Edgar Filing: NUVEEN DIVERSIFIED DIVIDEND & INCOME FUND

Nuveen Diversified Dividend and Income Fund

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-21407

Nuveen Diversified Dividend and Income Fund

(Exact name of registrant as specified in charter)

333 West Wacker Drive, Chicago, Illinois 60606

(Address of principal executive offices) (Zip code)

Gifford R. Zimmerman—Vice President and Secretary

333 West Wacker Drive, Chicago, Illinois 60606

(Name and address of agent for service)

Registrant’s telephone number, including area code: 312-917-7700

Date of fiscal year end: December 31

Date of reporting period: March 31, 2018

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

JDD

Nuveen Diversified Dividend and
Income Fund

Portfolio of Investments March 31, 2018

(Unaudited)


Shares		Description (1)	Value

		LONG-TERM INVESTMENTS – 143.3% (96.6% of Total Investments)

		COMMON STOCKS – 38.3% (25.8% of Total Investments)

		Air Freight & Logistics – 0.6%

	32,861	Deutsche Post AG, (4)	$	1,439,288

		Airlines – 0.7%

	29,357	Delta Air Lines, Inc.		1,609,057

		Automobiles – 0.6%

	17,619	Daimler AG, (4)		1,501,139

		Banks – 7.0%

	495,155	AIB Group PLC		2,980,516
	218,620	Bank of Ireland Group PLC, (4)		1,908,263
	46,228	CIT Group Inc.		2,380,742
	41,979	Citigroup Inc., (2)		2,833,583
	134,737	ING Groep N.V., ADR		2,281,097
	13,255	JPMorgan Chase & Co.		1,457,652
	32,068	The Bank of NT Butterfield and Son Limited		1,439,212
	750,700	Unicaja Banco SA, 144A, (3), (4)		1,293,792
		Total Banks		16,574,857

		Biotechnology – 0.6%

	19,019	Gilead Sciences, Inc.		1,433,842

		Capital Markets – 2.7%

	71,800	Ares Capital Corporation		1,139,466
	22,300	Aurelius AG, (4)		1,555,236
	129,741	Deutsche Boerse AG, ADR, (4)		1,768,370
	104,290	UBS Group AG, (4)		1,837,477
		Total Capital Markets		6,300,549

		Chemicals – 1.7%

	133,000	CVR Partners LP		432,250
	56,325	DowDuPont, Inc.		3,588,466
		Total Chemicals		4,020,716

		Diversified Financial Services – 0.5%

	137,751	Challenger Limited, (4)		1,233,673

		Diversified Telecommunication Services – 1.6%

	48,290	Nippon Telegraph and Telephone Corporation, ADR, (4)		2,247,900
	1,100	Nippon Telegraph and Telephone Corporation, (4)		50,656
	102,100	Telefonica Brasil SA		1,558,661
		Total Diversified Telecommunication Services		3,857,217

		Electric Utilities – 0.9%

	63,270	FirstEnergy Corp.		2,151,813

		Electrical Equipment – 0.5%

	14,055	Eaton PLC		1,123,135

		Energy Equipment & Services – 0.0%

	3,347	Ocean Rig UDW Inc., (3)		84,445


JDD		Nuveen Diversified Dividend and Income Fund (continued)
JDD		Portfolio of Investments March 31, 2018
		(Unaudited)


Shares		Description (1)	Value

		Food Products – 0.7%

	143,092	Orkla ASA, ADR, (4)	$	1,547,540

		Gas Utilities – 0.5%

	176,600	Italgas SPA, (4)		1,055,245

		Health Care Providers & Services – 0.0%

	6,594	Millennium Health LLC, (3)		132

		Hotels, Restaurants & Leisure – 0.4%

	11,175	Hyatt Hotels Corporation, Class A		852,206

		Household Durables – 0.7%

	95,024	Sekisui House, Ltd., (4)		1,734,285

		Industrial Conglomerates – 1.0%

	27,222	General Electric Company		366,953
	15,300	Siemens AG, (4)		1,952,238
		Total Industrial Conglomerates		2,319,191

		Insurance – 3.6%

	43,361	Ageas, (4)		2,237,624
	7,815	Allianz AG ORD Shares, (4)		1,766,637
	25,440	CNA Financial Corporation		1,255,464
	39,500	NN Group NV, (4)		1,754,982
	11,255	RenaissanceRe Holdings, Limited		1,558,930
		Total Insurance		8,573,637

		Media – 0.9%

	478,668	Hibu PLC, (3)		1
	2,099	Metro-Goldwyn-Mayer, (3)		203,603
	75,500	National CineMedia, Inc.		391,845
	3,185	Tribune Media Company		319
	46,954	Viacom Inc., Class B		1,458,391
		Total Media		2,054,159

		Multi-Utilities – 1.3%

	125,492	Veolia Environment S.A., (4)		2,981,359

		Oil, Gas & Consumable Fuels – 2.3%

	13,404	Chevron Corporation		1,528,592
	101,806	Enterprise Products Partnership LP		2,492,211
	9	Southcross Holdings Borrower LP, (3)		2,700
	24,800	Total SA, Sponsored ADR		1,430,712
		Total Oil, Gas & Consumable Fuels		5,454,215

		Pharmaceuticals – 3.0%

	36,799	AstraZeneca PLC, ADR		1,286,861
	80,400	GlaxoSmithKline PLC, ADR		3,141,228
	49,045	Roche Holdings AG, Sponsored ADR, (4)		1,403,913
	28,039	Takeda Chemical Industries, (4)		1,365,783
		Total Pharmaceuticals		7,197,785

		Real Estate Management & Development – 1.0%

	187,200	Great Eagle Holdings Limited, (4)		953,624
	836,690	Sino Land Company Limited, (4)		1,356,149
		Total Real Estate Management & Development		2,309,773

		Road & Rail – 0.7%

	12,315	Union Pacific Corporation		1,655,505


Shares			Description (1)							Value

			Semiconductors & Semiconductor Equipment – 1.2%

	102,290		Cypress Semiconductor Corporation							$	1,734,838
	44,754		Infineon Technologies AG, (4)								1,203,579
			Total Semiconductors & Semiconductor Equipment								2,938,417

			Software – 2.2%

	19,072		Microsoft Corporation								1,740,701
	77,472		Oracle Corporation								3,544,344
			Total Software								5,285,045

			Specialty Retail – 0.4%

	250,600		Kingfisher plc, (4)								1,028,036

			Tobacco – 1.0%

	67,614		Imperial Brands PLC, ADR, (4)								2,342,825
			Total Common Stocks (cost $77,813,409)								90,659,086

Principal Amount (000) (5)			Description (1)	Coupon		Maturity		Ratings (6)		Value

			EMERGING MARKET DEBT AND FOREIGN CORPORATE BONDS – 36.5% (24.6% of Total Investments)

			Argentina – 2.0%

$	345		City of Buenos Aires, Argentina, 144A		8.950%		2/19/21		B+	$	370,309
	310		City of Buenos Aires, Argentina, 144A		7.500%		6/01/27		B+		323,423
	320		City of Buenos Aires, Argentina, Reg S		7.500%		6/01/27		B+		333,856
	210		Province of Buenos Aires, 144A		9.125%		3/16/24		B+		233,837
	220		Province of Buenos Aires, 144A		7.875%		6/15/27		B+		228,250
	171		Provincia de Cordoba, 144A		7.125%		6/10/21		B+		179,550
	150		Republic of Argentina		6.250%		4/22/19		B+		154,125
	409		Republic of Argentina		6.875%		4/22/21		B+		433,540
	100	EUR	Republic of Argentina		3.375%		1/15/23		B+		121,716
	170		Republic of Argentina		7.500%		4/22/26		B+		181,560
	850		Republic of Argentina		6.875%		1/26/27		B+		866,575
	150	EUR	Republic of Argentina		5.250%		1/15/28		B+		179,991
	365		Republic of Argentina		2.500%		12/31/38		B+		242,360
	150		Republic of Argentina		7.625%		4/22/46		B+		149,062
	166		YPF Sociedad Anonima, 144A		8.750%		4/04/24		B2		183,845
	139		YPF Sociedad Anonima, 144A		6.950%		7/21/27		B+		139,570
	140		YPF Sociedad Anonima, 144A		7.000%		12/15/47		B+		125,510
	180		YPF Sociedad Anonima, Reg S		8.500%		7/28/25		B2		198,689
			Total Argentina								4,645,768

			Armenia – 0.2%

	455		Republic of Armenia, Reg S		7.150%		3/26/25		B1		502,529

			Azerbaijan – 1.7%

	1,710		Azerbaijan Government International Bond, Reg S		4.750%		3/18/24		BB+		1,720,260
	780		Azerbaijan Government International Bond, Reg S		3.500%		9/01/32		BB+		655,267
	335		Azerbaijan State Oil Company, Reg S		4.750%		3/13/23		BB+		333,727
	210		Azerbaijan State Oil Company, Reg S		6.950%		3/18/30		BB+		227,588
	400		Southern Gas Corridor CJSC, 144A		6.875%		3/24/26		BB+		440,867
	545		Southern Gas Corridor CJSC, Reg S		6.875%		3/24/26		BB+		600,857
			Total Azerbaijan								3,978,566

