0001083839-20-000065.txt : 20200707 0001083839-20-000065.hdr.sgml : 20200707 20200629181717 ACCESSION NUMBER: 0001083839-20-000065 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200430 FILED AS OF DATE: 20200629 DATE AS OF CHANGE: 20200701 PERIOD START: 20200731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUVEEN INVESTMENT TRUST II CENTRAL INDEX KEY: 0001041673 IRS NUMBER: 000000000 FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08333 FILM NUMBER: 20998274 BUSINESS ADDRESS: STREET 1: C/O NUVEEN INVESTMENTS STREET 2: 333 W WACKER DR 32ND FL CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-917-8146 MAIL ADDRESS: STREET 1: C/O NUVEEN INVESTMENTS STREET 2: 333 W WACKER DR 32ND FL CITY: CHICAGO STATE: IL ZIP: 60606 0001041673 S000008519 Nuveen Santa Barbara Dividend Growth Fund C000023379 Nuveen Santa Barbara Dividend Growth Fund - Class A NSBAX C000023381 Nuveen Santa Barbara Dividend Growth Fund - Class C NSBCX C000023382 Nuveen Santa Barbara Dividend Growth Fund - Class I NSBRX C000074306 Class R3 NBDRX C000125378 Class R6 NSBFX NPORT-P 1 primary_doc.xml NPORT-P false 0001041673 XXXXXXXX S000008519 C000023379 C000125378 C000074306 C000023382 C000023381 Nuveen Investment Trust II 811-08333 0001041673 5493007F5YXDUN8Q5A93 333 W. Wacker Dr Chicago 60606 312-917-7700 Nuveen Santa Barbara Dividend Growth Fund S000008519 549300J0CU6GUC7VG876 2020-07-31 2020-04-30 N 2732049141.00 4452123.00 2727597018.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 46625H100 675484.00000000 NS USD 64684347.84000000 2.371477436481 Long EC CORP US N 1 N N N American Express Co R4PP93JZOLY261QX3811 American Express Co 025816109 557881.00000000 NS USD 50906641.25000000 1.866354923914 Long EC CORP US N 1 N N N Cisco Systems Inc 8E6NF1YAL0WT6CWXXV93 Cisco Systems Inc 17275R102 1819913.00000000 NS USD 77127912.94000000 2.827687243790 Long EC CORP US N 1 N N N Accenture PLC N/A Accenture PLC G1151C101 422627.00000000 NS USD 78266294.13000000 2.869422924776 Long EC CORP US N 1 N N N STATE STREET BANK AND TRUST COMPANY 549300H47WTHXPU08X20 Fixed Income Clearing Corp 85748R009 34773321.00000000 PA USD 34773321.00000000 1.274870179521 Long RA CORP US N 2 Repurchase N 0.00000000 2020-05-01 34773321.00000000 USD 35469175.00000000 USD UST N N N Packaging Corp of America 549300XZP8MFZFY8TJ84 Packaging Corp of America 695156109 513038.00000000 NS USD 49585122.70000000 1.817905004763 Long EC CORP US N 1 N N N Linde PLC 8945002PAZHZLBGKGF02 Linde PLC G5494J103 343255.00000000 NS USD 63155487.45000000 2.315425887080 Long EC CORP US N 1 N N N PNC Financial Services Group Inc/The CFGNEKW0P8842LEUIA51 PNC Financial Services Group Inc/The 693475105 444089.00000000 NS USD 47370973.63000000 1.736729191203 Long EC CORP US N 1 N N N Colgate-Palmolive Co YMEGZFW4SBUSS5BQXF88 Colgate-Palmolive Co 194162103 674659.00000000 NS USD 47408287.93000000 1.738097219535 Long EC CORP US N 1 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 Walt Disney Co/The 254687106 487831.00000000 NS USD 52758922.65000000 1.934263833764 Long EC CORP US N 1 N N N CyrusOne Inc 5493006S177ZK2ZNBU43 CyrusOne Inc 23283R100 690229.00000000 NS USD 48419564.35000000 1.775172946387 Long EC CORP US N 1 N N N WEC Energy Group Inc 549300IGLYTZUK3PVP70 WEC Energy Group Inc 92939U106 704439.00000000 NS USD 63786951.45000000 2.338576814282 Long EC CORP US N 1 N N N Anthem Inc 8MYN82XMYQH89CTMTH67 Anthem Inc 036752103 236645.00000000 NS USD 66433350.85000000 2.435599922260 Long EC CORP US N 1 N N N Fidelity National Information Services Inc 6WQI0GK1PRFVBA061U48 Fidelity National Information Services Inc 31620M106 686508.00000000 NS USD 90543540.12000000 3.319535089768 Long EC CORP US N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 Medtronic PLC G5960L103 544176.00000000 NS USD 53127902.88000000 1.947791500335 Long EC CORP US N 1 N N N AvalonBay Communities Inc K9G90K85RBWD2LAGQX17 AvalonBay Communities Inc 053484101 226874.00000000 NS USD 36969118.30000000 1.355373174850 Long EC CORP US N 1 N N N AT&T Inc 549300Z40J86GGSTL398 AT&T Inc 00206R102 2303481.00000000 NS USD 70187066.07000000 2.573219783084 Long EC CORP US N 1 N N N Lowe's Cos Inc WAFCR4OKGSC504WU3E95 Lowe's Cos Inc 548661107 769549.00000000 NS USD 80610257.75000000 2.955358039257 Long EC CORP US N 1 N N N Trane Technologies PLC 549300BURLR9SLYY2705 Trane Technologies PLC G8994E103 538237.00000000 NS USD 47052678.54000000 1.725059758809 Long EC CORP US N 1 N N N Union Pacific Corp 549300LMMRSZZCZ8CL11 Union Pacific Corp 907818108 407202.00000000 NS USD 65066807.58000000 2.385499292989 Long EC CORP US N 1 N N N Becton Dickinson and Co ICE2EP6D98PQUILVRZ91 Becton Dickinson and Co 075887109 191822.00000000 NS USD 48440809.66000000 1.775951848470 Long EC CORP US N 1 N N N International Flavors & Fragrances Inc BZLRL03D3GPGMOGFO832 International Flavors & Fragrances Inc 459506101 353722.00000000 NS USD 46348193.66000000 1.699231717667 Long EC CORP US N 1 N N N Chubb Ltd E0JAN6VLUDI1HITHT809 Chubb Ltd H1467J104 376623.00000000 NS USD 40679050.23000000 1.491387839242 Long EC CORP US N 1 N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 Charles Schwab Corp/The 808513105 1263502.00000000 NS USD 47659295.44000000 1.747299733996 Long EC CORP US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 Merck & Co Inc 58933Y105 851535.00000000 NS USD 67560786.90000000 2.476934329160 Long EC CORP US N 1 N N N Marsh & McLennan Cos Inc 549300XMP3KDCKJXIU47 Marsh & McLennan Cos Inc 571748102 533624.00000000 NS USD 51937623.92000000 1.904153127359 Long EC CORP US N 1 N N N AbbVie Inc FR5LCKFTG8054YNNRU85 AbbVie Inc 00287Y109 667399.00000000 NS USD 54860197.80000000 2.011301428985 Long EC CORP US N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 Comcast Corp 20030N101 1808888.00000000 NS USD 68068455.44000000 2.495546629168 Long EC CORP US N 1 N N N NextEra Energy Inc N/A NextEra Energy Inc 65339F101 306825.00000000 NS USD 70913394.00000000 2.599848640837 Long EC CORP US N 1 N N N Honeywell International Inc ISRPG12PN4EIEOEMW547 Honeywell International Inc 438516106 331398.00000000 NS USD 47025376.20000000 1.724058792030 Long EC CORP US N 1 N N N Phillips 66 5493005JBO5YSIGK1814 Phillips 66 718546104 695330.00000000 NS USD 50877296.10000000 1.865279063008 Long EC CORP US N 1 N N N Chevron Corp N/A Chevron Corp 166764100 609418.00000000 NS USD 56066456.00000000 2.055525637768 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 Apple Inc 037833100 326348.00000000 NS USD 95881042.40000000 3.515220238446 Long EC CORP US N 1 N N N CME Group Inc LCZ7XYGSLJUHFXXNXD88 CME Group Inc 12572Q105 230570.00000000 NS USD 41089879.70000000 1.506449795510 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 UnitedHealth Group Inc 91324P102 344724.00000000 NS USD 100821428.28000000 3.696346183642 Long EC CORP US N 1 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 Texas Instruments Inc 882508104 585812.00000000 NS USD 67995198.84000000 2.492860873189 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 Microsoft Corp 594918104 780146.00000000 NS USD 139809964.66000000 5.125755884661 Long EC CORP US N 1 N N N Philip Morris International Inc HL3H1H2BGXWVG3BSWR90 Philip Morris International Inc 718172109 852625.00000000 NS USD 63605825.00000000 2.331936300716 Long EC CORP US N 1 N N N McDonald's Corp UE2136O97NLB5BYP9H04 McDonald's Corp 580135101 298001.00000000 NS USD 55893067.56000000 2.049168817503 Long EC CORP US N 1 N N N PepsiCo Inc FJSUNZKFNQ5YPJ5OT455 PepsiCo Inc 713448108 515985.00000000 NS USD 68259655.65000000 2.502556470018 Long EC CORP US N 1 N N N Mondelez International Inc 549300DV9GIB88LZ5P30 Mondelez International Inc 609207105 1117238.00000000 NS USD 57470722.72000000 2.107009295755 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 Johnson & Johnson 478160104 715173.00000000 NS USD 107304556.92000000 3.934032637954 Long EC CORP US N 1 N N N Lockheed Martin Corp DPRBOZP0K5RM2YE8UU08 Lockheed Martin Corp 539830109 225380.00000000 NS USD 87686342.80000000 3.214783643673 Long EC CORP US N 1 N N N 2020-04-30 Nuveen Investment Trust II E. Scott Wickerham E. Scott Wickerham Funds Treasurer XXXX NPORT-EX 2 Investment_Trust_II.htm
Nuveen Santa Barbara Dividend Growth Fund
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 98.6%        
    COMMON STOCKS – 98.6%        
    Aerospace & Defense – 3.2%        
225,380   Lockheed Martin Corp       $87,686,343
    Banks – 4.1%        
675,484   JPMorgan Chase & Co       64,684,348
444,089   PNC Financial Services Group Inc       47,370,973
    Total Banks       112,055,321
    Beverages – 2.5%        
515,985   PepsiCo Inc       68,259,656
    Biotechnology – 2.0%        
667,399   AbbVie Inc       54,860,198
    Building Products – 1.7%        
538,237   Trane Technologies PLC       47,052,678
    Capital Markets – 3.3%        
1,263,502   Charles Schwab Corp       47,659,295
230,570   CME Group Inc       41,089,880
    Total Capital Markets       88,749,175
    Chemicals – 4.0%        
353,722   International Flavors & Fragrances Inc       46,348,194
343,255   Linde PLC       63,155,487
    Total Chemicals       109,503,681
    Communications Equipment – 2.8%        
1,819,913   Cisco Systems Inc       77,127,913
    Consumer Finance – 1.9%        
557,881   American Express Co       50,906,641
    Containers & Packaging – 1.8%        
513,038   Packaging Corp of America       49,585,123
    Diversified Telecommunication Services – 2.6%        
2,303,481   AT&T Inc       70,187,066
    Electric Utilities – 2.6%        
306,825   NextEra Energy Inc       70,913,394
      1

