Nuveen Large Cap Select Fund (FLRYX) NPORT-P Nuveen Real Asset Income Fund (Sep 2022 report)

1

Nuveen

Global

Infrastructure

Fund

Portfolio

of

Investments

September

30,

2022

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

97.4%  

X

449,403,221

COMMON

STOCKS

-

89.4%

X

449,403,221

Commercial

Services

&

Supplies

-

5.1%

11,670

Casella

Waste

Systems

Inc,

Class

A

(2)

$

891,471

982,826

Cleanaway

Waste

Management

Ltd

(3)

1,713,417

71,549

Republic

Services

Inc

9,733,526

61,929

Waste

Connections

Inc

8,368,466

29,280

Waste

Management

Inc

4,690,949

Total

Commercial

Services

&

Supplies

25,397,829

Construction

&

Engineering

-

4.2%

40,124

Eiffage

SA

(3)

3,217,665

413,513

Ferrovial

SA

(3)

9,386,170

103,536

Vinci

SA

(3)

8,371,995

Total

Construction

&

Engineering

20,975,830

Diversified

Telecommunication

Services

-

2.1%

198,678

Cellnex

Telecom

SA,

144A

(3)

6,128,535

355,645

HKBN

Ltd

275,920

102,536

IHS

Holding

Ltd

(2)

572,151

333,445

Infrastrutture

Wireless

Italiane

SpA,

144A

(3)

2,909,150

697,109

NetLink

NBN

Trust

439,258

30,171

Radius

Global

Infrastructure

Inc,

Class

A

(2)

284,211

Total

Diversified

Telecommunication

Services

10,609,225

Electric

Utilities

-

21.2%

184,290

Alliant

Energy

Corp

9,765,527

585,649

CK

Infrastructure

Holdings

Ltd

(3)

2,986,998

90,951

Duke

Energy

Corp

8,460,262

1,090,332

EDP

-

Energias

de

Portugal

SA

(3)

4,732,055

5,758

Elia

Group

SA/NV

(3)

677,551

77,781

Emera

Inc

3,147,052

741,031

Enel

SpA

(3)

3,039,134

24,079

Entergy

Corp

2,423,070

49,432

Eversource

Energy

3,853,719

175,672

Exelon

Corp

6,580,673

44,209

FirstEnergy

Corp

1,635,733

80,940

Hydro

One

Ltd,

144A

1,979,334

575,092

Iberdrola

SA

(3)

5,362,263

338,881

NextEra

Energy

Inc

26,571,659

21,297

Orsted

AS,

144A

(3)

1,697,386

394,397

Power

Grid

Corp

of

India

Ltd

(3)

1,024,055

58,303

PPL

Corp

1,477,981

23,569

Red

Electrica

Corp

SA

(3)

361,680

4,482

Southern

Co

304,776

38,708

SSE

PLC

(3)

653,623

835,812

Terna

-

Rete

Elettrica

Nazionale

(3)

5,090,536

227,417

Xcel

Energy

Inc

14,554,688

Total

Electric

Utilities

106,379,755

Gas

Utilities

-

1.2%

16,948

AltaGas

Ltd

324,519

479,234

APA

Group

(3)

2,948,698

35,275

Enagas

SA

(3)

546,020

595,174

Snam

SpA

(3)

2,405,652

Total

Gas

Utilities

6,224,889

Nuveen

Global

Infrastructure

Fund

(continued)

Portfolio

of

Investments

September

30,

2022

(Unaudited)

2

Shares

Description

(1)

Value

Independent

Power

And

Renewable

Electricity

Producers

-

3.8%

66,922

Brookfield

Renewable

Corp,

Class

A

$

2,187,011

153,568

Clearway

Energy

Inc,

Class

C

4,891,141

498,362

Meridian

Energy

Ltd

(3)

1,337,256

75,503

NextEra

Energy

Partners

LP

(4)

5,459,622

139,869

RWE

AG

(3)

5,141,023

Total

Independent

Power

And

Renewable

Electricity

Producers

19,016,053

It

Services

-

0.4%

402,477

NEXTDC

Ltd

(2),(3)

2,251,868

Machinery

-

0.1%

22,212

Evoqua

Water

Technologies

Corp

(2)

734,551

Media

-

0.1%

2,342,755

Converge

Information

and

Communications

Technology

Solutions

Inc

(2),(3)

520,802

Multi-Utilities

-

10.7%

36,694

Ameren

Corp

2,955,702

11,922

Brookfield

Infrastructure

Corp,

Class

A

485,225

113,666

CenterPoint

Energy

Inc

3,203,108

163,338

CMS

Energy

Corp

9,512,805

181,573

Dominion

Energy

Inc

12,548,510

55,306

DTE

Energy

Co

6,362,955

11,988

National

Grid

PLC,

Sponsored

ADR

617,742

123,167

NiSource

Inc

3,102,577

1,293,774

Sembcorp

Industries

Ltd

(3)

2,763,360

38,633

Sempra

Energy

5,792,632

39,617

Veolia

Environnement

SA

(3)

757,167

64,410

WEC

Energy

Group

Inc

5,760,186

Total

Multi-Utilities

53,861,969

Oil,

Gas

&

Consumable

Fuels

-

16.3%

83,540

Cheniere

Energy

Inc

13,860,121

2,647

DT

Midstream

Inc

137,353

511,118

Enbridge

Inc

18,962,478

43,223

Energy

Transfer

LP

476,750

107,132

Enterprise

Products

Partners

LP

2,547,599

63,077

Gibson

Energy

Inc

1,003,223

123,723

Keyera

Corp

2,547,278

345,479

Kinder

Morgan

Inc

5,748,770

58,213

ONEOK

Inc

2,982,834

131,293

Pembina

Pipeline

Corp

3,988,167

47,835

Plains

GP

Holdings

LP,

Class

A

521,880

100,908

Targa

Resources

Corp

6,088,789

257,402

TC

Energy

Corp

10,368,007

447,557

Williams

Cos

Inc

12,813,557

Total

Oil,

Gas

&

Consumable

Fuels

82,046,806

Road

&

Rail

-

4.0%

29,953

Canadian

National

Railway

Co

3,234,624

46,520

Canadian

Pacific

Railway

Ltd

3,103,814

62,826

CSX

Corp

1,673,685

118,413

East

Japan

Railway

Co

(3)

6,072,749

3,481

Norfolk

Southern

Corp

729,792

27,343

Union

Pacific

Corp

5,326,963

Total

Road

&

Rail

20,141,627

3

Shares

Description

(1)

Value

Transportation

Infrastructure

-

18.4%

118,063

Aena

SME

SA,

144A

(2),(3)

$

12,252,532

109,310

Atlantia

SpA

(3)

2,411,998

1,660,321

Atlas

Arteria

Ltd

(3)

6,611,488

2,488,997

Auckland

International

Airport

Ltd

(2),(3)

9,976,689

1,266,443

China

Merchants

Port

Holdings

Co

Ltd

(3)

1,590,665

1,034,241

COSCO

Shipping

Ports

Ltd

(3)

650,957

275,800

Enav

SpA,

144A

(2),(3)

1,003,590

19,431

Flughafen

Zurich

AG

(2),(3)

2,872,014

40,782

Fraport

AG

Frankfurt

Airport

Services

Worldwide

(2),(3)

1,466,465

528,404

Getlink

SE

(3)

8,194,141

91,229

Grupo

Aeroportuario

del

Centro

Norte

SAB

de

CV,

ADR

4,574,222

50,758

Grupo

Aeroportuario

del

Pacifico

SAB

de

CV,

ADR

6,435,099

353,832

International

Container

Terminal

Services

Inc

(3)

943,626

55,810

Japan

Airport

Terminal

Co

Ltd

(2),(3)

2,332,399

194,293

Kamigumi

Co

Ltd

(3)

3,587,202

514,903

Port

of

Tauranga

Ltd

(3)

1,857,100

991,810

Qube

Holdings

Ltd

(3)

1,574,735

3,042,655

Transurban

Group

(3)

24,029,115

Total

Transportation

Infrastructure

92,364,037

Water

Utilities

-

1.8%

305,534

Pennon

Group

PLC

(3)

2,665,851

237,634

Severn

Trent

PLC

(3)

6,212,129

Total

Water

Utilities

8,877,980

Total

Common

Stocks

(cost

$425,679,922)

449,403,221

Shares

Description

(1)

Value

X

39,154,285

REAL

ESTATE

INVESTMENT

TRUST

COMMON

STOCKS

-

7.8%

X

39,154,285

Health

Care

-

0.3%

465,915

Parkway

Life

Real

Estate

Investment

Trust

(3)

$

1,371,203

Specialized

-

7.5%

71,734

American

Tower

Corp  

15,401,290

44,841

Crown

Castle

Inc  

6,481,766

37,982

Digital

Realty

Trust

Inc  

3,767,055

3,606

Equinix

Inc  

2,051,237

35,418

SBA

Communications

Corp  

10,081,734

Total

Specialized

37,783,082

Total

Real

Estate

Investment

Trust

Common

Stocks

(cost

$40,185,849)

39,154,285

Nuveen

Global

Infrastructure

Fund

(continued)

Portfolio

of

Investments

September

30,

2022

(Unaudited)

4

Part

F

of

Form

N-PORT

was

prepared

in

accordance

with

U.S.

generally

accepted

accounting

principles

(“U.S.

GAAP”)

and

in

conformity

with

the

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission

(“SEC”)

related

to

interim

filings.

Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report

pursuant

to

the

rules

of

the

SEC.

For

a

full

set

of

the

Fund’s

notes

to

financial

statements,

please

refer

to

the

Fund’s

most

recently

filed

annual

or

semi-annual

report.

Fair

Value

Measurements

The

Fund’s

investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Board

of

Directors/

Trustees.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

which

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management’s

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels.

Level

1

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

2

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

3

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management’s

assumptions

in

determining

the

fair

value

of

investments).

The

following

table

summarizes

the

market

value

of

the

Fund's

investments

as

of

the

end

of

the

reporting

period,

based

on

the

inputs

used

to

value

them:

Shares

Description

(1)

Value

X

791,868

INVESTMENT

COMPANIES

-

0.2%

X

791,868

796,686

Cordiant

Digital

Infrastructure

Ltd/Fund

$

791,868

Total

Investment

Companies

(cost

$1,113,757)

791,868

Total

Long-Term

Investments

(cost

$466,979,528)

489,349,374

Shares

Description

(1)

Coupon

Value

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

  0.1

%

566,629

MONEY

MARKET

FUNDS

-

0.1%

X

566,629

566,629

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

(5)

3.070%(6)

$

566,629

Total

Investments

Purchased

with

Collateral

from

Securities

Lending

(cost

$566,629)

566,629

Principal

Amount

(000)

Description

(1)

Coupon

Maturity

Value

SHORT-TERM

INVESTMENTS

-

 3.3% 

16,635,892

REPURCHASE

AGREEMENTS

-

3.3%

16,635,892

$

16,636

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

9/30/22,

repurchase

price

$16,637,042,

collateralized

by

$18,356,900,

U.S.

