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)

Kevin J. McCarthy—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: September 30, 2015

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		September 30, 2015 (Unaudited)


Shares		Description (1)	Value


		LONG-TERM INVESTMENTS – 141.4% (93.8% of Total Investments)

		COMMON STOCKS – 32.4% (21.5% of Total Investments)

		Air Freight & Logistics – 1.2%

	68,300	Deutsche Post AG, (5)	$	1,892,114
	9,500	United Parcel Service, Inc., Class B		937,555
		Total Air Freight & Logistics		2,829,669

		Airlines – 0.1%

	8,300	Copa Holdings SA		348,019

		Automobiles – 0.8%

	11,400	Daimler AG, Sponsored ADR, (5)		830,376
	79,400	Ford Motor Company		1,077,458
		Total Automobiles		1,907,834

		Banks – 2.9%

	315,000	Barclays PLC, (5)		1,165,748
	34,100	Citigroup Inc.		1,691,701
	95,900	ING Groep N.V., Sponsored ADR		1,355,067
	27,400	JPMorgan Chase & Co.		1,670,578
	25,200	Wells Fargo & Company, (3)		1,294,020
		Total Banks		7,177,114

		Biotechnology – 0.6%

	26,800	AbbVie Inc.		1,458,188

		Capital Markets – 1.7%

	86,500	Ares Capital Corporation		1,252,520
	44,900	Bank New York Mellon		1,757,835
	54,900	UBS Group AG, (5)		1,014,998
		Total Capital Markets		4,025,353

		Chemicals – 1.1%

	26,500	Agrium Inc.		2,371,750
	40,300	CVR Partners LP		376,805
		Total Chemicals		2,748,555

		Communications Equipment – 1.1%

	51,000	Cisco Systems, Inc.		1,338,750
	137,800	Ericsson, Sponsored ADR		1,347,684
		Total Communications Equipment		2,686,434

		Containers & Packaging – 0.3%

	15,000	Avery Dennison Corporation		848,550

		Diversified Financial Services – 0.9%

	245,480	Deutsche Boerse AG, ADR, (5)		2,103,764

		Diversified Telecommunication Services – 1.4%

	298,750	Bezeq Israeli Telecommunication Corporation Limited, (5)		571,748
	60,300	Nippon Telegraph and Telephone Corporation, ADR		2,129,193
	69,200	Telefonica Brasil SA		640,072
		Total Diversified Telecommunication Services		3,341,013


Nuveen Investments			1


JDD	Nuveen Diversified Dividend and Income Fund
	Portfolio of Investments (continued)	September 30, 2015 (Unaudited)


Shares		Description (1)	Value


		Electric Utilities – 0.4%

	249,800	EDP – Energias de Portugal, S.A., (5)	$	915,149

		Food & Staples Retailing – 0.9%

	21,600	CVS Health Corporation		2,083,968

		Food Products – 0.5%

	176,800	Orkla ASA, Sponsored ADR		1,290,640

		Hotels, Restaurants & Leisure – 0.8%

	9,000	Cedar Fair LP		473,490
	5,250	Hyatt Hotels Corporation, Class A, (2)		247,275
	17,450	Starwood Hotels & Resorts Worldwide, Inc.		1,160,076
		Total Hotels, Restaurants & Leisure		1,880,841

		Industrial Conglomerates – 0.7%

	34,700	General Electric Company		875,134
	35,000	Philips Electronics		821,100
		Total Industrial Conglomerates		1,696,234

		Insurance – 3.5%

	6,800	Allianz AG ORD Shares, (5)		1,068,231
	15,200	American International Group, Inc.		863,664
	243,500	CGNU PLC, (5)		1,665,433
	106,400	Swiss Re AG, Sponsored ADR, (5)		2,287,600
	82,400	Unum Group		2,643,390
		Total Insurance		8,528,318

		Media – 2.6%

	55,500	Interpublic Group of Companies, Inc., (3)		1,061,715
	2,099	Metro-Goldwyn-Mayer, (2), (5)		160,574
	47,925	National CineMedia, Inc.		643,154
	70,300	ProSiebenSat.1 Media AG, ADR, (5)		856,957
	142,100	RTL Group SA, ADR, (5)		1,223,737
	21,100	Time Warner Inc.		1,450,625
	3,958	Tribune Media Company		140,905
	3,185	Tribune Media Company, (4)		—
	989	Tribune Publishing Company		7,754
	19,900	Viacom Inc., Class B		858,685
		Total Media		6,404,106

		Multiline Retail – 0.4%

	11,500	Target Corporation		904,590

		Oil, Gas & Consumable Fuels – 1.1%

	8,400	Phillips 66		645,456
	17,500	Royal Dutch Shell PLC, Class A, Sponsored ADR		829,325
	24,700	Suncor Energy, Inc.		659,984
	14,700	Total SA, Sponsored ADR		657,237
		Total Oil, Gas & Consumable Fuels		2,792,002

		Pharmaceuticals – 5.5%

	53,700	AstraZeneca PLC, Sponsored ADR		1,708,732
	61,450	GlaxoSmithKline PLC, Sponsored ADR		2,362,753
	21,400	Merck & Company Inc.		1,056,946
	60,200	Pfizer Inc., (3)		1,890,882
	53,800	Roche Holdings AG, Sponsored ADR, (5)		1,772,710
	45,180	Sanofi-Aventis, ADR		2,144,695
	41,700	Teva Pharmaceutical Industries Limited, Sponsored ADR		2,354,382
		Total Pharmaceuticals		13,291,100


	2			Nuveen Investments


Shares		Description (1)	Value


		Professional Services – 0.4%

	11,800	Adecco SA, (5)	$	864,180

		Semiconductors & Semiconductor Equipment – 0.4%

	21,500	Microchip Technology Incorporated, (3)		926,435

		Software – 1.6%

	246,734	Eagle Topco LP, (2), (4)		—
	34,500	Microsoft Corporation, (3)		1,526,970
	65,900	Oracle Corporation		2,380,308
		Total Software		3,907,278

		Technology Hardware, Storage & Peripherals – 0.6%

	26,100	NetApp, Inc., (3)		772,560
	14,900	Seagate Technology		667,520
		Total Technology Hardware, Storage & Peripherals		1,440,080

		Tobacco – 0.9%
	21,600	Imperial Tobacco Group, Sponsored ADR, (5)		2,235,600
		Total Common Stocks (cost $71,747,483)		78,635,014

Shares		Description (1)	Value

		REAL ESTATE INVESTMENT TRUST (REIT) COMMON STOCKS – 39.4% (26.1% of Total Investments)

		Diversified – 1.2%

	90,950	Duke Realty Corporation	$	1,732,598
	33,000	Liberty Property Trust		1,039,830
		Total Diversified		2,772,428

		Health Care – 4.5%

	60,750	Health Care Property Investors Inc.		2,262,938
	88,000	Senior Housing Properties Trust		1,425,600
	50,700	Ventas Inc.		2,842,242
	65,700	Welltower Inc.		4,449,204
		Total Health Care		10,979,984

		Hotels, Restaurants & Leisure – 2.0%

	17,950	Chesapeake Lodging Trust		467,777
	128,342	Host Hotels & Resorts Inc.		2,029,087
	37,450	LaSalle Hotel Properties		1,063,206
	26,350	Pebblebrook Hotel Trust		934,108
	17,000	RLJ Lodging Trust		429,590
		Total Hotels, Restaurants & Leisure		4,923,768

		Industrial – 2.4%

	28,400	DCT Industrial Trust Inc.		955,944
	125,848	Prologis Inc.		4,895,487
		Total Industrial		5,851,431

