Form N-Q

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)


Jessica R. Droeger—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:            12/31          

Date of reporting period:          09/30/05         

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

  Portfolio of Investments (Unaudited)
Nuveen Diversified Dividend and Income Fund (JDD)
September 30, 2005

  Shares    Description(1)            Value 
 
 
      COMMON STOCKS - 33.2% (24.4% of Total Investments)             
      Aerospace & Defense - 1.8%             
  50,000    Lockheed Martin Corporation          $   3,052,000 
  85,000    Raytheon Company                3,231,700 
   
 
                  6,283,700 
 
      Commercial Banks - 1.7%             
  69,200    Bank of America Corporation            2,913,320 
  65,000    Wachovia Corporation            3,093,350 
 
                    6,006,670 
 
      Commercial Services & Supplies - 1.3%             
  105,000    Pitney Bowes Inc.            4,382,700 
 
      Containers & Packaging - 0.8%             
  146,300    Packaging Corp of America            2,839,683 
 
      Diversified Financial Services - 2.1%             
  100,000    Citigroup Inc.            4,552,000 
  85,000    JPMorgan Chase & Co            2,884,050 
 
                  7,436,050 
 
      Diversified Telecommunication Services - 4.1%             
  90,000    KT Corporation, Sponsored ADR            2,025,000 
  175,500    SBC Communications Inc.            4,206,735 
  135,000    Sprint Corporation            3,210,300 
  52,500    Telecom Italia S.p.A., Sponsored ADR            1,711,500 
  90,600    Verizon Communications Inc.            2,961,714 
 
                  14,115,249 
 
      Electric Utilities - 1.4%             
  93,000    EDP - Energias de Portugal, S.A., Sponsored ADR            2,594,700 
  118,000    Korea Electric Power Corporation (KEPCO), Sponsored ADR            2,089,780 
 
                  4,684,480 
 
      Food & Staples Retailing - 0.8%             
  66,700    Albertson's, Inc.            1,710,855 
  60,812    J Sainsbury plc, Sponsored ADR            1,201,037 
 
                  2,911,892 
 
      Household Durables - 0.7%             
  112,000    Newell Rubbermaid Inc.              2,536,800 
 
      Household Products - 1.3%             
  73,000    Kimberly-Clark Corporation            4,345,690 
 
      Insurance - 1.8%             
  120,000    Aon Corporation            3,849,600 
  30,000    Hartford Financial Services Group, Inc.            2,315,100 
                  6,164,700 
 
      Media - 0.5%             
  48,900    Dow Jones & Company, Inc.            1,867,491 
 
      Metals & Mining - 2.6%             
  146,000    Alumina Limited, Sponsored ADR            2,757,940 
  33,000    POSCO, ADR            1,866,480   
  26,500    Rio Tinto plc, Sponsored ADR            4,353,950 
 
                  8,978,370 
 
 
      Multi-Utilities & Unregulated Power - 1.2%             
  25,000    Dominion Resources, Inc.            2,153,500 
  82,800    United Utilities plc, Sponsored ADR            1,940,004 
 
                  4,093,504 
 
      Oil, Gas, & Consumable Fuels - 4.0%             
  33,000    ChevronTexaco Corporation            2,136,090 
  41,800    ConocoPhillips            2,922,238 
  23,000    Eni S.p.A., Sponsored ADR            3,406,300 
  14,605    Kerr-McGee Corporation            1,418,292 
  30,000    Total SA, Sponsored ADR            4,074,600 
 
                  13,957,520 
 
      Paper & Forest Products - 0.9%             
  105,500    International Paper Company            3,143,900 
 
      Pharmaceuticals - 0.9%             
  110,000    Merck & Co. Inc.            2,993,100 
 
      Thrifts & Mortgage Finance - 2.1%             
  81,600    Fannie Mae            3,657,312 
  94,100    IndyMac Bancorp, Inc.            3,724,478 
 
                  7,381,790 
 
      Tobacco - 3.2%             
  88,200    Altria Group, Inc.            6,501,222 
  113,000    Loews Corp - Carolina Group            4,478,190 
 
