N-CSRS 1 d827402dncsrs.htm NUVEEN AMT-FREE MUNICIPAL CREDIT INCOME FUND Nuveen AMT-Free Municipal Credit Income Fund

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

 

Investment Company Act file number    811-09475

Nuveen AMT-Free Municipal Credit Income Fund

 

(Exact name of registrant as specified in charter)

Nuveen Investments

333 West Wacker Drive

Chicago, IL 60606

 

(Address of principal executive offices) (Zip code)

Mark L. Winget

Nuveen Investments

333 West Wacker Drive

Chicago, IL 60606

 

(Name and address of agent for service)

 

Registrant’s telephone number, including area code:    (312) 917-7700

 

Date of fiscal year end:    October 31

 

Date of reporting period:    April 30, 2024

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss. 3507.


ITEM 1.

REPORTS TO STOCKHOLDERS.


Closed-End
Funds
Closed-End
Funds
Nuveen
Municipal
April
30,2024
Semi-Annual
Report
This
semi-annual
report
contains
the
Funds'
unaudited financial
statements.
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
NVG
Nuveen
Municipal
Credit
Income
Fund
NZF
Nuveen
Municipal
High
Income
Opportunity
Fund
NMZ
Nuveen
Municipal
Credit
Opportunities
Fund
NMCO
Nuveen
Dynamic
Municipal
Opportunities
Fund
NDMO
2
Table
of
Contents
Important
Notices
3
Fund
Leverage
4
Common
Share
Information
5
About
the
Funds’
Benchmarks
7
Performance
Overview
and
Holding
Summaries
8
Portfolios
of
Investments
18
Statement
of
Assets
and
Liabilities
184
Statement
of
Operations
185
Statement
of
Changes
in
Net
Assets
186
Statement
of
Cash
Flows
189
Financial
Highlights
190
Notes
to
Financial
Statements
198
Risk
Considerations
216
Additional
Fund
Information
217
Glossary
of
Terms
Used
in
this
Report
218
Annual
Investment
Management
Agreement
Approval
Process
219
Important
Notices
3
Portfolio
Manager
Commentaries
in
Semi-annual
Shareholder
Reports
The
Funds
include
portfolio
manager
commentary
in
their
annual
shareholder
reports.
For
the
Funds’
most
recent
annual
portfolio
manager
discussion,
please
refer
to
the
Portfolio
Managers’
Comments
section
of
each
Fund’s
October
31,
2023
annual
shareholder
report.
For
current
information
on
your
Fund’s
investment
objectives,
portfolio
management
team
and
average
annual
total
returns
please
refer
to
the
Fund’s
website
at
www.nuveen.com.
For
changes
that
occurred
to
your
Fund
both
during
and
subsequent
to
this
reporting
period,
please
refer
to
the
Notes
to
Financial
Statements
section
of
this
report.
For
average
annual
total
returns
as
of
the
end
of
this
reporting
period,
please
refer
to
the
Performance
Overview
and
Holding
Summaries
section
within
this
report.
Management
Fees
As
of
May
1,
2024,
each
Fund’s
overall
complex-level
fee
begins
at
a
maximum
rate
of
0.1600%
of
each
Fund’s
average
daily
net
assets,
with
breakpoints
for
eligible
complex-level
assets
above
$124.3
billion.
Therefore,
the
maximum
management
fee
rate
for
each
Fund
is
the
fund-level
fee
listed
within
this
report
plus
0.1600%.
Refer
to
the
Notes
to
Financial
Statements
within
this
report
for
further
details
on
the
Funds’
management
fees.
4
Fund
Leverage
IMPACT
OF
THE
FUNDS’
LEVERAGE
STRATEGY
ON
PERFORMANCE
One
important
factor
impacting
the
returns
of
the
Funds’
common
shares
relative
to
their
comparative
benchmarks
was
the
Funds’
use
of
leverage
through
their
issuance
of
preferred
shares
and/or
investments
in
inverse
floating
rate
securities,
which
represent
leveraged
investments
in
underlying
bonds.
The
Funds
use
leverage
because
our
research
has
shown
that,
over
time,
leveraging
provides
opportunities
for
additional
income.
The
opportunity
arises
when
short-term
rates
that
a
Fund
pays
on
its
leveraging
instruments
are
lower
than
the
interest
the
Fund
earns
on
its
portfolio
of
long-term
bonds
that
it
has
bought
with
the
proceeds
of
that
leverage.
However,
use
of
leverage
can
expose
Fund
common
shares
to
additional
price
volatility.
When
a
Fund
uses
leverage,
the
Fund’s
common
shares
will
experience
a
greater
increase
in
their
net
asset
value
if
the
securities
acquired
through
the
use
of
leverage
increase
in
value,
but
will
also
experience
a
correspondingly
larger
decline
in
their
net
asset
value
if
the
securities
acquired
through
leverage
decline
in
value.
All
this
will
make
the
shares’
total
return
performance
more
variable
over
time.
In
addition,
common
share
income
in
levered
funds
will
typically
decrease
in
comparison
to
unlevered
funds
when
short-term
interest
rates
increase
and
increase
when
short-term
interest
rates
decrease.
In
recent
quarters,
fund
leverage
expenses
have
generally
tracked
the
overall
movement
of
short-term
interest
rates.
While
fund
leverage
expenses
are
higher
than
their
prior
year
lows,
leverage
nevertheless
continues
to
provide
the
opportunity
for
incremental
common
share
income,
particularly
over
longer-term
periods.
The
Funds'
use
of
leverage
significantly
contributed
to
relative
performance
during
the
reporting
period.
As
of
April
30,
2024,
the
Funds’
percentages
of
leverage
are
as
shown
in
the
accompanying
table.
i
THE
FUNDS’
REGULATORY
LEVERAGE
As
of
April
30,
2024,
the
Funds
have
issued
and
outstanding
preferred
shares
as
shown
in
the
accompanying
table.
Refer
to
Notes
to
Financial
Statements
for
further
details
on
preferred
shares
and
each
Fund’s
respective
transactions.
NVG
NZF
NMZ
NMCO
NDMO
Effective
Leverage
*
40.74%
39.44%
39.65%
41.16%
28.37%
Regulatory
Leverage
*
37.98%
33.45%
22.70%
39.69%
27.00%
*
Effective
Leverage
is
a
Fund’s
effective
economic
leverage,
and
includes
both
regulatory
leverage
and
the
leverage
effects
of
certain
derivative
and
other
investments
in
a
Fund’s
portfolio
that
increase
the
Fund’s
investment
exposure.
Currently,
the
leverage
effects
of
Tender
Option
Bond
(TOB)
inverse
floater
holdings
are
included
in
effective
leverage
values,
in
addition
to
any
regulatory
leverage.
Regulatory
leverage
consists
of
preferred
shares
issued
or
borrowings
of
a
Fund.
Both
of
these
are
part
of
a
Fund’s
capital
structure.
A
Fund,
however,
may
from
time
to
time
borrow
on
a
typically
transient
basis
in
connection
with
its
day-to-day
operations,
primarily
in
connection
with
the
need
to
settle
portfolio
trades.
Such
incidental
borrowings
are
excluded
from
the
calculation
of
a
Fund’s
effective
leverage
ratio.
Regulatory
leverage
is
subject
to
asset
coverage
limits
set
forth
in
the
Investment
Company
Act
of
1940.
Variable
Rate
Preferred*
Variable
Rate
Remarketed
Preferred**
Fund
Shares
Issued
at
Liquidation
Preference
Shares
Issued
at
Liquidation
Preference
Total
NVG
$67,400,000
$1,686,600,000
$1,754,000,000
NZF
  $
1,172,000,000
$146,000,000
$1,318,000,000
NMZ
$357,000,000
$-
$357,000,000
NMCO
$315,000,000
$100,000,000
$415,000,000
NDMO
$240,000,000
$-
$240,000,000
*
Preferred
shares
of
the
Fund
featuring
a
floating
rate
dividend
based
on
a
predetermined
formula
or
spread
to
an
index
rate.
Includes
the
following
preferred
shares
AMTP,
iMTP
,
MFP-VRM
and
VRDP
in
Special
Rate
Mode,
where
applicable.
See
Notes
to
Financial
Statements
for
further
details.
**
Preferred
shares
of
the
Fund
featuring
floating
rate
dividends
set
by
a
remarketing
agent
via
a
regular
remarketing.
Includes
the
following
preferred
shares
VRDP
not
in
Special
Rate
Mode,
MFP-VRRM
and
MFP-VRDM,
where
applicable.
See
Notes
to
Financial
Statements
for
further
details.
Common
Share
Information
5
NVG,
NZF,
NMZ
and
NMCO
COMMON
SHARE
DISTRIBUTION
INFORMATION
The
following
information
regarding
the
distributions
for
NVG,
NZF,
NMZ
and
NMCO
are
current
as
of
April
30,
2024.
Each
Fund’s
distribution
levels
may
vary
over
time
based
on
each
Fund’s
investment
activity
and
portfolio
investments
value
changes.
During
the
current
reporting
period,
each
Fund’s
distributions
to
common
shareholders
were
as
shown
in
the
accompanying
table.
NVG,
NZF,
NMZ
and
NMCO
sought
to
pay
regular
monthly
dividends
out
of
their
net
investment
income
at
a
rate
that
reflected
their
past
and
projected
net
income
performance.
To
permit
each
Fund
to
maintain
a
more
stable
monthly
dividend,
the
Fund
paid
dividends
at
a
rate
that
may
be
more
or
less
than
the
amount
of
net
income
actually
earned
by
the
Fund
during
the
period.
Distributions
to
common
shareholders
are
determined
on
a
tax
basis,
which
may
differ
from
amounts
recorded
in
the
accounting
records.
In
instances
where
the
monthly
dividend
exceeds
the
earned
net
investment
income,
the
Fund
would
report
a
negative
undistributed
net
ordinary
income.
Refer
to
Notes
to
Financial
Statements
for
additional
information
regarding
the
amounts
of
undistributed
net
ordinary
income
and
undistributed
net
long-term
capital
gains
and
the
character
of
the
actual
distributions
paid
by
the
Fund
during
the
period.
NDMO
made
regular
cash
distributions
to
shareholders
of
a
stated
dollar
amount
per
share.
Subject
to
approval
and
oversight
by
the
Board
of
Trustees,
the
Fund
sought
to
maintain
a
stable
distribution
level
designed
to
deliver
the
long-term
return
potential
of
the
Fund’s
investment
strategy
through
regular
distributions
(a
“Managed
Distribution
Program”).
The
practice
of
maintaining
a
stable
distribution
level
had
no
material
effect
on
the
Fund’s
investment
strategy
during
the
most
recent
fiscal
period
and
is
not
expected
to
have
such
an
effect
in
future
periods,
however,
distributions
in
excess
of
Fund
returns
would
cause
its
NAV
per
share
to
erode.
For
additional
information,
refer
to
the
Notes
to
Financial
Statements
herein.
Effective
for
distributions
payable
on
December
1,
2023,
(December
29,
2023
for
NDMO)
each
Fund’s
distribution
policy,
which
may
be
changed
by
the
Board,
is
to
make
regular
monthly
cash
distributions
to
holders
of
its
common
shares
(stated
in
terms
of
a
fixed
cents
per
common
share
dividend
distribution
rate
which
may
be
set
from
time
to
time).
The
Fund
intends
to
distribute
all
or
substantially
all
of
its
net
investment
income
each
year
through
its
regular
monthly
distribution
and
to
distribute
realized
capital
gains
at
least
annually.
In
addition,
in
any
monthly
period,
to
maintain
its
declared
per
common
share
distribution
amount,
the
Fund
may
distribute
more
or
less
than
its
net
investment
income
during
the
period.
In
the
event
the
Fund
distributes
more
than
its
net
investment
income
during
any
yearly
period,
such
distributions
may
also
include
realized
gains
and/or
a
return
of
capital.
To
the
extent
that
a
distribution
includes
a
return
of
capital
the
NAV
per
share
may
erode.
If
the
Fund’s
distribution
includes
anything
other
than
net
investment
income,
the
Fund
will
provide
a
notice
to
shareholders
of
its
best
estimate
of
the
distribution
sources
at
that
the
time
of
the
distribution.
These
estimates
may
not
match
the
final
tax
characterization
(for
the
full
year’s
distributions)
contained
in
shareholders’
1099-DIV
forms
after
the
end
of
the
year.
NUVEEN
CLOSED-END
FUND
DISTRIBUTION
AMOUNTS
The
Nuveen
Closed-End
Funds’
monthly
and
quarterly
periodic
distributions
to
shareholders
are
posted
on
www.nuveen.com
and
can
be
found
on
Nuveen’s
enhanced
closed-end
fund
resource
page,
which
is
at
https://www.nuveen.com/resource-center-closedend
funds,
along
with
other
Nuveen
closed-end
fund
product
updates.
To
ensure
timely
access
to
the
latest
information,
shareholders
may
use
a
subscribe
function,
which
can
be
activated
at
this
web
page
(https://www.nuveen.com/subscriptions).
Per
Common
Share
Amounts
Monthly
Distributions
(Ex-Dividend
Date)
NVG
NZF
NMZ
NMCO
November
$0.0505
$0.0515
$0.0425
$0.0455
December
0.0505
0.0515
0.0425
0.0455
January
0.0505
0.0515
0.0425
0.0455
February
0.0505
0.0515
0.0425
0.0455
March
0.0575
0.0575
0.0475
0.0500
April
0.0575
0.0575
0.0475
0.0500
Total
Distributions
from
Net
Investment
Income
$0.3170
$0.3210
$0.2650
$0.2820
Yields
NVG
NZF
NMZ
NMCO
Market
Yield
1
5.97%
5.90%
5.54%
5.92%
Taxable-Equivalent
Yield
1
10.08%
9.97%
9.22%
9.93%
1
Market
Yield
is
based
on
the
Fund’s
current
annualized
monthly
dividend
divided
by
the
Fund’s
current
market
price
as
of
the
end
of
the
reporting
period.
Taxable-
Equivalent
Yield
represents
the
yield
that
must
be
earned
on
a
fully
taxable
investment
in
order
to
equal
the
yield
of
the
Fund
on
an
after-tax
basis.
It
is
based
on
a
federal
income
tax
rate
of
40.8%.
Your
actual
federal
income
tax
rate
may
differ
from
the
assumed
rate.
The
Taxable-Equivalent
Yield
also
takes
into
account
the
percentage
of
the
Fund’s
income
generated
and
paid
by
the
Fund
(based
on
payments
made
during
the
previous
calendar
year)
that
was
not
exempt
from
federal
income
tax.
Separately,
if
the
comparison
were
instead
to
investments
that
generate
qualified
dividend
income,
which
is
taxable
at
a
rate
lower
than
an
individual’s
ordinary
graduated
tax
rate,
the
fund’s
Taxable-Equivalent
Yield
would
be
lower.
6
Common
Share
Information
(continued)
COMMON
SHARE
EQUITY
SHELF
PROGRAMS
During
the
current
reporting
period,
NVG,
NMZ,
NMCO
and
NDMO were
authorized
by
the
Securities
and
Exchange
Commission
to
issue
additional
common
shares
through
an
equity
shelf
program
(Shelf
Offering).
Under
these
programs,
NVG,
NMZ,
NMCO
and
NDMO,
subject
to
market
conditions,
may
raise
additional
capital
from
time
to
time
in
varying
amounts
and
offering
methods
at
a
net
price
at
or
above
the
Fund's
NAV
per
common
share.
The
maximum
aggregate
offering under
these
Shelf
Offerings
are
as
shown
in
the
accompanying
table.
During
the
current
reporting
period,
NVG,
NMZ,
NMCO
and
NDMO
did
not
sell
any
common
shares
through
their
Shelf
Offerings.
Refer
to
Notes
to
Financial
Statements,
for
further
details
of
Shelf
Offerings
and
each
Fund’s
transactions.
COMMON
SHARE
REPURCHASES
The
Funds’
Board
of
Trustees
reauthorized
an
open-market
share
repurchase
program,
allowing
each
Fund
to
repurchase
and
retire
an
aggregate
of
up
to
approximately
10%
of
its
outstanding
common
shares.
During
the
current
reporting
period,
the
Funds
did
not
repurchase
any
of
their
outstanding
common
shares.
As
of
April
30,
2024,
(and
since
the
inception
of
the
Funds’
repurchase
programs),
each
Fund
has
cumulatively
repurchased
and
retired
its
outstanding
common
shares
as
shown
in
the
accompanying
table.
OTHER
COMMON
SHARE
INFORMATION
As
of
April
30,
2024,
the
Funds’
common
share
prices
were
trading
at
a
premium/(discount)
to
their
common
share
NAVs
and
trading
at
an
average
premium/(discount)
to
NAV
during
the
current
reporting
period,
as
follows:
NVG
NMZ*
NMCO
NDMO
Maximum
aggregate
offering
Unlimited
Unlimited
$90,000,000
$250,000,000
*
The
Fund
carried
forward
13,340,607
common
shares
from
the
19,500,000
additional
previously
authorized
common
shares.
NVG
NZF
NMZ
NMCO
NDMO
Common
shares
repurchased
and
retired
202,500
67,500
0
0
0
Common
shares
authorized
for
repurchase
21,350,000
19,370,000
11,050,000
5,480,000
5,955,000
NVG
NZF
NMZ
NMCO
NDMO
Common
share
NAV
$13.41
$13.54
$11.00
$11.51
$10.89
Common
share
price
$11.55
$11.69
$10.29
$10.14
$10.68
Premium/(Discount)
to
NAV
(13.87)%
(13.66)%
(6.45)%
(11.90)%
(1.93)%
Average
premium/(discount)
to
NAV
(13.98)%
(13.65)%
(8.39)%
(10.73)%
(4.63)%
About
the
Funds’
Benchmarks
7
S&P
Municipal
Bond
High
Yield
Index:
An
index
designed
to
measure
the
performance
of
tax-exempt
high
yield
municipal
bonds.
Index
returns
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges
or
management
fees.
S&P
Municipal
Bond
Index
:
An
index
designed
to
measure
the
performance
of
the
tax-exempt
U.S.
municipal
bond
market.
Index
returns
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges
or
management
fees.
S&P
Municipal
Bond
Investment
Grade
Index:
An
index
designed
to
measure
the
performance
of
tax-exempt
investment
grade
municipal
bonds.
Index
returns
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges
or
management
fees.
S&P
Municipal
Yield
Index:
An
index
that
is
structured
so
that
70%
of
the
index
consists
of
bonds
that
are
either
not
rated
or
are
rated
below
investment
grade,
20%
are
rated
BBB/Baa,
and
10%
are
rated
single
A.
Index
returns
assume
reinvestment
of
distributions,
but
do
not
reflect
any
applicable
sales
charges
or
management
fees.
8
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
Performance
Overview
and
Holding
Summaries
April
30,
2024
NVG
Refer
to
the
Glossary
of
Terms
Used
in
this
Report
for
further
definition
of
the
terms
used
within
this
section.
Fund
Performance*
*
For
purposes
of
Fund
performance,
relative
results
are
measured
against
the
NVG
Blended
Benchmark.
The
Fund’s
Blended
Benchmark
consists
of:
1)
60%
S&P
Municipal
Bond
Investment
Grade
Index
and
2)
40%
S&P
Municipal
Bond
High
Yield
Index.
The
Fund’s
performance
was
measured
against
the
S&P
Municipal
Bond
Index
through
April
10,
2016.
Performance
data
shown
represents
past
performance
and
does
not
predict
or
guarantee
future
results.
Current
per-
formance
may
be
higher
or
lower
than
the
data
shown.
Returns
do
not
reflect
the
deduction
of
taxes
that
shareholders
may
have
to
pay
on
Fund
distributions
or
upon
the
sale
of
Fund
shares.
Returns
at
NAV
are
net
of
Fund
expenses,
and
assume
reinvestment
of
distributions.
Comparative
index
return
information
is
provided
for
the
Fund’s
shares
at
NAV
only.
Indexes
are
not
available
for
direct
investment.
Daily
Common
Share
NAV
and
Share
Price
Total
Returns
as
of
April
30,
2024
Cumulative
Average
Annual
Inception
Date
6-Month
1-Year
5-Year
10-Year
NVG
at
Common
Share
NAV
3/25/02
16.39%
3.29%
0.79%
3.65%
NVG
at
Common
Share
Price
3/25/02
18.29%
2.89%
(0.53)%
3.76%
S&P
Municipal
Bond
Index
—
7.14%
2.35%
1.38%
2.46%
NVG
Blended
Benchmark
—
8.73%
3.84%
1.95%
3.09%
9
Holdings
Summaries
as
of
April
30,
2024
This
data
relates
to
the
securities
held
in
the
Fund’s
portfolio
of
investments
as
of
the
end
of
the
reporting
period.
It
should
not
be
construed
as
a
measure
of
performance
for
the
Fund
itself.
Holdings
are
subject
to
change.
The
ratings
disclosed
are
the
lowest
rating
given
by
one
of
the
following
national
rating
agencies:
Standard
&
Poor’s
Group,
Moody’s
Investors
Service,
Inc.
or
Fitch,
Inc.
Credit
ratings
are
subject
to
change.
AAA,
AA,
A
and
BBB
are
investment
grade
ratings;
BB,
B,
CCC,
CC,
C
and
D
are
below-investment
grade
ratings.
Holdings
designated
N/R
are
not
rated
by
these
national
rating
agencies.
Fund
Allocation
(%
of
net
assets)
Municipal
Bonds
163
.8‌
%
Common
Stocks
1
.6‌
%
Short-Term
Municipal
Bonds
1
.8‌
%
Other
Assets
&
Liabilities,
Net
1.1%
Floating
Rate
Obligations
(7.2)%
MFP
Shares,
Net
(
18
.0‌
)
%
VRDP
Shares,
Net
(
43
.1‌
)
%
Net
Assets
100‌
%
Portfolio
Credit
Quality
(%
of
total
investment
exposure)
U.S.
Guaranteed
6.2%
AAA
7.0%
AA
19.4%
A
22.3%
BBB
16.5%
BB
or
Lower
10.4%
N/R
(not
rated)
17.2%
N/A
(not
applicable)
1.0%
Total
100‌
%
Portfolio
Composition
(%
of
total
investments)
Tax
Obligation/Limited
19.0%
Health
Care
13.9%
Tax
Obligation/General
12.0%
Utilities
10.2%
Transportation
9.8%
Education
and
Civic
Organizations
9.0%
Housing/Single
Family
7.2%
Other
17.9%
Common
Stocks
1.0%
Total
100%
States
and
Territories
1
(%
of
total
municipal
bonds)
Illinois
14.0%
Texas
8.3%
California
7.2%
New
York
6.0%
Colorado
5.4%
Ohio
5.4%
Puerto
Rico
4.4%
New
Jersey
3.5%
Pennsylvania
2.8%
Connecticut
2.8%
Wisconsin
2.8%
Georgia
2.5%
Florida
2.4%
District
of
Columbia
2.2%
Michigan
2.0%
Indiana
1.8%
Massachusetts
1.7%
South
Carolina
1.6%
North
Dakota
1.4%
Rhode
Island
1.4%
Arizona
1.3%
Alabama
1.3%
Kentucky
1.2%
Minnesota
1.2%
Idaho
1.2%
Other
14.2%
Total
100%
1
See
the
Portfolio
of
Investments
for
the
remaining
states
comprising
"Other"
and
not
listed
in
the
table
above.
10
Nuveen
Municipal
Credit
Income
Fund
Performance
Overview
and
Holding
Summaries
April
30,
2024
NZF
Refer
to
the
Glossary
of
Terms
Used
in
this
Report
for
further
definition
of
the
terms
used
within
this
section.
Fund
Performance*
*
For
purposes
of
Fund
performance,
relative
results
are
measured
against
the
NZF
Blended
Benchmark.
The
Fund’s
Blended
Benchmark
consists
of:
1)
60%
S&P
Municipal
Bond
Investment
Grade
Index
and
2)
40%
S&P
Municipal
Bond
High
Yield
Index.
The
Fund’s
performance
was
measured
against
the
S&P
Municipal
Bond
Index
through
April
10,
2016.
Performance
data
shown
represents
past
performance
and
does
not
predict
or
guarantee
future
results.
Current
per-
formance
may
be
higher
or
lower
than
the
data
shown.
Returns
do
not
reflect
the
deduction
of
taxes
that
shareholders
may
have
to
pay
on
Fund
distributions
or
upon
the
sale
of
Fund
shares.
Returns
at
NAV
are
