0001752724-21-283829.txt : 20211228 0001752724-21-283829.hdr.sgml : 20211228 20211228114645 ACCESSION NUMBER: 0001752724-21-283829 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211031 FILED AS OF DATE: 20211228 PERIOD START: 20220731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Nuveen Credit Strategies Income Fund CENTRAL INDEX KEY: 0001227476 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-21333 FILM NUMBER: 211523328 BUSINESS ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-917-8146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: Nuveen Multi-Strategy Income & Growth Fund 2 DATE OF NAME CHANGE: 20070522 FORMER COMPANY: FORMER CONFORMED NAME: NUVEEN PREFERRED CONVERTIBLE INCOME FUND 2 DATE OF NAME CHANGE: 20030415 NPORT-P 1 primary_doc.xml NPORT-P false 0001227476 XXXXXXXX Nuveen Credit Strategies Income Fund 811-21333 0001227476 W4CSTD4RDGQSJ4FOVO30 333 W. 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4.00000000 N N N N N N ALPHA 3 BV 549300RVASWYF4HCO804 Alpha 3 BV N/A 3466205.04000000 PA USD 3466932.94000000 0.369312998703 Long LON CORP NL N 2 2028-03-18 Variable 3.00000000 N N N N N N ULTIMATE SOFTWARE GROUP INC 529900FKHWSTQ1GXK240 UKG Inc 90385KAF8 2452387.79000000 PA USD 2503483.29000000 0.266682089626 Long LON CORP US N 2 2027-05-03 Variable 7.50000000 N N N N N N BROWN GROUP HOLDING LLC N/A Brown Group Holding LLC 11565HAB2 2230836.63000000 PA USD 2228405.02000000 0.237379538198 Long LON CORP US N 2 2028-04-22 Variable 3.25000000 N N N N N N Avaya Holdings Corp 549300NZS2OZN6Q63A60 Avaya Holdings Corp 05351X119 37723.00000000 NS USD 73559.85000000 0.007835919891 Long DE CORP US N 2 N/A N/A Call Purchased Avaya Holdings Corp AVAYA HOLDINGS CORP 1.00000000 25.55000000 USD 2022-12-15 XXXX -4847641.61000000 N N N MILEAGE PLUS HLDINGS LLC N/A Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd 599191AA1 5000000.00000000 PA USD 5441800.00000000 0.579684554366 Long DBT CORP US Y 2 2027-06-20 Fixed 6.50000000 N N N N N N California Resources Corp 5493003Q8F0T4F4YMR48 California Resources Corp 13057Q123 629.00000000 NS USD 9743.21000000 0.001037889732 Long DE CORP US N 1 N/A N/A Call Purchased CALIFORNIA RESOURCES CORP CALIFORNIA RESOURCES CORP 1.00000000 36.00000000 USD 2024-10-27 XXXX -11866.56000000 N N N PACTIV EVERGREEN GROUP 5493002QNV81KCX40V06 Reynolds Group Holdings, Inc., Term Loan 76173FAW7 4962500.00000000 PA USD 4938382.25000000 0.526058273711 Long LON CORP US N 2 2026-02-05 Variable 3.33700000 N N N N N N ZIGGO FINANCING PARTNERS 213800TQASLF9JXH5J59 Ziggo Financing Partnership N/A 16915838.34000000 PA USD 16725535.16000000 1.781677826412 Long LON CORP US N 2 2028-04-30 Variable 2.59030000 N N N N N N ALTICE FRANCE SA 5493001ZMCICV4N02J21 Altice France SA/France 67053NAK0 992207.80000000 PA USD 977632.27000000 0.104141704356 Long LON CORP FR N 2 2025-07-31 Variable 2.87860000 N N N N N N BAUSCH HEALTH AMERICAS KOO0397YRO83WY5MGD97 Valeant Pharmaceuticals International, Inc., Term Loan, First Lien C9413PAZ6 10953194.34000000 PA USD 10940707.70000000 1.165452472993 Long LON CORP US N 2 2025-06-02 Variable 3.08700000 N N N N N N APEX TOOL / BC MOUNTAIN N/A Apex Tool Group LLC / BC Mountain Finance Inc 03764BAB1 6000000.00000000 PA USD 6007500.00000000 0.639945415186 Long DBT CORP US Y 2 2023-02-15 Fixed 9.00000000 N N N N N N DIAMOND SPORTS GROUP LLC 5493002K6DHWNZH8YA34 Diamond Sports Group LLC 25277BAB4 2584884.35000000 PA USD 1376450.92000000 0.146625627213 Long LON CORP US N 2 2026-08-24 Variable 3.34000000 N N N N N N ALI GROUP SRL 815600323321F0921705 Ali Group Srl BL3742097 6000000.00000000 PA USD 5963250.00000000 0.635231709880 Long LON CORP IT N 2 2028-10-13 Variable 0.00000000 N N N N N N LUMEN TECHNOLOGIES INC 8M3THTGWLTYZVE6BBY25 Lumen Technologies Inc 156700AS5 5000000.00000000 PA USD 5056900.00000000 0.538683307541 Long DBT CORP US N 2 2022-03-15 Fixed 5.80000000 N N N N N N TRICORBRAUN HOLDINGS INC 2549009AB5YVVW5J1U62 TricorBraun Holdings Inc N/A 3086319.95000000 PA USD 3071937.70000000 0.327236362355 Long LON CORP US N 2 2028-03-03 Variable 3.75000000 N N N N N N SERTA SIMMONS BEDDING LL 549300M4F4V4WFPNI116 Serta Simmons Bedding LLC 81753HAG6 954863.91000000 PA USD 903010.03000000 0.096192613993 Long LON CORP US N 2 2023-08-10 Variable 8.50000000 Y N N N N N ACRISURE LLC 549300R0Z1Q47XRTGO22 Acrisure LLC, Term Loan B 00488PAL9 16732531.67000000 PA USD 16540107.56000000 1.761925260042 Long LON CORP US N 2 2027-02-15 Variable 3.63150000 N N N N N N PROJECT RUBY ULTIMATE PARE 549300UGGIEE7YT1C741 Project Ruby Ultimate Parent Corp 74339UAS9 746250.00000000 PA USD 746354.48000000 0.079504973379 Long LON CORP US N 2 2028-03-10 Variable 4.00000000 N N N N N N AEGION CORP 549300AG3DVJURRIT691 Aegion Corp 00771PAJ0 1805000.00000000 PA USD 1820793.75000000 0.193958986652 Long LON CORP US N 2 2028-05-17 Variable 5.50000000 N N N N N N PACIFIC GAS & ELECTRIC 1HNPXZSMMB7HMBMVBS46 Pacific Gas and Electric Co 694308JK4 265000.00000000 PA USD 277829.84000000 0.029595660808 Long DBT CORP US N 2 2028-07-01 Fixed 3.75000000 N N N N N N COMMSCOPE INC 549300Z6K4JXMFE8QY54 CommScope, Inc., Term Loan B 20337EAQ4 825246.27000000 PA USD 815578.51000000 0.086879022588 Long LON CORP US N 2 2026-04-04 Variable 3.33700000 N N N N N N RESIDEO FUNDING INC 5493000IFJ6XJKH66598 Resideo Funding Inc 76090LAE4 1492500.00000000 PA USD 1494365.63000000 0.159186422560 Long LON CORP US N 2 2028-02-12 Variable 2.75000000 N N N N N N ONEX TSG INTERMEDIATE CO 5493006IJC5WXT1WJK88 Onex TSG Intermediate Corp 68276QAJ5 3376537.50000000 PA USD 3379711.45000000 0.360021780620 Long LON CORP US N 2 2028-02-26 Variable 5.50000000 N N N N N N JAZZ FINANCING LUX SARL 635400WUEO2NSG5OIU34 Jazz Financing Lux S.a.r.l., Term Loan N/A 5511187.50000000 PA USD 5525654.37000000 0.588617091965 Long LON CORP LU N 2 2028-05-05 Variable 4.00000000 N N N N N N STAPLES INC XQM2JINI1UL7642TU573 Staples Inc 855030AN2 545000.00000000 PA USD 550880.55000000 0.058682227596 Long DBT CORP US Y 2 2026-04-15 Fixed 7.50000000 N N N N N N MOZART BORROWER LP N/A Mozart Borrower LP 58503UAC7 13700000.00000000 PA USD 13725687.50000000 1.462120813300 Long LON CORP US N 2 2028-10-21 Variable 0.00000000 N N N N N N AI AQUA MERGER SUB INC 5493005QMH1D47U26R45 AI Aqua Merger Sub Inc N/A 355555.55000000 PA USD 357295.99000000 0.038060745845 Long LON CORP US N 2 2028-07-30 Variable 0.00000000 N N N N N N MARRIOTT OWNERSHIP RESORTS BW4532OH033VURR0IT68 Marriott Ownership Resorts Inc 57163KAH1 4302419.35000000 PA USD 4230353.83000000 0.450635961402 Long LON CORP US N 2 2025-08-31 Variable 1.83700000 N N N N N N MCAFEE LLC 549300713UKUTLV9T378 McAfee LLC, Term Loan B 57906PAG4 767999.34000000 PA USD 769585.26000000 0.081979618598 Long LON CORP US N 2 2024-09-29 Variable 3.83700000 N N N N N N 2021-10-31 Nuveen Credit Strategies Income Fund E. Scott Wickerham E. Scott Wickerham Funds Treasurer XXXX NPORT-EX 2 edgar.htm
JQC
Nuveen Credit Strategies Income Fund
Portfolio of Investments    October 31, 2021
(Unaudited)
Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    LONG-TERM INVESTMENTS – 158.3% (98.8% of Total Investments)            
    VARIABLE RATE SENIOR LOAN INTERESTS – 137.0% (85.5% of Total Investments) (2)            
    Aerospace & Defense – 1.5% (1.0% of Total Investments)            
$648   Dynasty Acquisition Co., Inc., Term Loan B1 3.632% 3-Month LIBOR 3.500% 4/08/26 B- $633,818
348   Dynasty Acquisition Co., Inc., Term Loan B2 3.632% 3-Month LIBOR 3.500% 4/08/26 B- 340,762
11,584   TransDigm, Inc., Term Loan E 2.337% 1-Month LIBOR 2.250% 5/30/25 Ba3 11,458,977
1,980   TransDigm, Inc., Term Loan G 2.337% 1-Month LIBOR 2.250% 8/22/24 Ba3 1,962,030
14,560   Total Aerospace & Defense           14,395,587
    Airlines – 4.7% (2.9% of Total Investments)            
3,895   AAdvantage Loyalty IP Ltd., Term Loan 5.500% 3-Month LIBOR 4.750% 4/20/28 Ba2 4,062,324
3,234   American Airlines, Inc., 1st Lien Term Loan 1.837% 1-Month LIBOR 1.750% 1/29/27 Ba3 3,136,645
1,067   American Airlines, Inc., Incremental Term Loan 2.090% 1-Month LIBOR 2.000% 12/14/23 Ba3 1,053,013
10,381   Checkout Holding Corp., Last Out Term Loan 1.838% 1-Month LIBOR 1.750% 6/27/25 Ba3 10,067,483
10,350   Curia Global, Inc., Term Loan 6.250% 3-Month LIBOR 5.250% 6/20/27 Baa3 11,036,360
2,730   Ultimate Software Group Inc(The), Incremental Term Loan 4.250% 3-Month LIBOR 3.500% 8/11/28 Ba2 2,762,419
3,980   United Airlines, Inc., Term Loan B 4.500% 3-Month LIBOR 3.750% 4/21/28 Ba1 4,041,829
7,860   Westjet Airlines Ltd., Term Loan B 4.000% 6-Month LIBOR 3.000% 12/11/26 BB- 7,747,642
43,497   Total Airlines           43,907,715
    Auto Components – 1.2% (0.7% of Total Investments)            
7,607   Clarios Global LP, USD Term Loan B 3.337% 1-Month LIBOR 3.250% 4/30/26 B1 7,570,396
890   Dexko Global Inc., Term Loan, (WI/DD) TBD TBD TBD TBD B1 891,513
170   Dexko Global Inc., Term Loan B, (WI/DD), (5) TBD TBD TBD TBD B1 169,812
2,481   Les Schwab Tire Centers, Term Loan B 4.000% 3-Month LIBOR 3.250% 11/02/27 B 2,483,583
11,148   Total Auto Components           11,115,304
    Beverages – 0.7% (0.4% of Total Investments)            
1,976   City Brewing Company, LLC, Closing Date Term Loan 4.250% 3-Month LIBOR 3.500% 4/05/28 B+ 1,959,955
1,732   GFL Environmental Inc., Term Loan 4.250% 3-Month LIBOR 3.500% 11/25/27 B1 1,737,506
1

