NPORT-EX 2 tiaa_FMN.htm
1
Nuveen
Minnesota
Intermediate
Municipal
Bond
Fund
Portfolio
of
Investments
February
28,
2023
(Unaudited)
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
LONG-TERM
INVESTMENTS
-
98.2%   
X
339,677,136
MUNICIPAL
BONDS
-
98.2%  
X
339,677,136
Education
and
Civic
Organizations
-
18.2%
Baytown
Township,
Minnesota
Charter
School
Lease
Revenue
Bonds,
Saint
Croix
Preparatory
Academy,
Refunding
Series
2016A:
$
425
3.000%,
8/01/23
No
Opt.
Call
BB+
$
421,719
720
3.500%,
8/01/25
No
Opt.
Call
BB+
692,539
130
4.000%,
8/01/28
8/26
at
100.00
BB+
121,897
1,160
Brooklyn
Center,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Tesfa
International
dba
Twin
Lakes
STEM
Academy
Project,
Series
2021A,
5.000%,
6/15/37
6/29
at
100.00
N/R
919,486
City
of
Ham
Lake,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
DaVinci
Academy
Project,Series
2016A:
100
5.000%,
7/01/31
7/24
at
102.00
N/R
100,175
1,000
5.000%,
7/01/36
7/24
at
102.00
N/R
973,370
Deephaven,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Eagle
Ridge
Academy
Project,
Series
2015A:
190
5.000%,
7/01/30
7/25
at
100.00
BB+
191,064
710
5.250%,
7/01/37
7/25
at
100.00
BB+
711,328
Deephaven,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Eagle
Ridge
Academy
Project,
Series
2016A:
465
4.000%,
7/01/23
No
Opt.
Call
BB+
464,223
300
4.000%,
7/01/24
No
Opt.
Call
BB+
297,762
135
4.000%,
7/01/25
No
Opt.
Call
BB+
132,754
130
4.000%,
7/01/26
7/25
at
100.00
BB+
126,788
300
4.000%,
7/01/27
7/25
at
100.00
BB+
290,016
370
4.000%,
7/01/28
7/25
at
100.00
BB+
354,186
230
Deephaven,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Seven
Hills
Preparatory
Academy
Project,
Series
2017A,
4.375%,
10/01/27
10/24
at
100.00
N/R
221,347
645
Forest
Lake,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Lakes
International
Language
Academy,
Series
2014A,
5.500%,
8/01/36
3/23
at
102.00
BB+
647,657
Greenwood,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Main
Street
School
of
Performing
Arts
Project,
Series
2016A:
860
4.500%,
7/01/26
No
Opt.
Call
N/R
829,530
40
5.000%,
7/01/36
7/26
at
100.00
N/R
36,259
1,485
Ham
Lake,
Minnesota
Charter
School
Lease
Revenue
Bonds,
Parnassus
Preparatory
School
Project,
Series
2016A,
4.000%,
11/01/26
No
Opt.
Call
BB+
1,434,302
975
Hugo,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Noble
Academy
Project,
Series
2014A,
5.000%,
7/01/44
7/24
at
100.00
BB
893,539
Independence,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Beacon
Academy
Project,
Series
2016A:
1,000
4.750%,
7/01/31
7/26
at
100.00
N/R
949,050
500
5.000%,
7/01/36
7/26
at
100.00
N/R
468,915
1,405
Minneapolis,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Twin
Cities
International
Schools
Project,
Series
2017A,
5.000%,
12/01/32,
144A
12/27
at
100.00
N/R
1,402,738
1,380
Minneapolis,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Yinghua
Academy
Project,
Series
2013A,
6.000%,
7/01/33
7/23
at
100.00
BB+
1,383,892
2,690
Minneapolis,
Minnesota,
Revenue
Bonds,
University
Gateway
Project,
Refunding
Series
2015,
4.000%,
12/01/28
12/24
at
100.00
Aa1
2,707,420
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Bethel
University,
Refunding
Series
2017:
2,800
5.000%,
5/01/32
5/27
at
100.00
BB+
2,775,444
655
5.000%,
5/01/37
5/27
at
100.00
BB+
620,547
1,600
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Carleton
College,
Refunding
Series
2017,
4.000%,
3/01/33
3/27
at
100.00
Aa2
1,653,440
Nuveen
Minnesota
Intermediate
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
2
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Education
and
Civic
Organizations
(continued)
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
College
of
Saint
Scholastica,
Inc.,
Refunding
Series
2019:
$
140
3.000%,
12/01/23
No
Opt.
Call
Baa2
$
138,421
105
4.000%,
12/01/24
No
Opt.
Call
Baa2
104,075
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Gustavus
Adolfus
College,
Series
2013-7W:
500
5.000%,
10/01/23
No
Opt.
Call
A3
504,560
1,000
4.250%,
10/01/28
10/23
at
100.00
A3
1,005,630
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Macalester
College,
Refunidng
Series
2021:
100
4.000%,
3/01/29
No
Opt.
Call
Aa3
106,008
150
4.000%,
3/01/30
No
Opt.
Call
Aa3
160,147
160
4.000%,
3/01/31
No
Opt.
Call
Aa3
172,269
140
4.000%,
3/01/32
3/31
at
100.00
Aa3
149,705
1,250
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Macalester
College,
Series
201528J,
3.250%,
3/01/29
3/25
at
100.00
Aa3
1,255,012
1,235
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
Catherine
University,
Refunding
Series
2018A,
5.000%,
10/01/31
10/28
at
100.00
Baa1
1,322,413
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
John's
University,
Refunding
Series
2021:
500
4.000%,
10/01/32
10/30
at
100.00
A2
513,635
200
4.000%,
10/01/34
10/30
at
100.00
A2
202,198
700
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
John's
University,
Series
2015-8I,
3.375%,
10/01/30
10/25
at
100.00
A2
671,888
1,000
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
Olaf
College,
Series
2015-8-G,
5.000%,
12/01/28
12/25
at
100.00
A1
1,044,090
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
Olaf
College,
Series
2021:
1,000
3.000%,
10/01/38
10/30
at
100.00
A1
840,070
1,000
4.000%,
10/01/50
10/30
at
100.00
A1
919,940
825
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
University
of
Saint
Thomas,
Green
Series
2022A,
4.000%,
10/01/38
10/30
at
100.00
A2
808,962
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
University
of
Saint
Thomas,
Series
2013-7U:
2,000
4.000%,
4/01/25
4/23
at
100.00
A2
2,000,980
775
4.000%,
4/01/26
4/23
at
100.00
A2
775,465
300
4.000%,
4/01/27
4/23
at
100.00
A2
300,204
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
University
of
Saint
Thomas,
Series
2017A:
750
4.000%,
10/01/34
10/27
at
100.00
A2
763,140
525
4.000%,
10/01/35
10/27
at
100.00
A2
530,092
450
4.000%,
10/01/36
10/27
at
100.00
A2
450,594
1,000
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
University
of
Saint
Thomas,
Series
2019,
4.000%,
10/01/31
10/29
at
100.00
A2
1,030,410
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
University
of
Saint
Thomas,
Series
2022B:
1,000
4.125%,
10/01/41
10/30
at
100.00
A2
968,120
1,000
5.000%,
10/01/47
10/30
at
100.00
A2
1,042,380
450
Minnesota
Office
of
Higher
Education,
Supplemental
Student
Loan
Program
Revenue
Bonds,
2020
Senior
Series,
5.000%,
11/01/26,
(AMT)
No
Opt.
Call
AA
467,316
705
Minnesota
Office
of
Higher
Education,
Supplemental
Student
Loan
Program
Revenue
Bonds,
Senior
Series
2018,
5.000%,
11/01/26,
(AMT)
No
Opt.
Call
AA
731,635
1,185
Minnesota
State
Colleges
and
University,
General
Fund
Revenue
Bonds,
Series
2015A,
3.000%,
10/01/26
4/25
at
100.00
AA-
1,183,140
Moorhead,
Minnesota,
Educational
Facilities
Revenue
Bonds,
The
Concordia
College
Corporation
Project,
Series
2016:
980
4.000%,
12/01/30
12/25
at
100.00
Baa1
983,263
1,060
4.000%,
12/01/32
12/25
at
100.00
Baa1
1,062,184
935
Otsego,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Kaleidoscope
Charter
School
Project,
Series
2014A,
5.000%,
9/01/34
9/24
at
100.00
BB-
893,243
3
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Education
and
Civic
Organizations
(continued)
$
70
Saint
Cloud,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Stride
Academy
Project,
Series
2016A,
5.000%,
4/01/36
4/26
at
100.00
N/R
$
57,812
710
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Great
River
School
Project,
Series
2017A,
5.500%,
7/01/38,
144A
7/27
at
100.00
N/R
715,368
3,005
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Hmong
College
Prep
Academy
Project,
Series
2016A,
5.250%,
9/01/31
9/26
at
100.00
BB+
3,018,312
200
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Metro
Deaf
School
Project,
Series
2018A,
5.000%,
6/15/38,
144A
6/25
at
100.00
N/R
191,528
325
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Nova
Classical
Academy,
Series
2016A,
4.000%,
9/01/31
9/24
at
102.00
BB+
298,275
885
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Twin
Cities
Academy
Project,
Series
2015A,
5.000%,
7/01/35
7/25
at
100.00
BB
847,210
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Twin
Cities
German
Immersion
School,
Series
2013A:
55
4.000%,
7/01/23
No
Opt.
Call
BB
55,023
700
5.000%,
7/01/33
7/23
at
100.00
BB
700,672
260
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Lease
Revenue
Bonds,
Saint
Paul
Conservatory
for
Performing
Artists
Charter
School
Project,
Series
2013A,
4.000%,
3/01/28
3/23
at
100.00
BB
245,983
2,770
Savage,
Minnesota
Charter
School
Lease
Revenue
Bonds,
Aspen
Academy
Project,
Series
2016A,
5.000%,
10/01/36
10/26
at
100.00
N/R
2,608,232
University
of
Minnesota,
General
Obligation
Bonds,
Series
2014B:
1,000
4.000%,
1/01/31
1/24
at
100.00
Aa1
1,007,540
1,000
4.000%,
1/01/32
1/24
at
100.00
Aa1
1,007,420
1,000
4.000%,
1/01/34
1/24
at
100.00
Aa1
1,005,210
5,000
University
of
Minnesota,
General
Obligation
Bonds,
Series
2019A,
5.000%,
4/01/44
4/29
at
100.00
Aa1
5,359,100
Winona
Port
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Bluffview
Montessori
School
Project,
Refunding
Series
2016:
120
3.750%,
6/01/26
6/24
at
100.00
N/R
113,518
10
4.500%,
6/01/36
6/24
at
100.00
N/R
8,430
690
Woodbury,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Woodbury
Leadership
Academy,
Series
2021A,
4.000%,
7/01/31
7/28
at
103.00
BB-
633,234
Total
Education
and
Civic
Organizations
62,795,443
Health
Care
-
16.6%
3,370
Chippewa
County,
Minnesota,
Gross
Revenue
Hospital
Bonds,
Montevideo
Hospital
Project,
Refunding
Series
2016,
4.000%,
3/01/29
3/26
at
100.00
N/R
3,370,977
City
of
Plato,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Glencoe
Regional
Health
Services
Project,
Series
2017:
1,140
4.000%,
4/01/29
4/27
at
100.00
BBB
1,126,137
1,040
4.000%,
4/01/32
4/27
at
100.00
BBB
1,018,441
1,150
Crookston,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
RiverView
Health
Project,
Refunding
Series
2017A,
4.000%,
5/01/32
5/25
at
100.00
N/R
988,850
Duluth
Economic
Development
Authority,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Essentia
Health
Obligated
Group,
Series
2018A:
1,045
5.000%,
2/15/33
2/28
at
100.00
A-
1,101,023
255
4.250%,
2/15/38
2/28
at
100.00
A-
248,635
675
Duluth
Economic
Development
Authority,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Saint
Luke's
Hospital
of
Duluth
Obligated
Group,
Series
2021A,
4.000%,
6/15/37
6/31
at
100.00
BBB-
614,534
Nuveen
Minnesota
Intermediate
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
4
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Health
Care
(continued)
$
240
Duluth
Economic
Development
Authority,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Saint
Luke's
Hospital
of
Duluth
Obligated
Group,
Series
2022A,  Forward
Delivery,
4.000%,
6/15/35
6/32
at
100.00
BBB-
$
226,949
1,400
Duluth
Economic
Development
Authority,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Saint
Luke's
Hospital
of
Duluth
Obligated
Group,
Series
2022B,
5.250%,
6/15/42
6/32
at
100.00
BBB-
1,424,696
Glencoe,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Glencoe
Regional
Health
Services
Project,
Series
2013:
660
4.000%,
4/01/25
3/23
at
100.00
BBB
651,988
400
4.000%,
4/01/26
3/23
at
100.00
BBB
394,876
2,000
Maple
Grove,
Minnesota,
Health
Care
Facilities
Revenue
Refunding
Bonds,
North
Memorial
Health
Care,
Series
2015,
5.000%,
9/01/28
9/25
at
100.00
Baa1
2,058,900
Maple
Grove,
Minnesota,
Health
Care
Facility
Revenue
Bonds,
North
Memorial
Health
Care,
Series
2017:
495
5.000%,
5/01/31
5/27
at
100.00
Baa1
517,636
405
5.000%,
5/01/32
5/27
at
100.00
Baa1
421,650
Minneapolis,
Minnesota,
Health
Care
System
Revenue
Bonds,
Allina
Health
System,
Series
2021:
470
4.000%,
11/15/37
11/31
at
100.00
AA-
462,626
1,500
4.000%,
11/15/38
11/31
at
100.00
AA-
1,468,965
3,000
4.000%,
11/15/39
11/31
at
100.00
AA-
2,919,990
Minneapolis,
Minnesota,
Health
Care
System
Revenue
Bonds,
Fairview
Health
Services,
Series
2015A:
1,190
5.000%,
11/15/28
11/25
at
100.00
BBB+
1,234,375
1,100
5.000%,
11/15/29
11/25
at
100.00
BBB+
1,140,172
1,000
5.000%,
11/15/30
11/25
at
100.00
BBB+
1,035,450
2,000
5.000%,
11/15/32
11/25
at
100.00
BBB+
2,067,340
Minneapolis,
Minnesota,
Health
Care
System
Revenue
Bonds,
Fairview
Health
Services,
Series
2018A:
3,390
5.000%,
11/15/35
11/28
at
100.00
BBB+
3,567,229
2,100
5.000%,
11/15/36
11/28
at
100.00
BBB+
2,197,272
Rochester,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Mayo
Clinic,
Refunding
Series
2016B:
2,560
5.000%,
11/15/29
No
Opt.
Call
AA
2,910,592
1,000
5.000%,
11/15/33
No
Opt.
Call
AA
1,187,370
2,300
Rochester,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Mayo
Clinic,
Series
2022,
4.000%,
11/15/39
11/32
at
100.00
AA
2,338,088
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Health
Care
Facility
Revenue
Bonds,
HealthPartners
Obligated
Group,
Refunding
Series
2015A:
3,720
5.000%,
7/01/28
7/25
at
100.00
A
3,855,073
1,550
5.000%,
7/01/30
7/25
at
100.00
A
1,604,281
1,000
5.000%,
7/01/32
7/25
at
100.00
A
1,032,750
3,420
5.000%,
7/01/33
7/25
at
100.00
A
3,529,577
1,000
4.000%,
7/01/35
7/25
at
100.00
A
1,000,850
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Health
Care
Revenue
Bonds,
Fairview
Health
Services,
Series
2017A:
1,560
5.000%,
11/15/26
No
Opt.
Call
BBB+
1,636,206
1,000
5.000%,
11/15/28
11/27
at
100.00
BBB+
1,062,730
1,000
5.000%,
11/15/34
11/27
at
100.00
BBB+
1,050,050
1,745
4.000%,
11/15/35
11/27
at
100.00
BBB+
1,735,385
625
4.000%,
11/15/36
11/27
at
100.00
BBB+
608,850
1,305
4.000%,
11/15/37
11/27
at
100.00
BBB+
1,253,896
Shakopee,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Saint
Francis
Regional
Medical
Center,
Refunding
Series
2014:
1,200
5.000%,
9/01/27
9/24
at
100.00
A
1,221,936
1,140
5.000%,
9/01/29
9/24
at
100.00
A
1,160,360
Total
Health
Care
57,446,705
5
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Housing/Multifamily
-
0.1%
$
500
Anoka
Housing
and
Redevelopment
Authority,
Minnesota,
Multifamily
Housing
Revenue
Bonds,
Woodland
Park
Apartments
Project,
Series
2011A,
5.000%,
4/01/27
3/23
at
100.00
Aaa
$
500,620
Total
Housing/Multifamily
500,620
Housing/Single
Family
-
0.4%
160
Dakota
County
Community
Development
Agency,
Minnesota,
Single
Family
Mortgage
Revenue
Bonds,
Mortgage
Backed
Securities
Program,
Series
2011A,
4.400%,
12/01/26
3/23
at
100.00
AA+
160,063
120
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2014C,
3.100%,
7/01/26
7/24
at
100.00
AA+
119,517
260
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020A,
1.350%,
7/01/23,
(AMT)
No
Opt.
Call
AA+
257,917
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020E:
670
1.850%,
1/01/29
No
Opt.
Call
AA+
600,581
400
1.900%,
7/01/29
No
Opt.
Call
AA+
356,868
Total
Housing/Single
Family
1,494,946
Industrials
-
0.3%
1,000
Minneapolis,
Minnesota,
Limited
Tax
Supported
Development
Revenue
Bonds,  Common
Bond
Fund
Series
2013-1,
4.000%,
6/01/28
6/23
at
100.00
A+
1,002,560
Total
Industrials
1,002,560
Long-Term
Care
-
9.9%
250
Anoka,
Minnesota,
Housing
Revenue
Bonds,
The
Homestead
at
Anoka,
Inc.
Project,
Refunding
Series
2017,
5.000%,
11/01/46
11/24
at
103.00
N/R
208,135
Apple
Valley,
Minnesota
Senior
Housing
Revenue
Bonds,
PHS
Apple
Valley
Senior
Housing,
Inc.
Orchard
Path
Phase
II
Project,
Series
2021:
225
4.000%,
9/01/26
No
Opt.
Call
N/R
222,541
240
4.000%,
9/01/28
No
Opt.
Call
N/R
233,186
270
4.000%,
9/01/31
9/28
at
102.00
N/R
249,901
465
4.000%,
9/01/36
9/28
at
102.00
N/R
410,116
440
4.000%,
9/01/41
9/28
at
102.00
N/R
369,407
1,000
Apple
Valley,
Minnesota,
Senior
Housing
Revenue
Bonds,
PHS
Apple
Valley
Senior
Housing,
Inc.
Orchard
Path
Project,
Refunding
Series
2018,
4.250%,
9/01/38
9/23
at
102.00
N/R
916,730
1,000
Center
City,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Hazelden
Betty
Ford
Foundation
Project,
Series
2014,
5.000%,
11/01/25
11/24
at
100.00
Baa1
1,016,530
Chatfield,
Minnesota,
Healthcare
and
Housing
Facilities
Revenue
Bonds,
Chosen
Valley
Care
Center
Project,
Refunding
Series
2019:
100
4.000%,
9/01/29
9/26
at
102.00
N/R
90,521
100
4.000%,
9/01/30
9/26
at
102.00
N/R
88,342
100
4.000%,
9/01/31
9/26
at
102.00
N/R
86,174
100
4.000%,
9/01/32
9/26
at
102.00
N/R
84,002
155
4.000%,
9/01/33
9/26
at
102.00
N/R
127,815
100
4.000%,
9/01/34
9/26
at
102.00
N/R
81,099
815
Chisago
City,
Minnesota,
Housing
and
Health
Care
Revenue
Bonds,
CDL
Homes,
LLC
Project,
Series
2013B,
6.000%,
8/01/33
8/23
at
100.00
N/R
816,255
1,110
City
of
Minneapolis,
Minnesota,
Senior
Housing
and
Healthcare
Facilities
Revenue
Bonds,
Walker
Minneapolis
Campus
Project,
Series
2015,
4.625%,
11/15/31
3/23
at
100.00
N/R
1,053,756
325
City
of
Vergas,
Minnesota,
Housing
and
Health
Care
Revenue
Bonds,
CDL
Homes,
LLC
Project,
Refunding
Series
2016,
4.000%,
8/01/31
8/24
at
100.00
N/R
283,706
235
Cold
Spring,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Assumption
Home,
Inc.,
Refunding
Series
2017,
4.450%,
3/01/31
3/23
at
100.00
N/R
206,391
200
Cold
Spring,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Assumption
Home,
Inc.,
Refunding
Series
2018,
4.500%,
9/01/33
9/23
at
100.00
N/R
169,632
Nuveen
Minnesota
Intermediate
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
6
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Long-Term
Care
(continued)
Columbus,
Minnesota,
Senior
Housing
Revenue
Bonds,
Richfield
Senior
Housing,
Inc.,
Refunding
Series
2015:
$
1,000
4.600%,
1/01/27
3/23
at
100.00
N/R
$
933,820
500
5.000%,
1/01/34
3/23
at
100.00
N/R
428,995
Dakota
County
Community
Development
Agency,
Minnesota,
Senior
Housing
Revenue
Bonds,
Walker
Highview
Hills
LLC
Project,
Refunding
Series
2016A:
2,385
3.875%,
8/01/29,
144A
3/23
at
100.00
N/R
2,244,213
1,100
5.000%,
8/01/36,
144A
3/23
at
100.00
N/R
1,065,471
500
Dennison,
Minnesota,
Senior
Housing
Revenue
Bonds,
Villages
of
Lonsdale,
LLC
Project,
Series
2019,
4.200%,
5/01/35
5/24
at
101.00
N/R
418,825
1,435
Lake
Crystal,
Minnesota,
Housing
and
Health
Care
Revenue
Bonds,
Ecumen
Second
Century
&
Owatonna
Senior
Living
Project,
Refunding
Series
2014A,
4.500%,
9/01/44,
(Mandatory
Put
9/01/24)
3/23
at
100.00
N/R
1,400,617
200
Maple
Plain,
Minnesota
Senior
Housing
and
Healthcare
Revenue
Bonds,
Haven
Homes,
Inc.