                  10,979,412 
 
      Total Common Stocks (cost $94,279,359)            115,102,701 
 
      REAL ESTATE INVESTMENT TRUST COMMON STOCKS - 36.6% (26.9% of Total Investments)               
      Apartments - 8.1%               
  242,800    AMLI Residential Properties Trust              7,786,596 
  114,900    Archstone-Smith Trust            4,581,063 
  57,500    AvalonBay Communities, Inc.            4,927,750 
  86,200    Camden Property Trust            4,805,650 
  164,400    Post Properties, Inc.            6,123,900 
 
                  28,224,959 
 
      Healthcare - 2.7%             
  166,000    Nationwide Health Properties, Inc.            3,867,800 
  293,800    Senior Housing Properties Trust            5,582,200 
 
                  9,450,000 
 
      Hotels - 2.2%             
  350,000    DiamondRock Hospitality Company            4,112,500 
  338,736    Hersha Hospitality Trust            3,363,648 
                        7,476,148 
      Industrial - 0.6%                   
  50,000    First Industrial Realty Trust, Inc.                  2,002,500   
      Mortgage - 0.8%                   
  45,000    American Home Mortgage Investment Corp                  1,363,500 
  220,000    MFA Mortgage Investments, Inc.                  1,348,600 
                        2,712,100 
      Office Property - 14.2%                   
  180,300    Arden Realty, Inc.                  7,422,951 
  200,300    Brandywine Realty Trust                  6,227,327 
  219,100    Equity Office Properties Trust                  7,166,761 
  192,000    Glenborough Realty Trust Inc.                  3,686,400 
  130,000    Highwoods Properties, Inc.                  3,836,300 
  435,600    HRPT Properties Trust                  5,405,796 
  158,900    Mack-Cali Realty Corporation                  7,140,966 
  146,800    Maguire Properties, Inc.                  4,411,340 
  115,400    Reckson Associates Realty Corporation                  3,987,070 
                        49,284,911 
      Regional Malls - 1.6%                   
  32,400    Simon Property Group, Inc.                  2,401,488 
  49,900    The Macerich Company                  3,240,506 
                        5,641,994 
      Shopping Center - 4.0%                   
  252,900    Cedar Shopping Centers Inc.                  3,659,463 
  73,500    Federal Realty Investment Trust                  4,478,355 
  221,000    Kite Realty Group Trust                  3,297,320 
  107,100    New Plan Excel Realty Trust                  2,457,945 
                        13,893,083 
      Storage - 2.4%                   
  90,700    Shurgard Storage Centers, Inc.                  5,067,409 
  165,800    U-Store-It Trust                  3,360,766 
                        8,428,175 
      Total Real Estate Investment Trust Common Stocks (cost $99,610,202)                  127,113,870 
  Shares    Description(1)    Coupon               Value 
      REAL ESTATE INVESTMENT TRUST PREFERRED STOCKS - 1.1%                   
      (0.8% of Total Investments)                   
      Apartments - 1.1%                   
  150,000    Apartment Investment & Management Company, Series U    7.750 %              3,754,500 
      Total Real Estate Investment Trust Preferred Stocks (cost $3,707,925)                  3,754,500 
          Weighted Average Coupon                
Stated   Maturity*  Ratings**
 Principal 
Amount (000)  		   
    Description(1)        Moody's    S&P    Value 
      VARIABLE RATE SENIOR LOAN INTERESTS(2) - 22.8% (16.7% of Total Investments)                   
      Aerospace & Defense - 1.9%                   
$   2,467    Hexcel, Term Loan B    5.313 %  3/01/12    B2    B+    2,495,444 
  1,900    K & F Industries, Inc., Term Loan B    6.284 %  11/18/12    B2    B+    1,914,250 
  1,625    Vought Aircraft Industries, Inc., Term Loan    6.350 %  12/22/11    Ba3    B+    1,643,701 
  364    Vought Aircraft Industries, Inc., Tranche B, Letter of Credit    5.840 %  12/22/10    Ba3    B+    368,239 
                        6,421,634 
      Auto Components - 1.2%                 
  2,500    Federal-Mogul Corporation, Term Loan A (a)  6.090 %  2/24/04    N/R    N/R    2,350,000 
  1,217    Tenneco Automotive Inc., Term Loan B  6.080 %  12/12/10    B1    B+    1,239,152 
  534    Tenneco Automotive Inc., Term Loan B-1    5.943 %  12/12/10    B1    B+    544,338 
 
