4,547,464
4,865
(f)
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2008A,
2.700%,
4/01/35
No
Opt.
Call
487
5,055
(f)
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006B,
3.500%,
12/01/35
No
Opt.
Call
506
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Pennsylvania
-
3.6%
(continued)
Berks
County
Industrial
Development
Authority,
Pennsylvania,
Health
System
Revenue
Bonds,
Tower
Health
Project,
Series
2017
:
$
3,910
5.000%,
11/01/28
11/27
at
100.00
$
2,408,526
1,475
5.000%,
11/01/29
11/27
at
100.00
877,321
2,240
4.000%,
11/01/31
11/27
at
100.00
1,289,363
2,970
4.000%,
11/01/32
11/27
at
100.00
1,706,828
Berks
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Tower
Health
Project,
Series
2020A
:
600
5.000%,
2/01/25
No
Opt.
Call
429,824
1,000
5.000%,
2/01/28
No
Opt.
Call
617,240
8,890
Berks
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Tower
Health
Project,
Series
2020B-2,
5.000%,
2/01/40,
(Mandatory
Put
2/01/27)
8/26
at
101.63
5,781,023
7,890
Berks
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Tower
Health
Project,
Series
2020B-3,
5.000%,
2/01/40,
(Mandatory
Put
2/01/30)
8/29
at
101.50
4,696,293
2,690
(d)
Bethlehem
Area
School
District
Authority,
Northampton
and
Lehigh
Counties,
Pennsylvania,
School
Revenue
Bonds,
Bethlehem
Area
School
District
Refunding
Project,
Series
2021A,
3.908%,
1/01/30,
(Mandatory
Put
11/01/25)
(SOFR*0.67%
reference
rate
+
0.350%
spread)
11/24
at
100.00
2,626,325
500
Bristol
Township
School
District,
Bucks
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2023,
5.000%,
6/01/24
-
BAM
Insured
No
Opt.
Call
502,932
1,000
Capital
Region
Water,
Pennsylvania,
Water
Revenue
Bonds,
Series
2018,
5.000%,
7/15/25
No
Opt.
Call
1,018,741
3,775
Clarion
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Pennsylvania-American
Water
Company
Project,
Refunding
Series
2019,
2.450%,
12/01/39,
(AMT),
(Mandatory
Put
12/03/29)
12/29
at
100.00
3,267,398
3,000
Commonwealth
Financing
Authority,
Pennsylvania,
Revenue
Bonds,
Refunding
Forward
Delivery
Series
2020A,
5.000%,
6/01/26
No
Opt.
Call
3,077,908
3,295
Commonwealth
Financing
Authority,
Pennsylvania,
State
Appropriation
Lease
Bonds,
Master
Settlement,
Series
2018,
5.000%,
6/01/24
No
Opt.
Call
3,311,751
5,565
Lehigh
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
Pennsylvania
Power
and
Light
Company,
Series
2016A,
3.000%,
9/01/29
No
Opt.
Call
5,094,317
10,000
Lehigh
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
Pennsylvania
Power
and
Light
Company,
Series
2016B,
2.625%,
2/15/27
No
Opt.
Call
9,318,755
4,565
Lower
Merion
School
District,
Montgomery
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2019,
4.000%,
11/15/30
11/27
at
100.00
4,635,684
8,065
Luzerne
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Pennsylvania-American
Water
Company
Project,
Refunding
Series
2019,
2.450%,
12/01/39,
(AMT),
(Mandatory
Put
12/03/29)
12/29
at
100.00
6,991,253
8,390
Montgomery
County
Industrial
Development
Authority,
Pennsylvania,
Facilities
Revenue
Bonds,
Constellation
Energy
Generation
LLC
Project,
Refunding
Series
2023A,
4.100%,
10/01/53,
(Mandatory
Put
4/03/28)
No
Opt.
Call
8,369,534
504
Northampton
County
Industrial
Development
Authority,
Pennsylvania,
Recovery
Revenue
Bonds,
Northampton
Generating
Project,
Senior
Lien
Series
2013A0
&
AE2,
0.900%,
12/31/23
10/23
at
100.00
90,750
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Pennsylvania
-
3.6%
(continued)
$
259
Northampton
County
Industrial
Development
Authority,
Pennsylvania,
Recovery
Revenue
Bonds,
Northampton
Generating
Project,
Senior
Lien
Taxable
Series
2013B,
0.900%,
12/31/23
,
(cash
5.000%,
PIK
5.000%)
No
Opt.
Call
$
46,554
5,945
(f)
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
Shippingport
Project,
First
Energy
Guarantor.,
Series
2005A,
3.750%,
12/01/40
No
Opt.
Call
594
3,565
(f)
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
Shippingport
Project,
First
Energy
Guarantor.,
Series
2006A,
2.550%,
11/01/41
No
Opt.
Call
356
1,000
Pennsylvania
Economic
Development
Financing
Authority,
Revenue
Bonds,
University
of
Pittsburgh
Medical
Center,
Series
2023A-1,
5.000%,
5/15/31
2/31
at
100.00
1,057,918
15,000
Pennsylvania
Economic
Development
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Project,
Refunding
Series
2021B,
1.100%,
6/01/31,
(AMT),
(Mandatory
Put
11/02/26)
11/26
at
100.00
13,515,873
3,750
Pennsylvania
Economic
Development
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Project,
Series
2009,
0.950%,
12/01/33,
(Mandatory
Put
12/01/26)
No
Opt.
Call
3,353,551
3,905
Pennsylvania
Economic
Development
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Project,
Series
2017A,
0.580%,
8/01/37,
(AMT),
(Mandatory
Put
8/01/24)
No
Opt.
Call
3,747,623
1,270
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2017-122,
3.250%,
10/01/28
4/26
at
100.00
1,203,805
2,265
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2017-123B,
3.450%,
10/01/32
10/26
at
100.00
2,095,266
5,000
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2017-124B,
3.200%,
10/01/32
10/26
at
100.00
4,505,935
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2017-125A
:
3,390
3.000%,
4/01/27,
(AMT)
No
Opt.
Call
3,202,920
3,345
3.050%,
10/01/27,
(AMT)
4/27
at
100.00
3,142,511
8,730
3.400%,
10/01/32,
(AMT)
4/27
at
100.00
7,791,922
1,035
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019-128A,
3.650%,
10/01/32,
(AMT)
10/27
at
100.00
938,910
2,555
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019-129,
2.950%,
10/01/34
10/28
at
100.00
2,189,295
7,070
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019-130A,
2.500%,
10/01/34
10/28
at
100.00
5,780,894
4,850
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020-132A,
2.300%,
10/01/35
10/29
at
100.00
3,769,290
10,000
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021-137,
2.250%,
10/01/36
4/31
at
100.00
7,277,487
10,000
Pennsylvania
State,
General
Obligation
Bonds,
First
Series
2022,
5.000%,
10/01/27
No
Opt.
Call
10,546,802
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Pennsylvania
-
3.6%
(continued)
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Refunding
Subordinate
Second
Series
2016B-2
:
$
8,095
5.000%,
6/01/24
-
AGM
Insured
No
Opt.
Call
$
8,155,650
4,420
5.000%,
6/01/29
6/26
at
100.00
4,534,688
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Revenue
Bonds,
Saint
Joseph's
University
Project,
Refunding
Series
2020C.
Forward
Delivery
:
540
4.000%,
11/01/24
No
Opt.
Call
536,843
1,000
5.000%,
11/01/25
No
Opt.
Call
1,012,081
850
5.000%,
11/01/26
No
Opt.
Call
865,153
1,000
5.000%,
11/01/27
No
Opt.
Call
1,025,674
1,000
5.000%,
11/01/28
No
Opt.
Call
1,030,899
1,000
5.000%,
11/01/29
No
Opt.
Call
1,034,129
14,400
Philadelphia,
Pennsylvania,
Airport
Revenue
Bonds,
Refunding
Series
2020C,
5.000%,
7/01/25,
(AMT)
No
Opt.
Call
14,525,365
1,105
Scranton-Lackawanna
Health
and
Welfare
Authority,
Pennsylvania,
University
Revenue
Bonds,
Marywood
University,
Series
2016,
3.375%,
6/01/26
No
Opt.
Call
1,038,181
Washington
County
Industrial
Development
Authority,
Pennsylvania,
College
Revenue
Bonds,
AICUP
Financing
Program-Washington
and
Jefferson
College
Project,
Series
2017-PP5
:
2,530
5.000%,
11/01/23
No
Opt.
Call
2,530,365
2,665
5.000%,
11/01/24
No
Opt.
Call
2,674,276
2,550
5.000%,
11/01/25
No
Opt.
Call
2,563,200
Westmoreland
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Excela
Health
Project,
Series
2020A
:
1,150
4.000%,
7/01/25
No
Opt.
Call
1,128,476
1,200
5.000%,
7/01/27
No
Opt.
Call
1,212,100
Total
Pennsylvania
199,156,381
Puerto
Rico
-
3.7%
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Forward
Delivery
Series
2022A
:
3,430
5.000%,
7/01/24,
144A
No
Opt.
Call
3,436,695
4,600
5.000%,
7/01/25,
144A
No
Opt.
Call
4,614,880
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2020A
:
2,500
5.000%,
7/01/25,
144A
No
Opt.
Call
2,508,087
8,795
5.000%,
7/01/30,
144A
No
Opt.
Call
8,784,360
325
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2021A,
5.000%,
7/01/25,
144A
No
Opt.
Call
326,051
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2021B
:
8,620
5.000%,
7/01/24,
144A
No
Opt.
Call
8,636,826
935
5.000%,
7/01/29,
144A
No
Opt.
Call
938,633
1,624
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Senior
Lien
Series
2008A,
6.125%,
7/01/24
No
Opt.
Call
1,640,356
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Puerto
Rico
-
3.7%
(continued)
$
5,000
(c)
Puerto
Rico
Industrial,
Tourist,
Educational,
Medical
and
Environmental
Control
Facilities
Financing
Authority,
Hospital
Revenue
Bonds,
Hospital
de
la
Concepcion,
Series
2017A,
3.550%,
11/15/30,
(Pre-refunded
11/15/26)
11/26
at
100.00
$
4,901,975
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
2018A-1
:
3,498
0.000%,
7/01/24
No
Opt.
Call
3,390,678
37,987
0.000%,
7/01/27
No
Opt.
Call
32,392,901
37,113
0.000%,
7/01/29
7/28
at
98.64
28,903,189
11,636
0.000%,
7/01/31
7/28
at
91.88
8,257,810
35,239
0.000%,
7/01/33
7/28
at
86.06
22,623,431
945
4.500%,
7/01/34
7/25
at
100.00
912,118
2,451
4.550%,
7/01/40
7/28
at
100.00
2,261,242
105
0.000%,
7/01/46
7/28
at
41.38
27,199
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Taxable
Restructured
Cofina
Project
Series
2019A-2
:
3,503
4.329%,
7/01/40
7/28
at
100.00
3,146,267
146
4.329%,
7/01/40
7/28
at
100.00
131,132
Puerto
Rico,
General
Obligation
Bonds,
Restructured
Series
2022A-1
:
523
0.000%,
7/01/24
No
Opt.
Call
505,642
48,378
5.375%,
7/01/25
No
Opt.
Call
48,899,282
13,542
5.625%,
7/01/27
No
Opt.
Call
13,910,352
4,640
5.625%,
7/01/29
No
Opt.
Call
4,801,579
1,815
5.750%,
7/01/31
No
Opt.
Call
1,898,576
1,035
0.000%,
7/01/33
7/31
at
89.94
611,732
Total
Puerto
Rico
208,460,993
Rhode
Island
-
0.5%
65
Rhode
Island
Health
and
Educational
Building
Corporation,
Public
Schools
Financing
Program
Revenue
Bonds,
City
of
Providence,
Series
2021D,
5.000%,
5/15/25
-
BAM
Insured
No
Opt.
Call
66,177
3,410
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bond
Program,
2019
Series
70,
2.800%,
10/01/34
10/28
at
100.00
2,872,950
13,005
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bond
Program,
2021
Series
75A,
2.050%,
10/01/36
4/30
at
100.00
9,371,313
9,795
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bond
Program,
2022
Series
76A,
2.350%,
10/01/36
4/31
at
100.00
7,220,265
2,595
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bonds,
Series
73-A,
2.100%,
10/01/35
10/29
at
100.00
1,979,794
5,000
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bonds,
Series
74,
2.125%,
10/01/36
4/30
at
100.00
3,638,487
1,215
Rhode
Island
Housing
and
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bond
Program,
Series
2020-72A,
2.300%,
10/01/35
10/29
at
100.00
939,528
4,755
Rhode
Island
Tobacco
Settlement
Financing
Corporation,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2015B,
4.500%,
6/01/45
6/25
at
100.00
4,393,781
Total
Rhode
Island
30,482,295
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
South
Carolina
-
0.2%
$
455
Lexington
County
Health
Services
District,
Inc.,
South
Carolina,
Hospital
Revenue
Bonds,
Refunding
Series
2017,
5.000%,
11/01/26
No
Opt.
Call
$
466,801
1,140
South
Carolina
Housing
Finance
and
Development
Authority,
Mortgage
Revenue
Bonds,
Series
2019B,
2.650%,
7/01/34
1/29
at
100.00
948,221
2,835
South
Carolina
Housing
Finance
and
Development
Authority,
Mortgage
Revenue
Bonds,
Series
2020B,
2.000%,
7/01/35
1/30
at
100.00
2,153,120
6,105
South
Carolina
Housing
Finance
and
Development
Authority,
Mortgage
Revenue
Bonds,
Series
2021A,
1.850%,
7/01/36
7/30
at
100.00
4,278,369
600
South
Carolina
Housing
Finance
and
Development
Authority,
Mortgage
Revenue
Bonds,
Series
2023A,
4.450%,
7/01/38
7/32
at
100.00
585,297
530
South
Carolina
Jobs-Economic
Development
Authority,
Economic
Development
Revenue
Bonds,
FMU
Student
Housing
LLC
-
Francis
Marion
University
Project,
Series
2014A,
5.000%,
8/01/24
No
Opt.
Call
533,527
4,250
South
Carolina
Jobs-Economic
Development
Authority,
Revenue
Bonds,
International
Paper
Company
Project,
Refunding
Environmental
Improvement
Series
2023A,
4.000%,
4/01/33,
(AMT),
(Mandatory
Put
4/01/26)
3/26
at
100.00
4,213,206
Total
South
Carolina
13,178,541
South
Dakota
-
0.4%
650
South
Dakota
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Sanford
Health,
Series
2014B,
5.000%,
11/01/24
No
Opt.
Call
655,255
8,630
South
Dakota
Health
and
Educational
Facilities
Authority,
Reveune
Bonds,
Avera
Health,
Series
2019A,
5.000%,
7/01/33,
(Mandatory
Put
7/01/24)
4/24
at
100.00
8,649,834
3,060
South
Dakota
Housing
Development
Authority,
Homeownership
Mortgage
Revenue
Bonds,
Series
2021A,
1.900%,
11/01/36
5/30
at
100.00
2,154,675
5,000
South
Dakota
Housing
Development
Authority,
Homeownership
Mortgage
Revenue
Bonds,
Series
2021B,
1.850%,
11/01/36
5/30
at
100.00
3,535,803
7,310
South
Dakota
Housing
Development
Authority,
Homeownership
Mortgage
Revenue
Bonds,
Series
2022B,
2.300%,
11/01/37
11/30
at
100.00
5,516,126
1,165
South
Dakota
Housing
Development
Authority,
Homeownership
Mortgage
Revenue
Bonds,
Series
2022C,
4.125%,
11/01/37
11/31
at
100.00
1,054,704
Total
South
Dakota
21,566,397
Tennessee
-
0.7%
Knox
County
Health,
Educational
and
Housing
Facility
Board,
Tennessee,
Hospital
Revenue
Bonds,
East
Tennessee
Children's
Hospital,
Series
2019
:
2,335
5.000%,
11/15/32
2/29
at
100.00
2,397,568
2,810
5.000%,
11/15/33
2/29
at
100.00
2,887,089
1,200
Metropolitan
Government
of
Nashville-Davidson
County,
Tennessee,
Exempt
Facilities
Revenue
Bonds,
Waste
Management
Inc.,
Series
2001,
0.580%,
8/01/31,
(AMT),
(Mandatory
Put
8/01/24)
10/23
at
102.00
1,162,373
Metropolitan
Nashville
Airport
Authority,
Tennessee,
Airport
Improvement
Revenue
Bonds,
Series
2022B
:
745
5.000%,
7/01/26,
(AMT)
No
Opt.
Call
755,022
700
5.000%,
7/01/27,
(AMT)
No
Opt.
Call
714,767
1,030
5.000%,
7/01/28,
(AMT)
No
Opt.
Call
1,060,220
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Tennessee
-
0.7%
(continued)
$
3,000
Tennergy
Corporation,
Tennessee,
Gas
Revenue
Bonds,
Series
2019A,
5.000%,
2/01/50,
(Mandatory
Put
10/01/24)
7/24
at
100.58
$
3,008,007
10,800
Tennergy
Corporation,
Tennessee,
Gas
Revenue
Bonds,
Series
2021A,
4.000%,
12/01/51,
(Mandatory
Put
9/01/28)
6/28
at
100.68
10,341,081
1,640
Tennergy
Corporation,
Tennessee,
Gas
Revenue
Bonds,
Series
2022A,
5.500%,
10/01/53,
(Mandatory
Put
12/01/30)
9/30
at
100.10
1,666,628
840
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2015-1C,
3.850%,
7/01/32
1/25
at
100.00
815,549
2,905
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2019-1,
3.400%,
7/01/34
7/28
at
100.00
2,713,968
3,035
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2019-2,
2.800%,
7/01/34
7/28
at
100.00
2,551,079
630
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2020-3A,
2.100%,
7/01/35
7/29
at
100.00
476,907
1,940
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2021-1,
2.050%,
7/01/36
7/30
at
100.00
1,448,928
2,285
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2021-2,
2.000%,
7/01/37
7/30
at
100.00
1,659,251
3,475
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2021-3,
2.050%,
7/01/36
1/31
at
100.00
2,567,687
900
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2022-2,
4.050%,
7/01/37
7/31
at
100.00
828,310
2,130
The
Tennessee
Energy
Acquisition
Corporation,
Gas
Project
Revenue
Bonds,
Series
2018,
4.000%,
11/01/49,
(Mandatory
Put
11/01/25)
8/25
at
100.22
2,090,101
2,260
The
Tennessee
Energy
Acquisition
Corporation,
Gas
Revenue
Bonds,
Commodity
Project, Series
2021A,
5.000%,
5/01/52,
(Mandatory
Put
11/01/31)
8/31
at
100.85
2,241,132
Total
Tennessee
41,385,667
Texas
-
3.8%
5,075
Alamo
Community
College
District,
Bexar
County,
Texas,
General
Obligation
Bonds,
Maintenance
Tax
Notes Series
2022,
5.000%,
2/15/25
No
Opt.
Call
5,159,241
Austin
Convention
Enterprises
Inc.,
Texas,
Convention
Center
Hotel
Revenue
Bonds,
Refunding
First
Tier
Series
2017A
:
1,660
5.000%,
1/01/26
No
Opt.
Call
1,651,346
1,290
5.000%,
1/01/27
No
Opt.
Call
1,284,457
1,920
5.000%,
1/01/29
1/27
at
100.00
1,920,040
27,590
Austin
Independent
School
District,
Travis
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2022A,
5.000%,
8/01/24
No
Opt.
Call
27,855,703
Austin,
Texas,
General
Obligation
Bonds,
Refunding
&
Public
Improvement
Series
2023
:
2,250
5.000%,
9/01/26
,
(WI/DD)
No
Opt.
Call
2,330,505
2,280
5.000%,
9/01/27
,
(WI/DD)
No
Opt.
Call
2,388,074
Austin,
Texas,
Water
and
Wastewater
System
Revenue
Bonds,
Refunding
Forward
Delivery
Series
2023
:
1,000
5.000%,
11/15/25
No
Opt.
Call
1,023,550
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
3.8%
(continued)
$
1,000
5.000%,
11/15/26
No
Opt.
Call
$
1,037,352
6,470
Board
of
Regents
of
the
University
of
Texas,
Permanent
University
Fund
Bonds,
Series
2014B,
4.000%,
7/01/33
7/24
at
100.00
6,146,853
10,000
Central
Texas
Regional
Mobility
Authority,
Revenue
Bonds,
Anticipation
Notes
Subordinate
Lien
Series
2021C,
5.000%,
1/01/27
1/26
at
100.00
10,172,700
Dallas
Fort
Worth
International
Airport,
Texas,
Joint
Revenue
Bonds,
Refunding
Series
2023C.
:
2,145
5.000%,
11/01/24,
(AMT)
No
Opt.
Call
2,155,826
6,430
5.000%,
11/01/26,
(AMT)
No
Opt.
Call
6,533,517
6,810
5.000%,
11/01/27,
(AMT)
No
Opt.
Call
6,974,607
4,250
Dallas,
Texas,
General
Obligation
Bonds,
Refunding
and
Improvement
Series
2023A,
5.000%,
2/15/25
No
Opt.
Call
4,322,820
1,010
(c)
Dallas-Fort
Worth
International
Airport,
Texas,
Joint
Revenue
Bonds,
Refunding
Series
2014A,
5.250%,
11/01/26,
(Pre-refunded
11/01/23),
(AMT)
11/23
at
100.00
1,010,394
Denton
Independent
School
District,
Denton
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2023
:
2,750
5.000%,
8/15/36
8/33
at
100.00
2,988,161
1,000
5.000%,
8/15/37
8/33
at
100.00
1,074,940
7,130
Fort
Worth,
Texas,
General
Obligation
Bonds,
General
Purpose
Series
2023,
5.000%,
3/01/25
No
Opt.
Call
7,246,582
9,570
Grand
Prairie
Independent
School
District,
Dallas
County,
Texas,
General
Obligation
Bonds,
Refunding
Series
2015,
4.000%,
2/15/32
2/25
at
100.00
9,263,737
5,015
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Health
System,
Refunding
Series
2020C-3,
5.000%,
6/01/32,
(Mandatory
Put
12/01/26)
9/26
at
101.02
5,148,305
10,065
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Health
System,
Series
2019B-
3,
5.000%,
7/01/49,
(Mandatory
Put
12/01/26)
9/26
at
100.78
10,335,545
3,240
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Health
System,
Series
2022B,
5.000%,
6/01/50,
(Mandatory
Put
12/01/28)
12/27
at
101.49
3,373,327
3,365
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Healthcare
System,
Series
2014A,
5.000%,
12/01/24
No
Opt.
Call
3,402,047
5,205
Harris
County-Houston
Sports
Authority,
Texas,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2014A,
5.000%,
11/15/24
-
AGM
Insured
No
Opt.
Call
5,254,349
Houston,
Texas,
Airport
System
Revenue
Bonds,
Refunding
&
Subordinate
Lien
Series
2018C
:
4,000
5.000%,
7/01/29,
(AMT)
7/28
at
100.00
4,106,398
6,000
5.000%,
7/01/30,
(AMT)
7/28
at
100.00
6,132,586
3,000
5.000%,
7/01/31,
(AMT)
7/28
at
100.00
3,065,980
Irving
Independent
School
District,
Dallas
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2023
:
3,125
5.000%,
2/15/36
8/32
at
100.00
3,399,425
3,275
5.000%,
2/15/37
8/32
at
100.00
3,527,054
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
3.8%
(continued)
Love
Field
Airport
Modernization
Corporation,
Texas,
General
Airport
Revenue
Bonds
Series
2015
:
$
1,455
5.000%,
11/01/23,
(AMT)
No
Opt.
Call
$
1,455,279
1,500
5.000%,
11/01/24,
(AMT)
No
Opt.
Call
1,507,570
1,300
Lower
Colorado
River
Authority,
Texas,
Revenue
Bonds,
Refunding
Series
2023A,
5.000%,
5/15/26
No
Opt.
Call
1,337,320
7,250
Matagorda
County
Navigation
District
1,
Texas,
Pollution
Control
Revenue
Bonds,
Central
Power
&
Light
Company
Project,
Refunding
Series
1996,
4.250%,
5/01/30,
(AMT)
No
Opt.
Call
6,931,603
2,175
Mission
Economic
Development
Corporation,
Texas,
Revenue
Bonds,
Natgasoline
Project,
Senior
Lien
Series
2018,
4.625%,
10/01/31,
(AMT),
144A
10/23
at
103.00
2,085,795
North
Texas
Tollway
Authority,
System
Revenue
Bonds,
Refunding
First
Tier,
Series
2014A
:
4,910
5.000%,
1/01/24
No
Opt.
Call
4,920,660
2,460
(c)
5.000%,
1/01/24,
(ETM)
No
Opt.
Call
2,465,704
North
Texas
Tollway
Authority,
System
Revenue
Bonds,
Refunding
First
Tier,
Series
2017A
:
390
5.000%,
1/01/24
10/23
at
100.00
390,260
3,200
5.000%,
1/01/27
1/26
at
100.00
3,278,700
5,000
Pasadena
Independent
School
District,
Harris
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2015A,
4.000%,
2/15/32
2/24
at
100.00
4,923,012
35
San
Antonio
Independent
School
District,
Bexar
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2022,
5.000%,
8/15/24
No
Opt.
Call
35,355
8,840
Tarrant
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Scott
&
White
Healthcare
Project,
Series
2022E,
5.000%,
11/15/52,
(Mandatory
Put
5/15/26)
11/25
at
100.60
9,005,495
95
Tarrant
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Retirement
Facility
Revenue
Bonds,
MRC
Methodist
Retirement
Communities
Stevenson
Oaks
Project,
Mandatory
Paydown
Series
2020B-
2,
3.000%,
11/15/26
10/23
at
100.00
89,996
2,475
Texas
Department
of
Housing
and
Community
Affairs,
Residential
Mortgage
Revenue
Bonds,
Series
2019A,
3.500%,
7/01/34
7/28
at
100.00
2,130,650
3,405
Texas
Department
of
Housing
and
Community
Affairs,
Single
Family
Mortgage
Revenue
Bonds,
Series
2021A,
1.850%,
9/01/36
3/30
at
100.00
2,396,766
Texas
Private
Activity
Bond
Surface
Transportation
Corporation,
Senior
Lien
Revenue
Bonds,
LBJ
Infrastructure
Group
LLC
IH-635
Managed
Lanes
Project,
Refunding Series
2020A
:
3,025
4.000%,
12/31/30
No
Opt.
Call
2,889,351
4,005
4.000%,
6/30/31
12/30
at
100.00
3,814,906
13,325
Texas
State,
General
Obligation
Bonds,
Transportation
Commission
Mobility
Fund,
Refunding
Series
2015A,
5.000%,
10/01/32
10/25
at
100.00
13,590,070
Total
Texas
213,533,913
Utah
-
0.4%
Intermountain
Power
Agency,
Utah,
Power
Supply
Revenue
Bonds,
Series
2022A
:
2,470
5.000%,
7/01/26
No
Opt.
Call
2,554,823
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Utah
-
0.4%
(continued)
$
2,750
5.000%,
7/01/27
No
Opt.
Call
$
2,883,490
Salt
Lake
City,
Utah,
Airport
Revenue
Bonds,
International
Airport
Series
2023A
:
1,100
5.000%,
7/01/26,
(AMT)
No
Opt.
Call
1,114,798
1,200
5.000%,
7/01/27,
(AMT)
No
Opt.
Call
1,225,314
1,100
5.000%,
7/01/28,
(AMT)
No
Opt.
Call
1,131,323
1,635
5.000%,
7/01/29,
(AMT)
No
Opt.
Call
1,690,790
1,470
5.000%,
7/01/30,
(AMT)
No
Opt.
Call
1,527,306
4,100
Utah
County,
Utah,
Hospital
Revenue
Bonds,
IHC
Health
Services
Inc.,
Series
2018B-2,
5.000%,
5/15/57,
(Mandatory
Put
8/01/24)
2/24
at
100.00
4,110,902
5,070
Utah
County,
Utah,
Hospital
Revenue
Bonds,
IHC
Health
Services
Inc.,
Series
2020B-2,
5.000%,
5/15/60,
(Mandatory
Put
8/01/26)
2/26
at
102.03
5,188,761
700
Utah
Telecommunication
Open
Infrastructure
Agency,
Utah,
Revenue
Bonds,
Refunding
Sales
Tax
and
Telecommunication
Series
2022,
5.000%,
6/01/26
No
Opt.
Call
716,934
Total
Utah
22,144,441
Vermont
-
0.0%
1,155
Vermont
Housing
Finance
Agency,
Multiple
Purpose
Bonds,
Series
2021A,
2.200%,
11/01/36
11/30
at
100.00
883,763
Total
Vermont
883,763
Virginia
-
2.1%
3,225
Charles
City
County
Industrial
Development
Authority,
Virginia,
Solid
Waste
Disposal
Facility
Revenue
Bonds,
Waste
Management,
Inc.,
Series
2002,
1.450%,
4/01/27,
(AMT)
No
Opt.
Call
2,878,324
15,485
Chesapeake
Bay
Bridge
and
Tunnel
District,
Virginia,
General
Resolution
Revenue
Bonds,
First
Tier
Bond
Anticipation
Notes
Series
2019,
5.000%,
11/01/23
No
Opt.
Call
15,490,911
2,160
Fairfax
County
Economic
Development
Authority,
Virginia,
Revenue
Bonds,
Wiehle
Avenue
Metrorail
Station
Parking
Project,
Refunding
Series
2020.
Forward
Delivery,
5.000%,
8/01/24
No
Opt.
Call
2,180,802
8,775
Federal
Home
Loan
Mortgage
Corporation,
Multifamily
Variable
Rate
Certificates
Relating
to
Municpal
Securities
Class
A
Series
2019M-057,
2.400%,
10/15/29
No
Opt.
Call
7,683,111
5,015
Halifax
County
Industrial
Development
Authority,
Virginia,
Recovery
Zone
Facility
Revenue
Bonds,
Virginia
Electric
&
Power
Company
Project,
Series
2010A,
1.650%,
12/01/41,
(Mandatory
Put
5/31/24)
No
Opt.
Call
4,893,595
7,555
Loudoun
County,
Virginia,
General
Obligation
Bonds,
Public
Improvement
Series
2021A,
5.000%,
12/01/25
No
Opt.
Call
7,760,865
5,350
Loudoun
County,
Virginia,
General
Obligation
Bonds,
Public
Improvement
Series
2023A,
5.000%,
12/01/35
12/32
at
100.00
5,932,937
22,000
Virginia
Small
Business
Financing
Authority,
Environmental
Facilities
Revenue
Bonds
(Pure
Salmon
Virginia
LLC
Project),
Series
2022,
3.500%,
11/01/52,
(AMT),
(Mandatory
Put
11/01/23)
10/23
at
100.00
21,981,566
3,765
Virginia
Transportation
Board,
Transportation
Contract
Revenue
Bonds,
Route
28
Project,
Refunding
Series
2002,
0.000%,
4/01/24
-
NPFG
Insured
No
Opt.
Call
3,690,307
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Virginia
-
2.1%
(continued)
$
3,000
Virginia
Transportation
Board,
Transportation
Revenue
Bonds,
Capital
Projects,
Refunding
Series
2017A,
5.000%,
5/15/24
No
Opt.
Call
$
3,019,932
25,095
Wise
County
Industrial
Development
Authority,
Virginia,
Solid
Waste
and
Sewage
Disposal
Revenue
Bonds,
Virginia
Electric
and
Power
Company,
Series
2009A,
0.750%,
10/01/40,
(Mandatory
Put
9/02/25)
No
Opt.
Call
22,932,258
18,555
Wise
County
Industrial
Development
Authority,
Virginia,
Solid
Waste
and
Sewage
Disposal
Revenue
Bonds,
Virginia
Electric
and
Power
Company,
Series
2010A,
1.200%,
11/01/40,
(Mandatory
Put
5/31/24)
No
Opt.
Call
18,064,046
Total
Virginia
116,508,654
Washington
-
2.6%
5,270
Energy
Northwest,
Washington,
Electric
Revenue
Bonds,
Nuclear
Project
1,
Refunding
Series
2015C,
5.000%,
7/01/25
No
Opt.
Call
5,378,906
10,605
Energy
Northwest,
Washington,
Electric
Revenue
Bonds,
Nuclear
Project
1,
Refunding
Series
2017A,
5.000%,
7/01/27
No
Opt.
Call
11,138,761
King
County
Public
Hospital
District
1,
Washington,
Limited
Tax
General
Obligation
Bonds,
Valley
Medical
Center,
Refunding
Series
2016
:
6,485
5.000%,
12/01/23
No
Opt.
Call
6,493,533
7,295
5.000%,
12/01/24
No
Opt.
Call
7,379,451
1,000
King
County
School
District
403
Renton,
Washington,
General
Obligation
Bonds,
Series
2023,
5.000%,
12/01/24
No
Opt.
Call
1,014,077
13,045
King
County,
Washington,
Sewer
Revenue
Bonds,
Refunding
Junior
Lien
Series
2020A,
0.625%,
1/01/32,
(Mandatory
Put
1/01/24)
10/23
at
100.00
12,907,510
7,800
King
County,
Washington,
Sewer
Revenue
Bonds,
Refunding
Series
2014B,
4.000%,
7/01/34
7/24
at
100.00
7,413,394
2,375
Seattle,
Washington,
General
Obligation
Bonds,
Refunding
&
Improvement
Limited
Tax
Series
2022A,
4.000%,
9/01/25
No
Opt.
Call
2,387,574
Seattle,
Washington,
Municipal
Light
and
Power
Revenue
Bonds,
Refunding
&
Improvement
Series
2022
:
18,495
5.000%,
7/01/24
No
Opt.
Call
18,655,964
14,635
5.000%,
7/01/25
No
Opt.
