0001193125-20-259704.txt : 20200930 0001193125-20-259704.hdr.sgml : 20200930 20200930164057 ACCESSION NUMBER: 0001193125-20-259704 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 8 CONFORMED PERIOD OF REPORT: 20201116 FILED AS OF DATE: 20200930 DATE AS OF CHANGE: 20200930 EFFECTIVENESS DATE: 20200930 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: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-05309 FILM NUMBER: 201212715 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 S000005544 Nuveen Credit Income Fund C000015076 Class A FJSIX C000015078 Class C FCSIX C000015079 Class R3 FANSX C000015080 Class I FJSYX 0000820892 S000005551 Nuveen Large Cap Select Fund C000015101 Class A FLRAX C000015103 Class C FLYCX C000015105 Class I FLRYX 0000820892 S000005553 Nuveen Mid Cap Growth Opportunities Fund C000015111 Class A FRSLX C000015113 Class C FMECX C000015114 Class R3 FMEYX C000015115 Class I FISGX C000123979 Class R6 FMEFX 0000820892 S000005556 Nuveen Mid Cap Value Fund C000015126 Class A FASEX C000015128 Class C FACSX C000015129 Class R3 FMVSX C000015130 Class I FSEIX C000202060 Class R6 FMVQX 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 0000820892 S000005563 Nuveen Real Estate Securities Fund C000015147 Class A FREAX C000015149 Class C FRLCX C000015150 Class R3 FRSSX C000015151 Class I FARCX C000126484 Class R6 FREGX 0000820892 S000005564 Nuveen Short Term Municipal Bond Fund C000015152 Class A FSHAX C000015153 Class I FSHYX C000106247 Nuveen Short Term Municipal Bond Fund Class C2 NSVCX C000137682 Nuveen Short Term Municipal Bond Fund Class C NAAEX 0000820892 S000005567 Nuveen Small Cap Growth Opportunities Fund C000015158 Class A FRMPX C000015160 Class C FMPCX C000015161 Class R3 FMPYX C000015162 Class I FIMPX C000171404 Class R6 FMPFX 0000820892 S000005569 Nuveen Small Cap Select Fund C000015168 Class A EMGRX C000015170 Class C FHMCX C000015171 Class R3 ASEIX C000015172 Class I ARSTX C000199174 Class R6 ASEFX 0000820892 S000005570 Nuveen Small Cap Value Fund C000015173 Class A FSCAX C000015175 Class C FSCVX C000015176 Class R3 FSVSX C000015177 Class I FSCCX C000171405 Class R6 FSCWX 0000820892 S000005573 Nuveen Strategic Income Fund C000015185 Class A FCDDX C000015187 Class C FCBCX C000015188 Class R3 FABSX C000015189 Class I FCBYX C000151934 Class R6 FSFRX 0000820892 S000005579 Nuveen Dividend Value Fund C000015208 Class A FFEIX C000015210 Class C FFECX C000015211 Class R3 FEISX C000015212 Class I FAQIX C000123980 Class R6 FFEFX 0000820892 S000020012 Nuveen Global Infrastructure Fund C000056118 Class A FGIAX C000056119 Class I FGIYX C000070757 Class C FGNCX C000070758 Class R3 FGNRX C000171406 Class R6 FGIWX 0000820892 S000033768 Nuveen Real Asset Income Fund C000104365 Class A NRIAX C000104366 Class C NRICX C000104368 Class I NRIIX C000171407 Class R6 NRIFX DEF 14A 1 d12963ddef14a.htm NUVEEN INVESTMENT FUNDS, INC. Nuveen Investment Funds, Inc.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No.    )

Filed by the Registrant  ☒                            Filed by a Party other than the Registrant  

Check the appropriate box:

 

  Preliminary Proxy Statement
  Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
  Definitive Proxy Statement
  Definitive Additional Materials
  Soliciting Material Pursuant to §240.14a-12
Nuveen Investment Funds, Inc.
(Exact Name of Registrant as Specified In Its Charter)
        
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
  No fee required.
  Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
 

(1)

 

Title of each class of securities to which transaction applies:

 

 

   

 

  (2)  

Aggregate number of securities to which transaction applies:

 

 

   

 

  (3)  

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

 

 

   

 

  (4)  

Proposed maximum aggregate value of transaction:

 

 

   

 

  (5)   Total fee paid:
        
   

 

  Fee paid previously with preliminary materials:
  Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
  (1)  

Amount Previously Paid:

 

 

   

 

  (2)  

Form, Schedule or Registration No.:

 

 

   

 

  (3)  

Filing Party:

 

 

   

 

  (4)  

Date Filed:

 

 

   

 

 

 

 


LOGO

Important Notice to Fund Shareholders

September 30, 2020

Although we recommend that you read the complete Proxy Statement, for your convenience, we have provided a brief overview of the issues to be voted on.

 

Q.

Why am I receiving this Proxy Statement?

 

A.

This year, you and other Fund shareholders are being asked to approve the election of Board members to serve on your Fund’s Board. The list of nominees is contained in the enclosed proxy statement.

Shareholders of the Nuveen Global Infrastructure Fund are also being asked to approve a revision of the Fund’s fundamental policy regarding industry concentration.

Your Fund’s Board, including the independent Board Members, unanimously recommends that you vote FOR each proposal applicable to your Fund.

Your vote is very important. We encourage you as a shareholder to participate in your Fund’s governance by returning your vote as soon as possible. If enough shareholders do not cast their votes, your Fund may not be able to hold the meeting or the vote on each issue, and additional solicitation costs may need to be incurred in order to obtain sufficient shareholder participation.

 

Q.

Whom do I call if I have questions?

 

A.

If you need any assistance, or have any questions regarding the proposals or how to vote your shares, please call Computershare Fund Services, your Fund’s proxy solicitor, at 866-963-5818 with your proxy material.

 

Q.

How do I vote my shares?

 

A.

You may vote at the meeting, by mail, by telephone or over the Internet:

 

   

To vote at the meeting, please follow the instructions below for attending the meeting, which will be held virtually.

 

   

To vote by mail, please mark, sign, date and mail the enclosed proxy card. No postage is required if mailed in the United States.

 

   

To vote by telephone, please call the toll-free number located on your proxy card and follow the recorded instructions, using your proxy card as a guide.

 

   

To vote over the Internet, go to the Internet address provided on your proxy card and follow the instructions, using your proxy card as a guide.

 

Q.

How can I attend the meeting?

 

A.

The meeting will be a completely virtual meeting of shareholders, which will be conducted exclusively by webcast. You are entitled to participate in the meeting only if

 

i


 

you were a shareholder of your Fund as of the close of business on September 17, 2020, or if you hold a valid proxy for the meeting. Shareholders will not be able to attend the meeting in person.

You will be able to attend the meeting online and submit your questions during the meeting by visiting www.meetingcenter.io/251819459. You also will be able to vote your shares online by attending the meeting by webcast. To participate in the meeting, you will need to log on using the control number from your proxy card or meeting notice. The control number can be found in the shaded box. The password for the meeting is NUV2020.

If you hold your shares through an intermediary, such as a bank or broker, you must register in advance using the instructions below.

The online meeting will begin promptly at 2:00 p.m., Central time on November 16, 2020. We encourage you to access the meeting prior to the start time leaving ample time for the check in. Please follow the access instructions as outlined herein.

 

Q.

How do I register to attend the meeting virtually on the Internet?

 

A.

If your shares are registered in your name, you do not need to register to attend the meeting virtually on the Internet. If you hold your shares through an intermediary, such as a bank or broker, you must register in advance to attend the meeting virtually on the Internet.

To register to attend the meeting online by webcast, you must submit proof of your proxy power (legal proxy) reflecting your Fund holdings along with your name and email address to shareholdermeetings@computershare.com. You must contact the bank or broker who holds your shares to obtain your legal proxy. Requests for registration must be labeled as “Legal Proxy” and be received no later than 5:00 p.m., Eastern Time, three business days prior to the meeting date.

You will receive a confirmation of your registration by email after we receive your registration materials.

Requests for registration should be directed to us by emailing an image of your legal proxy to shareholdermeetings@computershare.com.

 

Q.

Why hold a virtual meeting?

 

A.

In light of the public health concerns regarding the coronavirus outbreak (COVID-19), we believe that hosting a virtual meeting is in the best interests of each Fund and its shareholders.

 

Q.

Will anyone contact me?

 

A.

You may receive a call from Computershare Fund Services, the proxy solicitor hired by the Funds, to verify that you received your proxy materials, to answer any questions you may have about the proposals and to encourage you to vote your proxy.

We recognize the inconvenience of the proxy solicitation process and would not impose on you if we did not believe that the matters being proposed were important. Once your vote has been registered with the proxy solicitor, your name will be removed from the solicitor’s follow-up contact list.

 

Q.

How does the Board suggest that I vote?

 

A.

The Board unanimously recommends that shareholders vote FOR each proposal applicable to your Fund.

 

ii


LOGO   

333 West Wacker Drive

Chicago, Illinois 60606

(800) 257-8787

Notice of Special Meeting

of Shareholders

to be held on November 16, 2020

 

Nuveen Investment Funds, Inc.

Nuveen Dividend Value Fund

  Nuveen Oregon Intermediate Municipal Bond Fund

Nuveen Global Infrastructure Fund

  Nuveen Real Asset Income Fund

Nuveen Credit Income Fund

  Nuveen Real Estate Securities Fund

Nuveen Large Cap Select Fund

  Nuveen Short Term Municipal Bond Fund

Nuveen Mid Cap Growth Opportunities Fund

  Nuveen Small Cap Growth Opportunities Fund

Nuveen Mid Cap Value Fund

  Nuveen Small Cap Select Fund

Nuveen Minnesota Intermediate Municipal Bond Fund

  Nuveen Small Cap Value Fund

Nuveen Minnesota Municipal Bond Fund

  Nuveen Strategic Income Fund

Nuveen Nebraska Municipal Bond Fund

 

September 30, 2020

To the Shareholders of the Above Funds:

Notice is hereby given that a Special Meeting of Shareholders (the “Meeting”) of Nuveen Investment Funds, Inc., a Maryland corporation (the “Corporation”), on behalf of each series of the Corporation (each series of the Corporation, as identified above and on Appendix A to the enclosed Joint Proxy Statement, individually a “Fund,” and collectively, the “Funds”), will be held (along with meetings of shareholders of several other Nuveen funds) on Monday, November 16, 2020, at 2:00 p.m., Central time, for the following purposes and to transact such other business, if any, as may properly come before the Meeting:

Matters to Be Voted on by Shareholders:

 

1.

For all Funds, to elect ten (10) Board Members.

 

2.

For Nuveen Global Infrastructure Fund, to approve revisions to its fundamental investment policy regarding industry concentration.

All shareholders are cordially invited to attend the Meeting, which will be held online as discussed in further detail below. In order to avoid delay and additional expense, and to assure that your shares are represented, please vote as promptly as possible, regardless of whether or not you plan to attend the Meeting. You may vote by mail, telephone or over the Internet. To vote by mail, please mark, sign, date and mail the enclosed proxy card. No postage is required if mailed in the United States. To vote by telephone, please call the toll-free number located on your proxy card and follow the recorded instructions, using your proxy card as a guide. To vote over the Internet, go to the Internet address provided on your proxy card and follow the instructions, using your proxy card as a guide.


Shareholders of record as of the close of business on September 17, 2020 are entitled to notice of, and to vote at, the Meeting or any postponement or adjournment thereof.

In light of public health concerns regarding the ongoing coronavirus disease 2019 (COVID-19) pandemic, the Meeting will be a completely virtual meeting of shareholders, which will be conducted exclusively by webcast. Shareholders will not be able to attend the Meeting in person. Shareholders will be able to attend the Meeting online and submit their questions during the Meeting by visiting www.meetingcenter.io/251819459. Shareholders will also be able to vote their shares online by attending the Meeting by webcast. To participate in the Meeting, you will need to log on using the control number from your proxy card or Meeting notice. The control number can be found in the shaded box. The password for the Meeting is NUV2020. If you hold your shares through an intermediary, such as a bank or broker, you must register in advance using the instructions contained in the enclosed Joint Proxy Statement.

Christopher M. Rohrbacher

Vice President and Secretary


LOGO   

333 West Wacker Drive

Chicago, Illinois 60606

(800) 257-8787

Joint Proxy Statement

September 30, 2020

This Joint Proxy Statement is first being mailed to shareholders on or about October 1, 2020.

 

Nuveen Investment Funds, Inc.

Nuveen Dividend Value Fund

  Nuveen Oregon Intermediate Municipal Bond Fund

Nuveen Global Infrastructure Fund

  Nuveen Real Asset Income Fund

Nuveen Credit Income Fund

  Nuveen Real Estate Securities Fund

Nuveen Large Cap Select Fund

  Nuveen Short Term Municipal Bond Fund

Nuveen Mid Cap Growth Opportunities Fund

  Nuveen Small Cap Growth Opportunities Fund

Nuveen Mid Cap Value Fund

  Nuveen Small Cap Select Fund

Nuveen Minnesota Intermediate Municipal Bond Fund

  Nuveen Small Cap Value Fund

Nuveen Minnesota Municipal Bond Fund

  Nuveen Strategic Income Fund

Nuveen Nebraska Municipal Bond Fund

 

This Joint Proxy Statement is furnished in connection with the solicitation by the board of directors (the “Board” and each director a “Board Member” and collectively, the “Board Members”) of Nuveen Investment Funds, Inc. a Maryland corporation (the “Corporation”), on behalf of each series of the Corporation (each series of the Corporation, as identified above and on Appendix A, individually a “Fund,” and collectively, the “Funds”), of proxies to be voted at the Special Meeting of Shareholders to be held (along with the meeting of shareholders of several other Nuveen funds) on Monday, November 16, 2020, at 2:00 p.m., Central time (the “Meeting”), and at any and all adjournments, postponements or delays thereof. Appendix A sets forth the abbreviated name of each Fund by which such Fund is referred to in this Joint Proxy Statement.

Proposals

 

1.

For all Funds, to elect ten (10) Board Members.

 

2.

For Nuveen Global Infrastructure Fund, to approve revisions to its fundamental investment policy regarding industry concentration.

Voting Information

Shareholders of record as of the close of business on September 17, 2020 (the “Record Date”) are entitled to notice of, and to vote at, the Meeting or any postponement or adjournment thereof.

 

1


In light of public health concerns regarding the ongoing coronavirus disease 2019 (COVID-19) pandemic, the Meeting will be a completely virtual meeting of shareholders, which will be conducted exclusively by webcast. Shareholders will not be able to attend the Meeting in person. Shareholders will be able to attend the Meeting online and submit their questions during the Meeting by visiting www.meetingcenter.io/251819459. Shareholders will also be able to vote their shares online by attending the Meeting by webcast. To participate in the Meeting, you will need to log on using the control number from your proxy card or meeting notice. The control number can be found in the shaded box. The password for the Meeting is NUV2020. If you hold your shares through an intermediary, such as a bank or broker, you must register in advance using the instructions contained in this Joint Proxy Statement.

On the proposals coming before the Meeting as to which a choice has been specified by shareholders on the proxy, the shares will be voted accordingly. If a properly executed proxy is returned and no choice is specified, the shares will be voted:

 

   

FOR the election of the Board Member nominees listed in this Joint Proxy Statement.

 

   

FOR the approval of a revision to the Nuveen Global Infrastructure Fund’s fundamental investment policy regarding industry concentration.

Shareholders who execute proxies may revoke them at any time before they are voted by filing a written notice of revocation, by delivering a duly executed proxy bearing a later date, or by attending and voting at the Meeting. A prior proxy can also be revoked by voting again through the toll-free number or the Internet address listed in the proxy card. Merely attending the Meeting, however, will not revoke any previously submitted proxy.

A quorum of shareholders is required to take action at the Meeting. Ten percent (10%) of the shares entitled to vote at the Meeting, represented in person (virtually) or by proxy, will constitute a quorum of shareholders at the Meeting. Votes cast by proxy or in person (virtually) at each Meeting will be tabulated by the inspectors of election appointed for the Meeting. The inspectors of election will determine whether or not a quorum is present at the Meeting. The inspectors of election will treat abstentions and “broker non-votes” (i.e., shares held by brokers or nominees, typically in “street name,” as to which (i) instructions have not been received from the beneficial owners or persons entitled to vote and (ii) the broker or nominee does not have discretionary voting power on a particular matter) as present for purposes of determining a quorum.

Broker-dealer firms holding shares of a Fund in “street name” for the benefit of their customers and clients will request the instructions of such customers and clients on how to vote their shares before the Meeting. The Funds understand that, under the rules of the New York Stock Exchange, such broker-dealer firms may for certain “routine” matters, without instructions from their customers and clients, grant discretionary authority to the proxies designated by the Board to vote if no instructions have been received prior to the date specified in the broker-dealer firm’s request for voting instructions. Proposal 1 is a “routine” matter and beneficial owners who do not provide proxy instructions or who do not return a proxy card may have their shares voted by broker-dealer firms in favor of Proposal 1.

Broker-dealers who are not members of the New York Stock Exchange may be subject to other rules, which may or may not permit them to vote your shares without instruction. We urge you to provide instructions to your broker or nominee so that your votes may be counted.

 

2


The details of the proposals to be voted on by the shareholders of each Fund and the vote required for approval of the proposals are set forth under the description of the proposals below.

The Board has determined that the use of this Joint Proxy Statement for the Meeting is in the best interest of each Fund in light of the similar proposals being considered and voted on by the shareholders. Certain other Nuveen funds, not listed in this Joint Proxy Statement, will also hold meetings of shareholders with similar proposals. If you were also a shareholder of record of one or more of those other funds on the record date established for the meetings of shareholders of such other funds, you will receive a separate proxy statement and proxy card(s) relating to those funds. Shareholders of each Fund that is a series of the Corporation will vote together on Proposal 1.

Only shareholders of the Nuveen Global Infrastructure Fund will vote on Proposal 2.

Shares Outstanding

Those persons who were shareholders of record as of the Record Date will be entitled to one vote for each share held and a proportionate fractional vote for each fractional share held. Appendix A lists the shares of each class of each Fund that were issued and outstanding as of the Record Date.

 

3


PROPOSAL 1: ELECTION OF BOARD MEMBERS

At the Meeting, ten (10) nominees, Jack B. Evans, William C. Hunter, Albin F. Moschner, John K. Nelson, Judith M. Stockdale, Carole E. Stone, Terence J. Toth, Margaret L. Wolff and Robert L. Young, each a current Board Member, and Matthew Thornton III, a nominee for election as a Board Member, are to be elected by all shareholders to serve a term until their successors shall have been duly elected and qualified.

Jack B. Evans, William C. Hunter, John K. Nelson, Judith M. Stockdale, Carole E. Stone and Terence J. Toth were last elected to the Corporation’s Board at a special meeting of shareholders held on August 5, 2014. Margaret L. Wolff was appointed as a Board Member of the Corporation effective as of February 15, 2016. Albin F. Moschner was appointed as a Board Member of the Corporation effective as of July 1, 2016. Robert L. Young was appointed as a Board Member of the Corporation effective as of July 1, 2017. Matthew Thornton III does not currently serve on the Board of the Corporation and is a nominee for election at the Meeting.

It is the intention of the persons named in the enclosed proxy to vote the shares represented thereby for the election of the nominees listed above unless the proxy is marked otherwise. Each of the nominees has agreed to serve as a Board Member of the Corporation if elected. However, should any nominee become unable or unwilling to accept nomination for election, the proxies will be voted for substitute nominees, if any, designated by the Corporation’s present Board.

All Board Member nominees are not “interested persons” as defined in the 1940 Act, of the Funds or of Nuveen Fund Advisors, LLC, the Funds’ investment adviser (the “Adviser”), and have never been an employee or director of Nuveen, LLC (“Nuveen”), the Adviser’s parent company, or any affiliate. Accordingly, such Board Members are deemed “Independent Board Members.”

The Board unanimously recommends that shareholders vote FOR the election of the nominees named herein.

