NIQ
Nuveen Intermediate Duration
Quality Municipal Term Fund
Portfolio of Investments August 31, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
LONG-TERM INVESTMENTS – 126.9% (100.0% of Total Investments) | ||||||
MUNICIPAL BONDS – 125.0% (98.5% of Total Investments) | ||||||
Alabama – 2.1% (1.7% of Total Investments) | ||||||
$2,000 | Alabama Federal Aid Highway Finance Authority, Federal Highway Grant Anticipation Revenue Bonds, Tender Option Bond Trust 2016-XL0024, 22.293%, 9/01/26 (Pre-refunded 9/01/22), 144A (IF) (4) | 9/22 at 100.00 | AA (5) | $2,487,240 | ||
1,000 | Lower Alabama Gas District, Alabama, Gas Project Revenue Bonds, Series 2016A, 5.000%, 9/01/34 | No Opt. Call | A2 | 1,357,490 | ||
269 | Tuscaloosa County Industrial Development Authority, Alabama, Gulf Opportunity Zone Bonds, Hunt Refining Project, Refunding Series 2019A, 4.500%, 5/01/32, 144A | 5/29 at 100.00 | N/R | 294,568 | ||
3,269 | Total Alabama | 4,139,298 | ||||
Alaska – 0.3% (0.3% of Total Investments) | ||||||
500 | Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, Senior Series 2021A Class 1, 5.000%, 6/01/30 | No Opt. Call | A | 658,380 | ||
Arizona – 3.1% (2.4% of Total Investments) | ||||||
Arizona Health Facilities Authority, Hospital Revenue Bonds, Phoenix Children's Hospital, Series 2013D: | ||||||
965 | 5.000%, 2/01/24 | 2/23 at 100.00 | AA- | 1,031,035 | ||
1,065 | 5.000%, 2/01/26 | 2/23 at 100.00 | AA- | 1,137,250 | ||
775 | Phoenix Civic Improvement Corporation, Arizona, Water System Revenue Bonds, Junior Lien Series 2021A, 5.000%, 7/01/45 | 7/31 at 100.00 | AAA | 1,019,652 | ||
Tempe, Arizona, Water and Sewer Revenue Bonds, Series 2021: | ||||||
1,150 | 5.000%, 7/01/40 | 7/31 at 100.00 | AA+ | 1,524,635 | ||
1,000 | 5.000%, 7/01/41 | 7/31 at 100.00 | AA+ | 1,321,930 | ||
4,955 | Total Arizona | 6,034,502 | ||||
California – 11.2% (8.8% of Total Investments) | ||||||
3,000 | Alameda Corridor Transportation Authority, California, Revenue Bonds, Refunding Senior Lien Series 2013A, 5.000%, 10/01/27 – AGM Insured | 10/23 at 100.00 | AA | 3,295,650 | ||
55 | California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020A, 4.000%, 6/01/49 | 6/30 at 100.00 | BBB+ | 65,196 | ||
500 | California Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health, Refunding Series 2017A, 5.000%, 11/15/36 | 11/27 at 100.00 | A1 | 622,785 | ||
415 | California Municipal Finance Authority, Revenue Bonds, Biola University, Series 2013, 5.000%, 10/01/21 | No Opt. Call | Baa1 | 416,560 | ||
2,170 | California Municipal Finance Authority, Revenue Bonds, Linxs APM Project, Senior Lien Series 2018A, 5.000%, 12/31/43 (AMT) | 6/28 at 100.00 | BBB- | 2,639,805 | ||
370 | California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, San Diego County Water Authority Desalination Project Pipeline, Refunding Series 2019, 5.000%, 11/21/45, 144A | 1/29 at 100.00 | BBB | 447,286 |
1
NIQ | Nuveen Intermediate Duration Quality Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$1,930 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2014A, 5.250%, 12/01/34 | 12/24 at 100.00 | BB | $2,193,947 | ||
3,335 | Eastern Municipal Water District Financing Authority, California, Water and Wastewater Revenue Bonds, Series 2017D, 5.250%, 7/01/42 | 7/27 at 100.00 | AA+ | 4,164,114 | ||
405 | Independent Cities Finance Authority, California, Mobile Home Park Revenue Bonds, Rancho Vallecitos Mobile Home Park, Series 2013, 4.500%, 4/15/23 | No Opt. Call | A- | 418,883 | ||
Jurupa Community Services District, California, Special Tax Bonds, Community Facilities District 31 Eastvale Area, Series 2013: | ||||||
150 | 4.000%, 9/01/25 | 9/22 at 100.00 | N/R | 155,409 | ||
305 | 4.000%, 9/01/26 | 9/22 at 100.00 | N/R | 315,666 | ||
250 | 4.000%, 9/01/27 | 9/22 at 100.00 | N/R | 258,415 | ||
Los Angeles Department of Water and Power, California, Waterworks Revenue Bonds, Series 2021B: | ||||||
300 | 5.000%, 7/01/28 | No Opt. Call | Aa2 | 388,476 | ||
700 | 5.000%, 7/01/29 | No Opt. Call | Aa2 | 930,090 | ||
1,770 | Patterson Public Finance Authority, California, Revenue Bonds, Community Facilities District 2001-1, Senior Series 2013A, 5.000%, 9/01/22 | No Opt. Call | N/R | 1,852,801 | ||
