NPORT-EX 2 NIF.htm
Nuveen Minnesota Intermediate Municipal Bond Fund
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 96.0%        
    MUNICIPAL BONDS – 96.0%        
    Education and Civic Organizations – 15.7%        
    Baytown Township, Minnesota Charter School Lease Revenue Bonds, Saint Croix Preparatory Academy, Refunding Series 2016A:        
$425   3.000%, 8/01/23   No Opt. Call BB+ $436,785
720   3.500%, 8/01/25   No Opt. Call BB+ 761,026
130   4.000%, 8/01/28   8/26 at 100.00 BB+ 140,568
    City of Ham Lake, Minnesota, Charter School Lease Revenue Bonds, DaVinci Academy Project, Series 2016A:        
100   5.000%, 7/01/31   7/24 at 102.00 N/R 109,239
1,000   5.000%, 7/01/36   7/24 at 102.00 N/R 1,084,340
    Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2015A:        
190   5.000%, 7/01/30   7/25 at 100.00 BB+ 210,362
710   5.250%, 7/01/37   7/25 at 100.00 BB+ 783,805
    Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2016A:        
200   4.000%, 7/01/22   No Opt. Call BB+ 205,970
465   4.000%, 7/01/23   No Opt. Call BB+ 487,473
300   4.000%, 7/01/24   No Opt. Call BB+ 318,735
135   4.000%, 7/01/25   No Opt. Call BB+ 145,040
130   4.000%, 7/01/26   7/25 at 100.00 BB+ 139,334
300   4.000%, 7/01/27   7/25 at 100.00 BB+ 320,007
370   4.000%, 7/01/28   7/25 at 100.00 BB+ 393,573
245   Deephaven, Minnesota, Charter School Lease Revenue Bonds, Seven Hills Preparatory Academy Project, Series 2017A, 4.375%, 10/01/27   10/24 at 100.00 N/R 255,589
645   Forest Lake, Minnesota, Charter School Lease Revenue Bonds, Lakes International Language Academy, Series 2014A, 5.500%, 8/01/36   8/22 at 102.00 BB+ 681,178
    Greenwood, Minnesota, Charter School Lease Revenue Bonds, Main Street School of Performing Arts Project, Series 2016A:        
1,010   4.500%, 7/01/26   No Opt. Call N/R 1,071,802
40   5.000%, 7/01/36   7/26 at 100.00 N/R 42,058
1,820   Ham Lake, Minnesota Charter School Lease Revenue Bonds, Parnassus Preparatory School Project, Series 2016A, 4.000%, 11/01/26   No Opt. Call BB 1,929,000
975   Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble Academy Project, Series 2014A, 5.000%, 7/01/44   7/24 at 100.00 BB 1,017,432
      1

Nuveen Minnesota Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
    Independence, Minnesota, Charter School Lease Revenue Bonds, Beacon Academy Project, Series 2016A:        
$1,000   4.750%, 7/01/31   7/26 at 100.00 N/R $1,046,880
500   5.000%, 7/01/36   7/26 at 100.00 N/R 519,380
1,350   Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Hiawatha Academies Project, Series 2016A, 5.000%, 7/01/31   7/24 at 102.00 N/R 1,451,763
1,405   Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Twin Cities International Schools Project, Series 2017A, 5.000%, 12/01/32, 144A   12/27 at 100.00 N/R 1,577,253
1,380   Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Yinghua Academy Project, Series 2013A, 6.000%, 7/01/33   7/23 at 100.00 BB+ 1,487,336
315   Minneapolis, Minnesota, Revenue Bonds, Blake School Project, Refunding Series 2010, 4.000%, 9/01/21   3/21 at 100.00 A2 315,879
1,040   Minneapolis, Minnesota, Revenue Bonds, University Gateway Project, Refunding Series 2015, 4.000%, 12/01/28   12/24 at 100.00 Aa1 1,152,694
500   Minneapolis, Minnesota, Revenue Bonds, YMCA of Greater Twin Cities Project, Series 2016, 3.000%, 6/01/21   No Opt. Call Baa1 502,795
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Bethel University, Refunding Series 2017:        
2,800   5.000%, 5/01/32   5/27 at 100.00 BB+ 3,089,744
405   5.000%, 5/01/37   5/27 at 100.00 BB+ 440,053
1,600   Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Refunding Series 2017, 4.000%, 3/01/33   3/27 at 100.00 Aa2 1,818,736
    Minnesota Higher Education Facilities Authority, Revenue Bonds, College of Saint Scholastica, Inc, Refunding Series 2019:        
100   3.000%, 12/01/22   No Opt. Call Baa2 102,751
140   3.000%, 12/01/23   No Opt. Call Baa2 145,487
105   4.000%, 12/01/24   No Opt. Call Baa2 113,639
310   Minnesota Higher Education Facilities Authority, Revenue Bonds, College of St Scholastica, Inc, Series 2012-7R, 3.375%, 12/01/22   No Opt. Call Baa2 320,528
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Gustavus Adolfus College, Series 2013-7W:        
350   4.000%, 10/01/21   No Opt. Call A3 356,822
250   5.000%, 10/01/22   No Opt. Call A3 267,073
500   5.000%, 10/01/23   No Opt. Call A3 555,585
1,000   4.250%, 10/01/28   10/23 at 100.00 A3 1,076,100
1,250   Minnesota Higher Education Facilities Authority, Revenue Bonds, Macalester College, Series 201528J, 3.250%, 3/01/29   3/25 at 100.00 Aa3 1,338,425
1,235   Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Catherine University, Refunding Series 2018A, 5.000%, 10/01/31   10/28 at 100.00 Baa1 1,491,472
700   Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint John's University, Series 2015-8I, 3.375%, 10/01/30   10/25 at 100.00 A2 740,642
2      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Olaf College, Series 2015-8-G:        
$1,305   5.000%, 12/01/26   12/25 at 100.00 A1 $1,550,666
1,000   5.000%, 12/01/28   12/25 at 100.00 A1 1,177,180
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Olaf College, Series 2021:        
1,250   3.000%, 10/01/38 (WI/DD, Settling 3/18/21)   10/30 at 100.00 A1 1,358,462
1,000   3.000%, 10/01/41 (WI/DD, Settling 3/18/21)   10/30 at 100.00 A1 1,076,440
850   4.000%, 10/01/46 (WI/DD, Settling 3/18/21)   10/30 at 100.00 A1 986,289
    Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2013-7U:        
2,000   4.000%, 4/01/25   4/23 at 100.00 A2 2,134,220
775   4.000%, 4/01/26   4/23 at 100.00 A2 825,313
300   4.000%, 4/01/27   4/23 at 100.00 A2 318,687
    Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2017A:        
750   4.000%, 10/01/34   10/27 at 100.00 A2 854,572
525   4.000%, 10/01/35   10/27 at 100.00 A2 596,668
450   4.000%, 10/01/36   10/27 at 100.00 A2 509,927
    Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2019:        
400   5.000%, 10/01/27   No Opt. Call A2 495,964
295   5.000%, 10/01/28   No Opt. Call A2 372,969
1,000   4.000%, 10/01/31   10/29 at 100.00 A2 1,186,390
450   Minnesota Office of Higher Education, Supplemental Student Loan Program Revenue Bonds, 2020 Senior Series, 5.000%, 11/01/26 (AMT)   No Opt. Call AA 536,661
705   Minnesota Office of Higher Education, Supplemental Student Loan Program Revenue Bonds, Senior Series 2018, 5.000%, 11/01/26 (AMT)   No Opt. Call AA 840,769
    Minnesota State Colleges and University, General Fund Revenue Bonds, Series 2011A:        
1,515   4.250%, 10/01/24   10/21 at 100.00 AA- 1,546,451
880   4.375%, 10/01/25   10/21 at 100.00 AA- 898,427
905   4.500%, 10/01/26   10/21 at 100.00 AA- 923,996
1,185   Minnesota State Colleges and University, General Fund Revenue Bonds, Series 2015A, 3.000%, 10/01/26   4/25 at 100.00 AA- 1,286,163
    Moorhead, Minnesota, Educational Facilities Revenue Bonds, The Concordia College Corporation Project, Series 2016:        
980   4.000%, 12/01/30   12/25 at 100.00 Baa1 1,052,118
1,060   4.000%, 12/01/32   12/25 at 100.00 Baa1 1,131,953
935   Otsego, Minnesota, Charter School Lease Revenue Bonds, Kaleidoscope Charter School Project, Series 2014A, 5.000%, 9/01/34   9/24 at 100.00 BB- 972,045
560   Ramsey, Anoka County, Minnesota, Lease Revenue Bonds, PACT Charter School Project, Refunding Series 2013A, 5.000%, 12/01/26   12/21 at 100.00 BBB- 573,535
      3

Nuveen Minnesota Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
$680   Rice County, Minnesota Educational Facility Revenue Bonds, Shattuck, Saint Mary's School Project, Series 2015, 5.000%, 8/01/22, 144A   No Opt. Call BB $697,394
70   Saint Cloud, Minnesota, Charter School Lease Revenue Bonds, Stride Academy Project, Series 2016A, 5.000%, 4/01/36 (4)   4/26 at 100.00 N/R 49,000
710   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Great River School Project, Series 2017A, 5.500%, 7/01/38, 144A   7/27 at 100.00 N/R 798,118
2,005   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Hmong College Prep Academy Project, Series 2016A, 5.250%, 9/01/31   9/26 at 100.00 BB+ 2,322,251
200   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Metro Deaf School Project, Series 2018A, 5.000%, 6/15/38, 144A   6/25 at 100.00 N/R 212,982
165   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Nova Classical Academy, Series 2011A, 5.700%, 9/01/21   No Opt. Call BB+ 168,845
200   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Nova Classical Academy, Series 2016A, 4.000%, 9/01/31   9/24 at 102.00 BB+ 211,818
885   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities Academy Project, Series 2015A, 5.000%, 7/01/35   7/25 at 100.00 BB 949,649
    Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities German Immersion School, Series 2013A:        
150   4.000%, 7/01/23   No Opt. Call BB 154,344
700   5.000%, 7/01/33   7/23 at 100.00 BB 735,294
260   Saint Paul Housing and Redevelopment Authority, Minnesota, Lease Revenue Bonds, Saint Paul Conservatory for Performing Artists Charter School Project, Series 2013A, 4.000%, 3/01/28   3/23 at 100.00 BB 265,816
2,770   Savage, Minnesota Charter School Lease Revenue Bonds, Aspen Academy Project, Series 2016A, 5.000%, 10/01/36   10/26 at 100.00 N/R 2,915,730
250   University of Minnesota, General Obligation Bonds, Refunding Series 2017B, 5.000%, 12/01/21   No Opt. Call Aa1 259,090
    University of Minnesota, General Obligation Bonds, Series 2014B:        
1,000   4.000%, 1/01/31   1/24 at 100.00 Aa1 1,076,010
1,000   4.000%, 1/01/32   1/24 at 100.00 Aa1 1,073,980
1,000   4.000%, 1/01/34   1/24 at 100.00 Aa1 1,070,510
    University of Minnesota, General Obligation Bonds, Series 2019A:        
1,310   5.000%, 4/01/29   No Opt. Call Aa1 1,709,393
1,890   5.000%, 4/01/30   4/29 at 100.00 Aa1 2,445,376
    Winona Port Authority, Minnesota, Charter School Lease Revenue Bonds, Bluffview Montessori School Project, Refunding Series 2016:        
175   3.750%, 6/01/26   6/24 at 100.00 N/R 177,238
10   4.500%, 6/01/36   6/24 at 100.00 N/R 10,072
64,650   Total Education and Civic Organizations       70,953,128
    Health Care – 13.9%        
3,370   Chippewa County, Minnesota, Gross Revenue Hospital Bonds, Montevideo Hospital Project, Refunding Series 2016, 4.000%, 3/01/29   3/26 at 100.00 N/R 3,521,616
4      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    City of Plato, Minnesota, Health Care Facilities Revenue Bonds, Glencoe Regional Health Services Project, Series 2017:        
$1,140   4.000%, 4/01/29   4/27 at 100.00 BBB $1,281,451
1,040   4.000%, 4/01/32   4/27 at 100.00 BBB 1,138,249
1,150   Crookston, Minnesota, Health Care Facilities Revenue Bonds, RiverView Health Project, Refunding Series 2017A, 4.000%, 5/01/32   5/25 at 100.00 N/R 1,147,447
    Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A:        
1,045   5.000%, 2/15/33   2/28 at 100.00 A- 1,262,778
145   4.250%, 2/15/38   2/28 at 100.00 A- 163,751
    Glencoe, Minnesota, Health Care Facilities Revenue Bonds, Glencoe Regional Health Services Project, Series 2013:        
100   4.000%, 4/01/21   No Opt. Call BBB 100,252
660   4.000%, 4/01/25   4/22 at 100.00 BBB 680,044
400   4.000%, 4/01/26   4/22 at 100.00 BBB 411,700
2,000   Maple Grove, Minnesota, Health Care Facilities Revenue Refunding Bonds, North Memorial Health Care, Series 2015, 5.000%, 9/01/28   9/25 at 100.00 Baa1 2,282,360
    Maple Grove, Minnesota, Health Care Facility Revenue Bonds, North Memorial Health Care, Series 2017:        
495   5.000%, 5/01/31   5/27 at 100.00 Baa1 582,566
405   5.000%, 5/01/32   5/27 at 100.00 Baa1 473,591
    Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2015A:        
1,190   5.000%, 11/15/28   11/25 at 100.00 A+ 1,393,252
1,100   5.000%, 11/15/29   11/25 at 100.00 A+ 1,280,983
1,000   5.000%, 11/15/30   11/25 at 100.00 A+ 1,160,350
2,000   5.000%, 11/15/32   11/25 at 100.00 A+ 2,307,560
    Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2018A:        
3,390   5.000%, 11/15/35   11/28 at 100.00 A+ 4,142,987
2,100   5.000%, 11/15/36   11/28 at 100.00 A+ 2,557,968
500   Minneapolis-Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care System Revenue Bonds, Allina Health System, Refunding Series 2017A, 5.000%, 11/15/29   5/27 at 100.00 AA- 611,410
    Minneapolis-Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care System Revenue Bonds, Allina Health System, Refunding Series 2019:        
300   5.000%, 11/15/22   No Opt. Call AA- 323,874
275   5.000%, 11/15/24   No Opt. Call AA- 319,932
645   5.000%, 11/15/26   No Opt. Call AA- 795,666
1,030   5.000%, 11/15/27   No Opt. Call AA- 1,299,881
      5

Nuveen Minnesota Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Northern Itasca Hospital District, Minnesota, Health Facilities Gross Revenue Bonds, Refunding Series 2013A:        
$275   4.000%, 12/01/25   3/21 at 100.00 N/R $269,742
250   4.050%, 12/01/26   3/21 at 100.00 N/R 241,930
250   4.150%, 12/01/27   3/21 at 100.00 N/R 239,450
750   Northern Itasca Hospital District, Minnesota, Health Facilities Gross Revenue Bonds, Series 2013C, 5.400%, 12/01/33   3/21 at 100.00 N/R 749,985
    Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Refunding Series 2016B:        
2,350   5.000%, 11/15/29   No Opt. Call AA 3,100,684
1,000   5.000%, 11/15/33   No Opt. Call AA 1,416,060
1,785   Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Series 2011, 4.500%, 11/15/38 (Mandatory Put 11/15/21)   No Opt. Call AA 1,837,443
80   Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System Project, Series 2010A, 4.250%, 5/01/21   3/21 at 100.00 AA- 80,232
945   Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Refunding Series 2014B, 5.000%, 5/01/24   No Opt. Call AA- 1,072,660
1,895   Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2016A, 5.000%, 5/01/27   5/26 at 100.00 AA- 2,268,163
    Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A:        
3,620   5.000%, 7/01/28   7/25 at 100.00 A 4,211,327
1,550   5.000%, 7/01/30   7/25 at 100.00 A 1,795,396
4,500   5.000%, 7/01/32   7/25 at 100.00 A 5,174,280
1,155   4.000%, 7/01/35   7/25 at 100.00 A 1,246,903
    Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A:        
1,000   5.000%, 11/15/28   11/27 at 100.00 A+ 1,233,240
1,000   5.000%, 11/15/34   11/27 at 100.00 A+ 1,201,740
1,745   4.000%, 11/15/35   11/27 at 100.00 A+ 1,952,673
625   4.000%, 11/15/36   11/27 at 100.00 A+ 697,294
1,305   4.000%, 11/15/37   11/27 at 100.00 A+ 1,452,230
    Shakopee, Minnesota, Health Care Facilities Revenue Bonds, Saint Francis Regional Medical Center, Refunding Series 2014:        
1,200   5.000%, 9/01/27   9/24 at 100.00 A 1,345,368
1,140   5.000%, 9/01/29   9/24 at 100.00 A 1,263,610
    Winona, Minnesota, Health Care Facilities Revenue Bonds, Winona Health Obligated Group, Refunding Series 2012:        
485   4.500%, 7/01/24   7/21 at 100.00 BBB 490,093
260   5.000%, 7/01/34   7/21 at 100.00 BBB 262,210
54,645   Total Health Care       62,842,381
6      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Housing/Multifamily – 0.1%        
$500   Anoka Housing and Redevelopment Authority, Minnesota, Multifamily Housing Revenue Bonds, Woodland Park Apartments Project, Series 2011A, 5.000%, 4/01/27   3/21 at 100.00 Aaa $501,370
    Housing/Single Family – 0.9%        
230   Dakota County Community Development Agency, Minnesota, Single Family Mortgage Revenue Bonds, Mortgage Backed Securities Program, Series 2011A, 4.400%, 12/01/26   3/21 at 100.00 AA+ 230,099
310   Minnesota Housing Finance Agency, Homeownership Finance Bonds, Mortgage-Backed Securities Program, Series 2011D, 4.375%, 7/01/26   7/21 at 100.00 Aaa 312,954
270   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2012A, 3.750%, 7/01/22 (AMT)   1/22 at 100.00 AA+ 276,453
80   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2012C, 3.750%, 1/01/22 (AMT)   No Opt. Call AA+ 81,962
160   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2014C, 3.100%, 7/01/26   7/24 at 100.00 AA+ 162,922
40   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2015F, 3.300%, 7/01/29   7/25 at 100.00 AA+ 43,149
    Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2017A:        
10   1.750%, 7/01/21 (AMT)   No Opt. Call AA+ 10,037
210   3.200%, 7/01/30 (AMT)   1/27 at 100.00 AA+ 213,862
230   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2017D, 3.300%, 1/01/30 (AMT)   1/27 at 100.00 AA+ 245,709
    Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2018A:        
100   3.500%, 7/01/28 (AMT)   7/27 at 100.00 AA+ 105,061
80   3.625%, 7/01/32 (AMT)   7/27 at 100.00 AA+ 83,219
165   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2019B, 3.300%, 7/01/33   7/28 at 100.00 AA+ 176,025
    Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020A:        
505   1.300%, 7/01/22 (AMT)   No Opt. Call AA+ 509,843
365   1.350%, 7/01/23 (AMT)   No Opt. Call AA+ 369,957
    Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020E:        
830   1.850%, 1/01/29   No Opt. Call AA+ 856,768
495   1.900%, 7/01/29   No Opt. Call AA+ 511,385
4,080   Total Housing/Single Family       4,189,405
    Industrials – 0.2%        
1,000   Minneapolis, Minnesota, Limited Tax Supported Development Revenue Bonds, Common Bond Fund Series 2013-1, 4.000%, 6/01/28   6/21 at 100.00 A+ 1,006,760
    Long-Term Care – 9.1%        
250   Anoka, Minnesota, Housing Revenue Bonds, The Homestead at Anoka, Inc Project, Refunding Series 2017, 5.000%, 11/01/46   11/24 at 103.00 N/R 265,712
1,000   Center City, Minnesota, Health Care Facilities Revenue Bonds, Hazelden Betty Ford Foundation Project, Series 2014, 5.000%, 11/01/25   11/24 at 100.00 Baa1 1,139,550
      7

