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    <submissionType>13F-HR</submissionType>
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      <liveTestFlag>LIVE</liveTestFlag>
      <flags>
        <confirmingCopyFlag>false</confirmingCopyFlag>
        <returnCopyFlag>true</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
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      <filer>
        <credentials>
          <cik>0000763848</cik>
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      <periodOfReport>06-30-2019</periodOfReport>
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      <reportCalendarOrQuarter>06-30-2019</reportCalendarOrQuarter>
      <filingManager>
        <name>NWQ INVESTMENT MANAGEMENT COMPANY, LLC</name>
        <address>
          <ns1:street1>2049 CENTURY PARK EAST</ns1:street1>
          <ns1:street2>16TH FLOOR</ns1:street2>
          <ns1:city>LOS ANGELES</ns1:city>
          <ns1:stateOrCountry>CA</ns1:stateOrCountry>
          <ns1:zipCode>90067</ns1:zipCode>
        </address>
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      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-01474</form13FFileNumber>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
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    <signatureBlock>
      <name>Jon D. Bosse</name>
      <title>Chief Investment Officer</title>
      <phone>310.552.5114</phone>
      <signature>/s/ Jon D. Bosse</signature>
      <city>Los Angeles</city>
      <stateOrCountry>CA</stateOrCountry>
      <signatureDate>08-14-2019</signatureDate>
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            <form13FFileNumber>028-11405</form13FFileNumber>
            <name>Nuveen Investments, Inc.</name>
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            <name>SEI Investments Management Corporation</name>
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