NPORT-EX 2 NMAI.htm
1
Nuveen
Multi-Asset
Income
Fund
Portfolio
of
Investments
September
30,
2022
(Unaudited)
NMAI
Shares
Description
(1)
Value
LONG-TERM
INVESTMENTS
-
160.3%  
(99.5%
of
Total
Investments)
X
278,617,693
COMMON
STOCKS
-
62.2%
(38.6%
of
Total
Investments)
X
278,617,693
Aerospace
&
Defense
-
0.9%
30,867
Airbus
SE
(2)
$
2,660,747
1,053
Boeing
Co/The
(3)
127,497
234,300
Embraer
SA
(3)
506,010
7,099
Raytheon
Technologies
Corp
(4)
581,124
Total
Aerospace
&
Defense
3,875,378
Air
Freight
&
Logistics
-
0.4%
20,432
Deutsche
Post
AG
(2)
615,813
8,167
DSV
A/S
(2)
956,743
918
United
Parcel
Service
Inc,
Class
B
148,294
Total
Air
Freight
&
Logistics
1,720,850
Auto
Components
-
0.1%
15,273
Valeo
(2)
230,773
Automobiles
-
1.0%
2,552,200
Astra
International
Tbk
PT
(2)
1,104,463
2,031
Tesla
Inc
(3),(4)
538,723
202,000
Toyota
Motor
Corp
(2),(3)
2,640,229
Total
Automobiles
4,283,415
Banks
-
4.4%
287,076
Banco
Bilbao
Vizcaya
Argentaria
SA
(2)
1,287,778
16,966
Bancolombia
SA,
Sponsored
ADR
413,461
21,534
Bank
of
America
Corp
(4)
650,327
502,387
Barclays
PLC
(2)
799,365
268,000
China
Merchants
Bank
Co
Ltd
(2)
1,240,266
23,036
Commonwealth
Bank
of
Australia
(2)
1,340,118
7,586
Credicorp
Ltd
(4)
931,561
69,200
Grupo
Financiero
Banorte
SAB
de
CV
444,348
42,691
HDFC
Bank
Ltd,
ADR
2,494,008
160,907
ING
Groep
NV
(2)
1,378,720
21,141
JPMorgan
Chase
&
Co
2,209,234
31,116
KB
Financial
Group
Inc,
ADR
937,836
110,261
Nordea
Bank
Abp
(2)
942,265
2,435
PNC
Financial
Services
Group
Inc
(4)
363,838
93,717
Standard
Bank
Group
Ltd
(2)
740,340
47,800
Sumitomo
Mitsui
Financial
Group
Inc
(2)
1,325,087
7,019
US
Bancorp
283,006
48,715
Wells
Fargo
&
Co
(4)
1,959,317
Total
Banks
19,740,875
Beverages
-
1.9%
19,723
Coca-Cola
Co
(4)
1,104,882
76,574
Diageo
PLC
(2)
3,223,267
27,115
Fomento
Economico
Mexicano
SAB
de
CV,
Sponsored
ADR
(4)
1,701,466
12,520
Heineken
NV
(2)
1,093,385
13,975
Keurig
Dr
Pepper
Inc
500,585
7,888
Monster
Beverage
Corp
(3),(4)
685,941
1,155
PepsiCo
Inc
188,565
Total
Beverages
8,498,091
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
2
NMAI
Shares
Description
(1)
Value
Biotechnology
-
0.6%
11,950
AbbVie
Inc
$
1,603,810
6,463
Seagen
Inc
(3),(4)
884,332
Total
Biotechnology
2,488,142
Building
Products
-
0.6%
1,150
Allegion
PLC
103,132
28,211
Cie
de
Saint-Gobain
(2)
1,008,701
6,300
Daikin
Industries
Ltd
(2)
969,374
4,780
Masco
Corp
223,178
2,133
Trane
Technologies
PLC
308,880
Total
Building
Products
2,613,265
Capital
Markets
-
1.0%
435
BlackRock
Inc
239,372
6,340
Charles
Schwab
Corp
(4)
455,656
3,493
Goldman
Sachs
Group
Inc
(4)
1,023,623
31,900
Hong
Kong
Exchanges
&
Clearing
Ltd
(2)
1,090,419
11,808
Morgan
Stanley
(4)
932,950
37,200
SBI
Holdings
Inc/Japan
(2),(3)
667,556
Total
Capital
Markets
4,409,576
Chemicals
-
1.2%
17,735
Corteva
Inc
1,013,555
4,582
DuPont
de
Nemours
Inc
230,933
8,380
International
Flavors
&
Fragrances
Inc
761,155
2,243
Linde
PLC
604,690
10,180
Linde
PLC
(2)
2,756,057
2,124
PPG
Industries
Inc
(4)
235,106
Total
Chemicals
5,601,496
Commercial
Services
&
Supplies
-
0.7%
1,345
Casella
Waste
Systems
Inc,
Class
A
(3)
102,745
113,254
Cleanaway
Waste
Management
Ltd
(2)
197,442
8,305
Republic
Services
Inc
1,129,812
7,124
Waste
Connections
Inc
962,666
3,399
Waste
Management
Inc
544,554
Total
Commercial
Services
&
Supplies
2,937,219
Communications
Equipment
-
0.3%
31,756
Cisco
Systems
Inc
1,270,240
1,213
Motorola
Solutions
Inc
271,676
Total
Communications
Equipment
1,541,916
Construction
&
Engineering
-
0.7%
4,660
Eiffage
SA
(2)
373,700
48,026
Ferrovial
SA
(2)
1,090,123
46,670
Sitios
Latinoamerica
SAB
de
CV
(3)
20,833
22,643
Vinci
SA
(2)
1,830,929
Total
Construction
&
Engineering
3,315,585
Construction
Materials
-
0.5%
47,879
CRH
PLC
(2)
1,539,398
21,641
HeidelbergCement
AG
(2)
854,909
Total
Construction
Materials
2,394,307
Consumer
Finance
-
0.1%
4,308
American
Express
Co
(4)
581,192
3
Shares
Description
(1)
Value
Containers
&
Packaging
-
0.3%
14,075
Crown
Holdings
Inc
(4)
$
1,140,497
922
Packaging
Corp
of
America
103,532
Total
Containers
&
Packaging
1,244,029
Diversified
Financial
Services
-
0.3%
1,817
Berkshire
Hathaway
Inc,
Class
B
(3),(4)
485,176
48,300
ORIX
Corp
(2)
676,637
Total
Diversified
Financial
Services
1,161,813
Diversified
Telecommunication
Services
-
0.5%
22,863
Cellnex
Telecom
SA,
144A
(2)
705,245
22,250
DigitalBridge
Group
Inc
278,347
40,000
HKBN
Ltd
31,033
11,544
IHS
Holding
Ltd
(3),(4)
64,416
38,727
Infrastrutture
Wireless
Italiane
SpA,
144A
(2)
337,875
318,709
Koninklijke
KPN
NV
(2)
862,543
80,000
NetLink
NBN
Trust
50,409
3,406
Radius
Global
Infrastructure
Inc,
Class
A
(3)
32,084
Total
Diversified
Telecommunication
Services
2,361,952
Electric
Utilities
-
3.1%
21,192
Alliant
Energy
Corp
(4)
1,122,964
3,132
American
Electric
Power
Co
Inc
(4)
270,761
67,000
CK
Infrastructure
Holdings
Ltd
(2)
341,722
10,472
Duke
Energy
Corp
(4)
974,105
123,956
EDP
-
Energias
de
Portugal
SA
(2)
537,971
660
Elia
Group
SA/NV
(2)
77,663
8,955
Emera
Inc
362,323
265,759
Enel
SpA
(2)
1,089,937
2,795
Entergy
Corp
281,261
5,738
Eversource
Energy
447,334
20,400
Exelon
Corp
764,184
5,055
FirstEnergy
Corp
187,035
9,200
Hydro
One
Ltd,
144A
224,980
66,173
Iberdrola
SA
(2)
617,009
45,714
NextEra
Energy
Inc
(4)
3,584,435
2,441
Orsted
AS,
144A
(2)
194,550
6,768
PPL
Corp
171,569
2,712
Red
Electrica
Corp
SA
(2)
41,617
514
Southern
Co
34,952
4,418
SSE
PLC
(2)
74,602
96,159
Terna
-
Rete
Elettrica
Nazionale
(2)
585,659
26,410
Xcel
Energy
Inc
1,690,240
Total
Electric
Utilities
13,676,873
Electrical
Equipment
-
0.1%
3,671
Eaton
Corp
PLC
(4)
489,565
Electronic
Equipment,
Instruments
&
Components
-
0.4%
2,200
Keyence
Corp
(2)
727,233
1,668
Samsung
SDI
Co
Ltd
(2)
627,407
3,585
TE
Connectivity
Ltd
(4)
395,641
Total
Electronic
Equipment,
Instruments
&
Components
1,750,281
Energy
Equipment
&
Services
-
0.2%
7,238
Quarternorth
Energy
Holding
Inc
(2),(3)
873,388
7,368
Transocean
Ltd
(3)
18,199
Total
Energy
Equipment
&
Services
891,587
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
4
NMAI
Shares
Description
(1)
Value
Entertainment
-
1.0%
168,937
HUYA
Inc,
ADR
(3)
$
375,040
4,198
Metro-Goldwyn-Mayer
Inc
(2),(3)
18,681
50,310
Nintendo
Co
Ltd
(2)
2,029,218
56,226
Universal
Music
Group
BV
(2)
1,053,115
10,751
Walt
Disney
Co
(3),(4)
1,014,142
Total
Entertainment
4,490,196
Food
&
Staples
Retailing
-
1.0%
124,000
Cia
Brasileira
de
Distribuicao
445,718
2,678
Costco
Wholesale
Corp
(4)
1,264,739
541,038
Tesco
PLC
(2)
1,241,721
10,785
Walmart
Inc
(4)
1,398,815
Total
Food
&
Staples
Retailing
4,350,993
Food
Products
-
0.3%
7,415
Mondelez
International
Inc,
Class
A
406,564
8,858
Nestle
SA
(2)
958,058
Total
Food
Products
1,364,622
Gas
Utilities
-
0.2%
1,916
AltaGas
Ltd
36,687
55,350
APA
Group
(2)
340,565
4,017
Enagas
SA
(2)
62,179
68,297
Snam
SpA
(2)
276,052
Total
Gas
Utilities
715,483
Health
Care
Equipment
&
Supplies
-
0.8%
14,428
Abbott
Laboratories
1,396,053
4,138
Baxter
International
Inc
222,873
17,422
Boston
Scientific
Corp
(3),(4)
674,754
15,181
Medtronic
PLC
(4)
1,225,866
1,123
Zimmer
Biomet
Holdings
Inc
117,409
Total
Health
Care
Equipment
&
Supplies
3,636,955
Health
Care
Providers
&
Services
-
0.8%
1,773
Cigna
Corp
491,954
1,646
Elevance
Health
Inc
747,679
1,391
HCA
Inc
255,652
11,534
Millennium
Health
LLC
(3),(5)
565
12,280
Millennium
Health
LLC
(3),(5)
1,830
3,988
UnitedHealth
Group
Inc
(4)
2,014,100
Total
Health
Care
Providers
&
Services
3,511,780
Hotels,
Restaurants
&
Leisure
-
1.7%
83,128
24
Hour
Fitness
Worldwide
Inc
(2),(3)
62,346
174,789
24
Hour
Fitness
Worldwide
Inc
(2),(3)
15,382
458,283
Arcos
Dorados
Holdings
Inc,
Class
A
(4)
3,340,883
97
Booking
Holdings
Inc
(3)
159,391
3,077
Hilton
Worldwide
Holdings
Inc
(4)
371,148
7,212
McDonald's
Corp
(4)
1,664,097
131,280
Melco
Resorts
&
Entertainment
Ltd
(3),(4)
870,386
1,444,800
Wynn
Macau
Ltd
(2),(3)
920,908
Total
Hotels,
Restaurants
&
Leisure
7,404,541
Household
Durables
-
0.7%
60
NVR
Inc
(3)
239,225
48,500
Sony
Group
Corp
(2)
3,124,099
Total
Household
Durables
3,363,324
5
Shares
Description
(1)
Household
Products
-
0.6%
9,791
Procter
&
Gamble
Co
(4)
$
1,236,114
19,999
Reckitt
Benckiser
Group
PLC
(2)
1,325,562
Total
Household
Products
2,561,676
Independent
Power
And
Renewable
Electricity
Producers
-
0.9%
7,660
Brookfield
Renewable
Corp,
Class
A
250,329
17,671
Clearway
Energy
Inc,
Class
C
562,821
56,990
Meridian
Energy
Ltd
(2)
152,921
8,551
NextEra
Energy
Partners
LP
(4)
618,323
61,143
RWE
AG
(2)
2,247,372
Total
Independent
Power
And
Renewable
Electricity
Producers
3,831,766
Industrial
Conglomerates
-
1.2%
64,400
Hitachi
Ltd
(2),(3)
2,740,611
7,218
Honeywell
International
Inc
(4)
1,205,189
16,909
Siemens
AG
(2)
1,652,734
Total
Industrial
Conglomerates
5,598,534
Insurance
-
1.1%
7,943
American
International
Group
Inc
377,134
496,000
China
Life
Insurance
Co
Ltd
(2)
634,597
3,762
Chubb
Ltd
684,233
3,528
Marsh
&
McLennan
Cos
Inc
526,695
4,488
MetLife
Inc
272,781
262,000
Ping
An
Insurance
Group
Co
of
China
Ltd
(2)
1,307,064
2,823
Zurich
Insurance
Group
AG
(2)
1,125,390
Total
Insurance
4,927,894
Interactive
Media
&
Services
-
2.2%
12,460
Alphabet
Inc,
Class
A
(3),(4)
1,191,799
4,246
Alphabet
Inc,
Class
C
(3)
408,253
216,698
Baidu
Inc,
Class
A
(2),(3)
3,190,054
4,127
Meta
Platforms
Inc
(3),(4)
559,951
6,397
NAVER
Corp
(2)
852,184
113,400
Tencent
Holdings
Ltd
(2)
3,830,234
Total
Interactive
Media
&
Services
10,032,475
Internet
&
Direct
Marketing
Retail
-
1.9%
280,200
Alibaba
Group
Holding
Ltd
(2),(3)
2,796,210
8,060
Amazon.com
Inc
(3)
910,780
921,895
Americanas
SA
2,901,883
40,996
Baozun
Inc
(3)
257,455
186,273
Vipshop
Holdings
Ltd,
ADR
(3),(4)
1,566,556
Total
Internet
&
Direct
Marketing
Retail
8,432,884
IT
Services
-
1.2%
2,042
Accenture
PLC,
Class
A
525,406
33,000
Cyxtera
Technologies
Inc
(3),(4)
134,640
2,177
Fidelity
National
Information
Services
Inc
164,516
3,365
Fiserv
Inc
(3),(4)
314,863
59,300
Infomart
Corp
(2)
179,075
694
Mastercard
Inc
197,332
46,070
NEXTDC
Ltd
(2),(3)
257,763
121,617
Pagseguro
Digital
Ltd,
Class
A
(3),(4)
1,608,993
114,041
StoneCo
Ltd,
Class
A
(3),(4)
1,086,811
4,756
Visa
Inc,
Class
A
(4)
844,903
Total
IT
Services
5,314,302
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
6
NMAI
Shares
Description
(1)
Life
Sciences
Tools
&
Services
-
0.4%
465
Danaher
Corp
$
120,105
3,449
Lonza
Group
AG
(2)
1,679,287
Total
Life
Sciences
Tools
&
Services
1,799,392
Machinery
-
0.4%
4,832
Caterpillar
Inc
(4)
792,835
890
Deere
&
Co
297,162
2,299
Dover
Corp
268,017
2,560
Evoqua
Water
Technologies
Corp
(3)
84,659
1,354
Parker-Hannifin
Corp
(4)
328,088
Total
Machinery
1,770,761
Media
-
0.5%
343
Charter
Communications
Inc
(3),(4)
104,049
17,959
Comcast
Corp,
Class
A
526,738
270,000
Converge
Information
and
Communications
Technology
Solutions
Inc
(2),(3)
60,022
2
Cumulus
Media
Inc,
Class
A
(3)
14
145,216
Grupo
Televisa
SAB,
Sponsored
ADR
(4)
781,262
655,185
Hibu
PLC
(2),(3)
2,926
159,316
iClick
Interactive
Asia
Group
Ltd,
ADR
(3)
55,761
72,521
Vivendi
SE
(2)
562,514
Total
Media
2,093,286
Metals
&
Mining
-
1.4%
47,619
AngloGold
Ashanti
Ltd,
Sponsored
ADR
658,095
40,648
BHP
Group
Ltd
(2)
1,010,433
43,360
Freeport-McMoRan
Inc
1,185,029
354,303
Glencore
PLC
(2)
1,861,867
772
Reliance
Steel
&
Aluminum
Co
134,644
16,557
Rio
Tinto
PLC
(2)
895,830
45,900
Vale
SA
612,981
Total
Metals
&
Mining
6,358,879
Multiline
Retail
-
0.2%
1
Belk
Inc
(2),(3)
9
5,888
Target
Corp
(4)
873,720
Total
Multiline
Retail
873,729
Multi-Utilities
-
1.5%
7,206
Ameren
Corp
580,443
1,384
Brookfield
Infrastructure
Corp,
Class
A
56,329
20,582
CenterPoint
Energy
Inc
(4)
580,001
18,968
CMS
Energy
Corp
(4)
1,104,696
20,764
Dominion
Energy
Inc
(4)
1,435,000
6,373
DTE
Energy
Co
733,214
1,303
National
Grid
PLC,
Sponsored
ADR
67,144
14,303
NiSource
Inc
360,292
145,500
Sembcorp
Industries
Ltd
(2)
310,772
4,486
Sempra
Energy
672,631
4,556
Veolia
Environnement
SA
(2)
87,075
10,115
WEC
Energy
Group
Inc
(4)
904,584
Total
Multi-Utilities
6,892,181
Oil,
Gas
&
Consumable
Fuels
-
6.6%
36,719
Antero
Resources
Corp
(3),(4)
1,121,031
120,819
BP
PLC
(2)
577,320
9,622
Cheniere
Energy
Inc
(4)
1,596,386
7,448
Chevron
Corp
(4)
1,070,054
7,554
ConocoPhillips
773,076
7
Shares
Description
(1)
Oil,
Gas
&
Consumable
Fuels
(continued)
6,260
Diamondback
Energy
Inc
(4)
$
754,080
299
DT
Midstream
Inc
15,515
58,895
Enbridge
Inc
(4)
2,185,004
4,909
Energy
Transfer
LP
54,146
12,264
Enterprise
Products
Partners
LP
291,638
3,373
EOG
Resources
Inc
376,865
80,722
Equinor
ASA
(2),(3)
2,662,108
23,963
Exxon
Mobil
Corp
(4)
2,092,210
7,238
Gibson
Energy
Inc
115,118
14,243
Keyera
Corp
293,243
40,027
Kinder
Morgan
Inc
666,049
6,758
ONEOK
Inc
346,280
15,076
Pembina
Pipeline
Corp
457,950
73,994
Petroleo
Brasileiro
SA,
Sponsored
ADR
(4)
913,086
1,744
Phillips
66
140,776
5,468
Plains
GP
Holdings
LP,
Class
A
59,656
40,942
Reliance
Industries
Ltd,
Sponsored
GDR,
144A
2,395,107
167,388