                      4,133,490 
 
      Building Products - 1.2%                 
  1,980    Nortek, Inc., Term Loan B  5.915 %  8/27/11    B2    B    2,007,473 
  994    Stile Acquisition Corporation, Canadien Term Loan  5.912 %  3/21/13    B2    BB-    998,390 
  996    Stile Acquisition Corporation, Term Loan B  5.666 %  5/13/11    B2    BB-    1,000,091 
 
                      4,005,954 
 
      Chemicals - 1.1%                 
  1,939    GenTek, Inc., Term Loan B  6.605 %  12/31/10    B2    B+    1,956,273 
  1,990    Rockwood Specialties Group, Inc., Tranche D  5.930 %  7/30/12    B1    B+    2,024,203 
 
                      3,980,476 
 
      Commercial Services & Supplies - 0.7%                 
  676    Allied Waste North America, Inc., Letter of Credit  3.100 %  3/21/12    B1    BB    681,588 
  1,770    Allied Waste North America, Inc., Term Loan B  5.851 %  3/12/21    B1    BB    1,785,515 
 
                      2,467,103 
 
      Containers & Packaging - 1.5%                 
  2,978    Graham Packaging Company, L.P., Term Loan B  6.151 %  10/07/11    B2    B    3,020,768 
  175    Smurfit-Stone Container Corporation, Deposit-Funded Commitment  2.100 %  11/01/11    Ba3    BB-    176,607 
  1,389    Smurfit-Stone Container Corporation, Term Loan B  5.697 %  11/01/11    Ba3    BB-    1,404,349 
  427    Smurfit-Stone Container Corporation, Term Loan C  5.834 %  11/01/11    Ba3    BB-    432,107 
 
                      5,033,831 
 
      Diversified Telecommunication Services - 0.6%                 
  1,985    Intelsat, Ltd., Term Loan B  5.813 %  7/06/11    B1    B    2,011,466 
 
      Electrical Equipment - 0.5%                 
  1,630    Sensus Metering Systems Inc., Term Loan B-1  5.954 %  12/17/10    B2    B+    1,649,796 
  254    Sensus Metering Systems Inc., Term Loan B-2  5.969 %  12/17/10    B2    B+    257,368 
 
                      1,907,164 
 
      Food Products - 0.8%                 
  2,738    Michael Foods, Inc., Term Loan B  5.170 %  11/20/10    B1    B+    2,786,174   
 
      Healthcare Equipment & Supplies - 0.3%                   
  927    Kinetic Concepts, Inc., Term Loan B-2  5.780 %  8/11/10    Ba3    BB    939,672 
 
 
      Healthcare Providers & Services - 1.8%                 
  1,960    Beverly Enterprises, Inc., Term Loan B  6.477 %  10/22/08    Ba3    BB    1,966,125 
  2,000    Davita, Inc., Term Loan B (b)  TBD   TBD    B1    BB-    2,032,084 
  2,175    LifePoint Hospitals, Inc., Term Loan B  5.435 %  9/30/11    Ba3    BB    2,199,769 
 
                      6,197,978 
 
      Hotels, Restaurants & Leisure - 2.6%                 
  2,000    24 Hour Fitness Worldwide, Inc., Term Loan B  6.780 %  6/06/05    B2    B    2,033,750 
  2,000    Burger King Corporation, Term Loan B  5.500 %  7/17/12    Ba2    B+    2,033,036 
  2,000    Penn National Gaming, Inc., Term Loan B (b)  TBD   TBD    Ba3    BB-    2,027,656 
  513    Venetian Casino Resort, LLC, Delayed Draw, Term Loan  5.770 %  6/15/11    B1    BB-    517,909 
  2,487    Venetian Casino Resort, LLC, Term Loan  5.770 %  6/15/11    B1    BB-    2,511,857 
 
