NPORT-EX 2 NIF_Trust_Updated.htm
Nuveen Dividend Value Fund
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 98.5%        
    COMMON STOCKS – 98.5%        
    Aerospace & Defense – 1.5%        
191,219   L3Harris Technologies Inc       $32,187,894
    Banks – 3.6%        
888,843   Citigroup Inc       44,451,038
858,762   Truist Financial Corp       32,169,225
    Total Banks       76,620,263
    Beverages – 1.7%        
1,150,812   Keurig Dr Pepper Inc       35,203,339
    Biotechnology – 2.6%        
569,450   AbbVie Inc       54,046,500
    Building Products – 1.3%        
443,385   Owens Corning       26,811,491
    Capital Markets – 5.4%        
823,030   Bank of New York Mellon Corp       29,505,626
699,741   Charles Schwab Corp       23,196,414
1,245,492   Morgan Stanley       60,879,649
    Total Capital Markets       113,581,689
    Chemicals – 1.6%        
632,080   DuPont de Nemours Inc       33,803,638
    Consumer Finance – 2.3%        
416,580   American Express Co       38,875,245
364,784   OneMain Holdings Inc       10,469,301
    Total Consumer Finance       49,344,546
    Diversified Financial Services – 1.2%        
515,074   Voya Financial Inc       25,444,656
    Electric Utilities – 9.8%        
181,218   Alliant Energy Corp       9,758,589
481,773   American Electric Power Co Inc       41,856,438
404,136   Entergy Corp       42,486,818
623,891   Evergy Inc       40,446,853
1,267,683   Exelon Corp       48,945,241
      1

Nuveen Dividend Value Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Electric Utilities (continued)        
850,628   FirstEnergy Corp       $24,668,212
    Total Electric Utilities       208,162,151
    Electrical Equipment – 1.3%        
294,951   Eaton Corp PLC       27,468,787
    Equity Real Estate Investment Trust – 3.0%        
251,540   Crown Castle International Corp       41,931,718
574,730   Gaming and Leisure Properties Inc       20,810,973
    Total Equity Real Estate Investment Trust       62,742,691
    Food Products – 1.1%        
386,404   Tyson Foods Inc       23,744,526
    Health Care Equipment & Supplies – 1.3%        
204,603   Zimmer Biomet Holdings Inc       27,592,761
    Health Care Providers & Services – 10.5%        
172,858   Anthem Inc       47,328,520
237,937   Cigna Corp       41,089,341
136,780   Humana Inc       53,679,311
197,320   Quest Diagnostics Inc       25,073,452
180,042   UnitedHealth Group Inc       54,513,117
    Total Health Care Providers & Services       221,683,741
    Hotels, Restaurants & Leisure – 2.2%        
611,926   Wyndham Destinations Inc       16,277,232
210,191   Wyndham Hotels & Resorts Inc       9,282,034
227,964   Yum! Brands Inc       20,756,122
    Total Hotels, Restaurants & Leisure       46,315,388
    Household Durables – 1.5%        
1,376,279   Newell Brands Inc       22,570,976
51,674   Whirlpool Corp       8,429,063
    Total Household Durables       31,000,039
    Insurance – 5.7%        
330,833   Allstate Corp       31,227,327
1,002,478   Hartford Financial Services Group Inc       42,424,869
400,303   Marsh & McLennan Cos Inc       46,675,330
    Total Insurance       120,327,526
    IT Services – 2.9%        
413,907   Fidelity National Information Services Inc       60,558,733
    Machinery – 2.6%        
219,705   Stanley Black & Decker Inc       33,685,171
2      

Shares   Description (1)       Value
    Machinery (continued)        
467,288   Timken Co       $21,336,370
    Total Machinery       55,021,541
    Media – 2.3%        
1,142,517   Comcast Corp       48,899,728
    Mortgage Real Estate Investment Trust – 3.5%        
2,372,544   AGNC Investment Corp       32,266,599
3,671,246   Annaly Capital Management Inc       27,203,933
1,014,833   Starwood Property Trust Inc       15,171,753
    Total Mortgage Real Estate Investment Trust       74,642,285
    Multiline Retail – 1.5%        
257,898   Target Corp       32,464,200
    Multi-Utilities – 3.9%        
246,164   Ameren Corp       19,752,199
1,035,108   CenterPoint Energy Inc       19,677,403
130,366   Consolidated Edison Inc       10,016,020
413,657   Dominion Energy Inc       33,518,627
    Total Multi-Utilities       82,964,249
    Oil, Gas & Consumable Fuels – 2.6%        
160,548   Concho Resources Inc       8,435,192
1,026,240   Parsley Energy Inc       11,268,115
168,736   Pioneer Natural Resources Co       16,353,893
338,035   Valero Energy Corp       19,007,708
    Total Oil, Gas & Consumable Fuels       55,064,908
    Pharmaceuticals – 4.2%        
738,437   AstraZeneca PLC, Sponsored ADR       41,190,016
1,241,636   Pfizer Inc       47,778,153
    Total Pharmaceuticals       88,968,169
    Road & Rail – 2.9%        
152,754   Kansas City Southern       26,250,775
202,655   Union Pacific Corp       35,130,244
    Total Road & Rail       61,381,019
    Semiconductors & Semiconductor Equipment – 9.2%        
407,131   Applied Materials Inc       26,190,737
134,305   Broadcom Inc       42,541,109
640,733   Intel Corp       30,582,186
793,330   Marvell Technology Group Ltd       28,932,745
182,325   NXP Semiconductors NV       21,428,657
      3

Nuveen Dividend Value Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Semiconductors & Semiconductor Equipment (continued)        
574,018   Taiwan Semiconductor Manufacturing Co Ltd, Sponsored ADR       $45,284,280
    Total Semiconductors & Semiconductor Equipment       194,959,714
    Specialty Retail – 1.9%        
153,751   Home Depot Inc       40,819,353
    Tobacco – 3.4%        
923,482   Philip Morris International Inc       70,932,652
    Total Long-Term Investments (cost $2,042,349,317)       2,082,758,177
    
Shares   Description (1) Coupon     Value
    SHORT-TERM INVESTMENTS – 1.4%        
    MONEY MARKET FUNDS – 1.4%        
29,331,022   First American Treasury Obligations Fund, Class Z 0.060% (2)     $29,331,022
    Total Short-Term Investments (cost $29,331,022)       29,331,022
    Total Investments (cost $2,071,680,339) – 99.9%       2,112,089,199
    Other Assets Less Liabilities – 0.1%       1,500,519
    Net Assets – 100%       $2,113,589,718
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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).
4      

The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $2,082,758,177 $ — $ — $2,082,758,177
Short-Term Investments:        
Money Market Funds 29,331,022  —  — 29,331,022
Total $2,112,089,199 $ — $ — $2,112,089,199
    
  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) The rate shown is the annualized seven-day subsidized yield as of the end of the reporting period.  
ADR American Depositary Receipt  
      5

