NPORT-EX 2 tiaa_JCE.htm
1
Nuveen
Core
Equity
Alpha
Fund
Portfolio
of
Investments
September
30,
2022
(Unaudited)
JCE
Shares
Description
(1)
Value
LONG-TERM
INVESTMENTS
-
99.8%  
(96.7%
of
Total
Investments)
X
196,567,011
COMMON
STOCKS
-
99.3%
(96.2%
of
Total
Investments)
X
196,567,011
Aerospace
&
Defense
-
1.0%
5,030
Lockheed
Martin
Corp
$
1,943,039
Automobiles
-
1.6%
12,180
Tesla
Inc
(2)
3,230,745
Banks
-
2.4%
21,735
Bank
of
America
Corp
656,397
36,910
Citigroup
Inc
1,538,040
10,680
JPMorgan
Chase
&
Co
1,116,060
32,390
Truist
Financial
Corp
1,410,261
3,270
Wells
Fargo
&
Co
131,519
Total
Banks
4,852,277
Beverages
-
1.7%
9,760
Coca-Cola
Co
546,755
16,760
PepsiCo
Inc
2,736,238
Total
Beverages
3,282,993
Biotechnology
-
0.2%
2,460
AbbVie
Inc
330,157
Building
Products
-
1.8%
19,280
Fortune
Brands
Home
&
Security
Inc
1,035,143
20,020
Johnson
Controls
International
PLC
985,385
10,220
Trane
Technologies
PLC
1,479,958
Total
Building
Products
3,500,486
Capital
Markets
-
1.9%
520
Cboe
Global
Markets
Inc
61,032
20,480
Charles
Schwab
Corp
1,471,898
1,970
CME
Group
Inc
348,946
22,340
KKR
&
Co
Inc
960,620
17,200
Tradeweb
Markets
Inc,
Class
A
970,424
Total
Capital
Markets
3,812,920
Chemicals
-
1.0%
100
Air
Products
and
Chemicals
Inc
23,273
6,820
International
Flavors
&
Fragrances
Inc
619,461
400
LyondellBasell
Industries
NV,
Class
A
30,112
6,520
Sherwin-Williams
Co
1,334,970
Total
Chemicals
2,007,816
Commercial
Services
&
Supplies
-
1.9%
3,700
Cintas
Corp
1,436,303
5,780
Republic
Services
Inc
786,311
2,980
Tetra
Tech
Inc
383,020
6,810
Waste
Management
Inc
1,091,030
Total
Commercial
Services
&
Supplies
3,696,664
Communications
Equipment
-
1.1%
53,080
Cisco
Systems
Inc
2,123,200
Nuveen
Core
Equity
Alpha
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
2
JCE
Shares
Description
(1)
Value
Consumer
Finance
-
0.8%
12,070
American
Express
Co
$
1,628,364
Containers
&
Packaging
-
0.5%
32,960
Westrock
Co
1,018,134
Diversified
Consumer
Services
-
0.5%
24,370
H&R
Block
Inc
1,036,700
Diversified
Financial
Services
-
2.2%
16,340
Berkshire
Hathaway
Inc,
Class
B
(2)
4,363,107
Electric
Utilities
-
0.9%
13,780
Avangrid
Inc
574,626
15,720
Eversource
Energy
1,225,531
Total
Electric
Utilities
1,800,157
Electrical
Equipment
-
1.7%
11,510
AMETEK
Inc
1,305,349
15,470
Emerson
Electric
Co
1,132,714
28,840
nVent
Electric
PLC
911,632
Total
Electrical
Equipment
3,349,695
Electronic
Equipment,
Instruments
&
Components
-
1.6%
12,580
Avnet
Inc
454,390
7,530
CDW
Corp/DE
1,175,282
9,210
Keysight
Technologies
Inc
(2)
1,449,286
Total
Electronic
Equipment,
Instruments
&
Components
3,078,958
Entertainment
-
0.5%
270
Madison
Square
Garden
Sports
Corp
(2)
36,898
2,930
Walt
Disney
Co
(2)
276,387
56,437
Warner
Bros
Discovery
Inc
(2)
649,025
Total
Entertainment
962,310
Equity
Real
Estate
Investment
Trusts
-
1.4%
24,760
Host
Hotels
&
Resorts
Inc
393,189
2,160
Simon
Property
Group
Inc
193,860
27,300
Ventas
Inc
1,096,641
39,990
Weyerhaeuser
Co
1,142,114
Total
Equity
Real
Estate
Investment
Trusts
2,825,804
Food
&
Staples
Retailing
-
2.9%
44,380
Albertsons
Cos
Inc,
Class
A
1,103,287
14,990
BJ's
Wholesale
Club
Holdings
Inc
(2)
1,091,422
250
Costco
Wholesale
Corp
118,068
29,930
Kroger
Co
1,309,437
16,059
Walmart
Inc
2,082,852
Total
Food
&
Staples
Retailing
5,705,066
Food
Products
-
0.7%
35,280
Kraft
Heinz
Co
1,176,588
73
Seaboard
Corp
248,394
Total
Food
Products
1,424,982
Health
Care
Equipment
