1
Nuveen
Multi-Asset
Income
Fund
Portfolio
of
Investments
March
31,
2024
(Unaudited)
NMAI
Shares
Description
(a)
Value
LONG-TERM
INVESTMENTS
-
131.3%
(96.4%
of
Total
Investments)
X
–
COMMON
STOCKS
-
45
.8
%
(
33
.5
%
of
Total
Investments)
X
210,918,988
Automobiles
&
Components
-
0.7%
17,756
BYD
Co
Ltd,
Class
A
$
512,412
4,115
(b)
Li
Auto
Inc,
ADR
124,602
1,112
(b)
Tesla
Inc
195,478
101,400
(b)
Toyota
Motor
Corp
2,562,880
Total
Automobiles
&
Components
3,395,372
Banks
-
3.7%
143,468
Banco
Bilbao
Vizcaya
Argentaria
SA
1,708,487
12,355
Bank
of
America
Corp
468,502
1,432,400
Bank
Rakyat
Indonesia
Persero
Tbk
PT
547,714
10,135
BNP
Paribas
SA
721,560
69,103
China
Merchants
Bank
Co
Ltd,
Class
A
308,229
11,846
Commonwealth
Bank
of
Australia
929,193
1,051
Credicorp
Ltd
178,071
2,212
Fifth
Third
Bancorp
82,309
50,000
Grupo
Financiero
Banorte
SAB
de
CV
531,069
28,115
HDFC
Bank
Ltd,
ADR
1,573,597
80,442
ING
Groep
NV
1,324,339
11,641
JPMorgan
Chase
&
Co
2,331,692
54,800
Kasikornbank
PCL
186,312
3,600
KB
Financial
Group
Inc
188,127
182,900
Mitsubishi
UFJ
Financial
Group
Inc
1,860,842
56,696
Nordea
Bank
Abp
640,930
1,362
PNC
Financial
Services
Group
Inc/The
220,099
35,500
Sumitomo
Mitsui
Financial
Group
Inc
2,075,781
24,234
(c),(d)
Wells
Fargo
&
Co
1,404,603
Total
Banks
17,281,456
Capital
Goods
-
4.0%
13,846
Airbus
SE
2,550,832
734
Allegion
plc
98,877
11,643
Ashtead
Group
PLC
829,321
970,200
Astra
International
Tbk
PT
315,209
1,347
(b)
Boeing
Co/The
259,958
1,892
(d)
Caterpillar
Inc
693,286
5,978
Cie
de
Saint-Gobain
SA
463,975
24,209
Contemporary
Amperex
Technology
Co
Ltd,
Class
A
632,947
250
Deere
&
Co
102,685
1,409
Dover
Corp
249,661
1,936
Eaton
Corp
PLC
605,348
3,377
Eiffage
SA
383,263
55,300
(b)
Embraer
SA
367,277
15,842
Ferrovial
SE
627,214
28,600
(b)
Hitachi
Ltd
2,613,479
5,186
Honeywell
International
Inc
1,064,427
37,458
Infratil
Ltd
243,709
1,890
Masco
Corp
149,083
253
Northrop
Grumman
Corp
121,101
638
Parker-Hannifin
Corp
354,594
3,840
Raytheon
Technologies
Corp
374,515
8,454
Siemens
AG
1,614,197
19,500
Techtronic
Industries
Co
Ltd
264,963
1,120
Trane
Technologies
PLC
336,224
836
United
Rentals
Inc
602,848
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
2
NMAI
Shares
Description
(a)
Value
Capital
Goods
(continued)
14,715
Vinci
SA
$
1,888,355
Total
Capital
Goods
17,807,348
Commercial
&
Professional
Services
-
0.9%
4,194
(b),(c)
Casella
Waste
Systems
Inc,
Class
A
414,661
167,389
Cleanaway
Waste
Management
Ltd
296,592
27,400
Infomart
Corp
74,848
26,400
Recruit
Holdings
Co
Ltd
1,159,138
6,869
(c)
Republic
Services
Inc
1,315,000
269
Veralto
Corp
23,850
4,182
Waste
Connections
Inc
719,346
1,337
Waste
Management
Inc
284,982
Total
Commercial
&
Professional
Services
4,288,417
Consumer
Discretionary
Distribution
&
Retail
-
1.3%
149,200
Alibaba
Group
Holding
Ltd
1,349,190
3,126
(c)
Alibaba
Group
Holding
Ltd,
Sponsored
ADR
226,197
9,524
(b),(c)
Amazon.com
Inc
1,717,939
15,692
(b)
Baozun
Inc
36,092
1
(b)
Belk
Inc
9
1,753
Home
Depot
Inc/The
672,451
20,719
JD.com
Inc,
ADR
567,493
57,850
JD.com
Inc,
Class
A
793,521
932
Lowe's
Cos
Inc
237,408
2,040
TJX
Cos
Inc/The
206,897
Total
Consumer
Discretionary
Distribution
&
Retail
5,807,197
Consumer
Durables
&
Apparel
-
1.1%
2,078
Kering
SA
823,060
875
LVMH
Moet
Hennessy
Louis
Vuitton
SE
787,322
10,526
Moncler
SpA
785,458
5,773
NIKE
Inc,
Class
B
542,547
34
(b)
NVR
Inc
275,399
24,400
Sony
Group
Corp
2,092,317
Total
Consumer
Durables
&
Apparel
5,306,103
Consumer
Services
-
1.1%
174,789
(b)
24
Hour
Fitness
Worldwide
Inc
1,398
83,128
(b)
24
Hour
Fitness
Worldwide
Inc
831
116,034
Arcos
Dorados
Holdings
Inc,
Class
A
1,290,298
49
Booking
Holdings
Inc
177,766
96
(b)
Crown
Finance
US
Inc
1,704
35,000
Galaxy
Entertainment
Group
Ltd
175,947
1,171
Hilton
Worldwide
Holdings
Inc
249,786
7,004
Las
Vegas
Sands
Corp
362,107
3,627
(d)
McDonald's
Corp
1,022,633
23,000
(b)
Meituan,
Class
B,
144A
283,914
32,851
(b)
Melco
Resorts
&
Entertainment
Ltd
236,856
14,556
(b)
Ollamani
SAB
26,294
13,500
Oriental
Land
Co
Ltd/Japan
432,482
1,330
Starbucks
Corp
121,549
438,000
(b)
Wynn
Macau
Ltd
391,464
9,804
Yum
China
Holdings
Inc
390,101
Total
Consumer
Services
5,165,130
Consumer
Staples
Distribution
&
Retail
-
0.7%
124,900
(b)
Almacenes
Exito
SA
312,785
1,301,835
(b)
Cia
Brasileira
de
Distribuicao
768,320
1,248
(d)
Costco
Wholesale
Corp
914,322
3
Shares
Description
(a)
Value
Consumer
Staples
Distribution
&
Retail
(continued)
125,683
Sendas
Distribuidora
S/A
$
368,624
18,093
Walmart
Inc
1,088,656
Total
Consumer
Staples
Distribution
&
Retail
3,452,707
Energy
-
4.8%
136,988
BP
PLC
859,384
8,581
(d)
Cheniere
Energy
Inc
1,383,944
3,162
(d)
Chevron
Corp
498,774
3,047
ConocoPhillips
387,822
2,914
(d)
Diamondback
Energy
Inc
577,467
50,570
(d)
Enbridge
Inc
1,829,623
6,582
Energy
Transfer
LP
103,535
8,968
(c)
Enterprise
Products
Partners
LP
261,686
1,948
EOG
Resources
Inc
249,032
39,776
Equinor
ASA
1,066,569
18,152
(c),(d)
Exxon
Mobil
Corp
2,109,989
10,049
Gibson
Energy
Inc
171,075
3,145
Keyera
Corp
81,008
41,042
(c)
Kinder
Morgan
Inc
752,710
8,650
MPLX
LP
359,494
12,058
(c)
ONEOK
Inc
966,690
18,392
Pembina
Pipeline
Corp
649,161
8,158
Reliance
Industries
Ltd,
Sponsored
GDR,
144A
582,481
23,706
Reliance
Industries
Ltd,
Sponsored
GDR,
144A
1,692,608
67,163
Shell
PLC
2,228,434
32,484
(b)
Tal
Shares
Quartenorth
Entitlement
452,508
6,371
(d)
Targa
Resources
Corp
713,488
14,296
TC
Energy
Corp
574,563
12,398
TotalEnergies
SE
852,851
7,368
(b)
Transocean
Ltd
46,271
4,953
(d)
Valero
Energy
Corp
845,428
33,119
(d)
Williams
Cos
Inc/The
1,290,647
Total
Energy
21,587,242
Financial
Services
-
1.4%
2,538
American
Express
Co
577,877
32,300
Banco
BTG
Pactual
SA
234,615
1,315
(b),(d)
Berkshire
Hathaway
Inc,
Class
B
552,984
283
BlackRock
Inc
235,937
7,057
Charles
Schwab
Corp/The
510,503
1,752
(b)
Fiserv
Inc
280,005
882
Goldman
Sachs
Group
Inc/The
368,403
14,000
Hong
Kong
Exchanges
&
Clearing
Ltd
407,936
1,954
Intercontinental
Exchange
Inc
268,538
1,189
Mastercard
Inc,
Class
A
572,587
5,496
Morgan
Stanley
517,503
24,700
ORIX
Corp
540,232
473
S&P
Global
Inc
201,238
18,900
SBI
Holdings
Inc
495,749
2,214
(d)
Visa
Inc,
Class
A
617,883
Total
Financial
Services
6,381,990
Food,
Beverage
&
Tobacco
-
1.3%
9,179
(d)
Coca-Cola
Co/The
561,571
7,085
Diageo
PLC
262,161
13,642
Fomento
Economico
Mexicano
SAB
de
CV,
Sponsored
ADR
1,777,143
8,331
Heineken
NV
803,172
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
4
NMAI
Shares
Description
(a)
Value
Food,
Beverage
&
Tobacco
(continued)
6,505
Keurig
Dr
Pepper
Inc
$
199,508
4,903
Mondelez
International
Inc,
Class
A
343,210
7,343
(b)
Monster
Beverage
Corp
435,293
4,100
Nestle
SA
435,625
972
PepsiCo
Inc
170,110
9,063
Philip
Morris
International
Inc
830,352
Total
Food,
Beverage
&
Tobacco
5,818,145
Health
Care
Equipment
&
Services
-
1.1%
4,943
Abbott
Laboratories
561,821
8,108
(b)
Boston
Scientific
Corp
555,317
703
Cigna
Group/The
255,323
1,017
Elevance
Health
Inc
527,355
4,639
EssilorLuxottica
SA
1,049,395
891
HCA
Healthcare
Inc
297,175
135
Humana
Inc
46,807
2,545
Medtronic
PLC
221,797
12,280
(b),(e)
Millennium
Health
LLC
1,289
11,534
(b),(e)
Millennium
Health
LLC
58
1,654
(c)
Stryker
Corp
591,917
2,196
(d)
UnitedHealth
Group
Inc
1,086,362
Total
Health
Care
Equipment
&
Services
5,194,616
Household
&
Personal
Products
-
0.5%
238,789
Haleon
PLC
1,000,712
7,085
Kenvue
Inc
152,044
5,753
(d)
Procter
&
Gamble
Co/The
933,424
8,471
Unilever
PLC
425,259
Total
Household
&
Personal
Products
2,511,439
Insurance
-
0.6%
52,400
AIA
Group
Ltd
352,472
4,679
American
International
Group
Inc
365,757
1,325
Chubb
Ltd
343,347
2,312
Marsh
&
McLennan
Cos
Inc
476,226
2,791
MetLife
Inc
206,841
89,000
Ping
An
Insurance
Group
Co
of
China
Ltd
377,866
1,453
Zurich
Insurance
Group
AG
784,932
Total
Insurance
2,907,441
Materials
-
2.5%
11,031
Anglo
American
PLC
271,835
32,990
BHP
Group
Ltd
953,871
821
Celanese
Corp
141,097
8,253
Corteva
Inc
475,951
21,129
(c)
CRH
PLC
1,822,588
6,694
Crown
Holdings
Inc
530,566
3,269
DuPont
de
Nemours
Inc
250,634
18,389
Freeport-McMoRan
Inc
864,651
253,249
Glencore
PLC
1,389,718
8,604
Heidelberg
Materials
AG
947,140
6,663
Linde
PLC
3,093,764
6,018
Newmont
Corp
215,685
789
Packaging
Corp
of
America
149,736
290
Reliance
Inc
96,912
23,700
Vale
SA
287,449
16,432
Vale
SA,
Sponsored
ADR
200,306
Total
Materials
11,691,903
5
Shares
Description
(a)
Value
Media
&
Entertainment
-
1.6%
4,628
(b),(d)
Alphabet
Inc,
Class
A
$
698,504
1,051
(b)
Alphabet
Inc,
Class
C
160,025
30,600
(b)
Baidu
Inc,
Class
A
402,837
14,225
Cineworld
Group
PLC
252,494
12,442
Comcast
Corp,
Class
A
539,361
58,224
Grupo
Televisa
SAB,
Sponsored
ADR
186,317
67,358
(b)
HUYA
Inc,
ADR
306,479
3,291
(d)
Meta
Platforms
Inc
1,598,044
33,110
Nintendo
Co
Ltd
1,806,633
4,736
(b)
Sea
Ltd,
ADR
254,371
17,700
Tencent
Holdings
Ltd
689,414
5,880
(d)
Walt
Disney
Co/The
719,477
Total
Media
&
Entertainment
7,613,956
Pharmaceuticals,
Biotechnology
&
Life
Sciences
-
2.9%
2,406
AbbVie
Inc
438,133
17,022
AstraZeneca
PLC
2,286,800
47,600
Daiichi
Sankyo
Co
Ltd
1,514,578
924
Danaher
Corp
230,741
1,186
Eli
Lilly
&
Co
922,661
2,529
Gilead
Sciences
Inc
185,249
3,318
Johnson
&
Johnson
524,874
1,403
Lonza
Group
AG
838,430
6,537
(d)
Merck
&
Co
Inc
862,557
12,193
Novartis
AG
1,180,994
32,912
Novo
Nordisk
A/S,
Class
B
4,221,734
2,855
Sanofi,
ADR
138,753
1,014
Zoetis
Inc
171,579
Total
Pharmaceuticals,
Biotechnology
&
Life
Sciences
13,517,083
Semiconductors
&
Semiconductor
Equipment
-
3.8%
26,200
Advantest
Corp
1,163,879
973
Analog
Devices
Inc
192,450
1,278
Applied
Materials
Inc
263,562
2,354
ASML
Holding
NV
2,282,111
3,087
(b)
Bright
Bidco
BV
1,007
4,217
(b)
Bright
Bidco
BV
1,375
1,349
Broadcom
Inc
1,787,978
15,031
Infineon
Technologies
AG
511,137
3,115
Intel
Corp
137,590
163
Lam
Research
Corp
158,366
14,000
MediaTek
Inc
507,280
2,229
Micron
Technology
Inc
262,777
3,035
(d)
NVIDIA
Corp
2,742,304
875
NXP
Semiconductors
NV
216,799
8,000
Silergy
Corp
81,838
6,072
SK
Hynix
Inc
804,390
50,500
SUMCO
Corp
798,443
120,000
Taiwan
Semiconductor
Manufacturing
Co
Ltd
2,874,743
16,239
(c),(d)
Taiwan
Semiconductor
Manufacturing
Co
Ltd,
Sponsored
ADR
2,209,316
970
Texas
Instruments
Inc
168,984
20,911
Will
Semiconductor
Co
Ltd
Shanghai,
Class
A
285,293
42,309
Win
Semiconductors
Corp
192,398
Total
Semiconductors
&
Semiconductor
Equipment
17,644,020
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
6
NMAI
Shares
Description
(a)
Value
Software
&
Services
-
1.4%
1,413
Accenture
PLC,
Class
A
$
489,760
21,660
(b)
Avaya
Inc
119,130
4,662
(b)
Avaya
Inc
25,641
239,200
LWSA
SA,
144A