Shell
PLC
(2)
4,152,550
11,549
Targa
Resources
Corp
(4)
696,867
29,635
TC
Energy
Corp
1,193,681
29,639
TotalEnergies
SE
(2),(3)
1,390,500
355,000
United
Tractors
Tbk
PT
(2)
762,236
10,259
Valero
Energy
Corp
(4)
1,096,174
51,951
Williams
Cos
Inc
(4)
1,487,357
Total
Oil,
Gas
&
Consumable
Fuels
29,736,063
Personal
Products
-
0.5%
348,370
Haleon
PLC
(3)
1,086,206
16,400
Shiseido
Co
Ltd
(2)
574,774
16,472
Unilever
PLC
(2)
723,777
Total
Personal
Products
2,384,757
Pharmaceuticals
-
4.2%
37,003
AstraZeneca
PLC
(2)
4,067,718
61,043
Bayer
AG
(2)
2,812,526
21,877
Bristol-Myers
Squibb
Co
1,555,236
95,300
Daiichi
Sankyo
Co
Ltd
(2)
2,663,716
47,790
GSK
PLC
(2)
690,217
6,108
Johnson
&
Johnson
(4)
997,803
11,382
Merck
&
Co
Inc
(4)
980,218
23,710
Novartis
AG
(2)
1,807,577
5,603
Pfizer
Inc
(4)
245,187
9,324
Roche
Holding
AG
(2)
3,035,266
Total
Pharmaceuticals
18,855,464
Professional
Services
-
0.3%
53,200
Recruit
Holdings
Co
Ltd
(2)
1,532,460
Real
Estate
Management
&
Development
-
0.0%
22,500
Tricon
Residential
Inc
194,625
Road
&
Rail
-
1.1%
3,447
Canadian
National
Railway
Co
372,241
11,660
Canadian
Pacific
Railway
Ltd
778,346
5,355
Canadian
Pacific
Railway
Ltd
357,286
14,070
CSX
Corp
374,825
13,300
East
Japan
Railway
Co
(2)
682,084
399
Norfolk
Southern
Corp
83,650
11,008
Union
Pacific
Corp
2,144,579
Total
Road
&
Rail
4,793,011
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
8
NMAI
Shares
Description
(1)
Semiconductors
&
Semiconductor
Equipment
-
3.1%
2,026
Analog
Devices
Inc
$
282,303
2,337
Applied
Materials
Inc
191,470
4,753
ASML
Holding
NV
(2)
1,969,067
2,580
Broadcom
Inc
1,145,546
19,723
Intel
Corp
508,262
272
Lam
Research
Corp
99,552
81,000
MediaTek
Inc
(2)
1,397,769
4,860
Micron
Technology
Inc
243,486
1,370
NXP
Semiconductors
NV
202,089
19,208
SK
Hynix
Inc
(2)
1,098,701
94,889
Taiwan
Semiconductor
Manufacturing
Co
Ltd,
Sponsored
ADR
(3),(4)
6,505,590
1,503
Texas
Instruments
Inc
232,634
Total
Semiconductors
&
Semiconductor
Equipment
13,876,469
Software
-
1.2%
15,249
Microsoft
Corp
(4)
3,551,492
4,767
Oracle
Corp
291,121
5,063
Salesforce
Inc
(3),(4)
728,262
1,799
ServiceNow
Inc
(3),(4)
679,320
Total
Software
5,250,195
Specialty
Retail
-
0.4%
5,407
Home
Depot
Inc
(4)
1,492,007
1,333
Lowe's
Cos
Inc
250,351
3,273
TJX
Cos
Inc
203,319
Total
Specialty
Retail
1,945,677
Technology
Hardware,
Storage
&
Peripherals
-
1.0%
24,027
Apple
Inc
(4)
3,320,532
37,644
Samsung
Electronics
Co
Ltd
(2)
1,382,259
Total
Technology
Hardware,
Storage
&
Peripherals
4,702,791
Textiles,
Apparel
&
Luxury
Goods
-
1.1%
3,732
adidas
AG
(2)
429,036
9,017
EssilorLuxottica
SA
(2)
1,225,616
3,736
Kering
SA
(2)
1,657,097
20,470
Moncler
SpA
(2)
835,678
8,644
NIKE
Inc,
Class
B
(4)
718,489
Total
Textiles,
Apparel
&
Luxury
Goods
4,865,916
Tobacco
-
0.2%
25,515
British
American
Tobacco
PLC
(2)
914,905
1,940
Philip
Morris
International
Inc
161,039
Total
Tobacco
1,075,944
Trading
Companies
&
Distributors
-
0.3%
22,640
Ashtead
Group
PLC
(2)
1,016,758
1,794
United
Rentals
Inc
(3),(4)
484,595
Total
Trading
Companies
&
Distributors
1,501,353
Transportation
Infrastructure
-
2.4%
13,503
Aena
SME
SA,
144A
(2),(3)
1,401,336
12,758
Atlantia
SpA
(2)
281,514
191,204
Atlas
Arteria
Ltd
(2)
761,385
284,815
Auckland
International
Airport
Ltd
(2),(3)
1,141,629
140,000
China
Merchants
Port
Holdings
Co
Ltd
(2)
175,841
115,415
COSCO
Shipping
Ports
Ltd
(2)
72,643
31,556
Enav
SpA,
144A
(2),(3)
114,827
9
Shares
Description
(1)
Value
Transportation
Infrastructure
(continued)
2,237
Flughafen
Zurich
AG
(2),(3)
$
330,642
4,694
Fraport
AG
Frankfurt
Airport
Services
Worldwide
(2),(3)
168,790
60,829
Getlink
SE
(2)
943,296
10,590
Grupo
Aeroportuario
del
Centro
Norte
SAB
de
CV,
ADR
530,983
5,894
Grupo
Aeroportuario
del
Pacifico
SAB
de
CV,
ADR
747,241
40,700
International
Container
Terminal
Services
Inc
(2)
108,542
6,200
Japan
Airport
Terminal
Co
Ltd
(2),(3)
259,109
22,300
Kamigumi
Co
Ltd
(2)
411,721
57,238
Port
of
Tauranga
Ltd
(2)
206,440
113,604
Qube
Holdings
Ltd
(2)
180,373
348,283
Transurban
Group
(2)
2,750,536
Total
Transportation
Infrastructure
10,586,848
Water
Utilities
-
0.2%
34,895
Pennon
Group
PLC
(2)
304,466
27,034
Severn
Trent
PLC
(2)
706,712
Total
Water
Utilities
1,011,178
Wireless
Telecommunication
Services
-
0.3%
933,400
America
Movil
SAB
de
CV
770,746
2,984
T-Mobile
US
Inc
(3),(4)
400,363
Total
Wireless
Telecommunication
Services
1,171,109
Total
Common
Stocks
(cost
$337,916,089)
278,617,693
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
X
90,333,280
VARIABLE
RATE
SENIOR
LOAN
INTERESTS
-
20.2%
(12.5%
of
Total
Investments)
(6)
X
90,333,280
Aerospace
&
Defense
-
0.0%
$
40
TransDigm,
Inc.,
Term
Loan
E
5.924%
3-Month
LIBOR
2.250%
5/30/25
BB-
$
38,389
64
TransDigm,
Inc.,
Term
Loan
F
5.924%
3-Month
LIBOR
2.250%
12/09/25
BB-
61,316
104
Total
Aerospace
&
Defense
99,705
Airlines
-
0.6%
162
AAdvantage
Loyalty
IP
Ltd.,
Term
Loan
7.460%
3-Month
LIBOR
4.750%
4/20/28
Ba2
157,757
324
Air
Canada,
Term
Loan
B
6.421%
3-Month
LIBOR
3.500%
8/11/28
BB
309,108
136
American
Airlines,
Inc.,
Term
Loan
4.818%
1-Month
LIBOR
2.000%
12/14/23
B
134,291
953
Kestrel
Bidco
Inc.,
Term
Loan
B
5.993%
1-Month
LIBOR
3.000%
12/11/26
B
844,413
651
Mileage
Plus
Holdings
LLC,
Term
Loan
B
8.777%
3-Month
LIBOR
5.250%
6/20/27
Baa3
655,282
250
SkyMiles
IP
Ltd.,
Term
Loan
B
6.460%
3-Month
LIBOR
3.750%
10/20/27
Baa1
251,348
369
United
Airlines,
Inc.,
Term
Loan
B
6.533%
3-Month
LIBOR
3.750%
4/21/28
BB
353,816
2,845
Total
Airlines
2,706,015
Auto
Components
-
0.1%
369
Adient
US
LLC,
Term
Loan
B
6.365%
1-Month
LIBOR
3.250%
4/08/28
BB+
349,171
21
DexKo
Global
Inc.,
Term
Loan
6.865%
1-Month
LIBOR
3.750%
10/04/28
B+
19,870
113
DexKo
Global
Inc.,
Term
Loan
B
7.424%
3-Month
LIBOR
3.750%
10/04/28
B+
104,314
503
Total
Auto
Components
473,355
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
10
NMAI
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Beverages
-
0.3%
$
474
Naked
Juice
LLC,
Term
Loan
6.903%
SOFR90A
3.250%
1/20/29
BB-
$
436,433
33
Naked
Juice
LLC,
Term
Loan,
(DD1)
6.230%
3-Month
LIBOR
3.250%
1/20/29
BB-
30,145
164
Naked
Juice
LLC,
Term
Loan,
Second
Lien
9.653%
3-Month
LIBOR
6.000%
1/20/30
B-
151,046
375
Sunshine
Investments
B.V.,
Term
Loan
6.962%
SOFR90A
4.250%
7/12/29
B+
359,374
444
Triton
Water
Holdings,
Inc,
Term
Loan
7.174%
3-Month
LIBOR
3.500%
3/31/28
B+
400,804
1,490
Total
Beverages
1,377,802
Biotechnology
-
0.0%
72
Grifols
Worldwide
Operations
USA,
Inc.,
Term
Loan
B
5.115%
1-Month
LIBOR
2.000%
11/15/27
BB-
68,505
Building
Products
-
0.2%
401
Chamberlain
Group
Inc,
Term
Loan
B
6.615%
1-Month
LIBOR
3.500%
10/22/28
B
366,057
45
Cornerstone
Building
Brands,
Inc.,
Term
Loan
B
6.068%
1-Month
LIBOR
3.250%
4/12/28
B
37,079
167
Quikrete
Holdings,
Inc.,
Term
Loan,
First
Lien
5.740%
1-Month
LIBOR
2.625%
1/31/27
BB
160,741
70
SRS
Distribution
Inc,
Term
Loan,
(WI/DD)
TBD
TBD
TBD
TBD
B
64,522
208
Standard
Industries
Inc.,
Term
Loan
B
6.675%
6-Month
LIBOR
2.500%
9/22/28
BBB-
202,407
65
Zurn
Holdings,
Inc.,
Term
Loan
B
5.365%
1-Month
LIBOR
2.250%
10/04/28
BB
63,650
956
Total
Building
Products
894,456
Capital
Markets
-
0.1%
361
Astra
Acquisition
Corp.,
Term
Loan,
First
Lien
8.365%
1-Month
LIBOR
5.250%
10/22/28
B
308,407
Chemicals
-
0.2%
368
Diamond
(BC)
B.V.,
Term
Loan
B
5.556%
3-Month
LIBOR
2.750%
9/29/28
BB-
340,417
315
Discovery
Purchaser
Corp,
Term
Loan,
(WI/DD)
TBD
TBD
TBD
TBD
B-
289,309
79
INEOS
Styrolution
US
Holding
LLC,
Term
Loan
B
5.865%
1-Month
LIBOR
2.750%
1/29/26
BB
73,805
228
PMHC
II,
Inc.,
Term
Loan
B
6.977%
SOFR90A
4.250%
2/03/29
B-
185,267
60
Trinseo
Materials
Operating
S.C.A.,
Term
Loan
5.115%
1-Month
LIBOR
2.000%
9/09/24
BB
57,659
1
W.R.
Grace
&
Co.-Conn.,
Term
Loan
B
7.438%
3-Month
LIBOR
3.750%
9/22/28
B+
1,168
1,051
Total
Chemicals
947,625
Commercial
Services
&
Supplies
-
0.6%
309
Amentum
Government
Services
Holdings
LLC,
Term
Loan
7.206%
SOFR90A
4.000%
2/07/29
B+
296,083
198
Anticimex
International
AB,
Term
Loan
B1
6.570%
3-Month
LIBOR
3.500%
11/16/28
B
188,575
156
AVSC
Holding
Corp.,
Term
Loan
B3(cash
5.000%,
PIK
10.000%)
10.000%
3-Month
LIBOR
10.000%
12/04/26
CCC+
160,027
223
Covanta
Holding
Corporation,
Term
Loan
B
5.615%
1-Month
LIBOR
2.500%
11/30/28
BB+
216,533
11
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Commercial
Services
&
Supplies
(continued)
$
17
Covanta
Holding
Corporation,
Term
Loan
C
5.615%
1-Month
LIBOR
2.500%
11/30/28
BB+
$
16,260
250
Garda
World
Security
Corporation,
Term
Loan
B
7.240%
3-Month
LIBOR
4.250%
10/30/26
B
235,899
695
GFL
Environmental
Inc.,
Term
Loan
5.806%
3-Month
LIBOR
3.000%
5/30/25
BB-
688,670
375
Intrado
Corporation,
Term
Loan
7.115%
1-Month
LIBOR
4.000%
10/10/24
B
323,475
369
Prime
Security
Services
Borrower,
LLC,
Term
Loan
5.303%
1-Month
LIBOR
2.750%
9/23/26
BB-
357,915
–
Vertical
US
Newco
Inc,
Term
Loan
B
6.871%
6-Month
LIBOR
3.500%
7/31/27
B+
601
177
West
Corporation,
Term
Loan
B1
6.615%
1-Month
LIBOR
3.500%
10/10/24
B
150,776
2,769
Total
Commercial
Services
&
Supplies
2,634,814
Communications
Equipment
-
0.5%
234
Avaya,
Inc.,
Term
Loan
B
7.068%
1-Month
LIBOR
4.250%
12/15/27
CCC
127,895
181
CommScope,
Inc.,
Term
Loan
B
6.365%
1-Month
LIBOR
3.250%
4/04/26
B+
167,861
643
Delta
TopCo,
Inc.,
Term
Loan
B
6.832%
3-Month
LIBOR
3.750%
12/01/27
B
585,249
100
EOS
US
Finco
LLC,
Term
Loan,
(WI/DD)
TBD
TBD
TBD
TBD
B
95,375
624
Maxar
Technologies
Ltd.,
Term
Loan
B
7.384%
SOFR30A
4.350%
6/14/29
B
587,331
421
MLN
US
HoldCo
LLC,
Term
Loan,
First
Lien,
(DD1)
8.252%
3-Month
LIBOR
4.500%
11/30/25
B-
265,323
755
Riverbed
Technology,
Inc.,
Exit
Term
Loan(cash
7.000%,
PIK
2.000%)
2.000%
1-Month
LIBOR
2.000%
12/07/26
Caa1
294,054
125
ViaSat,
Inc.,
Term
Loan
7.649%
SOFR30A
4.500%
3/04/29
BB
111,128
3,083
Total
Communications
Equipment
2,234,216
Construction
&
Engineering
-
0.1%
3
AECOM,
Term
Loan
B
3.416%
1-Month
LIBOR
1.750%
4/13/28
BBB-
2,805
55
Brand
Energy
&
Infrastructure
Services,
Inc.,
Term
Loan
7.033%
3-Month
LIBOR
4.250%
6/21/24
B-
48,440
199
Centuri
Group,
Inc,
Term
Loan
B
7.750%
3-Month
LIBOR
1.500%
8/27/28
BB
192,508
257
Total
Construction
&
Engineering
243,753
Containers
&
Packaging
-
0.1%
145
Clydesdale
Acquisition
Holdings
Inc,
Term
Loan
B
7.309%
SOFR30A
4.175%
3/30/29
B
136,844
17
Klockner-Pentaplast
of
America,
Inc.,
Term
Loan
B
8.259%
6-Month
LIBOR
4.750%
2/09/26
B
14,504
148
Reynolds
Group
Holdings
Inc.
,
Term
Loan
B
6.615%
1-Month
LIBOR
3.500%
9/24/28
B+
142,769
125
Reynolds
Group
Holdings
Inc.
,
Term
Loan
B2
6.365%
1-Month
LIBOR
3.250%
2/05/26
B+
119,650
3
Sabert
Corporation,
Term
Loan
B
7.625%
1-Month
LIBOR
4.500%
12/10/26
B
2,978
438
Total
Containers
&
Packaging
416,745
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
12
NMAI
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Diversified
Consumer
Services
-
0.0%
$
244
Spin
Holdco
Inc.,
Term
Loan
7.144%
3-Month
LIBOR
4.000%
3/04/28
B-
$
215,369
Diversified
Financial
Services
-
0.1%
38
Avaya,
Inc.,
Term
Loan
B2
6.818%
1-Month
LIBOR
4.000%
12/15/27
CCC
20,362
154
Avolon
TLB
Borrower
1
(US)
LLC,
Term
Loan
B3
4.764%
1-Month
LIBOR
1.750%
1/15/25
BBB
150,666
195
Ditech
Holding
Corporation,
Term
Loan(9)
0.000%
N/A
0.000%
12/19/22
N/R
24,449
324
Trans
Union,
LLC,
Term
Loan
B6
5.363%
1-Month
LIBOR
2.250%
12/01/28
BBB-
314,290
711
Total
Diversified
Financial
Services
509,767
Diversified
Telecommunication
Services
-
0.6%
119
Altice
France
S.A.,
Term
Loan
B12
6.200%
3-Month
LIBOR
3.688%
1/31/26
B
108,034
464
Altice
France
S.A.,
Term
Loan
B13
6.905%
3-Month
LIBOR
4.000%
8/14/26
B
422,054
100
CenturyLink,
Inc.,
Term
Loan
B
5.365%
1-Month
LIBOR
2.250%
3/15/27
BB+
91,160
224
Cincinnati
Bell,
Inc.,
Term
Loan
B2
6.284%
SOFR30A
3.250%
11/23/28
B+
215,340
960
Cyxtera
DC
Holdings,
Inc.,
Term
Loan
B,
(DD1)
5.790%
3-Month
LIBOR
3.000%
5/01/24
B
878,914
388
Dawn
Acquisition
LLC,
Term
Loan,
(DD1)
7.424%
3-Month
LIBOR
3.750%
12/31/25
B-
287,483
367
Eagle
Broadband
Investments
LLC,
Term
Loan
6.688%
3-Month
LIBOR
3.000%
11/12/27
B+
351,087
379
Frontier
Communications
Corp.,
Term
Loan
B
7.438%
3-Month
LIBOR
3.750%
10/08/27
B
354,286
–
(10)
Intelsat
Jackson
Holdings
S.A.,
Term
Loan
B4(9)
10.250%
3-Month
LIBOR
5.500%
1/02/24
N/R
383
1
Intelsat
Jackson
Holdings
S.A.,
Term
Loan
B5(9)
8.625%
N/A
0.000%
1/02/24
N/R
621
3,002
Total
Diversified
Telecommunication
Services
2,709,362
Electric
Utilities
-
0.2%
372
Pacific
Gas
&
Electric
Company,
Term
Loan
6.125%
1-Month
LIBOR
3.000%
6/23/25
BB-
356,956
523
Talen
Energy
Supply,
LLC,
Term
Loan
B,
(DD1)(9)
6.865%
1-Month
LIBOR
3.750%
7/08/26
N/R
531,109
895
Total
Electric
Utilities
888,065
Electrical
Equipment
-
0.0%
194
Vertiv
Group
Corporation,
Term
Loan
B
5.303%
1-Month
LIBOR
2.750%
3/02/27
BB-
185,289
Electronic
Equipment,
Instruments
&
Components
-
0.1%
429
Ingram
Micro
Inc.,
Term
Loan
B
7.174%
3-Month
LIBOR
3.500%
7/02/28
BB-
418,450
Entertainment
-
0.3%
845
AMC
Entertainment
Holdings,
Inc.
