Nuveen Managed Accounts Portfolios Trust NPORT-P Nuveen Preferred Securities and Income Managed Accounts Portfoli (Oct 2024 report)

1

Portfolio

of

Investments

October

31,

2024

Municipal

Total

Return

Managed

Accounts

Portfolio

(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM

INVESTMENTS

-

96.5%   

1528218920

MUNICIPAL

BONDS

-

96

.5

%

1528218920

ALABAMA

-

0.5%

$

1,000,000

(a)

Florence

Public

Educational

Building

Authority,

Alabama,

Revenue

Bonds,

University

of

North

Alabama

Athletic

Facilities

1830

Foundation

Series

2024

5

.250

%

11/01/49

$

1,080,813

2,960,000

Huntsville,

Alabama,

General

Obligation

Warrants,

Series

2023B

5

.000

03/01/40

3,293,418

1,415,000

Madison

Water

and

Wastewater

Board,

Alabama,

Water

and

Sewer

Revenue

Bonds,

Series

2023

5

.250

12/01/48

1,559,647

1,205,000

The

Public

Educational

Building

Authority

of

Jacksonville,

Alabama,

Jacksonville

State

University

Foundation,

Higher

Educational

Facilities

Revenue

Bonds,

Jackson

State

University

Project

Series

2023A

-

AGM

Insured

5

.000

08/01/54

1,253,728

TOTAL

ALABAMA

7,187,606

ALASKA

-

0.8%

5,405,000

Alaska

Housing

Finance

Corporation,

General

Obligation

Bonds,

State

Capital

Project

II,

Series

2024A

5

.000

12/01/38

5,943,725

1,400,000

Alaska

Industrial

Development

and

Export

Authority,

Power

Revenue

Bonds,

Snettisham

Hydroelectric

Project,

Refunding

Series

2015,

(AMT)

5

.000

01/01/30

1,407,861

1,030,000

Alaska

Municipal

Bond

Bank,

General

Obligation

Bonds,

Three

Series

2023,

(AMT)

5

.250

12/01/38

1,123,346

1,145,000

Alaska

Municipal

Bond

Bank,

General

Obligation

Bonds,

Three

Series

2023,

(AMT)

5

.250

12/01/40

1,245,470

2,310,000

Anchorage,

Alaska,

Solid

Waste

Services

Revenue

Bonds,

Refunding

Series

2022A

5

.500

11/01/41

2,579,329

TOTAL

ALASKA

12,299,731

ARIZONA

-

2.1%

2,200,000

(b)

Arizona

Industrial

Development

Authority

Education

Revenue

Bonds,

Pinecrest

Academy

of

Northern

Nevada

Project,

Series

2022A

4

.500

07/15/29

2,115,860

100,000

(b)

Arizona

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

Basis

Schools,

Inc.

Projects,

Series

2017D

5

.000

07/01/37

101,357

1,000,000

(b)

Arizona

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

Basis

Schools,

Inc.

Projects,

Series

2017G

5

.000

07/01/51

994,099

60,000

(b)

Arizona

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,  Arizona

Agribusiness

and

Equine

Center,

Inc.

Project,

Series

2017B

4

.000

03/01/27

59,418

615,000

(b)

Arizona

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,

Pinecrest

Academy

of

Nevada

Horizon,

Inspirada

and

St.

Rose

Campus

Projects,

Series

2018A

5

.000

07/15/28

624,600

500,000

Arizona

Industrial

Development

Authority,

Education

Facility

Revenue

Bonds,

Leman

Academy

of

Excellence

Projects,

Series

2022A

4

.000

07/01/28

498,128

500,000

Arizona

Industrial

Development

Authority,

Education

Facility

Revenue

Bonds,

Leman

Academy

of

Excellence

Projects,

Series

2022A

4

.000

07/01/29

496,726

1,405,000

Arizona

Industrial

Development

Authority,

Education

Facility

Revenue

Bonds,

Leman

Academy

of

Excellence

Projects,

Series

2022A

4

.000

07/01/30

1,386,922

1,050,000

Maricopa

County

and

Phoenix

City

Industrial

Development

Authority,

Arizona,

Single

Family

Mortgage

Revenue

Bonds,

Series

2024C

4

.750

09/01/49

1,057,218

2,000,000

Maricopa

County

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,

Legacy

Traditional

Schools

Projects,

Series

2024

4

.000

07/01/34

1,939,841

1,605,000

(b)

Maricopa

County

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,

Sun

Valley

Academy,

Series

2024A

6

.250

07/01/44

1,674,914

2,875,000

Maricopa

County

Union

High

School

District

216

Agua

Fria,

Arizona,

General

Obligation

Bonds,

School

Improvement,

Project

of

2023,

Series

2024A

5

.000

07/01/42

3,165,218

3,785,000

Phoenix

Civic

Improvement

Corporation,

Arizona,

Wastewater

System

Revenue

Bonds,

Junior

Lien

Series

2023

5

.250

07/01/47

4,175,261

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

2

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ARIZONA

(continued)

$

5,025,000

Phoenix

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

Great

Hearts

Academies

Project,

Series

2014A

5

.000

%

07/01/44

$

5,025,011

410,000

(b)

Pima

County

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

San

Tan

Montessori

School

Project,

Series

2017

6

.750

02/01/50

422,683

3,300,000

Salt

River

Project

Agricultural

Improvement

and

Power

District,

Arizona,

Electric

System

Revenue

Bonds,

Series

2023A

5

.000

01/01/50

3,536,026

250,000

(b)

Sierra

Vista

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

American

Leadership

Academy

Project,

Series

2024

5

.000

06/15/44

251,585

1,575,000

(b)

Sierra

Vista

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

Desert

Heights

Charter

School

Project,

Refunding

Series

2024

5

.875

06/01/44

1,588,987

1,500,000

(b)

Yavapai

County

Industrial

Development

Authority,  Arizona,

Education

Revenue

Bonds,

Arizona

Agribusiness

and

Equine

Center

Inc

Project,

Refunding

Series

2015A

5

.000

09/01/34

1,501,334

2,250,000

Yuma

Industrial

Development

Authority,

Arizona,

Hospital

Revenue

Bonds,

Yuma

Regional

Medical

Center,

Series

2024A

5

.250

08/01/43

2,497,914

TOTAL

ARIZONA

33,113,102

ARKANSAS

-

0.4%

1,400,000

(b)

Arkansas

Development

Finance

Authority,

Charter

School

Revenue

Bonds,

Academy

of

Math

and

Science

-

Little

Rock

Project

Series

2024A

7

.000

07/01/59

1,353,892

1,800,000

Arkansas

Development

Finance

Authority,

Revenue

Bonds,

Baptist

Memorial

Health

Care,

Refunding

Series

2020B-1

5

.000

09/01/36

1,879,130

2,015,000

Arkansas

Tech

University,

Revenue

Bonds,

Refunding

Student

Fee

Series

2022A

-

BAM

Insured

5

.000

12/01/42

2,087,814

1,000,000

Pulaski

County,

Arkansas,

Hospital

Revenue

Bonds,

Arkansas

Children's

Hospital,

Series

2023

5

.000

03/01/41

1,072,568

TOTAL

ARKANSAS

6,393,404

CALIFORNIA

-

4.3%

2,250,000

Burbank-Glendale-Pasadena

Airport

Authority,

California,

Airport

Revenue

Bonds,

Senior

Series

2024B,

(AMT)

5

.250

07/01/40

2,472,848

250,000

Burbank-Glendale-Pasadena

Airport

Authority,

California,

Airport

Revenue

Bonds,

Senior

Series

2024B,

(AMT)

5

.250

07/01/42

272,299

2,500,000

Burbank-Glendale-Pasadena

Airport

Authority,

California,

Airport

Revenue

Bonds,

Senior

Series

2024B

-

AGM

Insured,

(AMT)

4

.250

07/01/43

2,482,633

655,000

California

Educational

Facilities

Authority,

Revenue

Bonds,

Stanford

University,

Series

2013-U3

5

.000

06/01/43

790,980

3,540,000

California

Health

Facilities

Financing

Authority,

Revenue

Bonds,

Providence

Saint

Joseph

Health

System,

Series

2009C

5

.000

07/01/33

3,880,251

450,000

California

Health

Facilities

Financing

Authority,

Revenue

Bonds,

Stanford

Health

Care,

Series

2020A

4

.000

08/15/50

443,279

100,000

(b)

California

Municipal

Finance

Authority

Charter

School

Revenue

Bonds,

River

Charter

Schools

Project,

Series

2018A

5

.500

06/01/38

100,869

1,180,000

(b)

California

Municipal

Finance

Authority,

Charter

School

Revenue

Bonds,

Palmdale

Aerospace

Academy

Project,

Series

2016A

5

.000

07/01/36

1,188,734

1,500,000

(b)

California

Municipal

Finance

Authority,

Charter

School

Revenue

Bonds,

Palmdale

Aerospace

Academy

Project,

Series

2018A

5

.000

07/01/38

1,516,912

600,000

(b)

California

Municipal

Finance

Authority,

Educational

Facilities

Revenue

Bonds,

Westside

Neighborhood

School

Project,

Series

2024

5

.500

06/15/39

643,341

315,000

(b)

California

Municipal

Finance

Authority,

Educational

Facilities

Revenue

Bonds,

Westside

Neighborhood

School

Project,

Series

2024

5

.900

06/15/44

339,040

1,750,000

California

Municipal

Finance

Authority,

Revenue

Bonds,

Eisenhower

Medical

Center,

Refunding

Series

2017A

4

.000

07/01/42

1,658,124

3,500,000

California

Municipal

Finance

Authority,

Revenue

Bonds,

Linxs

APM

Project,

Senior

Lien

Series

2018A

-

AGM

Insured,

(AMT)

3

.250

12/31/32

3,271,637

6,000,000

California

Municipal

Finance

Authority,

Revenue

Bonds,

Linxs

APM

Project,

Senior

Lien

Series

2018A,

(AMT)

5

.000

12/31/38

6,140,284

3

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CALIFORNIA

(continued)

$

325,000

California

Municipal

Finance

Authority,

Special

Tax

Revenue

Bonds,

Community

Facilities

District

2023-11

Improvement

Area

A

Hesperia

Silverwood,

Series

2024

5

.000

%

09/01/44

$

340,529

335,000

California

Municipal

Finance

Authority,

Special

Tax

Revenue

Bonds,

Community

Facilities

District

2023-11

Improvement

Area

A

Hesperia

Silverwood,

Series

2024

5

.000

09/01/49

347,398

4,000,000

(b)

California

Pollution

Control

Financing

Authority,

Water

Furnishing

Revenue

Bonds,

Poseidon

Resources

Channelside

LP

Desalination

Project,

Series

2012,

(AMT)

5

.000

11/21/45

4,000,256

1,000,000

(b)

California

School

Finance

Authority,

California,

Charter

School

Revenue

Bonds,

Aspire

Public

Schools,

Refunding

Series

2015A

5

.000

08/01/35

1,006,655

325,000

(b)

California

School

Finance

Authority,

California,

Charter

School

Revenue

Bonds,

Aspire

Public

Schools,

Refunding

Series

2016

5

.000

08/01/25

326,534

725,000

(b)

California

School

Finance

Authority,

California,

Charter

School

Revenue

Bonds,

Aspire

Public

Schools,

Refunding

Series

2016

5

.000

08/01/26

731,511

1,485,000

(b)

California

School

Finance

Authority,

Charter

School

Revenue

Bonds,

Classical

Academies

Project,

Series

2017A

5

.000

10/01/37

1,509,460

1,000,000

(b)

California

School

Finance

Authority,

Charter

School

Revenue

Bonds,

Envision

Education,

Series

2024A

5

.000

06/01/44

1,013,196

700,000

(b)

California

School

Finance

Authority,

Charter

School

Revenue

Bonds,

Rocketship

Education

Obligated

Group,

Series

2016A

5

.000

06/01/31

703,129

325,000

(b)

California

School

Finance

Authority,

Charter

School

Revenue

Bonds,

Rocketship

Public

Schools

Obligated

Group,

Series

2017G

5

.000

06/01/37

327,076

1,195,000

California

State,

General

Obligation

Bonds,

Various

Purpose

Series

2023

5

.250

10/01/45

1,339,251

3,900,000

(b)

California

Statewide

Communities

Development

Authority,

California,

Revenue

Bonds,

Loma

Linda

University

Medical

Center,

Series

2016A

5

.000

12/01/36

3,955,883

280,000

(b)

California

Statewide

Communities

Development

Authority,

California,

Revenue

Bonds,

Loma

Linda

University

Medical

Center,

Series

2016A

5

.000

12/01/46

282,101

750,000

California

Statewide

Community

Development

Authority,

Health

Revenue

Bonds,

Enloe

Medical

Center,

Refunding

Series

2022A

-

AGM

Insured

5

.125

08/15/47

801,318

1,250,000

El

Rancho

Unified

School

District,

Los

Angeles

County,

California,

General

Obligation

Bonds,

Election

2016

Series

2023D

-

BAM

Insured

5

.750

08/01/48

1,454,802

5,000,000

Glendale

Unified

School

District,

Los

Angeles

County,

California,

General

Obligation

Bonds,

2011

Election

Series

2016C

3

.000

09/01/39

4,478,178

750,000

Irvine,

California,

Special

Tax

Bonds,

Community

Facilities

District

2004-1

Central

Park,

Series

2015A

4

.000

09/01/35

750,299

50,000

Long

Beach

Bond

Finance

Authority,

California,

Natural

Gas

Purchase

Revenue

Bonds,

Series

2007A

5

.000

11/15/35

54,585

1,145,000

Long

Beach,

California,

Airport

Revenue

Bonds,

Senior

Refunding

Series

2022C

-

AGM

Insured,

(AMT)

5

.250

06/01/47

1,223,161

1,000,000

Los

Angeles

Department

of

Airports,

California,

Revenue

Bonds,

Los

Angeles

International

Airport,

Refunding

&

Subordinate

Green

Series

2023A,

(AMT)

5

.250

05/15/40

1,098,482

2,220,000

Los

Angeles

Department

of

Airports,

California,

Revenue

Bonds,

Los

Angeles

International

Airport,

Refunding

Subordinate

Series

2022I

5

.000

05/15/48

2,407,092

1,475,000

Los

Angeles

Department

of

Airports,

California,

Revenue

Bonds,

Los

Angeles

International

Airport,

Senior

Lien

Series

2015D,

(AMT)

5

.000

05/15/31

1,484,163

5,000,000

Los

Angeles

Department

of

Airports,

California,

Revenue

Bonds,

Los

Angeles

International

Airport,

Senior

Series

2022H,

(AMT)

5

.500

05/15/38

5,546,451

1,000,000

North

Lake

Tahoe

Public

Financing

Authority,

California,

Lease

Revenue

Bonds,

Health

&

Human

Services

Center

Series

2022

5

.500

12/01/47

1,104,160

1,200,000

Rancho

Mirage,

California,

Special

Tax

Bonds,

Community

Facilities

District

5

Section

31,

Improvement

Area

1

Series

2024A

5

.000

09/01/44

1,239,900

1,290,000

Sacramento,

California,

Special

Tax

Bonds,

Community

Facilities

District

4

North

Natomas,

Refunding

Series

2015F

5

.000

09/01/27

1,306,429

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

4

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CALIFORNIA

(continued)

$

3,000,000

San

Francisco

Airport

Commission,

California,

Revenue

Bonds,

San

Francisco

International

Airport,

Refunding

Second

Series

2023C,

(AMT)

5

.500

%

05/01/38

$

3,386,423

TOTAL

CALIFORNIA

67,419,653

COLORADO

-

6.1%

1,000,000

Aerotropolis

Regional

Transportation

Authority,

Colorado,

Special

Revenue

Bonds,

Series

2021

4

.250

12/01/41

921,953

1,630,000

Arista

Metropolitan

District,

Broomfield

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Refunding

Convertible

to

Unlimited

Tax

Series

2023A

-

BAM

Insured

5

.000

12/01/48

1,705,989

530,000

Baseline

Metropolitan

District

1,

In

the

City

and

County

of

Broomfield,

Colorado,

Special

Revenue

Bonds,

Refunding

and

Improvement

Series

2024A

5

.000

12/01/49

558,467

500,000

Bromley

Park

Metropolitan

District

No.

2,

In

the

City

of

Brighton,

Adams

and

Weld

Counties,

Colorado,

Senior

General

Obligation

Limited

Tax

Refunding

Bonds,

Series

2023

-

BAM

Insured

5

.500

12/01/43

551,262

1,250,000

Canyons

Metropolitan

District

5,

Douglas

County,

Colorado,

Limited

Tax

General

Obligation

and

Special

Revenue

Bonds,

Refunding

and

Improvement

Series

2024A

-

BAM

Insured

5

.000

12/01/49

1,329,344

500,000

Canyons

Metropolitan

District

5,

Douglas

County,

Colorado,

Limited

Tax

General

Obligation

and

Special

Revenue

Bonds,

Subordinate

Refunding

Series

2024B

-

BAM

Insured

6

.500

12/01/54

515,941

700,000

CCP

Metropolitan

District

3,

Colorado,

General

Obligation

Bonds,

Limited

Tax

Refunding

Series

2024

5

.000

12/01/53

700,355

5,785,000

Centennial

Water

and

Sanitation

District,

Douglas

County,

Colorado,

Water

and

Wastewater

Revenue

Bonds,

Series

2024

5

.250

12/01/53

6,326,386

520,000

Chambers

Highpoint

Metropolitan

District

No.

2,

Colorado,

Limited

Tax

General

Obligation

and

Special

Revenue

Bonds,

Series

2021

5

.000

12/01/41

476,790

500,000

(b)

Colorado

Educational

and

Cultural

Facilities

Authority,

Charter

School

Revenue

Bonds,

Aspen

Ridge

School

Project,

Series

2015A

5

.000

07/01/36

501,495

415,000

Colorado

Educational

and

Cultural

Facilities

Authority,

Charter

School

Revenue

Bonds,

Littleton

Preparatory

Charter

School,

Series

2013

5

.000

12/01/33

415,150

845,000

Colorado

Educational

and

Cultural

Facilities

Authority,

Charter

School

Revenue

Bonds,

Littleton

Preparatory

Charter

School,

Series

2013

5

.000

12/01/42

844,990

1,555,000

Colorado

Health

Facilities

Authority,

Colorado,

Revenue

Bonds,

Adventist

Health

System/Sunbelt

Obligated

Group,

Series

2016A

5

.000

11/15/41

1,580,314

1,155,000

Colorado

Health

Facilities

Authority,

Colorado,

Revenue

Bonds,

CommonSpirit

Health,

Series

2022A

5

.250

11/01/36

1,288,955

5,300,000

Colorado

Health

Facilities

Authority,

Colorado,

Revenue

Bonds,

CommonSpirit

Health,

Series

2022A

5

.250

11/01/52

5,674,314

4,000,000

Colorado

Springs,

Colorado,

Utilities

System

Revenue

Bonds,

Improvement

Series

2023A

5

.250

11/15/48

4,416,912

480,000

(a)

Crowfoot

Valley

Ranch

Metropolitan

District

No.

2,  Douglas

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Refunding

Series

2024A

-

BAM

Insured

5

.000

12/01/44

502,945

2,905,000

Dawson

Trails

Metropolitan

District

1,

Colorado,

In

The

Town

of

Castle

Rock,

Limited

Tax

General

Obligation

Capital

Appreciation

Turbo

Bonds,

Series

2024

0

.010

12/01/31

1,641,869

1,665,000

Denver

City

and

County,

Colorado,

Airport

System

Revenue

Bonds,

Series

2022A,

(AMT)

5

.500

11/15/35

1,878,401

1,725,000

Denver

City

and

County,

Colorado,

Airport

System

Revenue

Bonds,

Series

2022D,

(AMT)

5

.750

11/15/34

1,987,678

805,000

Denver

City

and

County,

Colorado,

Airport

System

Revenue

Bonds,

Series

2022D,

(AMT)

5

.750

11/15/35

924,507

3,500,000

Denver

City

and

County,

Colorado,

Airport

System

Revenue

Bonds,

Series

2022D,

(AMT)

5

.750

11/15/40

3,952,469

2,500,000

Denver

City

and

County,

Colorado,

Airport

System

Revenue

Bonds,

Series

2022D,

(AMT)

5

.750

11/15/41

2,811,675

5

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

COLORADO

(continued)

$

700,000

Denver

City

and

County,

Colorado,

Airport

System

Revenue

Bonds,

Subordinate

Lien

Series

2023B,

(AMT)

5

.500

%

11/15/40

$

784,415

1,100,000

Denver

Convention

Center

Hotel

Authority,

Colorado,

Revenue

Bonds,

Convention

Center

Hotel,

Refunding

Senior

Lien

Series

2016

5

.000

12/01/25

1,112,533

500,000

Denver

Convention

Center

Hotel

Authority,

Colorado,

Revenue

Bonds,

Convention

Center

Hotel,

Refunding

Senior

Lien

Series

2016

5

.000

12/01/36

505,850

1,205,000

Denver

Health

and

Hospitals

Authority,

Colorado,

Healthcare

Revenue

Bonds,

Series

2019A

4

.000

12/01/40

1,133,419

5,000,000

Eagle,

Garfield

and

Routt

Counties

School

District

RE50J,

Colorado,

General

Obligation

Bonds,

Series

2024

5

.000

12/01/42

5,505,027

3,000,000

(b)

Falcon

Area

Water

and

Wastewater

Authority

(El

Paso

County,

Colorado),

Tap

Fee

Revenue

Bonds,

Series

2022A

6

.750

12/01/34

2,925,602

300,000

Fiddler's

Business

Improvement

District,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Greenwood

Village

Project,

Series

2022

5

.550

12/01/47

307,882

500,000

Grandview

Reserve

Metropolitan

District,

El

Paso

County,

Colorado,

Limited

Tax

General

Obligation

Senior

Bonds,

Series

2022A

and

Limited

Tax

General

Obligation

Subordinate

Bonds,

Series

2022B(3)

6

.250

12/01/52

490,696

2,000,000

Gypsum,

Colorado,

Sewer

Enterprise

Revenue

Bonds,

Series

2024

5

.000

12/01/54

2,132,281

1,065,000

(b)

Hess

Ranch

Metropolitan

District

5,

Parker,

Colorado,

Special

Assessment

Revenue

Bonds,

Special

Improvement

District

2,

Series

2024

5

.500

12/01/44

1,044,775

500,000

(b)

Hogback

Metropolitan

District,

Jefferson

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Convertible

to

Unlimited

Tax

Series

2021A

5

.000

12/01/51

442,888

675,000

Hunters

Overlook

Metropolitan

District

5,

Severance,

Weld

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Refunding

Series

2024

5

.000

12/01/49

713,381

2,000,000

Lakes

at

Centerra

Metropolitan

District

2,

Loveland,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Refunding

Series

2024A

-

AGM

Insured

5

.000

12/01/49

2,138,317

2,550,000

(b)

Ledge

Rock

Center

Commercial

Metropolitan

District

(In

the

Town

of

Johnstown,

Weld

County,

Colorado),

Limited

Tax

General

Obligation

Bonds,

Series

2022

7

.125

11/01/42

2,584,610

500,000

Meridian

Ranch

Metropolitan

District

2018,

Subdistrict,

El

Paso

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Series

2022

6

.250

12/01/37

507,040

500,000

(a),(b)

Mineral

Business

Improvement

District,

Arapahoe

County,

Colorado,

General

Obligation

and

Special

Revenue

Bonds,

Limited

Tax

Series

2024A

5

.750

12/01/54

505,159

1,300,000

Northern

Colorado

Water

Conservancy

District,

Certificates

of

Participation,

Series

2022

5

.250

07/01/52

1,388,030

1,330,000

Peak

Metropolitan

District

3,

Colorado

Springs,

El

Paso

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Series

2022A-1

7

.500

12/01/52

1,349,064

1,035,000

(b)

Plaza

Metropolitan

District

1,

Lakewood,

Colorado,

Tax

Increment

Revenue

Bonds,

Refunding

Series

2013

5

.000

12/01/40

1,030,547

5,130,000

Rampart

Range

Metropolitan

District

1,

Lone

Tree,

Colorado,

Limited

Tax

Supported

and

Special

Revenue

Bonds,

Refunding

&

Improvement

Series

2017

5

.000

12/01/42

5,293,103

1,400,000

Ravenna

Metropolitan

District,

Douglas

County,

Colorado,

General

Obligation

Bonds,

Refunding

Limited

Tax

Series

2023

-

AGM

Insured

5

.000

12/01/38

1,495,010

690,000

Ravenna

Metropolitan

District,

Douglas

County,

Colorado,

General

Obligation

Bonds,

Refunding

Limited

Tax

Series

2023

-

AGM

Insured

5

.000

12/01/43

718,908

1,345,000

Silverstone

Metropolitan

District

3,

Weld

County,

Colorado,

General

Obligation

and

Special

Revenue

Bonds,

Limited

Tax

Series

2023

7

.750

12/01/45

1,376,469

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

6

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

COLORADO

(continued)

$

500,000

(b),(c)

St.

Vrain

Lakes

Metropolitan

District

4,

Weld

County,

Colorado,

General

Obligation

Bonds,

Firestone

Convertible

Capital

Appreciation

Limited

Tax

Series

2024A

0

.000

%

09/20/54

$

359,289

2,060,000

State

of

Colorado,

Rural

Colorado,

Certificates

of

Participation,

Series

2022

6

.000

12/15/39

2,441,093

7,870,000

State

of

Colorado,

Rural

Colorado,

Certificates

of

Participation,

Series

2022

6

.000

12/15/40

9,302,940

900,000

Thompson

Crossing

Metropolitan

District

4,

Johnstown,

Larimer

County,

Colorado,

General

Obligation

Bonds,

Limited

Tax

Convertible

to

Unlimited

Tax,

Refunding

&

Improvement

Series

2019

5

.000

12/01/39

904,375

500,000

(c)

Verve

Metropolitan

District

1,

Jefferson

County

and

the

City

and

County

of

Broomfield,

Colorado,

General

Obligation

Bonds,

Convertible

Capital

Appreciation

Improvement

Series

2024A

0

.000

12/01/54

345,461

1,000,000

Verve

Metropolitan

District

1,

Jefferson

County

and

the

City

and

County

of

Broomfield,

Colorado,

General

Obligation

Bonds,

Refunding

and

Improvement

Limited

Tax

Series

2021

5

.000

12/01/41

853,822

1,250,000

Village

Metropolitan

District

In

the

Town

of

Avon,

Eagle

County,

Colorado,

Special

Revenue

and

Limited

Property

Tax

Bonds,

Refunding

&

Improvement

Series

2020

5

.000

12/01/40

1,254,112

1,000,000

West

Globeville

Metropolitan

District

1,

Denver,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Series

2022

6

.750

12/01/52

973,812

2,870,000

(b),(c)

West

Globeville

Metropolitan

District

1,

Denver,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Series

2024A-2

0

.000

12/01/54

1,650,546

700,000

Westerly

Metropolitan

District

4,

Weld

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Series

2021A-1

5

.000

12/01/40

636,522

750,000

Wildwing

Metropolitan

District

5,

Larimer

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Refunding

and

Improvement

Series

2024

-

AGM

Insured

4

.500

12/01/53

761,628

TOTAL

COLORADO

96,476,767

CONNECTICUT

-

0.7%

5,000,000

Connecticut

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Hartford

HealthCare

Issue,

Series

2021A

4

.000

07/01/51

4,553,004

6,465,000

(b)

Harbor

Point

Infrastructure

Improvement

District,

Connecticut,

Special

Obligation

Revenue

Bonds,

Harbor

Point

Project,

Refunding

Series

2017

5

.000

04/01/39

6,516,017

775,000

University

of

Connecticut,

General

Obligation

Bonds,

Series

2023A

5

.000

08/15/41

859,399

TOTAL

CONNECTICUT

11,928,420

DELAWARE

-

0.2%

375,000

(b)

Bridgeville,

Delaware,

Special

Obligation

Bonds,

Heritage

Shores

Special

Development

District,

Series

2024

5

.250

07/01/44

389,640

715,000

Delaware

State

Housing

Authority,

Senior

Single

Family

Mortgage

Revenue

Bonds,

Series

2024A

4

.625

07/01/49

720,855

1,030,000

Kent

County,

Delaware,

Student

Housing

&

Dining

Facility

Revenue

Bonds,

Collegiate

Housing

Foundation

-

Dover

LLC

Delaware

State

University

Project,

Series

2018A

5

.000

07/01/30

1,056,287

750,000

Kent

County,

Delaware,

Student

Housing

&

Dining

Facility

Revenue

Bonds,

Collegiate

Housing

Foundation

-

Dover

LLC

Delaware

State

University

Project,

Series

2018A

5

.000

07/01/31

768,693

TOTAL

DELAWARE

2,935,475

DISTRICT

OF

COLUMBIA

-

0.2%

1,240,000

District

of

Columbia,

Washington,

D.C.,

Revenue

Bonds,

KIPP

DC

Issue,

Series

2019

4

.000

07/01/44

1,154,134

1,540,000

Metropolitan

Washington

Airports

Authority,

Virginia,

Dulles

Toll

Road

Revenue

Bonds,

Dulles

Metrorail

&

Capital

improvement

Projects,

Refunding

&

Subordinate

Lien

Series

2019B

5

.000

10/01/47

1,583,868

TOTAL

DISTRICT

OF

COLUMBIA

2,738,002

7

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

FLORIDA

-

11.3%

$

530,000

Babcock

Ranch

Community

Independent

Special

District,

Charlotte

County,

Florida,

Special

Assessment

Bonds,

2022

Project

Series

2022

4

.250

%

05/01/32

$

530,566

1,000,000

Babcock

Ranch

Community

Independent

Special

District,

Charlotte

County,

Florida,

Special

Assessment

Bonds,

2022

Project

Series

2022

5

.000

05/01/42

1,009,011

1,495,000

Bay

County

School

Board,

Florida,

Certificates

of

Participation,

Series

2022A

5

.500

07/01/42

1,638,647

690,000

Bay

County,

Florida,

Educational

Facilities

Revenue

Refunding

Bonds,

Bay

Haven

Charter

Academy,

Inc.