Project,
Series
2019,
4.000%,
7/01/32
7/25
at
102.00
N/R
173,148
100
Mapleton,
Minnesota,
Healthcare
Facility
Revenue
Bonds,
Mapleton
Community
Home,
Refunding
Series
2019,
3.750%,
5/01/34
5/24
at
101.00
N/R
81,095
Minneapolis,
Minnesota,
Senior
Housing
and
Healthcare
Revenue
Bonds,
Ecumen
Abiitan
Mill
City
Project,  Series
2015:
425
4.750%,
11/01/28
5/23
at
100.00
N/R
405,063
750
5.250%,
11/01/45
5/23
at
100.00
N/R
669,668
Morris,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Farmington
Health
Services
Project,
Refunding
Series
2019:
95
2.900%,
8/01/23
No
Opt.
Call
N/R
94,014
100
3.100%,
8/01/25
8/24
at
101.00
N/R
94,424
380
North
Oaks,
Minnesota,
Senior
Housing
Revenue
Bonds,
Waverly
Gardens
Project,
Refunding
Series
2016,
4.000%,
10/01/24
No
Opt.
Call
N/R
379,814
Rochester,
Minnesota,
Health
Care
and
Housing
Revenue
Bonds,
Samaritan
Bethany,
Inc.
Project,
Refunding
Series
2017A:
775
3.875%,
8/01/26
8/25
at
100.00
N/R
744,163
805
4.000%,
8/01/27
8/25
at
100.00
N/R
766,996
2,000
4.000%,
8/01/30
8/25
at
100.00
N/R
1,816,980
405
Saint
Joseph,
Minnesota,
Senior
Housing
and
Healthcare
Revenue
Bonds,
Woodcrest
of
Country
Manor
Project,
Series
2019
A,
4.000%,
7/01/33
7/24
at
102.00
N/R
341,601
1,000
Saint
Louis
Park,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Mount
Olivet
Careview
Home
Project,
Series
2016B,
4.350%,
6/01/36
6/26
at
100.00
N/R
861,300
2,760
Saint
Paul
Housing
and
Redevelopment
Authority
Minnesota,
Senior
Housing
and
Health
Care
Revenue
Bonds,
Episcopal
Homes
Project,
Series
2013,
5.000%,
5/01/33
5/23
at
100.00
N/R
2,522,502
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Revenue
Bonds,
Amherst
H.
Wilder
Foundation
Project,
Refunding
Series
2020A:
500
5.000%,
12/01/25
No
Opt.
Call
Baa2
507,775
1,015
5.000%,
12/01/26
No
Opt.
Call
Baa2
1,034,346
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Senior
Housing
and
Health
Care
Revenue
Bonds,
Episcopal
Church
Homes
Project,
Refunding
Senior
Series
2021A:
160
3.100%,
11/01/31,
144A
11/26
at
102.00
N/R
135,690
625
3.150%,
11/01/32,
144A
11/26
at
102.00
N/R
521,837
Saint
Paul
Park,
Minnesota,
Senior
Housing
and
Health
Care
Revenue
Bonds,
Presbyterian
Homes
Bloomington
Project,
Refunding
Series
2017:
500
3.250%,
9/01/26
9/24
at
100.00
N/R
480,760
550
3.700%,
9/01/28
9/24
at
100.00
N/R
528,517
350
3.800%,
9/01/29
9/24
at
100.00
N/R
335,947
565
3.900%,
9/01/30
9/24
at
100.00
N/R
542,581
320
4.125%,
9/01/34
9/24
at
100.00
N/R
305,715
7
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Long-Term
Care
(continued)
$
1,590
Sartell,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Country
Manor
Campus
LLC
Project,
Refunding
Series
2017,
5.000%,
9/01/27
No
Opt.
Call
N/R
$
1,580,524
2,395
Sauk
Rapids,
Minnesota,
Health
Care
and
Housing
Facilities
Revenue
Bonds,
Good
Shepherd
Luthran
Home,
Refunding
Series
2013,
5.125%,
1/01/39
3/23
at
100.00
N/R
2,038,432
Scanlon,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Duluth
Health
Services
Project,
Refunding
Series
2020:
50
2.450%,
3/01/23
No
Opt.
Call
N/R
50,000
120
2.700%,
3/01/26
3/25
at
101.00
N/R
111,740
335
2.950%,
3/01/28
3/25
at
101.00
N/R
300,693
Wayzata,
Minnesota
Senior
Housing
Revenue
Bonds,
Folkestone
Senior
Living
Community,
Refunding
Series
2019:
175
3.000%,
8/01/27
8/24
at
102.00
N/R
163,525
300
3.125%,
8/01/28
8/24
at
102.00
N/R
278,046
300
3.250%,
8/01/29
8/24
at
102.00
N/R
275,829
225
3.375%,
8/01/30
8/24
at
102.00
N/R
205,585
600
5.000%,
8/01/31
8/24
at
102.00
N/R
603,336
450
5.000%,
8/01/32
8/24
at
102.00
N/R
451,800
250
5.000%,
8/01/33
8/24
at
102.00
N/R
250,220
555
5.000%,
8/01/34
8/24
at
102.00
N/R
551,637
250
5.000%,
8/01/35
8/24
at
102.00
N/R
246,130
500
4.000%,
8/01/44
8/24
at
102.00
N/R
400,900
Total
Long-Term
Care
34,058,513
Tax
Obligation/General
-
27.7%
2,000
Alexandria
Independent
School
District
206,
Douglas
County,
Minnesota,
General
Obligation
Bonds,
Refunding
School
Building
Series
2017A,
5.000%,
2/01/30
2/28
at
100.00
Aa1
2,216,640
1,475
Anoka-Hennepin
Independent
School
District
11,
Coon
Rapids,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2020A,
3.000%,
2/01/34
2/28
at
100.00
AAA
1,394,598
1,405
Benson
Independent
School
District
777,
Minnesota,
General
Olibation
Bonds,
School
Building
Series
2018A,
4.000%,
2/01/32
2/27
at
100.00
AAA
1,472,131
Brainerd
Independent
School
District
181,
Crow
Wing
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2018A:
3,280
4.000%,
2/01/30
2/27
at
100.00
AAA
3,413,135
1,000
4.000%,
2/01/33
2/27
at
100.00
AAA
1,039,620
Brooklyn
Center
Independent
School
District
286,
Minnesota,
General
Obligation
Bonds,
Series
2018A:
2,145
4.000%,
2/01/35
2/27
at
100.00
Aa1
2,195,086
1,720
4.000%,
2/01/37
2/27
at
100.00
Aa1
1,739,006
2,000
Buffalo,
Minnesota,
Water
and
Sewer
Revenue
Bonds,
Refunding
Series
2014A,
4.000%,
11/01/28
-
BAM
Insured
11/23
at
100.00
AA
2,013,620
1,000
Cloquet
Independent
School
District
94,
Carlton
and
Sant
Louis
Counties,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2015B,
4.000%,
2/01/36
2/25
at
100.00
Aa1
1,009,420
1,055
Dawson-Boyd
Independent
School
District
378,
Yellow
Medicine
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2019A,
4.000%,
2/01/30
2/28
at
100.00
AAA
1,113,964
1,250
Detroit
Lakes
Independent
School
District
22,
Becker
and
Otter
Tail
Counties,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2019A,
4.000%,
2/01/30
2/27
at
100.00
AAA
1,318,763
Dover-Eyota
Independent
School
District
533,
Minnesota,
General
Obligation
Bonds,
School
Building  
Facilities
Maintenance
Series
2023A:
1,515
4.000%,
2/01/42
2/31
at
100.00
AAA
1,503,244
1,450
4.000%,
2/01/45
2/31
at
100.00
AAA
1,417,259
1,270
Duluth
Independent
School
District
709,
Saint
Louis
County,
Minnesota,
General
Obligation
Bonds,
Capital
Appreciation
Series
2021C,
0.000%,
2/01/30
2/28
at
96.61
Aa1
981,316
Nuveen
Minnesota
Intermediate
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
8
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/General
(continued)
$
3,150
Elk
River
Independent
School
District
728,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2019A,
4.000%,
2/01/31
2/27
at
100.00
Aa1
$
3,301,294
1,530
Eveleth-Gilbert
Public
Schools
Independent
School
District
2154,
Saint
Louis
County,
Minnesota,
General
Obligation
Bonds,
Series
2019A,
4.000%,
2/01/32
2/28
at
100.00
AAA
1,614,808
2,460
Forest
Lake,
Washington
County,
Minnesota,
General
Obligation
Bonds,
Series
2019A,
4.000%,
2/01/32
2/29
at
100.00
AA+
2,621,917
Fridley
Independent
School
District
14,
Anoka
County,
Minnesota,
General
Obligation
Bonds,
Alternative
Facility,
Series
2016B:
2,620
5.000%,
2/01/27
2/26
at
100.00
Aa1
2,768,056
1,075
4.000%,
2/01/28
2/26
at
100.00
Aa1
1,106,616
1,485
Goodhue
Independent
School
District
253,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2019A,
4.000%,
2/01/30
2/28
at
100.00
AAA
1,567,997
Greenway
Independent
School
District
316,
Itasca
County,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2019F:
1,265
0.000%,
2/01/27
2/26
at
97.95
AAA
1,112,580
1,345
0.000%,
2/01/28
2/26
at
95.70
AAA
1,147,124
5,295
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
Series
2021A,
5.000%,
12/01/33
12/31
at
100.00
AAA
6,279,605
500
Independent
School
District
621,
Mounds
View,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2018A,
4.000%,
2/01/42
2/27
at
100.00
AAA
503,065
1,555
Independent
School
District
No.
2397
(Le
Sueur-Henderson),
Minnesota,
General
Obligation
School
Building
Bonds,
Series
2022A,
5.000%,
2/01/35
2/31
at
100.00
AAA
1,783,258
2,595
Minneapolis
Special
School
District
1,
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
Long-Term
Facilities
Maintenance
Series
2017B,
4.000%,
2/01/32
2/28
at
100.00
AAA
2,701,395
580
Minneapolis
Special
School
District
1,
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
Long-Term
Facilities
Maintenance
Series
2019B,
4.000%,
2/01/34
2/29
at
100.00
AAA
603,554
Minneapolis,
Minnesota,
General
Obligation
Bonds,
Improvement
&
Various
Purpose
Series
2018:
1,480
4.000%,
12/01/33
12/26
at
100.00
AAA
1,539,585
500
4.000%,
12/01/35
12/26
at
100.00
AAA
513,610
2,000
Minnesota
State,
General
Obligation
Bonds,
Various
Purpose
Series
2013A,
5.000%,
8/01/25
8/23
at
100.00
AAA
2,016,700
2,000
Minnesota
State,
General
Obligation
Bonds,
Various
Purpose
Series
2013D,
3.500%,
10/01/28
10/23
at
100.00
AAA
2,006,040
5,100
Minnesota
State,
General
Obligation
Bonds,
Various
Purpose
Series
2021A,
4.000%,
9/01/38
9/31
at
100.00
AAA
5,300,991
500
Montgomery
Independent
School
District
2905,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2018A,
4.000%,
2/01/34
2/25
at
100.00
Aa1
507,075
1,475
Moose
Lake
Independent
School
District
97,
Carlton
and
Pine
Counties,
Minnesota,
General
Obligation
Bonds,
School
Buidling
Series
2015A,
4.000%,
2/01/30
2/25
at
100.00
Aa1
1,504,869
2,050
North
Branch
Independent
School
District
138,
Chisago
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2017A,
4.000%,
2/01/30
2/27
at
100.00
AAA
2,145,591
850
North
Saint
Paul-Maplewood-Oakdale
Independent
School
District
622,
Ramsey
County,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2018A,
3.375%,
2/01/35
2/27
at
100.00
Aa1
820,989
Northland
Independent
School
District
118,
Minnesota,
General
Obligation
Bonds,
Series
2016A:
560
3.000%,
2/01/27
2/24
at
100.00
Aa1
557,839
1,185
3.000%,
2/01/29
2/24
at
100.00
Aa1
1,185,462
1,500
Osseo
Independent
School
District
279
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2018B,
4.000%,
2/01/34
2/27
at
100.00
Aa1
1,562,955
1,035
Perham
Dent
Independent
School
District
549,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2016A,
3.000%,
2/01/30
2/24
at
100.00
Aa1
1,035,983
9
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/General
(continued)
$
880
Plainview-Elgin-Millville
Independent
School
District
2899,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2019A,
4.000%,
2/01/32
2/28
at
100.00
AAA
$
928,778
1,250
Robbinsdale
Independent
School
District
281,
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2018A,
3.000%,
2/01/30
8/26
at
100.00
Aa1
1,250,312
1,035
Roseville
Independent
School
District
623,
Ramsey
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Refunding
Series
2019A,
5.000%,
2/01/24
No
Opt.
Call
Aa1
1,050,887
4,535
Roseville
Independent
School
District
623,
Ramsey
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2018A,
4.000%,
2/01/34
2/27
at
100.00
Aa1
4,687,920
1,100
Saint
Cloud
Independent
School
District
742,
Stearns
County,
Minnesota,
General
Obligation
Bonds,
Series
2015A,
4.000%,
2/01/30
2/25
at
100.00
Aa1
1,122,484
575
Saint
Francis
Independent
School
District
15,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2018A,
4.000%,
2/01/34
3/23
at
100.00
Aa1
575,437
1,075
Saint
Louis
Park
Independent
School
District
283,
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2022A,
5.000%,
2/01/37
2/31
at
100.00
Aa1
1,205,215
1,225
Saint
Michael
Independent
School
District
885,
Wright
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2017A,
3.200%,
2/01/32
2/26
at
100.00
Aa1
1,227,952
1,700
Sartell,
Minnesota,
General
Obligation
Bonds,
Series
2022A,
4.000%,
2/01/39
2/30
at
100.00
AA
1,696,923
1,240
South
Washington
County
Independent
School
District
833,
Minnesota,
General
Obligation
Bonds,
Alternate
Facilities
Series
2014A,
3.500%,
2/01/27
2/24
at
100.00
Aa1
1,243,348
1,330
South
Washington
County
Independent
School
District
833,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2018A,
4.000%,
2/01/31
2/27
at
100.00
Aa1
1,371,509
2,000
South
Washington
County
Independent
School
District
833,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2022A,
4.000%,
2/01/35
2/30
at
100.00
Aa1
2,078,380
2,000
South
Washington
County
Independent
School
District
833,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2016A,
4.000%,
2/01/29
2/26
at
100.00
Aa1
2,053,340
915
Southland
Independent
School
District
500,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2019A,
4.000%,
2/01/31
2/27
at
100.00
AAA
950,658
2,000
Stillwater
Independent
School
District
834,
Washington
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2015A,
4.000%,
2/01/28
2/24
at
100.00
Aa1
2,018,420
2,415
Watertown-Mayer
Independent
School
District
111,
Carver,
Hennepin
and
Wright
Counties,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2020A,
0.000%,
2/01/31
2/28
at
94.63
AAA
1,815,525
Total
Tax
Obligation/General
95,913,848
Tax
Obligation/Limited
-
10.5%
695
Duluth
Independent
School
District
709,
Minnesota,
Certificates
of
Participation,
Refunding
Full
Term
Series
2019B,
5.000%,
2/01/28
No
Opt.
Call
Aa1
751,615
55
Elbow
Lake
Economic
Development
Authority,
Minnesota,
Lease
Revenue
Bonds,
Grant
County
Public
Project,
Series
2017A,
4.000%,
12/15/37
12/27
at
100.00
N/R
49,084
1,475
Minneapolis
Special
School
District
1,
Hennepin
County,
Minnesota,
Certificates
of
Participation,
Full
Term
Series
2015D,
3.000%,
2/01/29
2/24
at
100.00
AAA
1,458,908
1,000
Minneapolis
Special
School
District
1,
Hennepin
County,
Minnesota,
Certificates
of
Participation,
Full
Term
Series
2017C,
4.000%,
2/01/30
2/28
at
100.00
AAA
1,045,200
Minneapolis,
Minnesota,
Tax
Increment
Revenue
Bonds,
Grant
Park
Project,
Refunding
Series
2015:
495
3.650%,
3/01/24
3/23
at
100.00
N/R
490,357
200
3.800%,
3/01/25
3/23
at
100.00
N/R
196,674
200
4.000%,
3/01/27
3/23
at
100.00
N/R
197,070
165
Minneapolis,
Minnesota,
Tax
Increment
Revenue
Bonds,
Village
at
St.
Anthony
Falls
Project,
Refunding
Series
2015,
4.000%,
3/01/24
3/23
at
100.00
N/R
164,528
Nuveen
Minnesota
Intermediate
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
10
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/Limited
(continued)
Minneapolis,
Minnesota,
Tax
Incriment
Revenue
Bonds,
Ivy
Tower
Project,
Series
2015:
$
765
4.000%,
3/01/25
3/24
at
100.00
N/R
$
755,904
500
5.000%,
3/01/29
3/24
at
100.00
N/R
500,475
1,170
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2015C,
4.000%,
8/01/27
8/24
at
100.00
AA+
1,186,345
960
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2018D,
4.000%,
8/01/34
8/28
at
100.00
AA+
985,757
770
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2019A,
4.000%,
8/01/32
8/29
at
100.00
AA+
803,495
3,105
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2020B,
4.000%,
8/01/32
8/30
at
100.00
AA+
3,300,863
1,810
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2020D,
4.000%,
8/01/31
8/30
at
100.00
AA+
1,926,329
205
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2021B,
3.000%,
8/01/37
8/31
at
100.00
AA+
184,693
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2021C:
1,085
5.000%,
8/01/33
8/31
at
100.00
AA+
1,238,528
3,295
4.000%,
8/01/39
8/31
at
100.00
AA+
3,273,813
2,385
4.000%,
8/01/40
8/31
at
100.00
AA+
2,350,966
1,900
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2022C,
5.000%,
8/01/41
8/32
at
100.00
AA+
2,071,532
1,185
Minnesota
Housing
Finance
Agency,
Nonprofit
Housing
Bonds,
State
Appropriation
Series
2011,
5.250%,
8/01/27
3/23
at
100.00
AA+
1,187,086
Northeast
Metropolitan
Intermediate
School
District
916,
White
Bear
Lake,
Minnesota,
Certificates
of
Particpation,
Series
2015B:
605
3.125%,
2/01/29
2/25
at
100.00
A1
597,268
350
3.250%,
2/01/30
2/25
at
100.00
A1
347,091
Plymouth
Intermediate
District
287,
Minnesota,
Facilities
Maintence
Bonds,
Series
2017B:
235
4.000%,
5/01/26
No
Opt.
Call
Aa3
241,528
175
4.000%,
5/01/27
No
Opt.
Call
Aa3
181,445
1,215
Roseville
Independent
School
District
623,
Ramsey
County,
Minnesota,
Certificates
of
Participation,
Series
2021A,
5.000%,
4/01/30
No
Opt.
Call
Baa1
1,326,549
Saint
Cloud
Independent
School
District
742,
Stearns
County,
Minnesota,
Certificates
of
Participation,
Saint
Cloud
Area
Public
Schools,
Series
2017A:
630
5.000%,
2/01/30
2/25
at
100.00
A1
648,856
725
4.000%,
2/01/38
2/25
at
100.00
A1
721,324
1,685
Saint
Paul
Independent
School
District
625,
Ramsey
County,
Minnesota,
Certificates
of
Participation,
Series
2018B,
3.250%,
2/01/33
2/27
at
100.00
AAA
1,657,332
1,020
Saint
Paul
Independent
School
District
625,
Ramsey
County,
Minnesota,
Certificates
of
Participation,
Series
2019B,
4.000%,
2/01/32
2/29
at
100.00
AAA
1,074,611
290
Saint
Paul
Independent
School
District
625,
Ramsey
County,
Minnesota,
Certificates
of
Participation,
Series
2020C,
3.000%,
2/01/36
2/28
at
100.00
AAA
261,780
735
Saint
Paul,
Minnesota,
Sales
Tax
Revenue
Bonds,
Series
2014G,
5.000%,
11/01/29
11/24
at
100.00
A+
754,610
3,500
Virginia
Housing
and
Redevelopment
Authority,
Minnesota,
Health
Care
Facility
Lease
Revenue
Bonds,
Refunding
Series
2018A,
4.000%,
10/01/29
10/25
at
100.00
N/R
3,473,855
Zumbro
Education
District
6012,
Minnesota,
Certificates
of
Participation
Series
2021A:
375
4.000%,
2/01/26
No
Opt.
Call
Baa1
374,167
320
4.000%,
2/01/28
No
Opt.
Call
Baa1
320,346
330
4.000%,
2/01/30
No
Opt.
Call
Baa1
331,280
Total
Tax
Obligation/Limited
36,431,264
11
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Transportation
-
6.8%
$
335
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2014A,
5.000%,
1/01/29
1/24
at
100.00
A+
$
339,747
1,000
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2019A,
5.000%,
1/01/33
7/29
at
100.00
A+
1,109,650
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2019B:
3,000
5.000%,
1/01/27,
(AMT)
No
Opt.
Call
A+
3,118,830
1,735
5.000%,
1/01/30,
(AMT)
7/29
at
100.00
A+
1,864,587
1,000
5.000%,
1/01/32,
(AMT)
7/29
at
100.00
A+
1,074,290
895
5.000%,
1/01/33,
(AMT)
7/29
at
100.00
A+
960,631
4,500
5.000%,
1/01/44,
(AMT)
7/29
at
100.00
A+
4,622,310
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Senior
Lien
Series
2016C:
1,050
5.000%,
1/01/34
1/27
at
100.00
AA-
1,120,182
2,310
5.000%,
1/01/35
1/27
at
100.00
AA-
2,455,230
180
5.000%,
1/01/36
1/27
at
100.00
AA-
190,359
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Subordinate
Lien
Series
2022B:
1,000
5.000%,
1/01/32,
(AMT)
No
Opt.
