N-Q/A 1 c22475nvqza.htm AMENDMENT TO QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS nvqza
Table of Contents

 
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-Q/A
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number   811-21809    
Nuveen Equity Premium and Growth Fund
(Exact name of registrant as specified in charter)
     333 West Wacker Drive, Chicago, Illinois 60606     
(Address of principal executive offices) (Zip code)
Kevin J. McCarthy—Vice President and Secretary
     333 West Wacker Drive, Chicago, Illinois 60606     
(Name and address of agent for service)
Registrant’s telephone number, including area code:      312-917-7700     
Date of fiscal year end:        12/31      
Date of reporting period:    9/30/2007   
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q 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 the 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. § 3507.
 
 

 


TABLE OF CONTENTS

Item 1. Schedule of Investments
Item 2. Controls and Procedures
Item 3. Exhibits
SIGNATURES
Certification


Table of Contents

Item 1. Schedule of Investments
Portfolio of Investments (Unaudited)
Nuveen Equity Premium and Growth Fund (JPG)
September 30, 2007
                                     
                                 
Shares     Description                       Value  
 
 
 
                           
 
Common Stocks – 100.0%
 
 
                           
 
Aerospace & Defense – 1.9%
 
 
                           
  20,500    
Boeing Company
                      $ 2,152,295  
  4,500    
Goodrich Corporation
                        307,035  
  33,500    
Honeywell International Inc.
                        1,992,245  
  23,900    
United Technologies Corporation
                        1,923,472  
 
 
Total Aerospace & Defense
                        6,375,047  
         
 
 
                           
 
Air Freight & Logistics – 0.6%
 
 
                           
  28,200    
United Parcel Service, Inc., Class B
                        2,117,820  
 
 
 
                           
 
Airlines – 0.1%
 
 
                           
  4,621    
AMR Corporation-DEL, (1)
                        103,002  
  6,400    
Continental Airlines, inc., (1)
                        211,392  
 
 
Total Airlines
                        314,394  
         
 
 
                           
 
Auto Components – 0.3%
 
 
                           
  24,800    
American Axle and Manufacturing Holdings Inc.
                        626,200  
  9,310    
Cooper Tire & Rubber
                        227,164  
 
 
Total Auto Components
                        853,364  
         
 
 
                           
 
Automobiles – 0.4%
 
 
                           
  35,600    
General Motors Corporation
                        1,306,520  
  2,500    
Harley-Davidson, Inc.
                        115,525  
 
 
Total Automobiles
                        1,422,045  
         
 
 
                           
 
Beverages – 0.6%
 
 
                           
  35,500    
Coca-Cola Company
                        2,040,185  
 
 
 
                           
 
Capital Markets – 3.0%
 
 
                           
  35,000    
Charles Schwab Corporation
                        756,000  
  8,500    
Goldman Sachs Group, Inc.
                        1,842,290  
  106,850    
JPMorgan Chase & Co.
                        4,895,867  
  31,000    
Morgan Stanley
                        1,953,000  
  18,800    
Waddell & Reed Financial, Inc., Class A
                        508,164  
 
 
Total Capital Markets
                        9,955,321  
         
 
 
                           
 
Chemicals – 1.8%
 
 
                           
  1,000    
Chemtura Corporation
                        8,890  
  51,000    
Dow Chemical Company
                        2,196,060  
  38,955    
E.I. Du Pont de Nemours and Company
                        1,930,610  
  2,700    
Eastman Chemical Company
                        180,171  
  3,000    
Lyondell Chemical Company
                        139,050  
  14,000    
Olin Corporation
                        313,320  
  13,000    
PPG Industries, Inc.
                        982,150  
  8,000    
RPM International, Inc.
                        191,600  
 
 
Total Chemicals
                        5,941,851  
         
 
 
                           
 
Commercial Banks – 7.7%
 
 
                           
