Nuveen Investment Trust NPORT-P Nuveen Large Cap Value Fund (Sep 2023 report)

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