Nuveen Minnesota Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Long-Term Care (continued)        
    Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019:        
$100   4.000%, 9/01/29   9/26 at 102.00 N/R $96,707
100   4.000%, 9/01/30   9/26 at 102.00 N/R 95,797
100   4.000%, 9/01/31   9/26 at 102.00 N/R 94,729
100   4.000%, 9/01/32   9/26 at 102.00 N/R 93,498
155   4.000%, 9/01/33   9/26 at 102.00 N/R 142,898
100   4.000%, 9/01/34   9/26 at 102.00 N/R 90,361
815   Chisago City, Minnesota, Housing and Health Care Revenue Bonds, CDL Homes, LLC Project, Series 2013B, 6.000%, 8/01/33   8/23 at 100.00 N/R 862,327
1,110   City of Minneapolis, Minnesota, Senior Housing and Healthcare Facilities Revenue Bonds, Walker Minneapolis Campus Project, Series 2015, 4.625%, 11/15/31   11/22 at 100.00 N/R 1,061,548
325   City of Vergas, Minnesota, Housing and Health Care Revenue Bonds, CDL Homes, LLC Project, Refunding Series 2016, 4.000%, 8/01/31   8/24 at 100.00 N/R 328,091
235   Cold Spring, Minnesota, Health Care Facilities Revenue Bonds, Assumption Home, Inc, Refunding Series 2017, 4.450%, 3/01/31   3/22 at 101.00 N/R 236,337
200   Cold Spring, Minnesota, Health Care Facilities Revenue Bonds, Assumption Home, Inc, Refunding Series 2018, 4.500%, 9/01/33   9/23 at 100.00 N/R 201,222
    Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield Senior Housing, Inc, Refunding Series 2015:        
1,000   4.600%, 1/01/27   1/23 at 100.00 N/R 980,420
500   5.000%, 1/01/34   1/23 at 100.00 N/R 471,015
    Dakota County Community Development Agency, Minnesota, Senior Housing Revenue Bonds, Walker Highview Hills LLC Project, Refunding Series 2016A:        
2,385   3.875%, 8/01/29, 144A   8/22 at 100.00 N/R 2,431,913
1,100   5.000%, 8/01/36, 144A   8/22 at 100.00 N/R 1,132,978
500   Dennison, Minnesota, Senior Housing Revenue Bonds, Villages of Lonsdale, LLC Project, Series 2019, 4.200%, 5/01/35   5/24 at 101.00 N/R 501,875
1,435   Lake Crystal, Minnesota, Housing and Health Care Revenue Bonds, Ecumen, Second Century & Owatonna Senior Living Project, Refunding Series 2014A, 4.500%, 9/01/44 (Mandatory Put 9/01/24)   3/21 at 100.00 N/R 1,436,062
200   Maple Plain, Minnesota Senior Housing and Healthcare Revenue Bonds, Haven Homes, Inc Project, Series 2019, 4.000%, 7/01/32   7/25 at 102.00 N/R 202,000
100   Mapleton, Minnesota, Healthcare Facility Revenue Bonds, Mapleton Community Home, Refunding Series 2019, 3.750%, 5/01/34   5/24 at 101.00 N/R 90,932
    Minneapolis, Minnesota, Revenue Bonds, Walker Minneapolis Campus Project, Refunding Series 2012:        
1,400   5.000%, 11/15/24   11/22 at 100.00 N/R 1,408,974
1,650   4.750%, 11/15/28   11/22 at 100.00 N/R 1,624,821
    Minneapolis, Minnesota, Senior Housing and Healthcare Revenue Bonds, Ecumen, Abiitan Mill City Project, Series 2015:        
425   4.750%, 11/01/28   5/23 at 100.00 N/R 429,501
750   5.250%, 11/01/45   5/23 at 100.00 N/R 756,502
8      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Long-Term Care (continued)        
    Morris, Minnesota, Health Care Facilities Revenue Bonds, Farmington Health Services Project, Refunding Series 2019:        
$190   2.900%, 8/01/23   No Opt. Call N/R $187,078
100   3.100%, 8/01/25   8/24 at 101.00 N/R 97,814
380   North Oaks, Minnesota, Senior Housing Revenue Bonds, Waverly Gardens Project, Refunding Series 2016, 4.000%, 10/01/24   No Opt. Call N/R 408,584
    Rochester, Minnesota, Health Care and Housing Revenue Bonds, Samaritan Bethany, Inc Project, Refunding Series 2017A:        
775   3.875%, 8/01/26   8/25 at 100.00 N/R 807,713
805   4.000%, 8/01/27   8/25 at 100.00 N/R 841,080
2,000   4.000%, 8/01/30   8/25 at 100.00 N/R 2,073,680
405   Saint Joseph, Minnesota, Senior Housing and Healthcare Revenue Bonds, Woodcrest of Country Manor Project, Series 2019 A, 4.000%, 7/01/33   7/24 at 102.00 N/R 382,304
1,000   Saint Louis Park, Minnesota, Health Care Facilities Revenue Bonds, Mount Olivet Careview Home Project, Series 2016B, 4.350%, 6/01/36   6/26 at 100.00 N/R 980,270
125   Saint Louis Park, Minnesota, Health Care Facilities Revenue Bonds, Mount Olivet Careview Home Project, Series 2016C, 2.250%, 6/01/21   No Opt. Call N/R 124,664
2,760   Saint Paul Housing and Redevelopment Authority Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Homes Project, Series 2013, 5.000%, 5/01/33   5/23 at 100.00 N/R 2,773,855
    Saint Paul Housing and Redevelopment Authority, Minnesota, Revenue Bonds, Amherst H Wilder Foundation Project, Refunding Series 2020A:        
500   5.000%, 12/01/25   No Opt. Call Baa2 576,910
1,015   5.000%, 12/01/26   No Opt. Call Baa2 1,191,559
410   Saint Paul Housing and Redevelopment Authority, Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Homes Project, Refunding Series 2012A, 4.000%, 11/01/22   3/21 at 100.00 N/R 410,115
    Saint Paul Park, Minnesota, Health Facilities Revenue Bonds, Presbyterian Homes Interlude Transitional Care Projects, Refunding Series 2018:        
510   4.200%, 5/01/33   5/23 at 102.00 N/R 539,029
1,940   4.750%, 5/01/38   5/23 at 102.00 N/R 2,070,659
    Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017:        
500   3.250%, 9/01/26   9/24 at 100.00 N/R 512,650
550   3.700%, 9/01/28   9/24 at 100.00 N/R 569,354
350   3.800%, 9/01/29   9/24 at 100.00 N/R 362,411
565   3.900%, 9/01/30   9/24 at 100.00 N/R 585,380
320   4.125%, 9/01/34   9/24 at 100.00 N/R 331,114
1,020   Sartell, Minnesota, Health Care and Housing Facilities Revenue Bonds, Country Manor Campus LLC Project, Series 2012A, 5.250%, 9/01/27   9/22 at 100.00 N/R 1,038,054
1,590   Sartell, Minnesota, Health Care Facilities Revenue Bonds, Country Manor Campus LLC Project, Refunding Series 2017, 5.000%, 9/01/27   No Opt. Call N/R 1,678,324
2,395   Sauk Rapids, Minnesota, Health Care and Housing Facilities Revenue Bonds, Good Shepherd Luthran Home, Refunding Series 2013, 5.125%, 1/01/39   1/23 at 100.00 N/R 2,407,071
      9

Nuveen Minnesota Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Long-Term Care (continued)        
    Scanlon, Minnesota, Health Care Facilities Revenue Bonds, Duluth Health Services Project, Refunding Series 2020:        
$50   2.350%, 3/01/21   No Opt. Call N/R $50,000
100   2.450%, 3/01/23   No Opt. Call N/R 98,598
120   2.700%, 3/01/26   3/25 at 101.00 N/R 116,062
335   2.950%, 3/01/28   3/25 at 101.00 N/R 319,037
    Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019:        
175   3.000%, 8/01/27   8/24 at 102.00 N/R 173,283
300   3.125%, 8/01/28   8/24 at 102.00 N/R 299,502
300   3.250%, 8/01/29   8/24 at 102.00 N/R 300,882
225   3.375%, 8/01/30   8/24 at 102.00 N/R 226,382
600   5.000%, 8/01/31   8/24 at 102.00 N/R 643,392
450   5.000%, 8/01/32   8/24 at 102.00 N/R 481,486
250   5.000%, 8/01/33   8/24 at 102.00 N/R 267,155
555   5.000%, 8/01/34   8/24 at 102.00 N/R 592,901
250   5.000%, 8/01/35   8/24 at 102.00 N/R 266,905
39,950   Total Long-Term Care       40,961,027
    Tax Obligation/General – 33.9%        
2,000   Alexandria Independent School District 206, Douglas County, Minnesota, General Obligation Bonds, Refunding School Building Series 2017A, 5.000%, 2/01/30   2/28 at 100.00 Aa2 2,502,560
1,335   Annandale Independent School District 876, Wright and Stearns Counties, Minnesota, General Obligation Bonds, Refunding School Building Series 2020A, 4.000%, 2/01/27   No Opt. Call Aa2 1,571,429
1,475   Anoka-Hennepin Independent School District 11, Coon Rapids, Minnesota, General Obligation Bonds, School Building Series 2020A, 3.000%, 2/01/34   2/28 at 100.00 AAA 1,604,328
1,165   Barnesville Independent School District 146 Public Schools, Clay, Otter Tail and Wilkin Counties, Minnesota, General Obligation Bonds, School Building Series 2019A, 4.000%, 2/01/31   2/28 at 100.00 Aa2 1,354,499
    Belgrade Brooten Elrosa Public Schools Independent School District 2364, Minnesota, General Obligation Bonds, School Building Series 2020A:        
400   3.000%, 2/01/28   2/26 at 100.00 Aa2 438,796
280   3.000%, 2/01/29   2/26 at 100.00 Aa2 305,334
1,590   Belle Plaine Independent School District 716, Minnesota, General Obligation Bonds, Refunding School Building Series 2020A, 5.000%, 2/01/26   No Opt. Call Aa2 1,922,517
1,405   Benson Independent School District 777, Minnesota, General Obligation Bonds, School Building Series 2018A, 4.000%, 2/01/32   2/27 at 100.00 AAA 1,608,725
1,385   Bloomington Independent School District 271, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance, Series 2020A, 2.000%, 2/01/27   No Opt. Call AAA 1,472,020
320   Blue Earth Area Schools Independent School District 2860, Minnesota, General Obligation Bonds, Refunding Series 2019A, 4.000%, 2/01/26   No Opt. Call Aa2 368,464
1,565   Brainerd Independent School District 181, Crow Wing County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018C, 5.000%, 2/01/27   2/26 at 100.00 AAA 1,899,049
10      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Brainerd Independent School District 181, Crow Wing County, Minnesota, General Obligation Bonds, School Building Series 2018A:        
$3,280   4.000%, 2/01/30   2/27 at 100.00 AAA $3,784,234
1,000   4.000%, 2/01/33   2/27 at 100.00 AAA 1,141,260
    Brooklyn Center Independent School District 286, Minnesota, General Obligation Bonds, Series 2018A:        
2,145   4.000%, 2/01/35   2/27 at 100.00 Aa2 2,416,364
1,720   4.000%, 2/01/37   2/27 at 100.00 Aa2 1,927,398
2,000   Buffalo, Minnesota, Water and Sewer Revenue Bonds, Refunding Series 2014A, 4.000%, 11/01/28  –  BAM Insured   11/23 at 100.00 AA 2,145,060
420   Burnsville, Dakota County, Minnesota, General Obligation Bonds, Refunding Utility Improvement Series 2019A, 5.000%, 12/20/27   No Opt. Call AAA 534,345
365   Centennial Independent School District 12, Circle Pines, Anoka County, Minnesota, General Obligation Bonds, School Building Bonds, Series 2019A, 5.000%, 2/01/23   No Opt. Call AAA 397,788
    Chaska, Minnesota, General Obligation Bonds, Series 2020C:        
235   5.000%, 2/01/28   No Opt. Call AA 297,573
250   5.000%, 2/01/29   No Opt. Call AA 322,535
1,000   Cloquet Independent School District 94, Carlton and Saint Louis Counties, Minnesota, General Obligation Bonds, School Building Series 2015B, 4.000%, 2/01/36   2/25 at 100.00 Aa2 1,083,240
225   Columbia Heights Independent School District 13, Minnesota, General Obligation Bonds, School Building Series 2019B, 0.000%, 2/01/27   No Opt. Call Aa2 209,673
1,055   Dawson-Boyd Independent School District 378, Yellow Medicine County, Minnesota, General Obligation Bonds, School Building Series 2019A, 4.000%, 2/01/30   2/28 at 100.00 AAA 1,243,412
1,250   Detroit Lakes Independent School District 22, Becker and Otter Tail Counties, Minnesota, General Obligation Bonds, School Building Series 2019A, 4.000%, 2/01/30   2/27 at 100.00 AAA 1,442,163
    Dilworth-Glyndon-Felton Independent School District 2164, Clay County, Minnesota, General Obligation Bonds, School Building Series 2020A:        
685   4.000%, 2/01/28   2/26 at 100.00 AAA 784,222
970   4.000%, 2/01/30   2/26 at 100.00 AAA 1,098,156
3,150   Elk River Independent School District 728, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2019A, 4.000%, 2/01/31   2/27 at 100.00 Aa2 3,610,719
870   Elk River, Minnesota, General Obligation Bonds, Refunding Capital Improvement Plan Series 2020B, 5.000%, 2/01/22   No Opt. Call AA+ 908,271
1,530   Eveleth-Gilbert Public Schools Independent School District 2154, Saint Louis County, Minnesota, General Obligation Bonds, Series 2019A, 4.000%, 2/01/32   2/28 at 100.00 AAA 1,787,545
    Fridley Independent School District 14, Anoka County, Minnesota, General Obligation Bonds, Alternative Facility, Series 2016B:        
2,620   5.000%, 2/01/27   2/26 at 100.00 Aa2 3,170,750
1,075   4.000%, 2/01/28   2/26 at 100.00 Aa2 1,222,952
665   Goodhue County, Minnesota, General Obligation Bonds, Capital Improvement Plan, Series 2015A, 3.000%, 2/01/27   2/23 at 100.00 Aa2 689,292
1,485   Goodhue Independent School District 253, Minnesota, General Obligation Bonds, School Building Series 2019A, 4.000%, 2/01/30   2/28 at 100.00 AAA 1,750,206
      11

Nuveen Minnesota Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Greenway Independent School District 316, Itasca County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2019F:        
$1,265   0.000%, 2/01/27   2/26 at 97.95 AAA $1,174,249
1,345   0.000%, 2/01/28   2/26 at 95.70 AAA 1,212,679
460   Greenway Independent School District 316, Itasca County, Minnesota, General Obligation Bonds, Refunding Alternate Facilities Series 2019D, 5.000%, 2/01/26   No Opt. Call AAA 552,005
1,040   Hennepin County, Minnesota, General Obligation Bonds, Sales Tax Series 2020C, 5.000%, 12/15/31   12/29 at 100.00 AAA 1,370,127
300   Hennepin County, Minnesota, General Obligation Bonds, Series 2017C, 5.000%, 12/01/24   No Opt. Call AAA 350,997
630   Hopkins, Hennepin County, Minnesota, General Obligation Bonds, Series 2020A, 4.000%, 2/01/29   No Opt. Call AA+ 768,468
500   Independent School District 621, Mounds View, Minnesota, General Obligation Bonds, School Building Series 2018A, 4.000%, 2/01/42   2/27 at 100.00 AAA 558,840
330   Jackson County Central Independent School District 2895, Minnesota, General Obligation Bonds, School Building Series 2020A, 4.000%, 2/01/27   No Opt. Call AAA 390,740
    La Crescent, Minnesota, General Obligation Bonds, Series 2019B:        
130   4.000%, 2/01/22   No Opt. Call A1 134,398
100   4.000%, 2/01/23   No Opt. Call A1 106,381
1,225   Lake City Independent School District 813, Goodhue and Wabasha Counties, Minnesota, General Obligation Bonds, Refunding Series 2019A, 5.000%, 2/01/26   No Opt. Call AAA 1,481,846
    Lake Crystal, Minnesota, General Obligation Bonds, Series 2019A:        
130   3.000%, 12/15/23   No Opt. Call AA 138,713
265   3.000%, 12/15/24   No Opt. Call AA 287,546
    Lester Prairie Independent School District 424, McLeod County, Minnesota, General Obligation Bonds, School Building Series 2019A:        
415   5.000%, 2/01/29   No Opt. Call Aa2 538,687
625   4.000%, 2/01/30   2/29 at 100.00 Aa2 754,563
    Mankato Independent School District 77, Nicollet and Le Sueur Counties, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2020A:        
505   4.000%, 2/01/30   2/29 at 100.00 Aa2 602,970
595   4.000%, 2/01/31   2/29 at 100.00 Aa2 707,407
500   4.000%, 2/01/33   2/29 at 100.00 Aa2 588,245
550   4.000%, 2/01/34   2/29 at 100.00 Aa2 643,176
1,390   Maple River Independent School District 2135, Minnesota, General Obligation Bonds, School Building Series 2020A, 5.000%, 2/01/29   No Opt. Call AAA 1,807,945
500   Marshall Independent School District 413, Lyon County, Minnesota, General Obligation Bonds, School Building Series 2019B, 4.000%, 2/01/30   2/28 at 100.00 Aa2 587,125
1,690   Metropolitan Council Minneapolis- Saint Paul Metropolitan Area, Minnesota, General Obligation Bonds, Refunding Transit Series 2020D, 5.000%, 3/01/27   No Opt. Call AAA 2,114,173
2,595   Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, Long-Term Facilities Maintenance Series 2017B, 4.000%, 2/01/32   2/28 at 100.00 AAA 3,056,106
12      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$1,980   Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, Long-Term Facilities Maintenance Series 2019B, 4.000%, 2/01/34   2/29 at 100.00 AAA $2,355,764
    Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, School Building Series 2020B:        
2,460   5.000%, 2/01/28   No Opt. Call AAA 3,139,550
1,490   4.000%, 2/01/32   2/30 at 100.00 AAA 1,820,005
800   Minneapolis, Minnesota, General Obligation Bonds, Improvement & Various Purpose Series 2017, 3.000%, 12/01/27   12/24 at 100.00 AAA 863,584
    Minneapolis, Minnesota, General Obligation Bonds, Improvement & Various Purpose Series 2018:        
1,480   4.000%, 12/01/33   12/26 at 100.00 AAA 1,705,611
500   4.000%, 12/01/35   12/26 at 100.00 AAA 573,630
1,000   Minnesota State, General Obligation Bonds, State Trunk Highway Series 2014B, 4.000%, 8/01/26   8/24 at 100.00 AAA 1,115,590
1,000   Minnesota State, General Obligation Bonds, State Trunk Highway Series 2018B, 4.000%, 8/01/31   8/28 at 100.00 AAA 1,201,320
1,000   Minnesota State, General Obligation Bonds, Various Purpose Refunding Series 2013F, 4.000%, 10/01/25   10/23 at 100.00 AAA 1,090,080
2,000   Minnesota State, General Obligation Bonds, Various Purpose Series 2013A, 5.000%, 8/01/25   8/23 at 100.00 AAA 2,226,420
2,000   Minnesota State, General Obligation Bonds, Various Purpose Series 2013D, 3.500%, 10/01/28   10/23 at 100.00 AAA 2,134,260
    Minnesota State, General Obligation Bonds, Various Purpose Series 2018A:        
1,265   5.000%, 8/01/29   8/28 at 100.00 AAA 1,629,143
1,500   5.000%, 8/01/34   8/28 at 100.00 AAA 1,899,300
    Minnetonka Independent School District 276, Hennepin County, Minnesota, General Obligation Bonds, Refunding Series 2013H:        
525   4.000%, 2/01/25   2/23 at 100.00 Aaa 560,012
600   4.000%, 2/01/26   2/23 at 100.00 Aaa 638,442
500   Montgomery Independent School District 2905, Minnesota, General Obligation Bonds, School Building Series 2018A, 4.000%, 2/01/34   2/25 at 100.00 Aa2 543,310
1,475   Moose Lake Independent School District 97, Carlton and Pine Counties, Minnesota, General Obligation Bonds, School Building Series 2015A, 4.000%, 2/01/30   2/25 at 100.00 Aa2 1,622,235
1,000   Mora Independent School District 332, Kanabec County, Minnesota, General Obligation Bonds, School Building Series 2020A, 3.000%, 2/01/29   2/28 at 100.00 AAA 1,113,230
2,050   North Branch Independent School District 138, Chisago County, Minnesota, General Obligation Bonds, School Building Series 2017A, 4.000%, 2/01/30   2/27 at 100.00 AAA 2,365,146
850   North Saint Paul-Maplewood-Oakdale Independent School District 622, Ramsey County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018A, 3.375%, 2/01/35   2/27 at 100.00 Aa2 925,803
1,375   North Saint Paul-Maplewood-Oakdale Independent School District 622, Ramsey County, Minnesota, General Obligation Bonds, School Building Series 2019A, 5.000%, 2/01/31   2/28 at 100.00 Aa2 1,709,001
      13

Nuveen Minnesota Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Northland Independent School District 118, Minnesota, General Obligation Bonds, Series 2016A:        
$560   3.000%, 2/01/27   2/24 at 100.00 Aa2 $591,315
1,185   3.000%, 2/01/29   2/24 at 100.00 Aa2 1,241,607
1,500   Osseo Independent School District 279 Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018B, 4.000%, 2/01/34   2/27 at 100.00 Aa1 1,720,350
620   Otter Tail County, Minnesota, General Obligation Bonds, Disposal System - Prairie Lakes Municipal Authority, Series 2011, 4.750%, 5/01/27 (AMT)   5/21 at 100.00 AAA 623,776
1,035   Perham Dent Independent School District 549, Minnesota, General Obligation Bonds, School Building Series 2016A, 3.000%, 2/01/30   2/24 at 100.00 Aa2 1,077,839
    Pillager Independent School District 116, Cass and Morrison Counties, Minnesota, General Obligation Bonds, Refunding School Building Series 2020A:        
945   4.000%, 2/01/26   No Opt. Call AAA 1,091,078
990   4.000%, 2/01/27   No Opt. Call AAA 1,165,953
1,030   4.000%, 2/01/28   No Opt. Call AAA 1,232,591
1,145   Pipestone-Jasper Independent School District 2689, Minnesota, General Obligation Bonds, Series 2019A, 5.000%, 2/01/28   No Opt. Call AAA 1,457,768
880   Plainview-Elgin-Millville Independent School District 2899, Minnesota, General Obligation Bonds, School Building Series 2019A, 4.000%, 2/01/32   2/28 at 100.00 AAA 1,028,130
    Red Lake Falls Independent School District 630, Minnesota, General Obligation Bonds, School Building Series 2020A:        
385   5.000%, 2/01/26   No Opt. Call Aa2 463,448
400   3.000%, 2/01/27   2/26 at 100.00 Aa2 441,372
410   3.000%, 2/01/28   2/26 at 100.00 Aa2 450,385
425   3.000%, 2/01/29   2/26 at 100.00 Aa2 464,733
1,250   Robbinsdale Independent School District 281, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018A, 3.000%, 2/01/30   8/26 at 100.00 Aa2 1,337,613
1,210   Roseau Independent School District 682, Roseau and Marshall Counties, Minnesota, General Obligation Bonds, School Building Series 2020A, 3.000%, 2/01/29   2/28 at 100.00 Aa2 1,350,408
2,400   Roseville Independent School District 623, Ramsey County, Minnesota, General Obligation Bonds, School Building Series 2018A, 4.000%, 2/01/35   2/27 at 100.00 Aa2 2,718,048
2,500   Roseville Independent School District 623, Ramsey County, Minnesota, General Obligation Bonds, Series 1994, 4.000%, 2/01/37   2/27 at 100.00 Aa2 2,816,375
1,270   Russell-Tyler-Ruthton Public Schools Independent School District 2902, Minnesota, General Obligation Bonds, Series 2019A, 5.000%, 2/01/28   No Opt. Call AAA 1,616,913
1,100   Saint Cloud Independent School District 742, Stearns County, Minnesota, General Obligation Bonds, Series 2015A, 4.000%, 2/01/30   2/25 at 100.00 Aa2 1,212,013
575   Saint Francis Independent School District 15, Minnesota, General Obligation Bonds, School Building Series 2018A, 4.000%, 2/01/34   2/23 at 100.00 Aa2 605,676
600   Saint Louis County Independent School District 2142, Minnesota, General Obligation Bonds, Refunding School Building Series 2014A, 3.500%, 2/01/23   2/22 at 100.00 AAA 616,110
3,950   Saint Louis Park Independent School District 283, Hennepin County, Minnesota, General Obligation Bonds, School Building Series 2018A, 5.000%, 2/01/30   2/27 at 100.00 Aa2 4,819,158
14      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$1,225   Saint Michael Independent School District 885, Wright County, Minnesota, General Obligation Bonds, School Building Series 2017A, 3.200%, 2/01/32   2/26 at 100.00 Aa2 $1,321,248
400   Sauk Rapids Independent School District 047, Benton County, Minnesota, General Obligation Bonds, School Building Series 2020A, 4.000%, 2/01/29   2/28 at 100.00 AAA 476,632
    Shakopee Independent School District 720, Scott County, Minnesota, General Obligation Bonds, Capital Facilities Series 2020A:        
200   4.000%, 2/01/28   2/27 at 100.00 Aa2 233,196
225   4.000%, 2/01/30   2/27 at 100.00 Aa2 258,896
1,240   South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Alternate Facilities Series 2014A, 3.500%, 2/01/27   2/24 at 100.00 Aa2 1,330,421
    South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018A:        
300   5.000%, 2/01/28   2/27 at 100.00 Aa2 370,803
1,330   4.000%, 2/01/31   2/27 at 100.00 Aa2 1,536,788
2,000   South Washington County Independent School District 833, Minnesota, General Obligation Bonds, School Building Series 2016A, 4.000%, 2/01/29   2/26 at 100.00 Aa2 2,285,620
915   Southland Independent School District 500, Minnesota, General Obligation Bonds, School Building Series 2019A, 4.000%, 2/01/31   2/27 at 100.00 AAA 1,051,628
1,475   Spring Lake Independent School District 16, Anoka County, Minnesota, General Obligation Bonds, Refunding Series 2015A, 3.000%, 2/01/26   2/25 at 100.00 Aa2 1,597,602
2,000   Stillwater Independent School District 834, Washington County, Minnesota, General Obligation Bonds, School Building Series 2015A, 4.000%, 2/01/28   2/24 at 100.00 Aa2 2,172,240
2,000   Tracy, Lyon County, Minnesota, General Obligation Bonds, Temporary Series 2019A, 1.750%, 5/01/22   3/21 at 100.00 AAA 2,001,720
    Virginia, Minnesota, General Obligation Bonds, Sales Tax Series 2020A:        
410   5.000%, 2/01/27  –  AGM Insured   No Opt. Call AA 504,038
870   5.000%, 2/01/28  –  AGM Insured   No Opt. Call AA 1,091,746
510   4.000%, 2/01/29  –  AGM Insured   2/28 at 100.00 AA 599,174
360   4.000%, 2/01/30  –  AGM Insured   2/28 at 100.00 AA 419,112
2,415   Watertown-Mayer Independent School District 111, Carver, Hennepin and Wright Counties, Minnesota, General Obligation Bonds, School Building Series 2020A, 0.000%, 2/01/31   2/28 at 94.63 AAA 2,019,785
2,000   White Bear Lake Independent School District 624, Ramsey County, Minnesota, General Obligation Bonds, School Building Series 2020A, 4.000%, 2/01/29   2/28 at 100.00 AAA 2,390,520
1,025   Windom Independent School District, Cottonwood and Jackson Counties, Minnesota, General Obligation Bonds, Refunding School Building Series 2015A, 3.000%, 2/01/23   No Opt. Call AAA 1,077,777
1,250   Worthington Independent School District 518, Nobles County, Minnesota, General Obligation Bonds, School Building Series 2020A, 4.000%, 2/01/27   2/26 at 100.00 AAA 1,447,175
590   Worthington, Minnesota, General Obligation Bonds, Series 2019A, 3.000%, 2/01/27   No Opt. Call AA- 661,691
133,955   Total Tax Obligation/General       153,164,172
    Tax Obligation/Limited – 7.1%        
695   Duluth Independent School District 709, Minnesota, Certificates of Participation, Refunding Full Term Series 2019B, 5.000%, 2/01/28   No Opt. Call Aa2 860,674
      15