Call
A+
1,099,240
2,325
5.000%,
1/01/33,
(AMT)
1/32
at
100.00
A+
2,552,734
855
5.000%,
1/01/35,
(AMT)
1/32
at
100.00
A+
927,965
2,000
5.250%,
1/01/47,
(AMT)
1/32
at
100.00
A+
2,090,760
Total
Transportation
23,526,515
U.S.
Guaranteed
-
3.1%
(4)
570
Rochester,
Minnesota,
Electric
Utility
Revenue
Bonds,
Refunding
Series
2013B,
5.000%,
12/01/33,
(Pre-refunded
12/01/23)
12/23
at
100.00
Aa3
577,923
Rochester,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Olmsted
Medical
Center
Project,
Series
2013:
940
3.000%,
7/01/25,
(Pre-refunded
7/01/23)
7/23
at
100.00
N/R
939,107
515
3.250%,
7/01/26,
(Pre-refunded
7/01/23)
7/23
at
100.00
N/R
514,928
Saint
Paul
Park,
Minnesota,
Health
Facilities
Revenue
Bonds,
Presbyterian
Homes
Interlude
Transitional
Care
Projects,
Refunding
Series
2018:
510
4.200%,
5/01/33,
(Pre-refunded
5/01/23)
5/23
at
102.00
N/R
520,817
1,940
4.750%,
5/01/38,
(Pre-refunded
5/01/23)
5/23
at
102.00
N/R
1,982,874
St.
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Hospital
Revenue
Bonds,
HealthEast
Inc.,
Series
2015A:
1,100
5.000%,
11/15/29,
(Pre-refunded
11/15/25)
11/25
at
100.00
N/R
1,153,768
2,285
5.000%,
11/15/30,
(Pre-refunded
11/15/25)
11/25
at
100.00
N/R
2,396,691
Western
Minnesota
Municipal
Power
Agency,
Minnesota,
Power
Supply
Revenue
Bonds,
Series
2014A:
1,000
5.000%,
1/01/31,
(Pre-refunded
1/01/24)
1/24
at
100.00
Aa2
1,015,440
1,150
5.000%,
1/01/32,
(Pre-refunded
1/01/24)
1/24
at
100.00
Aa2
1,167,756
500
Worthington
Independent
School
District
518,
Nobles
County,
Minnesota,
Certificates
of
Participation,
Series
2017A,
4.000%,
2/01/30,
(Pre-
refunded
2/01/26)
2/26
at
100.00
A+
512,990
Total
U.S.
Guaranteed
10,782,294
Utilities
-
4.6%
Brainerd,
Minnesota,
Electric
Utility
Revenue
Bonds,
Series
2014A:
475
4.000%,
12/01/28
12/24
at
100.00
AA
485,402
495
4.000%,
12/01/29
12/24
at
100.00
AA
506,509
175
Central
Minnesota
Municipal
Power
Agency,
Revenue
Bonds,
Brookings
-
Southeast
Twin
Cities
Transmission
Project,
Refunding
Series
2021,
4.000%,
1/01/33
-
AGM
Insured
1/30
at
100.00
AA
184,695
Nuveen
Minnesota
Intermediate
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
12
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Utilities
(continued)
Hutchinson,
Minnesota,
Public
Utility
Revenue
Bonds,
Refunding
Series
2012A:
$
580
5.000%,
12/01/25
3/23
at
100.00
A1
$
580,835
670
5.000%,
12/01/26
3/23
at
100.00
A1
670,965
Luverne,
Minnesota,
Electric
Revenue
Bonds,
Series
2018A:
225
4.000%,
12/01/27
No
Opt.
Call
AA
233,865
100
4.000%,
12/01/33
12/28
at
100.00
AA
104,818
665
Minnesota
Municipal
Gas
Agency,
Commodity
Supply
Revenue
Bonds,
Series
2022A,
4.000%,
12/01/52,
(Mandatory
Put
12/01/27)
9/27
at
100.37
Aa1
667,135
Minnesota
Municipal
Power
Agency,
Electric
Revenue
Bonds,
Refunding
Series
2014:
500
5.000%,
10/01/29
10/24
at
100.00
AA-
513,410
500
5.000%,
10/01/30
10/24
at
100.00
AA-
513,255
1,000
Minnesota
Municipal
Power
Agency,
Electric
Revenue
Bonds,
Refunding
Series
2014A,
3.500%,
10/01/28
10/24
at
100.00
AA-
1,004,610
1,430
Northern
Municipal
Power
Agency,
Minnesota,
Electric
System
Revenue
Bonds,
Series
2013A,
5.000%,
1/01/30
3/23
at
100.00
A-
1,431,773
750
Rochester,
Minnesota,
Electric
Utility
Revenue
Bonds,
Refunding
Series
2015E,
3.000%,
12/01/29
12/25
at
100.00
AA
751,192
1,000
Rochester,
Minnesota,
Electric
Utility
Revenue
Bonds,
Refunding
Series
2017A,
5.000%,
12/01/33
12/26
at
100.00
AA
1,064,720
1,070
Saint
Paul
Port
Authority,
Minnesota,
District
Energy
Revenue
Bonds,
Series
2017-4,
4.000%,
10/01/40,
(AMT)
10/27
at
100.00
A-
1,000,183
100
Saint
Paul
Port
Authority,
Minnesota,
District
Energy
Revenue
Bonds,
Series
2021-1.
501
C3,
3.000%,
10/01/27
No
Opt.
Call
A-
97,395
2,500
Southern
Minnesota
Municipal
Power
Agency
Power
Supply
System
Revenue
Bonds,
Series
2015A,
4.000%,
1/01/30
1/26
at
100.00
AA-
2,560,075
1,000
Southern
Minnesota
Municipal
Power
Agency,
Power
Supply
System
Revenue
Bonds,
Series
1994A,
0.000%,
1/01/26
-
NPFG
Insured
No
Opt.
Call
A+
903,350
Western
Minnesota
Municipal
Power
Agency,
Minnesota,
Power
Supply
Revenue
Bonds,
Refunding
Series
2015A:
1,335
5.000%,
1/01/31
1/26
at
100.00
Aa2
1,402,311
1,000
5.000%,
1/01/33
1/26
at
100.00
Aa2
1,047,930
Total
Utilities
15,724,428
Total
Long-Term
Investments
(cost
$347,291,290)
339,677,136
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
SHORT-TERM
INVESTMENTS
-
 0.7%  
X
2,375,000
MUNICIPAL
BONDS
-
0.7%  
X
2,375,000
Health
Care
-
0.7%
$
2,375
Rochester,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Mayo
Clinic,
Series
2011,
3.500%,
11/15/38,
(Mandatory
Put
4/07/21)
(5)
3/21
at
100.00
AA
$
2,375,000
Total
Health
Care
$
2,375,000
Total
Short-Term
Investments
(cost
$2,375,000)
2,375,000
Total
Investments
(cost
$349,666,290)
-
98.9%
342,052,136
Other
Assets
&
Liabilities,
Net
-
1.1%
3,658,200
Net
Assets
-
100%
$
345,710,336
13
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Municipal
Bonds
$
$
339,677,136
$
$
339,677,136
Short-Term
Investments:
Municipal
Bonds
2,375,000
2,375,000
Total
$
$
342,052,136
$
$
342,052,136
(1)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(2)
Optional
Call
Provisions:
Dates
(month
and
year)
and
prices
of
the
earliest
optional
call
or
redemption.
There
may
be
other
call
provisions
at
varying
prices
at
later
dates.
Certain
mortgage-backed
securities
may
be
subject
to
periodic
principal
paydowns.
(3)
For
financial
reporting
purposes,
the
ratings
disclosed
are
the
highest
of
Standard
&
Poor’s
Group
(“Standard
&
Poor’s”),
Moody’s
Investors
Service,
Inc.
(“Moody’s”)
or
Fitch,
Inc.
(“Fitch”)
rating.
This
treatment
of
split-rated
securities
may
differ
from
that
used
for
other
purposes,
such
as
for
Fund
investment
policies.
Ratings
below
BBB
by
Standard
&
Poor’s,
Baa
by
Moody’s
or
BBB
by
Fitch
are
considered
to
be
below
investment
grade.
Holdings
designated
N/R
are
not
rated
by
any
of
these
national
rating
agencies.
(4)
Backed
by
an
escrow
or
trust
containing
sufficient
U.S.
Government
or
U.S.
Government
agency
securities,
which
ensure
the
timely
payment
of
principal
and
interest.
(5)
Investment
has
a
maturity
of
greater
than
one
year,
but
has
variable
rate
and/or
demand
features
which
qualify
it
as
a
short-term
investment.
The
rate
disclosed,
as
well
as
the
reference
rate
and
spread,
where
applicable,
is
that
in
effect
as
of
the
end
of
the
reporting
period.
This
rate
changes
periodically
based
on
market
conditions
or
a
specified
market
index.
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
AMT
Alternative
Minimum
Tax
14
Nuveen
Minnesota
Municipal
Bond
Fund
Portfolio
of
Investments
February
28,
2023
(Unaudited)
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
LONG-TERM
INVESTMENTS
-
95.7%   
X
512,228,240
MUNICIPAL
BONDS
-
95.7%  
X
512,228,240
Education
and
Civic
Organizations
-
16.8%
$
130
Baytown
Township,
Minnesota
Charter
School
Lease
Revenue
Bonds,
Saint
Croix
Preparatory
Academy,
Refunding
Series
2016A,
4.250%,
8/01/46
8/26
at
100.00
BB+
$
103,553
3,500
Brooklyn
Center,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Tesfa
International
dba
Twin
Lakes
STEM
Academy
Project,
Series
2021A,
5.250%,
6/15/56
6/29
at
100.00
N/R
2,498,125
City
of
Ham
Lake,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
DaVinci
Academy
Project,Series
2016A:
100
5.000%,
7/01/36
7/24
at
102.00
N/R
97,337
2,000
5.000%,
7/01/47
7/24
at
102.00
N/R
1,792,600
Deephaven,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Eagle
Ridge
Academy
Project,
Series
2015A:
675
5.250%,
7/01/37
7/25
at
100.00
BB+
676,262
500
5.500%,
7/01/50
7/25
at
100.00
BB+
500,170
1,025
Forest
Lake,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Lakes
International
Language
Academy,
Series
2014A,
5.750%,
8/01/44
3/23
at
102.00
BB+
1,028,106
1,000
Forest
Lake,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Lakes
International
Language
Academy,
Series
2019A,
5.375%,
8/01/50
8/27
at
102.00
BB+
960,490
100
Greenwood,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Main
Street
School
of
Performing
Arts
Project,
Series
2016A,
5.000%,
7/01/36
7/26
at
100.00
N/R
90,647
5,350
Ham
Lake,
Minnesota
Charter
School
Lease
Revenue
Bonds,
Parnassus
Preparatory
School
Project,
Series
2016A,
5.000%,
11/01/47
11/26
at
100.00
BB+
4,903,115
Hugo,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Noble
Academy
Project,
Series
2014A:
600
5.000%,
7/01/29
7/24
at
100.00
BB
600,030
1,000
5.000%,
7/01/34
7/24
at
100.00
BB
975,440
525
5.000%,
7/01/44
7/24
at
100.00
BB
481,136
4,150
Independence,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Beacon
Academy
Project,
Series
2016A,
5.000%,
7/01/46
7/26
at
100.00
N/R
3,580,827
1,415
Independence,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Paladin
Career
&
Technical
High
School
Project,
Series
2021A,
4.000%,
6/01/51
6/29
at
102.00
N/R
980,793
1,450
Minneapolis,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Hiawatha
Academies
Project,
Series
2022A,
5.375%,
7/01/42
7/32
at
100.00
N/R
1,353,271
Minneapolis,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Northeast
College
Prep
Project,
Series
2020A:
410
5.000%,
7/01/40
7/30
at
100.00
N/R
364,137
100
5.000%,
7/01/55
7/30
at
100.00
N/R
80,740
Minneapolis,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Yinghua
Academy
Project,
Series
2013A:
500
6.000%,
7/01/33
7/23
at
100.00
BB+
501,410
3,715
6.000%,
7/01/43
7/23
at
100.00
BB+
3,719,606
1,260
6.125%,
7/01/48
7/23
at
100.00
BB+
1,261,865
420
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Augsburg
College,
Series
2014-8-C,
3.500%,
5/01/23
3/23
at
100.00
Ba1
418,963
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Bethel
University,
Refunding
Series
2017:
2,345
5.000%,
5/01/37
5/27
at
100.00
BB+
2,221,653
4,700
5.000%,
5/01/47
5/27
at
100.00
BB+
4,125,707
1,000
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Carleton
College,
Refunding
Series
2017,
4.000%,
3/01/37
3/27
at
100.00
Aa2
1,006,830
500
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
College
of
Saint
Scholastica,
Inc.,
Refunding
Series
2019,
4.000%,
12/01/40
12/29
at
100.00
Baa2
435,430
15
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Education
and
Civic
Organizations
(continued)
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Macalester
College,
Refunidng
Series
2021:
$
140
4.000%,
3/01/33
3/31
at
100.00
Aa3
$
148,917
155
4.000%,
3/01/34
3/31
at
100.00
Aa3
163,358
125
4.000%,
3/01/35
3/31
at
100.00
Aa3
130,362
155
4.000%,
3/01/36
3/31
at
100.00
Aa3
159,450
100
4.000%,
3/01/37
3/31
at
100.00
Aa3
102,034
1,000
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Macalester
College,
Series
201528J,
3.250%,
3/01/30
3/25
at
100.00
Aa3
1,003,390
675
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
Catherine
University,
Refunding
Series
2018A,
5.000%,
10/01/45
10/28
at
100.00
Baa1
688,203
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
John's
University,
Series
2015-8I:
350
5.000%,
10/01/33
10/25
at
100.00
A2
363,906
385
5.000%,
10/01/34
10/25
at
100.00
A2
399,880
500
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
Olaf
College,
Series
2016-8-N,
4.000%,
10/01/35
10/26
at
100.00
A1
502,730
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
Saint
Olaf
College,
Series
2021:
1,000
3.000%,
10/01/38
10/30
at
100.00
A1
840,070
3,000
4.000%,
10/01/50
10/30
at
100.00
A1
2,759,820
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
University
of
Saint
Thomas,
Green
Series
2022A:
1,000
4.000%,
10/01/38
10/30
at
100.00
A2
980,560
575
4.125%,
10/01/41
10/30
at
100.00
A2
556,669
1,000
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
University
of
Saint
Thomas,
Series
2016-8L,
5.000%,
4/01/27
4/26
at
100.00
A2
1,050,230
100
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
University
of
Saint
Thomas,
Series
2017A,
4.000%,
10/01/36
10/27
at
100.00
A2
100,132
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
University
of
Saint
Thomas,
Series
2019:
1,000
5.000%,
10/01/34
10/29
at
100.00
A2
1,091,680
2,000
5.000%,
10/01/40
10/29
at
100.00
A2
2,093,960
Minnesota
Higher
Education
Facilities
Authority,
Revenue
Bonds,
University
of
Saint
Thomas,
Series
2022B:
500
4.000%,
10/01/40
10/30
at
100.00
A2
480,695
1,490
4.125%,
10/01/42
10/30
at
100.00
A2
1,436,747
500
4.125%,
10/01/42
10/30
at
100.00
A2
482,130
2,045
5.000%,
10/01/47
10/30
at
100.00
A2
2,131,667
715
Minnesota
Office
of
Higher
Education,
Supplemental
Student
Loan
Program
Revenue
Bonds,
2020
Senior
Series,
2.650%,
11/01/38,
(AMT)
11/27
at
100.00
AA
585,056
1,950
Moorhead,
Minnesota,
Educational
Facilities
Revenue
Bonds,
The
Concordia
College
Corporation
Project,
Series
2016,
5.000%,
12/01/40
12/25
at
100.00
Baa1
1,982,077
1,130
Otsego,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Kaleidoscope
Charter
School
Project,
Series
2014A,
5.000%,
9/01/44
9/24
at
100.00
BB-
999,474
155
Saint
Cloud,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Stride
Academy
Project,
Series
2016A,
5.000%,
4/01/46
4/26
at
100.00
N/R
114,116
1,600
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Community
of
Peace
Academy
Project,
Series
2019,
4.000%,
12/01/49
12/29
at
100.00
BBB-
1,271,120
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Great
River
School
Project,
Series
2017A:
240
5.500%,
7/01/38,
144A
7/27
at
100.00
N/R
241,814
685
5.500%,
7/01/52,
144A
7/27
at
100.00
N/R
673,191
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Hmong
College
Prep
Academy
Project,
Refunding
Series
2020A:
1,500
5.000%,
9/01/40
9/30
at
100.00
BB+
1,413,180
1,000
5.000%,
9/01/43
9/30
at
100.00
BB+
925,090
Nuveen
Minnesota
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
16
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Education
and
Civic
Organizations
(continued)
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Hmong
College
Prep
Academy
Project,
Series
2016A:
$
500
5.750%,
9/01/46
9/26
at
100.00
BB+
$
500,810
1,000
6.000%,
9/01/51
9/26
at
100.00
BB+
1,007,500
3,800
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Hope
Community
Academy
Project,
Series
2020A,
5.000%,
12/01/45
12/28
at
102.00
BB-
3,289,052
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Metro
Deaf
School
Project,
Series
2018A:
1,000
5.000%,
6/15/48,
144A
6/25
at
100.00
N/R
907,990
1,615
5.000%,
6/15/53,
144A
6/25
at
100.00
N/R
1,444,149
730
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Nova
Classical
Academy,
Refunding
Series
2021A,
4.000%,
9/01/31
9/24
at
102.00
BB+
688,171
2,000
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Nova
Classical
Academy,
Series
2016A,
4.125%,
9/01/47
9/24
at
102.00
BB+
1,591,300
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Twin
Cities
Academy
Project,
Series
2015A:
625
5.300%,
7/01/45
7/25
at
100.00
BB
586,837
1,030
5.375%,
7/01/50
7/25
at
100.00
BB
960,918
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Twin
Cities
German
Immersion
School
Project,
Series
2019:
1,230
5.000%,
7/01/49
7/27
at
102.00
BB
1,093,347
2,620
5.000%,
7/01/55
7/27
at
102.00
BB
2,270,990
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Twin
Cities
German
Immersion
School,
Series
2013A:
500
5.000%,
7/01/33
7/23
at
100.00
BB
500,480
1,450
5.000%,
7/01/44
7/23
at
100.00
BB
1,451,392
Savage,
Minnesota
Charter
School
Lease
Revenue
Bonds,
Aspen
Academy
Project,
Series
2016A:
2,035
5.000%,
10/01/41
10/26
at
100.00
N/R
1,829,852
380
5.125%,
10/01/48
10/26
at
100.00
N/R
333,632
1,500
Spring
Lake
Park,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Excell
Academy
for
Higher
Learning
Inc.,
Series
2019A,
5.000%,
6/15/49
6/27
at
100.00
N/R
1,350,165
500
St.
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Charter
School
Revenue
Bonds,
Higher
Ground
Academy
Charter
School,
Series
2018,
5.125%,
12/01/49
12/26
at
102.00
BB+
475,190
University
of
Minnesota,
General
Obligation
Bonds,
Series
2014B:
2,235
4.000%,
1/01/33
1/24
at
100.00
Aa1
2,248,544
2,000
4.000%,
1/01/34
1/24
at
100.00
Aa1
2,010,420
3,055
University
of
Minnesota,
General
Obligation
Bonds,
Series
2019A,
5.000%,
4/01/39
4/29
at
100.00
Aa1
3,318,983
20
Winona
Port
Authority,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Bluffview
Montessori
School
Project,
Refunding
Series
2016,
4.750%,
6/01/46
6/24
at
100.00
N/R
15,993
Woodbury,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Math
and
Science
Academy
Building
Company,
Refunding
Series
2020A:
390
4.000%,
12/01/40
12/25
at
102.50
BBB-
345,481
450
4.000%,
12/01/50
12/25
at
102.50
BBB-
374,198
660
Woodbury,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Woodbury
Leadership
Academy,
Series
2021A,
4.000%,
7/01/51
7/28
at
103.00
BB-
483,305
Total
Education
and
Civic
Organizations
89,708,650
17
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Health
Care
-
17.8%
Chippewa
County,
Minnesota,
Gross
Revenue
Hospital
Bonds,
Montevideo
Hospital
Project,
Refunding
Series
2016:
$
500
4.000%,
3/01/32
3/26
at
100.00
N/R
$
494,925
2,000
4.000%,
3/01/37
3/26
at
100.00
N/R
1,842,240
City
of
Plato,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Glencoe
Regional
Health
Services
Project,
Series
2017:
550
3.000%,
4/01/26
No
Opt.
