JRS	Nuveen Real Estate Income Fund Portfolio of Investments    March 31, 2019
	(Unaudited)

Shares		Description (1)	Value
		LONG-TERM INVESTMENTS – 135.1% (95.7% of Total Investments)
		REAL ESTATE INVESTMENT TRUST COMMON STOCKS – 84.2% (59.7% of Total Investments)
		Diversified – 4.1% (2.9% of Total Investments)
	270,275	Liberty Property Trust	$	13,086,715
		Health Care – 7.3% (5.2% of Total Investments)
	417,925	HCP Inc., (2)		13,081,052
	207,175	Senior Housing Properties Trust		2,440,522
	100,875	Welltower Inc.		7,827,900
		Total Health Care		23,349,474
		Hotels, Restaurants & Leisure – 4.8% (3.4% of Total Investments)
	547,875	Host Hotels & Resorts Inc.		10,354,837
	82,675	Pebblebrook Hotel Trust		2,567,885
	177,425	Sunstone Hotel Investors Inc.		2,554,920
		Total Hotels, Restaurants & Leisure		15,477,642
		Industrial – 6.1% (4.3% of Total Investments)
	270,078	Prologis Inc., (2)		19,432,112
		Office – 14.5% (10.3% of Total Investments)
	111,750	Alexandria Real Estate Equities Inc.		15,931,080
	19,600	Boston Properties Inc.		2,624,048
	102,625	Brandywine Realty Trust		1,627,633
	300,275	Douglas Emmett Inc.		12,137,115
	186,650	Hudson Pacific Properties Inc.		6,424,493
	101,125	Kilroy Realty Corporation		7,681,455
		Total Office		46,425,824
		Residential – 18.0% (12.8% of Total Investments)
	655,850	American Homes 4 Rent, (2)		14,900,912
	257,399	Apartment Investment & Management Company, Class A		12,944,596
	72,888	AvalonBay Communities Inc.		14,630,808
	168,170	Equity Residential		12,666,564
	113,150	Invitation Homes Inc., (2)		2,752,940
		Total Residential		57,895,820
		Retail – 11.9% (8.4% of Total Investments)
	379,425	Kimco Realty Corporation		7,019,363
	120,977	Macerich Company, (2)		5,244,353
	57,399	Simon Property Group Inc., (2)		10,458,672
	157,800	Taubman Centers Inc.		8,344,464
	244,525	Weingarten Realty Investors, (2)		7,181,699
		Total Retail		38,248,551
		Specialized – 17.5% (12.4% of Total Investments)
	60,000	CoreSite Realty Corporation		6,421,200
	76,800	CyrusOne Inc.		4,027,392
	33,300	Digital Realty Trust Inc.		3,962,700
	35,925	Equinix Inc., (2)		16,279,773
	138,200	Life Storage Inc., (2)		13,442,714
	54,687	Public Storage, (2)		11,909,735
		Total Specialized		56,043,514
		Total Real Estate Investment Trust Common Stocks (cost $203,007,645)		269,959,652

1

JRS	Nuveen Real Estate Income Fund (continued)
	Portfolio of Investments    March 31, 2019
	(Unaudited)