  171,303    
Bank of America Corporation
                        8,611,402  
  2,350    
Citizens Republic Bancorp.
                        37,859  
  8,000    
Comerica Incorporated
                        410,240  
  1,368    
Corus Bankshares Inc.
                        17,811  
  9,000    
Federated Investors Inc.
                        357,300  
  20,622    
First Horizon National Corporation
                        549,783  
  49,320    
FirstMerit Corporation
                        974,563  
  27,720    
HSBC Holdings PLC, Sponsored ADR
                        2,566,872  
  19,984    
Huntington BancShares Inc.
                        339,328  
  34,000    
Lloyds TSB Group PLC, Sponsored ADR
                        1,511,640  
  18,800    
National City Corporation
                        471,692  
  15,493    
Regions Financial Corporation
                        456,734  
  91,383    
U.S. Bancorp
                        2,972,689  
  32,118    
Wachovia Corporation
                        1,610,718  
  23,966    
Washington Mutual, Inc.
                        846,239  
  98,100    
Wells Fargo & Company
                        3,494,322  
 
 
Total Commercial Banks
                        25,229,192  
         
 
 
                           
 
Commercial Services & Supplies – 0.4%
 
 
                           
  1,400    
Avery Dennison Corporation
                        79,828  
  29,387    
Deluxe Corporation
                        1,082,617  
 
 
Total Commercial Services & Supplies
                        1,162,445  
         
 
 
                           
 
Communications Equipment – 1.4%
 
 
                           
  119,800    
Cisco Systems, Inc., (1)
                        3,966,578  
  21,452    
Corning Incorporated
                        528,792  
  1,000    
Plantronics Inc.
                        28,550  
  1,989    
QUALCOMM Inc.
                        84,055  
 
 
Total Communications Equipment
                        4,607,975  
         
 
 
                           
 
Computers & Peripherals – 3.0%
 
 
                           
  15,467    
Apple, Inc., (1)
                        2,374,803  
  12,000    
Dell Inc., (1)
                        331,200  
  25,000    
EMC Corporation, (1)
                        520,000  
  65,500    
Hewlett-Packard Company
                        3,261,245  
  27,500    
International Business Machines Corporation (IBM)
                        3,239,500  
 
 
Total Computers & Peripherals
                        9,726,748  
         
 
 
                           
 
Consumer Finance – 0.0%
 
 
                           
  4,757    
Discover Financial Services
                        98,946  
 
 
 
                           
 
Containers & Packaging – 0.1%
 
 
                           
  21,200    
Packaging Corp. of America
                        616,284  
 
 
 
                           
 
Diversified Financial Services – 2.8%
 
 
                           
  38,787    
Asset Accceptance Capital Corporation, (1)
                        449,929  
  48,845    
Capitalsource Inc.
                        988,623  
  144,121    
Citigroup Inc.
                        6,726,127  
  1,500    
CME Group, Inc.
                        881,025  
  4,000    
Federal Home Loan Mortgage Corporation
                        236,040  
 
 
Total Diversified Financial Services
                        9,281,744  
         
 
 
                           
 
Diversified Telecommunication Services – 5.2%
 
 
                           
  4,000    
Alaska Communications Systems Group Inc.
                        57,800  
  142,380    
AT&T Inc.
                        6,024,098  
  132,883    
Chunghwa Telecom Co., Ltd., Sponsored ADR
                        2,455,678  
  104,800    
Citizens Communications Company
                        1,500,736  
  3,700    
Compania Anonima Nacional Telefonos de Venezuela
                        30,516  
  15,600    
FairPoint Communications Inc.
                        294,216  
  2,000    
France Telecom SA
                        66,880  
  33,335    
Iowa Telecommunications Services, Inc.
                        661,700  
  5,420    
Magyar Telekom Telecommunications
                        151,706  
  132,448    
Verizon Communications Inc.
                        5,864,797  
 
 
Total Diversified Telecommunication Services
                        17,108,127  
         
 
 
                           
 
Electric Utilities – 1.6%
 
 
                           
  5,400    
Ameren Corporation
                        283,500  
  26,500    
CenterPoint Energy, Inc.
                        424,795  
  120,000    
Companhia Energetica de Minas Gerais
                        2,559,600  
  13,600    
Consolidated Edison, Inc.
                        629,680  
  6,000    
Enel SpA, Sponsored ADR
                        338,220  
  14,700    
Great Plains Energy Incorporated
                        423,507  
  8,882    
Progress Energy, Inc.
                        416,122  
  3,849    
TXU Corp.
                        263,541  
 
