1
Nuveen
Multi-Market
Income
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
JMM
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
LONG-TERM
INVESTMENTS
-
138.6% 
(99.2%
of
Total
Investments)
X
–
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
-
97
.3
%
(
69
.6
%
of
Total
Investments)
X
56,289,347
$
111
321
Henderson
Receivables
VI
LLC,
2010
1A,
144A
9.310%
7/15/61
$
113,527
500
(b)
ACRE
Commercial
Mortgage
Ltd,
(TSFR1M
reference
rate
+
2.714%
spread),
2021
FL4,
144A
8.045%
12/18/37
462,800
500
Adams
Outdoor
Advertising
LP,
2023
1,
144A
6.967%
7/15/53
491,579
500
(b)
AGL
CLO
19
Ltd,
(TSFR3M
reference
rate
+
2.750%
spread),
2022
19A,
144A
8.084%
7/21/35
501,012
400
(b)
AIMCO
CLO
Series
2017-A,
(TSFR3M
reference
rate
+
1.762%
spread),
2017
AA,
144A
7.088%
4/20/34
390,206
34
Alternative
Loan
Trust
2003-J3,
2003
J3
5.250%
11/25/33
28,963
47
Alternative
Loan
Trust
2004-J2,
2004
J2
6.500%
3/25/34
46,381
1,602
American
Homes
4
Rent
2015-SFR2
Trust,
2015
SFR2,
144A
0.000%
10/17/52
16
175
AMSR
Trust,
2019
SFR1,
144A
3.247%
1/19/39
157,990
13
Bayview
Financial
Mortgage
Pass-Through
Trust
2006-C,
2006
C
6.352%
11/28/36
10,620
400
Benchmark
2018-B2
Mortgage
Trust,
2018
B2
4.084%
2/15/51
342,090
1,150
Benchmark
2019-B9
Mortgage
Trust,
2019
B9
3.751%
3/15/52
1,034,836
375
(b)
BX
Trust
2023-DELC,
(TSFR1M
reference
rate
+
3.339%
spread),
2023
DELC,
144A
8.671%
5/15/38
375,942
275
Carmax
Auto
Owner
Trust
2019-4,
2019
4
2.800%
4/15/26
272,315
500
CARS-DB4
LP,
2020
1A,
144A
4.520%
2/15/50
438,927
500
Carvana
Auto
Receivables
Trust
2022-P3,
2022
P3
5.540%
11/10/28
477,384
250
Century
Plaza
Towers
2019-CPT,
2019
CPT,
144A
3.097%
11/13/39
148,377
899
CF
Hippolyta
Issuer
LLC,
2020
1,
144A
2.600%
7/15/60
704,839
400
(b)
CIFC
Funding
2020-II
Ltd,
(3-Month
LIBOR
reference
rate
+
1.862%
spread),
2020
2A,
144A
7.188%
10/20/34
392,844
425
Citigroup
Commercial
Mortgage
Trust,
2015
GC29
4.276%
4/10/48
386,968
150
Citigroup
Commercial
Mortgage
Trust
2014-GC23,
2014
GC23
4.578%
7/10/47
136,006
600
Citigroup
Commercial
Mortgage
Trust
2016-P5,
2016
P5,
144A
3.000%
10/10/49
360,258
450
(b)
Citigroup
Commercial
Mortgage
Trust
2018-TBR,
(TSFR1M
reference
rate
+
2.039%
spread),
2018
TBR,
144A
7.372%
12/15/36
433,567
241
Citigroup
Commercial
Mortgage
Trust
2019-GC41,
2019
GC41
3.502%
8/10/56
171,810
56
Citigroup
Global
Markets
Mortgage
Securities
VII
Inc,
2003
1,
144A
6.000%
9/25/33
35,555
500
COMM
2013-LC13
Mortgage
Trust,
2013
LC13,
144A
5.387%
8/10/46
438,251
450
COMM
2015-CCRE25
Mortgage
Trust,
2015
CR25
4.667%
8/10/48
406,480
108
COMM
Mortgage
Trust,
2015
LC23
4.697%
10/10/48
96,640
540
COMM
Mortgage
Trust,
2015
CR26
4.614%
10/10/48
477,188
775
COMM
Mortgage
Trust,
2015
CR22
4.203%
3/10/48
684,503
35
Commonbond
Student
Loan
Trust
2017-B-GS,
2017
BGS,
144A
4.440%
9/25/42
28,460
200
(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
reference
rate
+
3.750%
spread),
2023
R01,
144A
9.065%
12/25/42
210,262
145
(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
reference
rate
+
3.500%
spread),
2022
R03,
144A
8.815%
3/25/42
149,296
400
(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
reference
rate
+
3.100%
spread),
2022
R04,
144A
8.415%
3/25/42
406,589
560
(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
reference
rate
+
6.250%
spread),
2022
R03,
144A
6.349%
3/25/42
616,923
500
(b)
Connecticut
Avenue
Securities
Trust
