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 811-22518

Nuveen Short Duration Credit Opportunities Fund
(Exact name of registrant as specified in charter)
			333 West Wacker Drive, Chicago, Illinois 60606
			(Address of principal executive offices) (Zip code)
			Kevin J. McCarthy—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:	7/31
Date of reporting period:		10/31/2011

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 (Unaudited)

Nuveen Short Duration Credit Opportunities Fund  (JSD)

October 31, 2011

						Weighted
Principal						Average
Amount (000)					Description (1)	Coupon	Maturity (2)	Ratings (3)	Value
					Variable Rate Senior Loan Interests – 112.0% (72.5% of Total Investments) (4)
					Aerospace & Defense – 1.1% (0.7% of Total Investments)
$	2,000				DigitalGlobe, Inc., Term Loan	5.750%	10/12/18	BB+	$     2,003,334
					Airlines – 1.0% (0.7% of Total Investments)
1,995					Delta Air Lines, Inc., Term Loan	5.500%	4/20/17	Ba2	1,945,125
					Auto Components – 0.7% (0.4% of Total Investments)
1,280					Autoparts Holdings, Ltd., Term Loan	6.500%	7/29/17	B+	1,281,600
					Automobiles – 0.8% (0.5% of Total Investments)
1,495					Chrysler Group LLC, Term Loan	6.000%	5/24/17	BB	1,416,823
					Biotechnology – 3.6% (2.3% of Total Investments)
2,083					Alkermes, Inc., Term Loan, First Lien	6.750%	9/16/17	BB	2,078,125
2,000					Alkermes, Inc., Term Loan, Second Lien	9.500%	9/16/18	B	1,980,000
2,985					Onex Carestream Finance LP, Term Loan	5.000%	2/25/17	BB-	2,686,990
7,068					Total Biotechnology				6,745,115
					Building Products – 0.8% (0.5% of Total Investments)
1,000					Goodman Global Inc., Second Lien Term Loan	9.000%	10/28/17	B-	1,006,875
500					Norit Holdings, B.V., Term Loan	6.750%	6/30/17	BB-	487,500
1,500					Total Building Products				1,494,375
					Capital Markets – 1.3% (0.8% of Total Investments)
2,494					Citco III Limited, Term Loan	6.250%	6/29/18	BB-	2,425,172
					Chemicals – 3.6% (2.4% of Total Investments)
3,000					Ashland, Inc., Term Loan, WI/DD	TBD	TBD	Baa3	3,017,499
970					Ineos US Finance LLC, Tranche B2, WI/DD	TBD	TBD	Ba3	997,522
1,030					Ineos US Finance LLC, Tranche C2, WI/DD	TBD	TBD	Ba3	1,059,978
2,000					PQ Corporation, Term Loan, Second Lien	6.750%	7/30/15	B-	1,776,666
7,000					Total Chemicals				6,851,665
					Commercial Banks – 0.6% (0.4% of Total Investments)
1,170					Ocwen Financial Corporation, Initial Term Loan	7.000%	9/01/16	B1	1,165,612
					Commercial Services & Supplies – 2.3% (1.5% of Total Investments)
1,499					Ceridian Corporation, US Term Loan, WI/DD	TBD	TBD	B1	1,373,498
181					ServiceMaster Company, Delayed Term Loan	2.750%	7/24/14	B+	173,283
1,814					ServiceMaster Company, Term Loan	2.760%	7/24/14	B+	1,740,055
1,000					SkillSoft Corporation, Add on Term Loan	6.500%	10/21/17	BB-	1,000,000
4,494					Total Commercial Services & Supplies				4,286,836
					Communications Equipment – 4.5% (2.9% of Total Investments)
1,990					Aspect Software, Inc., Term Loan, Tranche B	6.250%	5/07/16	Ba3	1,999,848
1,990					Avaya, Inc., Term Loan B3	4.814%	10/26/17	B1	1,835,376
1,995					DG FastChannel, Inc., Term Loan	5.750%	7/26/18	BB-	1,975,050
2,689					Telcordia Technologies, Inc., New Term Loan	6.750%	4/30/16	B+	2,675,563
8,664					Total Communications Equipment				8,485,837
					Consumer Finance – 1.0% (0.6% of Total Investments)