Nuveen Mid Cap Value Fund
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.5%        
    COMMON STOCKS – 99.5%        
    Aerospace & Defense – 1.5%        
26,541   L3Harris Technologies Inc       $4,467,647
    Airlines – 1.2%        
99,856   Alaska Air Group Inc, (2)       3,439,041
    Banks – 4.0%        
84,210   East West Bancorp Inc       2,918,719
124,491   Fifth Third Bancorp       2,472,391
21,340   Signature Bank/New York NY       2,187,990
7,492   SVB Financial Group, (2)       1,680,231
61,360   Western Alliance Bancorp       2,205,892
    Total Banks       11,465,223
    Biotechnology – 1.6%        
41,772   United Therapeutics Corp, (2)       4,656,325
    Building Products – 1.8%        
47,372   Trane Technologies PLC       5,299,506
    Capital Markets – 3.9%        
50,922   Evercore Inc       2,815,987
33,629   Nasdaq Inc       4,415,824
59,030   Raymond James Financial Inc       4,101,404
    Total Capital Markets       11,333,215
    Chemicals – 3.7%        
31,165   Celanese Corp       3,029,238
96,409   CF Industries Holdings Inc       3,020,494
241,960   Huntsman Corp       4,476,260
    Total Chemicals       10,525,992
    Communications Equipment – 2.2%        
55,144   Ciena Corp, (2)       3,281,619
21,547   Motorola Solutions Inc       3,012,271
    Total Communications Equipment       6,293,890
    Construction Materials – 1.5%        
291,503   Summit Materials Inc, (2)       4,290,924
6      

Shares   Description (1)       Value
    Consumer Finance – 1.2%        
118,976   OneMain Holdings Inc       $3,414,611
    Diversified Financial Services – 2.0%        
114,089   Voya Financial Inc       5,635,997
    Electric Utilities – 2.8%        
47,103   Entergy Corp       4,951,938
46,366   Evergy Inc       3,005,908
    Total Electric Utilities       7,957,846
    Electrical Equipment – 3.1%        
56,334   AMETEK Inc       5,253,145
27,174   Hubbell Inc       3,667,675
    Total Electrical Equipment       8,920,820
    Electronic Equipment, Instruments & Components – 1.3%        
138,405   Avnet Inc       3,698,182
    Equity Real Estate Investment Trust – 8.6%        
279,195   Brandywine Realty Trust       3,023,682
6,234   Essex Property Trust Inc       1,376,093
134,135   First Industrial Realty Trust Inc       5,891,209
25,603   Mid-America Apartment Communities Inc       3,051,622
66,370   Regency Centers Corp       2,723,161
70,046   SL Green Realty Corp       3,257,139
603,589   VEREIT Inc       3,929,364
64,291   Washington Real Estate Investment Trust       1,437,547
    Total Equity Real Estate Investment Trust       24,689,817
    Food Products – 2.7%        
35,719   J M Smucker Co       3,905,873
64,789   Tyson Foods Inc       3,981,284
    Total Food Products       7,887,157
    Health Care Equipment & Supplies – 2.6%        
5,405   Teleflex Inc       2,016,606
41,326   Zimmer Biomet Holdings Inc       5,573,224
    Total Health Care Equipment & Supplies       7,589,830
    Health Care Providers & Services – 3.2%        
81,805   Centene Corp, (2)       5,337,776
29,557   Quest Diagnostics Inc       3,755,808
    Total Health Care Providers & Services       9,093,584
    Hotels, Restaurants & Leisure – 1.8%        
182,029   MGM Resorts International       2,928,846
      7

Nuveen Mid Cap Value Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Hotels, Restaurants & Leisure (continued)        
81,448   Wyndham Destinations Inc       $2,166,517
    Total Hotels, Restaurants & Leisure       5,095,363
    Household Durables – 5.7%        
111,873   DR Horton Inc       7,401,517
302,182   Newell Brands Inc       4,955,785
24,816   Whirlpool Corp       4,047,986
    Total Household Durables       16,405,288
    Household Products – 1.4%        
80,894   Energizer Holdings Inc       4,055,216
    Insurance – 3.5%        
195,175   CNO Financial Group Inc       2,947,142
111,624   Hartford Financial Services Group Inc       4,723,928
11,098   Willis Towers Watson PLC       2,330,691
    Total Insurance       10,001,761
    IT Services – 2.1%        
100,325   Perspecta Inc       2,146,955
19,099   VeriSign Inc, (2)       4,042,876
    Total IT Services       6,189,831
    Leisure Products – 2.2%        
94,529   Brunswick Corp/DE       6,331,552
    Machinery – 6.8%        
80,675   Crane Co       4,563,785
25,356   Parker-Hannifin Corp       4,536,696
38,947   Stanley Black & Decker Inc       5,971,354
98,490   Timken Co       4,497,053
    Total Machinery       19,568,888
    Media – 1.3%        
309,803   TEGNA Inc       3,649,479
    Metals & Mining – 0.9%        
100,191   Steel Dynamics Inc       2,746,235
    Mortgage Real Estate Investment Trust – 2.1%        
220,911   AGNC Investment Corp       3,004,389
200,562   Starwood Property Trust Inc       2,998,402
    Total Mortgage Real Estate Investment Trust       6,002,791
    Multiline Retail – 1.0%        
15,313   Dollar General Corp       2,915,595
8      

Shares   Description (1)       Value
    Multi-Utilities – 5.2%        
57,604   Ameren Corp       $4,622,145
263,303   CenterPoint Energy Inc       5,005,390
95,389   Public Service Enterprise Group Inc       5,336,061
    Total Multi-Utilities       14,963,596
    Oil, Gas & Consumable Fuels – 4.2%        
84,725   Concho Resources Inc       4,451,452
213,887   Williams Cos Inc       4,091,658
587,864   WPX Energy Inc, (2)       3,509,548
    Total Oil, Gas & Consumable Fuels       12,052,658
    Pharmaceuticals – 0.9%        
24,907   Jazz Pharmaceuticals PLC, (2)       2,696,183
    Real Estate Management & Development – 0.5%        
14,109   Jones Lang LaSalle Inc, (2)       1,395,521
    Road & Rail – 2.5%        
41,402   Kansas City Southern       7,114,934
    Semiconductors & Semiconductor Equipment – 3.2%        
164,203   Marvell Technology Group Ltd       5,988,483
22,334   Skyworks Solutions Inc       3,251,384
    Total Semiconductors & Semiconductor Equipment       9,239,867
    Software – 2.1%        
30,091   Synopsys Inc, (2)       5,994,729
    Specialty Retail – 1.4%        
42,027   Best Buy Co Inc       4,185,469
    Thrifts & Mortgage Finance – 0.9%        
182,848   Radian Group Inc       2,728,092
    Water Utilities – 0.9%        
18,295   American Water Works Co Inc       2,694,305
    Total Long-Term Investments (cost $273,398,382)       286,686,960
    
      9

Nuveen Mid Cap Value Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1) Coupon     Value
    SHORT-TERM INVESTMENTS – 0.8%        
    MONEY MARKET FUNDS – 0.8%        
2,226,896   First American Treasury Obligations Fund, Class Z 0.060% (3)     $2,226,896
    Total Short-Term Investments (cost $2,226,896)       2,226,896
    Total Investments (cost $275,625,278) – 100.3%       288,913,856
    Other Assets Less Liabilities – (0.3)%       (934,125)
    Net Assets – 100%       $287,979,731
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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 inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $286,686,960 $ — $ — $286,686,960
Short-Term Investments:        
Money Market Funds 2,226,896  —  — 2,226,896
Total $288,913,856 $ — $ — $288,913,856
    