		Mortgage – 0.4%

	32,200	PennyMac Mortgage Investment Trust		498,134
	29,400	Redwood Trust Inc.		406,896
		Total Mortgage		905,030

		Office – 7.2%

	28,700	Alexandria Real Estate Equities Inc.		2,430,027
	149,050	BioMed Realty Trust Inc.		2,978,019
	20,550	Boston Properties, Inc.		2,433,120
	37,300	Columbia Property Trust Inc.		865,360
	70,700	Douglas Emmett Inc.		2,030,504


Nuveen Investments			3


JDD	Nuveen Diversified Dividend and Income Fund
	Portfolio of Investments (continued)	September 30, 2015 (Unaudited)


Shares		Description (1)					Value


		Office (continued)

	105,750	Paramount Group Inc.					$	1,776,600
	56,700	Piedmont Office Realty Trust						1,014,363
	15,000	SL Green Realty Corporation						1,622,400
	26,150	Vornado Realty Trust						2,364,483
		Total Office						17,514,876

		Residential – 7.8%

	74,176	Apartment Investment & Management Company, Class A						2,745,994
	24,025	AvalonBay Communities, Inc.						4,200,051
	13,050	Camden Property Trust						964,395
	20,950	Equity Lifestyles Properties Inc.						1,227,042
	66,300	Equity Residential						4,980,456
	7,750	Essex Property Trust Inc.						1,731,505
	16,000	Post Properties, Inc.						932,640
	61,600	UDR Inc.						2,123,968
		Total Residential						18,906,051

		Retail – 10.2%

	72,750	Brixmor Property Group Inc.						1,708,170
	123,650	Developers Diversified Realty Corporation						1,901,737
	86,410	General Growth Properties Inc.						2,244,068
	73,900	Kimco Realty Corporation						1,805,377
	54,350	Kite Realty Group Trust						1,294,074
	47,341	Macerich Company						3,636,736
	25,600	Regency Centers Corporation						1,591,040
	58,400	Retail Opportunity Investments Corporation						965,936
	47,135	Simon Property Group, Inc.						8,659,642
	13,750	Taubman Centers Inc.						949,850
		Total Retail						24,756,630

		Specialized – 3.7%

	82,800	CubeSmart						2,252,988
	17,050	Extra Space Storage Inc.						1,315,578
	45,300	National Storage Affiliates Trust						613,815
	22,974	Public Storage, Inc.						4,861,987
		Total Specialized						9,044,368
		Total Real Estate Investment Trust (REIT) Common Stocks (cost $66,950,679)						95,654,566

Shares		Description (1)	Coupon		Ratings (6)		Value

		CONVERTIBLE PREFERRED SECURITIES – 0.5% (0.3% of Total Investments)

		Diversified Telecommunication Services – 0.5%

	10,710	Frontier Communications Corporation		11.125%		N/R	$	997,637
	13,100	IntelSat SA		5.750%		N/R		244,970
		Total Convertible Preferred Securities (cost $1,783,502)						1,242,607

Shares		Description (1)	Coupon		Ratings (6)		Value

		$25 PAR (OR SIMILAR) RETAIL PREFERRED – 0.4% (0.3% of Total Investments)

		Banks – 0.4%

	36,300	Citigroup Inc.		6.875%		BB+	$	968,121
		Total $25 Par (or similar) Retail Preferred (cost $968,177)						968,121


	4			Nuveen Investments


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


		$1,000 PAR (OR SIMILAR) INSTITUTIONAL PREFERRED – 1.4% (0.9% of Total Investments)

		Banks – 1.4%

$	961	Bank of America Corporation		6.100%		N/A (7)		BB+	$	936,975
	526	Citigroup Inc.		5.950%		N/A (7)		BB+		518,768
	950	JPMorgan Chase & Company		6.000%		N/A (7)		BBB–		935,156
	923	Wells Fargo & Company		5.875%		N/A (7)		BBB		944,921
$	3,360	Total $1,000 Par (or similar) Institutional Preferred (cost $3,391,859)								3,335,820

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

		VARIABLE RATE SENIOR LOAN INTERESTS – 33.5% (22.3% of Total Investments) (9)

		Aerospace & Defense – 0.2%

$	610	B/E Aerospace, Inc., Term Loan B, First Lien		4.000%		12/16/21		BB+	$	612,712

		Airlines – 1.2%

	491	American Airlines, Inc., Term Loan B, First Lien		3.250%		6/27/20		BB+		488,026
	486	Delta Air Lines, Inc., Term Loan B1		3.250%		10/18/18		BBB		486,060
	1,980	US Airways, Inc., Term Loan B2, First Lien		3.000%		11/23/16		BB+		1,976,706
	2,957	Total Airlines								2,950,792

		Automobiles – 1.3%

	982	Chrysler Group LLC, Term Loan B		3.500%		5/24/17		BB+		980,463
	985	Chrysler Group LLC, Tranche B, Term Loan		3.250%		12/31/18		BB+		977,859
	1,114	Formula One Group, Term Loan, First Lien		4.750%		7/30/21		B		1,101,108
	3,081	Total Automobiles								3,059,430

		Building Products – 0.2%

	543	Gates Global LLC, Term Loan		4.250%		7/06/21		B+		516,346

		Capital Markets – 0.2%

	490	Guggenheim Partners LLC, Initial Term Loan		4.250%		7/22/20		N/R		490,817

		Chemicals – 0.8%

	199	Mineral Technologies, Inc., Term Loan B2		4.750%		5/07/21		BB		200,615
	787	Univar, Inc., Term Loan B, First Lien		4.250%		7/01/22		BB–		775,917
	934	US Coatings Acquisition, Term Loan B		3.750%		2/01/20		BB–		929,222
	1,920	Total Chemicals								1,905,754

		Commercial Services & Supplies – 0.5%

	936	ADS Waste Holdings, Inc., Initial Term Loan, Tranche B2		3.750%		10/09/19		B+		927,025
	1,011	Millennium Laboratories, Inc., Tranche B, Term Loan		5.250%		4/16/21		CCC+		324,712
	1,947	Total Commercial Services & Supplies								1,251,737

		Communications Equipment – 0.1%

	271	Commscope, Inc., Term Loan B, First Lien		3.750%		12/29/22		BB		270,791

		Construction & Engineering – 0.1%

	296	Aecom Technology Corporation, Term Loan B		3.750%		10/17/21		BB+		297,609

		Consumer Finance – 0.6%

	500	First Data Corporation, Term Loan, (WI/DD)		TBD		TBD		BB–		496,446
	1,000	First Data Corporation, Term Loan B		3.946%		7/08/22		BB–		995,375
	1,500	Total Consumer Finance								1,491,821

		Containers & Packaging – 0.8%

	500	Berry Plastics Holding Corporation, Term Loan F, (WI/DD)		TBD		TBD		BB–		499,866
	1,527	Reynolds Group Holdings, Inc., Incremental US Term Loan, First Lien		4.500%		12/01/18		B+		1,529,884
	2,027	Total Containers & Packaging								2,029,750


Nuveen Investments			5


JDD	Nuveen Diversified Dividend and Income Fund
	Portfolio of Investments (continued)	September 30, 2015 (Unaudited)


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


		Diversified Consumer Services – 0.7%

$	1,138	Hilton Hotels Corporation, Term Loan B2		3.500%		10/25/20		BBB–	$	1,138,633
	454	ServiceMaster Company, Term Loan		4.250%		7/01/21		BB–		455,220
	1,592	Total Diversified Consumer Services								1,593,853