Shares		Description (1)	Coupon		Ratings (3)		Value
		REAL ESTATE INVESTMENT TRUST PREFERRED STOCKS – 50.1% (35.4% of Total Investments)
		Diversified – 4.9% (3.4% of Total Investments)
	104,925	PS Business Parks Inc.		5.750%		BBB	$	2,658,800
	36,625	PS Business Parks Inc.		5.700%		BBB		950,419
	93,775	PS Business Parks Inc.		5.200%		Baa2		2,226,218
	385,525	VEREIT Inc.		6.700%		BB		9,703,664
		Total Diversified						15,539,101
		Health Care – 0.2% (0.1% of Total Investments)
	17,450	Senior Housing Properties Trust, (2)		6.250%		BBB–		463,472
		Hotels, Restaurants & Leisure – 1.8% (1.2% of Total Investments)
	25,235	Ashford Hospitality Trust Inc.		8.450%		N/R		641,978
	2,100	Hersha Hospitality Trust		6.500%		N/R		48,069
	7,375	Pebblebrook Hotel Trust		6.375%		N/R		193,594
	179,450	Sunstone Hotel Investors Inc.		6.950%		N/R		4,791,315
		Total Hotels, Restaurants & Leisure						5,674,956
		Industrial – 0.8% (0.6% of Total Investments)
	79,000	Monmouth Real Estate Investment Corp		6.125%		N/R		1,895,210
	22,900	Rexford Industrial Realty Inc.		5.875%		BB+		560,363
	7,000	Rexford Industrial Realty Inc.		5.875%		BB+		172,410
		Total Industrial						2,627,983
		Office – 8.8% (6.3% of Total Investments)
	9,989	Highwoods Properties Inc., (2), (4)		8.625%		Baa3		11,737,075
	233,625	SL Green Realty Corp		6.500%		Ba1		6,032,197
	272,450	Vornado Realty Trust, (2)		5.700%		BBB–		6,876,638
	56,950	Vornado Realty Trust		5.400%		BBB–		1,412,930
	96,100	Vornado Realty Trust		5.250%		BBB–		2,253,545
		Total Office						28,312,385
		Residential – 6.6% (4.7% of Total Investments)
	223,275	American Homes 4 Rent		6.500%		BB		5,916,787
	44,600	American Homes 4 Rent		6.350%		BB		1,164,060
	132,400	American Homes 4 Rent		6.250%		Ba1		3,336,480
	12,700	American Homes 4 Rent		5.875%		BB		315,595
	356,900	Apartment Investment & Management Co		6.875%		BB		9,111,657
	23,505	Mid-America Apartment Communities Inc.		8.500%		BBB–		1,445,558
		Total Residential						21,290,137
		Retail – 20.2% (14.3% of Total Investments)
	307,400	Brookfield Property REIT Inc.		6.375%		N/R		7,777,220
	26,750	Kimco Realty Corp		6.000%		Baa2		679,450
	17,650	Kimco Realty Corp		5.625%		Baa2		437,720
	13,475	Kimco Realty Corp		5.500%		Baa2		333,911
	13,850	Kimco Realty Corp		5.250%		Baa2		322,705
	2,750	Kimco Realty Corp		5.125%		Baa2		64,818
	77,300	National Retail Properties Inc.		5.700%		Baa2		1,953,371
	28,175	National Retail Properties Inc.		5.200%		Baa2		683,244
	42,950	Pennsylvania Real Estate Investment Trust		7.375%		N/R		923,425
	142,200	Pennsylvania Real Estate Investment Trust		7.200%		N/R		2,950,650
	230,979	Saul Centers Inc.		6.875%		N/R		6,042,411
	3,169	Simon Property Group Inc.		8.375%		BBB+		220,087
	316,800	SITE Centers Corp		6.500%		Ba1		8,186,112
	155,700	SITE Centers Corp		6.375%		BB+		3,962,565
	101,850	SITE Centers Corp		6.250%		Ba1		2,621,619
	310,525	Taubman Centers Inc., (2)		6.500%		N/R		8,033,282
	541,125	Taubman Centers Inc., (2)		6.250%		N/R		13,906,912
	163,400	Urstadt Biddle Properties Inc., (2)		6.750%		N/R		4,214,086
	57,375	Urstadt Biddle Properties Inc.		6.250%		N/R		1,509,536
		Total Retail						64,823,124

