1
Nuveen
Global
Equity
Income
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Shares
Description
(a)
Value
LONG-TERM
INVESTMENTS
-
99.7%
X
–
COMMON
STOCKS
-
98
.9
%
X
123,672,335
Automobiles
&
Components
-
1.2%
46,196
General
Motors
Co
$
1,523,082
Total
Automobiles
&
Components
1,523,082
Banks
-
12.6%
49,360
Fifth
Third
Bancorp
1,250,289
16,015
JPMorgan
Chase
&
Co
2,322,495
341,386
Nordea
Bank
Abp
3,747,868
235,620
Oversea-Chinese
Banking
Corp
Ltd
2,203,530
104,200
Sumitomo
Mitsui
Trust
Holdings
Inc
3,922,820
57,421
Wells
Fargo
&
Co
2,346,222
Total
Banks
15,793,224
Capital
Goods
-
9.7%
13,586
Airbus
SE
1,818,465
8,673
Eaton
Corp
PLC
1,849,778
10,221
General
Dynamics
Corp
2,258,534
175,300
Mitsubishi
Electric
Corp
2,165,737
62,400
Mitsui
&
Co
Ltd
2,263,244
12,155
Siemens
AG
1,737,055
Total
Capital
Goods
12,092,813
Consumer
Durables
&
Apparel
-
1.1%
3,021
Kering
SA
1,372,630
Total
Consumer
Durables
&
Apparel
1,372,630
Consumer
Services
-
1.1%
30,269
Las
Vegas
Sands
Corp
1,387,531
Total
Consumer
Services
1,387,531
Consumer
Staples
Distribution
&
Retail
-
2.4%
18,510
Walmart
Inc
2,960,304
Total
Consumer
Staples
Distribution
&
Retail
2,960,304
Energy
-
8.8%
40,860
Baker
Hughes
Co
1,443,175
19,215
Chevron
Corp
3,240,033
109,613
Enterprise
Products
Partners
LP
3,000,108
103,567
Shell
PLC
3,282,475
Total
Energy
10,965,791
Financial
Services
-
2.7%
19,432
Deutsche
Boerse
AG
3,355,844
Total
Financial
Services
3,355,844
Food,
Beverage
&
Tobacco
-
3.9%
31,047
Coca-Cola
Co/The
1,738,011
36,115
Heineken
NV
3,183,953
Total
Food,
Beverage
&
Tobacco
4,921,964
Nuveen
Global
Equity
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
2
Shares
Description
(a)
Value
Health
Care
Equipment
&
Services
-
5.6%
3,886
Elevance
Health
Inc
$
1,692,042
7,057
Humana
Inc
3,433,372
23,137
Medtronic
PLC
1,813,015
Total
Health
Care
Equipment
&
Services
6,938,429
Household
&
Personal
Products
-
3.6%
53,290
Kao
Corp
1,975,193
126,034
Kenvue
Inc
2,530,763
Total
Household
&
Personal
Products
4,505,956
Insurance
-
6.5%
7,589
Allianz
SE
1,806,001
7,894
Everest
Group
Ltd
2,933,963
48,275
NN
Group
NV
1,547,608
4,152
Zurich
Insurance
Group
AG
1,899,770
Total
Insurance
8,187,342
Materials
-
5.8%
91,060
BHP
Group
Ltd
2,557,949
38,640
DuPont
de
Nemours
Inc
2,882,158
29,181
Nutrien
Ltd
1,802,100
Total
Materials
7,242,207
Media
&
Entertainment
-
2.5%
28,853
Comcast
Corp,
Class
A
1,279,342
23,944
Publicis
Groupe
SA
1,812,384
Total
Media
&
Entertainment
3,091,726
Pharmaceuticals,
Biotechnology
&
Life
Sciences
-
9.4%
12,406
AbbVie
Inc
1,849,238
39,688
AstraZeneca
PLC,
Sponsored
ADR
2,687,671
25,968
Gilead
Sciences
Inc
1,946,042
5,853
Johnson
&
Johnson
911,605
28,701
Sanofi
3,081,777
15,062
UCB
SA
1,233,717
Total
Pharmaceuticals,
Biotechnology
&
Life
Sciences
11,710,050
Semiconductors
&
Semiconductor
Equipment
-
5.1%
3,855
Broadcom
Inc
3,201,886
36,557
Intel
Corp
1,299,602
83,000
MediaTek
Inc
1,897,617
Total
Semiconductors
&
Semiconductor
Equipment
6,399,105
Software
&
Services
-
3.6%
8,260
Capgemini
SE
1,441,319
29,201
Oracle
Corp
3,092,970
Total
Software
&
Services
4,534,289
Technology
Hardware
&
Equipment
-
2.7%
30,016
Cisco
Systems
Inc
1,613,660
44,614
Samsung
Electronics
Co
Ltd
1,797,340
Total
Technology
Hardware
&
Equipment
3,411,000
Telecommunication
Services
-
3.2%
127,046
AT&T
Inc
1,908,231
185,848
Telenor
ASA
2,107,635
Total
Telecommunication
Services
4,015,866
3
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Shares
Description
(a)
Value
Transportation
-
2.0%
60,862
DHL
Group
$
2,469,507
Total
Transportation
2,469,507
Utilities
-
5.4%
55,791
Dominion
Energy
Inc
2,492,184
287,337
Enel
SpA
1,762,164