Nuveen Minnesota Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
$780   Government of Guam, Business Privilege Tax Bonds, Series 2011A, 5.000%, 1/01/31   1/22 at 100.00 BB $800,093
1,475   Minneapolis Special School District 1, Hennepin County, Minnesota, Certificates of Participation, Full Term Series 2015D, 3.000%, 2/01/29   2/24 at 100.00 AAA 1,545,888
1,000   Minneapolis Special School District 1, Hennepin County, Minnesota, Certificates of Participation, Full Term Series 2017C, 4.000%, 2/01/30   2/28 at 100.00 AAA 1,188,050
    Minneapolis, Minnesota, Tax Increment Revenue Bonds, Grant Park Project, Refunding Series 2015:        
215   3.050%, 3/01/21   No Opt. Call N/R 215,000
495   3.650%, 3/01/24   3/23 at 100.00 N/R 506,994
200   3.800%, 3/01/25   3/23 at 100.00 N/R 205,166
200   4.000%, 3/01/27   3/23 at 100.00 N/R 205,298
    Minneapolis, Minnesota, Tax Increment Revenue Bonds, Ivy Tower Project, Series 2015:        
1,115   4.000%, 3/01/25   3/24 at 100.00 N/R 1,148,784
500   5.000%, 3/01/29   3/24 at 100.00 N/R 521,210
340   Minneapolis, Minnesota, Tax Increment Revenue Bonds, Village at St Anthony Falls Project, Refunding Series 2015, 4.000%, 3/01/24   3/23 at 100.00 N/R 349,207
1,170   Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2015C, 4.000%, 8/01/27   8/24 at 100.00 AA+ 1,288,568
960   Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2018D, 4.000%, 8/01/34   8/28 at 100.00 AA+ 1,119,600
770   Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2019A, 4.000%, 8/01/32   8/29 at 100.00 AA+ 920,627
485   Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2019C, 4.000%, 8/01/31   8/29 at 100.00 AA+ 583,974
1,055   Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2020A, 4.000%, 8/01/31   8/30 at 100.00 AA+ 1,298,388
1,810   Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2020D, 4.000%, 8/01/31   8/30 at 100.00 AA+ 2,227,567
1,185   Minnesota Housing Finance Agency, Nonprofit Housing Bonds, State Appropriation Series 2011, 5.250%, 8/01/27   8/21 at 100.00 AA+ 1,209,447
    Northeast Metropolitan Intermediate School District 916, White Bear Lake, Minnesota, Certificates of Participation, Series 2015B:        
605   3.125%, 2/01/29   2/25 at 100.00 A2 636,254
350   3.250%, 2/01/30   2/25 at 100.00 A2 367,987
    Plymouth Intermediate District 287, Minnesota, Facilities Maintenance Bonds, Series 2017B:        
235   4.000%, 5/01/26   No Opt. Call A1 271,474
175   4.000%, 5/01/27   No Opt. Call A1 205,279
1,155   Roseville Independent School District 623, Ramsey County, Minnesota, Certificates of Participation, Series 2021A, 5.000%, 4/01/29 (WI/DD, Settling 3/09/21)   No Opt. Call Baa2 1,492,283
630   Saint Cloud Independent School District 742, Stearns County, Minnesota, Certificates of Participation, Saint Cloud Area Public Schools, Series 2017A, 5.000%, 2/01/30   2/25 at 100.00 A1 726,107
16      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
$1,685   Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2018B, 3.250%, 2/01/33   2/27 at 100.00 AAA $1,836,785
1,020   Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2019B, 4.000%, 2/01/32   2/29 at 100.00 AAA 1,215,157
1,000   Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2020C, 3.000%, 2/01/36   2/28 at 100.00 AAA 1,078,480
735   Saint Paul, Minnesota, Sales Tax Revenue Bonds, Series 2014G, 5.000%, 11/01/29   11/24 at 100.00 A+ 845,030
1,895   University of Minnesota, Special Purpose Revenue Bonds, State Supported Biomedical Science Research Facilities Funding Program, Series 2011B, 5.000%, 8/01/23   8/21 at 100.00 AA+ 1,932,294
3,500   Virginia Housing and Redevelopment Authority, Minnesota, Health Care Facility Lease Revenue Bonds, Refunding Series 2018A, 4.000%, 10/01/29   10/25 at 100.00 N/R 3,510,325
    White Bear Lake Independent School District 624, Ramsey County, Minnesota, Certificates of Participation, Series 2020B:        
790   5.000%, 4/01/25   No Opt. Call A+ 923,873
830   5.000%, 4/01/26   No Opt. Call A+ 998,365
29,055   Total Tax Obligation/Limited       32,234,228
    Transportation – 6.1%        
    Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Senior Lien Series 2016A:        
320   5.000%, 1/01/26   No Opt. Call AA- 385,270
105   4.000%, 1/01/26   No Opt. Call AA- 121,167
2,330   Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2011A, 5.000%, 1/01/25   3/21 at 100.00 A+ 2,338,574
    Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2012B:        
685   5.000%, 1/01/26   1/22 at 100.00 A+ 711,681
2,550   5.000%, 1/01/29   1/22 at 100.00 A+ 2,645,625
2,750   5.000%, 1/01/30   1/22 at 100.00 A+ 2,852,190
    Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2014A:        
335   5.000%, 1/01/29   1/24 at 100.00 A+ 375,535
2,000   5.000%, 1/01/30   1/24 at 100.00 A+ 2,237,220
1,965   Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019A, 5.000%, 1/01/30   7/29 at 100.00 A+ 2,501,524
    Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B:        
3,000   5.000%, 1/01/27 (AMT)   No Opt. Call A+ 3,636,990
2,540   5.000%, 1/01/31 (AMT)   7/29 at 100.00 A+ 3,155,569
895   5.000%, 1/01/33 (AMT)   7/29 at 100.00 A+ 1,100,832
550   5.000%, 1/01/34 (AMT)   7/29 at 100.00 A+ 673,756
590   Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019C, 5.000%, 1/01/27   No Opt. Call A+ 723,098
      17

Nuveen Minnesota Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Transportation (continued)        
    Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C:        
$1,050   5.000%, 1/01/34   1/27 at 100.00 AA- $1,248,733
2,310   5.000%, 1/01/35   1/27 at 100.00 AA- 2,741,762
180   5.000%, 1/01/36   1/27 at 100.00 AA- 213,122
24,155   Total Transportation       27,662,648
    U.S. Guaranteed – 4.4% (5)        
    Jordan Independent School District 717, Scott County, Minnesota, General Obligation Bonds, School Building Series 2014A:        
1,000   4.000%, 2/01/26 (Pre-refunded 2/01/23)   2/23 at 100.00 Aa2 1,068,170
1,275   4.000%, 2/01/27 (Pre-refunded 2/01/23)   2/23 at 100.00 Aa2 1,361,917
625   Minnesota Higher Education Facilities Authority, Revenue Bonds, Hamline University, Series 2011-7K1, 6.000%, 10/01/32 (Pre-refunded 10/01/21)   10/21 at 100.00 Baa3 645,869
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Catherine University, Refunding Series 2012-7Q:        
740   5.000%, 10/01/23 (Pre-refunded 10/01/22)   10/22 at 100.00 Baa1 796,144
490   5.000%, 10/01/24 (Pre-refunded 10/01/22)   10/22 at 100.00 Baa1 527,176
570   Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2013B, 5.000%, 12/01/33 (Pre-refunded 12/01/23)   12/23 at 100.00 Aa3 643,239
    Rochester, Minnesota, Health Care Facilities Revenue Bonds, Olmsted Medical Center Project, Series 2013:        
940   3.000%, 7/01/25 (Pre-refunded 7/01/23)   7/23 at 100.00 A 996,409
515   3.250%, 7/01/26 (Pre-refunded 7/01/23)   7/23 at 100.00 A 548,887
    St Paul Housing and Redevelopment Authority, Minnesota, Hospital Revenue Bonds, HealthEast Inc, Series 2015A:        
1,000   5.000%, 11/15/29 (Pre-refunded 11/15/25)   11/25 at 100.00 N/R 1,201,660
2,285   5.000%, 11/15/30 (Pre-refunded 11/15/25)   11/25 at 100.00 N/R 2,745,793
    Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Series 2014A:        
2,850   5.000%, 1/01/29 (Pre-refunded 1/01/24)   1/24 at 100.00 Aa3 3,224,661
2,750   5.000%, 1/01/30 (Pre-refunded 1/01/24)   1/24 at 100.00 Aa3 3,111,515
1,000   5.000%, 1/01/31 (Pre-refunded 1/01/24)   1/24 at 100.00 Aa3 1,131,460
1,150   5.000%, 1/01/32 (Pre-refunded 1/01/24)   1/24 at 100.00 Aa3 1,301,179
500   Worthington Independent School District 518, Nobles County, Minnesota, Certificates of Participation, Series 2017A, 4.000%, 2/01/30 (Pre-refunded 2/01/26)   2/26 at 100.00 A+ 579,300
17,690   Total U.S. Guaranteed       19,883,379
    Utilities – 4.6%        
    Brainerd, Minnesota, Electric Utility Revenue Bonds, Series 2014A:        
475   4.000%, 12/01/28   12/24 at 100.00 AA 527,027
495   4.000%, 12/01/29   12/24 at 100.00 AA 545,629
1,140   Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/25  –  AGM Insured   10/22 at 100.00 AA 1,217,406
18      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
    Hutchinson, Minnesota, Public Utility Revenue Bonds, Refunding Series 2012A:        
$580   5.000%, 12/01/25   12/22 at 100.00 A1 $625,286
670   5.000%, 12/01/26   12/22 at 100.00 A1 722,193
    Luverne, Minnesota, Electric Revenue Bonds, Series 2018A:        
225   4.000%, 12/01/27   No Opt. Call AA 265,860
100   4.000%, 12/01/33   12/28 at 100.00 AA 116,445
    Minnesota Municipal Power Agency, Electric Revenue Bonds, Refunding Series 2014:        
500   5.000%, 10/01/29   10/24 at 100.00 A1 573,000
500   5.000%, 10/01/30   10/24 at 100.00 A1 572,430
1,000   Minnesota Municipal Power Agency, Electric Revenue Bonds, Refunding Series 2014A, 3.500%, 10/01/28   10/24 at 100.00 A1 1,063,560
1,430   Northern Municipal Power Agency, Minnesota, Electric System Revenue Bonds, Series 2013A, 5.000%, 1/01/30   1/23 at 100.00 A- 1,539,967
750   Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2015E, 3.000%, 12/01/29   12/25 at 100.00 AA 805,995
1,000   Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2017A, 5.000%, 12/01/33   12/26 at 100.00 AA 1,216,220
1,070   Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2017-4, 4.000%, 10/01/40 (AMT)   10/27 at 100.00 A- 1,165,112
    Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2021-1 501 C3:        
100   3.000%, 10/01/22 (WI/DD, Settling 3/09/21)   No Opt. Call A- 104,058
200   3.000%, 10/01/25 (WI/DD, Settling 3/09/21)   No Opt. Call A- 218,696
100   3.000%, 10/01/27 (WI/DD, Settling 3/09/21)   No Opt. Call A- 111,140
500   4.000%, 10/01/28 (WI/DD, Settling 3/09/21)   10/27 at 100.00 A- 581,085
2,500   Southern Minnesota Municipal Power Agency Power Supply System Revenue Bonds, Series 2015A, 4.000%, 1/01/30   1/26 at 100.00 AA- 2,771,575
1,000   Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 1994A, 0.000%, 1/01/26  –  NPFG Insured   No Opt. Call A+ 945,280
    Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Refunding Series 2012A:        
1,000   3.000%, 1/01/28   1/23 at 100.00 Aa3 1,032,070
1,250   5.000%, 1/01/29   1/23 at 100.00 Aa3 1,351,375
    Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Refunding Series 2015A:        
1,335   5.000%, 1/01/31   1/26 at 100.00 Aa3 1,582,135
1,000   5.000%, 1/01/33   1/26 at 100.00 Aa3 1,183,050
18,920   Total Utilities       20,836,594
$388,600   Total Long-Term Investments (cost $414,728,815)       434,235,092
    
      19

Nuveen Minnesota Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call
Provisions (2)
Ratings (3) Value
    SHORT-TERM INVESTMENTS – 3.3%        
    MUNICIPAL BONDS – 3.3%        
    Health Care – 2.3%        
$6,475   Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Variable Rate Demand Obligations, Series 2018A, 0.010%, 11/15/48 (6)   4/21 at 100.00 A-1 $6,475,000
250   Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Variable Rate Demand Obligations, Series 2018B, 0.040%, 11/15/48 (6)   4/21 at 100.00 A-1 250,000
1,505   Rochester, Minnesota, Health Care Facilities Revenue Bonds, Variable Rate Demand Obligations, Mayo Clinic Series 2008A, 0.010%, 11/15/38 (6)   4/21 at 100.00 A-1+ 1,505,000
1,500   Rochester, Minnesota, Health Care Facilities Revenue Bonds, Variable Rate Demand Obligations, Mayo Clinic Series 2008B, 0.010%, 11/15/38 (6)   4/21 at 100.00 A-1+ 1,500,000
800   Rochester, Minnesota, Health Care Facilities Revenue Bonds, Variable Rate Demand Obligations, Mayo Clinic Series 2011, 0.010%, 11/15/38 (6)   4/21 at 100.00 A-1+ 800,000
10,530   Total Health Care       10,530,000
    Tax Obligation/General – 1.0%        
4,500   Hennepin County, Minnesota, General Obligation Bonds, Variable Rate Demand Obligations, Series 2018B, 0.030%, 12/01/38 (6)   4/21 at 100.00 A-1+ 4,500,000
$15,030   Total Short-Term Investments (cost $15,030,000)       15,030,000
    Total Investments (cost $429,758,815) – 99.3%       449,265,092
    Other Assets Less Liabilities – 0.7%       3,355,007
    Net Assets – 100%       $452,620,099
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
20      

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Municipal Bonds $ — $434,235,092 $ — $434,235,092
Short-Term Investments:        
Municipal Bonds  — 15,030,000  — 15,030,000
Total $ — $449,265,092 $ — $449,265,092
    
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
(4) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
(6) Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the reporting period. This rate changes periodically based on market conditions or a specified market index.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
AMT Alternative Minimum Tax  
WI/DD Purchased on a when-issued or delayed delivery basis.  
      21

Nuveen Minnesota Municipal Bond Fund
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 92.4%        
    MUNICIPAL BONDS – 92.4%        
    Education and Civic Organizations – 13.5%        
$65   Baytown Township, Minnesota Charter School Lease Revenue Bonds, Saint Croix Preparatory Academy, Refunding Series 2016A, 4.250%, 8/01/46   8/26 at 100.00 BB+ $68,102
770   Chaska, Minnesota, Lease Revenue Bonds, World Learner School Project, Series, 8.000%, 12/01/43   12/21 at 100.00 N/R 801,285
    City of Ham Lake, Minnesota, Charter School Lease Revenue Bonds, DaVinci Academy Project, Series 2016A:        
100   5.000%, 7/01/36   7/24 at 102.00 N/R 108,434
2,000   5.000%, 7/01/47   7/24 at 102.00 N/R 2,144,160
    Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2015A:        
675   5.250%, 7/01/37   7/25 at 100.00 BB+ 745,166
500   5.500%, 7/01/50   7/25 at 100.00 BB+ 549,745
1,000   Forest Lake, Minnesota, Charter School Lease Revenue Bonds, Lakes International Language Academy, Series 2014A, 5.750%, 8/01/44   8/22 at 102.00 BB+ 1,058,810
1,000   Forest Lake, Minnesota, Charter School Lease Revenue Bonds, Lakes International Language Academy, Series 2019A, 5.375%, 8/01/50   8/27 at 102.00 BB+ 1,127,800
100   Greenwood, Minnesota, Charter School Lease Revenue Bonds, Main Street School of Performing Arts Project, Series 2016A, 5.000%, 7/01/36   7/26 at 100.00 N/R 105,145
5,350   Ham Lake, Minnesota Charter School Lease Revenue Bonds, Parnassus Preparatory School Project, Series 2016A, 5.000%, 11/01/47   11/26 at 100.00 BB 5,813,256
    Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble Academy Project, Series 2014A:        
600   5.000%, 7/01/29   7/24 at 100.00 BB 640,686
1,000   5.000%, 7/01/34   7/24 at 100.00 BB 1,056,720
525   5.000%, 7/01/44   7/24 at 100.00 BB 547,848
4,150   Independence, Minnesota, Charter School Lease Revenue Bonds, Beacon Academy Project, Series 2016A, 5.000%, 7/01/46   7/26 at 100.00 N/R 4,261,926
300   Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Hiawatha Academies Project, Series 2016A, 5.000%, 7/01/47   7/24 at 102.00 N/R 316,053
    Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Northeast College Prep Project, Series 2020A:        
410   5.000%, 7/01/40   7/30 at 100.00 N/R 441,312
100   5.000%, 7/01/55   7/30 at 100.00 N/R 105,564
22      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
    Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Yinghua Academy Project, Series 2013A:        
$500   6.000%, 7/01/33   7/23 at 100.00 BB+ $538,890
3,715   6.000%, 7/01/43   7/23 at 100.00 BB+ 3,960,413
1,260   6.125%, 7/01/48   7/23 at 100.00 BB+ 1,345,289
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Augsburg College, Series 2014-8-C:        
440   3.350%, 5/01/22   5/21 at 100.00 Ba1 438,891
420   3.500%, 5/01/23   5/21 at 100.00 Ba1 418,685
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Bethel University, Refunding Series 2017:        
2,345   5.000%, 5/01/37   5/27 at 100.00 BB+ 2,547,960
4,700   5.000%, 5/01/47   5/27 at 100.00 BB+ 5,014,947
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Refunding Series 2017:        
1,000   4.000%, 3/01/37   3/27 at 100.00 Aa2 1,124,980
1,000   4.000%, 3/01/39   3/27 at 100.00 Aa2 1,120,150
500   Minnesota Higher Education Facilities Authority, Revenue Bonds, College of Saint Scholastica, Inc, Refunding Series 2019, 4.000%, 12/01/40   12/29 at 100.00 Baa2 542,540
1,000   Minnesota Higher Education Facilities Authority, Revenue Bonds, Macalester College, Series 201528J, 3.250%, 3/01/30   3/25 at 100.00 Aa3 1,065,990
675   Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Catherine University, Refunding Series 2018A, 5.000%, 10/01/45   10/28 at 100.00 Baa1 783,459
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint John's University, Series 2015-8I:        
350   5.000%, 10/01/33   10/25 at 100.00 A2 404,303
385   5.000%, 10/01/34   10/25 at 100.00 A2 443,920
500   Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Olaf College, Series 2016-8-N, 4.000%, 10/01/35   10/26 at 100.00 A1 561,780
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Olaf College, Series 2021:        
1,150   4.000%, 10/01/46 (WI/DD, Settling 3/18/21)   10/30 at 100.00 A1 1,334,391
2,100   4.000%, 10/01/50 (WI/DD, Settling 3/18/21)   10/30 at 100.00 A1 2,430,309
1,000   Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2016-8L, 5.000%, 4/01/27   4/26 at 100.00 A2 1,197,200
100   Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2017A, 4.000%, 10/01/36   10/27 at 100.00 A2 113,317
    Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2019:        
1,000   5.000%, 10/01/34   10/29 at 100.00 A2 1,246,370
2,000   5.000%, 10/01/40   10/29 at 100.00 A2 2,448,800
      23