2,000					Springleaf Financial Funding Company, Term Loan	5.500%	5/10/17	B+	1,842,084
					Containers & Packaging – 2.8% (1.8% of Total Investments)
1,990					Amscan Holdings, Inc., New Term Loan	6.750%	12/02/17	B	1,963,211
3,242					Sealed Air Corporation, Term Loan, DD1	4.750%	10/03/18	Ba1	3,279,020
5,232					Total Containers & Packaging				5,242,231
					Diversified Consumer Services – 3.5% (2.3% of Total Investments)
1,496					Cengage Learning Acquisitions, Inc., Term Loan	2.500%	7/03/14	B+	1,290,858
2,490					Brickman Group Holdings, Inc., Tranche B, Term Loan, DD1	7.250%	10/14/16	B+	2,489,975
2,985					Laureate Education, Inc., Extended Term Loan	5.250%	6/16/18	B1	2,802,169
6,971					Total Diversified Consumer Services				6,583,002
					Diversified Financial Services – 1.4% (0.9% of Total Investments)
2,571					UPC Broadband Holding BV, Term Loan, Tranche AB, WI/DD	TBD	TBD	Ba3	2,552,143
					Diversified Telecommunication Services – 0.5% (0.3% of Total Investments)
1,000					WideOpenWest Finance LLC, New Term Loan, Series A	6.742%	6/30/14	B1	966,250
					Electrical Equipment – 0.5% (0.3% of Total Investments)
1,000					Sensus Metering Systems, Inc., Term Loan, Second Lien	8.500%	5/09/18	B-	970,000
					Electronic Equipment & Instruments – 0.7% (0.5% of Total Investments)
1,500					Smart Modular Technologies, Inc., Term Loan	8.250%	8/26/17	B+	1,365,000
					Energy Equipment & Services – 2.7% (1.8% of Total Investments)
1,950					EnergySolutions LLC, Term Loan	6.250%	8/15/16	BB+	1,930,838
3,214					Gibson Energy ULC, Term Loan	5.750%	6/15/18	BB-	3,222,202
5,164					Total Energy Equipment & Services				5,153,040
					Food & Staples Retailing – 1.4% (0.9% of Total Investments)
2,600					Reynolds Group Holdings, Inc., Add on Term Loan	6.500%	8/09/18	BB-	2,593,770
					Food Products – 1.3% (0.8% of Total Investments)
998					Del Monte Foods Company, Term Loan	4.500%	3/08/18	Ba3	975,056
1,496					JBS USA LLC, Term Loan	4.250%	5/25/18	BB	1,473,806
2,494					Total Food Products				2,448,862
					Health Care Equipment & Supplies – 1.9% (1.2% of Total Investments)
3,600					Chiron Merger Sub, Inc., Term Loan, WI/DD	TBD	TBD	Ba2	3,614,342
					Health Care Providers & Services – 11.0% (7.1% of Total Investments)
1,899					Community Health Systems, Inc., Term Loan	2.569%	7/25/14	BB	1,846,778
997					Health Management Associates, Inc., Term Loan	2.119%	2/28/14	BB-	979,763
977					Sun Healthcare Group, Inc., Term Loan	7.500%	10/18/16	Ba2	747,614
1,000					Ardent Health Services, Term Loan	6.500%	9/15/15	B1	978,750
97					Community Health Systems, Inc., Delayed Term Loan	2.569%	7/25/14	BB	94,753
2,693					Golden Living, Term Loan	5.000%	5/04/18	B+	2,461,933
2,000					HCA, Inc., Tranche B2, Term Loan	3.619%	3/31/17	BB	1,945,626
1,990					HCR ManorCare, Term Loan	5.000%	4/06/18	Ba3	1,800,950
1,247					IASIS Healthcare LLC, Term Loan B	5.000%	5/03/18	Ba3	1,221,930
998					Kindred Healthcare, Term Loan	5.250%	6/01/18	Ba3	932,662
1,816					LifeCare Holdings, Inc., Term Loan Add On	13.651%	2/01/16	Caa1	1,729,622
157					LifeCare, Term Loan	8.148%	2/01/16	Caa1	149,976
2,040					National Mentor Holdings, Inc., Tranche B	7.000%	2/09/17	B+	1,886,769
1,990					Renal Advantage, Inc., Tranche B, Term Loan	5.750%	12/17/16	Ba3	1,992,462
1,995					Select Medical Corporation, Term Loan	5.500%	6/01/18	BB-	1,855,350