Project,

Series

2013A

5

.000

09/01/33

690,415

2,000,000

Brevard

County

Health

Facilities

Authority,

Florida,

Hospital

Revenue

Bonds,

Health

First

Obligated

Group,

Series

2022A

5

.000

04/01/52

2,088,465

4,100,000

Broward

County

School

District,

Florida,

General

Obligation

Bonds,

School

Series

2022

5

.000

07/01/47

4,380,273

1,000,000

Broward

County,

Florida,

Port

Facilities

Revenue

Bonds,

Series

2022,

(AMT)

5

.250

09/01/47

1,052,403

4,000,000

(b)

Cabot

Citrus

Farms

Community

Development

District,

Florida,

Special

Revenue

Bond,

Anticipated

Note

Series

2024

5

.250

03/01/29

4,033,494

1,000,000

Cape

Coral,

Florida,

Water

and

Sewer

Revenue

Bonds,

Series

2023

-

BAM

Insured

5

.250

10/01/48

1,102,445

2,095,000

(b)

Capital

Trust

Agency,

Florida,

Revenue

Bonds,

Odyssey

Charter

School

Project,

Series

2019

5

.000

07/01/54

2,047,333

2,010,000

(b)

Capital

Trust

Authority,

Florida,

Charter

School

Revenue

Bonds,

Mason

Classical

Academy

Project

Series

2024A

5

.000

06/01/39

2,064,790

1,525,000

(b)

Capital

Trust

Authority,

Florida,

Charter

School

Revenue

Bonds,

Mason

Classical

Academy

Project

Series

2024A

5

.000

06/01/44

1,535,459

1,270,000

(b)

Capital

Trust

Authority,

Florida,

Educational

Facilities

Revenue

Bonds,

Babcock

Neighborhood

School

Inc

Project,

Series

2024

5

.750

08/15/49

1,259,928

110,000

(b)

Charlotte

County

Industrial

Development

Authority,

Florida,

Utility

System

Revenue

Bonds,

Town

&

Country

Utilities

Project,

Series

2021A,

(AMT)

4

.000

10/01/51

90,803

2,235,000

Collier

County

Educational

Facilities

Authority,

Florida,

Revenue

Bonds,

Ave

Maria

University,

Refunding

Series

2023

5

.500

06/01/30

2,335,317

2,490,000

Collier

County

Educational

Facilities

Authority,

Florida,

Revenue

Bonds,

Ave

Maria

University,

Refunding

Series

2023

5

.500

06/01/32

2,607,067

435,000

Collier

County

Educational

Facilities

Authority,

Florida,

Revenue

Bonds,

Ave

Maria

University,

Refunding

Series

2023

5

.000

06/01/43

413,059

500,000

Corkscrew

Crossing

Community

Development

District,

Florida,

Special

Assessment

Bonds,

Series

2023

4

.300

05/01/33

505,128

1,000,000

Corkscrew

Crossing

Community

Development

District,

Florida,

Special

Assessment

Bonds,

Series

2023

5

.100

05/01/43

1,006,856

1,190,000

Daytona

Beach

Florida

Housing

Authority,Multi-family

Housing

Revenue

Bonds,

WM

At

The

River

LP,

Series

2021

B,

(Mandatory

Put

12/01/24)

1

.250

12/01/25

1,186,591

2,375,000

Escambia

County

Health

Facilities

Authority

Health

Care

Facilities

Revenue

Bonds,

Florida,

Series

2020A

(Baptist

Health

Care

Corporation

Obligated

Group)

5

.000

08/15/32

2,512,285

2,950,000

Escambia

County

Health

Facilities

Authority,

Florida,

Health

Care

Facilities

Revenue

Bonds,

Baptist

Health

Care

Corporation

Obligated,

Series

2020A

5

.000

08/15/33

3,112,860

925,000

(b)

Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Cornerstone

Charter

Schools

Project,

Series

2022

5

.000

10/01/32

952,975

1,230,000

(b)

Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Cornerstone

Classical

Academy

Series

2024A

5

.250

06/01/44

1,244,512

175,000

(b)

Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Downtown

Doral

Charter

Upper

School

Project,

Series

2017C

5

.150

07/01/27

177,349

385,000

(b)

Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Downtown

Doral

Charter

Upper

School

Project,

Series

2017C

5

.750

07/01/47

389,523

170,000

(b)

Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Renaissance

Charter

School

Income

Projects,

Series

2015A

6

.000

06/15/35

171,381

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

8

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

FLORIDA

(continued)

$

1,210,000

Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Saint

Andrews

School

of

Boca

Raton

Inc

Project

Series

2024A

5

.250

%

06/01/44

$

1,263,149

1,215,000

Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Saint

Andrews

School

of

Boca

Raton

Inc

Project

Series

2024A

5

.250

06/01/49

1,251,971

700,000

(b)

Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Refunding

Bonds,

Central

Charter

School,

Series

2022

5

.250

08/15/37

696,078

5,500,000

Florida

Development

Finance

Corporation,

Revenue

Bonds,

Brightline

Florida

Passenger

Rail

Expansion

Project,

Brightline

Trains

Florida

LLC

Issue,

Series

2024

-

AGM

Insured,

(AMT)

5

.000

07/01/44

5,710,450

3,600,000

Florida

Development

Finance

Corporation,

Revenue

Bonds,

Brightline

Florida

Passenger

Rail

Expansion

Project,

Brightline

Trains

Florida

LLC

Issue,

Series

2024

-

AGM

Insured,

(AMT)

5

.250

07/01/47

3,780,500

500,000

(b)

Florida

Development

Finance

Corporation,

Student

Housing

Revenue

Bonds,

SPP

-

Tampa

I

-

LLC

The

Henry

Project,

Series

2024A-1

5

.000

06/01/44

509,128

1,000,000

Florida

Gulf

Coast

University

Financing

Corporation,

Capital

Improvement

Revenue

Bonds,

Refunding

Housing

Project,

Series

2022A

5

.000

02/01/40

1,074,421

12,000,000

Florida

Mid-Bay

Bridge

Authority,

Revenue

Bonds,

1st

Senior

Lien

Series

2015A

5

.000

10/01/35

12,106,573

760,000

(b)

Fort

Lauderdale,

Florida,

Special

Assessment

Bonds,

Las

Olas

Isles

Undergrounding

Project,

Series

2022

4

.000

07/01/42

677,064

8,000,000

Greater

Orlando

Aviation

Authority,

Florida,

Orlando

Airport

Facilities

Revenue

Bonds,

Series

2015A,

(AMT)

5

.000

10/01/40

8,044,970

500,000

Hammock

Oaks

Community

Development

District,

Lady

Lake,

Florida,

Special

Assessment

Revenue

Bonds,

Area

2,

Series

2024

6

.150

05/01/54

509,450

4,000,000

Hernando

County,

Florida,

Non-Ad

Valorem

Revenue

Bonds,

Series

2022

5

.250

06/01/47

4,274,613

1,905,000

Hialeah

Utility

Systems,

Florida,

Systems

Revenue

Bonds,

Refunding

Series

2022

5

.000

10/01/33

2,082,996

300,000

Hobe-Saint

Lucie

Conservancy

District,

Florida,

Special

Assessment

Revenue

Bonds,

Improvement

Unit

1A,

Series

2024

5

.600

05/01/44

309,519

2,860,000

Hollywood

Beach

Community

Development

District

1,

Florida,

Revenue

Bonds,

Public

Parking

Facilitiy

Project,

Refunding

Series

2020

5

.000

10/01/35

3,001,615

1,110,000

(b)

Jacksonville,

Florida,

Educational

Facilities

Revenue

Bonds,

Jacksonville

University

Project,

Series

2018B

5

.000

06/01/53

1,053,388

1,875,000

Julington

Creek

Plantation

Community

Development

District,

Florida,

Special

Assessment

Revenue

Bonds,

Series

2023

-

AGM

Insured

5

.500

05/01/43

2,056,986

400,000

Lake

Worth

Beach,

Florida,

Consolidated

Utility

Revenue

Bonds,

Series

2022

-

BAM

Insured

5

.000

10/01/36

443,887

1,665,000

Lakeland,

Florida,

Energy

System

Revenue

Bonds,

Refunding

Series

2023

5

.000

10/01/42

1,805,525

10,000,000

Lakeland,

Florida,

Energy

System

Revenue

Bonds,

Series

2021

5

.000

10/01/48

11,359,717

760,000

(a)

Lakewood

Ranch

Stewardship

District,

Florida,

Special

Assessment

Revenue

Bonds,

Palm

Grove

Project,

Series

2024

5

.500

05/01/55

757,066

885,000

Lauderhill,

Florida,

Water

and

Sewer

Revenue

Bonds,

Series

2023

-

AGM

Insured

5

.000

10/01/48

948,775

740,000

Lee

County

Industrial

Development

Authority,

Florida,

Charter

School

Revenue

Bonds,

Lee

County

Community

Charter

Schools,

Series

2007A

5

.250

06/15/27

740,319

1,000,000

(b)

Lee

County

Industrial

Development

Authority,

Florida,

Charter

School

Revenue

Bonds,

Lee

County

Community

Charter

Schools,

Series

2024A

6

.000

06/15/38

1,028,993

1,000,000

(b)

Lee

County

Industrial

Development

Authority,

Florida,

Charter

School

Revenue

Bonds,

Lee

County

Community

Charter

Schools,

Series

2024A

6

.250

06/15/42

1,028,657

2,000,000

Lee

County

Industrial

Development

Authority,

Florida,

Healthcare

Facilities

Revenue

Bonds,

Shell

Point/Alliance

Obligated

Group,

Shell

Point

Project,

Refunding

Series

2024C

5

.000

11/15/44

2,109,794

4,410,000

Lee

County,

Florida,

Airport

Revenue

Bonds,

Series

2024,

(AMT)

5

.250

10/01/43

4,825,654

9

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

FLORIDA

(continued)

$

605,000

Lee

County,

Florida,

Solid

Waste

System

Revenue

Bonds,

Refunding

Series

2016,

(AMT)

5

.000

%

10/01/26

$

615,980

2,895,000

Manatee

County,

Florida,

Public

Utilities

Revenue

Bonds,

Improvement

and

Refunding

Series

2023

4

.000

10/01/48

2,833,643

9,250,000

Miami

Beach

Health

Facilities

Authority,

Florida,

Hospital

Revenue

Bonds,

Mount

Sinai

Medical

Center

of

Florida

Project,

Refunding

2014

5

.000

11/15/39

9,252,601

6,550,000

Miami

Beach

Health

Facilities

Authority,

Florida,

Hospital

Revenue

Bonds,

Mount

Sinai

Medical

Center

of

Florida

Project,

Refunding

2014

5

.000

11/15/44

6,551,901

900,000

Miami

Dade

County,

Florida,

Rickenbacker

Causeway

Revenue

Bonds,

Series

2014

5

.000

10/01/27

901,002

920,000

Miami

Dade

County,

Florida,

Rickenbacker

Causeway

Revenue

Bonds,

Series

2014

5

.000

10/01/28

921,007

500,000

Miami

Dade

County,

Florida,

Rickenbacker

Causeway

Revenue

Bonds,

Series

2014

5

.000

10/01/30

500,482

325,000

Miami-Dade

County

Expressway

Authority,

Florida,

Toll

System

Revenue

Bonds,

Series

2010A

5

.000

07/01/40

325,511

1,430,000

Monroe

County,

Florida,

Airport

Revenue

Bonds,

Key

West

International

Airport,

Series

2022,

(AMT)

5

.000

10/01/39

1,487,161

1,575,000

Monroe

County,

Florida,

Airport

Revenue

Bonds,

Key

West

International

Airport,

Series

2022,

(AMT)

5

.000

10/01/41

1,624,126

745,000

Osceola

County,

Florida,

Transportation

Revenue

Bonds,

Osceola

Parkway,

Refunding

&

Improvement

Series

2019A-1

5

.000

10/01/29

787,511

620,000

Palm

Beach

County

Health

Facilities

Authority,

Florida,

Hospital

Revenue

Bonds,

Jupiter

Medical

Center,

Series

2022

5

.000

11/01/34

663,269

750,000

Palm

Beach

County

Health

Facilities

Authority,

Florida,

Hospital

Revenue

Bonds,

Jupiter

Medical

Center,

Series

2022

5

.000

11/01/36

797,192

1,520,000

Palm

Beach

County

Health

Facilities

Authority,

Florida,

Hospital

Revenue

Bonds,

Jupiter

Medical

Center,

Series

2022

5

.000

11/01/47

1,559,353

2,175,000

Palm

Beach

County

Health

Facilities

Authority,

Florida,

Hospital

Revenue

Bonds,

Jupiter

Medical

Center,

Series

2022

5

.000

11/01/52

2,222,266

250,000

(b)

Parrish

Lakes

Community

Development

District,

Manatee

County,

Florida,

Capital

Improvement

Revenue

Bonds,

Assessment

Area

3,

Series

2024

5

.800

05/01/54

250,234

1,000,000

Pasco

County,

Florida,

Cigarette

Tax

Allocation

Bonds,

H.

Lee

Moffitt

Cancer

Center

and

Research

Institute

Capital

Improvement

Series

2023A

-

AGM

Insured

5

.500

09/01/41

1,105,033

1,000,000

Poitras

East

Community

Development

District,

Osceola

County,

Florida,

Special

Assessment

Revenue

Bonds,

Series

2023

4

.200

05/01/33

1,009,142

410,000

Pompano

Beach,

Florida,

Revenue

Bonds,

John

Knox

Village

Project,

Series

2015

5

.000

09/01/35

410,323

5,000,000

Sarasota

County

Public

Hospital

District,

Florida,

Hospital

Revenue

Bonds,

Sarasota

Memorial

Hospital

Project,

Series

2018

5

.000

07/01/38

5,226,538

2,120,000

Sarasota

County,

Florida,

Utility

System

Revenue

Bonds,

Series

2022

5

.250

10/01/52

2,299,630

4,440,000

Sarasota

County,

Florida,

Utility

System

Revenue

Bonds,

Series

2023

5

.000

10/01/48

4,763,660

2,200,000

St.

Johns

County

School

Board,

Florida,

Certificates

of

Participation,

Series

2024A

-

AGM

Insured

5

.250

07/01/46

2,409,548

3,000,000

St.

Johns

County

School

Board,

Florida,

Certificates

of

Participation,

Series

2024A

-

AGM

Insured

5

.500

07/01/49

3,317,718

1,350,000

Sumter

County

School

Board,

Florida,

Certificates

of

Participation,

Series

2024

-

AGM

Insured

5

.250

01/01/49

1,475,946

1,425,000

Tampa

Bay,

Florida,

Regional

Water

Supply

Authority,

Utility

System

Revenue

Bonds,

Sustainability

Series

2022

5

.250

10/01/47

1,565,458

4,090,000

Tampa,

Florida,

Water

and

Wastewater

Systems

Revenue

Bonds,

Green

Series

2022A

5

.250

10/01/57

4,419,840

10,000

(c)

Tolomato

Community

Development

District,

Florida,

Special

Assessment

Bonds,

Refunding

Series

2015-2

0

.000

05/01/40

10,041

15,000

(d)

Tolomato

Community

Development

District,

Florida,

Special

Assessment

Bonds,

Refunding

Series

2015-3

6

.610

05/01/40

0

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

10

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

FLORIDA

(continued)

$

1,100,000

Village

Community

Development

District

10,

Sumter

County,

Florida,

Special

Assessment

Revenue

Bonds,

Refunding

Series

2023

-

AGM

Insured

5

.000

%

05/01/39

$

1,186,325

980,000

Village

Community

Development

District

10,

Sumter

County,

Florida,

Special

Assessment

Revenue

Bonds,

Refunding

Series

2023

-

AGM

Insured

5

.000

05/01/40

1,051,961

2,885,000

(b)

Village

Community

Development

District

14,

Leesburg,

Florida,

Special

Assessment

Bonds,

Series

2022

4

.750

05/01/32

2,998,678

500,000

(b)

Village

Community

Development

District

15,

Florida,

Special

Assessment

Revenue

Bonds,

Series

2024

4

.200

05/01/39

499,461

TOTAL

FLORIDA

178,632,734

GEORGIA

-

1.2%

750,000

(b)

Atlanta

Development

Authority,

Georgia,

Revenue

Bonds,

Westside

Gulch

Area

Project,

Senior

Series

2024A-1

5

.000

04/01/34

755,057

3,000,000

Atlanta,

Georgia,

Airport

General

Revenue

Bonds,

Series

2022B,

(AMT)

5

.000

07/01/38

3,180,653

1,000,000

Columbia

County

Hospital

Authority,

Georgia,

Revenue

Anticipation

Certificates,

WellStar

Health

System,

Inc.

Project,

Series

2023B

5

.750

04/01/53

1,117,982

8,425,000

Coweta

County

Development

Authority,

Georgia,

Revenue

Bonds,

Piedmont

Healthcare,

Inc.

Project,

Series

2019A

5

.000

07/01/44

8,747,782

2,310,000

(b)

Geo.

L.

Smith

II

Georgia

World

Congress

Center

Authority,

Georgia,

Convention

Center

Hotel

Revenue

Bonds,  Second

Tier

Series

2021B

5

.000

01/01/36

2,310,840

950,000

Henry

County

Hospital

Authority,

Georgia,

Revenue

Certificates,

Piedmont

Henry

Hospital

Project,

Series

2014A

5

.000

07/01/34

952,828

1,935,000

(b)

Marietta

Development

Authority,

Georgia,

University

Facilities

Revenue

Bonds,

Life

University,

Inc.

Project,

Refunding

Series

2017A

5

.000

11/01/27

1,955,611

TOTAL

GEORGIA

19,020,753

GUAM

-

0.1%

1,000,000

Government

of

Guam,

Business

Privilege

Tax

Bonds,

Refunding

Series

2015D

5

.000

11/15/33

1,008,746

TOTAL

GUAM

1,008,746

HAWAII

-

0.1%

750,000

(b)

Hawaii

Department

of

Budget

and

Finance,

Special

Purpose

Revenue

Bonds,

Hawaii

Pacific

University

Project,

Refunding

Series

2024

5

.000

07/01/34

768,261

440,000

Kauai

County,

Hawaii,

Special

Tax

Bonds,

Community

Facilities

District

2008-1

Kukuiula

Development

Project,

Series

2022

4

.000

05/15/29

434,784

470,000

Kauai

County,

Hawaii,

Special

Tax

Bonds,

Community

Facilities

District

2008-1

Kukuiula

Development

Project,

Series

2022

4

.000

05/15/30

460,570

375,000

Kauai

County,

Hawaii,

Special

Tax

Bonds,

Community

Facilities

District

2008-1

Kukuiula

Development

Project,

Series

2022

5

.000

05/15/31

389,993

250,000

Kauai

County,

Hawaii,

Special

Tax

Bonds,

Community

Facilities

District

2008-1

Kukuiula

Development

Project,

Series

2022

5

.000

05/15/32

260,140

TOTAL

HAWAII

2,313,748

IDAHO

-

1.1%

1,000,000

Boise-Kuna

Irrigation

District,

Ada

and

Canyon

Counties,

Idaho,

Arrowrock

Hydroelectric

Project

Revenue

Bonds,

Refunding

Series

2015

5

.000

06/01/30

1,001,004

2,090,000

Boise-Kuna

Irrigation

District,

Ada

and

Canyon

Counties,

Idaho,

Arrowrock

Hydroelectric

Project

Revenue

Bonds,

Refunding

Series

2015

5

.000

06/01/31

2,091,975

610,000

Idaho

Health

Facilities

Authority,

Revenue

Bonds,

Madison

Memorial

Hospital

Project,

Refunding

Series

2016

5

.000

09/01/29

615,288

4,000,000

Idaho

Health

Facilities

Authority,

Revenue

Bonds,

Saint

Luke's

Health

System

Project,

Series

2018A

4

.000

03/01/38

4,006,325

6,105,000

Idaho

Housing

&

Finance

Association,

Idaho,

Sales

Tax

Revenue

Bonds,

Transportation

Expansion

&

Congestion

Mitigation

Fund,

Series

2023A

5

.250

08/15/48

6,678,645

11

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

IDAHO

(continued)

$

1,100,000

Idaho

Housing

and

Finance

Association,

Nonprofit

Facilities

Revenue

Bonds,

Alturas

Preparatory

Academy

Project

Series

2024A

4

.250

%

05/01/49

$

1,039,338

750,000

Idaho

Housing

and

Finance

Association,

Nonprofit

Facilities

Revenue

Bonds,

Alturas

Preparatory

Academy

Project

Series

2024A

4

.375

05/01/54

711,467

1,170,000

(b)

Idaho

Housing

and

Finance

Association,

Nonprofit

Facilities

Revenue

Bonds,

Future

Public

School

Project,

Series

2022A

4

.000

05/01/32

1,118,734

750,000

Spring

Valley

Community

Infrastructure

District

1,

Eagle,

Idaho,

Special

Assessment

Bonds,

Series

2024

6

.250

09/01/53

788,256

TOTAL

IDAHO

18,051,032

ILLINOIS

-

7.2%

3,000,000

Chicago

Transit

Authority,

Illinois,

Sales

Tax

Receipts

Revenue

Bonds,

Series

2014

-

AGM

Insured

5

.000

12/01/44

3,002,159

568,916

Chicago,

Illinois,

Certificates

of

Participation,

Tax

Increment

Allocation

Revenue

Bonds,

Pullman

Park/Chicago

Redevelopement

Project,

Series

2013A

7

.125

03/15/33

569,064

3,850,000

Chicago,

Illinois,

General

Obligation

Bonds,

Chicago

Works

Series

2023A

5

.000

01/01/35

4,092,101

1,685,000

Chicago,

Illinois,

General

Obligation

Bonds,

Chicago

Works

Series

2023A

5

.500

01/01/39

1,811,447

5,000,000

Chicago,

Illinois,

Midway

Airport

Revenue

Bonds,

Refunding

Senior

Lien

Series

2023C

5

.000

01/01/33

5,362,797

385,000

Chicago,

Illinois,

Midway

Airport

Revenue

Bonds,

Refunding

Senior

Lien

Series

2023C

5

.000

01/01/40

403,327

1,500,000

Chicago,

Illinois,

Midway

Airport

Revenue

Bonds,

Refunding

Senior

Lien

Series

2023C

5

.000

01/01/41

1,564,185

4,650,000

DuPage

County

School

District

58

Downers

Grove,

Illinois,

General

Obligation

Bonds,  School

Series

2022

5

.250

12/15/40

5,160,842

2,000,000

Illinois

Finance

Authority,

Revenue

Bonds,

Advocate

Health

Care

Network,

Refunding

Series

2014

4

.000

08/01/38

1,961,359

525,000

Illinois

Finance

Authority,

Revenue

Bonds,

Bradley

University,

Refunding

Series

2021A

4

.000

08/01/39

492,250

1,220,000

(b)

Illinois

Finance

Authority,

Revenue

Bonds,

DePaul

College

Prep

Foundation,

Series

2023A

4

.300

08/01/28

1,234,883

1,275,000

(b)

Illinois

Finance

Authority,

Revenue

Bonds,

DePaul

College

Prep

Foundation,

Series

2023A

4

.500

08/01/33

1,326,690

1,000,000

(b)

Illinois

Finance

Authority,

Revenue

Bonds,

DePaul

College

Prep

Foundation,

Series

2023A

5

.250

08/01/38

1,088,377

1,750,000

Illinois

Finance

Authority,

Revenue

Bonds,

Northshore

University

HealthSystem,

Series

2020A

4

.000

08/15/40

1,707,913

2,000,000

Illinois

Finance

Authority,

Revenue

Bonds,

Northshore

University

HealthSystem,

Series

2020A

4

.000

08/15/41

1,946,585

9,885,000

Illinois

Finance

Authority,

Revenue

Bonds,

Northwestern

Memorial

Healthcare,

Series

2017A

4

.000

07/15/47

9,404,585

2,750,000

Illinois

Finance

Authority,

Revenue

Bonds,

Rush

University

Medical

Center

Obligated

Group,

Series

2015A

5

.000

11/15/38

2,764,847

12,000,000

Illinois

Finance

Authority,

Revenue

Bonds,

Silver

Cross

Hospital

and

Medical

Centers,

Refunding

Series

2015C

5

.000

08/15/44

12,035,682

725,000

Illinois

Finance

Authority,

Revenue

Bonds,

Smith

Crossing,

Refunding

Series

2022

4

.000

10/15/30

687,680

7,500,000

Illinois

Finance

Authority,

Revenue

Bonds,

University

of

Chicago,

Series

2014A

4

.000

10/01/38

7,391,804

830,000

Illinois

Finance

Authority,

Student

Housing

&

Academic

Facility

Revenue

Bonds,

CHF-Collegiate

Housing

Foundation

-

Chicago

LLC

University

of

Illinois

at

Chicago

Project,

Series

2017A

5

.000

02/15/26

839,234

400,000

Illinois

Finance

Authority,

Student

Housing

&

Academic

Facility

Revenue

Bonds,

CHF-Collegiate

Housing

Foundation

-

Chicago

LLC

University

of

Illinois

at

Chicago

Project,

Series

2017A

5

.000

02/15/29

411,498

1,240,000

Illinois

Finance

Authority,

Student

Housing

&

Academic

Facility

Revenue

Bonds,

CHF-Collegiate

Housing

Foundation

-

Chicago

LLC

University

of

Illinois

at

Chicago

Project,

Series

2017A

5

.000

02/15/50

1,245,338

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

12

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ILLINOIS

(continued)

$

1,340,000

Illinois

Housing

Development

Authority,

Revenue

Bonds,

Social

Series

2022G

6

.250

%

10/01/52

$

1,446,425

2,000,000

Illinois

State,

General

Obligation

Bonds,

December

Series

2017B

5

.000

12/01/24

2,001,943

5,000,000

Illinois

State,

General

Obligation

Bonds,

May

Series

2020

5

.500

05/01/30

5,350,959

1,500,000

Illinois

State,

General

Obligation

Bonds,

May

Series

2024B

5

.250

05/01/45

1,620,197

6,000,000

Illinois

State,

General

Obligation

Bonds,

November

Series

2017D

5

.000

11/01/28

6,303,011

5,000,000

Illinois

State,

General

Obligation

Bonds,

October

Series

2024C

4

.000

10/01/40

4,867,483

2,000,000

Illinois

Toll

Highway

Authority,

Toll

Highway

Revenue

Bonds,

Refunding

Senior

Series

2024A

5

.000

01/01/38

2,254,205

5,330,000

Illinois

Toll

Highway

Authority,

Toll

Highway

Revenue

Bonds,

Senior

Lien

Series

2015B

5

.000

01/01/40

5,403,411

4,830,000

Knox

&

Warren

Counties

Community

Unit

School

District

205

Galesburg,

Illinois,

General

Obligation

Bonds,

Series

2019A

5

.500

12/01/37

5,089,848

1,100,000

Lake

County

Consolidated

High

School

District

120

Mundelein,

Illinois,

General

Obligation

Bonds,

School

Series

2022A

5

.500

12/01/40

1,201,859

600,000

Madison,

Bond

and

Montgomery

Counties

Community

Unit

School

District

05,

Highland,

Illinois,

General

Obligation

Bonds,

School

Series

2022B

-

AGM

Insured

5

.500

02/01/42

643,076

1,000,000

Romeoville,

Will

County,

Illinois,

Revenue

Bonds,

Lewis

University

Project,

Refunding

Series

2018B

5

.000

10/01/39

992,063

1,000,000

Sangamon

County

School

District

186

Springfield,

Illinois,

General

Obligation

Bonds,

Alternate

Revenue

Source

Series

2023

-

AGM

Insured

5

.500

06/01/48

1,078,476

2,250,000

Southwestern

Illinois

Development

Authority,

Local

Government

Revenue

Bonds,

Edwardsville

Community

Unit

School

District

7

Project,

Series

2023A

-

BAM

Insured

5

.500

12/01/35

2,522,904

2,000,000

Will

County

School

District

114,

Manhattan,

Illinois,

General

Obligation

Bonds,

Series

2022

-

BAM

Insured

5

.500

01/01/43

2,199,302

4,000,000

Will

County,

Illinois,

General

Obligation

Bonds,

Alternate

Revenue

Source

Series

2019

4

.000

11/15/47

3,813,862

TOTAL

ILLINOIS

113,293,671

INDIANA

-

5.1%

1,000,000

Avon

Community

School

Building

Corporation,

Hendricks

County,

Indiana,

First

Mortgage

Bonds,

Ad

Valorem

Property

Tax

Series

2023

5

.500

07/15/41

1,132,373

1,625,000

Avon

Community

School

Building

Corporation,

Hendricks

County,

Indiana,

First

Mortgage

Bonds,

Ad

Valorem

Property

Tax

Series

2023

5

.500

01/15/43

1,819,833

3,500,000

Brownsburg

1999

School

Building

Corporation,

Indiana,

First

Mortgage

Bonds,

Series

2023

5

.500

07/15/40

3,855,373

750,000

Carmel,

Indiana,

Waterworks

Revenue

Bonds,

Refunding,

Series

2024C

-

BAM

Insured

5

.250

05/01/51

791,663

2,500,000

Evansville,

Indiana,

Waterworks

District

Revenue

Bonds,

Series

2022A

-

BAM

Insured

5

.000

07/01/47

2,607,319

1,000,000

(b)

Gary

Local

Public

Improvement

Bond

Bank,

Indiana,

Economic

Development

Revenue

Bonds,

Drexel

Foundation

for

Educational

Excellence

Project,

Refunding

Series

2020A

5

.875

06/01/55

951,682

850,000

IIndiana

Finance

Authority,

Hospital

Revenue

Bonds,

Parkview

Health,

Series

2018A

4

.000

11/01/48

816,716

4,000,000

Indiana

Finance

Authority,

Educational

Facilities

Revenue

Bonds,

DePauw

University

Project,

Series

2022A

5

.000

07/01/42

4,130,522

3,725,000

Indiana

Finance

Authority,

Educational

Facilities

Revenue

Bonds,

Rose

Hulman

Institute

Of

Technology

Project,

Series

2018

5

.000

06/01/40

3,809,572

520,000

Indiana

Finance

Authority,

Educational

Facilities

Revenue

Bonds,

Seven

Oaks

Classical

School

Project,

Series

2021A

5

.000

06/01/51

462,652

4,195,000

Indiana

Finance

Authority,

Health

System

Revenue

Bonds,

Franciscan

Alliance,

Inc

Obligated

Group,

Series

2016B

5

.000

11/01/41

4,228,498

500,000

Indiana

Finance

Authority,

Hospital

Revenue

Bonds,

Goshen

Health,

Series

2019A

5

.000

11/01/30

517,508

1,020,000

Indiana

Finance

Authority,

Hospital

Revenue

Bonds,

Goshen

Health,

Series

2019A

5

.000

11/01/31

1,048,585

435,000

Indiana

Finance

Authority,

Hospital

Revenue

Bonds,

Goshen

Health,

Series

2019A

5

.000

11/01/32

445,340

13

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

INDIANA

(continued)

