1
Nuveen
Core
Plus
Impact
Fund
Portfolio
of
Investments
September
30,
2023
(Unaudited)
NPCT
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
LONG-TERM
INVESTMENTS
-
154.6% 
(99.2%
of
Total
Investments)
X
–
CORPORATE
BONDS
-
90.6%
(58.1%
of
Total
Investments)
X
306,965,836
Automobiles
&
Components
-
5.0%
$
4,000
Dana
Inc
4.250%
9/01/30
$
3,210,400
3,510
Ford
Motor
Co
3.250%
2/12/32
2,705,029
15,300
(b)
Harley-Davidson
Inc
4.625%
7/28/45
11,090,459
Total
Automobiles
&
Components
17,005,888
Banks
-
12.9%
5,000
Citigroup
Inc
2.014%
1/25/26
4,721,509
17,000
Intesa
Sanpaolo
SpA,
144A
4.950%
6/01/42
10,541,307
3,583
JPMorgan
Chase
&
Co
0.768%
8/09/25
3,412,750
5,000
Lloyds
Banking
Group
PLC
4.976%
8/11/33
4,437,135
10,000
(b)
Standard
Chartered
PLC,
144A
5.300%
1/09/43
8,120,563
15,000
UniCredit
SpA,
144A
5.459%
6/30/35
12,574,563
Total
Banks
43,807,827
Capital
Goods
-
4.1%
5,800
(b)
GATX
Corp
3.100%
6/01/51
3,358,934
5,000
Mueller
Water
Products
Inc,
144A
4.000%
6/15/29
4,354,528
5,000
Sociedad
de
Transmision
Austral
SA,
144A
4.000%
1/27/32
4,223,296
2,305
YMCA
of
Greater
New
York
5.021%
8/01/38
1,934,689
Total
Capital
Goods
13,871,447
Commercial
&
Professional
Services
-
0.5%
2,040
New
York
Public
Library
Astor
Lenox
&
Tilden
Foundations/
The
4.305%
7/01/45
1,596,859
Total
Commercial
&
Professional
Services
1,596,859
Consumer
Discretionary
Distribution
&
Retail
-
1.7%
10,000
Nordstrom
Inc
5.000%
1/15/44
5,901,000
Total
Consumer
Discretionary
Distribution
&
Retail
5,901,000
Consumer
Durables
&
Apparel
-
1.5%
5,000
EUR
Arcelik
AS
,
Reg
S
3.000%
5/27/26
4,889,190
Total
Consumer
Durables
&
Apparel
4,889,190
Consumer
Services
-
1.6%
6,160
YMCA
of
Greater
New
York
2.303%
8/01/26
5,533,453
Total
Consumer
Services
5,533,453
Diversified
Financials
-
1.4%
5,400
EUR
Power
Finance
Corp
Ltd
1.841%
9/21/28
4,758,063
Total
Diversified
Financials
4,758,063
Energy
-
3.5%
15,000
(b)
Santos
Finance
Ltd,
144A
3.649%
4/29/31
11,984,424
Total
Energy
11,984,424
Equity
Real
Estate
Investment
Trusts
(REITs)
-
4.3%
9,915
HAT
Holdings
I
LLC
/
HAT
Holdings
II
LLC,
144A
3.375%
6/15/26
8,812,782
2,000
HAT
Holdings
I
LLC
/
HAT
Holdings
II
LLC,
144A
3.750%
9/15/30
1,530,539
2,000
Host
Hotels
&
Resorts
LP
2.900%
12/15/31
1,537,121
3,000
Scentre
Group
Trust
2,
144A
5.125%
9/24/80
2,503,924
Total
Equity
Real
Estate
Investment
Trusts
(REITs)
14,384,366
Nuveen
Core
Plus
Impact
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
2
NPCT
Principal
Amount
(000)  
Description
(a)
Coupon
Maturity
Value
Financial
Services
-
6.0%
$
9,000
Banco
BTG
Pactual
SA/Cayman
Islands,
144A
2.750%
1/11/26
$
8,229,378
2,400
Community
Preservation
Corp/The
2.867%
2/01/30
1,995,186
5,745
Starwood
Property
Trust
Inc,
144A
3.625%
7/15/26