Treasury

Note,

2.250%,

due

8/15/27,

value

$16,968,650

0.830%

10/03/22

$

16,635,892

Total

Short-Term

Investments

(cost

$16,635,892)

16,635,892

Total

Investments

(cost

$

484,182,049

)

-

100

.8

%

506,551,895

Other

Assets

Less

Liabilities

-  (0.8)%

(

3,882,147

)

Net

Assets

-

100%

$

502,669,748

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

277,073,716

$

172,329,505

$

–

$

449,403,221

Real

Estate

Investment

Trust

Common

Stocks

37,783,082

1,371,204

–

39,154,286

Investment

Companies

791,867

–

–

791,867

Investments

Purchased

with

Collateral

from

Securities

Lending

566,629

–

–

566,629

Short-Term

Investments:

Repurchase

Agreements

–

16,635,892

–

16,635,892

Total

$

316,215,294

$

190,336,601

$

–

$

506,551,895

5

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.

(1)

All

percentages

shown

in

the

Portfolio

of

Investments

are

based

on

net

assets.

(2)

Non-income

producing;

issuer

has

not

declared

an

ex-dividend

date

within

the

past

twelve

months.

(3)

For

fair

value

measurement

disclosure

purposes,

investment

classified

as

Level

2.

(4)

Investment,

or

a

portion

of

investment,

is

out

on

loan

for

securities

lending.

The

total

value

of

the

securities

out

on

loan

as

of

the

end

of

the

reporting

period

was

$545,145.

(5)

The

Fund

may

loan

securities

representing

up

to

one

third

of

the

market

value

of

its

total

assets

(which

includes

collateral

for

securities

on

loan)

to

broker

dealers,

banks,

and

other

institutions.

The

collateral

maintained

by

the

Fund

shall

have

a

market

value,

at

the

inception

of

each

loan,

equal

to

not

less

than

100%

of

the

market

value

of

the

loaned

securities.

The

cash

collateral

received

by

the

Fund

is

invested

in

this

money

market

fund.

(6)

The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

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

6

Nuveen

Real

Asset

Income

Fund

Portfolio

of

Investments

September

30,

2022

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

96.7%  

X

282,418,453

COMMON

STOCKS

-

23.1%

X

282,418,453

Air

Freight

&

Logistics

-

0.0%

5,763

Oesterreichische

Post

AG

(2)

$

153,615

Capital

Markets

-

0.2%

1,756,073

Greencoat

Renewables

PLC

1,996,406

Diversified

Financial

Services

-

0.3%

3,123,783

Sdcl

Energy

Efficiency

Income

Trust

PLC

(2)

3,516,509

Diversified

Telecommunication

Services

-

0.8%

1,403,273

HKBN

Ltd

1,088,702

927,032

HKT

Trust

&

HKT

Ltd

(2)

1,085,751

12,081,579

NetLink

NBN

Trust

7,612,762

Total

Diversified

Telecommunication

Services

9,787,215

Electric

Utilities

-

4.6%

61,396

ALLETE

Inc

3,072,870

446,994

Cia

de

Transmissao

de

Energia

Eletrica

Paulista

(2)

1,903,371

822,741

CK

Infrastructure

Holdings

Ltd

(2)

4,196,244

301,992

CLP

Holdings

Ltd

(2)

2,282,374

620,225

Contact

Energy

Ltd

(2)

2,596,676

245,066

Emera

Inc

9,915,473

219,177

Endesa

SA

(2)

3,291,940

1,301,998

Enel

SpA

(2)

5,339,785

180,212

OGE

Energy

Corp

6,570,529

827,890

Power

Assets

Holdings

Ltd

(2)

4,150,024

373,448

Red

Electrica

Corp

SA

(2)

5,730,781

471,139

SSE

PLC

(2)

7,955,650

Total

Electric

Utilities

57,005,717

Gas

Utilities

-

1.6%

924,787

APA

Group

(2)

5,690,159

407,903

Enagas

SA

(2)

6,313,907

7,206

Naturgy

Energy

Group

SA

(2)

166,701

1,972,409

Snam

SpA

(2)

7,972,340

Total

Gas

Utilities

20,143,107

Health

Care

Providers

&

Services

-

0.2%

250,487

Sienna

Senior

Living

Inc

2,136,125

Household

Durables

-

0.2%

144,615

Persimmon

PLC

(2)

1,977,794

Independent

Power

And

Renewable

Electricity

Producers

-

1.2%

105,436

Atlantica

Sustainable

Infrastructure

PLC

2,772,967

80,776

Capital

Power

Corp

2,742,530

201,329

Clearway

Energy

Inc

,

Class

A

5,858,674

15,370

NextEra

Energy

Partners

LP

1,111,405

166,006

TransAlta

Renewables

Inc

(3)

1,756,982

Total

Independent

Power

And

Renewable

Electricity

Producers

14,242,558

Independent

Power

Producers

&

Energy

Traders

-

0.1%

1,349

Canadian

Solar

Infrastructure

Fund

Inc

(2),(3)

1,180,464

7

Shares

Description

(1)

Value

Industrial

Conglomerates

-

0.1%

946,125

NWS

Holdings

Ltd

(2)

$

853,569

Media

-

0.1%

261,387

SES

SA

(2)

1,431,667

Multi-Utilities

-

2.2%

498,193

Algonquin

Power

&

Utilities

Corp

5,442,308

170,606

Canadian

Utilities

Ltd,

Class

A

4,437,596

203,799

National

Grid

PLC,

Sponsored

ADR

10,501,763

60,254

NorthWestern

Corp

2,969,317

1,155,922

REN

-

Redes

Energeticas

Nacionais

SGPS

SA

(2)

2,732,974

416,473

Vector

Ltd

(2)

938,592

Total

Multi-Utilities

27,022,550

Oil,

Gas

&

Consumable

Fuels

-

7.9%

93,895

DT

Midstream

Inc

4,872,211

487,539

Enbridge

Inc

18,087,697

100,922

Energy

Transfer

LP

1,113,170

358,468

Enterprise

Products

Partners

LP

8,524,369

282,067

Gibson

Energy

Inc

4,486,200

174,256

Keyera

Corp

3,587,679

716,207

Kinder

Morgan

Inc

11,917,684

40,158

Magellan

Midstream

Partners

LP

1,907,907

106,553

ONEOK

Inc

5,459,776

294,410

Pembina

Pipeline

Corp

8,943,022

161,478

Plains

GP

Holdings

LP,

Class

A

1,761,725

169,329

TC

Energy

Corp

6,820,477

686,142

Williams

Cos

Inc

19,644,245

Total

Oil,

Gas

&

Consumable

Fuels

97,126,162

Real

Estate

Management

&

Development

-

2.0%

366,690

Amot

Investments

Ltd

(2)

2,096,424

4,581,567

Capitaland

India

Trust

(2)

3,336,829

58,742

Cibus

Nordic

Real

Estate

AB

(2),(3)

765,474

783,519

Corp

Inmobiliaria

Vesta

SAB

de

CV

1,459,700

92,098

DIC

Asset

AG

(2)

697,286

611,483

Hongkong

Land

Holdings

Ltd

(2)

2,686,868

189,769

Kennedy-Wilson

Holdings

Inc

2,933,829

1,000,600

Sino

Land

Co

Ltd

(2)

1,316,117

584,546

Sun

Hung

Kai

Properties

Ltd

(2)

6,451,209

212,927

TAG

Immobilien

AG

(2)

1,699,273

38,613

Vonovia

SE

(2)

833,337

Total

Real

Estate

Management

&

Development

24,276,346

Road

&

Rail

-

0.2%

1,098,287

Aurizon

Holdings

Ltd

(2)

2,429,026

Transportation

Infrastructure

-

1.4%

1,445,492

Atlas

Arteria

Ltd

(2)

5,756,027

1,397,401

China

Merchants

Port

Holdings

Co

Ltd

(2)

1,755,150

2,445,737

COSCO

Shipping

Ports

Ltd

(2)

1,539,359

1,556,388

Dalrymple

Bay

Infrastructure

Ltd

(2)

2,054,982

162,846

Enav

SpA

,

144A

(2),(3)

592,569

41,718

Grupo

Aeroportuario

del

Pacifico

SAB

de

CV,

ADR

5,289,008

203,160

Jiangsu

Expressway

Co

Ltd

(2)

152,528

Total

Transportation

Infrastructure

17,139,623

Total

Common

Stocks

(cost

$300,915,143)

282,418,453

Nuveen

Real

Asset

Income

Fund

(continued)

Portfolio

of

Investments

September

30,

2022

(Unaudited)

8

Principal

Amount

(000)

(4)

Description

(1)

Coupon

Maturity

Ratings

(5)