Call
14,952,350
1,080
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-1,
5.000%,
8/01/49,
(Mandatory
Put
8/01/24)
2/24
at
100.00
1,081,144
3,400
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-2,
5.000%,
8/01/49,
(Mandatory
Put
8/01/25)
2/25
at
100.00
3,415,248
7,000
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-3,
5.000%,
8/01/49,
(Mandatory
Put
8/01/26)
2/26
at
100.00
7,092,111
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
Fred
Hutchinson
Cancer
Research
Center,
Series
2015
:
1,955
(c)
5.000%,
1/01/24,
(ETM)
No
Opt.
Call
1,959,773
1,310
(c)
5.000%,
1/01/25,
(ETM)
No
Opt.
Call
1,328,871
5,895
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
MultiCare
Health
System,
Series
2015B,
5.000%,
8/15/27
8/25
at
100.00
5,962,456
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Washington
-
2.6%
(continued)
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
Providence
Saint
Joseph
Health,
Series
2018B
:
$
1,625
5.000%,
10/01/25
No
Opt.
Call
$
1,645,197
2,890
5.000%,
10/01/26
No
Opt.
Call
2,943,528
3,055
5.000%,
10/01/27
No
Opt.
Call
3,137,168
2,360
5.000%,
10/01/28
No
Opt.
Call
2,443,802
2,750
Washington
State
Housing
Finance
Commission,
Non-Profit
Housing
Revenue
Bonds,
Eliseo
Project,
Refunding
Ser
2021B-2.
TEMPS-60.
TAX-
EXEMPT
MANDATORY
PAYDOWN
SECURITIES-60,
2.125%,
7/01/27,
144A
10/23
at
100.00
2,456,860
3,755
Washington
State
Housing
Finance
Commission,
Single
Family
Program
Bonds,
Series
2021-1N,
2.000%,
12/01/36
6/30
at
100.00
2,730,998
1,500
Washington
State
Housing
Finance
Commission,
Single
Family
Program
Bonds,
Series
2021-2N,
2.250%,
12/01/36
6/31
at
100.00
1,133,314
3,747
Washington
State
Housing
Finance
Commission,
Social
Municipal
Certificates
Multifamily
Revenue
Bonds,
Series
2021-1
Class
A,
3.500%,
12/20/35
2021
0
No
Opt.
Call
3,240,795
6,295
Washington
State,
Federal
Highway
Grant
Anticipation
Revenue
Bonds,
Garvee
-
SR
520
Corridor
Program,
Refunding
Bonds,
Series
R-2022E,
5.000%,
9/01/24
No
Opt.
Call
6,354,131
8,430
Washington
State,
General
Obligation
Bonds,
Refunding
Motor
Vehicle
Fuel
Tax,
Series
R-2020D,
5.000%,
7/01/26
No
Opt.
Call
8,728,419
Total
Washington
143,375,335
West
Virginia
-
0.9%
6,385
West
Virginia
Economic
Development
Authority,
Solid
Waste
Disposal
Facilities
Revenue
Bonds,
Appalachian
Power
Company
-
Amos
Project,
Refunidng
Series
2015A,
2.550%,
3/01/40,
(Mandatory
Put
4/01/24)
No
Opt.
Call
6,301,787
7,095
West
Virginia
Economic
Development
Authority,
Solid
Waste
Disposal
Facilities
Revenue
Bonds,
Appalachian
Power
Company
-
Amos
Project,
Series
2010,
0.625%,
12/01/38,
(Mandatory
Put
12/15/25)
No
Opt.
Call
6,420,072
7,875
West
Virginia
Economic
Development
Authority,
Solid
Waste
Disposal
Facilities
Revenue
Bonds,
Appalachian
Power
Company
-
Amos
Project,
Series
2011A,
1.000%,
1/01/41,
(AMT),
(Mandatory
Put
9/01/25)
No
Opt.
Call
7,275,288
10,000
West
Virginia
Economic
Development
Authority,
Solid
Waste
Disposal
Facilities
Revenue
Bonds,
Appalachian
Power
Company
-
Amos
Project,
Seriess
2009A,
3.750%,
12/01/42,
(Mandatory
Put
6/01/25)
No
Opt.
Call
9,843,504
14,315
West
Virginia
Economic
Development
Authority,
Solid
Waste
Disposal
Facilities
Revenue
Bonds,
Wheeling
Power
Company
-
Mitchell
Project,
Refunding
Series
2013A,
3.000%,
6/01/37,
(AMT),
(Mandatory
Put
6/18/27)
No
Opt.
Call
13,165,279
West
Virginia
Hospital
Finance
Authority,
Hospital
Revenue
Bonds,
Charleston
Area
Medical
Center,
Series
2014A
:
1,150
5.000%,
9/01/24
No
Opt.
Call
1,154,661
2,110
5.000%,
9/01/27
9/24
at
100.00
2,117,725
1,000
5.000%,
9/01/28
9/24
at
100.00
1,003,943
Total
West
Virginia
47,282,259
Wisconsin
-
2.4%
8,815
Dane
County,
Wisconsin,
General
Obligation
Bonds,
Airport
Project
Promissory
Note
Series
2022A,
4.000%,
6/01/24
No
Opt.
Call
8,826,988
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Wisconsin
-
2.4%
(continued)
Dodge
County,
Wisconsin,
General
Obligation
Bonds,
Refunding
Series
2022A
:
$
1,385
3.000%,
3/01/25
No
Opt.
Call
$
1,360,808
1,385
3.000%,
3/01/26
No
Opt.
Call
1,338,882
2,250
Green
Bay
Area
Public
School
District,
Brown
County,
Wisconsin,
General
Obligation
Bonds,
Promissory
Notes
Series
2022,
5.000%,
4/01/24
No
Opt.
Call
2,262,065
2,460
Madison
Metropolitan
School
District,
Dane
County,
Wisconsin,
General
Obligation
Bonds,
School
Building
&
Facility
Improvement
Series
2023,
4.000%,
3/01/36
3/30
at
100.00
2,402,895
6,435
Madison,
Wisconsin,
General
Obligation
Bonds,
Promissory
Notes
Series
2023A,
5.000%,
10/01/26
,
(WI/DD)
No
Opt.
Call
6,677,164
9,750
Madison,
Wisconsin,
Industrial
Development
Revenue
Refunding
Bonds,
Madison
Gas
and
Electric
Company
Projects,
Series
2020A,
3.750%,
10/01/27
No
Opt.
Call
9,523,435
Middleton-Cross
Plains
Area
School
District,
Dane
County,
Wisconsin,
General
Obligation
Bonds,
Refunding
Series
2021A
:
4,275
2.000%,
3/01/24
No
Opt.
Call
4,224,494
4,365
2.000%,
3/01/25
No
Opt.
Call
4,197,580
3,665
Milwaukee
Area
Technical
College
District,
Wisconsin,
General
Obligation
Promissory
Notes,
Series
2023-24C,
5.000%,
6/01/26
No
Opt.
Call
3,777,002
12,515
Milwaukee,
Wisconsin,
General
Obligation
Bonds,
Promissory
Note
Series
2021-N3,
5.000%,
4/01/24
No
Opt.
Call
12,541,335
10,000
Public
Finance
Authority
of
Wisconsin,
Pollution
Control
Revenue
Bonds,
Duke
Energy
Progress
Project,
Refunding
Series
2022A-2,
3.300%,
10/01/46,
(Mandatory
Put
10/01/26)
No
Opt.
Call
9,767,422
4,200
Public
Finance
Authority
of
Wisconsin,
Retirement
Facilities
First
Mortgage
Revenue
Bonds,
Whitestone
Masonic
and
Eastern
Star
Home
of
Norht
Carolina,
Series
2020B-2,
3.000%,
3/01/26,
144A
10/23
at
100.00
4,092,043
5,000
Public
Finance
Authority
of
Wisconsin,
Revenue
Bonds,
SearStone
Retirement
Community,
Series
2021B-2,
2.250%,
6/01/27
No
Opt.
Call
4,595,376
12,305
Public
Finance
Authority
of
Wisconsin,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Refunding
Series
2016A-3,
1.100%,
7/01/29,
(Mandatory
Put
6/01/26)
No
Opt.
Call
11,214,551
4,000
Public
Finance
Authority
of
Wisconsin,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Refunding
Series
2016A-4,
1.100%,
4/01/33,
(Mandatory
Put
6/01/26)
No
Opt.
Call
3,645,526
1,000
Public
Finance
Authority,
Wisconsin,
Exempt
Facilities
Revenue
Bonds,
Celanese
Project,
Refunding
Series
2016A,
5.000%,
1/01/24
No
Opt.
Call
1,000,898
Public
Finance
Authority,
Wisconsin,
Exempt
Facilities
Revenue
Bonds,
Celanese
Project,
Refunding
Series
2016C
:
2,250
4.050%,
11/01/30
5/26
at
100.00
2,140,582
5,000
4.300%,
11/01/30
5/26
at
100.00
4,830,921
3,425
Waushara
County,
Wisconsin
Note
Anticipation
Notes,
Series
2022A,
4.500%,
6/01/27
6/25
at
100.00
3,454,736
4,015
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Advocate
Aurora
Health
Credit
Group,
Series
2018C-1,
5.000%,
8/15/54,
(Mandatory
Put
7/29/26)
No
Opt.
Call
4,104,509
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Wisconsin
-
2.4%
(continued)
$
8,060
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Marshfield
Clinic
Health
System,
Inc.,
Series
2020B-1,
5.000%,
2/15/52,
(Mandatory
Put
2/15/25)
8/24
at
100.00
$
8,079,595
3,395
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
ProHealth
Care,
Inc.
Obligated
Group,
Refunding
Series
2015,
3.375%,
8/15/29
8/24
at
100.00
3,164,183
115
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Saint
Camillus
Health
System
Inc,
TEMPS
70
Series
2019B-2,
2.550%,
11/01/27
10/23
at
100.00
106,403
6,250
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Saint
Camillus
Health
System
Inc,
TEMPS
85
Series
2019B-1,
2.825%,
11/01/28
10/23
at
100.00
5,447,056
Wisconsin
Housing
and
Ecconomic
Development
Authority,
Home
Ownership
Revenue
Bonds,
Series
2019C
:
1,770
2.200%,
3/01/31
9/28
at
100.00
1,483,043
1,785
2.200%,
9/01/31
9/28
at
100.00
1,479,414
4,950
2.500%,
9/01/34
9/28
at
100.00
3,979,666
4,350
Wisconsin
Housing
and
Economic
Development
Authority,
Housing
Revenue
Bonds,
Series
2023B,
3.750%,
5/01/54,
(Mandatory
Put
11/01/26)
5/25
at
100.00
4,211,382
WPPI
Energy,
Wisconsin,
Power
Supply
System
Revenue
Bonds,
Series
2014A
:
755
5.000%,
7/01/25
7/24
at
100.00
759,159
1,170
5.000%,
7/01/27
7/24
at
100.00
1,177,354
Total
Wisconsin
135,866,467
Wyoming
-
0.5%
20,555
Sweetwater
County,
Wyoming,
Pollution
Control
Revenue
Refunding
Bonds,
Idaho
Power
Company
Project,
Series
2006,
1.700%,
7/15/26
No
Opt.
Call
18,659,615
2,510
Wyoming
Community
Development
Authority,
Housing
Revenue
Bonds,
2019
Series
3,
2.450%,
12/01/34
12/28
at
100.00
2,027,368
1,240
Wyoming
Community
Development
Authority,
Housing
Revenue
Bonds,
2020
Series
1,
2.625%,
12/01/35
6/29
at
100.00
1,025,779
2,500
Wyoming
Community
Development
Authority,
Housing
Revenue
Bonds,
2020
Series
2,
2.100%,
12/01/35
6/30
at
100.00
1,877,158
5,300
Wyoming
Community
Development
Authority,
Housing
Revenue
Bonds,
2021
Series
3,
2.000%,
12/01/36
12/30
at
100.00
3,897,470
Total
Wyoming
27,487,390
Total
Municipal
Bonds
(cost
$5,693,267,884)
5,365,321,263
Nuveen
Limited
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Shares
Description
(a)
Value
X
–
COMMON
STOCKS
-
4
.0
%
X
224,369,766
Utilities
-
4.0%
2,813,414
(f),(g),(h)
Energy
Harbor
Corp
$
224,369,766
Total
Utilities
224,369,766
Total
Common
Stocks
(cost
$57,727,850)
224,369,766
Total
Long-Term
Investments
(cost
$5,750,995,734)
5,589,691,029
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
SHORT-TERM
INVESTMENTS
-
0.1%
–
MUNICIPAL
BONDS
-
0
.1
%
X
5,900,000
National
-
0.1%
$
5,000
(i)
Invesco
Value
Municipal
Income
Trust
Variable
Rate
Munifund
Term
Preferred
Shares
Series
2015/6
IIM.
JP
MORGAN
CHASE
PUTTERS
/
DRIVERS
TR
VAR
STS
CTFS
5028.
Ticker
Symbol
-
VGM,
5.300%,
3/20/24,
(AMT),
(Mandatory
Put
9/29/2023),
144A
No
Opt.
Call
$
5,000,000
Total
National
5,000,000
Ohio
-
0.0%
900
(i)
Ohio
State
University,
General
Receipts
Bonds,
Multiyear
Debt
Issuance
Program
II,
Series
2023A-1,
4.050%,
6/01/43,
(Mandatory
Put
10/6/2023)
9/23
at
100.00
900,000
Total
Ohio
900,000
Total
Municipal
Bonds
(cost
$5,900,000)
5,900,000
Total
Short-Term
Investments
(cost
$5,900,000)
5,900,000
Total
Investments
(cost
$
5,756,895,734
)
-
100
.3
%
5,595,591,029
Borrowings
-
0.0%
(j)
(
456,403
)
Other
Assets
&
Liabilities,
Net
- (0.3)%
(
16,688,125
)
Net
Assets
-
100%
$
5,578,446,501
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(b)
Optional
Call
Provisions:
Dates
(month
and
year)
and
prices
of
the
earliest
optional
call
or
redemption.
There
may
be
other
call
provisions
at
varying
prices
at
later
dates.
Certain
mortgage-backed
securities
may
be
subject
to
periodic
principal
paydowns.
(c)
Backed
by
an
escrow
or
trust
containing
sufficient
U.S.
Government
or
U.S.
Government
agency
securities,
which
ensure
the
timely
payment
of
principal
and
interest.
(d)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(e)
Step-up
coupon
bond,
a
bond
with
a
coupon
that
increases
("steps
up"),
usually
at
regular
intervals,
while
the
bond
is
outstanding.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(f)
Defaulted
security.
A
security
whose
issuer
has
failed
to
fully
pay
principal
and/or
interest
when
due,
or
is
under
the
protection
of
bankruptcy.
(g)
Energy
Harbor
Corp
(ENGH)
common
stock
received
as
part
of
the
bankruptcy
settlements
during
February
2020,
for
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006B,
3.500%,
12/01/35,
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2008A,
2.700%,
4/01/35,
Ohio
Air
Quality
Development
Authority,
Ohio,
Air
Quality
Development
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Series
2009A,
5.700%,
8/01/20,
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Corporation
Project,
Refunding
Series
2009B,
3.100%,
3/01/23,
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
3.750%,
12/01/23,Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2006B,
0.000%,
1/01/34,Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2008B,
3.625%,
10/01/33,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2005B,
4.000%,
1/01/34,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2006A,
3.000%,
5/15/20,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2006B,
4.000%,
12/01/33,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2008B,
3.625%,
10/01/33,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2010A,
3.750%,
7/01/33,
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2010C,
4.000%,
6/01/33,
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
Shippingport
Project,
First
Energy
Guarantor,
Series
2005A,
3.750%,
12/01/40,
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
Shippingport
Project,
First
Energy
Guarantor,
Series
2006A,
2.550%,
11/01/41.
Various
funds
and
accounts
managed
by
Nuveen,
including
the
Fund,
collectively
are
a
substantial
minority
holder
of
ENGH’s
outstanding
shares
of
common
stock,
and
possess
certain
other
rights
with
respect
to
the
corporate
governance
of
ENGH.
Due
to
these
facts,
under
the
federal
securities
laws,
the
securities
of
ENGH
held
by
Nuveen
funds
and
accounts,
including
the
Fund,
cannot
be
sold
except
under
limited
conditions
(which
are
not currently
satisfied).
The
Fund
is
therefore
unable
to
sell
such
shares
in
ordinary
secondary
market
transactions
at
this
time.
On
March
6,
2023
Vistra
Corp.
(“Vistra”)
announced
that
it
has
executed
a
definitive
agreement
with
Energy
Harbor
Corp.,
pursuant
to
which
Energy
Harbor
will
merge
with
and
into
a
newly-formed
subsidiary
of
Vistra. The
companies
anticipate
closing
the
transaction
in
the
fourth
quarter
of
2023. In
connection
with
the
transaction,
Nuveen
funds
and
accounts
expect
to
receive
a
combination
of
cash
and
shares
in
a
newly
formed
entity.
Nuveen
expects
these
shares
to
be
issued
in
a
private
transaction
and
may
have
reduced
secondary
market
liquidity. The
transaction
is
subject
to
certain
regulatory
approvals
and
there
can
be
no
assurance
that
the
transaction
will
close.
(h)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(i)
Investment
has
a
maturity
of
greater
than
one
year,
but
has
variable
rate
and/or
demand
features
which
qualify
it
as
a
short-term
investment.
The
rate
disclosed,
as
well
as
the
reference
rate
and
spread,
where
applicable,
is
that
in
effect
as
of
the
end
of
the
reporting
period.
This
rate
changes
periodically
based
on
market
conditions
or
a
specified
market
index.
(j)
Borrowings
as
a
percentage
of
Total
Investments
is
0.0%.
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
AMT
Alternative
Minimum
Tax
ETM
Escrowed
to
maturity
PIK
Payment-in-kind
(“PIK”)
security. Depending
on
the
terms
of
the
security,
income
may
be
received
in
the
form
of
cash,
securities,
or
a
combination
of
both. The
PIK
rate
shown,
where
applicable,
represents
the
annualized
rate
of
the
last
PIK
payment
made
by
the
issuer
as
of
the
end
of
the
reporting
period.
SIFMA
Securities
Industry
and
Financial
Market
Association
SOFR
Secured
Overnight
Financing
Rate
WI/DD
When-issued
or
delayed
delivery
security.
See
Notes
to
Financial
Statements
Nuveen
Short
Term
Municipal
Bond
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
LONG-TERM
INVESTMENTS
-
99.7%
X
–
MUNICIPAL
BONDS
-
99
.4
%
X
532,311,283
Alabama
-
2.5%
$
4,170
Black
Belt
Energy
Gas
District,
Alabama,
Gas
PrePay
Revenue
Bonds,
Project
4
Series
2019A-1,
4.000%,
12/01/49,
(Mandatory
Put
12/01/25)
9/25
at
100.38
$
4,094,683
1,000
Black
Belt
Energy
Gas
District,
Alabama,
Gas
Project
Revenue
Bonds,
Prepay
Morgan
Stanley
Series
2022C-1,
5.250%,
6/01/24
No
Opt.
Call
1,003,709
1,000
Black
Belt
Energy
Gas
District,
Alabama,
Gas
Supply
Revenue
Bonds,
Series
2023
Sub
B-1,
5.000%,
6/01/27
No
Opt.
Call
1,015,924
2,850
Lower
Alabama
Gas
District,
Alabama,
Goldman
Sachs
Gas
Project
2
Revenue
Bonds,
Series
2020A,
4.000%,
12/01/50,
(Mandatory
Put
12/01/25)
9/25
at
100.58
2,794,326
1,795
Mobile
Industrial
Development
Board,
Alabama,
Pollution
Control
Revenue
Refunding
Bonds,
Alabama
Power
Company
Barry
Plan,
Series
2007A,
1.000%,
6/01/34,
(Mandatory
Put
6/26/25)
No
Opt.
Call
1,692,851
1,270
Southeast
Energy
Authority,
Alabama,
Commodity
Supply
Revenue
Bonds,
Project
3,
Fixed
Rate
Series
2022A-1,
5.000%,
12/01/26
No
Opt.
Call
1,284,594
1,000
Southeast
Energy
Authority,
Alabama,
Commodity
Supply
Revenue
Bonds,
Project
4,
Series
2022B-1,
5.000%,
8/01/25
No
Opt.
Call
1,002,782
544
Tuscaloosa
County
Industrial
Development
Authority,
Alabama,
Gulf
Opportunity
Zone
Bonds,
Hunt
Refining
Project,
Refunding
Series
2019A,
4.500%,
5/01/32,
144A
2021
2021
5/29
at
100.00
497,310
Total
Alabama
13,386,179
Arizona
-
4.0%
650
Chandler
Industrial
Development
Authority,
Arizona,
Industrial
Development
Revenue
Bonds,
Intel
Corporation
Project,
Series
2007,
4.100%,
12/01/37,
(AMT),
(Mandatory
Put
6/15/28)
2/28
at
100.00
636,355
6,930
Chandler
Industrial
Development
Authority,
Arizona,
Industrial
Development
Revenue
Bonds,
Intel
Corporation
Project,
Series
2019,
5.000%,
6/01/49,
(AMT),
(Mandatory
Put
6/03/24)
6/24
at
100.00
6,936,655
2,385
Chandler
Industrial
Development
Authority,
Arizona,
Industrial
Development
Revenue
Bonds,
Intel
Corporation
Project,
Series
2022-2,
5.000%,
9/01/52,
(AMT),
(Mandatory
Put
9/01/27)
3/27
at
100.00
2,412,369
1,000
Coconino
County,
Arizona,
Pollution
Control
Revenue
Bonds,
Nevada
Power
Company
Project,
Refunding
Series
2017B,
3.750%,
3/01/39,
(Mandatory
Put
3/31/26)
No
Opt.
Call
984,588
7,000
Maricopa
County
Industrial
Development
Authority,
Arizona,
Revenue
Bonds,
Banner
Health,
Series
2019D,
5.000%,
1/01/46,
(Mandatory
Put
5/15/26)
No
Opt.
Call
7,153,676
1,500
Phoenix
Civic
Improvement
Corporation,
Arizona,
Airport
Revenue
Bonds,
Junior
Lien
Series
2019B,
5.000%,
7/01/24,
(AMT)
No
Opt.
Call
1,505,707
2,000
Yavapai
County
Industrial
Development
Authority,
Arizona,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Series
2003A-2,
2.200%,
3/01/28,
(AMT),
(Mandatory
Put
6/03/24)
No
Opt.
Call
1,970,321
Total
Arizona
21,599,671
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
-
2.5%
$
1,000
California
Community
Choice
Financing
Authority,
Clean
Energy
Project
Revenue
Bonds,
Green
Series
2023E-1,
5.000%,
9/01/27
No
Opt.
Call
$
1,019,129
3,030
California
Infrastructure
and
Economic
Development
Bank,
Revenue
Bonds,
Brightline
West
Passenger
Rail
Project,
Series
2020A,
3.650%,
1/01/50,
(AMT),
(Mandatory
Put
1/31/24)
10/23
at
100.00
3,011,587
1,550
California
Municipal
Finance
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.
Project,
Series
2022A,
4.125%,
10/01/41,
(AMT),
(Mandatory
Put
10/01/25)
7/25
at
100.00
1,539,608
2,000
City
of
Los
Angeles,
California,
Department
of
Airports
Revenue
Bonds,
Series
2017,
5.000%,
5/15/27,
(AMT)
5/26
at
100.00
2,033,381
1,160
San
Diego
County
Regional
Airport
Authority,
California,
Airport
Revenue
Bonds,
Refunding
Subordinate
Series
2020C,
5.000%,
7/01/25,
(AMT)
No
Opt.
Call
1,172,040
2,000
San
Diego
County
Regional
Airport
Authority,
California,
Airport
Revenue
Bonds,
Subordinate
Series
2021B,
5.000%,
7/01/26,
(AMT)
No
Opt.
Call
2,034,142
2,730
San
Francisco
Airports
Commission,
California,
Revenue
Bonds,
San
Francisco
International
Airport,
Refunding
Second
Series
2019H,
5.000%,
5/01/25,
(AMT)
No
Opt.
Call
2,765,663
Total
California
13,575,550
Colorado
-
6.3%
660
Broadway
Park
North
Metropolitan
District
2,
Denver,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Refunding
&
Improvement
Series
2020,
3.375%,
12/01/26,
144A
12/25
at
103.00
609,413
Colorado
Educational
and
Cultural
Facilities
Authority,
Revenue
Bonds,
Aspen
View
Academy
Project,
Series
2021
:
50
4.000%,
5/01/24
No
Opt.
Call
49,563
100
4.000%,
5/01/26
No
Opt.
Call
97,303
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
AdventHealth
Obligated
Group,
Series
2019B
:
620
(c)
5.000%,
11/15/49,
(Pre-refunded
11/19/26)
No
Opt.
Call
644,998
1,750
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Adventist
Health,
Sunbelt
Obligated
Group,
Series
2016C,
5.000%,
11/15/36,
(Mandatory
Put
11/15/26)
No
Opt.
Call
1,796,686
250
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-2,
5.000%,
8/01/25
No
Opt.
Call
251,913
2,325
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-1,
5.000%,
8/01/49,
(Mandatory
Put
8/01/25)
2/25
at
100.00
2,335,427
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2022A
:
1,000
5.000%,
11/01/23
No
Opt.
Call
1,000,342
1,000
5.000%,
11/01/24
No
Opt.
Call
1,007,036
13,810
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Intermountain
Healthcare,
Series
2022A,
5.000%,
5/15/62,
(Mandatory
Put
8/17/26)
2/26
at
101.30
14,166,646
750
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Sanford
Health,
Series
2019A,
5.000%,
11/01/24
No
Opt.
Call
756,064
Nuveen
Short
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Colorado
-
6.3%
(continued)
$
2,115
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Series
2022A,
5.000%,
11/15/26,
(AMT)
No
Opt.
Call
$
2,159,001
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Series
2022D
:
2,000
5.000%,
11/15/25,
(AMT)
No
Opt.
Call
2,024,349
3,500
5.250%,
11/15/26,
(AMT)
No
Opt.
Call
3,603,234
2,055
Denver
City
and
County,
Colorado,
Airport
System
Revenue
Bonds,
Subordinate
Lien
Series
2018A,
5.000%,
12/01/27,
(AMT)
No
Opt.
Call
2,105,924
Gold
Hill
Mesa
Metropolitan
District
2,
Colorado
Springs,
El
Paso
County,
Colorado,
Limited
Tax
General
Obligation
and
Special
Revenue
Bonds,
Refunding
&
Improvement
Series
2022A
:
215
5.000%,
12/01/24
-
BAM
Insured
No
Opt.
Call
216,274
290
5.000%,
12/01/26
-
BAM
Insured
No
Opt.
Call
296,155
100
North
Pine
Vistas
Metropolitan
District
3,
Castle
Pines,
Douglas
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Refunding
&
Improvement
Senior
Series
2021A,
5.000%,
12/01/23
-
AGM
Insured
No
Opt.
Call
100,107
Prairiestar
Metropolitan
District
2,
Larimer
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Refunding
&
Improvement
Series
2021A
:
100
5.000%,
12/01/23
-
BAM
Insured
No
Opt.
Call
100,123
100
5.000%,
12/01/25
-
BAM
Insured
No
Opt.
Call
102,078
260
Vauxmont
Metropolitan
District,
Arvada,
Colorado,
Limited
Tax
General
Obligation
and
Special
Revenue
Bonds,
Convertible
to
Unlimited
Tax
Refunding
Subordinate
Series
2019,
5.000%,
12/15/24
-
AGM
Insured
No
Opt.
Call
262,759
Total
Colorado
33,685,395
Connecticut
-
0.6%
365
Connecticut
State,
General
Obligation
Bonds,
Refunding
Series
2022D,
5.000%,
9/15/25
No
Opt.
Call
373,110
1,000
Connecticut
State,
General
Obligation
Bonds,
Series
2022C,
4.000%,
6/15/25
No
Opt.
Call
1,001,997
1,600
University
of
Connecticut,
General
Obligation
Bonds,
Series
2022A,
5.000%,
5/01/24
No
Opt.
Call
1,609,453
Total
Connecticut
2,984,560
District
of
Columbia
-
2.5%
6,005
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2017,
5.000%,
10/01/26,
(AMT)
No
Opt.
Call
6,122,981
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2022A
:
4,480
5.000%,
10/01/24,
(AMT)
No
Opt.
Call
4,506,829
1,700
5.000%,
10/01/25,
(AMT)
No
Opt.
Call
1,720,805
1,000
Metropolitan
Washington
D.C.
Airports
Authority,
Airport
System
Revenue
Bonds,
Refunding
Series
2023A,
5.000%,
10/01/25,
(AMT)
No
Opt.
Call
1,012,238
Total
District
of
Columbia
13,362,853
Florida
-
5.0%
1,300
Broward
County,
Florida,
Airport
System
Revenue
Bonds,
Series
2019A,
5.000%,
10/01/24,
(AMT)
No
Opt.
Call
1,305,901
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
-
5.0%
(continued)
$
4,000
Florida
Development
Finance
Corporation,
Florida,
Surface
Transportation
Facility
Revenue
Bonds,
Virgin
Trains
USA
Passenger
Rail
Project,
Series
2019A,
6.250%,
1/01/49,
(AMT),
(Mandatory
Put
1/01/24),
144A
10/23
at
101.00
$
3,987,139
4,000
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Florida
Passenger
Rail
Expansion
Project,
Series
2023A,
7.500%,
7/01/57,
(AMT),
(Mandatory
Put
8/15/24)
10/23
at
101.00
3,926,727
2,500
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Passenger
Rail
Expansion
Project,
Series
2022A,
7.250%,
7/01/57,
(AMT),
(Mandatory
Put
10/03/23),
144A
10/23
at
100.00
2,600,000
2,500
Florida
Development
Finance
Corporation,
Revenue
Bonds,
Brightline
Passenger
Rail
Expansion
Project,
Series
2023C,
8.000%,
7/01/57,
(AMT),
(Mandatory
Put
4/01/24),
144A
11/23
at
100.00
2,475,039
1,035
Greater
Orlando
Aviation
Authority,
Florida,
Airport
Facilities
Revenue
Bonds,
Series
2019A,
5.000%,
10/01/25,
(AMT)
No
Opt.
Call
1,048,850
2,600
Miami-Dade
County,
Florida,
Seaport
Revenue
Bonds,
Refunding
Series
2022A,
5.000%,
10/01/26,
(AMT)
No
Opt.
Call
2,650,351
2,465
Orange
County
Health
Facilities
Authority,
Florida,
Hospital
Revenue
Bonds,
Advent
Health
Obligated
Group,
Series
2021C,
5.000%,
11/15/52,
(Mandatory
Put
11/15/26)
No
Opt.
Call
2,530,760
School
Board
of
Duval
County,
Florida,
Certificates
of
Participation,
Series
2022A
:
2,500
5.000%,
7/01/24
No
Opt.
Call
2,515,896
3,000
5.000%,
7/01/25
-
AGM
Insured
No
Opt.
Call
3,054,370
Tampa,
Florida,
Hospital
Revenue
Bonds,
H.
Lee
Moffitt
Cancer
Center
Project,
Series
2020B
:
340
5.000%,
7/01/25
No
Opt.
Call
344,099
225
5.000%,
7/01/26
No
Opt.
Call
229,191
Total
Florida
26,668,323
Georgia
-
2.5%
580
Atlanta,
Georgia,
Airport
General
Revenue
Bonds,
Refunding
Series
2021C,
5.000%,
7/01/26,
(AMT)
No
Opt.
Call
590,051
1,345
Atlanta,
Georgia,
Airport
General
Revenue
Bonds,
Refunding
Series
2023G,
5.000%,
7/01/25,
(AMT)
,
(WI/DD)
No
Opt.
Call
1,363,023
3,555
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2019B,
4.000%,
8/01/49,
(Mandatory
Put
12/02/24)
9/24
at
100.43
3,532,574
2,000
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2021A,
4.000%,
7/01/52,
(Mandatory
Put
9/01/27)
6/27
at
100.65
1,947,874
1,100
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2021C,
4.000%,
12/01/25
No
Opt.
Call
1,077,792
700
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2022B,
5.000%,
6/01/25
No
Opt.
Call
700,309
1,295
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2022C,
4.000%,
11/01/24,
144A
No
Opt.
Call
1,277,789
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023A
:
1,000
5.000%,
6/01/26
No
Opt.
Call
999,931
Nuveen
Short
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Georgia
-
2.5%
(continued)
$
1,000
5.000%,
6/01/27
No
Opt.
Call
$
1,001,545
1,000
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023D,
5.000%,
12/01/26
No
Opt.
Call
1,001,580
Total
Georgia
13,492,468
Hawaii
-
0.2%
800
Hawaii
State,
Harbor
System
Revenue
Bonds,
Series
2020A,
5.000%,
7/01/25,
(AMT)
No
Opt.
Call
807,634
Total
Hawaii
807,634
Illinois
-
7.3%
425
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2019A,
0.000%,
12/01/25
No
Opt.
Call
382,748
1,475
Chicago
Transit
Authority,
Illinois,
Capital
Grant
Receipts
Revenue
Bonds,
Federal
Transit
Administration
Section
5307
Urbanized
Area
Formula
Funds,
Refunding
Series
2017,
5.000%,
6/01/24
No
Opt.
Call
1,478,770
1,000
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Refunding
Senior
Lien
Series
2022C,
5.000%,
1/01/25
No
Opt.
Call
1,007,013
Chicago,
Illinois,
Midway
Airport
Revenue
Bonds,
Refunding
Second
Lien
Series
2014A
:
2,000
5.000%,
1/01/26
1/24
at
100.00
1,997,941
1,040
5.000%,
1/01/27
1/24
at
100.00
1,037,987
1,000
Chicago,
Illinois,
Midway
Airport
Revenue
Bonds,
Refunding
Second
Lien
Series
2016A,
5.000%,
1/01/26
No
Opt.
