As of February 28, 2021, the Funds’ percentages of leverage are as shown in the accompanying table.
|
|
|
|
|
NNY
|
NAN
|
NRK
|
Effective Leverage*
|
0.00%
|
36.82%
|
37.44%
|
Regulatory Leverage*
|
0.00%
|
33.28%
|
36.50%
|
|
|
Variable Rate
|
|
|
Variable Rate
|
Remarketed
|
|
|
Preferred*
|
Preferred**
|
|
|
Shares Issued at
|
Shares Issued at
|
|
|
Liquidation Preference
|
Liquidation Preference
|
Total
|
NAN
|
$147,000,000
|
$ 89,000,000
|
$236,000,000
|
NRK
|
$ —
|
$743,800,000
|
$743,800,000
|
|
Per Common Share Amounts
|
||
Monthly Distributions (Ex-Dividend Date)
|
NNY
|
NAN
|
NRK
|
March 2020
|
$0.0280
|
$0.0480
|
$0.0450
|
April
|
0.0280
|
0.0480
|
0.0450
|
May
|
0.0280
|
0.0520
|
0.0450
|
June
|
0.0280
|
0.0520
|
0.0480
|
July
|
0.0280
|
0.0520
|
0.0480
|
August
|
0.0280
|
0.0520
|
0.0480
|
September
|
0.0280
|
0.0520
|
0.0480
|
October
|
0.0255
|
0.0520
|
0.0480
|
November
|
0.0255
|
0.0520
|
0.0480
|
December
|
0.0255
|
0.0520
|
0.0480
|
January
|
0.0255
|
0.0520
|
0.0480
|
February 2021
|
0.0255
|
0.0520
|
0.0480
|
Total Distributions from Net Investment Income
|
$0.3235
|
$0.6160
|
$0.5670
|
Yields
|
|
|
|
Market Yield*
|
3.18%
|
4.48%
|
4.29%
|
Taxable-Equivalent Yield*
|
6.28%
|
8.85%
|
8.47%
|
|
NNY
|
NAN
|
NRK
|
Common shares cumulatively repurchased and retired
|
0
|
277,714
|
390,000
|
Common shares authorized for repurchase
|
1,520,000
|
3,085,000
|
8,720,000
|
During the current reporting period, the Funds did not repurchase any of their outstanding common shares.
|
|
|
|
|
|||
OTHER COMMON SHARE INFORMATION
|
|
|
|
|
|||
As of February 28, 2021, and during the current reporting period, the Funds’ common share prices were trading at a
|
|
||
premium/(discount) to their common share NAVs as shown in the accompanying table.
|
|
|
|
|
NNY
|
NAN
|
NRK
|
Common share NAV
|
$10.11
|
$15.34
|
$14.84
|
Common share price
|
$9.63
|
$13.92
|
$13.44
|
Premium/(Discount) to NAV
|
(4.75)%
|
(9.26)%
|
(9.43)%
|
12-month average premium/(discount) to NAV
|
(2.25)%
|
(10.37)%
|
(11.68)%
|
Nuveen New York Municipal Value Fund
|
|
|
Performance Overview and Holding Summaries as of February 28, 2021
|
Refer to the Glossary of Terms Used in this Report for further definition of the terms used within this section.
|
|
|
|
Average Annual Total Returns as of February 28, 2021
|
|
|
|
|
Average Annual
|
||
|
1-Year
|
5-Year
|
10-Year
|
NNY at Common Share NAV
|
(0.17)%
|
3.61%
|
4.49%
|
NNY at Common Share Price
|
(3.94)%
|
2.93%
|
4.58%
|
S&P Municipal Bond New York Index
|
0.74%
|
3.10%
|
4.23%
|
S&P Municipal Bond Index
|
1.22%
|
3.41%
|
4.51%
|
NNY
|
Performance Overview and Holding Summaries as of
|
|
February 28, 2021 (continued)
|
Fund Allocation
|
|
(% of net assets)
|
|
Long-Term Municipal Bonds
|
97.3%
|
Other Assets Less Liabilities
|
2.7%
|
Net Assets
|
100%
|
States and Territories
|
|
(% of total municipal bonds)
|
|
New York
|
94.4%
|
Puerto Rico
|
3.6%
|
Guam
|
2.0%
|
Total
|
100%
|
Portfolio Composition
|
|
(% of total investments)
|
|
Tax Obligation/Limited
|
21.1%
|
Transportation
|
20.3%
|
Utilities
|
19.6%
|
Education and Civic Organizations
|
19.2%
|
U.S. Guaranteed
|
5.4%
|
Consumer Staples
|
4.1%
|
Other
|
10.3%
|
Total
|
100%
|
Portfolio Credit Quality
|
|
(% of total investment exposure)
|
|
U.S. Guaranteed
|
5.4%
|
AAA
|
17.0%
|
AA
|
36.0%
|
A
|
17.3%
|
BBB
|
7.1%
|
BB or Lower
|
9.9%
|
N/R
|
7.3%
|
Total
|
100%
|
NAN
|
Nuveen New York Quality Municipal
|
|
Income Fund
|
|
Performance Overview and Holding Summaries as of February 28, 2021
|
Refer to the Glossary of Terms Used in this Report for further definition of the terms used within this section.
|
|
|
Average Annual Total Returns as of February 28, 2021
|
|
|
|
|
|
Average Annual
|
|
|
1-Year
|
5-Year
|
10-Year
|
NAN at Common Share NAV
|
(0.40)%
|
4.08%
|
5.78%
|
NAN at Common Share Price
|
0.90%
|
4.07%
|
6.17%
|
S&P Municipal Bond New York Index
|
0.74%
|
3.10%
|
4.23%
|
S&P Municipal Bond Index
|
1.22%
|
3.41%
|
4.51%
|
NAN
|
Performance Overview and Holding Summaries as of
|
|
February 28, 2021 (continued)
|
Fund Allocation
|
|
(% of net assets)
|
|
Long-Term Municipal Bonds
|
150.7%
|
Other Assets Less Liabilities
|
4.4%
|
Net Assets Plus Floating Rate Obligations, AMTP
|
|
Shares, net of deferred offering costs & VRDP
|
|
Shares, net of deferred offering costs
|
155.1%
|
Floating Rate Obligations
|
(5.5)%
|
AMTP Shares, net of deferred offering costs
|
(31.0)%
|
VRDP Shares, net of deferred offering costs
|
(18.6)%
|
Net Assets
|
100%
|
States and Territories
|
|
(% of total municipal bonds)
|
|
New York
|
96.5%
|
Puerto Rico
|
2.5%
|
Guam
|
1.0%
|
Total
|
100%
|
Portfolio Composition
|
|
(% of total investments)
|
|
Transportation
|
21.8%
|
Tax Obligation/Limited
|
19.9%
|
Utilities
|
15.4%
|
Education and Civic Organizations
|
14.1%
|
Tax Obligation/General
|
9.8%
|
U.S. Guaranteed
|
6.5%
|
Other
|
12.5%
|
Total
|
100%
|
Portfolio Credit Quality
|
|
(% of total investment exposure)
|
|
U.S. Guaranteed
|
6.3%
|
AAA
|
12.9%
|
AA
|
42.3%
|
A
|
16.5%
|
BBB
|
6.3%
|
BB or Lower
|
8.2%
|
N/R
|
7.5%
|
Total
|
100%
|
NRK
|
Nuveen New York AMT-Free Quality
|
|
Municipal Income Fund
|
|
Performance Overview and Holding Summaries as of February 28, 2021
|
Refer to the Glossary of Terms Used in this Report for further definition of the terms used within this section.
|
|
|
|
Average Annual Total Returns as of February 28, 2021
|
|
|
|
|
|
Average Annual
|
|
|
1-Year
|
5-Year
|
10-Year
|
NRK at Common Share NAV
|
(0.16)%
|
4.34%
|
5.12%
|
NRK at Common Share Price
|
2.31%
|
4.99%
|
5.51%
|
S&P Municipal Bond New York Index
|
0.74%
|
3.10%
|
4.23%
|
S&P Municipal Bond Index
|
1.22%
|
3.41%
|
4.51%
|
NRK
|
Performance Overview and Holding Summaries as of
|
|
February 28, 2021 (continued)
|
Fund Allocation
|
|
(% of net assets)
|
|
Long-Term Municipal Bonds
|
157.9%
|
Other Assets Less Liabilities
|
1.7%
|
Net Assets Plus Floating Rate Obligations,
|
|
MFP Shares, net of deferred offering costs &
|
|
VRDP Shares, net of deferred offering costs
|
159.6%
|
Floating Rate Obligations
|
(2.4)%
|
MFP Shares, net of deferred offering costs
|
(6.1)%
|
VRDP Shares, net of deferred offering costs
|
(51.1)%
|
Net Assets
|
100%
|
States and Territories
|
|
(% of total municipal bonds)
|
|
New York
|
95.6%
|
Puerto Rico
|
3.7%
|
Guam
|
0.7%
|
Total
|
100%
|
Portfolio Composition
|
|
(% of total investments)
|
|
Tax Obligation/Limited
|
23.4%
|
Utilities
|
20.7%
|
Transportation
|
17.3%
|
Education and Civic Organizations
|
15.3%
|
U.S. Guaranteed
|
7.1%
|
Tax Obligation/General
|
5.2%
|
Other
|
11.0%
|
Total
|
100%
|
Portfolio Credit Quality
|
|
(% of total investment exposure)
|
|
U.S. Guaranteed
|
7.2%
|
AAA
|
14.8%
|
AA
|
43.3%
|
A
|
16.9%
|
BBB
|
2.9%
|
BB or Lower
|
5.2%
|
N/R
|
9.7%
|
Total
|
100%
|
|
NNY
|
|
Common
|
|
Shares
|
To approve an Agreement and Plan of Reorganization (March 17, 2021)
|
|
For
|
8,081,802
|
Against
|
639,875
|
Abstain
|
447,115
|
Total
|
9,168,792
|
|
|
To approve an Agreement and Plan of Reorganization that would result in the fund reorganizing as a newly created Massachusetts business trust (March 17, 2021)
|
|
For
|
7,945,048
|
Against
|
742,956
|
Abstain
|
480,788
|
Total
|
9,168,792
|
Nuveen New York Municipal Value Fund
|
|
||||
|
|
Portfolio of Investments
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|||||
|
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
LONG-TERM INVESTMENTS – 97.3% (100.0% of Total Investments)
|
|
|
|
|
|
MUNICIPAL BONDS – 97.3% (100.0% of Total Investments)
|
|
|
|
|
|
Consumer Staples – 4.0% (4.1% of Total Investments)
|
|
|
|
|
$ 1,000
|
Erie County Tobacco Asset Securitization Corporation, New York, Tobacco Settlement
|
3/21 at 100.00
|
B–
|
$ 1,000,980
|
|
|
Asset-Backed Bonds, Series 2005A, 5.000%, 6/01/38
|
|
|
|
|
|
New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds,
|
|
|
|
|
|
Series 2016A-1:
|
|
|
|
|
775
|
5.625%, 6/01/35
|
No Opt. Call
|
BBB
|
838,930
|
|
3,060
|
5.750%, 6/01/43
|
No Opt. Call
|
BB+
|
3,849,082
|
|
500
|
TSASC Inc, New York, Tobacco Settlement Asset-Backed Bonds, Fiscal 2017 Series B,
|
No Opt. Call
|
B–
|
524,900
|
|
|
5.000%, 6/01/25
|
|
|
|
|
5,335
|
Total Consumer Staples
|
|
|
6,213,892
|
|
|
Education and Civic Organizations – 18.7% (19.2% of Total Investments)
|
|
|
|
|
415
|
Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter
|
4/21 at 100.00
|
BB
|
415,730
|
|
|
Schools, Series 2007A, 5.000%, 4/01/37
|
|
|
|
|
735
|
Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue
|
3/21 at 100.00
|
B+
|
736,632
|
|
|
Bonds, Enterprise Charter School Project, Series 2011A, 7.500%, 12/01/40
|
|
|
|
|
1,250
|
Build New York City Resource Corporation, New York, Revenue Bonds, City University of
|
6/24 at 100.00
|
Aa2
|
1,406,875
|
|
|
New York – Queens College, Q Student Residences, LLC Project, Refunding Series 2014A,
|
|
|
|
|
|
5.000%, 6/01/43
|
|
|
|
|
|
Build New York City Resource Corporation, New York, Revenue Bonds, South Bronx Charter
|
|
|
|
|
|
School for International Cultures and the Arts Project, Series 2013A:
|
|
|
|
|
215
|
5.000%, 4/15/33
|
4/23 at 100.00
|
BB+
|
223,265
|
|
310
|
5.000%, 4/15/43
|
4/23 at 100.00
|
BB+
|
319,278
|
|
130
|
Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter
|
12/30 at 100.00
|
N/R
|
135,283
|
|
|
School, Series 2020C-1, 5.000%, 6/01/40, 144A
|
|
|
|
|
415
|
Dormitory Authority of the State of New York, General Revenue Bonds, Saint Johns
|
7/23 at 100.00
|
A–
|
443,116
|
|
|
University, Series 2013A, 5.000%, 7/01/44
|
|
|
|
|
1,000
|
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute
|
No Opt. Call
|
Baa2
|
1,166,830
|
|
|
of Technology, Series 2007, 5.250%, 7/01/34 – FGIC Insured
|
|
|
|
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University
|
|
|
|
|
|
Dormitory Facilities, Series 2015A:
|
|
|
|
|
235
|
5.000%, 7/01/31
|
7/25 at 100.00
|
Aa3
|
271,467
|
|
265
|
5.000%, 7/01/33
|
7/25 at 100.00
|
Aa3
|
304,594
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Icahn School of Medicine at
|
|
|
|
|
|
Mount Sinai, Refunding Series 2015A:
|
|
|
|
|
1,330
|
5.000%, 7/01/40
|
7/25 at 100.00
|
A–
|
1,517,530
|
|
2,180
|
5.000%, 7/01/45
|
7/25 at 100.00
|
A–
|
2,469,068
|
|
1,955
|
Dormitory Authority of the State of New York, Revenue Bonds, New School University,
|
7/25 at 100.00
|
A3
|
2,214,233
|
|
|
Series 2015A, 5.000%, 7/01/45
|
|
|
|
|
760
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
|
7/25 at 100.00
|
Aa2
|
896,367
|
|
|
2015A, 5.000%, 7/01/35
|
|
|
|
|
2,385
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
|
7/26 at 100.00
|
Aa2
|
2,854,893
|
|
|
2016A, 5.000%, 7/01/39
|
|
|
|
|
1,000
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
|
7/28 at 100.00
|
Aa2
|
1,239,330
|
|
|
2018A, 5.000%, 7/01/40
|
|
|
|
|
2,000
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
|
7/29 at 100.00
|
Aa2
|
2,480,500
|
|
|
2019A, 5.000%, 7/01/42
|
|
|
|
|
185
|
Dormitory Authority of the State of New York, Revenue Bonds, Rochester Institute of
|
7/29 at 100.00
|
A1
|
224,965
|
|
|
Technology, Series 2019A, 5.000%, 7/01/49
|
|
|
|
NNY
|
Nuveen New York Municipal Value Fund
|
|
|
||
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Education and Civic Organizations (continued)
|
|
|
|
|
$ 2,625
|
Dormitory Authority of the State of New York, Revenue Bonds, Rockefeller University,
|
7/30 at 100.00
|
Aa1
|
$ 3,286,920
|
|
|
Series 2020A, 5.000%, 7/01/53
|
|
|
|
|
680
|
Dormitory Authority of the State of New York, Revenue Bonds, Vaughn College of
|
12/26 at 100.00
|
BB–
|
724,676
|
|
|
Aeronautics & Technology, Series 2016A, 5.500%, 12/01/36, 144A
|
|
|
|
|
580
|
Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point
|
1/34 at 100.00
|
N/R
|
622,630
|
|
|
Public Improvement Project, Capital Appreciation Series 2016C, 0.000%, 1/01/55 (4)
|
|
|
|
|
300
|
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Adelphi
|
9/23 at 100.00
|
A–
|
320,769
|
|
|
University Project, Series 2013, 5.000%, 9/01/43
|
|
|
|
|
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, St John
|
|
|
|
|
|
Fisher College, Series 2011:
|
|
|
|
|
1,000
|
6.000%, 6/01/30
|
6/21 at 100.00
|
A–
|
1,010,860
|
|
1,000
|
6.000%, 6/01/34
|
6/21 at 100.00
|
A–
|
1,010,230
|
|
50
|
New Rochelle Corporation, New York, Local Development Revenue Bonds, Iona College
|
7/25 at 100.00
|
BBB
|
54,428
|
|
|
Project, Series 2015A, 5.000%, 7/01/45
|
|
|
|
|
220
|
New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes
|
1/31 at 100.00
|
AA
|
230,175
|
|
|
Revenue Bonds, Queens Baseball Stadium Project, Refunding Series 2021A, 3.000%,
|
|
|
|
|
|
1/01/40 – AGM Insured
|
|
|
|
|
325
|
New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes
|
9/30 at 100.00
|
AA
|
364,894
|
|
|
Revenue Bonds, Yankee Stadium Project, Series 2020A, 4.000%, 3/01/45
|
|
|
|
|
700
|
New York City Trust for Cultural Resources, New York, Revenue Bonds, Whitney Museum of
|
No Opt. Call
|
AA
|
945,385
|
|
|
American Art, Refunding Series 2021, 5.000%, 7/01/31
|
|
|
|
|
515
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, Bank of
|
3/29 at 100.00
|
A2
|
521,211
|
|
|
America Tower at One Bryant Park Project, Second Priority Refunding Series 2019 Class 2,
|
|
|
|
|
|
2.625%, 9/15/69
|
|
|
|
|
390
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, Bank of
|
3/29 at 100.00
|
Baa2
|
377,364
|
|
|
America Tower at One Bryant Park Project, Second Priority Refunding Series 2019 Class 3,
|
|
|
|
|
|
2.800%, 9/15/69
|
|
|
|
|
25,150
|
Total Education and Civic Organizations
|
|
|
28,789,498
|
|
|
Financials – 1.0% (1.0% of Total Investments)
|
|
|
|
|
1,000
|
Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds
|
No Opt. Call
|
A2
|
1,464,040
|
|
|
Series 2007, 5.500%, 10/01/37
|
|
|
|
|
|
Health Care – 3.1% (3.2% of Total Investments)
|
|
|
|
|
2,000
|
Dormitory Authority of the State of New York, Revenue Bonds, NYU Langone Hospitals
|
7/30 at 100.00
|
A
|
2,274,220
|
|
|
Obligated Group, Series 2020A, 4.000%, 7/01/50
|
|
|
|
|
650
|
Dutchess County Local Development Corporation, New York, Revenue Bonds, Health Quest
|
7/26 at 100.00
|
A–
|
692,724
|
|
|
Systems, Inc Project, Series 2016B, 4.000%, 7/01/41
|
|
|
|
|
290
|
Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds,
|
3/21 at 100.00
|
BB–
|
290,125
|
|
|
Nicholas H Noyes Hospital, Series 2005, 6.000%, 7/01/30
|
|
|
|
|
1,180
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Rochester
|
12/30 at 100.00
|
BBB+
|
1,324,019
|
|
|
Regional Health Project, Series 2020A, 4.000%, 12/01/46
|
|
|
|
|
250
|
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic
|
7/21 at 100.00
|
A–
|
253,208
|
|
|
Health Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%, 7/01/28
|
|
|
|
|
4,370
|
Total Health Care
|
|
|
4,834,296
|
|
|
Housing/Multifamily – 0.0% (0.0% of Total Investments)
|
|
|
|
|
50
|
East Syracuse Housing Authority, New York, FHA-Insured Section 8 Assisted Revenue
|
3/21 at 100.00
|
AA
|
50,223
|
|
|
Refunding Bonds, Bennet Project, Series 2001A, 6.700%, 4/01/21
|
|
|
|
|
|
Industrials – 2.2% (2.3% of Total Investments)
|
|
|
|
|
3,100
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade
|
11/24 at 100.00
|
N/R
|
3,372,335
|
|
|
Center Project, Class 1 Series 2014, 5.000%, 11/15/44, 144A
|
|
|
|
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Long-Term Care – 0.3% (0.3% of Total Investments)
|
|
|
|
|
$ 270
|
Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of
|
3/21 at 100.00
|
A2
|
$ 270,602
|
|
|
Queens Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31
|
|
|
|
|
75
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Saint Ann’s
|
1/26 at 103.00
|
N/R
|
82,319
|
|
|
Community Project, Series 2019, 5.000%, 1/01/40
|
|
|
|
|
165
|
Yonkers Industrial Development Agency, New York, Civic Facilities Revenue Bonds, Special
|
3/21 at 100.00
|
N/R
|
162,697
|
|
|
Needs Facilities Pooled Program Bonds, Series 2008-C1, 5.800%, 7/01/23
|
|
|
|
|
510
|
Total Long-Term Care
|
|
|
515,618
|
|
|
Materials – 0.3% (0.3% of Total Investments)
|
|
|
|
|
425
|
Build New York City Resource Corporation, New York, Solid Waste Disposal Revenue Bonds,
|
1/25 at 100.00
|
N/R
|
469,791
|
|
|
Pratt Paper NY, Inc Project, Series 2014, 5.000%, 1/01/35 (AMT), 144A
|
|
|
|
|
|
Tax Obligation/General – 3.1% (3.2% of Total Investments)
|
|
|
|
|
1,000
|
Nassau County, New York, General Obligation Bonds, General Improvement Bonds Series
|
4/30 at 100.00
|
AA
|
1,234,010
|
|
|
2019B, 5.000%, 4/01/49 – AGM Insured
|
|
|
|
|
1,000
|
New York City, New York, General Obligation Bonds, Fiscal 2014 Series A-1, 5.000%, 8/01/26
|
8/23 at 100.00
|
AA
|
1,109,880
|
|
90
|
New York City, New York, General Obligation Bonds, Fiscal 2017 Series B-1, 5.000%, 12/01/41
|
12/26 at 100.00
|
AA
|
106,647
|
|
1,900
|
New York City, New York, General Obligation Bonds, Fiscal 2018 Series F-1, 5.000%, 4/01/40
|
4/28 at 100.00
|
AA
|
2,272,419
|
|
3,990
|
Total Tax Obligation/General
|
|
|
4,722,956
|
|
|
Tax Obligation/Limited – 20.6% (21.1% of Total Investments)
|
|
|
|
|
2,500
|
Dormitory Authority of the State of New York, Master BOCES Program, Revenue Bonds,
|
8/28 at 100.00
|
Aa3
|
2,770,650
|
|
|
Onondaga, Cortland and Madison Issue, Series 2020, 4.000%, 8/15/41
|
|
|
|
|
2,290
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
2/22 at 100.00
|
AA+
|
2,386,684
|
|
|
General Purpose Series 2012D, 5.000%, 2/15/37
|
|
|
|
|
2,500
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
3/29 at 100.00
|
AA+
|
3,067,800
|
|
|
General Purpose, Series 2019A Bidding Group 2,3,4, 5.000%, 3/15/38
|
|
|
|
|
640
|
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series
|
9/25 at 100.00
|
AA+
|
756,710
|
|
|
2015B Group A,B&C, 5.000%, 3/15/35
|
|
|
|
|
2,500
|
Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D,
|
11/25 at 100.00
|
BB
|
2,849,600
|
|
|
5.000%, 11/15/28
|
|
|
|
|
1,000
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/28 at 100.00
|
AA
|
1,224,470
|
|
|
Fiscal 2018, Series 2017S-3, 5.250%, 7/15/45
|
|
|
|
|
1,250
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/28 at 100.00
|
AA
|
1,505,350
|
|
|
Fiscal 2019 Subseries S-1, 5.000%, 7/15/43
|
|
|
|
|
445
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/28 at 100.00
|
AA
|
549,037
|
|
|
Fiscal 2019 Subseries S-3A, 5.000%, 7/15/36
|
|
|
|
|
3,000
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/25 at 100.00
|
AA
|
3,497,430
|
|
|
Fiscal Series 2015S-2, 5.000%, 7/15/40
|
|
|
|
|
1,680
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
5/23 at 100.00
|
AAA
|
1,840,104
|
|
|
Subordinate Fiscal 2013 Series I, 5.000%, 5/01/38
|
|
|
|
|
1,225
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
2/24 at 100.00
|
AAA
|
1,376,447
|
|
|
Subordinate Fiscal 2014 Series D-1, 5.000%, 2/01/35
|
|
|
|
|
1,020
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
8/28 at 100.00
|
AAA
|
1,255,151
|
|
|
Subordinate Fiscal 2019 Series A-1, 5.000%, 8/01/38
|
|
|
|
|
1,500
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
11/30 at 100.00
|
AAA
|
1,930,740
|
|
|
Subordinate Fiscal 2021 Subseries A, 5.000%, 11/01/36
|
|
|
|
|
1,685
|
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds,
|
9/30 at 100.00
|
AA+
|
1,947,017
|
|
|
General Purpose, Series 2020A, 4.000%, 3/15/38
|
|
|
|
NNY
|
Nuveen New York Municipal Value Fund
|
|
|
||
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Tax Obligation/Limited (continued)
|
|
|
|
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds,
|
|
|
|
|
|
Restructured 2018A-1:
|
|
|
|
|
$ 4,855
|
0.000%, 7/01/46
|
7/28 at 41.38
|
N/R
|
$ 1,492,621
|
|
2,928
|
5.000%, 7/01/58
|
7/28 at 100.00
|
N/R
|
3,242,877
|
|
17
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable
|
7/28 at 100.00
|
N/R
|
18,320
|
|
|
Restructured Cofina Project Series 2019A-2, 4.536%, 7/01/53
|
|
|
|
|
31,035
|
Total Tax Obligation/Limited
|
|
|
31,711,008
|
|
|
Transportation – 19.7% (20.3% of Total Investments)
|
|
|
|
|
1,500
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green
|
No Opt. Call
|
A3
|
1,709,790
|
|
|
Climate Bond Certified Series 2019A-1, 5.000%, 11/15/48 (Mandatory Put 11/15/24)
|
|
|
|
|
970
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green
|
5/30 at 100.00
|
A3
|
1,142,088
|
|
|
Climate Bond Certified Series 2020C-1, 5.000%, 11/15/50
|
|
|
|
|
1,315
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding
|
11/25 at 100.00
|
A3
|
1,510,948
|
|
|
Series 2015F, 5.000%, 11/15/32
|
|
|
|
|
815
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/22 at 100.00
|
A3
|
864,462
|
|
|
2012E, 5.000%, 11/15/42
|
|
|
|
|
1,235
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/23 at 100.00
|
A3
|
1,334,343
|
|
|
2013E, 5.000%, 11/15/38
|
|
|
|
|
1,800
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/24 at 100.00
|
A3
|
1,989,036
|
|
|
2014D-1, 5.000%, 11/15/39
|
|
|
|
|
1,500
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds,
|
3/21 at 100.00
|
N/R
|
1,125,000
|
|
|
Bronx Parking Development Company, LLC Project, Series 2007, 5.875%, 10/01/46 (5)
|
|
|
|
|
660
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade
