0001752724-21-086625.txt : 20210428 0001752724-21-086625.hdr.sgml : 20210428 20210427192106 ACCESSION NUMBER: 0001752724-21-086625 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210228 FILED AS OF DATE: 20210428 PERIOD START: 20210531 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUVEEN MULTISTATE TRUST IV CENTRAL INDEX KEY: 0001018973 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-07751 FILM NUMBER: 21860877 BUSINESS ADDRESS: STREET 1: C/O JOHN NUVEEN & CO INC STREET 2: 333 WEST WACKER DRIVE 32ND FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129178200 MAIL ADDRESS: STREET 1: JOHN NUVEEN & CO INC STREET 2: 333 WEST WACKER DRIVE 32ND FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: NUVEEN FLAGSHIP MULTISTATE TRUST IV DATE OF NAME CHANGE: 19960716 0001018973 S000000598 Nuveen Michigan Municipal Bond Fund C000001672 Nuveen Michigan Municipal Bond Fund - Class A FMITX C000001674 Nuveen Michigan Municipal Bond Fund - Class C2 FLMCX C000001675 Nuveen Michigan Municipal Bond Fund - Class I NMMIX C000137707 Class C FAFNX NPORT-P 1 primary_doc.xml NPORT-P false 0001018973 XXXXXXXX S000000598 C000001672 C000137707 C000001675 C000001674 Nuveen Multistate Trust IV 811-07751 0001018973 549300X88GJN1SEFP710 333 W. 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Revenue Bonds, Refunding Series 2016 N/A Ferris State University, Michigan, General Revenue Bonds, Refunding Series 2016 315361LA1 2000000.00000000 PA USD 2347520.00000000 0.709416314847 Long DBT MUN US N 2 2041-10-01 Fixed 5.00000000 N N N N N N Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2019-I N/A Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2019-I 594615HA7 1000000.00000000 PA USD 1140710.00000000 0.344720506964 Long DBT MUN US N 2 2054-04-15 Fixed 4.00000000 N N N N N N Monroe County Economic Development Corporation, Michigan, Collateralized Limited Obligation Revenue Refunding Bonds, Detroit Edison Company, Series 19 N/A Monroe County Economic Development Corporation, Michigan, Collateralized Limited Obligation Revenue Refunding Bonds, Detroit Edison Company, Series 19 610647BL2 1000000.00000000 PA USD 1099270.00000000 0.332197413620 Long DBT MUN US N 2 2022-09-01 Fixed 6.95000000 N N N N N N Michigan Finance Authority, Hospital Revenue Bonds, Crittenton Hospital Medical Center, Refunding Series 2012A 54930022O46HOX5J1D14 Michigan Finance Authority, Hospital Revenue Bonds, Crittenton Hospital Medical Center, Refunding Series 2012A 59447PSU6 3000000.00000000 PA USD 3180060.00000000 0.961008402992 Long DBT MUN US N 2 2039-06-01 Fixed 5.00000000 N N N N N N Grand Rapids, Michigan, Sanitary Sewer System Revenue Bonds, Series 2018 N/A Grand Rapids, Michigan, Sanitary Sewer System Revenue Bonds, Series 2018 386289MA7 1655000.00000000 PA USD 1975937.60000000 0.597124782988 Long DBT MUN US N 2 2048-01-01 Fixed 5.00000000 N N N N N N Marquette, Michigan, General Obligation Bonds, Refunding & Limited Obligation Series 2017 N/A Marquette, Michigan, General Obligation Bonds, Refunding & Limited Obligation Series 2017 571494MU4 215000.00000000 PA USD 248727.05000000 0.075164866418 Long DBT MUN US N 2 2032-05-01 Fixed 4.00000000 N N N N N N Grand Valley State University, Michigan, General Revenue Bonds, Refunding Series 2014B 5493004492FRREYG5M95 Grand Valley State University, Michigan, General Revenue Bonds, Refunding Series 2014B 386545JN8 350000.00000000 PA USD 393603.00000000 0.118946117508 Long DBT MUN US N 2 2028-12-01 Fixed 5.00000000 N N N N N N Oakland University, Michigan, General Revenue Bonds, Series 2019 549300O12XLW6O082V10 Oakland University, Michigan, General Revenue Bonds, Series 2019 673588JD2 4990000.00000000 PA USD 5836852.90000000 1.763886431052 Long DBT MUN US N 2 2050-03-01 Fixed 5.00000000 N N N N N N Cadillac Area Public Schools, Wexford, Osceola and Lake Counties, Michigan, General Obligaiton Bonds, Refunding & School Building & Site Series 2019 N/A Cadillac Area Public Schools, Wexford, Osceola and Lake Counties, Michigan, General Obligaiton Bonds, Refunding & School Building & Site Series 2019 127433KL3 1310000.00000000 PA USD 1612675.50000000 0.487347630799 Long DBT MUN US N 2 2043-05-01 Fixed 5.00000000 N N N N N N University of Michigan, General Revenue Bonds, Refunding Series 2017A N/A University of Michigan, General Revenue Bonds, Refunding Series 2017A 914455QV5 1000000.00000000 PA USD 1221520.00000000 0.369141143382 Long DBT MUN US N 2 2034-04-01 Fixed 5.00000000 N N N N N N 2021-02-28 Nuveen Multistate Trust IV E. Scott Wickerham E. Scott Wickerham Funds Treasurer XXXX NPORT-EX 2 Multistate_Trust_IV.htm
Nuveen Kansas Municipal Bond Fund
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 97.4%        
    MUNICIPAL BONDS – 96.6%        
    Consumer Staples  – 6.2%        
$7,080   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1, 3.000%, 6/01/48   6/30 at 100.00 BBB+ $7,182,943
1,000   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2, 5.000%, 6/01/55   6/30 at 100.00 N/R 1,125,990
1,535   Children's Trust Fund, Puerto Rico, Tobacco Settlement Asset-Backed Bonds, Refunding Series 2002, 5.500%, 5/15/39   3/21 at 100.00 Ba1 1,572,669
500   Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2017A-1, 5.000%, 6/01/29   6/27 at 100.00 BBB 608,670
1,005   Guam Economic Development & Commerce Authority, Tobacco Settlement Asset-Backed Bonds, Series 2007A, 5.250%, 6/01/32   3/21 at 100.00 N/R 1,005,352
1,500   Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C, 5.500%, 6/01/42   3/21 at 100.00 B- 1,521,195
750   Iowa Tobacco Settlement Authority, Tobacco Asset-Backed Revenue Bonds, Series 2005B, 5.600%, 6/01/34   3/21 at 100.00 B- 760,597
830   New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds, Series 2016A-1, 5.625%, 6/01/35   No Opt. Call BBB 898,467
625   New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds, Turbo Term Series 2016A Including 2016A-1, 2016A-2A and 2016A-2B, 5.000%, 6/01/51   6/26 at 100.00 N/R 658,513
320   Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B, 5.000%, 6/01/46   6/28 at 100.00 BB+ 369,734
2,510   TSASC Inc, New York, Tobacco Asset-Backed Bonds, Series 2006, 5.000%, 6/01/48   6/27 at 100.00 N/R 2,701,990
17,655   Total Consumer Staples       18,406,120
    Education and Civic Organizations – 5.4%        
    Kansas City Kansas Community College, Wyandotte County, Kansas, Auxiliary Enterprise System Revenue Bonds, Series 2021:        
3,000   4.000%, 9/01/47   9/30 at 100.00 A 3,353,610
2,000   4.000%, 9/01/52   9/30 at 100.00 A 2,226,720
1,655   Kansas Development Finance Authority, Revenue Bonds, Kansas State University Housing Project, Series 2014D-2, 4.000%, 4/01/33   4/22 at 100.00 Aa3 1,708,672
    Kansas Development Finance Authority, Revenue Bonds, Kansas State University Projects, Refunding Series 2016A:        
1,000   4.000%, 3/01/22   No Opt. Call Aa3 1,037,840
250   4.000%, 3/01/27   3/24 at 100.00 Aa3 272,660
      1

Nuveen Kansas Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
    Kansas Development Finance Authority, Revenue Bonds, Wichita State University Union Corporation Student Housing Project, Series 2013F-1:        
$1,690   5.250%, 6/01/38   6/21 at 100.00 Aa3 $1,704,280
2,000   5.250%, 6/01/42   6/21 at 100.00 Aa3 2,015,620
1,000   Topeka, Kansas, Economic Development Revenue Bonds, YMCA Project, Refunding Series 2011A, 6.500%, 9/01/32 (4)   9/21 at 100.00 N/R 310,000
3,135   Washburn University of Topeka, Kansas, Revenue Bonds, Series 2015A, 5.000%, 7/01/35   7/25 at 100.00 A1 3,494,365
15,730   Total Education and Civic Organizations       16,123,767
    Financials – 0.5%        
1,020   Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds, Series 2005, 5.250%, 10/01/35   No Opt. Call A2 1,429,316
    Health Care – 7.1%        
385   Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 5.000%, 8/01/39   8/29 at 100.00 BBB+ 472,530
    Hutchinson, Kansas, Hospital Facilities Revenue Bonds, Hutchinson Regional Medical Center, Inc, Series 2016:        
1,075   5.000%, 12/01/36   12/26 at 100.00 Ba1 1,184,080
400   5.000%, 12/01/41   12/26 at 100.00 Ba1 434,024
875   Illinois Finance Authority, Revenue Bonds, Ascension Health/fkaPresence Health Network, Series 2016C, 5.000%, 2/15/36   2/27 at 100.00 AA+ 1,046,010
2,000   Kansas Development Finance Authority, Health Facilities Revenue Bonds, Stormont-Vail Health Care Inc, Series 2013J, 5.000%, 11/15/38   11/22 at 100.00 A2 2,098,480
    Lawrence, Kansas, Hospital Revenue Bonds, Lawrence Memorial Hospital, Series 2018A:        
305   5.000%, 7/01/43   7/28 at 100.00 A 360,641
5,000   5.000%, 7/01/48   7/28 at 100.00 A 5,873,100
3,000   Manhattan, Kansas, Hospital Revenue Bonds, Mercy Regional Health Center, Inc, Refunding Series 2013, 5.000%, 11/15/29   11/22 at 100.00 AA- 3,174,540
2,000   University of Kansas Hospital Authority, Health Facilities Revenue Bonds, KU Health System, Refunding & Improvement Series 2015, 5.000%, 9/01/45   9/25 at 100.00 AA- 2,268,340
    University of Kansas Hospital Authority, Health Facilities Revenue Bonds, University of Kansas Health System, Series 2019B:        
2,205   4.000%, 3/01/37   3/30 at 100.00 AA- 2,575,815
1,490   4.000%, 3/01/38   3/30 at 100.00 AA- 1,735,194
18,735   Total Health Care       21,222,754
    Industrials – 1.3%        
425   Indiana Finance Authority, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Refunding Series 2010, 6.000%, 12/01/26   3/21 at 100.00 B- 426,215
1,415   Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Alcoa Inc Project, Series 2012, 4.750%, 8/01/42   8/22 at 100.00 BBB- 1,465,940
1,000   Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2013, 5.250%, 12/01/25   12/23 at 100.00 BB- 1,098,540
2      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Industrials (continued)        
$205   Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2018A, 5.250%, 12/01/50 (Mandatory Put 12/01/33)   12/22 at 103.00 BB- $223,555
435   New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 1 Series 2014, 5.000%, 11/15/44, 144A   11/24 at 100.00 N/R 473,215
3,480   Total Industrials       3,687,465
    Long-Term Care – 3.1%        
2,500   Kansas Development Finance Authority Revenue Bonds, Village Shalom Project, Series 2018A, 5.250%, 11/15/53   11/23 at 103.75 N/R 2,450,025
3,125   Kansas Development Finance Authority, Revenue Bonds, Lifespace Communities, Inc, Refunding Series 2010S, 5.000%, 5/15/30   3/21 at 100.00 BBB 3,132,844
2,715   Wichita, Kansas, Health Care Facilities Revenue Bonds, Presbyterian Manors, Series 2013IV-A, 6.375%, 5/15/43   5/23 at 100.00 N/R 2,879,502
665   Wichita, Kansas, Health Care Facilities Revenue Bonds, Presbyterian Manors, Series 2014IV-A, 5.625%, 5/15/44   5/24 at 100.00 N/R 700,823
9,005   Total Long-Term Care       9,163,194
    Tax Obligation/General – 20.5%        
    Allen County Unified School District 257 Iola, Kansas, General Obligation Bonds, School Building Series 2019A:        
1,120   4.000%, 9/01/33  –  BAM Insured   9/28 at 100.00 AA 1,299,861
1,150   4.000%, 9/01/34  –  BAM Insured   9/28 at 100.00 AA 1,329,780
1,000   Butler County Unified School District 490, Kansas, General Obligation Bonds, Refunding Series 2016A, 4.000%, 9/01/35  –  BAM Insured   9/26 at 100.00 AA 1,145,810
2,000   Johnson County Unified School District 229, Blue Valley, Kansas, General Obligation Bonds, School Series 2020A, 3.000%, 10/01/28   No Opt. Call Aaa 2,295,420
2,250   Johnson County Unified School District 229, Blue Valley, Kansas, General Obligation Bonds, Series 2012A, 5.000%, 10/01/23  –  NPFG Insured   10/22 at 100.00 Aaa 2,419,852
2,000   Johnson County Unified School District 231 Gardner Edgerton, Kansas, General Obligation Bonds, Refunding & Improvement Series 2012A, 5.000%, 10/01/23   10/22 at 100.00 AA- 2,148,340
2,200   Johnson County Unified School District 231 Gardner Edgerton, Kansas, General Obligation Bonds, Refunding & Improvement Series 2013A, 5.000%, 10/01/28   10/23 at 100.00 AA- 2,452,384
1,490   Johnson County Unified School District 231 Gardner Edgerton, Kansas, General Obligation Bonds, Refunding & Improvement Series 2016A, 5.000%, 10/01/33   10/25 at 100.00 AA- 1,750,080
1,250   Johnson County Unified School District 512, Shawnee Mission, Kansas, General Obligation Bonds, Refunding & Improvement Series 2015A, 5.000%, 10/01/34   10/25 at 100.00 Aaa 1,480,850
500   Johnson County, Kansas, General Obligation Bonds, General Improvement Series 2016A, 5.000%, 9/01/24   No Opt. Call AAA 579,225
5,000   Johnson County, Kansas, General Obligation Bonds, Internal Improvement Series 2018A, 4.000%, 9/01/34   9/27 at 100.00 AAA 5,796,350
620   Johnson/Miami County Unified School District 230 Spring Hill, Kansas, General Obligation Bonds, Refunding Series 2016, 5.000%, 9/01/26   No Opt. Call A1 760,300
3,000   Johnson/Miami County Unified School District 230 Spring Hill, Kansas, General Obligation Bonds, Series 2011A, 5.250%, 9/01/28   9/21 at 100.00 A1 3,073,740
      3

Nuveen Kansas Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$1,000   Johnson/Miami County Unified School District 230 Spring Hill, Kansas, General Obligation Bonds, Series 2018A, 5.000%, 9/01/34   9/27 at 100.00 A1 $1,229,480
    Leavenworth County Unified School District 453, Kansas, General Obligation Bonds, Series 2018A:        
365   4.000%, 9/01/37   9/26 at 100.00 Aa3 404,573
2,155   4.000%, 9/01/38   9/26 at 100.00 Aa3 2,383,883
1,000   Leavenworth County Unified School District 464, Tonganoxie, Kansas, General Obligation Bonds, Refunding & Improvement Series 2019A, 4.000%, 9/01/45   9/27 at 100.00 A1 1,118,380
2,575   Lyon County Unified School District 253 Emporia, Kansas, General Obligation Bonds, Series 2019, 4.000%, 9/01/48   9/27 at 100.00 A1 2,826,217
2,345   Puerto Rico, General Obligation Bonds, Refunding Public Improvement Series 2011A, 5.500%, 7/01/27  –  AGM Insured   7/21 at 100.00 AA 2,401,866
4,715   Puerto Rico, General Obligation Bonds, Refunding Public Improvement Series 2012A, 5.000%, 7/01/35  –  AGM Insured   7/22 at 100.00 AA 4,944,951
    Reno County, Kansas, General Obligation Bonds, Refunding & Improvement Series 2021:        
205   3.000%, 9/01/31   9/28 at 100.00 Aa3 225,441
200   3.000%, 9/01/34   9/28 at 100.00 Aa3 217,866
1,130   Riley County Unified School District 383, Manhattan-Ogen, Kansas, General Obligation Bonds, Refunding Series 2016, 4.000%, 9/01/29   9/26 at 100.00 Aa2 1,309,071
500   Sedgwick County Unified School District 259, Wichita, Kansas, General Obligation Bonds, Refunding Series 2017A, 3.000%, 10/01/22   No Opt. Call Aa2 522,325
465   Sedgwick County Unified School District 262, Kansas, General Obligation Bonds, Refunding Series 2017, 4.000%, 9/01/30  –  BAM Insured   9/26 at 100.00 AA 537,949
    Sedgwick County Unified School District 266 Maize, Harvey County, Kansas, General Obligation Bonds, Series 2019A:        
1,325   4.000%, 9/01/30   9/27 at 100.00 AA 1,558,478
1,650   4.000%, 9/01/31   9/27 at 100.00 AA 1,936,324
500   4.000%, 9/01/32   9/27 at 100.00 AA 585,550
    Wichita, Kansas, General Obligation Bonds, Airport Series 2015C:        
2,000   5.000%, 12/01/39 (AMT)   12/25 at 100.00 AA+ 2,332,080
500   4.250%, 12/01/44 (AMT)   12/25 at 100.00 AA+ 547,915
    Wyandotte County Unified School District 203, Piper, Kansas, General Obligation Bonds, Improvement Series 2018A:        
1,240   5.000%, 9/01/39   9/28 at 100.00 AA- 1,515,441
1,000   5.000%, 9/01/40   9/28 at 100.00 AA- 1,220,210
1,000   4.000%, 9/01/48   9/28 at 100.00 AA- 1,120,770
1,000   Wyandotte County Unified School District 500, Kansas, General Obligation Bonds, Improvement Series 2016A, 4.125%, 9/01/37   9/26 at 100.00 AA- 1,128,270
200   Wyandotte County/Kansas City Unified Government, Kansas, General Obligation Bonds, Improvement Series 2015A, 3.000%, 8/01/28   8/24 at 100.00 AA 212,114
4      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Wyandotte County/Kansas City Unified Government, Kansas, General Obligation Bonds, Improvement Series 2020A:        
$1,515   3.000%, 8/01/30  –  BAM Insured   8/28 at 100.00 AA $1,685,180
2,395   3.000%, 8/01/31  –  BAM Insured   8/28 at 100.00 AA 2,651,768
54,560   Total Tax Obligation/General       61,148,094
    Tax Obligation/Limited – 24.8%        
    Dodge City, Kansas, Sales Tax Revenue Bonds, Refunding Series 2016:        
500   5.000%, 6/01/28  –  AGM Insured   6/27 at 100.00 AA 616,235
1,380   5.000%, 6/01/29  –  AGM Insured   6/27 at 100.00 AA 1,691,383
2,295   5.000%, 6/01/30  –  AGM Insured   6/27 at 100.00 AA 2,800,084
1,320   5.000%, 6/01/31  –  AGM Insured   6/27 at 100.00 AA 1,601,820
    Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D:        
1,000   5.000%, 11/15/34   11/25 at 100.00 BB 1,118,620
2,000   5.000%, 11/15/39   11/25 at 100.00 BB 2,217,340
250   4.000%, 11/15/39   11/25 at 100.00 BB 260,730
    Government of Guam, Business Privilege Tax Bonds, Series 2011A:        
1,000   5.000%, 1/01/23   1/22 at 100.00 BB 1,033,490
500   5.000%, 1/01/31   1/22 at 100.00 BB 512,880
875   5.125%, 1/01/42   1/22 at 100.00 BB 894,950
1,910   Government of Guam, Business Privilege Tax Bonds, Series 2012B-1, 5.000%, 1/01/42   1/22 at 100.00 BB 1,950,798
990   Government of Guam, Hotel Occupancy Tax Revenue Bonds, Series 2011A, 6.500%, 11/01/40   5/21 at 100.00 BB 996,831
    Guam Government, Limited Obligation Section 30 Revenue Bonds, Series 2016A:        
1,000   5.000%, 12/01/24   No Opt. Call BB 1,132,420
2,000   5.000%, 12/01/25   No Opt. Call BB 2,312,580
1,000   5.000%, 12/01/30   12/26 at 100.00 BB 1,150,830
1,000   5.000%, 12/01/32   12/26 at 100.00 BB 1,143,090
2,275   5.000%, 12/01/33   12/26 at 100.00 BB 2,592,908
4,250   5.000%, 12/01/46   12/26 at 100.00 BB 4,727,317
2,630   Johnson County Community College, Kansas, Certificates of Participation, Series 2017, 4.000%, 10/01/28   10/26 at 100.00 Aa1 3,044,199
3,295   Kansas Department of Transportation, Highway Revenue Bonds, Refunding Series 2015A, 5.000%, 9/01/21   No Opt. Call AA 3,374,904
5,000   Kansas Department of Transportation, Highway Revenue Bonds, Series 2014A, 5.000%, 9/01/27   9/24 at 100.00 AA 5,745,950
    Kansas Department of Transportation, Highway Revenue Bonds, Series 2015B:        
1,000   5.000%, 9/01/29   9/25 at 100.00 AA 1,181,870
1,500   5.000%, 9/01/35   9/25 at 100.00 AA 1,764,855
2,240   Kansas Department of Transportation, Highway Revenue Bonds, Series 2017A, 5.000%, 9/01/33   9/27 at 100.00 AA 2,758,090
      5

Nuveen Kansas Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Kansas Development Finance Authority, Kansas, Sales Tax Revenue Bonds, K-State Olathe Innovation Campus Inc, Series 2019H-1:        
$1,170   4.000%, 9/01/30   9/27 at 100.00 Aa2 $1,365,016
1,265   4.000%, 9/01/32   9/27 at 100.00 Aa2 1,459,241
1,350   3.000%, 9/01/34   9/27 at 100.00 Aa2 1,425,559
7,735   Overland Park Development Corporation, Kansas, Revenue Bonds, Convention Center Hotel, Refunding & improvement Series 2019, 5.000%, 3/01/44   3/29 at 100.00 BB- 7,849,942
1,425   Overland Park Transportation Development District, Kansas, Sales Tax Revenue Bonds, Oak Park Mall Project, Series 2010, 5.900%, 4/01/32   3/21 at 100.00 BBB 1,425,427
    Overland Park, Kansas, Sales Tax Revenue Bonds, Prairiefire Community Improvement District No 1 Project, Series 2012B:        
200   0.000%, 12/15/29 (4)   12/22 at 100.00 N/R 100,000
200   0.000%, 12/15/34 (4)   12/22 at 100.00 N/R 100,000
2,775   Overland Park, Kansas, Sales Tax Special Obligation Revenue Bonds, Prairiefire at Lionsgate Project, Series 2012, 6.000%, 12/15/32   12/22 at 100.00 N/R 1,537,183
    Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N:        
410   2.295%, 7/01/27   No Opt. Call C 393,887
295   5.250%, 7/01/32  –  NPFG Insured   No Opt. Call Baa2 331,373
430   5.250%, 7/01/33  –  NPFG Insured   No Opt. Call Baa2 485,036
1,000   5.250%, 7/01/36  –  AGC Insured   No Opt. Call AA 1,241,180
1,000   Puerto Rico Infrastructure Financing Authority, Special Tax Revenue Bonds, Refunding Series 2005C, 5.500%, 7/01/27  –  AMBAC Insured   No Opt. Call C 1,112,470
2,000   Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2012A, 5.000%, 10/01/32  –  AGM Insured   10/22 at 100.00 AA 2,109,080
1,800   Wyandotte County/Kansas City Unified Government, Kansas, Community Improvement District Sales Tax Revenue Bonds, Legends Appartments Garage & West Lawn Project, Series 2018, 4.500%, 6/01/40   12/26 at 100.00 N/R 1,850,364
    Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Bonds, Kansas International Speedway Corporation Project, Refunding Series 2014:        
1,370   5.000%, 12/01/25   12/24 at 100.00 A 1,577,048
1,260   5.000%, 12/01/26   12/24 at 100.00 A 1,447,085
1,175   Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Bonds, Vacation Village Project Area 1 and 2A, Series 2015, 5.750%, 9/01/32   9/25 at 100.00 N/R 1,174,213
495   Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Revenue Bonds, Kansas International Speedway Corporation, Series 1999, 0.000%, 12/01/27  –  MBIA Insured   No Opt. Call N/R 396,975
68,565   Total Tax Obligation/Limited       74,005,253
    Transportation – 7.2%        
1,120   Colorado High Performance Transportation Enterprise, C-470 Express Lanes Revenue Bonds, Senior Lien Series 2017, 5.000%, 12/31/51   12/24 at 100.00 BBB 1,254,624
6      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Transportation (continued)        
    Guam International Airport Authority, Revenue Bonds, Series 2013C:        
$1,950   6.250%, 10/01/34 (AMT)   10/23 at 100.00 Baa2 $2,089,737
500   6.375%, 10/01/43 (AMT)   10/23 at 100.00 Baa2 534,000
1,330   Guam International Airport Authority, Revenue Bonds, Series 2019A, 5.000%, 10/01/22 (AMT)   No Opt. Call Baa2 1,390,834
1,000   Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines Inc Terminal Improvement Project, Refunding Series 2015B-1, 5.000%, 7/15/30 (AMT)   7/25 at 100.00 B 1,105,410
2,000   Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Airport Improvement Projects, Series 2018C, 5.000%, 7/15/28 (AMT)   No Opt. Call B 2,362,500
    Kansas State Turnpike Authority, Turnpike Revenue Bonds, Refunding Series 2019A:        
1,000   5.000%, 9/01/30   9/29 at 100.00 Aa2 1,309,400
1,100   5.000%, 9/01/38   9/29 at 100.00 Aa2 1,389,762
1,000   Kansas State Turnpike Authority, Turnpike Revenue Bonds, Refunding Series 2020A, 3.000%, 9/01/26   No Opt. Call Aa2 1,126,360
100   Maryland Economic Development Corporation, Private Activity Revenue Bonds AP, Purple Line Light Rail Project, Green Bonds, Series 2016D, 5.000%, 3/31/46 (AMT)   9/26 at 100.00 BB- 111,967
1,515   New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A, 5.000%, 7/01/46 (AMT)   7/24 at 100.00 BBB 1,686,680
    New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc John F Kennedy International Airport Project, Refunding Series 2016:        
1,705   5.000%, 8/01/26 (AMT)   8/21 at 100.00 B+ 1,734,803
2,155   5.000%, 8/01/31 (AMT)   8/21 at 100.00 B+ 2,190,773
2,000   Virginia Small Business Financing Authority, Private Activity Revenue Bonds, Transform 66 P3 Project, Senior Lien Series 2017, 5.000%, 12/31/56 (AMT)   6/27 at 100.00 BBB 2,302,260
945   Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River Crossing, Opco LLC Project, Series 2012, 5.250%, 1/01/32 (AMT)   7/22 at 100.00 BBB 989,680
19,420   Total Transportation       21,578,790
    U.S. Guaranteed – 8.2% (5)        
2,000   Allen County, Kansas Public Building Commission Revenue Bonds, Allen County Hospital Project, Series 2012, 5.150%, 12/01/36 (Pre-refunded 12/01/22)   12/22 at 100.00 A 2,172,220
    Anderson County, Kansas, General Obligation Bonds, Refunding and Improvent Series 2013A:        
935   5.000%, 8/01/33 (Pre-refunded 8/01/23)  –  AGM Insured   8/23 at 100.00 AA 1,039,654
565   5.000%, 8/01/33 (Pre-refunded 8/01/23)  –  AGM Insured   8/23 at 100.00 AA 628,964
1,500   Coffeyville, Kansas, Electric Utility System Revenue Bonds, Series 2015B, 5.000%, 6/01/42 (Pre-refunded 6/01/25), 144A   6/25 at 100.00 Baa2 1,753,635
    Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2013:        
500   5.250%, 7/01/33 (Pre-refunded 7/01/23)   7/23 at 100.00 A- 557,060
2,000   5.500%, 7/01/43 (Pre-refunded 7/01/23)   7/23 at 100.00 A- 2,239,840
      7

