NPORT-EX 2 NCIB.htm
1
Nuveen
Core
Impact
Bond
Managed
Accounts
Portfolio
Portfolio
of
Investments
July
31,
2022
(Unaudited)
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
LONG-TERM
INVESTMENTS
-
98.7%   
X
5,520,360
CORPORATE
BONDS
-
60.6%
X
5,520,360
Banks
-
8.3%
$
200
ABN
AMRO
Bank
NV,
144A
2.470%
12/13/29
A
$
174,118
200
Bank
Hapoalim
BM,
Reg
S,
144A
3.255%
1/21/32
BBB
172,046
250
BPCE
SA,
144A
2.045%
10/19/27
A
223,611
200
ING
Groep
NV,
144A
1.400%
7/01/26
A+
182,728
850
Total
Banks
752,503
Beverages
-
2.3%
250
PepsiCo
Inc
2.875%
10/15/49
A+
209,432
Chemicals
-
2.6%
250
LG
Chem
Ltd,
144A
3.625%
4/15/29
A3
240,162
Commercial
Services
&
Supplies
-
3.0%
100
Massachusetts
Higher
Education
Assistance
Corp
2.673%
7/01/31
Aa3
89,913
250
Rockefeller
Foundation
2.492%
10/01/50
AAA
183,644
350
Total
Commercial
Services
&
Supplies
273,557
Diversified
Consumer
Services
-
0.8%
100
Bush
Foundation
2.754%
10/01/50
Aaa
72,555
Diversified
Financial
Services
-
2.6%
250
WLB
Asset
II
B
Pte
Ltd,
144A
3.950%
12/10/24
N/R
236,189
Diversified
Telecommunication
Services
-
1.7%
200
Verizon
Communications
Inc
2.850%
9/03/41
A-
156,990
Electric
Utilities
-
12.8%
250
MidAmerican
Energy
Co
3.150%
4/15/50
Aa2
202,832
250
Niagara
Mohawk
Power
Corp,
144A
1.960%
6/27/30
BBB+
213,374
120
PacifiCorp
2.900%
6/15/52
A+
92,007
200
Southern
California
Edison
Co
3.650%
6/01/51
A-
162,375
200
Southwestern
Electric
Power
Co
3.250%
11/01/51
A-
153,568
250
Southwestern
Public
Service
Co
3.750%
6/15/49
A
217,810
150
Southwestern
Public
Service
Co
3.150%
5/01/50
A
120,735
1,420
Total
Electric
Utilities
1,162,701
Equity
Real
Estate
Investment
Trusts
-
5.3%
200
Host
Hotels
&
Resorts
LP
2.900%
12/15/31
BBB-
160,490
200
Regency
Centers
LP
3.750%
6/15/24
BBB+
198,659
125
Starwood
Property
Trust
Inc,
144A
5.500%
11/01/23
BB+
124,063
525
Total
Equity
Real
Estate
Investment
Trusts
483,212
Nuveen
Core
Impact
Bond
Managed
Accounts
Portfolio
(continued)
Portfolio
of
Investments
July
31,
2022
(Unaudited)
2
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
Gas
Utilities
-
2.2%
$
200
NiSource
Inc
5.000%
6/15/52
BBB+
$
202,205
Hotels,
Restaurants
&
Leisure
-
2.1%
200
Starbucks
Corp
4.450%
8/15/49
BBB+
189,244
Independent
Power
And
Renewable
Electricity
Prod
-
2.0%
200
Atlantica
Sustainable
Infrastructure
PLC,
144A
4.125%
6/15/28
BB+
182,897
Independent
Power
Producers
&
Energy
Traders
-
6.0%
250
AES
Corp
2.450%
1/15/31
BBB-
211,315
200
Sweihan
PV
Power
Co
PJSC,
144A
3.625%
1/31/49
BBB+
168,120
190
UEP
Penonome
II
SA2020
1,
144A
6.500%
10/01/38
BB
172,270
640
Total
Independent
Power
Producers
&
Energy
Traders
551,705
Oil,
Gas
&
Consumable
Fuels
-
0.9%
100
TotalEnergies
Capital
International
SA
3.127%
5/29/50
A+
80,916
Paper
&
Forest
Products
-
2.1%
200
Inversiones
CMPC
SA,
144A
4.375%
4/04/27
BBB
191,250
Semiconductors
&
Semiconductor
Equipment
-
4.5%
250
NXP
BV
/
NXP
Funding
LLC
/
NXP
USA
Inc
3.400%
5/01/30
BBB
228,110
225
SK
Hynix
Inc,
144A
2.375%
1/19/31
Baa2
178,387
475
Total
Semiconductors
&
Semiconductor
Equipment
406,497
Software
-
1.4%
150
Autodesk
Inc
2.400%
12/15/31
A3
128,345
$
6,360
Total
Corporate
Bonds
(cost
$6,536,909)
5,520,360
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
X
2,408,124
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
-
26.4%
X
2,408,124
$
2
Banc
of
America
Mortgage
2004-K
