Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
LONG-TERM INVESTMENTS – 148.4% (99.8% of Total Investments) | ||||||
MUNICIPAL BONDS – 148.4% (99.8% of Total Investments) | ||||||
Consumer Discretionary – 0.3% (0.2% of Total Investments) | ||||||
Middlesex County Improvement Authority, New Jersey, Senior Revenue Bonds, Heldrich Center Hotel/Conference Center Project, Series 2005A: | ||||||
$2,305 | 5.000%, 1/01/32 | 12/20 at 100.00 | Caa3 | $1,456,276 | ||
1,485 | 5.125%, 1/01/37 | 12/20 at 100.00 | Caa3 | 856,192 | ||
3,790 | Total Consumer Discretionary | 2,312,468 | ||||
Consumer Staples – 4.9% (3.3% of Total Investments) | ||||||
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A: | ||||||
8,595 | 4.000%, 6/01/37 | 6/28 at 100.00 | A- | 9,933,241 | ||
965 | 5.000%, 6/01/46 | 6/28 at 100.00 | BBB+ | 1,147,144 | ||
11,680 | 5.250%, 6/01/46 | 6/28 at 100.00 | BBB+ | 14,096,358 | ||
6,930 | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B, 5.000%, 6/01/46 | 6/28 at 100.00 | BB+ | 7,984,954 | ||
28,170 | Total Consumer Staples | 33,161,697 | ||||
Education and Civic Organizations – 18.6% (12.5% of Total Investments) | ||||||
1,760 | Camden County Improvement Authority, New Jersey, Lease Revenue Bonds, Rowan University School of Osteopathic Medicine Project, Refunding Series 2013A, 5.000%, 12/01/32 | 12/23 at 100.00 | A | 1,942,530 | ||
1,000 | New Jersey Economic Development Authority, Charter School Revenue Bonds, Foundation Academy Charter School, Series 2018A, 5.000%, 7/01/50 | 1/28 at 100.00 | BBB- | 1,138,570 | ||
175 | New Jersey Economic Development Authority, Charter School Revenue Bonds, Teaneck Community Charter School, Series 2017A, 5.125%, 9/01/52, 144A | 9/27 at 100.00 | BB | 182,949 | ||
2,025 | New Jersey Economic Development Authority, Revenue Bonds, The Seeing Eye Inc, Refunding Series 2015, 5.000%, 3/01/25 | No Opt. Call | A | 2,379,881 | ||
New Jersey Economic Development Authority, Revenue Bonds, The Seeing Eye Inc, Refunding Series 2017: | ||||||
500 | 5.000%, 6/01/32 | 12/27 at 100.00 | A | 603,735 | ||
820 | 3.000%, 6/01/32 | 12/27 at 100.00 | A | 855,399 | ||
2,455 | New Jersey Economic Development Authority, Rutgers University General Obligation Lease Revenue Bonds, Tender Option Bond 2016-XF2357, Formerly Tender Option Bond Trust 3359, 17.903%, 6/15/46, 144A (IF) (4) | 6/23 at 100.00 | Aa3 | 3,630,822 | ||
1,100 | New Jersey Educational Facilities Authority, Revenue Bonds, Kean University, Refunding Series 2015H, 4.000%, 7/01/39 – AGM Insured | 7/25 at 100.00 | AA | 1,187,934 | ||
5,950 | New Jersey Educational Facilities Authority, Revenue Bonds, Montclair State University, Series 2014A, 5.000%, 7/01/44 | 7/24 at 100.00 | A+ | 6,566,717 |
NXJ | Nuveen New Jersey Quality Muncipal Income Fund (continued) |
Portfolio of Investments November 30, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Education and Civic Organizations (continued) | ||||||
New Jersey Educational Facilities Authority, Revenue Bonds, Montclair State University, Series 2015D: | ||||||
$2,395 | 5.000%, 7/01/31 | 7/25 at 100.00 | A+ | $2,764,022 | ||
1,600 | 5.000%, 7/01/33 | 7/25 at 100.00 | A+ | 1,835,296 | ||
1,000 | 5.000%, 7/01/34 | 7/25 at 100.00 | A+ | 1,145,390 | ||
4,335 | New Jersey Educational Facilities Authority, Revenue Bonds, Princeton University, Tender Option Bond Trust 2015-XF0099, 13.279%, 7/01/39, 144A (IF) | 7/21 at 100.00 | AAA | 4,665,154 | ||
4,000 | New Jersey Educational Facilities Authority, Revenue Bonds, Princeton University, Tender Option Bond Trust 2015-XF0149, 13.547%, 7/01/44, 144A (IF) (4) | 7/24 at 100.00 | AAA | 5,658,440 | ||
New Jersey Educational Facilities Authority, Revenue Bonds, Ramapo College, Refunding Series 2012B: | ||||||
550 | 5.000%, 7/01/37 | 7/22 at 100.00 | A | 579,139 | ||
1,050 | 5.000%, 7/01/42 | 7/22 at 100.00 | A | 1,102,605 | ||
New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series 2012A: | ||||||
1,150 | 5.000%, 7/01/32 | 7/21 at 100.00 | BB+ | 1,154,784 | ||
740 | 5.000%, 7/01/37 | 7/21 at 100.00 | BB+ | 741,946 | ||
New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series 2017F: | ||||||
330 | 3.750%, 7/01/37 | 7/27 at 100.00 | BB+ | 292,763 | ||
3,830 | 4.000%, 7/01/42 | 7/27 at 100.00 | BB+ | 3,392,576 | ||
4,205 | 5.000%, 7/01/47 | 7/27 at 100.00 | BB+ | 4,244,737 | ||
1,200 | New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Refunding Series 2015C, 5.000%, 7/01/35 | 7/25 at 100.00 | BBB+ | 1,323,912 | ||
775 | New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Refunding Series 2017D, 3.500%, 7/01/44 | 7/27 at 100.00 | BBB+ | 787,013 | ||
New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2013D: | ||||||
685 | 5.000%, 7/01/38 | 7/23 at 100.00 | BBB+ | 727,038 | ||
1,935 | 5.000%, 7/01/43 | 7/23 at 100.00 | BBB+ | 2,049,552 | ||
1,970 | New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2016C, 3.000%, 7/01/46 | 7/26 at 100.00 | BBB+ | 1,871,441 | ||
860 | New Jersey Educational Facilities Authority, Revenue Bonds, Stevens Institute of Technology Issue, Green Series 2020A, 4.000%, 7/01/50 | 7/30 at 100.00 | BBB+ | 938,140 | ||
New Jersey Educational Facilities Authority, Revenue Bonds, Stevens Institute of Technology, Series 2017A: | ||||||
1,060 | 5.000%, 7/01/37 | 7/27 at 100.00 | BBB+ | 1,239,363 | ||
2,500 | 5.000%, 7/01/42 | 7/27 at 100.00 | BBB+ | 2,893,350 | ||
3,160 | 5.000%, 7/01/47 | 7/27 at 100.00 | BBB+ | 3,612,765 | ||
1,050 | 4.000%, 7/01/47 | 7/27 at 100.00 | BBB+ | 1,120,969 | ||
975 | New Jersey Educational Facilities Authority, Revenue Bonds, The College of Saint Elizabeth, Series 2016D, 5.000%, 7/01/46 | 7/26 at 100.00 | BB | 983,463 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Education and Civic Organizations (continued) | ||||||