			Brazil – 0.8%

	730	BRL	Brazil Nota do Tesouro Nacional		10.000%		1/01/21		Ba2		237,597
	256	BRL	Brazil Nota do Tesouro Nacional		6.000%		8/15/50		Ba2		269,561
	225		Centrais Eletricas Brasileiras S.A, Reg S		5.750%		10/27/21		BB–		230,063
	240		Federative Republic of Brazil		4.625%		1/13/28		BB–		235,200
	200		Gerdau Trade Inc., 144A		4.875%		10/24/27		BBB–		197,150
	50		Petrobras Global Finance BV		6.125%		1/17/22		Ba2		53,425
	110		Petrobras Global Finance BV		8.750%		5/23/26		Ba2		129,117


JDD		Nuveen Diversified Dividend and Income Fund (continued)
JDD		Portfolio of Investments March 31, 2018
		(Unaudited)


Principal Amount (000) (5)			Description (1)	Coupon		Maturity		Ratings (6)		Value

			Brazil (continued)

$	556		Petrobras Global Finance BV, 144A		5.999%		1/27/28		Ba2	$	550,440
			Total Brazil								1,902,553

			Bulgaria – 0.2%

	355	EUR	Republic of Bulgaria, Reg S		3.125%		3/26/35		Baa2		476,227

			Chile – 0.2%

	260		Corporacion Nacional del Cobre, 144A		3.625%		8/01/27		A+		252,535
	200		Empresa Nacional del Petroleo, 144A		4.500%		9/14/47		A		185,900
			Total Chile								438,435

			China – 0.6%

	230		Sinopec Group Overseas Development 2016 Limited, 144A		3.500%		5/03/26		A+		221,403
	925		Sinopec Group Overseas Development 2017 Limited, 144A		3.625%		4/12/27		A1		895,286
	430		State Grid Overseas Investment 2016 Ltd, 144A		3.500%		5/04/27		A+		414,339
			Total China								1,531,028

			Colombia – 0.6%

	502,790	COP	Colombian TES		3.300%		3/17/27		N/R		182,051
	260		EcoPetrol SA		5.875%		9/18/23		BBB		278,200
	420,000	COP	Republic of Colombia		7.750%		4/14/21		Baa2		159,299
	175,000	COP	Republic of Colombia		9.850%		6/28/27		Baa2		78,760
	625		Republic of Colombia		5.000%		6/15/45		Baa2		633,594
			Total Colombia								1,331,904

			Costa Rica – 0.3%

	645		Republic of Costa Rica, Reg S		7.000%		4/04/44		Ba2		665,640

			Cote d’Ivoire (Ivory Coast) – 1.1%

	100	EUR	Ivory Coast Government International Bond, 144A		5.250%		3/22/30		Ba3		122,998
	145	EUR	Ivory Coast Government International Bond, 144A		6.625%		3/22/48		Ba3		179,279
	335		Ivory Coast Republic, 144A		5.375%		7/23/24		Ba3		328,240
	390		Ivory Coast Republic, 144A		6.125%		6/15/33		Ba3		370,979
	365		Ivory Coast Republic, Reg S		5.375%		7/23/24		Ba3		357,667
	420		Ivory Coast Republic, Reg S		6.375%		3/03/28		Ba3		424,250
	685		Ivory Coast Republic, Reg S		5.750%		12/31/32		B+		656,477
	250		Ivory Coast Republic, Reg S		6.125%		6/15/33		Ba3		237,807
			Total Cote d’Ivoire (Ivory Coast)								2,677,697

			Croatia – 2.3%

	1,045		Croatia Government International Bond, Reg S		6.000%		1/26/24		BB+		1,153,450
	325	EUR	Croatia Government International Bond, Reg S		3.000%		3/20/27		BB+		421,997
	200	EUR	Croatia Government International Bond, Reg S		2.750%		1/27/30		BB+		247,392
	540		Republic of Croatia, Reg S		6.750%		11/05/19		BB+		572,127
	535		Republic of Croatia, Reg S		6.625%		7/14/20		BB+		573,880
	710		Republic of Croatia, Reg S		6.375%		3/24/21		BB+		767,301
	660		Republic of Croatia, Reg S		5.500%		4/04/23		BB+		707,910
	670	EUR	Republic of Croatia, Reg S		3.000%		3/11/25		BB+		884,041
			Total Croatia								5,328,098

			Cyprus – 0.1%

	300		Novolipetsk Steel via Steel Funding DAC, 144A		4.000%		9/21/24		BBB–		292,515

			Dominican Republic – 1.5%

	165		Dominican Republic, 144A		6.600%		1/28/24		BB–		179,299
	550		Dominican Republic, 144A		5.500%		1/27/25		BB–		565,928
	239		Dominican Republic, 144A		6.875%		1/29/26		BB–		265,125
	285		Dominican Republic, Reg S		6.600%		1/28/24		BB–		309,698
	1,140		Dominican Republic, Reg S		5.875%		4/18/24		BB–		1,197,524
	155		Dominican Republic, Reg S		6.875%		1/29/26		BB–		171,943


Principal Amount (000) (5)		Description (1)	Coupon		Maturity		Ratings (6)		Value

		Dominican Republic (continued)

$	545	Dominican Republic, Reg S		7.450%		4/30/44		BB–	$	615,850
	290	Dominican Republic, Reg S		6.850%		1/27/45		BB–		312,475
		Total Dominican Republic								3,617,842

		Ecuador – 0.6%

	255	Ecuador Government International Bond, 144A		7.875%		1/23/28		B		245,488
	225	Republic of Ecuador, 144A		10.750%		3/28/22		B		246,150
	786	Republic of Ecuador, 144A		9.650%		12/13/26		B		829,230
	200	Republic of Ecuador, Reg S		7.950%		6/20/24		B		198,500
		Total Ecuador								1,519,368

		Egypt – 0.8%

	640	Arab Republic of Egypt, 144A		7.500%		1/31/27		B		692,579
	200	Arab Republic of Egypt, Reg S		6.125%		1/31/22		B		206,948
	200	Arab Republic of Egypt, Reg S		8.500%		1/31/47		B		223,224
	270	Egypt Government International Bond, 144A		5.577%		2/21/23		B		273,834
	305	Egypt Government International Bond, 144A		6.588%		2/21/28		B		309,605
	250	Egypt Government International Bond, 144A		7.903%		2/21/48		B		262,858
		Total Egypt								1,969,048

		El Salvador – 0.4%

	60	Republic of El Salvador, 144A		6.375%		1/18/27		B3		59,100
	361	Republic of El Salvador, Reg S		7.750%		1/24/23		B3		392,992
	290	Republic of El Salvador, Reg S		6.375%		1/18/27		B3		285,650
	45	Republic of El Salvador, Reg S		8.250%		4/10/32		B3		50,440
	75	Republic of El Salvador, Reg S		7.625%		9/21/34		B3		79,500
		Total El Salvador								867,682

		Ethiopia – 0.1%

	200	Ethiopia International Bond, Reg S		6.625%		12/11/24		B1		205,584

		Ghana – 0.2%

	445	Republic of Ghana, 144A		10.750%		10/14/30		BB–		581,393

		Honduras – 0.2%

	360	Honduras Government, 144A		6.250%		1/19/27		BB–		380,509

		Hungary – 2.3%

	590	Hungarian Development Bank, Reg S		6.250%		10/21/20		Baa3		630,984
	2,360	Republic of Hungary, Government Bond		6.375%		3/29/21		BBB–		2,569,568
	1,824	Republic of Hungary, Government Bond		5.375%		2/21/23		BBB–		1,969,738
	196	Republic of Hungary, Government Bond		5.750%		11/22/23		BBB–		216,580
		Total Hungary								5,386,870

		Indonesia – 1.3%

	235	Majapahit Holdings BV, Reg S		8.000%		8/07/19		Baa2		249,265
	365	Majapahit Holdings BV, Reg S		7.875%		6/28/37		Baa2		470,850
	200	Republic of Indonesia, 144A		5.250%		1/08/47		Baa2		212,407
	530	Republic of Indonesia, Reg S		4.750%		1/08/26		Baa2		553,580
	200	Republic of Indonesia, Reg S		4.350%		1/08/27		Baa2		203,153
	614	Republic of Indonesia, Reg S		7.750%		1/17/38		Baa2		831,505
	200	Republic of Indonesia, Reg S		5.125%		1/15/45		Baa2		208,287
	350	Republic of Indonesia Treasury Bill, Reg S		5.250%		1/08/47		Baa2		371,713
		Total Indonesia								3,100,760

		Israel – 0.2%

	400	State of Israel		4.500%		1/30/43		A+		409,354


JDD		Nuveen Diversified Dividend and Income Fund (continued)
JDD		Portfolio of Investments March 31, 2018
		(Unaudited)


