NUVEEN DIVIDEND GROWTH FUND
NUVEEN GLOBAL DIVIDEND GROWTH FUND
SUPPLEMENT DATED APRIL 30, 2026
TO THE PROSPECTUS DATED NOVEMBER 28, 2025
| 1. | Effective April 30, 2026, Charles Carr has been named a portfolio manager of Nuveen Dividend Growth Fund and Nuveen Global Dividend Growth Fund. David Chalupnik and David Park will continue to serve as portfolio managers for the Funds. There are no changes to the Funds’ investment objectives, principal investment strategies or principal risks. |
Charles Carr, CFA, Senior Managing Director, is a portfolio manager at Nuveen responsible for domestic large-cap value equity strategies. Prior to joining Nuveen in 2014, he served in investment roles at value-oriented hedge funds, including Elm Ridge Capital, Fine Capital Partners, Alson Capital and Estekene Capital.
| 2. | Nuveen Dividend Growth Fund is expected to make a special distribution payable on May 15, 2026, to shareholders of record as of May 13, 2026, in anticipation of the launch of ETF Class shares of the Fund. The distribution may include capital gains and/or ordinary income. Shareholders should consult their tax advisor regarding the potential tax implications of receiving this distribution. |
PLEASE KEEP THIS WITH YOUR PROSPECTUS
FOR FUTURE REFERENCE
MGN-NDGGDG-0426P
NUVEEN DIVIDEND GROWTH FUND
NUVEEN GLOBAL DIVIDEND GROWTH FUND
SUPPLEMENT DATED APRIL 30, 2026
TO THE STATEMENT OF ADDITIONAL INFORMATION DATED NOVEMBER 28, 2025
| 1. | Effective April 30, 2026, Charles Carr, CFA, has been named a portfolio manager of Nuveen Dividend Growth Fund and Nuveen Global Dividend Growth Fund. David Chalupnik, CFA, and David Park, CFA, will continue to serve as portfolio managers for the Funds. |
| 2. | The following is added to the table in the section of the Statement of Additional Information entitled “Service Providers – Portfolio Managers – Other Accounts Managed”: |
| Portfolio Manager | Type of Account Managed | Number of Accounts |
Assets (millions) |
Number of Accounts with Performance- Based Fees |
Assets of Accounts with Performance- Based Fees | |||||
| NUVEEN DIVIDEND GROWTH FUND | ||||||||||
| Charles Carr* | Registered Investment Companies | 2 | $6,538.56 | 0 | $0 | |||||
| Other Pooled Investment Vehicles | 1 | $57.71 | 0 | $0 | ||||||
| Other Accounts | 0 | $0 | 0 | $0 | ||||||
| NUVEEN GLOBAL DIVIDEND GROWTH FUND | ||||||||||
| Charles Carr* | Registered Investment Companies | 2 | $6,538.56 | 0 | $0 | |||||
| Other Pooled Investment Vehicles | 1 | $57.71 | 0 | $0 | ||||||
| Other Accounts | 0 | $0 | 0 | $0 | ||||||
| * Information is as of February 28, 2026. |
| 3. | The following is added to the table in the section of the Statement of Additional Information entitled “Service Providers – Portfolio Managers – Beneficial Ownership of Securities”: |
| Portfolio Manager |
Fund |
Dollar Range of | ||
| Charles Carr* |
Nuveen Dividend Growth Fund | A | ||
| Nuveen Global Dividend Growth Fund | A | |||
| * Information is as of February 28, 2026. |
PLEASE KEEP THIS WITH YOUR STATEMENT OF ADDITIONAL INFORMATION
FOR FUTURE REFERENCE
MGN-NDGSAI-0426P