Nuveen Kansas Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (5) (continued)        
$2,000   Sedgwick County Unified School District 260, Kansas, General Obligation Bonds, Refunding & School Building Series 2018B, 5.000%, 10/01/40 (Pre-refunded 10/01/26)   10/26 at 100.00 Aa3 $2,478,520
1,000   Sedgwick County Unified School District 260, Kansas, General Obligation Bonds, Refunding & School Improvement Series 2012, 5.000%, 10/01/30 (Pre-refunded 10/01/22)   10/22 at 100.00 AA- 1,076,700
4,000   Wichita, Kansas, Hospital Facilities Revenue Refunding and Improvement Bonds, Via Christi Health System Inc, Series 2011A-IV, 5.000%, 11/15/29 (Pre-refunded 11/15/21)   11/21 at 100.00 N/R 4,134,200
2,000   Wichita, Kansas, Water and Sewer Utility Revenue Bonds, Refunding Series 2011A, 5.000%, 10/01/28 (Pre-refunded 10/01/21)   10/21 at 100.00 AA- 2,054,840
2,000   Wyandotte County/Kansas City Unified Government, Kansas, Utility System Revenue Bonds, Improvement Series 2012B, 5.000%, 9/01/37 (Pre-refunded 9/01/22)   9/22 at 100.00 A 2,143,760
1,535   Wyandotte County-Kansas City Unified Government, Kansas, Utility System Revenue Bonds, Refunding & Improvement Series 2011A, 5.000%, 9/01/28 (Pre-refunded 9/01/21)   9/21 at 100.00 A 1,571,840
2,500   Wyandotte County-Kansas City Unified Government, Kansas, Utility System Revenue Bonds, Refunding Series 2012A, 5.000%, 9/01/32 (Pre-refunded 9/01/22)   9/22 at 100.00 A 2,679,700
22,535   Total U.S. Guaranteed       24,530,933
    Utilities – 12.3%        
1,255   Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.500%, 4/01/41 (4)   No Opt. Call N/R 1,569
130   California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, Poseidon Resources Channelside LP Desalination Project, Series 2012, 5.000%, 11/21/45 (AMT), 144A   7/22 at 100.00 BBB 137,820
600   Chisholm Creek Utility Authority, Kansas, Water and Wastewater Facilities Revenue Bonds, Bel Aire & Park Cities, Kansas Project, Refunding Series 2017, 5.000%, 9/01/27  –  AGM Insured   No Opt. Call AA 743,958
100   Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Refunding Series 2014A, 5.000%, 7/01/35   7/24 at 100.00 A- 109,586
1,750   Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2013, 5.000%, 7/01/28   7/23 at 100.00 A- 1,896,265
    Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2016:        
370   5.000%, 7/01/36   7/26 at 100.00 A- 421,848
2,580   5.000%, 1/01/46   7/26 at 100.00 A- 2,890,348
    Guam Power Authority, Revenue Bonds, Refunding Series 2017A:        
2,650   5.000%, 10/01/33   10/27 at 100.00 BBB 3,087,462
3,750   5.000%, 10/01/40   10/27 at 100.00 BBB 4,297,125
1,375   Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/30  –  AGM Insured   10/22 at 100.00 AA 1,460,332
    Guam Power Authority, Revenue Bonds, Series 2014A:        
1,000   5.000%, 10/01/32   10/24 at 100.00 AA 1,120,630
1,000   5.000%, 10/01/33   10/24 at 100.00 AA 1,118,460
8      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
    Kansas Municipal Energy Agency, Power Project Revenue Bonds, Dogwood Project, Series 2018A:        
$1,000   5.000%, 4/01/33  –  BAM Insured   4/26 at 100.00 AA $1,181,600
1,000   5.000%, 4/01/34  –  BAM Insured   4/26 at 100.00 AA 1,179,710
1,000   5.000%, 4/01/35  –  BAM Insured   4/26 at 100.00 AA 1,177,200
1,500   Kansas Municipal Energy Agency, Power Project Revenue Bonds, Jameson Energy Center Project, Series 2013, 5.750%, 7/01/38   7/23 at 100.00 A- 1,658,340
    Kansas State Power Pool, Electric Utility Revenue Bonds, Dogwood Energy Facility, Series 2012A:        
1,395   5.000%, 12/01/22   No Opt. Call A3 1,504,940
1,265   5.000%, 12/01/23   12/22 at 100.00 A3 1,362,342
1,000   Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (4)   No Opt. Call N/R 1,250
515   Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2005A, 3.750%, 12/01/40 (4)   No Opt. Call N/R 644
480   Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2005RR, 5.000%, 7/01/28  –  AGC Insured   3/21 at 100.00 AA 496,181
    Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2007VV:        
2,480   5.250%, 7/01/27  –  AGM Insured   No Opt. Call AA 2,923,300
1,065   5.250%, 7/01/31  –  AGM Insured   No Opt. Call AA 1,300,301
    Salina, Kansas, Water and Sewer System Revenue Bonds, Refunding Series 2019A:        
475   3.000%, 10/01/28   10/26 at 100.00 Aa3 519,565
355   3.000%, 10/01/29   10/26 at 100.00 Aa3 385,814
780   3.000%, 10/01/30   10/26 at 100.00 Aa3 843,242
580   3.000%, 10/01/31   10/26 at 100.00 Aa3 622,531
1,595   Virgin Islands Water and Power Authority, Electric System Revenue Bonds, Series 2007B, 5.000%, 7/01/31   3/21 at 100.00 CCC 1,481,627
200   Wichita, Kansas, Water and Sewer Utility Revenue Bonds, Series 2017A, 5.000%, 10/01/22   No Opt. Call AA- 215,142
2,250   Wyandotte County-Kansas City Unified Government, Kansas, Utility System Revenue Bonds, Improvement Series 2016A, 5.000%, 9/01/40   9/25 at 100.00 A 2,582,595
35,495   Total Utilities       36,721,727
$266,200   Total Municipal Bonds (cost $277,081,140)       288,017,413
    
      9

Nuveen Kansas Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Shares   Description (1)       Value
    COMMON STOCKS – 0.8%        
    Electric Utilities – 0.8%        
89,726   Energy Harbor Corp, (6), (7), (8)       $2,523,544
    Total Common Stocks (cost $2,547,413)       2,523,544
    Total Long-Term Investments (cost $279,628,553)       290,540,957
    Other Assets Less Liabilities – 2.6%       7,692,314
    Net Assets – 100%       $298,233,271
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:        
Municipal Bonds $ — $288,017,413 $ — $288,017,413
Common Stocks  — 2,523,544  — 2,523,544
Total $ — $290,540,957 $ — $290,540,957
10      

(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) 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.  
(4) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
(6) Common Stock received as part of the bankruptcy settlement for Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, First Energy Nuclear Generation Project, Series 2006A, 3.500%, 4/01/41, Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 and Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2005A, 3.750%, 12/01/40.  
(7) For fair value measurement disclosure purposes, investment classified as Level 2.  
(8) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
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.  
AMT Alternative Minimum Tax  
      11

Nuveen Kentucky Municipal Bond Fund
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 103.3%        
    MUNICIPAL BONDS – 103.3%        
    Education and Civic Organizations – 15.4%        
$155   Campbellsville, Kentucky, Industrial Building Revenue Bonds, Campbellsville University Project, Series 2017, 5.000%, 3/01/39   3/27 at 100.00 N/R $159,444
1,060   Eastern Kentucky University, General Receipts Bonds, Series 2017A, 5.000%, 4/01/26   No Opt. Call A1 1,275,021
    Kentucky Bond Development Corporation, Educational Facilities Revenue Bonds, City of Stamping Ground, Transylvania University Project, Refunding Series 2021A:        
1,040   4.000%, 3/01/46   3/30 at 100.00 A- 1,133,226
705   4.000%, 3/01/49   3/30 at 100.00 A- 766,145
    Kentucky Economic Development Finance Authority, Revenue Bonds, Next Generation Kentucky Information Highway Project, Senior Series 2015A:        
2,000   5.000%, 7/01/33   7/25 at 100.00 BBB+ 2,248,360
6,250   5.000%, 1/01/45   7/25 at 100.00 BBB+ 6,886,500
    Kentucky Higher Education Student Loan Corporation, Student Loan Revenue Bonds, Senior Series 2014A:        
900   5.000%, 6/01/22 (AMT)   No Opt. Call A 949,131
700   5.000%, 6/01/23 (AMT)   No Opt. Call A 765,646
400   5.000%, 6/01/24 (AMT)   No Opt. Call A 450,336
    Kentucky Higher Education Student Loan Corporation, Student Loan Revenue Bonds, Series 2019A:        
1,000   5.000%, 6/01/28 (AMT)   No Opt. Call A 1,191,420
700   5.000%, 6/01/29 (AMT)   No Opt. Call A 837,998
    Louisville-Jefferson County Metro Government, Kentucky, Revenue Bonds, Bellarmine University Inc Project, Refunding & Improvement Series 2015:        
1,790   5.000%, 5/01/31   5/25 at 100.00 Baa3 1,923,946
1,210   5.000%, 5/01/40   5/25 at 100.00 Baa3 1,277,845
    Murray State University, Kentucky, General Receipts Bonds, Series 2015A:        
1,125   5.000%, 3/01/26   3/25 at 100.00 A1 1,307,362
1,075   5.000%, 3/01/27   3/25 at 100.00 A1 1,245,516
4,000   University of Kentucky, General Receipts Bonds, Refunding Series 2015B, 5.000%, 10/01/27   4/25 at 100.00 AA 4,643,800
4,535   University of Kentucky, General Receipts Bonds, Refunding Series 2018A, 4.000%, 10/01/32   4/26 at 100.00 AA 5,067,545
2,000   University of Kentucky, General Receipts Bonds, Series 2015A, 5.000%, 4/01/29   4/25 at 100.00 AA 2,301,400
250   University of Kentucky, General Receipts Bonds, Series 2016A, 5.000%, 4/01/32   4/25 at 100.00 AA 284,882
2,005   University of Louisville, Kentucky, Revenue Bonds, General Reciepts Series 2011A, 5.000%, 9/01/26   9/21 at 100.00 A+ 2,048,529
12      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
$1,910   University of Louisville, Kentucky, Revenue Bonds, General Reciepts Series 2012A, 5.000%, 9/01/25   9/21 at 100.00 A+ $1,951,466
    University of Louisville, Kentucky, Revenue Bonds, General Reciepts Series 2016D:        
1,155   5.000%, 3/01/31   9/26 at 100.00 A+ 1,379,751
3,450   5.000%, 3/01/32   9/26 at 100.00 A+ 4,107,018
    University of Louisville, Kentucky, Revenue Bonds, General Reciepts Series 2020A:        
1,365   4.000%, 9/01/30  –  AGM Insured   9/28 at 100.00 AA 1,582,499
1,420   4.000%, 9/01/31  –  AGM Insured   9/28 at 100.00 AA 1,637,729
2,500   University of Louisville, Kentucky, Revenue Bonds, Refunding General Reciepts Series 2016C, 4.000%, 9/01/28   3/26 at 100.00 A+ 2,817,300
    Western Kentucky University, General Receipts Revenue Bonds, Refunding Series 2016A:        
2,690   5.000%, 9/01/25   No Opt. Call A1 3,182,216
2,820   5.000%, 9/01/26   9/25 at 100.00 A1 3,320,832
50,210   Total Education and Civic Organizations       56,742,863
    Health Care – 13.7%        
10,295   Ashland, Kentucky, Medical Center Revenue Bonds, Ashland Hospital Corporation d/b/a King's Daughters Medical Center Project, Refunding Series 2019, 3.000%, 2/01/40  –  AGM Insured   2/30 at 100.00 AA 10,612,704
    Glasgow, Kentucky, Healthcare Revenue Bonds, TJ Samson Community Hospital Project, Series 2011:        
100   5.350%, 2/01/24   8/21 at 100.00 BBB 101,641
2,000   6.375%, 2/01/35   8/21 at 100.00 BBB 2,035,240
3,310   6.450%, 2/01/41   8/21 at 100.00 BBB 3,365,608
8,000   Kentucky Bond Development Corporation, Hospital Revenue Bonds, Saint Elizabeth Medical Center, Inc, Refunding Series 2016, 5.000%, 5/01/39   5/26 at 100.00 AA 9,330,960
3,000   Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Baptist Healthcare System Obligated Group, Series 2017B, 5.000%, 8/15/41   8/27 at 100.00 A2 3,539,400
500   Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Owensboro Health, Refunding Series 2017A, 5.250%, 6/01/41   6/27 at 100.00 Baa3 554,190
6,385   Kentucky Economic Development Finance Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-1, 5.000%, 8/01/44   8/29 at 100.00 BBB+ 7,733,576
    Kentucky Economic Development Finance Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-2:        
100   5.000%, 8/01/37   8/29 at 100.00 BBB+ 123,477
100   5.000%, 8/01/38   8/29 at 100.00 BBB+ 123,041
2,500   5.000%, 8/01/44   8/29 at 100.00 BBB+ 3,028,025
2,000   Murray, Kentucky, Hospital Facilities Revenue Bonds, Murray-Calloway County Public Hospital Corporation Project, Refunding Series 2016, 5.000%, 8/01/37   8/26 at 100.00 Ba2 2,210,080
      13

Nuveen Kentucky Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Warren County, Kentucky, Hospital Revenue Bonds, Bowling Green-Warren County Community Hospital Corporation, Refunding Series 2021A:        
$900   5.000%, 4/01/23   No Opt. Call AA- $986,022
600   5.000%, 4/01/24   No Opt. Call AA- 681,522
600   5.000%, 4/01/25   No Opt. Call AA- 703,260
500   5.000%, 4/01/26   No Opt. Call AA- 601,980
500   5.000%, 4/01/27   No Opt. Call AA- 617,755
    Warren County, Kentucky, Hospital Revenue Bonds, Bowling Green-Warren County Community Hospital Corporation, Series 2012A:        
1,980   5.000%, 10/01/33   10/22 at 100.00 A+ 2,095,711
2,000   5.000%, 10/01/37   10/22 at 100.00 A+ 2,110,960
45,370   Total Health Care       50,555,152
    Housing/Multifamily – 0.3%        
1,020   Kentucky Housing Corporation, Conduit Multifamily Mortgage Revenue Bonds, Florence Homes III Apartments Project, Series 2005B, 5.000%, 6/01/35 (AMT) (Mandatory Put 6/01/23)   4/21 at 100.00 N/R 1,021,968
    Housing/Single Family – 0.1%        
415   Kentucky Housing Corporation, Housing Revenue Bonds, Series 2011B, 3.100%, 7/01/22   7/21 at 100.00 AAA 418,967
    Tax Obligation/Limited – 29.9%        
    Barren County School District Finance Corporation, Kentucky, School Building Revenue Bonds, Series 2015:        
1,250   5.000%, 8/01/24   No Opt. Call A1 1,438,350
1,760   5.000%, 8/01/25   2/25 at 100.00 A1 2,037,130
1,560   Jefferson County School District Finance Corporation, Kentucky, School Building Revenue Bonds, Series 2020A, 5.000%, 6/01/28   No Opt. Call AA- 1,980,857
1,135   Kentucky Bond Development Corporation, Tax Increment Revenue Bonds, Summit Lexington Project, Series 2016A, 4.400%, 10/01/24   No Opt. Call N/R 1,137,009
    Kentucky Bond Development Corporation, Transient Room Tax Revenue Bonds, Lexington Center Corporation Project, Series 2018A:        
8,500   5.000%, 9/01/43   9/28 at 100.00 A2 10,015,720
10,400   5.000%, 9/01/48   9/28 at 100.00 A2 12,135,760
    Kentucky Bond Development Corporation, Transient Room Tax Revenue Bonds, Lexington Center Corporation Project, Subordinate Series 2018B:        
1,050   5.000%, 9/01/24   No Opt. Call A3 1,200,612
1,435   5.000%, 9/01/25   No Opt. Call A3 1,690,617
1,485   5.000%, 9/01/26   No Opt. Call A3 1,796,998
555   5.000%, 9/01/28   No Opt. Call A3 700,604
14      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Kentucky Economic Development Finance Authority, Louisville Arena Project Revenue Bonds, Louisville Arena Authority, Inc, Series 2017A:        
$13,650   4.000%, 12/01/41  –  AGM Insured (UB) (4)   12/27 at 100.00 AA $15,439,242
4,100   5.000%, 12/01/45  –  AGM Insured   12/27 at 100.00 AA 4,950,545
4,985   Kentucky State Property and Buildings Commission, Revenue Bonds, Project 112, Refunding Series 2016B, 5.000%, 11/01/24   No Opt. Call A1 5,739,081
    Kentucky State Property and Buildings Commission, Revenue Bonds, Project 115, Series 2017:        
7,000   5.000%, 4/01/32 (UB) (4)   4/27 at 100.00 A1 8,349,250
6,000   5.000%, 4/01/38   4/27 at 100.00 A1 7,068,420
2,500   Kentucky State Property and Buildings Commission, Revenue Bonds, Project 119, Series 2018, 5.000%, 5/01/30   5/28 at 100.00 A1 3,063,125
    Kentucky Turnpike Authority, Economic Development Road Revenue Bonds, Revitalization Project, Refunding Series 2012A:        
1,250   5.000%, 7/01/30   7/22 at 100.00 Aa3 1,323,025
6,740   5.000%, 7/01/31   7/22 at 100.00 Aa3 7,132,807
5,000   Kentucky Turnpike Authority, Economic Development Road Revenue Bonds, Revitalization Project, Refunding Series 2017B, 5.000%, 7/01/28 (UB) (4)   7/27 at 100.00 Aa3 6,109,000
    Kentucky Turnpike Authority, Economic Development Road Revenue Bonds, Revitalization Project, Series 2017A:        
1,930   5.000%, 7/01/33 (UB) (4)   7/27 at 100.00 Aa3 2,314,630
550   5.000%, 7/01/36 (UB) (4)   7/27 at 100.00 Aa3 654,880
500   5.000%, 7/01/37 (UB) (4)   7/27 at 100.00 Aa3 593,795
3,000   Lexington-Fayette Urban County Government Public Facilities Corporation, Kentucky State Lease Revenue Bonds, Eastern State Hospital Project, Series 2011A, 5.250%, 6/01/29   6/21 at 100.00 A1 3,028,050
1,000   Newport, Kentucky, Special Obligation Revenue Bonds, Newport Clifton Project, Series 2020B, 5.500%, 12/01/60   12/30 at 100.00 N/R 998,300
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
6,739   4.500%, 7/01/34   7/25 at 100.00 N/R 7,355,012
89   4.550%, 7/01/40   7/28 at 100.00 N/R 97,014
1,370   Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured Cofina Project Series 2019A-2A, 4.550%, 7/01/40   7/28 at 100.00 N/R 1,493,369
95,533   Total Tax Obligation/Limited       109,843,202
    Transportation – 9.3%        
    Kenton County Airport Board, Kentucky, Airport Revenue Bonds, Cincinnati/Northern Kentucky International Airport, Series 2016:        
1,635   5.000%, 1/01/25   No Opt. Call A1 1,893,968
1,855   5.000%, 1/01/30   1/26 at 100.00 A1 2,161,984
1,750   5.000%, 1/01/31   1/26 at 100.00 A1 2,032,782
2,730   5.000%, 1/01/33   1/26 at 100.00 A1 3,152,877
      15

Nuveen Kentucky Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Transportation (continued)        
$4,320   Kenton County Airport Board, Kentucky, Airport Revenue Bonds, Cincinnati/Northern Kentucky International Airport, Series 2019, 5.000%, 1/01/49   1/29 at 100.00 A1 $5,142,571
    Kentucky Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds, Downtown Crossing Project, Capital Appreciation Series 2013B:        
2,000   0.000%, 7/01/23   No Opt. Call Baa3 1,916,200
700   0.000%, 7/01/32   7/28 at 76.98 Baa3 441,686
1,000   Kentucky Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds, Downtown Crossing Project, Convertible Capital Appreciation Series 2013C, 0.000%, 7/01/39 (5)   7/31 at 100.00 Baa3 1,166,180
    Kentucky Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds, Downtown Crossing Project, Series 2013A:        
250   5.750%, 7/01/49   7/23 at 100.00 Baa3 274,178
11,500   6.000%, 7/01/53   7/23 at 100.00 Baa3 12,666,675
    Louisville Regional Airport Authority, Kentucky, Airport System Revenue Bonds, Refunding Series 2014A:        
1,555   5.000%, 7/01/31 (AMT)   7/24 at 100.00 A+ 1,751,754
1,500   5.000%, 7/01/32 (AMT)   7/24 at 100.00 A+ 1,685,610
30,795   Total Transportation       34,286,465
    U.S. Guaranteed – 13.1% (6)        
    Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Baptist Healthcare System Obligated Group, Series 2011:        
3,500   5.000%, 8/15/42 (Pre-refunded 8/15/21)   8/21 at 100.00 N/R 3,575,670
3,645   5.250%, 8/15/46 (Pre-refunded 8/15/21)   8/21 at 100.00 N/R 3,727,924
    Kentucky Economic Development Finance Authority, Louisville Arena Project Revenue Bonds, Louisville Arena Authority, Inc, Series 2008-A2:        
3,520   0.000%, 12/01/22  –  AGC Insured (ETM)   No Opt. Call A3 3,499,162
3,750   0.000%, 12/01/23  –  AGC Insured (ETM)   No Opt. Call A3 3,702,975
10,000   Kentucky Economic Development Finance Authority, Revenue Bonds, Catholic Health Initiatives, Series 2013A, 5.250%, 1/01/45 (Pre-refunded 1/01/23)   1/23 at 100.00 BBB+ 10,902,900
2,750   Kentucky Infrastructure Authority, Wastewater and Drinking Water Revolving Fund Revenue Bonds, Series 2012A, 5.000%, 2/01/30 (Pre-refunded 2/01/22)   2/22 at 100.00 AAA 2,871,248
500   Kentucky Turnpike Authority, Economic Development Road Revenue Bonds, Revitalization Project, Refunding Series 2012A, 5.000%, 7/01/24 (Pre-refunded 7/01/22)   7/22 at 100.00 Aa3 532,010
    Lexington-Fayette Urban County Government, Kentucky, General Airport Revenue Refunding Bonds, Series 2012B:        
1,215   5.000%, 7/01/29 (Pre-refunded 7/01/22) (AMT)   7/22 at 100.00 AA 1,291,946
1,100   5.000%, 7/01/31 (Pre-refunded 7/01/22) (AMT)   7/22 at 100.00 AA 1,169,663
1,000   5.000%, 7/01/38 (Pre-refunded 7/01/22)   7/22 at 100.00 AA 1,064,720
3,320   Louisville/Jefferson County Metro Government, Kentucky, Revenue Bonds, Catholic Health Initiatives, Series 2012A, 5.000%, 12/01/26 (Pre-refunded 6/01/22)   6/22 at 100.00 BBB+ 3,517,108
8,000   Russell, Kentucky, Revenue Bonds, Bon Secours Health System, Series 2013, 5.000%, 11/01/26 (Pre-refunded 11/01/22)   11/22 at 100.00 N/R 8,623,600
16      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (6) (continued)        
$3,250   Warren County, Kentucky, Hospital Revenue Bonds, Bowling Green-Warren County Community Hospital Corporation, Refunding Series 2013, 5.000%, 4/01/35 (Pre-refunded 4/01/23)   4/23 at 100.00 A+ $3,568,727
45,550   Total U.S. Guaranteed       48,047,653
    Utilities – 20.4%        
5,705   Bowling Green, Kentucky, Water and Sewer Revenue Bonds, Series 2019, 4.000%, 6/01/49  –  AGM Insured   6/26 at 100.00 AA 6,137,268
2,630   Campbell and Kenton Counties Sanitation District 1, Kentucky, Revenue Bonds, Refunding Series 2020, 5.000%, 8/01/28   No Opt. Call AA 3,368,189
3,375   Carroll County, Kentucky, Environmental Facilities Revenue Bonds, Kentucky Utilities Company Project, Refunding Series 2018A, 3.375%, 2/01/26 (AMT)   12/23 at 100.00 A1 3,620,498
2,525   Kentucky Infrastructure Authority, Wastewater and Drinking Water Revolving Fund Revenue Bonds, Refunding Series 2016A, 5.000%, 2/01/28   2/26 at 100.00 AAA 3,052,094
    Kentucky Infrastructure Authority, Wastewater and Drinking Water Revolving Fund Revenue Bonds, Series 2018A:        
4,265   5.000%, 2/01/30 (UB) (4)   2/28 at 100.00 AAA 5,417,702
5,000   5.000%, 2/01/31 (UB) (4)   2/28 at 100.00 AAA 6,331,600
2,570   Lexington-Fayette Urban County Government, Kentucky, Sewer System Revenue Bonds, Series 2019, 4.000%, 4/01/31   4/29 at 100.00 AA+ 3,066,961
7,500   Louisville and Jefferson County Metropolitan Sewer District, Kentucky, Sewer and Drainage System Revenue Bonds, Refunding Series 2011A, 5.000%, 5/15/28   11/21 at 100.00 AA 7,747,275
3,730   Louisville and Jefferson County Metropolitan Sewer District, Kentucky, Sewer and Drainage System Revenue Bonds, Refunding Series 2018A, 4.000%, 5/15/37   5/28 at 100.00 AA 4,303,450
1,000   Louisville and Jefferson County Metropolitan Sewer District, Kentucky, Sewer and Drainage System Revenue Bonds, Series 2013A, 4.000%, 5/15/36   5/23 at 100.00 AA 1,059,490
    Louisville and Jefferson County Metropolitan Sewer District, Kentucky, Sewer and Drainage System Revenue Bonds, Series 2014A:        
795   5.000%, 5/15/27   11/24 at 100.00 AA 919,243
1,785   4.000%, 5/15/40   11/24 at 100.00 AA 1,923,016
440   Louisville-Jefferson County Metropolitan Government, Kentucky, Environmental Facilities Revenue, Louisville Gas & Electric Company Project, Refunding Series 2007A, 1.650%, 6/01/33 (Mandatory Put 6/01/21)   No Opt. Call A1 441,465
1,000   Louisville-Jefferson County Metropolitan Government, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2003A, 1.850%, 10/01/33 (Mandatory Put 4/01/21)   No Opt. Call A1 1,001,250
    Northern Kentucky Water District, Revenue Bonds, Series 2012:        
2,690   5.000%, 2/01/22   No Opt. Call Aa2 2,805,293
3,495   5.000%, 2/01/26   2/22 at 100.00 Aa2 3,647,766
2,000   Paducah, Kentucky, Electric Plant Board Revenue Bonds, Refunding Series 2016A, 5.000%, 10/01/33  –  AGM Insured   10/26 at 100.00 AA 2,390,700
5   Paducah, Kentucky, Electric Plant Board Revenue Bonds, Series 2009A, 5.250%, 10/01/35  –  AGC Insured   3/21 at 100.00 AA 5,014
      17

