NID
Nuveen Intermediate Duration
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 – 125.8% (100.0% of Total Investments) | ||||||
MUNICIPAL BONDS – 120.6% (95.8% of Total Investments) | ||||||
Alabama – 0.1% (0.1% of Total Investments) | ||||||
$755 | Hoover Industrial Development Board, Alabama, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Series 2019, 5.750%, 10/01/49 (AMT) | 10/29 at 100.00 | B | $908,386 | ||
Arizona – 1.0% (0.8% of Total Investments) | ||||||
2,000 | Arizona Health Facilities Authority, Hospital System Revenue Bonds, Phoenix Children's Hospital, Refunding Series 2012A, 5.000%, 2/01/27 | 2/22 at 100.00 | AA- | 2,039,340 | ||
680 | Estrella Mountain Ranch Community Facilities District, Goodyear City, Arizona, Special Assessment Revenue Bonds, Montecito Assessment District 2, Series 2015, 4.750%, 7/01/30, 144A | 7/25 at 100.00 | N/R | 720,705 | ||
455 | Florence Town Inc, Industrial Development Authority, Arizona, Education Revenue Bonds, Legacy Traditional School Project - Queen Creek and Casa Grande Campuses, Series 2013, 5.000%, 7/01/23 | No Opt. Call | BB+ | 477,668 | ||
2,000 | Phoenix Civic Improvement Corporation, Arizona, Rental Car Facility Charge Revenue Bonds, Series 2019A, 5.000%, 7/01/32 | 7/29 at 100.00 | A3 | 2,487,480 | ||
290 | Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Legacy Traditional Schools Projects, Series 2015, 5.000%, 7/01/45, 144A | 7/25 at 100.00 | BB+ | 313,667 | ||
1,000 | Phoenix Industrial Development Authority, Arizona, Lease Revenue Bonds, Guam Facilities Foundation, Inc Project, Series 2014, 5.125%, 2/01/34 | 2/24 at 100.00 | B+ | 1,033,540 | ||
6,425 | Total Arizona | 7,072,400 | ||||
Arkansas – 0.4% (0.3% of Total Investments) | ||||||
2,665 | Arkansas Development Finance Authority, Industrial Development Revenue Bonds, Big River Steel Project, Series 2019, 4.500%, 9/01/49 (AMT), 144A | 9/26 at 103.00 | Ba3 | 2,976,459 | ||
California – 11.9% (9.4% of Total Investments) | ||||||
1,850 | Alameda Corridor Transportation Authority, California, Revenue Bonds, Refunding Second Subordinate Lien Series 2016B, 4.000%, 10/01/35 – AGM Insured | 10/26 at 100.00 | AA | 2,101,341 | ||
2,490 | Alvord Unified School District, Riverside County, California, General Obligation Bonds, Tender Option Bond Trust 2016-XG0089, 27.157%, 8/01/30, 144A (IF) (4) | No Opt. Call | AA | 5,468,961 | ||
750 | Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Tender Option Bond Trust 2016-XG0019, 3.361%, 4/01/36, 144A (IF) (4) | 10/26 at 100.00 | AA | 885,645 | ||
3,440 | California Community Housing Agency, California, Essential Housing Revenue Bonds, Serenity at Larkspur Apartments, Series 2020A, 5.000%, 2/01/50, 144A | 2/30 at 100.00 | N/R | 3,972,890 | ||
400 | California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020A, 4.000%, 6/01/40 | 6/30 at 100.00 | A- | 483,884 | ||
9 | California Housing Finance Agency, Municipal Certificate Revenue Bonds, Class A Series 2019-2, 4.000%, 3/20/33 | No Opt. Call | BBB+ | 11,641 |
1
NID | Nuveen Intermediate Duration 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) | ||||||
California Municipal Finance Authority, Revenue Bonds, NorthBay Healthcare Group, Series 2017A: | ||||||
$1,095 | 5.250%, 11/01/29 | 11/26 at 100.00 | BBB- | $1,304,966 | ||
1,140 | 5.000%, 11/01/30 | 11/26 at 100.00 | BBB- | 1,336,376 | ||
1,000 | California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, Poseidon Resources Channelside LP Desalination Project, Series 2012, 5.000%, 11/21/45 (AMT), 144A | 7/22 at 100.00 | BBB | 1,048,670 | ||
California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2014A: | ||||||
500 | 5.250%, 12/01/29 | 12/24 at 100.00 | BB | 569,655 | ||
2,500 | 5.250%, 12/01/34 | 12/24 at 100.00 | BB | 2,841,900 | ||
2,500 | 5.250%, 12/01/44 | 12/24 at 100.00 | BB | 2,832,100 | ||
1,713 | 5.500%, 12/01/54 | 12/24 at 100.00 | BB | 1,947,424 | ||
2,300 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A, 5.000%, 12/01/27, 144A | 6/26 at 100.00 | BB | 2,690,632 | ||
2,765 | California Statewide Community Development Authority, Certificates of Participation, Methodist Hospital of Southern California, Series 2018, 4.250%, 1/01/43 | 1/28 at 100.00 | BBB+ | 3,130,395 | ||
5,000 | Compton Community Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Projects, Second Lien Series 2010B, 5.750%, 8/01/26 | 10/21 at 100.00 | N/R | 5,020,500 | ||
5,000 | Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Senior Lien Series 2021A, 4.000%, 1/15/46 | 1/31 at 100.00 | A- | 5,820,100 | ||
3,000 | Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Series 2013A, 0.000%, 1/15/29 – AGM Insured (5) | No Opt. Call | AA | 3,435,390 | ||
Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2018A-1: | ||||||
2,000 | 5.000%, 6/01/30 | 6/28 at 100.00 | BBB | 2,505,840 | ||
3,260 | 5.000%, 6/01/32 | 6/28 at 100.00 | BBB | 4,058,244 | ||
5,290 | 5.000%, 6/01/33 | 6/28 at 100.00 | BBB | 6,566,213 | ||
3,805 | 5.000%, 6/01/34 | 6/28 at 100.00 | BBB- | 4,705,986 | ||
1,415 | 5.000%, 6/01/35 | 6/28 at 100.00 | BB+ | 1,727,574 | ||
1,665 | 3.500%, 6/01/36 | 6/22 at 100.00 | BB | 1,691,873 | ||
100 | Indio Redevelopment Agency, California, Tax Allocation Bonds, Merged Area Redevelopment Project, Subordinate Lien Refunding Series 2008A, 5.000%, 8/15/23 | 10/21 at 100.00 | A | 100,424 | ||
2,315 | Lake Elsinore Public Financing Authority, California, Local Agency Revenue Bonds, Refunding Series 2015, 5.000%, 9/01/35 | 9/25 at 100.00 | N/R | 2,624,400 | ||
4,100 | Natomas Unified School District, Sacramento County, California, General Obligation Bonds, Election 2018, Series 2019, 3.000%, 8/01/46 – AGM Insured (UB) (4) | 8/26 at 100.00 | AA | 4,272,282 | ||
700 | Redwood City, California, Special Tax Refunding Bonds, Redwood Shores Community Facilities District 99-1, Shores Transportation Improvement Project, Series 2012B, 5.000%, 9/01/29 | 9/22 at 100.00 | N/R | 727,279 | ||
1,975 | Riverside County Redevelopment Agency Successor Agency, California, Tax Allocation Bonds, Refunding Series 2014A, 5.000%, 10/01/34 – AGM Insured | 10/24 at 100.00 | AA | 2,233,488 | ||
85 | Riverside County, California, Special Tax Bonds, Community Facilities District 05-8 Scott Road, Series 2013, 4.000%, 9/01/21 | No Opt. Call | N/R | 85,000 |
2
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$500 | Roseville, California, Special Tax Bonds, Community Facilities District 1 Westbrook, Series 2014, 5.000%, 9/01/29 | 9/24 at 100.00 | N/R | $558,895 | ||
2,395 | San Bernardino Joint Powers Financing Authority, California, Tax Allocation Bonds, Series 2005A, 5.750%, 10/01/24 – AGM Insured | No Opt. Call | AA | 2,789,959 | ||
440 | San Buenaventura, California, Revenue Bonds, Community Memorial Health System, Series 2011, 7.500%, 12/01/41 (Pre-refunded 12/01/21) | 12/21 at 100.00 | BB (6) | 447,898 | ||
1,500 | Tejon Ranch Public Facilities Financing Authority, California, Special Tax Bonds, Community Facilities District 2008-1 Tejon Industrial Complex East 2012A, 5.000%, 9/01/32 | 3/23 at 100.00 | N/R | 1,580,325 | ||
1,500 | Tejon Ranch Public Facilities Financing Authority, California, Special Tax Bonds, Community Facilities District 2008-1 Tejon Industrial Complex East 2012B, 5.000%, 9/01/32 | 3/23 at 100.00 | N/R | 1,581,015 | ||
70,497 | Total California | 83,159,165 | ||||
Colorado – 2.7% (2.1% of Total Investments) | ||||||
Colorado Bridge Enterprise, Revenue Bonds, Central 70 Project, Senior Series 2017: | ||||||
750 | 4.000%, 12/31/30 (AMT) | 12/27 at 100.00 | A- | 868,275 | ||
250 | 4.000%, 6/30/31 (AMT) | 12/27 at 100.00 | A- | 288,915 | ||
645 | Colorado Educational and Cultural Facilities Authority, Charter School Refunding Revenue Bonds, Pinnacle Charter School, Inc K-8 Facility Project, Series 2013, 5.000%, 6/01/29 | 6/23 at 100.00 | A+ | 689,066 | ||
50 | Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Littleton Preparatory Charter School, Series 2013, 5.000%, 12/01/22 | No Opt. Call | BB+ | 51,459 | ||
3,270 | Colorado Springs, Colorado, Utilities System Revenue Bonds, Tender Option Bond Trust 2015-XF0223, 14.311%, 11/15/30, 144A (IF) (4) | 11/22 at 100.00 | AA+ | 3,853,630 | ||
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 | ||
2,000 | Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016, 5.000%, 12/01/26 | No Opt. Call | Baa2 | 2,419,040 | ||
1,000 | Plaza Metropolitan District 1, Lakewood, Colorado, Tax Increment Revenue Bonds, Refunding Series 2013, 5.000%, 12/01/21, 144A | No Opt. Call | N/R | 1,009,100 | ||
1,900 | Rangely Hospital District, Rio Blanco County, Colorado, General Obligation Bonds, Refunding Series 2011, 6.000%, 11/01/26 | 11/21 at 100.00 | Baa3 | 1,917,993 | ||
205 | SouthGlenn Metropolitan District, Colorado, Special Revenue Bonds, Refunding Series 2016, 3.000%, 12/01/21 | No Opt. Call | N/R | 205,650 | ||