2022-R01,
(SOFR30A
reference
rate
+
1.900%
spread),
2022
R01,
144A
7.215%
12/25/41
491,512
499
(b)
Credit
Suisse
Mortgage
Capital
Certificates
2019-ICE4,
(TSFR1M
reference
rate
+
1.647%
spread),
2019
ICE4,
144A
6.980%
5/15/36
495,646
250
CSMC
2014-USA
OA
LLC,
2014
USA,
144A
4.373%
9/15/37
134,334
90
CSMC
Mortgage-Backed
Trust
2006-7,
2006
7
6.000%
8/25/36
35,442
Nuveen
Multi-Market
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
2
JMM
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X–
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
(continued)
$
295
DB
Master
Finance
LLC,
2021
1A,
144A
2.493%
11/20/51
$
245,902
1,134
DB
Master
Finance
LLC,
2017
1A,
144A
4.030%
11/20/47
1,030,051
146
Domino's
Pizza
Master
Issuer
LLC,
2017
1A,
144A
4.118%
7/25/47
135,511
1,119
Domino's
Pizza
Master
Issuer
LLC,
2015
1A,
144A
4.474%
10/25/45
1,073,514
1,409
DRIVEN
BRANDS
FUNDING
LLC,
2019
1A,
144A
4.641%
4/20/49
1,327,215
400
(b)
Dryden
49
Senior
Loan
Fund,
(TSFR3M
reference
rate
+
1.862%
spread),
2017
49A,
144A
7.172%
7/18/30
398,525
750
(b)
Fannie
Mae
Connecticut
Avenue
Securities,
(SOFR30A
reference
rate
+
2.000%
spread),
2021
R02,
144A
2.050%
11/25/41
738,990
9
(c)
Fannie
Mae
Pool,
FN
878059
5.500%
3/01/36
8,945
402
Fannie
Mae
Pool,
FN
MA4919
5.500%
2/01/53
388,294
11
(c)
Fannie
Mae
Pool,
FN
882685
6.000%
6/01/36
10,987
23
(c)
Fannie
Mae
Pool,
FN
995018
5.500%
6/01/38
22,741
35
(c)
Fannie
Mae
Pool,
FN
766070
5.500%
2/01/34
33,593
6
(c)
Fannie
Mae
Pool,
FN
709700
5.500%
6/01/33
5,949
301
(c)
Fannie
Mae
Pool,
FN
AW4182
3.500%
2/01/44
266,301
203
(c)
Fannie
Mae
Pool,
FN
BM5839
3.500%
11/01/47
179,357
12
(c)
Fannie
Mae
Pool,
FN
828346
5.000%
7/01/35
11,437
31
(c)
Fannie
Mae
Pool,
FN
745324
6.000%
3/01/34
30,338
2,941
(c)
Fannie
Mae
Pool,
FN
CB3234
3.000%
4/01/52
2,442,002
547
(c)
Fannie
Mae
Pool,
FN
MA4733
4.500%
9/01/52
502,474
2,011
(c)
Fannie
Mae
Pool,
FN
MA4438,
2021
1
2.500%
10/01/51
1,601,979
605
(c)
Fannie
Mae
Pool,
FN
MA4783
4.000%
10/01/52
539,177
464
(c)
Fannie
Mae
Pool,
FN
MA4644,
2022
1
4.000%
5/01/52
413,312
517
(c)
Fannie
Mae
Pool,
FN
MA3305
3.500%
3/01/48
453,086
722
(c)
Fannie
Mae
Pool,
FN
BM5126
3.500%
1/01/48
635,413
47
Fannie
Mae
REMIC
Trust
2002-W1,
2002
W1
4.711%
2/25/42
44,913
254
Fannie
Mae
REMIC
Trust
2003-W1,
2003
W1
2.512%
12/25/42
127,532
613
(c)
Freddie
Mac
Gold
Pool,
FG
Q40841
3.000%
6/01/46
519,122
672
(c)
Freddie
Mac
Gold
Pool,
FG
G60138
3.500%
8/01/45
593,800
411
(c)
Freddie
Mac
Gold
Pool,
FG
Q40718
3.500%
5/01/46
360,853
281
(c)
Freddie
Mac
Gold
Pool,
FG
G08566
3.500%
1/01/44
248,489
407
(c)
Freddie
Mac
Gold
Pool,
FG
G18497
3.000%
1/01/29
386,587
987
(c)
Freddie
Mac
Gold
Pool,
FG
G08528
3.000%
4/01/43
845,094
7
(c)
Freddie
Mac
Gold
Pool,
FG
C00676
6.500%
11/01/28
6,671
403
(c)
Freddie
Mac
Pool,
FR
RA7402
3.500%
5/01/52
346,707
1,761
(c)
Freddie
Mac
Pool,
FR
RA6766
2.500%
2/01/52
1,411,951
500
(b)
Freddie
Mac
STACR
REMIC
Trust,
(SOFR30A
reference
rate
+
2.500%
spread),
2022
DNA1,
144A
7.815%
1/25/42
489,911
410
(b)
Freddie
Mac
STACR
REMIC
Trust,
(SOFR30A
reference
rate
+
2.900%
spread),
2022
DNA3,
144A
8.215%
4/25/42
419,688
750
(b)
Freddie
Mac
STACR
REMIC
Trust,
(SOFR30A
reference
rate
+
2.400%
spread),
2022
DNA2,
144A
7.715%
2/25/42
755,233
275
(b)
Freddie
Mac
STACR
REMIC
Trust
2021-HQA1,
(SOFR30A
reference
rate
+
2.250%
spread),
2021
HQA1,
144A
7.565%
8/25/33
274,220
750
(b)
Freddie
Mac
STACR