Value

X

273,637,031

CORPORATE

BONDS

-

22.4%

X

273,637,031

Air

Freight

&

Logistics

-

0.2%

$

2,300

Cargo

Aircraft

Management

Inc

,

144A

4.750%

2/01/28

BB

$

1,979,633

Building

Products

-

0.3%

3,730

Advanced

Drainage

Systems

Inc

,

144A

6.375%

6/15/30

Ba2

3,613,811

Capital

Markets

-

0.2%

2,700

Hunt

Cos

Inc

,

144A

5.250%

4/15/29

BB-

2,067,471

Commercial

Services

&

Supplies

-

0.9%

860

Clean

Harbors

Inc

,

144A

4.875%

7/15/27

BB

783,933

1,500

Clean

Harbors

Inc

,

144A

5.125%

7/15/29

BB

1,381,020

1,570

Covanta

Holding

Corp,

144A

4.875%

12/01/29

B

1,268,968

2,085

GFL

Environmental

Inc

,

144A

4.750%

6/15/29

B-

1,756,613

1,300

GFL

Environmental

Inc

,

144A

3.500%

9/01/28

BB-

1,096,303

4,740

Waste

Connections

Inc

4.200%

1/15/33

BBB+

4,294,258

12,055

Total

Commercial

Services

&

Supplies

10,581,095

Communications

Equipment

-

0.0%

650

Liquid

Telecommunications

Financing

PLC,

144A

5.500%

9/04/26

B1

507,000

Construction

&

Engineering

-

0.2%

1,800

GMR

Hyderabad

International

Airport

Ltd,

144A

5.375%

4/10/24

BB+

1,737,000

1,500

IHS

Netherlands

Holdco

BV,

144A

8.000%

9/18/27

BB-

1,257,750

3,300

Total

Construction

&

Engineering

2,994,750

Diversified

Financial

Services

-

0.5%

968

Cometa

Energia

SA

de

CV,

144A

6.375%

4/24/35

Baa3

873,062

975

Genesis

Energy

LP

/

Genesis

Energy

Finance

Corp

7.750%

2/01/28

B

848,250

550

Indian

Railway

Finance

Corp

Ltd,

144A

3.570%

1/21/32

BBB-

447,342

1,815

Minejesa

Capital

BV,

144A

5.625%

8/10/37

Baa3

1,297,725

15,424

BRL

Swiss

Insured

Brazil

Power

Finance

Sarl

,

144A

9.850%

7/16/32

AAA

2,559,026

19,732

Total

Diversified

Financial

Services

6,025,405

Diversified

Telecommunication

Services

-

0.7%

1,925

Altice

France

SA/France,

144A

5.125%

7/15/29

B

1,438,187

1,325

Altice

France

SA/France,

144A

5.500%

1/15/28

B

1,049,254

200

Cablevision

Lightpath

LLC,

144A

3.875%

9/15/27

B+

167,295

3,280

Cellnex

Finance

Co

SA,

144A

3.875%

7/07/41

BBB-

2,050,590

2,750

Frontier

Communications

Holdings

LLC,

144A

(6)

6.000%

1/15/30

BB-

2,160,469

1,030

Iliad

Holding

SASU,

144A

7.000%

10/15/28

BB-

882,422

865

Iliad

Holding

SASU,

144A

6.500%

10/15/26

BB-

756,356

11,375

Total

Diversified

Telecommunication

Services

8,504,573

Electric

Utilities

-

3.5%

1,806

Acwa

Power

Management

And

Investments

One

Ltd,

144A

5.950%

12/15/39

BBB-

1,614,803

1,925

Adani

Green

Energy

UP

Ltd

/

Prayatna

Developers

Pvt

Ltd

/

Parampujya

Solar

Energ

,

144A

6.250%

12/10/24

BB+

1,749,440

350

Adani

Transmission

Step-One

Ltd,

144A

4.250%

5/21/36

BBB-

280,764

650

AES

Panama

Generation

Holdings

SRL,

144A

4.375%

5/31/30

Baa3

511,875

6,000

CenterPoint

Energy

Houston

Electric

LLC

4.450%

10/01/32

A

5,688,170

1,500

Cikarang

Listrindo

Tbk

PT,

144A

4.950%

9/14/26

BB+

1,363,535

2,325

Clearway

Energy

Operating

LLC,

144A

3.750%

2/15/31

BB

1,846,695

800

Consorcio

Transmantaro

SA,

144A

5.200%

4/11/38

BBB

684,000

1,400

EUR

EDP

-

Energias

de

Portugal

SA

,

Reg

S

4.496%

4/30/79

BB+

1,307,506

625

Electricidad

Firme

de

Mexico

Holdings

SA

de

CV,

144A

4.900%

11/20/26

Ba2

510,156

1,200

Empresa

de

Transmision

Electrica

SA,

144A

5.125%

5/02/49

Baa2

899,040

9

Principal

Amount

(000)

(4)

Description

(1)

Coupon

Maturity

Ratings

(5)

Value

Electric

Utilities

(continued)

$

5,700,000

COP

Empresas

Publicas

de

Medellin

ESP,

144A

8.375%

11/08/27

Baa3

$

923,003

7,500

ITC

Holdings

Corp,

144A

4.950%

9/22/27

BBB+

7,316,850

1,500

Lamar

Funding

Ltd,

144A

3.958%

5/07/25

BB+

1,393,029

1,109

LLPL

Capital

Pte

Ltd,

144A

6.875%

2/04/39

Baa3

891,753

2,781

GBP

NGG

Finance

PLC

,

Reg

S

5.625%

6/18/73

BBB-

2,748,707

1,500

NRG

Energy

Inc

,

144A

3.625%

2/15/31

BB+

1,170,000

2,175

Pacific

Gas

and

Electric

Co

3.300%

8/01/40

BBB-

1,392,343

1,155

Pattern

Energy

Operations

LP

/

Pattern

Energy

Operations

Inc

,

144A

4.500%

8/15/28

BB-

1,001,327

1,000

ReNew

Wind

Energy

AP2

/

ReNew

Power

Pvt

Ltd

other

9

Subsidiaries,

144A

4.500%

7/14/28

Ba3

749,344

3,250

Southern

Co

Gas

Capital

Corp

5.150%

9/15/32

BBB+

3,105,540

6,200

WEC

Energy

Group

Inc

5.150%

10/01/27

BBB+

6,143,994

5,746,751

Total

Electric

Utilities

43,291,874

Electrical

Equipment

-

0.1%

2,130

Vertiv

Group

Corp,

144A

4.125%

11/15/28

BB-

1,714,650

Energy

Equipment

&

Services

-

0.1%

850

Archrock

Partners

LP

/

Archrock

Partners

Finance

Corp,

144A

6.250%

4/01/28

B+

747,146

1,000

Galaxy

Pipeline

Assets

Bidco

Ltd,

144A

3.250%

9/30/40

Aa2

731,017

1,850

Total

Energy

Equipment

&

Services

1,478,163

Equity

Real

Estate

Investment

Trusts

(Reits)

-

3.8%

3,005

Agree

LP

4.800%

10/01/32

Baa1

2,678,932

1,455

CTR

Partnership

LP

/

CareTrust

Capital

Corp,

144A

3.875%

6/30/28

BB+

1,196,737

4,000

Digital

Realty

Trust

LP

(6)

5.550%

1/15/28

Baa2

3,966,618

3,500

Goodman

US

Finance

Five

LLC,

144A

4.625%

5/04/32

BBB+

3,205,959

800

Iron

Mountain

Inc

,

144A

4.500%

2/15/31

BB-

618,544

2,195

Iron

Mountain

Information

Management

Services

Inc

,

144A

5.000%

7/15/32

BB-

1,699,134

9,750

Kimco

Realty

Corp

4.600%

2/01/33

BBB+

8,803,376

1,375

MPT

Operating

Partnership

LP

/

MPT

Finance

Corp

3.500%

3/15/31

BBB-

957,344

12,000

Prologis

LP

4.625%

1/15/33

A

11,406,469

1,430

RLJ

Lodging

Trust

LP,

144A

4.000%

9/15/29

BB-

1,120,221

1,370

RLJ

Lodging

Trust

LP,

144A

3.750%

7/01/26

BB-

1,170,062

5,525

SBA

Communications

Corp

3.125%

2/01/29

BB-

4,443,592

1,695

VICI

Properties

LP

/

VICI

Note

Co

Inc

,

144A

4.500%

1/15/28

BBB-

1,503,783

3,595

Welltower

Inc

3.850%

6/15/32

BBB+

3,072,119

51,695

Total

Equity

Real

Estate

Investment

Trusts

(

Reits

)

45,842,890

Equity

Real

Estate

Investment

Trusts

(REITs)

-

0.4%

1,740

HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC,

144A

3.375%

6/15/26

Baa3

1,396,350

3,035

Scentre

Group

Trust

2,

144A

5.125%

9/24/80

BBB+

2,470,703

1,140

XHR

LP,

144A

4.875%

6/01/29

B+

939,947

5,915

Total

Equity

Real

Estate

Investment

Trusts

(REITs)

4,807,000

Gas

Utilities

-

0.9%

2,965

CAD

AltaGas

Ltd

5.250%

1/11/82

BB+

1,767,023

3,240

CAD

AltaGas

Ltd

7.350%

8/17/82

BB+

2,296,111

2,025

Ferrellgas

LP

/

Ferrellgas

Finance

Corp,

144A

5.375%

4/01/26

B

1,782,000

2,225

Ferrellgas

LP

/

Ferrellgas

Finance

Corp,

144A

5.875%

4/01/29

B

1,825,156

2,550

National

Gas

Co

of

Trinidad

&

Tobago

Ltd,

144A

6.050%

1/15/36

BBB-

2,283,984

700

Superior

Plus

LP

/

Superior

General

Partner

Inc

,

144A

4.500%

3/15/29

BB-

578,102

13,705

Total

Gas

Utilities

10,532,376

Nuveen

Real

Asset

Income

Fund

(continued)

Portfolio

of

Investments

September

30,

2022

(Unaudited)

10

Principal

Amount

(000)

(4)

Description

(1)

Coupon

Maturity

Ratings

(5)