 

4


           
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Term of Office
and Length
of Time Served(1)
  

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios
in Fund
Complex
Overseen
by Board
Member
  Other
Directorships
Held by
Board
Member
During
Past Five
Years
CURRENT BOARD MEMBERS(2)

Jack B. Evans

333 West Wacker Drive

Chicago, IL 60606

1948

  Board Member  

Term: Indefinite

 

Length of service: Since 1999

   Chairman (since 2019), formerly, President (1996-2019), The Hall-Perrine Foundation, a private philanthropic corporation; Director, Public Member, American Board of Orthopedic Surgery (since 2015); Life Trustee of Coe College and the Iowa College Foundation; formerly, Director, Federal Reserve Bank of Chicago; formerly, President and Chief Operating Officer, SCI Financial Group, Inc., a regional financial services firm; formerly, Member and President Pro Tem of the Board of Regents for the State of Iowa University System; formerly, Director, The Gazette Company.   155   Director and Vice Chairman, United Fire Group, a publicly held company; formerly, Director, Alliant Energy

William C. Hunter

333 West Wacker Drive

Chicago, IL 60606

1948

  Board Member  

Term: Indefinite

 

Length of service: Since 2004

 

   Dean Emeritus, formerly, Dean (2006-2012), Tippie College of Business, University of Iowa; past Director (2005-2015) and past President (2010-2014) of Beta Gamma Sigma, Inc., The International Business Honor Society; formerly, Director (1997-2007), Credit Research Center at Georgetown University; formerly, Dean and Distinguished Professor of Finance, School of Business at the University of Connecticut (2003-2006); previously, Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago (1995-2003).   155   Director (since 2009) of Wellmark, Inc.; formerly, Director (2004-2018) of Xerox Corporation

 

5


           
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Term of Office
and Length
of Time Served(1)
  

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios
in Fund
Complex
Overseen
by Board
Member
  Other
Directorships
Held by
Board
Member
During
Past Five
Years

Albin F. Moschner

333 West Wacker Drive

Chicago, IL 60606

1952

  Board Member  

Term: Indefinite

 

Length of service: Since 2016

   Founder and Chief Executive Officer, Northcroft Partners, LLC, a management consulting firm (since 2012); previously, held positions at Leap Wireless International, Inc., including Consultant (2011-2012), Chief Operating Officer (2008-2011) and Chief Marketing Officer (2004-2008); formerly, President, Verizon Card Services division of Verizon Communications, Inc. (2000-2003); formerly, President, One Point Services at One Point Communications (1999-2000); formerly, Vice Chairman of the Board, Diba, Incorporated (1996-1997); formerly, various executive positions (1991-1996) and Chief Executive Officer(1995-1996) of Zenith Electronics Corporation.   155   Formerly, Chairman (2019) and Director (2012-2019), USA Technologies, Inc., a provider of solutions and services to facilitate electronic payment transactions; formerly, Director, Wintrust Financial Corporation (1996-2016)

 

6


           
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Term of Office
and Length
of Time Served(1)
  

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios
in Fund
Complex
Overseen
by Board
Member
  Other
Directorships
Held by
Board
Member
During
Past Five
Years

John K. Nelson

333 West Wacker Drive

Chicago, IL 60606

1962

  Board Member  

Term: Indefinite

 

Length of service: Since 2013

   Member of Board of Directors of Core12 LLC (since 2008), a private firm which develops branding, marketing and communications strategies for clients; served The President’s Council of Fordham University (2010-2019) and previously a Director of the Curran Center for Catholic American Studies (2009-2018); formerly, senior external advisor to the Financial Services practice of Deloitte Consulting LLP (2012-2014); former Chair of the Board of Trustees of Marian University (2010-2014 as trustee, 2011-2014 as Chair); formerly Chief Executive Officer of ABN AMRO Bank N.V., North America, and Global Head of the Financial Markets Division (2007-2008), with various executive leadership roles in ABN AMRO Bank N.V. between 1996 and 2007.   155   None

Judith M. Stockdale

333 West Wacker Drive

Chicago, IL 60606

1947

  Board Member  

Term: Indefinite

 

Length of service: Since 1997

   Board Member of the Land Trust Alliance (since 2013); formerly, Board Member of the U.S. Endowment for Forestry and Communities (2013-12/2019); formerly, Executive Director (1994-2012), Gaylord and Dorothy Donnelley Foundation; prior thereto, Executive Director, Great Lakes Protection Fund (1990-1994).   155   None

 

7


           
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Term of Office
and Length
of Time Served(1)
  

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios
in Fund
Complex
Overseen
by Board
Member
  Other
Directorships
Held by
Board
Member
During
Past Five
Years

Carole E. Stone

333 West Wacker Drive

Chicago, IL 60606

1947

  Board Member  

Term: Indefinite

 

Length of service: Since 2007

   Former Director, Chicago Board Options Exchange, Inc. (2006-2017) and C2 Options Exchange, Incorporated (2009-2017); formerly, Commissioner, New York State Commission on Public Authority Reform (2005-2010).   155   Formerly, Director (2010-2020), Cboe Global Markets, Inc. (formerly, CBOE Holdings, Inc.).

Terence J. Toth(3)

333 West Wacker Drive

Chicago, IL 60606

1959

  Board Member  

Term: Indefinite

 

Length of service: Since 2008

   Formerly, Co-Founding Partner, Promus Capital (2008-2017); Director, Quality Control Corporation (since 2012); formerly, Director, Fulcrum IT Service LLC (2010-2019); formerly, Director, LogicMark LLC (2012-2016); formerly, Director, Legal & General Investment Management America, Inc. (2008-2013); formerly, CEO and President, Northern Trust Global Investments (2004-2007); Executive Vice President, Quantitative Management & Securities Lending (2000-2004); prior thereto, various positions with Northern Trust Company (since 1994); Member, Catalyst Schools of Chicago Board (since 2008) and Mather Foundation Board (since 2012) and is Chair of its Investment Committee; formerly, Member, Chicago Fellowship Board (2005-2016); formerly, Member, Northern Trust Mutual Funds Board (2005-2007), Northern Trust Global Investments Board (2004-2007), Northern Trust Japan Board (2004-2007), Northern Trust Securities Inc. Board (2003-2007) and Northern Trust Hong Kong Board (1997-2004).   155   None

 

8


           
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Term of Office
and Length
of Time Served(1)
  

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios
in Fund
Complex
Overseen
by Board
Member
  Other
Directorships
Held by
Board
Member
During
Past Five
Years

Margaret L. Wolff

333 West Wacker Drive

Chicago, IL 60606

1955

  Board Member  

Term: Indefinite

 

Length of service: Since 2016

   Formerly, Of Counsel, Skadden, Arps, Slate, Meagher & Flom LLP (Mergers & Acquisitions Group) (2005-2014); Member of the Board of Trustees of New York-Presbyterian Hospital (since 2005); Member (since 2004) and Chair (since 2015) of the Board of Trustees of The John A. Hartford Foundation (a philanthropy dedicated to improving the care of older adults); formerly, Member (2005-2015) and Vice Chair (2011-2015) of the Board of Trustees of Mt. Holyoke College.   155   Formerly, Member of the Board of Directors (2013-2017) of Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company (each, a part of Travelers Canada, the Canadian operation of The Travelers Companies, Inc.).

Robert L. Young

333 West Wacker Drive

Chicago, IL 60606

1963

  Board Member  

Term: Indefinite

 

Length of service: Since 2017

   Formerly, Chief Operating Officer and Director, J.P. Morgan Investment Management Inc. (2010-2016); formerly, President and Principal Executive Officer (2013-2016), and Senior Vice President and Chief Operating Officer (2005-2010), of J.P.Morgan Funds; formerly, Director and various officer positions for J.P. Morgan Investment Management Inc. (formerly, JPMorgan Funds Management, Inc. and formerly, One Group Administrative Services) and JPMorgan Distribution Services, Inc. (formerly, One Group Dealer Services, Inc.) (1999-2017).   155   None

 

9


           
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Term of Office
and Length
of Time Served(1)
  

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios
in Fund
Complex
Overseen
by Board
Member
  Other
Directorships
Held by
Board
Member
During
Past Five
Years
BOARD MEMBER NOMINEE

Matthew Thornton III

333 West Wacker Drive

Chicago, IL 60606

1958

  None(4)  

Term: Indefinite

 

Length of service: Not Applicable(4)

   Formerly, Executive Vice President and Chief Operating Officer (2018-2019), FedEx Freight Corporation, a subsidiary of FedEx Corporation (“FedEx”) (provider of transportation, e-commerce and business services through its portfolio of companies); formerly, Senior Vice President, U.S. Operations (2006-2018), Federal Express Corporation, a subsidiary of FedEx; formerly, Member of the Board of Directors (2012-2018), Safe Kids Worldwide® (a non-profit organization dedicated to preventing childhood injuries).   None(4)
  Member of the Board of Directors (since 2014), The Sherwin-Williams Company (develops, manufactures, distributes and sells paints, coatings and related products).

 

(1)

Length of Time Served indicates the year in which the individual became a Board Member of a fund in the Nuveen fund complex.

(2)

Each current Board Member has been nominated to stand for election at the Meeting.

(3)

Mr. Toth serves as a director on the Board of Directors of the Mather Foundation (the “Foundation”) and is a member of its investment committee. The Foundation is the parent of the Mather LifeWays organization, a non-profit charitable organization. Prior to Mr. Toth joining the Board of the Foundation, the Foundation selected Gresham Investment Management (“Gresham”), an affiliate of Nuveen Fund Advisors, LLC, to manage a portion of the Foundation’s investment portfolio, and pursuant to this selection, the Foundation has invested that portion of its investment portfolio in a private commodity pool managed by Gresham.

(4)

Mr. Thornton has been nominated for election to the Board and the boards of certain other funds in the Nuveen fund complex and has been appointed to the boards of certain other funds in the Nuveen fund complex, such appointment to become effective as of November 16, 2020. If Mr. Thornton is elected to the board of each such fund for which he has been nominated and assuming such appointments become effective, Mr. Thornton will oversee 154 portfolios in the Nuveen fund complex.

Share Ownership

In order to create an appropriate identity of interests between Board Members and shareholders, the boards of directors/trustees of the Nuveen funds have adopted a governance principle pursuant to which each Board Member is expected to invest, either directly or on a deferred basis, at least the equivalent of one year of compensation in funds in the Nuveen complex.

The dollar range of equity securities beneficially owned by each Board Member and nominee in each Fund and all Nuveen funds overseen by the Board Member as of December 31, 2019 is set forth in Appendix B. The number of shares of each Fund beneficially owned by each Board

 

10


Member and by the Board Members and executive officers of the Funds as a group as of December 31, 2019 is set forth in Appendix B. As of the Record Date, each Board Member’s and executive officer’s individual beneficial shareholdings of each Fund constituted less than 1% of the outstanding shares of each Fund. As of the Record Date, the Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each Fund.

Compensation

Independent Board Members receive a $195,000 annual retainer plus: (a) a fee of $6,750 per day for attendance in person or by telephone at regularly scheduled meetings of the Board; (b) a fee of $3,000 per meeting for attendance in person or by telephone at special, non-regularly scheduled meetings of the Board where in-person attendance is required and $2,000 per meeting for attendance by telephone or in person at such meetings where in-person attendance is not required; (c) a fee of $2,500 per meeting for attendance in person or by telephone at Audit Committee meetings where in-person attendance is required and $2,000 per meeting for attendance by telephone or in person at such meetings where in-person attendance is not required; (d) a fee of $5,000 per meeting for attendance in person or by telephone at Compliance, Risk Management and Regulatory Oversight Committee meetings where in-person attendance is required and $2,000 per meeting for attendance by telephone or in person at such meetings where in-person attendance is not required; (e) a fee of $1,000 per meeting for attendance in person or by telephone at Dividend Committee meetings; (f) a fee of $500 per meeting for attendance in person or by telephone at all other committee meetings ($1,000 for shareholder meetings) where in-person attendance is required and $250 per meeting for attendance by telephone or in person at such committee meetings (excluding shareholder meetings) where in-person attendance is not required, and $100 per meeting when the Executive Committee acts as pricing committee for IPOs, plus, in each case, expenses incurred in attending such meetings, provided that no fees are received for meetings held on days on which regularly scheduled Board meetings are held; and (g) a fee of $2,500 per meeting for attendance in person or by telephone at Open-End Funds Committee meetings where in-person attendance is required and $2,000 per meeting for attendance by telephone or in person at such meetings where in-person attendance is not required, provided that no fees are received for meetings held on days on which regularly scheduled Board meetings are held. In addition to the payments described above, the Chair of the Board receives $90,000, the chairpersons of the Audit Committee, the Dividend Committee, the Compliance, Risk Management and Regulatory Oversight Committee, the Nominating and Governance Committee and the Open-End Funds Committee receive $15,000 as additional annual retainers. Independent Board Members also receive a fee of $3,000 per day for site visits to entities that provide services to the Nuveen funds on days on which no Board meeting is held. When ad hoc committees are organized, the Nominating and Governance Committee will at the time of formation determine compensation to be paid to the members of such committees; however, in general, such fees will be $1,000 per meeting for attendance in person or by telephone at ad hoc committee meetings where in-person attendance is required and $500 per meeting for attendance by telephone or in person at such meetings where in-person attendance is not required. The annual retainer, fees and expenses are allocated among the Nuveen funds on the basis of relative net assets, although management may, in its discretion, establish a minimum amount to be allocated to each fund. In certain instances fees and expenses will be allocated only to those Nuveen funds that are discussed at a given meeting.

 

11


The Funds do not have retirement or pension plans. Certain Nuveen funds (the “Participating Funds”) participate in a deferred compensation plan (the “Deferred Compensation Plan”) that permits an Independent Board Member to elect to defer receipt of all or a portion of his or her compensation as an Independent Board Member. The deferred compensation of a participating Independent Board Member is credited to a book reserve account of the Participating Fund when the compensation would otherwise have been paid to such Independent Board Member. The value of the Independent Board Member’s deferral account at any time is equal to the value that the account would have had if contributions to the account had been invested and reinvested in shares of one or more of the eligible Nuveen funds. At the time for commencing distributions from an Independent Board Member’s deferral account, the Independent Board Member may elect to receive distributions in a lump sum or over a period of five years. The Participating Fund will not be liable for any other fund’s obligations to make distributions under the Deferred Compensation Plan.

The tables set forth in Appendix C show, for each Independent Board Member, the aggregate compensation paid by each Fund to each Board Member for its last fiscal year and the aggregate compensation paid by all Nuveen funds to each Board Member for the calendar year ended December 31, 2019.

The Corporation has no employees. Each officer of the Corporation serves without any compensation from the Funds. The CCO’s compensation, which is composed of base salary and incentive compensation, is paid by the Adviser, with review and input by the Board. Each Fund reimburses the Adviser for an allocable portion of the Adviser’s cost of the CCO’s incentive compensation.

Board Leadership and Risk Oversight

The Board of each Fund oversees the operations and management of the Fund, including the duties performed for the Fund by the Adviser. The Board has adopted a unitary board structure. A unitary board consists of one group of directors who serve on the board of every fund in the complex. In adopting a unitary board structure, the Board Members seek to provide effective governance through establishing a board, the overall composition of which will, as a body, possess the appropriate skills, independence and experience to oversee the Funds’ business. With this overall framework in mind, when the Board, through its Nominating and Governance Committee discussed below, seeks nominees for the Board, the Board Members consider, not only the candidate’s particular background, skills and experience, among other things, but also whether such background, skills and experience enhance the Board’s diversity and at the same time complement the Board given its current composition and the mix of skills and experiences of the incumbent Board Members. The Nominating and Governance Committee believes that the Board generally benefits from diversity of background, experience and views among its members, and considers this a factor in evaluating the composition of the Board, but has not adopted any specific policy on diversity or any particular definition of diversity.

The Board believes the unitary board structure enhances good and effective governance, particularly given the nature of the structure of the investment company complex. Funds in the same complex generally are served by the same service providers and personnel and are governed by the same regulatory scheme which raises common issues that must be addressed by the Board Members across the fund complex (such as compliance, valuation, liquidity, brokerage, trade allocation or risk management). The Board believes it is more efficient to have a

 

12


single board review and oversee common policies and procedures which increases the Board’s knowledge and expertise with respect to the many aspects of fund operations that are complex-wide in nature. The unitary structure also enhances the Board’s influence and oversight over the Adviser and other service providers.

In an effort to enhance the independence of the Board, the Board also has a Chair that is an Independent Board Member. The Board recognizes that a chair can perform an important role in setting the agenda for the Board, establishing the boardroom culture, establishing a point person on behalf of the Board for Fund management, and reinforcing the Board’s focus on the long-term interests of shareholders. The Board recognizes that a chair may be able to better perform these functions without any conflicts of interests arising from a position with Fund management. Accordingly, the Board Members have elected Terrence J. Toth as the independent Chair of the Board. Specific responsibilities of the Chair include: (i) presiding at all meetings of the Board and of the shareholders; (ii) seeing that all orders and resolutions of the Board Members are carried into effect; and (iii) maintaining records of and, whenever necessary, certifying all proceedings of the Board Members and the shareholders.

Although the Board has direct responsibility over various matters (such as advisory contracts, underwriting contracts and Fund performance), the Board also exercises certain of its oversight responsibilities through several committees that it has established and which report back to the full Board. The Board believes that a committee structure is an effective means to permit Board Members to focus on particular operations or issues affecting the Funds, including risk oversight. More specifically, with respect to risk oversight, the Board has delegated matters relating to valuation and compliance to certain committees (as summarized below) as well as certain aspects of investment risk. In addition, the Board believes that the periodic rotation of Board Members among the different committees allows the Board Members to gain additional and different perspectives of a Fund’s operations. The Board has established six standing committees: the Executive Committee, the Dividend Committee, the Audit Committee, the Compliance, Risk Management and Regulatory Oversight Committee, the Nominating and Governance Committee and the Open-End Funds Committee. The Board may also from time to time create ad hoc committees to focus on particular issues as the need arises. The membership and functions of the standing committees are summarized below.

Executive Committee. The Executive Committee, which meets between regular meetings of the Board, is authorized to exercise all of the powers of the Board. The members of the Executive Committee are Terence J. Toth, Chair, Albin F. Moschner and Margaret L. Wolff. The number of Executive Committee meetings of the Corporation held during the calendar year ended December 31, 2019 is shown in Appendix D.

Audit Committee. The Audit Committee assists the Board in the oversight and monitoring of the accounting and reporting policies, processes and practices of the Nuveen funds, and the audits of the financial statements of the Nuveen funds; the quality and integrity of the financial statements of the Nuveen funds; the Nuveen funds’ compliance with legal and regulatory requirements relating to the Nuveen funds’ financial statements; the independent auditors’ qualifications, performance and independence; and the pricing procedures of the Nuveen funds and the Adviser’s internal valuation group. It is the responsibility of the Audit Committee to select, evaluate and replace any independent auditors (subject only to Board and, if applicable, shareholder ratification) and to determine their compensation. The Audit Committee is also responsible for, among other things, overseeing the valuation of securities comprising the Nuveen funds’ portfolios. Subject to the Board’s general supervision of such actions,

 

13


the Audit Committee addresses any valuation issues, oversees the Nuveen funds’ pricing procedures and actions taken by the Adviser’s internal valuation group which provides regular reports to the committee, reviews any issues relating to the valuation of the Nuveen funds’ securities brought to its attention and considers the risks to the Nuveen funds in assessing the possible resolutions to these matters. The Audit Committee may also consider any financial risk exposures for the Nuveen funds in conjunction with performing its functions.

To fulfill its oversight duties, the Audit Committee receives annual and semi-annual reports and has regular meetings with the external auditors for the Nuveen funds and the Adviser’s internal audit group. The Audit Committee also may review in a general manner the processes the Board or other Board committees have in place with respect to risk assessment and risk management as well as compliance with legal and regulatory matters relating to the Nuveen funds’ financial statements. The committee operates under a written charter adopted and approved by the Board. Members of the Audit Committee shall be independent (as set forth in the charter) and free of any relationship that, in the opinion of the directors, would interfere with their exercise of independent judgment as an Audit Committee member. The members of the Audit Committee are Carole E. Stone, Chair, Jack B. Evans, William C. Hunter, John K. Nelson and Judith M. Stockdale, each of whom is an Independent Board Member of the Funds. A copy of the Charter is available at www.nuveen.com/MutualFunds/ShareholderResources/FundGovernance.aspx. The number of Audit Committee meetings of the Corporation held during the calendar year ended December 31, 2019 is shown in Appendix D.