		Diversified Telecommunication Services – 1.1%

	179	Intelsat Jackson Holdings, S.A., Tranche B2, Term Loan		3.750%		6/30/19		BB–		175,097
	243	Level 3 Financing, Inc., Term Loan B2		3.500%		5/31/22		Ba1		242,132
	988	SBA Communication, Incremental Term Loan, Tranche B1		3.250%		3/24/21		BB		978,551
	343	WideOpenWest Finance LLC, Term Loan B		4.500%		4/01/19		Ba3		340,683
	370	Ziggo N.V., Term Loan B1		3.500%		1/15/22		BB–		364,395
	238	Ziggo N.V., Term Loan B2		3.500%		1/15/22		BB–		234,823
	392	Ziggo N.V., Term Loan B3, Delayed Draw		3.500%		1/15/22		BB–		386,200
	2,753	Total Diversified Telecommunication Services								2,721,881

		Electric Utilities – 0.4%

	1,000	Energy Future Intermediate Holding Company, Term Loan, (WI/DD)		TBD		TBD		Ba3		998,333

		Energy Equipment & Services – 0.0%

	151	Drill Rigs Holdings, Inc., Tranche B1, Term Loan		6.000%		3/31/21		B		89,479

		Food & Staples Retailing – 1.0%

	1,985	Albertson’s LLC, Term Loan B4		5.500%		8/25/21		BB–		1,989,640
	500	BJ’s Wholesale Club, Inc., Replacement Loan, Second Lien		8.500%		3/26/20		CCC		496,875
	2,485	Total Food & Staples Retailing								2,486,515

		Food Products – 2.0%

	1,000	Jacobs Douwe Egberts, Term Loan B		4.250%		7/02/22		BB		1,002,188
	3,789	US Foods, Inc., Incremental Term Loan		4.500%		3/31/19		B2		3,791,820
	4,789	Total Food Products								4,794,008

		Health Care Equipment & Supplies – 1.5%

	798	Alere, Inc., Term Loan B		4.250%		6/20/22		Ba3		799,661
	895	Convatec Healthcare Term Loan B		4.250%		6/15/20		Ba2		895,079
	1,444	Kinetic Concepts, Inc., Incremental Term Loan E1		4.500%		5/04/18		BB–		1,444,896
	500	Sterigenics International, Inc., Term Loan B		4.250%		5/16/22		B1		499,375
	3,637	Total Health Care Equipment & Supplies								3,639,011

		Health Care Providers & Services – 2.7%

	993	Acadia Healthcare, Inc., Term Loan B, First Lien		4.250%		2/11/22		Ba2		998,941
	790	Amsurg Corporation, Term Loan		3.500%		7/16/21		Ba2		791,478
	1	Community Health Systems, Inc., Term Loan F		3.575%		12/31/18		BB		1,141
	436	Community Health Systems, Inc., Term Loan G		3.750%		12/31/19		BB		436,651
	873	Community Health Systems, Inc., Term Loan H		4.000%		1/27/21		BB		874,894
	821	DaVita HealthCare Partners, Inc., Tranche B, Term Loan		3.500%		6/24/21		Ba1		822,088
	1,595	Drumm Investors LLC, Term Loan		6.750%		5/04/18		B		1,609,332
	980	HCA, Inc., Tranche B4, Term Loan		3.077%		5/01/18		BBB–		980,678
	74	HCA, Inc., Tranche B5, Term Loan		2.944%		3/31/17		BBB–		74,420
	6,563	Total Health Care Providers & Services								6,589,623

		Hotels, Restaurants & Leisure – 1.5%

	1,050	Burger King Corporation, Term Loan B		3.750%		12/10/21		Ba3		1,049,393
	974	MGM Resorts International, Term Loan B		3.500%		12/20/19		BB		967,481
	1,823	Seaworld Parks and Entertainment, Inc., Term Loan B2		3.000%		5/14/20		BB		1,745,367
	3,847	Total Hotels, Restaurants & Leisure								3,762,241

		Household Durables – 0.8%

	980	Jarden Corporation, Term Loan B1		2.944%		9/30/20		BBB–		983,369
	886	Serta Simmons Holdings LLC, Term Loan		4.250%		10/01/19		B+		887,343
	95	Tempur-Pedic International, Inc., New Term Loan B		3.500%		3/18/20		BB+		95,068
	1,961	Total Household Durables								1,965,780


	6			Nuveen Investments


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


		Household Products – 0.2%

$	423	Spectrum Brands, Inc., Term Loan		3.814%		6/23/22		Ba2	$	425,094

		Independent Power & Renewable Electricity Producers – 0.4%

	983	Calpine Corporation, Delayed Term Loan		4.000%		10/31/20		BB		981,973

		Internet & Catalog Retail – 0.4%

	993	Travelport LLC, Term Loan B, First Lien		5.750%		9/02/21		B		991,179

		Internet Software & Services – 0.3%

	829	Tibco Software, Inc., Term Loan B		6.500%		12/04/20		B1		827,612

		IT Services – 0.3%

	739	Vantiv, Inc., Term Loan B		3.750%		6/13/21		BB+		741,631

		Leisure Products – 0.8%

	1,502	24 Hour Fitness Worldwide, Inc., Term Loan B		4.750%		5/28/21		Ba3		1,419,500
	471	Academy, Ltd., Term Loan B		5.000%		7/01/22		B		469,749
	1,973	Total Leisure Products								1,889,249

		Machinery – 0.3%

	225	Doosan Infracore International, Inc., Term Loan		4.500%		5/27/21		BB–		225,800
	490	Rexnord LLC, Term Loan B		4.000%		8/21/20		BB–		486,850
	715	Total Machinery								712,650

		Media – 3.7%

	499	Cequel Communications LLC, Extended Term Loan		3.500%		12/14/22		Ba2		495,144
	978	Charter Communications Operating Holdings LLC, Term Loan E		3.000%		7/01/20		Baa3		967,496
	748	Clear Channel Communications, Inc., Tranche D, Term Loan		6.944%		1/30/19		CCC+		622,564
	92	Clear Channel Communications, Inc.,Term Loan E		7.694%		7/30/19		CCC+		77,432
	1,880	Cumulus Media, Inc., Term Loan B		4.250%		12/23/20		B+		1,640,623
	297	Gray Television, Inc., Initial Term Loan		3.750%		6/13/21		BB		296,427
	494	Interactive Data Corporation, Term Loan B		4.750%		5/02/21		B+		493,380
	935	Media General Inc., Term Loan B		4.000%		7/31/20		BB+		929,280
	532	Numericable Group S.A., Term Loan B1		4.500%		5/21/20		Ba3		529,389
	460	Numericable Group S.A., Term Loan B2		4.500%		5/21/20		Ba3		457,994
	550	Springer Science & Business Media, Inc., Term Loan B9, First Lien		4.750%		8/14/20		B1		551,994
	1,524	Univision Communications, Inc., Replacement Term Loan, First Lien		4.000%		3/01/20		B+		1,513,012
	191	Yell Group PLC, Term Loan A2		5.319%		3/01/19		CCC+		386,300
	17	Yell Group PLC, Term Loan A2, (4)		1.500%		3/03/19		CCC+		—
	639	Yell Group PLC, Term Loan B2, PIK, (4)		0.000%		3/03/24		CCC–		—
	9,836	Total Media								8,961,035

		Multiline Retail – 0.6%

	498	Bass Pro Group LLC, Term Loan B, First Lien		4.000%		6/05/20		BB–		496,049
	760	Dollar Tree, Inc., Term Loan B1		3.500%		7/06/22		BB+		761,659
	240	Dollar Tree, Inc., Term Loan B2		4.250%		7/06/22		BB+		240,508
	1,498	Total Multiline Retail								1,498,216

