Entity Investment Company Type

Document Type

N-CSR/A

Amendment Flag

true

Amendment Description

We are filing an amendment to Form N‑CSR for the following funds, originally filed on August 6, 2024. 1. Nuveen Minnesota Intermediate Municipal Bond Fund 2. Nuveen Minnesota Municipal Bond Fund 3. Nuveen Nebraska Municipal Bond Fund 4. Nuveen Oregon Intermediate Municipal Bond Fund We have amended the original filing because the voting results of matters submitted to fund shareholders for approval at a special meeting held on November 20, 2023 were omitted from Item 9. These results have been included in the amended filing. No other amendments to the original filing have been made.

Registrant Name

NUVEEN INVESTMENT FUNDS INC

Entity Central Index Key

0000820892

N-1A

Document Period End Date

May 31, 2024

C000015134 [Member]

Nuveen Minnesota Intermediate Municipal Bond Fund

Class A Shares

FAMAX

This annual shareholder report contains important information about the Class A Shares of the Nuveen Minnesota Intermediate Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class A Shares	$81	0.81%

$ 81

0.81%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Minnesota Intermediate Municipal Bond Fund returned 2.27% for Class A shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund outperformed the S&P Municipal Bond Intermediate Index, which returned 1.99%. • Top contributors to relative performance » Credit ratings allocation, specifically an underweight to the highest credit quality (AAA and AA rated) bonds, which underperformed, and an overweight to bonds rated A and below, which benefited from narrowing credit spreads. » Duration positioning, especially an overweight exposure to bonds with the shortest (zero to two years) and longest (10 years and longer) durations, which benefited from the yield curve flattening, and an underweight to bonds with two- to eight-year durations, which lagged. • Top detractors from relative performance » Allocation to state general obligation (GO) bonds with six- to eight-year durations, a segment that underperformed. » Overweight to appropriation-backed bonds, which underperformed. » Security selection across a range of holdings.		Performance Attribution Credit ratings allocation Short- and long-duration bonds State GOs Appropriation-backed bonds Security selection

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class A Shares at NAV (excluding maximum sales charge)		2.27	%		0.64	%		1.77	%
Class A Shares at maximum sales charge (Offering Price)		(0.81	)%		0.04	%		1.46	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Intermediate Index		1.99	%		0.96	%		2.09	%
Lipper Other States Intermediate Municipal Debt Funds Classification Average		1.84	%		0.31	%		1.29	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 321,326,007

286

$ 1,721,106

21.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	321,326,007
Total number of portfolio holdings		286
Portfolio turnover (%)		21%
Total advisory fees paid for the year	$	1,721,106

⁽¹⁾ The ratings disclosed are the highest rating given by one of the following national rating agencies: Standard & Poor’s (S&P), Moody’s Investors Service, Inc. (Moody’s) or Fitch, Inc (Fitch). This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Credit ratings are subject to change. AAA, AA, A, and BBB are investment grade ratings; BB, B, CCC, CC, C and D are below-investment grade ratings. Holdings designated N/R are not rated by these national ratings agencies.

The ratings disclosed are the highest rating given by one of the following national rating agencies: Standard & Poor’s (S&P), Moody’s Investors Service, Inc. (Moody’s) or Fitch, Inc (Fitch). This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Credit ratings are subject to change. AAA, AA, A, and BBB are investment grade ratings; BB, B, CCC, CC, C and D are below-investment grade ratings. Holdings designated N/R are not rated by these national ratings agencies.

How has the Fund changed?

•

Portfolio manager updates: Effective October 13, 2023, Michael Hamilton and Stephen Candido, CFA were added as portfolio managers of the Fund. Effective April 1, 2024, Christopher Drahn retired from Nuveen Asset Management, LLC and no longer serves as a portfolio manager of the Fund.

•

Management fees: As of May 1, 2024, the Fund’s overall complex-level fee begins at a maximum rate of 0.1600% of the Fund’s average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

For more complete information, you may review the Fund’s next prospectus, which is expected to be available by October 1, 2024 at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or upon request at (800) 257‑8787.