Nuveen Minnesota Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
$1,000   Minnesota Office of Higher Education, Supplemental Student Loan Program Revenue Bonds, 2020 Senior Series, 2.650%, 11/01/38 (AMT)   11/27 at 100.00 AA $983,380
1,950   Moorhead, Minnesota, Educational Facilities Revenue Bonds, The Concordia College Corporation Project, Series 2016, 5.000%, 12/01/40   12/25 at 100.00 Baa1 2,158,436
1,130   Otsego, Minnesota, Charter School Lease Revenue Bonds, Kaleidoscope Charter School Project, Series 2014A, 5.000%, 9/01/44   9/24 at 100.00 BB- 1,159,855
700   Ramsey, Anoka County, Minnesota, Lease Revenue Bonds, PACT Charter School Project, Series 2004A, 5.500%, 12/01/33   12/21 at 100.00 BBB- 715,932
560   Rice County, Minnesota Educational Facility Revenue Bonds, Shattuck, Saint Mary's School Project, Series 2015, 5.000%, 8/01/22, 144A   No Opt. Call BB 574,325
130   Saint Cloud, Minnesota, Charter School Lease Revenue Bonds, Stride Academy Project, Series 2016A, 5.000%, 4/01/46 (4)   4/26 at 100.00 N/R 91,000
1,600   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Community of Peace Academy Project, Series 2019, 4.000%, 12/01/49   12/29 at 100.00 BBB- 1,667,216
685   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Great River School Project, Series 2017A, 5.500%, 7/01/52, 144A   7/27 at 100.00 N/R 757,240
    Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Hmong College Prep Academy Project, Refunding Series 2020A:        
1,500   5.000%, 9/01/40   9/30 at 100.00 BB+ 1,770,780
1,000   5.000%, 9/01/43   9/30 at 100.00 BB+ 1,170,530
3,300   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Hope Community Academy Project, Series 2020A, 5.000%, 12/01/45   12/28 at 102.00 BB 3,471,402
    Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Metro Deaf School Project, Series 2018A:        
1,000   5.000%, 6/15/48, 144A   6/25 at 100.00 N/R 1,056,070
1,615   5.000%, 6/15/53, 144A   6/25 at 100.00 N/R 1,698,738
2,000   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Nova Classical Academy, Series 2016A, 4.125%, 9/01/47   9/24 at 102.00 BB+ 2,072,980
    Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities Academy Project, Series 2015A:        
625   5.300%, 7/01/45   7/25 at 100.00 BB 670,594
1,030   5.375%, 7/01/50   7/25 at 100.00 BB 1,106,076
    Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities German Immersion School Project, Series 2019:        
675   5.000%, 7/01/49   7/27 at 102.00 BB 747,333
880   5.000%, 7/01/55   7/27 at 102.00 BB 968,986
    Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities German Immersion School, Series 2013A:        
500   5.000%, 7/01/33   7/23 at 100.00 BB 525,210
1,450   5.000%, 7/01/44   7/23 at 100.00 BB 1,508,435
1,435   Saint Paul Housing and Redevelopment Authority, Minnesota, Charter School Revenue Bonds, Higher Ground Academy Charter School, Series 2013A, 5.000%, 12/01/33   12/22 at 100.00 BBB- 1,501,110
24      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
    Savage, Minnesota Charter School Lease Revenue Bonds, Aspen Academy Project, Series 2016A:        
$2,010   5.000%, 10/01/41   10/26 at 100.00 N/R $2,096,289
380   5.125%, 10/01/48   10/26 at 100.00 N/R 395,778
1,500   Spring Lake Park, Minnesota, Charter School Lease Revenue Bonds, Excell Academy for Higher Learning Inc, Series 2019A, 5.000%, 6/15/49   6/27 at 100.00 N/R 1,615,605
500   St Paul Housing and Redevelopment Authority, Minnesota, Charter School Revenue Bonds, Higher Ground Academy Charter School, Series 2018, 5.125%, 12/01/49   12/26 at 102.00 BBB- 561,305
    University of Minnesota, General Obligation Bonds, Series 2014B:        
255   5.000%, 1/01/24   No Opt. Call Aa1 288,703
2,235   4.000%, 1/01/33   1/24 at 100.00 Aa1 2,396,322
2,000   4.000%, 1/01/34   1/24 at 100.00 Aa1 2,141,020
    University of Minnesota, General Obligation Bonds, Series 2019A:        
1,250   5.000%, 4/01/39   4/29 at 100.00 Aa1 1,565,013
2,110   5.000%, 4/01/40   4/29 at 100.00 Aa1 2,636,255
4,230   University of Minnesota, General Obligation Bonds, Series 2020A, 5.000%, 11/01/42   11/30 at 100.00 Aa1 5,420,533
20   Winona Port Authority, Minnesota, Charter School Lease Revenue Bonds, Bluffview Montessori School Project, Refunding Series 2016, 4.750%, 6/01/46   6/24 at 100.00 N/R 20,196
    Woodbury, Minnesota, Charter School Lease Revenue Bonds, Math and Science Academy Building Company, Refunding Series 2020A:        
390   4.000%, 12/01/40   12/25 at 102.50 BBB- 411,446
450   4.000%, 12/01/50   12/25 at 102.50 BBB- 470,372
86,880   Total Education and Civic Organizations       95,369,061
    Health Care – 14.6%        
    Chippewa County, Minnesota, Gross Revenue Hospital Bonds, Montevideo Hospital Project, Refunding Series 2016:        
500   4.000%, 3/01/32   3/26 at 100.00 N/R 516,710
2,000   4.000%, 3/01/37   3/26 at 100.00 N/R 2,043,380
    City of Plato, Minnesota, Health Care Facilities Revenue Bonds, Glencoe Regional Health Services Project, Series 2017:        
550   3.000%, 4/01/26   No Opt. Call BBB 592,394
485   5.000%, 4/01/41   4/27 at 100.00 BBB 544,965
      25

Nuveen Minnesota Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A:        
$500   5.000%, 2/15/37   2/28 at 100.00 A- $597,235
965   4.250%, 2/15/43   2/28 at 100.00 A- 1,077,316
2,000   5.000%, 2/15/43   2/28 at 100.00 A- 2,361,900
1,080   4.250%, 2/15/48   2/28 at 100.00 A- 1,197,472
6,675   5.000%, 2/15/48   2/28 at 100.00 A- 7,829,775
9,000   5.000%, 2/15/53   2/28 at 100.00 A- 10,498,230
3,000   5.250%, 2/15/53   2/28 at 100.00 A- 3,557,760
2,850   5.000%, 2/15/58   2/28 at 100.00 A- 3,318,426
    Glencoe, Minnesota, Health Care Facilities Revenue Bonds, Glencoe Regional Health Services Project, Series 2013:        
375   4.000%, 4/01/22   No Opt. Call BBB 387,716
500   4.000%, 4/01/27   4/22 at 100.00 BBB 514,060
760   4.000%, 4/01/31   4/22 at 100.00 BBB 774,478
1,000   Maple Grove, Minnesota, Health Care Facilities Revenue Refunding Bonds, North Memorial Health Care, Series 2015, 4.000%, 9/01/35   9/25 at 100.00 Baa1 1,064,420
    Maple Grove, Minnesota, Health Care Facility Revenue Bonds, North Memorial Health Care, Series 2017:        
425   5.000%, 5/01/31   5/27 at 100.00 Baa1 500,183
430   5.000%, 5/01/32   5/27 at 100.00 Baa1 502,825
    Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2015A:        
525   5.000%, 11/15/26   11/25 at 100.00 A+ 621,464
485   4.000%, 11/15/40   11/25 at 100.00 A+ 522,437
2,000   5.000%, 11/15/44   11/25 at 100.00 A+ 2,256,940
    Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2018A:        
500   5.000%, 11/15/33   11/28 at 100.00 A+ 614,560
1,000   5.000%, 11/15/36   11/28 at 100.00 A+ 1,218,080
135   4.000%, 11/15/37   11/28 at 100.00 A+ 152,319
3,965   4.000%, 11/15/48   11/28 at 100.00 A+ 4,378,113
7,000   5.000%, 11/15/49   11/28 at 100.00 A+ 8,289,750
1,000   Minneapolis-Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care System Revenue Bonds, Allina Health System, Refunding Series 2017A, 5.000%, 11/15/29   5/27 at 100.00 AA- 1,222,820
    Minneapolis-Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care System Revenue Bonds, Allina Health System, Refunding Series 2019:        
2,000   5.000%, 11/15/27   No Opt. Call AA- 2,524,040
1,415   5.000%, 11/15/28   No Opt. Call AA- 1,821,643
750   5.000%, 11/15/29   No Opt. Call AA- 981,615
26      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
$2,400   Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Refunding Series 2016B, 5.000%, 11/15/33   No Opt. Call AA $3,398,544
60   Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System Project, Series 2010A, 5.125%, 5/01/30   3/21 at 100.00 AA- 60,165
    Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2016A:        
165   5.000%, 5/01/21   No Opt. Call AA- 166,247
675   5.000%, 5/01/46   5/26 at 100.00 AA- 778,680
    Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2019:        
2,070   5.000%, 5/01/48   5/29 at 100.00 AA- 2,498,097
1,575   4.000%, 5/01/49   5/29 at 100.00 AA- 1,734,925
    Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A:        
8,230   5.000%, 7/01/30   7/25 at 100.00 A 9,532,974
4,765   4.000%, 7/01/35   7/25 at 100.00 A 5,144,151
    Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A:        
1,460   5.000%, 11/15/26   No Opt. Call A+ 1,779,185
2,135   5.000%, 11/15/27   No Opt. Call A+ 2,655,193
755   4.000%, 11/15/36   11/27 at 100.00 A+ 842,331
640   4.000%, 11/15/37   11/27 at 100.00 A+ 712,205
3,635   4.000%, 11/15/43   11/27 at 100.00 A+ 3,991,884
1,375   Saint Paul Port Authority, Minnesota, Lease Revenue Bonds, Regions Hospital Parking Ramp Project, Series 2007-1, 5.000%, 8/01/36   3/21 at 100.00 N/R 1,376,265
    Shakopee, Minnesota, Health Care Facilities Revenue Bonds, Saint Francis Regional Medical Center, Refunding Series 2014:        
1,980   4.000%, 9/01/31   9/24 at 100.00 A 2,096,978
1,410   5.000%, 9/01/34   9/24 at 100.00 A 1,532,529
    Winona, Minnesota, Health Care Facilities Revenue Bonds, Winona Health Obligated Group, Refunding Series 2012:        
500   3.750%, 7/01/21   No Opt. Call BBB 504,405
350   4.000%, 7/01/22   7/21 at 100.00 BBB 353,346
1,270   4.500%, 7/01/24   7/21 at 100.00 BBB 1,283,335
89,320   Total Health Care       102,924,465
    Housing/Multifamily – 0.3%        
2,500   Rochester, Minnesota, Multifamily Housing Revenue Bonds, Essex Place Apartments Project, Series 2012A, 3.750%, 6/01/29   6/22 at 100.00 Aaa 2,564,325
    Housing/Single Family – 0.7%        
20   Minneapolis-Saint Paul Housing Finance Board, Minnesota, Single Family Mortgage Revenue Bonds, City Living Home Program, Market Series 2011B, 4.100%, 12/01/29   6/21 at 100.00 AA+ 20,104
      27

Nuveen Minnesota Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Housing/Single Family (continued)        
$6   Minneapolis-Saint Paul Housing Finance Board, Minnesota, Single Family Mortgage Revenue Bonds, City Living Series 2006A-4, 5.000%, 11/01/38 (AMT)   3/21 at 100.00 AA+ $5,580
70   Minneapolis-Saint Paul Housing Finance Board, Minnesota, Single Family Mortgage Revenue Bonds, City Living Series 2007A-2, 5.520%, 3/01/41 (AMT)   3/21 at 100.25 AA+ 70,296
50   Minnesota Housing Finance Agency, Homeownership Finance Bonds, Mortgage-Backed Securities Program, Series 2011B, 4.000%, 7/01/21   No Opt. Call Aaa 50,500
    Minnesota Housing Finance Agency, Homeownership Finance Bonds, Mortgage-Backed Securities Program, Series 2011D:        
20   4.375%, 7/01/26   7/21 at 100.00 Aaa 20,191
250   4.700%, 1/01/31   7/21 at 100.00 Aaa 252,380
10   Minnesota Housing Finance Agency, Homeownership Finance Bonds, Mortgage-Backed Securities Program, Series 2011E, 4.000%, 7/01/26   7/21 at 100.00 Aaa 10,101
245   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2015F, 3.300%, 7/01/29   7/25 at 100.00 AA+ 264,289
665   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2016A, 3.200%, 1/01/33 (AMT)   7/25 at 100.00 AA+ 704,175
305   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2017A, 3.200%, 7/01/30 (AMT)   1/27 at 100.00 AA+ 310,609
230   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2017D, 3.300%, 1/01/30 (AMT)   1/27 at 100.00 AA+ 245,709
80   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2018A, 3.625%, 7/01/32 (AMT)   7/27 at 100.00 AA+ 83,219
200   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2019B, 3.300%, 7/01/33   7/28 at 100.00 AA+ 213,364
    Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020A:        
660   1.550%, 7/01/25 (AMT)   No Opt. Call AA+ 672,573
510   1.700%, 7/01/26 (AMT)   No Opt. Call AA+ 522,174
    Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020D:        
280   1.625%, 1/01/26 (AMT)   No Opt. Call AA+ 281,775
235   1.650%, 7/01/26 (AMT)   No Opt. Call AA+ 235,766
    Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020H:        
500   1.100%, 7/01/26 (AMT)   No Opt. Call AA+ 495,995
500   1.350%, 7/01/27 (AMT)   No Opt. Call AA+ 495,095
4,836   Total Housing/Single Family       4,953,895
    Industrials – 0.3%        
2,150   Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7, 4.500%, 10/01/37 (AMT), 144A   10/22 at 100.00 BBB- 2,199,687
    Long-Term Care – 8.0%        
1,790   Anoka, Minnesota, Health Care and Housing Facility Revenue Bonds, The Homestead at Anoka, Inc Project, Series 2014, 5.125%, 11/01/49   11/24 at 100.00 N/R 1,874,040
28      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Long-Term Care (continued)        
    Apple Valley, Minnesota, Senior Housing Revenue Bonds, PHS Apple Valley Senior Housing, Inc, Orchard Path Project, Refunding Series 2018:        
$1,000   5.000%, 9/01/43   9/23 at 102.00 N/R $1,042,460
260   4.375%, 9/01/48   9/23 at 102.00 N/R 263,549
    Center City, Minnesota, Health Care Facilities Revenue Bonds, Hazelden Betty Ford Foundation Project, Series 2014:        
375   4.000%, 11/01/39   11/24 at 100.00 Baa1 398,531
500   5.000%, 11/01/44   11/24 at 100.00 Baa1 546,010
    Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019:        
500   5.000%, 9/01/44   9/26 at 102.00 N/R 493,200
1,500   5.000%, 9/01/52   9/26 at 102.00 N/R 1,442,535
1,500   Chisago City, Minnesota, Housing and Health Care Revenue Bonds, CDL Homes, LLC Project, Series 2013B, 6.000%, 8/01/43   8/23 at 100.00 N/R 1,573,965
1,500   City of West Saint Paul, Minnesota Housing and Health Care Facilities Revenue Refunding Bonds, Walker Westwood Ridge Campus Project, Series 2017, 5.000%, 11/01/49   11/25 at 100.00 N/R 1,518,555
1,180   Cold Spring, Minnesota, Health Care Facilities Revenue Bonds, Assumption Home, Inc, Refunding Series 2013, 5.200%, 3/01/43   3/21 at 100.00 N/R 1,180,578
    Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield Senior Housing, Inc, Refunding Series 2015:        
575   5.250%, 1/01/40   1/23 at 100.00 N/R 529,121
1,175   5.250%, 1/01/46   1/23 at 100.00 N/R 1,053,505
1,195   Dakota County Community Development Agency, Minnesota, Senior Housing Revenue Bonds, Walker Highview Hills LLC Project, Refunding Series 2016A, 5.000%, 8/01/46, 144A   8/22 at 100.00 N/R 1,226,644
500   Dennison, Minnesota, Senior Housing Revenue Bonds, Villages of Lonsdale, LLC Project, Series 2019, 4.600%, 5/01/44   5/24 at 101.00 N/R 503,360
1,185   Lake Crystal, Minnesota, Housing and Health Care Revenue Bonds, Ecumen, Second Century & Owatonna Senior Living Project, Refunding Series 2014A, 4.500%, 9/01/44 (Mandatory Put 9/01/24)   3/21 at 100.00 N/R 1,185,877
    Maple Plain, Minnesota Senior Housing and Healthcare Revenue Bonds, Haven Homes, Inc Project, Series 2019:        
400   4.100%, 7/01/34   7/25 at 102.00 N/R 405,104
1,000   5.000%, 7/01/49   7/25 at 102.00 N/R 1,044,580
1,250   5.000%, 7/01/54   7/25 at 102.00 N/R 1,302,187
    Mapleton, Minnesota, Healthcare Facility Revenue Bonds, Mapleton Community Home, Refunding Series 2019:        
200   4.000%, 5/01/39   5/24 at 101.00 N/R 178,058
450   4.250%, 5/01/46   5/24 at 101.00 N/R 392,063
    Minneapolis, Minnesota, Revenue Bonds, Walker Minneapolis Campus Project, Refunding Series 2012:        
450   5.000%, 11/15/24   11/22 at 100.00 N/R 452,885
1,500   4.750%, 11/15/28   11/22 at 100.00 N/R 1,477,110
      29

Nuveen Minnesota Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Long-Term Care (continued)        
$1,500   Minneapolis, Minnesota, Senior Housing and Healthcare Revenue Bonds, Ecumen, Abiitan Mill City Project, Series 2015, 5.250%, 11/01/45   5/23 at 100.00 N/R $1,513,005
300   Morris, Minnesota, Health Care Facilities Revenue Bonds, Farmington Health Services Project, Refunding Series 2019, 3.400%, 8/01/28   8/24 at 101.00 N/R 290,793
2,000   North Oaks, Minnesota, Senior Housing Revenue Bonds, Waverly Gardens Project, Refunding Series 2016, 5.000%, 10/01/47   10/24 at 102.00 N/R 2,172,180
1,055   Owatonna, Minnesota, Housing and Health Care Revenue Bonds, Ecumen, Second Century & Owatonna Senior Living Project, Refunding Series 2014B, 4.500%, 9/01/44 (Mandatory Put 9/01/24)   3/21 at 100.00 N/R 1,055,580
1,500   Rochester, Minnesota, Health Care and Housing Revenue Bonds, Samaritan Bethany, Inc Project, Refunding Series 2017A, 5.000%, 8/01/48   8/25 at 100.00 N/R 1,563,180
1,285   Saint Joseph, Minnesota, Senior Housing and Healthcare Revenue Bonds, Woodcrest of Country Manor Project, Series 2019 A, 5.000%, 7/01/55   7/24 at 102.00 N/R 1,291,476
2,700   Saint Louis Park, Minnesota, Health Care Facilities Revenue Bonds, Mount Olivet Careview Home Project, Series 2016B, 4.900%, 6/01/49   6/26 at 100.00 N/R 2,717,172
50   Saint Louis Park, Minnesota, Health Care Facilities Revenue Bonds, Mount Olivet Careview Home Project, Series 2016C, 3.150%, 6/01/28   6/21 at 101.00 N/R 47,590
1,000   Saint Paul Housing & Redevelopment Authority, Minnesota, Revenue Bonds, Rossy & Richard Shaller Family Sholom East Campus, Series 2018, 5.000%, 10/01/43   10/23 at 100.00 N/R 1,020,320
4,000   Saint Paul Housing and Redevelopment Authority, Minnesota Senior Housing and Health Care Revenue Bonds, Carondelet Village Project, Series 2016A, 5.000%, 12/01/41   12/24 at 102.00 N/R 4,317,280
1,577   Saint Paul Housing and Redevelopment Authority, Minnesota, Nursing Home Revenue Bonds, Episcopal Homes of Minnesota, Series 2006, 5.630%, 10/01/33   4/21 at 100.00 N/R 1,578,099
    Saint Paul Housing and Redevelopment Authority, Minnesota, Revenue Bonds, Amherst H Wilder Foundation Project, Refunding Series 2020A:        
1,115   5.000%, 12/01/28   No Opt. Call Baa2 1,336,227
300   5.000%, 12/01/30   No Opt. Call Baa2 364,512
1,750   5.000%, 12/01/36   12/30 at 100.00 Baa2 2,066,540
1,000   Saint Paul Housing and Redevelopment Authority, Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Homes Project, Refunding Series 2012A, 5.150%, 11/01/42   3/21 at 100.00 N/R 1,000,500
850   Saint Paul Park, Minnesota, Health Facilities Revenue Bonds, Presbyterian Homes Interlude Transitional Care Projects, Refunding Series 2018, 5.000%, 5/01/43   5/23 at 102.00 N/R 910,197
    Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017:        
590   4.000%, 9/01/31   9/24 at 100.00 N/R 612,037
400   4.000%, 9/01/32   9/24 at 100.00 N/R 413,992
500   4.100%, 9/01/33   9/24 at 100.00 N/R 518,300
315   4.200%, 9/01/36   9/24 at 100.00 N/R 324,711
300   4.250%, 9/01/37   9/24 at 100.00 N/R 308,940
1,000   5.000%, 9/01/42   9/24 at 100.00 N/R 1,049,780
800   Sartell, Minnesota, Health Care and Housing Facilities Revenue Bonds, Country Manor Campus LLC Project, Series 2012A, 5.250%, 9/01/30   9/22 at 100.00 N/R 812,184
30      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Long-Term Care (continued)        
$2,390   Sauk Rapids, Minnesota, Health Care and Housing Facilities Revenue Bonds, Good Shepherd Luthran Home, Refunding Series 2013, 5.125%, 1/01/39   1/23 at 100.00 N/R $2,402,046
1,000   Scanlon, Minnesota, Health Care Facilities Revenue Bonds, Duluth Health Services Project, Refunding Series 2020, 3.950%, 3/01/50   3/25 at 101.00 N/R 883,350
    Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019:        
650   5.000%, 8/01/49   8/24 at 102.00 N/R 687,667
5,000   5.000%, 8/01/54   8/24 at 102.00 N/R 5,276,550
54,912   Total Long-Term Care       56,618,125
    Tax Obligation/General – 31.6%        
1,410   Alexandria Independent School District 206, Douglas County, Minnesota, General Obligation Bonds, Refunding School Building Series 2017A, 5.000%, 2/01/30   2/28 at 100.00 Aa2 1,764,305
1,180   Annandale Independent School District 876, Wright and Stearns Counties, Minnesota, General Obligation Bonds, Refunding School Building Series 2020A, 4.000%, 2/01/28   No Opt. Call Aa2 1,408,613
1,110   Annandale, Minnesota, General Obligation Bonds, Temporary Improvement Series 2020A, 2.000%, 2/01/23   3/21 at 100.00 AA- 1,111,365
    Anoka-Hennepin Independent School District 11, Coon Rapids, Minnesota, General Obligation Bonds, School Building Series 2020A:        
1,475   3.000%, 2/01/34   2/28 at 100.00 AAA 1,604,328
1,355   3.000%, 2/01/43   2/28 at 100.00 AAA 1,435,826
2,110   Austin Independent School District 492, Mower and Freeborn Counties, Minnesota, General Obligation Bonds, Refunding School Building Series 2020A, 4.000%, 2/01/28   2/27 at 100.00 Aa2 2,453,656
375   Becker Independent School District 726, Minnesota, General Obligation Bonds, Refunding Series 2020A, 5.000%, 2/01/22   No Opt. Call Aa2 390,578
2,105   Bemidji, Minnesota, General Obligation Bonds, Refunding Sales Tax Series 2017A, 4.000%, 2/01/29  –  AGM Insured   2/28 at 100.00 AA 2,477,606
2,000   Bloomington Independent School District 271, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance, Series 2017A, 4.000%, 2/01/40   2/27 at 100.00 AAA 2,245,820
2,390   Bloomington Independent School District 271, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance, Series 2020A, 2.000%, 2/01/28   No Opt. Call AAA 2,537,104
1,570   Brainerd Independent School District 181, Crow Wing County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018C, 5.000%, 2/01/27   2/26 at 100.00 AAA 1,905,117
    Brainerd Independent School District 181, Crow Wing County, Minnesota, General Obligation Bonds, School Building Series 2018A:        
3,500   4.000%, 2/01/38   2/27 at 100.00 AAA 3,944,815
3,825   4.000%, 2/01/42   2/27 at 100.00 AAA 4,275,126
1,000   4.000%, 2/01/43   2/27 at 100.00 AAA 1,115,770
      31