3,150 | Westminster Economic Development Authority, Colorado, Tax Increment Revenue Bonds, Mandalay Gardens Urban Renewal Project, Series 2012, 5.000%, 12/01/27 | 12/22 at 100.00 | AA- | 3,334,243 | ||
14,975 | Total Colorado | 18,576,878 |
3
NID | Nuveen Intermediate Duration Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Connecticut – 0.3% (0.2% of Total Investments) | ||||||
$900 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital, Series 2012J, 5.000%, 7/01/37 | 7/22 at 100.00 | BBB+ | $935,442 | ||
7,995 | Mashantucket Western Pequot Tribe, Connecticut, Special Revenue Bonds, Subordinate Series 2013A, 6.050%, 7/01/31 (cash 4.000%, PIK 2.050%) (7) | No Opt. Call | N/R | 1,199,226 | ||
8,895 | Total Connecticut | 2,134,668 | ||||
District of Columbia – 0.5% (0.4% of Total Investments) | ||||||
335 | District of Columbia Student Dormitory Revenue Bonds, Provident Group - Howard Properties LLC Issue, Series 2013, 4.000%, 10/01/21 | No Opt. Call | BB- | 335,801 | ||
800 | District of Columbia, Revenue Bonds, District of Columbia International School, Series 2019, 5.000%, 7/01/39 | 7/29 at 100.00 | BBB | 978,608 | ||
355 | District of Columbia, Revenue Bonds, Ingleside at Rock Creek Project, Series 2017A, 4.125%, 7/01/27 | 7/24 at 103.00 | N/R | 380,269 | ||
District of Columbia, Tax Increment Revenue Bonds, Gallery Place Project, Tender Option Bond Trust 2016-XF2341: | ||||||
745 | 21.849%, 6/01/29, 144A (IF) (4) | 6/21 at 100.00 | AA+ | 759,915 | ||
785 | 21.768%, 6/01/30, 144A (IF) (4) | 6/21 at 100.00 | AA+ | 800,527 | ||
520 | 21.849%, 6/01/31, 144A (IF) (4) | 6/21 at 100.00 | AA+ | 530,363 | ||
3,540 | Total District of Columbia | 3,785,483 | ||||
Florida – 10.6% (8.4% 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 | ||
520 | Ave Maria Stewardship Community District, Florida, Capital Improvement Revenue Bonds, Series 2015, 5.000%, 5/01/30 | 5/25 at 100.00 | N/R | 555,573 | ||
7,200 | Cape Coral Health Facilities Authority, Florida, Senior Housing Revenue Bonds, Gulf Care Inc Project, Series 2015, 5.750%, 7/01/30, 144A | 7/25 at 100.00 | N/R | 7,864,704 | ||
1,570 | 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 | 1,576,406 | ||
345 | Collier County Educational Facilities Authority, Florida, Revenue Bonds, Ave Maria University, Refunding Series 2013A, 4.500%, 6/01/23 | No Opt. Call | BBB- | 360,411 | ||
125 | Corkscrew Farms Community Development District, Lee County, Florida, Special Assessment Bonds, Area One Project, Series 2016, 3.500%, 11/01/21 | No Opt. Call | N/R | 125,315 | ||
Escambia County Health Facilities Authority, Florida, Health Care Facilities Revenue Bonds, Baptist Health Care Corporation Obligated, Series 2020A: | ||||||
2,500 | 4.000%, 8/15/45 | 2/30 at 100.00 | BBB+ | 2,858,000 | ||
5,675 | 4.000%, 8/15/45 (UB) (4) | 2/30 at 100.00 | BBB+ | 6,487,660 | ||
7,500 | Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Brightline Passenger Rail Project, Green Series 2019B, 7.375%, 1/01/49 (AMT), 144A | 1/24 at 107.00 | N/R | 8,246,400 | ||
6,865 | Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project , Series 2019A, 6.250%, 1/01/49 (AMT) (Mandatory Put 1/01/24), 144A | 10/21 at 103.00 | N/R | 7,061,614 | ||
335 | Grand Bay at Doral Community Development District, Miami-Dade County, Florida, Special Assessment Bonds, Doral Breeze Project Series 2012, 5.125%, 11/01/22 | No Opt. Call | N/R | 343,137 |
4
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
Lake Powell Residential Golf Community Development District, Bay County, Florida, Special Assessment Revenue Refunding Bonds, Series 2012: | ||||||
$355 | 5.250%, 11/01/22 | No Opt. Call | N/R | $363,776 | ||
1,235 | 5.750%, 11/01/32 | 11/23 at 100.00 | N/R | 1,312,793 | ||
1,400 | Lee County Industrial Development Authority, Florida, Charter School Revenue Bonds, Lee County Community Charter Schools, Series 2007A, 5.250%, 6/15/27 | 9/21 at 100.00 | BB- | 1,403,108 | ||
Miami-Dade County Expressway Authority, Florida, Toll System Revenue Bonds, Tender Option Bond Trust 2016-XG0099: | ||||||
700 | 21.850%, 7/01/22, 144A (IF) (4) | No Opt. Call | A | 837,326 | ||
820 | 21.850%, 7/01/23, 144A (IF) (4) | 7/22 at 100.00 | A | 985,082 | ||
1,115 | 21.850%, 7/01/24, 144A (IF) (4) | 7/22 at 100.00 | A | 1,338,524 | ||
800 | 21.850%, 7/01/25, 144A (IF) (4) | 7/22 at 100.00 | A | 959,344 | ||
185 | Miromar Lakes Community Development District, Lee County, Florida, Capital Improvement Revenue Bonds, Refunding Series 2012, 4.875%, 5/01/22 | No Opt. Call | N/R | 189,274 | ||
330 | Northern Palm Beach County Improvement District, Florida, Water Control and Improvement Bonds, Development Unit 16, Refunding Series 2012, 5.125%, 8/01/22 | No Opt. Call | N/R | 341,200 | ||
Osceola County, Florida, Transportation Revenue Bonds, Osceola Parkway, Refunding & Improvement Capital Appreciation Series 2019A-2: | ||||||
1,500 | 0.000%, 10/01/40 | 10/29 at 68.72 | BBB+ | 851,655 | ||
2,000 | 0.000%, 10/01/41 | 10/29 at 66.18 | BBB+ | 1,089,360 | ||
2,000 | 0.000%, 10/01/42 | 10/29 at 63.69 | BBB+ | 1,044,400 | ||
1,000 | 0.000%, 10/01/44 | 10/29 at 59.08 | BBB+ | 481,760 | ||
4,000 | 0.000%, 10/01/45 | 10/29 at 56.95 | BBB+ | 1,853,200 | ||
500 | Palm Beach County Health Facilities Authority, Florida, Hospital Revenue Bonds, BRCH Corporation Obligated Group, Refunding Series 2014, 5.000%, 12/01/25 (Pre-refunded 12/01/24) | 12/24 at 100.00 | N/R (6) | 576,935 | ||
900 | Palm Beach County Health Facilities Authority, Florida, Revenue Bonds, Jupiter Medical Center, Series 2013A, 5.000%, 11/01/33 | 11/22 at 100.00 | BBB+ | 932,922 | ||
365 | Palm Beach County, Florida, Revenue Bonds, Provident Group - PBAU Properties LLC - Palm Beach Atlantic University Housing Project, Series 2019A, 5.000%, 4/01/39, 144A | 4/29 at 100.00 | Ba1 | 425,455 | ||
2,325 | Saint Johns County Industrial Development Authority, Florida, First Mortgage Revenue Bonds, Presbyterian Retirement Communities Obligated Group Project, Series 2020A, 4.000%, 8/01/55 | 8/25 at 103.00 | A- | 2,638,689 | ||
2,610 | South Fork Community Development District, Florida, Capital Improvement Revenue Bonds, Refunding Series 2017, 4.000%, 5/01/31 | 5/27 at 100.00 | BBB | 2,931,343 | ||
1,735 | South-Dade Venture Community Development District, Florida, Special Assessment Revenue Bonds, Refunding Series 2012, 5.000%, 5/01/26 | 5/22 at 100.00 | BBB | 1,785,107 | ||
655 | Stonegate Community Development District, Florida, Special Assessment Revenue Bonds, Refunding Series 2013, 4.000%, 5/01/25 | 5/23 at 100.00 | N/R | 675,881 |
5
NID | Nuveen Intermediate Duration 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) | ||||||
Sumter County Industrial Development Authority, Florida, Hospital Revenue Bonds, Central Florida Health Alliance Projects, Series 2014B: | ||||||
$2,925 | 5.000%, 7/01/29 | 7/24 at 100.00 | A- | $3,271,378 | ||
2,350 | 5.000%, 7/01/30 | 7/24 at 100.00 | A- | 2,624,762 | ||
1,560 | 5.000%, 7/01/31 | 7/24 at 100.00 | A- | 1,742,395 | ||
1,400 | 5.000%, 7/01/32 | 7/24 at 100.00 | A- | 1,563,688 | ||
Tampa-Hillsborough County Expressway Authority, Florida, Revenue Bonds, Tender Option Bond Trust 2016-XG0097: | ||||||
400 | 22.758%, 7/01/27 (Pre-refunded 7/01/22), 144A (IF) (4) | 7/22 at 100.00 | A+ (6) | 480,476 | ||
290 | 22.758%, 7/01/28 (Pre-refunded 7/01/22), 144A (IF) (4) | 7/22 at 100.00 | A+ (6) | 348,345 | ||
1,000 | 17.725%, 7/01/29 (Pre-refunded 7/01/22), 144A (IF) (4) | 7/22 at 100.00 | A+ (6) | 1,159,710 | ||
1,000 | 17.725%, 7/01/30 (Pre-refunded 7/01/22), 144A (IF) (4) | 7/22 at 100.00 | A+ (6) | 1,159,710 | ||
1,000 | 22.758%, 7/01/31 (Pre-refunded 7/01/22), 144A (IF) (4) | 7/22 at 100.00 | A+ (6) | 1,201,190 | ||
535 | Venetian Community Development District, Sarasota County, Florida, Capital Improvement Revenue Bonds, Series 2012-A2, 5.000%, 5/01/23 | 5/22 at 100.00 | N/R | 545,925 | ||
700 | Verandah West Community Development District, Florida, Capital Improvement Revenue Bonds, Refunding Series 2013, 4.000%, 5/01/23 | No Opt. Call | N/R | 716,569 | ||
105 | Vizcaya in Kendall Community Development District, Florida, Special Assessment Revenue Bonds, Phase Two Assessment Area, Refunding Series 2012A-2, 5.600%, 5/01/22 | No Opt. Call | BBB- | 108,282 | ||
620 | West Villages Improvement District, Florida, Special Assessment Revenue Bonds, Unit of Development 3, Refunding Series 2017, 3.500%, 5/01/22 | No Opt. Call | N/R | 626,659 | ||
73,200 | Total Florida | 74,209,585 | ||||
Georgia – 0.2% (0.2% of Total Investments) | ||||||
650 | Atlanta Development Authority, Georgia, Senior Health Care Facilities Revenue Bonds, Georgia Proton Treatment Center Project, Current Interest Series 2017A-1, 6.500%, 1/01/29 | 1/28 at 100.00 | N/R | 498,167 | ||