5,094,522
5,710
Starwood
Property
Trust
Inc,
144A
4.375%
1/15/27
4,980,556
Total
Financial
Services
20,299,642
Materials
-
6.0%
1,550
Cemex
SAB
de
CV,
144A
9.125%
12/30/49
1,613,558
5,000
LG
Chem
Ltd,
144A
2.375%
7/07/31
3,896,732
5,000
LYB
International
Finance
III
LLC
3.800%
10/01/60
3,061,479
8,108
Star
Energy
Geothermal
Wayang
Windu
Ltd,
144A
6.750%
4/24/33
7,780,861
5,000
Teck
Resources
Ltd
5.200%
3/01/42
4,084,212
Total
Materials
20,436,842
Media
&
Entertainment
-
1.8%
10,000
Discovery
Communications
LLC
4.000%
9/15/55
5,999,722
Total
Media
&
Entertainment
5,999,722
Real
Estate
Management
&
Development
-
0.5%
2,250
EUR
GTC
Aurora
Luxembourg
SA
,
Reg
S
2.250%
6/23/26
1,573,812
Total
Real
Estate
Management
&
Development
1,573,812
Technology
Hardware
&
Equipment
-
3.3%
5,000
SK
Battery
America
Inc
,
Reg
S
2.125%
1/26/26
4,467,357
10,000
Vodafone
Group
PLC
5.125%
6/04/81
6,784,878
Total
Technology
Hardware
&
Equipment
11,252,235
Telecommunication
Services
-
0.8%
5,000
Verizon
Communications
Inc
2.987%
10/30/56
2,775,470
Total
Telecommunication
Services
2,775,470
Transportation
-
2.8%
5,000
Delta
Air
Lines
2019-1
Class
AA
Pass
Through
Trust2020
A
3.204%
4/25/24
4,917,788
7,000
Norfolk
Southern
Corp
4.100%
5/15/21
4,547,704
Total
Transportation
9,465,492
Utilities
-
32.9%
1,750
AES
Corp/The
2.450%
1/15/31
1,345,865
6,270
Atlantica
Sustainable
Infrastructure
PLC,
144A
4.125%
6/15/28
5,409,863
15,000
(b)
Brooklyn
Union
Gas
Co/The,
144A
4.273%
3/15/48
10,417,159
5,100
Clearway
Energy
Operating
LLC,
144A
3.750%
1/15/32
3,964,638
7,050
Colbun
SA,
144A
3.150%
1/19/32
5,690,399
2,244
Consolidated
Edison
Co
of
New
York
Inc
4.300%
12/01/56
1,648,814
5,000
EUR
EDP
-
Energias
de
Portugal
SA
1.875%
3/14/82
4,043,982
7,956
India
Cleantech
Energy2021
1,
144A
4.700%
8/10/26
6,893,874
6,650
Interchile
SA,
144A
4.500%
6/30/56
4,996,399
6,616
Inversiones
Latin
America
Power
Ltda,
144A
5.125%
6/15/33
3,456,639
2,000
Leeward
Renewable
Energy
Operations
LLC,
144A
4.250%
7/01/29
1,644,114
7,330
Liberty
Utilities
Finance
GP
1,
144A
2.050%
9/15/30
5,651,212
7,000
Pattern
Energy
Operations
LP
/
Pattern
Energy
Operations
Inc,
144A
4.500%
8/15/28
6,079,499
2,667
Solar
Star
Funding
LLC,
144A
5.375%
6/30/35
2,498,007
13,000
(b)
Southern
California
Edison
Co
3.650%
6/01/51
8,627,276
4,000
Southern
Co
Gas
Capital
Corp
3.150%
9/30/51
2,370,279
5,000
Star
Energy
Geothermal
Darajat
II
/
Star
Energy
Geothermal
Salak,
144A
4.850%
10/14/38
4,259,159
8,075
Sunnova
Energy
Corp,
144A
5.875%
9/01/26
6,921,082
9,695
Sweihan
PV
Power
Co
PJSC2022
1,
144A
3.625%
1/31/49
7,501,777
4,255
Topaz
Solar
Farms
LLC,
144A
5.750%
9/30/39
3,932,471
3
Principal
Amount
(000)  
Description
(a)
Coupon
Maturity
Value
Utilities
(continued)