Nuveen Kentucky Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
    Princeton Electric Plant Board, Kentucky, Revenue Bonds, Refunding Series 2015:        
$225   5.000%, 11/01/21  –  AGM Insured   No Opt. Call AA $231,624
1,000   5.000%, 11/01/25  –  AGM Insured   5/25 at 100.00 AA 1,145,860
1,100   5.000%, 11/01/34  –  AGM Insured   5/25 at 100.00 AA 1,264,879
1,635   5.000%, 11/01/37  –  AGM Insured   5/25 at 100.00 AA 1,870,129
5,750   Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018A, 4.000%, 4/01/48 (Mandatory Put 4/01/24)   1/24 at 100.37 A2 6,269,283
2,840   Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018B, 4.000%, 1/01/49 (Mandatory Put 1/01/25)   10/24 at 100.24 A1 3,143,908
    Russellville, Kentucky, Electric Plant Board Electric Revenue Bonds, Refunding Series 2015A:        
380   5.000%, 8/01/22  –  BAM Insured   No Opt. Call AA 404,339
405   5.000%, 8/01/24  –  BAM Insured   No Opt. Call AA 462,178
3,180   Trimble County, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2016A, 1.300%, 9/01/44 (AMT) (Mandatory Put 9/01/27)   No Opt. Call A1 3,133,763
67,025   Total Utilities       75,164,237
    Water and Sewer – 1.1%        
    Kentucky Infrastructure Authority, Wastewater and Drinking Water Revolving Fund Program Revenue Bonds, Tender Option Bond Trust 2015-XF2109:        
1,330   18.087%, 2/01/25, 144A (IF) (4)   No Opt. Call AAA 2,263,022
1,070   18.120%, 2/01/26, 144A (IF) (4)   2/25 at 100.00 AAA 1,808,856
2,400   Total Water and Sewer       4,071,878
$338,318   Total Long-Term Investments (cost $355,956,727)       380,152,385
    Floating Rate Obligations – (8.1)%       (29,845,000)
    Other Assets Less Liabilities – 4.8%       17,816,982
    Net Assets – 100%       $368,124,367
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.
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:        
Municipal Bonds $ — $380,152,385 $ — $380,152,385
    
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) 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.  
(4) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions.  
(5) Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period.  
(6) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
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.  
AMT Alternative Minimum Tax  
ETM Escrowed to maturity  
IF Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust.  
UB Underlying bond of an inverse floating rate trust reflected as a financing transaction.  
      19

Nuveen Michigan Municipal Bond Fund
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 102.3%        
    MUNICIPAL BONDS – 102.3%        
    Consumer Staples  – 0.7%        
$1,965   Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2006 Sold Tobacco Receipts Senior Current Interest Series 2020A-2, 5.000%, 6/01/40   12/30 at 100.00 BBB $2,449,156
    Education and Civic Organizations – 21.1%        
1,480   Central Michigan University Board of Trustees, General Revenue Bonds, Refunding Series 2014, 5.000%, 10/01/39   10/24 at 100.00 A+ 1,635,918
    Central Michigan University Board of Trustees, General Revenue Bonds, Refunding Series 2019:        
1,165   5.000%, 10/01/33   10/29 at 100.00 A+ 1,415,370
2,020   5.000%, 10/01/34   10/29 at 100.00 A+ 2,446,381
3,835   Eastern Michigan University, General Revenue Bonds, Series 2018A, 4.000%, 3/01/44  –  AGM Insured   3/28 at 100.00 AA 4,279,285
    Ferris State University, Michigan, General Revenue Bonds, Refunding Series 2016:        
2,695   5.000%, 10/01/34   10/26 at 100.00 A+ 3,193,737
2,000   5.000%, 10/01/41   10/26 at 100.00 A+ 2,347,520
350   Grand Valley State University, Michigan, General Revenue Bonds, Refunding Series 2014B, 5.000%, 12/01/28   12/24 at 100.00 A+ 393,603
    Grand Valley State University, Michigan, General Revenue Bonds, Series 2017:        
250   5.000%, 12/01/30   12/24 at 100.00 A+ 281,062
250   5.000%, 12/01/32   12/24 at 100.00 A+ 279,290
305   Michigan Finance Authority, Public School Academy Limited Obligation Revenue Bonds, Cesar Chavez Academy Project, Refunding Series 2019, 3.250%, 2/01/24   No Opt. Call BB+ 310,868
500   Michigan Finance Authority, Public School Academy Limited Obligation Revenue Bonds, Holly Academy Project, Refunding Series 2011, 7.750%, 10/01/30   10/21 at 100.00 BB+ 513,900
830   Michigan Finance Authority, Public School Academy Revenue Bonds, Detroit Service Learning Academy Project, Refunding Series 2011, 7.000%, 10/01/31   10/21 at 100.00 B 774,772
4,670   Michigan State University, General Revenue Bonds, Series 2015A, 5.000%, 8/15/40   8/25 at 100.00 AA 5,334,588
1,835   Michigan State University, General Revenue Bonds, Taxable Series 2019A, 5.000%, 2/15/48   2/29 at 100.00 AA 2,243,361
1,800   Michigan Technological University, General Revenue Bonds, Refunding Series 2015A, 5.000%, 10/01/45   10/25 at 100.00 A1 2,092,302
    Northern Michigan University, General Revenue Bonds, Series 2018A:        
500   5.000%, 12/01/32   6/28 at 100.00 A1 600,525
400   5.000%, 12/01/34   6/28 at 100.00 A1 477,488
3,250   Oakland University, Michigan, General Revenue Bonds, Series 2016, 5.000%, 3/01/47   3/26 at 100.00 A1 3,621,377
4,990   Oakland University, Michigan, General Revenue Bonds, Series 2019, 5.000%, 3/01/50   3/29 at 100.00 A1 5,836,853
20      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
$515   Saginaw Valley State University, Michigan, General Revenue Bonds, Refunding Series 2016A, 5.000%, 7/01/35   7/26 at 100.00 A1 $616,759
    University of Michigan, General Revenue Bonds, Refunding Series 2017A:        
5,000   4.000%, 4/01/26   No Opt. Call AAA 5,845,150
1,000   5.000%, 4/01/34   4/27 at 100.00 AAA 1,221,520
1,190   5.000%, 4/01/35   4/27 at 100.00 AAA 1,450,753
3,000   5.000%, 4/01/36   4/27 at 100.00 AAA 3,651,510
3,345   5.000%, 4/01/47   4/27 at 100.00 AAA 3,997,108
2,800   5.000%, 4/01/47 (UB) (4)   4/27 at 100.00 AAA 3,345,860
3,000   University of Michigan, General Revenue Bonds, Series 2014A, 5.000%, 4/01/44   4/24 at 100.00 AAA 3,312,240
    University of Michigan, General Revenue Bonds, Series 2015:        
2,275   5.000%, 4/01/40 (UB) (4)   4/26 at 100.00 AAA 2,677,061
800   5.000%, 4/01/46 (UB) (4)   4/26 at 100.00 AAA 932,456
3,090   Wayne State University, Michigan, General Revenue Bonds, Series 2019A, 5.000%, 11/15/36   11/29 at 100.00 Aa3 3,847,050
650   Western Michigan University, General Revenue Bonds, Refunding Series 2015A, 5.000%, 11/15/45   5/25 at 100.00 Aa3 746,447
59,790   Total Education and Civic Organizations       69,722,114
    Health Care – 5.8%        
1,000   Grand Traverse County Hospital Finance Authority, Michigan, Revenue Bonds, Munson Healthcare, Refunding Series 2011A, 5.000%, 7/01/29   7/21 at 100.00 AA 1,011,650
720   Michigan Finance Authority, Hospital Revenue Bonds, Beaumont Health Credit Group, Refunding Series 2015A, 5.000%, 8/01/32   8/24 at 100.00 A+ 809,568
2,335   Michigan Finance Authority, Hospital Revenue Bonds, Henry Ford Health System, Refunding Series 2016, 5.000%, 11/15/41   11/26 at 100.00 A 2,741,360
3,085   Michigan Finance Authority, Hospital Revenue Bonds, Henry Ford Health System, Series 2019A, 4.000%, 11/15/50   11/29 at 100.00 A 3,449,585
1,250   Michigan Finance Authority, Hospital Revenue Bonds, Sparrow Obligated Group, Refunding Series 2015, 5.000%, 11/15/45   5/25 at 100.00 A 1,408,038
2,955   Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2016MI, 5.000%, 12/01/45   6/26 at 100.00 AA- 3,444,259
3,000   Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2019A-MI, 4.000%, 12/01/49   12/29 at 100.00 AA- 3,371,760
    Michigan Finance Authority, Revenue Bonds, Oakwood Obligated Group, Refunding Series 2012:        
1,670   5.000%, 11/01/25   11/22 at 100.00 A+ 1,791,993
1,250   5.000%, 11/01/42   11/22 at 100.00 A+ 1,319,013
17,265   Total Health Care       19,347,226
    Tax Obligation/General – 32.1%        
1,350   Ann Arbor Public School District, Washtenaw County, Michigan, General Obligation Bonds, School Building & Site Series 2015, 5.000%, 5/01/25   No Opt. Call Aa2 1,598,089
      21

Nuveen Michigan Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$3,350   Bloomfield Hills Schools, Oakland County, Michigan, General Obligation Bonds, School Building & Site Series 2020, 4.000%, 5/01/50   5/30 at 100.00 Aa1 $3,861,846
2,590   Byron Center Public Schools, Kent County, Michigan, General Obligation Bonds, School Building & Site Series 2017I, 5.000%, 5/01/47   5/27 at 100.00 AA 3,071,351
3,450   Byron Center Public Schools, Kent County, Michigan, General Obligation Bonds, School Building & Site Series 2020-I, 4.000%, 5/01/50   5/30 at 100.00 AA 3,967,845
1,000   Cadillac Area Public Schools, Wexford, Osceola and Lake Counties, Michigan, General Obligaiton Bonds, Refunding & School Building & Site Series 2018, 5.000%, 5/01/36   5/28 at 100.00 Aa1 1,238,350
    Cadillac Area Public Schools, Wexford, Osceola and Lake Counties, Michigan, General Obligaiton Bonds, Refunding & School Building & Site Series 2019:        
875   5.000%, 5/01/41   5/29 at 100.00 Aa1 1,085,936
1,310   5.000%, 5/01/43   5/29 at 100.00 Aa1 1,612,675
1,515   Caledonia Community Schools, Kent, Allegan and Barry Counties, Michigan, General Obligation Bonds, School Building & Site Series 2014, 5.000%, 5/01/39   5/24 at 100.00 AA 1,706,435
850   Chelsea School District, Washtenaw and Jackson, Michigan, General Obligation Bonds, School Building & Site Series 2020-I, 5.000%, 5/01/39   5/30 at 100.00 AA 1,072,471
250   Detroit City School District, Wayne County, Michigan, Unlimited Tax School Building and Site Improvement Bonds, Series 1998C, 5.250%, 5/01/25  –  BHAC Insured   No Opt. Call AA+ 274,333
1,575   East Lansing School District, Ingham and Clinton Counties, Michigan, General Obligation Bonds, Building & Site Series 2020II, 5.000%, 5/01/44   5/30 at 100.00 AA 1,967,080
2,000   East Lansing School District, Ingham County, Michigan, General Obligation Bonds, School Building & Site Series 2017I, 5.000%, 5/01/39   5/27 at 100.00 AA 2,420,120
1,000   Godfrey-Lee Public School District, Kent County, Michigan, General Obligation Bonds, School Building & Site Series 2021, 4.000%, 5/01/43 (WI/DD, settling 3/10/21)   5/31 at 100.00 AA 1,190,080
    Grand Rapids Public Schools, Kent County, Michigan, General Obligation Bonds, Refunding School Building & Site Series 2016:        
4,325   5.000%, 5/01/29  –  AGM Insured   5/26 at 100.00 AA 5,184,940
2,055   5.000%, 5/01/38  –  AGM Insured   5/26 at 100.00 AA 2,427,263
    Grand Rapids Public Schools, Kent County, Michigan, General Obligation Bonds, School Building & Site Series 2019:        
1,000   5.000%, 11/01/36  –  AGM Insured   5/29 at 100.00 AA 1,264,810
1,750   5.000%, 11/01/37  –  AGM Insured   5/29 at 100.00 AA 2,203,687
1,500   5.000%, 11/01/41  –  AGM Insured   5/29 at 100.00 AA 1,853,265
1,250   5.000%, 11/01/42  –  AGM Insured   5/29 at 100.00 AA 1,536,225
1,060   Homer Community School District, Calhourn, Jackson, Hillsdale and Branch Counties, Michigan, General Obligation Bonds, School Building & Site, Series 2011B, 5.500%, 5/01/41   5/21 at 100.00 AA 1,069,254
3,000   Jackson Public Schools, Jackson County, Michigan, General Obligation Bonds, School Building & Site Series 2018, 5.000%, 5/01/42   5/28 at 100.00 Aa1 3,598,620
1,700   Jenison Public Schools, Ottawa County, Michigan, General Obligation Bonds, School Building & Site Series 2020, 5.000%, 5/01/45   5/30 at 100.00 Aa1 2,164,236
22      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Kalamazoo County, Michigan, General Obligation Bonds, Juvenile Home Facilities Series 2017:        
$500   5.000%, 4/01/26   No Opt. Call AA+ $605,300
500   5.000%, 4/01/31   4/27 at 100.00 AA+ 615,220
    Kent County, Michigan, General Obligation Bonds, Limited Tax Refunding Series 2019:        
500   4.000%, 12/01/29   No Opt. Call AAA 616,385
955   4.000%, 12/01/30   No Opt. Call AAA 1,193,110
1,075   Kent County, Michigan, General Obligation Bonds, Limited Tax Series 2015, 5.000%, 1/01/35   1/25 at 100.00 AAA 1,247,473
    Kent County, Michigan, General Obligation Bonds, Refunding Limited Tax Series 2015:        
1,500   5.000%, 1/01/31   1/25 at 100.00 AAA 1,741,275
2,000   5.000%, 1/01/37   1/25 at 100.00 AAA 2,320,880
1,750   Lakeview School District, Calhoun County, Michigan, General Obligation Bonds, School Building & Site Series 2016, 5.000%, 5/01/42   5/26 at 100.00 AA 2,066,050
185   Lansing Community College, Michigan, General Obligation Bonds, College Building & Site, Series 2017, 5.000%, 5/01/31   11/27 at 100.00 AA 231,496
1,050   Macomb Interceptor Drain Drainage District, Macomb County, Michigan, General Obligation Bonds, Refunding Clintondale Pump Station Improvements Series 2020, 5.000%, 5/01/31   No Opt. Call AA+ 1,408,040
    Marquette, Michigan, General Obligation Bonds, Refunding & Limited Obligation Series 2017:        
230   4.000%, 5/01/25   No Opt. Call AA 260,167
375   4.000%, 5/01/28   5/27 at 100.00 AA 444,926
550   4.000%, 5/01/29   5/27 at 100.00 AA 648,582
265   4.000%, 5/01/31   5/27 at 100.00 AA 308,259
215   4.000%, 5/01/32   5/27 at 100.00 AA 248,727
1,000   Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne Criminal Justice Center Project, Senior Lien Series 2018, 5.000%, 11/01/43   11/28 at 100.00 Aa3 1,218,230
    Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020:        
6,000   4.000%, 11/01/50   11/30 at 100.00 AA 6,859,140
2,500   4.000%, 11/01/55   11/30 at 100.00 AA 2,863,025
1,000   Michigan State, General Obligation Bonds, Environmental Program, Refunding Series 2011A, 5.000%, 12/01/22   12/21 at 100.00 Aa1 1,035,970
1,275   Michigan State, General Obligation Bonds, Environmental Program, Series 2020A, 4.000%, 5/15/38   5/30 at 100.00 Aa1 1,527,272
    Monroe Public Schools, Monroe County, Michigan, General Obligation Bonds, School Building & Site Series 2020I:        
1,495   5.000%, 5/01/41 (UB) (4)   5/30 at 100.00 AA 1,875,911
2,465   5.000%, 5/01/45 (UB) (4)   5/30 at 100.00 AA 3,058,030
      23

Nuveen Michigan Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Muskegon County, Michigan, General Obligation Water Supply System Bonds, Refunding Series 2015:        
$550   5.000%, 11/01/33   11/25 at 100.00 AA $655,215
1,290   5.000%, 11/01/36   11/25 at 100.00 AA 1,527,670
1,175   Novi Community School District, Oakland County, Michigan, General Obligation Bonds, School Building & Site Series 2020-I, 5.000%, 5/01/44   5/30 at 100.00 Aa2 1,467,505
3,120   Rockford Public Schools, Kent County, Michigan, General Obligation Bonds, School Building & Site Series 2019I, 5.000%, 5/01/46   5/29 at 100.00 AA 3,804,466
600   Royal Oak City School District, Oakland County, Michigan, General Obligation Bonds, Refunding Series 2014, 5.000%, 5/01/21   No Opt. Call Aa2 604,764
1,095   Royal Oak, Oakland County, Michigan, General Obligation Bonds, Taxable Limited Tax Series 2018, 5.000%, 4/01/43   4/28 at 100.00 AA+ 1,312,872
1,915   South Haven Public Schools, Van Buren Couty, Michigan, General Obligation Bonds, School Building & Site, Series 2014A, 5.000%, 5/01/41  –  BAM Insured   5/24 at 100.00 AA 2,158,262
3,115   Walled Lake Consolidated School District, Oakland County, Michigan, General Obligation Bonds, School Building & Site Series 2019, 5.000%, 5/01/44   5/29 at 100.00 Aa1 3,922,065
3,500   Walled Lake Consolidated School District, Oakland County, Michigan, General Obligation Bonds, School Building & Site Series 2020, 5.000%, 5/01/50   5/30 at 100.00 Aa1 4,464,740
4,000   West Ottawa Public School District, Ottawa County, Michigan, General Obligation Bonds, School Building & Site Series 2019, 5.000%, 5/01/44   5/29 at 100.00 Aa2 4,865,520
2,625   Williamston Community School District, Michigan, Unlimited Tax General Obligation QSBLF Bonds, Series 1996, 5.500%, 5/01/25  –  NPFG Insured   No Opt. Call Aa2 2,898,604
89,125   Total Tax Obligation/General       106,444,062
    Tax Obligation/Limited – 14.0%        
2,935   Detroit Downtown Development Authority, Michigan, Tax Increment Revenue Bonds, Catalyst Development Project, Series 2018A, 5.000%, 7/01/48  –  AGM Insured   7/24 at 100.00 AA 3,296,122
1,450   Jackson, Jackson County, Michigan, Downtown Development Bonds, Series 2001, 0.000%, 6/01/21  –  AGM Insured   No Opt. Call AA 1,448,318
1,000   Lansing Township Downtown Development Authority, Ingham County, Michigan, Tax Increment Bonds, Series 2013A, 5.950%, 2/01/42   2/24 at 103.00 N/R 1,078,960
4,070   Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Regional Convention Facility Authority Local Project, Series 2014H-1, 5.000%, 10/01/39   10/24 at 100.00 AA- 4,610,455
2,000   Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2015-I, 5.000%, 4/15/38   10/25 at 100.00 Aa2 2,355,560
    Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2016-I:        
1,540   5.000%, 4/15/36   10/26 at 100.00 Aa2 1,852,343
3,450   5.000%, 4/15/41   10/26 at 100.00 Aa2 4,098,152
1,000   5.000%, 10/15/46   10/26 at 100.00 Aa2 1,177,250
24      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2019-I:        
$520   5.000%, 4/15/36   10/29 at 100.00 Aa2 $665,735
1,000   4.000%, 10/15/49   10/29 at 100.00 Aa2 1,144,210
1,000   4.000%, 4/15/54   10/29 at 100.00 Aa2 1,140,710
1,500   Michigan State, Comprehensive Transportation Revenue Bonds, Refunding Series 2015, 5.000%, 11/15/29   11/24 at 100.00 AA+ 1,737,300
9,170   Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020B, 4.000%, 11/15/45 (UB) (4)   11/30 at 100.00 AA+ 10,781,536
685   Michigan State, Trunk Line Fund Bonds, Refunding Series 2015, 5.000%, 11/15/22   No Opt. Call AA+ 741,108
    Michigan State, Trunk Line Fund Bonds, Series 2011:        
1,015   5.000%, 11/15/33   11/21 at 100.00 AA+ 1,048,383
700   5.000%, 11/15/36   11/21 at 100.00 AA+ 722,519
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
5,290   4.500%, 7/01/34   7/25 at 100.00 N/R 5,773,559
1,676   4.550%, 7/01/40   7/28 at 100.00 N/R 1,826,924
750   Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured Cofina Project Series 2019A-2A, 4.550%, 7/01/40   7/28 at 100.00 N/R 817,538
40,751   Total Tax Obligation/Limited       46,316,682
    Transportation – 3.1%        
1,000   Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Airport, Refunding Series 2011A, 5.000%, 12/01/21 (AMT)   No Opt. Call A1 1,035,200
1,250   Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Senior Series 2017A, 5.000%, 12/01/42   12/27 at 100.00 A1 1,484,313
    Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2012A:        
2,000   5.000%, 12/01/37   12/22 at 100.00 A1 2,147,780
1,000   5.000%, 12/01/42  –  AGM Insured   12/22 at 100.00 AA 1,072,260
1,700   Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2014C, 5.000%, 12/01/44 (AMT)   12/24 at 100.00 A1 1,915,798
2,000   Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2018A, 5.000%, 12/01/36   12/28 at 100.00 A1 2,439,760
8,950   Total Transportation       10,095,111
    U.S. Guaranteed – 6.4% (5)        
690   Ann Arbor Public School District, Washtenaw County, Michigan, General Obligation Bonds, Refunding Series 2012, 5.000%, 5/01/29 (Pre-refunded 5/01/22)   5/22 at 100.00 Aa1 729,068
    Kent Hospital Finance Authority, Michigan, Revenue Bonds, Spectrum Health System, Refunding Series 2011C:        
2,135   5.000%, 1/15/31 (Pre-refunded 1/15/22)   1/22 at 100.00 AA 2,225,503
365   5.000%, 1/15/42 (Pre-refunded 1/15/22)   1/22 at 100.00 AA 380,472
      25