Principal Amount (000) (5)		Description (1)	Coupon		Maturity		Ratings (6)		Value

		Jamaica – 0.4%

$	660	Jamaica Government		6.750%		4/28/28		B	$	732,600
	200	Jamaica Government		7.875%		7/28/45		B		238,200
		Total Jamaica								970,800

		Jordan – 0.1%

	200	Kingdom of Jordan, 144A		7.375%		10/10/47		B+		202,000

		Kazakhstan – 0.6%

	330	Kazakhstan Development Bank, Reg S		6.500%		6/03/20		Baa3		346,517
	220	KazAgro National Management Holding JSC, 144A		4.625%		5/24/23		BBB–		218,796
	380	Kazmunaygas National, 144A		3.875%		4/19/22		Baa3		378,423
	395	Kazmunaygas National, 144A		5.750%		4/19/47		Baa3		388,148
		Total Kazakhstan								1,331,884

		Kenya – 0.3%

	200	Kenya Government International Bond, 144A		7.250%		2/28/28		B+		209,052
	200	Kenya Government International Bond, 144A		8.250%		2/28/48		B+		214,076
	200	Republic of Kenya, Reg S		6.875%		6/24/24		B+		208,750
		Total Kenya								631,878

		Kuwait – 0.1%

	200	State of Kuwait, Reg S		3.500%		3/20/27		AA		196,034

		Lebanon – 0.2%
	130	Lebanon Government International Bond, Reg S		5.800%		4/14/20		B–		129,025
	150	Republic of Lebanon		6.375%		3/09/20		B–		150,827
	160	Republic of Lebanon, Reg S		5.450%		11/28/19		B–		158,984
	130	Republic of Lebanon, Reg S		8.250%		4/12/21		B–		136,909
		Total Lebanon								575,745

		Lithuania – 0.2%

	405	Republic of Lithuania, Reg S		7.375%		2/11/20		A		438,267

		Mexico – 0.9%

	325	Petroleos Mexicanos		6.875%		8/04/26		BBB+		355,810
	145	Petroleos Mexicanos		6.500%		3/13/27		BBB+		154,860
	1,307	Petroleos Mexicanos		6.750%		9/21/47		BBB+		1,322,527
	311	Petroleos Mexicanos, 144A		6.350%		2/12/48		BBB+		300,504
	110	United Mexican States		4.750%		3/08/44		A3		106,975
		Total Mexico								2,240,676

		Mongolia – 0.3%

	325	Mongolia Government International Bond, 144A		10.875%		4/06/21		B–		374,009
	400	Mongolia Government International Bond, 144A		5.625%		5/01/23		B–		394,650
		Total Mongolia								768,659

		Morocco – 0.8%

	305	Kingdom of Morocco, Reg S		5.500%		12/11/42		BBB–		324,136
	760	Office Cherifien Des Phosphates SA, Reg S		5.625%		4/25/24		BBB–		801,740
	495	Office Cherifien Des Phosphates SA, Reg S		4.500%		10/22/25		BBB–		487,626
	280	Office Cherifien Des Phosphates SA, Reg S		6.875%		4/25/44		BBB–		312,195
		Total Morocco								1,925,697

		Nigeria – 0.9%

	200	Nigeria Government International Bond, 144A		7.143%		2/23/30		B+		207,500
	200	Nigeria Government International Bond, 144A		7.696%		2/23/38		B+		210,492
	200	Nigerian Government International Bond, 144A		7.625%		11/28/47		B+		207,032
	445	Nigerian Government International Bond, Reg S		7.875%		2/16/32		B+		484,946
	465	Nigerian Republic Treasury Bond, 144A		6.500%		11/28/27		B+		471,073
	200	Nigerian Republic Treasury Bond, 144A		7.875%		2/16/32		B+		217,728


Principal Amount (000) (5)			Description (1)	Coupon		Maturity		Ratings (6)		Value

			Nigeria (continued)

$	425		Nigerian Republic Treasury Bond, Reg S		5.125%		7/12/18		B+	$	425,548
			Total Nigeria								2,224,319

			Oman – 1.3%

	260		Oman Government International Bond, 144A		3.625%		6/15/21		Baa3		253,413
	410		Oman Government International Bond, 144A		4.125%		1/17/23		Baa3		394,112
	435		Oman Government International Bond, 144A		5.375%		3/08/27		Baa3		424,170
	265		Oman Government International Bond, 144A		5.625%		1/17/28		Baa3		258,375
	400		Oman Government International Bond, 144A		6.500%		3/08/47		Baa3		378,000
	305		Oman Government International Bond, 144A		6.750%		1/17/48		Baa3		292,668
	700		Oman Government International Bond, Reg S		5.375%		3/08/27		Baa3		683,108
	200		Oman Government International Bond, Reg S		5.625%		1/17/28		Baa3		195,128
	225		Oman Government International Bond, Reg S		6.750%		1/17/48		Baa3		215,903
			Total Oman								3,094,877

			Pakistan – 0.1%

	275		Islamic Republic of Pakistan, 144A		7.250%		4/15/19		B		280,018

			Paraguay – 0.3%

	200		Republic of Paraguay, 144A		4.700%		3/27/27		Ba1		202,500
	200		Republic of Paraguay, Reg S		4.625%		1/25/23		Ba1		205,360
	315		Republic of Paraguay, Reg S		6.100%		8/11/44		Ba1		338,625
			Total Paraguay								746,485

			Peru – 0.1%

	220		Peru LNG Srl, 144A		5.375%		3/22/30		BBB–		221,210

			Qatar – 0.4%

	965		State of Qatar, Reg S		2.375%		6/02/21		AA–		933,506

			Romania – 0.7%

	306	EUR	Republic of Romania, 144A		2.875%		5/26/28		BBB–		394,117
	760	EUR	Republic of Romania, Reg S		3.875%		10/29/35		BBB–		1,005,681
	95	EUR	Romanian Government International Bond, 144A		2.500%		2/08/30		BBB–		115,889
	45	EUR	Romanian Government International Bond, 144A		3.375%		2/08/38		BBB–		55,377
			Total Romania								1,571,064

			Russian Federation – 2.5%

	195		Gaz Capital SA, Reg S		9.250%		4/23/19		BBB–		206,657
	235		Gazprom Neft OAO Via GPN Capital SA, Reg S		6.000%		11/27/23		BBB–		251,709
	235		Lukoil International Finance, 144A		4.750%		11/02/26		BBB+		238,098
	575		Rosneft International Finance, Reg S		4.199%		3/06/22		Baa3		567,859
	30,265	RUB	Russian Federal Bond – OFZ		8.500%		9/17/31		BBB–		593,281
	600		Russian Federation, 144A		4.250%		6/23/27		BBB–		597,217
	300		Russian Federation, Reg S		5.000%		4/29/20		BBB–		309,713
	800		Russian Federation, Reg S		4.875%		9/16/23		BBB–		842,000
	600		Russian Federation, Reg S		4.750%		5/27/26		BBB–		619,975
	400		Russian Federation, Reg S		4.250%		6/23/27		BBB–		398,000
	200		Russian Federation, Reg S		5.625%		4/04/42		BBB–		214,500
	600		Russian Federation, Reg S		5.250%		6/23/47		BBB–		599,280
	400		Russian Foreign Bond – Eurobond, 144A		4.375%		3/21/29		BBB–		395,054
	200		Russian Foreign Bond – Eurobond, 144A		5.250%		6/23/47		BBB–		199,760
			Total Russian Federation								6,033,103

			Saudi Arabia – 0.7%

	240		Saudi Government International Bond, 144A		2.375%		10/26/21		A1		231,120
	465		Saudi Government International Bond, 144A		2.875%		3/04/23		A1		447,425
	215		Saudi Government International Bond, 144A		4.625%		10/04/47		A1		205,056
	680		Saudi Government International Bond, Reg S		2.375%		10/26/21		A1		654,840
			Total Saudi Arabia								1,538,441


JDD		Nuveen Diversified Dividend and Income Fund (continued)
JDD		Portfolio of Investments March 31, 2018
		(Unaudited)


Principal Amount (000) (5)			Description (1)	Coupon		Maturity		Ratings (6)		Value

			Senegal – 0.6%

$	200		Republic of Senegal, 144A		6.250%		5/23/33		Ba3	$	197,000
	200		Republic of Senegal, Reg S		8.750%		5/13/21		Ba3		224,984
	565		Republic of Senegal, Reg S		6.250%		7/30/24		Ba3		588,610
	100	EUR	Senegal Government International Bond, 144A		4.750%		3/13/28		Ba3		123,012
	200		Senegal Government International Bond, 144A		6.750%		3/13/48		Ba3		195,880
			Total Senegal								1,329,486

