1

Nuveen

Global

Net

Zero

Transition

ETF

(NTZG)

Portfolio

of

Investments

April

30,

2023

(Unaudited)

Shares

Description

(1)

Value

LONG-TERM

INVESTMENTS

-

98.3%  

X

5,405,418

COMMON

STOCKS

-

98.3%

X

5,405,418

Communication

Services

-

5.8%

800

Alphabet

Inc,

Class

A

(2)

$

85,872

3,688

AT&T

Inc

65,167

2,500

Tencent

Holdings

Ltd

109,683

572

Walt

Disney

Co/The

(2)

58,630

Total

Communication

Services

319,352

Consumer

Discretionary

-

11.8%

1,742

Amazon.com

Inc

(2)

183,694

148

Kering

SA

94,718

256

McDonald's

Corp

75,712

476

NIKE

Inc,

Class

B

60,319

9,200

Panasonic

Holdings

Corp

86,044

612

Starbucks

Corp

69,945

5,636

Toyota

Motor

Corp

(2)

76,863

Total

Consumer

Discretionary

647,295

Consumer

Staples

-

6.6%

1,140

Anheuser-Busch

InBev

SA/NV

74,381

1,117

Kraft

Heinz

Co/The

43,865

476

Procter

&

Gamble

Co/The

74,437

772

Reckitt

Benckiser

Group

PLC

62,392

693

Walmart

Inc

104,622

Total

Consumer

Staples

359,697

Energy

-

9.7%

588

Cheniere

Energy

Inc

89,964

1,624

Neste

Oyj

78,780

848

Occidental

Petroleum

Corp

52,177

272

Pioneer

Natural

Resources

Co

59,174

1,300

Reliance

Industries

Ltd,

Sponsored

GDR,

144A

77,480

1,102

Schlumberger

NV

54,384

3,940

Shell

PLC

121,427

Total

Energy

533,386

Financials

-

10.5%

46

Adyen

NV,

144A

(2)

73,738

448

Bank

of

Montreal

40,341

236

Chubb

Ltd

47,568

965

Commonwealth

Bank

of

Australia

63,364

3,856

ING

Groep

NV

47,679

562

JPMorgan

Chase

&

Co

77,691

434

London

Stock

Exchange

Group

PLC

45,527

240

Mastercard

Inc

91,207

672

MetLife

Inc

41,214

1,292

Wells

Fargo

&

Co

51,357

Total

Financials

579,686

Health

Care

-

12.5%

586

AstraZeneca

PLC

86,514

916

Centene

Corp

(2)

63,140

292

Cigna

Group/The

73,961

280

EssilorLuxottica

SA

55,456

588

Gilead

Sciences

Inc

48,339

578

Merck

&

Co

Inc

66,742

Nuveen

Global

Net

Zero

Transition

ETF

(NTZG)

(continued)

Portfolio

of

Investments

April

30,

2023

(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

Shares

Description

(1)

Value

Health

Care

(continued)

722

Novo

Nordisk

A/S,

Class

B

$

120,267

957

Sanofi

105,653

1,088

Siemens

Healthineers

AG,

144A

67,769

Total

Health

Care

687,841

Industrials

-

8.4%

1,752

Flowserve

Corp

58,499

420

Quanta

Services

Inc

71,249

784

Schneider

Electric

SE

136,599

396

Trane

Technologies

PLC

73,581

236

Union

Pacific

Corp

46,185

598

Vinci

SA

74,073

Total

Industrials

460,186

Information

Technology

-

20.9%

150

Adobe

Inc

(2)

56,634

1,294

AIXTRON

SE

36,614

624

Datadog

Inc,

Class

A

(2)

42,045

6,000

Delta

Electronics

Inc

58,551

14,000

E

Ink

Holdings

Inc

86,753

2,100

Infineon

Technologies

AG

76,287

188

Keyence

Corp

84,360

259

Manhattan

Associates

Inc

(2)

42,911

639

Microsoft

Corp

196,339

1,034

ON

Semiconductor

Corp

(2)

74,407

1,268

Oracle

Corp

120,105

750

Procore

Technologies

Inc

(2)

40,058

600

Rohm

Co

Ltd

44,857

60

Samsung

SDI

Co

Ltd

30,977

1,350

Taiwan

Semiconductor

Manufacturing

Co

Ltd,

Sponsored

ADR

113,805

1,300

TDK

Corp

44,347

Total

Information

Technology

1,149,050

Materials

-

5.0%

2,254

BHP

Group

Ltd

66,136

733

Corteva

Inc

44,801

326

Danube

AG

(2)

42,742

332

Linde

PLC

122,658

Total

Materials

276,337

Real

Estate

-

1.8%

163

SBA

Communications

Corp

42,525

1,704

VICI

Properties

Inc

57,834

Total

Real

Estate

100,359

Utilities

-

5.3%

1,509

Dominion

Energy

Inc

86,224

9,580

Enel

SpA

65,563

668

NextEra

Energy

Inc

51,189

1,900

RWE

AG

(2)

89,253

Total

Utilities

292,229

Total

Common

Stocks

(cost

$4,897,567)

5,405,418

Total

Long-Term

Investments

(cost

$4,897,567)

5,405,418

Other

Assets

&

Liabilities,

Net

-

1.7%

93,751

Net

Assets

-

100%

$

5,499,169

3

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission

(“SEC”)

related

to

interim

filings.

Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report

pursuant

to

the

rules

of

the

SEC.

For

a

full

set

of

the

Fund’s

notes

to

financial

statements,

please

refer

to

the

Fund’s

most

recently

filed

annual

or

semi-annual

report.

Fair

Value

Measurements

The

Fund’s

investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Board

of

Directors/

Trustees.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

which

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management’s

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels.

Level

1

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

2

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

3

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management’s

assumptions

in

determining

the

fair

value

of

investments).

The

following

table

summarizes

the

market

value

of

the

Fund's

investments

as

of

the

end

of

the

reporting

period,

based

on

the

inputs

used

to

value

them:

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Common

Stocks

$

5,327,938

$

77,480

$

–

$

5,405,418

Total

$

5,327,938

$

77,480

$

–

$

5,405,418

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

REIT

Real

Estate

Investment

Trust