|
11/21 at 100.00
|
A
|
678,909
|
|
|
Center Project, Series 2011, 5.000%, 11/15/44
|
|
|
|
|
2,630
|
New York Transportation Development Corporation, New York, Special Facilities Bonds,
|
7/24 at 100.00
|
BBB
|
2,928,032
|
|
|
LaGuardia Airport Terminal B Redevelopment Project, Series 2016A, 5.000%, 7/01/46 (AMT)
|
|
|
|
|
|
New York Transportation Development Corporation, New York, Special Facility Revenue
|
|
|
|
|
|
Bonds, American Airlines, Inc John F Kennedy International Airport Project, Refunding
|
|
|
|
|
|
Series 2016:
|
|
|
|
|
700
|
5.000%, 8/01/26 (AMT)
|
8/21 at 100.00
|
B+
|
712,236
|
|
2,085
|
5.000%, 8/01/31 (AMT)
|
8/21 at 100.00
|
B+
|
2,119,611
|
|
85
|
New York Transportation Development Corporation, New York, Special Facility Revenue
|
8/30 at 100.00
|
B+
|
100,987
|
|
|
Bonds, American Airlines, Inc John F Kennedy International Airport Project, Series 2020,
|
|
|
|
|
|
5.375%, 8/01/36 (AMT)
|
|
|
|
|
230
|
New York Transportation Development Corporation, New York, Special Facility Revenue
|
12/30 at 100.00
|
Baa1
|
283,197
|
|
|
Bonds, Terminal 4 John F Kennedy International Airport Project, Series 2020A, 5.000%,
|
|
|
|
|
|
12/01/37 (AMT)
|
|
|
|
|
270
|
New York Transportation Development Corporation, New York, Special Facility Revenue
|
12/30 at 100.00
|
Baa1
|
332,713
|
|
|
Bonds, Terminal 4 John F Kennedy International Airport Project, Series 2020C,
|
|
|
|
|
|
5.000%, 12/01/37
|
|
|
|
|
|
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%, 1/01/27 (AMT)
|
No Opt. Call
|
Baa3
|
2,382,100
|
|
750
|
5.000%, 1/01/31 (AMT)
|
1/28 at 100.00
|
Baa3
|
895,627
|
|
3,000
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred
|
5/25 at 100.00
|
Aa3
|
3,477,330
|
|
|
Eighty-Ninth Series 2015, 5.000%, 5/01/40
|
|
|
|
|
1,575
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred
|
12/23 at 100.00
|
Aa3
|
1,736,815
|
|
|
Seventy Ninth Series 2013, 5.000%, 12/01/43
|
|
|
|
|
1,165
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred
|
9/28 at 100.00
|
Aa3
|
1,328,380
|
|
|
Eleventh Series 2018, 4.000%, 9/01/43
|
|
|
|
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Transportation (continued)
|
|
|
|
|
$ 1,000
|
Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, MTA Bridges &
|
11/30 at 100.00
|
AA–
|
$ 1,254,480
|
|
|
Tunnels, Series 2020A, 5.000%, 11/15/49
|
|
|
|
|
2,000
|
Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, Refunding
|
11/28 at 100.00
|
AA–
|
2,482,520
|
|
|
Series 2018C, 5.000%, 11/15/37
|
|
|
|
|
27,285
|
Total Transportation
|
|
|
30,388,604
|
|
|
U.S. Guaranteed – 5.2% (5.4% of Total Investments) (6)
|
|
|
|
|
400
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A,
|
5/21 at 100.00
|
A
|
403,204
|
|
|
5.000%, 5/01/38 (Pre-refunded 5/01/21)
|
|
|
|
|
415
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2012A,
|
9/22 at 100.00
|
N/R
|
445,221
|
|
|
5.000%, 9/01/37 (Pre-refunded 9/01/22)
|
|
|
|
|
2,685
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/22 at 100.00
|
A3
|
2,904,445
|
|
|
2012E, 5.000%, 11/15/42 (Pre-refunded 11/15/22)
|
|
|
|
|
1,100
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/23 at 100.00
|
A3
|
1,241,295
|
|
|
2013E, 5.000%, 11/15/31 (Pre-refunded 11/15/23)
|
|
|
|
|
3,000
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, University
|
7/21 at 100.00
|
AA–
|
3,048,480
|
|
|
of Rochester Project, Series 2011B, 5.000%, 7/01/41 (Pre-refunded 7/01/21)
|
|
|
|
|
45
|
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic
|
7/21 at 100.00
|
N/R
|
45,704
|
|
|
Health Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%,
|
|
|
|
|
|
7/01/28 (Pre-refunded 7/01/21)
|
|
|
|
|
7,645
|
Total U.S. Guaranteed
|
|
|
8,088,349
|
|
|
Utilities – 19.1% (19.6% of Total Investments)
|
|
|
|
|
300
|
Buffalo Municipal Water Finance Authority, New York, Water System Revenue Bonds,
|
7/25 at 100.00
|
A+
|
350,616
|
|
|
Refunding Series 2015A, 5.000%, 7/01/29
|
|
|
|
|
90
|
Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34
|
10/22 at 100.00
|
BBB
|
93,738
|
|
135
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series
|
9/24 at 100.00
|
A
|
151,628
|
|
|
2014A, 5.000%, 9/01/44
|
|
|
|
|
475
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series
|
9/27 at 100.00
|
A
|
568,394
|
|
|
2017, 5.000%, 9/01/47
|
|
|
|
|
835
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2012A,
|
9/22 at 100.00
|
A2
|
890,235
|
|
|
5.000%, 9/01/37
|
|
|
|
|
3,000
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
6/27 at 100.00
|
AA+
|
3,562,590
|
|
|
General Resolution Revenue Bonds, Fiscal 2018 Series CC-1, 5.000%, 6/15/48
|
|
|
|
|
1,000
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
12/27 at 100.00
|
AA+
|
1,216,100
|
|
|
General Resolution Revenue Bonds, Fiscal 2018 Series EE, 5.000%, 6/15/40
|
|
|
|
|
|
New York State Environmental Facilities Corporation, State Clean Water and Drinking
|
|
|
|
|
|
Water Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority
|
|
|
|
|
|
Projects, Second Resolution:
|
|
|
|
|
2,100
|
5.000%, 6/15/36
|
6/25 at 100.00
|
AAA
|
2,450,196
|
|
2,500
|
5.000%, 6/15/40
|
6/25 at 100.00
|
AAA
|
2,904,325
|
|
|
New York State Environmental Facilities Corporation, State Clean Water and Drinking
|
|
|
|
|
|
Water Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority
|
|
|
|
|
|
Projects-Second Resolution Bonds,:
|
|
|
|
|
1,000
|
5.000%, 6/15/46
|
6/27 at 100.00
|
AAA
|
1,212,010
|
|
4,300
|
5.000%, 6/15/47
|
6/27 at 100.00
|
AAA
|
5,213,578
|
|
1,000
|
New York State Environmental Facilities Corporation, State Revolving Funds Revenue
|
2/22 at 100.00
|
AAA
|
1,041,930
|
|
|
Bonds, 2010 Master Financing Program, Series 2012B, 5.000%, 2/15/42
|
|
|
|
|
2,000
|
New York State Power Authority, General Revenue Bonds, Series 2020A, 4.000%, 11/15/55
|
5/30 at 100.00
|
AA
|
2,283,240
|
|
400
|
Niagara Area Development Corporation, New York, Solid Waste Disposal Facility Revenue
|
7/23 at 100.00
|
B1
|
418,848
|
|
|
Refunding Bonds, Covanta Energy Project, Series 2018A, 4.750%, 11/01/42 (AMT), 144A
|
|
|
|
NNY
|
Nuveen New York Municipal Value Fund
|
|
|
||
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Utilities (continued)
|
|
|
|
|
|
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A:
|
|
|
|
|
$ 75
|
5.500%, 7/01/28
|
7/22 at 100.00
|
CCC
|
$ 79,200
|
|
275
|
5.750%, 7/01/37
|
7/22 at 100.00
|
CCC
|
291,307
|
|
225
|
6.000%, 7/01/47
|
7/22 at 100.00
|
CCC
|
239,083
|
|
175
|
Suffolk County Industrial Development Agency, New York, Revenue Bonds, Nissequogue
|
3/21 at 100.00
|
N/R
|
176,542
|
|
|
Cogeneration Partners Facility, Series 1998, 5.500%, 1/01/23 (AMT)
|
|
|
|
|
|
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2013TE:
|
|
|
|
|
4,440
|
5.000%, 12/15/34
|
12/23 at 100.00
|
AAA
|
4,993,180
|
|
1,100
|
5.000%, 12/15/41
|
12/23 at 100.00
|
AAA
|
1,229,888
|
|
25,425
|
Total Utilities
|
|
|
29,366,628
|
|
$ 135,320
|
Total Long-Term Investments (cost $139,730,696)
|
|
|
149,987,238
|
|
|
Other Assets Less Liabilities – 2.7%
|
|
|
4,135,106
|
|
|
Net Asset Applicable to Common Shares–100%
|
|
|
$ 154,122,344
|
NAN
|
Nuveen New York Quality Municipal Income Fund
|
|
|||
|
|
Portfolio of Investments
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
LONG-TERM INVESTMENTS – 150.7% (100.0% of Total Investments)
|
|
|
|
|
|
MUNICIPAL BONDS – 150.7% (100.0% of Total Investments)
|
|
|
|
|
|
Consumer Staples – 5.3% (3.5% of Total Investments)
|
|
|
|
|
|
Erie County Tobacco Asset Securitization Corporation, New York, Tobacco Settlement
|
|
|
|
|
|
Asset-Backed Bonds, Series 2005A:
|
|
|
|
|
$ 12,500
|
5.000%, 6/01/38
|
3/21 at 100.00
|
B–
|
$ 12,512,250
|
|
3,210
|
5.000%, 6/01/45
|
3/21 at 100.00
|
B–
|
3,213,146
|
|
|
New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds,
|
|
|
|
|
|
Series 2016A-1:
|
|
|
|
|
290
|
5.625%, 6/01/35
|
No Opt. Call
|
BBB
|
313,922
|
|
1,145
|
5.750%, 6/01/43
|
No Opt. Call
|
BB+
|
1,440,261
|
|
7,155
|
TSASC Inc, New York, Tobacco Asset-Backed Bonds, Series 2006, 5.000%, 6/01/48
|
6/27 at 100.00
|
N/R
|
7,702,286
|
|
24,300
|
Total Consumer Staples
|
|
|
25,181,865
|
|
|
Education and Civic Organizations – 21.2% (14.1% of Total Investments)
|
|
|
|
|
1,855
|
Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter
|
4/21 at 100.00
|
BB
|
1,858,265
|
|
|
Schools, Series 2007A, 5.000%, 4/01/37
|
|
|
|
|
3,200
|
Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue
|
3/21 at 100.00
|
B+
|
3,207,104
|
|
|
Bonds, Enterprise Charter School Project, Series 2011A, 7.500%, 12/01/40
|
|
|
|
|
|
Build New York City Resource Corporation, New York, Revenue Bonds, City University of
|
|
|
|
|
|
New York – Queens College, Q Student Residences, LLC Project, Refunding Series 2014A:
|
|
|
|
|
1,025
|
5.000%, 6/01/32
|
6/24 at 100.00
|
Aa2
|
1,165,979
|
|
2,070
|
5.000%, 6/01/43
|
6/24 at 100.00
|
Aa2
|
2,329,785
|
|
|
Build New York City Resource Corporation, New York, Revenue Bonds, Metropolitan College
|
|
|
|
|
|
of New York, Series 2014:
|
|
|
|
|
1,405
|
5.250%, 11/01/34
|
11/24 at 100.00
|
BB
|
1,527,600
|
|
1,300
|
5.000%, 11/01/39
|
11/24 at 100.00
|
BB
|
1,395,134
|
|
|
Build New York City Resource Corporation, New York, Revenue Bonds, South Bronx Charter
|
|
|
|
|
|
School for International Cultures and the Arts Project, Series 2013A:
|
|
|
|
|
950
|
5.000%, 4/15/33
|
4/23 at 100.00
|
BB+
|
986,518
|
|
1,380
|
5.000%, 4/15/43
|
4/23 at 100.00
|
BB+
|
1,421,303
|
|
1,000
|
Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter
|
12/30 at 100.00
|
N/R
|
1,001,430
|
|
|
School, Series 2020A-1, 5.250%, 6/01/40, 144A
|
|
|
|
|
1,760
|
Dormitory Authority of the State of New York, General Revenue Bonds, Saint Johns
|
7/23 at 100.00
|
A–
|
1,879,240
|
|
|
University, Series 2013A, 5.000%, 7/01/44
|
|
|
|
|
2,000
|
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute
|
No Opt. Call
|
Baa2
|
2,302,980
|
|
|
of Technology, Series 2007, 5.250%, 7/01/29 – FGIC Insured
|
|
|
|
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University
|
|
|
|
|
|
Dormitory Facilities, Series 2015A:
|
|
|
|
|
1,120
|
5.000%, 7/01/31
|
7/25 at 100.00
|
Aa3
|
1,293,802
|
|
1,245
|
5.000%, 7/01/33
|
7/25 at 100.00
|
Aa3
|
1,431,015
|
|
1,565
|
Dormitory Authority of the State of New York, Revenue Bonds, Fordham University, Series
|
7/29 at 100.00
|
A
|
1,755,711
|
|
|
2020, 4.000%, 7/01/46
|
|
|
|
|
5,090
|
Dormitory Authority of the State of New York, Revenue Bonds, Icahn School of Medicine at
|
7/25 at 100.00
|
A–
|
5,807,690
|
|
|
Mount Sinai, Refunding Series 2015A, 5.000%, 7/01/40
|
|
|
|
|
1,955
|
Dormitory Authority of the State of New York, Revenue Bonds, New School University,
|
7/25 at 100.00
|
A3
|
2,214,233
|
|
|
Series 2015A, 5.000%, 7/01/45
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University,
|
|
|
|
|
|
Series 2015A:
|
|
|
|
|
1,000
|
5.000%, 7/01/34
|
7/25 at 100.00
|
Aa2
|
1,181,770
|
|
2,300
|
5.000%, 7/01/35
|
7/25 at 100.00
|
Aa2
|
2,712,689
|
NAN
|
Nuveen New York Quality Municipal Income Fund
|
|
|||
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Education and Civic Organizations (continued)
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University,
|
|
|
|
|
|
Series 2016A:
|
|
|
|
|
$ 5,100
|
5.000%, 7/01/33
|
7/26 at 100.00
|
Aa2
|
$ 6,169,368
|
|
3,765
|
5.000%, 7/01/36
|
7/26 at 100.00
|
Aa2
|
4,528,354
|
|
1,055
|
5.000%, 7/01/39
|
7/26 at 100.00
|
Aa2
|
1,262,856
|
|
5,500
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
|
7/29 at 100.00
|
Aa2
|
6,763,515
|
|
|
2019A, 5.000%, 7/01/49
|
|
|
|
|
905
|
Dormitory Authority of the State of New York, Revenue Bonds, Rochester Institute of
|
7/29 at 100.00
|
A1
|
1,100,507
|
|
|
Technology, Series 2019A, 5.000%, 7/01/49
|
|
|
|
|
3,925
|
Dormitory Authority of the State of New York, Revenue Bonds, Rockefeller University,
|
7/29 at 100.00
|
Aa1
|
5,050,454
|
|
|
Series 2019A, 5.000%, 7/01/35
|
|
|
|
|
2,625
|
Dormitory Authority of the State of New York, Revenue Bonds, Rockefeller University,
|
7/30 at 100.00
|
Aa1
|
3,286,920
|
|
|
Series 2020A, 5.000%, 7/01/53
|
|
|
|
|
3,140
|
Dormitory Authority of the State of New York, Revenue Bonds, Vaughn College of
|
12/26 at 100.00
|
BB–
|
3,346,298
|
|
|
Aeronautics & Technology, Series 2016A, 5.500%, 12/01/36, 144A
|
|
|
|
|
2,705
|
Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point
|
1/34 at 100.00
|
N/R
|
2,903,817
|
|
|
Public Improvement Project, Capital Appreciation Series 2016C, 0.000%, 1/01/55 (4)
|
|
|
|
|
|
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Adelphi
|
|
|
|
|
|
University Project, Series 2013:
|
|
|
|
|
1,005
|
5.000%, 9/01/38
|
9/23 at 100.00
|
A–
|
1,079,290
|
|
265
|
5.000%, 9/01/43
|
9/23 at 100.00
|
A–
|
283,346
|
|
5,000
|
Madison County Capital Resource Corporation, New York, Revenue Bonds, Colgate University
|
7/25 at 100.00
|
AA
|
5,682,550
|
|
|
Project, Refunding Series 2015A, 5.000%, 7/01/40
|
|
|
|
|
890
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, St John
|
6/21 at 100.00
|
A–
|
899,665
|
|
|
Fisher College, Series 2011, 6.000%, 6/01/30
|
|
|
|
|
3,030
|
New Rochelle Corporation, New York, Local Development Revenue Bonds, Iona College
|
7/25 at 100.00
|
BBB
|
3,298,367
|
|
|
Project, Series 2015A, 5.000%, 7/01/45
|
|
|
|
|
4,545
|
New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes
|
1/31 at 100.00
|
AA
|
4,805,156
|
|
|
Revenue Bonds, Queens Baseball Stadium Project, Refunding Series 2021A, 3.000%, 1/01/37 –
|
|
|
|
|
|
AGM Insured
|
|
|
|
|
1,425
|
New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes
|
9/30 at 100.00
|
AA
|
1,599,919
|
|
|
Revenue Bonds, Yankee Stadium Project, Series 2020A, 4.000%, 3/01/45
|
|
|
|
|
2,805
|
New York City Trust for Cultural Resources, New York, Revenue Bonds, Whitney Museum of
|
No Opt. Call
|
AA
|
3,788,293
|
|
|
American Art, Refunding Series 2021, 5.000%, 7/01/31
|
|
|
|
|
2,520
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, Bank of
|
3/29 at 100.00
|
A2
|
2,550,391
|
|
|
America Tower at One Bryant Park Project, Second Priority Refunding Series 2019 Class 2,
|
|
|
|
|
|
2.625%, 9/15/69
|
|
|
|
|
1,900
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, Bank of
|
3/29 at 100.00
|
Baa2
|
1,838,440
|
|
|
America Tower at One Bryant Park Project, Second Priority Refunding Series 2019 Class 3,
|
|
|
|
|
|
2.800%, 9/15/69
|
|
|
|
|
1,515
|
Onondaga Civic Development Corporation, New York, Revenue Bonds, Le Moyne College
|
7/25 at 100.00
|
Baa2
|
1,667,833
|
|
|
Project, Series 2015, 5.000%, 7/01/40
|
|
|
|
|
|
Saint Lawrence County Industrial Development Agency Civic Development Corporation, New
|
|
|
|
|
|
York, Revenue Bonds, Clarkson University Project, Series 2012A:
|
|
|
|
|
1,050
|
5.250%, 9/01/33
|
3/22 at 100.00
|
Baa1
|
1,080,902
|
|
1,750
|
5.000%, 9/01/41
|
3/22 at 100.00
|
Baa1
|
1,791,493
|
|
88,640
|
Total Education and Civic Organizations
|
|
|
100,249,982
|
|
|
Financials – 3.5% (2.3% of Total Investments)
|
|
|
|
|
4,725
|
Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds,
|
No Opt. Call
|
A2
|
6,621,095
|
|
|
Series 2005, 5.250%, 10/01/35
|
|
|
|
|
6,885
|
Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds
|
No Opt. Call
|
A2
|
10,079,917
|
|
|
Series 2007, 5.500%, 10/01/37
|
|
|
|
|
11,610
|
Total Financials
|
|
|
16,701,012
|
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Health Care – 5.0% (3.4% of Total Investments)
|
|
|
|
|
$ 3,700
|
Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island
|
5/25 at 100.00
|
A–
|
$ 4,129,089
|
|
|
Jewish Obligated Group, Series 2015A, 5.000%, 5/01/43
|
|
|
|
|
9,150
|
Dormitory Authority of the State of New York, Revenue Bonds, NYU Langone Hospitals
|
7/30 at 100.00
|
A
|
10,341,970
|
|
|
Obligated Group, Series 2020A, 4.000%, 7/01/53
|
|
|
|
|
4,120
|
Dutchess County Local Development Corporation, New York, Revenue Bonds, Health Quest
|
7/26 at 100.00
|
A–
|
4,773,556
|
|
|
Systems, Inc Project, Series 2016B, 5.000%, 7/01/32
|
|
|
|
|
710
|
Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds,
|
3/21 at 100.00
|
BB–
|
710,305
|
|
|
Nicholas H Noyes Hospital, Series 2005, 6.000%, 7/01/30
|
|
|
|
|
1,000
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Rochester
|
12/30 at 100.00
|
BBB+
|
1,143,470
|
|
|
Regional Health Project, Series 2020A, 4.000%, 12/01/39
|
|
|
|
|
2,730
|
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic
|
7/21 at 100.00
|
A–
|
2,765,026
|
|
|
Health Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%, 7/01/28
|
|
|
|
|
21,410
|
Total Health Care
|
|
|
23,863,416
|
|
|
Housing/Single Family – 0.2% (0.1% of Total Investments)
|
|
|
|
|
645
|
Guam Housing Corporation, Mortgage-Backed Securities Program Single Family Mortgage
|
No Opt. Call
|
N/R
|
684,880
|
|
|
Revenue Bonds, Series 1998A, 5.750%, 9/01/31 (AMT)
|
|
|
|
|
|
Industrials – 3.9% (2.6% of Total Investments)
|
|
|
|
|
17,145
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade
|
11/24 at 100.00
|
N/R
|
18,651,188
|
|
|
Center Project, Class 1 Series 2014, 5.000%, 11/15/44, 144A
|
|
|
|
|
|
Long-Term Care – 0.5% (0.3% of Total Investments)
|
|
|
|
|
1,275
|
Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of
|
3/21 at 100.00
|
A2
|
1,277,843
|
|
|
Queens Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31
|
|
|
|
|
340
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Saint Ann’s
|
1/26 at 103.00
|
N/R
|
373,181
|
|
|
Community Project, Series 2019, 5.000%, 1/01/40
|
|
|
|
|
565
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds,
|
3/21 at 100.00
|
N/R
|
540,614
|
|
|
Special Needs Facilities Pooled Program, Series 2008A-1, 5.800%, 7/01/23
|
|
|
|
|
120
|
Yonkers Industrial Development Agency, New York, Civic Facilities Revenue Bonds, Special
|
3/21 at 100.00
|
N/R
|
118,325
|
|
|
Needs Facilities Pooled Program Bonds, Series 2008-C1, 5.800%, 7/01/23
|
|
|
|
|
2,300
|
Total Long-Term Care
|
|
|
2,309,963
|
|
|
Materials – 0.5% (0.3% of Total Investments)
|
|
|
|
|
1,935
|
Build New York City Resource Corporation, New York, Solid Waste Disposal Revenue Bonds,
|
1/25 at 100.00
|
N/R
|
2,138,930
|
|
|
Pratt Paper NY, Inc Project, Series 2014, 5.000%, 1/01/35 (AMT), 144A
|
|
|
|
|
|
Tax Obligation/General – 14.8% (9.8% of Total Investments)
|
|
|
|
|
8,000
|
Nassau County, New York, General Obligation Bonds, General Improvement Bonds Series
|
4/30 at 100.00
|
AA
|
9,872,080
|
|
|
2019B, 5.000%, 4/01/49 – AGM Insured
|
|
|
|
|
|
Nassau County, New York, General Obligation Bonds, General Improvement Series 2016C:
|
|
|
|
|
1,395
|
5.000%, 4/01/35
|
4/26 at 100.00
|
A+
|
1,627,351
|
|
2,000
|
5.000%, 4/01/43
|
4/26 at 100.00
|
A+
|
2,305,640
|
|
500
|
Nassau County, New York, General Obligation Bonds, General Improvement Series, Refunding
|
3/21 at 122.73
|
A+
|
576,490
|
|
|
2016A, 5.000%, 1/01/38
|
|
|
|
|
5,000
|
New York City, New York, General Obligation Bonds, Fiscal 2014 Series A-1, 5.000%, 8/01/26
|
8/23 at 100.00
|
AA
|
5,549,400
|
|
8,775
|
New York City, New York, General Obligation Bonds, Fiscal 2017 Series B-1, 5.000%, 12/01/41
|
12/26 at 100.00
|
AA
|
10,398,112
|
|
4,000
|
New York City, New York, General Obligation Bonds, Fiscal 2018 Series B-1, 5.000%, 10/01/37
|
10/27 at 100.00
|
AA
|
4,847,240
|
|
|
New York City, New York, General Obligation Bonds, Fiscal 2018 Series E-1:
|
|
|
|
|
7,000
|
5.000%, 3/01/38 (UB) (5)
|
3/28 at 100.00
|
AA
|
8,403,850
|
|
1,000
|
5.000%, 3/01/39
|
3/28 at 100.00
|
AA
|
1,196,960
|
|
|
New York City, New York, General Obligation Bonds, Fiscal 2018 Series F-1:
|
|
|
|
|
6,480
|
5.000%, 4/01/40
|
4/28 at 100.00
|
AA
|
7,750,145
|
|
1,420
|
5.000%, 4/01/43
|
4/28 at 100.00
|
AA
|
1,682,955
|
NAN
|
Nuveen New York Quality Municipal Income Fund
|
|
|||
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Tax Obligation/General (continued)
|
|
|
|
|
$ 7,500
|
New York City, New York, General Obligation Bonds, Fiscal 2021 Series C, 5.000%, 8/01/42
|
8/30 at 100.00
|
AA
|
$ 9,324,225
|
|
|
New York City, New York, General Obligation Bonds, Tender Option Bond Trust 2016-XG0082:
|
|
|
|
|
3,125
|
17.766%, 3/01/31, 144A (IF) (5)
|
3/23 at 100.00
|
AA
|
4,323,000
|
|
1,525
|
17.766%, 3/01/31, 144A (IF) (5)
|
3/23 at 100.00
|
AA
|
2,109,624
|
|
57,720
|
Total Tax Obligation/General
|
|
|
69,967,072
|
|
|
Tax Obligation/Limited – 30.1% (19.9% of Total Investments)
|
|
|
|
|
980
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
3/21 at 100.00
|
AA+
|
983,214
|
|
|
General Purpose Series 2011C, 5.000%, 3/15/41
|
|
|
|
|
1,000
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
2/22 at 100.00
|
AA+
|
1,043,500
|
|
|
General Purpose Series 2012D, 5.000%, 2/15/33
|
|
|
|
|
2,080
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
3/24 at 100.00
|
AA+
|
2,338,149
|
|
|
General Purpose Series 2014C Group C, 5.000%, 3/15/44
|
|
|
|
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
|
|
|
|
|
General Purpose, Series 2019A Bidding Group 2,3,4:
|
|
|
|
|
4,800
|
5.000%, 3/15/38
|
3/29 at 100.00
|
AA+
|
5,890,176
|
|
5,500
|
5.000%, 3/15/46
|
3/29 at 100.00
|
AA+
|
6,618,095
|
|
5,000