113,310
Engie
SA
1,737,740
67,026
National
Grid
PLC
801,587
Total
Utilities
6,793,675
Total
Common
Stocks
(cost
$107,043,688)
123,672,335
Shares
Description
(a)
Value
X
–
WARRANTS
-
0
.8
%
X
967,678
Financial
Services
-
0.8%
45,590
Merrill
Lynch
International
&
Co
CV
$
967,678
Total
Financial
Services
967,678
Total
Warrants
(cost
$1,079,995)
967,678
Total
Long-Term
Investments
(cost
$108,123,683)
124,640,013
Other
Assets
&
Liabilities,
Net
- 0.3%
356,986
Net
Assets
-
100%
$
124,996,999
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Common
Stocks
$
64,689,406
$
58,982,929
$
–
$
123,672,335
Warrants
–
967,678
–
967,678
Total
$
64,689,406
$
59,950,607
$
–
$
124,640,013
Nuveen
Global
Equity
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
4
For
Fund
portfolio
compliance
purposes,
the
Fund’s
industry
classifications
refer
to
any
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
ratings
group
indexes,
and/or
as
defined
by
Fund
management.
This
definition
may
not
apply
for
purposes
of
this
report,
which
may
combine
industry
sub-classifications
into
sectors
for
reporting
ease.
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
ADR
American
Depositary
Receipt
5
Nuveen
Multi
Cap
Value
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Shares
Description
(a)
Value
LONG-TERM
INVESTMENTS
-
94.5%
X
–
COMMON
STOCKS
-
94
.5
%
X
173,931,095
Automobiles
&
Components
-
2.0%
109,330
General
Motors
Co
$
3,604,610
Total
Automobiles
&
Components
3,604,610
Banks
-
7.9%
111,791
Bank
of
NT
Butterfield
&
Son
Ltd/The
3,027,300
79,073
Citigroup
Inc
3,252,273
28,079
JPMorgan
Chase
&
Co
4,072,017
102,934
Wells
Fargo
&
Co
4,205,883
Total
Banks
14,557,473
Capital
Goods
-
12.6%
20,156
Curtiss-Wright
Corp
3,943,118
136,823
Flowserve
Corp
5,441,451
19,662
General
Dynamics
Corp
4,344,712
10,566
Honeywell
International
Inc
1,951,963
7,325
Hubbell
Inc
2,295,728
96,721
nVent
Electric
PLC
5,125,246
Total
Capital
Goods
23,102,218
Consumer
Discretionary
Distribution
&
Retail
-
1.1%
124,344
American
Eagle
Outfitters
Inc
2,065,354
Total
Consumer
Discretionary
Distribution
&
Retail
2,065,354
Consumer
Durables
&
Apparel
-
1.1%
27,382
PulteGroup
Inc
2,027,637
Total
Consumer
Durables
&
Apparel
2,027,637
Consumer
Services
-
1.0%
61,136
(b)
Brinker
International
Inc
1,931,286
Total
Consumer
Services
1,931,286
Consumer
Staples
Distribution
&
Retail
-
2.7%
30,808
Walmart
Inc
4,927,123
Total
Consumer
Staples
Distribution
&
Retail
4,927,123
Energy
-
11.4%
110,725
Baker
Hughes
Co
3,910,807
10,930
Cheniere
Energy
Inc
1,813,943
25,580
Chesapeake
Energy
Corp
2,205,763
24,217
Hess
Corp
3,705,201
167,788
Permian
Resources
Corp
2,342,321
107,927
Shell
PLC,
ADR
6,948,340
Total
Energy
20,926,375
Equity
Real
Estate
Investment
Trusts
(REITs)
-
2.5%
59,817
American
Homes
4
Rent,
Class
A
2,015,235
72,622
STAG
Industrial
Inc
2,506,185
Total
Equity
Real
Estate
Investment
Trusts
(REITs)
4,521,420
Financial
Services
-
7.0%
49,908
(c)
B
Riley
Financial
Inc
2,045,729
35,312
Discover
Financial
Services
3,059,079
30,023
(b)
Fiserv
Inc
3,391,398
Nuveen
Multi
Cap
Value
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
6
Shares
Description
(a)
Value
Financial
Services
(continued)
27,018
Morgan
Stanley
$
2,206,560
31,446
State
Street
Corp
2,105,624
Total
Financial
Services
12,808,390
Health
Care
Equipment
&
Services
-
4.9%
7,923
Elevance
Health
Inc
3,449,833
4,615
Humana
Inc
2,245,290
42,423
Medtronic
PLC
3,324,266
Total
Health
Care
Equipment
&
Services
9,019,389
Household
&
Personal
Products
-
2.9%
269,897
Kenvue
Inc
5,419,532
Total
Household
&
Personal
Products
5,419,532
Insurance
-
4.1%
6,317
Aon
PLC,
Class
A