JQC Nuveen Credit Strategies Income Fund (continued)
  Portfolio of Investments October 31, 2021
  (Unaudited)
Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Beverages (continued)            
$2,992   Triton Water Holdings, Inc, Term Loan 4.000% 3-Month LIBOR 3.500% 3/31/28 B1 $2,991,827
6,700   Total Beverages           6,689,288
    Building Products – 2.4% (1.5% of Total Investments)            
993   AECOM, Term Loan B 4.500% 1-Month LIBOR 3.750% 12/18/27 B+ 995,085
995   Change Healthcare Holdings LLC, Term Loan B 4.000% 3-Month LIBOR 3.250% 12/28/27 B1 992,282
2,761   Cornerstone Building Brands, Inc., Term Loan B 3.750% 1-Month LIBOR 3.250% 4/12/28 B+ 2,762,506
1,573   LBM Acquisition LLC, Term Loan B, (DD1) 4.500% 1-Month LIBOR 3.750% 12/18/27 B+ 1,554,259
5,265   Magenta Buyer LLC, Term Loan 1st Lien , (WI/DD) TBD TBD TBD TBD B 5,262,815
1,000   Nexstar Broadcasting, Inc., Term Loan B4, (WI/DD) TBD TBD TBD TBD B2 1,000,625
8,835   Quikrete Holdings, Inc., 1st Lien Term Loan 2.587% 1-Month LIBOR 2.500% 1/31/27 BB- 8,763,173
1,492   Resideo Funding Inc., Term Loan 2.750% 1-Month LIBOR 2.250% 2/12/28 BBB- 1,494,366
63   TricorBraun Holdings, Inc., Term Loan 2.375% 1-Month LIBOR 2.250% 9/24/26 Baa3 62,984
22,977   Total Building Products           22,888,095
    Capital Markets – 1.1% (0.7% of Total Investments)            
6,760   Cengage Learning, Inc., Term Loan B, (WI/DD) TBD TBD TBD TBD BB- 6,599,450
617   Klockner-Pentaplast of America, Inc., Term Loan B 5.250% 6-Month LIBOR 4.750% 2/09/26 B 615,344
3,184   RPI Intermediate Finance Trust, Term Loan B1 1.837% 1-Month LIBOR 1.750% 2/11/27 BBB- 3,179,240
10,561   Total Capital Markets           10,394,034
    Chemicals – 2.3% (1.4% of Total Investments)            
2,170   Arterra Wines Canada, Inc., Term Loan 3.250% 1-Month LIBOR 2.750% 1/29/26 BB+ 2,171,819
901   ASP Unifrax Holdings Inc, Term Loan B 3.882% 3-Month LIBOR 3.750% 12/14/25 BB 889,253
3,466   Clean Harbors Inc., Term Loan B 3.000% 3-Month LIBOR 2.500% 3/18/28 B+ 3,466,933
6,744   Finastra USA, Inc., Term Loan, 1st Lien 1.882% 3-Month LIBOR 1.750% 6/01/24 BBB- 6,737,043
5,911   Ineos US Finance LLC, USD Term Loan B 2.101% 1-Month LIBOR 2.000% 3/31/24 BBB- 5,880,637
2,320   Reynolds Group Holdings Inc. , Term Loan B 3.500% 3-Month LIBOR 3.000% 9/29/28 Ba3 2,318,121
21,512   Total Chemicals           21,463,806
    Commercial Services & Supplies – 5.7% (3.5% of Total Investments)            
1,244   Amentum Government Services Holdings LLC, Term Loan B 5.500% 3-Month LIBOR 4.750% 1/31/27 B1 1,248,028
10,123   Asurion LLC, Term Loan B8 3.500% 1-Month LIBOR 2.500% 2/01/24 B+ 10,107,229
2,000   Clean Harbors Inc., Term Loan B 2.087% 1-Month LIBOR 2.000% 10/08/28 BBB- 2,002,820
2

Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Commercial Services & Supplies (continued)            
$8,712   Garda World Security Corporation, Term Loan B 4.340% 1-Month LIBOR 4.250% 10/30/26 BB+ $8,734,683
3,654   GFL Environmental Inc., Term Loan 3.500% 3-Month LIBOR 3.000% 5/30/25 BB- 3,666,025
13,204   Hub International Limited, Term Loan B 1.837% 1-Month LIBOR 1.750% 11/13/26 BBB- 13,134,560
1,496   Madison IAQ LLC, Term Loan 3.750% 6-Month LIBOR 3.250% 6/21/28 B1 1,495,001
937   Prime Security Services Borrower, LLC, Term Loan, (WI/DD) TBD TBD TBD TBD BB- 936,169
1,909   Sabert Corporation, Term Loan B 5.500% 1-Month LIBOR 4.500% 12/10/26 B 1,911,651
2,363   Spin Holdco Inc., Term Loan 4.750% 3-Month LIBOR 4.000% 3/04/28 B- 2,373,062
7,428   Travelport Finance (Luxembourg) S.a.r.l., Super Priority Term Loan, (cash 2.500%, PIK 6.500%), (DD1) 2.500% 3-Month LIBOR 6.500% 2/28/25 B- 7,707,961
53,070   Total Commercial Services & Supplies           53,317,189
    Communications Equipment – 2.6% (1.6% of Total Investments)            
2,940   Cogeco Communications Finance (USA), LP, Term Loan B 3.089% 1-Month LIBOR 3.000% 10/07/26 B+ 2,912,452
825   CommScope, Inc., Term Loan B 3.337% 1-Month LIBOR 3.250% 4/04/26 Ba3 815,579
5,115   Global Medical Response, Inc., Term Loan B 4.340% 1-Month LIBOR 4.250% 12/15/27 BB 5,137,366
1,496   MetroNet Systems Holdings, LLC, Term Loan, First Lien, (DD1) 4.500% 3-Month LIBOR 2.750% 6/02/28 B2 1,501,165
6,109   Plantronics Inc, Term Loan B 2.587% 1-Month LIBOR 2.500% 7/02/25 Ba2 5,965,801
4,923   Riverbed Technology, Inc., Term Loan B 7.000% 1-Month LIBOR 6.000% 12/31/25 Caa1 4,511,332
3,561   Twin River Worldwide Holdings, Inc., Term Loan B 3.750% 3-Month LIBOR 3.000% 11/12/27 B+ 3,565,062
137   Univision Communications Inc., Term Loan C5 3.750% 1-Month LIBOR 2.750% 3/15/24 B 137,210
25,106   Total Communications Equipment           24,545,967
    Construction & Engineering – 1.1% (0.7% of Total Investments)            
748   AECOM, Term Loan B 1.837% 1-Month LIBOR 1.750% 4/13/28 BBB- 749,995
1,805   Aegion Corporation, Term Loan 5.500% 3-Month LIBOR 4.750% 5/17/28 B 1,820,794
2,460   Apttus Corporation, Term Loan 3.000% 3-Month LIBOR 2.500% 8/27/28 Ba2 2,465,388
2,231   Brown Group Holding, LLC, Term Loan B 3.250% 3-Month LIBOR 2.750% 4/22/28 B+ 2,228,405
598   FrontDoor Inc, Term Loan B 2.337% 1-Month LIBOR 2.250% 6/17/28 Ba2 597,878
1,000   Osmose Utilities Services, Inc., Term Loan 3.750% 1-Month LIBOR 3.250% 6/17/28 B 998,595
1,090   Rexnord LLC, Term Loan B 2.750% 1-Month LIBOR 2.250% 10/04/28 BB 1,091,700
9,932   Total Construction & Engineering           9,952,755
    Containers & Packaging – 1.8% (1.1% of Total Investments)            
695   ADMI Corp., Term Loan B2, (5) 3.750% 1-Month LIBOR 3.250% 3/03/28 B2 692,110
4,354   Berry Global, Inc., Term Loan Z 1.836% 1-Month LIBOR 1.750% 7/01/26 BBB- 4,331,509
1,335   Grinding Media Inc., Term Loan B 4.122% 3-Month LIBOR 4.000% 9/22/28 B 1,340,006
3