278,528
8,842
(d)
Microsoft
Corp
3,720,006
2,676
Oracle
Corp
336,132
2,358
(d)
Salesforce
Inc
710,182
839
(b),(d)
ServiceNow
Inc
639,654
Total
Software
&
Services
6,319,033
Technology
Hardware
&
Equipment
-
1.6%
13,255
(d)
Apple
Inc
2,272,967
4,571
Cisco
Systems
Inc
228,139
46,192
E
Ink
Holdings
Inc
327,780
1,038
Motorola
Solutions
Inc
368,469
2,030
Samsung
Electro-Mechanics
Co
Ltd
226,183
52,683
Samsung
Electronics
Co
Ltd
3,166,116
1,002
Samsung
SDI
Co
Ltd
355,363
1,769
TE
Connectivity
Ltd
256,930
Total
Technology
Hardware
&
Equipment
7,201,947
Telecommunication
Services
-
0.3%
14,379
Cellnex
Telecom
SA,
144A
508,653
19,058
Infrastrutture
Wireless
Italiane
SpA
216,269
163,880
Koninklijke
KPN
NV
612,977
1,608
T-Mobile
US
Inc
262,458
Total
Telecommunication
Services
1,600,357
Transportation
-
3.6%
12,390
Aena
SME
SA
2,440,255
2,502
Aeroports
de
Paris
343,060
7,360
(b)
Athens
International
Airport
SA
67,493
133,162
Atlas
Arteria
Ltd
462,389
219,344
Auckland
International
Airport
Ltd
1,094,243
4,514
Canadian
National
Railway
Co
594,539
3,386
Canadian
Pacific
Railway
Ltd
298,544
7,100
Central
Japan
Railway
Co
176,331
78,000
China
Merchants
Port
Holdings
Co
Ltd
93,527
20,019
(c)
CSX
Corp
742,104
10,505
DHL
Group
452,738
4,201
DSV
A/S
682,892
32,100
East
Japan
Railway
Co
615,843
4,087
Flughafen
Zurich
AG
928,039
8,670
(b)
Fraport
AG
Frankfurt
Airport
Services
Worldwide
456,935
42,511
Getlink
SE
723,809
4,594
Grupo
Aeroportuario
del
Centro
Norte
SAB
de
CV,
ADR
363,339
3,205
(d)
Grupo
Aeroportuario
del
Pacifico
SAB
de
CV,
ADR
522,960
87
(b)
Grupo
Aeroportuario
del
Sureste
SAB
de
CV,
ADR
27,725
36,550
International
Container
Terminal
Services
Inc
206,758
17,900
Japan
Airport
Terminal
Co
Ltd
707,338
13,900
Kamigumi
Co
Ltd
306,321
866
Norfolk
Southern
Corp
220,717
40,869
Port
of
Tauranga
Ltd
131,853
59,857
Qube
Holdings
Ltd
132,993
241,834
Transurban
Group
2,097,938
7
Shares
Description
(a)
Value
Transportation
(continued)
5,762
(d)
Union
Pacific
Corp
$
1,417,049
831
United
Parcel
Service
Inc,
Class
B
123,512
Total
Transportation
16,431,244
Utilities
-
4.9%
912
AltaGas
Ltd
20,145
3,968
Ameren
Corp
293,473
1,938
American
Electric
Power
Co
Inc
166,862
5,097
(c)
American
Water
Works
Co
Inc
622,904
52,661
APA
Group
288,634
502
Brookfield
Renewable
Corp,
Class
A
12,334
26,263
(c)
CenterPoint
Energy
Inc
748,233
32,500
CK
Infrastructure
Holdings
Ltd
190,348
5,617
Clearway
Energy
Inc,
Class
C
129,472
21,000
CLP
Holdings
Ltd
167,501
12,301
(d)
CMS
Energy
Corp
742,242
12,487
Contact
Energy
Ltd
64,576
5,100
Dominion
Energy
Inc
250,869
4,411
DTE
Energy
Co
494,650
7,899
(c)
Duke
Energy
Corp
763,912
46,401
E.ON
SE
645,991
41,571
EDP
-
Energias
de
Portugal
SA
162,195
10,063
Enagas
SA
149,494
163,763
Enel
SpA
1,081,081
27,172
Engie
SA
455,330
7,085
(c)
Entergy
Corp
748,743
16,703
Evergy
Inc
891,606
2,140
Eversource
Energy
127,908
9,010
Exelon
Corp
338,506
6,923
Hydro
One
Ltd
201,881
42,042
Iberdrola
SA
522,176
20,849
Italgas
SpA
121,462
5,613
(c)
National
Grid
PLC,
Sponsored
ADR
382,919
33,645
(d)
NextEra
Energy
Inc
2,150,253
18,874
(c)
NiSource
Inc
522,055
28,694
(c)
PG&E
Corp
480,911
1,538
Pinnacle
West
Capital
Corp
114,935
13,732
Redeia
Corp
SA
234,557
32,794
RWE
AG
1,114,576
74,800
Sembcorp
Industries
Ltd
299,023
2,919
Sempra
209,672
10,896
Severn
Trent
PLC
339,991
128,015
Snam
SpA
604,449
27,872
Southern
Co/The
1,999,537
16,168
SSE
PLC
337,070
99,841
Terna
-
Rete
Elettrica
Nazionale
825,257
18,396
Veolia
Environnement
SA
598,455
2,926
WEC
Energy
Group
Inc
240,283
21,179
(c)
Xcel
Energy
Inc
1,138,371
Total
Utilities
21,994,842
Total
Common
Stocks
(cost
$166,471,627)
210,918,988
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
-
17.6%
(13.0%
of
Total
Investments)
X
81,437,269
$
300
Avis
Budget
Rental
Car
Funding
AESOP
LLC,
2019
3A,
144A
2.360%
3/20/26
$
292,815
420
BANK
2019-BNK24,
2019
BN24
3.283%
11/15/62
373,108
350
(f)
BX
Commercial
Mortgage
Trust
2021-CIP,
(TSFR1M
reference
rate
+
1.035%
spread),
2021
CIP,
144A
6.360%
12/15/38
346,595
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
8
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X–
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
(continued)
$
300
CD
2017-CD6
Mortgage
Trust,
2017
CD6
3.456%
11/13/50
$
280,530
1,040
(f)
Connecticut
Avenue
Securities
Trust
2022-R03,
(SOFR30A
reference
rate
+
3.500%
spread),
2022
R03,
144A
8.820%
3/25/42
1,091,689
410
(f)
Connecticut
Avenue
Securities
Trust
2022-R04,
(SOFR30A
reference
rate
+
3.100%
spread),
2022
R04,
144A
8.420%
3/25/42
426,752
475
(f)
Connecticut
Avenue
Securities
Trust
2022-R05,
(SOFR30A
reference
rate
+
7.000%
spread),
2022
R05,
144A
12.320%
4/25/42
518,554
60
(f)
Connecticut
Avenue
Securities
Trust
2022-R05,
(SOFR30A
reference
rate
+
3.000%
spread),
2022
R05,
144A
8.320%
4/25/42
61,943
970
(f)
Connecticut
Avenue
Securities
Trust
2022-R06,
(SOFR30A
reference
rate
+
3.850%
spread),
2022
R06,
144A
9.170%
5/25/42
1,030,296
900
(f)
Connecticut
Avenue
Securities
Trust
2022-R07,
(SOFR30A
reference
rate
+
4.650%
spread),
2022
R07,
144A
9.971%
6/25/42
979,663
35
(f)
Connecticut
Avenue
Securities
Trust
2022-R08,
(Update
NuveenReferenceRate_Name
reference
rate
+
3.600%
spread),
2022
R08,
144A
8.920%
7/25/42
37,015
105
(f)
Connecticut
Avenue
Securities
Trust
2022-R09,
(SOFR30A
reference
rate
+
4.750%
spread),
2022
R09,
144A
10.071%
9/25/42
114,952
500
(f)
Connecticut
Avenue
Securities
Trust
2023-R01,
(SOFR30A
reference
rate
+
3.750%
spread),
2023
R01,
144A
9.071%
12/25/42
535,396
210
(f)
Connecticut
Avenue
Securities
Trust
2023-R06,
(SOFR30A
reference
rate
+
3.900%
spread),
2023
R06,
144A
9.188%
7/25/43
221,236
714
(g)
Fannie
Mae
Pool,
FN
MA4785
5.000%
10/01/52
697,235
508
(g)
Fannie
Mae
Pool,
FN
BW3383
4.500%
7/01/52
483,434
481
Fannie
Mae
Pool,
FN
MA5106
5.000%
8/01/53
469,367
836
(g)
Fannie
Mae
Pool,
FN
CB2795
3.000%
2/01/52
719,018
539
Fannie
Mae
Pool,
FN
FS7299
3.000%
5/01/52
468,562
2,072
(g)
Fannie
Mae
Pool,
FN
FS0522
2.500%
2/01/52
1,734,662
3,486
(g)
Fannie
Mae
Pool,
FN
MA4600,
2022
2
3.500%
5/01/52
3,121,914
801
(g)
Fannie
Mae
Pool,
FN
MA5039
5.500%
6/01/53
797,575
3,564
(g)
Fannie
Mae
Pool,
FN
MA4733
4.500%
9/01/52
3,393,539
930
(g)
Fannie
Mae
Pool,
FN
MA4644,
2022
1
4.000%
5/01/52
862,363
3,872
(g)
Fannie
Mae
Pool,
FN
MA4805,
2022
1
4.500%
11/01/52
3,687,325
966
(g)
Fannie
Mae
Pool,
FN
MA5165
5.500%
10/01/53
960,645
2,736
(g)
Fannie
Mae
Pool,
FN
MA4655
4.000%
7/01/52
2,537,325
4,052
(g)
Fannie
Mae
Pool,
FN
MA4737,
2022
1
5.000%
8/01/52
3,956,862
2,497
(g)
Fannie
Mae
Pool,
FN
MA4919
5.500%
2/01/53
2,490,842
4,417
(g)
Fannie
Mae
Pool,
FN
MA4732
4.000%
9/01/52
4,096,666
1,983
(g)
Fannie
Mae
Pool,
FN
MA4700,
2022
1
4.000%
7/01/52
1,839,539
1,291
(g)
Fannie
Mae
Pool,
FN
CB3599
3.500%
5/01/52
1,160,484
1,206
(g)
Fannie
Mae
Pool,
FN
MA4918
5.000%
2/01/53
1,177,261
1,223
(g)
Fannie
Mae
Pool,
FN
MA4942
6.000%
3/01/53
1,234,773
1,409
(g)
Fannie
Mae
Pool,
FN
CB3905
3.500%
6/01/52
1,261,601
151
Fannie
Mae
Pool,
FN
MA4920
6.000%
2/01/53
152,463
1,434
(g)
Fannie
Mae
Pool,
FN
MA4626
4.000%
6/01/52
1,330,460
1,625
(g)
Fannie
Mae
Pool,
FN
FS1533
3.000%
4/01/52
1,413,977
1,753
(g)
Fannie
Mae
Pool,
FN
FS1535
3.000%
4/01/52
1,519,332
1,879
(g)
Fannie
Mae
Pool,
FN
CB2211
2.500%
11/01/51
1,557,274
2,781
(g)
Fannie
Mae
Pool,
FN
MA4783
4.000%
10/01/52
2,579,066
4,713
(g)
Fannie
Mae
Pool,
FN
BW3382
4.500%
7/01/52
4,486,487
409
Freddie
Mac
Pool,
FR
SD4810
3.000%
4/01/52
357,237
1,663
(g)
Freddie
Mac
Pool,
FR
RA9629
5.500%
8/01/53
1,655,568
928
(g)
Freddie
Mac
Pool,
FR
QE5382
4.500%
7/01/52
883,450
1,497
(g)
Freddie
Mac
Pool,
FR
SD0922
2.500%
3/01/52
1,252,599
852
(g)
Freddie
Mac
Pool,
FR
SD8220
3.000%
6/01/52
733,969
1,194
Freddie
Mac
REMICS,
2021
5160
3.000%
9/25/50
838,211
500
(f)
Freddie
Mac
STACR
REMIC
Trust
2020-DNA5,
(SOFR30A
reference
rate
+
4.800%
spread),
2020
DNA5,
144A
10.120%
10/25/50
562,218
695
(f)
Freddie
Mac
STACR
REMIC
Trust
2022-DNA3,
(SOFR30A
reference
rate
+
2.900%
spread),
2022
DNA3,
144A
8.220%
4/25/42
719,603
9
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X–
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
(continued)
$
275
(f)
Freddie
Mac
STACR
REMIC
Trust
2022-DNA4,
(SOFR30A
reference
rate
+
3.350%
spread),
2022
DNA4,
144A
8.670%
5/25/42
$
287,750
1,000
(f)
Freddie
Mac
STACR
REMIC
Trust
2022-DNA5,
(SOFR30A
reference
rate
+
4.500%
spread),
2022
DNA5,
144A
9.820%
6/25/42
1,083,007
165
(f)
Freddie
Mac
STACR
REMIC
Trust
2022-HQA2,
(SOFR30A
reference
rate
+
4.000%
spread),
2022
HQA2,
144A
9.320%
7/25/42
175,735
285
(f)
Freddie
Mac
STACR
REMIC
Trust
2023-DNA1,
(SOFR30A
reference
rate
+
3.100%
spread),
2023
DNA1,
144A
8.444%
3/25/43
299,440
920
(g)
Ginnie
Mae
II
Pool,
G2
MA8200
4.000%
8/20/52
860,769
1,452
(g)
Ginnie
Mae
II
Pool,
G2
MA8149
3.500%
7/20/52
1,320,989
489
(g)
Ginnie
Mae
II
Pool,
G2
MA7871,
2022
1
2.500%
2/20/52
402,041
719
(g)
Ginnie
Mae
II
Pool,
G2
MA8428
5.000%
11/20/52
706,985
732
Ginnie
Mae
II
Pool,
G2
MA8043
3.000%
5/20/52
645,635
849
(g)
Government
National
Mortgage
Association,
2013
188
2.500%
12/20/43
740,870
237
Government
National
Mortgage
Association,
2021
209
3.000%
11/20/51
168,674
251
Government
National
Mortgage
Association,
2022
124
4.000%
7/20/52
201,825
407
(g)
Government
National
Mortgage
Association,
2023
111
3.000%
2/20/52
276,316
448
(g)
Government
National
Mortgage
Association,
2022
174
4.500%
9/20/52
400,227
100
(f)
GS
Mortgage
Securities
Corp
Trust
2021-ARDN,
(TSFR1M
reference
rate
+
1.364%
spread),
2021
ARDN,
144A
6.690%
11/15/36
98,438
859
GS
Mortgage-Backed
Securities
Corp
Trust
2022-PJ2,
2022
PJ2,
144A
3.000%
6/25/52
714,185
301
GS
Mortgage-Backed
Securities
Trust
2021-PJ10,
2021
PJ10,
144A
2.500%
3/25/52
239,990
443
GS
Mortgage-Backed
Securities
Trust
2022-GR2,
2022
GR2,
144A
3.000%
8/26/52
367,806
313
GS
Mortgage-Backed
Securities
Trust
2022-HP1,
2022
HP1,
144A
3.000%
9/25/52
259,734
515
GS
Mortgage-Backed
Securities
Trust
2022-INV1,
2022
INV1,
144A
3.000%
7/25/52
427,764
256
GS
Mortgage-Backed
Securities
Trust
2022-PJ5,
2022
PJ5,
144A
3.000%
10/25/52
212,516
263
GS
Mortgage-Backed
Securities
Trust
2023-PJ1,
2023
PJ1,
144A
3.500%
2/25/53
227,444
250
Hertz
Vehicle
Financing
III
LLC,
2023
3A,
144A
5.940%
2/25/28
253,702
250
(e)
Industrial
DPR
Funding
Ltd,
2022
1A,
144A
5.380%
4/15/34
213,863
353
J.P.
Morgan
Mortgage
Trust
2022-4,
2022
4,
144A
3.000%
10/25/52
293,236
225
J.P.
Morgan
Mortgage
Trust
2022-6,
2022
6,
144A
3.000%
11/25/52
187,055
543
J.P.
Morgan
Mortgage
Trust
2022-INV3,
2022
INV3,
144A
3.000%
9/25/52
450,771
135
J.P.
