NPORT-EX 2 NXR.htm
NXR
Nuveen Select Tax-Free Income Portfolio 3
Portfolio of Investments    December 31, 2020
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 98.6%        
    MUNICIPAL BONDS – 98.2%        
    Alabama – 0.6%        
$1,170   Birmingham, Alabama, General Obligation Convertable Capital Appriciation Bonds, Series 2013A, 5.000%, 3/01/32 (Pre-refunded 3/01/23)   3/23 at 100.00 AA (4) $1,291,809
    Alaska – 1.2%        
2,675   Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, Series 2006A, 5.000%, 6/01/32   1/21 at 100.00 B3 2,714,537
    Arizona – 1.8%        
1,950   Glendale Municipal Property Corporation, Arizona, Excise Tax Revenue Bonds, Subordinate Series 2012C, 4.000%, 7/01/38   1/23 at 100.00 AA 2,062,866
75   Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Paradise Schools Projects, Series 2016, 2.875%, 7/01/21, 144A   No Opt. Call BB+ 75,332
1,000   Phoenix Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Junior Lien Series 2019A, 5.000%, 7/01/49   7/29 at 100.00 A1 1,242,340
500   Phoenix Civic Improvement Corporation, Arizona, Rental Car Facility Charge Revenue Bonds, Series 2019A, 5.000%, 7/01/39   7/29 at 100.00 A3 591,610
3,525   Total Arizona       3,972,148
    California – 24.9%        
    Anaheim Public Financing Authority, California, Lease Revenue Bonds, Public Improvement Project, Series 1997C:        
6,740   0.000%, 9/01/35 –  AGM Insured (ETM)   No Opt. Call AA (4) 5,477,733
5,760   0.000%, 9/01/35 –  AGM Insured   No Opt. Call AA 4,249,555
35   California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020A, 4.000%, 6/01/49   6/30 at 100.00 BBB+ 40,681
50   California Statewide Financing Authority, Tobacco Settlement Asset-Backed Bonds, Pooled Tobacco Securitization Program, Series 2002A, 5.625%, 5/01/29   2/21 at 100.00 Baa1 50,182
2,275   Folsom Cordova Unified School District, Sacramento County, California, General Obligation Bonds, School Facilities Improvement District 4, Series 2007A, 0.000%, 10/01/28 –  NPFG Insured   No Opt. Call AA- 2,084,059
3,370   Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement Asset-Backed Revenue Bonds, Series 2005A, 0.000%, 6/01/28 –  AMBAC Insured   No Opt. Call Aa3 3,124,866
4,055   Kern Community College District, California, General Obligation Bonds, Series 2003A, 0.000%, 3/01/28 –  FGIC Insured   No Opt. Call Aa2 3,749,618
1,160   Mount San Antonio Community College District, Los Angeles County, California, General Obligation Bonds, Election of 2008, Series 2013A, 0.000%, 8/01/43 (5)   8/35 at 100.00 Aa1 1,257,278
11,985   Norwalk La Mirada Unified School District, Los Angeles County, California, General Obligation Bonds, Election 2002, Series 2007C, 0.000%, 8/01/32 –  AGM Insured   No Opt. Call AA 9,910,996
1

NXR Nuveen Select Tax-Free Income Portfolio 3 (continued)
  Portfolio of Investments December 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    California (continued)        
$3,000   Palomar Pomerado Health, California, General Obligation Bonds, Capital Appreciation, Election of 2004, Series 2007A, 0.000%, 8/01/25 –  NPFG Insured   No Opt. Call A2 $2,850,600
8,040   Placentia-Yorba Linda Unified School District, Orange County, California, Certificates of Participation, Series 2006, 0.000%, 10/01/34 –  FGIC Insured (ETM)   No Opt. Call A+ (4) 6,628,578
1,500   Placer Union High School District, Placer County, California, General Obligation Bonds, Series 2004C, 0.000%, 8/01/32 –  AGM Insured   No Opt. Call AA 1,233,330
8,000   Poway Unified School District, San Diego County, California, General Obligation Bonds, School Facilities Improvement District 2007-1, Election 2008 Series 2009A, 0.000%, 8/01/32   No Opt. Call AA- 6,638,480
3,940   Rancho Mirage Redevelopment Agency, California, Tax Allocation Bonds, Combined Whitewater and 1984 Project Areas, Series 2003A, 0.000%, 4/01/35 –  NPFG Insured   No Opt. Call A+ 2,994,203