Nominating and Governance Committee. The Nominating and Governance Committee is responsible for seeking, identifying and recommending to the Board qualified candidates for election or appointment to the Board. In addition, the Nominating and Governance Committee oversees matters of corporate governance, including the evaluation of Board performance and processes, the assignment and rotation of committee members, and the establishment of corporate governance guidelines and procedures, to the extent necessary or desirable, and matters related thereto. Although the unitary and committee structure has been developed over the years and the Nominating and Governance Committee believes the structure has provided efficient and effective governance, the committee recognizes that as demands on the Board evolve over time (such as through an increase in the number of funds overseen or an increase in the complexity of the issues raised), the committee must continue to evaluate the Board and committee structures and their processes and modify the foregoing as may be necessary or appropriate to continue to provide effective governance. Accordingly, the Nominating and Governance Committee has a separate meeting each year to, among other things, review the Board and committee structures, their performance and functions, and recommend any modifications thereto or alternative structures or processes that would enhance the Board’s governance of the Nuveen funds.

In addition, the Nominating and Governance Committee, among other things, makes recommendations concerning the continuing education of directors; monitors performance of legal counsel and other service providers; establishes and monitors a process by which security holders are able to communicate in writing with members of the Board; and periodically reviews and makes recommendations about any appropriate changes to trustee or director compensation. In the event of a vacancy on the Board, the Nominating and Governance Committee receives suggestions from various sources, including shareholders, as to suitable candidates. Suggestions should be sent in writing to William Siffermann, Manager of Fund Board Relations, Nuveen Investments, Inc., 333 West Wacker Drive, Chicago, IL 60606. The Nominating

 

14


and Governance Committee sets appropriate standards and requirements for nominations for new directors and reserves the right to interview any and all candidates and to make the final selection of any new directors. In considering a candidate’s qualifications, each candidate must meet certain basic requirements, including relevant skills and experience, time availability (including the time requirements for due diligence site visits to sub-advisers and service providers) and, if qualifying as an independent director candidate, independence from the Adviser, Nuveen Asset Management LLC, the Funds’ sub-adviser, Nuveen Securities, LLC, the Funds’ distributor (the “Distributor”), and other service providers, including any affiliates of these entities. These skill and experience requirements may vary depending on the current composition of the Board, since the goal is to ensure an appropriate range of skills, diversity and experience, in the aggregate. Accordingly, the particular factors considered and weight given to these factors will depend on the composition of the Board and the skills and backgrounds of the incumbent director at the time of consideration of the nominees. All candidates, however, must meet high expectations of personal integrity, independence, governance experience and professional competence. All candidates must be willing to be critical within the Board and with management and yet maintain a collegial and collaborative manner toward other Board members. The committee operates under a written charter adopted and approved by the Board, a copy of which is available on the Funds’ website at www.nuveen.com/MutualFunds/ShareholderResources/FundGovernance.aspx. This committee is composed of Independent Board Members. The members of the Nominating and Governance Committee are Terence J. Toth, Chair, Jack B. Evans, William C. Hunter, Albin F. Moschner, John K. Nelson, Judith M. Stockdale, Carole E. Stone, Margaret L. Wolff and Robert L. Young. The number of Nominating and Governance Committee meetings of the Corporation held during the calendar year ended December 31, 2019 is shown in Appendix D.

Dividend Committee. The Dividend Committee is authorized to declare distributions on each Fund’s shares including, but not limited to, regular and special dividends, capital gains and ordinary income distributions. The members of the Dividend Committee are Robert L. Young, Chair, William C. Hunter, Albin F. Moschner and Margaret L. Wolff. The number of Dividend Committee meetings of the Corporation held during the calendar year ended December 31, 2019 is shown in Appendix D.

Compliance, Risk Management and Regulatory Oversight Committee. The Compliance, Risk Management and Regulatory Oversight Committee (the “Compliance Committee”) is responsible for the oversight of compliance issues, risk management and other regulatory matters affecting the Funds that are not otherwise under or within the jurisdiction of the other committees. The Board has adopted and periodically reviews policies and procedures designed to address the Funds’ compliance and risk matters. As part of its duties, the Compliance Committee: reviews the policies and procedures relating to compliance matters and recommends modifications thereto as necessary or appropriate to the full Board; develops new policies and procedures as new regulatory matters affecting the Funds arise from time to time; evaluates or considers any comments or reports from examinations from regulatory authorities and responses thereto; and performs any special reviews, investigations or other oversight responsibilities relating to risk management, compliance and/or regulatory matters as requested by the Board.

In addition, the Compliance Committee is responsible for risk oversight, including, but not limited to, the oversight of risks related to investments and operations. Such risks include, among other things, exposures to: particular issuers, market sectors, or types of securities; risks

 

15


related to product structure elements, such as leverage; and techniques that may be used to address those risks, such as hedging and swaps. In assessing issues brought to the Compliance Committee’s attention or in reviewing a particular policy, procedure, investment technique or strategy, the Compliance Committee evaluates the risks to the Funds in adopting a particular approach or resolution compared to the anticipated benefits to the Funds and their shareholders. In fulfilling its obligations, the Compliance Committee meets on a quarterly basis, and at least once a year in person. The Compliance Committee receives written and oral reports from the Funds’ CCO and meets privately with the CCO at each of its quarterly meetings. The CCO also provides an annual report to the full Board regarding the operations of the Funds’ and other service providers’ compliance programs as well as any recommendations for modifications thereto. The Compliance Committee also receives reports from the investment services group of Nuveen regarding various investment risks. Notwithstanding the foregoing, the full Board also participates in discussions with management regarding certain matters relating to investment risk, such as the use of leverage and hedging. The investment services group therefore also reports to the full Board at its quarterly meetings regarding, among other things, Fund performance and the various drivers of such performance. Accordingly, the Board directly and/or in conjunction with the Compliance Committee oversees matters relating to investment risks. Matters not addressed at the committee level are addressed directly by the full Board. The Compliance Committee operates under a written charter adopted and approved by the Board. The members of the Compliance Committee are John K. Nelson, Chair, Albin F. Moschner, Terence J. Toth, Margaret L. Wolff and Robert L. Young. The number of Compliance Committee meetings of the Corporation held during the calendar year ended December 31, 2019 is shown in Appendix D.

Open-End Funds Committee. The Open-End Funds Committee is responsible for assisting the Board in the oversight and monitoring of the Nuveen funds that are registered as open-end management investment companies (“Open-End Funds”). The committee may review and evaluate matters related to the formation and the initial presentation to the Board of any new Open-End Fund and may review and evaluate any matters relating to any existing Open-End Fund. The committee operates under a written charter adopted and approved by the Board. The members of the Open-End Funds Committee are Albin F. Moschner, Chair, William C. Hunter, John K. Nelson, Judith M. Stockdale and Terence J. Toth. The number of Open-End Funds Committee meetings of the Corporation held during the calendar year ended December 31, 2019 is shown in Appendix D.

Number of Board Meetings. The number of regular quarterly meetings and special meetings held by the Board of the Corporation held during the calendar year ended December 31, 2019 is shown in Appendix D.

Board Member Attendance. During the calendar year ended December 31, 2019, each Board Member attended 75% or more of each Fund’s Board meetings and the committee meetings (if a member thereof) held during the period for which such Board Member was a Board Member. The policy of the Board relating to attendance by Board Members at shareholder meetings of the Funds is posted on the Funds’ website at www.nuveen.com/en-us/products/fund-governance.

 

16


Board Diversification and Board Member Qualifications

In determining that a particular nominee was qualified to serve on the Board, the Board considered each nominee’s background, skills, experience and other attributes in light of the composition of the Board with no particular factor controlling. The Board believes that Board Members need to have the ability to critically review, evaluate, question and discuss information provided to them, and to interact effectively with Fund management, service providers and counsel, in order to exercise effective business judgment in the performance of their duties, and the Board believes each nominee satisfies this standard. An effective Board Member may achieve this ability through his or her educational background; business, professional training or practice; public service or academic positions; experience from service as a board member or executive of investment funds, public companies or significant private or not-for-profit entities or other organizations; and/or other life experiences. Accordingly, set forth below is a summary of the experiences, qualifications, attributes, and skills that led to the conclusion, as of the date of this document, that each nominee should serve as a Board Member. References to the experiences, qualifications, attributes and skills of each nominee are pursuant to requirements of the Securities and Exchange Commission, do not constitute holding out the Board or any nominee as having any special expertise or experience and shall not impose any greater responsibility or liability on any such person or on the Board by reason thereof.

Jack B. Evans. Mr. Evans has served as Chairman (since 2019) and President (1996-2019) of the Hall-Perrine Foundation, a private philanthropic corporation. Mr. Evans was formerly President and Chief Operating Officer of the SCI Financial Group, Inc., a regional financial services firm headquartered in Cedar Rapids, Iowa. He was a member of the Board of the Federal Reserve Bank of Chicago as well as a Director of Alliant Energy and President Pro Tem of the Board of Regents for the State of Iowa University System. Mr. Evans is Chairman of the Board of United Fire Group, sits on the Board of the American Board of Orthopedic Surgery as a Public Member Director (since 2015) and is a Life Trustee of Coe College. He has a Bachelor of Arts from Coe College and a M.B.A. from the University of Iowa.

William C. Hunter. Dr. Hunter became Dean Emeritus of the Henry B. Tippie College of Business at the University of Iowa in 2012, after having served as Dean of the College since July 2006. He had been Dean and Distinguished Professor of Finance at the University of Connecticut School of Business from 2003 to 2006. From 1995 to 2003, he was the Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago. He has held faculty positions at Emory University, Atlanta University, the University of Georgia and Northwestern University. He has consulted with numerous foreign central banks and official agencies in Europe, Asia, Central America and South America. He has been a Director of Wellmark, Inc. since 2009. He is a past Director (2005-2015) and a past President (2010-2014) of Beta Gamma Sigma, Inc., The International Business Honor Society and a past Director (2004-2018) of the Xerox Corporation.

Albin F. Moschner. Mr. Moschner is a consultant in the wireless industry and, in July 2012, founded Northcroft Partners, LLC, a management consulting firm that provides operational, management and governance solutions. Prior to founding Northcroft Partners, LLC, Mr. Moschner held various positions at Leap Wireless International, Inc., a provider of wireless services, where he was a consultant from February 2011 to July 2012, Chief Operating Officer from July 2008 to February 2011, and Chief Marketing Officer from August 2004 to

 

17


June 2008. Before he joined Leap Wireless International, Inc., Mr. Moschner was President of the Verizon Card Services division of Verizon Communications, Inc. from 2000 to 2003, and President of One Point Services at One Point Communications from 1999 to 2000. Mr. Moschner also served at Zenith Electronics Corporation as Director, President and Chief Executive Officer from 1995 to 1996, and as Director, President and Chief Operating Officer from 1994 to 1995. Mr. Moschner has been Chairman of the Board (2019) and a member of the Board of Directors (2012-2019) of USA Technologies, Inc. and, from 1996 until 2016, he was a member of the Board of Directors of Wintrust Financial Corporation. In addition, he is emeritus (since 2018) of the Advisory Boards of the Kellogg School of Management (1995-2018) and the Archdiocese of Chicago Financial Council (2012-2018). Mr. Moschner received a Bachelor of Engineering degree in Electrical Engineering from The City College of New York in 1974 and a Master of Science degree in Electrical Engineering from Syracuse University in 1979.

John K. Nelson. Mr. Nelson is on the Board of Directors of Core12, LLC (since 2008), a private firm that develops branding, marketing, and communications strategies for clients. Mr. Nelson has extensive experience in global banking and markets, having served in several senior executive positions with ABN AMRO Holdings N.V. and its affiliated entities and predecessors, including LaSalle Bank Corporation from 1996 to 2008, ultimately serving as Chief Executive Officer of ABN AMRO N.V. North America. During his tenure at the bank, he also served as Global Head of its Financial Markets Division, which encompassed the bank’s Currency, Commodity, Fixed Income, Emerging Markets, and Derivatives businesses. He was a member of the Foreign Exchange Committee of the Federal Reserve Bank of the United States and during his tenure with ABN AMRO served as the bank’s representative on various committees of The Bank of Canada, European Central Bank, and The Bank of England. Mr. Nelson previously served as a senior, external advisor to the financial services practice of Deloitte Consulting LLP (2012-2014). At Fordham University, he served as a director of The President’s Council (2010-2019) and previously served as a director of The Curran Center for Catholic American Studies (2009-2018). He served as a trustee and Chairman of The Board of Trustees of Marian University (2011-2013). Mr. Nelson is a graduate of Fordham University and holds a BA in Economics (1984) and an MBA in Finance (1991).

Judith M. Stockdale. Ms. Stockdale retired in 2012 as Executive Director of the Gaylord and Dorothy Donnelley Foundation, a private foundation working in land conservation and artistic vitality in the Chicago region and the Low Country of South Carolina. She is currently a board member of the Land Trust Alliance (since 2013). Her previous positions include Executive Director of the Great Lakes Protection Fund, Executive Director of Openlands, and Senior Staff Associate at the Chicago Community Trust. She has served on the Advisory Councils of the National Zoological Park, the Governor’s Science Advisory Council (Illinois), and the Nancy Ryerson Ranney Leadership Grants Program. She has served on the boards of Brushwood Center, Forefront f/k/a Donors Forum and the U.S. Endowment for Forestry and Communities. Ms. Stockdale, a native of the United Kingdom, has a Bachelor of Science degree in geography from the University of Durham (UK) and a Master of Forest Science degree from Yale University.

Carole E. Stone. Ms. Stone recently retired from the Board of Directors of the Cboe Global Markets, Inc. (formerly, CBOE Holdings, Inc.), having served from 2010-2020. She previously served on the Boards of the Chicago Board Options Exchange and C2 Options Exchange, Incorporated. Ms. Stone retired from the New York State Division of the Budget in 2004, having served as its Director for nearly five years and as Deputy Director from 1995 through 1999.

 

18


She has also served as the Chair of the New York Racing Association Oversight Board, as a Commissioner on the New York State Commission on Public Authority Reform and as a member of the Boards of Directors of several New York State public authorities. Ms. Stone has a Bachelor of Arts from Skidmore College in Business Administration.

Matthew Thornton III. Mr. Thornton has over 40 years of broad leadership and operating experience from his career with FedEx Corporation (“FedEx”), which, through its portfolio of companies, provides transportation, e-commerce and business services. In November 2019, Mr. Thornton retired as Executive Vice President and Chief Operating Officer of FedEx Freight Corporation (FedEx Freight), a subsidiary of FedEx, where, from May 2018 until his retirement, he had been responsible for day-to-day operations, strategic guidance, modernization of freight operations and delivering innovative customer solutions. From September 2006 to May 2018, Mr. Thornton served as Senior Vice President, U.S. Operations at Federal Express Corporation (FedEx Express), a subsidiary of FedEx. Prior to September 2006, Mr. Thornton held a range of positions of increasing responsibility with FedEx, including various management positions. In addition, Mr. Thornton currently (since 2014) serves on the Board of Directors of The Sherwin-Williams Company, where he is a member of the Audit Committee and the Nominating and Corporate Governance Committee. Formerly (2012-2018), he was a member of the Board of Directors of Safe Kids Worldwide®, a non-profit organization dedicated to the prevention of childhood injuries. Mr. Thornton is a member (since 2014) of the Executive Leadership Council (ELC), the nation’s premier organization of global black senior executives. He is also a member of the National Association of Corporate Directors (NACD). Mr. Thornton has been recognized by Black Enterprise on its 2017 list of the Most Powerful Executives in Corporate America and by Ebony on its 2016 Power 100 list of the world’s most influential and inspiring African Americans. Mr. Thornton received a B.B.A. degree from the University of Memphis in 1980 and an M.B.A. from the University of Tennessee in 2001.

Terence J. Toth. Mr. Toth, the Nuveen funds’ Independent Chair, was a Co-Founding Partner of Promus Capital (2008-2017). From 2010 to 2019, he was a Director of Fulcrum IT Service LLC and from 2012 to 2016, he was a Director of LogicMark LLC. From 2008 to 2013, he was a Director of Legal & General Investment Management America, Inc. From 2004 to 2007, he was Chief Executive Officer and President of Northern Trust Global Investments, and Executive Vice President of Quantitative Management & Securities Lending from 2000 to 2004. He also formerly served on the Board of the Northern Trust Mutual Funds. He joined Northern Trust in 1994 after serving as Managing Director and Head of Global Securities Lending at Bankers Trust (1986 to 1994) and Head of Government Trading and Cash Collateral Investment at Northern Trust from 1982 to 1986. He currently serves on the Board of Quality Control Corporation (since 2012) and Catalyst Schools of Chicago (since 2008). He is on the Mather Foundation Board (since 2012) and is the Chair of its Investment Committee. Mr. Toth graduated with a Bachelor of Science degree from the University of Illinois, and received his M.B.A. from New York University. In 2005, he graduated from the CEO Perspectives Program at Northwestern University.

Margaret L. Wolff. Ms. Wolff retired from Skadden, Arps, Slate, Meagher & Flom LLP in 2014 after more than 30 years of providing client service in the Mergers & Acquisitions Group. During her legal career, Ms. Wolff devoted significant time to advising boards and senior management on U.S. and international corporate, securities, regulatory and strategic matters, including governance, shareholder, fiduciary, operational and management issues. From 2013 to 2017, she was a Board member of Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company (each of which is a part of Travelers Canada, the

 

19


Canadian operation of The Travelers Companies, Inc.). Ms. Wolff has been a trustee of New York-Presbyterian Hospital since 2005 and, since 2004, she has served as a trustee of The John A. Hartford Foundation (a philanthropy dedicated to improving the care of older adults) where she currently is the Chair. From 2005 to 2015, she was a trustee of Mt. Holyoke College and served as Vice Chair of the Board from 2011 to 2015. Ms. Wolff received her Bachelor of Arts from Mt. Holyoke College and her Juris Doctor from Case Western Reserve University School of Law.

Robert L. Young. Mr. Young has more than 30 years of experience in the investment management industry. From 1997 to 2017, he held various positions with J.P. Morgan Investment Management Inc. (“J.P. Morgan Investment”) and its affiliates (collectively, “J.P. Morgan”). Most recently, he served as Chief Operating Officer and Director of J.P. Morgan Investment (from 2010 to 2016) and as President and Principal Executive Officer of the J.P. Morgan Funds (from 2013 to 2016). As Chief Operating Officer of J.P. Morgan Investment, Mr. Young led service, administration and business platform support activities for J.P. Morgan’s domestic retail mutual fund and institutional commingled and separate account businesses, and co-led these activities for J.P. Morgan’s global retail and institutional investment management businesses. As President of the J.P. Morgan Funds, Mr. Young interacted with various service providers to these funds, facilitated the relationship between such funds and their boards, and was directly involved in establishing board agendas, addressing regulatory matters, and establishing policies and procedures. Before joining J.P. Morgan, Mr. Young, a former Certified Public Accountant (CPA), was a Senior Manager (Audit) with Deloitte & Touche LLP (formerly, Touche Ross LLP), where he was employed from 1985 to 1996. During his tenure there, he actively participated in creating, and ultimately led, the firm’s midwestern mutual fund practice. Mr. Young holds a Bachelor of Business Administration degree in Accounting from the University of Dayton and, from 2008 to 2011, he served on the Investment Committee of its Board of Trustees.

Independent Chair

Terrence J. Toth currently serves as the independent Chair of the Board. Specific responsibilities of the Chair include: (a) presiding at all meetings of the Board and of the shareholders; (b) seeing that all orders and resolutions of the Board Members are carried into effect; and (c) maintaining records of and, whenever necessary, certifying all proceedings of the Board Members and the shareholders.

 

20


The Officers

The following table sets forth information with respect to each officer of the Funds. Officers receive no compensation from the Funds. The officers are elected by the Board on an annual basis to serve until successors are elected and qualified.