Trust
2004
K
2.617%
12/25/34
N/R
$
1,815
250
BFLD
Trust
2020-EYP
(1-Month
LIBOR
reference
rate
+
2.100%
spread)
2020
EYP(3)
4.099%
10/15/35
A-
238,286
250
Century
Plaza
Towers
2019-CPT
2019
CPT
2.997%
11/13/39
N/R
193,432
100
DBUBS
2017-BRBK
Mortgage
Trust
2017
BRBK
3.452%
10/10/34
AAA
97,231
3
Fannie
Mae
Pool
BT0267
3.000%
9/01/51
N/R
2,773
3
Fannie
Mae
Pool
BU8837
5.000%
5/01/52
N/R
2,915
5
Fannie
Mae
Pool
CA6414
3.000%
7/01/50
N/R
4,773
1
Fannie
Mae
Pool
CB3149
2.000%
3/01/52
N/R
884
25
Fannie
Mae
Pool
CB3297
2.500%
4/01/52
N/R
23,042
9
Fannie
Mae
Pool
MA4518
3.000%
1/01/37
N/R
8,612
15
Fannie
Mae
Pool
MA4567
2022
2022
2.000%
3/01/37
N/R
14,605
5
Fannie
Mae
Pool
MA4570
2.000%
3/01/42
N/R
4,474
27
Fannie
Mae
Pool
MA4644
2022
1
4.000%
5/01/52
N/R
26,772
7
Fannie
Mae
Pool
MA4709
,
(WI/DD,
Settling
8/11/22)
5.000%
7/01/52
N/R
7,140
8
Freddie
Mac
Gold
Pool
G08760
3.000%
4/01/47
N/R
7,379
142
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
2020
Q014
1.555%
1/25/36
N/R
125,261
5
Freddie
Mac
Pool
QD1349
3.500%
11/01/51
N/R
4,747
5
Ginnie
Mae
II
Pool
BX3679
3.000%
8/20/50
N/R
5,277
7
Ginnie
Mae
II
Pool
BX3680
3.000%
8/20/50
N/R
7,105
3
Ginnie
Mae
II
Pool
BX3681
3.000%
8/20/50
N/R
2,821
20
Ginnie
Mae
II
Pool
BY0325
2.500%
10/20/50
N/R
18,867
1
Ginnie
Mae
II
Pool
BY0330
3.000%
10/20/50
N/R
666
1
Ginnie
Mae
II
Pool
BY0331
3.000%
10/20/50
N/R
1,069
3
Ginnie
Mae
II
Pool
BY0338
3.500%
8/20/50
N/R
3,276
3
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
$
3
Ginnie
Mae
II
Pool
BY0339
3.500%
8/20/50
N/R
$
2,619
3
Ginnie
Mae
II
Pool
BY0340
3.500%
8/20/50
N/R
2,773
57
Ginnie
Mae
II
Pool
MA7589
2.500%
9/20/51
N/R
54,572
3
Ginnie
Mae
II
Pool
MA8043
3.000%
5/20/52
N/R
2,904
3
Ginnie
Mae
II
Pool
MA8149
3.500%
7/20/52
N/R
2,989
86
GoodLeap
Sustainable
Home
Solutions
Trust
2021-3
2021
3CS
2.100%
5/20/48
N/R
75,137
135
GoodLeap
Sustainable
Home
Solutions
Trust
2021-4
2021
4GS
2.360%
7/20/48
BBB
111,000
235
Hudson
Yards
2019-30HY
Mortgage
Trust
2019
30HY
3.228%
7/10/39
AAA
218,871
159
Loanpal
Solar
Loan
2021-2
Ltd
2021
2GS
2.220%
3/20/48
N/R
134,501
155
Mosaic
Solar
Loan
Trust
2020-2
2020
2A
1.440%
8/20/46
N/R
136,115
174
Mosaic
Solar
Loan
Trust
2021-3
2021
3A
1.920%
6/20/52
N/R
152,188
250
Natixis
Commercial
Mortgage
Securities
Trust
2019-MILE
(1-Month
LIBOR
reference
rate
+
1.500%
spread)
2019
MILE(3)
3.499%
7/15/36
N/R
245,732
73
Vivint
Solar
Financing
V
LLC
2018
1A
7.370%
4/30/48
N/R
70,850
234
Vivint
Solar
Financing
VII
LLC
2020
1A
2.210%
7/31/51
N/R
204,018
200
VNDO
Trust
2016-350P
2016
350P
3.903%
1/10/35
AA-
190,633
$
2,666
Total
Asset-Backed
and
Mortgage-Backed
Securities
(cost
$2,697,212)
2,408,124
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(4)
Ratings
(2)
Value
X
709,919
MUNICIPAL
BONDS
-
7.8%
X
709,919
California
-
3.7%
$
200
Los
Angeles
Department
of
Airports,
California,
Customer
Facility
Charge
Revenue
Bonds,
Los
Angeles
International
Airport,
Consolidated
Rental
Car
Facility
Project,
Green
Series
2022A,
4.242%,
5/15/48
-
AGM
Insured
5/32
at
100.00
N/R
$
188,392
185
San
Francisco
City
and
County
Public
Utilities
Commission,
California,
Power
Revenue
Bonds,
Taxable
Refunding
Series
2020E,
2.825%,
11/01/41
11/30
at
100.00
Aa2
151,152
385
Total
California
339,544
Massachusetts
-
1.7%
170
Massachusetts
Clean
Energy
Cooperative
Corp,
2.020%,
7/01/28
No
Opt.