765   San Diego Association of Governments, California, South Bay Expressway Toll Revenue Bonds, First Senior Lien Series 2017A, 5.000%, 7/01/42   7/27 at 100.00 A 893,428
535   San Diego County Regional Airport Authority, California, Airport Revenue Bonds, Subordinate Series 2019B, 5.000%, 7/01/38 (AMT)   7/29 at 100.00 A+ 672,014
2,525   San Francisco City and County Public Utilities Commission, California, Water Revenue Bonds, Non-WSIP, Series 2017A, 5.000%, 11/01/42 (Pre-refunded 11/01/24)   11/24 at 100.00 Aa2 (4) 2,976,722
63,735   Total California       54,832,323
    Colorado – 2.9%        
500   Centerra Metropolitan District 1, Loveland, Colorado, Special Revenue Bonds, Refunding & Improvement Series 2017, 5.000%, 12/01/22, 144A   No Opt. Call N/R 521,395
790   Colorado School of Mines Board of Trustees, Golden, Colorado, Institutional Enterprise Revenue Bonds, Series 2017B, 5.000%, 12/01/47   12/27 at 100.00 A+ 936,735
1,935   Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2013B, 5.000%, 11/15/43   11/23 at 100.00 A+ 2,120,663
1,295   E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000B, 0.000%, 9/01/32 –  NPFG Insured   No Opt. Call A 1,064,865
490   E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2020A, 5.000%, 9/01/40   9/24 at 100.00 A 558,850
1,000   Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Bonds, Refunding Series 2015A, 5.000%, 12/01/33   12/25 at 100.00 A 1,171,830
6,010   Total Colorado       6,374,338
    Connecticut – 3.6%        
2,290   Connecticut State, General Obligation Bonds, Refunding Series 2012E, 5.000%, 9/15/32   9/22 at 100.00 A1 2,447,140
1,500   Connecticut State, General Obligation Bonds, Refunding Series 2018C, 5.000%, 6/15/26   No Opt. Call A1 1,861,260
1,750   Connecticut State, General Obligation Bonds, Series 2012B, 5.000%, 4/15/21   No Opt. Call A1 1,773,257
1,615   Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes Series 2013A, 5.000%, 10/01/30   10/23 at 100.00 A+ 1,804,246
7,155   Total Connecticut       7,885,903
    District of Columbia – 1.5%        
2,500   Washington Metropolitan Area Transit Authority, District of Columbia, Dedicated Revenue Bonds, Series 2020A, 5.000%, 7/15/45   7/30 at 100.00 AA 3,241,100
2

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Florida – 1.3%        
$390   Greater Orlando Aviation Authority, Florida, Orlando Airport Facilities Revenue Bonds, Priority Subordinated Series 2017, 5.000%, 10/01/47 (AMT)   10/27 at 100.00 A1 $462,766
2,000   Miami-Dade County, Florida, Aviation Revenue Bonds, Refunding Series 2019A, 5.000%, 10/01/49 (AMT)   10/29 at 100.00 A 2,433,960
2,390   Total Florida       2,896,726
    Georgia – 0.5%        
1,035   Brookhaven Development Authority, Georgia, Revenue Bonds, Children's Healthcare of Atlanta, Inc Project, Series 2019A, 4.000%, 7/01/44   7/29 at 100.00 AA+ 1,221,631
    Guam – 1.5%        
1,250   Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D, 5.000%, 11/15/39   11/25 at 100.00 BB 1,407,887
2,000   Government of Guam, Hotel Occupancy Tax Revenue Bonds, Series 2011A, 6.125%, 11/01/31   5/21 at 100.00 BB 2,016,100
3,250   Total Guam       3,423,987
    Hawaii – 0.1%        
190   Hawaii State, Harbor System Revenue Bonds, Series 2020A, 4.000%, 7/01/35 (AMT)   7/30 at 100.00 Aa3 226,706
    Idaho – 1.5%        
3,000   Idaho Health Facilities Authority, Revenue Bonds, Saint Luke's Health System Project, Series 2014A, 5.000%, 3/01/44   3/24 at 100.00 A- 3,312,120
    Illinois – 9.3%        
575   Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2016, 6.000%, 4/01/46   4/27 at 100.00 A- 682,502
295   Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017C, 5.000%, 12/01/30   12/27 at 100.00 BB 339,421