Call
BBB
531,773
485
5.000%,
4/01/41
4/27
at
100.00
BBB
492,353
Duluth
Economic
Development
Authority,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Essentia
Health
Obligated
Group,
Series
2018A:
500
5.000%,
2/15/37
2/28
at
100.00
A-
517,130
795
4.250%,
2/15/43
2/28
at
100.00
A-
760,537
16,115
5.000%,
2/15/48
2/28
at
100.00
A-
16,363,493
1,000
5.250%,
2/15/53
2/28
at
100.00
A-
1,027,180
2,630
5.000%,
2/15/58
2/28
at
100.00
A-
2,656,458
2,590
5.250%,
2/15/58
2/28
at
100.00
A-
2,654,646
Duluth
Economic
Development
Authority,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Saint
Luke's
Hospital
of
Duluth
Obligated
Group,
Series
2021A:
400
4.000%,
6/15/34
6/31
at
100.00
BBB-
384,572
175
4.000%,
6/15/38
6/31
at
100.00
BBB-
156,950
175
4.000%,
6/15/39
6/31
at
100.00
BBB-
155,043
570
3.000%,
6/15/44
6/31
at
100.00
BBB-
390,792
450
Duluth
Economic
Development
Authority,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Saint
Luke's
Hospital
of
Duluth
Obligated
Group,
Series
2022A,  Forward
Delivery,
4.000%,
6/15/38
6/32
at
100.00
BBB-
403,587
1,250
Duluth
Economic
Development
Authority,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Saint
Luke's
Hospital
of
Duluth
Obligated
Group,
Series
2022B,
5.250%,
6/15/47
6/32
at
100.00
BBB-
1,265,712
Glencoe,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Glencoe
Regional
Health
Services
Project,
Series
2013:
500
4.000%,
4/01/27
3/23
at
100.00
BBB
492,055
760
4.000%,
4/01/31
3/23
at
100.00
BBB
746,632
1,120
Maple
Grove,
Minnesota,
Health
Care
Facilities
Revenue
Refunding
Bonds,
North
Memorial
Health
Care,
Series
2015,
4.000%,
9/01/35
9/25
at
100.00
Baa1
1,059,587
Maple
Grove,
Minnesota,
Health
Care
Facility
Revenue
Bonds,
North
Memorial
Health
Care,
Series
2017:
425
5.000%,
5/01/31
5/27
at
100.00
Baa1
444,435
430
5.000%,
5/01/32
5/27
at
100.00
Baa1
447,678
Minneapolis,
Minnesota,
Health
Care
System
Revenue
Bonds,
Allina
Health
System,
Series
2021:
2,725
4.000%,
11/15/37
11/31
at
100.00
AA-
2,682,245
10,360
4.000%,
11/15/39
11/31
at
100.00
AA-
10,083,699
1,000
4.000%,
11/15/40
11/31
at
100.00
AA-
966,000
Minneapolis,
Minnesota,
Health
Care
System
Revenue
Bonds,
Fairview
Health
Services,
Series
2015A:
525
5.000%,
11/15/26
11/25
at
100.00
BBB+
544,042
485
4.000%,
11/15/40
11/25
at
100.00
BBB+
449,493
Minneapolis,
Minnesota,
Health
Care
System
Revenue
Bonds,
Fairview
Health
Services,
Series
2018A:
1,000
5.000%,
11/15/36
11/28
at
100.00
BBB+
1,046,320
3,965
4.000%,
11/15/48
11/28
at
100.00
BBB+
3,485,116
2,500
5.000%,
11/15/49
11/28
at
100.00
BBB+
2,538,000
2,400
Rochester,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Mayo
Clinic,
Refunding
Series
2016B,
5.000%,
11/15/33
No
Opt.
Call
AA
2,849,688
5,500
Rochester,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Mayo
Clinic,
Series
2022,
5.000%,
11/15/57
11/32
at
100.00
AA
5,906,835
675
Saint
Cloud,
Minnesota,
Health
Care
Revenue
Bonds,
CentraCare
Health
System,
Series
2016A,
5.000%,
5/01/46
5/26
at
100.00
AA-
686,921
Nuveen
Minnesota
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
18
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Health
Care
(continued)
$
6,885
Saint
Cloud,
Minnesota,
Health
Care
Revenue
Bonds,
CentraCare
Health
System,
Series
2019,
5.000%,
5/01/48
5/29
at
100.00
AA-
$
7,028,208
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Health
Care
Facility
Revenue
Bonds,
HealthPartners
Obligated
Group,
Refunding
Series
2015A:
4,200
5.000%,
7/01/29
7/25
at
100.00
A
4,344,900
4,110
5.000%,
7/01/30
7/25
at
100.00
A
4,253,932
4,075
4.000%,
7/01/35
7/25
at
100.00
A
4,078,464
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Health
Care
Revenue
Bonds,
Fairview
Health
Services,
Series
2017A:
2,135
5.000%,
11/15/27
No
Opt.
Call
BBB+
2,270,359
755
4.000%,
11/15/36
11/27
at
100.00
BBB+
735,491
640
4.000%,
11/15/37
11/27
at
100.00
BBB+
614,937
2,830
4.000%,
11/15/43
11/27
at
100.00
BBB+
2,551,528
1,310
Saint
Paul
Port
Authority,
Minnesota,
Lease
Revenue
Bonds,
Regions
Hospital
Parking
Ramp
Project,
Series
2007-1,
5.000%,
8/01/36
3/23
at
100.00
N/R
1,310,249
Shakopee,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Saint
Francis
Regional
Medical
Center,
Refunding
Series
2014:
1,980
4.000%,
9/01/31
9/24
at
100.00
A
1,981,208
1,410
5.000%,
9/01/34
9/24
at
100.00
A
1,425,552
Total
Health
Care
95,120,965
Housing/Multifamily
-
0.5%
2,500
Rochester,
Minnesota,
Multifamily
Housing
Revenue
Bonds,
Essex
Place
Apartments
Project,
Series
2012A,
3.750%,
6/01/29
3/23
at
100.00
Aaa
2,500,025
Total
Housing/Multifamily
2,500,025
Housing/Single
Family
-
0.8%
15
Minneapolis-Saint
Paul
Housing
Finance
Board,
Minnesota,
Single
Family
Mortgage
Revenue
Bonds,
City
Living
Home
Program,
Market
Series
2011B,
4.100%,
12/01/29
3/23
at
100.00
AA+
14,190
40
Minneapolis-Saint
Paul
Housing
Finance
Board,
Minnesota,
Single
Family
Mortgage
Revenue
Bonds,
City
Living
Series
2007A-2,
5.520%,
3/01/41,
(AMT)
3/23
at
100.00
AA+
39,985
365
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2016A,
3.200%,
1/01/33,
(AMT)
7/25
at
100.00
AA+
355,510
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020A:
460
1.550%,
7/01/25,
(AMT)
No
Opt.
Call
AA+
436,623
370
1.700%,
7/01/26,
(AMT)
No
Opt.
Call
AA+
345,731
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020D:
220
1.625%,
1/01/26,
(AMT)
No
Opt.
Call
AA+
206,070
205
1.650%,
7/01/26,
(AMT)
No
Opt.
Call
AA+
190,385
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020H:
460
1.100%,
7/01/26,
(AMT)
No
Opt.
Call
AA+
421,277
460
1.350%,
7/01/27,
(AMT)
No
Opt.
Call
AA+
416,783
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2021A:
380
1.550%,
1/01/28,
(AMT)
No
Opt.
Call
AA+
341,449
390
1.600%,
7/01/28,
(AMT)
No
Opt.
Call
AA+
348,336
485
1.750%,
1/01/29,
(AMT)
No
Opt.
Call
AA+
432,237
485
1.800%,
7/01/29,
(AMT)
No
Opt.
Call
AA+
430,001
245
1.900%,
1/01/30,
(AMT)
No
Opt.
Call
AA+
216,183
240
1.950%,
7/01/30,
(AMT)
No
Opt.
Call
AA+
210,807
Total
Housing/Single
Family
4,405,567
19
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Industrials
-
0.4%
$
2,250
Saint
Paul
Port
Authority,
Minnesota,
Solid
Waste
Disposal
Revenue
Bonds,
Gerdau
Saint
Paul
Steel
Mill
Project,
Series
2012-7,
4.500%,
10/01/37,
(AMT),
144A
3/23
at
100.00
BBB
$
2,081,610
Total
Industrials
2,081,610
Long-Term
Care
-
8.2%
2,090
Anoka,
Minnesota,
Health
Care
and
Housing
Facility
Revenue
Bonds,
The
Homestead
at
Anoka,
Inc.
Project,
Series
2014,
5.125%,
11/01/49
11/24
at
100.00
N/R
1,746,404
840
Apple
Valley,
Minnesota
Senior
Housing
Revenue
Bonds,
PHS
Apple
Valley
Senior
Housing,
Inc.
Orchard
Path
Phase
II
Project,
Series
2021,
4.000%,
9/01/51
9/28
at
102.00
N/R
651,706
1,000
Apple
Valley,
Minnesota,
Senior
Housing
Revenue
Bonds,
PHS
Apple
Valley
Senior
Housing,
Inc.
Orchard
Path
Project,
Refunding
Series
2018,
5.000%,
9/01/43
9/23
at
102.00
N/R
971,280
Center
City,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Hazelden
Betty
Ford
Foundation
Project,
Series
2014:
375
4.000%,
11/01/39
11/24
at
100.00
Baa1
343,253
500
5.000%,
11/01/44
11/24
at
100.00
Baa1
502,500
Chatfield,
Minnesota,
Healthcare
and
Housing
Facilities
Revenue
Bonds,
Chosen
Valley
Care
Center
Project,
Refunding
Series
2019:
500
5.000%,
9/01/44
9/26
at
102.00
N/R
414,790
1,500
5.000%,
9/01/52
9/26
at
102.00
N/R
1,180,245
1,500
Chisago
City,
Minnesota,
Housing
and
Health
Care
Revenue
Bonds,
CDL
Homes,
LLC
Project,
Series
2013B,
6.000%,
8/01/43
8/23
at
100.00
N/R
1,500,480
1,500
City
of
West
Saint
Paul,
Minnesota
Housing
and
Health
Care
Facilities
Revenue
Refunding
Bonds,
Walker
Westwood
Ridge
Campus
Project,
Series
2017,
5.000%,
11/01/49
11/25
at
100.00
N/R
1,351,140
Cloquet,
Minnesota,
Housing
Facilities
Revenue
Bonds,
HADC
Cloquet
LLC
Project,
Refunding
Series
2021:
250
3.400%,
8/01/36
8/28
at
102.00
N/R
190,483
700
4.000%,
8/01/41
8/28
at
102.00
N/R
525,336
200
4.000%,
8/01/48
8/28
at
102.00
N/R
138,016
1,180
Cold
Spring,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Assumption
Home,
Inc.,
Refunding
Series
2013,
5.200%,
3/01/43
3/23
at
100.00
N/R
958,656
Columbus,
Minnesota,
Senior
Housing
Revenue
Bonds,
Richfield
Senior
Housing,
Inc.,
Refunding
Series
2015:
575
5.250%,
1/01/40
3/23
at
100.00
N/R
473,380
1,175
5.250%,
1/01/46
3/23
at
100.00
N/R
929,860
1,195
Dakota
County
Community
Development
Agency,
Minnesota,
Senior
Housing
Revenue
Bonds,
Walker
Highview
Hills
LLC
Project,
Refunding
Series
2016A,
5.000%,
8/01/46,
144A
3/23
at
100.00
N/R
1,081,822
500
Dennison,
Minnesota,
Senior
Housing
Revenue
Bonds,
Villages
of
Lonsdale,
LLC
Project,
Series
2019,
4.600%,
5/01/44
5/24
at
101.00
N/R
383,485
1,185
Lake
Crystal,
Minnesota,
Housing
and
Health
Care
Revenue
Bonds,
Ecumen
Second
Century
&
Owatonna
Senior
Living
Project,
Refunding
Series
2014A,
4.500%,
9/01/44,
(Mandatory
Put
9/01/24)
3/23
at
100.00
N/R
1,156,607
Maple
Plain,
Minnesota
Senior
Housing
and
Healthcare
Revenue
Bonds,
Haven
Homes,
Inc.
Project,
Series
2019:
400
4.100%,
7/01/34
7/25
at
102.00
N/R
339,016
1,000
5.000%,
7/01/49
7/25
at
102.00
N/R
837,220
1,250
5.000%,
7/01/54
7/25
at
102.00
N/R
1,018,737
200
Mapleton,
Minnesota,
Healthcare
Facility
Revenue
Bonds,
Mapleton
Community
Home,
Refunding
Series
2019,
4.000%,
5/01/39
5/24
at
101.00
N/R
155,296
1,500
Minneapolis,
Minnesota,
Senior
Housing
and
Healthcare
Revenue
Bonds,
Ecumen
Abiitan
Mill
City
Project,  Series
2015,
5.250%,
11/01/45
5/23
at
100.00
N/R
1,339,335
300
Morris,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Farmington
Health
Services
Project,
Refunding
Series
2019,
3.400%,
8/01/28
8/24
at
101.00
N/R
266,940
2,000
North
Oaks,
Minnesota,
Senior
Housing
Revenue
Bonds,
Waverly
Gardens
Project,
Refunding
Series
2016,
5.000%,
10/01/47
10/24
at
102.00
N/R
1,952,900
Nuveen
Minnesota
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
20
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Long-Term
Care
(continued)
$
1,055
Owatonna,
Minnesota,
Housing
and
Health
Care
Revenue
Bonds,
Ecumen
Second
Century
&
Owatonna
Senior
Living
Project,
Refunding
Series
2014B,
4.500%,
9/01/44,
(Mandatory
Put
9/01/24)
3/23
at
100.00
N/R
$
1,025,787
1,285
Saint
Joseph,
Minnesota,
Senior
Housing
and
Healthcare
Revenue
Bonds,
Woodcrest
of
Country
Manor
Project,
Series
2019
A,
5.000%,
7/01/55
7/24
at
102.00
N/R
1,030,184
2,700
Saint
Louis
Park,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Mount
Olivet
Careview
Home
Project,
Series
2016B,
4.900%,
6/01/49
6/26
at
100.00
N/R
2,190,942
50
Saint
Louis
Park,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Mount
Olivet
Careview
Home
Project,
Series
2016C,
3.150%,
6/01/28
3/23
at
100.00
N/R
44,704
1,000
Saint
Paul
Housing
&
Redevelopment
Authority,
Minnesota,
Revenue
Bonds,
Rossy
&
Richard
Shaller
Family
Sholom
East
Campus,
Series
2018,
5.000%,
10/01/43
10/23
at
100.00
N/R
825,130
4,000
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota
Senior
Housing
and
Health
Care
Revenue
Bonds,
Carondelet
Village
Project,
Series
2016A,
5.000%,
12/01/41
12/24
at
102.00
N/R
3,909,080
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Revenue
Bonds,
Amherst
H.
Wilder
Foundation
Project,
Refunding
Series
2020A:
1,175
5.000%,
12/01/29
No
Opt.
Call
Baa2
1,201,908
300
5.000%,
12/01/30
No
Opt.
Call
Baa2
306,351
1,750
5.000%,
12/01/36
12/30
at
100.00
Baa2
1,754,322
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Senior
Housing
and
Health
Care
Revenue
Bonds,
Episcopal
Church
Homes
Project,
Refunding
Senior
Series
2021A:
450
4.000%,
11/01/34,
144A
11/26
at
102.00
N/R
394,546
1,015
4.000%,
11/01/42,
144A
11/26
at
102.00
N/R
797,242
Saint
Paul
Park,
Minnesota,
Senior
Housing
and
Health
Care
Revenue
Bonds,
Presbyterian
Homes
Bloomington
Project,
Refunding
Series
2017:
400
4.000%,
9/01/32
9/24
at
100.00
N/R
383,184
500
4.100%,
9/01/33
9/24
at
100.00
N/R
480,575
315
4.200%,
9/01/36
9/24
at
100.00
N/R
294,594
300
4.250%,
9/01/37
9/24
at
100.00
N/R
278,160
1,000
5.000%,
9/01/42
9/24
at
100.00
N/R
964,980
600
Sartell,
Minnesota,
Health
Care
and
Housing
Facilities
Revenue
Bonds,
Country
Manor
Campus
LLC
Project,
Series
2022A,
5.000%,
9/01/35
9/27
at
100.00
N/R
544,812
2,390
Sauk
Rapids,
Minnesota,
Health
Care
and
Housing
Facilities
Revenue
Bonds,
Good
Shepherd
Luthran
Home,
Refunding
Series
2013,
5.125%,
1/01/39
3/23
at
100.00
N/R
2,034,177
Wayzata,
Minnesota
Senior
Housing
Revenue
Bonds,
Folkestone
Senior
Living
Community,
Refunding
Series
2019:
650
5.000%,
8/01/49
8/24
at
102.00
N/R
596,511
5,000
5.000%,
8/01/54
8/24
at
102.00
N/R
4,524,450
Total
Long-Term
Care
43,990,526
Tax
Obligation/General
-
21.3%
1,410
Alexandria
Independent
School
District
206,
Douglas
County,
Minnesota,
General
Obligation
Bonds,
Refunding
School
Building
Series
2017A,
5.000%,
2/01/30
2/28
at
100.00
Aa1
1,562,731
1,355
Anoka-Hennepin
Independent
School
District
11,
Coon
Rapids,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2020A,
3.000%,
2/01/43
2/28
at
100.00
AAA
1,130,653
2,105
Bemidji,
Minnesota,
General
Obligation
Bonds,
Refunding
Sales
Tax
Series
2017A,
4.000%,
2/01/29
-
AGM
Insured
2/28
at
100.00
AA
2,201,830
Brainerd
Independent
School
District
181,
Crow
Wing
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2018A:
2,225
4.000%,
2/01/42
2/27
at
100.00
AAA
2,249,141
3,600
4.000%,
2/01/43
2/27
at
100.00
AAA
3,634,488
21
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/General
(continued)
Brooklyn
Center
Independent
School
District
286,
Minnesota,
General
Obligation
Bonds,
Series
2018A:
$
1,090
4.000%,
2/01/36
2/27
at
100.00
Aa1
$
1,111,124
1,880
4.000%,
2/01/38
2/27
at
100.00
Aa1
1,887,934
2,715
4.000%,
2/01/41
2/27
at
100.00
Aa1
2,684,782
2,260
4.000%,
2/01/42
2/27
at
100.00
Aa1
2,218,664
2,095
Carlton
County,
Minnesota,
General
Obligation
Bonds,
Minnesota
State
Credit
Enhancement
Program
Series
2022A,
4.000%,
2/01/47
2/32
at
100.00
Aa1
2,079,811
1,160
Chisago
Lakes,
Minnesota,
Independent
School
District
2144,
General
Obligation
Bonds,
School
Building
Series
2017A,
3.000%,
2/01/32
2/27
at
100.00
AAA
1,147,913
Cloquet
Independent
School
District
94,
Carlton
and
Sant
Louis
Counties,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2015B:
1,000
5.000%,
2/01/27
2/25
at
100.00
Aa1
1,030,870
1,000
4.000%,
2/01/36
2/25
at
100.00
Aa1
1,009,420
Dawson-Boyd
Independent
School
District
378,
Yellow
Medicine
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2019A:
1,145
4.000%,
2/01/31
2/28
at
100.00
AAA
1,209,372
1,145
4.000%,
2/01/32
2/28
at
100.00
AAA
1,208,467
500
Dilworth-Glyndon-Felton
Independent
School
District
2164,
Clay
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2020A,
3.000%,
2/01/35
2/26
at
100.00
AAA
476,440
Dover-Eyota
Independent
School
District
533,
Minnesota,
General
Obligation
Bonds,
School
Building  
Facilities
Maintenance
Series
2023A:
1,225
4.000%,
2/01/44
2/31
at
100.00
AAA
1,204,371
500
4.000%,
2/01/45
2/31
at
100.00
AAA
488,710
Duluth
Independent
School
District
709,
Saint
Louis
County,
Minnesota,
General
Obligation
Bonds,
Capital
Appreciation
Series
2021C:
1,325
0.000%,
2/01/31
2/28
at
94.48
Aa1
983,031
1,480
0.000%,
2/01/32
2/28
at
92.24
Aa1
1,051,229
535
0.000%,
2/01/33
2/28
at
89.86
Aa1
363,351
1,500
Eden
Prairie
Independent
School
District
272,
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2019B,
4.000%,
2/01/31
2/28
at
100.00
Aa1
1,582,380
1,250
Eveleth-Gilbert
Public
Schools
Independent
School
District
2154,
Saint
Louis
County,
Minnesota,
General
Obligation
Bonds,
Series
2019A,
5.000%,
2/01/30
2/28
at
100.00
AAA
1,389,050
3,000
Farmington
Independent
School
District
192,
Dakota
County,
Minnesota,
General
Obligation
Bonds,
Refunding
Series
2023A,
5.000%,
2/01/25
(WI/DD,
Settling
3/09/23)
No
Opt.
Call
Aa1
3,109,609
480
Fridley,
Minnesota,
General
Obligation
Bonds,
Capital
Improvement
Plan,
Series
2017,
3.250%,
2/01/34
2/26
at
100.00
Aa2
467,045
700
Greenway
Independent
School
District
316,
Itasca
County,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2019F,
0.000%,
2/01/30
2/26
at
90.86
AAA
559,951
4,855
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
Series
2020A,
5.000%,
12/01/36
12/30
at
100.00
AAA
5,516,397
5,000
Independent
School
District
621,
Mounds
View,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2018A,
4.000%,
2/01/42
2/27
at
100.00
AAA
5,030,650
1,935
Independent
School
District
No.
115,
Cass
Lake-Bena
Public
Schools,
Minnesota,
Cass
Beltrami
and
Hubbard
Counties,
General
Obligation
School
Building
Bonds,
Series
2023A,
5.000%,
2/01/37
2/31
at
100.00
Aa1
2,169,387
1,145
Independent
School
District
No.
2397
(Le
Sueur-Henderson),
Minnesota,
General
Obligation
School
Building
Bonds,
Series
2022A,
5.000%,
2/01/36
2/31
at
100.00
AAA
1,300,342
3,000
Independent
School
District
No.