Value

Health

Care

Providers

&

Services

-

0.7%

$

830

Encompass

Health

Corp

4.750%

2/01/30

B+

$

682,821

2,170

Encompass

Health

Corp

4.625%

4/01/31

B+

1,714,859

2,300

Tenet

Healthcare

Corp,

144A

6.125%

6/15/30

BB-

2,106,800

3,925

Tenet

Healthcare

Corp,

144A

6.125%

10/01/28

B+

3,438,649

9,225

Total

Health

Care

Providers

&

Services

7,943,129

Hotels,

Restaurants

&

Leisure

-

0.6%

2,375

CDI

Escrow

Issuer

Inc

,

144A

5.750%

4/01/30

B+

2,074,123

1,650

Fertitta

Entertainment

LLC

/

Fertitta

Entertainment

Finance

Co

Inc

,

144A

4.625%

1/15/29

B

1,365,375

400

Fertitta

Entertainment

LLC

/

Fertitta

Entertainment

Finance

Co

Inc

,

144A

6.750%

7/15/30

CCC+

303,786

2,250

Hilton

Domestic

Operating

Co

Inc

,

144A

4.000%

5/01/31

BB+

1,818,743

1,605

Hilton

Grand

Vacations

Borrower

Escrow

LLC

/

Hilton

Grand

Vacations

Borrower

Esc,

144A

5.000%

6/01/29

BB-

1,295,396

1,065

Marriott

Ownership

Resorts

Inc

,

144A

4.500%

6/15/29

B+

841,675

9,345

Total

Hotels,

Restaurants

&

Leisure

7,699,098

Independent

Power

And

Renewable

Electricity

Producers

-

0.8%

1,720

Atlantica

Sustainable

Infrastructure

PLC,

144A

4.125%

6/15/28

BB+

1,448,111

1,350

Calpine

Corp,

144A

3.750%

3/01/31

BB+

1,056,375

1,695

CAD

Capital

Power

Corp

7.950%

9/09/82

BB

1,217,980

475

Israel

Electric

Corp

Ltd,

144A

,

Reg

S

3.750%

2/22/32

BBB+

408,474

3,315

TerraForm

Power

Operating

LLC,

144A

4.750%

1/15/30

BB-

2,813,706

2,900

Vistra

Operations

Co

LLC,

144A

5.125%

5/13/25

BBB-

2,807,636

11,455

Total

Independent

Power

And

Renewable

Electricity

Producers

9,752,282

Independent

Power

Producers

&

Energy

Traders

-

0.6%

1,196

Alfa

Desarrollo

SpA

,

144A

4.550%

9/27/51

BBB-

789,113

651

Azure

Power

Energy

Ltd,

144A

3.575%

8/19/26

BB+

488,512

3,570

Clearway

Energy

Operating

LLC,

144A

3.750%

1/15/32

BB

2,767,571

1,300

EnfraGen

Energia

Sur

SA

/

EnfraGen

Spain

SA

/

Prime

Energia

SpA

,

144A

5.375%

12/30/30

BBB-

773,097

1,500

Kallpa

Generacion

SA,

144A

4.125%

8/16/27

Baa3

1,301,430

968

UEP

Penonome

II

SA,

144A

6.500%

10/01/38

BB

832,132

9,185

Total

Independent

Power

Producers

&

Energy

Traders

6,951,855

Internet

Software

&

Services

-

0.2%

3,075

Cogent

Communications

Group

Inc

,

144A

3.500%

5/01/26

BB

2,706,455

Machinery

-

0.1%

1,775

WASH

Multifamily

Acquisition

Inc

,

144A

5.750%

4/15/26

B-

1,636,381

Media

-

0.8%

1,000

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp,

144A

6.375%

9/01/29

BB+

918,100

4,600

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp

4.500%

5/01/32

BB+

3,508,282

1,225

Directv

Financing

LLC

/

Directv

Financing

Co-Obligor

Inc

,

144A

5.875%

8/15/27

BBB-

1,056,085

1,500

Lamar

Media

Corp

3.625%

1/15/31

BB

1,179,765

3,600

VZ

Secured

Financing

BV,

144A

5.000%

1/15/32

BB

2,689,545

11,925

Total

Media

9,351,777

11

Principal

Amount

(000)

(4)

Description

(1)

Coupon

Maturity

Ratings

(5)

Value

Mortgage

Real

Estate

Investment

Trusts

(Reits)

-

0.4%

$

5,385

Blackstone

Mortgage

Trust

Inc

,

144A

3.750%

1/15/27

Ba2

$

4,414,160

Mortgage

Real

Estate

Investment

Trusts

(REITs)

-

0.2%

1,500

Starwood

Property

Trust

Inc

,

144A

4.375%

1/15/27

BB+

1,278,727

1,875

Starwood

Property

Trust

Inc

,

144A

3.625%

7/15/26

BB+

1,593,750

3,375

Total

Mortgage

Real

Estate

Investment

Trusts

(REITs)

2,872,477

Oil,

Gas

&

Consumable

Fuels

-

3.8%

1,800

Antero

Midstream

Partners

LP

/

Antero

Midstream

Finance

Corp,

144A

7.875%

5/15/26

BB

1,809,000

915

Calumet

Specialty

Products

Partners

LP

/

Calumet

Finance

Corp,

144A

8.125%

1/15/27

B-

841,800

1,270

CNX

Midstream

Partners

LP,

144A

4.750%

4/15/30

BB

996,836

2,735

Crestwood

Midstream

Partners

LP

/

Crestwood

Midstream

Finance

Corp,

144A

5.625%

5/01/27

BB

2,475,175

1,820

DT

Midstream

Inc

,

144A

4.375%

6/15/31

BB+

1,500,990

424

Energean

Israel

Finance

Ltd,

144A

,

Reg

S

5.375%

3/30/28

BB-

357,332

1,200

EnLink

Midstream

LLC,

144A

5.625%

1/15/28

BB+

1,122,000

1,500

EnLink

Midstream

LLC

5.375%

6/01/29

BB+

1,372,500

1,090

EQM

Midstream

Partners

LP,

144A

7.500%

6/01/30

BB

1,030,018

1,300

EQM

Midstream

Partners

LP,

144A

4.750%

1/15/31

BB

1,031,875

1,215

EQM

Midstream

Partners

LP

5.500%

7/15/28

BB

1,038,497

410

EQM

Midstream

Partners

LP,

144A

7.500%

6/01/27

BB

390,779

1,125

CAD

Gibson

Energy

Inc

5.250%

12/22/80

BB

700,508

1,620

Hess

Midstream

Operations

LP,

144A

5.500%

10/15/30

BB+

1,390,689

750

Holly

Energy

Partners

LP

/

Holly

Energy

Finance

Corp,

144A

6.375%

4/15/27

BB+

716,250

1,515

CAD

Keyera

Corp

6.875%

6/13/79

BB

1,050,821

5,075

Kinder

Morgan

Inc

4.800%

2/01/33

BBB

4,553,887

3,470

Kinetik

Holdings

LP,

144A

5.875%

6/15/30

BB+

3,177,337

1,425

Leviathan

Bond

Ltd,

144A

,

Reg

S

6.750%

6/30/30

BB

1,263,476

1,750

New

Fortress

Energy

Inc

,

144A

6.500%

9/30/26

BB-

1,616,825

1,350

NGL

Energy

Operating

LLC

/

NGL

Energy

Finance

Corp,

144A

7.500%

2/01/26

B+

1,200,973

300

Oleoducto

Central

SA,

144A

4.000%

7/14/27

Baa3

231,368

4,103

CAD

Pembina

Pipeline

Corp

4.800%

1/25/81

BB+

2,443,741

1,000

Peru

LNG

Srl

,

144A

5.375%

3/22/30

B+

788,500

275

Promigas

SA

ESP

/

Gases

del

Pacifico

SAC,

144A

3.750%

10/16/29

Baa3

212,627

2,345

Sunoco

LP

/

Sunoco

Finance

Corp

4.500%

4/30/30

BB+

1,917,037

1,190

Sunoco

LP

/

Sunoco

Finance

Corp

5.875%

3/15/28

BB+

1,079,858

5,175

Targa

Resources

Corp

5.200%

7/01/27

BBB-

4,978,229

1,350

Targa

Resources

Corp

6.250%

7/01/52

BBB-

1,226,395

605

CAD

Transcanada

Trust

4.200%

3/04/81

BBB

354,354

849

Tullow

Oil

PLC,

144A

10.250%

5/15/26

B2

717,405

1,325

USA

Compression

Partners

LP

/

USA

Compression

Finance

Corp

6.875%

9/01/27

BB-

1,204,193

1,675

Western

Midstream

Operating

LP

4.550%

2/01/30

BBB-

1,432,561

53,951

Total

Oil,

Gas

&

Consumable

Fuels

46,223,836

Real

Estate

Management

&

Development

-

0.7%

2,200

Cushman

&

Wakefield

US

Borrower

LLC,

144A

6.750%

5/15/28

BB

2,040,610

1,300

Howard

Hughes

Corp,

144A

4.375%

2/01/31

BB

933,796

1,225

Howard

Hughes

Corp,

144A

4.125%

2/01/29

BB

946,313

1,175

Kennedy-Wilson

Inc

4.750%

3/01/29

BB

896,760

2,250

Kennedy-Wilson

Inc

5.000%

3/01/31

BB

1,631,385

Nuveen

Real

Asset

Income

Fund

(continued)

Portfolio

of

Investments

September

30,

2022

(Unaudited)

12

Principal

Amount

(000)

(4)

Description

(1)

Coupon

Maturity

Ratings

(5)

Value

Real

Estate

Management

&

Development

(continued)

$

2,775

EUR

Peach

Property

Finance

GmbH,

144A

4.375%

11/15/25

BB+

$

2,161,879

10,925

Total

Real

Estate

Management

&

Development

8,610,743

Road

&

Rail

-

0.2%

525

ENA

Master

Trust,

144A

4.000%

5/19/48

BBB

390,075

1,735

First

Student

Bidco

Inc

/

First

Transit

Parent

Inc

,

144A

4.000%

7/31/29

BB+

1,405,699

500

Rumo

Luxembourg

Sarl

,

144A

(6)

4.200%

1/18/32

Ba2

388,005

2,760

Total

Road

&

Rail

2,183,779

Specialty

Retail

-

0.2%

1,130

Asbury

Automotive

Group

Inc

,

144A

5.000%

2/15/32

BB

870,168

535

Asbury

Automotive

Group

Inc

,

144A

4.625%

11/15/29

BB

427,663

1,380

LCM

Investments

Holdings

II

LLC,

144A

4.875%

5/01/29

BB-

1,068,626

3,045

Total

Specialty

Retail

2,366,457

Trading

Companies

&

Distributors

-

0.1%

2,090

Albion

Financing

1

SARL

/

Aggreko

Holdings

Inc

,

144A

6.125%

10/15/26

BB+

1,766,948

Transportation

Infrastructure

-

0.7%

1,400

Adani

Ports

&

Special

Economic

Zone

Ltd,

144A

4.000%

7/30/27

BBB-

1,214,183

575

Aeropuerto

Internacional

de

Tocumen

SA,

144A

4.000%

8/11/41

BBB

425,747

400

Aeropuerto

Internacional

de

Tocumen

SA,

144A

5.125%

8/11/61

BBB

285,254

2,810

Aeropuertos

Dominicanos

Siglo

XXI

SA,

144A

6.750%

3/30/29

BB-

2,593,630

1,037

Autopistas

del

Sol

SA/Costa

Rica,

144A

7.375%

12/30/30

B

934,763

1,700

DP

World

Ltd/United

Arab

Emirates,

144A

5.625%

9/25/48

Baa3

1,484,001

1,800

Mexico

City

Airport

Trust,

144A

4.250%

10/31/26

BBB

1,602,000

9,722

Total

Transportation

Infrastructure

8,539,578

Wireless

Telecommunication

Services

-

0.5%

875

America

Movil

SAB

de

CV,

144A

5.375%

4/04/32

A-

752,920

475

CT

Trust,

144A

5.125%

2/03/32

Ba1

357,438

1,000

Telefonica

Moviles

Chile

SA,

144A

3.537%

11/18/31

BBB+

785,000

5,000

T-Mobile

USA

Inc

5.200%

1/15/33

BBB-

4,782,027

7,350

Total

Wireless

Telecommunication

Services

6,677,385

$

6,032,476

Total

Corporate

Bonds

(cost

$318,075,631)