 
Total Electric Utilities
                        5,338,965  
         
 
 
                           
 
Electrical Equipment – 1.1%
 
 
                           
  5,000    
Cooper Industries, Ltd., Class A
                        255,450  
  60,000    
Emerson Electric Co.
                        3,193,200  
  2,000    
Hubbell Incorporated, Class B
                        114,240  
  1,000    
Rockwell Automation, Inc.
                        69,510  
 
 
Total Electrical Equipment
                        3,632,400  
         
 
 
                           
 
Electronic Equipment & Instruments – 0.1%
 
 
                           
  3,100    
MEMC Electronic Materials, (1)
                        182,466  
 
 
 
                           
 
Energy Equipment & Services – 2.2%
 
 
                           
  12,700    
Baker Hughes Incorporated
                        1,147,699  
  12,000    
Carbo Ceramics Inc.
                        608,760  
  2,500    
Diamond Offshore Drilling, Inc.
                        283,225  
  17,600    
Halliburton Company
                        675,840  
  2,500    
National-Oilwell Varco Inc., (1)
                        361,250  
  10,000    
Noble Corporation
                        490,500  
  5,743    
Patterson-UTI Energy, Inc.
                        129,620  
  23,514    
Schlumberger Limited
                        2,468,970  
  2,000    
Tidewater Inc.
                        125,680  
  7,000    
Transocean Inc., (1)
                        791,350  
 
 
Total Energy Equipment & Services
                        7,082,894  
         
 
 
                           
 
Food & Staples Retailing – 1.1%
 
 
                           
  8,500    
CVS Caremark Corporation
                        336,855  
  29,375    
SUPERVALU INC.
                        1,145,919  
  38,200    
Wal-Mart Stores, Inc.
                        1,667,430  
  9,000    
Whole Foods Market, Inc.
                        440,640  
 
 
Total Food & Staples Retailing
                        3,590,844  
         
 
 
                           
 
Food Products – 0.8%
 
 
                           
  41,300    
ConAgra Foods, Inc.
                        1,079,169  
  45,387    
Kraft Foods Inc.
                        1,566,305  
 
 
Total Food Products
                        2,645,474  
         
 
 
                           
 
Gas Utilities – 0.5%
 
 
                           
  35,390    
Nicor Inc.
                        1,518,231  
         
 
 
                           
 
Health Care Equipment & Supplies – 0.5%
 
 
                           
  2,700    
Baxter International Inc.
                        151,956  
  29,000    
Medtronic, Inc.
                        1,635,890  
 
 
Total Health Care Equipment & Supplies
                        1,787,846  
         
 
 
                           
 
Health Care Providers & Services – 0.7%
 
 
                           
  9,173    
Aetna Inc.
                        497,819  
  10,408    
Brookdale Senior Living Inc.
                        414,342  
  71,527    
Kindred Healthcare Inc., (1)
                        1,281,049  
  3,600    
UnitedHealth Group Incorporated
                        174,348  
 
 
Total Health Care Providers & Services
                        2,367,558  
         
 
 
                           
 
Hotels, Restaurants & Leisure – 1.0%
 
 
                           
  4,800    
Harrah’s Entertainment, Inc.
                        417,264  
  5,500    
International Game Technology
                        237,050  
  31,900    
McDonald’s Corporation
                        1,737,593  
  12,813    
Tim Hortons Inc.
                        446,533  
  10,200    
Wendy’s International, Inc.
                        356,082  
 
 
Total Hotels, Restaurants & Leisure
                        3,194,522  
         
 
 
                           
 
Household Durables – 1.3%
 
 
                           
  5,000    
Black & Decker Corporation
                        416,500  
  13,500    
Kimball International Inc., Class B
                        153,630  
  55,500    
Newell Rubbermaid Inc.
                        1,599,510  
  12,000    
Snap-on Incorporated
                        594,480  
  13,500    
Stanley Works
                        757,755  
  8,998    
Whirlpool Corporation
                        801,722  
 
