FOR VALIDATION PURPOSES ONLY

NPORT-EX 1 JMM.htm FOR VALIDATION PURPOSES ONLY - [650761.TX]

JMM

Nuveen Multi-Market Income Fund

Portfolio of Investments March 31, 2019

(Unaudited)


Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (2)		Value

		LONG-TERM INVESTMENTS – 139.6% (99.1% of Total Investments)

		ASSET-BACKED AND MORTGAGE-BACKED SECURITIES – 108.2% (76.8% of Total Investments)

$	273	321 Henderson Receivables VI LLC, 144A		9.310%		7/15/61		Aaa	$	319,806
	252	ACE Securities Corp Manufactured Housing Trust Series 2003-MH1, 144A		6.500%		8/15/30		AA		271,699
	500	Adams Outdoor Advertising LP, 144A		5.653%		11/15/48		BBB		519,607
	500	Adams Outdoor Advertising LP, Series ADMSO 2018-1 B, 144A		6.414%		11/25/48		N/R		507,679
	127	Alternative Loan Trust 2003-J3		5.250%		11/25/33		BBB		127,564
	146	Alternative Loan Trust 2004-J2		6.500%		3/25/34		AA+		150,967
	1,689	American Homes 4 Rent 2015-SFR2 Trust, 144A		0.000%		10/17/52		N/R		17
	5	Banc of America Funding 2007-4 Trust		5.500%		6/25/37		C		98
	49	Bayview Financial Acquisition Trust		5.932%		12/28/36		Aa1		49,980
	33	Bayview Financial Acquisition Trust		6.205%		5/28/37		AAA		33,038
	471	Bayview Financial Mortgage Pass-Through Trust 2005-D		5.500%		12/28/35		Aa3		476,052
	58	Bayview Financial Mortgage Pass-Through Trust 2006-C		5.638%		11/28/36		A+		58,666
	61	Bayview Financial Mortgage Pass-Through Trust 2006-C		5.852%		11/28/36		Caa3		58,067
	500	CHL GMSR Issuer Trust, 144A, (1-Month LIBOR reference rate + 2.750% spread), (10)		5.180%		5/25/23		N/R		502,592
	425	Citigroup Commercial Mortgage Trust 2015-GC29		4.280%		4/10/48		A–		427,292
	600	Citigroup Commercial Mortgage Trust 2016-P5, 144A		3.000%		10/10/49		BBB–		509,578
	450	Citigroup Commercial Mortgage Trust 2018-TBR, 144A, (1-Month LIBOR reference rate + 1.800% spread), (10)		4.273%		12/15/36		BBB–		450,277
	142	Citigroup Global Markets Mortgage Securities VII Inc., 144A		6.000%		9/25/33		BB		141,353
	775	Commercial Mortgage Pass-Through Certificates 2015-CR22		4.255%		3/10/48		A–		792,233
	500	Commercial Mortgage Pass-Through Certificates 2015-CR22, 144A		4.427%		9/10/28		BBB–		499,922
	139	Commercial Mortgage Pass-Through Certificates, Series 2015-CR26		5.160%		3/25/33		Ba1		141,720
	511	Commercial Mortgage Pass-Through Certificates, Series 2015-CR26		4.632%		10/10/48		A–		524,117
	498	Commonbond Student Loan Trust 2017-B-GS, 144A		4.440%		9/25/42		Baa1		493,463
	233	Countrywide Asset-Backed Certificates Trust, Series 2004-13		5.103%		5/25/35		Aaa		235,532
	160	Credit Suisse CSMC Mortgage-Backed Trust, Pass-Through Certificates, Series 2006-7		6.000%		8/25/36		Caa3		127,165
	469	Credit Suisse First Boston Mortgage Securities Corp		6.171%		4/25/33		BB		489,254
	96	Credit Suisse First Boston Mortgage Securities Corp		6.000%		12/25/35		D		5,798
	429	Credit-Based Asset Servicing & Securitization LLC, 144A		5.497%		12/25/37		AA		434,027
	250	CSMC 2014-USA OA LLC, 144A		4.373%		9/15/37		BB–		229,335
	1,185	DB Master Finance LLC, 144A		4.030%		11/20/47		BBB		1,189,728
	1,167	Domino’s Pizza Master Issuer LLC, 144A		4.474%		10/25/45		BBB+		1,204,367
	123	Domino’s Pizza Master Issuer LLC, 144A		3.082%		7/25/47		BBB+		121,635
	615	Driven Brands Funding LLC, HONK 2015-1A, 144A		4.739%		4/20/48		BBB–		627,196
	750	Driven Brands Funding LLC, HONK 2015-1A, 144A		4.641%		4/20/49		BBB–		750,000
	11	Fannie Mae Pool, (3)		5.000%		2/01/21		N/R		11,446
	653	Fannie Mae Pool, (3)		3.500%		12/01/26		N/R		667,867
	648	Fannie Mae Pool, (3)		3.500%		1/01/27		N/R		663,351
	28	Fannie Mae Pool, (3)		6.000%		5/01/29		N/R		31,403
	16	Fannie Mae Pool, (3)		7.000%		9/01/31		N/R		17,674
	17	Fannie Mae Pool, (3)		5.500%		6/01/33		N/R		18,166
	45	Fannie Mae Pool, (3)		6.000%		1/01/34		N/R		48,870
	79	Fannie Mae Pool, (3)		5.500%		2/01/34		N/R		86,185
	90	Fannie Mae Pool, (3)		6.000%		3/01/34		N/R		97,182
	63	Fannie Mae Pool, (3)		6.000%		1/01/35		N/R		69,542
	36	Fannie Mae Pool, (3)		5.000%		7/01/35		N/R		38,505
	16	Fannie Mae Pool, (3)		5.500%		3/01/36		N/R		17,904
	13	Fannie Mae Pool, (3)		6.000%		6/01/36		N/R		14,376
	61	Fannie Mae Pool, (3)		5.500%		4/01/37		N/R		66,858
	61	Fannie Mae Pool, (3)		5.500%		6/01/38		N/R		66,625
	1,296	Fannie Mae Pool, (3)		3.500%		2/01/44		N/R		1,322,033
	2,868	Fannie Mae Pool, (3)		3.500%		3/01/48		N/R		2,914,574
	2,982	Fannie Mae Pool, (3)		4.500%		8/01/48		Aaa		3,118,050
	91	Fannie Mae REMIC Trust 2002-W1		7.500%		2/25/42		Aaa		99,949
	449	Fannie Mae REMIC Trust 2003-W1		3.492%		12/25/42		CCC		165,523
	2,500	Fannie Mae TBA, (MDR), (WI/DD)		3.000%		4/25/49		Aaa		2,489,648