Nuveen Santa Barbara Dividend Growth Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    Entertainment – 1.9%        
487,831   Walt Disney Co       $52,758,923
    Equity Real Estate Investment Trust – 3.1%        
226,874   AvalonBay Communities Inc       36,969,118
690,229   CyrusOne Inc       48,419,565
    Total Equity Real Estate Investment Trust       85,388,683
    Food Products – 2.1%        
1,117,238   Mondelez International Inc       57,470,723
    Health Care Equipment & Supplies – 3.7%        
191,822   Becton Dickinson and Co       48,440,809
544,176   Medtronic PLC       53,127,903
    Total Health Care Equipment & Supplies       101,568,712
    Health Care Providers & Services – 6.1%        
236,645   Anthem Inc       66,433,351
344,724   UnitedHealth Group Inc       100,821,428
    Total Health Care Providers & Services       167,254,779
    Hotels, Restaurants & Leisure – 2.1%        
298,001   McDonald's Corp       55,893,068
    Household Products – 1.8%        
674,659   Colgate-Palmolive Co       47,408,288
    Industrial Conglomerates – 1.7%        
331,398   Honeywell International Inc       47,025,376
    Insurance – 3.4%        
376,623   Chubb Ltd       40,679,050
533,624   Marsh & McLennan Cos Inc       51,937,624
    Total Insurance       92,616,674
    IT Services – 6.2%        
422,627   Accenture PLC       78,266,294
686,508   Fidelity National Information Services Inc       90,543,540
    Total IT Services       168,809,834
    Media – 2.5%        
1,808,888   Comcast Corp       68,068,455
    Multi-Utilities – 2.4%        
704,439   WEC Energy Group Inc       63,786,951
    Oil, Gas & Consumable Fuels – 3.9%        
609,418   Chevron Corp       56,066,456
2      

Shares   Description (1)       Value
    Oil, Gas & Consumable Fuels (continued)        
695,330   Phillips 66       $50,877,296
    Total Oil, Gas & Consumable Fuels       106,943,752
    Pharmaceuticals – 6.4%        
715,173   Johnson & Johnson       107,304,557
851,535   Merck & Co Inc       67,560,787
    Total Pharmaceuticals       174,865,344
    Road & Rail – 2.4%        
407,202   Union Pacific Corp       65,066,808
    Semiconductors & Semiconductor Equipment – 2.5%        
585,812   Texas Instruments Inc       67,995,199
    Software – 5.1%        
780,146   Microsoft Corp       139,809,965
    Specialty Retail – 3.0%        
769,549   Lowe's Cos Inc       80,610,258
    Technology Hardware, Storage & Peripherals – 3.5%        
326,348   Apple Inc       95,881,042
    Tobacco – 2.3%        
852,625   Philip Morris International Inc       63,605,825
    Total Long-Term Investments (cost $1,847,458,589)       2,689,715,848
    
Principal Amount (000)   Description (1) Coupon Maturity   Value
    SHORT-TERM INVESTMENTS – 1.3%        
    REPURCHASE AGREEMENTS – 1.3%        
$34,773   Repurchase Agreement with Fixed Income Clearing Corporation, dated 4/30/20, repurchase price $34,773,321, collateralized by $33,740,000 U.S. Treasury Notes, 1.500%, due 10/31/24, value $35,469,175 0.000% 5/01/20   $34,773,321
    Total Short-Term Investments (cost $34,773,321)       34,773,321
    Total Investments (cost $1,882,231,910) – 99.9%       2,724,489,169
    Other Assets Less Liabilities – 0.1%       3,104,014
    Net Assets – 100%       $2,727,593,183
      3

Nuveen Santa Barbara Dividend Growth Fund (continued)
Portfolio of Investments    April 30, 2020
(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. 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. A three-tier hierarchy 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 the reporting entity’s own 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 inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $2,689,715,848 $ — $ — $2,689,715,848
Short-Term Investments:        
Repurchase Agreements  — 34,773,321  — 34,773,321
Total $2,689,715,848 $34,773,321 $ — $2,724,489,169
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
4      