$4,560 | New Jersey Educational Facilities Authority, Revenue Bonds, William Paterson University, Series 2015C, 5.000%, 7/01/40 | 7/25 at 100.00 | A3 | $5,067,391 | ||
New Jersey Educational Facilities Authority, Revenue Bonds, William Paterson University, Series 2017B: | ||||||
2,000 | 5.000%, 7/01/42 – AGM Insured | 7/27 at 100.00 | AA | 2,351,940 | ||
2,420 | 5.000%, 7/01/47 – AGM Insured | 7/27 at 100.00 | AA | 2,824,019 | ||
New Jersey Higher Education Assistance Authority, Senior Student Loan Revenue Bonds, Refunding Series 2018A: | ||||||
2,500 | 3.750%, 12/01/30 (AMT) | 6/28 at 100.00 | Aaa | 2,686,525 | ||
2,560 | 4.000%, 12/01/32 (AMT) | 6/28 at 100.00 | Aaa | 2,780,621 | ||
2,000 | 4.000%, 12/01/33 (AMT) | 6/28 at 100.00 | Aaa | 2,163,360 | ||
2,135 | 4.000%, 12/01/35 (AMT) | 6/28 at 100.00 | Aaa | 2,296,214 | ||
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Senior Lien Series 2016-1A: | ||||||
5,695 | 3.500%, 12/01/32 (AMT) | 12/25 at 100.00 | Aaa | 5,887,377 | ||
1,320 | 4.000%, 12/01/39 (AMT) | 12/25 at 100.00 | Aaa | 1,381,578 | ||
1,880 | New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Senior Series 2019B, 3.250%, 12/01/39 (AMT) | 6/28 at 100.00 | Aa1 | 1,909,873 | ||
740 | New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Senior Series 2020B, 3.500%, 12/01/39 (AMT) | 12/28 at 100.00 | Aa1 | 762,082 | ||
960 | New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2010-2, 5.000%, 12/01/30 | 12/20 at 100.00 | Aaa | 960,912 | ||
660 | New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2011-1, 5.750%, 12/01/27 (AMT) | 12/21 at 100.00 | Aaa | 691,634 | ||
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2012-1A: | ||||||
1,725 | 4.250%, 12/01/25 (AMT) | 12/22 at 100.00 | Aaa | 1,813,458 | ||
565 | 4.375%, 12/01/26 (AMT) | 12/22 at 100.00 | Aaa | 593,357 | ||
500 | New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2012-1B, 5.750%, 12/01/39 (AMT) | 12/22 at 100.00 | Aaa | 535,635 | ||
570 | New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2013-1A, 3.750%, 12/01/26 (AMT) | 12/22 at 100.00 | Aaa | 589,374 | ||
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2015-1A: | ||||||
4,285 | 4.000%, 12/01/28 (AMT) | 12/24 at 100.00 | Aaa | 4,570,809 | ||
2,210 | 4.000%, 12/01/30 (AMT) | 12/24 at 100.00 | Aaa | 2,342,600 | ||
7,070 | New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Subordinate Series 2017-C, 4.250%, 12/01/47 (AMT) | 12/26 at 100.00 | Aaa | 7,542,912 | ||
4,795 | New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Subordinate Series 2019C, 3.625%, 12/01/49 (AMT) | 6/28 at 100.00 | A2 | 4,876,659 |
NXJ | Nuveen New Jersey Quality Muncipal Income Fund (continued) |
Portfolio of Investments November 30, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Education and Civic Organizations (continued) | ||||||
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Tender Option Bond Trust 2015-XF0151: | ||||||
$536 | 11.712%, 12/01/23 (AMT), 144A (IF) | 12/22 at 100.00 | AA | $608,494 | ||
480 | 11.857%, 12/01/24 (AMT), 144A (IF) | 12/22 at 100.00 | AA | 543,998 | ||
325 | 12.217%, 12/01/25 (AMT), 144A (IF) | 12/22 at 100.00 | AA | 370,214 | ||
100 | 12.130%, 12/01/26 (AMT), 144A (IF) | 12/22 at 100.00 | AA | 112,917 | ||
1,385 | 13.687%, 12/01/27 (AMT), 144A (IF) | 12/22 at 100.00 | AA | 1,699,797 | ||
2,300 | New Jersey Institute of Technology, New Jersey, General Obligation Bonds, Series 2015A, 5.000%, 7/01/45 | 7/25 at 100.00 | A1 | 2,628,647 | ||
2,170 | Rutgers State University, New Jersey, Revenue Bonds, Tender Option Bond 2016-XF2356, Formerly Tender Option Bond Trust 3339, 18.063%, 5/01/43, 144A (IF) (4) | 5/23 at 100.00 | Aa3 | 3,171,672 | ||
115,586 | Total Education and Civic Organizations | 127,376,464 | ||||
Financials – 0.5% (0.4% of Total Investments) | ||||||
New Jersey Economic Development Authority, Revenue Refunding Bonds, Kapkowski Road Landfill Project, Series 2002: | ||||||
2,000 | 5.750%, 10/01/21 | No Opt. Call | Ba2 | 2,026,580 | ||
1,500 | 6.500%, 4/01/28 | No Opt. Call | Ba2 | 1,643,745 | ||
3,500 | Total Financials | 3,670,325 | ||||
Health Care – 20.7% (13.9% of Total Investments) | ||||||
Camden County Improvement Authority, New Jersey, Health Care Redevelopment Revenue Bonds, Cooper Health System Obligated Group Issue, Refunding Series 2014A: | ||||||
175 | 5.000%, 2/15/25 | 2/24 at 100.00 | BBB+ | 196,156 | ||
220 | 5.000%, 2/15/26 | 2/24 at 100.00 | BBB+ | 246,303 | ||
1,320 | 5.000%, 2/15/27 | 2/24 at 100.00 | BBB+ | 1,472,724 | ||
1,385 | 5.000%, 2/15/28 | 2/24 at 100.00 | BBB+ | 1,540,009 | ||
1,385 | 5.000%, 2/15/29 | 2/24 at 100.00 | BBB+ | 1,535,148 | ||
2,500 | 5.000%, 2/15/32 | 2/24 at 100.00 | BBB+ | 2,751,725 | ||
3,040 | 5.000%, 2/15/33 | 2/24 at 100.00 | BBB+ | 3,338,072 | ||
1,000 | 5.000%, 2/15/34 | 2/24 at 100.00 | BBB+ | 1,096,510 | ||
1,950 | 5.000%, 2/15/35 | 2/24 at 100.00 | BBB+ | 2,136,479 | ||
6,100 | Camden County Improvement Authority, New Jersey, Health Care Redevelopment Revenue Bonds, Cooper Health System Obligated Group Issue, Series 2013A, 5.750%, 2/15/42 | 2/23 at 100.00 | BBB+ | 6,566,101 | ||
225 | New Jersey Health Care Facilities Finance Authority, Revenue Bonds, AHS Hospital Corporation, Series 2008A, 5.000%, 7/01/27 | 12/20 at 100.00 | AA- | 225,734 | ||
New Jersey Health Care Facilities Financing Authority, New Jersey, Revenue Bonds, Saint Peters University Hospital, Refunding Series 2011: | ||||||
2,000 | 6.000%, 7/01/26 | 7/21 at 100.00 | BB+ | 2,046,760 | ||
3,425 | 6.250%, 7/01/35 | 7/21 at 100.00 | BB+ | 3,506,241 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Health Care (continued) | ||||||