Nuveen Michigan Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (5) (continued)        
$525   Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2011A, 5.000%, 7/01/34 (Pre-refunded 7/01/21)   7/21 at 100.00 AA- $533,463
    Lansing Board of Water and Light, Michigan, Utility System Rvenue Bonds, Tender Option Bond Trust 2016-XF0394:        
250   19.315%, 7/01/37 (Pre-refunded 7/01/21), 144A (IF) (4)   7/21 at 100.00 AA- 266,123
800   19.315%, 7/01/37 (Pre-refunded 7/01/21), 144A (IF) (4)   7/21 at 100.00 AA- 851,592
3,000   Michigan Finance Authority, Hospital Revenue Bonds, Crittenton Hospital Medical Center, Refunding Series 2012A, 5.000%, 6/01/39 (Pre-refunded 6/01/22)   6/22 at 100.00 N/R 3,180,060
1,875   Michigan Finance Authority, Hospital Revenue Bonds, MidMichigan Health Credit Group, Refunding Series 2014, 5.000%, 6/01/39 (Pre-refunded 6/01/24)   6/24 at 100.00 A+ 2,142,506
2,000   Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2017A-MI, 5.000%, 12/01/47 (Pre-refunded 12/01/22)   12/22 at 100.00 AA- 2,166,980
    Michigan Finance Authority, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2011MI:        
10   5.000%, 12/01/39 (Pre-refunded 12/01/21)   12/21 at 100.00 N/R 10,353
2,295   5.000%, 12/01/39 (Pre-refunded 12/01/21)   12/21 at 100.00 AA- 2,378,630
365   Michigan Finance Authority, State Revolving Fund Revenue Bonds, Clean Water Series 2012, 5.000%, 10/01/32 (Pre-refunded 10/01/22)   10/22 at 100.00 AAA 392,995
4,000   Michigan House of Representatives, Certificates of Participation, Series 1998, 0.000%, 8/15/23  –  AMBAC Insured (ETM)   No Opt. Call N/R 3,956,160
2,000   Michigan State Hospital Finance Authority, Revenue Bonds, Trinity Health Care Group, Series 2009C, 5.000%, 12/01/48 (Pre-refunded 6/01/22)   6/22 at 100.00 AA- 2,120,040
20,310   Total U.S. Guaranteed       21,333,945
    Unknown Sector – 0.7%        
1,835   Elk Rapids Schools, 4.000%, 5/01/43 (WI/DD, settling 3/25/21)   5/31 at 100.00 AA 2,175,099
    Utilities – 18.4%        
850   Downriver Utility Wastewater Authority, Michigan, Sewer System Revenue Bonds, Series 2018, 5.000%, 4/01/43  –  AGM Insured   4/28 at 100.00 AA 1,016,643
2,500   Grand Rapids, Kent County, Michigan, Santiary Sewer System Revenue Bonds, Improvement & Refunding Series 2020, 4.000%, 1/01/50   1/30 at 100.00 AA 2,863,525
    Grand Rapids, Michigan, Sanitary Sewer System Revenue Bonds, Improvement & Refunding Series 2014:        
1,500   5.000%, 1/01/35   1/24 at 100.00 AA 1,679,265
800   5.000%, 1/01/39   1/24 at 100.00 AA 892,976
350   Grand Rapids, Michigan, Sanitary Sewer System Revenue Bonds, Improvement Series 2012, 5.000%, 1/01/32   1/23 at 100.00 AA 378,991
1,655   Grand Rapids, Michigan, Sanitary Sewer System Revenue Bonds, Series 2018, 5.000%, 1/01/48   1/28 at 100.00 AA 1,975,938
1,250   Grand Rapids, Michigan, Water Supply System Revenue Bonds, Refunding & Improvement Series 2016, 5.000%, 1/01/41   1/26 at 100.00 AA 1,465,300
1,500   Grand Rapids, Michigan, Water Supply System Revenue Bonds, Refunding & Improvement Series 2018, 5.000%, 1/01/43   1/28 at 100.00 AA 1,803,225
26      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
    Grand Rapids, Michigan, Water Supply System Revenue Bonds, Refunding Series 2015:        
$1,000   5.000%, 1/01/33   1/25 at 100.00 AA $1,159,620
1,000   5.000%, 1/01/35   1/25 at 100.00 AA 1,155,930
1,875   Holland, Michigan, Electric Utility System Revenue Bonds, Series 2014A, 5.000%, 7/01/31   7/21 at 100.00 AA 1,903,331
    Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Refunding Series 2017A:        
1,250   5.000%, 7/01/31   7/27 at 100.00 AA- 1,545,375
1,000   5.000%, 7/01/32   7/27 at 100.00 AA- 1,232,350
9,835   Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A, 5.000%, 7/01/48   7/29 at 100.00 AA- 12,174,746
7,400   Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2021A, 5.000%, 7/01/51   7/31 at 100.00 AA- 9,549,774
    Marquettte, Michigan, Electric Utility System Revenue Bonds, Refunding Series 2016A:        
1,000   5.000%, 7/01/29   7/26 at 100.00 AA- 1,211,970
1,230   5.000%, 7/01/32   7/26 at 100.00 AA- 1,481,228
1,000   5.000%, 7/01/33   7/26 at 100.00 AA- 1,203,130
1,800   Michigan Finance Authority, Clean Water Revolving Fund Revenue Bonds, Refunding Series 2018B, 5.000%, 10/01/39   10/28 at 100.00 AAA 2,255,706
885   Michigan Finance Authority, Clean Water Revolving Fund Revenue Bonds, Series 2020B, 5.000%, 10/01/31   10/30 at 100.00 Aaa 1,195,139
    Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water & Sewerage Department Water Supply System Local Project, Refunding Senior Loan Series 2014D-1:        
1,500   5.000%, 7/01/35  –  AGM Insured   7/24 at 100.00 AA 1,705,110
1,220   5.000%, 7/01/37  –  AGM Insured   7/24 at 100.00 AA 1,383,809
3,000   Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water & Sewerage Department Water Supply System Local Project, Series 2014D-2, 5.000%, 7/01/27  –  AGM Insured   7/24 at 100.00 AA 3,432,630
1,150   Michigan Municipal Bond Authority, Drinking Water Revolving Fund Revenue Bonds, Series 2020B, 5.000%, 10/01/32   10/30 at 100.00 Aaa 1,546,232
3,000   Michigan Public Power Agency, AFEC Project Revenue Bonds, Series 2012A, 5.000%, 1/01/43   1/22 at 100.00 A2 3,094,380
1,000   Monroe County Economic Development Corporation, Michigan, Collateralized Limited Obligation Revenue Refunding Bonds, Detroit Edison Company, Series 1992AA, 6.950%, 9/01/22  –  FGIC Insured   No Opt. Call Aa3 1,099,270
500   Saginaw, Michigan, Water Supply System Revenue Bonds, Series 2011A, 5.000%, 7/01/31  –  AGM Insured   8/21 at 100.00 AA 509,690
51,050   Total Utilities       60,915,283
$291,041   Total Long-Term Investments (cost $321,973,742)       338,798,678
    Floating Rate Obligations – (4.6)%       (15,200,000)
    Other Assets Less Liabilities – 2.3%       7,695,198
    Net Assets – 100%       $331,293,876
      27

Nuveen Michigan Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
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:        
Municipal Bonds $ — $338,798,678 $ — $338,798,678
    
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) 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.  
(4) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
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.  
AMT Alternative Minimum Tax  
ETM Escrowed to maturity  
IF Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust.  
UB Underlying bond of an inverse floating rate trust reflected as a financing transaction.  
WI/DD Purchased on a when-issued or delayed delivery basis.  
28      

Nuveen Missouri Municipal Bond Fund
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 96.1%        
    MUNICIPAL BONDS – 96.1%        
    Consumer Staples  – 2.0%        
$3,000   Cape Girardeau County Industrial Development Authority, Missouri, Solid Waste Disposal Revenue Bonds, Procter & Gamble Products Company Project, Series 1998, 5.300%, 5/15/28 (AMT)   3/21 at 100.00 AA- $3,009,690
8,840   Missouri Development Finance Board, Solid Waste Disposal Revenue Bonds, Procter and Gamble Inc, Series 1999, 5.200%, 3/15/29 (AMT)   No Opt. Call AA- 11,254,999
11,840   Total Consumer Staples       14,264,689
    Education and Civic Organizations – 10.1%        
    Curators of the University of Missouri, System Facilities Revenue Bonds, Series 2014A:        
1,200   4.000%, 11/01/33   11/24 at 100.00 AA+ 1,329,264
2,350   4.000%, 11/01/34   11/24 at 100.00 AA+ 2,598,465
4,390   Curators of the University of Missouri, System Facilities Revenue Bonds, Taxable Series 2020A, 5.000%, 11/01/30   No Opt. Call AA+ 5,890,590
1,000   Health and Educational Facilities Authority of the State of Missouri, Educational Facilities Revenue Bonds, University of Central Missouri, Series 2018 A, 4.000%, 10/01/38   10/28 at 100.00 A+ 1,109,820
1,055   Lincoln University, Missouri, Auxiliary System Revenue Bonds, Refunding Series 2019, 5.000%, 6/01/31  –  AGM Insured   6/27 at 100.00 AA 1,257,971
1,025   Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Kansas City University of Medicine and Biosciences, Series 2013A, 5.000%, 6/01/33   6/23 at 100.00 A1 1,118,398
2,000   Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Kansas City University of Medicine and Biosciences, Series 2017A, 5.000%, 6/01/47   6/27 at 100.00 A1 2,382,900
3,000   Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Saint Louis College of Pharmacy, Series 2013, 5.500%, 5/01/43   5/23 at 100.00 BBB 3,171,570
    Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Southeast Missouri State University, Refunding Series 2019:        
2,295   4.000%, 10/01/34   10/29 at 100.00 A 2,607,235
2,510   4.000%, 10/01/36   10/29 at 100.00 A 2,829,724
    Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Southwest Baptist University Project, Series 2012:        
575   3.500%, 10/01/22   No Opt. Call BBB- 586,995
3,470   5.000%, 10/01/33   10/22 at 100.00 BBB- 3,551,233
2,255   Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, University of Central Missouri, Series 2013C-2, 5.000%, 10/01/34   10/23 at 100.00 A+ 2,488,009
1,000   Missouri Health and Educational Facilities Authority, Revenue Bonds, Maryville University of St Louis Project, Series 2015, 5.000%, 6/15/44   6/25 at 100.00 BBB+ 1,100,680
      29

Nuveen Missouri Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
    Missouri Health and Educational Facilities Authority, Revenue Bonds, Saint Louis University, Series 2015A:        
$3,700   5.000%, 10/01/38   10/25 at 100.00 AA- $4,320,083
7,920   4.000%, 10/01/42   10/25 at 100.00 AA- 8,734,414
    Missouri Health and Educational Facilities Authority, Revenue Bonds, Saint Louis University, Series 2017A:        
600   4.000%, 10/01/36   4/27 at 100.00 AA- 668,310
5,690   5.000%, 10/01/42   4/27 at 100.00 AA- 6,806,890
    Missouri Health and Educational Facilities Authority, Revenue Bonds, Saint Louis University, Series 2019A:        
3,390   5.000%, 10/01/46   4/29 at 100.00 AA- 3,970,605
6,665   4.000%, 10/01/48   4/29 at 100.00 AA- 7,243,655
1,150   Missouri Health and Educational Facilities Authority, Revenue Bonds, Webster University, Refunding Series 2017, 4.000%, 4/01/34   4/27 at 100.00 Baa2 1,222,013
    Missouri State University, Auxiliary Enterprise System Revenue Bonds, Series 2019A:        
260   4.000%, 10/01/31   10/27 at 100.00 A+ 290,038
285   4.000%, 10/01/32   10/27 at 100.00 A+ 316,726
500   4.000%, 10/01/33   10/27 at 100.00 A+ 553,765
400   4.000%, 10/01/34   10/27 at 100.00 A+ 441,876
1,625   Saint Louis Community College District, Saint Louis County, Missouri, Certificates of Participation, Series 2017, 4.000%, 4/01/36   4/27 at 100.00 AA 1,826,386
1,000   Saint Louis Industrial Development Authority, Missouri, Confluence Academy Project, Series 2007A, 5.350%, 6/15/32   3/21 at 100.00 N/R 994,110
1,100   Saline County Industrial Development Authority, Missouri, First Mortgage Revenue Bonds, Missouri Valley College, Series 2017, 4.500%, 10/01/40   10/23 at 100.00 N/R 1,117,644
860   Truman State University, Missouri, Housing System Revenue Bonds, Refunding Series 2015, 3.750%, 6/01/33   6/23 at 100.00 A2 890,693
63,270   Total Education and Civic Organizations       71,420,062
    Health Care – 21.2%        
675   Barton County, Missouri, Hospital Revenue Bonds, Cox Barton County Hospital Project, Series 2017B, 3.650%, 7/01/27   7/23 at 100.00 N/R 702,844
    Boone County, Missouri, Hospital Revenue Bonds, Boone Hospital Center, Refunding Series 2016:        
1,455   5.000%, 8/01/29   8/26 at 100.00 BBB- 1,597,328
1,000   5.000%, 8/01/30   8/26 at 100.00 BBB- 1,093,510
    Cape Girardeau County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Saint Francis Medical Center, Series 2013A:        
530   3.375%, 6/01/28   6/22 at 100.00 AA 543,261
4,000   5.000%, 6/01/33   6/22 at 100.00 AA 4,155,800
2,000   Cape Girardeau County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Saint Francis Medical Center, Series 2016, 5.000%, 6/01/39   6/26 at 100.00 AA 2,287,760
30      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
$1,325   Cape Girardeau County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Southeasthealth, Series 2016A, 6.000%, 3/01/33   3/23 at 103.00 BBB- $1,457,580
    Cape Girardeau County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Southeasthealth, Series 2017A:        
1,325   5.000%, 3/01/31   3/27 at 100.00 BBB- 1,442,236
1,210   5.000%, 3/01/32   3/27 at 100.00 BBB- 1,312,209
1,645   5.000%, 3/01/36   3/27 at 100.00 BBB- 1,765,282
    Hannibal Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Hannibal Regional Healthcare System, Series 2017:        
1,170   4.000%, 10/01/31   10/27 at 100.00 A- 1,331,366
1,220   4.000%, 10/01/32   10/27 at 100.00 A- 1,380,589
485   5.000%, 10/01/42   10/27 at 100.00 A- 564,239
2,450   5.000%, 10/01/47   10/27 at 100.00 A- 2,822,351
1,560   Joplin Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Freeman Health System, Series 2015, 5.000%, 2/15/35   2/24 at 100.00 A 1,697,701
    Joplin Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Freeman Health System, Series 2020A:        
290   5.000%, 2/15/29   No Opt. Call A 365,116
310   5.000%, 2/15/30   No Opt. Call A 394,422
    Missouri Health and Education Facilities Authority, Health Facilities Revenue Bonds, Saint Luke's Health System, Inc, Series 2016:        
100   5.000%, 11/15/31   5/26 at 100.00 A+ 118,503
1,060   4.000%, 11/15/33   5/26 at 100.00 A+ 1,175,816
4,200   5.000%, 11/15/34   5/26 at 100.00 A+ 4,939,452
4,335   5.000%, 11/15/35   5/26 at 100.00 A+ 5,087,339
1,000   Missouri Health and Education Facilities Authority, Health Facilities Revenue Bonds, Saint Luke's Health System, Inc, Series 2018A, 5.000%, 11/15/43   5/28 at 100.00 A+ 1,205,140
1,000   Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, BJC Health System, Series 2014, 5.000%, 1/01/44   1/24 at 100.00 AA 1,104,580
5,890   Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, BJC Health System, Series 2015A, 4.000%, 1/01/45   1/25 at 100.00 AA 6,335,578
9,160   Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, BJC Health System, Variable Rate Demand Obligation Series 2017D, 4.000%, 1/01/58 (Mandatory Put 1/01/48)   1/28 at 100.00 AA 10,073,618
1,905   Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Capital Region Medical Center, Series 2020, 5.000%, 11/01/40   11/30 at 100.00 Baa2 2,221,039
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, CoxHealth, Series 2013A:        
1,475   5.000%, 11/15/44   11/23 at 100.00 A2 1,586,967
2,980   5.000%, 11/15/48   11/23 at 100.00 A2 3,201,444
      31

Nuveen Missouri Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, CoxHealth, Series 2015A:        
$2,200   5.000%, 11/15/32   11/25 at 100.00 A2 $2,534,004
2,400   5.000%, 11/15/39   11/25 at 100.00 A2 2,721,168
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, CoxHealth, Series 2019A:        
880   5.000%, 11/15/35   5/29 at 100.00 A2 1,078,211
975   5.000%, 11/15/37   5/29 at 100.00 A2 1,186,907
3,000   4.000%, 11/15/49   5/29 at 100.00 A2 3,304,050
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Heartland Regional Medical Center, Series 2012:        
1,000   3.875%, 2/15/32   2/22 at 100.00 AA- 1,019,350
3,035   5.000%, 2/15/37   2/22 at 100.00 AA- 3,132,150
225   Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Mercy Health, Series 2012, 4.000%, 11/15/42   11/22 at 100.00 A+ 234,290
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Mercy Health, Series 2014F:        
845   5.000%, 11/15/45   11/24 at 100.00 A+ 940,189
2,355   4.250%, 11/15/48   11/24 at 100.00 A+ 2,517,566
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Mercy Health, Series 2017C:        
1,050   4.000%, 11/15/36   11/27 at 100.00 A+ 1,182,636
2,395   4.000%, 11/15/37   11/27 at 100.00 A+ 2,690,615
5,295   4.000%, 11/15/47   11/27 at 100.00 A+ 5,839,750
2,750   5.000%, 11/15/47   11/27 at 100.00 A+ 3,228,720
1,000   4.000%, 11/15/49   11/27 at 100.00 A+ 1,099,230
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Mercy Health, Series 2018A:        
1,000   5.000%, 6/01/27   No Opt. Call A+ 1,236,080
1,330   5.000%, 6/01/30   12/28 at 100.00 A+ 1,666,118
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Mercy Health, Series 2020:        
2,000   4.000%, 6/01/50   6/30 at 100.00 A+ 2,254,360
10,000   4.000%, 6/01/53   6/30 at 100.00 A+ 11,248,900
1,930   Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Mosaic Health System, Series 2019A, 4.000%, 2/15/44   2/29 at 100.00 AA- 2,157,836
1,130   Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Saint Anthony's Medical Center, Series 2015B, 5.000%, 2/01/45   8/25 at 100.00 A+ 1,273,838
32      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Saint Luke's Episcopal & Presbyterian Hospitals, Series 2015B:        
$1,500   3.500%, 12/01/32   6/25 at 100.00 A+ $1,572,705
2,000   5.000%, 12/01/33   6/25 at 100.00 A+ 2,247,160
500   3.625%, 12/01/34   6/25 at 100.00 A+ 524,715
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Saint Luke's Episcopal & Presbyterian Hospitals, Series 2019:        
1,100   4.000%, 12/01/35   6/29 at 100.00 A+ 1,249,468
2,000   4.000%, 12/01/37   6/29 at 100.00 A+ 2,256,760
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, SSM Health Care, Series 2014A:        
345   5.000%, 6/01/26   6/24 at 100.00 AA- 389,857
2,000   5.000%, 6/01/31   6/24 at 100.00 AA- 2,220,560
1,165   4.000%, 6/01/32   6/24 at 100.00 AA- 1,244,138
265   4.000%, 6/01/33   6/24 at 100.00 AA- 282,485
    Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, SSM Health Care, Series 2018A:        
1,035   4.000%, 6/01/48   6/28 at 100.00 AA- 1,145,435
1,500   5.000%, 6/01/48   6/28 at 100.00 AA- 1,781,280
3,000   Missouri Health and Educational Facilities Authority, Revenue Bonds, Children's Mercy Hospital, Series 2016, 4.000%, 5/15/34   5/26 at 100.00 A+ 3,303,690
3,030   Missouri Health and Educational Facilities Authority, Revenue Bonds, Children's Mercy Hospital, Series 2017A, 4.000%, 5/15/48   5/25 at 102.00 A+ 3,271,491
    Missouri Health and Educational Facilities Authority, Revenue Bonds, Lester E Cox Medical Center, Series 1992H:        
3,005   0.000%, 9/01/21  –  NPFG Insured   No Opt. Call A2 2,996,496
4,025   0.000%, 9/01/22  –  NPFG Insured   No Opt. Call A2 3,982,697
    Saint Louis County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Ranken-Jordan Project, Refunding & Improvement Series 2016:        
830   5.000%, 11/15/28   11/25 at 100.00 N/R 899,994
2,250   4.000%, 11/15/36   11/25 at 100.00 N/R 2,275,875
3,000   5.000%, 11/15/46   11/25 at 100.00 N/R 3,131,190
1,160   Stoddard County Industrial Development Authority, Missouri, Health Facility Revenue Bonds, Southeasthealth, Series 2016B, 6.000%, 3/01/37   3/23 at 103.00 BBB- 1,262,799
136,260   Total Health Care       150,547,833
    Housing/Multifamily – 0.1%        
1,000   Missouri Housing Development Commission, Multifamily Housing Revenue Bonds, Shepard Apartments Project, 2013 Series 3, 5.000%, 7/01/45   7/23 at 100.00 AA+ 1,055,700
    Housing/Single Family – 0.2%        
1,055   Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, First Place Homeownership Loan Program, Series 2017A-2, 3.800%, 11/01/37   11/26 at 100.00 AA+ 1,141,500
      33

Nuveen Missouri Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Housing/Single Family (continued)        
$260   Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, Homeownership Loan Program, Series 2015B-2, 3.800%, 11/01/34   5/25 at 100.00 AA+ $276,346
1,315   Total Housing/Single Family       1,417,846
    Long-Term Care – 3.7%        
3,110   Bridgeton Industrial Development Authority, Missouri, Senior Housing Revenue Bonds, The Sarah Community Project, Refunding Series 2016, 4.000%, 5/01/33   5/25 at 100.00 N/R 3,053,989
900   Kirkwood Industrial Development Authority, Missouri, Retirement Community Revenue Bonds, Aberdeen Heights Project, Refunding Series 2017A, 5.250%, 5/15/37   5/27 at 100.00 BB 988,137
    Missouri Health and Educational Facilities Authority, Revenue Bonds, Lutheran Senior Services Projects, Series 2014A:        
1,000   5.000%, 2/01/35   2/24 at 100.00 BBB 1,076,540
1,500   5.000%, 2/01/44   2/24 at 100.00 BBB 1,602,975
5,550   Missouri Health and Educational Facilities Authority, Revenue Bonds, Lutheran Senior Services Projects, Series 2016A, 5.000%, 2/01/46   2/26 at 100.00 BBB 6,136,302
    Missouri Health and Educational Facilities Authority, Revenue Bonds, Lutheran Senior Services Projects, Series 2019C:        
1,000   5.000%, 2/01/42   2/29 at 102.00 BBB 1,175,910
3,580   4.000%, 2/01/48   2/29 at 100.00 BBB 3,763,403
    Saint Louis County Industrial Development Authority, Missouri, Revenue Bonds, Friendship Village of Sunset Hills, Series 2012:        
550   5.000%, 9/01/32   9/22 at 100.00 BB+ 569,509
2,715   5.000%, 9/01/42   9/22 at 100.00 BB+ 2,792,323
2,570   Saint Louis County Industrial Development Authority, Missouri, Revenue Bonds, Friendship Village of Sunset Hills, Series 2013A, 5.875%, 9/01/43   9/23 at 100.00 BB+ 2,767,710
2,000   Saint Louis County Industrial Development Authority, Missouri, Revenue Bonds, Friendship Village Saint Louis Obligated Group, Series 2017, 5.000%, 9/01/48   9/27 at 100.00 BB+ 2,202,280
500   Saint Louis County Industrial Development Authority, Missouri, Revenue Bonds, Saint Andrew's Resources for Seniors, Series 2015A, 5.125%, 12/01/45   12/25 at 100.00 N/R 515,345
24,975   Total Long-Term Care       26,644,423
    Tax Obligation/General – 13.9%        
    Belton, Missouri, General Obligation Bonds, Refunding & Improvement Series 2011:        
190   5.000%, 3/01/29   3/21 at 100.00 AA- 190,665
210   5.000%, 3/01/30   3/21 at 100.00 AA- 210,735
170   4.750%, 3/01/31   3/21 at 100.00 AA- 170,473
2,000   Branson Reorganized School District R-4, Taney County, Missouri, General Obligation Bonds, School Building Series 2012, 4.375%, 3/01/32   3/22 at 100.00 A+ 2,080,060
    Camdenton Reorganized School District R3, Camden County, Missouri, General Obligation Bonds, Refunding & Improvement Series 2014:        
960   5.000%, 3/01/33   3/22 at 100.00 N/R 1,004,400
40   5.000%, 3/01/33   3/22 at 100.00 AA- 41,829
3,745   Camdenton Reorganized School District R3, Camden County, Missouri, General Obligation Bonds, Refunding & Improvement Series 2015, 4.000%, 3/01/35   3/23 at 100.00 AA- 3,956,480
34      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$3,665   Clay County Public School District 53, Liberty, Missouri, General Obligation Bonds, Series 2018, 4.000%, 3/01/36   3/26 at 100.00 AA $4,122,942
    Clay County Reorganized School District R-II Smithville, Missouri, General Obligation Bonds, Refunding Series 2015:        
2,000   4.000%, 3/01/35   3/27 at 100.00 AA+ 2,270,700
1,160   4.000%, 3/01/36   3/27 at 100.00 AA+ 1,315,602
600   Clay County School District 40, Excelsior Springs, Missouri, General Obligation Bonds, School Building Series 2020, 5.000%, 3/01/33   3/30 at 100.00 AA+ 776,124
3,000   Columbia School District, Boone County, Missouri, General Obligation Bonds, Refunding & Improvement Series 2015, 4.000%, 3/01/35   3/25 at 100.00 Aa1 3,331,530
1,225   Columbia School District, Boone County, Missouri, General Obligation Bonds, Refunding & Improvement Series 2016, 5.000%, 3/01/36   3/26 at 100.00 Aa1 1,450,633
    Fenton Missouri Fire Protection District, Missouri, General Obligation Bonds, Series 2019:        
1,000   4.000%, 3/01/29   3/27 at 100.00 AA+ 1,166,390
1,075   4.000%, 3/01/30   3/27 at 100.00 AA+ 1,241,840
450   4.000%, 3/01/36   3/27 at 100.00 AA+ 506,255
375   4.000%, 3/01/37   3/27 at 100.00 AA+ 420,731
500   4.000%, 3/01/38   3/27 at 100.00 AA+ 559,760
1,000   Fort Osage Reorganized School District R-1, Jackson County, Missouri, General Obligation Bonds, Direct Deposit Program, Series 2017, 4.000%, 3/01/34   3/27 at 100.00 AA+ 1,152,970
    Fort Zumwalt School District, Callaway County, Missouri, General Obligation Bonds, Refunding & Improvement Series 2015:        
1,500   4.000%, 3/01/31   3/24 at 100.00 AA+ 1,637,265
1,000   4.000%, 3/01/32   3/24 at 100.00 AA+ 1,089,930
1,800   Fort Zumwalt School District, Callaway County, Missouri, General Obligation Bonds, Refunding & Improvement Series 2018, 5.000%, 3/01/36   3/27 at 100.00 AA+ 2,177,010
1,000   Franklin County Reorganized School District R-XI Union, Missouri, General Obligation Bonds, Series 2020A, 5.000%, 3/01/36   3/25 at 100.00 AA+ 1,159,560
2,000   Hazelwood School District, St Louis County, Missouri, General Obligation Bonds, Missouri Direct Deposit Program, Series 2013A, 5.000%, 3/01/33   3/23 at 100.00 AA+ 2,181,840
1,950   Independence School District, Jackson County, Missouri, General Obligation Bonds, Refunding Series 2017B, 5.500%, 3/01/32   3/27 at 100.00 AA+ 2,444,110
1,435   Jackson County Center School District 58, Missouri, General Obligation Bonds, Refunding & School Building Series 2019A, 4.000%, 3/01/37   3/27 at 100.00 Aa1 1,618,694
1,000   Jackson County Consolidated School District 2, Raytown, Missouri, General Obligation Bonds, Series 2014, 5.000%, 3/01/32   3/24 at 100.00 AA+ 1,121,300
    Jackson County Consolidated School District 2, Raytown, Missouri, General Obligation Bonds, Series 2019A:        
1,000   5.000%, 3/01/36   3/29 at 100.00 AA+ 1,263,510
1,000   5.000%, 3/01/38   3/29 at 100.00 AA+ 1,252,310
1,000   5.000%, 3/01/39   3/29 at 100.00 AA+ 1,248,950
1,140   Jackson County Reorganized School District 4, Blue Springs, Missouri, General Obligation Bonds, School Building Series 2018A, 5.500%, 3/01/37   3/29 at 100.00 AA+ 1,481,168
      35