		Oil, Gas & Consumable Fuels – 0.4%

	500	Energy Transfer Equity L.P.,Term Loan, First Lien		3.250%		12/02/19		BB		484,375
	214	Fieldwood Energy LLC, Term Loan, Second Lien		8.375%		9/30/20		B–		61,953
	153	Harvey Gulf International Marine, Inc., Term Loan B		5.500%		6/18/20		B		100,548
	307	Seadrill Partners LLC, Initial Term Loan		4.000%		2/21/21		BB–		188,595
	61	Southcross Holdings Borrower L.P., Holdco Term Loan		6.000%		8/04/21		B–		46,700
	1,235	Total Oil, Gas & Consumable Fuels								882,171

		Pharmaceuticals – 1.2%

	750	Endo Health Solutions, Inc., Term Loan B		3.750%		6/24/22		Ba1		749,004
	645	Grifols, Inc., Term Loan		3.194%		2/27/21		Ba1		646,226


Nuveen Investments			7


JDD	Nuveen Diversified Dividend and Income Fund
	Portfolio of Investments (continued)	September 30, 2015 (Unaudited)


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


		Pharmaceuticals (continued)

$	234	Quintiles Transnational Corp., Term Loan B		3.250%		5/06/22		BB+	$	234,820
	1,194	Valeant Pharmaceuticals International, Inc., Term Loan E		3.750%		8/05/20		BB+		1,178,620
	2,823	Total Pharmaceuticals								2,808,670

		Professional Services – 0.2%

	370	Nielsen Finance LLC, Dollar Term Loan B2		3.199%		4/15/21		BBB		371,001

		Real Estate Investment Trust – 0.8%

	1,347	Communications Sales & Leasing, Inc., Term Loan B, First Lien		5.000%		10/24/22		BB		1,264,144
	832	Walter Investment Management Corporation, Tranche B, Term Loan, First Lien		4.750%		12/18/20		B+		774,571
	2,179	Total Real Estate Investment Trust								2,038,715

		Real Estate Management & Development – 0.3%

	637	Capital Automotive LP, Term Loan, Tranche B1		4.000%		4/10/19		Ba2		637,873

		Semiconductors & Semiconductor Equipment – 1.3%

	859	Avago Technologies, Term Loan B		3.750%		5/06/21		BBB–		858,974
	1,490	Freescale Semiconductor, Inc., Term Loan, Tranche B4		4.250%		2/28/20		B1		1,491,034
	725	NXP Semiconductor LLC, Term Loan D		3.250%		1/11/20		BBB–		724,195
	3,074	Total Semiconductors & Semiconductor Equipment								3,074,203

		Software – 2.2%

	374	Activision Blizzard, Inc., Term Loan B		3.250%		10/13/20		BBB		374,243
	475	BMC Software, Inc., Initial Term Loan		5.000%		9/10/20		B1		432,765
	795	Ellucian, Term Loan B, First Lien, (WI/DD)		TBD		TBD		B		794,568
	956	Emdeon Business Services LLC, Term Loan B2		3.750%		11/02/18		Ba3		954,262
	757	Infor Global Solutions Intermediate Holdings, Ltd., Term Loan B5		3.750%		6/03/20		B+		735,858
	794	SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Term Loan B1		4.000%		7/08/22		BB		796,554
	126	SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Term Loan B2		4.000%		7/08/22		BB		126,009
	1,055	Zebra Technologies Corporation, Term Loan B, First Lien		4.750%		10/27/21		BB+		1,063,892
	5,332	Total Software								5,278,151

		Specialty Retail – 1.3%

	559	Burlington Coat Factory Warehouse Corporation, Term Loan B3		4.250%		8/13/21		BB–		559,892
	1,660	Jo-Ann Stores, Inc., Term Loan, First Lien		4.000%		3/16/18		Ba3		1,640,928
	449	Petsmart, Inc., Term Loan B		4.250%		3/11/22		BB–		448,828
	225	Pilot Travel Centers LLC, Term Loan B, First Lien		4.250%		10/01/21		BB+		226,048
	400	Staples, Inc., Term Loan B, First Lien, (WI/DD)		TBD		TBD		BBB		399,024
	3,293	Total Specialty Retail								3,274,720

		Technology Hardware, Storage & Peripherals – 0.4%

	985	Dell, Inc., Term Loan B2		4.000%		4/29/20		BBB		983,429

		Trading Companies & Distributors – 0.3%

	622	HD Supply, Inc., Term Loan B		3.750%		8/13/21		BB–		620,508

		Wireless Telecommunication Services – 0.4%

	1,000	UPC Broadband Holding BV, Term Loan AH		3.250%		6/30/21		BB–		986,161
$	83,959	Total Variable Rate Senior Loan Interests (cost $83,466,414)								81,502,524

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

		CORPORATE BONDS – 0.2% (0.1% of Total Investments)

		Media – 0.1%

$	132	Clear Channel Communications, Inc.		9.000%		12/15/19		CCC+	$	113,520


	8			Nuveen Investments


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


			Metals & Mining – 0.1%

$	140		Southern Copper Corporation		7.500%		7/27/35		BBB+	$	135,862
	185		Southern Copper Corporation		6.750%		4/16/40		BBB+		164,211
	325		Total Metals & Mining								300,073
$	457		Total Corporate Bonds (cost $465,707)								413,593

Principal Amount (000)		(10)	Description (1)	Coupon		Maturity		Ratings (6)		Value

			EMERGING MARKET DEBT AND FOREIGN CORPORATE BONDS – 33.6% (22.3% of Total Investments)

			Argentina – 0.9%

$	345		City of Buenos Aires, Argentina, 144A		8.950%		2/19/21		Caa2	$	354,488
	160		Province of Buenos Aires, 144A		9.950%		6/09/21		CCC–		151,242
	100		Province of Buenos Aires, Reg S		10.875%		1/26/21		Caa2		97,500
	295		Republic of Argentina		7.000%		4/17/17		N/R		297,213
	624		Republic of Argentina		8.280%		12/31/33		N/R		534,376
	234	EUR	Republic of Argentina		7.820%		12/31/33		N/R		235,523
	681		YPF Sociedad Anonima, 144A		8.750%		4/04/24		Caa1		601,868
			Total Argentina								2,272,210

			Azerbaijan – 0.2%

	465		Azerbaijan State Oil Company, Reg S		5.450%		2/09/17		BBB–		471,975

			Brazil – 1.8%

	255		Banco do Nordeste do Brasil, 144A		3.625%		11/09/15		Baa3		253,790
	875		Brazil Minas SPE via State of Minas Gerais, Pass Through Notes, 144A		5.333%		2/15/28		BB+		691,250
	795		Centrais Eletricas Brasileiras S.A, Reg S		5.750%		10/27/21		BB+		596,250
	600		Federative Republic of Brazil		6.000%		1/17/17		Baa3		623,400
	256		Federative Republic of Brazil		8.000%		1/15/18		Baa3		268,333
	1,090		Federative Republic of Brazil		8.250%		1/20/34		Baa3		1,128,150
	265		Petrobras International Finance Company		5.750%		1/20/20		BBB–		197,677
	50		Petrobras International Finance Company		6.875%		1/20/40		BBB–		32,500
	1,015		Petrobras International Finance Company		6.750%		1/27/41		BBB–		662,288
			Total Brazil								4,453,638

			Bulgaria – 1.1%

	280	EUR	Republic of Bulgaria, Reg S		2.000%		3/26/22		Baa2		308,179
	1,530	EUR	Republic of Bulgaria, Reg S		2.950%		9/03/24		Baa2		1,721,076
	635	EUR	Republic of Bulgaria, Reg S		3.125%		3/26/35		Baa2		624,403
			Total Bulgaria								2,653,658