185 | Riverside County Redevelopment Agency, California, Tax Allocation Housing Bonds, Series 2011A, 0.000%, 10/01/26 (ETM) (6) | No Opt. Call | A (5) | 221,395 | ||
1,500 | San Diego Association of Governments, California, South Bay Expressway Toll Revenue Bonds, First Senior Lien Series 2017A, 5.000%, 7/01/36 | 7/27 at 100.00 | A | 1,833,480 | ||
1,400 | San Joaquin County Transportation Authority, California, Sales Tax Revenue, Limited Tax Measure K Series 2017, 5.000%, 3/01/32 | 3/27 at 100.00 | AA | 1,716,274 | ||
18,740 | Total California | 21,936,232 | ||||
Colorado – 16.6% (13.1% of Total Investments) | ||||||
3,045 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 5.000%, 8/01/30 | 8/29 at 100.00 | BBB+ | 3,918,915 | ||
5,000 | Colorado Springs, Colorado, Utilities System Revenue Bonds, Refunding Series 2017A-2, 5.000%, 11/15/47 | 11/27 at 100.00 | AA+ | 6,063,150 | ||
Colorado State Board of Governors, Colorado State University Auxiliary Enterprise System Revenue Bonds, Tender Option Bond Trust 2016-XF2354: | ||||||
100 | 22.453%, 3/01/25, 144A (IF) (4) | No Opt. Call | AA | 181,165 | ||
300 | 22.453%, 3/01/26, 144A (IF) (4) | No Opt. Call | AA | 602,652 | ||
430 | 22.402%, 3/01/27, 144A (IF) (4) | No Opt. Call | AA | 941,636 | ||
725 | 22.453%, 3/01/28, 144A (IF) (4) | No Opt. Call | AA | 1,711,094 | ||
200 | 22.453%, 3/01/29, 144A (IF) (4) | No Opt. Call | AA | 502,960 | ||
1,870 | Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016, 5.000%, 12/01/30 | 12/26 at 100.00 | Baa2 | 2,212,135 | ||
350 | E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 1997B, 0.000%, 9/01/21 – NPFG Insured | No Opt. Call | A | 350,000 | ||
1,000 | Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds, Colorado Springs Utilities, Series 2008, 6.500%, 11/15/38 | No Opt. Call | AA- | 1,561,760 |
2
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$4,000 | Regional Transportation District, Colorado, Sales Tax Revenue Bonds, Fastracks Project, Refunding Green Series 2021B, 4.000%, 11/01/40 | 5/31 at 100.00 | AA+ | $4,850,400 | ||
4,000 | University of Colorado, Enterprise System Revenue Bonds, Refunding Series 2019B, 5.000%, 6/01/44 | 6/29 at 100.00 | Aa1 | 5,001,840 | ||
4,000 | University of Northern Colorado at Greeley, Institutional Enterprise System Revenue Bonds, Refunding Series 2016A, 5.000%, 6/01/46 | 6/26 at 100.00 | Aa2 | 4,712,400 | ||
25,020 | Total Colorado | 32,610,107 | ||||
District of Columbia – 1.7% (1.3% of Total Investments) | ||||||
1,900 | Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Refunding & Subordinate Lien Series 2019B, 5.000%, 10/01/47 | 10/29 at 100.00 | A- | 2,376,748 | ||
720 | Washington Metropolitan Area Transit Authority, Dedicated Revenue Bonds, Green Series 2021A, 5.000%, 7/15/41 | 7/31 at 100.00 | AA | 945,684 | ||
2,620 | Total District of Columbia | 3,322,432 | ||||
Florida – 7.4% (5.8% of Total Investments) | ||||||
150 | Atlantic Beach, Florida, Healthcare Facilities Revenue Refunding Bonds, Fleet Landing Project, Series 2013A, 5.000%, 11/15/23 | No Opt. Call | BBB | 164,142 | ||
365 | Belmont Community Development District, Florida, Capital Improvement Revenue Bonds, Phase 1 Project, Series 2013A, 5.500%, 11/01/23 | No Opt. Call | N/R | 381,192 | ||
1,270 | Broward County, Florida, Fuel System Revenue Bonds, Fort Lauderdale Fuel Facilities LLC Project, Series 2013A, 5.000%, 4/01/23 – AGM Insured (AMT) | No Opt. Call | AA | 1,362,189 | ||
825 | Broward County, Florida, Half-Cent Sales Tax Revenue Bonds, Refunding Series 2020, 4.000%, 10/01/40 | 10/30 at 100.00 | AA+ | 999,875 | ||
1,740 | Cape Coral, Florida, Water and Sewer Revenue Bonds, Refunding Series 2017, 5.000%, 10/01/33 | 10/27 at 100.00 | A+ | 2,161,915 | ||
310 | Capital Trust Agency, Florida, Fixed Rate Air Cargo Revenue Refunding Bonds, Aero Miami FX, LLC Project, Series 2010A, 5.350%, 7/01/29 | 9/21 at 100.00 | Baa3 | 311,265 | ||
545 | Central Florida Expressway Authority, Revenue Bonds, Senior Lien Series 2021D, 5.000%, 7/01/31 | No Opt. Call | A+ | 742,524 | ||
685 | Collier County Educational Facilities Authority, Florida, Revenue Bonds, Ave Maria University, Refunding Series 2013A, 4.500%, 6/01/23 | No Opt. Call | BBB- | 715,599 | ||
1,000 | Florida Mid-Bay Bridge Authority, Revenue Bonds, 1st Senior Lien Series 2015A, 5.000%, 10/01/23 | No Opt. Call | BBB+ | 1,092,620 | ||