Nuveen Minnesota Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Brooklyn Center Independent School District 286, Minnesota, General Obligation Bonds, Series 2018A:        
$1,090   4.000%, 2/01/36   2/27 at 100.00 Aa2 $1,224,724
1,880   4.000%, 2/01/38   2/27 at 100.00 Aa2 2,102,103
2,715   4.000%, 2/01/41   2/27 at 100.00 Aa2 3,018,293
2,260   4.000%, 2/01/42   2/27 at 100.00 Aa2 2,505,911
230   Chaska, Minnesota, General Obligation Bonds, Series 2020C, 5.000%, 2/01/30   No Opt. Call AA 301,597
1,160   Chisago Lakes, Minnesota, Independent School District 2144, General Obligation Bonds, School Building Series 2017A, 3.000%, 2/01/32   2/27 at 100.00 AAA 1,252,382
    Cloquet Independent School District 94, Carlton and Saint Louis Counties, Minnesota, General Obligation Bonds, School Building Series 2015B:        
1,000   5.000%, 2/01/27   2/25 at 100.00 Aa2 1,170,190
1,000   4.000%, 2/01/36   2/25 at 100.00 Aa2 1,083,240
1,100   Dakota County Community Development Agency, Minnesota, Governmental Housing Development General Obligation Bonds, Series 2015A, 4.000%, 1/01/42   1/23 at 100.00 Aaa 1,141,679
    Dawson-Boyd Independent School District 378, Yellow Medicine County, Minnesota, General Obligation Bonds, School Building Series 2019A:        
1,145   4.000%, 2/01/31   2/28 at 100.00 AAA 1,343,554
1,145   4.000%, 2/01/32   2/28 at 100.00 AAA 1,337,738
500   Dilworth-Glyndon-Felton Independent School District 2164, Clay County, Minnesota, General Obligation Bonds, School Building Series 2020A, 3.000%, 2/01/35   2/26 at 100.00 AAA 529,560
595   Duluth, Minnesota, General Obligation Bonds, Refunding Capital Improvement Series 2019C, 5.000%, 2/01/32   2/29 at 100.00 AA 755,751
2,130   Duluth, Minnesota, General Obligation Bonds, Refunding DECC Improvement Series 2016A, 5.000%, 2/01/32   2/26 at 100.00 AA 2,543,539
1,500   Eden Prairie Independent School District 272, Hennepin County, Minnesota, General Obligation Bonds, School Building Series 2019B, 4.000%, 2/01/31   2/28 at 100.00 Aa2 1,755,795
1,250   Eveleth-Gilbert Public Schools Independent School District 2154, Saint Louis County, Minnesota, General Obligation Bonds, Series 2019A, 5.000%, 2/01/30   2/28 at 100.00 AAA 1,567,863
    Forest Lake, Washington County, Minnesota, General Obligation Bonds, Series 2019A:        
2,145   5.000%, 2/01/29   No Opt. Call AA+ 2,788,071
1,960   4.000%, 2/01/32   2/29 at 100.00 AA+ 2,335,007
480   Fridley, Minnesota, General Obligation Bonds, Capital Improvement Plan, Series 2017, 3.250%, 2/01/34   2/26 at 100.00 Aa2 512,525
700   Greenway Independent School District 316, Itasca County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2019F, 0.000%, 2/01/30   2/26 at 90.86 AAA 592,249
1,300   Hennepin County Regional Railroad Authority, Minnesota, General Obligation Bonds, Refunding Limited Tax Series 2019D, 5.000%, 12/01/26   No Opt. Call AAA 1,617,967
3,290   Hennepin County, Minnesota, General Obligation Bonds, Sales Tax Series 2020C, 5.000%, 12/15/26   No Opt. Call AAA 4,101,117
1,390   Hutchinson Independent School District 423, McLeod, Meeker, Renville Counties, Minnesota, General Obligation Bonds, School Building Series 2016A, 5.000%, 2/01/28   2/26 at 100.00 Aa2 1,670,252
32      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$5,000   Independent School District 621, Mounds View, Minnesota, General Obligation Bonds, School Building Series 2018A, 4.000%, 2/01/42   2/27 at 100.00 AAA $5,588,400
1,000   Itasca County Independent School District 318, Minnesota, General Obligation Bonds, Series 2018A, 5.000%, 2/01/29   2/27 at 100.00 AAA 1,226,990
    La Crescent, Minnesota, General Obligation Bonds, Series 2019B:        
170   4.000%, 2/01/25   No Opt. Call A1 191,170
165   4.000%, 2/01/26   No Opt. Call A1 189,474
100   4.000%, 2/01/27   No Opt. Call A1 117,019
335   La Crescent, Minnesota, General Obligation Bonds, Series 2020A, 4.000%, 2/01/27   No Opt. Call A1 392,014
500   La Crescent-Hokah Independent School District 300, Houston and Winona Counties, Minnesota, General Obligation Bonds, School Building & Maintenance Series 2019A, 4.000%, 2/01/30   2/27 at 100.00 Aa2 572,265
    Lake City Independent School District 813, Goodhue and Wabasha Counties, Minnesota, General Obligation Bonds, Refunding Series 2019A:        
1,330   5.000%, 2/01/27   No Opt. Call AAA 1,654,068
1,140   3.000%, 2/01/28   2/27 at 100.00 AAA 1,262,732
    Lake Crystal, Minnesota, General Obligation Bonds, Series 2019A:        
145   3.000%, 12/15/27   No Opt. Call AA 162,802
145   3.000%, 12/15/28   12/27 at 100.00 AA 161,877
160   3.000%, 12/15/29   12/27 at 100.00 AA 177,443
315   3.000%, 12/15/30   12/27 at 100.00 AA 347,202
4,100   Lakeville Independent School District 194, Dakota County, Minnesota, General Obligation Bonds, School Building & Facilities Maintenance Series 2020A, 3.000%, 2/01/29   2/28 at 100.00 Aa2 4,625,046
    Lester Prairie Independent School District 424, McLeod County, Minnesota, General Obligation Bonds, School Building Series 2019A:        
590   5.000%, 2/01/28   No Opt. Call Aa2 749,807
590   4.000%, 2/01/31   2/29 at 100.00 Aa2 708,785
    Maccray Independent School District 2180, Chippewa, Kandiyohi and Renville Counties, Minnesota, General Obligation Bonds, School Building Series 2020A:        
1,965   4.000%, 2/01/28   No Opt. Call Aa2 2,344,265
2,040   3.000%, 2/01/29   2/28 at 100.00 Aa2 2,281,026
    Madison, Minnesota, General Obligation Bonds, Refunding Series 2015A:        
660   3.600%, 1/01/35  –  AGM Insured   1/23 at 100.00 AA 694,241
500   4.000%, 1/01/45  –  AGM Insured   1/23 at 100.00 AA 525,720
    Mankato Independent School District 77, Nicollet and Le Sueur Counties, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2020A:        
715   4.000%, 2/01/29   No Opt. Call Aa2 861,925
645   4.000%, 2/01/38   2/29 at 100.00 Aa2 745,123
      33

Nuveen Minnesota Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Maple River Independent School District 2135, Minnesota, General Obligation Bonds, School Building Series 2020A:        
$425   4.000%, 2/01/31   2/30 at 100.00 AAA $518,759
245   4.000%, 2/01/32   2/30 at 100.00 AAA 297,430
2,250   4.000%, 2/01/45   2/30 at 100.00 AAA 2,616,862
1,500   4.000%, 2/01/50   2/30 at 100.00 AAA 1,735,620
1,300   Marshall Independent School District 413, Lyon County, Minnesota, General Obligation Bonds, School Building Series 2019B, 4.000%, 2/01/28   No Opt. Call Aa2 1,554,735
1,780   Metropolitan Council Minneapolis- Saint Paul Metropolitan Area, Minnesota, General Obligation Bonds, Refunding Transit Series 2020D, 5.000%, 3/01/28   No Opt. Call AAA 2,278,685
585   Milaca Independent School District 912, Millie Lacs, Morrison, Benton, Kanabec and Isanti Counties, Minnesota, General Obligation Bonds, Refunding Alternative Facilities Crossover Series 2014B, 4.000%, 2/01/26   2/24 at 100.00 Aa2 641,710
1,495   Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, Long-Term Facilities Maintenance Series 2017B, 4.000%, 2/01/36   2/28 at 100.00 AAA 1,732,331
    Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, Long-Term Facilities Maintenance Series 2019B:        
1,475   5.000%, 2/01/29   No Opt. Call AAA 1,922,412
1,570   5.000%, 2/01/30   2/29 at 100.00 AAA 2,029,884
2,060   4.000%, 2/01/35   2/29 at 100.00 AAA 2,437,989
1,090   Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, School Building Series 2020B, 5.000%, 2/01/29   No Opt. Call AAA 1,420,630
2,195   Minneapolis, Minnesota, General Obligation Bonds, Improvement & Various Purpose Series 2018, 4.000%, 12/01/35   12/26 at 100.00 AAA 2,518,236
1,000   Minnesota State, General Obligation Bonds, Refunding Various Purpose Series 2016D, 2.250%, 8/01/29   8/26 at 100.00 AAA 1,060,980
7,015   Minnesota State, General Obligation Bonds, State Trunk Highway Series 2020B, 4.000%, 8/01/29   No Opt. Call AAA 8,717,470
500   Minnesota State, General Obligation Bonds, Various Purpose Refunding Series 2013F, 5.000%, 10/01/21   No Opt. Call AAA 514,245
500   Minnesota State, General Obligation Bonds, Various Purpose Series 2013D, 3.000%, 10/01/26   10/23 at 100.00 AAA 530,600
3,130   Minnesota State, General Obligation Bonds, Various Purpose Series 2017A, 5.000%, 10/01/29   10/27 at 100.00 AAA 3,939,387
1,515   Minnesota State, General Obligation Bonds, Various Purpose Series 2018A, 5.000%, 8/01/34   8/28 at 100.00 AAA 1,918,293
155   Minnesota State, General Obligation Bonds, Various Purpose Series 2019A, 5.000%, 8/01/36   8/29 at 100.00 AAA 198,953
2,425   Minnesota State, General Obligation Bonds, Various Purpose Series 2020A, 5.000%, 8/01/36   8/30 at 100.00 AAA 3,186,595
34      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Montgomery Independent School District 2905, Minnesota, General Obligation Bonds, School Building Series 2018A:        
$250   4.000%, 2/01/32   2/25 at 100.00 Aa2 $272,833
500   4.000%, 2/01/36   2/25 at 100.00 Aa2 541,620
    Moorhead Independent School District 152, Clay County, Minnesota, General Obligation Bonds, School Building Series 2020A:        
2,070   3.000%, 2/01/43   2/28 at 100.00 Aa2 2,192,089
1,100   3.000%, 2/01/44   2/28 at 100.00 Aa2 1,162,557
    Mora Independent School District 332, Kanabec County, Minnesota, General Obligation Bonds, School Building Series 2020A:        
2,620   4.000%, 2/01/28   No Opt. Call AAA 3,135,328
1,085   3.000%, 2/01/29   2/28 at 100.00 AAA 1,207,855
1,850   3.000%, 2/01/30   2/28 at 100.00 AAA 2,039,070
300   Mountain Lake, Minnesota, General Obligation Bonds, Series 2017B, 4.000%, 2/01/43   2/25 at 100.00 A+ 322,716
2,735   New Prague Independent School District 721, Scott County, Minnesota, General Obligation Bonds, Refunding School Building Series 2020A, 5.000%, 2/01/23   No Opt. Call Aa2 2,977,923
2,000   North Saint Paul-Maplewood-Oakdale Independent School District 622, Ramsey County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018A, 3.375%, 2/01/35   2/27 at 100.00 Aa2 2,178,360
595   North Saint Paul-Maplewood-Oakdale Independent School District 622, Ramsey County, Minnesota, General Obligation Bonds, Refunding Alternate Facilities Series 2019C, 4.000%, 2/01/30   2/28 at 100.00 Aa2 699,964
1,600   North Saint Paul-Maplewood-Oakdale Independent School District 622, Ramsey County, Minnesota, General Obligation Bonds, School Building Series 2019A, 5.000%, 2/01/32   2/28 at 100.00 Aa2 1,980,208
1,080   Pillager Independent School District 116, Cass and Morrison Counties, Minnesota, General Obligation Bonds, Refunding School Building Series 2020A, 4.000%, 2/01/29   2/28 at 100.00 AAA 1,282,954
1,360   Pillager Independent School District 116, Cass and Morrison Counties, Minnesota, General Obligation Bonds, School Building Series 2019A, 3.000%, 2/01/33   2/28 at 100.00 AAA 1,479,938
1,205   Pipestone-Jasper Independent School District 2689, Minnesota, General Obligation Bonds, Series 2019A, 5.000%, 2/01/29   No Opt. Call AAA 1,567,319
4,000   Richfield Independent School District 280, Hennepin County, Minnesota, General Obligation Bonds, School Buildings Series 2018A, 4.000%, 2/01/40   2/27 at 100.00 AAA 4,491,640
1,250   Robbinsdale Independent School District 281, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018A, 3.000%, 2/01/30   8/26 at 100.00 Aa2 1,337,613
2,765   Rosemount Independent School District 196, Dakota County, Minnesota, General Obligation Bonds, School Building Series 2016A, 5.000%, 2/01/27   2/26 at 100.00 AAA 3,331,355
    Roseville Independent School District 623, Ramsey County, Minnesota, General Obligation Bonds, School Building Series 2018A:        
3,250   5.000%, 2/01/30   2/27 at 100.00 Aa2 3,965,130
2,500   4.000%, 2/01/35   2/27 at 100.00 Aa2 2,831,300
1,500   Roseville Independent School District 623, Ramsey County, Minnesota, General Obligation Bonds, Series 1994, 4.000%, 2/01/37   2/27 at 100.00 Aa2 1,689,825
      35

Nuveen Minnesota Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Russell-Tyler-Ruthton Public Schools Independent School District 2902, Minnesota, General Obligation Bonds, Series 2019A:        
$1,620   5.000%, 2/01/30   2/29 at 100.00 AAA $2,088,860
1,700   4.000%, 2/01/31   2/29 at 100.00 AAA 2,035,189
575   Saint Francis Independent School District 15, Minnesota, General Obligation Bonds, School Building Series 2018A, 4.000%, 2/01/35   2/23 at 100.00 Aa2 605,262
1,000   Saint James Independent School District 840, Minnesota, General Obligation Bonds, School Building Series 2015B, 4.000%, 2/01/45   2/26 at 100.00 AAA 1,098,350
    Saint Michael Independent School District 885, Wright County, Minnesota, General Obligation Bonds, School Building Series 2017A:        
1,340   4.000%, 2/01/28   2/26 at 100.00 Aa2 1,536,189
1,400   4.000%, 2/01/30   2/26 at 100.00 Aa2 1,587,110
1,885   3.200%, 2/01/32   2/26 at 100.00 Aa2 2,033,104
    Shakopee Independent School District 720, Scott County, Minnesota, General Obligation Bonds, Capital Facilities Series 2020A:        
250   4.000%, 2/01/33   2/27 at 100.00 Aa2 284,253
425   4.000%, 2/01/34   2/27 at 100.00 Aa2 481,236
3,390   Shakopee Independent School District 720, Scott County, Minnesota, General Obligation Bonds, Series 2013A, 3.000%, 2/01/25   2/23 at 100.00 Aa2 3,556,551
2,500   Sibley East Independent School District 2310, Sibley, Minnesota, General Obligation Bonds, School Building Series 2015A, 4.000%, 2/01/40   2/25 at 100.00 Aa2 2,692,225
420   Sleepy Eye, Minnesota, General Obligation Bonds, Refunding Series 2020A, 4.000%, 2/01/28   No Opt. Call AA 499,829
    South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018A:        
1,330   4.000%, 2/01/31   2/27 at 100.00 Aa2 1,536,788
670   4.000%, 2/01/33   2/27 at 100.00 Aa2 768,731
    South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2020A:        
1,575   5.000%, 2/01/28   No Opt. Call Aa2 2,007,653
1,575   4.000%, 2/01/29   2/28 at 100.00 Aa2 1,876,739
700   4.000%, 2/01/30   2/28 at 100.00 Aa2 827,547
1,000   South Washington County Independent School District 833, Minnesota, General Obligation Bonds, School Building Series 2016A, 4.000%, 2/01/29   2/26 at 100.00 Aa2 1,142,810
500   Spring Lake Independent School District 16, Anoka County, Minnesota, General Obligation Bonds, Refunding Series 2015A, 4.000%, 2/01/22   No Opt. Call Aa2 517,575
    Swift County-Benson Hospital District, Minnesota, Congregate Senior Revenue Bonds, Series 2020A:        
150   4.000%, 2/01/25   No Opt. Call AA- 168,741
330   4.000%, 2/01/28   No Opt. Call AA- 391,519
345   4.000%, 2/01/29   No Opt. Call AA- 414,169
36      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Virginia, Minnesota, General Obligation Bonds, Sales Tax Series 2020A:        
$535   4.000%, 2/01/31  –  AGM Insured   2/28 at 100.00 AA $620,119
500   4.000%, 2/01/32  –  AGM Insured   2/28 at 100.00 AA 577,045
815   4.000%, 2/01/33  –  AGM Insured   2/28 at 100.00 AA 937,054
655   4.000%, 2/01/35  –  AGM Insured   2/28 at 100.00 AA 748,763
245   4.000%, 2/01/37  –  AGM Insured   2/28 at 100.00 AA 278,376
2,500   Waconia Independent School District, Minnesota, General Obligation Bonds, School Building Series 2015B, 3.000%, 2/01/28   2/25 at 100.00 Aa2 2,677,100
1,315   Waseca Independent School District 829, Steele, Rice, and Waseca Counties, Minnesota, General Obligation Bonds, School Building Series 2015A, 4.000%, 2/01/27   2/26 at 100.00 Aa2 1,520,350
1,685   Watertown-Mayer Independent School District 111, Carver, Hennepin and Wright Counties, Minnesota, General Obligation Bonds, School Building Series 2020A, 0.000%, 2/01/32   2/28 at 92.57 AAA 1,369,197
1,220   West Saint Paul-Mendota Heights-Eagan Independent School District 197, Dakota County, Minnesota, General Obligation Bonds, School Building Series 2018A, 4.000%, 2/01/39   2/27 at 100.00 AAA 1,372,146
    White Bear Lake Independent School District 624, Ramsey County, Minnesota, General Obligation Bonds, School Building Series 2020A:        
4,820   4.000%, 2/01/27   No Opt. Call AAA 5,716,375
5,000   3.000%, 2/01/42   2/28 at 100.00 AAA 5,325,500
193,475   Total Tax Obligation/General       223,252,388
    Tax Obligation/Limited – 7.0%        
750   Duluth Independent School District 709, Minnesota, Certificates of Participation, Refunding Full Term Series 2019B, 5.000%, 2/01/25   No Opt. Call Aa2 864,413
600   Elbow Lake Economic Development Authority, Minnesota, Lease Revenue Bonds, Grant County Public Project, Series 2017A, 4.200%, 12/15/43   12/27 at 100.00 N/R 638,196
135   Minneapolis, Minnesota, Tax Increment Revenue Bonds, Grant Park Project, Refunding Series 2015, 4.000%, 3/01/30   3/23 at 100.00 N/R 137,811
425   Minneapolis, Minnesota, Tax Increment Revenue Bonds, Village at St Anthony Falls Project, Refunding Series 2015, 4.000%, 3/01/27   3/23 at 100.00 N/R 434,346
1,090   Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2015C, 3.250%, 8/01/30   8/24 at 100.00 AA+ 1,152,141
    Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2017A:        
200   4.000%, 8/01/30   8/27 at 100.00 AA+ 232,732
475   4.000%, 8/01/34   8/27 at 100.00 AA+ 545,105
325   4.000%, 8/01/35   8/27 at 100.00 AA+ 372,083
1,125   Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2018D, 4.000%, 8/01/38   8/28 at 100.00 AA+ 1,294,391
2,450   Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2020A, 4.000%, 8/01/29   No Opt. Call AA+ 2,995,909
3,105   Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2020B, 4.000%, 8/01/32   8/30 at 100.00 AA+ 3,791,764
      37

Nuveen Minnesota Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Northeast Metropolitan Intermediate School District 916, White Bear Lake, Minnesota, Certificates of Participation, Series 2015A:        
$1,470   3.625%, 2/01/34   2/25 at 100.00 A2 $1,546,278
580   3.750%, 2/01/36   2/25 at 100.00 A2 610,897
4,600   Northeast Metropolitan Intermediate School District 916, White Bear Lake, Minnesota, Certificates of Participation, Series 2015B, 4.000%, 2/01/42   2/25 at 100.00 A2 4,877,288
1,000   Plymouth Intermediate District 287, Minnesota, Certificates of Participation, Refunding Series 2017A, 4.000%, 2/01/36   2/27 at 100.00 A1 1,113,490
    Plymouth Intermediate District 287, Minnesota, Facilities Maintenance Bonds, Series 2017B:        
175   4.000%, 5/01/29   5/27 at 100.00 A1 201,278
200   4.000%, 5/01/32   5/27 at 100.00 A1 226,186
100   4.000%, 5/01/33   5/27 at 100.00 A1 112,719
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
4,500   4.500%, 7/01/34   7/25 at 100.00 N/R 4,911,345
1,077   4.750%, 7/01/53   7/28 at 100.00 N/R 1,175,470
2,500   Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2, 4.784%, 7/01/58   7/28 at 100.00 N/R 2,733,925
1,215   Roseville Independent School District 623, Ramsey County, Minnesota, Certificates of Participation, Series 2021A, 5.000%, 4/01/30 (WI/DD, Settling 3/09/21)   No Opt. Call Baa2 1,598,089
    Saint Cloud Independent School District 742, Stearns County, Minnesota, Certificates of Participation, Saint Cloud Area Public Schools, Series 2017A:        
355   5.000%, 2/01/32   2/25 at 100.00 A1 407,387
520   5.000%, 2/01/34   2/25 at 100.00 A1 594,589
    Saint Paul Housing and Redevelopment Authority, Minnesota, Multifamily Housing Revenue Bonds, 2700 University at Westgate Station, Series 2015B:        
350   4.250%, 4/01/25   4/23 at 100.00 N/R 359,968
430   4.875%, 4/01/30   4/23 at 100.00 N/R 440,797
1,665   5.250%, 4/01/43   4/23 at 100.00 N/R 1,690,791
2,670   Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2018B, 3.375%, 2/01/35   2/27 at 100.00 AAA 2,914,385
    Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2019B:        
1,005   4.000%, 2/01/36   2/29 at 100.00 AAA 1,180,503
1,000   4.000%, 2/01/37   2/29 at 100.00 AAA 1,170,540
    Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2020C:        
3,325   4.000%, 2/01/30   2/28 at 100.00 AAA 3,918,812
2,840   3.000%, 2/01/36   2/28 at 100.00 AAA 3,062,883
38      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    White Bear Lake Independent School District 624, Ramsey County, Minnesota, Certificates of Participation, Series 2020B:        
$745   5.000%, 4/01/24   No Opt. Call A+ $844,264
900   4.000%, 4/01/28   No Opt. Call A+ 1,066,212
43,902   Total Tax Obligation/Limited       49,216,987
    Transportation – 5.3%        
1,000   Minneapolis, Minnesota, Recovery Zone Facility Revenue Bonds, Mozaic Parking, LLC Project, Series 2010A, 8.500%, 1/01/41   3/21 at 100.00 N/R 999,870
1,000   Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Senior Lien Series 2016A, 5.000%, 1/01/28   1/27 at 100.00 AA- 1,223,940
    Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2014A:        
200   5.000%, 1/01/25   1/24 at 100.00 A+ 225,828
2,000   5.000%, 1/01/31   1/24 at 100.00 A+ 2,235,420
1,175   5.000%, 1/01/32   1/24 at 100.00 A+ 1,311,899
750   Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2014B, 5.000%, 1/01/26 (AMT)   1/24 at 100.00 A+ 841,657
270   Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2016B, 5.000%, 1/01/22   No Opt. Call A+ 280,541
    Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019A:        
30   5.000%, 1/01/31   7/29 at 100.00 A+ 37,932
70   5.000%, 1/01/37   7/29 at 100.00 A+ 86,435
1,250   5.000%, 1/01/44   7/29 at 100.00 A+ 1,515,175
    Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B:        
750   5.000%, 1/01/30 (AMT)   7/29 at 100.00 A+ 938,775
2,000   5.000%, 1/01/35 (AMT)   7/29 at 100.00 A+ 2,443,420
1,225   5.000%, 1/01/38 (AMT)   7/29 at 100.00 A+ 1,482,017
2,215   5.000%, 1/01/39 (AMT)   7/29 at 100.00 A+ 2,672,287
3,000   5.000%, 1/01/44 (AMT)   7/29 at 100.00 A+ 3,573,510
7,250   5.000%, 1/01/49 (AMT)   7/29 at 100.00 A+ 8,577,910
    Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C:        
125   5.000%, 1/01/33   1/27 at 100.00 AA- 149,104
1,630   5.000%, 1/01/37   1/27 at 100.00 AA- 1,924,916
5,580   5.000%, 1/01/46   1/27 at 100.00 AA- 6,480,054
475   Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2016D, 5.000%, 1/01/34 (AMT)   1/27 at 100.00 A+ 554,529
31,995   Total Transportation       37,555,219
      39