Call
1,009,952
1,165
Cook
County
School
District
78
Rosemont,
Illinois,
General
Obligation
Bonds,
Series
2020,
5.000%,
12/01/26
-
AGM
Insured
No
Opt.
Call
1,199,800
800
Cook
County,
Illinois,
General
Obligation
Bonds,
Refunding
Series
2021A,
5.000%,
11/15/25
No
Opt.
Call
813,787
Illinois
Finance
Authority,
Health
Services
Facility
Lease
Revenue
Bonds,
Provident
Group
-
UIC
Surgery
Center,
LLC
-
University
of
Illinois
Health
Services
Facility
Project,
Series
2020
:
400
5.000%,
10/01/23
No
Opt.
Call
400,000
400
5.000%,
10/01/24
No
Opt.
Call
401,816
400
5.000%,
10/01/25
No
Opt.
Call
403,071
3,625
Illinois
Finance
Authority,
Revenue
Bonds,
OSF
Healthcare
System,
Series
2020B-1,
5.000%,
5/15/50,
(Mandatory
Put
11/15/24)
5/24
at
100.00
3,634,803
3,000
Illinois
Finance
Authority,
Revenue
Bonds,
OSF
Healthcare
System,
Series
2020B-2,
5.000%,
5/15/50,
(Mandatory
Put
11/15/26)
5/26
at
100.00
3,046,504
1,145
Illinois
Finance
Authority,
Revenue
Bonds,
University
of
Chicago
Medicine,
Series
2022B-1,
5.000%,
8/15/52,
(Mandatory
Put
8/15/25)
5/25
at
100.00
1,159,103
4,365
Illinois
State,
General
Obligation
Bonds,
May
Refunding
Series
2023D,
5.000%,
7/01/25
No
Opt.
Call
4,425,071
2,000
Illinois
State,
General
Obligation
Bonds,
May
Series
2020,
5.500%,
5/01/24
No
Opt.
Call
2,014,006
Illinois
State,
General
Obligation
Bonds,
November
Series
2017D
:
3,100
5.000%,
11/01/23
No
Opt.
Call
3,101,357
2,500
5.000%,
11/01/26
No
Opt.
Call
2,564,874
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
-
7.3%
(continued)
$
3,250
Illinois
State,
General
Obligation
Bonds,
Refunding
June
Series
2022B,
5.000%,
3/01/25
No
Opt.
Call
$
3,286,199
2,200
Illinois
State,
Sales
Tax
Revenue
Bonds,
Build
Illinois,
Refunding
Junior
Obligation
September
Series
2021C,
5.000%,
6/15/27
No
Opt.
Call
2,266,441
2,245
Peoria,
Illinois,
General
Obligation
Bonds,
Refunding
Series
2021C,
5.000%,
1/01/26
-
AGM
Insured
No
Opt.
Call
2,290,887
1,010
(c)
Will
County
Community
Unit
School
District
201-U
Crete-Monee,
Illinois,
General
Obligation
Bonds,
Capital
Appreciation
Series
2005,
0.000%,
11/01/25
-
NPFG
Insured,
(ETM)
No
Opt.
Call
927,688
Total
Illinois
38,849,818
Indiana
-
1.7%
1,500
Franklin,
Indiana,
Economic
Development
Revenue
Bonds,
Otterbein
Homes
Obligated
Group,
Series
2019B,
5.000%,
7/01/24
No
Opt.
Call
1,500,153
5,500
Indiana
Finance
Authority,
Environmental
Improvement
Revenue
Bonds,
Fulcrum
CenterPoint,
LLC
Project,
Series
2022,
4.500%,
12/15/46,
(AMT),
(Mandatory
Put
11/15/23)
10/23
at
100.00
5,491,262
700
Indiana
Finance
Authority,
Hospital
Revenue
Bonds,
Marion
General
Hospital
Project,
Series
2021A,
5.000%,
7/01/26
No
Opt.
Call
705,639
400
Mount
Vernon
of
Hancock
County
Multi-School
Building
Corporation,
Indiana,
First
Mortgage
Bonds,
Series
2022,
5.000%,
1/15/27
No
Opt.
Call
414,065
1,000
Mount
Vernon,
Indiana,
Environmental
Improvement
Revenue
Bonds,
Southern
Indiana
Gas
and
Electric
Company
Project,
Series
2015,
4.250%,
9/01/55,
(AMT),
(Mandatory
Put
9/01/28)
No
Opt.
Call
980,062
Total
Indiana
9,091,181
Iowa
-
1.4%
Iowa
Finance
Authority
Senior
Living
Facilities
Revenue
Bonds,
Sunrise
Retirement
Community
Project,
Refunding
Series
2021
:
335
4.000%,
9/01/24
No
Opt.
Call
327,575
115
4.000%,
9/01/25
No
Opt.
Call
109,727
7,000
Iowa
Finance
Authority,
Solid
Waste
Facility
Revenue
Bonds,
Gevo
NW
Iowa
RNG,
LLC
Renewable
Natural
Gas
Project,
Green
Series
2021,
1.500%,
1/01/42,
(Mandatory
Put
4/01/24)
10/23
at
100.00
6,859,475
Total
Iowa
7,296,777
Kansas
-
0.2%
1,055
Wyandotte
County-Kansas
City
Unified
Government,
Kansas,
Utility
System
Revenue
Bonds,
Improvement
Series
2016A,
5.000%,
9/01/26
9/25
at
100.00
1,074,493
Total
Kansas
1,074,493
Kentucky
-
1.3%
3,785
Public
Energy
Authority
of
Kentucky,
Gas
Supply
Revenue
Bonds,
Series
2018B,
4.000%,
1/01/49,
(Mandatory
Put
1/01/25)
10/24
at
100.24
3,750,044
3,500
Public
Energy
Authority
of
Kentucky,
Gas
Supply
Revenue
Bonds,
Series
2019C-1,
4.000%,
2/01/50,
(Mandatory
Put
2/01/28)
11/27
at
100.47
3,372,781
Total
Kentucky
7,122,825
Nuveen
Short
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Louisiana
-
3.2%
Louisiana
Local
Government
Environmental
Facilities
and
Community
Development
Authority,
Louisiana,
Insurance
Assessment
Revenue
Bonds,
Louisiana
Insurance
Guaranty
Association
Project,
Series
2022B
:
$
3,250
5.000%,
8/15/25
No
Opt.
Call
$
3,307,027
3,250
5.000%,
8/15/26
No
Opt.
Call
3,322,235
6,000
Louisiana
Publc
Facilities
Authority,
Lousiana,
Revenue
Bonds,
Ochsner
Clinic
Foundation
Project,
Series
2020B,
5.000%,
5/15/50,
(Mandatory
Put
5/15/25)
11/24
at
102.04
6,043,096
1,970
Saint
John
the
Baptist
Parish,
Louisiana,
Revenue
Bonds,
Marathon
Oil
Corporation
Project,
Refunding
Series
2017A-1,
4.050%,
6/01/37,
(Mandatory
Put
7/01/26)
No
Opt.
Call
1,935,782
2,500
Saint
John
the
Baptist
Parish,
Louisiana,
Revenue
Bonds,
Marathon
Oil
Corporation
Project,
Refunding
Series
2017B-1,
2.125%,
6/01/37,
(Mandatory
Put
7/01/24)
No
Opt.
Call
2,454,611
Total
Louisiana
17,062,751
Massachusetts
-
3.0%
Massachusetts
Bay
Transportation
Authority,
Sales
Tax
Revenue
Bonds,
Anticipation
Note
Subordinated
Sustainability,
Green
Series
2021
:
4,620
4.000%,
5/01/25
No
Opt.
Call
4,611,212
380
4.000%,
5/01/25
No
Opt.
Call
381,525
210
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Williams
College,
Series
2011N,
0.450%,
7/01/41,
(Mandatory
Put
7/01/25)
1/25
at
100.00
193,234
880
Massachusetts
Educational
Financing
Authority,
Education
Loan
Revenue
Bonds,
Issue
L,
Senior
Series
2020B,
5.000%,
7/01/25,
(AMT)
No
Opt.
Call
887,367
1,850
Massachusetts
Educational
Financing
Authority,
Education
Loan
Revenue
Bonds,
Issue
M
Senior
Series
2022B,
5.000%,
7/01/25,
(AMT)
No
Opt.
Call
1,865,488
1,950
Massachusetts
Educational
Financing
Authority,
Education
Loan
Revenue
Bonds,
Issue
M,
Senior
Series
2021B,
5.000%,
7/01/27,
(AMT)
No
Opt.
Call
1,979,023
1,075
Massachusetts
Educational
Financing
Authority,
Education
Loan
Revenue
Bonds,
Issue
M,
Taxable
Senior
Series
2021B,
5.000%,
7/01/25,
(AMT)
No
Opt.
Call
1,083,999
5,000
Massachusetts
Port
Authority,
Revenue
Bonds,
Series
2019A,
5.000%,
7/01/26,
(AMT)
No
Opt.
Call
5,080,178
Total
Massachusetts
16,082,026
Michigan
-
0.4%
1,105
Michigan
Finance
Authority,
State
Aid
Revenue
Notes,
Series
2023A-2,
5.000%,
8/20/24
No
Opt.
Call
1,115,599
1,000
Novi
Community
School
District,
Oakland
County,
Michigan,
General
Obligation
Bonds,
School
Building
&
Site
Series
2022-II,
4.000%,
5/01/25
No
Opt.
Call
1,000,975
Total
Michigan
2,116,574
Minnesota
-
6.2%
515
Alexandria
Independent
School
District
206,
Douglas
County,
Minnesota,
General
Obligation
Bonds,
Series
2021A,
3.000%,
2/01/26
No
Opt.
Call
496,131
145
Apple
Valley,
Minnesota
Senior
Housing
Revenue
Bonds,
PHS
Apple
Valley
Senior
Housing,
Inc.
Orchard
Path
Phase
II
Project,
Series
2021,
4.000%,
9/01/25
No
Opt.
Call
142,979
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Minnesota
-
6.2%
(continued)
$
690
Becker
Independent
School
District
726,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2022A,
0.000%,
2/01/26
No
Opt.
Call
$
622,579
1,000
Columbia
Heights,
Minnesota,
Multifamily
Revenue
Housing
Bonds,
42nd
&
Central
Apartments
Project,
Series
2022A,
2.700%,
7/01/25,
(Mandatory
Put
7/01/24)
1/24
at
100.00
985,745
785
Dakota
County
Community
Development
Agency,
Minnesota,
Multifamily
Housing
Revenue
Bonds,
Ree-Aster
House
Apartments,
Series
2020,
4.125%,
6/01/24
10/23
at
100.00
780,520
150
Duluth
Independent
School
District
709,
Minnesota,
Certificates
of
Participation,
Refunding
Series
2021B,
3.000%,
3/01/24
No
Opt.
Call
149,006
1,130
Forest
Lake,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Lakes
International
Language
Academy,
Series
2019A,
4.375%,
8/01/29
8/27
at
102.00
1,091,835
125
Luverne,
Minnesota,
Electric
Revenue
Bonds,
Series
2022A,
3.000%,
12/01/24
-
AGM
Insured
No
Opt.
Call
123,166
500
Minneapolis,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Yinghua
Academy
Project,
Series
2013A,
6.000%,
7/01/33
10/23
at
100.00
500,131
595
Minneapolis,
Minnesota,
Health
Care
System
Revenue
Bonds,
Allina
Health
System,
Series
2023A,
5.000%,
11/15/52,
(Mandatory
Put
11/15/28)
5/28
at
100.91
617,642
Minneapolis-Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Health
Care
System
Revenue
Bonds,
Allina
Health
System,
Refunding
Series
2017A
:
1,000
5.000%,
11/15/24
No
Opt.
Call
1,009,699
1,315
5.000%,
11/15/25
No
Opt.
Call
1,341,941
1,530
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Senior
Lien
Series
2016A,
5.000%,
1/01/26
No
Opt.
Call
1,572,529
1,000
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2014B,
5.000%,
1/01/25,
(AMT)
1/24
at
100.00
1,002,073
2,000
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2019B,
5.000%,
1/01/26,
(AMT)
No
Opt.
Call
2,019,905
1,035
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Subordinate
Lien
Series
2022B,
5.000%,
1/01/25,
(AMT)
No
Opt.
Call
1,043,382
435
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
John's
University,
Refunding
Series
2021,
4.000%,
10/01/24
No
Opt.
Call
433,249
185
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020A,
1.450%,
7/01/24,
(AMT)
No
Opt.
Call
180,825
7,000
Minnesota
Municipal
Gas
Agency,
Commodity
Supply
Revenue
Bonds,
Series
2022A,
4.000%,
12/01/52,
(Mandatory
Put
12/01/27)
9/27
at
100.37
6,806,888
325
Minnesota
Office
of
Higher
Education,
Supplemental
Student
Loan
Program
Revenue
Bonds,
2020
Senior
Series,
5.000%,
11/01/24,
(AMT)
No
Opt.
Call
326,267
400
Minnesota
Office
of
Higher
Education,
Supplemental
Student
Loan
Program
Revenue
Bonds,
Senior
Series
2018,
5.000%,
11/01/23,
(AMT)
No
Opt.
Call
400,121
Nuveen
Short
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Minnesota
-
6.2%
(continued)
$
685
Minnesota
Rural
Water
Finance
Authority,
Public
Projects
Construction
Notes,
Series
2022,
2.625%,
12/01/23
10/23
at
100.00
$
681,473
1,175
Minnesota
State,
General
Obligation
Bonds,
Various
Purpose
Series
2020A,
5.000%,
8/01/25
No
Opt.
Call
1,202,423
310
Montrose,
Minnesota,
General
Obligation
Bonds,
Series
2021A,
2.000%,
2/01/25
No
Opt.
Call
298,679
750
Moorhead,
Minnesota,
General
Obligation
Bonds,
Improvement
Series
2022A,
5.000%,
2/01/26
No
Opt.
Call
769,388
500
Mounds
View,
Minnesota,
Multifamily
Housing
Revenue
Bonds,
Sherman
Forbes
Project
Series
2023A,
4.050%,
11/01/26,
(Mandatory
Put
11/01/24)
5/24
at
100.00
496,135
Mountain
Lake,
Minnesota,
General
Obligation
Bonds,
Series
2021A
:
190
2.000%,
12/15/23
No
Opt.
Call
188,744
250
2.000%,
12/15/25
No
Opt.
Call
235,531
New
London
Economic
Development
Authority,
Minnesota,
Lease
Revenue
Bonds,
SWWC
Service
Cooperative
Lease
With
Option
to
Purchase
Project,
Public
Series
2023
:
405
5.000%,
2/01/25
No
Opt.
Call
405,215
425
5.000%,
2/01/26
No
Opt.
Call
429,059
720
North
Oaks,
Minnesota,
Senior
Housing
Revenue
Bonds,
Waverly
Gardens
Project,
Refunding
Series
2016,
4.000%,
10/01/23
No
Opt.
Call
720,000
500
Northern
Municipal
Power
Agency,
Minnesota,
Electric
System
Revenue
Bonds,
Series
2016,
5.000%,
1/01/26
No
Opt.
Call
511,947
1,895
Saint
Cloud,
Minnesota,
Health
Care
Revenue
Bonds,
CentraCare
Health
System,
Series
2016A,
5.000%,
5/01/27
5/26
at
100.00
1,929,324
265
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Nova
Classical
Academy,
Refunding
Series
2021A,
2.000%,
9/01/26
9/24
at
102.00
241,488
175
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Health
Care
Revenue
Bonds,
Fairview
Health
Services,
Series
2017A,
5.000%,
11/15/27
No
Opt.
Call
178,949
1,000
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Multifamily
Housing
Revenue
Bonds,
Dale
Street
Project,
Series
2023,
3.500%,
12/01/25,
(Mandatory
Put
6/01/24)
12/23
at
100.00
990,103
200
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Senior
Housing
and
Health
Care
Revenue
Bonds,
Episcopal
Church
Homes
Project,
Refunding
Senior
Series
2021A,
1.650%,
11/01/23,
144A
No
Opt.
Call
199,416
320
Sartell,
Minnesota,
Health
Care
and
Housing
Facilities
Revenue
Bonds,
Country
Manor
Campus
LLC
Project,
Series
2022A,
3.500%,
9/01/24
No
Opt.
Call
314,460
Shakopee
Independent
School
District
720,
Scott
County,
Minnesota,
Certificates
of
Participation,
Series
2021B
:
550
4.000%,
2/01/25
No
Opt.
Call
547,728
300
4.000%,
2/01/26
No
Opt.
Call
297,413
225
Southern
Minnesota
Municipal
Power
Agency,
Power
Supply
System
Revenue
Bonds,
Series
1994A,
0.000%,
1/01/26
-
NPFG
Insured
No
Opt.
Call
204,395
Wayzata,
Minnesota
Senior
Housing
Revenue
Bonds,
Folkestone
Senior
Living
Community,
Refunding
Series
2019
:
400
3.000%,
8/01/24
No
Opt.
Call
394,908
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Minnesota
-
6.2%
(continued)
$
400
3.000%,
8/01/25
8/24
at
102.00
$
388,682
Total
Minnesota
33,272,073
Mississippi
-
0.2%
1,000
Warren
County,
Mississippi,
Environmental
Improvement
Revenue
Bonds,
International
Paper
Company
Project,
Refunding
Series
2020B,
1.600%,
8/01/27,
(AMT),
(Mandatory
Put
6/16/25)
No
Opt.
Call
954,996
Total
Mississippi
954,996
Missouri
-
2.0%
85
Arnold
Retail
Corridor
Transportation
Development
District,
Missouri,
Sales
Tax
Revenue
Bonds,
Refunding
Series
2019,
3.000%,
11/01/28
11/23
at
100.00
84,923
1,000
Cass
County
Reorganized
School
District
R-II,
Missouri,
General
Obligation
Bonds,
Missouri
Direct
Deposit
Program,
School
Building
Series
2021,
5.000%,
3/01/24
No
Opt.
Call
1,004,256
230
Jennings,
Saint
Louis
County,
Missouri,
Certificates
of
Participation,
Series
2021,
4.000%,
3/01/25
No
Opt.
Call
228,150
130
Kansas
City,
Missouri,
Special
Obligation
Bonds,
Main
Streetcar
Extension
Project,
Series
2021D,
3.000%,
9/01/25
No
Opt.
Call
126,120
100
Missouri
Environmental
Improvement
and
Energy
Resources
Authority,
Revenue
Bonds,
Union
Electric
Company
Project,
Refunding
Series
1998A,
2.900%,
9/01/33
7/27
at
102.00
88,398
1,000
Missouri
Environmental
Improvement
and
Energy
Resources
Authority,
Revenue
Bonds,
Union
Electric
Company
Project,
Series
1998B,
2.900%,
9/01/33
7/27
at
102.00
883,982
Missouri
Health
and
Educational
Facilities
Authority,
Educational
Facilities
Revenue
Bonds,
Southeast
Missouri
State
University,
Refunding
Series
2019
:
200
5.000%,
10/01/23
No
Opt.
Call
200,000
505
5.000%,
10/01/24
No
Opt.
Call
508,709
475
Missouri
Health
and
Educational
Facilities
Authority,
Health
Facilities
Revenue
Bonds,
CoxHealth,
Series
2015A,
5.000%,
11/15/25
No
Opt.
Call
483,186
250
Missouri
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Lake
Regional
Health
System,
Series
2021,
5.000%,
2/15/26
No
Opt.
Call
251,639
260
Missouri
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Lutheran
Senior
Services
Projects,
Series
2016B,
5.000%,
2/01/25
No
Opt.
Call
259,916
500
Missouri
Joint
Municipal
Electric
Utility
Commission,
Power
Supply
System
Revenue
Bonds,
Gree
Bonds,
MoPEP
Facilities,
Series
2022,
5.000%,
12/01/26
No
Opt.
Call
518,698
230
Missouri
State
University,
Auxiliary
Enterprise
System
Revenue
Bonds,
Series
2019A,
5.000%,
10/01/23
No
Opt.
Call
230,000
Saint
Louis
County
Industrial
Development
Authority,
Missouri,
Health
Facilities
Revenue
Bonds,
Ranken-Jordan
Project,
Refunding
&
Improvement
Series
2016
:
725
5.000%,
11/15/24
No
Opt.
Call
715,561
630
5.000%,
11/15/26
11/25
at
100.00
616,858
Nuveen
Short
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Missouri
-
2.0%
(continued)
Saint
Louis,
Missouri,
Airport
Revenue
Bonds,
Lambert-St.
Louis
International
Airport,
Refunding
Series
2022
:
$
500
5.000%,
7/01/24,
(AMT)
No
Opt.
Call
$
501,902
1,120
5.000%,
7/01/25,
(AMT)
No
Opt.
Call
1,129,751
1,170
5.000%,
7/01/26,
(AMT)
No
Opt.
Call
1,185,740
1,710
Springfield,
Missouri,
Special
Obligation
Bonds,
Refunding
Series
2017B,
5.000%,
7/01/24,
(AMT)
No
Opt.
Call
1,717,752
Total
Missouri
10,735,541
Nebraska
-
1.2%
Douglas
County
Hospital
Authority
2,
Nebraska,
Health
Facilities
Revenue
Bonds,
Children's
Hospital
Obligated
Group,
Refunding
Series
2020A
:
115
5.000%,
11/15/23
No
Opt.
Call
115,111
225
5.000%,
11/15/24
No
Opt.
Call
227,035
175
5.000%,
11/15/25
No
Opt.
Call
177,803
3,635
Douglas
County
Hospital
Authority
2,
Nebraska,
Health
Facilities
Revenue
Bonds,
Children's
Hospital
Obligated
Group,
Series
2020B,
5.000%,
11/15/53,
(Mandatory
Put
11/15/25)
8/25
at
100.00
3,671,392
1,000
Douglas
County
Hospital
Authority
2,
Nebraska,
Health
Facilities
Revenue
Bonds,
Nebraska
Medicine,
Series
2016,
5.000%,
5/15/24
No
Opt.
Call
1,005,429
1,110
Sarpy
County
School
District
037
Gretna
Public
Schools,
Nebraska,
General
Obligation
Bonds,
Series
2022B,
5.000%,
12/15/27
12/25
at
100.00
1,134,433
Total
Nebraska
6,331,203
Nevada
-
0.2%
365
Las
Vegas,
Nevada,
Local
Improvement
Bonds,
Special
Improvement
District
816
Summerlin
Village
22,
Series
2021,
2.000%,
6/01/25
No
Opt.
Call
346,704
500
Nevada
Housing
Division,
Multi-Unit
Housing
Revenue
Bonds,
Wood
Creek
Apartments
Project,
Series
2022,
5.000%,
12/01/25,
(Mandatory
Put
12/01/24)
12/24
at
100.00
501,951
Total
Nevada
848,655
New
Jersey
-
3.6%
1,155
Cherry
Hill
Township
School
District,
Camden
County,
New
Jersey,
General
Obligation
Bonds,
Series
2022,
3.000%,
8/01/25
No
Opt.
Call
1,123,758
1,000
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Refunding
Series
2023RRR,
5.000%,
3/01/25
No
Opt.
Call
1,011,819
New
Jersey
Higher
Education
Student
Assistance
Authority,
Student
Loan
Revenue
Bonds,
Refunding
Senior
Series
2022A
:
500
5.000%,
12/01/24,
(AMT)
No
Opt.
Call
502,682
600
5.000%,
12/01/25,
(AMT)
No
Opt.
Call
605,160
1,275
New
Jersey
Higher
Education
Student
Assistance
Authority,
Student
Loan
Revenue
Bonds,
Refunding
Series
2023A,
5.000%,
12/01/26,
(AMT)
No
Opt.
Call
1,287,784
2,095
New
Jersey
State,
General
Obligation
Bonds,
Covid-19
Emergency
Series
2020A,
5.000%,
6/01/25
No
Opt.
Call
2,135,748
5,000
New
Jersey
State,
General
Obligation
Bonds,
Various
Purpose
Series
2021,
2.000%,
6/01/25
No
Opt.
Call
4,771,612
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
Jersey
-
3.6%
(continued)
$
5,000
New
Jersey
Transportation
Trust
Fund
Authority,
Federal
Highway
Reimbursement
Revenue
Notes,
Series
2018A,
5.000%,
6/15/24
No
Opt.
Call
$
5,026,850
2,500
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2021A,
5.000%,
6/15/26
No
Opt.
Call
2,563,326
500
Salem
County
Pollution
Control
Financing
Authority,
New
Jersey,
Pollution
Control
Revenue
Bonds,
Philadelphia
Electric
Company
Project
Series
1993A,
4.450%,
3/01/25,
(AMT)
No
Opt.
Call
496,881
Total
New
Jersey
19,525,620
New
Mexico
-
1.7%
5,440
Farmington,
New
Mexico,
Pollution
Control
Revenue
Bonds,
Public
Service
Company
of
New
Mexico
San
Juan
Project,
Refunding
Series
2010E,
1.150%,
6/01/40,
(Mandatory
Put
6/01/24)
No
Opt.
Call
5,295,002
3,510
New
Mexico
Hospital
Equipment
Loan
Council,
Hospital
Revenue
Bonds,
Presbyterian
Healthcare
Services,
Series
2019B,
5.000%,
8/01/49,
(Mandatory
Put
8/01/25)
5/25
at
100.87
3,556,530
Total
New
Mexico
8,851,532
New
York
-
3.5%
600
Monroe
County
Industrial
Development
Corporation,
New
York,
Revenue
Bonds,
Rochester
Regional
Health
Project,
Series
2020A,
5.000%,
12/01/24
No
Opt.
Call
602,409
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
2023
Series
1
:
1,285
5.000%,
8/01/25
No
Opt.
Call
1,313,391
1,875
5.000%,
8/01/26
No
Opt.
Call
1,940,192
3,000
New
York
State
Environmental
Facilities
Corporation,
State
Clean
Water
and
Drinking
Water
Revolving
Funds
Revenue
Bonds,
New
York
City
Municipal
Water
Finance
Authority
Projects-Second
Resolution
Bonds,
Subordinated
SRF
Series
2022A,
5.000%,
6/15/25
No
Opt.
Call
3,068,769
2,895
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
Two
Hundred
Forty
Second
Series
2023,
5.000%,
12/01/26,
(AMT)
No
Opt.
Call
2,953,870
1,230
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
Two
Hundred
Twenty-Six
Series
2021,
5.000%,
10/15/25,
(AMT)
No
Opt.
Call
1,245,899
7,500
Triborough
Bridge
and
Tunnel
Authority,
New
York,
Payroll
Mobility
Tax
Bonds,
MTA
Bridges
and
Tunnels,
Refunding
Senior
Lien
Green
Climate
Bond
Certified
Series
2023A,
5.000%,
11/15/24
No
Opt.
Call
7,602,242
Total
New
York
18,726,772
North
Carolina
-
3.6%
1,745
North
Carolina
Central
University,
General
Revenue
Bonds,
Refunding
Series
2016,
5.000%,
10/01/23
No
Opt.
Call
1,745,000
14,075
North
Carolina
Medical
Care
Commission,
Hospital
Revenue
Bonds,
CaroMont
Health
A/K/A
Gaston
Health,
Series
2021A,
5.000%,
2/01/51,
(Mandatory
Put
2/01/26)
2/26
at
100.00
14,338,214
North
Carolina
Turnpike
Authority,
Triangle
Expressway
System
Revenue
Bonds,
Refunding
Senior
Lien
Series
2017
:
1,350
5.000%,
1/01/26
-
AGM
Insured
No
Opt.
Call
1,375,560
1,700
5.000%,
1/01/27
-
AGM
Insured
No
Opt.
Call
1,751,518
Total
North
Carolina
19,210,292
Nuveen
Short
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
North
Dakota
-
0.8%
$
895
Cass
County
Joint
Water
Reserve
District,
North
Dakota,
Temporary
Improvement Special
Assessment
Bonds,
Refunding
Series
2021A,
0.480%,
5/01/24
10/23
at
100.00
$
865,727
2,305
City
of
Horace,
North
Dakota,
Temporary
Refunding
Improvement
Bonds,
Series
2022A,
3.250%,
8/01/24
10/23
at
100.00
2,262,734
Grand
Forks,
North
Dakota,
Health
Care
System
Revenue
Bonds,
Altru
Health
System
Obligated
Group,
Series
2021
:
275
5.000%,
12/01/23
No
Opt.
Call
274,699
215
5.000%,
12/01/25
No
Opt.
Call
213,372
750
West
Fargo,
North
Dakota,
General
Obligation
Bonds,
Refunding
Improvement
Series
2020A,
2.000%,
5/01/24
No
Opt.
Call
736,479
Total
North
Dakota
4,353,011
Ohio
-
1.6%
Akron,
Bath
and
Copley
Joint
Township
Hospital
District,
Ohio,
Hospital
Revenue
Bonds,
Children's
Hospital
Medical
Center,
Refunding
Series
2022A
:
1,240
5.000%,
11/15/24
No
Opt.
Call
1,252,027
1,440
5.000%,
11/15/25
No
Opt.
Call
1,468,035
1,000
City
of
Cleveland,
Ohio,
Airport
System
Revenue
Bonds,
Series
2018,
5.000%,
1/01/27,
(AMT)
No
Opt.
Call
1,016,595
Cleveland-Cuyahoga
County
Port
Authroity,
Ohio,
Cultural
Facility
Revenue
Bonds,
The
Cleveland
Museum
of
Natural
History
Project,
Series
2021
:
150
5.000%,
7/01/25
No
Opt.
Call
152,313
250
5.000%,
7/01/26
No
Opt.
Call
256,285
2,425
Kent
State
University,
Ohio,
General
Receipts
Bonds,
Series
2016,
5.000%,
5/01/26
No
Opt.
Call
2,487,401
685
(d)
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
3.750%,
12/01/23
No
Opt.
Call
69
1,710
Ohio
Air
Quality
Development
Authority,
Ohio,
Revenue
Bonds,
American
Electric
Power
Company
Project,
Refunding
Series
2005A,
2.100%,
1/01/29,
(AMT),
(Mandatory
Put
10/01/24)
No
Opt.
Call
1,651,963
360
Ohio
State,
Hospital
Revenue
Bonds,
University
Hospitals
Health
System,
Inc.,
Variable
Rate
Series
2020B,
5.000%,
1/15/50,
(Mandatory
Put
1/15/25)
1/25
at
100.00
363,109
Total
Ohio
8,647,797
Oklahoma
-
1.6%
3,530
Canadian
County
Independent
School
District
69,
Mustang,
Oklahoma,
General
Obligation
Bond,
Combined
Purpose
Series
2023,
4.000%,
6/01/25
No
Opt.
Call
3,531,661
5,000
Cleveland
County
Educational
Facilities
Authority,
Oklahoma,
Educational
Facilities
Lease
Revenue
Bonds,
Norman
Public
Schools
Project,
Series
2019.,
5.000%,
6/01/24
No
Opt.
Call
5,030,295
Total
Oklahoma
8,561,956
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Oregon
-
2.0%
$
2,100
Oregon
Department
of
Administrative
Services,
State
Lottery
Revenue
Bonds,
Refunding
Series
2014C,
5.000%,
4/01/24
No
Opt.
Call
$
2,111,056
450
Oregon
Facilities
Authority,
Revenue
Bonds,
Samaritan
Health
Services
Project,
Refunding
Series
2020A,
5.000%,
10/01/24
No
Opt.
Call
452,608
300
Oregon
Facilities
Authority,
Revenue
Bonds,
Samaritan
Health
Services,
Refunding
Series
2016A,
5.000%,
10/01/25
No
Opt.
Call
301,736
1,000
Salem-Keizer
School
District
24J,
Marion
and
Polk
Counties,
Oregon,
General
Obligation
Bonds,
Series
2009B,
0.000%,
6/15/27
No
Opt.
Call
861,933
6,730
Washington
Multnomah
&
Yamhill
Counties
School
District
1J
Hillsboro,
Oregon,
General
Obligation
Bonds,
Series
2017,
5.000%,
6/15/26
No
Opt.
Call
6,956,771
Total
Oregon
10,684,104
Pennsylvania
-
0.9%
1,600
Allegheny
County
Airport
Authority,
Pennsylvania,
Airport
Revenue
Bonds,
Pittsburgh
International
Airport,
Series
2021A,
5.000%,
1/01/26,
(AMT)
No
Opt.
Call
1,615,924
305
Pennsylvania
Economic
Development
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Waste
Management
Inc.,
Project,
Series
2011,
2.150%,
7/01/41,
(AMT),
(Mandatory
Put
7/01/24)
No
Opt.
Call
299,844
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Series
2022B
:
425
5.000%,
12/01/24
No
Opt.
Call
430,016
525
5.000%,
12/01/25
No
Opt.
Call
538,646
2,000
Philadelphia,
Pennsylvania,
Airport
Revenue
Bonds,
Refunding
Series
2017B,
5.000%,
7/01/25,
(AMT)
No
Opt.
Call
2,017,412
Total
Pennsylvania
4,901,842
Puerto
Rico
-
1.5%
1,605
(c)
Puerto
Rico
Industrial,
Tourist,
Educational,
Medical
and
Environmental
Control
Facilities
Financing
Authority,
Hospital
Revenue
Bonds,
Hospital
de
la
Concepcion,
Series
2017A,
3.550%,
11/15/30,
(Pre-refunded
11/15/26)
11/26
at
100.00
1,573,534
6,514
Puerto
Rico,
General
Obligation
Bonds,
Restructured
Series
2022A-1,
5.375%,
7/01/25
No
Opt.
Call
6,584,141
Total
Puerto
Rico
8,157,675
South
Carolina
-
1.9%
10,450
Patriots
Energy
Group
Financing
Agency,
South
Carolina,
Gas
Supply
Revenue
Bonds,
Series
2018A,
4.000%,
10/01/48,
(Mandatory
Put
2/01/24)
11/23
at
100.30
10,419,442
Total
South
Carolina
10,419,442
South
Dakota
-
0.1%
700
Minnehaha
County,
South
Dakota,
Certificates
of
Participation,
Limited
Tax
Series
2023A,
5.000%,
12/01/24
No
Opt.