2

Shares		Description (1)	Coupon		Ratings (3)		Value
		Specialized – 6.8% (4.8% of Total Investments)
	6,100	Digital Realty Trust Inc.		6.350%		Baa3	$	157,990
	38,350	National Storage Affiliates Trust		6.000%		N/R		954,532
	272,225	Public Storage		6.000%		A3		6,884,570
	74,000	Public Storage		5.875%		A3		1,916,600
	86,075	Public Storage		5.625%		A3		2,185,444
	33,825	Public Storage		5.400%		A3		858,140
	67,450	Public Storage		5.375%		A3		1,670,062
	82,075	Public Storage		5.200%		A3		2,014,941
	22,075	Public Storage		5.200%		A3		548,564
	83,925	Public Storage		5.050%		A3		2,099,803
	17,625	QTS Realty Trust Inc.		7.125%		B–		444,150
	18,100	QTS Realty Trust Inc.		6.500%		B–		1,966,022
		Total Specialized						21,700,818
		Total Real Estate Investment Trust Preferred Stocks (cost $155,394,192)						160,431,976
Shares		Description (1)					Value
		COMMON STOCKS – 0.8% (0.6% of Total Investments)
		Hotels, Restaurants & Leisure – 0.8% (0.6% of Total Investments)
	36,875	Hyatt Hotels Corporation, Class A					$	2,676,019
		Total Common Stocks (cost $2,672,837)						2,676,019
		Total Long-Term Investments (cost $361,074,674)						433,067,647
Principal Amount (000)		Description (1)	Coupon		Maturity		Value
		SHORT-TERM INVESTMENTS – 6.1% (4.3% of Total Investments)
		REPURCHASE AGREEMENTS – 6.1% (4.3% of Total Investments)
$	19,523	Repurchase Agreement with Fixed Income Clearing Corporation, dated 3/29/19, repurchase price $19,525,247, collateralized by $19,450,000 U.S. Treasury Notes, 2.500%, due 3/31/23, value $19,917,597		1.200%		4/01/19	$	19,523,295
		Total Short-Term Investments (cost $19,523,295)						19,523,295
		Total Investments (cost $380,597,969) – 141.2%						452,590,942
		Borrowings – (39.3)% (5), (6)						(126,000,000	)
		Other Assets Less Liabilities – (1.9)% (7)						(5,963,287	)
		Net Assets Applicable to Common Shares – 100%					$	320,627,655

Investments in Derivatives

Interest Rate Swaps – OTC Uncleared

Counterparty

Notional Amount

Fund Pay/Receive Floating Rate

Floating Rate Index

Fixed Rate (Annualized)

Fixed Rate Payment Frequency

Effective Date (8)

Optional Termination Date

Maturity Date

Value

Unrealized Appreciation (Depreciation)

Morgan Stanley Capital Services LLC

$

72,400,000

Receive

1-Month LIBOR

1.994

%

Monthly

6/01/18

7/01/25

7/01/27

$

314,557

$

314,557

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.

Fair Value Measurements

Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would

3

JRS	Nuveen Real Estate Income Fund (continued)
	Portfolio of Investments    March 31, 2019
	(Unaudited)

use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 –	Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2 –	Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3 –	Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).

The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:

	Level 1		Level 2		Level 3		Total
Long-Term Investments:
Real Estate Investment Trust Common Stocks	$	269,959,652	$	—	$	—	$	269,959,652
Real Estate Investment Trust Preferred Stocks		148,694,901		11,737,075		—		160,431,976
Common Stocks		2,676,019		—		—		2,676,019
Short-Term Investments:
Repurchase Agreements		—		19,523,295		—		19,523,295
Investments in Derivatives:
Interest Rate Swaps*		—		314,557		—		314,557
Total	$	421,330,572	$	31,574,927	$	—	$	452,905,499

* Represents net unrealized appreciation (depreciation).

For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.

(1) All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.

(2) Investment, or portion of investment, is hypothecated. The total value of investments hypothecated as of the end of the reporting period was $118,635,143.

(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.

(4) For fair value measurement disclosure purposes, investment classified as Level 2.

(5) Borrowings as a percentage of Total Investments is 27.8%.

(6) The Fund may pledge up to 100% of its eligible investments (excluding any investments separately pledged as collateral for specific investments in derivatives, when applicable) in the Portfolio of Investments as collateral for borrowings. As of the end of the reporting period investments with a value of $282,510,266 have been pledged as collateral for borrowings.

(7) Other assets less liabilities includes the unrealized appreciation (depreciation) of certain over-the-counter (“OTC”) derivatives as well as the OTC cleared and exchange-traded derivatives, when applicable.

(8) Effective date represents the date on which both the Fund and counterparty commence interest payment accruals on each contract.

LIBOR London Inter-Bank Offered Rate

REIT Real Estate Investment Trust

4