Nuveen Minnesota Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed – 2.3% (5)        
$1,135   Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2013A, 5.500%, 7/01/43 (Pre-refunded 7/01/23)   7/23 at 100.00 N/R $1,268,294
2,000   Mankato Independent School District 77, Nicollet and Le Sueur Counties, Minnesota, General Obligation Bonds, School Building Series 2014A, 4.000%, 2/01/28 (Pre-refunded 2/01/24)   2/24 at 100.00 AAA 2,201,620
    Minnesota Higher Education Facilities Authority, Revenue Bonds, Hamline University, Series 2011-7K1:        
625   6.000%, 10/01/32 (Pre-refunded 10/01/21)   10/21 at 100.00 Baa3 645,869
2,000   6.000%, 10/01/40 (Pre-refunded 10/01/21)   10/21 at 100.00 Baa3 2,066,780
720   Otter Tail County, Minnesota, General Obligation Bonds, Capital Improvement Series 2016A, 3.000%, 2/01/23 (ETM)   No Opt. Call AA 757,922
1,500   Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Nova Classical Academy, Series 2011A, 6.625%, 9/01/42 (Pre-refunded 9/01/21)   9/21 at 100.00 BB+ 1,548,255
1,600   St Paul Housing and Redevelopment Authority, Minnesota, Hospital Revenue Bonds, HealthEast Inc, Series 2015A, 5.000%, 11/15/40 (Pre-refunded 11/15/25)   11/25 at 100.00 N/R 1,922,656
3,715   Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Series 2014A, 5.000%, 1/01/46 (Pre-refunded 1/01/24)   1/24 at 100.00 Aa3 4,203,374
1,530   Worthington Independent School District 518, Nobles County, Minnesota, Certificates of Participation, Series 2017A, 4.000%, 2/01/42 (Pre-refunded 2/01/26)   2/26 at 100.00 A+ 1,772,658
14,825   Total U.S. Guaranteed       16,387,428
    Utilities – 8.8%        
1,240   Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2016, 5.000%, 1/01/46   7/26 at 100.00 A- 1,389,160
135   Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2020A, 5.000%, 1/01/50   7/30 at 100.00 A- 162,674
235   Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34   10/22 at 100.00 BBB 244,760
500   Minnesota Municipal Power Agency, Electric Revenue Bonds, Refunding Series 2014, 4.000%, 10/01/21   No Opt. Call A1 510,900
    Minnesota Municipal Power Agency, Electric Revenue Bonds, Refunding Series 2014A:        
1,000   4.000%, 10/01/31   10/24 at 100.00 A1 1,085,360
1,000   4.000%, 10/01/32   10/24 at 100.00 A1 1,082,280
2,250   Minnesota Municipal Power Agency, Electric Revenue Bonds, Series 2016, 5.000%, 10/01/47   10/26 at 100.00 A1 2,648,137
400   Minnesota Public Facilities Authority, State Clean Water Revolving Fund Revenue Bonds, Series 2010A, 5.000%, 3/01/21   No Opt. Call AAA 400,000
3,500   Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2017A, 5.000%, 12/01/47   12/26 at 100.00 AA 4,134,760
    Saint Paul Housing and Redevelopment Authority, Minnesota, District Energy Revenue Bonds, Refunding Series 2017A:        
390   4.000%, 10/01/28   10/27 at 100.00 A- 453,426
675   4.000%, 10/01/33   10/27 at 100.00 A- 761,684
40      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
    Saint Paul Housing and Redevelopment Authority, Minnesota, District Energy Revenue Bonds, Refunding Series 2017B:        
$355   4.000%, 10/01/28   10/27 at 100.00 A- $412,734
270   4.000%, 10/01/29   10/27 at 100.00 A- 311,256
2,000   Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2017-3, 4.000%, 10/01/42   10/27 at 100.00 A- 2,198,900
1,180   Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2017-4, 4.000%, 10/01/40 (AMT)   10/27 at 100.00 A- 1,284,890
    Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2021-1 501 C3:        
300   3.000%, 10/01/34 (WI/DD, Settling 3/09/21)   10/27 at 100.00 A- 315,756
675   4.000%, 10/01/41 (WI/DD, Settling 3/09/21)   10/27 at 100.00 A- 743,607
1,075   Southern Minnesota Municipal Power Agency Power Supply System Revenue Bonds, Series 2015A, 5.000%, 1/01/27   1/26 at 100.00 AA- 1,282,400
    Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 1994A:        
755   0.000%, 1/01/22  –  NPFG Insured   No Opt. Call A+ 751,935
3,055   0.000%, 1/01/23  –  NPFG Insured   No Opt. Call A+ 3,018,859
10,530   0.000%, 1/01/24  –  NPFG Insured   No Opt. Call A+ 10,284,124
4,805   0.000%, 1/01/25  –  NPFG Insured   No Opt. Call A+ 4,622,506
7,255   0.000%, 1/01/26  –  NPFG Insured   No Opt. Call A+ 6,858,006
    Thief River Falls, Minnesota, Electric Revenue Bonds, Series 2018A:        
230   4.000%, 2/01/35  –  AGM Insured   2/26 at 100.00 AA 256,682
260   4.000%, 2/01/38  –  AGM Insured   2/26 at 100.00 AA 288,337
13,765   Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Series 2018A, 5.000%, 1/01/49   7/28 at 100.00 Aa3 16,519,927
57,835   Total Utilities       62,023,060
$582,630   Total Long-Term Investments (cost $622,751,639)       653,064,640
    
Principal Amount (000)   Description (1)   Optional Call
Provisions (2)
Ratings (3) Value
    SHORT-TERM INVESTMENTS – 7.1%        
    MUNICIPAL BONDS – 7.1%        
    Health Care – 5.5%        
$13,600   Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Variable Rate Demand Obligations, Series 2018A, 0.010%, 11/15/48 (6)   4/21 at 100.00 A-1 $13,600,000
2,125   Minneapolis-Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care System Revenue Bonds, Allina Health System, Variable Rate Demand Obligations, Series 2007C1, 0.040%, 11/15/34 (6)   4/21 at 100.00 A-1 2,125,000
6,935   Minneapolis-Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care System Revenue Bonds, Allina Health System, Variable Rate Demand Obligations, Series 2007C2, 0.030%, 11/15/34 (6)   4/21 at 100.00 A-1 6,935,000
      41

Nuveen Minnesota Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call
Provisions (2)
Ratings (3) Value
    Health Care (continued)        
$14,200   Rochester, Minnesota, Health Care Facilities Revenue Bonds, Variable Rate Demand Obligations, Mayo Clinic Series 2008A, 0.010%, 11/15/38 (6)   4/21 at 100.00 A-1+ $14,200,000
1,745   Rochester, Minnesota, Health Care Facilities Revenue Bonds, Variable Rate Demand Obligations, Mayo Clinic Series 2008B, 0.010%, 11/15/38 (6)   4/21 at 100.00 A-1+ 1,745,000
38,605   Total Health Care       38,605,000
    Housing/Multifamily – 0.5%        
3,200   Rochester, Minnesota, Multifamily Housing Revenue Bonds, Bella Grove Apartments Project, Variable Rate Demand Obligations, Series 2019B, 0.030%, 5/01/61 (6)   4/21 at 100.00 A-1+ 3,200,000
    Housing/Single Family – 0.7%        
5,225   Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Variable Rate Demand Obligations, Series 2015D, 0.060%, 1/01/46 (AMT) (6)   4/21 at 100.00 A-1+ 5,225,000
    Tax Obligation/General – 0.4%        
3,190   Hennepin County, Minnesota, General Obligation Bonds, Variable Rate Demand Obligations, Series 2018B, 0.030%, 12/01/38 (6)   4/21 at 100.00 A-1+ 3,190,000
$50,220   Total Short-Term Investments (cost $50,220,000)       50,220,000
    Total Investments (cost $672,971,639) – 99.5%       703,284,640
    Other Assets Less Liabilities – 0.5%       3,390,541
    Net Assets – 100%       $706,675,181
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
42      

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Municipal Bonds $ — $653,064,640 $ — $653,064,640
Short-Term Investments:        
Municipal Bonds  — 50,220,000  — 50,220,000
Total $ — $703,284,640 $ — $703,284,640
    
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
(4) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
(6) Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the reporting period. This rate changes periodically based on market conditions or a specified market index.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
AMT Alternative Minimum Tax  
ETM Escrowed to maturity  
WI/DD Purchased on a when-issued or delayed delivery basis.  
      43

Nuveen Nebraska Municipal Bond Fund
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 96.3%        
    MUNICIPAL BONDS – 96.3%        
    Consumer Staples  – 0.9%        
    Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1:        
$65   4.000%, 6/01/48   6/30 at 100.00 BBB+ $72,662
1,000   3.000%, 6/01/48   6/30 at 100.00 BBB+ 1,014,540
1,065   Total Consumer Staples       1,087,202
    Education and Civic Organizations – 4.8%        
1,500   Douglas County, Nebraska, Educational Facilities Revenue Bonds, Creighton University Projects, Refunding Series 2017, 5.000%, 7/01/47   7/27 at 100.00 A2 1,784,835
    Lincoln, Nebraska, Educational Facilities Revenue and Refunding Bonds, Nebraska Wesleyan University Project, Series 2012:        
685   3.300%, 4/01/25   4/22 at 100.00 A- 703,063
410   4.000%, 4/01/32   4/22 at 100.00 A- 422,444
525   Nebraska Educational Finance Authority, Revenue Bonds, Clarkson College Project, Refunding Series 2011, 5.450%, 9/01/35   5/21 at 100.00 Aa3 530,654
    Saline County, Nebraska, Educational Facilities Revenue Bonds, Doane College Project, Refunding Series 2020A:        
360   3.000%, 2/15/34   2/29 at 100.00 A 377,280
445   3.000%, 2/15/35   2/29 at 100.00 A 464,518
500   Southeast Community College Area, Nebraska, Facilities Revenue Bonds, Series 2020, 3.000%, 3/15/45  –  AGM Insured   7/25 at 100.00 AA 503,675
1,000   University of Nebraska Facilities Corporation, Nebraska, Facilities Bonds, Refunding Series 2017B, 4.000%, 5/15/37   11/27 at 100.00 Aa1 1,138,910
5,425   Total Education and Civic Organizations       5,925,379
    Health Care – 6.4%        
200   California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A, 5.250%, 12/01/56, 144A   6/26 at 100.00 BB 223,880
    Douglas County Hospital Authority 2, Nebraska, Health Facilities Revenue Bonds, Children's Hospital Obligated Group, Refunding Series 2020A:        
575   4.000%, 11/15/40   11/30 at 100.00 AA- 660,094
300   4.000%, 11/15/41   11/30 at 100.00 AA- 343,080
    Douglas County Hospital Authority 2, Nebraska, Health Facilities Revenue Bonds, Children's Hospital Obligated Group, Series 2017:        
180   5.000%, 11/15/37   5/27 at 100.00 AA- 214,457
1,050   5.000%, 11/15/47   5/27 at 100.00 AA- 1,232,689
775   Douglas County Hospital Authority 2, Nebraska, Hospital Revenue Bonds, Madonna Rehabilitation Hospital Project, Series 2014, 5.000%, 5/15/44   5/24 at 100.00 A- 843,657
44      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Douglas County Hospital Authority 3, Nebraska, Health Facilities Revenue Bonds, Nebraska Methodist Health System, Refunding Series 2015:        
$500   4.125%, 11/01/36   11/25 at 100.00 A $541,600
1,000   5.000%, 11/01/45   11/25 at 100.00 A 1,115,560
500   Indiana Finance Authority, Hospital Revenue Bonds, Marion General Hospital Project, Series 2020A, 4.000%, 7/01/40   7/30 at 100.00 A 570,310
250   Madison County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Faith Regional Health Services Project, Refunding Series 2017A, 5.000%, 7/01/30   7/27 at 100.00 BBB 293,183
    Madison County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Faith Regional Health Services Project, Series 2018:        
500   5.000%, 7/01/34   7/25 at 100.00 BBB 560,395
435   5.000%, 7/01/35   7/25 at 100.00 BBB 486,774
875   Scotts Bluff County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Regional West Medical Center Project, Refunding & Improvement Series 2016A, 5.250%, 2/01/37   2/27 at 100.00 BB+ 919,424
7,140   Total Health Care       8,005,103
    Housing/Single Family – 1.4%        
870   Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Refunding Series 2016A, 3.500%, 9/01/36   3/25 at 100.00 AA+ 905,339
230   Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2016C, 3.350%, 9/01/36   9/25 at 100.00 AA+ 240,286
425   Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2019A, 3.400%, 9/01/39   3/28 at 100.00 AA+ 450,334
    Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2021A:        
100   1.850%, 9/01/35   3/30 at 100.00 AA+ 97,412
100   1.950%, 9/01/37   3/30 at 100.00 AA+ 96,924
1,725   Total Housing/Single Family       1,790,295
    Long-Term Care – 3.4%        
    Nebraska Educational, Health, Cultural and Social Services Finance Authority, Revenue Bonds, Immanuel Retirement Communities Obligated Group, Series 2019A:        
3,500   4.000%, 1/01/44   1/26 at 102.00 AA 3,796,345
200   4.000%, 1/01/49   1/26 at 102.00 AA 215,724
220   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Three Pillars Senior Living Communities, Refunding Series 2013, 5.000%, 8/15/23   No Opt. Call BBB+ 240,370
3,920   Total Long-Term Care       4,252,439
    Tax Obligation/General – 34.7%        
    Adams County School District 18, Nebraska, General Obligation Bonds, Hastings Public Schools, Series 2019:        
600   4.000%, 12/15/38   5/29 at 100.00 Aa3 687,720
975   4.000%, 12/15/44   5/29 at 100.00 Aa3 1,099,156
      45

Nuveen Nebraska Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$500   Buffalo County School District 007 Kearney Public Schools, Nebraska, General Obligation Bonds, School Building Series 2016, 3.000%, 12/15/36   4/26 at 100.00 AA- $522,255
1,500   Dodge County School District 1 Fremont, Nebraska, General Obligation Bonds, Refunding Limited Tax Series 2019, 4.000%, 12/15/40   12/29 at 100.00 A+ 1,718,040
1,090   Douglas County School District 059, Nebraska, General Obligation Bonds, Bennington Public Schools, School Building Series 2019, 4.000%, 6/15/33   3/24 at 100.00 AA- 1,186,280
1,000   Douglas County School District 059, Nebraska, General Obligation Bonds, Bennington Public Schools, Series 2016, 3.375%, 12/15/41   12/25 at 100.00 AA- 1,059,570
1,500   Douglas County School District 059, Nebraska, General Obligation Bonds, School Building Series 2020B, 3.000%, 12/15/45   8/25 at 100.00 AA- 1,550,805
1,500   Douglas County School District 1, Nebraska, General Obligation Bonds, Omaha Public Schools Series 2020, 3.000%, 12/15/43   1/30 at 100.00 AA 1,609,515
750   Douglas County School District 10 Elkhorn, Nebraska, General Obligation Bonds, Series 2016, 4.000%, 12/15/36   12/25 at 100.00 AA- 870,127
1,000   Douglas County School District 10 Elkhorn, Nebraska, General Obligation Bonds, Series 2018, 4.000%, 12/15/38   12/28 at 100.00 AA- 1,149,390
750   Douglas County School District 10 Elkhorn, Nebraska, General Obligation Bonds, Series 2019, 4.000%, 12/15/39   12/29 at 100.00 AA- 869,917
    Douglas County School District 10 Elkhorn, Nebraska, General Obligation Bonds, Series 2020:        
430   4.000%, 12/15/39   12/30 at 100.00 AA- 505,839
400   4.000%, 12/15/40   12/30 at 100.00 AA- 469,096
1,360   Douglas County School District 17 Millard, Nebraska, General Obligation Bonds, Series 2020, 3.000%, 12/15/36   12/30 at 100.00 AA 1,523,662
    Lancaster County School District 1, Lincoln, Nebraska, General Obligation Bonds, Series 2020:        
3,240   5.000%, 1/15/30   No Opt. Call AAA 4,293,421
1,000   3.000%, 1/15/43   7/30 at 100.00 AAA 1,067,550
1,200   Massachusetts State, General Obligation Bonds, Refunding Series 2020D, 4.000%, 11/01/41   11/30 at 100.00 Aa1 1,424,412
195   Omaha, Nebraska, General Obligation Bonds, Convention Center Project, Series 2004, 5.250%, 4/01/26   No Opt. Call AA+ 240,244
500   Omaha, Nebraska, General Obligation Bonds, Refunding & Various Purpose Series 2017A, 4.000%, 4/15/33   4/27 at 100.00 AA+ 574,480
500   Omaha, Nebraska, General Obligation Bonds, Refunding & Various Purpose Series 2018A, 4.000%, 1/15/37   1/27 at 100.00 AA+ 561,995
1,000   Omaha, Nebraska, General Obligation Bonds, Refunding & Various Purpose Series 2019, 4.000%, 4/15/38   4/29 at 100.00 AA+ 1,163,180
    Omaha, Nebraska, General Obligation Bonds, Refunding & Various Purpose Series 2020A:        
380   4.000%, 4/15/31   4/30 at 100.00 AA+ 469,517
540   3.000%, 4/15/39   4/30 at 100.00 AA+ 581,240
500   Omaha, Nebraska, Special Tax Redevelopment Bonds, Series 2018A, 5.000%, 1/15/33   1/27 at 100.00 AA+ 607,915
46      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$1,000   Omaha, Nebraska, Special Tax Redevelopment Bonds, Series 2019A, 4.000%, 1/15/40   1/29 at 100.00 AA+ $1,155,320
    Omaha-Douglas Public Building Commission, Nebraska, General Obligation Bonds, Series 2020B:        
1,000   3.000%, 5/01/36   5/29 at 100.00 AA+ 1,080,390
1,280   4.000%, 5/01/43   5/29 at 100.00 AA+ 1,480,538
    Papillion-LaVista School District 27, Sarpy County, Nebraska, General Obligation Bonds, Refunding Series 2020B:        
750   4.000%, 12/01/35   12/30 at 100.00 Aa2 897,645
1,000   3.000%, 12/01/40   12/30 at 100.00 Aa2 1,071,480
750   Sarpy County School District 037 Gretna Public Schools, Nebraska, General Obligation Bonds, Refunding Series 2019C, 4.000%, 6/15/43   6/29 at 100.00 AA- 864,525
    Sarpy County School District 037 Gretna Public Schools, Nebraska, General Obligation Bonds, Series 2019:        
1,000   5.000%, 6/15/40   6/29 at 100.00 AA- 1,237,160
1,000   5.000%, 6/15/41   6/29 at 100.00 AA- 1,234,340
    Sarpy County School District 037 Gretna Public Schools, Nebraska, General Obligation Bonds, Series 2020B:        
750   3.000%, 12/15/43   12/25 at 100.00 AA- 799,402
750   3.000%, 12/15/44   12/25 at 100.00 AA- 798,638
    Sarpy County School District 1, Bellevue Public School, Nebraska, General Obligation Bonds, School Building Series 2017:        
550   5.000%, 12/15/29   12/27 at 100.00 Aa3 695,008
500   5.000%, 12/15/35   12/27 at 100.00 Aa3 619,715
1,000   Sarpy County School District 1, Bellevue Public School, Nebraska, General Obligation Bonds, School Building Series 2020, 4.000%, 12/15/40   12/30 at 100.00 Aa3 1,188,350
    Saunders County School District 1, Ashland-Greenwood, Nebraska, General Obligation Bonds, Series 2021:        
500   3.000%, 12/15/42   12/30 at 100.00 A+ 545,365
2,000   3.000%, 12/15/50   12/30 at 100.00 A+ 2,131,700
    Southeast Community College Area, Nebraska, Certificates of Participation, Series 2018:        
215   5.000%, 12/15/30   6/28 at 100.00 Aa1 271,926
1,000   5.000%, 12/15/47   6/28 at 100.00 Aa1 1,203,710
37,455   Total Tax Obligation/General       43,080,538
    Tax Obligation/Limited – 5.2%        
500   Columbus, Nebraska, Sales Tax Revenue Bonds, Police & Fire Project, Series 2018, 4.000%, 9/15/27   9/23 at 100.00 A 539,935
265   Government of Guam, Business Privilege Tax Bonds, Series 2011A, 5.125%, 1/01/42   1/22 at 100.00 BB 271,042
430   Grand Island, Nebraska, Highway Allocation Fund Pledge Bonds, Series 2020, 3.000%, 11/15/30   11/25 at 100.00 Aa2 462,848
500   Omaha Public Facilities Corporation, Nebraska, Lease Revenue Bonds, Omaha Baseball Stadium Project, Series 2016, 4.000%, 6/01/36   6/26 at 100.00 AA+ 556,290
      47