2,048,097
28,482
Globe
Life
Inc
3,096,848
12,590
RenaissanceRe
Holdings
Ltd
2,491,813
Total
Insurance
7,636,758
Materials
-
4.3%
60,910
DuPont
de
Nemours
Inc
4,543,277
32,890
Innospec
Inc
3,361,358
Total
Materials
7,904,635
Media
&
Entertainment
-
5.1%
23,935
(b)
Alphabet
Inc,
Class
A
3,132,134
40,334
Comcast
Corp,
Class
A
1,788,409
81,247
(b)
TripAdvisor
Inc
1,347,075
19,573
(b)
Walt
Disney
Co/The
1,586,392
149,737
(b)
Warner
Bros
Discovery
Inc
1,626,144
Total
Media
&
Entertainment
9,480,154
Pharmaceuticals,
Biotechnology
&
Life
Sciences
-
9.1%
21,038
AbbVie
Inc
3,135,924
690,217
(b)
ADMA
Biologics
Inc
2,470,977
44,075
AstraZeneca
PLC,
Sponsored
ADR
2,984,759
4,511
(b)
Bio-Rad
Laboratories
Inc,
Class
A
1,616,968
45,524
Gilead
Sciences
Inc
3,411,569
58,371
Sanofi,
ADR
3,131,020
Total
Pharmaceuticals,
Biotechnology
&
Life
Sciences
16,751,217
Semiconductors
&
Semiconductor
Equipment
-
2.0%
66,020
(b)
Rambus
Inc
3,683,256
Total
Semiconductors
&
Semiconductor
Equipment
3,683,256
Software
&
Services
-
6.2%
135,079
Gen
Digital
Inc
2,388,197
43,935
Oracle
Corp
4,653,595
95,145
(b)
Teradata
Corp
4,283,428
Total
Software
&
Services
11,325,220
Technology
Hardware
&
Equipment
-
0.8%
77,148
(b)
Viasat
Inc
1,424,152
Total
Technology
Hardware
&
Equipment
1,424,152
7
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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.
Shares
Description
(a)
Value
Telecommunication
Services
-
1.0%
127,578
AT&T
Inc
$
1,916,222
Total
Telecommunication
Services
1,916,222
Utilities
-
4.8%
42,838
Alliant
Energy
Corp
2,075,501
19,411
Constellation
Energy
Corp
2,117,352
61,554
Dominion
Energy
Inc
2,749,617
26,550
Pinnacle
West
Capital
Corp
1,956,204
Total
Utilities
8,898,674
Total
Common
Stocks
(cost
$160,160,474)
173,931,095
Total
Long-Term
Investments
(cost
$160,160,474)
173,931,095
Shares
Description
(a)
Coupon
Value
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.9%
X
–
1,571,182
(d)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.360%(e)
$
1,571,182
Total
Investments
Purchased
with
Collateral
from
Securities
Lending
(cost
$1,571,182)
1,571,182
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
5.3%
X
–
REPURCHASE
AGREEMENTS
-
5
.3
%
9,702,396
$
492
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/29/23,
repurchase
price
$492,462,
collateralized
by
$698,300,
U.S.
Treasury
Bond,
2.875%,
due
05/15/2052,
value
$502,285
1.600%
10/02/23
$
492,396
9,210
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/29/23,
repurchase
price
$9,214,052,
collateralized
by
$12,982,000,
U.S.
Treasury
Bond,
2.875%,
due
05/15/2049,
value
$9,394,201
5.280%
10/02/23
9,210,000
Total
Repurchase
Agreements
(cost
$9,702,396)
9,702,396
Total
Short-Term
Investments
(cost
$9,702,396)
9,702,396
Total
Investments
(cost
$
171,434,052
)
-
100
.7
%
185,204,673
Other
Assets
&
Liabilities,
Net
- (0.7)%
(
1,231,833
)
Net
Assets
-
100%
$
183,972,840
Nuveen
Multi
Cap
Value
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
8
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Common
Stocks
$
173,931,095
$
–
$
–
$
173,931,095
Investments
Purchased
with
Collateral
from
Securities
Lending
1,571,182
–
–
1,571,182
Short-Term
Investments:
Repurchase
Agreements
–
9,702,396
–
9,702,396
Total
$
175,502,277
$
9,702,396
$
–
$
185,204,673
For
Fund
portfolio
compliance
purposes,
the
Fund’s
industry
classifications
refer
to
any
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
ratings
group
indexes,
and/or
as
defined
by
Fund
management.
This
definition
may
not
apply
for
purposes
of
this
report,
which
may
combine
industry
sub-classifications
into
sectors
for
reporting
ease.