 

         
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Length of
Time Served
with Funds in
the Fund
Complex
 

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios in
Fund Complex
Served by
Officer

Greg A. Bottjer

333 West Wacker Drive

Chicago, IL 60606

1971

  Chief Administrative Officer  

Term: Annual

 

Length of Service: Since 2016

  Senior (since 2017) Managing Director (since 2011), formerly, Senior Vice President (2007-2010) of Nuveen Investments Holdings, Inc.; Senior (since 2017) Managing Director (since 2016) of Nuveen Fund Advisors, LLC; Chartered Financial Analyst   73

Mark J. Czarniecki

901 Marquette Avenue

Minneapolis, MN 55402

1979

  Vice President and Assistant Secretary  

Term: Annual

 

Length of Service: Since 2013

  Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2016) and Nuveen Fund Advisors, LLC (since 2017); Vice President and Associate General Counsel of Nuveen (since 2013).   155

Diana R. Gonzalez

333 West Wacker Drive

Chicago, IL 60606

1978

  Vice President and Assistant Secretary  

Term: Annual

 

Length of Service: Since 2017

  Vice President and Assistant Secretary of Nuveen Fund Advisors, LLC (since 2017); Vice President and Associate General Counsel of Nuveen (since 2017); Associate General Counsel of Jackson National Asset Management (2012-2017).   155

Nathaniel T. Jones

333 West Wacker Drive

Chicago, IL 60606

1979

  Vice President and Treasurer  

Term: Annual

 

Length of Service: Since 2016

  Managing Director (since 2017), formerly, Senior Vice President (2016-2017), formerly, Vice President (2011-2016) of Nuveen; Managing Director (since 2015) of Nuveen Fund Advisors, LLC; Chartered Financial Analyst.   155

 

21


         
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Length of
Time Served
with Funds in
the Fund
Complex
 

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios in
Fund Complex
Served by
Officer

Walter M. Kelly

333 West Wacker Drive

Chicago, IL 60606

1970

  Chief Compliance Officer and Vice President  

Term: Annual

 

Length of Service: Since 2004

  Managing Director (since 2017), formerly, Senior Vice President (2008-2017) of Nuveen.   155

Tina M. Lazar

333 West Wacker Drive

Chicago, IL 60606

1961

  Vice President  

Term: Annual

 

Length of Service: Since 2000

  Managing Director (since 2017), formerly, Senior Vice President (2014-2017) of Nuveen Securities, LLC.   155

Brian J. Lockhart

333 West Wacker Drive

Chicago, IL 60606

1974

  Vice President  

Term: Annual

 

Length of Service: Since 2019

  Managing Director (since 2019) of Nuveen Fund Advisors, LLC; Managing Director (since 2017), formerly, Vice President (2010-2017) of Nuveen; Head of Investment Oversight (since 2017), formerly, Team Leader of Manager Oversight (2015-2017); Chartered Financial Analyst and Certified Financial Risk Manager.   155

Jacques M. Longerstaey

333 West Wacker Drive

Chicago, IL 60606

1963

  Vice President  

Term: Annual

 

Length of Service: Since 2019

  Senior Managing Director, Chief Risk Officer, Nuveen, LLC (since May 2019); Senior Managing Director (since May 2019) of Nuveen Fund Advisors, LLC; formerly, Chief Investment and Model Risk Officer, Wealth & Investment Management Division, Wells Fargo Bank (NA) (from 2013–2019).   155

 

22


         
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Length of
Time Served
with Funds in
the Fund
Complex
 

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios in
Fund Complex
Served by
Officer

Kevin J. McCarthy

333 West Wacker Drive

Chicago, IL 60606

1966

  Vice President and Assistant Secretary  

Term: Annual

 

Length of Service: Since 2007

  Senior Managing Director (since 2017) and Secretary and General Counsel (since 2016) of Nuveen Investments, Inc., formerly, Executive Vice President (2016-2017), Managing Director and Assistant Secretary (2008-2016); Senior Managing Director (since 2017) and Assistant Secretary (since 2008) of Nuveen Securities, LLC, formerly, Executive Vice President (2016-2017) and Managing Director (2008-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC, formerly, Executive Vice President (2016-2017), Managing Director (2008-2016) and Assistant Secretary (2007-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Associate General Counsel (since 2011) of Nuveen Asset Management, LLC, formerly, Executive Vice President (2016-2017) and Managing Director and Assistant Secretary (2011-2016); Vice President (since 2007) and Secretary (since 2016), formerly, Assistant Secretary, of NWQ Investment Management Company, LLC, Symphony Asset Management LLC, Santa Barbara Asset Management, LLC, and Winslow Capital Management, LLC (since 2010); Senior Managing Director (since 2017) and Secretary (since 2016) of Nuveen Alternative Investments, LLC.   155

 

23


         
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Length of
Time Served
with Funds in
the Fund
Complex
 

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios in
Fund Complex
Served by
Officer

Jon Scott Meissner

8500 Andrew Carnegie Blvd.

Charlotte, NC 28262

1973

  Vice President and Assistant Secretary  

Term: Annual

 

Length of Service: Since 2019

  Managing Director of Mutual Fund Tax and Financial Reporting groups at Nuveen (since 2017); Managing Director (since 2019) of Nuveen Fund Advisors, LLC; Senior Director of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC (since 2016); Senior Director (since 2015) Mutual Fund Taxation to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and the CREF Accounts; has held various positions with TIAA since 2004.   155

Deann D. Morgan

100 Park Avenue

New York, NY 10016

1969

  Vice President  

Term: Annual

 

Length of Service: Since 2020

  Executive Vice President, Global Head of Product at Nuveen (since November 2019); Co-Chief Executive Officer of Nuveen Securities, LLC (since March 2020); Managing Member MDR Collaboratory LLC (since 2018); Managing Director, Head of Wealth Management Product Structuring & COO Multi Asset Investing, The Blackstone Group (2013-2017).   155

 

24


         
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Length of
Time Served
with Funds in
the Fund
Complex
 

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios in
Fund Complex
Served by
Officer

Christopher M. Rohrbacher

333 West Wacker Drive

Chicago, IL 60606

1971

  Vice President and Secretary  

Term: Annual

 

Length of Service: Since 2008

  Managing Director (since 2017), formerly, Senior Vice President (2016-2017), Co-General Counsel (since 2019) and Assistant Secretary (since 2016) of Nuveen Fund Advisors, LLC; Managing Director (since 2017) of Nuveen Securities, LLC; Managing Director (since 2017), formerly, Senior Vice President (2012-2017) and Associate General Counsel (since 2016), formerly, Assistant General Counsel (2008-2016) of Nuveen.   155

William A. Siffermann

333 West Wacker Drive

Chicago, IL 60606

1975

  Vice President  

Term: Annual

 

Length of Service: Since 2017

  Managing Director (since 2017), formerly Senior Vice President (2016-2017) and Vice President (2011-2016) of Nuveen.   155

E. Scott Wickerham

TIAA

730 Third Avenue

New York, NY 10017

1973

  Vice President and Controller  

Term: Annual

 

Length of Service: Since 2019

  Senior Managing Director, Head of Fund Administration at Nuveen, LLC (since 2019), formerly, Managing Director; Senior Managing Director (since 2019), Nuveen Fund Advisors, LLC; Principal Financial Officer, Principal Accounting Officer and Treasurer (since 2017) to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and the Treasurer (since 2017) to the CREF Accounts; Senior Director, TIAA-CREF Fund Administration (2014-2015); has held various positions with TIAA since 2006.   155

 

25


         
Name, Business Address
and Year of Birth
  Position(s)
Held with
Funds
  Length of
Time Served
with Funds in
the Fund
Complex
 

Principal Occupation(s)

During Past Five Years

  Number of
Portfolios in
Fund Complex
Served by
Officer

Gifford R. Zimmerman

333 West Wacker Drive

Chicago, IL 60606

1956

  Vice President and Assistant Secretary  

Term: Annual

 

Length of Service: Since 1996

  Managing Director (since 2002) and Assistant Secretary of Nuveen Securities, LLC; Managing Director (since 2002), Assistant Secretary (since 1997) and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC; Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset Management, LLC (since 2011); Managing Director (since 2004) and Assistant Secretary (since 1994) of Nuveen Investments, Inc.; Vice President and Assistant Secretary of NWQ Investment Management Company, LLC (since 2002); Vice President (since 2017), Managing Director (2003-2017) and Assistant Secretary (since 2003) of Symphony Asset Management LLC; Vice President and Assistant Secretary of Santa Barbara Asset Management, LLC (since 2006) and Winslow Capital Management, LLC (since 2010); Chartered Financial Analyst.   155

Independent Registered Public Accounting Firm

The Independent Board Members have unanimously selected PricewaterhouseCoopers LLP (“PwC”) as the independent registered public accounting firm to audit the books and records of each Fund for each Fund’s current fiscal year.

A representative of PwC will be present at the Meeting to make a statement, if such representative so desires, and to respond to shareholders’ questions. PwC has informed each applicable Fund that it has no direct or indirect material financial interest in the Funds, Nuveen, the Adviser or any other investment company sponsored by Nuveen.

 

26


Audit and Related Fees

The tables set forth in Appendix E provide the aggregate fees billed during each Fund’s last two fiscal years by each Fund’s independent registered public accounting firm for engagements directly related to the operations and financial reporting of each Fund including those relating (i) to each Fund for services provided to the Fund and (ii) to the Adviser and certain entities controlling, controlled by, or under common control with the Adviser that provide ongoing services to each Fund (“Adviser Entities”).

Audit Committee Pre-Approval Policies and Procedures

Generally, the Audit Committee must approve each Fund’s independent registered public accounting firm’s engagements (i) with the Fund for audit or non-audit services and (ii) with the Adviser and Adviser Entities for non-audit services if the engagement relates directly to the operations and financial reporting of the Fund. Regarding tax and research projects conducted by the independent registered public accounting firm for each Fund and the Adviser and Adviser Entities (with respect to the operations and financial reporting of each Fund), such engagements will be (i) pre-approved by the Audit Committee if they are expected to be for amounts greater than $10,000; (ii) reported to the Audit Committee chair for his verbal approval prior to engagement if they are expected to be for amounts under $10,000 but greater than $5,000; and (iii) reported to the Audit Committee at the next Audit Committee meeting if they are expected to be for an amount under $5,000.

The Audit Committee has approved in advance all audit services and non-audit services that the independent registered public accounting firm provided to each Fund and to the Adviser and Adviser Entities (with respect to the operations and financial reporting of each Fund). None of the services rendered by the independent registered public accounting firm to each Fund or the Adviser or Adviser Entities were pre-approved by the Audit Committee pursuant to the pre-approval exception under Rule 2.01(c)(7)(i)(C) or Rule 2.01(c)(7)(ii) of Regulation S-X.

Shareholder Approval

For the Corporation, the affirmative vote of a plurality of the shares present and entitled to vote at the Meeting will be required to elect the Board Members of the Corporation. This means that the nominees receiving the highest number of affirmative votes cast at the Meeting will be elected to serve as Board Members. For purposes of determining the approval of the proposal to elect nominees for the Corporation, abstentions and broker non-votes will have no effect on the election of Board Members.

The Board unanimously recommends that shareholders of each Fund vote FOR the election of each nominee of the Board.

 

27


PROPOSAL 2: REVISION TO FUNDAMENTAL INVESTMENT POLICY

(Nuveen Global Infrastructure Fund only)

The 1940 Act requires that funds adopt certain investment policies that can only be changed by a vote of shareholders. These policies are considered “fundamental.” A fund must adopt fundamental policies related to the classifications and sub-classifications under the 1940 Act under which the fund may operate; borrowing money; the issuance of senior securities; engaging in the business of underwriting securities issued by other persons; concentrating investments in a particular industry or group of industries; the purchase and sale of real estate and commodities; and making loans to other persons. These policies are commonly referred to as “fundamental investment restrictions.” A fund may also elect to designate other policies as fundamental.

Proposed Revision to Fundamental Policy Related to Industry Concentration

Current Fundamental Investment Policy

Nuveen Global Infrastructure Fund (the “Fund”) currently has the following fundamental investment policy, which can only be changed by a vote of the Fund’s shareholders:

The Fund will not concentrate its investments in a particular industry.

Proposed Fundamental Investment Policy

The Board has proposed the following fundamental investment policy:

 

The Fund shall concentrate its investments in securities of issuers in infrastructure industries.

Under normal market conditions, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities issued by U.S. and non-U.S. infrastructure-related companies. Infrastructure-related companies are composed of issuers in a variety of infrastructure-related industries, including electric utilities, transportation infrastructure and wireless telecommunication services. Pursuant to the Fund’s fundamental industry concentration policy, the Fund currently may not invest more than 25% of the value of its assets in any single such industry. From time to time, certain infrastructure industries may represent more than 25% of the infrastructure sector, as represented by the Fund’s benchmark, the S&P Global Infrastructure Index. As a result the Fund’s industry concentration policy may require underweighting the largest industries within the sector, as represented by the benchmark and limit the investment team’s ability to express industry-specific conviction.

Therefore, the Fund proposes to adopt a fundamental industry concentration policy, consistent with that of many peer infrastructure funds and other funds in the Fund Complex with a sector focus, to concentrate (i.e., invest more than 25% of the value of its assets) in securities of issuers in the group of industries that constitute the infrastructure sector.

The definition of “infrastructure industries” includes the following industries (as measured by reference to the Global Industry Classification Standard, or GICS): Air Freight and Logistics; Airlines; Electric Utilities; Energy Equipment and Services; Gas Utilities; Independent Power

 

28


and Renewable Electricity Producers; Marine; Multi-Utilities; Oil, Gas and Consumable Fuels; Road and Rail; Transportation Infrastructure; and Water Utilities.

The rationale for changing from non-concentrated to concentrated is to facilitate the implementation of the Fund’s investment strategy within the infrastructure sector and enable the Fund’s portfolio management team to better express their convictions within the sector. The Board believes that the proposed amendment to the fundamental policy regarding industry concentration will provide the Fund with greater investment flexibility and improve the investment team’s ability to efficiently execute the investment strategy for Fund shareholders.

The Board recommends that you vote FOR this proposal.

Shareholder Approval

The above proposed revision to the Fund’s fundamental investment policy must be approved by a vote of a majority of the outstanding voting securities of the Fund, with all classes of shares voting together as a single class. The “vote of a majority of the outstanding voting securities” is defined in the 1940 Act as the lesser of the vote of (i) 67% or more of the shares of the Fund entitled to vote thereon present at the meeting if the holders of more than 50% of such outstanding shares are present in person or represented by proxy; or (ii) more than 50% of such outstanding shares of the Fund entitled to vote thereon. For purposes of determining the approval of the above proposal, abstentions and broker non-votes will have the same effect as shares voted against the proposal.

If approved by shareholders of the Fund, the amended and restated fundamental investment policy will become effective when the Fund’s Statement of Additional Information (“SAI”) is revised or supplemented to reflect the amendment. If the proposed amendment is not approved by the Fund’s shareholders, the current fundamental investment policy will remain in effect.

 

29


ADDITIONAL INFORMATION

Attending the Meeting

In light of public health concerns regarding the ongoing coronavirus disease 2019 (COVID-19) pandemic, the Meeting will be held in a virtual meeting format only. Shareholders will not be able to attend the Meeting in person. Shareholders may participate in the Meeting at www.meetingcenter.io/251819459 by entering the control number found on the shareholder’s proxy card and password NUV2020 at the date and time of the Meeting. Shareholders may vote during the Meeting by following the instructions that will be available on the Meeting website during the Meeting.

If your shares are registered in your name, you do not need to register to attend the Meeting virtually on the Internet. If you hold your shares through an intermediary, such as a bank or broker, you must register in advance to attend the Meeting virtually on the Internet.

To register to attend the Meeting online by webcast, you must submit proof of your proxy power (legal proxy) reflecting your Fund holdings along with your name and email address to shareholdermeetings@computershare.com. You must contact the bank or broker who holds your shares to obtain your legal proxy. Requests for registration must be labeled as “Legal Proxy” and be received no later than 5:00 p.m., Eastern Time, three business days prior to the Meeting date.

You will receive a confirmation of your registration by email after we receive your registration materials.

Requests for registration should be directed to us by emailing an image of your legal proxy to shareholdermeetings@computershare.com.

Principal Shareholders

The persons who held of record more than 5% of any class of shares of each Fund, as of the Record Date, are set forth on Appendix F. To the knowledge of the Funds, as of the Record Date, no shareholder owned, beneficially or of record, more than 5% of any class of shares of any Fund, except as provided in Appendix F.

Information About the Adviser and Distributor

The Adviser

Nuveen Fund Advisors, LLC (“Nuveen Fund Advisors”), the Funds’ investment adviser, offers advisory and investment management services to a broad range of clients, including investment companies and other pooled investment vehicles. Nuveen Fund Advisors has overall responsibility for management of the Funds, oversees the management of the Funds’ portfolios, manages the Funds’ business affairs and provides certain clerical, bookkeeping and other administrative services. Nuveen Fund Advisors is located at 333 West Wacker Drive, Chicago, Illinois 60606. Nuveen Fund Advisors is a subsidiary of Nuveen, LLC, the investment management arm of Teachers Insurance and Annuity Association of America (“TIAA”). TIAA is a life insurance company founded in 1918 by the Carnegie Foundation for the Advancement of Teaching and is the companion organization of College Retirement Equities Fund. As of June 30, 2020, Nuveen, LLC managed approximately $1.05 trillion in assets, of which approximately $144.4 billion was managed by Nuveen Fund Advisors.

 

30


Nuveen Fund Advisors has selected its affiliate, Nuveen Asset Management, LLC (“Nuveen Asset Management”), located at 333 West Wacker Drive, Chicago, Illinois 60606, to serve as sub-adviser to each Fund. Nuveen Asset Management manages the investment of the Funds’ assets on a discretionary basis, subject to the supervision of Nuveen Fund Advisors.

The Distributor

Nuveen Securities, LLC, 333 West Wacker Drive, Chicago, Illinois 60606, serves as the distributor for the Funds’ shares.

Shareholder Proposals

The Corporation generally does not hold annual shareholders’ meetings, but will hold special meetings as required or deemed desirable. Because the Corporation does not hold regular shareholders’ meetings, the anticipated date of the next special shareholders’ meeting (if any) cannot be provided. Shareholders wishing to submit proposals for inclusion in a proxy statement for a subsequent meeting of shareholders of the Corporation should send their written proposal to the Corporation at 333 West Wacker Drive, Chicago, Illinois 60606. Proposals must be received a reasonable time before the Corporation begins to print and mail its proxy materials for the meeting.

Shareholder Communications

Fund shareholders who want to communicate with the Board or any individual Board Member should write to the attention of William Siffermann, Manager of Fund Board Relations, Nuveen, 333 West Wacker Drive, Chicago, Illinois 60606. The letter should indicate that you are a Fund shareholder and note the Fund or Funds that you own. If the communication is intended for a specific Board Member and so indicates it will be sent only to that Board Member. If a communication does not indicate a specific Board Member, it will be sent to the Independent Chair and the outside counsel to the Independent Board Members for further distribution as deemed appropriate by such persons.

Expenses of Proxy Solicitation

The cost of preparing, printing and mailing the enclosed proxy, accompanying notice and proxy statement and all other costs in connection with the solicitation of proxies will be paid by the Funds (allocated among the Funds based on relative net assets). Solicitation may be made by letter or telephone by officers or employees of Nuveen or the Adviser, or by dealers and their representatives. The Funds have engaged Computershare Fund Services to assist in the solicitation of proxies. No solicitation expenses are expected for any Fund in connection with Proposal 1. An estimated cost of $7,500 plus reasonable expenses is expected for Nuveen Global Infrastructure Fund in connection with Proposal 2.

Fiscal Year

The fiscal year end of each Fund is set forth on Appendix A.

 

31


Shareholder Report Delivery

Shareholder reports will be sent to shareholders of record of each Fund following the applicable period. Each Fund will furnish, without charge, a copy of its annual report and/or semi-annual report as available upon request. Such written or oral requests should be directed to such Fund at 333 West Wacker Drive, Chicago, Illinois 60606 or by calling 1-800-257-8787.

Please note that only one annual report, semi-annual report or proxy statement may be delivered to two or more shareholders of a Fund who share an address, unless the Fund has received instructions to the contrary. To request a separate copy of an annual report, semi-annual report or proxy statement, or for instructions as to how to request a separate copy of such documents or as to how to request a single copy if multiple copies of such documents are received, shareholders should contact the applicable Fund at the address and phone number set forth above.

Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting To Be Held on November 16, 2020

Each Fund’s proxy statement is available at www.nuveenproxy.com/Mutual-Fund-Proxy-Information/. For more information, shareholders may also contact the applicable Fund at the address and phone number set forth above.

General

Management does not intend to present and does not have reason to believe that any other items of business will be presented at the Meeting. However, if other matters are properly presented to the Meeting for a vote, the proxies will be voted by the persons acting under the proxies upon such matters in accordance with their judgment of the best interests of the Fund.