                      9,124,208 
 
      Insurance - 0.3%                   
  1,100    Conseco, Inc., Term Loan    5.768 %  6/22/10    B2    BB-    1,114,094 
      IT Services - 1.1%                   
  1,765    Fidelity National Information Services, Term Loan B    5.478 %  3/09/13    Ba3    BB    1,773,510 
  2,000    SunGard Data Systems, Inc., Term Loan B    6.280 %  1/25/13    B1    B+    2,025,228 
                        3,798,738 
      Media - 5.5%                   
  1,973    Charter Communications Operating, LLC, Term Loan B    6.930 %  4/07/11    B2    B    1,984,218 
  1,499    Dex Media West, LLC, Term Loan B    5.512 %  3/09/10    Ba2    BB    1,510,767 
  1,985    Emmis Operating Company, Term Loan    5.518 %  11/10/11    Ba2    B+    2,001,624 
  1,970    Loews Cineplex Entertainment Corporation, Term Loan B    5.880 %  6/30/11    B1    B    1,982,991 
  2,000    Metro-Goldwyn-Mayer Studios, Inc., Term Loan B    6.270 %  4/12/12    N/R    N/R    2,026,250 
  1,735    R.H. Donnelley Inc., Tranche D    5.618 %  6/30/11    B3    B+    1,750,209 
  1,990    Rainbow Media Holdings LLC, Term Loan    6.438 %  3/31/12    B1    BB+    2,010,522 
  1,910    Regal Cinemas Corporation, Term Loan    6.020 %  11/10/10    Ba3    BB-    1,932,240 
  2,000    UPC, Term Loan H2    6.004 %  9/30/12    B1    B    2,024,375 
  1,968    WMG Acquisition Corp., Term Loan    5.700 %  2/27/11    B1    B+    1,993,393   
                        19,216,589 
      Metals & Mining - 0.5%                   
  1,804    Amsted Industries Incorporated, Term Loan B    6.198 %  10/15/10    B1    BB-    1,837,141 
      Real Estate - 1.2%                   
  1,987    General Growth Properties, Inc., Term Loan B    5.850 %  11/12/08    Ba2    BB+    2,014,339 
  1,960    LNR Property Corporation, Term Loan    6.711 %  2/03/08    B2    B+    1,985,662 
                        4,000,001 
      Total Variable Rate Senior Loan Interests (cost $78,181,898)                  78,975,713 
                         
Ratings**
 Principal 
Amount (000)  		     
    Description(1)    Coupon   Maturity    Moody's    S&P    Value 
      EMERGING MARKETS SOVEREIGN DEBT AND FOREIGN CORPORATE BONDS - 31.2%                   
      (22.9% of Total Investments)                   
      Argentina - 2.1%                   
$   5,750    Argentina Republic    1.330 %  12/31/38    N/R    B-    2,285,625 
  1,652    Argentina Republic    8.280 %  12/31/33    N/R    B-    1,708,563 
  1,623    Argentina Republic    3.010 %  8/03/12    B3    B-    1,309,050 
  885    Argentine Beverages Financial Trust,144A    7.375 %  3/22/12    N/R    N/R    918,188 
  570    Banco de Galicia y Buenos Aires, South America, Reg S    7.190 %  1/01/10    N/R    N/R    562,191 
  345    Transportadora de Gas del Sur S.A., Series B-A, Reg S    7.000 %  12/15/13    N/R    CCC+    343,275 
                        7,126,892 
      Brazil - 1.2%                   
  1,620    Brazil Republic    11.000 %  8/17/40    B1    BB-    1,988,145 
  250    Brazil Republic    12.000 %  4/15/10    B1    BB-    306,750 
  1,000    Brazil Republic    7.875 %  3/07/15    B1    BB-    1,040,000 
  800    Brazil Republic    4.250 %  4/15/24    B1    BB-    772,000 
                        4,106,895 
      Bulgaria - 0.4%                   
  1,100    Bulgaria Republic, Reg S    8.250 %  1/15/15    Ba2    BBB-    1,354,210 
      Chile - 0.8%                   
  550    Chile Republic    6.875 %  4/28/09    Baa1    A    589,875 
  600    Coldelco Inc., Reg S    6.375 %  11/30/12    A2    A-    650,940 
  430    Corporacion Nacional del Cobre, 144A    5.500 %  10/15/13    Aa3    A    442,120 
  1,100    Corporacion Nacional del Cobre, 144A    4.750 %  10/15/14    Aa3    A    1,069,460 
                      2,752,395 
      China - 0.2%                   
  610    China Development Bank (b)    5.000 %  10/15/15    A2    A-    602,070 
 