$

1,110,000

Indiana

Finance

Authority,

Hospital

Revenue

Bonds,

Goshen

Health,

Series

2019A

5

.000

%

11/01/33

$

1,132,056

760,000

Indiana

Finance

Authority,

Hospital

Revenue

Bonds,

Goshen

Health,

Series

2019A

5

.000

11/01/34

773,679

665,000

Indiana

Finance

Authority,

Hospital

Revenue

Bonds,

Goshen

Health,

Series

2019A

5

.000

11/01/35

677,215

235,000

Indiana

Finance

Authority,

Hospital

Revenue

Bonds,

Goshen

Health,

Series

2019A

4

.000

11/01/36

224,815

1,125,000

Indiana

Finance

Authority,

Hospital

Revenue

Bonds,

Goshen

Health,

Series

2019A

4

.000

11/01/43

1,035,508

1,785,000

Indiana

Finance

Authority,

Hospital

Revenue

Bonds,

Reid

Health

Series

2022

-

AGM

Insured

5

.000

01/01/42

1,880,702

1,700,000

Indiana

Finance

Authority,

Hospital

Revenue

Bonds,

Reid

Health

Series

2022

-

AGM

Insured

5

.000

01/01/52

1,761,527

1,635,000

Indiana

Finance

Authority,

Indiana,

Health

Facilities

Project

Revenue

Bonds,

Margaret

Mary

Health

Project,

Series

2024A

5

.000

03/01/32

1,741,931

1,805,000

Indiana

Finance

Authority,

Indiana,

Health

Facilities

Project

Revenue

Bonds,

Margaret

Mary

Health

Project,

Series

2024A

5

.000

03/01/34

1,934,778

2,485,000

Indiana

Finance

Authority,

Indiana,

Health

Facilities

Project

Revenue

Bonds,

Margaret

Mary

Health

Project,

Series

2024A

5

.500

03/01/44

2,667,523

3,845,000

Indiana

Finance

Authority,

Indiana,

Health

Facilities

Project

Revenue

Bonds,

Margaret

Mary

Health

Project,

Series

2024A

5

.750

03/01/54

4,120,318

785,000

Indiana

Housing

and

Community

Development

Authority,

Single

Family

Mortgage

Revenue

Bonds,

Social

Series

2024A-1

4

.650

07/01/49

793,292

3,000,000

Indiana

Municipal

Power

Agency,

Power

Supply

System

Revenue

Bonds,

Series

2022A

5

.500

01/01/47

3,295,592

1,000,000

Indianapolis

Local

Public

Improvement

Bond

Bank,

Indiana,

Airport

Authority

Project

Revenue

Bonds,

Series

2022G-2,

(AMT)

5

.000

01/01/33

1,074,550

885,000

Indianapolis

Local

Public

Improvement

Bond

Bank,

Indiana,

Airport

Authority

Project

Revenue

Bonds,

Series

2022G-2,

(AMT)

5

.250

01/01/38

958,882

500,000

Indianapolis

Local

Public

Improvement

Bond

Bank,

Indiana,

Airport

Authority

Project

Revenue

Bonds,

Series

2023I-2,

(AMT)

5

.250

01/01/42

538,412

500,000

Indianapolis

Local

Public

Improvement

Bond

Bank,

Indiana,

Airport

Authority

Project

Revenue

Bonds,

Series

2023I-2,

(AMT)

5

.250

01/01/43

536,516

1,030,000

Indianapolis

Local

Public

Improvement

Bond

Bank,

Indiana,

Airport

Authority

Project

Revenue

Bonds,

Series

2023I-2,

(AMT)

5

.250

01/01/48

1,092,931

2,235,000

Indianapolis

Local

Public

Improvement

Bond

Bank,

Indiana,

Circle

City

Forward

Phase

II

Project

Revenue

Bonds,

Series

2023B

5

.250

02/01/48

2,451,151

5,850,000

Indianapolis

Local

Public

Improvement

Bond

Bank,

Indiana,

Revenue

Bonds,

Ad

Valorem

Property

Tax

Funded

Project

Series

2023D

6

.000

02/01/48

6,712,635

630,000

IPS

Multi-School

Building

Corporation,

Indiana,

First

Mortgage

Revenue

Bonds,

Social

Series

2022

5

.500

07/15/37

721,020

500,000

IPS

Multi-School

Building

Corporation,

Indiana,

First

Mortgage

Revenue

Bonds,

Social

Series

2022

5

.500

07/15/39

567,189

2,960,000

Lake

Ridge

Multi-School

Building

Corporation,

Lake

County,

Indiana,

First

Mortgage

Bonds,

Ad

Valorem

Property

Tax

Series

2022

5

.500

07/15/36

3,368,015

3,500,000

Lake

Ridge

Multi-School

Building

Corporation,

Lake

County,

Indiana,

First

Mortgage

Bonds,

Ad

Valorem

Property

Tax

Series

2022

5

.500

07/15/38

3,949,925

1,280,000

Lake

Ridge

Multi-School

Building

Corporation,

Lake

County,

Indiana,

First

Mortgage

Bonds,

Ad

Valorem

Property

Tax

Series

2022

5

.500

07/15/40

1,431,253

1,150,000

Mount

Vernon

of

Hancock

County

Multi-School

Building

Corporation,

Indiana,

First

Mortgage

Bonds,

Series

2022

5

.500

01/15/42

1,260,430

4,000,000

Terre

Haute

Sanitary

District,

Indiana,

Revenue

Bonds,

Bond

Anticipation

Notes

Series

2023

5

.250

09/28/28

4,000,734

465,000

Tippecanoe

County

NSE08

School

Building

Corporation,

Indiana,

Ad

Valorem

Property

Tax

First

Mortgage

Bonds,

Series

2023B

6

.000

07/15/41

544,471

1,325,000

Tippecanoe

County

NSE08

School

Building

Corporation,

Indiana,

Ad

Valorem

Property

Tax

First

Mortgage

Bonds,

Series

2023B

6

.000

01/15/43

1,540,953

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

14

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

INDIANA

(continued)

$

1,050,000

Warrick

County

School

Corporation,

Indiana,

General

Obligation

Bonds,

Series

2023

5

.000

%

01/15/25

$

1,051,505

TOTAL

INDIANA

80,457,144

IOWA

-

0.2%

3,000,000

PEFA

Inc.,

Public

Energy

Facilities

Authority,

Inc.,

Iowa,

Gas

Project

Revenue

Bonds,

Series

2019,

(Mandatory

Put

9/01/26)

5

.000

09/01/49

3,069,507

TOTAL

IOWA

3,069,507

KANSAS

-

0.6%

1,075,000

Hutchinson,

Kansas,

Hospital

Facilities

Revenue

Bonds,

Hutchinson

Regional

Medical

Center,

Inc.,

Series

2016

5

.000

12/01/36

1,036,758

525,000

Kansas

Independent

College

Finance

Authority,

Revenue

Anticipation

Notes,

Private

Education

Short-Term

Loan

Program,

Series

2024A,

B,

and

C

8

.150

05/01/25

530,319

1,000,000

Kansas

Independent

College

Finance

Authority,

Revenue

Anticipation

Notes,

Private

Education

Short-Term

Loan

Program,

Series

2024A,

B,

and

C

8

.500

05/01/25

1,009,828

1,500,000

Marion

County

Unified

School

District

410

Marion-Durham-

Hillsboro-Lehigh,

Kansas,

General

Obligation

Bonds

Series

2024

-

AGM

Insured

4

.000

09/01/44

1,443,094

2,700,000

Unified

School

District

No.

491,

Douglas

County.

Kansas,

General

Obligation

Bonds,

Refunding

and

School

Building,

Eudora

Series

2023A

-

AGM

Insured

5

.000

09/01/42

2,870,450

2,350,000

University

of

Kansas

Hospital

Authority,

Health

Facilities

Revenue

Bonds,

KU

Health

System,

Refunding

&

Improvement

Series

2015

5

.000

09/01/33

2,380,761

TOTAL

KANSAS

9,271,210

KENTUCKY

-

0.1%

1,250,000

Kentucky

State

Property

and

Buildings

Commission,

Revenue

Bonds,

Project

127,

Series

2022A

5

.250

06/01/39

1,394,722

TOTAL

KENTUCKY

1,394,722

LOUISIANA

-

2.7%

4,000,000

Greater

New

Orleans

Expressway

Commission,

Louisiana,

Toll

Revenue

Bonds,

Subordinate

Lien

Series

2017

-

AGM

Insured

5

.000

11/01/42

4,040,662

3,255,000

Lafayette,

Louisiana,

Utilities

Revenue

Bonds,

Electric

Projects

Series

2024

5

.000

11/01/49

3,515,914

500,000

Lake

Charles

Harbor

and

Terminal

District,

Louisiana,

Revenue

Bonds,

Refunding

Series

2024B,

(AMT)

5

.000

01/01/36

525,800

5,000,000

Louisiana

Local

Government

Environmental

Facilities

and

Community

Development

Authority,

Louisiana,

Insurance

Assessment

Revenue

Bonds,

Louisiana

Insurance

Guaranty

Association

Project,

Series

2022B

5

.000

08/15/33

5,164,635

200,000

(b)

Louisiana

Publc

Facilities

Authority,

Lousiana,

Revenue

Bonds,

Lincoln

Preparatory

School

Project,

Series

2021A

5

.000

06/01/31

196,149

2,000,000

Louisiana

Publc

Facilities

Authority,

Lousiana,

Revenue

Bonds,

Ochsner

Clinic

Foundation

Project,

Refunding

Series

2017

5

.000

05/15/34

2,060,103

2,640,000

Louisiana

Publc

Facilities

Authority,

Lousiana,

Revenue

Bonds,

Ochsner

Clinic

Foundation

Project,

Refunding

Series

2017

5

.000

05/15/35

2,715,553

2,000,000

Louisiana

Public

Facilities

Authority,

Louisiana,

Revenue

Bonds,

Loyola

University

of

New

Orleans

Project,

Refunding

Series

2023A

5

.000

10/01/43

2,070,178

5,000,000

Louisiana

Publics

Facilities

Authority,

Louisiana,

Revenue

Bonds,

I-10

Calcasieu

River

Bridge

Public-Private

Partnership

Project,

Senior

Lien

Series

2024,

(AMT)

5

.500

09/01/54

5,397,579

3,000,000

Louisiana

Publics

Facilities

Authority,

Louisiana,

Revenue

Bonds,

I-10

Calcasieu

River

Bridge

Public-Private

Partnership

Project,

Senior

Lien

Series

2024,

(AMT)

5

.500

09/01/59

3,201,728

3,940,000

New

Orleans

Aviation

Board,

Louisiana,

General

Airport

Revenue

Bonds,

North

Terminal

Project,

Series

2015B,

(AMT)

5

.000

01/01/30

3,946,296

500,000

New

Orleans

Aviation

Board,

Louisiana,

General

Airport

Revenue

Bonds,

North

Terminal

Project,

Series

2017B,

(AMT)

5

.000

01/01/35

507,535

355,000

New

Orleans

Aviation

Board,

Louisiana,

General

Airport

Revenue

Bonds,

North

Terminal

Project,

Series

2017B,

(AMT)

5

.000

01/01/36

359,982

15

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LOUISIANA

(continued)

$

500,000

(b)

Plaquemines

Port,

Louisiana,

Harbor

and

Terminal

District

Facilities

Revenue

Bonds

NOLA

Terminal

LLC

Project

Dock

and

Wharf

Series

2024A

9

.000

%

12/01/44

$

509,534

3,000,000

Port

New

Orleans

Board

of

Commissioners,

Louisiana,

Revenue

Bonds,

Port

Facilities,

Refunding

Series

2018B

-

AGM

Insured,

(AMT)

5

.000

04/01/37

3,075,655

4,900,000

Saint

John

the

Baptist

Parish

School

District

1,

Louisiana,

General

Obligation

Bonds,

Series

2023

5

.250

03/01/37

5,281,481

TOTAL

LOUISIANA

42,568,784

MAINE

-

0.5%

1,500,000

Bath,

Maine,

General

Obligation

Bonds,

Series

2024

4

.000

05/01/44

1,484,976

1,000,000

Bath,

Maine,

General

Obligation

Bonds,

Series

2024

4

.000

05/01/49

977,002

5,000,000

Maine

Health

and

Higher

Educational

Facilities

Authority

Revenue

Bonds,

Eastern

Maine

Medical

Center

Obligated

Group

Issue,

Series

2016A

5

.000

07/01/46

4,940,257

500,000

Maine

Health

and

Higher

Educational

Facilities

Authority,

Revenue

Bonds,

Series

2022C

-

AGM

Insured

5

.500

07/01/38

561,583

700,000

Maine

Health

and

Higher

Educational

Facilities

Authority,

Revenue

Bonds,

Series

2023A

-

AGM

Insured

5

.000

07/01/42

749,152

TOTAL

MAINE

8,712,970

MARYLAND

-

0.4%

1,385,000

(a)

Maryland

Health

and

Higher

Educational

Facilities

Authority,

Revenue

Bonds,

Lifebridge

Health

Issue

Series

2023

5

.250

07/01/54

1,497,902

4,615,000

Maryland

Transportation

Authority,

Passenger

Facility

Charge

Revenue

Bonds,

Baltimore/Washington

Internatonal

Thurgood

Marshall

Airport

Project,

Series

2019,

(AMT)

5

.000

06/01/26

4,734,368

TOTAL

MARYLAND

6,232,270

MASSACHUSETTS

-

0.8%

3,545,000

Bristol

County,

Massachusetts,

General

Obligation

Bonds,

Agricultural

School

Loan

Act

2018

Series

2022

5

.250

06/01/45

3,908,780

3,280,000

Massachusetts

State,

General

Obligation

Bonds,

Refunding

Series

2023B

5

.000

05/01/43

3,592,533

4,000,000

Massachusetts

State,

General

Obligation

Bonds,

Refunding

Series

2024A

5

.000

03/01/40

4,482,983

TOTAL

MASSACHUSETTS

11,984,296

MICHIGAN

-

2.8%

1,090,000

Belding

School

District,

Ionia,

Kent

and

Montcalm

Counties,

Michigan,

General

Obligation

Bonds,

School

Building

&

Site

Series

2022

5

.250

05/01/48

1,165,454

580,000

(e)

Detroit

Downtown

Development

Authority,

Michigan,

Tax

Increment

Bonds,

Development  Area

1

Projects,

Series

1996C,

(ETM)

0

.000

07/01/25

566,821

5,000,000

Flat

Rock

Community

School

District,

Wayne

County,

Michigan,

General

Obligation

Bonds,

Refunding

School

Building

and

Site

Series

2023

5

.250

05/01/52

5,352,278

5,000

(e)

Kalamazoo

Hospital

Finance

Authority,

Michigan,

Hospital

Revenue

Bonds,

Bronson

Healthcare

Group,

Inc.,

Refunding

Series

2016,

(ETM)

5

.000

05/15/26

5,143

4,000,000

Lansing,

Ingham

and

Eaton

Counties,

Michigan,

General

Obligation

Bonds,

Refunding

&

Capital

Improvement

Series

2023B

-

AGM

Insured

5

.000

06/01/42

4,320,871

825,000

Michigan

Finance

Authority,

Hospital

Revenue

Bonds,

McLaren

Health

Care,

Refunding

Series

2015B

5

.000

05/15/34

830,229

2,500,000

Michigan

Finance

Authority,

Hospital

Revenue

Bonds,

McLaren

Health

Care,

Series

2019A

5

.000

02/15/32

2,662,314

3,600,000

(e)

Michigan

Finance

Authority,

Hospital

Revenue

Bonds,

Sparrow

Obligated

Group,

Refunding

Series

2022A,

(Pre-refunded

11/15/32)

5

.000

11/15/33

4,058,302

3,785,000

(e)

Michigan

Finance

Authority,

Hospital

Revenue

Bonds,

Sparrow

Obligated

Group,

Refunding

Series

2022A,

(Pre-refunded

11/15/32)

5

.000

11/15/34

4,266,853

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

16

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MICHIGAN

(continued)

$

3,975,000

(e)

Michigan

Finance

Authority,

Hospital

Revenue

Bonds,

Sparrow

Obligated

Group,

Refunding

Series

2022A,

(Pre-refunded

11/15/32)

5

.000

%

11/15/35

$

4,481,041

4,460,000

Michigan

Finance

Authority,

Local

Government

Loan

Program

Revenue

Bonds,

Detroit

Financial

Recovery

Income

Tax

Local

Project,

Refunding

Series

2014F-1

4

.500

10/01/29

4,469,356

375,000

(b)

Michigan

Finance

AuthorIty,

Public

School

Academy

Limited

Obligation

Revenue

Bonds,

Voyageur

Academy

Project,

Refunding

Series

2017.

Private

Placement

of

2017

5

.900

07/15/46

296,377

1,000,000

Michigan

Mathematics

&

Science

Initiative,

Michigan,

Public

School

Academy

Revenue

Bonds,

Series

2021

4

.000

01/01/51

843,279

3,075,000

Michigan

State

University,

General

Revenue

Bonds,

Series

2024A

5

.250

08/15/43

3,427,381

5,000,000

Michigan

State,

Trunk

Line

Fund

Bonds,

Rebuilding

Michigan

Program,

Series

2021A

4

.000

11/15/44

4,934,150

3,000,000

Wyoming

Public

Schools,

Kent

County,

Michigan,

General

Obligation

Bonds,

School

Building

&

Site

Series

2023

-

AGM

Insured

5

.000

05/01/43

3,213,456

TOTAL

MICHIGAN

44,893,305

MINNESOTA

-

0.6%

585,000

Bethel,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Spectrum

High

School

Project,

Series

2024

5

.000

07/01/59

579,438

4,580,000

Forest

Lake,

Minnesota

Charter

School

Lease

Revenue

Bonds,

North

Lakes

Academy,

Refunding

Series

2021A

5

.000

07/01/41

4,322,302

305,000

Forest

Lake,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Lakes

International

Language

Academy,

Series

2014A

4

.500

08/01/26

305,030

1,750,000

Minneapolis-St.

Paul

Metropolitan

Airports

Commission,

Minnesota,

Airport

Revenue

Bonds,

Subordinate

Lien

Series

2022B,

(AMT)

5

.000

01/01/37

1,851,546

1,000,000

Minnesota

Housing

Finance

Agency,

Residential

Housing

Finance

Bonds,

Series

2022M

5

.100

07/01/42

1,043,208

1,000,000

Ramsey,

Anoka

County,

Minnesota,

Lease

Revenue

Bonds,

PACT

Charter

School

Project,  Series

2022A

5

.000

06/01/32

1,013,024

750,000

St.

Paul

Housing

and

Redevelopment

Authority,

Minnesota,

Charter

School

Revenue

Bonds,

Higher

Ground

Academy

Charter

School,

Series

2023

5

.500

12/01/38

789,454

TOTAL

MINNESOTA

9,904,002

MISSISSIPPI

-

1.3%

3,180,000

Medical

Center

Educational

Building

Corporation,

Mississippi,

Revenue

Bonds,

University

of

Mississippi

Medical

Center,

Colony

Park

Teaching

Campus,

Series

2023A

5

.000

06/01/42

3,401,553

5,000,000

Mississippi

Home

Corporation,

Single

Family

Mortgage

Revenue

Bonds,

Series

2023C

4

.550

12/01/43

5,035,651

4,000,000

Mississippi

Hospital

Equipment

and

Facilities

Authority,

Revenue

Bonds,

Baptist

Memorial

Healthcare,

Series

2016A

5

.000

09/01/41

4,022,247

8,500,000

Mississippi

Hospital

Equipment

and

Facilities

Authority,

Revenue

Bonds,

Baptist

Memorial

Healthcare,

Series

2016A

5

.000

09/01/46

8,513,992

TOTAL

MISSISSIPPI

20,973,443

MISSOURI

-

2.9%

3,425,000

Hannibal

Industrial

Development

Authority,

Missouri,

Health

Facilities

Revenue

Bonds,

Hannibal

Regional

Healthcare

System,

Series

2017

5

.000

10/01/42

3,440,409

2,500,000

(b)

Lee's

Summit,

Missouri,

Special

Obligation

Tax

Increment

and

Special

District

Improvement

Bonds,

Summit

Fair

Project,

Refunding

Series

2017

4

.875

11/01/37

2,296,370

1,960,000

Metropolitan

St.

Louis

Sewerage

District,

Missouri,

Wastewater

System

Revenue

Bonds,

Refunding

Improvement

Series

2022B

5

.250

05/01/52

2,118,415

4,000,000

Missouri

Development

Finance

Board,

Revenue

Bonds,

Zoo

Projects,

Series

2022

5

.500

05/01/42

4,350,656

3,000,000

Missouri

Health

and

Educational

Facilities

Authority,

Health

Facilities

Revenue

Bonds,

BJC

Health

System,

Series

2015A

4

.000

01/01/45

2,917,163

10,000,000

Missouri

Health

and

Educational

Facilities

Authority,

Health

Facilities

Revenue

Bonds,

Mercy

Health,

Series

2012

4

.000

11/15/42

9,648,887

17

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MISSOURI

(continued)

$

650,000

Missouri

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Lutheran

Senior

Services

Projects,

Series

2016B

5

.000

%

02/01/28

$

660,990

500,000

Missouri

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Lutheran

Senior

Services

Projects,

Series

2016B

5

.000

02/01/46

502,548

2,330,000

Orchard

Farm

R-V

School

District,

Saint

Charles

County,

Missouri,

Certificates

of

Participation,

Series

2022A

5

.250

04/01/39

2,449,727

2,200,000

Ozark

Reorganized

School

District

6,

Christian

County,

Missouri,

General

Obligation

Bonds,

School

Building

Series

2022

-

AGM

Insured

6

.000

03/01/42

2,529,753

10,000,000

Saint

Louis,

Missouri,

Airport

Revenue

Bonds,

Lambert-St.

Louis

International

Airport,

Series

2024A

-

AGM

Insured

5

.250

07/01/49

10,919,084

253,000

Saint

Louis,

Missouri,

Tax

Increment

Financing

Revenue

Notes,

Marquette

Building

Redevelopment

Project,

Series

2008-A

6

.500

01/23/28

103,730

510,000

(b)

Taney

County

Industrial

Development

Authority,

Missouri,

Sales

Tax

Revenue

Improvement

Bonds,

Big

Cedar

Infrastructure

Project

Series

2023

6

.000

10/01/49

510,558

810,000

Transportation

Development

District,

Missouri,

Transportation

Sales

Tax

Revenue

Bonds,

Series

2017

4

.500

06/01/36

811,430

2,340,000

Universal

City

Industrial

Development

Authority,

Missouri,

Revenue

Bonds,

Tax

Increment

and

Special

District

Markets

at

Olive

Project

Series

2023A

4

.875

06/15/36

2,348,968

600,000

Wright

City

School

District

R-II,

Warren

County,

Missouri,

General

Obligation

Bonds,

School

Building

Series

2022

-

AGM

Insured

6

.000

03/01/42

695,223

TOTAL

MISSOURI

46,303,911

MONTANA

-

1.2%

3,000,000

Montana

Board

of

Housing,

Single

Family

Mortgage

Bonds,

Series

2023A

4

.450

12/01/43

3,006,427

1,220,000

Montana

Facility

Finance

Authority,

Hospital

Revenue

Bonds,

Benefis

Health

System

Obligated

Group,

Refunding

Series

2016

5

.000

02/15/31

1,256,180

5,000,000

Montana

Facility

Finance

Authority,

Revenue

Bonds,

Billings

Clinic

Obligated

Group,

Series

2018A

5

.000

08/15/48

5,092,268

8,720,000

Montana

State

Board

of

Regents

of

Higher

Education,

General

Revenue

Bonds,

Series

2022

-

AGM

Insured

5

.250

11/15/52

9,406,130

TOTAL

MONTANA

18,761,005

NEBRASKA

-

0.7%

2,000,000

Douglas

County

Nebraska,

Sanitary

and

Improvement,

District

Number

608,

General

Obligation

Bonds,

North

Streams,

Series

2022

6

.000

12/15/37

1,880,242

1,750,000

Douglas

County

Sanitary

and

Improvement

District

608

North

Streams,

Nebraska,

General

Obligation

Bonds,

Series

2022

5

.750

12/15/37

1,607,402

1,045,000

Douglas

County

Sanitary

and

Improvement

District

608

North

Streams,

Nebraska,

General

Obligation

Bonds,

Series

2023

7

.000

10/15/38

1,025,812

525,000

Madison

County

Hospital

Authority

1,

Nebraska,

Hospital

Revenue

Bonds,

Faith

Regional

Health

Services

Project,

Series

2018

5

.000

07/01/29

526,897

2,500,000

Nebraska

Investment

Finance

Authority,

Single

Family

Housing

Revenue

Bonds,

Social

Series

2023G

5

.150

09/01/43

2,601,859

3,000,000

Nebraska

Investment

Finance

Authority,

Single

Family

Housing

Revenue

Bonds,

Social

Series

2024A

4

.500

09/01/44

3,004,230

TOTAL

NEBRASKA

10,646,442

NEVADA

-

1.6%

2,425,000

Clark

County

Water

Reclamation

District,

Nevada,

General

Obligation

Water

Bonds,

Limited

Tax

Series

2023

5

.000

07/01/41

2,670,742

12,335,000

Clark

County

Water

Reclamation

District,

Nevada,

General

Obligation

Water

Bonds,

Limited

Tax

Series

2023

5

.000

07/01/47

13,287,045

4,000,000

Clark

County,

Nevada  Airport

Revenue

Bonds,

Senior

Series

2015A

5

.000

07/01/40

4,024,431

775,000

Henderson,

Nevada,

Local

Improvement

Bonds,

Local

Improvement

District

T-22

Rainbow

Canyon

Phase

II,

Series

2023

5

.000

03/01/38

778,939

600,000

Las

Vegas

Special

Improvement

District

613,

Nevada,

Local

Improvement

Bonds,

Sunstone

Phases

III

and

IV

Series

2024

5

.500

12/01/53

610,581

870,000

Las

Vegas,

Nevada,

Local

Improvement

Bonds,

Special

Improvement

District

812

Summerlin

Village

24,

Series

2015

4

.250

12/01/24

870,029

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

18

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

NEVADA

(continued)

$

2,570,000

Reno-Tahoe

Airport

Authority,

Nevada,

Airport

Revenue

Bonds,

Series

2024B

5

.000

%

07/01/49

$

2,748,973

TOTAL

NEVADA

24,990,740

NEW

HAMPSHIRE

-

1.0%

670,000

New

Hampshire

Health

and

Education

Facilities

Authority,

Revenue

Bonds,

Catholic

Medical

Center,

Series

2017

5

.000

07/01/44

667,833

4,055,000

New

Hampshire

Health

and

Education

Facilities

Authority,

Revenue

Bonds,

Concord

Hospital,

Series

2017

5

.000

10/01/42

4,143,394

9,455,000

New

Hampshire

Health

and

Education

Facilities

Authority,

Revenue

Bonds,

University

System

of

New

Hampshire,

Series

2015

5

.000

07/01/40

9,512,116

1,350,000

New

Hampshire

Housing

Finance

Authority,

Single

Family

Mortgage

Acquisition

Bonds,

Social

Series

2023B

4

.450

07/01/43

1,353,117

TOTAL

NEW

HAMPSHIRE

15,676,460

NEW

JERSEY

-

1.7%

3,920,000

Middlesex

County

Improvement

Authority,

New

Jersey,

General

Obligation

Lease

Revenue

Bonds,

New

Jersey

Health

+

Life

Science

Exchange

-

H-1

Project

Series

2023A

5

.000

08/15/49

4,256,665

2,715,000

Middlesex

County

Improvement

Authority,

New

Jersey,

General

Obligation

Lease

Revenue

Bonds,

New

Jersey

Health

+

Life

Science

Exchange

-

H-1

Project

Series

2023A

5

.000

08/15/53

2,922,694

5,300,000

New

Jersey

Economic

Development

Authority,

New

Jersey,

Transit

Transportation

Project

Revenue

Bonds,

Portal

North

Bridge

Project

Series

2022A

5

.000

11/01/37

5,782,652

1,500,000

New

Jersey

Economic

Development

Authority,

Private

Activity

Bonds,

The

Goethals

Bridge

Replacement

Project,

Series

2013

-

AGM

Insured,

(AMT)

5

.125

01/01/39

1,501,383

3,500,000

New

Jersey

Economic

Development

Authority,

Special

Facility

Revenue

Bonds,

Port

Newark

Container

Terminal

LLC

Project,

Refunding

Series

2017,

(AMT)

5

.000

10/01/37

3,585,646

2,235,000

New

Jersey

Economic

Development

Authority,

Special

Facility

Revenue

Bonds,

Port

Newark

Container

Terminal

LLC

Project,

Refunding

Series

2017,

(AMT)

5

.000

10/01/47

2,257,233

2,000,000

New

Jersey

Housing

and

Mortgage

Finance

Agency,

Single

Family

Housing

Revenue

Bonds,

Series

2018B,

(AMT)

3

.800

10/01/32

1,928,880

1,700,000

New

Jersey

Transportation

Trust

Fund

Authority,

Transportation

Program

Bonds,

Series

2022CC

5

.250

06/15/36

1,905,697

1,700,000

(e)

New

Jersey

Transportation

Trust

Fund

Authority,

Transportation

System

Bonds,

Series

2009C,

(Pre-refunded

1/15/25)

5

.250

06/15/32

1,706,046

200,000

New

Jersey

Transportation

Trust

Fund

Authority,

Transportation

System

Bonds,

Series

2015AA

5

.250

06/15/32

202,017

1,300,000

South

Jersey

Port

Corporation,

New

Jersey,

Marine

Terminal

Revenue

Bonds,

Subordinate

Series

2017B,

(AMT)

5

.000

01/01/35

1,338,174

TOTAL

NEW

JERSEY

27,387,087

NEW

MEXICO

-

0.1%

1,970,000

New

Mexico

Mortgage

Finance

Authority,

Single

Family

Mortgage

Program

Bonds,

Class

1

Series

2023D

5

.150

09/01/43

2,063,500

TOTAL

NEW

MEXICO

2,063,500

NEW

YORK

-

7.6%

400,000

Buffalo

and

Erie

County

Industrial

Land

Development

Corporation,

New

York,

Revenue

Bonds,

Catholic

Health

System,

Inc.