319,
Nashwauk-Keewatin,
Minnesota,
General
Obligation
School
Building
Bonds,
Series
2022A,
4.000%,
2/01/48
2/31
at
100.00
AAA
2,982,480
Nuveen
Minnesota
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
22
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/General
(continued)
$
500
La
Crescent-Hokah
Independent
School
District
300,
Houston
and
Winona
Counties,
Minnesota,
General
Obligation
Bonds,
School
Building
&
Maintenance
Series
2019A,
4.000%,
2/01/30
2/27
at
100.00
Aa1
$
523,920
160
Lake
Crystal,
Minnesota,
General
Obligation
Bonds,
Series
2019A,
3.000%,
12/15/29
12/27
at
100.00
AA
160,928
Madison,
Minnesota,
General
Obligation
Bonds,
Refunding
Series
2015A:
660
3.600%,
1/01/35
-
AGM
Insured
3/23
at
100.00
AA
659,974
500
4.000%,
1/01/45
-
AGM
Insured
3/23
at
100.00
AA
500,065
1,315
Maple
River
Independent
School
District
2135,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2020A,
4.000%,
2/01/38
2/30
at
100.00
AAA
1,351,728
1,430
Minneapolis
Special
School
District
1,
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2022A,
5.000%,
2/01/43
2/32
at
100.00
AAA
1,584,469
2,195
Minneapolis,
Minnesota,
General
Obligation
Bonds,
Improvement
&
Various
Purpose
Series
2018,
4.000%,
12/01/35
12/26
at
100.00
AAA
2,254,748
1,500
Minnesota
State,
General
Obligation
Bonds,
Various
Purpose
Series
2018A,
5.000%,
8/01/37
8/28
at
100.00
AAA
1,639,035
155
Minnesota
State,
General
Obligation
Bonds,
Various
Purpose
Series
2019A,
5.000%,
8/01/36
8/29
at
100.00
AAA
172,476
5,000
Minnesota
State,
General
Obligation
Bonds,
Various
Purpose
Series
2021A,
4.000%,
9/01/33
9/31
at
100.00
AAA
5,461,600
1,000
Minnetonka
Independent
School
District
276,
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
Refunding
Alternative
Facilities
Series
2018E,
5.000%,
2/01/35
2/25
at
100.00
Aaa
1,026,940
Montgomery
Independent
School
District
2905,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2018A:
250
4.000%,
2/01/32
2/25
at
100.00
Aa1
253,537
500
4.000%,
2/01/36
2/25
at
100.00
Aa1
507,075
Moorhead
Independent
School
District
152,
Clay
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2020A:
1,685
3.000%,
2/01/43
2/28
at
100.00
Aa1
1,347,040
1,100
3.000%,
2/01/44
2/28
at
100.00
Aa1
871,134
2,000
North
Saint
Paul-Maplewood-Oakdale
Independent
School
District
622,
Ramsey
County,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2018A,
3.375%,
2/01/35
2/27
at
100.00
Aa1
1,931,740
530
Pillager
Independent
School
District
116,
Cass
and
Morrison
Counties,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2019A,
3.000%,
2/01/33
2/28
at
100.00
AAA
512,070
1,265
Pipestone-Jasper
Independent
School
District
2689,
Minnesota,
General
Obligation
Bonds,
Series
2019A,
5.000%,
2/01/30
2/29
at
100.00
AAA
1,426,338
1,795
Red
Lake
County,
Minnesota,
General
Obligation
School
Building
Bonds,
Independent
School
District
No.
2906,
Series
2022A,
4.000%,
2/01/38
2/33
at
100.00
Aa1
1,848,240
4,000
Richfield
Independent
School
District
280,
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
School
Buildings
Series
2018A,
4.000%,
2/01/40
2/27
at
100.00
AAA
4,013,480
1,250
Robbinsdale
Independent
School
District
281,
Hennepin
County,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2018A,
3.000%,
2/01/30
8/26
at
100.00
Aa1
1,250,312
4,000
Roseville
Independent
School
District
623,
Ramsey
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2018A,
4.000%,
2/01/34
2/27
at
100.00
Aa1
4,134,880
1,700
Russell-Tyler-Ruthton
Public
Schools
Independent
School
District
2902,
Minnesota,
General
Obligation
Bonds,
Series
2019A,
4.000%,
2/01/31
2/29
at
100.00
AAA
1,813,492
800
Saint
Cloud
Independent
School
District
742,
Stearns
County,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2022B,
4.000%,
2/01/43
2/30
at
100.00
Aa1
800,272
1,000
Saint
James
Independent
School
District
840,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2015B,
4.000%,
2/01/45
2/26
at
100.00
AAA
1,006,050
23
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/General
(continued)
Saint
Michael
Independent
School
District
885,
Wright
County,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2017A:
$
1,340
4.000%,
2/01/28
2/26
at
100.00
Aa1
$
1,375,255
1,400
4.000%,
2/01/30
2/26
at
100.00
Aa1
1,442,574
1,885
3.200%,
2/01/32
2/26
at
100.00
Aa1
1,889,543
Sartell,
Minnesota,
General
Obligation
Bonds,
Series
2022A:
1,840
4.000%,
2/01/41
2/30
at
100.00
AA
1,776,391
1,180
4.000%,
2/01/43
2/30
at
100.00
AA
1,139,007
Shakopee
Independent
School
District
720,
Scott
County,
Minnesota,
General
Obligation
Bonds,
Capital
Facilities
Series
2020A:
250
4.000%,
2/01/33
2/27
at
100.00
Aa1
259,640
425
4.000%,
2/01/34
2/27
at
100.00
Aa1
441,379
2,500
Sibley
East
Independent
School
District
2310,
Sibley,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2015A,
4.000%,
2/01/40
2/25
at
100.00
Aa1
2,502,950
South
Washington
County
Independent
School
District
833,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2018A:
1,330
4.000%,
2/01/31
2/27
at
100.00
Aa1
1,371,509
670
4.000%,
2/01/33
2/27
at
100.00
Aa1
688,090
South
Washington
County
Independent
School
District
833,
Minnesota,
General
Obligation
Bonds,
Facilities
Maintenance
Series
2022A:
1,000
4.000%,
2/01/34
2/30
at
100.00
Aa1
1,046,190
2,030
4.000%,
2/01/35
2/30
at
100.00
Aa1
2,109,556
1,000
South
Washington
County
Independent
School
District
833,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2016A,
4.000%,
2/01/29
2/26
at
100.00
Aa1
1,026,670
2,500
Waconia
Independent
School
District,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2015B,
3.000%,
2/01/28
2/25
at
100.00
Aa1
2,500,975
1,315
Waseca
Independent
School
District
829,
Steele,
Rice,
and
Waseca
Counties,
Minnesota,
General
Obligation
Bonds,
School
Buidling
Series
2015A,
4.000%,
2/01/27
2/26
at
100.00
Aa1
1,347,862
1,685
Watertown-Mayer
Independent
School
District
111,
Carver,
Hennepin
and
Wright
Counties,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2020A,
0.000%,
2/01/32
2/28
at
92.57
AAA
1,214,767
Total
Tax
Obligation/General
114,225,524
Tax
Obligation/Limited
-
9.8%
405
Alexandria
Independent
School
District
206,
Douglas
County,
Minnesota,
General
Obligation
Bonds,
Series
2021A,
3.000%,
2/01/32
2/29
at
100.00
A2
386,556
750
Duluth
Independent
School
District
709,
Minnesota,
Certificates
of
Participation,
Refunding
Full
Term
Series
2019B,
5.000%,
2/01/25
No
Opt.
Call
Aa1
773,010
325
Elbow
Lake
Economic
Development
Authority,
Minnesota,
Lease
Revenue
Bonds,
Grant
County
Public
Project,
Series
2017A,
4.200%,
12/15/43
12/27
at
100.00
N/R
283,231
135
Minneapolis,
Minnesota,
Tax
Increment
Revenue
Bonds,
Grant
Park
Project,
Refunding
Series
2015,
4.000%,
3/01/30
3/23
at
100.00
N/R
129,920
425
Minneapolis,
Minnesota,
Tax
Increment
Revenue
Bonds,
Village
at
St.
Anthony
Falls
Project,
Refunding
Series
2015,
4.000%,
3/01/27
3/23
at
100.00
N/R
418,774
1,090
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2015C,
3.250%,
8/01/30
8/24
at
100.00
AA+
1,092,343
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2017A:
200
4.000%,
8/01/30
8/27
at
100.00
AA+
210,034
475
4.000%,
8/01/34
8/27
at
100.00
AA+
492,580
325
4.000%,
8/01/35
8/27
at
100.00
AA+
335,348
1,125
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2018D,
4.000%,
8/01/38
8/28
at
100.00
AA+
1,127,104
Nuveen
Minnesota
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
24
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/Limited
(continued)
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2021B:
$
500
3.000%,
8/01/38
8/31
at
100.00
AA+
$
443,375
500
3.000%,
8/01/39
8/31
at
100.00
AA+
434,545
500
3.000%,
8/01/40
8/31
at
100.00
AA+
422,235
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2021C:
2,810
4.000%,
8/01/35
8/31
at
100.00
AA+
2,913,239
2,925
4.000%,
8/01/36
8/31
at
100.00
AA+
2,994,089
3,045
4.000%,
8/01/37
8/31
at
100.00
AA+
3,087,295
3,165
4.000%,
8/01/38
8/31
at
100.00
AA+
3,178,261
1,000
4.000%,
8/01/43
8/31
at
100.00
AA+
958,990
1,780
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2022A,
5.000%,
8/01/40
8/32
at
100.00
AA+
1,940,983
1,905
Minnesota
Housing
Finance
Agency,
Housing
Infrastructure
State
Appropriation
Bonds,
Series
2022C,
5.000%,
8/01/41
8/32
at
100.00
AA+
2,076,983
Northeast
Metropolitan
Intermediate
School
District
916,
White
Bear
Lake,
Minnesota,
Certificates
of
Particpation,
Series
2015A:
1,470
3.625%,
2/01/34
2/25
at
100.00
A1
1,471,970
580
3.750%,
2/01/36
2/25
at
100.00
A1
575,621
4,600
Northeast
Metropolitan
Intermediate
School
District
916,
White
Bear
Lake,
Minnesota,
Certificates
of
Particpation,
Series
2015B,
4.000%,
2/01/42
2/25
at
100.00
A1
4,422,256
1,000
Plymouth
Intermediate
District
287,
Minnesota,
Certificates
of
Participation,
Refunding
Series
2017A,
4.000%,
2/01/36
2/27
at
100.00
A1
1,010,700
Plymouth
Intermediate
District
287,
Minnesota,
Facilities
Maintence
Bonds,
Series
2017B:
175
4.000%,
5/01/29
5/27
at
100.00
Aa3
182,413
200
4.000%,
5/01/32
5/27
at
100.00
Aa3
207,616
100
4.000%,
5/01/33
5/27
at
100.00
Aa3
103,669
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
2018A-1:
4,500
4.500%,
7/01/34
7/25
at
100.00
N/R
4,461,930
4,077
5.000%,
7/01/58
7/28
at
100.00
N/R
3,782,641
2,049
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Taxable
Restructured
Cofina
Project
Series
2019A-2,
4.329%,
7/01/40
7/28
at
100.00
N/R
1,861,926
1,155
Roseville
Independent
School
District
623,
Ramsey
County,
Minnesota,
Certificates
of
Participation,
Series
2021A,
5.000%,
4/01/29
No
Opt.
Call
Baa1
1,246,603
Saint
Cloud
Independent
School
District
742,
Stearns
County,
Minnesota,
Certificates
of
Participation,
Saint
Cloud
Area
Public
Schools,
Series
2017A:
355
5.000%,
2/01/32
2/25
at
100.00
A1
365,426
520
5.000%,
2/01/34
2/25
at
100.00
A1
535,174
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Multifamily
Housing
Revenue
Bonds,
2700
University
at
Westgate
Station,
Series
2015B:
160
4.250%,
4/01/25
4/23
at
100.00
N/R
158,022
430
4.875%,
4/01/30
4/23
at
100.00
N/R
429,987
1,665
5.250%,
4/01/43
4/23
at
100.00
N/R
1,604,894
2,670
Saint
Paul
Independent
School
District
625,
Ramsey
County,
Minnesota,
Certificates
of
Participation,
Series
2018B,
3.375%,
2/01/35
2/27
at
100.00
AAA
2,597,216
Saint
Paul
Independent
School
District
625,
Ramsey
County,
Minnesota,
Certificates
of
Participation,
Series
2019B:
1,005
4.000%,
2/01/36
2/29
at
100.00
AAA
1,039,391
1,000
4.000%,
2/01/37
2/29
at
100.00
AAA
1,023,720
Zumbro
Education
District
6012,
Minnesota,
Certificates
of
Participation
Series
2021A:
280
4.000%,
2/01/32
2/31
at
100.00
Baa1
279,686
250
4.000%,
2/01/34
2/31
at
100.00
Baa1
249,373
425
4.000%,
2/01/38
2/31
at
100.00
Baa1
397,222
700
4.000%,
2/01/41
2/31
at
100.00
Baa1
638,127
Total
Tax
Obligation/Limited
52,344,478
25
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Transportation
-
8.8%
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2014A:
$
2,000
5.000%,
1/01/31
1/24
at
100.00
A+
$
2,028,040
1,175
5.000%,
1/01/32
1/24
at
100.00
A+
1,191,333
750
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2014B,
5.000%,
1/01/26,
(AMT)
1/24
at
100.00
A+
755,880
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2019A:
30
5.000%,
1/01/31
7/29
at
100.00
A+
33,493
1,000
5.000%,
1/01/33
7/29
at
100.00
A+
1,109,650
70
5.000%,
1/01/37
7/29
at
100.00
A+
75,447
1,530
5.000%,
1/01/49
7/29
at
100.00
A+
1,585,998
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2019B:
2,710
5.000%,
1/01/32,
(AMT)
7/29
at
100.00
A+
2,911,326
2,300
5.000%,
1/01/38,
(AMT)
7/29
at
100.00
A+
2,403,730
2,920
5.000%,
1/01/44,
(AMT)
7/29
at
100.00
A+
2,999,366
11,150
5.000%,
1/01/49,
(AMT)
7/29
at
100.00
A+
11,360,177
7,080
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Senior
Lien
Series
2016C,
5.000%,
1/01/41
1/27
at
100.00
AA-
7,357,465
475
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Subordinate
Lien
Series
2016D,
5.000%,
1/01/34,
(AMT)
1/27
at
100.00
A+
494,199
2,000
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Subordinate
Lien
Series
2022A,
5.000%,
1/01/52
1/32
at
100.00
A+
2,093,760
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Subordinate
Lien
Series
2022B:
2,510
5.000%,
1/01/40,
(AMT)
1/32
at
100.00
A+
2,634,923
7,700
5.000%,
1/01/47,
(AMT)
1/32
at
100.00
A+
7,911,134
Total
Transportation
46,945,921
U.S.
Guaranteed
-
1.5%
(4)
1,135
Deephaven,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Eagle
Ridge
Academy
PRoject,
Series
2013A,
5.500%,
7/01/43,
(Pre-refunded
7/01/23)
7/23
at
100.00
N/R
1,143,456
2,000
Mankato
Independent
School
District
77,
Nicollet
and
Le
Sueur
Counties,
Minnesota,
General
Obligation
Bonds,
School
Building
Series
2014A,
4.000%,
2/01/28,
(Pre-refunded
2/01/24)
2/24
at
100.00
AAA
2,011,940
850
Saint
Paul
Park,
Minnesota,
Health
Facilities
Revenue
Bonds,
Presbyterian
Homes
Interlude
Transitional
Care
Projects,
Refunding
Series
2018,
5.000%,
5/01/43,
(Pre-refunded
5/01/23)
5/23
at
102.00
N/R
869,125
1,600
St.
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Hospital
Revenue
Bonds,
HealthEast
Inc.,
Series
2015A,
5.000%,
11/15/40,
(Pre-
refunded
11/15/25)
11/25
at
100.00
N/R
1,678,208
1,000
Western
Minnesota
Municipal
Power
Agency,
Minnesota,
Power
Supply
Revenue
Bonds,
Series
2014A,
5.000%,
1/01/46,
(Pre-refunded
1/01/24)
1/24
at
100.00
Aa2
1,015,440
1,530
Worthington
Independent
School
District
518,
Nobles
County,
Minnesota,
Certificates
of
Participation,
Series
2017A,
4.000%,
2/01/42,
(Pre-
refunded
2/01/26)
2/26
at
100.00
A+
1,569,749
Total
U.S.
Guaranteed
8,287,918
Nuveen
Minnesota
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
26
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Utilities
-
9.8%
$
1,240
Guam
Government
Waterworks
Authority,
Water
and
Wastewater
System
Revenue
Bonds,
Series
2016,
5.000%,
1/01/46
7/26
at
100.00
A-
$
1,248,072
135
Guam
Government
Waterworks
Authority,
Water
and
Wastewater
System
Revenue
Bonds,
Series
2020A,
5.000%,
1/01/50
7/30
at
100.00
A-
135,512
470
Luverne,
Minnesota,
Electric
Revenue
Bonds,
Series
2022A,
3.000%,
12/01/44
-
AGM
Insured
12/28
at
100.00
AA
364,659
1,335
Minnesota
Municipal
Gas
Agency,
Commodity
Supply
Revenue
Bonds,
Series
2022A,
4.000%,
12/01/52,
(Mandatory
Put
12/01/27)
9/27
at
100.37
Aa1
1,339,285
Minnesota
Municipal
Power
Agency,
Electric
Revenue
Bonds,
Refunding
Series
2014A:
1,000
4.000%,
10/01/31
10/24
at
100.00
AA-
1,015,610
1,000
4.000%,
10/01/32
10/24
at
100.00
AA-
1,013,950
2,795
Minnesota
Municipal
Power
Agency,
Electric
Revenue
Bonds,
Series
2016,
5.000%,
10/01/47
10/26
at
100.00
AA-
2,894,809
3,500
Rochester,
Minnesota,
Electric
Utility
Revenue
Bonds,
Refunding
Series
2017A,
5.000%,
12/01/47
12/26
at
100.00
AA
3,618,755
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
District
Energy
Revenue
Bonds,
Refunding
Series
2017A:
390
4.000%,
10/01/28
10/27
at
100.00
A-
402,999
1,325
4.000%,
10/01/33
10/27
at
100.00
A-
1,353,077
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
District
Energy
Revenue
Bonds,
Refunding
Series
2017B:
355
4.000%,
10/01/28
10/27
at
100.00
A-
366,680
270
4.000%,
10/01/29
10/27
at
100.00
A-
278,953
2,000
Saint
Paul
Port
Authority,
Minnesota,
District
Energy
Revenue
Bonds,
Series
2017-3,
4.000%,
10/01/42
10/27
at
100.00
A-
1,852,980
1,180
Saint
Paul
Port
Authority,
Minnesota,
District
Energy
Revenue
Bonds,
Series
2017-4,
4.000%,
10/01/40,
(AMT)
10/27
at
100.00
A-
1,103,005
Saint
Paul
Port
Authority,
Minnesota,
District
Energy
Revenue
Bonds,
Series
2021-1.
501
C3:
300
3.000%,
10/01/34
10/27
at
100.00
A-
271,626
655
4.000%,
10/01/41
10/27
at
100.00
A-
614,069
1,100
Saint
Paul
Port
Authority,
Minnesota,
District
Energy
Revenue
Bonds,
Series
2021-2,
4.000%,
10/01/40,
(AMT)
10/27
at
100.00
A-
1,028,225
Southern
Minnesota
Municipal
Power
Agency,
Power
Supply
System
Revenue
Bonds,
Series
1994A:
10,530
0.000%,
1/01/24
-
NPFG
Insured
No
Opt.
Call
A+
10,218,523
5,005
0.000%,
1/01/25
-
NPFG
Insured
No
Opt.
Call
A+
4,682,778
6,230
0.000%,
1/01/26
-
NPFG
Insured
No
Opt.
Call
A+
5,627,870
Thief
River
Falls,
Minnesota,
Electric
Revenue
Bonds,
Series
2018A:
230
4.000%,
2/01/35
-
AGM
Insured
2/26
at
100.00
AA
236,886
260
4.000%,
2/01/38
-
AGM
Insured
2/26
at
100.00
AA
262,842
11,965
Western
Minnesota
Municipal
Power
Agency,
Minnesota,
Power
Supply
Revenue
Bonds,
Series
2018A,
5.000%,
1/01/49
7/28
at
100.00
Aa2
12,685,891
Total
Utilities
52,617,056
Total
Long-Term
Investments
(cost
$534,695,579)
512,228,240
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
SHORT-TERM
INVESTMENTS
-
 2.5%  
X
13,225,000
MUNICIPAL
BONDS
-
2.5%  
X
13,225,000
Education
and
Civic
Organizations
-
0.1%
$
650
Minneapolis,
Minnesota,
Revenue
Bonds,
University
Gateway
Project,
Variable
Rate
Demand
Obligation
Series
2002,
3.450%,
5/04/32,
(Mandatory
Put
3/07/23)
(5)
2/23
at
100.00
Aa1
$
650,000
Total
Education
and
Civic
Organizations
$
650,000
27
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Health
Care
-
2.1%
Minneapolis,
Minnesota,
Health
Care
System
Revenue
Bonds,
Fairview
Health
Services,
Series
2018A:
$
6,400
2.650%,
11/15/48,
(Mandatory
Put
2/28/23)
(5)
2/23
at
100.00
Aa1
$
6,400,000
2,875
Minneapolis-Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Health
Care
System
Revenue
Bonds,
Allina
Health
System,
Series
2007C1,
3.150%,
11/15/34,
(Mandatory
Put
3/07/23)
(5)
2/23
at
100.00
AA+
$
2,875,000
2,000
Rochester,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Mayo
Clinic
Series
2008A,
3.500%,
11/15/38,
(Mandatory
Put
3/07/23)
(5)
2/23
at
100.00
AA
$
2,000,000
Total
Health
Care
11,275,000
Housing/Multifamily
-
0.3%
$
1,300
Rochester,
Minnesota,
Multifamily
Housing
Revenue
Bonds,
Bella
Grove
Apartments
Project,
Series
2019B,
3.430%,
5/01/61,
(Mandatory
Put
3/07/23)
(5)
2/23
at
100.00
AA+
$
1,300,000
Total
Housing/Multifamily
1,300,000
Total
Short-Term
Investments
(cost
$13,225,000)
13,225,000
Total
Investments
(cost
$547,920,579)
-
98.2%
525,453,240
Other
Assets
&
Liabilities,
Net
-
1.8%
9,813,457
Net
Assets
-
100%
$
535,266,697
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Municipal
Bonds
$
$
512,228,240
$
$
512,228,240
Short-Term
Investments:
Municipal
Bonds
13,225,000
13,225,000
Total
$
$
525,453,240
$
$
525,453,240
(1)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(2)
Optional
Call
Provisions:
Dates
(month
and
year)
and
prices
of
the
earliest
optional
call
or
redemption.
