NPORT-EX 2 NGRES.htm
Nuveen Global Real Estate Securities Fund
Portfolio of Investments    March 31, 2021
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.3%        
    REAL ESTATE INVESTMENT TRUST COMMON STOCKS – 75.7%        
    Diversified – 8.3%        
61   Activia Properties Inc, (2)       $268,048
2,673   Broadstone Net Lease Inc       48,916
62,525   Centuria Capital Group, (2)       118,105
1,072   Cofinimmo SA, (2)       156,075
70   Daiwa House REIT Investment Corp, (2)       188,097
3,224   Gecina SA, (2)       443,787
232   Hulic Reit Inc, (2)       363,921
19   Kenedix Office Investment Corp, (2)       135,293
44,369   Land Securities Group PLC, (2)       421,888
51,627   LondonMetric Property PLC, (2)       152,002
264,879   LXI REIT Plc, (2)       460,243
375,042   Mapletree North Asia Commercial Trust, (2)       296,113
41,038   Merlin Properties Socimi SA, (2)       420,100
252,398   Mirvac Group, (2)       481,476
134   Nomura Real Estate Master Fund Inc, (2)       201,750
1,192   PS Business Parks Inc       184,259
499   Star Asia Investment Corp, (2)       237,781
40,777   Stockland, (2)       136,885
8,718   VEREIT Inc       336,689
5,415   Washington Real Estate Investment Trust       119,672
447   WP Carey Inc       31,630
    Total Diversified       5,202,730
    Health Care – 5.6%        
2,089   Aedifica SA, (2)       239,546
3,724   CareTrust REIT Inc       86,713
8,440   Global Medical REIT Inc       110,648
9,894   Healthcare Realty Trust Inc       299,986
3,281   Healthcare Trust of America Inc       90,490
6,371   Healthpeak Properties Inc       202,216
22,473   Medical Properties Trust Inc       478,226
18,620   NorthWest Healthcare Properties Real Estate Investment Trust       191,579
4,929   Omega Healthcare Investors Inc       180,549
4,400   Physicians Realty Trust       77,748
6,815   Sabra Health Care REIT Inc       118,308
13   Universal Health Realty Income Trust       881
      1

Nuveen Global Real Estate Securities Fund (continued)
Portfolio of Investments    March 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Health Care (continued)        
8,901   Ventas Inc       $474,779
12,869   Welltower Inc       921,807
    Total Health Care       3,473,476
    Hotels – 2.9%        
25,954   Apple Hospitality REIT Inc       378,150
3,003   DiamondRock Hospitality Co, (3)       30,931
14   Hoshino Resorts REIT Inc, (2)       80,914
14,285   Host Hotels & Resorts Inc, (3)       240,702
310   Japan Hotel REIT Investment Corp, (2)       175,250
11,711   MGM Growth Properties LLC       382,013
4,177   Pebblebrook Hotel Trust       101,459
192   RLJ Lodging Trust       2,972
1,602   Ryman Hospitality Properties Inc, (3)       124,171
10,314   Summit Hotel Properties Inc, (3)       104,790
17,411   Sunstone Hotel Investors Inc, (3)       216,941
    Total Hotels       1,838,293
    Industrial – 14.1%        
10,204   Americold Realty Trust       392,548
124,027   Ascendas Real Estate Investment Trust, (2)       281,741
97,198   Centuria Industrial REIT, (2)       245,812
16,795   Deutsche Industrie REIT AG       334,823
33,579   Dream Industrial Real Estate Investment Trust       358,582
11,728   Duke Realty Corp       491,755
1,028   EastGroup Properties Inc       147,292
99,982   ESR-REIT, (2)       29,059
1,617   First Industrial Realty Trust Inc       74,042
30,374   Goodman Group, (2)       419,415
33   Industrial & Infrastructure Fund Investment Corp, (2)       56,670
246   LaSalle Logiport REIT, (2)       373,019
125,930   Mapletree Industrial Trust, (2)       256,783
167,425   Mapletree Logistics Trust, (2)       240,741
63   Mitsubishi Estate Logistics REIT Investment Corp, (2)       247,742
37   Mitsui Fudosan Logistics Park Inc, (2)       182,979
212   Monmouth Real Estate Investment Corp       3,750
69   Nippon Prologis REIT Inc, (2)       221,873
27,650   Prologis Inc       2,930,900
2,775   Rexford Industrial Realty Inc       139,860
29,868   Segro PLC, (2)       385,987
7,454   STAG Industrial Inc       250,529
3,915   Summit Industrial Income REIT       44,424
2      