$
9,548
Topaz
Solar
Farms
LLC,
144A
4.875%
9/30/39
$
8,582,653
5,800
Vena
Energy
Capital
Pte
Ltd
,
Reg
S
3.133%
2/26/25
5,494,943
Total
Utilities
111,430,104
Total
Corporate
Bonds
(cost
$406,262,807)
306,965,836
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
$1,000
PAR
(OR
SIMILAR)
INSTITUTIONAL
PREFERRED
-
22.6%
(14.5%
of
Total
Investments)
X
76,621,493
Banks
-
6.6%
$
10,375
Banco
Nacional
de
Comercio
Exterior
SNC/Cayman
Islands,
144A
2.720%
8/11/31
$
8,558,986
4,250
Citigroup
Inc
4.150%
N/A
(c)
3,401,619
3,250
JPMorgan
Chase
&
Co
3.650%
N/A
(c)
2,836,723
10,195
PNC
Financial
Services
Group
Inc/The
3.400%
N/A
(c)
7,541,991
Total
Banks
22,339,319
Capital
Goods
-
3.1%
12,000
Air
Lease
Corp
4.650%
N/A
(c)
10,567,664
Total
Capital
Goods
10,567,664
Financial
Services
-
1.7%
7,200
American
Express
Co
3.550%
N/A
(c)
5,716,721
Total
Financial
Services
5,716,721
Insurance
-
4.2%
15,000
(b)
Swiss
Re
Finance
Luxembourg
SA,
144A
5.000%
4/02/49
14,055,000
Total
Insurance
14,055,000
Utilities
-
7.0%
5,000
Algonquin
Power
&
Utilities
Corp
4.750%
1/18/82
4,075,000
2,500
CMS
Energy
Corp
4.750%
6/01/50
2,132,650
2,500
CMS
Energy
Corp
3.750%
12/01/50
1,877,625
8,000
EUR
Engie
SA
,
Reg
S
1.875%
N/A
(c)
6,406,935
4,600
Sempra
4.125%
4/01/52
3,720,843
5,000
Southern
Co/The
3.750%
9/15/51
4,360,986
1,500
Vistra
Corp,
144A
7.000%
N/A
(c)
1,368,750
Total
Utilities
23,942,789
Total
$1,000
Par
(or
similar)
Institutional
Preferred
(cost
$95,768,686)
76,621,493
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X–
MORTGAGE-BACKED
SECURITIES
-
18.3%
(11.7%
of
Total
Investments)
X
61,879,290
6,500
(d)
Alen
Mortgage
Trust,
(TSFR1M
reference
rate
+
4.114%
spread),
2021
ACEN,
144A
9.447%
4/15/34
$
3,382,834
5,000
(d)
BAMLL
Commercial
Mortgage
Securities
Trust
2021-JACX,
(TSFR1M
reference
rate
+
3.864%
spread),
2021
JACX,
144A
9.197%
9/15/38
4,014,434
4,000
BBCMS
Mortgage
Trust
2020-C6,
2020
C6,
144A
3.811%
2/15/53
2,540,463
3,840
Benchmark
2019-B10
Mortgage
Trust,
2019
B10,
144A
4.029%
3/15/62
2,444,681
7,887
COMM
2020-CX
Mortgage
Trust,
2020
CX,
144A
2.773%
11/10/46
4,917,614
45,881
Freddie
Mac
Multifamily
ML
Certificates,
2021
ML12,
(I/O)
1.303%
7/25/41
4,376,075
28,334
Freddie
Mac
Multifamily
ML
Certificates,
2021
ML10,
(I/O)
2.127%
1/25/38
4,298,604
64,977
Freddie
Mac
Multifamily
ML
Certificates,
2021
ML11,
(I/O),
144A
0.770%
3/25/38
3,502,926
Nuveen
Core
Plus
Impact
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
4
NPCT
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X–
MORTGAGE-BACKED
SECURITIES
(continued)
$
680
Hudson
Yards
2016-10HY
Mortgage
Trust,
2016
10HY,
144A
2.835%
8/10/38
$
614,479
2,500
Hudson
Yards
Mortgage
Trust,
2019
55HY,
144A
3.041%
12/10/41
1,719,835
5,000
J.P.
