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Returns quoted represent past performance which is no guarantee of future performance. Current performance may be lower or higher than the data shown. Total returns for periods of less than one year are cumulative. All other figures represent average annual total returns. Fund performance figures assume the reinvestment of dividends and capital gains distributions; the figures are pre-tax and net of expenses. Market price returns are based on the closing market price on the date shown.

See the Fund’s prospectus for full information on expenses.
Investing involves risk; principal loss is possible. There is no guarantee the Fund’s investment objectives will be achieved.
Shares of ETFs are bought and sold at market price as opposed to net asset value. As a result, an investor may pay more than net asset value when buying and receive less than net asset value when selling. In addition, brokerage commissions will reduce returns. Fund shares are not individually redeemable directly with the Fund, but blocks of shares may be acquired from the Fund and tendered for redemption to the Fund by certain institutional investors in Creation Units.
 
Nuveen Fund Advisors, LLC, serves as the Fund’s adviser and Teachers Advisors, LLC serves as the Fund’s sub-adviser. Nuveen Fund Advisors, LLC is a subsidiary of Nuveen, LLC. Nuveen, LLC is the investment manager of TIAA. Teachers Advisors, LLC is an investment specialist of Nuveen, LLC.
 
Nuveen Securities, LLC, member FINRA and SIPC.
 
Before investing, carefully consider fund investment objectives, risks, charges and expenses. For this and other information that should be read carefully, please request a prospectus or summary prospectus from your financial professional or Nuveen at 800.257.8787.
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