1,105 | Georgia Housing and Finance Authority, Single Family Mortgage Bonds, Series 2018A, 4.000%, 12/01/48 | 6/27 at 100.00 | AAA | 1,155,012 | ||
1,755 | Total Georgia | 1,653,179 | ||||
Guam – 3.0% (2.4% of Total Investments) | ||||||
Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D: | ||||||
1,860 | 5.000%, 11/15/24 | No Opt. Call | BB | 2,122,037 | ||
2,170 | 5.000%, 11/15/33 | 11/25 at 100.00 | BB | 2,486,798 | ||
1,000 | Guam AB Won Pat International Airport Authority, Revenue Bonds, Series 2013C, 6.250%, 10/01/34 (AMT) | 10/23 at 100.00 | Baa2 | 1,088,350 | ||
1,100 | Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Refunding Series 2014A, 5.000%, 7/01/29 | 7/24 at 100.00 | A- | 1,209,758 | ||
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2013: | ||||||
1,365 | 5.250%, 7/01/24 | 7/23 at 100.00 | A- | 1,478,732 | ||
2,500 | 5.500%, 7/01/43 (Pre-refunded 7/01/23) | 7/23 at 100.00 | A- (6) | 2,735,175 |
6
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Guam (continued) | ||||||
Guam Government, Limited Obligation Section 30 Revenue Bonds, Series 2016A: | ||||||
$2,500 | 5.000%, 12/01/25 | No Opt. Call | BB | $2,951,075 | ||
3,750 | 5.000%, 12/01/26 | No Opt. Call | BB | 4,533,563 | ||
2,025 | Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/30 – AGM Insured | 10/22 at 100.00 | AA | 2,120,276 | ||
200 | Guam Power Authority, Revenue Bonds, Series 2014A, 5.000%, 10/01/31 | 10/24 at 100.00 | BBB | 220,142 | ||
18,470 | Total Guam | 20,945,906 | ||||
Hawaii – 1.2% (1.0% of Total Investments) | ||||||
6,125 | Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaii Pacific University, Series 2018, 6.000%, 7/01/28, 144A | 7/27 at 100.00 | N/R | 6,960,511 | ||
105 | Hawaii Housing Finance and Development Corporation, Multifamily Housing Revenue Bonds, Wilikina Apartments Project, Series 2012A, 4.250%, 5/01/22 | No Opt. Call | BBB | 106,023 | ||
1,550 | Hawaii State Department of Transportation, Special Facility Revenue Bonds, Continental Airlines Inc, Series 1997, 5.625%, 11/15/27 (AMT) | 9/21 at 100.00 | Ba3 | 1,556,277 | ||
7,780 | Total Hawaii | 8,622,811 | ||||
Idaho – 0.4% (0.3% of Total Investments) | ||||||
2,530 | Idaho Health Facilities Authority, Revenue Bonds, Madison Memorial Hospital Project, Refunding Series 2016, 5.000%, 9/01/30 | 9/26 at 100.00 | BB+ | 2,944,439 | ||
Illinois – 16.5% (13.2% of Total Investments) | ||||||
2,730 | CenterPoint Intermodal Center Program Trust, Illinois, Series 2004 Class A Certificates, 4.000%, 6/15/23 (Mandatory Put 12/15/22), 144A | No Opt. Call | N/R | 2,771,141 | ||
5,000 | Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2016, 5.750%, 4/01/34 | 4/27 at 100.00 | A- | 6,192,900 | ||
440 | Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2017, 5.000%, 4/01/42 | 4/27 at 100.00 | A- | 521,290 | ||
750 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues Series 2011A, 5.000%, 12/01/41 | 12/21 at 100.00 | BB | 757,823 | ||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Project Series 2015C: | ||||||
470 | 5.250%, 12/01/35 | 12/24 at 100.00 | BB | 528,308 | ||
555 | 5.250%, 12/01/39 | 12/24 at 100.00 | BB | 621,062 | ||
3,405 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2012B, 5.000%, 12/01/33 | 12/22 at 100.00 | BB | 3,570,177 | ||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017C: | ||||||
7,225 | 5.000%, 12/01/26 | No Opt. Call | BB | 8,754,460 | ||
1,875 | 5.000%, 12/01/27 | No Opt. Call | BB | 2,321,644 | ||
1,000 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017G, 5.000%, 12/01/34 | 12/27 at 100.00 | BB | 1,216,610 | ||
1,000 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2018A, 5.000%, 12/01/30 – AGM Insured | 12/28 at 100.00 | AA | 1,259,530 | ||
2,115 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2018C, 5.000%, 12/01/23 | No Opt. Call | BB | 2,326,035 |
7
NID | Nuveen Intermediate Duration Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$1,000 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2016A, 7.000%, 12/01/26 | 12/25 at 100.00 | BB | $1,265,800 | ||
Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax Revenues, Series 1998B-1: | ||||||
1,470 | 0.000%, 12/01/22 – FGIC Insured | No Opt. Call | Baa2 | 1,460,563 | ||
1,500 | 0.000%, 12/01/27 – NPFG Insured | No Opt. Call | Baa2 | 1,380,885 | ||
1,962 | Chicago, Illinois, Certificates of Participation Tax Increment Bonds, 35th and State Redevelopment Project, Series 2012, 6.100%, 1/15/29 | 9/21 at 100.00 | N/R | 1,962,371 | ||
718 | Chicago, Illinois, Certificates of Participation, Tax Increment Allocation Revenue Bonds, Diversey-Narragansett Project, Series 2006, 7.460%, 2/15/26 (7) | 10/21 at 100.00 | N/R | 551,187 | ||
2,630 | Chicago, Illinois, General Obligation Bonds, City Colleges, Series 1999, 0.000%, 1/01/34 – FGIC Insured | No Opt. Call | BBB+ | 2,036,409 | ||
225 | Chicago, Illinois, General Obligation Bonds, Project and Refunding Series 2008C, 0.000%, 1/01/29 | No Opt. Call | BBB+ | 189,367 | ||
3,215 | Chicago, Illinois, General Obligation Bonds, Project Series 2011A, 5.000%, 1/01/40 | 9/21 at 100.00 | BBB+ | 3,247,986 | ||
2,680 | Chicago, Illinois, General Obligation Bonds, Refunding Series 2012C, 5.000%, 1/01/23 | 1/22 at 100.00 | BBB+ | 2,720,414 | ||
Chicago, Illinois, General Obligation Bonds, Refunding Series 2016C: | ||||||
850 | 5.000%, 1/01/24 | No Opt. Call | BBB+ | 937,712 | ||
1,500 | 5.000%, 1/01/25 | No Opt. Call | BBB+ | 1,714,575 | ||
515 | 5.000%, 1/01/31 | 1/26 at 100.00 | BBB+ | 595,479 | ||
1,685 | 5.000%, 1/01/38 | 1/26 at 100.00 | BBB+ | 1,946,664 | ||
2,000 | Chicago, Illinois, General Obligation Bonds, Series 2019A, 5.500%, 1/01/49 | 1/29 at 100.00 | BBB+ | 2,479,960 | ||
Cook County, Illinois, General Obligation Bonds, Tender Option Bond Trust 2015-XF0124: | ||||||
1,000 | 21.756%, 11/15/29, 144A (IF) (4) | 11/22 at 100.00 | A+ | 1,282,960 | ||
3,040 | 21.756%, 11/15/33, 144A (IF) (4) | 11/22 at 100.00 | A+ | 3,887,613 | ||
Illinois Finance Authority, Revenue Bonds, Centegra Health System, Tender Option Bond Trust 2016-XF2339: | ||||||
330 | 22.134%, 9/01/21, 144A (IF) (4) | No Opt. Call | AA+ | 330,000 | ||
480 | 22.175%, 9/01/21, 144A (IF) (4) | No Opt. Call | AA+ | 480,000 | ||
435 | 22.116%, 9/01/22, 144A (IF) (4) | No Opt. Call | AA+ | 539,126 | ||
Illinois Finance Authority, Revenue Bonds, Illinois Wesleyan University, Refunding Series 2016: | ||||||
1,500 | 3.000%, 9/01/30 | 9/26 at 100.00 | A- | 1,608,825 | ||
1,475 | 3.000%, 9/01/31 | 9/26 at 100.00 | A- | 1,571,568 | ||
Illinois Finance Authority, Revenue Bonds, Ingalls Health System, Series 2013: | ||||||
1,210 | 5.000%, 5/15/22 (ETM) | No Opt. Call | A1 (6) | 1,249,531 | ||
1,575 | 5.000%, 5/15/24 (Pre-refunded 5/15/22) | 5/22 at 100.00 | A1 (6) | 1,626,455 | ||
775 | Illinois Finance Authority, Student Housing & Academic Facility Revenue Bonds, CHF-Collegiate Housing Foundation - Chicago LLC University of Illinois at Chicago Project, Series 2017A, 5.000%, 2/15/37 | 8/27 at 100.00 | Baa3 | 905,332 | ||
2,500 | Illinois Sports Facility Authority, State Tax Supported Bonds, Refunding Series 2014, 5.000%, 6/15/27 – AGM Insured | 6/24 at 100.00 | AA | 2,775,500 |
8
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$1,000 | Illinois Sports Facility Authority, State Tax Supported Bonds, Series 2001, 0.000%, 6/15/25 – AMBAC Insured | No Opt. Call | BB+ | $966,570 | ||
Illinois State, General Obligation Bonds, December Series 2017A: | ||||||
890 | 5.000%, 12/01/27 | No Opt. Call | BBB | 1,098,527 | ||
1,020 | 5.000%, 12/01/28 | 12/27 at 100.00 | BBB | 1,249,051 | ||
1,875 | Illinois State, General Obligation Bonds, June Series 2016, 3.500%, 6/01/29 | 6/26 at 100.00 | BBB | 2,068,162 | ||
1,500 | Illinois State, General Obligation Bonds, November Series 2016, 5.000%, 11/01/26 | No Opt. Call | BBB | 1,809,405 | ||
5,175 | Illinois State, General Obligation Bonds, November Series 2017D, 5.000%, 11/01/27 | No Opt. Call | BBB | 6,375,393 | ||
3,050 | Illinois State, General Obligation Bonds, November Series 2019B, 4.000%, 11/01/34 | 11/29 at 100.00 | BBB | 3,547,455 | ||
4,565 | Illinois State, General Obligation Bonds, October Series 2016, 5.000%, 2/01/26 | No Opt. Call | BBB | 5,398,615 | ||
Illinois State, General Obligation Bonds, Refunding Series 2012: | ||||||
1,750 | 5.000%, 8/01/22 | No Opt. Call | BBB | 1,826,072 | ||
4,000 | 5.000%, 8/01/23 – AGM Insured | No Opt. Call | AA | 4,371,400 | ||
2,000 | Illinois State, General Obligation Bonds, Tender Option Bond Trust 2015-XF1010, 18.110%, 8/01/23 – AGM Insured, 144A (IF) (4) | No Opt. Call | AA | 2,742,840 | ||
3,560 | Illinois State, Sales Tax Revenue Bonds, Build Illinois, Refunding Junior Obligation September Series 2016C, 4.000%, 6/15/30 – BAM Insured | 6/26 at 100.00 | AA | 4,040,742 | ||
2,275 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2012B, 5.000%, 12/15/28 | 6/22 at 100.00 | BBB+ | 2,358,879 | ||