Shares   Description (1)       Value
    Industrial (continued)        
5,957   Terreno Realty Corp       $344,136
44,010   Urban Logistics REIT PLC       89,795
2,964   Warehouses De Pauw CVA, (2)       97,938
9,620   WPT Industrial Real Estate Investment Trust       145,262
    Total Industrial       8,787,457
    Office – 7.2%        
5,756   Alexandria Real Estate Equities Inc       945,711
4,144   Boston Properties Inc       419,621
815   Columbia Property Trust Inc       13,937
8,631   Corporate Office Properties Trust       227,254
532   Cousins Properties Inc       18,806
27   Daiwa Office Investment Corp, (2)       190,282
15,561   Dexus, (2)       115,706
12,785   Douglas Emmett Inc       401,449
7,326   Dream Office Real Estate Investment Trust       123,353
7,097   Easterly Government Properties Inc       147,121
174,889   GDI Property Group, (2)       142,421
1,548   Highwoods Properties Inc       66,471
6,810   Hudson Pacific Properties Inc       184,755
224   Invesco Office J-Reit Inc, (2)       35,381
91   Japan Excellent Inc, (2)       118,065
8,811   JBG SMITH Properties       280,102
2,710   Kilroy Realty Corp       177,857
4,810   Mack-Cali Realty Corp       74,459
26   Nippon Building Fund Inc, (2)       153,212
1,961   NSI NV       77,729
57   Orix JREIT Inc, (2)       99,277
9,796   Paramount Group Inc       99,234
10,682   Piedmont Office Realty Trust Inc       185,546
78,025   Precinct Properties New Zealand Ltd, (2)       88,923
2,659   Vornado Realty Trust       120,692
    Total Office       4,507,364
    Residential – 13.1%        
41   Advance Residence Investment Corp, (2)       128,699
7,373   American Campus Communities Inc       318,292
9,792   American Homes 4 Rent, Class A       326,465
1,662   Apartment Income REIT Corp       71,067
3,381   AvalonBay Communities Inc       623,828
2,311   Boardwalk Real Estate Investment Trust       66,772
5,763   BSR Real Estate Investment Trust       63,105
      3

Nuveen Global Real Estate Securities Fund (continued)
Portfolio of Investments    March 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Residential (continued)        
3,529   Camden Property Trust       $387,872
5,281   Canadian Apartment Properties REIT       226,335
1,386   Centerspace       94,248
8,142   Equity LifeStyle Properties Inc       518,157
9,824   Equity Residential       703,693
2,215   Essex Property Trust Inc       602,126
1,240   Independence Realty Trust Inc       18,848
45,237   Ingenia Communities Group, (2)       174,567
17,176   InterRent Real Estate Investment Trust       202,143
24,601   Invitation Homes Inc       786,986
148   Kenedix Residential Next Investment Corp, (2)       289,093
13,909   Killam Apartment Real Estate Investment Trust       204,866
3,625   Mid-America Apartment Communities Inc       523,305
2,065   NexPoint Residential Trust Inc       95,176
4,198   Sun Communities Inc       629,868
18,284   UDR Inc       801,936
24,517   UNITE Group PLC, (2)       360,563
    Total Residential       8,218,010
    Retail – 10.7%        
3,207   Agree Realty Corp       215,863
6,067   APN Convenience Retail REIT, (2)       15,775
10,120   Brixmor Property Group Inc       204,728
512   Capital & Counties Properties PLC, (2)       1,197
267,849   CapitaLand China Trust, (2)       273,391
5,825   Choice Properties Real Estate Investment Trust       62,853
2,516   Federal Realty Investment Trust       255,248
168,972   Fortune Real Estate Investment Trust, (2)       162,271
306,202   Frasers Centrepoint Trust, (2)       561,325
49   Kenedix Retail REIT Corp, (2)       119,169
19,324   Kimco Realty Corp       362,325
1,409   Kite Realty Group Trust       27,180
7,447   Klepierre SA, (2)       173,335
91,509   Link REIT, (2)       834,904
5,410   National Retail Properties Inc       238,419
1,080   NETSTREIT Corp       19,969
6,887   Realty Income Corp       437,325
6,961   Regency Centers Corp       394,758
26,646   RioCan Real Estate Investment Trust       412,613
1,783   RPT Realty       20,344
104   Saul Centers Inc       4,171
4      