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2018-AON,
2018
AON,
144A
4.767%
7/05/31
1,069,206
10,000
MFT
Trust
2020-ABC,
2020
ABC,
144A
3.593%
2/10/42
4,078,263
700
(d)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
reference
rate
+
3.579%
spread),
2019
MILE,
144A
8.912%
7/15/36
501,894
5,661
(d)
Natixis
Commercial
Mortgage
Securities
Trust
2019-MILE,
(TSFR1M
reference
rate
+
2.829%
spread),
2019
MILE,
144A
8.162%
7/15/36
4,338,934
7,420
NYC
Commercial
Mortgage
Trust
2021-909,
2021
909,
144A
3.312%
4/10/43
3,425,719
3,860
SLG
Office
Trust,
2021
OVA,
144A
2.851%
7/15/41
2,682,436
80,369
SLG
Office
Trust,
2021
OVA,
144A
0.258%
7/15/41
1,138,805
8,000
SLG
Office
Trust
2021-OVA,
2021
OVA,
144A
2.851%
7/15/41
5,385,464
3,500
SUMIT
2022-BVUE
Mortgage
Trust,
2022
BVUE,
144A
2.989%
2/12/41
2,082,104
7,000
VNDO
Trust,
2016
350P,
144A
4.033%
1/10/35
5,364,520
Total
Mortgage-Backed
Securities
(cost
$97,135,023)
61,879,290
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
SOVEREIGN
DEBT
-
6.2%
(4.0%
of
Total
Investments)
X
21,142,652
Benin
-
2.1%
$
10,000
EUR
Benin
Government
International
Bond
,
144A
4.950%
1/22/35
$
7,242,797
Total
Benin
7,242,797
Chile
-
1.0%
5,000
Chile
Government
International
Bond
3.100%
5/07/41
3,393,243
Total
Chile
3,393,243
Egypt
-
0.6%
2,500
Egypt
Government
International
Bond
,
144A
5.250%
10/06/25
1,918,270
Total
Egypt
1,918,270
Mexico
-
1.9%
5,000
EUR
Mexico
Government
International
Bond
2.250%
8/12/36
3,709,380
3,150
Mexico
Government
International
Bond
4.875%
5/19/33
2,822,586
Total
Mexico
6,531,966
Panama
-
0.6%
2,723
UEP
Penonome
II
SA
,
144A
6.500%
10/01/38
2,056,376
Total
Panama
2,056,376
Total
Sovereign
Debt
(cost
$30,876,030)
21,142,652
Shares  
Description
(a)
Coupon
Value
X
–
$25
PAR
(OR
SIMILAR)
RETAIL
PREFERRED
-
5.9%
(3.8%
of
Total
Investments)
X
19,843,036
Capital
Goods
-
1.4%
269,000
Triton
International
Ltd
5.750%
$
4,893,110
Total
Capital
Goods
4,893,110
Financial
Services
-
1.4%
300,000
Affiliated
Managers
Group
Inc
4.200%
4,602,000
Total
Financial
Services
4,602,000
5
Shares  
Description
(a)
Coupon
Value
Real
Estate
Management
&
Development
-
0.3%
77,904
Brookfield
Property
Partners
LP
5.750%
$
992,497
Total
Real
Estate
Management
&
Development
992,497
Utilities
-
2.8%
100,426
Brookfield
Infrastructure
Partners
LP
5.125%
1,751,429
200,000
Brookfield
Renewable
Partners
LP
5.250%
3,640,000
200,000
CMS
Energy
Corp
4.200%
3,964,000
Total
Utilities
9,355,429
Total
$25
Par
(or
similar)
Retail
Preferred
(cost
$28,938,056)
19,843,036
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X–
ASSET-BACKED
SECURITIES
-
4.2%
(2.7%
of
Total
Investments)
X
14,386,772
$
1,000
Frontier
Issuer
LLC,
2023
1,
144A
11.500%
8/20/53
$
964,011
1,000
Frontier
Issuer
LLC,
2023
1,
144A
8.300%
8/20/53
947,284
2,147
GoodLeap
Sustainable
Home
Solutions
Trust
2021-3,
2021
3CS,
144A
3.500%
5/20/48
1,402,929
2,311
GoodLeap
Sustainable
Home
Solutions
Trust
2021-4,
2021
4GS,
144A
3.500%
7/20/48
1,666,802
5,148
(e)
Mosaic
Solar
Loan
Trust,
2020
1A,
144A
0.000%
4/20/46
3,635,831
4,590
(e)
Mosaic
Solar
Loan
Trust,
2019
2A,
144A
0.000%
9/20/40
1,791,771
1,600
Tesla
Auto
Lease
Trust,
2021
A,
144A
1.020%
3/20/25
1,588,273
2,500
Tesla
Auto
Lease
Trust
2021-B,
2021
B,
144A
1.320%
9/22/25
2,389,871
Total
Asset-Backed
Securities
(cost
$17,935,271)
14,386,772
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(f)
Value
X
–
MUNICIPAL
BONDS
-
3.3%
(2.1%
of
Total
Investments)
X
11,127,775
Arizona
-
0.2%
$
810
Arizona
Industrial
Development
Authority,
Arizona,
Education
Revenue
Bonds,
KIPPC
NYC
Public
Charter
Schools
-
Gerard
Facility
Project,
Series
2021C,
3.250%,
7/01/31
No
Opt.