			Serbia – 0.3%

	570		Serbia International Bond, Reg S		7.250%		9/28/21		BB		633,851

			South Africa – 1.0%

	270		Eskom Holdings Limited, Reg S		6.750%		8/06/23		B3		273,118
	665		Republic of South Africa		5.875%		9/16/25		Baa3		708,192
	320		Republic of South Africa		4.850%		9/27/27		Baa3		315,584
	435		Republic of South Africa		4.300%		10/12/28		Baa3		407,012
	4,800	ZAR	Republic of South Africa		6.250%		3/31/36		Baa3		315,531
	200		Republic of South Africa		5.000%		10/12/46		Baa3		181,976
	3,315	ZAR	Republic of South Africa Government Bond		8.000%		1/31/30		Baa3		272,448
			Total South Africa								2,473,861

			Sri Lanka – 1.5%

	720		Republic of Sri Lanka, 144A		6.000%		1/14/19		B+		732,595
	505		Republic of Sri Lanka, 144A		6.850%		11/03/25		B+		522,590
	335		Republic of Sri Lanka, 144A		6.200%		5/11/27		B+		329,528
	310		Republic of Sri Lanka, Reg S		6.250%		7/27/21		B+		321,405
	200		Republic of Sri Lanka, Reg S		5.875%		7/25/22		B+		202,946
	615		Republic of Sri Lanka, Reg S		6.850%		11/03/25		B+		636,421
	200		Republic of Sri Lanka, Reg S		6.825%		7/18/26		B+		205,609
	680		Republic of Sri Lanka, Reg S		6.200%		5/11/27		B+		668,893
			Total Sri Lanka								3,619,987

			Tajikistan – 0.1%

	200		Republic or Tajikistan, 144A		7.125%		9/14/27		B–		185,250

			Tunisia – 0.4%

	205	EUR	Banque de Tunisie, Reg S		5.625%		2/17/24		B+		257,737
	785		Banque de Tunisie, Reg S		5.750%		1/30/25		B+		746,731
			Total Tunisia								1,004,468

			Turkey – 1.3%

	1,215		Republic of Turkey, Government Bond		7.000%		6/05/20		BB+		1,287,329
	245		Republic of Turkey, Government Bond		5.625%		3/30/21		BB+		253,575
	615		Republic of Turkey, Government Bond		7.375%		2/05/25		BB+		681,542
	200		Republic of Turkey, Government Bond		6.000%		3/25/27		BB+		202,516
	680		Republic of Turkey, Government Bond		5.750%		5/11/47		BB+		604,180
			Total Turkey								3,029,142

			Ukraine – 0.8%

	117		Republic of Ukraine, 144A		7.750%		9/01/21		B–		122,485
	103		Republic of Ukraine, 144A		7.750%		9/01/22		B–		107,326
	103		Republic of Ukraine, 144A		7.750%		9/01/23		B–		106,514
	103		Republic of Ukraine, 144A		7.750%		9/01/25		B–		105,458
	200		Republic of Ukraine, 144A		7.750%		9/01/27		B–		204,447
	643		Republic of Ukraine, 144A		7.375%		9/25/32		B–		619,852
	105		Republic of Ukraine, Reg S		7.750%		9/01/23		B–		108,477
	230		Republic of Ukraine, Reg S		7.750%		9/01/25		B–		235,488
	215		Republic of Ukraine, Reg S		7.750%		9/01/26		B–		219,838
	100		Republic of Ukraine, Reg S		7.750%		9/01/27		B–		102,160
			Total Ukraine								1,932,045


Principal Amount (000) (5)		Description (1)	Coupon		Maturity		Ratings (6)		Value

		United Arab Emirates – 0.8%

$	360	Abu Dhabi National Energy Company, Reg S		4.375%		6/22/26		A	$	358,855
	915	Emirate of Abu Dhabi, 144A		2.500%		10/11/22		AA		881,282
	710	Emirate of Abu Dhabi, 144A		3.125%		10/11/27		AA		670,950
		Total United Arab Emirates								1,911,087

		Uruguay – 0.2%

	496	Republic of Uruguay		5.100%		6/18/50		BBB		508,371

		Venezuela – 0.7%

	595	Petrobras Global Finance BV		5.750%		2/01/29		Ba2		575,740
	1,877	Petroleos de Venezuela S.A, Reg S, (7)		6.000%		11/15/26		C		506,723
	360	Republic of Venezuela, Reg S, (7)		9.000%		5/07/23		C		106,812
	1,170	Republic of Venezuela, Reg S, (7)		9.250%		5/07/28		C		345,969
		Total Venezuela								1,535,244

		Zambia – 0.2%

	215	Republic of Zambia, Reg S		8.500%		4/14/24		B		224,640
	325	Republic of Zambia, Reg S		8.970%		7/30/27		B		342,624
		Total Zambia								567,264
		Total Emerging Market Debt and Foreign Corporate Bonds (cost $85,553,352)								86,464,089

Shares		Description (1)							Value

		REAL ESTATE INVESTMENT TRUST (REIT) COMMON STOCKS – 33.6% (22.7% of Total Investments)

		Diversified – 1.2%

	124,700	Colony Northstar, Inc.							$	700,814
	54,800	Liberty Property Trust								2,177,204
		Total Diversified								2,878,018

		Health Care – 3.6%

	124,325	Health Care Property Investors Inc.								2,888,070
	71,935	Senior Housing Properties Trust								1,126,502
	45,975	Ventas Inc.								2,277,142
	43,640	Welltower Inc.								2,375,325
		Total Health Care								8,667,039

		Hotels, Restaurant & Leisure – 1.9%

	115,267	Host Hotels & Resorts Inc.								2,148,577
	26,925	LaSalle Hotel Properties								781,094
	19,731	Park Hotels & Resorts, Inc.								533,132
	29,325	Pebblebrook Hotel Trust								1,007,314
		Total Hotels, Restaurant & Leisure								4,470,117

		Industrial – 2.3%

	23,600	Industrial Logistics Properties Trust.								480,024
	77,823	Prologis Inc.								4,902,071
		Total Industrial								5,382,095

		Office – 4.7%

	18,425	Alexandria Real Estate Equities Inc.								2,301,098
	17,800	Boston Properties, Inc.								2,193,316
	44,875	Brandywine Realty Trust								712,615
	39,200	Douglas Emmett Inc.								1,440,992
	45,050	Hudson Pacific Properties Inc.								1,465,476
	22,925	JBG Smith Properties								772,802
	8,625	SL Green Realty Corporation								835,159
	22,750	Vornado Realty Trust								1,531,075
		Total Office								11,252,533


JDD		Nuveen Diversified Dividend and Income Fund (continued)
JDD		Portfolio of Investments March 31, 2018
		(Unaudited)


Shares		Description (1)											Value

		Residential – 6.4%

	87,325	American Homes 4 Rents, Class A											$	1,753,486
	71,550	Apartment Investment & Management Company, Class A												2,915,662
	21,200	AvalonBay Communities, Inc.												3,486,552
	54,250	Equity Residential												3,342,885
	3,400	Essex Property Trust Inc.												818,312
	57,175	Invitation Homes, Inc.												1,305,305
	7,425	Sun Communities Inc.												678,422
	22,925	UDR Inc.												816,588
		Total Residential												15,117,212

		Retail – 6.3%

	100,100	Developers Diversified Realty Corporation												733,733
	7,650	Federal Realty Investment Trust												888,241
	67,500	GGP, Inc.												1,381,050
	37,400	Kimco Realty Corporation												538,560
	63,600	Kite Realty Group Trust												968,628
	36,716	Macerich Company												2,056,830
	25,575	Regency Centers Corporation												1,508,414
	29,835	Simon Property Group, Inc.												4,605,032
	11,750	Taubman Centers Inc.												668,692
	52,700	Weingarten Realty Trust												1,479,816
		Total Retail												14,828,996

		Specialized – 7.2%

	19,150	Coresite Realty Corporation												1,919,979
	88,425	CubeSmart												2,493,585
	18,875	Digital Realty Trust Inc.												1,989,048
	10,275	Equinix Inc.												4,296,389
	30,575	Life Storage, Inc.												2,553,624
	19,099	Public Storage, Inc.												3,827,249
		Total Specialized												17,079,874
		Total Real Estate Investment Trust (REIT) Common Stocks (cost $66,586,456)												79,675,884

Principal Amount (000)		Description (1)	Coupon (8)		Reference Rate (8)		Spread (8)		Maturity (9)		Ratings (6)		Value

		VARIABLE RATE SENIOR LOAN INTERESTS – 32.9% (22.2% of Total Investments) (8)

		Aerospace & Defense – 0.2%

$	491	Transdigm, Inc., Term Loan F		4.773%		1-Month LIBOR		2.750%		6/09/23		Ba2	$	493,239

		Airlines – 1.2%

	480	American Airlines, Inc., Replacement Term Loan		3.875%		1-Month LIBOR		2.000%		6/27/20		BB+		481,510
	1,980	American Airlines, Inc., Term Loan B		3.877%		1-Month LIBOR		2.000%		4/28/23		BB+		1,982,228
	475	Delta Air Lines, Inc., Term Loan B1		4.322%		1-Month LIBOR		2.500%		10/18/18		Baa2		477,971
	2,935	Total Airlines												2,941,709