JMM		Nuveen Multi-Market Income Fund (continued)
JMM		Portfolio of Investments March 31, 2019
		(Unaudited)


Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (2)		Value

		ASSET-BACKED AND MORTGAGE-BACKED SECURITIES (continued)

$	2,000	Fannie Mae TBA, (MDR), (WI/DD)		3.500%		4/25/49		Aaa	$	2,027,734
	4,605	Fannie Mae TBA, (MDR), (WI/DD)		4.000%		4/25/49		Aaa		4,737,034
	500	Finance of America Structured Securities Trust 2018-HB1, 144A		4.392%		9/25/28		Baa3		500,000
	1,282	FOCUS Brands Funding LLC, 144A		5.093%		4/30/47		BBB		1,326,333
	21	Freddie Mac Gold Pool, (3)		6.500%		11/01/28		N/R		23,316
	1,562	Freddie Mac Gold Pool, (3)		3.000%		1/01/29		N/R		1,582,292
	2,835	Freddie Mac Gold Pool, (3)		3.000%		4/01/43		Aaa		2,838,221
	1,166	Freddie Mac Gold Pool		3.500%		1/01/44		N/R		1,190,492
	1,130	Freddie Mac Gold Pool, (3)		3.500%		2/01/44		Aaa		1,153,197
	1,870	Freddie Mac Gold Pool, (3)		3.500%		5/01/46		N/R		1,900,357
	2,562	Freddie Mac Gold Pool, (3)		3.000%		6/01/46		N/R		2,555,171
	2,365	Freddie Mac Gold Pool, (3)		3.000%		2/01/47		Aaa		2,355,296
	250	Freddie Mac MultiFamily Mortgage Trust, Structured Pass Through Certificates, Series 2015-K714, 144A		3.986%		1/25/47		A3		252,420
	500	Freddie Mac MultiFamily Mortgage Trust, Structured Pass Through Certificates, Series 2017-K724, 144A		3.601%		11/25/23		BBB–		485,682
	197	Ginnie Mae I Pool, (3)		5.500%		8/15/33		N/R		217,013
	96	Ginnie Mae I Pool, (3)		6.000%		7/15/34		N/R		102,956
	500	GMAT Trust Mortgage Pool 2013-1A, 144A		5.000%		11/25/43		N/R		301,076
	90	Goldman Sachs Mortgage Securities Corporation, GSMPS Mortgage Pass Through Certificates, Series 2001-2, 144A		7.500%		6/19/32		D		87,176
	504	Goldman Sachs Mortgage Securities Corporation, GSMPS Mortgage Pass Through Certificates, Series 2003-3, 144A		7.000%		6/25/43		BBB		558,516
	430	Goldman Sachs Mortgage Securities Corporation, Mortgage Pass-Through Certificates, Series 2005-RP1, 144A		8.500%		1/25/35		B2		481,676
	614	Goldman Sachs Mortgage Securities Corporation, Mortgage Pass-Through Certificates, Series 2005-RP2 1A2, 144A		7.500%		3/25/35		B1		659,456
	656	Goldman Sachs Mortgage Securities Corporation, Mortgage Pass-Through Certificates, Series 2005-RP3 1A2, 144A		7.500%		9/25/35		B3		693,083
	408	Goldman Sachs Mortgage Securities Corporation, Mortgage Pass-Through Certificates, Series 2005-RP3 1A2, 144A		8.000%		9/25/35		B3		443,932