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
9/30 at 100.00
|
AA+
|
5,917,350
|
|
|
General Purpose, Series 2020A Bidding Group 2, 4.000%, 3/15/34
|
|
|
|
|
1,000
|
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series
|
9/25 at 100.00
|
AA+
|
1,182,360
|
|
|
2015B Group A,B&C, 5.000%, 3/15/35
|
|
|
|
|
6,000
|
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series
|
9/28 at 100.00
|
AA+
|
7,264,560
|
|
|
2018E Group 4, 5.000%, 3/15/44
|
|
|
|
|
|
Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D:
|
|
|
|
|
3,225
|
5.000%, 11/15/28
|
11/25 at 100.00
|
BB
|
3,675,984
|
|
2,355
|
5.000%, 11/15/34
|
11/25 at 100.00
|
BB
|
2,634,350
|
|
3,750
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Second Indenture
|
2/27 at 100.00
|
Aa3
|
4,389,975
|
|
|
Fiscal 2017 Series A, 5.000%, 2/15/42
|
|
|
|
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012
|
|
|
|
|
|
Series 2011A:
|
|
|
|
|
2,505
|
5.750%, 2/15/47
|
3/21 at 100.00
|
AA–
|
2,514,995
|
|
1,880
|
5.250%, 2/15/47
|
3/21 at 100.00
|
AA–
|
1,886,561
|
|
3,000
|
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Climate Bond
|
11/26 at 100.00
|
AA
|
3,555,540
|
|
|
Certified, Green Series 2016B-1, 5.000%, 11/15/36
|
|
|
|
|
|
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Refunding
|
|
|
|
|
|
Series 2012A:
|
|
|
|
|
1,815
|
5.000%, 11/15/27
|
11/22 at 100.00
|
AA
|
1,953,630
|
|
2,250
|
5.000%, 11/15/29
|
11/22 at 100.00
|
AA
|
2,421,045
|
|
9,000
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/28 at 100.00
|
AA
|
11,259,810
|
|
|
Fiscal 2018 Series Subseries S-4A, 5.250%, 7/15/36
|
|
|
|
|
3,500
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/28 at 100.00
|
AA
|
4,264,855
|
|
|
Fiscal 2018, Series 2017S-3, 5.000%, 7/15/38
|
|
|
|
|
2,000
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/28 at 100.00
|
AA
|
2,399,620
|
|
|
Fiscal 2019 Subseries S-1, 5.000%, 7/15/45
|
|
|
|
|
890
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/28 at 100.00
|
AA
|
1,098,073
|
|
|
Fiscal 2019 Subseries S-3A, 5.000%, 7/15/36
|
|
|
|
|
1,870
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/22 at 100.00
|
AA
|
1,983,416
|
|
|
Fiscal Series 2013S-1, 5.000%, 7/15/31
|
|
|
|
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
|
|
|
|
|
Subordinate Fiscal 2012 Series E-1:
|
|
|
|
|
3,775
|
5.000%, 2/01/37
|
2/22 at 100.00
|
AAA
|
3,932,153
|
|
3,950
|
5.000%, 2/01/42
|
2/22 at 100.00
|
AAA
|
4,109,264
|
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Tax Obligation/Limited (continued)
|
|
|
|
|
$ 3,090
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
2/23 at 100.00
|
AAA
|
$ 3,365,257
|
|
|
Subordinate Fiscal 2013 Series F-1, 5.000%, 2/01/29
|
|
|
|
|
7,860
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
5/23 at 100.00
|
AAA
|
8,609,058
|
|
|
Subordinate Fiscal 2013 Series I, 5.000%, 5/01/38
|
|
|
|
|
4,170
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
2/24 at 100.00
|
AAA
|
4,685,537
|
|
|
Subordinate Fiscal 2014 Series D-1, 5.000%, 2/01/35
|
|
|
|
|
5,000
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
8/26 at 100.00
|
AAA
|
5,985,500
|
|
|
Subordinate Fiscal 2017 Series B-1, 5.000%, 8/01/36
|
|
|
|
|
2,000
|
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue
|
3/21 at 100.00
|
AAA
|
2,006,780
|
|
|
Bonds, Subordinate Series 2011-D1, 5.000%, 2/01/35
|
|
|
|
|
6,000
|
New York City, New York, Educational Construction Fund Revenue Bonds, Series 2011A,
|
4/21 at 100.00
|
AA–
|
6,026,340
|
|
|
5.750%, 4/01/41
|
|
|
|
|
9,000
|
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds,
|
9/30 at 100.00
|
AA+
|
10,399,500
|
|
|
General Purpose, Series 2020A, 4.000%, 3/15/38
|
|
|
|
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:
|
|
|
|
|
8,215
|
0.000%, 7/01/46
|
7/28 at 41.38
|
N/R
|
2,525,620
|
|
10,955
|
5.000%, 7/01/58
|
7/28 at 100.00
|
N/R
|
12,133,101
|
|
32
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable
|
7/28 at 100.00
|
N/R
|
34,484
|
|
|
Restructured Cofina Project Series 2019A-2, 4.536%, 7/01/53
|
|
|
|
|
|
Syracuse Industrial Development Authority, New York, PILOT Revenue Bonds, Carousel
|
|
|
|
|
|
Center Project, Refunding Series 2016A:
|
|
|
|
|
2,000
|
5.000%, 1/01/29 (AMT)
|
1/26 at 100.00
|
BB
|
2,087,840
|
|
1,000
|
5.000%, 1/01/35 (AMT)
|
1/26 at 100.00
|
BB
|
1,024,050
|
|
131,447
|
Total Tax Obligation/Limited
|
|
|
142,199,742
|
|
|
|||||
|
Transportation – 32.8% (21.8% of Total Investments)
|
|
|
|
|
5,425
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green
|
5/26 at 100.00
|
A3
|
6,121,082
|
|
|
Climate Bond Certified Series 2016A-1, 5.000%, 11/15/46
|
|
|
|
|
1,110
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green
|
5/30 at 100.00
|
A3
|
1,306,925
|
|
|
Climate Bond Certified Series 2020C-1, 5.000%, 11/15/50
|
|
|
|
|
5,000
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding
|
11/26 at 100.00
|
A3
|
5,773,500
|
|
|
Green Series 2016B, 5.000%, 11/15/37
|
|
|
|
|
1,540
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/22 at 100.00
|
A3
|
1,633,463
|
|
|
2012E, 5.000%, 11/15/42
|
|
|
|
|
5,000
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/25 at 100.00
|
A3
|
5,851,000
|
|
|
2015C-1, 5.250%, 11/15/29
|
|
|
|
|
11,920
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/26 at 100.00
|
A3
|
13,835,902
|
|
|
2016C-1, 5.250%, 11/15/56
|
|
|
|
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds,
|
|
|
|
|
|
Bronx Parking Development Company, LLC Project, Series 2007:
|
|
|
|
|
200
|
5.750%, 10/01/37 (6)
|
3/21 at 100.00
|
N/R
|
150,000
|
|
5,500
|
5.875%, 10/01/46 (6)
|
3/21 at 100.00
|
N/R
|
4,125,000
|
|
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade
|
|
|
|
|
|
Center Project, Series 2011:
|
|
|
|
|
2,850
|
5.000%, 11/15/44
|
11/21 at 100.00
|
A
|
2,931,652
|
|
5,000
|
5.750%, 11/15/51
|
11/21 at 100.00
|
A
|
5,175,550
|
|
5,000
|
New York State Thruway Authority, General Revenue Bonds, Series 2020N, 4.000%, 1/01/42
|
1/30 at 100.00
|
A1
|
5,773,600
|
|
1,350
|
New York State Thruway Authority, General Revenue Junior Indebtedness Obligations,
|
1/26 at 100.00
|
A2
|
1,566,850
|
|
|
Series 2016A, 5.000%, 1/01/51
|
|
|
|
|
3,000
|
New York State Thruway Authority, General Revenue Junior Indebtedness Obligations,
|
1/30 at 100.00
|
A2
|
3,358,080
|
|
|
Series 2019B, 4.000%, 1/01/53
|
|
|
|
NAN
|
Nuveen New York Quality Municipal Income Fund
|
|
|||
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Transportation (continued)
|
|
|
|
|
|
New York Transportation Development Corporation, New York, Special Facilities Bonds,
|
|
|
|
|
|
LaGuardia Airport Terminal B Redevelopment Project, Series 2016A:
|
|
|
|
|
$ 1,200
|
4.000%, 7/01/41 (AMT)
|
7/24 at 100.00
|
BBB
|
$ 1,287,432
|
|
5,795
|
5.000%, 7/01/46 (AMT)
|
7/24 at 100.00
|
BBB
|
6,451,689
|
|
6,315
|
5.250%, 1/01/50 (AMT)
|
7/24 at 100.00
|
BBB
|
7,079,115
|
|
|
New York Transportation Development Corporation, New York, Special Facility Revenue
|
|
|
|
|
|
Bonds, American Airlines, Inc John F Kennedy International Airport Project, Refunding
|
|
|
|
|
|
Series 2016:
|
|
|
|
|
3,500
|
5.000%, 8/01/26 (AMT)
|
8/21 at 100.00
|
B+
|
3,561,180
|
|
9,730
|
5.000%, 8/01/31 (AMT)
|
8/21 at 100.00
|
B+
|
9,891,518
|
|
400
|
New York Transportation Development Corporation, New York, Special Facility Revenue
|
8/30 at 100.00
|
B+
|
475,232
|
|
|
Bonds, American Airlines, Inc John F Kennedy International Airport Project, Series 2020,
|
|
|
|
|
|
5.375%, 8/01/36 (AMT)
|
|
|
|
|
140
|
New York Transportation Development Corporation, New York, Special Facility Revenue
|
12/30 at 100.00
|
Baa1
|
155,735
|
|
|
Bonds, Terminal 4 John F Kennedy International Airport Project, Series 2020A, 4.000%,
|
|
|
|
|
|
12/01/40 (AMT)
|
|
|
|
|
1,255
|
New York Transportation Development Corporation, New York, Special Facility Revenue
|
12/30 at 100.00
|
Baa1
|
1,546,499
|
|
|
Bonds, Terminal 4 John F Kennedy International Airport Project, Series 2020C,
|
|
|
|
|
|
5.000%, 12/01/37
|
|
|
|
|
|
New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta
|
|
|
|
|
|
Air Lines, Inc – LaGuardia Airport Terminals C&D Redevelopment Project, Series 2018:
|
|
|
|
|
8,515
|
5.000%, 1/01/27 (AMT)
|
No Opt. Call
|
Baa3
|
10,141,791
|
|
2,000
|
5.000%, 1/01/31 (AMT)
|
1/28 at 100.00
|
Baa3
|
2,388,340
|
|
2,745
|
5.000%, 1/01/36 (AMT)
|
1/28 at 100.00
|
Baa3
|
3,224,908
|
|
8,780
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred
|
5/25 at 100.00
|
Aa3
|
10,076,455
|
|
|
Eighty-Ninth Series 2015, 5.000%, 5/01/45
|
|
|
|
|
1,800
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred
|
11/29 at 100.00
|
Aa3
|
2,198,376
|
|
|
Eighteen Series 2019, 5.000%, 11/01/39 (AMT)
|
|
|
|
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred
|
|
|
|
|
|
Eleventh Series 2018:
|
|
|
|
|
2,330
|
4.000%, 9/01/43
|
9/28 at 100.00
|
Aa3
|
2,656,759
|
|
6,000
|
5.000%, 9/01/48 (UB) (5)
|
9/28 at 100.00
|
Aa3
|
7,237,680
|
|
4,000
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Fifth
|
11/27 at 100.00
|
Aa3
|
4,784,440
|
|
|
Series 2017, 5.000%, 11/15/47
|
|
|
|
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred
|
|
|
|
|
|
Series 2017:
|
|
|
|
|
4,000
|
5.000%, 10/15/47
|
4/27 at 100.00
|
Aa3
|
4,720,080
|
|
5,000
|
5.250%, 10/15/57
|
4/27 at 100.00
|
Aa3
|
5,932,300
|
|
3,500
|
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, MTA
|
5/27 at 100.00
|
AA–
|
4,151,595
|
|
|
Bridges & Tunnels, Series 2017A, 5.000%, 11/15/47
|
|
|
|
|
5,000
|
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds,
|
5/26 at 100.00
|
AA–
|
5,785,600
|
|
|
Refunding Series 2016A, 5.000%, 11/15/46
|
|
|
|
|
3,000
|
Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, MTA Bridges &
|
11/30 at 100.00
|
AA–
|
3,763,440
|
|
|
Tunnels, Series 2020A, 5.000%, 11/15/49
|
|
|
|
|
137,900
|
Total Transportation
|
|
|
155,112,768
|
|
|
U.S. Guaranteed – 9.7% (6.5% of Total Investments) (7)
|
|
|
|
|
3,915
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University
|
7/23 at 100.00
|
Aa3
|
4,349,761
|
|
|
Dormitory Facilities, Refunding Series 2013A, 5.000%, 7/01/27 (Pre-refunded 7/01/23)
|
|
|
|
|
3,500
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University
|
7/22 at 100.00
|
Aa2
|
3,727,010
|
|
|
Dormitory Facilities, Series 2012A, 5.000%, 7/01/37 (Pre-refunded 7/01/22)
|
|
|
|
|
1,000
|
Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island
|
5/21 at 100.00
|
A–
|
1,007,930
|
|
|
Jewish Obligated Group, Series 2011A, 5.000%, 5/01/41 (Pre-refunded 5/01/21)
|
|
|
|
|
5,000
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
2/23 at 100.00
|
AA+
|
5,468,550
|
|
|
General Purpose Series 2013A, 5.000%, 2/15/43 (Pre-refunded 2/15/23)
|
|
|
|
|
8,265
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A,
|
5/21 at 100.00
|
A
|
8,331,203
|
|
|
5.000%, 5/01/38 (Pre-refunded 5/01/21)
|
|
|
|
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
U.S. Guaranteed (7) (continued)
|
|
|
|
|
$ 415
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2012A,
|
9/22 at 100.00
|
N/R
|
$ 445,220
|
|
|
5.000%, 9/01/37 (Pre-refunded 9/01/22)
|
|
|
|
|
5,100
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/22 at 100.00
|
A3
|
5,516,823
|
|
|
2012E, 5.000%, 11/15/42 (Pre-refunded 11/15/22)
|
|
|
|
|
2,000
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/23 at 100.00
|
A3
|
2,256,900
|
|
|
2013E, 5.000%, 11/15/31 (Pre-refunded 11/15/23)
|
|
|
|
|
1,500
|
New York City Trust for Cultural Resources, New York, Revenue Bonds, Wildlife
|
8/23 at 100.00
|
A+
|
1,672,140
|
|
|
Conservation Society, Series 2013A, 5.000%, 8/01/33 (Pre-refunded 8/01/23)
|
|
|
|
|
1,000
|
New York City, New York, General Obligation Bonds, Fiscal 2012 Series B, 5.000%, 8/01/30
|
8/22 at 100.00
|
AA
|
1,068,920
|
|
|
(Pre-refunded 8/01/22)
|
|
|
|
|
980
|
New York City, New York, General Obligation Bonds, Fiscal 2012 Series I, 5.000%, 8/01/32
|
8/22 at 100.00
|
AA
|
1,047,542
|
|
|
(Pre-refunded 8/01/22)
|
|
|
|
|
3,775
|
New York City, New York, General Obligation Bonds, Subseries G-1 Fiscal Series 2012,
|
4/22 at 100.00
|
N/R
|
3,971,753
|
|
|
5.000%, 4/01/28 (Pre-refunded 4/01/22)
|
|
|
|
|
470
|
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic
|
7/21 at 100.00
|
N/R
|
477,355
|
|
|
Health Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%,
|
|
|
|
|
|
7/01/28 (Pre-refunded 7/01/21)
|
|
|
|
|
6,445
|
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Series
|
1/22 at 100.00
|
AA+
|
6,733,285
|
|
|
1999B, 5.500%, 1/01/30 (Pre-refunded 1/01/22)
|
|
|
|
|
43,365
|
Total U.S. Guaranteed
|
|
|
46,074,392
|
|
|
Utilities – 23.2% (15.4% of Total Investments)
|
|
|
|
|
370
|
Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34
|
10/22 at 100.00
|
BBB
|
385,366
|
|
1,460
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series
|
9/24 at 100.00
|
A
|
1,639,828
|
|
|
2014A, 5.000%, 9/01/44
|
|
|
|
|
1,590
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series
|
9/27 at 100.00
|
A
|
1,902,626
|
|
|
2017, 5.000%, 9/01/47
|
|
|
|
|
835
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2012A,
|
9/22 at 100.00
|
A2
|
890,235
|
|
|
5.000%, 9/01/37
|
|
|
|
|
4,140
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System
|
12/21 at 100.00
|
AA+
|
4,291,648
|
|
|
Revenue Bonds, Second General Resolution, Fiscal 2012 Series BB, 5.000%, 6/15/44
|
|
|
|
|
5,000
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
6/24 at 100.00
|
AA+
|
5,703,650
|
|
|
General Resolution Revenue Bonds, Fiscal 2014 Series DD, 5.000%, 6/15/35
|
|
|
|
|
10,000
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
12/27 at 100.00
|
AA+
|
12,015,500
|
|
|
General Resolution Revenue Bonds, Fiscal 2018 Series DD-2, 5.000%, 6/15/48 (UB)
|
|
|
|
|
9,285
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
12/27 at 100.00
|
AA+
|
11,291,489
|
|
|
General Resolution Revenue Bonds, Fiscal 2018 Series EE, 5.000%, 6/15/40 (UB)
|
|
|
|
|
1,000
|
New York State Environmental Facilities Corporation, State Clean Water and Drinking
|
6/25 at 100.00
|
AAA
|
1,161,730
|
|
|
Water Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority
|
|
|
|
|
|
Projects, Second Resolution, 5.000%, 6/15/40
|
|
|
|
|
9,750
|
New York State Environmental Facilities Corporation, State Clean Water and Drinking
|
6/21 at 100.00
|
AAA
|
9,879,480
|
|
|
Water Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority
|
|
|
|
|
|
Projects, Second Resolution Series, 5.000%, 6/15/41
|
|
|
|
|
|
New York State Environmental Facilities Corporation, State Clean Water and Drinking
|
|
|
|
|
|
Water Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority
|
|
|
|
|
|
Projects-Second Resolution Bonds,:
|
|
|
|
|
3,990
|
5.000%, 6/15/42
|
6/27 at 100.00
|
AAA
|
4,856,668
|
|
7,500
|
5.000%, 6/15/43
|
6/28 at 100.00
|
AAA
|
9,246,150
|
|
400
|
5.000%, 6/15/47
|
6/27 at 100.00
|
AAA
|
484,984
|
|
3,680
|
5.000%, 6/15/48
|
6/28 at 100.00
|
AAA
|
4,517,862
|
|
3,500
|
New York State Power Authority, General Revenue Bonds, Series 2020A, 4.000%, 11/15/55
|
5/30 at 100.00
|
AA
|
3,995,670
|
|
1,920
|
Niagara Area Development Corporation, New York, Solid Waste Disposal Facility Revenue
|
7/23 at 100.00
|
B1
|
2,010,470
|
|
|
Refunding Bonds, Covanta Energy Project, Series 2018A, 4.750%, 11/01/42 (AMT), 144A
|
|
|
|
NAN
|
Nuveen New York Quality Municipal Income Fund
|
|
|||
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Utilities (continued)
|
|
|
|
|
|
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A:
|
|
|
|
|
$ 345
|
5.500%, 7/01/28
|
7/22 at 100.00
|
CCC
|
$ 364,320
|
|
1,270
|
5.750%, 7/01/37
|
7/22 at 100.00
|
CCC
|
1,345,311
|
|
1,040
|
6.000%, 7/01/47
|
7/22 at 100.00
|
CCC
|
1,105,094
|
|
1,470
|
Suffolk County Industrial Development Agency, New York, Revenue Bonds, Nissequogue
|
3/21 at 100.00
|
N/R
|
1,482,951
|
|
|
Cogeneration Partners Facility, Series 1998, 5.500%, 1/01/23 (AMT)
|
|
|
|
|
3,785
|
Utility Debt Securitization Authority, New York, Restructuring Bonds, Refunding Series
|
12/25 at 100.00
|
AAA
|
4,499,722
|
|
|
2015, 5.000%, 12/15/37
|
|
|
|
|
|
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2013TE:
|
|
|
|
|
3,800
|
5.000%, 12/15/33
|
12/23 at 100.00
|
AAA
|
4,275,722
|
|
1,060
|
5.000%, 12/15/34
|
12/23 at 100.00
|
AAA
|
1,192,065
|
|
8,030
|
5.000%, 12/15/41
|
12/23 at 100.00
|
AAA
|
8,978,182
|
|
1,515
|
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2016A,
|
6/26 at 100.00
|
AAA
|
1,820,985
|
|
|
5.000%, 12/15/35
|
|
|
|
|
|
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2017:
|
|
|
|
|
4,500
|
5.000%, 12/15/38
|
12/27 at 100.00
|
AAA
|
5,540,445
|
|
4,000
|
5.000%, 12/15/39
|
12/27 at 100.00
|
AAA
|
4,918,600
|
|
95,235
|
Total Utilities
|
|
|
109,796,753
|
|
$ 633,652
|
Total Long-Term Investments (cost $663,621,377)
|
|
|
712,931,963
|
|
|
Floating Rate Obligations – (5.5)%
|
|
|
(25,825,000)
|
|
|
Adjustable Rate MuniFund Term Preferred Shares, net of deferred offering costs – (31.0)% (8)
|
|
|
(146,912,742)
|
|
|
Variable Rate Demand Preferred Shares, net of deferred offering costs – (18.6)% (9)
|
|
|
(88,136,640)
|
|
|
Other Assets Less Liabilities – 4.4%
|
|
|
21,156,188
|
|
|
Net Asset Applicable to Common Shares – 100%
|
|
|
$ 473,213,769
|
NRK
|
Nuveen New York AMT-Free Quality
|
|
|||
|
|
Municipal Income Fund
|
|
|
|
|
|
Portfolio of Investments
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
LONG-TERM INVESTMENTS – 157.9% (100.0% of Total Investments)
|
|
|
|
|
|
MUNICIPAL BONDS – 157.9% (100.0% of Total Investments)
|
|
|
|
|
|
Consumer Staples – 6.7% (4.2% of Total Investments)
|
|
|
|
|
|
Erie County Tobacco Asset Securitization Corporation, New York, Tobacco Settlement
|
|
|
|
|
|
Asset-Backed Bonds, Series 2005A:
|
|
|
|
|
$ 27,580
|
5.000%, 6/01/38
|
3/21 at 100.00
|
B–
|
$ 27,607,028
|
|
9,555
|
5.000%, 6/01/45
|
3/21 at 100.00
|
B–
|
9,564,364
|
|
10,000
|
Erie County Tobacco Asset Securitization Corporation, New York, Tobacco Settlement
|
3/21 at 16.03
|
N/R
|
1,353,200
|
|
|
Asset-Backed Bonds, Series 2005C, 0.000%, 6/01/50, 144A
|
|
|
|
|
4,680
|
New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds,
|
6/26 at 100.00
|
N/R
|
4,930,942
|
|
|
Turbo Term Series 2016A Including 2016A-1, 2016A-2A and 2016A-2B, 5.000%, 6/01/51
|
|
|
|
|
39,715
|
TSASC Inc, New York, Tobacco Asset-Backed Bonds, Series 2006, 5.000%, 6/01/48
|
6/27 at 100.00
|
N/R
|
42,752,800
|
|
91,530
|
Total Consumer Staples
|
|
|
86,208,334
|
|
|
Education and Civic Organizations – 24.1% (15.3% of Total Investments)
|
|
|
|
|
3,150
|
Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue
|
1/27 at 100.00
|
Ba1
|
3,625,587
|
|
|
Bonds, Barclays Center Project, Refunding Series 2016A, 5.000%, 7/15/42
|
|
|
|
|
|
Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue
|
|
|
|
|
|
Bonds, Barclays Center Project, Series 2009:
|
|
|
|
|
9,995
|
0.000%, 7/15/45
|
No Opt. Call
|
Ba1
|
4,556,021
|
|
29,145
|
0.000%, 7/15/47
|
No Opt. Call
|
Ba1
|
12,390,997
|
|
|
Build New York City Resource Corporation, New York, Revenue Bonds, Bronx Charter School
|
|
|
|
|
|
for Excellence, Series 2013A:
|
|
|
|
|
250
|
5.000%, 4/01/33
|
4/23 at 100.00
|
BBB–
|
263,345
|
|
2,535
|
5.500%, 4/01/43
|
4/23 at 100.00
|
BBB–
|
2,673,132
|
|
|
Build New York City Resource Corporation, New York, Revenue Bonds, Metropolitan College
|
|
|
|
|
|
of New York, Series 2014:
|
|
|
|
|
1,000
|
5.250%, 11/01/29
|
11/24 at 100.00
|
BB
|
1,098,620
|
|
5,705
|
5.250%, 11/01/34
|
11/24 at 100.00
|
BB
|
6,202,818
|
|
1,500
|
5.000%, 11/01/39
|
11/24 at 100.00
|
BB
|
1,609,770
|
|
|
Build New York City Resource Corporation, New York, Revenue Bonds, South Bronx Charter
|
|
|
|
|
|
School for International Cultures and the Arts Project, Series 2013A:
|
|
|
|
|
2,690
|
5.000%, 4/15/33
|
4/23 at 100.00
|
BB+
|
2,793,404
|
|
4,090
|
5.000%, 4/15/43
|
4/23 at 100.00
|
BB+
|
4,212,414
|
|
7,510
|
Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter
|
12/30 at 100.00
|
N/R
|
7,514,881
|
|
|
School, Series 2020A-1, 5.500%, 6/01/55, 144A
|
|
|
|
|
3,655
|
Dobbs Ferry Local Development Corporation, New York, Revenue Bonds, Mercy College
|
7/24 at 100.00
|
A
|
3,979,527
|
|
|
Project, Series 2014, 5.000%, 7/01/44
|
|
|
|
|
4,990
|
Dormitory Authority of the State of New York, General Revenue Bonds, Saint Johns
|
7/23 at 100.00
|
A–
|
5,328,073
|
|
|
University, Series 2013A, 5.000%, 7/01/44
|
|
|
|
|
1,655
|
Dormitory Authority of the State of New York, General Revenue Bonds, Saint Johns
|
7/25 at 100.00
|
A–
|
1,896,498
|
|
|
University, Series 2015A, 5.000%, 7/01/37
|
|
|
|
|
4,265
|
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute
|
No Opt. Call
|
Baa2
|
4,976,530
|
|
|
of Technology, Series 2007, 5.250%, 7/01/34 – FGIC Insured
|
|
|
|
|
6,000
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Mount Sinai School
|
No Opt. Call
|
A–
|
6,605,640
|
|
|
of Medicine, Series 1994A, 5.150%, 7/01/24 – NPFG Insured
|
|
|
|
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Touro College and
|
|
|
|
|
|
University System, Series 2014A:
|
|
|
|
|
1,685
|
5.250%, 1/01/34
|
7/24 at 100.00
|
BBB–
|
1,805,764
|
|
2,185
|