Nuveen Santa Barbara Global Dividend Growth Fund
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 97.9%        
    COMMON STOCKS – 97.9%        
    Aerospace & Defense – 2.5%        
1,239   Lockheed Martin Corp       $482,045
    Banks – 7.1%        
111,700   BOC Hong Kong Holdings Ltd, (2)       342,822
5,156   JPMorgan Chase & Co       493,739
2,200   PNC Financial Services Group Inc       234,674
7,488   Toronto-Dominion Bank       312,872
    Total Banks       1,384,107
    Beverages – 3.3%        
2,603   Heineken NV       221,411
3,162   PepsiCo Inc       418,301
    Total Beverages       639,712
    Capital Markets – 2.4%        
4,685   Charles Schwab Corp       176,718
4,274   Macquarie Group Ltd, (2)       283,123
    Total Capital Markets       459,841
    Chemicals – 1.7%        
2,492   International Flavors & Fragrances Inc       326,527
    Communications Equipment – 2.0%        
9,056   Cisco Systems Inc       383,793
    Consumer Finance – 1.5%        
3,239   American Express Co       295,559
    Containers & Packaging – 4.1%        
47,608   Amcor PLC, (2)       433,835
3,816   Packaging Corp of America       368,816
    Total Containers & Packaging       802,651
    Diversified Financial Services – 1.0%        
17,300   ORIX Corp, (2)       203,578
    Diversified Telecommunication Services – 2.9%        
9,148   AT&T Inc       278,739
179,487   HKT Trust & HKT Ltd, (2)       289,642
    Total Diversified Telecommunication Services       568,381
      5

Nuveen Santa Barbara Global Dividend Growth Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    Electric Utilities – 3.4%        
1,566   NextEra Energy Inc       $361,934
18,832   SSE PLC, (2)       295,387
    Total Electric Utilities       657,321
    Electronic Equipment, Instruments & Components – 1.6%        
10,900   Alps Alpine Co Ltd, (2)       112,426
4,105   Hexagon AB, (2), (3)       201,440
    Total Electronic Equipment, Instruments & Components       313,866
    Entertainment – 1.2%        
2,192   Walt Disney Co       237,065
    Equity Real Estate Investment Trust – 1.6%        
4,576   CyrusOne Inc       321,006
    Food Products – 2.0%        
5,714   Danone SA, (2)       398,249
    Gas Utilities – 1.9%        
82,584   Snam SpA, (2)       370,463
    Health Care Equipment & Supplies – 1.9%        
1,426   Becton Dickinson and Co       360,108
    Health Care Providers & Services – 3.0%        
1,977   UnitedHealth Group Inc       578,213
    Hotels, Restaurants & Leisure – 2.8%        
15,277   Compass Group PLC, (2), (3)       257,072
6,037   Restaurant Brands International Inc       294,488
    Total Hotels, Restaurants & Leisure       551,560
    Household Products – 1.7%        
3,891   Reckitt Benckiser Group PLC, (2)       324,119
    Industrial Conglomerates – 1.9%        
2,635   Honeywell International Inc       373,907
    IT Services – 4.1%        
1,833   Accenture PLC       339,454
3,498   Fidelity National Information Services Inc       461,351
    Total IT Services       800,805
    Media – 2.6%        
13,191   Comcast Corp       496,377
6      

Shares   Description (1)       Value
    Oil, Gas & Consumable Fuels – 5.9%        
3,350   Chevron Corp       $308,200
9,716   Enbridge Inc       297,703
3,757   Phillips 66       274,899
7,575   TOTAL SA, (2)       268,855
    Total Oil, Gas & Consumable Fuels       1,149,657
    Personal Products – 2.1%        
7,971   Unilever PLC, (2)       410,444
    Pharmaceuticals – 9.1%        
22,300   Astellas Pharma Inc, (2)       368,823
3,683   Johnson & Johnson       552,597
4,727   Merck & Co Inc       375,040
4,841   Sanofi, (2)       472,839
    Total Pharmaceuticals       1,769,299
    Professional Services – 1.2%        
7,820   Experian PLC, (2)       234,837
    Road & Rail – 1.9%        
2,375   Union Pacific Corp       379,501
    Semiconductors & Semiconductor Equipment – 2.0%        
3,334   Texas Instruments Inc       386,977
    Software – 6.8%        
4,408   Microsoft Corp       789,958
4,450   SAP SE, (2)       530,027
    Total Software       1,319,985
    Specialty Retail – 1.8%        
3,259   Lowe's Cos Inc       341,380
    Technology Hardware, Storage & Peripherals – 2.2%        
1,458   Apple Inc       428,360
    Tobacco – 2.1%        
5,534   Philip Morris International Inc       412,836
    Trading Companies & Distributors – 1.7%        
17,025   ITOCHU Corp, (2)       333,777
    Wireless Telecommunication Services – 2.9%        
12,600   KDDI Corp, (2)       364,950
      7

Nuveen Santa Barbara Global Dividend Growth Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    Wireless Telecommunication Services (continued)        
142,378   Vodafone Group PLC, (2)       $200,849
    Total Wireless Telecommunication Services       565,799
    Total Long-Term Investments (cost $16,277,215)       19,062,105
    
Principal Amount (000)   Description (1) Coupon Maturity   Value
    SHORT-TERM INVESTMENTS – 2.0%        
    REPURCHASE AGREEMENTS – 2.0%        
$378   Repurchase Agreement with Fixed Income Clearing Corporation, dated 4/30/20, repurchase price $377,593, collateralized by $375,000 U.S. Treasury Notes, 0.125%, due 4/15/25, value $385,743 0.000% 5/01/20   $377,593
    Total Short-Term Investments (cost $377,593)       377,593
    Total Investments (cost $16,654,808) – 99.9%       19,439,698
    Other Assets Less Liabilities – 0.1%       25,587
    Net Assets – 100%       $19,465,285
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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).
8      

The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $12,364,548 $6,697,557 $ — $19,062,105
Short-Term Investments:        
Repurchase Agreements  — 377,593  — 377,593
Total $12,364,548 $7,075,150 $ — $19,439,698
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) For fair value measurement disclosure purposes, investment classified as Level 2.  
(3) Non-income producing; issuer has not declared a dividend within the past twelve months.  
      9

Nuveen Santa Barbara International Dividend Growth Fund
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 97.5%        
    COMMON STOCKS – 97.5%        
    Banks – 5.5%        
39,500   BOC Hong Kong Holdings Ltd       $121,231
3,231   Toronto-Dominion Bank       135,001
    Total Banks       256,232
    Beverages – 2.2%        
1,181   Heineken NV       100,456
    Biotechnology – 2.2%        
4,883   Grifols SA, (2)       100,523
    Capital Markets – 3.4%        
2,399   Macquarie Group Ltd       158,917
    Chemicals – 9.1%        
1,630   Koninklijke DSM NV, (2)       199,776
1,220   Linde PLC, (2)       224,972
    Total Chemicals       424,748
    Containers & Packaging – 3.6%        
18,275   Amcor PLC       166,533
    Diversified Financial Services – 3.0%        
11,700   ORIX Corp       137,680
    Diversified Telecommunication Services – 4.3%        
123,400   HKT Trust & HKT Ltd       199,133
    Electric Utilities – 4.7%        
3,929   Red Electrica Corp SA, (2)       69,157
9,399   SSE PLC       147,427
    Total Electric Utilities       216,584
    Electronic Equipment, Instruments & Components – 4.1%        
6,100   Alps Alpine Co Ltd       62,917
2,599   Hexagon AB, (3)       127,538
    Total Electronic Equipment, Instruments & Components       190,455
    Food Products – 3.5%        
2,302   Danone SA       160,443
10      

Shares   Description (1)       Value
    Gas Utilities – 3.2%        
32,776   Snam SpA       $147,029
    Hotels, Restaurants & Leisure – 5.4%        
7,776   Compass Group PLC, (3)       130,850
2,461   Restaurant Brands International Inc       120,049
    Total Hotels, Restaurants & Leisure       250,899
    Household Products – 2.9%        
1,624   Reckitt Benckiser Group PLC       135,279
    Oil, Gas & Consumable Fuels – 5.9%        
4,557   Enbridge Inc       139,628
3,769   TOTAL SA       133,771
    Total Oil, Gas & Consumable Fuels       273,399
    Personal Products – 2.6%        
2,377   Unilever PLC       122,397
    Pharmaceuticals – 11.9%        
8,100   Astellas Pharma Inc       133,967
3,194   Novo Nordisk A/S, (2)       203,745
2,223   Sanofi       217,129
    Total Pharmaceuticals       554,841
    Professional Services – 2.5%        
3,797   Experian PLC       114,025
    Real Estate Management & Development – 3.2%        
70,736   CapitaLand Ltd, (2), (3)       150,085
    Software – 4.1%        
1,601   SAP SE       190,691
    Trading Companies & Distributors – 4.2%        
10,000   ITOCHU Corp       196,051
    Wireless Telecommunication Services – 6.0%        
5,700   KDDI Corp       165,097
81,815   Vodafone Group PLC       115,414
    Total Wireless Telecommunication Services       280,511
    Total Long-Term Investments (cost $3,991,586)       4,526,911
    