Project,

Series

2015

5

.000

07/01/27

398,298

400,000

Build

New

York

City

Resource

Corporation,

New

York,

Revenue

Bonds,

Global

Community

Charter

School

Project,

Series

2022A

4

.000

06/15/32

402,339

1,250,000

(b)

Build

NYC

Resource

Corporation

Revenue

Bonds,

New

York,

East

Harlem

Scholars

Academy

Charter

School

Project

Series

2022

(Social

Bonds)

5

.750

06/01/42

1,333,957

1,335,000

Dormitory

Authority

of

the

State

of

New

York,

Columbia

University

Revenue

Bonds,

Series

2020A

5

.000

10/01/50

1,547,849

785,000

Dormitory

Authority

of

the

State

of

New

York,

General

Revenue

Bonds,

Barnard

College,

Series

2022A

5

.000

07/01/37

834,368

500,000

Dormitory

Authority

of

the

State

of

New

York,

General

Revenue

Bonds,

Barnard

College,

Series

2022A

5

.000

07/01/38

528,825

19

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

NEW

YORK

(continued)

$

725,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Catholic

Health

System

Obligated

Group

Series

2019A

5

.000

%

07/01/32

$

719,489

525,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Catholic

Health

System

Obligated

Group

Series

2019A

5

.000

07/01/34

518,240

925,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Catholic

Health

System

Obligated

Group

Series

2019A

4

.000

07/01/38

817,320

800,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Catholic

Health

System

Obligated

Group

Series

2019A

5

.000

07/01/41

781,380

9,000,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Icahn

School

of

Medicine

at

Mount

Sinai,

Refunding

Series

2015A

5

.000

07/01/32

9,035,304

5,000,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Memorial

Sloan

Kettering

Cancer

Center

Series

2022-1A

4

.000

07/01/51

4,863,243

2,535,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Montefiore

Obligated

Group,

Series

2018A

5

.000

08/01/25

2,557,804

800,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Montefiore

Obligated

Group,

Series

2020A

4

.000

09/01/36

782,038

450,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Montefiore

Obligated

Group,

Series

2020A

4

.000

09/01/37

438,629

750,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Montefiore

Obligated

Group,

Series

2020A

4

.000

09/01/38

727,852

7,800,000

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

New

School

University,

Series

2016A

5

.000

07/01/37

8,004,547

300,000

(b)

Dormitory

Authority

of

the

State

of

New

York,

Revenue

Bonds,

Orange

Regional

Medical

Center

Obligated

Group,

Series

2017

5

.000

12/01/29

300,486

1,575,000

Liberty

Development

Corporation,

New

York,

Goldman

Sachs

Headquarter

Revenue

Bonds,

Series

2005

5

.250

10/01/35

1,809,400

580,000

Liberty

Development

Corporation,

New

York,

Goldman

Sachs

Headquarters

Revenue

Bonds

Series

2007

5

.500

10/01/37

685,708

1,975,000

Monroe

County

Industrial

Development

Corporation,

New

York,

Revenue

Bonds,

Rochester

General

Hospital

Project,

Series

2017

5

.000

12/01/46

1,994,309

600,000

Monroe

County

Industrial

Development

Corporation,

New

York,

Revenue

Bonds,

Rochester

Regional

Health

Project,

Series

2020A

5

.000

12/01/24

600,281

750,000

Monroe

County

Industrial

Development

Corporation,

New

York,

Revenue

Bonds,

Rochester

Regional

Health

Project,

Series

2020A

5

.000

12/01/25

758,227

2,011,369

Nassau

County

Tobacco

Settlement

Corporation,

New

York,

Tobacco

Settlement

Asset-Backed

Bonds,

Refunding

Series

2006A-2

5

.250

06/01/26

1,968,996

2,000,000

New

York

City

Municipal

Water

Finance

Authority,

New

York,

Water

and

Sewer

System

Second

General

Resolution

Revenue

Bonds,

Fiscal

2025

Series

AA-2

5

.000

06/15/46

2,175,272

2,000,000

New

York

City

Transitional

Finance

Authority,

New

York,

Future

Tax

Secured

Bonds,

Subordinate

Fiscal

2025

Subseries

Series

A-1

5

.000

11/01/39

2,235,879

2,500,000

New

York

City

Transitional

Finance

Authority,

New

York,

Future

Tax

Secured

Bonds,

Subordinate

Fiscal

Series

2023B-1

5

.250

11/01/36

2,827,080

5,000,000

New

York

City

Transitional

Finance

Authority,

New

York,

Future

Tax

Secured

Bonds,

Subordinate

Fiscal

Series

2023D-1

5

.500

11/01/45

5,564,873

6,000,000

New

York

City

Transitional

Finance

Authority,

New

York,

Future

Tax

Secured

Bonds,

Subordinate

Fiscal

Series

2023E-1

5

.000

11/01/40

6,594,939

4,035,000

New

York

City

Transitional

Finance

Authority,

New

York,

Future

Tax

Secured

Bonds,

Subordinate

Fiscal

Series

2024A-1

5

.000

05/01/44

4,354,858

7,090,000

(b)

New

York

Liberty

Development

Corporation,

New

York,

Liberty

Revenue

Bonds,

3

World

Trade

Center

Project,

Class

1

Series

2014

5

.000

11/15/44

7,089,925

500,000

(e)

New

York

State

Environmental

Facilities

Corporation,

State

Clean

Water

and

Drinking

Water

Revolving

Funds

Revenue

Bonds,

Pooled

Loan

Issue,

Series

2005B,

(ETM)

5

.500

10/15/27

536,850

1,220,000

New

York

State

Power

Authority,

General

Revenue

Bonds,

Green

Series

2024A

5

.000

11/15/42

1,368,143

500,000

New

York

State

Power

Authority,

Green

Transmission

Project

Revenue

Bonds,

Green

Series

2023A

-

AGM

Insured

5

.250

11/15/42

574,243

1,785,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

John

F

Kennedy

International

Airport

New

Terminal

1

Project,

Green

Series

2024,

(AMT)

5

.250

06/30/43

1,895,308

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

20

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

NEW

YORK

(continued)

$

2,600,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

John

F

Kennedy

International

Airport

New

Terminal

1

Project,

Green

Series

2024,

(AMT)

5

.500

%

06/30/54

$

2,750,509

1,980,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

New

Terminal

1

John

F

Kennedy

International

Airport

Project,

Green

Series

2023

-

AGM

Insured,

(AMT)

5

.500

06/30/44

2,125,110

8,500,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

Terminal

4

John

F

Kennedy

International

Airport

Project,

Series

2022,

(AMT)

5

.000

12/01/31

9,088,853

1,660,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

Terminal

4

John

F

Kennedy

International

Airport

Project,

Series

2022,

(AMT)

5

.000

12/01/42

1,713,249

2,750,000

Niagara

Frontier

Transportation

Authority,

New

York,

Airport

Revenue

Bonds,

Buffalo

International

Airport,

Series

2014A,

(AMT)

5

.000

04/01/25

2,751,429

4,000,000

Port

Authority

of

New

York

and

New

Jersey,

Consolidated

Revenue

Bonds,

Two

Hundred

Eighteen

Series

2019,

(AMT)

5

.000

11/01/44

4,107,480

750,000

Schenectady

County

Capital

Resource

Corporation,

New

York,

Revenue

Bonds,

Union

College

Project,

Series

2022

5

.250

07/01/52

816,568

7,625,000

Triborough

Bridge

and

Tunnel

Authority,

New

York,

Sales

Tax

Revenue

Bonds,

MTA

Bridges

&

Tunnels,

TBTA

Capital

Lockbox-

City

Sales

Tax,

Series

2022A

5

.250

05/15/52

8,268,417

7,165,000

Triborough

Bridge

and

Tunnel

Authority,

New

York,

Sales

Tax

Revenue

Bonds,

MTA

Bridges

&

Tunnels,

TBTA

Capital

Lockbox-

City

Sales

Tax,

Series

2024A-1

5

.250

05/15/59

7,828,542

1,360,000

Westchester

County

Local

Development

Corporation,

New

York,

Revenue

Bonds,

Westchester

Medical

Center

Obligated

Group

Project,

Series

2023

-

AGM

Insured

5

.750

11/01/48

1,519,650

915,000

Yonkers

Industrial

Development

Agency,

New

York,

School

Facility

Revenue

Bonds,

New

Community

School

Project

Series

2022

5

.250

05/01/51

985,452

1,155,000

Yonkers,

New

York,

General

Obligation

Bonds,

Serial

Series

2022F

-

BAM

Insured

5

.000

11/15/38

1,289,612

TOTAL

NEW

YORK

120,871,130

NORTH

CAROLINA

-

0.8%

6,370,000

Charlotte,

North

Carolina,

Airport

Revenue

Bonds,

Charlotte

Douglas

International,

Series

2022A

4

.000

07/01/47

6,221,634

1,300,000

Greater

Asheville

Regional

Airport

Authority,

North

Carolina,

Airport

System

Revenue

Bonds

Series

2022A

-

AGM

Insured,

(AMT)

5

.250

07/01/39

1,411,129

430,000

Greater

Asheville

Regional

Airport

Authority,

North

Carolina,

Airport

System

Revenue

Bonds

Series

2023

-

AGM

Insured,

(AMT)

5

.250

07/01/41

466,516

1,090,000

Greater

Asheville

Regional

Airport

Authority,

North

Carolina,

Airport

System

Revenue

Bonds

Series

2023

-

AGM

Insured,

(AMT)

5

.250

07/01/42

1,178,017

620,000

Greater

Asheville

Regional

Airport

Authority,

North

Carolina,

Airport

System

Revenue

Bonds

Series

2023

-

AGM

Insured,

(AMT)

5

.250

07/01/43

667,588

1,095,000

North

Carolina

Medical

Care

Commission,

Retirement

Facility

First

Mortgage

Revenue

Bonds,

Everyage,

Series

2024B

5

.000

09/01/49

1,117,100

1,500,000

North

Carolina

Turnpike

Authority,

Triangle

Expressway

System

Revenue

Bonds,

Senior

Lien

Series

2019

5

.000

01/01/44

1,556,858

500,000

North

Carolina

Turnpike

Authority,

Triangle

Expressway

System

Revenue

Bonds,

Senior

Lien

Series

2019

5

.000

01/01/49

514,895

TOTAL

NORTH

CAROLINA

13,133,737

21

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

NORTH

DAKOTA

-

0.6%

$

2,580,000

North

Dakota

Board

of

Higher

Education,

Housing

and

Auxiliary

Facilities

Revenue

Bonds,

Bismarck

State

College,

Series

2024

-

AGM

Insured

5

.000

%

05/01/49

$

2,715,208

1,000,000

North

Dakota

Housing

Finance

Agency,

Home

Mortgage

Finance

Program

Bonds,

Social

Series

2023D

4

.500

07/01/43

1,004,024

5,000,000

North

Dakota

Housing

Finance

Agency,

Home

Mortgage

Finance

Program

Bonds,

Social

Series

2024C

4

.650

07/01/44

5,073,912

1,485,000

Ward

County

Health

Care,

North

Dakota,

Revenue

Bonds,

Trinity

Obligated

Group,

Series

2017C

5

.000

06/01/34

1,513,209

TOTAL

NORTH

DAKOTA

10,306,353

OHIO

-

1.9%

925,000

Beachwood

City

School

District,

Cuyahoga

County,

Ohio,

General

Obligation

Bonds,  School

Improvement

Series

2023

4

.125

12/01/60

897,312

1,315,000

Brunswick

City

School

District,

Medina

County,

Ohio,

General

Obligation

Bonds,

Classroom

Facilities

School

Improvement

Series

2023

-

BAM

Insured

5

.250

12/01/53

1,402,221

3,700,000

(b)

Columbus-Franklin

County

Finance

Authority,

Ohio,

Revenue

Bonds,

Bridge

Park

G

Block

Project,

Public

Infrastructure

Series

2022

5

.000

12/01/53

3,676,460

1,000,000

County

of

Warren,

Ohio

Hospital

FaciliaWarren

County,

Ohio,

Hospital

Facilities

Revenue

Bonds,

Community

First

Solutions

Obligated

Group

Refunding

Series

2024A.ties

Refunding

Revenue

Bonds

Series

2024

5

.000

05/15/44

1,042,354

1,415,000

County

of

Warren,

Ohio

Hospital

FaciliaWarren

County,

Ohio,

Hospital

Facilities

Revenue

Bonds,

Community

First

Solutions

Obligated

Group

Refunding

Series

2024A.ties

Refunding

Revenue

Bonds

Series

2024

5

.000

05/15/49

1,454,975

1,910,000

County

of

Warren,

Ohio

Hospital

FaciliaWarren

County,

Ohio,

Hospital

Facilities

Revenue

Bonds,

Community

First

Solutions

Obligated

Group

Refunding

Series

2024A.ties

Refunding

Revenue

Bonds

Series

2024

5

.000

05/15/52

1,955,079

1,000,000

Dayton,

Ohio,

Water

System

Revenue

Bonds,

Series

2022

5

.500

12/01/42

1,093,371

2,000,000

Franklin

County,

Ohio,

Hospital

Facilities

Revenue

Bonds,

OhioHealth

Corporation,

Series

2015

5

.000

05/15/35

2,015,200

400,000

Montgomery

County,

Ohio,

Health

Care

Facilities

Revenue

Bonds,

Solvita

Project

Refunding

and

Improvement

Series

2024

5

.250

09/01/54

420,722

420,000

Muskingum

County,

Ohio,

Hospital

Facilities

Revenue

Bonds,

Genesis

HealthCare

System

Obligated

Group

Project,

Series

2013

5

.000

02/15/27

420,111

5,000,000

New

Albany

Plain

Local

Joint

Park

District,

Franklin

and

Licking

Counties,

Ohio,

General

Obligation

Bonds,

Park

Facilities

Series

2023

-

BAM

Insured

5

.500

12/01/48

5,486,859

1,150,000

Ohio

Air

Quality

Development

Authority,

Ohio,

Pollution

Control

Revenue

Bonds,

FirstEnergy

Generation

Corporation

Project,

Refunding

Series

2009D,

(Mandatory

Put

9/15/21)

3

.375

08/01/29

1,128,081

1,730,000

Ohio

State,

Hospital

Revenue

Bonds,

Children's

Hospital

Medical

Center

of

Akron,

Series

2024A

5

.250

08/14/48

1,888,672

1,700,000

Summit

County

Development

Finance

Authority,

Ohio,

Parking

System

Revenue

Bonds,

University

of

Akron

Parking

Project

Series

2023

5

.500

12/01/43

1,838,711

5,000,000

Washington

County,

Ohio,

Hospital

Facilities

Revenue

Bonds,

Memorial

Health

System

Obligated

Group,

Series

2022

6

.375

12/01/37

5,397,648

635,000

West

Holmes

Local

School

District,

Ohio,

Certificates

of

Participation,

Series

2023

-

BAM

Insured

5

.250

12/01/44

682,714

TOTAL

OHIO

30,800,490

OKLAHOMA

-

0.5%

2,145,000

Clinton

Public

Works

Authority,  Oklahoma,

Educational

Facilities,

Lease

Revenue

Bonds,

Series

2022

5

.000

10/01/33

2,292,116

1,925,000

Clinton

Public

Works

Authority,  Oklahoma,

Educational

Facilities,

Lease

Revenue

Bonds,

Series

2022

5

.000

10/01/35

2,047,772

2,000,000

Grand

River

Dam

Authority,

Oklahoma,

Revenue

Bonds,

Refunding

Series

2024A

5

.000

06/01/42

2,204,513

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

22

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

OKLAHOMA

(continued)

$

750,000

Oklahoma

Development

Finance

Authority,

Health

System

Revenue

Bonds,

OU

Medicine

Project,

Taxable

Series

2022

5

.500

%

08/15/37

$

781,981

TOTAL

OKLAHOMA

7,326,382

OREGON

-

0.8%

1,625,000

Astoria

Hospital

Facilities

Authority,

Oregon,

Hospital

Revenue

Bonds,

Columbia

Memorial

Hospital

Project,

Series

2024

5

.250

08/01/41

1,764,135

1,635,000

Astoria

Hospital

Facilities

Authority,

Oregon,

Hospital

Revenue

Bonds,

Columbia

Memorial

Hospital

Project,

Series

2024

5

.250

08/01/42

1,763,897

1,375,000

Astoria

Hospital

Facilities

Authority,

Oregon,

Hospital

Revenue

Bonds,

Columbia

Memorial

Hospital

Project,

Series

2024

5

.250

08/01/43

1,477,631

525,000

(c)

Oregon

Coast

Community

College

District,

Lincoln

County,

Oregon,

General

Obligation

Bonds,

Convertible

Deferred

Interest

Series

2024

0

.000

06/15/43

542,685

1,600,000

(b)

Oregon

Facilities

Authority

Charter

School

Revenue

Bonds,

Oregon,

Portland

Village

School

Project,

Series

2024

6

.500

12/15/44

1,614,004

1,300,000

(b)

Oregon

Facilities

Authority

Charter

School

Revenue

Bonds,

Oregon,

Portland

Village

School

Project,

Series

2024

6

.750

12/15/54

1,305,054

500,000

(b)

Port

of

Morrow,

Morrow

County

Oregon,

Full

Faith

and

Credit

Obligations,

Series

2024A

5

.150

10/01/26

494,661

1,530,000

West

Linn,

Oregon,

General

Obligation

Bonds,

Series

2023

4

.000

06/01/41

1,533,904

1,465,000

West

Linn,

Oregon,

General

Obligation

Bonds,

Series

2023

4

.000

06/01/43

1,455,035

TOTAL

OREGON

11,951,006

PENNSYLVANIA

-

2.9%

100,000

(b)

Allentown

Neighborhood

Improvement

Zone

Development

Authority,

Pennsylvania,

Tax

Revenue

Bonds,

City

Center

Project,

Series

2018

5

.000

05/01/33

101,507

2,000,000

Allentown

Neighborhood

Improvement

Zone

Development

Authority,

Pennsylvania,

Tax

Revenue

Bonds,

Refunding

Forward

Delivery

Series

2022

5

.000

05/01/42

2,068,995

11,000

Berks

County

Municipal

Authority,

Pennsylvania,

Revenue

Bonds,

Tower

Health

Project,

Series

2024A-2

6

.000

06/30/34

11,897

147,000

Berks

County

Municipal

Authority,

Pennsylvania,

Revenue

Bonds,

Tower

Health

Project,

Series

2024A-3

5

.000

06/30/39

145,441

73,000

(c)

Berks

County

Municipal

Authority,

Pennsylvania,

Revenue

Bonds,

Tower

Health

Project,

Series

2024B-1

0

.000

06/30/44

52,205

23,000

Berks

County

Municipal

Authority,

Pennsylvania,

Revenue

Bonds,

Tower

Health

Project,

Taxable

Series

2024A-1

8

.000

06/30/34

23,620

1,000,000

Cumberland

Valley

School

District,

Cumberland

County,

Pennsylvania,

General

Obligation

Bonds,

Series

2023A

-

AGM

Insured

5

.000

11/15/44

1,066,185

1,420,000

Cumberland

Valley

School

District,

Cumberland

County,

Pennsylvania,

General

Obligation

Bonds,

Series

2023A

-

AGM

Insured

5

.000

11/15/47

1,505,667

1,000,000

Hatboro-Horsham

School

District,

Montgomery

County,

Pennsylvania,

General

Obligation

Bonds,

Series

2023A

5

.250

09/15/47

1,072,259

3,500,000

Montgomery

County

Higher

Education

and

Health

Authority,

Pennsylvania,

Revenue

Bonds,

Thomas

Jefferson

University,

Series

2018A

5

.000

09/01/30

3,681,738

6,000,000

Pennsylvania

Economic

Development

Financing

Authority,

Pennsylvania,

Private

Activity

Revenue

Bonds,

The

PennDOT

Major

Bridges

Package

One

Project,

Series

2022,

(AMT)

5

.000

06/30/33

6,403,086

4,500,000

Pennsylvania

Economic

Development

Financing

Authority,

Pennsylvania,

Private

Activity

Revenue

Bonds,

The

PennDOT

Major

Bridges

Package

One

Project,

Series

2022,

(AMT)

5

.250

06/30/35

4,863,506

1,000,000

Pennsylvania

Economic

Development

Financing

Authority,

Private

Activity

Revenue

Bonds,

Pennsylvania

Rapid

Bridge

Replacement

Project,

Series

2015,

(AMT)

4

.125

12/31/38

980,313

8,670,000

Pennsylvania

Economic

Development

Financing

Authority,

Private

Activity

Revenue

Bonds,

Pennsylvania

Rapid

Bridge

Replacement

Project,

Series

2015,

(AMT)

5

.000

12/31/38

8,792,162

2,500,000

Pennsylvania

HIgher

Educational

Facilities

Authority,

Revenue

Bonds,

Thomas

Jefferson

University,

Refunding

Series

2015A

5

.250

09/01/50

2,504,942

23

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

PENNSYLVANIA

(continued)

$

3,275,000

(a)

Pennsylvania

Higher

Educational

Facilities

Authority,

Revenue

Bonds,

Thomas

Jefferson

University,

Series

2024B-1

5

.250

%

11/01/48

$

3,541,553

330,000

Pennsylvania

Higher

Educational

Facilities

Authority,

Revenue

Bonds,

University

of

the

Sciences

in

Philadelphia,

Series

2015A

5

.000

11/01/24

330,000

1,000,000

Pennsylvania

Housing

Finance

Agency,

Single

Family

Mortgage

Revenue

Bonds,

Social

Series

2023-143A

4

.800

04/01/35

1,043,988

3,000,000

Pennsylvania

State,

General

Obligation

Bonds,

First

Series

2023

4

.000

09/01/42

3,003,445

2,500,000

Pennsylvania

Turnpike

Commission,

Turnpike

Revenue

Bonds,

Series

2022B

5

.250

12/01/47

2,727,970

1,215,000

South

Western

School

District

of

York

County,

Pennsylvania,

General

Obligation

Bonds,

Series

2023

5

.250

02/15/50

1,285,636

TOTAL

PENNSYLVANIA

45,206,115

SOUTH

CAROLINA

-

1.6%

1,150,000

Aiken

Water

&

Sewer

System,

South

Carolina,

Revenue

Bonds,

Series

2024A

4

.000

08/01/49

1,092,873

750,000

Horry

County,

South

Carolina,

Limited

Obligation

Bonds,

Hospitality

Fee

&

Local

Accommodations

Fee

Pledge,

Series

2022

5

.000

09/01/39

828,836

3,000,000

South

Carolina

Housing

Finance

and

Development

Authority,

Multifamily

Housing

Revenue

Bonds,

Edgewood

Place

Apartments

Series

2023A

4

.800

07/01/45

3,056,430

5,000,000

South

Carolina

Jobs-Economic

Development

Authority,

Health

Care

Facilities

Revenue

Bonds,

Novant

Health

Group,

Series

2024A

5

.500

11/01/45

5,593,807

4,000,000

South

Carolina

Jobs-Economic

Development

Authority,

Health

Care

Facilities

Revenue

Bonds,

Novant

Health

Group,

Series

2024A

5

.500

11/01/46

4,463,273

3,265,000

South

Carolina

Jobs-Economic

Development

Authority,

Health

Care

Facilities

Revenue

Bonds,

Novant

Health

Group,

Series

2024A

5

.500

11/01/50

3,612,102

250,000

South

Carolina

Jobs-Economic

Development

Authority,

Healthcare

Revenue

Bonds,

Beaufort

Memorial

Hospital

&

South

of

Broad

Healthcare

Project,

Series

2024

5

.250

11/15/39

263,435

3,500,000

South

Carolina

Public

Service

Authority,

Santee

Cooper

Revenue

Obligations,

Refunding

Series

2022B

4

.000

12/01/49

3,330,062

870,000

South

Island

Public

Service

District,

South

Carolina,

Waterworks

and

Sewer

System

Revenue

Bonds,

Improvement

Series

2022

5

.250

04/01/42

953,122

1,325,000

Spartanburg

County

School

District

4,

South

Carolina,

General

Obligation

Bonds,

Series

2022A

5

.000

03/01/47

1,418,040

TOTAL

SOUTH

CAROLINA

24,611,980

SOUTH

DAKOTA

-

0.7%

1,555,000

Baltic

School

District

No.

49-1,

South

Dakota,

General

Obligation

Bonds,

Series

2022

-

AGM

Insured

5

.500

12/01/51

1,672,372

1,960,000

Brandon,

Minnehaha

County,

South

Dakota,

Water

Surcharge

Revenue

Bonds,

Series

2022

-

BAM

Insured

5

.500

08/01/47

2,159,631

8,000,000

South

Dakota

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Avera

Health,

Refunding

Series

2017

4

.000

07/01/42

7,679,449

TOTAL

SOUTH

DAKOTA

11,511,452

TENNESSEE

-

0.6%

2,050,000

Chattanooga

Health,

Educational

and

Housing

Facility

Board,

Tennessee,

Revenue

Bonds,

CommonSpirit

Health,

Series

2019A-2

5

.000

08/01/49

2,092,193

1,400,000

Knox

County

Health,

Educational

and

Housing

Facilities

Board,

Tennessee,

Revenue

Bonds,

University

Health

System,

Inc.,

Series

2017

5

.000

04/01/27

1,439,448

685,000

Knox

County

Health,

Educational,

and

Housing

Facilities

Board,

Revenue

Bonds,

Provident

Group

-

UTK

Properties

LLC

-

University

of

Tennessee

Project,

Student

Housing

Series

2024A-1

-

BAM

Insured

5

.000

07/01/43

727,797

665,000

Knox

County

Health,

Educational,

and

Housing

Facilities

Board,

Revenue

Bonds,

Provident

Group

-

UTK

Properties

LLC

-

University

of

Tennessee

Project,

Student

Housing

Series

2024A-1

-

BAM

Insured

5

.000

07/01/44

704,490

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

24

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TENNESSEE

(continued)

$

1,100,000

Metropolitan

Nashville

Airport

Authority,

Tennessee,

Airport

Improvement

Revenue

Bonds,

Series

2022A,

(AMT)

5

.250

%

07/01/34

$

1,214,051

1,300,000

Metropolitan

Nashville

Airport

Authority,

Tennessee,

Airport

Improvement

Revenue

Bonds,

Series

2022A,

(AMT)

5

.500

07/01/37

1,456,751

2,160,000

Tennessee

State

School

Bond

Authority,

Higher

Educational

Facilities

Second

Program

Bonds,

Series

2022A

5

.000

11/01/47

2,317,422

TOTAL

TENNESSEE

9,952,152

TEXAS

-

6.7%

500,000

Arlington

Higher

Education

Finance

Corporation,

Texas,

Education

Revenue

Bonds,

Great

Hearts

America

-

Texas,

Series

2024A

5

.000

08/15/49

499,350

685,000

(b)

Arlington

Higher

Education

Finance

Corporation,

Texas,

Education

Revenue

Bonds,

Legacy

Traditional

Schools

-

Texas

Project,

Refunding

Series

2022A

6

.000

02/15/42

691,092

645,000

Arlington

Higher

Education

Finance

Corporation,

Texas,

Education

Revenue

Bonds,

Uplift

Education,

Series

2016A

5

.000

12/01/51

645,815

500,000

Austin

Independent

School

District,

Travis

County,

Texas,

General

Obligation

Bonds,

School

Building

Series

2023

4

.000

08/01/48

486,027

4,300,000

Austin

Independent

School

District,

Travis

County,

Texas,

General

Obligation

Bonds,

School

Building

Series

2024

5

.250

08/01/49

4,719,721

4,300,000

Austin,

Texas,

Water

and

Wastewater

System

Revenue

Bonds,

Refunding

Forward

Delivery

Series

2023

5

.000

11/15/42

4,676,066

3,000,000

Collin

County,

Texas,

General

Obligation

Bonds,

Limited

Tax

Permanent

Improvement

Series

2023

5

.000

02/15/40

3,281,418

3,740,000

Dallas

Area

Rapid

Transit,

Texas,

Sales

Tax

Revenue

Bonds,

Refunding

&

Improvement

Senior

Lien

Series

2021B

4

.000

12/01/51

3,599,688

3,055,000

Dallas

Fort

Worth

International

Airport,

Texas,

Joint

Revenue

Bonds

Refunding

Series

2022B

5

.000

11/01/40

3,324,858

276,000

(e)

Decatur

Hospital

Authority,

Texas,

Revenue

Bonds,

Wise

Regional

Health

System,

Series

2021C,

(Pre-refunded

9/01/31)

4

.000

09/01/44

290,514

1,500,000

Galveston,

Texas,

Wharves

and

Terminal

First

Lien

Revenue

Bonds,

Series

2024A,

(AMT)

5

.000

08/01/32

1,589,699

1,000,000

Galveston,

Texas,

Wharves

and

Terminal

First

Lien

Revenue

Bonds,

Series

2024A,

(AMT)

5

.000

08/01/33

1,059,264

1,000,000

Galveston,

Texas,

Wharves

and

Terminal

First

Lien

Revenue

Bonds,

Series

2024A,

(AMT)

5

.000

08/01/34

1,054,328

650,000

Galveston,

Texas,

Wharves

and

Terminal

First

Lien

Revenue

Bonds,

Series

2024A,

(AMT)

5

.500

08/01/40

710,620

600,000

Galveston,

Texas,

Wharves

and

Terminal

First

Lien

Revenue

Bonds,

Series

2024A,

(AMT)