5.500%, 1/01/39
|
7/24 at 100.00
|
BBB–
|
2,342,145
|
|
2,820
|
5.500%, 1/01/44
|
7/24 at 100.00
|
BBB–
|
3,005,302
|
NRK
|
Nuveen New York AMT-Free Quality
|
|
|
||
|
Municipal Income Fund
|
|
|
|
|
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Education and Civic Organizations (continued)
|
|
|
|
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University
|
|
|
|
|
|
Dormitory Facilities, Series 2015A:
|
|
|
|
|
$ 3,095
|
5.000%, 7/01/31
|
7/25 at 100.00
|
Aa3
|
$ 3,575,282
|
|
3,465
|
5.000%, 7/01/33
|
7/25 at 100.00
|
Aa3
|
3,982,706
|
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University
|
|
|
|
|
|
Dormitory Facilities, Series 2017A:
|
|
|
|
|
2,930
|
5.000%, 7/01/34
|
7/27 at 100.00
|
Aa3
|
3,529,625
|
|
1,625
|
5.000%, 7/01/46
|
7/27 at 100.00
|
Aa3
|
1,905,199
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Fordham University,
|
|
|
|
|
|
Series 2020:
|
|
|
|
|
7,185
|
4.000%, 7/01/46
|
7/29 at 100.00
|
A
|
8,060,564
|
|
1,815
|
4.000%, 7/01/50
|
7/29 at 100.00
|
A
|
2,029,497
|
|
12,970
|
Dormitory Authority of the State of New York, Revenue Bonds, Icahn School of Medicine at
|
7/25 at 100.00
|
A–
|
14,798,770
|
|
|
Mount Sinai, Refunding Series 2015A, 5.000%, 7/01/40
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University,
|
|
|
|
|
|
Series 2001-1:
|
|
|
|
|
1,500
|
5.500%, 7/01/24 – AMBAC Insured
|
No Opt. Call
|
Aa2
|
1,749,120
|
|
5,000
|
5.500%, 7/01/40 – AMBAC Insured
|
No Opt. Call
|
Aa2
|
7,290,900
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University,
|
|
|
|
|
|
Series 2015A:
|
|
|
|
|
9,000
|
5.000%, 7/01/34
|
7/25 at 100.00
|
Aa2
|
10,635,930
|
|
8,955
|
5.000%, 7/01/45
|
7/25 at 100.00
|
Aa2
|
10,391,561
|
|
10,850
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
|
7/26 at 100.00
|
Aa2
|
13,162,786
|
|
|
2016A, 5.000%, 7/01/32
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University,
|
|
|
|
|
|
Series 2017A:
|
|
|
|
|
4,000
|
5.000%, 7/01/38
|
7/27 at 100.00
|
Aa2
|
4,873,120
|
|
5,620
|
5.000%, 7/01/39
|
7/27 at 100.00
|
Aa2
|
6,832,965
|
|
11,175
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
|
7/28 at 100.00
|
Aa2
|
13,673,059
|
|
|
2018A, 5.000%, 7/01/48
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University,
|
|
|
|
|
|
Series 2019A:
|
|
|
|
|
5,000
|
5.000%, 7/01/42
|
7/29 at 100.00
|
Aa2
|
6,201,250
|
|
2,000
|
5.000%, 7/01/49
|
7/29 at 100.00
|
Aa2
|
2,459,460
|
|
2,000
|
Dormitory Authority of the State of New York, Revenue Bonds, Rochester Institute of
|
No Opt. Call
|
A1
|
2,032,480
|
|
|
Technology, Series 2006A, 5.250%, 7/01/21 – AMBAC Insured
|
|
|
|
|
13,165
|
Dormitory Authority of the State of New York, Revenue Bonds, Rockefeller University,
|
7/29 at 100.00
|
Aa1
|
16,210,591
|
|
|
Green Series 2019B, 5.000%, 7/01/50
|
|
|
|
|
3,500
|
Dormitory Authority of the State of New York, Revenue Bonds, Rockefeller University,
|
7/30 at 100.00
|
Aa1
|
4,382,560
|
|
|
Series 2020A, 5.000%, 7/01/53
|
|
|
|
|
8,925
|
Dormitory Authority of the State of New York, Revenue Bonds, Vaughn College of
|
12/26 at 100.00
|
BB–
|
9,511,372
|
|
|
Aeronautics & Technology, Series 2016A, 5.500%, 12/01/36, 144A
|
|
|
|
|
1,000
|
Dutchess County Local Development Corporation, New York, Revenue Bonds, Marist College
|
7/23 at 100.00
|
A+
|
1,074,300
|
|
|
Project, Series 2013A, 5.000%, 7/01/39
|
|
|
|
|
7,695
|
Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point
|
1/34 at 100.00
|
N/R
|
8,260,582
|
|
|
Public Improvement Project, Capital Appreciation Series 2016C, 0.000%, 1/01/55 (4)
|
|
|
|
|
1,500
|
Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point
|
1/27 at 100.00
|
N/R
|
1,680,615
|
|
|
Public Improvement Project, Current Interest Series 2016A, 5.000%, 1/01/56
|
|
|
|
|
|
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Adelphi
|
|
|
|
|
|
University Project, Series 2013:
|
|
|
|
|
1,785
|
5.000%, 9/01/38
|
9/23 at 100.00
|
A–
|
1,916,947
|
|
1,785
|
5.000%, 9/01/43
|
9/23 at 100.00
|
A–
|
1,908,576
|
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Education and Civic Organizations (continued)
|
|
|
|
|
$ 1,400
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Saint John
|
6/24 at 100.00
|
A–
|
$ 1,551,872
|
|
|
Fisher College, Series 2014A, 5.500%, 6/01/39
|
|
|
|
|
1,220
|
New Rochelle Corporation, New York, Local Development Revenue Bonds, Iona College
|
7/25 at 100.00
|
BBB
|
1,328,055
|
|
|
Project, Series 2015A, 5.000%, 7/01/45
|
|
|
|
|
27,795
|
New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes
|
1/31 at 100.00
|
AA
|
28,728,634
|
|
|
Revenue Bonds, Queens Baseball Stadium Project, Refunding Series 2021A, 3.000%, 1/01/46 –
|
|
|
|
|
|
AGM Insured
|
|
|
|
|
|
New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes
|
|
|
|
|
|
Revenue Bonds, Yankee Stadium Project, Series 2020A:
|
|
|
|
|
5,825
|
4.000%, 3/01/45
|
9/30 at 100.00
|
AA
|
6,540,019
|
|
4,070
|
4.000%, 3/01/45 – AGM Insured
|
9/30 at 100.00
|
AA
|
4,632,189
|
|
3,155
|
New York City Trust for Cultural Resources, New York, Revenue Bonds, Whitney Museum of
|
No Opt. Call
|
AA
|
4,260,985
|
|
|
American Art, Refunding Series 2021, 5.000%, 7/01/31
|
|
|
|
|
6,825
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, Bank of
|
3/29 at 100.00
|
A2
|
6,907,310
|
|
|
America Tower at One Bryant Park Project, Second Priority Refunding Series 2019 Class 2,
|
|
|
|
|
|
2.625%, 9/15/69
|
|
|
|
|
5,130
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, Bank of
|
3/29 at 100.00
|
Baa2
|
4,963,788
|
|
|
America Tower at One Bryant Park Project, Second Priority Refunding Series 2019 Class 3,
|
|
|
|
|
|
2.800%, 9/15/69
|
|
|
|
|
1,450
|
Onondaga Civic Development Corporation, New York, Revenue Bonds, Le Moyne College
|
7/22 at 100.00
|
Baa2
|
1,498,807
|
|
|
Project, Series 2012, 5.000%, 7/01/42
|
|
|
|
|
10,000
|
Onondaga County Trust For Cultural Resources, New York, Revenue Bonds, Syracuse
|
12/29 at 100.00
|
AA–
|
12,436,000
|
|
|
University Project, Series 2019, 5.000%, 12/01/43
|
|
|
|
|
350
|
Yonkers Economic Development Corporation, New York, Educational Revenue Bonds,
|
10/29 at 100.00
|
N/R
|
389,585
|
|
|
Lamartine/Warburton LLC-Charter School of Educational Excellence Project, Series 2019A,
|
|
|
|
|
|
5.000%, 10/15/49
|
|
|
|
|
299,585
|
Total Education and Civic Organizations
|
|
|
312,247,529
|
|
|
Financials – 1.7% (1.1% of Total Investments)
|
|
|
|
|
1,615
|
Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds,
|
No Opt. Call
|
A2
|
2,263,083
|
|
|
Series 2005, 5.250%, 10/01/35
|
|
|
|
|
13,835
|
Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds
|
No Opt. Call
|
A2
|
20,254,994
|
|
|
Series 2007, 5.500%, 10/01/37
|
|
|
|
|
15,450
|
Total Financials
|
|
|
22,518,077
|
|
|
Health Care – 5.4% (3.4% of Total Investments)
|
|
|
|
|
1,250
|
Build New York City Resource Corporation, New York, Revenue Bonds, New York Methodist
|
7/24 at 100.00
|
N/R(5)
|
1,437,800
|
|
|
Hospital Project, Refunding Series 2014, 5.000%, 7/01/27 (Pre-refunded 7/01/24)
|
|
|
|
|
6,650
|
Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Obligated Group,
|
3/30 at 100.00
|
BBB
|
7,384,093
|
|
|
Series 2020A, 4.000%, 9/01/50
|
|
|
|
|
18,465
|
Dormitory Authority of the State of New York, Revenue Bonds, NYU Langone Hospitals
|
7/30 at 100.00
|
A
|
20,870,436
|
|
|
Obligated Group, Series 2020A, 4.000%, 7/01/53
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Orange Regional Medical
|
|
|
|
|
|
Center Obligated Group, Series 2017:
|
|
|
|
|
2,000
|
5.000%, 12/01/34, 144A
|
6/27 at 100.00
|
BBB–
|
2,299,500
|
|
300
|
5.000%, 12/01/36, 144A
|
6/27 at 100.00
|
BBB–
|
341,997
|
|
|
Dutchess County Local Development Corporation, New York, Revenue Bonds, Health Quest
|
|
|
|
|
|
Systems, Inc Project, Series 2016B:
|
|
|
|
|
2,000
|
4.000%, 7/01/41
|
7/26 at 100.00
|
A–
|
2,131,460
|
|
7,940
|
5.000%, 7/01/46
|
7/26 at 100.00
|
A–
|
8,895,738
|
|
3,900
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Rochester
|
12/22 at 100.00
|
BBB+
|
4,098,783
|
|
|
General Hospital Project, Series 2013A, 5.000%, 12/01/42
|
|
|
|
|
2,800
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Rochester
|
12/26 at 100.00
|
BBB+
|
3,208,660
|
|
|
General Hospital Project, Series 2017, 5.000%, 12/01/46
|
|
|
|
NRK
|
Nuveen New York AMT-Free Quality
|
|
|
||
|
Municipal Income Fund
|
|
|
|
|
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Health Care (continued)
|
|
|
|
|
$ 9,155
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Rochester
|
12/30 at 100.00
|
BBB+
|
$ 10,272,368
|
|
|
Regional Health Project, Series 2020A, 4.000%, 12/01/46
|
|
|
|
|
1,000
|
New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds,
|
2/31 at 100.00
|
Aa3
|
1,137,700
|
|
|
Series 2020A, 4.000%, 2/15/48
|
|
|
|
|
5,585
|
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic
|
7/21 at 100.00
|
A–
|
5,656,656
|
|
|
Health Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%, 7/01/28
|
|
|
|
|
2,260
|
Westchester County Local Development Corporation, New York, Revenue Bonds, Westchester
|
11/25 at 100.00
|
Baa2
|
2,470,270
|
|
|
Medical Center Obligated Group Project, Refunding Series 2016, 5.000%, 11/01/46
|
|
|
|
|
63,305
|
Total Health Care
|
|
|
70,205,461
|
|
|
Industrials – 3.5% (2.2% of Total Investments)
|
|
|
|
|
41,530
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade
|
11/24 at 100.00
|
N/R
|
45,178,410
|
|
|
Center Project, Class 1 Series 2014, 5.000%, 11/15/44, 144A
|
|
|
|
|
|
Long-Term Care – 0.1% (0.1% of Total Investments)
|
|
|
|
|
1,000
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Saint Ann’s
|
1/26 at 103.00
|
N/R
|
1,097,590
|
|
|
Community Project, Series 2019, 5.000%, 1/01/40
|
|
|
|
|
|
Tax Obligation/General – 8.1% (5.2% of Total Investments)
|
|
|
|
|
5,030
|
Nassau County, New York, General Obligation Bonds, General Improvement Series 2016C,
|
4/26 at 100.00
|
A+
|
5,889,275
|
|
|
5.000%, 4/01/33
|
|
|
|
|
11,365
|
Nassau County, New York, General Obligation Bonds, General Improvement Series 2018B,
|
7/28 at 100.00
|
AA
|
13,719,146
|
|
|
5.000%, 7/01/49 – AGM Insured
|
|
|
|
|
500
|
Nassau County, New York, General Obligation Bonds, General Improvement Series, Refunding
|
3/21 at 122.73
|
A+
|
576,490
|
|
|
2016A, 5.000%, 1/01/38
|
|
|
|
|
515
|
New York City, New York, General Obligation Bonds, Fiscal 2013 Series F-1, 5.000%, 3/01/29
|
3/23 at 100.00
|
AA
|
561,283
|
|
3,735
|
New York City, New York, General Obligation Bonds, Fiscal 2014 Series A-1, 5.000%, 8/01/26
|
8/23 at 100.00
|
AA
|
4,145,402
|
|
8,000
|
New York City, New York, General Obligation Bonds, Fiscal 2014 Series D-1, 5.000%, 8/01/30
|
8/23 at 100.00
|
AA
|
8,852,400
|
|
7,665
|
New York City, New York, General Obligation Bonds, Fiscal 2015 Series A, 5.000%, 8/01/33
|
8/24 at 100.00
|
AA
|
8,736,031
|
|
9,600
|
New York City, New York, General Obligation Bonds, Fiscal 2017 Series B-1, 5.000%, 12/01/41
|
12/26 at 100.00
|
AA
|
11,375,712
|
|
7,560
|
New York City, New York, General Obligation Bonds, Fiscal 2018 Series B-1, 5.250%, 10/01/33
|
10/27 at 100.00
|
AA
|
9,354,895
|
|
|
New York City, New York, General Obligation Bonds, Fiscal 2018 Series E-1:
|
|
|
|
|
7,000
|
5.000%, 3/01/37
|
3/28 at 100.00
|
AA
|
8,429,400
|
|
3,580
|
5.000%, 3/01/39
|
3/28 at 100.00
|
AA
|
4,285,117
|
|
11,355
|
5.000%, 3/01/41
|
3/28 at 100.00
|
AA
|
13,518,695
|
|
7,540
|
New York City, New York, General Obligation Bonds, Fiscal 2021 Series C, 5.000%, 8/01/43
|
8/30 at 100.00
|
AA
|
9,351,184
|
|
|
New York City, New York, General Obligation Bonds, Series 2011D-I:
|
|
|
|
|
1,570
|
5.000%, 10/01/30
|
10/21 at 100.00
|
AA
|
1,611,746
|
|
5
|
5.000%, 10/01/34
|
10/21 at 100.00
|
AA
|
5,129
|
|
|
Rochester, New York, General Obligation Bonds, Series 1999:
|
|
|
|
|
735
|
5.250%, 10/01/21 – NPFG Insured
|
No Opt. Call
|
AA–
|
756,741
|
|
730
|
5.250%, 10/01/22 – NPFG Insured
|
No Opt. Call
|
AA–
|
786,451
|
|
730
|
5.250%, 10/01/23 – NPFG Insured
|
No Opt. Call
|
AA–
|
819,221
|
|
730
|
5.250%, 10/01/24 – NPFG Insured
|
No Opt. Call
|
AA–
|
850,319
|
|
730
|
5.250%, 10/01/25 – NPFG Insured
|
No Opt. Call
|
AA–
|
878,613
|
|
725
|
5.250%, 10/01/26 – NPFG Insured
|
No Opt. Call
|
AA–
|
898,224
|
|
89,400
|
Total Tax Obligation/General
|
|
|
105,401,474
|
|
|
Tax Obligation/Limited – 37.0% (23.4% of Total Investments)
|
|
|
|
|
2,350
|
Battery Park City Authority, New York, Revenue Bonds, Senior Sustainability Series
|
11/29 at 100.00
|
Aaa
|
2,970,518
|
|
|
2019A, 5.000%, 11/01/49
|
|
|
|
|
105
|
Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing
|
3/21 at 100.00
|
AA
|
105,413
|
|
|
Program, Series 2009A, 5.625%, 10/01/29 – AGC Insured
|
|
|
|
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Tax Obligation/Limited (continued)
|
|
|
|
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
|
|
|
|
|
General Purpose Series 2011C:
|
|
|
|
|
$ 995
|
5.000%, 3/15/34
|
3/21 at 100.00
|
AA+
|
$ 998,413
|
|
24,000
|
5.000%, 3/15/41
|
3/21 at 100.00
|
AA+
|
24,078,720
|
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
|
|
|
|
|
General Purpose Series 2012D:
|
|
|
|
|
7,550
|
5.000%, 2/15/33
|
2/22 at 100.00
|
AA+
|
7,878,425
|
|
10,000
|
5.000%, 2/15/40
|
2/22 at 100.00
|
AA+
|
10,410,500
|
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
|
|
|
|
|
General Purpose Series 2014A:
|
|
|
|
|
4,985
|
5.000%, 2/15/29
|
2/24 at 100.00
|
AA+
|
5,641,574
|
|
10,000
|
5.000%, 2/15/30
|
2/24 at 100.00
|
AA+
|
11,314,000
|
|
7,000
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
3/24 at 100.00
|
AA+
|
7,868,770
|
|
|
General Purpose Series 2014C Group C, 5.000%, 3/15/44
|
|
|
|
|
2,500
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
3/25 at 100.00
|
AA+
|
2,927,200
|
|
|
General Purpose Series 2015A, 5.000%, 3/15/33
|
|
|
|
|
7,500
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
2/27 at 100.00
|
AA+
|
8,984,025
|
|
|
General Purpose, Series 2017A, 5.000%, 2/15/38
|
|
|
|
|
12,500
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
2/30 at 100.00
|
AA+
|
15,291,625
|
|
|
General Purpose, Series 2019D, 5.000%, 2/15/48
|
|
|
|
|
12,045
|
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series
|
9/25 at 100.00
|
AA+
|
14,212,136
|
|
|
2015B Group A,B&C, 5.000%, 3/15/36
|
|
|
|
|
3,000
|
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series
|
3/27 at 100.00
|
AA+
|
3,593,340
|
|
|
2017A, 5.000%, 3/15/37
|
|
|
|
|
10,000
|
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series
|
3/28 at 100.00
|
AA+
|
11,189,500
|
|
|
2018C, 4.000%, 3/15/45
|
|
|
|
|
1,080
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds,
|
5/23 at 100.00
|
AA
|
1,183,669
|
|
|
Buffalo City School District, Refunding Series 2013A, 5.000%, 5/01/28
|
|
|
|
|
|
Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D:
|
|
|
|
|
5,045
|
5.000%, 11/15/27
|
11/25 at 100.00
|
BB
|
5,775,869
|
|
6,770
|
5.000%, 11/15/34
|
11/25 at 100.00
|
BB
|
7,573,057
|
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Second Indenture
|
|
|
|
|
|
Fiscal 2017 Series A:
|
|
|
|
|
8,185
|
5.000%, 2/15/38
|
2/27 at 100.00
|
Aa3
|
9,661,492
|
|
21,015
|
5.000%, 2/15/45
|
2/27 at 100.00
|
Aa3
|
24,464,612
|
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012
|
|
|
|
|
|
Series 2011A:
|
|
|
|
|
8,620
|
5.750%, 2/15/47
|
3/21 at 100.00
|
AA–
|
8,654,394
|
|
5,635
|
5.250%, 2/15/47
|
3/21 at 100.00
|
AA–
|
5,654,666
|
|
1,735
|
5.000%, 2/15/47 – AGM Insured
|
3/21 at 100.00
|
AA
|
1,740,673
|
|
2,000
|
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Climate Bond
|
11/26 at 100.00
|
AA
|
2,370,360
|
|
|
Certified, Green Series 2016B-1, 5.000%, 11/15/36
|
|
|
|
|
3,675
|
Monroe County Industrial Development Agency, New York, School Facility Revenue Bonds,
|
5/23 at 100.00
|
AA
|
4,020,230
|
|
|
Rochester Schools Modernization Project, Series 2013, 5.000%, 5/01/28
|
|
|
|
|
2,500
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/28 at 100.00
|
AA
|
3,127,725
|
|
|
Fiscal 2018 Series Subseries S-4A, 5.250%, 7/15/36
|
|
|
|
|
5,625
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/28 at 100.00
|
AA
|
6,887,644
|
|
|
Fiscal 2018, Series 2017S-3, 5.250%, 7/15/45
|
|
|
|
|
7,945
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/28 at 100.00
|
AA
|
9,802,462
|
|
|
Fiscal 2019 Subseries S-3A, 5.000%, 7/15/36
|
|
|
|
|
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
|
|
|
|
|
Fiscal Series 2015S-1:
|
|
|
|
|
5,400
|
5.000%, 7/15/33
|
1/25 at 100.00
|
AA
|
6,229,170
|
|
5,360
|
5.000%, 7/15/43
|
1/25 at 100.00
|
AA
|
6,125,890
|
NRK
|
Nuveen New York AMT-Free Quality
|
|
|
||
|
Municipal Income Fund
|
|
|
|
|
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Tax Obligation/Limited (continued)
|
|
|
|
|
$ 11,000
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
7/25 at 100.00
|
AA
|
$ 12,823,910
|
|
|
Fiscal Series 2015S-2, 5.000%, 7/15/40
|
|
|
|
|
7,500
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds,
|
1/26 at 100.00
|
AA
|
8,341,050
|
|
|
Fiscal Series 2016S-1, 4.000%, 7/15/40
|
|
|
|
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
|
|
|
|
|
Subordinate Fiscal 2012 Series E-1:
|
|
|
|
|
6,225
|
5.000%, 2/01/37
|
2/22 at 100.00
|
AAA
|
6,484,147
|
|
24,155
|
5.000%, 2/01/42
|
2/22 at 100.00
|
AAA
|
25,128,930
|
|
32,500
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
5/22 at 100.00
|
AAA
|
34,189,675
|
|
|
Subordinate Fiscal 2012 Series F-1, 5.000%, 5/01/39
|
|
|
|
|
5,100
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
2/23 at 100.00
|
AAA
|
5,554,308
|
|
|
Subordinate Fiscal 2013 Series F-1, 5.000%, 2/01/29
|
|
|
|
|
13,530
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
2/24 at 100.00
|
AAA
|
15,165,236
|
|
|
Subordinate Fiscal 2014 Series D-1, 5.000%, 2/01/37
|
|
|
|
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
|
|
|
|
|
Subordinate Fiscal 2015 Series B-1:
|
|
|
|
|
5,000
|
5.000%, 8/01/33
|
8/24 at 100.00
|
AAA
|
5,727,750
|
|
3,960
|
5.000%, 8/01/35
|
8/24 at 100.00
|
AAA
|
4,523,389
|
|
1,225
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
5/26 at 100.00
|
AAA
|
1,349,901
|
|
|
Subordinate Fiscal 2017 Series A-1, 4.000%, 5/01/42
|
|
|
|
|
8,100
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
8/26 at 100.00
|
AAA
|
8,987,598
|
|
|
Subordinate Fiscal 2017 Series B-1, 4.000%, 8/01/41
|
|
|
|
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds,
|
|
|
|
|
|
Subordinate Fiscal 2019 Series A-1:
|
|
|
|
|
1,375
|
5.000%, 8/01/38
|
8/28 at 100.00
|
AAA
|
1,691,993
|
|
4,000
|
5.000%, 8/01/40
|
8/28 at 100.00
|
AAA
|
4,894,400
|
|
8,490
|
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue
|
3/21 at 100.00
|
AAA
|
8,518,781
|
|
|
Bonds, Subordinate Series 2011-D1, 5.000%, 2/01/35
|
|
|
|
|
|
New York City, New York, Educational Construction Fund Revenue Bonds, Series 2011A:
|
|
|
|
|
18,575
|
5.750%, 4/01/33 – AGM Insured
|
4/21 at 100.00
|
N/R
|
18,656,544
|
|
4,000
|
5.750%, 4/01/41
|
4/21 at 100.00
|
AA–
|
4,017,560
|
|
12,070
|
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds,
|
3/23 at 100.00
|
AA+
|
13,174,526
|
|
|
General Purpose Series 2013C, 5.000%, 3/15/32
|
|
|
|
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured
|
|
|
|
|
|
2018A-1:
|
|
|
|
|
67,285
|
0.000%, 7/01/46
|
7/28 at 41.38
|
N/R
|
20,686,100
|
|
40,745
|
5.000%, 7/01/58
|
7/28 at 100.00
|
N/R
|
45,126,717
|
|
259
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable
|
7/28 at 100.00
|
N/R
|
279,106
|
|
|
Restructured Cofina Project Series 2019A-2, 4.536%, 7/01/53
|
|
|
|
|
2,730
|
Suffolk County Judicial Facilities Agency, New York, Lease Revenue Bonds, H Lee Dennison
|
11/23 at 100.00
|
BBB
|
2,878,840
|
|
|
Building, Series 2013, 5.000%, 11/01/33
|
|
|
|
|
482,944
|
Total Tax Obligation/Limited
|
|
|
478,936,533
|
|
|
Transportation – 27.3% (17.3% of Total Investments)
|
|
|
|
|
4,910
|
Buffalo and Fort Erie Public Bridge Authority, New York, Toll Bridge System Revenue
|
1/27 at 100.00
|
A+
|
5,688,235
|
|
|
Bonds, Series 2017, 5.000%, 1/01/47
|
|
|
|
|
1,500
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green
|
5/27 at 100.00
|
A3
|
1,730,940
|
|
|
Climate Bond Certified Series 2017A-1, 5.250%, 11/15/57
|
|
|
|
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green
|
|
|
|
|
|
Climate Bond Certified Series 2020C-1:
|
|
|
|
|
17,570
|
4.750%, 11/15/45
|
5/30 at 100.00
|
A3
|
20,239,586
|
|
2,775
|
5.000%, 11/15/50
|
5/30 at 100.00
|
A3
|
3,267,313
|
|
5,000
|
5.250%, 11/15/55
|
5/30 at 100.00
|
A3
|
6,005,500
|
|
1,815
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding
|
11/26 at 100.00
|
A3
|
2,003,379
|
|
|
Green Series 2016B, 4.000%, 11/15/34
|
|
|
|
|
13,950
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding
|
11/22 at 100.00
|
A3
|
14,816,155
|
|
|
Series 2012F, 5.000%, 11/15/30
|
|
|
|
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Transportation (continued)
|
|
|
|
|
$ 1,500
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding
|
11/25 at 100.00
|
A3
|
$ 1,711,830
|
|
|
Series 2015F, 5.000%, 11/15/35
|
|
|
|
|
2,500
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding
|
5/28 at 100.00
|
A3
|
2,997,000