$3,550 | New Jersey Health Care Facilities Financing Authority, New Jersey, Revenue Bonds, Saint Peters University Hospital, Series 2007, 5.750%, 7/01/37 | 12/20 at 100.00 | BB+ | $3,561,680 | ||
1,145 | New Jersey Health Care Facilities Financing Authority, Revenue and Refunding Bonds, Barnabas Health, Series 2012A, 5.000%, 7/01/24 | 7/22 at 100.00 | AA- | 1,226,616 | ||
2,525 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, AHS Hospital Corporation, Refunding Series 2016, 4.000%, 7/01/41 | 1/27 at 100.00 | AA- | 2,834,237 | ||
11,000 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Barnabas Health, Refunding Series 2014A, 5.000%, 7/01/44 | 7/24 at 100.00 | AA- | 12,253,120 | ||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hackensack Meridian Health Obligated Group, Refunding Series 2017A: | ||||||
700 | 5.000%, 7/01/28 | 7/27 at 100.00 | AA- | 875,245 | ||
4,140 | 5.000%, 7/01/57 | 7/27 at 100.00 | AA- | 4,864,831 | ||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hunterdon Medical Center, Refunding Series 2014A: | ||||||
2,055 | 5.000%, 7/01/45 | 7/24 at 100.00 | A+ | 2,278,954 | ||
1,310 | 4.000%, 7/01/45 | 7/24 at 100.00 | A+ | 1,377,779 | ||
12,010 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Series 2017A, 5.000%, 7/01/42 (UB) (4) | 7/27 at 100.00 | AA- | 14,433,858 | ||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Meridian Health System Obligated Group, Refunding Series 2011: | ||||||
3,000 | 5.000%, 7/01/25 | 7/22 at 100.00 | AA- | 3,218,610 | ||
3,000 | 5.000%, 7/01/26 | 7/22 at 100.00 | AA- | 3,213,390 | ||
2,500 | 5.000%, 7/01/27 | 7/22 at 100.00 | AA- | 2,671,850 | ||
1,450 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Meridian Health System Obligated Group, Refunding Series 2013A, 5.000%, 7/01/32 | 7/23 at 100.00 | AA- | 1,588,214 | ||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Princeton HealthCare System, Series 2016A: | ||||||
830 | 5.000%, 7/01/32 | 7/26 at 100.00 | AA | 999,992 | ||
1,055 | 5.000%, 7/01/33 | 7/26 at 100.00 | AA | 1,266,791 | ||
1,370 | 5.000%, 7/01/34 | 7/26 at 100.00 | AA | 1,642,164 | ||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Robert Wood Johnson University Hospital Issue, Series 2014A: | ||||||
4,235 | 5.000%, 7/01/39 | 7/24 at 100.00 | AA- | 4,745,487 | ||
5,955 | 5.000%, 7/01/43 | 7/24 at 100.00 | AA- | 6,640,956 | ||
3,945 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Robert Wood Johnson University Hospital, Series 2013A, 5.500%, 7/01/43 | 7/23 at 100.00 | AA- | 4,335,318 | ||
780 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, RWJ Barnabas Health Obligated Group, Refunding Series 2016A, 5.000%, 7/01/43 | 7/26 at 100.00 | AA- | 915,486 |
NXJ | Nuveen New Jersey Quality Muncipal Income Fund (continued) |
Portfolio of Investments November 30, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Health Care (continued) | ||||||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016: | ||||||
$1,600 | 3.000%, 7/01/32 | 7/26 at 100.00 | BBB- | $1,645,184 | ||
1,135 | 4.000%, 7/01/34 | 7/26 at 100.00 | BBB- | 1,233,143 | ||
1,600 | 5.000%, 7/01/35 | 7/26 at 100.00 | BBB- | 1,831,856 | ||
2,700 | 5.000%, 7/01/36 | 7/26 at 100.00 | BBB- | 3,084,156 | ||
3,095 | 5.000%, 7/01/41 | 7/26 at 100.00 | BBB- | 3,504,221 | ||
5,600 | 4.000%, 7/01/48 | 7/26 at 100.00 | BBB- | 5,917,576 | ||
2,345 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Luke's Warren Hospital Obligated Group, Series 2013, 4.000%, 8/15/37 | 8/23 at 100.00 | A- | 2,459,131 | ||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A: | ||||||
5,055 | 4.125%, 7/01/38 – AGM Insured | 7/25 at 100.00 | AA | 5,484,675 | ||
3,910 | 5.000%, 7/01/46 – AGM Insured | 7/25 at 100.00 | AA | 4,378,223 | ||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Valley Health System Obligated Group, Series 2019: | ||||||
2,055 | 4.000%, 7/01/44 | 7/29 at 100.00 | A+ | 2,346,872 | ||
7,990 | 3.000%, 7/01/49 | 7/29 at 100.00 | A+ | 8,291,143 | ||
128,365 | Total Health Care | 141,778,720 | ||||
Housing/Multifamily – 3.2% (2.1% of Total Investments) | ||||||
1,845 | New Jersey Economic Development Authority, Revenue Bonds, Provident Group - Kean Properties LLC - Kean University Student Housing Project, Series 2017A, 5.000%, 7/01/47 | 1/27 at 100.00 | B | 1,719,282 | ||
1,900 | New Jersey Economic Development Authority, Revenue Bonds, Provident Group - Rowan Properties LLC - Rowan University Student Housing Project, Series 2015A, 5.000%, 1/01/48 | 1/25 at 100.00 | Ba3 | 1,784,708 | ||
6,075 | New Jersey Economic Development Authority, Revenue Bonds, West Campus Housing LLC - New Jersey City University Student Housing Project, Series 2015, 5.000%, 7/01/47 | 7/25 at 100.00 | BB- | 5,613,178 | ||
New Jersey Housing and Mortgage Finance Agency, Multifamily Housing Revenue Bonds, Series 2013-2: | ||||||
2,165 | 4.350%, 11/01/33 (AMT) | 11/22 at 100.00 | AA | 2,262,490 | ||
1,235 | 4.600%, 11/01/38 (AMT) | 11/22 at 100.00 | AA | 1,290,242 | ||
1,235 | 4.750%, 11/01/46 (AMT) | 11/22 at 100.00 | AA | 1,287,648 | ||
4,320 | New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2015A, 4.000%, 11/01/45 | 11/24 at 100.00 | AA- | 4,584,859 | ||
New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2017D: | ||||||
1,125 | 3.900%, 11/01/32 (AMT) | 5/26 at 100.00 | AA- | 1,242,405 | ||
1,750 | 4.250%, 11/01/37 (AMT) | 5/26 at 100.00 | AA- | 1,934,607 | ||
21,650 | Total Housing/Multifamily | 21,719,419 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Housing/Single Family – 9.0% (6.1% of Total Investments) | ||||||
New Jersey Housing & Mortgage Finance Agency, Single Family Home Mortgage Revenue Bonds, Series 2011A: | ||||||
$7,130 | 4.450%, 10/01/25 | 4/21 at 100.00 | Aa2 | $7,228,893 | ||