Nuveen Missouri Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$1,000   Jackson County Reorganized School District 4, Blue Springs, Missouri, General Obligation Bonds, School Building Series 2019, 5.500%, 3/01/39   3/29 at 100.00 AA+ $1,292,310
1,635   Jasper County School District R-9, Carthage, Missouri, General Obligation Bonds, Refunding Series 2020B, 4.000%, 3/01/33   3/29 at 100.00 AA+ 1,915,059
700   Jefferson City School District, Missouri, General Obligation Bonds, Series 2017, 4.000%, 3/01/29   3/26 at 100.00 AA+ 803,467
825   Johnson County School District R-VI Warrensburg, Missouri, General Obligation Bonds, Refunding Series 2019, 4.000%, 3/01/30   3/28 at 100.00 AA+ 983,779
2,000   Joplin Schools, Missouri, General Obligation Bonds, Refunding, Direct Deposit Program Series 2017, 4.000%, 3/01/32   3/27 at 100.00 AA+ 2,316,880
5,000   Kansas City, Missouri, General Obligation Bonds, Improvement & Refunding Series 2012A, 4.500%, 2/01/26   2/22 at 100.00 AA 5,178,500
    Kansas City, Missouri, General Obligation Bonds, Refunding & Improvement Series 2018A:        
1,510   4.000%, 2/01/36   2/28 at 100.00 AA 1,750,785
1,000   4.000%, 2/01/37   2/28 at 100.00 AA 1,157,290
1,265   Kansas City, Missouri, General Obligation Bonds, Refunding Series 2015A, 5.000%, 2/01/27   2/24 at 100.00 AA 1,422,923
1,190   Kansas City, Missouri, General Obligation Bonds, Series 2020A, 4.000%, 2/01/37   2/30 at 100.00 AA 1,427,607
475   Lindbergh Schools, Saint Louis County, Missouri, General Obligation Bonds, Series 2019A, 5.000%, 3/01/32   3/27 at 100.00 Aa1 580,697
    Marion County School District 60 Hannibal, Ralls and Marion County, Missouri, General Obligation Bonds, Series 2019:        
1,050   5.000%, 3/01/31   3/24 at 100.00 AA+ 1,178,394
2,000   5.000%, 3/01/39   3/24 at 100.00 AA+ 2,222,920
1,775   Marshfield, Missouri, Combined Waterworks and Sewerage System Revenue Bones, Series 2020B, 5.000%, 2/01/47  –  AGM Insured   2/28 at 100.00 AA 2,079,856
    Marshfield, Missouri, General Obligation Bonds, Street Improvement Series 2018:        
570   4.000%, 3/01/31   3/26 at 100.00 A+ 647,520
325   5.000%, 3/01/34   3/26 at 100.00 A+ 386,692
685   5.000%, 3/01/35   3/26 at 100.00 A+ 813,362
    Nixa Public Schools, Christian County, Missouri, General Obligation Bonds, Missouri Direct Deposit Program, Refunding & School Building Series 2019:        
1,000   4.000%, 3/01/36   3/27 at 100.00 AA+ 1,138,430
1,000   4.000%, 3/01/37   3/27 at 100.00 AA+ 1,135,330
550   Nixa Public Schools, Christian County, Missouri, General Obligation Bonds, Missouri Direct Deposit Program, Refunding Series 2019B, 4.000%, 3/01/34   3/30 at 100.00 AA+ 665,984
500   North Kansas City School District 74, Clay County, Missouri, General Obligation Bonds, Direct Deposit Program, Refunding & Improvement Series 2014, 4.000%, 3/01/32   3/24 at 100.00 AA+ 544,965
425   Orchard Farm R-V School District, Saint Charles County, Missouri, Certificates of Participation, Series 2020, 4.000%, 4/01/32   4/29 at 100.00 A+ 492,779
1,000   Osage School Lake Ozark, Missouri, General Obligation Bonds, School Building Series 2014B, 5.000%, 3/01/34   3/24 at 100.00 AA- 1,118,860
36      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$2,000   Osage School Lake Ozark, Missouri, General Obligation Bonds, Series 2018, 5.000%, 3/01/37   3/26 at 100.00 AA- $2,363,000
1,500   Ozark Reorganized School District 6, Christian County, Missouri, General Obligation Bonds, Refunding & Improvement Series 2015, 4.000%, 3/01/34   3/23 at 100.00 AA+ 1,592,850
2,000   Platte County School District Park Hill, Missouri, General Obligation Bonds, Missouri Direct Deposit Program, Refunding Series 2017, 4.000%, 3/01/31   3/26 at 100.00 AA+ 2,283,480
1,200   Poplar Bluff R-I School District, Butler County, Missouri, Lease Certificates of Participation, Series 2014, 5.000%, 3/01/33  –  AGM Insured   3/24 at 100.00 AA 1,334,976
355   Riverview Fire Protection District, St Louis County, Missouri, General Obligation Bonds, Refunding & Improvement Series 2020, 4.000%, 3/01/29  –  BAM Insured   3/27 at 100.00 AA 414,068
4,000   Saint Charles County Francis Howell School District, Missouri, General Obligation Bonds, Series 2020, 3.000%, 3/01/34   3/28 at 100.00 AA 4,345,240
1,000   Saint Louis County Pattonville School District R3, Missouri, General Obligation Bonds, Refunding Series 2018A, 5.000%, 3/01/36   3/26 at 100.00 AA 1,184,190
985   Springfield School District R12, Greene County, Missouri, General Obligation Bonds, School Building Series 2019, 4.000%, 3/01/35   3/29 at 100.00 AA 1,173,815
    Springfield School District R12, Greene County, Missouri, General Obligation Bonds, Series 2013:        
1,000   5.000%, 3/01/32   3/23 at 100.00 AA+ 1,091,210
1,000   5.000%, 3/01/33   3/23 at 100.00 AA+ 1,091,210
    Valley Park Fire Protection District, Missouri, General Obligation Bonds, Series 2019:        
650   4.000%, 3/01/31   3/27 at 100.00 AA 753,428
705   4.000%, 3/01/33   3/27 at 100.00 AA 807,895
550   4.000%, 3/01/35   3/27 at 100.00 AA 620,416
600   4.000%, 3/01/37   3/27 at 100.00 AA 673,170
    Washington School District, Franklin County, Missouri, General Obligation Bonds, Missouri Direct Deposit Program, Series 2019:        
1,500   4.000%, 3/01/34   3/27 at 100.00 AA+ 1,728,525
905   4.000%, 3/01/35   3/27 at 100.00 AA+ 1,041,447
86,620   Total Tax Obligation/General       98,399,075
    Tax Obligation/Limited – 18.0%        
795   Arnold Retail Corridor Transportation Development District, Missouri, Sales Tax Revenue Bonds, Refunding Series 2019, 3.000%, 11/01/28   11/24 at 100.00 N/R 796,630
    Bi-State Development Agency of the Missouri-Illinois Metropolitan District, Mass Transit Sales Tax Appropriation Bonds, Refunding Combined Lien Series 2019:        
325   5.000%, 10/01/30   10/29 at 100.00 AA 423,846
1,165   4.000%, 10/01/34   10/29 at 100.00 AA 1,375,259
2,680   4.000%, 10/01/36   10/29 at 100.00 AA 3,141,737
3,500   4.000%, 10/01/48   10/29 at 100.00 AA 3,992,415
5,280   Bi-State Development Agency of the Missouri-Illinois Metropolitan District, Mass Transit Sales Tax Appropriation Bonds, Refunding Combined Lien Series 2020A, 4.000%, 10/01/44   10/30 at 100.00 AA 6,131,717
      37

Nuveen Missouri Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
$2,125   Blue Springs, Missouri, Special Obligation Tax Increment Bonds, Adams Farm Project, Special Districts Refunding & Improvement Series 2015A, 4.750%, 6/01/30   6/24 at 100.00 N/R $2,140,746
1,555   Brentwood, Missouri, Certificates of Participation, Series 2019, 4.000%, 10/01/37   10/25 at 101.00 AA- 1,738,319
    Cape Girardeau County Reorganized School District R2, Missouri, Certificates of Participation, Series 2020A:        
1,000   4.000%, 4/01/35  –  BAM Insured   4/28 at 100.00 AA 1,132,360
525   4.000%, 4/01/36  –  BAM Insured   4/28 at 100.00 AA 591,906
    Clay County School District R-11 Smithville, Missouri, Certificates of Participation, Series 2018:        
340   4.000%, 4/01/38   4/28 at 100.00 A+ 383,095
2,515   5.000%, 4/01/43   4/28 at 100.00 A+ 3,004,419
900   Clay, Jackson & Platte Counties Consolidated Public Library District 3, Missouri, Certificates of Participation, Mid-Continent Public Library Project, Series 2018, 4.000%, 3/01/35   3/26 at 100.00 Aa3 1,006,902
2,140   Conley Road Transportation District, Missouri, Transportation Sales Tax Revenue Bonds, Series 2017, 5.125%, 5/01/41   5/25 at 100.00 N/R 2,190,953
365   Excelsior Springs Community Center, Missouri, Sales Tax Revenue Bonds, Series 2014, 4.000%, 3/01/28  –  AGM Insured   3/23 at 100.00 AA 387,385
300   Excelsior Springs, Missouri, Certificate of Participation, Refunding Series 2020B, 4.000%, 3/01/31  –  BAM Insured   No Opt. Call AA 365,076
100   Florissant Industrial Development Authority, Missouri, Tax Increment Revenue Bonds, Florissant - Cross Keys Redevelopment Project, Refunding Series 2003, 5.625%, 5/01/24   3/21 at 100.00 N/R 100,147
410   Franklin County Industrial Development Authority, Missouri, Sales Tax Refunding Revenue Bonds, Phoenix Center II Community Improvement District Project, Series 2013A, 5.000%, 11/01/37   3/21 at 100.00 N/R 410,115
1,105   Franklin County, Missouri, Certificates of Participation, Series 2019A, 3.000%, 11/01/30   11/26 at 100.00 A+ 1,188,041
1,685   Fulton, Missouri, Tax Increment Revenue Bonds, Fulton Commons Redevelopment Project, Series 2006, 5.000%, 6/01/28 (4)   3/21 at 100.00 N/R 876,200
530   Government of Guam, Business Privilege Tax Bonds, Series 2011A, 5.125%, 1/01/42   1/22 at 100.00 BB 542,084
1,850   Government of Guam, Business Privilege Tax Bonds, Series 2012B-1, 5.000%, 1/01/42   1/22 at 100.00 BB 1,889,516
    Great Rivers Greenway Metropolitan Park & Recreation District, Missouri, Sales Tax Appropriation Bonds, Gateway Arch Project, Series 2014:        
3,500   5.000%, 12/30/29   12/23 at 100.00 A+ 3,905,965
4,090   5.000%, 12/30/31   12/23 at 100.00 A+ 4,561,045
750   Greene County, Missouri, Certificates of Participation, Capital Projects, Series 2018, 4.000%, 9/01/33   9/28 at 100.00 Aa3 868,155
1,000   Hanley/Eager Road Transportation Development District, Missouri, Revenue Bonds, Refunding Series 2016A, 3.625%, 3/01/33   3/21 at 100.00 N/R 1,000,050
38      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Harrisonville, Missouri, Certificates of Participation, Refunding & Improvement Series 2021:        
$405   3.000%, 11/01/21   No Opt. Call A+ $411,646
345   4.000%, 11/01/27   No Opt. Call A+ 400,228
375   4.000%, 11/01/29   No Opt. Call A+ 440,925
400   4.000%, 11/01/31   11/30 at 100.00 A+ 468,588
    Howard Bend Levee District, Missouri, Levee District Improvement Bonds, Series 2005:        
1,470   5.750%, 3/01/23  –  SYNCORA GTY Insured   No Opt. Call BB+ 1,555,716
1,560   5.750%, 3/01/24  –  SYNCORA GTY Insured   No Opt. Call BB+ 1,692,007
1,745   5.500%, 3/01/26  –  SYNCORA GTY Insured   No Opt. Call BB+ 1,946,757
    Howard Bend Levee District, St Louis County, Missouri, Levee District Improvement Bonds, Series 2013B:        
1,000   4.875%, 3/01/33   3/23 at 100.00 BB+ 1,018,370
1,300   5.000%, 3/01/38   3/23 at 100.00 BB+ 1,323,218
    Kansas City Industrial Development Authority, Missouri, Downtown Redevelpment District Revenue Bonds, Series 2011A:        
1,000   5.000%, 9/01/21   No Opt. Call AA- 1,023,440
925   5.000%, 9/01/32   9/21 at 100.00 AA- 946,349
1,100   Kansas City Industrial Development Authority, Missouri, Sales Tax Revenue Bonds, Ward Parkway Center Community Improvement District, Senior Refunding & Improvement Series 2016, 4.250%, 4/01/26, 144A   No Opt. Call N/R 1,141,701
1,200   Kansas City Industrial Development Authority, Missouri, Special Obligation Revenue Bonds, Plaza Library Project, Refunding Series 2014, 4.250%, 3/01/23   No Opt. Call N/R 1,234,512
2,000   Kansas City Municipal Assistance Corporation, Missouri, Leasehold Revenue Bonds, Improvement Series 2004B-1, 0.000%, 4/15/27  –  AMBAC Insured   No Opt. Call AA- 1,833,660
1,750   Kansas City, Missouri, Special Obligation Bonds, Downtown Redevelopment District, Series 2014C, 5.000%, 9/01/33   9/23 at 100.00 AA- 1,927,293
1,025   Kansas City, Missouri, Special Obligation Bonds, Kansas City Missouri Projects, Series 2012A, 5.000%, 3/01/26   3/22 at 100.00 AA- 1,072,396
    Kansas City, Missouri, Special Obligation Bonds, Kansas City Missouri Projects, Series 2017B:        
360   4.000%, 10/01/30   10/27 at 100.00 AA- 422,831
2,500   5.000%, 9/01/31   9/27 at 100.00 AA- 3,109,000
235   3.625%, 10/01/32   10/27 at 100.00 AA- 255,936
343   Lakeside 370 Levee District, Saint Charles, Missouri, Subdistrict A Bonds, Refunding Series 2015A, 5.750%, 4/01/55   3/21 at 100.00 N/R 342,545
760   Lakeside 370 Levee District, Saint Charles, Missouri, Subdistrict B Bonds, Refunding Taxable Series 2015B, 0.000%, 4/01/55   3/21 at 100.00 N/R 133,034
    Land Clearance for Redevelopment Authority of Kansas City, Missouri, Project Revenue Bonds, Convention Center Hotel Project - TIF Financing, Series 2018B:        
1,200   5.000%, 2/01/40, 144A   2/28 at 100.00 N/R 1,274,052
100   5.000%, 2/01/50, 144A   2/28 at 100.00 N/R 105,552
      39

Nuveen Missouri Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Liberty, Missouri, Special Obligation Tax Increment and Special Districts Bonds, Liberty Commons Project, Series 2015A:        
$1,195   5.750%, 6/01/35, 144A   6/25 at 100.00 N/R $1,227,886
785   6.000%, 6/01/46, 144A   6/25 at 100.00 N/R 810,999
1,750   Maryland Heights, Missouri, Tax Increment and Special District Revenue Bonds, Westport Plaza Redevelopment Area, Series 2020, 3.625%, 11/01/31   11/29 at 100.00 N/R 1,828,768
1,000   Missouri Development Finance Board, Missouri, Annual Appropriation Revenue Bonds, Fulton State Hospital Project, Series 2014, 3.000%, 10/01/26   10/22 at 100.00 AA+ 1,031,340
1,000   Monarch-Chesterfield Levee District, Saint Louis County, Missouri, Levee District Bonds, Refunding Series 2015, 5.000%, 3/01/40   3/24 at 100.00 A 1,095,970
1,000   Oak Grove, Missouri, Refunding and Improvement Certificates of Participation Series 2012, 5.000%, 1/01/33   1/22 at 100.00 Baa1 1,024,230
660   Poplar Bluff Regional Transportation Development District, Missouri, Transportation Sales Tax Revenue Bonds, Series 2012, 4.750%, 12/01/42   12/22 at 100.00 BBB 684,123
575   Poplar Bluff, Missouri, Certificates of Participation, Series 2021, 4.000%, 10/01/35   10/29 at 100.00 BBB+ 641,160
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
3,000   4.500%, 7/01/34   7/25 at 100.00 N/R 3,274,230
1,000   4.550%, 7/01/40   7/28 at 100.00 N/R 1,090,050
2,931   0.000%, 7/01/46   7/28 at 41.38 N/R 901,107
1,744   5.000%, 7/01/58   7/28 at 100.00 N/R 1,931,550
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2:        
2,000   4.329%, 7/01/40   7/28 at 100.00 N/R 2,151,300
18   4.536%, 7/01/53   7/28 at 100.00 N/R 19,397
1,000   4.784%, 7/01/58   7/28 at 100.00 N/R 1,093,570
    Pulaski County, Missouri, Certificates of Participation, Series 2019:        
880   4.000%, 12/01/32   12/27 at 100.00 A- 945,886
915   4.000%, 12/01/33   12/27 at 100.00 A- 980,121
490   Saint Charles County Industrial Development Authority, Missouri, Sales Tax Revenue Bonds, Wentzville Parkway Regional Community Improvement District Project, Series 2019B, 4.250%, 11/01/49, 144A   11/29 at 102.00 N/R 489,976
1,075   Saint Charles, Missouri, Certificates of Participation, Series 2017, 4.000%, 4/01/29   4/26 at 100.00 Aa3 1,224,973
250   Saint Louis County Industrial Development Authority, Missouri, Sales Tax Revenue Bonds, Chesterfield Blue Valley Community Improvement District Project, Series 2014A, 5.250%, 7/01/44, 144A   7/24 at 100.00 N/R 253,560
660   Saint Louis County Industrial Development Authority, Missouri, Transporation Development Revenue Bonds, University Place Transportation Development District Project, Refunding Series 2015, 4.000%, 3/01/32, 144A   3/22 at 100.00 N/R 658,251
1,875   Saint Louis County Special School District, Missouri, Certificates of Participation Lease, Series 2014B, 4.000%, 4/01/28   4/22 at 100.00 AA 1,937,456
40      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
$2,230   Saint Louis Municipal Finance Corporation, Missouri, Leasehold Revenue Bonds, Convention Center, Expansion & Improvement Projects Series 2020, 5.000%, 10/01/49  –  AGM Insured   10/30 at 100.00 AA $2,717,879
    Saint Louis Municipal Finance Corporation, Missouri, Leasehold Revenue Bonds, Convention Center, Series 2009A:        
1,000   0.000%, 7/15/26  –  AGC Insured   No Opt. Call AA 922,370
1,000   0.000%, 7/15/27  –  AGC Insured   No Opt. Call AA 898,440
1,000   0.000%, 7/15/28  –  AGC Insured   No Opt. Call AA 871,880
1,000   0.000%, 7/15/29  –  AGC Insured   No Opt. Call AA 843,670
    Saint Louis Municipal Library District, Missouri, Certificates of Participation, Refunding Series 2020:        
2,460   4.000%, 3/15/44  –  BAM Insured   3/30 at 100.00 AA 2,728,214
500   4.000%, 3/15/48  –  BAM Insured   3/30 at 100.00 AA 551,195
    Scenic Regional Library District, Missouri, Certificates of Participation, Series 2017:        
505   4.000%, 4/01/29   4/25 at 100.00 A 561,696
345   4.000%, 4/01/30   4/25 at 100.00 A 382,815
565   4.000%, 4/01/32   4/25 at 100.00 A 623,658
585   4.000%, 4/01/33   4/25 at 100.00 A 644,015
2,145   Sedalia, Missouri, Certificates of Participation, Refunding & Improvement Series 2020, 4.000%, 9/15/39  –  BAM Insured   9/27 at 100.00 AA 2,397,059
2,600   Springfield, Missouri, Special Obligation Bonds, Refunding Series 2017A, 4.000%, 7/01/36   7/27 at 100.00 Aa2 2,907,840
1,630   Springfield, Missouri, Special Obligation Bonds, Refunding Series 2017B, 5.000%, 7/01/26 (AMT)   No Opt. Call Aa2 1,962,357
    Springfield, Missouri, Special Obligation Bonds, Sewer System Improvements Project, Series 2015:        
2,205   5.000%, 4/01/27   4/25 at 100.00 Aa2 2,568,494
4,300   4.000%, 4/01/35   4/25 at 100.00 Aa2 4,679,991
    The Industrial Development Authority of the City of Saint Louis, Missouri, Development Financing Revenue Bonds, Ballpark Village Development Project, Series 2017A:        
3,300   4.375%, 11/15/35   11/26 at 100.00 N/R 3,123,054
1,000   4.750%, 11/15/47   11/26 at 100.00 N/R 952,590
145   Town and Country Crossing Transportation Development District, Missouri, Transporation Sales Tax Revenue Bonds, Refunding Series 2020A, 3.375%, 4/01/37   4/28 at 100.00 N/R 142,783
1,285   Transportation Development District, Missouri, Transportation Sales Tax Revenue Bonds, Series 2017, 4.500%, 6/01/36   6/26 at 100.00 BBB 1,381,452
    Wentzville School District R-04, Saint Charles County, Missouri, Certificates of Participation, Series 2015:        
1,700   3.375%, 4/01/29   4/24 at 100.00 Aa3 1,794,860
600   3.500%, 4/01/32   4/24 at 100.00 Aa3 629,238
121,531   Total Tax Obligation/Limited       127,805,292
      41