|
|
|
Series 2017D, 5.000%, 11/15/32
|
|
|
|
|
9,575
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/22 at 100.00
|
A3
|
10,156,107
|
|
|
2012C, 5.000%, 11/15/41
|
|
|
|
|
4,040
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
5/23 at 100.00
|
A3
|
4,306,115
|
|
|
2013B, 5.000%, 11/15/38
|
|
|
|
|
7,500
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/23 at 100.00
|
A3
|
8,103,075
|
|
|
2013D, 5.000%, 11/15/38
|
|
|
|
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2013E:
|
|
|
|
|
1,785
|
5.000%, 11/15/32
|
11/23 at 100.00
|
A3
|
1,949,434
|
|
10,000
|
5.000%, 11/15/38
|
11/23 at 100.00
|
A3
|
10,804,400
|
|
1,000
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
5/24 at 100.00
|
A3
|
1,099,000
|
|
|
2014B, 5.250%, 11/15/44
|
|
|
|
|
5,425
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
5/25 at 100.00
|
A3
|
6,033,739
|
|
|
2015A-1, 5.000%, 11/15/45
|
|
|
|
|
2,440
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/26 at 100.00
|
A3
|
2,806,952
|
|
|
2016C-1, 5.000%, 11/15/39
|
|
|
|
|
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade
|
|
|
|
|
|
Center Project, Series 2011:
|
|
|
|
|
12,055
|
5.000%, 11/15/44
|
11/21 at 100.00
|
A
|
12,400,376
|
|
30,000
|
5.750%, 11/15/51
|
11/21 at 100.00
|
A
|
31,053,300
|
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2020N:
|
|
|
|
|
10,000
|
4.000%, 1/01/43
|
1/30 at 100.00
|
A1
|
11,517,900
|
|
10,000
|
4.000%, 1/01/44
|
1/30 at 100.00
|
A1
|
11,490,200
|
|
|
New York State Thruway Authority, General Revenue Junior Indebtedness Obligations,
|
|
|
|
|
|
Series 2016A:
|
|
|
|
|
2,000
|
5.000%, 1/01/36
|
1/26 at 100.00
|
A2
|
2,364,500
|
|
7,500
|
5.000%, 1/01/41
|
1/26 at 100.00
|
A2
|
8,766,300
|
|
1,285
|
5.000%, 1/01/46
|
1/26 at 100.00
|
A2
|
1,494,429
|
|
19,230
|
5.000%, 1/01/51
|
1/26 at 100.00
|
A2
|
22,318,915
|
|
4,000
|
New York State Thruway Authority, General Revenue Junior Indebtedness Obligations,
|
1/30 at 100.00
|
A2
|
4,477,440
|
|
|
Series 2019B, 4.000%, 1/01/53
|
|
|
|
|
|
New York Transportation Development Corporation, New York, Special Facility Revenue
|
|
|
|
|
|
Bonds, Terminal 4 John F Kennedy International Airport Project, Series 2020C:
|
|
|
|
|
350
|
5.000%, 12/01/37
|
12/30 at 100.00
|
Baa1
|
431,294
|
|
2,300
|
5.000%, 12/01/38
|
12/30 at 100.00
|
Baa1
|
2,831,990
|
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred
|
|
|
|
|
|
Eighty-Forth Series 2014:
|
|
|
|
|
3,950
|
5.000%, 9/01/34
|
9/24 at 100.00
|
Aa3
|
4,513,625
|
|
1,000
|
5.000%, 9/01/35
|
9/24 at 100.00
|
Aa3
|
1,141,210
|
|
5,155
|
5.000%, 9/01/36
|
9/24 at 100.00
|
Aa3
|
5,877,164
|
|
9,755
|
5.000%, 9/01/39
|
9/24 at 100.00
|
Aa3
|
11,074,656
|
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred
|
|
|
|
|
|
Eighty-Ninth Series 2015:
|
|
|
|
|
3,595
|
5.000%, 5/01/35
|
5/25 at 100.00
|
Aa3
|
4,198,996
|
|
10,780
|
5.000%, 5/01/45
|
5/25 at 100.00
|
Aa3
|
12,371,775
|
|
9,000
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred
|
10/25 at 100.00
|
Aa3
|
10,471,230
|
|
|
Ninety-Fourth Series 2015, 5.250%, 10/15/55
|
|
|
|
|
2,000
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred
|
12/23 at 100.00
|
Aa3
|
2,205,480
|
|
|
Seventy Ninth Series 2013, 5.000%, 12/01/43
|
|
|
|
|
1,515
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred
|
9/28 at 100.00
|
Aa3
|
1,727,464
|
|
|
Eleventh Series 2018, 4.000%, 9/01/43
|
|
|
|
NRK
|
Nuveen New York AMT-Free Quality
|
|
|
||
|
Municipal Income Fund
|
|
|
|
|
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Transportation (continued)
|
|
|
|
|
$ 1,000
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Fifth
|
11/27 at 100.00
|
Aa3
|
$ 1,196,110
|
|
|
Series 2017, 5.000%, 11/15/47
|
|
|
|
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Ninth
|
|
|
|
|
|
Series 2018:
|
|
|
|
|
1,500
|
5.000%, 7/15/36
|
7/28 at 100.00
|
Aa3
|
1,853,040
|
|
1,200
|
5.000%, 7/15/37
|
7/28 at 100.00
|
Aa3
|
1,478,052
|
|
1,000
|
5.000%, 7/15/38
|
7/28 at 100.00
|
Aa3
|
1,225,480
|
|
2,000
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred
|
4/27 at 100.00
|
Aa3
|
2,360,040
|
|
|
Series 2017, 5.000%, 10/15/47
|
|
|
|
|
4,800
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred
|
11/29 at 100.00
|
Aa3
|
5,921,568
|
|
|
Seventeen Series 2019, 5.000%, 11/01/44
|
|
|
|
|
6,130
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred
|
9/29 at 100.00
|
Aa3
|
7,662,132
|
|
|
Thirteenth Series 2019, 5.000%, 9/01/38
|
|
|
|
|
11,500
|
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, MTA
|
5/27 at 100.00
|
AA–
|
13,844,045
|
|
|
Bridges & Tunnels, Series 2017A, 5.000%, 11/15/37
|
|
|
|
|
1,660
|
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, MTA
|
11/27 at 100.00
|
AA–
|
2,005,247
|
|
|
Bridges & Tunnels, Series 2017C-2, 5.000%, 11/15/42
|
|
|
|
|
|
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, MTA
|
|
|
|
|
|
Bridges & Tunnels, Series 2018A:
|
|
|
|
|
8,755
|
5.000%, 11/15/43
|
5/28 at 100.00
|
AA–
|
10,577,178
|
|
10,000
|
5.000%, 11/15/45
|
5/28 at 100.00
|
AA–
|
12,033,900
|
|
9,270
|
5.000%, 11/15/46
|
5/28 at 100.00
|
AA–
|
11,150,698
|
|
12,000
|
Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, MTA Bridges &
|
11/30 at 100.00
|
AA–
|
15,053,760
|
|
|
Tunnels, Series 2020A, 5.000%, 11/15/49
|
|
|
|
|
309,570
|
Total Transportation
|
|
|
352,808,254
|
|
|
U.S. Guaranteed – 11.2% (7.1% of Total Investments) (5)
|
|
|
|
|
14,585
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University
|
7/23 at 100.00
|
Aa3
|
16,204,664
|
|
|
Dormitory Facilities, Refunding Series 2013A, 5.000%, 7/01/27 (Pre-refunded 7/01/23)
|
|
|
|
|
4,750
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University
|
7/21 at 100.00
|
Aa2
|
4,826,760
|
|
|
Dormitory Facilities, Series 2011A, 5.000%, 7/01/41 (Pre-refunded 7/01/21)
|
|
|
|
|
3,750
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University
|
7/22 at 100.00
|
Aa2
|
3,993,225
|
|
|
Dormitory Facilities, Series 2012A, 5.000%, 7/01/37 (Pre-refunded 7/01/22)
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Convent of the Sacred
|
|
|
|
|
|
Heart, Series 2011:
|
|
|
|
|
1,000
|
5.625%, 11/01/35 (Pre-refunded 5/01/21) – AGM Insured
|
5/21 at 100.00
|
AA
|
1,008,950
|
|
5,980
|
5.750%, 11/01/40 (Pre-refunded 5/01/21) – AGM Insured
|
5/21 at 100.00
|
AA
|
6,034,717
|
|
4,000
|
Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island
|
5/21 at 100.00
|
A–
|
4,031,720
|
|
|
Jewish Obligated Group, Series 2011A, 5.000%, 5/01/41 (Pre-refunded 5/01/21)
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Pratt Institute, Series 2015A:
|
|
|
|
|
800
|
5.000%, 7/01/39 (Pre-refunded 7/01/24)
|
7/24 at 100.00
|
A2
|
921,624
|
|
1,500
|
5.000%, 7/01/44 (Pre-refunded 7/01/24)
|
7/24 at 100.00
|
A2
|
1,728,045
|
|
15
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds,
|
2/24 at 100.00
|
N/R
|
17,033
|
|
|
General Purpose Series 2014A, 5.000%, 2/15/29 (Pre-refunded 2/15/24)
|
|
|
|
|
28,280
|
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series
|
3/23 at 100.00
|
AA+
|
31,042,956
|
|
|
2013A, 5.000%, 3/15/43 (Pre-refunded 3/15/23)
|
|
|
|
|
5,000
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A,
|
5/21 at 100.00
|
A
|
5,040,050
|
|
|
5.000%, 5/01/38 (Pre-refunded 5/01/21)
|
|
|
|
|
6,090
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
5/23 at 100.00
|
A3
|
6,729,328
|
|
|
2013B, 5.000%, 11/15/30 (Pre-refunded 5/15/23)
|
|
|
|
|
480
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
5/23 at 100.00
|
A3
|
530,390
|
|
|
2013C, 5.000%, 11/15/32 (Pre-refunded 5/15/23)
|
|
|
|
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
U.S. Guaranteed (5) (continued)
|
|
|
|
|
$ 1,900
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/23 at 100.00
|
A3
|
$ 2,156,842
|
|
|
2013D, 5.250%, 11/15/30 (Pre-refunded 11/15/23)
|
|
|
|
|
14,000
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series
|
11/23 at 100.00
|
A3
|
15,798,300
|
|
|
2013E, 5.000%, 11/15/31 (Pre-refunded 11/15/23)
|
|
|
|
|
8,665
|
New York City, New York, General Obligation Bonds, Fiscal 2012 Series B, 5.000%, 8/01/30
|
8/22 at 100.00
|
AA
|
9,262,192
|
|
|
(Pre-refunded 8/01/22)
|
|
|
|
|
|
New York City, New York, General Obligation Bonds, Fiscal 2012 Series I:
|
|
|
|
|
1,000
|
5.000%, 8/01/30 (Pre-refunded 8/01/22)
|
8/22 at 100.00
|
AA
|
1,068,920
|
|
2,000
|
5.000%, 8/01/31 (Pre-refunded 8/01/22)
|
8/22 at 100.00
|
AA
|
2,137,840
|
|
|
New York City, New York, General Obligation Bonds, Fiscal 2013 Series A-1:
|
|
|
|
|
6,085
|
5.000%, 10/01/31 (Pre-refunded 10/01/22)
|
10/22 at 100.00
|
AA
|
6,552,754
|
|
1,000
|
5.000%, 10/01/33 (Pre-refunded 10/01/22)
|
10/22 at 100.00
|
AA
|
1,076,870
|
|
1,570
|
5.000%, 10/01/34 (Pre-refunded 10/01/22)
|
10/22 at 100.00
|
AA
|
1,690,686
|
|
|
New York City, New York, General Obligation Bonds, Fiscal 2013 Series F-1:
|
|
|
|
|
4,485
|
5.000%, 3/01/29 (Pre-refunded 3/01/23)
|
3/23 at 100.00
|
N/R
|
4,905,379
|
|
3,400
|
5.000%, 3/01/31 (Pre-refunded 3/01/23)
|
3/23 at 100.00
|
AA
|
3,725,856
|
|
2,190
|
5.000%, 3/01/32 (Pre-refunded 3/01/23)
|
3/23 at 100.00
|
AA
|
2,399,890
|
|
1,000
|
5.000%, 3/01/33 (Pre-refunded 3/01/23)
|
3/23 at 100.00
|
AA
|
1,095,840
|
|
|
New York City, New York, General Obligation Bonds, Series 2011D-I:
|
|
|
|
|
1,215
|
5.000%, 10/01/30 (Pre-refunded 10/01/21)
|
10/21 at 100.00
|
N/R
|
1,249,105
|
|
2,875
|
5.000%, 10/01/34 (Pre-refunded 10/01/21)
|
10/21 at 100.00
|
N/R
|
2,955,701
|
|
3,345
|
New York City, New York, General Obligation Bonds, Subseries G-1 Fiscal Series 2012,
|
4/22 at 100.00
|
N/R
|
3,519,341
|
|
|
5.000%, 4/01/28 (Pre-refunded 4/01/22)
|
|
|
|
|
|
Niagara Area Development Corporation, New York, Niagara University Project, Series 2012A:
|
|
|
|
|
600
|
5.000%, 5/01/35 (Pre-refunded 5/01/22)
|
5/22 at 100.00
|
BBB+
|
629,706
|
|
1,000
|
5.000%, 5/01/42 (Pre-refunded 5/01/22)
|
5/22 at 100.00
|
BBB+
|
1,049,510
|
|
1,000
|
Onongada County Trust For Cultural Resources, New York, Revenue Bonds, Syracuse
|
12/21 at 100.00
|
AA–
|
1,036,510
|
|
|
University Project, Series 2011, 5.000%, 12/01/36 (Pre-refunded 12/01/21)
|
|
|
|
|
955
|
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic
|
7/21 at 100.00
|
N/R
|
969,946
|
|
|
Health Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%,
|
|
|
|
|
|
7/01/28 (Pre-refunded 7/01/21)
|
|
|
|
|
134,515
|
Total U.S. Guaranteed
|
|
|
145,390,650
|
|
|
Utilities – 32.8% (20.7% of Total Investments)
|
|
|
|
|
1,045
|
Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34
|
10/22 at 100.00
|
BBB
|
1,088,399
|
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds,
|
|
|
|
|
|
Series 2000A:
|
|
|
|
|
8,000
|
0.000%, 6/01/24 – AGM Insured
|
No Opt. Call
|
AA
|
7,753,120
|
|
8,000
|
0.000%, 6/01/25 – AGM Insured
|
No Opt. Call
|
AA
|
7,622,960
|
|
20,000
|
0.000%, 6/01/26 – AGM Insured
|
No Opt. Call
|
AA
|
18,689,600
|
|
10,000
|
0.000%, 6/01/27 – AGM Insured
|
No Opt. Call
|
AA
|
9,124,800
|
|
15,000
|
0.000%, 6/01/28 – AGM Insured
|
No Opt. Call
|
AA
|
13,311,600
|
|
10,000
|
0.000%, 6/01/29 – AGM Insured
|
No Opt. Call
|
AA
|
8,608,200
|
|
2,590
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series
|
9/24 at 100.00
|
A
|
2,909,010
|
|
|
2014A, 5.000%, 9/01/44
|
|
|
|
|
6,520
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series
|
9/27 at 100.00
|
A
|
7,801,962
|
|
|
2017, 5.000%, 9/01/47
|
|
|
|
|
5,160
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System
|
12/21 at 100.00
|
AA+
|
5,349,011
|
|
|
Revenue Bonds, Second General Resolution, Fiscal 2012 Series BB, 5.000%, 6/15/44
|
|
|
|
|
4,085
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
6/23 at 100.00
|
AA+
|
4,496,768
|
|
|
General Resolution Revenue Bonds, Fiscal 2013 Series DD, 5.000%, 6/15/35
|
|
|
|
|
10,000
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
6/24 at 100.00
|
AA+
|
11,407,300
|
|
|
General Resolution Revenue Bonds, Fiscal 2014 Series DD, 5.000%, 6/15/35
|
|
|
|
|
5,000
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
6/25 at 100.00
|
AA+
|
5,859,050
|
|
|
General Resolution Revenue Bonds, Fiscal 2015 Series HH, 5.000%, 6/15/39
|
|
|
|
NRK
|
Nuveen New York AMT-Free Quality
|
|
|
||
|
Municipal Income Fund
|
|
|
|
|
|
Portfolio of Investments (continued)
|
|
|
|
|
|
February 28, 2021
|
|
|
|
|
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Utilities (continued)
|
|
|
|
|
$ 15,000
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
6/26 at 100.00
|
AA+
|
$ 17,808,600
|
|
|
General Resolution Revenue Bonds, Fiscal 2017 Series CC-1, 5.000%, 6/15/46
|
|
|
|
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
|
|
|
|
|
General Resolution Revenue Bonds, Fiscal 2018 Series AA:
|
|
|
|
|
5,000
|
5.000%, 6/15/37
|
6/27 at 100.00
|
AA+
|
6,034,450
|
|
3,000
|
5.000%, 6/15/38
|
6/27 at 100.00
|
AA+
|
3,614,670
|
|
3,000
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
6/27 at 100.00
|
AA+
|
3,562,590
|
|
|
General Resolution Revenue Bonds, Fiscal 2018 Series CC-1, 5.000%, 6/15/48
|
|
|
|
|
25,000
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
12/27 at 100.00
|
AA+
|
30,038,750
|
|
|
General Resolution Revenue Bonds, Fiscal 2018 Series DD-2, 5.000%, 6/15/48 (UB)
|
|
|
|
|
1,400
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
12/27 at 100.00
|
AA+
|
1,702,540
|
|
|
General Resolution Revenue Bonds, Fiscal 2018 Series EE, 5.000%, 6/15/40
|
|
|
|
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
|
|
|
|
|
General Resolution Revenue Bonds, Fiscal 2018 Series FF:
|
|
|
|
|
13,815
|
5.000%, 6/15/38
|
6/28 at 100.00
|
AA+
|
16,921,579
|
|
10,000
|
5.000%, 6/15/40
|
6/28 at 100.00
|
AA+
|
12,188,200
|
|
9,205
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
6/29 at 100.00
|
AA+
|
11,340,376
|
|
|
General Resolution Revenue Bonds, Fiscal 2019 Series FF-2, 5.000%, 6/15/40
|
|
|
|
|
8,500
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second
|
12/30 at 100.00
|
AA+
|
10,632,310
|
|
|
General Resolution Revenue Bonds, Fiscal 2021 Series BB-1, 5.000%, 6/15/50
|
|
|
|
|
|
New York State Environmental Facilities Corporation, State Clean Water and Drinking
|
|
|
|
|
|
Water Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority
|
|
|
|
|
|
Projects, Second Resolution:
|
|
|
|
|
2,580
|
5.000%, 6/15/30
|
6/24 at 100.00
|
AAA
|
2,948,527
|
|
3,110
|
5.000%, 6/15/36
|
6/25 at 100.00
|
AAA
|
3,628,624
|
|
|
New York State Environmental Facilities Corporation, State Clean Water and Drinking
|
|
|
|
|
|
Water Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority
|
|
|
|
|
|
Projects-Second Resolution Bonds,:
|
|
|
|
|
7,350
|
5.000%, 6/15/42
|
6/27 at 100.00
|
AAA
|
8,946,493
|
|
3,500
|
5.000%, 6/15/42
|
6/27 at 100.00
|
AAA
|
4,260,235
|
|
1,940
|
4.000%, 6/15/46
|
6/26 at 100.00
|
AAA
|
2,162,770
|
|
4,000
|
5.000%, 6/15/47
|
6/27 at 100.00
|
AAA
|
4,849,840
|
|
13,500
|
5.000%, 6/15/47 (UB) (6)
|
6/27 at 100.00
|
AAA
|
16,368,210
|
|
10,430
|
5.000%, 6/15/48
|
6/28 at 100.00
|
AAA
|
12,804,702
|
|
22,340
|
New York State Environmental Facilities Corporation, State Revolving Funds Revenue
|
5/24 at 100.00
|
AAA
|
25,110,160
|
|
|
Bonds, 2010 Master Financing Program, Green Series 2014B, 5.000%, 5/15/44
|
|
|
|
|
5,000
|
New York State Environmental Facilities Corporation, State Revolving Funds Revenue
|
8/26 at 100.00
|
AAA
|
5,993,850
|
|
|
Bonds, 2010 Master Financing Program, Green Series 2016B, 5.000%, 8/15/41
|
|
|
|
|
3,095
|
New York State Environmental Facilities Corporation, State Revolving Funds Revenue
|
2/22 at 100.00
|
AAA
|
3,224,773
|
|
|
Bonds, 2010 Master Financing Program, Series 2012B, 5.000%, 2/15/42
|
|
|
|
|
|
New York State Power Authority, General Revenue Bonds, Series 2020A:
|
|
|
|
|
4,890
|
4.000%, 11/15/50
|
5/30 at 100.00
|
AA
|
5,630,102
|
|
6,550
|
4.000%, 11/15/60
|
5/30 at 100.00
|
AA
|
7,441,062
|
|
955
|
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A,
|
No Opt. Call
|
CCC
|
1,042,507
|
|
|
6.125%, 7/01/24
|
|
|
|
|
|
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A:
|
|
|
|
|
985
|
5.500%, 7/01/28
|
7/22 at 100.00
|
CCC
|
1,040,160
|
|
3,640
|
5.750%, 7/01/37
|
7/22 at 100.00
|
CCC
|
3,855,852
|
|
2,975
|
6.000%, 7/01/47
|
7/22 at 100.00
|
CCC
|
3,161,205
|
|
7,020
|
Suffolk County Water Authority, New York, Waterworks Revenue Bonds, Series 2015A,
|
6/25 at 100.00
|
AAA
|
8,312,242
|
|
|
5.250%, 6/01/36
|
|
|
|
|
2,230
|
Upper Mohawk Valley Regional Water Finance Authority, New York, Water System Revenue
|
No Opt. Call
|
Aa3
|
2,204,979
|
|
|
Bonds, Series 2000, 0.000%, 4/01/23 – AMBAC Insured
|
|
|
|
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Utilities (continued)
|
|
|
|
|
|
Utility Debt Securitization Authority, New York, Restructuring Bonds, Refunding Series 2015:
|
|
|
|
|
$ 5,090
|
5.000%, 12/15/36
|
12/25 at 100.00
|
AAA
|
$ 6,059,034
|
|
8,925
|
5.000%, 12/15/37
|
12/25 at 100.00
|
AAA
|
10,610,308
|
|
|
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2013TE:
|
|
|
|
|
9,500
|
5.000%, 12/15/32
|
12/23 at 100.00
|
AAA
|
10,692,060
|
|
22,290
|
5.000%, 12/15/41
|
12/23 at 100.00
|
AAA
|
24,922,003
|
|
7,000
|
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2016A,
|
6/26 at 100.00
|
AAA
|
8,413,790
|
|
|
5.000%, 12/15/35
|
|
|
|
|
|
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2016B:
|
|
|
|
|
3,750
|
5.000%, 12/15/33
|
6/26 at 100.00
|
AAA
|
4,522,388
|
|
3,575
|
5.000%, 12/15/34
|
6/26 at 100.00
|
AAA
|
4,301,118
|
|
3,275
|
5.000%, 12/15/35
|
6/26 at 100.00
|
AAA
|
3,936,452
|
|
5,000
|
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2017,
|
12/27 at 100.00
|
AAA
|
6,148,250
|
|
|
5.000%, 12/15/39
|
|
|
|
|
|
Western Nassau County Water Authority, New York, Water System Revenue Bonds, Series 2015A:
|
|
|
|
|
1,325
|
5.000%, 4/01/40
|
4/25 at 100.00
|
AA–
|
1,507,135
|
|
1,950
|
5.000%, 4/01/45
|
4/25 at 100.00
|
AA–
|
2,204,007
|
|
377,090
|
Total Utilities
|
|
|
424,168,683
|
|
$ 1,905,919
|
Total Long-Term Investments (cost $1,878,340,208)
|
|
|
2,044,160,995
|
|
|
Floating Rate Obligations – (2.4)%
|
|
|
(30,800,000)
|
|
|
MuniFund Preferred Shares, net of deferred offering costs – (6.1)% (7)
|
|
|
(79,558,583)
|
|
|
Variable Rate Demand Preferred Shares, net of deferred offering costs – (51.1)% (8)
|
|
|
(661,389,105)
|
|
|
Other Assets Less Liabilities – 1.7%
|
|
|
21,856,112
|
|
|
Net Asset Applicable to Common Shares – 100%
|
|
|
$1,294,269,419
|
|
NNY
|
NAN
|
NRK
|
|||||||||
Assets
|
||||||||||||
Long-term investments, at value (cost $139,730,696, $663,621,377 and
|
||||||||||||
$1,878,340,208, respectively)
|
$
|
149,987,238
|
$
|
712,931,963
|
$
|
2,044,160,995
|
||||||
Cash
|
379,145
|
—
|
—
|
|||||||||
Receivable for:
|
||||||||||||
Interest
|
1,509,115
|
8,105,533
|
20,655,262
|
|||||||||
Investments sold
|
2,701,889
|
19,833,577
|
21,931,759
|
|||||||||
Other assets
|
26,121
|
156,869
|
833,273
|
|||||||||
Total assets
|
154,603,508
|
741,027,942
|
2,087,581,289
|
|||||||||
Liabilities
|
||||||||||||
Cash overdraft
|
—
|
4,835,837
|
5,200,762
|
|||||||||
Floating rate obligations
|
—
|
25,825,000
|
30,800,000
|
|||||||||
Payable for:
|
||||||||||||
Dividends
|
361,477
|
1,473,625
|
3,981,164
|
|||||||||
Interest
|
—
|
46,753
|
38,325
|
|||||||||
Investments purchased - regular settlement
|
—
|
—
|
10,723,213
|
|||||||||
Adjustable Rate MuniFund Term Preferred (“AMTP”) Shares, net of deferred
|
||||||||||||
offering costs (liquidation preference $—, $147,000,000, and $—, respectively)
|
—
|
146,912,742
|
—
|
|||||||||
MuniFund Preferred (“MFP”) Shares, net of deferred offering costs
|
||||||||||||
(liquidation preference $—, $— and $80,000,000, respectively)
|
—
|
—
|
79,558,583
|
|||||||||
Variable Rate Demand Preferred (“VRDP”) Shares, net of deferred offering costs
|
||||||||||||
(liquidation preference $—, $89,000,000 and $663,800,000, respectively)
|
—
|
88,136,640
|
661,389,105
|
|||||||||
Accrued expenses:
|
||||||||||||
Management fees
|
55,282
|
339,186
|
909,449
|
|||||||||
Directors/Trustees fees
|
1,691
|
105,255
|
400,933
|
|||||||||
Professional fees
|
24,800
|
31,804
|
42,329
|
|||||||||
Other
|
37,914
|
107,331
|
268,007
|
|||||||||
Total liabilities
|
481,164
|
267,814,173
|
793,311,870
|
|||||||||
Net assets applicable to common shares
|
$
|
154,122,344
|
$
|
473,213,769
|
$
|
1,294,269,419
|
||||||
Common shares outstanding
|
15,240,743
|
30,851,332
|
87,235,304
|
|||||||||
Net asset value (“NAV”) per common share outstanding
|
$
|
10.11
|
$
|
15.34
|
$
|
14.84
|
||||||
Net assets applicable to common shares consist of:
|
||||||||||||
Common shares, $0.01 par value per share
|
$
|
152,407
|
$
|
308,513
|
$
|
872,353
|
||||||
Paid-in surplus
|
145,430,298
|
435,731,237
|
1,173,735,019
|
|||||||||
Total distributable earnings
|
8,539,639
|
37,174,019
|
119,662,047
|
|||||||||
Net assets applicable to common shares
|
$
|
154,122,344
|
$
|
473,213,769
|
$
|
1,294,269,419
|
||||||
Authorized shares:
|
||||||||||||
Common
|
250,000,000
|
Unlimited
|
Unlimited
|
|||||||||
Preferred
|
N/A
|
Unlimited
|
Unlimited
|
|||||||||
N/A – Fund is not authorized to issue preferred shares.