5,445 | 4.650%, 10/01/29 | 4/21 at 100.00 | Aa2 | 5,524,116 | ||
New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018A: | ||||||
6,360 | 3.600%, 4/01/33 | 10/27 at 100.00 | AA | 7,075,564 | ||
3,950 | 3.750%, 10/01/35 | 10/27 at 100.00 | AA | 4,433,322 | ||
3,405 | New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018B, 3.800%, 10/01/32 (AMT) | 10/27 at 100.00 | AA | 3,781,321 | ||
New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2019C: | ||||||
5,260 | 3.500%, 10/01/34 (UB) (4) | 4/28 at 100.00 | AA | 5,854,853 | ||
5,255 | 3.850%, 10/01/39 (UB) (4) | 4/28 at 100.00 | AA | 5,826,219 | ||
3,590 | 3.950%, 10/01/44 (UB) (4) | 4/28 at 100.00 | AA | 3,957,831 | ||
New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2020E: | ||||||
6,000 | 2.050%, 10/01/35 | 4/29 at 100.00 | AA | 6,075,660 | ||
7,790 | 2.250%, 10/01/40 | 4/29 at 100.00 | AA | 7,886,206 | ||
4,000 | 2.400%, 10/01/45 | 4/29 at 100.00 | AA | 4,039,760 | ||
58,185 | Total Housing/Single Family | 61,683,745 | ||||
Long-Term Care – 1.7% (1.2% of Total Investments) | ||||||
1,110 | New Jersey Economic Development Authority, Fixed Rate Revenue Bonds, Lions Gate Project, Series 2014, 5.250%, 1/01/44 | 1/24 at 100.00 | N/R | 1,088,133 | ||
5,000 | New Jersey Economic Development Authority, Revenue Bonds, United Methodist Homes of New Jersey Obligated Group Issue, Refunding Series 2013, 5.000%, 7/01/34 | 7/23 at 100.00 | BBB- | 5,193,400 | ||
1,410 | New Jersey Economic Development Authority, Revenue Bonds, United Methodist Homes of New Jersey Obligated Group Issue, Refunding Series 2014A, 5.000%, 7/01/29 | 7/24 at 100.00 | BBB- | 1,507,008 | ||
2,755 | New Jersey Economic Development Authority, Revenue Bonds, White Horse HMT Urban Renewal LLC Project, Series 2020, 5.000%, 1/01/40, 144A | 1/28 at 102.00 | N/R | 2,680,946 | ||
1,450 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Village Drive Healthcare Urban Renewal LLC, Series 2018, 5.750%, 10/01/38, 144A | 10/26 at 102.00 | N/R | 1,341,786 | ||
11,725 | Total Long-Term Care | 11,811,273 | ||||
Tax Obligation/General – 9.7% (6.5% of Total Investments) | ||||||
2,000 | Berkeley Heights Township, Union County, New Jersey, General Obligation Bonds, Bond Anticipation Note Series 2020, 0.500%, 3/09/21 | 1/21 at 100.00 | N/R | 2,000,380 | ||
440 | Cumberland County Improvement Authority, New Jersey, County General Obligation Revenue Bonds, Technical High School Project, Series 2018, 3.125%, 1/15/32 – BAM Insured | 1/28 at 100.00 | AA | 494,591 | ||
2,920 | Cumberland County Improvement Authority, New Jersey, Guaranteed Lease Revenue Bonds, County Correctional Facility Project, Series 2018, 4.000%, 10/01/43 – BAM Insured | 10/28 at 100.00 | AA | 3,406,005 |
NXJ | Nuveen New Jersey Quality Muncipal Income Fund (continued) |
Portfolio of Investments November 30, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tax Obligation/General (continued) | ||||||
$4,150 | Essex County Improvement Authority, New Jersey, Project Consolidation Revenue Bonds, Refunding Series 2007, 5.250%, 12/15/22 – AMBAC Insured | No Opt. Call | Aaa | $4,579,234 | ||
680 | Hamilton Township, Mercer County Board of Education, New Jersey, General Obligation Bonds, Series 2017, 3.250%, 12/15/38 | 12/27 at 100.00 | AA | 741,894 | ||
Harrison, New Jersey, General Obligation Bonds, Parking Utility Series 2018: | ||||||
1,340 | 3.125%, 3/01/31 – BAM Insured | 3/28 at 100.00 | AA | 1,489,638 | ||
1,110 | 3.250%, 3/01/32 – BAM Insured | 3/28 at 100.00 | AA | 1,235,963 | ||
1,255 | 3.500%, 3/01/36 – BAM Insured | 3/28 at 100.00 | AA | 1,397,970 | ||
Hudson County Improvement Authority, New Jersey, County Guaranteed Governmental Loan Revenue Bonds, Guttenberg General Obligation Bond Project, Series 2018: | ||||||
375 | 3.250%, 8/01/34 | 8/25 at 100.00 | AA | 402,874 | ||
1,040 | 5.000%, 8/01/42 | 8/25 at 100.00 | AA | 1,224,766 | ||
Jersey City, New Jersey, General Obligation Bonds, Refunding General Improvement Series 2017A: | ||||||
1,000 | 5.000%, 11/01/29 | 11/27 at 100.00 | AA- | 1,264,020 | ||
515 | 5.000%, 11/01/31 | 11/27 at 100.00 | AA- | 645,692 | ||
440 | 5.000%, 11/01/33 | 11/27 at 100.00 | AA- | 546,951 | ||
1,100 | Linden, New Jersey, General Obligation Bonds, Refunding Series 2011, 4.000%, 5/01/23 | 5/21 at 100.00 | AA- | 1,116,500 | ||
2,000 | Mercer County, New Jersey, General Obligation Bonds, General Capital Improvement Open Space Farmland NotesSeries 2020A, 2.000%, 6/10/21 | No Opt. Call | N/R | 2,018,880 | ||
3,825 | Monmouth County Improvement Authority, New Jersey, Governmental Pooled Loan Revenue Bonds, Series 2020A, 2.000%, 7/12/21 | No Opt. Call | N/R | 3,867,228 | ||
760 | Montclair Township, Essex County, New Jersey, General Obligation Bonds, Refunding Parking Utility Series 2014A, 5.000%, 1/01/37 | 1/24 at 100.00 | AAA | 864,036 | ||
New Brunswick Parking Authority, Middlesex County, New Jersey, Guaranteed Parking Revenue Bonds, Refunding Series 2012: | ||||||
465 | 5.000%, 9/01/28 | 9/22 at 100.00 | A+ | 495,058 | ||
610 | 5.000%, 9/01/29 | 9/22 at 100.00 | A+ | 648,558 | ||
300 | 5.000%, 9/01/31 | 9/22 at 100.00 | A+ | 318,048 | ||
250 | 3.625%, 9/01/34 | 9/22 at 100.00 | A+ | 257,190 | ||
2,190 | New Brunswick, New Jersey, General Obligation Bonds, Cultural Center Project, Series 2017, 4.000%, 9/15/44 – AGM Insured | 9/27 at 100.00 | AA | 2,492,767 | ||
New Jersey State, General Obligation Bonds, Covid-19 Emergency Series 2020A: | ||||||
1,000 | 3.000%, 6/01/32 | No Opt. Call | A3 | 1,117,750 | ||
3,045 | 4.000%, 6/01/32 | No Opt. Call | A3 | 3,735,149 | ||
3,040 | New Jersey State, General Obligation Bonds, Various Purpose Series 2020, 2.250%, 6/01/35 | 12/27 at 100.00 | A3 | 3,041,915 | ||