273,637,031

Shares

Description

(1)

Value

X

252,126,620

REAL

ESTATE

INVESTMENT

TRUST

COMMON

STOCKS

-

20.6%

X

252,126,620

Diversified

-

3.7%

1,608,872

Abacus

Property

Group  (2)

$

2,568,917

66,008

Armada

Hoffler

Properties

Inc

685,163

443,715

Broadstone

Net

Lease

Inc

6,890,894

748,035

Charter

Hall

Long

Wale

REIT  (2)

1,910,572

17,931

Cofinimmo

SA  (2)

1,489,140

42,628

Gecina

SA  (2)

3,338,612

81,780

Global

Net

Lease

Inc

870,957

455,250

GPT

Group  (2)

1,120,448

700,123

Growthpoint

Properties

Australia

Ltd  (2)

1,383,713

3,652,778

Home

Reit

PLC  

3,703,286

955

Hulic

Reit

Inc

  (2)

1,093,133

94,674

ICADE  (2)

3,524,449

41,491

Merlin

Properties

Socimi

SA  (2)

320,151

319,685

Mirvac

Group  (2)

398,232

10,452

Star

Asia

Investment

Corp  (2)

4,041,609

1,751,193

Stockland  (2)

3,664,929

715,474

Stride

Property

Group  (2)

666,201

13

Shares

Description

(1)

Value

Diversified

(continued)

85,297

WP

Carey

Inc

$

5,953,731

Total

Diversified

43,624,137

Health

Care

-

1.7%

3,582,393

Assura

PLC  

2,143,958

53,873

CareTrust

REIT

Inc

975,640

231,699

Global

Medical

REIT

Inc

1,974,075

72,598

Healthcare

Realty

Trust

Inc

1,513,668

56,857

Healthpeak

Properties

Inc

1,303,162

174,699

NorthWest

Healthcare

Properties

Real

Estate

Investment

Trust  

1,340,579

661,867

Physicians

Realty

Trust  

9,954,480

536,210

Target

Healthcare

REIT

PLC  

547,815

17,352

Universal

Health

Realty

Income

Trust  

749,780

Total

Health

Care

20,503,157

Industrial

-

2.9%

1,217,231

Centuria

Industrial

REIT  (2)

2,025,675

586,778

Dexus

Industria

REIT  (2)

886,958

601,803

Dream

Industrial

Real

Estate

Investment

Trust  

4,674,663

4,439,834

Frasers

Logistics

&

Commercial

Trust  (2)

3,790,544

123,107

Intervest

Offices

&

Warehouses

NV  

2,811,169

707,237

LondonMetric

Property

PLC  

1,377,966

459,305

LXP

Industrial

Trust  

4,207,234

2,893,686

Mapletree

Industrial

Trust  (2)

4,788,471

2,346,723

Mapletree

Logistics

Trust  (2)

2,535,627

534,124

Nexus

Industrial

REIT  

3,232,545

1,779,421

PLA

Administradora

Industrial

S

de

RL

de

CV  

2,361,723

4,202

STAG

Industrial

Inc

119,463

1,755,563

Urban

Logistics

REIT

PLC  (2)

2,536,757

Total

Industrial

35,348,795

Mortgage

-

0.9%

198,997

Ares

Commercial

Real

Estate

Corp  

2,079,519

105,971

Blackstone

Mortgage

Trust

Inc

,

Class

A  

2,473,363

193,562

KKR

Real

Estate

Finance

Trust

Inc

3,145,382

181,535

Starwood

Property

Trust

Inc

3,307,568

Total

Mortgage

11,005,832

Office

-

2.7%

1,745

Boston

Properties

Inc

130,823

255,222

Brandywine

Realty

Trust  

1,722,749

1,190,534

Centuria

Office

REIT  (2)

1,108,220

14,599

Corporate

Office

Properties

Trust  

339,135

40,303

Covivio

  (2)

1,941,542

2,651,229

Cromwell

Property

Group  (2)

1,140,740

569,654

Dexus

  (2)

2,833,775

95,113

Douglas

Emmett

Inc

1,705,376

369,661

Easterly

Government

Properties

Inc

5,829,554

1,273,704

GDI

Property

Group

Partnership  (2)

653,902

157,123

Highwoods

Properties

Inc

4,236,036

125,900

Hudson

Pacific

Properties

Inc

1,378,605

1,069

Ichigo

Office

REIT

Investment

Corp  (2)

631,770

102,801

NSI

NV  (2)

2,438,634

315,492

Piedmont

Office

Realty

Trust

Inc

,

Class

A  

3,331,596

204,859

Postal

Realty

Trust

Inc

,

Class

A  

3,005,282

30,649

SL

Green

Realty

Corp  

1,230,864

30,309

Vornado

Realty

Trust  

701,956

Total

Office

34,360,559

Residential

-

0.3%

82,191

Apartment

Income

REIT

Corp

3,174,216

Nuveen

Real

Asset

Income

Fund

(continued)

Portfolio

of

Investments

September

30,

2022

(Unaudited)

14

Shares

Description

(1)

Value

Retail

-

5.7%

4,295

Acadia

Realty

Trust  

$

54,203

30,374

Brixmor

Property

Group

Inc

561,008

1,309,941

CapitaLand

China

Trust  (2)

946,905

4,876,412

CapitaLand

Integrated

Commercial

Trust  (2)

6,486,523

422,087

Choice

Properties

Real

Estate

Investment

Trust  

3,847,016

480,323

Crombie

Real

Estate

Investment

Trust  

4,958,487

326,030

CT

Real

Estate

Investment

Trust  

3,542,701

5,036,434

Fortune

Real

Estate

Investment

Trust  (2)

3,669,792

2,542,501

Frasers

Centrepoint

Trust  (2)

3,833,936

1,529

Kenedix

Retail

REIT

Corp  (2)

2,823,932

896,979

Link

REIT  (2)

6,261,368

95,843

National

Retail

Properties

Inc

3,820,302

66,368

Realty

Income

Corp  

3,862,618

35,505

Regency

Centers

Corp  

1,911,944

298,707

RioCan

Real

Estate

Investment

Trust  

4,026,441

458,186

RPT

Realty  

3,463,886

11,461

Saul

Centers

Inc

429,788

3,657,403

Scentre

Group  (2)

5,975,754

51,314

Simon

Property

Group

Inc

4,605,431

9,548

Spirit

Realty

Capital

Inc

345,256

129,295

Urstadt

Biddle

Properties

Inc

,

Class

A  

2,005,365

2,175,193

Waypoint

REIT

Ltd  (2)

3,301,317

Total

Retail

70,733,973

Specialized

-

2.7%

17,789

Digital

Realty

Trust

Inc

1,764,313

371,755

Four

Corners

Property

Trust

Inc

8,992,753

223,443

Gaming

and

Leisure

Properties

Inc

9,885,118

108,447

National

Storage

Affiliates

Trust  

4,509,226

275,529

VICI

Properties

Inc

8,224,541

Total

Specialized

33,375,951

Total

Real

Estate

Investment

Trust

Common

Stocks

(cost

$297,434,223)

252,126,620

Shares  

Description

(1)

Coupon

Ratings

(5)

Value

X

168,183,241

$25

PAR

(OR

SIMILAR)

RETAIL

PREFERRED

-

13.7%

X

168,183,241

Diversified

Financial

Services

-

0.1%

56,644

Brookfield

Finance

Inc

4.625%

BBB

$

1,025,823

36,962

National

Rural

Utilities

Cooperative

Finance

Corp(6)

5.500%

A3

818,708

Total

Diversified

Financial

Services

1,844,531

Electric

Utilities

-

1.8%

64,872

CMS

Energy

Corp

5.875%

BBB-

1,495,300

103,937

DTE

Energy

Co

4.375%

BBB-

1,834,488

96,959

Duke

Energy

Corp

5.750%

BBB-

2,326,046

46,604

Duke

Energy

Corp(6)

5.625%

BBB-

1,142,264

36,322

Entergy

Arkansas

LLC

4.875%

A

850,298

15,886

Entergy

Louisiana

LLC

4.875%

A

364,901

22,010

Entergy

Mississippi

LLC

4.900%

A

513,273

16,776

Entergy

New

Orleans

LLC

5.500%

BBB

383,164

36,030

Entergy

Texas

Inc

5.375%

BBB-

837,337

102,721

Georgia

Power

Co

5.000%

Baa2

2,222,883

69,424

Integrys

Holding

Inc

(2),(6)

6.000%

BBB

1,631,464

16,171

NextEra

Energy

Capital

Holdings

Inc

(6)

5.650%

BBB

395,219

33,998

Southern

Co(6)

5.250%

BBB-

762,915

173,296

Southern

Co

4.950%

BBB-

3,576,830

195,671

Southern

Co

4.200%

BBB-

3,717,749

Total

Electric

Utilities

22,054,131

15

Shares  

Description

(1)

Coupon

Ratings

(5)

Value

Equity

Real

Estate

Investment

Trusts

(Reits)

-

8.5%

308,458

Agree

Realty

Corp

4.250%

Baa2

$

5,240,701

44,262

American

Homes

4

Rent

6.250%

BB+

1,061,403

183,960

American

Homes

4

Rent

5.875%

BB+

4,139,100

143,076

Armada

Hoffler

Properties

Inc

6.750%

N/R

3,277,871

219,956

Centerspace

(6)

6.625%

N/R

5,304,019

52,920

Chatham

Lodging

Trust

6.625%

N/R

1,097,032

72,877

City

Office

REIT

Inc

6.625%

N/R

1,456,082

116,181

DiamondRock

Hospitality

Co(6)