5

.500

08/01/41

654,001

2,500,000

Georgetown

Independent

School

District,

Williamson

County,

Texas,

General

Obligation

Bonds,

School

Building

Series

2024

4

.500

02/15/49

2,555,979

6,220,000

Greater

Texoma

Utility

Authority,

Texas,

Contract

Revenue

Bonds,

City

of

Sherman

Project

Series

2024

-

BAM

Insured

5

.000

10/01/49

6,556,832

1,230,000

Hackberry,

Texas,

Combination

Special

Assessment

and

Contract

Revenue

Road

and

Utility

Bonds,

Hidden

Cove

Improvement

District

2,

Series

2017

4

.500

09/01/32

1,219,166

955,000

Hackberry,

Texas,

Combination

Special

Assessment

and

Contract

Revenue

Road

and

Utility

Bonds,

Hidden

Cove

Improvement

District

2,

Series

2017

4

.500

09/01/32

946,588

5,000,000

Harris

County

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Hospital

Revenue

Bonds,

Memorial

Hermann

Health

System,

Series

2022A

5

.000

07/01/52

5,263,401

1,250,000

Harris

County

Flood

Control

District,

Texas,

General

Obligation

Bonds,

Refunding

Improvement,  Sustainability

Green

Series

2022A

5

.250

10/01/40

1,392,934

2,255,000

Highland

Park

Independent

School

District,

Potter

County,

Texas,

General

Obligation

Bonds,

School

Building

Series

2023

5

.250

02/15/41

2,505,954

5,000,000

Houston,

Texas,

Airport

System

Revenue

Bonds,

Refunding

Subordinate

Lien

Series

2023A

-

AGM

Insured,

(AMT)

5

.250

07/01/41

5,436,025

1,200,000

Irving

Independent

School

District,

Dallas

County,

Texas,

General

Obligation

Bonds,

School

Building

Series

2023

5

.000

02/15/41

1,299,663

25

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TEXAS

(continued)

$

1,400,000

Kerrville

Health

Facilities

Development

Corporation,

Texas,

Revenue

Bonds,

Sid

Peterson

Memorial

Hospital

Project,

Series

2015

5

.000

%

08/15/35

$

1,407,287

1,500,000

Love

Field

Airport

Modernization

Corporation,

Texas,

General

Airport

Revenue

Bonds,

Refunding

Series

2021,

(AMT)

5

.000

11/01/29

1,593,014

550,000

(b)

Midlothian,

Texas,

Westside

Preserve

Public

Improvement

District

Improvement

Area

#1

Project,

Special

Assessment

Revenue

Bonds,

Series

2022

5

.250

09/15/42

536,610

1,500,000

(b)

Mission

Economic

Development

Corporation,

Texas,

Revenue

Bonds,

Natgasoline

Project,

Senior

Lien

Series

2018,

(AMT)

4

.625

10/01/31

1,500,898

1,060,000

Montgomery

County

Toll

Road

Authority,

Texas,

Toll

Road

Revenue

Bonds,

Senior

Lien

Series

2018

5

.000

09/15/31

1,069,757

585,000

New

Hope

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Capital

Improvement

Revenue

Bonds,

CHF-Collegiate

Housing

Denton,

LLC

-

Texas

Woman's

University

Housing

Project,

Series

2018A-1

-

AGM

Insured

5

.000

07/01/38

600,123

750,000

(d)

New

Hope

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Student

Housing

Revenue

Bonds,

NCCD

-

College

Station

Properties

LLC

-

Texas

A&M

University

Project,  Series

2015A

5

.000

07/01/30

750,000

1,304,880

(d)

New

Hope

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Student

Housing

Revenue

Bonds,

NCCD

-

College

Station

Properties

LLC

-

Texas

A&M

University

Project,  Series

2015A

5

.000

07/01/33

1,304,880

1,270,000

Reagan

Hospital

District

of

Reagan

County,

Texas,

Limited

Tax

Revenue

Bonds,

Series

2014A

5

.000

02/01/29

1,269,917

165,000

(e)

Red

River

Health

Facilities

Development

Corporation,

Texas,

Retirement

Facility

Revenue

Bonds,

MRC

Crossings

Project,

Series

2014A,

(ETM)

6

.750

11/15/24

165,182

5,455,000

San

Antonio,

Texas,

Electric

and

Gas

System

Revenue

Bonds,

Refunding

Series

2017

5

.000

02/01/42

5,575,635

2,185,000

Tarrant

County

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Hospital

Revenue

Bonds,

Scott

&

White

Healthcare

Project,

Series

2022D

5

.500

11/15/47

2,409,829

3,850,000

Tarrant

County

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Retirement

Facility

Revenue

Bonds,

Buckner

Senior

Living

Ventana

Project,

Series

2017A

6

.625

11/15/37

4,019,712

6,000,000

Tarrant

County

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Revenue

Bonds,

Texas

Health

Resources

System,

Series

2016A

5

.000

02/15/47

6,070,931

2,250,000

Tarrant

County

Hospital

District,

Texas,

General

Obligation

Bonds,

Limited

Tax

Series

2023

5

.250

08/15/40

2,460,503

5,000,000

Texas

Department

of

Housing

and

Community

Affairs,

Single

Family

Mortgage

Revenue

Bonds,

Series

2022B

5

.250

09/01/52

5,175,377

5,735,000

Texas

Department

of

Housing

and

Community

Affairs,

Single

Family

Mortgage

Revenue

Bonds,

Series

2022B

6

.000

03/01/53

6,249,864

2,700,000

Texas

Private

Activity

Bond

Surface

Transpiration

Corporation,

Senior

Lien

Revenue

Bonds,

NTE

Mobility

Partners

Segments

3

LLC

Refunding

Series

2023,

(AMT)

5

.250

12/31/36

2,909,851

2,450,000

Texas

Private

Activity

Bond

Surface

Transportation

Corporation,

Senior

Lien

Revenue

Bonds,

LBJ

Infrastructure

Group

LLC

IH-635

Managed

Lanes

Project,

Refunding  Series

2020A

4

.000

12/31/32

2,492,665

500,000

Texas

Public

Finance

Authority,

Revenue

Bonds,

Texas

Southern

University

Financing

System

Series

2023

-

BAM

Insured

5

.250

05/01/38

545,844

2,000,000

Texas

State

Technical

College

System,

Financing

System

Revenue

Bonds,

Improvement

Series

2022A

-

AGM

Insured

6

.000

08/01/54

2,251,581

400,000

(b)

Town

of

Lakewood

Village,

Texas,

Lakewood

Village

Public

Improvement

District

Improvement

District

No.

1

Project

Special

Assessment

Revenue

Bonds

Series

2022

5

.250

09/15/42

389,817

1,240,000

Viridian

Municipal

Management

District,

Texas,

Revenue

Bonds,

Road

Improvement

Series

2023

-

AGM

Insured

5

.000

12/01/38

1,296,648

TOTAL

TEXAS

106,504,928

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

26

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UTAH

-

3.6%

$

265,000

(b)

Black

Desert

Public

Infrastructure

District,

Washington

County,

Utah,

Special

Assessment

Bonds,

Black

Desert

Assessment

Area

1,

Series

2024

5

.625

%

12/01/53

$

271,777

355,000

(b)

Firefly

Public

Infrastructure

District

1,

Utah,

Limited

Tax

General

Obligation

Bonds,

Series

2024A-1

5

.625

12/01/43

364,390

5,995,000

Herber

Light

and

Power

Company,

Utah,

Electric

Revenue

Bonds,

Series

2023

-

BAM

Insured

5

.000

12/15/47

6,295,149

4,000,000

Intermountain

Power

Agency,

Utah,

Power

Supply

Revenue

Bonds,

Series

2022A

5

.000

07/01/39

4,355,858

5,000,000

Intermountain

Power

Agency,

Utah,

Power

Supply

Revenue

Bonds,

Series

2022A

5

.000

07/01/40

5,424,344

5,925,000

Jordan

Valley

Water

Conservancy

District,

Utah,

Water

Revenue

Bonds,

Series

2024A

5

.000

10/01/54

6,258,197

1,275,000

(b)

Jordanelle

Ridge

Public

Infrastructure

District

2,

Utah,

General

Obligation

Bonds,

Limited

Tax

Series

2023A

7

.750

03/01/54

1,289,268

4,490,000

Lehi

Local

Building

Authority,

Utah,

Lease

Revenue

Bonds,

Series

2022

5

.250

06/15/47

4,759,966

4,060,000

Lehi

Local

Building

Authority,

Utah,

Lease

Revenue

Bonds,

Series

2022

5

.500

06/15/49

4,364,698

1,955,000

(b)

MIDA

Military

Installation

Development

Authority

Golf

and

Equestrian

Center

Public

Infrastructure

District,

Utah,

Limited

Tax

and

Tax

Allocation

Revenue

Bonds,

Series

2021

4

.500

06/01/51

1,536,098

1,375,000

Ogden

City

Municipal

Building

Authority,

Utah,

Lease

Revenue

Bonds,

Series

2023A

5

.000

01/15/48

1,463,737

1,715,000

Salt

Lake

City,

Utah,

Airport

Revenue

Bonds,

International

Airport

Series

2023A,

(AMT)

5

.250

07/01/43

1,846,636

5,000,000

University

of

Utah,

General

Revenue

Bonds,

Green

Series

2022B

5

.000

08/01/41

5,470,077

145,000

Utah

Charter

School

Finance

Authority,

Charter

School

Revenue

Bonds,

Bridge

Elementary

Project,

Series

2021A

4

.000

06/15/41

117,389

350,000

Utah

Infrastructure

Agency,

Telecommunications

Revenue

Bonds,

Series

2021

4

.000

10/15/28

352,567

480,000

Utah

Infrastructure

Agency,

Telecommunications

Revenue

Bonds,

Series

2021

4

.000

10/15/30

481,381

500,000

Utah

Infrastructure

Agency,

Telecommunications

Revenue

Bonds,

Series

2021

4

.000

10/15/32

495,626

1,190,000

Utah

Telecommunication

Open

Infrastructure

Agency,

Utah,

Revenue

Bonds,

Refunding

Sales

Tax

and

Telecommunication

Series

2022

5

.500

06/01/40

1,328,680

1,000,000

(b)

Ventana

Resort

Village

Public

Infrastructure

District,

Utah,

General

Obligation

Bonds,

Limited

Tax

Series

2024

5

.500

03/01/54

980,324

8,820,000

Wasatch

County

School

District

Local

Building

Authority,

Utah,

Lease

Revenue

Bonds,

Board

of

Education

Series

2022

5

.500

06/01/47

9,567,533

TOTAL

UTAH

57,023,695

VERMONT

-

0.8%

12,000,000

University

of

Vermont

and

State

Agricultural

College,

General

Obligation

Bonds,

Series

2015

5

.000

10/01/40

12,139,630

1,270,000

Vermont

Educational

and

Health

Buildings

Financing

Agency,

Revenue

Bonds,

University

of

Vermont

Medical

Center

Project,

Green

Series

2016B

5

.000

12/01/37

1,288,538

TOTAL

VERMONT

13,428,168

VIRGINIA

-

2.1%

8,350,000

Chesapeake

Bay

Bridge

and

Tunnel

District,

Virginia,

General

Resolution

Revenue

Bonds,

First

Tier

Series

2016

5

.000

07/01/46

8,391,677

1,400,000

Fredericksburg

Economic

Development

Authority,

Virginia,

Revenue

Bonds,Mary

Washington

Healthcare

Obligated

Group,

Refunding

Series

2014

5

.000

06/15/33

1,400,454

3,000,000

Front

Royal

and

Warren

County

Industrial

Development

Authority,

Virginia,

Hospital

Revenue

Bonds,

Valley

Health

System

Obligated

Group,

Series

2018

4

.000

01/01/50

2,814,806

415,000

James

City

County

Economic

Development

Authority,

Virginia,

Residential

Care

Facility

Revenue

Bonds,

Williamsburg

Landing

Inc.,

Series

2024A

6

.750

12/01/53

457,496

27

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

VIRGINIA

(continued)

$

350,000

James

City

County

Economic

Development

Authority,

Virginia,

Residential

Care

Facility

Revenue

Bonds,

Williamsburg

Landing

Inc.,

Series

2024A

6

.875

%

12/01/58

$

386,932

5,000,000

Norfolk

Economic

Development

Authority,

Virginia,

Hospital

Facility

Revenue

Bonds,

Sentara

Healthcare

Systems,

Refunding

Series

2018B

4

.000

11/01/48

4,746,515

2,200,000

Virginia

Beach

Development

Authority,

Virginia,

Residential

Care

Facility

Revenue

Bonds,

Westminster

Canterbury

on

Chesapeake

Bay,

Series

2023A

6

.500

09/01/43

2,497,475

5,875,000

Virginia

College

Building

Authority,

Educational

Facilities

Revenue

Bonds,

21st

Century

College

&

Equipment

Programs,

Series

2024A

4

.000

02/01/40

5,927,640

1,750,000

Virginia

Small

Business

Financing

Authority,

Private

Activity

Revenue

Bonds,

Transform

66

P3

Project,

Senior

Lien

Series

2017,

(AMT)

5

.000

12/31/47

1,777,338

500,000

Virginia

Small

Business

Financing

Authority,

Revenue

Bonds,

95

Express

Lanes

LLC

Project,

Refunding

Senior

Lien

Series

2022,

(AMT)

5

.000

01/01/38

524,742

300,000

Virginia

Small

Business

Financing

Authority,

Revenue

Bonds,

95

Express

Lanes

LLC

Project,

Refunding

Senior

Lien

Series

2022,

(AMT)

5

.000

06/30/38

319,276

1,365,000

Virginia

Small

Business

Financing

Authority,

Revenue

Bonds,

Elizabeth

River

Crossing

OPCO,

LLC

Project,

Refunding

Senior

Lien

Series

2022,

(AMT)

4

.000

01/01/31

1,370,206

1,300,000

Virginia

Small

Business

Financing

Authority,

Revenue

Bonds,

Elizabeth

River

Crossing

OPCO,

LLC

Project,

Refunding

Senior

Lien

Series

2022,

(AMT)

4

.000

01/01/32

1,301,112

650,000

Williamsburg

Economic

Development

Authority,

Virginia,

Student

Housing

Revenue

Bonds,

Provident

Group

-

Williamsburg

Properties

LLC

-

William

and

Mary

Project

Series

2023A

-

AGM

Insured

5

.250

07/01/53

700,581

TOTAL

VIRGINIA

32,616,250

WASHINGTON

-

2.9%

2,500,000

Grant

County

Public

Hospital

District

2,

Washington,

General

Obligation

Bonds,

Quincy

Valley

Medical

Center,

Series

2023

5

.000

12/01/38

2,562,156

5,000,000

Jefferson

County

Public

Hospital

District

2,

Washington,

Hospital

Revenue

Bonds,

Refunding

Series

2023A

6

.875

12/01/53

5,123,277

1,930,000

King

County

Public

Hospital

District

2,

Washington,

General

Obligation

Bonds,

EvergreenHealth,

Limited

Tax

Series

2024

5

.000

12/01/42

2,064,217

2,765,000

King

County

Public

Hospital

District

2,

Washington,

General

Obligation

Bonds,

EvergreenHealth,

Limited

Tax

Series

2024

5

.250

12/01/45

2,993,331

10,270,000

King

County,

Washington,

Sewer

Revenue

Bonds,

Refunding

Series

2016A

4

.000

07/01/40

10,115,176

4,000,000

Kitsap

County

School

District

100C

Bremerton,

Washington,

General

Obligation

Bonds,

Series

2024

5

.250

12/01/47

4,408,248

700,000

Skagit

County

Public

Hospital

District

1,

Washington,

Revenue

Bonds,

Skagit

Regional

Health,

Series

2024

5

.500

12/01/41

755,689

3,855,000

Washington

Health

Care

Facilities

Authority,

Revenue

Bonds,

Central

Washington

Health

Services

Association,

Refunding

Series

2015

5

.000

07/01/39

3,864,641

9,885,000

Washington

Health

Care

Facilities

Authority,

Revenue

Bonds,

Seattle

Children's

Hospital,

Series

2015B

5

.000

10/01/38

9,922,096

675,000

Washington

Health

Care

Facilities

Authority,

Revenue

Bonds,

Virginia

Mason

Medical

Center,

Series

2017

5

.000

08/15/25

679,424

700,000

Washington

Health

Care

Facilities

Authority,

Revenue

Bonds,

Virginia

Mason

Medical

Center,

Series

2017

4

.000

08/15/42

650,826

2,550,000

(b),(e)

Washington

State

Housing

Finance

Commission,

Non-Profit

Housing

Revenue

Bonds,

Herons

Key

Senior

Living,

Series

2015A,

(Pre-refunded

7/01/25)

7

.000

07/01/50

2,601,547

TOTAL

WASHINGTON

45,740,628

Portfolio

of

Investments

October

31,

2024

(continued)

Municipal

Total

Return

Managed

Accounts

Portfolio

28

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

WEST

VIRGINIA

-

0.2%

$

3,250,000

West

Virginia

Hospital

Finance

Authority,

Hospital

Revenue

Bonds,

Cabell

Huntington

Hospital,

Inc.

Project,

Refunding

&

Improvement

Series

2018A

5

.000

%

01/01/43

$

3,276,007

TOTAL

WEST

VIRGINIA

3,276,007

WISCONSIN

-

1.4%

1,750,000

Public

Finance

Authority

of

Wisconsin,

Charter

School

Revenue

Bonds,

Mountain

Island

Charter

School,

North

Carolina,

Series

2017B

5

.000

07/01/47

1,719,743

1,000,000

Public

Finance

Authority

of

Wisconsin,

Project

Revenue

Bonds,

CFP3

-

Eastern

Michigan

University

Student

Housing

Project,

Series

2022A-1

-

BAM

Insured

5

.250

07/01/36

1,103,643

1,775,000

(b)

Public

Finance

Authority,

Wisconsin,

Educational

Revenue

Bonds,

Lake

Norman

Charter

School,

Series

2018A

5

.000

06/15/38

1,789,622

1,100,000

Public

Finance

Authority,

Wisconsin,

Educational

Revenue

Bonds,

Lake

Norman

Charter

School,

Series

2024A

5

.000

06/15/64

1,109,253

7,315,000

(b)

Public

Finance

Authority,

Wisconsin,

Tax

Increment

Revenue

Senior

Bonds,

World

Center

Project

Series

2024A

5

.000

06/01/41

7,506,167

1,875,000

Wisconsin

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Bellin

Memorial

Hospital

Incorporated

Series

2022A

5

.500

12/01/52

2,037,469

1,935,000

Wisconsin

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Bellin

Memorial

Hospital

Incorporated

Series

2022B

5

.250

12/01/48

2,065,537

1,500,000

Wisconsin

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Marshfield

Clinic

Health

System,

Inc.,

Series

2017C

5

.000

02/15/47

1,490,046

2,410,000

Wisconsin

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Marshfield

Clinic,

Series

2016B

5

.000

02/15/34

2,430,366

1,415,000

Wisconsin

Health

and

Educational

Facilities

Authority,

Wisconsin,

Revenue

Bonds,

Three

Pillars

Senior

Living

Communities,

Series

2024A

5

.250

08/15/39

1,529,613

TOTAL

WISCONSIN

22,781,459

WYOMING

-

0.2%

3,195,000

University

of

Wyoming,

Facilities

Revenue

Bonds,

Series

2021C

-

AGM

Insured

4

.000

06/01/51

3,073,346

TOTAL

WYOMING

3,073,346

TOTAL

MUNICIPAL

BONDS

(Cost

$1,518,962,219)

1,528,218,920

TOTAL

LONG-TERM

INVESTMENTS

(Cost

$1,518,962,219)

1,528,218,920

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM

INVESTMENTS

-

 0.7%  

11315000

MUNICIPAL

BONDS

-

0

.7

%

11315000

COLORADO

-

0.1%

1,325,000

(f)

Colorado

Springs,

Colorado,

Utilities

System

Revenue

Bonds,

Variable

Rate

Demand

Subordinate

Lien

Improvement

Series

2006B

3

.050

11/01/36

1,325,000

TOTAL

COLORADO

1,325,000

INDIANA

-

0.3%

5,000,000

(f)

Purdue

University,

Indiana,

University

Revenue

Bonds,

Student

Facility

System

Series

2004A

3

.200

07/01/33

5,000,000

TOTAL

INDIANA

5,000,000

NEW

YORK

-

0.1%

1,325,000

(f)

Battery

Park

City

Authority,

New

York,

Revenue

Bonds,

Adjustable

Rate

Junior

Series

2019D-2

4

.000

11/01/38

1,325,000

TOTAL

NEW

YORK

1,325,000

29

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

WASHINGTON

-

0.2%

$

3,665,000

(f)

King

County,

Washington,

General

Obligation

Bonds,

Payable

from

Sewer

Revenues,

Refunding

Multi-Modal

Limited

Tax

Series

2019A

3

.950

%

01/01/46

$

3,665,000

TOTAL

WASHINGTON

3,665,000

TOTAL

MUNICIPAL

BONDS

(Cost

$11,315,000)

11,315,000

TOTAL

SHORT-TERM

INVESTMENTS

(Cost

$11,315,000)

11,315,000

TOTAL

INVESTMENTS

-

97

.2

%

(Cost

$

1,530,277,219

)

1,539,533,920

OTHER

ASSETS

&

LIABILITIES,

NET

-  2.8%

43,683,164

NET

ASSETS

-

100%

$

1,583,217,084

Municipal

Total

Return

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Municipal

Bonds

$

–

$

1,528,218,920

$

–

$

1,528,218,920

Short-Term

Investments:

Municipal

Bonds

–

11,315,000

–

11,315,000

Total

$

–

$

1,539,533,920

$

–

$

1,539,533,920

(a)

When-issued

or

delayed

delivery

security.

(b)

Security

is

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

As

of

the

end

of

the

reporting

period,

the

aggregate

value

of

these

securities

is

$119,686,009

or

7.8%

of

Total

Investments.

(c)

Step-up

coupon

bond,

a

bond

with

a

coupon

that

increases

("steps

up"),

usually

at

regular

intervals,

while

the

bond

is

outstanding.

The

rate

shown

is

the

coupon

as

of

the

end

of

the

reporting

period.

(d)

Defaulted

security.

A

security

whose

issuer

has

failed

to

fully

pay

principal

and/or

interest

when

due,

or

is

under

the

protection

of

bankruptcy.

(e)

Backed

by

an

escrow

or

trust

containing

sufficient

U.S.

Government

or

U.S.

Government

agency

securities,

which

ensure

the

timely

payment

of

principal

and

interest.

(f)

Investment

has

a

maturity

of

greater

than

one

year,

but

has

variable

rate

and/or

demand

features

which

qualify

it

as

a

short-term

investment.

The

rate

disclosed,

as

well

as

the

reference

rate

and

spread,

where

applicable,

is

that

in

effect

as

of

the

end

of

the

reporting

period.

This

rate

changes

periodically

based

on

market

conditions

or

a

specified

market

index.

AMT

Alternative

Minimum

Tax

ETM

Escrowed

to

maturity

30

Portfolio

of

Investments

October

31,

2024

Nuveen

Core

Impact

Bond

Managed

Accounts

Portfolio

(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM

INVESTMENTS

-

105.7%

294044

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

-

3

.3

%

294044

BANKS

-

2.2%

$

200,000

(a)

African

Development

Bank

5

.750

%

N/A

$

193,199

TOTAL

BANKS

193,199

UTILITIES

-

1.1%

100,000

(a),(b)

Vistra

Corp

7

.000

N/A

100,845

TOTAL

UTILITIES

100,845

TOTAL

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

(Cost

$282,005)

294,044

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ASSET-BACKED

SECURITIES

-

7.3%

–

69,552

(b)

GoodLeap

Sustainable

Home

Solutions

Trust

2021-3,

2021

3CS

2

.100

05/20/48

54,864

120,535

(b)

GoodLeap

Sustainable

Home

Solutions

Trust

2021-4,

2021

4GS

2

.360

07/20/48

89,471

130,000

(b)

Loanpal

Solar

Loan

2021-2

Ltd,

2021

2GS

2

.220

03/20/48

100,487

109,749

(b)

Mosaic

Solar

Loan

Trust

2020-2,

2020

2A

1

.440

08/20/46

91,785

128,734

(b)

Mosaic

Solar

Loan

Trust

2021-3,

2021

3A

1

.920

06/20/52

94,783

36,652

(b)

Vivint

Solar

Financing

V

LLC,

2018

1A

7

.370

04/30/48

33,774

205,567

(b)

Vivint

Solar

Financing

VII

LLC,

2020

1A

2

.210

07/31/51

179,634

TOTAL

ASSET-BACKED

SECURITIES

(Cost

$798,009)

644,798

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

4375825

CORPORATE

BONDS

-

49

.5

%

4375825

AUTOMOBILES

&

COMPONENTS

-

1.0%

100,000

Ford

Motor

Co

3

.250

02/12/32

83,664

TOTAL

AUTOMOBILES

&

COMPONENTS

83,664

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1.8%

250,000

Rockefeller

Foundation/The

2

.492

10/01/50

157,085

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

157,085

CONSUMER

SERVICES

-

2.9%

100,000

Massachusetts

Higher

Education

Assistance

Corp

2

.673

07/01/31

84,635

200,000

Starbucks

Corp

4

.450

08/15/49

169,071

TOTAL

CONSUMER

SERVICES

253,706

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

1.8%

225,000

(b)

Alimentation

Couche-Tard

Inc

3

.625

05/13/51

159,801

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

159,801

FINANCIAL

SERVICES

-

14.7%

300,000

European

Investment

Bank

3

.750

02/14/33

289,041

200,000

(b)

HA

Sustainable

Infrastructure

Capital

Inc

6

.375

07/01/34

199,087

125,000

(b)

HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC

3

.750

09/15/30

109,382

100,000

Kreditanstalt

fuer

Wiederaufbau

4

.375

02/28/34

100,221

45,000

Low

Income

Investment

Fund

3

.386

07/01/26

43,497

50,000

NHP

Foundation/The

6

.000

12/01/33

53,218

250,000

(b)

WLB

Asset

II

B

Pte

Ltd

3

.950

12/10/24

244,964

250,000

(b)

WLB

Asset

VI

Pte

Ltd

7

.250

12/21/27

262,250

TOTAL

FINANCIAL

SERVICES

1,301,660

FOOD,

BEVERAGE

&

TOBACCO

-

1.9%

250,000

PepsiCo

Inc

2

.875

10/15/49

169,084

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

169,084

MATERIALS

-

3.9%

350,000

Air

Products

and

Chemicals

Inc

4

.800

03/03/33

348,978

TOTAL

MATERIALS

348,978

TELECOMMUNICATION

SERVICES

-

2.0%

250,000

Verizon

Communications

Inc

2

.850

09/03/41

177,889

TOTAL

TELECOMMUNICATION

SERVICES

177,889

31

PRINCIPAL  

DESCRIPTION

RATE

MATURITY

VALUE

UTILITIES

-

19.5%

$

200,000

Duke

Energy

Progress

LLC

4

.000

%

04/01/52

$

159,162

250,000

MidAmerican

Energy

Co

3

.150

04/15/50

175,180

250,000

PG&E

Recovery

Funding

LLC

5

.231

06/01/42

253,901

100,000

Public

Service

Co

of

Oklahoma

2

.200

08/15/31

83,501

100,000

Public

Service

Electric

and

Gas

Co

5

.125

03/15/53

96,814

150,000

(b)

RWE

Finance

US

LLC

5

.875

04/16/34

152,516

200,000

Southern

California

Edison

Co

3

.650

06/01/51

146,645

200,000

Southwestern

Electric

Power

Co

3

.250

11/01/51

133,000

150,000

Southwestern

Public

Service

Co

3

.150

05/01/50

99,982

188,782

(b)

Sweihan

PV

Power

Co

PJSC2022

1

3

.625

01/31/49

158,953

116,827

(b)

Topaz

Solar

Farms

LLC

5

.750

09/30/39

116,383

166,302

(b)

UEP

Penonome

II

SA2020

1

6

.500

10/01/38

147,921

TOTAL

UTILITIES

1,723,958

TOTAL

CORPORATE

BONDS

(Cost

$4,994,892)

4,375,825

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

632229

EMERGING

MARKET

DEBT

AND

FOREIGN

CORPORATE

BONDS

-

7

.1

%

632229

CANADA

-

2.6%

250,000

(b)

OMERS

Finance

Trust

3

.500

04/19/32

231,024

TOTAL

CANADA

231,024

NETHERLANDS

-

2.2%

200,000

(b)

Nederlandse

Waterschapsbank

NV

4

.000

06/01/28

198,144

TOTAL

NETHERLANDS

198,144

SWEDEN

-

2.3%

200,000

(b)

Kommuninvest

I

Sverige

AB

4

.625

09/29/28

203,061

TOTAL

SWEDEN

203,061

TOTAL

EMERGING

MARKET

DEBT

AND

FOREIGN

CORPORATE

BONDS

(Cost

$632,533)

632,229

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

-

16.2%

–

1,125

Banc

of

America

Mortgage

2004-K

Trust,

2004

K

5

.221

12/25/34

1,108

125,000

(b),(c)

BFLD

Trust

2020-EYP,

(TSFR1M

+

2.214%),

2020

EYP

7

.018

10/15/35

12,035

200,000

(b)