		Automobiles – 0.2%

	576	Chrysler Group LLC, Term Loan		3.860%		1-Month LIBOR		2.000%		12/31/18		Baa2		578,343

		Biotechnology – 0.3%

	742	Grifols, Inc., Term Loan B		3.986%		1-Week LIBOR		2.250%		1/31/25		BB		745,964

		Building Products – 0.4%

	865	Quikrete Holdings, Inc., Term Loan B		4.627%		1-Month LIBOR		2.750%		11/15/23		BB–		869,369

		Capital Markets – 0.2%

	488	RPI Finance Trust, Term Loan B6		4.302%		3-Month LIBOR		2.000%		3/27/23		BBB–		490,824

		Chemicals – 0.9%

	655	Axalta Coating Systems, Term Loan, First Lien		4.302%		3-Month LIBOR		2.000%		6/01/24		BBB–		657,183


Principal Amount (000)		Description (1)	Coupon (8)		Reference Rate (8)		Spread (8)		Maturity (9)		Ratings (6)		Value

		Chemicals (continued)

$	497	H.B. Fuller Company, Term Loan B		4.072%		1-Month LIBOR		2.250%		10/20/24		BB+	$	500,517
	199	Mineral Technologies, Inc., Term Loan B2		4.750%		N/A		N/A		5/07/21		BB+		202,112
	668	Univar, Inc., Term Loan B		4.377%		1-Month LIBOR		2.500%		7/01/24		BB		673,220
	2,019	Total Chemicals												2,033,032

		Commercial Services & Supplies – 0.4%

	730	ADS Waste Holdings, Inc., Term Loan B		3.981%		1-Week LIBOR		2.250%		11/10/23		BB+		732,993
	231	West Corporation, Term Loan B , (DD1)		5.877%		1-Month LIBOR		4.000%		10/10/24		BB+		233,864
	961	Total Commercial Services & Supplies												966,857

		Communications Equipment – 0.1%

	192	CommScope, Inc., Term Loan B		3.877%		1-Month LIBOR		2.000%		12/29/22		Baa3		193,372

		Containers & Packaging – 0.7%

	372	Berry Global, Inc., Term Loan Q		3.823%		1-Month LIBOR		2.000%		10/01/22		BBB–		374,166
	1,258	Reynolds Group Holdings, Inc., Term Loan, First Lien		4.627%		1-Month LIBOR		2.750%		2/05/23		B+		1,265,195
	1,630	Total Containers & Packaging												1,639,361

		Diversified Financial Services – 0.3%

	339	Travelport LLC, Term Loan B		4.401%		2-Month LIBOR		2.500%		3/09/25		B+		340,002
	410	Veritas US, Inc., Term Loan B1		6.802%		3-Month LIBOR		4.500%		1/27/23		B+		409,426
	749	Total Diversified Financial Services												749,428

		Diversified Telecommunication Services – 2.0%

	1,221	CenturyLink, Inc., Term Loan B		4.627%		1-Month LIBOR		2.750%		1/31/25		BBB–		1,203,492
	770	Frontier Communications Corporation, Term Loan B		5.630%		1-Month LIBOR		3.750%		6/15/24		BB		761,358
	494	Greeneden U.S. Holdings II LLC, Term Loan B		5.802%		3-Month LIBOR		3.500%		12/01/23		B		497,209
	511	Intelsat Jackson Holdings, S.A., Term Loan B		5.706%		3-Month LIBOR		3.750%		11/30/23		B1		512,073
	78	Intelsat Jackson Holdings, S.A., Term Loan B4		6.456%		3-Month LIBOR		4.500%		1/02/24		B1		80,724
	125	Intelsat Jackson Holdings, S.A., Term Loan B5		6.625%		N/A		N/A		1/02/24		B1		127,138
	227	Level 3 Financing, Inc., Tranche B, Term Loan		4.111%		1-Month LIBOR		2.250%		2/22/24		BBB–		227,449
	262	WideOpenWest Finance LLC, Term Loan B		5.104%		1-Month LIBOR		3.250%		8/18/23		B		257,210
	1,000	Ziggo B.V., Term Loan E		4.277%		1-Month LIBOR		2.500%		4/15/25		BB		994,115
	4,688	Total Diversified Telecommunication Services												4,660,768

		Electric Utilities – 0.4%

	804	Vistra Operations Co., Term Loan B		4.377%		1-Month LIBOR		2.500%		8/04/23		BB+		810,359
	143	Vistra Operations Co., Term Loan C		4.377%		1-Month LIBOR		2.500%		8/04/23		BB+		143,968
	947	Total Electric Utilities												954,327

		Electrical Equipment – 0.3%

	606	Zebra Technologies Corporation, Term Loan B		3.753%		3-Month LIBOR		2.000%		10/27/21		BB		609,756

		Energy Equipment & Services – 0.0%

	15	Ocean Rig UDW, Inc., Term Loan		8.000%		N/A		N/A		9/20/24		B		15,658

		Equity Real Estate Investment Trusts – 0.9%

	563	Communications Sales & Leasing, Inc., Shortfall Term Loan		4.877%		1-Month LIBOR		3.000%		10/24/22		BB+		544,705
	962	SBA Communication, Incremental Tranche B1, Term Loan		3.990%		1-Week LIBOR		2.250%		3/24/21		BB		966,273
	664	Walter Investment Management Corp., Tranche Term Loan B, (7)		7.877%		1-Month LIBOR		6.000%		6/30/22		Caa2		647,439
	2,189	Total Equity Real Estate Investment Trusts												2,158,417

		Food & Staples Retailing – 0.7%

	1,622	Albertson’s LLC, Term Loan B4		4.627%		1-Month LIBOR		2.750%		8/25/21		Ba2		1,604,323


JDD		Nuveen Diversified Dividend and Income Fund (continued)
JDD		Portfolio of Investments March 31, 2018
		(Unaudited)


Principal Amount (000)		Description (1)	Coupon (8)		Reference Rate (8)		Spread (8)		Maturity (9)		Ratings (6)		Value

		Food Products – 1.2%

$	573	Jacobs Douwe Egberts, Term Loan B		4.063%		3-Month LIBOR		2.250%		7/04/22		BB	$	575,791
	2,299	US Foods, Inc., Term Loan B		4.377%		1-Month LIBOR		2.500%		6/27/23		BBB–		2,317,008
	2,872	Total Food Products												2,892,799

		Health Care Equipment & Supplies – 0.4%

	400	ConvaTec, Inc., Term Loan B		4.552%		3-Month LIBOR		2.250%		10/25/23		BB		400,990
	441	Acelity, Term Loan B		5.552%		3-Month LIBOR		3.250%		2/02/24		B1		443,304
	841	Total Health Care Equipment & Supplies												844,294

		Health Care Providers & Services – 2.0%

	955	Acadia Healthcare, Inc., Term Loan B3		4.377%		1-Month LIBOR		2.500%		2/11/22		Ba2		963,750
	249	Air Medical Group Holdings, Inc., Term Loan B		6.015%		1-Month LIBOR		4.250%		3/14/25		B1		251,830
	261	Community Health Systems, Inc., Term Loan G		4.734%		3-Month LIBOR		3.000%		12/31/19		B2		254,816
	304	Community Health Systems, Inc., Term Loan H		4.984%		3-Month LIBOR		3.250%		1/27/21		B2		292,659
	800	DaVita HealthCare Partners, Inc., Tranche B, Term Loan		4.627%		1-Month LIBOR		2.750%		6/24/21		BBB–		808,513
	479	Envision Healthcare Corporation, Term Loan B, First Lien		4.880%		1-Month LIBOR		3.000%		12/01/23		BB–		481,599
	47	HCA, Inc., Term Loan B11		3.627%		1-Month LIBOR		1.750%		3/17/23		BBB–		47,077
	1,239	HCA, Inc., Term Loan B10		3.877%		1-Month LIBOR		2.000%		3/13/25		BBB–		1,249,955
	328	Millennium Laboratories, Inc., Term Loan B, First Lien		8.377%		1-Month LIBOR		6.500%		12/21/20		CCC+		95,238
	250	PharMerica, Term Loan, First Lien		5.211%		1-Month LIBOR		3.500%		12/06/24		B1		251,302
	4,912	Total Health Care Providers & Services												4,696,739