JQC Nuveen Credit Strategies Income Fund (continued)
  Portfolio of Investments October 31, 2021
  (Unaudited)
Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Containers & Packaging (continued)            
$2,125   Reynolds Group Holdings Inc. , Term Loan B 4.000% 1-Month LIBOR 3.500% 9/24/28 B+ $2,124,118
4,963   Reynolds Group Holdings Inc. , Term Loan B2 3.337% 1-Month LIBOR 3.250% 2/05/26 B+ 4,938,383
3,086   TricorBraun Holdings, Inc., Term Loan 3.750% 1-Month LIBOR 3.250% 3/03/28 B2 3,071,938
16,558   Total Containers & Packaging           16,498,064
    Distributors – 1.8% (1.1% of Total Investments)            
13,827   Core & Main LP, Term Loan B 2.588% 1-Month LIBOR 2.500% 6/10/28 Ba3 13,752,180
3,418   Univar Solutions USA Inc., Term Loan B6 2.087% 1-Month LIBOR 2.000% 6/03/28 BBB- 3,415,550
17,245   Total Distributors           17,167,730
    Diversified Consumer Services – 0.5% (0.3% of Total Investments)            
4,900   Cengage Learning, Inc., Term Loan B 5.750% 3-Month LIBOR 4.750% 7/14/26 B 4,931,385
    Diversified Financial Services – 0.8% (0.5% of Total Investments)            
2,355   Avaya Inc., Term Loan, (WI/DD) TBD TBD TBD TBD N/R 2,362,012
3,858   Ditech Holding Corporation, Term Loan, (6) 0.000% N/A N/A 6/30/22 N/R 773,897
1,721   Fleetcor Technologies Operating Company, LLC, Term Loan B4 1.837% 1-Month LIBOR 1.750% 4/30/28 BB+ 1,719,156
990   Lions Gate Capital Holdings LLC, Term Loan B 2.337% 1-Month LIBOR 2.250% 3/24/25 Ba2 984,411
1,496   Verscend Holding Corp., Term Loan B 4.087% 1-Month LIBOR 4.000% 8/27/25 BB- 1,500,611
10,420   Total Diversified Financial Services           7,340,087
    Diversified Telecommunication Services – 3.4% (2.2% of Total Investments)            
11,684   AAdvantage Loyalty IP Ltd., Term Loan 4.125% 3-Month LIBOR 4.000% 8/14/26 B 11,652,650
191   CenturyLink, Inc., Term Loan B 2.337% 1-Month LIBOR 2.250% 3/15/27 BBB- 189,168
1,311   Endo Luxembourg Finance Company I S.a r.l., Term Loan 3.811% 3-Month LIBOR 3.688% 1/31/26 B 1,298,799
4,871   Frontier Communications Corp., DIP Term Loan B 4.500% 3-Month LIBOR 3.750% 10/08/27 BB+ 4,875,836
14,419   Sinclair Television Group Inc., Term Loan B1 2.087% 1-Month LIBOR 2.000% 1/31/25 BBB- 14,369,407
32,476   Total Diversified Telecommunication Services           32,385,860
    Electric Utilities – 0.2% (0.2% of Total Investments)            
987   Pacific Gas & Electric Company, Term Loan 3.500% 3-Month LIBOR 3.000% 6/23/25 BB 978,706
4

Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Electric Utilities (continued)            
$1,333   Vistra Operations Company LLC, 1st Lien Term Loan B3 1.837% 1-Month LIBOR 1.750% 12/31/25 BBB- $1,321,845
2,320   Total Electric Utilities           2,300,551
    Electrical Equipment – 0.7% (0.4% of Total Investments)            
2,152   Avolon TLB Borrower 1 (US) LLC, Term Loan B4 2.250% 1-Month LIBOR 1.500% 2/12/27 Baa2 2,135,812
4,469   Ingram Micro Inc., Term Loan B 4.000% 3-Month LIBOR 3.500% 7/02/28 BB+ 4,484,441
6,621   Total Electrical Equipment           6,620,253
    Entertainment – 1.0% (0.6% of Total Investments)            
956   AMC Entertainment Holdings, Inc. , Term Loan B 3.086% 1-Month LIBOR 3.000% 4/22/26 B- 883,987
562   Crown Finance US, Inc., Incremental Term Loan B1 9.250% 6-Month LIBOR 8.250% 5/23/24 B- 605,676
6,938   Crown Finance US, Inc., USD Term Loan 3.500% 6-Month LIBOR 2.500% 2/28/25 CCC 5,754,760
1,815   NASCAR Holdings, Inc, Term Loan B 2.587% 1-Month LIBOR 2.500% 10/18/26 BB+ 1,810,890
10,271   Total Entertainment           9,055,313
    Food & Staples Retailing – 3.7% (2.3% of Total Investments)            
13,431   Altice Financing SA, Term Loan, 1st Lien 2.087% 1-Month LIBOR 2.000% 5/01/26 BBB 13,401,089
664   H Food Holdings LLC, Incremental Term Loan B3 6.000% 1-Month LIBOR 5.000% 5/31/25 B2 667,243
11,412   H Food Holdings LLC, Term Loan B 3.775% 1-Month LIBOR 3.687% 5/31/25 B2 11,367,756
1,485   Univar Solutions USA Inc., Term Loan B6 4.500% 1-Month LIBOR 3.500% 10/23/27 B- 1,489,113
7,527   US Foods, Inc., Term Loan B 1.837% 1-Month LIBOR 1.750% 6/27/23 BB- 7,491,482
34,519   Total Food & Staples Retailing           34,416,683
    Food Products – 0.4% (0.3% of Total Investments)            
1,975   iHeartCommunications, Inc., Term Loan 2.337% 1-Month LIBOR 2.250% 1/31/27 B+ 1,949,453
2,000   WideOpenWest Finance LLC, Term Loan B, (WI/DD) TBD TBD TBD TBD BB+ 1,997,500
3,975   Total Food Products           3,946,953
    Health Care Equipment & Supplies – 2.6% (1.6% of Total Investments)            
4,961   Carestream Health, Inc., Extended Term Loan 7.750% 3-Month LIBOR 6.750% 5/08/23 B1 4,989,542
13,700   Envision Healthcare Corporation, Term Loan, First Lien, (WI/DD) TBD TBD TBD TBD B+ 13,725,687
6,183   Viant Medical Holdings, Inc., 1st Lien Term Loan 3.837% 1-Month LIBOR 3.750% 7/02/25 B3 6,013,415
24,844   Total Health Care Equipment & Supplies           24,728,644
    Health Care Providers & Services – 9.9% (6.2% of Total Investments)            
1,990   ADMI Corp., Term Loan B2 3.625% 1-Month LIBOR 3.125% 12/23/27 B 1,978,030
5,000   AHP Health Partners, Inc., Term Loan B 4.000% 1-Month LIBOR 3.500% 8/23/28 B1 5,021,100
5

JQC Nuveen Credit Strategies Income Fund (continued)
  Portfolio of Investments October 31, 2021
  (Unaudited)
Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Health Care Providers & Services (continued)            
$382   Air Methods Corporation, Term Loan B 4.500% 3-Month LIBOR 3.500% 4/21/24 B $365,483
1,002   BW NHHC Holdco, Inc., 1st Lien Term Loan 5.125% 3-Month LIBOR 5.000% 5/15/25 Caa1 889,214
1,067   Catalent Pharma Solutions Inc., Term Loan B3, (5) 0.000% 1-Month LIBOR 2.000% 9/30/26 B 1,059,781
915   CHG Healthcare Services Inc., Term Loan 4.000% 3-Month LIBOR 3.500% 9/30/28 B1 916,546
2,715   Envision Healthcare Corporation, 1st Lien Term Loan, (DD1) 3.837% 1-Month LIBOR 3.750% 10/10/25 CCC+ 2,257,445
1,200   Global Medical Response, Inc., Incremental Term Loan 5.250% 6-Month LIBOR 4.250% 3/14/25 B 1,196,250
10,421   Global Medical Response, Inc., Term Loan B 5.250% 3-Month LIBOR 4.250% 10/02/25 B 10,397,073
280   Medical Solutions Holdings Inc., Term Loan, (WI/DD), (5) TBD TBD TBD TBD B1 280,525
1,470   Medical Solutions Holdings Inc., Term Loan, first Lien, (WI/DD) TBD TBD TBD TBD B1 1,472,756
733   National Mentor Holdings, Inc., Delayed Draw Term Loan, (5) 3.860% 1-Month LIBOR 3.250% 3/02/28 B1 729,102
5,780   National Mentor Holdings, Inc., Term Loan 4.500% 1-Month LIBOR 3.750% 3/02/28 B1 5,752,660
196   National Mentor Holdings, Inc., Term Loan C 4.500% 3-Month LIBOR 3.750% 3/02/28 B1 195,560
3,376   Onex TSG Intermediate Corp., Term Loan B 5.500% 3-Month LIBOR 4.750% 2/26/28 B 3,379,712
12,127   Phoenix Guarantor Inc, Term Loan B 3.338% 1-Month LIBOR 3.250% 3/05/26 B1 12,064,982
4,097   Phoenix Guarantor Inc, Term Loan B3 3.586% 1-Month LIBOR 3.500% 3/05/26 B1 4,085,869
140   Quorum Health Corporation, Term Loan, (6) 8.000% 3-Month LIBOR 7.000% 4/29/25 B- 140,766
17,397   RegionalCare Hospital Partners Holdings, Inc., Term Loan B 3.837% 1-Month LIBOR 3.750% 11/16/25 B1 17,376,676
7,957   Select Medical Corporation, Term Loan B 2.340% 1-Month LIBOR 2.250% 3/06/25 Ba2 7,923,906
12,512   Surgery Center Holdings, Inc., Term Loan, (DD1) 4.500% 1-Month LIBOR 3.750% 8/31/26 B1 12,553,398
2,674   Team Health Holdings, Inc., 1st Lien Term Loan 3.750% 1-Month LIBOR 2.750% 2/06/24 B 2,561,813
93,431   Total Health Care Providers & Services           92,598,647
    Health Care Technology – 2.1% (1.3% of Total Investments)            
9,109   Carestream Health, Inc., Extended 2nd Lien PIK Term Loan, (cash 5.500%, PIK 8.000%) 5.500% 3-Month LIBOR 4.500% 8/05/23 CCC+ 8,960,762
3,928   Change Healthcare Holdings LLC, Term Loan B 3.500% 1-Month LIBOR 2.500% 3/01/24 B+ 3,928,653
3,560   Zelis Healthcare Corporation, Term Loan 3.582% 1-Month LIBOR 3.500% 9/30/26 B 3,548,854
6

Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Health Care Technology (continued)            
$2,933   Zelis Healthcare Corporation, Term Loan B 3.577% 3-Month LIBOR 3.500% 9/30/26 B $2,914,399
19,530   Total Health Care Technology           19,352,668
    Hotels, Restaurants & Leisure – 14.8% (9.3% of Total Investments)            
15,136   1011778 B.C. Unlimited Liability Company, Term Loan B4 1.837% 1-Month LIBOR 1.750% 11/19/26 BB+ 14,870,829
2,700   Air Methods Corporation, Term Loan B 4.000% 6-Month LIBOR 3.250% 10/08/28 Ba2 2,700,850
347   Alterra Mountain Company, Series B-2 Consenting Term Loan 4.000% 1-Month LIBOR 3.500% 8/17/28 B 347,232
2,805   Aramark Services, Inc., Term Loan B3 1.837% 1-Month LIBOR 1.750% 3/11/25 BB+ 2,743,388
3,926   Berry Global, Inc., Term Loan Z 1.836% 1-Month LIBOR 1.750% 3/15/28 BBB- 3,931,222
14,860   Caesars Resort Collection, LLC, 1st Lien Term Loan B 2.837% 1-Month LIBOR 2.750% 12/22/24 B+ 14,806,177
1,485   Caesars Resort Collection, LLC, Term Loan B1 3.587% 1-Month LIBOR 3.500% 7/20/25 B+ 1,488,356
578   Carnival Corporation, USD Term Loan B 3.750% 1-Month LIBOR 3.000% 6/30/25 Ba2 578,076
3,086   Churchill Downs Incorporated, Incremental Term Loan B1 2.090% 1-Month LIBOR 2.000% 3/17/28 BBB- 3,062,703
1,802   ClubCorp Holdings, Inc., Term Loan B 2.882% 3-Month LIBOR 2.750% 9/18/24 B- 1,704,545
4,931   Crown Finance US, Inc., Term Loan B1 3.750% 3-Month LIBOR 2.750% 2/05/25 B 4,925,107
978   Crown Finance US, Inc., Term Loan B1, (cash 7.132%, PIK 8.250%) 7.132% 3-Month LIBOR 8.250% 5/23/24 B- 1,187,180
12,180   Equinox Holdings, Inc., 1st Lien Term Loan 4.000% 3-Month LIBOR 3.000% 3/08/24 CCC 11,637,385
15,013   Golden Nugget, Inc., Incremental Term Loan B 3.250% 3-Month LIBOR 2.500% 10/04/23 B 14,957,057
3,000   Hilton Grand Vacations Borrower LLC, Term Loan B 3.500% 1-Month LIBOR 3.000% 8/02/28 Ba1 3,009,000
4,681   Hilton Worldwide Finance, LLC, Term Loan B2 1.839% 1-Month LIBOR 1.750% 6/21/26 BBB- 4,650,234
5,633   Life Time Fitness Inc , Term Loan B 5.750% 3-Month LIBOR 4.750% 12/15/24 B 5,689,227
4,913   Phoenix Guarantor Inc, Term Loan B 4.250% 3-Month LIBOR 3.250% 12/15/27 B 4,918,598
12,081   Scientific Games International, Inc., Term Loan B5 2.837% 1-Month LIBOR 2.750% 8/14/24 B+ 12,047,083
4,000   SeaWorld Parks & Entertainment, Inc., Term Loan B 3.500% 1-Month LIBOR 3.000% 8/25/28 BB- 3,994,580
5,000   Stars Group Holdings B.V. (The), USD Incremental Term Loan 2.382% 3-Month LIBOR 2.250% 7/10/25 BBB 4,988,369
4,302   Station Casinos LLC, Term Loan B 1.837% 1-Month LIBOR 1.750% 8/31/25 Ba1 4,230,354
12,220   Station Casinos LLC, Term Loan B 2.500% 1-Month LIBOR 2.250% 2/08/27 BB- 12,117,322
2,250   Twin River Worldwide Holdings, Inc., Term Loan B 3.750% 3-Month LIBOR 3.250% 10/01/28 BB+ 2,250,562
7

JQC Nuveen Credit Strategies Income Fund (continued)
  Portfolio of Investments October 31, 2021
  (Unaudited)
Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Hotels, Restaurants & Leisure (continued)            
$2,425   Wyndham Hotels & Resorts, Inc., Term Loan B 1.837% 1-Month LIBOR 1.750% 5/30/25 BBB- $2,410,353
140,332   Total Hotels, Restaurants & Leisure           139,245,789
    Household Durables – 1.0% (0.6% of Total Investments)            
3,475   Apex Tool Group, LLC, Term Loan B 6.500% 1-Month LIBOR 5.250% 8/21/24 B3 3,482,953
356   FrontDoor Inc, Term Loan B, (WI/DD) TBD TBD TBD TBD B3 357,296
2,844   Phoenix Guarantor Inc, Term Loan B3 4.500% 1-Month LIBOR 4.000% 7/30/28 B3 2,858,368
955   Serta Simmons Bedding, LLC, Super Priority Second Out Term Loan, (6) 8.500% 1-Month LIBOR 7.500% 8/10/23 B- 903,010
2,105   Weber-Stephen Products LLC, Term Loan B 4.000% 6-Month LIBOR 3.250% 10/30/27 BB 2,112,483
9,735   Total Household Durables           9,714,110
    Household Products – 0.2% (0.1% of Total Investments)            
1,790   Verscend Holding Corp., Term Loan B 4.000% 3-Month LIBOR 3.500% 7/23/28 B1 1,785,373
    Independent Power & Renewable Electricity Producers – 0.2% (0.1% of Total Investments)            
1,496   WIN Waste Innovations Holdings, Inc., Term Loan B 3.250% 3-Month LIBOR 2.750% 3/25/28 B+ 1,498,307
    Insurance – 5.8% (3.6% of Total Investments)            
16,732   Acrisure, LLC, Term Loan B 3.632% 3-Month LIBOR 3.500% 2/15/27 B 16,540,107
4,800   Asurion LLC, Second Lien Term Loan B4 5.337% 1-Month LIBOR 5.250% 1/15/29 B 4,784,496
1,460   Asurion LLC, Term Loan B8 3.337% 1-Month LIBOR 3.250% 12/23/26 Ba3 1,446,648
14,352   Hub International Limited, Term Loan B 2.875% 3-Month LIBOR 2.750% 4/25/25 B 14,208,032
2,489   Klockner-Pentaplast of America, Inc., Term Loan B 3.337% 1-Month LIBOR 3.250% 7/31/27 Ba3 2,468,082
3,125   LBM Acquisition LLC, Incremental Term Loan B2 4.500% 1-Month LIBOR 3.750% 11/06/27 B 3,122,266
7,837   LBM Acquisition LLC, Term Loan B 3.132% 3-Month LIBOR 3.000% 5/16/24 B 7,788,421
247   Ryan Specialty Group, LLC, Term Loan 3.750% 1-Month LIBOR 3.000% 9/01/27 BB- 248,150
1,965   US Foods, Inc., Term Loan B 3.382% 3-Month LIBOR 3.250% 12/02/26 B 1,954,384
2,000   Zelis Healthcare Corporation, Delayed Draw Term Loan 0.000% 3-Month LIBOR N/A% 1/27/27 B1 1,990,830
55,007   Total Insurance           54,551,416
    Interactive Media & Services – 1.3% (0.8% of Total Investments)            
5,235   Arches Buyer Inc., Term Loan B 3.750% 1-Month LIBOR 3.250% 12/06/27 B1 5,219,077
1,347   Birkenstock GmbH & Co. KG., Term Loan B 3.750% 3-Month LIBOR 3.000% 11/04/27 BB+ 1,349,486
414   Mission Broadcasting, Inc., Term Loan B 2.582% 1-Month LIBOR 2.500% 6/03/28 BBB- 413,271
8

Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Interactive Media & Services (continued)            
$5,738   Rackspace Technology Global, Inc., Term Loan B 3.500% 3-Month LIBOR 2.750% 2/09/28 B+ $5,705,030
12,734   Total Interactive Media & Services           12,686,864
    Internet & Direct Marketing Retail – 0.4% (0.3% of Total Investments)            
3,980   CNT Holdings I Corp, Term Loan 4.500% 3-Month LIBOR 3.750% 11/08/27 B 3,991,363
    Internet Software & Services – 0.5% (0.3% of Total Investments)            
4,557   Greeneden U.S. Holdings II, LLC, USD Term Loan B4 4.750% 1-Month LIBOR 4.000% 12/01/27 B- 4,572,494
    IT Services – 4.9% (3.1% of Total Investments)            
2,151   Ahead DB Holdings, LLC, Term Loan B 4.500% 3-Month LIBOR 3.750% 10/16/27 B+ 2,161,191
1,015   CCC Intelligent Solutions Inc., Term Loan B 3.000% 3-Month LIBOR 2.500% 9/21/28 B1 1,013,224
3,064   Intrado Corporation, Term Loan 5.000% 3-Month LIBOR 4.000% 10/10/24 B2 3,014,824
2,750   Magenta Buyer LLC, USD 1st Lien Term Loan 5.750% 3-Month LIBOR 5.000% 7/27/28 BB- 2,734,531
746   Project Ruby Ultimate Parent Corp., Term Loan 4.000% 1-Month LIBOR 3.250% 3/10/28 B 746,354
18,151   Sabre GLBL Inc., Term Loan B 2.087% 1-Month LIBOR 2.000% 2/22/24 Ba3 17,982,755
5,024   Syniverse Holdings, Inc., 1st Lien Term Loan 6.000% 3-Month LIBOR 5.000% 3/09/23 CCC+ 5,029,312
10,966   Tempo Acquisition LLC, Extended Term Loan 3.750% 1-Month LIBOR 3.250% 10/31/26 BB- 11,007,286
2,250   Vision Solutions Inc., Term Loan 5.000% 3-Month LIBOR N/A% 5/28/28 B2 2,252,813
46,117   Total IT Services           45,942,290
    Leisure Products – 1.8% (1.1% of Total Investments)            
15,527   Hayward Industries, Inc., Term Loan 3.000% 1-Month LIBOR 2.500% 5/28/28 BB- 15,504,566
1,647   SRAM, LLC , Term Loan B 3.250% 3-Month LIBOR 2.750% 5/18/28 BB- 1,646,245
17,174   Total Leisure Products           17,150,811
    Life Sciences Tools & Services – 3.7% (2.3% of Total Investments)            
13,479   Apex Tool Group, LLC, Term Loan B, (WI/DD) TBD TBD TBD TBD B1 13,503,330
12,321   Curia Global, Inc., Term Loan 4.500% 3-Month LIBOR 3.750% 8/30/26 B 12,345,052
1,465   Intelsat Jackson Holdings S.A., Term Loan B3, (WI/DD) TBD TBD TBD TBD BB+ 1,466,223
7,143   PPD, Inc., Initial Term Loan 2.500% 1-Month LIBOR 2.000% 1/13/28 Ba2 7,140,103
34,408   Total Life Sciences Tools & Services           34,454,708
    Machinery – 3.1% (2.0% of Total Investments)            
1,964   Alliance Laundry Systems LLC, Term Loan B 4.250% 3-Month LIBOR 3.500% 10/08/27 B 1,970,051
9

JQC Nuveen Credit Strategies Income Fund (continued)
  Portfolio of Investments October 31, 2021
  (Unaudited)
Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Machinery (continued)            
$6,117   Axalta Coating Systems US Holdings Inc., Term Loan B3, (DD1) 4.500% 3-Month LIBOR 1.750% 7/31/27 B+ $6,134,768
12,350   Gardner Denver, Inc., USD Term Loan B2 1.837% 1-Month LIBOR 1.750% 2/28/27 BB+ 12,195,492
6,000   Hilton Grand Vacations Borrower LLC, Term Loan B, (WI/DD) TBD TBD TBD TBD Baa3 5,963,250
1,574   McGraw-Hill Global Education Holdings, LLC, Term Loan 3.000% 3-Month LIBOR 2.500% 9/22/28 BBB- 1,574,117
1,478   Vertiv Group Corporation, Term Loan B 2.830% 1-Month LIBOR 2.750% 3/02/27 BB- 1,469,140
29,483   Total Machinery           29,306,818
    Marine – 0.2% (0.1% of Total Investments)            
2,816   HGIM Corp., Exit Term Loan, (DD1) 7.000% 3-Month LIBOR 6.000% 7/02/23 Caa3 2,168,362
    Media – 14.3% (8.9% of Total Investments)            
970   Asurion LLC, Term Loan B9, (WI/DD) TBD TBD TBD TBD N/R 968,734
6,869   Brookfield Property REIT Inc., 1st Lien Term Loan B 2.087% 1-Month LIBOR 2.000% 1/04/25 BB 6,811,431
1,995   Cable One, Inc., Term Loan B4 2.087% 1-Month LIBOR 2.000% 5/03/28 BB+ 1,984,397
10,632   Charter Communications Operating, LLC, Term Loan B2 1.840% 1-Month LIBOR 1.750% 2/01/27 BBB- 10,567,731
406   Checkout Holding Corp., First Out Term Loan 8.500% 1-Month LIBOR 7.500% 2/15/23 N/R 391,373
710   Checkout Holding Corp., Last Out Term Loan, (cash 2.000%, PIK 9.500%) 2.000% 1-Month LIBOR 1.000% 8/15/23 N/R 369,184
10,218   Clear Channel Outdoor Holdings, Inc., Term Loan B 3.629% 3-Month LIBOR 3.500% 8/21/26 B1 10,069,591
9,774   CSC Holdings, LLC, Incremental Term Loan 2.340% 1-Month LIBOR 2.250% 1/15/26 BB 9,595,496
983   CSC Holdings, LLC, Term Loan B1 2.340% 1-Month LIBOR 2.250% 7/17/25 BB 962,845
11,802   CSC Holdings, LLC, Term Loan B5 2.590% 1-Month LIBOR 2.500% 4/15/27 BB 11,585,649
13,321   CSC Holdings, LLC, Term Loan B5 2.590% 1-Month LIBOR 2.500% 1/31/28 BB+ 13,196,116
2,585   Diamond Sports Group, LLC, Term Loan 3.340% 1-Month LIBOR 3.250% 8/24/26 Caa1 1,376,451
9,472   DirecTV Financing, LLC, Term Loan 5.750% 3-Month LIBOR 5.000% 8/02/27 BBB- 9,489,760
7,500   Gray Television, Inc., Term Loan B 2.332% 1-Month LIBOR 2.250% 2/07/24 BB+ 7,483,313
4,280   Gray Television, Inc., Term Loan C 2.582% 1-Month LIBOR 2.500% 1/02/26 BB+ 4,258,936
12   Houghton Mifflin Harcourt Publishing Company, Term Loan B 7.250% 1-Month LIBOR 6.250% 11/22/24 BB+ 12,003
3,406   iHeartCommunications, Inc., Term Loan 3.087% 1-Month LIBOR 3.000% 5/01/26 B+ 3,384,981
3,627   Intelsat Jackson Holdings S.A., Term Loan B3, (6) 8.000% 1-Month LIBOR 4.750% 11/27/23 N/R 3,667,545
3,809   Life Time Fitness Inc , Term Loan B 3.750% 1-Month LIBOR 3.000% 8/14/26 B+ 3,809,479
4,000   McGraw-Hill Global Education Holdings, LLC, Term Loan 5.250% 1-Month LIBOR 4.750% 7/30/28 B2 3,976,660
10

Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Media (continued)            
$5,391   Nexstar Broadcasting, Inc., Term Loan B3 2.337% 1-Month LIBOR 2.250% 1/17/24 BBB- $5,385,936
1,726   Nexstar Broadcasting, Inc., Term Loan B4 2.582% 1-Month LIBOR 2.500% 9/19/26 BBB- 1,724,845
2,656   Sinclair Television Group Inc., Term Loan B1 2.340% 1-Month LIBOR 2.250% 1/03/24 Ba2 2,630,400
4,006   WideOpenWest Finance LLC, Term Loan B 4.250% 1-Month LIBOR 3.250% 8/19/23 B 4,008,117
16,916   Ziggo Financing Partnership, USD Term Loan I 2.590% 1-Month LIBOR 2.500% 4/30/28 BB 16,725,535
137,066   Total Media           134,436,508
    Multiline Retail – 0.3% (0.2% of Total Investments)            
328   Belk, Inc., FLFO Term Loan 8.500% 3-Month LIBOR 7.500% 7/31/25 B- 329,032
1,466   Belk, Inc., FLSO Term Loan, (cash 5.000%, PIK 8.000%) 13.000% 3-Month LIBOR 13.000% 7/31/25 CCC- 1,120,670
953   CCC Intelligent Solutions Inc., Term Loan B 4.132% 3-Month LIBOR 4.000% 2/05/25 B- 950,859
2,747   Total Multiline Retail           2,400,561
    Oil, Gas & Consumable Fuels – 2.8% (1.7% of Total Investments)            
3,939   Avaya, Inc., Term Loan B 4.132% 3-Month LIBOR 4.000% 2/05/25 B- 3,930,780
16,746   Buckeye Partners, L.P., Term Loan B 2.334% 1-Month LIBOR 2.250% 11/01/26 BBB- 16,684,247
599   DT Midstream, Inc, Term Loan B 2.500% 3-Month LIBOR 2.000% 6/10/28 Baa2 600,535
992   Dynatrace LLC, 1st Lien Term Loan 2.879% 3-Month LIBOR 2.750% 7/31/25 B 977,632
2,089   Gulf Finance, LLC, Term Loan B 6.250% 1-Month LIBOR 3.750% 8/25/26 B- 2,021,533
1,608   QuarterNorth Energy Holding Inc., Exit 2nd Lien Term Loan 9.000% 3-Month LIBOR 8.000% 8/27/26 B 1,619,105
25,973   Total Oil, Gas & Consumable Fuels           25,833,832
    Personal Products – 3.0% (1.9% of Total Investments)            
5,894   Clarios Global LP, Term Loan B 3.837% 1-Month LIBOR 3.750% 12/21/25 N/R 5,847,525
1,750   Conair Holdings, LLC, Term Loan B 4.250% 3-Month LIBOR 3.750% 5/17/28 B1 1,752,004
6,829   Coty Inc., USD Term Loan B 2.337% 1-Month LIBOR 2.250% 4/05/25 B1 6,744,006
2,110   Journey Personal Care Corp., Term Loan B 5.000% 3-Month LIBOR 4.250% 3/01/28 B 2,104,438
14,860   Revlon Consumer Products Corporation, Term Loan B, (7) 4.250% 3-Month LIBOR 3.500% 9/07/23 CC 11,826,283
31,443   Total Personal Products           28,274,256
    Pharmaceuticals – 4.2% (2.6% of Total Investments)            
10,953   Bausch Health Companies Inc., Term Loan B 3.087% 1-Month LIBOR 3.000% 6/02/25 BB 10,940,708
395   Catalent Pharma Solutions Inc., Term Loan B3 2.500% 1-Month LIBOR 2.000% 2/22/28 BBB- 396,022
5,570   Checkout Holding Corp., First Out Term Loan 2.837% 1-Month LIBOR 2.750% 11/27/25 BB 5,559,324
11