net
of
Fund
expenses,
and
assume
reinvestment
of
distributions.
Comparative
index
return
information
is
provided
for
the
Fund’s
shares
at
NAV
only.
Indexes
are
not
available
for
direct
investment.
Daily
Common
Share
NAV
and
Share
Price
Total
Returns
as
of
April
30,
2024
Cumulative
Average
Annual
Inception
Date
6-Month
1-Year
5-Year
10-Year
NZF
at
Common
Share
NAV
9/25/01
15.88%
4.02%
1.20%
3.91%
NZF
at
Common
Share
Price
9/25/01
18.91%
5.33%
(0.55)%
4.07%
S&P
Municipal
Bond
Index
—
7.14%
2.35%
1.38%
2.46%
NZF
Blended
Benchmark
—
8.73%
3.84%
1.95%
3.09%
11
Holdings
Summaries
as
of
April
30,
2024
This
data
relates
to
the
securities
held
in
the
Fund’s
portfolio
of
investments
as
of
the
end
of
the
reporting
period.
It
should
not
be
construed
as
a
measure
of
performance
for
the
Fund
itself.
Holdings
are
subject
to
change.
The
ratings
disclosed
are
the
lowest
rating
given
by
one
of
the
following
national
rating
agencies:
Standard
&
Poor’s
Group,
Moody’s
Investors
Service,
Inc.
or
Fitch,
Inc.
Credit
ratings
are
subject
to
change.
AAA,
AA,
A
and
BBB
are
investment
grade
ratings;
BB,
B,
CCC,
CC,
C
and
D
are
below-investment
grade
ratings.
Holdings
designated
N/R
are
not
rated
by
these
national
rating
agencies.
Fund
Allocation
(%
of
net
assets)
Municipal
Bonds
158
.5‌
%
Common
Stocks
3
.7‌
%
Other
Assets
&
Liabilities,
Net
2.4%
Floating
Rate
Obligations
(14.5)%
MFP
Shares,
Net
(
24
.4‌
)
%
VRDP
Shares,
Net
(
25
.7‌
)
%
Net
Assets
100‌
%
Portfolio
Credit
Quality
(%
of
total
investment
exposure)
U.S.
Guaranteed
3.1%
AAA
1.1%
AA
13.1%
A
32.0%
BBB
22.4%
BB
or
Lower
13.4%
N/R
(not
rated)
14.9%
Total
100‌
%
Portfolio
Composition
(%
of
total
investments)
Health
Care
23.2%
Transportation
21.9%
Tax
Obligation/Limited
20.3%
Tax
Obligation/General
11.5%
Utilities
7.8%
U.S.
Guaranteed
3.1%
Industrials
3.1%
Other
6.8%
Common
Stocks
2.3%
Total
100%
States
and
Territories
1
(%
of
total
municipal
bonds)
Illinois
14.2%
California
13.1%
New
York
10.9%
Texas
6.9%
Ohio
5.8%
Colorado
5.1%
Florida
4.9%
New
Jersey
4.9%
Puerto
Rico
4.5%
Pennsylvania
4.5%
Virginia
2.6%
South
Carolina
2.1%
Washington
2.1%
Georgia
1.6%
Oklahoma
1.5%
Wisconsin
1.4%
North
Dakota
1.3%
Minnesota
1.2%
Louisiana
1.2%
Michigan
1.0%
Other
9.2%
Total
100%
1
See
the
Portfolio
of
Investments
for
the
remaining
states
comprising
"Other"
and
not
listed
in
the
table
above.
12
Nuveen
Municipal
High
Income
Opportunity
Fund
Performance
Overview
and
Holding
Summaries
as
of
April
30,
2024
NMZ
Refer
to
the
Glossary
of
Terms
Used
in
this
Report
for
further
definition
of
the
terms
used
within
this
section.
Fund
Performance*
*
For
purposes
of
Fund
performance,
relative
results
are
measured
against
the
S&P
Municipal
Yield
Index.
Performance
data
shown
represents
past
performance
and
does
not
predict
or
guarantee
future
results.
Current
per-
formance
may
be
higher
or
lower
than
the
data
shown.
Returns
do
not
reflect
the
deduction
of
taxes
that
shareholders
may
have
to
pay
on
Fund
distributions
or
upon
the
sale
of
Fund
shares.
Returns
at
NAV
are
net
of
Fund
expenses,
and
assume
reinvestment
of
distributions.
Comparative
index
return
information
is
provided
for
the
Fund’s
shares
at
NAV
only.
Indexes
are
not
available
for
direct
investment.
Daily
Common
Share
NAV
and
Share
Price
Total
Returns
as
of
April
30,
2024
Cumulative
Average
Annual
Inception
Date
6-Month
1-Year
5-Year
10-Year
NMZ
at
Common
Share
NAV
11/19/03
18.83%
3.57%
1.13%
4.08%
NMZ
at
Common
Share
Price
11/19/03
26.18%
0.50%
(0.13)%
3.59%
S&P
Municipal
Yield
Index
—
11.60%
5.83%
2.63%
4.23%
13
Holdings
Summaries
as
of
April
30,
2024
This
data
relates
to
the
securities
held
in
the
Fund’s
portfolio
of
investments
as
of
the
end
of
the
reporting
period.
It
should
not
be
construed
as
a
measure
of
performance
for
the
Fund
itself.
Holdings
are
subject
to
change.
The
ratings
disclosed
are
the
lowest
rating
given
by
one
of
the
following
national
rating
agencies:
Standard
&
Poor’s
Group,
Moody’s
Investors
Service,
Inc.
or
Fitch,
Inc.
Credit
ratings
are
subject
to
change.
AAA,
AA,
A
and
BBB
are
investment
grade
ratings;
BB,
B,
CCC,
CC,
C
and
D
are
below-investment
grade
ratings.
Holdings
designated
N/R
are
not
rated
by
these
national
rating
agencies.
Fund
Allocation
(%
of
net
assets)
Municipal
Bonds
154
.2‌
%
Common
Stocks
3
.9‌
%
Corporate
Bonds
0
.0‌
%
Variable
Rate
Senior
Loan
Interests
0
.0‌
%
Short-Term
Municipal
Bonds
1
.3‌
%
Other
Assets
&
Liabilities,
Net
5.3%
Floating
Rate
Obligations
(35.4)%
AMTP
Shares,
Net
(
29
.3‌
)
%
Net
Assets
100‌
%
Portfolio
Credit
Quality
(%
of
total
investment
exposure)
U.S.
Guaranteed
0.7%
AAA
1.2%
AA
8.2%
A
18.6%
BBB
12.8%
BB
or
Lower
8.4%
N/R
(not
rated)
47.6%
N/A
(not
applicable)
2.5%
Total
100‌
%
Portfolio
Composition
(%
of
total
investments)
Tax
Obligation/Limited
29.6%
Transportation
18.0%
Health
Care
11.1%
Education
and
Civic
Organizations
10.6%
Tax
Obligation/General
7.2%
Housing/Multifamily
5.4%
Industrials
4.6%
Other
11.0%
Common
Stocks
2.5%
Corporate
Bonds
0.0%
Variable
Rate
Senior
Loan
Interests
0.0%
Total
100%
States
and
Territories
1
(%
of
total
municipal
bonds)
Florida
11.7%
Illinois
11.5%
Colorado
9.3%
California
8.7%
New
York
8.0%
Puerto
Rico
6.3%
Wisconsin
5.6%
Texas
4.3%
Missouri
2.7%
Ohio
2.7%
New
Jersey
2.6%
Arizona
2.5%
Virginia
2.4%
Michigan
2.0%
Alabama
1.9%
Kentucky
1.7%
District
of
Columbia
1.7%
Washington
1.3%
South
Carolina
1.2%
Iowa
1.2%
Indiana
1.1%
Oklahoma
1.1%
Pennsylvania
1.1%
Nebraska
0.7%
Louisiana
0.7%
Other
6.0%
Total
100%
1
See
the
Portfolio
of
Investments
for
the
remaining
states
comprising
"Other"
and
not
listed
in
the
table
above.
14
Nuveen
Municipal
Credit
Opportunities
Fund
Performance
Overview
and
Holding
Summaries
as
of
April
30,
2024
NMCO
Refer
to
the
Glossary
of
Terms
Used
in
this
Report
for
further
definition
of
the
terms
used
within
this
section.
Fund
Performance*
*
For
purposes
of
Fund
performance,
relative
results
are
measured
against
the
S&P
Municipal
Yield
Index.
Performance
data
shown
represents
past
performance
and
does
not
predict
or
guarantee
future
results.
Current
per-
formance
may
be
higher
or
lower
than
the
data
shown.
Returns
do
not
reflect
the
deduction
of
taxes
that
shareholders
may
have
to
pay
on
Fund
distributions
or
upon
the
sale
of
Fund
shares.
Returns
at
NAV
are
net
of
Fund
expenses,
and
assume
reinvestment
of
distributions.
Comparative
index
return
information
is
provided
for
the
Fund’s
shares
at
NAV
only.
Indexes
are
not
available
for
direct
investment.
Daily
Common
Share
NAV
and
Share
Price
Total
Returns
as
of
April
30,
2024
Cumulative
Average
Annual
Inception
Date
6-Month
1-Year
Since
Inception
NMCO
at
Common
Share
NAV
9/16/19
17.24%
1.33%
(0.62)%
NMCO
at
Common
Share
Price
9/16/19
20.22%
(3.31)%
(3.07)%
S&P
Municipal
Yield
Index
—
11.60%
5.83%
1.90%
15
Holdings
Summaries
as
of
April
30,
2024
This
data
relates
to
the
securities
held
in
the
Fund’s
portfolio
of
investments
as
of
the
end
of
the
reporting
period.
It
should
not
be
construed
as
a
measure
of
performance
for
the
Fund
itself.
Holdings
are
subject
to
change.
The
ratings
disclosed
are
the
lowest
rating
given
by
one
of
the
following
national
rating
agencies:
Standard
&
Poor’s
Group,
Moody’s
Investors
Service,
Inc.
or
Fitch,
Inc.
Credit
ratings
are
subject
to
change.
AAA,
AA,
A
and
BBB
are
investment
grade
ratings;
BB,
B,
CCC,
CC,
C
and
D
are
below-investment
grade
ratings.
Holdings
designated
N/R
are
not
rated
by
these
national
rating
agencies.
Fund
Allocation
(%
of
net
assets)
Municipal
Bonds
146
.6‌
%
Common
Stocks
9
.0‌
%
Variable
Rate
Senior
Loan
Interests
0
.0‌
%
Other
Assets
&
Liabilities,
Net
14.3%
Floating
Rate
Obligations
(4.2)%
MFP
Shares,
Net
(
65
.7‌
)
%
Net
Assets
100‌
%
Portfolio
Credit
Quality
(%
of
total
investment
exposure)
U.S.
Guaranteed
0.2%
AA
2.2%
A
8.5%
BBB
10.5%
BB
or
Lower
16.2%
N/R
(not
rated)
56.6%
N/A
(not
applicable)
5.8%
Total
100‌
%
Portfolio
Composition
(%
of
total
investments)
Tax
Obligation/Limited
26.2%
Education
and
Civic
Organizations
15.0%
Transportation
11.8%
Consumer
Staples
7.4%
Long-Term
Care
7.1%
Tax
Obligation/General
6.8%
Industrials
6.3%
Health
Care
5.5%
Other
8.1%
Common
Stocks
5.8%
Variable
Rate
Senior
Loan
Interests
0.0%
Total
100%
States
and
Territories
1
(%
of
total
municipal
bonds)
Florida
10.8%
Illinois
10.1%
Colorado
10.0%
Wisconsin
9.0%
New
York
7.3%
Ohio
5.1%
California
4.6%
Puerto
Rico
4.5%
Texas
3.5%
Alabama
3.2%
Georgia
2.5%
Pennsylvania
2.4%
District
of
Columbia
2.4%
New
Jersey
2.4%
Arizona
2.2%
Virgin
Islands
2.0%
Utah
1.8%
Virginia
1.6%
Louisiana
1.5%
Arkansas
1.4%
Idaho
1.0%
Kansas
1.0%
Alaska
0.8%
Tennessee
0.8%
Missouri
0.8%
Other
7.3%
Total
100%
1
See
the
Portfolio
of
Investments
for
the
remaining
states
comprising
"Other"
and
not
listed
in
the
table
above.
16
Nuveen
Dynamic
Municipal
Opportunities
Fund
Performance
Overview
and
Holding
Summaries
as
of
April
30,
2024
NDMO
Refer
to
the
Glossary
of
Terms
Used
in
this
Report
for
further
definition
of
the
terms
used
within
this
section.
Fund
Performance*
*
For
purposes
of
Fund
performance,
relative
results
are
measured
against
the
S&P
Municipal
Bond
Index.
Performance
data
shown
represents
past
performance
and
does
not
predict
or
guarantee
future
results.
Current
per-
formance
may
be
higher
or
lower
than
the
data
shown.
Returns
do
not
reflect
the
deduction
of
taxes
that
shareholders
may
have
to
pay
on
Fund
distributions
or
upon
the
sale
of
Fund
shares.
Returns
at
NAV
are
net
of
Fund
expenses,
and
assume
reinvestment
of
distributions.
Comparative
index
return
information
is
provided
for
the
Fund’s
shares
at
NAV
only.
Indexes
are
not
available
for
direct
investment.
Daily
Common
Share
NAV
and
Share
Price
Total
Returns
as
of
April
30,
2024
Cumulative
Average
Annual
Inception
Date
6-Month
1-Year
Since
Inception
NDMO
at
Common
Share
NAV
8/26/20
14.93%
5.77%
(2.12)%
NDMO
at
Common
Share
Price
8/26/20
21.33%
7.98%
(2.44)%
S&P
Municipal
Yield
Index
—
11.60%
5.83%
1.48%
S&P
Municipal
Bond
Index
—
7.14%
2.35%
(0.09)%
17
Holdings
Summaries
as
of
April
30,
2024
This
data
relates
to
the
securities
held
in
the
Fund’s
portfolio
of
investments
as
of
the
end
of
the
reporting
period.
It
should
not
be
construed
as
a
measure
of
performance
for
the
Fund
itself.
Holdings
are
subject
to
change.
The
ratings
disclosed
are
the
lowest
rating
given
by
one
of
the
following
national
rating
agencies:
Standard
&
Poor’s
Group,
Moody’s
Investors
Service,
Inc.
or
Fitch,
Inc.
Credit
ratings
are
subject
to
change.
AAA,
AA,
A
and
BBB
are
investment
grade
ratings;
BB,
B,
CCC,
CC,
C
and
D
are
below-investment
grade
ratings.
Holdings
designated
N/R
are
not
rated
by
these
national
rating
agencies.
Fund
Allocation
(%
of
net
assets)
Municipal
Bonds
123
.8‌
%
U.S.
Government
and
Agency
Obligations
4
.5‌
%
Corporate
Bonds
1
.9‌
%
Common
Stocks
0
.1‌
%
Variable
Rate
Senior
Loan
Interests
0
.0‌
%
Short-Term
Municipal
Bonds
0
.8‌
%
Other
Assets
&
Liabilities,
Net
8.4%
Floating
Rate
Obligations
(2.6)%
MFP
Shares,
Net
(
36
.9‌
)
%
Net
Assets
100‌
%
Portfolio
Credit
Quality
(%
of
total
investment
exposure)
AAA
1.0%
AA
20.6%
A
18.5%
BBB
7.7%
BB
or
Lower
12.5%
N/R
(not
rated)
39.7%
Total
100‌
%
Portfolio
Composition
(%
of
total
investments)
Tax
Obligation/Limited
25.8%
Transportation
16.6%
Utilities
12.8%
Education
and
Civic
Organizations
12.2%
Tax
Obligation/General
7.7%
Health
Care
7.2%
Industrials
5.2%
Other
7.5%
U.S.
Government
and
Agency
Obligations
3.5%
Corporate
Bonds
1.4%
Common
Stocks
0.1%
Variable
Rate
Senior
Loan
Interests
0.0%
Total
100%
States
and
Territories
1
(%
of
total
municipal
bonds)
New
York
16.1%
Colorado
13.9%
Florida
9.1%
Texas
6.4%
California
6.1%
Arizona
5.3%
Alabama
5.1%
Illinois
4.4%
Puerto
Rico
4.0%
Wisconsin
3.8%
Pennsylvania
3.2%
Indiana
2.1%
Nebraska
1.7%
Tennessee
1.5%
District
of
Columbia
1.4%
Arkansas
1.4%
Michigan
1.3%
Washington
1.1%
Minnesota
1.0%
Georgia
0.9%
Ohio
0.8%
Missouri
0.8%
New
Mexico
0.8%
Virginia
0.8%
Louisiana
0.7%
Other
6.3%
Total
100%
1
See
the
Portfolio
of
Investments
for
the
remaining
states
comprising
"Other"
and
not
listed
in
the
table
above.
18
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
Portfolio
of
Investments
April
30,
2024
(Unaudited)
NVG
vb
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
LONG-TERM
INVESTMENTS
-
165.4% 
(98.9%
of
Total
Investments)
X
–
MUNICIPAL
BONDS
-
163.8%
(97.9%
of
Total
Investments)
X
4,690,795,609
Alabama
-
2.2%
(1.3%
of
Total
Investments)
$
3,645
(c)
Alabama
Private
Colleges
and
University
Facilities
Authority,
Limited
Obligation
Bonds,
University
of
Mobile
Project,
Series
2015A,
6.000%,
9/01/45
9/25
at
100.00
$
3,662,646
2,060
Birmingham-Jefferson
Civic
Center
Authority,
Alabama,
Special
Tax
Bonds,
Series
2018A,
4.000%,
7/01/43
7/28
at
100.00
1,963,707
7,500
Black
Belt
Energy
Gas
District,
Alabama,
Gas
Project
Revenue
Bonds,
Prepay
Morgan
Stanley
Series
2022C-1,
5.250%,
2/01/53,
(Mandatory
Put
6/01/29)
3/29
at
100.15
7,828,882
2,285
Jefferson
County,
Alabama,
Sewer
Revenue
Warrants,
Series
2024,
5.250%,
10/01/49
10/33
at
100.00
2,407,714
30,730
Lower
Alabama
Gas
District,
Alabama,
Gas
Project
Revenue
Bonds,
Series
2016A,
5.000%,
9/01/46
No
Opt.
Call
31,658,307
8,100
Mobile
Spring
Hill
College
Educational
Building
Authority,
Alabama,
Revenue
Bonds,
Spring
Hill
College
Project,
Series
2015,
5.875%,
4/15/45
4/25
at
100.00
6,029,027
The
Improvement
District
of
the
City
of
Mobile
-
McGowin
Park
Project,
Alabama,
Sales
Tax
Revenue
Bonds,
Series
2016A
:
1,000
5.250%,
8/01/30
8/26
at
100.00
957,146
1,300
5.500%,
8/01/35
8/26
at
100.00
1,234,189
Tuscaloosa
County
Industrial
Development
Authority,
Alabama,
Gulf
Opportunity
Zone
Bonds,
Hunt
Refining
Project,
Refunding
Series
2019A
:
2,914
(c)
4.500%,
5/01/32
5/24
at
100.00
2,911,808
4,220
(c)
5.250%,
5/01/44
5/29
at
100.00
4,229,173
Total
Alabama
62,882,599
Alaska
-
0.6%
(0.3%
of
Total
Investments)
2,000
Alaska
Housing
Finance
Corporation,
Mortgage
Revenue
Bonds,
General
Series
2024A-II,
4.700%,
12/01/49
6/33
at
100.00
2,001,508
Northern
Tobacco
Securitization
Corporation,
Alaska,
Tobacco
Settlement
Asset-Backed
Bonds,
Senior
Series
2021A
Class
1
:
4,490
4.000%,
6/01/41
6/31
at
100.00
4,354,531
8,100
4.000%,
6/01/50
6/31
at
100.00
7,320,256
915
Northern
Tobacco
Securitization
Corporation,
Alaska,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2021B-1
Class
2,
4.000%,
6/01/50
6/31
at
100.00
916,656
14,045
Northern
Tobacco
Securitization
Corporation,
Alaska,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2021B-2
Class
2,
0.000%,
6/01/66
6/31
at
30.73
1,722,168
Total
Alaska
16,315,119
Arizona
-
2.2%
(1.3%
of
Total
Investments)
5,000
Arizona
Board
of
Regents,
Arizona
State
University
System
Revenue
Bonds,
Green
Series
2024A,
5.000%,
7/01/50,
(WI/DD)
7/34
at
100.00
5,356,697
1,475
(c)
Arizona
Industrial
Development
Authority,
Arizona,
Education
Facility
Revenue
Bonds,
Basis
Schools,
Inc.
Projects,
Series
2017D,
5.000%,
7/01/47
7/27
at
100.00
1,386,294
6,290
(c)
Arizona
Industrial
Development
Authority,
Arizona,
Education
Revenue
Bonds,
Academies
of
Math
&
Science
Projects,
Series
2019,
5.000%,
7/01/54
7/29
at
100.00
5,794,362
3,260
(c)
Arizona
Industrial
Development
Authority,
Education
Facility
Revenue
Bonds,
Caurus
Academy
Project,
Series
2018A,
6.375%,
6/01/39
6/28
at
100.00
3,392,967
19
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Arizona
(continued)
$
3,142
(c),(d)
Cahava
Springs
Revitalization
District,
Cave
Creek,
Arizona,
Special
Assessment
Bonds,
Series
2017A,
7.000%,
7/01/41
7/27
at
100.00
$
2,419,491
1,350
(c)
Maricopa
County
Industrial
Development
Authority,
Arizona,
Education
Revenue
Bonds,
Legacy
Traditional
Schools
Projects,
Series
2021A,
4.000%,
7/01/56
7/31
at
100.00
1,019,744
Maricopa
County
Industrial
Development
Authority,
Arizona,
Education
Revenue
Bonds,
Legacy
Traditional
Schools
Projects,
Taxable
Series
2019B
:
1,730
(c)
5.000%,
7/01/49
7/29
at
100.00
1,617,214
1,975
(c)
5.000%,
7/01/54
7/29
at
100.00
1,819,374
800
Maricopa
County
Industrial
Development
Authority,
Arizona,
Education
Revenue
Bonds,
Reid
Traditional
School
Projects,
Series
2016,
5.000%,
7/01/47
7/26
at
100.00
780,243
Phoenix
Civic
Improvement
Corporation,
Arizona,
Revenue
Bonds,
Civic
Plaza
Expansion
Project,
Series
2005B
:
6,000
5.500%,
7/01/37
-
FGIC
Insured
No
Opt.
Call
7,309,148
8,755
5.500%,
7/01/39
-
FGIC
Insured
No
Opt.
Call
10,687,296
Phoenix
Industrial
Development
Authority,
Arizona,
Education
Facility
Revenue
Bonds,
Basis
Schools,
Inc.
Projects,
Series
2016A
:
620
(c)
5.000%,
7/01/35
7/25
at
100.00
621,973
1,025
(c)
5.000%,
7/01/46
7/25
at
100.00
970,924
Pima
County
Industrial
Development
Authority,
Arizona,
Education
Facility
Revenue
Bonds,
Edkey
Charter
Schools
Project,
Series
2016
:
1,130
5.250%,
7/01/36
7/26
at
100.00
1,131,616
1,850
5.375%,
7/01/46
7/26
at
100.00
1,778,952
2,135
5.500%,
7/01/51
7/26
at
100.00
2,053,171
2,920
(c)
Pima
County
Industrial
Development
Authority,
Arizona,
Education
Facility
Revenue
Bonds,
Edkey
Charter
Schools
Project,
Series
2019,
5.875%,
7/01/51
7/26
at
103.00
2,926,833
3,050
(c)
Pima
County
Industrial
Development
Authority,
Arizona,
Education
Facility
Revenue
Bonds,
San
Tan
Montessori
School
Project,
Series
2017,
6.750%,
2/01/50
2/28
at
100.00
3,123,325
Salt
Verde
Financial
Corporation,
Arizona,
Senior
Gas
Revenue
Bonds,
Citigroup
Energy
Inc
Prepay
Contract
Obligations,
Series
2007
:
6,120
5.000%,
12/01/32
No
Opt.
Call
6,439,948
2,365
5.000%,
12/01/37
No
Opt.
Call
2,515,435
Total
Arizona
63,145,007
Arkansas
-
0.6%
(0.4%
of
Total
Investments)
Arkansas
Development
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Series
2024A
:
1,000
4.600%,
7/01/49,
(WI/DD)
7/33
at
100.00
994,498
1,000
4.650%,
1/01/54,
(WI/DD)
7/33
at
100.00
1,003,211
Arkansas
Development
Finance
Authority,
Tobacco
Settlement
Revenue
Bonds,
Arkansas
Cancer
Research
Center
Project,
Series
2006
:
2,635
0.000%,
7/01/36
-
AMBAC
Insured
No
Opt.
Call
1,576,461
20,480
0.000%,
7/01/46
-
AMBAC
Insured
No
Opt.
Call
6,743,896
8,425
Springdale,
Arkansas,
Sales
and
Use
Tax
Revenue
Bonds,
Refunding
&
Improvement
Series
2023B,
4.125%,
8/01/50
-
BAM
Insured
2/30
at
100.00
8,133,821
Total
Arkansas
18,451,887
California
-
11.7%
(7.0%
of
Total
Investments)
6,135
Alhambra
Unified
School
District,
Los
Angeles
County,
California,
General
Obligation
Bonds,
Capital
Appreciation
Series
2009B,
0.000%,
8/01/30
-
AGC
Insured
No
Opt.
Call
4,999,338
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
20
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
(continued)
Anaheim
Public
Financing
Authority,
California,
Lease
Revenue
Bonds,
Public
Improvement
Project,
Series
1997C
:
$
6,820
(e)
0.000%,
9/01/35
-
AGM
Insured,
(ETM)
No
Opt.
Call
$
4,668,385
5,795
0.000%,
9/01/35
-
AGM
Insured
No
Opt.
Call
3,892,239
4,100
Antelope
Valley
Healthcare
District,
California,
Revenue
Bonds,
Series
2016A,
5.000%,
3/01/41
3/26
at
100.00
3,877,235
3,875
Bakersfield
City
School
District,
Kern
County,
California,
General
Obligation
Bonds,
Election
2016
Series
2022C,
2.500%,
11/01/46
-
BAM
Insured
11/31
at
100.00
2,653,405
1,650
California
Community
Choice
Financing
Authority,
Clean
Energy
Project
Revenue
Bonds,
Green
Series
2023C,
5.250%,
1/01/54,
(Mandatory
Put
10/01/31)
10/30
at
100.65
1,722,253
2,325
(c)
California
Community
Housing
Agency,
California,
Essential
Housing
Revenue
Bonds,
Fountains
at
Emerald
Park,
Senior
Lien
Series
2021A-1,
3.000%,
8/01/56
8/31
at
100.00
1,618,403
2,000
(c)
California
Community
Housing
Agency,
California,
Essential
Housing
Revenue
Bonds,
Summit
at
Sausalito
Apartments,
Series
2021A-1,
3.000%,
2/01/57
8/32
at
100.00
1,363,541
310
California
County
Tobacco
Securitization
Agency,
Tobacco
Settlement
Asset-Backed
Bonds,
Los
Angeles
County
Securitization
Corporation,
Series
2020B-1,
5.000%,
6/01/49
6/30
at
100.00
315,185
50,460
California
County
Tobacco
Securitization
Agency,
Tobacco
Settlement
Asset-Backed
Bonds,
Los
Angeles
County
Securitization
Corporation,
Series
2020B-2,
0.000%,
6/01/55
6/30
at
26.72
9,719,832
1,500
California
County
Tobacco
Securitization
Agency,
Tobacco
Settlement
Bonds,
Gold
Country
Settlement
Funding
Corporation,
Senior
Series
2020A,
4.000%,
6/01/49
12/30
at
100.00
1,422,477
12,940
(f)
California
Educational
Facilities
Authority,
Revenue
Bonds,
Stanford
University
Series
2019V-1,
5.000%,
5/01/49,
(UB)
No
Opt.
Call
14,946,062
5,000
(f)
California
Educational
Facilities