1,000 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2017B, 5.000%, 12/15/26 | No Opt. Call | BBB+ | 1,216,340 | ||
2,250 | Romeoville, Will County, Illinois, Revenue Bonds, Lewis University Project, Refunding Series 2018B, 4.125%, 10/01/46 | 4/25 at 100.00 | BBB | 2,376,382 | ||
Romeoville, Will County, Illinois, Revenue Bonds, Lewis University Project, Series 2015: | ||||||
1,100 | 5.000%, 10/01/25 | 4/25 at 100.00 | BBB | 1,250,084 | ||
200 | 5.000%, 10/01/26 | 4/25 at 100.00 | BBB | 226,474 | ||
435 | Southwestern Illinois Development Authority, Environmental Improvement Revenue Bonds, US Steel Corporation Project, Series 2012, 5.750%, 8/01/42 (AMT) | 8/22 at 100.00 | B | 447,641 | ||
2,500 | Wauconda, Illinois, Special Service Area 1 Secial Tax Bonds, Liberty Lake Project, Refunding Series 2015, 5.000%, 3/01/33 – BAM Insured | 3/25 at 100.00 | AA | 2,817,275 | ||
102,980 | Total Illinois | 115,774,569 | ||||
Indiana – 1.4% (1.1% of Total Investments) | ||||||
145 | Gary Local Public Improvement Bond Bank, Indiana, Economic Development Revenue Bonds, Drexel Foundation for Educational Excellence Project, Refunding Series 2020A, 5.125%, 6/01/32, 144A | 6/30 at 100.00 | N/R | 160,712 | ||
3,635 | 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+ | 3,733,763 | ||
85 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Circle City Preparatory Inc Project, Series 2021A, 5.000%, 12/01/30 | 12/27 at 103.00 | N/R | 95,326 | ||
615 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Lighthouse Academies of Northwest Indiana Inc Project, Series 2016, 6.250%, 12/01/24, 144A | No Opt. Call | N/R | 674,569 | ||
1,295 | Indiana Finance Authority, Health Facilities Revenue Bonds, Good Samaritan Hospital Project, Series 2016A, 5.500%, 4/01/24 | No Opt. Call | Baa3 | 1,440,351 |
9
NID | Nuveen Intermediate Duration Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana (continued) | ||||||
$145 | Valparaiso, Indiana, Exempt Facilities Revenue Bonds, Pratt Paper LLC Project, Series 2013, 5.875%, 1/01/24 (AMT) | No Opt. Call | N/R | $156,075 | ||
3,000 | Whiting, Indiana, Environmental Facilities Refunding Revenue Bonds, BP Products North America Inc Project, Refunding Series 2019A, 5.000%, 12/01/44 (AMT) (Mandatory Put 6/05/26) | No Opt. Call | A2 | 3,635,550 | ||
8,920 | Total Indiana | 9,896,346 | ||||
Iowa – 1.5% (1.2% of Total Investments) | ||||||
1,925 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Alcoa Inc Project, Series 2012, 4.750%, 8/01/42 | 8/22 at 100.00 | BBB- | 1,980,998 | ||
3,000 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2013, 5.250%, 12/01/25 | 12/23 at 100.00 | BB- | 3,272,730 | ||
4,640 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2018A, 5.250%, 12/01/50 (Mandatory Put 12/01/33) | 12/22 at 103.00 | BB- | 5,006,514 | ||
9,565 | Total Iowa | 10,260,242 | ||||
Kansas – 1.3% (1.0% of Total Investments) | ||||||
Kansas Development Finance Authority Hospital Revenue Bonds, Adventist Health System/Sunbelt Obligated Group, Tender Option Bond Trust 2016-XG0056: | ||||||
310 | 17.990%, 11/15/32, 144A (IF) (4) | 5/22 at 100.00 | AA | 352,151 | ||
2,000 | 22.580%, 11/15/32, 144A (IF) (4) | 5/22 at 100.00 | AA | 2,337,200 | ||
200 | Kansas Power Pool, a Municipal Energy Agency Electric Utility Revenue Bonds, DogWood Facility, Series 2015A, 5.000%, 12/01/28 | 12/25 at 100.00 | A3 | 235,496 | ||
2,000 | Overland Park, Kansas, Sales Tax Revenue Bonds, Prairiefire Community Improvement District No 1 Project, Series 2012B, 0.000%, 12/15/34 (7) | 12/22 at 100.00 | N/R | 1,000,000 | ||
8,000 | Overland Park, Kansas, Sales Tax Special Obligation Revenue Bonds, Prairiefire at Lionsgate Project, Series 2012, 5.250%, 12/15/29 | 12/22 at 100.00 | N/R | 4,968,400 | ||
12,510 | Total Kansas | 8,893,247 | ||||
Kentucky – 1.1% (0.8% of Total Investments) | ||||||
Ashland, Kentucky, Medical Center Revenue Bonds, Ashland Hospital Corporation d/b/a King's Daughters Medical Center Project, Refunding Series 2019: | ||||||
920 | 5.000%, 2/01/31 | 2/30 at 100.00 | BBB+ | 1,160,847 | ||
125 | 4.000%, 2/01/33 | 2/30 at 100.00 | BBB+ | 145,289 | ||
Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Owensboro Health, Refunding Series 2017A: | ||||||
3,000 | 5.000%, 6/01/30 | 6/27 at 100.00 | Baa2 | 3,577,620 | ||
1,315 | 5.000%, 6/01/31 | 6/27 at 100.00 | Baa2 | 1,562,325 | ||
685 | Kentucky Economic Development Finance Authority, Revenue Bonds, Next Generation Kentucky Information Highway Project, Senior Series 2015A, 5.000%, 7/01/33 | 7/25 at 100.00 | BBB+ | 767,782 | ||
175 | Owensboro, Kentucky, Water Revenue Bonds, Refunding & Improvement Series 2014, 2.500%, 9/15/21 – BAM Insured | No Opt. Call | AA | 175,140 | ||
6,220 | Total Kentucky | 7,389,003 |
10
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Louisiana – 1.8% (1.4% of Total Investments) | ||||||
$3,300 | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Westlake Chemical Corporation Projects, Refunding Series 2017, 3.500%, 11/01/32 | 11/27 at 100.00 | BBB | $3,685,077 | ||
1,500 | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2020A, 4.000%, 5/15/49 | 5/30 at 100.00 | A | 1,735,695 | ||
2,840 | Louisiana Public Facilities Authority, Revenue Bonds, Loyola University Project, Refunding Series 2017, 0.000%, 10/01/31 (5) | No Opt. Call | Baa1 | 3,160,778 | ||
1,000 | Louisiana Stadium and Exposition District, Revenue Refunding Bonds, Senior Lien Series 2013A, 5.000%, 7/01/22 | No Opt. Call | A2 | 1,039,580 | ||
New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, North Terminal Project, Series 2017B: | ||||||
500 | 5.000%, 1/01/31 (AMT) | 1/27 at 100.00 | A2 | 599,565 | ||
800 | 5.000%, 1/01/32 (AMT) | 1/27 at 100.00 | A2 | 961,328 | ||
720 | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017A-1, 2.000%, 6/01/37 (Mandatory Put 4/01/23) | No Opt. Call | BBB- | 735,826 | ||
285 | Saint Tammany Public Trust Financing Authority, Louisiana, Revenue Bonds, Christwood Project, Refunding Series 2015, 5.250%, 11/15/29 | 11/24 at 100.00 | N/R | 314,896 | ||
10,945 | Total Louisiana | 12,232,745 | ||||
Maine – 0.1% (0.1% of Total Investments) | ||||||
500 | Maine Finance Authority, Solid Waste Disposal Revenue Bonds, Coastal Resources of Maine LLC Project, Green Series 2017, 0.000%, 12/15/33 (AMT), 144A (7) | 12/26 at 100.00 | N/R | 275,000 | ||
350 | Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2013, 5.000%, 7/01/22 (ETM) | No Opt. Call | BBB (6) | 363,934 | ||
850 | Total Maine | 638,934 | ||||
Maryland – 0.6% (0.5% of Total Investments) | ||||||
Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017: | ||||||
350 | 5.000%, 9/01/26 | No Opt. Call | CCC | 378,207 | ||
1,000 | 5.000%, 9/01/33 | 9/27 at 100.00 | CCC | 1,081,070 | ||
2,000 | 5.000%, 9/01/34 | 9/27 at 100.00 | CCC | 2,157,000 | ||
775 | Maryland Economic Development Corporation, Port Facilities Revenue Bonds, CNX Marine Terminals Inc Port of Baltimore Facility, Refunding Series 2010, 5.750%, 9/01/25 | 10/21 at 100.00 | BB- | 783,796 | ||
4,125 | Total Maryland | 4,400,073 | ||||
Massachusetts – 0.3% (0.2% of Total Investments) | ||||||
1,000 | Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Series 2016E, 5.000%, 7/01/26 | No Opt. Call | BBB | 1,198,050 | ||
660 | Massachusetts Educational Financing Authority, Education Loan Revenue Bonds, Issue K, Series 2013, 5.250%, 7/01/29 (AMT) | 7/22 at 100.00 | AA | 682,697 | ||
1,660 | Total Massachusetts | 1,880,747 | ||||
Michigan – 3.5% (2.8% of Total Investments) | ||||||
635 | Flint Hospital Building Authority, Michigan, Building Authority Revenue Bonds, Hurley Medical Center, Series 2013A, 5.000%, 7/01/23 | No Opt. Call | BBB- | 668,763 |
11
NID | Nuveen Intermediate Duration Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Michigan (continued) | ||||||
Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water & Sewerage Department Water Supply System Local Project, Series 2014C-3: | ||||||
$5,000 | 5.000%, 7/01/24 – AGM Insured | No Opt. Call | AA | $5,650,800 | ||
5,000 | 5.000%, 7/01/25 – AGM Insured | 7/24 at 100.00 | AA | 5,682,750 | ||
5,000 | 5.000%, 7/01/26 – AGM Insured | 7/24 at 100.00 | AA | 5,682,750 | ||
1,945 | 5.000%, 7/01/31 – AGM Insured | 7/24 at 100.00 | AA | 2,195,224 | ||
Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water & Sewerage Department Water Supply System Local Project, Series 2014C-7: | ||||||
2,000 | 5.000%, 7/01/25 – NPFG Insured | 7/24 at 100.00 | A+ | 2,273,100 | ||
2,000 | 5.000%, 7/01/26 – NPFG Insured | 7/24 at 100.00 | A+ | 2,273,100 | ||
65 | Michigan Finance Authority, Public School Academy Revenue Bonds, Detroit Service Learning Academy Project, Refunding Series 2011, 6.000%, 10/01/21 | No Opt. Call | BB- | 65,302 | ||
21,645 | Total Michigan | 24,491,789 | ||||
Minnesota – 0.1% (0.1% of Total Investments) | ||||||