REMIC
Trust
2022-DNA4,
(SOFR30A
reference
rate
+
3.350%
spread),
2022
DNA4,
144A
8.665%
5/25/42
779,015
500
FREMF
2017-K724
Mortgage
Trust,
2017
K724,
144A
3.583%
12/25/49
496,300
500
Frontier
Issuer
LLC,
2023
1,
144A
6.600%
8/20/53
477,069
37
(c)
Ginnie
Mae
I
Pool,
GN
631574
6.000%
7/15/34
38,046
69
(c)
Ginnie
Mae
I
Pool,
GN
604567
5.500%
8/15/33
67,481
642
(b)
GS
Mortgage
Securities
Corp
Trust
2018-TWR,
(TSFR1M
reference
rate
+
1.197%
spread),
2018
TWR,
144A
6.530%
7/15/31
541,366
185
GS
Mortgage
Securities
Trust
2013-GC16,
2013
GC16
5.161%
11/10/46
183,409
25
GS
Mortgage
Securities
Trust
2013-GCJ14,
2013
GC14,
144A
4.399%
8/10/46
23,712
45
GSMPS
Mortgage
Loan
Trust
2001-2,
2001
2,
144A
7.500%
6/19/32
41,184
318
GSMPS
Mortgage
Loan
Trust
2003-3,
2003
3,
144A
7.000%
6/25/43
312,076
249
GSMPS
Mortgage
Loan
Trust
2005-RP1,
2005
RP1,
144A
8.500%
1/25/35
245,004
353
GSMPS
Mortgage
Loan
Trust
2005-RP2,
2005
RP2,
144A
7.500%
3/25/35
334,432
322
GSMPS
Mortgage
Loan
Trust
2005-RP3,
2005
RP3,
144A
7.500%
9/25/35
311,455
205
GSMPS
Mortgage
Loan
Trust
2005-RP3,
2005
RP3,
144A
8.000%
9/25/35
195,038
3
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X–
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
(continued)
$
486
Hardee's
Funding
LLC,
2020
1A,
144A
3.981%
12/20/50
$
409,099
600
Hertz
Vehicle
Financing
III
LP,
2021
2A,
144A
1.680%
12/27/27
526,366
500
Hudson
Yards
2019-55HY
Mortgage
Trust,
2019
55HY,
144A
3.041%
12/10/41
382,540
109
Impac
Secured
Assets
CMN
Owner
Trust,
2000
3
8.000%
10/25/30
95,626
381
J.G.
Wentworth
XXXVII
LLC,
2016
1A,
144A
5.190%
6/17/69
330,610
430
J.P.
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2018-AON,
2018
AON,
144A
4.767%
7/05/31
247,781
636
JGWPT
XXV
LLC,
2012
1A,
144A
7.140%
2/15/67
613,948
263
JGWPT
XXVI
LLC,
2012
2A,
144A
6.770%
10/17/61
249,233
189
JP
Morgan
Alternative
Loan
Trust
2006-S1,
2006
S1
6.500%
3/25/36
104,604
500
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2016-JP4,
2016
JP4,
144A
3.516%
12/15/49
326,190
368
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2019-ICON
UES,
2019
UES,
144A
4.343%
5/05/32
351,947
500
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2020-NNN,
2020
NNN,
144A
3.620%
1/16/37
411,285
697
JPMDB
Commercial
Mortgage
Securities
Trust
2016-C4,
2016
C4
3.187%
12/15/49
482,512
500
JPMDB
Commercial
Mortgage
Securities
Trust
2017-C7,
2017
C7,
144A
3.000%
10/15/50
247,237
400
Manhattan
West
2020-1MW
Mortgage
Trust,
2020
1MW,
144A
2.413%
9/10/39
324,397
206
MASTR
Alternative
Loan
Trust
2004-1,
2004
1
7.000%
1/25/34
195,511
140
MASTR
Alternative
Loan
Trust
2004-5,
2004
5
7.000%
6/25/34
136,409
102
MASTR
Asset
Securitization
Trust
2003-11,
2003
11
5.250%
12/25/33
96,845
268
Mid-State
Capital
Corp
2005-1
Trust,
2005
1
5.745%
1/15/40
261,779
94
Mid-State
Trust
XI,
2003
11
5.598%
7/15/38
91,723
530
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
2014-C14,
2014
C14
5.032%
2/15/47
525,029
250
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
2015-C20,
2015
C20
4.603%
2/15/48
224,454
500
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
2016-C28,
2016
C28
4.756%
1/15/49
407,905
33
Morgan
Stanley
Mortgage
Loan
Trust
2006-2,
2006
2
5.750%
2/25/36
28,883
500
MSCG
Trust,
2015
ALDR,
144A
3.577%
6/07/35
424,554
334
MVW
2022-1
LLC,
2022
1A,
144A
4.150%
11/21/39
317,747
98
MVW
Owner
Trust
2017-1,
2017
1A,
144A
2.420%
12/20/34
95,533