  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) Non-income producing; issuer has not declared a dividend within the past twelve months.  
(3) The rate shown is the annualized seven-day subsidized yield as of the end of the reporting period.  
10      

Nuveen Small Cap Value Fund
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.2%        
    COMMON STOCKS – 99.2%        
    Aerospace & Defense – 1.1%        
254,169   Parsons Corp, (2)       $8,852,706
    Air Freight & Logistics – 2.0%        
635,650   Air Transport Services Group Inc, (2)       15,490,791
    Auto Components – 2.8%        
343,007   Cooper Tire & Rubber Co       10,653,797
1,005,318   Dana Inc, (2)       11,490,785
    Total Auto Components       22,144,582
    Banks – 14.2%        
347,487   Banner Corp       12,311,464
459,553   Cathay General Bancorp       11,111,992
581,663   First Busey Corp       9,946,437
157,979   First Interstate BancSystem Inc       4,598,769
334,091   Heartland Financial USA Inc       10,437,003
1,460,189   Investors Bancorp Inc       11,856,735
321,097   Pinnacle Financial Partners Inc       12,721,863
295,765   Preferred Bank/Los Angeles CA       11,017,246
383,180   Renasant Corp       8,901,271
259,108   Western Alliance Bancorp       9,314,933
191,946   Wintrust Financial Corp       8,215,289
    Total Banks       110,433,002
    Biotechnology – 1.1%        
75,420   United Therapeutics Corp, (2)       8,407,067
    Building Products – 1.9%        
295,380   Gibraltar Industries Inc, (2)       15,277,054
    Capital Markets – 3.1%        
192,713   Evercore Inc       10,657,029
214,096   Piper Sandler Cos       13,254,683
    Total Capital Markets       23,911,712
    Chemicals – 1.5%        
245,340   Minerals Technologies Inc       11,501,539
      11

Nuveen Small Cap Value Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Commercial Services & Supplies – 1.8%        
122,996   Brink's Co       $5,454,873
528,517   SP Plus Corp, (2)       8,398,135
    Total Commercial Services & Supplies       13,853,008
    Communications Equipment – 2.6%        
199,873   NETGEAR Inc, (2)       6,146,095
540,854   Radware Ltd, (2)       13,818,819
    Total Communications Equipment       19,964,914
    Construction & Engineering – 2.8%        
586,231   Aegion Corp, (2)       9,039,682
190,719   EMCOR Group Inc       13,064,252
    Total Construction & Engineering       22,103,934
    Construction Materials – 1.2%        
632,988   Summit Materials Inc, (2)       9,317,583
    Consumer Finance – 1.0%        
280,159   OneMain Holdings Inc       8,040,563
    Diversified Telecommunication Services – 1.4%        
906,107   Vonage Holdings Corp, (2)       10,827,979
    Electronic Equipment, Instruments & Components – 3.2%        
347,842   Avnet Inc       9,294,338
60,803   SYNNEX Corp, (2)       7,584,566
643,856   TTM Technologies Inc, (2)       7,925,868
    Total Electronic Equipment, Instruments & Components       24,804,772
    Equity Real Estate Investment Trust – 8.9%        
827,375   Brandywine Realty Trust       8,960,471
156,292   Kite Realty Group Trust       1,542,602
1,197,493   Lexington Realty Trust       13,890,919
676,939   Preferred Apartment Communities Inc       4,894,269
646,144   Retail Opportunity Investments Corp       7,023,585
652,028   RLJ Lodging Trust       5,222,744
400,403   STAG Industrial Inc       13,053,138
1,334,787   Summit Hotel Properties Inc       6,914,197
357,781   Washington Real Estate Investment Trust       7,999,983
    Total Equity Real Estate Investment Trust       69,501,908
    Food Products – 1.6%        
991,588   Hostess Brands Inc, (2)       12,573,336
    Gas Utilities – 2.3%        
106,288   ONE Gas Inc       8,046,002
12      

Shares   Description (1)       Value
    Gas Utilities (continued)        
155,834   Spire Inc       $9,608,724
    Total Gas Utilities       17,654,726
    Health Care Equipment & Supplies – 0.8%        
341,176   Natus Medical Inc, (2)       6,339,050
    Health Care Providers & Services – 1.3%        
180,070   AMN Healthcare Services Inc, (2)       9,893,046
    Hotels, Restaurants & Leisure – 1.4%        
133,036   Jack in the Box Inc, (2)       10,923,586
    Household Durables – 3.4%        
421,925   La-Z-Boy Inc, (2)       12,007,985
343,268   M/I Homes Inc, (2)       14,290,247
    Total Household Durables       26,298,232
    Insurance – 4.9%        
121,947   AMERISAFE Inc       7,738,757
193,969   Argo Group International Holdings Ltd, (2)       6,499,901
411,550   BRP Group Inc, (2)       7,181,547
574,840   CNO Financial Group Inc       8,680,084
209,165   Horace Mann Educators Corp       7,860,421
    Total Insurance       37,960,710
    Leisure Products – 1.5%        
176,789   Brunswick Corp/DE       11,841,327
    Machinery – 2.2%        
214,789   CIRCOR International, Inc, (2)       5,631,768
434,488   Kennametal Inc       11,713,796
    Total Machinery       17,345,564
    Media – 0.7%        
503,143   TEGNA Inc       5,927,025
    Metals & Mining – 2.4%        
127,355   Allegheny Technologies Inc, (2)       1,106,715
196,575   Commercial Metals Co       4,065,171
153,324   Compass Minerals International Inc       7,810,325
1,782,311   SunCoke Energy Inc       5,685,572
    Total Metals & Mining       18,667,783
    Mortgage Real Estate Investment Trust – 1.1%        
1,066,348   Ladder Capital Corp       8,285,524
      13

Nuveen Small Cap Value Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Multi-Utilities – 1.6%        
213,713   Black Hills Corp       $12,365,434
    Oil, Gas & Consumable Fuels – 4.3%        
625,226   Brigham Minerals Inc       6,927,504
365,420   Delek US Holdings Inc       6,387,542
1,407,088   Magnolia Oil & Gas Corp, (2)       8,414,386
557,996   Parsley Energy Inc       6,126,796
244,755   World Fuel Services Corp       5,759,085
    Total Oil, Gas & Consumable Fuels       33,615,313
    Pharmaceuticals – 1.2%        
244,326   Prestige Consumer Healthcare Inc, (2)       9,086,484
    Professional Services – 3.0%        
551,772   CBIZ Inc, (2)       13,341,847
351,627   Korn Ferry       9,880,719
    Total Professional Services       23,222,566
    Road & Rail – 1.1%        
205,985   TFI International Inc       8,937,689
    Semiconductors & Semiconductor Equipment – 3.0%        
150,010   Diodes, Inc, (2)       7,718,014
96,119   Semtech Corp, (2)       5,356,712
126,695   Synaptics Inc, (2)       10,138,134
    Total Semiconductors & Semiconductor Equipment       23,212,860
    Software – 1.7%        
55,049   Alarmcom Holdings Inc, (2)       3,855,632
166,508   J2 Global Inc, (2)       9,444,334
    Total Software       13,299,966
    Specialty Retail – 3.3%        
254,981   Aaron's Inc       13,304,908
144,979   Group 1 Automotive Inc, (2)       12,181,136
    Total Specialty Retail       25,486,044
    Textiles, Apparel & Luxury Goods – 0.8%        
267,931   Wolverine World Wide Inc       6,441,061
    Thrifts & Mortgage Finance – 4.1%        
419,186   Flagstar Bancorp Inc       13,154,057
773,608   Radian Group Inc       11,542,231
246,608   WSFS Financial Corp       7,035,726
    Total Thrifts & Mortgage Finance       31,732,014
14      