There
may
be
other
call
provisions
at
varying
prices
at
later
dates.
Certain
mortgage-backed
securities
may
be
subject
to
periodic
principal
paydowns.
(3)
For
financial
reporting
purposes,
the
ratings
disclosed
are
the
highest
of
Standard
&
Poor’s
Group
(“Standard
&
Poor’s”),
Moody’s
Investors
Service,
Inc.
(“Moody’s”)
or
Fitch,
Inc.
(“Fitch”)
rating.
This
treatment
of
split-rated
securities
may
differ
from
that
used
for
other
purposes,
such
as
for
Fund
investment
policies.
Ratings
below
BBB
by
Standard
&
Poor’s,
Baa
by
Moody’s
or
BBB
by
Fitch
are
considered
to
be
below
investment
grade.
Holdings
designated
N/R
are
not
rated
by
any
of
these
national
rating
agencies.
(4)
Backed
by
an
escrow
or
trust
containing
sufficient
U.S.
Government
or
U.S.
Government
agency
securities,
which
ensure
the
timely
payment
of
principal
and
interest.
Nuveen
Minnesota
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
28
(5)
Investment
has
a
maturity
of
greater
than
one
year,
but
has
variable
rate
and/or
demand
features
which
qualify
it
as
a
short-term
investment.
The
rate
disclosed,
as
well
as
the
reference
rate
and
spread,
where
applicable,
is
that
in
effect
as
of
the
end
of
the
reporting
period.
This
rate
changes
periodically
based
on
market
conditions
or
a
specified
market
index.
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
AMT
Alternative
Minimum
Tax
WI/DD
Purchased
on
a
when-issued
or
delayed
delivery
basis.
29
Nuveen
Nebraska
Municipal
Bond
Fund
Portfolio
of
Investments
February
28,
2023
(Unaudited)
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
LONG-TERM
INVESTMENTS
-
96.8%   
X
99,561,500
MUNICIPAL
BONDS
-
96.8%  
X
99,561,500
Education
and
Civic
Organizations
-
7.3%
$
1,500
Douglas
County,
Nebraska,
Educational
Facilities
Revenue
Bonds,
Creighton
University
Projects,
Refunding
Series
2017,
5.000%,
7/01/47
7/27
at
100.00
A2
$
1,542,930
1,000
Douglas
County,
Nebraska,
Educational
Facilities
Revenue
Bonds,
Creighton
University
Projects,
Series
2021A,
4.000%,
7/01/46
1/32
at
100.00
A2
908,320
1,195
Nebraska
State
Colleges
Facilities
Corporation,
Nebraska,
Revenue
Bonds,
Facilities
Program
Series
2022B,
5.000%,
7/15/37
-
AGM
Insured
7/32
at
100.00
AA
1,290,230
Saline
County,
Nebraska,
Educational
Facilities
Revenue
Bonds,
Doane
College
Project,
Refunding
Series
2020A:
360
3.000%,
2/15/34
2/29
at
100.00
A
328,442
445
3.000%,
2/15/35
2/29
at
100.00
A
396,451
500
Southeast
Community
College
Area,
Nebraska,
Facilities
Revenue
Bonds,
Series
2020,
3.000%,
3/15/45
-
AGM
Insured
7/25
at
100.00
AA
392,635
450
Southeast
Community
College
Area,
Nebraska,
Facilities
Revenue
Bonds,
Series
2022,
4.000%,
3/15/29
-
AGM
Insured
1/27
at
100.00
AA
467,347
1,000
University
of
Nebraska
Facilities
Corporation,
Nebraska,
Facilities
Bonds,
Refunding
Series
2017B,
4.000%,
5/15/37
11/27
at
100.00
Aa1
1,008,400
1,000
University
of
Nebraska
Facilities
Corporation,
Nebraska,
Facilities
Program
Bonds,
Series
2021A,
5.000%,
7/15/31
No
Opt.
Call
Aa1
1,166,790
Total
Education
and
Civic
Organizations
7,501,545
Health
Care
-
8.1%
200
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2016A,
5.250%,
12/01/56,
144A
6/26
at
100.00
BB+
188,588
Douglas
County
Hospital
Authority
2,
Nebraska,
Health
Facilities
Revenue
Bonds,
Children's
Hospital
Obligated
Group,
Refunding
Series
2020A:
575
4.000%,
11/15/40
11/30
at
100.00
AA-
555,450
300
4.000%,
11/15/41
11/30
at
100.00
AA-
288,975
Douglas
County
Hospital
Authority
2,
Nebraska,
Health
Facilities
Revenue
Bonds,
Children's
Hospital
Obligated
Group,
Series
2017:
180
5.000%,
11/15/37
5/27
at
100.00
AA-
188,498
1,060
5.000%,
11/15/47
5/27
at
100.00
AA-
1,077,681
650
Douglas
County
Hospital
Authority
2,
Nebraska,
Health
Facilities
Revenue
Bonds,
Nebraska
Medicine,
Series
2016,
5.000%,
5/15/28
5/26
at
100.00
AA-
689,936
775
Douglas
County
Hospital
Authority
2,
Nebraska,
Hospital
Revenue
Bonds,
Madonna
Rehabilitation
Hospital
Project,
Series
2014,
5.000%,
5/15/44
5/24
at
100.00
A-
744,519
Douglas
County
Hospital
Authority
3,
Nebraska,
Health
Facilities
Revenue
Bonds,
Nebraska
Methodist
Health
System,
Refunding
Series
2015:
500
4.125%,
11/01/36
11/25
at
100.00
A
500,590
2,000
5.000%,
11/01/45
11/25
at
100.00
A
2,015,340
250
Madison
County
Hospital
Authority
1,
Nebraska,
Hospital
Revenue
Bonds,
Faith
Regional
Health
Services
Project,
Refunding
Series
2017A,
5.000%,
7/01/30
7/27
at
100.00
BBB
260,628
Madison
County
Hospital
Authority
1,
Nebraska,
Hospital
Revenue
Bonds,
Faith
Regional
Health
Services
Project,
Series
2018:
500
5.000%,
7/01/34
7/25
at
100.00
BBB
511,975
435
5.000%,
7/01/35
7/25
at
100.00
BBB
444,178
875
Scotts
Bluff
County
Hospital
Authority
1,
Nebraska,
Hospital
Revenue
Bonds,
Regional
West
Medical
Center
Project,
Refunding
&
Improvement
Series
2016A,
5.250%,
2/01/37
2/27
at
100.00
BB+
889,131
Total
Health
Care
8,355,489
Nuveen
Nebraska
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
30
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Housing/Single
Family
-
0.7%
$
660
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Refunding
Series
2016A,
3.500%,
9/01/36
3/25
at
100.00
AA+
$
629,878
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2021A:
100
1.850%,
9/01/35
3/30
at
100.00
AA+
73,259
45
1.950%,
9/01/37
3/30
at
100.00
AA+
37,541
Total
Housing/Single
Family
740,678
Long-Term
Care
-
3.4%
3,700
Nebraska
Educational,
Health,
Cultural
and
Social
Services
Finance
Authority,
Revenue
Bonds,
Immanuel
Retirement
Communities
Obligated
Group,
Series
2019A,
4.000%,
1/01/49
1/26
at
102.00
AA
3,488,212
Total
Long-Term
Care
3,488,212
Tax
Obligation/General
-
40.9%
600
Adams
County
School
District
18,
Nebraska,
General
Obligation
Bonds,
Hastings
Public
Schools,
Series
2019,
4.000%,
12/15/38
5/29
at
100.00
Aa3
591,084
500
Adams
County,
Nebraska,
General
Obligation
Bonds,
Series
2023A,
5.000%,
12/15/42
1/28
at
100.00
AA-
522,480
Buffalo
County
School
District
007
Kearney
Public
Schools,
Nebraska,
General
Obligation
Bonds,
School
Building
Series
2016:
1,000
4.000%,
12/15/30
4/26
at
100.00
AA-
1,026,150
500
3.000%,
12/15/36
4/26
at
100.00
AA-
444,355
1,000
Dodge
County
School
District
1
Fremont,
Nebraska,
General
Obligation
Bonds,
Refunding
Limited
Tax
Series
2019,
4.000%,
12/15/40
12/29
at
100.00
A+
966,050
Dodge
County
School
District
1
Fremont,
Nebraska,
General
Obligation
Bonds,
Series
2022:
250
2.000%,
12/15/23
-
AGM
Insured
No
Opt.
Call
AA
246,785
260
5.000%,
12/15/28
-
AGM
Insured
No
Opt.
Call
AA
289,416
1,090
Douglas
County
School
District
059,
Nebraska,
General
Obligation
Bonds,
Bennington
Public
Schools,
School
Building
Series
2019,
4.000%,
6/15/33
3/24
at
100.00
AA-
1,099,636
1,000
Douglas
County
School
District
059,
Nebraska,
General
Obligation
Bonds,
Bennington
Public
Schools,
Series
2016,
3.375%,
12/15/41
12/25
at
100.00
AA-
863,610
1,500
Douglas
County
School
District
059,
Nebraska,
General
Obligation
Bonds,
School
Building
Series
2020B,
3.000%,
12/15/45
8/25
at
100.00
AA-
1,131,540
1,500
Douglas
County
School
District
1,
Nebraska,
General
Obligation
Bonds,
Omaha
Public
Schools
Series
2020,
3.000%,
12/15/43
1/30
at
100.00
AA
1,177,770
1,235
Douglas
County
School
District
1,
Nebraska,
General
Obligation
Bonds,
Omaha
Public
Schools,
Series
2022,
5.000%,
12/15/25
No
Opt.
Call
AA
1,301,171
1,000
Douglas
County
School
District
10
Elkhorn,
Nebraska,
General
Obligation
Bonds,
Series
2018,
4.000%,
12/15/38
12/28
at
100.00
AA-
985,140
750
Douglas
County
School
District
10
Elkhorn,
Nebraska,
General
Obligation
Bonds,
Series
2019,
4.000%,
12/15/39
12/29
at
100.00
AA-
731,438
Douglas
County
School
District
10
Elkhorn,
Nebraska,
General
Obligation
Bonds,
Series
2020:
430
4.000%,
12/15/39
12/30
at
100.00
AA-
419,357
400
4.000%,
12/15/40
12/30
at
100.00
AA-
386,912
500
Douglas
County
School
District
54,
Ralston,
Nebraska,
General
Obligation
Bonds,
Refunding
Series
2021,
3.000%,
12/15/46
12/30
at
100.00
Aa3
371,860
Kearney
County,
Nebraska,
General
Obligation
Bonds,
Recreational
Facilities
Series
2022:
550
4.000%,
5/15/28
5/27
at
100.00
A+
560,483
700
4.000%,
5/15/29
5/27
at
100.00
A+
714,245
500
4.000%,
5/15/30
5/27
at
100.00
A+
510,325
1,000
4.000%,
5/15/42
5/27
at
100.00
A+
954,070
31
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/General
(continued)
La
Vista,
Nebraska,
General
Obligation
Bonds,
Offstreet
Parking
Series
2022:
$
190
4.000%,
9/15/23
No
Opt.
Call
Aa2
$
190,904
305
4.000%,
9/15/24
No
Opt.
Call
Aa2
308,877
475
4.000%,
9/15/25
No
Opt.
Call
Aa2
484,087
400
4.000%,
9/15/26
No
Opt.
Call
Aa2
412,192
300
4.000%,
9/15/27
1/27
at
100.00
Aa2
310,098
La
Vista,
Sarpy
County,
Nebraska,
Tax
Supported
Bonds,
Taxable
Refunding
Series
2022:
625
5.000%,
9/15/26
-
AGM
Insured
No
Opt.
Call
AA
668,056
1,000
5.000%,
9/15/42
-
AGM
Insured
6/27
at
100.00
AA
1,048,920
Lancaster
County
School
District
1,
Lincoln,
Nebraska,
General
Obligation
Bonds,
Series
2020:
3,240
5.000%,
1/15/30
No
Opt.
Call
AAA
3,720,589
1,000
3.000%,
1/15/43
7/30
at
100.00
AAA
813,840
195
Omaha,
Nebraska,
General
Obligation
Bonds,
Convention
Center
Project,
Series
2004,
5.250%,
4/01/26
No
Opt.
Call
AA+
208,348
500
Omaha,
Nebraska,
General
Obligation
Bonds,
Refunding
&
Various
Purpose
Series
2017A,
4.000%,
4/15/33
4/27
at
100.00
AA+
517,065
500
Omaha,
Nebraska,
General
Obligation
Bonds,
Refunding
&
Various
Purpose
Series
2018A,
4.000%,
1/15/37
1/27
at
100.00
AA+
503,605
1,000
Omaha,
Nebraska,
General
Obligation
Bonds,
Refunding
&
Various
Purpose
Series
2019,
4.000%,
4/15/38
4/29
at
100.00
AA+
987,600
Omaha,
Nebraska,
General
Obligation
Bonds,
Refunding
&
Various
Purpose
Series
2020A:
380
4.000%,
4/15/31
4/30
at
100.00
AA+
402,435
140
3.000%,
4/15/39
4/30
at
100.00
AA+
120,757
785
Omaha,
Nebraska,
General
Obligation
Bonds,
Various
Purpose
and
Refunding
Bonds,
Series
2021,
5.000%,
4/15/28
No
Opt.
Call
AA+
870,416
Omaha,
Nebraska,
General
Obligation
Bonds,
Various
Purpose
Series
2022:
250
5.000%,
4/15/26
No
Opt.
Call
AA+
265,497
1,000
5.000%,
4/15/41
4/32
at
100.00
AA+
1,103,290
500
Omaha,
Nebraska,
Special
Tax
Redevelopment
Bonds,
Series
2018A,
5.000%,
1/15/33
1/27
at
100.00
AA+
541,965
1,000
Omaha,
Nebraska,
Special
Tax
Redevelopment
Bonds,
Series
2019A,
4.000%,
1/15/40
1/29
at
100.00
AA+
972,960
1,290
Omaha-Douglas
Public
Building
Commission,
Nebraska,
General
Obligation
Bonds,
Series
2020B,
4.000%,
5/01/43
5/29
at
100.00
AA+
1,252,732
1,000
Otoe
County
School
District
0501
Palmyra
District
OR-1,
Nebraska,
General
Obligation
Bonds,
School
Building
Series
2022,
5.000%,
12/15/42
11/27
at
100.00
Aa3
1,047,890
Papillion-LaVista
School
District
27,
Sarpy
County,
Nebraska,
General
Obligation
Bonds,
Refunding
Series
2020B:
750
4.000%,
12/01/35
12/30
at
100.00
Aa2
778,230
795
3.000%,
12/01/40
12/30
at
100.00
Aa2
651,407
750
Sarpy
County
School
District
037
Gretna
Public
Schools,
Nebraska,
General
Obligation
Bonds,
Refunding
Series
2019C,
4.000%,
6/15/43
6/29
at
100.00
AA-
720,105
Sarpy
County
School
District
037
Gretna
Public
Schools,
Nebraska,
General
Obligation
Bonds,
Series
2019:
1,000
5.000%,
6/15/40
6/29
at
100.00
AA-
1,079,510
1,000
5.000%,
6/15/41
6/29
at
100.00
AA-
1,075,900
Sarpy
County
School
District
037
Gretna
Public
Schools,
Nebraska,
General
Obligation
Bonds,
Series
2020B:
750
3.000%,
12/15/43
12/25
at
100.00
AA-
595,883
750
3.000%,
12/15/44
12/25
at
100.00
AA-
582,615
1,000
Sarpy
County
School
District
1,
Bellevue
Public
School,
Nebraska,
General
Obligation
Bonds,
School
Building
Series
2020,
4.000%,
12/15/40
12/30
at
100.00
Aa3
967,280
Nuveen
Nebraska
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
32
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/General
(continued)
Saunders
County
School
District
0001
(Ashland-Greenwood
Public
Schools)
in
the
State
of
Nebraska,
General
Obligation
Bonds,
Series
2022:
$
100
4.000%,
12/15/24
-
BAM
Insured
No
Opt.
Call
AA
$
101,240
100
4.000%,
12/15/25
-
BAM
Insured
No
Opt.
Call
AA
102,210
140
4.000%,
12/15/26
-
BAM
Insured
No
Opt.
Call
AA
144,539
270
4.000%,
12/15/27
-
BAM
Insured
No
Opt.
Call
AA
281,758
1,000
4.000%,
12/15/41
-
BAM
Insured
12/32
at
100.00
AA
965,640
265
4.000%,
12/15/42
-
BAM
Insured
12/32
at
100.00
AA
255,044
500
Saunders
County
School
District
1,
Ashland-Greenwood,
Nebraska,
General
Obligation
Bonds,
Series
2021,
3.000%,
12/15/42
12/30
at
100.00
A+
393,370
Southeast
Community
College
Area,
Nebraska,
Certificates
of
Participation,
Series
2018:
215
5.000%,
12/15/30
6/28
at
100.00
Aa1
239,549
1,000
5.000%,
12/15/47
6/28
at
100.00
Aa1
1,070,890
Total
Tax
Obligation/General
42,051,170
Tax
Obligation/Limited
-
8.2%
500
Columbus,
Nebraska,
Sales
Tax
Revenue
Bonds,
Police
&
Fire
Project,
Series
2018,
4.000%,
9/15/27
9/23
at
100.00
A
502,455
1,250
Douglas
County
Nebraska,
Sanitary
and
Improvement,
District
Number
608,
General
Obligation
Bonds,
North
Streams,
Series
2022,
6.000%,
12/15/47
6/27
at
100.00
N/R
1,125,312
430
Grand
Island,
Nebraska,
Highway
Alloactaion
Fund
Pledge
Bonds,
Series
2020,
3.000%,
11/15/30
11/25
at
100.00
Aa2
426,044
1,060
Matching
Fund
Special
Purpose
Securitization
Corporation,
Virgin
Islands,
Revenue
Bonds,
Series
2022A,
5.000%,
10/01/28
No
Opt.
Call
N/R
1,098,022
500
Omaha
Public
Facilities
Corporation,
Nebraska,
Lease
Revenue
Bonds,
Omaha
Baseball
Stadium
Project,
Refunding
Series
2016A,
4.000%,
6/01/36
6/26
at
100.00
AA+
507,375
1,000
Omaha
Public
Facilities
Corporation,
Nebraska,
Lease
Revenue
Bonds,
Series
2020B,
3.000%,
4/15/40
4/30
at
100.00
AA+
833,870
380
Omaha
Public
Facilities
Corporation,
Nebraska,
Lease
Revenue
Bonds,
Series
2021,
4.000%,
4/15/24
No
Opt.
Call
AA+
383,143
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
2018A-1:
750
4.550%,
7/01/40
7/28
at
100.00
N/R
700,403
800
4.750%,
7/01/53
7/28
at
100.00
N/R
717,104
1,200
5.000%,
7/01/58
7/28
at
100.00
N/R
1,113,360
1,000
Sarpy
County,
Nebraska,
Limited
Tax
Highway
Allocation
Fund
Pledge
Bonds,
Series
2021,
5.000%,
6/01/24
No
Opt.
Call
Aaa
1,022,320
Total
Tax
Obligation/Limited
8,429,408
Transportation
-
5.0%
Guam
A.B.
Won
Pat  International
Airport
Authority,
Revenue
Bonds,
Series
2013C:
145
6.000%,
10/01/34
-
AGM
Insured,
(AMT)
10/23
at
100.00
Baa2
147,005
80
6.375%,
10/01/43,
(AMT)
10/23
at
100.00
Baa2
81,278
70
Hawaii
State,
Harbor
System
Revenue
Bonds,
Series
2020A,
4.000%,
7/01/36,
(AMT)
7/30
at
100.00
Aa3
68,832
825
Lincoln,
Nebraska,
Airport
Revenue
Bonds,
Series
2015A,
4.000%,
7/01/45
7/25
at
100.00
Aa1
799,136
2,000
Lincoln,
Nebraska,
Airport
Revenue
Bonds,
Series
2021,
4.000%,
7/01/36,
(AMT)
7/31
at
100.00
Aa1
2,020,780
Omaha
Airport
Authority,
Nebraska,
Airport
Facilities
Revenue
Refunding
Bonds,
Series
2017A:
1,000
5.000%,
12/15/34,
(AMT)
12/26
at
100.00
AA-
1,041,350
1,000
5.000%,
12/15/36,
(AMT)
12/26
at
100.00
AA-
1,032,320
Total
Transportation
5,190,701
33
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
U.S.
Guaranteed
-
6.0%
(4)
Colfax
County
School
District
123
Schuyler
Community
Schools,
Nebraska,
General
Obligation
Bonds,
Refunding
Series
2019:
$
500
4.000%,
12/15/36,
(Pre-refunded
5/22/24)
5/24
at
100.00
A1
$
504,825
500
4.000%,
12/15/39,
(Pre-refunded
5/22/24)
5/24
at
100.00
A1
504,825
750
Douglas
County
School
District
10
Elkhorn,
Nebraska,
General
Obligation
Bonds,
Series
2016,
4.000%,
12/15/36,
(Pre-refunded
12/15/25)
12/25
at
100.00
AA-
770,160
Guam
A.B.