,
Term
Loan
B
5.756%
3-Month
LIBOR
3.000%
4/22/26
B-
664,555
368
Crown
Finance
US,
Inc.,
Term
Loan(9)
0.000%
12-Month
LIBOR
0.000%
2/28/25
D
158,413
85
Crown
Finance
US,
Inc.,
Term
Loan(9)
0.000%
12-Month
LIBOR
0.000%
9/20/26
D
36,087
71
Crown
Finance
US,
Inc.,
Term
Loan
B1
10.076%
6-Month
LIBOR
8.250%
5/23/24
D
76,818
13
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Entertainment
(continued)
$
51
Diamond
Sports
Group,
LLC,
Term
Loan
10.695%
1-Month
LIBOR
8.000%
5/19/26
B
$
49,608
353
Diamond
Sports
Group,
LLC,
Term
Loan,
Second
Lien
5.945%
SOFR30A
3.250%
8/24/26
CCC+
70,446
118
Lions
Gate
Capital
Holdings
LLC,
Term
Loan
B
5.371%
1-Month
LIBOR
2.250%
3/24/25
BB
114,503
385
Springer
Nature
Deutschland
GmbH,
Term
Loan
B18
6.115%
1-Month
LIBOR
3.000%
8/14/26
B+
374,505
2,276
Total
Entertainment
1,544,935
Food
&
Staples
Retailing
-
0.2%
69
US
Foods,
Inc.,
5.115%
1-Month
LIBOR
2.000%
9/13/26
BB
67,777
934
US
Foods,
Inc.,
Term
Loan
B
5.865%
1-Month
LIBOR
2.750%
11/22/28
BB
914,023
1,003
Total
Food
&
Staples
Retailing
981,800
Food
Products
-
0.2%
254
CHG
PPC
Parent
LLC,
Term
Loan
6.125%
1-Month
LIBOR
3.000%
12/08/28
B+
243,576
140
H
Food
Holdings
LLC,
Term
Loan
B
6.803%
1-Month
LIBOR
3.688%
5/31/25
B
110,662
365
Sycamore
Buyer
LLC,
Term
Loan
B
4.756%
3-Month
LIBOR
2.250%
7/22/29
BB+
353,367
759
Total
Food
Products
707,605
Health
Care
Equipment
&
Supplies
-
0.6%
837
Bausch
&
Lomb,
Inc.,
Term
Loan
6.098%
SOFR30A
3.250%
5/05/27
B+
780,296
103
Embecta
Corp,
Term
Loan
B
4.916%
CME
Term
SOFR
3
Month
3.250%
1/27/29
BB-
100,299
2,072
Medline
Borrower,
LP,
Term
Loan
B
6.365%
1-Month
LIBOR
3.250%
10/21/28
B+
1,908,974
3,012
Total
Health
Care
Equipment
&
Supplies
2,789,569
Health
Care
Providers
&
Services
-
1.8%
144
24
Hour
Fitness
Worldwide,
Inc.,
Exit
Term
Loan(11)
1.000%
Unfunded
1.000%
9/30/26
N/R
143,515
36
ADMI
Corp.,
Term
Loan
B2
6.490%
1-Month
LIBOR
3.375%
12/23/27
B
32,006
371
AHP
Health
Partners,
Inc.,
Term
Loan
B
6.615%
1-Month
LIBOR
3.500%
8/23/28
B+
354,298
220
Change
Healthcare
Holdings
LLC,
Term
Loan
B
7.750%
3-Month
LIBOR
1.500%
3/01/24
B+
219,410
60
DaVita,
Inc.
,
Term
Loan
B
4.865%
1-Month
LIBOR
1.750%
8/12/26
BBB-
57,033
27
Element
Materials
Technology
Group
US
Holdings
Inc,
Term
Loan,
(WI/
DD)(11)
TBD
TBD
TBD
TBD
B+
25,332
58
Element
Materials
Technology
Group
US
Holdings
Inc.,
Term
Loan,
(WI/DD)
TBD
TBD
TBD
TBD
B+
54,886
950
Gainwell
Acquisition
Corp.,
Term
Loan
B
7.674%
3-Month
LIBOR
4.000%
10/01/27
B+
907,541
99
Global
Medical
Response,
Inc.,
Term
Loan
7.365%
1-Month
LIBOR
4.250%
3/14/25
B
86,335
736
Global
Medical
Response,
Inc.,
Term
Loan
B
6.814%
1-Month
LIBOR
4.250%
10/02/25
B
641,472
293
ICON
Luxembourg
S.A.R.L.,
Term
Loan
5.936%
3-Month
LIBOR
2.250%
7/01/28
BB+
287,038
157
Onex
TSG
Intermediate
Corp.,
Term
Loan
B
7.865%
1-Month
LIBOR
4.750%
2/26/28
B
138,997
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
14
NMAI
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Health
Care
Providers
&
Services
(continued)
$
375
Packaging
Coordinators
Midco
Inc,
Term
Loan,
(WI/
DD)
TBD
TBD
TBD
TBD
N/R
$
357,422
1,945
Parexel
International
Corporation,
Term
Loan,
First
Lien
6.365%
1-Month
LIBOR
3.250%
11/15/28
B+
1,860,383
322
Phoenix
Guarantor
Inc,
Term
Loan
B
6.365%
1-Month
LIBOR
3.250%
3/05/26
B+
306,142
121
Phoenix
Guarantor
Inc,
Term
Loan
B3
6.615%
1-Month
LIBOR
3.500%
3/05/26
B+
115,536
963
RegionalCare
Hospital
Partners
Holdings,
Inc.,
Term
Loan
B,
(DD1)
6.871%
1-Month
LIBOR
3.750%
11/16/25
B+
898,131
406
Select
Medical
Corporation,
Term
Loan
B
5.620%
1-Month
LIBOR
2.500%
3/06/25
BB
394,079
1,172
Surgery
Center
Holdings,
Inc.,
Term
Loan
6.510%
1-Month
LIBOR
3.750%
8/31/26
B+
1,115,103
213
Team
Health
Holdings,
Inc.,
Term
Loan
B
7.530%
3-Month
LIBOR
5.250%
2/02/27
B-
182,294
8,668
Total
Health
Care
Providers
&
Services
8,176,953
Health
Care
Technology
-
0.1%
65
Athenahealth,
Inc.,
Term
Loan(11)
3.500%
Unfunded
3.500%
1/27/29
B
58,598
384
Athenahealth,
Inc.,
Term
Loan
B
6.576%
SOFR30A
3.500%
1/27/29
B
344,863
449
Total
Health
Care
Technology
403,461
Hotels
-
0.1%
250
Flutter
Financing
BV,
Term
Loan
B,
(WI/DD)
TBD
TBD
TBD
TBD
BBB-
244,453
168
Penn
National
Gaming,
Inc.,
Term
Loan
B
5.884%
SOFR30A
2.750%
4/20/29
BB
162,226
418
Total
Hotels
406,679
Hotels,
Restaurants
&
Leisure
-
2.5%
368
24
Hour
Fitness
Worldwide,
Inc.,
Exit
Term
Loan
8.642%
3-Month
LIBOR
5.000%
12/29/25
CCC-
116,944
372
Alterra
Mountain
Company,
Term
Loan
6.615%
1-Month
LIBOR
3.500%
8/17/28
B+
361,410
889
B.C.
Unlimited
Liability
Company,
Term
Loan
B4
4.871%
1-Month
LIBOR
1.750%
11/19/26
BB+
852,034
571
Caesars
Resort
Collection,
LLC,
Term
Loan
B,
First
Lien
5.865%
1-Month
LIBOR
2.750%
12/22/24
B+
558,697
166
Carnival
Corporation,
Term
Loan
B
5.877%
6-Month
LIBOR
3.000%
6/30/25
BB
151,502
221
Churchill
Downs
Incorporated,
Term
Loan
B1
5.113%
1-Month
LIBOR
2.000%
3/17/28
BBB-
214,478
587
ClubCorp
Holdings,
Inc.,
Term
Loan
B
6.391%
3-Month
LIBOR
2.750%
9/18/24
B
542,429
294
Crown
Finance
US,
Inc.,
Term
Loan(11)
5.806%
3-Month
LIBOR
3.000%
2/28/23
CCC+
123,939
125
Crown
Finance
US,
Inc.,
Term
Loan
B1(cash
7.132%,
PIK
8.250%)(9)
10.076%
6-Month
LIBOR
8.250%
5/23/24
D
149,445
1,472
Delta
2
(LUX)
S.a.r.l.,
Term
Loan
5.615%
1-Month
LIBOR
2.500%
2/01/24
BB-
1,457,553
371
Equinox
Holdings,
Inc.,
Term
Loan,
First
Lien
6.674%
3-Month
LIBOR
3.000%
3/08/24
CCC
283,410
1,233
Fertitta
Entertainment,
LLC,
Term
Loan
B
7.034%
SOFR30A
4.000%
1/27/29
B
1,147,511
15
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Hotels,
Restaurants
&
Leisure
(continued)
$
346
Hilton
Grand
Vacations
Borrower
LLC,
Term
Loan
B
6.115%
1-Month
LIBOR
3.000%
8/02/28
BB+
$
335,687
121
IRB
Holding
Corp,
Term
Loan
B
5.695%
SOFR30A
3.000%
12/15/27
B+
113,908
714
NASCAR
Holdings,
Inc,
Term
Loan
B,
(DD1)
5.615%
1-Month
LIBOR
2.500%
10/18/26
BBB-
703,758
57
PCI
Gaming
Authority,
Term
Loan
5.615%
1-Month
LIBOR
2.500%
5/31/26
BB+
55,520
292
Scientific
Games
Holdings
LP,
Term
Loan
B
5.617%
SOFR90A
3.500%
2/04/29
B+
271,195
319
Scientific
Games
International,
Inc.,
Term
Loan
5.906%
SOFR30A
3.000%
4/07/29
BB
310,901
396
SeaWorld
Parks
&
Entertainment,
Inc.,
Term
Loan
B
6.125%
1-Month
LIBOR
3.000%
8/25/28
BB-
380,944
2,178
Stars
Group
Holdings
B.V.
(The),
Term
Loan
4.500%
3-Month
LIBOR
2.250%
7/10/25
BBB-
2,099,135
580
Twin
River
Worldwide
Holdings,
Inc.,
Term
Loan
B
5.935%
1-Month
LIBOR
3.250%
10/01/28
BB
525,605
545
William
Morris
Endeavor
Entertainment,
LLC,
Term
Loan,
First
Lien
5.870%
1-Month
LIBOR
2.750%
5/16/25
B
521,843
12,217
Total
Hotels,
Restaurants
&
Leisure
11,277,848
Household
Durables
-
0.1%
23
AI
Aqua
Merger
Sub
Inc,
Term
Loan,
(WI/DD)(11)
TBD
TBD
TBD
TBD
B-
21,593
102
AI
Aqua
Merger
Sub
Inc,
Term
Loan
B,
(WI/DD)
TBD
TBD
TBD
TBD
B-
95,009
298
Serta
Simmons
Bedding,
LLC,
Term
Loan(9)
10.793%
1-Month
LIBOR
7.500%
8/10/23
CCC+
159,219
17
Serta
Simmons
Bedding,
LLC,
Term
Loan(9)
10.793%
1-Month
LIBOR
7.500%
8/10/23
B-
16,737
456
Weber-Stephen
Products
LLC,
Term
Loan
B
6.365%
1-Month
LIBOR
3.250%
10/30/27
CCC+
374,629
896
Total
Household
Durables
667,187
Independent
Power
And
Renewable
Electricity
Prod
-
0.0%
3
Vistra
Operations
Company
LLC,
Term
Loan
B3,
First
Lien
4.865%
1-Month
LIBOR
1.750%
12/31/25
BBB-
2,817
Independent
Power
And
Renewable
Electricity
Producers
-
0.1%
284
Talen
Energy
Supply,
LLC,
Term
Loan(9)
8.239%
SOFR90A
4.750%
11/10/23
N/R
285,136
Insurance
-
1.0%
363
Acrisure,
LLC,
Term
Loan
B
6.615%
1-Month
LIBOR
3.500%
2/15/27
B
333,026
595
Alliant
Holdings
Intermediate,
LLC,
Term
Loan
B4
6.493%
1-Month
LIBOR
3.500%
11/12/27
B
565,368
248
AssuredPartners,
Inc.,
Term
Loan
B
6.615%
1-Month
LIBOR
3.500%
2/13/27
B
235,476
274
Asurion
LLC,
Term
Loan
B4,
Second
Lien
8.365%
1-Month
LIBOR
5.250%
1/15/29
B
210,980
599
Asurion
LLC,
Term
Loan
B7
6.115%
1-Month
LIBOR
3.000%
11/03/24
BB-
561,937
296
Asurion
LLC,
Term
Loan
B9,
(DD1)
6.365%
1-Month
LIBOR
3.250%
7/31/27
BB-
250,825
390
Broadstreet
Partners,
Inc.,
Term
Loan
B
6.115%
1-Month
LIBOR
3.000%
1/27/27
B+
369,952
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
16
NMAI
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Insurance
(continued)
$
371
Broadstreet
Partners,
Inc.,
Term
Loan
B2
6.365%
1-Month
LIBOR
3.250%
1/27/27
B+
$
352,224
871
Hub
International
Limited,
Term
Loan
B,
(DD1)
5.982%
3-Month
LIBOR
3.250%
4/25/25
B
840,290
248
Hub
International
Limited,
Term
Loan
B
6.674%
3-Month
LIBOR
3.000%
4/25/25
B
238,974
576
Ryan
Specialty
Group,
LLC,
Term
Loan
6.035%
SOFR30A
3.000%
9/01/27
BB-
558,447
4,831
Total
Insurance
4,517,499
Interactive
Media
&
Services
-
0.2%
1,062
Rackspace
Technology
Global,
Inc.,
Term
Loan
B
5.617%
3-Month
LIBOR
2.750%
2/09/28
B+
763,969
Internet
&
Direct
Marketing
Retail
-
0.1%
368
CNT
Holdings
I
Corp,
Term
Loan
6.248%
CME
Term
SOFR
1
Month
3.500%
11/08/27
B
351,729
IT
Services
-
0.5%
100
Optiv
Security,
Inc.