1,000
(b)
Natixis
Commercial
Mortgage
Securities
Trust
2019-MILE,
(TSFR1M
reference
rate
+
2.829%
spread),
2019
MILE,
144A
8.162%
7/15/36
766,461
400
(b)
Neuberger
Berman
Loan
Advisers
CLO
31
Ltd,
(TSFR3M
reference
rate
+
1.812%
spread),
2019
31A,
144A
7.138%
4/20/31
396,610
500
(b)
Neuberger
Berman
Loan
Advisers
CLO
48
Ltd,
(TSFR3M
reference
rate
+
1.800%
spread),
2022
48A,
144A
7.151%
4/25/36
489,937
502
New
Residential
Mortgage
Loan
Trust,
2015
2A,
144A
5.364%
8/25/55
471,373
267
New
Residential
Mortgage
Loan
Trust
2014-1,
2014
1A,
144A
6.004%
1/25/54
254,986
475
Planet
Fitness
Master
Issuer
LLC,
2018
1A,
144A
4.666%
9/05/48
455,296
236
Planet
Fitness
Master
Issuer
LLC,
2022
1A,
144A
3.251%
12/05/51
211,383
1,250
(b)
PNMAC
GMSR
ISSUER
TRUST,
(1-Month
LIBOR
reference
rate
+
3.850%
spread),
2018
GT1,
144A
9.284%
2/25/25
1,252,022
1,250
(b)
PNMAC
GMSR
ISSUER
TRUST,
(1-Month
LIBOR
reference
rate
+
2.650%
spread),
2018
GT2,
144A
8.084%
8/25/25
1,251,169
485
RBS
Commercial
Funding
Inc
2013-SMV
Trust,
2013
SMV,
144A
3.704%
3/11/31
421,733
489
SERVPRO
Master
Issuer
LLC,
2021
1A,
144A
2.394%
4/25/51
403,444
269
Sesac
Finance
LLC,
2019
1,
144A
5.216%
7/25/49
252,911
165
Sierra
Timeshare
2020-2
Receivables
Funding
LLC,
2020
2A,
144A
3.510%
7/20/37
156,334
44
Sierra
Timeshare
Receivables
Funding
LLC,
2019
3A,
144A
4.180%
8/20/36
41,676
135
SLG
Office
Trust
2021-OVA,
2021
OVA,
144A
2.851%
7/15/41
97,487
373
Sonic
Capital
LLC,
2020
1A,
144A
3.845%
1/20/50
337,632
350
Stack
Infrastructure
Issuer
LLC,
2020
1A,
144A
1.893%
8/25/45
317,709
226
Start
II
LTD,
2019
1,
144A
5.095%
3/15/44
178,186
Nuveen
Multi-Market
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
4
JMM
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X–
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
(continued)
$
64
Structured
Receivables
Finance
2010-A
LLC,
2010
A,
144A
5.218%
1/16/46
$
62,384
586
Taco
Bell
Funding
LLC,
2016
1A,
144A
4.970%
5/25/46
564,710
648
Taco
Bell
Funding
LLC,
2021
1A,
144A
2.294%
8/25/51
529,679
295
Taco
Bell
Funding
LLC,
2021
1A,
144A
1.946%
8/25/51
254,861
250
VB-S1
Issuer
LLC
-
VBTEL,
2022
1A,
144A
4.288%
2/15/52
217,750
250
VNDO
Trust
2016-350P,
2016
350P,
144A
4.033%
1/10/35
225,154
8
Washington
Mutual
MSC
Mortgage
Pass-Through
Certificates
Series
2004-RA3
Trust
5.721%
8/25/38
7,474
195
Wells
Fargo
Commercial
Mortgage
Trust
2016-C33,
2016
C33
3.896%
3/15/59
161,360
500
Wells
Fargo
Commercial
Mortgage
Trust
2017-C38,
2017
C38
3.903%
7/15/50
409,731
567
Wendy's
Funding
LLC,
2021
1A,
144A
2.370%
6/15/51
465,498
451
Wendy's
Funding
LLC,
2019
1A,
144A
3.783%
6/15/49
418,016
391
Wendy's
Funding
LLC,
2018
1A,
144A
3.884%
3/15/48
350,198
985
Wingstop
Funding
LLC,
2020
1A,
144A
2.841%
12/05/50
852,206
176
Zaxby's
Funding
LLC,
2021
1A,
144A
3.238%
7/30/51
146,441
Total
Asset-Backed
and
Mortgage-Backed
Securities
(cost
$62,877,576)
56,289,347
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
CORPORATE
BONDS
-
36
.7
%
(
26
.3
%
of
Total
Investments)
X
21,242,935
Automobiles
&
Components
-
1.4%
$
50
Dana
Inc
4.250%
9/01/30
$
40,130
175
(c)
Ford
Motor
Co
3.250%
2/12/32
134,866
200
(c)
Ford
Motor
Credit
Co
LLC
6.950%
3/06/26
199,670
400
(c)
General
Motors
Financial
Co
Inc
3.600%
6/21/30
334,779
100
(c)
Goodyear
Tire
&
Rubber
Co/The
5.250%
4/30/31
84,255
Total
Automobiles
&
Components
793,700
Banks
-
4.8%
400
Banco
Santander
SA
2.749%