Authority,
Revenue
Bonds,
Stanford
University
Series
2019V-1,
5.000%,
5/01/49
No
Opt.
Call
5,775,140
10,000
California
Educational
Facilities
Authority,
Revenue
Bonds,
Stanford
University
Series
2021V-2,
5.000%,
4/01/51
No
Opt.
Call
11,525,598
8,300
(f)
California
Educational
Facilities
Authority,
Revenue
Bonds,Stanford
University,
Refunding
Series
2014U-6,
5.000%,
5/01/45,
(UB)
No
Opt.
Call
9,709,068
1,000
California
Health
Facilities
Financing
Authority,
Revenue
Bonds,
Stanford
Hospitals
and
Clinics,
Series
2015A,
5.000%,
8/15/54
8/25
at
100.00
1,007,077
California
Municipal
Finance
Authority,
Charter
School
Revenue
Bonds,
Palmdale
Aerospace
Academy
Project,
Series
2016A
:
3,065
(c)
5.000%,
7/01/31
7/26
at
100.00
3,100,489
1,000
(c)
5.000%,
7/01/36
7/26
at
100.00
1,004,611
555
(c)
5.000%,
7/01/41
7/26
at
100.00
541,843
195
(c)
5.000%,
7/01/46
7/26
at
100.00
186,187
California
Municipal
Finance
Authority,
Education
Revenue
Bonds,  American
Heritage
Foundation
Project,
Series
2016A
:
260
5.000%,
6/01/36
6/26
at
100.00
262,145
435
5.000%,
6/01/46
6/26
at
100.00
416,043
3,000
(c)
California
Municipal
Finance
Authority,
Revenue
Bonds,
Simpson
University,
Series
2020A,
6.000%,
10/01/50
10/27
at
103.00
3,026,785
5,425
(c)
California
Pollution
Control
Financing
Authority,
Water
Furnishing
Revenue
Bonds,
San
Diego
County
Water
Authoriity
Desalination
Project
Pipeline,
Refunding
Series
2019,
5.000%,
11/21/45
1/29
at
100.00
5,512,544
2,050
California
Public
Finance
Authority,
Revenue
Bonds,
Henry
Mayo
Newhall
Hospital,
Series
2017,
5.000%,
10/15/47
10/26
at
100.00
1,974,899
21
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
(continued)
$
735
(c)
California
School
Finance
Authority,
Charter
School
Revenue
Bonds,
Downtown
College
Prep
-
Obligated
Group,
Series
2016,
5.000%,
6/01/46
6/26
at
100.00
$
696,403
715
(c)
California
School
Finance
Authority,
Charter
School
Revenue
Bonds,
Rocketship
Education
Obligated
Group,
Series
2016A,
5.000%,
6/01/36
6/25
at
100.00
717,132
570
(c)
California
School
Finance
Authority,
Charter
School
Revenue
Bonds,
Rocketship
Education
Obligated
Group,
Series
2017A,
5.125%,
6/01/47
6/26
at
100.00
556,781
80
California
State,
General
Obligation
Bonds,
Series
2002,
5.000%,
10/01/32
-
NPFG
Insured
5/24
at
100.00
80,046
5
California
State,
General
Obligation
Bonds,
Series
2004,
5.000%,
4/01/31
-
AMBAC
Insured
5/24
at
100.00
5,003
6,290
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2014A,
5.500%,
12/01/54
12/24
at
100.00
6,309,544
63,130
(c)
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2016A,
5.250%,
12/01/56
6/26
at
100.00
63,432,424
7,130
(c)
California
Statewide
Communities
Development
Authority,
California,
Revenue
Bonds,
Loma
Linda
University
Medical
Center,
Series
2018A,
5.500%,
12/01/58
6/28
at
100.00
7,264,424
4,000
(e)
California
Statewide
Communities
Development
Authority,
Revenue
Bonds,
Huntington
Memorial
Hospital,
Refunding
Series
2014B,
4.000%,
7/01/39,
(Pre-refunded
7/01/24)
7/24
at
100.00
4,001,396
California
Statewide
Community
Development
Authority,
Revenue
Bonds,
Daughters
of
Charity
Health
System,
Series
2005A
:
16
(d),(g)
5.750%,
7/01/30
1/22
at
100.00
16,298
47
(d),(g)
5.750%,
7/01/35
1/22
at
100.00
47,035
5,000
(e)
Clovis
Unified
School
District,
Fresno
County,
California,
General
Obligation
Bonds,
Series
2001A,
0.000%,
8/01/25
-
FGIC
Insured,
(ETM)
No
Opt.
Call
4,783,837
5,330
(c)
CMFA
Special
Finance
Agency
VII,
California,
Essential
Housing
Revenue
Bonds,
Senior
Lien
Series
2021A-1,
3.000%,
8/01/56
8/31
at
100.00
3,548,825
4,000
(c)
CMFA
Special
Finance
Agency,
California,
Essential
Housing
Revenue
Bonds,
Latitude
33,
Senior
Series
2021A-1,
3.000%,
12/01/56
12/31
at
100.00
2,759,304
3,410
Coachella
Valley
Unified
School
District,
Riverside
County,
California,
General
Obligation
Bonds,
Election
2005
Series
2010C,
0.000%,
8/01/33
-
AGM
Insured
No
Opt.
Call
2,461,774
14,375
Corona-Norco
Unified
School
District,
Riverside
County,
California,
General
Obligation
Bonds,
Capital
Appreciation,
Election
2006
Refunding
Series
2009C,
0.000%,
8/01/39
-
AGM
Insured
No
Opt.
Call
7,300,937
2,000
(c)
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
777
Place-Pomona,
Senior
Lien
Series
2021A-1,
3.600%,
5/01/47
5/32
at
100.00
1,646,088
5,000
(c)
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
777
Place-Pomona,
Senior
Lien
Series
2021A-2,
3.250%,
5/01/57
5/32
at
100.00
3,457,628
5,000
(c)
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Escondido
Portfolio,
Social
Senior
Lien
Series
2021A-2,
4.000%,
6/01/58
6/31
at
100.00
3,727,491
4,720
(c)
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Moda
at
Monrovia
Station,
Social
Series
2021A-1,
3.400%,
10/01/46
10/31
at
100.00
3,752,210
15,985
(c)
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Monterrey
Station
Apartments,
Senior
Lien
Series
2021A-
1,
3.125%,
7/01/56
7/32
at
100.00
10,553,022
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
22
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
(continued)
$
5,000
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Pasadena
Portfolio
Social
Bond,
Series
2021A-2,
3.000%,
12/01/56
12/31
at
100.00
$
3,449,130
2,475
(c)
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Vineyard
Gardens
Apartments,
Senior
Lien
Series
2021A,
3.250%,
10/01/58
4/32
at
100.00
1,670,378
12,500
CSCDA
Community
Improvement
Authority,
California,
Essential
Housing
Revenue
Bonds,
Wood
Creek
Apartments,
Mezzanine
Lien
Series
2021A-
2,
4.000%,
12/01/58
6/32
at
100.00
9,260,530
El
Rancho
Unified
School
District,
Los
Angeles
County,
California,
General
Obligation
Bonds,
Election
2010
Series
2011A
:
2,615
6.900%,
8/01/31
-
AGM
Insured
8/28
at
100.00
3,017,996
3,600
7.050%,
8/01/34
-
AGM
Insured
8/28
at
100.00
4,172,241
Foothill/Eastern
Transportation
Corridor
Agency,
California,
Toll
Road
Revenue
Bonds,
Refunding
Senior
Lien
Series
2015A
:
3,960
0.000%,
1/15/34
-
AGM
Insured
No
Opt.
Call
2,798,563
5,000
0.000%,
1/15/35
-
AGM
Insured
No
Opt.
Call
3,396,172
910
Foothill/Eastern
Transportation
Corridor
Agency,
California,
Toll
Road
Revenue
Bonds,
Refunding
Series
2013A,
6.850%,
1/15/42
1/31
at
100.00
1,078,608
4,595
Foothill/Eastern
Transportation
Corridor
Agency,
California,
Toll
Road
Revenue
Bonds,
Refunding
Term
Rate
Sub-Series
2013B-1,
3.500%,
1/15/53
7/29
at
100.00
3,785,913
7,860
Golden
State
Tobacco
Securitization
Corporation,
California,
Tobacco
Settlement
Asset-Backed
Bonds,
Capital
Appreciation
Series
2021B-2,
0.000%,
6/01/66
12/31
at
27.75
798,127
1,825
Golden
State
Tobacco
Securitization
Corporation,
California,
Tobacco
Settlement
Asset-Backed
Revenue
Bonds,
Series
2022A-1,
5.000%,
6/01/51
12/31
at
100.00
1,887,734
Kern
Community
College
District,
California,
General
Obligation
Bonds,
Safety,
Repair
&
Improvement,
Election
2002
Series
2006
:
5,600
0.000%,
11/01/24
-
AGM
Insured
No
Opt.
Call
5,500,611
5,795
0.000%,
11/01/25
-
AGM
Insured
No
Opt.
Call
5,496,143
1,075
Lincoln
Public
Financing
Authority,
Placer
County,
California,
Twelve
Bridges
Limited
Obligation
Revenue
Bonds,
Refunding
Series
2011A,
4.375%,
9/02/25
-
AGM
Insured
5/24
at
100.00
1,075,798
7,575
(h)
Mount
San
Antonio
Community
College
District,
Los
Angeles
County,
California,
General
Obligation
Bonds,
Election
of
2008,
Series
2013A,
0.000%,
8/01/43
8/35
at
100.00
7,258,268
3,310
M-S-R
Energy
Authority,
California,
Gas
Revenue
Bonds,
Citigroup
Prepay
Contracts,
Series
2009B,
6.500%,
11/01/39
No
Opt.
Call
4,132,627
Oceanside
Unified
School
District,
San
Diego
County,
California,
General
Obligation
Bonds,
Capital
Appreciation,
2008
Election
Series
2009A
:
3,960
0.000%,
8/01/26
-
AGC
Insured
No
Opt.
Call
3,655,997
605
(e)
0.000%,
8/01/26
-
AGC
Insured,
(ETM)
No
Opt.
Call
561,212
540
(e)
0.000%,
8/01/26
-
AGC
Insured,
(ETM)
No
Opt.
Call
500,917
530
(e)
0.000%,
8/01/26
-
AGC
Insured,
(ETM)
No
Opt.
Call
491,641
270
(e)
0.000%,
8/01/26
-
AGC
Insured,
(ETM)
No
Opt.
Call
250,458
1,715
0.000%,
8/01/28
-
AGC
Insured
No
Opt.
Call
1,481,176
225
(e)
0.000%,
8/01/28
-
AGC
Insured,
(ETM)
No
Opt.
Call
197,099
170
(e)
0.000%,
8/01/28
-
AGC
Insured,
(ETM)
No
Opt.
Call
148,920
110
(e)
0.000%,
8/01/28
-
AGC
Insured,
(ETM)
No
Opt.
Call
96,360
3,905
Orange
County,
California,
Special
Tax
Bonds,
Community
Facilities
District
2015-1
Esencia
Village,
Series
2015A,
4.250%,
8/15/38
8/25
at
100.00
3,874,532
23
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
California
(continued)
Palo
Alto,
California,
Certificates
of
Participation,
Public
Safety
Building,
Series
2021
:
$
2,560
2.000%,
11/01/42
11/30
at
100.00
$
1,686,979
1,940
2.125%,
11/01/44
11/30
at
100.00
1,257,683
3,700
Palomar
Pomerado
Health,
California,
General
Obligation
Bonds,
Capital
Appreciation,
Election
of
2004,
Series
2007A,
0.000%,
8/01/25
-
NPFG
Insured
No
Opt.
Call
3,504,903
7,935
Palomar
Pomerado
Health,
California,
General
Obligation
Bonds,
Series
2009A,
7.000%,
8/01/38
-
AGC
Insured
8/29
at
100.00
9,022,842
9,145
Pittsburg
Redevelopment
Agency,
California,
Tax
Allocation
Bonds,
Los
Medanos
Community
Development
Project,
Series
1999,
0.000%,
8/01/30
-
AMBAC
Insured
No
Opt.
Call
7,302,658
San
Clemente,
California,
Special
Tax
Revenue
Bonds,
Community
Facilities
District
2006-1
Marblehead
Coastal,
Series
2015
:
480
5.000%,
9/01/40
9/25
at
100.00
484,648
905
5.000%,
9/01/46
9/25
at
100.00
911,446
San
Joaquin
Hills
Transportation
Corridor
Agency,
Orange
County,
California,
Toll
Road
Revenue
Bonds,
Refunding
Senior
Lien
Series
2014A
:
2,680
(e)
5.000%,
1/15/44,
(Pre-refunded
1/15/25)
1/25
at
100.00
2,709,642
8,275
(e)
5.000%,
1/15/50,
(Pre-refunded
1/15/25)
1/25
at
100.00
8,366,525
3,400
San
Mateo
County
Community
College
District,
California,
General
Obligation
Bonds,
Series
2006C,
0.000%,
9/01/30
-
NPFG
Insured
No
Opt.
Call
2,761,052
4,340
San
Ysidro
School
District,
San
Diego
County,
California,
General
Obligation
Bonds,
1997
Election
Series
2012G,
0.000%,
8/01/34
-
AGM
Insured
No
Opt.
Call
2,942,800
Santa
Ana
Financing
Authority,
California,
Lease
Revenue
Bonds,
Police
Administration
and
Housing
Facility,
Series
1994A
:
1,265
(e)
6.250%,
7/01/24,
(ETM)
No
Opt.
Call
1,269,640
1,265
6.250%,
7/01/24
No
Opt.
Call
1,269,576
605
(c)
Temecula
Public
Financing
Authority,
California,
Special
Tax
Bonds,
Community
Facilities
District
16-01,
Series
2017,
6.250%,
9/01/47
9/27
at
100.00
628,943
Total
California
336,514,874
Colorado
-
9.0%
(5.4%
of
Total
Investments)
4,300
Aerotropolis
Regional
Transportation
Authority,
Colorado,
Special
Revenue
Bonds,
Series
2021,
4.375%,
12/01/52
12/26
at
103.00
3,524,676
850
Aviation
Station
North
Metropolitan
District
2,
Denver
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Refunding
&
Improvement
Series
2019A,
5.000%,
12/01/39
9/24
at
103.00
805,734
Base
Village
Metropolitan
District
2,
Colorado,
General
Obligation
Bonds,
Refunding
Series
2016A
:
806
5.500%,
12/01/36
5/24
at
101.00
807,992
1,175
5.750%,
12/01/46
5/24
at
101.00
1,171,274
700
Brighton
Crossing
Metropolitan
District
4,
Colorado,
General
Obligation
Bonds,
Limited
Tax
Convertible
to
Unlimited
Tax,
Series
2017A,
5.000%,
12/01/47
5/24
at
102.00
656,203
3,410
Canyons
Metropolitan
District
5,
Douglas
County,
Colorado,
Limited
Tax
General
Obligation
and
Special
Revenue
Bonds,
Refunding
&
Improvement
Series
2017A,
6.125%,
12/01/47
5/24
at
102.00
3,367,784
1,690
Canyons
Metropolitan
District
6,
Douglas
County,
Colorado,
Limited
Tax
General
Obligation
and
Special
Revenue
Bonds,
Refunding
&
Improvement
Series
2017A,
6.125%,
12/01/47
5/24
at
102.00
1,654,773
Centerra
Metropolitan
District
1,
Loveland,
Colorado,
Special
Revenue
Bonds,
Refunding
&
Improvement
Series
2017
:
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
24
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Colorado
(continued)
$
1,140
(c)
5.000%,
12/01/37
5/24
at
102.00
$
1,094,406
5,465
(c)
5.000%,
12/01/47
5/24
at
102.00
4,909,738
4,475
Centerra
Metropolitan
District
1,
Loveland,
Colorado,
Special
Revenue
Bonds,
Refunding
&
Improvement
Series
2020A,
5.000%,
12/01/51
12/25
at
103.00
3,982,701
930
Colorado
Educational
and
Cultural
Facilities
Authority,
Charter
School
Revenue
Bonds,
Flagstaff
Academy
Project,
Refunding
Series
2016,
3.625%,
8/01/46
8/26
at
100.00
733,175
1,165
Colorado
Educational
and
Cultural
Facilities
Authority,
Charter
School
Revenue
Bonds,
The
Classical
Academy
Project,
Refunding
Series
2015A,
5.000%,
12/01/38
12/24
at
100.00
1,168,881
3,675
Colorado
Educational
and
Cultural
Facilities
Authority,
Charter
School
Revenue
Bonds,
Vanguard
School
Project,
Refunding
&
Improvement
Series
2016,
3.750%,
6/15/47
6/26
at
100.00
3,038,915
1,750
Colorado
Educational
and
Cultural
Facilities
Authority,
Charter
School
Revenue
Bonds,
Weld
County
School
District
6
-
Frontier
Academy,
Refunding
&
Improvement
Series
2016,
3.250%,
6/01/46
6/26
at
100.00
1,328,162
Colorado
Health
Facilities
Authority,
Colorado,
Health
Facilities
Revenue
Bonds,
The
Evangelical
Lutheran
Good
Samaritan
Society
Project,
Refunding
Series
2017
:
2,460
(e)
5.000%,
6/01/42,
(Pre-refunded
6/01/27)
6/27
at
100.00
2,588,596
23,470
(e)
5.000%,
6/01/47,
(Pre-refunded
6/01/27)
6/27
at
100.00
24,696,887
2,900
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
CommonSpirit
Health,
Series
2019A-2,
4.000%,
8/01/49
8/29
at
100.00
2,637,761
4,900
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Covenant
Living
Communities
&
Services,
Series
2020A,
4.000%,
12/01/50
12/27
at
103.00
3,954,569
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Evangelical
Lutheran
Good
Samaritan
Society
Project,
Series
2013A
:
1,410
(e)
5.000%,
6/01/32,
(Pre-refunded
6/01/25)
6/25
at
100.00
1,429,102
2,000
(e)
5.000%,
6/01/33,
(Pre-refunded
6/01/25)
6/25
at
100.00
2,027,094
5,870
(e)
5.000%,
6/01/40,
(Pre-refunded
6/01/25)
6/25
at
100.00
5,949,522
6,920
(e)
5.000%,
6/01/45,
(Pre-refunded
6/01/25)
6/25
at
100.00
7,013,747
2,035
Colorado
Health
Facilities
Authority,
Colorado,
Revenue
Bonds,
Frasier
Meadows
Project,
Refunding
&
Improvement
Series
2017A,
5.250%,
5/15/47
5/27
at
100.00
2,005,538
13,610
Colorado
Housing
and
Finance
Authority,
Multifamily
Project
Bonds,
Class
I
Series
2020B,
2.350%,
10/01/43
10/29
at
100.00
9,345,089
4,105
Colorado
International
Center
Metropolitan
District
14,
Denver,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Refunding
&
Improvement
Series
2018,
5.875%,
12/01/46
5/24
at
103.00
4,039,320
600
Copperleaf
Metropolitan
District
4,
Arapahoe
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Convertible
to
Unlimited
Tax
Series
2020A,
5.000%,
12/01/49
3/25
at
103.00
543,098
1,480
Cornerstar
Metropolitan
District,
Arapahoe
County,
Colorado,
General
Obligation
Bonds,
Limited
Tax
Convertible
to
Unlimited
Tax,
Refunding
Series
2017A,
5.250%,
12/01/47
5/24
at
102.00
1,413,451
1,255
Cornerstar
Metropolitan
District,
Arapahoe
County,
Colorado,
General
Obligation
Bonds,
Limited
Tax
Convertible
to
Unlimited
Tax,
Refunding
Series
2017B,
5.250%,
12/01/47
5/24
at
102.00
1,195,414
500
Crystal
Crossing
Metropolitan
District,
Colorado,
General
Obligation
Limited
Tax
Bonds,
Refunding
Series
2016,
5.250%,
12/01/40
12/25
at
100.00
492,381
Denver
Urban
Renewal
Authority,
Colorado,
Tax
Increment
Revenue
Bonds,
9th
and
Colorado
Urban
Redevelopement
Area,
Series
2018A
:
2,125
(c)
5.250%,
12/01/39
5/24
at
103.00
2,137,539
425
(c)
5.250%,
12/01/39
5/24
at
103.00
427,508
25
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Colorado
(continued)
$
11,700
E-470
Public
Highway
Authority,
Colorado,
Senior
Revenue
Bonds,
Capital
Appreciation
Series
2010A,
0.000%,
9/01/41
No
Opt.
Call
$
5,412,120
6,525
E-470
Public
Highway
Authority,
Colorado,
Senior
Revenue
Bonds,
Series
1997B,
0.000%,
9/01/26
-
NPFG
Insured
No
Opt.
Call
5,977,342
E-470
Public
Highway
Authority,
Colorado,
Senior
Revenue
Bonds,
Series
2000B
:
17,030
0.000%,
9/01/25
-
NPFG
Insured
No
Opt.
Call
16,200,283
10,005
0.000%,
9/01/32
-
NPFG
Insured
No
Opt.
Call
7,363,835
43,090
0.000%,
9/01/33
-
NPFG
Insured
No
Opt.
Call
30,408,324
E-470
Public
Highway
Authority,
Colorado,
Toll
Revenue
Bonds,
Series
2004A
:
20,000
0.000%,
9/01/27
-
NPFG
Insured
No
Opt.
Call
17,728,908
1,180
0.000%,
9/01/28
-
NPFG
Insured
No
Opt.
Call
1,011,236
7,000
0.000%,
9/01/34
-
NPFG
Insured
No
Opt.
Call
4,738,137
5,575
(c)
Falcon
Area
Water
and
Wastewater
Authority
(El
Paso
County,
Colorado),
Tap
Fee
Revenue
Bonds,
Series
2022A,
6.750%,
12/01/34
9/27
at
103.00
5,491,758
590
Foothills
Metropolitan
District,
Fort
Collins,
Colorado,
Special
Revenue
Bonds,
Series
2014,
6.000%,
12/01/38
12/24
at
100.00
557,561
500
Iron
Mountain
Metropolitan
District
2,
Windsor,
Weld
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Refunding
&
Improvement
Series
2019A,
5.000%,
12/01/39
12/24
at
103.00
472,960
Lambertson
Farms
Metropolitan
District
1,
Colorado,
Revenue
Bonds,
Refunding
&
Improvement
Series
2015
:
1,005
(d)
5.750%,
12/15/46
5/24
at
100.00
879,377
5,355
(d)
6.000%,
12/15/50
5/24
at
100.00
4,749,890
860
Mountain
Shadows
Metropolitan
District,
Colorado,
General
Obligation
Limited
Tax
Bonds,
Refunding
Series
2016,
5.000%,
12/01/35
12/25
at
100.00
860,963
5,155
North
Range
Metropolitan
District
1,
Adams
County,
Colorado,
General
Obligation
Bonds,
Series
2016B,
3.500%,
12/01/45
12/25
at
100.00
4,155,568
North
Range
Metropolitan
District
2,
Adams
County,
Colorado
,
Limited
Tax
General
Obligation
Bonds,
Refunding
Special
Revenue
&
Improvement
Series
2017A
:
978
5.625%,
12/01/37
5/24
at
102.00
967,496
1,000
5.750%,
12/01/47
5/24
at
102.00
985,314
Painted
Prairie
Public
Improvement
Authority,
Aurora,
Colorado,
Special
Revenue
Bonds,
Series
2019
:
3,380
5.000%,
12/01/39
12/24
at
103.00
3,160,330
6,900
5.000%,
12/01/49
12/24
at
103.00
6,060,884
Park
70
Metropolitan
District,
Aurora,
Colorado,
General
Obligation
Bonds,
Limited
Tax
Refunding
&
Improvement
Series
2016
:
660
5.000%,
12/01/36
12/26
at
100.00
668,757
1,060
5.000%,
12/01/46
12/26
at
100.00
1,050,325
660
Park
Creek
Metropolitan
District,
Colorado,
Senior
Limited
Property
Tax
Supported
Revenue
Bonds,
Refunding
Series
2015A,
5.000%,
12/01/45
12/25
at
100.00
648,754
1,000
(c)
Parkdale
Community
Authority,
Erie
County,
Colorado,
Limited
Tax
Supported
Convertible
Capital
Appreciation
Revenue
Bonds,
District
2,
Series
2024A,
7.750%,
12/01/53
3/29
at
103.00
727,870
1,335
(c)
Peak
Metropolitan
District
1,
Colorado
Springs,
El
Paso
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2021A,
5.000%,
12/01/41
3/26
at
103.00
1,187,724
4,000
Peak
Metropolitan
District
3,
Colorado
Springs,
El
Paso
County,
Colorado,
Limited
Tax
General
Obligation
Convertible
Capital
Appreciation
Bonds,
Series
2022A-2,
8.000%,
12/01/52
12/27
at
81.40
2,305,716
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
26
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Colorado
(continued)
$
2,760
(c)
Prairie
Center
Metopolitan
District
No.
3,
In
the
City
of
Brighton,
Adams
County,
Colorado,
Limited
Property
Tax
Supported
Primary
Improvements
Revenue
Bonds,
Refunding
Series
2017A,
5.000%,
12/15/41
12/26
at
100.00
$
2,734,916
1,500
Rampart
Range
Metropolitan
District
5,
Lone
Tree,
Douglas
County,
Colorado,
Limited
Tax
Supported
and
Special
Revenue
Bonds,
Series
2021,
4.000%,
12/01/41
10/26
at
102.00
1,244,649
Reata
South
Metropolitan
District,
Douglas
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Refunding
Series
2018
:
1,310
5.375%,
12/01/37
5/24
at
103.00
1,323,611
3,265
5.500%,
12/01/47
5/24
at
103.00
3,267,528
5,050
Regional
Transportation
District,
Colorado,
Private
Activity
Bonds,
Denver
Transit
Partners
Eagle
P3
Project,
Series
2020A,
3.000%,
7/15/37
1/31
at
100.00
4,374,728
1,320
Riverwalk
Metropolitan
District
2,
Glendale,
Arapahoe
County,
Colorado,
Special
Revenue
Bonds,
Series
2022A,
5.000%,
12/01/52
3/27
at
103.00
1,139,871
917
SouthGlenn
Metropolitan
District,
Colorado,
Special
Revenue
Bonds,
Refunding
Series
2016,
5.000%,
12/01/46
5/24
at
101.00
827,935
1,000
St.
Vrain
Lakes
Metropolitan
District
No.
2,
Weld
County,
Colorado,
Limited
Tax
General
Obligation
Bonds,
Series
2017A,
5.000%,
12/01/37
5/24
at
102.00
984,533
STC
Metropolitan
District
2,
Superior,
Boulder
County,
Colorado,
Limited
Tax
General
Obligation
and
Special
Revenue
Bonds,
Refunding
&
improvement
Series
2019A
:
1,000
5.000%,
12/01/38
12/24
at
103.00
951,036
570
5.000%,
12/01/49
12/24
at
103.00
518,076
765
Sterling
Ranch
Community
Authority