Morgan
Mortgage
Trust
2022-LTV2,
2022
LTV2,
144A
3.500%
9/25/52
116,678
1,695
JP
Morgan
Mortgage
Trust,
2022
LTV1,
144A
3.250%
7/25/52
1,451,177
1,232
JP
Morgan
Mortgage
Trust
2022-2,
2022
2,
144A
3.000%
8/25/52
1,023,619
755
JP
Morgan
Mortgage
Trust
2022-3,
2022
3,
144A
3.000%
8/25/52
627,505
630
JP
Morgan
Mortgage
Trust
Series
2024-3,
2024
3,
144A
3.000%
5/25/54
521,227
209
MVW
2020-1
LLC,
2020
1A,
144A
1.740%
10/20/37
196,022
299
OBX
2022-INV5
Trust,
2022
INV5,
144A
4.000%
10/25/52
268,152
300
One
Bryant
Park
Trust
2019-OBP,
2019
OBP,
144A
2.516%
9/15/54
256,646
300
OneMain
Financial
Issuance
Trust
2022-2,
2022
2A,
144A
4.890%
10/14/34
297,860
250
PenFed
Auto
Receivables
Owner
Trust
2022-A,
2022
A,
144A
4.600%
12/15/28
245,471
696
RCKT
Mortgage
Trust
2022-2,
2022
2,
144A
2.500%
2/25/52
555,214
92
RCKT
Mortgage
Trust
2022-3,
2022
3,
144A
3.000%
5/25/52
76,248
187
RCKT
Mortgage
Trust
2022-4,
2022
4,
144A
3.500%
6/25/52
162,184
85
Tesla
Auto
Lease
Trust
2023-A,
2023
A,
144A
5.860%
8/20/25
84,774
116
Wells
Fargo
Mortgage
Backed
Securities
2021-2
Trust,
2021
2,
144A
2.500%
6/25/51
92,717
179
Wells
Fargo
Mortgage
Backed
Securities
2022-2
Trust,
2022
2,
144A
2.500%
12/25/51
142,834
219
Wells
Fargo
Mortgage
Backed
Securities
2022-INV1
Trust,
2022
INV1,
144A
3.500%
3/25/52
189,557
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
10
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X–
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
(continued)
$
132
Wells
Fargo
Mortgage
Backed
Securities
2022-INV1
Trust,
2022
INV1,
144A
3.000%
3/25/52
$
109,167
Total
Asset-Backed
and
Mortgage-Backed
Securities
(cost
$84,119,229)
81,437,269
Shares
Description
(a)
Value
X
–
EXCHANGE-TRADED
FUNDS
-
12
.9
%
(
9
.5
%
of
Total
Investments)
X
59,504,865
642,894
iShares
Core
MSCI
Emerging
Markets
ETF
$
33,173,330
18,839
iShares
MSCI
India
ETF
971,904
17,939
iShares
MSCI
Saudi
Arabia
ETF
792,186
320,431
Vanguard
Short-Term
Bond
ETF
24,567,445
Total
Exchange-Traded
Funds
(cost
$55,857,221)
59,504,865
Principal
Amount
(000)
Description
(a)
Coupon
(h)
Reference
Rate
(h)
Spread
(h)
Maturity
(i)
Value
–
VARIABLE
RATE
SENIOR
LOAN
INTERESTS
-
11
.3
%
(
8
.3
%
of
Total
Investments)
(h)
X
52,345,676
Automobiles
&
Components
-
0.2%
$
237
Adient
US
LLC,
Term
Loan
B
8.579%
TSFR1M
3.250%
4/10/28
$
237,867
389
Clarios
Global
LP,
Term
Loan
B
8.330%
TSFR1M
3.000%
5/06/30
390,485
87
Dexko
Global
Inc
9.321%
TSFR3M
3.750%
10/04/28
86,028
21
Dexko
Global
Inc
9.360%
ICE
Libor
USD
1
Month
3.750%
10/04/28
21,264
75
Phinia
Inc
9.426%
TSFR1M
4.000%
7/03/28
74,883
Total
Automobiles
&
Components
810,527
Capital
Goods
-
0.8%
194
ACProducts
Holdings
Inc
9.860%
TSFR3M
4.250%
5/17/28
177,867
2
AECOM,
Term
Loan
B
7.192%
TSFR1M
1.750%
4/13/28
2,468
181
Ali
Group
SRL
7.445%
ICE
Libor
USD
1
Month
2.000%
10/13/28
180,828
35
ASP
Blade
Holdings,
Inc,
Term
Loan
9.610%
TSFR1M
4.000%
10/16/28
31,669
81
Avolon
TLB
Borrower
1
(US)
LLC,
Term
Loan
B6
7.329%
TSFR1M
2.000%
6/22/28
80,682
87
Centuri
Group,
Inc,
Term
Loan
B
7.829%
TSFR1M
2.500%
8/28/28
86,996
149
Chamberlain
Group
Inc,
Term
Loan
B
8.680%
ICE
Libor
USD
1
Month
3.250%
10/22/28
149,026
70
Chariot
Buyer
LLC
9.080%
TSFR1M
3.750%
11/03/28
70,233
224
Chart
Industries,
Inc.,
Term
Loan
8.673%
TSFR1M
3.250%
3/18/30
224,518
173
Core
&
Main
LP,
Term
Loan
B
7.971%
TSFR1M
2.500%
6/10/28
173,421
21
Cornerstone
Building
Brands,
Inc.,
Term
Loan
B
8.675%
TSFR1M
3.250%
4/12/28
20,566
150
Emrld
Borrower
LP,
Term
Loan
B
,
(WI/DD)
TBD
TBD
TBD
TBD
150,113
242
Filtration
Group
Corp
8.941%
TSFR1M
3.500%
10/21/28
242,726
357
Fly
Funding
II
Sarl
7.330%
TSFR3M
1.750%
8/11/25
350,661
262
Gates
Global
LLC,
Term
Loan
B3
7.930%
TSFR1M
2.500%
3/31/27
263,139
85
MIWD
Holdco
II
LLC
,
(WI/DD)
TBD
TBD
TBD
TBD
85,505
164
Quikrete
Holdings,
Inc.,
Term
Loan,
First
Lien
8.070%
TSFR1M
2.625%
1/29/27
164,771
70
SRS
Distribution
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
70,468
203
Standard
Industries
Inc.,
Term
Loan
B
7.693%
TSFR1M
2.500%
9/22/28
203,437
88
TransDigm,
Inc.,
Term
Loan
I
8.570%
TSFR3M
3.250%
8/24/28
88,444
434
Victory
Buyer
LLC
9.342%
TSFR1M
3.750%
11/18/28
413,440
11
Principal
Amount
(000)
Description
(a)
Coupon
(h)
Reference
Rate
(h)
Spread
(h)
Maturity
(i)
Value
Capital
Goods
(continued)
$
359
Windsor
Holdings
III,
LLC,
Term
Loan
B
9.823%
TSFR1M
4.500%
8/01/30
$
360,953
Total
Capital
Goods
3,591,931
Commercial
&
Professional
Services
-
0.8%
210
Allied
Universal
Holdco
LLC,
Term
Loan
B
9.180%
TSFR1M
3.750%
5/15/28
209,626
181
Amentum
Government
Services
Holdings
LLC,
Term
Loan
9.329%
TSFR1M
4.000%
2/07/29
181,936
223
Anticimex
Global
AB
8.826%
TSFR3M
3.500%
11/16/28
223,965
112
CHG
Healthcare
Services
Inc.,
Term
Loan
8.691%
TSFR1M
3.250%
9/29/28
112,635
173
Covanta
Holding
Corporation,
Term
Loan
B
7.826%
TSFR1M
2.500%
11/30/28
172,858
13
Covanta
Holding
Corporation,
Term
Loan
C
7.826%
TSFR1M
2.500%
11/30/28
13,179
116
Dun
&
Bradstreet
Corporation
(The),
Term
Loan
B
8.082%
TSFR1M
2.750%
2/09/26
116,473
77
EVERTEC
Group
LLC
8.830%
TSFR1M
3.500%
10/15/30
76,787
250
Garda
World
Security
Corp
9.583%
TSFR1M
4.250%
2/01/29
250,783
321
GFL
Environmental
Inc.,
Term
Loan
7.816%
TSFR1M
3.000%
5/30/25
322,526
466
GTCR
W
Merger
Sub
LLC,
Term
Loan
B
8.309%
SOFR30A
3.000%
1/31/31
468,233
101
LABL
Inc
10.426%
ICE
Libor
USD
1
Month
5.000%
10/29/28
99,445
150
OMNIA
Partners
LLC
9.074%
TSFR1M
3.750%
7/25/30
150,867
199
Trans
Union,
LLC,
Term
Loan
B5
7.176%
TSFR1M
1.750%
11/13/26
198,957
241
Verscend
Holding
Corp.,
Term
Loan
B
9.445%
TSFR1M
4.000%
8/27/25
241,054
199
Vertical
US
Newco
Inc,
Term
Loan
B
9.081%
TSFR6M
3.500%
7/30/27
199,401
35
VT
Topco
Inc
9.579%
TSFR1M
4.250%
8/12/30
35,050
516
WIN
Waste
Innovations
Holdings,
Inc.,
Term
Loan
B
8.195%
TSFR1M
2.750%
3/27/28
482,055
Total
Commercial
&
Professional
Services
3,555,830
Consumer
Discretionary
Distribution
&
Retail
-
0.5%
39
Avis
Budget
Car
Rental,
LLC,
Term
Loan
B
7.195%
TSFR1M
1.750%
8/06/27
38,543
117
Avis
Budget
Car
Rental,
LLC,
Term
Loan
C
8.430%
TSFR1M
3.000%
3/16/29
117,726
2
Belk,
Inc.,
Term
Loan
15.000%
TSFR3M
7.500%
7/31/25
1,561
8
Belk,
Inc.,
Term
Loan
,
(cash
5.000%,
PIK
8.000%)
10.000%
N/A
N/A
7/31/25
1,649
103
CI
Maroon
Holdings
LLC
,
(WI/
DD)
TBD
TBD
TBD
TBD
103,515
65
CNT
Holdings
I
Corp
,Term
Loan
,
(WI/DD)
TBD
TBD
TBD
TBD
65,198
304
CNT
Holdings
I
Corp,
Term
Loan
8.817%
TSFR1M
3.500%
11/08/27
305,343
244
Driven
Holdings,
LLC,
Term
Loan
B
8.441%
TSFR1M
3.000%
12/18/28
244,677
97
EOS
US
Finco
LLC
11.309%
TSFR1M
6.000%
8/03/29
80,358
114
Fastlane
Parent
Co
Inc
9.830%
TSFR1M
4.500%
9/29/28
114,476
271
(j)
Jo-Ann
Stores,
Inc.,
Term
Loan
B1
10.336%
TSFR3M
4.750%
6/30/28
7,203
104
Kodiak
BP
LLC
,
(WI/DD)
TBD
TBD
TBD
TBD
104,130
153
Les
Schwab
Tire
Centers,
Term
Loan
B
8.684%
TSFR1M
3.250%
11/02/27
153,781
65
Mister
Car
Wash
Holdings
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
65,230
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
12
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
(h)
Reference
Rate
(h)
Spread
(h)
Maturity
(i)
Value
Consumer
Discretionary
Distribution
&
Retail
(continued)
$
614
PetSmart,
Inc.,
Term
Loan
B
9.180%
SOFR30A
3.750%
2/12/28
$
612,429
177
Restoration
Hardware,
Inc.,
Term
Loan
B
7.941%
ICE
Libor
USD
1
Month
2.500%
10/15/28
172,722
124
Staples,
Inc.,
Term
Loan
10.440%
ICE
Libor
USD
3
Month
5.000%
4/13/26
123,358
140
Wand
NewCo
3,
Inc.,
Term
Loan
B
8.598%
SOFR90A
3.250%
1/30/31
140,558
Total
Consumer
Discretionary
Distribution
&
Retail
2,452,457
Consumer
Durables
&
Apparel
-
0.2%
100
(k)
AI
Aqua
Merger
Sub
Inc
8.811%
TSFR1M
4.250%
7/31/28
100,573
123
AI
Aqua
Merger
Sub,
Inc.,
Term
Loan
B,
First
Lien
9.072%
TSFR1M
3.750%
7/31/28
123,818
84
Birkenstock
GmbH
&
Co.
KG,
Term
Loan
B
8.827%
TSFR1M
3.750%
4/28/28
84,721
6
Serta
Simmons
Bedding
Inc
12.820%
TSFR1M
7.500%
8/10/23
5,110
60
SRAM,
LLC
,
Term
Loan
B
8.195%
TSFR1M
2.750%
5/18/28
60,345
65
Topgolf
Callaway
Brands
Corp
8.926%
TSFR1M
3.500%
3/09/30
64,647
326
Weber-Stephen
Products
LLC,
Term
Loan
B
8.691%
TSFR1M
3.250%
10/29/27
302,071
Total
Consumer
Durables
&
Apparel
741,285
Consumer
Services
-
1.0%
390
24
Hour
Fitness
Worldwide,
Inc.,
Term
Loan
,
(cash
0.220%,
PIK
5.000%)
10.320%
SOFR90A
5.000%
12/29/25
191,596
243
Alterra
Mountain
Company,
Term
Loan
8.945%
TSFR1M
3.500%
8/17/28
243,818
175
AVSC
Holding
Corp
,
(cash
5.000%,
PIK
10.000%)
5.000%
3-Month
LIBOR
10.000%
12/04/26
183,845
208
Caesars
Entertainment
Corp,
Term
Loan
B
8.663%
TSFR1M
3.250%
1/25/30
209,280
172
Carnival
Corporation,
Term
Loan
B
8.319%
TSFR1M
3.000%
8/09/27
172,168
218
Churchill
Downs
Incorporated,
Term
Loan
B1
7.430%
TSFR1M
2.000%
3/17/28
217,897
642
ClubCorp
Holdings,
Inc.,
Term
Loan
B2
10.320%
TSFR1M
5.000%
9/18/26
644,166
420
Fertitta
Entertainment,
LLC,
Term
Loan
B
9.077%
SOFR30A
4.000%
1/29/29
421,604
235
Formula
One
Holdings
Limited,
Term
Loan
B
7.559%
SOFR90A
2.250%
1/15/30
235,529
133
GVC
Holdings
(Gibraltar)
Limited,
Term
Loan
B
3.500%
3-Month
LIBOR
3.500%
10/31/29
134,022
55
Hilton
Grand
Vacations
Borrower
LLC
8.076%
TSFR1M
2.750%
1/17/31
55,163
218
Hilton
Grand
Vacations
Borrower
LLC,
Term
Loan
B
8.191%
TSFR1M
2.750%
8/02/28
218,206
120
IRB
Holding
Corp,
Term
Loan
B
8.176%
TSFR1M
2.750%
12/15/27
120,287
56
PCI
Gaming
Authority,
Term
Loan
7.945%
TSFR1M
2.500%
5/31/26
56,156
166
Penn
National
Gaming,
Inc.,
Term
Loan
B
8.176%
TSFR1M
2.750%
4/20/29
166,583
164
Scientific
Games
Holdings
LP
8.580%
TSFR1M
3.250%
2/04/29
164,451
191
Scientific
Games
International,
Inc.,
Term
Loan
8.075%
TSFR1M
3.000%
4/07/29
191,794
266
SeaWorld
Parks
&
Entertainment
Inc
7.830%
TSFR1M
2.500%
8/25/28
266,551
408
Spin
Holdco
Inc.,
Term
Loan
9.585%
TSFR3M
4.000%
3/06/28
379,239
19
Twin
River
Worldwide
Holdings,
Inc.,
Term
Loan
B
8.829%
TSFR3M
3.250%
10/02/28
18,111
13
Principal
Amount
(000)
Description
(a)
Coupon
(h)
Reference
Rate
(h)
Spread
(h)
Maturity
(i)
Value
Consumer
Services
(continued)
$
263
William
Morris
Endeavor
Entertainment,
LLC,
Term
Loan,
First
Lien
8.195%
TSFR1M
2.750%
5/16/25
$
262,928
26
WW
International
Inc
8.829%
TSFR1M
3.500%
4/13/28
11,603
Total
Consumer
Services
4,564,997
Consumer
Staples
Distribution
&
Retail
-
0.1%
126
Heritage
Grocers
Group
LLC
,
(WI/DD)
TBD
TBD
TBD
TBD
125,781
124
Heritage
Grocers
Group
LLC
12.159%
TSFR6M
6.750%
8/01/29
124,833
53
US
Foods
Inc
7.441%
TSFR1M
2.000%
9/14/26
53,601
50
US
Foods,
Inc.,
Term
Loan
B
7.324%
TSFR1M
2.000%
11/22/28
50,318
Total
Consumer
Staples
Distribution
&
Retail
354,533
Diversified
Financials
-
0.0%
173
Ditech
Holding
Corporation,
Term
Loan
0.000%
N/A
N/A
6/30/24
4,972
Total
Diversified
Financials
4,972
Energy
-
0.2%
1
DT
Midstream,
Inc,
Term
Loan
B
7.441%
TSFR1M
2.000%
6/12/28
1,259
260
Freeport
LNG
Investments
LLLP
8.579%
TSFR1M
3.000%
11/16/26
258,317
394
Gulf
Finance,
LLC,
Term
Loan
12.183%
TSFR1M
6.750%
8/25/26
394,470
230
TransMontaigne
Operating
Company
L.P.,
Term
Loan
B
8.941%
ICE
Libor
USD
1
Month
3.500%
11/05/28
230,650
Total
Energy
884,696
Financial
Services
-
0.0%
45
Aragorn
Parent
Corp
9.577%
TSFR1M
4.250%
12/15/28
45,084
73
Kestra
Advisor
Services
Holdings
A
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
73,213
Total
Financial
Services
118,297
Food,
Beverage
&
Tobacco
-
0.3%
232
8th
Avenue
Food
&
Provisions
Inc
9.191%
TSFR1M
3.750%
10/01/25
228,470
19
8th
Avenue
Food
&
Provisions
Inc
10.191%
TSFR1M
4.750%
10/01/25
18,683
71
Arterra
Wines
Canada,
Inc.,
Term
Loan
9.071%
TSFR3M
3.500%
11/25/27
65,604
33
Bengal
Debt
Merger
Sub
LLC
,
(WI/DD)
TBD
TBD
TBD
TBD
30,693
251
CHG
PPC
Parent
LLC,
Term
Loan
8.441%
TSFR1M
3.000%
12/08/28
251,139
165
City
Brewing
Company,
LLC,
Term
Loan
,
(WI/DD)
TBD
TBD
TBD
TBD
129,812
164
Naked
Juice
LLC,
Term
Loan,
Second
Lien
11.448%
TSFR1M
6.000%
1/20/30
134,759
247
Pegasus
Bidco
BV,
Term
Loan
8.598%
SOFR90A
3.250%
7/12/29
247,603
236
Sycamore
Buyer
LLC
7.695%
TSFR3M
2.250%
7/23/29
230,330
269
Triton
Water
Holdings,
Inc,
Term
Loan
8.860%
SOFR90A
3.250%
3/31/28
266,929
Total
Food,
Beverage
&
Tobacco
1,604,022
Health
Care
Equipment
&
Services
-
1.6%
191
24
Hour
Fitness
Worldwide
Inc
19.589%
3-Month
LIBOR
14.000%
9/30/26
124,462
100
ADMI
Corp
11.080%
TSFR1M
5.750%
12/23/27
99,968
242
AHP
Health
Partners,
Inc.,
Term
Loan
B
8.941%
TSFR1M
3.500%
8/23/28
242,656
601
Bausch
&
Lomb,
Inc.,
Term
Loan
8.677%
TSFR1M
3.250%
5/05/27
595,897
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
14
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
(h)
Reference
Rate
(h)
Spread
(h)
Maturity
(i)
Value
Health
Care
Equipment
&
Services
(continued)
$
58
Element
Materials
Technology
Group
US
Holdings
Inc
0.000%
TSFR1M
4.250%
4/12/29
$
57,968
125
Element
Materials
Technology
Group
US
Holdings
Inc.,
Term
Loan
9.659%
TSFR1M
4.250%
4/12/29
125,598
385
Envision
Healthcare
Corporation,
Term
Loan,
First
Lien
8.613%
ICE
Libor
USD
3
Month
3.750%
10/10/25
7,060
98
Global
Medical
Response,
Inc.,
Term
Loan
9.824%
TSFR3M
4.250%
3/14/25
91,478
688
Global
Medical
Response,
Inc.,
Term
Loan
B
9.841%
TSFR3M
4.250%
10/02/25
644,446
243
LSCS
Holdings
Inc
9.945%
TSFR1M
4.500%
12/16/28
239,718
1,182
Medline
Borrower,
LP,
Term
Loan
B
,
(WI/DD)
TBD
TBD
TBD
TBD
1,186,103
168
National
Mentor
Holdings,
Inc.,
Term
Loan
9.078%
TSFR1M
3.750%
3/02/28
158,120
5
National
Mentor
Holdings,
Inc.,
Term
Loan
C
9.070%
TSFR3M
3.750%
3/02/28
5,104
154
Onex
TSG
Intermediate
Corp.,
Term
Loan
B
10.324%
SOFR90A
4.750%
2/28/28
154,574
174
Pacific
Dental
Services
Inc
,
(WI/
DD)
TBD
TBD
TBD
TBD
174,254
366
Packaging
Coordinators
Midco
Inc
9.071%
TSFR3M
3.500%
11/30/27
366,772
375
Packaging
Coordinators
Midco
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
376,224
719
Parexel
International
Corporation,
Term
Loan,
First
Lien
8.691%
TSFR1M
3.250%
11/15/28
721,651
99
Pathway
Vet
Alliance
LLC
9.195%
TSFR1M
3.750%
3/31/27
87,579
191
Phoenix
Guarantor
Inc,
Term
Loan
8.576%
TSFR1M
3.250%
2/21/31
188,755
341
Select
Medical
Corporation,
Term
Loan
B1
8.330%
SOFR30A
3.000%
3/05/27
342,173
262
Star
Parent,
Inc.,
Term
Loan
B
9.309%
TSFR3M
4.000%
9/30/30
260,707
918
Surgery
Center
Holdings,
Inc.,
Term
Loan
,
(WI/DD)
TBD
TBD
TBD
TBD
922,980
119
Team
Health
Holdings,
Inc.,
Term
Loan
B
,
(WI/DD)
TBD
TBD
TBD
TBD
105,939
Total
Health
Care
Equipment
&
Services
7,280,186
Household
&
Personal
Products
-
0.0%
109
Kronos
Acquisition
Holdings
Inc.,
Term
Loan
B
9.360%
TSFR3M
3.750%
12/22/26
109,158
Total
Household
&
Personal
Products
109,158
Insurance
-
0.8%
234
Acrisure,
LLC,
Term
Loan
B
8.945%
TSFR1M
3.500%
2/15/27
233,986
177
Alliant
Holdings
Intermediate
LLC
8.827%
SOFR30A
3.500%
11/06/30
177,746
245
AssuredPartners,
Inc.,
Term
Loan
B
8.941%
TSFR1M
3.500%
2/12/27
245,463
251
Asurion
LLC
9.676%
TSFR1M
4.250%
8/19/28
242,588
189
Asurion
LLC
8.691%
TSFR1M
3.250%
7/31/27
181,632
127
Asurion
LLC,
Term
Loan
B7,
Term
Loan
,
(WI/DD)
TBD
TBD
TBD
TBD
122,873
284
Asurion
LLC,
Term
Loan
B8
8.691%
TSFR1M
3.250%
12/23/26
279,348
157
Broadstreet
Partners,
Inc.,
Term
Loan
B
8.445%
TSFR1M
3.000%
1/27/27
157,605
15
Principal
Amount
(000)
Description
(a)
Coupon
(h)
Reference
Rate
(h)
Spread
(h)
Maturity
(i)
Value
Insurance
(continued)
$
242
Broadstreet
Partners,
Inc.,
Term
Loan
B2
8.695%
TSFR1M
3.250%
1/27/27
$
242,211
464
HUB
International
Limited,
Term
Loan
B
8.574%
TSFR1M
3.250%
6/20/30
464,896
320
Ryan
Specialty
Group,
LLC,
Term
Loan
8.080%
TSFR1M
2.750%
9/01/27
320,943
435
Truist
Insurance
Holdings
LLC
,
(WI/DD)
TBD
TBD
TBD
TBD
434,817
105
USI,
Inc.,
Term
Loan
8.598%
SOFR90A
3.250%
9/27/30
104,942
326
USI,
Inc.,
Term
Loan
B
8.348%
TSFR1M
3.000%
11/22/29
326,796
Total
Insurance
3,535,846
Materials
-
0.5%
25
Arsenal
AIC
Parent
LLC
9.829%
TSFR1M
4.500%
7/27/30
25,053
72
Ascend
Performance
Materials
Operations
LLC
10.070%
TSFR6M
4.750%
8/27/26
70,684
142
ASP
Unifrax
Holdings
Inc,
Term
Loan
B
9.248%
TSFR3M
3.750%
12/12/25
137,009
174
Axalta
Coating
Systems
US
Holdings
Inc
7.848%
TSFR1M
2.500%
12/20/29
173,972
290
Clydesdale
Acquisition
Holdings
Inc,
Term
Loan
B
9.105%
TSFR1M
3.750%
4/13/29
292,054
75
Derby
Buyer
LLC
9.576%
TSFR1M
4.250%
11/01/30
75,551
188
Discovery
Purchaser
Corp
9.705%
TSFR1M
4.375%
8/03/29
187,860
217
Herens
US
Holdco
Corp
9.334%
TSFR3M
4.000%
7/03/28
205,327
133
INEOS
Quattro
Holdings
UK
Ltd,
Term
Loan
B,
First
Lien
9.579%
TSFR1M
4.250%
3/29/29
133,019
35
INEOS
US
Petrochem
LLC
9.180%
TSFR1M
3.750%
3/03/30
34,738
38
Klockner-Pentaplast
of
America,
Inc.,
Term
Loan
B
10.268%
TSFR6M
4.750%
2/09/26
35,398
182
NIC
Acquisition
Corp
,
(WI/DD)
TBD
TBD
TBD
TBD
154,518
15
Nouryon
USA
LLC
9.423%
TSFR1M
4.000%
3/03/28
14,956
62
PMHC
II,
Inc.,
Term
Loan
B
9.723%
TSFR1M
4.250%
2/03/29
61,153
95
Proampac
PG
Borrower
LLC,
Term
Loan
9.806%
TSFR1M
4.500%
9/15/28
95,285
146
Reynolds
Group
Holdings
Inc.