Nuveen Missouri Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Transportation – 5.3%        
$665   Guam International Airport Authority, Revenue Bonds, Series 2013B, 5.500%, 10/01/33  –  AGM Insured   10/23 at 100.00 AA $727,577
    Kansas City Industrial Development Authority, Missouri, Airport Special Obligation Bonds, Kansas City International Airport Terminal Modernization Project, Series 2019A:        
320   5.000%, 3/01/36 (AMT)   3/29 at 100.00 A2 386,883
1,230   5.000%, 3/01/39 (AMT)   3/29 at 100.00 A2 1,474,057
    Kansas City Industrial Development Authority, Missouri, Airport Special Obligation Bonds, Kansas City International Airport Terminal Modernization Project, Series 2019B:        
1,580   5.000%, 3/01/34 (AMT)   3/29 at 100.00 A2 1,921,264
2,500   5.000%, 3/01/35 (AMT)   3/29 at 100.00 A2 3,032,700
7,300   5.000%, 3/01/46 (AMT)   3/29 at 100.00 A2 8,608,087
7,000   5.000%, 3/01/54 (AMT)   3/29 at 100.00 A2 8,207,430
4,555   Kansas City Industrial Development Authority, Missouri, Airport Special Obligation Bonds, Kansas City International Airport Terminal Modernization Project, Series 2020A, 5.000%, 3/01/57  –  AGM Insured (AMT)   3/30 at 100.00 AA 5,509,318
3,500   Saint Louis, Missouri, Airport Revenue Bonds, Lambert-St Louis International Airport, Refunding Series 2012, 5.000%, 7/01/32  –  FGIC Insured (AMT)   7/22 at 100.00 A2 3,692,430
    Saint Louis, Missouri, Airport Revenue Bonds, Lambert-St Louis International Airport, Series 2017D:        
1,420   5.000%, 7/01/34  –  AGM Insured (AMT)   7/27 at 100.00 AA 1,674,975
1,000   5.000%, 7/01/35  –  AGM Insured (AMT)   7/27 at 100.00 AA 1,176,940
1,000   5.000%, 7/01/36  –  AGM Insured (AMT)   7/27 at 100.00 AA 1,173,690
32,070   Total Transportation       37,585,351
    U.S. Guaranteed – 5.6% (5)        
    Belton School District 124, Cass County, Missouri, Certificates of Participation, Missouri School Boards Association, Series 2019:        
375   3.000%, 1/15/31 (Pre-refunded 1/15/24)  –  AGM Insured   1/24 at 100.00 AA 402,120
200   3.000%, 1/15/33 (Pre-refunded 1/15/24)  –  AGM Insured   1/24 at 100.00 AA 214,464
1,015   5.000%, 1/15/44 (Pre-refunded 1/15/24)  –  AGM Insured   1/24 at 100.00 AA 1,147,133
4,930   Bi-State Development Agency of the Missouri-Illinois Metropolitan District, Mass Transit Sales Tax Appropriation Bonds, Refunding Combined Lien Series 2013A, 5.000%, 10/01/33 (Pre-refunded 10/01/22)   10/22 at 100.00 Aa2 5,308,131
4,665   Metropolitan St Louis Sewerage District, Missouri, Wastewater System Revenue Bonds, Series 2012A, 5.000%, 5/01/42 (Pre-refunded 5/01/22)   5/22 at 100.00 AAA 4,929,132
2,000   Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Saint Luke's Episcopal & Presbyterian Hospitals, Series 2011, 5.000%, 12/01/25 (Pre-refunded 12/01/21)   12/21 at 100.00 A+ 2,070,560
3,870   Missouri Health and Educational Facilities Authority, Revenue Bonds, AT Still University of Health Sciences, Series 2011, 5.250%, 10/01/41 (Pre-refunded 10/01/21)   10/21 at 100.00 A- 3,985,171
3,620   Missouri Health and Educational Facilities Authority, Revenue Bonds, AT Still University of Health Sciences, Series 2014, 5.000%, 10/01/39 (Pre-refunded 10/01/23)   10/23 at 100.00 A- 4,063,016
42      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (5) (continued)        
    Missouri Health and Educational Facilities Authority, Revenue Bonds, Lester E Cox Medical Center, Series 1992H:        
$1,800   0.000%, 9/01/21  –  NPFG Insured (ETM)   No Opt. Call N/R $1,795,806
2,385   0.000%, 9/01/22  –  NPFG Insured (ETM)   No Opt. Call N/R 2,366,516
6,600   Missouri Health and Educational Facilities Authority, Revenue Bonds, Washington University, Series 2011B, 5.000%, 11/15/37 (Pre-refunded 11/15/21)   11/21 at 100.00 AA+ 6,826,182
2,400   Missouri Health and Educational Facilities Authority, Revenue Bonds, Webster University, Series 2011, 5.000%, 4/01/36 (Pre-refunded 4/01/21)   4/21 at 100.00 Baa2 2,409,432
850   Saint Louis County Industrial Development Authority, Missouri, Revenue Bonds, Friendship Village of Chesterfield, Series 2012, 5.000%, 9/01/42 (Pre-refunded 9/01/22)   9/22 at 100.00 N/R 911,098
2,500   Saint Louis Special Administrative Board of the Transitional School District, Missouri, General Obligation Bonds, St Louis Public Schools, Missouri Direct Deposit Program, Series 2011B, 4.000%, 4/01/25 (Pre-refunded 4/01/21)   4/21 at 100.00 AA+ 2,507,700
660   Springfield Public Building Corporation, Missouri, Lease Revenue Bonds, Jordan Valley Park Projects, Series 2000A, 6.125%, 6/01/21  –  AMBAC Insured (ETM)   4/21 at 100.00 N/R 669,676
37,870   Total U.S. Guaranteed       39,606,137
    Utilities – 16.0%        
    Camden County Public Water Supply District 4, Missouri, Certificates of Participation, Series 2017:        
670   3.500%, 1/01/32   1/25 at 100.00 A- 705,905
720   4.000%, 1/01/42   1/25 at 100.00 A- 761,004
1,430   5.000%, 1/01/47   1/25 at 100.00 A- 1,572,013
3,000   Carroll County Public Water Supply District 1, Missouri, Water System Revenue Bonds, Refunding Series 2014A, 4.000%, 3/01/35  –  BAM Insured   3/23 at 100.00 AA 3,177,990
    Franklin County Public Water Supply District 3, Missouri, Certificates of Participation, Refunding Series 2020B:        
500   4.000%, 12/01/30   No Opt. Call A+ 591,455
850   4.000%, 12/01/31   12/30 at 100.00 A+ 993,131
145   4.000%, 12/01/35   12/30 at 100.00 A+ 166,005
250   Franklin County Public Water Supply District 3, Missouri, Waterworks and Sewerage System Revenuen Bonds, Refunding Series 2020A, 4.000%, 12/01/26   No Opt. Call A+ 290,323
1,670   Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2016, 5.000%, 1/01/46   7/26 at 100.00 A- 1,870,884
145   Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2020A, 5.000%, 1/01/50   7/30 at 100.00 A- 174,724
    Kansas City, Missouri, Sanitary Sewer System Revenue Bonds, Improvement Series 2018A:        
500   4.000%, 1/01/35   1/28 at 100.00 AA 579,575
1,865   4.000%, 1/01/37   1/28 at 100.00 AA 2,155,530
1,000   4.000%, 1/01/38   1/28 at 100.00 AA 1,154,250
3,105   4.000%, 1/01/42   1/28 at 100.00 AA 3,558,640
5,000   Kansas City, Missouri, Sanitary Sewer System Revenue Bonds, Refunding & Improvement Series 2016A, 4.000%, 1/01/40   1/25 at 100.00 AA 5,442,700
      43

Nuveen Missouri Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
$1,225   Kansas City, Missouri, Water Revenue Bonds, Series 2020A, 4.000%, 12/01/44   12/30 at 100.00 AA+ $1,461,670
1,200   Lincoln County Public Water Supply District 1, Missouri, Certificates of Participation, Series 2016, 4.000%, 7/01/31   7/22 at 100.00 A+ 1,244,160
1,250   Lincoln County Public Water Supply District 1, Missouri, Certificates of Participation, Series 2019, 4.000%, 7/01/38   7/26 at 100.00 A+ 1,364,775
1,775   Metropolitan St Louis Sewerage District, Missouri, Wastewater System Revenue Bonds, Refunding & Improvement Series 2016C, 5.000%, 5/01/46   5/26 at 100.00 AAA 2,099,452
    Metropolitan St Louis Sewerage District, Missouri, Wastewater System Revenue Bonds, Refunding & Improvement Series 2017A:        
6,000   5.000%, 5/01/42   5/27 at 100.00 AAA 7,205,880
2,000   5.000%, 5/01/47   5/27 at 100.00 AAA 2,392,320
    Metropolitan St Louis Sewerage District, Missouri, Wastewater System Revenue Bonds, Series 2019B:        
1,390   5.000%, 5/01/38   5/29 at 100.00 AAA 1,757,641
3,060   5.000%, 5/01/44   5/29 at 100.00 AAA 3,807,772
2,675   5.000%, 5/01/49   5/29 at 100.00 AAA 3,312,854
4,365   Metropolitan St Louis Sewerage District, Missouri, Wastewater System Revenue Bonds, Series 2020B, 5.000%, 5/01/47   5/30 at 100.00 AAA 5,522,947
425   Missouri Development Finance Board, Infrastructure Facilities Leasehold Revenue Bonds, City of Independence, Missouri, Annual Appropriation Electric System Revenue Bonds -- Dogwood Project, Series 2012A, 5.000%, 6/01/26   6/22 at 100.00 AA 447,619
5,000   Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Refunding Series 1998A, 2.900%, 9/01/33   7/27 at 102.00 A 5,360,250
1,000   Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Series 1998B, 2.900%, 9/01/33   7/27 at 102.00 A 1,072,200
1,845   Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Series 1998C, 2.750%, 9/01/33   6/27 at 102.00 A 1,956,014
2,000   Missouri Environmental Improvement and Energy Resources Authority, Water Facility Revenue Bonds, Tri-County Water Authority, Series 2015, 5.000%, 1/01/40   1/25 at 100.00 Aa3 2,275,040
    Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Iatan 2 Project, Refunding Series 2014A:        
3,300   5.000%, 1/01/31   1/24 at 100.00 A2 3,671,613
1,755   5.000%, 1/01/32   1/24 at 100.00 A2 1,951,051
2,500   5.000%, 1/01/33   1/24 at 100.00 A2 2,779,100
    Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Iatan 2 Project, Refunding Series 2015A:        
1,125   5.000%, 12/01/35   6/25 at 100.00 A2 1,305,045
650   5.000%, 12/01/37   6/25 at 100.00 A2 752,466
    Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Pairie State Power Project, Refunding Series 2016A:        
570   4.000%, 12/01/33  –  BAM Insured   6/26 at 100.00 AA 643,695
1,415   5.000%, 12/01/34   6/26 at 100.00 A2 1,691,321
245   4.000%, 12/01/35  –  BAM Insured   6/26 at 100.00 AA 274,611
44      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
    Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Plum Point Project, Refunding Series 2014A:        
$2,885   5.000%, 1/01/32   1/25 at 100.00 A $3,301,421
1,450   5.000%, 1/01/34   1/25 at 100.00 A 1,647,026
2,500   Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Plum Point Project, Refunding Series 2015A, 4.000%, 1/01/35   1/26 at 100.00 A 2,767,200
1,500   Missouri Joint Municipal Electric Utility Commission, Power Supply System Revenue Bonds, MoPEP Facilities, Refunding Series 2017, 4.000%, 12/01/32   12/27 at 100.00 A2 1,688,940
    Missouri Joint Municipal Electric Utility Commission, Power Supply System Revenue Bonds, MoPEP Facilities, Series 2018:        
1,330   5.000%, 12/01/37   6/27 at 100.00 A2 1,606,321
1,140   5.000%, 12/01/38   6/27 at 100.00 A2 1,376,105
1,500   5.000%, 12/01/43   6/27 at 100.00 A2 1,792,545
2,070   North Central Missouri Regional Water Commission, Waterworks System Revenue Bonds, Series 2006, 5.000%, 1/01/37   3/21 at 100.00 N/R 2,072,587
    Saint Charles County Public Water Supply District 2, Missouri, Certificates of Participation, Missouri Project Series 2019:        
250   4.000%, 12/01/39   12/25 at 100.00 AA+ 276,418
2,295   4.000%, 12/01/41   12/25 at 100.00 AA+ 2,512,841
    Saint Charles County Public Water Supply District 2, Missouri, Certificates of Participation, Refudning Series 2016C:        
285   4.000%, 12/01/31   12/25 at 100.00 AA+ 323,236
1,465   5.000%, 12/01/32   12/25 at 100.00 AA+ 1,731,894
1,500   Saint Charles County Public Water Supply District 2, Missouri, Certificates of Participation, Series 2015, 4.125%, 12/01/38   12/21 at 100.00 AA+ 1,530,450
4,240   Saint Charles County Public Water Supply District 2, Missouri, Certificates of Participation, Series 2018, 4.000%, 12/01/39   12/25 at 100.00 AA+ 4,688,041
    Springfield, Missouri, Public Utility Revenue Bonds, Refunding Series 2015:        
2,845   3.250%, 8/01/27   8/25 at 100.00 AA+ 3,124,009
3,000   3.600%, 8/01/29   8/25 at 100.00 AA+ 3,299,520
2,000   4.000%, 8/01/31   8/25 at 100.00 AA+ 2,264,140
99,875   Total Utilities       113,546,319
$616,626   Total Long-Term Investments (cost $644,617,834)       682,292,727
    
Principal Amount (000)   Description (1)   Optional Call
Provisions (2)
Ratings (3) Value
    SHORT-TERM INVESTMENTS – 1.1%        
    MUNICIPAL BONDS – 1.1%        
    Education and Civic Organizations – 0.9%        
$3,580   Curators of the University of Missouri, System Facilities Revenue Bonds, Variable Rate Demand Obligations, Series 2007BA, 0.010%, 11/01/31 (6)   2/21 at 100.00 A-1+ $3,580,000
      45

Nuveen Missouri Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call
Provisions (2)
Ratings (3) Value
    Education and Civic Organizations (continued)        
$2,900   Missouri Health and Educational Facilities Authority, Revenue Bonds, Washington University, Variable Rate Demand Obligations, Series 2000B, 0.010%, 3/01/40 (6)   3/21 at 100.00 A-1 $2,900,000
6,480   Total Education and Civic Organizations       6,480,000
    Health Care – 0.2%        
1,675   Missouri Health and Educational Facilities Authority, Revenue Bonds, Ascension Health Credit Group, Variable Rate Demand Obligations, Series 2008C-5, 0.020%, 11/15/26 (6)   2/21 at 100.00 A-1+ 1,675,000
$8,155   Total Short-Term Investments (cost $8,155,000)       8,155,000
    Total Investments (cost $652,772,834) – 97.2%       690,447,727
    Other Assets Less Liabilities – 2.8%       19,657,746
    Net Assets – 100%       $710,105,473
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:        
Municipal Bonds $ — $682,292,727 $ — $682,292,727
Short-Term Investments:        
Municipal Bonds  — 8,155,000  — 8,155,000
Total $ — $690,447,727 $ — $690,447,727
46      

(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) 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.  
(4) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
(6) Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the reporting period. This rate changes periodically based on market conditions or a specified market index.  
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.  
AMT Alternative Minimum Tax  
ETM Escrowed to maturity  
      47

Nuveen Ohio Municipal Bond Fund
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 100.5%        
    MUNICIPAL BONDS – 99.2%        
    Consumer Discretionary  – 0.6%        
    Franklin County Convention Facilities Authority, Ohio, Hotel Project Revenue Bonds, Greater Columbus Convention Center Hotel Expansion Project, Series 2019:        
$1,350   5.000%, 12/01/44   12/29 at 100.00 BBB- $1,393,645
3,160   5.000%, 12/01/51   12/29 at 100.00 BBB- 3,257,992
4,510   Total Consumer Discretionary       4,651,637
    Consumer Staples  – 2.8%        
20,690   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Capital Appreciation Series 2020B-3 Class 2, 0.000%, 6/01/57   6/30 at 22.36 N/R 3,102,259
1,460   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1, 4.000%, 6/01/48   6/30 at 100.00 BBB+ 1,632,090
14,470   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2, 5.000%, 6/01/55   6/30 at 100.00 N/R 16,293,075
36,620   Total Consumer Staples       21,027,424
    Education and Civic Organizations – 8.7%        
2,065   Bowling Green State University, Ohio, General Receipts Bonds, Series 2016A, 5.000%, 6/01/34   12/25 at 100.00 A+ 2,411,879
    Hamilton County, Ohio, Economic Development Revenue Bonds, King Highland Community Urban Redevelopment Corporation - University of Cincinnati, Lessee Project, Refunding Series 2015:        
1,320   5.000%, 6/01/32  –  BAM Insured   6/25 at 100.00 AA 1,529,458
2,680   5.000%, 6/01/35  –  BAM Insured   6/25 at 100.00 AA 3,090,817
    Lake County Community College District, Ohio, General Receipts Revenue Bonds, Lakeland Community College, Refunding Series 2019:        
2,770   5.000%, 10/01/32   10/29 at 100.00 Aa2 3,503,247
2,055   4.000%, 10/01/34   10/29 at 100.00 Aa2 2,408,008
1,925   Miami University of Ohio, General Receipts Bonds, Refunding Series 2011, 5.000%, 9/01/36   9/21 at 100.00 AA 1,967,581
2,465   Miami University of Ohio, General Receipts Bonds, Refunding Series 2014, 5.000%, 9/01/30   9/24 at 100.00 AA 2,824,077
    Miami University of Ohio, General Receipts Bonds, Refunding Series 2017:        
880   5.000%, 9/01/35   9/26 at 100.00 AA 1,036,983
2,915   5.000%, 9/01/41   9/26 at 100.00 AA 3,401,718
48      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
$2,875   Miami University of Ohio, General Receipts Bonds, Refunding Series 2020A, 4.000%, 9/01/45   9/30 at 100.00 AA $3,277,989
    Northeast Ohio Medical University, General Receipts Bonds, Refunding Series 2021A:        
100   5.000%, 12/01/26   No Opt. Call Baa2 118,679
125   5.000%, 12/01/28   No Opt. Call Baa2 153,056
150   5.000%, 12/01/30   No Opt. Call Baa2 186,633
    Ohio Higher Education Facilities Commission, Revenue Bonds, Denison University Project, Series 2017A:        
2,100   5.000%, 11/01/42   5/27 at 100.00 AA 2,468,676
1,500   5.250%, 11/01/46   5/27 at 100.00 AA 1,774,245
    Ohio Higher Educational Facilities Commission, Revenue Bonds, Denison University Project, Series 2012:        
1,140   5.000%, 11/01/27   5/22 at 100.00 AA 1,196,259
1,000   5.000%, 11/01/30   5/22 at 100.00 AA 1,047,320
1,250   Ohio Higher Educational Facilities Commission, Revenue Bonds, University of Dayton, Tender Option Bond Trust 2016-XG0069, 17.368%, 12/01/43, 144A (IF) (4)   12/22 at 100.00 A+ 1,515,337
2,500   Ohio Higher Educational Facility Commission, Revenue Bonds, Kenyon College, Series 2015, 5.000%, 7/01/41   7/25 at 100.00 A 2,830,875
1,505   Ohio Higher Educational Facility Commission, Revenue Bonds, Kenyon College, Series 2017, 5.000%, 7/01/42   7/27 at 100.00 A 1,786,781
    Ohio Higher Educational Facility Commission, Revenue Bonds, University of Dayton Project, Series 2020:        
1,000   5.000%, 2/01/35   2/30 at 100.00 A+ 1,260,620
900   4.000%, 2/01/36   2/30 at 100.00 A+ 1,043,253
485   4.000%, 2/01/39   2/30 at 100.00 A+ 554,486
2,000   Ohio State University, General Receipts Bonds, Multiyear Debt Issuance Program, Series 2020A, 5.000%, 12/01/29   No Opt. Call Aa1 2,627,320
    Ohio State University, General Receipts Bonds, Series 2014A:        
4,820   5.000%, 12/01/34   12/24 at 100.00 Aa1 5,492,390
5,000   5.000%, 12/01/39   12/24 at 100.00 Aa1 5,662,100
    Shawnee State University, Ohio, General Receipts Bonds, Series 2016:        
1,120   5.000%, 6/01/28  –  BAM Insured   6/26 at 100.00 AA 1,344,907
1,180   5.000%, 6/01/29  –  BAM Insured   6/26 at 100.00 AA 1,413,616
1,000   Tuscarawas County Economic Development and Finance Alliance, Ohio, Higher Education Facilities Revenue Bonds, Ashland University, Refunding & Improvement Series 2015, 6.000%, 3/01/45   3/25 at 100.00 N/R 1,083,190
3,000   University of Cincinnati, Ohio, General Receipts Bonds, Series 2016C, 5.000%, 6/01/46   6/26 at 100.00 AA- 3,454,650
2,000   Wright State University, Ohio, General Reciepts Bonds, Series 2011A, 5.000%, 5/01/31  –  BAM Insured   5/21 at 100.00 AA 2,012,740
55,825   Total Education and Civic Organizations       64,478,890
      49

Nuveen Ohio Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care – 8.5%        
$2,500   Allen County, Ohio, Hospital Facilities Revenue Bonds, Mercy Health, Series 2017A, 5.000%, 8/01/42   2/28 at 100.00 AA- $2,999,125
850   Butler County, Ohio, Hospital Faciliteis Revenue Bonds, Kettering Health Network Obligated Group Project, Series 2011, 5.625%, 4/01/41   4/21 at 100.00 A+ 853,731
    Chillicothe, Ohio, Hospital Facilities Revenue Bonds, Adena Health System Obligated Group Project, Refunding & Improvement Series 2017:        
2,600   5.000%, 12/01/37   12/27 at 100.00 A- 3,113,006
1,110   5.000%, 12/01/47   12/27 at 100.00 A- 1,306,692
5,000   Cleveland Clinic Health System Obligated Group, Ohio, Martin County Health Facilities Authority, Hospital Revenue Bonds, Series 2019B, 4.000%, 1/01/46   1/29 at 100.00 AA 5,701,850
    Fairfield County, Ohio, Hospital Facilities Revenue Bonds, Fairfield Medical Center Project, Series 2013:        
1,600   5.000%, 6/15/43   6/23 at 100.00 Ba2 1,650,736
495   5.250%, 6/15/43   6/23 at 100.00 Ba2 513,389
2,255   Franklin County, Ohio, Revenue Bonds, Trinity Health Credit Group, Series 2017A, 5.000%, 12/01/47   12/27 at 100.00 AA- 2,682,638
1,000   Franklin County, Ohio, Revenue Bonds, Trinity Health Credit Group, Series 2017OH, 4.000%, 12/01/46   6/27 at 100.00 AA- 1,099,240
    Hamilton County, Ohio, Hospital Facilities Revenue Bonds, Cincinnati Children's Hospital Medical Center, Series 2019CC:        
600   5.000%, 11/15/41   No Opt. Call AA 842,802
3,000   5.000%, 11/15/49   No Opt. Call AA 4,396,200
120   Lake County, Ohio, Hospital Facilities Revenue Bonds, Lake Hospital System, Inc, Refunding Series 2008C, 5.625%, 8/15/29   3/21 at 100.00 A- 120,371
2,230   Miami County, Ohio, Hospital Facilities Revenue Bonds, Kettering Health Network Obligated Group Project, Refunding Improvement Series 2019, 5.000%, 8/01/39   8/28 at 100.00 A+ 2,711,970
930   Middleburg Heights, Ohio, Hospital Facilities Revenue Bonds, Southwest General Health Center Project, Refunding Series 2011, 5.250%, 8/01/41   8/21 at 100.00 A2 949,735
    Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated Group Project, Series 2013:        
2,000   5.000%, 2/15/44   2/23 at 100.00 BB+ 2,077,880
3,000   5.000%, 2/15/48   2/23 at 100.00 BB+ 3,112,140
    Ohio State, Hospital Revenue Bonds, Cleveland Clinic Health System Obligated Group, Refunding Series 2017A:        
1,155   5.000%, 1/01/30   1/28 at 100.00 AA 1,449,675
2,755   5.000%, 1/01/33   1/28 at 100.00 AA 3,415,043
    Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc, Series 2013A:        
1,475   5.000%, 1/15/28   1/23 at 100.00 A 1,587,188
4,390   5.000%, 1/15/29   1/23 at 100.00 A 4,713,675
50      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc, Series 2020A:        
$2,725   5.000%, 1/15/50   1/30 at 100.00 A $3,333,983
2,280   4.000%, 1/15/50   1/30 at 100.00 A 2,583,263
1,630   Scioto County, Ohio, Hospital Facilities Revenue Bonds, Southern Ohio Medical Center, Refunding Series 2016, 5.000%, 2/15/32   2/26 at 100.00 A3 1,898,200
    Wood County, Ohio, Hospital Facilities Refunding and Improvement Revenue Bonds, Wood County Hospital Project, Series 2012:        
3,825   5.000%, 12/01/37   12/22 at 100.00 Ba3 3,872,392
5,610   5.000%, 12/01/42   12/22 at 100.00 Ba3 5,652,075
55,135   Total Health Care       62,636,999
    Housing/Multifamily – 0.3%        
2,075   Summit County Port Authority, Ohio, Multifamily Housing Revenue Bonds, Callis Tower Apartments Project, Series 2007, 5.250%, 9/20/47 (AMT)   3/21 at 100.00 Aa1 2,079,026
    Industrials – 0.6%        
    Ohio State, Economic Development Revenue Bonds, Ohio Enterprise Bond Fund, Shearer's Foods Inc Project, Series 2009-5:        
895   5.000%, 6/01/22   3/21 at 100.00 AA+ 898,240
1,645   5.000%, 12/01/24   3/21 at 100.00 AA+ 1,650,889
1,600   Toledo-Lucas County Port Authority, Ohio, Revenue Refunding Bonds, CSX Transportation Inc, Series 1992, 6.450%, 12/15/21   No Opt. Call A3 1,669,120
4,140   Total Industrials       4,218,249
    Tax Obligation/General – 22.2%        
3,150   Apollo Career Center Joint Vocational School District, Allen, Auglaize, Hardin, Hancock, Putnam & Van Wert Counties, Ohio, General Obligation Bonds, Various Purpose School Improvement Series 2017, 5.000%, 12/01/41   12/27 at 100.00 Aa2 3,803,436
1,180   Canal Winchester Local School District, Franklin and Fairfield Counties, Ohio, General Obligation Bonds, Series 2005B, 0.000%, 12/01/33  –  NPFG Insured   No Opt. Call Aa3 904,918
380   Cincinnati City School District, Hamilton County, Ohio, General Obligation Bonds, Refunding Classroom Facilities Construction & Improvement Series 2006, 5.250%, 12/01/27  –  FGIC Insured   No Opt. Call Aa2 487,377
1,000   Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Refunding Series 2006, 0.000%, 12/01/28  –  AGM Insured   No Opt. Call AA 890,430
3,110   Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Refunding Various Purpose Series 2016B, 5.000%, 12/01/33   6/26 at 100.00 AA 3,752,184
5,530   Columbus, Ohio, General Obligation Bonds, Refunding Various Purpose Series 2017-1, 5.000%, 4/01/29   10/27 at 100.00 AAA 6,961,828
5,000   Columbus, Ohio, General Obligation Bonds, Series 2015A, 5.000%, 7/01/25   No Opt. Call AAA 5,946,550
5,000   Columbus, Ohio, General Obligation Bonds, Various Purpose Series 2018A, 5.000%, 4/01/29   10/28 at 100.00 AAA 6,463,300
3,000   Columbus, Ohio, General Obligation Bonds, Various Purpose Series 2019A, 5.000%, 4/01/40   4/29 at 100.00 AAA 3,768,840
      51