21,896					Total Health Care Providers & Services				20,624,938
					Health Care Technology – 2.6% (1.7% of Total Investments)
4,033					Emdeon Business Services LLC, Term Loan, WI/DD	TBD	TBD	Ba3	4,064,845
1,000					Fenwal, Inc., Term Loan, Second Lien	5.573%	8/28/14	B-	908,750
5,033					Total Health Care Technology				4,973,595
					Hotels, Restaurants & Leisure – 3.3% (2.1% of Total Investments)
1,785					24 Hour Fitness Worldwide, Inc., New Term Loan	6.750%	4/22/16	Ba3	2,323,774
2,000					Caesars Octavius LLC, Term Loan	9.250%	4/25/17	B	1,950,000
1,925					CCM Merger, Inc., Term Loan	7.000%	3/01/17	B+	1,917,741
5,710					Total Hotels, Restaurants & Leisure				6,191,515
					Household Durables – 1.9% (1.2% of Total Investments)
500					GRD Holding III Corporation, Term Loan, WI/DD	TBD	TBD	B+	450,000
3,172					Spectrum Brands, Inc., Term Loan, WI/DD	TBD	TBD	B1	3,167,843
3,672					Total Household Durables				3,617,843
					Household Products – 0.5% (0.3% of Total Investments)
899					Visant Corporation, Term Loan	5.250%	12/22/16	BB-	854,733
					Industrial Conglomerates – 5.5% (3.6% of Total Investments)
998					Eagle Parent, Inc., Term Loan	5.000%	5/16/18	Ba3	978,173
2,000					NES Rentals Holdings, Inc., Permanent Term Loan, Second Lien	10.000%	7/20/13	CCC+	1,900,000
1,900					Presidio, Inc., Term Loan	7.250%	3/31/17	Ba3	1,871,500
892					Property Data I, Inc., Term Loan	7.000%	1/04/17	Ba3	755,177
2,000					SRAM LLC, Term Loan, Second Lien	8.500%	12/07/18	B-	2,010,000
2,985					U.S. Foodservice, Inc., Term Loan, First Lien	5.750%	3/31/17	B-	2,824,556
10,775					Total Industrial Conglomerates				10,339,406
					Internet Software & Services – 5.9% (3.8% of Total Investments)
2,425					Go Daddy Operating Co., LLC, Term Loan, First Lien, WI/DD	TBD	TBD	Ba3	2,426,516
1,995					San Juan Cable LLC, Term Loan B, First Lien	6.000%	6/09/17	B+	1,960,088
2,000					San Juan Cable LLC, Term Loan, Second Lien	10.000%	6/09/18	CCC+	1,950,000
2,000					SkillSoft Corporation, Term Loan	6.500%	5/26/17	BB-	2,000,000
3,100					Web.com, Term Loan, First Lien, WI/DD	TBD	TBD	Ba3	2,784,188
11,520					Total Internet Software & Services				11,120,792
					IT Services – 10.2% (6.6% of Total Investments)
2,000					Attachmate Corporation, Second Lien Term Loan	9.500%	10/27/17	CCC+	1,910,000
2,500					Attachmate Corporation, Term Loan	6.500%	4/27/17	BB-	2,446,875
2,000					First Data Corporation, Extended Term Loan	4.245%	3/26/18	B+	1,738,000
3,761					Frac Tech International LLC, Term Loan	6.250%	5/06/16	B+	3,746,623
3,976					Infor Global Solutions Intermediate Holdings, Ltd., Term Loan B2	7.250%	7/28/15	B+	3,598,343
3,000					SRA International, Term Loan	6.500%	7/20/18	B1	2,851,251
3,000					VFH Parent LLC, Term Loan	7.500%	7/08/16	BBB-	2,962,500
20,237					Total IT Services				19,253,592
					Leisure Equipment & Products – 2.2% (1.4% of Total Investments)
1,804					BLB Management Services, Inc., Term Loan	8.500%	11/05/15	BB	1,788,052
2,000					Academy, Ltd., Term Loan	6.000%	8/03/18	B	1,986,666
325					Bombardier Recreational Products, Inc., Term Loan	2.899%	6/28/13	B2	316,191
4,129					Total Leisure Equipment & Products				4,090,909
					Machinery – 0.5% (0.3% of Total Investments)
1,000					Brock Holdings III, Inc., Term Loan, Second Lien	10.000%	3/16/18	B-	930,000