Call
$
678,340
Total
Arizona
678,340
District
of
Columbia
-
0.1%
254
District
of
Columbia
Water
and
Sewer
Authority,
Public
Utility
Revenue
Bonds,
Taxable
Senior
Lien
Green
Series
2014A,
4.814%,
10/01/14
No
Opt.
Call
217,088
Total
District
of
Columbia
217,088
Indiana
-
0.0%
235
Fort
Wayne,
Indiana
Economic
Development,
Solid
Waste
Facility
Revenue
Bonds,
Do
Good
Foods
LLC
Fort
Wayne,
Taxable
Series
2022A-2,
10.750%,
12/01/29
No
Opt.
Call
23
Total
Indiana
23
Michigan
-
1.4%
City
of
Detroit,
Michigan,
General
Obligation
Bonds,
Series
2021
:
1,000
2.960%,
4/01/27
No
Opt.
Call
868,777
500
3.110%,
4/01/28
No
Opt.
Call
420,681
2,245
3.244%,
4/01/29
No
Opt.
Call
1,830,972
425
3.344%,
4/01/30
No
Opt.
Call
335,334
1,575
Detroit,
Wayne
County,
Michigan,
General
Obligation
Bonds,
Taxable
Series
2021B,
3.644%,
4/01/34
4/31
at
100.00
1,157,494
Total
Michigan
4,613,258
Nuveen
Core
Plus
Impact
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
6
NPCT
Principal
Amount
(000)
Description
(a)
Optional
Call
Provisions
(f)
Value
Montana
-
0.3%
$
1,000
County
of
Gallatin,
Montana,
Series
2022,
11.500%,
9/01/27,
144A
9/25
at
103.00
$
1,046,021
Total
Montana
1,046,021
New
York
-
1.3%
5,300
Metropolitan
Transportation
Authority,
New
York,
Transportation
Revenue
Bonds,
Taxable
Green
Climate
Certified
Series
2020C-2,
5.175%,
11/15/49
No
Opt.
Call
4,573,045
Total
New
York
4,573,045
Total
Municipal
Bonds
(cost
$15,204,057)
11,127,775
Principal
Amount
(000)
Description
(a)
Coupon
(g)
Reference
Rate
(g)
Spread
(g)
Maturity
(h)
Value
X
–
VARIABLE
RATE
SENIOR
LOAN
INTERESTS
-
3.2%
(2.1%
of
Total
Investments)
(g)
X
10,921,446
Commercial
&
Professional
Services
-
2.9%
$
10,391
Liberty
Tire
Recycling
Holdco,
LLC,
Term
Loan
9.931%
1
+
3-Month
LIBOR
4.500%
5/07/28
$
9,851,107
Total
Commercial
&
Professional
Services
9,851,107
Utilities
-
0.3%
1,072
ExGen
Renewables
IV,
LLC,
Term
Loan
8.184%
SOFR90A
2.500%
12/15/27
1,070,339
Total
Utilities
1,070,339
Total
Variable
Rate
Senior
Loan
Interests
(cost
$11,426,710)
10,921,446
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
U.S.
GOVERNMENT
AND
AGENCY
OBLIGATIONS
-
0.3%
(0.2%
of
Total
Investments)
X
944,844
$
1,000
United
States
Treasury
Note/Bond
3.875%
8/15/33
$
944,844
Total
U.S.
Government
and
Agency
Obligations
(cost
$973,902)
944,844
Total
Long-Term
Investments
(cost
$704,520,542)
523,833,144
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
1.2% (0.8%
of
Total
Investments)
X
–
REPURCHASE
AGREEMENTS
-
1.2%
(0.8%
of
Total
Investments)
X
4,300,000
$
4,300
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
9/30/23,
repurchase
price
$4,301,892,
collateralized
by
$5,505,500,
U.S.