Call
708,501
Total
South
Dakota
708,501
Tennessee
-
2.7%
100
Chattanooga
Health,
Educational
and
Housing
Facility
Board,
Tennessee,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-1,
5.000%,
8/01/28
No
Opt.
Call
103,310
Nuveen
Short
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Tennessee
-
2.7%
(continued)
$
1,000
Metropolitan
Government
of
Nashville
and
Davidson
County
Sports
Authority,
Tennessee,
Revenue
Bonds,
Stadium
Project,
Subordinate
Senior
Series
2023A,
5.000%,
7/01/28
-
AGM
Insured
No
Opt.
Call
$
1,050,347
255
Metropolitan
Nashville
Airport
Authority,
Tennessee,
Airport
Improvement
Revenue
Bonds,
Series
2022B,
5.000%,
7/01/26,
(AMT)
No
Opt.
Call
258,430
885
Metropolitan
Nashville
Airport
Authority,
Tennessee,
Airport
Revenue
Bonds,
Improvement
Series
2015B,
5.000%,
7/01/26,
(AMT)
7/25
at
100.00
889,908
3,000
Tennergy
Corporation,
Tennessee,
Gas
Revenue
Bonds,
Series
2019A,
5.000%,
2/01/50,
(Mandatory
Put
10/01/24)
7/24
at
100.58
3,008,007
9,000
Tennessee
State,
General
Obligation
Bonds,
Series
2023A,
5.000%,
5/01/25
No
Opt.
Call
9,178,285
Total
Tennessee
14,488,287
Texas
-
10.1%
Austin,
Texas,
Airport
System
Revenue
Bonds,
Series
2019B
:
1,000
5.000%,
11/15/25,
(AMT)
No
Opt.
Call
1,009,155
1,250
5.000%,
11/15/27,
(AMT)
No
Opt.
Call
1,280,573
Bexar
County
Hospital
District,
Texas,
Certificates
of
Obligation,
Series
2023
:
600
5.000%,
2/15/25
No
Opt.
Call
608,278
625
5.000%,
2/15/26
No
Opt.
Call
641,489
400
5.000%,
2/15/27
No
Opt.
Call
415,569
Brazos
Higher
Education
Authority
Inc.,
Texas,
Student
Loan
Program
Revenue
Bonds,
Senior
Series
2020-1A
:
775
5.000%,
4/01/24,
(AMT)
No
Opt.
Call
775,693
500
5.000%,
4/01/25,
(AMT)
No
Opt.
Call
502,567
5,890
(c)
Central
Texas
Regional
Mobility
Authority,
Revenue
Bonds,
Senior
Lien,
Series
2015A,
5.000%,
1/01/45,
(Pre-refunded
7/01/25)
7/25
at
100.00
5,996,746
555
Chapel
Hill
Independent
School
District,
Smith
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2023,
5.000%,
2/15/26
No
Opt.
Call
569,136
1,065
Comal
Independent
School
District,
Comal,
Bexar,
Guadalupe,
Hays,
and
Kendall
Counties,
Texas,
General
Obligation
Bonds,
Series
2022,
5.000%,
2/01/26
No
Opt.
Call
1,092,769
1,900
Frisco
Independent
School
District,
Collin
and
Denton
Counties,
Texas,
General
Obligation
Bonds,
Refunding
&
School
Building
Series
2002,
0.000%,
8/15/24
No
Opt.
Call
1,834,274
2,045
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Health
System,
Series
2019A,
5.000%,
12/01/25
No
Opt.
Call
2,084,090
6,920
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Health
System,
Series
2019B-
2,
5.000%,
7/01/49,
(Mandatory
Put
12/01/24)
9/24
at
100.84
6,971,925
5,675
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Memorial
Hermann
Health
System,
Series
2019B-
3,
5.000%,
7/01/49,
(Mandatory
Put
12/01/26)
9/26
at
100.78
5,827,543
1,685
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Texas
Childrens
Hospital,
Series
2019B,
5.000%,
10/01/41,
(Mandatory
Put
10/01/24)
No
Opt.
Call
1,696,069
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
-
10.1%
(continued)
$
3,630
Houston,
Texas,
Airport
System
Revenue
Bonds,
Refunding
&
Subordinate
Lien
Series
2018C,
5.000%,
7/01/26,
(AMT)
No
Opt.
Call
$
3,678,834
850
Hunt
Memorial
Hospital
District,
Hunt
County,
Texas,
General
Obligation
Bonds,
Refunding
&
Improvment
Series
2020,
5.000%,
2/15/26
No
Opt.
Call
860,700
1,635
Lake
Dallas
Independent
School
District,
Denton
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2001,
0.000%,
8/15/24
No
Opt.
Call
1,577,503
400
Lake
Houston
Redevelopment
Authority,
Texas,
Tax
Increment
Contract
Revenue
Bonds,
Series
2021,
5.000%,
9/01/25
No
Opt.
Call
397,405
740
Love
Field
Airport
Modernization
Corporation,
Texas,
General
Airport
Revenue
Bonds,
Series
2017,
5.000%,
11/01/24,
(AMT)
No
Opt.
Call
743,735
3,435
Lubbock,
Texas,
General
Obligation
Bonds,
Tax
&
Waterworks
System
Surplus
Revenue
Certificates
of
Obligation,
Series
2015,
5.000%,
2/15/25
No
Opt.
Call
3,483,309
315
Port
Beaumont
Navigation
District,
Jefferson
County,
Texas,
Dock
and
Wharf
Facility
Revenue
Bonds,
Jefferson
Gulf
Coast
Energy
Project,
Series
2021A,
1.875%,
1/01/26,
(AMT),
144A
10/23
at
103.00
287,647
555
Tarrant
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Hospital
Revenue
Bonds,
Scott
&
White
Healthcare
Project,
Series
2022E,
5.000%,
11/15/52,
(Mandatory
Put
5/15/26)
11/25
at
100.60
565,390
5,400
Texas
Municipal
Gas
Acquisition
and
Supply
Corporation
III,
Gas
Supply
Revenue
Bonds,
Refunding
Series
2021,
5.000%,
12/15/24
No
Opt.
Call
5,395,732
Texas
Water
Development
Board,
State
Water
Implementation
Revenue
Fund
Bonds,
Master
Trust
Series
2022
:
500
5.000%,
4/15/24
No
Opt.
Call
503,350
1,885
5.000%,
10/15/24
No
Opt.
Call
1,908,740
465
Wise
County,
Texas,
Lease
Revenue
Bonds,
Parker
County
Junior
College
District,
Refunding
Series
2021,
5.000%,
8/15/24
No
Opt.
Call
469,256
2,850
(c)
Ysleta
Independent
School
District,
El
Paso
County,
Texas,
General
Obligation
Bonds,
Series
2016,
5.000%,
8/15/32,
(Pre-refunded
8/15/25)
8/25
at
100.00
2,908,088
Total
Texas
54,085,565
Utah
-
0.7%
2,190
Salt
Lake
City,
Utah,
Airport
Revenue
Bonds,
International
Airport
Series
2021A,
5.000%,
7/01/25,
(AMT)
No
Opt.
Call
2,210,897
750
Salt
Lake
City,
Utah,
Airport
Revenue
Bonds,
International
Airport
Series
2023A,
5.000%,
7/01/25,
(AMT)
No
Opt.
Call
757,157
350
Utah
Charter
School
Finance
Authority,
Charter
School
Revenue
Bonds,
Utah
Charter
Academies
Project,
Series
2018,
4.000%,
10/15/23
No
Opt.
Call
349,902
500
Utah
Infrastructure
Agency,
Telecommunications
Revenue
Bonds,
Series
2021,
3.000%,
10/15/23
No
Opt.
Call
499,653
Total
Utah
3,817,609
Virgin
Islands
-
0.5%
Matching
Fund
Special
Purpose
Securitization
Corporation,
Virgin
Islands,
Revenue
Bonds,
Series
2022A
:
1,000
5.000%,
10/01/25
No
Opt.
Call
1,006,526
1,645
5.000%,
10/01/26
No
Opt.
Call
1,652,634
Total
Virgin
Islands
2,659,160
Nuveen
Short
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Virginia
-
1.1%
$
5,000
(c)
Hampton
Roads
Transportation
Accountability
Commission,
Virginia,
Revenue
Bonds,
Hampton
Roads
Transportation
Fund,
Senior
Lien
Bond
Anticipation
Notes,
Series
2021A,
5.000%,
7/01/26,
(ETM)
No
Opt.
Call
$
5,166,423
690
Wise
County
Industrial
Development
Authority,
Virginia,
Solid
Waste
and
Sewage
Disposal
Revenue
Bonds,
Virginia
Electric
and
Power
Company,
Series
2010A,
1.200%,
11/01/40,
(Mandatory
Put
5/31/24)
No
Opt.
Call
671,743
Total
Virginia
5,838,166
Washington
-
2.6%
2,525
Port
of
Seattle,
Washington,
Revenue
Bonds,
Intermediate
Lien
Series
2015C,
5.000%,
4/01/26,
(AMT)
10/24
at
100.00
2,534,993
2,000
Port
of
Seattle,
Washington,
Revenue
Bonds,
Intermediate
Lien
Series
2017C,
5.000%,
5/01/25,
(AMT)
No
Opt.
Call
2,024,601
1,550
Port
of
Seattle,
Washington,
Revenue
Bonds,
Intermediate
Lien
Series
2018A,
5.000%,
5/01/27,
(AMT)
No
Opt.
Call
1,584,457
2,000
Port
of
Seattle,
Washington,
Revenue
Bonds,
Intermediate
Lien
Series
2019,
5.000%,
4/01/24,
(AMT)
No
Opt.
Call
2,006,635
5,025
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019B-3,
5.000%,
8/01/49,
(Mandatory
Put
8/01/26)
2/26
at
100.00
5,091,123
760
Washington
Health
Care
Facilities
Authority,
Revenue
Bonds,
Providence
Saint
Joseph
Health,
Series
2018B,
5.000%,
10/01/25
No
Opt.
Call
769,446
Total
Washington
14,011,255
Wisconsin
-
4.3%
625
Kenosha,
Wisconsin,
General
Obligation
Promissory
Notes
Series
2020A,
2.000%,
5/01/25
No
Opt.
Call
593,924
1,250
Kenosha,
Wisconsin,
General
Obligation
Promissory
Notes
Series
2021B,
1.000%,
10/01/25
No
Opt.
Call
1,142,494
Public
Finance
Authority
of
Wisconsin,
Health
Care
Facilities
Revenue
Bonds,
Blue
Ridge
HealthCare,
Refunding
Series
2020A
:
200
5.000%,
1/01/24
No
Opt.
Call
200,189
400
5.000%,
1/01/26
No
Opt.
Call
405,259
300
Public
Finance
Authority
of
Wisconsin,
Hospital
Revenue
Bonds,
Carson
Valley
Medical
Center,
Series
2021A,
3.000%,
12/01/26
No
Opt.
Call
277,074
325
Public
Finance
Authority
of
Wisconsin,
Hospital
Revenue
Bonds,
Renown
Regional
Medical
Center
Project,
Series
2020A,
5.000%,
6/01/26
No
Opt.
Call
328,363
1,375
Public
Finance
Authority
of
Wisconsin,
Pollution
Control
Revenue
Bonds,
Duke
Energy
Progress
Project,
Refunding
Series
2022A-2,
3.300%,
10/01/46,
(Mandatory
Put
10/01/26)
No
Opt.
Call
1,343,021
600
Racine
Unified
School
District,
Racine
County,
Wisconsin,
General
Obligation
Bonds,
Refunding
Series
2021,
2.000%,
4/01/25
No
Opt.
Call
572,568
1,360
Wisconsin
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Mercy
Alliance,
Inc.,
Series
2012,
5.000%,
6/01/27
10/23
at
100.00
1,360,074
Wisconsin
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
PHW
Muskego,
Inc.
Project,
Series
2021
:
435
5.000%,
10/01/25
No
Opt.
Call
436,881
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Wisconsin
-
4.3%
(continued)
$
455
5.000%,
10/01/26
No
Opt.
Call
$
456,000
2,550
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Advocate
Aurora
Health
Credit
Group,
Series
2018A-4,
5.000%,
8/15/54,
(Mandatory
Put
1/29/25)
No
Opt.
Call
2,577,685
1,075
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Advocate
Aurora
Health
Credit
Group,
Variable
Rate
Demand
Series
2018B-3,
5.000%,
8/15/54,
(Mandatory
Put
1/31/24)
No
Opt.
Call
1,077,753
250
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Agnesian
HealthCare,
Inc.,
Series
2017,
5.000%,
7/01/26
No
Opt.
Call
255,306
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Bellin
Memorial
Hospital,
Inc.,
Series
2019A
:
75
5.000%,
12/01/23
No
Opt.
Call
75,093
100
5.000%,
12/01/24
No
Opt.
Call
101,044
110
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Bellin
Memorial
Hospital,
Inc.,
Series
2019B,
3.000%,
12/01/24
No
Opt.
Call
108,021
2,070
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Froedtert
Health,
Inc.
Obligated
Group,
Series
2017A,
5.000%,
4/01/25
No
Opt.
Call
2,097,028
8,010
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Marshfield
Clinic
Health
System,
Inc.,
Series
2020B-1,
5.000%,
2/15/52,
(Mandatory
Put
2/15/25)
8/24
at
100.00
8,029,473
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Oakwood
Lutheran
Senior
Ministries,
Series
2021
:
160
4.000%,
1/01/24
No
Opt.
Call
159,415
210
4.000%,
1/01/25
No
Opt.
Call
206,222
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
PHM
/
New
Richmond
Senior
Housing,
Inc.,
Refunding
Series
2021
:
440
1.950%,
7/01/24
No
Opt.
Call
428,247
460
2.250%,
7/01/26
No
Opt.
Call
418,441
350
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Saint
John's
Communities
Inc.,
Refunding
Series
2021B,
4.000%,
9/15/25
No
Opt.
Call
342,931
Total
Wisconsin
22,992,506
Wyoming
-
0.2%
Consolidated
Wyoming
Municipalities
Electric
Power
System
Joint
Powers
Board,
Wyoming,
Electric
Facilities
Improvement
Lease
Revenue
Bonds,
Gillette
Electrical
System
Project,
Refunding
Series
2022
:
750
5.000%,
6/01/24
No
Opt.
Call
754,642
500
5.000%,
6/01/26
No
Opt.
Call
514,003
Total
Wyoming
1,268,645
Total
Municipal
Bonds
(cost
$543,364,757)
532,311,283
Nuveen
Short
Term
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Shares
Description
(a)
Value
X
–
COMMON
STOCKS
-
0
.3
%
X
1,766,622
Utilities
-
0.3%
22,152
(d),(e),(f)
Energy
Harbor
Corp
$
1,766,622
Total
Utilities
1,766,622
Total
Common
Stocks
(cost
$751,144)
1,766,622
Total
Long-Term
Investments
(cost
$544,115,901)
534,077,905
Borrowings
-
(0.2)%
(g)
(
937,671
)
Other
Assets
&
Liabilities,
Net
- 0.5%
2,335,887
Net
Assets
-
100%
$
535,476,121
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(b)
Optional
Call
Provisions:
Dates
(month
and
year)
and
prices
of
the
earliest
optional
call
or
redemption.
There
may
be
other
call
provisions
at
varying
prices
at
later
dates.
Certain
mortgage-backed
securities
may
be
subject
to
periodic
principal
paydowns.
(c)
Backed
by
an
escrow
or
trust
containing
sufficient
U.S.
Government
or
U.S.
Government
agency
securities,
which
ensure
the
timely
payment
of
principal
and
interest.
(d)
Defaulted
security.
A
security
whose
issuer
has
failed
to
fully
pay
principal
and/or
interest
when
due,
or
is
under
the
protection
of
bankruptcy.
(e)
Energy
Harbor
Corp
(ENGH)
common
stock
received
as
part
of
the
bankruptcy
settlements
during
February
2020,
for
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
0.000%,
12/01/23.
Various
funds
and
accounts
managed
by
Nuveen,
including
the
Fund,
collectively
are
a
substantial
minority
holder
of
ENGH’s
outstanding
shares
of
common
stock,
and
possess
certain
other
rights
with
respect
to
the
corporate
governance
of
ENGH.
Due
to
these
facts,
under
the
federal
securities
laws,
the
securities
of
ENGH
held
by
Nuveen
funds
and
accounts,
including
the
Fund,
cannot
be
sold
except
under
limited
conditions
(which
are
not currently
satisfied).
The
Fund
is
therefore
unable
to
sell
such
shares
in
ordinary
secondary
market
transactions
at
this
time.
On
March
6,
2023
Vistra
Corp.
(“Vistra”)
announced
that
it
has
executed
a
definitive
agreement
with
Energy
Harbor
Corp.,
pursuant
to
which
Energy
Harbor
will
merge
with
and
into
a
newly-formed
subsidiary
of
Vistra. The
companies
anticipate
closing
the
transaction
in
the
fourth
quarter
of
2023. In
connection
with
the
transaction,
Nuveen
funds
and
accounts
expect
to
receive
a
combination
of
cash
and
shares
in
a
newly
formed
entity.
Nuveen
expects
these
shares
to
be
issued
in
a
private
transaction
and
may
have
reduced
secondary
market
liquidity. The
transaction
is
subject
to
certain
regulatory
approvals
and
there
can
be
no
assurance
that
the
transaction
will
close.
(f)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(g)
Borrowings
as
a
percentage
of
Total
Investments
is
0.2%.
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
AMT
Alternative
Minimum
Tax
ETM
Escrowed
to
maturity
WI/DD
When-issued
or
delayed
delivery
security.
See
Notes
to
Financial
Statements
Statement
of
Assets
and
Liabilities
See
Notes
to
Financial
Statements.
September
30,
2023
(Unaudited)
All-American
Intermediate
Duration
Limited
Term
Short
Term
ASSETS
Long-term
investments,
at
value
†
$
4,399,456,996
$
7,221,839,788
$
5,589,691,029
$
534,077,905
Short-term
investments,
at
value
◊
57,000,000
–
5,900,000
–
Cash
204,148
43,477,047
5,353,369
–
Receivables:
Interest
60,523,454
85,496,956
63,262,278
7,051,407
Investments
sold
23,120,212
50,371,953
21,465,091
14,426,862
Shares
sold
10,490,049
33,739,299
5,920,538
457,616
Other
799,865
1,067,410
699,264
109,472
Total
assets
4,551,594,724
7,435,992,453
5,692,291,569
556,123,262
LIABILITIES
Borrowings
40,800,000
–
456,403
937,671
Floating
rate
obligations
54,020,000
–
–
–
Payables:
Dividends
2,383,575
4,784,067
2,484,513
271,997
Interest
1,276,021
11,473
9,703
1,526
Investments
purchased
-
regular
settlement
37,225,017
52,230,533
26,040,917
16,903,519
Investments
purchased
-
when-issued/delayed-delivery
settlement
24,632,541
14,000,000
54,235,282
1,367,811
Shares
redeemed
11,230,185
70,326,443
26,429,387
619,688
Accrued
expenses:
Custodian
fees
284,549
330,677
312,490
62,568
Management
fees
1,505,752
2,425,482
1,614,049
184,746
Directors/Trustees
fees
737,858
1,035,166
664,216
62,706
Professional
fees
81,179
106,020
90,951
27,717
Shareholder
reporting
expenses
122,249
125,753
162,809
23,140
Shareholder
servicing
agent
fees
484,857
854,988
887,236
79,011
12b-1
distribution
and
service
fees
468,954
158,938
196,253
46,142
Other
235,322
264,179
260,859
58,899
Total
liabilities
175,488,059
146,653,719
113,845,068
20,647,141
Commitments
and
contingencies
(1)
Net
assets
$
4,376,106,665
$
7,289,338,734
$
5,578,446,501
$
535,476,121
NET
ASSETS
CONSIST
OF:
Paid-in
capital
$
5,584,586,989
$
8,031,857,182
$
5,928,877,774
$
562,093,682
Total
distributable
earnings
(loss)
(
1,208,480,324
)
(
742,518,448
)
(
350,431,273
)
(
26,617,561
)
Net
assets
4,376,106,665
7,289,338,734
5,578,446,501
535,476,121
†
Long-term
investments,
cost
$
4,568,088,798
$
7,726,170,020
$
5,750,995,734
$
544,115,901
◊
Short-term
investments,
cost
$
57,000,000
$
—
$
5,900,000
$
—
(1)
As
disclosed
in
Notes
to
Financial
Statements.
Statement
of
Assets
and
Liabilities
(continued)
See
Notes
to
Financial
Statements.
All-American
Intermediate
Duration
Limited
Term
Short
Term
CLASS
A:
Net
assets
$
2,019,339,077
$
759,962,980
$
982,929,418
$
230,199,488
Shares
outstanding
209,202,419
90,203,186
92,850,988
23,880,187
Net
asset
value
("NAV")
per
share
$
9.65
$
8.43
$
10.59
$
9.64
Maximum
sales
charge
4.20%
3.00%
2.50%
2.50%
Offering
price
per
share
(NAV
per
share
plus
maximum
sales
charge)
$
10.07
$
8.69
$
10.86
$
9.89
CLASS
C:
Net
assets
$
151,896,701
$
36,942,004
$
37,752,561
$
9,495,047
Shares
outstanding
15,732,010
4,383,188
3,581,147
988,715
NAV
and
offering
price
per
share
$
9.66
$
8.43
$
10.54
$
9.60
CLASS
R6:
Net
assets
$
143,560,898
$
—
$
—
$
—
Shares
outstanding
14,792,941
—
—
—
NAV
and
offering
price
per
share
$
9.70
$
—
$
—
$
—
CLASS
I:
Net
assets
$
2,061,309,989
$
6,492,433,750
$
4,557,764,522
$
295,781,586
Shares
outstanding
212,587,476
768,230,072
432,347,816
30,642,090
NAV
and
offering
price
per
share
$
9.70
$
8.45
$
10.54
$
9.65
Authorized
shares
-
per
class
Unlimited
Unlimited
Unlimited
2
billion
Par
value
per
share
$
0.01
$
0.01
$
0.01
$
0.0001
See
Notes
to
Financial
Statements.
Six
Months
Ended
September
30,
2023
(Unaudited)
All-American
Intermediate
Duration
Limited
Term
Short
Term
INVESTMENT
INCOME
Interest
$
104,584,722
$
132,244,182
$
84,589,757
$
8,341,969
Total
investment
income
104,584,722
132,244,182
84,589,757
8,341,969
EXPENSES
–
–
–
–
Management
fees
9,469,545
15,216,968
10,455,370
1,253,953
12b-1
service
fees
-
Class
A
2,154,396
811,389
1,073,278
254,239
12b-1
distribution
and
service
fees
-
Class
C
851,410
205,316
219,960
54,373
Shareholder
servicing
agent
fees
-
Class
A
403,530
171,970
288,769
57,540
Shareholder
servicing
agent
fees
-
Class
C
31,915
8,688
11,790
2,458
Shareholder
servicing
agent
fees
-
Class
R6
3,318
—
—
—
Shareholder
servicing
agent
fees
-
Class
I
416,410
1,478,370
1,342,821
78,893
Interest
expense
2,365,002
85,441
68,552
8,190
Directors/Trustees
fees
61,273
106,389
78,968
7,641
Custodian
expenses
197,230
244,156
251,574
47,766
Registration
fees
130,774
135,147
118,624
62,617
Professional
fees
126,935
178,232
146,701
34,561
Shareholder
reporting
expenses
95,737
65,480
97,229
13,037
Other
22,975
44,120
45,046
8,278
Total
expenses
16,330,450
18,751,666
14,198,682
1,883,546
Net
investment
income
(loss)
88,254,272
113,492,516
70,391,075
6,458,423
REALIZED
AND
UNREALIZED
GAIN
(LOSS)
Realized
gain
(loss)
from:
Investments
(
63,186,485
)
(
48,151,364
)
(
45,513,379
)
(
6,857,397
)
Net
realized
gain
(loss)
(
63,186,485
)
(
48,151,364
)
(
45,513,379
)
(
6,857,397
)
Change
in
unrealized
appreciation
(depreciation)
on:
Investments
(
159,337,477
)
(
265,294,993
)
(
114,347,270
)
(
2,778,885
)
Change
in
net
unrealized
appreciation
(depreciation)
(
159,337,477
)
(
265,294,993
)
(
114,347,270
)
(
2,778,885
)
Net
realized
and
unrealized
gain
(loss)
(
222,523,962
)
(
313,446,357
)
(
159,860,649
)
(
9,636,282
)
Net
increase
(decrease)
in
net
assets
from
operations
$
(
134,269,690
)
$
(
199,953,841
)
$
(
89,469,574
)
$
(
3,177,859
)
Statement
of
Changes
in
Net
Assets
See
Notes
to
Financial
Statements.
All-American
Intermediate
Duration
Unaudited
Six
Months
Ended
9/30/23
Year
Ended
3/31/23
Unaudited
Six
Months
Ended
9/30/23
Year
Ended
3/31/23
OPERATIONS
Net
investment
income
(loss)
$
88,254,272
$
206,619,866
$
113,492,516
$
215,258,113
Net
realized
gain
(loss)
(
63,186,485
)
(
803,024,312
)
(
48,151,364
)
(
149,421,856
)
Change
in
net
unrealized
appreciation
(depreciation)
(
159,337,477
)
140,713,510
(
265,294,993
)
(
185,591,473
)
Net
increase
(decrease)
in
net
assets
from
operations
(
134,269,690
)
(
455,690,936
)
(
199,953,841
)
(
119,755,216
)
DISTRIBUTIONS
TO
SHAREHOLDERS
Dividends:
Class
A
(
38,601,339
)
(
80,416,955
)
(
10,536,741
)
(
19,783,346
)
Class
C
(
2,387,374
)
(
5,233,730
)
(
365,395
)
(
680,389
)
Class
R6
(
2,654,236
)
(
4,673,587
)
—
—
Class
I
(
42,254,567
)
(
105,170,778
)
(
97,495,045
)
(
182,875,837
)
Total
distributions
(
85,897,516
)
(
195,495,050
)
(
108,397,181
)
(
203,339,572
)
FUND
SHARE
TRANSACTIONS
Subscriptions
537,313,343
2,534,125,820
1,055,390,035
5,962,593,321
Reinvestments
of
distributions
71,002,730
152,966,958
78,968,902
141,855,832
Redemptions
(
811,113,324
)
(
4,924,245,842
)
(
1,538,364,992
)
(
7,561,449,728
)
Net
increase
(decrease)
from
Fund
share
transactions
(
202,797,251
)
(
2,237,153,064
)
(
404,006,055
)
(
1,457,000,575
)
Net
increase
(decrease)
in
net
assets
(
422,964,457
)
(
2,888,339,050
)
(
712,357,077
)
(
1,780,095,363
)
Net
assets
at
the
beginning
of
period
4,799,071,122
7,687,410,172
8,001,695,811
9,781,791,174
Net
assets
at
the
end
of
period
$
4,376,106,665
$
4,799,071,122
$
7,289,338,734
$
8,001,695,811
See
Notes
to
Financial
Statements.
Limited
Term
Short
Term
Unaudited
Six
Months
Ended
9/30/23
Year
Ended
3/31/23
Unaudited
Six
Months
Ended
9/30/23
Year
Ended
3/31/23
OPERATIONS
Net
investment
income
(loss)
$
70,391,075
$
120,694,070
$
6,458,423
$
10,076,121
Net
realized
gain
(loss)
(
45,513,379
)
(
119,860,432
)
(
6,857,397
)
(
8,649,885
)
Change
in
net
unrealized
appreciation
(depreciation)
(
114,347,270
)
30,868,162
(
2,778,885
)
5,870,720
Net
increase
(decrease)
in
net
assets
from
operations
(
89,469,574
)
31,701,800
(
3,177,859
)
7,296,956
DISTRIBUTIONS
TO
SHAREHOLDERS
Dividends:
Class
A
(
10,719,599
)
(
16,037,784
)
(
2,461,531
)
(
3,133,215
)
Class
C
(
268,642
)
(
242,758
)
(
59,985
)
(
43,161
)
Class
I
(
55,568,752
)
(
87,333,930
)
(
3,672,678
)
(
5,949,384
)
Total
distributions
(
66,556,993
)
(
103,614,472
)
(
6,194,194
)
(
9,125,760
)
FUND
SHARE
TRANSACTIONS
Subscriptions
578,721,386
3,390,582,001
45,967,802
682,388,551
Reinvestments
of
distributions
51,060,500
78,757,156
4,557,648
6,218,817
Redemptions
(
1,662,550,937
)
(
5,085,114,031
)
(
204,652,710
)
(
725,257,642
)
Net
increase
(decrease)
from
Fund
share
transactions
(
1,032,769,051
)
(
1,615,774,874
)
(
154,127,260
)
(
36,650,274
)
Net
increase
(decrease)
in
net
assets
(
1,188,795,618
)
(
1,687,687,546
)
(
163,499,313
)
(
38,479,078
)
Net
assets
at
the
beginning
of
period
6,767,242,119
8,454,929,665
698,975,434
737,454,512
Net
assets
at
the
end
of
period
$
5,578,446,501
$
6,767,242,119
$
535,476,121
$
698,975,434
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(NII)
(Loss)(a)
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
NII
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
All-American
Class
A
9/30/23(d)
$
10.13
$
0.19
$
(
0.49
)
$
(
0.30
)
$
(
0.18
)
$
—
$
(
0.18
)
$
9.65
3/31/23
11.08
0.36
(
0.97
)
(
0.61
)
(
0.34
)
—
(
0.34
)
10.13
3/31/22
12.09
0.34
(
1.01
)
(
0.67
)
(
0.34
)
—
(
0.34
)
11.08
3/31/21
11.49
0.35
0.62
0.97
(
0.37
)
—
(
0.37
)
12.09
3/31/20
11.60
0.36
(
0.07
)
0.29
(
0.40
)
—
(
0.40
)
11.49
3/31/19
11.44
0.42
0.15
0.57
(
0.41
)
—
(
0.41
)
11.60
Class
C
9/30/23(d)
10.13
0.15
(
0.48
)
(
0.33
)
(
0.14
)
—
(
0.14
)
9.66
3/31/23
11.08
0.28
(
0.98
)
(
0.70
)
(
0.25
)
—
(
0.25
)
10.13
3/31/22
12.09
0.24
(
1.01
)
(
0.77
)
(
0.24
)
—
(
0.24
)
11.08
3/31/21
11.48
0.26
0.62
0.88
(
0.27
)
—
(
0.27
)
12.09
3/31/20
11.60
0.27
(
0.09
)
0.18
(
0.30
)
—
(
0.30
)
11.48
3/31/19
11.44
0.33
0.15
0.48
(
0.32
)
—
(
0.32
)
11.60
Class
R6
9/30/23(d)
10.18
0.20
(
0.49
)
(
0.29
)
(
0.19
)
—
(
0.19
)
9.70
3/31/23
11.14
0.38
(
0.98
)
(
0.60
)
(
0.36
)
—
(
0.36
)
10.18
3/31/22
12.16
0.37
(
1.02
)
(
0.65
)
(
0.37
)
—
(
0.37
)
11.14
3/31/21
11.55
0.38
0.62
1.00
(
0.39
)
—
(
0.39
)
12.16
3/31/20
11.66
0.38
(
0.06
)
0.32
(
0.43
)
—
(
0.43
)
11.55
3/31/19
11.49
0.45
0.15
0.60
(
0.43
)
—
(
0.43
)
11.66
Class
I
9/30/23(d)
10.18
0.20
(
0.49
)
(
0.29
)
(
0.19
)
—
(
0.19
)
9.70
3/31/23
11.13
0.38
(
0.97
)
(
0.59
)
(
0.36
)
—
(
0.36
)
10.18
3/31/22
12.14
0.37
(
1.02
)
(
0.65
)
(
0.36
)
—
(
0.36
)
11.13
3/31/21
11.54
0.38
0.61
0.99
(
0.39
)
—
(
0.39
)
12.14
3/31/20
11.65
0.38
(
0.07
)
0.31
(
0.42
)
—
(
0.42
)
11.54
3/31/19
11.49
0.44
0.15
0.59
(
0.43
)
—
(
0.43
)
11.65
(a)
Based
on
average
shares
outstanding.
(b)
Percentage
is
not
annualized.
(c)
The
expense
ratios
reflect,
among
other
things,
the
interest
expense
deemed
to
have
been
paid
by
the
Fund
on
the
floating
rate
certificates
issued
by
the
special
purpose
trusts
for
the
self-deposited
inverse
floaters
held
by
the
Fund,
where
applicable,
as
described
in
Notes
to
Financial
Statements
and
the
interest
expense
and
fees
paid
on
borrowings,
as
described
in
Notes
to
Financial
Statements.
(d)
Unaudited.
(e)
Annualized.
See
Notes
to
Financial
Statements.