2,960 | Florida Municipal Power Agency, Revenue Bonds, Saint Lucie Project, Refunding Series 2012A, 5.000%, 10/01/26 | 10/22 at 100.00 | A2 | 3,114,601 | ||
500 | Gainesville, Florida, Utilities System Revenue Bonds, Series 2017A, 5.000%, 10/01/37 | 10/27 at 100.00 | Aa3 | 616,760 | ||
1,400 | Palm Beach County Health Facilities Authority, Florida, Revenue Bonds, Jupiter Medical Center, Series 2013A, 5.000%, 11/01/22 | No Opt. Call | BBB+ | 1,473,276 | ||
510 | Putnam County Development Authority, Florida, Pollution Control Revenue Bonds, Seminole Electric Cooperatice, Inc Project, Refunding Series 2018B, 5.000%, 3/15/42 | 5/28 at 100.00 | A- | 614,606 | ||
305 | Southeast Overtown/Park West Community Redevelopment Agency, Florida, Tax Increment Revenue Bonds, Series 2014A-1, 5.000%, 3/01/24, 144A | No Opt. Call | BBB+ | 338,269 |
3
NIQ | Nuveen Intermediate Duration Quality Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
$380 | Verandah West Community Development District, Florida, Capital Improvement Revenue Bonds, Refunding Series 2013, 4.000%, 5/01/23 | No Opt. Call | N/R | $388,995 | ||
12,945 | Total Florida | 14,477,828 | ||||
Georgia – 2.1% (1.6% of Total Investments) | ||||||
1,025 | Atlanta, Georgia, Tax Allocation Bonds, Perry Bolton Project Series 2014, 4.000%, 7/01/22 | No Opt. Call | A- | 1,055,319 | ||
1,000 | Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc, Series 2017B, 5.500%, 2/15/42 | 2/27 at 100.00 | AA | 1,214,050 | ||
1,465 | Municipal Electric Authority of Georgia, General Resolution Projects Subordinated Bonds, Series 20188HH, 5.000%, 1/01/44 | 1/28 at 100.00 | A1 | 1,776,928 | ||
3,490 | Total Georgia | 4,046,297 | ||||
Hawaii – 1.9% (1.5% of Total Investments) | ||||||
3,000 | Honolulu City and County, Hawaii, Wastewater System Revenue Bonds, First Bond Resolution, Senior Series 2018A, 5.000%, 7/01/37 | 1/28 at 100.00 | Aa2 | 3,699,450 | ||
Illinois – 11.0% (8.6% of Total Investments) | ||||||
670 | Cook County, Illinois, General Obligation Bonds, Refunding Series 2021A, 5.000%, 11/15/33 | 11/30 at 100.00 | A+ | 884,380 | ||
2,500 | Cook County, Illinois, General Obligation Bonds, Tender Option Bond Trust 2015-XF1007, 17.619%, 11/15/25, 144A (IF) (4) | 11/22 at 100.00 | A+ | 3,072,875 | ||
4,000 | Illinois Municipal Electric Agency, Power Supply System Revenue Bonds, Refunding Series 2015A, 5.000%, 2/01/27 | 8/25 at 100.00 | A1 | 4,699,520 | ||
2,500 | Illinois State, General Obligation Bonds, November Series 2017D, 5.000%, 11/01/27 | No Opt. Call | BBB | 3,079,900 | ||
5,000 | Illinois State, General Obligation Bonds, Series 2013, 5.000%, 7/01/23 | No Opt. Call | BBB | 5,423,150 | ||
290 | Madison, Macoupin, Jersey, Calhoun, Morgan, Scott, and Greene Counties Community College District 536, Illinois, General Obligation Bonds, Lewis & Clark Community College, Refunding Series 2017A, 5.000%, 11/01/33 – AGM Insured | 11/26 at 100.00 | AA | 350,645 | ||
665 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2020A, 4.000%, 6/15/50 | 12/29 at 100.00 | BBB+ | 757,255 | ||
1,000 | Southwestern Illinois Development Authority, Local Government Revenue Bonds, Edwardsville Community Unit School District 7 Project, Series 2007, 0.000%, 12/01/22 – AGM Insured | No Opt. Call | AA | 991,720 | ||
2,000 | Springfield, Illinois, Electric Revenue Bonds, Refunding Senior Lien Series 2015, 5.000%, 3/01/33 | 3/25 at 100.00 | A | 2,300,500 | ||
18,625 | Total Illinois | 21,559,945 | ||||
Indiana – 1.4% (1.1% of Total Investments) | ||||||
990 | Indiana Finance Authority, Educational Facilities Revenue Bonds, 21st Century Charter School Project, Series 2013A, 6.000%, 3/01/33 | 3/23 at 100.00 | B+ | 1,016,898 | ||
1,500 | Indiana Finance Authority, Lease Appropriation Bonds, Stadium Project, Refunding Series 2015A, 5.000%, 2/01/25 | No Opt. Call | AA+ | 1,742,115 | ||
2,490 | Total Indiana | 2,759,013 | ||||
Kentucky – 3.4% (2.7% of Total Investments) | ||||||
1,000 | Kentucky Bond Development Corporation, Transient Room Tax Revenue Bonds, Lexington Center Corporation Project, Series 2018A, 5.000%, 9/01/43 | 9/28 at 100.00 | A2 | 1,219,380 |
4
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Kentucky (continued) | ||||||