      11

Nuveen Santa Barbara International Dividend Growth Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Principal Amount (000)   Description (1) Coupon Maturity   Value
    SHORT-TERM INVESTMENTS – 2.5%        
    REPURCHASE AGREEMENTS – 2.5%        
$116   Repurchase Agreement with Fixed Income Clearing Corporation, dated 4/30/20, repurchase price $116,074, collateralized by $110,000 U.S. Treasury Notes, 2.500%, due 1/31/25, value $121,764 0.000% 5/01/20   $116,074
    Total Short-Term Investments (cost $116,074)       116,074
    Total Investments (cost $4,107,660) – 100.0%       4,642,985
    Other Assets Less Liabilities – (0.0)%       (2,108)
    Net Assets – 100%       $4,640,877
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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 inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $495,134 $4,031,777 $ — $4,526,911
Short-Term Investments:        
Repurchase Agreements  — 116,074  — 116,074
Total $495,134 $4,147,851 $ — $4,642,985
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) For fair value measurement disclosure purposes, investment classified as Level 2.  
(3) Non-income producing; issuer has not declared a dividend within the past twelve months.  
12      

Nuveen Emerging Markets Equity Fund
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 97.4%        
    COMMON STOCKS – 94.9%        
    Automobiles – 1.8%        
311,300   Astra International Tbk PT, (2)       $79,620
18,296   Tata Motors Ltd, Sponsored ADR       108,312
    Total Automobiles       187,932
    Banks – 9.4%        
9,464   Absa Group Ltd, (2)       46,706
19,500   Banco do Brasil SA, (3)       102,199
663,346   Bank Rakyat Indonesia Persero Tbk PT, (2)       120,654
16,500   China Merchants Bank Co Ltd, (2)       81,262
1,032   Credicorp Ltd       153,789
3,088   HDFC Bank Ltd, ADR       133,865
8,657   ICICI Bank Ltd, Sponsored ADR       84,492
2,916   OTP Bank Nyrt, (2), (3)       86,360
15,640   Sberbank of Russia PJSC, Sponsored ADR, (2)       164,377
    Total Banks       973,704
    Beverages – 2.3%        
28,390   Anadolu Efes Biracilik Ve Malt Sanayii AS, (2), (3)       74,477
25,800   Fomento Economico Mexicano SAB de CV       166,473
    Total Beverages       240,950
    Chemicals – 1.3%        
422   LG Chem Ltd, (2)       131,121
    Diversified Consumer Services – 1.5%        
6,979   Afya Ltd, (3)       151,724
    Diversified Telecommunication Services – 1.1%        
500,289   China Tower Corp Ltd,144A, (2)       111,336
    Electronic Equipment, Instruments & Components – 4.9%        
87,000   E Ink Holdings Inc, (2)       89,698
37,700   Foxconn Industrial Internet Co Ltd, (2)       77,652
17,408   Hangzhou Hikvision Digital Technology Co Ltd, (2)       78,156
40,388   Hon Hai Precision Industry Co Ltd, (2)       103,796
11,969   Yageo Corp, (2)       154,859
    Total Electronic Equipment, Instruments & Components       504,161
      13

Nuveen Emerging Markets Equity Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    Energy Equipment & Services – 0.8%        
216,903   Serba Dinamik Holdings Bhd, (2)       $79,572
    Entertainment – 1.6%        
2,969   Sea Ltd, ADR       165,017
    Food & Staples Retailing – 1.5%        
12,600   Cia Brasileira de Distribuicao       153,436
    Health Care Providers & Services – 1.1%        
117,571   Life Healthcare Group Holdings Ltd       113,286
    Health Care Technology – 1.1%        
50,000   Alibaba Health Information Technology Ltd, (2), (3)       119,600
    Hotels, Restaurants & Leisure – 6.5%        
75,288   Arcos Dorados Holdings Inc       286,847
17,000   Galaxy Entertainment Group Ltd,144A, (2), (3)       109,336
161,600   Wynn Macau Ltd, (2)       279,063
    Total Hotels, Restaurants & Leisure       675,246
    Insurance – 2.9%        
29,280   Ping An Insurance Group Co of China Ltd, (2)       297,961
    Interactive Media & Services – 10.7%        
1,900   Baidu Inc, Sponsored ADR       191,767
3,577   SINA Corp/China, (3)       120,795
15,114   Tencent Holdings Ltd, (2)       794,535
    Total Interactive Media & Services       1,107,097
    Internet & Catalog Retail – 1.1%        
7,924   MakeMyTrip Ltd, (3)       116,958
    Internet & Direct Marketing Retail – 16.3%        
4,573   Alibaba Group Holding Ltd, Sponsored ADR       926,810
16,200   B2W Cia Digital, (3)       218,219
3,804   Baozun Inc, Sponsored ADR       121,119
2,278   JDcom Inc, ADR       98,182
140   MercadoLibre Inc, (3)       81,691
1,556   Naspers Ltd, (2)       242,189
    Total Internet & Direct Marketing Retail       1,688,210
    IT Services – 2.1%        
2,590   GDS Holdings Ltd, ADR       148,459
2,553   Pagseguro Digital Ltd, (3)       64,667
    Total IT Services       213,126
14      

Shares   Description (1)       Value
    Metals & Mining – 1.6%        
30,300   Grupo Mexico SAB de CV       $64,432
23,530   Vedanta Ltd, ADR       106,356
    Total Metals & Mining       170,788
    Multiline Retail – 2.3%        
28,500   Lojas Americanas SA, (3)       130,396
736,300   Matahari Department Store Tbk PT, (2), (3)       59,767
27,569   Woolworths Holdings Ltd/South Africa, (2)       45,402
    Total Multiline Retail       235,565
    Oil, Gas & Consumable Fuels – 2.1%        
17,000   Petroleo Brasileiro SA, (3)       56,428
4,255   Reliance Industries Ltd, Sponsored GDR,144A, (2)       161,463
    Total Oil, Gas & Consumable Fuels       217,891
    Pharmaceuticals – 1.8%        
2,384   Dr Reddy's Laboratories Ltd, ADR       122,037
84,500   Genomma Lab Internacional SAB de CV, (3)       67,317
    Total Pharmaceuticals       189,354
    Semiconductors & Semiconductor Equipment – 9.2%        
40,000   ASE Technology Holding Co Ltd, (2)       89,109
1,099   Koh Young Technology Inc, (2)       73,279
15,756   MediaTek Inc, (2)       217,566
1,083   SK Hynix Inc, (2)       74,529
49,000   Taiwan Semiconductor Manufacturing Co Ltd, (2)       494,302
    Total Semiconductors & Semiconductor Equipment       948,785
    Software – 2.5%        
43,000   Kingsoft Corp Ltd, (2)       147,671
27,200   Linx SA       108,592
    Total Software       256,263
    Specialty Retail – 0.7%        
9,609   Mr Price Group Ltd, (2)       68,462
    Technology Hardware, Storage & Peripherals – 6.7%        
136,000   Lenovo Group Ltd, (2)       73,467
15,022   Samsung Electronics Co Ltd, (2)       617,667
    Total Technology Hardware, Storage & Peripherals       691,134
    Total Common Stocks (cost $10,606,465)       9,808,679
    