Ratio/Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return(b)
Net
Assets,
End
of
Period
(000)
Expenses
Including
Interest(c)
Expenses
Excluding
Interest
NII
(Loss)
Portfolio
Turnover
Rate
(
3
.01
)
%
$
2,019,339
0
.77
%
(e)
0
.67
%
(e)
3
.70
%
(e)
28
%
(
5
.48
)
2,207,643
0
.82
0
.66
3
.50
47
(
5
.76
)
3,012,154
0
.70
0
.64
2
.80
27
8
.51
3,154,428
0
.69
0
.66
2
.98
19
2
.41
2,255,358
0
.70
0
.67
3
.10
14
5
.11
1,554,833
0
.73
0
.69
3
.68
29
(
3
.29
)
151,897
1
.57
(e)
1
.47
(e)
2
.89
(e)
28
(
6
.26
)
184,011
1
.62
1
.46
2
.70
47
(
6
.54
)
265,767
1
.50
1
.44
2
.00
27
7
.73
293,333
1
.49
1
.46
2
.18
19
1
.52
244,369
1
.50
1
.47
2
.31
14
4
.29
195,053
1
.53
1
.49
2
.88
29
(
2
.88
)
143,561
0
.54
(e)
0
.44
(e)
3
.93
(e)
28
(
5
.30
)
142,935
0
.58
0
.42
3
.74
47
(
5
.58
)
159,516
0
.47
0
.41
3
.04
27
8
.79
114,355
0
.45
0
.42
3
.19
19
2
.65
41,526
0
.47
0
.44
3
.29
14
5
.40
12,469
0
.49
0
.45
3
.90
29
(
2
.88
)
2,061,310
0
.57
(e)
0
.47
(e)
3
.89
(e)
28
(
5
.23
)
2,264,482
0
.62
0
.46
3
.69
47
(
5
.55
)
4,249,974
0
.50
0
.44
3
.00
27
8
.69
4,281,209
0
.49
0
.45
3
.17
19
2
.60
2,964,458
0
.50
0
.47
3
.31
14
5
.31
2,168,129
0
.53
0
.49
3
.88
29
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(NII)
(Loss)(a)
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
NII
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
Intermediate
Duration
Class
A
9/30/23(e)
$
8.77
$
0.12
$
(
0.35
)
$
(
0.23
)
$
(
0.11
)
$
—
$
(
0.11
)
$
8.43
3/31/23
9.05
0.21
(
0.29
)
(
0.08
)
(
0.20
)
—
(
0.20
)
8.77
3/31/22
9.57
0.18
(
0.52
)
(
0.34
)
(
0.18
)
—
(
0.18
)
9.05
3/31/21
9.26
0.20
0.33
0.53
(
0.22
)
—
(
0.22
)
9.57
3/31/20
9.29
0.23
(
0.02
)
0.21
(
0.24
)
—
(
0.24
)
9.26
3/31/19
9.07
0.26
0.21
0.47
(
0.25
)
—
(
0.25
)
9.29
Class
C
9/30/23(e)
8.77
0.08
(
0.34
)
(
0.26
)
(
0.08
)
—
(
0.08
)
8.43
3/31/23
9.06
0.14
(
0.30
)
(
0.16
)
(
0.13
)
—
(
0.13
)
8.77
3/31/22
9.57
0.10
(
0.51
)
(
0.41
)
(
0.10
)
—
(
0.10
)
9.06
3/31/21
9.26
0.13
0.32
0.45
(
0.14
)
—
(
0.14
)
9.57
3/31/20
9.29
0.16
(
0.02
)
0.14
(
0.17
)
—
(
0.17
)
9.26
3/31/19
9.08
0.19
0.20
0.39
(
0.18
)
—
(
0.18
)
9.29
Class
I
9/30/23(e)
8.80
0.13
(
0.36
)
(
0.23
)
(
0.12
)
—
(
0.12
)
8.45
3/31/23
9.08
0.23
(
0.30
)
(
0.07
)
(
0.21
)
—
(
0.21
)
8.80
3/31/22
9.60
0.20
(
0.52
)
(
0.32
)
(
0.20
)
—
(
0.20
)
9.08
3/31/21
9.29
0.22
0.33
0.55
(
0.24
)
—
(
0.24
)
9.60
3/31/20
9.31
0.25
(
0.01
)
0.24
(
0.26
)
—
(
0.26
)
9.29
3/31/19
9.10
0.28
0.20
0.48
(
0.27
)
—
(
0.27
)
9.31
(a)
Based
on
average
shares
outstanding.
(b)
Percentage
is
not
annualized.
(c)
The
Fund
has
a
contractual
fee
waiver/expense
reimbursement
agreement
with
the
Adviser,
but
did
not
receive
a
fee
waiver/expense
reimbursement
during
the
periods
presented
herein.
See
Notes
to
Financial
Statements
for
more
information.
(d)
The
expense
ratios
reflect,
among
other
things,
the
interest
expense
deemed
to
have
been
paid
by
the
Fund
on
the
floating
rate
certificates
issued
by
the
special
purpose
trusts
for
the
self-deposited
inverse
floaters
held
by
the
Fund,
where
applicable,
as
described
in
Notes
to
Financial
Statements
and
the
interest
expense
and
fees
paid
on
borrowings,
as
described
in
Notes
to
Financial
Statements.
(e)
Unaudited.
(f)
Annualized.
See
Notes
to
Financial
Statements.
Ratio/Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return(b)
Net
Assets,
End
of
Period
(000)
Expenses
Including
Interest(c),(d)
Expenses
Excluding
Interest(c)
NII
(Loss)(c)
Portfolio
Turnover
Rate
(
2
.61
)
%
$
759,963
0
.65
%
(f)
0
.65
%
(f)
2
.73
%
(f)
12
%
(
0
.90
)
845,566
0
.65
0
.64
2
.38
21
(
3
.66
)
940,178
0
.63
0
.63
1
.87
26
5
.79
967,315
0
.64
0
.64
2
.12
18
2
.28
768,267
0
.65
0
.65
2
.45
22
5
.29
603,262
0
.67
0
.67
2
.86
15
(
3
.01
)
36,942
1
.45
(f)
1
.45
(f)
1
.92
(f)
12
(
1
.80
)
43,566
1
.45
1
.44
1
.58
21
(
4
.34
)
55,713
1
.43
1
.43
1
.07
26
4
.93
65,566
1
.44
1
.44
1
.33
18
1
.48
59,004
1
.45
1
.45
1
.65
22
4
.35
48,182
1
.47
1
.47
2
.06
15
(
2
.62
)
6,492,434
0
.45
(f)
0
.45
(f)
2
.92
(f)
12
(
0
.67
)
7,112,564
0
.45
0
.44
2
.57
21
(
3
.46
)
8,785,900
0
.43
0
.43
2
.06
26
5
.97
9,315,167
0
.44
0
.44
2
.32
18
2
.58
7,775,550
0
.45
0
.45
2
.65
22
5
.37
6,138,037
0
.47
0
.47
3
.06
15
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(NII)
(Loss)(a)
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
NII
From
Net
Realized
Gains
Return
of
Capital
Total
Net
Asset
Value,
End
of
Period
Limited
Term
Class
A
9/30/23(d)
$
10.87
$
0.12
$
(
0.29
)
$
(
0.17
)
$
(
0.11
)
$
—
$
—
$
(
0.11
)
$
10.59
3/31/23
10.92
0.16
(
0.08
)
0.08
(
0.13
)
—
—
(
0.13
)
10.87
3/31/22
11.32
0.12
(
0.40
)
(
0.28
)
(
0.12
)
—
—
(
0.12
)
10.92
3/31/21
11.02
0.15
0.35
0.50
(
0.19
)
—
(
0.01
)
(
0.20
)
11.32
3/31/20
11.08
0.22
(
0.06
)
0.16
(
0.22
)
—
—
(
0.22
)
11.02
3/31/19
10.83
0.23
0.23
0.46
(
0.21
)
—
—
(
0.21
)
11.08
Class
C
9/30/23(d)
10.82
0.07
(
0.28
)
(
0.21
)
(
0.07
)
—
—
(
0.07
)
10.54
3/31/23
10.88
0.07
(
0.08
)
(
0.01
)
(
0.05
)
—
—
(
0.05
)
10.82
3/31/22
11.27
0.03
(
0.39
)
(
0.36
)
(
0.03
)
—
—
(
0.03
)
10.88
3/31/21
10.98
0.06
0.34
0.40
(
0.10
)
—
(
0.01
)
(
0.11
)
11.27
3/31/20
11.04
0.13
(
0.06
)
0.07
(
0.13
)
—
—
(
0.13
)
10.98
3/31/19
10.78
0.14
0.24
0.38
(
0.12
)
—
—
(
0.12
)
11.04
Class
I
9/30/23(d)
10.82
0.13
(
0.29
)
(
0.16
)
(
0.12
)
—
—
(
0.12
)
10.54
3/31/23
10.88
0.18
(
0.08
)
0.10
(
0.16
)
—
—
(
0.16
)
10.82
3/31/22
11.28
0.14
(
0.40
)
(
0.26
)
(
0.14
)
—
—
(
0.14
)
10.88
3/31/21
10.98
0.17
0.35
0.52
(
0.21
)
—
(
0.01
)
(
0.22
)
11.28
3/31/20
11.04
0.24
(
0.06
)
0.18
(
0.24
)
—
—
(
0.24
)
10.98
3/31/19
10.79
0.25
0.23
0.48
(
0.23
)
—
—
(
0.23
)
11.04
(a)
Based
on
average
shares
outstanding.
(b)
Percentage
is
not
annualized.
(c)
The
expense
ratios
reflect,
among
other
things,
the
interest
expense
deemed
to
have
been
paid
by
the
Fund
on
the
floating
rate
certificates
issued
by
the
special
purpose
trusts
for
the
self-deposited
inverse
floaters
held
by
the
Fund,
where
applicable,
as
described
in
Notes
to
Financial
Statements
and
the
interest
expense
and
fees
paid
on
borrowings,
as
described
in
Notes
to
Financial
Statements.
(d)
Unaudited.
(e)
Annualized.
See
Notes
to
Financial
Statements.
Ratio/Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return(b)
Net
Assets,
End
of
Period
(000)
Expenses
Including
Interest(c)
Expenses
Excluding
Interest
NII
(Loss)
Portfolio
Turnover
Rate
(
1
.59
)
%
$
982,929
0
.62
%
(e)
0
.62
%
(e)
2
.15
%
(e)
13
%
0
.77
1,152,357
0
.61
0
.60
1
.45
33
(
2
.55
)
1,523,484
0
.59
0
.59
1
.05
28
4
.55
1,597,780
0
.61
0
.61
1
.31
18
1
.43
1,236,659
0
.62
0
.61
1
.97
22
4
.27
1,015,540
0
.63
0
.63
2
.07
27
(
1
.99
)
37,753
1
.42
(e)
1
.42
(e)
1
.34
(e)
13
(
0
.11
)
49,258
1
.41
1
.40
0
.65
33
(
3
.25
)
70,792
1
.39
1
.39
0
.26
28
3
.64
88,543
1
.41
1
.41
0
.53
18
0
.62
88,648
1
.42
1
.41
1
.17
22
3
.52
83,991
1
.43
1
.43
1
.27
27
(
1
.49
)
4,557,765
0
.42
(e)
0
.42
(e)
2
.35
(e)
13
0
.90
5,565,627
0
.41
0
.40
1
.65
33
(
2
.35
)
6,860,653
0
.39
0
.39
1
.25
28
4
.76
6,172,134
0
.41
0
.41
1
.51
18
1
.63
4,447,770
0
.42
0
.41
2
.17
22
4
.46
4,014,613
0
.43
0
.43
2
.27
27
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(NII)
(Loss)(a)
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
NII
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
Short
Term
Class
A
9/30/23(d)
$
9.79
$
0.10
$
(
0.15
)
$
(
0.05
)
$
(
0.10
)
$
—
$
(
0.10
)
$
9.64
3/31/23
9.82
0.12
(
0.05
)
0.07
(
0.10
)
—
(
0.10
)
9.79
3/31/22
10.18
0.08
(
0.36
)
(
0.28
)
(
0.08
)
—
(
0.08
)
9.82
3/31/21
10.03
0.11
0.18
0.29
(
0.14
)
—
(
0.14
)
10.18
3/31/20
10.09
0.16
(
0.06
)
0.10
(
0.16
)
—
(
0.16
)
10.03
3/31/19
9.98
0.14
0.10
0.24
(
0.13
)
—
(
0.13
)
10.09
Class
C
9/30/23(d)
9.76
0.06
(
0.17
)
(
0.11
)
(
0.05
)
—
(
0.05
)
9.60
3/31/23
9.79
0.04
(
0.04
)
—
(
0.03
)
—
(
0.03
)
9.76
3/31/22
10.15
(
—
)
(f)
(
0.36
)
(
0.36
)
(
—
)
(f)
—
—
9.79
3/31/21
10.00
0.03
0.18
0.21
(
0.06
)
—
(
0.06
)
10.15
3/31/20
10.06
0.08
(
0.06
)
0.02
(
0.08
)
—
(
0.08
)
10.00
3/31/19
9.96
0.06
0.09
0.15
(
0.05
)
—
(
0.05
)
10.06
Class
I
9/30/23(d)
9.81
0.11
(
0.17
)
(
0.06
)
(
0.10
)
—
(
0.10
)
9.65
3/31/23
9.84
0.14
(
0.05
)
0.09
(
0.12
)
—
(
0.12
)
9.81
3/31/22
10.19
0.10
(
0.35
)
(
0.25
)
(
0.10
)
—
(
0.10
)
9.84
3/31/21
10.04
0.13
0.18
0.31
(
0.16
)
—
(
0.16
)
10.19
3/31/20
10.10
0.18
(
0.06
)
0.12
(
0.18
)
—
(
0.18
)
10.04
3/31/19
9.99
0.16
0.10
0.26
(
0.15
)
—
(
0.15
)
10.10
(a)
Based
on
average
shares
outstanding.
(b)
Percentage
is
not
annualized.
(c)
The
expense
ratios
reflect,
among
other
things,
the
interest
expense
deemed
to
have
been
paid
by
the
Fund
on
the
floating
rate
certificates
issued
by
the
special
purpose
trusts
for
the
self-deposited
inverse
floaters
held
by
the
Fund,
where
applicable,
as
described
in
Notes
to
Financial
Statements
and
the
interest
expense
and
fees
paid
on
borrowings,
as
described
in
Notes
to
Financial
Statements.
(d)
Unaudited.
(e)
Annualized.
(f)
Value
rounded
to
zero.
See
Notes
to
Financial
Statements.
Ratio/Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return(b)
Net
Assets,
End
of
Period
(000)
Expenses
Including
Interest(c)
Expenses
Excluding
Interest
NII
(Loss)
Portfolio
Turnover
Rate
(
0
.57
)
%
$
230,199
0
.71
%
(e)
0
.71
%
(e)
2
.01
%
(e)
24
%
0
.77
281,531
0
.69
0
.69
1
.20
52
(
2
.80
)
277,719
0
.67
0
.67
0
.77
37
2
.90
329,109
0
.68
0
.68
1
.08
38
0
.96
259,148
0
.69
0
.69
1
.57
37
2
.42
156,526
0
.72
0
.72
1
.44
45
(
1
.08
)
9,495
1
.51
(e)
1
.51
(e)
1
.21
(e)
24
0
.00
(f)
13,160
1
.49
1
.49
0
.41
52
(
3
.50
)
12,359
1
.47
1
.47
(
0
.02
)
37
2
.08
16,519
1
.48
1
.48
0
.29
38
0
.16
17,781
1
.49
1
.49
0
.77
37
1
.53
6,879
1
.52
1
.52
0
.64
45
(
0
.57
)
295,782
0
.51
(e)
0
.51
(e)
2
.20
(e)
24
0
.98
404,284
0
.49
0
.49
1
.39
52
(
2
.51
)
447,376
0
.47
0
.47
0
.97
37
3
.10
469,157
0
.48
0
.48
1
.28
38
1
.16
440,687
0
.49
0
.49
1
.77
37
2
.62
433,253
0
.52
0
.52
1
.64
45
Notes
to
Financial
Statements
(Unaudited)
1.
General
Information
Trust
and
Fund
Information:
Nuveen
Municipal
Trust
and
Nuveen
Investment
Funds,
Inc.
(each
a
“Trust”
and
collectively,
the
“Trusts”),
are
open-end
management
investment
companies
registered
under
the
Investment
Company
Act
of
1940,
(the
“1940
Act”),
as
amended.
Nuveen
Municipal
Trust
is
comprised
of
Nuveen
All-American
Municipal
Bond
Fund
(“All-American”),
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(“Intermediate
Duration”)
and
Nuveen
Limited
Term
Municipal
Bond
Fund
(“Limited
Term”),
among
others,
and
Nuveen
Investment
Funds,
Inc.
is
comprised
of
Nuveen
Short
Term
Municipal
Bond
Fund
(“Short
Term”),
among
others,
(each
a
“Fund”
and
collectively,
the
“Funds”),
as
diversified
funds.
Nuveen
Municipal
Trust
was
organized
as
a
Massachusetts
business
trust
on
July
1,
1996.
Nuveen
Investment
Funds,
Inc.
was
incorporated
in
the
State
of
Maryland
on
August
20,
1987.
The
Funds,
were
each
organized
as
a
series
of
predecessor
trusts
or
corporations
prior
to
that
date.
Current
Fiscal
Period:
The
end
of
the
reporting
period
for
the
Funds
is
September
30,
2023,
and
the
period
covered
by
these
Notes
to
Financial
Statements
is
the
six
months
ended
September
30,
2023
(the
"current
fiscal
period").
Investment
Adviser
and
Sub-Adviser:
The
Funds’
investment
adviser,
Nuveen
Fund
Advisors,
LLC
(the
“Adviser”),
a
subsidiary
of
Nuveen,
LLC
(“Nuveen”).
Nuveen
is
the
investment
management
arm
of
Teachers
Insurance
and
Annuity
Association
of
America
(TIAA).
The
Adviser
has
overall
responsibility
for
management
of
the
Funds,
oversees
the
management
of
the
Funds’
portfolios,
manages
the
Funds’
business
affairs
and
provides
certain
clerical,
bookkeeping
and
other
administrative
services,
and,
if
necessary,
asset
allocation
decisions.
The
Adviser
has
entered
into
sub-
advisory
agreements
with
Nuveen
Asset
Management,
LLC
(the
“Sub-Adviser”),
a
subsidiary
of
the
Adviser,
under
which
the
Sub-Adviser
manages
the
investment
portfolios
of
the
Funds.
Share
Classes
and
Sales
Charges:
Class
A
Shares
are
generally
sold
with
an
up-front
sales
charge.
Class
A
Shares
purchases
of
$250,000
or
more
are
sold
at
net
asset
value
(“NAV”)
without
an
up-front
sales
charge
but
may
be
subject
to
a
contingent
deferred
sales
charge
(“CDSC”)
of
1%
(0.70%
for
Limited
Term
and
Short
Term)
if
redeemed
within
eighteen
months
(twelve
months
for
Short
Term)
of
purchase.
Class
C
Shares
are
sold
without
an
up-front
sales
charge.
Class
C
Shares
are
subject
to
a
CDSC
of
1%
if
redeemed
within
twelve
months
of
purchase.
Class
C
Shares
automatically
convert
to
Class
A
Shares
eight
years
after
purchase.
Class
R6
Shares
and
Class
I
Shares
are
sold
without
an
up-front
sales
charge.
2.
Significant
Accounting
Policies
The
accompanying
financial
statements
were
prepared
in
accordance
with
accounting
principles
generally
accepted
in
the
United
States
of
America
(“U.S.
GAAP”),
which
may
require
the
use
of
estimates
made
by
management
and
the
evaluation
of
subsequent
events.
Actual
results
may
differ
from
those
estimates.
Each
Fund
is
an
investment
company
and
follows
accounting
guidance
in
the
Financial
Accounting
Standards
Board
(“FASB”)
Accounting
Standards
Codification
946,
Financial
Services
—
Investment
Companies.
The
NAV
for
financial
reporting
purposes
may
differ
from
the
NAV
for
processing
security
and shareholder
transactions.
The
NAV
for
financial
reporting
purposes
includes
security
and
common
share
transactions
through
the
date
of
the
report.
Total
return
is
computed
based
on
the
NAV
used
for
processing
security
and
common
share
transactions.
The
following
is
a
summary
of
the
significant
accounting
policies
consistently
followed
by
the
Funds.
Compensation:
Neither
Trust
pays
compensation
directly
to
those
of its officers,
all
of
whom
receive
remuneration
for
their
services
to
each
Trust
from
the
Adviser
or
its
affiliates.
The
Funds’
Board
of
Directors/Trustees
(the
’’Board’’)
has
adopted
a
deferred
compensation
plan
for
independent
directors/trustees
that
enables
directors/trustees
to
elect
to
defer
receipt
of
all
or
a
portion
of
the
annual
compensation
they
are
entitled
to
receive
from
certain
Nuveen-advised
funds.
Under
the
plan,
deferred
amounts
are
treated
as
though
equal
dollar
amounts
had
been
invested
in
shares
of
select
Nuveen-advised
funds.
Custodian
Fee
Credit:
As
an
alternative
to
overnight
investments,
each
Fund
has
an
arrangement
with
its
custodian
bank,
State
Street
Bank
and
Trust
Company,
(the
“Custodian”)
whereby
certain
custodian
fees
and
expenses
are
reduced
by
net
credits
earned
on
each
Fund’s
cash
on
deposit
with
the
bank.
Credits
for
cash
balances
may
be
offset
by
charges
for
any
days
on
which
a
Fund
overdraws
its
account
at
the
Custodian.
The
amount
of
custodian
fee
credit
earned
by
a
Fund
is
recognized
on
the
Statement
of
Operations
as
a
component
of
“Custodian
expenses,
net.”
During
the
current
reporting
period,
the
custodian
fee
credit
earned
by
each
Fund
was
as
follows:
Distributions
to
Shareholders:
Distributions
to
shareholders
are
recorded
on
the
ex-dividend
date.
The
amount,
character
and
timing
of
distributions
are
determined
in
accordance
with
federal
income
tax
regulations,
which
may
differ
from
U.S.
GAAP.
Fund
Gross
Custodian
Fee
Credits
All-American
$
—
Intermediate
Duration
—
Limited
Term
—
Short
Term
—
Indemnifications:
Under each
Trust’s
organizational
documents,
its
officers
and
directors/trustees
are
indemnified
against
certain
liabilities
arising
out
of
the
performance
of
their
duties
to each
Trust.
In
addition,
in
the
normal
course
of
business, each
Trust
enters
into
contracts
that
provide
general
indemnifications
to
other
parties. Each
Trust’s
maximum
exposure
under
these
arrangements
is
unknown
as
this
would
involve
future
claims
that
may
be
made
against each
Trust
that
have
not
yet
occurred.
However, each
Trust
has
not
had
prior
claims
or
losses
pursuant
to
these
contracts
and
expects
the
risk
of
loss
to
be
remote.
Investments
and
Investment
Income:
Securities
transactions
are
accounted
for
as
of
the
trade
date
for
financial
reporting
purposes.
Realized
gains
and
losses
on
securities
transactions
are
based
upon
the
specific
identification
method.
Investment
Income,
is
comprised
of
interest
income,
which
is
recorded
on
an
accrual
basis
and
includes
accretion
of
discounts
and
amortization
of
premiums
for
financial
reporting
purposes.
Investment
income
also
reflects
payment-in-kind
(“PIK”)
interest
and
paydown
gains
and
losses,
if
any.
PIK
interest
represents
income
received
in
the
form
of
securities
in
lieu
of
cash.
Multiclass
Operations
and
Allocations:
Income
and
expenses
of
the
Funds
that
are
not
directly
attributable
to
a
specific
class
of
shares
are
prorated
among
the
classes
based
on
the
relative
value
of
the
settled
shares
of
each
class.
Expenses
directly
attributable
to
a
class
of
shares
are
recorded
to
the
specific
class.
12b-1
distribution
and
service
fees
are
allocated
on
a
class-specific
basis.
Sub-transfer
agent
fees
and
similar
fees,
which
are
recognized
as
a
component
of
“Shareholder
servicing
agent
fees”
on
the
Statement
of
Operations,
are
not
charged
to
Class
R6
Shares
and
are
prorated
among
the
other
classes
based
on
their
relative
settled
shares.
Realized
and
unrealized
capital
gains
and
losses
of
the
Funds
are
prorated
among
the
classes
based
on
the
relative
net
assets
of
each
class.
Netting
Agreements:
In
the
ordinary
course
of
business,
the
Funds
may
enter
into
transactions
subject
to
enforceable
International
Swaps
and
Derivatives
Association,
Inc.
(ISDA)
master
agreements
or
other
similar
arrangements
(“netting
agreements”).
Generally,
the
right
to
offset
in
netting
agreements
allows
each
Fund
to
offset
certain
securities
and
derivatives
with
a
specific
counterparty,
when
applicable,
as
well
as
any
collateral
received
or
delivered
to
that
counterparty
based
on
the
terms
of
the
agreements.
Generally,
each
Fund
manages
its
cash
collateral
and
securities
collateral
on
a
counterparty
basis.
With
respect
to
certain
counterparties,
in
accordance
with
the
terms
of
the
netting
agreements,
collateral
posted
to
the
Funds
is
held
in
a
segregated
account
by
the
Funds’
custodian
and/or
with
respect
to
those
amounts
which
can
be
sold
or
repledged,
are
presented
in
the
Funds’
Portfolio
of
Investments
or
Statement
of
Assets
and
Liabilities.
The
Funds’
investments
subject
to
netting
agreements
as
of
the
end
of
the
reporting
period,
if
any,
are
further
described
later
in
these
Notes
to
Financials.
New
Accounting
Pronouncement:
In
March
2020,
FASB
issued
Accounting
Standards
Update
(“ASU”)
2020-04,
Reference
Rate
Reform:
Facilitation
of
the
Effects
of
Reference
Rate
Reform
on
Financial
Reporting.
The
main
objective
of
the
new
guidance
is
to
provide
relief
to
companies
that
will
be
impacted
by
the
expected
change
in
benchmark
interest
rates,
when
participating
banks
will
no
longer
be
required
to
submit
London
Interbank
Offered
Rate
(LIBOR)
quotes
by
the
UK
Financial
Conduct
Authority
(FCA).
The
new
guidance
allows
companies
to,
provided
the
only
change
to
existing
contracts
are
a
change
to
an
approved
benchmark
interest
rate,
account
for
modifications
as
a
continuance
of
the
existing
contract
without
additional
analysis.
For
new
and
existing
contracts,
the
Funds
may
elect
to
apply
the
amendments
as
of
March
12,
2020
through
December
31,
2022.
In
December
2022,
FASB
deferred
ASU
2022-04
and
issued
ASU
2022-06,
Reference
Rate
Reform:
Deferral
of
the
Sunset
Date
of
Topic
848,
which
extends
the
application
of
the
amendments
through
December
31,
2024. Management
has
not
yet
elected
to
apply
the
amendments,
is
continuously
evaluating
the
potential
effect
a
discontinuation
of
LIBOR
could
have
on
the
Funds’
investments
and
has
currently
determined
that
it
is
unlikely
the
ASU’s
adoption
will
have
a
significant
impact
on
the
Funds’
financial
statements
and
various
filings.
3.
Investment
Valuation
and
Fair
Value
Measurements
The
Funds’
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Adviser,
subject
to
oversight
of
the Board.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
–
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
–
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
–
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
A
description
of
the
valuation
techniques
applied
to
the
Funds’
major
classifications
of
assets
and
liabilities
measured
at
fair
value
follows:
Equity
securities
and
exchange-traded
funds
listed
or
traded
on
a
national
market
or
exchange
are
valued
based
on
their
last
reported sales
price
or
official
closing
price of such
market
or
exchange
on
the
valuation
date.
Foreign
equity
securities
and
registered
investment
companies
that
trade
on
a
foreign
exchange
are
valued
at
the
last
reported sales
price
or
official
closing
price
on
the
principal
exchange
where
traded,
and
converted
to
U.S.
dollars
at
the
prevailing
rates
of
exchange
on
the valuation
date.
For
events affecting
the value
of
foreign
securities
between
the
time
when
the
exchange
on
which
they
are
traded
closes
and
the
time
when
the
Funds'
net
assets
are
calculated,
such
securities
will
be
valued
at
fair
value
in
Notes
to
Financial
Statements
(Unaudited)
(continued)
accordance
with
procedures
adopted
by
the
Adviser,
subject
to
the
oversight
of
the
Board. To
the
extent
these
securities
are
actively
traded
and
no
valuation
adjustments
are
applied,
they
are
generally
classified
as
Level
1. When
valuation
adjustments
are
applied
to
the
most
recent
last
sales
price
or
official
closing
price, these
securities
are
generally
classified
as
Level
2.
Prices
of
fixed-income
securities
are
generally
provided
by
pricing
services
approved
by
the
Adviser,
which
is
subject
to
review
by
the
Adviser
and
oversight
of
the
Board. Pricing
services
establish
a
security’s
fair
value
using
methods
that
may
include
consideration
of
the
following:
yields
or
prices
of
investments
of
comparable
quality,
type
of
issue,
coupon,
maturity
and
rating,
market
quotes
or
indications
of
value
from
security
dealers,
evaluations
of
anticipated
cash
flows
or
collateral,
general
market
conditions
and
other
information
and
analysis,
including
the
obligor’s
credit
characteristics
considered
relevant.
In
pricing
certain
securities,
particularly
less
liquid
and
lower
quality
securities,
pricing
services
may
consider
information
about
a
security,
its
issuer
or
market
activity
provided
by
the
Adviser.
These
securities
are
generally
classified
as
Level
2.
For
any
portfolio
security
or
derivative
for
which
market
quotations
are
not
readily
available
or
for
which
the
Adviser
deems
the
valuations
derived
using
the
valuation
procedures
described
above
not
to
reflect
fair
value,
the
Adviser
will
determine
a
fair
value
in
good
faith
using
alternative
procedures
approved
by
the
Adviser,
subject
to
the
oversight
of
the
Board.
As
a
general
principle,
the
fair
value
of
a
security
is
the
amount
that
the
owner
might
reasonably
expect
to
receive
for
it
in
a
current
sale.
A
variety
of
factors
may
be
considered
in
determining
the
fair
value
of
such
securities,
which
may
include
consideration
of
the
following:
yields
or
prices
of
investments
of
comparable
quality,
type
of
issue,
coupon,
maturity
and
rating,
market
quotes
or
indications
of
value
from
security
dealers,
evaluations
of
anticipated
cash
flows
or
collateral,
general
market
conditions
and
other
information
and
analysis,
including
the
obligor’s
credit
characteristics
considered
relevant.
To
the
extent
the
inputs
are
observable
and
timely,
the
values
would
be
classified
as
Level
2;
otherwise
they
would
be
classified
as
Level
3.
The
following
table
summarizes
the
market
value
of
the
Funds’
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
The
Funds
hold
liabilities
in
floating
rate
obligations,
where
applicable,
which
are
not
reflected
in
the
tables
above.
The
fair
values
of
the
Funds'
liabilities
for
floating
rate
obligations
approximate
their
liquidation
values.
Floating
rate
obligations
are
generally
classified
as
Level
2
and
further
described
in
these
Notes
to
Financial
Statements.
All-American
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Municipal
Bonds
$
–
$
4,333,356,234
$
2,901,401*
$
4,336,257,635
Common
Stocks
–
59,209,661
–
59,209,661
Asset-Backed
and
Mortgage-Backed
Securities
–
3,872,230
–
3,872,230
Variable
Rate
Senior
Loan
Interests
–
–
117,470*
117,470
Short-Term
Investments:
Municipal
Bonds
–
57,000,000
–
57,000,000
Total
$
–
$
4,453,438,125
$
3,018,871
$
4,456,456,996
Intermediate
Duration
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Municipal
Bonds
$
–
$
6,990,575,410
$
6,321*
$
6,990,581,731
Common
Stocks
–
212,572,748
–
212,572,748
Asset-Backed
and
Mortgage-Backed
Securities
–
18,685,309
–
18,685,309
Total
$
–
$
7,221,833,467
$
6,321
$
7,221,839,788
Limited
Term
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Municipal
Bonds
$
–
$
5,365,321,263
$
–
$
5,365,321,263
Common
Stocks
–
224,369,766
–
224,369,766
Short-Term
Investments:
Municipal
Bonds
–
5,900,000
–
5,900,000
Total
$
–
$
5,595,591,029
$
–
$
5,595,591,029
Short
Term
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Municipal
Bonds
$
–
$
532,311,283
$
–
$
532,311,283
Common
Stocks
–
1,766,622
–
1,766,622
Total
$
–
$
534,077,905
$
–
$
534,077,905
*
Refer
to
the
Fund's
Portfolio
of
Investments
for
securities
classified
as
Level
3.
4.
Portfolio
Securities
Inverse
Floating
Rate
Securities:
Each
Fund
is
authorized
to
invest
in
inverse
floating
rate
securities.
An
inverse
floating
rate
security
is
created
by
depositing
a
municipal
bond
(referred
to
as
an
“Underlying
Bond”),
typically
with
a
fixed
interest
rate,
into
a
special
purpose
tender
option
bond
(“TOB”)
trust
(referred
to
as
the
“TOB
Trust”)
created
by
or
at
the
direction
of
one
or
more
Funds.
In
turn,
the
TOB
Trust
issues
(a)
floating
rate
certificates
(referred
to
as
“Floaters”),
in
face
amounts
equal
to
some
fraction
of
the
Underlying
Bond’s
par
amount
or
market
value,
and
(b)
an
inverse
floating
rate
certificate
(referred
to
as
an
“Inverse
Floater”)
that
represents
all
remaining
or
residual
interest
in
the
TOB
Trust.
Floaters
typically
pay
short-term
tax-exempt
interest
rates
to
third
parties
who
are
also
provided
a
right
to
tender
their
certificate
and
receive
its
par
value,
which
may
be
paid
from
the
proceeds
of
a
remarketing
of
the
Floaters,
by
a
loan
to
the
TOB
Trust
from
a
third
party
liquidity
provider
(“Liquidity
Provider”),
or
by
the
sale
of
assets
from
the
TOB
Trust.
The
Inverse
Floater
is
issued
to
a
long
term
investor,
such
as
one
or
more
Funds.
The
income
received
by
the
Inverse
Floater
holder
varies
inversely
with
the
short-term
rate
paid
to
holders
of
the
Floaters,
and
in
most
circumstances
the
Inverse
Floater
holder
bears
substantially
all
of
the
Underlying
Bond’s
downside
investment
risk
and
also
benefits
disproportionately
from
any
potential
appreciation
of
the
Underlying
Bond’s
value.