	46	Goldman Sachs Mortgage Securities Corporation, Mortgage Pass-Through Certificates, Series 2003-10 1A1		4.423%		10/25/33		A		46,427
	500	Goldman Sachs Mortgage Securities Trust, Mortgage Pass Through Certificates, Series 2013-GC16		5.488%		11/10/46		Baa3		527,184
	550	Goldman Sachs Mortgage Securities Trust, Mortgage Pass Through Certificates, Series 2015-GC30		4.192%		5/10/50		N/R		547,556
	500	Goldman Sachs Mortgage Securities Trust, Mortgage Pass Through Certificates, Series 2015-GC32		3.345%		7/10/48		BBB–		442,533
	80	Home Equity Mortgage Trust		5.821%		4/25/35		Baa1		80,187
	689	Honor Automobile Trust Securitization 2016-1A, 144A		5.760%		4/15/21		B–		688,765
	263	Impac Secured Assets CMN Owner Trust		8.000%		10/25/30		CCC		247,147
	500	JG Wentworth XXXVII LLC, 144A		5.190%		6/17/69		Baa2		526,739
	979	JGWPT XXV LLC, 144A		7.140%		2/15/67		A2		1,156,240
	408	JGWPT XXVI LLC, 144A		6.770%		10/17/61		A2		432,093
	739	Jimmy Johns Funding LLC, 144A		4.846%		7/30/47		BBB		760,750
	292	JPMorgan Alternative Loan Trust 2006-S1		6.500%		3/25/36		D		244,518
	500	JPMorgan Chase Commercial Mortgage Securities Trust 2016-JP4, 144A		3.578%		12/15/49		BBB–		428,735
	500	JPMorgan Chase Commercial Mortgage Securities Trust 2018-BCON, 144A		3.881%		1/05/31		BBB–		501,058
	500	JPMDB Commercial Mortgage Securities Trust 2017-C7, 144A		3.000%		10/15/50		BBB–		413,264
	1	Lehman ABS Manufactured Housing Contract Trust 2001-B		4.350%		4/15/40		Aaa		1,268
	341	Master RePerforming Loan Trust 2005-1, 144A		7.500%		8/25/34		C		342,906
	965	Mid-State Capital Corp 2004-1 Trust		6.005%		8/15/37		AA+		1,033,393
	66	Mid-State Capital Corp 2004-1 Trust		8.900%		8/15/37		A1		74,156
	807	Mid-State Capital Corp 2005-1 Trust		5.745%		1/15/40		AA		865,466
	556	Mid-State Capital Trust 2010-1, 144A		5.250%		12/15/45		AA		577,593
	476	Mid-State Capital Trust 2010-1, 144A		7.000%		12/15/45		A		504,681
	258	Mid-State Trust XI		5.598%		7/15/38		BBB		274,820
	268	Mortgage Asset Securitization Transaction Inc., Alternative Loan Trust Mortgage Pass-Through Certificates Series 2004-1		7.000%		1/25/34		BBB–		275,191
	286	Mortgage Asset Securitization Transaction Inc., Alternative Loan Trust Mortgage Pass-Through Certificates, 2004-5 6A1		7.000%		6/25/34		AA+		298,114
	277	Mortgage Asset Securitization Transactions Inc., Mortgage Pass Through Certificates, Series 2003-11		5.250%		12/25/33		A		279,074


Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (2)		Value

		ASSET-BACKED AND MORTGAGE-BACKED SECURITIES (continued)