Shares   Description (1)       Value
    Water Utilities – 0.9%        
157,971   California Water Service Group       $7,404,101
    Total Long-Term Investments (cost $849,179,770)       772,946,555
    
Shares   Description (1) Coupon     Value
    SHORT-TERM INVESTMENTS – 0.7%        
    MONEY MARKET FUNDS – 0.7%        
5,618,947   First American Treasury Obligations Fund, Class Z 0.060% (3)     $5,618,947
    Total Short-Term Investments (cost $5,618,946)       5,618,947
    Total Investments (cost $854,798,716) – 99.9%       778,565,502
    Other Assets Less Liabilities – 0.1%       425,566
    Net Assets – 100%       $778,991,068
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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 inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $772,946,555 $ — $ — $772,946,555
Short-Term Investments:        
Money Market Funds 5,618,947  —  — 5,618,947
Total $778,565,502 $ — $ — $778,565,502
      15

Nuveen Small Cap Value Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
  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) Non-income producing; issuer has not declared a dividend within the past twelve months.  
(3) The rate shown is the annualized seven-day subsidized yield as of the end of the reporting period.  
16      

Nuveen Mid Cap Growth Opportunities Fund
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.4%        
    COMMON STOCKS – 99.4%        
    Aerospace & Defense – 1.1%        
57,107   Mercury Systems Inc, (2)       $4,421,795
    Auto Components – 0.9%        
46,861   Aptiv PLC, (2)       3,643,443
    Biotechnology – 8.8%        
67,084   BioMarin Pharmaceutical Inc, (2)       8,037,334
39,082   Exact Sciences Corp, (2)       3,703,019
129,613   Immunomedics Inc, (2)       5,473,557
44,338   Moderna Inc, (2)       3,285,446
34,570   Sarepta Therapeutics Inc, (2)       5,307,186
39,281   Seattle Genetics Inc, (2)       6,531,252
17,714   United Therapeutics Corp, (2)       1,974,580
    Total Biotechnology       34,312,374
    Building Products – 2.4%        
76,499   Owens Corning       4,625,894
34,420   Trex Co Inc, (2)       4,795,739
    Total Building Products       9,421,633
    Capital Markets – 2.4%        
24,983   MSCI Inc       9,393,108
    Chemicals – 0.9%        
159,943   Axalta Coating Systems Ltd, (2)       3,550,735
    Commercial Services & Supplies – 1.7%        
21,812   Cintas Corp       6,584,388
    Communications Equipment – 2.1%        
92,356   Ciena Corp, (2)       5,496,105
26,467   Lumentum Holdings Inc, (2)       2,456,932
    Total Communications Equipment       7,953,037
    Consumer Finance – 1.2%        
163,257   OneMain Holdings Inc       4,685,476
    Containers & Packaging – 1.3%        
98,392   Berry Global Group Inc, (2)       4,918,616
      17

Nuveen Mid Cap Growth Opportunities Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Electronic Equipment, Instruments & Components – 3.0%        
89,404   Enphase Energy, Inc, (2)       $5,396,425
63,166   Keysight Technologies Inc, (2)       6,309,652
    Total Electronic Equipment, Instruments & Components       11,706,077
    Entertainment – 1.9%        
26,987   Roku Inc, (2)       4,180,016
20,044   Take-Two Interactive Software Inc, (2)       3,287,617
    Total Entertainment       7,467,633
    Equity Real Estate Investment Trust – 1.3%        
38,628   CoreSite Realty Corp       4,984,943
    Food & Staples Retailing – 0.7%        
52,384   Sysco Corp       2,768,494
    Food Products – 1.2%        
46,448   Freshpet Inc, (2)       4,461,330
    Health Care Equipment & Supplies – 7.9%        
18,729   Align Technology Inc, (2)       5,502,955
9,562   DexCom Inc, (2)       4,164,633
94,809   Hologic Inc, (2)       6,615,772
23,211   Insulet Corp, (2)       4,720,189
16,976   Quidel Corp, (2)       4,795,211
13,343   Teleflex Inc       4,978,273
    Total Health Care Equipment & Supplies       30,777,033
    Health Care Providers & Services – 5.0%        
13,334   Amedisys Inc, (2)       3,122,290
107,372   Centene Corp, (2)       7,006,023
15,283   Molina Healthcare Inc, (2)       2,822,770
49,243   Quest Diagnostics Inc       6,257,308
    Total Health Care Providers & Services       19,208,391
    Health Care Technology – 1.2%        
19,396   Teladoc Health Inc, (2)       4,609,072
    Hotels, Restaurants & Leisure – 3.7%        
7,416   Chipotle Mexican Grill Inc, (2)       8,566,666
8,011   Domino's Pizza Inc       3,097,133
52,960   Planet Fitness Inc, Class A, (2)       2,764,512
    Total Hotels, Restaurants & Leisure       14,428,311
    Household Products – 1.8%        
72,048   Church & Dwight Co Inc       6,940,384
18      

Shares   Description (1)       Value
    Internet & Direct Marketing Retail – 0.9%        
65,775   Chewy Inc, (2)       $3,452,530
    IT Services – 8.6%        
59,287   Akamai Technologies Inc, (2)       6,666,230
35,696   Euronet Worldwide Inc, (2)       3,431,814
26,874   FleetCor Technologies Inc, (2)       6,948,810
55,581   MAXIMUS Inc       4,124,666
24,284   Okta Inc, (2)       5,366,278
31,289   VeriSign Inc, (2)       6,623,256
    Total IT Services       33,161,054
    Leisure Products – 1.0%        
37,659   Polaris Inc       3,902,602
    Machinery – 2.3%        
162,998   Colfax Corp, (2)       4,739,982
23,180   Parker-Hannifin Corp       4,147,365
    Total Machinery       8,887,347
    Media – 0.9%        
41,427   Nexstar Media Group Inc       3,631,077
    Pharmaceuticals – 2.1%        
131,004   Horizon Therapeutics Plc, (2)       8,016,135
    Road & Rail – 1.0%        
91,059   Knight-Swift Transportation Holdings Inc       3,960,156
    Semiconductors & Semiconductor Equipment – 5.4%        
46,624   Inphi Corp, (2)       6,091,892
25,360   Monolithic Power Systems Inc       6,720,654
77,409   Xilinx Inc       8,309,856
    Total Semiconductors & Semiconductor Equipment       21,122,402
    Software – 18.1%        
81,641   Anaplan Inc, (2)       3,707,318
39,432   Avalara Inc, (2)       5,301,633
40,299   DocuSign Inc, (2)       8,738,032
22,213   Everbridge Inc, (2)       3,172,017
19,161   HubSpot Inc, (2)       4,495,362
54,352   Proofpoint Inc, (2)       6,286,896
92,386   Rapid7 Inc, (2)       5,503,434
57,128   RealPage Inc, (2)       3,599,635
22,242   RingCentral Inc, Class A, (2)       6,456,185
191,782   Slack Technologies Inc, (2)       5,667,158
      19