      15

Nuveen Emerging Markets Equity Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1), (4)       Value
    EXCHANGE-TRADED FUNDS – 2.5%        
3,991   iShares MSCI India ETF       $107,957
5,836   iShares MSCI Saudi Arabia ETF       149,226
    Total Exchange-Traded Funds (cost $309,189)       257,183
    
Shares   Description (1)       Value
    WARRANTS – 0.0%        
84,686   Serba Dinamik Holdings Bhd       $5,219
    Total Warrants (cost $ —)       5,219
    Total Long-Term Investments (cost $10,915,654)       10,071,081
    
Principal Amount (000)   Description (1) Coupon Maturity   Value
    SHORT-TERM INVESTMENTS – 3.7%        
    REPURCHASE AGREEMENTS – 3.7%        
$383   Repurchase Agreement with Fixed Income Clearing Corporation, dated 4/30/20, repurchase price $382,870, collateralized by $370,000 U.S. Treasury Notes, 1.500%, due 11/30/24, value $391,711 0.000% 5/01/20   $382,870
    Total Short-Term Investments (cost $382,870)       382,870
    Total Investments (cost $11,298,524) – 101.1%       10,453,951
    Other Assets Less Liabilities – (1.1)%       (112,904)
    Net Assets – 100%       $10,341,047
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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).
16      

The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $4,363,665 $5,445,014 $ — $9,808,679
Exchange-Traded Funds 257,183  —  — 257,183
Warrants 5,219  —  — 5,219
Short-Term Investments:        
Repurchase Agreements  — 382,870  — 382,870
Total $4,626,067 $5,827,884 $ — $10,453,951
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) For fair value measurement disclosure purposes, investment classified as Level 2.  
(3) Non-income producing; issuer has not declared a dividend within the past twelve months.  
(4) A copy of the most recent financial statements for these exchange-traded funds can be obtained directly from the Securities and Exchange Commission on its website at http://www.sec.gov.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
ADR American Depositary Receipt  
ETF Exchange-Traded Fund  
GDR Global Depositary Receipt  
MSCI Morgan Stanley Capital International Inc.  
      17

Nuveen International Growth Fund
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 97.7%        
    COMMON STOCKS – 97.7%        
    Aerospace & Defense – 4.7%        
39,834   Airbus SE, (2), (3)       $2,522,229
302,617   BAE Systems PLC, (2)       1,930,222
205,800   CAE Inc, (3)       3,400,553
55,981   Saab AB, (2), (3)       1,276,933
53,600   Thales SA, (2)       4,059,188
    Total Aerospace & Defense       13,189,125
    Banks – 1.5%        
534,000   Banco do Brasil SA, (3)       2,798,691
95,839   HDFC Bank Ltd, (2)       1,256,271
158,610   Security Bank Corp, (2)       320,848
    Total Banks       4,375,810
    Beverages – 1.8%        
82,823   Coca-Cola HBC AG, (2)       2,098,629
86,551   Diageo PLC, (2)       2,979,937
    Total Beverages       5,078,566
    Biotechnology – 1.3%        
19,500   CRISPR Therapeutics AG, (3)       959,400
6,259   Genmab A/S, (2), (3)       1,504,567
97,235   Orchard Therapeutics plc       1,094,866
    Total Biotechnology       3,558,833
    Capital Markets – 6.1%        
194,985   Brookfield Asset Management Inc       6,594,392
591,602   Burford Capital Ltd, (2)       3,716,343
111,300   Hong Kong Exchanges & Clearing Ltd, (2)       3,568,516
34,354   London Stock Exchange Group PLC, (2)       3,215,425
    Total Capital Markets       17,094,676
    Chemicals – 0.7%        
22,373   Chr Hansen Holding A/S, (2)       1,929,083
    Construction & Engineering – 0.8%        
29,026   Eiffage SA, (2), (3)       2,372,056
    Diversified Telecommunication Services – 0.9%        
11,590,000   China Tower Corp Ltd,144A, (2)       2,579,287
18      

Shares   Description (1)       Value
    Electronic Equipment, Instruments & Components – 3.9%        
91,300   Hitachi Ltd, (2)       $2,709,731
14,700   Keyence Corp, (2)       5,248,077
153,085   Softwareone Holding AG       2,943,546
    Total Electronic Equipment, Instruments & Components       10,901,354
    Entertainment – 3.3%        
15,034   Spotify Technology SA, (3)       2,278,703
96,403   Ubisoft Entertainment SA, (2), (3)       7,170,629
    Total Entertainment       9,449,332
    Equity Real Estate Investment Trust – 3.3%        
62,496   Digital Realty Trust Inc       9,342,527
    Food & Staples Retailing – 0.6%        
42,019   Dino Polska SA,144A, (2), (3)       1,776,975
    Food Products – 1.3%        
1,959,320   Ausnutria Dairy Corp Ltd, (2)       3,613,454
    Gas Utilities – 1.1%        
70,227   Rubis SCA, (2)       3,146,346
    Health Care Equipment & Supplies – 0.5%        
14,600   Hoya Corp, (2)       1,331,422
    Health Care Providers & Services – 2.1%        
75,318   Fresenius Medical Care AG & Co KGaA, (2)       5,902,710
    Household Durables – 1.5%        
64,200   Sony Corp, (2)       4,131,532
    Household Products – 1.1%        
82,500   Unicharm Corp, (2)       3,040,414
    Insurance – 4.2%        
420,800   AIA Group Ltd, (2)       3,862,004
511,144   Ping An Insurance Group Co of China Ltd, (2)       5,201,533
208,826   Prudential PLC, (2)       2,945,994
    Total Insurance       12,009,531
    Interactive Media & Services – 3.3%        
176,202   Tencent Holdings Ltd, (2)       9,262,839
    Internet & Direct Marketing Retail – 6.7%        
154,900   Alibaba Group Holding Ltd, (2), (3)       3,931,240
47,167   Alibaba Group Holding Ltd, Sponsored ADR       9,559,336
138,477   Baozun Inc, Sponsored ADR       4,409,108
      19

Nuveen International Growth Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    Internet & Direct Marketing Retail (continued)        
244,004   Trainline PLC,144A, (2), (3)       $1,166,194
    Total Internet & Direct Marketing Retail       19,065,878
    IT Services – 8.1%        
2,633   Adyen NV,144A, (3)       2,600,297
33,288   CANCOM SE, (2)       1,694,721
127,679   GDS Holdings Ltd, ADR       7,318,561
137,972   Keywords Studios PLC, (2)       2,764,053
1,465,431   NEXTDC Ltd, (2), (3)       8,362,883
    Total IT Services       22,740,515
    Leisure Products – 0.4%        
47,403   MIPS AB, (2)       1,193,506
    Life Sciences Tools & Services – 4.2%        
307,035   Clinigen Group Plc       2,792,050
9,766   Eurofins Scientific SE, (2), (3)       5,402,263
23,114   ICON PLC, (3)       3,709,104
    Total Life Sciences Tools & Services       11,903,417
    Machinery – 1.5%        
128,429   Kornit Digital Ltd, (3)       4,260,632
    Oil, Gas & Consumable Fuels – 1.8%        
147,920   Parkland Fuel Corp       3,499,411
83,147   Reliance Industries Ltd, (2)       1,614,423
    Total Oil, Gas & Consumable Fuels       5,113,834
    Personal Products – 1.3%        
243,300   Kitanotatsujin Corp, (2)       1,155,776
44,500   Shiseido Co Ltd, (2), (3)       2,616,297
    Total Personal Products       3,772,073
    Pharmaceuticals – 9.4%        
32,709   AstraZeneca PLC, (2)       3,421,100
2,405,000   China Animal Healthcare Ltd, (3), (4)       310
1,675,231   China Medical System Holdings Ltd, (2)       1,972,033
43,340   Dr Reddy's Laboratories Ltd, ADR       2,218,574
64,467   GlaxoSmithKline PLC, Sponsored ADR       2,712,127
30,796   GW Pharmaceuticals PLC, ADR       3,083,911
46,012   Novo Nordisk A/S, (2)       2,935,106
6,735   Roche Holding AG, (2)       2,332,313
28,414   Sanofi, (2)       2,775,301
142,800   Takeda Pharmaceutical Co Ltd, (2)       5,149,574
    Total Pharmaceuticals       26,600,349
20      