$	500	Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28		4.746%		1/15/49		A3	$	509,702
	87	Morgan Stanley Mortgage Loan Trust 2006-2		5.750%		2/25/36		N/R		86,841
	500	MSCG Trust 2015-ALDR, 144A		3.577%		6/07/35		BBB–		442,082
	500	New Residential Advance Receivables Trust Advance Receivables Backed Notes, 144A		4.002%		2/15/51		BBB		496,424
	394	New Residential Mortgage LLC, 144A		4.690%		5/25/23		N/R		396,372
	412	New Residential Mortgage LLC 2018-FNT2, 144A		4.920%		7/25/54		N/R		416,431
	500	New Residential Mortgage Loan Trust 2014-1, 144A		6.052%		1/25/54		BBB		531,441
	805	New Residential Mortgage Loan Trust 2015-2, 144A		5.551%		8/25/55		Baa3		853,689
	366	NRZ Excess Spread-Collateralized Notes Series 2018-PLS1, 144A		4.374%		1/25/23		N/R		365,517
	378	NRZ Excess Spread-Collateralized Notes Series 2018-PLS2, 144A		4.593%		2/25/23		N/R		378,073
	500	Oak Hill Advisors Residential Loan Trust 2017-NPLA, 144A		5.000%		6/25/57		N/R		498,738
	500	Ocwen Master Advance Receivables Trust, 144A		4.446%		8/16/49		BBB		500,022
	500	Ocwen Master Advance Receivables Trust, 144A		4.532%		8/15/50		BBB		502,720
	498	Planet Fitness Master Issuer LLC, 144A		4.666%		9/05/48		BBB–		513,360
	500	PNMAC FMSR ISSUER TRUST 2018-FT1, 144A, (1-Month LIBOR reference rate + 2.350% spread), (10)		4.827%		4/25/23		N/R		501,750
	500	PNMAC GMSR ISSUER TRUST 2018-GT1, 144A, (1-Month LIBOR reference rate + 2.850% spread), (10)		5.327%		2/25/23		N/R		501,090
	500	PNMAC GMSR ISSUER TRUST 2018-GT2, 144A, (1-Month LIBOR reference rate + 2.650% spread), (10)		5.080%		8/25/25		N/R		501,537
	500	Progress Residential 2017-SFR2 Trust, 144A		3.595%		12/17/34		Baa2		494,769
	419	RALI Series 2005-QS12 Trust		5.500%		8/25/35		Caa2		400,354
	435	RASC Series 2004-KS1 Trust		5.721%		2/25/34		Aa2		441,881
	485	RBS Commercial Funding Inc 2013-SMV Trust, 144A		3.704%		3/11/31		A+		475,840
	201	Renaissance Home Equity Loan Trust 2005-4		5.749%		2/25/36		Caa1		202,070
	500	RMF Buyout Issuance Trust 2018-1, 144A		4.448%		11/25/28		Baa3		506,050
	571	Sonic Capital LLC, 144A		3.750%		7/20/43		BBB		570,345
	498	Sonic Capital LLC, 144A		4.026%		2/20/48		BBB		495,842
	500	SPS Servicer Advance Receivables Trust, 144A		4.500%		10/17/50		BBB		500,920
	275	Structured Receivables Finance 2010-A LLC, 144A		5.218%		1/16/46		AAA		283,274
	500	STWD 2018-URB Mortgage Trust, 144A, (1-Month LIBOR reference rate + 2.050% spread), (10)		4.523%		5/15/35		Baa3		491,103
	491	Taco Bell Funding LLC, 144A		4.377%		5/25/46		BBB		501,812
	614	Taco Bell Funding LLC, 144A		4.970%		5/25/46		BBB		642,432
	450	UBS-Barclays Commercial Mortgage Trust 2013-C5, 144A		4.213%		3/10/46		A3		452,790
	500	Vericrest Opportunity Loan Trust 2019-NPL2, 144A		6.292%		2/25/49		N/R		502,379
	500	Verus Securitization Trust 2017-1, 144A		5.273%		1/25/47		A		500,716
	750	VOLT LXIX LLC, Series VOLT 2018-NPL5 A2, 144A		5.804%		8/25/48		N/R		755,875
	500	VOLT LXX LLC, Series VOLT 2018-NPL6 A2, 144A		5.805%		9/25/48		N/R		506,522
	323	Washington Mutual MSC Mortgage Pass-Through Certificates Series 2003-MS4 Trust		5.500%		2/25/33		N/R		326,300
	24	Washington Mutual MSC Mortgage Pass-Through Certificates Series 2004-RA3 Trust		6.050%		8/25/38		AA		24,878
	987	Wendy’s Funding LLC, 144A		3.573%		3/15/48		BBB		973,537
	250	WF-RBS Commercial Mortgage Trust 2011-C2, 144A		5.392%		2/15/44		Aa2		256,629
	750	WFRBS Commercial Mortgage Trust 2011-C3, 144A		5.335%		3/15/44		A1		769,484
$	82,657	Total Asset-Backed and Mortgage-Backed Securities (cost $80,857,973)								81,609,433

Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (2)		Value

		CORPORATE BONDS – 28.3% (20.1% of Total Investments)

		Aerospace & Defense – 0.6%

$	125	Bombardier Inc, 144A		7.875%		4/15/27		B	$	128,906
	150	Triumph Group Inc		4.875%		4/01/21		CCC+		146,250
	150	Triumph Group Inc		5.250%		6/01/22		CCC+		144,000
	425	Total Aerospace & Defense								419,156