2,000 | Somerset County, New Jersey, General Obligation Bonds, Bond Anticpation Notes Series 2020, 4.000%, 9/09/21 | No Opt. Call | N/R | 2,058,920 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tax Obligation/General (continued) | ||||||
South Orange Village Township, New Jersey, General Obligation Bonds, Refunding Series 2020: | ||||||
$500 | 4.000%, 1/15/23 | No Opt. Call | AA- | $538,580 | ||
400 | 4.000%, 1/15/25 | No Opt. Call | AA- | 458,904 | ||
500 | 4.000%, 1/15/26 | No Opt. Call | AA- | 589,060 | ||
3,975 | Union County Improvement Authority, New Jersey, General Obligation Lease Revenue Bonds, Series 2019-XG0221, 17.710%, 3/01/34, 144A (IF) (4) | No Opt. Call | AA+ | 9,239,132 | ||
5,165 | Union County Utilities Authority, New Jersey, Resource Recovery Facility Lease Revenue Bonds, Covantan Union Inc Lessee, Refunding Series 2011B, 5.250%, 12/01/31 (AMT) | 12/21 at 100.00 | AA+ | 5,393,913 | ||
2,515 | Union County Utilities Authority, New Jersey, Solid Waste System County Deficiency Revenue Bonds, Series 2011A, 5.000%, 6/15/41 | 6/21 at 100.00 | Aaa | 2,573,172 | ||
2,000 | Union County, New Jersey, General Obligation Bonds, Bond Anticipation Notes Series 2020, 4.000%, 6/18/21 | No Opt. Call | N/R | 2,041,660 | ||
2,170 | Union County, New Jersey, General Obligation Bonds, Refunding Series 2017, 3.000%, 3/01/27 | 9/25 at 100.00 | Aaa | 2,418,335 | ||
1,515 | Washington Township Board of Education, Mercer County, New Jersey, General Obligation Bonds, Series 2005, 5.250%, 1/01/27 – AGM Insured | No Opt. Call | Aa3 | 1,926,216 | ||
56,590 | Total Tax Obligation/General | 66,640,949 | ||||
Tax Obligation/Limited – 35.9% (24.2% of Total Investments) | ||||||
3,775 | Bergen County Improvement Authority, New Jersey, Guaranteed Lease Revenue Bonds, County Administration Complex Project, Series 2005, 5.000%, 11/15/26 | No Opt. Call | Aaa | 4,808,142 | ||
1,000 | Bergen County Improvement Authority, New Jersey, Lease Revenue Bonds, Boro Ridgefield Project, County Guaranteed Series 2020, 4.000%, 10/15/42 | 10/30 at 100.00 | Aaa | 1,212,080 | ||
3,000 | Garden State Preservation Trust, New Jersey, Open Space and Farmland Preservation Bonds, Series 2003B, 0.000%, 11/01/25 – AGM Insured | No Opt. Call | AA | 2,835,930 | ||
2,230 | Garden State Preservation Trust, New Jersey, Open Space and Farmland Preservation Bonds, Series 2005A, 5.750%, 11/01/28 – AGM Insured | No Opt. Call | AA | 2,810,090 | ||
Government of Guam, Business Privilege Tax Bonds, Series 2011A: | ||||||
5,005 | 5.250%, 1/01/36 | 1/22 at 100.00 | BB | 5,182,477 | ||
3,020 | 5.125%, 1/01/42 | 1/22 at 100.00 | BB | 3,115,976 | ||
500 | Government of Guam, Business Privilege Tax Bonds, Series 2012B-1, 5.000%, 1/01/29 | 1/22 at 100.00 | BB | 516,955 | ||
2,000 | Hudson County Improvement Authority, New Jersey, County Secured Lease Revenue Bonds, Hudson County Courthouse Project, Refunding Series 2020, 4.000%, 10/01/51 | 10/30 at 100.00 | AA | 2,364,680 | ||
Hudson County Improvement Authority, New Jersey, County Secured Lease Revenue Bonds, Hudson County Vocational Technical Schools Project, Series 2016: | ||||||
10,310 | 5.000%, 5/01/46 | 5/26 at 100.00 | AA | 12,233,846 | ||
3,700 | 5.250%, 5/01/51 | 5/26 at 100.00 | AA | 4,425,681 |
NXJ | Nuveen New Jersey Quality Muncipal Income Fund (continued) |
Portfolio of Investments November 30, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tax Obligation/Limited (continued) | ||||||
New Jersey Economic Development Authority, Cigarette Tax Revenue Refunding Bonds, Series 2012: | ||||||
$310 | 5.000%, 6/15/21 | No Opt. Call | BBB | $313,534 | ||
6,400 | 5.000%, 6/15/25 | 6/22 at 100.00 | BBB | 6,581,888 | ||
3,480 | 5.000%, 6/15/26 | 6/22 at 100.00 | BBB | 3,573,542 | ||
7,945 | 5.000%, 6/15/28 | 6/22 at 100.00 | BBB | 8,123,047 | ||
415 | 5.000%, 6/15/29 | 6/22 at 100.00 | BBB | 423,329 | ||
5,495 | New Jersey Economic Development Authority, Lease Revenue Bonds, State House Project, Series 2017B, 4.500%, 6/15/40 | 12/28 at 100.00 | Baa1 | 6,137,146 | ||
5,495 | New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Refunding Series 2017A, 3.375%, 7/01/30 | 7/27 at 100.00 | BBB | 5,553,302 | ||
6,000 | New Jersey Economic Development Authority, Revenue Bonds, New Jersey Transit Corporation Projects Sublease, Refunding Series 2017B, 5.000%, 11/01/25 | No Opt. Call | Baa1 | 7,006,620 | ||
6,385 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2014UU, 5.000%, 6/15/27 | 6/24 at 100.00 | Baa1 | 7,138,941 | ||
11,345 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2015WW, 5.250%, 6/15/40 | 6/25 at 100.00 | Baa1 | 12,700,160 | ||
5,000 | New Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Refunding Series 2014PP, 5.000%, 6/15/26 | 6/24 at 100.00 | Baa1 | 5,615,900 | ||
New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Revenue Notes, Series 2016A-1: | ||||||
1,130 | 5.000%, 6/15/29 | 6/26 at 100.00 | A+ | 1,313,015 | ||
655 | 5.000%, 6/15/30 | 6/26 at 100.00 | A+ | 757,979 | ||
32,965 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital Appreciation Series 2010A, 0.000%, 12/15/30 | No Opt. Call | Baa1 | 25,263,386 | ||
8,100 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series 2006A, 5.500%, 12/15/22 | No Opt. Call | Baa1 | 8,894,124 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series 2006C: | ||||||
37,565 | 0.000%, 12/15/32 – AGM Insured | No Opt. Call | AA | 28,855,179 | ||
39,090 | 0.000%, 12/15/33 – AGM Insured | No Opt. Call | AA | 29,140,031 | ||
5,160 | 0.000%, 12/15/34 – AGM Insured | No Opt. Call | AA | 3,743,786 | ||
7,000 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2010D, 5.000%, 12/15/24 | No Opt. Call | Baa1 | 8,018,990 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2011B: | ||||||