 
Total Household Durables
                        4,323,597  
         
 
 
                           
 
Household Products – 2.3%
 
 
                           
  20,000    
Kimberly-Clark Corporation
                        1,405,200  
  87,432    
Procter & Gamble Company
                        6,149,967  
 
 
Total Household Products
                        7,555,167  
         
 
 
                           
 
Industrial Conglomerates – 4.8%
 
 
                           
  15,600    
3M Co.
                        1,459,848  
  6,700    
American Standard Companies Inc.
                        238,654  
  309,525    
General Electric Company
                        12,814,335  
  23,200    
Genuine Parts Company
                        1,160,000  
 
 
Total Industrial Conglomerates
                        15,672,837  
         
 
 
                           
 
Insurance – 3.9%
 
 
                           
  20,000    
Allstate Corporation
                        1,143,800  
  34,065    
American International Group, Inc.
                        2,304,497  
  9,000    
Arthur J. Gallagher & Co.
                        260,730  
  126,511    
Fidelity National Title Group Inc., Class A
                        2,211,412  
  74,334    
Lincoln National Corporation
                        4,903,814  
  13,000    
Marsh & McLennan Companies, Inc.
                        331,500  
  12,600    
Mercury General Corporation
                        679,518  
  16,400    
Travelers Companies, Inc.
                        825,576  
  1,500    
Unitrin, Inc.
                        74,385  
 
 
Total Insurance
                        12,735,232  
         
 
 
                           
 
Internet & Catalog Retail – 0.4%
 
 
                           
  14,348    
Amazon.com, Inc., (1)
                        1,336,516  
         
 
 
                           
 
Internet Software & Services – 1.9%
 
 
                           
  22,362    
eBay Inc., (1)
                        872,565  
  6,114    
Google Inc., Class A, (1)
                        3,468,289  
  61,085    
Openwave Systems Inc.
                        267,552  
  101,263    
United Online, Inc.
                        1,519,958  
 
 
Total Internet Software & Services
                        6,128,364  
         
 
 
                           
 
IT Services – 0.5%
 
 
                           
  23,000    
Automatic Data Processing, Inc.
                        1,056,390  
  5,374    
Fidelity National Information Services
                        238,444  
  6,000    
Standard Register Company
                        76,260  
  15,533    
TNS Inc.
                        249,460  
 
 
Total IT Services
                        1,620,554  
         
 
 
                           
 
Leisure Equipment & Products – 0.4%
 
 
                           
  2,000    
Eastman Kodak Company
                        53,520  
  39,200    
Mattel, Inc.
                        919,632  
  8,000    
Polaris Industries Inc.
                        348,960  
 
 
Total Leisure Equipment & Products
                        1,322,112  
         
 
 
                           
 
Machinery – 1.7%
 
 
                           
  25,000    
Briggs & Stratton Corporation
                        629,500  
  30,000    
Caterpillar Inc.
                        2,352,900  
  5,100    
Deere & Company
                        756,942  
  11,000    
Illinois Tool Works Inc.
                        656,040  
  19,000    
Ingersoll Rand Company Limited, Class A
                        1,034,930  
  3,000    
Pentair, Inc.
                        99,540  
  10,500    
Volvo AB
                        182,175  
 
 
Total Machinery
                        5,712,027  
         
 
 
                           
 
Media – 2.8%
 
 
                           
  1,500    
Clear Channel Communications, Inc.
                        56,160  
  17,600    
Dow Jones & Company, Inc.
                        1,050,720  
  91,072    
Entrcom Communications Corporation
                        1,760,422  
  75,867    
Lamar Advertising Company
                        3,715,207  
  39,000    
New York Times, Class A
                        770,640  
  500    
Reed Elsevier NV, Sponsored ADR
                        18,985  
  76,486    
Regal Entertainment Group, Class A
                        1,678,868  
  18,500    
World Wrestling Entertainment Inc.
                        278,980  
 
 
Total Media
                        9,329,982  
         
 
 
                           
 
Metals & Mining – 2.5%
 
 
                           