Minnesota Higher Education Facilities Authority, Revenue Bonds, Minneapolis College of Art and Design, Series 2015-8D: | ||||||
260 | 4.000%, 5/01/24 | 5/23 at 100.00 | Baa2 | 271,370 | ||
250 | 4.000%, 5/01/26 | 5/23 at 100.00 | Baa2 | 260,097 | ||
510 | Total Minnesota | 531,467 | ||||
Mississippi – 0.5% (0.4% of Total Investments) | ||||||
1,845 | Mississippi Business Finance Corporation, Gulf Opportunity Zone Industrial Development Revenue Bonds, Northrop Grumman Ship Systems Inc Project, Series 2006, 4.550%, 12/01/28 | 10/21 at 100.00 | BBB- | 1,845,461 | ||
Mississippi Development Bank Special Obligation Bonds, Marshall County Industrial Development Authority, Mississippi Highway Construction Project, Tender Option Bond Trust 3315: | ||||||
800 | 22.453%, 1/01/26 (Pre-refunded 1/01/22), 144A (IF) (4) | 1/22 at 100.00 | AA- (6) | 864,888 | ||
500 | 22.453%, 1/01/28 (Pre-refunded 1/01/22), 144A (IF) (4) | 1/22 at 100.00 | AA- (6) | 540,555 | ||
3,145 | Total Mississippi | 3,250,904 | ||||
Missouri – 1.3% (1.0% of Total Investments) | ||||||
1,515 | Boone County, Missouri, Hospital Revenue Bonds, Boone Hospital Center, Refunding Series 2016, 5.000%, 8/01/24 | No Opt. Call | BBB- | 1,687,316 | ||
1,125 | Branson Industrial Development Authority, Missouri, Tax Increment Revenue Bonds, Branson Shoppes Redevelopment Project, Refunding Series 2017A, 4.000%, 11/01/27 | 11/25 at 100.00 | N/R | 1,175,873 | ||
2,310 | Poplar Bluff Regional Transportation Development District, Missouri, Transportation Sales Tax Revenue Bonds, Series 2012, 4.000%, 12/01/36 | 12/22 at 100.00 | BBB | 2,374,726 | ||
670 | Raymore, Missouri, Tax Increment Revenue Bonds, Raymore Galleria Project, Refunding & Improvement Series 2014A, 5.000%, 5/01/24 | 5/23 at 100.00 | N/R | 689,577 | ||
Saint Louis County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Ranken-Jordan Project, Refunding & Improvement Series 2016: | ||||||
385 | 5.000%, 11/15/23 | No Opt. Call | N/R | 416,439 | ||
800 | 5.000%, 11/15/25 | No Opt. Call | N/R | 917,480 |
12
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Missouri (continued) | ||||||
$1,595 | Saint Louis Land Clearance for Redevelopment Authority, Missouri, Annual Appropriation Revenue Bonds, Contractual Payments of St Louis City Scottrade Center Project, Series 2018A, 5.000%, 4/01/38 | 4/27 at 100.00 | A | $1,914,399 | ||
8,400 | Total Missouri | 9,175,810 | ||||
Nebraska – 0.6% (0.5% of Total Investments) | ||||||
2,000 | Central Plains Energy Project, Nebraska, Gas Project 1 Revenue Bonds, Series 2007A, 5.250%, 12/01/21 | No Opt. Call | A2 | 2,025,040 | ||
1,445 | Central Plains Energy Project, Nebraska, Gas Project 3 Revenue Bonds, Series 2012, 5.000%, 9/01/32 | 9/22 at 100.00 | A2 | 1,513,031 | ||
635 | Douglas County Hospital Authority 2, Nebraska, Hospital Revenue Bonds, Madonna Rehabilitation Hospital Project, Series 2014, 5.000%, 5/15/26 | 5/24 at 100.00 | A- | 706,793 | ||
4,080 | Total Nebraska | 4,244,864 | ||||
Nevada – 0.7% (0.5% of Total Investments) | ||||||
Carson City, Nevada, Hospital Revenue Bonds, Carson Tahoe Regional Healthcare Project, Series 2017A: | ||||||
320 | 5.000%, 9/01/29 | 9/27 at 100.00 | A- | 391,389 | ||
495 | 5.000%, 9/01/31 | 9/27 at 100.00 | A- | 600,009 | ||
1,630 | Carson City, Nevada, Hospital Revenue Bonds, Carson-Tahoe Regional Healthcare Project, Refunding Series 2012, 5.000%, 9/01/27 (Pre-refunded 9/01/22) | 9/22 at 100.00 | A- (6) | 1,705,208 | ||
150 | Henderson, Nevada, Limited Obligation Bonds, Local Improvement District T-13 Cornerstone, Refunding Series 2013, 5.000%, 3/01/22 | No Opt. Call | N/R | 152,699 | ||
1,465 | Las Vegas Redevelopment Agency, Nevada, Tax Increment Revenue Bonds, Refunding Series 2016, 5.000%, 6/15/31 | 6/26 at 100.00 | BBB+ | 1,712,190 | ||
160 | North Las Vegas, Nevada, Local Improvement Bonds, Special Improvement District 65 Northern Beltway Commercial Area, Series 2017, 5.000%, 12/01/37, 144A | 12/27 at 100.00 | N/R | 183,950 | ||
4,220 | Total Nevada | 4,745,445 | ||||
New Jersey – 11.5% (9.1% of Total Investments) | ||||||
3,000 | Camden County Improvement Authority, New Jersey, Health Care Redevelopment Revenue Bonds, Cooper Health System Obligated Group Issue, Refunding Series 2014A, 5.000%, 2/15/31 | 2/24 at 100.00 | BBB+ | 3,297,180 | ||
900 | New Jersey Economic Development Authority, Cigarette Tax Revenue Refunding Bonds, Series 2012, 5.000%, 6/15/25 | 6/22 at 100.00 | BBB | 930,996 | ||
2,500 | New Jersey Economic Development Authority, Lease Revenue Bonds, State Government Buildings-Health Department & Taxation Division Office Project, Series 2018A, 5.000%, 6/15/42 | 12/27 at 100.00 | Baa1 | 3,033,575 | ||
1,875 | New Jersey Economic Development Authority, Lease Revenue Bonds, State House Project, Series 2017B, 5.000%, 6/15/35 | 12/28 at 100.00 | Baa1 | 2,346,000 | ||
1,400 | New Jersey Economic Development Authority, New Jersey, Transit Transportation Project Revenue Bonds, Series 2020A, 4.000%, 11/01/37 | 11/29 at 100.00 | Baa1 | 1,635,648 | ||
2,705 | New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Refunding Series 2017A, 3.375%, 7/01/30 | 7/27 at 100.00 | Baa3 | 2,878,931 | ||
2,175 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2017DDD, 5.000%, 6/15/42 | 6/27 at 100.00 | Baa1 | 2,603,801 |
13
NID | Nuveen Intermediate Duration Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
$1,200 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Tender Option Bond Trust Series 2018-XG0168, 4.942%, 9/01/27, 144A (IF) (4) | 3/23 at 100.00 | Baa1 | $1,284,456 | ||
1,615 | New Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Refunding Series 2014PP, 4.000%, 6/15/28 | 6/24 at 100.00 | Baa1 | 1,757,718 | ||
1,440 | 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 | 1,546,949 | ||
New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 1999: | ||||||
1,595 | 5.125%, 9/15/23 (AMT) | 8/22 at 101.00 | Ba3 | 1,676,058 | ||
7,550 | 5.250%, 9/15/29 (AMT) | 8/22 at 101.00 | Ba3 | 7,934,446 | ||
2,410 | New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 2000A & 2000B, 5.625%, 11/15/30 (AMT) | 3/24 at 101.00 | Ba3 | 2,690,717 | ||
5,000 | New Jersey Educational Facilities Authority, Revenue Bonds, Higher Education Capital Improvement Fund Issue, Series 2014A, 4.000%, 9/01/29 | 9/24 at 100.00 | Baa1 | 5,449,100 | ||
7,000 | New Jersey Health Care Facilities Financing Authority, New Jersey, Revenue Bonds, Saint Peters University Hospital, Refunding Series 2011, 6.000%, 7/01/26 | 9/21 at 100.00 | BB+ | 7,022,960 | ||
1,200 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Princeton HealthCare System, Series 2016A, 5.000%, 7/01/30 | 7/26 at 100.00 | AA | 1,456,080 | ||
1,625 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series 2006C, 0.000%, 12/15/31 – FGIC Insured | No Opt. Call | Baa1 | 1,351,041 | ||
15,000 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2009A, 0.000%, 12/15/39 (UB) (4) | No Opt. Call | Baa1 | 9,686,850 | ||
1,000 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2009C, 5.250%, 6/15/32 | 12/24 at 100.00 | Baa1 | 1,151,130 | ||
2,250 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019AA, 5.000%, 6/15/31 | 12/28 at 100.00 | Baa1 | 2,834,370 | ||
New Jersey Turnpike Authority, Revenue Bonds, Tender Option Bond Trust 2016-XF1057: | ||||||
41 | 22.257%, 1/01/24 (Pre-refunded 7/01/22), 144A (IF) | 7/22 at 100.00 | A+ (6) | 49,337 | ||
459 | 22.257%, 1/01/24 (Pre-refunded 7/01/22), 144A (IF) (4) | 7/22 at 100.00 | N/R (6) | 552,333 | ||
South Jersey Port Corporation, New Jersey, Marine Terminal Revenue Bonds, Refunding Series 2016S: | ||||||
915 | 5.000%, 1/01/34 | 1/26 at 100.00 | Baa1 | 1,058,316 | ||
1,505 | 5.000%, 1/01/35 | 1/26 at 100.00 | Baa1 | 1,742,248 | ||
1,000 | 5.000%, 1/01/39 | 1/26 at 100.00 | Baa1 | 1,155,360 | ||
1,705 | South Jersey Port Corporation, New Jersey, Marine Terminal Revenue Bonds, Subordinate Series 2017B, 5.000%, 1/01/42 (AMT) | 1/28 at 100.00 | Baa1 | 2,038,737 | ||
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A: | ||||||
2,250 | 5.000%, 6/01/27 | No Opt. Call | A | 2,796,255 | ||
1,920 | 5.000%, 6/01/30 | 6/28 at 100.00 | A | 2,415,245 | ||
5,000 | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B, 5.000%, 6/01/46 | 6/28 at 100.00 | BB+ | 5,945,550 | ||
78,235 | Total New Jersey | 80,321,387 |
14
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Mexico – 0.3% (0.2% of Total Investments) | ||||||
$2,000 | Santa Fe, New Mexico, Retirement Facilities Revenue Bonds, EL Castillo Retirement Residences Project, Series 2012, 5.000%, 5/15/32 | 5/22 at 100.00 | BB+ | $2,041,180 | ||
New York – 13.4% (10.7% of Total Investments) | ||||||
570 | Build New York City Resource Corporation, New York, Revenue Bonds, Bronx Charter School for Excellence, Series 2013A, 4.000%, 4/01/23 | No Opt. Call | BBB- | 600,911 | ||