12/03/30
298,060
775
(c)
Bank
of
America
Corp
1.898%
7/23/31
588,889
60
Citigroup
Inc
6.174%
5/25/34
57,338
200
Intesa
Sanpaolo
SpA,
144A
6.625%
6/20/33
187,946
400
(c)
JPMorgan
Chase
&
Co
2.580%
4/22/32
315,530
300
JPMorgan
Chase
&
Co
3.650%
9/01/72
261,851
295
M&T
Bank
Corp
3.500%
3/01/72
207,456
250
(b)
PNC
Financial
Services
Group
Inc/The
(TSFR3M
reference
rate
+
3.940%
spread)
3.804%
2/01/72
250,245
300
Truist
Financial
Corp
4.800%
3/01/72
257,168
400
Wells
Fargo
&
Co
3.900%
3/15/72
349,339
Total
Banks
2,773,822
Capital
Goods
-
2.3%
455
(c)
Albion
Financing
2SARL,
144A
8.750%
4/15/27
422,013
350
(c)
Boeing
Co/The
3.250%
2/01/28
315,624
200
(c)
Boeing
Co/The
3.625%
2/01/31
172,758
65
Chart
Industries
Inc,
144A
9.500%
1/01/31
69,082
60
Chart
Industries
Inc,
144A
7.500%
1/01/30
60,329
100
H&E
Equipment
Services
Inc,
144A
3.875%
12/15/28
85,389
50
WESCO
Distribution
Inc,
144A
7.250%
6/15/28
50,243
135
(c)
Windsor
Holdings
III
LLC,
144A
8.500%
6/15/30
133,177
Total
Capital
Goods
1,308,615
5
Principal
Amount
(000)  
Description
(a)
Coupon
Maturity
Value
Commercial
&
Professional
Services
-
0.9%
$
100
(c)
GFL
Environmental
Inc,
144A
4.250%
6/01/25
$
96,100
150
(c)
MPH
Acquisition
Holdings
LLC,
144A
5.500%
9/01/28
127,387
200
(c)
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc,
144A
5.750%
4/15/26
194,034
100
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc,
144A
6.250%
1/15/28
92,617
Total
Commercial
&
Professional
Services
510,138
Consumer
Discretionary
Distribution
&
Retail
-
1.8%
365
(c)
Asbury
Automotive
Group
Inc,
144A
4.625%
11/15/29
313,491
325
(c)
Asbury
Automotive
Group
Inc,
144A
5.000%
2/15/32
269,275
50
Bath
&
Body
Works
Inc,
144A
6.625%
10/01/30
46,876
75
LCM
Investments
Holdings
II
LLC,
144A
4.875%
5/01/29
63,766
500
Michaels
Cos
Inc/The,
144A
7.875%
5/01/29
326,423
50
Michaels
Cos
Inc/The,
144A
5.250%
5/01/28
39,905
Total
Consumer
Discretionary
Distribution
&
Retail
1,059,736
Consumer
Services
-
0.1%
55
Marriott
Ownership
Resorts
Inc,
144A
4.500%
6/15/29
46,084
Total
Consumer
Services
46,084
Energy
-
3.8%
250
(c)
Archrock
Partners
LP
/
Archrock
Partners
Finance
Corp,
144A
6.875%
4/01/27
241,835
90
Civitas
Resources
Inc,
144A
8.375%
7/01/28
91,575
55
Civitas
Resources
Inc,
144A
8.750%
7/01/31
56,181
35
DT
Midstream
Inc,
144A
4.125%
6/15/29
30,276
30
DT
Midstream
Inc,
144A
4.375%
6/15/31
25,227
100
(c)
EnLink
Midstream
LLC
5.375%
6/01/29
92,500
250
EQM
Midstream
Partners
LP
6.500%
7/15/48
219,852
200
(c)
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
6.250%
5/15/26
191,719
200
(c)
MEG
Energy
Corp,
144A
5.875%
2/01/29
186,775
400
(c)
MPLX
LP
4.800%
2/15/29
379,505
125
(c)
Parkland
Corp,
144A
4.500%
10/01/29
107,041
315
(c)
Parkland
Corp/Canada,
144A
4.625%
5/01/30
268,531
200
USA
Compression
Partners
LP
/
USA
Compression
Finance
Corp
6.875%
4/01/26
195,909
110
(c)
Venture
Global
LNG
Inc,
144A
8.125%
6/01/28
108,916
Total
Energy
2,195,842
Equity
Real
Estate
Investment
Trusts
(Reits)
-
3.4%
650
(c)
Brixmor
Operating
Partnership
LP
4.050%
7/01/30
567,452
200
(c)
Essential
Properties
LP
2.950%
7/15/31
145,807
500
(c)
GLP
Capital
LP
/
GLP
Financing
II
Inc
4.000%
1/15/30
424,027
250
(c)
Iron
Mountain
Inc,
144A
5.250%
3/15/28
231,119
75
Iron
Mountain
Inc,
144A
4.500%
2/15/31
61,685
100
(c)
Kite
Realty
Group
Trust
4.750%
9/15/30
89,035
325
(c)
MPT
Operating
Partnership
LP
/
MPT
Finance
Corp
3.500%