Treasury
Bond,
3.375%,
due
11/15/48,
value
$4,386,045
5.280%
10/02/23
$
4,300,000
Total
Repurchase
Agreements
(cost
$4,300,000)
4,300,000
Total
Short-Term
Investments
(cost
$4,300,000)
4,300,000
Total
Investments
(cost
$708,820,542
)
-
155.8%
528,133,144
Borrowings
-
(31.1)%
(i),(j)
(105,500,000)
Reverse
Repurchase
Agreements,
including
accrued
interest
-
(13.6)%(k)
(46,111,252)
TFP
Shares,
Net
-
(20.6)%(l)
(69,670,710)
Other
Assets
&
Liabilities,
Net
-  9.5%
32,038,135
Net
Assets
Applicable
to
Common
Shares
-
100%
$
338,889,317
7
Investments
in
Derivatives
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
–
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
–
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
–
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Forward
Foreign
Currency
Contracts
Currency
Purchased
Notional
Amount
(Local
Currency)
Currency
Sold
Notional
Amount
(Local
Currency)
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
U.S.
Dollar
7,649,226
Euro
6,858,671
Barclays
Bank
PLC
10/13/23
$
394,946
Cross
Currency
Swaps
-
OTC
Uncleared
Counterparty
Terms
of
payments
to
be
paid
Terms
of
payments
to
be
received
Currency
Maturity
Date
Notional
Amount
(Local
Currency)
Value
Upfront
Premiums
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
Citibank
N.A.
Fixed
annual
2.250%
Fixed
semi-annual
3.562%
USD
EUR
6/23/26
2,725,875
2,250,000
$
360,510
$
25,226
$
335,284
Citibank
N.A.
Fixed
semi-annual
1.875%
Fixed
annual
3.472%
USD
EUR
7/02/31
5,904,500
5,000,000
818,845
16,206
802,639
Citibank
N.A.
Fixed
semi-annual
1.875%
Fixed
annual
3.493%
USD
EUR
7/02/31
3,543,900
3,000,000
497,653
(7,036)
504,689
Citibank
N.A.
Fixed
semi-annual
2.250%
Fixed
annual
3.775%
USD
EUR
8/12/36
5,909,000
5,000,000
924,080
12,317
911,763
JPMorgan
Chase
Bank,
N.A.
Fixed
semi-annual
1.875%
Fixed
annual
3.431%
USD
EUR
6/14/29
5,905,000
5,000,000
708,801
(3,275)
712,076
Morgan
Stanley
Capital
Services
LLC
Fixed
semi-annual
3.000%
Fixed
annual
4.330%
USD
EUR
5/27/26
6,088,500
5,000,000
862,804
4,250
858,554
Morgan
Stanley
Capital
Services
LLC
Fixed
semi-annual
1.841%
Fixed
annual
3.337%
USD
EUR
9/21/28
6,376,320
5,400,000
725,333
(3)
725,336
Total
$
4,898,026
$
47,685
$
4,850,341
Nuveen
Core
Plus
Impact
Fund
(continued)
Portfolio
of
Investments
September
30,
2023
(Unaudited)
8
NPCT
The
following
is
a
reconciliation
of
the
Fund’s
Level
3
investments
held
at
the
beginning
and
end
of
the
measurement
period:
The
valuation
techniques
and
significant
unobservable
inputs
used
in
recurring
Level
3
fair
value
measurements
of
assets
as
of
the
end
of
the
reporting
period,
were
as
follows:
The
table
below
presents
the
transfers
in
and
out
of
the
three
valuation
levels
for
the
Fund
as
of
the
end
of
the
reporting
period
when
compared
to
the
valuation
levels
at
the
end
of
the
previous
fiscal
year.
Changes
in
valuation
inputs
or
methodologies
may
result
in
transfers
into
or
out
of
an
assigned
level
within
the
fair
value
hierarchy.
Transfers
in
or
out
of
levels
are
generally
due
to
the
availability
of
publicly
available
information
and
to
the
significance
or
extent
the
Adviser
determines
that
the
valuation
inputs
or
methodologies
may
impact
the
valuation
of
those
securities.
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Bonds
$
–
$
306,965,836
$
–
$
306,965,836
$1,000
Par
(or
similar)
Institutional
Preferred
–
76,621,493
–
76,621,493
Mortgage-Backed
Securities
–
61,879,290
–
61,879,290
Sovereign
Debt
–
21,142,652
–
21,142,652
$25
Par
(or
similar)
Retail
Preferred
19,843,036
–
–
19,843,036
Asset-Backed
Securities
–
8,959,170
5,427,602
14,386,772
Municipal
Bonds
–
11,127,775
–
11,127,775
Variable
Rate
Senior
Loan
Interests
–
10,921,446
–
10,921,446
U.S.
