Nuveen Large Cap Select Fund (FLRYX) NPORT-P Nuveen Large Cap Select Fund (Jul 2023 report)

1

Nuveen

Dividend

Value

Fund

Portfolio

of

Investments

July

31,

2023

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

98.6%   

X

–

COMMON

STOCKS

-

98

.6

%

X

3,134,034,279

Banks

-

3.5%

2,131,747

Bank

of

America

Corp

$

68,215,904

944,883

Wells

Fargo

&

Co

43,615,799

Total

Banks

111,831,703

Biotechnology

-

2.6%

169,270

AbbVie

Inc

25,319,407

771,994

Gilead

Sciences

Inc

58,779,623

Total

Biotechnology

84,099,030

Building

Products

-

3.3%

773,331

Carrier

Global

Corp

46,051,861

824,699

Johnson

Controls

International

plc

57,357,816

Total

Building

Products

103,409,677

Capital

Markets

-

5.3%

146,321

Ameriprise

Financial

Inc

50,985,552

1,008,923

Charles

Schwab

Corp/The

66,689,810

214,538

LPL

Financial

Holdings

Inc

49,206,436

Total

Capital

Markets

166,881,798

Chemicals

-

3.0%

829,140

Corteva

Inc

46,788,370

641,476

DuPont

de

Nemours

Inc

49,797,782

Total

Chemicals

96,586,152

Containers

&

Packaging

-

1.0%

711,042

Sealed

Air

Corp

32,437,736

Total

Containers

&

Packaging

32,437,736

Diversified

Telecommunication

Services

-

0.6%

1,401,729

AT&T

Inc

20,353,105

Total

Diversified

Telecommunication

Services

20,353,105

Electric

Utilities

-

4.5%

863,743

Alliant

Energy

Corp

46,417,549

439,417

American

Electric

Power

Co

Inc

37,236,197

787,045

NextEra

Energy

Inc

57,690,398

Total

Electric

Utilities

141,344,144

Electrical

Equipment

-

4.6%

268,448

AMETEK

Inc

42,575,853

292,178

Eaton

Corp

PLC

59,989,987

828,022

nVent

Electric

PLC

43,785,803

Total

Electrical

Equipment

146,351,643

Financial

Services

-

3.4%

1,024,337

Fidelity

National

Information

Services

Inc

61,849,468

199,260

Visa

Inc,

Class

A

47,370,080

Total

Financial

Services

109,219,548

Nuveen

Dividend

Value

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

2

Shares

Description

(1)

Value

Food

Products

-

1.4%

1,204,496

Kraft

Heinz

Co/The

$

43,578,665

Total

Food

Products

43,578,665

Health

Care

Equipment

&

Supplies

-

3.5%

602,655

Abbott

Laboratories

67,093,581

157,318

Becton

Dickinson

&

Co

43,831,941

Total

Health

Care

Equipment

&

Supplies

110,925,522

Health

Care

Providers

&

Services

-

5.3%

181,653

Cigna

Group/The

53,605,800

135,722

Elevance

Health

Inc

64,010,567

107,939

Humana

Inc

49,309,774

Total

Health

Care

Providers

&

Services

166,926,141

Hotels,

Restaurants

&

Leisure

-

2.4%

92,554

Domino's

Pizza

Inc

36,719,874

492,922

Wyndham

Hotels

&

Resorts

Inc

38,408,482

Total

Hotels,

Restaurants

&

Leisure

75,128,356

Household

Durables

-

1.2%

3,486,869

Newell

Brands

Inc

38,913,458

Total

Household

Durables

38,913,458

Household

Products

-

0.9%

380,842

Spectrum

Brands

Holdings

Inc

29,861,821

Total

Household

Products

29,861,821

Industrial

Conglomerates

-

1.3%

366,759

3M

Co

40,893,629

Total

Industrial

Conglomerates

40,893,629

Industrial

REITs

-

2.4%

145,778

EastGroup

Properties

Inc

25,828,946

414,443

Prologis

Inc

51,701,764

Total

Industrial

REITs

77,530,710

Insurance

-

4.5%

920,602

American

International

Group

Inc

55,493,889

116,177

Everest

Group

Ltd

41,882,970

210,898

Willis

Towers

Watson

PLC

44,569,074

Total

Insurance

141,945,933

Interactive

Media

&

Services

-

3.0%

367,634

Alphabet

Inc,

Class

C

(2)

48,935,762

150,073

Meta

Platforms

Inc

(2)

47,813,258

Total

Interactive

Media

&

Services

96,749,020

Machinery

-

5.2%

79,313

Caterpillar

Inc

21,031,428

81,491

Dover

Corp

11,895,241

248,581

ITT

Inc

24,758,668

146,378

Parker-Hannifin

Corp

60,016,444

402,112

Westinghouse

Air

Brake

Technologies

Corp

47,626,145

Total

Machinery

165,327,926

Multi-Utilities

-

0.5%

296,032

Dominion

Energy

Inc

15,852,514

Total

Multi-Utilities

15,852,514

3

Shares

Description

(1)

Value

Oil,

Gas

&

Consumable

Fuels

-

9.5%

651,134

ConocoPhillips

$

76,651,494

169,876

Diamondback

Energy

Inc

25,026,132

378,724

EOG

Resources

Inc

50,192,292

268,736

Pioneer

Natural

Resources

Co

60,645,653

650,803

Shell

PLC,

ADR

40,108,989

385,336

Valero

Energy

Corp

49,673,664

Total

Oil,

Gas

&

Consumable

Fuels

302,298,224

Pharmaceuticals

-

4.6%

576,351

AstraZeneca

PLC,

Sponsored

ADR

41,324,366

553,609

Merck

&

Co

Inc

59,042,400

845,394

Sanofi,

ADR

45,118,678

Total

Pharmaceuticals

145,485,444

Residential

REITs

-

1.3%

1,102,265

American

Homes

4

Rent,

Class

A

41,312,892

Total

Residential

REITs

41,312,892

Semiconductors

&

Semiconductor

Equipment

-

4.3%

69,132

Broadcom

Inc

62,125,472

36,313

Lam

Research

Corp

26,090,527

241,591

QUALCOMM

Inc

31,931,083

173,940

Taiwan

Semiconductor

Manufacturing

Co

Ltd,

Sponsored

ADR

17,246,151

Total

Semiconductors

&

Semiconductor

Equipment

137,393,233

Software

-

7.0%

2,174,265

Gen

Digital

Inc

42,289,454

135,142

Microsoft

Corp

45,396,901

427,973

Oracle

Corp

50,171,275

98,581

Roper

Technologies

Inc

48,605,362

153,373

Salesforce

Inc

(2)

34,510,459

Total

Software

220,973,451

Specialized

REITs

-

1.9%

330,843

Crown

Castle

Inc

35,826,988

169,310

Extra

Space

Storage

Inc

23,630,597

Total

Specialized

REITs

59,457,585

Technology

Hardware,

Storage

&

Peripherals

-

1.9%

3,556,771

Hewlett

Packard

Enterprise

Co

61,816,680

Total

Technology

Hardware,

Storage

&

Peripherals

61,816,680

Tobacco

-

2.4%

751,861

Philip

Morris

International

Inc

74,975,579

Total

Tobacco

74,975,579

Trading

Companies

&

Distributors

-

2.3%

75,780

United

Rentals

Inc

35,213,450

221,903

WESCO

International

Inc

38,959,510

Total

Trading

Companies

&

Distributors

74,172,960

Total

Common

Stocks

(cost

$2,738,987,649)

3,134,034,279

Total

Long-Term

Investments

(cost

$2,738,987,649)

3,134,034,279

Other

Assets

&

Liabilities,

Net

-  1.4%

43,722,800

Net

Assets

-

100%

$

3,177,757,079

Nuveen

Dividend

Value

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(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:

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

3,134,034,279

$

–

$

–

$

3,134,034,279

Total

$

3,134,034,279

$

–

$

–

$

3,134,034,279

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.