|
|
NNY
|
NAN
|
NRK
|
|||||||||
Investment Income
|
$
|
5,592,095
|
$
|
28,082,540
|
$
|
75,670,228
|
||||||
Expenses
|
||||||||||||
Management fees
|
701,237
|
4,368,016
|
11,667,607
|
|||||||||
Interest expense and amortization of offering costs
|
5,239
|
2,546,244
|
4,350,121
|
|||||||||
Liquidity fees
|
—
|
689,291
|
5,191,472
|
|||||||||
Remarketing fees
|
—
|
49,074
|
770,510
|
|||||||||
Custodian fees
|
24,960
|
66,459
|
158,631
|
|||||||||
Directors/Trustees fees
|
4,319
|
19,923
|
57,263
|
|||||||||
Professional fees
|
31,536
|
62,755
|
452,326
|
|||||||||
Shareholder reporting expenses
|
16,577
|
38,503
|
72,374
|
|||||||||
Shareholder servicing agent fees
|
11,436
|
26,284
|
31,450
|
|||||||||
Stock exchange listing fees
|
10,500
|
8,319
|
23,519
|
|||||||||
Investor relations expenses
|
7,397
|
32,813
|
97,903
|
|||||||||
Merger expenses
|
51,917
|
—
|
—
|
|||||||||
Other
|
13,957
|
74,460
|
225,250
|
|||||||||
Total expenses
|
879,075
|
7,982,141
|
23,098,426
|
|||||||||
Net investment income (loss)
|
4,713,020
|
20,100,399
|
52,571,802
|
|||||||||
Realized and Unrealized Gain (Loss)
|
||||||||||||
Net realized gain (loss) from investments
|
(579,119
|
)
|
(3,037,764
|
)
|
(9,759,606
|
)
|
||||||
Change in net unrealized appreciation (depreciation) of investments
|
(4,430,558
|
)
|
(19,727,353
|
)
|
(47,051,572
|
)
|
||||||
Net realized and unrealized gain (loss)
|
(5,009,677
|
)
|
(22,765,117
|
)
|
(56,811,178
|
)
|
||||||
Net increase (decrease) in net assets applicable to common shares from operations
|
$
|
(296,657
|
)
|
$
|
(2,664,718
|
)
|
$
|
(4,239,376
|
)
|
|
NNY
|
NAN
|
||||||||||||||
|
Year Ended
|
Year Ended
|
Year Ended
|
Year Ended
|
||||||||||||
|
2/28/21
|
2/29/20
|
2/28/21
|
2/29/20
|
||||||||||||
Operations
|
||||||||||||||||
Net investment income (loss)
|
$
|
4,713,020
|
$
|
5,332,574
|
$
|
20,100,399
|
$
|
18,468,038
|
||||||||
Net realized gain (loss) from investments
|
(579,119
|
)
|
252,436
|
(3,037,764
|
)
|
2,074,615
|
||||||||||
Change in net unrealized appreciation (depreciation)
|
||||||||||||||||
of investments
|
(4,430,558
|
)
|
8,646,627
|
(19,727,353
|
)
|
38,930,384
|
||||||||||
Net increase (decrease) in net assets
|
||||||||||||||||
applicable to common shares
|
||||||||||||||||
from operations
|
(296,657
|
)
|
14,231,637
|
(2,664,718
|
)
|
59,473,037
|
||||||||||
Distributions to Common Shareholders
|
||||||||||||||||
Dividends
|
(4,928,826
|
)
|
(5,389,360
|
)
|
(19,004,421
|
)
|
(17,770,367
|
)
|
||||||||
Decrease in net assets applicable to
|
||||||||||||||||
common shares from distributions
|
||||||||||||||||
to common shareholders
|
(4,928,826
|
)
|
(5,389,360
|
)
|
(19,004,421
|
)
|
(17,770,367
|
)
|
||||||||
Capital Share Transactions
|
||||||||||||||||
Common shares:
|
||||||||||||||||
Net proceeds from shares issued
|
||||||||||||||||
to shareholders due to
|
||||||||||||||||
reinvestment of distributions
|
95,855
|
128,734
|
—
|
—
|
||||||||||||
Net increase (decrease) in net assets
|
||||||||||||||||
applicable to common shares from
|
||||||||||||||||
capital share transactions
|
95,855
|
128,734
|
—
|
—
|
||||||||||||
Net increase (decrease) in net assets
|
||||||||||||||||
applicable to common shares
|
(5,129,628
|
)
|
8,971,011
|
(21,669,139
|
)
|
41,702,670
|
||||||||||
Net assets applicable to common
|
||||||||||||||||
shares at the beginning of period
|
159,251,972
|
150,280,961
|
494,882,908
|
453,180,238
|
||||||||||||
Net assets applicable to common
|
||||||||||||||||
shares at the end of period
|
$
|
154,122,344
|
$
|
159,251,972
|
$
|
473,213,769
|
$
|
494,882,908
|
|
NRK
|
|||||||
|
Year Ended
|
Year Ended
|
||||||
|
2/28/21
|
2/29/20
|
||||||
Operations
|
||||||||
Net investment income (loss)
|
$
|
52,571,802
|
$
|
50,069,479
|
||||
Net realized gain (loss) from investments
|
(9,759,606
|
)
|
7,134,518
|
|||||
Change in net unrealized appreciation (depreciation)
|
||||||||
of investments
|
(47,051,572
|
)
|
106,103,002
|
|||||
Net increase (decrease) in net assets
|
||||||||
applicable to common shares
|
||||||||
from operations
|
(4,239,376
|
)
|
163,306,999
|
|||||
Distributions to Common Shareholders
|
||||||||
Dividends
|
(49,462,419
|
)
|
(47,107,066
|
)
|
||||
Decrease in net assets applicable to
|
||||||||
common shares from distributions
|
||||||||
to common shareholders
|
(49,462,419
|
)
|
(47,107,066
|
)
|
||||
Capital Share Transactions
|
||||||||
Common shares:
|
||||||||
Net proceeds from shares issued
|
||||||||
to shareholders due to
|
||||||||
reinvestment of distributions
|
—
|
—
|
||||||
Net increase (decrease) in net assets
|
||||||||
applicable to common shares from
|
||||||||
capital share transactions
|
—
|
—
|
||||||
Net increase (decrease) in net assets
|
||||||||
applicable to common shares
|
(53,701,795
|
)
|
116,199,933
|
|||||
Net assets applicable to common
|
||||||||
shares at the beginning of period
|
1,347,971,214
|
1,231,771,281
|
||||||
Net assets applicable to common
|
||||||||
shares at the end of period
|
$
|
1,294,269,419
|
$
|
1,347,971,214
|
|
NAN
|
NRK
|
||||||
Cash Flows from Operating Activities:
|
||||||||
Net Increase (Decrease) in Net Assets Applicable to Common Shares from Operations
|
$
|
(2,664,718
|
)
|
$
|
(4,239,376
|
)
|
||
Adjustments to reconcile the net increase (decrease) in net assets
|
||||||||
applicable to common shares from operations to net cash provided by
|
||||||||
(used in) operating activities:
|
||||||||
Purchases of investments
|
(159,487,693
|
)
|
(435,896,910
|
)
|
||||
Proceeds from sales and maturities of investments
|
174,729,332
|
445,400,074
|
||||||
Proceeds from litigation settlement
|
90
|
90
|
||||||
Taxes paid
|
(5,259
|
)
|
(12,979
|
)
|
||||
Amortization (Accretion) of premiums and discounts, net
|
4,714,798
|
10,991,679
|
||||||
Amortization of deferred offering costs
|
56,645
|
136,923
|
||||||
(Increase) Decrease in:
|
||||||||
Receivable for interest
|
498,770
|
1,962,387
|
||||||
Receivable for investments sold
|
(16,854,292
|
)
|
(12,105,346
|
)
|
||||
Other assets
|
(12,538
|
)
|
(57,104
|
)
|
||||
Increase (Decrease) in:
|
||||||||
Payable for interest
|
(151,176
|
)
|
(78,944
|
)
|
||||
Payable for investments purchased - regular settlement
|
—
|
10,723,213
|
||||||
Accrued management fees
|
(18,741
|
)
|
(32,412
|
)
|
||||
Accrued Directors/Trustees fees
|
20,926
|
73,686
|
||||||
Accrued professional fees
|
3,262
|
8,644
|
||||||
Accrued other expenses
|
54,960
|
127,162
|
||||||
Net realized (gain) loss from investments
|
3,037,764
|
9,759,606
|
||||||
Change in net unrealized appreciation (depreciation) of investments
|
19,727,353
|
47,051,572
|
||||||
Net cash provided by (used in) operating activities
|
23,649,483
|
73,811,965
|
||||||
Cash Flow from Financing Activities:
|
||||||||
Proceeds from borrowings
|
—
|
7,680,164
|
||||||
(Repayment of) borrowings
|
—
|
(35,080,164
|
)
|
|||||
Increase (Decrease) in cash overdraft
|
3,708,752
|
4,235,091
|
||||||
(Repayments of) floating rate obligations
|
(8,475,000
|
)
|
(1,440,000
|
)
|
||||
Cash distributions paid to common shareholders
|
(18,883,235
|
)
|
(49,207,056
|
)
|
||||
Net cash provided by (used in) financing activities
|
(23,649,483
|
)
|
(73,811,965
|
)
|
||||
Net Increase (Decrease) in Cash
|
||||||||
Cash at the beginning of period
|
—
|
—
|
||||||
Cash at the end of period
|
$
|
—
|
$
|
—
|
||||
Supplemental Disclosure of Cash Flow Information
|
NAN
|
NRK
|
||||||
Cash paid for interest (excluding amortization of offering costs)
|
$
|
2,640,775
|
$
|
4,292,142
|
|
|
|
|
|
|
|
||||
|
||||||||||
|
||||||||||
Selected data for a common share outstanding throughout each period:
|
|
|
|
|
|
|||||
|
|
Investment |
Less Distributions to
|
||||||||||||||||||||||||||||||||||||||
|
Operations
|
Common Shareholders
|
Common Share
|
|||||||||||||||||||||||||||||||||||||
|
Net |
From
|
Discount
|
|||||||||||||||||||||||||||||||||||||
|
Beginning
|
Net
|
Realized/
|
From
|
Accumu-
|
Per
|
||||||||||||||||||||||||||||||||||
|
Common
|
Investment
|
Unrealized
|
Net
|
lated Net |
Share
|
Ending
|
|||||||||||||||||||||||||||||||||
|
Share
|
Income
|
Gain
|
Investment
|
Realized
|
Repurchased
|
Ending
|
Share
|
||||||||||||||||||||||||||||||||
|
NAV
|
(Loss)
|
(Loss)
|
Total
|
Income
|
Gains
|
Total
|
and Retired |
NAV
|
Price
|
||||||||||||||||||||||||||||||
NNY
|
||||||||||||||||||||||||||||||||||||||||
Year Ended 2/28-2/29:
|
||||||||||||||||||||||||||||||||||||||||
2021
|
$
|
10.46
|
$
|
0.31
|
$
|
(0.34
|
)
|
$
|
(0.03
|
)
|
$
|
(0.32
|
)
|
$
|
—
|
$
|
(0.32
|
)
|
$
|
—
|
$
|
10.11
|
$
|
9.63
|
||||||||||||||||
2020
|
9.87
|
0.35
|
0.59
|
0.94
|
(0.35
|
)
|
—
|
(0.35
|
)
|
—
|
10.46
|
10.36
|
||||||||||||||||||||||||||||
2019
|
9.81
|
0.36
|
0.06
|
0.42
|
(0.36
|
)
|
—
|
(0.36
|
)
|
—
|
9.87
|
9.67
|
||||||||||||||||||||||||||||
2018
|
9.89
|
0.37
|
(0.07
|
)
|
0.30
|
(0.38
|
)
|
—
|
(0.38
|
)
|
—
|
9.81
|
9.26
|
|||||||||||||||||||||||||||
2017(d)
|
10.33
|
0.16
|
(0.44
|
)
|
(0.28
|
)
|
(0.16
|
)
|
—
|
(0.16
|
)
|
—
|
9.89
|
9.70
|
||||||||||||||||||||||||||
Year Ended 9/30:
|
||||||||||||||||||||||||||||||||||||||||
2016
|
10.01
|
0.41
|
0.30
|
0.71
|
(0.39
|
)
|
—
|
(0.39
|
)
|
—
|
10.33
|
10.33
|
||||||||||||||||||||||||||||
NAN
|
||||||||||||||||||||||||||||||||||||||||
Year Ended 2/28-2/29:
|
||||||||||||||||||||||||||||||||||||||||
2021
|
16.04
|
0.65
|
(0.73
|
)
|
(0.08
|
)
|
(0.62
|
)
|
—
|
(0.62
|
)
|
—
|
15.34
|
13.92
|
||||||||||||||||||||||||||
2020
|
14.69
|
0.60
|
1.33
|
1.93
|
(0.58
|
)
|
—
|
(0.58
|
)
|
—
|
16.04
|
14.43
|
||||||||||||||||||||||||||||
2019
|
14.63
|
0.61
|
0.01
|
0.62
|
(0.58
|
)
|
—
|
(0.58
|
)
|
0.02
|
14.69
|
12.87
|
||||||||||||||||||||||||||||
2018
|
14.85
|
0.67
|
(0.19
|
)
|
0.48
|
(0.70
|
)
|
—
|
(0.70
|
)
|
—
|
14.63
|
13.02
|
|||||||||||||||||||||||||||
2017(d)
|
15.78
|
0.29
|
(0.92
|
)
|
(0.63
|
)
|
(0.30
|
)
|
—
|
(0.30
|
)
|
—
|
14.85
|
13.75
|
||||||||||||||||||||||||||
Year Ended 9/30:
|
||||||||||||||||||||||||||||||||||||||||
2016
|
15.26
|
0.76
|
0.55
|
1.31
|
(0.79
|
)
|
—
|
*
|
(0.79
|
)
|
—
|
15.78
|
15.33
|
Common Share Supplemental Data/
|
||||||||||||||||||||||
Ratios Applicable to Common Shares
|
||||||||||||||||||||||
Common Share
|
||||||||||||||||||||||
Total Returns
|
Ratios to Average Net Assets(b)
|
|||||||||||||||||||||
Based
|
Ending
|
|||||||||||||||||||||
Based
|
on
|
Net
|
Net
|
Portfolio
|
||||||||||||||||||
on
|
Share
|
Assets
|
Investment
|
Turnover
|
||||||||||||||||||
NAV(a)
|
Price(a)
|
(000
|
)
|
Expenses
|
Income (Loss)
|
Rate(c)
|
||||||||||||||||
(0.17
|
)%
|
(3.94
|
)%
|
$
|
154,122
|
0.57
|
%
|
3.08
|
%
|
24
|
%
|
|||||||||||
9.72
|
10.93
|
159,252
|
0.59
|
3.45
|
7
|
|||||||||||||||||
4.37
|
8.52
|
150,281
|
0.59
|
3.63
|
17
|
|||||||||||||||||
3.01
|
(0.80
|
)
|
149,313
|
0.60
|
3.69
|
12
|
||||||||||||||||
(2.71
|
)
|
(4.54
|
)
|
150,358
|
0.63
|
**
|
3.77
|
**
|
14
|
|||||||||||||
7.23
|
10.56
|
156,939
|
0.60
|
4.04
|
15
|
|||||||||||||||||
(0.40
|
)
|
0.90
|
473,214
|
1.70
|
4.29
|
23
|
||||||||||||||||
13.33
|
16.81
|
494,883
|
2.34
|
3.90
|
8
|
|||||||||||||||||
4.46
|
3.49
|
453,180
|
2.45
|
4.16
|
23
|
|||||||||||||||||
3.19
|
(0.44
|
)
|
455,375
|
2.10
|
4.43
|
14
|
||||||||||||||||
(3.97
|
)
|
(8.32
|
)
|
462,128
|
2.01
|
**
|
4.74
|
**
|
20
|
|||||||||||||
8.77
|
20.51
|
491,272
|
1.62
|
4.86
|
16
|
NNY
|
|
NAN
|
|
Year Ended 2/28-2/29:
|
|
Year Ended 2/28-2/29:
|
|
2021
|
—%***
|
2021
|
0.70%
|
2020
|
0.02
|
2020
|
1.33
|
2019
|
0.02
|
2019
|
1.42
|
2018
|
0.03
|
2018
|
1.07
|
2017(d)
|
0.03**
|
2017(d)
|
0.96**
|
Year Ended 9/30:
|
|
Year Ended 9/30:
|
|
2016
|
0.02
|
2016
|
0.65
|
Financial Highlights (continued)
|
|
|
|
|
|
|
|
|||
|
||||||||||
|
||||||||||
Selected data for a common share outstanding throughout each period:
|
|
|
|
|
|
|||||
|
|
Less Distributions to
|
|||||||||||||||||||||||||||||||||||||||
|
Investment Operations
|
Common Shareholders
|
Common Share
|
|||||||||||||||||||||||||||||||||||||
|
Net |
From
|
Discount
|
|||||||||||||||||||||||||||||||||||||
|
Beginning
|
Net
|
Realized/
|
From
|
Accumu-
|
Per
|
||||||||||||||||||||||||||||||||||
|
Common
|
Investment
|
Unrealized
|
Net
|
lated Net
|
Share
|
Ending
|
|||||||||||||||||||||||||||||||||
|
Share
|
Income
|
Gain
|
Investment
|
Realized
|
Repurchased
|
Ending
|
Share
|
||||||||||||||||||||||||||||||||
|
NAV
|
(Loss)
|
(Loss)
|
Total
|
Income
|
Gains
|
Total
|
and Retired |
NAV
|
Price
|
||||||||||||||||||||||||||||||
NRK
|
||||||||||||||||||||||||||||||||||||||||
Year Ended 2/28-2/29:
|
||||||||||||||||||||||||||||||||||||||||
2021
|
$
|
15.45
|
$
|
0.60
|
$
|
(0.64
|
)
|
$
|
(0.04
|
)
|
$
|
(0.57
|
)
|
$
|
—
|
$
|
(0.57
|
)
|
$
|
—
|
$
|
14.84
|
$
|
13.44
|
||||||||||||||||
2020
|
14.12
|
0.57
|
1.30
|
1.87
|
(0.54
|
)
|
—
|
(0.54
|
)
|
—
|
15.45
|
13.72
|
||||||||||||||||||||||||||||
2019
|
14.01
|
0.57
|
0.07
|
0.64
|
(0.54
|
)
|
—
|
(0.54
|
)
|
0.01
|
14.12
|
12.36
|
||||||||||||||||||||||||||||
2018
|
14.21
|
0.62
|
(0.20
|
)
|
0.42
|
(0.62
|
)
|
—
|
(0.62
|
)
|
—
|
14.01
|
12.31
|
|||||||||||||||||||||||||||
2017(d)
|
15.17
|
0.27
|
(0.96
|
)
|
(0.69
|
)
|
(0.27
|
)
|
—
|
(0.27
|
)
|
—
|
14.21
|
12.93
|
||||||||||||||||||||||||||
Year Ended 9/30:
|
||||||||||||||||||||||||||||||||||||||||
2016
|
14.36
|
0.69
|
0.82
|
1.51
|
(0.70
|
)
|
—
|
(0.70
|
)
|
—
|
15.17
|
14.12
|
Common Share Supplemental Data/
|
||||||||||||||||||||||
Ratios Applicable to Common Shares
|
||||||||||||||||||||||
Common Share
|
||||||||||||||||||||||
Total Returns
|
Ratios to Average Net Assets(b)
|
|||||||||||||||||||||
Based
|
Ending
|
|||||||||||||||||||||
Based
|
on
|
Net
|
Net
|
Portfolio
|
||||||||||||||||||
on
|
Share
|
Assets
|
Investment
|
Turnover
|
||||||||||||||||||
NAV(a)
|
Price(a)
|
(000
|
)
|
Expenses
|
Income (Loss)
|
Rate(c)
|
||||||||||||||||
(0.16
|
)%
|
2.31
|
%
|
$
|
1,294,269
|
1.80
|
%
|
4.10
|
%
|
22
|
%
|
|||||||||||
13.47
|
15.57
|
1,347,971
|
2.33
|
3.89
|
12
|
|||||||||||||||||
4.75
|
5.01
|
1,231,771
|
2.51
|
4.08
|
21
|
|||||||||||||||||
2.90
|
(0.18
|
)
|
1,227,358
|
2.13
|
4.28
|
13
|
||||||||||||||||
(4.52
|
)
|
(6.49
|
)
|
1,244,673
|
2.03
|
*
|
4.60
|
*
|
13
|
|||||||||||||
10.71
|
18.04
|
1,329,069
|
1.55
|
4.66
|
10
|
NRK
|
|
Year Ended 2/28-2/29:
|
|
2021
|
0.80%
|
2020
|
1.37
|
2019
|
1.52
|
2018
|
1.14
|
2017(d)
|
1.02*
|
Year Ended 9/30:
|
|
2016
|
0.62
|
|
|
|
|
|
|
|
|
|
|
|
iMTP, MFP,
|
|
|
|
|
|
|
|
|
|
|
|
AMTP, VMTP
|
|
|
|
|
|
|
|
|
|
|
|
and/or
|
|
AMTP Shares
|
iMTP Shares
|
MFP Shares
|
VMTP Shares
|
VRDP Shares
|
VRDP Shares
|
|||||
|
at the
|
at the
|
at the
|
at the
|
at the
|
at the End
|
|||||
|
End of Period
|
End of Period
|
End of Period
|
End of Period
|
End of Period
|
of Period
|
|||||
|
Aggregate
|
Asset
|
Aggregate
|
Asset
|
Aggregate |
Asset
|
Aggregate |
Asset
|
Aggregate
|
Asset
|
Asset
|
|
Amount
|
Coverage |
Amount
|
Coverage |
Amount
|
Coverage |
Amount
|
Coverage |
Amount
|
Coverage
|
Coverage
|
|
Out-
|
Per
|
Out-
|
Per
|
Out-
|
Per
|
Out-
|
Per
|
Out-
|
Per
|
Per $1
|
|
standing
|
$100,000
|
standing
|
$5,000
|
standing
|
$100,000 |
standing
|
$100,000
|
standing
|
$100,000
|
Liquidation
|
|
(000)
|
Share
|
(000)
|
Share
|
(000)
|
Share
|
(000)
|
Share
|
(000)
|
Share
|
Preference
|
|
|||||||||||
NAN
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended 2/28-2/29:
|
|
|
|
|
|
|
|
|
|
|
|
2021
|
$147,000
|
$300,514
|
$ —
|
$ —
|
$ —
|
$ —
|
$ —
|
$ —
|
$ 89,000
|
$300,514
|
$3.01
|
2020
|
147,000
|
309,696
|
—
|
—
|
—
|
—
|
—
|
—
|
89,000
|
309,696
|
3.10
|
2019
|
147,000
|
292,026
|
—
|
—
|
—
|
—
|
—
|
—
|
89,000
|
292,026
|
2.92
|
2018
|
—
|
—
|
—
|
—
|
—
|
—
|
147,000
|
292,955
|
89,000
|
292,955
|
2.93
|
2017(a)
|
—
|
—
|
—
|
—
|
—
|
—
|
147,000
|
295,834
|
89,000
|
295,834
|
2.96
|
Year Ended 9/30:
|
|
|
|
|
|
|
|
|
|
|
|
2016
|
—
|
—
|
—
|
—
|
—
|
—
|
147,000
|
308,166
|
89,000
|
308,166
|
3.08
|
|
|||||||||||
NRK
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended 2/28-2/29:
|
|
|
|
|
|
|
|
|
|
|
|
2021
|
—
|
—
|
—
|
—
|
80,000
|
274,008
|
—
|
—
|
663,800
|
274,008
|
2.74
|
2020
|
—
|
—
|
—
|
—
|
80,000
|
281,228
|
—
|
—
|
663,800
|
281,228
|
2.81
|
2019
|
—
|
—
|
—
|
—
|
80,000
|
265,605
|
—
|
—
|
663,800
|
265,605
|
2.66
|
2018
|
—
|
—
|
—
|
—
|
80,000
|
265,012
|
—
|
—
|
663,800
|
265,012
|
2.65
|
2017(a)
|
—
|
—
|
79,000
|
13,378
|
—
|
—
|
—
|
—
|
663,800
|
267,565
|
2.68
|
Year Ended 9/30:
|
|
|
|
|
|
|
|
|
|
|
|
2016
|
—
|
—
|
79,000
|
13,946
|
—
|
—
|
—
|
—
|
663,800
|
278,927
|
2.79
|
|
|||||||||||
(a) For the five months ended February 28, 2017.