			Chile – 1.1%

	1,055		Corporacion Nacional del Cobre de Chile, 144A		4.500%		9/16/25		AA–		1,013,458
	1,080		Corporacion Nacional del Cobre de Chile, Reg S		3.875%		11/03/21		AA–		1,073,294
	350		Corporacion Nacional del Cobre de Chile, Reg S		3.000%		7/17/22		AA–		320,177
	150		Corporacion Nacional del Cobre de Chile, Reg S		6.150%		10/24/36		AA–		153,621
	225		Empresa Nacional del Petroleo, Reg S		6.250%		7/08/19		A		245,914
			Total Chile								2,806,464

			Colombia – 1.3%

	708,000	COP	Republic of Colombia		12.000%		10/22/15		BBB		229,837
	587		Republic of Colombia		11.750%		2/25/20		BBB		776,308
	420,000	COP	Republic of Colombia		7.750%		4/14/21		BBB		137,379
	175,000	COP	Republic of Colombia		9.850%		6/28/27		BBB		64,439
	535		Republic of Colombia		10.375%		1/28/33		BBB		757,560
	680		Republic of Colombia		7.375%		9/18/37		BBB		763,300
	286,560	COP	Titulos de Tesoreria B Bonds		3.500%		3/10/21		BBB+		93,977
	220,517	COP	Titulos de Tesoreria B Bonds		4.750%		2/23/23		BBB+		76,462
	556,200	COP	Titulos de Tesoreria B Bonds		6.000%		4/28/28		BBB+		145,684
			Total Colombia								3,044,946


Nuveen Investments			9


JDD	Nuveen Diversified Dividend and Income Fund
	Portfolio of Investments (continued)	September 30, 2015 (Unaudited)



Principal Amount (000)		(10)	Description (1)	Coupon		Maturity		Ratings (6)		Value


			Cote d’Ivoire (Ivory Coast) – 0.7%

$	950		Ivory Coast Republic, 144A		5.375%		7/23/24		B1	$	827,602
	255		Ivory Coast Republic, 144A		6.375%		3/03/28		B1		226,226
	565		Ivory Coast Republic, Reg S		5.375%		7/23/24		B1		492,205
	190		Ivory Coast Republic, Reg S		5.750%		12/31/32		B		164,496
			Total Cote d’Ivoire (Ivory Coast)								1,710,529

			Croatia – 0.3%

	280		Republic of Croatia, 144A		6.250%		4/27/17		Ba1		293,531
	290		Republic of Croatia, Reg S		5.375%		11/29/19		Ba1		315,230
	200		Republic of Croatia, Reg S		6.250%		4/27/17		Ba1		209,665
			Total Croatia								818,426

			Dominican Republic – 1.5%

	335		Dominican Republic, 144A		6.600%		1/28/24		BB–		346,725
	685		Dominican Republic, 144A		5.500%		1/27/25		BB–		661,025
	500		Dominican Republic, 144A		7.450%		4/30/44		BB–		511,250
	101		Dominican Republic, Reg S		9.040%		1/23/18		BB–		106,661
	1,455		Dominican Republic, Reg S		7.500%		5/06/21		BB–		1,556,850
	275		Dominican Republic, Reg S		6.600%		1/28/24		BB–		284,625
	165		Dominican Republic, Reg S		5.875%		4/18/24		BB–		162,525
	100		Dominican Republic, Reg S		7.450%		4/30/44		BB–		102,250
			Total Dominican Republic								3,731,911

			Ecuador – 0.1%

	140		Republic of Ecuador, Reg S		9.375%		12/15/15		CCC+		136,500

			El Salvador – 0.4%

	75		Republic of El Salvador, 144A		6.375%		1/18/27		Ba3		65,813
	616		Republic of El Salvador, Reg S		7.750%		1/24/23		Ba3		611,380
	75		Republic of El Salvador, Reg S		7.625%		9/21/34		Ba3		71,719
	120		Republic of El Salvador, Reg S		7.650%		6/15/35		Ba3		106,950
	30		Republic of El Salvador, Reg S		8.250%		4/10/32		Ba3		29,400
			Total El Salvador								885,262

			Hungary – 1.4%

	542		Republic of Hungary, Government Bond		4.125%		2/19/18		BB+		563,003
	506		Republic of Hungary, Government Bond		4.000%		3/25/19		BB+		524,975
	644		Republic of Hungary, Government Bond		5.375%		2/21/23		BB+		700,195
	230		Republic of Hungary, Government Bond		5.750%		11/22/23		BB+		255,875
	658		Republic of Hungary, Government Bond		5.375%		3/25/24		BB+		713,930
	336		Republic of Hungary, Government Bond		7.625%		3/29/41		BB+		446,040
	90	EUR	Republic of Hungary, Government Bond, Reg S		5.750%		6/11/18		BB+		112,724
			Total Hungary								3,316,742

			Iceland – 0.5%

	231		Republic of Iceland, 144A		5.875%		5/11/22		BBB+		263,073
	189		Republic of Iceland, Reg S		4.875%		6/16/16		BBB+		193,114
	700		Republic of Iceland, Reg S		5.875%		5/11/22		BBB+		797,192
			Total Iceland								1,253,379

			India – 0.1%

	280		Bharti Airtel Limited, 144A		4.375%		6/10/25		BBB–		279,234

			Indonesia – 2.4%

	200		Pertamina Persero PT, Reg S		5.250%		5/23/21		Baa3		197,755
	450		Perusahaan Listrik Negaraa PT, Reg S		5.500%		11/22/21		Baa3		453,375
	200	EUR	Republic of Indonesia		3.375%		7/30/25		N/R		205,877
	350		Republic of Indonesia, Reg S		4.875%		5/05/21		Baa3		361,365


	10			Nuveen Investments



Principal Amount (000)		(10)	Description (1)	Coupon		Maturity		Ratings (6)		Value


			Indonesia (continued)

	1,540	EUR	Republic of Indonesia, Reg S		2.875%		7/08/21		Baa3	$	1,647,662
	415		Republic of Indonesia, Reg S		5.375%		10/17/23		Baa3		428,994
	1,230		Republic of Indonesia, Reg S		8.500%		10/12/35		Baa3		1,543,497
	500		Republic of Indonesia, Reg S		6.625%		2/17/37		Baa3		525,803
	425		Republic of Indonesia, Reg S		7.750%		1/17/38		Baa3		498,771
			Total Indonesia								5,863,099

			Ireland – 0.1%

	200		RZD Capital Limited, Russian Railways, Reg S		5.700%		4/05/22		BBB–		189,750

			Israel – 0.1%

	350		Israel Electric Corporation Limited, 144A, Reg S		5.000%		11/12/24		BBB–		357,126

			Jamaica – 0.3%

	200		Jamaica Government		7.625%		7/09/25		B		218,000
	385		Jamaica Government		6.750%		4/28/28		B		386,925
	200		Jamaica Government		7.875%		7/28/45		B		200,000
			Total Jamaica								804,925