Nuveen Mid Cap Growth Opportunities Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Software (continued)        
51,710   Synopsys Inc, (2)       $10,301,666
15,451   Trade Desk Inc, (2)       6,973,345
    Total Software       70,202,681
    Specialty Retail – 5.1%        
47,440   Best Buy Co Inc       4,724,550
17,820   O'Reilly Automotive Inc, (2)       8,506,911
46,436   Tractor Supply Co       6,628,275
    Total Specialty Retail       19,859,736
    Textiles, Apparel & Luxury Goods – 2.2%        
25,647   Lululemon Athletica Inc, (2)       8,350,407
    Trading Companies & Distributors – 1.3%        
22,010   Watsco Inc       5,195,901
    Total Long-Term Investments (cost $285,737,434)       385,978,301
    
Shares   Description (1) Coupon     Value
    SHORT-TERM INVESTMENTS – 0.7%        
    MONEY MARKET FUNDS – 0.7%        
2,674,424   First American Treasury Obligations Fund, Class Z 0.060% (3)     $2,674,424
    Total Short-Term Investments (cost $2,674,424)       2,674,424
    Total Investments (cost $288,411,858) – 100.1%       388,652,725
    Other Assets Less Liabilities – (0.1)%       (464,263)
    Net Assets – 100%       $388,188,462
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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.).
20      

Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $385,978,301 $ — $ — $385,978,301
Short-Term Investments:        
Money Market Funds 2,674,424  —  — 2,674,424
Total $388,652,725 $ — $ — $388,652,725
    
  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) Non-income producing; issuer has not declared a dividend within the past twelve months.  
(3) The rate shown is the annualized seven-day subsidized yield as of the end of the reporting period.  
      21

Nuveen Small Cap Growth Opportunities Fund
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 98.1%        
    COMMON STOCKS – 96.1%        
    Aerospace & Defense – 2.3%        
144,452   Kratos Defense & Security Solutions Inc, (2)       $2,601,580
29,513   Mercury Systems Inc, (2)       2,285,192
    Total Aerospace & Defense       4,886,772
    Air Freight & Logistics – 1.2%        
45,235   Hub Group Inc, (2)       2,392,932
    Banks – 1.3%        
70,646   Preferred Bank/Los Angeles CA       2,631,564
    Biotechnology – 10.2%        
129,762   Affimed NV, (2)       458,060
22,638   Allogene Therapeutics Inc, (2)       830,135
63,531   Amicus Therapeutics Inc, (2)       918,023
22,904   Arena Pharmaceuticals, Inc, (2)       1,406,077
7,747   Ascendis Pharma A/S, Sponsored ADR, (2)       1,066,065
20,283   Blueprint Medicines Corp, (2)       1,484,310
31,381   Emergent BioSolutions Inc, (2)       3,490,822
34,742   Fate Therapeutics Inc, (2)       1,086,382
21,214   Global Blood Therapeutics Inc, (2)       1,431,521
38,659   Halozyme Therapeutics Inc, (2)       1,051,138
13,348   IGM Biosciences Inc, (2)       670,871
38,119   Invitae Corp, (2)       1,113,075
62,240   Iovance Biotherapeutics Inc, (2)       1,809,317
47,082   Momenta Pharmaceuticals, Inc, (2)       1,388,448
53,378   Poseida Therapeutics Inc, (2)       692,846
16,905   Principia Biopharma Inc, (2)       1,413,258
14,739   Turning Point Therapeutics Inc, (2)       872,991
    Total Biotechnology       21,183,339
    Building Products – 1.9%        
47,724   AZEK Co Inc, (2)       1,646,478
34,274   CSW Industrials Inc       2,289,160
    Total Building Products       3,935,638
    Capital Markets – 0.8%        
31,575   Evercore Inc       1,746,098
22      

Shares   Description (1)       Value
    Chemicals – 1.3%        
116,041   Avient Corp       $2,773,380
    Commercial Services & Supplies – 1.6%        
38,234   Tetra Tech Inc       3,389,444
    Construction & Engineering – 1.1%        
57,014   MasTec Inc, (2)       2,268,017
    Diversified Consumer Services – 1.0%        
25,080   Chegg Inc, (2)       2,030,728
    Electrical Equipment – 1.1%        
35,173   EnerSys       2,365,736
    Electronic Equipment, Instruments & Components – 1.5%        
62,768   II-VI, Inc, (2)       3,183,593
    Equity Real Estate Investment Trust – 2.9%        
69,060   Healthcare Realty Trust Inc       2,023,458
39,041   QTS Realty Trust Inc, Class A       2,809,000
236,972   Summit Hotel Properties Inc       1,227,515
    Total Equity Real Estate Investment Trust       6,059,973
    Food & Staples Retailing – 0.9%        
63,524   Performance Food Group Co, (2)       1,779,942
    Food Products – 1.5%        
31,949   Freshpet Inc, (2)       3,068,701
    Health Care Equipment & Supplies – 6.3%        
58,707   AtriCure Inc, (2)       2,395,833
114,988   Establishment Labs Holdings Inc, (2)       2,069,784
10,740   iRhythm Technologies Inc, (2)       1,336,915
20,109   Nevro Corp, (2)       2,673,693
38,114   STAAR Surgical Co, (2)       2,217,854
22,077   Tandem Diabetes Care Inc, (2)       2,306,163
    Total Health Care Equipment & Supplies       13,000,242
    Health Care Providers & Services – 5.0%        
61,263   1Life Healthcare Inc, (2)       1,813,998
26,308   Addus HomeCare Corp, (2)       2,536,354
47,512   AMN Healthcare Services Inc, (2)       2,610,309
17,750   LHC Group Inc, (2)       3,463,203
    Total Health Care Providers & Services       10,423,864
      23