Kentucky Economic Development Finance Authority, Revenue Bonds, Next Generation Kentucky Information Highway Project, Senior Series 2015A: | ||||||
$925 | 4.250%, 7/01/35 | 7/25 at 100.00 | BBB+ | $1,000,998 | ||
1,400 | 5.000%, 1/01/45 | 7/25 at 100.00 | BBB+ | 1,546,384 | ||
3,000 | Kentucky Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds, Downtown Crossing Project, Capital Appreciation Series 2013B, 0.000%, 7/01/23 | No Opt. Call | Baa2 | 2,956,470 | ||
6,325 | Total Kentucky | 6,723,232 | ||||
Louisiana – 0.9% (0.7% of Total Investments) | ||||||
530 | New Orleans Aviation Board, Louisiana, Special Facility Revenue Bonds, Parking Facilities Corporation Consolidated Garage System, Series 2018A, 5.000%, 10/01/43 – AGM Insured | 10/28 at 100.00 | AA | 647,962 | ||
1,000 | New Orleans, Louisiana, Water Revenue Bonds, Refunding Series 2014, 5.000%, 12/01/22 | No Opt. Call | A- | 1,059,270 | ||
1,530 | Total Louisiana | 1,707,232 | ||||
Maine – 2.8% (2.2% of Total Investments) | ||||||
1,000 | Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2013, 5.000%, 7/01/33 (Pre-refunded 7/01/23) | 7/23 at 100.00 | BBB (5) | 1,086,880 | ||
Maine Health and Higher Educational Facilities Authority Revenue Bonds, MaineHealth Issue, Series 2018A: | ||||||
435 | 5.000%, 7/01/43 | 7/28 at 100.00 | A+ | 531,100 | ||
565 | 5.000%, 7/01/48 | 7/28 at 100.00 | A+ | 685,639 | ||
Maine Turnpike Authority, Special Obligation Bonds, Series 2014: | ||||||
620 | 5.000%, 7/01/25 | 7/24 at 100.00 | A+ | 701,077 | ||
340 | 5.000%, 7/01/27 | 7/24 at 100.00 | A+ | 383,020 | ||
1,850 | 5.000%, 7/01/29 | 7/24 at 100.00 | A+ | 2,082,971 | ||
4,810 | Total Maine | 5,470,687 | ||||
Maryland – 0.5% (0.4% of Total Investments) | ||||||
615 | Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017, 5.000%, 9/01/34 | 9/27 at 100.00 | CCC | 663,277 | ||
310 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Frederick Memorial Hospital Issue, Series 2012A, 5.000%, 7/01/22 | No Opt. Call | A- | 320,838 | ||
925 | Total Maryland | 984,115 | ||||
Massachusetts – 0.5% (0.4% of Total Investments) | ||||||
Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Series 2012C: | ||||||
80 | 5.000%, 7/01/29 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R (5) | 83,218 | ||
420 | 5.000%, 7/01/29 | 7/22 at 100.00 | BBB | 435,133 | ||
500 | 5.000%, 7/01/29 (Pre-refunded 7/01/22) | 7/22 at 100.00 | Baa2 (5) | 520,115 | ||
1,000 | Total Massachusetts | 1,038,466 |
5
NIQ | Nuveen Intermediate Duration Quality Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Michigan – 7.7% (6.1% of Total Investments) | ||||||
$1,000 | Detroit City School District, Wayne County, Michigan, General Obligation Bonds, Tender Option Bond Trust 3308, 23.210%, 5/01/30 – AGM Insured, 144A (IF) (4) | No Opt. Call | Aa1 | $2,787,790 | ||
5 | Detroit, Michigan, Sewer Disposal System Revenue Bonds, Second Lien, Series 2006B, 5.000%, 7/01/36 – FGIC Insured | 10/21 at 100.00 | A+ | 5,020 | ||
5 | Detroit, Michigan, Water Supply System Revenue Bonds, Second Lien Series 2003B, 5.000%, 7/01/34 – NPFG Insured | 10/21 at 100.00 | A+ | 5,020 | ||
370 | Flint Hospital Building Authority, Michigan, Building Authority Revenue Bonds, Hurley Medical Center, Series 2013A, 5.000%, 7/01/23 | No Opt. Call | BBB- | 389,673 | ||
2,325 | Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020, 4.000%, 11/01/36 | 11/30 at 100.00 | AA | 2,797,091 | ||
2,020 | Michigan Finance Authority, Hospital Revenue Bonds, Crittenton Hospital Medical Center, Refunding Series 2012A, 4.125%, 6/01/32 (Pre-refunded 6/01/22) | 6/22 at 100.00 | N/R (5) | 2,079,933 | ||
3,000 | Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water & Sewerage Department Water Supply System Local Project, Refunding Senior Loan Series 2014D-1, 5.000%, 7/01/23 – AGM Insured | No Opt. Call | AA | 3,259,080 | ||
1,500 | Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2007 Sold Tobacco Receipts, Series 2020B-1-CL2, 5.000%, 6/01/49 | 12/30 at 100.00 | BBB- | 1,835,580 | ||
1,500 | Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2019-I, 5.000%, 4/15/36 | 10/29 at 100.00 | Aa2 | 1,938,645 | ||
11,725 | Total Michigan | 15,097,832 | ||||
Minnesota – 1.2% (1.0% of Total Investments) | ||||||