The
value
of
an
Inverse
Floater
will
be
more
volatile
than
that
of
the
Underlying
Bond
because
the
interest
rate
is
dependent
on
not
only
the
fixed
coupon
rate
of
the
Underlying
Bond
but
also
on
the
short-term
interest
paid
on
the
Floaters,
and
because
the
Inverse
Floater
essentially
bears
the
risk
of
loss
(and
possible
gain)
of
the
greater
face
value
of
the
Underlying
Bond.
The
Inverse
Floater
held
by
a
Fund
gives
the
Fund
the
right
to
(a)
cause
the
holders
of
the
Floaters
to
tender
their
certificates
at
par
(or
slightly
more
than
par
in
certain
circumstances),
and
(b)
have
the
trustee
of
the
TOB
Trust
(the
“Trustee”)
transfer
the
Underlying
Bond
held
by
the
TOB
Trust
to
the
Fund,
thereby
collapsing
the
TOB
Trust.
The
Fund
may
acquire
an
Inverse
Floater
in
a
transaction
where
it
(a)
transfers
an
Underlying
Bond
that
it
owns
to
a
TOB
Trust
created
by
a
third
party
or
(b)
transfers
an
Underlying
Bond
that
it
owns,
or
that
it
has
purchased
in
a
secondary
market
transaction
for
the
purpose
of
creating
an
Inverse
Floater,
to
a
TOB
Trust
created
at
its
direction,
and
in
return
receives
the
Inverse
Floater
of
the
TOB
Trust
(referred
to
as
a
“self-deposited
Inverse
Floater”).
A
Fund
may
also
purchase
an
Inverse
Floater
in
a
secondary
market
transaction
from
a
third
party
creator
of
the
TOB
Trust
without
first
owning
the
Underlying
Bond
(referred
to
as
an
“externally-deposited
Inverse
Floater”).
An
investment
in
a
self-deposited
Inverse
Floater
is
accounted
for
as
a
“financing”
transaction
(i.e.,
a
secured
borrowing).
For
a
self-deposited
Inverse
Floater,
the
Underlying
Bond
deposited
into
the
TOB
Trust
is
identified
in
the
Fund’s
Portfolio
of
Investments
as
“(UB)
–
Underlying
bond
of
an
inverse
floating
rate
trust
reflected
as
a
financing
transaction,”
with
the
Fund
recognizing
as
liabilities,
labeled
“Floating
rate
obligations”
on
the
Statement
of
Assets
and
Liabilities,
(a)
the
liquidation
value
of
Floaters
issued
by
the
TOB
Trust,
and
(b)
the
amount
of
any
borrowings
by
the
TOB
Trust
from
a
Liquidity
Provider
to
enable
the
TOB
Trust
to
purchase
outstanding
Floaters
in
lieu
of
a
remarketing.
In
addition,
the
Fund
recognizes
in
“Investment
Income”
the
entire
earnings
of
the
Underlying
Bond,
and
recognizes
(a)
the
interest
paid
to
the
holders
of
the
Floaters
or
on
the
TOB
Trust’s
borrowings,
and
(b)
other
expenses
related
to
remarketing,
administration,
trustee,
liquidity
and
other
services
to
a
TOB
Trust,
as
a
component
of
“Interest
expense”
on
the
Statement
of
Operations.
Earnings
due
from
the
Underlying
Bond
and
interest
due
to
the
holders
of
the
Floaters
as
of
the
end
of
the
reporting
period
are
recognized
as
components
of
“Receivable
for
interest”
and
“Payable
for
interest”
on
the
Statement
of
Assets
and
Liabilities,
respectively.
In
contrast,
an
investment
in
an
externally-deposited
Inverse
Floater
is
accounted
for
as
a
purchase
of
the
Inverse
Floater
and
is
identified
in
the
Fund’s
Portfolio
of
Investments
as
“(IF)
–
Inverse
floating
rate
investment.”
For
an
externally-deposited
Inverse
Floater,
a
Fund’s
Statement
of
Assets
and
Liabilities
recognizes
the
Inverse
Floater
and
not
the
Underlying
Bond
as
an
asset,
and
the
Fund
does
not
recognize
the
Floaters,
or
any
related
borrowings
from
a
Liquidity
Provider,
as
a
liability.
Additionally,
the
Fund
reflects
in
“Investment
Income”
only
the
net
amount
of
earnings
on
the
Inverse
Floater
(net
of
the
interest
paid
to
the
holders
of
the
Floaters
or
the
Liquidity
Provider
as
lender,
and
the
expenses
of
the
Trust),
and
does
not
show
the
amount
of
that
interest
paid
or
the
expenses
of
the
TOB
Trust
as
described
above
as
interest
expense
on
the
Statement
of
Operations.
Fees
paid
upon
the
creation
of
a
TOB
Trust
for
self-deposited
Inverse
Floaters
and
externally-deposited
Inverse
Floaters
are
recognized
as
part
of
the
cost
basis
of
the
Inverse
Floater
and
are
capitalized
over
the
term
of
the
TOB
Trust.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
Floaters
issued
by
each
Fund’s
TOB
Trust
for
self-deposited
Inverse
Floaters
and
externally-deposited
Inverse
Floaters
was
as
follows:
During
the
current
fiscal
period,
the
average
amount
of
Floaters
(including
any
borrowings
from
a
Liquidity
Provider)
outstanding,
and
the
average
annual
interest
rates
and
fees
related
to
self-deposited
Inverse
Floaters,
were
as
follows:
Fund
Floating
Rate
Obligations:
Self-
Deposited
Inverse
Floaters
Floating
Rate
Obligations:
Externally-Deposited
Inverse
Floaters
Total
All-American
$
54,020,000
$
—
$
54,020,000
Intermediate
Duration
—
—
—
Limited
Term
—
—
—
Short
Term
—
—
—
Notes
to
Financial
Statements
(Unaudited)
(continued)
TOB
Trusts
are
supported
by
a
liquidity
facility
provided
by
a
Liquidity
Provider
pursuant
to
which
the
Liquidity
Provider
agrees,
in
the
event
that
Floaters
are
(a)
tendered
to
the
Trustee
for
remarketing
and
the
remarketing
does
not
occur,
or
(b)
subject
to
mandatory
tender
pursuant
to
the
terms
of
the
TOB
Trust
agreement,
to
either
purchase
Floaters
or
to
provide
the
Trustee
with
an
advance
from
a
loan
facility
to
fund
the
purchase
of
Floaters
by
the
TOB
Trust.
In
certain
circumstances,
the
Liquidity
Provider
may
otherwise
elect
to
have
the
Trustee
sell
the
Underlying
Bond
to
retire
the
Floaters
that
were
tendered
and
not
remarketed
prior
to
providing
such
a
loan.
In
these
circumstances,
the
Liquidity
Provider
remains
obligated
to
provide
a
loan
to
the
extent
that
the
proceeds
of
the
sale
of
the
Underlying
Bond
are
not
sufficient
to
pay
the
purchase
price
of
the
Floaters.
The
size
of
the
commitment
under
the
loan
facility
for
a
given
TOB
Trust
is
at
least
equal
to
the
balance
of
that
TOB
Trust’s
outstanding
Floaters
plus
any
accrued
interest.
In
consideration
of
the
loan
facility,
fee
schedules
are
in
place
and
are
charged
by
the
Liquidity
Provider(s).
Any
loans
made
by
the
Liquidity
Provider
will
be
secured
by
the
purchased
Floaters
held
by
the
TOB
Trust.
Interest
paid
on
any
outstanding
loan
balances
will
be
effectively
borne
by
the
Fund
that
owns
the
Inverse
Floaters
of
the
TOB
Trust
that
has
incurred
the
borrowing
and
may
be
at
a
rate
that
is
greater
than
the
rate
that
would
have
been
paid
had
the
Floaters
been
successfully
remarketed.
As
described
above,
any
amounts
outstanding
under
a
liquidity
facility
are
recognized
as
a
component
of
“Floating
rate
obligations”
on
the
Statement
of
Assets
and
Liabilities
by
the
Fund
holding
the
corresponding
Inverse
Floaters
issued
by
the
borrowing
TOB
Trust.
As
of
the
end
of
the
reporting
period,
there
were
no
loans
outstanding
under
any
such
facility.
Each
Fund
may
also
enter
into
shortfall
and
forbearance
agreements
(sometimes
referred
to
as
a
“recourse
arrangement”)
(TOB
Trusts
involving
such
agreements
are
referred
to
herein
as
“Recourse
Trusts”),
under
which
a
Fund
agrees
to
reimburse
the
Liquidity
Provider
for
the
Trust’s
Floaters,
in
certain
circumstances,
for
the
amount
(if
any)
by
which
the
liquidation
value
of
the
Underlying
Bond
held
by
the
TOB
Trust
may
fall
short
of
the
sum
of
the
liquidation
value
of
the
Floaters
issued
by
the
TOB
Trust
plus
any
amounts
borrowed
by
the
TOB
Trust
from
the
Liquidity
Provider,
plus
any
shortfalls
in
interest
cash
flows
(sometimes
referred
to
as
“shortfall
payments”).
Under
these
agreements,
a
Fund’s
potential
exposure
to
losses
related
to
or
on
an
Inverse
Floater
may
increase
beyond
the
value
of
the
Inverse
Floater
as
a
Fund
may
potentially
be
liable
to
fulfill
all
amounts
owed
to
holders
of
the
Floaters
or
the
Liquidity
Provider.
Any
such
shortfall
amount
in
the
aggregate
is
recognized
as
“Unrealized
depreciation
on
Recourse
Trusts”
on
the
Statement
of
Assets
and
Liabilities.
As
of
the
end
of
the
current
fiscal
period,
the
Funds
maximum
exposure
to
the
Floaters
issued
by
Recourse
Trusts
for
self-deposited
Inverse
Floaters
and
externally-deposited
Inverse
Floaters
was
as
follows:
Zero
Coupon
Securities:
A
zero
coupon
security
does
not
pay
a
regular
interest
coupon
to
its
holders
during
the
life
of
the
security.
Income
to
the
holder
of
the
security
comes
from
accretion
of
the
difference
between
the
original
purchase
price
of
the
security
at
issuance
and
the
par
value
of
the
security
at
maturity
and
is
effectively
paid
at
maturity.
The
market
prices
of
zero
coupon
securities
generally
are
more
volatile
than
the
market
prices
of
securities
that
pay
interest
periodically.
Purchases
and
Sales:
Long-term
purchases
and
sales
during
the
current fiscal
period
were
as
follows:
Fund
Average
Floating
Rate
Obligations
Outstanding
Average
Annual
Interest
Rate
And
Fees
All-American
$
136,427,877
3.34
%
Intermediate
Duration
—
—
Limited
Term
—
—
Short
Term
—
—
Fund
Maximum
Exposure
to
Recourse
Trusts:
Self-Deposited
Inverse
Floaters
Maximum
Exposure
to
Recourse
Trusts:
Externally-Deposited
Inverse
Floaters
Total
All-American
$
54,020,000
$
—
$
54,020,000
Intermediate
Duration
—
—
—
Limited
Term
—
—
—
Short
Term
—
—
—
Fund
Non-U.S.
Government
Purchases
U.S.
Government
Purchases
Non-U.S.
Government
Sales
and
Maturities
U.S.
Government
Sales
All-American
$
1,309,484,036
$
—
$
1,376,450,517
$
—
Intermediate
Duration
912,600,406
3,562,793
1,266,903,271
25,437
Limited
Term
765,466,156
—
1,685,312,684
—
Short
Term
144,240,372
—
289,056,283
—
The
Funds
may
purchase
securities
on
a
when-issued
or
delayed-delivery
basis.
Securities
purchased
on
a
when-issued
or
delayed-delivery
basis
may
have
extended
settlement
periods;
interest
income
is
not
accrued
until
settlement
date.
Any
securities
so
purchased
are
subject
to
market
fluctuation
during
this
period. If
a
Fund
has
outstanding
when-issued/delayed-delivery
purchases
commitments
as
of
the
end
of
the
reporting
period,
such
amounts
are
recognized
on
the
Statement
of
Assets
and
Liabilities.
5.
Derivative
Investments
Each
Fund
is
authorized
to
invest
in
certain
derivative
instruments.
As
defined
by
U.S.
GAAP,
a
derivative
is
a
financial
instrument
whose
value
is
derived
from
an
underlying
security
price,
foreign
exchange
rate,
interest
rate,
index
of
prices
or
rates,
or
other
variables.
Investments
in
derivatives
as
of
the
end
of
and/or
during
the
current
fiscal
period,
if
any,
are
included
within
the
Statement
of
Assets
and
Liabilities
and
the
Statement
of
Operations,
respectively.
Market
and
Counterparty
Credit
Risk:
In
the
normal
course
of
business
each
Fund
may
invest
in
financial
instruments
and
enter
into
financial
transactions
where
risk
of
potential
loss
exists
due
to
changes
in
the
market
(market
risk)
or
failure
of
the
other
party
to
the
transaction
to
perform
(counterparty
credit
risk).
The
potential
loss
could
exceed
the
value
of
the
financial
assets
recorded
on
the
financial
statements.
Financial
assets,
which
potentially
expose
each
Fund
to
counterparty
credit
risk,
consist
principally
of
cash
due
from
counterparties
on
forward,
option
and
swap
transactions,
when
applicable.
The
extent
of
each
Fund’s
exposure
to
counterparty
credit
risk
in
respect
to
these
financial
assets
approximates
their
carrying
value
as
recorded
on
the
Statement
of
Assets
and
Liabilities.
Each
Fund
helps
manage
counterparty
credit
risk
by
entering
into
agreements
only
with
counterparties
the
Adviser
believes
have
the
financial
resources
to
honor
their
obligations
and
by
having
the
Adviser
monitor
the
financial
stability
of
the
counterparties.
Additionally,
counterparties
may
be
required
to
pledge
collateral
daily
(based
on
the
daily
valuation
of
the
financial
asset)
on
behalf
of
each
Fund
with
a
value
approximately
equal
to
the
amount
of
any
unrealized
gain
above
a
pre-determined
threshold.
Reciprocally,
when
each
Fund
has
an
unrealized
loss,
the
Funds
have
instructed
the
custodian
to
pledge
assets
of
the
Funds
as
collateral
with
a
value
approximately
equal
to
the
amount
of
the
unrealized
loss
above
a
pre-determined
threshold.
Collateral
pledges
are
monitored
and
subsequently
adjusted
if
and
when
the
valuations
fluctuate,
either
up
or
down,
by
at
least
the
pre-determined
threshold
amount.
6.
Fund
Shares
Transactions
in Fund
shares
during
the
current
and
prior
fiscal
period
were
as
follows:
nning
Six
Months
Ended
9/30/23
Year
Ended
3/31/23
All-American
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
14,469,954
$145,434,571
57,880,697
$587,762,385
Class
A
-
automatic
conversion
of
Class
C
13,866
140,143
48,335
495,395
Class
C
691,721
6,942,637
3,477,596
35,253,323
Class
R6
3,476,645
34,993,580
11,973,620
122,446,849
Class
I
34,651,100
349,802,412
174,308,818
1,788,167,868
Total
subscriptions
53,303,286
537,313,343
247,689,066
2,534,125,820
Reinvestments
of
distributions:
Class
A
3,405,176
34,014,491
6,965,823
70,611,282
Class
C
217,513
2,174,206
464,633
4,709,947
Class
R6
163,535
1,641,620
368,482
3,757,721
Class
I
3,306,175
33,172,413
7,247,738
73,888,008
Total
reinvestments
of
distributions
7,092,399
71,002,730
15,046,676
152,966,958
Redemptions:
Class
A
(26,627,528)
(267,066,680)
(118,734,549)
(1,208,450,100)
Class
C
(3,322,085)
(33,366,850)
(9,712,827)
(98,745,287)
Class
C
-
automatic
conversion
to
Class
A
(13,864)
(140,143)
(48,332)
(495,395)
Class
R6
(2,883,135)
(29,122,867)
(12,621,023)
(129,054,830)
Class
I
(47,891,768)
(481,416,784)
(340,737,207)
(3,487,500,230)
Total
redemptions
(80,738,380)
(811,113,324)
(481,853,938)
(4,924,245,842)
Net
increase
(decrease)
(20,342,695)
$(202,797,251)
(219,118,196)
$(2,237,153,064)
Notes
to
Financial
Statements
(Unaudited)
(continued)
Six
Months
Ended
9/30/23
Year
Ended
3/31/23
Intermediate
Duration
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
5,938,174
$51,636,889
42,575,714
$370,551,557
Class
A
-
automatic
conversion
of
Class
C
956
8,238
3,087
27,068
Class
C
246,733
2,143,441
1,825,035
15,800,739
Class
I
115,154,838
1,001,601,467
639,391,383
5,576,213,957
Total
subscriptions
121,340,701
1,055,390,035
683,795,219
5,962,593,321
Reinvestments
of
distributions:
Class
A
1,066,490
9,231,375
2,001,437
17,404,317
Class
C
38,233
331,085
70,745
615,322
Class
I
7,996,167
69,406,442
14,194,503
123,836,193
Total
reinvestments
of
distributions
9,100,890
78,968,902
16,266,685
141,855,832
Redemptions:
Class
A
(13,204,036)
(114,798,618)
(52,011,717)
(451,627,877)
Class
C
(866,194)
(7,521,096)
(3,078,464)
(26,735,384)
Class
C
-
automatic
conversion
to
Class
A
(956)
(8,238)
(3,087)
(27,068)
Class
I
(163,309,454)
(1,416,037,040)
(812,344,036)
(7,083,059,399)
Total
redemptions
(177,380,640)
(1,538,364,992)
(867,437,304)
(7,561,449,728)
Net
increase
(decrease)
(46,939,049)
$(404,006,055)
(167,375,400)
$(1,457,000,575)
Six
Months
Ended
9/30/23
Year
Ended
3/31/23
Limited
Term
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
5,239,039
$56,628,694
29,578,320
$318,236,925
Class
A
-
automatic
conversion
of
Class
C
27,069
293,260
9,343
100,335
Class
C
100,913
1,083,908
1,403,341
15,008,905
Class
I
48,455,228
520,715,524
285,276,514
3,057,235,836
Total
subscriptions
53,822,249
578,721,386
316,267,518
3,390,582,001
Reinvestments
of
distributions:
Class
A
853,917
9,180,694
1,274,997
13,728,392
Class
C
23,792
254,811
21,374
229,396
Class
I
3,886,595
41,624,995
6,041,863
64,799,368
Total
reinvestments
of
distributions
4,764,304
51,060,500
7,338,234
78,757,156
Redemptions:
Class
A
(19,322,259)
(208,440,374)
(64,275,760)
(691,062,568)
Class
C
(1,067,914)
(11,467,935)
(3,369,428)
(36,075,498)
Class
C
-
automatic
conversion
to
Class
A
(27,169)
(293,260)
(9,380)
(100,335)
Class
I
(134,259,459)
(1,442,349,368)
(407,440,113)
(4,357,875,630)
Total
redemptions
(154,676,801)
(1,662,550,937)
(475,094,681)
(5,085,114,031)
Net
increase
(decrease)
(96,090,248)
$(1,032,769,051)
(151,488,929)
$(1,615,774,874)
7.
Income
Tax
Information
Each
Fund
is
a
separate
taxpayer
for
federal
income
tax
purposes.
Each
Fund
intends
to
distribute
substantially
all
of
its
net
investment
income
and
net
capital
gains
to
shareholders
and
otherwise
comply
with
the
requirements
of
Subchapter
M
of
the
Internal
Revenue
Code
applicable
to
regulated
investment
companies.
Therefore,
no
federal
income
tax
provision
is
required.
Each
Fund
intends
to
satisfy
conditions
that
will
enable
interest
from
municipal
securities,
which
is
exempt
from
regular
federal
income
tax,
to
retain
such
tax-exempt
status
when
distributed
to
shareholders
of
the
Funds.
Net
realized
capital
gains
and
ordinary
income
distributions
paid
by
the
Funds
are
subject
to
federal
taxation.
Each
Fund
files
income
tax
returns
in
U.S.
federal
and
applicable
state
and
local
jurisdictions.
A
Fund's
federal
income
tax
returns
are
generally
subject
to
examination
for
a
period
of
three
fiscal
years
after
being
filed.
State
and
local
tax
returns
may
be
subject
to
examination
for
an
additional
period
of
time
depending
on
the
jurisdiction.
Management
has
analyzed
each
Fund's
tax
positions
taken
for
all
open
tax
years
and
has
concluded
that
no
provision
for
income
tax
is
required
in
the
Fund's
financial
statements.
As
of
the
end
of
the
reporting
period,
the
aggregate
cost
and
the
net
unrealized
appreciation/(depreciation)
of
all
investments
for
federal
income
tax
purposes
were
as
follows:
For
purposes
of
this
disclosure,
tax
cost
generally
includes
the
cost
of
portfolio
investments
as
well
as
up-front
fees
or
premiums
exchanged
on
derivatives
and
any
amounts
unrealized
for
income
statement
reporting
but
realized
income
and/or
capital
gains
for
tax
reporting,
if
applicable.
As
of
prior
fiscal
period
end,
the
components
of
accumulated
earnings
on
a
tax
basis
were
as
follows:
Six
Months
Ended
9/30/23
Year
Ended
3/31/23
Short
Term
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
1,294,357
$12,604,531
27,412,627
$266,574,871
Class
A
-
automatic
conversion
of
Class
C
2
22
1,072
10,527
Class
C
69,827
675,913
1,311,490
12,711,945
Class
I
3,353,142
32,687,336
41,372,385
403,091,208
Total
subscriptions
4,717,328
45,967,802
70,097,574
682,388,551
Reinvestments
of
distributions:
Class
A
222,918
2,165,597
287,791
2,802,175
Class
C
5,368
51,928
3,906
37,908
Class
I
240,569
2,340,123
346,523
3,378,734
Total
reinvestments
of
distributions
468,855
4,557,648
638,220
6,218,817
Redemptions:
Class
A
(6,384,991)
(62,180,777)
(27,224,185)
(265,305,298)
Class
C
(435,533)
(4,231,372)
(1,227,885)
(11,935,039)
Class
C
-
automatic
conversion
to
Class
A
(2)
(22)
(1,077)
(10,527)
Class
I
(14,182,637)
(138,240,539)
(45,971,948)
(448,006,778)
Total
redemptions
(21,003,163)
(204,652,710)
(74,425,095)
(725,257,642)
Net
increase
(decrease)
(15,816,980)
$(154,127,260)
(3,689,301)
$(36,650,274)
Fund
Tax
Cost
Gross
Unrealized
Appreciation
Gross
Unrealized
(Depreciation)
Net
Unrealized
Appreciation
(Depreciation)
All-American
$
4,563,892,066
$
84,246,122
$
(245,701,192)
$
(161,455,070)
Intermediate
Duration
7,720,999,025
181,776,609
(680,935,846)
(499,159,237)
Limited
Term
5,754,223,931
175,943,563
(334,576,465)
(158,632,902)
Short
Term
544,103,814
1,212,177
(11,238,086)
(10,025,909)
Fund
Undistributed
Tax-Exempt
Income
1
Undistributed
Ordinary
Income
Undistributed
Long-Term
Capital
Gains
Unrealized
Appreciation
(Depreciation)
Capital
Loss
Carryforwards
Late-Year
Loss
Deferrals
Other
Book-to-Tax
Differences
Total
All-American
$
14,911,381
$
257,252
$
—
$
(2,446,253)
$
(986,407,293)
$
—
$
(14,628,205)
$
(988,313,118)
Intermediate
Duration
16,717,785
—
—
(234,908,625)
(198,329,523)
—
(17,647,063)
(434,167,426)
Limited
Term
19,497,111
143,359
—
(44,899,984)
(158,399,870)
—
(10,745,323)
(194,404,707)
Short
Term
1,940,880
—
—
(7,251,349)
(10,908,594)
—
(1,026,444)
(17,245,507)
1
Undistributed
tax-exempt
income
(on
a
tax
basis)
has
not
been
reduced
for
the
dividends
declared
during
the
period
March
1,
2023
through
March
31,
2023
and
paid
on
April
3,
2023.
Notes
to
Financial
Statements
(Unaudited)
(continued)
As
of
prior
fiscal
period
end,
the
Funds
had
capital
loss
carryforwards,
which
will
not
expire:
8.
Management
Fees
and
Other
Transactions
with
Affiliates
Management
Fees:
Each
Fund’s
management
fee
compensates
the
Adviser
for
the
overall
investment
advisory
and
administrative
services
and
general
office
facilities.
The
Sub-Adviser
is
compensated
for
its
services
to
the
Funds
from
the
management
fees
paid
to
the
Adviser.
Each
Fund’s
management
fee
consists
of
two
components
–
a
fund-level
fee,
based
only
on
the
amount
of
assets
within
each
individual
Fund,
and
a
complex-level
fee,
based
on
the
aggregate
amount
of
all
eligible
fund
assets
managed
by
the
Adviser.
This
pricing
structure
enables
each
Fund’s
shareholders
to
benefit
from
growth
in
the
assets
within
their
respective
Fund
as
well
as
from
growth
in
the
amount
of
complex-wide
assets
managed
by
the
Adviser.
The
annual
fund-level
fee,
payable
monthly,
for
each
Fund
was
calculated
according
to
the
following
schedule:
The
annual
complex-level
fee,
payable
monthly,
for
each
Fund
is
calculated
according
to
the
following
schedule:
*
The
complex-level
fee
is
calculated
based
upon
the
aggregate
daily
“eligible
assets”
of
all
Nuveen
open-end
and
closed-end
funds.
Eligible
assets
do
not
include
assets
attributable
to
investments
in
other
Nuveen
funds
or
assets
in
excess
of
a
determined
amount
(originally
$2
billion)
added
to
the
Nuveen
fund
complex
in
connection
with
the
Adviser’s
assumption
of
the
management
of
the
former
First
American
Funds
effective
January
1,
2011,
but
do
include
certain
assets
of
certain
Nuveen
funds
that
were
reorganized
into
funds
advised
by
an
affiliate
of
the
Adviser
during
the
2019
calendar
year.
Eligible
assets
include
closed-end
fund
assets
managed
by
the
Adviser
that
are
attributable
to
certain
types
of
leverage.
For
these
purposes,
leverage
includes
the
closed-end
funds’
use
of
preferred
stock
and
borrowings
and
certain
investments
in
the
residual
interest
certificates
(also
called
inverse
floating
rate
securities)
Fund
Short-Term
Long-Term
Total
All-American
1
$
492,653,492
$
493,753,801
$
986,407,293
Intermediate
Duration
80,512,388
117,817,135
198,329,523
Limited
Term
40,647,684
117,752,186
158,399,870
Short
Term
2,192,797
8,715,797
10,908,594
1
A
portion
of
All-American's
capital
loss
carryforward
is
subject
to
an
annual
limitation
under
the
Internal
Revenue
Code
and
related
regulations.
Average
Daily
Net
Assets
All-
American
Intermediate
Duration
Limited
Term
Short
Term
For
the
first
$125
million
0.3000
%
0.3000
%
0.2500
%
0.2500
%
For
the
next
$125
million
0.2875
0.2875
0.2375
0.2375
For
the
next
$250
million
0.2750
0.2750
0.2250
0.2250
For
the
next
$500
million
0.2625
0.2625
0.2125
0.2125
For
the
next
$1
billion
0.2500
0.2500
0.2000
0.2000
For
the
next
$3
billion
0.2250
0.2250
0.1750
0.1750
For
the
next
$5
billion
0.2000
0.2000
0.1500
0.1500
For
net
assets
over
$10
billion
and
greater
0.1875
0.1875
0.1375
0.1375
Complex-Level
Eligible
Asset
Breakpoint
Level*
Effective
Complex-Level
Fee
Rate
at
Breakpoint
Level
$55
billion
0.2000
%
$56
billion
0.1996
$57
billion
0.1989
$60
billion
0.1961
$63
billion
0.1931
$66
billion
0.1900
$71
billion
0.1851
$76
billion
0.1806
$80
billion
0.1773
$91
billion
0.1691
$125
billion
0.1599
$200
billion
0.1505
$250
billion
0.1469
$300
billion
0.1445
in
tender
option
bond
(TOB)
trusts,
including
the
portion
of
assets
held
by
a
TOB
trust
that
has
been
effectively
financed
by
the
trust’s
issuance
of
floating
rate
securities,
subject
to
an
agreement
by
the
Adviser
as
to
certain
funds
to
limit
the
amount
of
such
assets
for
determining
eligible
assets
in
certain
circumstances.
As
of
September
30,
2023,
the
complex-level
fee
rate
for
each
Fund
was
as
follows:
The
Adviser
has
agreed
to
waive
fees
and/or
reimburse
expenses
(“Expense
Cap”)
of
the
following
Fund
so
that
the
total
annual
Fund
operating
expenses
(excluding
12b-1
distribution
and/or
service
fees,
interest
expenses,
taxes,
acquired
fund
fees
and
expenses,
fees
incurred
in
acquiring
and
disposing
of
portfolio
securities
and
extraordinary
expenses)
do
not
exceed
the
average
daily
net
assets
of
any
class
of
Fund
shares
in
the
amounts
and
for
the
time
periods
stated
in
the
following
table:
Distribution
and
Service
Fees:
Each
Fund
has
adopted
a
distribution
and
service
plan
under
rule
12b-1
under
the
1940
Act.
Class
A
Shares
incur
a
0.20%
annual
12b-1
service
fee.
Class
C
Shares
incur
a
0.75%
annual
12b-1
distribution
fee
and
a
0.25%
annual
12b-1
service
fee. Class
R6
and
Class
I
Shares
are
not
subject
to
12b-1
distribution
or
service
fees.
The
fees
under
this
plan
compensate
Nuveen
Securities,
LLC,
(the
“Distributor”),
a
wholly-owned
subsidiary
of
Nuveen,
for
services
provided
and
expenses
incurred
in
distributing
shares
of
the
Funds
and
establishing
and
maintaining
shareholder
accounts.
Other
Transactions
with
Affiliates:
Each
Fund
is
permitted
to
purchase
or
sell
securities
from
or
to
certain
other
funds
or
accounts
managed
by
the
Sub-Adviser
(“Affiliated
Entity”)
under
specified
conditions
outlined
in
procedures
adopted
by
the
Board
("cross-trade").
These
procedures
have
been
designed
to
ensure
that
any
cross-trade
of
securities
by
the
Fund
from
or
to
an
Affiliated
Entity
by
virtue
of
having
a
common
investment
adviser
(or
affiliated
investment
adviser),
common
officer
and/or
common
trustee
complies
with
Rule
17a-7
under
the
1940
Act.
These
transactions
are
effected
at
the
current
market
price
(as
provided
by
an
independent
pricing
service)
without
incurring
broker
commissions.
During
the
current
fiscal
period,
the
Funds
engaged
in
cross-trades
pursuant
to
these
procedures
as
follows:
During
the
current
fiscal
period,
the
Distributor,
collected
sales
charges
on
purchases
of
Class
A
Shares,
the
majority
of
which
were
paid
out
as
concessions
to
financial
intermediaries
as
follows:
The
Distributor
also
received
12b-1
service
fees
on
Class
A
Shares,
substantially
all
of
which
were
paid
to
compensate
financial
intermediaries
for
providing
services
to
shareholders
relating
to
their
investments.
During
the
current
fiscal
period,
the
Distributor
compensated
financial
intermediaries
directly
with
commission
advances
at
the
time
of
purchase
as
follows:
Fund
Complex-Level
Fee
All-American
0
.1648%
Intermediate
Duration
0
.1646%
Limited
Term
0
.1611%
Short
Term
0
.1815%
Fund
Temporary
Expense
Cap
Temporary
Expense
Cap
Expiration
Date
Permanent
Expense
Cap
Intermediate
Duration
N/A
N/A
0.75%
N/A
-
Not
Applicable.
Fund
Purchases
Sales
Realized
Gain
(Loss)
All-American
$
27,717,905
$
26,908,774
$
(2,572,620)
Intermediate
Duration
—
—
—
Limited
Term
—
—
—
Short
Term
2,152,078
3,068,040
(94,575)
Fund
Sales
Charges
Collected
Paid
to
Financial
Intermediaries
All-American
$
704,940
$
684,875
Intermediate
Duration
191,536
186,054
Limited
Term
60,351
56,765
Short
Term
37,754
37,472
Notes
to
Financial
Statements
(Unaudited)
(continued)
To
compensate
for
commissions
advanced
to
financial
intermediaries,
all
12b-1
service
and
distribution
fees
collected
on
Class
C
Shares
during
the
first
year
following
a
purchase
are
retained
by
the
Distributor.
During
the
current
fiscal
period,
the
Distributor
retained
such
12b-1
fees
as
follows:
The
remaining
12b-1
fees
charged
to
each
Fund
were
paid
to
compensate
financial
intermediaries
for
providing
services
to
shareholders
relating
to
their
investments.
The
Distributor
also
collected
and
retained
CDSC
on
share
redemptions
during
the
current
fiscal
period,
as
follows:
9.
Commitments
and
Contingencies
In
the
normal
course
of
business,
each
Fund
enters
into
a
variety
of
agreements
that
may
expose
the
Funds
to
some
risk
of
loss.
These
could
include
recourse
arrangements
for
certain
TOB
Trusts,
which
are
described
elsewhere
in
these
Notes
to
Financial
Statements.
The
risk
of
future
loss
arising
from
such
agreements,
while
not
quantifiable,
is
expected
to
be
remote.
As
of
the
end
of
the
reporting
period,
the
Funds
did
not
have
any
unfunded
commitments.
From
time
to
time,
the
Funds
may
be
a
party
to
certain
legal
proceedings
in
the
ordinary
course
of
business,
including
proceedings
relating
to
the
enforcement
of
the
Funds’
rights
under
contracts.
As
of
the
end
of
the
reporting
period,
the
Funds
are
not
subject
to
any
material
legal
proceedings.