8.250%

N/R

2,858,053

130,571

Digital

Realty

Trust

Inc

5.250%

Baa3

2,804,665

109,747

Digital

Realty

Trust

Inc

5.850%

Baa3

2,442,968

153,960

Digital

Realty

Trust

Inc

5.200%

Baa3

3,240,858

1,961

DigitalBridge

Group

Inc

7.125%

N/R

43,985

115,478

Federal

Realty

Investment

Trust

5.000%

Baa2

2,416,955

25,679

Global

Net

Lease

Inc

7.250%

BB-

554,153

239,898

Hudson

Pacific

Properties

Inc

4.750%

Baa3

4,003,898

214,839

Kimco

Realty

Corp

5.250%

Baa2

4,612,593

112,129

Kimco

Realty

Corp

5.125%

Baa2

2,363,679

5,057

Mid-America

Apartment

Communities

Inc

8.500%

BBB

280,411

120,576

National

Storage

Affiliates

Trust

6.000%

N/R

2,703,314

72,015

Pebblebrook

Hotel

Trust

6.375%

N/R

1,346,680

94,116

Pebblebrook

Hotel

Trust

5.700%

N/R

1,585,855

151,463

Pebblebrook

Hotel

Trust

6.300%

N/R

2,868,709

50,502

PS

Business

Parks

Inc

5.200%

N/R

749,955

120,584

PS

Business

Parks

Inc

4.875%

N/R

1,645,972

42,130

Public

Storage

4.750%

A3

848,498

15,587

Public

Storage(6)

5.600%

A3

373,309

19,617

Public

Storage

4.125%

A3

358,010

98,652

Public

Storage(6)

4.625%

A3

1,987,838

32,304

Public

Storage

5.050%

A3

697,766

123,597

Public

Storage

4.875%

A3

2,637,560

104,660

Public

Storage

4.100%

A3

1,824,224

104,003

Public

Storage

4.000%

A3

1,775,331

51,742

Public

Storage

4.700%

A3

1,056,572

33,370

Public

Storage(6)

5.150%

A3

728,133

90,136

Public

Storage

4.000%

A3

1,528,707

42,744

Public

Storage

3.875%

A3

692,453

43,579

Public

Storage

3.900%

A3

706,416

42,137

Public

Storage

3.950%

A3

693,996

16,089

Rexford

Industrial

Realty

Inc

5.875%

BBB-

373,908

191,408

Rexford

Industrial

Realty

Inc

5.625%

BBB-

4,245,429

56,620

Saul

Centers

Inc

6.125%

N/R

1,202,043

73,132

Saul

Centers

Inc

6.000%

N/R

1,546,010

108,368

SITE

Centers

Corp

6.375%

BB+

2,208,540

48,593

SL

Green

Realty

Corp

6.500%

BB

1,054,954

64,819

Spirit

Realty

Capital

Inc

6.000%

Baa3

1,487,596

136,028

Summit

Hotel

Properties

Inc

6.250%

N/R

2,385,931

66,627

Summit

Hotel

Properties

Inc

5.875%

N/R

1,204,616

110,231

Sunstone

Hotel

Investors

Inc

5.700%

N/R

2,043,683

100,537

Sunstone

Hotel

Investors

Inc

6.125%

N/R

2,035,874

42,957

UMH

Properties

Inc

6.375%

N/R

1,022,377

87,730

Urstadt

Biddle

Properties

Inc

5.875%

N/R

1,780,919

90,492

Urstadt

Biddle

Properties

Inc

6.250%

N/R

1,900,332

227,836

Vornado

Realty

Trust

5.250%

Ba1

3,971,181

91,898

Vornado

Realty

Trust

4.450%

Ba1

1,474,044

Total

Equity

Real

Estate

Investment

Trusts

(

Reits

)

103,945,161

Gas

Utilities

-

0.2%

54,824

South

Jersey

Industries

Inc

5.625%

BB+

1,013,148

71,350

Spire

Inc

5.900%

BBB

1,720,962

Total

Gas

Utilities

2,734,110

Nuveen

Real

Asset

Income

Fund

(continued)

Portfolio

of

Investments

September

30,

2022

(Unaudited)

16

Shares  

Description

(1)

Coupon

Ratings

(5)

Value

Independent

Power

And

Renewable

Electricity

Producers

-

0.1%

96,254

Brookfield

BRP

Holdings

Canada

Inc

4.625%

BBB-

$

1,631,505

Independent

Power

Producers

&

Energy

Traders

-

0.3%

167,335

Brookfield

Renewable

Partners

LP

5.250%

BBB-

3,281,439

Multi-Utilities

-

1.9%

34,627

Algonquin

Power

&

Utilities

Corp

6.200%

BB+

838,320

57,544

BIP

Bermuda

Holdings

I

Ltd(6)

5.125%

BBB-

1,120,382

31,460

Brookfield

Infrastructure

Finance

ULC

5.000%

BBB-

523,809

162,347

Brookfield

Infrastructure

Partners

LP

5.125%

BBB-

2,725,806

48,033

Brookfield

Infrastructure

Partners

LP(6)

5.000%

BBB-

743,551

147,967

CMS

Energy

Corp

4.200%

BBB-

2,530,236

110,641

CMS

Energy

Corp

5.875%

BBB-

2,565,765

28,752

CMS

Energy

Corp

5.625%

BBB-

688,610

114,960

DTE

Energy

Co

4.375%

BBB-

2,093,422

60,112

DTE

Energy

Co

5.250%

BBB-

1,370,553

65,449

NiSource

Inc

6.500%

BBB-

1,615,281

258,197

Sempra

Energy

5.750%

BBB-

6,103,777

Total

Multi-Utilities

22,919,512

Oil,

Gas

&

Consumable

Fuels

-

0.0%

29,688

NuStar

Energy

LP

9.126%

B2

573,869

Real

Estate

Management

&

Development

-

0.8%

150,924

Brookfield

Property

Partners

LP

6.375%

BB

2,789,076

158,759

Brookfield

Property

Partners

LP

6.500%

BB

3,011,658

199,897

Brookfield

Property

Partners

LP

5.750%

BB

3,398,249

Total

Real

Estate

Management

&

Development

9,198,983

Total

$25

Par

(or

similar)

Retail

Preferred

(cost

$201,778,276)

168,183,241

Principal

Amount

(000)

(4)

Description

(1)

Coupon

Maturity

Ratings

(5)

Value

X

131,537,171

$1,000

PAR

(OR

SIMILAR)

INSTITUTIONAL

PREFERRED

-

10.7%

X

131,537,171

Diversified

Financial

Services

-

0.3%

$

730

National

Rural

Utilities

Cooperative

Finance

Corp

5.250%

4/20/46

A3

$

655,175

3,497

Transcanada

Trust

5.625%

5/20/75

BBB

3,229,025

4,227

Total

Diversified

Financial

Services

3,884,200

Electric

Utilities

-

3.1%

3,545

American

Electric

Power

Co

Inc

3.875%

2/15/62

BBB

2,778,452

1,375

CMS

Energy

Corp

3.750%

12/01/50

BBB-

1,010,625

1,800

ComEd

Financing

III

6.350%

3/15/33

Baa2

1,771,837

5,660

Duke

Energy

Corp

4.875%

N/A

(7)

BBB-

5,072,733

3,220

Edison

International

5.000%

N/A

(7)

BB+

2,543,800

2,120

Edison

International

5.375%

N/A

(7)

BB+

1,743,700

2,100

GBP

Electricite

de

France

SA

,

Reg

S

5.875%

N/A

(7)

BBB-

1,745,998

6,810

Emera

Inc

6.750%

6/15/76

BB+

6,458,290

4,325

Enel

SpA

,

144A

8.750%

9/24/73

BBB-

4,314,188

5,920

NextEra

Energy

Capital

Holdings

Inc

5.650%

5/01/79

BBB

5,163,532

1,945

NextEra

Energy

Capital

Holdings

Inc

3.800%

3/15/82

BBB

1,526,624

455

PPL

Capital

Funding

Inc

6.339%

3/30/67

BBB

380,595

1,077

Southern

California

Edison

Co

(3-Month

LIBOR

reference

rate

+

4.199%

spread)

(8)

4.516%

N/A

(7)

BB+

1,020,458

2,970

Southern

Co

4.000%

1/15/51

BBB-

2,661,714

43,322

Total

Electric

Utilities

38,192,546

17

Principal

Amount

(000)

(4)

Description

(1)

Coupon

Maturity

Ratings

(5)

Value

Independent

Power

And

Renewable

Electricity

Producers

-

0.1%

$

1,695

GBP

SSE

PLC

,

Reg

S

3.740%

N/A

(7)

BBB-

$

1,620,857

Independent

Power

Producers

&

Energy

Traders

-

0.1%

685

Vistra

Corp,

144A

7.000%

N/A

(7)

Ba3

598,012

1,313

Vistra

Corp,

144A

8.000%

N/A

(7)

Ba3

1,205,698

1,998

Total

Independent

Power

Producers

&

Energy

Traders

1,803,710

Marine

-

0.2%

2,195

Royal

Capital

BV

,

Reg

S

4.875%

N/A

(7)

N/R

2,103,578

Multi-Utilities

-

2.6%

2,375

Algonquin

Power

&

Utilities

Corp

4.750%

1/18/82

BB+

1,939,829

7,245

CenterPoint

Energy

Inc

6.125%

N/A

(7)

BBB-

6,813,903

3,975

CMS

Energy

Corp

4.750%

6/01/50

BBB-

3,358,875

2,685

Dominion

Energy

Inc

5.750%

10/01/54

BBB-

2,499,758

3,620

Dominion

Energy

Inc

4.350%

N/A

(7)

BBB-

3,071,058

3,335

Dominion

Energy

Inc

4.650%

N/A

(7)

BBB-

2,937,312

2,884

NiSource

Inc

5.650%

N/A

(7)

BBB-

2,660,490

3,870

Sempra

Energy

4.125%

4/01/52

BBB-

3,037,950

5,230

Sempra

Energy

4.875%

N/A

(7)

BBB-

4,863,900

35,219

Total

Multi-Utilities

31,183,075

Oil,

Gas

&

Consumable

Fuels

-

4.1%

3,365

Enbridge

Inc

5.750%

7/15/80

BBB-

2,960,359

7,699

Enbridge

Inc

5.500%

7/15/77

BBB-

6,771,726

6,832

Enbridge

Inc

6.000%

1/15/77

BBB-

6,112,677

3,900

Enbridge

Inc

7.625%

1/15/83

BBB-

3,760,294

3,792

Enbridge

Inc

6.250%

3/01/78

BBB-

3,407,870

2,923

Energy

Transfer

LP

(3-Month

LIBOR

reference

rate

+

3.018%

spread)

(8)

5.800%

11/01/66

Ba1

2,211,145

1,485

Energy

Transfer

LP

6.500%

N/A

(7)

BB

1,293,589

4,755

Enterprise

Products

Operating

LLC

5.375%

2/15/78

Baa2

3,571,089

6,661

Enterprise

Products

Operating

LLC

5.250%

8/16/77

Baa2

5,567,290

2,104

CAD

Inter

Pipeline

Ltd/AB

6.625%

11/19/79

BB

1,408,150

2,540

CAD

Keyera

Corp

5.950%

3/10/81

BB

1,605,991

805

MPLX

LP

6.875%

N/A

(7)