      Colombia - 1.0%                   
  350    Colombia Republic    11.750 %  2/25/20    Ba2    BB    488,600 
  700    Colombia Republic    10.000 %  1/23/12    Ba2    BB    847,000 
  610    Colombia Republic    10.375 %  1/28/33    Ba2    BB    799,100 
  1,350    Colombia Republic    8.125 %  5/21/24    Ba2    BB    1,454,625 
 
                        3,589,325 
 
      Dominican Republic - 0.5%                   
  1,489    Dominican Republic    4.520 %  1/23/18    B3    B    1,658,458 
 
      Ecuador - 1.2%                   
  3,925    Ecuador Republic, Reg S    9.000 %  8/15/30    Caa1    CCC+    3,722,863 
  400    Ecuador Republic, 144A    9.000 %  8/15/30    Caa1    CCC+    378,000 
 
 
                        4,100,863 
 
      El Salvador - 0.9%                   
  850    El Salvador Republic, 144A    7.650 %  6/15/35    Baa3    BB+    890,375 
  750    El Salvador Republic, Reg S    8.500 %  7/25/11    Baa3    BB+    870,305 
  1,080    El Salvador Republic, Reg S    7.750 %  1/24/23    Baa3    BB+    1,216,462 
 
                        2,977,142 
 
      Germany - 0.4%                   
  500    Aries Vermogensverwaltung Federation Sovereign Collateralized Debt, Reg S    9.600 %  10/25/14    Ba2    BBB-    661,235 
  646    Dresdner Bank AG, Ukreximbank LoanParticipation Notes    7.750 %  9/23/09    Ba2    N/R    677,783 
 
                        1,339,018 
 
      Guatemala - 0.3%                   
  880    Republic of Guatemala, 144A    8.125 %  10/06/34    Ba2    BB-    990,000 
  175    Republic of Guatemala, Reg S    10.250 %  11/08/11    Ba2    BB-    215,121 
 
                        1,205,121 
 
      Hong Kong - 0.3%                   
  890    Hong Kong, 144A    5.125 %  8/01/14    A1    AA-    901,723 
 
      Indonesia - 0.8%                   
  2,730    Republic of Indonesia, 144A    7.250 %  4/20/15    B2    B+    2,736,825 
 
      Kazakhstan - 0.3%                   
  800    Development Bank of Kazakhstan    7.375 %  11/12/13    Baa3    BBB-    902,080 
 
      Luxembourg - 0.9%                   
  300    Tengizchevroil LLP, 144A    6.124 %  11/15/14    Baa3    BBB-    308,250 
  550    UBS Luxembourg SA    6.230 %  2/11/15    Baa2    N/R    563,090 
  1,000    VTB Capital SA, 144A    7.500 %  10/12/11    Baa2    BB+    1,100,000 
  1,100    VTB Capital SA, 144A    6.250 %  7/02/35    Baa2    BB+    1,148,125 
 