		Health Care Technology – 0.4%

	990	Emdeon, Inc., Term Loan		4.627%		1-Month LIBOR		2.750%		3/01/24		Ba3		993,529

		Hotels, Restaurants & Leisure – 3.2%

	499	Aramark Corporation, Term Loan B1		3.877%		1-Month LIBOR		2.000%		3/11/25		BBB–		502,802
	1,765	Burger King Corporation, Term Loan B3		4.294%		1-Month LIBOR		2.250%		2/16/24		Ba3		1,768,341
	564	Caesars Entertainment Operating Company, Inc., Term Loan B		4.377%		1-Month LIBOR		2.500%		10/07/24		BB		567,678
	748	Caesars Resort Collection, Term Loan, First Lien		4.627%		1-Month LIBOR		2.750%		12/23/24		BB		753,945
	1,071	Hilton Hotels Corporation, Term Loan B2		3.872%		1-Month LIBOR		2.000%		10/25/23		BBB–		1,078,096
	735	MGM Growth Properties, Term Loan B		3.877%		1-Month LIBOR		2.000%		4/25/25		BB+		737,870
	1,781	Seaworld Parks and Entertainment, Inc., Term Loan B5		5.302%		3-Month LIBOR		3.000%		4/01/24		B		1,776,725
	493	YUM Brands, Term Loan B		3.644%		1-Month LIBOR		2.000%		3/28/25		BBB–		492,525
	7,656	Total Hotels, Restaurants & Leisure												7,677,982

		Household Products – 0.6%

	709	Revlon Consumer Products Corporation, Term Loan B, First Lien		5.377%		1-Month LIBOR		3.500%		11/16/20		B3		560,922
	631	Serta Simmons Holdings LLC, Term Loan, First Lien		5.216%		3-Month LIBOR		3.500%		11/08/23		B2		572,705
	342	Spectrum Brands, Inc., Refinanced Term Loan		3.856%		2-Month LIBOR		2.000%		6/23/22		BBB–		343,062
	1,682	Total Household Products												1,476,689

		Independent Power & Renewable Electricity Producers – 0.1%

	135	Dynegy, Inc., Tranche Term Loan C2		4.604%		1-Month LIBOR		2.750%		2/07/24		Ba1		135,822

		Industrial Conglomerates – 0.2%

	448	Brand Energy & Infrastructure Services, Inc., Term Loan B, First Lien		6.001%		3-Month LIBOR		4.250%		6/16/24		B		452,278

		Internet and Direct Marketing Retail – 0.2%

	500	Uber Technologies, Inc., Term Loan, (WI/DD)		TBD		TBD		TBD		TBD		N/R		502,890

		Internet Software & Services – 0.2%

	491	Ancestry.com, Inc., Term Loan, First Lien		5.130%		1-Month LIBOR		3.250%		10/19/23		B		494,566


Principal Amount (000)		Description (1)	Coupon (8)		Reference Rate (8)		Spread (8)		Maturity (9)		Ratings (6)		Value

		IT Services – 2.3%

$	620	Computer Sciences Government Services, Term Loan B		5.750%		N/A		N/A		11/30/23		BB+	$	620,912
	916	First Data Corporation, Term Loan, First Lien		4.122%		1-Month LIBOR		2.250%		7/10/22		BB+		918,574
	412	First Data Corporation, Term Loan, First Lien		4.122%		1-Month LIBOR		2.250%		4/26/24		BB+		413,534
	376	Gartner, Inc., Term Loan A		3.877%		1-Month LIBOR		2.000%		3/21/22		Ba1		379,641
	248	Gartner, Inc., Term Loan B		3.877%		1-Month LIBOR		2.000%		4/05/24		BB+		249,434
	988	Leidos Holdings, Inc., Term Loan B		3.688%		1-Month LIBOR		1.750%		8/16/23		BBB–		994,783
	496	Tempo Acquisition LLC, Term Loan B		4.877%		1-Month LIBOR		3.000%		5/01/24		B1		499,275
	472	Vantiv, Inc., Term Loan B		3.777%		1-Month LIBOR		2.000%		10/14/23		BBB–		475,099
	500	Vantiv, Inc., Term Loan B		3.777%		1-Month LIBOR		2.000%		8/09/24		BBB–		503,215
	491	WEX, Inc., Term Loan B		4.127%		1-Month LIBOR		2.250%		7/01/23		BB–		495,207
	5,519	Total IT Services												5,549,674

		Leisure Products – 0.5%

	1,026	24 Hour Fitness Worldwide, Inc., Term Loan B		6.052%		3-Month LIBOR		3.750%		5/28/21		Ba3		1,036,243
	91	Academy, Ltd., Term Loan B		5.776%		1-Month LIBOR		4.000%		7/01/22		B3		72,977
	1,117	Total Leisure Products												1,109,220

		Life Sciences Tools & Services – 0.2%

	371	Inventiv Health, Inc., Term Loan B		4.127%		1-Month LIBOR		2.250%		8/01/24		BB–		373,240

		Machinery – 0.2%

	288	Gates Global LLC, Term Loan B		5.052%		3-Month LIBOR		2.750%		4/01/24		B+		289,673
	205	Rexnord LLC/ RBS Global, Inc., Term Loan, First Lien		4.111%		1-Month LIBOR		2.250%		8/21/24		BB+		206,564
	493	Total Machinery												496,237

		Media – 3.4%

	986	Cequel Communications LLC, Term Loan B		4.127%		1-Month LIBOR		2.250%		7/28/25		BB		986,123
	955	Charter Communications Operating Holdings LLC, Term Loan B		3.880%		1-Month LIBOR		2.000%		4/30/25		BBB–		959,729
	250	Cineworld Group PLC, Term Loan B		4.377%		1-Month LIBOR		2.500%		2/28/25		BB–		249,966
	92	Clear Channel Communications, Inc.,Term Loan E, (7)		0.000%		N/A		N/A		7/30/19		Caa2		73,005
	748	Clear Channel Communications, Inc., Tranche D, Term Loan, (7)		0.000%		N/A		N/A		1/30/19		Caa2		592,991
	1,079	Cumulus Media, Inc., Term Loan B, (7)		4.900%		1-Month LIBOR		3.250%		12/23/20		N/R		912,080
	295	Gray Television, Inc., Term Loan B2		3.920%		1-Month LIBOR		2.250%		2/07/24		BB		296,174
	212	Lions Gate Entertainment Corp., Term Loan B		4.104%		1-Month LIBOR		2.250%		3/20/25		Ba2		212,907
	667	Meredith, Term Loan B		4.877%		1-Month LIBOR		3.000%		1/31/25		BB		671,500
	84	Nexstar Broadcasting Group, Term Loan		4.164%		1-Month LIBOR		2.500%		1/17/24		BB+		84,090
	650	Nexstar Broadcasting Group, Term Loan B		4.164%		1-Month LIBOR		2.500%		1/17/24		BB+		652,992
	486	Springer Science & Business Media, Inc., Term Loan B13, First Lien		5.377%		1-Month LIBOR		3.500%		8/15/22		B		488,098
	1,484	Univision Communications, Inc., Term Loan C5		4.627%		1-Month LIBOR		2.750%		3/15/24		BB–		1,462,457
	113	Yell Group PLC, Term Loan A2, First Lien		8.000%		3-Month LIBOR		7.000%		9/07/21		N/R		113,711
	114	Yell Group PLC, Term Loan B2, First Lien		8.500%		N/A		N/A		9/07/65		N/R		335,135
	8,215	Total Media												8,090,958

		Multiline Retail – 0.4%

	740	Dollar Tree, Inc., Term Loan B2		4.250%		N/A		N/A		7/06/22		Baa2		744,166
	250	EG America LLC, Term Loan, First Lien, (WI/DD)		TBD		TBD		TBD		TBD		B2		249,750
	990	Total Multiline Retail												993,916

		Oil, Gas & Consumable Fuels – 0.4%

	7	Fieldwood Energy LLC, DIP Term Loan, (10)		1.000%		N/A		N/A		8/15/18		N/R		7,073
	208	Fieldwood Energy LLC, Term Loan, First Lien, (7)		8.877%		1-Month LIBOR		7.000%		8/31/20		N/R		207,523
	122	Fieldwood Energy LLC, Term Loan, Second Lien, (7)		0.000%		N/A		N/A		9/30/20		N/R		25,623


JDD		Nuveen Diversified Dividend and Income Fund (continued)
JDD		Portfolio of Investments March 31, 2018
		(Unaudited)


Principal Amount (000)		Description (1)	Coupon (8)		Reference Rate (8)		Spread (8)		Maturity (9)		Ratings (6)		Value

		Oil, Gas & Consumable Fuels (continued)

$	294	Fieldwood Energy LLC, Term Loan, Second Lien (cash 7.002%, PIK 2.000%), (7)		9.002%		1-Month LIBOR		7.125%		9/30/20		N/R	$	282,505
	162	Harvey Gulf International Marine, Inc., Term Loan, (WI/DD)		TBD		TBD		TBD		TBD		D		71,758
	22	Harvey Gulf International Marine, Inc., Term Loan A, (WI/DD)		TBD		TBD		TBD		TBD		D		9,779
	209	Harvey Gulf International Marine, Inc., Term Loan B, (DD1), (7)		0.000%		N/A		N/A		6/18/20		D		90,571
	404	Seadrill Partners LLC, Initial Term Loan, (DD1)		8.302%		3-Month LIBOR		6.000%		2/21/21		CCC+		340,714
	9	Southcross Holdings Borrower L.P., Term Loan B, First Lien (cash 3.500%, PIK 5.500%)		3.500%		N/A		N/A		4/13/23		CCC+		8,902
	1,437	Total Oil, Gas & Consumable Fuels												1,044,448