,
Term
Loan
B
8.695%
TSFR1M
3.500%
9/25/28
146,926
70
Reynolds
Group
Holdings
Inc.
,
Term
Loan
B2
8.695%
TSFR1M
3.250%
2/05/26
70,392
55
SupplyOne
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
54,828
45
TricorBraun
Holdings,
Inc.,
Term
Loan
8.691%
TSFR1M
3.250%
3/03/28
44,100
95
Tronox
Finance
LLC
8.848%
TSFR1M
3.500%
8/16/28
95,238
1
W.R.
Grace
&
Co.-Conn.,
Term
Loan
B
9.321%
SOFR90A
3.750%
9/22/28
1,229
Total
Materials
2,109,290
Media
&
Entertainment
-
0.7%
136
ABG
Intermediate
Holdings
2
LLC
8.926%
TSFR1M
3.500%
12/21/28
136,640
227
AMC
Entertainment
Holdings,
Inc.
,
Term
Loan
B
8.435%
TSFR1M
3.000%
4/22/26
191,171
119
Cable
One,
Inc.,
Term
Loan
B4
7.445%
TSFR1M
2.000%
5/03/28
117,979
216
Cengage
Learning
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
216,033
125
Century
DE
Buyer
LLC
9.317%
TSFR3M
4.000%
10/30/30
125,609
357
Clear
Channel
Outdoor
Holdings
Inc
9.441%
TSFR1M
4.000%
8/23/28
357,051
321
Crown
Finance
US
Inc
,
(cash
6.941%,
PIK
7.000%)
6.941%
TSFR1M
8.500%
7/31/28
327,264
324
CSC
Holdings
LLC
9.825%
TSFR1M
4.500%
1/18/28
312,282
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
16
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
(h)
Reference
Rate
(h)
Spread
(h)
Maturity
(i)
Value
Media
&
Entertainment
(continued)
$
–
(l)
(j)
Diamond
Sports
Group,
LLC,
Term
Loan
0.000%
TSFR1M
3.250%
8/24/26
$
2
118
DirecTV
Financing,
LLC,
Term
Loan
10.445%
TSFR1M
5.000%
8/02/27
118,646
174
Dotdash
Meredith
Inc
9.426%
TSFR1M
4.000%
12/01/28
172,668
18
iHeartCommunications,
Inc.,
Term
Loan
8.445%
TSFR1M
3.000%
5/01/26
15,981
229
McGraw-Hill
Global
Education
Holdings,
LLC,
Term
Loan
10.191%
TSFR1M
4.750%
7/31/28
229,772
83
Mission
Broadcasting,
Inc.,
Term
Loan
B
7.940%
TSFR1M
2.500%
6/02/28
82,409
140
NEP
Group
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
134,103
78
Radiate
Holdco,
LLC,
Term
Loan
B
8.695%
TSFR1M
3.250%
9/25/26
65,321
500
Radiate
Holdco,
LLC,
Term
Loan
B
,
(WI/DD)
TBD
TBD
TBD
TBD
419,999
135
UPC
Financing
Partnership,
Term
Loan
AX
8.440%
SOFR30A
3.000%
1/31/29
134,655
300
Virgin
Media
Bristol
LLC,
Term
Loan
Y
8.790%
TSFR1M
3.250%
3/06/31
295,958
Total
Media
&
Entertainment
3,453,543
Pharmaceuticals,
Biotechnology
&
Life
Sciences
-
0.3%
94
Emergent
BioSolutions
Inc
11.930%
ICE
Libor
USD
1
Month
2.000%
10/13/23
88,531
603
Jazz
Financing
Lux
S.a.r.l.,
Term
Loan
B
8.445%
SOFR30A
3.000%
5/05/28
607,104
2
Mallinckrodt
PLC
14.826%
TSFR1M
9.500%
11/14/28
1,512
222
Maravai
Intermediate
Holdings
LLC
8.310%
ICE
Libor
USD
1
Month
4.250%
10/19/27
218,616
267
Organon
&
Co,
Term
Loan
8.433%
TSFR3M
3.000%
6/02/28
268,542
154
Perrigo
Investments,
LLC,
Term
Loan
B
7.680%
TSFR1M
2.250%
4/05/29
153,404
Total
Pharmaceuticals,
Biotechnology
&
Life
Sciences
1,337,709
Real
Estate
Management
&
Development
-
0.1%
129
Cushman
&
Wakefield
U.S.
Borrower,
LLC,
Term
Loan
8.579%
TSFR1M
3.250%
1/31/30
128,604
9
Cushman
&
Wakefield
U.S.
Borrower,
LLC,
Term
Loan
B
8.191%
TSFR1M
2.750%
8/21/25
9,397
125
Cushman
&
Wakefield
US
Borrower
LLC
9.330%
TSFR1M
4.000%
1/31/30
125,155
90
Forest
City
Enterprises
LP
,
(WI/
DD)
TBD
TBD
TBD
TBD
86,269
Total
Real
Estate
Management
&
Development
349,425
Semiconductors
&
Semiconductor
Equipment
-
0.0%
235
Bright
Bidco
B.V.,
Term
Loan
,
(cash
6.378%,
PIK
8.000%)
6.317%
SOFR90A
+
3
-
Month
LIBOR
4.500%
10/31/27
64,060
Total
Semiconductors
&
Semiconductor
Equipment
64,060
Software
&
Services
-
1.7%
120
AppLovin
Corp
8.418%
ICE
Libor
USD
1
Month
3.100%
10/21/28
120,423
66
Apttus
Corporation,
Term
Loan
9.445%
TSFR3M
4.000%
5/08/28
65,899
94
Asurion
LLC,
Term
Loan
B4,
Second
Lien
10.691%
TSFR1M
5.250%
1/20/29
84,549
678
Avaya,
Inc.,
Term
Loan
6.829%
TSFR1M
1.500%
8/01/28
605,903
314
Banff
Merger
Sub
Inc,
Term
Loan
9.580%
TSFR1M
4.250%
12/29/28
316,581
17
Principal
Amount
(000)
Description
(a)
Coupon
(h)
Reference
Rate
(h)
Spread
(h)
Maturity
(i)
Value
Software
&
Services
(continued)
$
366
Camelot
U.S.
Acquisition
LLC,
Term
Loan
B
8.076%
TSFR1M
3.000%
10/30/26
$
366,046
177
DTI
Holdco
Inc
10.063%
TSFR1M
4.750%
4/21/29
177,273
314
Ellucian
Holdings
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
315,619
663
Epicor
Software
Corporation,
Term
Loan
8.691%
TSFR1M
3.250%
7/30/27
666,771
240
Greeneden
U.S.
Holdings
II,
LLC,
Term
Loan
B4
9.441%
TSFR1M
4.000%
12/01/27
241,470
118
IGT
Holding
IV
AB,
Term
Loan
B2
8.972%
TSFR3M
3.400%
3/29/28
118,498
267
Informatica
LLC,
Term
Loan
B
8.195%
ICE
Libor
USD
1
Month
2.750%
10/14/28
267,559
246
Instructure
Holdings,
Inc.,
Term
Loan
B
8.355%
TSFR1M
2.750%
10/30/28
245,932
74
Ivanti
Software
Inc
9.839%
TSFR3M
4.250%
12/01/27
69,205
19
Ivanti
Software
Inc
9.591%
TSFR3M
4.000%
12/01/27
17,489
40
Marcel
Bidco
LLC
9.810%
TSFR1M
4.500%
10/28/30
40,369
228
McAfee,
LLC,
Term
Loan
B
,
(WI/
DD)
TBD
TBD
TBD
TBD
227,910
145
NortonLifeLock
Inc.,
Term
Loan
B
7.426%
TSFR1M
2.000%
1/28/29
145,586
598
Open
Text
Corporation,
Term
Loan
B
8.176%
TSFR1M
2.750%
1/31/30
599,296
117
Peraton
Corp.,
Term
Loan
B
9.080%
TSFR1M
3.750%
2/01/28
116,998
115
Perforce
Software
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
114,713
47
Proofpoint,
Inc.,
Term
Loan,
First
Lien
8.579%
TSFR1M
3.250%
8/31/28
47,034
95
Quartz
Acquireco
LLC
8.809%
TSFR1M
3.500%
4/14/30
94,968
598
Rackspace
Finance
LLC
8.076%
TSFR1M
2.750%
5/15/28
296,448
92
Rackspace
Technology
Global,
Inc.,
Term
Loan,
First
Lien
11.580%
TSFR3M
6.250%
5/15/28
92,488
164
Rocket
Software,
Inc.,
Term
Loan
B
10.080%
TSFR1M
4.750%
10/05/28
163,180
85
Sedgwick
Claims
Management
Services,
Inc.,
Term
Loan
B
9.076%
TSFR1M
3.750%
2/24/28
84,824
166
SS&C
European
Holdings
Sarl,
Term
Loan
B4
7.195%
TSFR1M
1.750%
4/16/25
165,879
164
SS&C
Technologies
Inc.,
Term
Loan
B3
7.195%
TSFR1M
1.750%
4/16/25
164,218
34
SS&C
Technologies
Inc.,
Term
Loan
B6
7.680%
TSFR1M
2.250%
3/22/29
33,880
66
SS&C
Technologies
Inc.,
Term
Loan
B7
7.680%
TSFR1M
2.250%
3/22/29
65,851
645
Syniverse
Holdings
LLC/DE
12.348%
TSFR1M
7.000%
5/10/29
618,166
256
Tempo
Acquisition
LLC
8.080%
TSFR1M
2.750%
8/31/28
257,034
540
Ultimate
Software
Group
Inc
(The),
Term
Loan
B
8.814%
TSFR1M
3.500%
2/10/31
542,972
50
Vision
Solutions,
Inc.,
Term
Loan
9.586%
TSFR1M
4.000%
5/28/28
49,875
199
West
Corporation,
Term
Loan
B3
9.563%
TSFR3M
4.000%
4/10/27
195,575
93
WEX
Inc.,
Term
Loan
7.329%
TSFR1M
2.250%
4/03/28
93,231
250
Zelis
Payments
Buyer
Inc
8.067%
TSFR1M
2.750%
9/28/29
250,278
Total
Software
&
Services
8,139,990
Technology
Hardware
&
Equipment
-
0.2%
274
CommScope,
Inc.,
Term
Loan
B
,
(WI/DD)
TBD
TBD
TBD
TBD
249,786
268
Delta
TopCo,
Inc.,
Term
Loan
B
9.121%
TSFR6M
3.750%
12/01/27
268,307
137
Ingram
Micro
Inc.,
Term
Loan
8.610%
TSFR1M
3.000%
7/02/28
137,182
151
MLN
US
HoldCo
LLC,
Term
Loan
12.110%
TSFR1M
6.800%
10/18/27
30,296
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
18
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
(h)
Reference
Rate
(h)
Spread
(h)
Maturity
(i)
Value
Technology
Hardware
&
Equipment
(continued)
$
261
MLN
US
HoldCo
LLC,
Term
Loan,
First
Lien
9.929%
TSFR3M
4.500%
12/01/25
$
32,147
75
NCR
Atleos
LLC,
Term
Loan
B
10.163%
TSFR1M
4.750%
3/27/29
75,469
156
Riverbed
Technology
Inc
,
(WI/
DD)
TBD
TBD
TBD
TBD
102,207
60
Viasat
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
58,320
60
Viasat
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
58,238
Total
Technology
Hardware
&
Equipment
1,011,952
Telecommunication
Services
-
0.5%
138
Altice
France
S.A.,
Term
Loan
B12
,
(WI/DD)
TBD
TBD
TBD
TBD
119,738
205
Altice
France
S.A.,
Term
Loan
B13
,
(WI/DD)
TBD
TBD
TBD
TBD
174,308
102
CenturyLink,
Inc.,
Term
Loan
B
7.691%
TSFR1M
2.250%
3/15/27
74,396
121
Cincinnati
Bell,
Inc.,
Term
Loan
B2
8.680%
TSFR1M
3.250%
11/24/28
121,196
202
(j)
Cyxtera
DC
Holdings
Inc
0.000%
TSFR1M
3.000%
5/01/24
10,357
15
Dawn
Acquisitions
LLC
,
(WI/
DD)
TBD
TBD
TBD
TBD
14,760
238
Eagle
Broadband
Investments
LLC
8.571%
TSFR1M
3.000%
11/12/27
237,098
373
Frontier
Communications
Corp.,
Term
Loan
B
9.195%
TSFR1M
3.750%
10/08/27
373,046
–
GOGO
Intermediate
Holdings
LLC,
Term
Loan
B
9.191%
TSFR1M
3.750%
4/28/28
0
495
Level
3
Financing
Inc
,
(WI/DD)
TBD
TBD
TBD
TBD
489,122
550
Virgin
Media
Bristol
LLC,
Term
Loan
N
,
(WI/DD)
TBD
TBD
TBD
TBD
542,510
134
Zayo
Group
Holdings,
Inc.,
Term
Loan
,
(WI/DD)
TBD
TBD
TBD
TBD
117,958
231
Ziggo
Financing
Partnership,
Term
Loan
I
7.940%
TSFR1M
2.500%
4/30/28
227,960
Total
Telecommunication
Services
2,502,449
Transportation
-
0.5%
138
AAdvantage
Loyalty
IP
Ltd.,
Term
Loan
10.329%
TSFR3M
4.750%
4/20/28
143,577
195
Air
Canada
7.833%
TSFR1M
2.500%
3/14/31
195,610
141
American
Airlines,
Inc.,
Term
Loan
B
8.598%
TSFR1M
2.750%
2/06/28
141,128
227
Apple
Bidco
LLC
8.195%
TSFR1M
2.750%
9/25/28
226,649
119
Apple
Bidco
LLC
8.830%
TSFR1M
4.000%
9/23/28
118,957
187
Brown
Group
Holding,
LLC,
Term
Loan
B
8.180%
TSFR1M
2.750%
4/22/28
187,517
148
Brown
Group
Holding,
LLC,
Term
Loan
B2
8.309%
SOFR90A
3.000%
6/09/29
148,301
136
First
Student
Bidco
Inc
8.610%
TSFR3M
3.000%
7/21/28
136,437
57
First
Student
Bidco
Inc
8.360%
TSFR3M
3.000%
7/21/28
56,604
319
Hertz
Corporation,
(The),
Term
Loan
B
8.691%
TSFR1M
3.500%
6/30/28
309,731
62
Hertz
Corporation,
(The),
Term
Loan
C
8.691%
TSFR1M
3.500%
6/30/28
60,364
57
Kestrel
Bidco
Inc.,
Term
Loan
B
8.426%
TSFR3M
3.000%
12/11/26
56,734
349
Mileage
Plus
Holdings
LLC,
Term
Loan
B
10.733%
TSFR3M
5.250%
6/21/27
360,509
244
SkyMiles
IP
Ltd.,
Term
Loan
B
9.068%
TSFR3M
3.750%
10/20/27
251,697
Total
Transportation
2,393,815
19
Principal
Amount
(000)
Description
(a)
Coupon
(h)
Reference
Rate
(h)
Spread
(h)
Maturity
(i)
Value
Utilities
-
0.3%
$
80
Pacific
Gas
&
Electric
Company,
Term
Loan
7.830%
TSFR1M
2.500%
6/23/27
$
80,225
654
Talen
Energy
Supply,
LLC,
Term
Loan
B
9.826%
SOFR90A
4.500%
5/17/30
656,677
532
Talen
Energy
Supply,
LLC,
Term
Loan
C
9.826%
TSFR1M
4.500%
5/27/30
534,809
100
Vistra
Operations
Co
LLC
,
(WI/
DD)
TBD
TBD
TBD
TBD
100,125
3
Vistra
Operations
Company
LLC,
Term
Loan
B3,
First
Lien
7.330%
TSFR1M
2.000%
12/20/30
2,870
Total
Utilities
1,374,706
Total
Variable
Rate
Senior
Loan
Interests
(cost
$53,755,643)
52,345,676
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
EMERGING
MARKET
DEBT
AND
FOREIGN
CORPORATE
BONDS
-
8
.9
%
(
6
.6
%
of
Total
Investments)
X
41,232,953
Angola
-
0.1%
$
270
Angolan
Government
International
Bond,
144A
9.375%
5/08/48
$
232,427
200
Angolan
Government
International
Bond,
144A
8.750%
4/14/32
183,531
Total
Angola
415,958
Argentina
-
0.1%
475
Argentine
Republic
Government
International
Bond
3.625%
7/09/35
197,167
466
Provincia
de
Buenos
Aires/Government
Bonds,
144A
6.375%
9/01/37
189,998
139
YPF
SA,
144A
6.950%
7/21/27
125,540
20
YPF
SA,
Reg
S
6.950%
7/21/27
18,063
Total
Argentina
530,768
Australia
-
0.3%
200
AngloGold
Ashanti
Holdings
PLC
3.375%
11/01/28
180,043
200
AngloGold
Ashanti
Holdings
PLC
3.750%
10/01/30
174,772
840
QBE
Insurance
Group
Ltd,
Reg
S
6.750%
12/02/44
839,799
Total
Australia
1,194,614
Barbados
-
0.0%
200
Barbados
Government
International
Bond,
144A
6.500%
10/01/29
189,300
Total
Barbados
189,300
Belgium
-
0.0%
15
Anheuser-Busch
InBev
Worldwide
Inc
5.000%
6/15/34
15,089
Total
Belgium
15,089
Benin
-
0.1%
190
EUR
Benin
Government
International
Bond,
144A
4.950%
1/22/35
166,035
100
EUR
Benin
Government
International
Bond,
144A
6.875%
1/19/52
88,183
Total
Benin
254,218
Brazil
-
0.4%
200
B3
SA
-
Brasil
Bolsa
Balcao,
144A
4.125%
9/20/31
175,426
200
Banco
do
Brasil
SA/Cayman,
144A
4.875%
1/11/29
192,358
900
BRL
Brazil
Notas
do
Tesouro
Nacional
Serie
F
10.000%
1/01/27
178,827
900
BRL
Brazil
Notas
do
Tesouro
Nacional
Serie
F
10.000%
1/01/31
172,572
340
Brazilian
Government
International
Bond
6.000%
10/20/33
336,560
210
Brazilian
Government
International
Bond
5.000%
1/27/45
167,498
200
Brazilian
Government
International
Bond
4.750%
1/14/50
149,711
200
(j)
JSM
Global
Sarl,
144A
4.750%
10/20/30
35,900
200
Minerva
Luxembourg
SA,
144A
8.875%
9/13/33
210,431
145
Petrobras
Global
Finance
BV
6.750%
6/03/50
137,464
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
20
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Brazil
$
115
Petrobras
Global
Finance
BV
5.500%
6/10/51
$
93,523
200
Suzano
Austria
GmbH
2.500%
9/15/28
176,517
Total
Brazil
2,026,787
Cameroon
-
0.0%
100
EUR
Republic
of
Cameroon
International
Bond,
144A
5.950%
7/07/32
83,179
Total
Cameroon
83,179
Canada
-
0.1%
150
Air
Canada,
144A
3.875%
8/15/26
143,163
330
Enbridge
Inc
5.750%
7/15/80
312,312
175
Enbridge
Inc
5.500%
7/15/77
165,898
35
Enbridge
Inc
2.500%
8/01/33
28,202
Total
Canada
649,575
Chile
-
0.3%
199
Alfa
Desarrollo
SpA,
144A
2021
1
4.550%
9/27/51
151,774
200
Antofagasta
PLC,
144A
5.625%
5/13/32
200,584
200
Banco
del