Board,
Douglas
County,
Colorado,
Limited
Tax
Supported
District
2,
Refunding
&
Improvement
Senior
Series
2020A,
4.250%,
12/01/50
12/25
at
102.00
641,225
600
Sterling
Ranch
Community
Authority
Board,
Douglas
County,
Colorado,
Special
Improvement
Revenue
Bonds,
Special
District
1,
Series
2024,
5.625%,
12/01/43
No
Opt.
Call
608,653
2,765
Sterling
Ranch
Metropolitan
District
1,
El
Paso
County,
Colorado,
General
Obligation
Limited
Tax
Bonds,
Series
2020,
5.125%,
12/01/50
12/25
at
103.00
2,471,034
450
The
Village
at
Dry
Creek
Metropolitan
District
No.
2,
In
the
City
of
Thornton,
Adams
County,
Colorado,
Limited
Tax
General
Obligation
and
Special
Revenue
Bonds,
Series
2019,
4.375%,
12/01/44
9/24
at
103.00
419,641
500
Transport
Metropolitan
District
3,
In
the
City
of
Aurora,
Adams
County,
Colorado,
General
Obligation
Limited
Bonds,
Convertible
Capital
Appreciation
Series
2021A-2,
5.500%,
12/01/51
3/26
at
103.00
377,669
900
Transport
Metropolitan
District
3,
In
the
City
of
Aurora,
Adams
County,
Colorado,
General
Obligation
Limited
Bonds,
Series
2021A-1,
5.000%,
12/01/51
3/26
at
103.00
711,106
3,410
Vauxmont
Metropolitan
District,
Arvada,
Colorado,
Limited
Tax
General
Obligation
and
Special
Revenue
Bonds,
Convertible
to
Unlimited
Tax
Refunding
Subordinate
Series
2020,
5.000%,
12/01/50
-
AGM
Insured
12/29
at
100.00
3,512,912
8,260
West
Globeville
Metropolitan
District
1,
Denver,
Colorado,
General
Obligation
Limited
Tax
Bonds,
Series
2022,
6.750%,
12/01/52
12/29
at
103.00
7,750,724
Total
Colorado
257,772,309
Connecticut
-
4.6%
(2.8%
of
Total
Investments)
Bridgeport,
Connecticut,
General
Obligation
Bonds,
Series
2014A
:
2,345
5.000%,
7/01/32
-
AGM
Insured
7/24
at
100.00
2,349,410
1,600
5.000%,
7/01/34
-
AGM
Insured
7/24
at
100.00
1,602,777
2,800
Bridgeport,
Connecticut,
General
Obligation
Bonds,
Series
2016D,
5.000%,
8/15/41
-
AGM
Insured
8/26
at
100.00
2,839,989
27
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Connecticut
(continued)
Bridgeport,
Connecticut,
General
Obligation
Bonds,
Series
2017A
:
$
1,470
5.000%,
11/01/36
11/27
at
100.00
$
1,534,269
750
5.000%,
11/01/37
11/27
at
100.00
779,858
875
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Connecticut
Childrens
Medical
Center
and
Subsidiaries,
Series
2023E,
4.250%,
7/15/53
1/33
at
100.00
837,313
1,100
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Duncaster,
Inc.,
Series
2014A,
5.000%,
8/01/44
8/24
at
100.00
1,053,967
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Healthcare
Facility
Expansion
Church
Home
of
Hartford
Inc.
Project,
Series
2016A
:
590
(c)
5.000%,
9/01/46
9/26
at
100.00
504,330
2,540
(c)
5.000%,
9/01/53
9/26
at
100.00
2,066,003
3,000
(c)
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Mary
Wade
Home
Issue,
Series
2019A-1,
5.000%,
10/01/54
10/24
at
104.00
2,284,819
1,915
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Middlesex
Hospital,
Series
2015O,
5.000%,
7/01/36
7/25
at
100.00
1,931,401
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Nuvance
Health
Series
2019A
:
2,770
4.000%,
7/01/41
7/29
at
100.00
2,543,677
2,000
4.000%,
7/01/49
7/29
at
100.00
1,714,822
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Quinnipiac
University,
Refunding
Series
2015L
:
5,500
4.125%,
7/01/41
7/25
at
100.00
5,444,727
1,745
5.000%,
7/01/45
7/25
at
100.00
1,755,778
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Quinnipiac
University,
Series
2016M
:
500
5.000%,
7/01/34
7/26
at
100.00
512,282
1,250
5.000%,
7/01/36
7/26
at
100.00
1,275,781
5,145
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Sacred
Heart
University,
Series
2017I-1,
5.000%,
7/01/42
7/27
at
100.00
5,180,223
4,025
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Stamford
Hospital,
Series
2016K,
4.000%,
7/01/46
7/26
at
100.00
3,485,307
2,250
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
University
of
New
Haven,
Series
2018K-1,
5.000%,
7/01/38
7/28
at
100.00
2,222,072
Connecticut
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Yale-New
Haven
Health
Issue,
Series
2014E
:
2,610
5.000%,
7/01/32
7/24
at
100.00
2,613,783
2,740
5.000%,
7/01/33
7/24
at
100.00
2,743,707
900
5.000%,
7/01/34
7/24
at
100.00
901,129
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Social
Series
2023B
:
1,775
4.500%,
11/15/43
5/32
at
100.00
1,788,133
13,425
(f)
4.650%,
11/15/48,
(UB)
5/32
at
100.00
13,489,479
2,940
Connecticut
Housing
Finance
Authority,
Housing
Mortgage
Finance
Program
Bonds,
Social
Series
2024A,
4.450%,
11/15/44
11/32
at
100.00
2,941,510
3,500
Connecticut
State,
General
Obligation
Bonds,
Series
2014F,
5.000%,
11/15/34
11/24
at
100.00
3,518,150
2,630
Connecticut
State,
General
Obligation
Bonds,
Series
2015F,
5.000%,
11/15/34
11/25
at
100.00
2,678,791
3,750
Connecticut
State,
General
Obligation
Bonds,
Series
2017A,
5.000%,
4/15/35
4/27
at
100.00
3,921,333
Connecticut
State,
General
Obligation
Bonds,
Series
2018A
:
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
28
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Connecticut
(continued)
$
2,315
5.000%,
4/15/37
4/28
at
100.00
$
2,438,513
5,000
5.000%,
4/15/38
4/28
at
100.00
5,241,480
1,035
Connecticut
State,
General
Obligation
Bonds,
Series
2018E,
5.000%,
9/15/37
9/28
at
100.00
1,092,901
1,380
Connecticut
State,
Special
Tax
Obligation
Bonds,
Transportation
Infrastructure
Purposes
Series
2015A,
5.000%,
8/01/33
8/25
at
100.00
1,401,161
Connecticut
State,
Special
Tax
Obligation
Bonds,
Transportation
Infrastructure
Purposes
Series
2016A
:
5,300
5.000%,
9/01/33
9/26
at
100.00
5,459,289
1,075
5.000%,
9/01/34
9/26
at
100.00
1,107,000
3,500
Connecticut
State,
Special
Tax
Obligation
Bonds,
Transportation
Infrastructure
Purposes,
Series
2014A,
5.000%,
9/01/33
9/24
at
100.00
3,512,292
Greater
New
Haven
Water
Pollution
Control
Authority,
Connecticut,
Regional
Wastewater
System
Revenue
Bonds,
Refunding
Series
2014B
:
500
(e)
5.000%,
8/15/30,
(Pre-refunded
8/15/24)
8/24
at
100.00
501,647
1,000
(e)
5.000%,
8/15/31,
(Pre-refunded
8/15/24)
8/24
at
100.00
1,003,295
55
Greater
New
Haven
Water
Pollution
Control
Authority,
Connecticut,
Regional
Wastewater
System
Revenue
Bonds,
Series
2005A,
5.000%,
8/15/35
-
NPFG
Insured
5/24
at
100.00
54,999
225
Hamden,
Connecticut,
General
Obligation
Bonds,
Series
2016,
5.000%,
8/15/32
-
BAM
Insured
8/24
at
100.00
225,806
2,315
(c)
Harbor
Point
Infrastructure
Improvement
District,
Connecticut,
Special
Obligation
Revenue
Bonds,
Harbor
Point
Project,
Refunding
Series
2017,
5.000%,
4/01/39
4/27
at
100.00
2,297,791
10,015
(e)
Hartford
County
Metropolitan
District,
Connecticut,
Clean
Water
Project
Revenue
Bonds,
Refunding
Green
Bond
Series
2014A,
5.000%,
11/01/42,
(Pre-refunded
11/01/24)
11/24
at
100.00
10,077,579
2,285
Hartford
County
Metropolitan
District,
Connecticut,
General
Obligation
Bonds,
Series
2018,
5.000%,
7/15/36
7/28
at
100.00
2,431,791
1,550
New
Haven,
Connecticut,
General
Obligation
Bonds,
Refunding
Series
2016A,
5.000%,
8/15/35
-
AGM
Insured
8/26
at
100.00
1,593,373
985
(e)
New
Haven,
Connecticut,
General
Obligation
Bonds,
Series
2014A,
5.000%,
8/01/33,
(Pre-refunded
8/01/24)
-
AGM
Insured
8/24
at
100.00
987,668
New
Haven,
Connecticut,
General
Obligation
Bonds,
Series
2015
:
790
5.000%,
9/01/32
-
AGM
Insured
9/25
at
100.00
803,620
1,620
5.000%,
9/01/33
-
AGM
Insured
9/25
at
100.00
1,646,643
500
5.000%,
9/01/35
-
AGM
Insured
9/25
at
100.00
507,860
New
Haven,
Connecticut,
General
Obligation
Bonds,
Series
2017A
:
1,045
5.000%,
8/01/35
8/27
at
100.00
1,084,261
1,425
5.000%,
8/01/36
8/27
at
100.00
1,475,088
900
North
Haven,
Connecticut,
General
Obligation
Bonds,
Series
2006,
5.000%,
7/15/24
No
Opt.
Call
902,226
795
(e)
South
Central
Connecticut
Regional
Water
Authority
Water
System
Revenue
Bonds,
Thirtieth
Series
2014A,
5.000%,
8/01/44,
(Pre-refunded
8/01/24)
8/24
at
100.00
797,252
2,220
South
Central
Connecticut
Regional
Water
Authority,
Water
System
Revenue
Bonds,
Refunding
Thirty-Second
Series
2016B,
5.000%,
8/01/37
8/26
at
100.00
2,296,194
500
Stamford,
Connecticut,
Water
Pollution
Control
System
and
Facility
Revenue
Bonds,
Series
2013A,
5.250%,
8/15/43
5/24
at
100.00
500,163
1,285
Steel
Point
Infrastructure
Improvement
District,
Connecticut,
Special
Obligation
Revenue
Bonds,
Steelpointe
Harbor
Project,
Series
2021,
4.000%,
4/01/51
4/30
at
100.00
1,011,206
29
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Connecticut
(continued)
$
1,005
Town
of
Hamden,
Connecticut,
General
Obligation
Bonds,
Refunding
Series
2018A,
5.000%,
8/15/30
-
BAM
Insured
8/28
at
100.00
$
1,063,210
2,250
University
of
Connecticut,
General
Obligation
Bonds,
Series
2015A,
5.000%,
3/15/31
3/26
at
100.00
2,306,672
Waterbury,
Connecticut,
General
Obligation
Bonds,
Lot
A
Series
2015
:
445
5.000%,
8/01/30
-
BAM
Insured
8/25
at
100.00
455,449
390
5.000%,
8/01/31
-
BAM
Insured
8/25
at
100.00
399,214
610
5.000%,
8/01/32
-
BAM
Insured
8/25
at
100.00
624,382
445
5.000%,
8/01/33
-
BAM
Insured
8/25
at
100.00
455,434
445
5.000%,
8/01/34
-
BAM
Insured
8/25
at
100.00
455,443
Total
Connecticut
132,725,722
Delaware
-
0.3%
(0.2%
of
Total
Investments)
Delaware
State
Housing
Authority,
Senior
Single
Family
Mortgage
Revenue
Bonds,
Series
2024A
:
450
4.625%,
7/01/49
1/33
at
100.00
449,179
700
4.700%,
7/01/54
1/33
at
100.00
697,444
Delaware
State
Housing
Authority,
Senior
Single
Family
Mortgage
Revenue
Bonds,
Series
2024B
:
1,655
4.650%,
7/01/49,
(WI/DD)
7/33
at
100.00
1,656,501
1,020
4.750%,
7/01/54,
(WI/DD)
7/33
at
100.00
1,021,258
Kent
County,
Delaware,
Student
Housing
&
Dining
Facility
Revenue
Bonds,
Collegiate
Housing
Foundation
-
Dover
LLC
Delaware
State
University
Project,
Series
2018A
:
3,010
5.000%,
7/01/48
1/28
at
100.00
2,988,921
1,000
5.000%,
7/01/58
1/28
at
100.00
966,577
Total
Delaware
7,779,880
District
of
Columbia
-
3.6%
(2.1%
of
Total
Investments)
3,780
District
of
Columbia
Student
Dormitory
Revenue
Bonds,
Provident
Group
-
Howard
Properties
LLC
Issue,
Series
2013,
5.000%,
10/01/45
5/24
at
100.00
3,603,109
182,000
District
of
Columbia
Tobacco
Settlement
Corporation,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2006A,
0.000%,
6/15/46
5/24
at
25.76
42,454,248
2,620
District
of
Columbia,
Income
Tax
Secured
Revenue
Bonds,
Series
2023A,
5.250%,
5/01/48
5/33
at
100.00
2,873,629
1,500
District
of
Columbia,
Washington,
D.C.,
Revenue
Bonds,
Ingleside
at
Rock
Creek
Project,
Series
2017A,
5.000%,
7/01/42
7/24
at
103.00
1,429,322
Metropolitan
Washington
Airports
Authority,
District
of
Columbia,
Dulles
Toll
Road
Revenue
Bonds,
Dulles
Metrorail
&
Capital
Improvement
Projects,
Refunding
Second
Senior
Lien
Series
2022A
:
2,220
4.000%,
10/01/52
-
AGM
Insured
10/31
at
100.00
2,093,600
17,595
2.750%,
10/01/53
-
AGM
Insured
10/31
at
100.00
11,353,309
22,015
3.000%,
10/01/53
-
AGM
Insured
10/31
at
100.00
15,763,068
11,000
(e)
Metropolitan
Washington
Airports
Authority,
District
of
Columbia,
Dulles
Toll
Road
Revenue
Bonds,
Dulles
Metrorail
&
Capital
improvement
Projects,
Second
Senior
Lien
Series
2009C,
6.500%,
10/01/41,
(Pre-
refunded
10/01/26)
-
AGC
Insured
10/26
at
100.00
11,809,115
10,000
Metropolitan
Washington
Airports
Authority,
District
of
Columbia,
Dulles
Toll
Road
Revenue
Bonds,
Dulles
Metrorail
Capital
Appreciation,
Second
Senior
Lien
Series
2010B,
6.500%,
10/01/44
10/28
at
100.00
10,916,387
Total
District
of
Columbia
102,295,787
Florida
-
4.0%
(2.4%
of
Total
Investments)
990
Bexley
Community
Development
District,
Pasco
County,
Florida,
Special
Assessment
Revenue
Bonds,
Series
2016,
4.700%,
5/01/36
5/26
at
100.00
981,277
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
30
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
(continued)
$
1,000
(c)
Capital
Trust
Agency,
Florida,
Educational
Facilities
Lease
Revenue
Bonds,
Franklin
Academy
Projects,
Series
2020,
5.000%,
12/15/50
7/26
at
100.00
$
852,540
Capital
Trust
Agency,
Florida,
Revenue
Bonds,
Babcock
Neighborhood
School
Inc,
Series
2018
:
1,290
(c)
6.100%,
8/15/38
8/28
at
100.00
1,347,053
1,045
(c)
6.200%,
8/15/48
8/28
at
100.00
1,074,093
Capital
Trust
Agency,
Florida,
Revenue
Bonds,
Babcock
Neighborhood
School
Inc,
Series
2021
:
1,290
(c)
4.000%,
8/15/51
8/28
at
100.00
982,350
1,250
(c)
4.250%,
8/15/61
8/28
at
100.00
948,838
Capital
Trust
Agency,
Florida,
Revenue
Bonds,
Odyssey
Charter
School
Project,
Series
2017A
:
1,065
(c)
5.375%,
7/01/37
7/27
at
100.00
1,069,676
1,470
(c)
5.500%,
7/01/47
7/27
at
100.00
1,454,692
3,788
(c),(d)
Capital
Trust
Agency,
Florida,
Revenue
Bonds,
Provision
CARES
Proton
Therapy
Center,
Orlando
Project,
Series
2018,
7.500%,
6/01/48
6/28
at
100.00
378,803
Capital
Trust
Agency,
Florida,
Revenue
Bonds,
Renaissance
Charter
School
Project,
Series
2017A
:
6,050
(c)
5.125%,
6/15/37
6/27
at
100.00
6,055,682
1,885
(c)
5.250%,
6/15/47
6/27
at
100.00
1,799,921
880
(c)
Capital
Trust
Agency,
Florida,
Revenue
Bonds,
Viera
Charter
School
Project,
Series
2017A,
5.000%,
10/15/37
10/27
at
100.00
874,022
735
(c)
Capital
Trust
Agency,
Florida,
Revenue
Bonds,
Viera
Charter
School
Project,
Series
2019A,
5.000%,
10/15/49
10/27
at
100.00
683,055
4,670
City
of
Miami
Beach,
Florida,
Stormwater
Revenue
Bonds,
Series
2015,
5.000%,
9/01/41
9/25
at
100.00
4,685,047
540
Cityplace
Community
Development
District,
Florida,
Special
Assessement
and  Revenue
Bonds,
Refunding
Series
2012,
5.000%,
5/01/26
No
Opt.
Call
544,621
Creekside
at
Twin
Creeks
Community
Development
District,
Florida,
Special
Assessment
Bonds,
Area
1
Project,
Series
2016A-1
:
240
5.250%,
11/01/37
11/28
at
100.00
243,761
305
5.600%,
11/01/46
11/28
at
100.00
309,247
Downtown
Doral
Community
Development
District,
Florida,
Special
Assessment
Bonds,
Series
2015
:
280
5.250%,
5/01/35
5/26
at
100.00
282,474
315
5.300%,
5/01/36
5/26
at
100.00
317,965
475
5.500%,
5/01/45
5/26
at
100.00
477,547
655
5.500%,
5/01/46
5/26
at
100.00
658,086
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Classical
Preparatory
Incorporated
Project,
Series
2017A
:
255
(c)
6.000%,
6/15/37
6/26
at
100.00
258,007
665
(c)
6.125%,
6/15/46
6/26
at
100.00
669,068
415
(c)
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Classical
Preparatory
Incorporated
Project,
Series
2018A,
6.000%,
6/15/37
6/26
at
100.00
419,894
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Downtown
Doral
Charter
Upper
School
Project,
Series
2017C
:
2,375
(c)
5.650%,
7/01/37
7/27
at
101.00
2,419,700
3,735
(c)
5.750%,
7/01/47
7/27
at
101.00
3,738,766
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Florida
Charter
Foundation
Inc.
Projects,
Series
2016A
:
2,075
(c)
4.750%,
7/15/36
7/26
at
100.00
2,009,472
1,335
(c)
5.000%,
7/15/46
7/26
at
100.00
1,237,013
31
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
(continued)
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Mater
Academy
Projects,
Series
2020A
:
$
4,330
5.000%,
6/15/50
6/27
at
100.00
$
4,164,108
3,405
5.000%,
6/15/55
6/27
at
100.00
3,209,187
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Renaissance
Charter
School
Income
Projects,
Series
2015A
:
3,090
(c)
6.000%,
6/15/35
6/25
at
100.00
3,124,036
3,450
(c)
6.125%,
6/15/46
6/25
at
100.00
3,469,312
550
(c)
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Renaissance
Charter
School,
Inc.
Projects,
Series
2014A,
6.125%,
6/15/44
6/24
at
100.00
550,304
4,380
(c)
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
Southwest
Charter
Foundation
Inc
Projects,
Series
2017A,
6.125%,
6/15/47
6/27
at
100.00
4,323,677
Florida
Development
Finance
Corporation,
Educational
Facilities
Revenue
Bonds,
The
Florida
Charter
Educational
Foundation
Inc.
Projects,
Series
2016A
:
1,485
(c)
6.250%,
6/15/36
6/26
at
100.00
1,518,793
4,350
(c)
6.375%,
6/15/46
6/26
at
100.00
4,410,955
5,490
Florida
Housing
Finance
Corporation,
Homeowner
Mortgage
Revenue
Bonds,
Social
Series
2021-1,
2.150%,
7/01/51
1/30
at
100.00
3,281,303
1,435
Grand
Bay
at
Doral
Community
Development
District,
Miami-Dade
County,
Florida,
Special
Assessment
Bonds,
South
Parcel
Assessment
Area
Project,
Series
2016,
4.750%,
5/01/36
5/26
at
100.00
1,432,732
2,215
(c)
Jacksonville,
Florida,
Educational
Facilities
Revenue
Bonds,
Jacksonville
University
Project,
Series
2018B,
5.000%,
6/01/53
6/28
at
100.00
1,987,285
625
(c)
Lakewood
Ranch
Stewardship
District,
Florida,
Special
Assessment
Revenue
Bonds,
Del
Webb
Project,
Series
2017,
5.000%,
5/01/37
5/27
at
100.00
631,054
1,000
Manatee
County,
Florida,
Public
Utilities
Revenue
Bonds,
Improvement
and
Refunding
Series
2023,
4.000%,
10/01/53
4/33
at
100.00
934,202
4,140
(e)
Martin
County
Health
Facilities
Authority,
Florida,
Hospital
Revenue
Bonds,
Martin
Memorial
Medical
Center,
Series
2015,
5.000%,
11/15/45,
(Pre-refunded
11/15/24)
11/24
at
100.00
4,162,342
Miami
Dade
County
Industrial
Development
Authority,
Florida,
Educational
Facilities
Revenue
Bonds,
South
Florida
Autism
Charter
School
Project,
Series
2017
:
1,080
(c)
5.875%,
7/01/37
7/27
at
100.00
1,089,339
1,920
(c)
6.000%,
7/01/47
7/27
at
100.00
1,924,736
4,710
Miami
Dade
County,
Florida,
Rickenbacker
Causeway
Revenue
Bonds,
Series
2014,
5.000%,
10/01/43
10/24
at
100.00
4,714,349
5,000
Miami-Dade
County
Expressway
Authority,
Florida,
Toll
System
Revenue
Bonds,
Series
2014A,
5.000%,
7/01/39
7/24
at
100.00
4,774,943
4,785
Northern
Palm
Beach
County
Improvement
District,
Florida,
Water
Control
and
Improvement
Bonds,
Development
Unit
53,
Series
2015,
5.350%,
8/01/35
8/26
at
100.00
4,862,249
5,070
Orange
County
Health
Facilities
Authority,
Florida,
Hospital
Revenue
Bonds,
Orlando
Health
Obligated
Group,
Inc.,
Series
2022,
4.000%,
10/01/52
4/32
at
100.00
4,687,887
Osceola
County,
Florida,
Transportation
Revenue
Bonds,
Osceola
Parkway,
Refunding
&
Improvement
Series
2019A-1
:
2,890
5.000%,
10/01/49
10/29
at
100.00
2,943,344
3,345
4.000%,
10/01/54
10/29
at
100.00
2,919,128
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
32
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Florida
(continued)
$
2,000
Palm
Beach
County
Health
Facilities
Authority,
Florida,
Hospital
Revenue
Bonds,
Jupiter
Medical
Center,
Series
2022,
5.000%,
11/01/47
11/32
at
100.00
$
2,002,214
825
Reunion
West
Community
Development
District,
Florida,
Special
Assessment
Bonds,
Area
3
Project,
Series
2016,
5.000%,
11/01/46
11/26
at
100.00
820,415
2,470
Sarasota
County
Public
Hospital
District,
Florida,
Hospital
Revenue
Bonds,
Sarasota
Memorial
Hospital
Project,
Series
2018,
4.000%,
7/01/48
7/28
at
100.00
2,300,859
220
(c)
Seminole
County
Industrial
Development
Authority,
Florida,
Educational
Facilities
Revenue
Bonds,
Galileo
Schools
for
Gifted
Learning,
Series
2021A,
4.000%,
6/15/51
6/31
at
100.00
168,167
Six
Mile
Creek
Community
Development
District,
Florida,
Capital
Improvement
Revenue
Bonds,
Assessment
Area
2,
Series
2016
:
145
4.750%,
11/01/28
11/27
at
100.00
146,608
370
5.375%,
11/01/36
11/27
at
100.00
376,179
905
South
Fork
III
Community
Development
District,
Florida,
Special
Assessment
Revenue
Bonds,
Refunding
Series
2016,
5.375%,
5/01/37
5/27
at
100.00
918,461
5,015
Volusia
County
Educational
Facilities
Authority,
Florida,
Revenue
Bonds,
Stetson
University
Inc.
Project,
Series
2015,
5.000%,
6/01/40
6/25
at
100.00
5,058,617
Total
Florida
113,679,455
Georgia
-
4.2%
(2.5%
of
Total
Investments)
Atlanta,
Georgia,
Airport
General
Revenue
Bonds,
Green
Series
2023B-1
:
645
5.000%,
7/01/48
7/33
at
100.00
692,996
3,710
5.000%,
7/01/53
7/33
at
100.00
3,941,624
4,000
Brookhaven
Urban
Redevelopment
Agency,
Georgia,
Revenue
Bonds,
Series
2023A,
4.000%,
7/01/48
7/33
at
100.00
3,872,921
17,085
Burke
County
Development
Authority,
Georgia,
Pollution
Control
Revenue
Bonds,
Georgia
Transmission
Corporation
Vogtle
Project,
Series
2012,
2.750%,
1/01/52
5/31
at
100.00
11,069,281
5,775
Burke
County
Development
Authority,
Georgia,
Pollution
Control
Revenue
Bonds,
Oglethorpe
Power
Corporation
Vogtle
Project,
Series
2017C,
4.125%,
11/01/45
2/28
at
100.00
5,150,806
11,280
Burke
County
Development
Authority,
Georgia,
Pollution
Control
Revenue
Bonds,
Oglethorpe
Power
Corporation
Vogtle
Project,
Series
2017D,
4.125%,
11/01/45
2/28
at
100.00
10,060,794
11,100
(f)
Columbia
County
Hospital
Authority,
Georgia,
Revenue
Anticipation
Certificates,
WellStar
Health
System,
Inc.
Project,
Series
2023B,
5.125%,
4/01/48,
(UB)
4/33
at
100.00
11,740,106
15,305
(e)
Gainesville
and
Hall
County
Hospital
Authority,
Georgia,
Revenue
Anticipation
Certificates,
Northeast
Georgia
Health
Services
Inc.,
Series
2014A,
5.500%,
8/15/54,
(Pre-refunded
2/15/25)
2/25
at