|
|
|
|
|
NNY
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Long-Term Investments*:
|
||||||||||||||||
Municipal Bonds
|
$
|
—
|
$
|
149,987,238
|
$
|
—
|
$
|
149,987,238
|
||||||||
NAN
|
||||||||||||||||
Long-Term Investments*:
|
||||||||||||||||
Municipal Bonds
|
$
|
—
|
$
|
712,931,963
|
$
|
—
|
$
|
712,931,963
|
||||||||
NRK
|
||||||||||||||||
Long-Term Investments*:
|
||||||||||||||||
Municipal Bonds
|
$
|
—
|
$
|
2,044,160,995
|
$
|
—
|
$
|
2,044,160,995
|
Floating Rate Obligations Outstanding
|
NNY
|
NAN
|
NRK
|
|||||||||
Floating rate obligations: self-deposited Inverse Floaters
|
$
|
—
|
$
|
25,825,000
|
$
|
30,800,000
|
||||||
Floating rate obligations: externally-deposited Inverse Floaters
|
—
|
13,950,000
|
—
|
|||||||||
Total
|
$
|
—
|
$
|
39,775,000
|
$
|
30,800,000
|
Self-Deposited Inverse Floaters
|
NNY
|
NAN
|
NRK
|
|||||||||
Average floating rate obligations outstanding
|
$
|
161,315
|
$
|
26,568,014
|
$
|
30,926,247
|
||||||
Average annual interest rate and fees
|
3.25
|
%
|
0.97
|
%
|
0.95
|
%
|
Floating Rate Obligations — Recourse Trusts
|
NNY
|
NAN
|
NRK
|
|||||||||
Maximum exposure to Recourse Trusts: self-deposited Inverse Floaters
|
$
|
—
|
$
|
25,825,000
|
$
|
30,800,000
|
||||||
Maximum exposure to Recourse Trusts: externally-deposited Inverse Floaters
|
—
|
13,950,000
|
—
|
|||||||||
Total
|
$
|
—
|
$
|
39,775,000
|
$
|
30,800,000
|
Investment Transactions
|
|
|
|
Long-term purchases and sales (including maturities) during the current fiscal period were as follows:
|
|
|
|
|
NNY
|
NAN
|
NRK
|
|||||||||
Purchases
|
$
|
36,577,349
|
$
|
159,487,693
|
$
|
435,896,910
|
||||||
Sales and maturities
|
39,171,944
|
174,729,332
|
445,400,074
|
|
NNY
|
|
|
||
|
Year
|
Year
|
|
Ended
|
Ended
|
|
2/28/21
|
2/29/20
|
|
||
Common shares:
|
|
|
Issued to shareholders due to reinvestment of distributions
|
9,453
|
12,634
|
The details of NAN’s AMTP Shares outstanding as of the end of the reporting period, were as follows:
|
|
|
|
|
|
|
|
|
Liquidation
|
|
|
|
|
Preference,
|
|
|
|
|
net of
|
|
|
Shares
|
Liquidation
|
deferred
|
Fund
|
Series
|
Outstanding
|
Preference
|
offering costs
|
|
||||
NAN
|
2028
|
1,470
|
$147,000,000
|
$146,912,742
|
|
Notice
|
|
Term
|
Premium
|
Fund
|
Period
|
Series
|
Redemption Date
|
Expiration Date
|
NAN
|
360-day
|
2028
|
December 1, 2028*
|
November 30, 2019
|
* Subject to early termination by either the Fund or the holder.
|
|
|
|
|
|
NAN
|
|||
Average liquidation preference of AMTP Shares outstanding
|
$
|
147,000,000
|
||
Annualized dividend rate
|
1.22
|
%
|
As of the end of the reporting period, details of the Fund’s MFP Shares outstanding were as follows:
|
|
|
|
|
|||||||
|
|
|
|
Liquidation
|
|
|
|
|
|
|
|
Preference,
|
|
|
|
|
|
Shares
|
Liquidation
|
net of deferred
|
Term
|
|
Mode
|
Fund
|
Series
|
Outstanding
|
Preference
|
offering costs
|
Redemption Date
|
Mode
|
Termination Date
|
|
|||||||
NRK
|
A
|
800
|
$80,000,000
|
$79,558,583
|
May 1, 2047
|
VRRM
|
May 1, 2047
|
NRK | ||||
Average liquidation preference of MFP Shares outstanding
|
$
|
80,000,000
|
||
Annualized dividend rate
|
0.96
|
%
|
|
|
Shares
|
Remarketing
|
Liquidation
|
|
Fund
|
Series
|
Outstanding
|
Fees*
|
Preference
|
Maturity
|
|
|||||
NAN
|
1
|
890
|
0.05%
|
$ 89,000,000
|
March 1, 2040
|
|
|||||
NRK
|
|
|
|
|
|
|
1
|
1,123
|
0.10%
|
$112,300,000
|
August 1, 2040
|
|
2
|
1,648
|
0.10%
|
$164,800,000
|
August 1, 2040
|
|
3
|
1,617
|
0.10%
|
$161,700,000
|
December 1, 2040
|
|
4
|
500
|
0.10%
|
$ 50,000,000
|
June 1, 2040
|
|
5
|
1,750
|
0.05%
|
$175,000,000
|
June 1, 2046
|
* Remarketing fees as a percentage of the aggregate principal amount of all VRDP Shares outstanding for each series.
|
|
|
|
NAN
|
NRK
|
Average liquidation preference of VRDP Shares outstanding
|
$89,000,000
|
$663,800,000
|
Annualized dividend rate
|
0.50%
|
0.47%
|
|
NNY
|
NAN
|
NRK
|
|||||||||
Tax cost of investments
|
$
|
139,722,132
|
$
|
637,683,104
|
$
|
1,847,410,459
|
||||||
Gross unrealized:
|
||||||||||||
Appreciation
|
$
|
10,687,326
|
$
|
51,378,844
|
$
|
167,961,805
|
||||||
Depreciation
|
(422,220
|
)
|
(1,955,006
|
)
|
(2,011,342
|
)
|
||||||
Net unrealized appreciation (depreciation) of investments
|
$
|
10,265,106
|
$
|
49,423,838
|
$
|
165,950,463
|
|
NNY
|
NAN
|
NRK
|
Undistributed net tax-exempt income1
|
$291,429
|
$3,193,093
|
$7,322,275
|
Undistributed net ordinary income2
|
38,473
|
138,647
|
80,224
|
Undistributed net long-term capital gains
|
—
|
—
|
—
|
2021
|
NNY
|
NAN
|
NRK
|
Distributions from net tax-exempt income3
|
$4,884,130
|
$18,825,298
|
$49,044,789
|
Distributions from net ordinary income2
|
44,696
|
179,123
|
417,630
|
Distributions from net long-term capital gains
|
—
|
—
|
—
|
|
|||
2020
|
NNY
|
NAN
|
NRK
|
Distributions from net tax-exempt income
|
$5,036,413
|
$22,519,144
|
$57,391,580
|
Distributions from net ordinary income2
|
383,031
|
408,337
|
836,663
|
Distributions from net long-term capital gains
|
—
|
—
|
—
|
|
NNY
|
NAN
|
NRK
|
Not subject to expiration:
|
|
|
|
Short-term
|
$1,417,804
|
$12,367,799
|
$49,503,620
|
Long-term
|
248,926
|
1,609,490
|
—
|
Total
|
$1,666,730
|
$13,977,289
|
$49,503,620
|
|
7. Management Fees and Other Transactions with Affiliates
|
|
|
|
The annual fund-level fee, payable monthly, for each Fund (excluding NNY) is calculated according to the following schedule:
|
|
|
NAN
|
|
NRK
|
Average Daily Managed Assets*
|
Fund-Level Fee Rate
|
For the first $125 million
|
0.4500%
|
For the next $125 million
|
0.4375
|
For the next $250 million
|
0.4250
|
For the next $500 million
|
0.4125
|
For the next $1 billion
|
0.4000
|
For the next $3 billion
|
0.3750
|
For managed assets over $5 billion
|
0.3625
|
Complex-Level Eligible Asset Breakpoint Level*
|
Effective Complex-Level Fee Rate at Breakpoint Level
|
$55 billion
|
0.2000%
|
$56 billion
|
0.1996
|
$57 billion
|
0.1989
|
$60 billion
|
0.1961
|
$63 billion
|
0.1931
|
$66 billion
|
0.1900
|
$71 billion
|
0.1851
|
$76 billion
|
0.1806
|
$80 billion
|
0.1773
|
$91 billion
|
0.1691
|
$125 billion
|
0.1599
|
$200 billion
|
0.1505
|
$250 billion
|
0.1469
|
$300 billion
|
0.1445
|
Cross-Trades
|
NNY
|
NAN
|
NRK
|
Purchases
|
$2,679,358
|
$26,923,548
|
$78,651,068
|
Sales
|
1,985,820
|
27,000,008
|
76,421,129
|
|
NRK
|
Maximum outstanding balance
|
$27,400,000
|
During the Fund’s utilization period(s) during the current fiscal period, the average daily balance outstanding and average annual interest rate on the
|
|
Borrowings were as follows:
|
|
|
NRK
|
Utilization period (days outstanding)
|
35
|
Average daily balance outstanding
|
$16,472,019
|
Average annual interest rate
|
1.94%
|
|
|
|
Nuveen
|
|
|
Nuveen
|
New York
|
|
Nuveen
|
New York
|
AMT-Free
|
|
New York
|
Quality
|
Quality
|
|
Municipal
|
Municipal
|
Municipal
|
|
Value
|
Income
|
Income
|
|
Fund
|
Fund
|
Fund
|
Risk
|
(NNY)
|
(NAN)
|
(NRK)
|
Portfolio Level Risks
|
|
|
|
Alternative Minimum Tax Risk
|
X
|
X
|
—
|
Below Investment Grade Risk
|
X
|
X
|
X
|
Call Risk
|
X
|
X
|
X
|
Credit Risk
|
X
|
X
|
X
|
Credit Spread Risk
|
X
|
X
|
X
|
Deflation Risk
|
X
|
X
|
X
|
Derivatives Risk
|
X
|
X
|
X
|
Distressed Securities Risk
|
X
|
X
|
X
|
Duration Risk
|
X
|
X
|
X
|
Economic Sector Risk
|
X
|
X
|
X
|
Financial Futures and Options Risk
|
X
|
X
|
X
|
Hedging Risk
|
X
|
X
|
X
|
Illiquid Investments Risk
|
X
|
X
|
X
|
Income Risk
|
X
|
X
|
X
|
Inflation Risk
|
X
|
X
|
X
|
Insurance Risk
|
X
|
X
|
X
|
Interest Rate Risk
|
X
|
X
|
X
|
Inverse Floating Rate Securities Risk
|
X
|
X
|
X
|
Municipal Securities Market Liquidity Risk
|
X
|
X
|
X
|
Municipal Securities Market Risk
|
X
|
X
|
X
|
Other Investment Companies Risk
|
X
|
X
|
X
|
Puerto Rico Municipal Securities Market Risk
|
X
|
X
|
X
|
Reinvestment Risk
|
X
|
X
|
X
|
Sector and Industry Risk
|
X
|
X
|
X
|
Sector Focus Risk
|
X
|
X
|
X
|
Special Considerations Related to New York Concentration Risk
|
X
|
X
|
X
|
Special Risks Related to Certain Municipal Obligations
|
X
|
X
|
X
|
Swap Transactions Risk
|
X
|
X
|
X
|
Tax Risk
|
X
|
X
|
X
|
Taxability Risk
|
X
|
X
|
X
|
Tobacco Settlement Bond Risk
|
X
|
X
|
X
|
Unrated Securities Risk
|
X
|
X
|
X
|
Valuation Risk
|
X
|
X
|
X
|
Zero Coupon Bonds Risk
|
X
|
X
|
X
|
Shareholder Update (Unaudited) (continued)
|
|
|
|
|
Nuveen
|
|
|
Nuveen
|
New York
|
|
Nuveen
|
New York
|
AMT-Free
|
|
New York
|
Quality
|
Quality
|
|
Municipal
|
Municipal
|
Municipal
|
|
Value
|
Income
|
Income
|
|
Fund
|
Fund
|
Fund
|
Risk
|
(NNY)
|
(NAN)
|
(NRK)
|
Fund Level and Other Risks
|
|
|
|
Anti-Takeover Provisions
|
X
|
X
|
X
|
Counterparty Risk
|
X
|
X
|
X
|
Cybersecurity Risk
|
X
|
X
|
X
|
Economic and Political Events Risk
|
X
|
X
|
X
|
Global Economic Risk
|
X
|
X
|
X
|
Investment and Market Risk
|
X
|
X
|
X
|
Legislation and Regulatory Risk
|
X
|
X
|
X
|
Leverage Risk
|
—
|
X
|
X
|
Market Discount from Net Asset Value
|
X
|
X
|
X
|
Recent Market Conditions
|
X
|
X
|
X
|
Reverse Repurchase Agreement Risk
|
X
|
X
|
X
|
|
|||
Portfolio Level Risks:
|
|
|
|
|
|
Nuveen
|
|
Nuveen
|
New York
|
|
New York
|
AMT-Free
|
|
Quality
|
Quality
|
|
Municipal
|
Municipal
|
|
Income
|
Income
|
|
Fund
|
Fund
|
|
(NAN)
|
(NRK)
|
Estimated Leverage as a Percentage of Managed Assets (Including Assets Attributable to Leverage)
|
36.82%
|
37.44%
|
Estimated Annual Effective Leverage Expense Rate Payable by Fund on Leverage
|
1.25%
|
1.33%
|
Annual Return Fund Portfolio Must Experience (net of expenses) to Cover Estimated Annual Effective Interest Expense Rate on Leverage
|
0.46%
|
0.50%
|
Common Share Total Return for (10.00)% Assumed Portfolio Total Return
|
-16.56%
|
-16.78%
|
Common Share Total Return for (5.00)% Assumed Portfolio Total Return
|
-8.64%
|
-8.79%
|
Common Share Total Return for 0.00% Assumed Portfolio Total Return
|
-0.73%
|
-0.80%
|
Common Share Total Return for 5.00% Assumed Portfolio Total Return
|
7.18%
|
7.20%
|
Common Share Total Return for 10.00% Assumed Portfolio Total Return
|
15.10%
|
15.19%
|
Board of Directors/Trustees
|
|
|
|
|
|
|
|
Jack B. Evans
|
William C. Hunter
|
Albin F. Moschner
|
John K. Nelson
|
Judith M. Stockdale
|
Carole E. Stone
|
|
|
Terence J. Toth
|
Matthew Thornton III
|
Margaret L. Wolff
|
Robert L. Young
|
|
|
|
|
|
|||||||
Investment Adviser
|
Custodian
|
Legal Counsel
|
Independent Registered
|
Transfer Agent and
|
|
||
Nuveen Fund Advisors, LLC
|
State Street Bank
|
Chapman and Cutler LLP
|
Public Accounting Firm
|
Shareholder Services
|
|
||
333 West Wacker Drive
|
& Trust Company
|
Chicago, IL 60603
|
KPMG LLP
|
|
Computershare Trust
|
|
|
Chicago, IL 60606
|
One Lincoln Street
|
|
200 East Randolph Street
|
Company, N.A.
|
|
||
|
Boston, MA 02111
|
|
Chicago, IL 60601
|
150 Royall Street
|
|
||
|
|
|
|
|
Canton, MA 02021
|
|
|
|
|
|
|
|
(800) 257-8787
|
|
|
|
|||||||
Portfolio of Investments Information
|
|
|
|
|
|
|
|
Each Fund is required to file its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal
|
|||||||
year as an exhibit to its report on Form N-PORT. You may obtain this information on the SEC’s website at http://www.sec.gov.
|
|
|
|
||||
|
|||||||
Nuveen Funds’ Proxy Voting Information
|
|
|
|
|
|
|
|
You may obtain (i) information regarding how each fund voted proxies relating to portfolio securities held during the most recent twelve-month period ended June 30,
|
|||||||
without charge, upon request, by calling Nuveen toll-free at (800) 257-8787 or on Nuveen’s website at www.nuveen.com and (ii) a description of the policies and
|
|||||||
procedures that each fund used to determine how to vote proxies relating to portfolio securities without charge, upon request, by calling Nuveen toll free at
|
|||||||
(800) 257-8787. You may also obtain this information directly from the SEC. Visit the SEC on-line at http://www.sec.gov.
|
|
|
|
|
|
||
|
|||||||
CEO Certification Disclosure
|
|
|
|
|
|
|
|
Each Fund’s Chief Executive Officer (CEO) has submitted to the New York Stock Exchange (NYSE) the annual CEO certification as required by Section 303A.12(a)
|
|||||||
of the NYSE Listed Company Manual. Each Fund has filed with the SEC the certification of its CEO and Chief Financial Officer required by Section 302 of
the Sarbanes-Oxley Act.
|
|
||||||
|
|||||||
Common Share Repurchases
|
|
|
|
|
|
|
|
Each Fund intends to repurchase, through its open-market share repurchase program, shares of its own common stock at such times and in such amounts as is
|
|||||||
deemed advisable. During the period covered by this report, each Fund repurchased shares of its common stock as shown in the accompanying table.
|
|||||||
Any future repurchases will be reported to shareholders in the next annual or semi-annual report.
|
|
|
|
|
|
|
|
|
|
NNY
|
NAN
|
NRK
|
|
|||
Common shares repurchased
|
0
|
0
|
0
|
|
|||||||
FINRA BrokerCheck
|
|
|
|
|
|
|
|
The Financial Industry Regulatory Authority (FINRA) provides information regarding the disciplinary history of FINRA member firms and associated investment
|
|||||||
professionals. This information as well as an investor brochure describing FINRA BrokerCheck is available to the public by calling the FINRA BrokerCheck
|
|||||||
Hotline number at (800) 289-9999 or by visiting www.FINRA.org.
|
Name,
|
Position(s) Held
|
Year First
|
Principal
|
Number
|
Year of Birth
|
with the Funds
|
Elected or
|
Occupation(s)
|
of Portfolios
|
& Address
|
|
Appointed
|
Including other
|
in Fund
|
and Term(1)
|
Directorships
|
Complex |
||
|
|
|
During Past |
Overseen by
|
|
|
|
5 Years
|
Board Member
|
Independent Board Members:
|
|
|
|
|
|
||||
■ TERENCE J. TOTH
|
|
|
Formerly, a Co-Founding Partner, Promus Capital (investment advisory
|
|
1959
|
|
|
firm) (2008-2017); Director, Quality Control Corporation (manufacturing)
|
|
333 W. Wacker Drive
|
Chair and
|
2008
|
(since 2012); member: Catalyst Schools of Chicago Board (since 2008)
|
142
|
Chicago, IL 6o6o6
|
Board Member
|
Class II
|
and Mather Foundation Board (philanthropy) (since 2012), and chair of
|
|
|
|
|
its Investment Committee; formerly, Director, Fulcrum IT Services LLC
|
|
|
|
|
(information technology services firm to government entities) (2010-2019);
|
|
|
|
|
formerly, Director, Legal & General Investment Management America, Inc.
|
|
|
|
|
(asset management) (2008-2013); formerly, CEO and President, Northern
|
|
|
|
|
Trust Global Investments (financial services) (2004-2007): Executive Vice
|
|
|
|
|
President, Quantitative Management & Securities Lending (2000-2004);
|
|
|
|
|
prior thereto, various positions with Northern Trust Company (financial
|
|
|
|
|
services) (since 1994); formerly, Member, Northern Trust Mutual Funds
|
|
|
|
|
Board (2005-2007), Northern Trust Global Investments Board (2004-2007),
|
|
|
|
|
Northern Trust Japan Board (2004-2007), Northern Trust Securities Inc.
|
|
|
|
|
Board (2003-2007) and Northern Trust Hong Kong Board (1997-2004).
|
|
|
||||
■ JACK B. EVANS
|
|
|
Chairman (since 2019), formerly, President (1996-2019), The Hall-Perrine
|
|
1948
|
|
|
Foundation, (private philanthropic corporation); Director and Chairman
|
|
333 W. Wacker Drive
|
Board Member
|
1999
|
(since 2009), United Fire Group, a publicly held company; formerly,
|
142
|
Chicago, IL 6o6o6
|
|
Class III
|
Director, Public Member, American Board of Orthopaedic Surgery
|
|
|
|
|
(2015-2020); Life Trustee of Coe College and the Iowa College Foundation;
|
|
|
|
|
formerly, Member and President Pro-Tem of the Board of Regents for the
|
|
|
|
|
State of Iowa University System (2000- 2004); formerly, Director
|
|
|
|
|
(2000-2004), Alliant Energy; formerly, Director (1996- 2015), The Gazette
|
|
|
|
|
Company (media and publishing); formerly, Director (1998- 2003), Federal
|
|
|
|
|
Reserve Bank of Chicago; formerly, President and Chief Operating Officer
|
|
|
|
|
(1972-1995), SCI Financial Group, Inc., (regional financial services firm).
|
|
|
||||
■ WILLIAM C. HUNTER
|
|
|
Dean Emeritus, formerly, Dean, Tippie College of Business, University of
|
|
1948
|
|
|
Iowa (2006-2012); Director of Wellmark, Inc. (since 2009); past Director
|
|
333 W. Wacker Drive
|
Board Member
|
2003
|
(2005-2015), and past President (2010-2014) Beta Gamma Sigma, Inc.,
|
142
|
Chicago, IL 6o6o6
|
|
Class I
|
The International Business Honor Society; formerly, Director (2004-2018)
|
|
|
|
|
of Xerox Corporation; Dean and Distinguished Professor of Finance,
|
|
|
|
|
School of Business at the University of Connecticut (2003-2006);
|
|
|
|
|
previously, Senior Vice President and Director of Research at the Federal
|
|
|
|
|
Reserve Bank of Chicago (1995-2003); formerly, Director (1997-2007),
|
|
|
|
|
Credit Research Center at Georgetown University.
