N-Q 1 nq.htm NKG



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number 811-21152
 
Nuveen Georgia Quality Municipal Income Fund
(Exact name of registrant as specified in charter)
 
Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)
 

Gifford R. Zimmerman
Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         
(Name and address of agent for service)
 
Registrant's telephone number, including area code:         312-917-7700        
 
Date of fiscal year end:            5/31          
 
Date of reporting period:         2/28/17         
 
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
 
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 

 
Item 1. Schedule of Investments
 

           
 
 
Portfolio of Investments 
 
 
 
 
 
 
Nuveen Georgia Quality Municipal Income Fund (NKG) 
 
 
 
 
 
February 28, 2017 (Unaudited) 
 
 
 
 
 
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) 
 
 
 
 
 
 
Education and Civic Organizations – 15.3% (9.7% of Total Investments) 
 
 
 
$ 700 
 
Carrollton Payroll Development Authority, Georgia, Student Housing Revenue Bonds, University 
4/17 at 100.00 
A1 
$ 702,583 
 
 
of West Georgia, Series 2004A, 5.000%, 9/01/21 – SYNCORA GTY Insured 
 
 
 
1,600 
 
Cobb County Development Authority, Georgia, Revenue Bonds, KSU University II Real Estate 
7/21 at 100.00 
AA 
1,767,168 
 
 
Foundation, LLC Project, Series 2011, 5.000%, 7/15/41 – AGM Insured 
 
 
 
1,340 
 
Douglas County Development Authority, Georgia, Charter School Revenue Bonds, Brighten Academy 
10/23 at 100.00 
N/R 
1,428,467 
 
 
Project, Series 2013B, 7.000%, 10/01/43 
 
 
 
625 
 
Fulton County Development Authority, Georgia, Revenue Bonds, Georgia Tech Foundation 
5/22 at 100.00 
AA+ 
703,413 
 
 
Technology Square Project, Refunding Series 2012A, 5.000%, 11/01/31 
 
 
 
3,000 
 
Fulton County Development Authority, Georgia, Revenue Bonds, Robert W. Woodruff Arts Center, 
3/26 at 100.00 
A2 
3,334,050 
 
 
Inc. Project, Refunding Series 2015A, 5.000%, 3/15/36 
 
 
 
3,000 
 
Private Colleges and Universities Authority, Georgia, Revenue Bonds, Emory University, 
10/23 at 100.00 
AA+ 
3,388,890 
 
 
Refunding Series 2013A, 5.000%, 10/01/43 
 
 
 
2,000 
 
Private Colleges and Universities Authority, Georgia, Revenue Bonds, Emory University, 
10/26 at 100.00 
AA+ 
2,293,480 
 
 
Refunding Series 2016A, 5.000%, 10/01/46 
 
 
 
 
 
Private Colleges and Universities Authority, Georgia, Revenue Bonds, Emory University, Series 
 
 
 
 
 
2009, Tender Option Bond Trust 2015-XF0073: 
 
 
 
730 
 
16.171%, 9/01/32 (IF) 
9/19 at 100.00 
AA+ 
986,982 
1,150 
 
16.197%, 9/01/35 (IF) 
9/19 at 100.00 
AA+ 
1,535,388 
1,325 
 
Private Colleges and Universities Authority, Georgia, Revenue Bonds, Mercer University, 
10/22 at 100.00 
Baa2 
1,438,632 
 
 
Refunding Series 2012C, 5.250%, 10/01/30 
 
 
 
1,000 
 
Private Colleges and Universities Authority, Georgia, Revenue Bonds, Mercer University, Series 
10/21 at 100.00 
Baa2 
1,068,340 
 
 
2012A, 5.000%, 10/01/32 
 
 
 
3,000 
 
Private Colleges and Universities Authority, Georgia, Revenue Bonds, Savannah College of Art & 
4/24 at 100.00 
Baa1 
3,193,080 
 
 
Design Projects, Series 2014, 5.000%, 4/01/44 
 
 
 
19,470 
 
Total Education and Civic Organizations 
 
 
21,840,473 
 
 
Health Care – 12.1% (7.7% of Total Investments) 
 
 
 
 
 
Baldwin County Hospital Authority, Georgia, Revenue Bonds, Oconee Regional Medical Center, 
 