A list of shareholders entitled to be present and to vote at the Meeting will be available at the offices of the Funds, 333 West Wacker Drive, Chicago, Illinois, for inspection by any shareholder during regular business hours beginning ten days prior to the date of the Meeting.

Failure of a quorum to be present at the Meeting will necessitate adjournment and may subject your Fund to additional expense. The persons named in the enclosed proxy may also move for an adjournment of the Meeting to permit further solicitation of proxies with respect to any proposal if they determine that adjournment and further solicitation is reasonable and in the best interests of the Funds. Under each Fund’s By-Laws, an adjournment of a meeting with respect to a matter requires the affirmative vote of a majority of the shares entitled to vote on the matter present in person (virtually) or represented by proxy at the Meeting. The persons named in the enclosed proxy card will vote in favor of any such adjournment if they believe the adjournment and additional proxy solicitation are reasonable and in the best interests of shareholders.

IF YOU CANNOT BE PRESENT AT THE MEETING (VIRTUALLY), YOU ARE REQUESTED TO FILL IN, SIGN AND RETURN THE ENCLOSED PROXY PROMPTLY. NO POSTAGE IS REQUIRED IF MAILED IN THE UNITED STATES.

Christopher M. Rohrbacher

Vice President and Secretary

September 30, 2020

 

32


APPENDIX A

FUND INFORMATION

 

Shares of Each Class Outstanding as of the Record Date

 
Fund Name   Abbreviated Fund Name   Fiscal
Year
End
    Class A     Class C     Class C1     Class C2     Class R3     Class R6     Class I  
 

Nuveen Investment Funds, Inc.

                 
Nuveen Dividend Value Fund   Dividend Value Fund     10/31       13,897,707       1,184,449                   1,466,748       120,556,222       36,302173  
Nuveen Global Infrastructure Fund   Global Infrastructure Fund     12/31       4,116,078       1,802,759                   21,449       8,070,714       40,397,602  
Nuveen Credit Income Fund   Credit Income Fund     06/30       12,061,525       3,015,608                   35,296             14,332,277  
Nuveen Large Cap Select Fund   Large Cap Select Fund     10/31       756,765       59,880                               504,017  
Nuveen Mid Cap Growth Opportunities Fund   Mid Cap Growth Opportunities Fund     10/31       5,467,759       300,032                   589,708       653,890       3,355,299  
Nuveen Mid Cap Value Fund   Mid Cap Value Fund     10/31       1,139,209       146,545                   228,163       464,145       5,967,647  
Nuveen Minnesota Intermediate Municipal Bond Fund   Minnesota Intermediate Municipal Bond Fund     05/31       11,791,693       1,317,661       2,323       399,376                   27,807,646  
Nuveen Minnesota Municipal Bond Fund   Minnesota Municipal Bond Fund     05/31       21,345,802       2,852,175       48,418       450,516                   29,285,778  
Nuveen Nebraska Municipal Bond Fund   Nebraska Municipal Bond Fund     05/31       4,550,918       275,338       9,517       136,430                   4,949,248  
Nuveen Oregon Intermediate Municipal Bond Fund   Oregon Intermediate Municipal Bond Fund     05/31       2,731,591       447,291             296,551                   21,241,035  
Nuveen Real Asset Income Fund   Real Asset Income Fund     12/31       7,892,664       7,571,234                         4,399,537       54,675,517  
Nuveen Real Estate Securities Fund   Real Estate Securities Fund     12/31       10,151,486       1,025,701                   719,038       23,203,424       89,570,991  
Nuveen Short Term Municipal Bond Fund   Short Term Municipal Bond Fund     03/31       28,922,414       1,738,557             382,067                   45,021,692  
Nuveen Small Cap Growth Opportunities Fund   Small Cap Growth Opportunities Fund     10/31       1,527,227       105,563                   56,512       35,632       5,138,381  
Nuveen Small Cap Select Fund   Small Cap Select Fund     10/31       6,445,684       194,756                   674,068       186,778       2,922,581  
Nuveen Small Cap Value Fund   Small Cap Value Fund     10/31       6,305,695       1,616,194                   1,392,644       5,214,632       28,192,623  
Nuveen Strategic Income Fund   Strategic Income Fund     06/30       10,638,576       3,220,085                   282,749       5,799,429       37,911,025  

 

A-1


APPENDIX B

SHARE OWNERSHIP

Dollar Range of Equity Securities By Board Members and Member Nominees

The following table lists the dollar range of equity securities beneficially owned by each Board Member and nominee in each Fund and in all Nuveen funds overseen by the Board Member or nominee as of December 31, 2019. The information as to beneficial ownership is based on statements furnished by each Board Member or nominee.

 

Fund   Evans   Hunter   Moschner   Nelson   Stockdale   Stone   Thornton(1)   Toth   Wolff   Young

Nuveen Investment Funds, Inc.

Dividend Value Fund   Over $100,000   $0   $0   $0   Over $100,000   $10,001-$50,000   $0   Over $100,000   Over $100,000   $0
Global Infrastructure Fund   $0   $0   $0   $0   $0   $0   $0   Over $100,000   $0   $0
Credit Income Fund   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Large Cap Select Fund   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Mid Cap Growth Opportunities Fund   Over $100,000   $0   $0   $0   Over $100,000   $50,001-$100,000   $0   $10,001-$50,000   $0   $0
Mid Cap Value Fund   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Minnesota Intermediate Municipal Bond Fund   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Minnesota Municipal Bond Fund   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Nebraska Municipal Bond Fund   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Oregon Intermediate Municipal Bond Fund   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Real Asset Income Fund   Over $100,000   Over $100,000   $0   $0   Over $100,000   Over $100,000   $0   Over $100,000   Over $100,000   $50,001-$100,000
Real Estate Securities Fund   $0   $0   $0   Over $100,000   $0   $0   $0   $50,001-$100,000   $0   $0
Short Term Municipal Bond Fund   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Small Cap Growth Opportunities Fund   $0   $0   $0   $0   $0   $0   $0   $10,001-$50,000   $0   $0
Small Cap Select Fund   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Small Cap Value Fund   $0   $0   $0   $0   $0   $0   $0   Over $100,000   $0   $0
Strategic Income Fund   $0   $0   $0   $0   $0   $0   $0   Over $100,000   $0   $0
Aggregate Range of Equity Securities in All Registered Investment Companies Overseen by Board Member Nominees in Family of Investment Companies   Over $100,000   Over $100,000   Over $100,000   Over $100,000   Over $100,000   Over $100,000   $0   Over $100,000   Over $100,000   Over $100,000

 

(1)

Matthew Thornton III does not currently serve as a Board Member. He is a nominee for election at the Meeting.

 

B-1


Fund Shares Owned By Board Members, Nominees And Executive Officers(1)

The following table sets forth, for each Board Member and nominee, the principal executive officer of the Funds, the principal financial officer of the Funds and for the Board Members, nominees and executive officers as a group, the amount of shares beneficially owned in each Fund as of December 31, 2019. The information as to beneficial ownership is based on statements furnished by each Board Member, nominee and executive officer.

 

Fund   Evans   Hunter   Moschner   Nelson   Stockdale   Stone   Thornton(2)   Toth   Wolff   Young   All Board Members
and Executive
Officers as a Group

Nuveen Investment Funds, Inc.

Dividend Value Fund   10,262   0   0   0   12,481   1,382   0   13,233   8,751   0   46,110
Global Infrastructure Fund   0   0   0   0   0   0   0   17,820   0   0   29,653
Credit Income Fund   0   0   0   0   0   0   0   0   0   0   5,238
Large Cap Select Fund   0   0   0   0   0   0   0   0   0   0   2,803
Mid Cap Growth Opportunities Fund   3,907   0   0   0   3,620   1,863     1,277   0   0   12,642
Mid Cap Value Fund   0   0   0   0   0   0   0   0   0   0   288
Minnesota Intermediate Municipal Bond Fund   0   0   0   0   0   0   0   0   0   0   0
Minnesota Municipal Bond Fund   0   0   0   0   0   0   0   0   0   0   0
Nebraska Municipal Bond Fund   0   0   0   0   0   0   0   0   0   0   0
Oregon Intermediate Municipal Bond Fund   0   0   0   0   0   0   0   0   0   0   0
Real Asset Income Fund   6,011   12,501   0   0   6,368   8,318   0   5,631   4,913   2,502   48,624
Real Estate Securities Fund   0   0   0   13,073   0   0   0   2,748   0   0   17,478
Short Term Municipal Bond Fund   0   0   0   0   0   0   0     0   0   0
Small Cap Growth Opportunities Fund   0   0   0   0   0   0   0   1,332   0   0   1,332
Small Cap Select Fund   0   0   0   0   0   0   0   0   0   0   5,685
Small Cap Value Fund   0   0   0   0   0   0   0   4,680   0   0   4,680
Strategic Income Fund   0   0   0   0   0   0   0   21,205   0   0   27,006

 

(1)

The numbers include share equivalents of certain Nuveen funds in which the Board Member is deemed to be invested pursuant to the Deferred Compensation Plan for Independent Board Members as more fully described in the Proxy Statement.

(2)

Matthew Thornton III does not currently serve as a Board Member. He is a nominee for election at the Meeting.

 

B-2


APPENDIX C

BOARD MEMBER COMPENSATION

Aggregate Compensation from the Funds(1)

 

Fund    Fiscal
Year End
    Evans      Hunter     Moschner     Nelson     Stockdale     Stone     Thornton(2)     Toth      Wolff      Young  
Nuveen Investment Funds, Inc.                          
Dividend Value Fund      10/31       $3,068        $3,135       $2,794       $3,234       $2,985       $3,145       N/A       $3,733        $2,879        $2,720  
Global Infrastructure Fund      12/31       $1,419        $1,451       $1,292       $1,496       $1,381       $1,451       N/A       $1,730        $1,324        $1,261  
Credit Income Fund      06/30       $624        $859       $579       $673       $608       $641       N/A       $762        $777        $821  
Large Cap Select Fund      10/31       $187        $192       $172       $198       $181       $185       N/A       $229        $172        $172  
Mid Cap Growth Opportunities Fund      10/31       $1,353        $1,378       $1,234       $1,421       $1,314       $1,389       N/A       $1,639        $1,275        $1,192  
Mid Cap Value Fund      10/31       $864        $884       $786       $913       $843       $881       N/A       $1,056        $808        $767  
Minnesota Intermediate Municipal Bond Fund      05/31       $983        $1,030       $926       $1,063       $942       $990       N/A       $1,214        $915        $945  
Minnesota Municipal Bond Fund      05/31       $1,300        $1,358       $1,227       $1,404       $1,247       $1,310       N/A       $1,608        $1,213        $1,255  
Nebraska Municipal Bond Fund      05/31       $220        $230       $207       $237       $212       $224       N/A       $272        $204        $215  
Oregon Intermediate Municipal Bond Fund      05/31       $627        $657       $590       $677       $603       $638       N/A       $773        $582        $613  
Real Asset Income Fund      12/31       $5,333        $5,514       $4,912       $5,624       $5,186       $5,455       N/A       $6,495        $5,033        $4,795  
Real Estate Securities Fund      12/31       $9,239        $9,426       $8,420       $9,733       $8,999       $9,434       N/A       $11,250        $8,639        $8,178  
Short Term Municipal Bond Fund      03/31       $1,547        $1,644       $1,463       $1,717       $1,567       $1,648       N/A       $1,974        $1,502        $1,647  
Small Cap Growth Opportunities Fund      10/31       $410        $429       $373       $441       $398       $413       N/A       $502        $373        $382  
Small Cap Select Fund      10/31       $284        $290       $259       $299       $276       $291       N/A       $345        $267        $251  
Small Cap Value Fund      10/31       $5,432        $5,530       $4,954       $5,707       $5,282       $5,567       N/A       $6,589        $5,115        $4,784  
Strategic Income Fund      06/30       $1,604        $1,672       $1,500       $1,722       $1,569       $1,647       N/A       $1,964        $1,501        $1,629  

 

(1) 

Includes deferred fees. Pursuant to a deferred compensation agreement with certain of the Funds, deferred amounts are treated as though an equivalent dollar amount has been invested in shares of one or more Participating Funds. Total deferred fees for the Funds (including the return from the assumed investment in the Participating Funds) payable are:

 

C-1


Fund    Evans      Hunter      Moschner      Nelson      Stockdale      Stone      Thornton(2)      Toth      Wolff      Young  
Nuveen Investment Funds, Inc.                              
Dividend Value Fund      $326        N/A        N/A        N/A        $579        $1,631        N/A        N/A        $1,007        $2,720  
Global Infrastructure Fund      $151        N/A        N/A        N/A        $268        $750        N/A        N/A        $459        $1,261  
Credit Income Fund      $59        N/A        N/A        N/A        $133        $300        N/A        N/A        $254        $821  
Large Cap Select Fund      N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A  
Mid Cap Growth Opportunities Fund      $145        N/A        N/A        N/A        $253        $723        N/A        N/A        $448        $1,192  
Mid Cap Value Fund      $91        N/A        N/A        N/A        $165        $454        N/A        N/A        $281        $767  
Minnesota Intermediate Municipal Bond Fund      $84        N/A        N/A        N/A        $197        $428        N/A        N/A        $296        $945  
Minnesota Municipal Bond Fund      $111        N/A        N/A        N/A        $263        $562        N/A        N/A        $393        $1,255  
Nebraska Municipal Bond Fund      N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A  
Oregon Intermediate Municipal Bond Fund      N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A  
Real Asset Income Fund      $568        N/A        N/A        N/A        $1,007        $2,821        N/A        N/A        $1,742        $4,795  
Real Estate Securities Fund      $986        N/A        N/A        N/A        $1,745        $4,881        N/A        N/A        $2,997        $8,178  
Short Term Municipal Bond Fund      $127        N/A        N/A        N/A        $241        $616        N/A        N/A        $399        $1,254  
Small Cap Growth Opportunities Fund      N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A        N/A  
Small Cap Select Fund      $30        N/A        N/A        N/A        $53        $151        N/A        N/A        $94        $251  
Small Cap Value Fund      $581        N/A        N/A        N/A        $1,019        $2,896        N/A        N/A        $1,796        $4,784  
Strategic Income Fund      $149        N/A        N/A        N/A        $356        $746        N/A        N/A        $497        $1,629  

 

(2)  

Matthew Thornton III does not currently serve as a Board Member. He is a nominee for election at the Meeting. As of each Fund’s most recent fiscal year end, Mr. Thornton had not received any compensation from the Funds or other funds in the Nuveen fund complex.

 

C-2


APPENDIX D

BOARD AND COMMITTEE MEETINGS

HELD DURING CALENDAR YEAR ENDED DECEMBER 31, 2019*

 

Regular
Board
Meetings
     Special Board
Meetings
     Executive
Committee
   Dividend
Committee
   Audit Committee    Compliance
Committee
   Nominating and
Governance
Committee
   Open-End Funds
Committee
6      9      0    4    4    5    5    4

 

*

Information is presented on a calendar year basis, as the Funds have different fiscal year ends.

 

D-1


APPENDIX E

AUDIT AND RELATED FEES

 

          Audit Fees(1)   Audit Related Fees(2)   Tax Fees(3)   All Other Fees(4)
        Funds   Funds   Adviser and
Related Entities
  Funds   Adviser and
Related Entities
  Funds   Adviser and
Related Entities
     Fiscal
Year End
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2020
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2020
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2020
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2020
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2020
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2020
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2020

Nuveen Investment Funds, Inc.

Credit Income Fund   06/30   $33,590   $34,965   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Minnesota Intermediate Municipal Bond Fund   05/31   $19,940   $20,335   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Minnesota Municipal Bond Fund   05/31   $20,165   $20,950   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Nebraska Municipal Bond Fund   05/31   $18,805   $19,295   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Oregon Intermediate Municipal Bond Fund   05/31   $19,425   $19,820   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Short Term Municipal Bond Fund   03/31   $21,030   $20,995   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0
Strategic Income Fund   06/30   $46,015   $46,995   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0   $0

 

E-1


          Audit Fees(1)   Audit Related Fees(2)   Tax Fees(3)   All Other Fees(4)
        Funds   Funds   Adviser and
Related Entities
  Funds   Adviser and
Related Entities
  Funds   Adviser and
Related Entities
     Fiscal
Year End
  Fiscal
Year
Ended
2018
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2018
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2018
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2018
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2018
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2018
  Fiscal
Year
Ended
2019
  Fiscal
Year
Ended
2018
  Fiscal
Year
Ended
2019

Nuveen Investment Funds, Inc.

Dividend Value Fund   10/31   $19,071   $18,740   $0   $0   $0   $0   $2,979   $3,020   $0   $0   $0   $0   $0   $0
Global Infrastructure Fund   12/31   $46,663   $46,310   $0   $0   $0   $0   $21,943   $19,649   $0   $0   $0   $0   $0   $0
Large Cap Select Fund   10/31   $14,523   $14,615   $0   $0   $0   $0   $0   $3,020   $0   $0   $0   $0   $0   $0
Mid Cap Growth Opportunities Fund   10/31   $17,520   $16,370   $0   $0   $0   $0   $2,979   $3,020   $0   $0   $0   $0   $0   $0
Mid Cap Value Fund   10/31   $14,712   $15,660   $3,500   $0   $0   $0   $2,979   $3,020   $0   $0   $0   $0   $0   $0
Real Asset Income Fund   12/31   $52,903   $51,885   $0   $0   $0   $0   $3,283   $1,210   $0   $0   $0   $0   $0   $0
Real Estate Securities Fund   12/31   $58,452   $57,950   $0   $0   $0   $0   $5,683   $954   $0   $0   $0   $0   $0   $0
Small Cap Growth Opportunities Fund   10/31   $14,647   $14,745   $0   $0   $0   $0   $2,979   $3,020   $0   $0   $0   $0   $0   $0
Small Cap Select Fund   10/31   $14,752   $14,775   $3,500   $0   $0   $0   $2,979   $3,020   $0   $0   $0   $0   $0   $0
Small Cap Value Fund   10/31   $23,593   $22,920   $0   $0   $0   $0   $2,169   $3,020   $0   $0   $0   $0   $0   $0

 

(1)

“Audit Fees” are the aggregate fees billed for professional services for the audit of the Fund’s annual financial statements and services provided in connection with statutory and regulatory filings or engagements.

(2)

“Audit Related Fees” are the aggregate fees billed for assurance and related services reasonably related to the performance of the audit or review of financial statements that are not reported under “Audit Fees”. These fees include offerings related to the Fund’s common shares and leverage.

(3)

“Tax Fees” are the aggregate fees billed for professional services for tax advice, tax compliance, and tax planning. These fees include: all global withholding tax services; excise and state tax reviews; capital gain, tax equalization and taxable basis calculation performed by the principal accountant.

(4)

“All Other Fees” are the aggregate fees billed for products and services other than “Audit Fees”, “Audit-Related Fees” and “Tax Fees”. These fees represent all “Agreed-Upon Procedures” engagements pertaining to the Fund’s use of leverage.

 

E-2


           Total Non-Audit Fees
Billed to Fund
   Total Non-Audit Fees Billed  to
Advisers and Adviser Entities
(Engagements Related Directly to the
Operations and Financial
Reporting of Fund)
   Total Non-Audit Fees Billed  to
Advisers and Adviser Entities
(All Other Engagements)
   Total
     Fiscal
Year
End
   Fiscal
Year
Ended
2019
   Fiscal
Year
Ended
2020
   Fiscal
Year
Ended
2019
   Fiscal
Year
Ended
2020
   Fiscal
Year
Ended
2019
   Fiscal
Year
Ended
2020
   Fiscal
Year
Ended
2019
   Fiscal
Year
Ended
2020

Nuveen Investment Funds, Inc.