JQC Nuveen Credit Strategies Income Fund (continued)
  Portfolio of Investments October 31, 2021
  (Unaudited)
Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Pharmaceuticals (continued)            
$2,652   Endo Luxembourg Finance Company I S.a r.l., Term Loan 5.750% 3-Month LIBOR 5.000% 3/25/28 B- $2,593,490
2,419   Gainwell Acquisition Corp., Term Loan B 4.750% 3-Month LIBOR 4.000% 10/01/27 BB- 2,427,966
5,511   Jazz Financing Lux S.a.r.l., Term Loan 4.000% 1-Month LIBOR 3.500% 5/05/28 BB+ 5,525,654
9,239   Mallinckrodt International Finance S.A., USD Term Loan B, (DD1), (6) 6.000% 6-Month LIBOR 5.250% 9/24/24 D 8,626,464
2,993   Organon & Co, USD Term Loan 3.500% 3-Month LIBOR 3.000% 6/02/28 BB 3,003,108
39,732   Total Pharmaceuticals           39,072,736
    Professional Services – 1.5% (0.9% of Total Investments)            
2,900   Ceridian HCM Holding Inc., Term Loan B 2.574% 1-Week LIBOR 2.500% 4/30/25 B+ 2,870,504
2,947   Creative Artists Agency, LLC , Term Loan B 3.837% 1-Month LIBOR 3.750% 11/26/26 B 2,936,904
178   Dun & Bradstreet Corporation (The), Term Loan 3.338% 1-Month LIBOR 3.250% 2/08/26 BB+ 177,247
1,288   Nielsen Consumer Inc., USD Term Loan B 4.087% 1-Month LIBOR 4.000% 3/05/28 BB 1,293,093
6,361   Nielsen Finance LLC, USD Term Loan B4 2.086% 1-Month LIBOR 2.000% 10/04/23 BBB- 6,361,358
13,674   Total Professional Services           13,639,106
    Real Estate Management & Development – 0.7% (0.5% of Total Investments)            
6,885   CenturyLink, Inc., Term Loan A 2.587% 1-Month LIBOR 2.500% 8/24/25 BB+ 6,820,277
    Road & Rail – 1.0% (0.6% of Total Investments)            
4,883   Avolon TLB Borrower 1 (US) LLC, Term Loan B3 2.500% 1-Month LIBOR 1.750% 1/15/25 Baa2 4,884,194
3,803   Hertz Corporation, (The), Term Loan B, (DD1) 4.000% 1-Month LIBOR 3.500% 6/30/28 B+ 3,812,195
719   Hertz Corporation, (The), Term Loan C, (DD1) 4.000% 1-Month LIBOR 3.500% 6/30/28 BB- 720,169
9,405   Total Road & Rail           9,416,558
    Semiconductors & Semiconductor Equipment – 2.4% (1.5% of Total Investments)            
5,921   Bright Bidco B.V., Term Loan B, (DD1) 4.500% 3-Month LIBOR 3.500% 6/30/24 CCC 4,415,854
5,650   CMC Materials, Inc., Term Loan B1 2.125% 1-Month LIBOR 2.000% 11/15/25 BBB- 5,646,386
6,176   ON Semiconductor Corporation, Term Loan B 2.087% 1-Month LIBOR 2.000% 9/19/26 Baa3 6,176,616
6,060   Standard Industries Inc., Term Loan B, (WI/DD) TBD TBD TBD TBD BBB- 6,060,000
23,807   Total Semiconductors & Semiconductor Equipment           22,298,856
    Software – 11.8% (7.4% of Total Investments)            
2,643   Apttus Corporation, Term Loan 5.000% 3-Month LIBOR 4.250% 5/06/28 BB 2,660,845
3,980   Delta TopCo, Inc., Term Loan B 4.500% 3-Month LIBOR 3.750% 12/01/27 B2 3,979,662
2,452   DirecTV Financing, LLC, Term Loan 7.500% 3-Month LIBOR 6.750% 5/03/27 Caa1 2,503,483
4,924   Dynatrace LLC, 1st Lien Term Loan 2.337% 1-Month LIBOR 2.250% 8/23/25 BB+ 4,920,311
12

Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Software (continued)            
$9,162   Epicor Software Corporation, Term Loan 4.000% 1-Month LIBOR 3.250% 7/31/27 B2 $9,164,137
5,598   Finastra USA, Inc., USD 1st Lien Term Loan 4.500% 6-Month LIBOR 3.500% 6/13/24 BB- 5,577,041
12,740   Fleet U.S. Bidco Inc., Term Loan B 3.629% 3-Month LIBOR 3.500% 7/25/26 B 12,665,153
2,980   MA FinanceCo., LLC, USD Term Loan B 5.250% 3-Month LIBOR 4.250% 6/05/25 BB+ 3,008,944
1,394   MA FinanceCo., LLC, USD Term Loan B3 2.837% 1-Month LIBOR 2.750% 6/21/24 BB 1,384,717
768   McAfee, LLC, USD Term Loan B 3.837% 1-Month LIBOR 3.750% 9/29/24 BB+ 769,585
7,000   Park River Holdings Inc, Term Loan, (WI/DD) TBD TBD TBD TBD B1 6,992,720
3,125   Polaris Newco LLC, USD Term Loan B 4.500% 3-Month LIBOR 4.000% 6/04/28 B2 3,135,969
3,151   Proofpoint, Inc., 1st Lien Term Loan 3.750% 3-Month LIBOR 3.250% 8/31/28 BB- 3,141,326
3,550   RealPage, Inc, 1st Lien Term Loan 3.750% 1-Month LIBOR 3.250% 4/22/28 B+ 3,546,770
9,417   Seattle Spinco, Inc., USD Term Loan B3 2.837% 1-Month LIBOR 2.750% 6/21/24 BB+ 9,351,335
10,038   Sophia, L.P., 1st Lien Term Loan 4.250% 3-Month LIBOR 3.500% 10/07/27 B 10,058,195
2,790   SS&C European Holdings Sarl, Term Loan B4 1.837% 1-Month LIBOR 1.750% 4/16/25 BB+ 2,764,730
3,671   SS&C Technologies Inc., Term Loan B3 1.837% 1-Month LIBOR 1.750% 4/16/25 BB+ 3,638,468
6,760   Ultimate Software Group Inc(The), Incremental Term Loan 4.000% 3-Month LIBOR 3.250% 5/03/26 B1 6,779,457
14,700   Ultimate Software Group Inc(The), Term Loan B 3.837% 1-Month LIBOR 3.750% 5/03/26 B1 14,740,425
110,843   Total Software           110,783,273
    Specialty Retail – 3.1% (2.0% of Total Investments)            
3,242   Academy, Ltd., Term Loan 4.250% 3-Month LIBOR 3.750% 4/28/28 BB- 3,247,451
1,306   Academy, Ltd., Term Loan 4.500% 1-Month LIBOR 3.750% 11/06/27 Ba3 1,310,508
3,430   Jo-Ann Stores, Inc., Term Loan B1 5.500% 3-Month LIBOR 4.750% 6/30/28 B 3,378,550
859   LBM Acquisition LLC, Incremental Term Loan B2 3.879% 3-Month LIBOR 3.750% 12/18/27 B+ 849,032
431   LBM Acquisition LLC, Incremental Term Loan B2, (WI/DD), (5) TBD TBD TBD TBD B+ 425,583
16,319   PetSmart, Inc., Term Loan B 4.500% 3-Month LIBOR 3.750% 2/12/28 BB- 16,361,367
4,000   Syniverse Holdings, Inc., Term Loan, First Lien, (WI/DD) TBD TBD TBD TBD BB 4,000,840
29,587   Total Specialty Retail           29,573,331
    Technology Hardware, Storage & Peripherals – 1.3% (0.8% of Total Investments)            
9,394   Dell International LLC, Term Loan B 2.000% 1-Month LIBOR 1.750% 9/19/25 BBB 9,397,841
13