100.00
15,539,163
Georgia
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Series
2018A
:
2,680
3.950%,
12/01/43
6/27
at
100.00
2,490,456
4,085
4.000%,
12/01/48
6/27
at
100.00
3,755,404
Georgia
Housing
and
Finance
Authority,
Single
Family
Mortgage
Bonds,
Series
2023A
:
2,215
(f)
4.350%,
12/01/43,
(UB)
6/32
at
100.00
2,165,890
3,000
(f)
4.550%,
12/01/48,
(UB)
6/32
at
100.00
2,987,165
2,930
Georgia
Municipal
Electric
Authority,
Plant
Vogtle
Units
3
&
4
Project
M
Bonds,
Series
2019A,
5.000%,
1/01/56
7/28
at
100.00
2,971,283
1,300
(c)
Macon-Bibb
County
Urban
Development
Authority,
Georgia,
Revenue
Bonds,
Academy
for
Classical
Education,
Series
2017,
5.750%,
6/15/37
6/27
at
100.00
1,336,444
33
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Georgia
(continued)
$
10,000
(c)
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2022C,
4.000%,
8/01/52,
(Mandatory
Put
11/01/27)
5/27
at
100.81
$
9,710,020
5,000
Main
Street
Natural
Gas
Inc.,
Georgia,
Gas
Supply
Revenue
Bonds,
Series
2023E-1,
5.000%,
12/01/53,
(Mandatory
Put
6/01/31)
3/31
at
100.08
5,283,073
4,000
(c)
Marietta
Development
Authority,
Georgia,
University
Facilities
Revenue
Bonds,
Life
University,
Inc.
Project,
Refunding
Series
2017A,
5.000%,
11/01/47
11/27
at
100.00
3,649,550
10,000
Municipal
Electric
Authority
of
Georgia,
Plant
Vogtle
Units
3
&
4
Project
J
Bonds,
Series
2015A,
5.000%,
7/01/60
7/25
at
100.00
9,896,187
5,630
Municipal
Electric
Authority
of
Georgia,
Plant
Vogtle
Units
3
&
4
Project
J
Bonds,
Series
2019A,
5.000%,
1/01/49
7/28
at
100.00
5,692,423
6,390
Private
Colleges
and
Universities
Authority,
Georgia,
Revenue
Bonds,
Mercer
University,
Series
2015,
5.000%,
10/01/40
10/25
at
100.00
6,432,694
1,710
Valdosta
and
Lowndes
County
Hospital
Authority,
Georgia,
Revenue
Anticipation
Certificates,
South
Georgia
Medical
Center
Project,
Series
2024,
4.125%,
10/01/49
10/34
at
100.00
1,637,929
Total
Georgia
120,076,209
Guam
-
0.3%
(0.2%
of
Total
Investments)
1,500
Government
of
Guam,
Business
Privilege
Tax
Bonds,
Refunding
Series
2015D,
5.000%,
11/15/39
11/25
at
100.00
1,506,603
Guam
Government
Waterworks
Authority,
Water
and
Wastewater
System
Revenue
Bonds,  Refunding
Series
2024A
:
750
5.000%,
7/01/41
7/34
at
100.00
800,568
875
5.000%,
7/01/42
7/34
at
100.00
932,234
750
5.000%,
7/01/43
7/34
at
100.00
799,051
1,095
5.000%,
1/01/46
7/34
at
100.00
1,157,699
1,665
Guam
Government
Waterworks
Authority,
Water
and
Wastewater
System
Revenue
Bonds,
Refunding
Series
2017,
5.000%,
7/01/40
7/27
at
100.00
1,709,486
1,080
Guam
Government
Waterworks
Authority,
Water
and
Wastewater
System
Revenue
Bonds,
Series
2020A,
5.000%,
1/01/50
7/30
at
100.00
1,101,069
Total
Guam
8,006,710
Hawaii
-
0.1%
(0.0%
of
Total
Investments)
1,500
(c)
Hawaii
Department
of
Budget
and
Finance,
Special
Purpose
Revenue
Bonds,
Chaminade
University
of
Honolulu,
Series
2015A,
5.000%,
1/01/45
1/25
at
100.00
1,290,200
170
(c)
Hawaii
Department
of
Budget
and
Finance,
Special
Purpose
Revenue
Bonds,
Hawaii
Pacific
University,
Series
2013A,
6.875%,
7/01/43
5/24
at
100.00
170,094
650
Honolulu
Board
of
Water
Supply,
Hawaii,
Water
System
Revenue
Bonds,
Sustainability
Series
2024A,
5.000%,
7/01/53
7/34
at
100.00
707,075
Total
Hawaii
2,167,369
Idaho
-
2.0%
(1.2%
of
Total
Investments)
Idaho
Health
Facilities
Authority,
Revenue
Bonds,
Kootenai
Health
Project,
Series
2014
:
3,300
4.375%,
7/01/34
7/24
at
100.00
3,302,358
12,495
4.750%,
7/01/44
7/24
at
100.00
11,676,894
1,250
Idaho
Health
Facilities
Authority,
Revenue
Bonds,
Madison
Memorial
Hospital
Project,
Refunding
Series
2016,
5.000%,
9/01/37
9/26
at
100.00
1,238,502
11,515
Idaho
Housing
&
Finance
Association,
Idaho,
Sales
Tax
Revenue
Bonds,
Transportation
Expansion
&
Congestion
Mitigation
Fund,
Series
2024A,
4.000%,
8/15/49
8/34
at
100.00
10,915,902
Idaho
Housing
and
Finance
Association,
Nonprofit
Facilities
Revenue
Bonds,
Gem
Prep
Meridian
North
LLC,
Series
2020A
:
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
34
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Idaho
(continued)
$
500
(c)
5.000%,
7/01/40
7/25
at
100.00
$
442,990
1,415
(c)
5.250%,
7/01/55
7/25
at
100.00
1,192,985
12,000
(f)
Idaho
Housing
and
Finance
Association,
Single
Family
Mortgage
Revenue
Bonds,
Series
2023C,
4.800%,
7/01/53,
(UB)
1/33
at
100.00
12,061,942
3,220
Idaho
Housing
and
Finance
Association,
Single
Family
Mortgage
Revenue
Bonds,
Series
2024A,
4.600%,
1/01/49
1/33
at
100.00
3,195,403
12,555
(c)
Spring
Valley
Community
Infrastructure
District
1,
Eagle,
Idaho,
Special
Assessment
Bonds,
Series
2021,
3.750%,
9/01/51
12/26
at
103.00
10,246,932
2,500
(c)
Spring
Valley
Community
Infrastructure
District
1,
Eagle,
Idaho,
Special
Assessment
Bonds,
Series
2024,
6.250%,
9/01/53
3/29
at
103.00
2,536,914
Total
Idaho
56,810,822
Illinois
-
23.3%
(14.0%
of
Total
Investments)
67,135
Chicago
Board
of
Education,
Illinois,
Dedicated
Capital
Improvement
Tax
Revenue
Bonds,
Series
2016,
6.000%,
4/01/46
4/27
at
100.00
69,853,175
1,000
Chicago
Board
of
Education,
Illinois,
Dedicated
Capital
Improvement
Tax
Revenue
Bonds,
Series
2017,
5.000%,
4/01/46
4/27
at
100.00
1,001,903
1,110
Chicago
Board
of
Education,
Illinois,
Dedicated
Capital
Improvement
Tax
Revenue
Bonds,
Series
2023,
5.750%,
4/01/48
4/33
at
100.00
1,216,891
5,245
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues
Series
2012A,
5.000%,
12/01/42
5/24
at
100.00
5,212,593
8,400
(c)
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2017B,
7.000%,
12/01/42
12/27
at
100.00
9,101,360
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2017H
:
5,835
5.000%,
12/01/36
12/27
at
100.00
5,903,572
4,940
5.000%,
12/01/46
12/27
at
100.00
4,854,489
6,055
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Refunding
Series
2018D,
5.000%,
12/01/46
12/28
at
100.00
5,950,188
38,905
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Series
2016A,
7.000%,
12/01/44
12/25
at
100.00
40,274,721
14,805
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Series
2016B,
6.500%,
12/01/46
12/26
at
100.00
15,383,313
19,585
(c)
Chicago
Board
of
Education,
Illinois,
General
Obligation
Bonds,
Dedicated
Revenues,
Series
2017A,
7.000%,
12/01/46
12/27
at
100.00
21,093,398
1,410
Chicago
Board
of
Education,
Illinois,
Unlimited
Tax
General
Obligation
Bonds,
Dedicated
Tax
Revenues,
Series
1998B-1,
0.000%,
12/01/30
-
NPFG
Insured
No
Opt.
Call
1,059,775
Chicago
Transit
Authority,
Illinois,
Sales
Tax
Receipts
Revenue
Bonds,
Second
Lien
Series
2020A
:
1,405
4.000%,
12/01/50
12/29
at
100.00
1,254,029
1,500
5.000%,
12/01/55
12/29
at
100.00
1,525,307
10,995
Chicago
Transit
Authority,
Illinois,
Sales
Tax
Receipts
Revenue
Bonds,
Series
2014,
5.250%,
12/01/49
12/24
at
100.00
11,023,209
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Refunding
Senior
Lien
Series
2022B
:
2,290
4.500%,
1/01/56
1/31
at
100.00
2,250,965
5,000
5.250%,
1/01/56
1/31
at
100.00
5,256,880
1,355
Chicago,
Illinois,
General
Obligation
Bonds,
Chicago
Works
Series
2023A,
5.500%,
1/01/39
1/32
at
100.00
1,472,790
32,670
Chicago,
Illinois,
General
Obligation
Bonds,
City
Colleges,
Series
1999,
0.000%,
1/01/32
-
FGIC
Insured
No
Opt.
Call
23,635,882
35
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
(continued)
$
17,605
Chicago,
Illinois,
General
Obligation
Bonds,
Project
&
Refunding
Series
2017A,
6.000%,
1/01/38
1/27
at
100.00
$
18,345,012
2,605
Chicago,
Illinois,
General
Obligation
Bonds,
Refunding
Series
2016C,
5.000%,
1/01/38
1/26
at
100.00
2,611,375
3,000
Chicago,
Illinois,
Wastewater
Transmission
Revenue
Bonds,
Second
Lien
Series
2008C,
5.000%,
1/01/39
1/25
at
100.00
3,004,601
Illinois
Educational
Facilities
Authority,
Revenue
Bonds,
Field
Museum
of
Natural
History,
Series
2002.RMKT
:
2,500
4.450%,
11/01/36
11/25
at
102.00
2,554,239
3,400
5.500%,
11/01/36
5/24
at
100.00
3,404,238
Illinois
Finance
Authority,
Charter
School
Revenue
Bonds,
Intrinsic
Charter
Schools
Belmont
School
Project,
Series
2015A
:
1,700
(c)
5.750%,
12/01/35
12/25
at
100.00
1,713,416
115
(c)
6.000%,
12/01/45
12/25
at
100.00
115,387
Illinois
Finance
Authority,
Health
Services
Facility
Lease
Revenue
Bonds,
Provident
Group
-
UIC
Surgery
Center,
LLC
-
University
of
Illinois
Health
Services
Facility
Project,
Series
2020
:
3,835
4.000%,
10/01/50
10/30
at
100.00
3,220,860
5,190
4.000%,
10/01/55
10/30
at
100.00
4,229,207
Illinois
Finance
Authority,
Revenue
Bonds,
Ascension
Health/fkaPresence
Health
Network,
Series
2016C
:
37,030
4.000%,
2/15/41
2/27
at
100.00
35,553,680
1,755
(e)
4.000%,
2/15/41,
(Pre-refunded
2/15/27)
2/27
at
100.00
1,777,732
80
(e)
4.000%,
2/15/41,
(Pre-refunded
2/15/27)
2/27
at
100.00
81,036
Illinois
Finance
Authority,
Revenue
Bonds,
Centegra
Health
System,
Series
2014A
:
1,485
(e)
5.000%,
9/01/34,
(Pre-refunded
9/01/24)
9/24
at
100.00
1,489,893
19,025
(e)
5.000%,
9/01/42,
(Pre-refunded
9/01/24)
9/24
at
100.00
19,087,685
500
(c)
Illinois
Finance
Authority,
Revenue
Bonds,
DePaul
College
Prep
Foundation,
Series
2023A,
5.625%,
8/01/53
8/33
at
100.00
520,240
4,000
Illinois
Finance
Authority,
Revenue
Bonds,
Lutheran
Home
and
Services,
Series
2019A,
5.000%,
11/01/49
11/26
at
103.00
2,945,910
10,000
(f)
Illinois
Finance
Authority,
Revenue
Bonds,
Northshore
-
Edward-Elmhurst
Health
Credit
Group,
Series
2022A,
5.000%,
8/15/47,
(UB)
8/32
at
100.00
10,491,870
12,000
Illinois
Finance
Authority,
Revenue
Bonds,
OSF
Healthcare
System,
Series
2015A,
5.000%,
11/15/45
11/25
at
100.00
12,075,580
Illinois
Finance
Authority,
Revenue
Bonds,
Rosalind
Franklin
University
Research
Building
Project,
Series
2017C
:
1,000
5.000%,
8/01/42
8/27
at
100.00
997,323
1,000
5.000%,
8/01/46
8/27
at
100.00
975,277
1,000
5.000%,
8/01/47
8/27
at
100.00
969,992
Illinois
Finance
Authority,
Revenue
Bonds,
Silver
Cross
Hospital
and
Medical
Centers,
Refunding
Series
2015C
:
560
5.000%,
8/15/35
8/25
at
100.00
565,970
5,140
5.000%,
8/15/44
8/25
at
100.00
5,165,315
10,000
(f)
Illinois
Finance
Authority,
Revenue
Bonds,
University
of
Chicago
Medicine,
Series
2022A,
5.000%,
8/15/52,
(UB)
8/32
at
100.00
10,294,311
Illinois
Finance
Authority,
Revenue
Bonds,
University
of
Chicago,
Refunding
Series
2015A
:
17,765
(e)
5.000%,
10/01/46,
(Pre-refunded
10/01/25)
10/25
at
100.00
18,105,875
2,235
5.000%,
10/01/46
10/25
at
100.00
2,236,416
5,670
Illinois
Housing
Development
Authority,
Multifamily
Housing
Revenue
Bonds,
Series
2021C,
2.850%,
7/01/56
7/30
at
100.00
3,688,111
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
36
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
(continued)
$
3,665
Illinois
Sports
Facility
Authority,
State
Tax
Supported
Bonds,
Refunding
Series
2014,
5.250%,
6/15/31
-
AGM
Insured
6/24
at
100.00
$
3,667,753
Illinois
State,
General
Obligation
Bonds,
December
Series
2017A
:
11,800
5.000%,
12/01/38
12/27
at
100.00
12,152,913
1,330
5.000%,
12/01/39
12/27
at
100.00
1,364,026
Illinois
State,
General
Obligation
Bonds,
February
Series
2014
:
1,575
5.250%,
2/01/34
5/24
at
100.00
1,576,813
7,515
5.000%,
2/01/39
5/24
at
100.00
7,519,618
5,200
Illinois
State,
General
Obligation
Bonds,
January
Series
2016,
5.000%,
1/01/29
1/26
at
100.00
5,311,919
Illinois
State,
General
Obligation
Bonds,
May
Series
2014
:
510
5.000%,
5/01/36
5/24
at
100.00
510,412
1,915
5.000%,
5/01/39
5/24
at
100.00
1,916,141
4,460
Illinois
State,
General
Obligation
Bonds,
May
Series
2020,
5.500%,
5/01/39
5/30
at
100.00
4,820,895
1,495
Illinois
State,
General
Obligation
Bonds,
May
Series
2023B,
4.500%,
5/01/48
5/32
at
100.00
1,411,430
12,180
Illinois
State,
General
Obligation
Bonds,
November
Series
2016,
5.000%,
11/01/41
11/26
at
100.00
12,271,501
31,285
Illinois
State,
General
Obligation
Bonds,
November
Series
2017C,
5.000%,
11/01/29
11/27
at
100.00
32,666,007
2,040
Illinois
State,
General
Obligation
Bonds,
November
Series
2017D,
5.000%,
11/01/27
No
Opt.
Call
2,134,429
5,000
Illinois
State,
General
Obligation
Bonds,
November
Series
2019B,
4.000%,
11/01/35
11/29
at
100.00
4,976,809
5,000
Illinois
State,
General
Obligation
Bonds,
October
Series
2016,
5.000%,
2/01/29
2/27
at
100.00
5,173,565
Illinois
Toll
Highway
Authority,
Toll
Highway
Revenue
Bonds,
Refunding
Senior
Series
2024A
:
2,800
5.000%,
1/01/36
7/34
at
100.00
3,259,426
3,880
5.000%,
1/01/37
7/34
at
100.00
4,463,441
19,920
Illinois
Toll
Highway
Authority,
Toll
Highway
Revenue
Bonds,
Senior
Lien
Series
2015B,
5.000%,
1/01/40
1/26
at
100.00
20,276,435
10,470
Illinois
Toll
Highway
Authority,
Toll
Highway
Revenue
Bonds,
Senior
Lien
Series
2019A,
5.000%,
1/01/44
7/29
at
100.00
10,934,131
4,250
Illinois
Toll
Highway
Authority,
Toll
Highway
Revenue
Bonds,
Senior
Series
2023A,
5.250%,
1/01/45
7/33
at
100.00
4,580,488
540
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Refunding
Series
2015B,
5.000%,
6/15/52
12/25
at
100.00
541,447
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Refunding
Series
2020A
:
11,305
4.000%,
6/15/50
12/29
at
100.00
10,041,152
5,100
5.000%,
6/15/50
12/29
at
100.00
5,204,468
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Refunding
Series
2022A
:
9,945
4.000%,
12/15/47
12/31
at
100.00
8,998,635
4,500
4.000%,
6/15/52
12/31
at
100.00
3,952,131
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
McCormick
Place
Expansion
Project
Bonds,
Series
2015A
:
2,890
0.000%,
12/15/52
No
Opt.
Call
633,789
5,185
5.000%,
6/15/53
12/25
at
100.00
5,197,297
37
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Illinois
(continued)
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
Revenue
Bonds,
McCormick
Place
Expansion
Project,
Capital
Appreciation
Refunding
Series
2010B-1
:
$
25,000
0.000%,
6/15/44
-
AGM
Insured
No
Opt.
Call
$
9,755,382
43,200
0.000%,
6/15/45
-
AGM
Insured
No
Opt.
Call
15,840,533
10,000
0.000%,
6/15/46
-
AGM
Insured
No
Opt.
Call
3,443,696
8,750
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
Revenue
Bonds,
McCormick
Place
Expansion
Project,
Series
1994B,
0.000%,
6/15/28
-
NPFG
Insured
No
Opt.
Call
7,493,139
Metropolitan
Pier
and
Exposition
Authority,
Illinois,
Revenue
Bonds,
McCormick
Place
Expansion
Project,
Series
2002A
:
18,085
0.000%,
12/15/24
-
NPFG
Insured
No
Opt.
Call
17,637,501
20,045
0.000%,
12/15/35
-
AGM
Insured
No
Opt.
Call
12,854,163
9,010
0.000%,
6/15/37
-
NPFG
Insured
No
Opt.
Call
5,168,306
465
Morton
Grove,
Illinois,
Tax
Increment
Revenue
Bonds,
Sawmill
Station
Redevelopment
Project,
Senior
Lien
Series
2019,
5.000%,
1/01/39
1/26
at
100.00
432,064
1,842
Plano,
Illinois,
Special
Tax
Bonds,
Special
Service
Area
1
&
2
Lakewood
Springs
Project,
Refunding
Series
2014,
5.000%,
3/01/34
-
AGM
Insured
5/24
at
100.00
1,842,073
2,615
Regional
Transportation
Authority,
Cook,
DuPage,
Kane,
Lake,
McHenry
and
Will
Counties,
Illinois,
General
Obligation
Bonds,
Series
2000A,
6.500%,
7/01/30
-
NPFG
Insured
No
Opt.
Call
2,982,042
4,000
Southwestern
Illinois
Development
Authority,
School
Revenue
Bonds,
Triad
School
District
2,
Madison
County,
Illinois,
Series
2006,
0.000%,
10/01/25
-
NPFG
Insured
No
Opt.
Call
3,763,166
12,125
Springfield,
Illinois,
Electric
Revenue
Bonds,
Refunding
Senior
Lien
Series
2015,
5.000%,
3/01/40
-
AGM
Insured
3/25
at
100.00
12,148,444
6,415
Will
County
School
District
122,
New
Lenox,
Illinois,
General
Obligation
Bonds,
Capital
Appreciation
School
Series
2004D,
0.000%,
11/01/24
-
AGM
Insured
No
Opt.
Call
6,277,978
Total
Illinois
668,740,549
Indiana
-
2.7%
(1.6%
of
Total
Investments)
12,045
Indiana
Finance
Authority,
Educational
Facilities
Revenue
Bonds,
Valparaiso
University
Project,
Series
2014,
5.000%,
10/01/44
10/24
at
100.00
11,670,358
5,000
Indiana
Finance
Authority,
Hospital
Revenue
Bonds,
Indiana
University
Health
Obligation
Group,
Fixed
Rate
Series
2023A,
5.000%,
10/01/53
10/33
at
100.00
5,255,607
17,970
Indiana
Finance
Authority,
Wastewater
Utility
Revenue
Bonds,
CWA
Authority
Project,
Series
2014A,
5.000%,
10/01/44
10/24
at
100.00
18,056,308
10,000
Indiana
Housing
and
Community
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2024B-1,
4.750%,
7/01/49,
(WI/
DD)
1/33
at
100.00
10,033,201
Indianapolis
Local
Public
Improvement
Bond
Bank,
Indiana,
Series
1999E
:
10,000
0.000%,
2/01/26
-
AMBAC
Insured
No
Opt.
Call
9,332,872
20,000
0.000%,
2/01/28
-
AMBAC
Insured
No
Opt.
Call
17,381,820
5,015
IPS
Multi-School
Building
Corporation,
Indiana,
First
Mortgage
Revenue
Bonds,
Social
Series
2023,
4.250%,
7/15/43
7/31
at
100.00
5,017,654
Total
Indiana
76,747,820
Iowa
-
1.6%
(0.9%
of
Total
Investments)
Iowa
Finance
Authority,
Iowa,
Midwestern
Disaster
Area
Revenue
Bonds,
Iowa
Fertilizer
Company
Project,
Refunding
Series
2022
:
10,860
5.000%,
12/01/50,
(Mandatory
Put
12/01/42)
12/29
at
103.00
11,273,685
9,045
5.000%,
12/01/50
12/29
at
103.00
9,422,488
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
38
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Iowa
(continued)
$
5,700
Iowa
Finance
Authority,
Senior
Housing
Revenue
Bonds,
PHS
Council
Bluffs,
Inc.
Project,
Series
2018,
5.250%,
8/01/55
5/24
at
102.00
$
4,313,619
2,000
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2024A,
4.750%,
7/01/49
7/33
at
100.00
2,006,961
10,000
(f)
Iowa
Finance
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Taxable
Series
2023C,
4.850%,
7/01/43,
(UB)
1/33
at
100.00
10,213,029
36,850
Iowa
Tobacco
Settlement
Authority,
Tobacco
Settlement
Asset-Backed
Bonds,
Class
2
Capital
Appreciation
Senior
Lien
Series
2021B-2,
0.000%,
6/01/65
6/31
at
25.58
4,618,190
3,365
Iowa
Tobacco
Settlement
Authority,
Tobacco
Settlement
Asset-Backed
Bonds,
Seenior
Lien
Series
Class
2
Series
2021B-1,
4.000%,
6/01/49
6/31
at
100.00
3,316,052
Total
Iowa
45,164,024
Kansas
-
0.3%
(0.2%
of
Total
Investments)
1,000
Lenexa,
Kansas,
Health
Care
Facilities
Revenue
Bonds,
Lakeview
Village
Inc,
Series
2017A,
5.000%,
5/15/43
5/27
at
100.00
949,347
Wyandotte
County-Kansas
City
Unified
Government,
Kansas,
Sales
Tax
Special
Obligation
Bonds,
Vacation
Village
Project
Area
1
and
2A,
Series
2015
:
2,160
5.000%,
9/01/27
9/25
at
100.00
2,105,906
2,380
5.750%,
9/01/32
9/25
at
100.00
2,237,657
2,575
6.000%,
9/01/35
9/25
at
100.00
2,274,891
2,500
(c)
Wyandotte
County-Kansas
City
Unified
Government,
Kansas,
Sales
Tax
Special
Obligation
Bonds,
Village
East
Project
Areas
2B
3
and
5,
Series
2022,
5.750%,
9/01/39
3/29
at
103.00
2,411,279
Total
Kansas
9,979,080
Kentucky
-
2.0%
(1.2%
of
Total
Investments)
6,400
Christian
County,
Kentucky,
Hospital
Revenue
Bonds,
Jennie
Stuart
Medical
Center,
Series
2016,
5.500%,
2/01/44
2/26
at
100.00
6,439,339
10,140
Kentucky
Economic
Development
Finance
Authority,
Hospital
Revenue
Bonds,
Owensboro
Health,
Refunding
Series
2017A,
5.000%,
6/01/37
6/27
at
100.00
10,293,612
Kentucky
Economic
Development
Finance
Authority,
Revenue
Bonds,
Next
Generation
Kentucky
Information
Highway
Project,
Senior
Series
2015A
:
4,345
5.000%,
7/01/37
7/25
at
100.00
4,367,156
15,620
5.000%,
1/01/45
7/25
at
100.00
15,465,723
1,190
Kentucky
Housing
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Series
2023A,
4.800%,
7/01/48
7/32
at
100.00
1,196,650
Kentucky
Housing
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Series
2024A
:
1,030
4.550%,
7/01/49
1/33
at
100.00
1,021,254
1,000
4.625%,
1/01/54
1/33
at
100.00
983,942
Kentucky
Public
Transportation
Infrastructure
Authority,
Toll
Revenue
Bonds,
Downtown
Crossing
Project,
Convertible
Capital
Appreciation
First
Tier
Series
2013C
:
4,360
6.750%,
7/01/43
7/31
at
100.00
4,982,317
8,510
6.875%,
7/01/46
7/31
at
100.00
9,744,545
2,855
Louisville
and
Jefferson
County
Metropolitan
Government,
Kentucky,
Hospital
Revenue
Bonds,
UofL
Health
Project,
Series
2022A,
5.000%,
5/15/52
5/32
at
100.00
2,939,962
Total
Kentucky
57,434,500
39
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Louisiana
-
1.4%
(0.8%
of
Total
Investments)
$
2,435
Ascension
Parish
Industrial
development
Board,
Louisiana,
Revenue
Bonds,
Impala
Warehousing
(US)
LLC
Project,
Series
2013,
6.000%,
7/01/36
5/24
at
100.00
$
2,435,546
Louisiana
Housing
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Home
Ownership
Program,
Series
2024A
:
1,130
4.550%,
12/01/49
6/33
at
100.00
1,119,970
1,065
4.650%,
12/01/54
6/33
at
100.00
1,052,543
12,840
Louisiana
Publc
Facilities
Authority,
Lousiana,
Revenue
Bonds,
Ochsner
Clinic
Foundation
Project,
Series
2020A,
4.000%,
5/15/49
5/30
at
100.00
11,660,075
Louisiana
Public
Facilities
Authority,
Hospital
Revenue
Bonds,
Franciscan
Missionaries
of
Our
Lady
Health
System,
Series
1998A
:
3,565
5.750%,
7/01/25
No
Opt.
Call
3,624,051
135
(e)
5.750%,
7/01/25,
(ETM)
No
Opt.
Call
138,442