BB+

790,912

1,000

Plains

All

American

Pipeline

LP

6.125%

N/A

(7)

BB

815,112

875

Transcanada

Trust

5.300%

3/15/77

BBB

753,006

2,905

Transcanada

Trust

5.600%

3/07/82

BBB

2,519,345

4,650

Transcanada

Trust

5.875%

8/15/76

BBB

4,327,875

3,020

Transcanada

Trust

5.500%

9/15/79

BBB

2,612,300

59,311

Total

Oil,

Gas

&

Consumable

Fuels

50,488,730

Road

&

Rail

-

0.2%

2,415

BNSF

Funding

Trust

I

6.613%

12/15/55

A

2,260,475

$

150,382

Total

$1,000

Par

(or

similar)

Institutional

Preferred

(cost

$148,280,613)

131,537,171

Shares  

Description

(1)

Coupon

Ratings

(5)

Value

X

58,280,134

CONVERTIBLE

PREFERRED

SECURITIES

-

4.8%

X

58,280,134

Commercial

Services

&

Supplies

-

0.2%

50,498

GFL

Environmental

Inc

6.000%

N/R

$

2,918,784

Nuveen

Real

Asset

Income

Fund

(continued)

Portfolio

of

Investments

September

30,

2022

(Unaudited)

18

Shares  

Description

(1)

Coupon

Ratings

(5)

Value

Electric

Utilities

-

2.1%

102,056

American

Electric

Power

Co

Inc

(6)

6.125%

BBB

$

5,051,772

65,990

NextEra

Energy

Inc

6.219%

BBB

3,204,474

155,314

NextEra

Energy

Inc

5.279%

BBB

7,731,531

127,179

NextEra

Energy

Inc

(2)

6.926%

N/R

5,806,993

29,824

PG&E

Corp

5.500%

N/R

3,407,094

Total

Electric

Utilities

25,201,864

Equity

Real

Estate

Investment

Trusts

(Reits)

-

0.5%

18,542

Equity

Commonwealth

6.500%

N/R

485,244

19,728

LXP

Industrial

Trust

6.500%

N/R

954,835

26,367

RLJ

Lodging

Trust

1.950%

N/R

648,101

34,376

RPT

Realty

7.250%

BB

1,506,474

162,486

Vornado

Realty

Trust

5.250%

Ba1

2,864,628

Total

Equity

Real

Estate

Investment

Trusts

(

Reits

)

6,459,282

Gas

Utilities

-

0.3%

63,522

Spire

Inc

(2)

7.500%

N/R

2,956,949

Independent

Power

And

Renewable

Electricity

Producers

-

0.3%

37,218

AES

Corp

6.875%

BB

3,288,954

Multi-Utilities

-

1.4%

52,545

Algonquin

Power

&

Utilities

Corp

7.750%

N/R

1,989,879

222,165

DTE

Energy

Co

6.250%

BBB-

11,139,353

42,997

NiSource

Inc

7.750%

BBB-

4,325,069

Total

Multi-Utilities

17,454,301

Total

Convertible

Preferred

Securities

(cost

$59,590,255)

58,280,134

Shares

Description

(1)

Value

X

7,201,696

INVESTMENT

COMPANIES

-

0.6%

X

7,201,696

1,989,381

Digital

9

Infrastructure

PLC/Fund

$

2,243,042

1,508,713

JLEN

Environmental

Assets

Group

Ltd

Foresight

Group

Holdings

1,999,594

766,283

Renewables

Infrastructure

Group

Ltd

1,083,864

923,194

Sequoia

Economic

Infrastructure

Income

Fund

Ltd

841,948

1,010,255

Starwood

European

Real

Estate

Finance

Ltd

1,033,248

Total

Investment

Companies

(cost

$8,925,728)

7,201,696

Principal

Amount

(000)

Description

(1)

Coupon

Maturity

Ratings

(5)

Value

4758220

ASSET-BACKED

AND

MORTGAGE-BACKED

SECURITIES

-

0.4%

X

4,758,220

$

550

Alen

2021-ACEN

Mortgage

Trust

(1-Month

LIBOR

reference

rate

+

4.000%

spread),

144A

(8)

6.818%

4/15/34

BB-

$

498,875

1,127

Benchmark

2020-B18

Mortgage

Trust

,

144A

4.139%

7/15/53

B-

942,186

200

COMM

2014-UBS3

Mortgage

Trust

,

144A

4.926%

6/10/47

N/R

181,283

405

COMM

2015-CCRE24

Mortgage

Trust

3.463%

8/10/48

BBB-

340,467

150

GS

Mortgage

Securities

Corp

II

,

144A

5.067%

3/10/33

B-

128,729

400

GS

Mortgage

Securities

Corp

Trust

2017-SLP

,

144A

4.744%

10/10/32

B

393,189

560

GS

Mortgage

Securities

Trust

2016-GS4

4.079%

11/10/49

A-

482,447

1,300

Natixis

Commercial

Mortgage

Securities

Trust

2019-MILE

(1-Month

LIBOR

reference

rate

+

4.250%

spread),

144A

(8)

7.068%

7/15/36

N/R

1,229,403

400

Natixis

Commercial

Mortgage

Securities

Trust

2019-MILE

(1-Month

LIBOR

reference

rate

+

2.750%

spread),

144A

(8)

5.568%

7/15/36

N/R

387,941

156

PKHL

Commercial

Mortgage

Trust

2021-MF

(1-Month

LIBOR

reference

rate

+

1.180%

spread),

144A

(8)

3.572%

7/15/38

AA-

148,408

26

UBS-Barclays

Commercial

Mortgage

Trust

2012-C4

,

144A

3.317%

12/10/45

AAA

25,292

$

5,274

Total

Asset-Backed

and

Mortgage-Backed

Securities

(cost

$5,139,829)

4,758,220

19

Investments

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

Principal

Amount

(000)

Description

(1)

Coupon

(9)

Reference

Rate

(9)

Spread

(9)

Maturity

(10)

Ratings

(5)

Value

X

5,142,092

VARIABLE

RATE

SENIOR

LOAN

INTERESTS

-

0.4%

(9)

X

5,142,092

Electric

Utilities

-

0.2%

$

1,896

ExGen

Renewables

IV,

LLC,

Term

Loan

5.570%

3-Month

LIBOR

2.500%

12/15/27

BB-

$

1,860,852

Real

Estate

Management

&

Development

-

0.2%

3,039

Brookfield

Property

REIT

Inc.,

Term

Loan

B,

First

Lien

5.534%

SOFR30A

2.500%

8/24/25

BB+

2,941,747

Specialty

Retail

-

0.0%

396

PECF

USS

Intermediate

Holding

III

Corporation,

Term

Loan

B

7.365%

1-Month

LIBOR

4.250%

11/04/28

B2

339,493

$

5,331

Total

Variable

Rate

Senior

Loan

Interests

(cost

$5,316,018)

5,142,092

Total

Long-Term

Investments

(cost

$1,345,455,716)

1,183,284,658

Shares

Description

(1)

Coupon

Value

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

  1.0

%

X

12,484,253

MONEY

MARKET

FUNDS

-

1.0%

X

12,484,253

12,484,253

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

(11)

3.070%(12)

$

12,484,253

Total

Investments

Purchased

with

Collateral

from

Securities

Lending

(cost

$12,484,253)

12,484,253

Principal

Amount

(000)

Description

(1)

Coupon

Maturity

Value

SHORT-TERM

INVESTMENTS

-

 2.4% 

28,915,991

REPURCHASE

AGREEMENTS

-

2.4%

28,915,991

$

28,916

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

9/30/22,

repurchase

price

$28,917,991,

collateralized

by

$31,907,400,

U.S.

Treasury

Note,

2.250%,

due

8/15/27,

value

$29,494,387

0.830%

10/03/22

$

28,915,991

Total

Short-Term

Investments

(cost

$28,915,991)

28,915,991

Total

Investments

(cost

$1,386,855,960

)

-

100.1%

1,224,684,902

Other

Assets

Less

Liabilities

-  (0.1)%(13)

(1,153,363)

Net

Assets

-

100%

$

1,223,531,539

Futures

Contracts

-

Short

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

U.S.

Treasury

10-Year

Note

(61)

12/22

$

(7,156,894)

$

(6,835,813)

$

321,081

U.S.

Treasury

Ultra

10-Year

Note

(215)

12/22

(27,050,480)

(25,474,140)

1,576,340

U.S.

Treasury

Ultra

Bond

(40)

12/22

(5,921,170)

(5,480,000)

441,170

Total

$(40,128,544)

$(37,789,953)

$2,338,591

Nuveen

Real

Asset

Income

Fund

(continued)

Portfolio

of

Investments

September

30,

2022

(Unaudited)

20

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:

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

176,795,108

$

105,623,345

$

–

$

282,418,453

Corporate

Bonds

–

273,637,034

–

273,637,034

Real

Estate

Investment

Trust

Common

Stocks

165,994,373

86,132,248

–

252,126,621

$25

Par

(or

similar)

Retail

Preferred

166,551,778

1,631,464

–

168,183,242

$1,000

Par

(or

similar)

Institutional

Preferred

–

131,537,168

–

131,537,168

Convertible

Preferred

Securities

49,516,191

8,763,942

–

58,280,133

Investment

Companies

6,117,832

1,083,864

–

7,201,696

Variable

Rate

Senior

Loan

Interests

–

5,142,091

–

5,142,091

Asset-Backed

and

Mortgage-Backed

Securities

–

4,758,220

–

4,758,220

Investments

Purchased

with

Collateral

from

Securities

Lending

12,484,253

–

–

12,484,253

Short-Term

Investments:

Repurchase

Agreements

–

28,915,991

–

28,915,991

Investments

in

Derivatives:

Futures

Contracts*

2,338,591

–

–

2,338,591

Total

$

579,798,126

$

647,225,367

$

–

$

1,227,023,493

*

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.

(1)

All

percentages

shown

in

the

Portfolio

of

Investments

are

based

on

net

assets.

(2)

For

fair

value

measurement

disclosure

purposes,

investment

classified

as

Level

2.

(3)

Non-income

producing;

issuer

has

not

declared

an

ex-dividend

date

within

the

past

twelve

months.

(4)

Principal

Amount

(000)

denominated

in

U.S.

Dollars,

unless

otherwise

noted.