Nuveen Small Cap Growth Opportunities Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Health Care Technology – 2.3%        
79,301   HMS Holdings Corp, (2)       $2,577,282
22,983   Inspire Medical Systems Inc, (2)       2,283,591
    Total Health Care Technology       4,860,873
    Hotels, Restaurants & Leisure – 4.8%        
28,464   Jack in the Box Inc, (2)       2,337,179
29,902   Papa John's International Inc       2,830,822
24,435   Planet Fitness Inc, Class A, (2)       1,275,507
22,338   Wingstop Inc       3,490,313
    Total Hotels, Restaurants & Leisure       9,933,821
    Household Durables – 3.2%        
33,311   Meritage Homes Corp, (2)       3,303,785
25,271   TopBuild Corp, (2)       3,333,750
    Total Household Durables       6,637,535
    Insurance – 1.8%        
15,073   eHealth Inc, (2)       1,042,147
13,607   Kinsale Capital Group Inc       2,652,005
    Total Insurance       3,694,152
    IT Services – 3.4%        
57,344   LiveRamp Holdings Inc, (2)       2,613,166
59,115   MAXIMUS Inc       4,386,924
    Total IT Services       7,000,090
    Leisure Products – 1.1%        
118,735   Callaway Golf Co       2,261,902
    Life Sciences Tools & Services – 1.3%        
72,480   NeoGenomics Inc, (2)       2,770,910
    Machinery – 3.8%        
38,900   ESCO Technologies Inc       3,343,066
24,990   John Bean Technologies Corp       2,343,062
55,006   SPX Corp, (2)       2,310,252
    Total Machinery       7,996,380
    Media – 1.4%        
32,626   Nexstar Media Group Inc       2,859,669
    Multiline Retail – 1.3%        
25,954   Ollie's Bargain Outlet Holdings Inc, (2)       2,727,765
    Paper & Forest Products – 1.7%        
113,109   Louisiana-Pacific Corp       3,582,162
24      

Shares   Description (1)       Value
    Pharmaceuticals – 3.3%        
94,738   Aerie Pharmaceuticals Inc, (2)       $1,095,171
69,727   Horizon Therapeutics Plc, (2)       4,266,595
16,534   MyoKardia Inc, (2)       1,490,210
    Total Pharmaceuticals       6,851,976
    Professional Services – 1.4%        
58,848   Huron Consulting Group Inc, (2)       2,808,227
    Semiconductors & Semiconductor Equipment – 5.8%        
24,437   Inphi Corp, (2)       3,192,939
109,335   Lattice Semiconductor Corp, (2)       3,399,225
62,373   MACOM Technology Solutions Holdings Inc, (2)       2,635,883
28,751   Silicon Laboratories Inc, (2)       2,889,763
    Total Semiconductors & Semiconductor Equipment       12,117,810
    Software – 12.1%        
13,944   Avalara Inc, (2)       1,874,771
22,815   Blackline Inc, (2)       2,028,482
122,196   Box Inc, (2)       2,193,418
9,511   Everbridge Inc, (2)       1,358,171
80,127   Ping Identity Holding Corp, (2)       2,753,164
31,521   Q2 Holdings Inc, (2)       2,964,550
68,811   Rapid7 Inc, (2)       4,099,071
27,157   RealPage Inc, (2)       1,711,163
97,995   Sailpoint Technologies Holdings Inc, (2)       3,086,842
27,953   Varonis Systems Inc, (2)       3,028,707
591,081   Videopropulsion Inc, (2), (3)       591
    Total Software       25,098,930
    Specialty Retail – 1.9%        
179,143   American Eagle Outfitters Inc       1,791,430
17,074   Murphy USA Inc, (2)       2,260,768
    Total Specialty Retail       4,052,198
    Textiles, Apparel & Luxury Goods – 2.5%        
60,863   Crocs Inc, (2)       2,187,416
14,089   Deckers Outdoor Corp, (2)       2,948,123
    Total Textiles, Apparel & Luxury Goods       5,135,539
    Trading Companies & Distributors – 1.1%        
36,450   Applied Industrial Technologies, Inc       2,300,724
    Total Common Stocks (cost $159,128,873)       199,810,626
    
      25

Nuveen Small Cap Growth Opportunities Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1), (4)       Value
    EXCHANGE-TRADED FUNDS – 2.0%        
37,710   SPDR S&P Biotech ETF       $4,122,834
    Total Exchange-Traded Funds (cost $2,915,959)       4,122,834
    Total Long-Term Investments (cost $162,044,832)       203,933,460
    
Shares   Description (1) Coupon     Value
    SHORT-TERM INVESTMENTS – 1.5%        
    MONEY MARKET FUNDS – 1.5%        
3,198,644   First American Treasury Obligations Fund, Class Z 0.060% (5)     $3,198,644
    Total Short-Term Investments (cost $3,198,644)       3,198,644
    Total Investments (cost $165,243,476) – 99.6%       207,132,104
    Other Assets Less Liabilities – 0.4%       781,540
    Net Assets – 100%       $207,913,644
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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 inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $199,810,035 $ — $591 $199,810,626
Exchange-Traded Funds 4,122,834  —  — 4,122,834
Short-Term Investments:        
Money Market Funds 3,198,644  —  — 3,198,644
Total $207,131,513 $ — $591 $207,132,104
26      

  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) Non-income producing; issuer has not declared a dividend within the past twelve months.  
(3) Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3.  
(4) A copy of the most recent financial statements for the exchange-traded funds in which the Fund invests can be obtained directly from the Securities and Exchange Commission on its website at http://www.sec.gov.  
(5) The rate shown is the annualized seven-day subsidized yield as of the end of the reporting period.  
ADR American Depositary Receipt  
ETF Exchange-Traded Fund  
SPDR Standard & Poor's Depositary Receipt  
      27

Nuveen Large Cap Select Fund
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.6%        
    COMMON STOCKS – 99.6%        
    Aerospace & Defense – 1.2%        
3,187   L3Harris Technologies Inc       $536,468
    Banks – 1.4%        
11,945   Citigroup Inc       597,370
    Beverages – 1.7%        
10,637   Keurig Dr Pepper Inc       325,386
5,321   Monster Beverage Corp, (2)       417,592
    Total Beverages       742,978
    Biotechnology – 5.7%        
11,830   AbbVie Inc       1,122,785
1,785   Biogen Inc, (2)       490,322
3,061   BioMarin Pharmaceutical Inc, (2)       366,738
1,873   Vertex Pharmaceuticals Inc, (2)       509,456
    Total Biotechnology       2,489,301
    Building Products – 1.2%        
8,782   Owens Corning       531,048
    Capital Markets – 3.0%        
13,909   Bank of New York Mellon Corp       498,638
16,442   Morgan Stanley       803,685
    Total Capital Markets       1,302,323
    Consumer Finance – 1.5%        
4,475   American Express Co       417,607
7,574   OneMain Holdings Inc       217,374
    Total Consumer Finance       634,981
    Diversified Financial Services – 1.1%        
9,502   Voya Financial Inc       469,399
    Electric Utilities – 5.3%        
8,949   American Electric Power Co Inc       777,489
6,234   Entergy Corp       655,381
22,635   Exelon Corp       873,937
    Total Electric Utilities       2,306,807
    Equity Real Estate Investment Trust – 1.1%        
2,789   Crown Castle International Corp       464,926
28      