ADR

American

Depositary

Receipt

REIT

Real

Estate

Investment

Trust

5

Nuveen

Large

Cap

Select

Fund

Portfolio

of

Investments

July

31,

2023

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

99.1%   

X

–

COMMON

STOCKS

-

99

.1

%

X

38,952,165

Aerospace

&

Defense

-

0.7%

1,477

Curtiss-Wright

Corp

$

282,639

Total

Aerospace

&

Defense

282,639

Banks

-

1.5%

12,529

Wells

Fargo

&

Co

578,339

Total

Banks

578,339

Biotechnology

-

3.2%

1,227

Biogen

Inc

(2)

331,523

6,956

Gilead

Sciences

Inc

529,630

1,610

United

Therapeutics

Corp

(2)

390,779

Total

Biotechnology

1,251,932

Broadline

Retail

-

3.2%

9,344

Amazon.com

Inc

(2)

1,249,106

Total

Broadline

Retail

1,249,106

Building

Products

-

2.4%

8,657

Carrier

Global

Corp

515,524

6,303

Johnson

Controls

International

plc

438,374

Total

Building

Products

953,898

Capital

Markets

-

4.0%

1,469

Ameriprise

Financial

Inc

511,873

10,308

Charles

Schwab

Corp/The

681,359

1,639

LPL

Financial

Holdings

Inc

375,921

Total

Capital

Markets

1,569,153

Chemicals

-

2.4%

8,977

Corteva

Inc

506,572

5,681

DuPont

de

Nemours

Inc

441,016

Total

Chemicals

947,588

Consumer

Staples

Distribution

&

Retail

-

0.9%

5,714

Performance

Food

Group

Co

(2)

341,469

Total

Consumer

Staples

Distribution

&

Retail

341,469

Containers

&

Packaging

-

0.8%

6,543

Sealed

Air

Corp

298,492

Total

Containers

&

Packaging

298,492

Electric

Utilities

-

1.3%

7,161

NextEra

Energy

Inc

524,901

Total

Electric

Utilities

524,901

Electrical

Equipment

-

3.8%

2,858

AMETEK

Inc

453,279

2,718

Eaton

Corp

PLC

558,060

8,812

nVent

Electric

PLC

465,978

Total

Electrical

Equipment

1,477,317

Nuveen

Large

Cap

Select

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

6

Shares

Description

(1)

Value

Financial

Services

-

7.9%

8,774

Fidelity

National

Information

Services

Inc

$

529,774

7,028

Fiserv

Inc

(2)

887,004

2,078

FleetCor

Technologies

Inc

(2)

517,235

2,972

Mastercard

Inc,

Class

A

1,171,800

Total

Financial

Services

3,105,813

Food

Products

-

1.0%

11,286

Kraft

Heinz

Co/The

408,327

Total

Food

Products

408,327

Health

Care

Equipment

&

Supplies

-

2.8%

5,772

Abbott

Laboratories

642,597

1,650

Becton

Dickinson

&

Co

459,723

Total

Health

Care

Equipment

&

Supplies

1,102,320

Health

Care

Providers

&

Services

-

4.5%

6,578

Centene

Corp

(2)

447,896

1,537

Elevance

Health

Inc

724,895

1,343

Humana

Inc

613,523

Total

Health

Care

Providers

&

Services

1,786,314

Hotels,

Restaurants

&

Leisure

-

3.6%

1,287

Domino's

Pizza

Inc

510,605

3,698

Expedia

Group

Inc

(2)

453,116

8,512

MGM

Resorts

International

432,154

Total

Hotels,

Restaurants

&

Leisure

1,395,875

Household

Durables

-

0.9%

30,447

Newell

Brands

Inc

339,788

Total

Household

Durables

339,788

Industrial

Conglomerates

-

0.7%

2,296

3M

Co

256,004

Total

Industrial

Conglomerates

256,004

Industrial

REITs

-

1.4%

4,339

Prologis

Inc

541,290

Total

Industrial

REITs

541,290

Insurance

-

2.4%

10,292

American

International

Group

Inc

620,402

1,531

Willis

Towers

Watson

PLC

323,546

Total

Insurance

943,948

Interactive

Media

&

Services

-

7.6%

12,639

Alphabet

Inc,

Class

C

(2)

1,682,377

4,051

Meta

Platforms

Inc

(2)

1,290,649

Total

Interactive

Media

&

Services

2,973,026

Machinery

-

3.0%

523

Dover

Corp

76,342

1,363

Parker-Hannifin

Corp

558,844

4,702

Westinghouse

Air

Brake

Technologies

Corp

556,905

Total

Machinery

1,192,091

7

Shares

Description

(1)

Value

Oil,

Gas

&

Consumable

Fuels

-

5.6%

6,363

ConocoPhillips

$

749,052

1,181

EOG

Resources

Inc

156,518

18,142

Permian

Resources

Corp

212,080

2,901

Pioneer

Natural

Resources

Co

654,669

3,364

Valero

Energy

Corp

433,653

Total

Oil,

Gas

&

Consumable

Fuels

2,205,972

Pharmaceuticals

-

2.0%

5,635

AstraZeneca

PLC,

Sponsored

ADR

404,030

7,274

Sanofi,

ADR

388,213

Total

Pharmaceuticals

792,243

Semiconductors

&

Semiconductor

Equipment

-

8.0%

1,020

Broadcom

Inc

916,623

3,601

NVIDIA

Corp

1,682,711

2,681

QUALCOMM

Inc

354,348

2,083

Taiwan

Semiconductor

Manufacturing

Co

Ltd,

Sponsored

ADR

206,529

Total

Semiconductors

&

Semiconductor

Equipment

3,160,211

Software

-

15.6%

2,529

Crowdstrike

Holdings

Inc,

Class

A

(2)

408,838

20,562

Gen

Digital

Inc

399,931

8,881

Microsoft

Corp

2,983,306

5,644

Oracle

Corp

661,646

915

Roper

Technologies

Inc

451,141

3,127

Salesforce

Inc

(2)

703,606

931

ServiceNow

Inc

(2)

542,773

Total

Software

6,151,241

Technology

Hardware,

Storage

&

Peripherals

-

3.2%

3,987

Apple

Inc

783,246

27,937

Hewlett

Packard

Enterprise

Co

485,545

Total

Technology

Hardware,

Storage

&

Peripherals

1,268,791

Textiles,

Apparel

&

Luxury

Goods

-

0.7%

7,583

Capri

Holdings

Ltd

(2)

279,889

Total

Textiles,

Apparel

&

Luxury

Goods

279,889

Tobacco

-

1.7%

6,593

Philip

Morris

International

Inc

657,454

Total

Tobacco

657,454

Nuveen

Large

Cap

Select

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

8

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

Trading

Companies

&

Distributors

-

2.3%

961

United

Rentals

Inc

$

446,558

2,678

WESCO

International

Inc

470,176

Total

Trading

Companies

&

Distributors

916,734

Total

Common

Stocks

(cost

$30,304,129)

38,952,165

Total

Long-Term

Investments

(cost

$30,304,129)

38,952,165

Principal

Amount

(000)

Description

(1)

Coupon

Maturity

Value

SHORT-TERM

INVESTMENTS

-

 0.2%  

X

–

REPURCHASE

AGREEMENTS

-

0

.2

%

X

100,000

$

100

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

7/31/23,

repurchase

price

$100,015,

collateralized

$108,500,

U.S.

Treasury

Bond,

3.75%,

due

11/15/43,

value

$102,032

5.260%

8/01/23

$

100,000

Total

Repurchase

Agreements

(cost

$100,000)

100,000

Total

Short-Term

Investments

(cost

$100,000)

100,000

Total

Investments

(cost

$

30,404,129

)

-

99

.3

%

39,052,165

Other

Assets

&

Liabilities,

Net

-  0.7%

269,709

Net

Assets

-

100%

$

39,321,874

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

38,952,165

$

–

$

–

$

38,952,165

Short-Term

Investments:

Repurchase

Agreements

–

100,000

–

100,000

Total

$

38,952,165

$

100,000

$

–

$

39,052,165

9

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.

ADR

American

Depositary

Receipt

REIT

Real

Estate

Investment

Trust

10

Nuveen

Mid

Cap

Growth

Opportunities

Fund

Portfolio

of

Investments

July

31,

2023

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

98.1%   

X

–

COMMON

STOCKS

-

98

.1

%

X

200,169,368

Aerospace

&

Defense

-

2.2%

12,808

Axon

Enterprise

Inc

(2)

$

2,381,391

15,319

HEICO

Corp,

Class

A

2,150,022

Total

Aerospace

&

Defense

4,531,413

Biotechnology

-

6.3%

9,549

Alnylam

Pharmaceuticals

Inc

(2)

1,865,874

4,135

Argenx

SE,

ADR

(2)

2,086,025

8,728

BioMarin

Pharmaceutical

Inc

(2)

767,453

15,654

Horizon

Therapeutics

Plc

(2)

1,569,626

13,446

Krystal

Biotech

Inc

(2)

1,735,879

14,666

Sarepta

Therapeutics

Inc

(2)

1,589,648

13,529

United

Therapeutics

Corp

(2)

3,283,759

Total

Biotechnology

12,898,264

Building

Products

-

2.5%

88,244

AZEK

Co

Inc/The

(2)

2,753,213

37,772

Carrier

Global

Corp

2,249,322

Total

Building

Products

5,002,535

Capital

Markets

-

4.2%

12,375

Ameriprise

Financial

Inc

4,312,069

7,893

MSCI

Inc

4,325,995

Total

Capital

Markets

8,638,064

Commercial

Services

&

Supplies

-

2.9%

82,026

GFL

Environmental

Inc

2,800,368

18,890

Tetra

Tech

Inc

3,196,377

Total

Commercial

Services

&

Supplies

5,996,745

Communications

Equipment

-

0.9%

45,198

Ciena

Corp

(2)

1,907,356

Total

Communications

Equipment

1,907,356

Construction

&

Engineering

-

3.3%

27,881

MasTec

Inc

(2)