780 | Build New York City Resource Corporation, New York, Solid Waste Disposal Revenue Bonds, Pratt Paper NY, Inc Project, Series 2014, 4.500%, 1/01/25 (AMT), 144A | No Opt. Call | N/R | 841,199 | ||
Dormitory Authority of the State of New York, Insured Revenue Bonds, Pace University, Series 2013A: | ||||||
20 | 5.000%, 5/01/23 (ETM) | No Opt. Call | N/R (6) | 21,618 | ||
820 | 5.000%, 5/01/23 | No Opt. Call | BBB- | 881,746 | ||
25 | 5.000%, 5/01/28 (Pre-refunded 5/01/23) | 5/23 at 100.00 | N/R (6) | 26,979 | ||
975 | 5.000%, 5/01/28 | 5/23 at 100.00 | BBB- | 1,042,392 | ||
10,000 | Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Second Indenture Fiscal 2017 Series A, 5.000%, 2/15/27 (UB) (4) | No Opt. Call | Aa3 | 12,351,159 | ||
790 | Jefferson County Civic Facility Development Corporation, New York, Revenue Bonds, Samaritan Medical Center Project, Series 2017A, 4.000%, 11/01/42 | 11/27 at 100.00 | BB | 839,715 | ||
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2019B-1: | ||||||
1,500 | 5.000%, 5/15/22 | No Opt. Call | N/R | 1,550,520 | ||
10,000 | 5.000%, 5/15/22 (UB) (4) | No Opt. Call | N/R | 10,336,800 | ||
1,555 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2019D-1, 5.000%, 9/01/22 | No Opt. Call | N/R | 1,628,023 | ||
780 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2020A-1, 5.000%, 2/01/23 | No Opt. Call | N/R | 832,065 | ||
5,000 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2021A-1, 4.000%, 11/15/44 | 5/31 at 100.00 | A3 | 5,816,400 | ||
1,000 | Nassau County Tobacco Settlement Corporation, New York, Tobacco Settlement Asset-Backed Bonds, Refunding Series 2006A-2, 5.250%, 6/01/26 | 9/21 at 100.00 | CCC+ | 1,029,500 | ||
2,900 | New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds, Series 2016A-1, 5.625%, 6/01/35 | No Opt. Call | BBB | 3,192,581 | ||
6,500 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 2 Series 2014, 5.150%, 11/15/34, 144A | 11/24 at 100.00 | N/R | 7,326,085 | ||
2,705 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade Center Project, Series 2011, 5.000%, 11/15/31 | 11/21 at 100.00 | A | 2,731,915 | ||
1,355 | New York Transportation Development Corporation, New York, Facility Revenue Bonds, Thruway Service Areas Project, Series 2021, 4.000%, 10/31/46 (AMT) | 10/31 at 100.00 | BBB- | 1,571,299 | ||
New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A: | ||||||
760 | 4.000%, 7/01/32 (AMT) | 7/24 at 100.00 | BBB | 825,322 | ||
500 | 4.000%, 7/01/33 (AMT) | 7/24 at 100.00 | BBB | 542,745 | ||
430 | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc John F Kennedy International Airport Project, Refunding Series 2016, 5.000%, 8/01/31 (AMT) | 9/21 at 100.00 | B | 431,002 |
15
NID | Nuveen Intermediate Duration 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) | ||||||
$1,065 | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc John F Kennedy International Airport Project, Series 2020, 5.250%, 8/01/31 (AMT) | 8/30 at 100.00 | B | $1,283,527 | ||
New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc - LaGuardia Airport Terminals C&D Redevelopment Project, Series 2018: | ||||||
2,000 | 5.000%, 1/01/28 (AMT) | No Opt. Call | Baa3 | 2,496,320 | ||
2,000 | 5.000%, 1/01/30 (AMT) | 1/28 at 100.00 | Baa3 | 2,455,020 | ||
2,315 | 5.000%, 1/01/32 (AMT) | 1/28 at 100.00 | Baa3 | 2,822,332 | ||
1,680 | 5.000%, 1/01/33 (AMT) | 1/28 at 100.00 | Baa3 | 2,042,477 | ||
935 | 5.000%, 1/01/36 (AMT) | 1/28 at 100.00 | Baa3 | 1,131,696 | ||
4,110 | Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Twenty-One Series 2020, 4.000%, 7/15/50 (AMT) (UB) (4) | 7/30 at 100.00 | Aa3 | 4,763,202 | ||
Syracuse Industrial Development Authority, New York, PILOT Revenue Bonds, Carousel Center Project, Refunding Series 2016A: | ||||||
820 | 5.000%, 1/01/32 (AMT) | 1/26 at 100.00 | Caa1 | 823,419 | ||
5,000 | 5.000%, 1/01/33 (AMT) | 1/26 at 100.00 | Caa1 | 5,017,000 | ||
3,820 | 5.000%, 1/01/35 (AMT) | 1/26 at 100.00 | Caa1 | 3,822,674 | ||
650 | 5.000%, 1/01/36 (AMT) | 1/26 at 100.00 | Caa1 | 649,955 | ||
6,890 | TSASC Inc, New York, Tobacco Asset-Backed Bonds, Series 2006, 5.000%, 6/01/45 | 6/27 at 100.00 | CCC+ | 7,646,729 | ||
TSASC Inc, New York, Tobacco Settlement Asset-Backed Bonds, Fiscal 2017 Series B: | ||||||
2,000 | 5.000%, 6/01/24 | No Opt. Call | B- | 2,095,300 | ||
2,250 | 5.000%, 6/01/25 | No Opt. Call | B- | 2,384,482 | ||
84,500 | Total New York | 93,854,109 | ||||
North Carolina – 1.1% (0.9% of Total Investments) | ||||||
6,225 | North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Senior Lien Series 2019, 5.000%, 1/01/49 | 1/30 at 100.00 | Aa1 | 7,655,878 | ||
Ohio – 3.0% (2.4% of Total Investments) | ||||||
7,450 | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1, 3.000%, 6/01/48 | 6/30 at 100.00 | BBB+ | 7,740,848 | ||
5,625 | 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 | 6,545,756 | ||
3,240 | Cleveland, Ohio, Airport Special Revenue Bonds, Continental Airlines Inc Project, Series 1998, 5.375%, 9/15/27 (AMT) | 10/21 at 100.00 | Ba3 | 3,252,474 | ||
560 | Franklin County Convention Facilities Authority, Ohio, Hotel Project Revenue Bonds, Greater Columbus Convention Center Hotel Expansion Project, Series 2019, 5.000%, 12/01/51 | 12/29 at 100.00 | BBB- | 664,625 | ||
4,190 | Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/22 (7) | No Opt. Call | N/R | 5,238 | ||
17,065 | 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 | 21,331 |
16
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
$320 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2009A, 4.375%, 6/01/33 (Mandatory Put 6/01/22) | No Opt. Call | N/R | $326,912 | ||
130 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, AK Steel Holding Corporation, Refunding Series 2012A, 6.750%, 6/01/24 (AMT) | 2/22 at 100.00 | CCC+ | 132,288 | ||
260 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, Pratt Paper Ohio, LLC Project, Series 2017, 4.250%, 1/15/38 (AMT), 144A | 1/28 at 100.00 | N/R | 301,902 | ||
250 | Ohio Water Development Authority, Ohio, Environmental Improvement Bonds, United States Steel Corporation Project, Refunding Series 2011, 6.600%, 5/01/29 | 11/21 at 100.00 | B | 252,032 | ||
6,000 | Ohio Water Development Authority, Ohio, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2006B, 4.000%, 12/01/33 (7) | No Opt. Call | N/R | 7,500 | ||
1,430 | Southeastern Ohio Port Authority, Hospital Facilities Revenue Bonds, Memorial Health System Obligated Group Project, Refunding and Improvement Series 2012, 5.000%, 12/01/22 | No Opt. Call | BB- | 1,470,054 | ||
46,520 | Total Ohio | 20,720,960 | ||||
Oklahoma – 1.1% (0.9% of Total Investments) | ||||||
975 | Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B, 5.000%, 8/15/38 | 8/28 at 100.00 | Baa3 | 1,183,631 | ||
6,050 | Tulsa Municipal Airport Trust, Oklahoma, Revenue Bonds, American Airlines Inc, Refunding Series 2015, 5.000%, 6/01/35 (AMT) (Mandatory Put 6/01/25) | 6/25 at 100.00 | B- | 6,828,937 | ||
7,025 | Total Oklahoma | 8,012,568 | ||||
Oregon – 0.3% (0.2% of Total Investments) | ||||||
1,000 | Astoria Hospital Facilities Authority, Oregon, Hospital Revenue and Refunding Bonds, Columbia Memorial Hospital, Series 2012, 5.000%, 8/01/31 | 8/22 at 100.00 | A- | 1,041,370 | ||
730 | Port of Saint Helens, Oregon, Pollution Control Revenue Bonds, Boise Cascade Project, Series 1997, 5.650%, 12/01/27 | 10/21 at 100.00 | N/R | 731,132 | ||
1,730 | Total Oregon | 1,772,502 | ||||
Pennsylvania – 5.5% (4.4% of Total Investments) | ||||||
Allegheny County Industrial Development Authority, Pennsylvania, Environmental Improvement Revenue Bonds, United States Steel Corp, Refunding Series 2019: | ||||||
815 | 4.875%, 11/01/24 | No Opt. Call | B | 885,946 | ||
725 | 5.125%, 5/01/30 | No Opt. Call | B | 884,703 | ||
530 | Allegheny County Redevelopment Authority, Pennsylvania, TIF Revenue Bonds, Pittsburg Mills Project, Series 2004, 5.600%, 7/01/23 (7) | 10/21 at 100.00 | N/R | 477,000 | ||
3,685 | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, Series 2012A, 5.000%, 5/01/32 | 5/22 at 100.00 | Baa3 | 3,802,515 | ||
1,000 | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Project, Series 2018, 5.000%, 5/01/28, 144A | No Opt. Call | Ba3 | 1,217,320 | ||
420 | Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2005A, 4.000%, 1/01/35 (7) | No Opt. Call | N/R | 525 |
17
NID | Nuveen Intermediate Duration Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
$400 | Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2008A, 2.700%, 4/01/35 (7) | No Opt. Call | N/R | $500 | ||
1,450 | Doylestown Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Series 2013A, 5.000%, 7/01/23 | No Opt. Call | BBB- | 1,558,852 | ||
825 | East Hempfield Township Industrial Development Authority, Pennsylvania, Student Services Inc - Student Housing Project at Millersville University, Series 2015, 5.000%, 7/01/30 (Pre-refunded 7/01/25) | 7/25 at 100.00 | N/R (6) | 970,142 | ||