 
 
 
 
Series 1998: 
 
 
 
205 
 
5.250%, 12/01/22 (4) 
4/17 at 100.00 
96,350 
745 
 
5.375%, 12/01/28 (4) 
4/17 at 100.00 
350,150 
665 
 
Baldwin County Hospital Authority, Georgia, Revenue Bonds, Oconee Regional Medical Center, 
4/17 at 100.00 
N/R 
664,189 
 
 
Series 2016, 6.500%, 4/30/17 
 
 
 
715 
 
Coweta County Development Authority, Georgia, Revenue Bonds, Piedmont Healthcare, Inc. 
6/20 at 100.00 
AA– 
781,180 
 
 
Project, Series 2010, 5.000%, 6/15/40 
 
 
 
2,000 
 
Development Authority of Fulton County Revenue Bonds, Georgia, Piedmont Healthcare, Inc. Project, 
7/26 at 100.00 
AA– 
2,205,340 
 
 
Series 2016A, 5.000%, 7/01/46 
 
 
 
 
 
Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, 
 
 
 
 
 
Northeast Georgia Health Services Inc., Series 2010B: 
 
 
 
235 
 
5.000%, 2/15/33 
2/20 at 100.00 
AA– 
250,571 
235 
 
5.125%, 2/15/40 
2/20 at 100.00 
AA– 
250,228 
930 
 
5.250%, 2/15/45 
2/20 at 100.00 
AA– 
994,365 
4,000 
 
Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, 
2/27 at 100.00 
AA– 
4,541,280 
 
 
Northeast Georgia Health Services Inc., Series 2017B, 5.250%, 2/15/45 
 
 
 
1,620 
 
Greene County Development Authority, Georgia, Health System Revenue Bonds, Catholic Health 
11/22 at 100.00 
AA– 
1,767,566 
 
 
East Issue, Series 2012, 5.000%, 11/15/37 
 
 
 
 
 
Macon-Bibb County Hospital Authority, Georgia, Revenue Anticipation Certificates, Medical 
 
 
 
 
 
Center of Central Georgia Inc., Series 2009: 
 
 
 
425 
 
5.000%, 8/01/32 
8/19 at 100.00 
AA– 
451,805 
975 
 
5.000%, 8/01/35 
8/19 at 100.00 
AA– 
1,033,169 
1,470 
 
Medical Center Hospital Authority, Georgia, Revenue Anticipation Certificates, Columbus 
8/20 at 100.00 
AA 
1,636,154 
 
 
Regional Healthcare System, Inc. Project, Series 2010, 5.000%, 8/01/21 – AGM Insured 
 
 
 
2,300 
 
Valdosta and Lowndes County Hospital Authority, Georgia, Revenue Certificates, South Georgia 
10/17 at 100.00 
A2 
2,331,326 
 
 
Medical Center, Series 2007, 5.000%, 10/01/33 
 
 
 
16,520 
 
Total Health Care 
 
 
17,353,673 
 
 
Housing/Multifamily – 0.8% (0.5% of Total Investments) 
 
 
 
1,205 
 
Atlanta Urban Residential Finance Authority, Georgia, Multifamily Housing Revenue Bonds, 
11/23 at 100.00 
BBB+ 
1,185,491 
 
 
Trestletree Village Apartments, Series 2013A, 4.500%, 11/01/35 
 
 
 
 
 
Materials – 0.3% (0.2% of Total Investments) 
 
 
 
390 
 
Savannah Economic Development Authority, Georgia, Pollution Control Revenue Bonds, Union Camp 
No Opt. Call 
Baa2 
390,113 
 
 
Corporation, Series 1995, 6.150%, 3/01/17 
 
 
 
 
 
Tax Obligation/General – 40.6% (25.7% of Total Investments) 
 
 
 
3,000 
 
Carroll City-County Hospital Authority, Georgia, Revenue Anticipation Certificates Tanner 
7/25 at 100.00 
AA 
3,327,570 
 
 
Medical Center, Inc. Project, Series 2015, 5.000%, 7/01/41 
 
 
 
2,000 
 
Chatham County Hospital Authority, Georgia, Seven Mill Tax Pledge Refunding and Improvement 
1/22 at 100.00 
AA 
2,226,600 
 