3,282,988

17,327

Quanta

Services

Inc

3,493,469

Total

Construction

&

Engineering

6,776,457

Construction

Materials

-

1.7%

15,895

Vulcan

Materials

Co

3,504,847

Total

Construction

Materials

3,504,847

Consumer

Finance

-

1.7%

36,111

FirstCash

Holdings

Inc

3,440,656

Total

Consumer

Finance

3,440,656

Consumer

Staples

Distribution

&

Retail

-

1.4%

41,330

BJ's

Wholesale

Club

Holdings

Inc

(2)

2,740,592

Total

Consumer

Staples

Distribution

&

Retail

2,740,592

11

Shares

Description

(1)

Value

Electronic

Equipment,

Instruments

&

Components

-

2.3%

117,606

Array

Technologies

Inc

(2)

$

2,240,394

45,277

Cognex

Corp

2,473,030

Total

Electronic

Equipment,

Instruments

&

Components

4,713,424

Entertainment

-

2.0%

13,556

Take-Two

Interactive

Software

Inc

(2)

2,073,255

19,132

World

Wrestling

Entertainment

Inc,

Class

A

2,008,860

Total

Entertainment

4,082,115

Ground

Transportation

-

2.6%

39,312

Knight-Swift

Transportation

Holdings

Inc

2,388,204

41,990

XPO

Inc

(2)

2,907,388

Total

Ground

Transportation

5,295,592

Health

Care

Equipment

&

Supplies

-

10.2%

6,440

Align

Technology

Inc

(2)

2,433,612

45,693

Dexcom

Inc

(2)

5,691,520

7,092

Inspire

Medical

Systems

Inc

(2)

2,041,149

15,522

Insulet

Corp

(2)

4,295,713

37,536

Lantheus

Holdings

Inc

(2)

3,246,489

10,029

Penumbra

Inc

(2)

3,042,397

Total

Health

Care

Equipment

&

Supplies

20,750,880

Health

Care

Technology

-

2.3%

22,958

Veeva

Systems

Inc,

Class

A

(2)

4,688,483

Total

Health

Care

Technology

4,688,483

Hotels,

Restaurants

&

Leisure

-

6.8%

47,536

Caesars

Entertainment

Inc

(2)

2,805,575

8,858

Domino's

Pizza

Inc

3,514,323

43,218

Planet

Fitness

Inc

(2)

2,918,944

7,148

Wingstop

Inc

1,205,010

24,629

Yum!

Brands

Inc

3,390,674

Total

Hotels,

Restaurants

&

Leisure

13,834,526

Insurance

-

1.2%

6,501

Everest

Group

Ltd

2,343,675

Total

Insurance

2,343,675

IT

Services

-

4.3%

9,749

Gartner

Inc

(2)

3,447,149

6,047

MongoDB

Inc

(2)

2,560,300

41,298

Shift4

Payments

Inc,

Class

A

(2)

2,849,149

Total

IT

Services

8,856,598

Leisure

Products

-

1.2%

123,518

Topgolf

Callaway

Brands

Corp

(2)

2,466,654

Total

Leisure

Products

2,466,654

Life

Sciences

Tools

&

Services

-

2.3%

33,320

Bio-Techne

Corp

2,778,888

10,478

Repligen

Corp

(2)

1,797,606

Total

Life

Sciences

Tools

&

Services

4,576,494

Machinery

-

1.4%

43,737

Donaldson

Co

Inc

2,747,996

Total

Machinery

2,747,996

Nuveen

Mid

Cap

Growth

Opportunities

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

12

Shares

Description

(1)

Value

Media

-

1.4%

31,474

Trade

Desk

Inc/The,

Class

A

(2)

$

2,872,317

Total

Media

2,872,317

Metals

&

Mining

-

0.9%

94,957

Lithium

Americas

Corp

(2)

1,916,232

Total

Metals

&

Mining

1,916,232

Oil,

Gas

&

Consumable

Fuels

-

4.3%

18,562

Cheniere

Energy

Inc

3,004,445

16,760

Diamondback

Energy

Inc

2,469,083

289,282

Permian

Resources

Corp

3,381,707

Total

Oil,

Gas

&

Consumable

Fuels

8,855,235

Personal

Care

Products

-

0.7%

63,512

Kenvue

Inc

(2)

1,503,964

Total

Personal

Care

Products

1,503,964

Professional

Services

-

3.9%

29,536

CoStar

Group

Inc

(2)

2,480,138

24,262

Verisk

Analytics

Inc

5,554,542

Total

Professional

Services

8,034,680

Semiconductors

&

Semiconductor

Equipment

-

3.8%

30,961

GLOBALFOUNDRIES

Inc

(2),(3)

1,971,906

25,845

Lattice

Semiconductor

Corp

(2)

2,350,344

6,105

Monolithic

Power

Systems

Inc

3,415,687

Total

Semiconductors

&

Semiconductor

Equipment

7,737,937

Software

-

12.9%

28,135

Crowdstrike

Holdings

Inc,

Class

A

(2)

4,548,304

15,420

CyberArk

Software

Ltd

(2)

2,559,874

47,938

Five9

Inc

(2)

4,206,560

7,499

Palo

Alto

Networks

Inc

(2)

1,874,450

19,772

PTC

Inc

(2)

2,882,955

42,005

Sprout

Social

Inc,

Class

A

(2)

2,400,166

5,354

Synopsys

Inc

(2)

2,418,937

8,297

Tyler

Technologies

Inc

(2)

3,290,839

13,717

Zscaler

Inc

(2)

2,199,933

Total

Software

26,382,018

Specialty

Retail

-

3.5%

72,493

Chewy

Inc,

Class

A

(2),(3)

2,457,513

40,030

Ross

Stores

Inc

4,589,039

Total

Specialty

Retail

7,046,552

13

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

Textiles,

Apparel

&

Luxury

Goods

-

3.0%

25,945

Crocs

Inc

(2)

$

2,811,141

5,915

Deckers

Outdoor

Corp

(2)

3,215,926

Total

Textiles,

Apparel

&

Luxury

Goods

6,027,067

Total

Common

Stocks

(cost

$172,862,811)

200,169,368

Total

Long-Term

Investments

(cost

$172,862,811)

200,169,368

Shares

Description

(1)

Coupon

Value

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

  0.9%

1,768,534

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

(4)

5.340%(5)

$

1,768,534

Total

Investments

Purchased

with

Collateral

from

Securities

Lending

(cost

$1,768,534)

1,768,534

Principal

Amount

(000)

Description

(1)

Coupon

Maturity

Value

SHORT-TERM

INVESTMENTS

-

 1.5%  

X

–

REPURCHASE

AGREEMENTS

-

1

.5

%

X

2,990,000

$

2,990

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

7/31/23,

repurchase

price

$2,990,437,

collateralized

$3,243,200,

U.S.

Treasury

Bond,

3.75%,

due

11/15/43,

value

$3,049,858

5.260%

8/01/23

$

2,990,000

Total

Repurchase

Agreements

(cost

$2,990,000)

2,990,000

Total

Short-Term

Investments

(cost

$2,990,000)

2,990,000

Total

Investments

(cost

$

177,621,345

)

-

100

.5

%

204,927,902

Other

Assets

&

Liabilities,

Net

-  (0.5)%

(

992,115

)

Net

Assets

-

100%

$

203,935,787

Nuveen

Mid

Cap

Growth

Opportunities

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

14

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

200,169,368

$

–

$

–

$

200,169,368

Investments

Purchased

with

Collateral

from

Securities

Lending

1,768,534

–

–

1,768,534

Short-Term

Investments:

Repurchase

Agreements

–

2,990,000

–

2,990,000

Total

$

201,937,902

$

2,990,000

$

–

$

204,927,902

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)

Investment,

or

a

portion

of

investment,

is

out

on

loan

for

securities

lending.

The

total

value

of

the

securities

out

on

loan

as

of

the

end

of

the

reporting

period

was

$1,741,985.

(4)

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.