1,000 | Montgomery County Industrial Development Authority, Pennsylvania, Revenue Bonds, Whitemarsh Continuing Care Retirement Community Project, Series 2015, 5.000%, 1/01/30 | 1/25 at 100.00 | N/R | 1,083,040 | ||
1,595 | Northampton County Industrial Development Authority, Pennsylvania, Revenue Bonds, Morningstar Senior Living, Inc, Series 2012, 5.000%, 7/01/27 | 7/22 at 100.00 | BB+ | 1,638,320 | ||
1,805 | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2005A, 3.750%, 12/01/40 (7) | No Opt. Call | N/R | 2,256 | ||
1,970 | Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of Pennsylvania Health System, Series 2019, 4.000%, 8/15/49 | 8/29 at 100.00 | AA | 2,291,130 | ||
4,000 | Pennsylvania Public School Building Authority, Lease Revenue Bonds, School District of Philadelphia, Series 2006B, 5.000%, 6/01/27 – AGM Insured | No Opt. Call | AA | 4,874,720 | ||
3,500 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Refunding Subordinate Second Series 2017, 5.000%, 12/01/35 | 12/27 at 100.00 | A3 | 4,307,800 | ||
10,980 | Philadelphia Hospitals and Higher Education Facilities Authority, Pennsylvania, Hospital Revenue Bonds, Temple University Health System Obligated Group, Series of 2017, 5.000%, 7/01/34 | 7/27 at 100.00 | BBB- | 12,904,135 | ||
1,610 | Scranton, Lackawanna County, Pennsylvania, General Obligation Notes, Series 2016, 5.000%, 11/15/32 | 5/24 at 100.00 | BB+ | 1,711,301 | ||
36,310 | Total Pennsylvania | 38,610,205 | ||||
Puerto Rico – 6.1% (4.8% of Total Investments) | ||||||
3,750 | Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2020A, 5.000%, 7/01/35, 144A | 7/30 at 100.00 | N/R | 4,652,588 | ||
3,000 | Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A, 5.750%, 7/01/37 | 7/22 at 100.00 | CCC | 3,138,090 | ||
3,500 | Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N, 6.113%, 7/01/27 – AMBAC Insured (CPI YOY reference rate + 1.120% spread) (8) | No Opt. Call | N/R | 3,384,675 | ||
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1: | ||||||
4,000 | 0.000%, 7/01/31 | 7/28 at 91.88 | N/R | 3,243,560 | ||
8,470 | 0.000%, 7/01/33 | 7/28 at 86.06 | N/R | 6,385,787 | ||
449 | 4.500%, 7/01/34 | 7/25 at 100.00 | N/R | 497,106 | ||
1,245 | 0.000%, 7/01/51 | 7/28 at 30.01 | N/R | 302,547 | ||
2,031 | 4.750%, 7/01/53 | 7/28 at 100.00 | N/R | 2,324,276 | ||
4,500 | 5.000%, 7/01/58 | 7/28 at 100.00 | N/R | 5,210,325 |
18
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Puerto Rico (continued) | ||||||
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2: | ||||||
$1,791 | 4.329%, 7/01/40 | 7/28 at 100.00 | N/R | $2,035,973 | ||
2,500 | 4.329%, 7/01/40 | 7/28 at 100.00 | N/R | 2,841,950 | ||
10,030 | Puerto Rico, General Obligation Bonds, Series 2014A, 1.990%, 7/01/35 (7) | 10/21 at 100.00 | N/R | 8,538,038 | ||
45,266 | Total Puerto Rico | 42,554,915 | ||||
Rhode Island – 0.4% (0.4% of Total Investments) | ||||||
Providence Redevelopment Agency, Rhode Island, Revenue Bonds, Public Safety and Municipal Building Projects, Refunding Series 2015A: | ||||||
1,400 | 5.000%, 4/01/23 | No Opt. Call | BBB | 1,473,108 | ||
1,500 | 5.000%, 4/01/24 | No Opt. Call | BBB | 1,625,715 | ||
2,900 | Total Rhode Island | 3,098,823 | ||||
South Carolina – 0.9% (0.7% of Total Investments) | ||||||
1,450 | South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, Palmetto Scholars Academy Project, Series 2015A, 5.125%, 8/15/35, 144A | 2/25 at 100.00 | BB+ | 1,599,915 | ||
South Carolina Jobs-Economic Development Authority, Hospital Revenue Bonds, Bon Secours Health System Obligated Group, Tender Option Bond Trust 2016-XG0098: | ||||||
1,500 | 22.341%, 11/01/27 (Pre-refunded 11/01/22), 144A (IF) (4) | 11/22 at 100.00 | N/R (6) | 1,921,905 | ||
1,010 | 22.319%, 11/01/28 (Pre-refunded 11/01/22), 144A (IF) (4) | 11/22 at 100.00 | N/R (6) | 1,293,800 | ||
1,255 | 22.341%, 11/01/29 (Pre-refunded 11/01/22), 144A (IF) (4) | 11/22 at 100.00 | N/R (6) | 1,607,994 | ||
5,215 | Total South Carolina | 6,423,614 | ||||
Tennessee – 2.3% (1.9% of Total Investments) | ||||||
2,000 | Clarksville Natural Gas Acquisition Corporation, Tennessee, Natural Gas Revenue Bonds, Series 2006, 5.000%, 12/15/21 – SYNCORA GTY Insured | No Opt. Call | AA- | 2,026,780 | ||
Knox County Health, Educational, and Housing Facilities Board, Tennessee, Revenue Bonds, Provision Center for Proton Therapy Project, Series 2014: | ||||||
3,055 | 5.250%, 5/01/25, 144A (7) | 11/24 at 100.00 | N/R | 1,267,825 | ||
525 | 6.000%, 5/01/34, 144A (7) | 11/24 at 100.00 | N/R | 217,875 | ||
1,935 | Knox County Health, Educational, and Housing Facility Board, Tennessee, Hospital Revenue Bonds, Covenant Health, Refunding Series 2012A, 5.000%, 1/01/26 | 1/23 at 100.00 | A+ | 2,046,301 | ||
9,050 | Tennergy Corporation, Tennessee, Gas Revenue Bonds, Series 2021A, 4.000%, 12/01/51 (Mandatory Put 9/01/28) | 6/28 at 100.68 | A1 | 10,815,203 | ||
16,565 | Total Tennessee | 16,373,984 | ||||
Texas – 3.9% (3.1% of Total Investments) | ||||||
1,240 | Austin, Travis, Williamson and Hays Counties, Texas, Special Assessment Revenue Bonds, Estancia Hill Country Public Improvement District, Series 2013, 6.000%, 11/01/28 | 11/23 at 100.00 | N/R | 1,290,443 | ||
2,000 | Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2015A, 5.000%, 1/01/40 | 7/25 at 100.00 | A- | 2,305,200 | ||
180 | Clifton Higher Education Finance Corporation, Texas, Education Revenue Bonds, Idea Public Schools, Series 2012, 3.750%, 8/15/22 | No Opt. Call | A- | 186,028 | ||
2,000 | Dallas Area Rapid Transit, Texas, Sales Tax Revenue Bonds, Tender Option Bond Trust 3307, 23.821%, 12/01/30 – AMBAC Insured, 144A (IF) (4) | No Opt. Call | AA+ | 5,698,560 |
19
NID | Nuveen Intermediate Duration Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$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 Cultural Education Facilities Finance Corporation, Texas, Revenue Refunding Bonds, Young Men's Christian Association of the Greater Houston Area, Series 2013A: | ||||||
855 | 5.000%, 6/01/22 | No Opt. Call | Baa2 | 872,938 | ||
915 | 5.000%, 6/01/23 | No Opt. Call | Baa2 | 958,481 | ||
3,750 | Harris County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004A-3, 0.000%, 11/15/36 | 11/24 at 49.42 | Baa2 | 1,701,562 | ||
3,000 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Airport Improvement Projects, Series 2018C, 5.000%, 7/15/28 (AMT) | No Opt. Call | B | 3,647,670 | ||
250 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Terminal Improvements Project, Refunding Series 2020B-2, 5.000%, 7/15/27 (AMT) | No Opt. Call | B- | 298,302 | ||
200 | Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds, Southwest Airlines Company - Love Field Modernization Program Project, Series 2012, 5.000%, 11/01/21 (AMT) | No Opt. Call | Baa1 | 201,526 | ||
1,000 | New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, CHF-Collegiate Housing Corpus Christi I, LLC-Texas A&M University-Corpus Christi Project, Series 2014A, 5.000%, 4/01/34 (Pre-refunded 4/01/24) | 4/24 at 100.00 | N/R (6) | 1,120,720 | ||
2,680 | San Antonio Public Facilities Corporation, Texas, Lease Revenue Bonds, Convention Center Refinancing & Expansion Project, Tender Option Bond Trust 2015-XF0125, 22.012%, 9/15/29, 144A (IF) (4) | 9/22 at 100.00 | AA+ | 3,301,653 | ||
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- (6) | 226,922 | ||
200 | 22.833%, 8/15/26 (Pre-refunded 8/15/23), 144A (IF) (4) | 8/23 at 100.00 | AA- (6) | 293,708 | ||
170 | 22.575%, 8/15/27 (Pre-refunded 8/15/23), 144A (IF) (4) | 8/23 at 100.00 | AA- (6) | 248,729 | ||
1,540 | Texas Department of Housing and Community Affairs, Single Family Mortgage Revenue Bonds, Series 2018A, 4.250%, 9/01/48 | 9/27 at 100.00 | Aaa | 1,674,919 | ||
1,190 | Westlake, Texas, Special Assessment Revenue Bonds, Solana Public Improvement District, Series 2015, 6.125%, 9/01/35 | 9/25 at 100.00 | N/R | 1,237,517 | ||
23,425 | Total Texas | 27,431,337 | ||||
Virgin Islands – 0.2% (0.1% of Total Investments) | ||||||
1,085 | Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Senior Lien, Refunding Series 2013B, 5.000%, 10/01/24 – AGM Insured | No Opt. Call | AA | 1,148,114 | ||
Virginia – 1.5% (1.2% of Total Investments) | ||||||
1,410 | Dulles Town Center Community Development Authority, Loudon County, Virginia Special Assessment Refunding Bonds, Dulles Town Center Project, Series 2012, 5.000%, 3/01/22 | No Opt. Call | N/R | 1,428,429 |
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Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Virginia (continued) | ||||||
Fairfax County Industrial Development Authority, Virginia, Healthcare Revenue Bonds, Inova Health System, Tender Option Bond Trust 2016-XG0080: | ||||||