  33,892    
Companhia Siderurgica Nacional S.A., Sponsored ADR
                        2,390,064  
  763    
Freeport-McMoRan Copper & Gold, Inc.
                        80,031  
  45,529    
Southern Copper Corporation
                        5,637,856  
 
 
Total Metals & Mining
                        8,107,951  
         
 
 
                           
 
Multiline Retail – 0.4%
 
 
                           
  9,600    
Federated Department Stores, Inc.
                        310,272  
  5,500    
J.C. Penney Company, Inc.
                        348,535  
  12,800    
Nordstrom, Inc.
                        600,192  
 
 
Total Multiline Retail
                        1,258,999  
         
 
 
                           
 
Multi-Utilities – 1.5%
 
 
                           
  1,450    
Dominion Resources, Inc.
                        122,235  
  76,000    
Duke Energy Corporation
                        1,420,440  
  58,575    
Integrys Energy Group, Inc.
                        3,000,797  
  10,500    
ONEOK, Inc.
                        497,700  
 
 
Total Multi-Utilities
                        5,041,172  
         
 
 
                           
 
Oil, Gas & Consumable Fuels – 10.2%
 
 
                           
  70,468    
Chevron Corporation
                        6,594,395  
  17,026    
ConocoPhillips
                        1,494,372  
  189,191    
Exxon Mobil Corporation
                        17,511,517  
  9,247    
Frontline Limited
                        446,445  
  10,405    
General Maritime Corporation
                        290,404  
  15,600    
Marathon Oil Corporation
                        889,512  
  86,409    
Norsk Hydro ASA
                        3,745,830  
  24,500    
Occidental Petroleum Corporation
                        1,569,960  
  385    
Ship Financial International Limited
                        10,114  
  19,220    
Tesoro Petroleum Corporation
                        884,504  
 
 
Total Oil, Gas & Consumable Fuels
                        33,437,053  
         
 
 
                           
 
Paper & Forest Products – 0.8%
 
 
                           
  8,500    
International Paper Company
                        304,895  
  32,400    
Weyerhaeuser Company
                        2,342,520  
 
 
Total Paper & Forest Products
                        2,647,415  
         
 
 
                           
 
Personal Products – 0.3%
 
 
                           
  23,000    
Avon Products, Inc.
                        863,190  
 
 
 
                           
 
Pharmaceuticals – 9.6%
 
 
                           
  65,000    
Abbott Laboratories
                        3,485,300  
  151,464    
Bristol-Myers Squibb Company
                        4,365,192  
  31,132    
Eli Lilly and Company
                        1,772,345  
  91,918    
Johnson & Johnson
                        6,039,013  
  143,682    
Merck & Co. Inc.
                        7,426,923  
  295,030    
Pfizer Inc.
                        7,207,583  
  30,500    
Wyeth
                        1,358,775  
 
 
Total Pharmaceuticals
                        31,655,131  
         
 
 
                           
 
Real Estate – 3.4%
 
 
                           
  60,671    
Apartment Investment & Management Company, Class A
                        2,738,082  
  36,701    
Ashford Hospitality Trust Inc.
                        368,845  
  17,392    
Brandywine Realty Trust
                        440,192  
  5,564    
CapLease Inc.
                        57,031  
  18,766    
Colonial Properties Trust
                        643,674  
  31,413    
Franklin Street Properties Corporation
                        541,874  
  73,522    
Hospitality Properties Trust
                        2,988,669  
  17,500    
Lexington Corporate Properties Trust
                        350,175  
  53,300    
Nationwide Health Properties, Inc.
                        1,605,929  
  13,075    
Newcastle Investment Corporation
                        230,382  
  20,000    
Senior Housing Properties Trust
                        441,200  
  50,454    
U-Store-It Trust
                        665,993  
 
 
Total Real Estate
                        11,072,046  
         
 
 
                           
 
Road & Rail – 0.5%
 
 
                           
  39,500    
CSX Corporation
                        1,687,835  
         
 
 
                           
 
Semiconductors & Equipment – 2.7%
 
 
                           