		Auto Components – 0.6%

	250	American Axle & Manufacturing Inc		6.250%		4/01/25		B		243,750
	200	Panther BF Aggregator 2 LP / Panther Finance Co Inc, 144A, (WI/DD)		8.500%		5/15/27		B		200,500
	450	Total Auto Components								444,250



JMM		Nuveen Multi-Market Income Fund (continued)
JMM		Portfolio of Investments March 31, 2019
		(Unaudited)



Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (2)		Value

		Automobiles – 0.1%

$	100	Ford Motor Co		7.450%		7/16/31		BBB	$	106,691

		Banks – 0.3%

	225	Quicken Loans Inc, 144A		5.250%		1/15/28		Ba1		210,656

		Building Products – 0.3%

	200	American Woodmark Corp, 144A		4.875%		3/15/26		BB		195,500

		Capital Markets – 0.6%

	200	Donnelley Financial Solutions Inc		8.250%		10/15/24		B		201,500
	225	Jefferies Finance LLC / JFIN Co-Issuer Corp, 144A		7.250%		8/15/24		BB–		221,625
	425	Total Capital Markets								423,125

		Chemicals – 1.7%

	200	CF Industries Inc		3.450%		6/01/23		BB+		194,000
	250	Chemours Co/The		5.375%		5/15/27		BB–		248,357
	200	FXI Holdings Inc, 144A		7.875%		11/01/24		B		186,000
	375	NOVA Chemicals Corp, 144A		5.000%		5/01/25		BBB–		367,500
	250	OCI NV, 144A		6.625%		4/15/23		BB–		259,250
	1,275	Total Chemicals								1,255,107

		Commercial Services & Supplies – 1.9%

	150	APX Group Inc		8.750%		12/01/20		CCC		147,000
	225	Covanta Holding Corp		5.875%		7/01/25		B1		228,937
	250	Hulk Finance Corporation, 144A		7.000%		6/01/26		CCC+		236,875
	250	Iron Mountain Inc, 144A		5.250%		3/15/28		BB–		242,500
	78	RR Donnelley & Sons Co		7.875%		3/15/21		B–		80,048
	200	Staples Inc, 144A		8.500%		9/15/25		B–		218,000
	250	Waste Pro USA Inc, 144A		5.500%		2/15/26		B+		240,625
	1,403	Total Commercial Services & Supplies								1,393,985

		Communications – 0.1%

	100	CommScope Finance LLC, 144A		8.250%		3/01/27		B+		103,750

		Consumer Finance – 0.2%

	200	Curo Group Holdings Corp, 144A		8.250%		9/01/25		B–		171,500

		Diversified Financial Services – 0.3%

	220	Park Aerospace Holdings Ltd, 144A		5.500%		2/15/24		BB+		228,250

		Diversified Telecommunication Services – 2.2%

	99	Frontier Communications Corp		8.500%		4/15/20		B		96,772
	350	GCI LLC		6.875%		4/15/25		B+		365,312
	500	Qwest Corp		6.750%		12/01/21		BBB–		532,025
	200	Sprint Capital Corp		6.875%		11/15/28		B+		192,250
	200	Telenet Finance Luxembourg Notes Sarl, 144A		5.500%		3/01/28		BB+		196,101
	300	Zayo Group LLC / Zayo Capital Inc, 144A		5.750%		1/15/27		B		299,340
	1,649	Total Diversified Telecommunication Services								1,681,800

		Electric Utilities – 0.2%

	200	Talen Energy Supply LLC		6.500%		6/01/25		B		176,000

		Electrical Equipment – 0.3%

	250	Energizer Gamma Acquisition Inc, 144A		6.375%		7/15/26		B+		256,250

		Energy Equipment & Services – 1.1%

	250	Archrock Partners LP / Archrock Partners Finance Corp, 144A		6.875%		4/01/27		B+		254,925
	250	Ensco PLC		7.750%		2/01/26		B		210,938
	200	SESI LLC		7.125%		12/15/21		B+		179,250
	200	Transocean Inc, 144A		9.000%		7/15/23		B		213,250
	900	Total Energy Equipment & Services								858,363


Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (2)		Value

		Equity Real Estate Investment Trust – 0.5%

$	300	Equity Commonwealth		5.875%		9/15/20		Baa2	$	307,001
	100	GEO Group Inc/The		6.000%		4/15/26		B+		84,000
	400	Total Equity Real Estate Investment Trust								391,001

		Food Products – 0.6%

	250	Kraft Heinz Foods Co		3.000%		6/01/26		BBB		233,743
	200	Post Holdings Inc, 144A		5.625%		1/15/28		B+		198,500
	450	Total Food Products								432,243