Estado
de
Chile,
144A
2.704%
1/09/25
194,740
175
Cia
Cervecerias
Unidas
SA,
144A
3.350%
1/19/32
148,608
200
Corp
Nacional
del
Cobre
de
Chile,
144A
3.000%
9/30/29
177,565
150
Empresa
Nacional
de
Telecomunicaciones
SA,
144A
3.050%
9/14/32
119,461
200
Empresa
Nacional
del
Petroleo,
144A
6.150%
5/10/33
203,061
200
Inversiones
CMPC
SA,
144A
6.125%
6/23/33
202,857
Total
Chile
1,398,650
China
-
0.1%
200
ENN
Clean
Energy
International
Investment
Ltd,
144A
3.375%
5/12/26
189,133
200
Lenovo
Group
Ltd,
144A
3.421%
11/02/30
175,555
Total
China
364,688
Colombia
-
0.3%
350
Colombia
Government
International
Bond
3.125%
4/15/31
279,274
200
Colombia
Government
International
Bond
8.000%
11/14/35
209,965
200
Colombia
Government
International
Bond
7.500%
2/02/34
204,280
200
Ecopetrol
SA
4.625%
11/02/31
166,386
200
Ecopetrol
SA
5.875%
11/02/51
143,961
200
Empresas
Publicas
de
Medellin
ESP,
144A
4.250%
7/18/29
173,252
200
Grupo
Aval
Ltd,
144A
4.375%
2/04/30
168,719
Total
Colombia
1,345,837
Costa
Rica
-
0.2%
200
Costa
Rica
Government
International
Bond,
144A
7.000%
4/04/44
206,976
200
Costa
Rica
Government
International
Bond,
144A
6.550%
4/03/34
206,776
200
Instituto
Costarricense
de
Electricidad,
144A
6.750%
10/07/31
201,508
200
Liberty
Costa
Rica
Senior
Secured
Finance,
144A
10.875%
1/15/31
210,334
Total
Costa
Rica
825,594
Cote
d'Ivoire
-
0.1%
395
Ivory
Coast
Government
International
Bond,
Reg
S
6.125%
6/15/33
355,598
270
EUR
Ivory
Coast
Government
International
Bond,
Reg
S
6.875%
10/17/40
251,325
Total
Cote
d'Ivoire
606,923
Czech
Republic
-
0.0%
4,300
CZK
Czech
Republic
Government
Bond
1.750%
6/23/32
155,671
Total
Czech
Republic
155,671
Dominican
Republic
-
0.1%
225
Dominican
Republic
International
Bond,
Reg
S
7.450%
4/30/44
236,575
150
Dominican
Republic
International
Bond,
144A
4.875%
9/23/32
134,291
6,700
DOP
Dominican
Republic
International
Bond,
144A
13.000%
6/10/34
134,269
Total
Dominican
Republic
505,135
21
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Ecuador
-
0.1%
$
623
Ecuador
Government
International
Bond,
144A
1.000%
7/31/35
$
326,744
137
Ecuador
Government
International
Bond,
Reg
S
3.500%
7/31/35
71,908
Total
Ecuador
398,652
Egypt
-
0.2%
300
Egypt
Government
International
Bond,
Reg
S
7.903%
2/21/48
227,107
200
Egypt
Government
International
Bond,
144A
7.600%
3/01/29
184,000
200
Egypt
Government
International
Bond,
144A
5.800%
9/30/27
180,036
220
Egypt
Government
International
Bond,
144A
7.300%
9/30/33
179,777
225
Egypt
Government
International
Bond,
144A
8.500%
1/31/47
178,047
205
Egypt
Government
International
Bond,
144A
8.875%
5/29/50
168,063
Total
Egypt
1,117,030
El
Salvador
-
0.1%
190
El
Salvador
Government
International
Bond,
144A
7.125%
1/20/50
130,930
135
El
Salvador
Government
International
Bond,
Reg
S
6.375%
1/18/27
117,143
65
El
Salvador
Government
International
Bond,
Reg
S
7.650%
6/15/35
49,282
40
El
Salvador
Government
International
Bond,
Reg
S
5.875%
1/30/25
38,257
Total
El
Salvador
335,612
France
-
0.0%
15
TotalEnergies
Capital
International
SA
2.986%
6/29/41
11,344
Total
France
11,344
Ghana
-
0.1%
355
Ghana
Government
International
Bond,
Reg
S
7.625%
5/16/29
182,381
250
Ghana
Government
International
Bond,
144A
8.750%
3/11/61
127,500
235
Ghana
Government
International
Bond,
144A
7.750%
4/07/29
121,319
Total
Ghana
431,200
Guatemala
-
0.1%
200
CT
Trust,
144A
5.125%
2/03/32
177,315
200
Guatemala
Government
Bond,
144A
3.700%
10/07/33
164,800
180
Millicom
International
Cellular
SA,
144A
2029
2029
6.250%
3/25/29
175,784
Total
Guatemala
517,899
Honduras
-
0.0%
175
Honduras
Government
International
Bond,
144A
5.625%
6/24/30
155,277
Total
Honduras
155,277
Hungary
-
0.1%
29,000
HUF
Hungary
Government
Bond
2.000%
5/23/29
63,454
200
Hungary
Government
International
Bond,
144A
5.250%
6/16/29
197,600
200
Magyar
Export-Import
Bank
Zrt,
144A
6.125%
12/04/27
201,000
Total
Hungary
462,054
India
-
0.2%
200
Adani
Ports
&
Special
Economic
Zone
Ltd,
144A
3.100%
2/02/31
159,193
200
Indian
Railway
Finance
Corp
Ltd,
144A
3.570%
1/21/32
176,664
200
Network
i2i
Ltd,
144A
3.975%
6/03/72
189,899
200
ReNew
Wind
Energy
AP2
/
ReNew
Power
Pvt
Ltd
other
9
Subsidiaries,
144A
4.500%
7/14/28
182,946
200
UltraTech
Cement
Ltd,
144A
2.800%
2/16/31
169,116
Total
India
877,818
Indonesia
-
0.2%
1,500,000
IDR
Indonesia
Treasury
Bond
7.125%
6/15/38
95,918
850,000
IDR
Indonesia
Treasury
Bond
7.000%
9/15/30
54,643
200
Pertamina
Persero
PT,
144A
2.300%
2/09/31
165,273
200
Perusahaan
Penerbit
SBSN
Indonesia
III,
144A
4.700%
6/06/32
196,000
335
Perusahaan
Perseroan
Persero
PT
Perusahaan
Listrik
Negara,
Reg
S
3.875%
7/17/29
311,710
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
22
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Indonesia
$
200
Perusahaan
Perseroan
Persero
PT
Perusahaan
Listrik
Negara,
Reg
S
5.250%
5/15/47
$
181,006
Total
Indonesia
1,004,550
Iraq
-
0.0%
200
Iraq
International
Bond,
144A
5.800%
1/15/28
188,176
Total
Iraq
188,176
Ireland
-
0.0%
85
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
6.100%
1/15/27
86,391
Total
Ireland
86,391
Israel
-
0.2%
180
Energean
Israel
Finance
Ltd,
144A,
Reg
S
4.875%
3/30/26
170,550
200
Israel
Electric
Corp
Ltd,
144A,
Reg
S
4.250%
8/14/28
185,805
200
Israel
Government
International
Bond
5.375%
3/12/29
200,450
127
Leviathan
Bond
Ltd,
144A,
Reg
S
6.500%
6/30/27
122,414
75
Leviathan
Bond
Ltd,
144A,
Reg
S
6.750%
6/30/30
69,395
32
Leviathan
Bond
Ltd,
144A,
Reg
S
6.125%
6/30/25
31,416
175
EUR
Teva
Pharmaceutical
Finance
Netherlands
II
BV
4.375%
5/09/30
181,376
Total
Israel
961,406
Jamaica
-
0.1%
215
Jamaica
Government
International
Bond
7.875%
7/28/45
252,474
Total
Jamaica
252,474
Jordan
-
0.1%
200
Jordan
Government
International
Bond,
144A
4.950%
7/07/25
193,685
200
Jordan
Government
International
Bond,
144A
5.850%
7/07/30
183,740
Total
Jordan
377,425
Kazakhstan
-
0.1%
200
KazMunayGas
National
Co
JSC,
144A
5.375%
4/24/30
196,008
200
KazMunayGas
National
Co
JSC,
144A
3.500%
4/14/33
166,150
200
Tengizchevroil
Finance
Co
International
Ltd,
144A
4.000%
8/15/26
188,720
Total
Kazakhstan
550,878
Kenya
-
0.1%
200
Republic
of
Kenya
Government
International
Bond,
144A
7.250%
2/28/28
190,509
200
Republic
of
Kenya
Government
International
Bond,
144A
6.300%
1/23/34
163,047
Total
Kenya
353,556
Korea,
Republic
of
-
0.0%
200
Korea
Development
Bank/The
5.625%
10/23/33
211,558
Total
Korea,
Republic
of
211,558
Macau
-
0.0%
200
Sands
China
Ltd
5.125%
8/08/25
197,299
Total
Macau
197,299
Malaysia
-
0.1%
600
MYR
Malaysia
Government
Bond
3.900%
11/30/26
128,400
215
MISC
Capital
Two
Labuan
Ltd,
144A
3.750%
4/06/27
205,291
200
Petronas
Capital
Ltd,
144A
3.500%
4/21/30
183,418
205
Petronas
Capital
Ltd,
144A
3.404%
4/28/61
140,442
Total
Malaysia
657,551
23
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Mexico
-
0.8%
$
200
Banco
Nacional
de
Comercio
Exterior
SNC/Cayman
Islands,
144A
4.375%
10/14/25
$
196,600
200
Banco
Nacional
de
Comercio
Exterior
SNC/Cayman
Islands,
144A
2.720%
8/11/31
180,410
200
Braskem
Idesa
SAPI,
144A
6.990%
2/20/32
155,256
200
Comision
Federal
de
Electricidad,
144A
6.125%
6/16/45
181,555
200
Electricidad
Firme
de
Mexico
Holdings
SA
de
CV,
144A
4.900%
11/20/26
188,672
200
Grupo
Aeromexico
SAB
de
CV,
144A
8.500%
3/17/27
198,300
3,600
MXN
Mexican
Bonos
8.500%
11/18/38
201,166
2,350
MXN
Mexican
Bonos
7.500%
6/03/27
133,585
200
Mexico
Government
International
Bond
4.280%
8/14/41
160,377
250
Mexico
Government
International
Bond
6.400%
5/07/54
249,070
300
Mexico
Government
International
Bond
4.400%
2/12/52
228,800
200
Nemak
SAB
de
CV,
144A
3.625%
6/28/31
162,068
140
Petroleos
Mexicanos
6.375%
1/23/45
90,271
445
Petroleos
Mexicanos
6.840%
1/23/30
392,452
412
Petroleos
Mexicanos
6.750%
9/21/47
274,044
245
Petroleos
Mexicanos
5.950%
1/28/31
196,491
100
EUR
Petroleos
Mexicanos,
Reg
S
3.625%
11/24/25
103,216
25
Petroleos
Mexicanos
6.500%
1/23/29
22,338
Total
Mexico
3,314,671
Mongolia
-
0.1%
300
Mongolia
Government
International
Bond,
144A
5.125%
4/07/26
289,190
Total
Mongolia
289,190
Morocco
-
0.1%
200
Morocco
Government
International
Bond,
144A
5.500%
12/11/42
175,500
200
OCP
SA,
144A
5.125%
6/23/51
150,350
Total
Morocco
325,850
Namibia
-
0.0%
200
Namibia
International
Bonds,
144A
5.250%
10/29/25
197,532
Total
Namibia
197,532
Netherlands
-
0.1%
185
Aegon
NV
5.500%
4/11/48
179,276
200
VEON
Holdings
BV,
Reg
S
4.000%
4/09/25
190,600
Total
Netherlands
369,876
Nigeria
-
0.2%
200
Access
Bank
PLC,
144A
6.125%
9/21/26
185,260
400
Nigeria
Government
International
Bond,
144A
8.375%
3/24/29
389,568
200
Nigeria
Government
International
Bond,
144A
7.375%
9/28/33
170,920
200
Nigeria
Government
International
Bond,
Reg
S
7.625%
11/28/47
154,860
Total
Nigeria
900,608
Oman
-
0.1%
385
Oman
Government
International
Bond,
Reg
S
5.625%
1/17/28
386,322
200
Oman
Government
International
Bond,
Reg
S
6.750%
1/17/48
204,460
Total
Oman
590,782
Pakistan
-
0.0%
260
Pakistan
Government
International
Bond,
144A
8.875%
4/08/51
195,182
Total
Pakistan
195,182
Panama
-
0.2%
200
Aeropuerto
Internacional
de
Tocumen
SA,
144A
5.125%
8/11/61
145,843
190
Panama
Bonos
del
Tesoro
3.362%
6/30/31
150,575
200
Panama
Government
International
Bond
8.000%
3/01/38
209,522
155
Panama
Notas
del
Tesoro
3.750%
4/17/26
148,219
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
24
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Panama
$
176
UEP
Penonome
II
SA,
144A
2020
1
6.500%
10/01/38
$
137,346
Total
Panama
791,505
Paraguay
-
0.1%
200
Paraguay
Government
International
Bond,
144A
6.000%
2/09/36
202,330
200
Paraguay
Government
International
Bond,
144A
2.739%
1/29/33
162,206
Total
Paraguay
364,536
Peru
-
0.2%
120
Banco
de
Credito
del
Peru
S.A,
144A
3.125%
7/01/30
114,917
65
Banco
de
Credito
del
Peru
S.A,
144A
3.250%
9/30/31
60,033
300
Fondo
MIVIVIENDA
SA,
144A
4.625%
4/12/27
291,214
300
PEN
Peru
Government
Bond
5.400%
8/12/34
69,377
200
Peruvian
Government
International
Bond
3.000%
1/15/34
163,650
250
PEN
Peruvian
Government
International
Bond,
144A
5.400%
8/12/34
57,814
Total
Peru
757,005
Philippines
-
0.0%
200
Philippine
Government
International
Bond
4.200%
3/29/47
168,336
Total
Philippines
168,336
Poland
-
0.1%
200
Bank
Gospodarstwa
Krajowego,
144A
5.375%
5/22/33
198,758
370
PLN
Republic
of
Poland
Government
Bond
0.250%
10/25/26
81,939
300
PLN
Republic
of
Poland
Government
Bond
2.750%
10/25/29
66,172
192
Republic
of
Poland
Government
International
Bond
5.500%
4/04/53
191,151
Total
Poland
538,020
Puerto
Rico
-
0.0%
200
C&W
Senior
Finance
Ltd,
144A
6.875%
9/15/27
188,878
Total
Puerto
Rico
188,878
Qatar
-
0.1%
200
Qatar
Government
International
Bond,
Reg
S
4.400%
4/16/50
176,500
310
QatarEnergy,
144A
3.300%
7/12/51
218,395
200
QNB
Finance
Ltd,
Reg
S
2.625%
5/12/25
193,250
Total
Qatar
588,145
Republic
of
Serbia
-
0.0%
200
Serbia
International
Bond,
144A
6.500%
9/26/33
203,750
Total
Republic
of
Serbia
203,750
Romania
-
0.1%
550
RON
Romania
Government
Bond
3.650%
9/24/31
99,830
200
RON
Romania
Government
Bond
4.150%
1/26/28
40,353
140
Romanian
Government
International
Bond,
144A
3.000%
2/27/27
130,455
102
Romanian
Government
International
Bond,
144A
5.875%
1/30/29
101,903
Total
Romania
372,541
Rwanda
-
0.1%
300
Rwanda
International
Government
Bond,
144A
5.500%
8/09/31
242,481
Total
Rwanda
242,481
Saudi
Arabia
-
0.2%
200
EIG
Pearl
Holdings
Sarl,
144A
4.387%
11/30/46
156,250
200
Saudi
Arabian
Oil
Co,
Reg
S
4.250%
4/16/39
174,561
385
Saudi
Government
International
Bond,
Reg
S
3.750%
1/21/55
277,220
325
Saudi
Government
International
Bond,
144A
2.250%
2/02/33
261,566
Total
Saudi
Arabia
869,597
25
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Senegal
-
0.1%
$
215
Senegal
Government
International
Bond,
Reg
S
6.750%
3/13/48
$
159,100
200
Senegal
Government
International
Bond,
144A
6.750%
3/13/48
147,975
Total
Senegal
307,075
South
Africa
-
0.5%
500
Eskom
Holdings
SOC
Ltd,
144A
8.450%
8/10/28
495,880
200
Eskom
Holdings
SOC
Ltd,
144A
6.350%
8/10/28
191,210
200
MTN
Mauritius
Investments
Ltd,
144A
6.500%
10/13/26
201,000
3,075
ZAR
Republic
of
South
Africa
Government
Bond
7.000%
2/28/31
130,744
2,875
ZAR
Republic
of
South
Africa
Government
Bond
8.875%
2/28/35
121,011
225
Republic
of
South
Africa
Government
International
Bond
5.875%
4/20/32
202,500
200
Republic
of
South
Africa
Government
International
Bond
5.650%
9/27/47
144,940
200
Republic
of
South
Africa
Government
International
Bond
5.375%
7/24/44
144,502
200
Sasol
Financing
USA
LLC,
144A
8.750%
5/03/29
203,739
250
Transnet
SOC
Ltd,
144A
8.250%
2/06/28
248,440
Total
South
Africa
2,083,966
Sri
Lanka
-
0.1%
415
Sri
Lanka
Government
International
Bond,
Reg
S
6.850%
11/03/25
246,913
Total
Sri
Lanka
246,913