Century

Plaza

Towers

2019-CPT,

2019

CPT

2

.997

11/13/39

157,908

44,841

Fannie

Mae

Pool,

FN

MA4732

4

.000

09/01/52

41,468

34,638

Fannie

Mae

Pool,

FN

MA4733

4

.500

09/01/52

32,920

888

Fannie

Mae

Pool,

FN

MA4805,

2022

1

4

.500

11/01/52

844

837

Fannie

Mae

Pool,

FN

MA4761

5

.000

09/01/52

814

8,510

Fannie

Mae

Pool,

FN

MA4579

3

.000

04/01/52

7,343

1,649

Fannie

Mae

Pool,

FN

FS1535

3

.000

04/01/52

1,429

9,024

Fannie

Mae

Pool,

FN

FS0522

2

.500

02/01/52

7,571

3,791

Fannie

Mae

Pool,

FN

CA6414

3

.000

07/01/50

3,327

2,326

Fannie

Mae

Pool,

FN

BT0267

3

.000

09/01/51

2,034

20,899

Fannie

Mae

Pool,

FN

MA4785

5

.000

10/01/52

20,344

5,765

Fannie

Mae

Pool,

FN

MA4709

5

.000

07/01/52

5,609

2,291

Fannie

Mae

Pool,

FN

BU8837

5

.000

05/01/52

2,234

6,242

Freddie

Mac

Gold

Pool,

FG

G08760

3

.000

04/01/47

5,491

130,112

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates,

2020

Q014

1

.555

01/25/36

104,910

3,936

Freddie

Mac

Pool,

FR

QD1349

3

.500

11/01/51

3,570

4,396

Freddie

Mac

Pool,

FR

SD8220

3

.000

06/01/52

3,791

911

Freddie

Mac

Pool,

FR

SD2609

3

.500

12/01/52

815

52,216

Ginnie

Mae

II

Pool,

G2

MA8201

4

.500

08/20/52

49,935

49,868

Ginnie

Mae

II

Pool,

G2

MA8149

3

.500

07/20/52

45,077

2,507

Ginnie

Mae

II

Pool,

G2

BX3681

3

.000

08/20/50

2,193

5,130

Ginnie

Mae

II

Pool,

G2

BX3680

3

.000

08/20/50

4,487

4,232

Ginnie

Mae

II

Pool,

G2

BX3679

3

.000

08/20/50

3,702

1,667

Ginnie

Mae

II

Pool,

G2

BY0340

3

.500

08/20/50

1,514

2,588

Ginnie

Mae

II

Pool,

G2

BY0338

3

.500

08/20/50

2,356

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

Core

Impact

Bond

Managed

Accounts

Portfolio

32

PRINCIPAL  

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

(continued)

$

905

Ginnie

Mae

II

Pool,

G2

BY0331

3

.000

%

10/20/50

$

794

28,103

Ginnie

Mae

II

Pool,

G2

MA7589,

2021

A

2

.500

09/20/51

23,824

4,507

Ginnie

Mae

II

Pool,

G2

MA8646

4

.500

02/20/53

4,307

22,463

Ginnie

Mae

II

Pool,

G2

MA8489

4

.500

12/20/52

21,470

2,482

Ginnie

Mae

II

Pool,

G2

BY0339

3

.500

08/20/50

2,267

18,136

Ginnie

Mae

II

Pool,

G2

BY0325

2

.500

10/20/50

15,214

4,224

Ginnie

Mae

II

Pool,

G2

MA8648

5

.500

02/20/53

4,212

27,137

Ginnie

Mae

II

Pool,

G2

MA9101

3

.000

08/20/53

23,812

8,895

Ginnie

Mae

II

Pool,

G2

MA8647

5

.000

02/20/53

8,709

48,262

Ginnie

Mae

II

Pool,

G2

MA8267,

2022

A

4

.000

09/20/52

44,971

518

Ginnie

Mae

II

Pool,

G2

BY0330

3

.000

10/20/50

453

25,513

Ginnie

Mae

II

Pool,

G2

MA8269

5

.000

09/20/52

24,966

235,000

(b)

Hudson

Yards

2019-30HY

Mortgage

Trust,

2019

30HY

3

.228

07/10/39

215,341

212,214

(b),(c)

Natixis

Commercial

Mortgage

Securities

Trust

2019-MILE,

(TSFR1M

+

1.579%),

2019

MILE

5

.915

07/15/36

192,033

150,000

(b)

One

Market

Plaza

Trust

2017-1MKT,

2017

1MKT

3

.845

02/10/32

133,877

200,000

(b)

VNDO

Trust

2016-350P,

2016

350P

3

.903

01/10/35

191,666

TOTAL

MORTGAGE-BACKED

SECURITIES

(Cost

$1,731,553)

1,432,745

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

1371049

MUNICIPAL

BONDS

-

15

.5

%

1371049

ALASKA

-

1.8%

150,000

Port

Lions,

Alaska,

Revenue

Bonds,

Kodiak

Area

Native

Association

Project,

Taxable

Series

2022

7

.500

10/01/52

159,721

TOTAL

ALASKA

159,721

CALIFORNIA

-

4.5%

250,000

San

Francisco

City

and

County,

California,

Community

Facilities

District

No

2014-1

4

.655

10/01/27

251,653

200,000

San

Francisco

City

and

County,

California,

Taxable

Affordable

Housing,

Series

2021A

2

.684

06/15/40

146,356

TOTAL

CALIFORNIA

398,009

ILLINOIS

-

0.5%

50,000

Village

of

Deerfield,

Illinois,

General

Obligation

Bonds,

Series

2011

4

.000

12/01/28

49,322

TOTAL

ILLINOIS

49,322

MASSACHUSETTS

-

1.8%

170,000

Massachusetts

Clean

Energy

Cooperative

Corp

2

.020

07/01/28

156,064

TOTAL

MASSACHUSETTS

156,064

OHIO

-

1.2%

100,000

American

Municipal

Power

Inc.,

Ohio,

Meldahl

Hydroelectric

Projects

Revenue

Bonds,

Build

America

Bond

Series

2010E

6

.270

02/15/50

107,321

TOTAL

OHIO

107,321

WISCONSIN

-

5.7%

500,000

(d)

Public

Finance

Authority

5

.292

07/01/29

500,612

TOTAL

WISCONSIN

500,612

TOTAL

MUNICIPAL

BONDS

(Cost

$1,358,124)

1,371,049

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

152,326

SOVEREIGN

DEBT

-

1

.7

%

152,326

DOMINICAN

REPUBLIC

-

1.7%

150,000

(b)

Dominican

Republic

International

Bond

6

.600

06/01/36

152,326

TOTAL

DOMINICAN

REPUBLIC

152,326

TOTAL

SOVEREIGN

DEBT

(Cost

$148,815)

152,326

33

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

447449

U.S.

GOVERNMENT

AND

AGENCY

OBLIGATIONS

-

5

.1

%

447449

$

200,000

United

States

Treasury

Note/Bond

4

.625

%

05/15/54

$

204,656

250,000

United

States

Treasury

Note/Bond

3

.500

09/30/29

242,793

TOTAL

U.S.

GOVERNMENT

AND

AGENCY

OBLIGATIONS

(Cost

$455,809)

447,449

TOTAL

LONG-TERM

INVESTMENTS

(Cost

$10,401,740)

9,350,465

OTHER

ASSETS

&

LIABILITIES,

NET

-  (5.7)%

(

503,210

)

NET

ASSETS

-

100%

$

8,847,255

Core

Impact

Bond

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

$1,000

Par

(or

similar)

Institutional

Preferred

$

–

$

294,044

$

–

$

294,044

Asset-Backed

Securities

–

644,798

–

644,798

Corporate

Bonds

–

4,375,825

–

4,375,825

Emerging

Market

Debt

and

Foreign

Corporate

Bonds

–

632,229

–

632,229

Mortgage-Backed

Securities

–

1,432,745

–

1,432,745

Municipal

Bonds

–

1,371,049

–

1,371,049

Sovereign

Debt

–

152,326

–

152,326

U.S.

Government

and

Agency

Obligations

–

447,449

–

447,449

Total

$

–

$

9,350,465

$

–

$

9,350,465

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)

Perpetual

security.

Maturity

date

is

not

applicable.

(b)

Security

is

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

As

of

the

end

of

the

reporting

period,

the

aggregate

value

of

these

securities

is

$3,984,315

or

42.6%

of

Total

Investments.

(c)

Variable

rate

security.

The

rate

shown

is

the

coupon

as

of

the

end

of

the

reporting

period.

(d)

When-issued

or

delayed

delivery

security.

TSFR

1M

CME

Term

Secured

Overnight

Financing

Rate

1

Month

34

Portfolio

of

Investments

October

31,

2024

Nuveen

Emerging

Markets

Debt

Managed

Accounts

Portfolio

Principal

Amount

(000)

Description

Coupon

Maturity

Value

LONG-TERM

INVESTMENTS

-

97.1%   

X

181,945

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

-

0.7%

X

181,945

MEXICO

-

0

.7

%

$

200

(a)

Banco

Nacional

de

Comercio

Exterior

SNC/Cayman

Islands

2.720%

8/11/31

$

181,945

TOTAL

MEXICO

181,945

TOTAL

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

(cost

$174,780)

181,945

Principal

Amount

(000)

Description

(b)

Coupon

Maturity

Value

X

1,036,691

CONTINGENT

CAPITAL

SECURITIES

-

3.7%

X

1,036,691

CHILE

-

2

.2

%

$

200

(a)

Banco

de

Credito

e

Inversiones

SA

8.750%

N/A

(c)

$

211,298

200

(a)

Banco

de

Credito

e

Inversiones

SA

7.500%

N/A

(c)

199,800

200

(a)

Banco

del

Estado

de

Chile

7.950%

N/A

(c)

210,526

TOTAL

CHILE

621,624

MEXICO

-

0

.8

%

200

(a)

BBVA

Bancomer

SA/Texas

8.450%

6/29/38

210,347

TOTAL

MEXICO

210,347

TURKEY

-

0

.7

%

200

(a)

Ulker

Biskuvi

Sanayi

AS

7.875%

7/08/31

204,720

TOTAL

TURKEY

204,720

TOTAL

CONTINGENT

CAPITAL

SECURITIES

(cost

$1,000,000)

1,036,691

Principal

Amount

(000)

Description

Coupon

Maturity

Value

X

11,929,164

CORPORATE

BONDS

-

42.5%

X

11,929,164

AUSTRALIA

-

0

.7

%

$

200

AngloGold

Ashanti

Holdings

PLC

3.375%

11/01/28

$

184,418

TOTAL

AUSTRALIA

184,418

BRAZIL

-

1

.8

%

80

(a)

Brazil

Minas

SPE

via

State

of

Minas

Gerais2013

1

5.333%

2/15/28

79,880

200

(a)

LD

Celulose

International

GmbH

7.950%

1/26/32

204,700

225

Petrobras

Global

Finance

BV

6.900%

3/19/49

221,822

TOTAL

BRAZIL

506,402

CHILE

-

4

.5

%

200

(a)

Antofagasta

PLC

5.625%

5/13/32

201,135

200

(a)

Banco

del

Estado

de

Chile

2.704%

1/09/25

198,920

200

(a)

Cia

Cervecerias

Unidas

SA

3.350%

1/19/32

172,730

200

(a)

Corp

Nacional

del

Cobre

de

Chile

3.000%

9/30/29

179,675

200

(a)

Corp

Nacional

del

Cobre

de

Chile

3.700%

1/30/50

139,778

200

(a)

Empresa

Nacional

del

Petroleo

6.150%

5/10/33

204,400

200

(a)

Inversiones

CMPC

SA

3.000%

4/06/31

171,874

TOTAL

CHILE

1,268,512

CHINA

-

1

.4

%

200

(a)

Lenovo

Group

Ltd

3.421%

11/02/30

181,338

225

(a)

Prosus

NV

4.193%

1/19/32

204,582

TOTAL

CHINA

385,920

35

Principal

Amount

(000)  

Description

Coupon

Maturity

Value

COLOMBIA

-

0

.6

%

$

160

Ecopetrol

SA

8.375%

1/19/36

$

156,377

TOTAL

COLOMBIA

156,377

DOMINICAN

REPUBLIC

-

0

.7

%

200

(a)

AES

Espana

BV

5.700%

5/04/28

190,190

TOTAL

DOMINICAN

REPUBLIC

190,190

INDIA

-

3

.6

%

225

(a)

Bharti

Airtel

Ltd

3.250%

6/03/31

201,179

250

(a)

Indian

Railway

Finance

Corp

Ltd

3.249%

2/13/30

228,730

200

REC

Ltd,

Reg

S

4.625%

3/22/28

195,768

200

(a)

Shriram

Finance

Ltd

6.150%

4/03/28

198,191

200

(a)

UltraTech

Cement

Ltd

2.800%

2/16/31

173,087

TOTAL

INDIA

996,955

INDONESIA

-

4

.3

%

200

(a)

Freeport

Indonesia

PT

4.763%

4/14/27

198,774

200

(a)

Indonesia

Asahan

Aluminium

PT

/

Mineral

Industri

Indonesia

Persero

PT

6.530%

11/15/28

209,353

200

(a)

Indonesia

Asahan

Aluminium

PT

/

Mineral

Industri

Indonesia

Persero

PT

5.450%

5/15/30

200,572

200

(a)

Pertamina

Persero

PT

3.650%

7/30/29

189,508

200

(a)

Pertamina

Persero

PT

6.500%

5/27/41

214,692

200

(a)

Perusahaan

Perseroan

Persero

PT

Perusahaan

Listrik

Negara

5.450%

5/21/28

202,941

TOTAL

INDONESIA

1,215,840

ISRAEL

-

2

.7

%

200

(a)

Bank

Hapoalim

BM,

Reg

S

3.255%

1/21/32

186,256

225

(a)

Energean

Israel

Finance

Ltd,

Reg

S

5.375%

3/30/28

202,511

200

(a)

Israel

Electric

Corp

Ltd,

Reg

S

3.750%

2/22/32

171,220

200

(a)

Mizrahi

Tefahot

Bank

Ltd,

Reg

S

3.077%

4/07/31

188,570

TOTAL

ISRAEL

748,557

JAMAICA

-

0

.7

%

200

(a)

Kingston

Airport

Revenue

Finance

Ltd

6.750%

12/15/36

203,849

TOTAL

JAMAICA

203,849

MALAYSIA

-

1

.3

%

200

(a)

Petronas

Capital

Ltd

4.800%

4/21/60

182,946

200

(a)

Petronas

Capital

Ltd

2.480%

1/28/32

169,506

TOTAL

MALAYSIA

352,452

MEXICO

-

5

.9

%

200

(a)

Alpek

SAB

de

CV

3.250%

2/25/31

173,689

200

(a)

Comision

Federal

de

Electricidad

4.688%

5/15/29

190,594

200

(a)

FIEMEX

Energia

-

Banco

Actinver

SA

Institucion

de

Banca

Multiple

7.250%

1/31/41

200,500

200

(a)

Grupo

Aeromexico

SAB

de

CV,

(WI/DD)

8.625%

11/15/31

199,450

200

Grupo

Televisa

SAB

6.625%

1/15/40

190,573

300

(a)

Mexico

City

Airport

Trust

5.500%

10/31/46

249,812

200

(a)

Orbia

Advance

Corp

SAB

de

CV

1.875%

5/11/26

188,790

100

Petroleos

Mexicanos

5.350%

2/12/28

93,139

200

(d)

Petroleos

Mexicanos

5.950%

1/28/31

172,333

TOTAL

MEXICO

1,658,880

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

Emerging

Markets

Debt

Managed

Accounts

Portfolio

36

Principal

Amount

(000)  

Description

Coupon

Maturity

Value

PERU

-

1

.9

%

$

200

(a)

Banco

BBVA

Peru

SA

6.200%

6/07/34

$

203,354

200

(a)

Niagara

Energy

SAC

5.746%

10/03/34

195,445

200

(a),(d)

Petroleos

del

Peru

SA

5.625%

6/19/47

130,846

TOTAL

PERU

529,645

PUERTO

RICO

-

0

.7

%

200

(a)

Sable

International

Finance

Ltd

7.125%

10/15/32

201,000

TOTAL

PUERTO

RICO

201,000

QATAR

-

1

.3

%

250

(a)

QatarEnergy

3.300%

7/12/51

177,390

200

QNB

Finance

Ltd,

Reg

S

2.750%

2/12/27

191,257

TOTAL

QATAR

368,647

SAUDI

ARABIA

-

0

.8

%

250

(a)

Saudi

Arabian

Oil

Co

2.250%

11/24/30

213,932

TOTAL

SAUDI

ARABIA

213,932

SOUTH

AFRICA

-

0

.6

%

200

Sasol

Financing

USA

LLC

5.500%

3/18/31

172,543

TOTAL

SOUTH

AFRICA

172,543

SUPRANATIONAL

-

1

.3

%

400

(a)

Banque

Ouest

Africaine

de

Developpement

4.700%

10/22/31

364,000

TOTAL

SUPRANATIONAL

364,000

THAILAND

-

1

.5

%

200

(a)

Bangkok

Bank

PCL/Hong

Kong

5.650%

7/05/34

205,406

250

(a)

PTTEP

Treasury

Center

Co

Ltd

2.993%

1/15/30

227,745

TOTAL

THAILAND

433,151

TURKEY

-

1

.4

%

200

(a)

Sisecam

UK

PLC

8.625%

5/02/32

203,800

200

(a)

Yapi

ve

Kredi

Bankasi

AS

7.125%

10/10/29

201,020

TOTAL

TURKEY

404,820

UNITED

ARAB

EMIRATES

-

3

.4

%

250

(a)

Abu

Dhabi

Crude

Oil

Pipeline

LLC

4.600%

11/02/47

224,927

200

(a)

DAE

Funding

LLC

3.375%

3/20/28

188,187

200

(a)

DP

World

Ltd/United

Arab

Emirates

5.625%

9/25/48

191,931

155

(a)

Galaxy

Pipeline

Assets

Bidco

Ltd

2.160%

3/31/34

134,207

240

(a)

MDGH

GMTN

RSC

Ltd

4.375%

11/22/33

228,001

TOTAL

UNITED

ARAB

EMIRATES

967,253

UNITED

KINGDOM

-

0

.7

%

200

(a)

Standard

Chartered

PLC

5.905%

5/14/35

205,034

TOTAL

UNITED

KINGDOM

205,034

UZBEKISTAN

-

0

.7

%

200

(a)

Navoi

Mining

&

Metallurgical

Combinat

6.700%

10/17/28

200,787

TOTAL

UZBEKISTAN

200,787

TOTAL

CORPORATE

BONDS

(cost

$11,464,837)

11,929,164

37

Principal

Amount

(000)

Description

Coupon

Maturity

Value

X

14,095,601

SOVEREIGN

DEBT

-

50.2%

X

14,095,601

ANGOLA

-

1.0%

$

300

(a)

Angolan

Government

International

Bond

8.750%

4/14/32

$

271,500

TOTAL

ANGOLA

271,500

BERMUDA

-

0.9%

300

(a)

Bermuda

Government

International

Bond

2.375%

8/20/30

257,400

TOTAL

BERMUDA

257,400

BRAZIL

-

0.7%

200

Brazilian

Government

International

Bond

7.125%

5/13/54

199,537

TOTAL

BRAZIL

199,537

CHILE

-

1.6%

550

Chile

Government

International

Bond

2.550%

7/27/33

454,588

TOTAL

CHILE

454,588

COLOMBIA

-

1.5%

200

Colombia

Government

International

Bond

8.000%

4/20/33

205,487

200

Colombia

Government

International

Bond

8.750%

11/14/53

203,114

TOTAL

COLOMBIA

408,601

COTE

D'IVOIRE

-

0.7%

200

(a)

Ivory

Coast

Government

International

Bond

8.250%

1/30/37

199,002

TOTAL

COTE

D'IVOIRE

199,002

DOMINICAN

REPUBLIC

-

1.6%

150

(a)

Dominican

Republic

International

Bond

7.050%

2/03/31

156,559

300

(a)

Dominican

Republic

International

Bond

5.500%

2/22/29

294,225

TOTAL

DOMINICAN

REPUBLIC

450,784

EGYPT

-

0.9%

250

(a)

Egypt

Government

International

Bond

7.600%

3/01/29

239,800

TOTAL

EGYPT

239,800

HUNGARY

-

2.2%

200

(a)

Hungary

Government

International

Bond

5.250%

6/16/29

198,104

200

(a)

Hungary

Government

International

Bond

6.250%

9/22/32

207,808

200

(a)

Magyar

Export-Import

Bank

Zrt

6.125%

12/04/27

203,694

TOTAL

HUNGARY

609,606

INDIA

-

0.7%

200

(a)

Export-Import

Bank

of

India

3.250%

1/15/30

183,568

TOTAL

INDIA

183,568

INDONESIA

-

2.4%

350

Indonesia

Government

International

Bond

3.500%

1/11/28

337,862

350

Indonesia

Government

International

Bond

4.650%

9/20/32

341,939

TOTAL

INDONESIA

679,801

ISRAEL

-

0.6%

200

Israel

Government

International

Bond

5.750%

3/12/54

182,801

TOTAL

ISRAEL

182,801

KAZAKHSTAN

-

0.7%

200

(a)

Development

Bank

of

Kazakhstan

JSC

5.500%

4/15/27

201,376

TOTAL

KAZAKHSTAN

201,376

KENYA

-

0.7%

225

(a)

Republic

of

Kenya

Government

International

Bond

8.000%

5/22/32

206,706

TOTAL

KENYA

206,706

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

Emerging

Markets

Debt

Managed

Accounts

Portfolio

38

Principal

Amount

(000)  

Description

Coupon

Maturity

Value

MEXICO

-

4.2%

$

250

Mexico

Government

International

Bond

4.280%

8/14/41

$

192,264

250

Mexico

Government

International

Bond

6.400%

5/07/54

234,364

200

Mexico

Government

International

Bond

6.338%

5/04/53

185,588

700

Mexico

Government

International

Bond

3.500%

2/12/34

568,530

TOTAL

MEXICO

1,180,746

NIGERIA

-

0.9%

300

(a)

Nigeria

Government

International

Bond

7.375%

9/28/33

253,491

TOTAL

NIGERIA

253,491

OMAN

-

0.7%

200

(a)

Oman

Government

International

Bond

6.500%

3/08/47

201,442

TOTAL

OMAN

201,442

PANAMA

-

2.5%

700

Panama

Government

International

Bond

2.252%

9/29/32

511,063

200

Panama

Government

International

Bond

6.853%

3/28/54

184,046

TOTAL

PANAMA

695,109

PERU

-

3.6%

250

(a)

Fondo

MIVIVIENDA

SA

4.625%

4/12/27

247,917

875

Peruvian

Government

International

Bond

2.783%

1/23/31

757,801

TOTAL

PERU

1,005,718

PHILIPPINES

-

2.0%

675

Philippine

Government

International

Bond

1.950%

1/06/32

556,664

TOTAL

PHILIPPINES

556,664

POLAND

-

3.2%

400

(a)

Bank

Gospodarstwa

Krajowego

5.375%

5/22/33

397,490

75

Republic

of

Poland

Government

International

Bond

5.500%

3/18/54

72,428

75

Republic

of

Poland

Government

International

Bond

5.125%

9/18/34

74,246

200

Republic

of

Poland

Government

International

Bond

5.500%

11/16/27

205,422

140

Republic

of

Poland

Government

International

Bond

5.500%

4/04/53

135,585

TOTAL

POLAND

885,171

QATAR

-

1.1%

310

(a)

Qatar

Government

International

Bond

5.103%

4/23/48

305,989

TOTAL

QATAR

305,989

REPUBLIC

OF

SERBIA

-

0.7%

250

(a)

Serbia

International

Bond

2.125%

12/01/30

206,483

TOTAL

REPUBLIC

OF

SERBIA

206,483

ROMANIA

-

3.2%

270

(a)

Romanian

Government

International

Bond

4.000%

2/14/51

181,556

200

(a)

Romanian

Government

International

Bond

7.125%

1/17/33

212,000

102

(a)

Romanian

Government

International

Bond

5.875%

1/30/29

102,588

250

(a)

Romanian

Government

International

Bond

6.375%

1/30/34

249,435

150

(a),(d)

Romanian

Government

International

Bond

5.750%

3/24/35

141,400

TOTAL

ROMANIA

886,979

SAUDI

ARABIA

-

4.1%

325

(a)

Saudi

Government

International

Bond

2.250%

2/02/33

263,801

250

(a)

Saudi

Government

International

Bond

4.500%

10/26/46

210,294

500

(a)

Saudi

Government

International

Bond

3.625%

3/04/28

483,245

200

(a)

Saudi

Government

International

Bond

5.750%

1/16/54

193,878

TOTAL

SAUDI

ARABIA

1,151,218

39

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.).

Principal

Amount

(000)  

Description

Coupon

Maturity

Value

SOUTH

AFRICA

-

2.4%

$

225

Republic

of

South

Africa

Government

International

Bond

5.375%

7/24/44

$

177,272

275

Republic

of

South

Africa

Government

International

Bond

5.875%

4/20/32

263,802

250

Republic

of

South

Africa

Government

International

Bond

4.300%

10/12/28

236,287

TOTAL

SOUTH

AFRICA

677,361

SOUTH

KOREA

-

0.8%

300

Export-Import

Bank

of

Korea

2.500%

6/29/41

215,043

TOTAL

SOUTH

KOREA

215,043

TURKEY

-

1.4%

200

Turkiye

Government

International

Bond

7.625%

5/15/34

206,125

200

Turkiye

Government

International

Bond

7.125%

7/17/32

200,204

TOTAL

TURKEY

406,329

UNITED

ARAB

EMIRATES

-

2.5%

425

(a)

Abu

Dhabi

Government

International

Bond

3.125%

5/03/26

416,138

425

(a)

Abu

Dhabi

Government

International

Bond

3.125%

9/30/49

296,525

TOTAL

UNITED

ARAB

EMIRATES

712,663

UZBEKISTAN

-

0.7%

250

(a)

Republic

of

Uzbekistan

International

Bond

3.700%

11/25/30

210,125

TOTAL

UZBEKISTAN

210,125

TOTAL

SOVEREIGN

DEBT

(cost

$13,695,701)

14,095,601

TOTAL

LONG-TERM

INVESTMENTS

(cost

$26,335,318)

27,243,401

Shares

Description

Coupon

Value

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

  1.3%

362,347

(e)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

4.860%(f)

$

362,347

TOTAL

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

(cost

$362,347)

362,347

TOTAL

INVESTMENTS

(cost

$

26,697,665

)

-

98

.4

%

27,605,748

OTHER

ASSETS

&

LIABILITIES,

NET

-  1.6%

462,523

NET

ASSETS

-

100%

$

28,068,271

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

Emerging

Markets

Debt

Managed

Accounts

Portfolio

40

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:

Emerging

Markets

Debt

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

$1,000

Par

(or

similar)

Institutional

Preferred

$

–

$

181,945

$

–

$

181,945

Contingent

Capital

Securities

–

1,036,691

–

1,036,691

Corporate

Bonds

–

11,929,164

–

11,929,164

Sovereign

Debt

–

14,095,601

–

14,095,601

Investments

Purchased

with

Collateral

from

Securities

Lending

362,347

–

–

362,347

Total

$

362,347

$

27,243,401

$

–

$

27,605,748

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)

Security

is

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

As

of

the

end

of

the

reporting

period,

the

aggregate

value

of

these

securities

is

$18,763,109

or

68.0%

of

Total

Investments.

(b)

Contingent

Capital

Securities

(“CoCos”)

are

hybrid

securities

with

loss

absorption

characteristics

built

into

the

terms

of

the

security

for

the

benefit

of

the

issuer.

For

example,

the

terms

may

specify

an

automatic

write-down

of

principal

or

a

mandatory

conversion

into

the

issuer’s

common

stock

under

certain

adverse

circumstances,

such

as

the

issuer’s

capital

ratio

falling

below

a

specified

level.

(c)

Perpetual

security.

Maturity

date

is

not

applicable.

(d)

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

$344,721.

(e)

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.

(f)

The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

Reg

S

Regulation

S

allows

U.S.

companies

to

sell

securities

to

persons

or

entities

located

outside

of

the

United

States

without

registering

those

securities

with

the

Securities

and

Exchange

Commission.

Specifically,

Regulation

S

provides

a

safe

harbor

from

the

registration

requirements

of

the

Securities

Act

for

the

offers

and

sales

of

securities

by

both

foreign

and

domestic

issuers

that

are

made

outside

the

United

States.