(5)

The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

ADR

American

Depositary

Receipt

15

Nuveen

Mid

Cap

Value

Fund

Portfolio

of

Investments

July

31,

2023

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

98.6%   

X

–

COMMON

STOCKS

-

98

.6

%

X

474,439,456

Aerospace

&

Defense

-

1.2%

30,811

L3Harris

Technologies

Inc

$

5,838,376

Total

Aerospace

&

Defense

5,838,376

Banks

-

2.1%

61,569

East

West

Bancorp

Inc

3,830,208

214,223

Fifth

Third

Bancorp

6,233,889

Total

Banks

10,064,097

Biotechnology

-

2.4%

18,689

Biogen

Inc

(2)

5,049,581

26,972

United

Therapeutics

Corp

(2)

6,546,644

Total

Biotechnology

11,596,225

Building

Products

-

5.3%

20,806

Carlisle

Cos

Inc

5,767,423

168,418

Carrier

Global

Corp

10,029,292

69,093

Owens

Corning

9,672,329

Total

Building

Products

25,469,044

Capital

Markets

-

3.8%

24,891

Ameriprise

Financial

Inc

8,673,269

88,928

Raymond

James

Financial

Inc

9,788,305

Total

Capital

Markets

18,461,574

Chemicals

-

3.2%

101,885

DuPont

de

Nemours

Inc

7,909,333

54,010

Westlake

Corp

7,426,375

Total

Chemicals

15,335,708

Communications

Equipment

-

1.4%

158,229

Ciena

Corp

(2)

6,677,264

Total

Communications

Equipment

6,677,264

Construction

Materials

-

1.0%

130,216

Summit

Materials

Inc,

Class

A

(2)

4,711,215

Total

Construction

Materials

4,711,215

Consumer

Finance

-

1.3%

133,488

OneMain

Holdings

Inc

6,071,034

Total

Consumer

Finance

6,071,034

Consumer

Staples

Distribution

&

Retail

-

1.8%

200,885

US

Foods

Holding

Corp

(2)

8,583,816

Total

Consumer

Staples

Distribution

&

Retail

8,583,816

Containers

&

Packaging

-

1.0%

207,861

Graphic

Packaging

Holding

Co

5,030,236

Total

Containers

&

Packaging

5,030,236

Nuveen

Mid

Cap

Value

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

16

Shares

Description

(1)

Value

Electric

Utilities

-

5.7%

127,374

Alliant

Energy

Corp

$

6,845,079

71,948

American

Electric

Power

Co

Inc

6,096,873

180,900

FirstEnergy

Corp

7,125,651

120,985

Xcel

Energy

Inc

7,589,389

Total

Electric

Utilities

27,656,992

Electrical

Equipment

-

1.9%

29,622

Hubbell

Inc

9,242,064

Total

Electrical

Equipment

9,242,064

Electronic

Equipment,

Instruments

&

Components

-

2.4%

104,939

Avnet

Inc

5,089,541

66,869

TD

SYNNEX

Corp

6,600,639

Total

Electronic

Equipment,

Instruments

&

Components

11,690,180

Energy

Equipment

&

Services

-

1.1%

151,657

Baker

Hughes

Co

5,427,804

Total

Energy

Equipment

&

Services

5,427,804

Entertainment

-

1.5%

48,635

Take-Two

Interactive

Software

Inc

(2)

7,438,237

Total

Entertainment

7,438,237

Equity

Real

Estate

Investment

Trusts

(REITs)

-

4.7%

143,804

EPR

Properties

6,419,410

145,363

National

Storage

Affiliates

Trust

4,911,816

89,071

Regency

Centers

Corp

5,836,823

143,758

STAG

Industrial

Inc

5,218,415

Total

Equity

Real

Estate

Investment

Trusts

(REITs)

22,386,464

Financial

Services

-

2.4%

205,265

Radian

Group

Inc

5,527,787

82,343

Voya

Financial

Inc

6,114,791

Total

Financial

Services

11,642,578

Ground

Transportation

-

1.8%

67,825

TFI

International

Inc

8,705,339

Total

Ground

Transportation

8,705,339

Health

Care

Equipment

&

Supplies

-

2.2%

138,504

Envista

Holdings

Corp

(2)

4,765,922

41,806

Zimmer

Biomet

Holdings

Inc

5,775,499

Total

Health

Care

Equipment

&

Supplies

10,541,421

Health

Care

Providers

&

Services

-

2.4%

59,290

Centene

Corp

(2)

4,037,056

225,665

Option

Care

Health

Inc

(2)

7,622,964

Total

Health

Care

Providers

&

Services

11,660,020

Hotel

&

Resort

REITs

-

1.2%

360,097

Apple

Hospitality

REIT

Inc

5,581,503

Total

Hotel

&

Resort

REITs

5,581,503

Hotels,

Restaurants

&

Leisure

-

2.6%

40,037

Darden

Restaurants

Inc

6,763,050

140,344

Travel

+

Leisure

Co

5,716,211

Total

Hotels,

Restaurants

&

Leisure

12,479,261

17

Shares

Description

(1)

Value

Household

Durables

-

1.4%

52,524

DR

Horton

Inc

$

6,671,598

Total

Household

Durables

6,671,598

Insurance

-

4.9%

128,614

Arch

Capital

Group

Ltd

(2)

9,992,022

18,245

Everest

Group

Ltd

6,577,505

50,583

Reinsurance

Group

of

America

Inc

7,099,324

Total

Insurance

23,668,851

IT

Services

-

1.2%

26,608

VeriSign

Inc

(2)

5,612,958

Total

IT

Services

5,612,958

Leisure

Products

-

1.5%

84,022

Brunswick

Corp/DE

7,251,939

Total

Leisure

Products

7,251,939

Machinery

-

6.9%

48,668

AGCO

Corp

6,477,711

64,386

Crane

Co

6,032,324

82,945

Crane

NXT

Co

4,906,197

95,955

PACCAR

Inc

8,264,604

18,392

Parker-Hannifin

Corp

7,540,904

Total

Machinery

33,221,740

Metals

&

Mining

-

2.4%

138,079

Alcoa

Corp

4,997,079

22,063

Reliance

Steel

&

Aluminum

Co

6,461,370

Total

Metals

&

Mining

11,458,449

Mortgage

Real

Estate

Investment

Trusts

(REITs)

-

1.0%

227,930

Starwood

Property

Trust

Inc

4,727,268

Total

Mortgage

Real

Estate

Investment

Trusts

(REITs)

4,727,268

Multi-Utilities

-

2.0%

112,533

Ameren

Corp

9,640,702

Total

Multi-Utilities

9,640,702

Oil,

Gas

&

Consumable

Fuels

-

5.9%

61,760

Diamondback

Energy

Inc

9,098,483

176,334

EQT

Corp

7,437,768

570,786

Permian

Resources

Corp

6,672,489

143,736

Williams

Cos

Inc/The

4,951,705

Total

Oil,

Gas

&

Consumable

Fuels

28,160,445

Personal

Products

-

1.0%

410,716

Coty

Inc,

Class

A

(2)

4,945,021

Total

Personal

Products

4,945,021

Pharmaceuticals

-

1.2%

43,526

Jazz

Pharmaceuticals

PLC

(2)

5,676,661

Total

Pharmaceuticals

5,676,661

Residential

REITs

-

2.8%

34,647

AvalonBay

Communities

Inc

6,536,157

197,342

Invitation

Homes

Inc

7,005,641

Total

Residential

REITs

13,541,798

Nuveen

Mid

Cap

Value

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

18

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.

Shares

Description

(1)

Value

Semiconductors

&

Semiconductor

Equipment

-

2.8%

108,434

Marvell

Technology

Inc

$

7,062,307

98,887

Wolfspeed

Inc

(2)

6,516,653

Total

Semiconductors

&

Semiconductor

Equipment

13,578,960

Software

-

3.5%

36,973

Check

Point

Software

Technologies

Ltd

(2)

4,888,200

15,157

Roper

Technologies

Inc

7,473,159

9,393

Synopsys

Inc

(2)

4,243,758

Total

Software

16,605,117

Specialized

REITs

-

1.3%

188,122

Weyerhaeuser

Co

6,407,435

Total

Specialized

REITs

6,407,435

Specialty

Retail

-

1.3%

37,791

AutoNation

Inc

(2)

6,083,595

Total

Specialty

Retail

6,083,595

Textiles,

Apparel

&

Luxury

Goods

-

1.3%

47,713

Ralph

Lauren

Corp

6,266,148

Total

Textiles,

Apparel

&

Luxury

Goods

6,266,148

Trading

Companies

&

Distributors

-

1.8%

49,156

WESCO

International

Inc

8,630,319

Total

Trading

Companies

&

Distributors

8,630,319

Total

Common

Stocks

(cost

$373,998,652)

474,439,456

Total

Long-Term

Investments

(cost

$373,998,652)

474,439,456

Principal

Amount

(000)

Description

(1)

Coupon

Maturity

Value

SHORT-TERM

INVESTMENTS

-

 1.1%  

X

–

REPURCHASE

AGREEMENTS

-

1

.1

%

X

5,390,033

$

170

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

7/31/23,

repurchase

price

$170,040,

collateralized

$188,700,

U.S.

Treasury

Note,

2.625%,

due

7/31/29,

value

$173,493

1.600%

8/01/23

$

170,033

5,220

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

7/31/23,

repurchase

price

$5,220,763,

collateralized

$5,662,000,

U.S.

Treasury

Bond,

3.75%,

due

7/31/29,

value

$5,324,463

5.260%

8/01/23

5,220,000

Total

Repurchase

Agreements

(cost

$5,390,033)

5,390,033

Total

Short-Term

Investments

(cost

$5,390,033)

5,390,033

Total

Investments

(cost

$

379,388,685

)

-

99

.7

%

479,829,489

Other

Assets

&

Liabilities,

Net

-  0.3%

1,289,233

Net

Assets

-

100%

$

481,118,722

19

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:

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

474,439,456

$

–

$

–

$

474,439,456

Short-Term

Investments:

Repurchase

Agreements

–

5,390,033

–

5,390,033

Total

$

474,439,456

$

5,390,033

$

–

$

479,829,489

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.