8,970
Louisiana
Public
Facilities
Authority,
Revenue
Bonds,
Loyola
University
Project,
Refunding
Series
2017,
5.250%,
10/01/46
10/33
at
100.00
9,391,503
Louisiana
Public
Facilities
Authority,
Revenue
Bonds,
Ochsner
Clinic
Foundation
Project,
Series
2015
:
1,065
4.250%,
5/15/40
5/25
at
100.00
1,065,286
5,000
5.000%,
5/15/47
5/25
at
100.00
5,022,658
1,000
(e)
New
Orleans,
Louisiana,
Sewerage
Service
Revenue
Bonds,
Refunding
Series
2014,
4.250%,
6/01/34,
(Pre-refunded
6/01/24)
6/24
at
100.00
1,000,136
3,275
(c)
Saint
James
Parish,
Louisiana,
Revenue
Bonds,
NuStar
Logistics,
L.P.
Project,
Series
2010A,
6.350%,
10/01/40
6/30
at
100.00
3,541,597
Total
Louisiana
40,051,807
Maine
-
1.5%
(0.9%
of
Total
Investments)
Maine
Health
and
Higher
Educational
Facilities
Authority
Revenue
Bonds,
Eastern
Maine
Medical
Center
Obligated
Group
Issue,
Series
2016A
:
5,505
4.000%,
7/01/41
7/26
at
100.00
4,680,336
10,265
4.000%,
7/01/46
7/26
at
100.00
8,188,081
10,000
(e)
Maine
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Mainehealth
Issue,
Series
2015,
5.000%,
7/01/39,
(Pre-refunded
7/01/24)
7/24
at
100.00
10,015,427
4,500
Maine
State
Housing
Authority,
Multifamily
Mortgage
Purchase
Bonds,
Series
2021A,
2.200%,
11/15/51
5/30
at
100.00
2,550,020
8,885
Maine
State
Housing
Authority,
Multifamily
Mortgage
Purchase
Bonds,
Series
2022A,
2.600%,
11/15/46
11/30
at
100.00
6,107,764
7,695
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Series
2020D,
2.800%,
11/15/45
5/29
at
100.00
5,532,531
915
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Social
Series
2021C,
2.300%,
11/15/46
11/30
at
100.00
591,305
2,000
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Social
Series
2023A,
4.600%,
11/15/48
5/32
at
100.00
2,004,279
2,480
Maine
State
Housing
Authority,
Single
Family
Mortgage
Purchase
Bonds,
Social
Series
2023B-1,
4.750%,
11/15/43
5/33
at
100.00
2,505,005
Total
Maine
42,174,748
Maryland
-
1.9%
(1.2%
of
Total
Investments)
Baltimore,
Maryland,
Convention
Center
Hotel
Revenue
Bonds,
Refunding
Series
2017
:
1,280
5.000%,
9/01/33
9/27
at
100.00
1,285,327
3,050
5.000%,
9/01/39
9/27
at
100.00
2,933,413
3,025
5.000%,
9/01/46
9/27
at
100.00
2,735,118
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
40
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Maryland
(continued)
$
1,000
(c)
Howard
County,
Maryland,
Special
Obligation
Bonds,
Downtown
Columbia
Project,
Series
2017A,
4.375%,
2/15/39
2/26
at
100.00
$
935,111
Maryland
Community
Development
Administration
Department
of
Housing
and
Community
Development,
Residential
Revenue
Bonds,
Series
2021C
:
6,600
2.450%,
9/01/41
9/30
at
100.00
4,822,097
12,000
2.550%,
9/01/44
9/30
at
100.00
8,532,866
7,975
Maryland
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Adventist
HealthCare
Issue,
Series
2021B,
4.000%,
1/01/51
1/32
at
100.00
6,461,864
13,315
Maryland
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Adventist
Healthcare,
Series
2016A,
5.500%,
1/01/46
1/27
at
100.00
13,393,080
4,000
Maryland
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
LifeBridge
Health
Issue,
Series
2016,
5.000%,
7/01/47
7/26
at
100.00
4,047,958
1,500
(e)
Maryland
Health
and
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Peninsula
Regional
Medical
Center
Issue,
Refunding
Series
2015,
5.000%,
7/01/45,
(Pre-refunded
7/01/24)
7/24
at
100.00
1,501,196
Prince
George's
County
Revenue
Authority,
Maryland,
Special
Obligation
Bonds,
Suitland-Naylor
Road
Project,
Series
2016
:
2,000
(c)
4.750%,
7/01/36
1/26
at
100.00
2,004,911
2,300
(c)
5.000%,
7/01/46
1/26
at
100.00
2,238,027
Rockville
Mayor
and
Council,
Maryland,
Economic
Development
Revenue
Bonds,
Series
2017B
:
1,335
4.250%,
11/01/37
11/24
at
103.00
1,188,012
1,250
4.500%,
11/01/43
11/24
at
103.00
1,090,796
2,650
5.000%,
11/01/47
11/24
at
103.00
2,392,419
Total
Maryland
55,562,195
Massachusetts
-
2.9%
(1.7%
of
Total
Investments)
Massachusetts
Development
Finance
Agency
Revenue
Bonds,
Lawrence
General
Hospital
Issue,
Series
2014A
:
2,245
5.250%,
7/01/34
7/24
at
100.00
2,064,624
6,195
5.500%,
7/01/44
7/24
at
100.00
5,546,555
Massachusetts
Development
Finance
Agency
Revenue
Refunding
Bonds,
NewBridge
on
the
Charles,
Inc.
Issue,
Series
2017
:
8,200
(c)
4.125%,
10/01/42
5/24
at
104.00
7,379,282
3,000
(c)
5.000%,
10/01/57
5/24
at
104.00
2,900,625
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Emerson
College,
Series
2015
:
1,000
4.500%,
1/01/45
1/25
at
100.00
926,580
2,085
5.000%,
1/01/45
1/25
at
100.00
2,085,164
4,035
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Emmanuel
College,
Series
2016A,
4.000%,
10/01/46
10/26
at
100.00
3,408,763
900
(c)
Massachusetts
Development
Finance
Agency,
Revenue
Bonds,
Milford
Regional
Medical
Center
Issue,
Series
2020G,
5.000%,
7/15/46
7/30
at
100.00
837,404
6,000
Massachusetts
Development
Finance
Authority,
Revenue
Bonds,
WGBH
Educational
Foundation,
Series
2002A,
5.750%,
1/01/42
-
AMBAC
Insured
No
Opt.
Call
7,204,265
7,405
(f)
Massachusetts
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Massachusetts
Institute
of
Technology,
Series
2002K,
5.500%,
7/01/32,
(UB)
No
Opt.
Call
8,943,765
2,785
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Series
2014D,
3.875%,
12/01/39
6/24
at
100.00
2,597,911
Massachusetts
Housing
Finance
Agency,
Housing
Bonds,
Sustainability
Green
Series
2021A-1
:
3,340
2.375%,
12/01/46
6/30
at
100.00
2,120,929
41
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Massachusetts
(continued)
$
3,600
2.450%,
12/01/51
6/30
at
100.00
$
2,131,493
8,310
2.550%,
12/01/56
6/30
at
100.00
4,903,651
4,500
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2020-220,
2.300%,
12/01/44
6/30
at
100.00
2,989,857
3,000
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2023-227,
4.900%,
12/01/48
6/32
at
100.00
3,027,997
Massachusetts
Housing
Finance
Agency,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2024-234
:
2,220
4.700%,
12/01/49,
(WI/DD)
6/33
at
100.00
2,226,582
385
4.750%,
12/01/54,
(WI/DD)
6/33
at
100.00
386,048
3,345
Massachusetts
State,
General
Obligation
Bonds,
Consolidated
Loan,
Series
2021B,
2.000%,
4/01/50
4/31
at
100.00
1,933,999
7,900
Massachusetts
State,
General
Obligation
Bonds,
Consolidated
Loan,
Series
2024A,
5.000%,
1/01/49
1/34
at
100.00
8,480,459
10,000
Massachusetts
State,
Transportation
Fund
Revenue
Bonds,
Rail
Enhancement
Program,
Green
Series
2023A,
5.000%,
6/01/53
6/33
at
100.00
10,658,791
140
Massachusetts
Water
Pollution
Abatement
Trust,
Revenue
Bonds,
MWRA
Loan
Program,
Subordinate
Series
1999A,
5.750%,
8/01/29
5/24
at
100.00
141,389
Total
Massachusetts
82,896,133
Michigan
-
2.6%
(1.5%
of
Total
Investments)
4,120
Detroit
City
School
District,
Wayne
County,
Michigan,
Unlimited
Tax
School
Building
and
Site
Improvement
Bonds,
Series
2001A,
6.000%,
5/01/29
-
AGM
Insured,
(UB)
No
Opt.
Call
4,381,661
1,565
Detroit
Downtown
Development
Authority,
Michigan,
Tax
Increment
Revenue
Bonds,
Catalyst
Development
Project,
Series
2018A,
5.000%,
7/01/48
-
AGM
Insured
7/24
at
100.00
1,524,109
10,880
Lansing
Board
of
Water
and
Light,
Michigan,
Utility
System
Revenue
Bonds,
Refunding
Series
2024A,
5.000%,
7/01/54
7/34
at
100.00
11,609,751
Michigan
Finance
Authority,
Hospital
Revenue
Bonds,
Sparrow
Obligated
Group,
Refunding
Series
2015
:
4,495
(e)
4.000%,
11/15/35,
(Pre-refunded
5/15/25)
5/25
at
100.00
4,509,793
2,410
(e)
4.000%,
11/15/36,
(Pre-refunded
5/15/25)
5/25
at
100.00
2,417,931
Michigan
Finance
Authority,
Michigan,
Revenue
Bonds,
Trinity
Health
Credit
Group,
Refunding
Series
2016MI
:
3,595
5.000%,
12/01/45
6/26
at
100.00
3,637,938
145
(e)
5.000%,
12/01/45,
(Pre-refunded
6/01/26)
6/26
at
100.00
149,855
2,705
Michigan
Finance
Authority,
Tobacco
Settlement
Asset-
Backed
Bonds,
2006
Sold
Tobacco
Receipts
Senior
Current
Interest
Series
2020A-2,
5.000%,
6/01/40
12/30
at
100.00
2,814,004
1,000
Michigan
Finance
Authority,
Tobacco
Settlement
Asset-
Backed
Bonds,
2007
Sold
Tobacco
Receipts,
Senior
Current
Interest
Series
2020A-CL-1,
4.000%,
6/01/49
12/30
at
100.00
893,415
5,000
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Series
2023B,
4.800%,
12/01/43
12/32
at
100.00
5,080,125
Michigan
Housing
Development
Authority,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021A
:
21,675
2.350%,
12/01/46
12/30
at
100.00
14,175,730
8,280
2.500%,
6/01/52
12/30
at
100.00
5,369,628
10,000
Michigan
State
Building
Authority,
Revenue
Bonds,
Facilities
Program,
Refunding
Series
2020-I,
2.625%,
10/15/56
10/31
at
100.00
6,197,130
5,080
Michigan
State
Building
Authority,
Revenue
Bonds,
Facilities
Program,
Refunding
Series
2023II,
4.000%,
10/15/47
10/33
at
100.00
4,848,441
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
42
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Michigan
(continued)
Wayne
County
Airport
Authority,
Michigan,
Revenue
Bonds,
Detroit
Metropolitan
Wayne
County
Airport,
Series
2015D
:
$
3,550
5.000%,
12/01/40
12/25
at
100.00
$
3,586,956
2,730
5.000%,
12/01/45
12/25
at
100.00
2,747,713
Total
Michigan
73,944,180
Minnesota
-
2.0%
(1.2%
of
Total
Investments)
Baytown
Township,
Minnesota
Charter
School
Lease
Revenue
Bonds,
Saint
Croix
Preparatory
Academy,
Refunding
Series
2016A
:
155
4.000%,
8/01/36
8/26
at
100.00
141,187
440
4.000%,
8/01/41
8/26
at
100.00
374,051
1,745
Brooklyn
Park,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Prairie
Seeds
Academy
Project,
Refunding
Series
2015A,
5.000%,
3/01/34
3/25
at
100.00
1,674,174
1,720
Deephaven,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Eagle
Ridge
Academy
Project,
Series
2015A,
5.500%,
7/01/50
7/25
at
100.00
1,720,433
Duluth
Economic
Development
Authority,
Minnesota,
Health
Care
Facilities
Revenue
Bonds,
Essentia
Health
Obligated
Group,
Series
2018A
:
8,520
4.250%,
2/15/43
2/28
at
100.00
8,116,304
24,760
4.250%,
2/15/48
2/28
at
100.00
23,196,659
Minneapolis,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Cyber
Village
Academy
Project,
Series
2022A
:
340
5.250%,
6/01/42
6/32
at
100.00
315,259
215
5.500%,
6/01/57
6/32
at
100.00
193,657
1,400
Minneapolis,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Hiawatha
Academies
Project,
Series
2022A,
5.500%,
7/01/52
7/32
at
100.00
1,314,301
1,000
Minneapolis-St.
Paul
Metropolitan
Airports
Commission,
Minnesota,
Airport
Revenue
Bonds,
Subordinate
Lien
Series
2022A,
4.250%,
1/01/52
1/32
at
100.00
957,177
2,005
Minnesota
Agricultural
and
Economic
Development
Board,
Health
Care
Facilities
Revenue
Bonds,
Essentia
Health
Obligated
Group,
Series
2024A,
4.000%,
1/01/49
1/34
at
100.00
1,853,204
2,225
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020E,
2.700%,
7/01/44
7/29
at
100.00
1,622,824
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2020I
:
2,320
2.150%,
7/01/45
1/30
at
100.00
1,464,660
3,625
2.200%,
1/01/51
1/30
at
100.00
2,182,669
5,585
Minnesota
Housing
Finance
Agency,
Residential
Housing
Finance
Bonds,
Series
2021H,
2.550%,
1/01/46
1/31
at
100.00
3,864,985
Saint
Cloud,
Minnesota,
Charter
School
Lease
Revenue
Bonds,
Stride
Academy
Project,
Series
2016A
:
405
5.000%,
4/01/36
4/26
at
100.00
366,048
605
5.000%,
4/01/46
4/26
at
100.00
490,051
1,395
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Health
Care
Facility
Revenue
Bonds,
HealthPartners
Obligated
Group,
Refunding
Series
2015A,
4.000%,
7/01/35
7/25
at
100.00
1,377,463
60
Saint
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Multifamily
Housing
Revenue
Bonds,
2700
University
at
Westgate
Station,
Series
2015B,
4.250%,
4/01/25
5/24
at
100.00
59,643
St.
Paul
Housing
and
Redevelopment
Authority,
Minnesota,
Hospital
Revenue
Bonds,
HealthEast
Inc.,
Series
2015A
:
2,785
(e)
5.000%,
11/15/40,
(Pre-refunded
11/15/25)
11/25
at
100.00
2,839,462
3,190
(e)
5.000%,
11/15/44,
(Pre-refunded
11/15/25)
11/25
at
100.00
3,252,382
Total
Minnesota
57,376,593
43
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Mississippi
-
0.8%
(0.5%
of
Total
Investments)
$
3,900
Mississippi
Business
Finance
Corporation,
Revenue
Bonds,
System
Energy
Resources,
Inc.
Project,
Refunding
Series
2021,
2.375%,
6/01/44
6/26
at
100.00
$
2,349,956
1,905
(e)
Mississippi
Development
Bank,
Special
Obligation
Bonds,
Gulfport
Water
and
Sewer
System
Project,
Series
2005,
5.250%,
7/01/24
-
AGM
Insured,
(ETM)
No
Opt.
Call
1,908,862
1,000
Mississippi
Home
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Series
2021A,
2.125%,
12/01/44
6/30
at
100.00
637,130
13,000
(f)
Mississippi
Home
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Series
2023C,
4.650%,
12/01/48,
(UB)
6/32
at
100.00
13,061,346
4,250
Mississippi
Home
Corporation,
Single
Family
Mortgage
Revenue
Bonds,
Series
2024A,
4.550%,
12/01/49
12/32
at
100.00
4,210,523
Total
Mississippi
22,167,817
Missouri
-
2.0%
(1.2%
of
Total
Investments)
800
Chesterfield
Valley
Transportation
Development
District,
Missouri,
Transportation
Sales
Tax
Revenue
Bonds,
Series
2015,
3.625%,
5/15/31
5/24
at
100.00
790,689
2,000
Jackson
County,
Missouri,
Special
Obligation
Bonds,
Series
2023A,
4.375%,
12/01/58
12/33
at
100.00
1,928,291
Kansas
City
Industrial
Development
Authority,
Missouri,
Sales
Tax
Revenue
Bonds,
Ward
Parkway
Center
Community
Improvement
District,
Senior
Refunding
&
Improvement
Series
2016
:
400
(c)
5.000%,
4/01/36
4/26
at
100.00
378,411
1,520
(c)
5.000%,
4/01/46
4/26
at
100.00
1,330,120
15,000
Kansas
City
Municipal
Assistance
Corporation,
Missouri,
Leasehold
Revenue
Bonds,
Improvement
Series
2004B-1,
0.000%,
4/15/28
-
AMBAC
Insured
No
Opt.
Call
12,994,852
4,345
Kirkwood
Industrial
Development
Authority,
Missouri,
Retirement
Community
Revenue
Bonds,
Aberdeen
Heights
Project,
Refunding
Series
2017A,
5.250%,
5/15/50
5/27
at
100.00
3,444,071
Liberty,
Missouri,
Special
Obligation
Tax
Increment
and
Special
Districts
Bonds,
Liberty
Commons
Project,
Series
2015A
:
1,575
(c)
5.750%,
6/01/35
6/25
at
100.00
1,476,608
1,055
(c)
6.000%,
6/01/46
6/25
at
100.00
955,604
1,655
Missouri
Health
and
Education
Facilities
Authority,
Health
Facilities
Revenue
Bonds,
Saint
Luke's
Health
System,
Inc.,
Series
2018A,
4.000%,
11/15/48
5/28
at
100.00
1,573,505
5,465
Missouri
Health
and
Educational
Facilities
Authority,
Health
Facilities
Revenue
Bonds,
Mercy
Health,
Series
2020,
4.000%,
6/01/53
6/30
at
100.00
5,028,935
1,000
Missouri
Health
and
Educational
Facilities
Authority,
Health
Facilities
Revenue
Bonds,
Mercy
Health,
Series
2023,
5.000%,
12/01/52
12/33
at
100.00
1,047,718
15
Missouri
Health
and
Educational
Facilities
Authority,
Health
Facilities
Revenue
Bonds,
Mosaic
Health
System,
Series
2019A,
4.000%,
2/15/44
2/29
at
100.00
14,396
1,255
Missouri
Housing
Development
Commission,
Single
Family
Mortgage
Revenue
Bonds,
First
Place
Homeownership
Loan
Program,
Series
2023C,
4.950%,
11/01/48
5/32
at
100.00
1,271,012
3,470
Missouri
Housing
Development
Commission,
Single
Family
Mortgage
Revenue
Bonds,
First
Place
Homeownership
Loan
Program,
Series
2023E,
5.150%,
11/01/53
11/32
at
100.00
3,543,622
Missouri
Housing
Development
Commission,
Single
Family
Mortgage
Revenue
Bonds,
First
Place
Homeownership
Loan
Program,
Series
2024A
:
1,605
4.600%,
11/01/49
5/33
at
100.00
1,592,614
270
4.700%,
11/01/54
5/33
at
100.00
268,593
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
44
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Missouri
(continued)
$
405
Saint
Louis
County
Industrial
Development
Authority,
Missouri,
Revenue
Bonds,
Friendship
Village
of
Sunset
Hills,
Series
2013A,
5.875%,
9/01/43
5/24
at
100.00
$
405,244
Saint
Louis
County
Industrial
Development
Authority,
Missouri,
Revenue
Bonds,
Saint
Andrew's
Resources
for
Seniors,
Series
2015A
:
1,650
5.000%,
12/01/35
12/25
at
100.00
1,578,585
455
5.125%,
12/01/45
12/25
at
100.00
401,639
4,125
Saint
Louis,
Missouri,
Airport
Revenue
Bonds,
Lambert-St.
Louis
International
Airport,
Series
2005,
5.500%,
7/01/29
-
NPFG
Insured
No
Opt.
Call
4,586,741
15,350
Springfield
Public
Building
Corporation,
Missouri,
Lease
Revenue
Bonds,
Jordan
Valley
Park
Projects,
Series
2000A,
0.000%,
6/01/30
-
AMBAC
Insured
No
Opt.
Call
11,625,587
Total
Missouri
56,236,837
Montana
-
0.4%
(0.2%
of
Total
Investments)
Kalispell,
Montana,
Housing
and
Healthcare
Facilities
Revenue
Bonds,
Immanuel
Lutheran
Corporation,
Series
2017A
:
1,175
5.250%,
5/15/37
5/25
at
102.00
1,058,633
375
5.250%,
5/15/47
5/25
at
102.00
307,079
Montana
Board
of
Housing,
Single
Family
Mortgage
Bonds,
Series
2023A
:
3,090
4.550%,
12/01/48
12/32
at
100.00
3,081,302
2,250
4.700%,
6/01/53
12/32
at
100.00
2,248,442
2,000
Montana
Board
of
Housing,
Single
Family
Mortgage
Bonds,
Series
2023B,
4.875%,
12/01/48
12/32
at
100.00
2,018,926
Montana
Board
of
Housing,
Single
Family
Mortgage
Bonds,
Series
2023C
:
2,200
4.600%,
12/01/43
12/32
at
100.00
2,221,435
1,000
4.850%,
12/01/48
12/32
at
100.00
1,009,014
Total
Montana
11,944,831
Nebraska
-
1.2%
(0.7%
of
Total
Investments)
Douglas
County
Hospital
Authority
3,
Nebraska,
Health
Facilities
Revenue
Bonds,
Nebraska
Methodist
Health
System,
Refunding
Series
2015
:
2,125
4.125%,
11/01/36
11/25
at
100.00
2,132,444
1,765
5.000%,
11/01/45
11/25
at
100.00
1,779,220
3,865
5.000%,
11/01/48
11/25
at
100.00
3,888,988
7,825
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2020A,
2.700%,
9/01/43
3/29
at
100.00
5,884,004
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Series
2023A
:
5,000
(f)
4.550%,
9/01/48,
(UB)
3/32
at
100.00
4,977,071
5,000
(f)
4.600%,
9/01/53,
(UB)
3/32
at
100.00
4,874,570
3,250
Nebraska
Investment
Finance
Authority,
Single
Family
Housing
Revenue
Bonds,
Social
Series
2023C,
4.650%,
9/01/48
9/32
at
100.00
3,265,180
6,800
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
6,493,877
Total
Nebraska
33,295,354
Nevada
-
1.1%
(0.6%
of
Total
Investments)
410
(c)
Director
of
the
State
of
Nevada
Department
of
Business
and
Industry,
Charter
School
Lease
Revenue
Bonds,
Somerset
Academy,
Series
2018A,
5.000%,
12/15/38
12/25
at
100.00
404,541
Henderson,
Nevada,
Local
Improvement
Bonds,
Local
Improvement
District
T-21
Black
Mountain
Ranch,
Series
2022
:
740
3.500%,
9/01/45
9/31
at
100.00
533,363
495
4.000%,
9/01/51
9/31
at
100.00
381,986
45
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Nevada
(continued)
$
20,270
Las
Vegas
Convention
and
Visitors
Authority,
Nevada,
Convention
Center
Expansion
Revenue
Bonds,
Series
2018B,
4.000%,
7/01/49
7/28
at
100.00
$
19,051,566
2,150
Las
Vegas
Convention
and
Visitors
Authority,
Nevada,
Revenue
Bonds,
Refunding
Series
2017B,
4.000%,
7/01/36
7/27
at
100.00
2,168,814
875
(c)
Las
Vegas,
Nevada,
Sales
Tax
Increment
Revenue
Bonds,
Symphony
Park
Tourism
Improvement
District,
Series
2016,
4.375%,
6/15/35
5/24
at
100.00
844,282
500
Neveda
State
Director
of
the
Department
of
Business
and
Industry,
Charter
School
Revenue
Bonds,
Doral
Academy
of
Nevada,
Series
2017A,
5.000%,
7/15/37
7/25
at
100.00
500,420
3,950
Reno,
Nevada,
Subordinate
Lien
Sales
Tax
Revenue
Refunding
Bonds,
ReTrac-Reno
Transporation
Rail
Access
Corridor
Project,
Series
2018A,
4.000%,
6/01/43
12/28
at
100.00
3,701,939
3,000
(c)
Reno,
Nevada,
Subordinate
Lien
Sales
Tax
Revenue
Refunding
Capital
Appreciation
Bonds,
ReTrac-Reno
Transporation
Rail
Access
Corridor
Project,
Series
2018C,
0.000%,
7/01/58
7/38
at
31.26
381,430
3,210
Tahoe-Douglas
Visitors
Authority,
Nevada,
Stateline
Revenue
Bonds,
Series
2020,
5.000%,
7/01/51
7/30
at
100.00
3,161,715
Total
Nevada
31,130,056
New
Hampshire
-
1.3%
(0.8%
of
Total
Investments)
11,830
National
Finance
Authority,
New
Hampshire,
Hospital
Facilities
Revenue
Bonds,
Saint
Elizabeth
Medical
Center,
Inc.,
Series
2021A,
4.000%,
5/01/51
5/31
at
100.00
10,837,304
11,812
National
Finance
Authority,
New
Hampshire,
Municipal
Certificates
Series
2022-1
Class
A,
4.375%,
9/20/36
No
Opt.
Call
11,401,942
5,000
(c)
National
Finance
Authority,
New
Hampshire,
Resource
Recovery
Revenue
Bonds,
Covanta
Project,
Refunding
Series
2018B,
4.625%,
11/01/42
5/24
at
100.00
4,474,712
5,630
(c)
National
Finance
Authority,
New
Hampshire,
Resource
Recovery
Revenue
Bonds,
Covanta
Project,
Refunding
Series
2020A,
3.625%,
7/01/43,
(Mandatory
Put
7/02/40)
7/25
at
100.00
4,436,713
500
New
Hampshire
Health
and
Education
Facilities
Authority,
Revenue
Bonds,
Kendal
at
Hanover,
Series
2016,
5.000%,
10/01/40
10/26
at
100.00
503,138
2,350
New
Hampshire
Housing
Finance
Authority,
Single
Family
Mortgage
Acquisition
Bonds,
Social
Series
2023D,
5.125%,
7/01/53
7/32
at
100.00
2,394,183
4,000
New
Hampshire
Housing
Finance
Authority,
Single
Family
Mortgage
Acquisition
Bonds,
Social
Series