Shares   Description (1)       Value
    Professional Services – 0.7%        
70,300   Recruit Holdings Co Ltd, (2)       $2,050,734
    Real Estate Management & Development – 2.7%        
1,090,571   Aroundtown SA, (2)       5,866,042
34,762   Vonovia SE, (2)       1,718,941
    Total Real Estate Management & Development       7,584,983
    Road & Rail – 0.7%        
22,900   Canadian National Railway Co       1,893,760
    Semiconductors & Semiconductor Equipment – 5.7%        
4,649   ASML Holding NV, (2)       1,357,904
25,590   Broadcom Inc       6,950,756
33,672   Taiwan Semiconductor Manufacturing Co Ltd, Sponsored ADR       1,788,993
305,961   Tower Semiconductor Ltd, (3)       5,885,160
    Total Semiconductors & Semiconductor Equipment       15,982,813
    Software – 5.6%        
14,625   CyberArk Software Ltd, (3)       1,444,365
52,100   Freee KK, (2), (3)       1,841,441
195,367   Open Text Corp       7,414,178
28,403   SAP SE, (2)       3,383,000
169,609   Tufin Software Technologies Ltd, (3)       1,631,639
    Total Software       15,714,623
    Textiles, Apparel & Luxury Goods – 2.6%        
15,840   adidas AG, (2), (3)       3,626,289
6,150   LVMH Moet Hennessy Louis Vuitton SE, (2)       2,377,544
21,872   Puma SE, (2), (3)       1,373,900
    Total Textiles, Apparel & Luxury Goods       7,377,733
    Tobacco – 2.0%        
144,561   British American Tobacco PLC, (2)       5,571,990
    Trading Companies & Distributors – 0.3%        
28,431   Ashtead Group PLC, (2)       776,599
    Total Long-Term Investments (cost $250,916,526)       275,689,311
    
      21

Nuveen International Growth Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Principal Amount (000)   Description (1) Coupon Maturity   Value
    SHORT-TERM INVESTMENTS – 2.4%        
    REPURCHASE AGREEMENTS – 2.4%        
$6,752   Repurchase Agreement with Fixed Income Clearing Corporation, dated 4/30/20, repurchase price $6,752,488, collateralized by $6,555,000 U.S. Treasury Notes, 1.500%, due 10/31/24, value $6,890,944 0.000% 5/01/20   $6,752,488
    Total Short-Term Investments (cost $6,752,488)       6,752,488
    Total Investments (cost $257,669,014) – 100.1%       282,441,799
    Other Assets Less Liabilities – (0.1)%       (168,561)
    Net Assets – 100%       $282,273,238
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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 inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $102,584,640 $173,104,361 $310 $275,689,311
Short-Term Investments:        
Repurchase Agreements  — 6,752,488  — 6,752,488
Total $102,584,640 $179,856,849 $310 $282,441,799
22      

  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) For fair value measurement disclosure purposes, investment classified as Level 2.  
(3) Non-income producing; issuer has not declared a dividend within the past twelve months.  
(4) Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
ADR American Depositary Receipt  
      23

Nuveen Winslow International Small Cap Fund
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 98.5%        
    COMMON STOCKS – 98.5%        
    Aerospace & Defense – 1.2%        
35,700   Kongsberg Gruppen ASA, (2)       $458,754
    Banks – 1.1%        
127,937   Israel Discount Bank Ltd, (2)       415,067
    Beverages – 2.8%        
63,419   Britvic PLC, (2)       583,754
6,642   Royal Unibrew A/S, (2)       513,867
    Total Beverages       1,097,621
    Capital Markets – 1.6%        
7,643   Euronext NV,144A, (2)       641,660
    Chemicals – 2.6%        
51,900   Kemira Oyj, (2)       624,358
32,200   Tosoh Corp, (2)       393,540
    Total Chemicals       1,017,898
    Construction & Engineering – 1.4%        
682,000   China State Construction International Holdings Ltd, (2)       528,759
    Construction Materials – 0.9%        
18,400   Taiheiyo Cement Corp, (2)       361,208
    Containers & Packaging – 0.9%        
22,250   SIG Combibloc Group AG, (2)       360,378
    Distributors – 3.0%        
10,820   D'ieteren SA/NV, (2)       542,237
12,250   PALTAC Corp, (2)       639,744
    Total Distributors       1,181,981
    Diversified Financial Services – 2.6%        
116,300   Mitsubishi UFJ Lease & Finance Co Ltd, (2)       555,337
15,800   Zenkoku Hosho Co Ltd, (2)       460,380
    Total Diversified Financial Services       1,015,717
    Electronic Equipment, Instruments & Components – 5.2%        
35,400   Anritsu Corp, (2)       720,584
26,426   Halma PLC, (2)       694,750
24      

Shares   Description (1)       Value
    Electronic Equipment, Instruments & Components (continued)        
18,950   Spectris PLC, (2)       $639,007
    Total Electronic Equipment, Instruments & Components       2,054,341
    Energy Equipment & Services – 1.0%        
151,420   Saipem SpA, (2)       388,644
    Equity Real Estate Investment Trust – 10.4%        
35,800   alstria office REIT-AG, (2)       536,631
20,800   Canadian Apartment Properties REIT       715,773
115,500   Charter Hall Long Wale REIT, (2)       334,814
783   Japan Hotel REIT Investment Corp, (2)       259,881
537,500   Mapletree Logistics Trust, (2)       680,865
80,000   Safestore Holdings PLC, (2)       723,681
30,200   UNITE Group PLC, (2)       333,475
301,150   Viva Energy REIT, (2)       470,539
    Total Equity Real Estate Investment Trust       4,055,659
    Food Products – 2.3%        
19,400   Fuji Oil Holdings Inc, (2)       452,596
128,300   Vitasoy International Holdings Ltd, (2)       457,581
    Total Food Products       910,177
    Health Care Equipment & Supplies – 4.2%        
3,611   DiaSorin SpA, (2)       615,754
34,659   Fisher & Paykel Healthcare Corp Ltd, (2)       579,039
12,650   Nihon Kohden Corp, (2)       452,485
    Total Health Care Equipment & Supplies       1,647,278
    Health Care Providers & Services – 2.2%        
19,100   Ship Healthcare Holdings Inc, (2)       863,832
    Hotels, Restaurants & Leisure – 1.5%        
17,400   Tokyotokeiba Co Ltd, (2)       573,387
    Household Durables – 3.2%        
35,600   Haseko Corp, (2)       386,495
13,896   Kaufman & Broad SA, (2)       502,194
29,400   Sumitomo Forestry Co Ltd, (2)       363,211
    Total Household Durables       1,251,900
    Independent Power & Renewable Electricity Producers – 1.5%        
29,300   Capital Power Corp       567,076
    Industrial Conglomerates – 1.1%        
6,199   Rheinmetall AG, (2)       419,543
      25

Nuveen Winslow International Small Cap Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    Insurance – 3.2%        
77,800   Beazley PLC, (2)       $384,685
13,709   Topdanmark A/S, (2)       553,395
47,170   UNIQA Insurance Group AG, (2)       318,021
    Total Insurance       1,256,101
    Interactive Media & Services – 1.5%        
92,220   Rightmove PLC, (2)       576,600
    IT Services – 5.5%        
34,300   DTS Corp, (2)       657,389
32,900   Nihon Unisys Ltd, (2)       951,496
27,800   TIS Inc, (2)       530,129
    Total IT Services       2,139,014
    Machinery – 7.1%        
8,400   Daifuku Co Ltd, (2)       587,838
3,780   Kardex AG, (2)       545,924
15,400   METAWATER Co Ltd, (2)       612,432
5,152   Spirax-Sarco Engineering PLC, (2)       563,832
63,400   Tadano Ltd, (2)       483,599
    Total Machinery       2,793,625
    Marine – 1.1%        
56,700   Atlas Corp       422,982
    Metals & Mining – 4.0%        
15,200   Aperam, (2)       393,845
297,000   Nippon Light Metal Holdings Co Ltd, (2)       467,750
434,200   St Barbara Ltd, (2)       714,670
    Total Metals & Mining       1,576,265
    Multiline Retail – 2.7%        
13,000   Seria Co Ltd, (2)       422,504
53,675   Tokmanni Group Corp, (2)       652,943
    Total Multiline Retail       1,075,447
    Oil, Gas & Consumable Fuels – 1.9%        
16,000   Parkland Fuel Corp       378,519
384,641   Saras SpA, (2)       363,242
    Total Oil, Gas & Consumable Fuels       741,761
    Pharmaceuticals – 3.2%        
17,102   Dechra Pharmaceuticals PLC, (2)       595,289
15,387   Recordati SpA, (2)       670,068
    Total Pharmaceuticals       1,265,357
26      