REIT

Real

Estate

Investment

Trust

20

Nuveen

Small

Cap

Growth

Opportunities

Fund

Portfolio

of

Investments

July

31,

2023

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

98.9%   

X

–

COMMON

STOCKS

-

98

.9

%

X

212,502,846

Aerospace

&

Defense

-

1.4%

194,033

Kratos

Defense

&

Security

Solutions

Inc

(2)

$

2,927,958

Total

Aerospace

&

Defense

2,927,958

Automobile

Components

-

1.0%

37,283

Gentherm

Inc

(2)

2,228,405

Total

Automobile

Components

2,228,405

Banks

-

1.7%

37,249

Ameris

Bancorp

1,625,919

28,925

Preferred

Bank/Los

Angeles

CA

1,911,364

Total

Banks

3,537,283

Beverages

-

1.8%

33,470

MGP

Ingredients

Inc

3,815,915

Total

Beverages

3,815,915

Biotechnology

-

4.2%

25,886

Crinetics

Pharmaceuticals

Inc

(2)

491,834

34,789

Cytokinetics

Inc

(2)

1,160,213

57,456

Halozyme

Therapeutics

Inc

(2)

2,468,310

49,655

ImmunoGen

Inc

(2)

884,852

29,990

Immunovant

Inc

(2)

684,672

7,422

Karuna

Therapeutics

Inc

(2)

1,482,693

9,596

Krystal

Biotech

Inc

(2)

1,238,843

9,800

Prothena

Corp

PLC

(2)

674,926

Total

Biotechnology

9,086,343

Broadline

Retail

-

1.4%

41,298

Ollie's

Bargain

Outlet

Holdings

Inc

(2)

3,009,798

Total

Broadline

Retail

3,009,798

Building

Products

-

1.7%

114,788

AZEK

Co

Inc/The

(2)

3,581,386

Total

Building

Products

3,581,386

Capital

Markets

-

1.7%

27,308

Evercore

Inc,

Class

A

3,688,218

Total

Capital

Markets

3,688,218

Commercial

Services

&

Supplies

-

3.5%

39,672

Casella

Waste

Systems

Inc,

Class

A

(2)

3,201,134

25,491

Tetra

Tech

Inc

4,313,332

Total

Commercial

Services

&

Supplies

7,514,466

Construction

Materials

-

1.5%

88,518

Summit

Materials

Inc,

Class

A

(2)

3,202,581

Total

Construction

Materials

3,202,581

Containers

&

Packaging

-

0.9%

45,163

Silgan

Holdings

Inc

1,980,397

Total

Containers

&

Packaging

1,980,397

21

Shares

Description

(1)

Value

Electrical

Equipment

-

1.7%

22,700

Atkore

Inc

(2)

$

3,601,809

Total

Electrical

Equipment

3,601,809

Electronic

Equipment,

Instruments

&

Components

-

2.2%

125,973

Array

Technologies

Inc

(2)

2,399,786

338,064

Evolv

Technologies

Holdings

Inc

(2)

2,224,461

Total

Electronic

Equipment,

Instruments

&

Components

4,624,247

Equity

Real

Estate

Investment

Trusts

(REITs)

-

2.6%

21,913

EastGroup

Properties

Inc

3,882,545

261,772

Summit

Hotel

Properties

Inc

1,685,812

Total

Equity

Real

Estate

Investment

Trusts

(REITs)

5,568,357

Food

Products

-

0.8%

92,112

Sovos

Brands

Inc

(2)

1,639,594

Total

Food

Products

1,639,594

Ground

Transportation

-

1.8%

9,233

Saia

Inc

(2)

3,906,852

Total

Ground

Transportation

3,906,852

Health

Care

Equipment

&

Supplies

-

9.2%

162,529

Alphatec

Holdings

Inc

(2)

2,871,888

53,327

AtriCure

Inc

(2)

2,951,650

51,093

Axonics

Inc

(2)

3,084,484

30,713

Establishment

Labs

Holdings

Inc

(2)

2,211,643

39,704

Glaukos

Corp

(2)

3,062,767

38,715

Lantheus

Holdings

Inc

(2)

3,348,460

88,099

SI-BONE

Inc

(2)

2,269,430

Total

Health

Care

Equipment

&

Supplies

19,800,322

Health

Care

Providers

&

Services

-

7.2%

39,606

Addus

HomeCare

Corp

(2)

3,626,721

31,499

Encompass

Health

Corp

2,079,879

32,550

Ensign

Group

Inc/The

3,153,118

48,435

HealthEquity

Inc

(2)

3,290,674

77,439

Progyny

Inc

(2)

3,233,853

Total

Health

Care

Providers

&

Services

15,384,245

Health

Care

Technology

-

1.4%

99,637

Evolent

Health

Inc,

Class

A

(2)

3,027,968

Total

Health

Care

Technology

3,027,968

Hotels,

Restaurants

&

Leisure

-

4.3%

184,514

Everi

Holdings

Inc

(2)

2,738,188

18,129

Papa

John's

International

Inc

1,499,268

39,015

Planet

Fitness

Inc

(2)

2,635,073

14,265

Wingstop

Inc

2,404,794

Total

Hotels,

Restaurants

&

Leisure

9,277,323

Insurance

-

1.2%

43,447

Palomar

Holdings

Inc

(2)

2,631,150

Total

Insurance

2,631,150

IT

Services

-

2.4%

35,521

Maximus

Inc

2,975,239

32,018

Shift4

Payments

Inc,

Class

A

(2)

2,208,922

Total

IT

Services

5,184,161

Nuveen

Small

Cap

Growth

Opportunities

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

22

Shares

Description

(1)

Value

Leisure

Products

-

1.2%

133,962

Topgolf

Callaway

Brands

Corp

(2)

$

2,675,221

Total

Leisure

Products

2,675,221

Machinery

-

4.8%

19,211

Chart

Industries

Inc

(2)

3,499,476

31,171

ESCO

Technologies

Inc

3,134,244

44,509

SPX

Technologies

Inc

(2)

3,765,906

Total

Machinery

10,399,626

Media

-

2.3%

111,880

Integral

Ad

Science

Holding

Corp

(2)

2,332,698

176,627

Magnite

Inc

(2)

2,672,367

591,081

Videopropulsion

Inc

(2),(3)

591

Total

Media

5,005,656

Metals

&

Mining

-

1.0%

109,571

Lithium

Americas

Corp

(2)

2,211,143

Total

Metals

&

Mining

2,211,143

Oil,

Gas

&

Consumable

Fuels

-

5.5%

81,112

Matador

Resources

Co

4,512,261

91,558

Northern

Oil

and

Gas

Inc

3,604,638

316,623

Permian

Resources

Corp

3,701,323

Total

Oil,

Gas

&

Consumable

Fuels

11,818,222

Personal

Care

Products

-

1.3%

75,423

BellRing

Brands

Inc

(2)

2,711,457

Total

Personal

Care

Products

2,711,457

Pharmaceuticals

-

1.9%

27,772

Intra-Cellular

Therapies

Inc

(2)

1,717,421

7,780

Reata

Pharmaceuticals

Inc,

Class

A

(2)

1,288,212

28,347

Ventyx

Biosciences

Inc

(2)

1,050,256

Total

Pharmaceuticals

4,055,889

Professional

Services

-

1.3%

23,641

ICF

International

Inc

2,779,945

Total

Professional

Services

2,779,945

Semiconductors

&

Semiconductor

Equipment

-

5.0%

66,109

Aehr

Test

Systems

(2),(4)

3,448,245

25,990

Onto

Innovation

Inc

(2)

3,231,077

27,182

Silicon

Laboratories

Inc

(2)

4,053,924

Total

Semiconductors

&

Semiconductor

Equipment

10,733,246

Software

-

12.6%

63,925

Braze

Inc,

Class

A

(2)

2,906,031

30,586

CommVault

Systems

Inc

(2)

2,383,567

14,546

CyberArk

Software

Ltd

(2)

2,414,782

48,096

Envestnet

Inc

(2)

2,980,990

163,896

PowerSchool

Holdings

Inc,

Class

A

(2)

3,961,366

61,060

Q2

Holdings

Inc

(2)

2,165,798

58,792

Sprout

Social

Inc,

Class

A

(2)

3,359,375

114,266

Varonis

Systems

Inc

(2)

3,279,434

35,083

Workiva

Inc

(2)

3,693,889

Total

Software

27,145,232

23

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

Shares

Description

(1)

Value

Specialty

Retail

-

1.9%

27,107

Academy

Sports

&

Outdoors

Inc

$

1,620,727

26,861

Boot

Barn

Holdings

Inc

(2)

2,522,248

Total

Specialty

Retail

4,142,975

Technology

Hardware,

Storage

&

Peripherals

-

1.8%

11,783

Super

Micro

Computer

Inc

(2)

3,891,571

Total

Technology

Hardware,

Storage

&

Peripherals

3,891,571

Textiles,

Apparel

&

Luxury

Goods

-

1.2%

77,889

Steven

Madden

Ltd

2,599,935

Total

Textiles,

Apparel

&

Luxury

Goods

2,599,935

Trading

Companies

&

Distributors

-

1.5%

21,477

Applied

Industrial

Technologies

Inc

3,113,950

Total

Trading

Companies

&

Distributors

3,113,950

Total

Common

Stocks

(cost

$175,318,867)

212,502,846

Total

Long-Term

Investments

(cost

$175,318,867)

212,502,846

Shares

Description

(1)

Coupon

Value

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

  0.8%

1,721,769

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

(5)

5.340%(6)

$

1,721,769

Total

Investments

Purchased

with

Collateral

from

Securities

Lending

(cost

$1,721,769)

1,721,769

Principal

Amount

(000)

Description

(1)

Coupon

Maturity

Value

SHORT-TERM

INVESTMENTS

-

 1.7%  

X

–

REPURCHASE

AGREEMENTS

-

1

.7

%

X

3,744,023

$

114

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

7/31/23,

repurchase

price

$114,028,

collateralized

$126,500,

U.S.