2024A,
4.650%,
7/01/49
1/33
at
100.00
3,998,593
Total
New
Hampshire
38,046,585
New
Jersey
-
5.8%
(3.5%
of
Total
Investments)
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Refunding
Series
2016BBB
:
34,310
(e)
5.500%,
6/15/29,
(Pre-refunded
12/15/26)
12/26
at
100.00
36,325,459
2,110
(e)
5.500%,
6/15/30,
(Pre-refunded
12/15/26)
12/26
at
100.00
2,233,947
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Series
2005N-1
:
6,835
5.500%,
9/01/24
-
AMBAC
Insured
No
Opt.
Call
6,864,658
5,045
5.500%,
9/01/28
-
NPFG
Insured
No
Opt.
Call
5,489,722
New
Jersey
Economic
Development
Authority,
School
Facilities
Construction
Bonds,
Series
2015WW
:
11,335
(e),(f)
5.250%,
6/15/40,
(Pre-refunded
6/15/25)
6/25
at
100.00
11,560,913
655
(e)
5.250%,
6/15/40,
(Pre-refunded
6/15/25)
6/25
at
100.00
668,055
2,305
New
Jersey
Health
Care
Facilities
Financing
Authority,
Revenue
Bonds,
Barnabas
Health,
Refunding
Series
2014A,
5.000%,
7/01/44
7/24
at
100.00
2,306,391
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
46
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
Jersey
(continued)
$
2,050
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Capital
Appreciation
Series
2010A,
0.000%,
12/15/26
No
Opt.
Call
$
1,859,521
20,000
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Refunding
Series
2006C,
0.000%,
12/15/33
-
AGM
Insured
No
Opt.
Call
14,052,952
10,970
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2014AA,
5.000%,
6/15/44
6/24
at
100.00
10,972,463
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2015AA
:
13,690
4.750%,
6/15/38
6/25
at
100.00
13,793,200
7,935
5.000%,
6/15/45
6/25
at
100.00
7,980,000
5,000
New
Jersey
Transportation
Trust
Fund
Authority,
Transportation
System
Bonds,
Series
2019AA,
5.250%,
6/15/43
12/28
at
100.00
5,194,723
33,200
New
Jersey
Turnpike
Authority,
Revenue
Bonds,
Refunding
Series
2005D-
1,
5.250%,
1/01/26
-
AGM
Insured
No
Opt.
Call
34,070,245
5,000
South
Jersey
Transportation
Authority,
New
Jersey,
Transportation
System
Revenue
Bonds,
Series
2020A,
4.000%,
11/01/50
11/30
at
100.00
4,450,974
Tobacco
Settlement
Financing
Corporation,
New
Jersey,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2018A
:
1,420
5.000%,
6/01/46
6/28
at
100.00
1,451,988
1,580
5.250%,
6/01/46
6/28
at
100.00
1,636,170
3,180
Tobacco
Settlement
Financing
Corporation,
New
Jersey,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2018B,
5.000%,
6/01/46
6/28
at
100.00
3,211,364
1,330
Washington
Township
Board
of
Education,
Mercer
County,
New
Jersey,
General
Obligation
Bonds,
Series
2005,
5.250%,
1/01/26
-
AGM
Insured
No
Opt.
Call
1,361,678
Total
New
Jersey
165,484,423
New
Mexico
-
0.2%
(0.1%
of
Total
Investments)
3,345
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2021C,
2.250%,
7/01/46
7/30
at
100.00
2,143,312
1,055
New
Mexico
Mortgage
Finance
Authority,
Single
Family
Mortgage
Program
Bonds,
Class
1
Series
2023C,
4.650%,
9/01/48
9/32
at
100.00
1,059,928
Santa
Fe,
New
Mexico,
Retirement
Facilities
Revenue
Bonds,
EL
Castillo
Retirement
Residences
Project,
Series
2019A
:
670
5.000%,
5/15/44
5/26
at
103.00
618,146
1,200
5.000%,
5/15/49
5/26
at
103.00
1,065,336
1,000
(c)
Winrock
Town
Center
Tax
Increment
Development
District
1,
Albuquerque,
New
Mexico,
Gross
Receipts
Tax
Increment
Bonds,
Senior
Lien
Series
2022,
4.250%,
5/01/40
5/29
at
103.00
906,840
Total
New
Mexico
5,793,562
New
York
-
9.7%
(5.8%
of
Total
Investments)
Babylon
Local
Development
Corporation
II,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Series
2023A
:
1,000
6.400%,
2/01/43
2/33
at
100.00
1,006,523
2,270
6.650%,
2/01/53
2/33
at
100.00
2,287,633
10,400
Battery
Park
City
Authority,
New
York,
Revenue
Bonds,
Senior
Sustainability
Series
2023A,
5.000%,
11/01/48
11/33
at
100.00
11,308,929
14,325
(c)
Build
NYC
Resource
Corporation,
New
York,
Revenue
Bonds,
Albert
Einstein
College
of
Medicine,
Inc,
Series
2015,
5.500%,
9/01/45
9/25
at
100.00
14,325,620
1,350
(c)
Build
NYC
Resource
Corporation,
New
York,
Revenue
Bonds,
Albert
Einstein
College
of
Medicine,
Inc,
Series
2023,
7.250%,
6/01/55
12/30
at
100.00
1,430,775
9,320
(c)
Build
NYC
Resource
Corporation,
New
York,
Revenue
Bonds,
Family
Life
Academy
Charter
School,
Series
2020A-1,
5.500%,
6/01/55
12/30
at
100.00
8,331,280
47
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
(continued)
$
7,390
(c)
Build
NYC
Resource
Corporation,
New
York,
Revenue
Bonds,
Family
Life
Academy
Charter
School,
Series
2020B-1,
5.000%,
6/01/55
12/30
at
100.00
$
6,103,790
14,215
(f)
Dormitory
Authority
of
the
State
of
New
York,
General
Revenue
Bonds,
Northwell
Health
Obligated
Group,
Series
2022A,
4.250%,
5/01/52,
(UB)
5/32
at
100.00
13,646,827
785
Dormitory
Authority
of
the
State
of
New
York,
Insured
Revenue
Bonds,
Mount
Sinai
School
of
Medicine,
Series
1994A,
5.150%,
7/01/24
-
NPFG
Insured
No
Opt.
Call
785,684
9,700
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Columbia
University,
Series
2017A,
5.000%,
10/01/47
No
Opt.
Call
11,126,962
4,070
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Icahn
School
of
Medicine
at
Mount
Sinai,
Refunding
Series
2015A,
5.000%,
7/01/45
7/25
at
100.00
4,080,934
Dormitory
Authority
of
the
State
of
New
York,
Revenue
Bonds,
Orange
Regional
Medical
Center
Obligated
Group,
Series
2015
:
2,700
(c)
5.000%,
12/01/40
6/25
at
100.00
2,554,472
5,600
(c)
5.000%,
12/01/45
6/25
at
100.00
5,066,699
2,095
Genesee
County
Funding
Corporation,
New
York,
Revenue
Bonds,
Rochester
Regional
Health
Project,
Series
2022A,
5.250%,
12/01/52
12/32
at
100.00
2,138,048
2,120
Hempstead
Town
Local
Development
Corporation,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Refunding
Series
2020B,
5.570%,
2/01/41
2/30
at
100.00
1,984,751
2,695
Hempstead
Town
Local
Development
Corporation,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Series
2017A,
6.240%,
2/01/47
2/27
at
100.00
2,637,056
2,965
Hempstead
Town
Local
Development
Corporation,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Series
2018A,
6.760%,
2/01/48
2/28
at
100.00
2,998,693
Hempstead
Town
Local
Development
Corporation,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Series
2020A
:
400
5.530%,
2/01/40
2/30
at
100.00
375,939
1,270
5.730%,
2/01/50
2/30
at
100.00
1,152,792
Hempstead
Town
Local
Development
Corporation,
New
York,
Education
Revenue
Bonds,
The
Academy
Charter
School
Project,
Series
2021A
:
1,210
4.450%,
2/01/41
2/30
at
100.00
981,399
2,380
4.600%,
2/01/51
2/30
at
100.00
1,787,960
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Green
Climate
Bond
Certified
Series
2020C-1
:
2,790
5.000%,
11/15/50
5/30
at
100.00
2,882,345
3,155
5.250%,
11/15/55
5/30
at
100.00
3,279,249
7,660
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Green
Climate
Bond
Certified
Series
2020D-2,
4.000%,
11/15/47
11/30
at
100.00
7,023,872
5,000
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Green
Climate
Bond
Certified
Series
2020D-3,
4.000%,
11/15/49
11/30
at
100.00
4,534,550
14,915
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Green
Refunding
Series
2024A,
4.000%,
11/15/48
-
BAM
Insured
5/34
at
100.00
13,876,613
2,210
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Refunding
Green
Climate
Certified
Series
2017C-1,
5.000%,
11/15/24
No
Opt.
Call
2,223,743
7,520
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Refunding
Green
Climate
Certified
Series
2020E,
4.000%,
11/15/45
11/30
at
100.00
6,998,852
3,585
Monroe
County
Industrial
Development
Corporation,
New
York,
Revenue
Bonds,
Saint
Anns
Community
Project,
Series
2019,
5.000%,
1/01/50
1/26
at
103.00
2,781,231
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
48
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
New
York
(continued)
$
1,000
Nassau
County
Local
Economic
Assistance
Corporation,
New
York,
Revenue
Bonds,
Catholic
Health
Services
of
Long
Island
Obligated
Group
Project,
Series
2014,
5.000%,
7/01/31
7/24
at
100.00
$
1,001,161
20,000
New
York
City
Housing
Development
Corporation,
New
York,  Sustainable
Impact
Revenue
Bonds,
Williamsburg
Housing
Preservation
LP,
Series
2020A,
2.800%,
2/01/50
2/28
at
100.00
13,564,670
5,000
New
York
City
Housing
Development
Corporation,
New
York,
House
Impact
Revenue
Bonds,
Green
Series
2023A,
4.800%,
2/01/53
8/31
at
100.00
5,018,628
10,000
New
York
City
Housing
Development
Corporation,
New
York,
Multifamily
Housing
Revenue
Bonds,
Green
Series
2023B-2,
3.670%,
5/01/54,
(Mandatory
Put
5/07/24)
4/24
at
100.00
10,000,000
11,570
New
York
City
Municipal
Water
Finance
Authority,
New
York,
Water
and
Sewer
System
Second
General
Resolution
Revenue
Bonds,
Fiscal
2016
Series
BB-1,
5.000%,
6/15/46
6/25
at
100.00
11,656,682
10,000
(f)
New
York
City
Municipal
Water
Finance
Authority,
New
York,
Water
and
Sewer
System
Second
General
Resolution
Revenue
Bonds,
Fiscal
2023
Series
DD,
4.125%,
6/15/46,
(UB)
6/33
at
100.00
9,830,155
5,000
New
York
City
Transitional
Finance
Authority,
New
York,
Future
Tax
Secured
Bonds,
Subordinate
Series
2024D-1,
5.000%,
11/01/38
5/34
at
100.00
5,682,507
5
New
York
City,
New
York,
General
Obligation
Bonds,
Fiscal
Series
2005M,
5.000%,
4/01/26
-
FGIC
Insured
5/24
at
100.00
5,005
28,615
(c)
New
York
Liberty
Development
Corporation,
New
York,
Liberty
Revenue
Bonds,
3
World
Trade
Center
Project,
Class
1
Series
2014,
5.000%,
11/15/44
11/24
at
100.00
28,360,618
20,445
New
York
Liberty
Development
Corporation,
New
York,
Liberty
Revenue
Bonds,
7
World
Trade
Center
Project,
Refunding
Green
Series
2022A-CL2,
3.125%,
9/15/50
3/30
at
100.00
15,409,748
2,560
New
York
Liberty
Development
Corporation,
New
York,
Liberty
Revenue
Bonds,
Bank
of
America
Tower
at
One
Bryant
Park
Project,
Second
Priority
Refunding
Series
2019
Class
3,
2.800%,
9/15/69
3/29
at
100.00
2,273,881
3,500
New
York
State
Housing
Finance
Agency,
Affordable
Housing
Revenue
Bonds,
Climate
Bond
Certified/Sustainability
Series
2019P,
3.050%,
11/01/49
5/28
at
100.00
2,573,712
6,500
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
211,
3.750%,
10/01/43
4/27
at
100.00
5,861,361
New
York
State
Mortgage
Agency,
Homeowner
Mortgage
Revenue
Bonds,
Series
252
:
2,140
4.550%,
10/01/48
4/33
at
100.00
2,135,636
2,000
4.650%,
10/01/53
4/33
at
100.00
1,990,129
1,000
Triborough
Bridge
and
Tunnel
Authority,
New
York,
General
Revenue
Bonds,
MTA
Bridges
&
Tunnels,
Series
2022A,
4.000%,
11/15/52
11/32
at
100.00
947,261
4,500
Triborough
Bridge
and
Tunnel
Authority,
New
York,
General
Revenue
Bonds,
MTA
Bridges
&
Tunnels,
Series
2023B-1,
5.250%,
11/15/53
11/33
at
100.00
4,870,847
10,060
Triborough
Bridge
and
Tunnel
Authority,
New
York,
Sales
Tax
Revenue
Bonds,
MTA
Bridges
&
Tunnels,
TBTA
Capital
Lockbox-City
Sales
Tax,
Series
2022A,
4.000%,
5/15/57
11/32
at
100.00
9,391,580
7,110
TSASC
Inc.,
New
York,
Tobacco
Asset-Backed
Bonds,
Series
2006,
5.000%,
6/01/48
6/27
at
100.00
6,325,883
Total
New
York
276,612,685
North
Carolina
-
0.4%
(0.3%
of
Total
Investments)
North
Carolina
Housing
Finance
Agency,
Home
Ownership
Revenue
Bonds,
1998
Trust
Agreement
Social
Series
53-A
:
3,980
4.375%,
7/01/44
7/32
at
100.00
3,913,019
49
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
North
Carolina
(continued)
$
5,000
4.550%,
1/01/50
7/32
at
100.00
$
4,924,232
2,070
North
Carolina
Housing
Finance
Agency,
Home
Ownership
Revenue
Bonds,
Series
52-A,
4.900%,
7/01/43
7/32
at
100.00
2,110,043
2,150
North
Carolina
Medical
Care
Commission,
Retirement
Facilities
First
Mortgage
Revenue
Bonds,
Aldersgate
United
Retirement
Community
Inc.,
Refunding
Series
2017A,
5.000%,
7/01/47
7/27
at
100.00
1,666,411
Total
North
Carolina
12,613,705
North
Dakota
-
2.3%
(1.4%
of
Total
Investments)
9,950
Cass
County,
North
Dakota,
Health
Care
Facilities
Revenue
Bonds,
Essential
Health
Obligated
Group,
Series
2018B,
4.250%,
2/15/48
2/28
at
100.00
9,321,759
4,525
Grand
Forks,
North
Dakota,
Health
Care
System
Revenue
Bonds,
Altru
Health
System
Obligated
Group,
Series
2017A,
5.000%,
12/01/42
12/27
at
100.00
4,491,317
Grand
Forks,
North
Dakota,
Health
Care
System
Revenue
Bonds,
Altru
Health
System
Obligated
Group,
Series
2021
:
1,000
3.000%,
12/01/46
-
AGM
Insured
12/31
at
100.00
761,728
5,000
3.000%,
12/01/51
-
AGM
Insured
12/31
at
100.00
3,617,980
1,000
Grand
Forks,
North
Dakota,
Senior
Housing
&
Nursing
Facilities
Revenue
Bonds,
Valley
Homes
and
Services
Obligated
Group,
Series
2017,
5.000%,
12/01/36
12/26
at
100.00
938,555
2,000
Horace,
Cass
County,
North
Dakota,
General
Obligation
Bonds,
Refunding
Improvement
Series
2023A,,
5.000%,
5/01/48
5/31
at
100.00
1,890,404
3,820
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Series
2020B,
2.500%,
7/01/44
1/30
at
100.00
2,690,924
980
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Social
Series
2022F,
4.250%,
1/01/47
1/32
at
100.00
936,146
1,000
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Social
Series
2023A,
4.700%,
7/01/47
7/32
at
100.00
1,006,681
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Social
Series
2023D
:
1,500
4.500%,
7/01/43
7/32
at
100.00
1,511,251
560
4.550%,
7/01/48
7/32
at
100.00
558,681
2,750
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Social
Series
2023F,
5.100%,
7/01/48
1/33
at
100.00
2,765,021
1,300
North
Dakota
Housing
Finance
Agency,
Home
Mortgage
Finance
Program
Bonds,
Social
Series
2024A,
4.750%,
1/01/52
7/33
at
100.00
1,300,637
Ward
County
Health
Care,
North
Dakota,
Revenue
Bonds,
Trinity
Obligated
Group,
Series
2017C
:
8,300
5.000%,
6/01/38
6/28
at
100.00
7,836,597
1,700
5.000%,
6/01/43
6/28
at
100.00
1,532,937
28,050
5.000%,
6/01/53
6/28
at
100.00
23,563,997
2,501
(d)
Williston,
North
Dakota,
Multifamily
Housing
Revenue
Bonds,
Eagle
Crest
Apartments
LLC
Project,
Series
2013,
7.750%,
9/01/38
5/24
at
100.00
1,250,340
Total
North
Dakota
65,974,955
Ohio
-
8.9%
(5.3%
of
Total
Investments)
2,000
Akron,
Bath
and
Copley
Joint
Township
Hospital
District,
Ohio,
Hospital
Facilities
Revenue
Bonds,
Summa
Health
Obligated
Group,
Refunding
Series
2020,
3.000%,
11/15/40
11/30
at
100.00
1,530,941
50,220
Buckeye
Tobacco
Settlement
Financing
Authority,
Ohio,
Tobacco
Settlement
Asset-Backed
Revenue
Bonds,
Refunding
Senior
Lien
Capital
Appreciation
Series
2020B-3
Class
2,
0.000%,
6/01/57
6/30
at
22.36
4,978,997
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
50
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Ohio
(continued)
Buckeye
Tobacco
Settlement
Financing
Authority,
Ohio,
Tobacco
Settlement
Asset-Backed
Revenue
Bonds,
Refunding
Senior
Lien
Series
2020A-2
Class
1
:
$
53,590
3.000%,
6/01/48
6/30
at
100.00
$
39,224,627
8,680
4.000%,
6/01/48
6/30
at
100.00
7,740,272
30,950
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
28,059,939
Centerville,
Ohio
Health
Care
Improvement
Revenue
Bonds,
Graceworks
Lutheran
Services,
Refunding
&
Improvement
Series
2017
:
2,750
5.250%,
11/01/37
11/27
at
100.00
2,690,214
3,200
5.250%,
11/01/47
11/27
at
100.00
2,884,845
4,000
County
of
Lucas,
Ohio,
Hospital
Revenue
Bonds,
ProMedica
Healthcare
Obligated
Group,
Series
2018A,
5.250%,
11/15/48
11/28
at
100.00
3,977,806
37,150
(f)
Cuyahoga
County,
Ohio,
Certificates
of
Participation,
Convention
Hotel
Project,  Series
2014,
4.375%,
12/01/44,
(UB)
6/24
at
100.00
35,792,972
Darke
County,
Ohio,
Hospital
Facilities
Revenue
Bonds,
Wayne
Healthcare
Project,
Series
2019A
:
1,165
4.000%,
9/01/40
9/29
at
100.00
980,512
1,750
4.000%,
9/01/45
9/29
at
100.00
1,373,091
2,000
5.000%,
9/01/49
9/29
at
100.00
1,752,354
1,890
Dublin
City
School
District,
Franklin,
Delaware
and
Union
Counties,
Ohio,
General
Obligation
Bonds,
School
Facilities
Series
2024,
4.000%,
12/01/53
12/33
at
100.00
1,764,311
4,590
Franklin
County
Convention
Facilities
Authority,
Ohio,
Hotel
Project
Revenue
Bonds,
Greater
Columbus
Convention
Center
Hotel
Expansion
Project,
Series
2019,
5.000%,
12/01/51
12/29
at
100.00
4,301,486
4,065
Franklin
County,
Ohio,
Revenue
Bonds,
Trinity
Health
Credit
Group,
Series
2017A,
3.250%,
12/01/42
12/27
at
100.00
3,393,923
Middletown
City
School
District,
Butler
County,
Ohio,
General
Obligation
Bonds,
Refunding
Series
2007
:
4,380
5.250%,
12/01/27
-
AGM
Insured
No
Opt.
Call
4,652,311
6,000
5.250%,
12/01/31
-
AGM
Insured
No
Opt.
Call
6,701,039
12,000
Muskingum
County,
Ohio,
Hospital
Facilities
Revenue
Bonds,
Genesis
HealthCare
System
Obligated
Group
Project,
Series
2013,
5.000%,
2/15/48
5/24
at
100.00
10,767,938
25,880
Ohio
Air
Quality
Development
Authority,
Ohio,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2009A,
4.750%,
6/01/33
No
Opt.
Call
26,806,973
490
Ohio
Higher
Educational
Facility
Commission,
Senior
Hospital
Parking
Revenue
Bonds,
University
Circle
Incorporated
2020
Project,
Series
2020,
5.000%,
1/15/50
1/30
at
100.00
501,675
4,285
Ohio
Housing
Finance
Agency,
Residential
Mortgage
Revenue
Bonds,
Mortgage-Backed
Securities
Program,
Social
Series
2024A,
4.650%,
9/01/54
9/33
at
100.00
4,234,962
1,270
Ohio
State,
Turnpike
Revenue
Bonds,
Ohio
Turnpike
and
Infrastructutre
Commission
Infrastructure
Projects,
Junior
Lien,
Capital
Appreciation
Series
2013A-3,
5.800%,
2/15/36
2/31
at
100.00
1,473,570
20,505
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2009A,
4.750%,
6/01/33
No
Opt.
Call
21,239,450
20,480
Ohio
Water
Development
Authority,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generating
Corporation
Project,
Series
2010B,
4.750%,
6/01/33,
(Mandatory
Put
6/01/22)
No
Opt.
Call
21,213,555
51
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Ohio
(continued)
$
2,965
Port
of
Greater
Cincinnati
Development
Authority,
Ohio,
Special
Obligation
Tax
Increment
Financing
Revenue
Bonds,
Cooperative
Township
Public
Parking
Project,
Gallery
at
Kenwood,
Senior
Lien
Series
2019A,
5.000%,
11/01/51
11/30
at
100.00
$
2,394,578
1,930
Shaker
Heights
City
School
District,
Ohio,
General
Obligation
Bonds,
School
Facilities
Improvement
Series
2024,
4.375%,
12/15/61
6/34
at
100.00
1,882,098
1,330
Tuscarawas
County
Economic
Development
and
Finance
Alliance,
Ohio,
Higher
Education
Facilities
Revenue
Bonds,
Ashland
University,
Refunding
&
Improvement
Series
2015,
6.000%,
3/01/45
3/25
at
100.00
1,325,170
9,495
Washington
County,
Ohio,
Hospital
Facilities
Revenue
Bonds,
Memorial
Health
System
Obligated
Group,
Series
2022,
6.750%,
12/01/52
12/32
at
100.00
10,221,966
Total
Ohio
253,861,575
Oklahoma
-
1.0%
(0.6%
of
Total
Investments)
Oklahoma
Development
Finance
Authority,
Health
System
Revenue
Bonds,
OU
Medicine
Project,
Series
2018B
:
3,965
5.500%,
8/15/52
8/28
at
100.00
4,032,282
20,510
5.500%,
8/15/57
8/28
at
100.00
20,873,895
Oklahoma
Development
Finance
Authority,
Health
System
Revenue
Bonds,
OU
Medicine
Project,
Taxable
Series
2022
:
1,150
5.500%,
8/15/41
8/32
at
100.00
1,161,451
1,390
5.500%,
8/15/44
8/32
at
100.00
1,389,456
2,340
Tulsa
County
Industrial
Authority,
Oklahoma,
Senior
Living
Community
Revenue
Bonds,
Montereau,
Inc
Project,
Refunding
Series
2017,
5.250%,
11/15/45
11/25
at
102.00
2,295,577
315
University
Oklahoma,
General
Revenue
Bonds,
Refunding
Series
2024A,
4.125%,
7/01/54
-
BAM
Insured
No
Opt.
Call
303,015
Total
Oklahoma
30,055,676
Oregon
-
0.1%
(0.1%
of
Total
Investments)
Clackamas
County
Hospital
Facility
Authority,
Oregon,
Revenue
Bonds,
Rose
Villa
Inc.,
Series
2020A
:
500
5.125%,
11/15/40
11/25
at
102.00
481,899
220
5.250%,
11/15/50
11/25
at
102.00
202,039
315
5.375%,
11/15/55
11/25
at
102.00
290,179
Multnomah
County
Hospital
Facilities
Authority,
Oregon,
Revenue
Bonds,
Mirabella
South
Waterfront,
Refunding
Series
2014A
:
1,000
(e)
5.400%,
10/01/44,
(Pre-refunded
10/01/24)
10/24
at
100.00
1,005,193
800
(e)
5.500%,
10/01/49,
(Pre-refunded
10/01/24)
10/24
at
100.00
804,479
Total
Oregon
2,783,789
Pennsylvania
-
4.7%
(2.8%
of
Total
Investments)
15,595
Allegheny
County
Hospital
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Allegheny
Health
Network
Obligated
Group
Issue,
Series
2018A,
4.000%,
4/01/44
4/28
at
100.00
14,422,615
2,540
(c)
Allentown
Neighborhood
Improvement
Zone
Development
Authority,
Pennsylvania,
Tax
Revenue
Bonds,
City
Center
Refunding
Project,
Series
2017,
5.000%,
5/01/42
5/27
at
100.00
2,506,753
13,235
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
4.750%,
1/01/35,
(Mandatory
Put
7/01/33)
No
Opt.
Call
13,510,509
9,365
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Generation
Project,
Series
2008B,
3.750%,
10/01/47
4/31
at
100.00
7,398,680
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
52
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Pennsylvania
(continued)
$
18,970
Berks
County
Industrial