Won
Pat  International
Airport
Authority,
Revenue
Bonds,
Series
2013C:
355
6.000%,
10/01/34,
(Pre-refunded
10/01/23)
-
AGM
Insured,
(AMT)
10/23
at
100.00
Baa2
359,910
85
6.375%,
10/01/43,
(Pre-refunded
10/01/23),
(AMT)
10/23
at
100.00
Baa2
86,357
Omaha,
Nebraska,
General
Obligation
Bonds,
Refunding
&
Various
Purpose
Series
2013A:
715
4.500%,
11/15/28,
(Pre-refunded
11/15/23)
11/23
at
100.00
AA+
721,893
365
4.500%,
11/15/29,
(Pre-refunded
11/15/23)
11/23
at
100.00
AA+
368,518
750
Platte
County
School
District
001,
Columbus
Public
Schools,
Nebraska,
General
Obligation
Bonds,
School
Building
Series
2014,
5.000%,
12/15/39,
(Pre-refunded
6/15/24)
6/24
at
100.00
Aa3
768,015
Sarpy
County
School
District
1,
Bellevue
Public
School,
Nebraska,
General
Obligation
Bonds,
School
Building
Series
2017:
550
5.000%,
12/15/29,
(Pre-refunded
12/15/27)
12/27
at
100.00
Aa3
603,042
520
5.000%,
12/15/35,
(Pre-refunded
12/15/27)
12/27
at
100.00
Aa3
570,149
600
University
of
Nebraska,
Revenue
Bonds,
Omaha
Student
Housing
Project,
Refunding
Series
2017A,
5.000%,
5/15/32,
(Pre-refunded
11/15/27)
11/27
at
100.00
Aa1
659,484
220
Wisconsin
Health
and
Educational
Facilities
Authority,
Wisconsin,
Revenue
Bonds,
Three
Pillars
Senior
Living
Communities,
Refunding
Series
2013,
5.000%,
8/15/23,
(ETM)
No
Opt.
Call
N/R
221,815
Total
U.S.
Guaranteed
6,138,993
Utilities
-
17.2%
465
Central
Plains
Energy
Project,
Nebraska,
Gas
Project
3
Revenue
Bonds,
Refunding
Crossover
Series
2017A,
5.000%,
9/01/37
No
Opt.
Call
A
477,560
Columbus,
Nebraska,
Combined
Revenue
Bonds,
Refunding
Series
2020:
375
4.000%,
6/15/34
6/30
at
100.00
AA
389,152
400
4.000%,
6/15/35
6/30
at
100.00
AA
409,104
1,000
District
Energy
Corporation,
Nebraska,
Facility
Revenue
Bonds,
Refunding
Series
2021A,
5.000%,
7/01/28
No
Opt.
Call
AA+
1,109,530
Grand
Island,
Nebraska,
Combined
Utilities
Revenue
Bonds,
Refunding
Series
2020A:
750
4.000%,
8/15/35
-
AGM
Insured
8/30
at
100.00
AA
772,463
515
4.000%,
8/15/37
-
AGM
Insured
8/30
at
100.00
AA
518,023
1,930
Guam
Government
Waterworks
Authority,
Water
and
Wastewater
System
Revenue
Bonds,
Refunding
Series
2017,
5.000%,
7/01/40
7/27
at
100.00
A-
1,950,400
870
Lincoln,
Nebraska,
Electric
System
Revenue
Bonds,
Series
2018,
5.000%,
9/01/34
3/27
at
100.00
AA
935,711
450
Lincoln,
Nebraska,
Electric
System
Revenue
Bonds,
Series
2020A,
5.000%,
9/01/33
3/30
at
100.00
AA
509,368
500
Metropolitan
Utilities
District
Omaha,
Nebraska,
Water
Revenue
Bonds,
Series
2015,
3.250%,
12/01/32
12/25
at
100.00
AA
486,080
1,500
Nebraska
Public
Power
District,
General
Revenue
Bonds,
Series
2016A,
5.000%,
1/01/41
1/26
at
100.00
A+
1,541,580
500
Omaha
Public
Power
District,
Nebraska,
Electric
System
Revenue
Bonds,
Refunding
Series
2015C,
4.000%,
2/01/38
2/25
at
100.00
AA
500,520
1,000
Omaha
Public
Power
District,
Nebraska,
Electric
System
Revenue
Bonds,
Series
2016A,
4.000%,
2/01/38
2/26
at
100.00
AA
1,001,550
1,000
Omaha
Public
Power
District,
Nebraska,
Electric
System
Revenue
Bonds,
Series
2017A,
5.000%,
2/01/42
12/27
at
100.00
AA
1,064,620
1,000
Omaha
Public
Power
District,
Nebraska,
Electric
System
Revenue
Bonds,
Series
2018A,
5.000%,
2/01/39
2/28
at
100.00
AA
1,072,570
750
Omaha
Public
Power
District,
Nebraska,
Electric
System
Revenue
Bonds,
Series
2022B,
5.000%,
2/01/47
2/32
at
100.00
AA
818,228
Nuveen
Nebraska
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
34
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Utilities
(continued)
$
320
Omaha
Public
Power
District,
Nebraska,
Separate
Electric
System
Revenue
Bonds,
Nebraska
City
2,
Refunding
Series
2015A,
3.500%,
2/01/42
2/25
at
100.00
A+
$
278,272
Omaha,
Nebraska,
Sanitary
Sewage
System
Revenue
Bonds,
Refunding
Series
2020A:
370
4.000%,
4/01/39
4/30
at
100.00
AA
361,960
300
4.000%,
4/01/40
4/30
at
100.00
AA
290,406
1,000
Public
Power
Generation
Agency,
Nebraska,
Whelan
Energy
Center
Unit
2
Revenue
Bonds,
Refunding
Series
2015A,
5.000%,
1/01/31
1/25
at
100.00
A2
1,023,310
1,500
Public
Power
Generation
Agency,
Nebraska,
Whelan
Energy
Center
Unit
2
Revenue
Bonds,
Refunding
Series
2016A,
5.000%,
1/01/40
7/26
at
100.00
A2
1,543,665
600
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2021B,
5.000%,
7/01/29,
144A
No
Opt.
Call
N/R
611,232
Total
Utilities
17,665,304
Total
Long-Term
Investments
(cost
$106,326,414)
99,561,500
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
SHORT-TERM
INVESTMENTS
-
 0.5%  
X
500,000
MUNICIPAL
BONDS
-
0.5%  
X
500,000
Health
Care
-
0.5%
$
500
Douglas
County
Hospital
Authority
2,
Nebraska,
Health
Facilities
Revenue
Bonds,
Children's
Hospital
Obligated
Group,
Refunding
Series
2008A,
2.470%,
8/15/32,
(Mandatory
Put
2/28/23)
(5)
2/23
at
100.00
Aa1
$
500,000
Total
Health
Care
$
500,000
Total
Short-Term
Investments
(cost
$500,000)
500,000
Total
Investments
(cost
$106,826,414)
-
97.3%
100,061,500
Other
Assets
&
Liabilities,
Net
-
2.7%
2,810,063
Net
Assets
-
100%
$
102,871,563
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Municipal
Bonds
$
$
99,561,500
$
$
99,561,500
Short-Term
Investments:
Municipal
Bonds
500,000
500,000
Total
$
$
100,061,500
$
$
100,061,500
35
(1)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(2)
Optional
Call
Provisions:
Dates
(month
and
year)
and
prices
of
the
earliest
optional
call
or
redemption.
There
may
be
other
call
provisions
at
varying
prices
at
later
dates.
Certain
mortgage-backed
securities
may
be
subject
to
periodic
principal
paydowns.
(3)
For
financial
reporting
purposes,
the
ratings
disclosed
are
the
highest
of
Standard
&
Poor’s
Group
(“Standard
&
Poor’s”),
Moody’s
Investors
Service,
Inc.
(“Moody’s”)
or
Fitch,
Inc.
(“Fitch”)
rating.
This
treatment
of
split-rated
securities
may
differ
from
that
used
for
other
purposes,
such
as
for
Fund
investment
policies.
Ratings
below
BBB
by
Standard
&
Poor’s,
Baa
by
Moody’s
or
BBB
by
Fitch
are
considered
to
be
below
investment
grade.
Holdings
designated
N/R
are
not
rated
by
any
of
these
national
rating
agencies.
(4)
Backed
by
an
escrow
or
trust
containing
sufficient
U.S.
Government
or
U.S.
Government
agency
securities,
which
ensure
the
timely
payment
of
principal
and
interest.
(5)
Investment
has
a
maturity
of
greater
than
one
year,
but
has
variable
rate
and/or
demand
features
which
qualify
it
as
a
short-term
investment.
The
rate
disclosed,
as
well
as
the
reference
rate
and
spread,
where
applicable,
is
that
in
effect
as
of
the
end
of
the
reporting
period.
This
rate
changes
periodically
based
on
market
conditions
or
a
specified
market
index.
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
AMT
Alternative
Minimum
Tax
ETM
Escrowed
to
maturity
36
Nuveen
Oregon
Intermediate
Municipal
Bond
Fund
Portfolio
of
Investments
February
28,
2023
(Unaudited)
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
LONG-TERM
INVESTMENTS
-
99.0%   
X
189,570,045
MUNICIPAL
BONDS
-
99.0%  
X
189,570,045
Education
and
Civic
Organizations
-
4.6%
$
1,095
Forest
Grove,
Oregon,
Campus
Improvement
Revenue
Bonds,
Pacific
University
Project,
Refunding
Series
2015A,
5.000%,
5/01/30
5/25
at
100.00
BBB
$
1,123,766
Forest
Grove,
Oregon,
Student
Housing
Revenue
Bonds,
Oak
Tree
Foundation,
Inc.
Project,
Series
2017:
350
5.000%,
3/01/23
No
Opt.
Call
BBB
350,000
440
5.000%,
3/01/24
No
Opt.
Call
BBB
444,299
505
5.000%,
3/01/25
No
Opt.
Call
BBB
513,433
110
Oregon
Facilities
Authority,
Revenue
Bonds,
Howard
Street
Charter
School
Project,
Series
2019A,
5.000%,
6/15/29,
144A
6/27
at
102.00
N/R
108,535
920
Oregon
Facilities
Authority,
Revenue
Bonds,
Metro
East
Web
Academy
Project,
Series
2019A,
5.000%,
6/15/34,
144A
6/27
at
102.00
N/R
900,524
100
Oregon
Facilities
Authority,
Revenue
Bonds,
Redmond
Proficiency
Academy
Project,
Series
2015A,
5.500%,
6/15/35,
144A
6/25
at
100.00
N/R
100,097
600
Oregon
Facilities
Authority,
Revenue
Bonds,
Redmond
Proficiency
Academy
Project,
Series
2016A,
5.000%,
6/15/33
6/25
at
100.00
N/R
574,800
Oregon
Facilities
Authority,
Revenue
Bonds,
University
of
Portland
Projects,
Series
2015A:
450
5.000%,
4/01/29
4/25
at
100.00
A+
466,272
800
5.000%,
4/01/30
4/25
at
100.00
A+
829,176
490
Oregon
State
Facilities
Authority,
Oregon,
Charter
School
Revenue
Bonds,
Academy
for
Character
Education,
Series
2022A,
6.750%,
6/15/42,
144A
6/32
at
100.00
N/R
494,297
1,000
Yamhill
County,
Oregon,
Revenue
Bonds,
George
Fox
University
Project,
Refunding
Series
2021,
4.000%,
12/01/36
12/31
at
100.00
A-
980,820
Yamhill
County,
Oregon,
Revenue
Bonds,
Linfield
University
Project,
Refunding
Series
2020A:
850
4.000%,
10/01/23
No
Opt.
Call
Baa2
849,634
1,000
5.000%,
10/01/35
10/30
at
100.00
Baa2
1,047,030
Total
Education
and
Civic
Organizations
8,782,683
Health
Care
-
15.1%
Deschutes
County
Hospital
Facility
Authority,
Oregon,
Hospital
Revenue
Bonds,
Saint
Charles
Health
System,
Inc.,
Series
2016A:
375
4.000%,
1/01/33
1/26
at
100.00
A
378,187
1,000
5.000%,
1/01/33
1/26
at
100.00
A
1,040,050
715
Deschutes
County
Hospital
Facility
Authority,
Oregon,
Hospital
Revenue
Bonds,
Saint
Charles
Health
System,
Inc.,
Series
2020A,
4.000%,
1/01/34
1/31
at
100.00
A
730,251
Klamath
Falls
Intercommunity
Hospital
Authority,
Oregon,
Revenue
Bonds,
Sky
Lakes
Medical
Center
Project,
Refunding
Series
2016:
730
5.000%,
9/01/29
9/26
at
100.00
A
761,799
200
5.000%,
9/01/30
9/26
at
100.00
A
208,452
600
5.000%,
9/01/31
9/26
at
100.00
A
625,224
270
5.000%,
9/01/32
9/26
at
100.00
A
281,197
1,350
Medford
Hospital
Facilities
Authority,
Oregon,
Hospital
Revenue
Bonds,
Asante
Health
System,
Refunding
Series
2020A,
5.000%,
8/15/33
8/30
at
100.00
A+
1,486,417
1,000
Oregon
Facilities
Authority,
Revenue
Bonds,
Legacy
Health
Project,
Series
2016A,
5.000%,
6/01/30
6/26
at
100.00
A+
1,046,800
Oregon
Facilities
Authority,
Revenue
Bonds,
Peacehealth
System,
Refunding
Series
2014A:
690
5.000%,
11/15/25
5/24
at
100.00
AA-
702,109
4,155
4.125%,
11/15/32
5/24
at
100.00
AA-
4,182,340
600
Oregon
Facilities
Authority,
Revenue
Bonds,
Samaritan
Health
Services
Project,
Refunding
Series
2020A,
5.000%,
10/01/30
No
Opt.
Call
BBB+
651,132
37
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Health
Care
(continued)
Oregon
Facilities
Authority,
Revenue
Bonds,
Samaritan
Health
Services,
Refunding
Series
2016A:
$
485
5.000%,
10/01/29
10/26
at
100.00
BBB+
$
504,953
1,325
5.000%,
10/01/30
10/26
at
100.00
BBB+
1,379,961
4,105
Oregon
Health
and
Science
University,
Revenue
Bonds,
Green
Series
2021B-1,
5.000%,
7/01/46,
(Mandatory
Put
2/01/30)
11/29
at
100.00
AA-
4,576,665
Oregon
Health
and
Science
University,
Revenue
Bonds,
Series
2019A:
1,000
5.000%,
7/01/29
No
Opt.
Call
AA-
1,127,750
500
5.000%,
7/01/31
1/30
at
100.00
AA-
562,185
2,235
Salem
Hospital
Facility
Authority,
Oregon,
Revenue
Bonds,
Salem
Health
Projects,
Series
2019A,
5.000%,
5/15/32
5/29
at
100.00
AA-
2,428,216
Salem
Hospital
Facility
Authority,
Oregon,
Revenue
Bonds,
Salem
Healthl
Project,
Refunding
Series
2016A:
1,355
5.000%,
5/15/29
5/26
at
100.00
AA-
1,421,192
560
5.000%,
5/15/30
5/26
at
100.00
AA-
587,597
1,000
5.000%,
5/15/31
5/26
at
100.00
AA-
1,049,310
1,200
5.000%,
5/15/46
5/26
at
100.00
AA-
1,221,792
Union
County
Oregon,
Hospital
Facility
Authority
Revenue
Bonds,
Grande
Ronde
Hospital
Incorporated,
Series
2022:
1,230
5.000%,
7/01/33
7/32
at
100.00
BBB
1,312,791
695
5.000%,
7/01/34
7/32
at
100.00
BBB
737,388
Total
Health
Care
29,003,758
Housing/Multifamily
-
0.3%
195
Clackamas
County
Housing
Authority,
Oregon,
Multifamily
Housing
Revenue
Bonds,
Easton
Ridge
Apartments
Project,
Series
2013A,
4.000%,
9/01/23
3/23
at
100.00
Aa2
195,039
340
Home
Forward,
Oregon,
Multifamily
Housing
Revenue
Bonds,
Lovejoy
Station
Apartments,
Refunding
Series
2016,
4.000%,
7/15/29
7/26
at
100.00
Aa2
347,480
Total
Housing/Multifamily
542,519
Housing/Single
Family
-
0.8%
Oregon
Housing
and
Community
Services
Department,
Single
Family
Mortgage
Revenue
Bonds,
Series
2021A:
935
1.900%,
1/01/33
7/30
at
100.00
Aa2
783,530
825
1.950%,
7/01/33
7/30
at
100.00
Aa2
687,827
Total
Housing/Single
Family
1,471,357
Long-Term
Care
-
6.3%
Clackamas
County
Hospital
Facility
Authority,
Oregon,
Revenue
Bonds,
Rose
Villa
Inc.,
Series
2020A:
285
5.000%,
11/15/27
11/25
at
102.00
N/R
284,271
300
5.000%,
11/15/28
11/25
at
102.00
N/R
298,362
315
5.000%,
11/15/29
11/25
at
102.00
N/R
312,149
330
5.000%,
11/15/30
11/25
at
102.00
N/R
325,621
Clackamas
County
Hospital
Facility
Authority,
Oregon,
Senior
Living
Revenue
Bonds,
Willamette
View
Project,
Series
2017A:
525
4.000%,
5/15/24
No
Opt.
Call
N/R
521,624
445
4.000%,
11/15/24
No
Opt.
Call
N/R
441,008
355
4.000%,
5/15/25
No
Opt.
Call
N/R
350,566
460
4.000%,
11/15/25
No
Opt.
Call
N/R
453,031
200
4.000%,
5/15/26
11/25
at
102.00
N/R
196,160
400
4.000%,
11/15/26
11/25
at
102.00
N/R
391,224
350
4.000%,
5/15/27
11/25
at
102.00
N/R
339,434
350
4.000%,
11/15/27
11/25
at
102.00
N/R
338,314
450
Medford
Hospital
Facilities
Authority,
Oregon,
Revenue
Bonds,
Rogue
Valley
Manor,
Series
2013A,
5.000%,
10/01/24
10/23
at
100.00
A-
452,893
1,500
Multnomah
County
Hospital
Facilities
Authority,
Oregon,
Revenue
Bond,
Terwilliger
Plaza,
Inc.,
Refunding
Series
2012,
5.000%,
12/01/29
3/23
at
100.00
BB+
1,485,510
325
Multnomah
County
Hospital
Facilities
Authority,
Oregon,
Revenue
Bond,
Terwilliger
Plaza,
Inc.,
Refunding
Series
2016,
5.000%,
12/01/30
12/26
at
100.00
BB+
320,668
Nuveen
Oregon
Intermediate
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
38
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Long-Term
Care
(continued)
$
300
Multnomah
County
Hospital
Facilities
Authority,
Oregon,
Revenue
Bonds,
Mirabella
South
Waterfront,
Refunding
Series
2014A,
5.000%,
10/01/24
No
Opt.
Call
N/R
$
299,670
370
Multnomah
County
Hospital
Facilities
Authority,
Oregon,
Revenue
Bonds,
Terwilliger
Plaza-Parkview
Project,
Refunding
Green
Series
2021A,
4.000%,
12/01/36
12/28
at
103.00
BB+
308,399
1,040
Polk
County
Hospital
Facility
Authority,
Oregon,
Revenue
Bonds,
Dallas
Retirement
Village
Project,
Series
2015A,
5.125%,
7/01/35
7/25
at
100.00
N/R
948,698
1,540
Salem
Hospital
Facility
Authority,
Oregon,
Revenue
Bonds,
Capital
Manor,
Inc.,
Refunding
Bonds,
Series
2022,
4.000%,
5/15/40
5/29
at
103.00
BBB-
1,250,865
1,150
Yamhill
County
Hospital
Authority,
Oregon,
Revenue
Bonds,
Friendsview
Retirement
Community,
Refunding
Series
2016A,
5.000%,
11/15/31
11/24
at
102.00
N/R
1,070,592
1,940
Yamhill
County
Hospital
Authority,
Oregon,
Revenue
Bonds,
Friendsview
Retirement
Community,
Refunding
Series
2021A,
5.000%,
11/15/36
11/28
at
103.00
N/R
1,692,825
Total
Long-Term
Care
12,081,884
Tax
Obligation/General
-
44.7%
1,365
Beaverton
School
District
48J,
Washington
and
Multnomah
Counties,
Oregon,
General
Obligation
Bonds,
Convertible
Deferred
Interest
Series
2017D,
5.000%,
6/15/26
No
Opt.
Call
AA+
1,455,527
Benton
and
Linn
Counties
District
School
District
509J
Corvallis,
Oregon,
General
Obligation
Bonds,
Series
2018A:
350
5.000%,
6/15/26
No
Opt.
Call
AA+
373,212
2,835
5.000%,
6/15/27
No
Opt.
Call
AA+
3,088,449
1,000
Boardman,
Morrow
County,
Oregon,
General
Obligation
Bonds,
Series
2021,
4.000%,
6/15/35
-
BAM
Insured
6/29
at
100.00
AA
1,038,780
1,100
Chemeketa
Community
College
District,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2014,
5.000%,
6/15/26
6/24
at
100.00
AA+
1,125,223
200
Clackamas
and
Multnomah
Counties
School
District
7J
Lake
Oswego,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2005,
5.250%,
6/01/25
-
AGM
Insured
No
Opt.
Call
Aa2
209,642
1,665
Clackamas
and
Multnomah
Counties
School
District
7J
Lake
Oswego,
Oregon,
General
Obligation
Bonds,
Series
2017,
4.000%,
6/01/32
6/27
at
100.00
AA+
1,731,234
1,250
Clackamas
and
Washington
Counties
School
District
3JT,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2015,
5.000%,
6/15/28
6/25
at
100.00
AA+
1,302,912
1,000
Clackamas
County
School
District
12,
North
Clackamas,
Oregon,
General
Obligation
Bonds,
Series
2017B,
5.000%,
6/15/30
6/27
at
100.00
AA+
1,083,080
Clackamas
County
School
District
12,
North
Clackamas,
Oregon,
General
Obligation
Bonds,
Series
2018:
585
5.000%,
6/15/31
6/28
at
100.00
Aa1
650,748
550
5.000%,
6/15/32
6/28
at
100.00
Aa1
611,309
1,500
Clackamas
County
School
District
46
Oregon
Trail,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2017,
5.000%,
6/15/30
6/27
at
100.00
AA+
1,628,400
605
Clackamas
County
School
District
62,
Oregon
City,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2018B,
5.000%,
6/15/33
6/28
at
100.00
AA+
672,457
560
Clatsop
County
School
District
1C
Astoria,
Oregon,
General
Obligation
Bonds,
Series
2019B,
5.000%,
6/15/30
6/29
at
100.00
Aa1
634,962
500
Clatsop
County,
Oregon,
General
Obligation
Bonds,
Series
2019,
5.000%,
6/15/31
6/29
at
100.00
Aa2
566,890
450
Columbia
County
School
District
502
Saint
Helens,
Oregon,
General
Obligation
Bonds,
Series
2017,
5.000%,
6/15/33
6/27
at
100.00
Aa1
484,380
765
Coos
County
School
District
9
Coos
Bay,
Oregon,
General
Obligation
Bonds,
Series
2020,
5.000%,
6/15/34
6/30
at
100.00
AA+
867,242
1,190
Crook
County,
Oregon,
General
Obligation
Bonds,
Convertible
Capital
appreciation
Series
2022,
0.000%,
6/01/33
(4)
6/32
at
100.00
AA-
1,114,387
1,000
David
Douglas
School
District
40,
Multnomah
County,
Oregon,
General
Obligation
Bonds,
Series
2012B,
0.000%,
6/15/25
No
Opt.