2,000 | Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A, 4.250%, 2/15/43 | 2/28 at 100.00 | A- | 2,300,460 | ||
100 | Saint Paul Housing and Redevelopment Authority, Minnesota, Lease Revenue Bonds, Saint Paul Conservatory for Performing Artists Charter School Project, Series 2013A, 3.700%, 3/01/22 | No Opt. Call | BB | 101,005 | ||
2,100 | Total Minnesota | 2,401,465 | ||||
Mississippi – 1.1% (0.9% of Total Investments) | ||||||
Mississippi Development Bank Special Obligation Bonds, Marshall County Industrial Development Authority, Mississippi Highway Construction Project, Tender Option Bond Trust 3315: | ||||||
800 | 22.453%, 1/01/24 (Pre-refunded 1/01/22), 144A (IF) (4) | 1/22 at 100.00 | AA- (5) | 864,888 | ||
1,000 | 22.453%, 1/01/25 (Pre-refunded 1/01/22), 144A (IF) (4) | 1/22 at 100.00 | AA- (5) | 1,081,110 | ||
200 | 22.453%, 1/01/26 (Pre-refunded 1/01/22), 144A (IF) (4) | 1/22 at 100.00 | AA- (5) | 216,222 | ||
2,000 | Total Mississippi | 2,162,220 | ||||
Missouri – 1.6% (1.3% of Total Investments) | ||||||
3,000 | Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Plum Point Project, Refunding Series 2014A, 5.000%, 1/01/23 | No Opt. Call | A | 3,187,080 |
6
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Montana – 1.4% (1.1% of Total Investments) | ||||||
Montana Facility Finance Authority, Healthcare Facility Revenue Bonds, Kalispell Regional Medical Center, Series 2018B: | ||||||
$985 | 5.000%, 7/01/28 | No Opt. Call | BBB | $1,208,831 | ||
1,270 | 5.000%, 7/01/29 | 7/28 at 100.00 | BBB | 1,552,728 | ||
2,255 | Total Montana | 2,761,559 | ||||
Nebraska – 1.6% (1.3% of Total Investments) | ||||||
3,000 | Central Plains Energy Project, Nebraska, Gas Project 3 Revenue Bonds, Series 2012, 5.000%, 9/01/32 | 9/22 at 100.00 | A2 | 3,141,240 | ||
Nevada – 2.5% (1.9% of Total Investments) | ||||||
515 | Carson City, Nevada, Hospital Revenue Bonds, Carson Tahoe Regional Healthcare Project, Series 2017A, 5.000%, 9/01/47 | 9/27 at 100.00 | A- | 617,428 | ||
1,000 | Las Vegas Convention and Visitors Authority, Nevada, Revenue Bonds, Series 2018C, 5.250%, 7/01/43 | 7/28 at 100.00 | Aa3 | 1,230,490 | ||
Las Vegas Redevelopment Agency, Nevada, Tax Increment Revenue Bonds, Refunding Series 2016: | ||||||
1,295 | 5.000%, 6/15/26 | No Opt. Call | BBB+ | 1,546,800 | ||
1,210 | 5.000%, 6/15/27 | 6/26 at 100.00 | BBB+ | 1,439,852 | ||
4,020 | Total Nevada | 4,834,570 | ||||
New Jersey – 3.8% (3.0% of Total Investments) | ||||||
New Jersey Economic Development Authority, Cigarette Tax Revenue Refunding Bonds, Series 2012: | ||||||
2,000 | 5.000%, 6/15/24 | 6/22 at 100.00 | BBB | 2,069,200 | ||
1,000 | 5.000%, 6/15/28 | 6/22 at 100.00 | BBB | 1,034,010 | ||
New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge Replacement Project, Series 2013: | ||||||
500 | 5.000%, 1/01/22 (AMT) | No Opt. Call | A2 | 507,995 | ||
500 | 5.000%, 7/01/22 (AMT) | No Opt. Call | A2 | 520,065 | ||
620 | 5.000%, 1/01/23 (AMT) | No Opt. Call | A2 | 659,488 | ||
1,000 | New Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Tender Option Bond Trust 2016-XF2340, 3.457%, 9/01/25, 144A (IF) (4) | 3/25 at 100.00 | Baa1 | 1,074,270 | ||
1,000 | New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 1999, 5.250%, 9/15/29 (AMT) | 8/22 at 101.00 | Ba3 | 1,050,920 | ||
450 | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B, 5.000%, 6/01/46 | 6/28 at 100.00 | BB+ | 535,099 | ||
7,070 | Total New Jersey | 7,451,047 | ||||
New York – 8.7% (6.8% of Total Investments) | ||||||
495 | Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue Bonds, Catholic Health System, Inc Project, Series 2015, 5.000%, 7/01/29 | 7/25 at 100.00 | BBB | 572,616 | ||
750 | Buffalo Sewer Authority, New York, Sewer System Environmental Impact Revenue Bonds, Green Series 2021, 4.000%, 6/15/51 | 6/28 at 100.00 | A+ | 855,435 | ||
500 | Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing Program, Series 2021A, 5.000%, 10/01/32 – AGM Insured | 10/29 at 100.00 | AA | 650,925 |
7
NIQ | Nuveen Intermediate Duration Quality Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
$435 | Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series 2007, 5.500%, 10/01/37 | No Opt. Call | A2 | $656,659 | ||