Treasury

Note,

2.625%,

due

7/31/29,

value

$116,306

1.600%

8/01/23

$

114,023

3,630

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

7/31/23,

repurchase

price

$3,630,530,

collateralized

$3,937,400,

U.S.

Treasury

Bond,

3.75%,

due

11/15/43,

value

$3,702,674

5.260%

8/01/23

3,630,000

Total

Repurchase

Agreements

(cost

$3,744,023)

3,744,023

Total

Short-Term

Investments

(cost

$3,744,023)

3,744,023

Total

Investments

(cost

$

180,784,659

)

-

101

.4

%

217,968,638

Other

Assets

&

Liabilities,

Net

-  (1.4)%

(

3,091,816

)

Net

Assets

-

100%

$

214,876,822

Nuveen

Small

Cap

Growth

Opportunities

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

24

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:

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

212,502,255

$

–

$

591

$

212,502,846

Investments

Purchased

with

Collateral

from

Securities

Lending

1,721,769

–

–

1,721,769

Short-Term

Investments:

Repurchase

Agreements

–

3,744,023

–

3,744,023

Total

$

214,224,024

$

3,744,023

$

591

$

217,968,638

*

Refer

to

the

Fund's

Portfolio

of

Investments

for

securities

classified

as

Level

3.

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

3.

(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

$1,749,081.

(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.

REIT

Real

Estate

Investment

Trust

25

Nuveen

Small

Cap

Select

Fund

Portfolio

of

Investments

July

31,

2023

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

99.2%   

X

–

COMMON

STOCKS

-

97

.9

%

X

109,148,380

Aerospace

&

Defense

-

1.4%

100,240

Kratos

Defense

&

Security

Solutions

Inc

(2)

$

1,512,622

Total

Aerospace

&

Defense

1,512,622

Automobile

Components

-

2.2%

34,510

Atmus

Filtration

Technologies

Inc

(2)

823,063

85,198

Dana

Inc

1,617,058

Total

Automobile

Components

2,440,121

Banks

-

6.6%

25,055

Banner

Corp

1,192,869

69,559

Home

BancShares

Inc/AR

1,690,979

15,770

Preferred

Bank/Los

Angeles

CA

1,042,082

19,488

SouthState

Corp

1,513,633

23,179

Wintrust

Financial

Corp

1,955,380

Total

Banks

7,394,943

Beverages

-

3.0%

16,803

MGP

Ingredients

Inc

1,915,710

103,746

Primo

Water

Corp

1,470,081

Total

Beverages

3,385,791

Biotechnology

-

3.1%

12,837

Crinetics

Pharmaceuticals

Inc

(2)

243,903

7,506

Cytokinetics

Inc

(2)

250,325

18,016

Halozyme

Therapeutics

Inc

(2)

773,967

24,614

ImmunoGen

Inc

(2)

438,622

15,492

Immunovant

Inc

(2)

353,682

2,339

Karuna

Therapeutics

Inc

(2)

467,262

4,141

Krystal

Biotech

Inc

(2)

534,603

16,133

Myriad

Genetics

Inc

(2)

360,573

Total

Biotechnology

3,422,937

Broadline

Retail

-

1.4%

21,432

Ollie's

Bargain

Outlet

Holdings

Inc

(2)

1,561,964

Total

Broadline

Retail

1,561,964

Building

Products

-

1.4%

14,747

Masonite

International

Corp

(2)

1,541,799

Total

Building

Products

1,541,799

Capital

Markets

-

3.0%

13,359

Evercore

Inc,

Class

A

1,804,267

10,406

Piper

Sandler

Cos

1,523,022

Total

Capital

Markets

3,327,289

Chemicals

-

1.3%

36,535

Avient

Corp

1,480,764

Total

Chemicals

1,480,764

Nuveen

Small

Cap

Select

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

26

Shares

Description

(1)

Value

Construction

&

Engineering

-

4.1%

22,990

Arcosa

Inc

$

1,774,368

10,084

Comfort

Systems

USA

Inc

1,754,314

6,982

MYR

Group

Inc

(2)

995,354

Total

Construction

&

Engineering

4,524,036

Construction

Materials

-

1.4%

44,100

Summit

Materials

Inc,

Class

A

(2)

1,595,538

Total

Construction

Materials

1,595,538

Consumer

Finance

-

1.0%

12,329

FirstCash

Holdings

Inc

1,174,707

Total

Consumer

Finance

1,174,707

Containers

&

Packaging

-

1.3%

32,760

Silgan

Holdings

Inc

1,436,526

Total

Containers

&

Packaging

1,436,526

Electronic

Equipment,

Instruments

&

Components

-

2.4%

55,375

Array

Technologies

Inc

(2)

1,054,894

110,501

TTM

Technologies

Inc

(2)

1,586,794

Total

Electronic

Equipment,

Instruments

&

Components

2,641,688

Gas

Utilities

-

1.0%

16,886

Spire

Inc

1,073,443

Total

Gas

Utilities

1,073,443

Ground

Transportation

-

1.4%

12,988

ArcBest

Corp

1,510,764

Total

Ground

Transportation

1,510,764

Health

Care

Equipment

&

Supplies

-

4.9%

29,965

AtriCure

Inc

(2)

1,658,563

24,395

Axonics

Inc

(2)

1,472,726

15,111

Establishment

Labs

Holdings

Inc

(2)

1,088,143

15,905

Glaukos

Corp

(2)

1,226,912

Total

Health

Care

Equipment

&

Supplies

5,446,344

Health

Care

Providers

&

Services

-

7.2%

16,511

Encompass

Health

Corp

1,090,221

25,177

HealthEquity

Inc

(2)

1,710,525

44,438

Option

Care

Health

Inc

(2)

1,501,116

33,423

Progyny

Inc

(2)

1,395,745

40,731

Select

Medical

Holdings

Corp

1,222,337

14,333

Tenet

Healthcare

Corp

(2)

1,071,105

Total

Health

Care

Providers

&

Services

7,991,049

Hotel

&

Resort

REITs

-

0.7%

127,258

Summit

Hotel

Properties

Inc

819,541

Total

Hotel

&

Resort

REITs

819,541

Hotels,

Restaurants

&

Leisure

-

2.1%

69,980

Everi

Holdings

Inc

(2)

1,038,503

15,501

Papa

John's

International

Inc

1,281,933

Total

Hotels,

Restaurants

&

Leisure

2,320,436

27

Shares

Description

(1)

Value

Industrial

REITs

-

3.0%

9,643

EastGroup

Properties

Inc

$

1,708,547

45,040

STAG

Industrial

Inc

1,634,952

Total

Industrial

REITs

3,343,499

Insurance

-

1.6%

8,605

Primerica

Inc

1,830,283

Total

Insurance

1,830,283

Interactive

Media

&

Services

-

1.0%

15,542

Ziff

Davis

Inc

(2)

1,127,106

Total

Interactive

Media

&

Services

1,127,106

IT

Services

-

1.4%

18,438

Maximus

Inc

1,544,367

Total

IT

Services

1,544,367

Leisure

Products

-

1.3%

75,497

Topgolf

Callaway

Brands

Corp

(2)

1,507,675

Total

Leisure

Products

1,507,675

Machinery

-

5.0%

12,052

EnPro

Industries

Inc

1,672,576

13,634

ESCO

Technologies

Inc

1,370,899

95,927

Hillman

Solutions

Corp

(2)

943,922

18,236

SPX

Technologies

Inc

(2)

1,542,948

Total

Machinery

5,530,345

Marine

Transportation

-

1.5%

21,044

Kirby

Corp

(2)

1,714,665

Total

Marine

Transportation

1,714,665

Media

-

1.3%

98,625

Magnite

Inc

(2)

1,492,196

Total

Media

1,492,196

Metals

&

Mining

-

0.9%

52,420

Lithium

Americas

Corp

(2)

1,057,836

Total

Metals

&

Mining

1,057,836

Mortgage

Real

Estate

Investment

Trusts

(REITs)

-

1.0%

99,506

Ladder

Capital

Corp

1,093,571

Total

Mortgage

Real

Estate

Investment

Trusts

(REITs)