3/15/31
202,953
250
(c)
SITE
Centers
Corp
4.250%
2/01/26
234,060
Total
Equity
Real
Estate
Investment
Trusts
(Reits)
1,956,138
Financial
Services
-
2.3%
300
American
Express
Co
3.550%
9/15/72
238,197
300
Bank
of
New
York
Mellon
Corp/The
4.700%
9/20/72
288,768
250
(c)
Compass
Group
Diversified
Holdings
LLC,
144A
5.250%
4/15/29
218,572
300
(c)
Goldman
Sachs
Group
Inc/The
1.992%
1/27/32
224,887
250
(c)
Navient
Corp
6.125%
3/25/24
248,664
170
(c)
OneMain
Finance
Corp
3.500%
1/15/27
145,562
Total
Financial
Services
1,364,650
Nuveen
Multi-Market
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
6
JMM
Principal
Amount
(000)  
Description
(a)
Coupon
Maturity
Value
Food,
Beverage
&
Tobacco
-
1.0%
$
400
(c)
BAT
Capital
Corp
2.726%
3/25/31
$
308,655
250
(c)
Chobani
LLC
/
Chobani
Finance
Corp
Inc,
144A
4.625%
11/15/28
220,495
75
Primo
Water
Holdings
Inc,
144A
4.375%
4/30/29
64,125
Total
Food,
Beverage
&
Tobacco
593,275
Health
Care
Equipment
&
Services
-
0.7%
50
CHS/Community
Health
Systems
Inc,
144A
5.625%
3/15/27
42,886
100
(c)
DaVita
Inc,
144A
4.625%
6/01/30
82,112
300
(c)
Tenet
Healthcare
Corp
4.375%
1/15/30
258,037
Total
Health
Care
Equipment
&
Services
383,035
Household
&
Personal
Products
-
0.1%
50
Kronos
Acquisition
Holdings
Inc
/
KIK
Custom
Products
Inc,
144A
5.000%
12/31/26
45,556
Total
Household
&
Personal
Products
45,556
Insurance
-
0.6%
25
AmWINS
Group
Inc,
144A
4.875%
6/30/29
21,906
300
(b)
Vitality
Re
XIV
Ltd
(3-Month
U.S.
Treasury
Bill
reference
rate
+
3.500%
spread),
144A
8.935%
1/05/27
306,660
Total
Insurance
328,566
Materials
-
2.6%
200
(c)
Ardagh
Metal
Packaging
Finance
USA
LLC
/
Ardagh
Metal
Packaging
Finance
PLC,
144A
3.250%
9/01/28
166,758
250
(c)
Constellium
SE,
144A
3.750%
4/15/29
209,479
240
(c)
EverArc
Escrow
Sarl,
144A
5.000%
10/30/29
192,343
375
(c)
NOVA
Chemicals
Corp,
144A
5.000%
5/01/25
353,269
60
Owens-Brockway
Glass
Container
Inc,
144A
7.250%
5/15/31
58,650
500
(c)
SunCoke
Energy
Inc,
144A
4.875%
6/30/29
424,862
120
(c)
Tronox
Inc,
144A
4.625%
3/15/29
96,841
Total
Materials
1,502,202
Media
&
Entertainment
-
2.2%
50
Arches
Buyer
Inc,
144A
4.250%
6/01/28
42,630
42
Cinemark
USA
Inc,
144A
8.750%
5/01/25
42,261
200
(c)
CSC
Holdings
LLC,
144A
11.250%
5/15/28
199,217
50
Directv
Financing
LLC
/
Directv
Financing
Co-Obligor
Inc,
144A
5.875%
8/15/27
44,209
325
(c)
Gray
Television
Inc,
144A
4.750%
10/15/30
215,303
200
(c)
LCPR
Senior
Secured
Financing
DAC,
144A
5.125%
7/15/29
160,879
135
(c)
Sirius
XM
Radio
Inc,
144A
4.000%
7/15/28
115,232
30
Sirius
XM
Radio
Inc,
144A
3.125%
9/01/26
26,738
75
Univision
Communications
Inc,
144A
4.500%
5/01/29
61,068
200
VZ
Secured
Financing
BV,
144A
5.000%
1/15/32
157,111
235
(c)
Warnermedia
Holdings
Inc
4.279%
3/15/32
199,472
Total
Media
&
Entertainment
1,264,120
Pharmaceuticals,
Biotechnology
&
Life
Sciences
-
1.3%
340
(c)
Avantor
Funding
Inc,
144A
3.875%
11/01/29
290,588
75
Avantor
Funding
Inc,
144A
4.625%
7/15/28
68,376
200
(c)
Organon
&
Co
/
Organon
Foreign
Debt
Co-Issuer
BV,
144A
5.125%
4/30/31
160,271
220
(c)
Teva
Pharmaceutical
Finance
Netherlands
III
BV
6.750%
3/01/28
216,039
Total
Pharmaceuticals,
Biotechnology
&
Life
Sciences
735,274
Real
Estate
Management
&
Development
-
0.5%
325
(c)
Kennedy-Wilson
Inc
5.000%
3/01/31
237,083
75
Kennedy-Wilson
Inc
4.750%
3/01/29
57,563
Total
Real
Estate
Management
&
Development
294,646
7
Principal
Amount
(000)  
Description