3,545 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2017, 5.000%, 9/01/42 | 9/27 at 100.00 | A | 4,329,615 | ||
1,390 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020C-1, 5.000%, 11/15/50 | 5/30 at 100.00 | A3 | 1,700,373 | ||
750 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Green Climate Certified Series 2020E, 5.000%, 11/15/30 | No Opt. Call | A3 | 987,645 | ||
880 | New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes Revenue Bonds, Queens Baseball Stadium Project, Refunding Series 2021A, 5.000%, 1/01/27 – AGM Insured | No Opt. Call | AA | 1,078,510 | ||
710 | New York City, New York, General Obligation Bonds, Fiscal 2021 Series C, 5.000%, 8/01/43 | 8/30 at 100.00 | AA | 907,380 | ||
2,000 | New York Convention Center Development Corporation, New York, Revenue Bonds, Hotel Unit Fee Secured, Refunding Series 2015, 5.000%, 11/15/25 | No Opt. Call | A1 | 2,373,140 | ||
1,000 | New York State Power Authority, General Revenue Bonds, Series 2020A, 4.000%, 11/15/50 | 5/30 at 100.00 | AA | 1,179,780 | ||
560 | Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, MTA Bridges & Tunnels, Series 2021A, 5.000%, 11/01/25 | No Opt. Call | A1 | 667,475 | ||
1,000 | Triborough Bridge and Tunnel Authority, New York, Payroll Mobility Tax Bonds, Refunding Senior Lien Subseries 2021A-2, 2.000%, 5/15/45 (Mandatory Put 5/15/28) | No Opt. Call | AA+ | 1,070,110 | ||
14,015 | Total New York | 17,029,663 | ||||
North Dakota – 0.7% (0.6% of Total Investments) | ||||||
1,250 | Cass County, North Dakota, Health Care Facilities Revenue Bonds, Essential Health Obligated Group, Series 2018B, 4.250%, 2/15/43 | 2/28 at 100.00 | A- | 1,437,788 | ||
Ohio – 2.3% (1.8% of Total Investments) | ||||||
620 | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1, 4.000%, 6/01/48 | 6/30 at 100.00 | BBB+ | 712,597 | ||
2,165 | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2, 5.000%, 6/01/55 | 6/30 at 100.00 | N/R | 2,519,389 | ||
3,000 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (7) | No Opt. Call | N/R | 3,750 | ||
1,150 | Ohio State, Private Activity Bonds, Portsmouth Gateway Group, LLC - Borrower, Portsmouth Bypass Project, Series 2015, 5.000%, 12/31/27 – AGM Insured (AMT) | 6/25 at 100.00 | AA | 1,328,664 | ||
6,935 | Total Ohio | 4,564,400 | ||||
Oklahoma – 0.2% (0.1% of Total Investments) | ||||||
255 | Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B, 5.250%, 8/15/43 | 8/28 at 100.00 | Baa3 | 313,456 | ||
Oregon – 1.7% (1.4% of Total Investments) | ||||||
965 | Astoria Hospital Facilities Authority, Oregon, Hospital Revenue and Refunding Bonds, Columbia Memorial Hospital, Series 2012, 5.000%, 8/01/22 | No Opt. Call | A- | 1,006,823 |
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Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oregon (continued) | ||||||
$2,000 | Port of Portland, Oregon, International Airport Revenue Bonds, Series 2017-24B, 5.000%, 7/01/36 (AMT) | 1/27 at 100.00 | A+ | $2,388,080 | ||
2,965 | Total Oregon | 3,394,903 | ||||
Pennsylvania – 2.6% (2.0% of Total Investments) | ||||||
Erie Higher Education Building Authority, Pennsylvania, Revenue Bonds, Gannon University Project, Series 2013: | ||||||
500 | 4.000%, 5/01/22 | No Opt. Call | BBB+ | 511,325 | ||
520 | 4.000%, 5/01/23 | No Opt. Call | BBB+ | 549,208 | ||
1,700 | Pennsylvania Economic Development Financing Authority, Private Activity Revenue Bonds, Pennsylvania Rapid Bridge Replacement Project, Series 2015, 5.000%, 6/30/28 (AMT) | 6/26 at 100.00 | BBB | 2,048,330 | ||
1,000 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2021A, 4.000%, 12/01/43 | 12/30 at 100.00 | A | 1,191,730 | ||
285 | Pittsburgh Water and Sewer Authority, Pennsylvania, Water and Sewer System Revenue Bonds, Refunding Subordinate Series 2019B, 4.000%, 9/01/34 – AGM Insured | 9/29 at 100.00 | AA | 343,850 | ||
435 | Southcentral Pennsylvania General Authority, Revenue Bonds, Hanover Hospital Inc, Series 2013, 5.000%, 12/01/21 | No Opt. Call | A | 440,133 | ||
4,440 | Total Pennsylvania | 5,084,576 | ||||
Puerto Rico – 1.6% (1.3% of Total Investments) | ||||||
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1: | ||||||
660 | 4.500%, 7/01/34 | 7/25 at 100.00 | N/R | 730,713 | ||
2,175 | 4.550%, 7/01/40 | 7/28 at 100.00 | N/R | 2,502,816 | ||