Supranational
-
0.0%
5,000
INR
Asian
Development
Bank
6.150%
2/25/30
58,056
200
Banque
Ouest
Africaine
de
Developpement,
144A
4.700%
10/22/31
171,992
Total
Supranational
230,048
Switzerland
-
0.1%
30
Credit
Suisse
AG/New
York
NY
5.000%
7/09/27
29,727
1,645
Credit
Suisse
Group
AG
7.250%
3/12/72
180,950
1,000
Credit
Suisse
Group
AG
0.000%
1/17/72
110,000
735
Credit
Suisse
Group
AG
7.500%
1/17/72
80,850
575
Credit
Suisse
Group
AG
7.500%
6/11/72
63,250
300
Credit
Suisse
Group
AG
6.380%
2/21/72
33,000
Total
Switzerland
497,777
Thailand
-
0.1%
200
Bangkok
Bank
PCL/Hong
Kong,
144A
3.466%
9/23/36
168,611
6,150
THB
Thailand
Government
Bond
2.875%
12/17/28
173,287
Total
Thailand
341,898
Turkey
-
0.3%
200
Anadolu
Efes
Biracilik
Ve
Malt
Sanayii
AS,
144A
3.375%
6/29/28
174,245
2,100
TRY
Turkiye
Government
Bond
12.600%
10/01/25
44,477
250
Turkiye
Government
International
Bond
7.625%
5/15/34
250,626
200
EUR
Turkiye
Government
International
Bond
5.875%
5/21/30
215,338
250
Turkiye
Government
International
Bond
6.000%
1/14/41
205,345
200
Turkiye
Ihracat
Kredi
Bankasi
AS,
144A
7.500%
2/06/28
200,500
200
Turkiye
Ihracat
Kredi
Bankasi
AS,
144A
5.750%
7/06/26
194,653
Total
Turkey
1,285,184
Uganda
-
0.0%
669,000
UGX
Republic
of
Uganda
Government
Bonds
14.250%
8/23/29
166,980
Total
Uganda
166,980
Ukraine
-
0.1%
190
NAK
Naftogaz
Ukraine
via
Kondor
Finance
PLC,
Reg
S
7.650%
7/31/24
153,900
425
Ukraine
Government
International
Bond,
144A
6.876%
5/21/31
123,888
360
Ukraine
Government
International
Bond,
144A
7.253%
3/15/35
104,580
115
Ukraine
Government
International
Bond,
Reg
S
7.750%
9/01/24
43,125
100
Ukraine
Government
International
Bond,
Reg
S
7.750%
9/01/28
33,200
Total
Ukraine
458,693
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
26
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
United
Arab
Emirates
-
0.3%
$
400
Emirate
of
Dubai
Government
International
Bonds,
Reg
S
3.900%
9/09/50
$
295,048
435
Galaxy
Pipeline
Assets
Bidco
Ltd,
144A
2.625%
3/31/36
353,684
224
Galaxy
Pipeline
Assets
Bidco
Ltd,
144A
2022
2022
2.940%
9/30/40
179,447
240
MDGH
GMTN
RSC
Ltd,
144A
4.375%
11/22/33
227,851
190
Sweihan
PV
Power
Co
PJSC,
144A
2022
1
3.625%
1/31/49
150,958
Total
United
Arab
Emirates
1,206,988
United
Kingdom
-
0.0%
10
BAT
Capital
Corp
3.984%
9/25/50
7,033
60
HSBC
Holdings
PLC
4.583%
6/19/29
58,225
190
Vodafone
Group
PLC
4.125%
6/04/81
163,651
Total
United
Kingdom
228,909
United
States
-
0.6%
625
GFL
Environmental
Inc,
144A
5.125%
12/15/26
614,071
250
Team
Health
Holdings
Inc,
144A
13.500%
6/30/28
277,500
878
United
States
Treasury
Inflation
Indexed
Bonds
1.750%
1/15/34
866,522
281
United
States
Treasury
Inflation
Indexed
Bonds
3.875%
4/15/29
307,607
15
United
States
Treasury
Inflation
Indexed
Bonds
2.375%
10/15/28
15,451
201
United
States
Treasury
Note/Bond
4.000%
2/15/34
197,868
162
United
States
Treasury
Note/Bond
4.500%
2/15/44
162,886
Total
United
States
2,441,905
Uruguay
-
0.1%
6,200
UYU
Uruguay
Government
International
Bond
8.250%
5/21/31
157,346
80
Uruguay
Government
International
Bond
4.375%
1/23/31
78,212
Total
Uruguay
235,558
Uzbekistan
-
0.0%
200
Republic
of
Uzbekistan
International
Bond,
144A
7.850%
10/12/28
209,000
Total
Uzbekistan
209,000
Zambia
-
0.1%
425
Zambia
Government
International
Bond,
144A
8.500%
4/14/24
313,438
Total
Zambia
313,438
Total
Emerging
Market
Debt
and
Foreign
Corporate
Bonds
(cost
$50,450,790)
41,232,953
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
$1,000
PAR
(OR
SIMILAR)
INSTITUTIONAL
PREFERRED
-
8
.6
%
(
6
.3
%
of
Total
Investments)
X
39,585,701
Automobiles
&
Components
-
0.3%
$
755
General
Motors
Financial
Co
Inc
5.750%
N/A
(m)
$
712,590
462
General
Motors
Financial
Co
Inc
5.700%
N/A
(m)
442,990
Total
Automobiles
&
Components
1,155,580
Banks
-
4.2%
200
Banco
BBVA
Peru
SA,
144A
6.200%
6/07/34
199,700
200
Banco
de
Credito
e
Inversiones
SA,
144A
8.750%
N/A
(m)
206,250
940
(d)
Bank
of
America
Corp
6.500%
N/A
(m)
940,797
295
Bank
of
America
Corp
4.375%
N/A
(m)
276,546
285
Bank
of
America
Corp
6.250%
N/A
(m)
285,324
75
Bank
of
America
Corp
6.100%
N/A
(m)
75,207
200
Bank
of
Montreal
7.700%
5/26/84
202,350
200
Bank
of
Nova
Scotia/The
8.000%
1/27/84
203,516
1,190
(d)
Citigroup
Inc
6.250%
N/A
(m)
1,193,055
170
Citigroup
Inc
5.000%
N/A
(m)
168,950
260
Citigroup
Inc
7.375%
N/A
(m)
270,338
450
Citigroup
Inc
6.300%
N/A
(m)
448,218
27
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Banks
(continued)
$
5
Citigroup
Inc
6.174%
5/25/34
$
5,077
655
Citigroup
Inc
7.625%
N/A
(m)
687,663
1,000
(d)
Citigroup
Inc
5.950%
N/A
(m)
998,498
125
Citizens
Financial
Group
Inc
6.375%
N/A
(m)
119,254
335
Citizens
Financial
Group
Inc
4.000%
N/A
(m)
288,403
765
CoBank
ACB
6.450%
N/A
(m)
754,323
325
CoBank
ACB
6.250%
N/A
(m)
318,349
525
Farm
Credit
Bank
of
Texas,
144A
6.200%
N/A
(m)
480,370
520
(f)
First
Citizens
BancShares
Inc/NC
(TSFR3M
reference
rate
+
4.234%
spread)
9.563%
N/A
(m)
527,003
555
Huntington
Bancshares
Inc/OH
5.625%
N/A
(m)
504,815
270
JPMorgan
Chase
&
Co
6.100%
N/A
(m)
270,109
940
(d),(f)
JPMorgan
Chase
&
Co
(TSFR3M
reference
rate
+
4.042%
spread)
9.348%
N/A
(m)
941,069
205
JPMorgan
Chase
&
Co
3.650%
N/A
(m)
194,696
375
JPMorgan
Chase
&
Co
5.000%
N/A
(m)
373,775
455
JPMorgan
Chase
&
Co
6.875%
N/A
(m)
470,821
380
(f)
M&T
Bank
Corp
(TSFR3M
reference
rate
+
3.872%
spread)
9.179%
N/A
(m)
380,947
90
M&T
Bank
Corp
5.125%
N/A
(m)
79,669
415
PNC
Financial
Services
Group
Inc/The
3.400%
N/A
(m)
362,727
325
PNC
Financial
Services
Group
Inc/The
6.000%
N/A
(m)
317,703
448
PNC
Financial
Services
Group
Inc/The
5.000%
N/A
(m)
430,360
710
(f)
PNC
Financial
Services
Group
Inc/The
(TSFR3M
reference
rate
+
3.302%
spread)
8.643%
N/A
(m)
712,587
375
PNC
Financial
Services
Group
Inc/The
6.250%
N/A
(m)
363,440
370
Regions
Financial
Corp
5.750%
N/A
(m)
364,496
200
Toronto-Dominion
Bank/The
8.125%
10/31/82
209,771
535
(f)
Truist
Financial
Corp
(TSFR3M
reference
rate
+
3.364%
spread)
8.693%
N/A
(m)
538,612
295
Truist
Financial
Corp
5.100%
N/A
(m)
274,421
400
Truist
Financial
Corp
4.800%
N/A
(m)
387,166
200
Turkiye
Garanti
Bankasi
AS,
144A
8.375%
2/28/34
199,500
495
Wells
Fargo
&
Co
7.625%
N/A
(m)
529,010
355
Wells
Fargo
&
Co
5.900%
N/A
(m)
353,501
1,070
(d)
Wells
Fargo
&
Co
5.875%
N/A
(m)
1,067,645
500
Wells
Fargo
&
Co
3.900%
N/A
(m)
475,713
200
Yapi
ve
Kredi
Bankasi
AS,
144A
9.250%
1/17/34
205,500
450
(f)
Zions
Bancorp
NA
(3-Month
LIBOR
reference
rate
+
4.440%
spread)
10.031%
N/A
(m)
437,797
Total
Banks
19,095,041
Capital
Goods
-
0.5%
610
(d)
AerCap
Global
Aviation
Trust,
144A
6.500%
6/15/45
605,839
1,495
AerCap
Holdings
NV
5.875%
10/10/79
1,484,284
395
Air
Lease
Corp
4.650%
N/A
(m)
372,958
Total
Capital
Goods
2,463,081
Energy
-
0.3%
330
Enbridge
Inc
8.500%
1/15/84
358,557
305
Enbridge
Inc
7.625%
1/15/83
313,007
250
Energy
Transfer
LP
6.500%
N/A
(m)
245,036
95
Energy
Transfer
LP
8.000%
5/15/54
99,643
55
Energy
Transfer
LP
7.125%
N/A
(m)
53,696
440
Transcanada
Trust
5.600%
3/07/82
401,676
75
Transcanada
Trust
5.875%
8/15/76
72,872
Total
Energy
1,544,487
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
28
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Financial
Services
-
1.1%
$
400
Ally
Financial
Inc
4.700%
N/A
(m)
$
317,122
160
Ally
Financial
Inc
4.700%
N/A
(m)
136,831
555
American
AgCredit
Corp,
144A
5.250%
N/A
(m)
524,475
180
American
Express
Co
3.550%
N/A
(m)
166,609
150
Bank
of
New
York
Mellon
Corp/The
4.700%
N/A
(m)
147,185
200
Capital
One
Financial
Corp
3.950%
N/A
(m)
177,655
375
Charles
Schwab
Corp/The
5.375%
N/A
(m)
372,405
150
Discover
Financial
Services
6.125%
N/A
(m)
150,310
130
Discover
Financial
Services
5.500%
N/A
(m)
111,477
390
Equitable
Holdings
Inc
4.950%
N/A
(m)
381,143
720
(d)
Goldman
Sachs
Group
Inc/The
5.500%
N/A
(m)
713,840
475
Goldman
Sachs
Group
Inc/The
5.300%
N/A
(m)
470,077
430
Goldman
Sachs
Group
Inc/The
7.500%
N/A
(m)
456,592
320
State
Street
Corp
6.700%
N/A
(m)
324,711
420
Voya
Financial
Inc
7.758%
N/A
(m)
435,517
Total
Financial
Services
4,885,949
Food,
Beverage
&
Tobacco
-
0.4%
2,250
(d)
Land
O'
Lakes
Inc,
144A
8.000%
N/A
(m)
1,946,250
Total
Food,
Beverage
&
Tobacco
1,946,250
Insurance
-
1.0%
118
American
International
Group
Inc
5.750%
4/01/48
115,856
450
AXIS
Specialty
Finance
LLC
4.900%
1/15/40
401,382
325
Enstar
Finance
LLC
5.750%
9/01/40
315,219
235
Enstar
Finance
LLC
5.500%
1/15/42
218,923
541
(d)
Markel
Group
Inc
6.000%
N/A
(m)
536,568
580
(d)
MetLife
Inc,
144A
9.250%
4/08/38
679,800
360
Provident
Financing
Trust
I
7.405%
3/15/38
395,530
210
Prudential
Financial
Inc
5.125%
3/01/52
196,842
150
Prudential
Financial
Inc
6.500%
3/15/54
152,074
420
QBE
Insurance
Group
Ltd,
144A
5.875%
N/A
(m)
415,746
600
SBL
Holdings
Inc,
144A
7.000%
N/A
(m)
510,000
575
SBL
Holdings
Inc,
144A
6.500%
N/A
(m)
448,730
Total
Insurance
4,386,670
Materials
-
0.0%
200
Cemex
SAB
de
CV,
144A
9.125%
N/A
(m)
217,271
Total
Materials
217,271
Media
&
Entertainment
-
0.0%
190
Paramount
Global
6.375%
3/30/62
175,555
Total
Media
&
Entertainment
175,555
Telecommunication
Services
-
0.1%
365
Vodafone
Group
PLC
7.000%
4/04/79
376,494
Total
Telecommunication
Services
376,494
Utilities
-
0.7%
300
AES
Andes
SA,
144A
6.350%
10/07/79
292,680
265
AES
Andes
SA,
144A
7.125%
3/26/79
262,350
310
American
Electric
Power
Co
Inc
3.875%
2/15/62
278,580
165
CMS
Energy
Corp
4.750%
6/01/50
151,966
200
Edison
International
5.000%
N/A
(m)
189,481
150
Edison
International
5.375%
N/A
(m)
145,153
695
(d)
Emera
Inc
6.750%
6/15/76
686,398
510
Sempra
4.875%
N/A
(m)
499,006
340
Southern
Co/The
4.000%
1/15/51
326,863
185
Vistra
Corp,
144A
8.000%
N/A
(m)
189,175
29
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Utilities
(continued)
$
175
Vistra
Corp,
144A
7.000%
N/A
(m)
$
173,276
140
Vistra
Corp,
144A
8.875%
N/A
(m)
144,395
Total
Utilities
3,339,323
Total
$1,000
Par
(or
similar)
Institutional
Preferred
(cost
$41,197,035)
39,585,701
Shares
Description
(a)
Value
X
–
REAL
ESTATE
INVESTMENT
TRUST
COMMON
STOCKS
-
8
.5
%
(
6
.2
%
of
Total
Investments)
X
39,181,354
Data
Center
REITs
-
1.2%
17,319
(d)
Digital
Realty
Trust
Inc
$
2,494,629
3,863
(d)
Equinix
Inc
3,188,250
Total
Data
Center
REITs
5,682,879
Health
Care
REITs
-
0.6%
16,000
Healthpeak
Properties
Inc
300,000
33,500
Parkway
Life
Real
Estate
Investment
Trust
86,821
14,600
Ventas
Inc
635,684
17,300
(d)
Welltower
Inc
1,616,512
Total
Health
Care
REITs
2,639,017
Hotel
&
Resort
REITs
-
0.2%
31,400
Host
Hotels
&
Resorts
Inc
649,352
3,600
Ryman
Hospitality
Properties
Inc
416,196
Total
Hotel
&
Resort
REITs
1,065,548
Industrial
REITs
-
1.7%
2,400
EastGroup
Properties
Inc
431,448
39,460
(d)
Prologis
Inc
5,138,481
23,000
Rexford
Industrial
Realty
Inc
1,156,900
13,400
Terreno
Realty
Corp
889,760
Total
Industrial
REITs
7,616,589
Multi-Family
Residential
REITs
-
0.6%
5,500
AvalonBay
Communities
Inc
1,020,580
3,000
Camden
Property
Trust
295,200
9,700
Equity
Residential
612,167
1,200
Essex
Property
Trust
Inc
293,772
4,500
Mid-America
Apartment
Communities
Inc
592,110
Total
Multi-Family
Residential
REITs
2,813,829
Office
REITs
-
0.2%
2,800
Alexandria
Real
Estate
Equities
Inc
360,948
4,600
Boston
Properties
Inc
300,426
1,800
SL
Green
Realty
Corp
99,234
6,600
Vornado
Realty
Trust
189,882
Total
Office
REITs
950,490
Other
Specialized
REITs
-
0.5%
12,100
Gaming
and
Leisure
Properties
Inc
557,447
6,100
Iron
Mountain
Inc
489,281
45,300
VICI
Properties
Inc
1,349,487
Total
Other
Specialized
REITs
2,396,215
Retail
REITs
-
1.4%
2,400
Agree
Realty
Corp
137,088
25,700
Brixmor
Property
Group
Inc
602,665
41,100
Kimco
Realty
Corp
805,971
24,200
Kite
Realty
Group
Trust
524,656
4,300
Macerich
Co/The
74,089
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
30
NMAI
Shares
Description
(a)
Value
Retail
REITs
(continued)
17,200
Realty
Income
Corp
$
930,520
13,900
(d)
Regency
Centers
Corp
841,784
14,500
(d)
Simon
Property
Group
Inc
2,269,105
Total
Retail
REITs
6,185,878
Self-Storage
REITs
-
0.4%
3,900
Extra
Space
Storage
Inc
573,300
3,600
(d)
Public
Storage
1,044,216
Total
Self-Storage
REITs
1,617,516
Single-Family
Residential
REITs
-
0.6%
24,400
(d)
American
Homes
4
Rent,
Class
A
897,432
13,200
Equity
LifeStyle
Properties
Inc
850,080
5,000
Invitation
Homes
Inc
178,050
7,000
Sun
Communities
Inc
900,060
Total
Single-Family
Residential
REITs
2,825,622
Telecom
Tower
REITs
-
1.0%
16,789
American
Tower
Corp
3,317,338
7,300
Crown
Castle
Inc
772,559
3,371
SBA
Communications
Corp
730,496
Total
Telecom
Tower
REITs
4,820,393
Timber
REITs
-
0.1%
15,800
(d)
Weyerhaeuser
Co
567,378
Total
Timber
REITs
567,378
Total
Real
Estate
Investment
Trust
Common
Stocks
(cost
$30,351,760)
39,181,354
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
U.S.