Nuveen Ohio Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$6,360   Columbus, Ohio, General Obligation Bonds, Various Purpose Series 2021A, 5.000%, 4/01/34   10/30 at 100.00 AAA $8,366,008
490   Cuyahoga County, Ohio, General Obligation Bonds, Refunding & Capital Improvement Series 2020A, 4.000%, 12/01/33   6/30 at 100.00 AA 586,368
    Dayton, Ohio, General Obligation Bonds, Limited Tax Refunding & Improvement Series 2020:        
850   4.000%, 12/01/31   12/28 at 100.00 AA 1,010,191
1,205   4.000%, 12/01/32   12/28 at 100.00 AA 1,425,985
5,000   Dublin City School District, Franklin, Delaware and Union Counties, Ohio, General Obligation Bonds, School Facilities Construction & Improvement Series 2019A, 4.000%, 12/01/44   12/28 at 100.00 AAA 5,797,150
    Dublin, Ohio, General Obligation Bonds, Limited Tax Various Purpose Series 2015:        
1,000   5.000%, 12/01/23   No Opt. Call Aaa 1,127,390
450   5.000%, 12/01/24   No Opt. Call Aaa 525,762
2,500   Fairborn City School District, Greene County, Ohio, General Obligation Bonds, School Facilities Construction & Improvement Series 2021A, 4.000%, 12/01/50 (WI/DD, settling 3/18/21)   12/30 at 100.00 Aa3 2,853,625
6,000   Franklin County, Ohio, General Obligation Bonds, Refunding Series 2014, 5.000%, 6/01/24   12/23 at 100.00 AAA 6,774,960
4,225   Franklin County, Ohio, General Obligation Bonds, Refunding Series 2015, 5.000%, 12/01/31   12/25 at 100.00 AAA 5,073,971
2,000   Gahanna-Jefferson City School District, Franklin County, Ohio, General Obligation Bonds, Construction & Improvement Series 2018, 5.000%, 12/01/48   6/28 at 100.00 Aa3 2,411,180
5,500   Gahanna-Jefferson City School District, Franklin County, Ohio, General Obligation Bonds, School Facilities Building Construction & Improvement Series 2021, 4.000%, 12/01/46  –  AGM Insured (WI/DD, settling 3/17/21)   12/30 at 100.00 AA 6,399,580
1,000   Gallia County Local School District, Gallia and Jackson Counties, Ohio, General Obligation Bonds, Refunding School Improvement Series 2014, 5.000%, 11/01/32   11/24 at 100.00 Aa2 1,140,360
    Graham Local School District, Champaign and Shelby Counties, Ohio, General Obligation Bonds, School Improvement Series 2013:        
500   0.000%, 12/01/29   No Opt. Call Aa2 427,090
850   0.000%, 12/01/30   No Opt. Call Aa2 704,064
    Grandview Heights City School District, Franklin County, Ohio, General Obligation Bonds, School Facilities Construction & Improvement Series 2019:        
1,980   4.000%, 12/01/51   6/29 at 100.00 AA+ 2,259,437
1,150   5.000%, 12/01/53   6/29 at 100.00 AA+ 1,396,928
2,595   Hilliard City School District, Franklin County, Ohio, General Obligation Bonds, School Improvement Series 2017, 4.000%, 12/01/46   12/26 at 100.00 AA+ 2,893,944
1,095   Kenston Local School District, Geauga County, Ohio, General Obligation Bonds, School improvement Series 2012, 0.000%, 12/01/27   No Opt. Call Aa1 999,921
1,560   Kettering City School District, Montgomery County, Ohio, General Obligation Bonds, Refunding Series 2007, 5.250%, 12/01/31  –  AGM Insured   No Opt. Call AA 1,978,064
52      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$1,000   Little Miami Local School District, Warren and Clermont Counties, Ohio, General Obligation Bonds, School Improvement Series 2018A, 5.000%, 11/01/43   11/25 at 100.00 AA $1,165,820
1,000   Mason City School District, Warren and Butler Counties, Ohio, General Obligation Bonds, Refunding Series 2013A, 0.000%, 12/01/22   No Opt. Call Aa1 992,610
1,000   Maumee City School District, Lucas County, Ohio, General Obligation Bonds, Capital Apprication Refunding Series 2012, 0.000%, 12/01/23   No Opt. Call AA- 982,940
1,000   Middletown City School District, Butler County, Ohio, General Obligation Bonds, Refunding Series 2007, 5.250%, 12/01/28  –  AGM Insured   No Opt. Call A2 1,286,490
1,585   New Albany, Ohio, General Obligation Bonds, Series 2012, 5.000%, 12/01/29   6/22 at 100.00 Aaa 1,678,705
925   Oakwood City School District, Montgomery County, Ohio, General Obligation Bonds, Series 2012, 0.000%, 12/01/21   No Opt. Call Aa2 922,725
    Ohio State, General Obligation Bonds, Common Schools Series 2017B:        
4,500   5.000%, 9/15/27   No Opt. Call AA+ 5,687,550
5,000   5.000%, 9/01/30   No Opt. Call AA+ 6,708,550
11,430   Ohio State, General Obligation Bonds, Common Schools Series 2019A, 5.000%, 6/15/37   6/29 at 100.00 AA+ 14,521,129
2,000   Ohio State, General Obligation Bonds, Highway Capital Improvement, Series 2014R, 5.000%, 5/01/29   5/24 at 100.00 AAA 2,276,260
    Ohio State, General Obligation Bonds, Highway Capital Improvement, Series 2018V:        
2,500   5.000%, 5/01/33   5/28 at 100.00 AAA 3,138,575
1,250   5.000%, 5/01/34   5/28 at 100.00 AAA 1,564,112
    Ohio State, General Obligation Bonds, Infrastructure Improvement Refunding Series 2020B:        
350   5.000%, 8/01/32   8/28 at 100.00 AA+ 443,650
270   5.000%, 8/01/36   8/28 at 100.00 AA+ 337,932
    Ohio State, General Obligation Bonds, Infrastructure Improvement Series 2020C:        
1,750   5.000%, 3/01/39   3/31 at 100.00 AA+ 2,287,775
1,000   5.000%, 3/01/40   3/31 at 100.00 AA+ 1,302,000
    Ohio State, General Obligation Bonds, Refunding Highway Capital Improvement, Series 2020W:        
1,400   5.000%, 5/01/33   5/30 at 100.00 AAA 1,837,682
800   5.000%, 5/01/34   5/30 at 100.00 AAA 1,045,024
1,190   5.000%, 5/01/35   5/30 at 100.00 AAA 1,548,797
    Olentangy Local School District, Delaware and Franklin Counties, Ohio, General Obigation Bonds, School Facilities Construction & Improvement Series 2016:        
1,000   5.000%, 12/01/38   6/26 at 100.00 AAA 1,191,790
1,875   5.000%, 12/01/41   6/26 at 100.00 AAA 2,224,106
50   Princeton City School District, Hamilton County, Ohio, Certificates of Participation, Series 2013, 5.000%, 12/01/33   12/22 at 100.00 AA- 53,659
2,380   Southwest Local School District, Hamilton and Butler Counties, Ohio, General Obligation Bonds, School Improvement Series 2018A, 4.000%, 1/15/55   1/28 at 100.00 Aa2 2,603,030
      53

Nuveen Ohio Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$4,000   South-Western City School District, Franklin and Pickaway Counties, Ohio, General Obligation Bonds, School Facilities Construction & Improvement Series 2019A, 4.000%, 12/01/48   12/29 at 100.00 AA $4,589,000
3,435   Summit County, Ohio, General Obligation Bonds, Refunding, Various Purpose Series 2002R, 5.500%, 12/01/21  –  FGIC Insured   No Opt. Call AA+ 3,572,709
6,000   Sycamore Community School District, Hamilton County, Ohio, General Obligation Bonds, School Improvement Series 2020, 4.000%, 12/01/45   6/29 at 100.00 AAA 6,879,120
1,200   Toledo, Ohio, General Obligation Bonds, Limited Tax Capital Improvement Series 2020, 4.000%, 12/01/35   12/30 at 100.00 A2 1,357,056
1,000   Upper Arlington City School District, Franklin County, Ohio, General Obligation Bonds, School Facilities & Improvement Series 2018A, 5.000%, 12/01/48   12/27 at 100.00 AAA 1,195,800
    Westerville City School District, Franklin and Delaware Counties, Ohio, General Obligation Bonds, School Facilities Construction & Improvement Series 2020:        
1,000   3.000%, 12/01/43   6/29 at 100.00 Aa1 1,056,450
2,165   3.000%, 12/01/44   6/29 at 100.00 Aa1 2,272,081
137,715   Total Tax Obligation/General       163,853,968
    Tax Obligation/Limited – 19.3%        
    Blue Ash, Ohio, Tax Increment Financing Revenue Bonds, Duke Realty Ohio, Series 2006:        
160   5.000%, 12/01/21   3/21 at 100.00 N/R 161,272
950   5.000%, 12/01/25   3/21 at 100.00 N/R 956,356
1,165   5.000%, 12/01/30   3/21 at 100.00 N/R 1,171,186
1,890   5.000%, 12/01/35   3/21 at 100.00 N/R 1,898,392
    Cleveland Public Library, Cuyahoga County, Ohio, Library Facilities Notes, Series 2019A:        
5,500   4.000%, 12/01/45   12/29 at 100.00 Aa2 6,279,515
4,000   4.000%, 12/01/49   12/29 at 100.00 Aa2 4,532,800
    Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien Series 2017B-2:        
1,250   5.000%, 10/01/31   4/28 at 100.00 AA 1,541,875
1,000   5.000%, 10/01/32   4/28 at 100.00 AA 1,228,620
1,000   Columbus Metropolitan Library, Franklin County, Ohio, Special Obligation Library Fund Facilities Notes, Refunding Series 2020, 4.000%, 12/01/30   No Opt. Call Aa2 1,226,720
1,335   Columbus-Franklin County Finance Authority, Ohio, Tax Increment Financing Revenue Bonds, Easton Project, Series 2020, 5.000%, 6/01/28, 144A   No Opt. Call N/R 1,409,279
9,530   Cuyahoga County, Ohio, Economic Development Revenue Bonds, Refunding Series 2020D, 5.000%, 12/01/26   No Opt. Call AA 11,751,919
1,000   Cuyahoga County, Ohio, Sales Tax Revenue Bonds, Refunding Various Purpose Series 2014, 5.000%, 12/01/28   12/24 at 100.00 AAA 1,158,240
2,940   Dublin, Ohio, Special Obligation Non-Tax Revenue Bonds, Series 2015A, 5.000%, 12/01/38   12/25 at 100.00 Aa1 3,467,377
495   Fairborn City School District, Greene, Clark and Montgomery Counties, Ohio, Certificates of Participation, School Facilities Project, Series 2021, 4.000%, 12/01/37  –  BAM Insured (WI/DD, settling 3/10/21)   12/28 at 100.00 AA 574,245
54      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
$3,560   Franklin County Convention Facilities Authority, Ohio, Lease Appropriation Bonds, Greater Columbus Convention Center Hotel Expansion Project, Series 2019, 5.000%, 12/01/46   12/29 at 100.00 AA $4,171,074
    Franklin County, Ohio, Sales Tax Revenue Bonds, Various Purpose Series 2018:        
1,000   5.000%, 6/01/37   6/28 at 100.00 AAA 1,235,390
16,500   5.000%, 6/01/43   6/28 at 100.00 AAA 20,096,835
5,695   5.000%, 6/01/48   6/28 at 100.00 AAA 6,890,210
    Gahanna-Jefferson City School District, Franklin County, Ohio, Certificates of Participation, School Facilities Project, Series 2021:        
1,020   4.000%, 12/01/31  –  BAM Insured (WI/DD, settling 3/18/21)   12/30 at 100.00 AA 1,247,174
1,320   4.000%, 12/01/32  –  BAM Insured (WI/DD, settling 3/18/21)   12/30 at 100.00 AA 1,605,622
1,375   4.000%, 12/01/33  –  BAM Insured (WI/DD, settling 3/18/21)   12/30 at 100.00 AA 1,664,534
    Great Oaks Career Campuses Board of Education, Brown, Butler, Clermont, Clinton, Fayette, Greene, Hamilton, Highland, Madison, Pickaway, Ross and Warren, Ohio, Certificates of Participation, School:        
1,320   4.000%, 12/01/39 (WI/DD, settling 3/09/21)   12/29 at 100.00 Aa1 1,531,042
1,425   4.000%, 12/01/41 (WI/DD, settling 3/09/21)   12/29 at 100.00 Aa1 1,642,412
1,675   Greater Cleveland Regional Transit Authority, Ohio, Sales Tax Supported Capital Improvement Bonds, Refunding Series 2014A, 5.000%, 12/01/25   No Opt. Call AAA 2,008,961
    Greater Cleveland Regional Transit Authority, Ohio, Sales Tax Supported Capital Improvement Bonds, Refunding Series 2015:        
1,050   5.000%, 12/01/32   12/25 at 100.00 AAA 1,252,850
1,105   5.000%, 12/01/33   12/25 at 100.00 AAA 1,316,762
2,180   Hamilton County, Ohio, Sales Tax Bonds, Refunding Series 2016A, 5.000%, 12/01/30   12/26 at 100.00 AA- 2,621,733
    Hamilton County, Ohio, Sales Tax Bonds, Subordinate Series 2000B:        
500   0.000%, 12/01/26  –  AMBAC Insured   No Opt. Call A1 458,160
3,300   0.000%, 12/01/28  –  AMBAC Insured   No Opt. Call A1 2,853,906
1,750   0.000%, 12/01/28  –  AGM Insured   No Opt. Call AA 1,525,090
    Hamilton County, Ohio, Sales Tax Revenue Bonds, Refunding Series 2011A:        
1,235   5.000%, 12/01/25   12/21 at 100.00 A1 1,275,817
5,375   5.000%, 12/01/31   12/21 at 100.00 A1 5,537,432
    Mayfield City School District, Ohio, Certificates of Participation, Middle School Project, Series 2009B:        
435   0.000%, 9/01/27   No Opt. Call Aa2 397,916
855   0.000%, 9/01/28   No Opt. Call Aa2 761,309
1,100   New Albany Community Authority, Ohio, Community Facilities Revenue Refunding Bonds, Series 2012C, 5.000%, 10/01/23   10/22 at 100.00 Aa3 1,180,124
1,070   Norwood, Hamilton County, Ohio, Special Obligation Development Revenue Bonds, Central Parke Project, Series 2017, 6.000%, 12/01/46   6/27 at 100.00 N/R 1,107,568
      55

Nuveen Ohio Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Ohio State, Capital Facilities Lease Appropriation Bonds, Juvenile Correctional Building Fund Projects, Series 2019A:        
$2,465   5.000%, 4/01/38   4/29 at 100.00 AA $3,069,048
2,485   5.000%, 4/01/39   4/29 at 100.00 AA 3,085,774
1,250   Ohio State, Capital Facilities Lease-Appropriation Bonds, Adult Correctional Building Fund Projects, Series 2017A, 5.000%, 10/01/36   10/27 at 100.00 AA 1,516,888
2,245   Ohio State, Capital Facilities Lease-Appropriation Bonds, Adult Correctional Building Fund Projects, Series 2019B, 5.000%, 10/01/31   No Opt. Call AA 3,034,544
1,200   Ohio State, Capital Facilities Lease-Appropriation Bonds, Parks & Recreation Improvement Fund Projects, Series 2017A, 5.000%, 12/01/31   12/27 at 100.00 AA 1,488,348
1,080   Ohio State, Capital Facilities Lease-Appropriation Bonds, Parks & Recreation Improvement Fund Projects, Series 2020A, 5.000%, 12/01/31   No Opt. Call AA 1,463,832
1,250   Ohio State, Major New State Infrastructure Project Revenue Bonds, Series 2019-1, 5.000%, 12/15/31   No Opt. Call AA 1,710,288
1,360   Ohio State, Transportation Project Revenue Bonds, Toledo-Lucas County Port Authority Seaport and Docks Project, State Transportation Infrastructure GRF Bond Fund, Series 2019-2, 5.000%, 11/15/39 (AMT)   5/27 at 100.00 AA+ 1,598,707
2,095   Pickaway County, Ohio, Sales Tax Specia Obligation Bonds, Series 2018, 5.000%, 12/01/44   12/28 at 100.00 AA 2,605,635
2,000   Pinnacle Community Infrastructure Financing Authority, Grove City, Ohio, Community Facilities Bonds, Series 2015A, 4.000%, 12/01/31  –  AGM Insured   12/25 at 100.00 AA 2,221,260
500   Port of Greater Cincinnati Development Authority, Ohio, Special Obligation Development TIF Revenue Bonds, RBM Development - Phase 2B Project, Series 2018A, 6.000%, 12/01/50   12/28 at 100.00 N/R 535,390
1,000   Port of Greater Cincinnati Development Authority, Ohio, Special Obligation Tax Increment Financing Revenue Bonds, Cooperative Township Public Parking Project, Gallery at Kenwood, Senior Lien Series 2019A, 5.000%, 11/01/51   11/30 at 100.00 N/R 986,720
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
8,320   4.500%, 7/01/34   7/25 at 100.00 N/R 9,080,531
1,257   4.550%, 7/01/40   7/28 at 100.00 N/R 1,370,193
500   Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured Cofina Project Series 2019A-2A, 4.550%, 7/01/40   7/28 at 100.00 N/R 545,025
295   Riversouth Authority, Ohio, Lazarus Building Redevelopment Bonds, Series 2007A, 5.750%, 12/01/27   3/21 at 100.00 N/R 295,404
    Riversouth Authority, Ohio, Riversouth Area Redevelopment Bonds, Payable from City of Columbus, Ohio Annual Rental Appropriations, Refunding Series 2012A:        
1,400   5.000%, 12/01/23   12/22 at 100.00 AA+ 1,515,206
800   5.000%, 12/01/24   12/22 at 100.00 AA+ 865,688
    Riversouth Authority, Ohio, Scioto Peninsula Area Redevelopment Bonds, Payable from City of Columbus, Ohio Annual Rental Appropriations, Series 2016:        
1,000   5.000%, 12/01/28   12/25 at 100.00 AA+ 1,196,280
1,000   5.000%, 12/01/29   12/25 at 100.00 AA+ 1,194,730
56      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
$2,955   Shaker Heights Public Library, Ohio, Certificates of Participation, Series 2019, 4.000%, 12/01/44   12/24 at 100.00 Aa2 $3,179,816
123,517   Total Tax Obligation/Limited       142,299,024
    Transportation – 4.7%        
    Ohio State, Private Activity Bonds, Portsmouth Gateway Group, LLC - Borrower, Portsmouth Bypass Project, Series 2015:        
3,500   5.000%, 12/31/35  –  AGM Insured (AMT)   6/25 at 100.00 AA 3,989,580
5,245   5.000%, 12/31/39  –  AGM Insured (AMT)   6/25 at 100.00 AA 5,943,424
7,725   5.000%, 6/30/53 (AMT)   6/25 at 100.00 A3 8,606,886
11,000   Ohio State, Revenue Bonds, Ohio Turnpike Commission, Refunding Series 1998A, 5.500%, 2/15/24  –  FGIC Insured   No Opt. Call Aa2 12,107,810
2,450   Ohio State, Turnpike Revenue Bonds, Ohio Turnpike and Infrastructutre Commission Infrastructure Projects, Junior Lien, Current Interest Series 2013A-1, 5.250%, 2/15/39   2/23 at 100.00 Aa3 2,663,787
1,000   Ohio State, Turnpike Revenue Bonds, Ohio Turnpike and Infrastructutre Commission, Refunding Series 2017A, 5.000%, 2/15/30   2/27 at 100.00 Aa2 1,221,100
30,920   Total Transportation       34,532,587
    U.S. Guaranteed – 15.5% (5)        
2,155   Cincinnati, Ohio, General Obligation Bonds,Various Purpose, Refunding & Improvement Series 2015A, 5.250%, 12/01/33 (Pre-refunded 6/01/25)   6/25 at 100.00 AA 2,581,604
4,310   Cincinnati, Ohio, Water System Revenue Bonds, Series 2016A, 5.000%, 12/01/41 (Pre-refunded 12/01/26)   12/26 at 100.00 AAA 5,365,907
    Cleveland, Ohio, Airport System Revenue Bonds, Series 2012A:        
7,000   5.000%, 1/01/29 (Pre-refunded 1/01/22)   1/22 at 100.00 A2 7,280,490
1,000   5.000%, 1/01/30 (Pre-refunded 1/01/22)   1/22 at 100.00 A2 1,040,070
3,450   5.000%, 1/01/31 (Pre-refunded 1/01/22)  –  AGM Insured   1/22 at 100.00 AA 3,588,242
    Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien Series 2013A-2:        
990   5.000%, 10/01/27 (Pre-refunded 10/01/23)   10/23 at 100.00 AA 1,111,156
1,150   5.000%, 10/01/30 (Pre-refunded 10/01/23)   10/23 at 100.00 AA 1,290,737
1,205   5.000%, 10/01/31 (Pre-refunded 10/01/23)   10/23 at 100.00 AA 1,352,468
    Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien Series 2015A-2:        
755   5.000%, 10/01/37 (Pre-refunded 10/01/23)   10/23 at 100.00 N/R 843,244
2,245   5.000%, 10/01/37 (Pre-refunded 10/01/23)   10/23 at 100.00 AA+ 2,519,743
    Cleveland, Ohio, Water Revenue Bonds, Refunding Second Lien Series 2012A:        
1,500   5.000%, 1/01/24 (Pre-refunded 1/01/22)   1/22 at 100.00 AA 1,560,750
775   5.000%, 1/01/26 (Pre-refunded 1/01/22)   1/22 at 100.00 AA 806,388
1,000   5.000%, 1/01/27 (Pre-refunded 1/01/22)   1/22 at 100.00 AA 1,040,500
      57

Nuveen Ohio Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (5) (continued)        
    Cuyahoga County, Ohio, Sales Tax Revenue Bonds, Refunding Various Purpose Series 2014:        
$1,810   5.000%, 12/01/32 (Pre-refunded 12/01/24)   12/24 at 100.00 AAA $2,120,831
1,585   5.000%, 12/01/33 (Pre-refunded 12/01/24)   12/24 at 100.00 AAA 1,857,192
1,385   5.000%, 12/01/34 (Pre-refunded 12/01/24)   12/24 at 100.00 AAA 1,622,846
1,055   5.000%, 12/01/35 (Pre-refunded 12/01/24)   12/24 at 100.00 AAA 1,236,175
10,345   Franklin County Convention Facilities Authority, Ohio, Excise Tax and Lease Revenue Bonds, Columbus City & Franklin County Lessees, Refunding Anticipation Series 2014, 5.000%, 12/01/35 (Pre-refunded 12/01/24)   12/24 at 100.00 Aa1 12,121,547
10,300   Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Series 2011A, 5.000%, 11/15/41 (Pre-refunded 11/15/21)   11/21 at 100.00 AA+ 10,652,981
1,000   Greenville City School District, Drake County, Ohio, General Obligation Bonds, School Improvement Series 2013, 5.250%, 1/01/38 (Pre-refunded 1/01/22)   1/22 at 100.00 AA 1,042,570
470   Hancock County, Ohio, Hospital Revenue Bonds, Blanchard Valley Regional Health Center, Series 2011A, 6.250%, 12/01/34 (Pre-refunded 6/01/21)   6/21 at 100.00 A+ 476,975
11,700   JobsOhio Beverage System, Ohio, Statewide Liquor Profits Revenue Bonds, Senior Lien Series 2013A, 5.000%, 1/01/38 (Pre-refunded 1/01/23)   1/23 at 100.00 AA+ 12,725,622
3,240   Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series 2011A, 6.000%, 11/15/41 (Pre-refunded 11/15/21)   11/21 at 100.00 BBB 3,372,127
275   Napoleon City School District, Henry County, Ohio, General Obligation Bonds, Facilities Construction & Improvement Series 2012, 5.000%, 12/01/36 (Pre-refunded 6/01/22)   6/22 at 100.00 Aa3 291,684
8,500   Northeast Ohio Regional Sewer District, Wastewater Improvement Revenue Bonds, Series 2013, 5.000%, 11/15/38 (Pre-refunded 5/15/23)   5/23 at 100.00 AA+ 9,380,345
3,125   Northeast Ohio Regional Sewer District, Wastewater Improvement Revenue Bonds, Tender Option Bond Trust 2015-XF0225, 18.193%, 11/15/43 (Pre-refunded 5/15/23), 144A (IF) (4)   5/23 at 100.00 AA+ 4,419,687
1,630   Northwest Local School District, Hamilton and Butler Counties, Ohio, General Obligation Bonds, School Improvement Series 2015, 5.000%, 12/01/40 (Pre-refunded 12/01/23)   12/23 at 100.00 Aa2 1,839,439
9,000   Ohio State, Turnpike Revenue Bonds, Ohio Turnpike and Infrastructutre Commission Infrastructure Projects, Junior Lien, Current Interest Series 2013A-1, 5.000%, 2/15/48 (Pre-refunded 2/15/23)   2/23 at 100.00 Aa3 9,832,230
1,000   Ohio University at Athens, General Receipts Bonds, Series 2013, 5.000%, 12/01/39 (Pre-refunded 12/01/22)   12/22 at 100.00 Aa3 1,084,410
    Princeton City School District, Hamilton County, Ohio, Certificates of Participation, Series 2013:        
560   5.000%, 12/01/33 (Pre-refunded 12/01/22)   12/22 at 100.00 N/R 605,730
1,305   5.000%, 12/01/42 (Pre-refunded 12/01/22)   12/22 at 100.00 AA- 1,415,155
1,710   South Euclid, Ohio, General Obligation Bonds, Real Estate Acquisition and Urban Redevelopment, Series 2012, 5.000%, 6/01/32 (Pre-refunded 6/01/22)   6/22 at 100.00 Aa3 1,813,746
4,925   Willoughby-Eastlake City School District, Ohio, General Obligation Bonds, School Improvement Series 2016, 5.000%, 12/01/46 (Pre-refunded 12/01/25)   12/25 at 100.00 A2 5,937,678
102,455   Total U.S. Guaranteed       114,230,269
58      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities – 16.0%        
$1,390   Akron, Ohio, Waterworks System Mortgage Revenue Bonds, Refunding & Improvement Series 2009, 5.000%, 3/01/34  –  AGC Insured   3/21 at 100.00 AA $1,394,768
1,750   American Municipal Power Inc, Ohio, Combined Hydroelectric Projects Revenue Bonds, Refunding Series 2020A, 5.000%, 2/15/28   No Opt. Call A 2,204,335
1,500   American Municipal Power Ohio Inc, Prairie State Energy Campus Project Revenue Bonds, Series 2015A, 5.000%, 2/15/42   2/24 at 100.00 A1 1,669,005
6,500   American Municipal Power, Inc, Ohio, Greenup Hydroelectric Project Revenue Bonds, Refunding Series 2016A, 5.000%, 2/15/41   2/26 at 100.00 A1 7,656,285
1,665   American Municipal Power, Inc, Ohio, Solar Electricity Prepayment Project Revenue Bonds, Green Bonds Series 2019A, 5.000%, 2/15/44   2/29 at 100.00 A 2,023,341
    American Municipal Power, Inc, Ohio, Solar Electricity Prepayment Project Revenue Bonds, Green Bonds Series 2020A:        
250   4.000%, 2/15/40   2/29 at 100.00 A 285,587
1,200   4.000%, 2/15/44   2/29 at 100.00 A 1,358,400
1,330   Butler County, Ohio, Sewer System Revenue Bonds, Refunding Series 2005, 5.000%, 12/01/23  –  AGM Insured   No Opt. Call Aa2 1,433,634
1,315   Cleveland, Ohio, Public Power System Revenue Bonds, Refunding Series 2018, 5.000%, 11/15/37  –  AGM Insured   5/28 at 100.00 AA 1,605,865
    Cleveland, Ohio, Public Power System Revenue Bonds, Refunding Series 2020A:        
1,000   4.000%, 11/15/35  –  AGM Insured   11/29 at 100.00 AA 1,178,430
2,000   4.000%, 11/15/38  –  AGM Insured   11/29 at 100.00 AA 2,333,440
2,000   Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B-1, 0.000%, 11/15/33  –  NPFG Insured   No Opt. Call A- 1,510,760
    Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B-2:        
4,740   0.000%, 11/15/34  –  NPFG Insured   No Opt. Call A- 3,478,022
7,500   0.000%, 11/15/38  –  NPFG Insured   No Opt. Call A- 4,612,350
2,300   Columbus, Ohio, Sewerage System Revenue Bonds, Refunding Series 2014, 5.000%, 6/01/25   12/24 at 100.00 AA+ 2,688,148
    Columbus, Ohio, Sewerage System Revenue Bonds, Refunding Series 2015:        
5,000   5.000%, 6/01/30   6/26 at 100.00 AA+ 6,063,850
6,750   5.000%, 6/01/32   6/26 at 100.00 AA+ 8,166,892
1,115   Hamilton County, Ohio, Sewer System Revenue Bonds, Metropolitan Sewer District of Greater Cincinnati, Refunding Series 2020A, 5.000%, 12/01/32   12/30 at 100.00 AA+ 1,481,300
    Hamilton, Ohio, Electric System Revenue Bonds, Refunding & Improvement Series 2019:        
865   4.000%, 10/01/37  –  BAM Insured   10/29 at 100.00 AA 995,892
1,000   4.000%, 10/01/38  –  BAM Insured   10/29 at 100.00 AA 1,147,940
1,015   4.000%, 10/01/39  –  BAM Insured   10/29 at 100.00 AA 1,162,287
1,100   Lancaster Port Authority, Ohio, Gas Supply Revenue Bonds, Series 2019, 5.000%, 8/01/49 (Mandatory Put 2/01/25)   11/24 at 100.68 Aa2 1,274,559
1,745   Lebanon, Ohio, Water System Revenue Bonds, Improvement & Refunding Series 2012, 5.000%, 12/01/31   12/21 at 100.00 A1 1,804,155
      59