2,835 | Total Puerto Rico | 3,233,529 | ||||
South Carolina – 2.8% (2.2% of Total Investments) | ||||||
1,000 | Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Refunding Series 2021A, 4.000%, 1/01/25 | No Opt. Call | A- | 1,120,770 | ||
2,000 | South Carolina Public Service Authority, Electric System Revenue Bonds, Santee Cooper, Refunding Series 2012D, 5.000%, 12/01/43 (Pre-refunded 6/01/22) | 6/22 at 100.00 | A (5) | 2,073,160 | ||
2,000 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2014B, 5.000%, 12/01/31 | 6/24 at 100.00 | A | 2,229,440 | ||
5,000 | Total South Carolina | 5,423,370 | ||||
Tennessee – 7.8% (6.2% of Total Investments) | ||||||
Greeneville Health and Educational Facilities Board, Tennessee, Hospital Revenue Bonds, Ballad Health, Series 2018A: | ||||||
1,000 | 5.000%, 7/01/36 | 7/28 at 100.00 | A | 1,234,600 | ||
1,605 | 5.000%, 7/01/37 | 7/28 at 100.00 | A | 1,976,782 | ||
2,290 | Jackson, Tennessee, Hospital Revenue Bonds, Jackson-Madison County General Hospital Project, Series 2018A, 5.000%, 4/01/35 | 10/28 at 100.00 | A | 2,824,807 |
9
NIQ | Nuveen Intermediate Duration Quality Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
Knox County Health, Educational, and Housing Facility Board, Tennessee, Hospital Revenue Bonds, Covenant Health, Refunding Series 2012A: | ||||||
$1,440 | 5.000%, 1/01/25 | 1/23 at 100.00 | A+ | $1,525,219 | ||
2,170 | 5.000%, 1/01/26 | 1/23 at 100.00 | A+ | 2,294,818 | ||
450 | Metropolitan Government of Nashville-Davidson County, Tennessee, Water and Sewerage Revenue Bonds, Green Series 2017A, 5.000%, 7/01/42 | 7/27 at 100.00 | AA | 552,902 | ||
1,400 | The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006B, 5.625%, 9/01/26 | No Opt. Call | BBB | 1,714,062 | ||
The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006C: | ||||||
1,490 | 5.000%, 2/01/24 | No Opt. Call | A | 1,652,276 | ||
1,365 | 5.000%, 2/01/25 | No Opt. Call | A | 1,569,204 | ||
13,210 | Total Tennessee | 15,344,670 | ||||
Texas – 5.6% (4.4% of Total Investments) | ||||||
1,225 | Bexar County Hospital District, Texas, Certificates of Obligation, Series 2020, 5.000%, 2/15/45 | 2/29 at 100.00 | Aa1 | 1,533,210 | ||
500 | Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Subordinate Lien Series 2013, 5.000%, 1/01/22 | No Opt. Call | BBB+ | 507,715 | ||
1,070 | Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Subordinate Lien Series 2020G, 4.000%, 1/01/45 | 1/30 at 100.00 | BBB+ | 1,240,654 | ||
2,000 | Gulf Coast Industrial Development Authority, Texas, Solid Waste Disposal Revenue Bonds, Citgo Petroleum Corporation Project, Series 1995, 4.875%, 5/01/25 (AMT) | 10/22 at 100.00 | BB | 2,043,380 | ||
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Refunding Second Lien Series 2014C: | ||||||
1,660 | 5.000%, 11/15/23 | No Opt. Call | Baa1 | 1,805,217 | ||
960 | 5.000%, 11/15/25 | 11/24 at 100.00 | Baa1 | 1,075,632 | ||
1,005 | Harris County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004A-3, 0.000%, 11/15/33 – NPFG Insured | 11/24 at 59.10 | Baa2 | 546,861 | ||
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Scott & White Healthcare Project, Tender Option Bond Trust 2016-XG0058: | ||||||
100 | 22.833%, 8/15/22, 144A (IF) (4) | No Opt. Call | AA- | 123,079 | ||
155 | 22.618%, 8/15/24 (Pre-refunded 8/15/23), 144A (IF) (4) | 8/23 at 100.00 | AA- (5) | 226,922 | ||
200 | 22.833%, 8/15/26 (Pre-refunded 8/15/23), 144A (IF) (4) | 8/23 at 100.00 | AA- (5) | 293,708 | ||
175 | 22.575%, 8/15/27 (Pre-refunded 8/15/23), 144A (IF) (4) | 8/23 at 100.00 | AA- (5) | 256,044 | ||
1,055 | Texas Municipal Gas Acquisition and Supply Corporation I, Gas Supply Revenue Bonds, Senior Lien Series 2008D, 6.250%, 12/15/26 | No Opt. Call | A2 | 1,237,599 | ||
10,105 | Total Texas | 10,890,021 | ||||
Utah – 0.6% (0.5% of Total Investments) | ||||||
435 | Utah Water Finance Agency, Revenue Bonds, Pooled Loan Financing Program, Series 2017A, 5.000%, 3/01/35 | 3/27 at 100.00 | AA | 526,089 | ||
600 | Utah Water Finance Agency, Revenue Bonds, Pooled Loan Financing Program, Series 2017C, 5.000%, 3/01/34 | 3/27 at 100.00 | AA+ | 727,956 | ||
1,035 | Total Utah | 1,254,045 |
10
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Virgin Islands – 0.1% (0.1% of Total Investments) | ||||||