3,900   Chicago Board of Education, Illinois, General Obligation Bonds, Series 1999A, 0.000%, 12/01/28 –  FGIC Insured   No Opt. Call Baa2 3,137,043
260   Illinois Finance Authority, Revenue Bonds, Rehabilitation Institute of Chicago, Series 2013A, 6.000%, 7/01/43   7/23 at 100.00 A- 287,313
655   Illinois Health Facilities Authority, Revenue Bonds, Evangelical Hospitals Corporation, Series 1992C, 6.250%, 4/15/22 (ETM)   2/21 at 100.00 N/R (4) 684,233
2,060   Illinois State, General Obligation Bonds, Refunding September Series 2018B, 5.000%, 10/01/23   No Opt. Call BBB- 2,245,544
1,000   Kankakee & Will Counties Community Unit School District 5, Illinois, General Obligation Bonds, Series 2006, 0.000%, 5/01/23 –  AGM Insured   No Opt. Call Aa3 983,110
    Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 2002A:        
2,500   0.000%, 12/15/30 –  NPFG Insured   No Opt. Call BBB 2,004,900
4,775   0.000%, 12/15/31 –  NPFG Insured   No Opt. Call BBB 3,699,097
5,000   0.000%, 12/15/36 –  NPFG Insured   No Opt. Call BBB 3,232,100
2,000   0.000%, 6/15/37 –  NPFG Insured   No Opt. Call BBB 1,265,260
1,400   Springfield, Illinois, Electric Revenue Bonds, Senior Lien Series 2015, 5.000%, 3/01/28   3/25 at 100.00 A 1,642,788
3

NXR Nuveen Select Tax-Free Income Portfolio 3 (continued)
  Portfolio of Investments December 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Illinois (continued)        
$310   University of Illinois, Health Services Facilities System Revenue Bonds, Series 2013, 6.000%, 10/01/42   10/23 at 100.00 A- $340,888
24,730   Total Illinois       20,544,199
    Indiana – 1.8%        
1,450   Indiana Finance Authority, Hospital Revenue Bonds, Marion General Hospital Project, Series 2020A, 4.000%, 7/01/40   7/30 at 100.00 A 1,647,954
1,250   Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, Series 2015A, 5.000%, 10/01/45   10/24 at 100.00 AA 1,432,250
1,000   Zionsville Community Schools Building Corporation, Boone County, Indiana, First Mortgage Bonds, Series 2005Z, 0.000%, 7/15/28 –  AGM Insured   No Opt. Call AA 919,710
3,700   Total Indiana       3,999,914
    Iowa – 1.0%        
570   Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2016, 5.875%, 12/01/26, 144A   2/21 at 103.00 BB- 588,098
660   Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2018B, 5.250%, 12/01/50 (Mandatory Put 12/01/37)   12/22 at 105.00 BB- 719,512
950   Iowa Tobacco Settlement Authority, Tobacco Asset-Backed Revenue Bonds, Series 2005B, 5.600%, 6/01/34   2/21 at 100.00 B- 962,872
2,180   Total Iowa       2,270,482
    Massachusetts – 6.9%        
2,230   Massachusetts Development Finance Agency, Revenue Bonds, Boston University, Series 2016BB-1, 5.000%, 10/01/46   10/26 at 100.00 AA- 2,623,171
1,000   Massachusetts Development Finance Agency, Revenue Bonds, CareGroup Issue, Refunding Series 2016-I, 5.000%, 7/01/21   No Opt. Call A 1,021,990
1,300   Massachusetts Development Finance Agency, Revenue Bonds, Olin College, Series 2013E, 5.000%, 11/01/43   11/23 at 100.00 A 1,420,601
2,250   Massachusetts Development Finance Agency, Revenue Bonds, Partners HealthCare System, Series 2014M-4, 5.000%, 7/01/44 (Pre-refunded 7/01/23)   7/23 at 100.00 AA- (4) 2,517,390
2,200   Massachusetts School Building Authority, Dedicated Sales Tax Revenue Bonds, Subordinated Series 2019A, 5.000%, 2/15/49   2/26 at 100.00 AA+ 2,627,856
2,180   Massachusetts Water Resources Authority, General Revenue Bonds, Refunding Green Series 2016C, 5.000%, 8/01/40   8/26 at 100.00 AA+ 2,665,093
1,000   Newburyport, Massachusetts, General Obligation Bonds, Municipal Purpose Loan, Refunding Series 2013, 4.000%, 1/15/30   1/23 at 100.00 AAA 1,067,670
    University of Massachusetts Building Authority, Project Revenue Bonds, Senior Series 2014-1:        