Nuveen Ohio Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
$1,000   Marysville, Ohio, Water System Mortgage Revenue Bonds, Refunding Series 2016, 4.000%, 12/01/38   12/25 at 100.00 Aa3 $1,103,830
5,570   Northeast Ohio Regional Sewer District, Wastewater Improvement Revenue Bonds, Refunding & Improvement Series 2017, 5.000%, 11/15/33   5/28 at 100.00 AA+ 6,943,228
820   Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/21 (6)   No Opt. Call N/R 1,025
10,025   Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (6)   No Opt. Call N/R 12,531
    Ohio Water Development Authority, Revenue Bonds, Drinking Water Assistance Fund, Refunding Series 2019B:        
1,560   5.000%, 12/01/29   No Opt. Call AAA 2,073,677
1,170   5.000%, 6/01/30   No Opt. Call AAA 1,567,917
1,100   5.000%, 12/01/30   No Opt. Call AAA 1,489,191
    Ohio Water Development Authority, Revenue Bonds, Drinking Water Assistance Fund, Series 2016:        
2,975   5.000%, 6/01/29   12/26 at 100.00 AAA 3,698,847
1,900   5.000%, 12/01/36   12/26 at 100.00 AAA 2,319,102
4,840   Ohio Water Development Authority, Revenue Bonds, Fresh Water Development, Series 2019, 5.000%, 6/01/44   12/29 at 100.00 AAA 6,094,818
1,010   Ohio Water Development Authority, Water Pollution Control Loan Fund Revenue Bonds, Refunding Series 2014B, 5.000%, 12/01/22   No Opt. Call AAA 1,095,628
5,000   Ohio Water Development Authority, Water Pollution Control Loan Fund Revenue Bonds, Series 2015A, 5.000%, 6/01/26   No Opt. Call AAA 6,135,950
5,000   Ohio Water Development Authority, Water Pollution Control Loan Fund Revenue Bonds, Series 2017A, 5.000%, 12/01/31   6/27 at 100.00 AAA 6,166,600
    Ohio Water Development Authority, Water Pollution Control Loan Fund Revenue Bonds, Series 2020A:        
8,000   5.000%, 12/01/37   6/30 at 100.00 AAA 10,390,640
3,000   5.000%, 12/01/50   6/30 at 100.00 AAA 3,795,000
5,000   Ohio Water Development Authority, Water Pollution Control Loan Fund Revenue Bonds, Series 2020B, 4.000%, 12/01/38   12/30 at 100.00 AAA 5,997,650
2,060   Springboro, Ohio, Sewer System Mortgage Revenue Bonds, Refunding Series 2012, 5.000%, 6/01/27   6/22 at 100.00 Aa2 2,179,398
115,060   Total Utilities       118,594,277
$667,972   Total Municipal Bonds (cost $690,669,462)       732,602,350
    
60      

Shares   Description (1)       Value
    COMMON STOCKS – 1.3%        
    Electric Utilities – 1.3%        
350,634   Energy Harbor Corp, (7), (8), (9)       $9,861,581
    Total Common Stocks (cost $9,249,818)       9,861,581
    Total Long-Term Investments (cost $699,919,280)       742,463,931
    Other Assets Less Liabilities – (0.5)%       (3,636,354)
    Net Assets – 100%       $738,827,577
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:        
Municipal Bonds $ — $732,602,350 $ — $732,602,350
Common Stocks  — 9,861,581  — 9,861,581
Total $ — $742,463,931 $ — $742,463,931
      61

Nuveen Ohio Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) 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.  
(4) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
(6) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(7) Common Stock received as part of the bankruptcy settlement for Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/20 and Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23.  
(8) For fair value measurement disclosure purposes, investment classified as Level 2.  
(9) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
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.  
AMT Alternative Minimum Tax  
IF Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust.  
WI/DD Purchased on a when-issued or delayed delivery basis.  
62      

Nuveen Wisconsin Municipal Bond Fund
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 105.7%        
    MUNICIPAL BONDS – 103.8%        
    Consumer Discretionary  – 0.2%        
$105   Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017, 5.000%, 9/01/46   9/27 at 100.00 B $106,797
250   International Falls, Minnesota, Solid Waste Disposal Revenue Bonds, Boise Cascade Corporation Project, Refunding Series 1999, 6.850%, 12/01/29 (AMT)   3/21 at 100.00 B1 250,292
355   Total Consumer Discretionary       357,089
    Consumer Staples  – 1.6%        
675   Guam Economic Development & Commerce Authority, Tobacco Settlement Asset-Backed Bonds, Series 2007A, 5.250%, 6/01/32   3/21 at 100.00 N/R 675,236
500   Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C, 5.500%, 6/01/42   3/21 at 100.00 B- 507,065
1,060   TSASC Inc, New York, Tobacco Asset-Backed Bonds, Series 2006, 5.000%, 6/01/48   6/27 at 100.00 N/R 1,141,080
2,235   Total Consumer Staples       2,323,381
    Education and Civic Organizations – 5.5%        
1,000   Milwaukee Redevelopment Authority, Wisconsin, Milwaukee Science Education Consortium, Inc Project, Series 2013A, 6.000%, 8/01/33   8/23 at 100.00 BBB- 1,086,520
1,300   Milwaukee Redevelopment Authority, Wisconsin, Revenue Bonds, Milwaukee School of Engineering Project, Series 2012, 4.100%, 4/01/32  –  AGM Insured   4/22 at 100.00 AA 1,335,451
1,965   Public Finance Authority, Wisconsin, Educational Revenue Bonds, Lake Norman Charter School, Series 2018A, 4.000%, 6/15/28, 144A   6/26 at 100.00 BBB- 2,107,187
    Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Hmong American Peace Academy, Series 2020:        
420   4.000%, 3/15/30   No Opt. Call BBB 467,372
500   4.000%, 3/15/40   3/30 at 100.00 BBB 544,950
1,200   5.000%, 3/15/50   3/30 at 100.00 BBB 1,409,160
1,000   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Lawrence University, Series 2020, 4.000%, 2/01/45   2/30 at 100.00 Baa1 1,066,060
7,385   Total Education and Civic Organizations       8,016,700
    Health Care – 22.2%        
440   Illinois Finance Authority, Revenue Bonds, Ascension Health/fkaPresence Health Network, Series 2016C, 5.000%, 2/15/36   2/27 at 100.00 AA+ 525,994
5,765   Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Beloit Health System, Inc, Series 2020, 4.000%, 7/01/36   7/29 at 100.00 A 6,541,834
250   Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Froedtert Community Health, Inc Obligated Group, Tender Option Bond Trust 2015-XF0118, 13.849%, 4/01/42, 144A (IF) (4)   10/22 at 100.00 AA 280,890
      63

Nuveen Wisconsin Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic Health System, Inc, Series 2017C:        
$4,000   5.000%, 2/15/47   2/27 at 100.00 A- $4,516,960
8,565   5.000%, 2/15/47 (UB) (4)   2/27 at 100.00 A- 9,671,940
1,000   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Aspirus, Inc Obligated Group, Refunding Series 2015A, 5.000%, 8/15/34   2/25 at 100.00 AA- 1,118,180
    Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Bellin Memorial Hospital, Inc, Series 2019A:        
2,000   4.000%, 12/01/44   12/29 at 100.00 A+ 2,243,200
3,100   4.000%, 12/01/49   12/29 at 100.00 A+ 3,458,267
    Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Bellin Memorial Hospital, Series 2015:        
250   5.000%, 12/01/23   No Opt. Call A+ 280,310
2,000   4.000%, 12/01/35   6/24 at 100.00 A+ 2,122,520
1,000   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Fort Healthcare, Series 2014, 5.000%, 5/01/29   5/24 at 100.00 BBB+ 1,099,760
500   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Franciscan Sisters of Christian Charity Sponsored Ministry, Series 2017A, 5.000%, 9/01/36   9/27 at 100.00 BBB- 565,960
175   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Marshfield Clinic Health System, Inc, Series 2020A, 4.000%, 2/15/37  –  AGM Insured   2/30 at 100.00 AA 204,482
29,045   Total Health Care       32,630,297
    Housing/Multifamily – 19.0%        
2,000   Hudson Housing Authority, Wisconsin, Multifamily Housing Revenue Bonds, Cedar Ridge Apartments Project, Series 2013A, 5.125%, 6/01/30   6/23 at 100.00 N/R 2,057,760
3,020   Platteville Redevelopment Authority, Wisconsin, Revenue Bonds, University of Wisconsin - Platteville Real Estate Foundation Project, Series 2012A, 5.000%, 7/01/42   7/22 at 100.00 BBB- 3,087,799
2,000   Wisconsin Housing and Economic Development Authority Multi Family Housing Bonds,Western Technical College Student Housing Project, Series 2013B, 4.700%, 4/01/38   4/23 at 100.00 A 2,139,700
655   Wisconsin Housing and Economic Development Authority, Housing Revenue Bonds, Series 2006A, 4.550%, 5/01/27 (AMT)   3/21 at 100.00 AA 656,389
2,125   Wisconsin Housing and Economic Development Authority, Housing Revenue Bonds, Series 2015A, 4.125%, 11/01/46   5/25 at 100.00 AA 2,255,135
    Wisconsin Housing and Economic Development Authority, Housing Revenue Bonds, Series 2017A:        
1,000   4.000%, 11/01/47   11/26 at 100.00 AA 1,064,440
2,000   4.150%, 5/01/55   11/26 at 100.00 AA 2,136,220
2,230   Wisconsin Housing and Economic Development Authority, Housing Revenue Bonds, Series 2017B, 3.900%, 11/01/42   11/26 at 100.00 AA 2,388,776
64      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Housing/Multifamily (continued)        
    Wisconsin Housing and Economic Development Authority, Housing Revenue Bonds, Series 2018A:        
$145   3.700%, 11/01/33   11/27 at 100.00 AA $159,749
2,000   4.300%, 11/01/53 (UB) (4)   11/27 at 100.00 AA 2,204,920
6,720   Wisconsin Housing and Economic Development Authority, Housing Revenue Bonds, Series 2019A, 3.375%, 5/01/57   11/28 at 100.00 AA 7,009,565
2,500   Wisconsin Housing and Economic Development Authority, Multifamily Housing Bonds, Meadow Village Project Series 2020A, 5.000%, 7/01/37, 144A   7/28 at 102.00 N/R 2,716,425
26,395   Total Housing/Multifamily       27,876,878
    Industrials – 0.9%        
725   Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Alcoa Inc Project, Series 2012, 4.750%, 8/01/42   8/22 at 100.00 BBB- 751,100
100   Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2013, 5.250%, 12/01/25   12/23 at 100.00 BB- 109,854
420   Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2018A, 5.250%, 12/01/50 (Mandatory Put 12/01/33)   12/22 at 103.00 BB- 458,014
1,245   Total Industrials       1,318,968
    Long-Term Care – 12.0%        
1,000   New Richmond Community Development Authority, Wisconsin, Health Care Facilities Revenue Bonds, PHM/New Richmond Senior Housing, Inc, Series 2011, 6.650%, 9/01/43   3/21 at 100.00 N/R 1,000,510
500   Winnebago County Housing Authority, Wisconsin, Revenue Bonds, Lutheran Homes of Oshkosh, Inc Project, Refunding Series 2015A, 4.450%, 3/01/30   3/21 at 100.00 N/R 474,015
2,000   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Clement Manor, Inc, Series 2019, 5.000%, 8/01/49   8/26 at 103.00 N/R 1,778,380
2,000   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Dickson Hollow Project Series 2014, 5.375%, 10/01/44   10/22 at 102.00 N/R 2,083,620
2,000   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, PHW Oconomowoc, Inc Project, Series 2018, 5.125%, 10/01/48   10/23 at 102.00 N/R 2,082,200
1,750   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Rogers Memorial Hospital, Inc, Series 2014B, 5.000%, 7/01/44   7/24 at 100.00 A 1,916,600
1,450   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Rogers Memorial Hospital, Inc, Series 2019A, 5.000%, 7/01/49   7/26 at 100.00 A 1,652,101
500   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Rogers Memorial Hospital, Inc, Series 2019B, 5.000%, 7/01/38   7/26 at 100.00 A 578,040
185   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint John's Communities Inc, Series 2015B, 5.000%, 9/15/37   9/22 at 100.00 BBB- 191,103
1,520   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Three Pillars Senior Living Communities, Refunding Series 2013, 5.000%, 8/15/43   8/23 at 100.00 BBB+ 1,623,330
    Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Three Pillars Senior Living Communities, Series 2021A:        
1,000   4.000%, 8/15/51 (WI/DD, settling 3/10/21)   8/31 at 100.00 BBB+ 1,102,170
1,000   4.000%, 8/15/55 (WI/DD, settling 3/10/21)   8/31 at 100.00 BBB+ 1,091,790
      65

Nuveen Wisconsin Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Long-Term Care (continued)        
$2,000   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Woodland Hills Senior Housing Project, Series 2014, 5.000%, 12/01/44   12/22 at 102.00 N/R $2,075,800
16,905   Total Long-Term Care       17,649,659
    Tax Obligation/General – 1.7%        
525   Puerto Rico, General Obligation Bonds, Public improvement Series 2007A, 5.000%, 7/01/23  –  AGC Insured   3/21 at 100.00 AA 542,682
    Puerto Rico, General Obligation Bonds, Refunding Public Improvement Series 2011C:        
675   5.250%, 7/01/27  –  AGM Insured   3/21 at 100.00 AA 698,456
425   5.750%, 7/01/37  –  AGM Insured   3/21 at 100.00 AA 444,886
770   Puerto Rico, General Obligation Bonds, Refunding Series 2003C-7, 6.000%, 7/01/27  –  NPFG Insured   3/21 at 100.00 Baa2 793,223
2,395   Total Tax Obligation/General       2,479,247
    Tax Obligation/Limited – 31.6%        
    Ashwaubenon Community Development Authority, Wisconsin, Lease Revenue Bonds, Brown County Expo Center Project, Series 2019:        
1,790   4.000%, 6/01/36   6/29 at 100.00 AA 1,946,464
3,500   3.000%, 6/01/44   6/29 at 100.00 AA 3,573,150
10,000   0.000%, 6/01/49   6/29 at 47.10 AA 3,717,100
    Brookfield Community Development and Redevelopment Authority, Wisconsin, Community Development Revenue Bonds, Series 2015A:        
1,340   3.550%, 6/01/34   6/25 at 100.00 A3 1,426,618
1,530   3.600%, 6/01/35   6/25 at 100.00 A3 1,624,355
590   Government of Guam, Business Privilege Tax Bonds, Series 2011A, 5.125%, 1/01/42   1/22 at 100.00 BB 603,452
845   Guam Government, Limited Obligation Section 30 Revenue Bonds, Series 2016A, 5.000%, 12/01/34   12/26 at 100.00 BB 961,120
1,250   Kaukauna Redevelopment Authority, Outagamie and Calumet Counties, Wisconsin, Redevelopment Lease Revenue Bonds, Series 2015, 4.125%, 6/01/40   6/25 at 100.00 A+ 1,353,262
130   Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2012B, 5.000%, 6/15/52   6/22 at 100.00 BBB 134,671
675   Milwaukee Redevelopment Authority, Wisconsin, HSI Industrial I LLC Project Revenue Bonds, Series 2008, 5.125%, 6/01/29 (AMT)   3/21 at 100.00 A2 676,971
    Milwaukee Redevelopment Authority, Wisconsin, Lease Revenue Bonds, Public Schools, Series 2016A:        
800   5.000%, 11/15/30   11/26 at 100.00 A+ 968,976
500   5.000%, 11/15/31   11/26 at 100.00 A+ 604,995
550   5.000%, 11/15/32   11/26 at 100.00 A+ 664,818
66      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Milwaukee Redevelopment Authority, Wisconsin, Lease Revenue Bonds, Public Schools, Series 2017:        
$95   4.000%, 11/15/21   No Opt. Call A+ $97,514
145   5.000%, 11/15/22   No Opt. Call A+ 156,670
630   5.000%, 11/15/28   11/26 at 100.00 A+ 767,731
500   5.000%, 11/15/34   11/26 at 100.00 A+ 601,930
1,000   5.000%, 11/15/35   11/26 at 100.00 A+ 1,201,420
500   5.000%, 11/15/36   11/26 at 100.00 A+ 599,495
1,000   Neenah Community Development Authority, Wisconsin, Lease Revenue Bonds, Refunding Series 2013, 4.100%, 12/01/27   12/23 at 100.00 A2 1,084,900
500   Puerto Rico Convention Center District Authority, Hotel Occupancy Tax Revenue Bonds, Series 2006A, 5.000%, 7/01/31  –  AMBAC Insured   3/21 at 100.00 C 508,080
    Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N:        
535   5.250%, 7/01/32  –  NPFG Insured   No Opt. Call Baa2 600,965
435   5.250%, 7/01/33  –  NPFG Insured   No Opt. Call Baa2 490,676
1,000   5.250%, 7/01/36  –  AGC Insured   No Opt. Call AA 1,241,180
500   Puerto Rico Municipal Finance Agency, Series 2002A, 5.000%, 8/01/27  –  AGM Insured   3/21 at 100.00 AA 516,855
1,025   Puerto Rico Public Buildings Authority, Guaranteed Government Facilities Revenue Bonds, Series 2007N, 5.000%, 7/01/32  –  RAAI Insured   3/21 at 100.00 AA 1,059,553
3,085   Southeast Wisconsin Professional Baseball Park District, Sales Tax Revenue Refunding Bonds, Series 1998A, 5.500%, 12/15/26  –  NPFG Insured   No Opt. Call Aa3 3,716,283
    Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2006:        
120   5.000%, 10/01/25  –  NPFG Insured   3/21 at 100.00 Baa2 121,879
125   5.000%, 10/01/28  –  FGIC Insured   3/21 at 100.00 Baa2 126,944
    Wisconsin Center District, Appropiation Revenue Bonds, Milwaukee Arena Project, Series 2016:        
390   5.000%, 12/15/27   6/26 at 100.00 Aa3 474,142
1,000   5.000%, 12/15/30   6/26 at 100.00 Aa3 1,205,400
500   5.000%, 12/15/31   6/26 at 100.00 Aa3 602,125
4,000   Wisconsin Center District, Dedicated Tax Revenue Bonds, Milwaukee Arena Project, Senior Series 2016A, 0.000%, 12/15/39  –  AGM Insured   6/26 at 60.88 AA 2,135,960
    Wisconsin Center District, Dedicated Tax Revenue Bonds, Refunding Junior Series 1999:        
1,125   5.250%, 12/15/23   No Opt. Call AA 1,243,732
675   5.250%, 12/15/27   No Opt. Call AA 821,441
    Wisconsin Center District, Dedicated Tax Revenue Bonds, Refunding Junior Series 2013A:        
785   4.000%, 12/15/25   12/22 at 100.00 Baa1 820,521
2,170   5.000%, 12/15/28   12/22 at 100.00 Baa1 2,296,663
500   5.000%, 12/15/29   12/22 at 100.00 Baa1 527,940
      67

Nuveen Wisconsin Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Wisconsin Center District, Dedicated Tax Revenue Bonds, Refunding Senior Series 2003A:        
$2,035   0.000%, 12/15/28  –  AGM Insured   No Opt. Call AA $1,779,811
1,945   0.000%, 12/15/31   No Opt. Call AA 1,543,533
5,000   Wisconsin Center District, Dedicated Tax Revenue Bonds, Supported by State Moral Obligation Junior Series 2020D, 0.000%, 12/15/50  –  AGM Insured   12/30 at 46.55 AA 1,736,400
54,820   Total Tax Obligation/Limited       46,335,695
    Transportation – 1.1%        
145   Public Finance Authority of Wisconsin, Senior Airport Facilities Revenue and Refunding Bonds, TrIPS Obligated Group, Series 2012B, 5.000%, 7/01/22 (AMT)   No Opt. Call BBB+ 150,120
1,000   Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, 95 Express Lanes LLC Project, Series 2012, 5.000%, 1/01/40 (AMT)   1/22 at 100.00 BBB 1,032,900
355   Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River Crossing, Opco LLC Project, Series 2012, 5.250%, 1/01/32 (AMT)   7/22 at 100.00 BBB 371,785
1,500   Total Transportation       1,554,805
    U.S. Guaranteed – 2.4% (5)        
    Wisconsin Center District, Dedicated Tax Revenue Bonds, Refunding Junior Series 1999:        
2,025   5.250%, 12/15/23 (ETM)   No Opt. Call AA 2,184,550
190   5.250%, 12/15/27 (ETM)   No Opt. Call AA 232,529
10   Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Howard Young Health Care, Inc, Refunding Series 2012, 5.000%, 8/15/22 (ETM)   No Opt. Call N/R 10,699
810   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Beaver Dam Community Hospitals Inc, Series 2013A, 5.250%, 8/15/34 (Pre-refunded 8/15/23)   8/23 at 100.00 N/R 906,001
10   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Monroe Clinic Inc, Refunding Series 2016, 5.000%, 2/15/30 (Pre-refunded 8/15/25)   8/25 at 100.00 N/R 11,892
130   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Three Pillars Senior Living Communities, Refunding Series 2013, 5.000%, 8/15/43 (Pre-refunded 8/15/23)   8/23 at 100.00 A 144,277
3,175   Total U.S. Guaranteed       3,489,948
    Utilities – 5.6%        
995   Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.500%, 4/01/41 (6)   No Opt. Call N/R 1,244
125   Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34   10/22 at 100.00 BBB 130,191
860   Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/21 (6)   No Opt. Call N/R 1,075
1,000   Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (6)   No Opt. Call N/R 1,250
265   Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2005A, 3.750%, 12/01/40 (6)   No Opt. Call N/R 331
575   Puerto Rico Electric Power Authority, Power Revenue Bonds, Refunding Series 2005SS, 5.000%, 7/01/30  –  AGM Insured   3/21 at 100.00 AA 594,383
68      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
$580   Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2003NN, 5.250%, 7/01/23  –  NPFG Insured   No Opt. Call Baa2 $609,220
790   Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2005RR, 5.000%, 7/01/28  –  AGC Insured   3/21 at 100.00 AA 816,631
305   Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2007UU, 5.000%, 7/01/24  –  AGM Insured   3/21 at 100.00 AA 315,276
    Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2007VV:        
675   5.250%, 7/01/24  –  NPFG Insured   No Opt. Call Baa2 719,948
130   5.250%, 7/01/26  –  NPFG Insured   No Opt. Call Baa2 141,574
2,760   5.250%, 7/01/27  –  AGM Insured   No Opt. Call AA 3,253,350
185   5.250%, 7/01/31  –  AGM Insured   No Opt. Call AA 225,874
250   5.250%, 7/01/35  –  NPFG Insured   No Opt. Call Baa2 284,300
1,200   Virgin Islands Water and Power Authority, Electric System Revenue Bonds, Refunding Series 2007A, 5.000%, 7/01/25   3/21 at 100.00 CCC 1,158,912
10,695   Total Utilities       8,253,559
$156,150   Total Municipal Bonds (cost $144,880,000)       152,286,226
    
Shares   Description (1)       Value
    COMMON STOCKS – 1.9%        
    Electric Utilities – 1.9%        
100,944   Energy Harbor Corp, (7), (8), (9)       $2,839,050
    Total Common Stocks (cost $2,869,331)       2,839,050
    Total Long-Term Investments (cost $147,749,331)       155,125,276
    Floating Rate Obligations – (5.5)%       (8,020,000)
    Other Assets Less Liabilities – (0.2)%       (378,397)
    Net Assets – 100%       $146,726,879
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Nuveen Wisconsin Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
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:        
Municipal Bonds $ — $152,286,226 $ — $152,286,226
Common Stocks  — 2,839,050  — 2,839,050
Total $ — $155,125,276 $ — $155,125,276
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(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) 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.  
(4) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
(6) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(7) Common Stock received as part of the bankruptcy settlement for Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2006A, 3.500%, 4/01/41, Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/20, Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23, and Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2005A, 3.750%, 12/01/40.  
(8) For fair value measurement disclosure purposes, investment classified as Level 2.  
(9) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
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.  
AMT Alternative Minimum Tax  
ETM Escrowed to maturity  
IF Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust.  
UB Underlying bond of an inverse floating rate trust reflected as a financing transaction.  
WI/DD Purchased on a when-issued or delayed delivery basis.  
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