,
Term
Loan,
First
Lien
7.420%
3-Month
LIBOR
3.250%
2/01/24
B-
95,738
119
Peraton
Corp.,
Term
Loan
B
6.865%
1-Month
LIBOR
3.750%
2/01/28
B+
113,158
781
Syniverse
Holdings,
Inc.,
Term
Loan
10.034%
SOFR30A
7.000%
5/10/29
B-
676,269
586
Tempo
Acquisition
LLC,
Term
Loan
B
6.034%
SOFR30A
3.000%
8/31/28
BB-
572,411
468
Travelport
Finance
(Luxembourg)
S.a.r.l.,
Term
Loan(cash
3.500%,
PIK
6.500%)
5.174%
3-Month
LIBOR
1.500%
2/28/25
B-
463,584
94
WEX
Inc.,
Term
Loan
5.365%
1-Month
LIBOR
2.250%
4/01/28
BB
91,789
2,148
Total
IT
Services
2,012,949
Leisure
Products
-
0.0%
75
SRAM,
LLC
,
Term
Loan
B
5.820%
3-Month
LIBOR
2.750%
5/18/28
BB-
71,221
Life
Sciences
Tools
&
Services
-
0.1%
68
Avantor
Funding,
Inc.,
Term
Loan
B5
5.365%
1-Month
LIBOR
2.250%
11/06/27
BB+
66,740
76
ICON
Luxembourg
S.A.R.L.,
Term
Loan
5.892%
3-Month
LIBOR
2.250%
7/01/28
BB+
74,765
226
Maravai
Intermediate
Holdings,
LLC,
Term
Loan
B
5.553%
SOFR90A
3.000%
10/19/27
B+
219,191
370
Total
Life
Sciences
Tools
&
Services
360,696
Machinery
-
0.3%
329
Ali
Group
North
America
Corporation,
Term
Loan
B
5.149%
1-Month
LIBOR
2.000%
10/13/28
BBB-
318,655
372
Filtration
Group
Corporation,
Term
Loan
6.621%
1-Month
LIBOR
3.500%
10/21/28
B
354,353
539
Gates
Global
LLC,
Term
Loan
B3
5.615%
1-Month
LIBOR
2.500%
3/31/27
BB-
518,567
134
Grinding
Media
Inc.,
Term
Loan
B
7.702%
3-Month
LIBOR
4.000%
10/12/28
B
119,852
1,374
Total
Machinery
1,311,427
17
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Media
-
1.7%
$
335
ABG
Intermediate
Holdings
2
LLC,
Term
Loan,
(WI/DD)
TBD
TBD
TBD
TBD
B+
$
321,181
334
ABG
Intermediate
Holdings
2
LLC,
Term
Loan
B1
6.634%
SOFR30A
3.600%
12/21/28
B+
320,378
80
ABG
Intermediate
Holdings
2
LLC,
Term
Loan,
Second
Lien
9.134%
SOFR30A
6.000%
12/20/29
CCC+
75,800
121
Cable
One,
Inc.,
Term
Loan
B4
5.115%
1-Month
LIBOR
2.000%
5/03/28
BB+
119,067
645
Cengage
Learning,
Inc.,
Term
Loan
B
7.814%
3-Month
LIBOR
4.750%
7/14/26
B
585,525
1,407
Clear
Channel
Outdoor
Holdings,
Inc.,
Term
Loan
B
6.306%
3-Month
LIBOR
3.500%
8/21/26
B+
1,260,753
426
CSC
Holdings,
LLC,
Term
Loan
5.068%
1-Month
LIBOR
2.250%
1/15/26
BB-
399,607
194
CSC
Holdings,
LLC,
Term
Loan
B1
5.068%
1-Month
LIBOR
2.250%
7/17/25
BB-
185,503
97
CSC
Holdings,
LLC,
Term
Loan
B5
5.318%
1-Month
LIBOR
2.500%
4/15/27
BB-
91,125
49
Cumulus
Media
New
Holdings
Inc.,
Term
Loan
B
6.865%
1-Month
LIBOR
3.750%
3/31/26
B
47,053
977
DirecTV
Financing,
LLC,
Term
Loan
8.115%
1-Month
LIBOR
5.000%
8/02/27
BB
913,086
372
Dotdash
Meredith
Inc,
Term
Loan
B
6.612%
1-Month
LIBOR
4.000%
12/01/28
BB-
333,479
207
Gray
Television,
Inc.,
Term
Loan
B
5.613%
1-Month
LIBOR
2.500%
2/07/24
BB
206,608
829
iHeartCommunications,
Inc.,
Term
Loan
6.115%
1-Month
LIBOR
3.000%
5/01/26
BB-
781,072
608
McGraw-Hill
Global
Education
Holdings,
LLC,
Term
Loan
8.316%
6-Month
LIBOR
4.750%
7/30/28
B
562,466
84
Mission
Broadcasting,
Inc.,
Term
Loan
B
5.064%
1-Month
LIBOR
2.500%
6/03/28
BBB-
82,467
73
Outfront
Media
Capital
LLC,
Term
Loan
B
4.865%
1-Month
LIBOR
1.750%
11/18/26
BB+
70,011
576
Radiate
Holdco,
LLC,
Term
Loan
B
6.365%
1-Month
LIBOR
3.250%
9/25/26
B+
533,918
500
Radiate
Holdco,
LLC,
Term
Loan
B,
(WI/DD)
TBD
TBD
TBD
TBD
N/R
463,753
250
Virgin
Media
Bristol
LLC,
Term
Loan
N
5.318%
1-Month
LIBOR
2.500%
1/31/28
BB-
239,201
231
Ziggo
Financing
Partnership,
Term
Loan
I
5.318%
1-Month
LIBOR
2.500%
4/30/28
B+
220,944
8,395
Total
Media
7,812,997
Multiline
Retail
-
0.0%
2
Belk,
Inc.,
Term
Loan
10.480%
3-Month
LIBOR
7.500%
7/31/25
B-
1,513
8
Belk,
Inc.,
Term
Loan(cash
5.000%,
PIK
8.000%)
13.000%
3-Month
LIBOR
4.000%
7/31/25
CCC-
1,461
10
Total
Multiline
Retail
2,974
Oil,
Gas
&
Consumable
Fuels
-
0.4%
59
Citgo
Petroleum
Corporation,
Term
Loan
B
9.363%
1-Month
LIBOR
6.250%
3/28/24
B+
59,009
1
DT
Midstream,
Inc,
Term
Loan
B
3.688%
1-Month
LIBOR
2.000%
6/10/28
BBB-
1,256
142
EG
America
LLC,
Term
Loan
7.674%
3-Month
LIBOR
4.000%
2/05/25
B-
132,243
408
Freeport
LNG
Investments,
LLLP,
Term
Loan
A
5.802%
3-Month
LIBOR
3.000%
11/16/26
N/R
382,463
571
Gulf
Finance,
LLC,
Term
Loan
9.870%
1-Month
LIBOR
6.750%
8/25/26
B
454,818
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
18
NMAI
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Oil,
Gas
&
Consumable
Fuels
(continued)
$
165
M6
ETX
Holdings
II
Midco
LLC,
Term
Loan
B,
(WI/DD)
TBD
TBD
TBD
TBD
B+
$
162,268
365
QuarterNorth
Energy
Holding
Inc.,
Exit
Term
Loan,
Second
Lien
11.115%
1-Month
LIBOR
8.000%
8/27/26
B
364,439
233
TransMontaigne
Operating
Company
L.P.,
Term
Loan
B
6.493%
1-Month
LIBOR
3.500%
11/05/28
BB-
221,723
1,944
Total
Oil,
Gas
&
Consumable
Fuels
1,778,219
Paper
&
Forest
Products
-
0.1%
309
Asplundh
Tree
Expert,
LLC,
Term
Loan
B
4.865%
1-Month
LIBOR
1.750%
9/04/27
BBB-
301,617
Personal
Products
-
0.1%
–
(10)
Kronos
Acquisition
Holdings
Inc.,
Term
Loan
B
6.820%
3-Month
LIBOR
3.750%
12/22/26
B
14
746
Revlon
Consumer
Products
Corporation,
Term
Loan
B(9)
4.250%
3-Month
LIBOR
3.500%
9/07/23
N/R
308,268
746
Total
Personal
Products
308,282
Pharmaceuticals
-
0.6%
588
Bausch
Health
Companies
Inc.,
Term
Loan
B
8.098%
SOFR30A
5.250%
1/27/27
B
454,030
1,115
Jazz
Financing
Lux
S.a.r.l.,
Term
Loan
6.615%
1-Month
LIBOR
3.500%
5/05/28
BB
1,079,931
372
LSCS
Holdings,
Inc.,
Term
Loan,
First
Lien
8.174%
3-Month
LIBOR
4.500%
12/16/28
B
358,231
–
(10)
Mallinckrodt
International
Finance
S.A.,
Term
Loan
B(9)
8.733%
3-Month
LIBOR
5.250%
9/24/24
B
79
556
Organon
&
Co,
Term
Loan
6.188%
3-Month
LIBOR
3.000%
6/02/28
BB
544,714
156
Perrigo
Investments,
LLC,
Term
Loan
B
5.535%
SOFR30A
2.500%
4/05/29
BBB-
153,665
2,787
Total
Pharmaceuticals
2,590,650
Professional
Services
-
0.3%
247
CCRR
Parent,
Inc,
Term
Loan
B
6.870%
1-Month
LIBOR
3.750%
3/05/28
B
239,135
114
CHG
Healthcare
Services
Inc.,
Term
Loan
6.924%
3-Month
LIBOR
3.250%
9/30/28
B+
109,616
118
Dun
&
Bradstreet
Corporation
(The),
Term
Loan
6.330%
1-Month
LIBOR
3.250%
2/08/26
B+
114,324
299
Physician
Partners
LLC,
Term
Loan
7.134%
SOFR30A
4.000%
2/01/29
B
281,709
202
Trans
Union,
LLC,
Term
Loan
B5
4.865%
1-Month
LIBOR
1.750%
11/13/26
BBB-
195,234
244
Verscend
Holding
Corp.,
Term
Loan
B
7.115%
1-Month
LIBOR
4.000%
8/27/25
B+
237,744
1,224
Total
Professional
Services
1,177,762
Real
Estate
Management
&
Development
-
0.1%
245
Cushman
&
Wakefield
U.S.
Borrower,
LLC,
Term
Loan
B
5.865%
1-Month
LIBOR
2.750%
8/21/25
BB
235,118
Road
&
Rail
-
0.2%
139
First
Student
Bidco
Inc,
Term
Loan
B
6.642%
3-Month
LIBOR
3.000%
7/21/28
BB-
128,758
70
First
Student
Bidco
Inc,
Term
Loan
C
6.642%
3-Month
LIBOR
3.000%
7/21/28
BB-
65,275
589
Hertz
Corporation,
(The),
Term
Loan
B,
(DD1)
6.363%
1-Month
LIBOR
3.250%
6/30/28
BB+
558,491
19
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Road
&
Rail
(continued)
$
112
Hertz
Corporation,
(The),
Term
Loan
C,
(DD1)
6.365%
1-Month
LIBOR
3.250%
6/30/28
BB+
$
106,506
910
Total
Road
&
Rail
859,030
Semiconductors
&
Semiconductor
Equipment
-
0.3%
133
Bright
Bidco
B.V.,
Term
Loan
10.903%
CME
Term
SOFR
3
Month
8.000%
2/28/23
N/R
132,942
1,114
Bright
Bidco
B.V.,
Term
Loan
B(9)
0.000%
12-Month
LIBOR
0.000%
6/30/24
D
388,845
147
Entegris,
Inc.,
Term
Loan
B
5.597%
SOFR
3
Month
3.000%
7/06/29
BBB-
146,184
860
MKS
Instruments
Inc.,
Term
Loan,
(WI/DD)
TBD
TBD
TBD
TBD
BB+
841,510
2,254
Total
Semiconductors
&
Semiconductor
Equipment
1,509,481
Software
-
3.0%
373
AppLovin
Corporation,
Term
Loan
B
6.674%
3-Month
LIBOR
3.000%
10/21/28
BB-
359,599
140
Apttus
Corporation,
Term
Loan
7.117%
3-Month
LIBOR
4.250%
5/06/28
B-
129,486
532
Avaya,
Inc.,
Term
Loan,
(DD1)
12.845%
SOFR30A
10.000%
12/15/27
CCC
339,482
367
Banff
Merger
Sub
Inc,
Term
Loan
6.865%
1-Month
LIBOR
3.750%
10/02/25
B
348,774
397
Camelot
U.S.
Acquisition
LLC,
Term
Loan
B
6.115%
1-Month
LIBOR
3.000%
10/31/26
B+
384,863
367
Camelot
U.S.
Acquisition
LLC,
Term
Loan
B
6.115%
1-Month
LIBOR
3.000%
10/31/26
B+
355,570
305
CDK
Global,
Inc.,
Term
Loan
B
6.610%
SOFR90A
4.500%
7/06/29
B+
294,534
1,225
Ceridian
HCM
Holding
Inc.,
Term
Loan
B
5.615%
1-Month
LIBOR
2.500%
4/30/25
B+
1,169,389
250
DTI
Holdco,
Inc.,
Term
Loan
7.327%
SOFR90A
4.750%
4/21/29
B
238,014
1,173
Epicor
Software
Corporation,
Term
Loan
6.365%
1-Month
LIBOR
3.250%
7/31/27
B
1,102,939
1,305
Finastra
USA,
Inc.,
Term
Loan,
First
Lien
6.871%
3-Month
LIBOR
3.500%
6/13/24
B
1,139,223
370
Greeneden
U.S.
Holdings
II,
LLC,
Term
Loan
B4
7.115%
1-Month
LIBOR
4.000%
12/01/27
B
353,470
371
IGT
Holding
IV
AB,
Term
Loan
B2
7.074%
3-Month
LIBOR
3.400%
3/29/28
B
354,526
522
Informatica
LLC,
Term
Loan
B
5.875%
1-Month
LIBOR
2.750%
10/14/28
BB-
508,665
249
Instructure
Holdings,
Inc.,
Term
Loan
B
6.121%
3-Month
LIBOR
2.750%
10/29/28
Ba1
242,531
114
MA
FinanceCo.,
LLC,
Term
Loan
B
7.418%
3-Month
LIBOR
4.250%
6/05/25
BB-
112,818
612
McAfee,
LLC,
Term
Loan
B
6.362%
SOFR30A
3.750%
2/03/29
B
559,624
500
NortonLifeLock
Inc.,
Term
Loan
B
4.848%
SOFR90A
2.000%
1/28/29
BB+
481,750
188
Proofpoint,
Inc.,
Term
Loan,
First
Lien
6.320%
3-Month
LIBOR
3.250%
8/31/28
B
177,069
69
RealPage,
Inc,
Term
Loan,
First
Lien
6.115%
1-Month
LIBOR
3.000%
4/22/28
B
65,080
548
Seattle
Spinco,
Inc.,
Term
Loan
B3
5.865%
1-Month
LIBOR
2.750%
6/21/24
BB-
537,142
489
Seattle
Spinco,
Inc.,
Term
Loan
B5
7.147%
SOFR30A
4.000%
1/14/27
BB-
480,917
1,023
Sophia,
L.P.,
Term
Loan
B
7.141%
3-Month
LIBOR
3.500%
10/07/27
B
985,505
177
SS&C
European
Holdings
Sarl,
Term
Loan
B4
4.865%
1-Month
LIBOR
1.750%
4/16/25
BB+
171,550
204
SS&C
Technologies
Inc.,
Term
Loan
B3
4.865%
1-Month
LIBOR
1.750%
4/16/25
BB+
197,525
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
20
NMAI
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Software
(continued)
$
48
SS&C
Technologies
Inc.,
Term
Loan
B6
5.384%
SOFR30A
2.250%
3/22/29
BB+
$
46,922
68
SS&C
Technologies
Inc.,
Term
Loan
B7
5.384%
SOFR30A
2.250%
3/22/29
BB+
66,255
750
UKG
Inc,
Term
Loan,
(WI/DD)
TBD
TBD
TBD
TBD
B+
715,627
796
Ultimate
Software
Group
Inc
(The),
Term
Loan,
(DD1)
5.535%
3-Month
LIBOR
3.250%
5/03/26
B+
759,979
302
Ultimate
Software
Group
Inc
(The),
Term
Loan,
Second
Lien,
(WI/DD)
TBD
TBD
TBD
TBD
CCC+
286,776
363
Zelis
Healthcare
Corporation,
Term
Loan
6.064%
1-Month
LIBOR
3.500%
9/30/26
B
350,644
14,197
Total
Software
13,316,248
Specialty
Retail
-
0.6%
266
Avis
Budget
Car
Rental,
LLC,
Term
Loan
B,
(DD1)
4.870%
1-Month
LIBOR
1.750%
8/06/27
BB+
252,409
289
Avis
Budget
Car
Rental,
LLC,
Term
Loan
C
6.634%
SOFR30A
3.500%
3/15/29
BB+
278,788
374
Driven
Holdings,
LLC,
Term
Loan
B
6.565%
3-Month
LIBOR
3.000%
12/17/28
B
360,970
211
Jo-Ann
Stores,
Inc.,
Term
Loan
B1,
(DD1)
7.516%
3-Month
LIBOR
4.750%
6/30/28
B-
140,535
156
Les
Schwab
Tire
Centers,
Term
Loan
B
6.580%
3-Month
LIBOR
3.250%
11/02/27
B
149,561
1,352
PetSmart,
Inc.,
Term
Loan
B
6.870%
1-Month
LIBOR
3.750%
2/12/28
BB-
1,284,382
198
Restoration
Hardware,
Inc.,
Term
Loan
B
5.615%
1-Month
LIBOR
2.500%
10/15/28
BB
175,997
248
Staples,
Inc.,
Term
Loan
B2
7.282%
3-Month
LIBOR
4.500%
9/12/24
B
233,969
3,094
Total
Specialty
Retail
2,876,611
Technology
Hardware,
Storage
&
Peripherals
-
0.1%
361
NCR
Corporation,
Term
Loan
5.310%
3-Month
LIBOR
2.500%
8/28/26
BB
347,117
Textiles,
Apparel
&
Luxury
Goods
-
0.1%
350
Birkenstock
GmbH
&
Co.