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(b)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(c)
Investment,
or
a
portion
of
investment,
is
out
on
loan
for
securities
lending.
The
total
value
of
the
securities
out
on
loan
as
of
the
end
of
the
reporting
period
was
$1,500,890.
(d)
The
Fund
may
loan
securities
representing
up
to
one
third
of
the
value
of
its
total
assets
(which
includes
collateral
for
securities
on
loan)
to
broker
dealers,
banks,
and
other
institutions.
The
collateral
maintained
by
the
Fund
shall
have
a
value,
at
the
inception
of
each
loan,
equal
to
not
less
than
100%
of
the
value
of
the
loaned
securities.
The
cash
collateral
received
by
the
Fund
is
invested
in
this
money
market
fund.
(e)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
ADR
American
Depositary
Receipt
REIT
Real
Estate
Investment
Trust
9
Nuveen
Large
Cap
Value
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Shares
Description
(a)
Value
LONG-TERM
INVESTMENTS
-
99.6%
X
–
COMMON
STOCKS
-
99
.6
%
X
18,773,340
Automobiles
&
Components
-
2.2%
12,771
General
Motors
Co
$
421,060
Total
Automobiles
&
Components
421,060
Banks
-
7.3%
9,074
Citigroup
Inc
373,213
3,495
JPMorgan
Chase
&
Co
506,845
12,186
Wells
Fargo
&
Co
497,920
Total
Banks
1,377,978
Capital
Goods
-
12.9%
1,268
Eaton
Corp
PLC
270,439
11,428
Flowserve
Corp
454,492
2,263
General
Dynamics
Corp
500,055
1,102
Honeywell
International
Inc
203,583
838
Hubbell
Inc
262,638
9,414
nVent
Electric
PLC
498,848
3,417
Raytheon
Technologies
Corp
245,921
Total
Capital
Goods
2,435,976
Consumer
Durables
&
Apparel
-
1.1%
2,874
PulteGroup
Inc
212,820
Total
Consumer
Durables
&
Apparel
212,820
Consumer
Staples
Distribution
&
Retail
-
2.7%
3,219
Walmart
Inc
514,815
Total
Consumer
Staples
Distribution
&
Retail
514,815
Energy
-
10.8%
11,538
Baker
Hughes
Co
407,522
1,344
Cheniere
Energy
Inc
223,050
2,671
Chesapeake
Energy
Corp
230,321
2,870
Hess
Corp
439,110
11,279
Shell
PLC,
ADR
726,142
Total
Energy
2,026,145
Equity
Real
Estate
Investment
Trusts
(Reits)
-
1.8%
3,299
Alexandria
Real
Estate
Equities
Inc
330,230
Total
Equity
Real
Estate
Investment
Trusts
(Reits)
330,230
Financial
Services
-
8.4%
3,688
Discover
Financial
Services
319,492
4,067
(b)
Fiserv
Inc
459,408
4,927
KKR
&
Co
Inc
303,503
3,125
Morgan
Stanley
255,219
3,702
State
Street
Corp
247,886
Total
Financial
Services
1,585,508
Food,
Beverage
&
Tobacco
-
1.4%
4,794
Coca-Cola
Co/The
268,368
Total
Food,
Beverage
&
Tobacco
268,368
Nuveen
Large
Cap
Value
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
10
Shares
Description
(a)
Value
Health
Care
Equipment
&
Services
-
6.6%
839
Elevance
Health
Inc
$
365,317
583
Humana
Inc
283,641
4,786
Medtronic
PLC
375,031
1,779
Quest
Diagnostics
Inc
216,789
Total
Health
Care
Equipment
&
Services
1,240,778
Household
&
Personal
Products
-
3.0%
28,005
Kenvue
Inc
562,340
Total
Household
&
Personal
Products
562,340
Insurance
-
6.3%
5,455
American
International
Group
Inc
330,573
798
Aon
PLC,
Class
A
258,728
3,050
Globe
Life
Inc
331,626
1,328
RenaissanceRe
Holdings
Ltd
262,838
Total
Insurance
1,183,765
Materials
-
4.6%
4,186
BHP
Group
Ltd,
Sponsored
ADR
238,100
6,695
DuPont
de
Nemours
Inc
499,380
2,684
Olin
Corp
134,146
Total
Materials
871,626
Media
&
Entertainment
-
6.1%
3,475
(b)
Alphabet
Inc,
Class
A
454,738
4,863
Comcast
Corp,
Class
A
215,625
6,644
(b)
TripAdvisor
Inc
110,158
2,255
