Nuveen Investment Trust Ii NPORT-P Nuveen International Value Fund (Sep 2024 report)

1

Portfolio

of

Investments

September

30,

2024

International

Value

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM

INVESTMENTS

-

98.2%   

X

113,366,347

COMMON

STOCKS

-

98

.2

%

X

113,366,347

AUTOMOBILES

&

COMPONENTS

-

4.4%

1,285,530

Dowlais

Group

PLC

$

1,005,897

13,722

Hyundai

Motor

Co

1,784,938

12,937

Toyota

Motor

Corp,

Sponsored

ADR

2,310,160

TOTAL

AUTOMOBILES

&

COMPONENTS

5,100,995

BANKS

-

12.2%

743,551

Barclays

PLC

2,234,059

267,254

ING

Groep

NV

4,848,790

152,081

Nordea

Bank

Abp

1,795,351

147,532

Oversea-Chinese

Banking

Corp

Ltd

1,727,005

143,600

Sumitomo

Mitsui

Trust

Group

Inc

3,437,056

TOTAL

BANKS

14,042,261

CAPITAL

GOODS

-

13.3%

151,446

Alstom

SA

3,146,569

58,185

Komatsu

Ltd

1,628,872

92,962

Mabuchi

Motor

Co

Ltd

1,443,236

268,665

Melrose

Industries

PLC

1,641,963

125,100

Mitsubishi

Electric

Corp

2,029,238

17,188

Siemens

AG

3,477,268

12,365

Thales

SA

1,965,183

TOTAL

CAPITAL

GOODS

15,332,329

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

3.2%

45,467

Adecco

Group

AG

1,550,621

13,057

Wolters

Kluwer

NV

2,202,345

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

3,752,966

CONSUMER

DURABLES

&

APPAREL

-

5.1%

89,964

Sekisui

House

Ltd

2,497,912

1,044,375

Taylor

Wimpey

PLC

2,297,292

125,400

Yamaha

Corp

1,084,410

TOTAL

CONSUMER

DURABLES

&

APPAREL

5,879,614

CONSUMER

SERVICES

-

3.1%

41,164

Accor

SA

1,789,394

738,691

(a)

Sands

China

Ltd

1,860,239

TOTAL

CONSUMER

SERVICES

3,649,633

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

3.7%

105,600

Seven

&

i

Holdings

Co

Ltd

1,590,088

548,520

Tesco

PLC

2,633,614

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

4,223,702

ENERGY

-

5.0%

53,028

Shell

PLC,

ADR

3,497,197

96,041

Technip

Energies

NV

2,320,612

TOTAL

ENERGY

5,817,809

FINANCIAL

SERVICES

-

4.0%

16,768

Groupe

Bruxelles

Lambert

NV

1,306,633

108,898

UBS

Group

AG

3,366,036

TOTAL

FINANCIAL

SERVICES

4,672,669

FOOD,

BEVERAGE

&

TOBACCO

-

1.7%

21,679

Heineken

NV

1,924,447

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

1,924,447

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

1.3%

35,063

Fresenius

Medical

Care

AG

&

Co

KGaA

1,489,885

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

1,489,885

INSURANCE

-

9.4%

6,217

Allianz

SE

2,044,889

35,682

Axis

Capital

Holdings

Ltd

2,840,644

28,812

NN

Group

NV

1,437,606

221,128

Prudential

PLC

2,051,459

Portfolio

of

Investments

September

30,

2024

(continued)

International

Value

2

SHARES

DESCRIPTION

VALUE

INSURANCE

(continued)

109,300

Sompo

Holdings

Inc

$

2,463,708

TOTAL

INSURANCE

10,838,306

MATERIALS

-

7.7%

27,982

Agnico

Eagle

Mines

Ltd

2,254,230

51,474

Anglo

American

PLC

1,673,198

50,299

BHP

Group

Ltd

1,561,590

12,321

DSM-Firmenich

AG

1,700,387

34,642

Nutrien

Ltd

1,664,670

TOTAL

MATERIALS

8,854,075

MEDIA

&

ENTERTAINMENT

-

3.4%

10,287

(a)

Baidu

Inc,

Sponsored

ADR

1,083,118

26,284

Publicis

Groupe

SA

2,876,421

TOTAL

MEDIA

&

ENTERTAINMENT

3,959,539

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

6.1%

88,517

GSK

PLC

1,802,296

7,146

Roche

Holding

AG

2,286,843

25,647

Sanofi

SA

2,952,973

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

7,042,112

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

-

0.8%

945,000

Hang

Lung

Properties

Ltd

910,679

TOTAL

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

910,679

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

3.0%

45,831

AIXTRON

SE

816,816

92,600

Rohm

Co

Ltd

1,043,201

52,000

Taiwan

Semiconductor

Manufacturing

Co

Ltd

1,568,015

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

3,428,032

SOFTWARE

&

SERVICES

-

2.0%

9,972

SAP

SE

2,280,920

TOTAL

SOFTWARE

&

SERVICES

2,280,920

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

1.4%

61,800

FUJIFILM

Holdings

Corp

1,599,812

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

1,599,812

TELECOMMUNICATION

SERVICES

-

1.4%

62,793

Nippon

Telegraph

&

Telephone

Corp,

ADR

1,611,093

TOTAL

TELECOMMUNICATION

SERVICES

1,611,093

TRANSPORTATION

-

3.8%

57,981

Deutsche

Post

AG

2,586,338

102,600

Japan

Airlines

Co

Ltd

1,794,432

TOTAL

TRANSPORTATION

4,380,770

UTILITIES

-

2.2%

186,262

National

Grid

PLC

2,574,699

TOTAL

UTILITIES

2,574,699

TOTAL

COMMON

STOCKS

(Cost

$75,446,869)

113,366,347

TOTAL

LONG-TERM

INVESTMENTS

(Cost

$75,446,869)

113,366,347

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:

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM

INVESTMENTS

-

 1.5%  

X

1,731,303

REPURCHASE

AGREEMENTS

-

1

.5

%

X

1,731,303

$

1,550,000

(b)

Fixed

Income

Clearing

Corporation

4

.820

%

10/01/24

$

1,550,000

181,303

(c)

Fixed

Income

Clearing

Corporation

1

.520

10/01/24

181,303

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$1,731,303)

1,731,303

TOTAL

SHORT-TERM

INVESTMENTS

(Cost

$1,731,303)

1,731,303

TOTAL

INVESTMENTS

-

99

.7

%

(Cost

$

77,178,172

)

115,097,650

OTHER

ASSETS

&

LIABILITIES,

NET

-  0.3%

390,268

NET

ASSETS

-

100%

$

115,487,918

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

18,627,148

$

94,739,199

$

–

$

113,366,347

Short-Term

Investments:

Repurchase

Agreements

–

1,731,303

–

1,731,303

Total

$

18,627,148

$

96,470,502

$

–

$

115,097,650

(a)

Non-income

producing;

issuer

has

not

declared

an

ex-dividend

date

within

the

past

twelve

months.

(b)

Agreement

with

Fixed

Income

Clearing

Corporation,

4.820%

dated

9/30/24

to

be

repurchased

at

$1,550,207

on

10/1/24,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

4.625%

and

maturity

date

9/30/28,

valued

at

$1,581,007.

(c)

Agreement

with

Fixed

Income

Clearing

Corporation,

1.520%

dated

9/30/24

to

be

repurchased

at

$181,311

on

10/1/24,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

3.500%

and

maturity

date

9/30/26,

valued

at

$185,051.

ADR

American

Depositary

Receipt