0001145549-19-024990.txt : 20190812 0001145549-19-024990.hdr.sgml : 20190812 20190812145202 ACCESSION NUMBER: 0001145549-19-024990 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190531 FILED AS OF DATE: 20190812 DATE AS OF CHANGE: 20190812 EFFECTIVENESS DATE: 20190812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUVEEN INVESTMENT FUNDS INC CENTRAL INDEX KEY: 0000820892 IRS NUMBER: 411418224 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-05309 FILM NUMBER: 191015874 BUSINESS ADDRESS: STREET 1: 333 WEST WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-917-8146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: FIRST AMERICAN INVESTMENT FUNDS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SECURAL MUTUAL FUNDS INC DATE OF NAME CHANGE: 19910627 0000820892 S000005558 Nuveen Minnesota Intermediate Municipal Bond Fund C000015134 Class A FAMAX C000015135 Class I FAMTX C000081082 Class C1 FACMX C000096214 Nuveen Minnesota Intermediate Municipal Bond Fund Class C2 NIBMX C000137678 Nuveen Minnesota Intermediate Municipal Bond Fund Class C NIBCX 0000820892 S000005559 Nuveen Minnesota Municipal Bond Fund C000015136 Class A FJMNX C000015137 Class C1 FCMNX C000015138 Class I FYMNX C000096215 Nuveen Minnesota Municipal Bond Fund Class C2 NMBCX C000137679 Nuveen Minnesota Municipal Bond Fund Class C NTCCX 0000820892 S000005560 Nuveen Nebraska Municipal Bond Fund C000015139 Class A FNTAX C000015140 Class C1 FNTCX C000015141 Class I FNTYX C000096216 Nuveen Nebraska Municipal Bond Fund Class C2 NCNBX C000137680 Nuveen Nebraska Municipal Bond Fund Class C NAAFX 0000820892 S000005562 Nuveen Oregon Intermediate Municipal Bond Fund C000015145 Class A FOTAX C000015146 Class I FORCX C000096217 Nuveen Oregon Intermediate Municipal Bond Fund Class C2 NIMOX C000137681 Nuveen Oregon Intermediate Municipal Bond Fund Class C NAFOX N-CEN 1 primary_doc.xml X0201 N-CEN LIVE 0000820892 XXXXXXXX true false false N-1A S000005558 C000015134 C000137678 C000081082 C000096214 C000015135 S000005559 C000015136 C000137679 C000015137 C000096215 C000015138 S000005560 C000015139 C000137680 C000015140 C000096216 C000015141 S000005562 C000015145 C000137681 C000096217 C000015146 NUVEEN INVESTMENT FUNDS INC 811-05309 0000820892 549300L93TESPETT4366 333 West Wacker Drive Chicago 606061286 US-IL US 3129177700 U.S. Bank National Association (U.S. Bank) 1555 North RiverCenter Drive, Suite 302 Milwaukee 53212 4142763737 All Instruments representing the investment of the Funds and all cash are held by the custodian. The custodian delivers securities against payment upon sale and pays for securities against delivery upon purchase. The custodian also remits Fund assets in payment of Fund expenses, pursuant to instructions of a Registrants officers or resolutions of the Board of Directors/Trustees. Nuveen Fund Advisors, LLC 333 West Wacker Drive Chicago 606061286 3129177700 Certificate of Incorporation, By-Laws, minutes of director and shareholder meetings and contracts of the Registrant and all advisory material of the investment adviser DST Systems, Inc. P.o. Box 219140 Kansas City 641219140 8002578787 All required records in its capacity as transfer, dividend paying, and shareholder service agent for the Registrant. Y N N-1A 21 Y Terence J. Toth 004501033 N Robert L. Young N/A N Jack B. Evans N/A N William C. Hunter N/A N Albin F. Moschner N/A N John K. Nelson N/A N Judith M. Stockdale N/A N Carole E. Stone N/A N Margaret L. Wolff N/A N Margo L. Cook 004719274 Y Walter M. Kelly 004729454 333 West Wacker Drive Chicago 606061286 XXXXXX N N N N N N Nuveen Securities, LLC 008-13464 000000469 549300SUT66RK1UQZ953 Y N PricewaterhouseCoopers LLP 00238 5493002GVO7EO8RNNS37 N N N N N N N Nuveen Minnesota Intermediate Municipal Bond Fund S000005558 54930006M9H0NOT3J051 Y 5 0 1 N/A N N N N N/A N/A N/A Rule 17a-7 (17 CFR 270.17a-7) Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) N N N N Nuveen Fund Advisors, LLC 801-14147 000104626 5493003J8FN3E5O9OT63 N Nuveen Asset Management, LLC 801-71957 000155584 549300W218VXB0L5EY14 