KG,
Term
Loan
B
5.098%
6-Month
LIBOR
3.250%
4/28/28
B+
328,843
249
Crocs
Inc,
Term
Loan
B
6.480%
3-Month
LIBOR
3.500%
2/19/29
BB
235,504
27
New
Trojan
Parent,
Inc.,
Term
Loan,
First
Lien
6.365%
1-Month
LIBOR
3.250%
1/06/28
B
21,796
626
Total
Textiles,
Apparel
&
Luxury
Goods
586,143
Trading
Companies
&
Distributors
-
0.1%
176
Core
&
Main
LP,
Term
Loan
B
6.128%
3-Month
LIBOR
2.500%
6/10/28
B+
168,576
392
Fly
Funding
II
S.a.r.l.,
Term
Loan
B
4.620%
3-Month
LIBOR
1.750%
8/09/25
B
334,384
2
Univar
Solutions
USA
Inc.,
Term
Loan
B6
4.865%
1-Month
LIBOR
1.750%
6/03/28
BBB-
1,546
570
Total
Trading
Companies
&
Distributors
504,506
Transportation
Infrastructure
-
0.2%
191
Brown
Group
Holding,
LLC,
Term
Loan
B
5.615%
1-Month
LIBOR
2.500%
4/22/28
B+
181,552
150
Brown
Group
Holding,
LLC,
Term
Loan
B2
6.797%
SOFR30A
3.750%
7/02/29
B+
145,812
421
KKR
Apple
Bidco,
LLC,
Term
Loan
5.865%
1-Month
LIBOR
2.750%
9/23/28
B+
403,413
120
KKR
Apple
Bidco,
LLC,
Term
Loan
7.064%
SOFR30A
4.000%
9/23/28
B+
117,975
882
Total
Transportation
Infrastructure
848,752
21
Principal
Amount
(000)
Description
(1)
Coupon
(6)
Reference
Rate
(6)
Spread
(6)
Maturity
(7)
Ratings
(8)
Value
Wireless
Telecommunication
Services
-
0.3%
$
371
GOGO
Intermediate
Holdings
LLC,
Term
Loan
B
6.556%
3-Month
LIBOR
3.750%
4/30/28
B+
$
360,428
639
Intelsat
Jackson
Holdings
S.A.,
Term
Loan
B
7.445%
SOFR180A
4.500%
1/27/29
B+
601,224
3
Intelsat
Jackson
Holdings
S.A.,
Term
Loan
B(9)
9.500%
Prime
4.750%
11/27/23
N/R
2,953
369
MetroNet
Systems
Holdings,
LLC,
Term
Loan,
First
Lien
6.614%
SOFR30A
3.864%
6/02/28
B
347,988
1,382
Total
Wireless
Telecommunication
Services
1,312,593
$
99,553
Total
Variable
Rate
Senior
Loan
Interests
(cost
$97,502,101)
90,333,280
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
82802559
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
-
18.5%
(11.5%
of
Total
Investments)
X
82,802,559
110
Connecticut
Avenue
Securities
Trust
2022-R01
(SOFR30A
reference
rate
+
1.900%
spread),
144A
(12)
4.181%
12/25/41
BBB
$
100,442
560
Connecticut
Avenue
Securities
Trust
2022-R03
(SOFR30A
reference
rate
+
3.500%
spread),
144A
(12)
5.781%
3/25/42
BBB-
533,630
410
Connecticut
Avenue
Securities
Trust
2022-R04
(SOFR30A
reference
rate
+
3.100%
spread),
144A
(12)
5.381%
3/25/42
BBB-
385,037
60
Connecticut
Avenue
Securities
Trust
2022-R05
(SOFR30A
reference
rate
+
3.000%
spread),
144A
2022
R05(12)
5.281%
4/25/42
Baa3
55,513
970
Connecticut
Avenue
Securities
Trust
2022-R06
(SOFR30A
reference
rate
+
3.850%
spread),
144A
2022
R06(12)
6.131%
5/25/42
BBB-
921,002
35
Connecticut
Avenue
Securities
Trust
2022-R08
(SOFR
reference
rate
+
3.600%
spread),
144A
2022
R08(12)
5.905%
7/25/42
BBB-
33,230
1,985
Fannie
Mae
or
Freddie
Mac
TBA,
(MDR)
4.000%
10/25/37
AAA
1,914,905
1,000
Fannie
Mae
or
Freddie
Mac
TBA,
(MDR)
4.500%
10/25/37
AAA
982,031
996
Fannie
Mae
Pool
FN
MA4732
(13)
4.000%
9/01/52
N/R
924,278
2,290
Fannie
Mae
Pool
FN
FS0522
(13)
2.500%
2/01/52
N/R
1,935,489
2,371
Fannie
Mae
Pool
FN
MA4737
(13)
5.000%
8/01/52
N/R
2,312,173
2,157
Fannie
Mae
Pool
FN
FS1337
(13)
2.500%
4/01/52
N/R
1,822,345
4,953
Fannie
Mae
Pool
FN
FS1535
(13)
3.000%
4/01/52
N/R
4,326,560
844
Fannie
Mae
Pool
FN
MA4724
(13)
3.000%
9/01/37
N/R
783,820
1,033
Fannie
Mae
Pool
FN
MA4644
(13)
4.000%
5/01/52
N/R
960,384
539
Fannie
Mae
Pool
FN
BW3383
4.500%
7/01/52
N/R
514,738
456
Fannie
Mae
Pool
FN
BV9189
(13)
3.000%
4/01/52
N/R
399,222
602
Fannie
Mae
Pool
FN
FS1297
(13)
3.000%
4/01/52
N/R
526,910
4,688
Fannie
Mae
Pool
FN
MA4600
2022
2(13)
3.500%
5/01/52
N/R
4,225,571
5,259
Fannie
Mae
Pool
FN
BW3382
(13)
4.500%
7/01/52
N/R
5,024,108
151
Fannie
Mae
Pool
FN
CB3297
(13)
2.500%
4/01/52
N/R
127,434
933
Fannie
Mae
Pool
FN
FS0363
(13)
2.500%
1/01/52
N/R
786,045
3,650
Fannie
Mae
Pool
FN
CB3234
(13)
3.000%
4/01/52
N/R
3,187,463
3,161
Fannie
Mae
Pool
FN
CB2859
(13)
2.500%
2/01/52
N/R
2,660,017
1,180
Fannie
Mae
Pool
FN
MA4775
(13)
3.500%
10/01/37
N/R
1,116,113
1,572
Fannie
Mae
Pool
FN
MA4655
(13)
4.000%
7/01/52
N/R
1,459,882
1,480
Fannie
Mae
Pool
FN
FS0548
(13)
2.500%
2/01/52
N/R
1,246,095
1,723
Fannie
Mae
Pool
FN
CB3149
(13)
2.000%
3/01/52
N/R
1,400,019
1,862
Fannie
Mae
Pool
FN
CB2839
(13)
2.000%
2/01/52
N/R
1,514,812
3,647
Fannie
Mae
Pool
FN
MA4305
2021
MTGE
2.000%
4/01/51
N/R
2,969,632
1,797
Fannie
Mae
Pool
FN
CB2281
(13)
2.000%
12/01/51
N/R
1,460,309
1,380
Fannie
Mae
Pool
FN
CB3599
(13)
3.500%
5/01/52
N/R
1,243,243
5,962
Fannie
Mae
Pool
FN
FS1533
(13)
3.000%
4/01/52
N/R
5,219,150
1,439
Fannie
Mae
Pool
FN
CB2804
(13)
2.500%
2/01/52
N/R
1,215,289
2,497
Freddie
Mac
Pool
FR
RA6766
(13)
2.500%
2/01/52
N/R
2,109,944
397
Freddie
Mac
Pool
FR
QE0543
(13)
3.000%
4/01/52
N/R
347,852
1,038
Freddie
Mac
Pool
FR
QE5382
(13)
4.500%
7/01/52
N/R
991,232
1,965
Freddie
Mac
Pool
FR
SD0912
(13)
2.000%
2/01/52
N/R
1,598,745
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
22
NMAI
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
82802559
ASSET-BACKED
AND
MORTGAGE-BACKED
SECURITIES
(continued)
$
1,665
Freddie
Mac
Pool
FR
SD0922
(13)
2.500%
3/01/52
N/R
$
1,405,723
1,000
Freddie
Mac
STACR
REMIC
Trust
2022-DNA2
(SOFR30A
reference
rate
+
2.400%
spread),
144A
(12)
4.681%
2/25/42
BBB
931,139
410
Freddie
Mac
STACR
REMIC
Trust
2022-DNA3
(SOFR30A
reference
rate
+
2.900%
spread),
144A
(12)
5.181%
4/25/42
BBB
387,946
320
Freddie
Mac
STACR
REMIC
Trust
2022-DNA4
(SOFR30A
reference
rate
+
3.350%
spread),
144A
(12)
5.631%
5/25/42
BBB-
304,883
1,000
Freddie
Mac
STACR
REMIC
Trust
2022-DNA5
(SOFR30A
reference
rate
+
4.500%
spread),
144A
2022
DNA5(12)
6.781%
6/25/42
BBB-
1,004,758
100
Freddie
Mac
STACR
REMIC
Trust
2022-DNA7
(SOFR30A
reference
rate
+
3.500%
spread),
144A
(12)
5.781%
3/25/42
BBB-
95,947
5,118
Ginnie
Mae
II
Pool
G2
MA8043
(13)
3.000%
5/20/52
N/R
4,531,924
537
Ginnie
Mae
II
Pool
G2
MA7871
2022
1(13)
2.500%
2/20/52
N/R
446,055
998
Ginnie
Mae
II
Pool
G2
MA8200
(13)
4.000%
8/20/52
AAA
933,469
1,590
Ginnie
Mae
II
Pool
G2
MA8149
(13)
3.500%
7/20/52
N/R
1,449,196
2,757
Ginnie
Mae
II
Pool
G2
MA8042
(13)
2.500%
5/20/52
N/R
2,373,942
1,009
Government
National
Mortgage
Association
2013
188(13)
2.500%
12/20/43
N/R
904,036
237
Government
National
Mortgage
Association
2022
124
4.000%
7/20/52
N/R
201,808
939
GS
Mortgage-Backed
Securities
Corp
Trust
2022-PJ2
,
144A
2022
PJ2
3.000%
6/25/52
Aa1
758,768
327
GS
Mortgage-Backed
Securities
Trust
2021-PJ10
,
144A
2021
PJ10
2.500%
3/25/52
Aa1
257,738
480
GS
Mortgage-Backed
Securities
Trust
2022-GR2
,
144A
2022
GR2
3.000%
8/26/52
Aa1
388,597
336
GS
Mortgage-Backed
Securities
Trust
2022-HP1
,
144A
2022
HP1
3.000%
9/25/52
Aa1
270,410
576
GS
Mortgage-Backed
Securities
Trust
2022-INV1
,
144A
2022
INV1
3.000%
7/25/52
Aa1
463,812
273
GS
Mortgage-Backed
Securities
Trust
2022-PJ5
,
144A
2022
PJ5
3.000%
10/25/52
Aa1
220,051
250
Industrial
DPR
Funding
Ltd
,
144A
5.380%
4/15/34
Baa2
223,205
388
J.P.
Morgan
Mortgage
Trust
2022-4
,
144A
2022
4
3.000%
10/25/52
Aa1
314,294
245
J.P.
Morgan
Mortgage
Trust
2022-6
,
144A
2022
6
3.000%
11/25/52
Aa1
198,893
604
J.P.
Morgan
Mortgage
Trust
2022-INV3
,
144A
2022
INV3
3.000%
9/25/52
Aaa
493,263
147
J.P.
Morgan
Mortgage
Trust
2022-LTV2
,
144A
2022
LTV2
3.500%
9/25/52
Aa1
127,545
1,877
JP
Morgan
Mortgage
Trust
,
144A
2022
LTV1
3.250%
7/25/52
Aaa
1,596,262
1,337
JP
Morgan
Mortgage
Trust
2022-2
,
144A
2022
2
3.000%
8/25/52
Aa1
1,081,055
835
JP
Morgan
Mortgage
Trust
2022-3
,
144A
2022
3
3.000%
8/25/52
Aa1
677,509
759
RCKT
Mortgage
Trust
2022-2
,
144A
2022
2
2.500%
2/25/52
Aaa
599,029
99
RCKT
Mortgage
Trust
2022-3
,
144A
2022
3
3.000%
5/25/52
Aa1
79,461
206
RCKT
Mortgage
Trust
2022-4
,
144A
2022
4
3.500%
6/25/52
Aa1
172,520
126
Wells
Fargo
Mortgage
Backed
Securities
2021-2
Trust
,
144A
2021
2
2.500%
6/25/51
Aaa
99,552
194
Wells
Fargo
Mortgage
Backed
Securities
2022-2
Trust
,
144A
2022
2
2.500%
12/25/51
Aaa
153,425
146
Wells
Fargo
Mortgage
Backed
Securities
2022-INV1
Trust
,
144A
2022
INV1
3.000%
3/25/52
AAA
117,105
243
Wells
Fargo
Mortgage
Backed
Securities
2022-INV1
Trust
,
144A
2022
INV1
3.500%
3/25/52
AAA
204,575
$
94,280
Total
Asset-Backed
and
Mortgage-Backed
Securities
(cost
$90,530,155)
82,802,559
Shares
Description
(1)
Value
X
77,679,348
REAL
ESTATE
INVESTMENT
TRUST
COMMON
STOCKS
-
17.3%
(10.8%
of
Total
Investments)
X
77,679,348
Diversified
-
0.1%
12,500
Washington
REIT
$
219,500
Health
Care
-
0.8%
45,000
Healthpeak
Properties
Inc  (4)
1,031,400
53,200
Parkway
Life
Real
Estate
Investment
Trust  (2)
156,569
28,000
Ventas
Inc  
1,124,760
23
Shares
Description
(1)
Value
Health
Care
(continued)
30,000
Welltower
Inc  (4)
$
1,929,600
Total
Health
Care
4,242,329
Hotel
&
Resort
-
0.3%
47,000
Host
Hotels
&
Resorts
Inc  
746,360
31,000
Park
Hotels
&
Resorts
Inc  
349,060
Total
Hotel
&
Resort
1,095,420
Industrial
-
2.8%
28,561
Duke
Realty
Corp  (4)
1,376,640
5,000
EastGroup
Properties
Inc  
721,700
4,000
Innovative
Industrial
Properties
Inc  
354,000
59,083
Prologis
Inc  (4)
6,002,833
59,500
Rexford
Industrial
Realty
Inc  
3,094,000
20,000
Terreno
Realty
Corp  
1,059,800
Total
Industrial
12,608,973
Office
-
0.9%
13,000
Alexandria
Real
Estate
Equities
Inc  
1,822,470
14,000
Boston
Properties
Inc  
1,049,580
10,000
Kilroy
Realty
Corp  
421,100
11,000
SL
Green
Realty
Corp  
441,760
20,000
Vornado
Realty
Trust  (4)
463,200
Total
Office
4,198,110
Residential
-
4.1%
69,000
American
Homes
4
Rent,
Class
A  (4)
2,263,890
20,500
AvalonBay
Communities
Inc  
3,775,895
31,000
Equity
LifeStyle
Properties
Inc  
1,948,040
49,000
Equity
Residential  (4)
3,293,780
9,000
Essex
Property
Trust
Inc  
2,180,070
31,000
Independence
Realty
Trust
Inc  
518,630
59,924
Ingenia
Communities
Group  (2)
142,729
12,000
Invitation
Homes
Inc  (4)
405,240
5,000
Mid-America
Apartment
Communities
Inc  
775,350
7,000
NexPoint
Residential
Trust
Inc  
323,470
18,700
Sun
Communities
Inc  
2,530,671
12,000
UDR
Inc  
500,520
Total
Residential
18,658,285
Retail
-
2.5%
5,000
Agree
Realty
Corp  
337,900
60,000
Brixmor
Property
Group
Inc  
1,108,200
90,000
Kimco
Realty
Corp  (4)
1,656,900
55,000
Kite
Realty
Group
Trust  
947,100
24,000
Realty
Income
Corp  
1,396,800
19,000
Regency
Centers
Corp  (4)
1,023,150
43,000
Simon
Property
Group
Inc  (4)
3,859,250
18,000
SITE
Centers
Corp  
192,780
13,000
Spirit
Realty
Capital
Inc  
470,080
Total
Retail
10,992,160
Specialized
-
5.8%
32,622
American
Tower
Corp  
7,003,943
21,954
Crown
Castle
Inc  (4)
3,173,451
15,868
Digital
Realty
Trust
Inc  (4)
1,573,788
5,613
Equinix
Inc  (4)
3,192,899
8,000
Extra
Space
Storage
Inc  (4)
1,381,680
10,000
Gaming
and
Leisure
Properties
Inc  
442,400
12,000
Life
Storage
Inc  (4)
1,329,120
20,000
National
Storage
Affiliates
Trust  (4)
831,600
8,700
Public
Storage  (4)
2,547,447
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
24
NMAI
Shares
Description
(1)
Value
Specialized
(continued)
7,878
SBA
Communications
Corp  (4)
$
2,242,473
25,000
VICI
Properties
Inc  
746,250
42,000
Weyerhaeuser
Co  (4)
1,199,520
Total
Specialized
25,664,571
Total
Real
Estate
Investment
Trust
Common
Stocks
(cost
$84,252,348)
77,679,348
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
X
52,866,574
$1,000
PAR
(OR
SIMILAR)
INSTITUTIONAL
PREFERRED
-
11.8%
(7.3%
of
Total
Investments)
X
52,866,574
Automobiles
-
0.4%
$
932
General
Motors
Financial
Co
Inc
5.700%
N/A
(14)
BB
$
798,834
1,300
General
Motors
Financial
Co
Inc
5.750%
N/A
(14)
BB
1,054,581
2,232
Total
Automobiles
1,853,415
Banks
-
5.2%
295
Bank
of
America
Corp
4.375%
N/A
(14)
BBB-
236,737
2,410
Bank
of
America
Corp
(4)
6.500%
N/A
(14)
BBB-
2,364,702
75
Bank
of
America
Corp
6.100%
N/A
(14)
BBB-
71,896
240
Bank
of
America
Corp
6.300%
N/A
(14)
BBB-
235,752
2,325
Citigroup
Inc
(4)
6.250%
N/A
(14)
BB+
2,223,862
1,000
Citigroup
Inc
(4)
6.300%
N/A
(14)
BB+
931,288
1,000
Citigroup
Inc
(4)
5.950%
N/A
(14)
BB+
905,047
260
Citizens
Financial
Group
Inc
6.375%
N/A
(14)
BB+
240,500
335
Citizens
Financial
Group
Inc
4.000%
N/A
(14)
BB+
268,320
325
CoBank
ACB
6.250%
N/A
(14)
BBB+
312,448
765
CoBank
ACB
6.450%
N/A
(14)
BBB+
753,261
550
First
Citizens
BancShares
Inc/NC
(3-Month
LIBOR
reference
rate
+
3.972%
spread)
(12)
7.265%
N/A
(14)
Ba3
539,649
415
Goldman
Sachs
Group
Inc
3.800%
N/A
(14)
BB+
321,558
805
Huntington
Bancshares
Inc/OH
5.625%
N/A
(14)
BB+
745,955
2,760
JPMorgan
Chase
&
Co
(4)
6.750%
N/A
(14)
BBB
2,734,956
345
JPMorgan
Chase
&
Co
3.650%
N/A
(14)
BBB
279,385
125
JPMorgan
Chase
&
Co
6.100%
N/A
(14)
BBB
120,000
660
JPMorgan
Chase
&
Co
5.000%
N/A
(14)
BBB
595,155
765
M&T
Bank
Corp
6.450%
N/A
(14)
BBB-
742,537
50
M&T
Bank
Corp
5.125%
N/A
(14)
BBB-
44,250
675
PNC
Financial
Services
Group
Inc
6.000%
N/A
(14)
BBB
626,062
448
PNC
Financial
Services
Group
Inc
5.000%
N/A
(14)
BBB
390,292
150
PNC
Financial
Services
Group
Inc
6.200%
N/A
(14)
BBB
141,750
415
PNC
Financial
Services
Group
Inc
3.400%
N/A
(14)
BBB
309,705
625
Regions
Financial
Corp
5.750%
N/A
(14)
BB+
615,625
200
SVB
Financial
Group
4.100%
N/A
(14)
BBB
136,384
510
SVB
Financial
Group
4.000%
N/A
(14)
BBB
387,200
535
Truist
Financial
Corp
(3-Month
LIBOR
reference
rate
+
3.102%
spread)
(12)
6.395%
N/A
(14)
BBB
514,670
1,585
Truist
Financial
Corp
(4)
4.800%
N/A
(14)
BBB
1,411,198
600
Truist
Financial
Corp
5.100%
N/A
(14)
BBB
531,984
1,950
Wells
Fargo
&
Co
(4)
5.875%
N/A
(14)
BBB
1,856,493
1,200
Wells
Fargo
&
Co
3.900%
N/A
(14)
BBB
1,014,750
450
Zions
Bancorp
NA
7.200%
N/A
(14)
BB+
453,500
24,848
Total
Banks
23,056,871
Capital
Markets
-
0.7%
395
Bank
of
New
York
Mellon
Corp
4.700%
N/A
(14)
BBB+
378,212
1,000
Charles
Schwab
Corp
(4)
5.375%
N/A
(14)
BBB
972,500
650
Goldman
Sachs
Group
Inc
5.300%
N/A
(14)
BB+
603,070
955
Goldman
Sachs
Group
Inc
5.500%
N/A
(14)
BB+
916,800
330
Goldman
Sachs
Group
Inc
4.125%
N/A
(14)
BB+
262,350
3,330
Total
Capital
Markets
3,132,932
25
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Consumer
Finance
-
0.5%
$
1,039
Ally
Financial
Inc
(4)
4.700%
N/A
(14)
BB-
$
810,378
400
Ally
Financial
Inc
4.700%
N/A
(14)
BB-
285,000
455
American
Express
Co
3.550%
N/A
(14)
BBB-
350,658
295
Capital
One
Financial
Corp
3.950%
N/A
(14)
BB+
231,575
385
Discover
Financial
Services
5.500%
N/A
(14)
BB
313,960
305
Discover
Financial
Services
6.125%
N/A
(14)
BB
297,515
2,879
Total
Consumer
Finance
2,289,086
Diversified
Financial
Services
-
0.4%
555
American
AgCredit
Corp,
144A
5.250%
N/A
(14)
BB+
516,150
390
Equitable
Holdings
Inc
4.950%
N/A
(14)
BBB-
365,625
765
Voya
Financial
Inc
6.125%
N/A
(14)
BB+
741,401
1,710
Total
Diversified
Financial
Services
1,623,176
Electric
Utilities
-
0.4%
310
American
Electric
Power
Co
Inc
3.875%
2/15/62
BBB-
242,968
330
Edison
International
5.000%
N/A
(14)
BB
260,700
150
Edison
International
5.375%
N/A
(14)
BB
123,375
1,000
Emera
Inc
(4)
6.750%
6/15/76
BB+
948,354
275
Southern
Co
4.000%
1/15/51
BBB-
246,455
2,065
Total
Electric
Utilities
1,821,852
Food
Products
-
0.5%
2,250
Land
O'
Lakes
Inc,
144A
(4)
8.000%
N/A
(14)
BB
2,160,000
Independent
Power
And
Renewable
Electricity
Producers
-
0.1%
300
AES
Andes
SA,
144A
6.350%
10/07/79
BB
258,064
175
Vistra
Corp,
144A
7.000%
N/A
(14)
BB-
152,777
475
Total
Independent
Power
And
Renewable
Electricity
Producers
410,841
Independent
Power
Producers
&
Energy
Traders
-
0.1%
265
AES
Andes
SA,
144A
7.125%
3/26/79
BB
232,385
185
Vistra
Corp,
144A
8.000%
N/A
(14)
BB-
169,881
450
Total
Independent
Power
Producers
&
Energy
Traders
402,266
Industrial
Conglomerates
-
0.3%
1,315
General
Electric
Co
(3-Month
LIBOR
reference
rate
+
3.330%
spread)
(4),(12)
6.623%
N/A
(14)
BBB-
1,229,766
Insurance
-
1.4%
233
American
International
Group
Inc
5.750%
4/01/48
BBB-
214,658
450
AXIS
Specialty
Finance
LLC
4.900%
1/15/40
BBB
365,625
235
Enstar
Finance
LLC
5.500%
1/15/42
BBB-
190,722
325
Enstar
Finance
LLC
5.750%
9/01/40
BBB-
289,749
1,096
Markel
Corp
6.000%
N/A
(14)
BB+
1,063,758
960
MetLife
Inc,
144A
9.250%
4/08/38
BBB
1,108,413
660
Provident
Financing
Trust
I
7.405%
3/15/38
BB+
690,301
175
Prudential
Financial
Inc
5.125%
3/01/52
BBB+
151,714
420
QBE
Insurance
Group
Ltd,
144A
5.875%
N/A
(14)
BBB
389,323
1,075
SBL
Holdings
Inc,
144A
(4)
6.500%
N/A
(14)
BB
808,938
1,500
SBL
Holdings
Inc,
144A
(4)
7.000%
N/A
(14)
BB
1,203,750
7,129
Total
Insurance
6,476,951
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
26
NMAI
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Media
-
0.1%
$
560
Paramount
Global
6.375%
3/30/62
BB+
$
483,783
Multi-Utilities
-
0.6%
315
Algonquin
Power
&
Utilities
Corp
4.750%
1/18/82
BB+
257,282
1,250
CenterPoint
Energy
Inc
6.125%
N/A
(14)
BB+
1,175,622
525
CMS
Energy
Corp
4.750%
6/01/50
BBB-
443,625
900
Sempra
Energy
4.875%
N/A
(14)
BBB-
837,000
2,990
Total
Multi-Utilities
2,713,529
Oil
-
0.0%
55
Energy
Transfer
LP
7.125%
N/A
(14)
BB
45,185
Oil,
Gas
&
Consumable
Fuels
-
0.2%
360
Enbridge
Inc
7.625%
1/15/83
BBB-
347,104
265
Energy
Transfer
LP
6.500%
N/A
(14)
BB
230,843
270
MPLX
LP
6.875%
N/A
(14)
BB+
265,275
10
Transcanada
Trust
5.500%
9/15/79
BBB-
8,650
270
Transcanada
Trust
5.600%
3/07/82
BBB-
234,156
1,175
Total
Oil,
Gas
&
Consumable
Fuels
1,086,028
Trading
Companies
&
Distributors
-
0.7%
610
AerCap
Global
Aviation
Trust,
144A
6.500%
6/15/45
BB+
556,625
2,500
AerCap
Holdings
NV
5.875%
10/10/79
BB
2,231,638
395
Air
Lease
Corp
4.650%
N/A
(14)
BB+
329,777
3,505
Total
Trading
Companies
&
Distributors
3,118,040
U.S.