210   5.000%, 11/01/39 (Pre-refunded 11/01/24)   11/24 at 100.00 N/R (4) 247,834
955   5.000%, 11/01/39 (Pre-refunded 11/01/24)   11/24 at 100.00 Aa2 (4) 1,100,676
13,325   Total Massachusetts       15,292,281
    Michigan – 1.3%        
355   Detroit Water and Sewerage Department, Michigan, Sewage Disposal System Revenue Bonds, Refunding Senior Lien Series 2012A, 5.250%, 7/01/39 (Pre-refunded 7/01/22)   7/22 at 100.00 AA- (4) 381,973
4

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Michigan (continued)        
$2,000   Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2016-I, 5.000%, 4/15/35   10/26 at 100.00 Aa2 $2,449,760
2,355   Total Michigan       2,831,733
    Nebraska – 1.6%        
250   Madison County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Faith Regional Health Services Project, Series 2018, 5.000%, 7/01/26   7/25 at 100.00 BBB 293,505
2,600   Nebraska Public Power District, General Revenue Bonds, Series 2015A-2, 5.000%, 1/01/40   1/22 at 100.00 A+ 2,704,026
500   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 Aa2 (4) 581,590
3,350   Total Nebraska       3,579,121
    Nevada – 0.2%        
445   Carson City, Nevada, Hospital Revenue Bonds, Carson Tahoe Regional Healthcare Project, Series 2017A, 5.000%, 9/01/37   9/27 at 100.00 A- 528,664
    New Hampshire – 0.5%        
1,000   New Hampshire Business Finance Authority, Solid Waste Disposal Revenue Bonds, Waste Management Inc Project, Series 2003, 3.125%, 8/01/24 (AMT)   No Opt. Call A- 1,091,330
    New Jersey – 3.0%        
1,850   New Jersey Economic Development Authority, Revenue Bonds, New Jersey Transit Corporation Projects Sublease, Refunding Series 2017B, 5.000%, 11/01/23   No Opt. Call Baa1 2,071,889
305   New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A, 5.000%, 7/01/28 –  AGM Insured   7/25 at 100.00 AA 355,615
4,900   New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series 2006C, 0.000%, 12/15/28 –  AMBAC Insured   No Opt. Call Baa1 4,254,180
7,055   Total New Jersey       6,681,684
    New Mexico – 0.5%        
1,000   New Mexico Mortgage Finance Authority, Multifamily Housing Revenue Bonds, St Anthony, Series 2007A, 5.250%, 9/01/42 (AMT)   1/21 at 100.00 N/R 1,009,480
    New York – 1.3%        
1,250   Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Series 2012F, 5.000%, 11/15/26   11/22 at 100.00 A3 1,322,012
1,260   New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2015 Series HH, 5.000%, 6/15/37   6/25 at 100.00 AA+ 1,498,619
2,510   Total New York       2,820,631
    Ohio – 2.8%        
130   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1, 4.000%, 6/01/48   6/30 at 100.00 BBB+ 148,122
5

NXR Nuveen Select Tax-Free Income Portfolio 3 (continued)
  Portfolio of Investments December 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Ohio (continued)        
$360   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2, 5.000%, 6/01/55   6/30 at 100.00 N/R $407,574
3,720   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Senior Lien Series 2007A-3, 6.250%, 6/01/37 (Pre-refunded 6/01/22)   6/22 at 100.00 N/R (4) 4,036,833
1,475   Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Project, Junior Lien Series 2013A-1, 5.000%, 2/15/48 (Pre-refunded 2/15/23)   2/23 at 100.00 Aa3 (4) 1,624,078
1,000   Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2005B, 4.000%, 1/01/34 (6)   No Opt. Call N/R 1,250
6,685   Total Ohio       6,217,857
    Oklahoma – 0.2%        
345   Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B, 5.000%, 8/15/38   8/28 at 100.00 Baa3 410,857
    Oregon – 1.5%        
490   Clackamas County Hospital Facility Authority, Oregon, Senior Living Revenue Bonds, Willamette View Project, Series 2017A, 4.000%, 5/15/22   No Opt. Call N/R 502,353
545   Oregon Facilities Authority, Revenue Bonds, Reed College, Series 2017A, 4.000%, 7/01/41   7/27 at 100.00 Aa2 628,369