Y N DST Asset Manager Solutions, Inc. 84-00896 549300KY09TR3J12JU49 N N N ICE Data Pricing and Reference Data, LLC 5493000NQ9LYLDBCTL34 N Financial & Risk U.S. Holdings, Inc. (Refinitiv) 549300NF240HXJ07N016 N IHS Markit Ltd. 549300HLPTRASHS0E726 BM N Pricing Direct 549300WIC0TOJ7N7GD54 N Bloomberg 5493001KJTIIGC8Y1R12 N Bloomberg BVAL N/A N Bank of America B4TYDEB6GKMZO031MB27 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 Y N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N DST Asset Manager Solutions, Inc. 549300KY09TR3J12JU49 N N N N Nuveen Securities, LLC 008-13464 000000469 549300SUT66RK1UQZ953 0.000000000000 TIAA-CREF Individual & Institutional Services, LLC 008-44454 000020472 N/A 0.000000000000 Teachers Professional Investors Services, Inc. 008-47051 000036130 N/A 0.000000000000 0.000000000000 Piper Jaffray & Co. 008-15204 000000665 549300GRQCWQ3XGH0H10 23491641.170000000000 JPMorgan Securities LLC 008-36950 000018718 ZBUT11V806EZRVTWT807 4432450.500000000000 Citigroup 008-08177 000007059 549300S41SMIODVIT266 15420931.100000000000 Janney Montgomery Scott LLC 008-00462 000000463 549300QQRY1JCFQHYS08 13813530.100000000000 RBC Capital Markets, LLC 008-45411 000031194 549300LCO2FLSSVFFR64 10629867.330000000000 Merrill Lynch & Co. Inc. 008-07221 000007691 DWW559HN8WVTCCS4VJ94 9630074.500000000000 Wells Fargo Securities, LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 9052844.050000000000 Stifel Nicolaus & Company Incorporated 008-01447 000000793 5WUVMA08EYG4KEUPW589 8443539.950000000000 Northland Securities, Inc. 008-48994 000040258 254900ZIK4MLVQAWLS15 8405786.800000000000 Barclays Capital Inc. 008-41342 000019714 AC28XWWI3WIBK2824319 5838107.690000000000 134420229.430000000000 N 356692142.176931000000 Committed 2650000000.000000000000 N N N N Nuveen Minnesota Municipal Bond Fund S000005559 549300ZHRO19M5R7PN72 Y 5 0 1 N/A N N N N N/A N/A N/A Rule 17a-7 (17 CFR 270.17a-7) Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) N N N N Nuveen Fund Advisors, LLC 801-14147 000104626 5493003J8FN3E5O9OT63 N Nuveen Asset Management, LLC 801-71957 000155584 549300W218VXB0L5EY14 Y N DST Asset Manager Solutions, Inc. 84-00896 549300KY09TR3J12JU49 N N N ICE Data Pricing and Reference Data, LLC 5493000NQ9LYLDBCTL34 N Financial & Risk U.S. Holdings, Inc. (Refinitiv) 549300NF240HXJ07N016 N IHS Markit Ltd. 549300HLPTRASHS0E726 BM N Pricing Direct 549300WIC0TOJ7N7GD54 N Bloomberg 5493001KJTIIGC8Y1R12 N Bloomberg BVAL N/A N Bank of America B4TYDEB6GKMZO031MB27 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 Y N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N DST Asset Manager Solutions, Inc. 549300KY09TR3J12JU49 N N N N Nuveen Securities, LLC 008-13464 000000469 549300SUT66RK1UQZ953 0.000000000000 TIAA-CREF Individual & Institutional Services, LLC 008-44454 000020472 N/A 0.000000000000 Teachers Professional Investors Services, Inc. 008-47051 000036130 N/A 0.000000000000 0.000000000000 Wells Fargo Securities, LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 31765370.280000000000 Mesirow Financial, Inc. 008-28816 000002764 549300BIV46SUHPOFE54 4407060.000000000000 Citigroup 008-08177 000007059 549300S41SMIODVIT266 30429495.800000000000 RBC Capital Markets, LLC 008-45411 000031194 549300LCO2FLSSVFFR64 24923999.680000000000 Merrill Lynch & Co. Inc. 008-07221 000007691 DWW559HN8WVTCCS4VJ94 24869674.270000000000 Piper Jaffray & Co. 008-15204 000000665 549300GRQCWQ3XGH0H10 16831597.350000000000 Barclays Capital Inc. 008-41342 000019714 AC28XWWI3WIBK2824319 12111563.950000000000 Stifel Nicolaus & Company Incorporated 008-01447 000000793 5WUVMA08EYG4KEUPW589 10041528.200000000000 Northland Securities, Inc. 008-48994 000040258 254900ZIK4MLVQAWLS15 9261914.600000000000 Dougherty & Company LLC 008-21937 000007477 549300OD1C69R64IVC38 5687997.450000000000 198939420.190000000000 N 401492547.146931000000 Committed 2650000000.000000000000 N N N N Nuveen Nebraska Municipal Bond Fund S000005560 549300OIG98V38Y4GZ70 Y 5 0 1 N/A N N N N N/A N/A N/A Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y