Agency
-
0.1%
525
Farm
Credit
Bank
of
Texas,
144A
6.200%
N/A
(14)
Baa1
487,053
Wireless
Telecommunication
Services
-
0.1%
500
Vodafone
Group
PLC
7.000%
4/04/79
BB+
475,800
$
57,993
Total
$1,000
Par
(or
similar)
Institutional
Preferred
(cost
$60,035,650)
52,866,574
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
X
45,060,476
EMERGING
MARKET
DEBT
AND
FOREIGN
CORPORATE
BONDS
-
10.1%
(6.2%
of
Total
Investments)
X
45,060,476
Angola
-
0.1%
$
335
Angolan
Government
International
Bond
,
144A
8.250%
5/09/28
B-
$
263,411
200
Angolan
Government
International
Bond
,
144A
8.750%
4/14/32
B-
147,900
270
Angolan
Government
International
Bond
,
144A
9.375%
5/08/48
B-
182,336
Total
Angola
593,647
Argentina
-
0.1%
700
Argentine
Republic
Government
International
Bond
1.500%
7/09/35
CCC+
126,626
475
Provincia
de
Buenos
Aires/Government
Bonds
,
144A
3.900%
9/01/37
CCC+
147,250
53
YPF
SA
,
144A
8.750%
4/04/24
Caa2
45,127
72
YPF
SA
,
144A
8.500%
3/23/25
CCC+
57,500
20
YPF
SA
,
Reg
S
6.950%
7/21/27
CCC+
11,690
139
YPF
SA
,
144A
6.950%
7/21/27
CCC+
81,245
50
YPF
SA
,
Reg
S
8.500%
7/28/25
Caa2
35,275
Total
Argentina
504,713
Australia
-
0.3%
1,225
QBE
Insurance
Group
Ltd
,
Reg
S
6.750%
12/02/44
BBB
1,186,120
Azerbaijan
-
0.1%
335
Southern
Gas
Corridor
CJSC
,
Reg
S
6.875%
3/24/26
Ba1
328,713
27
Principal
Amount
(000)  
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Barbados
-
0.0%
$
200
Barbados
Government
International
Bond
,
144A
6.500%
10/01/29
B-
$
175,963
Benin
-
0.0%
100
EUR
Benin
Government
International
Bond
,
144A
6.875%
1/19/52
B+
61,418
190
EUR
Benin
Government
International
Bond
,
144A
4.950%
1/22/35
B+
117,250
Total
Benin
178,668
Bermuda
-
0.0%
200
Bermuda
Government
International
Bond
,
144A
4.750%
2/15/29
A+
192,115
Brazil
-
0.7%
200
Arcos
Dorados
BV
,
144A
6.125%
5/27/29
Ba2
181,116
200
B3
SA
-
Brasil
Bolsa
Balcao
,
144A
4.125%
9/20/31
Ba1
156,557
200
Banco
BTG
Pactual
SA/Cayman
Islands
,
144A
2.750%
1/11/26
Ba2
173,600
200
Banco
do
Brasil
SA/Cayman
,
144A
4.875%
1/11/29
Ba2
179,119
200
Braskem
Netherlands
Finance
BV
,
144A
4.500%
1/31/30
BBB-
161,640
825
BRL
Brazil
Notas
do
Tesouro
Nacional
Serie
F
10.000%
1/01/25
BB-
147,935
200
Brazilian
Government
International
Bond
5.625%
1/07/41
BB-
161,450
200
Brazilian
Government
International
Bond
4.750%
1/14/50
BB-
136,024
210
Brazilian
Government
International
Bond
5.000%
1/27/45
BB-
152,403
200
Embraer
Netherlands
Finance
BV
,
144A
6.950%
1/17/28
BB+
188,000
395
Itau
Unibanco
Holding
SA/Cayman
Island
,
144A
2.900%
1/24/23
BB-
392,014
200
JSM
Global
Sarl
,
144A
4.750%
10/20/30
BB
140,500
200
MARB
BondCo
PLC
,
144A
3.950%
1/29/31
BB+
144,750
200
Natura
&Co
Luxembourg
Holdings
Sarl
,
144A
6.000%
4/19/29
BB
164,664
145
Petrobras
Global
Finance
BV
6.750%
6/03/50
BB-
118,028
115
Petrobras
Global
Finance
BV
5.500%
6/10/51
BB-
81,658
200
Suzano
Austria
GmbH
2.500%
9/15/28
BBB-
156,428
70
Vale
Overseas
Ltd
3.750%
7/08/30
BBB-
56,700
Total
Brazil
2,892,586
Cameroon
-
0.0%
100
EUR
Republic
of
Cameroon
International
Bond
,
144A
5.950%
7/07/32
B
64,531
Canada
-
0.4%
150
Air
Canada
,
144A
3.875%
8/15/26
BB
128,813
550
Enbridge
Inc
5.750%
7/15/80
BBB-
483,862
500
Enbridge
Inc
5.500%
7/15/77
BBB-
439,780
625
GFL
Environmental
Inc
,
144A
5.125%
12/15/26
BB-
582,028
Total
Canada
1,634,483
Chile
-
0.3%
199
Alfa
Desarrollo
SpA
,
144A
4.550%
9/27/51
BBB-
131,519
200
Antofagasta
PLC
,
144A
5.625%
5/13/32
BBB+
184,750
200
Banco
del
Estado
de
Chile
,
144A
2.704%
1/09/25
A
186,812
205
Celulosa
Arauco
y
Constitucion
SA
,
144A
5.150%
1/29/50
BBB-
144,753
175
Cia
Cervecerias
Unidas
SA
,
144A
3.350%
1/19/32
A-
147,656
200
Corp
Nacional
del
Cobre
de
Chile
,
144A
3.000%
9/30/29
A-
167,452
150
Empresa
Nacional
de
Telecomunicaciones
SA
,
144A
3.050%
9/14/32
BBB
110,250
315
Empresa
Nacional
del
Petroleo
,
Reg
S
3.750%
8/05/26
BBB-
282,256
160
VTR
Comunicaciones
SpA
,
144A
5.125%
1/15/28
BB-
108,000
Total
Chile
1,463,448
China
-
0.2%
200
Agile
Group
Holdings
Ltd
,
Reg
S
5.500%
5/17/26
N/R
54,089
200
Country
Garden
Holdings
Co
Ltd
,
Reg
S
5.625%
1/14/30
Ba1
51,000
200
ENN
Clean
Energy
International
Investment
Ltd
,
144A
3.375%
5/12/26
Baa3
171,374
200
Lenovo
Group
Ltd
,
144A
3.421%
11/02/30
BBB
151,158
200
RKPF
Overseas
2020
A
Ltd
,
Reg
S
5.200%
1/12/26
Ba3
69,104
200
Tencent
Holdings
Ltd
,
144A
2.390%
6/03/30
A+
156,888
Total
China
653,613
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
28
NMAI
Principal
Amount
(000)  
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Colombia
-
0.3%
$
320
Bancolombia
SA
3.000%
1/29/25
Baa2
$
291,751
350
Colombia
Government
International
Bond
3.125%
4/15/31
BB+
242,695
205
Colombia
Government
International
Bond
3.250%
4/22/32
BB+
138,552
120
Ecopetrol
SA
5.375%
6/26/26
BB+
108,480
200
Ecopetrol
SA
5.875%
11/02/51
BB+
118,500
200
Ecopetrol
SA
4.625%
11/02/31
BB+
140,000
200
Empresas
Publicas
de
Medellin
ESP
,
144A
4.250%
7/18/29
Baa3
145,064
200
Grupo
Aval
Ltd
,
144A
4.375%
2/04/30
Ba1
144,840
180
Millicom
International
Cellular
SA
,
144A
6.250%
3/25/29
Ba1
152,687
Total
Colombia
1,482,569
Costa
Rica
-
0.1%
200
Costa
Rica
Government
International
Bond
,
144A
7.000%
4/04/44
B
166,212
200
Costa
Rica
Government
International
Bond
,
Reg
S
7.000%
4/04/44
B
166,212
200
Instituto
Costarricense
de
Electricidad
,
144A
6.750%
10/07/31
B+
188,500
Total
Costa
Rica
520,924
Cote
d'Ivoire
-
0.1%
395
Ivory
Coast
Government
International
Bond
,
Reg
S
6.125%
6/15/33
BB-
299,201
270
EUR
Ivory
Coast
Government
International
Bond
,
Reg
S
6.875%
10/17/40
BB-
165,255
Total
Cote
d'Ivoire
464,456
Dominican
Republic
-
0.2%
425
Dominican
Republic
International
Bond
,
Reg
S
7.450%
4/30/44
BB-
356,514
170
Dominican
Republic
International
Bond
,
144A
5.500%
2/22/29
BB-
146,327
150
Dominican
Republic
International
Bond
,
144A
4.875%
9/23/32
BB-
112,772
470
Dominican
Republic
International
Bond
,
Reg
S
4.875%
9/23/32
BB-
353,351
Total
Dominican
Republic
968,964
Ecuador
-
0.1%
823
Ecuador
Government
International
Bond
,
144A
1.000%
7/31/35
B-
270,691
137
Ecuador
Government
International
Bond
,
Reg
S
2.500%
7/31/35
N/R
45,087
119
Ecuador
Government
International
Bond
,
144A
0.000%
7/31/30
B-
34,088
467
Ecuador
Government
International
Bond
,
144A
1.500%
7/31/40
B-
136,660
Total
Ecuador
486,526
Egypt
-
0.2%
300
Egypt
Government
International
Bond
,
Reg
S
7.903%
2/21/48
B+
156,324
200
Egypt
Government
International
Bond
,
144A
5.800%
9/30/27
B
139,993
225
Egypt
Government
International
Bond
,
144A
8.500%
1/31/47
B+
124,757
200
Egypt
Government
International
Bond
,
144A
7.600%
3/01/29
B
139,656
220
Egypt
Government
International
Bond
,
144A
7.300%
9/30/33
B
126,547
205
Egypt
Government
International
Bond
,
144A
8.875%
5/29/50
B+
113,578
Total
Egypt
800,855
El
Salvador
-
0.0%
190
El
Salvador
Government
International
Bond
,
144A
7.125%
1/20/50
CCC+
59,850
40
El
Salvador
Government
International
Bond
,
Reg
S
5.875%
1/30/25
CCC+
21,600
65
El
Salvador
Government
International
Bond
,
Reg
S
7.650%
6/15/35
CCC+
21,535
135
El
Salvador
Government
International
Bond
,
Reg
S
6.375%
1/18/27
CCC+
49,695
Total
El
Salvador
152,680
Ghana
-
0.2%
235
Ghana
Government
International
Bond
,
144A
7.750%
4/07/29
CCC+
88,713
250
Ghana
Government
International
Bond
,
144A
8.750%
3/11/61
CCC+
91,375
355
Ghana
Government
International
Bond
,
Reg
S
7.625%
5/16/29
CCC+
134,900
200
Kosmos
Energy
Ltd
,
144A
7.750%
5/01/27
B+
159,000
200
Tullow
Oil
PLC
,
144A
10.250%
5/15/26
B
169,000
Total
Ghana
642,988
29
Principal
Amount
(000)  
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Guatemala
-
0.2%
$
145
Central
American
Bottling
Corp
/
CBC
Bottling
Holdco
SL
/
Beliv
Holdco
SL
,
144A
5.250%
4/27/29
Ba1
$
125,787
200
CT
Trust
,
144A
5.125%
2/03/32
Ba1
150,500
200
Guatemala
Government
Bond
,
144A
3.700%
10/07/33
BB-
145,004
200
Guatemala
Government
Bond
,
144A
6.125%
6/01/50
BB-
163,947
200
Investment
Energy
Resources
Ltd
,
144A
6.250%
4/26/29
BB-
169,323
Total
Guatemala
754,561
Honduras
-
0.0%
–
(10)
Honduras
Government
International
Bond
,
Reg
S
7.500%
3/15/24
BB-
7
Hungary
-
0.0%
200
Hungary
Government
International
Bond
,
144A
5.250%
6/16/29
BBB
180,478
India
-
0.3%
200
Adani
Ports
&
Special
Economic
Zone
Ltd
,
144A
3.100%
2/02/31
BBB-
143,710
186
Azure
Power
Energy
Ltd
,
144A
3.575%
8/19/26
Ba1
139,575
200
Export-Import
Bank
of
India
,
144A
2.250%
1/13/31
BBB-
149,968
200
Indian
Railway
Finance
Corp
Ltd
,
144A
3.570%
1/21/32
BBB-
162,670
200
Network
i2i
Ltd
,
144A
3.975%
6/03/71
BB
162,375
200
Power
Finance
Corp
Ltd
,
144A
3.950%
4/23/30
Baa3
167,988
200
ReNew
Wind
Energy
AP2
/
ReNew
Power
Pvt
Ltd
other
9
Subsidiaries
,
144A
4.500%
7/14/28
Ba3
149,869
200
UltraTech
Cement
Ltd
,
144A
2.800%
2/16/31
Baa3
154,460
Total
India
1,230,615
Indonesia
-
0.3%
2,700,000
IDR
Indonesia
Treasury
Bond
7.000%
9/15/30
N/R
173,761
200
Medco
Platinum
Road
Pte
Ltd
,
144A
6.750%
1/30/25
B+
180,063
500
Pertamina
Persero
PT
,
144A
2.300%
2/09/31
Baa2
378,477
200
Perusahaan
Penerbit
SBSN
Indonesia
III
,
144A
4.700%
6/06/32
BBB
187,783
335
Perusahaan
Perseroan
Persero
PT
Perusahaan
Listrik
Negara
,
Reg
S
3.875%
7/17/29
BBB
285,333
200
Perusahaan
Perseroan
Persero
PT
Perusahaan
Listrik
Negara
,
Reg
S
5.250%
5/15/47
Baa2
147,584
200
Saka
Energi
Indonesia
PT
,
144A
4.450%
5/05/24
B+
184,003
Total
Indonesia
1,537,004
Iraq
-
0.1%
275
Iraq
International
Bond
,
144A
5.800%
1/15/28
N/R
225,471
200
Iraq
International
Bond
,
144A
6.752%
3/09/23
B-
193,919
Total
Iraq
419,390
Israel
-
0.4%
200
Bank
Leumi
Le-Israel
BM
,
144A,
Reg
S
5.125%
7/27/27
A
195,134
80
Energean
Israel
Finance
Ltd
,
144A,
Reg
S
4.875%
3/30/26
BB-
70,435
85
Energean
Israel
Finance
Ltd
,
144A,
Reg
S
4.500%
3/30/24
BB-
79,636
807
Israel
Electric
Corp
Ltd
,
144A,
Reg
S
4.250%
8/14/28
BBB+
747,765
295
Israel
Electric
Corp
Ltd
,
144A,
Reg
S
5.000%
11/12/24
BBB+
287,706
32
Leviathan
Bond
Ltd
,
144A,
Reg
S
6.125%
6/30/25
BB-
30,032
127
Leviathan
Bond
Ltd
,
144A,
Reg
S
6.500%
6/30/27
BB-
116,080
75
Leviathan
Bond
Ltd
,
144A,
Reg
S
6.750%
6/30/30
BB-
66,499
175
EUR
Teva
Pharmaceutical
Finance
Netherlands
II
BV
4.375%
5/09/30
BB-
134,890
Total
Israel
1,728,177
Jamaica
-
0.1%
215
Jamaica
Government
International
Bond
8.000%
3/15/39
B
235,090
215
Jamaica
Government
International
Bond
7.875%
7/28/45
B
231,333
Total
Jamaica
466,423
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
30
NMAI
Principal
Amount
(000)  
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Jordan
-
0.1%
$
200
Jordan
Government
International
Bond
,
144A
4.950%
7/07/25
B+
$
184,250
200
Jordan
Government
International
Bond
,
144A
5.850%
7/07/30
B+
162,500
Total
Jordan
346,750
Kazakhstan
-
0.2%
200
Development
Bank
of
Kazakhstan
JSC
,
144A
5.750%
5/12/25
Baa2
199,001
200
Kazakhstan
Government
International
Bond
,
144A
6.500%
7/21/45
BBB
184,750
200
KazMunayGas
National
Co
JSC
,
144A
5.375%
4/24/30
Baa2
158,350
200
KazMunayGas
National
Co
JSC
,
Reg
S
6.375%
10/24/48
Baa2
139,025
200
KazMunayGas
National
Co
JSC
,
144A
3.500%
4/14/33
Baa2
131,372
200
Tengizchevroil
Finance
Co
International
Ltd
,
144A
4.000%
8/15/26
BBB
167,207
Total
Kazakhstan
979,705
Kenya
-
0.1%
200
Republic
of
Kenya
Government
International
Bond
,
144A
6.300%
1/23/34
B+
122,000
200
Republic
of
Kenya
Government
International
Bond
,
144A
7.250%
2/28/28
B+
145,254
Total
Kenya
267,254
Korea,
Republic
of
-
0.1%
200
POSCO
,
144A
4.500%
8/04/27
A-
189,511
200
Shinhan
Bank
Co
Ltd
,
144A
4.375%
4/13/32
BBB+
178,683
Total
Korea,
Republic
of
368,194
Macau
-
0.0%
200
Sands
China
Ltd
5.625%
8/08/25
BB+
181,186
Malaysia
-
0.2%
600
MYR
Malaysia
Government
Bond
3.900%
11/30/26
A-
128,669
215
Misc
Capital
Two
Labuan
Ltd
,
144A
3.750%
4/06/27
BBB
194,513
200
Petronas
Capital
Ltd
,
144A
3.500%
4/21/30
A
182,212
205
Petronas
Capital
Ltd
,
144A
3.404%
4/28/61
A
140,725
Total
Malaysia
646,119
Mexico
-
0.8%
200
Banco
Nacional
de
Comercio
Exterior
SNC/Cayman
Islands
,
144A
2.720%
8/11/31
Ba1
171,928
200
Braskem
Idesa
SAPI
,
144A
6.990%
2/20/32
BB-
133,500
200
Cemex
SAB
de
CV
,
144A
3.875%
7/11/31
BB+
157,596
230
Comision
Federal
de
Electricidad
,
144A
3.348%
2/09/31
BBB
164,162
200
Comision
Federal
de
Electricidad
,
144A
4.688%
5/15/29
BBB
167,000
200
Electricidad
Firme
de
Mexico
Holdings
SA
de
CV
,
144A
4.900%
11/20/26
Ba2
163,250
200
Grupo
Axo
SAPI
de
CV
,
144A
5.750%
6/08/26
Ba2
155,273
3,800
Mexican
Bonos
7.500%
6/03/27
BBB
172,751
3,600
Mexican
Bonos
8.500%
11/18/38
BBB
161,207
225
Mexico
City
Airport
Trust
,
Reg
S
4.250%
10/31/26
BBB-
200,250
300
Mexico
Government
International
Bond
4.400%
2/12/52
BBB
206,585
200
Mexico
Government
International