 
Revenue Bonds, Memorial Health University Medical Center, Inc., Series 2012A, 5.000%, 1/01/31 
 
 
 
1,500 
 
Cherokee County Resource Recovery Development Authority, Georgia, Solid Waste Disposal Revenue 
7/17 at 100.00 
AA+ 
1,515,705 
 
 
Bonds, Ball Ground Recycling LLC Project, Series 2007A, 5.000%, 7/01/37 – AMBAC Insured 
 
 
 
 
 
(Alternative Minimum Tax) 
 
 
 
1,725 
 
Cobb-Marietta Coliseum and Exhibit Hall Authority, Georgia, Revenue Bonds, Performing Arts 
No Opt. Call 
AAA 
1,967,570 
 
 
Center, Refunding Series 2013, 5.000%, 1/01/21 
 
 
 
2,000 
 
DeKalb County, Georgia, General Obligation Bonds, Special Transportation, Parks and Greenspace 
12/26 at 100.00 
Aa3 
2,417,980 
 
 
and Libraries Tax District Series 2016, 5.000%, 12/01/27 
 
 
 
 
 
East Point Building Authority, Georgia, Revenue Bonds, Water & Sewer Project Series 2006A: 
 
 
 
3,000 
 
5.000%, 2/01/30 – SYNCORA GTY Insured 
4/17 at 100.00 
N/R 
3,003,210 
2,000 
 
5.000%, 2/01/34 – SYNCORA GTY Insured 
4/17 at 100.00 
N/R 
2,001,840 
1,135 
 
Floyd County Hospital Authority, Georgia, Revenue Anticipation Certificates, Floyd Medical 
7/22 at 100.00 
Aa2 
1,296,488 
 
 
Center, Series 2012B, 5.000%, 7/01/23 
 
 
 
2,000 
 
Floyd County Hospital Authority, Georgia, Revenue Anticipation Certificates, Floyd Medical 
7/26 at 100.00 
Aa2 
2,257,600 
 
 
Center, Series 2016, 5.000%, 7/01/35 
 
 
 
3,000 
 
Forsyth County Water and Sewerage Authority, Georgia, Revenue Bonds, Refunding & Improvement 
4/25 at 100.00 
AAA 
3,400,500 
 
 
Series 2015, 5.000%, 4/01/44 
 
 
 
3,000 
 
Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, 
2/25 at 100.00 
AA 
3,463,230 
 
 
Northeast Georgia Health Services Inc., Series 2014A, 5.500%, 8/15/54 
 
 
 
10 
 
Georgia Environmental Loan Acquisition Corporation, Local Government Loan Securitization 
3/21 at 100.00 
Aaa 
10,500 
 
 
Bonds, Loan Pool Series 2011, 5.125%, 3/15/31 
 
 
 
2,000 
 
Georgia State, General Obligation Bonds, Refunding Series 2009I, 5.000%, 7/01/19 
No Opt. Call 
AAA 
2,185,660 
2,500 
 
Georgia State, General Obligation Bonds, Refunding Series 2016E, 5.000%, 12/01/27 
12/26 at 100.00 
AAA 
3,083,400 
3,550 
 
Georgia State, General Obligation Bonds, Series 2015A, 5.000%, 2/01/28 
2/25 at 100.00 
AAA 
4,225,104 
3,500 
 
Gwinnett County School District, Georgia, General Obligation Bonds, Series 2013, 5.000%, 2/01/36 
2/23 at 100.00 
AAA 
3,987,305 
1,500 
 
Habersham County Hospital Authority, Georgia, Revenue Anticipation Certificates, Series 2014B, 
2/24 at 100.00 
Aa3 
1,651,800 
 
 
5.000%, 2/01/37 
 
 
 
3,000 
 
Henry County School District, Georgia, General Obligation Bonds, Series 2016, 5.000%, 8/01/27 
8/26 at 100.00 
AA+ 
3,636,090 
445 
 
La Grange-Troup County Hospital Authority, Georgia, Revenue Anticipation Certificates, Series 
7/18 at 100.00 
Aa2 
465,991 
 
 
2008A, 5.500%, 7/01/38 
 
 
 
 
 
Liberty County Industrial Authority, Georgia, Revenue Bonds, Series 2014: 
 