N N Nuveen Fund Advisors, LLC 801-14147 000104626 5493003J8FN3E5O9OT63 N Nuveen Asset Management, LLC 801-71957 000155584 549300W218VXB0L5EY14 Y N DST Asset Manager Solutions, Inc. 84-00896 549300KY09TR3J12JU49 N N N ICE Data Pricing and Reference Data, LLC 5493000NQ9LYLDBCTL34 N Financial & Risk U.S. Holdings, Inc. (Refinitiv) 549300NF240HXJ07N016 N IHS Markit Ltd. 549300HLPTRASHS0E726 BM N Pricing Direct 549300WIC0TOJ7N7GD54 N Bloomberg 5493001KJTIIGC8Y1R12 N Bloomberg BVAL N/A N Bank of America B4TYDEB6GKMZO031MB27 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 Y N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N DST Asset Manager Solutions, Inc. 549300KY09TR3J12JU49 N N N N Nuveen Securities, LLC 008-13464 000000469 549300SUT66RK1UQZ953 0.000000000000 TIAA-CREF Individual & Institutional Services, LLC 008-44454 000020472 N/A 0.000000000000 Teachers Professional Investors Services, Inc. 008-47051 000036130 N/A 0.000000000000 0.000000000000 D.A. Davidson & Co. 008-02399 000000199 549300094RQ5A7DYLF51 6058202.000000000000 Stern Brothers & Co. 008-33724 000016325 254900LVNKT0KYN1O170 1052970.000000000000 Citigroup 008-08177 000007059 549300S41SMIODVIT266 2935177.790000000000 Wells Fargo Securities, LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 2727161.900000000000 JPMorgan Securities LLC 008-36950 000018718 ZBUT11V806EZRVTWT807 2141780.000000000000 Piper Jaffray & Co. 008-15204 000000665 549300GRQCWQ3XGH0H10 1552891.500000000000 Merrill Lynch & Co. Inc. 008-07221 000007691 DWW559HN8WVTCCS4VJ94 1481147.900000000000 RBC Capital Markets, LLC 008-45411 000031194 549300LCO2FLSSVFFR64 1209801.000000000000 AMERITAS INVESTMENT CORP 008-31296 000014869 549300913B54XKSRM258 1147508.400000000000 KeyBanc Capital Mkts 008-30177 000000566 2EQWV0180Z211YVAD813 1082219.990000000000 27716950.930000000000 N 71713436.482000000000 Committed 2650000000.000000000000 N N N N Nuveen Oregon Intermediate Municipal Bond Fund S000005562 549300PM93XEBUKNJ823 Y 4 0 1 N/A N N N N N/A N/A N/A Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) N N N N Nuveen Fund Advisors, LLC 801-14147 000104626 5493003J8FN3E5O9OT63 N Nuveen Asset Management, LLC 801-71957 000155584 549300W218VXB0L5EY14 Y N DST Asset Manager Solutions, Inc. 84-00896 549300KY09TR3J12JU49 N N N ICE Data Pricing and Reference Data, LLC 5493000NQ9LYLDBCTL34 N Financial & Risk U.S. Holdings, Inc. (Refinitiv) 549300NF240HXJ07N016 N IHS Markit Ltd. 549300HLPTRASHS0E726 BM N Pricing Direct 549300WIC0TOJ7N7GD54 N Bloomberg 5493001KJTIIGC8Y1R12 N Bloomberg BVAL N/A N Bank of America B4TYDEB6GKMZO031MB27 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 Y N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N DST Asset Manager Solutions, Inc. 549300KY09TR3J12JU49 N N N N Nuveen Securities, LLC 008-13464 000000469 549300SUT66RK1UQZ953 0.000000000000 TIAA-CREF Individual & Institutional Services, LLC 008-44454 000020472 N/A 0.000000000000 Teachers Professional Investors Services, Inc. 008-47051 000036130 N/A 0.000000000000 0.000000000000 Piper Jaffray & Co. 008-15204 000000665 549300GRQCWQ3XGH0H10 20291525.790000000000 Barclays Capital Inc. 008-41342 000019714 AC28XWWI3WIBK2824319 2753395.750000000000 D.A. Davidson & Co. 008-02399 000000199 549300094RQ5A7DYLF51 10125157.830000000000 JPMorgan Securities LLC 008-36950 000018718 ZBUT11V806EZRVTWT807 6684817.150000000000 Morgan Stanley 008-15869 000008209 7PDDXEMZ0ZV0CEDU4D16 6476844.000000000000 Vining-Sparks IBG, Limited Partnership 008-43150 000027502 STSU6EW2YY5ELJ25V235 4259882.300000000000 Wells Fargo Securities, LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 4249130.350000000000 Blaylock Van, LLC 008-67721 000145317 8945006LKZXDZ0MN4F72 3991804.000000000000 RBC Capital Markets, LLC 008-45411 000031194 549300LCO2FLSSVFFR64 3318128.600000000000 Citigroup 008-08177 000007059 549300S41SMIODVIT266 3012040.000000000000 76122269.870000000000 N 230037864.587918000000 Committed 2650000000.000000000000 N N N true INTERNAL CONTROL RPT 2 nuvpwc_053119.htm INTERNAL CONTROL REPORT