Development
Authority,
Pennsylvania,
Health
System
Revenue
Bonds,
Tower
Health
Project,
Series
2017,
5.000%,
11/01/50
11/27
at
100.00
$
9,751,215
Bucks
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
School
Lane
Charter
School
Project,
Series
2016
:
2,410
5.125%,
3/15/36
3/27
at
100.00
2,429,078
6,420
5.125%,
3/15/46
3/27
at
100.00
6,070,213
1,000
Butler
County
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Butler
Health
System
Project,
Series
2015A,
5.000%,
7/01/39
7/25
at
100.00
950,100
9,325
Commonwealth
Financing
Authority,
Pennsylvania,
State
Appropriation
Lease
Bonds,
Master
Settlement,
Series
2018,
4.000%,
6/01/39
-
AGM
Insured
6/28
at
100.00
9,212,058
Cumberland
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Diakon
Lutheran
Social
Ministries
Project,
Series
2015
:
435
5.000%,
1/01/29
1/25
at
100.00
436,833
395
(e)
5.000%,
1/01/29,
(Pre-refunded
1/01/25)
1/25
at
100.00
397,808
170
(e)
5.000%,
1/01/29,
(Pre-refunded
1/01/25)
1/25
at
100.00
171,209
1,500
Lancaster
County
Hospital
Authority,
Pennsylvania,
Revenue
Bonds,
Landis
Homes
Retirement
Community
Project,
Refunding
Series
2015A,
5.000%,
7/01/45
7/25
at
100.00
1,380,388
1,750
McCandless
Industrial
Development
Authority,
Pennsylvania,
La
Roche
University
Revenue
Bonds,
Series
A
and
B
of
2022,
6.750%,
12/01/46
12/32
at
100.00
1,658,902
Montgomery
County
Industrial
Development
Authority,
Pennsylvania,
Health
System
Revenue
Bonds,
Albert
Einstein
Healthcare
Network
Issue,
Series
2015A
:
11,030
(e)
5.250%,
1/15/45,
(Pre-refunded
1/15/25)
1/25
at
100.00
11,139,477
1,200
(e)
5.250%,
1/15/46,
(Pre-refunded
1/15/25)
1/25
at
100.00
1,211,911
3,500
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019-131A,
3.100%,
10/01/44
4/29
at
100.00
2,820,650
3,415
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021-135A,
2.500%,
10/01/50
10/30
at
100.00
2,143,242
13,550
Pennsylvania
Turnpike
Commission,
Oil
Franchise
Tax
Revenue
Bonds,
Senior
Series
2018A,
5.250%,
12/01/44
12/28
at
100.00
14,185,850
3,205
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Series
2015A-1,
5.000%,
12/01/45
6/25
at
100.00
3,229,299
11,000
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Subordinate
Series
2009C,
6.250%,
6/01/33
-
AGM
Insured
6/26
at
100.00
11,676,688
15,000
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Subordinate
Series
2015B-1,
5.000%,
12/01/45
12/25
at
100.00
15,153,423
2,675
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Subordinate
Series
2019A,
4.000%,
12/01/49
12/29
at
100.00
2,511,926
Total
Pennsylvania
134,368,827
Puerto
Rico
-
7.4%
(4.4%
of
Total
Investments)
4,934
Cofina
Class
2
Trust
Tax-Exempt
Class
2047,
Puerto
Rico.
Unit
Exchanged
From
Cusip
74529JAN5,
0.000%,
8/01/47
No
Opt.
Call
1,445,883
9,761
Cofina
Class
2
Trust
Tax-Exempt
Class
2054,
Puerto
Rico.
Unit
Exchanged
From
Cusip
74529JAP0,
0.000%,
8/01/54
No
Opt.
Call
1,891,280
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2020A
:
8,000
(c)
5.000%,
7/01/35
7/30
at
100.00
8,408,436
14,625
(c)
5.000%,
7/01/47
7/30
at
100.00
14,817,379
53
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Puerto
Rico
(continued)
Puerto
Rico
Aqueduct
and
Sewerage
Authority,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2021B
:
$
10,090
(c)
5.000%,
7/01/33
7/31
at
100.00
$
10,731,968
5,000
(c)
5.000%,
7/01/37
7/31
at
100.00
5,226,230
7,510
(c)
4.000%,
7/01/42
7/31
at
100.00
7,011,506
8,070
(c)
4.000%,
7/01/47
7/31
at
100.00
7,267,933
145
Puerto
Rico
Public
Finance
Corporation,
Commonwealth
Appropriation
Bonds,
Series
1998A,
5.125%,
6/01/24
-
AMBAC
Insured
No
Opt.
Call
145,108
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
2018A-1
:
2,000
0.000%,
7/01/29
7/28
at
98.64
1,640,849
49
0.000%,
7/01/33
7/28
at
86.06
33,872
837
4.500%,
7/01/34
7/25
at
100.00
840,253
4,709
4.550%,
7/01/40
7/28
at
100.00
4,715,815
51,297
0.000%,
7/01/46
7/28
at
41.38
16,085,472
26,407
0.000%,
7/01/51
7/28
at
30.01
6,054,964
12,700
4.750%,
7/01/53
7/28
at
100.00
12,426,391
27,303
5.000%,
7/01/58
7/28
at
100.00
27,306,219
723
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
Cofina
Project
Series
2019B-2,
4.536%,
7/01/53
7/28
at
100.00
683,515
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Taxable
Restructured
Cofina
Project
Series
2019A-2
:
11,484
4.329%,
7/01/40
7/28
at
100.00
11,246,638
7,385
4.329%,
7/01/40
7/28
at
100.00
7,232,360
6,889
4.784%,
7/01/58
7/28
at
100.00
6,756,674
Puerto
Rico,
General
Obligation
Bonds,
Restructured
Series
2022A-1
:
5,761
5.625%,
7/01/29
No
Opt.
Call
6,216,393
3,969
5.750%,
7/01/31
No
Opt.
Call
4,431,732
21,778
0.000%,
7/01/33
7/31
at
89.94
14,289,445
10,302
4.000%,
7/01/33
7/31
at
103.00
10,154,174
8,816
4.000%,
7/01/35
7/31
at
103.00
8,552,580
10,216
4.000%,
7/01/37
7/31
at
103.00
9,790,725
4,295
4.000%,
7/01/41
7/31
at
103.00
3,996,056
1,473
4.000%,
7/01/46
7/31
at
103.00
1,328,128
Total
Puerto
Rico
210,727,978
Rhode
Island
-
2.2%
(1.3%
of
Total
Investments)
3,430
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bond
Program,
2019
Series
71,
3.100%,
10/01/44
4/29
at
100.00
2,696,109
11,005
Rhode
Island
Housing
&
Mortgage
Finance
Corporation,
Homeownership
Opportunity
Bond
Program,
2022
Series
76A,
2.550%,
10/01/42
4/31
at
100.00
8,172,990
295,135
Rhode
Island
Tobacco
Settlement
Financing
Corporation,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2007A,
0.000%,
6/01/52
5/24
at
19.06
51,122,074
2,595
Rhode
Island
Tobacco
Settlement
Financing
Corporation,
Tobacco
Settlement
Asset-Backed
Bonds,
Series
2015B,
4.500%,
6/01/45
6/25
at
100.00
2,570,496
Total
Rhode
Island
64,561,669
South
Carolina
-
2.6%
(1.6%
of
Total
Investments)
7,600
Piedmont
Municipal
Power
Agency,
South
Carolina,
Electric
Revenue
Bonds,
Series
2004A-2,
0.000%,
1/01/31
-
AMBAC
Insured
No
Opt.
Call
5,770,290
4,500
Rock
Hill,
South
Carolina,
Combined
Utility
System
Revenue
Bonds,
Series
2024A,
4.250%,
1/01/59
1/34
at
100.00
4,189,542
1,185
South
Carolina
Housing
Finance
and
Development
Authority,
Mortgage
Revenue
Bonds,
Series
2022B,
4.350%,
7/01/47
7/31
at
100.00
1,154,526
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
54
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
South
Carolina
(continued)
$
975
South
Carolina
Housing
Finance
and
Development
Authority,
Mortgage
Revenue
Bonds,
Series
2023A,
4.900%,
7/01/48
7/32
at
100.00
$
985,016
1,000
South
Carolina
Housing
Finance
and
Development
Authority,
Mortgage
Revenue
Bonds,
Series
2024A,
4.625%,
7/01/49
1/33
at
100.00
998,176
South
Carolina
Jobs-Economic
Development
Authority,
Economic
Development
Revenue
Bonds,
Bishop
Gadsden
Episcopal
Retirement
Community,
Series
2019A
:
890
5.000%,
4/01/49
4/26
at
103.00
831,128
1,165
4.000%,
4/01/54
4/26
at
103.00
863,497
1,630
5.000%,
4/01/54
4/26
at
103.00
1,490,946
South
Carolina
Jobs-Economic
Development
Authority,
Economic
Development
Revenue
Bonds,
Hilton
Head
Christian
Academy,
Series
2020
:
400
(c)
5.000%,
1/01/40
1/30
at
100.00
373,970
1,000
(c)
5.000%,
1/01/55
1/30
at
100.00
856,734
South
Carolina
Jobs-Economic
Development
Authority,
Health
Facilities
Revenue
Bonds,
Lutheran
Homes
of
South
Carolina
Inc.,
Refunding
Series
2017B
:
1,000
5.000%,
5/01/37
5/24
at
103.00
893,975
750
5.000%,
5/01/42
5/24
at
103.00
627,463
405
South
Carolina
Jobs-Economic
Development
Authority,
Hospital
Revenue
Bonds,
AnMed
Health
Project,
Series
2023,
4.250%,
2/01/48
2/33
at
100.00
397,756
30,325
South
Carolina
Public
Service
Authority,
Santee
Cooper
Revenue
Obligations,
Refunding
&
Improvement
Series
2015A,
5.000%,
12/01/50
6/25
at
100.00
30,345,393
7,565
South
Carolina
Public
Service
Authority,
Santee
Cooper
Revenue
Obligations,
Refunding
&
Improvement
Series
2020A,
3.000%,
12/01/41
-
BAM
Insured
12/30
at
100.00
6,103,709
4,985
South
Carolina
Public
Service
Authority,
Santee
Cooper
Revenue
Obligations,
Refunding
Series
2014C,
5.000%,
12/01/46
12/24
at
100.00
4,835,165
5,000
South
Carolina
Public
Service
Authority,
Santee
Cooper
Revenue
Obligations,
Refunding
Series
2022A,
4.000%,
12/01/52
6/32
at
100.00
4,465,403
10,170
South
Carolina
Public
Service
Authority,
Santee
Cooper
Revenue
Obligations,
Series
2015E,
5.250%,
12/01/55
12/25
at
100.00
10,192,057
Total
South
Carolina
75,374,746
South
Dakota
-
0.6%
(0.4%
of
Total
Investments)
3,765
South
Dakota
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Regional
Health,
Refunding
Series
2017,
5.000%,
9/01/40
9/27
at
100.00
3,850,155
6,000
South
Dakota
Housing
Development
Authority,
Homeownership
Mortgage
Revenue
Bonds,
Series
2022B,
2.500%,
11/01/42
11/30
at
100.00
4,407,060
South
Dakota
Housing
Development
Authority,
Homeownership
Mortgage
Revenue
Bonds,
Social
Series
2023A
:
6,250
(f)
4.350%,
11/01/43,
(UB)
11/31
at
100.00
6,115,327
4,000
(f)
4.550%,
5/01/48,
(UB)
11/31
at
100.00
3,982,309
Total
South
Dakota
18,354,851
Tennessee
-
0.8%
(0.5%
of
Total
Investments)
1,350
Chattanooga-Hamilton
County
Hospital
Authority,
Tennessee,
Hospital
Revenue
Bonds,
Erlanger
Health
System,
Refunding
Series
2014A,
5.000%,
10/01/39
10/24
at
100.00
1,349,947
1,490
Knox
County
Health,
Educational
and
Housing
Facility
Board,
Tennessee,
Hospital
Revenue
Bonds,
East
Tennessee
Children's
Hospital,
Series
2019,
4.000%,
11/15/48
2/29
at
100.00
1,321,629
55
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Tennessee
(continued)
$
2,645
(d)
Memphis/Shelby
County
Economic
Development
Growth
Engine
Industrial
Development
Board,
Tennessee,
Tax
Increment
Revenue
Bonds,
Graceland
Project,
Senior
Series
2017A,
5.500%,
7/01/37
7/27
at
100.00
$
1,827,087
4,100
Tennergy
Corporation,
Tennessee,
Gas
Revenue
Bonds,
Series
2022A,
5.500%,
10/01/53,
(Mandatory
Put
12/01/30)
9/30
at
100.10
4,311,487
830
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Series
2020-3A,
2.550%,
1/01/45
7/29
at
100.00
583,850
10,000
(f)
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Social
Series
2023-3A,
5.350%,
7/01/48,
(UB)
7/32
at
100.00
10,308,726
345
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Social
Series
2024-1A,
4.800%,
7/01/54
1/33
at
100.00
346,619
1,500
(f)
Tennessee
Housing
Development
Agency,
Residential
Finance
Program
Bonds,
Tender
Option
Bond
Trust
Series
2023-XL0448,
4.550%,
7/01/48,
(UB)
7/32
at
100.00
1,496,466
10,000
(c),(d)
The
Health
and
Educational
Facilities
Board
of
the
City
of
Franklin,
Tennessee,
Revenue
Bonds,
Provision
Cares
Proton
Therapy
Center,
Nashville
Project,
Series
2017A,
7.500%,
6/01/47
6/27
at
100.00
435,000
Total
Tennessee
21,980,811
Texas
-
13.5%
(8.1%
of
Total
Investments)
7,670
Aldine
Independent
School
District,
Harris
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2024,
4.000%,
2/15/49
2/34
at
100.00
7,325,857
5,480
Austin,
Texas,
Electric
Utility
System
Revenue
Bonds,
Refunding
Series
2015A,
5.000%,
11/15/45
11/25
at
100.00
5,547,608
1,160
Bexar
County,
Texas,
Certificates
of
Obligation,
Combination
Tax
&
Revenue
Series
2023,
4.000%,
6/15/46
6/33
at
100.00
1,118,014
2,500
Board
of
Managers,
Joint
Guadalupe
County-Seguin
City
Hospital,
Texas,
Hospital
Mortgage
Revenue
Bonds,
Refunding
&
Improvement
Series
2015,
5.000%,
12/01/45
12/25
at
100.00
2,208,549
16,280
(f)
Board
of
Regents
of
the
University
of
Texas
System,
Revenue
Financing
System
Bonds,
Series
2019B,
5.000%,
8/15/49,
(UB)
No
Opt.
Call
18,345,209
945
Board
of
Regents
of
the
University
of
Texas
System,
Revenue
Financing
System
Bonds,
Series
2024A,
4.000%,
8/15/49,
(WI/DD)
8/33
at
100.00
905,688
2,180
Celina,
Texas,
Special
Assessment
Revenue
Bonds,
Sutton
Fields
II
Public
Improvement
District
Neighborhood
Improvement
Area
1
Project,
Series
2015,
7.250%,
9/01/45
9/24
at
102.00
2,220,619
3,855
Celina,
Texas,
Special
Assessment
Revenue
Bonds,
Sutton
Fields
II
Public
Improvement
District
Neighborhood
Improvement
Areas
2-5
Major
Improvement
Project,
Series
2015,
8.250%,
9/01/40
9/24
at
102.00
3,940,324
350
Celina,
Texas,
Special
Assessment
Revenue
Bonds,
Wells
South
Public
Improvement
District
Neighborhood
Improvement
Area
1
Project,
Series
2015,
6.250%,
9/01/45
9/24
at
100.00
350,704
3,335
Central
Texas
Regional
Mobility
Authority,
Revenue
Bonds,
Senior
Lien
Series
2020E,
5.000%,
1/01/45
1/30
at
100.00
3,463,404
5,390
Central
Texas
Regional
Mobility
Authority,
Revenue
Bonds,
Senior
Lien
Series
2021B,
5.000%,
1/01/46
1/31
at
100.00
5,616,439
13,685
(e)
Central
Texas
Regional
Mobility
Authority,
Revenue
Bonds,
Senior
Lien,
Series
2015A,
5.000%,
1/01/45,
(Pre-refunded
7/01/25)
7/25
at
100.00
13,917,927
6,375
Central
Texas
Regional
Mobility
Authority,
Revenue
Bonds,
Senior
Lien,
Series
2016,
3.375%,
1/01/41
1/26
at
100.00
5,514,204
Clifton
Higher
Education
Finance
Corporation,
Texas,
Education
Revenue
Bonds,
Uplift
Education
Charter
School,
Series
2013A
:
765
4.350%,
12/01/42
5/24
at
100.00
693,022
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
56
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
(continued)
$
685
4.400%,
12/01/47
5/24
at
100.00
$
594,738
4,000
Clifton
Higher
Education
Finance
Corporation,
Texas,
Education
Revenue
Bonds,
Uplift
Education
Charter
School,
Series
2015A,
5.000%,
12/01/45
6/25
at
100.00
3,893,091
Club
Municipal
Management
District
1,
Texas,
Special
Assessment
Revenue
Bonds,
Improvement
Area
1
Project,
Series
2016
:
380
5.750%,
9/01/28
9/24
at
102.00
387,594
710
6.500%,
9/01/46
9/24
at
102.00
724,900
7,305
Conroe
Independent
School
District,
Montgomery
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2024,
5.000%,
2/15/49
2/34
at
100.00
7,835,040
400
(e)
Decatur
Hospital
Authority,
Texas,
Revenue
Bonds,
Wise
Regional
Health
System,
Series
2014A,
5.250%,
9/01/44,
(Pre-refunded
9/01/24)
9/24
at
100.00
401,378
12,000
(f)
Denton
Independent
School
District,
Denton
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2023,
5.000%,
8/15/53,
(UB)
8/33
at
100.00
12,728,849
1,260
Fort
Bend
County
Industrial
Development
Corporation,
Texas,
Revenue
Bonds,
NRG
Energy
Inc.
Project,
Series
2012A.
RMKT,
4.750%,
5/01/38
5/24
at
100.00
1,259,955
6,010
Fort
Bend
County
Industrial
Development
Corporation,
Texas,
Revenue
Bonds,
NRG
Energy
Inc.
Project,
Series
2012B,
4.750%,
11/01/42
5/24
at
100.00
5,972,017
525
Frisco
Independent
School
District,
Collin
and
Denton
Counties,
Texas,
General
Obligation
Bonds,
Refunding
&
School
Building
Series
2024,
4.000%,
2/15/49,
(WI/DD)
2/34
at
100.00
502,991
2,490
Greater
Texoma
Utility
Authority,
Texas,
Contract
Revenue
Bonds,
City
of
Sherman
Project
Series
2023A,
4.375%,
10/01/53
-
BAM
Insured
10/32
at
100.00
2,419,316
1,535
Greater
Texoma
Utility
Authority,
Texas,
Contract
Revenue
Bonds,
City
of
Sherman
Project
Series
2024,
4.375%,
10/01/54
-
BAM
Insured
10/33
at
100.00
1,475,668
7,305
Greenville,
Texas,
General
Obligation
Bonds,
Series
2024,
4.125%,
2/15/51
-
AGM
Insured
No
Opt.
Call
6,926,218
3,105
Harris
County
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Revenue
Bonds,
Houston
Methodist
Hospital
System,
Series
2015,
5.000%,
12/01/45
6/25
at
100.00
3,123,973
1,000
Harris
County
Flood
Control
District,
Texas,
General
Obligation
Bonds,
Refunding
Improvement,
Green
Series
2023A,
4.000%,
9/15/48
9/33
at
100.00
954,585
4,080
(c)
Harris
County,
Texas,
General
Obligtion
Toll
Road
Revenue
Bonds,
Tender
Option
Bond
Trust
2015-XF0074,
6.726%,
8/15/32
-
AGM
Insured,
(IF)
No
Opt.
Call
6,103,314
6,000
Harris
County-Houston
Sports
Authority,
Texas,
Revenue
Bonds,
Capital
Appreciation
Refunding
Senior
Lien
Series
2014A,
0.000%,
11/15/48
11/31
at
44.13
1,739,506
3,775
Harris
County-Houston
Sports
Authority,
Texas,
Revenue
Bonds,
Refunding
Senior
Lien
Series
2014A,
5.000%,
11/15/53
11/24
at
100.00
3,665,796
Harris
County-Houston
Sports
Authority,
Texas,
Revenue
Bonds,
Third
Lien
Series
2004A-3
:
14,055
0.000%,
11/15/34
-
NPFG
Insured
11/24
at
55.69
7,632,867
1,940
(e)
0.000%,
11/15/34,
(Pre-refunded
11/15/24)
-
NPFG
Insured
11/24
at
55.69
1,055,658
Hidalgo
County
Regional
Mobility
Authority,
Texas,
Toll
and
Vehicle
Registration
Fee
Revenue
Bonds,
Senior
Lien
Series
2022A
:
2,295
0.000%,
12/01/42
12/31
at
68.27
913,477
3,000
0.000%,
12/01/43
12/31
at
65.48
1,123,381
3,000
0.000%,
12/01/44
12/31
at
62.57
1,051,401
4,000
0.000%,
12/01/45
12/31
at
59.85
1,318,300
7,165
0.000%,
12/01/46
12/31
at
57.36
2,218,477
7,580
0.000%,
12/01/47
12/31
at
55.10
2,202,778
7,095
0.000%,
12/01/48
12/31
at
52.91
1,942,558
7,550
0.000%,
12/01/49
12/31
at
50.78
1,927,119
5,140
0.000%,
12/01/50
12/31
at
48.73
1,227,785
4,000
0.000%,
12/01/51
12/31
at
46.73
893,296
57
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
(continued)
$
5,000
Houston
Higher
Education
Finance
Corporation,
Texas,
Education
Revenue
Bonds,
KIPP,
Inc.,
Refunding
Series
2015,
4.000%,
8/15/44
8/25
at
100.00
$
4,761,838
100
Houston
Higher
Education
Finance
Corporation,
Texas,
Revenue
Bonds,
Rice
University,
Series
2024,
5.000%,
5/15/34
No
Opt.
Call
117,073
Houston,
Texas,
Hotel
Occupancy
Tax
and
Special
Revenue
Bonds,
Convention
and
Entertainment
Project,
Series
2001B
:
4,090
0.000%,
9/01/26
-
AMBAC
Insured
No
Opt.
Call
3,739,014
4,865
0.000%,
9/01/27
-
AGM
Insured
No
Opt.
Call
4,287,253
4,715
Houston,
Texas,
Hotel
Occupancy
Tax
and
Special
Revenue
Bonds,
Refunding
Series
2015,
5.000%,
9/01/40
9/24
at
100.00
4,718,038
17,000
(e)
Houston,
Texas,
Water
and
Sewerage
System
Revenue
Bonds,
Refunding
Junior
Lien
Series
2002A,
5.750%,
12/01/32
-
AGM
Insured,
(ETM)
No
Opt.
Call
20,677,472
2,895
Humble
Independent
School
District,
Harris
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2024,
4.000%,
2/15/54
2/34
at
100.00
2,731,922
6,545
Hurst-Euless-Bedford
Independent
School
District,
Tarrant
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2024,
4.000%,
8/15/50
8/34
at
100.00
6,161,013
3,450
Judson
Independent
School
District,
Bexar
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2024,
4.000%,
2/01/53
2/34
at
100.00
3,227,260
940
Kerrville
Health
Facilities
Development
Corporation,
Texas,
Revenue
Bonds,
Sid
Peterson
Memorial
Hospital
Project,
Series
2015,
5.000%,
8/15/30
8/25
at
100.00
949,419
6,665
Lamar
Consolidated
Independent
School
District,
Fort
Bend
County,
Texas,
General
Obligation
Bonds,
Schoolhouse
Series
2023A,
5.000%,
2/15/58
2/33
at
100.00
7,026,691
1,000
Lower
Colorado
River
Authority,
Texas,
Transmission
Contract
Revenue
Bonds,
LCRA
Transmission
Services
Corporation
Project,
Refunding
Series
2015,
5.000%,
5/15/45
5/25
at
100.00
1,007,462
McCamey
County
Hospital
District,
Texas,
General
Obligation
Bonds,
Series
2013
:
3,095
5.750%,
12/01/33
12/25
at
100.00
3,121,186
3,125
6.125%,
12/01/38
12/25
at
100.00
3,145,744
6,465
Midland
Independent
School
District,
Midland
County,
Texas,
General
Obligation
Bonds,
School
Building
Series
2024,
4.000%,
2/15/54
2/33
at
100.00
6,045,376
2,865
New
Braunfels,
Comal
County,
Texas,
Utility
System
Revenue
Bonds,
Refunding
Series
2024,
4.000%,
7/01/55
7/34
at
100.00
2,620,489
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Retirement
Facility
Revenue
Bonds,
Legacy
at
Willow
Bend
Project,
Series
2016
:
2,335
5.000%,
11/01/46
5/24
at
103.00
1,851,957
6,015
5.000%,
11/01/51
5/24
at
103.00
4,633,273
745
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Retirement
Facility
Revenue
Bonds,
Wesleyan
Homes,
Inc.
Project,
Series
2014,
5.500%,
1/01/43
1/25
at
100.00
639,869
210
(e)
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Student
Housing
Revenue
Bonds,
CHF-Collegiate
Housing
Corpus
Christi
II,
L.L.C.-Texas
A&M
University-Corpus
Christi
Project,
Series
2016A,
5.000%,
4/01/48,
(Pre-refunded
4/01/26)
4/26
at
100.00
215,778
4,530
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Student
Housing
Revenue
Bonds,
CHF-Collegiate
Housing
Foundation
-
College
Station
I
LLC
-
Texas
A&M
University
Project,
Series
2014A,
4.100%,
4/01/34
-
AGM
Insured
5/24
at
100.00
4,337,921
Nuveen
AMT-Free
Municipal
Credit
Income
Fund
(continued)
Portfolio
of
Investments
April
30,
2024
(Unaudited)
58
NVG
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(b)
Value
Texas
(continued)
$
820
(e)
New
Hope
Cultural
Education
Facilities
Finance
Corporation,
Texas,
Student
Housing
Revenue
Bonds,
CHF-Collegiate
Housing
Foundation
-
San
Antonio
1,
L.L.C.
-
Texas
A&M
University
-
San
Antonio
Project,
Series
2016A,
5.000%,
4/01/48,
(Pre-refunded
4/01/26)
4/26
at
100.00
$
841,797
North
Texas
Tollway
Authority,
Special
Projects
System
Revenue
Bonds,
Convertible
Capital
Appreciation
Series
2011C
:
2,590
(e)
7.000%,
9/01/43,
(Pre-refunded
9/01/31)
9/31
at
100.00
3,164,618