&
Supplies
-
2.4%
5,530
Abbott
Laboratories
535,083
16,240
Edwards
Lifesciences
Corp
(2)
1,341,911
3,670
IDEXX
Laboratories
Inc
(2)
1,195,686
3
Shares
Description
(1)
Value
Health
Care
Equipment
&
Supplies
(continued)
21,060
Medtronic
PLC
$
1,700,595
Total
Health
Care
Equipment
&
Supplies
4,773,275
Health
Care
Providers
&
Services
-
4.9%
690
Centene
Corp
(2)
53,689
6,820
Cigna
Corp
1,892,345
20,290
CVS
Health
Corp
1,935,057
7,120
HCA
Inc
1,308,585
8,840
UnitedHealth
Group
Inc
4,464,554
Total
Health
Care
Providers
&
Services
9,654,230
Hotels,
Restaurants
&
Leisure
-
3.8%
36,330
Aramark
1,133,496
11,710
Hilton
Worldwide
Holdings
Inc
1,412,460
9,930
Marriott
International
Inc/MD,
Class
A
1,391,591
8,500
McDonald's
Corp
1,961,290
19,270
Starbucks
Corp
1,623,690
Total
Hotels,
Restaurants
&
Leisure
7,522,527
Household
Products
-
1.2%
20,690
Colgate-Palmolive
Co
1,453,473
8,030
Procter
&
Gamble
Co
1,013,787
Total
Household
Products
2,467,260
Insurance
-
0.8%
19,280
Brown
&
Brown
Inc
1,166,055
170
Hartford
Financial
Services
Group
Inc
10,530
880
Marsh
&
McLennan
Cos
Inc
131,375
1,720
Progressive
Corp
199,881
Total
Insurance
1,507,841
Interactive
Media
&
Services
-
5.2%
39,600
Alphabet
Inc,
Class
A
(2)
3,787,740
38,400
Alphabet
Inc,
Class
C
(2)
3,692,160
21,050
Meta
Platforms
Inc
(2)
2,856,064
Total
Interactive
Media
&
Services
10,335,964
Internet
&
Direct
Marketing
Retail
-
3.5%
61,480
Amazon.com
Inc
(2)
6,947,240
It
Services
-
1.7%
21,070
Cognizant
Technology
Solutions
Corp,
Class
A
1,210,261
8,750
Concentrix
Corp
976,762
4,530
Gartner
Inc
(2)
1,253,406
Total
It
Services
3,440,429
IT
Services
-
2.8%
8,420
Accenture
PLC,
Class
A
2,166,466
16,190
Amdocs
Ltd
1,286,295
1,810
Fiserv
Inc
(2)
169,362
57,998
Kyndryl
Holdings
Inc
(2)
479,643
2,061
Mastercard
Inc
586,025
5,040
Visa
Inc,
Class
A
895,356
Total
IT
Services
5,583,147
Life
Sciences
Tools
&
Services
-
4.8%
9,400
Danaher
Corp
2,427,926
1,080
Mettler-Toledo
International
Inc
(2)
1,170,850
21,460
Syneos
Health
Inc
(2)
1,011,839
Nuveen
Core
Equity
Alpha
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
4
JCE
Shares
Description
(1)
Value
Life
Sciences
Tools
&
Services
(continued)
5,173
Thermo
Fisher
Scientific
Inc
$
2,623,694
4,110
Waters
Corp
(2)
1,107,768
4,530
West
Pharmaceutical
Services
Inc
1,114,742
Total
Life
Sciences
Tools
&
Services
9,456,819
Media
-
0.3%
17,530
Comcast
Corp,
Class
A
514,155
Multiline
Retail
-
0.8%
6,840
Dollar
General
Corp
1,640,642
Multi-Utilities
-
0.5%
17,630
CMS
Energy
Corp
1,026,771
Oil,
Gas
&
Consumable
Fuels
-
5.8%
13,320
Chevron
Corp
1,913,684
21,740
ConocoPhillips
2,224,872
2,130
EOG
Resources
Inc
237,985
43,450
Exxon
Mobil
Corp
3,793,620
27,610
HF
Sinclair
Corp
1,486,522
9,170
Marathon
Petroleum
Corp
910,856
10,210
Phillips
66
824,151
Total
Oil,
Gas
&
Consumable
Fuels
11,391,690
Pharmaceuticals
-
4.1%
680
Eli
Lilly
&
Co
219,878
25,600
Johnson
&
Johnson
4,182,016
11,931
Merck
&
Co
Inc
1,027,498
63,310
Pfizer
Inc
2,770,445
Total
Pharmaceuticals
8,199,837
Professional
Services
-
0.7%
2,810
Booz
Allen
Hamilton
Holding
Corp
259,504
12,850
Leidos
Holdings
Inc
1,123,989
Total
Professional
Services
1,383,493
Real
Estate
Management
&
Development
-
0.3%
4,212
Jones
Lang
LaSalle
Inc
(2)
636,307
Road
&
Rail
-
1.6%
49,840
CSX
Corp
1,327,738
9,530
Union
Pacific
Corp
1,856,634
Total
Road
&
Rail
3,184,372
Semiconductors
&
Semiconductor
Equipment
-
3.7%
887
Advanced