 
 
302 
 
5.500%, 7/15/23 
7/21 at 100.00 
N/R 
302,212 
601 
 
5.500%, 7/15/30 
7/21 at 100.00 
N/R 
599,704 
659 
 
5.500%, 1/15/36 
7/21 at 100.00 
N/R 
657,907 
3,000 
 
Sandy Springs Public Facilities Authority, Georgia, Revenue Bonds, Sandy Springs City Center 
5/26 at 100.00 
Aaa 
3,416,040 
 
 
Project, Series 2015, 5.000%, 5/01/47 
 
 
 
2,260 
 
Valdosta and Lowndes County Hospital Authority, Georgia, Revenue Certificates, South Georgia 
10/21 at 100.00 
Aa2 
2,445,410 
 
 
Medical Center Project, Series 2011B, 5.000%, 10/01/41 
 
 
 
 
 
Vidalia School District, Toombs County, Georgia, General Obligation Bonds, Series 2016: 
 
 
 
1,000 
 
5.000%, 8/01/30 
2/26 at 100.00 
Aa1 
1,177,840 
1,035 
 
5.000%, 8/01/31 
2/26 at 100.00 
Aa1 
1,214,593 
2,000 
 
Winder-Barrow Industrial Building Authority, Georgia, Revenue Bonds, City of Winder Project, 
12/21 at 100.00 
A1 
2,208,340 
 
 
Refunding Series 2012, 5.000%, 12/01/29 – AGM Insured 
 
 
 
51,722 
 
Total Tax Obligation/General 
 
 
58,146,189 
 
 
Tax Obligation/Limited – 17.6% (11.2% of Total Investments) 
 
 
 
3,250 
 
Atlanta Development Authority, Georgia, Revenue Bonds, New Downtown Atlanta Stadium Project, 
7/25 at 100.00 
Aa3 
3,708,705 
 
 
Senior Lien Series 2015A-1, 5.250%, 7/01/44 
 
 
 
 
 
Atlanta, Georgia, Tax Allocation Bonds Atlanta Station Project, Refunding Series 2007: 
 
 
 
110 
 
5.250%, 12/01/19 – AGC Insured 
12/17 at 100.00 
AA 
113,187 
350 
 
5.250%, 12/01/20 
12/17 at 100.00 
AA 
360,140 
80 
 
5.250%, 12/01/21 – AGC Insured 
12/17 at 100.00 
AA 
82,261 
1,080 
 
5.000%, 12/01/23 – AGC Insured 
12/17 at 100.00 
AA 
1,106,784 
 
 
Atlanta, Georgia, Tax Allocation Bonds, Beltline Project, Series 2016D: 
 
 
 
1,200 
 
5.000%, 1/01/30 
1/27 at 100.00 
A2 
1,375,620 
1,525 
 
5.000%, 1/01/31 
1/27 at 100.00 
A2 
1,739,903 
725 
 
Atlanta, Georgia, Tax Allocation Bonds, Perry Bolton Project Series 2014, 5.000%, 7/01/41 
7/23 at 100.00 
A– 
775,692 
 
 
Cobb-Marietta Coliseum and Exhibit Hall Authority, Georgia, Revenue Bonds, Refunding 
 
 
 
 
 
Series 1993: 
 
 
 
170 
 
5.500%, 10/01/18 – NPFG Insured 
No Opt. Call 
AA– 
174,471 
5,745 
 
5.625%, 10/01/26 – NPFG Insured 
10/19 at 100.00 
AA– 
6,546,944 
405 
 
Cobb-Marietta Coliseum and Exhibit Hall Authority, Georgia, Revenue Bonds, Refunding Series 
No Opt. Call 
AA– 
470,825 
 
 
2005, 5.500%, 10/01/26 – NPFG Insured 
 
 
 
3,020 
 
Georgia Local Governments, Certificates of Participation, Georgia Municipal Association, 
No Opt. Call 
AA– 
3,288,357 
 
 
Series 1998A, 4.750%, 6/01/28 – NPFG Insured 
 
 
 
 
 
Georgia Municipal Association Inc., Certificates of Participation, Riverdale Public Purpose 
 
 
 
 
 
Project, Series 2009: 
 
 
 