1,000   Oregon Facilities Authority, Revenue Bonds, Willamette University, Refunding Series 2016B, 5.000%, 10/01/40   10/26 at 100.00 A- 1,139,560
750   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+ 952,792
2,785   Total Oregon       3,223,074
    Pennsylvania – 4.3%        
1,015   Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2013, 5.000%, 1/01/37   1/24 at 100.00 A+ 1,130,121
2,500   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, State System of Higher Education, Refunding Series 2016AT-1, 5.000%, 6/15/31   6/26 at 100.00 Aa3 3,005,950
4,455   Philadelphia, Pennsylvania, Water and Wastewater Revenue Bonds, Series 2015A, 5.000%, 7/01/40   7/24 at 100.00 A+ 5,026,042
210   Pittsburgh Water and Sewer Authority, Pennsylvania, Water and Sewer System Revenue Bonds, First Lien Series 2020B, 3.000%, 9/01/40 –  AGM Insured   9/30 at 100.00 AA 234,610
8,180   Total Pennsylvania       9,396,723
    Puerto Rico – 2.4%        
945   Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N, 5.250%, 7/01/31 –  AMBAC Insured   No Opt. Call C 1,041,409
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
1,050   4.750%, 7/01/53   7/28 at 100.00 N/R 1,156,533
750   5.000%, 7/01/58   7/28 at 100.00 N/R 837,675
6

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Puerto Rico (continued)        
$2,000   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 $2,172,280
4,745   Total Puerto Rico       5,207,897
    South Carolina – 0.6%        
1,270   South Carolina Transportation Infrastructure Bank, Revenue Bonds, Refunding Series 2015A, 2.900%, 10/01/25   10/24 at 100.00 Aa3 1,361,072
    South Dakota – 0.2%        
400   South Dakota Health and Educational Facilities Authority, Revenue Bonds, Sanford Health, Series 2015, 5.000%, 11/01/35   11/25 at 100.00 A+ 472,992
    Tennessee – 0.4%        
795   Chattanooga Health, Educational and Housing Facility Board, Tennessee, Revenue Bonds, Catholic Health Initiatives, Series 2013A, 5.250%, 1/01/45 (Pre-refunded 1/01/23)   1/23 at 100.00 BBB+ (4) 872,974
    Texas – 9.0%        
85   Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2015A, 5.000%, 1/01/34   7/25 at 100.00 A- 98,648
4,640   Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Frst Tier Series 2013A, 5.500%, 4/01/53 (Pre-refunded 10/01/23)   10/23 at 100.00 A+ (4) 5,308,624
    Harris County-Houston Sports Authority, Texas, Revenue Bonds, Junior Lien Series 2001H:        
1,405   0.000%, 11/15/32 –  NPFG Insured   11/31 at 94.05 Baa2 926,724
2,510   0.000%, 11/15/36 –  NPFG Insured   11/31 at 73.51 Baa2 1,279,196
2,235   Harris County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004A-3, 0.000%, 11/15/32 –  NPFG Insured   11/24 at 62.71 Baa2 1,249,298
    Harris County-Houston Sports Authority, Texas, Special Revenue Bonds, Refunding Senior Lien Series 2001A:        
3,045   0.000%, 11/15/34 –  NPFG Insured   11/30 at 78.27 AA 1,837,779
4,095   0.000%, 11/15/38 –  NPFG Insured   11/30 at 61.17 AA 1,912,406
2,255   Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds, Southwest Airlines Company, Series 2010, 5.250%, 11/01/40   2/21 at 100.00 Baa1 2,264,020
125   Mission Economic Development Corporation, Texas, Revenue Bonds, Natgasoline Project, Senior Lien Series 2018, 4.625%, 10/01/31, 144A (AMT)   10/21 at 105.00 BB- 132,920
290   North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier Capital Appreciation Series 2008I, 6.200%, 1/01/42 –  AGC Insured   1/25 at 100.00 AA 344,813
2,000   Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Series 2012, 5.000%, 12/15/32   12/22 at 100.00 A3 2,136,400
2,410   Texas Turnpike Authority, Central Texas Turnpike System Revenue Bonds, First Tier Series 2002A, 0.000%, 8/15/25 –  AMBAC Insured   No Opt. Call A 2,310,009