(b)
Walt
Disney
Co/The
182,768
16,645
(b)
Warner
Bros
Discovery
Inc
180,765
Total
Media
&
Entertainment
1,144,054
Pharmaceuticals,
Biotechnology
&
Life
Sciences
-
9.3%
2,250
AbbVie
Inc
335,385
5,731
AstraZeneca
PLC,
Sponsored
ADR
388,103
561
(b)
Bio-Rad
Laboratories
Inc,
Class
A
201,090
6,007
Gilead
Sciences
Inc
450,165
6,932
Sanofi,
ADR
371,833
Total
Pharmaceuticals,
Biotechnology
&
Life
Sciences
1,746,576
Semiconductors
&
Semiconductor
Equipment
-
2.3%
12,224
Intel
Corp
434,563
Total
Semiconductors
&
Semiconductor
Equipment
434,563
Software
&
Services
-
4.1%
14,672
Gen
Digital
Inc
259,401
4,814
Oracle
Corp
509,899
Total
Software
&
Services
769,300
Technology
Hardware
&
Equipment
-
2.1%
4,159
Seagate
Technology
Holdings
PLC
274,286
6,953
(b)
Viasat
Inc
128,352
Total
Technology
Hardware
&
Equipment
402,638
Telecommunication
Services
-
1.3%
16,238
AT&T
Inc
243,895
Total
Telecommunication
Services
243,895
11
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Shares
Description
(a)
Value
Utilities
-
5.3%
4,782
Alliant
Energy
Corp
$
231,688
6,464
Dominion
Energy
Inc
288,747
8,752
FirstEnergy
Corp
299,143
2,461
Pinnacle
West
Capital
Corp
181,327
Total
Utilities
1,000,905
Total
Common
Stocks
(cost
$14,146,147)
18,773,340
Total
Long-Term
Investments
(cost
$14,146,147)
18,773,340
Shares
Description
(a)
Coupon
Value
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.0%
X
–
236
(c)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.360%(d)
$
236
Total
Investments
Purchased
with
Collateral
from
Securities
Lending
(cost
$236)
236
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
0.6%
X
–
REPURCHASE
AGREEMENTS
-
0
.6
%
120,000
$
120
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/29/23,
repurchase
price
$120,053,
collateralized
$153,700,
U.S.
Treasury
Bond,
3.375%,
due
11/15/2048,
value
$122,248
5.280%
10/02/23
$
120,000
Total
Repurchase
Agreements
(cost
$120,000)
120,000
Total
Short-Term
Investments
(cost
$120,000)
120,000
Total
Investments
(cost
$
14,266,383
)
-
100
.2
%
18,893,576
Other
Assets
&
Liabilities,
Net
- (0.2)%
(
39,287
)
Net
Assets
-
100%
$
18,854,289
Nuveen
Large
Cap
Value
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
12
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Common
Stocks
$
18,773,340
$
–
$
–
$
18,773,340
Investments
Purchased
with
Collateral
from
Securities
Lending
236
–
–
236
Short-Term
Investments:
Repurchase
Agreements
–
120,000
–
120,000
Total
$
18,773,576
$
120,000
$
–
$
18,893,576
For
Fund
portfolio
compliance
purposes,
the
Fund’s
industry
classifications
refer
to
any
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
ratings
group
indexes,
and/or
as
defined
by
Fund
management.
This
definition
may
not
apply
for
purposes
of
this
report,
which
may
combine
industry
sub-classifications
into
sectors
for
reporting
ease.
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(b)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(c)
The
Fund
may
loan
securities
representing
up
to
one
third
of
the
value
of
its
total
assets
(which
includes
collateral
for
securities
on
loan)
to
broker
dealers,
banks,
and
other
institutions.
The
collateral
maintained
by
the
Fund
shall
have
a
value,
at
the
inception
of
each
loan,
equal
to
not
less
than
100%
of
the
value
of
the
loaned
securities.
The
cash
collateral
received
by
the
Fund
is
invested
in
this
money
market
fund.