905 
 
5.375%, 5/01/32 – AGC Insured 
5/19 at 100.00 
AA 
973,092 
1,165 
 
5.500%, 5/01/38 – AGC Insured 
5/19 at 100.00 
AA 
1,255,742 
1,070 
 
Metropolitan Atlanta Rapid Transit Authority, Georgia, Sales Tax Revenue Bonds, Refunding 
No Opt. Call 
Aa1 
1,165,968 
 
 
Series 1992P, 6.250%, 7/01/20 – AMBAC Insured 
 
 
 
1,000 
 
Metropolitan Atlanta Rapid Transit Authority, Georgia, Sales Tax Revenue Bonds, Third 
7/26 at 100.00 
AA+ 
1,142,580 
 
 
Indenture, Series 2015B, 5.000%, 7/01/41 
 
 
 
810 
 
Tift County Hospital Authority, Georgia, Revenue Anticipation Certificates Series 2012, 
12/22 at 100.00 
Aa2 
898,671 
 
 
5.000%, 12/01/38 
 
 
 
22,610 
 
Total Tax Obligation/Limited 
 
 
25,178,942 
 
 
Transportation – 11.5% (7.2% of Total Investments) 
 
 
 
2,000 
 
Atlanta, Georgia, Airport General Revenue Bonds, Refunding Series 2011B, 5.000%, 1/01/30 
1/21 at 100.00 
AA– 
2,160,640 
 
 
(Alternative Minimum Tax) 
 
 
 
2,000 
 
Atlanta, Georgia, Airport General Revenue Bonds, Refunding Series 2012B, 5.000%, 1/01/31 
1/22 at 100.00 
AA– 
2,223,720 
2,810 
 
Atlanta, Georgia, Airport General Revenue Bonds, Series 2012C, 5.000%, 1/01/42 (Alternative 
1/22 at 100.00 
AA– 
2,999,984 
 
 
Minimum Tax) 
 
 
 
 
 
Atlanta, Georgia, Airport Passenger Facilities Charge and General Revenue Bonds, Refunding 
 
 
 
 
 
Subordinate Lien Series 2014A: 
 
 
 
2,575 
 
5.000%, 1/01/32 
1/24 at 100.00 
AA– 
2,946,083 
3,750 
 
5.000%, 1/01/34 
1/24 at 100.00 
AA– 
4,257,788 
1,500 
 
Clayton County Development Authority, Georgia, Special Facilities Revenue Bonds, Delta Air 
6/20 at 100.00 
Baa3 
1,776,600 
 
 
Lines, Inc. Project, Series 2009A, 8.750%, 6/01/29 
 
 
 
14,635 
 
Total Transportation 
 
 
16,364,815 
 
 
U.S. Guaranteed – 30.1% (19.1% of Total Investments) (5) 
 
 
 
1,760 
 
Athens Housing Authority, Georgia, Student Housing Lease Revenue Bonds, UGAREF East Campus 
6/19 at 100.00 
Aa2 (5) 
1,927,974 
 
 
Housing LLC Project, Series 2009, 5.250%, 6/15/35 (Pre-refunded 6/15/19) 
 
 
 
5,000 
 
Atlanta Development Authority, Georgia, Educational Facilities Revenue Bonds, Science Park LLC 
7/17 at 100.00 
Aa3 (5) 
5,074,599 
 
 
Project, Series 2007, 5.000%, 7/01/39 (Pre-refunded 7/01/17) 
 
 
 
1,500 
 
Atlanta, Georgia, Tax Allocation Bonds, Beltline Project Series 2008B. Remarketed, 7.375%, 
1/19 at 100.00 
A2 (5) 
1,673,445 
 
 
1/01/31 (Pre-refunded 1/01/19) 
 
 
 
265 
 
Atlanta, Georgia, Tax Allocation Bonds, Beltline Project Series 2008C. Remarketed, 7.500%, 
1/19 at 100.00 
A2 (5) 
293,813 
 
 
1/01/31 (Pre-refunded 1/01/19) 
 
 
 
5,100 
 
Cherokee County Water and Sewerage Authority, Georgia, Revenue Bonds, Series 2001, 5.000%, 
8/18 at 100.00 
AA (5) 
5,399,624 
 
 
8/01/35 (Pre-refunded 8/01/18) – AGM Insured 
 
 
 