10.
Borrowing
Arrangements
Committed
Line
of
Credit:
The
Funds,
along
with
certain
other
funds
managed
by
the
Adviser
(“Participating
Funds”),
have
established
a
364-day,
$2.700
billion
standby
credit
facility
with
a
group
of
lenders,
under
which
the
Participating
Funds
may
borrow
for
temporary
purposes
(other
than
on-
going
leveraging
for
investment
purposes).
Each
Participating
Fund
is
allocated
a
designated
proportion
of
the
facility’s
capacity
(and
its
associated
costs,
as
described
below)
based
upon
a
multi-factor
assessment
of
the
likelihood
and
frequency
of
its
need
to
draw
on
the
facility,
the
size
of
the
Fund
and
its
anticipated
draws,
and
the
potential
importance
of
such
draws
to
the
operations
and
well-being
of
the
Fund,
relative
to
those
of
the
other
Funds.
A
Fund
may
effect
draws
on
the
facility
in
excess
of
its
designated
capacity
if
and
to
the
extent
that
other
Participating
Funds
have
undrawn
capacity.
The
current
credit
facility
was
entered
into
on
June
21,
2023
expiring
on
June
19,
2024,
replacing
the
previous
facility,
which
expired
in June
2023.
The
credit
facility
has
the
following
terms:
0.15%
per
annum
on
unused
commitment
amounts
and
a
drawn
interest
rate
equal
to
the
higher
of
(a)
OBFR
(Overnight
Bank
Funding
Rate)
plus
1.20%
per
annum
or
(b)
the
Fed
Funds
Effective
Rate
plus
1.20%
per
annum
on
amounts
borrowed.
The
Participating
Funds
also
incurred
a
0.05%
upfront
fee
on
the
increased
commitments
from
select
lenders.
Interest
expense
incurred
by
the
Participating
Funds,
when
applicable,
is
recognized
as
a
component
of
“Interest
expense”
on
the
Statement
of
Operations.
Participating
Funds
paid
administration,
legal
and
arrangement
fees,
which
are
recognized
as
a
component
of
“Interest
expense”
on
the
Statement
of
Operations,
and
along
with
commitment
fees,
have
been
allocated
among
such
Participating
Funds
based
upon
the
relative
proportions
of
the
facility’s
aggregate
capacity
reserved
for
them
and
other
factors
deemed
relevant
by
the
Adviser
and
the
Board
of
each
Participating
Fund.
Fund
Commission
Advances
All-American
$
594,938
Intermediate
Duration
181,199
Limited
Term
46,238
Short
Term
37,407
Fund
12b-1
Fees
Retained
All-American
$
55,546
Intermediate
Duration
16,916
Limited
Term
13,131
Short
Term
4,640
Fund
CDSC
Retained
All-American
$
46,860
Intermediate
Duration
33,308
Limited
Term
23,394
Short
Term
19,176
During
each
Fund’s
utilization
period(s)
during
the
current
fiscal
period,
the
average
daily
balance
outstanding
and
average
annual
interest
rate
on
the
Borrowings
were
as
follows:
Borrowings
outstanding
as
of
the
end
of
the
reporting
period,
if
any,
are
recognized
as
“Borrowings”
on
the
Statement
of
Assets
and
Liabilities.
Fund
Maximum
Outstanding
Balance
All-American
$
40,800,000
Intermediate
Duration
25,500,000
Limited
Term
17,700,000
Short
Term
3,158,148
Fund
Utilization
Period
(Days
Outstanding)
Average
Daily
Balance
Outstanding
Average
Annual
Interest
Rate
All-American
5
$
27,280,000
6.38
%
Intermediate
Duration
5
17,386,772
6.23
Limited
Term
4
9,078,202
6.28
Short
Term
7
2,355,315
6.28
Additional
Fund
Information
(Unaudited)
Investment
Adviser
Nuveen
Fund
Advisors,
LLC
333
West
Wacker
Drive
Chicago,
IL
60606
Sub-Adviser
Nuveen
Asset
Management,
LLC
333
West
Wacker
Drive
Chicago,
IL
60606
Independent
Registered
Public
Accounting
Firm
PricewaterhouseCoopers
LLP
One
North
Wacker
Drive
Chicago,
IL
60606
Custodian
State
Street
Bank
&
Trust
Company
One
Congress
Street
Suite
1
Boston,
MA
02114-2016
Legal
Counsel
Chapman
and
Cutler
LLP
Chicago,
IL
60603
Transfer
Agent
and
Shareholder
Services
SS&C
Global
Investor
&
Distribution
Solutions,
Inc.
(SS&C
GICS)
P.O.
Box
219140
Kansas
City,
MO
64121-9140
(800)
257-8787
Portfolio
of
Investments
Information
Each
Fund
is
required
to
file
its
complete
schedule
of
portfolio
holdings
with
the
Securities
and
Exchange
Commission
(SEC)
for
the
first
and
third
quarters
of
each
fiscal
year
as
an
exhibit
to
its
report
on
Form
N-PORT.
You
may
obtain
this
information
on
the
SEC’s
website
at
http://www.sec.gov.
Nuveen
Funds’
Proxy
Voting
Information
You
may
obtain
(i)
information
regarding
how
each
fund
voted
proxies
relating
to
portfolio
securities
held
during
the
most
recent
twelve-month
period
ended
June
30,
without
charge,
upon
request,
by
calling
Nuveen
toll-free
at
(800)
257-8787
or
on
Nuveen’s
website
at
www.nuveen.com
and
(ii)
a
description
of
the
policies
and
procedures
that
each
fund
used
to
determine
how
to
vote
proxies
relating
to
portfolio
securities
without
charge,
upon
request,
by
calling
Nuveen
toll-free
at
(800)
257-8787.
You
may
also
obtain
this
information
directly
from
the
SEC.
Visit
the
SEC
on-line
at
http://www.sec.gov.
FINRA
BrokerCheck
:
The
Financial
Industry
Regulatory
Authority
(FINRA)
provides
information
regarding
the
disciplinary
history
of
FINRA
member
firms
and
associated
investment
professionals.
This
information
as
well
as
an
investor
brochure
describing
FINRA
BrokerCheck
is
available
to
the
public
by
calling
the
FINRA
BrokerCheck
Hotline
number
at
(800)
289-9999
or
by
visiting
www.FINRA.org.
Glossary
of
Terms
Used
in
this
Report
(Unaudited)
Average
Annual
Total
Return:
This
is
a
commonly
used
method
to
express
an
investment’s
performance
over
a
particular,
usually
multi-year
time
period.
It
expresses
the
return
that
would
have
been
necessary
each
year
to
equal
the
investment’s
actual
cumulative
performance
(including
change
in
NAV
or
offer
price
and
reinvested
dividends
and
capital
gains
distributions,
if
any)
over
the
time
period
being
considered.
Effective
Leverage
(Effective
Leverage
Ratio):
Effective
leverage
is
investment
exposure
created
either
directly
through
borrowings
or
indirectly
through
inverse
floaters,
divided
by
the
assets
invested,
including
those
assets
that
were
purchased
with
the
proceeds
of
the
leverage,
or
referenced
by
the
levered
instrument.
The
calculation
of
the
Effective
Leverage
Ratio
reflects
borrowings
effected
on
a
long-term
basis
for
investment
purposes,
but
excludes
borrowings
that
may
occur,
on
a
transient
basis,
in
connection
with
a
Fund’s
day-to-day
operations
primarily
in
connection
with
the
need
to
pay
cash
out
to
redeeming
shareholders
or
to
settle
portfolio
trades.
Inverse
Floating
Rate
Securities:
Inverse
floating
rate
securities
are
the
residual
interest
in
a
tender
option
bond
(TOB)
trust,
sometimes
referred
to
as
“inverse
floaters”,
are
created
by
depositing
a
municipal
bond,
typically
with
a
fixed
interest
rate,
into
a
special
purpose
trust
.
This
trust,
in
turn,
(a)
issues
floating
rate
certificates
typically
paying
short-term
tax-exempt
interest
rates
to
third
parties
in
amounts
equal
to
some
fraction
of
the
deposited
bond’s
par
amount
or
market
value,
and
(b)
issues
an
inverse
floating
rate
certificate
(sometimes
referred
to
as
an
“inverse
floater”)
to
an
investor
(such
as
a
fund)
interested
in
gaining
investment
exposure
to
a
long-term
municipal
bond.
The
income
received
by
the
holder
of
the
inverse
floater
varies
inversely
with
the
short-term
rate
paid
to
the
floating
rate
certificates’
holders,
and
in
most
circumstances
the
holder
of
the
inverse
floater
bears
substantially
all
of
the
underlying
bond’s
downside
investment
risk.
The
holder
of
the
inverse
floater
typically
also
benefits
disproportionately
from
any
potential
appreciation
of
the
underlying
bond’s
value.
Hence,
an
inverse
floater
essentially
represents
an
investment
in
the
underlying
bond
on
a
leveraged
basis.
Leverage:
Leverage
is
created
whenever
a
fund
has
investment
exposure
(both
reward
and/or
risk)
equivalent
to
more
than
100%
of
the
investment
capital.
Net
Assets
Value
(NAV)
per
Share:
A
fund’s
Net
Assets
is
equal
to
its
total
assets
(securities,
cash
and
accrued
earnings)
less
its
total
liabilities.
For
funds
with
multiple
classes,
Net
Assets
are
determined
separately
for
each
share
class.
NAV
per
share
is
equal
to
the
fund’s
(or
share
class’)
Net
Assets
divided
by
its
number
of
shares
outstanding.
Pre-Refunded
Bond/Pre-Refunding:
Pre-Refunded
Bond/Pre-Refunding,
also
known
as
advanced
refundings
or
refinancings,
is
a
procedure
used
by
state
and
local
governments
to
refinance
municipal
bonds
to
lower
interest
expenses.
The
issuer
sells
new
bonds
with
a
lower
yield
and
uses
the
proceeds
to
buy
U.S.
Treasury
securities,
the
interest
from
which
is
used
to
make
payments
on
the
higher-yielding
bonds.
Because
of
this
collateral,
pre-refunding
generally
raises
a
bond’s
credit
rating
and
thus
its
value.
Tax
Obligation/General
Bonds:
Bonds
backed
by
the
general
revenues
of
an
issuer,
including
taxes
where
the
issuer
has
the
ability
to
increase
taxes
by
an
unlimited
amount
to
pay
the
bonds
back.
Tax
Obligation/Limited
Bonds:
Bonds
backed
by
the
general
revenues
of
an
issuer,
including
taxes,
where
the
issuer
does
not
have
the
ability
to
increase
taxes
by
an
unlimited
amount
to
pay
the
bonds
back.
Total
Investment
Exposure:
Total
investment
exposure
is
a
fund’s
assets
managed
by
the
Adviser
that
are
attributable
to
financial
leverage.
For
these
purposes,
financial
leverage
includes
a
fund’s
use
of
preferred
stock
and
borrowings
and
investments
in
the
residual
interest
certificates
(also
called
inverse
floating
rate
securities)
in
tender
option
bond
(TOB)
trusts,
including
the
portion
of
assets
held
by
a
TOB
trust
that
has
been
effectively
financed
by
the
trust’s
issuance
of
floating
rate
securities.
Liquidity
Risk
Management
Program
(Unaudited)
Discussion
of
the
operation
and
effectiveness
of
the
Funds’
liquidity
risk
management
program
In
compliance
with
Rule
22e-4
under
the
Investment
Company
Act
of
1940,
as
amended
(the
“Liquidity
Rule”),
each
Fund
covered
in
this
Report
(the
“Funds”)
has
adopted
and
implemented
a
liquidity
risk
management
program
(the
“Program”),
which
is
designed
to
manage
the
Fund’s
liquidity
risk.
The
Program
consists
of
various
protocols
for
assessing
and
managing
each
Fund’s
liquidity
risk.
The
Funds’
Board
of Directors (the
"Board")
previously
designated
Nuveen
Fund
Advisors,
LLC,
the
Funds’
investment
adviser,
as
the
Administrator
of
the
Program.
The
adviser’s
Liquidity
Monitoring
and
Analysis
Team
(“LMAT”)
carries
out
day-to-day
Program
management
with
oversight
by
the
adviser’s
Liquidity
Oversight
Sub-
Committee
(the
“LOSC”).
The
LOSC
is
composed
of
personnel
from
the
adviser
and
Teachers
Advisors,
LLC,
an
affiliate
of
the
adviser.
At
a
May
23-25,
2023
meeting
of
the
Board,
the
Administrator
provided
the
Board
with
a
written
report
addressing
the
Program’s
operation,
adequacy
and
effectiveness
of
implementation
for
calendar
year
2022
(the
“Review
Period”),
as
required
under
the
Liquidity
Rule.
The
report
noted
that
the
Program
has
been
and
continues
to
be
adequately
and
effectively
implemented
to
monitor
and
(as
applicable)
respond
to
each
Fund’s
liquidity
developments.
In
accordance
with
the
Program,
the
LMAT
assesses
each
Fund’s
liquidity
risk
no
less
frequently
than
annually
based
on
various
factors,
such
as
(1)
the
Fund’s
investment
strategy
and
the
liquidity
of
portfolio
investments,
(ii)
cash
flow
projections,
and
(ii)
holdings
of
cash
and
cash
equivalents,
borrowing
arrangements,
and
other
funding
sources.
Certain
factors
are
considered
under
both
normal
and
reasonably
foreseeable
stressed
conditions.
Each
Fund
portfolio
investment
is
classified
into
one
of
four
liquidity
categories
(including
the
most
liquid,
“Highly
Liquid”,
and
the
least
liquid,
“Illiquid”,
discussed
below),
The
classification
is
based
on
a
determination
of
how
long
it
is
reasonably
expected
to
take
to
convert
the
investment
into
cash,
or
sell
or
dispose
of
the
investment,
in
current
market
conditions
without
significantly
changing
the
market
value
of
the
investment
Liquidity
classification
determinations
take
into
account
various
market,
trading,
and
investment-specific
considerations,
as
well
as
market
depth,
and
use
third-
party
vendor
data.
Any
Fund
that
does
not
primarily
hold
highly
liquid
investments
must,
among
other
things,
determine
a
minimum
percentage
of
Fund
assets
that
must
be
invested
in
highly
liquid
investments
(a
“Highly
Liquid
Investment
Minimum”).
During
the
Review
Period,
each
Fund
primarily
held
Highly
Liquid
investments
and
therefore
was
exempt
from
the
requirement
to
adopt
a
Highly
Liquid
Investment
Minimum
and
to
comply
with
the
related
requirements
under
the
Liquidity
Rule.
The
Liquidity
Rule
also
limits
a
Fund’s
investments
in
Illiquid
investments.
Specifically,
the
Liquidity
Rule
prohibits
a
Fund
from
acquiring
Illiquid
investments
if
doing
so
would
result
in
the
Fund
holding
more
than
15%
of
its
net
assets
in
illiquid
investments,
and
requires
certain
reporting
to
the
Fund
Board
and
the
Securities
and
Exchange
Commission
any
time
a
Fund’s
holdings
of
Illiquid
investments
exceeds
15%
of
net
assets.
During
the
Review
Period,
no
Fund
exceeded
the
15%
limit
on
Illiquid
investments.
Annual
Investment
Management
Agreement
Approval
Process
(Unaudited)
At
a
meeting
held
on
May
23-25,
2023
(the
“May
Meeting”),
the
Board
of
Trustees
or
Directors,
as
applicable
(the
“Board”
and
each
Trustee
or
Director,
a
“Board
Member”)
of
the
Funds,
which
is
comprised
entirely
of
Board
Members
who
are
not
“interested
persons”
(as
defined
under
the
Investment
Company
Act
of
1940
(the
“1940
Act”))
(the
“Independent
Board
Members”),
approved,
for
each
Fund,
the
renewal
of
the
management
agreement
(each,
an
“Investment
Management
Agreement”)
with
Nuveen
Fund
Advisors,
LLC
(the
“Adviser”)
pursuant
to
which
the
Adviser
serves
as
investment
adviser
to
such
Fund
and
the
sub-advisory
agreement
(each,
a
“Sub-Advisory
Agreement”)
with
Nuveen
Asset
Management,
LLC
(the
“Sub-Adviser”)
pursuant
to
which
the
Sub-Adviser
serves
as
the
sub-adviser
to
such
Fund
for
an
additional
one-year
term.
As
the
Board
is
comprised
of
all
Independent
Board
Members,
the
references
to
the
Board
and
the
Independent
Board
Members
are
interchangeable.
Following
up
to
an
initial
two-year
period,
the
Board
considers
the
renewal
of
each
Investment
Management
Agreement
and
Sub-Advisory
Agreement
on
behalf
of
the
applicable
Fund
on
an
annual
basis.
The
Investment
Management
Agreements
and
Sub-Advisory
Agreements
are
collectively
referred
to
as
the
“Advisory
Agreements,”
and
the
Adviser
and
the
Sub-Adviser
are
collectively,
the
“Fund
Advisers”
and
each,
a
“Fund
Adviser.”
The
Independent
Board
Members
considered
the
review
of
the
advisory
agreements
for
the
Nuveen
funds
to
be
an
ongoing
process
and
employed
the
accumulated
information,
knowledge
and
experience
the
Board
Members
had
gained
during
their
tenure
on
the
boards
governing
the
Nuveen
funds
and
working
with
the
Adviser
and
the
applicable
sub-advisers
in
their
annual
review
of
the
advisory
agreements.
Throughout
the
year,
the
Board
and
its
committees
meet
regularly
and,
at
these
meetings,
receive
regular
and/or
special
reports
that
cover
an
extensive
array
of
topics
and
information
that
are
relevant
to
the
Board’s
annual
consideration
of
the
renewal
of
the
advisory
agreements
for
the
Nuveen
funds.
Such
information
may
address,
among
other
things,
fund
performance
and
risk
information;
the
Adviser’s
strategic
plans;
product
initiatives
for
various
funds;
the
review
of
the
funds
and
investment
teams;
compliance,
regulatory
and
risk
management
matters;
the
trading
practices
of
the
various
sub-advisers
to
the
Nuveen
funds;
management
of
distributions;
valuation
of
securities;
fund
expenses;
payments
to
financial
intermediaries,
including
12b-1
fees
and
sub-transfer
agency
fees,
if
applicable;
securities
lending;
liquidity
management;
and
overall
market
and
regulatory
developments.
The
Board
also
seeks
to
meet
periodically
with
the
Nuveen
funds’
sub-advisers
and/or
portfolio
teams,
when
feasible.
The
presentations,
discussions,
and
meetings
throughout
the
year
also
provide
a
means
for
the
Board
to
evaluate
the
level,
breadth
and
quality
of
services
provided
by
the
Adviser
and
how
such
services
have
changed
over
time
in
light
of
new
or
modified
regulatory
requirements,
changes
to
market
conditions
or
other
factors.
In
connection
with
its
annual
consideration
of
the
advisory
agreements
for
the
Nuveen
funds,
the
Board,
through
its
independent
legal
counsel,
requested
and
received
extensive
materials
and
information
prepared
specifically
for
its
review
of
such
advisory
agreements
by
the
Adviser
and
by
Broadridge
Financial
Solutions,
Inc.
(“Broadridge”),
an
independent
provider
of
investment
company
data.
The
materials
cover
a
wide
range
of
topics
including,
but
not
limited
to,
a
description
of
the
nature,
extent
and
quality
of
services
provided
by
the
Fund
Advisers;
a
review
of
product
actions
advanced
in
2022
for
the
benefit
of
particular
Nuveen
funds
and/or
the
Nuveen
fund
complex;
a
review
of
each
sub-adviser
to
the
Nuveen
funds
and/or
the
applicable
investment
team;
an
analysis
of
fund
performance
with
a
focus
on
any
Nuveen
funds
considered
performance
outliers;
an
analysis
of
the
fees
and
expense
ratios
of
the
Nuveen
funds
with
a
focus
on
any
Nuveen
funds
considered
expense
outliers;
a
review
of
management
fee
schedules;
a
review
of
temporary
and
permanent
expense
caps
and
fee
waivers
for
open-end
funds
(as
applicable)
and
related
expense
savings;
a
description
of
portfolio
manager
compensation;
a
description
of
the
profitability
or
financial
data
of
Nuveen
and
the
sub-advisers
to
the
Nuveen
funds;
and
a
description
of
indirect
benefits
received
by
the
Adviser
and
the
sub-advisers
as
a
result
of
their
relationships
with
the
Nuveen
funds.
The
information
prepared
specifically
for
the
annual
review
supplemented
the
information
provided
to
the
Board
and
its
committees
and
the
evaluations
of
the
Nuveen
funds
by
the
Board
and
its
committees
during
the
year.
The
Board’s
review
of
the
advisory
agreements
for
the
Nuveen
funds
is
based
on
all
the
information
provided
to
the
Board
and
its
committees
throughout
the
year
as
well
as
the
information
prepared
specifically
with
respect
to
the
annual
review
of
such
advisory
agreements.
The
performance,
fee
and
expense
data
and
other
information
provided
by
a
Fund
Adviser,
Broadridge
or
other
service
providers
were
not
independently
verified
by
the
Independent
Board
Members.
As
part
of
its
review,
the
Board
met
on
April
11-12,
2023
(the
“April
Meeting”)
to
review
and
discuss,
in
part,
the
performance
of
the
Nuveen
funds
and
the
Adviser’s
evaluation
of
each
sub-adviser
to
the
Nuveen
funds
and/or
its
investment
teams.
At
the
April
Meeting,
the
Board
Members
asked
questions
and
requested
additional
information
that
was
provided
for
the
May
Meeting.
The
Independent
Board
Members
were
advised
by
independent
legal
counsel
during
the
annual
review
process
as
well
as
throughout
the
year,
including
meeting
in
executive
sessions
with
such
counsel
at
which
no
representatives
from
the
Adviser
or
the
Sub-Adviser
were
present.
In
connection
with
their
annual
review,
the
Independent
Board
Members
also
received
a
memorandum
from
independent
legal
counsel
outlining
their
fiduciary
duties
and
legal
standards
in
reviewing
the
Advisory
Agreements,
including
guidance
from
court
cases
evaluating
advisory
fees.
The
Board’s
decision
to
renew
the
Advisory
Agreements
was
not
based
on
a
single
identified
factor,
but
rather
the
decision
reflected
the
comprehensive
consideration
of
all
the
information
provided
to
the
Board
and
its
committees
throughout
the
year
as
well
as
the
materials
prepared
specifically
in
connection
with
the
renewal
process.
The
contractual
arrangements
are
a
result
of
multiple
years
of
review,
negotiation
and
information
provided
in
connection
with
the
Board’s
annual
review
of
the
Nuveen
funds’
advisory
arrangements
and
oversight
of
the
Nuveen
funds.
Each
Board
Member
may
have
attributed
different
levels
of
importance
to
the
various
factors
and
information
considered
in
connection
with
the
approval
process
and
may
place
different
emphasis
on
the
relevant
information
year
to
year
in
light
of,
among
other
things,
changing
market
and
economic
conditions.
A
summary
of
the
principal
factors
and
information,
but
not
all
the
factors,
the
Board
considered
in
deciding
to
renew
the
Advisory
Agreements
is
set
forth
below.
Annual
Investment
Management
Agreement
Approval
Process
(Unaudited)
(continued)
A.
Nature,
Extent
and
Quality
of
Services
In
evaluating
the
renewal
of
the
Advisory
Agreements,
the
Independent
Board
Members
received
and
considered
information
regarding
the
nature,
extent
and
quality
of
the
applicable
Fund
Adviser’s
services
provided
to
the
respective
Fund
with
particular
focus
on
the
services
and
enhancements
or
changes
to
such
services
provided
during
the
last
year.
The
Independent
Board
Members
considered
the
Investment
Management
Agreements
and
the
Sub-Advisory
Agreements
separately
in
the
course
of
their
review.
With
this
approach,
they
considered
the
respective
roles
of
the
Adviser
and
the
Sub-Adviser
in
providing
services
to
the
Funds.
The
Board
recognized
that
the
Adviser
provides
a
wide
array
of
management,
oversight
and
administrative
services
to
manage
and
operate
the
Nuveen
funds
and
that
the
scope
and
complexity
of
these
services,
along
with
the
undertakings
required
of
the
Adviser
in
connection
with
providing
these
services,
have
expanded
over
time
as
a
result
of,
among
other
things,
regulatory,
market
and
other
developments.
The
Board
noted
the
Adviser’s
dedication
of
resources,
time,
personnel
and
capital
and
commitment
to
continuing
to
develop
improvements
and
innovations
that
seek
to
enhance
the
Nuveen
fund
complex
and
meet
the
needs
of
the
Nuveen
funds
in
an
increasingly
complex
regulatory
environment.
The
Board
received
and
reviewed
information
regarding,
among
other
things,
the
Adviser’s
investment
oversight
responsibilities,
regulatory
and
compliance
services,
administrative
duties
and
other
services.
The
Board
considered
the
breadth
and
the
quality
of
the
services
the
Adviser
and
its
various
teams
provide
in
overseeing
the
investment
management
of
the
Nuveen
funds,
including,
among
other
things,
overseeing
and
reviewing
the
services
provided
by
the
various
sub-advisers
to
the
Nuveen
funds
and
their
investment
teams;
evaluating
fund
performance
and
market
conditions;
overseeing
operational
and
investment
risks;
evaluating
investment
strategies
and
recommending
any
changes
thereto;
managing
liquidity;
managing
the
daily
valuation
of
portfolio
securities;
overseeing
trade
execution
and
securities
lending;
and
setting
and
managing
distributions
consistent
with
the
respective
fund’s
product
design.
The
Board
also
reviewed
the
structure
of
investment
personnel
compensation
of
each
Fund
Adviser
and
considered
whether
the
structure
provides
appropriate
incentives
to
attract
and
maintain
qualified
personnel
and
to
act
in
the
best
interests
of
the
respective
Nuveen
fund.
Given
the
Nuveen
funds
operate
in
a
highly
regulated
industry,
the
Board
further
considered
the
extensive
compliance,
regulatory
and
administrative
services
the
Adviser
and
its
various
teams
provide
to
manage
and
operate
the
Nuveen
funds.
The
Board
recognized
such
services
included,
but
were
not
limited
to,
managing
compliance
policies;
monitoring
compliance
with
applicable
policies,
laws
and
regulations;
devising
internal
compliance
programs
in
seeking
to
enhance
compliance
with
regulatory
requirements
and
creating
a
framework
to
review
and
assess
compliance
programs;
overseeing
sub-adviser
compliance
testing;
preparing
compliance
training
materials;
and
responding
to
regulatory
requests.
The
Board
reviewed
highlights
of
the
various
initiatives
Nuveen
compliance
had
taken
in
2022
including,
among
other
things,
additional
due
diligence
of
service
providers
as
their
operating
environments
evolve
post-Covid
to
more
hybrid
in-person
working
arrangements;
investments
in
supporting
and
expanding
international
trading
capabilities;
continuing
efforts
to
enhance
policies
and
controls
to
address
compliance
risks
including
those
related
to
environmental,
social
and
governance
(“ESG”)
matters
and
new
regulatory
developments
or
guidance;
and
establishing
and
maintaining
compliance
policies
and
comprehensive
compliance
training
programs.
The
Board
also
considered
information
regarding
the
Adviser’s
business
continuity,
disaster
recovery
and
information
security
programs
and
the
periodic
testing
and
review
of
such
programs.
In
addition
to
the
above
functions,
the
Board
considered
the
quality
and
extent
of
other
non-advisory
services
the
Adviser
provides
including,
among
other
things,
various
fund
administration
services
(such
as
preparing,
overseeing
or
assisting
with
the
preparation
of
tax
and
regulatory
filings);
product
management
services
(such
as
evaluating
and
enhancing
products
and
strategies);
legal
support
services;
shareholder
services
and
transfer
agency
function
oversight
services;
and
board
support
and
reporting
services.
With
respect
to
board
support
services,
the
Board
reviewed
a
summary
of
the
annual,
quarterly,
and
special
reports
the
Adviser
and/or
its
affiliates
provided
to
the
Board
throughout
2022.
The
Board
further
acknowledged
various
initiatives
the
Adviser
had
undertaken
or
continued
in
2022
in
seeking
to
improve
the
effectiveness
of
its
organization,
the
Nuveen
funds
product
line-up
as
well
as
particular
Nuveen
fund(s)
through,
among
other
things,
rationalizing
the
product
line
and
gaining
efficiencies
through
mergers,
repositionings
and
liquidations;
launching
new
funds;
reviewing
and
updating
investment
policies
and
benchmarks;
reopening
certain
funds
previously
closed
to
new
investors;
adding
or
modifying
the
share
classes
offered
by
certain
funds;
implementing
fee
waivers
and
expense
cap
changes
for
certain
funds
and
evaluating
and
adjusting
portfolio
management
teams
as
appropriate
for
various
funds;
and
developing
policy
positions
on
a
broad
range
of
regulatory
proposals
that
may
impact
the
funds
and
communicating
with
lawmakers
and
other
regulatory
authorities
to
help
ensure
these
positions
are
represented.
Aside
from
the
services
provided,
the
Board
recognized
the
financial
resources
of
the
Adviser
and
its
affiliates
and
their
willingness
to
make
investments
in
the
technology,
personnel
and
infrastructure
to
support
the
Nuveen
funds,
including
maintaining
a
seed
capital
budget
to
support
new
or
existing
funds
and/or
facilitate
changes
for
a
respective
fund.
The
Board
noted
the
benefits
to
shareholders
of
investing
in
a
fund
that
is
a
part
of
a
large
fund
complex
with
a
variety
of
investment
disciplines,
capabilities,
expertise
and
resources
available
to
navigate
and
support
the
Nuveen
funds
including
during
stressed
times.
The
Board
recognized
the
overall
reputation
and
capabilities
of
the
Adviser
and
its
affiliates,
the
Adviser’s
continuing
commitment
to
provide
high
quality
services,
its
willingness
to
implement
operational
or
organizational
changes
in
seeking,
among
other
things,
to
enhance
efficiencies
and
services
to
the
Nuveen
funds
and
its
responsiveness
to
the
Board’s
questions
and/or
concerns
raised
throughout
the
year
and
during
the
annual
review
of
advisory
agreements.
The
Board
also
considered
the
significant
risks
borne
by
the
Adviser
and
its
affiliates
in
connection
with
their
services
to
the
Nuveen
funds,
including
entrepreneurial
risks
in
sponsoring
new
funds
and
ongoing
risks
with
managing
the
funds
such
as
investment,
operational,
reputational,
regulatory,
compliance
and
litigation
risks.
The
Board
further
considered
the
division
of
responsibilities
between
the
Adviser
and
the
Sub-Adviser
and
recognized
that
the
Sub-Adviser
and
its
investment
personnel
generally
are
responsible
for
the
management
of
each
Fund’s
portfolio
under
the
oversight
of
the
Adviser
and
the
Board.
The
Board
considered
an
analysis
of
the
Sub-Adviser
provided
by
the
Adviser
which
included,
among
other
things,
the
assets
under
management
of
the
applicable
investment
team
and
changes
thereto,
a
summary
of
the
applicable
investment
team
and
changes
to
such
team,
the
investment
process
and
philosophy
of
the
applicable
investment
team,
the
performance
of
the
Nuveen
funds
sub-advised
by
the
Sub-Adviser
over
various
periods
of
time
and
a
summary
of
any
significant
policy
and/or
other
changes
to
the
Nuveen
funds
sub-advised
by
the
Sub-Adviser.
The
Board
further
considered
at
the
May
Meeting
or
prior
meetings
evaluations
of
the
Sub-Adviser’s
compliance
programs
and
trade
execution.
The
Board
noted
that
the
Adviser
recommended
the
renewal
of
the
Sub-Advisory
Agreements.
Based
on
its
review,
the
Board
determined,
in
the
exercise
of
its
reasonable
business
judgment,
that
it
was
satisfied
with
the
nature,
extent
and
quality
of
services
provided
to
the
respective
Funds
under
each
applicable
Advisory
Agreement.
B.
The
Investment
Performance
of
the
Funds
and
Fund
Advisers
In
evaluating
the
quality
of
the
services
provided
by
the
Fund
Advisers,
the
Board
also
considered
a
variety
of
investment
performance
data
of
the
Nuveen
funds
prepared
specifically
for
the
annual
review
of
the
advisory
agreements
as
well
as
the
performance
data
the
Board
received
throughout
the
year
representing
different
time
periods.
In
this
regard,
leading
into
the
May
Meeting,
the
Board
reviewed,
among
other
things,
Fund
performance
over
the
quarter,
one-,
three-
and
five-year
periods
ending
December
31,
2022
and
March
31,
2023.
The
performance
data
was
based
on
Class
A
shares;
however,
the
performance
of
other
classes
should
be
substantially
similar
as
they
invest
in
the
same
portfolio
of
securities
and
differences
in
performance
among
the
classes
would
be
principally
attributed
to
the
variations
in
the
expense
structures
of
the
classes.
In
addition,
the
Board
reviewed
and
discussed
performance
data
at
its
regularly
scheduled
quarterly
meetings
during
the
year.
The
Board
therefore
took
into
account
the
performance
data,
presentations
and
discussions
(written
and
oral)
that
have
been
provided
for
the
annual
review
as
well
as
in
prior
meetings
over
time
in
evaluating
fund
performance,
including
the
Adviser’s
analysis
of
a
fund’s
performance
with
particular
focus
on
performance
outliers
(both
overperformance
and
underperformance),
the
factors
contributing
to
performance
(including
relative
to
a
fund’s
benchmark
and
peers
and
the
impact
of
market
conditions)
and
any
recommendations
or
steps
that
had
been
taken
or
were
proposed
to
be
taken
to
address
significant
performance
concerns.
In
this
regard,
the
Board
noted,
among
other
things,
that
certain
Nuveen
funds
had
changes
in
portfolio
managers
or
other
significant
changes
to
their
investment
strategies
or
policies
since
March
2020,
and,
as
a
result,
the
Board
reviewed
certain
tracking
performance
data
comparing
the
performance
of
such
funds
before
and
after
such
changes.