Government
and
Agency
Obligations
–
944,844
–
944,844
Short-Term
Investments:
Repurchase
Agreements
–
4,300,000
–
4,300,000
Investments
in
Derivatives:
Forward
Foreign
Currency
Contracts*
–
394,946
–
394,946
Cross
Currency
Swaps*
–
4,850,341
–
4,850,341
Total
$
19,843,036
$
508,107,793
$
5,427,602
$
533,378,431
*
Represents
net
unrealized
appreciation
(depreciation).
Level
3
Core
Plus
Impact
Fund
Asset-Backed
Securities
Balance
at
the
beginning
of
period
$-
Gains
(losses):
-
Net
realized
gains
(losses)
-
Change
in
net
unrealized
appreciation
(depreciation)
-
Purchases
at
cost
-
Sales
at
proceeds
-
Net
discounts
(premiums)
-
Transfers
into
5,427,602
Transfers
(out
of)
-
Balance
at
the
end
of
period
$5,427,602
Change
in
net
unrealized
appreciation
(depreciation)
during
the
period
of
Level
3
securities
held
as
of
period
end
$(189,020)
Fund
Asset
Class
Market
Value
Techniques
Unobservable
Inputs
Range
NPCT
Asset-Backed
Securitie
s
5,427,602
Third
Party
Vendor
Broker
Quote
$39.04
-
$70.62
Level
1
Level
2
Level
3
Transfers
In
(Transfers
Out)
Transfers
In
(Transfers
Out)
Transfers
In
(Transfers
Out)
Asset-Backed
Securiites
$-
$-
$-
$-
$5,427,602
$-
9
Principal
denominated
in
U.S.
Dollars,
unless
otherwise
noted. 
For
Fund
portfolio
compliance
purposes,
the
Fund’s
industry
classifications
refer
to
any
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
ratings
group
indexes,
and/or
as
defined
by
Fund
management.
This
definition
may
not
apply
for
purposes
of
this
report,
which
may
combine
industry
sub-classifications
into
sectors
for
reporting
ease.
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets
applicable
to
common
shares
unless
otherwise
noted.
(b)
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
$57,353,429
have
been
pledged
as
collateral
for
reverse
repurchase
agreements.
(c)
Perpetual
security.
Maturity
date
is
not
applicable.
(d)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(e)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(f)
Optional
Call
Provisions:
Dates
(month
and
year)
and
prices
of
the
earliest
optional
call
or
redemption.
There
may
be
other
call
provisions
at
varying
prices
at
later
dates.
Certain
mortgage-backed
securities
may
be
subject
to
periodic
principal
paydowns.
(g)
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.
(h)
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.
(i)
Borrowings
as
a
percentage
of
Total
Investments
is
20.0%.
(j)
The
Fund
may
pledge
up
to
100%
of
its
eligible
investment
(excluding
any
investments
pledged
as
collateral
to
specific
investments
in
derivatives,
when
applicable)
in
the
Portfolio
of
Investments
as
collateral
for
borrowings.
(k)
Reverse
Repurchase
Agreements,
including
accrued
interest
as
a
percentage
of
Total
investments
is
8.7%.
(l)
TFP
Shares,
Net
as
a
percentage
of
Total
Investments
is
13.2%.
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.
EUR
Euro
I/O
Interest
only
security
LIBOR
London
Inter-Bank
Offered
Rate
Reg
S
Regulation
S
allows
U.S.
companies
to
sell
securities
to
persons
or
entities
located
outside
of
the
United
States
without
registering
those
securities
with
the
Securities
and
Exchange
Commission.
Specifically,
Regulation
S
provides
a
safe
harbor
from
the
registration
requirements
of
the
Securities
Act
for
the
offers
and
sales
of
securities
by
both
foreign
and
domestic
issuers
that
are
made
outside
the
United
States.
REIT
Real
Estate
Investment
Trust
SOFR
90A
90
Day
Average
Secured
Overnight
Financing
Rate
TSFR
1M
CME
Term
SOFR
1
Month
TSFR
3M
CME
Term
SOFR
3
Month
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