•

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000015135 [Member]

Nuveen Minnesota Intermediate Municipal Bond Fund

Class I Shares

FAMTX

This annual shareholder report contains important information about the Class I Shares of the Nuveen Minnesota Intermediate Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class I Shares	$61	0.61%

$ 61

0.61%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Minnesota Intermediate Municipal Bond Fund returned 2.47% for Class I shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund outperformed the S&P Municipal Bond Intermediate Index, which returned 1.99%. • Top contributors to relative performance » Credit ratings allocation, specifically an underweight to the highest credit quality (AAA and AA rated) bonds, which underperformed, and an overweight to bonds rated A and below, which benefited from narrowing credit spreads. » Duration positioning, especially an overweight exposure to bonds with the shortest (zero to two years) and longest (10 years and longer) durations, which benefited from the yield curve flattening, and an underweight to bonds with two- to eight-year durations, which lagged. • Top detractors from relative performance » Allocation to state general obligation (GO) bonds with six- to eight-year durations, a segment that underperformed. » Overweight to appropriation-backed bonds, which underperformed. » Security selection across a range of holdings.		Performance Attribution Credit ratings allocation Short- and long-duration bonds State GOs Appropriation-backed bonds Security selection

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class I Shares at NAV		2.47	%		0.84	%		1.98	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Intermediate Index		1.99	%		0.96	%		2.09	%
Lipper Other States Intermediate Municipal Debt Funds Classification Average		1.84	%		0.31	%		1.29	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 321,326,007

286

$ 1,721,106

21.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	321,326,007
Total number of portfolio holdings		286
Portfolio turnover (%)		21%
Total advisory fees paid for the year	$	1,721,106

How has the Fund changed?

•

•

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000137678 [Member]

Nuveen Minnesota Intermediate Municipal Bond Fund

Class C Shares

NIBCX

This annual shareholder report contains important information about the Class C Shares of the Nuveen Minnesota Intermediate Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class C Shares	$161	1.61%

$ 161

1.61%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Minnesota Intermediate Municipal Bond Fund returned 1.45% for Class C shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund underperformed the S&P Municipal Bond Intermediate Index, which returned 1.99%. • Top detractors from relative performance » Allocation to state general obligation (GO) bonds with six- to eight-year durations, a segment that underperformed. » Overweight to appropriation-backed bonds, which underperformed. » Security selection across a range of holdings. • Top contributors to relative performance » Credit ratings allocation, specifically an underweight to the highest credit quality (AAA and AA rated) bonds, which underperformed, and an overweight to bonds rated A and below, which benefited from narrowing credit spreads. » Duration positioning, especially an overweight exposure to bonds with the shortest (zero to two years) and longest (10 years and longer) durations, which benefited from the yield curve flattening, and an underweight to bonds with two- to eight-year durations, which lagged.		Performance Attribution State GOs Appropriation-backed bonds Security selection Credit ratings allocation Short- and long-duration bonds

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class C Shares at NAV (excluding maximum sales charge)		1.45	%		(0.16	)%		1.13	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Intermediate Index		1.99	%		0.96	%		2.09	%
Lipper Other States Intermediate Municipal Debt Funds Classification Average		1.84	%		0.31	%		1.29	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 321,326,007

286

$ 1,721,106

21.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	321,326,007
Total number of portfolio holdings		286
Portfolio turnover (%)		21%
Total advisory fees paid for the year	$	1,721,106

How has the Fund changed?

•

•

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000015136 [Member]

Nuveen Minnesota Municipal Bond Fund

Class A Shares

FJMNX

This annual shareholder report contains important information about the Class A Shares of the Nuveen Minnesota Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class A Shares	$79	0.79%

$ 79

0.79%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Minnesota Municipal Bond Fund returned 2.99% for Class A shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund outperformed the S&P Municipal Bond Minnesota Index, which returned 2.10%. • Top contributors to relative performance » Duration positioning, particularly an underweight to bonds with four- to eight-year durations and an overweight to the longest-duration bonds. » Credit ratings allocation, specifically an underweight to the highest credit quality (AAA and AA rated) bonds, which underperformed, and overweight to bonds rated A and lower (especially non-rated), which benefited from narrowing credit spreads. » Sector and security selection across a diverse group of positions. • Top detractors from relative performance » Underweight to zero to two-year duration bonds, a segment that performed well. » Hospital bonds in the six- to eight-year duration range, which underperformed.		Performance Attribution Four- to eight-year bonds and long-duration bonds Credit ratings allocation Sector and security selection Zero to two-year bonds Hospital bonds

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class A Shares at NAV (excluding maximum sales charge)		2.99	%		0.48	%		2.10	%
Class A Shares at maximum sales charge (Offering Price)		(1.35	)%		(0.38	)%		1.66	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Minnesota Index		2.10	%		0.82	%		1.99	%
Lipper Minnesota Municipal Debt Funds Classification Average		2.45	%		0.25	%		1.57	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 603,793,151

375

$ 2,827,072

26.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	603,793,151
Total number of portfolio holdings		375
Portfolio turnover (%)		26%
Total advisory fees paid for the year	$	2,827,072

How has the Fund changed?