Credit Income Fund   06/30    $0    $0    $0    $0    $0    $0    $0    $0
Minnesota Intermediate Municipal Bond Fund   05/31    $0    $0    $0    $0    $0    $0    $0    $0
Minnesota Municipal Bond Fund   05/31    $0    $0    $0    $0    $0    $0    $0    $0
Nebraska Municipal Bond Fund   05/31    $0    $0    $0    $0    $0    $0    $0    $0
Oregon Intermediate Municipal Bond Fund   05/31    $0    $0    $0    $0    $0    $0    $0    $0
Short Term Municipal Bond Fund   03/31    $0    $0    $0    $0    $0    $0    $0    $0
Strategic Income Fund   06/30    $0    $0    $0    $0    $0    $0    $0    $0

 

           Total Non-Audit Fees
Billed to Fund
   Total Non-Audit Fees Billed  to
Advisers and Adviser Entities
(Engagements Related Directly to the
Operations and Financial
Reporting of Fund)
   Total Non-Audit Fees Billed  to
Advisers and Adviser Entities
(All Other Engagements)
   Total
     Fiscal
Year
End
   Fiscal
Year
Ended
2018
   Fiscal
Year
Ended
2019
   Fiscal
Year
Ended
2018
   Fiscal
Year
Ended
2019
   Fiscal
Year
Ended
2018
   Fiscal
Year
Ended
2019
   Fiscal
Year
Ended
2018
   Fiscal
Year
Ended
2019

Nuveen Investment Funds, Inc.

Dividend Value Fund   10/31    $2,979    $3,020    $0    $0    $0    $0    $2,979    $3,020
Global Infrastructure Fund   12/31    $21,943    $19,649    $0    $0    $0    $0    $21,943    $19,649
Large Cap Select Fund   10/31    $0    $3,020    $0    $0    $0    $0    $0    $3,020
Mid Cap Growth Opportunities Fund   10/31    $2,979    $3,020    $0    $0    $0    $0    $2,979    $3,020
Mid Cap Value Fund   10/31    $2,979    $3,020    $0    $0    $0    $0    $2,979    $3,020
Real Asset Income Fund   12/31    $3,283    $1,210    $0    $0    $0    $0    $3,283    $1,210
Real Estate Securities Fund   12/31    $5,683    $954    $0    $0    $0    $0    $5,683    $954
Small Cap Growth Opportunities Fund   10/31    $2,979    $3,020    $0    $0    $0    $0    $2,979    $3,020
Small Cap Select Fund   10/31    $2,979    $3,020    $0    $0    $0    $0    $2,979    $3,020
Small Cap Value Fund   10/31    $2,169    $3,020    $0    $0    $0    $0    $2,169    $3,020

 

E-3


APPENDIX F

LIST OF HOLDERS OF MORE THAN 5% OF ANY

CLASS OF SHARES IN EACH FUND

As of September 17, 2020, the following record owners of the specified Fund and class held the share amounts and corresponding percentages indicated below, which was owned either (i) beneficially by such persons or (ii) of record by such persons on behalf of customers who are the beneficial owners of such shares. Beneficial owners of 25% or more of a class of a Fund are presumed to be in control of the class for purposes of voting on certain matters submitted to shareholders.

 

       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 

Nuveen Investment Funds, Inc.

     

Nuveen Dividend Value Fund – Class A

  Charles Schwab & Co Inc     4,528,226.8040       32.58
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  Edward D Jones & Co     826,910.4410       5.95
  For the Benefit of Customers    
  12555 Manchester Rd    
    Saint Louis MO 63131-3710                

Nuveen Dividend Value Fund – Class C

  National Financial Services LLC     224,933.9230       18.99
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  LPL Financial     203,523.2480       17.18
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  Wells Fargo Clearing Services LLC     127,450.3490       10.76
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Charles Schwab & Co Inc     111,303.7420       9.40
  Special Custody Acct FBO Customers    
  Attn: Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    

 

F-1


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  UBS WM USA     96,118.5430       8.11
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  American Enterprise Investment Serv     78,375.2030       6.62
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Great-West Trust Co LLC Trustee/C     74,320.3550       6.27
  FBO Retirement Plans    
  8515 E Orchard Rd 2T2    
  Greenwood Vlg CO 80111-5002    
  Raymond James     71,284.0000       6.02
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  Pershing LLC     64,815.2310       5.47
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Dividend Value Fund – Class R3

  PIMS/Prudential Retirement     916,914.6490       62.51
  As Nominee for the Ttee/Cust    
  Prudential SmartSolution IRA    
  280 Trumbull St.    
  Hartford CT 06103-3509    
  PIMS/Prudential Retirement     173,259.1000       11.81
  As Nominee for the Ttee/Cust    
  Prudential SmartSolution IRA    
  280 Trumbull St.    
  Hartford CT 06103-3509    
  PIMS/Prudential Retirement     115,007.7640       7.84
  As Nominee for the Ttee/Cust    
  Prudential SmartSolution IRA    
  280 Trumbull St.    
    Hartford CT 06103-3509                

Nuveen Dividend Value Fund – Class R6

  TIAA-CREF IMF Lifecycle Fund #2040     21,859,858.2630       18.13
  Attn Janice Carnicelli    
  MSC 730/07/01    
  730 3rd Ave    
  New York NY 10017-3206    
  TIAA-CREF IMF Lifecycle Fund #2035     16,552,156.1650       13.73
  Attn Janice Carnicelli    
  MSC 730/07/01    
  730 3rd Ave    
  New York NY 10017-3206    

 

F-2


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  TIAA-CREF IMF Lifecycle Fund #2045     15,047,905.4590       12.48
  Attn Janice Carnicelli    
  MSC 730/07/01    
  730 3rd Ave    
  New York NY 10017-3206    
  TIAA-CREF IMF Lifecycle Fund #2030     14,306,507.6140       11.87
  Attn Janice Carnicelli    
  MSC 730/07/01    
  730 3rd Ave    
  New York NY 10017-3206    
  TIAA-CREF IMF Lifecycle Fund #2025     11,885,052.9550       9.86
  Attn Janice Carnicelli    
  MSC 730/07/01    
  730 3rd Ave    
  New York NY 10017-3206    
  TIAA-CREF IMF Lifecycle Fund #2050     10,828,856.8530       8.98
  Attn Janice Carnicelli    
  MSC 730/07/01    
  730 3rd Ave    
  New York NY 10017-3206    
  TIAA-CREF IMF Lifecycle Fund #2020     7,714,536.2550       6.40
  Attn Janice Carnicelli    
  MSC 730/07/01    
  730 3rd Ave    
    New York NY 10017-3206                

Nuveen Dividend Value Fund – Class I

  JP Morgan Chase Bank NA FBO     21,541,437.2880       59.27
  TIAA-CREF Trust Co as Cust    
  For IRA Clients    
  4 Metrotech Ctr    
  Brooklyn NY 11245-0004    
  Band & Co     2,835,198.2700       7.80
  C/O US Bank    
  PO Box 1787    
    Milwaukee WI 53201-1787                

Nuveen Global Infrastructure Fund – Class A

  National Financial Services LLC     678,059.5330       16.47
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    

 

F-3


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Raymond James     608,315.9420       14.78
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  Charles Schwab & Co Inc     395,661.8280       9.61
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  LPL Financial     378,292.1230       9.19
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  American Enterprise Investment Serv     357,421.0380       8.68
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Wells Fargo Clearing Services LLC     325,329.7720       7.90
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Pershing LLC     294,540.6850       7.16
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Global Infrastructure Fund – Class C

  National Financial Services LLC     763,839.7100       42.36
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  American Enterprise Investment Serv     219,215.1540       12.16
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Wells Fargo Clearing Services LLC     104,976.0930       5.82
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  LPL Financial     100,535.8380       5.58
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    

 

F-4


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Raymond James     92,774.5140       5.15
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
    St Petersburg FL 33716-1102                

Nuveen Global Infrastructure Fund – Class R3

  Matrix Trust Company Cust. FBO     14,275.4930       66.55
  CME Acquisitions, LLC DBA Cleveland    
  717 17th Street    
  Suite 1300    
  Denver CO 80202-3304    
  FIIOC FBO     2,474.9470       11.54
  Julius Silvert Inc    
  401K Profit Sharing Plan and Trust    
  100 Magellan Way    
  Covington KY 41015-1987    
  Mid Atlantic Trust Company FBO     2,425.5000       11.31
  Hardin Staffing, Inc. 401(K) Profit    
  1251 Waterfront Place, Suite 525    
  Pittsburgh PA 15222-4228    
  FIIOC     1,082.3640       5.05
  FBO Lawhon & Associates Inc    
  401 (K) Profit Sharing Plan    
  100 Magellan Way    
    Covington KY 41015-1987                

Nuveen Global Infrastructure Fund – Class R6

  Band & Co     2,603,670.8540       32.28
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    
  Northern Tr Co Cust FBO Children’s     2,226,288.7720       27.60
  Medical Center Fnd Tr    
  PO Box 92956    
  Chicago IL 60675-2956    
  Northern Tr Co Cust FBO Federated     1,816,765.1340       22.53
  Mutual Insurance Tr    
  PO Box 92956    
  Chicago IL 60675-2956    
  Capinco     799,376.6580       9.91
  C/O US Bank    
  PO Box 1787    
    Milwaukee WI 53201-1787                

Nuveen Global Infrastructure Fund – Class I

  American Enterprise Investment Serv     5,035,743.9370       12.47
  707 2nd Ave S    
  Minneapolis MN 55402-2405    

 

F-5


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Merrill Lynch Pierce Fenner     4,999,672.7800       12.39
  & Smith Safekeeping    
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    
  Band & Co     3,682,118.9500       9.12
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    
  SEI Private Trust Company     3,519,182.1200       8.72
  C/O Washington Trust Bank    
  1 Freedom Valley Dr    
  Oaks PA 19456-9989    
  RBC Capital Markets LLC     2,332,483.0910       5.78
  Mutual Fund Omnibus Processing    
  Omnibus    
  Attn Mutual Fund Ops Manager    
  60 South Sixth Street-P08    
  Minneapolis MN 55402-4413    
  Charles Schwab & Co Inc     2,331,831.9680       5.78
  Special Custody Account    
  For Benefit of Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  National Financial Services LLC     2,314,221.8180       5.73
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
    Jersey City NJ 07310-1995                

Nuveen Credit Income Fund – Class A

  National Financial Services LLC     1,609,983.9300       13.35
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Wells Fargo Clearing Services LLC     1,140,440.3050       9.46
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Pershing LLC     1,107,737.2280       9.18
  1 Pershing Plz    
  Jersey City NJ 07399-0001    

 

F-6


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Raymond James     896,131.4760       7.43
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  E*Trade Savings Bank     861,147.8330       7.14
  PO Box 6503    
  Englewood CO 80155-6503    
  Charles Schwab & Co Inc     773,306.6170       6.41
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  American Enterprise Investment Serv     761,583.5020       6.31
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Edward D Jones & Co     753,424.6210       6.25
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  LPL Financial     609,169.0730       5.05
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
    San Diego CA 92121-3091                

Nuveen Credit Income Fund – Class C

  Wells Fargo Clearing Services LLC     644,059.8720       21.36
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Pershing LLC     424,267.5810       14.07
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  JP Morgan Securities LLC Omnibus     390,507.1380       12.95
  Account for the Exclusive Benefit    
  Of Customers    
  4 Chase Metrotech Ctr 3rd Fl    
  Mutual Fund Department    
  Brooklyn NY 11245-0003    
  UBS WM USA     351,839.1780       11.67
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    

 

F-7


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Charles Schwab & Co Inc     190,854.4450       6.33
  Special Custody Acct FBO Customers    
  Attn: Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  American Enterprise Investment Serv     181,480.3010       6.02
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  LPL Financial     178,829.9480       5.93
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  Raymond James     173,842.6110       5.76
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  National Financial Services LLC     156,120.1930       5.18
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
    Jersey City NJ 07310-1995                

Nuveen Credit Income Fund – Class R3

  Ascensus Trust Company FBO     12,065.0560       34.18
  Make-A-Wish 401(K) Plan    
  P.O. Box 10758    
  Fargo ND 58106-0758    
  State Street Bank and Trust Company     7,636.5180       21.64
  Trustee and/or Custodian    
  FBO ADP Access Product    
  1 Lincoln St    
  Boston MA 02111-2901    
  Mid Atlantic Trust Company FBO     5,208.7290       14.76
  Nosich & Ganz Attorneys at Law    
  1251 Waterfront Place, Suite 525    
  Pittsburgh PA 15222-4228    
  Pershing LLC     3,679.0900       10.42
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  Ascensus Trust Co FBOY FBO     2,269.1770       6.43
  Morris & Moffitt Inc 401K Plan    
  PO Box 10758    
  Fargo ND 58106-0758    

 

F-8


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Mid Atlantic Trust Company FBO     1,804.1690       5.11
  Seidman & Associates PC 401(K) Prof    
  1251 Waterfront Place, Suite 525    
    Pittsburgh PA 15222-4228                

Nuveen Credit Income Fund – Class I

  SEI Private Trust Company     4,421,784.8470       30.84
  C/O GWP US Advisors    
  One Freedom Valley Dr    
  Oaks PA 19456-9989    
  National Financial Services LLC     3,146,901.4980       21.95
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  C/O Union Bank     870,132.8760       6.07
  SEI Private Trust Company    
  One Freedom Valley Drive    
  Oaks PA 19456-9989    
  JP Morgan Chase Bank NA FBO     845,458.6620       5.90
  TIAA-CREF Trust Co as Cust    
  For IRA Clients    
  4 Metrotech Ctr    
  Brooklyn NY 11245-0004    
  Pershing LLC     769,351.6130       5.37
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Large Cap Select Fund – Class A

  Wells Fargo Clearing Services LLC     245,160.4890       32.40
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  National Financial Services LLC     100,052.4680       13.22
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Charles Schwab & Co Inc     87,522.0390       11.57
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    

 

F-9


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Ascensus Trust Company FBO     55,703.1410       7.36
  Amana Tool Corp. 401(K) & Profit Sh    
  P.O. Box 10758    
  Fargo ND 58106-0758    
  UBS WM USA     51,065.1780       6.75
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  American Enterprise Investment Serv     38,693.2380       5.11
  707 2nd Ave S    
    Minneapolis MN 55402-2405                

Nuveen Large Cap Select Fund – Class C

  Raymond James     37,282.3840       62.26
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  LPL Financial     7,063.7270       11.80
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  Morgan Stanley Smith Barney LLC     5,382.1020       8.99
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
  New York NY 10004-1932    
  Pershing LLC     3,242.1200       5.41
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Large Cap Select Fund – Class I

  Band & Co     196,989.5000       39.08
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    
  Pershing LLC     126,977.9950       25.19
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  Washington & Co     27,241.6860       5.40
  C/O US Bank    
  PO Box 1787    
    Milwaukee WI 53201-1787                

 

F-10


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 

Nuveen Mid Cap Growth Opportunities Fund – Class A

  Charles Schwab & Co Inc     1,407,878.8640       25.75
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  State Street Bank and Trust Company     373,900.2090       6.84
  Trustee and/or Custodian    
  FBO ADP Access Product    
  1 Lincoln St    
  Boston MA 02111-2901    
  National Financial Services LLC     304,648.4920       5.57
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
    Jersey City NJ 07310-1995                

Nuveen Mid Cap Growth Opportunities Fund – Class C

  Wells Fargo Clearing Services LLC     64,898.3030       21.63
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Charles Schwab & Co Inc     61,239.2950       20.41
  Special Custody Acct FBO Customers    
  Attn: Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  Great-West Trust Co LLC Trustee/C     44,699.7180       14.90
  FBO Retirement Plans    
  8515 E Orchard Rd 2T2    
  Greenwood Vlg CO 80111-5002    
  LPL Financial     24,718.2380       8.24
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  American Enterprise Investment Serv     18,870.3090       6.29
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  National Financial Services LLC     18,747.9640       6.25
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    

 

F-11


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Raymond James     17,505.4700       5.83
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  UMB Bank NA     16,124.5400       5.37
  Cust Simple IRA    
  Teresa D Mattie    
  Western WI Plastics Simple Plan    
  W 2093 Hwy T    
    Mindoro WI 54644                

Nuveen Mid Cap Growth Opportunities Fund – Class R3

  Hartford Life Insurance Company     136,835.8280       23.20
  Separate Account    
  Attn UIT Operations    
  PO Box 2999    
  Hartford CT 06104-2999    
  State Street Bank and Trust Company     130,345.8760       22.10
  Trustee and/or Custodian    
  FBO ADP Access Product    
  1 Lincoln St    
  Boston MA 02111-2901    
  DCGT as Ttee and/or Cust     55,200.7940       9.36
  FBO PLIC Various Retirement Plans    
  Omnibus    
  Attn NPIO Trade Desk    
  711 High Street    
  Des Moines IA 50392-0001    
  Reliance Trust Co Custodian     37,441.6850       6.35
  FBO MassMutual Omnibus    
  PO Box 28004    
  Atlanta GA 30358-0004    
  Massachusetts Mutual     36,357.7920       6.16
  Life Insurance Co    
  1295 State St    
  Springfield MA 01111-0001    
  NABank     30,925.7170       5.24
  PO Box 2180    
    Tulsa OK 74101-2180                

Nuveen Mid Cap Growth Opportunities Fund – Class R6

  National Financial Services LLC     520,592.1810       79.62
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    

 

F-12


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  FIIOC FBO     60,993.9970       9.33
  Allen Systems Group, Inc. 401(K)    
  Retirement Plan    
  100 Magellan Way    
  Covington KY 41015-1987    
  Pershing LLC     35,990.6950       5.50
  PO Box 2052    
    Jersey City NJ 07303-2052                

Nuveen Mid Cap Growth Opportunities Fund – Class I

  National Financial Services LLC     1,374,524.4260       40.95
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Band & Co     427,928.0180       12.75
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    
  Great-West Trust Co LLC Trustee/C     421,682.6910       12.56
  FBO Retirement Plans    
  8515 E Orchard Rd 2T2    
    Greenwood Vlg CO 80111-5002                

Nuveen Mid Cap Value Fund – Class A

  Charles Schwab & Co Inc     303,170.6850       26.62
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  DCGT as Ttee and/or Cust     112,270.3510       9.86
  FBO PLIC Various Retirement Plans    
  Omnibus    
  Attn NPIO Trade Desk    
  711 High Street    
  Des Moines IA 50392-0001    
  National Financial Services LLC     60,313.3040       5.30
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
    Jersey City NJ 07310-1995                

Nuveen Mid Cap Value Fund – Class C

  Charles Schwab & Co Inc     46,210.5340       31.70
  Special Custody Acct FBO Customers    
  Attn: Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    

 

F-13


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Wells Fargo Clearing Services LLC     22,644.8770       15.53
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  American Enterprise Investment Serv     15,266.4200       10.47
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  National Financial Services LLC     13,666.4420       9.37
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  LPL Financial     11,835.1490       8.12
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  UBS WM USA     11,031.5690       7.57
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  Raymond James     9,279.6900       6.37
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  Pershing LLC     8,678.4610       5.95
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Mid Cap Value Fund – Class R3

  State Street Bank and Trust Company     42,973.4960       18.84
  Trustee and/or Custodian    
  FBO ADP Access Product    
  1 Lincoln St    
  Boston MA 02111-2901    
  National Financial Services LLC     37,250.1660       16.33
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    

 

F-14


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  PIMS/Prudential Retirement     37,231.3470       16.32
  As Nominee for the Ttee/Cust    
  Cherokee Health Systems, Inc.    
  6350 W Andrew Johnson Hwy    
  Talbott TN 37877-8605    
  DCGT as Ttee and/or Cust     25,575.3760       11.21
  FBO PLIC Various Retirement Plans    
  Omnibus    
  Attn NPIO Trade Desk    
  711 High Street    
  Des Moines IA 50392-0001    
  Ascensus Trust Co FBOY FBO     16,801.4550       7.36
  HSTA-HSTSO Ret Plan Benefit    
  PO Box 10758    
    Fargo ND 58106-0758                

Nuveen Mid Cap Value Fund – Class R6

  DCGT as Ttee and/or Cust     146,432.7250       31.54
  FBO PLIC Various Retirement Plans    
  Omnibus    
  Attn NPIO Trade Desk    
  711 High Street    
  Des Moines IA 50392-0001    
  Charles Schwab & Co Inc     58,955.5030       12.70
  Special Custody Account    
  For Benefit of Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  TIAA, FSB Cust/Ttee FBO:     38,738.4010       8.34
  Retirement Plans for Which    
  TIAA Acts as Recordkeeper    
  Attn: Trust Operations    
  211 N Broadway Ste 1000    
    Saint Louis MO 63102-2748                

Nuveen Mid Cap Value Fund – Class I

  JP Morgan Chase Bank NA FBO     1,749,531.3560       29.32
  TIAA-CREF Trust Co as Cust    
  For IRA Clients    
  4 Metrotech Ctr    
  Brooklyn NY 11245-0004    
  Wells Fargo Clearing Services LLC     488,153.7440       8.18
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Standard Insurance Company     442,312.7900       7.41
  1100 SW 6th Ave Ste P11A    
  Portland OR 97204-1015    