(a)
Coupon
Maturity
Value
Semiconductors
&
Semiconductor
Equipment
-
0.4%
$
300
(c)
Broadcom
Inc,
144A
2.450%
2/15/31
$
234,481
Total
Semiconductors
&
Semiconductor
Equipment
234,481
Software
&
Services
-
1.5%
500
Ahead
DB
Holdings
LLC,
144A
6.625%
5/01/28
422,340
250
CA
Magnum
Holdings,
144A
5.375%
10/31/26
221,277
285
(c)
Open
Text
Corp,
144A
3.875%
12/01/29
234,275
Total
Software
&
Services
877,892
Technology
Hardware
&
Equipment
-
0.8%
200
(c)
Imola
Merger
Corp,
144A
4.750%
5/15/29
175,280
400
(c)
T-Mobile
USA
Inc
2.250%
11/15/31
304,813
Total
Technology
Hardware
&
Equipment
480,093
Telecommunication
Services
-
1.4%
600
(c)
AT&T
Inc
2.750%
6/01/31
480,001
200
Iliad
Holding
SASU,
144A
6.500%
10/15/26
187,903
200
(c)
Vmed
O2
UK
Financing
I
PLC,
144A
4.750%
7/15/31
161,575
Total
Telecommunication
Services
829,479
Transportation
-
0.1%
100
(c)
Cargo
Aircraft
Management
Inc,
144A
4.750%
2/01/28
89,277
Total
Transportation
89,277
Utilities
-
2.7%
100
Ferrellgas
LP
/
Ferrellgas
Finance
Corp,
144A
5.875%
4/01/29
89,933
75
Ferrellgas
LP
/
Ferrellgas
Finance
Corp,
144A
5.375%
4/01/26
70,297
300
(c)
Georgia
Power
Co
4.650%
5/16/28
289,420
200
(c)
Suburban
Propane
Partners
LP/Suburban
Energy
Finance
Corp
5.875%
3/01/27
191,000
475
(c)
Superior
Plus
LP
/
Superior
General
Partner
Inc,
144A
4.500%
3/15/29
412,780
190
(c)
Talen
Energy
Supply
LLC,
144A
8.625%
6/01/30
194,769
350
(c)
Virginia
Electric
and
Power
Co
5.000%
4/01/33
328,115
Total
Utilities
1,576,314
Total
Corporate
Bonds
(cost
$25,000,779)
21,242,935
Principal
Amount
(000)
Description
(a)
,(d)
Coupon
Maturity
Value
X
–
CONTINGENT
CAPITAL
SECURITIES
-
2
.0
%
(
1
.4
%
of
Total
Investments)
X
1,171,979
Banks
-
1.7%
$
200
Banco
Bilbao
Vizcaya
Argentaria
SA
9.375%
N/A
(e)
$
198,450
200
Banco
Santander
SA
4.750%
N/A
(e)
148,372
200
Lloyds
Banking
Group
PLC
7.500%
N/A
(e)
186,855
200
Societe
Generale
SA,
144A
8.000%
N/A
(e)
195,289
250
UniCredit
SpA
,
Reg
S
8.000%
N/A
(e)
245,937
Total
Banks
974,903
Financial
Services
-
0.3%
200
UBS
Group
AG,
144A
7.000%
N/A
(e)
197,076
Total
Financial
Services
197,076
Total
Contingent
Capital
Securities
(cost
$1,283,197)
1,171,979
Nuveen
Multi-Market
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
8
JMM
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
SOVEREIGN
DEBT
-
1
.5
%
(
1
.1
%
of
Total
Investments)
X
880,553
Bahrain
-
0.4%
$
250
Bahrain
Government
International
Bond
,
144A
7.000%
10/12/28
$
253,084
Total
Bahrain
253,084
Egypt
-
0.6%
400
Egypt
Government
International
Bond
,
144A
5.875%
6/11/25
324,772
Total
Egypt
324,772
El
Salvador
-
0.1%
100
El
Salvador
Government
International
Bond
,
144A
5.875%
1/30/25
90,510
Total
El
Salvador
90,510
Turkey
-
0.4%
250
Turkey
Government
International
Bond
5.950%
1/15/31
212,187
Total
Turkey
212,187
Total
Sovereign
Debt
(cost
$1,008,821)
880,553
Principal
Amount
(000)
Description
(a)
Coupon
(f)
Reference
Rate
(f)
Spread
(f)
Maturity
(g)
Value
X
–
VARIABLE
RATE
SENIOR
LOAN
INTERESTS
-
1
.1
%
(
0
.8
%
of
Total
Investments)
(f)
X
635,638
Capital
Goods
-
0.4%
$
244
Core
&
Main
LP,
Term
Loan
B
7.804%
SOFR30A
+
SOFR90A
2.500%
6/10/28
$
244,703
Total
Capital
Goods
244,703
Insurance
-
0.4%
196
Alliant
Holdings
Intermediate,
LLC,
Term
Loan
B4
8.931%
1-Month
LIBOR
3.500%
11/06/27
195,826
Total
Insurance
195,826
9
Investments
in
Derivatives
kya
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.