                        3,119,465 
 
      Malaysia - 2.1%                   
  1,100    Malaysia Republic    8.750 %  6/01/09    A3    A-    1,247,766 
  2,000    Malaysia Republic    7.500 %  7/15/11    A3    A-    2,272,262 
  2,725    Petronas Capital Limited, Reg S    7.000 %  5/22/12    A2    A-    3,055,188 
  200    Petronas Capital Limited, Reg S    7.875 %  5/22/22    Baa1    A-    248,899 
  550    Sarawak International Inc.    5.500 %  8/03/15    Baa1    A-    543,593 
 
                        7,367,708 
 
      Mexico - 2.5%                   
  550    America Movil S.A. de C.V.    5.500 %  3/01/14    A3    BBB    545,159 
  895    Conproca SA, Reg S    12.000 %  6/16/10    Baa3    BBB-    1,098,613 
  240    Controladora Comercial Mexicana, 144A    6.625 %  6/01/15    Baa2    BBB-    243,471 
  1,100    Empresa Nacional del Petroleo, 144A    4.875 %  3/15/14    A2    A    1,056,315 
  1,200    Pemex Project Funding Master Trust, 144A    5.750 %  12/15/15    Baa1    BBB    1,189,500 
  750    Pemex Project Funding Master Trust, RegS    6.625 %  6/15/35    Baa1    BBB    738,563 
  1,200    Pemex Project Funding Master Trust    8.500 %  2/15/08    Baa1    BBB    1,297,500 
  275    Petroleos Mexicanos    8.850 %  9/15/07    Baa1    BBB    296,863 
  590    Petroleos Mexicanos    9.375 %  12/02/08    Baa1    BBB    665,225 
  1,000    United Mexican States, Series A    6.375 %  1/16/13    Baa1    BBB    1,066,500 
  220    United Mexican States    8.125 %  12/30/19    Baa1    BBB    267,300 
  200    United Mexican States    8.300 %  8/15/31    Baa1    BBB    250,500 
  430    United Mexican States    6.625 %  3/03/15    Baa1    BBB    468,270 
 
                        9,183,779 
 
      Panama - 0.9%                   
  1,400    Panama Republic    9.375 %  4/01/29    Ba1    BB    1,785,000 
  650    Panama Republic    9.625 %  2/08/11    Ba1    BB    780,000 
  460    Panama Republic    9.375 %  1/16/23    Ba1    BB    583,050 
 
                        3,148,050 
 
      Peru - 1.5%                   
  1,911    Peru Republic    5.000 %  3/07/17    Ba3    BB    1,863,225 
  1,169    Peru Republic    5.000 %  3/07/17    Ba3    BB    1,159,736 
  915    Peru Republic    8.750 %  11/21/33    Ba3    BB    1,109,438 
  450    Peru Republic    8.375 %  5/03/16    Ba3    BB    528,750   
  610    Peru Republic    7.350 %  7/21/25    Ba3    BB    649,650   
 
                        5,310,799 
 
      Philippines - 1.2%                   
  750    National Power Corporation, 144A    8.073 %  8/23/11    B1    BB-    752,368 
  1,500    Philippines Republic    9.375 %  1/18/17    B1    BB-    1,651,875 
  1,193    Philippines Republic    8.375 %  2/15/11    B1    BB-    1,251,159 
  670    Philippines Republic    8.000 %  1/15/16    B1    BB-    675,863 
 
                        4,331,265 
 
      Poland - 0.1%                   
  500    Poland Republic    5.250 %  1/15/14    A2    BBB+    515,625 
 
      Qatar - 0.6%                   
  373    Ras Laffan Liquefied Natural GasCompany Limited, 144A    3.437 %  9/15/09    Baa1    A-    360,576 
  780    Ras Laffan Liquified Natural Gas Company Limited, Reg S    3.437 %  9/15/09    Baa1    A-    758,122 
  550    State of Qatar, Reg S    9.750 %  6/15/30    A1    A+    844,250 
 