		Food & Staples Retailing – 0.3%

	250	Albertsons Cos LLC / Safeway Inc / New Albertsons LP / Albertson’s LLC, 144A		7.500%		3/15/26		B+		257,188

		Gas Utilities – 0.7%

	250	AmeriGas Partners LP / AmeriGas Finance Corp		5.500%		5/20/25		BB		249,063
	55	NGL Energy Partners LP / NGL Energy Finance Corp		6.125%		3/01/25		B+		53,075
	200	Suburban Propane Partners LP/Suburban Energy Finance Corp		5.875%		3/01/27		BB–		189,500
	505	Total Gas Utilities								491,638

		Health Care Providers & Services – 1.2%

	250	Encompass Health Corp		5.750%		11/01/24		B+		253,125
	200	Envision Healthcare Corp, 144A		8.750%		10/15/26		B–		178,250
	175	HCA Inc		5.250%		6/15/26		BBB–		187,638
	250	Tenet Healthcare Corp, 144A		6.250%		2/01/27		Ba3		259,375
	875	Total Health Care Providers & Services								878,388

		Health Care Technology – 0.3%

	200	Exela Intermediate LLC / Exela Finance Inc, 144A		10.000%		7/15/23		B		203,650

		Hotels, Restaurants & Leisure – 0.7%

	250	Carlson Travel Inc, 144A		6.750%		12/15/23		B2		250,000
	250	Viking Cruises Ltd, 144A		5.875%		9/15/27		B		243,125
	500	Total Hotels, Restaurants & Leisure								493,125

		Household Durables – 1.6%

	200	Beazer Homes USA Inc		5.875%		10/15/27		B–		174,500
	250	Brookfield Residential Properties Inc, 144A		6.500%		12/15/20		B+		250,000
	250	M/I Homes Inc		5.625%		8/01/25		BB–		239,375
	300	Mattamy Group Corp, 144A		6.500%		10/01/25		BB		295,965
	250	William Lyon Homes Inc		5.875%		1/31/25		B+		235,000
	1,250	Total Household Durables								1,194,840

		Industrial Conglomerates – 0.3%

	250	General Electric Co		3.375%		3/11/24		BBB+		248,720

		Insurance – 0.6%

	250	Genworth Holdings Inc		4.800%		2/15/24		B		206,250
	250	Nationstar Mortgage Holdings Inc, 144A		8.125%		7/15/23		B		257,500
	500	Total Insurance								463,750

		Leisure Products – 0.3%

	250	Mattel Inc, 144A		6.750%		12/31/25		BB–		245,938

		Machinery – 0.5%

	200	Mueller Water Products Inc, 144A		5.500%		6/15/26		BB		203,000
	150	Navistar International Corp, 144A		6.625%		11/01/25		B+		152,438
	350	Total Machinery								355,438



JMM		Nuveen Multi-Market Income Fund (continued)
JMM		Portfolio of Investments March 31, 2019
		(Unaudited)


Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (2)		Value

		Media – 2.5%

$	500	Altice France SA/France, 144A		7.375%		5/01/26		B	$	490,000
	250	CBS Radio Inc, 144A		7.250%		11/01/24		B–		248,750
	300	Charter Communications Operating LLC / Charter Communications Operating Capital		4.908%		7/23/25		BBB–		316,351
	200	National CineMedia LLC		6.000%		4/15/22		Ba3		202,000
	250	Nielsen Finance LLC / Nielsen Finance Company, 144A		5.000%		4/15/22		BB		247,500
	200	Quebecor Media Inc		5.750%		1/15/23		B+		208,500
	200	VTR Finance BV, 144A		6.875%		1/15/24		BB–		205,000
	1,900	Total Media								1,918,101

		Metals & Mining – 1.8%

	250	Alcoa Nederland Holding BV, 144A		6.125%		5/15/28		BB+		257,500
	300	Eldorado Gold Corp, 144A		6.125%		12/15/20		B		293,610
	150	Freeport-McMoRan Inc		3.875%		3/15/23		Ba1		147,841
	250	SunCoke Energy Partners LP / SunCoke Energy Partners Finance Corp, 144A		7.500%		6/15/25		BB–		253,125
	250	Tronox Inc, 144A		6.500%		4/15/26		B–		238,600
	200	United States Steel Corp		6.250%		3/15/26		B		187,018
	1,400	Total Metals & Mining								1,377,694

		Oil, Gas & Consumable Fuels – 1.9%

	250	Calumet Specialty Products Partners LP / Calumet Finance Corp		6.500%		4/15/21		B–		245,000
	250	Denbury Resources Inc, 144A		9.000%		5/15/21		B		243,125
	200	Genesis Energy LP / Genesis Energy Finance Corp		5.625%		6/15/24		B+		192,000
	275	PBF Holding Co LLC / PBF Finance Corp		7.250%		6/15/25		BB		282,287
	200	Southwestern Energy Co		7.500%		4/01/26		BB		204,000
	250	Whiting Petroleum Corp		6.625%		1/15/26		BB		245,000
	1,425	Total Oil, Gas & Consumable Fuels								1,411,412