460 | 5.500%, 6/15/31 | 6/21 at 100.00 | Baa1 | 471,160 | ||
4,650 | 5.250%, 6/15/36 | 6/21 at 100.00 | Baa1 | 4,752,579 | ||
1,005 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2012A, 5.000%, 6/15/42 | 6/22 at 100.00 | Baa1 | 1,052,275 | ||
45 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2013AA, 5.000%, 6/15/36 | 6/23 at 100.00 | Baa1 | 48,079 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tax Obligation/Limited (continued) | ||||||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2018A: | ||||||
$1,150 | 5.000%, 12/15/35 | 12/28 at 100.00 | Baa1 | $1,361,175 | ||
440 | 5.000%, 12/15/36 | 12/28 at 100.00 | Baa1 | 518,100 | ||
4,950 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019A, 4.000%, 12/15/39 | 12/29 at 100.00 | Baa1 | 5,403,173 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB: | ||||||
4,490 | 3.500%, 6/15/46 | 12/28 at 100.00 | Baa1 | 4,491,347 | ||
2,900 | 4.000%, 6/15/50 | 12/28 at 100.00 | Baa1 | 3,085,687 | ||
3,860 | Passaic County Improvement Authority, New Jersey, Lease Revenue Bonds, Preakness Healthcare Center Expansion Project, Refunding Series 2015, 3.750%, 5/01/36 | 5/25 at 100.00 | AA | 4,175,787 | ||
4,005 | Passaic County Improvement Authority, New Jersey, Lease Revenue Bonds, Preakness Healthcare Center Expansion Project, Series 2012, 3.500%, 5/01/35 | 5/22 at 100.00 | Aa1 | 4,104,324 | ||
Union County Improvement Authority, New Jersey, General Obligation Lease Bonds, Juvenile Detention Center Facility Project, Tender Option Bond Trust 2015-XF1019: | ||||||
285 | 24.730%, 5/01/28, 144A (IF) (4) | No Opt. Call | N/R | 782,117 | ||
285 | 24.815%, 5/01/29, 144A (IF) (4) | No Opt. Call | N/R | 834,471 | ||
200 | 24.815%, 5/01/30, 144A (IF) (4) | No Opt. Call | N/R | 618,850 | ||
370 | 24.553%, 5/01/31, 144A (IF) (4) | No Opt. Call | N/R | 1,199,459 | ||
385 | 24.689%, 5/01/32, 144A (IF) (4) | No Opt. Call | N/R | 1,312,180 | ||
400 | 24.694%, 5/01/33, 144A (IF) (4) | No Opt. Call | N/R | 1,421,076 | ||
415 | 24.815%, 5/01/34, 144A (IF) (4) | No Opt. Call | N/R | 1,545,912 | ||
254,770 | Total Tax Obligation/Limited | 245,837,507 | ||||
Transportation – 27.4% (18.4% of Total Investments) | ||||||
2,400 | Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2012A, 5.000%, 1/01/42 | 1/23 at 100.00 | A1 | 2,562,120 | ||
Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2014A: | ||||||
1,285 | 5.000%, 1/01/34 | 1/24 at 100.00 | A1 | 1,419,681 | ||
5,890 | 4.125%, 1/01/39 | 1/24 at 100.00 | A1 | 6,304,950 | ||
7,800 | 5.000%, 1/01/44 | 1/24 at 100.00 | A1 | 8,555,664 | ||
2,580 | Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2019, 4.000%, 1/01/44 | 1/29 at 100.00 | A1 | 2,947,340 | ||
Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Refunding Series 2015: | ||||||
1,000 | 4.000%, 7/01/34 – BAM Insured | 7/25 at 100.00 | AA | 1,108,950 | ||
2,820 | 4.000%, 7/01/35 – BAM Insured | 7/25 at 100.00 | AA | 3,121,176 | ||
Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Refunding Series 2019B: | ||||||
2,005 | 5.000%, 7/01/28 | No Opt. Call | A1 | 2,631,402 | ||
1,520 | 5.000%, 7/01/29 | No Opt. Call | A1 | 2,038,259 |
NXJ | Nuveen New Jersey Quality Muncipal Income Fund (continued) |
Portfolio of Investments November 30, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Transportation (continued) | ||||||
Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Series 2017: | ||||||
$2,820 | 5.000%, 7/01/42 | 7/27 at 100.00 | A1 | $3,451,962 | ||
10,210 | 5.000%, 7/01/47 | 7/27 at 100.00 | A1 | 12,401,576 | ||
Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Series 2019A: | ||||||
1,050 | 5.000%, 7/01/28 | No Opt. Call | A1 | 1,378,041 | ||
1,350 | 5.000%, 7/01/29 | No Opt. Call | A1 | 1,810,296 | ||
950 | 5.000%, 7/01/30 | 7/29 at 100.00 | A1 | 1,266,360 | ||
7,035 | Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2013, 5.000%, 1/01/40 | 1/24 at 100.00 | A+ | 7,826,297 | ||
2,325 | Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2018A, 5.000%, 1/01/37 | 1/29 at 100.00 | A+ | 2,905,297 | ||
Delaware River Port Authority, Pennsylvania and New Jersey, Revenue Refunding Bonds, Port District Project, Series 2012: | ||||||
1,800 | 5.000%, 1/01/24 | 1/23 at 100.00 | A | 1,927,980 | ||
1,635 | 5.000%, 1/01/25 | 1/23 at 100.00 | A | 1,747,864 | ||
1,875 | 5.000%, 1/01/26 | 1/23 at 100.00 | A | 2,000,963 | ||
3,525 | 5.000%, 1/01/27 | 1/23 at 100.00 | A | 3,750,953 | ||
5,555 | New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge Replacement Project, Series 2013, 5.625%, 1/01/52 (AMT) | 1/24 at 100.00 | BBB+ | 6,143,052 | ||
New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 1999: | ||||||
775 | 5.125%, 9/15/23 (AMT) | 8/22 at 101.00 | Ba3 | 812,347 | ||
1,800 | 5.250%, 9/15/29 (AMT) | 8/22 at 101.00 | Ba3 | 1,888,200 | ||
2,250 | New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 2000A & 2000B, 5.625%, 11/15/30 (AMT) | 3/24 at 101.00 | Ba3 | 2,388,578 | ||
New Jersey Economic Development Authority, Special Facility Revenue Bonds, Port Newark Container Terminal LLC Project, Refunding Series 2017: | ||||||
5,660 | 5.000%, 10/01/37 (AMT) | 10/27 at 100.00 | Ba1 | 6,287,751 | ||
7,440 | 5.000%, 10/01/47 (AMT) | 10/27 at 100.00 | Ba1 | 8,117,189 | ||
5,750 | New Jersey Transit Corporation, Grant Anticipation Notes, Federal Transit Administration Section 5307 Urbanized Area Formula Funds, Series 2014A, 5.000%, 9/15/21 | No Opt. Call | A | 5,945,730 | ||
6,570 | New Jersey Turnpike Authority, Revenue Bonds, Refunding Series 2015E, 5.000%, 1/01/45 | 1/25 at 100.00 | A+ | 7,473,441 | ||
3,065 | New Jersey Turnpike Authority, Revenue Bonds, Series 2005A, 5.250%, 1/01/29 – AGM Insured | No Opt. Call | AA | 4,086,411 | ||