Nuveen Nebraska Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
$1,000   Omaha Public Facilities Corporation, Nebraska, Lease Revenue Bonds, Series 2020B, 3.000%, 4/15/40   4/30 at 100.00 AA+ $1,086,710
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
750   4.550%, 7/01/40   7/28 at 100.00 N/R 817,537
800   4.750%, 7/01/53   7/28 at 100.00 N/R 873,144
600   5.000%, 7/01/58   7/28 at 100.00 N/R 664,524
1,000   Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Series 2018, 5.000%, 7/01/58   7/28 at 100.00 BBB+ 1,150,040
5,845   Total Tax Obligation/Limited       6,422,070
    Transportation – 4.2%        
    Guam International Airport Authority, Revenue Bonds, Series 2013C:        
500   6.000%, 10/01/34  –  AGM Insured (AMT)   10/23 at 100.00 AA 548,885
165   6.375%, 10/01/43 (AMT)   10/23 at 100.00 Baa2 176,220
70   Hawaii State, Harbor System Revenue Bonds, Series 2020A, 4.000%, 7/01/36 (AMT)   7/30 at 100.00 Aa3 81,478
825   Lincoln, Nebraska, Airport Revenue Bonds, Series 2015A, 4.000%, 7/01/45   7/25 at 100.00 Aa1 887,683
    Omaha Airport Authority, Nebraska, Airport Facilities Revenue Refunding Bonds, Series 2017A:        
1,000   5.000%, 12/15/34 (AMT)   12/26 at 100.00 Aa3 1,168,780
1,000   5.000%, 12/15/36 (AMT)   12/26 at 100.00 Aa3 1,164,170
1,000   Phoenix Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Junior Lien Series 2019A, 5.000%, 7/01/49   7/29 at 100.00 A1 1,214,330
4,560   Total Transportation       5,241,546
    U.S. Guaranteed – 12.7% (4)        
500   Adams County School District 18, Nebraska, General Obligation Bonds, Hastings Public Schools, Series 2017, 4.500%, 12/15/44 (Pre-refunded 1/31/22)   1/22 at 100.00 Aa3 519,995
    Colfax County School District 123 Schuyler Community Schools, Nebraska, General Obligation Bonds, Refunding Series 2019:        
500   4.000%, 12/15/36 (Pre-refunded 5/22/24)   5/24 at 100.00 A1 556,545
500   4.000%, 12/15/39 (Pre-refunded 5/22/24)   5/24 at 100.00 A1 556,545
    Lincoln County Hospital Authority 1, Nebraska, Hospital Revenue and Refunding Bonds, Great Plains Regional Medical Center Project, Series 2012:        
1,000   4.000%, 11/01/37 (Pre-refunded 11/01/21)   11/21 at 100.00 A 1,024,380
2,800   5.000%, 11/01/42 (Pre-refunded 11/01/21)   11/21 at 100.00 A 2,886,828
2,460   Lincoln- West Haymarket Joint Public Agency, Nebraska, General Obligation Facility Bonds, Series 2011, 5.000%, 12/15/42 (Pre-refunded 12/15/21)   12/21 at 100.00 AAA 2,554,292
    Omaha, Nebraska, General Obligation Bonds, Refunding & Various Purpose Series 2013A:        
715   4.500%, 11/15/28 (Pre-refunded 11/15/23)   11/23 at 100.00 AA+ 797,003
365   4.500%, 11/15/29 (Pre-refunded 11/15/23)   11/23 at 100.00 AA+ 406,862
48      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (4) (continued)        
$1,395   Omaha, Nebraska, Sanitary Sewage System Revenue Bonds, Series 2011, 4.250%, 11/15/41 (Pre-refunded 11/15/21)   11/21 at 100.00 AA $1,435,455
500   Papio-Missouri River Natural Resources District, Nebraska, Flood Protection and Water Quality Enhancement Revenue Bonds, Series 2017, 4.000%, 12/15/31 (Pre-refunded 6/15/22)   6/22 at 100.00 AA 524,855
750   Platte County School District 001, Columbus Public Schools, Nebraska, General Obligation Bonds, School Building Series 2014, 5.000%, 12/15/39 (Pre-refunded 6/15/24)   6/24 at 100.00 Aa2 863,580
500   Scotts Bluff County School District 16, Nebraska, General Obligation Bonds, Gering Public Schools Series 2017, 5.000%, 12/01/46 (Pre-refunded 5/30/22)   5/22 at 100.00 A1 529,945
600   University of Nebraska, Revenue Bonds, Omaha Student Housing Project, Refunding Series 2017A, 5.000%, 5/15/32 (Pre-refunded 11/15/27)   11/27 at 100.00 Aa1 764,136
1,000   University of Nebraska, Revenue Bonds, Refunding Lincoln Student Fees and Facilities Series 2011, 5.000%, 7/01/42 (Pre-refunded 1/01/22)   1/22 at 100.00 Aa1 1,040,500
1,125   University of Nebraska, Revenue Bonds, Refunding Omaha Student Health & Recreation Project Series 2016B, 3.000%, 5/15/30 (Pre-refunded 5/15/26)   5/26 at 100.00 Aa1 1,261,249
14,710   Total U.S. Guaranteed       15,722,170
    Utilities – 22.6%        
800   Central Plains Energy Project, Nebraska, Gas Project 1 Revenue Bonds, Series 2007A, 5.250%, 12/01/21   No Opt. Call A2 829,224
465   Central Plains Energy Project, Nebraska, Gas Project 3 Revenue Bonds, Refunding Crossover Series 2017A, 5.000%, 9/01/37   No Opt. Call A 637,097
2,350   Central Plains Energy Project, Nebraska, Gas Project 3 Revenue Bonds, Series 2012, 5.000%, 9/01/42   9/22 at 100.00 A2 2,503,525
    Columbus, Nebraska, Combined Revenue Bonds, Refunding Series 2020:        
375   4.000%, 6/15/34   6/30 at 100.00 AA 443,235
400   4.000%, 6/15/35   6/30 at 100.00 AA 471,676
1,500   Fremont, Nebraska, Combined Utilities System Revenue Bonds, Series 2014B, 5.000%, 7/15/34   7/21 at 100.00 AA- 1,528,245
    Grand Island, Nebraska, Combined Utilities Revenue Bonds, Refunding Series 2020A:        
750   4.000%, 8/15/35  –  AGM Insured   8/30 at 100.00 AA 891,022
800   4.000%, 8/15/37  –  AGM Insured   8/30 at 100.00 AA 943,880
1,930   Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Refunding Series 2017, 5.000%, 7/01/40   7/27 at 100.00 A- 2,222,376
235   Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34   10/22 at 100.00 BBB 244,760
870   Lincoln, Nebraska, Electric System Revenue Bonds, Series 2018, 5.000%, 9/01/34   3/27 at 100.00 AA 1,060,486
435   Lincoln, Nebraska, Electric System Revenue Bonds, Series 2020A, 5.000%, 9/01/33   3/30 at 100.00 AA 573,461
500   Metropolitan Utilities District Omaha, Nebraska, Water Revenue Bonds, Series 2015, 3.250%, 12/01/32   12/25 at 100.00 Aa2 538,630
110   Municipal Energy Agency of Nebraska, Power Supply System Revenue Bonds, Refunding Series 2012A, 5.000%, 4/01/31   4/22 at 100.00 A+ 114,906
1,850   Nebraska Public Power District, General Revenue Bonds, Series 2012A, 5.000%, 1/01/34   1/22 at 100.00 A+ 1,913,418
1,500   Nebraska Public Power District, General Revenue Bonds, Series 2016A, 5.000%, 1/01/41   1/26 at 100.00 A+ 1,751,730
      49

Nuveen Nebraska Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
$500   Omaha Public Power District, Nebraska, Electric System Revenue Bonds, Refunding Series 2015C, 4.000%, 2/01/38   2/25 at 100.00 AA $549,545
1,000   Omaha Public Power District, Nebraska, Electric System Revenue Bonds, Refunding Series 2016A, 4.000%, 2/01/38   2/26 at 100.00 AA 1,112,990
1,000   Omaha Public Power District, Nebraska, Electric System Revenue Bonds, Series 2017A, 5.000%, 2/01/42   12/27 at 100.00 AA 1,213,950
1,000   Omaha Public Power District, Nebraska, Electric System Revenue Bonds, Series 2018A, 5.000%, 2/01/39   2/28 at 100.00 AA 1,226,130
320   Omaha Public Power District, Nebraska, Separate Electric System Revenue Bonds, Nebraska City 2, Refunding Series 2015A, 3.500%, 2/01/42   2/25 at 100.00 A+ 334,320
1,500   Omaha, Nebraska, Sanitary Sewage System Revenue Bonds, Refunding Series 2019, 4.000%, 4/01/39   4/29 at 100.00 AA 1,740,390
    Omaha, Nebraska, Sanitary Sewage System Revenue Bonds, Refunding Series 2020A:        
440   4.000%, 4/01/38   4/30 at 100.00 AA 519,688
370   4.000%, 4/01/39   4/30 at 100.00 AA 435,701
300   4.000%, 4/01/40   4/30 at 100.00 AA 352,440
1,000   Public Power Generation Agency, Nebraska, Whelan Energy Center Unit 2 Revenue Bonds, Refunding Series 2015A, 5.000%, 1/01/31   1/25 at 100.00 A2 1,149,640
1,500   Public Power Generation Agency, Nebraska, Whelan Energy Center Unit 2 Revenue Bonds, Refunding Series 2016A, 5.000%, 1/01/40   7/26 at 100.00 A2 1,771,590
800   Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2020A, 5.000%, 7/01/30, 144A   No Opt. Call N/R 953,792
24,600   Total Utilities       28,027,847
$106,445   Total Long-Term Investments (cost $114,906,390)       119,554,589
    Other Assets Less Liabilities – 3.7%       4,622,368
    Net Assets – 100%       $124,176,957
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
50      

Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Municipal Bonds $ — $119,554,589 $ — $119,554,589
    
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
(4) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
AMT Alternative Minimum Tax  
      51

Nuveen Oregon Intermediate Municipal Bond Fund
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 97.0%        
    MUNICIPAL BONDS – 97.0%        
    Education and Civic Organizations – 4.8%        
$2,500   Forest Grove, Oregon, Campus Improvement Revenue Bonds, Pacific University Project, Refunding Series 2014A, 4.500%, 5/01/29   5/22 at 100.00 BBB $2,571,350
1,095   Forest Grove, Oregon, Campus Improvement Revenue Bonds, Pacific University Project, Refunding Series 2015A, 5.000%, 5/01/30   5/25 at 100.00 BBB 1,213,895
    Forest Grove, Oregon, Student Housing Revenue Bonds, Oak Tree Foundation, Inc Project, Series 2017:        
350   5.000%, 3/01/23   No Opt. Call BBB- 369,117
440   5.000%, 3/01/24   No Opt. Call BBB- 473,554
405   5.000%, 3/01/25   No Opt. Call BBB- 442,803
1,270   Oregon Department of Administrative Services, State Lottery Revenue Bonds, Refunding Series 2014B, 5.000%, 4/01/27   4/24 at 100.00 AAA 1,444,231
120   Oregon Facilities Authority, Revenue Bonds, Howard Street Charter School Project, Series 2019A, 5.000%, 6/15/29, 144A   6/27 at 102.00 N/R 133,516
920   Oregon Facilities Authority, Revenue Bonds, Metro East Web Academy Project, Series 2019A, 5.000%, 6/15/34, 144A   6/27 at 102.00 N/R 998,384
100   Oregon Facilities Authority, Revenue Bonds, Redmond Proficiency Academy Project, Series 2015A, 5.500%, 6/15/35, 144A   6/25 at 100.00 N/R 107,602
600   Oregon Facilities Authority, Revenue Bonds, Redmond Proficiency Academy Project, Series 2016A, 5.000%, 6/15/33   6/25 at 100.00 N/R 635,748
    Oregon Facilities Authority, Revenue Bonds, Reed College, Series 2017A:        
795   5.000%, 7/01/30   7/27 at 100.00 Aa2 975,688
400   4.000%, 7/01/32   7/27 at 100.00 Aa2 460,176
    Oregon Facilities Authority, Revenue Bonds, University of Portland Projects, Series 2015A:        
450   5.000%, 4/01/29   4/25 at 100.00 A 511,461
700   5.000%, 4/01/30   4/25 at 100.00 A 793,436
210   Oregon Facilities Authority, Revenue Bonds, Willamette University, Refunding Series 2010A, 4.000%, 10/01/24   3/21 at 100.00 A- 210,487
    Yamhill County, Oregon, Revenue Bonds, Linfield University Project, Refunding Series 2020A:        
850   4.000%, 10/01/23   No Opt. Call Baa2 909,424
1,000   5.000%, 10/01/35   10/30 at 100.00 Baa2 1,206,930
12,205   Total Education and Civic Organizations       13,457,802
    Health Care – 13.1%        
1,035   Astoria Hospital Facilities Authority, Oregon, Hospital Revenue and Refunding Bonds, Columbia Memorial Hospital, Series 2012, 5.000%, 8/01/23   8/22 at 100.00 A- 1,098,859
52      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Deschutes County Hospital Facility Authority, Oregon, Hospital Revenue Bonds, Saint Charles Health System, Inc, Series 2016A:        
$375   4.000%, 1/01/33   1/26 at 100.00 A+ $411,172
1,000   5.000%, 1/01/33   1/26 at 100.00 A+ 1,154,900
    Deschutes County Hospital Facility Authority, Oregon, Hospital Revenue Bonds, Saint Charles Health System, Inc, Series 2020A:        
350   5.000%, 1/01/29   No Opt. Call A+ 442,736
715   4.000%, 1/01/34   1/31 at 100.00 A+ 839,389
    Klamath Falls Intercommunity Hospital Authority, Oregon, Revenue Bonds, Sky Lakes Medical Center Project, Refunding Series 2016:        
265   5.000%, 9/01/28   9/26 at 100.00 A 310,498
730   5.000%, 9/01/29   9/26 at 100.00 A 850,180
200   5.000%, 9/01/30   9/26 at 100.00 A 232,048
600   5.000%, 9/01/31   9/26 at 100.00 A 692,106
270   5.000%, 9/01/32   9/26 at 100.00 A 310,454
500   Klamath Falls Intercommunity Hospital Authority, Oregon, Revenue Bonds, Sky Lakes Medical Center Project, Series 2012, 4.000%, 9/01/24   9/22 at 100.00 A 521,930
1,870   Medford Hospital Facilities Authority, Oregon, Hospital Revenue Bonds, Asante Health System, Refunding Series 2020A, 5.000%, 8/15/33   8/30 at 100.00 A+ 2,420,696
1,000   Oregon Facilities Authority, Revenue Bonds, Legacy Health Project, Series 2016A, 5.000%, 6/01/30   6/26 at 100.00 A+ 1,183,260
    Oregon Facilities Authority, Revenue Bonds, Peacehealth System, Refunding Series 2014A:        
690   5.000%, 11/15/25   5/24 at 100.00 AA- 781,080
4,155   4.125%, 11/15/32   5/24 at 100.00 AA- 4,453,911
1,815   Oregon Facilities Authority, Revenue Bonds, Providence Health & Services, Series 2013A, 5.000%, 10/01/23   No Opt. Call AA- 2,023,725
600   Oregon Facilities Authority, Revenue Bonds, Samaritan Health Services Project, Refunding Series 2020A, 5.000%, 10/01/30   No Opt. Call BBB+ 774,936
    Oregon Facilities Authority, Revenue Bonds, Samaritan Health Services, Refunding Series 2016A:        
485   5.000%, 10/01/29   10/26 at 100.00 BBB+ 575,870
1,325   5.000%, 10/01/30   10/26 at 100.00 BBB+ 1,566,070
    Oregon Health and Science University, Revenue Bonds, Refunding Series 2012A:        
925   5.000%, 7/01/25   7/22 at 100.00 AA- 978,363
1,195   5.000%, 7/01/26   7/22 at 100.00 AA- 1,262,171
4,000   Oregon Health and Science University, Revenue Bonds, Refunding Series 2016B, 5.000%, 7/01/33   7/26 at 100.00 AA- 4,728,240
    Oregon Health and Science University, Revenue Bonds, Series 2019A:        
1,070   5.000%, 7/01/29   No Opt. Call AA- 1,397,709
1,000   5.000%, 7/01/30   1/30 at 100.00 AA- 1,310,260
500   5.000%, 7/01/31   1/30 at 100.00 AA- 651,800
      53

Nuveen Oregon Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Salem Hospital Facility Authority, Oregon, Revenue Bonds, Salem Health Project, Refunding Series 2016A:        
$1,355   5.000%, 5/15/29   5/26 at 100.00 AA- $1,610,919
560   5.000%, 5/15/30   5/26 at 100.00 AA- 662,189
1,000   5.000%, 5/15/31   5/26 at 100.00 AA- 1,178,720
2,000   Salem Hospital Facility Authority, Oregon, Revenue Bonds, Salem Health Projects, Series 2019A, 5.000%, 5/15/32   5/29 at 100.00 AA- 2,525,620
31,585   Total Health Care       36,949,811
    Housing/Multifamily – 0.8%        
    Clackamas County Housing Authority, Oregon, Multifamily Housing Revenue Bonds, Easton Ridge Apartments Project, Series 2013A:        
285   4.000%, 9/01/22   No Opt. Call Aa2 299,435
195   4.000%, 9/01/23   3/23 at 100.00 Aa2 207,581
340   Home Forward, Oregon, Multifamily Housing Revenue Bonds, Lovejoy Station Apartments, Refunding Series 2016, 4.000%, 7/15/29   7/26 at 100.00 Aa2 380,120
1,000   Oregon Facilities Authority, Revenue Bonds, College Housing Northwest Projects, Refunding Series 2013, 5.000%, 10/01/24   10/23 at 100.00 BBB- 1,074,290
30   Oregon Housing and Community Services Department, Multifamily Housing Revenue Bonds, Refunding Series 2010A, 4.250%, 7/01/21 (AMT)   3/21 at 100.00 Aaa 30,049
305   Portland Housing Authority, Oregon, Housing Revenue Bonds, Yards at Union Station Project, Refunding Series 2007, 4.750%, 5/01/22 (AMT)   3/21 at 100.00 Aa2 305,921
2,155   Total Housing/Multifamily       2,297,396
    Information Technology – 0.9%        
2,375   Oregon State Business Development Commission, Recovery Zone Facility Revenue Bonds, Intel Corporation Project, 232 Series 2010, 2.400%, 12/01/40 (Mandatory Put 8/14/23)   No Opt. Call A+ 2,485,081
    Long-Term Care – 3.9%        
    Clackamas County Hospital Facility Authority, Oregon, Revenue Bonds, Rose Villa Inc, Series 2020A:        
285   5.000%, 11/15/27   11/25 at 102.00 N/R 315,216
300   5.000%, 11/15/28   11/25 at 102.00 N/R 330,255
315   5.000%, 11/15/29   11/25 at 102.00 N/R 345,152
330   5.000%, 11/15/30   11/25 at 102.00 N/R 360,518
54      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Long-Term Care (continued)        
    Clackamas County Hospital Facility Authority, Oregon, Senior Living Revenue Bonds, Willamette View Project, Series 2017A:        
$525   4.000%, 5/15/24   No Opt. Call N/R $550,898
445   4.000%, 11/15/24   No Opt. Call N/R 470,232
355   4.000%, 5/15/25   No Opt. Call N/R 376,836
460   4.000%, 11/15/25   No Opt. Call N/R 491,478
200   4.000%, 5/15/26   11/25 at 102.00 N/R 213,638
400   4.000%, 11/15/26   11/25 at 102.00 N/R 429,712
350   4.000%, 5/15/27   11/25 at 102.00 N/R 376,852
350   4.000%, 11/15/27   11/25 at 102.00 N/R 378,833
450   Medford Hospital Facilities Authority, Oregon, Revenue Bonds, Rogue Valley Manor, Series 2013A, 5.000%, 10/01/24   10/23 at 100.00 A- 493,789
1,500   Multnomah County Hospital Facilities Authority, Oregon, Revenue Bond, Terwilliger Plaza, Inc, Refunding Series 2012, 5.000%, 12/01/29   12/22 at 100.00 BBB 1,573,140
325   Multnomah County Hospital Facilities Authority, Oregon, Revenue Bond, Terwilliger Plaza, Inc, Refunding Series 2016, 5.000%, 12/01/30   12/26 at 100.00 BBB 372,921
575   Multnomah County Hospital Facilities Authority, Oregon, Revenue Bonds, Mirabella South Waterfront, Refunding Series 2014A, 5.000%, 10/01/24   No Opt. Call N/R 612,611
1,040   Polk County Hospital Facility Authority, Oregon, Revenue Bonds, Dallas Retirement Village Project, Series 2015A, 5.125%, 7/01/35   7/25 at 100.00 N/R 1,074,757
    Salem Hospital Facility Authority, Oregon, Revenue Bonds, Capital Manor, Inc, Refunding Series 2012:        
235   5.000%, 5/15/22   No Opt. Call BBB 240,525
550   5.750%, 5/15/27   5/22 at 100.00 BBB 575,514
1,150   Yamhill County Hospital Authority, Oregon, Revenue Bonds, Friendsview Retirement Community, Refunding Series 2016A, 5.000%, 11/15/31   11/24 at 102.00 N/R 1,244,668
10,140   Total Long-Term Care       10,827,545
    Tax Obligation/General – 42.6%        
1,365   Beaverton School District 48J, Washington and Multnomah Counties, Oregon, General Obligation Bonds, Convertible Deferred Interest Series 2017D, 5.000%, 6/15/26   No Opt. Call AA+ 1,672,180
    Benton and Linn Counties District School District 509J Corvallis, Oregon, General Obligation Bonds, Series 2018A:        
350   5.000%, 6/15/26   No Opt. Call AA+ 429,174
2,835   5.000%, 6/15/27   No Opt. Call AA+ 3,577,968
    Benton and Linn Counties District School District 509J Corvallis, Oregon, General Obligation Bonds, Series 2020:        
625   4.000%, 6/15/31   6/29 at 100.00 Aa1 771,569
500   4.000%, 6/15/34   6/29 at 100.00 Aa1 607,130
750   4.000%, 6/15/35   6/29 at 100.00 Aa1 907,830
500   Central Oregon Community College District, Crook, Jefferson, Deschutes, Klamath, Lake, and Wasco Counties, Oregon, General Obligation Bonds, Series 2014, 5.000%, 6/01/29   6/24 at 100.00 AA 570,330
      55