GOVERNMENT
AND
AGENCY
OBLIGATIONS
-
6
.8
%
(
5
.0
%
of
Total
Investments)
X
31,585,092
$
2,056
United
States
Treasury
Inflation
Indexed
Bonds
1.250%
4/15/28
$
1,997,299
286
United
States
Treasury
Inflation
Indexed
Bonds
2.375%
1/15/25
286,002
354
(g)
United
States
Treasury
Inflation
Indexed
Bonds
1.625%
10/15/27
350,514
347
(g)
United
States
Treasury
Inflation
Indexed
Bonds
3.375%
4/15/32
384,826
478
(g)
United
States
Treasury
Inflation
Indexed
Bonds
1.750%
1/15/28
474,350
544
(g)
United
States
Treasury
Inflation
Indexed
Bonds
2.000%
1/15/26
541,274
776
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.125%
4/15/25
756,750
805
United
States
Treasury
Inflation
Indexed
Bonds
0.750%
7/15/28
768,666
904
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.250%
7/15/29
833,636
891
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.125%
10/15/25
865,073
858
(g)
United
States
Treasury
Inflation
Indexed
Bonds
3.625%
4/15/28
912,036
1,035
United
States
Treasury
Inflation
Indexed
Bonds
1.125%
1/15/33
970,832
1,040
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.375%
7/15/25
1,017,532
941
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.125%
4/15/26
900,885
1,185
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.125%
1/15/31
1,053,806
31
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
$
1,233
United
States
Treasury
Inflation
Indexed
Bonds
0.625%
1/15/26
$
1,197,409
1,277
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.375%
1/15/27
1,217,570
1,365
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.125%
4/15/27
1,286,265
1,404
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.875%
1/15/29
1,338,688
1,924
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.125%
7/15/30
1,733,526
1,411
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.125%
10/15/26
1,345,617
1,151
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.125%
7/15/31
1,017,843
1,498
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.125%
1/15/30
1,356,090
1,655
(g)
United
States
Treasury
Inflation
Indexed
Bonds
1.375%
7/15/33
1,588,257
1,500
(g)
United
States
Treasury
Inflation
Indexed
Bonds
0.500%
1/15/28
1,419,421
1,061
(g)
United
States
Treasury
Inflation
Indexed
Bonds
-
When
Issued
0.625%
7/15/32
962,345
1,669
(g)
United
States
Treasury
Inflation
Indexed
Bonds
-
When
Issued
0.125%
1/15/32
1,457,578
235
United
States
Treasury
Note/Bond
4.875%
10/31/30
243,546
446
(g)
United
States
Treasury
Note/Bond
2.875%
5/15/49
339,028
639
(g)
United
States
Treasury
Note/Bond
4.125%
7/31/28
634,509
739
(g)
United
States
Treasury
Note/Bond
3.875%
5/15/43
682,414
788
(g)
United
States
Treasury
Note/Bond
3.875%
8/15/33
766,777
200
United
States
Treasury
Note/Bond
4.375%
11/15/39
201,766
550
(g)
United
States
Treasury
Note/Bond
3.625%
5/15/53
483,314
200
United
States
Treasury
Note/Bond
4.750%
7/31/25
199,648
Total
U.S.
Government
and
Agency
Obligations
(cost
$31,188,405)
31,585,092
Principal
Amount
(000)
Description
(a)
,(n)
Coupon
Maturity
Value
X
–
CONTINGENT
CAPITAL
SECURITIES
-
4
.9
%
(
3
.6
%
of
Total
Investments)
X
22,514,610
Banks
-
4.1%
$
640
(d)
Banco
Bilbao
Vizcaya
Argentaria
SA
6.125%
N/A
(m)
$
589,391
200
Banco
Bilbao
Vizcaya
Argentaria
SA
9.375%
N/A
(m)
215,092
400
Banco
Bilbao
Vizcaya
Argentaria
SA
6.500%
N/A
(m)
396,590
500
Banco
Mercantil
del
Norte
SA/Grand
Cayman,
144A
7.625%
N/A
(m)
499,401
800
(d)
Banco
Santander
SA
4.750%
N/A
(m)
695,761
200
Banco
Santander
SA
9.625%
N/A
(m)
220,292
200
Bank
Hapoalim
BM,
144A,
Reg
S
3.255%
1/21/32
179,222
430
Barclays
PLC
6.125%
N/A
(m)
415,006
300
Barclays
PLC
8.000%
N/A
(m)
299,382
565
Barclays
PLC
9.625%
N/A
(m)
599,127
250
Barclays
PLC
8.000%
N/A
(m)
249,345
200
BBVA
Bancomer
SA/Texas,
144A
8.450%
6/29/38
211,197
380
BNP
Paribas
SA,
144A
7.375%
N/A
(m)
380,901
565
BNP
Paribas
SA,
144A
7.750%
N/A
(m)
578,381
625
BNP
Paribas
SA,
144A
8.000%
N/A
(m)
637,894
200
BNP
Paribas
SA,
144A
9.250%
N/A
(m)
214,604
410
BNP
Paribas
SA,
144A
8.500%
N/A
(m)
428,553
625
BNP
Paribas
SA,
144A
7.000%
N/A
(m)
619,188
515
Credit
Agricole
SA,
144A
8.125%
N/A
(m)
525,300
1,260
HSBC
Holdings
PLC
6.375%
N/A
(m)
1,251,081
715
HSBC
Holdings
PLC
8.000%
N/A
(m)
742,135
910
(d)
HSBC
Holdings
PLC
6.000%
N/A
(m)
875,938
380
ING
Groep
NV
6.500%
N/A
(m)
375,280
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
32
NMAI
Principal
Amount
(000)
Description
(a),(n)
Coupon
Maturity
Value
Banks
(continued)
$
845
(d)
ING
Groep
NV
5.750%
N/A
(m)
$
804,479
620
Intesa
Sanpaolo
SpA,
144A
7.700%
N/A
(m)
617,507
240
Lloyds
Banking
Group
PLC
8.000%
N/A
(m)
241,648
555
Lloyds
Banking
Group
PLC
7.500%
N/A
(m)
551,663
630
Lloyds
Banking
Group
PLC
7.500%
N/A
(m)
627,482
500
Macquarie
Bank
Ltd/London,
144A
6.125%
N/A
(m)
479,922
680
NatWest
Group
PLC
8.000%
N/A
(m)
683,691
770
NatWest
Group
PLC
6.000%
N/A
(m)
751,898
725
Societe
Generale
SA,
144A
9.375%
N/A
(m)
750,783
780
Societe
Generale
SA,
144A
10.000%
N/A
(m)
827,473
45
Societe
Generale
SA,
144A
8.000%
N/A
(m)
45,208
600
Standard
Chartered
PLC,
144A
7.750%
N/A
(m)
607,646
435
UniCredit
SpA,
Reg
S
8.000%
N/A
(m)
435,039
Total
Banks
18,623,500
Financial
Services
-
0.8%
800
(d)
Deutsche
Bank
AG
6.000%
N/A
(m)
738,582
200
Deutsche
Bank
AG
7.500%
N/A
(m)
196,615
1,165
UBS
Group
AG,
Reg
S
6.875%
N/A
(m)
1,151,894
630
UBS
Group
AG,
Reg
S
7.000%
N/A
(m)
629,142
410
UBS
Group
AG,
144A
9.250%
N/A
(m)
462,700
420
UBS
Group
AG,
144A
9.250%
N/A
(m)
455,060
250
UBS
Group
AG,
144A
7.750%
N/A
(m)
257,117
Total
Financial
Services
3,891,110
Total
Contingent
Capital
Securities
(cost
$23,540,901)
22,514,610
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
CORPORATE
BONDS
-
3
.0
%
(
2
.2
%
of
Total
Investments)
X
14,032,644
Automobiles
&
Components
-
0.0%
$
60
General
Motors
Financial
Co
Inc
5.850%
4/06/30
$
61,196
35
General
Motors
Financial
Co
Inc
2.750%
6/20/25
33,823
Total
Automobiles
&
Components
95,019
Banks
-
0.3%
190
Bank
of
America
Corp
5.468%
1/23/35
191,238
130
Bank
of
America
Corp
5.819%
9/15/29
133,294
30
Barclays
PLC
6.490%
9/13/29
31,188
25
Citibank
NA
5.803%
9/29/28
25,879
70
Citigroup
Inc
4.910%
5/24/33
67,485
20
Deutsche
Bank
AG/New
York
NY
6.819%
11/20/29
20,908
400
ING
Groep
NV,
Reg
S
7.500%
5/16/72
396,588
135
JPMorgan
Chase
&
Co
5.350%
6/01/34
135,521
65
JPMorgan
Chase
&
Co
4.851%
7/25/28
64,452
45
Morgan
Stanley
Bank
NA
4.952%
1/14/28
44,815
205
Societe
Generale
SA,
144A
8.500%
12/30/49
203,975
35
Wells
Fargo
&
Co
5.574%
7/25/29
35,415
40
Wells
Fargo
Bank
NA
5.450%
8/07/26
40,269
Total
Banks
1,391,027
Capital
Goods
-
0.1%
35
Boeing
Co/The
5.805%
5/01/50
33,114
15
Boeing
Co/The
3.250%
2/01/28
13,800
20
Honeywell
International
Inc
5.250%
3/01/54
20,180
200
IRB
Infrastructure
Developers
Ltd,
144A
7.110%
3/11/32
202,301
33
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Capital
Goods
(continued)
$
25
L3Harris
Technologies
Inc
5.400%
7/31/33
$
25,157
5
Lockheed
Martin
Corp
5.200%
2/15/64
4,944
35
Raytheon
Technologies
Corp
2.250%
7/01/30
29,881
55
Trane
Technologies
Financing
Ltd
3.550%
11/01/24
54,397
Total
Capital
Goods
383,774
Commercial
&
Professional
Services
-
0.4%
75
Boost
Newco
Borrower
LLC,
144A
7.500%
1/15/31
78,511
973
(d)
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc,
144A
5.750%
4/15/26
970,161
325
(d)
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc,
144A
6.250%
1/15/28
318,363
200
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc,
144A
3.375%
8/31/27
183,705
42
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc,
144A
5.250%
4/15/24
41,923
Total
Commercial
&
Professional
Services
1,592,663
Consumer
Discretionary
Distribution
&
Retail
-
0.1%
640
(d)
Hertz
Corp/The,
144A
4.625%
12/01/26
580,825
25
Lowe's
Cos
Inc
4.250%
4/01/52
20,482
Total
Consumer
Discretionary
Distribution
&
Retail
601,307
Consumer
Services
-
0.1%
75
1011778
BC
ULC
/
New
Red
Finance
Inc,
144A
4.000%
10/15/30
66,825
250
(d)
Life
Time
Inc,
144A
5.750%
1/15/26
247,972
250
MGM
Resorts
International
6.750%
5/01/25
249,882
Total
Consumer
Services
564,679
Consumer
Staples
Distribution
&
Retail
-
0.1%
200
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC,
144A
5.875%
2/15/28
198,008
5
Sysco
Corp
6.600%
4/01/50
5,704
30
Walmart
Inc
2.500%
9/22/41
21,546
10
Walmart
Inc
4.500%
4/15/53
9,244
Total
Consumer
Staples
Distribution
&
Retail
234,502
Energy
-
0.3%
200
BORR
IHC
LTD
/
BORR
FIN,
144A
10.000%
11/15/28
207,709
5
Cenovus
Energy
Inc
5.400%
6/15/47
4,709
10
Diamondback
Energy
Inc
4.400%
3/24/51
8,284
25
Diamondback
Energy
Inc
3.250%
12/01/26
23,966
35
Energy
Transfer
LP
5.950%
5/15/54
34,928
30
Energy
Transfer
LP
4.250%
4/01/24
30,000
25
Energy
Transfer
LP
5.550%
5/15/34
25,076
50
Enterprise
Products
Operating
LLC
4.200%
1/31/50
42,268
100
EQM
Midstream
Partners
LP,
144A
6.500%
7/01/27
100,884
100
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co,
144A
6.250%
4/15/32
98,620
200
Kosmos
Energy
Ltd,
144A
7.500%
3/01/28
193,784
10
Marathon
Oil
Corp
5.300%
4/01/29
9,982
20
Marathon
Petroleum
Corp
6.500%
3/01/41
21,746
250
Matador
Resources
Co
5.875%
9/15/26
250,026
200
MEDCO
MAPLE
TREE
PTE
LTD,
144A
8.960%
4/27/29
207,796
25
MPLX
LP
2.650%
8/15/30
21,503
25
MPLX
LP
4.700%
4/15/48
21,327
80
MPLX
LP
4.875%
6/01/25
79,330
10
ONEOK
Inc
4.500%
3/15/50
8,154
30
Phillips
66
Co
5.300%
6/30/33
30,186
Total
Energy
1,420,278
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
34
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Equity
Real
Estate
Investment
Trusts
(REITs)
-
0.1%
$
110
American
Tower
Corp
2.750%
1/15/27
$
103,009
35
Brixmor
Operating
Partnership
LP
2.250%
4/01/28
31,079
25
COPT
Defense
Properties
LP
2.750%
4/15/31
20,623
25
Essential
Properties
LP
2.950%
7/15/31
20,276
30
Essex
Portfolio
LP
2.650%
3/15/32
24,838
30
Federal
Realty
OP
LP
1.250%
2/15/26
27,749
60
Kite
Realty
Group
Trust
4.750%
9/15/30
57,407
40
Regency
Centers
LP
2.950%
9/15/29
35,790
250
RLJ
Lodging
Trust
LP,
144A
3.750%
7/01/26
238,077
20
SITE
Centers
Corp
4.250%
2/01/26
19,694
Total
Equity
Real
Estate
Investment
Trusts
(REITs)
578,542
Financial
Services
-
0.0%
70
Goldman
Sachs
Group
Inc/The
2.650%
10/21/32
58,241
65
Morgan
Stanley
5.449%
7/20/29
65,570
25
UBS
Group
AG,
144A
1.494%
8/10/27
22,733
20
UBS
Group
AG
3.750%
3/26/25
19,623
Total
Financial
Services
166,167
Food,
Beverage
&
Tobacco
-
0.0%
40
Anheuser-Busch
Cos
LLC
/
Anheuser-Busch
InBev
Worldwide
Inc
4.900%
2/01/46
38,012
30
BAT
Capital
Corp
6.343%
8/02/30
31,259
40
Constellation
Brands
Inc
2.875%
5/01/30
35,384
15
Philip
Morris
International
Inc
5.250%
2/13/34
14,867
Total
Food,
Beverage
&
Tobacco
119,522
Health
Care
Equipment
&
Services
-
0.3%
60
CVS
Health
Corp
1.750%
8/21/30
49,285
35
CVS
Health
Corp
5.050%
3/25/48
31,786
20
CVS
Health
Corp
2.700%
8/21/40
13,885
15
Elevance
Health
Inc
4.625%
5/15/42
13,625
40
HCA
Inc
3.500%
9/01/30
36,174
30
Humana
Inc
4.875%
4/01/30
29,620
200
Select
Medical
Corp,
144A
6.250%
8/15/26
200,371
625
(d)
Tenet
Healthcare
Corp
4.625%
6/15/28
595,120
250
Tenet
Healthcare
Corp
6.125%
10/01/28
249,104
20
UnitedHealth
Group
Inc
5.050%
4/15/53
19,424
Total
Health
Care
Equipment
&
Services
1,238,394
Household
&
Personal
Products
-
0.0%
15
Haleon
US
Capital
LLC
3.625%
3/24/32
13,518
Total
Household
&
Personal
Products
13,518
Insurance
-
0.3%
475
(d)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-
Issuer,
144A
4.250%
10/15/27
447,193
907
Assurant
Inc
7.000%
3/27/48
923,660
35
Berkshire
Hathaway
Finance
Corp
2.850%
10/15/50
23,620
50
Hartford
Financial
Services
Group
Inc/The
2.800%
8/19/29
44,864
30
Principal
Life
Global
Funding
II,
144A
0.875%
1/12/26
27,709
Total
Insurance
1,467,046
Materials
-
0.1%
20
Amcor
Flexibles
North
America
Inc
2.690%
5/25/31
16,993
75
Ball
Corp
6.000%
6/15/29
75,713
40
Berry
Global
Inc
1.570%
1/15/26
37,392
200
Corp
Nacional
del
Cobre
de
Chile,
144A
6.440%
1/26/36
205,885
200
JSW
Steel
Ltd,
144A
5.050%
4/05/32
176,200
35
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Materials
(continued)
$
35
Nutrien
Ltd
4.900%
3/27/28
$
34,815
Total
Materials
546,998
Media
&
Entertainment
-
0.2%
200
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
4.500%
5/01/32
160,719
75
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp,
144A
7.375%
3/03/31
73,551
90
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
3.500%
3/01/42
60,051
40
Comcast
Corp
2.800%
1/15/51
25,593
30
Comcast
Corp
1.500%
2/15/31
24,221
15
Comcast
Corp
5.350%
5/15/53
14,887
300
LCPR
Senior
Secured
Financing
DAC,
144A
5.125%
7/15/29
251,243
69
McGraw-Hill
Education
Inc,
144A
5.750%
8/01/28
64,995
250
(d)
Outfront
Media
Capital
LLC
/
Outfront
Media
Capital
Corp,
144A
5.000%
8/15/27
240,615
35
Warnermedia
Holdings
Inc
5.050%
3/15/42
30,082
Total
Media
&
Entertainment
945,957
Pharmaceuticals,
Biotechnology
&
Life
Sciences
-
0.1%
15
AbbVie
Inc
5.400%
3/15/54
15,439
15
AbbVie
Inc
5.050%
3/15/34
15,186
40
Amgen
Inc
5.650%
3/02/53
40,758
25
Amgen
Inc
5.250%
3/02/33
25,210
250
Organon
&
Co
/
Organon
Foreign
Debt
Co-Issuer
BV,
144A
5.125%
4/30/31
222,278
65
Pfizer
Investment
Enterprises
Pte
Ltd
4.450%
5/19/28
64,075
40
Pfizer
Investment
Enterprises
Pte
Ltd
5.300%
5/19/53
39,769
10
Pfizer
Investment
Enterprises
Pte
Ltd
4.750%
5/19/33
9,846
Total
Pharmaceuticals,