25,095   Total Texas       19,800,837
    Virginia – 3.0%        
3,500   Chesapeake, Virginia, Transportation System Senior Toll Road Revenue Bonds, Capital Appreciation Series 2012B, 0.000%, 7/15/32 (5)   7/28 at 100.00 BBB+ 3,695,230
7

NXR Nuveen Select Tax-Free Income Portfolio 3 (continued)
  Portfolio of Investments December 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Virginia (continued)        
$765   Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Refunding & Subordinate Lien Series 2019B, 4.000%, 10/01/44   10/29 at 100.00 A- $868,734
    Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River Crossing, Opco LLC Project, Series 2012:        
410   6.000%, 1/01/37 (AMT)   7/22 at 100.00 BBB 437,126
1,510   5.500%, 1/01/42 (AMT)   7/22 at 100.00 BBB 1,582,087
6,185   Total Virginia       6,583,177
    Washington – 4.4%        
205   Port of Seattle, Washington, Revenue Bonds, Intermediate Lien Series 2019, 5.000%, 4/01/44 (AMT)   4/29 at 100.00 AA- 250,475
1,600   Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 5.000%, 8/01/44   8/29 at 100.00 BBB+ 1,961,888
4,000   Washington Health Care Facilities Authority, Revenue Bonds, Providence Health & Services, Refunding Series 2012A, 5.000%, 10/01/32   10/22 at 100.00 AA- 4,272,000
1,000   Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Series 2018, 5.000%, 7/01/58   7/28 at 100.00 BBB+ 1,166,460
1,725   Washington State, General Obligation Bonds, Various Purpose Series 2015B, 5.000%, 2/01/37   2/25 at 100.00 Aaa 2,018,371
8,530   Total Washington       9,669,194
    Wisconsin – 0.6%        
1,250   Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic, Series 2012B, 5.000%, 2/15/32   2/22 at 100.00 A- 1,300,838
$224,550   Total Municipal Bonds (cost $177,434,411)       216,560,339
    
Shares   Description (1)       Value
    COMMON STOCKS – 0.4%        
    Electric Utilities – 0.4%        
32,258   Energy Harbor Corp (7), (8), (9)       $829,031
    Total Common Stocks (cost $899,914)       829,031
    Total Long-Term Investments (cost $178,334,325)       217,389,370
    
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Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    SHORT-TERM INVESTMENTS – 0.4%        
    MUNICIPAL BONDS – 0.4%        
    Florida – 0.4%        
$1,040   Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project, Variable Rate Demand Obligations, Series 2019A, 6.250%, 1/01/49 (AMT) (Mandatory Put 1/01/24), 144A (10)   3/21 at 103.00 N/R $1,020,365
$1,040   Total Short-Term Investments (cost $1,040,000)       1,020,365
    Total Investments (cost $179,374,325) – 99.0%       218,409,735
    Other Assets Less Liabilities – 1.0%       2,132,271
    Net Assets Applicable to Common Shares  –  100%       $220,542,006
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:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Municipal Bonds $ — $216,560,339 $ — $216,560,339
Common Stocks  — 829,031  — 829,031
Short-Term Investments:        
Municipal Bonds  — 1,020,365  — 1,020,365
Total $ — $218,409,735 $ — $218,409,735
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NXR Nuveen Select Tax-Free Income Portfolio 3 (continued)
  Portfolio of Investments December 31, 2020
  (Unaudited)
(1) All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.  
(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) 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.  
(6) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(7) Common Stock received as part of the bankruptcy settlement for Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2005B, 0.000%, 1/01/34.  
(8) For fair value measurement disclosure purposes, investment classified as Level 2.  
(9) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(10) 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  
10