$175 | Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2012A, 4.000%, 10/01/22 – AGM Insured | No Opt. Call | AA | $178,274 | ||
Virginia – 0.8% (0.6% of Total Investments) | ||||||
1,340 | Chesapeake Bay Bridge and Tunnel District, Virginia, General Resolution Revenue Bonds, First Tier Series 2016, 5.000%, 7/01/41 – AGM Insured | 7/26 at 100.00 | AA | 1,589,294 | ||
Washington – 1.4% (1.1% of Total Investments) | ||||||
700 | Port of Seattle, Washington, Revenue Bonds, Intermediate Lien Series 2015A, 5.000%, 4/01/27 | 10/24 at 100.00 | AA- | 796,586 | ||
210 | Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Refunding Series2021B Exchange Purchase, 4.000%, 7/01/34 | 7/31 at 100.00 | Baa1 | 251,280 | ||
1,550 | Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Refunding Subordinate Series2021B Exchange Purchase, 4.000%, 7/01/43 | 7/31 at 100.00 | Baa3 | 1,793,086 | ||
2,460 | Total Washington | 2,840,952 | ||||
Wisconsin – 0.3% (0.2% of Total Investments) | ||||||
University of Wisconsin Hospitals and Clinics Authority, Revenue Bonds, Tender Option Bond Trust 2015-XF0127: | ||||||
50 | 21.298%, 4/01/22, 144A (IF) (4) | No Opt. Call | AA- | 56,816 | ||
100 | 22.158%, 4/01/23, 144A (IF) (4) | No Opt. Call | AA- | 138,280 | ||
185 | 21.751%, 4/01/24, 144A (IF) (4) | 4/23 at 100.00 | AA- | 253,726 | ||
100 | 22.158%, 4/01/25, 144A (IF) (4) | 4/23 at 100.00 | AA- | 137,700 | ||
435 | Total Wisconsin | 586,522 | ||||
$211,869 | Total Municipal Bonds (cost $226,517,395) | 245,369,692 |
Shares | Description (1) | Value | ||||
COMMON STOCKS – 1.9% (1.5% of Total Investments) | ||||||
Electric Utilities – 1.9% (1.5% of Total Investments) | ||||||
97,015 | Energy Harbor Corp (8), (9), (10) | $3,670,368 | ||||
Total Common Stocks (cost $2,765,568) | 3,670,368 | |||||
Total Long-Term Investments (cost $229,282,963) | 249,040,060 | |||||
Adjustable Rate MuniFund Term Preferred Shares, net of deferred offering costs – (28.0)% (11) | (54,950,826) | |||||
Other Assets Less Liabilities – 1.1% | 2,167,183 | |||||
Net Assets Applicable to Common Shares – 100% | $196,256,417 |
11
NIQ | Nuveen Intermediate Duration Quality Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Part F of Form N-PORT was prepared
in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”)
related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial
statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the
Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities
are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. 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. U.S. GAAP establishes the three-tier hierarchy which 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 management’s 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, credit spreads, etc.).
Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The following table summarizes the
market value of the Fund’s investments as of the end of the reporting period, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | Total | |
Long-Term Investments: | ||||
Municipal Bonds | $ — | $245,369,692 | $ — | $245,369,692 |
Common Stocks | — | 3,670,368 | — | 3,670,368 |
Total | $ — | $249,040,060 | $ — | $249,040,060 |
(1) | All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted. | |
(2) | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
(4) | Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions. | |
(5) | Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest. | |
(6) | Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period. | |
(7) | Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy. | |
(8) | For fair value measurement disclosure purposes, investment classified as Level 2. | |
(9) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(10) | Common Stock received as part of the bankruptcy settlement during February 2020 for Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23. | |
(11) | Adjustable Rate MuniFund Term Preferred Shares, net of deferred offering cost as a percentage of Total Investments is 22.1%. | |
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. | |
AMT | Alternative Minimum Tax | |
ETM | Escrowed to maturity | |
IF | Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust. |
12