Biotechnology
&
Life
Sciences
432,561
Semiconductors
&
Semiconductor
Equipment
-
0.0%
55
Broadcom
Inc,
144A
4.926%
5/15/37
52,199
15
Texas
Instruments
Inc
5.000%
3/14/53
14,717
Total
Semiconductors
&
Semiconductor
Equipment
66,916
Software
&
Services
-
0.0%
75
Open
Text
Holdings
Inc,
144A
4.125%
12/01/31
65,819
25
Oracle
Corp
5.550%
2/06/53
24,456
20
Oracle
Corp
4.900%
2/06/33
19,581
40
Roper
Technologies
Inc
2.000%
6/30/30
33,386
20
Salesforce
Inc
2.700%
7/15/41
14,473
Total
Software
&
Services
157,715
Technology
Hardware
&
Equipment
-
0.0%
55
Apple
Inc
2.450%
8/04/26
52,252
10
Apple
Inc
2.650%
5/11/50
6,640
Total
Technology
Hardware
&
Equipment
58,892
Telecommunication
Services
-
0.2%
45
AT&T
Inc
3.800%
12/01/57
32,581
40
AT&T
Inc
3.650%
6/01/51
29,365
40
AT&T
Inc
3.500%
9/15/53
28,221
15
AT&T
Inc
3.500%
6/01/41
11,709
375
(d)
Frontier
Communications
Holdings
LLC,
144A
5.875%
10/15/27
363,051
80
(g)
Level
3
Financing
Inc,
144A
3.400%
3/01/27
81,200
75
T-Mobile
USA
Inc
2.250%
11/15/31
61,585
20
T-Mobile
USA
Inc
5.150%
4/15/34
19,933
125
Verizon
Communications
Inc
1.750%
1/20/31
101,466
Total
Telecommunication
Services
729,111
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
36
NMAI
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
Transportation
-
0.1%
$
40
Canadian
Pacific
Railway
Co
2.050%
3/05/30
$
34,027
250
United
Airlines
Inc,
144A
4.375%
4/15/26
241,685
Total
Transportation
275,712
Utilities
-
0.2%
70
AEP
Transmission
Co
LLC
5.400%
3/15/53
69,680
30
Ameren
Illinois
Co
4.950%
6/01/33
29,692
15
Atmos
Energy
Corp
6.200%
11/15/53
16,899
30
DTE
Electric
Co
5.200%
3/01/34
30,137
45
Duke
Energy
Carolinas
LLC
4.250%
12/15/41
38,744
35
Duke
Energy
Carolinas
LLC
5.350%
1/15/53
34,505
55
Florida
Power
&
Light
Co
4.800%
5/15/33
54,168
25
Florida
Power
&
Light
Co
5.050%
4/01/28
25,273
85
Georgia
Power
Co
2.650%
9/15/29
75,759
25
Interstate
Power
and
Light
Co
3.100%
11/30/51
16,409
484
PG&E
Corp
5.000%
7/01/28
466,122
50
PG&E
Corp
5.250%
7/01/30
47,512
40
Public
Service
Co
of
Colorado
1.875%
6/15/31
32,342
25
Public
Service
Co
of
Colorado
2.700%
1/15/51
15,102
Total
Utilities
952,344
Total
Corporate
Bonds
(cost
$14,219,541)
14,032,644
Shares
Description
(a)
Coupon
Value
X
–
$25
PAR
(OR
SIMILAR)
RETAIL
PREFERRED
-
3
.0
%
(
2
.2
%
of
Total
Investments)
X
13,794,696
Automobiles
&
Components
-
0.1%
2,542
Dr
Ing
hc
F
Porsche
AG
0.000%
$
252,822
Total
Automobiles
&
Components
252,822
Banks
-
0.9%
94,100
Banco
Bradesco
SA
0.000%
267,549
4,750
Farm
Credit
Bank
of
Texas,
144A
9.601%
472,625
15,622
Fifth
Third
Bancorp
9.302%
394,612
177,300
Itau
Unibanco
Holding
SA
0.000%
1,224,563
27,025
KeyCorp
6.200%
619,143
8,825
KeyCorp
6.125%
211,271
13,005
New
York
Community
Bancorp
Inc
6.375%
226,547
12,231
Regions
Financial
Corp
6.375%
300,149
6,500
Synovus
Financial
Corp
5.875%
160,160
7,800
Western
Alliance
Bancorp
4.250%
140,400
9,100
Wintrust
Financial
Corp
6.875%
225,225
Total
Banks
4,242,244
Capital
Goods
-
0.1%
9,427
Air
Lease
Corp
6.150%
244,536
6,800
WESCO
International
Inc
10.625%
178,908
Total
Capital
Goods
423,444
Energy
-
0.3%
2,800
Energy
Transfer
LP
7.600%
70,840
25,500
(d)
NuStar
Energy
LP
11.234%
644,130
18,300
NuStar
Energy
LP
12.357%
473,238
541,133
Raizen
SA
0.000%
381,946
Total
Energy
1,570,154
37
Shares
Description
(a)
Coupon
Value
Financial
Services
-
0.4%
11,100
Equitable
Holdings
Inc
5.250%
$
253,413
25,000
Morgan
Stanley
6.875%
628,999
6,900
Morgan
Stanley
6.500%
181,539
4,206
Morgan
Stanley
7.125%
106,202
8,848
Synchrony
Financial
5.625%
166,785
17,343
Voya
Financial
Inc
5.350%
410,162
Total
Financial
Services
1,747,100
Food,
Beverage
&
Tobacco
-
0.3%
34,746
(d)
CHS
Inc
7.100%
910,345
17,393
CHS
Inc
6.750%
436,912
Total
Food,
Beverage
&
Tobacco
1,347,257
Insurance
-
0.9%
24,200
American
Equity
Investment
Life
Holding
Co
6.625%
586,366
22,866
(d)
American
Equity
Investment
Life
Holding
Co
5.950%
554,043
21,148
Aspen
Insurance
Holdings
Ltd
9.652%
535,467
15,200
Aspen
Insurance
Holdings
Ltd
5.625%
310,232
9,600
Assurant
Inc
5.250%
218,880
19,836
Athene
Holding
Ltd
6.350%
472,692
16,890
Athene
Holding
Ltd
6.375%
419,885
10,532
Enstar
Group
Ltd
7.000%
263,827
14,737
Reinsurance
Group
of
America
Inc
5.750%
368,425
9,609
Reinsurance
Group
of
America
Inc
7.125%
248,777
8,200
Selective
Insurance
Group
Inc
4.600%
154,652
Total
Insurance
4,133,246
Telecommunication
Services
-
0.0%
3,900
AT&T
Inc
4.750%
78,429
Total
Telecommunication
Services
78,429
Total
$25
Par
(or
similar)
Retail
Preferred
(cost
$14,247,530)
13,794,696
Shares
Description
(a)
Value
X
–
INVESTMENT
COMPANIES
-
0.0%
(0.0%
of
Total
Investments)
X
187,543
45,510
3i
Infrastructure
PLC
$
187,543
Total
Investment
Companies
(cost
$179,732)
187,543
Type
Description
(o)
Number
of
Contracts
Notional
Amount
(p)
Exercise
Price
Expiration
Date
Value
OPTIONS
PURCHASED
-
0
.0
%
(
0
.0
%
of
Total
Investments)
Put
S&P
500
Index
5
$
2,250,000
$
4500
4/19/24
$
838
Total
Options
Purchased
(cost
$2,012)
5
$
2,250,000
838
Total
Long-Term
Investments
(cost
$565,581,426)
606,322,229
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
38
NMAI
Investment
in
Derivatives
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
Amount
(000)
Description
(a)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
4.9% (3.6%
of
Total
Investments)
X
–
REPURCHASE
AGREEMENTS
-
4
.9
%
(
3
.6
%
of
Total
Investments)
X
22,585,632
$
17,925
(q)
Fixed
Income
Clearing
Corp
(FICC)
5.280%
4/01/24
$
17,925,000
4,661
(r)
Fixed
Income
Clearing
Corp
(FICC)
1.600%
4/01/24
4,660,632
Total
Repurchase
Agreements
(cost
$22,585,632)
22,585,632
Total
Short-Term
Investments
(cost
$22,585,632)
22,585,632
Total
Investments
(cost
$
588,167,058
)
-
136
.2
%
628,907,861
Borrowings
-
(18.8)%
(s),(t)
(
86,816,000
)
Reverse
Repurchase
Agreements,
including
accrued
interest
-
(14.9)%(u)
(
68,625,771
)
Other
Assets
&
Liabilities,
Net
- (2.5)%
(
11,840,742
)
Net
Assets
Applicable
to
Common
Shares
-
100%
$
461,625,348
Options
Written
Type
Description
(a)
Number
of
Contracts
Notional
Amount
(b)
Exercise
Price
Expiration
Date
Value
Call
Russell
2000
Index
(11)
$
(
2,420,000
)
$
2,200
4/19/24
$
(
12,980
)
Call
S&P
500
Index
(10)
(
5,200,000
)
5,200
4/19/24
(
94,850
)
Call
S&P
500
Index
(25)
(
13,250,000
)
5,300
4/19/24
(
87,875
)
Call
S&P
500
Index
(10)
(
5,400,000
)
5,400
4/19/24
(
8,150
)
Total
Options
Written
(premiums
received
$165,820)
(56)
$(26,270,000)
$(203,855)
Forward
Foreign
Currency
Contracts
Currency
Purchased
Notional
Amount
(Local
Currency)
Currency
Sold
Notional
Amount
(Local
Currency)
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
U.S.
Dollar
1,091,699
Euro
993,020
Morgan
Stanley
Capital
Services
LLC
4/16/24
$
19,828
Total
$19,828
39
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Common
Stocks
$
132,517,691
$
78,399,950
$
1,347
$
210,918,988
Asset-Backed
and
Mortgage-Backed
Securities
–
81,223,406
213,863
81,437,269
Exchange-Traded
Funds
34,937,420
24,567,445
–
59,504,865
Variable
Rate
Senior
Loan
Interests
–
52,345,676
–
52,345,676
Emerging
Market
Debt
and
Foreign
Corporate
Bonds
–
41,232,953
–
41,232,953
$1,000
Par
(or
similar)
Institutional
Preferred
–
39,585,701
–
39,585,701
Real
Estate
Investment
Trust
Common
Stocks
39,181,354
–
–
39,181,354
U.S.
Government
and
Agency
Obligations
–
31,585,092
–
31,585,092
Contingent
Capital
Securities
–
22,514,610
–
22,514,610
Corporate
Bonds
–
14,032,644
–
14,032,644
$25
Par
(or
similar)
Retail
Preferred
11,667,816
2,126,880
–
13,794,696
Investment
Companies
–
187,543
–
187,543
Options
Purchased
838
–
–
838
Short-Term
Investments:
Repurchase
Agreements
–
22,585,632
–
22,585,632
Investments
in
Derivatives:
Forward
Foreign
Currency
Contracts*
–
19,828
–
19,828
Options
Written
(203,855)
–
–
(203,855)
Total
$
218,101,264
$
410,407,360
$
215,210
$
628,723,834
*
Represents
net
unrealized
appreciation
(depreciation).
For
Fund
portfolio
compliance
purposes,
the
Fund’s
industry
classifications
refer
to
any
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
ratings
group
indexes,
and/or
as
defined
by
Fund
management.
This
definition
may
not
apply
for
purposes
of
this
report,
which
may
combine
industry
sub-classifications
into
sectors
for
reporting
ease.
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets
applicable
to
common
shares
unless
otherwise
noted.
(b)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(c)
Investment,
or
portion
of
investment,
has
been
pledged
to
collateralize
the
net
payment
obligations
for
investments
in
derivatives.
(d)
Investment,
or
portion
of
investment,
is
hypothecated.
The
total
value
of
investments
hypothecated
as
of
the
end
of
the
reporting
period
was
$64,495,761.
(e)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(f)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(g)
Investment,
or
portion
of
investment,
has
been
pledged
to
collateralize
the
net
payment
obligations
for
investments
in
reverse
repurchase
agreements.
As
of
the
end
of
the
reporting
period,
investments
with
a
value
of
$78,736,741
have
been
pledged
as
collateral
for
reverse
repurchase
agreements.
(h)
Senior
loans
generally
pay
interest
at
rates
which
are
periodically
adjusted
by
reference
to
a
base
short-term,
floating
lending
rate
(Reference
Rate)
plus
an
assigned
fixed
rate
(Spread).
These
floating
lending
rates
are
generally
(i)
the
lending
rate
referenced
by
the
London
Inter-Bank
Offered
Rate
("LIBOR"),
or
(ii)
the
prime
rate
offered
by
one
or
more
major
United
States
banks.
Senior
loans
may
be
considered
restricted
in
that
the
Fund
ordinarily
is
contractually
obligated
to
receive
approval
from
the
agent
bank
and/or
borrower
prior
to
the
disposition
of
a
senior
loan.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(i)
Senior
loans
generally
are
subject
to
mandatory
and/or
optional
prepayment.
Because
of
these
mandatory
prepayment
conditions
and
because
there
may
be
significant
economic
incentives
for
a
borrower
to
prepay,
prepayments
of
senior
loans
may
occur.
As
a
result,
the
actual
remaining
maturity
of
senior
loans
held
may
be
substantially
less
than
the
stated
maturities
shown.
(j)
Defaulted
security.
A
security
whose
issuer
has
failed
to
fully
pay
principal
and/or
interest
when
due,
or
is
under
the
protection
of
bankruptcy.
(k)
Investment,
or
portion
of
investment,
represents
an
outstanding
unfunded
senior
loan
commitment.
(l)
Principal
Amount
(000)
rounds
to
less
than
$1,000.
(m)
Perpetual
security.
Maturity
date
is
not
applicable.
(n)
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.
(o)
Exchange-traded,
unless
otherwise
noted.
(p)
For
disclosure
purposes,
Notional
Amount
is
calculated
by
multiplying
the
Number
of
Contracts
by
the
Exercise
Price
by
100.
(q)
Agreement
with
Fixed
Income
Clearing
Corporation,
5.280%
dated
3/28/24
to
be
repurchased
at
$17,935,516
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
1.750%–2.000%
and
maturity
dates
8/15/41–11/15/41,
valued
at
$18,283,587.
(r)
Agreement
with
Fixed
Income
Clearing
Corporation,
1.600%
dated
3/28/24
to
be
repurchased
at
$4,661,461
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.750%
and
maturity
date
2/15/41,
valued
at
$4,753,850.
(s)
Borrowings
as
a
percentage
of
Total
Investments
is
13.8%.
(t)
The
Fund
may
pledge
up
to
100%
of
its
eligible
investments
(excluding
any
investments
separately
pledged
as
collateral
for
specific
investments
in
derivatives,
when
applicable)
in
the
Portfolio
of
Investments
as
collateral
for
borrowings.
As
of
the
end
of
the
reporting
period,
investments
with
a
value
of
$182,833,094
have
been
pledged
as
collateral
for
borrowings.
(u)
Reverse
Repurchase
Agreements,
including
accrued
interest
as
a
percentage
of
Total
investments
is
10.9%.
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
March
31,
2024
(Unaudited)
40
NMAI
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
ADR
American
Depositary
Receipt
BRL
Brazilian
Real
CZK
Czech
Koruna
DOP
Dominican
Peso
ETF
Exchange-Traded
Fund
EUR
Euro
GDR
Global
Depositary
Receipt
HUF
Hungarian
Forint
IDR
Indonesian
Rupiah
INR
Indian
Rupee
LIBOR
London
Inter-Bank
Offered
Rate
MSCI
Morgan
Stanley
Capital
International
MXN
Mexican
Peso
MYR
Malaysian
Ringgit
N/A
Not
Applicable.
PEN
Peruvian
Sol
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.
PLN
Polish
Zloty
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.
REIT
Real
Estate
Investment
Trust
RON
Romanian
Leu
S&P
Standard
&
Poor's
SOFR
30A
30
Day
Average
Secured
Overnight
Financing
Rate
SOFR
90A
90
Day
Average
Secured
Overnight
Rate
TBD
Senior
loan
purchased
on
a
when-issued
or
delayed-delivery
basis.
Certain
details
associated
with
this
purchase
are
not
known
prior
to
the
settlement
date
of
the
transaction.
In
addition,
senior
loans
typically
trade
without
accrued
interest
and
therefore
a
coupon
rate
is
not
available
prior
to
settlement.
At
settlement,
if
still
unknown,
the
borrower
or
counterparty
will
provide
the
Fund
with
the
final
coupon
rate
and
maturity
date.
THB
Thai
Baht
TRY
Turkish
Lira
TSFR
1M
CME
Term
SOFR
1
Month
TSFR
3M
CME
Term
SOFR
3
Month
TSFR
6M
CME
Term
SOFR
6
Month
UGX
Ugandan
Shilling
UYU
Uruguayan
Peso
WI/DD
When-issued
or
delayed
delivery
security.
ZAR
South
African
Rand