7,620 | New Jersey Turnpike Authority, Revenue Bonds, Series 2012B, 5.000%, 1/01/28 | 1/23 at 100.00 | A+ | 8,295,284 | ||
3,625 | New Jersey Turnpike Authority, Revenue Bonds, Tender Option Bond Trust 2016-XF1057, 17.257%, 1/01/43, 144A (IF) (4) | 7/22 at 100.00 | AA+ | 4,609,260 | ||
2,750 | Passaic County Improvement Authority, New Jersey, Revenue Bonds, Paterson Parking Deck Facility, Series 2005, 5.000%, 4/15/35 – AGM Insured | 12/20 at 100.00 | A2 | 2,760,230 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Transportation (continued) | ||||||
$7,235 | Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Seventy Ninth Series 2013, 5.000%, 12/01/43 | 12/23 at 100.00 | Aa3 | $8,002,633 | ||
5,000 | Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Seventy Seventh Series 2013, 4.000%, 1/15/43 (AMT) | 1/23 at 100.00 | Aa3 | 5,248,050 | ||
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Eighteen Series 2019: | ||||||
8,000 | 4.000%, 11/01/41 (AMT) (UB) (4) | 11/29 at 100.00 | AA- | 9,204,800 | ||
4,000 | 4.000%, 11/01/47 (AMT) (UB) (4) | 11/29 at 100.00 | AA- | 4,544,880 | ||
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Fourteen Series 2019: | ||||||
4,500 | 4.000%, 9/01/38 (AMT) (UB) (4) | 9/29 at 100.00 | AA- | 5,209,560 | ||
2,500 | 4.000%, 9/01/39 (AMT) (UB) (4) | 9/29 at 100.00 | AA- | 2,888,125 | ||
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air Terminal LLC, Sixth Series 1997: | ||||||
8,525 | 5.750%, 12/01/22 – NPFG Insured (AMT) | 12/20 at 100.00 | Baa1 | 8,580,327 | ||
12,130 | 5.750%, 12/01/25 – NPFG Insured (AMT) | 12/20 at 100.00 | Baa1 | 12,208,724 | ||
1,040 | South Jersey Transportation Authority, New Jersey, Transportation System Revenue Bonds, Series 2020A, 5.000%, 11/01/45 | 11/30 at 100.00 | BBB+ | 1,280,302 | ||
167,665 | Total Transportation | 187,132,005 | ||||
U.S. Guaranteed – 9.3% (6.2% of Total Investments) (5) | ||||||
2,225 | Cumberland County Improvement Authority, New Jersey, County General Obligation Revenue Bonds, Technical High School Project, Series 2014, 5.000%, 9/01/39 (Pre-refunded 9/01/24) – AGM Insured | 9/24 at 100.00 | AA | 2,619,848 | ||
Delaware River Joint Toll Bridge Commission, Pennsylvania, Bridge System Revenue Bonds, Refunding Series 2012A: | ||||||
2,150 | 5.000%, 7/01/24 (Pre-refunded 7/01/22) | 7/22 at 100.00 | A1 | 2,311,702 | ||
650 | 4.000%, 7/01/26 (Pre-refunded 7/01/22) | 7/22 at 100.00 | A1 | 688,636 | ||
625 | 4.000%, 7/01/27 (Pre-refunded 7/01/22) | 7/22 at 100.00 | A1 | 662,150 | ||
25 | Essex County Improvement Authority, New Jersey, Project Consolidation Revenue Bonds, Refunding Series 2007, 5.250%, 12/15/22 – AMBAC Insured (ETM) | No Opt. Call | Aaa | 27,564 | ||
655 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2015WW, 5.250%, 6/15/40 (Pre-refunded 6/15/25) | 6/25 at 100.00 | N/R | 801,962 | ||
New Jersey Education Facilities Authority Revenue Bonds, The College of New Jersey Issue, Series 2013A: | ||||||
2,475 | 5.000%, 7/01/38 (Pre-refunded 7/01/23) | 7/23 at 100.00 | A | 2,773,114 | ||
3,250 | 5.000%, 7/01/43 (Pre-refunded 7/01/23) | 7/23 at 100.00 | A | 3,641,462 | ||
70 | New Jersey Environmental Infrastructure Trust, Environmental Infrastructure Bonds, Refunding Series 2012A-R, 4.000%, 9/01/21 (ETM) | No Opt. Call | N/R | 71,980 | ||
30 | New Jersey Environmental Infrastructure Trust, Environmental Infrastructure Bonds, Series 2012A, 3.250%, 9/01/31 (Pre-refunded 9/01/21) | 9/21 at 100.00 | N/R | 30,665 |
NXJ | Nuveen New Jersey Quality Muncipal Income Fund (continued) |
Portfolio of Investments November 30, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
U.S. Guaranteed (5) (continued) | ||||||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Kennedy Health System Obligated Group Issue, Refunding Series 2012: | ||||||
$4,165 | 3.750%, 7/01/27 (ETM) | No Opt. Call | N/R | $4,694,830 | ||
3,375 | 5.000%, 7/01/31 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R | 3,628,834 | ||
1,500 | 5.000%, 7/01/37 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R | 1,612,815 | ||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Palisades Medical Center Obligated Group Issue, Refunding Series 2013: | ||||||
555 | 5.250%, 7/01/31 (Pre-refunded 7/01/23) | 7/23 at 100.00 | N/R | 620,834 | ||
2,570 | 5.250%, 7/01/31 (Pre-refunded 7/01/23) | 7/23 at 100.00 | N/R | 2,899,602 | ||
275 | 5.500%, 7/01/43 (Pre-refunded 7/01/23) | 7/23 at 100.00 | N/R | 309,378 | ||
1,285 | 5.500%, 7/01/43 (Pre-refunded 7/01/23) | 7/23 at 100.00 | N/R | 1,458,064 | ||
7,670 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Barnabas Health Care System, Refunding Series 2011A, 5.625%, 7/01/37 (Pre-refunded 7/01/21) | 7/21 at 100.00 | N/R | 7,909,457 | ||
New Jersey Institute of Technology, New Jersey, General Obligation Bonds, Series 2012A: | ||||||
175 | 5.000%, 7/01/42 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R | 188,017 | ||
400 | 5.000%, 7/01/42 (Pre-refunded 7/01/22) | 7/22 at 100.00 | A1 | 430,084 | ||
1,555 | New Jersey Sports and Exposition Authority, Convention Center Luxury Tax Bonds, Series 2004, 5.500%, 3/01/22 – NPFG Insured (ETM) | No Opt. Call | Baa2 | 1,655,982 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2011A: | ||||||
80 | 6.000%, 6/15/35 (Pre-refunded 6/15/21) | 6/21 at 100.00 | Baa1 | 82,498 | ||
1,015 | 5.500%, 6/15/41 (Pre-refunded 6/15/21) | 6/21 at 100.00 | Baa1 | 1,043,978 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2011B: | ||||||
315 | 5.000%, 6/15/37 (Pre-refunded 6/15/21) | 6/21 at 100.00 | Baa1 | 323,149 | ||
130 | 5.000%, 6/15/42 (Pre-refunded 6/15/21) | 6/21 at 100.00 | Baa1 | 133,363 | ||