•

•

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000015138 [Member]

Nuveen Minnesota Municipal Bond Fund

Class I Shares

FYMNX

This annual shareholder report contains important information about the Class I Shares of the Nuveen Minnesota Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class I Shares	$59	0.59%

$ 59

0.59%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Minnesota Municipal Bond Fund returned 3.29% for Class I shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund outperformed the S&P Municipal Bond Minnesota Index, which returned 2.10%. • Top contributors to relative performance » Duration positioning, particularly an underweight to bonds with four- to eight-year durations and an overweight to the longest-duration bonds. » Credit ratings allocation, specifically an underweight to the highest credit quality (AAA and AA rated) bonds, which underperformed, and overweight to bonds rated A and lower (especially non-rated), which benefited from narrowing credit spreads. » Sector and security selection across a diverse group of positions. • Top detractors from relative performance » Underweight to zero to two-year duration bonds, a segment that performed well. » Hospital bonds in the six- to eight-year duration range, which underperformed.		Performance Attribution Four- to eight-year bonds and long-duration bonds Credit ratings allocation Sector and security selection Zero to two-year bonds Hospital bonds

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class I Shares at NAV		3.29	%		0.69	%		2.31	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Minnesota Index		2.10	%		0.82	%		1.99	%
Lipper Minnesota Municipal Debt Funds Classification Average		2.45	%		0.25	%		1.57	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 603,793,151

375

$ 2,827,072

26.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	603,793,151
Total number of portfolio holdings		375
Portfolio turnover (%)		26%
Total advisory fees paid for the year	$	2,827,072

How has the Fund changed?

•

•

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000137679 [Member]

Nuveen Minnesota Municipal Bond Fund

Class C Shares

NTCCX

This annual shareholder report contains important information about the Class C Shares of the Nuveen Minnesota Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class C Shares	$159	1.59%

$ 159

1.59%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Minnesota Municipal Bond Fund returned 2.16% for Class C shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund performed in line with the S&P Municipal Bond Minnesota Index, which returned 2.10%. • Top contributors to relative performance » Duration positioning, particularly an underweight to bonds with four- to eight-year durations and an overweight to the longest-duration bonds. » Credit ratings allocation, specifically an underweight to the highest credit quality (AAA and AA rated) bonds, which underperformed, and overweight to bonds rated A and lower (especially non-rated), which benefited from narrowing credit spreads. » Sector and security selection across a diverse group of positions. • Top detractors from relative performance » Underweight to zero to two-year duration bonds, a segment that performed well. » Hospital bonds in the six- to eight-year duration range, which underperformed.		Performance Attribution Four- to eight-year bonds and long-duration bonds Credit ratings allocation Sector and security selection Zero to two-year bonds Hospital bonds

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class C Shares at NAV (excluding maximum sales charge)		2.16	%		(0.32	)%		1.45	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Minnesota Index		2.10	%		0.82	%		1.99	%
Lipper Minnesota Municipal Debt Funds Classification Average		2.45	%		0.25	%		1.57	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 603,793,151

375

$ 2,827,072

26.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	603,793,151
Total number of portfolio holdings		375
Portfolio turnover (%)		26%
Total advisory fees paid for the year	$	2,827,072

How has the Fund changed?

•

•

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000015139 [Member]

Nuveen Nebraska Municipal Bond Fund

Class A Shares

FNTAX

This annual shareholder report contains important information about the Class A Shares of the Nuveen Nebraska Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class A Shares	$81	0.81%

$ 81

0.81%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Nebraska Municipal Bond Fund returned 1.75% for Class A shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund underperformed the S&P Municipal Bond Nebraska Index, which returned 2.41%. • Top detractors from relative performance » Overweight to long-duration life care bonds, which underperformed. » Underweight to the industrial development revenue (IDR) sector, which outperformed. » Overweight to six- to eight-year duration bonds, which underperformed as the yield curve flattened. • Top contributors to relative performance » Duration positioning, especially an overweight to bonds with eight years and longer durations, which benefited from the yield curve flattening. » Credit ratings allocation, primarily an underweight to the highest credit quality (AAA and AA rated) bonds, which underperformed, and an overweight to bonds rated A and below, including non-rated, which benefited from narrowing credit spreads.		Performance Attribution Long-duration life care bonds IDR sector Six- to eight-year duration bonds Eight+ year duration bonds Credit ratings allocation

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class A Shares at NAV (excluding maximum sales charge)		1.75	%		(0.16	)%		1.53	%
Class A Shares at maximum sales charge (Offering Price)		(2.56	)%		(1.01	)%		1.09	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Nebraska Index		2.41	%		0.80	%		2.16	%
Lipper Other States Municipal Debt Funds Classification Average		2.59	%		0.29	%		1.56	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 73,612,168

$ 447,722

20.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	73,612,168
Total number of portfolio holdings		90
Portfolio turnover (%)		20%
Total advisory fees paid for the year	$	447,722

How has the Fund changed?