Shares   Description (1)       Value
    Real Estate Management & Development – 4.4%        
34,876   Castellum AB, (2)       $611,718
57,048   Savills PLC, (2)       694,493
19,424   TAG Immobilien AG, (2)       425,457
    Total Real Estate Management & Development       1,731,668
    Road & Rail – 0.9%        
9,500   Sankyu Inc, (2)       365,065
    Semiconductors & Semiconductor Equipment – 1.4%        
29,300   Tower Semiconductor Ltd       563,586
    Software – 1.8%        
32,201   Altium Ltd, (2)       706,856
    Specialty Retail – 1.5%        
84,425   Bilia AB, (2)       572,553
    Thrifts & Mortgage Finance – 0.8%        
106,990   OneSavings Bank PLC, (2)       328,359
    Trading Companies & Distributors – 5.5%        
69,100   BOC Aviation Ltd,144A, (2)       472,497
58,565   Howden Joinery Group PLC, (2)       386,190
18,500   Nishio Rent All Co Ltd, (2)       380,932
37,200   Russel Metals Inc       403,014
10,600   Toromont Industries Ltd       498,035
    Total Trading Companies & Distributors       2,140,668
    Transportation Infrastructure – 1.3%        
700,000   Yuexiu Transport Infrastructure Ltd, (2)       488,653
    Total Long-Term Investments (cost $41,042,513)       38,555,440
    
Principal Amount (000)   Description (1) Coupon Maturity   Value
    SHORT-TERM INVESTMENTS – 2.4%        
    REPURCHASE AGREEMENTS – 2.4%        
$943   Repurchase Agreement with Fixed Income Clearing Corporation, dated 4/30/20, repurchase price $943,277, collaterized by $910,000 U.S. Treasury Notes, 1.500%, due 11/30/24, value $963,397 0.000%     $943,277
    Total Short-Term Investments (cost $943,277)       943,277
    Total Investments (cost $41,985,790) – 100.9%       39,498,717
    Other Assets Less Liabilities – (0.9)%       (346,524)
    Net Assets – 100%       $39,152,193
      27

Nuveen Winslow International Small Cap Fund (continued)
Portfolio of Investments    April 30, 2020
(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. 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. A three-tier hierarchy 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 the reporting entity’s own 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 inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $3,548,985 $35,006,455 $ — $38,555,440
Short-Term Investments:        
Repurchase Agreements  — 943,277  — 943,277
Total $3,548,985 $35,949,732 $ — $39,498,717
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) For fair value measurement disclosure purposes, investment classified as Level 2.  
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.  
REIT Real Estate Investment Trust  
28      

Nuveen Winslow Large-Cap Growth ESG Fund
(formerly known as Nuveen Winslow Large-Cap Growth Fund)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 98.8%        
    COMMON STOCKS – 98.8%        
    Automobiles – 1.6%        
73,850   Ferrari NV       $11,492,537
    Biotechnology – 2.9%        
57,450   Amgen Inc       13,743,189
84,200   BioMarin Pharmaceutical Inc       7,748,084
    Total Biotechnology       21,491,273
    Capital Markets – 2.4%        
52,750   Moody's Corp       12,865,725
14,700   MSCI Inc       4,806,900
    Total Capital Markets       17,672,625
    Chemicals – 1.8%        
39,150   Linde PLC       7,203,209
11,390   Sherwin-Williams Co       6,109,254
    Total Chemicals       13,312,463
    Containers & Packaging – 1.3%        
139,700   Ball Corp       9,162,923
    Equity Real Estate Investment Trust – 3.4%        
51,600   American Tower Corp       12,280,800
18,610   Equinix Inc       12,565,472
    Total Equity Real Estate Investment Trust       24,846,272
    Health Care Equipment & Supplies – 1.2%        
97,350   Abbott Laboratories       8,964,962
    Health Care Providers & Services – 3.4%        
84,300   UnitedHealth Group Inc       24,655,221
    Health Care Technology – 1.5%        
58,350   Veeva Systems Inc       11,133,180
    Hotels, Restaurants & Leisure – 1.0%        
7,900   Chipotle Mexican Grill Inc       6,940,545
    Interactive Media & Services – 10.7%        
16,720   Alphabet Inc       22,549,595
16,380   Alphabet Inc       22,058,946
      29

Nuveen Winslow Large-Cap Growth ESG Fund (continued)
(formerly known as Nuveen Winslow Large-Cap Growth Fund)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    Interactive Media & Services (continued)        
164,000   Facebook Inc       $33,572,440
    Total Interactive Media & Services       78,180,981
    Internet & Direct Marketing Retail – 10.6%        
53,000   Alibaba Group Holding Ltd, Sponsored ADR       10,741,510
26,970   Amazoncom Inc       66,723,780
    Total Internet & Direct Marketing Retail       77,465,290
    IT Services – 13.8%        
55,500   Automatic Data Processing Inc       8,141,295
134,850   Fiserv Inc       13,897,641
83,050   Mastercard Inc       22,836,258
140,250   PayPal Holdings Inc       17,250,750
182,000   Visa Inc       32,527,040
46,250   Wixcom Ltd       6,049,963
    Total IT Services       100,702,947
    Life Sciences Tools & Services – 1.4%        
132,400   Agilent Technologies Inc       10,149,784
    Pharmaceuticals – 6.2%        
346,200   AstraZeneca PLC, Sponsored ADR       18,099,336
98,200   Eli Lilly and Co       15,185,648
89,400   Zoetis Inc       11,560,314
    Total Pharmaceuticals       44,845,298
    Semiconductors & Semiconductor Equipment – 4.1%        
27,700   ASML Holding NV       7,989,511
29,600   Micron Technology Inc       1,417,544
70,250   NVIDIA Corp       20,532,670
    Total Semiconductors & Semiconductor Equipment       29,939,725
    Software – 22.6%        
76,450   Adobe Inc       27,035,778
53,750   Atlassian Corp PLC       8,357,588
71,600   Intuit Inc       19,318,396
394,150   Microsoft Corp       70,635,621
193,300   salesforcecom Inc       31,304,935
22,650   ServiceNow Inc       7,962,381
    Total Software       164,614,699
    Specialty Retail – 1.7%        
57,800   Home Depot Inc       12,706,174
    Technology Hardware, Storage & Peripherals – 4.8%        
120,100   Apple Inc       35,285,380
30      

Shares   Description (1)       Value
    Textiles, Apparel & Luxury Goods – 2.4%        
6,100   Lululemon Athletica Inc       $1,363,228
184,000   NIKE Inc       16,041,120
    Total Textiles, Apparel & Luxury Goods       17,404,348
    Total Long-Term Investments (cost $411,919,177)       720,966,627
    
Principal Amount (000)   Description (1) Coupon Maturity   Value
    SHORT-TERM INVESTMENTS – 1.2%        
    REPURCHASE AGREEMENTS – 1.2%        
$8,568   Repurchase Agreement with Fixed Income Clearing Corporation, dated 4/30/20, repurchase price $8,568,314, collaterized by $8,315,000 U.S. Treasury Notes, 1.500%, due 10/31/24, value $8,741,144 0.000%     $8,568,314
    Total Short-Term Investments (cost $8,568,314)       8,568,314
    Total Investments (cost $420,487,491) – 100.0%       729,534,941
    Other Assets Less Liabilities – 0.0%       23,086
    Net Assets – 100%       $729,558,027
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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).
      31