(d)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
ADR
American
Depositary
Receipt
REIT
Real
Estate
Investment
Trust
13
Nuveen
Small/Mid
Cap
Value
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Shares
Description
(a)
Value
LONG-TERM
INVESTMENTS
-
96.1%
X
–
COMMON
STOCKS
-
96
.1
%
X
105,801,346
Automobiles
&
Components
-
4.6%
68,361
(b)
Atmus
Filtration
Technologies
Inc
$
1,425,327
58,386
BorgWarner
Inc
2,357,043
98,947
(b)
Goodyear
Tire
&
Rubber
Co/The
1,229,911
Total
Automobiles
&
Components
5,012,281
Banks
-
6.3%
231,054
New
York
Community
Bancorp
Inc
2,620,152
109,015
Old
National
Bancorp/IN
1,585,078
20,045
Prosperity
Bancshares
Inc
1,094,056
24,590
SouthState
Corp
1,656,383
Total
Banks
6,955,669
Capital
Goods
-
18.6%
25,551
AECOM
2,121,755
27,051
BWX
Technologies
Inc
2,028,284
25,277
Crane
Co
2,245,609
15,061
Curtiss-Wright
Corp
2,946,383
23,980
EnerSys
2,270,187
64,033
Flowserve
Corp
2,546,592
5,864
Hubbell
Inc
1,837,836
18,236
ITT
Inc
1,785,487
51,546
nVent
Electric
PLC
2,731,423
Total
Capital
Goods
20,513,556
Commercial
&
Professional
Services
-
1.4%
4,812
(b)
CACI
International
Inc,
Class
A
1,510,631
Total
Commercial
&
Professional
Services
1,510,631
Consumer
Discretionary
Distribution
&
Retail
-
1.0%
19,355
Advance
Auto
Parts
Inc
1,082,525
Total
Consumer
Discretionary
Distribution
&
Retail
1,082,525
Consumer
Services
-
3.2%
35,650
(b)
Brinker
International
Inc
1,126,184
36,344
(b)
Dave
&
Buster's
Entertainment
Inc
1,347,272
15,095
(b)
Light
&
Wonder
Inc
1,076,726
Total
Consumer
Services
3,550,182
Consumer
Staples
Distribution
&
Retail
-
1.0%
16,148
(b)
BJ's
Wholesale
Club
Holdings
Inc
1,152,483
Total
Consumer
Staples
Distribution
&
Retail
1,152,483
Energy
-
7.5%
96,094
Antero
Midstream
Corp
1,151,206
49,922
Atlas
Energy
Solutions
Inc,
Class
A
1,109,766
20,388
Chesapeake
Energy
Corp
1,758,058
68,600
NOV
Inc
1,433,740
197,296
Permian
Resources
Corp
2,754,252
Total
Energy
8,207,022
Nuveen
Small/Mid
Cap
Value
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
14
Shares
Description
(a)
Value
Equity
Real
Estate
Investment
Trusts
(Reits)
-
6.2%
38,193
Iron
Mountain
Inc
$
2,270,574
175,795
SITE
Centers
Corp
2,167,552
70,640
STAG
Industrial
Inc
2,437,787
Total
Equity
Real
Estate
Investment
Trusts
(Reits)
6,875,913
Equity
Real
Estate
Investment
Trusts
(REITs)
-
1.4%
46,255
American
Homes
4
Rent,
Class
A
1,558,331
Total
Equity
Real
Estate
Investment
Trusts
(REITs)
1,558,331
Financial
Services
-
8.8%
516,917
BGC
Group
Inc,
Class
A
2,729,322
68,176
Carlyle
Group
Inc/The
2,056,188
14,655
(b)
Euronet
Worldwide
Inc
1,163,314
16,126
FirstCash
Holdings
Inc
1,618,728
34,400
Stifel
Financial
Corp
2,113,536
Total
Financial
Services
9,681,088
Health
Care
Equipment
&
Services
-
2.3%
18,590
(b)
Acadia
Healthcare
Co
Inc
1,307,063
16,782
(b)
QuidelOrtho
Corp
1,225,757
Total
Health
Care
Equipment
&
Services
2,532,820
Household
&
Personal
Products
-
1.4%
38,284
(b)
BellRing
Brands
Inc
1,578,449
Total
Household
&
Personal
Products
1,578,449
Insurance
-
6.5%
29,360
Axis
Capital
Holdings
Ltd
1,655,023
5,745
Everest
Group
Ltd
2,135,244
14,137
Globe
Life
Inc
1,537,116
17,353
Selective
Insurance
Group
Inc
1,790,309
Total
Insurance
7,117,692
Materials
-
6.1%
6,337
Avery
Dennison
Corp
1,157,580
22,389
Materion
Corp
2,281,663
29,100
Olin
Corp
1,454,418
7,081
Reliance
Steel
&
Aluminum
Co
1,856,850
Total
Materials
6,750,511
Pharmaceuticals,
Biotechnology
&
Life
Sciences
-
6.6%
735,507
(b)
ADMA
Biologics
Inc
2,633,115
2,933
(b)
Bio-Rad
Laboratories
Inc,
Class
A
1,051,334
69,200
(b)
Exelixis
Inc
1,512,020
9,137
(b)
United
Therapeutics
Corp
2,063,774
Total
Pharmaceuticals,
Biotechnology
&
Life
Sciences
7,260,243
Semiconductors
&
Semiconductor
Equipment
-
2.2%
43,720
(b)
Rambus
Inc
2,439,139
Total
Semiconductors
&
Semiconductor
Equipment
2,439,139
Software
&
Services
-
3.6%
11,900
Amdocs
Ltd
1,005,431
64,547
(b)
Teradata
Corp
2,905,906
Total
Software
&
Services
3,911,337
15
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Shares
Description
(a)
Value
Technology
Hardware
&
Equipment
-
3.1%
40,313
(b)
Ciena
Corp
$
1,905,192
22,780
Seagate
Technology
Holdings
PLC
1,502,341
Total
Technology
Hardware
&
Equipment
3,407,533
Utilities
-
4.3%
12,061
IDACORP
Inc
1,129,513
37,270
NiSource
Inc
919,824
43,823
OGE
Energy
Corp
1,460,620
16,205
Pinnacle
West
Capital
Corp
1,193,984
Total
Utilities
4,703,941
Total
Common
Stocks
(cost
$98,423,479)
105,801,346
Total
Long-Term
Investments
(cost
$98,423,479)
105,801,346
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
3.8%
X
–
REPURCHASE
AGREEMENTS
-
3
.8
%
X
4,171,623
$
212
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/29/23,
repurchase
price
$211,651,
collateralized
$300,100,
U.S.