Nuveen Oregon Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$1,100   Chemeketa Community College District, Oregon, General Obligation Bonds, Refunding Series 2014, 5.000%, 6/15/26   6/24 at 100.00 AA+ $1,261,392
200   Clackamas and Multnomah Counties School District 7J Lake Oswego, Oregon, General Obligation Bonds, Refunding Series 2005, 5.250%, 6/01/25  –  AGM Insured   No Opt. Call Aa1 239,688
1,640   Clackamas and Multnomah Counties School District 7J Lake Oswego, Oregon, General Obligation Bonds, Series 2017, 4.000%, 6/01/32   6/27 at 100.00 AA+ 1,899,005
1,250   Clackamas and Washington Counties School District 3JT, Oregon, General Obligation Bonds, Refunding Series 2015, 5.000%, 6/15/28   6/25 at 100.00 AA+ 1,479,812
    Clackamas County School District 12, North Clackamas, Oregon, General Obligation Bonds, Series 2017B:        
1,000   5.000%, 6/15/30   6/27 at 100.00 AA+ 1,234,790
2,000   5.000%, 6/15/33   6/27 at 100.00 AA+ 2,442,960
    Clackamas County School District 12, North Clackamas, Oregon, General Obligation Bonds, Series 2018:        
585   5.000%, 6/15/31   6/28 at 100.00 Aa1 737,802
550   5.000%, 6/15/32   6/28 at 100.00 Aa1 690,701
1,500   Clackamas County School District 46 Oregon Trail, Oregon, General Obligation Bonds, Refunding Series 2017, 5.000%, 6/15/30   6/27 at 100.00 AA+ 1,852,185
570   Clackamas County School District 62, Oregon City, Oregon, General Obligation Bonds, Refunding Series 2018B, 5.000%, 6/15/33   6/28 at 100.00 AA+ 715,390
    Clackamas County School District 86, Oregon, General Obligation Bonds, Refunding Series 2020A:        
775   4.000%, 6/15/33   6/30 at 100.00 Aa1 942,586
560   4.000%, 6/15/34   6/30 at 100.00 Aa1 677,292
500   Clatsop County School District 1C Astoria, Oregon, General Obligation Bonds, Series 2019B, 5.000%, 6/15/30   6/29 at 100.00 Aa1 648,465
500   Clatsop County, Oregon, General Obligation Bonds, Series 2019, 5.000%, 6/15/31   6/29 at 100.00 Aa2 646,710
450   Columbia County School District 502 Saint Helens, Oregon, General Obligation Bonds, Series 2017, 5.000%, 6/15/33   6/27 at 100.00 Aa1 549,666
    Coos County School District 9 Coos Bay, Oregon, General Obligation Bonds, Series 2020:        
185   5.000%, 6/15/31   6/30 at 100.00 AA+ 244,890
430   5.000%, 6/15/33   6/30 at 100.00 AA+ 565,798
765   5.000%, 6/15/34   6/30 at 100.00 AA+ 1,002,663
1,000   David Douglas School District 40, Multnomah County, Oregon, General Obligation Bonds, Series 2012B, 0.000%, 6/15/25   No Opt. Call AA+ 965,780
3,055   Deschutes and Jefferson Counties School District 2J Redmond, Oregon, General Obligation Bonds, Series 2008B, 0.000%, 6/15/22   No Opt. Call Aa1 3,043,544
56      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Deschutes and Jefferson Counties School District 2J Redmond, Oregon, General Obligation Bonds, Series 2021:        
$300   4.000%, 6/15/32   6/31 at 100.00 Aa1 $374,889
485   4.000%, 6/15/33   6/31 at 100.00 Aa1 600,852
375   4.000%, 6/15/34   6/31 at 100.00 Aa1 462,142
300   4.000%, 6/15/35   6/31 at 100.00 Aa1 368,445
300   4.000%, 6/15/36   6/31 at 100.00 Aa1 367,806
380   4.000%, 6/15/37   6/31 at 100.00 Aa1 463,976
2,000   Greater Albany School District 8J, Linn & Benton Counties, Oregon, General Obligation Bonds, Series 2017, 5.000%, 6/15/32   6/27 at 100.00 AA+ 2,457,820
2,825   Hood River County School District, Oregon, General Obligation Bonds, Refunding Series 2016, 4.000%, 6/15/29   6/26 at 100.00 AA+ 3,250,699
    Jackson County School District 5 Ashland, Oregon, General Obligation Bonds, Series 2019:        
2,120   5.000%, 6/15/31   6/29 at 100.00 AA+ 2,745,930
2,260   5.000%, 6/15/32   6/29 at 100.00 AA+ 2,913,321
1,620   5.000%, 6/15/33   6/29 at 100.00 AA+ 2,079,578
1,250   Jackson County School District 549C, Oregon, General Obligation Bonds, Refunding Series 2015, 5.000%, 12/15/28   6/25 at 100.00 AA+ 1,476,900
    Jackson County School District 6, Central Point, Oregon, General Obligation Bonds, Series 2019A:        
1,675   4.000%, 6/15/34   6/29 at 100.00 Aa1 1,976,182
1,700   4.000%, 6/15/35   6/29 at 100.00 Aa1 1,998,537
415   Keizer, Oregon, General Obligation Assessment Bonds, Keizer Station Area A Local Improvement District, Series 2008, 5.200%, 6/01/31   3/21 at 100.00 Aa3 416,465
    Lake County School District 52 Bethel, Oregon, General Obligation Bonds, Series 2021B:        
400   4.000%, 6/15/34   6/31 at 100.00 Aa1 495,096
750   4.000%, 6/15/35   6/31 at 100.00 Aa1 923,512
1,200   Lake Oswego, Oregon, General Obligation Bonds, Refunding Full Faith & Credit Series 2017, 4.000%, 12/01/31   12/27 at 100.00 AAA 1,411,008
2,000   Lane Community College, Oregon, General Obligation Bonds, Series 2020A, 4.000%, 6/15/34   6/30 at 100.00 Aa1 2,428,520
1,105   Lane County School District 4J Eugene, Oregon, General Obligation Bonds, Series 2019, 4.000%, 6/15/35   6/29 at 100.00 Aa1 1,309,359
510   Lebanon Rural Fire Protection District, Linn County, Oregon, General Obligation Bonds, Series 2020, 4.000%, 6/15/33  –  BAM Insured   6/27 at 100.00 AA 580,722
205   Linn and Marion Counties School District 129J Santiam Canyon, Oregon, General Obligation Bonds, Series 2019, 5.000%, 6/15/34   6/29 at 100.00 AA+ 259,477
    Marion and Polk Counties School District 24J, Salem-Kreizer, Oregon, General Obligation Bonds, Convertible Deferred Interest Series 2020B:        
1,135   0.000%, 6/15/32   6/30 at 100.00 AA+ 1,466,897
1,000   0.000%, 6/15/33 (4)   6/30 at 100.00 AA+ 1,286,410
      57

Nuveen Oregon Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Marion and Polk Counties School District 24J, Salem-Kreizer, Oregon, General Obligation Bonds, Series 2018:        
$1,500   5.000%, 6/15/31   6/28 at 100.00 AA+ $1,897,770
2,000   5.000%, 6/15/33   6/28 at 100.00 AA+ 2,510,140
    Marion County School District 103 Woodburn, Oregon, General Obligation Bonds, Series 2015:        
1,000   5.000%, 6/15/27   6/25 at 100.00 Aa1 1,175,030
1,000   5.000%, 6/15/33   6/25 at 100.00 Aa1 1,161,270
1,000   Marion County School District 15 North Marion, Oregon, General Obligation Bonds, Series 2018B, 5.000%, 6/15/31   6/28 at 100.00 AA+ 1,260,400
2,500   Metro, Oregon, General Obligation Bonds, Series 2020A, 4.000%, 6/01/34   6/30 at 100.00 AAA 3,045,950
    Multnomah County School District 7, Reynolds, Oregon, General Obligation Bonds, Refunding Series 2020:        
200   4.000%, 6/01/32   6/30 at 100.00 Aa3 242,928
135   4.000%, 6/01/33   6/30 at 100.00 Aa3 163,203
250   3.000%, 6/01/34   6/30 at 100.00 Aa3 275,090
    Multnomah County School District 7, Reynolds, Oregon, General Obligation Bonds, Series 2015A:        
1,500   5.000%, 6/15/29   6/25 at 100.00 Aa1 1,766,715
2,250   5.000%, 6/15/30   6/25 at 100.00 Aa1 2,650,072
1,190   Nestucca Valley School District 101, Tillamook & Yamhill Counties, Oregon, General Obligation Bonds, Series 2018B Current Interest, 5.000%, 6/15/29   6/28 at 100.00 AA+ 1,517,821
    Oregon City, Oregon, General Obligation Bonds, Series 2018:        
350   5.000%, 6/01/30   6/28 at 100.00 AA+ 442,649
765   5.000%, 6/01/31   6/28 at 100.00 AA+ 960,358
25   Oregon State, General Obligation Bonds, Alternative Energy Series 2011B, 5.000%, 1/01/23 (AMT)   3/21 at 100.00 AA+ 25,054
2,255   Oregon State, General Obligation Bonds, Article XI-Q State Projects, Refunding Series 2016G, 5.000%, 11/01/29   5/26 at 100.00 AA+ 2,722,281
    Pacific Communities Health District, Oregon, General Obligation Bonds, Series 2016:        
325   5.000%, 6/01/27   6/26 at 100.00 A1 392,109
350   5.000%, 6/01/28   6/26 at 100.00 A1 419,689
750   5.000%, 6/01/29   6/26 at 100.00 A1 894,262
1,000   5.000%, 6/01/30   6/26 at 100.00 A1 1,186,190
770   5.000%, 6/01/31   6/26 at 100.00 A1 910,363
1,210   Phoenix-Talent School District 4, Jackson County, Oregon, General Obligation Bonds, Current Interest Series 2018B, 5.000%, 6/15/32   6/28 at 100.00 AA+ 1,510,963
    Port of Alsea, Lincoln County, Oregon, General Obligation Bonds, Series 2018:        
225   3.750%, 6/15/28   No Opt. Call N/R 245,079
180   4.000%, 6/15/33   6/28 at 100.00 N/R 199,055
58      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
$900   Portland Community College District, Multnomah County, Oregon, General Obligation Bonds, Refunding Series 2016, 5.000%, 6/15/29   6/26 at 100.00 AA+ $1,090,539
    Portland Community College District, Multnomah County, Oregon, General Obligation Bonds, Series 2018:        
1,500   5.000%, 6/15/29   6/26 at 100.00 AA+ 1,817,565
1,000   5.000%, 6/15/30   6/26 at 100.00 AA+ 1,209,990
2,235   Portland, Oregon, General Obligation Bonds, Sellwood Bridge Project, Series 2014A, 5.000%, 6/01/28   6/24 at 100.00 Aaa 2,559,500
340   Redmond, Oregon, Full Faith and Credit Obligations, Refunding Series 2012A, 4.000%, 6/01/25   6/22 at 100.00 Aa3 354,688
350   Redmond, Oregon, Full Faith and Credit Obligations, Series 2014A, 5.000%, 6/01/25   6/24 at 100.00 Aa3 400,204
630   Redmond, Oregon, Full Faith and Credit Obligations, Series 2019B-1, 5.000%, 6/01/36   12/28 at 100.00 Aa3 780,041
500   Rogue Community College District, Jackson and Josephine Counties, Oregon, General Obligation Bonds, Jackson County Service Area, Series 2016B, 4.000%, 6/15/31   6/26 at 100.00 Aa1 569,030
800   Salem-Keizer School District 24J, Marion and Polk Counties, Oregon, General Obligation Bonds, Series 2009B, 0.000%, 6/15/22   No Opt. Call AA+ 796,800
    Sherwood, Oregon, General Obligation Bonds, Refunding Full Faith & Credit Series 2021:        
605   4.000%, 6/01/31 (WI/DD, Settling 3/04/21)   6/30 at 100.00 Aa2 747,605
650   4.000%, 6/01/32 (WI/DD, Settling 3/04/21)   6/30 at 100.00 Aa2 798,876
675   4.000%, 6/01/33 (WI/DD, Settling 3/04/21)   6/30 at 100.00 Aa2 825,680
330   4.000%, 6/01/34 (WI/DD, Settling 3/04/21)   6/30 at 100.00 Aa2 402,026
    Umatilla County School District 6R Umatilla, Oregon, General Obligation Bonds, Series 2017:        
245   0.000%, 6/15/27 (4)   No Opt. Call AA+ 276,002
340   0.000%, 6/15/29 (4)   6/27 at 100.00 AA+ 377,284
315   0.000%, 6/15/31 (4)   6/27 at 100.00 AA+ 346,881
1,000   Umatilla County School District R61Stanfield, Oregon, General Obligation Bonds, Series 2019, 4.000%, 6/15/34   6/29 at 100.00 AA+ 1,192,600
1,250   Washington and Clackamas Counties School District 23J Tigard-Tualatin, Oregon, General Obligation Bonds, Series 2017, 5.000%, 6/15/30   6/27 at 100.00 AA+ 1,543,487
965   Washington County School District 15, Forest Grove, Oregon, General Obligation Bonds, Series 2012B, 0.000%, 6/15/25   No Opt. Call AA+ 928,012
1,320   Washington County, Oregon, General Obligation Bonds, Full Faith & Credit Obligation Series 2016B, 4.000%, 3/01/31   3/26 at 100.00 Aaa 1,490,610
    Washington Multnomah & Yamhill Counties School District 1J Hillsboro, Oregon, General Obligation Bonds, Series 2017:        
990   5.000%, 6/15/31   6/27 at 100.00 Aa1 1,217,819
3,750   5.000%, 6/15/32   6/27 at 100.00 Aa1 4,595,662
1,000   Washington, Clackamas and Yamhill Counties School District 88J Sherwood, Oregon, General Obligation Bonds, Series 2017B, 5.000%, 6/15/30   6/27 at 100.00 AA+ 1,234,790
1,500   Yamhill County School District 29J Newberg, Oregon, General Obligation Bonds, Series 2021B, 4.000%, 6/15/32 (WI/DD, Settling 3/04/21)   6/31 at 100.00 Aa1 1,872,630
      59

Nuveen Oregon Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Yamhill County School District 40, McMinnville, Oregon, General Obligation Bonds, Refunding Series 2016:        
$1,000   4.000%, 6/15/31   6/26 at 100.00 AA+ $1,135,320
1,000   4.000%, 6/15/32   6/26 at 100.00 AA+ 1,131,620
195   Yamhill County School District 8 Dayton, Oregon, General Obligation Bonds, Refunding & Project Series 2019, 5.000%, 6/15/33   6/29 at 100.00 AA+ 248,567
99,965   Total Tax Obligation/General       120,010,112
    Tax Obligation/Limited – 8.4%        
    Beaverton, Oregon, Special Revenue Bonds, Series 2020A:        
300   5.000%, 6/01/32   6/30 at 100.00 Aa3 391,704
400   5.000%, 6/01/34   6/30 at 100.00 Aa3 517,816
    Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D:        
2,260   5.000%, 11/15/28   11/25 at 100.00 BB 2,576,038
500   5.000%, 11/15/29   11/25 at 100.00 BB 566,880
750   Metro, Oregon, Dedicated Tax Revenue Bonds, Oregon Convention Center Hotel, Series 2017, 5.000%, 6/15/30   6/27 at 100.00 Aa3 915,900
    Oregon State Bond Bank, Revenue Bonds, Oregon Business Development Department, Refunding Series 2021A:        
275   5.000%, 1/01/31   No Opt. Call AA+ 368,984
285   5.000%, 1/01/32   1/31 at 100.00 AA+ 381,145
200   5.000%, 1/01/33   1/31 at 100.00 AA+ 266,120
1,000   Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Subordinate Lien Series 2020A, 5.000%, 11/15/35   11/30 at 100.00 AA+ 1,317,280
1,000   Portland, Oregon, River District Urban Renewal and Redevelopment Bonds, Series 2012B, 5.000%, 6/15/23   6/22 at 100.00 Aa3 1,060,120
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
499   0.000%, 7/01/29   7/28 at 98.64 N/R 412,848
2,136   0.000%, 7/01/31   7/28 at 91.88 N/R 1,640,213
1,906   0.000%, 7/01/33   7/28 at 86.06 N/R 1,355,223
605   4.500%, 7/01/34   7/25 at 100.00 N/R 660,303
1,260   Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2, 4.329%, 7/01/40   7/28 at 100.00 N/R 1,355,319
1,600   Seaside, Clatsop County, Oregon, Transient Lodgings Tax Revenue Bonds, Series 2018, 5.000%, 12/15/30   6/28 at 100.00 A3 1,990,784
1,000   Tri-County Metropolitan Transportation District, Oregon, Capital Grant Receipt Revenue Bonds, Refunding Series 2017A, 5.000%, 10/01/27   No Opt. Call A 1,250,680
    Tri-County Metropolitan Transportation District, Oregon, Capital Grant Receipt Revenue Bonds, Series 2018A:        
1,000   5.000%, 10/01/31   4/28 at 100.00 A 1,222,230
750   4.000%, 10/01/33   4/28 at 100.00 A 846,787
60      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Tri-County Metropolitan Transportation District, Oregon, Payroll Tax Revenue Bonds, Refunding Senior Lien Series 2016A:        
$1,000   4.000%, 9/01/31   9/26 at 100.00 AAA $1,139,700
655   4.000%, 9/01/32   9/26 at 100.00 AAA 744,067
    Tri-County Metropolitan Transportation District, Oregon, Payroll Tax Revenue Bonds, Senior Lien Series 2018A:        
1,000   5.000%, 9/01/30   9/27 at 100.00 AAA 1,244,960
855   5.000%, 9/01/31   9/27 at 100.00 AAA 1,060,251
340   Tri-County Metropolitan Transportation District, Oregon, Payroll Tax Revenue Bonds, Senior Lien Series 2019A, 5.000%, 9/01/34   9/29 at 100.00 AAA 440,110
21,576   Total Tax Obligation/Limited       23,725,462
    Transportation – 4.7%        
    Jackson County, Oregon, Airport Revenue Bonds, Refunding Series 2016:        
395   5.000%, 12/01/30  –  AGM Insured   6/26 at 100.00 AA 461,415
430   5.000%, 12/01/31  –  AGM Insured   6/26 at 100.00 AA 500,417
380   5.000%, 12/01/33  –  AGM Insured   6/26 at 100.00 AA 439,725
350   4.000%, 12/01/34  –  AGM Insured   6/26 at 100.00 AA 381,349
500   Port of Portland, Oregon, International Airport Revenue Bonds, Refunding Series 2020-26C, 5.000%, 7/01/28 (AMT)   No Opt. Call A+ 625,995
1,030   Port of Portland, Oregon, International Airport Revenue Bonds, Series 2011, 5.000%, 7/01/23 (AMT)   7/21 at 100.00 A+ 1,046,470
1,250   Port of Portland, Oregon, International Airport Revenue Bonds, Series 2015-23, 5.000%, 7/01/28   7/25 at 100.00 A+ 1,476,625
    Port of Portland, Oregon, International Airport Revenue Bonds, Series 2019-25B:        
1,105   5.000%, 7/01/31 (AMT)   7/29 at 100.00 A+ 1,378,112
1,850   5.000%, 7/01/33 (AMT)   7/29 at 100.00 A+ 2,283,584
2,500   Port of Portland, Oregon, International Airport Revenue Bonds, Series 2020-27A, 5.000%, 7/01/33 (AMT)   7/30 at 100.00 A+ 3,145,300
1,500   Port of Portland, Oregon, Portland International Airport Passenger Facility Charge Revenue Bonds, Series 2011A, 5.000%, 7/01/26   7/21 at 100.00 A 1,523,160
11,290   Total Transportation       13,262,152
    U.S. Guaranteed – 9.0% (5)        
1,105   Beaverton School District 48J, Washington and Multnomah Counties, Oregon, General Obligation Bonds, Series 2014B, 5.000%, 6/15/27 (Pre-refunded 6/15/24)   6/24 at 100.00 AA+ 1,272,341
2,000   Clackamas and Washington Counties School District 3JT, Oregon, General Obligation Bonds, Refunding Series 2015, 5.000%, 6/15/30 (Pre-refunded 6/15/25)   6/25 at 100.00 AA+ 2,378,340
1,135   Clackamas County School District 12, North Clackamas, Oregon, General Obligation Bonds, Refunding Series 2014, 5.000%, 6/15/28 (Pre-refunded 6/15/24)   6/24 at 100.00 AA+ 1,306,884
      61

Nuveen Oregon Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (5) (continued)        
    Clackamas County School District 62, Oregon City, Oregon, General Obligation Bonds, Refunding Series 2014:        
$255   5.000%, 6/01/29 (Pre-refunded 6/01/24)   6/24 at 100.00 AA $292,268
325   5.000%, 6/01/29 (Pre-refunded 6/01/24)   6/24 at 100.00 AA 373,636
525   Clackamas County School District 86, Oregon, General Obligation Bonds, Refunding Series 2012A, 5.000%, 6/15/25 (Pre-refunded 6/15/22)   6/22 at 100.00 AA+ 557,844
1,635   Lake County School District 52 Bethel, Oregon, General Obligation Bonds, Series 2013B, 5.000%, 6/15/33 (Pre-refunded 6/15/24)   6/24 at 100.00 Aa1 1,882,605
300   Marion-Clackamas Counties School District 4J Silver Falls, Oregon, General Obligation Bonds, Refunding Series 2013, 5.000%, 6/15/24 (Pre-refunded 6/15/23)   6/23 at 100.00 Aa1 332,244
    Oregon Facilities Authority, Revenue Bonds, CHF-Ashland, LLC Southern Oregon University Project Series 2012:        
1,185   4.350%, 7/01/27 (Pre-refunded 7/01/22)   7/22 at 100.00 A2 1,251,455
400   4.700%, 7/01/33 (Pre-refunded 7/01/22)   7/22 at 100.00 A2 424,292
    Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Refunding Senior Lien Series 2014A:        
1,980   5.000%, 11/15/26 (Pre-refunded 11/15/24)   11/24 at 100.00 AAA 2,316,006
1,000   5.000%, 11/15/27 (Pre-refunded 11/15/24)   11/24 at 100.00 AAA 1,169,700
    Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Refunding Senior Lien Series 2015A:        
2,000   5.000%, 11/15/27 (Pre-refunded 11/15/24)   11/24 at 100.00 AAA 2,339,400
2,500   5.000%, 11/15/28 (Pre-refunded 11/15/24)   11/24 at 100.00 AAA 2,924,250
    Tigard, Washington County, Oregon, Water System Revenue Bonds, Series 2012:        
1,435   5.000%, 8/01/26 (Pre-refunded 8/01/22)   8/22 at 100.00 AA- 1,533,685
1,915   5.000%, 8/01/30 (Pre-refunded 8/01/22)   8/22 at 100.00 AA- 2,046,695
1,715   Tri-County Metropolitan Transportation District, Oregon, Capital Grant Receipt Revenue Bonds, Series 2011A, 5.000%, 10/01/26 (Pre-refunded 10/01/21)   10/21 at 100.00 A 1,763,037
1,080   Umatilla County School District 016R Pendleton, Oregon, General Obligation Bonds, Series 2014A, 5.000%, 6/15/29 (Pre-refunded 6/15/24)   6/24 at 100.00 Aa1 1,243,555
22,490   Total U.S. Guaranteed       25,408,237
    Utilities – 8.8%        
1,295   Albany, Oregon, General Obligation Bonds, Refunding Series 2013, 5.000%, 8/01/25   8/23 at 100.00 Aa3 1,435,300
1,035   Bend, Oregon, Sewer Revenue Bonds, Series 2020, 5.000%, 5/01/33   5/30 at 100.00 AA 1,358,572
    Central Lincoln Peoples Utility District, Oregon, Electric Revenue Bonds, Series 2016:        
500   3.500%, 12/01/29   12/25 at 100.00 AA- 547,330
350   5.000%, 12/01/33   12/25 at 100.00 AA- 413,318
350   5.000%, 12/01/34   12/25 at 100.00 AA- 412,962
270   Clackamas River Water, Oregon, Water Revenue Bonds, Series 2016, 5.000%, 11/01/33   5/25 at 100.00 AA- 314,277
500   Emerald Peoples Utility District, Oregon, Electric System Revenue Bonds, Refunding Series 2013, 5.000%, 11/01/22  –  AGM Insured   No Opt. Call A1 539,320
62      

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
    Eugene, Oregon, Electric Utility Revenue Bonds, Series 2020A:        
$250   4.000%, 8/01/32   8/30 at 100.00 Aa2 $305,540
650   4.000%, 8/01/33   8/30 at 100.00 Aa2 790,634
    Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2016:        
1,065   5.000%, 7/01/28   7/26 at 100.00 A- 1,247,243
1,120   5.000%, 7/01/29   7/26 at 100.00 A- 1,304,072
1,180   5.000%, 7/01/30   7/26 at 100.00 A- 1,366,924
250   Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/21  –  AGM Insured   No Opt. Call AA 256,633
2,000   Portland, Oregon, Sewer System Revenue Bonds, Refunding Second Lien Series 2019A, 5.000%, 3/01/32   9/29 at 100.00 AA 2,595,420
1,880   Portland, Oregon, Sewer System Revenue Bonds, Second Lien Series 2018A, 4.500%, 5/01/30   5/26 at 100.00 AA 2,198,698
2,500   Portland, Oregon, Water System Revenue Bonds, Refunding First Lien Series 2016A, 4.000%, 4/01/33   4/26 at 100.00 Aa1 2,823,575
3,000   Portland, Oregon, Water System Revenue Bonds, Second Lien Series 2019A, 5.000%, 5/01/34   11/29 at 100.00 Aa2 3,868,890
1,015   Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2020A, 5.000%, 7/01/30, 144A   No Opt. Call N/R 1,210,124
1,000   Sunrise Water Authority, Oregon, Water Revenue Bonds, Refunding Series 2014, 4.000%, 3/01/23   No Opt. Call AA 1,072,580
525   Warm Springs Reservation Confederated Tribes, Oregon, Hydroelectric Revenue Bonds, Tribal Economic Development Bond Pelton Round Butte Project, Taxable Refunding Green Series 2019B, 5.000%, 11/01/33, 144A   5/29 at 100.00 A3 629,149
20,735   Total Utilities       24,690,561
$234,516   Total Long-Term Investments (cost $258,643,939)       273,114,159
    Other Assets Less Liabilities – 3.0%       8,447,887
    Net Assets – 100%       $281,562,046
      63

Nuveen Oregon Intermediate Municipal Bond Fund (continued)
Portfolio of Investments    February 28, 2021
(Unaudited)
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Municipal Bonds $ — $273,114,159 $ — $273,114,159
    
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
(4) Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
AMT Alternative Minimum Tax  
WI/DD Purchased on a when-issued or delayed delivery basis.  
64