			Kazakhstan – 1.4%

	220		KazAgro National Management Holding JSC, 144A		4.625%		5/24/23		BBB		175,780
	200		Kazakhstan Development Bank, Reg S		5.500%		12/20/15		BBB		201,000
	330		Kazakhstan Development Bank, Reg S		6.500%		6/03/20		BBB		338,441
	225		Kazakhstan Temir Zholy JSC, Reg S		6.375%		10/06/20		BBB		211,838
	210		Kazakhstan Temir Zholy JSC, Reg S		6.950%		7/10/42		BBB		164,052
	375		Kazakhstan Temir Zholy JSC, Reg S		7.000%		5/13/16		BBB		378,745
	220		Kazmunaygas National, 144A		6.000%		11/07/44		BBB		161,150
	560		Republic of Kazakhstan, 144A		5.125%		7/21/25		BBB+		539,112
	376		Republic of Kazakhstan, 144A		6.500%		7/21/45		BBB+		353,120
	841		Republic of Kazakhstan, Reg S		6.500%		7/21/45		BBB+		789,825
			Total Kazakhstan								3,313,063

			Kenya – 0.2%

	265		Republic of Kenya, 144A		6.875%		6/24/24		B+		240,090
	265		Republic of Kenya, Reg S		5.875%		6/24/19		B+		253,647
			Total Kenya								493,737

			Latvia – 0.8%

	715		Latvia Republic, 144A		3.625%		1/12/20		A–		726,619
	1,270		Latvia Republic, Reg S		2.750%		1/12/20		A–		1,290,635
			Total Latvia								2,017,254

			Lithuania – 1.6%

	175		Republic of Lithuania, 144A		7.375%		2/11/20		A–		210,000
	145		Republic of Lithuania, 144A		6.125%		3/09/21		A–		169,165
	670		Republic of Lithuania, 144A		6.625%		2/01/22		A–		809,360
	955		Republic of Lithuania, Reg S		7.375%		2/11/20		A–		1,146,000
	1,345		Republic of Lithuania, Reg S		6.125%		3/09/21		A–		1,569,145
			Total Lithuania								3,903,670

			Luxembourg – 0.4%

	815		Gaz Capital SA, Reg S		9.250%		4/23/19		BBB–		899,556

			Malaysia – 0.3%

	765		Penerbangan Malaysia Berhad, Reg S		5.625%		3/15/16		A–		778,448

			Mexico – 2.2%

	325		Comision Federal de Electricidad of the United States of Mexico, 144A		6.125%		6/16/45		BBB+		305,500


Nuveen Investments			11


JDD	Nuveen Diversified Dividend and Income Fund
	Portfolio of Investments (continued)	September 30, 2015 (Unaudited)



Principal Amount (000)		(10)	Description (1)	Coupon		Maturity		Ratings (6)		Value


			Mexico (continued)

$	220		Grupo Bimbo SAB de CV, Reg S		4.500%		1/25/22		Baa2	$	227,370
	460		Grupo Bimbo SAB de CV, Reg S		3.875%		6/27/24		BBB		445,492
	210		Grupo Bimbo SAB de CV, Reg S		4.875%		6/27/44		BBB		184,447
	1,523	MXN	Mexican Udibonds Bonds		4.500%		12/04/25		A		101,841
	995	MXN	Mexican Udibonds Bonds		4.500%		11/22/35		A		66,853
	200		Mexichem SAB de CV, Reg S		5.875%		9/17/44		BBB		169,000
	9,111	MXN	Mexico Bonos de DeSarrollo		10.000%		12/05/24		A		686,513
	390		Pemex Project Funding Master Trust		6.625%		6/15/35		A3		365,625
	135		Petroleos Mexicanos		6.500%		6/02/41		A3		124,173
	139		Petroleos Mexicanos		5.500%		6/27/44		A3		111,548
	420		Petroleos Mexicanos		6.375%		1/23/45		A3		377,328
	115		Petroleos Mexicanos, 144A		5.500%		6/27/44		A3		92,288
	1,890		Petroleos Mexicanos, Reg S		5.500%		6/27/44		A3		1,516,723
	180	EUR	United Mexican States		4.000%		10/15/30		A3		165,682
	330		United Mexican States		5.750%		10/12/10		A3		308,550
			Total Mexico								5,248,933

			Morocco – 0.8%

	215		Kingdom of Morocco, 144A		4.250%		12/11/22		BBB–		217,150
	235		Kingdom of Morocco, 144A		5.500%		12/11/42		BBB–		232,768
	235	EUR	Kingdom of Morocco, Reg S		4.500%		10/05/20		BBB–		284,331
	225		Kingdom of Morocco, Reg S		4.250%		12/11/22		BBB–		227,250
	270	EUR	Kingdom of Morocco, Reg S		3.500%		6/19/24		BBB–		303,206
	345		Kingdom of Morocco, Reg S		5.500%		12/11/42		BBB–		341,723
	440		Office Cherifien Des Phosphates SA, Reg S		6.875%		4/25/44		BBB–		440,440
			Total Morocco								2,046,868

			Nigeria – 0.2%

	240		Nigerian Government International Bond, 144A		5.125%		7/12/18		BB–		230,400
	200		Nigerian Republic Treasury Bond, Reg S		5.125%		7/12/18		BB–		192,000
			Total Nigeria								422,400

			Pakistan – 0.3%

	275		Islamic Republic of Pakistan, 144A		7.250%		4/15/19		B		282,130
	250		Islamic Republic of Pakistan, 144A		8.250%		4/15/24		B		261,352
	226		Islamic Republic of Pakistan, 144A		8.250%		9/30/25		B		230,486
			Total Pakistan								773,968

			Panama – 0.7%

	310		Republic of Panama		3.750%		3/16/25		BBB		299,925
	25		Republic of Panama		8.875%		9/30/27		BBB		34,375
	920		Republic of Panama		9.375%		4/01/29		BBB		1,323,648
			Total Panama								1,657,948

			Paraguay – 0.1%

	240		Republic of Paraguay, Reg S		4.625%		1/25/23		Ba1		235,800

			Peru – 1.8%

	215		BBVA Banco Continental SA, 144A		3.250%		4/08/18		A–		216,881
	165		El Fondo Mivivienda SA, 144A		3.500%		1/31/23		BBB+		152,625
	645		Republic of Peru		7.125%		3/30/19		A3		744,975
	241		Republic of Peru		7.350%		7/21/25		A3		300,648
	1,945		Republic of Peru		4.125%		8/25/27		A3		1,906,100
	1,195	PEN	Republic of Peru		6.950%		8/12/31		A3		340,715
	400		Republic of Peru		8.750%		11/21/33		A3		564,000
	249	PEN	Republic of Peru Treasury Bond		7.840%		8/12/20		A–		81,165
			Total Peru								4,307,109


	12			Nuveen Investments



Principal Amount (000)		(10)	Description (1)	Coupon		Maturity		Ratings (6)		Value


			Romania – 1.2%

$	390		Republic of Romania, 144A		6.750%		2/07/22		BBB–	$	460,200
	70	EUR	Republic of Romania, Reg S		4.875%		11/07/19		BBB–		89,869
	240	EUR	Republic of Romania, Reg S		4.625%		9/18/20		BBB–		308,697
	1,586		Republic of Romania, Reg S		6.750%		2/07/22		BBB–		1,871,477
	225	EUR	Republic of Romania, Reg S		3.625%		4/24/24		BBB–		270,334
			Total Romania								3,000,577

			Russia – 1.2%

	455		Gazprom Neft OAO Via GPN Capital SA, Reg S		6.000%		11/27/23		BBB–		419,829
	100		Gazprom OAO Via Gaz Capital SA, Reg S		7.288%		8/16/37		BBB–		95,625
	575		Rosneft International Finance, Reg S		4.199%		3/06/22		BB+		487,773
	800		Russian Federation, Reg S		5.000%		4/29/20		BBB–		827,000
	200	EUR	Russian Federation, Reg S		3.625%		9/16/20		BBB–		224,318
	200		Russian Federation, Reg S		4.875%		9/16/23		BBB–		201,668
	430		Russian Federation, Reg S		12.750%		6/24/28		BBB–		675,186
			Total Russia								2,931,399