  39,000    
Analog Devices, Inc.
                        1,410,240  
  11,500    
Applied Materials, Inc.
                        238,050  
  172,464    
Intel Corporation
                        4,459,919  
  30,600    
Microchip Technology Incorporated
                        1,111,392  
  20,100    
NVIDIA Corporation, (1)
                        728,424  
  86,592    
Taiwan Semiconductor Manufacturing Company Ltd., Sponsored ADR
                        876,311  
 
 
Total Semiconductors & Equipment
                        8,824,336  
         
 
 
                           
 
Software – 3.1%
 
 
                           
  7,700    
Adobe Systems Incorporated, (1)
                        336,182  
  233,276    
Microsoft Corporation
                        6,872,311  
  9,000    
NAVTEQ Corporation, (1)
                        701,730  
  99,976    
Oracle Corporation, (1)
                        2,164,480  
 
 
Total Software
                        10,074,703  
         
 
 
                           
 
Specialty Retail – 1.7%
 
 
                           
  6,450    
Abercrombie & Fitch Co., Class A
                        520,515  
  25,500    
American Eagle Outfitters, Inc.
                        670,905  
  5,800    
Best Buy Co., Inc.
                        266,916  
  14,151    
Gap, Inc.
                        260,944  
  26,987    
Home Depot, Inc.
                        875,458  
  30,700    
Limited Brands, Inc.
                        702,723  
  23,000    
Lowe’s Companies, Inc.
                        644,460  
  12,000    
RadioShack Corporation
                        247,920  
  7,300    
Sherwin-Williams Company
                        479,683  
  6,000    
Talbots, Inc.
                        108,000  
  1,000    
Tiffany & Co.
                        52,350  
  12,000    
TJX Companies, Inc.
                        348,840  
  40,000    
Tuesday Morning Corporation
                        359,600  
 
 
Total Specialty Retail
                        5,538,314  
         
 
 
                           
 
Textiles, Apparel & Luxury Goods – 0.7%
 
 
                           
  16,432    
Cherokee Inc.
                        630,332  
  20,000    
VF Corporation
                        1,615,000  
 
 
Total Textiles, Apparel & Luxury Goods
                        2,245,332  
         
 
 
                           
 
Thrifts & Mortgage Finance – 0.8%
 
 
                           
  9,957    
Federal National Mortgage Association
                        605,485  
  22,604    
Fremont General Corporation
                        88,156  
  17,478    
IndyMac Bancorp, Inc.
                        412,656  
  88,000    
New York Community Bancorp, Inc.
                        1,676,400  
 
 
Total Thrifts & Mortgage Finance
                        2,782,697  
         
 
 
                           
 
Tobacco – 2.3%
 
 
                           
  67,071    
Altria Group, Inc.
                        4,663,447  
  3,000    
Reynolds American Inc.
                        190,770  
  30,000    
UST Inc.
                        1,488,000  
  49,793    
Vector Group Ltd.
                        1,115,863  
 
 
Total Tobacco
                        7,458,080  
         
 
 
                           
 
Trading Companies & Distributors – 0.0%
 
 
                           
  1,000    
W.W. Grainger, Inc.
                        91,190  
 
 
 
                           
 
Wireless Telecommunication Services – 0.6%
 
 
                           
  22,351    
iPCS Inc.
                        768,651  
  4,000    
SK Telecom Company Limited
                        118,800  
  32,000    
Vodafone Group PLC, Sponsored ADR
                        1,161,600  
 
       
 
Total Wireless Telecommunication Services
                        2,049,051  
         
 
Total Common Stocks (cost $260,249,017)
                        328,763,571  
         
                                     
Principal                              
Amount (000)     Description   Coupon     Maturity           Value  
 
 
 
                           
 
Short-Term Investments – 4.4%
                           
 
 
                           
$ 14,535    
Repurchase Agreement with Fixed Income Clearing Corporation, dated 9/28/07, repurchase price $14,540,021, collateralized by $13,990,000 U.S. Treasury Bonds, 5.250%, due 2/15/29, value $14,829,400
    3.750%     10/01/07           $ 14,535,479  
       
 
                           
   
       
Total Short-Term Investments (cost $14,535,479)
                        14,535,479  
         