		Pharmaceuticals – 0.0%

	37	Valeant Pharmaceuticals International, Inc., Term Loan B		5.240%		1-Month LIBOR		3.500%		4/01/22		BB–		37,159

		Professional Services – 0.7%

	1,037	Formula One Group, Term Loan B		4.377%		1-Month LIBOR		2.500%		2/01/24		B+		1,036,384
	247	Nielsen Finance LLC, Term Loan B4		3.718%		1-Month LIBOR		2.000%		10/04/23		BBB–		247,900
	500	On Assignment, Inc., Term Loan B, (WI/DD)		TBD		TBD		TBD		TBD		BB		502,502
	1,784	Total Professional Services												1,786,786

		Real Estate Management & Development – 0.2%

	443	Capital Automotive LP, Term Loan, First Lien		4.380%		1-Month LIBOR		2.500%		3/25/24		B1		444,566

		Semiconductors & Semiconductor Equipment – 0.8%

	868	Cavium, Inc., Term Loan B		4.127%		1-Month LIBOR		2.250%		8/16/22		BB		870,253
	582	MaxLinear, Inc., Term Loan B		4.277%		1-Month LIBOR		2.500%		5/13/24		BB–		583,809
	347	Microsemi Corporation, Term Loan B		3.742%		2-Month LIBOR		2.000%		1/15/23		BB		347,697
	1,797	Total Semiconductors & Semiconductor Equipment												1,801,759

		Software – 2.6%

	472	BMC Software, Inc., Term Loan, First Lien		5.127%		1-Month LIBOR		3.250%		9/10/22		B+		474,585
	723	Ellucian, Term Loan B, First Lien		5.552%		3-Month LIBOR		3.250%		9/30/22		B		725,657
	609	Infor (US), Inc., Term Loan B		4.627%		1-Month LIBOR		2.750%		2/01/22		BB		610,750
	495	Kronos Incorporated, Term Loan B		4.880%		2-Month LIBOR		3.000%		11/20/23		B		498,749
	290	McAfee LLC, Term Loan		6.377%		1-Month LIBOR		4.500%		9/30/24		B1		293,284
	129	Micro Focus International PLC, New Term Loan		4.627%		1-Month LIBOR		2.750%		6/21/24		BB–		127,830
	871	Micro Focus International PLC, Term Loan B		4.627%		1-Month LIBOR		2.750%		6/21/24		BB–		863,265
	1,149	SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Term Loan B3, (WI/DD)		TBD		TBD		TBD		TBD		BB		1,156,037
	410	SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Term Loan B4, (WI/DD)		TBD		TBD		TBD		TBD		BB		412,396
	916	Tibco Software, Inc., Term Loan, First Lien		5.380%		1-Month LIBOR		3.500%		12/04/20		B1		920,001
	6,064	Total Software												6,082,554

		Specialty Retail – 0.6%

	997	Belron Finance US LLC, Initial Term Loan B		4.293%		3-Month LIBOR		2.500%		11/07/24		BB		1,004,148
	462	Petco Animal Supplies, Inc., Term Loan B1		4.772%		3-Month LIBOR		3.000%		1/26/23		B2		340,738
	147	Petsmart Inc., Term Loan B, First Lien		4.680%		1-Month LIBOR		3.000%		3/11/22		B1		118,624
	1,606	Total Specialty Retail												1,463,510

		Technology Hardware, Storage & Peripherals – 1.1%

	742	Dell International LLC, Refinancing Term Loan B		3.880%		1-Month LIBOR		2.000%		9/07/23		BBB–		743,214
	674	Dell International LLC, Replacement Term Loan A3		3.380%		1-Month LIBOR		1.500%		12/31/18		BBB–		674,062
	1,066	Western Digital U.S., Term Loan B3		3.877%		1-Month LIBOR		2.000%		4/29/23		Baa2		1,073,116
	2,482	Total Technology Hardware, Storage & Peripherals												2,490,392

		Textiles, Apparel & Luxury Goods – 0.4%

	997	Hanesbrands, Term Loan B		3.627%		1-Month LIBOR		1.750%		12/16/24		BBB–		1,003,525


Principal Amount (000)		Description (1)	Coupon (8)		Reference Rate (8)		Spread (8)		Maturity (9)		Ratings (6)		Value

		Trading Companies & Distributors – 0.2%

$	574	HD Supply Waterworks, Ltd., Term Loan B		5.116%		3-Month LIBOR		3.000%		8/01/24		B+	$	577,506

		Transportation Infrastructure – 0.4%

	879	Avolon, Repriced Term Loan B2		4.072%		1-Month LIBOR		2.250%		3/21/22		BBB–		880,775

		Wireless Telecommunication Services – 0.8%

	990	Sprint Corporation, Term Loan, First Lien		4.438%		1-Month LIBOR		2.500%		2/02/24		Ba2		991,341
	920	UPC Financing Partnership, Term Loan AR1, First Lien		4.277%		1-Month LIBOR		2.500%		1/15/26		BB		924,005
	1,910	Total Wireless Telecommunication Services												1,915,346
$	78,957	Total Variable Rate Senior Loan Interests (cost $78,440,046)												78,013,906

Shares		Description (1)	Coupon		Issue Price		Cap Price		Maturity				Value

		STRUCTURED NOTES – 1.3% (0.9% of Total Investments)

	12,000	JPMorgan Chase & Co., Mandatory Exchangeable Note, Linked to Class A Common Stock of Qorvo, Inc (Cap of 114.56% of Issue Price), 144A		10.000%		$66.2300	$	75.8731		7/24/18			$	809,640
	18,890	JPMorgan Chase & Co., Mandatory Exchangeable Note, Linked to Common Stock of Delta Air Lines, Inc. (Cap of 115.38% of Issue Price), 144A		8.000%		$55.5165	$	64.0549		7/24/18				1,038,950
	78,700	JPMorgan Chase & Co., Mandatory Exchangeable Note, Linked to Common Stock of First Data Corp (Cap of 110.12% of Issue Price), 144A		8.000%		$16.6770	$	18.3647		6/19/18				1,250,543
		Total Structured Notes (cost $3,154,234)												3,099,133

Principal Amount (000)		Description (1)	Coupon						Maturity		Ratings (6)		Value

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

		Food Products – 0.3%

$	630	Land O’ Lakes Incorporated, 144A		8.000%						N/A (11)		BB	$	706,387
$	630	Total $1,000 Par (or similar) Institutional Preferred (cost $630,000)												706,387

Shares		Description (1)	Coupon								Ratings (6)		Value

		$25 PAR (OR SIMILAR) RETAIL PREFERRED – 0.3% (0.2% of Total Investments)

		Consumer Finance – 0.3%

	27,000	GMAC Capital Trust I		5.785%								B+	$	701,460
		Total $25 Par (or similar) Retail Preferred (cost $671,550)												701,460

Principal Amount (000)		Description (1)	Coupon						Maturity		Ratings (6)		Value

		CORPORATE BONDS – 0.1% (0.0% of Total Investments)

		Media – 0.1%

$	132	iHeartCommunications, Inc., (7)		9.000%						12/15/19		Caa2	$	104,115
$	132	Total Corporate Bonds (cost $123,709)												104,115


JDD		Nuveen Diversified Dividend and Income Fund (continued)
JDD		Portfolio of Investments March 31, 2018
		(Unaudited)

Shares

Description (1)

Value

COMMON STOCK RIGHTS – 0.0% (0.0% of Total Investments)

Banks – 0.0%

103

Freeport Energy Inc., (3)

2,403

103

Freeport Energy Inc.