Shares   Description (1)       Value
    Food Products – 1.2%        
8,691   Tyson Foods Inc       $534,062
    Health Care Equipment & Supplies – 1.1%        
12,492   Boston Scientific Corp, (2)       481,816
    Health Care Providers & Services – 9.4%        
5,903   Cigna Corp       1,019,389
2,605   Humana Inc       1,022,332
3,973   Quest Diagnostics Inc       504,849
4,965   UnitedHealth Group Inc       1,503,303
    Total Health Care Providers & Services       4,049,873
    Hotels, Restaurants & Leisure – 1.8%        
15,439   Wyndham Destinations Inc       410,677
7,956   Wyndham Hotels & Resorts Inc       351,337
    Total Hotels, Restaurants & Leisure       762,014
    Household Durables – 1.0%        
27,453   Newell Brands Inc       450,229
    Insurance – 4.0%        
5,539   Allstate Corp       522,826
14,876   Hartford Financial Services Group Inc       629,552
4,819   Marsh & McLennan Cos Inc       561,896
    Total Insurance       1,714,274
    Interactive Media & Services – 9.8%        
1,621   Alphabet Inc., Class C, (2)       2,403,878
7,215   Facebook Inc., Class A, (2)       1,830,229
    Total Interactive Media & Services       4,234,107
    Internet & Direct Marketing Retail – 8.2%        
1,746   Alibaba Group Holding Ltd, Sponsored ADR, (2)       438,281
982   Amazon.com Inc, (2)       3,107,716
    Total Internet & Direct Marketing Retail       3,545,997
    IT Services – 7.3%        
11,421   Fiserv Inc, (2)       1,139,702
5,465   GDS Holdings Ltd, ADR, (2)       438,785
5,178   Mastercard Inc., Class A       1,597,568
    Total IT Services       3,176,055
    Leisure Products – 0.8%        
4,926   Brunswick Corp/DE       329,944
    Machinery – 1.4%        
3,826   Stanley Black & Decker Inc       586,602
      29

Nuveen Large Cap Select Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Media – 0.9%        
14,456   Altice USA Inc, (2)       $390,167
    Multiline Retail – 1.2%        
4,240   Target Corp       533,731
    Multi-Utilities – 3.2%        
32,811   CenterPoint Energy Inc       623,737
9,202   Dominion Energy Inc       745,638
    Total Multi-Utilities       1,369,375
    Oil, Gas & Consumable Fuels – 1.1%        
17,042   Parsley Energy Inc       187,121
2,769   Pioneer Natural Resources Co       268,372
    Total Oil, Gas & Consumable Fuels       455,493
    Pharmaceuticals – 2.1%        
16,046   AstraZeneca PLC, Sponsored ADR       895,046
    Road & Rail – 2.1%        
3,052   Kansas City Southern       524,486
2,332   Union Pacific Corp       404,252
    Total Road & Rail       928,738
    Semiconductors & Semiconductor Equipment – 8.7%        
5,888   Intel Corp       281,034
1,262   Lam Research Corp       475,976
11,237   Marvell Technology Group Ltd       409,814
2,081   NVIDIA Corp       883,572
5,859   NXP Semiconductors NV       688,608
13,299   Taiwan Semiconductor Manufacturing Co Ltd, Sponsored ADR       1,049,158
    Total Semiconductors & Semiconductor Equipment       3,788,162
    Software – 4.9%        
3,320   Proofpoint Inc, (2)       384,024
4,793   salesforce.com Inc, (2)       933,916
1,869   ServiceNow Inc, (2)       820,865
    Total Software       2,138,805
    Specialty Retail – 2.1%        
3,407   Home Depot Inc       904,524
    Tobacco – 2.4%        
13,506   Philip Morris International Inc       1,037,396
30      

Shares   Description (1)       Value
    Wireless Telecommunication Services – 1.7%        
6,781   T-Mobile US Inc, (2)       $728,144
    Total Long-Term Investments (cost $36,234,812)       43,110,155
    
Shares   Description (1) Coupon     Value
    SHORT-TERM INVESTMENTS – 0.9%        
    MONEY MARKET FUNDS – 0.9%        
393,975   First American Treasury Obligations Fund, Class Z 0.060% (3)     $393,975
    Total Short-Term Investments (cost $393,975)       393,975
    Total Investments (cost $36,628,787) – 100.5%       43,504,130
    Other Assets Less Liabilities – (0.5)%       (212,129)
    Net Assets – 100%       $43,292,001
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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 inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $43,110,155 $ — $ — $43,110,155
Short-Term Investments:        
Money Market Funds 393,975  —  — 393,975
Total $43,504,130 $ — $ — $43,504,130
      31

Nuveen Large Cap Select Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
  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) Non-income producing; issuer has not declared a dividend within the past twelve months.  
(3) The rate shown is the annualized seven-day subsidized yield as of the end of the reporting period.  
ADR American Depositary Receipt  
32      

Nuveen Small Cap Select Fund
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.3%        
    COMMON STOCKS – 98.3%        
    Aerospace & Defense – 1.4%        
64,167   Kratos Defense & Security Solutions Inc, (2)       $1,155,648
    Air Freight & Logistics – 1.2%        
19,437   Hub Group Inc, (2)       1,028,217
    Auto Components – 1.1%        
31,056   Cooper Tire & Rubber Co       964,599
    Banks – 7.7%        
23,599   Banner Corp       836,112
62,803   Home BancShares Inc/AR       1,025,573
25,407   Preferred Bank/Los Angeles CA       946,411
44,443   Renasant Corp       1,032,411
69,185   Sterling Bancorp/DE       778,331
25,535   Western Alliance Bancorp       917,983
23,472   Wintrust Financial Corp       1,004,602
    Total Banks       6,541,423
    Biotechnology – 7.7%        
20,571   Amicus Therapeutics Inc, (2)       297,251
12,698   Arena Pharmaceuticals, Inc, (2)       779,530
3,221   Ascendis Pharma A/S, Sponsored ADR, (2)       443,242
7,351   Blueprint Medicines Corp, (2)       537,946
12,182   Emergent BioSolutions Inc, (2)       1,355,126
12,645   Fate Therapeutics Inc, (2)       395,409
6,062   Global Blood Therapeutics Inc, (2)       409,064
4,958   IGM Biosciences Inc, (2)       249,189
19,992   Iovance Biotherapeutics Inc, (2)       581,167
16,611   Momenta Pharmaceuticals, Inc, (2)       489,858
21,622   Poseida Therapeutics Inc, (2)       280,654
5,548   Principia Biopharma Inc, (2)       463,813
5,059   Turning Point Therapeutics Inc, (2)       299,645
    Total Biotechnology       6,581,894
    Building Products – 2.1%        
28,011   AZEK Co Inc, (2)       966,379
12,358   CSW Industrials Inc       825,391
    Total Building Products       1,791,770
      33