                        1,962,948 
 
      Russia - 1.8%                   
  830    GazStream SA, 144A    5.625 %  7/22/13    Baa2    BB-    836,225 
  1,000    Russia Federation, Reg S    5.000 %  3/31/30    Baa3    BBB-    1,151,554 
  2,050    Russia Ministry of Finance    3.000 %  5/14/08    Ba2    BBB-    1,956,520 
  600    Russia Ministry of Finance    3.000 %  5/14/11    Ba1    BBB-    535,560 
  750    Russian Federation, Reg S    11.000 %  7/24/18    Baa3    BBB-    1,148,585 
  400    Russian Ministry of Finance, Reg S    12.750 %  6/24/28    Ba2    BB+    755,156 
 
                        6,383,600 
 
      Saint Lucia - 0.1%                   
  300    First Citizens Saint Lucia Limited, Reg S    5.125 %  2/14/11    A2    BBB    297,266 
 
      Serbia - 0.6%                   
  2,500    Serbia Republic, 144A    3.750 %  11/01/24    N/R    BB-    2,246,875 
 
      South Africa - 1.8%                   
  5,450    South Africa Republic    9.125 %  5/19/09    Baa1    BBB+    6,213,000 
 
      South Korea - 0.4%                   
  410    Hanarotelecom Inc., 144A    7.000 %  2/01/12    Ba2    BB    405,264 
  895    Korea Development Bank    4.625 %  9/16/10    A3    A    884,125 
 
                        1,289,389 
 
      Thailand - 0.1%                   
  250    Bangkok Bank Public Company Limited, Reg S    9.025 %  3/15/29    Baa2    BB-    318,715 
 
      Trinidad - 0.5%                   
  1,233    Republic of Trinidad and Tobago, Reg S    9.750 %  7/01/20    Baa3    A-    1,757,256 
 
      Tunisia - 0.6%                   
  1,700    Banque de Tunisie    7.375 %  4/25/12    Baa2    BBB    1,929,500 
 
      Turkey - 1.3%                   
  825    Turkey Republic    9.000 %  6/30/11    B1    BB-    953,906 
  1,875    Turkey Republic    7.375 %  2/05/25    B1    BB-    1,882,031 
  1,275    Turkey Republic    7.000 %  6/05/20    B1    BB-    1,263,844   
  350    Turkey Republic    11.750 %  6/15/10    B1    BB-    437,500 
 
                        4,537,281 
 
      Ukraine - 0.4%                   
  600    Republic of Ukraine, Reg S    6.875 %  3/04/11    B1    BB-    633,420 
  644    Ukraine Government, Reg S    11.000 %  3/15/07    B1    B    682,367 
 
                        1,315,787 
 
      United Kingdom - 0.2%                   
  550    Vedanta Resources PLC, Reg S    6.625 %  2/22/10    Ba2    BB+    546,963 
 
      Uruguay - 1.1%                   
  970    Uruguay Republic    9.250 %  5/17/17    B3    B    1,092,463 
  2,150    Uruguay Republic    7.250 %  2/15/11    B3    B    2,246,750 
  315    Uruguay Republic    7.500 %  3/15/15    B3    B    324,450 
 
                        3,663,663 
 
      Venezuela - 1.4%                   
  1,000    Venezuela Republic    9.375 %  1/13/34    B2    B+    1,186,500 
  550    Venezuela Republic    8.500 %  10/08/14    B2    B+    611,875 
  10    Venezuela Republic    9.250 %  9/15/27    B2    B+    11,855 
  1,200    Venezuela Republic    7.650 %  4/21/25    B2    B    1,216,200 
  1,935    Venezuela Republic, Reg S    5.375 %  8/07/10    Caa1    B-    1,889,522 
 
                        4,915,952 
 
      Vietnam - 0.7%                   
  2,593    Socialist Republic of Vietnam    4.813 %  3/14/16    B1    BB-    2,413,960 
 
      Total Emerging Markets Sovereign Debt and Foreign Corporate Bonds (cost $102,625,432)                  108,121,863 
 
      U.S. CONVERTIBLE BONDS - 1.4% (1.0% of Total Investments)                   
      Metals & Mining - 1.4%                   
  5,000    Trizec Hahn Corporation    3.000 %  1/29/21    N/R    N/R    4,756,250 
 