The
Board
recognized
that
performance
data
reflects
performance
over
a
specified
period
which
may
differ
significantly
depending
on
the
ending
dates
selected,
particularly
during
periods
of
market
volatility.
Further,
the
Board
noted
that
shareholders
may
evaluate
performance
based
on
their
own
respective
holding
periods
which
may
differ
from
the
performance
periods
reviewed
by
the
Board
and
lead
to
differing
results.
In
its
evaluation,
the
Board
reviewed
Nuveen
fund
performance
results
from
different
perspectives.
In
general,
subject
to
certain
exceptions,
the
Board
reviewed
both
absolute
and
relative
fund
performance
during
the
annual
review
over
the
various
time
periods
and
evaluated
performance
results
in
light
of
a
fund’s
investment
objective(s),
strategies
and
risks.
With
respect
to
the
relative
performance,
the
Board
considered
fund
performance
in
comparison
to
the
performance
of
peer
funds
(the
“Performance
Peer
Group”)
and
recognized
and/or
customized
benchmarks
(i.e.,
generally
benchmarks
derived
from
multiple
recognized
benchmarks).
In
reviewing
such
comparative
performance,
the
Board
was
cognizant
of
the
inherent
limitations
of
such
data
which
can
make
meaningful
performance
comparisons
generally
difficult.
As
an
illustration,
differences
in
the
composition
of
the
Performance
Peer
Group,
the
investment
objective(s),
strategies
and
other
characteristics
of
the
peers
in
the
Performance
Peer
Group,
the
level,
type
and
cost
of
leverage
(if
any)
of
the
peers,
and
the
varying
sizes
of
peers
all
may
contribute
to
differences
in
the
performance
results
of
a
Performance
Peer
Group
compared
to
the
applicable
Nuveen
fund.
With
respect
to
relative
performance
of
a
Nuveen
fund
compared
to
a
benchmark
index,
differences,
among
other
things,
in
the
investment
objective(s)
and
strategies
of
a
fund
and
the
benchmark
(particularly
an
actively
managed
fund
that
does
not
directly
follow
an
index)
as
well
as
the
costs
of
operating
a
fund
would
necessarily
contribute
to
differences
in
performance
results
and
limit
the
value
of
the
comparative
performance
information.
To
assist
the
Board
in
its
review
of
the
comparability
of
the
relative
performance,
the
Adviser
has
ranked
the
relevancy
of
the
peer
group
to
the
Funds
as
low,
medium
or
high.
The
Board
also
evaluated
Nuveen
fund
performance
in
light
of
various
relevant
factors
which
may
include,
among
other
things,
general
market
conditions,
issuer-specific
information,
asset
class
information,
leverage
and
fund
cash
flows.
The
Board
acknowledged
that
long-term
performance
could
be
impacted
by
even
one
period
of
significant
outperformance
or
underperformance
and
that
a
single
investment
theme
could
disproportionately
affect
performance.
Further,
the
Board
recognized
that
the
market
and
economic
conditions
may
significantly
impact
a
fund’s
performance,
particularly
over
shorter
periods,
and
such
performance
may
be
more
reflective
of
such
economic
or
market
events
and
not
necessarily
reflective
of
management
skill.
Although
the
Board
reviews
short-,
intermediate-
and
longer-term
performance
data,
the
Board
recognized
that
longer
periods
of
performance
may
reflect
full
market
cycles.
In
relation
to
recent
general
market
conditions,
the
Board
had
recognized
the
general
market
volatility
and
underperformance
of
the
market
in
2022
in
considering
Nuveen
fund
performance.
The
Board
took
into
account
the
Adviser’s
assessment
of
a
fund’s
performance
during
the
recent
period
of
significant
market
volatility.
In
their
review
from
year
to
year,
the
Board
Members
consider
and
may
place
different
emphasis
on
the
relevant
information
in
light
of
changing
circumstances
in
market
and
economic
conditions.
In
evaluating
performance,
the
Board
focused
particular
attention
on
funds
with
less
favorable
performance
records.
However,
depending
on
the
facts
and
circumstances
including
any
differences
between
the
respective
fund
and
its
benchmark
and/or
Performance
Peer
Group,
the
Board
may
be
satisfied
with
a
fund’s
performance
notwithstanding
that
its
performance
may
be
below
that
of
its
benchmark
and/or
peer
group
for
certain
periods.
With
respect
to
any
funds
for
which
the
Board
has
identified
performance
issues,
the
Board
seeks
to
monitor
such
funds
closely
until
performance
improves,
discusses
with
the
Adviser
the
reasons
for
such
results,
considers
whether
any
steps
are
necessary
or
appropriate
to
address
such
issues,
and
reviews
the
results
of
any
steps
undertaken.
The
Board’s
determinations
with
respect
to
each
Fund
are
summarized
below.
For
Nuveen
All-American
Municipal
Bond
Fund
(the
“All-American
Fund”),
the
Board
noted
that
the
Fund’s
performance
was
below
the
performance
of
its
benchmark
and
the
Fund
ranked
in
the
fourth
quartile
of
its
Performance
Peer
Group
for
the
one-,
three-
and
five-year
periods
ended
December
31,
2022
and
March
31,
2023.
The
Board
recognized
that
the
use
of
leverage
detracted
from
performance
but
was
supportive
of
the
Fund’s
income
objective.
The
Board
took
into
account
management’s
discussion
of
the
Fund’s
performance,
including
the
reasons
for
the
Fund’s
challenged
performance
for
certain
periods,
and
the
Fund’s
more
recent
improved
performance
for
the
quarter
ended
March
31,
2023.
On
the
basis
Annual
Investment
Management
Agreement
Approval
Process
(Unaudited)
(continued)
of
the
Board’s
ongoing
review
of
investment
performance
and
all
relevant
factors,
including
the
relative
market
conditions
during
certain
reporting
periods,
the
Fund’s
investment
objective(s)
and
management’s
discussion
of
performance,
the
Board
concluded
that
in
light
of
these
factors,
the
Fund’s
performance
supported
renewal
of
the
Advisory
Agreements.
For
Nuveen
Intermediate
Duration
Municipal
Bond
Fund
(the
“Intermediate
Duration
Fund”),
the
Board
noted
that
although
the
Fund’s
performance
was
below
the
performance
of
its
benchmark
for
the
one-,
three-
and
five-year
periods
ended
December 31,
2022,
the
Fund
ranked
in
the
third
quartile
of
its
Performance
Peer
Group
for
the
one-
and
three-year
periods
ended
December
31,
2022
and
first
quartile
for
the
five-
year
period
ended
December 31,
2022.
In
addition,
although
the
Fund’s
performance
was
below
the
performance
of
its
benchmark
for
the
one-,
three-
and
five-year
periods
ended
March
31,
2023
and
the
Fund
ranked
in
the
fourth
quartile
of
its
Performance
Peer
Group
for
the
one-year
period
ended
March
31,
2023,
the
Fund
ranked
in
the
third
quartile
for
the
three-year
period
and
second
quartile
for
the
five-year
period
ended
March
31,
2023.
On
the
basis
of
the
Board’s
ongoing
review
of
investment
performance
and
all
relevant
factors,
including
the
relative
market
conditions
during
certain
reporting
periods,
the
Fund’s
investment
objective(s)
and
management’s
discussion
of
performance,
the
Board
concluded
that
in
light
of
these
factors,
the
Fund’s
performance
supported
renewal
of
the
Advisory
Agreements.
For
Nuveen
Limited
Term
Municipal
Bond
Fund
(the
“Limited
Term
Fund”),
the
Board
noted
that
although
the
Fund’s
performance
was
below
the
performance
of
its
benchmark
for
the
one-,
three-
and
five-year
periods
ended
December
31,
2022,
the
Fund
ranked
in
the
second
quartile
of
its
Performance
Peer
Group
for
the
one-
and
three-year
periods
ended
December
31,
2022
and
first
quartile
for
the
five-year
period
ended
December
31,
2022.
In
addition,
although
the
Fund’s
performance
was
below
the
performance
of
its
benchmark
for
the
one-year
period
ended
March
31,
2023,
the
Fund
outperformed
or
matched
the
performance
of
its
benchmark
for
the
three-
and
five-year
periods
ended
March
31,
2023.
The
Fund
also
ranked
in
the
third
quartile
of
its
Performance
Peer
Group
for
the
one-year
period
ended
March
31,
2023
and
first
quartile
for
the
three-
and
five-year
periods
ended
March
31,
2023.
On
the
basis
of
the
Board’s
ongoing
review
of
investment
performance
and
all
relevant
factors,
including
the
relative
market
conditions
during
certain
reporting
periods,
the
Fund’s
investment
objective(s)
and
management’s
discussion
of
performance,
the
Board
concluded
that
in
light
of
these
factors,
the
Fund’s
performance
supported
renewal
of
the
Advisory
Agreements.
For
Nuveen
Short
Term
Municipal
Bond
Fund
(the
“Short
Term
Fund”),
the
Board
noted
that
although
the
Fund’s
performance
was
below
the
performance
of
its
benchmark
for
the
one-,
three-
and
five-year
periods
ended
December 31,
2022,
the
Fund
ranked
in
the
second
quartile
of
its
Performance
Peer
Group
for
the
one-
and
five-year
periods
ended
December 31,
2022
and
third
quartile
for
the
three-year
period
ended
December 31,
2022.
Further,
although
the
Fund’s
performance
was
below
the
performance
of
its
benchmark
for
the
one-,
three-
and
five-year
periods
ended
March 31,
2023,
the
Fund
ranked
in
the
third
quartile
of
its
Performance
Peer
Group
for
such
periods.
On
the
basis
of
the
Board’s
ongoing
review
of
investment
performance
and
all
relevant
factors,
including
the
relative
market
conditions
during
certain
reporting
periods,
the
Fund’s
investment
objective(s)
and
management’s
discussion
of
performance,
the
Board
concluded
that
in
light
of
these
factors,
the
Fund’s
performance
supported
renewal
of
the
Advisory
Agreements.
C.
Fees,
Expenses
and
Profitability
1.
Fees
and
Expenses
As
part
of
its
annual
review,
the
Board
generally
reviewed,
among
other
things,
with
respect
to
the
Nuveen
open-end
funds,
the
contractual
management
fee
and
net
management
fee
(i.e.,
the
management
fee
after
taking
into
consideration
fee
waivers
and/or
expense
reimbursements,
if
any)
paid
by
a
fund
to
the
Adviser
in
light
of
the
nature,
extent
and
quality
of
the
services
provided.
The
Board
also
considered
the
total
operating
expense
ratio
of
a
fund
(after
any
fee
waivers
and/or
expense
reimbursements).
More
specifically,
the
Independent
Board
Members
reviewed,
among
other
things,
each
Nuveen
open-end
fund’s
gross
and
net
management
fee
rates
(i.e.,
before
and
after
fee
waivers
and/or
expense
reimbursements,
if
any)
and
net
total
expense
ratio
in
relation
to
those
of
a
comparable
universe
of
funds
(the
“Peer
Universe”)
and
to
a
more
focused
subset
of
comparable
funds
(the
“Peer
Group”)
established
by
Broadridge
(subject
to
certain
exceptions).
The
Independent
Board
Members
reviewed
the
methodology
Broadridge
employed
to
establish
its
Peer
Universe
and
Peer
Group
(as
applicable)
and
recognized
that
differences
between
the
applicable
fund
and
its
respective
Peer
Universe
and/
or
Peer
Group
as
well
as
changes
to
the
composition
of
the
Peer
Group
and/or
Peer
Universe
from
year
to
year
may
limit
some
of
the
value
of
the
comparative
data.
The
Independent
Board
Members
take
these
limitations
and
differences
into
account
when
reviewing
comparative
peer
data.
The
Independent
Board
Members
also
considered
a
fund’s
operating
expense
ratio
as
it
more
directly
reflected
the
shareholder’s
costs
in
investing
in
the
respective
fund.
In
their
review,
the
Independent
Board
Members
considered,
in
particular,
each
Nuveen
fund
with
a
net
total
expense
ratio
of
six
basis
points
or
higher
compared
to
that
of
its
peer
average
(each,
an
“Expense
Outlier
Fund”)
and
an
analysis
as
to
the
factors
contributing
to
each
such
fund’s
higher
relative
net
total
expense
ratio.
Accordingly,
in
reviewing
the
comparative
data
between
a
fund
and
its
peers,
the
Board
generally
considered
the
fund’s
net
total
expense
ratio
and
fees
to
be
higher
if
they
were
over
10
basis
points
higher,
slightly
higher
if
they
were
6
to
10
basis
points
higher,
in
line
if
they
were
within
approximately
5
basis
points
higher
than
the
peer
average
and
below
if
they
were
below
the
peer
average
of
the
Peer
Group.
The
Independent
Board
Members
also
considered,
in
relevant
part,
a
Nuveen
fund’s
management
fee
and
net
total
expense
ratio
in
light
of
its
performance
history,
including
reviewing
certain
funds
identified
by
the
Adviser
and/or
the
Board
as
having
a
higher
net
total
expense
ratio
or
management
fee
compared
to
their
respective
peers
coupled
with
experiencing
periods
of
challenged
performance
and
considering
the
reasons
for
such
comparative
positions.
In
addition,
in
their
review
of
the
fee
arrangements
for
the
Nuveen
funds,
the
Independent
Board
Members
considered
the
management
fee
schedules,
including
the
complex-wide
and
fund-level
breakpoint
schedules,
and
the
expense
reimbursements
and/or
fee
waivers
provided
by
Nuveen
for
each
fund,
as
applicable.
The
Board
noted
that
across
the
Nuveen
fund
complex,
the
complex-wide
fee
breakpoints
reduced
fees
by
approximately
$62.4
million
and
fund-level
breakpoints
reduced
fees
by
approximately
$76.1 million
in
2022.
Further,
fee
caps
and
waivers
for
all
applicable
Nuveen
funds
saved
shareholders
approximately
$13.4 million
in
fees
in
2022.
With
respect
to
the
Sub-Adviser,
the
Board
also
considered,
among
other
things,
the
sub-advisory
fee
schedule
paid
to
the
Sub-Adviser
in
light
of
the
sub-advisory
services
provided
to
the
respective
Fund
and
comparative
data
of
the
fees
the
Sub-Adviser
charges
to
other
clients,
if
any.
In
its
review,
the
Board
recognized
that
the
compensation
paid
to
the
Sub-Adviser
is
the
responsibility
of
the
Adviser,
not
the
Funds.
The
Independent
Board
Members
noted
that
(a)
the
All-American
Fund
had
a
net
management
fee
and
a
net
total
expense
ratio
that
were
below
the
respective
peer
averages;
(b)
the
Intermediate
Duration
Fund
and
the
Limited
Term
Fund
each
had
a
net
management
fee
that
was
in
line
with
the
respective
peer
average
and
a
net
total
expense
ratio
that
was
below
the
respective
peer
average;
and
(c)
the
Short
Term
Fund
had
a
net
management
fee
that
was
slightly
higher
than
the
peer
average,
but
a
net
total
expense
ratio
that
was
in
line
with
the
peer
average.
Based
on
its
review
of
the
information
provided,
the
Board
determined
that
each
Fund’s
management
fees
(as
applicable)
to
a
Fund
Adviser
were
reasonable
in
light
of
the
nature,
extent
and
quality
of
services
provided
to
the
Fund.
2.
Comparisons
with
the
Fees
of
Other
Clients
In
evaluating
the
appropriateness
of
fees,
the
Board
also
considered
information
regarding
the
fee
rates
the
respective
Fund
Advisers
charged
to
certain
other
types
of
clients
and
the
type
of
services
provided
to
these
other
clients.
With
respect
to
the
municipal
Nuveen
funds,
such
other
clients
may
include
retail
and
institutional
municipal
managed
accounts
sub-advised
by
the
Sub-Adviser,
municipal
exchange-traded
funds
(“ETFs”)
sub-advised
by
the
Sub-Adviser
that
are
offered
by
another
fund
complex,
municipal
managed
accounts
offered
by
an
unaffiliated
adviser
and
certain
municipal
private
limited
partnerships
offered
by
Nuveen.
The
Board
reviewed,
among
other
things,
the
fee
range
and
average
fee
of
municipal
retail
advisory
accounts
and
municipal
institutional
accounts,
the
sub-advisory
fee
the
Sub-Adviser
received
for
serving
as
sub-adviser
to
certain
municipal
ETFs
offered
outside
the
Nuveen
family
and
the
management
fee
rates
paid
by
the
municipal
private
limited
partnerships
operated
by
Nuveen.
In
considering
the
comparative
fee
data,
the
Board
recognized
that
differences,
including
but
not
limited
to,
the
amount,
type
and
level
of
services
provided
by
the
Adviser
to
the
Nuveen
funds
compared
to
that
provided
to
other
clients
as
well
as
differences
in
investment
policies;
eligible
portfolio
assets
and
the
manner
of
managing
such
assets;
product
structure;
investor
profiles;
account
sizes;
and
regulatory
requirements
contribute
to
the
variations
in
the
fee
schedules.
The
Board
acknowledged
the
wide
range
of
services
in
addition
to
investment
management
that
the
Adviser
had
provided
to
the
Nuveen
funds
compared
to
other
types
of
clients
as
well
as
the
increased
entrepreneurial,
legal
and
regulatory
risks
that
the
Adviser
incurs
in
sponsoring
and
managing
the
Nuveen
funds.
In
general,
higher
fee
levels
reflect
higher
levels
of
service
provided
by
the
Adviser,
increased
investment
management
complexity,
greater
product
management
requirements,
and
higher
levels
of
business
risk
or
some
combination
of
these
factors.
The
Board
further
considered
that
the
Sub-Adviser’s
fee
is
essentially
for
portfolio
management
services
and
therefore
more
comparable
to
the
fees
it
receives
for
retail
wrap
accounts
and
other
external
sub-advisory
mandates.
The
Board
concluded
the
varying
levels
of
fees
were
justified
given,
among
other
things,
the
more
extensive
services,
regulatory
requirements
and
legal
liabilities,
and
the
entrepreneurial,
legal
and
regulatory
risks
incurred
in
sponsoring
and
advising
a
registered
investment
company
compared
to
that
required
in
advising
other
types
of
clients.
3.
Profitability
of
Fund
Advisers
In
their
review,
the
Independent
Board
Members
considered
estimated
profitability
information
of
Nuveen
as
a
result
of
its
advisory
services
to
the
Nuveen
funds
as
well
as
profitability
data
of
other
publicly
traded
asset
management
firms.
Such
profitability
information
included,
among
other
things,
gross
and
net
revenue
margins
(excluding
distribution)
of
Nuveen
Investments,
Inc.
(“Nuveen
Investments”)
for
services
to
the
Nuveen
funds
on
a
pre-tax
and
after-tax
basis
for
the
2022
and
2021
calendar
years
as
well
as
the
revenues
earned
(less
any
expense
reimbursements/fee
waivers)
and
expenses
incurred
by
Nuveen
Investments
for
its
advisory
activities
to
the
Nuveen
funds
(excluding
distribution
and
certain
other
expenses)
for
the
2022
and
2021
calendar
years.
The
Independent
Board
Members
also
considered
a
summary
of
some
of
the
key
factors
that
impacted
Nuveen’s
profitability
in
2022.
In
addition,
the
Board
reviewed
the
revenues,
expenses
and
operating
margin
(pre-
and
after-tax)
the
Adviser
derived
from
its
ETF
product
line
for
the
2022
and
2021
calendar
years.
In
developing
the
profitability
data
of
the
Adviser
for
its
advisory
services
to
the
Nuveen
funds,
the
Independent
Board
Members
recognized
the
subjective
nature
of
calculating
profitability
as
the
information
is
not
audited
and
is
necessarily
dependent
on
cost
allocation
methodologies
to
allocate
expenses
throughout
the
complex
and
among
the
various
advisory
products.
Given
there
is
no
perfect
expense
allocation
methodology
and
that
other
reasonable
and
valid
allocation
methodologies
could
be
employed
and
could
lead
to
significantly
different
results,
the
Board
reviewed,
among
other
things,
a
description
of
the
cost
allocation
methodologies
employed
to
develop
the
financial
information,
a
summary
of
the
history
of
changes
to
the
methodology
over
the
years
from
2010
through
2022,
and
a
historical
expense
analysis
of
Nuveen
Investments’
revenues,
expenses
and
pre-tax
net
revenue
margins
derived
from
its
advisory
services
to
the
Nuveen
funds
(excluding
distribution)
for
the
calendar
years
from
2017
through
2022.
The
Board
had
also
appointed
four
Independent
Board
Members
to
serve
as
the
Board’s
liaisons,
with
the
assistance
of
independent
counsel,
to
meet
with
representatives
of
the
Adviser
and
review
the
development
of
the
profitability
data
and
to
report
to
the
full
Board.
Annual
Investment
Management
Agreement
Approval
Process
(Unaudited)
(continued)
In
addition,
the
Board
considered
certain
comparative
operating
margin
data.
In
this
regard,
the
Board
reviewed
the
operating
margins
of
Nuveen
Investments
compared
to
the
adjusted
operating
margins
of
a
peer
group
of
asset
management
firms
with
publicly
available
data
and
the
most
comparable
assets
under
management
(based
on
asset
size
and
asset
composition)
to
Nuveen.
The
Board
recognized
that
the
operating
margins
of
the
peers
were
adjusted
generally
to
address
that
certain
services
provided
by
the
peers
were
not
provided
by
Nuveen.
The
Board
also
reviewed,
among
other
things,
the
net
revenue
margins
(pre-tax)
of
Nuveen
Investments
on
a
company-wide
basis
and
the
net
revenue
margins
(pre-tax)
of
Nuveen
Investments
derived
from
its
services
to
the
Nuveen
funds
only
(including
and
excluding
distribution)
compared
to
the
adjusted
operating
margins
of
the
peer
group
for
each
calendar
year
from
2012
to
2022.
Although
the
total
company
operating
margins
of
Nuveen
Investments
were
in
the
bottom
half
of
the
peer
group
range
for
2022
and
2021,
the
Independent
Board
Members
recognized
the
limitations
of
the
comparative
data
given
that
peer
data
is
not
generally
public
and
the
calculation
of
profitability
is
subjective
and
affected
by
numerous
factors
(such
as
types
of
funds
a
peer
manages,
its
business
mix,
its
cost
of
capital,
the
numerous
assumptions
underlying
the
methodology
used
to
allocate
expenses
and
other
factors)
that
can
have
a
significant
impact
on
the
results.
Aside
from
Nuveen’s
profitability,
the
Board
recognized
that
the
Adviser
is
a
subsidiary
of
Nuveen,
LLC,
the
investment
management
arm
of
Teachers
Insurance
and
Annuity
Association
of
America
(“TIAA”).
Accordingly,
the
Board
also
reviewed
a
balance
sheet
for
TIAA
reflecting
its
assets,
liabilities
and
capital
and
contingency
reserves
for
the
2022
and
2021
calendar
years
to
consider
the
financial
strength
of
TIAA.
The
Board
recognized
the
benefit
of
an
investment
adviser
and
its
parent
with
significant
resources,
particularly
during
periods
of
market
volatility.
The
Board
also
noted
the
reinvestments
Nuveen,
its
parent
and/or
other
affiliates
made
into
its
business
through,
among
other
things,
the
investment
of
seed
capital
in
certain
Nuveen
funds
and
continued
investments
in
enhancements
to
technological
capabilities.
In
addition
to
Nuveen,
the
Independent
Board
Members
considered
the
profitability
of
the
Sub-Adviser
from
its
relationships
with
the
respective
Nuveen
funds.
In
this
regard,
the
Independent
Board
Members
reviewed,
among
other
things,
the
Sub-Adviser’s
revenues,
expenses
and
net
revenue
margins
(pre-
and
after-tax)
for
its
advisory
activities
to
the
respective
Nuveen
funds
for
the
calendar
years
ended
December
31,
2022
and
December
31,
2021.
The
Independent
Board
Members
also
reviewed
a
profitability
analysis
reflecting
the
revenues,
expenses
and
revenue
margin
(pre-
and
after-tax)
by
asset
type
for
the
Sub-Adviser
for
the
calendar
years
ending
December
31,
2022
and
December
31,
2021.
In
evaluating
the
reasonableness
of
the
compensation,
the
Independent
Board
Members
also
considered
any
other
ancillary
benefits
derived
by
the
respective
Fund
Adviser
from
its
relationship
with
the
Nuveen
funds
as
discussed
in
further
detail
below.
Based
on
a
consideration
of
all
the
information
provided,
the
Board
noted
that
Nuveen’s
and
the
Sub-Adviser’s
level
of
profitability
was
acceptable
and
not
unreasonable
in
light
of
the
services
provided.
D.
Economies
of
Scale
and
Whether
Fee
Levels
Reflect
These
Economies
of
Scale
The
Board
considered
whether
there
have
been
economies
of
scale
with
respect
to
the
management
of
the
Nuveen
funds,
whether
these
economies
of
scale
have
been
appropriately
shared
with
the
funds
and
whether
there
is
potential
for
realization
of
further
economies
of
scale.
Although
the
Board
recognized
that
economies
of
scale
are
difficult
to
measure
with
any
precision
and
certain
expenses
may
not
decline
with
a
rise
in
assets,
the
Board
considered
that
Nuveen
shares
the
benefits
of
economies
of
scale,
if
any,
in
a
number
of
ways
including
through
the
use
of
breakpoints
in
the
management
fee
schedule,
fee
waivers
and/or
expense
limitations,
the
pricing
of
funds
at
scale
at
inception
and
investments
in
Nuveen’s
business
which
can
enhance
the
services
provided
to
the
funds
for
the
fees
paid.
In
this
regard,
the
Board
recognized
that
the
management
fee
of
the
Adviser
is
generally
comprised
of
a
fund-level
component
and
a
complex-level
component
each
with
its
own
breakpoint
schedule,
subject
to
certain
exceptions.
The
Board
reviewed
the
fund-level
and
complex-level
fee
schedules.
With
this
structure,
the
Board
noted
that
the
complex-level
breakpoint
schedule
is
designed
to
deliver
the
benefits
of
economies
of
scale
to
shareholders
when
the
eligible
assets
in
the
complex
pass
certain
thresholds
even
if
the
assets
of
a
particular
fund
are
unchanged
or
have
declined,
and
the
fund-level
breakpoint
schedules
are
designed
to
share
economies
of
scale
with
shareholders
if
the
particular
fund
grows.
In
addition
to
the
fund-level
and
complex-level
fee
schedules,
the
Independent
Board
Members
considered
the
temporary
and/or
permanent
expense
caps
applicable
to
certain
Nuveen
funds
(including
the
amounts
of
fees
waived
or
amounts
reimbursed
to
the
respective
funds
in
2022
and
2021),
including
the
permanent
expense
cap
applicable
to
the
Intermediate
Duration
Fund.
The
Board
recognized
that
such
waivers
and
reimbursements
applicable
to
the
respective
Nuveen
funds
are
another
means
for
potential
economies
of
scale
to
be
shared
with
shareholders
of
such
funds
and
can
provide
a
protection
from
an
increase
in
expenses
if
the
assets
of
the
applicable
funds
decline.
As
noted
above,
the
Independent
Board
Members
also
recognized
the
continued
reinvestment
in
Nuveen’s
business
to
enhance
its
capabilities
and
services
to
the
benefit
of
its
various
clients.
The
Board
understood
that
many
of
these
investments
in
the
Nuveen
business
were
not
specific
to
individual
Nuveen
funds
but
rather
incurred
across
of
a
variety
of
products
and
services
pursuant
to
which
the
family
of
Nuveen
funds
as
a
whole
may
benefit.
In
addition,
the
Board
also
considered
that
Nuveen
has
provided,
without
raising
advisory
fees
to
the
Nuveen
funds,
certain
additional
services,
including,
but
not
limited
to,
services
required
by
new
regulations
and
regulatory
interpretations,
and
this
was
also
a
means
of
sharing
economies
of
scale
with
the
funds
and
their
shareholders.
Based
on
its
review,
the
Board
was
satisfied
that
the
current
fee
arrangements
together
with
the
reinvestment
in
Nuveen’s
business
appropriately
shared
any
economies
of
scale
with
shareholders.
E.
Indirect
Benefits
The
Independent
Board
Members
received
and
considered
information
regarding
other
benefits
the
respective
Fund
Adviser
or
its
affiliates
may
receive
as
a
result
of
their
relationship
with
the
Nuveen
funds.
The
Independent
Board
Members
recognized
that
an
affiliate
of
the
Adviser
serves
as
principal
underwriter
providing
distribution
and/or
shareholder
services
to
the
open-end
funds
for
which
it
may
be
compensated.
The
Independent
Board
Members
further
noted
that,
subject
to
certain
exceptions,
certain
classes
of
the
Nuveen
open-end
funds
pay
12b-1
fees
and
while
a
majority
of
such
fees
were
paid
to
third
party
financial
intermediaries,
the
Board
reviewed
the
amount
retained
by
the
Adviser’s
affiliate.
In
addition,
the
Independent
Board
Members
noted
that
the
various
sub-advisers
to
the
Nuveen
funds
do
not
generally
benefit
from
soft
dollar
arrangements
with
respect
to
Nuveen
fund
portfolio
transactions.
Based
on
its
review,
the
Board
concluded
that
any
indirect
benefits
received
by
a
Fund
Adviser
as
a
result
of
its
relationship
with
the
Funds
were
reasonable
in
light
of
the
services
provided.
F.
Other
Considerations
The
Independent
Board
Members
did
not
identify
any
single
factor
discussed
previously
as
all-important
or
controlling.
The
Independent
Board
Members
concluded
that
the
terms
of
each
Advisory
Agreement
were
reasonable,
that
the
respective
Fund
Adviser’s
fees
were
reasonable
in
light
of
the
services
provided
to
each
Fund
and
that
the
Advisory
Agreements
be
renewed
for
an
additional
one-year
period.
Nuveen
Securities,
LLC,
member
FINRA
and
SIPC
333
West
Wacker
Drive
Chicago,
IL
60606
www.nuveen.com
MSA-NAT-0923P
3176198-INV-B-11/24
Nuveen:
Serving
Investors
for
Generations
Since
1898,
financial
advisors
and
their
clients
have
relied
on
Nuveen
to
provide
dependable
investment
solutions
through
continued
adherence
to
proven,
long-term
investing
principles.
Today,
we
offer
a
range
of
high
quality
solutions
designed
to
be
integral
components
of
a
well-diversified
core
portfolio.
Focused
on
meeting
investor
needs.
Nuveen
is
the
investment
manager
of
TIAA.
We
have
grown
into
one
of
the
world’s
premier
global
asset
managers,
with
specialist
knowledge
across
all
major
asset
classes
and
particular
strength
in
solutions
that
provide
income
for
investors
and
that
draw
on
our
expertise
in
alternatives
and
responsible
investing.
Nuveen
is
driven
not
only
by
the
independent
investment
processes
across
the
firm,
but
also
the
insights,
risk
management,
analytics
and
other
tools
and
resources
that
a
truly
world-class
platform
provides.
As
a
global
asset
manager,
our
mission
is
to
work
in
partnership
with
our
clients
to
create
solutions
which
help
them
secure
their
financial
future.
Find
out
how
we
can
help
you.
To
learn
more
about
how
the
products
and
services
of
Nuveen
may
be
able
to
help
you
meet
your
financial
goals,
talk
to
your
financial
advisor,
or
call
us
at
(800)
257-8787.
Please
read
the
information
provided
carefully
before
you
invest.
Investors
should
consider
the
investment
objective
and
policies,
risk
considerations,
charges
and
expenses
of
any
investment
carefully.
Where
applicable,
be
sure
to
obtain
a
prospectus,
which
contains
this
and
other
relevant
information.
To
obtain
a
prospectus,
please
contact
your
securities
representative
or
Nuveen,
333
W.
Wacker
Dr.,
Chicago,
IL
60606.
Please
read
the
prospectus
carefully
before
you
invest
or
send
money.
Learn
more
about
Nuveen
Funds
at:
www.nuveen.com/mutual-funds
NOT
FDIC
INSURED
MAY
LOSE
VALUE
NO
BANK
GUARANTEE
Not applicable to this filing.
| ITEM 3. | AUDIT COMMITTEE FINANCIAL EXPERT. |
Not applicable to this filing.
| ITEM 4. | PRINCIPAL ACCOUNTANT FEES AND SERVICES. |
Not applicable to this filing.
| ITEM 5. | AUDIT COMMITTEE OF LISTED REGISTRANTS. |
Not applicable to this registrant.
| ITEM 6. | SCHEDULE OF INVESTMENTS. |
| (a) | | See Portfolio of Investments in Item 1. |
| ITEM 7. | DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES. |
Not applicable to this registrant.
| ITEM 8. | PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES. |
Not applicable to this registrant.
| ITEM 9. | PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS. |
Not applicable to this registrant.
| ITEM 10. | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. |
There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s Board implemented after the registrant last provided disclosure in response to this Item.
| ITEM 11. | CONTROLS AND PROCEDURES. |
| | (a) | | The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
| | (b) | | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
| ITEM 12. | DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES. |
Not applicable.
File the exhibits listed below as part of this Form.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Nuveen Investment Funds, Inc.
| | | | |
| By (Signature and Title) | | /s/ Justin M. Pfaff |
| | Justin M. Pfaff |
| | Chief Administrative Officer |
Date: December 7, 2023
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| | |
| By (Signature and Title) | | /s/ Justin M. Pfaff |
| | Justin M. Pfaff |
| | Chief Administrative Officer |
| | (principal executive officer) |
Date: December 7, 2023
| | |
| By (Signature and Title) | | /s/ E. Scott Wickerham |
| | E. Scott Wickerham Vice President and Funds Controller (principal financial officer) |
Date: December 7, 2023