•

Portfolio manager update: Effective October 13, 2023, Stephen Candido, CFA was added as a portfolio manager of the Fund.

•

•

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000015141 [Member]

Nuveen Nebraska Municipal Bond Fund

Class I Shares

FNTYX

This annual shareholder report contains important information about the Class I Shares of the Nuveen Nebraska Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class I Shares	$61	0.61%

$ 61

0.61%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Nebraska Municipal Bond Fund returned 1.95% for Class I shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund underperformed the S&P Municipal Bond Nebraska Index, which returned 2.41%. • Top detractors from relative performance » Overweight to long-duration life care bonds, which underperformed. » Underweight to the industrial development revenue (IDR) sector, which outperformed. » Overweight to six- to eight-year duration bonds, which underperformed as the yield curve flattened. • Top contributors to relative performance » Duration positioning, especially an overweight to bonds with eight years and longer durations, which benefited from the yield curve flattening. » Credit ratings allocation, primarily an underweight to the highest credit quality (AAA and AA rated) bonds, which underperformed, and an overweight to bonds rated A and below, including non-rated, which benefited from narrowing credit spreads.		Performance Attribution Long-duration life care bonds IDR sector Six- to eight-year duration bonds Eight+ year duration bonds Credit ratings allocation

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class I Shares at NAV		1.95	%		0.05	%		1.74	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Nebraska Index		2.41	%		0.80	%		2.16	%
Lipper Other States Municipal Debt Funds Classification Average		2.59	%		0.29	%		1.56	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 73,612,168

$ 447,722

20.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	73,612,168
Total number of portfolio holdings		90
Portfolio turnover (%)		20%
Total advisory fees paid for the year	$	447,722

How has the Fund changed?

•

Portfolio manager update: Effective October 13, 2023, Stephen Candido, CFA was added as a portfolio manager of the Fund.

•

•

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000137680 [Member]

Nuveen Nebraska Municipal Bond Fund

Class C Shares

NAAFX

This annual shareholder report contains important information about the Class C Shares of the Nuveen Nebraska Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class C Shares	$161	1.61%

$ 161

1.61%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Nebraska Municipal Bond Fund returned 0.93% for Class C shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund underperformed the S&P Municipal Bond Nebraska Index, which returned 2.41%. • Top detractors from relative performance » Overweight to long-duration life care bonds, which underperformed. » Underweight to the industrial development revenue (IDR) sector, which outperformed. » Overweight to six- to eight-year duration bonds, which underperformed as the yield curve flattened. • Top contributors to relative performance » Duration positioning, especially an overweight to bonds with eight years and longer durations, which benefited from the yield curve flattening. » Credit ratings allocation, primarily an underweight to the highest credit quality (AAA and AA rated) bonds, which underperformed, and an overweight to bonds rated A and below, including non-rated, which benefited from narrowing credit spreads.		Performance Attribution Long-duration life care bonds IDR sector Six- to eight-year duration bonds Eight+ year duration bonds Credit ratings allocation

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class C Shares at NAV (excluding maximum sales charge)		0.93	%		(0.95	)%		0.87	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Nebraska Index		2.41	%		0.80	%		2.16	%
Lipper Other States Municipal Debt Funds Classification Average		2.59	%		0.29	%		1.56	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 73,612,168

$ 447,722

20.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	73,612,168
Total number of portfolio holdings		90
Portfolio turnover (%)		20%
Total advisory fees paid for the year	$	447,722

How has the Fund changed?

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000015145 [Member]

Nuveen Oregon Intermediate Municipal Bond Fund

Class A Shares

FOTAX

This annual shareholder report contains important information about the Class A Shares of the Nuveen Oregon Intermediate Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class A Shares	$84	0.84%

$ 84

0.84%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Oregon Intermediate Municipal Bond Fund returned 2.45% for Class A shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund outperformed the S&P Municipal Bond Intermediate Index, which returned 1.99%. • Top contributors to relative performance » Security selection across a diverse group of holdings. » Duration positioning, particularly an overweight to bonds with zero to two-year durations and an underweight to bonds with six- to eight-year durations. » Underweight allocation to AAA rated bonds, which underperformed, and an overweight allocation to non-rated bonds, which outperformed as credit spreads narrowed. • Top detractors from relative performance » Overweight to AA rated bonds, which underperformed, and underweight allocation to A rated bonds, which outperformed as credit spreads contracted. » Overweight to the local general obligation (GO) sector, which underperformed.		Performance Attribution Security selection Duration positioning AAA rated bonds and non-rated bonds AA rated bonds and A rated bonds Local GO sector