Micro
Devices
Inc
(2)
56,200
18,320
Applied
Materials
Inc
1,500,958
330
Broadcom
Inc
146,523
3,580
Enphase
Energy
Inc
(2)
993,343
17,930
Intel
Corp
462,056
4,050
Lattice
Semiconductor
Corp
(2)
199,300
8,230
NVIDIA
Corp
999,040
16,540
QUALCOMM
Inc
1,868,689
12,480
Skyworks
Solutions
Inc
1,064,170
Total
Semiconductors
&
Semiconductor
Equipment
7,290,279
5
Investments
in
Derivatives
Shares
Description
(1)
Value
Software
-
10.1%
6,640
Adobe
Inc
(2)
$
1,827,328
80
ANSYS
Inc
(2)
17,736
4,440
Atlassian
Corp
PLC,
Class
A
(2)
935,020
9,410
Cadence
Design
Systems
Inc
(2)
1,537,876
13,480
Fortinet
Inc
(2)
662,272
9,760
Manhattan
Associates
Inc
(2)
1,298,373
46,645
Microsoft
Corp
10,863,621
7,331
Salesforce
Inc
(2)
1,054,491
4,440
Synopsys
Inc
(2)
1,356,464
11,620
Teradata
Corp
(2)
360,917
Total
Software
19,914,098
Specialty
Retail
-
3.4%
11,310
Home
Depot
Inc
3,120,881
10,700
Lowe's
Cos
Inc
2,009,567
410
Tractor
Supply
Co
76,211
3,580
Ulta
Beauty
Inc
(2)
1,436,260
Total
Specialty
Retail
6,642,919
Technology
Hardware,
Storage
&
Peripherals
-
7.5%
107,618
Apple
Inc
14,872,808
Textiles,
Apparel
&
Luxury
Goods
-
1.1%
360
Lululemon
Athletica
Inc
(2)
100,641
13,114
NIKE
Inc,
Class
B
1,090,036
35,760
Tapestry
Inc
1,016,657
Total
Textiles,
Apparel
&
Luxury
Goods
2,207,334
Total
Common
Stocks
(cost
$201,471,020)
196,567,011
Shares
Description
(1)
Value
X
1,075,950
EXCHANGE-TRADED
FUNDS
-
0.5%
(0.5%
of
Total
Investments)
X
1,075,950
3,000
iShares
Core
S&P
500
ETF
$
1,075,950
Total
Exchange-Traded
Funds
(cost
$1,082,999)
1,075,950
Total
Long-Term
Investments
(cost
$202,554,019)
197,642,961
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
 3.4% (3.3%
of
Total
Investments)
6,774,937
REPURCHASE
AGREEMENTS
-
3.4%
(3.3%
of
Total
Investments)
X
6,774,937
$
6,775
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/30/22,
repurchase
price
$6,775,406,
collateralized
by
$7,475,800,
U.S.
Treasury
Note,
2.25%,
due
8/15/27,
value
$6,910,439
0.830%
10/03/22
$
6,774,937
Total
Short-Term
Investments
(cost
$6,774,937)
6,774,937
Total
Investments
(cost
$
209,328,956
)
-
103
.2
%
204,417,898
Other
Assets
Less
Liabilities
-  (3.2)%(3)
(
6,386,621
)
Net
Assets
Applicable
to
Common
Shares
-
100%
$
198,031,277
Options
Written
Description
(4)
Type
Number
of
Contracts
Notional
Amount
(5)
Exercise
Price
Expiration
Date
Value
S&P
500®
Index
Call
(100)
$
(
39,000,000
)
$
3,900
10/21/22
$
(
79,000
)
S&P
500®
Index
Call
(30)
(
12,300,000
)
4,100
10/21/22
(
3,075
)
Total
Options
Written
(premiums
received
$257,899)
(130)
$(51,300,000)
$(82,075)
Nuveen
Core
Equity
Alpha
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
6
JCE
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:
Common
Stocks
$
196,567,011
$
–
$
–
$
196,567,011
Exchange-Traded
Funds
1,075,950
–
–
1,075,950
Short-Term
Investments:
Repurchase
Agreements
–
6,774,937
–
6,774,937
Investments
in
Derivatives:
Options
Written*
(82,075)
–
–
(82,075)
Total
$
197,560,886
$
6,774,937
$
–
$
204,335,823
*
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)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(3)
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.
(4)
Exchange-traded,
unless
otherwise
noted.
(5)
For
disclosure
purposes,
Notional
Amount
is
calculated
by
multiplying
the
Number
of
Contracts
by
the
Exercise
Price
by
100.
CBOE
Chicago
Board
Options
Exchange
ETF
Exchange-Traded
Fund
S&P
Standard
&
Poor's