600 
 
Clarke County Hospital Authority, Georgia, Hospital Revenue Certificates, Athens Regional 
1/22 at 100.00 
Aa1 (5) 
698,010 
 
 
Medical Center, Series 2012, 5.000%, 1/01/32 (Pre-refunded 1/01/22) 
 
 
 
1,375 
 
Cobb County Development Authority, Georgia, Student Housing Revenue Bonds, KSU Village II Real 
7/17 at 100.00 
N/R (5) 
1,398,733 
 
 
Estate Foundation LLC Project, Senior Series 2007A, 5.250%, 7/15/38 (Pre-refunded 7/15/17) – 
 
 
 
 
 
AMBAC Insured 
 
 
 
 
 
Coweta County Water and Sewer Authority, Georgia, Revenue Bonds, Series 2007: 
 
 
 
1,000 
 
5.000%, 6/01/32 (Pre-refunded 6/01/18) 
6/18 at 100.00 
Aa2 (5) 
1,052,210 
275 
 
5.000%, 6/01/37 (Pre-refunded 6/01/18) 
6/18 at 100.00 
N/R (5) 
289,358 
1,725 
 
5.000%, 6/01/37 (Pre-refunded 6/01/18) 
6/18 at 100.00 
Aa2 (5) 
1,815,062 
2,225 
 
Douglasville-Douglas County Water and Sewer Authority, Georgia, Water and Sewerage Revenue 
6/17 at 100.00 
AA– (5) 
2,250,009 
 
 
Bonds, Series 2007, 5.000%, 6/01/37 (Pre-refunded 6/01/17) – NPFG Insured 
 
 
 
1,500 
 
Forsyth County Water and Sewerage Authority, Georgia, Revenue Bonds, Series 2007, 5.000%, 
4/17 at 100.00 
AAA 
1,506,090 
 
 
4/01/37 (Pre-refunded 4/01/17) – AGM Insured 
 
 
 
 
 
Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, 
 
 
 
 
 
Northeast Georgia Health Services Inc., Series 2010B: 
 
 
 
765 
 
5.000%, 2/15/33 (Pre-refunded 2/15/20) 
2/20 at 100.00 
N/R (5) 
849,043 
765 
 
5.125%, 2/15/40 (Pre-refunded 2/15/20) 
2/20 at 100.00 
N/R (5) 
851,820 
3,015 
 
5.250%, 2/15/45 (Pre-refunded 2/15/20) 
2/20 at 100.00 
N/R (5) 
3,368,117 
 
 
Georgia Higher Education Facilities Authority, Revenue Bonds, USG Real Estate Foundation I LLC 
 
 
 
 
 
Project, Series 2008: 
 
 
 
25 
 
6.000%, 6/15/28 (Pre-refunded 6/15/18) 
6/18 at 100.00 
AA (5) 
26,656 
125 
 
6.000%, 6/15/28 (Pre-refunded 6/15/18) 
6/18 at 100.00 
AA (5) 
133,278 
2,500 
 
Georgia State, General Obligation Bonds, Series 2007E, 5.000%, 8/01/24 (Pre-refunded 8/01/17) 
8/17 at 100.00 
AAA 
2,546,500 
1,000 
 
Georgia State, General Obligation Bonds, Series 2009B, 5.000%, 1/01/26 (Pre-refunded 1/01/19) 
1/19 at 100.00 
AAA 
1,073,940 
4,900 
 
Gwinnett County School District, Georgia, General Obligation Bonds, Series 2008, 5.000%, 
2/18 at 100.00 
AAA 
5,091,100 
 
 
2/01/36 (Pre-refunded 2/01/18) (UB) 
 
 
 
2,540 
 
Houston County Hospital Authority, Georgia, Revenue Bonds, Houston Healthcare Project, Series 
10/17 at 100.00 
A+ (5) 
2,608,250 
 
 
2007, 5.250%, 10/01/35 (Pre-refunded 10/01/17) 
 
 
 
1,000 
 
Unified Government of Athens-Clarke County, Georgia, Water and Sewerage Revenue Bonds, Series 
1/19 at 100.00 
Aa1 (5) 
1,082,860 
 
 
2008, 5.500%, 1/01/38 (Pre-refunded 1/01/19) 
 