41

Portfolio

of

Investments

October

31,

2024

Nuveen

High

Yield

Managed

Accounts

Portfolio

(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM

INVESTMENTS

-

102.7%

66,930

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

-

0

.4

%

66,930

ENERGY

-

0.4%

$

65,000

(a)

South

Bow

Canadian

Infrastructure

Holdings

Ltd

7

.625

%

03/01/55

$

66,930

TOTAL

ENERGY

66,930

TOTAL

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

(Cost

$65,000)

66,930

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

18434372

CORPORATE

BONDS

-

101

.3

%

18434372

AUTOMOBILES

&

COMPONENTS

-

4.8%

115,000

(b)

Dana

Inc

4

.500

02/15/32

98,368

60,000

(a)

Dcli

Bidco

LLC

7

.750

11/15/29

61,014

125,000

(b)

Goodyear

Tire

&

Rubber

Co/The

5

.000

07/15/29

113,175

10,000

(a)

IHO

Verwaltungs

GmbH,

(cash

6.375%,

PIK

7.125%)

6

.375

05/15/29

9,667

200,000

(a)

IHO

Verwaltungs

GmbH

8

.000

11/15/32

200,654

105,000

(a)

Phinia

Inc

6

.750

04/15/29

107,185

135,000

(a)

Phinia

Inc

6

.625

10/15/32

134,556

150,000

(a)

ZF

North

America

Capital

Inc

6

.750

04/23/30

147,860

TOTAL

AUTOMOBILES

&

COMPONENTS

872,479

CAPITAL

GOODS

-

5.3%

200,000

(a)

Albion

Financing

2

Sarl

8

.750

04/15/27

204,927

100,000

(a)

Alta

Equipment

Group

Inc

9

.000

06/01/29

88,813

10,000

(a)

Brand

Industrial

Services

Inc

10

.375

08/01/30

10,602

65,000

(a)

Chart

Industries

Inc

7

.500

01/01/30

67,605

25,000

(a)

Gates

Corp/DE

6

.875

07/01/29

25,686

65,000

(a)

Herc

Holdings

Inc

6

.625

06/15/29

66,506

60,000

(a),(b)

Masterbrand

Inc

7

.000

07/15/32

61,460

35,000

(a)

Standard

Industries

Inc/NY

5

.000

02/15/27

34,275

80,000

(a)

TransDigm

Inc

6

.875

12/15/30

82,006

100,000

(a)

TransDigm

Inc

6

.375

03/01/29

101,504

100,000

(a)

Trinity

Industries

Inc

7

.750

07/15/28

103,392

120,000

(a)

WESCO

Distribution

Inc

6

.625

03/15/32

122,969

TOTAL

CAPITAL

GOODS

969,745

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1.9%

80,000

(a)

ASGN

Inc

4

.625

05/15/28

76,394

200,000

(a)

Boost

Newco

Borrower

LLC

7

.500

01/15/31

210,844

60,000

(a),(b)

Prime

Security

Services

Borrower

LLC

/

Prime

Finance

Inc

6

.250

01/15/28

59,936

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

347,174

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

-

7.3%

80,000

(a)

Academy

Ltd

6

.000

11/15/27

79,585

35,000

(a)

Asbury

Automotive

Group

Inc

4

.625

11/15/29

32,771

75,000

(a)

Bath

&

Body

Works

Inc

6

.625

10/01/30

75,097

200,000

(a)

Belron

UK

Finance

PLC

5

.750

10/15/29

200,402

300,000

(a)

Carvana

Co,

(cash

12.000%,

PIK

12.000%)

12

.000

12/01/28

317,532

25,000

(a)

Group

1

Automotive

Inc

6

.375

01/15/30

25,112

90,000

(b)

Kohl's

Corp

4

.625

05/01/31

74,638

50,000

(a)

LCM

Investments

Holdings

II

LLC

4

.875

05/01/29

47,247

100,000

(a)

Macy's

Retail

Holdings

LLC

5

.875

04/01/29

97,712

10,000

(a),(b)

Macy's

Retail

Holdings

LLC

6

.125

03/15/32

9,555

175,000

(a)

Michaels

Cos

Inc/The

5

.250

05/01/28

125,928

100,000

(a)

Michaels

Cos

Inc/The

7

.875

05/01/29

52,737

10,000

(a)

PetSmart

Inc

/

PetSmart

Finance

Corp

4

.750

02/15/28

9,506

100,000

(a)

Staples

Inc

10

.750

09/01/29

96,698

85,000

(a),(b)

Wayfair

LLC

7

.250

10/31/29

86,013

TOTAL

CONSUMER

DISCRETIONARY

DISTRIBUTION

&

RETAIL

1,330,533

CONSUMER

DURABLES

&

APPAREL

-

2.5%

100,000

(a)

CD&R

Smokey

Buyer

Inc

9

.500

10/15/29

101,292

60,000

Newell

Brands

Inc

4

.700

04/01/26

60,134

80,000

(b)

Newell

Brands

Inc

6

.625

09/15/29

81,115

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

High

Yield

Managed

Accounts

Portfolio

42

PRINCIPAL  

DESCRIPTION

RATE

MATURITY

VALUE

CONSUMER

DURABLES

&

APPAREL

(continued)

$

120,000

(a)

S&S

Holdings

LLC

8

.375

%

10/01/31

$

120,300

115,000

(a),(b)

Wolverine

World

Wide

Inc

4

.000

08/15/29

98,335

TOTAL

CONSUMER

DURABLES

&

APPAREL

461,176

CONSUMER

SERVICES

-

4.7%

75,000

(a)

Caesars

Entertainment

Inc

6

.000

10/15/32

73,157

80,000

(a),(b)

Churchill

Downs

Inc

5

.750

04/01/30

78,757

95,000

(a),(b)

Cinemark

USA

Inc

7

.000

08/01/32

97,379

115,000

(a),(b)

Fertitta

Entertainment

LLC

/

Fertitta

Entertainment

Finance

Co

Inc

4

.625

01/15/29

107,360

60,000

(a),(c)

Life

Time

Inc

6

.000

11/15/31

59,745

10,000

(a)

Merlin

Entertainments

Group

US

Holdings

Inc

7

.375

02/15/31

9,805

145,000

MGM

Resorts

International

6

.125

09/15/29

144,487

120,000

(b)

Service

Corp

International/US

5

.750

10/15/32

117,880

50,000

(a)

Six

Flags

Entertainment

Corp

/

Six

Flags

Theme

Parks

Inc

6

.625

05/01/32

50,943

110,000

(a)

Wynn

Resorts

Finance

LLC

/

Wynn

Resorts

Capital

Corp

6

.250

03/15/33

109,485

TOTAL

CONSUMER

SERVICES

848,998

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

-

1.2%

50,000

(a)

Albertsons

Cos

Inc

/

Safeway

Inc

/

New

Albertsons

LP

/

Albertsons

LLC

6

.500

02/15/28

51,165

140,000

(a)

Performance

Food

Group

Inc

6

.125

09/15/32

140,586

25,000

(b)

Walgreens

Boots

Alliance

Inc

8

.125

08/15/29

24,848

TOTAL

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

216,599

ENERGY

-

14.0%

65,000

(a)

Archrock

Partners

LP

/

Archrock

Partners

Finance

Corp

6

.250

04/01/28

65,120

100,000

(a)

Archrock

Partners

LP

/

Archrock

Partners

Finance

Corp

6

.625

09/01/32

100,452

115,000

(a)

Baytex

Energy

Corp

7

.375

03/15/32

111,645

15,000

(a)

Blue

Racer

Midstream

LLC

/

Blue

Racer

Finance

Corp

7

.000

07/15/29

15,388

9,634

(a)

Borr

IHC

Ltd

/

Borr

Finance

LLC

10

.000

11/15/28

9,852

10,000

(a)

Buckeye

Partners

LP

6

.875

07/01/29

10,164

55,000

(a)

Civitas

Resources

Inc

8

.375

07/01/28

56,841

135,000

(a)

Civitas

Resources

Inc

8

.750

07/01/31

141,394

15,000

(a)

Civitas

Resources

Inc

8

.625

11/01/30

15,759

135,000

(a)

CNX

Resources

Corp

7

.250

03/01/32

139,102

50,000

(a)

Coronado

Finance

Pty

Ltd

9

.250

10/01/29

51,152

10,000

(a)

Delek

Logistics

Partners

LP

/

Delek

Logistics

Finance

Corp

8

.625

03/15/29

10,260

35,000

Genesis

Energy

LP

/

Genesis

Energy

Finance

Corp

7

.875

05/15/32

34,976

150,000

(a)

Harvest

Midstream

I

LP

7

.500

05/15/32

153,581

165,000

(a)

Hilcorp

Energy

I

LP

/

Hilcorp

Finance

Co

5

.750

02/01/29

158,324

10,000

(a)

Hilcorp

Energy

I

LP

/

Hilcorp

Finance

Co

8

.375

11/01/33

10,455

65,000

(a),(b)

Kinetik

Holdings

LP

5

.875

06/15/30

64,500

100,000

(a)

Kinetik

Holdings

LP

6

.625

12/15/28

102,135

50,000

(a)

Kodiak

Gas

Services

LLC

7

.250

02/15/29

51,396

40,000

(a)

Matador

Resources

Co

6

.250

04/15/33

39,145

95,000

(a)

Noble

Finance

II

LLC

8

.000

04/15/30

96,296

110,000

(a)

Parkland

Corp

4

.500

10/01/29

102,189

100,000

(a)

PBF

Holding

Co

LLC

/

PBF

Finance

Corp

7

.875

09/15/30

99,829

80,000

(a)

SM

Energy

Co

6

.750

08/01/29

79,507

90,000

(a)

Sunoco

LP

7

.000

05/01/29

92,842

100,000

(a)

Talos

Production

Inc

9

.000

02/01/29

102,993

22,693

(a)

Transocean

Aquila

Ltd

8

.000

09/30/28

23,292

38,250

(a)

Transocean

Inc

8

.750

02/15/30

39,633

35,000

(a)

Transocean

Titan

Financing

Ltd

8

.375

02/01/28

36,011

150,000

(a)

USA

Compression

Partners

LP

/

USA

Compression

Finance

Corp

7

.125

03/15/29

152,774

100,000

USA

Compression

Partners

LP

/

USA

Compression

Finance

Corp

6

.875

09/01/27

100,476

90,000

(a)

Venture

Global

LNG

Inc

8

.125

06/01/28

93,401

180,000

(a)

Venture

Global

LNG

Inc

7

.000

01/15/30

181,111

TOTAL

ENERGY

2,541,995

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

0.6%

85,000

(a)

Uniti

Group

LP

/

Uniti

Group

Finance

2019

Inc

/

CSL

Capital

LLC

10

.500

02/15/28

90,540

25,000

(a)

Uniti

Group

LP

/

Uniti

Group

Finance

2019

Inc

/

CSL

Capital

LLC

10

.500

02/15/28

26,629

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

117,169

43

PRINCIPAL  

DESCRIPTION

RATE

MATURITY

VALUE

FINANCIAL

SERVICES

-

11.7%

$

10,000

(a)

Azorra

Finance

Ltd

7

.750

%

04/15/30

$

9,881

110,000

(a)

Block

Inc

6

.500

05/15/32

111,954

130,000

(a)

Compass

Group

Diversified

Holdings

LLC

5

.250

04/15/29

124,989

25,000

(a),(b)

Compass

Group

Diversified

Holdings

LLC

5

.000

01/15/32

22,954

310,000

(a)

Encore

Capital

Group

Inc

8

.500

05/15/30

326,802

215,000

(a)

FirstCash

Inc

6

.875

03/01/32

217,450

50,000

(a)

Focus

Financial

Partners

LLC

6

.750

09/15/31

49,672

165,000

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp

5

.250

05/15/27

153,716

10,000

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp

9

.000

06/15/30

9,657

100,000

(a)

Jane

Street

Group

/

JSG

Finance

Inc

6

.125

11/01/32

100,065

90,000

Navient

Corp

4

.875

03/15/28

85,755

10,000

(a)

NCR

Atleos

Corp

9

.500

04/01/29

11,006

500,000

OneMain

Finance

Corp

6

.625

05/15/29

500,000

110,000

(a)

PennyMac

Financial

Services

Inc

7

.875

12/15/29

115,168

100,000

(a)

PennyMac

Financial

Services

Inc

7

.125

11/15/30

101,491

60,000

(a)

Rocket

Mortgage

LLC

/

Rocket

Mortgage

Co-Issuer

Inc

3

.875

03/01/31

53,440

145,000

(a)

Starwood

Property

Trust

Inc

6

.000

04/15/30

142,132

TOTAL

FINANCIAL

SERVICES

2,136,132

FOOD,

BEVERAGE

&

TOBACCO

-

2.4%

115,000

(a)

Darling

Ingredients

Inc

6

.000

06/15/30

114,209

200,000

(a)

Post

Holdings

Inc

6

.375

03/01/33

197,868

130,000

(a),(c)

Viking

Baked

Goods

Acquisition

Corp

8

.625

11/01/31

129,586

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

441,663

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

4.8%

135,000

(a)

CHS/Community

Health

Systems

Inc

5

.250

05/15/30

117,819

105,000

(a)

CHS/Community

Health

Systems

Inc

10

.875

01/15/32

112,530

40,000

(a)

Concentra

Escrow

Issuer

Corp

6

.875

07/15/32

41,047

95,000

(a)

DaVita

Inc

4

.625

06/01/30

87,459

100,000

(a)

DaVita

Inc

6

.875

09/01/32

100,521

100,000

(a)

LifePoint

Health

Inc

9

.875

08/15/30

109,388

130,000

(a)

LifePoint

Health

Inc

11

.000

10/15/30

144,912

150,000

(a)

Prime

Healthcare

Services

Inc

9

.375

09/01/29

152,438

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

866,114

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0.5%

60,000

(a)

Coty

Inc/HFC

Prestige

Products

Inc/HFC

Prestige

International

US

LLC

6

.625

07/15/30

61,176

20,000

Perrigo

Finance

Unlimited

Co

6

.125

09/30/32

19,750

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

80,926

INSURANCE

-

4.8%

130,000

(a)

Acrisure

LLC

/

Acrisure

Finance

Inc

4

.250

02/15/29

122,246

85,000

(a)

Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co-Issuer

6

.750

04/15/28

85,400

200,000

(a)

Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co-Issuer

6

.500

10/01/31

198,041

10,000

(a)

APH

Somerset

Investor

2

LLC

/

APH2

Somerset

Investor

2

LLC

/

APH3

Somerset

Inves

7

.875

11/01/29

9,990

200,000

(a)

Ardonagh

Finco

Ltd

7

.750

02/15/31

205,033

110,000

(a)

HUB

International

Ltd

7

.250

06/15/30

113,676

110,000

(a)

Panther

Escrow

Issuer

LLC

7

.125

06/01/31

112,627

30,000

(a)

Ryan

Specialty

LLC

5

.875

08/01/32

29,900

TOTAL

INSURANCE

876,913

MATERIALS

-

4.1%

120,000

(a)

Arsenal

AIC

Parent

LLC

8

.000

10/01/30

126,134

130,000

(a)

Avient

Corp

7

.125

08/01/30

133,690

40,000

(a)

Avient

Corp

6

.250

11/01/31

40,117

10,000

(a)

LABL

Inc

8

.625

10/01/31

9,638

110,000

(a)

Mineral

Resources

Ltd

8

.000

11/01/27

112,793

140,000

(a)

Mineral

Resources

Ltd

9

.250

10/01/28

147,389

130,000

(a)

Sealed

Air

Corp

6

.500

07/15/32

131,952

50,000

(a)

SunCoke

Energy

Inc

4

.875

06/30/29

45,148

TOTAL

MATERIALS

746,861

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

High

Yield

Managed

Accounts

Portfolio

44

PRINCIPAL  

DESCRIPTION

RATE

MATURITY

VALUE

MEDIA

&

ENTERTAINMENT

-

9.3%

$

285,000

(a)

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp

4

.250

%

02/01/31

$

247,319

125,000

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

4

.400

12/01/61

83,515

120,000

(a)

Directv

Financing

LLC

/

Directv

Financing

Co-Obligor

Inc

5

.875

08/15/27

115,539

150,000

(a)

DISH

Network

Corp

11

.750

11/15/27

157,893

75,000

(a),(b)

Getty

Images

Inc

9

.750

03/01/27

74,760

65,000

(a),(b)

Gray

Television

Inc

4

.750

10/15/30

40,870

10,000

(a)

LCPR

Senior

Secured

Financing

DAC

6

.750

10/15/27

9,373

75,000

(a)

McGraw-Hill

Education

Inc

7

.375

09/01/31

76,821

140,000

(a)

Outfront

Media

Capital

LLC

/

Outfront

Media

Capital

Corp

7

.375

02/15/31

147,839

50,000

(a),(b)

Sirius

XM

Radio

Inc

3

.875

09/01/31

42,967

30,000

(a)

Sirius

XM

Radio

Inc

4

.125

07/01/30

26,840

95,000

(a)

Sirius

XM

Radio

Inc

4

.000

07/15/28

88,756

200,000

(a)

Sunrise

FinCo

I

BV

4

.875

07/15/31

183,000

100,000

(a)

Univision

Communications

Inc

8

.500

07/31/31

98,294

75,000

(a),(b)

Univision

Communications

Inc

4

.500

05/01/29

66,583

10,000

(a)

Univision

Communications

Inc

7

.375

06/30/30

9,600

200,000

(a)

Virgin

Media

Secured

Finance

PLC

5

.500

05/15/29

189,147

40,000

(a)

Ziff

Davis

Inc

4

.625

10/15/30

36,602

TOTAL

MEDIA

&

ENTERTAINMENT

1,695,718

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0.3%

10,000

(a),(b)

Endo

Finance

Holdings

Inc

8

.500

04/15/31

10,692

35,000

(a),(b)

Organon

&

Co

/

Organon

Foreign

Debt

Co-Issuer

BV

7

.875

05/15/34

36,129

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

46,821

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

-

1.0%

110,000

(a),(b)

Anywhere

Real

Estate

Group

LLC

/

Anywhere

Co-Issuer

Corp

7

.000

04/15/30

96,392

75,000

(a)

Cushman

&

Wakefield

US

Borrower

LLC

6

.750

05/15/28

75,406

TOTAL

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

171,798

SOFTWARE

&

SERVICES

-

1.9%

150,000

(a),(b)

Ahead

DB

Holdings

LLC

6

.625

05/01/28

145,627

75,000

(a)

Open

Text

Corp

3

.875

12/01/29

68,423

130,000

(a)

Rocket

Software

Inc

9

.000

11/28/28

135,422

TOTAL

SOFTWARE

&

SERVICES

349,472

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0.5%

100,000

(a)

Imola

Merger

Corp

4

.750

05/15/29

96,672

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

96,672

TELECOMMUNICATION

SERVICES

-

8.6%

200,000

(a)

Altice

France

SA

8

.125

02/01/27

165,657

100,000

(a)

Frontier

Communications

Holdings

LLC

8

.625

03/15/31

107,181

200,000

(a)

Iliad

Holding

SASU

8

.500

04/15/31

213,054

130,000

(a)

Level

3

Financing

Inc

10

.500

04/15/29

144,736

75,000

(a)

Level

3

Financing

Inc

10

.500

05/15/30

82,031

50,000

(a)

Level

3

Financing

Inc

10

.750

12/15/30

55,868

275,000

(a)

Level

3

Financing

Inc

4

.875

06/15/29

235,125

200,000

(a)

Sable

International

Finance

Ltd

7

.125

10/15/32

201,000

40,000

(a)

Windstream

Escrow

LLC

/

Windstream

Escrow

Finance

Corp

8

.250

10/01/31

40,500

110,000

(a),(b)

Zayo

Group

Holdings

Inc

4

.000

03/01/27

97,901

210,000

(a)

Zegona

Finance

PLC

8

.625

07/15/29

221,813

TOTAL

TELECOMMUNICATION

SERVICES

1,564,866

TRANSPORTATION

-

3.9%

57,500

(a)

American

Airlines

Inc/AAdvantage

Loyalty

IP

Ltd2021

CORP

5

.500

04/20/26

57,327

100,000

(a)

AS

Mileage

Plan

IP

Ltd

5

.021

10/20/29

97,129

300,000

(a)

Brightline

East

LLC

11

.000

01/31/30

270,923

115,000

(a),(b)

Cargo

Aircraft

Management

Inc

4

.750

02/01/28

109,719

105,000

(a)

United

Airlines

Inc

4

.375

04/15/26

103,186

10,000

(a),(b)

VistaJet

Malta

Finance

PLC

/

Vista

Management

Holding

Inc

9

.500

06/01/28

9,824

55,000

(a)

XPO

Inc

7

.125

06/01/31

56,927

TOTAL

TRANSPORTATION

705,035

45

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

UTILITIES

-

5.2%

$

150,000

(a),(c)

California

Buyer

Ltd

/

Atlantica

Sustainable

Infrastructure

PLC

6

.375

%

02/15/32

$

148,963

80,000

(a)

Clearway

Energy

Operating

LLC

4

.750

03/15/28

77,600

115,000

(a)

Ferrellgas

LP

/

Ferrellgas

Finance

Corp

5

.875

04/01/29

107,335

60,000

(a)

NRG

Energy

Inc

6

.250

11/01/34

59,937

75,000

(a)

NRG

Energy

Inc

6

.000

02/01/33

74,585

245,000

(a)

Talen

Energy

Supply

LLC

8

.625

06/01/30

264,289

130,000

(a)

TerraForm

Power

Operating

LLC

5

.000

01/31/28

127,012

85,000

(a)

Vistra

Operations

Co

LLC

7

.750

10/15/31

89,792

TOTAL

UTILITIES

949,513

TOTAL

CORPORATE

BONDS

(Cost

$18,047,362)

18,434,372

SHARES

DESCRIPTION

VALUE

178,415

EXCHANGE-TRADED

FUNDS

-

1

.0

%

178,415

8,500

Invesco

Senior

Loan

ETF

178,415

TOTAL

EXCHANGE-TRADED

FUNDS

(Cost

$179,477)

178,415

TOTAL

LONG-TERM

INVESTMENTS

(Cost

$18,291,839)

18,679,717

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

10.9%

1,984,385

(d)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

4

.860

(e)

1,984,385

TOTAL

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

(Cost

$1,984,385)

1,984,385

TOTAL

INVESTMENTS

-

113

.6

%

(Cost

$

20,276,224

)

20,664,102

OTHER

ASSETS

&

LIABILITIES,

NET

-  (13.6)%

(

2,466,352

)

NET

ASSETS

-

100%

$

18,197,750

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

High

Yield

Managed

Accounts

Portfolio

46

High

Yield

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

$1,000

Par

(or

similar)

Institutional

Preferred

$

–

$

66,930

$

–

$

66,930

Corporate

Bonds

–

18,434,372

–

18,434,372

Exchange-Traded

Funds

178,415

–

–

178,415

Investments

Purchased

with

Collateral

from

Securities

Lending

1,984,385

–

–

1,984,385

Total

$

2,162,800

$

18,501,302

$

–

$

20,664,102

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)

Security

is

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

As

of

the

end

of

the

reporting

period,

the

aggregate

value

of

these

securities

is

$16,798,812

or

81.3%

of

Total

Investments.

(b)

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

$1,905,543.

(c)

When-issued

or

delayed

delivery

security.

(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.

ETF

Exchange-Traded

Fund

PIK

Payment-in-kind

(“PIK”)

security.  Depending

on

the

terms

of

the

security,

income

may

be

received

in

the

form

of

cash,

securities,

or

a

combination

of

both.  The

PIK

rate

shown,

where

applicable,

represents

the

annualized

rate

of

the

last

PIK

payment

made

by

the

issuer

as

of

the

end

of

the

reporting

period.

47

Portfolio

of

Investments

October

31,

2024

Nuveen

Preferred

Securities

and

Income

Managed

Accounts

Portfolio

(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM

INVESTMENTS

-

98.9%

11260839

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

-

62

.3

%

11260839

AUTOMOBILES

&

COMPONENTS

-

2.9%

$

550,000

(a),(b)

General

Motors

Financial

Co

Inc

5

.700

%

N/A

$

530,804

TOTAL

AUTOMOBILES

&

COMPONENTS

530,804

BANKS

-

14.1%

300,000

(b)

Citigroup

Inc

7

.625

N/A

319,205

175,000

(b)

Citigroup

Inc

7

.125

N/A

179,793

540,000

(b)

CoBank

ACB

6

.450

N/A

542,385

100,000

(b),(c)

First

Citizens

BancShares

Inc/NC

(TSFR3M

+

4.234%)

9

.180

N/A

101,998

250,000

(b)

M&T

Bank

Corp

5

.125

N/A

246,197

280,000

(a),(b)

PNC

Financial

Services

Group

Inc/The

6

.200

N/A

282,340

225,000

(b)

PNC

Financial

Services

Group

Inc/The

6

.250

N/A

225,247

360,000

(b)

Truist

Financial

Corp

5

.100

N/A

349,431

300,000

(a),(b)

US

Bancorp

5

.300

N/A

296,226

TOTAL

BANKS

2,542,822

CAPITAL

GOODS

-

0.7%

119,000

(b)

Air

Lease

Corp

6

.000

N/A

117,210

TOTAL

CAPITAL

GOODS

117,210

ENERGY

-

8.9%

300,000

Enbridge

Inc

7

.625

01/15/83

317,987

300,000

Enbridge

Inc

8

.500

01/15/84

333,312

24,000

(b)

Energy

Transfer

LP

6

.625

N/A

23,493

275,000

(b)

Energy

Transfer

LP

6

.500

N/A

274,133

75,000

Energy

Transfer

LP

8

.000

05/15/54

79,470

109,000

(d)

South

Bow

Canadian

Infrastructure

Holdings

Ltd

7

.500

03/01/55

113,201

300,000

Transcanada

Trust

5

.500

09/15/79

288,188

180,000

Transcanada

Trust

5

.600

03/07/82

171,821

TOTAL

ENERGY

1,601,605

FINANCIAL

SERVICES

-

13.2%

287,000

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

6

.950

03/10/55

295,840

400,000

(a),(b)

Ally

Financial

Inc

4

.700

N/A

359,846

290,000

(b)

American

Express

Co

3

.550

N/A

274,499

450,000

(b)

Charles

Schwab

Corp/The

5

.375

N/A

447,675

210,000

(b)

Discover

Financial

Services

6

.125

N/A

209,422

125,000

(b)

Goldman

Sachs

Group

Inc/The

7

.500

N/A

133,642

125,000

(b)

Goldman

Sachs

Group

Inc/The

7

.500

N/A

131,068

333,000

(a),(b)

Goldman

Sachs

Group

Inc/The

6

.125

N/A

330,288

205,000

(b)

State

Street

Corp

6

.700

N/A

211,050

TOTAL

FINANCIAL

SERVICES

2,393,330

INSURANCE

-

10.8%

300,000

(a)

Assurant

Inc

7

.000

03/27/48

305,070

185,000

AXIS

Specialty

Finance

LLC

4

.900

01/15/40

175,852

197,000

Corebridge

Financial

Inc

6

.375

09/15/54

196,146

270,000

Enstar

Finance

LLC

5

.500

01/15/42

253,124

325,000

(d)

MetLife

Inc

9

.250

04/08/38

385,208

180,000

Prudential

Financial

Inc

6

.500

03/15/54

187,757

450,000

(b),(d)

QBE

Insurance

Group

Ltd

5

.875

N/A

448,369

TOTAL

INSURANCE

1,951,526

MEDIA

&

ENTERTAINMENT

-

3.2%

293,000

(b),(d)

Farm

Credit

Bank

of

Texas

7

.750

N/A

306,754

300,000

(a)

Paramount

Global

6

.375

03/30/62

277,742

TOTAL

MEDIA

&

ENTERTAINMENT

584,496

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

-

0.8%

147,000

(d)

EUSHI

Finance

Inc

7

.625

12/15/54

152,211

TOTAL

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

152,211

TELECOMMUNICATION

SERVICES

-

1.2%

200,000

Vodafone

Group

PLC

7

.000

04/04/79

209,483

TOTAL

TELECOMMUNICATION

SERVICES

209,483

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

Preferred

Securities

and

Income

Managed

Accounts

Portfolio

48

PRINCIPAL  

DESCRIPTION

RATE

MATURITY

VALUE

UTILITIES

-

6.5%

$

85,000

AES

Corp/The

7

.600

%

01/15/55

$

88,091

52,000

Dominion

Energy

Inc

7

.000

06/01/54

55,328

49,000

Duke

Energy

Corp

6

.450

09/01/54

49,802

70,000

Emera

Inc

6

.750

06/15/76

70,086

115,000

Entergy

Corp

7

.125

12/01/54

117,573

72,000

NextEra

Energy

Capital

Holdings

Inc

6

.750

06/15/54

75,394

64,000

PG&E

Corp

7

.375

03/15/55

66,107

330,000

(b)

Sempra

4

.875

N/A

327,226

325,000

(b),(d)

Vistra

Corp

7

.000

N/A

327,745

TOTAL

UTILITIES

1,177,352

TOTAL

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

(Cost

$10,511,250)

11,260,839

PRINCIPAL

DESCRIPTION

(e)

RATE

MATURITY

VALUE

6543056

CONTINGENT

CAPITAL

SECURITIES

-

36

.2

%

6543056

BANKS

-

30.3%

200,000

(b)

Banco

Bilbao

Vizcaya

Argentaria

SA

9

.375

N/A

216,554

200,000

(b)

Banco

Bilbao

Vizcaya

Argentaria

SA

6

.500

N/A

200,043

200,000

(b)

Banco

Santander

SA

8

.000

N/A

208,358

200,000

(b)

Banco

Santander

SA

9

.625

N/A

230,332

200,000

(b)

Banco

Santander

SA

4

.750

N/A

189,482

315,000

(b)

Barclays

PLC

9

.625

N/A

346,619

200,000

(b)

Barclays

PLC

8

.000

N/A

206,722

200,000

(b),(d)

BNP

Paribas

SA

8

.500

N/A

208,825

275,000

(b),(d)

BNP

Paribas

SA

7

.750

N/A

284,800

235,000

(a),(b),(d)

BNP

Paribas

SA

9

.250

N/A

253,450

200,000

(b),(d)

Credit

Agricole

SA

8

.125

N/A

205,170

312,000

(b),(d)

Credit

Agricole

SA

6

.700

N/A

303,258

370,000

(b)

HSBC

Holdings

PLC

6

.000

N/A

365,811

271,000

(b)

HSBC

Holdings

PLC

6

.950

N/A

269,865

250,000

(a),(b)

ING

Groep

NV

5

.750

N/A

247,168

200,000

(b)

ING

Groep

NV,

Reg

S

7

.500

N/A

204,780

200,000

(b)

Lloyds

Banking

Group

PLC

7

.500

N/A

201,702

200,000

(b)

NatWest

Group

PLC

8

.125

N/A

214,313

330,000

(b)

NatWest

Group

PLC

6

.000

N/A

329,341

200,000

(a),(b),(d)

Nordea

Bank

Abp

6

.300

N/A

191,221

220,000

(b),(d)

Societe

Generale

SA

9

.375

N/A

230,089

150,000

(b),(d)

Societe

Generale

SA

10

.000

N/A

159,830

200,000

(b),(d)

Standard

Chartered

PLC

7

.750

N/A

205,706

TOTAL

BANKS

5,473,439

FINANCIAL

SERVICES

-

4.8%

200,000

(b)

Deutsche

Bank

AG

6

.000

N/A

195,506

200,000

(b),(d)

UBS

Group

AG

9

.250

N/A

231,559

400,000

(b),(d)

UBS

Group

AG

9

.250

N/A

435,876

TOTAL

FINANCIAL

SERVICES

862,941

INSURANCE

-

1.1%

200,000

(b)

Phoenix

Group

Holdings

PLC,

Reg

S

8

.500

N/A

206,676

TOTAL

INSURANCE

206,676

TOTAL

CONTINGENT

CAPITAL

SECURITIES

(Cost

$6,057,157)

6,543,056

49

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

83425

CORPORATE

BONDS

-

0

.4

%

83425

FINANCIAL

SERVICES

-

0.4%

$

400,000

(f)

Credit

Suisse

Group

AG

7

.500

%

06/11/72

$

47,000

310,000

(f)

Credit

Suisse

Group

AG

7

.500

01/17/72

36,425

TOTAL

FINANCIAL

SERVICES

83,425

TOTAL

CORPORATE

BONDS

(Cost

$657,827)

83,425

TOTAL

LONG-TERM

INVESTMENTS

(Cost

$17,226,234)

17,887,320

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

13.8%

2,490,442

(g)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

4

.860

(h)

2,490,442

TOTAL

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

(Cost

$2,490,442)

2,490,442

TOTAL

INVESTMENTS

-

112

.7

%

(Cost

$

19,716,676

)

20,377,762

OTHER

ASSETS

&

LIABILITIES,

NET

-  (12.7)%

(

2,292,350

)

NET

ASSETS

-

100%

$

18,085,412

Preferred

Securities

and

Income

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

$1,000

Par

(or

similar)

Institutional

Preferred

$

–

$

11,260,839

$

–

$

11,260,839

Contingent

Capital

Securities

–

6,543,056

–

6,543,056

Corporate

Bonds

–

–

83,425

83,425

Investments

Purchased

with

Collateral

from

Securities

Lending

2,490,442

–

–

2,490,442

Total

$

2,490,442

$

17,803,895

$

83,425

$

20,377,762

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)

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

$2,406,971.