		Pharmaceuticals – 0.3%

	220	Teva Pharmaceutical Finance Netherlands III BV		6.750%		3/01/28		BB		221,963

		Real Estate Management & Development – 0.6%

	250	Hunt Cos Inc, 144A		6.250%		2/15/26		BB–		233,125
	250	Kennedy-Wilson Inc		5.875%		4/01/24		BB		248,438
	500	Total Real Estate Management & Development								481,563

		Road & Rail – 0.9%

	200	Avis Budget Car Rental LLC / Avis Budget Finance Inc, 144A		6.375%		4/01/24		BB		203,000
	250	Hertz Corp/The, 144A		7.625%		6/01/22		B+		255,875
	250	United Rentals North America Inc		4.875%		1/15/28		BB–		243,175
	700	Total Road & Rail								702,050

		Software – 0.3%

	200	CDK Global Inc		5.875%		6/15/26		BB+		209,000

		Specialty Retail – 0.9%

	250	GameStop Corp, 144A		6.750%		3/15/21		Ba1		251,875
	205	L Brands Inc		6.875%		11/01/35		Ba1		177,069
	250	PGT Escrow Issuer Inc, 144A		6.750%		8/01/26		B		259,375
	705	Total Specialty Retail								688,319

		Technology Hardware, Storage & Peripherals – 0.2%

	175	NCR Corp		4.625%		2/15/21		BB		174,694

		Wireless Telecommunication Services – 0.8%

	200	Digicel Ltd, 144A		6.000%		4/15/21		B3		166,542
	250	Hughes Satellite Systems Corp		6.625%		8/01/26		BB–		245,000
	200	Level 3 Financing Inc		5.250%		3/15/26		BB		199,500
	650	Total Wireless Telecommunication Services								611,042
$	21,677	Total Corporate Bonds (cost $21,563,915)								21,376,140


Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (2)		Value

		SOVEREIGN DEBT – 1.5% (1.1% of Total Investments)

		Argentina – 0.2%

$	200	Argentine Republic Government International Bond		4.625%		1/11/23		B	$	163,800

		Bahrain – 0.4%

	250	Bahrain Government International Bond, 144A		7.000%		10/12/28		BB–		268,005

		Egypt – 0.5%

	400	Egypt Government International Bond, 144A		5.875%		6/11/25		B+		396,512

		El Salvador – 0.1%

	100	El Salvador Government International Bond, 144A		5.875%		1/30/25		B+		97,125

		Sri Lanka – 0.3%

	250	Sri Lanka Government International Bond, 144A		6.125%		6/03/25		B		243,133
$	1,200	Total Sovereign Debt (cost $1,181,079)								1,168,575

Principal Amount (000)		Description (1), (4)	Coupon		Maturity		Ratings (2)		Value

		CONTINGENT CAPITAL SECURITIES – 0.8% (0.5% of Total Investments)

		Banks – 0.5%

$	200	Banco Bilbao Vizcaya Argentaria SA		6.125%		N/A (5)		Ba2	$	178,500
	200	Societe Generale SA, 144A		6.750%		N/A (5)		BB+		184,500
	400	Total Banks								363,000

		Capital Markets – 0.3%

	200	UBS Group Funding Switzerland AG, 144A		7.000%		N/A (5)		BBB–		203,006
$	600	Total Contingent Capital Securities (cost $600,000)								566,006

Shares		Description (1), (6)							Value

		INVESTMENT COMPANIES – 0.5% (0.4% of Total Investments)

	32,000	BlackRock Credit Allocation Income Trust							$	397,120
		Total Investment Companies (cost $395,554)								397,120

Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (2)		Value

		$1,000 PAR (OR SIMILAR) INSTITUTIONAL PREFERRED – 0.3% (0.2% of Total Investments)

		Commercial Services & Supplies – 0.3%

$	200	AerCap Global Aviation Trust, 144A		6.500%		6/15/45		Ba1	$	202,250
$	200	Total $1,000 Par (or similar) Institutional Preferred (cost $203,036)								202,250
		Total Long-Term Investments (cost $104,801,557)								105,319,524



JMM		Nuveen Multi-Market Income Fund (continued)
JMM		Portfolio of Investments March 31, 2019
		(Unaudited)

Principal
Amount (000)

Description (1)

Coupon

Maturity

Value

SHORT-TERM INVESTMENTS – 1.3% (0.9% of Total Investments)

REPURCHASE AGREEMENTS – 1.3% (0.9% of Total Investments)