Nuveen Small Cap Select Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Capital Markets – 2.3%        
17,562   Evercore Inc       $971,179
15,843   Piper Sandler Cos       980,840
    Total Capital Markets       1,952,019
    Chemicals – 1.4%        
49,341   Avient Corp       1,179,250
    Commercial Services & Supplies – 2.4%        
16,039   Casella Waste Systems Inc, (2)       888,721
13,234   Tetra Tech Inc       1,173,194
    Total Commercial Services & Supplies       2,061,915
    Construction & Engineering – 1.1%        
24,135   MasTec Inc, (2)       960,090
    Construction Materials – 1.0%        
55,743   Summit Materials Inc, (2)       820,537
    Consumer Finance – 0.7%        
37,830   Regional Management Corp, (2)       574,638
    Electrical Equipment – 2.6%        
19,758   EnerSys       1,328,923
10,013   Regal Beloit Corp       920,896
    Total Electrical Equipment       2,249,819
    Electronic Equipment, Instruments & Components – 3.4%        
28,941   Belden Inc       914,536
33,776   Methode Electronics Inc       952,483
85,606   TTM Technologies Inc, (2)       1,053,810
    Total Electronic Equipment, Instruments & Components       2,920,829
    Equity Real Estate Investment Trust – 6.7%        
82,675   Brandywine Realty Trust       895,370
5,704   EastGroup Properties Inc       756,693
22,368   Healthcare Realty Trust Inc       655,383
49,049   Industrial Logistics Properties Trust       1,035,424
17,575   PotlatchDeltic Corp       752,386
30,732   STAG Industrial Inc       1,001,863
119,390   Summit Hotel Properties Inc       618,440
    Total Equity Real Estate Investment Trust       5,715,559
    Food Products – 2.6%        
50,106   Nomad Foods Ltd, (2)       1,155,444
44,642   Simply Good Foods Co, (2)       1,073,194
    Total Food Products       2,228,638
34      

Shares   Description (1)       Value
    Gas Utilities – 2.5%        
16,932   Southwest Gas Holdings Inc       $1,179,144
15,333   Spire Inc       945,433
    Total Gas Utilities       2,124,577
    Health Care Equipment & Supplies – 2.6%        
18,112   AtriCure Inc, (2)       739,151
33,993   Establishment Labs Holdings Inc, (2)       611,874
8,184   Tandem Diabetes Care Inc, (2)       854,900
    Total Health Care Equipment & Supplies       2,205,925
    Health Care Providers & Services – 4.1%        
15,740   AMN Healthcare Services Inc, (2)       864,756
6,713   LHC Group Inc, (2)       1,309,773
70,524   Select Medical Holdings Corp, (2)       1,342,777
    Total Health Care Providers & Services       3,517,306
    Health Care Technology – 2.3%        
82,542   Change Healthcare Inc, (2)       962,440
32,083   HMS Holdings Corp, (2)       1,042,697
    Total Health Care Technology       2,005,137
    Hotels, Restaurants & Leisure – 2.7%        
15,599   Jack in the Box Inc, (2)       1,280,834
10,681   Papa John's International Inc       1,011,170
    Total Hotels, Restaurants & Leisure       2,292,004
    Household Durables – 2.7%        
11,051   Meritage Homes Corp, (2)       1,096,038
8,988   TopBuild Corp, (2)       1,185,697
    Total Household Durables       2,281,735
    Insurance – 1.7%        
6,906   Primerica Inc       826,372
36,718   Selectquote Inc, (2)       656,885
    Total Insurance       1,483,257
    IT Services – 2.4%        
95,611   Everi Holdings Inc, (2)       543,070
19,914   MAXIMUS Inc       1,477,818
    Total IT Services       2,020,888
    Leisure Products – 1.1%        
49,637   Callaway Golf Co       945,585
    Machinery – 4.5%        
39,393   Altra Industrial Motion Corp       1,348,422
64,527   Shyft Group Inc       1,218,270
      35

Nuveen Small Cap Select Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
Shares   Description (1)       Value
    Machinery (continued)        
30,871   SPX Corp, (2)       $1,296,582
    Total Machinery       3,863,274
    Media – 1.3%        
12,311   Nexstar Media Group Inc       1,079,059
    Mortgage Real Estate Investment Trust – 0.9%        
96,292   Ladder Capital Corp       748,189
    Multi-Utilities – 1.5%        
22,582   Black Hills Corp       1,306,594
    Oil, Gas & Consumable Fuels – 1.0%        
74,312   Parsley Energy Inc       815,946
    Paper & Forest Products – 1.6%        
43,022   Louisiana-Pacific Corp       1,362,507
    Pharmaceuticals – 2.3%        
24,766   Aerie Pharmaceuticals Inc, (2)       286,295
21,255   Horizon Therapeutics Plc, (2)       1,300,593
4,015   MyoKardia Inc, (2)       361,872
    Total Pharmaceuticals       1,948,760
    Professional Services – 1.4%        
24,312   Huron Consulting Group Inc, (2)       1,160,169
    Semiconductors & Semiconductor Equipment – 4.1%        
8,950   Cabot Microelectronics Corp       1,348,944
36,382   Lattice Semiconductor Corp, (2)       1,131,116
24,934   MACOM Technology Solutions Holdings Inc, (2)       1,053,711
    Total Semiconductors & Semiconductor Equipment       3,533,771
    Software – 6.1%        
18,005   J2 Global Inc, (2)       1,021,244
28,727   Ping Identity Holding Corp, (2)       987,060
22,743   Rapid7 Inc, (2)       1,354,800
12,581   RealPage Inc, (2)       792,729
33,480   Sailpoint Technologies Holdings Inc, (2)       1,054,620
    Total Software       5,210,453
    Specialty Retail – 2.2%        
17,689   Aaron's Inc       923,012
7,078   Murphy USA Inc, (2)       937,198
    Total Specialty Retail       1,860,210
36      

Shares   Description (1)       Value
    Textiles, Apparel & Luxury Goods – 2.4%        
25,439   Crocs Inc, (2)       $914,278
5,636   Deckers Outdoor Corp, (2)       1,179,333
    Total Textiles, Apparel & Luxury Goods       2,093,611
    Trading Companies & Distributors – 1.5%        
20,614   Applied Industrial Technologies, Inc       1,301,156
    Total Common Stocks (cost $75,926,622)       83,886,958
    
Shares   Description (1), (3)       Value
    EXCHANGE-TRADED FUNDS – 1.0%        
7,811   SPDR S&P Biotech ETF       $853,977
    Total Exchange-Traded Funds (cost $609,238)       853,977
    Total Long-Term Investments (cost $76,535,860)       84,740,935
    
Shares   Description (1) Coupon     Value
    SHORT-TERM INVESTMENTS – 0.4%        
    MONEY MARKET FUNDS – 0.4%        
392,581   First American Treasury Obligations Fund, Class Z 0.060% (4)     $392,581
    Total Short-Term Investments (cost $392,581)       392,581
    Total Investments (cost $76,928,441) – 99.7%       85,133,516
    Other Assets Less Liabilities – 0.3%       233,893
    Net Assets – 100%       $85,367,409
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. 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. A three-tier hierarchy 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 the reporting entity’s own 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).
      37

Nuveen Small Cap Select Fund (continued)
Portfolio of Investments    July 31, 2020
(Unaudited)
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $83,886,958 $ — $ — $83,886,958
Exchange-Traded Funds 853,977  —  — 853,977
Short-Term Investments:        
Money Market Funds 392,581  —  — 392,581
Total $85,133,516 $ — $ — $85,133,516
    
  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) Non-income producing; issuer has not declared a dividend within the past twelve months.  
(3) A copy of the most recent financial statements for these exchange-traded funds can be obtained directly from the Securities and Exchange Commission on its website at http://www.sec.gov.  
(4) The rate shown is the annualized seven-day subsidized yield as of the end of the reporting period.  
ADR American Depositary Receipt  
ETF Exchange-Traded Fund  
SPDR Standard & Poor's Depositary Receipt  
38