 

F-15


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  American Enterprise Investment Serv     402,667.2370       6.75
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Band & Co     396,397.3410       6.64
  C/O US Bank    
  PO Box 1787    
    Milwaukee WI 53201-1787                

Nuveen Minnesota Intermediate Municipal Bond Fund – Class A

  Charles Schwab & Co Inc     3,030,955.2720       25.71
  Special Custody Acct FBO Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  UBS WM USA     2,060,626.7640       17.48
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  Edward D Jones & Co     1,935,689.9970       16.42
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  Wells Fargo Clearing Services LLC     1,141,968.6150       9.69
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  LPL Financial     870,169.2480       7.38
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  American Enterprise Investment Serv     704,188.8240       5.97
  707 2nd Ave S    
    Minneapolis MN 55402-2405                

Nuveen Minnesota Intermediate Municipal Bond Fund – Class C

  American Enterprise Investment Serv     597,183.2030       45.32
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Charles Schwab & Co Inc     166,071.7690       12.60
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    

 

F-16


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Wells Fargo Clearing Services LLC     162,064.5180       12.30
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Edward D Jones & Co     99,667.5810       7.56
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  LPL Financial     73,435.0200       5.57
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  Pershing LLC     66,255.5990       5.03
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Minnesota Intermediate Municipal Bond Fund – Class C1

  LPL Financial     1,543.8200       66.43
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  Charles Schwab & Co Inc     767.6520       33.03
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
    San Francisco CA 94105-1905                

Nuveen Minnesota Intermediate Municipal Bond Fund – Class C2

  Charles Schwab & Co Inc     121,247.2880       30.36
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  RBC Capital Markets LLC     84,518.9550       21.16
  Mutual Fund Omnibus Processing    
  Omnibus    
  Attn Mutual Funds Ops Manager    
  60 South Sixth Street-P08    
  Minneapolis MN 55402-4413    
  LPL Financial     70,896.5350       17.75
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    

 

F-17


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  American Enterprise Investment Serv     64,638.8450       16.18
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Edward D Jones & Co     20,473.3740       5.13
  For the Benefit of Customers    
  12555 Manchester Rd    
    Saint Louis MO 63131-3710                

Nuveen Minnesota Intermediate Municipal Bond Fund – Class I

  Band & Co     15,964,353.3360       57.45
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    
  American Enterprise Investment Serv     2,056,470.4130       7.40
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Charles Schwab & Co Inc     1,862,876.1140       6.70
  For the Benefit of their Customers    
  211 Main St    
    San Francisco CA 94105-1905                

Nuveen Minnesota Municipal Bond Fund – Class A

  Edward D Jones & Co     4,222,578.9480       19.82
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  Charles Schwab & Co Inc     2,501,249.6390       11.74
  Special Custody Acct FBO Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  UBS WM USA     2,116,452.8970       9.93
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  National Financial Services LLC     2,041,421.5550       9.58
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  American Enterprise Investment Serv     1,947,208.5650       9.14
  707 2nd Ave S    
  Minneapolis MN 55402-2405    

 

F-18


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Wells Fargo Clearing Services LLC     1,731,941.0100       8.13
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Pershing LLC     1,708,863.7800       8.02
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  RBC Capital Markets LLC     1,084,221.5360       5.09
  Mutual Fund Omnibus Processing    
  Omnibus    
  Attn Mutual Funds Ops Manager    
  60 South Sixth Street-P08    
  Minneapolis MN 55402-4413    
  LPL Financial     1,074,906.6110       5.05
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
    San Diego CA 92121-3091                

Nuveen Minnesota Municipal Bond Fund – Class C

  American Enterprise Investment Serv     804,339.9690       28.20
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Wells Fargo Clearing Services LLC     512,167.1870       17.95
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Edward D Jones & Co     452,520.7960       15.86
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  Charles Schwab & Co Inc     201,957.0710       7.08
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  Pershing LLC     181,221.2470       6.35
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  LPL Financial     162,346.2040       5.69
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
    San Diego CA 92121-3091                

 

F-19


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 

Nuveen Minnesota Municipal Bond Fund – Class C1

  Pershing LLC     15,129.9540       31.25
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  LPL Financial     8,804.8130       18.18
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  American Enterprise Investment Serv     8,033.9580       16.59
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  TD Ameritrade Inc FBO     5,551.4440       11.47
  Our Customers    
  PO Box 2226    
  Omaha NE 68103-2226    
  Edward D Jones & Co     3,505.2840       7.24
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  Arnold L Schultz &     2,767.8920       5.72
  Darylle G Schultz JTWROS    
  1708 Archibald St    
    Northfield MN 55057-2882                

Nuveen Minnesota Municipal Bond Fund – Class C2

  American Enterprise Investment Serv     98,643.5160       21.90
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Charles Schwab & Co Inc     59,305.4700       13.16
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  Edward D Jones & Co     54,139.5240       12.02
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  LPL Financial     52,417.3470       11.63
  Omnibus Customer Account    
 

Attn Mutual Fund Trading

   
  4707 Executive Dr    
  San Diego CA 92121-3091    

 

F-20


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  National Financial Services LLC     39,450.8310       8.76
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Wells Fargo Clearing Services LLC     35,467.5750       7.87
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  RBC Capital Markets LLC     32,669.4610       7.25
  Mutual Fund Omnibus Processing    
  Omnibus    
  Attn Mutual Funds Ops Manager    
  60 South Sixth Street-P08    
  Minneapolis MN 55402-4413    
  Pershing LLC     31,275.0240       6.94
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Minnesota Municipal Bond Fund – Class I

  Band & Co     8,166,709.4020       27.91
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    
  American Enterprise Investment Serv     6,081,184.2100       20.78
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  UBS WM USA     2,351,461.2580       8.04
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  Pershing LLC     2,266,684.7040       7.75
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  Charles Schwab & Co Inc     2,046,920.6960       7.00
  Special Custody Account    
  For Benefit of Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    

 

F-21


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  National Financial Services LLC     1,858,965.1090       6.35
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
    Jersey City NJ 07310-1995                

Nuveen Nebraska Municipal Bond Fund – Class A

  Edward D Jones & Co     2,167,274.7350       47.63
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  Raymond James     586,447.3880       12.89
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  Wells Fargo Clearing Services LLC     280,543.3860       6.17
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  RBC Capital Markets LLC     272,555.3900       5.99
  Mutual Fund Omnibus Processing    
  Omnibus    
  Attn Mutual Funds Ops Manager    
  60 South Sixth Street-P08    
    Minneapolis MN 55402-4413                

Nuveen Nebraska Municipal Bond Fund – Class C

  American Enterprise Investment Serv     91,509.5680       33.24
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Edward D Jones & Co     53,987.9780       19.61
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  Wells Fargo Clearing Services LLC     42,342.3640       15.38
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market Street    
  St Louis MO 63103-2523    
  National Financial Services LLC     28,638.4220       10.40
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    

 

F-22


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  LPL Financial     20,668.2590       7.51
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  Raymond James     19,891.5060       7.22
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
    St Petersburg FL 33716-1102                

Nuveen Nebraska Municipal Bond Fund – Class C1

  LPL Financial     8,268.4090       86.88
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
    San Diego CA 92121-3091                

Nuveen Nebraska Municipal Bond Fund – Class C2

  Edward D Jones & Co     27,856.0750       20.42
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  LPL Financial     23,237.6380       17.03
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  Raymond James     20,866.3680       15.29
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  Wells Fargo Clearing Services LLC     16,931.1240       12.41
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  American Enterprise Investment Serv     12,233.4270       8.97
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Pershing LLC     11,566.1610       8.48
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  UBS WM USA     11,340.2290       8.31
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
    Weehawken NJ 07086-6761                

 

F-23


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 

Nuveen Nebraska Municipal Bond Fund – Class I

  Pershing LLC     1,559,282.0240       31.50
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  Band & Co     579,372.8180       11.70
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    
  American Enterprise Investment Serv     477,821.2630       9.65
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  National Financial Services LLC     471,731.4700       9.53
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  TD Ameritrade Inc for the     310,821.0430       6.28
  Exclusive Benefit of our Clients    
  PO Box 2226    
  Omaha NE 68103-2226    
  LPL Financial     249,574.1480       5.04
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
    San Diego CA 92121-3091                

Nuveen Oregon Intermediate Municipal Bond Fund – Class A

  Charles Schwab & Co Inc     681,529.6850       24.95
  Special Custody Acct FBO Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  National Financial Services LLC     345,429.6120       12.65
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Merrill Lynch Pierce Fenner & Smith     263,758.4210       9.66
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    

 

F-24


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Raymond James     230,380.2580       8.43
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  American Enterprise Investment Serv     211,085.5280       7.73
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Wells Fargo Clearing Services LLC     179,833.8510       6.58
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Edward D Jones & Co     163,647.8040       5.99
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  Morgan Stanley Smith Barney LLC     160,437.6370       5.87
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
    New York NY 10004-1932                

Nuveen Oregon Intermediate Municipal Bond Fund – Class C

  Wells Fargo Clearing Services LLC     266,667.4120       59.62
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market Street    
  St Louis MO 63103-2523    
  American Enterprise Investment Serv     58,597.0820       13.10
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Morgan Stanley Smith Barney LLC     26,361.0010       5.89
  For the Exclusive Bene of its Cust    
    1 New York Plz Fl 12                

Nuveen Oregon Intermediate Municipal Bond Fund – Class C2

  New York NY 10004-1932    
  Wells Fargo Clearing Services LLC     135,847.9860       45.82
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market Street    
  St Louis MO 63103-2523    
  Charles Schwab & Co Inc     56,445.6400       19.04
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    

 

F-25


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Pershing LLC     40,491.8570       13.66
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  American Enterprise Investment Serv     16,011.8210       5.40
  707 2nd Ave S    
    Minneapolis MN 55402-2405                

Nuveen Oregon Intermediate Municipal Bond Fund – Class I

  Band & Co     9,971,443.1670       46.97
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    
  National Financial Services LLC     3,276,274.1520       15.43
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Charles Schwab & Co Inc     1,563,444.2470       7.36
  Special Custody Account    
  For Benefit of Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  Pershing LLC     1,180,841.0710       5.56
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Real Asset Income Fund – Class A

  Wells Fargo Clearing Services LLC     1,516,245.6400       19.18
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  National Financial Services LLC     970,544.4240       12.28
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Morgan Stanley Smith Barney LLC     916,749.8280       11.60
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
  New York NY 10004-1932    
  Charles Schwab & Co Inc     887,269.9980       11.22
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    

 

F-26


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Pershing LLC     645,849.7770       8.17
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  American Enterprise Investment Serv     563,987.6860       7.13
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  UBS WM USA     413,400.8090       5.23
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
    Weehawken NJ 07086-6761                

Nuveen Real Asset Income Fund – Class C

  Wells Fargo Clearing Services LLC     1,792,199.3740       23.66
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market Street    
  St Louis MO 63103-2523    
  American Enterprise Invest ment Serv     945,248.7830       12.48
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Morgan Stanley Smith Barney LLC     938,383.7930       12.39
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
  New York NY 10004-1932    
  LPL Financial     655,881.8550       8.66
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  UBS WM USA     645,444.8370       8.52
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  Raymond James     618,787.7820       8.17
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  Charles Schwab & Co Inc     609,450.8540       8.05
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    

 

F-27


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Pershing LLC     385,046.0090       5.08
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Real Asset Income Fund – Class R6

  Northern Tr Co Cust FBO Fort Worth     2,156,476.2560       49.03
  Employees Ret Fund Tr    
  PO Box 92956    
  Chicago IL 60675-2956    
  Mac & Co     1,032,540.1370       23.47
  Attn: Mutual Fund Operations    
  500 Grant Street    
  Room 151-1010    
  Pittsburgh PA 15219-2502    
  Northern Tr Co Cust FBO Children’s     529,023.3150       12.03
  Medical Center Fnd Tr    
  PO Box 92956    
    Chicago IL 60675-2956                

Nuveen Real Asset Income Fund – Class I

  Wells Fargo Clearing Services LLC     13,194,564.8960       24.14
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  National Financial Services LLC     5,982,709.3180       10.94
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  American Enterprise Investment Serv     5,395,391.9250       9.87
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Charles Schwab & Co Inc     4,650,462.4260       8.51
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  Morgan Stanley Smith Barney LLC     3,967,521.9370       7.26
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
  New York NY 10004-1932    
  MLPF&S for the Benefit of its     3,573,729.9040       6.54
  Customers    
  Attn Fund Admin    
  4800 Deer Lake Dr E Fl 3    
  Jacksonville FL 32246-6484    

 

F-28


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Charles Schwab & Co Inc     3,434,981.0620       6.28
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
    San Francisco CA 94105-1905                

Nuveen Real Estate Securities Fund – Class A

  National Financial Services LLC     1,765,372.1780       17.40
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Charles Schwab & Co Inc     1,244,152.2360       12.26
  Special Custody Account    
  For Benefit of Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  Merrill Lynch Pierce Fenner & Smith     1,147,869.8440       11.31
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    
  Wells Fargo Clearing Services LLC     638,216.1410       6.29
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Charles Schwab & Co Inc     520,605.7480       5.13
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
    San Francisco CA 94105-1905                

Nuveen Real Estate Securities Fund – Class C

  Wells Fargo Clearing Services LLC     309,412.9610       30.12
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Pershing LLC     132,654.7290       12.91
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  Merrill Lynch Pierce Fenner & Smith     96,195.1830       9.36
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    

 

F-29


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Charles Schwab & Co Inc     79,230.8270       7.71
  Special Custody Acct FBO Customers    
  Attn: Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  National Financial Services LLC     79,194.8850       7.71
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  UBS WM USA     63,696.1520       6.20
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  LPL Financial     56,311.1970       5.48
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  American Enterprise Investment Serv     53,529.5410       5.21
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Morgan Stanley Smith Barney LLC     52,158.1230       5.08
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
    New York NY 10004-1932                

Nuveen Real Estate Securities Fund – Class R3

  State Street Bank and Trust Company     165,110.3110       22.97
  Trustee and/or Custodian    
  FBO ADP Access Product    
  1 Lincoln St    
  Boston MA 02111-2901    
  National Financial Services LLC     163,695.3920       22.77
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  AUL Group Retirement Account     37,928.0180       5.28
  Attn Separate Accts    
  PO Box 368    
  Indianapolis IN 46206-0368    

 

F-30


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Great-West Trust Company LLC FBO     36,441.7060       5.07
  Employee Benefits Clients 401K    
  8515 E Orchard Rd 2T2    
    Greenwood Village CO 80111-5002                

Nuveen Real Estate Securities Fund – Class R6

  National Financial Services LLC     2,826,517.8200       12.20
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Charles Schwab & Co Inc     1,603,112.8790       6.92
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  Great-West Trust Company LLC FBO     1,493,192.7150       6.45
  Employee Benefits Clients 401K    
  8515 E Orchard Rd 2T2    
  Greenwood Village CO 80111-5002    
  Mac & Co     1,203,734.6360       5.20
  Attn Mutual Funds Ops    
  500 Grant Street    
  Room 151-1010    
    Pittsburgh PA 15219-2502                

Nuveen Real Estate Securities Fund – Class I

  National Financial Services LLC     15,253,432.4330       17.02
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  VantageTrust – Unitized     14,596,841.3980       16.29
  C/O ICMA Retirement Corporation    
  777 North Capitol Street, NE    
  Washington DC 2002-4239    
  Band & Co     11,201,816.2080       12.50
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    
  Charles Schwab & Co Inc     5,936,131.3580       6.63
  Special Custody Account    
  For Benefit of Customers    
  Attn Mutual Funds    
  211 Main St    
    San Francisco CA 94105-1905                

 

F-31


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 

Nuveen Short Term Municipal Bond Fund – Class A

  Morgan Stanley Smith Barney LLC     4,655,462.0250       16.04
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
  New York NY 10004-1932    
  UBS WM USA     3,742,196.7350       12.89
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  Wells Fargo Clearing Services LLC     3,648,231.2160       12.57
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Merrill Lynch Pierce Fenner & Smith     3,006,082.9310       10.36
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    
  National Financial Services LLC     2,968,920.8800       10.23
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Edward D Jones & Co     1,979,035.0460       6.82
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  Charles Schwab & Co Inc     1,794,094.0770       6.18
  Special Custody Acct FBO Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  JP Morgan Securities LLC Omnibus     1,578,664.2220       5.44
  Account for the Exclusive Benefit    
  Of Customers    
  4 Chase Metrotech Ctr 3rd Fl    
  Mutual Fund Department    
  Brooklyn NY 11245-0003    
  Raymond James     1,460,516.8860       5.03
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
    St Petersburg FL 33716-1102                

 

F-32


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 

Nuveen Short Term Municipal Bond Fund – Class C

  Morgan Stanley Smith Barney LLC     361,149.8740       20.77
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
  New York NY 10004-1932    
  Raymond James     233,593.1990       13.44
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  Wells Fargo Clearing Services LLC     232,902.4590       13.40
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  MLPF&S for the Benefit of its     210,102.5500       12.08
  Customers    
  Attn Fund Admin    
  4800 Deer Lake Dr E Fl 3    
  Jacksonville FL 32246-6484    
  JP Morgan Securities LLC Omnibus     145,366.8970       8.36
  Account for the Exclusive Benefit    
  Of Customers    
  4 Chase Metrotech Ctr 3rd Fl    
  Mutual Fund Department    
  Brooklyn NY 11245-0003    
  UBS WM USA     109,229.8160       6.28
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  RBC Capital Markets LLC     87,744.2580       5.05
  Mutual Fund Omnibus Processing    
  Omnibus    
  Attn Mutual Funds Ops Manager    
    60 South Sixth Street-P08                

Nuveen Short Term Municipal Bond Fund – Class C2

  Minneapolis MN 55402-4413     86,905.1650       22.75
  Raymond James    
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  Wells Fargo Clearing Services LLC     74,478.0530       19.49
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    

 

F-33


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  UBS WM USA     70,074.2750       18.34
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  RBC Capital Markets LLC     32,161.4440       8.42
  Mutual Fund Omnibus Processing    
  Omnibus    
  Attn Mutual Funds Ops Manager    
  60 South Sixth Street-P08    
  Minneapolis MN 55402-4413    
  Edward D Jones & Co     27,600.5570       7.22
  For the Benefit of Customers    
  12555 Manchester Rd    
  Saint Louis MO 63131-3710    
  Pershing LLC     22,907.0180       6.00
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Short Term Municipal Bond Fund – Class I

  Band & Co     10,482,482.9240       23.32
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    
  Merrill Lynch Pierce Fenner     6,074,135.4430       13.51
  & Smith Safekeeping    
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    
  Charles Schwab & Co Inc     5,081,354.3030       11.30
  Special Custody Account    
  For Benefit of Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  National Financial Services LLC     4,704,156.0510       10.46
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Morgan Stanley Smith Barney LLC     3,310,259.1360       7.36
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
  New York NY 10004-1932    
  Wells Fargo Clearing Services LLC     2,812,873.4070       6.26
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    

 

F-34


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  American Enterprise Investment Serv     2,807,904.3130       6.25
  707 2nd Ave S    
    Minneapolis MN 55402-2405                

Nuveen Small Cap Growth Opportunities Fund – Class A

  Charles Schwab & Co Inc     478,737.8110       31.35
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  National Financial Services LLC     155,211.7640       10.16
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
    Jersey City NJ 07310-1995                

Nuveen Small Cap Growth Opportunities Fund – Class C

  LPL Financial     19,375.7730       18.35
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  National Financial Services LLC     16,102.2450       15.25
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Pershing LLC     14,629.1630       13.86
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  Wells Fargo Clearing Services LLC     9,120.4720       8.64
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Raymond James     8,288.5760       7.85
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  American Enterprise Investment Serv     8,089.3810       7.66
  707 2nd Ave S    
  Minneapolis MN 55402-2405    

 

F-35


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Charles Schwab & Co Inc     7,141.7670       6.77
  Special Custody Acct FBO Customers    
  Attn: Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  Amber Deutscher TOD     6,468.2980       6.13
  Subject to STA TOD Rules    
  2004 Walnut St    
    Ellis KS 67637-1913                