Treasury
Bond,
2.875%,
due
11/15/2052,
value
$215,861
1.600%
10/02/23
$
211,623
3,960
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/29/23,
repurchase
price
$3,961,742,
collateralized
$5,070,200,
U.S.
Treasury
Bond,
3.375%,
due
11/15/2048,
value
$4,039,256
5.280%
10/02/23
3,960,000
Total
Repurchase
Agreements
(cost
$4,171,623)
4,171,623
Total
Short-Term
Investments
(cost
$4,171,623)
4,171,623
Total
Investments
(cost
$
102,595,102
)
-
99
.9
%
109,972,969
Other
Assets
&
Liabilities,
Net
- 0.1%
115,951
Net
Assets
-
100%
$
110,088,920
Nuveen
Small/Mid
Cap
Value
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
16
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Common
Stocks
$
105,801,346
$
–
$
–
$
105,801,346
Short-Term
Investments:
Repurchase
Agreements
–
4,171,623
–
4,171,623
Total
$
105,801,346
$
4,171,623
$
–
$
109,972,969
For
Fund
portfolio
compliance
purposes,
the
Fund’s
industry
classifications
refer
to
any
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
ratings
group
indexes,
and/or
as
defined
by
Fund
management.
This
definition
may
not
apply
for
purposes
of
this
report,
which
may
combine
industry
sub-classifications
into
sectors
for
reporting
ease.
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(b)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
REIT
Real
Estate
Investment
Trust
17
Nuveen
Small
Cap
Value
Opportunities
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
Shares
Description
(a)
Value
LONG-TERM
INVESTMENTS
-
96.7%
X
–
COMMON
STOCKS
-
96
.7
%
X
176,775,598
Automobiles
&
Components
-
2.5%
116,311
(b)
Atmus
Filtration
Technologies
Inc
$
2,425,084
167,436
(b)
Goodyear
Tire
&
Rubber
Co/The
2,081,230
Total
Automobiles
&
Components
4,506,314
Banks
-
13.6%
142,648
Amalgamated
Financial
Corp
2,456,399
160,431
Columbia
Banking
System
Inc
3,256,749
142,865
Heritage
Financial
Corp/WA
2,330,128
92,041
OFG
Bancorp
2,748,344
210,075
Old
National
Bancorp/IN
3,054,491
144,311
Seacoast
Banking
Corp
of
Florida
3,169,070
52,734
SouthState
Corp
3,552,162
40,375
(b)
Texas
Capital
Bancshares
Inc
2,378,087
68,125
United
Bankshares
Inc/WV
1,879,569
Total
Banks
24,824,999
Capital
Goods
-
16.7%
47,509
BWX
Technologies
Inc
3,562,225
43,559
Crane
Co
3,869,782
16,867
Curtiss-Wright
Corp
3,299,691
41,309
EnerSys
3,910,723
122,958
Flowserve
Corp
4,890,040
216,079
Mueller
Water
Products
Inc,
Class
A
2,739,882
24,074
(b)
MYR
Group
Inc
3,244,212
95,747
nVent
Electric
PLC
5,073,633
Total
Capital
Goods
30,590,188
Consumer
Discretionary
Distribution
&
Retail
-
1.0%
34,138
Advance
Auto
Parts
Inc
1,909,338
Total
Consumer
Discretionary
Distribution
&
Retail
1,909,338
Consumer
Services
-
7.2%
278,628
(b)
Accel
Entertainment
Inc
3,050,976
60,493
(b)
Dave
&
Buster's
Entertainment
Inc
2,242,475
28,284
(b)
Light
&
Wonder
Inc
2,017,498
193,007
Perdoceo
Education
Corp
3,300,420
58,098
(b)
Stride
Inc
2,616,153
Total
Consumer
Services
13,227,522
Energy
-
10.2%
239,912
Antero
Midstream
Corp
2,874,146
100,870
Atlas
Energy
Solutions
Inc,
Class
A
2,242,340
188,980
Magnolia
Oil
&
Gas
Corp,
Class
A
4,329,532
457,867
Permian
Resources
Corp
6,391,823
30,191
(b)
Weatherford
International
PLC
2,727,153
Total
Energy
18,564,994
Equity
Real
Estate
Investment
Trusts
(Reits)
-
5.4%
67,983
Getty
Realty
Corp
1,885,168
307,591
SITE
Centers
Corp
3,792,597
123,380
STAG
Industrial
Inc
4,257,844
Total
Equity
Real
Estate
Investment
Trusts
(Reits)
9,935,609
Nuveen
Small
Cap
Value
Opportunities
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
18
Shares
Description
(a)
Value
Financial
Services
-
7.4%
128,859
(b)
AssetMark
Financial
Holdings
Inc
$
3,231,784
