1

Nuveen

Global

Net

Zero

Transition

ETF

(NTZG)

Portfolio

of

Investments

October

31,

2022

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

95.4%  

COMMON

STOCKS

-

95.4%

Communication

Services

-

4.0%

800

Alphabet

Inc,

Class

A

(2)

$

75,608

3,688

AT&T

Inc

67,232

572

Walt

Disney

Co

(2)

60,941

Total

Communication

Services

203,781

Consumer

Discretionary

-

9.8%

1,320

Amazon.com

Inc

(2)

135,221

280

EssilorLuxottica

SA

44,375

148

Kering

SA

67,828

256

McDonald's

Corp

69,801

476

NIKE

Inc,

Class

B

44,115

612

Starbucks

Corp

52,993

5,636

Toyota

Motor

Corp

(2)

78,093

Total

Consumer

Discretionary

492,426

Consumer

Staples

-

7.1%

1,448

Diageo

PLC

59,984

308

J

M

Smucker

Co/The

46,404

476

Procter

&

Gamble

Co

64,103

772

Reckitt

Benckiser

Group

PLC

51,375

952

Walmart

Inc

135,498

Total

Consumer

Staples

357,364

Energy

-

9.5%

1,692

Baker

Hughes

Co

46,801

588

Cheniere

Energy

Inc

103,729

1,624

Neste

Oyj

71,169

272

Pioneer

Natural

Resources

Co

69,744

1,300

Reliance

Industries

Ltd,

Sponsored

GDR,

144A

79,365

3,940

Shell

PLC

109,053

Total

Energy

479,861

Financials

-

8.5%

448

Bank

of

Montreal

41,215

20,372

Barclays

PLC

34,658

236

Chubb

Ltd

50,714

965

Commonwealth

Bank

of

Australia

64,595

1,448

Fifth

Third

Bancorp

51,679

3,856

ING

Groep

NV

37,936

434

London

Stock

Exchange

Group

PLC

37,806

672

MetLife

Inc

49,197

1,292

Wells

Fargo

&

Co

59,419

Total

Financials

427,219

Health

Care

-

13.0%

586

AstraZeneca

PLC

69,183

916

Centene

Corp

(2)

77,979

292

Cigna

Corp

94,334

324

Eli

Lilly

&

Co

117,317

424

Johnson

&

Johnson

73,763

700

Medtronic

PLC

61,138

1,120

Merck

&

Co

Inc

113,344

1,088

Siemens

Healthineers

AG,

144A

50,089

Total

Health

Care

657,147

Nuveen

Global

Net

Zero

Transition

ETF

(NTZG)

(continued)

Portfolio

of

Investments

October

31,

2022

(Unaudited)

2

Part

F

of

Form

N-PORT

was

prepared

in

accordance

with

U.S.

generally

accepted

accounting

principles

(“U.S.

GAAP”)

and

in

conformity

with

the

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission

(“SEC”)

related

to

interim

filings.

Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report

pursuant

to

the

rules

of

the

SEC.

For

a

full

set

of

the

Fund’s

notes

to

financial

statements,

please

refer

to

the

Fund’s

most

recently

filed

annual

or

semi-annual

report.

Shares

Description

(1)

Value

Industrials

-

8.6%

1,752

Flowserve

Corp

$

50,247

280

Honeywell

International

Inc

57,126

420

Quanta

Services

Inc

59,657

784

Schneider

Electric

SE

99,384

396

Trane

Technologies

PLC

63,213

236

Union

Pacific

Corp

46,525

598

Vinci

SA

55,073

Total

Industrials

431,225

Information

Technology

-

22.6%

35

Adyen

NV,

144A

(2)

50,249

454

Block

Inc

(2)

27,272

112

Broadcom

Inc

52,653

280

Capgemini

SE

46,008

14,000

E

Ink

Holdings

Inc

89,285

2,100

Infineon

Technologies

AG

51,141

88

Keyence

Corp

33,344

108

KLA

Corp

34,177

240

Mastercard

Inc,

Class

A

78,763

3,000

MediaTek

Inc

54,931

816

Microsoft

Corp

189,418

716

Murata

Manufacturing

Co

Ltd

35,165

1,516

ON

Semiconductor

Corp

(2)

93,128

1,268

Oracle

Corp

98,993

536

Salesforce

Inc

(2)

87,148

60

Samsung

SDI

Co

Ltd

31,044

1,350

Taiwan

Semiconductor

Manufacturing

Co

Ltd,

Sponsored

ADR

(2)

83,092

Total

Information

Technology

1,135,811

Materials

-

3.8%

2,254

BHP

Group

Ltd

53,848

548

Crown

Holdings

Inc

37,587

332

Linde

PLC

98,720

Total

Materials

190,155

Real

Estate

-

2.0%

1,484

American

Homes

4

Rent,

Class

A

47,399

1,704

VICI

Properties

Inc

54,562

Total

Real

Estate

101,961

Utilities

-

6.5%

1,052

Constellation

Energy

Corp

99,456

828

Dominion

Energy

Inc

57,935

9,580

Enel

SpA

42,788

668

NextEra

Energy

Inc

51,770

1,900

RWE

AG

73,218

Total

Utilities

325,167

Total

Long-Term

Investments

(cost

$4,739,968)

4,802,117

Other

Assets

Less

Liabilities

-

4.6%

233,060

Net

Assets

-

100%

$

5,035,177

3

Fair

Value

Measurements

The

Fund’s

investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Board

of

Directors/

Trustees.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

which

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management’s

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels.

Level

1

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

2

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

3

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management’s

assumptions

in

determining

the

fair

value

of

investments).

The

following

table

summarizes

the

market

value

of

the

Fund's

investments

as

of

the

end

of

the

reporting

period,

based

on

the

inputs

used

to

value

them:

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

4,722,752

$

79,365

$

–

$

4,802,117

Total

$

4,722,752

$

79,365

$

–

$

4,802,117

For

Fund

portfolio

compliance

purposes,

the

Fund’s

industry

classifications

refer

to

any

one

or

more

of

the

industry

sub-classifications

used

by

one

or

more

widely

recognized

market

indexes

or

ratings

group

indexes,

and/or

as

defined

by

Fund

management.

This

definition

may

not

apply

for

purposes

of

this

report,

which

may

combine

industry

sub-classifications

into

sectors

for

reporting

ease.

(1)

All

percentages

shown

in

the

Portfolio

of

Investments

are

based

on

net

assets.

(2)

Non-income

producing;

issuer

has

not

declared

an

ex-dividend

date

within

the

past

twelve

months.

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

GDR

Global

Depositary

Receipt