Shares   Description (1)       Value
    Retail (continued)        
61,863   Scentre Group, (2)       $133,197
1,747   Shaftesbury PLC, (2), (3)       15,449
127,683   Shopping Centres Australasia Property Group, (2)       244,516
6,336   Simon Property Group Inc       720,847
14,053   SITE Centers Corp       190,559
2,983   Spirit Realty Capital Inc       126,778
490   Unibail-Rodamco-Westfield, (2)       39,150
4,771   Urban Edge Properties       78,817
2,404   Urstadt Biddle Properties Inc       40,027
35,019   Vicinity Centres, (2)       44,269
35,915   Waypoint REIT, (2)       68,655
6,529   Weingarten Realty Investors       175,695
    Total Retail       6,675,122
    Specialized – 13.8%        
3,843   American Tower Corp       918,708
3,394   ARGAN SA, (2), (3)       320,129
1,172   CoreSite Realty Corp       140,464
7,127   CubeSmart       269,614
4,835   CyrusOne Inc       327,426
5,154   Digital Realty Trust Inc       725,889
2,571   Equinix Inc       1,747,226
3,563   Extra Space Storage Inc       472,276
6,586   Four Corners Property Trust Inc       180,456
8,812   Gaming and Leisure Properties Inc       373,893
3,688   Life Storage Inc       316,984
534   National Storage Affiliates Trust       21,323
22,774   National Storage REIT, (2)       34,727
4,082   PotlatchDeltic Corp       216,020
5,318   Public Storage       1,312,270
2,406   QTS Realty Trust Inc, Class A       149,268
869   Rayonier Inc       28,025
20,425   Safestore Holdings PLC       223,996
1,045   SBA Communications Corp       290,040
14,235   VICI Properties Inc       401,996
4,313   Weyerhaeuser Co       153,543
    Total Specialized       8,624,273
    Total Real Estate Investment Trust Common Stocks (cost $40,324,390)       47,326,725
    
Shares   Description (1)           Value
    COMMON STOCKS – 23.6%            
      5

Nuveen Global Real Estate Securities Fund (continued)
Portfolio of Investments    March 31, 2021
(Unaudited)
Shares   Description (1)           Value
    Construction & Engineering – 0.6%            
12,604   Vantage Towers AG, (3)           $354,737
    Diversified Telecommunication Services – 1.2%            
7,426   Cellnex Telecom SA, 144A, (2)           428,095
19,235   Infrastrutture Wireless Italiane SpA, 144A, (2)           214,227
6,703   Radius Global Infrastructure Inc, (3)           98,534
    Total Diversified Telecommunication Services           740,856
    Health Care Providers & Services – 0.4%            
12,331   Chartwell Retirement Residences           114,901
11,681   Sienna Senior Living Inc           133,104
    Total Health Care Providers & Services           248,005
    Hotels, Restaurants & Leisure – 0.5%            
1,298   Hilton Worldwide Holdings Inc, (3)           156,954
8,705   Pandox AB, (2)           147,442
    Total Hotels, Restaurants & Leisure           304,396
    Household Durables – 0.1%            
1,659   PulteGroup Inc           86,998
    IT Services – 0.2%            
990   GDS Holdings Ltd, ADR, (3)           80,279
5,808   NEXTDC Ltd, (2), (3)           46,259
    Total IT Services           126,538
    Real Estate Management & Development – 20.6%            
44,339   Amot Investments Ltd, (2)           237,451
46,907   Aroundtown SA, (2)           334,065
1,777   CA Immobilien Anlagen AG, (2)           75,250
56,067   CapitaLand Ltd, (2)           157,095
1,856   Castellum AB, (2)           40,954
40,387   China Resources Land Ltd, (2)           196,839
10,030   Cibus Nordic Real Estate AB, (2)           188,403
9,886   Citycon Oyj, (2)           82,250
41,865   CK Asset Holdings Ltd, (2)           254,857
13,500   CLS Holdings PLC, (2)           42,623
25,885   Corp Inmobiliaria Vesta SAB de CV           54,203
4,560   CTP BV, (3)           80,747
45,639   Cyrela Commercial Properties SA Empreendimentos e Participacoes           94,381
1,651   Deutsche Wohnen SE, (2)           77,017
16,414   DIC Asset AG, (2)           284,333
18,488   Dios Fastigheter AB           151,995
6      