Bond
4.280%
8/14/41
BBB
145,467
200
Nemak
SAB
de
CV
,
144A
3.625%
6/28/31
BB+
134,702
355
Petroleos
Mexicanos
7.690%
1/23/50
BB-
217,402
712
Petroleos
Mexicanos
6.750%
9/21/47
BB-
396,940
545
Petroleos
Mexicanos
6.840%
1/23/30
BB-
406,216
25
Petroleos
Mexicanos
6.500%
1/23/29
BB-
19,248
140
Petroleos
Mexicanos
6.375%
1/23/45
BB-
77,350
245
Petroleos
Mexicanos
5.950%
1/28/31
BB-
165,473
Total
Mexico
3,416,300
Mongolia
-
0.1%
300
Mongolia
Government
International
Bond
,
144A
5.125%
4/07/26
B
248,211
31
Principal
Amount
(000)  
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Morocco
-
0.1%
$
200
Morocco
Government
International
Bond
,
144A
5.500%
12/11/42
BB+
$
147,000
200
OCP
SA
,
144A
3.750%
6/23/31
BB+
151,483
200
OCP
SA
,
144A
5.125%
6/23/51
BB+
127,000
Total
Morocco
425,483
Namibia
-
0.0%
200
Namibia
International
Bonds
,
144A
5.250%
10/29/25
Ba3
177,002
Netherlands
-
0.1%
405
Aegon
NV
5.500%
4/11/48
BBB+
349,646
200
VEON
Holdings
BV
,
Reg
S
3.375%
11/25/27
N/R
100,000
200
VEON
Holdings
BV
,
Reg
S
4.000%
4/09/25
N/R
125,000
Total
Netherlands
574,646
Nigeria
-
0.2%
200
Access
Bank
PLC
,
144A
6.125%
9/21/26
B
150,132
200
EUR
BOI
Finance
BV
,
144A
7.500%
2/16/27
B
157,113
400
Nigeria
Government
International
Bond
,
144A
8.375%
3/24/29
B
285,440
200
Nigeria
Government
International
Bond
,
144A
7.375%
9/28/33
B
120,500
200
Nigeria
Government
International
Bond
,
Reg
S
7.625%
11/28/47
B
110,985
Total
Nigeria
824,170
Oman
-
0.2%
385
Oman
Government
International
Bond
,
Reg
S
5.625%
1/17/28
Ba2
357,693
200
Oman
Government
International
Bond
,
144A
6.250%
1/25/31
Ba2
186,249
400
Oman
Government
International
Bond
,
Reg
S
6.750%
1/17/48
Ba2
320,237
200
OQ
SAOC
,
144A
5.125%
5/06/28
Ba2
178,346
Total
Oman
1,042,525
Pakistan
-
0.1%
515
Pakistan
Government
International
Bond
,
Reg
S
6.875%
12/05/27
B-
193,125
200
Pakistan
Government
International
Bond
,
144A
6.000%
4/08/26
B-
76,840
200
Pakistan
Water
&
Power
Development
Authority
,
Reg
S
7.500%
6/04/31
B-
69,000
Total
Pakistan
338,965
Panama
-
0.2%
200
Aeropuerto
Internacional
de
Tocumen
SA
,
144A
5.125%
8/11/61
BBB
142,627
200
C&W
Senior
Financing
DAC
,
144A
6.875%
9/15/27
B+
163,358
200
Empresa
de
Transmision
Electrica
SA
,
144A
5.125%
5/02/49
Baa2
149,840
190
Panama
Bonos
del
Tesoro
3.362%
6/30/31
BBB
165,300
155
Panama
Notas
del
Tesoro
3.750%
4/17/26
BBB
147,134
190
UEP
Penonome
II
SA
,
144A
6.500%
10/01/38
BB
163,163
Total
Panama
931,422
Paraguay
-
0.0%
200
Paraguay
Government
International
Bond
,
144A
2.739%
1/29/33
BB+
143,352
Peru
-
0.2%
120
Banco
de
Credito
del
Peru
S.A
,
144A
3.125%
7/01/30
BBB-
104,943
65
Banco
de
Credito
del
Peru
S.A
,
144A
3.250%
9/30/31
BBB-
54,918
200
Credicorp
Ltd
,
144A
2.750%
6/17/25
BBB
182,599
300
Fondo
MIVIVIENDA
SA
,
144A
4.625%
4/12/27
BBB+
280,832
200
Kallpa
Generacion
SA
,
Reg
S
4.875%
5/24/26
Baa3
184,572
200
Peruvian
Government
International
Bond
3.000%
1/15/34
BBB
150,171
95
Volcan
Cia
Minera
SAA
,
144A
4.375%
2/11/26
Ba2
78,375
Total
Peru
1,036,410
Philippines
-
0.0%
200
Philippine
Government
International
Bond
4.200%
3/29/47
BBB
154,700
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
32
NMAI
Principal
Amount
(000)  
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Qatar
-
0.3%
$
310
Qatar
Energy
,
144A
3.300%
7/12/51
AA-
$
220,050
200
Qatar
Energy
,
144A
1.375%
9/12/26
AA-
174,176
200
Qatar
Energy
,
144A
2.250%
7/12/31
AA-
161,112
405
Qatar
Government
International
Bond
,
Reg
S
4.400%
4/16/50
AA-
355,426
200
QNB
Finance
Ltd
,
Reg
S
2.625%
5/12/25
A
187,221
Total
Qatar
1,097,985
Romania
-
0.0%
140
Romanian
Government
International
Bond
,
144A
3.000%
2/27/27
BBB-
118,020
Russia
-
0.0%
9,125
RUB
Russian
Federal
Bond
-
OFZ
7.650%
4/10/30
N/R
47,747
Rwanda
-
0.1%
300
Rwanda
International
Government
Bond
,
144A
5.500%
8/09/31
B+
217,157
Saudi
Arabia
-
0.3%
200
EIG
Pearl
Holdings
Sarl
,
144A
4.387%
11/30/46
A+
141,058
200
Saudi
Arabian
Oil
Co
,
Reg
S
2.875%
4/16/24
A
193,195
200
Saudi
Arabian
Oil
Co
,
Reg
S
4.250%
4/16/39
A
171,250
385
Saudi
Government
International
Bond
,
Reg
S
3.750%
1/21/55
A+
284,054
325
Saudi
Government
International
Bond
,
144A
2.250%
2/02/33
A+
255,055
200
Saudi
Government
International
Bond
,
Reg
S
2.500%
2/03/27
A+
183,030
Total
Saudi
Arabia
1,227,642
Senegal
-
0.1%
215
Senegal
Government
International
Bond
,
Reg
S
6.750%
3/13/48
BB-
133,473
200
Senegal
Government
International
Bond
,
144A
6.750%
3/13/48
BB-
124,260
100
EUR
Senegal
Government
International
Bond
,
144A
5.375%
6/08/37
BB-
58,440
Total
Senegal
316,173
Singapore
-
0.1%
200
BOC
Aviation
USA
Corp
,
144A
1.625%
4/29/24
A-
188,826
200
United
Overseas
Bank
Ltd
,
144A
3.059%
4/07/25
AA-
192,368
Total
Singapore
381,194
South
Africa
-
0.5%
200
AngloGold
Ashanti
Holdings
PLC
3.750%
10/01/30
BBB-
155,023
200
AngloGold
Ashanti
Holdings
PLC
3.375%
11/01/28
BBB-
162,176
500
Eskom
Holdings
SOC
Ltd
,
144A
6.750%
8/06/23
CCC+
472,830
200
Eskom
Holdings
SOC
Ltd
,
144A
6.350%
8/10/28
BB
174,126
200
MTN
Mauritius
Investments
Ltd
,
144A
6.500%
10/13/26
BB
192,400
2,875
ZAR
Republic
of
South
Africa
Government
Bond
8.875%
2/28/35
BB
129,218
3,075
ZAR
Republic
of
South
Africa
Government
Bond
7.000%
2/28/31
BB
130,825
250
Republic
of
South
Africa
Government
International
Bond
7.300%
4/20/52
BB-
190,625
200
Republic
of
South
Africa
Government
International
Bond
5.650%
9/27/47
Ba2
128,308
225
Republic
of
South
Africa
Government
International
Bond
5.875%
4/20/32
BB-
185,650
200
Republic
of
South
Africa
Government
International
Bond
5.375%
7/24/44
BB-
129,800
200
Republic
of
South
Africa
Government
International
Bond
5.750%
9/30/49
BB-
128,300
Total
South
Africa
2,179,281
Sri
Lanka
-
0.0%
415
Sri
Lanka
Government
International
Bond
,
Reg
S
6.850%
11/03/25
D
106,663
Supranational
-
0.0%
200
Banque
Ouest
Africaine
de
Developpement
,
144A
4.700%
10/22/31
Baa1
161,200
Thailand
-
0.1%
200
Bangkok
Bank
PCL/Hong
Kong
,
144A
3.466%
9/23/36
Baa3
154,643
6,150
THB
Thailand
Government
Bond
2.875%
12/17/28
N/R
162,208
Total
Thailand
316,851
33
Principal
Amount
(000)  
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Trinidad
and
Tobago
-
0.1%
$
200
Heritage
Petroleum
Co
Ltd
,
144A
9.000%
8/12/29
BB
$
209,232
200
Trinidad
&
Tobago
Government
International
Bond
,
144A
4.500%
6/26/30
BBB-
181,010
Total
Trinidad
and
Tobago
390,242
Turkey
-
0.3%
200
Anadolu
Efes
Biracilik
Ve
Malt
Sanayii
AS
,
144A
3.375%
6/29/28
BB+
142,488
200
Arcelik
AS
,
144A
5.000%
4/03/23
BB+
197,305
200
KOC
Holding
AS
,
144A
6.500%
3/11/25
B+
187,644
215
Turkey
Government
International
Bond
3.250%
3/23/23
B
212,420
245
Turkey
Government
International
Bond
5.125%
2/17/28
B
189,875
200
Turkiye
Ihracat
Kredi
Bankasi
AS
,
144A
6.125%
5/03/24
B-
186,800
200
Turkiye
Ihracat
Kredi
Bankasi
AS
,
144A
5.750%
7/06/26
B-
165,604
200
Turkiye
Sise
ve
Cam
Fabrikalari
AS
,
144A
6.950%
3/14/26
B
183,526
Total
Turkey
1,465,662
Uganda
-
0.0%
669,000
UGX
Republic
of
Uganda
Government
Bonds
14.250%
8/23/29
N/R
156,528
Ukraine
-
0.1%
200
NAK
Naftogaz
Ukraine
via
Kondor
Finance
PLC
,
Reg
S(9)
7.375%
7/19/24
N/R
46,000
425
Ukraine
Government
International
Bond
,
144A
6.876%
5/21/31
CCC+
77,664
360
Ukraine
Government
International
Bond
,
144A
7.253%
3/15/35
CCC+
66,108
115
Ukraine
Government
International
Bond
,
Reg
S
7.750%
9/01/24
N/R
31,855
100
Ukraine
Government
International
Bond
,
Reg
S
7.750%
9/01/28
CCC+
20,286
Total
Ukraine
241,913
United
Arab
Emirates
-
0.3%
200
Abu
Dhabi
Government
International
Bond
,
144A
3.125%
9/30/49
AA
140,920
500
DAE
Funding
LLC
,
144A
3.375%
3/20/28
Baa3
423,532
400
Emirate
of
Dubai
Government
International
Bonds
,
Reg
S
3.900%
9/09/50
N/R
266,760
435
Galaxy
Pipeline
Assets
Bidco
Ltd
,
144A
2.625%
3/31/36
Aa2
336,219
232
Galaxy
Pipeline
Assets
Bidco
Ltd
,
144A
2.940%
9/30/40
Aa2
176,049
199
Sweihan
PV
Power
Co
PJSC
,
144A
3.625%
1/31/49
BBB+
157,559
Total
United
Arab
Emirates
1,501,039
United
Kingdom
-
0.1%
215
Legal
&
General
Group
PLC
,
Reg
S
5.250%
3/21/47
BBB+
183,842
410
Vodafone
Group
PLC
4.125%
6/04/81
BB+
283,925
Total
United
Kingdom
467,767
Uruguay
-
0.1%
80
Uruguay
Government
International
Bond
4.375%
1/23/31
BBB
76,524
6,200
UYU
Uruguay
Government
International
Bond
8.250%
5/21/31
BBB
123,583
Total
Uruguay
200,107
Uzbekistan
-
0.0%
200
Republic
of
Uzbekistan
International
Bond
,
Reg
S
4.750%
2/20/24
BB-
187,951
Zambia
-
0.1%
300
First
Quantum
Minerals
Ltd
,
144A
6.875%
10/15/27
B+
270,000
425
Zambia
Government
International
Bond
,
144A
8.500%
4/14/24
D
201,743
Total
Zambia
471,743
Total
Emerging
Market
Debt
And
Foreign
Corporate
Bonds
(cost
$59,566,130)
45,060,476
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
34
NMAI
Principal
Amount
(000)
Description
(1)
,(15)
Coupon
Maturity
Ratings
(8)
Value
X
35,029,563
CONTINGENT
CAPITAL
SECURITIES
-
7.8%
(4.9%
of
Total
Investments)
X
35,029,563
Banks
-
5.7%
$
240
Australia
&
New
Zealand
Banking
Group
Ltd/United
Kingdom,
144A
6.750%
N/A
(14)
BBB
$
229,212
600
Banco
Bilbao
Vizcaya
Argentaria
SA
6.125%
N/A
(14)
Ba2
448,350
800
Banco
Bilbao
Vizcaya
Argentaria
SA
6.500%
N/A
(14)
Ba2
694,248
200
Banco
Mercantil
del
Norte
SA/Grand
Cayman,
144A
7.500%
N/A
(14)
BB
170,600
500
Banco
Mercantil
del
Norte
SA/Grand
Cayman,
144A
7.625%
N/A
(14)
BB
443,500
800
Banco
Santander
SA
,
Reg
S
7.500%
N/A
(14)
Ba1
744,099
800
Banco
Santander
SA
4.750%
N/A
(14)
Ba1
553,088
200
Bank
Hapoalim
BM,
144A
,
Reg
S
3.255%
1/21/32
BBB
165,992
630
Barclays
PLC
6.125%
N/A
(14)
BB
530,838
200
Barclays
PLC
8.000%
N/A
(14)
BB
175,040
1,275
Barclays
PLC
(4)
8.000%
N/A
(14)
BB
1,182,754
1,265
Barclays
PLC
(4)
7.750%
N/A
(14)
BB
1,168,544
200
BBVA
Bancomer
SA/Texas,
144A
5.125%
1/18/33
BB
165,503
1,280
BNP
Paribas
SA,
144A
(4)
7.375%
N/A
(14)
BBB-
1,210,730
950
BNP
Paribas
SA,
144A
(4)
6.625%
N/A
(14)
BBB-
869,440
280
BNP
Paribas
SA,
144A
7.750%
N/A
(14)
BBB-
258,384
290
BNP
Paribas
SA,
144A
7.000%
N/A
(14)
BBB-
250,938
805
Credit
Agricole
SA,
144A
7.875%
N/A
(14)
BBB
771,794
980
Credit
Agricole
SA,
144A
(4)
8.125%
N/A
(14)
BBB
943,299
1,740
HSBC
Holdings
PLC
(4)
6.000%
N/A
(14)
Baa2
1,441,590
2,120
HSBC
Holdings
PLC
6.375%
N/A
(14)
Baa2
1,910,014
900
ING
Groep
NV
6.500%
N/A
(14)
BB+
803,601
955
ING
Groep
NV
,
Reg
S
6.750%
N/A
(14)
Baa2
897,108
845
ING
Groep
NV
5.750%
N/A
(14)
Baa2
726,444
340
Intesa
Sanpaolo
SpA,
144A
7.700%
N/A
(14)
BB-
282,708
1,695
Lloyds
Banking
Group
PLC
(4)
7.500%
N/A
(14)
BBB-
1,573,350
1,025
Lloyds
Banking
Group
PLC
(4)
7.500%
N/A
(14)
BBB-
935,312
500
Macquarie
Bank
Ltd/London,
144A
6.125%
N/A
(14)
BB+
433,339
1,035
NatWest
Group
PLC
8.000%
N/A
(14)
BBB-
965,872
810
NatWest
Group
PLC
6.000%
N/A
(14)
BBB-
706,725
610
Nordea
Bank
Abp,
144A
6.625%
N/A
(14)
BBB
563,335
245
Societe
Generale
SA,
144A
8.000%
N/A
(14)
BB
233,590
615
Societe
Generale
SA,
144A
4.750%
N/A
(14)
BB
459,405
320
Societe
Generale
SA,
144A
6.750%
N/A
(14)
BB
252,796
865
Societe
Generale
SA,
144A
(4)
7.875%
N/A
(14)
BB
829,319
420
Standard
Chartered
PLC,
144A
7.750%
N/A
(14)
BB+
409,500
370
Standard
Chartered
PLC,
144A
4.300%
N/A
(14)
BB+
239,686
445
Standard
Chartered
PLC,
144A
6.000%
N/A
(14)
BB+
394,795
435
UniCredit
SpA
,
Reg
S
8.000%
N/A
(14)
Ba3
382,800
28,585
Total
Banks
25,417,642
Capital
Markets
-
2.0%
575
Credit
Suisse
Group
AG,
144A
7.500%
N/A
(14)
BB-
528,281
1,285
Credit
Suisse
Group
AG,
144A
(4)
7.500%
N/A
(14)
BB-
1,101,887
1,845
Credit
Suisse
Group
AG,
144A
(4)
7.250%
N/A
(14)
BB-
1,411,271
300
Credit
Suisse
Group
AG,
144A
6.375%
N/A
(14)
BB-
218,250
305
Credit
Suisse
Group
AG,
144A
9.750%
N/A
(14)
BB-
299,168
1,800
Deutsche
Bank
AG
(4)
6.000%
N/A
(14)
BB-
1,350,000
685
UBS
Group
AG,
144A
3.875%
N/A
(14)
BBB
517,072
1,365
UBS
Group
AG,
144A
(4)
7.000%
N/A
(14)
BBB
1,291,563
1,415
UBS
Group
AG
,
Reg
S
7.000%
N/A
(14)
BBB
1,345,538
1,365
UBS
Group
AG
,
Reg
S
6.875%
N/A
(14)
BBB
1,269,450
10,940
Total
Capital
Markets
9,332,480
Commercial
Banks
-
0.1%
305
HSBC
Holdings
PLC
6.375%
N/A
(14)
Baa2
279,441
$
39,830
Total
Contingent
Capital
Securities
(cost
$43,026,652)
35,029,563
35
Shares
Description
(1)
Coupon
Ratings
(8)
Value
X
23,565,996
$25
PAR
(OR
SIMILAR)
RETAIL
PREFERRED
-
5.3%
(3.3%
of
Total
Investments)
X
23,565,996
Automobiles
-
0.3%
5,188
Dr
Ing
hc
F
Porsche
AG
0.000%
N/R
$
419,471
6,129
Volkswagen
AG(2)
0.000%
N/R
748,915
Total
Automobiles
1,168,386
Banks
-
1.3%
386,400
Banco
Bradesco
SA(2)
0.000%
N/R
1,421,149
4,750
Farm
Credit
Bank
of
Texas,
144A(2)
6.750%
Baa1
482,125
37,722
Fifth
Third
Bancorp
6.625%
BB+
960,779
37,000
KeyCorp
6.200%
BB+
897,250
18,425
KeyCorp
6.125%
BB+
461,731
22,531
Regions
Financial
Corp
6.375%