      Total U.S. Convertible Bonds (cost $3,639,668)                  4,756,250 
 
      U.S. CORPORATE BONDS - 4.5% (3.3% of Total Investments)                   
      Hotels, Restaurants & Leisure - 2.4%                   
  2,000    Aztar Corporation    9.000 %  8/15/11    Ba3    B+    2,135,000 
  2,150    Harrahs Entertainment    7.875 %  12/15/05    Ba1    BB+    2,168,813 
  2,000    MGM Mirage, Inc.    6.750 %  8/01/07    Ba1    BB+    2,045,000 
  2,000    Park Place Entertainment    7.875 %  12/15/05    Ba2    BB-    2,017,500 
                      8,366,313   
      Household Durables - 2.1%                 
  2,000    D.R. Horton, Inc.    7.500 %  12/01/07    Ba1    BB+  2,103,084   
  2,000    KB Home    8.625 %  12/15/08    Ba2    BB-  2,135,888   
  3,000    Standard Pacific Corporation    6.500 %  10/01/08    Ba2    BB  2,988,750   
                      7,227,722   
      Total U.S. Corporate Bonds (cost $15,803,509)                15,594,035   
  Principal                     
  Amount (000)    Description(1)                Value   
      REPURCHASE AGREEMENTS - 5.4% (4.0% Total Investments)                 
      State Street Bank, 3.150%, dated 9/30/05, due 10/03/05, repurchase price $18,821,396                 
$   18,816    collateralized by $19,495,000 U.S. Treasury Bills, 3.930%, due 3/02/06, value $19,192,828                18,816,457   
      Total Repurchase Agreements (cost $18,816,457) - 5.4%                18,816,457   
      Total Investments (cost $416,664,450) - 136.2%                472,235,389   
      Other Assets Less Liabilities - (1.6)%                (5,429,558  ) 
      Preferred Shares, at Liquidation Value - (34.6)%                (120,000,000  ) 
      Net Assets Applicable to Common Shares - 100%                $ 346,805,831   

(1)     All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares 
    unless otherwise noted. 
(2)     Senior Loans in which the Fund invests 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. 
*     Senior Loans in the Fund’s portfolio 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 in the Fund’s portfolio may occur. As a result, the actual 
    remaining maturity of Senior Loans held in the Fund’s portfolio may be substantially less than the stated 
    maturities shown. 
**     Ratings below Baa by Moody’s Investor Service, Inc. or BBB by Standard & Poor’s Group are considered to 
    be below investment grade. 
(a)     At or subsequent to September 30, 2005, this issue was under the protection of Federal Bankruptcy Court. 
(b)     Purchased on a when-issued or delayed delivery basis. 
ADR     American Depository Receipt 
144A     144A securities are those which are exempt from registration under Rule 144A of the Securities Act of 1933, 
    as amended. These securities may only be resold in transactions exempt from registration which are normally 
    those transactions with qualified institutional buyers. 
Reg S     Regulation S allows U.S. companies to sell securities to persons or entities located outside of the U.S. without 
    registering those securities with the SEC. Specifically, Reg 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 basis in the primary market. 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 weighted average coupon rate is not available prior to settlement. 
    At settlement, if still unknown, the borrower or counterparty will provide the Fund with the final weighted 
    average coupon rate and maturity date. 
N/R     Investment is not rated. 

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 timing differences in recognizing market discount, amortization on premium, recognition of income on REIT securities, and timing differences in recognizing certain gains and losses on investment transactions.

At September 30, 2005, the cost of investments was $418,238,571.

Gross unrealized appreciation and gross unrealized depreciation of investments at September 30, 2005, were as follows:
Gross unrealized:       
   Appreciation    $   59,976,461  
   Depreciation      (5,979,643 ) 
Net unrealized appreciation of investments    $   53,996,818  

Item 2. Controls and Procedures.

  1. 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)).
  2. 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/ Jessica R. Droeger                     
                                                    Jessica R. Droeger
                                                    Vice President and Secretary

Date         11/29/05        

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         11/29/05        

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

Date         11/29/05        

* Print the name and title of each signing officer under his or her signature.