Nuveen Winslow Large-Cap Growth ESG Fund (continued)
(formerly known as Nuveen Winslow Large-Cap Growth Fund)
Portfolio of Investments    April 30, 2020
(Unaudited)
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $720,966,627 $ — $ — $720,966,627
Short-Term Investments:        
Repurchase Agreements  — 8,568,314  — 8,568,314
Total $720,966,627 $8,568,314 $ — $729,534,941
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
ADR American Depositary Receipt  
32      

Nuveen Winslow International Large Cap Fund
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 98.9%        
    COMMON STOCKS – 98.9%        
    Aerospace & Defense – 2.3%        
9,420   BAE Systems PLC, (2)       $60,085
57   Dassault Aviation SA, (2)       46,421
    Total Aerospace & Defense       106,506
    Air Freight & Logistics – 1.3%        
2,108   Deutsche Post AG, (2)       62,623
    Airlines – 0.9%        
2,450   Japan Airlines Co Ltd, (2)       43,703
    Auto Components – 1.1%        
535   Cie Generale des Etablissements Michelin SCA, (2)       51,692
    Automobiles – 2.1%        
1,605   Toyota Motor Corp, (2)       99,232
    Banks – 6.5%        
10,500   Bank Leumi Le-Israel BM, (2)       56,575
15,000   BOC Hong Kong Holdings Ltd, (2)       46,037
4,340   DBS Group Holdings Ltd, (2)       61,103
875   KBC Group NV, (2)       47,461
105,265   Lloyds Banking Group PLC, (2)       42,591
875   Royal Bank of Canada       53,828
    Total Banks       307,595
    Beverages – 4.1%        
1,830   Coca-Cola HBC AG, (2)       46,370
2,370   Kirin Holdings Co Ltd, (2)       45,737
310   Pernod Ricard SA, (2)       47,335
7,910   Treasury Wine Estates Ltd, (2)       52,027
    Total Beverages       191,469
    Building Products – 1.8%        
1,645   Kingspan Group PLC       83,824
    Capital Markets – 4.6%        
6,155   3i Group PLC, (2)       60,466
330   Deutsche Boerse AG, (2)       51,163
550   Euronext NV,144A, (2)       46,175
      33

Nuveen Winslow International Large Cap Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    Capital Markets (continued)        
870   Macquarie Group Ltd, (2)       $57,631
    Total Capital Markets       215,435
    Chemicals – 2.8%        
436   Sika AG, (2)       72,119
4,750   Tosoh Corp, (2)       58,053
    Total Chemicals       130,172
    Commercial Services & Supplies – 3.5%        
10,010   Brambles Ltd, (2)       71,547
1,120   Secom Co Ltd, (2)       93,206
    Total Commercial Services & Supplies       164,753
    Construction & Engineering – 1.6%        
950   Eiffage SA, (2)       77,636
    Diversified Telecommunication Services – 1.0%        
905   Cellnex Telecom SA,144A, (2)       47,336
    Electric Utilities – 0.9%        
6,536   Enel SpA, (2)       44,644
    Equity Real Estate Investment Trust – 2.3%        
7,720   Goodman Group, (2)       65,753
3,720   UNITE Group PLC, (2)       41,077
    Total Equity Real Estate Investment Trust       106,830
    Food & Staples Retailing – 2.3%        
2,020   Alimentation Couche-Tard Inc       56,365
2,180   Koninklijke Ahold Delhaize NV, (2)       52,931
    Total Food & Staples Retailing       109,296
    Food Products – 1.9%        
851   Nestle SA, (2)       90,129
    Gas Utilities – 1.0%        
10,549   Snam SpA, (2)       47,322
    Health Care Equipment & Supplies – 5.1%        
1,000   GN Store Nord A/S, (2)       45,636
705   Hoya Corp, (2)       64,291
3,079   Smith & Nephew PLC, (2)       60,253
89   Straumann Holding AG, (2)       67,714
    Total Health Care Equipment & Supplies       237,894
    Health Care Providers & Services – 1.5%        
3,995   Sonic Healthcare Ltd, (2)       70,553
34      

Shares   Description (1)       Value
    Hotels, Restaurants & Leisure – 1.1%        
3,055   Aristocrat Leisure Ltd, (2)       $50,101
    Insurance – 4.4%        
307   Allianz SE, (2)       56,498
2,725   AXA SA, (2)       48,441
325   Hannover Rueck SE, (2)       51,784
145   Swiss Life Holding AG, (2)       51,420
    Total Insurance       208,143
    IT Services – 3.3%        
55   Adyen NV,144A, (3)       54,317
775   CGI Inc       49,425
2,775   TIS Inc, (2)       52,917
    Total IT Services       156,659
    Leisure Products – 2.2%        
2,100   Bandai Namco Holdings Inc, (2)       104,929
    Life Sciences Tools & Services – 1.3%        
138   Lonza Group AG, (2)       60,260
    Machinery – 0.9%        
1,660   Mitsubishi Heavy Industries Ltd, (2)       42,568
    Metals & Mining – 1.7%        
3,960   BHP Group Ltd, (2)       80,841
    Multiline Retail – 1.3%        
3,150   Pan Pacific International Holdings Corp, (2)       61,027
    Multi-Utilities – 3.0%        
4,825   Engie SA, (2)       52,349
1,782   RWE AG, (2)       51,264
1,744   Veolia Environnement SA, (2)       37,180
    Total Multi-Utilities       140,793
    Oil, Gas & Consumable Fuels – 4.3%        
13,380   BP PLC, (2)       52,723
3,030   Neste Oyj, (2)       107,006
4,544   Repsol SA, (2)       41,245
    Total Oil, Gas & Consumable Fuels       200,974
    Personal Products – 1.0%        
888   Unilever PLC, (2)       45,725
    Pharmaceuticals – 9.2%        
800   AstraZeneca PLC, (2)       83,674
      35

Nuveen Winslow International Large Cap Fund (continued)
Portfolio of Investments    April 30, 2020
(Unaudited)
Shares   Description (1)       Value
    Pharmaceuticals (continued)        
732   Novartis AG, (2)       $62,468
1,169   Novo Nordisk A/S, (2)       74,570
1,320   Recordati SpA, (2)       57,483
209   Roche Holding AG, (2)       72,376
1,500   Shionogi & Co Ltd, (2)       82,841
    Total Pharmaceuticals       433,412
    Professional Services – 1.6%        
1,005   Wolters Kluwer NV       73,921
    Real Estate Management & Development – 0.9%        
8,080   Aroundtown SA, (2)       43,461
    Road & Rail – 1.6%        
1,200   West Japan Railway Co, (2)       74,157
    Semiconductors & Semiconductor Equipment – 3.5%        
205   ASML Holding NV, (2)       59,878
500   Tokyo Electron Ltd, (2)       106,490
    Total Semiconductors & Semiconductor Equipment       166,368
    Software – 5.0%        
642   Check Point Software Technologies Ltd       67,885
100   Constellation Software Inc       96,162
426   Nice Ltd, (2)       69,962
    Total Software       234,009
    Technology Hardware, Storage & Peripherals – 1.2%        
3,280   Brother Industries Ltd, (2)       55,591
    Textiles, Apparel & Luxury Goods – 1.8%        
381   adidas AG, (2), (3)       87,223
    Trading Companies & Distributors – 1.0%        
6,650   BOC Aviation Ltd,144A, (2)       45,472
    Total Long-Term Investments (cost $4,773,085)       4,654,278
    Other Assets Less Liabilities – 1.1%       53,082
    Net Assets – 100%       $4,707,360
36      

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. 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. A three-tier hierarchy 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 the reporting entity’s own 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 inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $535,727 $4,118,551 $ — $4,654,278
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) For fair value measurement disclosure purposes, investment classified as Level 2.  
(3) Non-income producing; issuer has not declared a dividend 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.  
      37