$1,800 | 22.576%, 5/15/27, 144A (IF) (4) | 5/22 at 100.00 | AA+ | $2,102,184 | ||
400 | 17.599%, 5/15/29, 144A (IF) (4) | 5/22 at 100.00 | AA+ | 451,504 | ||
120 | 22.576%, 5/15/29, 144A (IF) (4) | 5/22 at 100.00 | AA+ | 140,059 | ||
1,000 | Roanoke Economic Development Authority, Virginia, Residential Care Facility Mortgage Revenue Refunding Bonds, Virginia Lutheran Homes Brandon Oaks Project, Series 2012, 5.000%, 12/01/32 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (6) | 1,059,620 | ||
Virginia Gateway Community Development Authority, Prince William County, Virginia, Special Assessment Refunding Bonds, Series 2012: | ||||||
695 | 5.000%, 3/01/25 | 3/22 at 100.00 | N/R | 701,700 | ||
115 | 4.500%, 3/01/29 | 3/22 at 100.00 | N/R | 115,522 | ||
1,505 | 5.000%, 3/01/30 | 3/22 at 100.00 | N/R | 1,516,242 | ||
2,500 | Virginia Housing Development Authority, Rental Housing Bonds, Series 2018E, 4.150%, 12/01/49 | 12/27 at 100.00 | AA+ | 2,775,075 | ||
9,545 | Total Virginia | 10,290,335 | ||||
Washington – 2.5% (2.0% of Total Investments) | ||||||
2,200 | Port of Seattle Industrial Development Corporation, Washington, Special Facilities Revenue Refunding Bonds, Delta Air Lines, Inc Project, Series 2012, 5.000%, 4/01/30 (AMT) | 4/23 at 100.00 | BB+ | 2,346,784 | ||
4,000 | Port of Seattle, Washington, Revenue Bonds, Refunding First Lien Series 2016B, 5.000%, 10/01/32 (AMT) (UB) (4) | 4/26 at 100.00 | Aa2 | 4,737,960 | ||
270 | Tacoma Consolidated Local Improvement District 65, Washington, Special Assessment Bonds, Series 2013, 5.750%, 4/01/43 | 9/21 at 100.00 | N/R | 272,074 | ||
5,000 | Washington Health Care Facilities Authority, Revenue Bonds, Catholic Health Initiative, Tender Option Bonds Trust 2015-XF1017, 3.749%, 1/01/35, 144A (IF) (4) | 7/24 at 100.00 | BBB+ | 5,115,600 | ||
970 | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 5.000%, 8/01/35 | 8/29 at 100.00 | BBB+ | 1,229,261 | ||
Washington State Housing Finance Commission, Non-Profit Housing Revenue Bonds, Mirabella Project, Series 2012A: | ||||||
585 | 6.000%, 10/01/22 (ETM), 144A | No Opt. Call | N/R (6) | 604,785 | ||
2,080 | 6.500%, 10/01/32 (Pre-refunded 10/03/22), 144A | 10/22 at 100.00 | N/R (6) | 2,220,379 | ||
1,000 | Washington State Housing Finance Commission, Non-Profit Revenue Bonds, Emerald Heights Project, Refunding 2013, 5.000%, 7/01/23 | No Opt. Call | A- | 1,082,520 | ||
16,105 | Total Washington | 17,609,363 | ||||
West Virginia – 0.1% (0.1% of Total Investments) | ||||||
500 | West Virginia Economic Development Authority, Excess Lottery Revenue Bonds, Series 2017A, 5.000%, 7/01/30 | 7/27 at 100.00 | AAA | 620,025 | ||
Wisconsin – 2.9% (2.3% of Total Investments) | ||||||
415 | Platteville Redevelopment Authority, Wisconsin, Revenue Bonds, University of Wisconsin - Platteville Real Estate Foundation Project, Series 2012A, 5.000%, 7/01/42 | 7/22 at 100.00 | BBB- | 427,599 |
21
NID | Nuveen Intermediate Duration Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
Public Finance Authority of Wisconsin, Educational Facility Revenue Bonds, Cottonwood Classical Preparatory School in Albuquerque, New Mexico, Series 2012A: | ||||||
$450 | 5.250%, 12/01/22 (ETM) | No Opt. Call | N/R (6) | $466,542 | ||
1,610 | 6.000%, 12/01/32 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (6) | 1,725,405 | ||
3,190 | Public Finance Authority of Wisconsin, Limited Obligation Grant Revenue Bonds, American Dream @ Meadowlands Project, Series 2017A, 6.250%, 8/01/27, 144A | No Opt. Call | N/R | 3,600,330 | ||
Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017: | ||||||
870 | 5.000%, 12/01/27, 144A | No Opt. Call | N/R | 933,023 | ||
1,000 | 6.500%, 12/01/37, 144A | 12/27 at 100.00 | N/R | 1,135,730 | ||
395 | Public Finance Authority of Wisconsin, Revenue Bonds, Prime Healthcare Foundation, Inc, Series 2017A, 5.000%, 12/01/27 | No Opt. Call | BBB- | 445,757 | ||
125 | Public Finance Authority of Wisconsin, Revenue Bonds, Roseman University of Health Sciences, Series 2012, 5.000%, 4/01/22 | No Opt. Call | BB | 127,930 | ||
155 | Public Finance Authority of Wisconsin, Senior Airport Facilities Revenue and Refunding Bonds, TrIPS Obligated Group, Series 2012B, 5.000%, 7/01/22 (AMT) | No Opt. Call | BBB+ | 157,342 | ||
4,300 | Public Finance Authority of Wisconsin, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Refunding Series 2016A-2, 2.875%, 5/01/27 (AMT) | 5/26 at 100.00 | A- | 4,730,774 | ||
1,115 | Public Finance Authority of Wisconsin, Student Housing Revenue Bonds, Collegiate Housing Foundation - Cullowhee LLC - Western California University Project, Series 2015A, 5.000%, 7/01/30 | 7/25 at 100.00 | BBB- | 1,250,428 | ||
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- | 56,817 | ||
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 | ||
Wisconsin Center District, Dedicated Tax Revenue Bonds, Refunding Junior Series 1999: | ||||||
5 | 5.250%, 12/15/23 | No Opt. Call | AA | 5,430 | ||
10 | 5.250%, 12/15/23 (ETM) | No Opt. Call | AA (6) | 10,544 | ||
5 | 5.250%, 12/15/27 (ETM) | No Opt. Call | AA (6) | 6,081 | ||
10 | 5.250%, 12/15/27 | No Opt. Call | AA | 12,089 | ||
2,175 | Wisconsin Housing and Economic Development Authority, Housing Revenue Bonds, Series 2017A, 4.000%, 11/01/47 | 11/26 at 100.00 | AA | 2,357,569 | ||
2,000 | Wisconsin Housing and Economic Development Authority, Housing Revenue Bonds, Series 2019A, 3.150%, 11/01/44 | 11/28 at 100.00 | AA | 2,125,880 | ||
18,265 | Total Wisconsin | 20,104,976 | ||||
$812,678 | Total Municipal Bonds (cost $792,331,498) | 843,439,819 |
22
Shares | Description (1) | Value | ||||
COMMON STOCKS – 5.2% (4.2% of Total Investments) | ||||||
Electric Utilities – 5.2% (4.2% of Total Investments) | ||||||
965,836 | Energy Harbor Corp (9), (10), (11) | $36,540,473 | ||||
Total Common Stocks (cost $25,699,081) | 36,540,473 | |||||
Total Long-Term Investments (cost $818,030,579) | 879,980,292 | |||||
Floating Rate Obligations – (5.1)% | (35,372,000) | |||||
Adjustable Rate MuniFund Term Preferred Shares, net of deferred offering costs – (25.0)% (12) | (174,939,813) | |||||
Other Assets Less Liabilities – 4.3% (13) | 30,076,672 | |||||
Net Assets Applicable to Common Shares – 100% | $699,745,151 |
Investments in Derivatives
Futures Contracts - Short | ||||||
Description | Number of Contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation (Depreciation) | Variation Margin Receivable/ (Payable) |
U.S. Treasury Ultra Bond | (17) | 12/21 | $(3,333,983) | $(3,353,781) | $(19,798) | $18,063 |
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).
23
NID | Nuveen Intermediate Duration Municipal Term Fund (continued) |
Portfolio of Investments August 31, 2021 | |
(Unaudited) |
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 | $ — | $843,439,819 | $ — | $843,439,819 |
Common Stocks | — | 36,540,473 | — | 36,540,473 |
Investments in Derivatives: | ||||
Futures Contracts | (19,798) | — | — | (19,798) |
Total | $(19,798) | $879,980,292 | $ — | $879,960,494 |
(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) | 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. | |
(6) | 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. | |
(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) | Variable rate security. The rate shown is the coupon as of the end of the reporting period. | |
(9) | For fair value measurement disclosure purposes, investment classified as Level 2. | |
(10) | Common Stock received as part of the bankruptcy settlement during February 2020 for Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2005A, 4.000%, 1/01/35, Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2008A, 2.700%, 4/01/35, Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/20, Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2006B, 0.000%, 12/01/33 and Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2005A, 3.750%, 12/01/40. | |
(11) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(12) | Adjustable Rate MuniFund Term Preferred Shares, net of deferred offering cost as a percentage of Total Investments is 19.9%. | |
(13) | Other assets less liabilities includes the unrealized appreciation (depreciation) of certain over-the-counter (“OTC”) derivatives as well as the OTC cleared and exchange-traded derivatives, when 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. | |
AMT | Alternative Minimum Tax | |
CPI YOY | U.S. Consumer Price Index for Urban Consumers | |
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. | |
PIK | Payment-in-kind (“PIK”) security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where applicable, represents the annualized rate of the last PIK payment made by the issuer as of the end of the reporting period. | |
UB | Underlying bond of an inverse floating rate trust reflected as a financing transaction. |
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