(5)

For

financial

reporting

purposes,

the

ratings

disclosed

are

the

highest

of

Standard

&

Poor’s

Group

(“Standard

&

Poor’s”),

Moody’s

Investors

Service,

Inc.

(“Moody’s”)

or

Fitch,

Inc.

(“Fitch”)

rating.

This

treatment

of

split-rated

securities

may

differ

from

that

used

for

other

purposes,

such

as

for

Fund

investment

policies.

Ratings

below

BBB

by

Standard

&

Poor’s,

Baa

by

Moody’s

or

BBB

by

Fitch

are

considered

to

be

below

investment

grade.

Holdings

designated

N/R

are

not

rated

by

any

of

these

national

rating

agencies.

(6)

Investment,

or

a

portion

of

investment,

is

out

on

loan

for

securities

lending.

The

total

value

of

the

securities

out

on

loan

as

of

the

end

of

the

reporting

period

was

$12,024,802.

(7)

Perpetual

security.

Maturity

date

is

not

applicable.

(8)

Variable

rate

security.

The

rate

shown

is

the

coupon

as

of

the

end

of

the

reporting

period.

(9)

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.

(10)

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.

(11)

The

Fund

may

loan

securities

representing

up

to

one

third

of

the

market

value

of

its

total

assets

(which

includes

collateral

for

securities

on

loan)

to

broker

dealers,

banks,

and

other

institutions.

The

collateral

maintained

by

the

Fund

shall

have

a

market

value,

at

the

inception

of

each

loan,

equal

to

not

less

than

100%

of

the

market

value

of

the

loaned

securities.

The

cash

collateral

received

by

the

Fund

is

invested

in

this

money

market

fund.

(12)

The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

21

(13)

Other

assets

less

liabilities

includes

the

unrealized

appreciation

(depreciation)

of

certain

over-the-counter

("OTC")

derivatives

as

well

as

the

OTC

cleared

and

exchange-traded

derivatives,

when

applicable.

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

CAD

Canadian

Dollar

COP

Colombian

Peso

EUR

Euro

GBP

Pound

Sterling

LIBOR

London

Inter-Bank

Offered

Rate

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

SOFR

30A

30

Day

Average

Secured

Overnight

Financing

Rate

22

Nuveen

Real

Estate

Securities

Fund

Portfolio

of

Investments

September

30,

2022

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

96.1%  

X

1,104,667,215

REAL

ESTATE

INVESTMENT

TRUST

COMMON

STOCKS

-

95.3%

X

1,104,667,215

Diversified

-

2.1%

24,457

American

Assets

Trust

Inc  

$

629,034

110,731

Armada

Hoffler

Properties

Inc  

1,149,388

879,697

Broadstone

Net

Lease

Inc  

13,661,694

60,075

Empire

State

Realty

Trust

Inc,

Class

A  

394,092

138,600

Essential

Properties

Realty

Trust

Inc  

2,695,770

336,114

Washington

REIT  

5,902,162

417

WP

Carey

Inc  

29,107

Total

Diversified

24,461,247

Health

Care

-

8.9%

111,618

CareTrust

REIT

Inc  

2,021,402

134,227

Global

Medical

REIT

Inc  

1,143,614

673,957

Healthcare

Realty

Trust

Inc  

14,052,003

544,057

Healthpeak

Properties

Inc  

12,469,786

620,334

Ventas

Inc  

24,918,817

730,870

Welltower

Inc  

47,009,558

Total

Health

Care

101,615,180

Hotel

&

Resort

-

1.9%

63,424

Park

Hotels

&

Resorts

Inc  

714,154

90,000

Pebblebrook

Hotel

Trust  

1,305,900

671,078

RLJ

Lodging

Trust  

6,791,309

69,095

Ryman

Hospitality

Properties

Inc  

5,084,701

111,037

Summit

Hotel

Properties

Inc  

746,169

529,485

Xenia

Hotels

&

Resorts

Inc  

7,301,598

Total

Hotel

&

Resort

21,943,831

Industrial

-

14.4%

401,253

Americold

Realty

Trust

Inc  

9,870,824

294,161

Duke

Realty

Corp  

14,178,560

112,739

EastGroup

Properties

Inc  

16,272,747

125,316

First

Industrial

Realty

Trust

Inc  

5,615,410

5,765

LXP

Industrial

Trust  

52,807

901,297

Prologis

Inc  

91,571,775

6,608

Rexford

Industrial

Realty

Inc  

343,616

485,284

STAG

Industrial

Inc  

13,796,624

277,440

Terreno

Realty

Corp  

14,701,546

Total

Industrial

166,403,909

Office

-

6.9%

212,361

Alexandria

Real

Estate

Equities

Inc  

29,770,888

177,205

Boston

Properties

Inc  

13,285,059

345,913

Corporate

Office

Properties

Trust  

8,035,559

124,399

Cousins

Properties

Inc  

2,904,717

834,420

Douglas

Emmett

Inc  

14,961,151

390,697

Hudson

Pacific

Properties

Inc  

4,278,132

672,585

Piedmont

Office

Realty

Trust

Inc,

Class

A  

7,102,498

Total

Office

80,338,004

Residential

-

18.1%

719,322

American

Homes

4

Rent,

Class

A  

23,600,955

279,744

Apartment

Income

REIT

Corp  

10,803,713

183,691

AvalonBay

Communities

Inc  

33,834,045

274,069

Camden

Property

Trust  

32,737,542

44,103

Centerspace  

2,969,014

23

Shares

Description

(1)

Value

Residential

(continued)

76,476

Equity

LifeStyle

Properties

Inc  

$

4,805,752

73,348

Equity

Residential  

4,930,453

40,453

Essex

Property

Trust

Inc  

9,798,930

646,510

Independence

Realty

Trust

Inc  

10,816,112

197,750

Mid-America

Apartment

Communities

Inc  

30,665,093

163,684

Sun

Communities

Inc  

22,151,356

615,382

UDR

Inc  

25,667,583

Total

Residential

212,780,548

Retail

-

11.4%

656,913

Acadia

Realty

Trust  

8,290,242

207,357

Agree

Realty

Corp  

14,013,186

61,044

Brixmor

Property

Group

Inc  

1,127,483

95,604

Federal

Realty

Investment

Trust  

8,615,833

975,849

Kimco

Realty

Corp  

17,965,380

39,345

Kite

Realty

Group

Trust  

677,521

103,829

National

Retail

Properties

Inc  

4,138,624

519,408

NETSTREIT

Corp  

9,250,656

474,600

Realty

Income

Corp  

27,621,720

231,133

Regency

Centers

Corp  

12,446,512

140,000

Simon

Property

Group

Inc  

12,565,000

1,281,421

SITE

Centers

Corp  

13,724,019

Total

Retail

130,436,176

Specialized

-

31.6%

237,443

American

Tower

Corp  

50,979,012

99,936

Crown

Castle

Inc  

14,445,749

651,135

CubeSmart  

26,084,468

429,595

Digital

Realty

Trust

Inc  

42,607,232

96,114

Equinix

Inc  

54,673,488

2,069

Extra

Space

Storage

Inc  

357,337

486,988

Four

Corners

Property

Trust

Inc  

11,780,240

453,380

Gaming

and

Leisure

Properties

Inc  

20,057,531

99,732

Life

Storage

Inc  

11,046,316

26,266

National

Storage

Affiliates

Trust  

1,092,140

144,169

PotlatchDeltic

Corp  

5,916,696

266,160

Public

Storage  

77,934,310

71,472

SBA

Communications

Corp  

20,344,505

983,896

VICI

Properties

Inc  

29,369,296

Total

Specialized

366,688,320

Total

Real

Estate

Investment

Trust

Common

Stocks

(cost

$939,357,596)

1,104,667,215

Nuveen

Real

Estate

Securities

Fund

(continued)

Portfolio

of

Investments

September

30,

2022

(Unaudited)

24

Part

F

of

Form

N-PORT

was

prepared

in

accordance

with

U.S.

generally

accepted

accounting

principles

(“U.S.

GAAP”)

and

in

conformity

with

the

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission

(“SEC”)

related

to

interim

filings.

Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report

pursuant

to

the

rules

of

the

SEC.

For

a

full

set

of

the

Fund’s

notes

to

financial

statements,

please

refer

to

the

Fund’s

most

recently

filed

annual

or

semi-annual

report.

Fair

Value

Measurements

The

Fund’s

investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Board

of

Directors/

Trustees.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

which

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management’s

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels.

Level

1

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

2

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

3

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management’s

assumptions

in

determining

the

fair

value

of

investments).

The

following

table

summarizes

the

market

value

of

the

Fund's

investments

as

of

the

end

of

the

reporting

period,

based

on

the

inputs

used

to

value

them:

Shares

Description

(1)

Value

X

9,351,714

COMMON

STOCKS

-

0.8%

X

9,351,714

Real

Estate

Management

&

Development

-

0.8%

1,081,123

Tricon

Residential

Inc

$

9,351,714

Total

Common

Stocks

(cost

$13,701,139)

9,351,714

Total

Long-Term

Investments

(cost

$953,058,735)

1,114,018,929

Principal

Amount

(000)

Description

(1)

Coupon

Maturity

Value

SHORT-TERM

INVESTMENTS

-

 2.7% 

30,780,231

REPURCHASE

AGREEMENTS

-

2.7%

X

30,780,231

$

30,780

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

9/30/22,

repurchase

price

$30,782,360,

collateralized

by

$20,911,400,

U.S.

Treasury

Inflation

Index

Note,

0.625%,

due

1/15/26,

value

$24,999,710;

$7,249,100,

U.S.

Treasury

Note,

0.375%

,

due

1/31/26,

value

$6,396,175

0.830%

10/03/22

$

30,780,231

Total

Short-Term

Investments

(cost

$30,780,231)

30,780,231

Total

Investments

(cost

$

983,838,966

)

-

98

.8

%

1,144,799,160

Other

Assets

Less

Liabilities

-  1.2%

13,997,938

Net

Assets

-

100%

$

1,158,797,098

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Real

Estate

Investment

Trust

Common

Stocks

$

1,104,667,215

$

–

$

–

$

1,104,667,215

Common

Stocks

9,351,714

–

–

9,351,714

Short-Term

Investments:

Repurchase

Agreements

–

30,780,231

–

30,780,231

Total

$

1,114,018,929

$

30,780,231

$

–

$

1,144,799,160

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.

(1)

All

percentages

shown

in

the

Portfolio

of

Investments

are

based

on

net

assets.

REIT

Real

Estate

Investment

Trust