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class A Shares at NAV (excluding maximum sales charge)		2.45	%		0.48	%		1.49	%
Class A Shares at maximum sales charge (Offering Price)		(0.64	)%		(0.12	)%		1.18	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Intermediate Index		1.99	%		0.96	%		2.09	%
Lipper Other States Intermediate Municipal Debt Funds Classification Average		1.84	%		0.31	%		1.29	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 182,137,946

153

$ 964,313

20.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	182,137,946
Total number of portfolio holdings		153
Portfolio turnover (%)		20%
Total advisory fees paid for the year	$	964,313

How has the Fund changed?

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000015146 [Member]

Nuveen Oregon Intermediate Municipal Bond Fund

Class I Shares

FORCX

This annual shareholder report contains important information about the Class I Shares of the Nuveen Oregon Intermediate Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class I Shares	$64	0.64%

$ 64

0.64%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Oregon Intermediate Municipal Bond Fund returned 2.64% for Class I shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund outperformed the S&P Municipal Bond Intermediate Index, which returned 1.99%. • Top contributors to relative performance » Security selection across a diverse group of holdings. » Duration positioning, particularly an overweight to bonds with zero to two-year durations and an underweight to bonds with six- to eight-year durations. » Underweight allocation to AAA rated bonds, which underperformed, and an overweight allocation to non-rated bonds, which outperformed as credit spreads narrowed. • Top detractors from relative performance » Overweight to AA rated bonds, which underperformed, and underweight allocation to A rated bonds, which outperformed as credit spreads contracted. » Overweight to the local general obligation (GO) sector, which underperformed.		Performance Attribution Security selection Duration positioning AAA rated bonds and non-rated bonds AA rated bonds and A rated bonds Local GO sector

Performance data shown represents past performance and does not predict or guarantee future results.

Average Annual Total Returns


	1‑Year			5‑Year			10‑Year
Class I Shares at NAV		2.64	%		0.68	%		1.70	%
S&P Municipal Bond Index		2.88	%		1.06	%		2.30	%
S&P Municipal Bond Intermediate Index		1.99	%		0.96	%		2.09	%
Lipper Other States Intermediate Municipal Debt Funds Classification Average		1.84	%		0.31	%		1.29	%

Updated Performance Information Location [Text Block]

The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

For most recent month‑end performance, go to https://www.nuveen.com/en‑us/mutual‑funds/prospectuses or call (800) 257‑8787.

$ 182,137,946

153

$ 964,313

20.00%

Fund Statistics (as of May 31, 2024)


Fund net assets	$	182,137,946
Total number of portfolio holdings		153
Portfolio turnover (%)		20%
Total advisory fees paid for the year	$	964,313

How has the Fund changed?

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

C000137681 [Member]

Nuveen Oregon Intermediate Municipal Bond Fund

Class C Shares

NAFOX

This annual shareholder report contains important information about the Class C Shares of the Nuveen Oregon Intermediate Municipal Bond Fund for the period of June 1, 2023 to May 31, 2024.

annual shareholder report

You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.

This report describes changes to the Fund that occurred during the reporting period.

(800) 257‑8787

https://www.nuveen.com/en‑us/mutual‑funds/prospectuses

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)


	Cost of a $10,000 investment	Costs paid as a percentage of $10,000 investment
Class C Shares	$164	1.64%

$ 164

1.64%

How did the Fund perform last year? What affected the Fund’s performance?


Performance Highlights • The Nuveen Oregon Intermediate Municipal Bond Fund returned 1.52% for Class C shares at net asset value (NAV) for the 12 months ended May 31, 2024. The Fund underperformed the S&P Municipal Bond Intermediate Index, which returned 1.99%. • Top detractors from relative performance » Overweight to AA rated bonds, which underperformed, and underweight allocation to A rated bonds, which outperformed as credit spreads contracted. » Overweight to the local general obligation (GO) sector, which underperformed. • Top contributors to relative performance » Security selection across a diverse group of holdings. » Duration positioning, particularly an overweight to bonds with zero to two-year durations and an underweight to bonds with six- to eight-year durations. » Underweight allocation to AAA rated bonds, which underperformed, and an overweight allocation to non-rated bonds, which outperformed as credit spreads narrowed.		Performance Attribution AA rated bonds and A rated bonds Local GO sector Security selection Duration positioning AAA rated bonds and non-rated bonds

Performance data shown represents past performance and does not predict or guarantee future results.