BB+
576,794
13,700
Synovus
Financial
Corp
5.875%
BB-
335,787
7,800
Western
Alliance
Bancorp
4.250%
Ba1
170,976
14,500
Wintrust
Financial
Corp
6.875%
Ba2
354,380
Total
Banks
5,660,971
Capital
Markets
-
0.5%
5,100
Goldman
Sachs
Group
Inc
5.500%
BB+
126,123
25,000
Morgan
Stanley
6.875%
BBB-
627,000
55,260
Morgan
Stanley
7.125%
BBB-
1,411,340
10,100
Morgan
Stanley
6.500%
BBB-
253,914
Total
Capital
Markets
2,418,377
Communications
Equipment
-
0.0%
3,288
Riverbed
Technology
Inc(2)
0.000%
N/R
33
Consumer
Finance
-
0.2%
26,800
Capital
One
Financial
Corp
5.000%
BB+
526,084
27,448
Synchrony
Financial
5.625%
BB-
502,298
Total
Consumer
Finance
1,028,382
Diversified
Financial
Services
-
0.2%
21,900
Equitable
Holdings
Inc
5.250%
BBB-
456,177
23,800
Voya
Financial
Inc
5.350%
BB+
570,248
Total
Diversified
Financial
Services
1,026,425
Diversified
Telecommunication
Services
-
0.0%
7,900
AT&T
Inc
4.750%
BB+
148,362
Food
Products
-
0.4%
24,270
CHS
Inc
6.750%
N/R
600,682
44,746
CHS
Inc
7.100%
N/R
1,112,386
8,807
CHS
Inc
7.875%
N/R
228,366
Total
Food
Products
1,941,434
Insurance
-
1.3%
24,200
American
Equity
Investment
Life
Holding
Co
6.625%
BB
574,508
41,000
American
Equity
Investment
Life
Holding
Co
5.950%
BB
920,450
39,481
Aspen
Insurance
Holdings
Ltd
5.950%
BB+
891,086
15,200
Aspen
Insurance
Holdings
Ltd
5.625%
BB+
315,552
11,000
Assurant
Inc
5.250%
BBB-
234,080
25,936
Athene
Holding
Ltd
6.350%
BBB
632,320
19,590
Athene
Holding
Ltd
6.375%
BBB
494,060
2,500
Axis
Capital
Holdings
Ltd
5.500%
BBB
52,700
18,700
Enstar
Group
Ltd
7.000%
BBB-
438,515
25,900
Reinsurance
Group
of
America
Inc
5.750%
BBB+
641,025
10,300
Reinsurance
Group
of
America
Inc(2)
7.125%
BBB+
259,045
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
36
NMAI
Shares  
Description
(1)
Coupon
Ratings
(8)
Value
Insurance
(continued)
8,200
Selective
Insurance
Group
Inc
4.600%
BB+
$
143,254
Total
Insurance
5,596,595
Multi-Utilities
-
0.1%
10,000
NiSource
Inc
6.500%
BB+
246,800
Oil,
Gas
&
Consumable
Fuels
-
0.6%
5,400
Energy
Transfer
LP
7.600%
BB
130,626
31,400
NuStar
Energy
LP
10.249%
B
698,336
40,500
NuStar
Energy
LP(4)
9.126%
B
782,865
184,700
Petroleo
Brasileiro
SA
0.000%
N/R
1,020,338
Total
Oil,
Gas
&
Consumable
Fuels
2,632,165
Thrifts
&
Mortgage
Finance
-
0.2%
42,814
New
York
Community
Bancorp
Inc(4)
6.375%
BB-
1,056,221
Trading
Companies
&
Distributors
-
0.2%
20,500
Air
Lease
Corp
6.150%
BB+
458,585
6,800
WESCO
International
Inc
10.625%
B
183,260
Total
Trading
Companies
&
Distributors
641,845
Total
$25
Par
(or
similar)
Retail
Preferred
(cost
$25,963,788)
23,565,996
Shares
Description
(1)
Value
X
16,615,677
INVESTMENT
COMPANIES
-
3.7%
(2.3%
of
Total
Investments)
X
16,615,677
91,601
Cordiant
Digital
Infrastructure
Ltd/Fund
$
91,047
43,959
iShares
MSCI
ACWI
ETF(4)
3,421,329
175,131
Vanguard
Short-Term
Bond
ETF
13,103,301
Total
Investment
Companies
(cost
$17,899,448)
16,615,677
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
14,617,696
CORPORATE
BONDS
-
3.3%
(2.0%
of
Total
Investments)
X
14,617,696
Commercial
Services
&
Supplies
-
0.3%
$
325
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc,
144A
6.250%
1/15/28
B-
$
277,346
973
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc,
144A
(4)
5.750%
4/15/26
BB-
915,534
1,298
Total
Commercial
Services
&
Supplies
1,192,880
37
Principal
Amount
(000)  
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Communications
Equipment
-
0.1%
$
1,320
Avaya
Inc,
144A
6.125%
9/15/28
CCC
$
656,700
Construction
Materials
-
0.0%
200
GCC
SAB
de
CV,
144A
3.614%
4/20/32
BBB-
161,748
Diversified
Telecommunication
Services
-
0.1%
375
Frontier
Communications
Holdings
LLC,
144A
5.875%
10/15/27
B
336,086
Electronic
Equipment,
Instruments
&
Components
-
0.1%
375
Imola
Merger
Corp,
144A
4.750%
5/15/29
BB-
316,369
Entertainment
-
0.0%
125
AMC
Entertainment
Holdings
Inc(cash
10.000%,
PIK
12.000%),
144A
10.000%
6/15/26
CCC-
85,313
Equity
Real
Estate
Investment
Trusts
(Reits)
-
0.1%
250
RLJ
Lodging
Trust
LP,
144A
3.750%
7/01/26
BB-
213,515
Health
Care
Providers
&
Services
-
0.9%
1,250
HCA
Inc
(4)
5.000%
3/15/24
BBB-
1,241,818
525
Legacy
LifePoint
Health
LLC,
144A
6.750%
4/15/25
B+
496,763
750
Legacy
LifePoint
Health
LLC,
144A
4.375%
2/15/27
B+
619,749
625
Tenet
Healthcare
Corp,
144A
4.625%
6/15/28
BB-
546,229
625
Tenet
Healthcare
Corp,
144A
4.625%
9/01/24
BB-
604,900
400
Tenet
Healthcare
Corp,
144A
4.875%
1/01/26
BB-
371,708
250
Tenet
Healthcare
Corp,
144A
6.125%
10/01/28
B-
219,022
4,425
Total
Health
Care
Providers
&
Services
4,100,189
Hotels,
Restaurants
&
Leisure
-
0.4%
1,475
Caesars
Entertainment
Inc,
144A
(4)
6.250%
7/01/25
B+
1,421,531
250
Life
Time
Inc,
144A
5.750%
1/15/26
B
227,500
1,725
Total
Hotels,
Restaurants
&
Leisure
1,649,031
Insurance
-
0.4%
475
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-
Issuer,
144A
4.250%
10/15/27
B
405,734
1,357
Assurant
Inc
(4)
7.000%
3/27/48
BBB-
1,329,860
1,832
Total
Insurance
1,735,594
Machinery
-
0.0%
200
Sempra
Global,
144A
3.250%
1/15/32
BBB-
159,187
Media
-
0.3%
250
Clear
Channel
Outdoor
Holdings
Inc,
144A
7.750%
4/15/28
CCC
188,750
250
Clear
Channel
Outdoor
Holdings
Inc,
144A
7.500%
6/01/29
CCC
181,250
625
iHeartCommunications
Inc,
144A
5.250%
8/15/27
BB-
533,906
52
iHeartCommunications
Inc
8.375%
5/01/27
B-
43,765
300
LCPR
Senior
Secured
Financing
DAC,
144A
5.125%
7/15/29
B+
225,920
69
McGraw-Hill
Education
Inc,
144A
5.750%
8/01/28
B
57,616
250
Outfront
Media
Capital
LLC
/
Outfront
Media
Capital
Corp,
144A
5.000%
8/15/27
B+
218,387
1,796
Total
Media
1,449,594
Oil,
Gas
&
Consumable
Fuels
-
0.2%
250
Calumet
Specialty
Products
Partners
LP
/
Calumet
Finance
Corp,
144A
8.125%
1/15/27
B-
230,000
250
Matador
Resources
Co
5.875%
9/15/26
BB-
241,167
61
PBF
Holding
Co
LLC
/
PBF
Finance
Corp
7.250%
6/15/25
BB-
58,255
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
38
NMAI
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.
Principal
Amount
(000)  
Description
(1)
Coupon
Maturity
Ratings
(8)
Value
Oil,
Gas
&
Consumable
Fuels
(continued)
$
250
PBF
Logistics
LP
/
PBF
Logistics
Finance
Corp
6.875%
5/15/23
B+
$
249,388
811
Total
Oil,
Gas
&
Consumable
Fuels
778,810
Specialty
Retail
-
0.1%
640
Hertz
Corp,
144A
4.625%
12/01/26
B+
519,911
Wireless
Telecommunication
Services
-
0.3%
1,250
Sprint
Corp
(4)
7.875%
9/15/23
BB+
1,262,769
$
16,622
Total
Corporate
Bonds
(cost
$17,031,678)
14,617,696
Shares
Description
(1)
Value
X
535,373
WARRANTS
-
0.1%
(0.1%
of
Total
Investments)
X
535,373
Energy
Equipment
&
Services
-
0.1%
3,996
Fieldwood
Energy
LLC
(2)
$
482,185
5,530
Fieldwood
Energy
LLC
(2)
27,650
2,870
Fieldwood
Energy
LLC
(2)
22,960
Total
Energy
Equipment
&
Services
532,795
Entertainment
-
0.0%
34,453
Cineworld
Warrant
2,578
Total
Warrants
(cost
$54,810)
535,373
Total
Long-Term
Investments
(cost
$833,778,849)
717,724,235
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
 0.9% (0.5%
of
Total
Investments)
3,848,347
REPURCHASE
AGREEMENTS
-
0.9%
(0.5%
of
Total
Investments)
X
3,848,347
$
3,848
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/30/22,
repurchase
price
$3,848,613,
collateralized
by
$3,089,500,
U.S.
Treasury
Inflation
Index
Notes,
0.125%,
due
1/15/23,
value
$3,925,376
0.830%
10/03/22
$
3,848,347
Total
Short-Term
Investments
(cost
$3,848,347)
3,848,347
Total
Investments
(cost
$
837,627,196
)
-
161
.2
%
721,572,582
Borrowings
-
(44.5)%
(16),(17)
(
199,301,000
)
Reverse
Repurchase
Agreements,
including
accrued
interest
-
(13.5)%(18)
(
60,250,732
)
Other
Assets
Less
Liabilities
-  (3.2)%
(
14,282,974
)
Net
Assets
Applicable
to
Common
Shares
-
100%
$
447,737,876
39
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:
Common
Stocks
$
147,039,926
$
131,575,372
$
2,395
$
278,617,693
Variable
Rate
Senior
Loan
Interests
–
90,333,280
–
90,333,280
Asset-Backed
and
Mortgage-Backed
Securities
–
82,802,559
–
82,802,559
Real
Estate
Investment
Trust
Common
Stocks
77,380,050
299,298
–
77,679,348
$1,000
Par
(or
similar)
Institutional
Preferred
–
52,866,574
–
52,866,574
Emerging
Market
Debt
And
Foreign
Corporate
Bonds
–
45,060,476
–
45,060,476
Contingent
Capital
Securities
–
35,029,563
–
35,029,563
$25
Par
(or
similar)
Retail
Preferred
20,654,729
2,911,267
–
23,565,996
Investment
Companies
3,512,376
13,103,301
–
16,615,677
Corporate
Bonds
–
14,617,696
–
14,617,696
Warrants
2,578
532,795
–
535,373
Short-Term
Investments:
Repurchase
Agreements
–
3,848,347
–
3,848,347
Total
$
248,589,659
$
472,980,528
$
2,395
$
721,572,582
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
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
2.
(3)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(4)
Investment,
or
portion
of
investment,
is
hypothecated.
The
total
value
of
investments
hypothecated
as
of
the
end
of
the
reporting
period
was
$159,411,463.
(5)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(6)
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.
(7)
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.
(8)
The
Fund
uses
credit
quality
ratings
for
its
portfolio
securities
provided
by
Standard
&
Poor’s
Group
(“Standard
&
Poor’s”),
Moody’s
Investors
Service,
Inc.
(“Moody’s”)
and
Fitch,
Inc.(“Fitch”).
If
all
three
provide
a
rating
for
a
security,
the
middle
is
used;
if
two
of
the
three
agencies
rate
a
security,
the
lower
rating
is
used;
and
if
only
one
rating
agency
rates
a
security,
that
rating
is
used.
AAA,
AA,
A,
and
BBB
are
investment
grade
ratings;
BB,
B,
CCC/CC/C
and
D
are
below-investment
grade
ratings.
Credit
ratings
are
subject
to
change.
Holdings
designated
N/R
are
not
rated
by
Moody’s,
S&P
or
Fitch.
(9)
Defaulted
security.
A
security
whose
issuer
has
failed
to
fully
pay
principal
and/or
interest
when
due,
or
is
under
the
protection
of
bankruptcy.
(10)
Principal
Amount
(000)
rounds
to
less
than
$1,000.
(11)
Investment,
or
portion
of
investment,
represents
an
outstanding
unfunded
senior
loan
commitment.
(12)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(13)
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
$64,770,111
have
been
pledged
as
collateral
for
reverse
repurchase
agreements.
(14)
Perpetual
security.
Maturity
date
is
not
applicable.
(15)
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.
(16)
Borrowings
as
a
percentage
of
Total
Investments
is
27.6%.
(17)
The
Fund
may
pledge
up
to
100%
of
its
eligible
investments
(excluding
any
investments
separately
pledged
as
collateral
for
specific
investments
in
derivatives,
when
applicable)
in
the
Portfolio
of
Investments
as
collateral
for
borrowings.
As
of
the
end
of
the
reporting
period,
investments
with
a
value
of
$335,110,851
have
been
pledged
as
collateral
for
borrowings.
Nuveen
Multi-Asset
Income
Fund
(continued)
Portfolio
of
Investments
September
30,
2022
(Unaudited)
40
NMAI
(18)
Reverse
Repurchase
Agreements,
including
accrued
interest
as
a
percentage
of
Total
investments
is
8.3%.
12MTA
Federal
Reserve
U.S.
12-Month
Cumulative
Treasury
Average
1-Year
CMT.
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.
ADR
American
Depositary
Receipt
BRL
Brazilian
Real
DD1
Portion
of
investment
purchased
on
a
delayed
delivery
basis.
ETF
Exchange-Traded
Fund
EUR
Euro
GDR
Global
Depositary
Receipt
IDR
Indonesian
Rupiah
LIBOR
London
Inter-Bank
Offered
Rate
MDR
Denotes
investment
is
subject
to
dollar
roll
transactions.
MSCI
Morgan
Stanley
Capital
International
MXN
Mexican
Peso
MYR
Malaysian
Ringgit
N/A
Not
Applicable.
PIK
Payment-in-kind
(“PIK”)
security.  Depending
on
the
terms
of
the
security,
income
may
be
received
in
the
form
of
cash,
securities,
or
a
combination
of
both.  The
PIK
rate
shown,
where
applicable,
represents
the
annualized
rate
of
the
last
PIK
payment
made
by
the
issuer
as
of
the
end
of
the
reporting
period.
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
RUB
Russian
Rubble
SOFR
180A
180
Day
Average
Secured
Overnight
Financing
Rate
SOFR
30A
30
Day
Average
Secured
Overnight
Financing
Rate
SOFR
90A
90
Day
Average
Secured
Overnight
Financing
Rate
TBA
To
be
announced.
Maturity
date
not
known
prior
to
settlement
of
this
transaction.
TBD
Senior
loan
purchased
on
a
when-issued
or
delayed-delivery
basis.
Certain
details
associated
with
this
purchase
are
not
known
prior
to
the
settlement
date
of
the
transaction.
In
addition,
senior
loans
typically
trade
without
accrued
interest
and
therefore
a
coupon
rate
is
not
available
prior
to
settlement.
At
settlement,
if
still
unknown,
the
borrower
or
counterparty
will
provide
the
Fund
with
the
final
coupon
rate
and
maturity
date.
THB
Thai
Baht
UGX
Ugandan
Shilling
UYU
Uruguayan
Peso
WI/DD
Purchased
on
a
when-issued
or
delayed
delivery
basis.