			Senegal – 0.1%

	200		Republic of Senegal, Reg S		8.750%		5/13/21		B+		208,600

			Serbia – 0.2%

	505		Republic of Serbia, Reg S		5.250%		11/21/17		BB–		522,044

			Slovenia – 1.0%

	475		Republic of Slovenia, 144A		5.850%		5/10/23		A–		542,726
	385		Republic of Slovenia, 144A		5.250%		2/18/24		A–		423,500
	420		Republic of Slovenia, Reg S		4.750%		5/10/18		A–		446,775
	710		Republic of Slovenia, Reg S		5.500%		10/26/22		A–		797,333
	200		Republic of Slovenia, Reg S		5.850%		5/10/23		A–		228,516
			Total Slovenia								2,438,850

			South Africa – 0.2%

	470		Eskom Holdings Limited, Reg S		6.750%		8/06/23		BB+		439,450

			Sri Lanka – 0.5%

	720		Republic of Sri Lanka, 144A		6.000%		1/14/19		BB–		727,198
	175		Republic of Sri Lanka, Reg S		6.250%		10/04/20		BB–		176,746
	310		Republic of Sri Lanka, Reg S		6.250%		7/27/21		BB–		309,183
			Total Sri Lanka								1,213,127

			Tunisia – 0.2%

	425		Banque de Tunisie, Reg S		5.750%		1/30/25		Ba3		404,813

			Turkey – 2.3%

	775		Republic of Turkey, Government Bond		7.000%		9/26/16		Baa3		809,875
	321		Republic of Turkey, Government Bond		7.500%		7/14/17		Baa3		346,279
	185		Republic of Turkey, Government Bond		6.750%		4/03/18		Baa3		199,652
	705		Republic of Turkey, Government Bond		5.625%		3/30/21		Baa3		735,844
	710		Republic of Turkey, Government Bond		6.250%		9/26/22		Baa3		758,813
	1,360		Republic of Turkey, Government Bond		5.750%		3/22/24		Baa3		1,409,638
	605		Republic of Turkey, Government Bond		7.375%		2/05/25		Baa3		691,969
	655		Republic of Turkey, Government Bond		4.875%		4/16/43		Baa3		545,288
			Total Turkey								5,497,358

			Ukraine – 0.4%

	355		Republic of Ukraine, 144A		6.250%		6/17/16		Ca		277,930
	785		Republic of Ukraine, Reg S		6.580%		11/21/16		Ca		616,932
			Total Ukraine								894,862


Nuveen Investments			13


JDD	Nuveen Diversified Dividend and Income Fund
	Portfolio of Investments (continued)	September 30, 2015 (Unaudited)


Principal Amount (000)		(10)	Description (1)	Coupon		Maturity		Ratings (6)		Value


			Uruguay – 0.6%

$	1,723		Republic of Uruguay		5.100%		6/18/50		BBB	$	1,511,933

			Venezuela – 0.5%

	50		Petroleos de Venezuela S.A, Reg S		5.250%		4/12/17		CCC		22,470
	1,895		Petroleos de Venezuela S.A, Reg S		6.000%		11/15/26		CCC		606,305
	170		Republic of Venezuela, Reg S		9.000%		5/07/23		CCC		58,225
	420		Republic of Venezuela, Reg S		8.250%		10/13/24		CCC		140,700
	565		Republic of Venezuela, Reg S		7.650%		4/21/25		CCC		186,450
	555		Republic of Venezuela, Reg S		9.250%		5/07/28		CCC		187,313
	30		Republic of Venezuela, Reg S		7.000%		3/31/38		CCC		9,675
			Total Venezuela								1,211,138

			Vietnam – 0.1%

	255		Socialist Republic of Vietnam, Reg S		4.800%		11/19/24		BB–		241,024
			Total Emerging Market Debt and Foreign Corporate Bonds (cost $85,221,131)								81,663,703
			Total Long-Term Investments (cost $313,994,952)								343,415,948

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

			SHORT-TERM INVESTMENTS – 9.3% (6.2% of Total Investments)

			REPURCHASE AGREEMENTS – 9.3%
$	11,037		Repurchase Agreement with Fixed Income Clearing Corporation, dated 9/30/15, repurchase price $11,037,489, collateralized by $11,095,000 U.S. Treasury Notes, 1.625%, due 6/30/20, value $11,261,425		0.000%		10/01/15			$	11,037,489
	11,555		Repurchase Agreement with Fixed Income Clearing Corporation, dated 9/30/15, repurchase price $11,554,557, collateralized by $11,275,000 U.S. Treasury Notes, 2.500%, due 8/15/23, value $11,796,468		0.000%		10/01/15				11,554,557
$	22,592		Total Short-Term Investments (cost $22,592,046)								22,592,046
			Total Investments (cost $336,586,998) – 150.7%								366,007,994
			Borrowings – (48.0)% (11), (12)								(116,500,000	)
			Other Assets Less Liabilities – (2.7)% (13)								(6,631,834	)
			Net Assets Applicable to Common Shares – 100%							$	242,876,160

Investments in Derivatives as of September 30, 2015

Options Written outstanding:


Number of Contracts			Description	Notional Amount (14)			Expiration Date		Strike Price		Value
	(230	)	Interpublic Group of Companies Inc.	$	(506,000	)		10/16/15	$	22.0	$	(2,875	)
	(215	)	Microchip Technology Incorporated		(946,000	)		10/16/15		44.0		(13,975	)
	(2	)	National CineMedia Inc.		(3,500	)		12/18/15		17.5		(20	)
	(261	)	NetApp Inc.		(861,300	)		12/18/15		33.0		(16,052	)
	(708	)	Total Options Written (premiums received $48,398)	$	(2,316,800	)					$	(32,922	)


	14			Nuveen Investments

Forward Foreign Currency Exchange Contracts outstanding:


Counterparty	Currency Contracts to Deliver	Notional Amount (Local Currency)		In Exchange For Currency		Notional Amount (Local Currency)		Settlement Date		Unrealized Appreciation (Depreciation)
Bank of America	Chilean Peso		153,200,000		U.S. Dollar		217,781		12/16/15	$	(800	)
Bank of America	Chilean Peso		76,600,000		U.S. Dollar		107,426		12/16/15		(1,864	)
Bank of America	Chilean Peso		76,600,000		U.S. Dollar		107,178		12/16/15		(2,112	)
Bank of America	U.S. Dollar		254,147		South Africa Rand		3,567,000		12/17/15		(157	)
BNP Paribas	Colombian Peso		291,197,000		U.S. Dollar		92,856		12/16/15		(627	)
BNP Paribas	South Africa Rand		5,690,000		U.S. Dollar		400,789		12/17/15		(4,371	)
BNP Paribas	U.S. Dollar		440,451		Chilean Peso		306,400,000		12/16/15		(3,290	)
BNP Paribas	U.S. Dollar		28,063		Euro		25,000		12/16/15		(93	)
Citibank N.A.	U.S. Dollar		472,076		South Africa Rand		6,703,000		12/17/15		5,215
Credit Suisse	U.S. Dollar		3,088		South Africa Rand		44,000		12/17/15		46
Goldman Sachs	South Africa Rand		5,000,000		U.S. Dollar		358,706		12/17/15		2,678
Goldman Sachs	U.S. Dollar		26,778		South Africa Rand		376,000		12/17/15		(4	)
HSBC Bank	Euro		1,527,000		U.S. Dollar		1,715,951		12/16/15		7,510
HSBC Bank	U.S. Dollar		8,949		Colombian Peso		27,900,000		12/16/15		7
JPMorgan	Euro		1,527,000		U.S. Dollar		1,715,928		12/16/15		7,487
JPMorgan	U.S. Dollar		128,391		Euro		115,000		12/16/15		274
JPMorgan	U.S. Dollar		437,958		Indian Rupee		29,860,000		12/16/15		11,885
Morgan Stanley	Brazilian Real		1,283,000		U.S. Dollar		322,938		10/02/15		(684	)
Morgan Stanley	Brazilian Real		1,280,000		U.S. Dollar		338,132		12/02/15		22,188
Morgan Stanley	Brazilian Real		1,061,000		U.S. Dollar		289,558		12/02/15		27,670
Morgan Stanley	Colombian Peso		629,972,000		U.S. Dollar		204,603		12/16/15		2,363
Morgan Stanley	Indian Rupee		29,860,000		U.S. Dollar		443,487		12/16/15		(6,356	)
Morgan Stanley	U.S. Dollar		247,942		Brazilian Real		964,000		10/02/15		(4,784	)
Morgan Stanley	U.S. Dollar		83,056		Brazilian Real		319,000		10/02/15		(2,591	)
Morgan Stanley	U.S. Dollar		136,424		Brazilian Real		535,000		12/02/15		(4,369	)
Morgan Stanley	U.S. Dollar		29,399		Brazilian Real		112,000		12/02/15		(1,754	)
Morgan Stanley	U.S. Dollar		27,606		Brazilian Real		108,000		12/02/15		(948	)
Morgan Stanley	U.S. Dollar		27,410		Brazilian Real		107,000		12/02/15		(999	)
Morgan Stanley	U.S. Dollar		26,739		Brazilian Real		107,000		12/02/15		(328	)
National Australia Bank	Euro		1,526,000		U.S. Dollar		1,714,203		12/16/15		6,881
Royal Bank of Canada	Mexican Peso		7,223,000		U.S. Dollar		425,782		12/16/15		1,040
Standard Chartered Bank	Colombian Peso		750,880,000		U.S. Dollar		236,572		12/16/15		(4,483	)
Standard Chartered Bank	Euro		1,525,000		U.S. Dollar		1,704,218		12/16/15		(1,985	)
Standard Chartered Bank	Peruvian Nuevo Sol		518,000		U.S. Dollar		155,276		12/16/15		(1,456	)
Standard Chartered Bank	Peruvian Nuevo Sol		255,000		U.S. Dollar		76,006		12/16/15		(1,149	)
State Street Bank and Trust	Brazilian Real		1,283,000		U.S. Dollar		329,397		10/02/15		5,775
State Street Bank and Trust	Colombian Peso		730,768,000		U.S. Dollar		232,322		12/16/15		(2,277	)
State Street Bank and Trust	U.S. Dollar		345,114		Brazilian Real		1,372,000		12/02/15		(6,461	)
State Street Bank and Trust	U.S. Dollar		135,285		Euro		120,000		12/16/15		(1,027	)
										$	46,050

Futures Contracts outstanding:


Description	Contract Position	Number of Contracts			Contract Expiration		Notional Value			Variation Margin Receivable/ (Payable)			Unrealized Appreciation (Depreciation)
Eurex Euro-Bobl	Short		(16	)		12/15	$	(2,306,670	)	$	(308	)	$	(7,759	)
Eurex Euro-Bund	Short		(12	)		12/15		(2,094,320	)		(11	)		(38,897	)
Eurex Euro-Buxl	Short		(6	)		12/15		(1,044,143	)		2,097			(31,047	)
U.S. Long Bond	Short		(1	)		12/15		(157,344	)		562			(2,806	)
							$	(5,602,477	)	$	2,340		$	(80,509	)


Nuveen Investments			15


JDD	Nuveen Diversified Dividend and Income Fund
	Portfolio of Investments (continued)	September 30, 2015 (Unaudited)

Interest Rate Swaps outstanding:


Counterparty	Notional Amount		Fund Pay/Receive Floating Rate		Floating Rate Index		Fixed Rate (Annualized)			Fixed Rate Payment Frequency		Effective Date (15)		Termination Date		Unrealized Appreciation (Depreciation)
JPMorgan	$	30,450,000		Receive		1-Month USD-LIBOR-ICE		1.462	%		Monthly		12/01/15		12/01/20	$	(703,830	)
JPMorgan		30,450,000		Receive		1-Month USD-LIBOR-ICE		1.842			Monthly		12/01/15		12/01/22		(1,068,499	)
	$	60,900,000														$	(1,772,329	)

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 risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:


	Level 1			Level 2			Level 3			Total
Long-Term Investments:
Common Stocks	$	58,006,095		$	20,628,919		$	—	*	$	78,635,014
Real Estate Investment Trust (REIT) Common Stocks		95,654,566			—			—			95,654,566
Convertible Preferred Securities		1,242,607			—			—			1,242,607
$25 Par (or similar) Retail Preferred		968,121			—			—			968,121
$1,000 Par (or similar) Institutional Preferred		—			3,335,820			—			3,335,820
Variable Rate Senior Loan Interests		—			81,502,524			—	*		81,502,524
Corporate Bonds		—			413,593			—			413,593
Emerging Market Debt and Foreign Corporate Bonds		—			81,663,703			—			81,663,703
Short-Term Investments:
Repurchase Agreements		—			22,592,046			—			22,592,046
Investments in Derivatives:
Options Written		(32,922	)		—			—			(32,922	)
Forward Foreign Currency Exchange Contracts**		—			46,050			—			46,050
Futures Contracts**		(80,509	)		—			—			(80,509	)
Interest Rate Swaps**		—			(1,772,329	)		—			(1,772,329	)
Total	$	155,757,958		$	208,410,326		$	—	*	$	364,168,284

*	Value equals zero as of the end of the reporting period.

**	Represents net unrealized appreciation (depreciation).

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.


	16			Nuveen Investments

As of September 30, 2015, the cost of investments (excluding investments in derivatives) was $341,246,207.

Gross unrealized appreciation and gross unrealized depreciation of investments (excluding investments in derivatives) as of September 30, 2015, were as follows:


Gross unrealized:
Appreciation	$	44,943,468
Depreciation		(20,181,681	)
Net unrealized appreciation (depreciation) of investments	$	24,761,787

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

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

(4)	Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value disclosure purposes, investment classified as Level 3.

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

(6)

Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. 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)	Perpetual security. Maturity date is not applicable.

(8)

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.

(9)

Senior loans generally pay interest at rates which are periodically adjusted by reference to a base short-term, floating lending rate plus an assigned fixed rate. 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.

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

(11)	Borrowings as a percentage of Total Investments is 31.8%.

(12)	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.

(13)	Other assets less liabilities includes the unrealized appreciation (depreciation) of certain over-the-counter derivatives as well as the exchange-cleared and exchange-traded derivatives, when applicable. Other assets less liabilities also includes the value of options.

(14)	For disclosure purposes, Notional Amount is calculated by multiplying the Number of Contracts by the Strike Price by 100.

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

(WI/DD)

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

N/A	Not applicable.

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.

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.

COP	Colombian Peso

EUR

Euro

MXN	Mexican Peso

PEN	Peruvian Nuevo Sol

USD LIBOR-ICE

United States Dollar – London Inter-Bank Offered Rate Intercontinental Exchange


Nuveen Investments			17

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/ Kevin J. McCarthy
		Kevin J. McCarthy
		Vice President and Secretary

Date: November 27, 2015

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/ Gifford R. Zimmerman
		Gifford R. Zimmerman
		Chief Administrative Officer (principal executive officer)

Date: November 27, 2015

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

Date: November 27, 2015