(b)

Perpetual

security.

Maturity

date

is

not

applicable.

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

Preferred

Securities

and

Income

Managed

Accounts

Portfolio

50

(c)

Variable

rate

security.

The

rate

shown

is

the

coupon

as

of

the

end

of

the

reporting

period.

(d)

Security

is

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

As

of

the

end

of

the

reporting

period,

the

aggregate

value

of

these

securities

is

$4,443,272

or

21.8%

of

Total

Investments.

(e)

Contingent

Capital

Securities

(“CoCos”)

are

hybrid

securities

with

loss

absorption

characteristics

built

into

the

terms

of

the

security

for

the

benefit

of

the

issuer.

For

example,

the

terms

may

specify

an

automatic

write-down

of

principal

or

a

mandatory

conversion

into

the

issuer’s

common

stock

under

certain

adverse

circumstances,

such

as

the

issuer’s

capital

ratio

falling

below

a

specified

level.

(f)

For

fair

value

measurement

disclosure

purposes,

investment

classified

as

Level

3.

(g)

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.

(h)

The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

Reg

S

Regulation

S

allows

U.S.

companies

to

sell

securities

to

persons

or

entities

located

outside

of

the

United

States

without

registering

those

securities

with

the

Securities

and

Exchange

Commission.

Specifically,

Regulation

S

provides

a

safe

harbor

from

the

registration

requirements

of

the

Securities

Act

for

the

offers

and

sales

of

securities

by

both

foreign

and

domestic

issuers

that

are

made

outside

the

United

States.

TSFR

3M

CME

Term

Secured

Overnight

Financing

Rate

3

Month

51

Portfolio

of

Investments

October

31,

2024

Nuveen

Securitized

Credit

Managed

Accounts

Portfolio

(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM

INVESTMENTS

-

100.2%

ASSET-BACKED

SECURITIES

-

21.2%

–

$

350,000

(a)

Affirm

Asset

Securitization

Trust

2023-B,

2023

B

6

.820

%

09/15/28

$

355,117

250,000

(a),(b)

AGL

CLO

Ltd,

(TSFR3M

+

2.600%),

2023

25A

7

.217

07/21/36

251,939

89,360

(a)

Alterna

Funding

III

LLC,

2024

1A

7

.136

05/16/39

90,307

87,543

(a)

Alterna

Funding

III

LLC,

2024

1A

6

.260

05/16/39

88,596

100,000

(a)

Avis

Budget

Rental

Car

Funding

AESOP

LLC,

2024

1A

5

.850

06/20/30

100,668

220,000

(a)

Avis

Budget

Rental

Car

Funding

AESOP

LLC,

2019

3A

2

.360

03/20/26

218,813

150,000

(a)

Brex

Commercial

Charge

Card

Master

Trust,

2024

1

6

.680

07/15/27

151,122

98,083

(a)

Cars

Net

Lease

Mortgage

Notes

Series

2020-1,

2020

1A

3

.100

12/15/50

90,803

239,167

(a)

CARS-DB7

LP,

2023

1A

5

.750

09/15/53

240,305

100,000

(a)

Frontier

Issuer

LLC,

2023

1

6

.600

08/20/53

101,925

39,870

(a),(b)

Gracie

Point

International

Funding,

(SOFR90A

+

2.250%),

2023

2A

7

.619

03/01/27

39,964

245,555

(a),(b)

Gracie

Point

International

Funding,

(SOFR90A

+

1.950%),

2023

1A

7

.319

09/01/26

246,874

250,000

(a)

Hertz

Vehicle

Financing

III

LLC,

2023

3A

5

.940

02/25/28

253,730

100,000

(a)

Hertz

Vehicle

Financing

III

LP,

2021

2A

2

.120

12/27/27

93,209

128,446

(a)

Hilton

Grand

Vacations

Trust

2019-A,

2019

AA

2

.340

07/25/33

124,797

86,020

(a)

Hilton

Grand

Vacations

Trust

2024-2,

2024

2A

5

.500

03/25/38

86,668

100,000

(a)

Hotwire

Funding

LLC,

2024

1A

5

.893

06/20/54

101,246

200,000

(a)

Hotwire

Funding

LLC

5

.687

05/20/53

201,278

200,000

(a)

LAD

Auto

Receivables

Trust

2024-3,

2024

3A

4

.740

01/15/30

198,345

300,000

(a),(b)

Magnetite

XXXVII

Ltd,

(TSFR3M

+

2.300%),

2023

37A

6

.917

10/20/36

303,207

100,000

(a)

Mercury

Financial

Credit

Card

Master

Trust,

2024

2A

6

.560

07/20/29

100,945

100,000

(a)

MetroNet

Infrastructure

Issuer

LLC,

2024

1A

6

.230

04/20/54

102,225

100,000

(a)

MetroNet

Infrastructure

Issuer

LLC,

2023

1A

6

.560

04/20/53

102,657

168,803

(a)

MVW

2020-1

LLC,

2020

1A

1

.740

10/20/37

161,596

162,926

(a)

MVW

Owner

Trust

2019-1,

2019

1A

2

.890

11/20/36

160,941

220,000

(a),(b)

Myers

Park

CLO

Ltd,

(TSFR3M

+

1.862%),

2018

1A

6

.479

10/20/30

220,272

250,000

(a),(b)

OneMain

Financial

Issuance

Trust

2021-1,

(SOFR30A

+

0.760%),

2021

1A

5

.770

06/16/36

250,300

150,000

(a)

Oscar

US

Funding

XVII

LLC,

2024

2A

4

.470

03/12/29

147,512

250,000

(a)

PenFed

Auto

Receivables

Owner

Trust

2022-A,

2022

A

4

.830

12/15/28

248,294

100,000

(a)

PFS

Financing

Corp,

2024

D

5

.340

04/15/29

101,264

140,625

(a)

Taco

Bell

Funding

LLC,

2016

1A

4

.970

05/25/46

139,989

142,462

(a)

Taco

Bell

Funding

LLC,

2021

1A

1

.946

08/25/51

132,391

260,000

(a)

Tesla

Auto

Lease

Trust

2023-B,

2023

B

6

.570

08/20/27

263,618

250,000

(a),(b)

Texas

Debt

Capital

CLO

2024-I

Ltd,

(TSFR3M

+

1.950%),

2024

1A

6

.582

04/22/37

252,104

100,000

(a)

VB-S1

Issuer

LLC

-

VBTEL,

2024

1A

5

.590

05/15/54

100,622

50,000

Volkswagen

Auto

Lease

Trust,

2024

A

5

.210

06/21/27

50,484

100,000

(a)

Ziply

Fiber

Issuer

LLC,

2024

1A

6

.640

04/20/54

101,909

TOTAL

ASSET-BACKED

SECURITIES

(Cost

$5,874,265)

5,976,036

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

255,446

CORPORATE

BONDS

-

0

.9

%

255,446

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

-

0.9%

250,000

(a)

SBA

Tower

Trust

6

.599

01/15/28

255,446

TOTAL

EQUITY

REAL

ESTATE

INVESTMENT

TRUSTS

(REITS)

255,446

TOTAL

CORPORATE

BONDS

(Cost

$254,205)

255,446

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

-

78.1%

–

100,000

Bank

2019-BNK19,

2019

BN20

3

.243

09/15/62

87,107

350,000

BANK

2019-BNK22,

2019

BN22

3

.210

11/15/62

311,302

500,000

Benchmark

2019-B11

Mortgage

Trust,

2019

B11

3

.784

05/15/52

455,644

199,000

Benchmark

2019-B15

Mortgage

Trust,

2019

B15

3

.720

12/15/72

153,616

200,000

Benchmark

2019-B9

Mortgage

Trust,

B9

4

.016

03/15/52

190,220

100,000

Benchmark

2021-B28

Mortgage

Trust,

2021

B28

2

.429

08/15/54

81,823

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

Securitized

Credit

Managed

Accounts

Portfolio

52

PRINCIPAL  

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

(continued)

$

248,088

(a),(b)

BX

Commercial

Mortgage

Trust

2021-CIP,

(TSFR1M

+

1.385%),

2021

CIP

6

.189

%

12/15/38

$

245,988

569,943

(a)

CAMB

Commercial

Mortgage

Trust

2021-CX2,

2021

CX2

2

.700

11/10/46

465,248

200,000

Citigroup

Commercial

Mortgage

Trust

2015-GC29,

2015

GC29

3

.457

04/10/48

197,106

200,000

Citigroup

Commercial

Mortgage

Trust

2016-C3,

2016

C3

3

.366

11/15/49

188,531

200,000

COMM

2015-LC21

Mortgage

Trust,

2015

LC21

4

.043

07/10/48

196,991

295,000

COMM

Mortgage

Trust,

2018

COR3

4

.516

05/10/51

246,417

300,000

(a),(b)

Connecticut

Avenue

Securities

Trust

2022-R05,

(SOFR30A

+

3.000%),

2022

R05

7

.857

04/25/42

309,815

300,000

(a),(b)

Connecticut

Avenue

Securities

Trust

2022-R07,

(SOFR30A

+

4.650%),

2022

R07

9

.507

06/25/42

324,016

240,000

(a),(b)

Connecticut

Avenue

Securities

Trust

2022-R09,

(SOFR30A

+

4.750%),

2022

R09

9

.607

09/25/42

260,814

315,000

(a),(b)

Connecticut

Avenue

Securities

Trust

2023-R01,

(SOFR30A

+

3.750%),

2023

R01

8

.607

12/25/42

336,369

45,000

CSAIL

2017-CX10

Commercial

Mortgage

Trust,

2017

CX10

3

.458

11/15/50

42,319

200,000

CSAIL

2020-C19

Commercial

Mortgage

Trust,

2020

C19

2

.971

03/15/53

166,244

250,000

DBJPM

20-C9

Mortgage

Trust,

2020

C9

1

.926

08/15/53

211,889

67,728

(a)

DBWF

Mortgage

Trust,

2015

LCM

2

.998

06/10/34

65,454

468,821

Fannie

Mae

Pool,

FN

MA4737,

2022

1

5

.000

08/01/52

456,551

484,927

Fannie

Mae

Pool,

FN

MA4733

4

.500

09/01/52

460,879

469,514

Fannie

Mae

Pool,

FN

MA4732

4

.000

09/01/52

434,196

365,952

Fannie

Mae

Pool,

FN

MA4700,

2022

1

4

.000

07/01/52

338,222

106,830

Fannie

Mae

Pool,

FN

MA4626

4

.000

06/01/52

98,827

249,580

Fannie

Mae

Pool,

FN

MA4625,

2022

1

3

.500

06/01/52

223,372

301,981

Fannie

Mae

Pool,

FN

MA4600,

2022

2

3

.500

05/01/52

270,209

97,178

Fannie

Mae

Pool,

FN

FS7299

3

.000

05/01/52

84,466

511,089

Fannie

Mae

Pool,

FN

FS1535

3

.000

04/01/52

443,061

173,649

Fannie

Mae

Pool,

FN

310210,

2022

1

4

.000

05/01/44

165,219

225,206

Fannie

Mae

Pool,

FN

CB2804

2

.500

02/01/52

188,647

435,546

Fannie

Mae

Pool,

FN

MA4655

4

.000

07/01/52

402,785

381,807

Fannie

Mae

Pool,

FN

MA4783

4

.000

10/01/52

352,953

89,262

Fannie

Mae

Pool,

FN

MA4761

5

.000

09/01/52

86,907

336,583

Fannie

Mae

Pool,

FN

MA4804

4

.000

11/01/52

311,079

80,191

Fannie

Mae

Pool,

FN

FS5179

5

.000

06/01/53

78,569

411,191

Fannie

Mae

Pool,

FN

MA4701,

2022

1

4

.500

07/01/52

390,962

457,074

Fannie

Mae

Pool,

FN

MA4805,

2022

1

4

.500

11/01/52

434,407

295,331

Fannie

Mae

Pool,

FN

MA4918

5

.000

02/01/53

287,295

434,039

Fannie

Mae

Pool,

FN

MA4784

4

.500

10/01/52

412,687

489,579

Fannie

Mae

Pool,

FN

MA5165

5

.500

10/01/53

485,038

76,650

Fannie

Mae

Pool,

FN

MA5353

5

.500

05/01/54

75,938

169,070

Fannie

Mae

Pool,

FN

MA5039

5

.500

06/01/53

167,577

390,698

Fannie

Mae

Pool,

FN

MA5070

4

.500

07/01/53

371,120

313,425

Fannie

Mae

Pool,

FN

MA4978

5

.000

04/01/53

304,849

119,852

Fannie

Mae

Pool,

FN

MA4920

6

.000

02/01/53

120,632

354,437

Fannie

Mae

Pool,

FN

MA4919

5

.500

02/01/53

351,492

107,662

Fannie

Mae

Pool,

FN

CB1301

2

.500

08/01/51

90,072

137,325

Fannie

Mae

Pool,

FN

MA4842,

2022

1

5

.500

12/01/52

136,358

329,443

Fannie

Mae

Pool,

FN

MA5106

5

.000

08/01/53

320,241

250,354

Fannie

Mae

Pool,

FN

CB3905

3

.500

06/01/52

224,239

78,580

Fannie

Mae

REMICS,

2022

40

2

.000

08/25/50

52,385

76,614

Fannie

Mae

REMICS,

2022

18

3

.500

04/25/52

58,205

506,440

Freddie

Mac

Pool,

FR

SD8231

4

.500

07/01/52

480,974

190,258

Freddie

Mac

Pool,

FR

RA9629

5

.500

08/01/53

189,181

73,458

Freddie

Mac

Pool,

FR

SD4810

3

.000

04/01/52

64,012

580,320

Freddie

Mac

Pool,

FR

SD8220

3

.000

06/01/52

500,379

40,015

Freddie

Mac

Pool,

FR

RA7211,

2022

1

4

.000

04/01/52

37,043

27,171

Freddie

Mac

REMICS,

2020

5017

2

.000

09/25/50

17,789

45,524

Freddie

Mac

REMICS,

2018

4776

4

.000

03/15/48

42,341

36,482

Freddie

Mac

REMICS,

2018

4783

4

.000

04/15/48

33,735

157,000

(a),(b)

Freddie

Mac

STACR

REMIC

Trust

2022-DNA5,

(SOFR30A

+

4.500%),

2022

DNA5

9

.357

06/25/42

168,871

53

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

PRINCIPAL  

DESCRIPTION

RATE

MATURITY

VALUE

MORTGAGE-BACKED

SECURITIES

(continued)

$

300,000

(a),(b)

Freddie

Mac

STACR

REMIC

Trust

2022-HQA2,

(SOFR30A

+

4.000%),

2022

HQA2

8

.857

%

07/25/42

$

319,265

300,000

(a),(b)

Freddie

Mac

STACR

REMIC

Trust

2022-HQA3,

(SOFR30A

+

3.550%),

2022

HQA3

8

.407

08/25/42

315,453

65,448

Ginnie

Mae

II

Pool,

G2

MA8428

5

.000

11/20/52

64,071

58,924

Ginnie

Mae

II

Pool,

G2

MA7419,

2021

MTGE

3

.000

06/20/51

51,738

112,050

Ginnie

Mae

II

Pool,

G2

MA8201

4

.500

08/20/52

107,155

239,776

Ginnie

Mae

II

Pool,

G2

MA8200

4

.000

08/20/52

223,277

335,316

Ginnie

Mae

II

Pool,

G2

MA8149

3

.500

07/20/52

303,106

77,281

Ginnie

Mae

II

Pool,

G2

MA7768,

2021

1

3

.000

12/20/51

67,815

103,557

Government

National

Mortgage

Association,

2023

111

3

.000

02/20/52

70,253

575,000

GS

Mortgage

Securities

Trust

2017-GS6,

2017

GS6

3

.638

05/10/50

530,774

245,000

GS

Mortgage

Securities

Trust

2018-GS9,

2018

GS9

3

.992

03/10/51

236,267

45,000

GS

Mortgage

Securities

Trust

2019-GSA1,

2019

GSA1

3

.340

11/10/52

40,411

235,831

(a)

GS

Mortgage-Backed

Securities

Trust

2021-PJ6,

2021

PJ6

2

.500

11/25/51

189,333

91,404

(a)

GS

Mortgage-Backed

Securities

Trust

2023-PJ1,

2023

PJ1

3

.500

02/25/53

79,080

184,285

(a)

J.P.

Morgan

Mortgage

Trust,

2021

INV5

3

.188

12/25/51

149,862

79,709

(a)

J.P.

Morgan

Mortgage

Trust

2021-15,

2021

15

2

.500

06/25/52

63,798

257,899

(a)

J.P.

Morgan

Mortgage

Trust

2022-6,

2022

6

3

.000

11/25/52

215,028

234,887

(a)

JP

Morgan

Mortgage

Trust,

2017

5

5

.415

10/26/48

235,833

82,947

(a)

JP

Morgan

Mortgage

Trust

2018-4,

2018

4

3

.500

10/25/48

72,844

248,091

(a)

JP

MORGAN

MORTGAGE

TRUST

2018-5,

2018

5

3

.500

10/25/48

218,924

246,827

(a)

JP

Morgan

Mortgage

Trust

2020-1,

2020

1

3

.820

06/25/50

215,578

392,583

(a)

JP

Morgan

Mortgage

Trust

2020-7,

2020

7

3

.000

01/25/51

335,241

308,053

(a)

JP

Morgan

Mortgage

Trust

2021-11

2

.500

01/25/52

246,939

22,861

(a)

JP

Morgan

Mortgage

Trust

2021-4,

2021

4

2

.880

08/25/51

17,993

250,000

JPMBB

Commercial

Mortgage

Securities

Trust

2014-C23,

2014

C23

4

.554

09/15/47

247,540

265,604

(a)

Morgan

Stanley

Residential

Mortgage

Loan

Trust,

2023

1

4

.000

02/25/53

237,998

76,434

(a)

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2021-5,

2021

5

2

.500

08/25/51

61,270

225,000

(a),(b)

MTN

Commercial

Mortgage

Trust

2022-LPFL,

(TSFR1M

+

1.397%),

2022

LPFL

6

.207

03/15/39

223,937

270,759

(a)

OBX

2022-INV5

Trust,

2022

INV5

4

.000

10/25/52

241,853

86,430

(a)

Oceanview

Mortgage

Trust

2022-1,

2022

1

4

.500

11/25/52

80,479

250,000

(a)

One

Bryant

Park

Trust

2019-OBP

2

.516

09/15/54

218,397

200,000

(a)

ONNI

Commerical

Mortgage

Trust

2024-APT,

2024

APT

5

.567

07/15/39

201,614

275,620

(a)

RCKT

Mortgage

Trust

2022-4,

2022

4

4

.000

06/25/52

246,285

218,576

(a)

Sequoia

Mortgage

Trust

2020-1

3

.850

02/25/50

172,458

75,151

(a)

Sequoia

Mortgage

Trust

2021-4,

2021

4

2

.500

06/25/51

60,382

500,000

Wells

Fargo

Commercial

Mortgage

Trust

2015-NXS2,

2015

NXS2

3

.767

07/15/58

493,779

100,000

Wells

Fargo

Commercial

Mortgage

Trust

2016-BNK1,

2016

BNK1

2

.652

08/15/49

95,591

165,000

Wells

Fargo

Commercial

Mortgage

Trust

2017-C38,

2017

C38

3

.917

07/15/50

154,881

150,000

Wells

Fargo

Commercial

Mortgage

Trust

2021-C59,

2021

C59

2

.626

04/15/54

128,573

TOTAL

MORTGAGE-BACKED

SECURITIES

(Cost

$21,515,292)

21,985,752

TOTAL

LONG-TERM

INVESTMENTS

(Cost

$27,643,762)

28,217,234

OTHER

ASSETS

&

LIABILITIES,

NET

-  (0.2)%

(

63,612

)

NET

ASSETS

-

100%

$

28,153,622

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

Securitized

Credit

Managed

Accounts

Portfolio

54

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:

Securitized

Credit

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Asset-Backed

Securities

$

–

$

5,976,036

$

–

$

5,976,036

Corporate

Bonds

–

255,446

–

255,446

Mortgage-Backed

Securities

–

21,985,752

–

21,985,752

Total

$

–

$

28,217,234

$

–

$

28,217,234

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)

Security

is

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

As

of

the

end

of

the

reporting

period,

the

aggregate

value

of

these

securities

is

$12,777,417

or

45.3%

of

Total

Investments.

(b)

Variable

rate

security.

The

rate

shown

is

the

coupon

as

of

the

end

of

the

reporting

period.

SOFR

30A

30

Day

Average

Secured

Overnight

Financing

Rate

SOFR

90A

90

Day

Average

Secured

Overnight

Financing

Rate

TSFR

1M

CME

Term

Secured

Overnight

Financing

Rate

1

Month

TSFR

3M

CME

Term

Secured

Overnight

Financing

Rate

3

Month

55

Portfolio

of

Investments

October

31,

2024

Nuveen

Ultra

Short

Municipal

Managed

Accounts

Portfolio

(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM

INVESTMENTS

-

 99.7%  

9965000

MUNICIPAL

BONDS

-

99

.7

%

9965000

CALIFORNIA

-

18.6%

$

335,000

(a)

Bay

Area

Toll

Authority,

California,

Revenue

Bonds,

San

Francisco

Bay

Area

Toll

Bridge,

Series

2024D

3

.150

%

04/01/59

$

335,000

215,000

(a)

California

State,

General

Obligation

Bonds,

Kindergarten

University,

Series

2004A-2

3

.000

05/01/34

215,000

330,000

(a)

California

Statewide

Communities

Development

Authority,

Revenue

Bonds,

Rady

Children's

Hospital

of

San

Diego,

Variable

Rate

Revenue

Bonds,

Series

2008B

3

.050

08/15/47

330,000

315,000

(a)

Irvine

Ranch

Water

District,

California,

Certificates

of

Participation,

Series

2009S

3

.350

10/01/41

315,000

335,000

(a)

Metropolitan

Water

District

of

Southern

California,

Water

Revenue

Bonds,

Refunding

Variable

Rate

Demand

Series

2016B-2

3

.150

07/01/37

335,000

335,000

(a)

San

Mateo

County

Transportation

Authority,

California,

Sales

Tax

Revenue

Bonds,

Limited

Tax

Variable

Rate

Demand

Subordinate

Series

2020B

3

.100

06/01/49

335,000

TOTAL

CALIFORNIA

1,865,000

COLORADO

-

2.2%

220,000

(a)

Colorado

Health

Facilities

Authority,

Revenue

Bonds,

Boulder

Community

Hospital

Project,

Variable

Rate

Demand

Obligations

Series

2000

3

.330

10/01/30

220,000

TOTAL

COLORADO

220,000

CONNECTICUT

-

6.7%

335,000

(a)

Connecticut

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Yale

University,

Series

2013A

3

.600

07/01/42

335,000

335,000

(a)

Connecticut

Housing

Finance

Authority,

Housing

Mortgage

Finance

Program

Bonds,

Series

2016A-3

3

.240

11/15/45

335,000

TOTAL

CONNECTICUT

670,000

DISTRICT

OF

COLUMBIA

-

3.4%

335,000

(a)

Metropolitan

Washington

D.C.

Airports

Authority,

Airport

System

Revenue

Bonds,

Series

2010D

3

.230

10/01/40

335,000

TOTAL

DISTRICT

OF

COLUMBIA

335,000

FLORIDA

-

2.0%

200,000

(a)

JEA,

Florida,

Water

and

Sewerage

System

Revenue

Bonds,

Variable

Rate

Demand

Obligations

Series

2008A-1

&

2008A-2

3

.280

10/01/42

200,000

TOTAL

FLORIDA

200,000

INDIANA

-

3.4%

335,000

(a)

Indiana

Housing

and

Community

Development

Authority,

Single

Family

Mortgage

Revenue

Bonds,

Series

2017C-3

4

.000

07/01/47

335,000

TOTAL

INDIANA

335,000

LOUISIANA

-

3.3%

335,000

(a)

Louisiana

State,

Gasoline

and

Fuels

Tax

Second

Lien

Revenue

Bonds,

Refunding

Series

2023A-2

4

.000

05/01/43

335,000

TOTAL

LOUISIANA

335,000

MASSACHUSETTS

-

6.4%

300,000

(a)

Massachusetts

Development

Finance

Agency,

Revenue

Bonds,

Boston

University,

Series

2008U-6E

3

.950

10/01/42

300,000

335,000

(a)

Massachusetts

Development

Finance

Agency,

Revenue

Bonds,

Mass

General

Brigham,

Series

2024E-2

3

.550

07/01/52

335,000

TOTAL

MASSACHUSETTS

635,000

MICHIGAN

-

3.4%

335,000

University

of

Michigan,

General

Revenue

Bonds,

Refunding

Series

2012D-1

3

.850

12/01/24

335,000

TOTAL

MICHIGAN

335,000

MISSOURI

-

3.0%

300,000

(a)

Missouri

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Washington

University,

Variable

Rate

Demand

Obligations,

Series

2000B

3

.950

03/01/40

300,000

TOTAL

MISSOURI

300,000

Portfolio

of

Investments

October

31,

2024

(continued)

Nuveen

Ultra

Short

Municipal

Managed

Accounts

Portfolio

56

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

NEW

YORK

-

19.8%

$

310,000

(a)

Metropolitan

Transportation

Authority,

New

York,

Transportation

Revenue

Bonds,

Variable

Rate

Series

2005D-2

3

.920

%

11/01/35

$

310,000

335,000

(a)

New

York

City

Municipal

Water

Finance

Authority,

New

York,

Water

and

Sewer

System

Second

General

Resolution

Revenue

Bonds,

Fiscal

2014

Adjustable

Rate

Series

AA-6

4

.000

06/15/48

335,000

335,000

(a)

New

York

City

Transitional

Finance

Authority,

New

York,

Future

Tax

Secured

Bonds,

Subordinate

Fiscal

2013

Series

A-4

4

.050

08/01/39

335,000

335,000

(a)

New

York

City

Trust

for

Cultural

Resources,

New

York,

Revenue

Bonds,

Pierpont

Morgan

Library,

Series

2004

3

.000

02/01/34

335,000

335,000

(a)

New

York

City,

New

York,

General

Obligation

Bonds,

Subseries

G-6

Fiscal

Series

2012

4

.150

04/01/42

335,000

335,000

(a)

New

York

State

Housing

Finance

Agency,

316

Eleventh

Avenue

Housing

Revenue

Bonds,

Variable

Rate

Demand

Obligation

Series

2009A

3

.050

05/15/41

335,000

TOTAL

NEW

YORK

1,985,000

NORTH

CAROLINA

-

3.3%

330,000

(a)

Charlotte-Mecklenburg

Hospital

Authority,

North

Carolina,

Health

Care

Revenue

Bonds,

DBA

Carolinas

HealthCare

System,

Variable

Rate

Demand

Series

2007E

-

AGM

Insured

4

.000

01/15/44

330,000

TOTAL

NORTH

CAROLINA

330,000

OHIO

-

3.4%

335,000

(a)

Ohio

Water

Development

Authority,

Water

Pollution

Control

Loan

Fund

Revenue

Bonds,

Series

2024C

4

.000

12/01/54

335,000

TOTAL

OHIO

335,000

PENNSYLVANIA

-

6.1%

335,000

(a)

Pennsylvania

Turnpike

Commission,

Turnpike

Revenue

Bonds,

Variable

Rate

Series

2020

3

.240

12/01/39

335,000

275,000

(a)

Philadelphia

Gas

Works,

Pennsylvania,

Revenue

Bonds,

Eighth

Series,

Variable

Rate

Demand

Obligations,

Series

2009C

3

.240

08/01/31

275,000

TOTAL

PENNSYLVANIA

610,000

TENNESSEE

-

3.3%

335,000

(a)

Metropolitan

Government

of

Nashville

and

Davidson

County

Industrial

Development

Board,

Tennessee,

Multifamily

Housing

Revenue

Bonds,

Summit

Apartments

Project,

Refunding

Series

2006

3

.250

07/15/36

335,000

TOTAL

TENNESSEE

335,000

TEXAS

-

2.0%

200,000

(a)

Harris

County

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Hospital

Revenue

Bonds,

Texas

Children's

Hospital,

Series

2015-3

3

.300

10/01/45

200,000

TOTAL

TEXAS

200,000

VIRGINIA

-

9.4%

355,000

(a)

Fairfax

County

Economic

Development

Authority,

Virginia,

Revenue

Bonds,

Smithsonian

Institution,

Series

2003B

3

.050

12/01/33

355,000

250,000

(a)

Loudoun

County

Industrial

Development

Authority,

Virginia,

Revenue

Bonds,

Howard

Hughes

Medical

Institute,

Variable

Rate

Demand

Obligations,

Series

2003D

3

.320

02/15/38

250,000

335,000

(a)

Roanoke

Economic

Development

Authority,

Virginia,

Hospital

Revenue

Bonds,

Carilion

Clinic

Obligated

Group,

Refunding

Series

2020C

3

.240

07/01/52

335,000

TOTAL

VIRGINIA

940,000

TOTAL

MUNICIPAL

BONDS

(Cost

$9,965,000)

9,965,000

TOTAL

SHORT-TERM

INVESTMENTS

(Cost

$9,965,000)

9,965,000

TOTAL

INVESTMENTS

-

99

.7

%

(Cost

$

9,965,000

)

9,965,000

OTHER

ASSETS

&

LIABILITIES,

NET

-  0.3%

35,000

NET

ASSETS

-

100%

$

10,000,000

57

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:

Ultra

Short

Municipal

Level

1

Level

2

Level

3

Total

Short-Term

Investments:

Municipal

Bonds

–

9,965,000

–

9,965,000

Total

$

–

$

9,965,000

$

–

$

9,965,000

(a)

Investment

has

a

maturity

of

greater

than

one

year,

but

has

variable

rate

and/or

demand

features

which

qualify

it

as

a

short-term

investment.

The

rate

disclosed,

as

well

as

the

reference

rate

and

spread,

where

applicable,

is

that

in

effect

as

of

the

end

of

the

reporting

period.

This

rate

changes

periodically

based

on

market

conditions

or

a

specified

market

index.