987

Repurchase Agreement with Fixed Income Clearing Corporation,
dated 3/29/19, repurchase price $987,455,
collateralized by $990,000 U.S. Treasury Notes,
2.625%, due 2/28/23, value $1,007,935

1.200%

4/01/19

987,356

Total Short-Term Investments (cost $987,356)

987,356

Total Investments (cost $105,788,913) – 140.9%

106,306,880

Reverse Repurchase Agreements – (29.1)% (7)

(21,965,000

)

Other Assets Less Liabilities – (11.8)% (8)

(8,922,397

)

Net Assets Applicable to Common Shares – 100%

75,419,483

Investments in Derivatives

Futures Contracts


Description	Contract Position		Number of Contracts			Expiration Date		Notional Amount*			Value			Unrealized Appreciation (Depreciation)			Variation Margin Receivable/ (Payable)
U.S. Treasury 2-Year Note		Short		(62	)		6/19	$	(6,583,550	)	$	(6,605,906	)	$	(22,356	)	$	6,781
U.S. Treasury 10-Year Note		Short		(46	)		6/19		(5,632,385	)		(5,714,063	)		(81,678	)		12,938
U.S. Treasury 10-Year Ultra Note		Short		(25	)		6/19		(3,251,194	)		(3,319,531	)		(68,337	)		7,031
U.S. Treasury Long Bond		Short		(11	)		6/19		(1,603,479	)		(1,646,219	)		(42,739	)		4,125
U.S. Treasury Ultra Bond		Long		9			6/19		1,450,266			1,512,000			61,734			(3,375	)
Total								$	(15,620,342	)	$	(15,773,719	)	$	(153,376	)	$	27,500

*	The aggregate amount of long and short positions is $1,450,266 and $(17,070,608), respectively.

Interest Rate Swaps – OTC Uncleared

Counterparty

Notional
Amount

Fund
Pay/Receive
Floating Rate

Floating Rate Index

Fixed Rate
(Annualized)

Fixed Rate
Payment
Frequency

Effective
Date (9)

Optional
Termination
Date

Maturity
Date

Value

Unrealized
Appreciation
(Depreciation)

Morgan Stanley Capital Services LLC

17,000,000

Receive

1-Month LIBOR

1.994

Monthly

6/01/18

7/01/25

7/01/27

72,918

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

Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.


Level 1 –		Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2 –		Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3 –		Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).

The inputs or methodologies used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:


	Level 1			Level 2		Level 3		Total
Long-Term Investments:
Asset-Backed and Mortgage-Backed Securities	$	—		$	81,609,433	$	—	$	81,609,433
Corporate Bonds		—			21,376,140		—		21,376,140
Sovereign Debt		—			1,168,575		—		1,168,575
Contingent Capital Securities		—			566,006		—		566,006
Investment Companies		397,120			—		—		397,120
$1,000 Par (or similar) Institutional Preferred		—			202,250		—		202,250
Short-Term Investments:
Repurchase Agreements		—			987,356		—		987,356
Investments in Derivatives:
Futures Contracts*		(153,376	)		—		—		(153,376	)
Interest Rate Swaps*		—			72,918		—		72,918
Total	$	243,744		$	105,982,678	$	—	$	106,226,422

*	Represents net unrealized appreciation (depreciation).



JMM		Nuveen Multi-Market Income Fund (continued)
JMM		Portfolio of Investments March 31, 2019
		(Unaudited)

For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.

(1)	All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.

(2)

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.

(3)	Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in reverse repurchase agreements.

(4)

Contingent Capital Securities (“CoCos”) are hybrid securities with loss absorption characteristics built into the terms of the security for the benefit of the issuer. For example, the terms may specify an automatic write-down of principal or a mandatory conversion into the issuer’s common stock under certain adverse circumstances, such as the issuer’s capital ratio falling below a specified level.

(5)	Perpetual security. Maturity date is not applicable.

(6)	A copy of the most recent financial statements for these investment companies can be obtained directly from the Securities and Exchange Commission on its website at http://www.sec.gov.

(7)	Reverse Repurchase Agreements as a percentage of Total Investments is 20.7%.

(8)	Other assets less liabilities includes the unrealized appreciation (depreciation) of certain over-the-counter (“OTC”) derivatives as well as the OTC cleared and exchange-traded derivatives, when applicable.

(9)	Effective date represents the date on which both the Fund and counterparty commence interest payment accruals on each contract.

(10)	Variable rate security. The rate shown is the coupon as of the end of the reporting period.

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.

LIBOR

London Inter-Bank Offered Rate

MDR	Denotes investment is subject to dollar roll transactions.

TBA	To be announced. Maturity date not known prior to settlement of this transaction.

WI/DD

Investment, or portion of investment, purchased on a when-issued or delayed delivery basis.