North Hudson Sewerage Authority, New Jersey, Gross Revenue Lease Certificates, Senior Lien Series 2012A: | ||||||
1,455 | 5.000%, 6/01/27 (Pre-refunded 6/01/22) | 6/22 at 100.00 | N/R | 1,559,818 | ||
2,365 | 5.000%, 6/01/27 (Pre-refunded 6/01/22) | 6/22 at 100.00 | A+ | 2,533,506 | ||
225 | 5.000%, 6/01/42 (Pre-refunded 6/01/22) | 6/22 at 100.00 | N/R | 241,209 | ||
15,840 | North Hudson Sewerage Authority, New Jersey, Sewerage Revenue Refunding Bonds, Series 2001A, 0.010%, 8/01/23 – NPFG Insured (ETM) | No Opt. Call | Baa2 | 15,630,754 | ||
Sparta Township Board of Education, Sussex County, New Jersey, General Obligation Bonds, Refunding Series 2015: | ||||||
1,000 | 5.000%, 2/15/34 (Pre-refunded 2/15/25) | 2/25 at 100.00 | AA | 1,197,530 | ||
1,395 | 5.000%, 2/15/35 (Pre-refunded 2/15/25) | 2/25 at 100.00 | AA | 1,670,554 | ||
59,500 | Total U.S. Guaranteed | 63,453,339 | ||||
Utilities – 6.9% (4.6% of Total Investments) | ||||||
1,510 | Industrial Pollution Control Financing Authority of Cape May County (New Jersey), Pollution Control Revenue Refunding Bonds, 1991 Series A (Atlantic City Electric Company Project), 6.800%, 3/01/21 – NPFG Insured | No Opt. Call | A | 1,533,269 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Utilities (continued) | ||||||
New Jersey Economic Development Authority, Energy Facilities Revenue Bonds, UMM Energy Partners, LLC Project, Series 2012A: | ||||||
$1,000 | 4.750%, 6/15/32 (AMT) | 6/22 at 100.00 | Baa2 | $1,048,830 | ||
1,225 | 5.125%, 6/15/43 (AMT) | 6/22 at 100.00 | Baa2 | 1,286,226 | ||
1,950 | New Jersey Economic Development Authority, Natural Gas Facilities Revenue Bonds, New Jersey Natural Gas Company Project, Refunding Series 2011A, 2.750%, 8/01/39 | 8/24 at 100.00 | A1 | 1,991,008 | ||
15,670 | New Jersey Economic Development Authority, Water Facilities Revenue Bonds, Middlesex Water Company, Series 2012C, 4.250%, 10/01/47 (AMT) | 10/22 at 100.00 | A+ | 16,214,376 | ||
2,355 | New Jersey Economic Development Authority, Water Facilities Revenue Bonds, Middlesex Water Company, Series 2019, 4.000%, 8/01/59 (AMT) | 8/29 at 100.00 | A+ | 2,641,486 | ||
3,505 | New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American Water Company Inc Project, Refunding Series 2020B, 1.200%, 11/01/34 (AMT) (Mandatory Put 6/01/23) | No Opt. Call | A+ | 3,555,998 | ||
2,700 | Passaic County Utilities Authority, New Jersey, Solid Waste Disposal Revenue Bonds, Refunding Series 2018, 5.000%, 3/01/37 | No Opt. Call | AA | 3,846,933 | ||
1,825 | Salem County Pollution Control Financing Authority, New Jersey, Pollution Control Revenue Bonds, Chambers Project, Refunding Series 2014A, 5.000%, 12/01/23 (AMT) | No Opt. Call | BBB | 1,913,421 | ||
13,000 | Salem County Pollution Control Financing Authority, New Jersey, Revenue Bonds, Atlantic City Electric Company Project, Refunding Series 2020, 2.250%, 6/01/29 | No Opt. Call | A | 13,325,520 | ||
44,740 | Total Utilities | 47,357,067 | ||||
Water and Sewer – 0.3% (0.2% of Total Investments) | ||||||
New Jersey Environmental Infrastructure Trust, Environmental Infrastructure Bonds, Series 2012A: | ||||||
65 | 3.250%, 9/01/31 | No Opt. Call | N/R | 66,440 | ||
1,585 | 3.250%, 9/01/31 | No Opt. Call | N/R | 1,621,312 | ||
1,650 | Total Water and Sewer | 1,687,752 | ||||
$955,886 | Total Long-Term Investments (cost $924,658,844) | 1,015,622,730 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
SHORT-TERM INVESTMENTS – 0.2% (0.2% of Total Investments) | ||||||
MUNICIPAL BONDS – 0.2% (0.2% of Total Investments) | ||||||
Health Care – 0.2% (0.2% of Total Investments) | ||||||
$1,100 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Virtua Health, Variable Rate Demand Obligations, Series 2009B, 0.120%, 7/01/43 (Mandatory Put 11/27/20) (6) | 11/20 at 100.00 | F1+ | $1,100,000 |
NXJ | Nuveen New Jersey Quality Muncipal Income Fund (continued) |
Portfolio of Investments November 30, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Health Care (continued) | ||||||
$600 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Variable Rate Demand Obligations, Tender Option Bond Trust Series 2017-ZM0546, 0.260%, 7/01/25 (Mandatory Put 12/07/20), 144A (6) | No Opt. Call | F1+ | $600,000 | ||
$1,700 | Total Short-Term Investments (cost $1,700,000) | 1,700,000 | ||||
Total Investments (cost $926,358,844) – 148.6% | 1,017,322,730 | |||||
Floating Rate Obligations – (5.1)% | (34,780,000) | |||||
Variable Rate Demand Preferred Shares, net of deferred offering costs – (45.7)% (7) | (312,545,930) | |||||
Other Assets Less Liabilities – 2.2% | 14,503,497 | |||||
Net Asset Applicable to Common Shares – 100% | $684,500,297 |
Level 1 | Level 2 | Level 3 | Total | |
Long-Term Investments: | ||||
Municipal Bonds | $ — | $1,015,622,730 | $ — | $1,015,622,730 |
Short-Term Investments: | ||||
Municipal Bonds | — | 1,700,000 | — | 1,700,000 |
Total | $ — | $1,017,322,730 | $ — | $1,017,322,730 |
(1) | All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted. | |
(2) | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
(4) | Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions. | |
(5) | Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest. | |
(6) | Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the reporting period. This rate changes periodically based on market conditions or a specified market index. | |
(7) | Variable Rate Demand Preferred Shares, net of deferred offering costs as a percentage of Total Investments is 30.7%. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
AMT | Alternative Minimum Tax | |
ETM | Escrowed to maturity | |
IF | Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust. | |
UB | Underlying bond of an inverse floating rate trust reflected as a financing transaction. |