Nuveen Small Cap Growth Opportunities Fund – Class R3

  Reliance Trust Company FBO     15,092.3000       26.71
  Mid-Hudson 401K    
  PO Box 28004    
  Atlanta GA 30358-0004    
  Mid Atlantic Trust Company FBO     12,024.8930       21.28
  Smith Wilbert Vault, Inc Retirement    
  1251 Waterfront Pl Ste 525    
  Pittsburgh PA 15222-4228    
  Mid Atlantic Trust Company FBO     8,510.7620       15.06
  Alliance Defense Fund 401K PSP & Tr    
  1251 Waterfront Place, Suite 525    
  Pittsburgh PA 15222-4228    
  Ascensus Trust Company FBO     5,569.1220       9.85
  ATG 401(K) Profit Sharing Plan    
  P.O. Box 10758    
  Fargo ND 58106-0758    
  Mid Atlantic Trust Company FBO     4,237.5250       7.50
  Hill West Architects, LLP 401(K)    
  1251 Waterfront Place, Suite 525    
  Pittsburgh PA 15222-4228    
  Matrix Trust Company Cust. FBO     3,514.6420       6.22
  Butchershop Creative, LLC    
  717 17th Street    
  Suite 1300    
    Denver CO 80202-3304                

Nuveen Small Cap Growth Opportunities Fund – Class R6

  SEI Private Trust Company     31,129.3790       87.36
  C/O TIAA-SWP    
  1 Freedom Valley Drive    
  Oaks PA 19456-9989    
  Matrix Trust Company as Agent for     4,017.2830       11.27
  Newport Trust Company    
  Select Trusses & Lumber, Inc. 401(K)    
  35 Iron Point Circle    
  Suite 300    
    Folsom CA 95630-8589                

 

F-36


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 

Nuveen Small Cap Growth Opportunities Fund – Class I

  JP Morgan Chase Bank NA FBO     2,249,107.1160       43.76
  TIAA-CREF Trust Co as Cust    
  For IRA Clients    
  4 Metrotech Ctr    
  Brooklyn NY 11245-0004    
  Pershing LLC     2,157,539.9150       41.98
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  Band & Co     384,683.3160       7.49
  C/O US Bank    
  PO Box 1787    
    Milwaukee WI 53201-1787                

Nuveen Small Cap Select Fund – Class A

  Charles Schwab & Co Inc     1,746,522.2730       27.10
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main St    
  San Francisco CA 94105-1905    
  Charles Schwab & Co Inc     561,693.8740       8.71
  Special Custody Account    
  For Benefit of Customers    
  Attn Mutual Funds    
  211 Main St    
    San Francisco CA 94105-1905                

Nuveen Small Cap Select Fund – Class C

  Pershing LLC     60,324.2090       28.65
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  LPL Financial     44,988.3890       21.36
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  American Enterprise Investment Serv     30,170.9030       14.33
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  UBS WM USA     15,801.3740       7.50
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
  Weehawken NJ 07086-6761    
  Wells Fargo Clearing Services LLC     14,573.9810       6.92
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
    Saint Louis MO 63103-2523                

 

F-37


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 

Nuveen Small Cap Select Fund – Class R3

  Reliance Trust Co     113,959.4300       16.89
  FBO MassMutual Omnibus PE    
  PO Box 28004    
  Atlanta GA 30358-0004    
  Massachusetts Mutual     99,849.7450       14.80
  Life Insurance Co    
  1295 State St    
  Springfield MA 01111-0001    
  Hartford Life Insurance Company     91,774.5460       13.60
  Separate Account    
  Attn UIT Operations    
  PO Box 2999    
  Hartford CT 06104-2999    
  State Street Bank and Trust Company     85,454.9510       12.67
  Trustee and/or Custodian    
  FBO ADP Access Product    
  1 Lincoln St    
  Boston MA 02111-2901    
  DCGT as Ttee and/or Cust     42,674.5780       6.33
  FBO PLIC Various Retirement Plans    
  Omnibus    
  Attn NPIO Trade Desk    
  711 High Street    
  Des Moines IA 50392-0001    
  Massachusetts Mutual     37,338.2120       5.53
  Life Insurance Co    
  1295 State St    
    Springfield MA 01111-0001                

Nuveen Small Cap Select Fund – Class R6

  SEI Trust Company OBO Nuveen TIAA     30,991.8390       16.59
  Lifecycle Blend 2030    
  Attn Tamara McManus    
  1 Freedom Valley Dr    
  Oaks PA 19456-9989    
  SEI Trust Company OBO Nuveen TIAA     29,541.0460       15.82
  Lifecycle Blend 2035    
  Attn Tamara McManus    
  1 Freedom Valley Dr    
  Oaks PA 19456-9989    
  SEI Trust Company OBO Nuveen TIAA     26,015.4580       13.93
  Lifecycle Blend 2040    
  Attn Tamara McManus    
  1 Freedom Valley Dr    
  Oaks PA 19456-9989    

 

F-38


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  SEI Trust Company OBO Nuveen TIAA     22,911.6770       12.27
  Lifecycle Blend 2045    
  Attn Tamara McManus    
  1 Freedom Valley Dr    
  Oaks PA 19456-9989    
  SEI Trust Company OBO Nuveen TIAA     21,961.2860       11.76
  Lifecycle Blend 2025    
  Attn Tamara McManus    
  1 Freedom Valley Dr    
  Oaks PA 19456-9989    
  SEI Trust Company OBO Nuveen TIAA     17,007.5330       9.11
  Lifecycle Blend 2050    
  Attn Tamara McManus    
  1 Freedom Valley Dr    
  Oaks PA 19456-9989    
  SEI Trust Company OBO Nuveen TIAA     12,306.9170       6.59
  Lifecycle Blend 2055    
  Attn Tamara McManus    
  1 Freedom Valley Dr    
  Oaks PA 19456-9989    
  SEI Trust Company OBO Nuveen TIAA     11,858.5830       6.35
  Lifecycle Blend 2020    
  Attn Tamara McManus    
  1 Freedom Valley Dr    
    Oaks PA 19456-9989                

Nuveen Small Cap Select Fund – Class I

  National Financial Services LLC     614,456.3760       21.02
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Great-West Trust Co LLC Trustee/C     518,452.1790       17.74
  FBO Retirement Plans    
  8515 E Orchard Rd 2T2    
  Greenwood Village CO 80111-5002    
  TD Ameritrade Inc for the     324,782.5820       11.11
  Exclusive Benefit of our Clients    
  PO Box 2226    
  Omaha NE 68103-2226    
  JP Morgan Chase Bank NA FBO     178,643.1900       6.11
  TIAA-CREF Trust Co as Cust    
  For IRA Clients    
  4 Metrotech Ctr    
  Brooklyn NY 11245-0004    

 

F-39


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  American Enterprise Investment Serv     154,087.9180       5.27
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Wells Fargo Bank FBO     147,326.4020       5.04
  Various Retirement Plans    
  1525 West Wt Harris Blvd    
    Charlotte NC 28288-1076                

Nuveen Small Cap Value Fund – Class A

  Merrill Lynch Pierce Fenner     1,558,207.1600       24.71
  & Smith Safekeeping    
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    
  National Financial Services LLC     790,156.0330       12.53
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Charles Schwab & Co Inc     662,859.1670       10.51
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
    San Francisco CA 94105-1905                

Nuveen Small Cap Value Fund – Class C

  Wells Fargo Clearing Services LLC     255,879.5580       15.69
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  American Enterprise Investment Serv     236,109.3510       14.48
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Raymond James     206,027.4220       12.64
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    
  Charles Schwab & Co Inc     192,621.6580       11.81
  Special Custody Acct FBO Customers    
  Attn: Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    

 

F-40


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Merrill Lynch Pierce Fenner & Smith     158,901.8730       9.74
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    
  Morgan Stanley Smith Barney LLC     139,323.0180       8.54
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
  New York NY 10004-1932    
  Pershing LLC     128,857.1110       7.90
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  LPL Financial     126,324.0880       7.75
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  UBS WM USA     95,207.4230       5.84
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
    Weehawken NJ 07086-6761                

Nuveen Small Cap Value Fund – Class R3

  PIMS/Prudential Retirement     311,330.4630       22.33
  As Nominee for the Ttee/Cust    
  Prudential SmartSolution IRA    
  280 Trumbull St.    
  Hartford CT 06103-3509    
  AUL Group Retirement Account     172,425.0850       12.37
  Attn Separate Accts    
  PO Box 368    
  Indianapolis IN 46206-0368    
  DCGT as Ttee and/or Cust     127,432.7560       9.14
  FBO PLIC Various Retirement Plans    
  Omnibus    
  Attn NPIO Trade Desk    
  711 High Street    
    Des Moines IA 50392-0001                

Nuveen Small Cap Value Fund – Class R6

  MLPF&S for the Benefit of its     1,314,460.5220       25.22
  Customers    
  Attn Fund Admin    
  4800 Deer Lake Dr E Fl 3    
  Jacksonville FL 32246-6484    
  TIAA FSB Cust Cust/Ttee FBO     755,032.9240       14.48
  Retirement Plans for Which    
  TIAA acts as Recordkeeper    
  Attn Trust Operations    
  211 N Broadway Ste 1000    
  Saint Louis MO 63102-2748    

 

F-41


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Diversified Investment Advisors FBO     431,462.0070       8.28
  Transamerica Life Ins Company    
  440 Mamaroneck Ave    
  Harrison NY 10528-2418    
  John Hancock Trust Company LLC     353,643.5840       6.78
  690 Canton St Ste 100    
  Westwood MA 02090-2324    
  DCGT as Ttee and/or Cust     307,561.5270       5.90
  FBO PLIC Various Retirement Plans    
  Omnibus    
  Attn NPIO Trade Desk    
  711 High Street    
    Des Moines IA 50392-0001                

Nuveen Small Cap Value Fund – Class I

  Merrill Lynch Pierce Fenner     3,872,583.7320       13.73
  & Smith Safekeeping    
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    
  National Financial Services LLC     3,331,110.0610       11.81
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  Mac & Co     3,288,937.2470       11.66
  Attn: Mutual Fund Operations    
  500 Grant Street    
  Room 151-1010    
  Pittsburgh PA 15219-2502    
  Charles Schwab & Co Inc     3,117,506.5330       11.05
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  LPL Financial     2,046,845.4520       7.26
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
    San Diego CA 92121-3091                

Nuveen Strategic Income Fund – Class A

  National Financial Services LLC     2,228,507.7690       20.93
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    

 

F-42


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Merrill Lynch Pierce Fenner & Smith     1,382,113.8300       12.98
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    
  American Enterprise Investment Serv     963,754.2090       9.05
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Charles Schwab & Co Inc     908,706.3190       8.54
  Special Custody A/C FBO Customers    
  Attn Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  Wells Fargo Clearing Services LLC     735,288.9070       6.91
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  Pershing LLC     645,591.6850       6.06
  1 Pershing Plz    
    Jersey City NJ 07399-0001                

Nuveen Strategic Income Fund – Class C

  Wells Fargo Clearing Services LLC     499,643.0560       15.51
  Special Custody Acct for the    
  Exclusive Benefit of Customer    
  2801 Market St    
  Saint Louis MO 63103-2523    
  American Enterprise Investment Serv     460,189.0160       14.29
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  Charles Schwab & Co Inc     434,707.8290       13.49
  Special Custody Acct FBO Customers    
  Attn: Mutual Funds    
  211 Main Street    
  San Francisco CA 94105-1905    
  Pershing LLC     430,421.9390       13.36
  1 Pershing Plz    
  Jersey City NJ 07399-0001    
  Raymond James     260,210.4840       8.08
  Omnibus for Mutual Funds    
  House Acct    
  Attn: Courtney Waller    
  880 Carillon Parkway    
  St Petersburg FL 33716-1102    

 

F-43


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Morgan Stanley Smith Barney LLC     209,096.2040       6.49
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
  New York NY 10004-1932    
  LPL Financial     205,051.6100       6.37
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  UBS WM USA     180,205.4050       5.59
  Omni Account M/F    
  Spec Cdy A/C EBOC UBSFSI    
  1000 Harbor Blvd    
    Weehawken NJ 07086-6761                

Nuveen Strategic Income Fund – Class R3

  Merrill Lynch Pierce Fenner & Smith     61,612.6110       21.79
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    
  PAI Trust Company, Inc.     61,590.0880       21.78
  Michael J. Adler DDS PC    
  1300 Enterprise Drive    
  De Pere WI 54115-4934    
  FIIOC FBO     20,324.6410       7.19
  Fabian E. Espinosa MD PA 401 (K)    
  Plan    
  100 Magellan Way    
  Covington KY 41015-1987    
  Laurance Kam FBO     18,743.4840       6.63
  Cardiology Specialists of 401(K)    
  6715 Little River Tpke    
  Annandale VA 22003-3565    
  Matrix Trust Company Cust. FBO     14,871.2220       5.26
  Sorenson Engineering Inc PS 401K    
  717 17th Street    
  Suite 1300    
    Denver CO 80202-3304                

Nuveen Strategic Income Fund – Class R6

  Mac & Co     4,460,919.7150       78.18
  Attn: Mutual Fund Operations    
  500 Grant Street    
  Room 151-1010    
    Pittsburgh PA 15219-2502                

Nuveen Strategic Income Fund – Class I

  Band & Co     9,142,958.1340       24.14
  C/O US Bank    
  PO Box 1787    
  Milwaukee WI 53201-1787    

 

F-44


       
Fund and Class   Shareholder
Name and Address
  Number of
Shares Owned
    Percentage
Owned
 
  Merrill Lynch Pierce Fenner     4,756,605.1670       12.56
  & Smith Safekeeping    
  Attn Physical Team    
  4800 Deer Lake Dr E    
  Jacksonville FL 32246-6484    
  American Enterprise Investment Serv     3,759,017.6270       9.93
  707 2nd Ave S    
  Minneapolis MN 55402-2405    
  National Financial Services LLC     3,680,409.2860       9.72
  For the Exclusive Benefit of our    
  Customers    
  Attn Mutual Fund Dept 4th Floor    
  499 Washington Blvd    
  Jersey City NJ 07310-1995    
  LPL Financial     2,168,626.1550       5.73
  Omnibus Customer Account    
  Attn Mutual Fund Trading    
  4707 Executive Dr    
  San Diego CA 92121-3091    
  Morgan Stanley Smith Barney LLC     1,991,521.9580       5.26
  For the Exclusive Bene of its Cust    
  1 New York Plz Fl 12    
    New York NY 10004-1932                

 

F-45


 

LOGO

 

Nuveen

333 West Wacker Drive

Chicago, IL 60606-1286

(800) 257-8787

 

www.nuveen.com    NIF 1120


EVERY SHAREHOLDER’S VOTE IS IMPORTANT

 

                    

EASY VOTING OPTIONS:
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VOTE ON THE INTERNET

Log on to:

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or scan the QR code

Follow the on-screen instructions

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VOTE BY PHONE

Call 1-800-337-3503

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VOTE BY MAIL

Vote, sign and date this Proxy

Card and return in the

postage-paid envelope

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VOTE AT THE VIRTUAL MEETING

Visit: www.meetingcenter.io/251819459

on November 16 at 2:00 p.m. Central Time.

To participate in the Virtual Meeting,

enter the 14-digit control number from

the shaded box on this card.

The Password for this meeting is

NUV2020.

 

 

                                                                            

 

 

  

Please detach at perforation before mailing.

 

  
LOGO   

NUVEEN INVESTMENT FUNDS, INC.

SPECIAL MEETING OF SHAREHOLDERS

TO BE HELD ON NOVEMBER 16, 2020

  

THIS PROXY IS BEING SOLICITED BY THE BOARD OF TRUSTEES. The undersigned shareholder(s) of Nuveen Investment Funds, Inc., a Maryland corporation (the “Corporation”), on behalf of each series of the Corporation (each series of the Corporation, individually a “Fund,” and collectively, the “Funds”), revoking previous proxies, hereby appoints Mark J. Czarniecki, Diana R. Gonzalez, Kevin J. McCarthy, Christopher M. Rohrbacher and Eric F. Fess, or any one of them as true and lawful attorneys with power of substitution of each, to vote all shares of the Fund(s) that the undersigned is entitled to vote at the Special Meeting of Shareholders to be held virtually at the following Website: www.meetingcenter.io/251819459, on November 16, 2020, at 2:00 p.m. Central Time, and at any and all adjournments or postponements thereof as indicated on the reverse side. To participate in the Virtual Meeting enter the 14-digit control number from the shaded box on this card. The Password for this meeting is NUV2020. In their discretion, the proxy holders named above are authorized to vote upon such other matters as may properly come before the meeting or any adjournment or postponement thereof.

Receipt of the Notice of the Special Meeting of Shareholders and the accompanying Joint Proxy Statement is hereby acknowledged. The shares of Fund(s) represented hereby will be voted as indicated or FOR the proposals if no choice is indicated.

 

VOTE VIA THE INTERNET:   www.proxy-direct.com

VOTE VIA THE TELEPHONE:   1-800-337-3503

 

                                                                            

 

NIV_31615_091620

PLEASE SIGN, DATE ON THE REVERSE SIDE AND RETURN THE PROXY PROMPTLY USING THE ENCLOSED ENVELOPE.

 

xxxxxxxxxxxxxx         code      


EVERY SHAREHOLDER’S VOTE IS IMPORTANT!

VOTE THIS PROXY CARD TODAY!

Important Notice Regarding the Availability of Proxy Materials for

Nuveen Investment Funds, Inc.

Special Meeting of Shareholders to Be Held Virtually on November 16, 2020.

The Joint Proxy Statement for this meeting is available at:

http://www.nuveenproxy.com/Mutual-Fund-Proxy-Information/

IF YOU VOTE ON THE INTERNET OR BY TELEPHONE,

YOU NEED NOT RETURN THIS PROXY CARD

 

 

FUNDS

 

FUNDS

 

FUNDS

Nuveen Credit Income Fund   Nuveen Dividend Value Fund   Nuveen Global Infrastructure Fund
Nuveen Large Cap Select Fund   Nuveen Mid Cap Growth Opportunities Fund   Nuveen Mid Cap Value Fund
Nuveen Minnesota Intermediate Municipal Bond Fund   Nuveen Minnesota Municipal Bond Fund   Nuveen Nebraska Municipal Bond Fund
Nuveen Oregon Intermediate Municipal Bond Fund   Nuveen Real Asset Income Fund   Nuveen Real Estate Securities Fund
Nuveen Short Term Municipal Bond Fund   Nuveen Small Cap Growth Opportunities Fund   Nuveen Small Cap Select Fund
Nuveen Small Cap Value Fund   Nuveen Strategic Income Fund  

Please detach at perforation before mailing.

In their discretion, the proxy holders are authorized to vote upon such other matters as may properly come before the meeting or any adjournments or postponements thereof.

Properly executed proxies will be voted as specified. If no other specification is made, such shares will be voted “FOR” the proposals.

 

TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS SHOWN IN THIS EXAMPLE:

  LOGO

 

 A    Proposals      
1.   To elect ten Board Members:  

FOR

ALL

 

WITHHOLD

ALL

 

FOR ALL

EXCEPT

  01. Jack B. Evans    02. William C. Hunter    03. Albin F. Moschner    04. John K. Nelson      
  05. Judith M. Stockdale    06. Carole E. Stone    07. Matthew Thornton III    08. Terence J. Toth      
  09. Margaret L. Wolff    10. Robert L. Young            
 

INSTRUCTIONS: To withhold authority to vote for any individual nominee(s), mark the box “FOR ALL EXCEPT”

and write the nominee’s number on the line provided                                                                                                 

     
2.   To approve revisions to its fundamental investment policy regarding industry concentration.      

 

    FOR   AGAINST   ABSTAIN   
  Nuveen Global Infrastructure Fund         

 

 B    Authorized Signatures — This section must be completed for your vote to be counted. — Sign and Date Below

 

Note:

Please sign exactly as your name(s) appear(s) on this Proxy Card, and date it. When shares are held jointly, each holder should sign. When signing as attorney, executor, guardian, administrator, trustee, officer of corporation or other entity or in another representative capacity, please give the full title under the signature.

 

Date (mm/dd/yyyy) — Please print date below     Signature 1 — Please keep signature within the box     Signature 2 — Please keep signature within the box

/      /

 

               

 

Scanner bar code

 

 

     xxxxxxxxxxxxxx    NIV 31615    M    xxxxxxxx   
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