Report of Independent Registered Public Accounting Firm

To the Board of Trustees of Nuveen Multistate Trust I, Nuveen Multistate Trust III and Nuveen Multistate Trust IV, the Board of Directors of Nuveen Investment Funds, Inc. and Shareholders of

Nuveen Arizona Municipal Bond Fund,

Nuveen Colorado Municipal Bond Fund,

Nuveen New Mexico Municipal Bond Fund,

Nuveen Maryland Municipal Bond Fund,

Nuveen Pennsylvania Municipal Bond Fund,

Nuveen Virginia Municipal Bond Fund,

Nuveen Georgia Municipal Bond Fund,

Nuveen Louisiana Municipal Bond Fund,

Nuveen North Carolina Municipal Bond Fund,

Nuveen Tennessee Municipal Bond Fund,

Nuveen Kansas Municipal Bond Fund,

Nuveen Kentucky Municipal Bond Fund,

Nuveen Michigan Municipal Bond Fund,

Nuveen Missouri Municipal Bond Fund,

Nuveen Ohio Municipal Bond Fund,

Nuveen Wisconsin Municipal Bond Fund,

Nuveen Minnesota Intermediate Municipal Bond Fund,

Nuveen Minnesota Municipal Bond Fund,

Nuveen Nebraska Municipal Bond Fund and

Nuveen Oregon Intermediate Municipal Bond Fund

In planning and performing our audits of the financial statements of Nuveen Arizona Municipal Bond Fund, Nuveen Colorado Municipal Bond Fund, Nuveen New Mexico Municipal Bond Fund, Nuveen Maryland Municipal Bond Fund, Nuveen Pennsylvania Municipal Bond Fund and Nuveen Virginia Municipal Bond Fund (separate portfolios of Nuveen Multistate Trust I), Nuveen Georgia Municipal Bond Fund, Nuveen Louisiana Municipal Bond Fund, Nuveen North Carolina Municipal Bond Fund and Nuveen Tennessee Municipal Bond Fund (separate portfolios of Nuveen Multistate Trust III), Nuveen Kansas Municipal Bond Fund, Nuveen Kentucky Municipal Bond Fund, Nuveen Michigan Municipal Bond Fund, Nuveen Missouri Municipal Bond Fund, Nuveen Ohio Municipal Bond Fund and Nuveen Wisconsin Municipal Bond Fund (separate portfolios of Nuveen Multistate Trust IV) and Nuveen Minnesota Intermediate Municipal Bond Fund, Nuveen Minnesota Municipal Bond Fund, Nuveen Nebraska Municipal Bond Fund and Nuveen Oregon Intermediate Municipal Bond Fund (separate portfolios of Nuveen Investment Funds, Inc.) (hereafter, collectively referred to as the “Funds”) as of and for the year ended May 31, 2019, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Funds’ internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds’ internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Funds’ internal control over financial reporting.

The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over

financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Funds’ internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds’ internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of May 31, 2019.

This report is intended solely for the information and use of the Board of Trustees of Nuveen Multistate Trust I, Nuveen Multistate Trust III and Nuveen Multistate Trust IV, the Board of Directors of Nuveen Investment Funds, Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ PricewaterhouseCoopers LLP

Chicago, Illinois

July 26, 2019