Shares   Description (1)           Value
    Real Estate Management & Development (continued)            
32,204   ESR Cayman Ltd, 144A, (2), (3)           $105,917
7,207   Fastighets AB Balder, (2), (3)           356,802
63,830   Grainger PLC, (2)           234,724
25,860   Hongkong Land Holdings Ltd, (2)           127,184
21,753   Hulic Co Ltd, (2)           257,147
11,341   Instone Real Estate Group AG, 144A, (3)           311,875
18,227   Keihanshin Building Co Ltd, (2)           245,454
2,847   Kennedy-Wilson Holdings Inc           57,538
43,595   Kungsleden AB, (2)           455,613
282,716   Land & Houses PCL           77,549
556,757   Langham Hospitality Investments and Langham Hospitality Investments Ltd, (2)           85,432
9,140   LEG Immobilien SE, (2)           1,202,246
4,887   Lifestyle Communities Ltd, (2)           51,195
25,198   Longfor Group Holdings Ltd, 144A, (2)           167,128
58,812   Mitsubishi Estate Co Ltd, (2)           1,029,885
50,766   Mitsui Fudosan Co Ltd, (2)           1,157,235
86,913   New World Development Co Ltd, (2)           451,485
10,518   Platzer Fastigheter Holding AB           125,010
39,044   Samhallsbyggnadsbolaget i Norden AB, (2)           121,393
66,874   Sino Land Co Ltd, (2)           93,327
110,973   Sirius Real Estate Ltd, (2)           135,858
73,508   St Modwen Properties PLC, (2)           410,279
71,598   Sun Hung Kai Properties Ltd, (2)           1,084,126
76,950   Swire Properties Ltd, (2)           238,852
31,045   TAG Immobilien AG, (2)           886,147
19,159   Tokyo Tatemono Co Ltd, (2)           292,096
13,051   VIB Vermoegen AG           447,669
5,413   Vonovia SE, (2)           353,735
    Total Real Estate Management & Development           12,915,364
    Total Common Stocks (cost $13,266,869)           14,776,894
    Total Long-Term Investments (cost $53,591,259)           62,103,619
    
      7

Nuveen Global Real Estate Securities Fund (continued)
Portfolio of Investments    March 31, 2021
(Unaudited)
Principal Amount (000)   Description (1)     Coupon Maturity   Value
    SHORT-TERM INVESTMENTS – 1.3%            
    REPURCHASE AGREEMENTS – 1.3%            
$831   Repurchase Agreement with Fixed Income Clearing Corporation, dated 3/31/21, repurchase price $830,595, collateralized by $820,800, U.S. Treasury Notes, 1.375%, due 1/31/25, value $847,231     0.000% 4/01/21   $830,595
    Total Short-Term Investments (cost $830,595)           830,595
    Total Investments (cost $54,421,854) – 100.6%           62,934,214
    Other Assets Less Liabilities – (0.6)%           (385,342)
    Net Assets – 100%           $62,548,872
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Real Estate Investment Trust Common Stocks $34,372,044 $12,954,681 $ — $47,326,725
Common Stocks 2,426,474 12,350,420  — 14,776,894
Short-Term Investments:        
Repurchase Agreements  — 830,595  — 830,595
Total $36,798,518 $26,135,696 $ — $62,934,214
8      

  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.  
(2) For fair value measurement disclosure purposes, investment classified as Level 2.  
(3) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
ADR American Depositary Receipt  
REIT Real Estate Investment Trust  
      9