1,093,571

Multi-Utilities

-

1.5%

27,574

Black

Hills

Corp

1,663,539

Total

Multi-Utilities

1,663,539

Oil,

Gas

&

Consumable

Fuels

-

6.9%

37,344

Matador

Resources

Co

2,077,447

65,205

Northern

Oil

and

Gas

Inc

2,567,120

40,466

Peabody

Energy

Corp

908,057

183,682

Permian

Resources

Corp

2,147,242

Total

Oil,

Gas

&

Consumable

Fuels

7,699,866

Personal

Care

Products

-

1.9%

60,382

BellRing

Brands

Inc

(2)

2,170,733

Total

Personal

Care

Products

2,170,733

Nuveen

Small

Cap

Select

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

28

Shares

Description

(1)

Value

Pharmaceuticals

-

1.4%

9,151

Intra-Cellular

Therapies

Inc

(2)

$

565,898

7,164

Prestige

Consumer

Healthcare

Inc

(2)

467,164

14,761

Ventyx

Biosciences

Inc

(2)

546,895

Total

Pharmaceuticals

1,579,957

Professional

Services

-

2.3%

13,907

ASGN

Inc

(2)

1,061,382

12,792

ICF

International

Inc

1,504,211

Total

Professional

Services

2,565,593

Semiconductors

&

Semiconductor

Equipment

-

2.4%

37,661

Ichor

Holdings

Ltd

(2)

1,458,234

7,819

Silicon

Laboratories

Inc

(2)

1,166,126

Total

Semiconductors

&

Semiconductor

Equipment

2,624,360

Software

-

7.4%

20,781

CommVault

Systems

Inc

(2)

1,619,463

7,129

CyberArk

Software

Ltd

(2)

1,183,485

72,447

PowerSchool

Holdings

Inc,

Class

A

(2)

1,751,044

22,420

Q2

Holdings

Inc

(2)

795,238

25,313

Sprout

Social

Inc,

Class

A

(2)

1,446,385

13,451

Workiva

Inc

(2)

1,416,256

Total

Software

8,211,871

Specialty

Retail

-

1.6%

30,148

Academy

Sports

&

Outdoors

Inc

1,802,549

Total

Specialty

Retail

1,802,549

Technology

Hardware,

Storage

&

Peripherals

-

1.1%

3,669

Super

Micro

Computer

Inc

(2)

1,211,761

Total

Technology

Hardware,

Storage

&

Peripherals

1,211,761

Textiles,

Apparel

&

Luxury

Goods

-

1.2%

39,833

Steven

Madden

Ltd

1,329,626

Total

Textiles,

Apparel

&

Luxury

Goods

1,329,626

Trading

Companies

&

Distributors

-

1.3%

9,964

Applied

Industrial

Technologies

Inc

1,444,680

Total

Trading

Companies

&

Distributors

1,444,680

Total

Common

Stocks

(cost

$85,949,448)

109,148,380

29

Part

F

of

Form

N-PORT

was

prepared

in

accordance

with

U.S.

generally

accepted

accounting

principles

(“U.S.

GAAP”)

and

in

conformity

with

the

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission

(“SEC”)

related

to

interim

filings.

Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report

pursuant

to

the

rules

of

the

SEC.

For

a

full

set

of

the

Fund’s

notes

to

financial

statements,

please

refer

to

the

Fund’s

most

recently

filed

annual

or

semi-annual

report.

Fair

Value

Measurements

The

Fund’s

investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Board

of

Directors/

Trustees.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

which

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management’s

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels.

Level

1

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

2

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

3

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management’s

assumptions

in

determining

the

fair

value

of

investments).

The

following

table

summarizes

the

market

value

of

the

Fund's

investments

as

of

the

end

of

the

reporting

period,

based

on

the

inputs

used

to

value

them:

Shares

Description

(1)

Value

X

–

EXCHANGE-TRADED

FUNDS

-

1

.3

%

X

1,502,132

17,821

SPDR

S&P

Biotech

ETF

(3)

$

1,502,132

Total

Exchange-Traded

Funds

(cost

$1,435,205)

1,502,132

Total

Long-Term

Investments

(cost

$87,384,653)

110,650,512

Shares

Description

(1)

Coupon

Value

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

  1.4%

1,514,478

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

(4)

5.340%(5)

$

1,514,478

Total

Investments

Purchased

with

Collateral

from

Securities

Lending

(cost

$1,514,478)

1,514,478

Principal

Amount

(000)

Description

(1)

Coupon

Maturity

Value

SHORT-TERM

INVESTMENTS

-

 1.2%  

–

REPURCHASE

AGREEMENTS

-

1

.2

%

X

1,340,000

$

1,340

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

7/31/23,

repurchase

price

$1,340,196,

collateralized

$1,453,500,

U.S.

Treasury

Bond

3.75%,

due

11/15/43,

value

$1,366,850

5.260%

8/01/23

$

1,340,000

Total

Repurchase

Agreements

(cost

$1,340,000)

1,340,000

Total

Short-Term

Investments

(cost

$1,340,000)

1,340,000

Total

Investments

(cost

$

90,239,131

)

-

101

.8

%

113,504,990

Other

Assets

&

Liabilities,

Net

-  (1.8)%

(

1,999,878

)

Net

Assets

-

100%

$

111,505,112

Nuveen

Small

Cap

Select

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

30

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

109,148,380

$

–

$

–

$

109,148,380

Exchange-Traded

Funds

1,502,132

–

–

1,502,132

Investments

Purchased

with

Collateral

from

Securities

Lending

1,514,478

–

–

1,514,478

Short-Term

Investments:

Repurchase

Agreements

–

1,340,000

–

1,340,000

Total

$

112,164,990

$

1,340,000

$

–

$

113,504,990

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)

Investment,

or

a

portion

of

investment,

is

out

on

loan

for

securities

lending.

The

total

value

of

the

securities

out

on

loan

as

of

the

end

of

the

reporting

period

was

$1,487,044.

(4)

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.

(5)

The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

ETF

Exchange-Traded

Fund

REIT

Real

Estate

Investment

Trust

S&P

Standard

&

Poor's

SPDR

Standard

&

Poor's

Depositary

Receipt

31

Nuveen

Small

Cap

Value

Fund

Portfolio

of

Investments

July

31,

2023

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

99.1%   

X

–

COMMON

STOCKS

-

99

.1

%

X

524,504,756

Aerospace

&

Defense

-

1.3%

142,987

Parsons

Corp

(2)

$

7,066,418

Total

Aerospace

&

Defense

7,066,418

Automobile

Components

-

1.2%

326,460

Dana

Inc

6,196,211

Total

Automobile

Components

6,196,211

Banks

-

13.7%

157,116

Ameris

Bancorp

6,858,113

157,685

Banner

Corp

7,507,383

169,560

Cathay

General

Bancorp

6,450,062

266,394

ConnectOne

Bancorp

Inc

5,453,085

160,798

Eastern

Bankshares

Inc

2,270,468

213,337

First

Interstate

BancSystem

Inc,

Class

A

6,129,172

226,083

First

Merchants

Corp

7,261,786

172,862

Heartland

Financial

USA

Inc

5,936,081

352,682

OceanFirst

Financial

Corp

6,570,466

74,390

Pinnacle

Financial

Partners

Inc

5,646,201

100,931

Preferred

Bank/Los

Angeles

CA

6,669,521

66,412

Wintrust

Financial

Corp

5,602,516

Total

Banks

72,354,854

Beverages

-

1.2%

440,693

Primo

Water

Corp

6,244,620

Total

Beverages

6,244,620

Biotechnology

-

2.9%

187,990

Alkermes

PLC

(2)

5,504,347

308,050

Exelixis

Inc

(2)

6,071,665

14,826

United

Therapeutics

Corp

(2)

3,598,567

Total

Biotechnology

15,174,579

Broadline

Retail

-

1.2%

85,677

Ollie's

Bargain

Outlet

Holdings

Inc

(2)

6,244,140

Total

Broadline

Retail

6,244,140

Building

Products

-

1.2%

335,516

Resideo

Technologies

Inc

(2)

6,280,860

Total

Building

Products

6,280,860

Capital

Markets

-

2.6%

47,642

Piper

Sandler

Cos

6,972,883

108,022

Stifel

Financial

Corp

6,863,718

Total

Capital

Markets

13,836,601

Chemicals

-

3.5%

96,087

Avient

Corp

3,894,406

702,151

Ecovyst

Inc

(2)

8,629,436

99,037

Minerals

Technologies

Inc

6,075,920

Total

Chemicals

18,599,762

Nuveen

Small

Cap

Value

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

32

Shares

Description

(1)

Value

Commercial

Services

&

Supplies

-

2.2%

295,223

Deluxe

Corp

$

5,606,285

162,934

SP

Plus

Corp

(2)

6,264,812

Total

Commercial

Services

&

Supplies

11,871,097

Communications

Equipment

-

1.0%

354,779

Harmonic

Inc

(2),(3)

5,293,303

Total

Communications

Equipment

5,293,303

Construction

&

Engineering

-

1.6%

39,190

EMCOR

Group

Inc

8,427,418

Total

Construction

&

Engineering

8,427,418

Construction

Materials

-

0.9%

134,484

Summit

Materials

Inc,

Class

A

(2)