                                     
            Notional     Expiration   Strike        
Contracts     Type   Amount (2)     Date   Price     Value  
 
 
 
                           
 
Put Options – 0.3%
 
 
                           
  243    
S&P 500 Index
  $ 32,805,000     10/20/07   $ 1,350     $ 26,730  
  257    
S&P 500 Index
    35,337,500     10/20/07     1,375       40,606  
  263    
S&P 500 Index
    34,847,500     11/17/07     1,325       103,885  
  226    
S&P 500 Index
    30,510,000     11/17/07     1,350       117,520  
  237    
S&P 500 Index
    32,587,500     11/17/07     1,375       161,160  
  250    
S&P 500 Index
    33,750,000     12/22/07     1,350       270,000  
  243    
S&P 500 Index
    33,412,500     12/20/07     1,375       321,975  
 
  1,719    
Total Put Options (cost $3,932,507)
    233,250,000                   1,041,876  
 
 
Total Investments (cost $278,717,003) – 104.7%
                        344,340,926  
         
                                     
            Notional     Expiration   Strike        
Contracts     Type   Amount (2)     Date   Price     Value  
 
 
Call Options – (3.0)% (3)
                           
  (213 )  
S&P 500 Index
  $ (30,885,000 )   10/20/07   $ 1,450     $ (1,824,345 )
  (333 )  
S&P 500 Index
    (49,117,500 )   10/20/07     1,475       (2,122,875 )
  (219 )  
S&P 500 Index
    (32,850,000 )   10/20/07     1,500       (953,745 )
  (209 )  
S&P 500 Index
    (31,872,500 )   10/20/07     1,525       (544,445 )
  (218 )  
S&P 500 Index
    (32,155,000 )   11/17/07     1,475       (1,692,770 )
  (319 )  
S&P 500 Index
    (47,850,000 )   11/17/07     1,500       (1,877,315 )
  (208 )  
S&P 500 Index
    (31,720,000 )   11/17/07     1,525       (872,560 )
 
  (1,719 )  
Total Call Options Written (premiums received $8,682,737)
    (256,450,000 )                 (9,888,055 )
 
 
Other Assets Less Liabilities – (1.7)%
                        (5,710,760 )
         
 
Net Assets – 100%
                     $ 328,742,111  
         
     
 (1)  
Non-income producing.
   
 
 (2)  
For disclosure purposes, Notional Amount is calculated by multiplying the number of Contracts by the Strike Price by 100.
   
 
 (3)  
The Fund may designate up to 100% of its Common Stock investments to cover outstanding Call Options Written.
   
 
ADR  
American Depositary Receipt.
   
 
Income Tax Information
The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to the recognition of unrealized gain or loss for tax (mark-to-market) on index option contracts, recognition of income on REIT investments and timing differences in recognizing certain gains and losses on investment transactions.
At September 30, 2007, the cost of investments was $278,717,003.
Gross unrealized appreciation and gross unrealized depreciation of investments at September 30, 2007, were as follows:
         
 
 
       
Gross unrealized:
       
Appreciation
  $ 72,620,048  
Depreciation
    (6,996,125 )
 
       
 
 
       
Net unrealized appreciation (depreciation) of investments
  $ 65,623,923  
 
       
 


Table of Contents

Item 2. Controls and Procedures.
  a.   The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
 
  b.   There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 3. Exhibits.
File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.

 


Table of Contents

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant)  Nuveen Equity Premium and Growth Fund    
         
     
By (Signature and Title)*  /s/ Kevin J. McCarthy    
  Kevin J. McCarthy  
  Vice President and Secretary   
 
Date November 29, 2007
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
         
     
By (Signature and Title)*  /s/ Gifford R. Zimmerman    
  Gifford R. Zimmerman   
  Chief Administrative Officer (principal executive officer)   
 
Date November 29, 2007
         
     
By (Signature and Title)*  /s/ Stephen D. Foy    
  Stephen D. Foy   
  Vice President and Controller (principal financial officer)   
 
Date November 29, 2007
 
*   Print the name and title of each signing officer under his or her signature.