|
|
Name,
|
Position(s) Held
|
Year First
|
Principal
|
Number
|
Year of Birth
|
with the Funds
|
Elected or
|
Occupation(s)
|
of Portfolios
|
& Address
|
|
Appointed
|
Including other
|
in Fund
|
and Term(1)
|
Directorships
|
Complex |
||
|
|
|
During Past |
Overseen by
|
|
|
|
5 Years
|
Board Member
|
|
||||
Independent Board Members (continued):
|
|
|
|
|
|
||||
|
||||
■ ALBIN F. MOSCHNER
|
|
|
Founder and Chief Executive Officer, Northcroft Partners, LLC,
|
|
1952
|
|
|
(management consulting) (since 2012); formerly, Chairman (2019),
|
|
333 W. Wacker Drive
|
Board Member
|
2016
|
and Director (2012-2019), USA Technologies, Inc., (provider of
|
142
|
Chicago, IL 6o6o6
|
|
Class III
|
solutions and services to facilitate electronic payment transactions);
|
|
|
|
|
formerly, Director, Wintrust Financial Corporation (1996-2016);
|
|
|
|
|
previously, held positions at Leap Wireless International, Inc., (consumer
|
|
|
|
|
wireless services) including Consultant (2011-2012), Chief Operating
|
|
|
|
|
Officer (2008-2011), and Chief Marketing Officer (2004-2008); formerly,
|
|
|
|
|
President, Verizon Card Services division of Verizon Communications,
|
|
|
|
|
Inc. (2000-2003); formerly, President, One Point Services at One Point
|
|
|
|
|
Communications (telecommunication services) (1999-2000); formerly,
|
|
|
|
|
Vice Chairman of the Board, Diba, Incorporated (internet technology
|
|
|
|
|
provider) (1996-1997); formerly, various executive positions (1991-1996)
|
|
|
|
|
and Chief Executive Officer (1995-1996) of Zenith Electronics Corporation
|
|
|
|
|
(consumer electronics).
|
|
|
||||
■ JOHN K. NELSON
|
|
|
Member of Board of Directors of Core12 LLC. (private firm which develops
|
|
1962
|
|
|
branding, marketing and communications strategies for clients) (since
|
|
333 W. Wacker Drive
|
Board Member
|
2013
|
2008); served on The President’s Council of Fordham University (2010-
|
142
|
Chicago, IL 6o6o6
|
|
Class II
|
2019) and previously a Director of the Curran Center for Catholic American
|
|
|
|
|
Studies (2009-2018); formerly, senior external advisor to the Financial
|
|
|
|
|
Services practice of Deloitte Consulting LLP. (2012-2014); former Chair of
|
|
|
|
|
the Board of Trustees of Marian University (2010-2014 as trustee, 2011-2014
|
|
|
|
|
as Chair); formerly Chief Executive Officer of ABN AMRO Bank N.V., North
|
|
|
|
|
America, and Global Head of the Financial Markets Division (2007-2008),
|
|
|
|
|
with various executive leadership roles in ABN AMRO Bank N.V. between
|
|
|
|
|
1996 and 2007.
|
|
|
||||
■ JUDITH M. STOCKDALE
|
|
|
Board Member, Land Trust Alliance (national public charity addressing
|
|
1947
|
|
|
natural land and water conservation in the U.S.) (since 2013); formerly,
|
|
333 W. Wacker Drive
|
Board Member
|
1997
|
Board Member, U.S. Endowment for Forestry and Communities
|
142
|
Chicago, IL 6o6o6
|
|
Class I
|
(national endowment addressing forest health, sustainable forest
|
|
|
|
|
production and markets, and economic health of forest-reliant communities
|
|
|
|
|
in the U.S.) (2013-2019); formerly, Executive Director (1994-2012), Gaylord
|
|
|
|
|
and Dorothy Donnelley Foundation (private foundation endowed to support
|
|
|
|
|
both natural land conservation and artistic vitality); prior thereto, Executive
|
|
|
|
|
Director, Great Lakes Protection Fund (1990-1994).
|
|
|
||||
■ CAROLE E. STONE
|
|
|
Former Director, Chicago Board Options Exchange, Inc. (2006-2017); and
|
|
1947
|
|
|
C2 Options Exchange, Incorporated (2009-2017); formerly, Director, Cboe,
|
|
333 W. Wacker Drive
|
Board Member
|
2007
|
Global Markets, Inc. (2010-2020) (formerly named CBOE Holdings, Inc.;
|
142
|
Chicago, IL 6o6o6
|
|
Class I
|
formerly, Commissioner, New York State Commission on Public
|
|
|
|
|
Authority Reform (2005-2010).
|
|
Name,
|
Position(s) Held
|
Year First
|
Principal
|
Number
|
Year of Birth
|
with the Funds
|
Elected or
|
Occupation(s)
|
of Portfolios
|
& Address
|
|
Appointed
|
Including other
|
in Fund
|
and Term(1)
|
Directorships
|
Complex |
||
|
|
|
During Past |
Overseen by
|
|
|
|
5 Years
|
Board Member
|
Independent Board Members (continued):
|
|
|
|
|
|
||||
|
||||
■ MATTHEW THORNTON III
|
|
Formerly, Executive Vice President and Chief Operating Officer (2018-2019),
|
|
|
1958
|
|
|
FedEx Freight Corporation, a subsidiary of FedEx Corporation (“FedEx”)
|
|
333 W. Wacker Drive
|
Board Member
|
2020
|
(provider of transportation, e-commerce and business services through its
|
142
|
Chicago, IL 6o6o6
|
|
Class III
|
portfolio of companies); formerly, Senior Vice President, U.S. Operations
|
|
|
|
|
(2006-2018), Federal Express Corporation, a subsidiary of FedEx; formerly,
|
|
|
|
|
Member of the Board of Directors (2012-2018), Safe Kids Worldwide® (a
|
|
|
|
|
non-profit organization dedicated to preventing childhood injuries).
|
|
|
|
|
Member of the Board of Directors (since 2014), The Sherwin-Williams
|
|
|
|
|
Company (develops, manufactures, distributes and sells paints, coatings
|
|
|
|
|
and related products); Director (since 2020), Crown Castle International
|
|
|
|
|
(provider of communications infrastructure)
|
|
|
||||
■ MARGARET L. WOLFF
|
|
|
Formerly, member of the Board of Directors (2013-2017) of Travelers
|
|
1955
|
|
|
Insurance Company of Canada and The Dominion of Canada General
|
|
333 W. Wacker Drive
|
Board Member
|
2016
|
Insurance Company (each, a part of Travelers Canada, the Canadian
|
142
|
Chicago, IL 6o6o6
|
|
Class I
|
operation of The Travelers Companies, Inc.); formerly, Of Counsel,
|
|
|
|
|
Skadden, Arps, Slate, Meagher & Flom LLP (legal services, Mergers &
|
|
|
|
|
Acquisitions Group) (2005-2014); Member of the Board of Trustees of
|
|
|
|
|
New York-Presbyterian Hospital (since 2005); Member (since 2004) and
|
|
|
|
|
Chair (since 2015) of the Board of Trustees of The John A. Hartford
|
|
|
|
|
Foundation (philanthropy dedicated to improving the care of older adults);
|
|
|
|
|
formerly, Member (2005-2015) and Vice Chair (2011-2015) of the Board of
|
|
|
|
|
Trustees of Mt. Holyoke College.
|
|
|
||||
■ ROBERT L. YOUNG
|
|
|
Formerly, Chief Operating Officer and Director, J.P.Morgan Investment
|
|
1963
|
|
|
Management Inc. (financial services) (2010-2016); formerly, President
|
|
333 W. Wacker Drive
|
Board Member
|
2017
|
and Principal Executive Officer (2013-2016), and Senior Vice President
|
142
|
Chicago, IL 6o6o6
|
|
Class II
|
and Chief Operating Officer (2005-2010), of J.P.Morgan Funds; formerly,
|
|
|
|
|
Director and various officer positions for J.P.Morgan Investment
|
|
|
|
|
Management Inc. (formerly, JPMorgan Funds Management, Inc. and
|
|
|
|
|
formerly, One Group Administrative Services) and JPMorgan Distribution
|
|
|
|
|
Services, Inc. (financial services) (formerly, One Group Dealer Services,
|
|
|
|
|
Inc.) (1999-2017).
|
|
Name,
|
Position(s) Held
|
Year First
|
Principal
|
Year of Birth
|
with the Funds
|
Elected or
|
Occupation(s)
|
& Address
|
|
Appointed(2)
|
During Past 5 Years
|
|
|||
Officers of the Funds:
|
|
|
|
|
|||
■ DAVID J. LAMB
|
|
|
Managing Director of Nuveen Fund Advisors, LLC and Nuveen Securities, LLC (since 2020);
|
1963
|
Chief
|
|
Managing Director (since 2017), formerly, Senior Vice President of Nuveen, LLC (since 2006),
|
333 W. Wacker Drive
|
Administrative
|
2015
|
Vice President prior to 2006
|
Chicago, IL 6o6o6
|
Officer
|
|
|
|
|||
■ MARK J. CZARNIECKI
|
|
|
Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2016) and Nuveen Fund
|
1979
|
Vice President
|
|
Advisors (since 2017); Vice President and Associate General Counsel of Nuveen, LLC (since 2013)
|
901 Marquette Avenue
|
and Assistant
|
2013
|
and Vice President, Assistant Secretary and Associate General Counsel of Nuveen Asset
|
Minneapolis, MN 55402
|
Secretary
|
|
Management (since 2018).
|
|
|||
■ DIANA R. GONZALEZ
|
|
|
Vice President and Assistant Secretary of Nuveen Fund Advisors, LLC (since 2017); Vice President
|
1978
|
Vice President
|
|
and Associate General Counsel of Nuveen, LLC (since 2017); Associate General Counsel of Jackson
|
333 W. Wacker Drive
|
and Assistant
|
2017
|
National Asset Management, LLC (2012-2017).
|
Chicago, IL 6o6o6
|
Secretary
|
|
|
|
|||
■ NATHANIEL T. JONES
|
|
|
Managing Director (since 2017), formerly, Senior Vice President (2016-2017), formerly,
|
1979
|
|
|
Vice President (2011-2016) of Nuveen, LLC; Managing Director (since 2015) of Nuveen Fund
|
333 W. Wacker Drive
|
Vice President
|
2016
|
Advisors, LLC; Chartered Financial Analyst.
|
Chicago, IL 6o6o6
|
and Treasurer
|
|
|
|
|||
■ TINA M. LAZAR
|
|
|
Managing Director (since 2017), formerly, Senior Vice President (2014-2017) of
|
1961
|
|
|
Nuveen Securities, LLC.
|
333 W. Wacker Drive
|
Vice President
|
2002
|
|
Chicago, IL 6o6o6
|
|
|
|
|
|||
■ BRIAN J. LOCKHART
|
|
|
Managing Director (since 2019) of Nuveen Fund Advisors, LLC; Managing Director (since 2017),
|
1974
|
|
|
formerly, Vice President (2010-2017) of Nuveen, LLC; Head of Investment Oversight (since 2017),
|
333 W. Wacker Drive
|
Vice President
|
2019
|
formerly, Team Leader of Manager Oversight (2015-2017); Chartered Financial Analyst and Certified
|
Chicago, IL 6o6o6
|
|
|
Financial Risk Manager.
|
|
|||
■ JACQUES M. LONGERSTAEY
|
|
Senior Managing Director, Chief Risk Officer, Nuveen, LLC (since May 2019); Senior Managing
|
|
1963
|
|
|
Director (since May 2019) of Nuveen Fund Advisors, LLC; formerly, Chief Investment and Model
|
8500 Andrew
Carnegie Blvd.
|
Vice President
|
2019
|
Risk Officer, Wealth & Investment Management Division, Wells Fargo Bank (NA) (2013-2019).
|
Charlotte, NC 28262
|
|
|
|
|
|||
■ KEVIN J. MCCARTHY
|
|
|
Senior Managing Director (since 2017) and Secretary and General Counsel (since 2016) of Nuveen
|
1966
|
Vice President
|
|
Investments, Inc., formerly, Executive Vice President (2016-2017) and Managing Director and
|
333 W. Wacker Drive
|
and Assistant
|
2007
|
Assistant Secretary (2008-2016); Senior Managing Director (since 2017) and Assistant Secretary
|
Chicago, IL 6o6o6
|
Secretary
|
|
(since 2008) of Nuveen Securities, LLC, formerly Executive Vice President (2016-2017) and
|
|
|
|
Managing Director (2008-2016); Senior Managing Director (since 2017), and Secretary (since 2016)
|
|
|
|
of Nuveen Fund Advisors, LLC, formerly, Co-General Counsel (2011-2020), Executive Vice President
|
|
|
|
(2016-2017), Managing Director (2008-2016) and Assistant Secretary (2007-2016); Senior
|
|
|
|
Managing Director (since 2017), Secretary (since 2016) of Nuveen Asset Management, LLC,
|
|
|
|
formerly, Associate General Counsel (2011-2020), Executive Vice President (2016-2017) and
|
|
|
|
Managing Director and Assistant Secretary (2011- 2016); Vice President (since 2007) and Secretary
|
|
|
|
(since 2016), formerly, Assistant Secretary, of NWQ Investment Management Company, LLC, Santa
|
|
|
|
Barbara Asset Management, LLC and Winslow Capital Management, LLC (since 2010). Senior
|
|
|
|
Managing Director (since 2017) and Secretary (since 2016) of Nuveen Alternative Investments, LLC.
|
Name,
|
Position(s) Held
|
Year First
|
Principal
|
Year of Birth
|
with the Funds
|
Elected or
|
Occupation(s)
|
& Address
|
|
Appointed(2)
|
During Past 5 Years
|
|
|||
|
|||
|
|||
Officers of the Funds (continued)
|
|
|
|
|
|||
|
|||
■ JON SCOTT MEISSNER
|
|
|
Managing Director of Mutual Fund Tax and Financial Reporting groups at Nuveen (since 2017);
|
1973
|
Vice President
|
|
Managing Director of Nuveen Fund Advisors, LLC (since 2019); Senior Director of Teachers
|
8500 Andrew Carnegie Blvd.
|
and Assistant
|
2019
|
Advisors, LLC and TIAA-CREF Investment Management, LLC (since 2016); Senior Director
|
Charlotte, NC 28262
|
Secretary
|
|
(since 2015) Mutual Fund Taxation to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA
|
|
|
|
Separate Account VA-1 and the CREF Accounts; has held various positions with TIAA since 2004.
|
|
|||
■ DEANN D. MORGAN
|
|
|
President, Nuveen Fund Advisors, LLC (since 2020); Executive Vice President, Global Head of
|
1969
|
|
|
Product at Nuveen, LLC (since 2019); Co-Chief Executive Officer of Nuveen Securities, LLC
|
730 Third Avenue
|
Vice President
|
2020
|
since 2020); Managing Member of MDR Collaboratory LLC (since 2018); Managing Director,
|
New York, NY 10017
|
|
|
(Head of Wealth Management Product Structuring & COO Multi Asset Investing. The Blackstone
|
|
|
|
Group (2013-2017)
|
|
|||
■ CHRISTOPHER M. ROHRBACHER
|
|
Managing Director (since 2017) and Assistant Secretary of Nuveen Securities, LLC; Managing
|
|
1971
|
Vice President
|
|
Director (since 2017) General Counsel (since 2020), and Assistant Secretary (since 2016),
|
333 W. Wacker Drive
|
and Assistant
|
2008
|
formerly, Senior Vice President (2016-2017), of Nuveen Fund Advisors, LLC; Managing
|
Chicago, IL 6o6o6
|
Secretary
|
|
Director, Associate General Counsel and Assistant Secretary of Nuveen Asset Management,
|
|
|
|
LLC (since 2020); Managing Director (since 2017), and Associate General Counsel (since 2016),
|
|
|
|
formerly, Senior Vice President (2012-2017) and Assistant General Counsel (2008-2016) of
|
|
|
|
Nuveen, LLC.
|
|
|||
■ WILLIAM A. SIFFERMANN
|
|
|
Managing Director (since 2017), formerly Senior Vice President (2016-2017) and Vice President
|
1975
|
|
|
(2011-2016) of Nuveen, LLC.
|
333 W. Wacker Drive
|
Vice President
|
2017
|
|
Chicago, IL 6o6o6
|
|
|
|
|
|||
■ E. SCOTT WICKERHAM
|
|
|
Senior Managing Director, Head of Fund Administration at Nuveen, LLC (since 2019),
|
1973
|
Vice President
|
|
formerly, Managing Director; Senior Managing Director (since 2019) of Nuveen Fund Advisers,
|
8500 Andrew Carnegie Blvd.
|
and Controller
|
2019
|
(LLC; Principal Financial Officer, Principal Accounting Officer and Treasurer (since 2017) of the
|
Charlotte, NC 28262
|
|
|
TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and Principal
|
|
|
|
Financial Officer, Principal Accounting Officer (since 2020) and Treasurer (since 2017) to the CREF
|
|
|
|
Accounts; formerly, Senior Director, TIAA-CREF Fund Administration (2014-2015); has held various
|
|
|
|
positions with TIAA since 2006.
|
|
|||
■ MARK L. WINGET
|
|
|
Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2008), and Nuveen
|
1968
|
Vice President
|
|
Fund Advisors, LLC (since 2019); Vice President, Associate General Counsel and Assistant
|
333 W. Wacker Drive
|
and Secretary
|
2008
|
Secretary of Nuveen Asset Management, LLC (since 2020); Vice President (since 2010) and
|
Chicago, IL 60606
|
|
|
Associate General Counsel (since 2019), formerly, Assistant General Counsel (2008-2016) of
|
|
|
|
Nuveen, LLC.
|
Name,
|
Position(s) Held
|
Year First
|
Principal
|
Year of Birth
|
with the Funds
|
Elected or
|
Occupation(s)
|
& Address
|
|
Appointed(2)
|
During Past 5 Years
|
|
|||
|
|||
|
|||
Officers of the Funds (continued)
|
|
|
|
|
|||
|
|||
■ GIFFORD R. ZIMMERMAN
|
|
|
Formerly: Managing Director (2002-2020) and Assistant Secretary (2002-2020) of Nuveen
|
1956
|
Vice President
|
|
Securities, LLC; formerly, Managing Director (2002-2020), Assistant Secretary (1997-2020) and
|
333 W. Wacker Drive
|
and Chief
|
1988
|
Co-General Counsel (2011- 2020) of Nuveen Fund Advisors, LLC; formerly, Managing Director
|
Chicago, IL 60606
|
Compliance Officer
|
|
(2004-2020) and Assistant Secretary (1994-2020) of Nuveen Investments, Inc.; formerly,
|
|
|
|
Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset
|
|
|
|
Management, LLC (2011-2020); formerly, Vice President and Assistant Secretary of NWQ
|
|
|
|
Investment Management Company, LLC (2002-2020), Santa Barbara Asset Management, LLC
|
|
|
|
(2006-2020) and Winslow Capital Management, LLC (2010-2020); Chartered Financial Analyst.
|
|
EAN-C-0221D 1596460-INV-Y-04/22
|
Audit Fees Billed
|
Audit-Related Fees
|
Tax Fees
|
All Other Fees
|
|||||||||||||
Fiscal Year Ended
|
to Fund 1
|
Billed to Fund 2
|
Billed to Fund 3
|
Billed to Fund 4
|
||||||||||||
February 28, 2021
|
$
|
25,730
|
$
|
0
|
$
|
0
|
$
|
0
|
||||||||
Percentage approved
|
0
|
%
|
0
|
%
|
0
|
%
|
0
|
%
|
||||||||
pursuant to
|
||||||||||||||||
pre-approval
|
||||||||||||||||
exception
|
||||||||||||||||
February 29, 2020
|
$
|
25,240
|
$
|
0
|
$
|
0
|
$
|
0
|
||||||||
Percentage approved
|
0
|
%
|
0
|
%
|
0
|
%
|
0
|
%
|
||||||||
pursuant to
|
||||||||||||||||
pre-approval
|
||||||||||||||||
exception
|
||||||||||||||||
1 “Audit Fees” are the aggregate fees billed for professional services for the audit of the Fund’s annual financial statements and services provided in
|
||||||||||||||||
connection with statutory and regulatory filings or engagements.
|
||||||||||||||||
2 “Audit Related Fees” are the aggregate fees billed for assurance and related services reasonably related to the performance of the audit or review of
|
||||||||||||||||
financial statements that are not reported under “Audit Fees”. These fees include offerings related to the Fund’s common shares and leverage.
|
||||||||||||||||
3 “Tax Fees” are the aggregate fees billed for professional services for tax advice, tax compliance, and tax planning. These fees include: all global
|
||||||||||||||||
withholding tax services; excise and state tax reviews; capital gain, tax equalization and taxable basis calculation performed by the principal accountant.
|
||||||||||||||||
4 “All Other Fees” are the aggregate fees billed for products and services other than “Audit Fees”, “Audit-Related Fees” and “Tax Fees”. These fees
|
||||||||||||||||
represent all “Agreed-Upon Procedures” engagements pertaining to the Fund’s use of leverage.
|
Audit-Related Fees
|
Tax Fees Billed to
|
All Other Fees
|
|
Billed to Adviser and
|
Adviser and
|
Billed to Adviser
|
|
Affiliated Fund
|
Affiliated Fund
|
and Affiliated Fund
|
|
Fiscal Year Ended
|
Service Providers
|
Service Providers
|
Service Providers
|
February 28, 2021
|
$ 0
|
$ 0
|
$ 0
|
Percentage approved
|
0%
|
0%
|
0%
|
pursuant to
|
|||
pre-approval
|
|||
exception
|
|||
February 29, 2020
|
$ 0
|
$ 0
|
$ 0
|
Percentage approved
|
0%
|
0%
|
0%
|
pursuant to
|
|||
pre-approval
|
|||
exception
|
Total Non-Audit Fees
|
||||
billed to Adviser and
|
||||
Affiliated Fund Service
|
Total Non-Audit Fees
|
|||
Providers (engagements
|
billed to Adviser and
|
|||
related directly to the
|
Affiliated Fund Service
|
|||
Total Non-Audit Fees
|
operations and financial
|
Providers (all other
|
||
Fiscal Year Ended
|
Billed to Fund
|
reporting of the Fund)
|
engagements)
|
Total
|
February 28, 2021
|
$ 0
|
$ 0
|
$ 0
|
$ 0
|
February 29, 2020
|
$ 0
|
$ 0
|
$ 0
|
$ 0
|
“Non-Audit Fees billed to Fund” for both fiscal year ends represent “Tax Fees” and “All Other Fees” billed to Fund in their respective
|
||||
amounts from the previous table.
|
||||
Less than 50 percent of the hours expended on the principal accountant’s engagement to audit the registrant’s financial statements for the most recent
|
||||
fiscal year were attributed to work performed by persons other than the principal accountant’s full-time, permanent employees.
|
Portfolio Manager
|
Type of Account
Managed |
Number of
Accounts |
Assets*
|
Scott R. Romans
|
Registered Investment Company
|
12
|
$14.94 billion
|
|
Other Pooled Investment Vehicles
|
0
|
$0
|
|
Other Accounts
|
3
|
$3.30 million
|
* |
Assets are as of February 28, 2021. None of the assets in these accounts are subject to an advisory fee based on performance.
|
Item 8(a)(3). |
FUND MANAGER COMPENSATION
|
Name of Portfolio Manager
|
None
|
$1 - $10,000
|
$10,001-$50,000
|
$50,001-$100,000
|
$100,001-$500,000
|
$500,001-$1,000,000
|
Over $1,000,000
|
Scott R. Romans
|
X
|
(a)
|
The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures
(as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by
this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”) (17 CFR 240.13a-15(b) or 240.15d-15(b)).
|
(b)
|
There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the
period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.
|
(a)(1)
|
Any code of ethics, or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy the Item 2 requirements through filing of an
exhibit: Not applicable because the code is posted on registrant’s website at www.nuveen.com/fund-governance and there were no amendments during the period covered by this report. (To view the code, click on Code of Conduct.)
|
(a)(3)
|
Any written solicitation to purchase securities under Rule 23c-1 under the 1940 Act (17 CFR 270.23c-1) sent or given during the period covered by the report by or on behalf of the
registrant to 10 or more persons. Not applicable.
|
(a)(4)
|
Change in the registrant’s independent public accountant. Not applicable.
|
1.
|
I have reviewed this report on Form N-CSR of Nuveen New York Quality Municipal Income Fund;
|
2.
|
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
|
3.
|
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in
all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods
presented in this report;
|
4.
|
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and
procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
|
(a)
|
designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
|
(b)
|
designed such internal control over financial reporting, or caused such internal control over financial reporting to be
designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
|
(c)
|
evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our
conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and
|
(d)
|
disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during
the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
|
5.
|
The registrant’s other certifying officer and I have disclosed to the registrant’s auditors and the audit committee of the
registrant’s board of directors (or persons performing the equivalent functions):
|
(a)
|
all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting
which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and
|
(b)
|
any fraud, whether or not material, that involves management or other employees who have a significant role in the
registrant’s internal control over financial reporting.
|
1.
|
I have reviewed this report on Form N-CSR of Nuveen New York Quality Municipal Income Fund;
|
2.
|
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
|
3.
|
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in
all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods
presented in this report;
|
4.
|
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and
procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
|
(a)
|
designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
|
(b)
|
designed such internal control over financial reporting, or caused such internal control over financial reporting to be
designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
|
(c)
|
evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our
conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and
|
(d)
|
disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the
period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
|
5.
|
The registrant’s other certifying officer and I have disclosed to the registrant’s auditors and the audit committee of the
registrant’s board of directors (or persons performing the equivalent functions):
|
(a)
|
all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting
which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and
|
(b)
|
any fraud, whether or not material, that involves management or other employees who have a significant role in the
registrant’s internal control over financial reporting.
|
1.
|
The Form N-CSR of the Fund for the period ended February 28, 2021 (the “Report”) fully complies with the requirements of
Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
|
2.
|
The information contained in the Report fairly presents, in all material respects, the financial condition and results of
operations of the Fund.
|
1
|
NAM does not vote proxies where a client withholds proxy voting authority, and in certain non-discretionary and model programs NAM votes proxies in accordance with its Policies
in effect from time to time. Clients may opt to vote proxies themselves, or to have proxies voted by an independent third party or other named fiduciary or agent, at the client’s cost. i ISS has separate polices for Taft Hartley plans and it is NAM’s policy to apply the Taft Hartley polices to accounts that are Taft Hartley plans and have requested the application of such policies.
|
2
|
A conflict of interest shall not be considered material for the purposes of these Policies and Procedures with respect to a specific vote or circumstance if the matter to be voted on relates to a restructuring of the terms
of existing securities or the issuance of new securities or a similar matter arising out of the holding of securities, other than common equity, in the context of a bankruptcy or threatened bankruptcy of the issuer.
|
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