Principal
Amount
(000)
Description
(a)
Coupon
(f)
Reference
Rate
(f)
Spread
(f)
Maturity
(g)
Value
Materials
-
0.3%
$
196
INEOS
Styrolution
US
Holding
LLC,
Term
Loan
B
8.181%
SOFR30A
2.750%
1/29/26
$
195,109
Total
Materials
195,109
Total
Variable
Rate
Senior
Loan
Interests
(cost
$635,212)
635,638
Total
Long-Term
Investments
(cost
$90,805,585)
80,220,452
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
1.2% (0.8%
of
Total
Investments)
X
–
REPURCHASE
AGREEMENTS
-
1
.2
%
(
0
.8
%
of
Total
Investments)
X
680,000
$
680
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/29/23,
repurchase
price
$680,000,
collateralized
by
$870,700
U.S.
Treasury
Bonds,
3.375%,
due
11/15/48,
value
$693,657
1.600%
10/02/23
$
680,000
Total
Repurchase
Agreements
(cost
$680,000)
680,000
Total
Short-Term
Investments
(cost
$680,000)
680,000
Total
Investments
(cost
$
91,485,585
)
-
139
.8
%
80,900,452
Reverse
Repurchase
Agreements,
including
accrued
interest
-
(41.5)%(h)
(
24,044,238
)
Other
Assets
&
Liabilities,
Net
-  1.7%
1,025,811
Net
Assets
Applicable
to
Common
Shares
-
100%
$
57,882,025
Futures
Contracts
-
Long
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
Value
Unrealized
Appreciation
(Depreciation)
U.S.
Treasury
Ultra
Bond
49
12/23
$
6,268,795
$
5,815,688
$
(
453,107
)
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
(i)
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
$
914,768
$
914,768
Nuveen
Multi-Market
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
10
JMM
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:
Asset-Backed
and
Mortgage-Backed
Securities
$
–
$
56,289,347
$
–
$
56,289,347
Corporate
Bonds
–
21,242,935
–
21,242,935
Contingent
Capital
Securities
–
1,171,979
–
1,171,979
Sovereign
Debt
–
880,553
–
880,553
Variable
Rate
Senior
Loan
Interests
–
635,638
–
635,638
Short-Term
Investments:
Repurchase
Agreements
–
680,000
–
680,000
Investments
in
Derivatives:
Futures
Contracts*
(453,107)
–
–
(453,107)
Interest
Rate
Swaps*
–
914,768
–
914,768
Total
$
(453,107)
$
81,815,220
$
–
$
81,362,113
*
Represents
net
unrealized
appreciation
(depreciation).
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.
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets
applicable
to
common
shares
unless
otherwise
noted.
(b)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(c)
Investment,
or
portion
of
investment,
has
been
pledged
to
collateralize
the
net
payment
obligations
for
investments
in
reverse
repurchase
agreements.
As
of
the
end
of
the
reporting
period,
investments
with
a
value
of
$26,643,716
have
been
pledged
as
collateral
for
reverse
repurchase
agreements.
(d)
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.
(e)
Perpetual
security.
Maturity
date
is
not
applicable.
(f)
Senior
loans
generally
pay
interest
at
rates
which
are
periodically
adjusted
by
reference
to
a
base
short-term,
floating
lending
rate
(Reference
Rate)
plus
an
assigned
fixed
rate
(Spread).
These
floating
lending
rates
are
generally
(i)
the
lending
rate
referenced
by
the
London
Inter-Bank
Offered
Rate
("LIBOR"),
or
(ii)
the
prime
rate
offered
by
one
or
more
major
United
States
banks.
Senior
loans
may
be
considered
restricted
in
that
the
Fund
ordinarily
is
contractually
obligated
to
receive
approval
from
the
agent
bank
and/or
borrower
prior
to
the
disposition
of
a
senior
loan.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(g)
Senior
loans
generally
are
subject
to
mandatory
and/or
optional
prepayment.
Because
of
these
mandatory
prepayment
conditions
and
because
there
may
be
significant
economic
incentives
for
a
borrower
to
prepay,
prepayments
of
senior
loans
may
occur.
As
a
result,
the
actual
remaining
maturity
of
senior
loans
held
may
be
substantially
less
than
the
stated
maturities
shown.
(h)
Reverse
Repurchase
Agreements,
including
accrued
interest
as
a
percentage
of
Total
investments
is
29.7%.
(i)
Effective
date
represents
the
date
on
which
both
the
Fund
and
counterparty
commence
interest
payment
accruals
on
each
contract.
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
Reg
S
Regulation
S
allows
U.S.
companies
to
sell
securities
to
persons
or
entities
located
outside
of
the
United
States
without
registering
those
securities
with
the
Securities
and
Exchange
Commission.
Specifically,
Regulation
S
provides
a
safe
harbor
from
the
registration
requirements
of
the
Securities
Act
for
the
offers
and
sales
of
securities
by
both
foreign
and
domestic
issuers
that
are
made
outside
the
United
States.
REIT
Real
Estate
Investment
Trust
SOFR
30A
30
Day
Average
Secured
Overnight
Financing
Rate
SOFR
90A
90
Day
Average
Secured
Overnight
Financing
Rate
TSFR
1M
CME
Term
SOFR
1
Month
TSFR
3M
CME
Term
SOFR
3
Month
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