Call
N/R
155,863
Michigan
-
2.4%
250
Great
Lakes
Water
Authority,
Michigan,
Sewer
Disposal
System
Revenue
Bonds,
Taxable
Refunding
Senior
Lien
Series
2020A,
3.056%,
7/01/39
No
Opt.
Call
AA-
214,512
$
805
Total
Municipal
Bonds
(cost
$827,475)
709,919
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
X
171,262
SOVEREIGN
DEBT
-
1.9%
X
171,262
Peru
-
1.9%
$
200
Peruvian
Government
International
Bond
3.000%
1/15/34
Baa1
$
171,262
$
200
Total
Sovereign
Debt
(cost
$196,192)
171,262
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
X
96,719
U.S.
GOVERNMENT
AND
AGENCY
OBLIGATIONS
-
1.1%
X
96,719
$
100
United
States
Treasury
Note/Bond
2.875%
05/15/52
Aaa
$
96,719
$
100
Total
U.S.
Government
and
Agency
Obligations
(cost
$90,540)
96,719
Nuveen
Core
Impact
Bond
Managed
Accounts
Portfolio
(continued)
Portfolio
of
Investments
July
31,
2022
(Unaudited)
4
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
–
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
–
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
–
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Gh
Principal
Amount
(000)
Description
(1)
Coupon
(5)
Reference
Rate
(5)
Spread
(5)
Maturity
(6)
Ratings
(2)
Value
X
82,981
VARIABLE
RATE
SENIOR
LOAN
INTERESTS
-
0.9%
(5)
X
82,981
Electric
Utilities
-
0.9%
$
84
ExGen
Renewables
IV,
LLC,
Term
Loan
4.080%
3-Month
LIBOR
2.500%
12/15/27
BB-
$
82,981
$
84
Total
Variable
Rate
Senior
Loan
Interests
(cost
$84,098)
82,981
Total
Long-Term
Investments
(cost
$10,432,426)
8,989,365
Other
Assets
Less
Liabilities
-  1.3%
115,798
Net
Assets
-
100%
$
9,105,163
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Bonds
$
–
$
5,520,360
$
–
$
5,520,360
Asset-Backed
and
Mortgage-Backed
Securities
–
2,408,124
–
2,408,124
Municipal
Bonds
–
709,919
–
709,919
Sovereign
Debt
–
171,262
–
171,262
U.S.
Government
and
Agency
Obligations
–
96,719
–
96,719
Variable
Rate
Senior
Loan
Interests
–
82,981
–
82,981
Total
$
–
$
8,989,365
$
–
$
8,989,365
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
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.
(3)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(4)
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.
5
(5)
Senior
loans
generally
pay
interest
at
rates
which
are
periodically
adjusted
by
reference
to
a
base
short-term,
floating
lending
rate
(Reference
Rate)
plus
an
assigned
fixed
rate
(Spread).
These
floating
lending
rates
are
generally
(i)
the
lending
rate
referenced
by
the
London
Inter-Bank
Offered
Rate
("LIBOR"),
or
(ii)
the
prime
rate
offered
by
one
or
more
major
United
States
banks.
Senior
loans
may
be
considered
restricted
in
that
the
Fund
ordinarily
is
contractually
obligated
to
receive
approval
from
the
agent
bank
and/or
borrower
prior
to
the
disposition
of
a
senior
loan.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(6)
Senior
loans
generally
are
subject
to
mandatory
and/or
optional
prepayment.
Because
of
these
mandatory
prepayment
conditions
and
because
there
may
be
significant
economic
incentives
for
a
borrower
to
prepay,
prepayments
of
senior
loans
may
occur.
As
a
result,
the
actual
remaining
maturity
of
senior
loans
held
may
be
substantially
less
than
the
stated
maturities
shown.
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.
LIBOR
London
Inter-Bank
Offered
Rate
Reg
S
Regulation
S
allows
U.S.
companies
to
sell
securities
to
persons
or
entities
located
outside
of
the
United
States
without
registering
those
securities
with
the
Securities
and
Exchange
Commission.
Specifically,
Regulation
S
provides
a
safe
harbor
from
the
registration
requirements
of
the
Securities
Act
for
the
offers
and
sales
of
securities
by
both
foreign
and
domestic
issuers
that
are
made
outside
the
United
States.
WI/DD
Purchased
on
a
when-issued
or
delayed
delivery
basis.