2,403

Total Banks

4,806

Total Common Stock Rights (cost $4,806)

4,806

Total Long-Term Investments (cost $313,026,884)

339,428,866

Principal
Amount (000)/
Shares

Description (1)

Coupon

Maturity

Value

SHORT-TERM INVESTMENTS – 5.1% (3.4% of Total Investments)

REPURCHASE AGREEMENTS – 3.2% (2.1% of Total Investments)

7,547

Repurchase Agreement with Fixed Income Clearing Corporation,
dated 3/29/18, repurchase price $7,547,288,
collateralized by $7,860,000 U.S. Treasury Notes,
2.250%, due 11/15/24, value $7,706,321

0.740%

4/02/18

7,546,667

INVESTMENT COMPANIES – 1.9% (1.3% of Total Investments)

4,580,813

BlackRock Liquidity Funds T-Fund Portfolio, (12)

1.553% (13)

N/A

4,580,813

Total Short-Term Investments (cost $12,127,480)

12,127,480

Total Investments (cost $325,105,042) – 148.4%

351,556,346

Borrowings – (47.7)% (14), (15)

(112,900,000

)

Other Assets Less Liabilities – (0.7)% (16)

(1,772,009

)

Net Assets Applicable to Common Shares – 100%

236,884,337

Investments in Derivatives

Forward Foreign Currency Contracts


Currency Purchased	Notional Amount (Local Currency)		Currency Sold		Notional Amount (Local Currency)		Counterparty		Settlement Date		Unrealized Appreciation (Depreciation)
Chinese Yuan	$	4,524,000		U.S. Dollar	$	712,677		Bank of America, N.A.		6/20/18	$	6,059
U.S. Dollar		536,880		South African Rand		6,401,000		Barclays Bank PLC		6/20/18		1,780
Euro		45,000		U.S. Dollar		55,661		BNP Paribas		6/20/18		24
Polish Zloty		775,000		U.S. Dollar		228,536		Citibank, National Association		6/20/18		(1,812	)
Turkish Lira		5,000		U.S. Dollar		1,260		Citibank, National Association		6/20/18		(21	)
U.S. Dollar		4,524,724		Euro		3,648,000		Deutsche Bank AG		6/20/18		10,529
U.S. Dollar		303,061		Euro		245,000		Goldman Sachs		6/20/18		(113	)
U.S. Dollar		234,675		Chinese Yuan		1,493,000		Goldman Sachs		6/20/18		(2,521	)
U.S. Dollar		476,299		Chinese Yuan		3,031,000		Goldman Sachs		6/20/18		(5,241	)
Euro		112,000		U.S. Dollar		139,223		HSBC Bank, USA		6/20/18		(629	)
Chilean Peso		140,800,000		U.S. Dollar		232,820		JPMorgan Chase Bank N.A.		6/20/18		282
Egyptian Pound		8,420,000		U.S. Dollar		452,445		JPMorgan Chase Bank N.A.		4/26/18		22,063
Egyptian Pound		8,420,000		U.S. Dollar		438,999		JPMorgan Chase Bank N.A.		1/08/19		9,851
Indonesian Rupiah		6,222,000,000		U.S. Dollar		450,152		JPMorgan Chase Bank N.A.		6/20/18		455
Peruvian Sol		1,492,000		U.S. Dollar		456,479		JPMorgan Chase Bank N.A.		6/20/18		4,880
Philippine Piso		23,620,000		U.S. Dollar		450,068		JPMorgan Chase Bank N.A.		6/20/18		(1,189	)
U.S. Dollar		469,604		Egyptian Pound		8,420,000		JPMorgan Chase Bank N.A.		4/26/18		(4,904	)
U.S. Dollar		286,073		Brazilian Real		933,000		JPMorgan Chase Bank N.A.		6/04/18		4,880
U.S. Dollar		193,471		Colombian Peso		555,117,000		JPMorgan Chase Bank N.A.		6/20/18		(4,686	)
U.S. Dollar		138,477		Russian Ruble		7,951,000		JPMorgan Chase Bank N.A.		6/20/18		971
U.S. Dollar		236,797		Russian Ruble		13,810,000		JPMorgan Chase Bank N.A.		6/20/18		(2,036	)
Total											$	38,622

Futures Contracts


Description	Contract Position		Number of Contracts			Expiration Date		Notional Amount			Value			Unrealized Appreciation (Depreciation)			Variation Margin Receivable/ (Payable)
Eurex Euro-Bobl		Short		(6	)		6/18	$	(962,870	)	$	(968,979	)	$	(6,109	)	$	(443	)
Eurex Euro-Bund		Short		(11	)		6/18		(2,128,986	)		(2,157,876	)		(28,890	)		(1,624	)
Eurex Euro-Buxl		Short		(5	)		6/18		(992,524	)		(1,017,459	)		(24,935	)		1,846
Total								$	(4,084,380	)	$	(4,144,314	)	$	(59,934	)	$	(221	)

Interest Rate Swaps – OTC Uncleared

Counterparty

Notional
Amount

Fund
Pay/Receive
Floating Rate

Floating Rate Index

Fixed Rate

(Annualized)

Fixed Rate
Payment
Frequency

Effective
Date (17)

Optional
Termination
Date

Maturity
Date

Value

Unrealized
Appreciation
(Depreciation)

JPMorgan Chase Bank N.A.

56,200,000

Receive

1-Month LIBOR

1.969

Monthly

6/01/18

7/01/25

7/1/27

2,059,896

Fair Value Measurements

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


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

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


	Level 1			Level 2		Level 3		Total
Long-Term Investments:
Common Stocks	$	51,139,473		$	39,519,613	$	—	$	90,659,086
Emerging Market Debt and Foreign Corporate Bonds		—			86,464,089		—		86,464,089
Real Estate Investment Trust (REIT) Common Stocks		79,675,884			—		—		79,675,884
Variable Rate Senior Loan Interests		—			78,013,906		—		78,013,906
Structured Notes		—			3,099,133		—		3,099,133
$1,000 Par (or similar) Institutional Preferred		—			706,387		—		706,387
$25 Par (or similar) Retail Preferred		701,460			—		—		701,460
Corporate Bonds		—			104,115		—		104,115
Common Stock Rights		4,806			—		—		4,806

Short-Term Investments:
Investment Companies		4,580,813			—		—		4,580,813
Repurchase Agreements		—			7,546,667				7,546,667

Investments in Derivatives
Forward Foreign Currency Contracts*		—			38,622		—		38,622
Futures Contracts*		(59,934	)		—		—		(59,934	)
Interest Rate Swaps*		—			2,059,896		—		2,059,896
Total	$	136,042,502		$	217,552,428	$	—	$	353,594,930

*	Represents net unrealized appreciation (depreciation).


JDD		Nuveen Diversified Dividend and Income Fund (continued)
JDD		Portfolio of Investments March 31, 2018
		(Unaudited)

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
	Transfers In		(Transfers Out)			Transfers In		(Transfers Out)			Transfers In		(Transfers Out)
Common Stocks	$	1,558,660	$	(2,321,829	)	$	2,321,829	$	(1,558,660	)	$	—	$	—

Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to recognition of premium amortization and timing differences in recognizing certain gains and losses on investment transactions. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.

The tables below present the cost and unrealized appreciation (depreciation) of the Fund’s investment portfolio, as determined on a federal income tax basis, as of March 31, 2018.

For purposes of this disclosure, derivative tax cost is generally the sum of any upfront fees or premiums exchanged and any amounts unrealized for income statement reporting but realized in income and/or capital gains for tax reporting. If a particular derivative category does not disclose any tax unrealized appreciation or depreciation, the change in value of those derivatives have generally been fully realized for tax purposes.


Tax cost of investments	$	327,740,547
Gross unrealized:
Appreciation		38,412,949
Depreciation		(14,597,150	)
Net unrealized appreciation (depreciation) of investments	$	23,815,799

Tax cost of forwards	$	38,622
Net unrealized appreciation (depreciation) of forwards		—

Tax cost of futures	$	(59,934	)
Net unrealized appreciation (depreciation) of futures		—

Tax cost of swaps	$	—
Net unrealized appreciation (depreciation) of swaps		2,059,896

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)	Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in derivatives.

(3)	Non-income producing; issuer has not declared a dividend within the past twelve months.

(4)	For fair value measurement disclosure purposes, investment classified as Level 2.

(5)	Principal Amount (000) denominated in U.S. Dollars, unless otherwise noted.

(6)

For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.

(7)

As of, or subsequent to, the end of the reporting period, this security is non-income producing. Non-income producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the Fund’s Adviser has concluded that the issue is not likely to meet its future interest payment obligations and has ceased accruing additional income on the Fund’s records.

(8)

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.

(9)

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.

(10)	Investment, or portion of investment, represents an outstanding unfunded senior loan commitment.

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

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

(13)	The rate shown is the annualized seven-day subsidized yield as of the end of the reporting period.

(14)	Borrowings as a percentage of Total Investments is 32.1%.

(15)	The Fund segregates 100% of its eligible investments (excluding any investments separately pledged as collateral for specific investments in derivatives) in the Portfolio of Investments as collateral for borrowings.

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

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

144A	Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

ADR	American Depositary Receipt.

DD1	Portion of investment purchased on a delayed delivery basis.

LIBOR

London Interbank Offered Rate

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.

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.

WI/DD

Purchased on a when-issued or delayed delivery basis.

BRL	Brazilian Real

COP	Colombian Peso

EUR

Euro

RUB	Russian Ruble

ZAR	South African Rand

Item 2. Controls and Procedures.

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


(Registrant)		Nuveen Diversified Dividend and Income Fund

By (Signature and Title)		/s/ Gifford R. Zimmerman
		Gifford R. Zimmerman
		Vice President and Secretary

Date: May 30, 2018

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By (Signature and Title)		/s/ Cedric H. Antosiewicz
		Cedric H. Antosiewicz
		Chief Administrative Officer (principal executive officer)

Date: May 30, 2018

By (Signature and Title)		/s/ Stephen D. Foy
		Stephen D. Foy
		Vice President and Controller (principal financial officer)

Date: May 30, 2018