JQC Nuveen Credit Strategies Income Fund (continued)
  Portfolio of Investments October 31, 2021
  (Unaudited)
Principal Amount (000)     Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Technology Hardware, Storage & Peripherals (continued)            
$2,562   Peraton Corp., Term Loan B 4.500% 1-Month LIBOR 3.750% 2/01/28 BB- $2,571,528
11,956   Total Technology Hardware, Storage & Peripherals           11,969,369
    Textiles, Apparel & Luxury Goods – 0.2% (0.1% of Total Investments)            
1,741   CBI Buyer, Inc., Term Loan 4.250% 3-Month LIBOR 3.250% 1/06/28 B1 1,738,096
    Wireless Telecommunication Services – 0.3% (0.2% of Total Investments)            
984   Altice Financing SA, USD 1st Lien Term Loan 2.874% 3-Month LIBOR 2.750% 1/31/26 B 965,844
1,496   GOGO Intermediate Holdings LLC, Term Loan B 3.879% 3-Month LIBOR 3.750% 4/30/28 B 1,499,841
2,480   Total Wireless Telecommunication Services           2,465,685
$1,303,141   Total Variable Rate Senior Loan Interests (cost $1,289,129,254)         1,285,803,727
    
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (4) Value
    CORPORATE BONDS – 19.5% (12.2% of Total Investments)            
    Airlines – 0.6% (0.4% of Total Investments)            
$5,000   Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd, 144A, (8)     6.500% 6/20/27 Baa3 $5,441,800
    Auto Components – 0.3% (0.2% of Total Investments)            
2,699   Clarios Global LP / Clarios US Finance Co, 144A, (8)     6.250% 5/15/26 B1 2,823,829
    Capital Markets – 0.1% (0.1% of Total Investments)            
1,000   LPL Holdings Inc, 144A, (8)     4.625% 11/15/27 BB 1,030,000
    Chemicals – 0.2% (0.1% of Total Investments)            
2,138   Rayonier AM Products Inc, 144A, (8)     7.625% 1/15/26 B1 2,203,968
    Commercial Services & Supplies – 0.6% (0.4% of Total Investments)            
1,200   GFL Environmental Inc, 144A     5.125% 12/15/26 BB- 1,254,000
2,500   Prime Security Services Borrower LLC / Prime Finance Inc, 144A, (8)     3.375% 8/31/27 BB- 2,394,725
1,700   Prime Security Services Borrower LLC / Prime Finance Inc, 144A     6.250% 1/15/28 B- 1,742,500
5,400   Total Commercial Services & Supplies           5,391,225
    Communications Equipment – 0.9% (0.6% of Total Investments)            
2,250   CommScope Inc, 144A, (8)     8.250% 3/01/27 B- 2,292,615
6,750   CommScope Technologies LLC, 144A, (8)     5.000% 3/15/27 B- 6,262,916
9,000   Total Communications Equipment           8,555,531
    Consumer Finance – 0.6% (0.3% of Total Investments)            
5,000   Verscend Escrow Corp, 144A, (8)     9.750% 8/15/26 CCC+ 5,296,550
14

Principal Amount (000)   Description (1)     Coupon Maturity Ratings (4) Value
    Diversified Telecommunication Services – 1.7% (1.1% of Total Investments)            
$6,000   Avaya Inc, 144A, (8)     6.125% 9/15/28 B+ $6,241,800
5,000   DIRECTV Holdings LLC / DIRECTV Financing Co Inc, 144A, (8)     5.875% 8/15/27 BBB- 5,183,250
5,000   Lumen Technologies Inc, (8)     5.800% 3/15/22 BB 5,056,900
16,000   Total Diversified Telecommunication Services           16,481,950
    Electric Utilities – 0.1% (0.0% of Total Investments)            
3,750   Bruce Mansfield Unit 1 2007 Pass-Through Trust, (6)     6.850% 6/01/34 N/R 4,687
265   Pacific Gas and Electric Co     3.450% 7/01/25 BBB- 276,251
265   Pacific Gas and Electric Co     3.750% 7/01/28 BBB- 277,830
4,280   Total Electric Utilities           558,768
    Equity Real Estate Investment Trust – 0.7% (0.4% of Total Investments)            
6,000   Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC, 144A, (8)     7.875% 2/15/25 B 6,310,200
    Food & Staples Retailing – 0.7% (0.4% of Total Investments)            
4,000   Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC, 144A, (8)     4.625% 1/15/27 BB 4,186,200
2,000   JBS USA Food Co, 144A, (8)     5.750% 1/15/28 BBB- 2,085,020
6,000   Total Food & Staples Retailing           6,271,220
    Food Products – 0.2% (0.1% of Total Investments)            
2,000   H-Food Holdings LLC / Hearthside Finance Co Inc, 144A, (8)     8.500% 6/01/26 CCC 2,065,000
    Gas Utilities – 0.1% (0.1% of Total Investments)            
500   NGL Energy Partners LP / NGL Energy Finance Corp, (8)     7.500% 11/01/23 CCC+ 480,000
500   NGL Energy Partners LP / NGL Energy Finance Corp, (8)     6.125% 3/01/25 CCC+ 424,850
1,000   Total Gas Utilities           904,850
    Health Care Providers & Services – 3.8% (2.4% of Total Investments)            
2,000   CHS/Community Health Systems Inc, 144A, (8)     6.625% 2/15/25 BB- 2,080,000
3,335   CHS/Community Health Systems Inc, 144A, (8)     8.000% 3/15/26 BB- 3,518,425
725   CHS/Community Health Systems Inc, 144A, (8)     8.000% 12/15/27 BB- 785,719
2,000   CHS/Community Health Systems Inc, 144A, (8)     6.875% 4/15/29 CCC 2,057,500
4,750   Legacy LifePoint Health LLC, 144A, (8)     4.375% 2/15/27 B1 4,702,500
2,590   LifePoint Health Inc, 144A     5.375% 1/15/29 CCC+ 2,538,200
2,500   Molina Healthcare Inc, (8)     5.375% 11/15/22 BB- 2,568,750
4,850   RegionalCare Hospital Partners Holdings Inc / LifePoint Health Inc, 144A, (8)     9.750% 12/01/26 CCC+ 5,116,750
1,225   Team Health Holdings Inc, 144A     6.375% 2/01/25 CCC 1,084,125
2,000   Tenet Healthcare Corp, 144A, (8)     7.500% 4/01/25 B+ 2,122,500
15

JQC Nuveen Credit Strategies Income Fund (continued)
  Portfolio of Investments October 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (4) Value
    Health Care Providers & Services (continued)            
$8,500   Tenet Healthcare Corp, 144A, (8)     6.125% 10/01/28 B $8,924,575
34,475   Total Health Care Providers & Services           35,499,044
    Health Care Technology – 0.2% (0.1% of Total Investments)            
1,840   Change Healthcare Holdings LLC / Change Healthcare Finance Inc, 144A, (8)     5.750% 3/01/25 B- 1,853,800
    Hotels, Restaurants & Leisure – 0.6% (0.4% of Total Investments)            
5,285   IRB Holding Corp, 144A, (8)     6.750% 2/15/26 CCC+ 5,403,912
    Household Durables – 0.0% (0.0% of Total Investments)            
505   Kronos Acquisition Holdings Inc / KIK Custom Products Inc, 144A, (8)     5.000% 12/31/26 B2 499,950
    Leisure Products – 0.4% (0.3% of Total Investments)            
3,900   Academy Ltd, 144A, (8)     6.000% 11/15/27 Ba3 4,153,500
    Machinery – 0.6% (0.4% of Total Investments)            
6,000   Apex Tool Group LLC / BC Mountain Finance Inc, 144A, (8)     9.000% 2/15/23 CCC 6,007,500
    Media – 1.8% (1.1% of Total Investments)            
3,675   Clear Channel Outdoor Holdings Inc, 144A, (8)     7.750% 4/15/28 CCC 3,805,297
2,400   Clear Channel Outdoor Holdings Inc, 144A, (8)     7.500% 6/01/29 CCC 2,454,900
3,000   Clear Channel Worldwide Holdings Inc, 144A, (8)     5.125% 8/15/27 B+ 3,077,250
4,040   Diamond Sports Group LLC / Diamond Sports Finance Co, 144A     5.375% 8/15/26 CCC+ 2,282,600
3,000   Diamond Sports Group LLC / Diamond Sports Finance Co, 144A     6.625% 8/15/27 CC 894,645
4,000   Houghton Mifflin Harcourt Publishers Inc, 144A, (8)     9.000% 2/15/25 BB+ 4,240,000
12   iHeartCommunications Inc     6.375% 5/01/26 B+ 12,332
20,127   Total Media           16,767,024
    Metals & Mining – 0.4% (0.3% of Total Investments)            
2,000   First Quantum Minerals Ltd, 144A, (8)     6.500% 3/01/24 B 2,030,000
2,120   First Quantum Minerals Ltd, 144A, (8)     6.875% 10/15/27 B 2,263,100
4,120   Total Metals & Mining           4,293,100
    Oil, Gas & Consumable Fuels – 2.2% (1.3% of Total Investments)            
1,404   Baytex Energy Corp, 144A, (8)     5.625% 6/01/24 B+ 1,415,583
2,575   Callon Petroleum Co, (8)     6.125% 10/01/24 B- 2,540,367
2,000   Callon Petroleum Co, 144A     9.000% 4/01/25 N/R 2,150,000
2,000   CITGO Petroleum Corp, 144A, (8)     7.000% 6/15/25 BB 2,061,200
1,450   Gulfport Energy Operating Corp, 144A, (8)     8.000% 5/17/26 BB- 1,605,875
1,535   Laredo Petroleum Inc     9.500% 1/15/25 B 1,578,118
1,700   Matador Resources Co     5.875% 9/15/26 B+ 1,755,437
16