 
 
 
 
Walton County Water and Sewerage Authority, Georgia, Revenue Bonds, Oconee-Hard Creek 
 
 
 
 
 
Reservoir Project, Series 2008: 
 
 
 
1,280 
 
5.000%, 2/01/38 (Pre-refunded 2/01/18) – AGM Insured 
2/18 at 100.00 
A2 (5) 
1,329,805 
695 
 
5.000%, 2/01/38 (Pre-refunded 2/01/18) – AGM Insured 
2/18 at 100.00 
A2 (5) 
721,841 
40,935 
 
Total U.S. Guaranteed 
 
 
43,062,137 
 
 
Utilities – 11.9% (7.5% of Total Investments) 
 
 
 
525 
 
Burke County Development Authority, Georgia, Pollution Control Revenue Bonds, Georgia Power 
No Opt. Call 
A+ 
526,171 
 
 
Company – Vogtle Plant, First Series 2012, 1.750%, 12/01/49 (Mandatory put 6/01/17) 
 
 
 
3,000 
 
Georgia Municipal Electric Authority, General Power Revenue Bonds, Series 2012GG, 
1/23 at 100.00 
A+ 
3,283,860 
 
 
5.000%, 1/01/43 
 
 
 
1,005 
 
Georgia Municipal Electric Authority, Project One Revenue Bonds, Subordinated Series 2007A-2, 
3/17 at 100.00 
AA– 
1,008,538 
 
 
5.000%, 1/01/25 
 
 
 
 
 
Main Street Natural Gas Inc., Georgia, Gas Project Revenue Bonds, Series 2006B: 
 
 
 
1,055 
 
5.000%, 3/15/20 
No Opt. Call 
1,139,643 
1,300 
 
5.000%, 3/15/21 
No Opt. Call 
1,425,918 
1,500 
 
5.000%, 3/15/22 
No Opt. Call 
1,663,995 
 
 
Main Street Natural Gas Inc., Georgia, Gas Project Revenue Bonds, Series 2007A: 
 
 
 
350 
 
5.125%, 9/15/17 
No Opt. Call 
357,644 
950 
 
5.000%, 3/15/18 
No Opt. Call 
A+ 
983,298 
2,000 
 
5.000%, 3/15/22 
No Opt. Call 
A+ 
2,226,640 
1,500 
 
Municipal Electric Authority of Georgia, Project One Revenue Bonds, Subordinate Lien Series 
No Opt. Call 
A+ 
881,370 
 
 
2015A, 0.000%, 1/01/32 
 
 
 
3,000 
 
Municipal Electric Authority of Georgia, Project One Revenue Bonds, Subordinate Lien Series 
7/26 at 100.00 
A+ 
3,536,400 
 
 
2016A, 5.000%, 1/01/28 
 
 
 
16,185 
 
Total Utilities 
 
 
17,033,477 
 
 
Water and Sewer – 17.7% (11.2% of Total Investments) 
 
 
 
260 
 
Atlanta, Georgia, Water and Wastewater Revenue Bonds, Series 2004, 5.750%, 11/01/30 – 
No Opt. Call 
AA 
346,398 
 
 
AGM Insured 
 
 
 
 
Cherokee County Water and Sewerage Authority, Georgia, Revenue Bonds, Series 2001, 5.000%, 
8/18 at 100.00 
AA 
5,247 
 
 
8/01/35 – AGM Insured 
 
 
 
500 
 
Columbus, Georgia, Water and Sewerage Revenue Bonds, Refunding Series 2014A, 5.000%, 5/01/31 
5/24 at 100.00 
AA+ 
573,835 
500 
 
Columbus, Georgia, Water and Sewerage Revenue Bonds, Series 2016, 5.000%, 5/01/36 
5/26 at 100.00 
AA+ 
576,630 
 
 
DeKalb County, Georgia, Water and Sewerage Revenue Bonds, Refunding Series 2006B: 
 
 
 
6,000 
 
5.250%, 10/01/32 – AGM Insured 
10/26 at 100.00 
AA 
7,256,937 
300 
 
5.000%, 10/01/35 – AGM Insured 
10/26 at 100.00 
AA 
348,867 
5,350 
 
DeKalb County, Georgia, Water and Sewerage Revenue Bonds, Second Resolution Series 2011A, 
10/21 at 100.00 
Aa3 
6,054,434 
 