871,501
BGC
Group
Inc,
Class
A
4,601,525
26,676
FirstCash
Holdings
Inc
2,677,737
289,317
Perella
Weinberg
Partners
2,945,247
Total
Financial
Services
13,456,293
Food,
Beverage
&
Tobacco
-
1.0%
55,833
(b)
Hostess
Brands
Inc
1,859,797
Total
Food,
Beverage
&
Tobacco
1,859,797
Health
Care
Equipment
&
Services
-
1.1%
75,242
(b)
Fulgent
Genetics
Inc
2,011,971
Total
Health
Care
Equipment
&
Services
2,011,971
Household
&
Personal
Products
-
1.4%
64,015
(b)
BellRing
Brands
Inc
2,639,338
Total
Household
&
Personal
Products
2,639,338
Insurance
-
3.3%
45,307
Axis
Capital
Holdings
Ltd
2,553,956
33,732
Selective
Insurance
Group
Inc
3,480,130
Total
Insurance
6,034,086
Materials
-
3.3%
18,426
Innospec
Inc
1,883,137
40,163
Materion
Corp
4,093,012
Total
Materials
5,976,149
Pharmaceuticals,
Biotechnology
&
Life
Sciences
-
7.2%
1,297,555
(b)
ADMA
Biologics
Inc
4,645,247
35,677
(b)
Halozyme
Therapeutics
Inc
1,362,862
99,360
(b)
ImmunoGen
Inc
1,576,843
47,536
(b)
Prestige
Consumer
Healthcare
Inc
2,718,584
13,045
(b)
United
Therapeutics
Corp
2,946,474
Total
Pharmaceuticals,
Biotechnology
&
Life
Sciences
13,250,010
Real
Estate
Management
&
Development
-
1.3%
166,327
Kennedy-Wilson
Holdings
Inc
2,451,660
Total
Real
Estate
Management
&
Development
2,451,660
Semiconductors
&
Semiconductor
Equipment
-
2.3%
74,731
(b)
Rambus
Inc
4,169,243
Total
Semiconductors
&
Semiconductor
Equipment
4,169,243
Software
&
Services
-
6.4%
125,908
(b)
Cerence
Inc
2,564,746
186,665
(b)
PowerSchool
Holdings
Inc,
Class
A
4,229,829
107,097
(b)
Teradata
Corp
4,821,507
Total
Software
&
Services
11,616,082
Technology
Hardware
&
Equipment
-
1.1%
203,152
(b)
Harmonic
Inc
1,956,354
Total
Technology
Hardware
&
Equipment
1,956,354
19
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Shares
Description
(a)
Value
Utilities
-
4.3%
27,970
IDACORP
Inc
$
2,619,390
40,518
MGE
Energy
Inc
2,775,888
39,933
SJW
Group
2,400,373
Total
Utilities
7,795,651
Total
Common
Stocks
(cost
$148,022,916)
176,775,598
Total
Long-Term
Investments
(cost
$148,022,916)
176,775,598
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
3.3%
X
–
REPURCHASE
AGREEMENTS
-
3
.3
%
X
6,043,701
$
304
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/29/23,
repurchase
price
$303,741,
collateralized
$430,700,
U.S.
Treasury
Bond,
2.875%,
due
05/15/2052,
value
$309,801
1.600%
10/02/23
$
303,701
5,740
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/29/23,
repurchase
price
$5,742,526,
collateralized
$8,090,900,
U.S.
Treasury
Bond,
2.875%,
due
05/15/2049,
value
$5,854,841
5.280%
10/02/23
5,740,000
Total
Repurchase
Agreements
(cost
$6,043,701)
6,043,701
Total
Short-Term
Investments
(cost
$6,043,701)
6,043,701
Total
Investments
(cost
$
154,066,617
)
-
100
.0
%
182,819,299
Other
Assets
&
Liabilities,
Net
- 0.0%
13,895
Net
Assets
-
100%
$
182,833,194
Nuveen
Small
Cap
Value
Opportunities
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
20
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Common
Stocks
$
176,775,598
$
–
$
–
$
176,775,598
Short-Term
Investments:
Repurchase
Agreements
–
6,043,701
–
6,043,701
Total
$
176,775,598
$
6,043,701
$
–
$
182,819,299
For
Fund
portfolio
compliance
purposes,
the
Fund’s
industry
classifications
refer
to
any
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
ratings
group
indexes,
and/or
as
defined
by
Fund
management.
This
definition
may
not
apply
for
purposes
of
this
report,
which
may
combine
industry
sub-classifications
into
sectors
for
reporting
ease.
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(b)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
REIT
Real
Estate
Investment
Trust