Call
AA+
919,260
2,000
David
Douglas
School
District
40,
Multnomah
County,
Oregon,
General
Obligation
Bonds,
Series
2023A,
0.000%,
6/15/35
(WI/DD,
Settling
3/09/23)
6/33
at
92.02
AA+
1,222,700
1,335
Deschutes
County
Administrative
School
District
1,
Bend-La
Pine,
Oregon,
General
Obligation
Bonds,
Series
2023,
5.000%,
6/15/36
(WI/DD,
Settling
3/02/23)
6/33
at
100.00
Aa1
1,531,752
39
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/General
(continued)
$
875
Deschutes
County
School
District
6,
Sisters,
Oregon,
General
Obligation
Bonds,
Series
2021,
4.000%,
6/15/34
6/31
at
100.00
Aa1
$
932,286
2,035
Greater
Albany
School
District
8J,
Linn
&
Benton
Counties,
Oregon,
General
Obligation
Bonds,
Series
2017,
5.000%,
6/15/32
6/27
at
100.00
AA+
2,206,632
2,825
Hood
River
County
School
District,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2016,
4.000%,
6/15/29
6/26
at
100.00
AA+
2,936,503
1,845
Jackson
County
School
District
5
Ashland,
Oregon,
General
Obligation
Bonds,
Series
2019,
5.000%,
6/15/34
6/29
at
100.00
AA+
2,066,382
1,250
Jackson
County
School
District
549C,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2015,
5.000%,
12/15/28
6/25
at
100.00
AA+
1,302,625
Jackson
County
School
District
6,
Central
Point,
Oregon,
General
Obligation
Bonds,
Series
2019A:
1,675
4.000%,
6/15/34
6/29
at
100.00
Aa1
1,741,682
1,700
4.000%,
6/15/35
6/29
at
100.00
Aa1
1,750,337
375
Jefferson
County
School
District
509J,
General
Obligation
Bonds,
Series
2022,
4.000%,
6/15/34
6/32
at
100.00
Aa1
403,684
335
Keizer,
Oregon,
General
Obligation
Assessment
Bonds,
Keizer
Station
Area
A
Local
Improvement
District,
Series
2008,
5.200%,
6/01/31
3/23
at
100.00
Aa3
341,000
1,200
Lake
Oswego,
Oregon,
General
Obligation
Bonds,
Refunding
Full
Faith
&
Credit
Series
2017,
4.000%,
12/01/31
12/27
at
100.00
AAA
1,268,388
Lane
Community
College,
Lane,
Linn,
Benton
and
Douglas
Counties,
Oregon,
General
Obligation
Bonds,
Series
2020A:
1,000
4.000%,
6/15/33
6/30
at
100.00
Aa1
1,066,980
1,750
4.000%,
6/15/34
6/30
at
100.00
Aa1
1,858,115
3,900
Lane
County
School
District
4J
Eugene,
Oregon,
General
Obligation
Bonds,
School
Bond
Guaranty
Series
2019,
4.000%,
6/15/35
6/29
at
100.00
Aa1
4,040,049
510
Lebanon
Rural
Fire
Protection
District,
Linn
County,
Oregon,
General
Obligation
Bonds,
Series
2020,
4.000%,
6/15/33
-
BAM
Insured
6/27
at
100.00
AA
526,238
205
Linn
and
Marion
Counties
School
District
129J
Santiam
Canyon,
Oregon,
General
Obligation
Bonds,
Series
2019,
5.000%,
6/15/34
6/29
at
100.00
AA+
229,598
2,000
Marion
and
Polk
Counties
School
District
24J,
Salem-Kreizer,
Oregon,
General
Obligation
Bonds,
Convertible
Deferred
Interest
Series
2020B,
5.000%,
6/15/34
6/30
at
100.00
AA+
2,267,300
Marion
and
Polk
Counties
School
District
24J,
Salem-Kreizer,
Oregon,
General
Obligation
Bonds,
Series
2018:
1,500
5.000%,
6/15/31
6/28
at
100.00
AA+
1,667,025
2,000
5.000%,
6/15/33
6/28
at
100.00
AA+
2,217,800
1,000
Marion
County
School
District
15
North
Marion,
Oregon,
General
Obligation
Bonds,
Series
2018B,
5.000%,
6/15/31
6/28
at
100.00
AA+
1,119,190
2,500
Metro,
Oregon,
General
Obligation
Bonds,
Series
2020A,
4.000%,
6/01/34
6/30
at
100.00
AAA
2,646,150
75
Multnomah
County
School
District
7,
Reynolds,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2020,
3.000%,
6/01/34
6/30
at
100.00
Aa3
71,857
2,250
Multnomah
County
School
District
7,
Reynolds,
Oregon,
General
Obligation
Bonds,
Series
2015A,
5.000%,
6/15/30
6/25
at
100.00
Aa1
2,343,712
1,190
Nestucca
Valley
School
District
101,
Tillamook
&
Yamhill
Counties,
Oregon,
General
Obligation
Bonds,
Series
2018B.
Current
Interest,
5.000%,
6/15/29
6/28
at
100.00
AA+
1,324,875
Oregon
City,
Oregon,
General
Obligation
Bonds,
Series
2018:
360
5.000%,
6/01/30
6/28
at
100.00
AA+
402,631
765
5.000%,
6/01/31
6/28
at
100.00
AA+
855,584
Pacific
Communities
Health
District,
Oregon,
General
Obligation
Bonds,
Series
2016:
325
5.000%,
6/01/27
6/26
at
100.00
A1
343,064
350
5.000%,
6/01/28
6/26
at
100.00
A1
368,788
750
5.000%,
6/01/29
6/26
at
100.00
A1
788,842
1,000
5.000%,
6/01/30
6/26
at
100.00
A1
1,049,900
770
5.000%,
6/01/31
6/26
at
100.00
A1
806,729
1,210
Phoenix-Talent
School
District
4,
Jackson
County,
Oregon,
General
Obligation
Bonds,
Current
Interest
Series
2018B,
5.000%,
6/15/32
6/28
at
100.00
AA+
1,343,620
Nuveen
Oregon
Intermediate
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
40
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/General
(continued)
Port
of
Alsea,
Lincoln
County,
Oregon,
General
Obligation
Bonds,
Series
2018:
$
225
3.750%,
6/15/28
No
Opt.
Call
N/R
$
224,269
180
4.000%,
6/15/33
6/28
at
100.00
N/R
182,043
900
Portland
Community
College
District,
Multnomah
County,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2016,
5.000%,
6/15/29
6/26
at
100.00
AA+
957,366
1,050
Portland
Community
College
District,
Multnomah
County,
Oregon,
General
Obligation
Bonds,
Series
2018,
5.000%,
6/15/30
6/26
at
100.00
AA+
1,115,572
350
Redmond,
Oregon,
Full
Faith
and
Credit
Obligations,
Series
2014A,
5.000%,
6/01/25
6/24
at
100.00
Aa2
357,854
630
Redmond,
Oregon,
Full
Faith
and
Credit
Obligations,
Series
2019B-1,
5.000%,
6/01/36
12/28
at
100.00
Aa2
692,402
500
Rogue
Community
College
District,
Jackson
and
Jospehine
Counties,
Oregon,
General
Obligation
Bonds,
Jackson
County
Service
Area,
Series
2016B,
4.000%,
6/15/31
6/26
at
100.00
Aa1
517,860
2,285
Saint
Helens,
Oregon,
Full
Faith
and
Credit
Obligations,
Series
2021,
4.000%,
8/01/41
8/31
at
100.00
AA
2,276,248
Umatilla
County
School
District
6R
Umatilla,
Oregon,
General
Obligation
Bonds,
Series
2017:
245
0.000%,
6/15/27
(4)
No
Opt.
Call
AA+
260,871
340
0.000%,
6/15/29
(4)
6/27
at
100.00
AA+
364,694
315
0.000%,
6/15/31
(4)
6/27
at
100.00
AA+
337,372
1,260
Washington
and
Clackamas
Counties
School
District
23J
Tigard-Tualatin,
Oregon,
General
Obligation
Bonds,
Series
2017,
5.000%,
6/15/30
6/27
at
100.00
AA+
1,373,173
965
Washington
County
School
District
15,
Forest
Grove,
Oregon,
General
Obligation
Bonds,
Series
2012B,
0.000%,
6/15/25
No
Opt.
Call
AA+
892,278
1,320
Washington
County,
Oregon,
General
Obligation
Bonds,
Full
Faith
&
Credit
Obligation
Series
2016B,
4.000%,
3/01/31
3/26
at
100.00
Aaa
1,368,404
Washington
Multnomah
&
Yamhill
Counties
School
District
1J
Hillsboro,
Oregon,
General
Obligation
Bonds,
Series
2017:
990
5.000%,
6/15/31
6/27
at
100.00
Aa1
1,074,328
3,750
5.000%,
6/15/32
6/27
at
100.00
Aa1
4,058,438
1,450
5.000%,
6/15/34
6/27
at
100.00
Aa1
1,561,983
1,000
Washington,
Clackamas
and
Yamhill
Counties
School
District
88J
Sherwood,
Oregon,
General
Obligation
Bonds,
Series
2017B,
5.000%,
6/15/30
6/27
at
100.00
AA+
1,083,500
Yamhill
County
School
District
40,
McMinnville,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2016:
1,000
4.000%,
6/15/31
6/26
at
100.00
AA+
1,035,720
1,000
4.000%,
6/15/32
6/26
at
100.00
AA+
1,033,970
195
Yamhill
County
School
District
8
Dayton,
Oregon,
General
Obligation
Bonds,
Refunding
&
Project
Series
2019,
5.000%,
6/15/33
6/29
at
100.00
AA+
218,722
Total
Tax
Obligation/General
85,587,179
Tax
Obligation/Limited
-
10.9%
1,000
Beaverton,
Oregon,
Special
Revenue
Bonds,
Series
2020A,
4.000%,
6/01/37
6/30
at
100.00
Aa3
1,015,520
Government
of
Guam,
Business
Privilege
Tax
Bonds,
Refunding
Series
2015D:
2,260
5.000%,
11/15/28
11/25
at
100.00
BB
2,313,765
500
5.000%,
11/15/29
11/25
at
100.00
BB
511,780
Matching
Fund
Special
Purpose
Securitization
Corporation,
Virgin
Islands,
Revenue
Bonds,
Series
2022A:
1,635
5.000%,
10/01/28
No
Opt.
Call
N/R
1,693,648
460
5.000%,
10/01/32
No
Opt.
Call
N/R
474,591
750
Metro,
Oregon,
Dedicated
Tax
Revenue
Bonds,
Oregon
Convention
Center
Hotel,
Series
2017,
5.000%,
6/15/30
6/27
at
100.00
Aa3
806,048
1,270
Oregon
Department
of
Administrative
Services,
State
Lottery
Revenue
Bonds,
Refunding
Series
2014B,
5.000%,
4/01/27
4/24
at
100.00
AAA
1,294,409
2,000
Oregon
State
Department
of
Transportation,
Highway
User
Tax
Revenue
Bonds,
Refunding
Subordinate
Lien
Series
2019A,
5.000%,
11/15/35
11/29
at
100.00
AA+
2,236,580
41
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/Limited
(continued)
$
750
Oregon
State
Department
of
Transportation,
Highway
User
Tax
Revenue
Bonds,
Senior
Lien
Series
2022A,
5.000%,
11/15/35
11/32
at
100.00
AAA
$
878,498
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
2018A-1:
499
0.000%,
7/01/29
7/28
at
98.64
N/R
370,093
2,191
0.000%,
7/01/31
7/28
at
91.88
N/R
1,460,280
1,906
0.000%,
7/01/33
7/28
at
86.06
N/R
1,138,587
616
4.500%,
7/01/34
7/25
at
100.00
N/R
610,789
1,600
Seaside,
Clatsop
County,
Oregon,
Transient
Lodgings
Tax
Revenue
Bonds,
Series
2018,
5.000%,
12/15/30
6/28
at
100.00
A3
1,757,840
1,000
Tri-County
Metropolitan
Transportation
District,
Oregon,
Capital
Grant
Receipt
Revenue
Bonds,
Refunding
Series
2017A,
5.000%,
10/01/27
No
Opt.
Call
A
1,085,180
Tri-County
Metropolitan
Transportation
District,
Oregon,
Capital
Grant
Receipt
Revenue
Bonds,
Series
2018A:
1,000
5.000%,
10/01/31
4/28
at
100.00
A
1,087,250
2,060
4.000%,
10/01/33
4/28
at
100.00
A
2,098,398
Total
Tax
Obligation/Limited
20,833,256
Transportation
-
4.6%
Jackson
County,
Oregon,
Airport
Revenue
Bonds,
Refunding
Series
2016:
395
5.000%,
12/01/30
-
AGM
Insured
6/26
at
100.00
AA
418,384
430
5.000%,
12/01/31
-
AGM
Insured
6/26
at
100.00
AA
455,284
380
5.000%,
12/01/33
-
AGM
Insured
6/26
at
100.00
AA
401,542
350
4.000%,
12/01/34
-
AGM
Insured
6/26
at
100.00
AA
353,696
500
Port
of
Portland,
Oregon,
International
Airport
Revenue
Bonds,
Refunding
Series
2020-26C,
5.000%,
7/01/28,
(AMT)
No
Opt.
Call
AA-
532,790
1,265
Port
of
Portland,
Oregon,
International
Airport
Revenue
Bonds,
Series
2015-23,
5.000%,
7/01/28
7/25
at
100.00
AA-
1,323,380
1,850
Port
of
Portland,
Oregon,
International
Airport
Revenue
Bonds,
Series
2019-25B,
5.000%,
7/01/33,
(AMT)
7/29
at
100.00
AA-
1,992,875
3,040
Port
of
Portland,
Oregon,
International
Airport
Revenue
Bonds,
Series
2022-28,
5.000%,
7/01/34,
(AMT)
7/32
at
100.00
AA-
3,348,682
Total
Transportation
8,826,633
U.S.
Guaranteed
-
2.5%
(5)
500
Central
Oregon
Community
College
District,
Crook,
Jefferson,
Deschutes,
Klamath,
Lake,
and
Wasco
Counties,
Oregon,
General
Obligation
Bonds,
Series
2014,
5.000%,
6/01/29,
(Pre-refunded
6/01/24)
6/24
at
100.00
AA
511,345
Clackamas
County
School
District
62,
Oregon
City,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2014:
325
5.000%,
6/01/29,
(Pre-refunded
6/01/24)
6/24
at
100.00
AA
332,173
255
5.000%,
6/01/29,
(Pre-refunded
6/01/24)
6/24
at
100.00
AA
260,628
300
Marion-Clackamas
Counties
School
District
4J
Silver
Falls,
Oregon,
General
Obligation
Bonds,
Refunding
Series
2013,
5.000%,
6/15/24,
(Pre-refunded
6/15/23)
6/23
at
100.00
Aa1
301,551
Oregon
Facilities
Authority,
Revenue
Bonds,
Reed
College,
Series
2017A:
795
5.000%,
7/01/30,
(Pre-refunded
7/01/27)
7/27
at
100.00
Aa2
865,206
425
4.000%,
7/01/32,
(Pre-refunded
7/01/27)
7/27
at
100.00
Aa2
445,324
Tri-County
Metropolitan
Transportation
District,
Oregon,
Payroll
Tax
Revenue
Bonds,
Senior
Lien
Series
2018A:
1,000
5.000%,
9/01/30,
(Pre-refunded
9/01/27)
9/27
at
100.00
AAA
1,092,210
855
5.000%,
9/01/31,
(Pre-refunded
9/01/27)
9/27
at
100.00
AAA
933,839
Total
U.S.
Guaranteed
4,742,276
Utilities
-
9.2%
Beaverton,
Oregon,
Water
Revenue
Bonds,
Series
2022:
2,090
4.000%,
4/01/35
4/32
at
100.00
AA+
2,230,657
2,150
4.000%,
4/01/36
4/32
at
100.00
AA+
2,252,211
Nuveen
Oregon
Intermediate
Municipal
Bond
Fund
(continued)
Portfolio
of
Investments
February
28,
2023
(Unaudited)
42
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Utilities
(continued)
Central
Lincoln
Peoples
Utility
District,
Oregon,
Electric
Revenue
Bonds,
Series
2016:
$
500
3.500%,
12/01/29
12/25
at
100.00
AA-
$
508,540
350
5.000%,
12/01/33
12/25
at
100.00
AA-
364,214
350
5.000%,
12/01/34
12/25
at
100.00
AA-
364,213
270
Clackamas
River
Water,
Oregon,
Water
Revenue
Bonds,
Series
2016,
5.000%,
11/01/33
5/25
at
100.00
AA
277,755
Guam
Government
Waterworks
Authority,
Water
and
Wastewater
System
Revenue
Bonds,
Series
2016:
1,065
5.000%,
7/01/28
7/26
at
100.00
A-
1,098,356
1,120
5.000%,
7/01/29
7/26
at
100.00
A-
1,155,089
1,180
5.000%,
7/01/30
7/26
at
100.00
A-
1,217,076
1,880
Portland,
Oregon,
Sewer
System
Revenue
Bonds,
Second
Lien
Series
2018A,
4.500%,
5/01/30
5/26
at
100.00
AA
1,956,892
2,500
Portland,
Oregon,
Water
System
Revenue
Bonds,
Refunding
First
Lien
Series
2016A,
4.000%,
4/01/33
4/26
at
100.00
Aa1
2,565,000
2,000
Portland,
Oregon,
Water
System
Revenue
Bonds,
Refunding
First
Lien
Series
2022A,
4.000%,
4/01/35
10/31
at
100.00
AA+
2,111,180
1,000
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2021B,
5.000%,
7/01/29,
144A
No
Opt.
Call
N/R
1,018,720
525
Warm
Springs
Reservation
Confederated
Tribes,
Oregon,
Hydroelectric
Revenue
Bonds,
Tribal
Economic
Development
Bond
Pelton
Round
Butte
Project,
Taxable
Refunding
Green
Series
2019B,
5.000%,
11/01/33,
144A
5/29
at
100.00
A3
578,597
Total
Utilities
17,698,500
Total
Long-Term
Investments
(cost
$192,936,239)
189,570,045
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
SHORT-TERM
INVESTMENTS
-
 0.4%  
X
800,000
MUNICIPAL
BONDS
-
0.4%  
X
800,000
Tax
Obligation/General
-
0.4%
$
800
Oregon
State,
General
Obligation
Bonds,
Veterans'  Welfare
Series
95
of
2015P,
3.580%,
12/01/36,
(Mandatory
Put
3/07/23)
(6)
2/23
at
100.00
AA+
$
800,000
Total
Tax
Obligation/General
$
800,000
Total
Short-Term
Investments
(cost
$800,000)
800,000
Total
Investments
(cost
$193,736,239)
-
99.4%
190,370,045
Other
Assets
&
Liabilities,
Net
-
0.6%
1,159,969
Net
Assets
-
100%
$
191,530,014
43
investments).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Municipal
Bonds
$
$
189,570,045
$
$
189,570,045
Short-Term
Investments:
Municipal
Bonds
800,000
800,000
Total
$
$
190,370,045
$
$
190,370,045
(1)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets.
(2)
Optional
Call
Provisions:
Dates
(month
and
year)
and
prices
of
the
earliest
optional
call
or
redemption.
There
may
be
other
call
provisions
at
varying
prices
at
later
dates.
Certain
mortgage-backed
securities
may
be
subject
to
periodic
principal
paydowns.
(3)
For
financial
reporting
purposes,
the
ratings
disclosed
are
the
highest
of
Standard
&
Poor’s
Group
(“Standard
&
Poor’s”),
Moody’s
Investors
Service,
Inc.
(“Moody’s”)
or
Fitch,
Inc.
(“Fitch”)
rating.
This
treatment
of
split-rated
securities
may
differ
from
that
used
for
other
purposes,
such
as
for
Fund
investment
policies.
Ratings
below
BBB
by
Standard
&
Poor’s,
Baa
by
Moody’s
or
BBB
by
Fitch
are
considered
to
be
below
investment
grade.
Holdings
designated
N/R
are
not
rated
by
any
of
these
national
rating
agencies.
(4)
Step-up
coupon
bond,
a
bond
with
a
coupon
that
increases
("steps
up"),
usually
at
regular
intervals,
while
the
bond
is
outstanding.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(5)
Backed
by
an
escrow
or
trust
containing
sufficient
U.S.
Government
or
U.S.
Government
agency
securities,
which
ensure
the
timely
payment
of
principal
and
interest.
(6)
Investment
has
a
maturity
of
greater
than
one
year,
but
has
variable
rate
and/or
demand
features
which
qualify
it
as
a
short-term
investment.
The
rate
disclosed,
as
well
as
the
reference
rate
and
spread,
where
applicable,
is
that
in
effect
as
of
the
end
of
the
reporting
period.
This
rate
changes
periodically
based
on
market
conditions
or
a
specified
market
index.
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
AMT
Alternative
Minimum
Tax
WI/DD
Purchased
on
a
when-issued
or
delayed
delivery
basis.