 
5.250%, 10/01/41 
 
 
 
1,000 
 
Fulton County, Georgia, Water and Sewerage Revenue Bonds, Refunding Series 2013, 
1/23 at 100.00 
AA 
1,122,920 
 
 
5.000%, 1/01/33 
 
 
 
1,000 
 
Milledgeville, Georgia, Water and Sewerage Revenue Refunding Bonds, Series 1996, 6.000%, 
No Opt. Call 
AA 
1,108,000 
 
 
12/01/21 – AGM Insured 
 
 
 
2,805 
 
Paulding County, Georgia, Water and Sewerage Revenue Bonds, Refunding & Improvement Series 
No Opt. Call 
AA 
3,317,530 
 
 
2016, 5.000%, 12/01/22 
 
 
 
2,000 
 
South Fulton Municipal Regional Water and Sewer Authority, Georgia, Revenue Bonds, Refunding 
1/24 at 100.00 
AA 
2,257,540 
 
 
Series 2014, 5.000%, 1/01/30 
 
 
 
2,315 
 
Walton County Water and Sewerage Authority, Georgia, Revenue Bonds, Oconee-Hard Creek 
2/26 at 100.00 
Aa2 
2,390,469 
 
 
Reservoir Project, Series 2016, 4.000%, 2/01/38 
 
 
 
22,035 
 
Total Water and Sewer 
 
 
25,358,807 
$ 205,707 
 
Total Long-Term Investments (cost $217,985,088) 
 
 
225,914,117 
 
 
Floating Rate Obligations – (2.3)% 
 
 
(3,245,000) 
 
 
Variable Rate MuniFund Term Preferred Shares, net of deferred offering costs – (57.3)% (6) 
 
 
(81,983,196) 
 
 
Other Assets Less Liabilities – 1.7% 
 
 
2,404,460 
 
 
Net Assets Applicable to Common Shares – 100% 
 
 
$ 143,090,381 
 


Fair Value Measurements
Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
         
 
Level 1 
Level 2 
Level 3 
Total 
Long-Term Investments: 
 
 
 
 
Municipal Bonds 
$ — 
$225,914,117 
$ — 
$225,914,117 
 
Income Tax Information
The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
As of February 28, 2017, the cost of investments was $214,622,995.
Gross unrealized appreciation and gross unrealized depreciation of investments as of February 28, 2017, were as follows:
   
Gross unrealized: 
 
Appreciation 
$ 9,585,120 
Depreciation 
(1,538,863) 
Net unrealized appreciation (depreciation) of investments 
$ 8,046,257 
 
     
(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) 
 
As of, or subsequent to, the end of the reporting period, this security is non-income producing. Non-income 
 
 
producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on 
 
 
the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the 
 
 
Fund’s Adviser has concluded that the issue is not likely to meet its future interest payment obligations 
 
 
and has ceased accruing additional income on the Fund’s records. 
(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. Certain bonds backed by U.S. Government or 
 
 
agency securities are regarded as having an implied rating equal to the rating of such securities. 
(6) 
 
Variable Rate MuniFund Term Preferred Shares, net of deferred offering costs as a percentage of Total 
 
 
Investments is 36.3%. 
(IF) 
 
Inverse floating rate investment. 
(UB) 
 
Underlying bond of an inverse floating rate trust reflected as a financing transaction. 
 

 
Item 2. Controls and Procedures.

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 Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
 
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 registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
 
Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.

 

 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
(Registrant)  Nuveen Georgia Quality Municipal Income Fund 
 
By (Signature and Title) /s/ Gifford R. Zimmerman            
       Gifford R. Zimmerman
     Vice President and Secretary
                                         
Date:         April 28, 2017        
 
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
 
By (Signature and Title) /s/ Cedric H. Antosiewicz            
       Cedric H. Antosiewicz
     Chief Administrative Officer (principal executive officer)
                        
Date:         April 28, 2017        
 
By (Signature and Title) /s/ Stephen D. Foy                         
 
     Stephen D. Foy
     Vice President and Controller (principal financial officer)
                                                                                         
Date:         April 28, 2017