4,865,631

Total

Construction

Materials

4,865,631

Consumer

Finance

-

1.3%

147,856

OneMain

Holdings

Inc

6,724,491

Total

Consumer

Finance

6,724,491

Diversified

Consumer

Services

-

0.5%

69,107

Stride

Inc

(2)

2,640,578

Total

Diversified

Consumer

Services

2,640,578

Electric

Utilities

-

1.3%

84,639

Otter

Tail

Corp

6,856,605

Total

Electric

Utilities

6,856,605

Electrical

Equipment

-

1.8%

182,064

nVent

Electric

PLC

9,627,544

Total

Electrical

Equipment

9,627,544

Electronic

Equipment,

Instruments

&

Components

-

1.8%

110,788

Avnet

Inc

5,373,218

299,350

TTM

Technologies

Inc

(2)

4,298,666

Total

Electronic

Equipment,

Instruments

&

Components

9,671,884

Energy

Equipment

&

Services

-

2.6%

281,440

ChampionX

Corp

10,019,263

237,358

Diamond

Offshore

Drilling

Inc

(2)

3,757,377

Total

Energy

Equipment

&

Services

13,776,640

Equity

Real

Estate

Investment

Trusts

(REITs)

-

5.7%

124,328

EPR

Properties

5,550,002

545,764

Global

Medical

REIT

Inc

5,403,064

734,664

LXP

Industrial

Trust

7,398,066

534,577

RPT

Realty

5,810,852

164,066

STAG

Industrial

Inc

5,955,596

Total

Equity

Real

Estate

Investment

Trusts

(REITs)

30,117,580

Financial

Services

-

1.5%

296,263

Radian

Group

Inc

7,978,363

Total

Financial

Services

7,978,363

Food

Products

-

0.8%

166,096

Hostess

Brands

Inc

(2)

3,992,948

Total

Food

Products

3,992,948

33

Shares

Description

(1)

Value

Gas

Utilities

-

1.9%

67,055

ONE

Gas

Inc

$

5,306,062

77,121

Spire

Inc

4,902,582

Total

Gas

Utilities

10,208,644

Ground

Transportation

-

1.4%

242,228

Schneider

National

Inc,

Class

B

7,463,045

Total

Ground

Transportation

7,463,045

Health

Care

Equipment

&

Supplies

-

1.0%

84,342

Enovis

Corp

(2)

5,389,454

Total

Health

Care

Equipment

&

Supplies

5,389,454

Health

Care

Providers

&

Services

-

3.7%

94,316

Acadia

Healthcare

Co

Inc

(2)

7,453,793

57,300

Encompass

Health

Corp

3,783,519

250,652

Option

Care

Health

Inc

(2)

8,467,025

Total

Health

Care

Providers

&

Services

19,704,337

Hotel

&

Resort

REITs

-

1.0%

335,275

Apple

Hospitality

REIT

Inc

5,196,762

Total

Hotel

&

Resort

REITs

5,196,762

Hotels,

Restaurants

&

Leisure

-

2.3%

88,080

Dine

Brands

Global

Inc

5,312,985

55,264

Marriott

Vacations

Worldwide

Corp

7,101,977

Total

Hotels,

Restaurants

&

Leisure

12,414,962

Household

Durables

-

2.2%

225,969

La-Z-Boy

Inc

7,088,648

42,916

M/I

Homes

Inc

(2)

4,291,600

Total

Household

Durables

11,380,248

Insurance

-

2.4%

298,775

James

River

Group

Holdings

Ltd

5,524,350

33,258

Primerica

Inc

7,073,976

Total

Insurance

12,598,326

Interactive

Media

&

Services

-

0.8%

57,058

Ziff

Davis

Inc

(2)

4,137,846

Total

Interactive

Media

&

Services

4,137,846

IT

Services

-

1.1%

70,095

Maximus

Inc

5,871,157

Total

IT

Services

5,871,157

Leisure

Products

-

1.8%

30,244

Brunswick

Corp/DE

2,610,359

358,610

Topgolf

Callaway

Brands

Corp

(2)

7,161,442

Total

Leisure

Products

9,771,801

Machinery

-

2.6%

90,005

Crane

NXT

Co

5,323,796

166,117

Hillenbrand

Inc

8,628,117

Total

Machinery

13,951,913

Media

-

0.8%

275,987

Magnite

Inc

(2)

4,175,683

Total

Media

4,175,683

Nuveen

Small

Cap

Value

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

34

Shares

Description

(1)

Value

Metals

&

Mining

-

1.4%

127,753

Commercial

Metals

Co

$

7,310,027

Total

Metals

&

Mining

7,310,027

Mortgage

Real

Estate

Investment

Trusts

(REITs)

-

1.5%

716,219

Ladder

Capital

Corp

7,871,247

Total

Mortgage

Real

Estate

Investment

Trusts

(REITs)

7,871,247

Multi-Utilities

-

1.4%

120,792

Black

Hills

Corp

7,287,381

Total

Multi-Utilities

7,287,381

Oil,

Gas

&

Consumable

Fuels

-

7.5%

468,116

CNX

Resources

Corp

(2)

9,549,566

232,700

Excelerate

Energy

Inc,

Class

A

4,937,894

288,053

Magnolia

Oil

&

Gas

Corp,

Class

A

6,380,374

230,850

Northern

Oil

and

Gas

Inc

9,088,565

840,281

Permian

Resources

Corp

9,822,885

Total

Oil,

Gas

&

Consumable

Fuels

39,779,284

Pharmaceuticals

-

1.1%

87,186

Prestige

Consumer

Healthcare

Inc

(2)

5,685,399

Total

Pharmaceuticals

5,685,399

Professional

Services

-

1.4%

141,455

Korn

Ferry

7,451,849

Total

Professional

Services

7,451,849

Real

Estate

Management

&

Development

-

1.4%

454,265

Kennedy-Wilson

Holdings

Inc

7,495,373

Total

Real

Estate

Management

&

Development

7,495,373

Residential

REITs

-

1.0%

81,557

Centerspace

5,067,136

Total

Residential

REITs

5,067,136

Semiconductors

&

Semiconductor

Equipment

-

1.0%

188,299

Veeco

Instruments

Inc

(2)

5,302,500

Total

Semiconductors

&

Semiconductor

Equipment

5,302,500

Software

-

2.8%

245,409

Cerence

Inc

(2)

6,824,824

217,442

Verint

Systems

Inc

(2)

8,125,808

Total

Software

14,950,632

Specialty

Retail

-

1.2%

24,354

Group

1

Automotive

Inc

6,296,240

Total

Specialty

Retail

6,296,240

Technology

Hardware,

Storage

&

Peripherals

-

1.0%

305,786

Stratasys

Ltd

(2)

5,543,900

Total

Technology

Hardware,

Storage

&

Peripherals

5,543,900

35

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

Trading

Companies

&

Distributors

-

1.6%

47,602

WESCO

International

Inc

$

8,357,483

Total

Trading

Companies

&

Distributors

8,357,483

Total

Common

Stocks

(cost

$428,097,096)

524,504,756

Total

Long-Term

Investments

(cost

$428,097,096)

524,504,756

Shares

Description

(1)

Coupon

Value

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

  0.1%

408,298

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

(4)

5.340%(5)

$

408,298

Total

Investments

Purchased

with

Collateral

from

Securities

Lending

(cost

$408,298)

408,298

Principal

Amount

(000)

Description

(1)

Coupon

Maturity

Value

SHORT-TERM

INVESTMENTS

-

 0.9%  

X

–

REPURCHASE

AGREEMENTS

-

0

.9

%

X

5,125,044

$

155

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

7/31/23,

repurchase

price

$155,051,

collateralized

$172,100,

U.S.

Treasury

Note

2.625%,

due

7/31/29,

value

$158,231

1.600%

8/01/23

$

155,044

4,970

Repurchase

Agreement

with

Fixed

Income

Clearing

Corporation,

dated

7/31/23,

repurchase

price

$4,970,726,

collateralized

$5,390,800,

U.S.

Treasury

Bond

3.75%,

due

11/15/43,

value

$5,069,430

5.260%

8/01/23

4,970,000

Total

Repurchase

Agreements

(cost

$5,125,044)

5,125,044

Total

Short-Term

Investments

(cost

$5,125,044)

5,125,044

Total

Investments

(cost

$

433,630,438

)

-

100

.1

%

530,038,098

Other

Assets

&

Liabilities,

Net

-  (0.1)%

(

783,630

)

Net

Assets

-

100%

$

529,254,468

Nuveen

Small

Cap

Value

Fund

(continued)

Portfolio

of

Investments

July

31,

2023

(Unaudited)

36

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

524,504,756

$

–

$

–

$

524,504,756

Investments

Purchased

with

Collateral

from

Securities

Lending

408,298

–

–

408,298

Short-Term

Investments:

Repurchase

Agreements

–

5,125,044

–

5,125,044

Total

$

524,913,054

$

5,125,044

$

–

$

530,038,098

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)

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

$383,131.

(4)

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.

(5)

The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

REIT

Real

Estate

Investment

Trust