Principal Amount (000)   Description (1)     Coupon Maturity Ratings (4) Value
    Oil, Gas & Consumable Fuels (continued)            
$6,503   NGL Energy Operating LLC / NGL Energy Finance Corp, 144A, (8)     7.500% 2/01/26 BB- $6,594,497
750   NGL Energy Partners LP / NGL Energy Finance Corp, (8)     7.500% 4/15/26 CCC+ 641,025
19,917   Total Oil, Gas & Consumable Fuels           20,342,102
    Pharmaceuticals – 0.9% (0.6% of Total Investments)            
913   Endo Dac / Endo Finance LLC / Endo Finco Inc, 144A     6.000% 6/30/28 CCC- 636,817
7,000   Horizon Therapeutics USA Inc, 144A, (8)     5.500% 8/01/27 BB- 7,376,250
362   Par Pharmaceutical Inc, 144A, (8)     7.500% 4/01/27 B- 365,168
8,275   Total Pharmaceuticals           8,378,235
    Software – 0.2% (0.1% of Total Investments)            
1,500   SS&C Technologies Inc, 144A, (8)     5.500% 9/30/27 B+ 1,578,750
    Specialty Retail – 0.1% (0.1% of Total Investments)            
675   PetSmart Inc / PetSmart Finance Corp, 144A, (8)     7.750% 2/15/29 CCC+ 729,486
545   Staples Inc, 144A, (8)     7.500% 4/15/26 B 550,880
1,220   Total Specialty Retail           1,280,366
    Trading Companies & Distributors – 1.0% (0.6% of Total Investments)            
3,000   Air Lease Corp, (8)     2.300% 2/01/25 BBB 3,060,647
6,000   Air Lease Corp, (8)     3.000% 2/01/30 BBB 6,068,431
9,000   Total Trading Companies & Distributors           9,129,078
    Wireless Telecommunication Services – 0.5% (0.3% of Total Investments)            
4,000   Hughes Satellite Systems Corp, (8)     5.250% 8/01/26 BBB- 4,465,000
$185,681   Total Corporate Bonds (cost $178,638,455)           182,986,252
    
Shares   Description (1)           Value
    COMMON STOCKS – 1.3% (0.8% of Total Investments)            
    Diversified Consumer Services – 0.1% (0.1% of Total Investments)            
41,905   Cengage Learning Holdings II Inc, (9), (10)           $817,147
    Electric Utilities – 0.4% (0.3% of Total Investments)            
80,962   Energy Harbor Corp, (9), (10), (11)           3,876,056
    Energy Equipment & Services – 0.0% (0.0% of Total Investments)            
31,358   Vantage Drilling International, (9), (10)           146,348
    Health Care Providers & Services – 0.1% (0.0% of Total Investments)            
211,860   Millennium Health LLC, (7), (10)           197,877
198,883   Millennium Health LLC, (7), (10)           165,869
    Total Health Care Providers & Services           363,746
17

JQC Nuveen Credit Strategies Income Fund (continued)
  Portfolio of Investments October 31, 2021
  (Unaudited)
Shares   Description (1)           Value
    Internet & Direct Marketing Retail – 0.0% (0.0% of Total Investments)            
9,796   Catalina Marketing Corp, (9), (10)           $28,575
    Media – 0.0% (0.0% of Total Investments)            
105,553   Clear Channel Outdoor Holdings Inc, (10)           306,104
8   Cumulus Media Inc, (10)           99
17,987   Tribune Co, (9), (10)           180
    Total Media           306,383
    Multiline Retail – 0.0% (0.0% of Total Investments)            
196   Belk Inc, (9), (10)           3,528
    Oil, Gas & Consumable Fuels – 0.5% (0.3% of Total Investments)            
39,795   California Resources Corp, (10)           1,835,743
31,033   Fieldwood Energy LLC, (9), (10)           3,180,883
    Total Oil, Gas & Consumable Fuels           5,016,626
    Professional Services – 0.2% (0.1% of Total Investments)            
164,472   Skillsoft Corp, (7), (10)           1,884,208
    Total Common Stocks (cost $18,417,295)           12,442,617
    
Shares   Description (1)           Value
    WARRANTS – 0.3% (0.2% of Total Investments)            
    Communications Equipment – 0.0% (0.0% of Total Investments)            
37,723   Avaya Holdings Corp, (9)           $73,560
    Media – 0.0% (0.0% of Total Investments)            
4,644   Tenerity Inc, (7)           5
    Oil, Gas & Consumable Fuels – 0.3% (0.2% of Total Investments)            
629   California Resources Corp           9,743
17,602   Fieldwood Energy LLC, (9)           1,804,205
37,801   Fieldwood Energy LLC, (9)           359,110
72,802   Fieldwood Energy LLC, (9)           400,411
128,834   Total Oil, Gas & Consumable Fuels           2,573,469
    Entertainment – 0.0% (0.0% of Total Investments)            
266,347   Cineworld Warrant, (9)           103,342
    Total Warrants (cost $6,752,229)           2,750,376
    
18

Principal Amount (000)   Description (1)     Coupon Maturity Ratings (4) Value
    CONVERTIBLE BONDS – 0.2% (0.1% of Total Investments)            
    Media – 0.2% (0.1% of Total Investments)            
$2,000   DISH Network Corp, (8)     3.375% 8/15/26 B1 $2,037,673
$2,000   Total Convertible Bonds (cost $2,073,498)           2,037,673
    Total Long-Term Investments (cost $1,495,010,731)           1,486,020,645
    
Shares   Description (1)   Coupon       Value
    SHORT-TERM INVESTMENTS – 1.9% (1.2% of Total Investments)            
    INVESTMENT COMPANIES – 1.9% (1.2% of Total Investments)            
17,729,946   BlackRock Liquidity Funds T-Fund Portfolio   0.005% (12)       $17,729,946
    Total Short-Term Investments (cost $17,729,946)           17,729,946
    Total Investments (cost $1,512,740,677) – 160.2%           1,503,750,591
    Borrowings – (42.8)% (13), (14)           (402,000,000)
    Reverse Repurchase Agreements, including accrued interest – (15.1)% (15)           (142,117,498)
    Other Assets Less Liabilities – (2.3)%           (20,882,670)
    Net Assets Applicable to Common Shares – 100%           $938,750,423
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
19

JQC Nuveen Credit Strategies Income Fund (continued)
  Portfolio of Investments October 31, 2021
  (Unaudited)
The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Variable Rate Senior Loan Interests $ — $1,273,977,444 $11,826,283 $1,285,803,727
Corporate Bonds  — 182,986,252  — 182,986,252
Common Stocks 2,141,946 8,052,717 2,247,954 12,442,617
Warrants 9,743 2,740,628 5 2,750,376
Convertible Bonds  — 2,037,673  — 2,037,673
Short-Term Investments:        
Investment Companies 17,729,946  —  — 17,729,946
Total $19,881,635 $1,469,794,714 $14,074,242 $1,503,750,591
    
  Level 3
  Variable Rate
Senior Loan
Interests
Common Stocks Warrants
Balance at the beginning of period $11,733,256 $1,577,863 $5
Gains (losses):      
Net realized gains (losses) 60  –   – 
Change in net unrealized appreciation (depreciation) 29,925 670,271  – 
Purchases at cost  –   –   – 
Sales at proceeds (39,106)  –   – 
Net discounts (premiums) 102,148  –   – 
Transfers into  –   –   – 
  Transfers (out of)  –  (180)  – 
Balance at the end of period $11,826,283 $2,247,954 $5
Change in net unrealized appreciation (depreciation) during the period of Level 3 securities held as of period end $29,925 $670,271 $162
    
  Level 1   Level 2   Level 3
  Transfers In (Transfers Out)   Transfers In (Transfers Out)   Transfers In (Transfers Out)
Variable Rate Senior Loan Interests $ — $ —   $180 $ —   $ — $(180)
20

  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.  
(2) Senior loans generally pay interest at rates which are periodically adjusted by reference to a base short-term, floating lending rate (Reference Rate) plus an assigned fixed rate (Spread). These floating lending rates are generally (i) the lending rate referenced by the London Inter-Bank Offered Rate (“LIBOR”), or (ii) the prime rate offered by one or more major United States banks. Senior loans may be considered restricted in that the Fund ordinarily is contractually obligated to receive approval from the agent bank and/or borrower prior to the disposition of a senior loan. The rate shown is the coupon as of the end of the reporting period.  
(3) Senior Loans generally are subject to mandatory and/or optional prepayment. Because of these mandatory prepayment conditions and because there may be significant economic incentives for a borrower to prepay, prepayments of senior loans may occur. As a result, the actual remaining maturity of senior loans held may be substantially less than the stated maturities shown.  
(4) 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.  
(5) Investment, or portion of investment, represents an outstanding unfunded senior loan commitment.  
(6) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(7) Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3.  
(8) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in reverse repurchase agreements. As of the end of the reporting period, investments with a value of $163,026,457 have been pledged as collateral for reverse repurchase agreements.  
(9) For fair value measurement disclosure purposes, investment classified as Level 2.  
(10) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(11) Common Stock received as part of the bankruptcy settlements during February 2020 for Bruce Mansfield Unit 1 2007 Pass-Through Trust.  
(12) The rate shown is the annualized seven-day subsidized yield as of end of the reporting period.  
(13) Borrowings as a percentage of Total Investments is 26.7%.  
(14) The Fund segregates 100% of its eligible investments (excluding any investments separately pledged as collateral for specific investments in derivatives, when applicable) in the Portfolio of Investments as collateral for borrowings.  
(15) Reverse Repurchase Agreements, including accrued interest as a percentage of Total Investments is 9.5%.  
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.  
DD1 Portion of investment purchased on a delayed delivery basis.  
LIBOR London Inter-Bank Offered Rate  
N/A Not Applicable.  
PIK Payment-in-kind (“PIK”) security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where applicable, represents the annualized rate of the last PIK payment made by the issuer as of the end of the reporting period.  
REIT Real Estate Investment Trust  
TBD Senior loan purchased on a when-issued or delayed-delivery basis. Certain details associated with this purchase are not known prior to the settlement date of the transaction. In addition, senior loans typically trade without accrued interest and therefore a coupon rate is not available prior to settlement. At settlement, if still unknown, the borrower or counterparty will provide the Fund with the final coupon rate and maturity date.  
WI/DD Purchased on a when-issued or delayed delivery basis.  
21