					Media – 2.5% (1.6% of Total Investments)
2,000					Cumulus Media, Inc., Term Loan, First Lien	5.750%	9/16/18	Ba2	1,980,000
1,000					Cumulus Media, Inc., Term Loan, Second Lien	7.500%	3/18/19	B2	985,000
1,772					Miramax Film LLC, Term Loan	7.750%	6/22/16	Ba2	1,772,358
4,772					Total Media				4,737,358
					Metals & Mining – 1.1% (0.7% of Total Investments)
2,000					Fairmount Minerals, Ltd., Tranche B, Term Loan	5.250%	3/15/17	BB-	1,995,000
					Multiline Retail – 1.0% (0.7% of Total Investments)
1,995					Bass Pro Group LLC, Term Loan B	5.250%	6/13/17	BB-	1,960,088
					Oil, Gas & Consumable Fuels – 3.5% (2.3% of Total Investments)
3,485					Western Refining, Inc., Term Loan	7.500%	3/15/17	B	3,505,328
55					Alon USA Energy, Inc., Edgington Facility	2.557%	8/05/13	B+	50,423
443					Alon USA Energy, Inc., Paramount Facility	2.549%	8/05/13	B+	403,380
1,318					Big West Oil LLC, Term Loan	7.000%	3/31/16	B+	1,334,659
1,250					Buffalo Gulf Coast Terminals, Term Loan, WI/DD	TBD	TBD	BB+	1,265,625
6,551					Total Oil, Gas & Consumable Fuels				6,559,415
					Paper & Forest Products – 0.3% (0.2% of Total Investments)
499					Exopack LLC, Term Loan B	6.500%	5/31/17	B1	493,762
					Pharmaceuticals – 2.6% (1.7% of Total Investments)
1,990					ConvaTec Healthcare, Term Loan	5.750%	12/30/16	Ba3	1,945,201
1,995					Quintiles Transnational Corporation, Term Loan B	5.000%	6/08/18	BB-	1,977,544
456					Warner Chilcott Corporation, Term Loan B1	4.250%	3/17/18	BBB-	453,337
228					Warner Chilcott Corporation, Term Loan B2	4.250%	3/17/18	BBB-	226,669
313					Warner Chilcott Corporation, Term Loan B3	4.250%	3/17/18	BBB-	311,669
4,982					Total Pharmaceuticals				4,914,420
					Real Estate Investment Trust – 3.4% (2.2% of Total Investments)
2,616					iStar Financial, Inc., Tranche A1	5.000%	6/28/13	BB-	2,600,016
171					Realogy Corporation, Synthetic Letter of Credit	4.495%	10/10/16	B1	150,005
1,350					Walter Investment Management Corporation, Term Loan, First Lien	7.750%	6/30/16	B+	1,350,000
2,250					Walter Investment Management Corporation, Term Loan, Second Lien	12.500%	12/30/16	B-	2,238,750
6,387					Total Real Estate Investment Trust				6,338,771
					Real Estate Management & Development – 2.7% (1.7% of Total Investments)
1,829					Realogy Corporation, Delayed Term Loan	4.522%	10/10/16	B1	1,607,573
3,491					Capital Automotive LP, Tranche B	5.000%	3/11/17	Ba3	3,447,795
5,320					Total Real Estate Management & Development				5,055,368
					Road & Rail – 1.8% (1.2% of Total Investments)
2,314					Swift Transportation Company, Inc., Term Loan	6.000%	12/21/16	BB-	2,322,200
1,000					Avis Budget Car Rental LLC, Term Loan, Tranche B	6.250%	9/22/18	Ba1	1,005,313
3,314					Total Road & Rail				3,327,513
					Semiconductors & Equipment – 0.5% (0.4% of Total Investments)
1,000					Microsemi Corporation, Term Loan	5.750%	2/03/18	BB+	1,007,500
					Software – 4.9% (3.2% of Total Investments)
3,000					BlackBoard, Inc., Term Loan, First Lien	7.500%	9/23/18	B+	2,901,750
3,800					IPC Systems, Inc., Term Loan, Second Lien	5.619%	6/01/15	CCC	3,249,000
1,000					IPC Systems, Inc., Term Loan	2.619%	6/02/14	B1	912,500
1,000					Vertafore, Inc., Term Loan, Second Lien	9.750%	10/29/17	CCC+	965,833
1,247					Vertafore, Inc., Term Loan	5.250%	7/29/16	B+	1,226,600
10,047					Total Software				9,255,683
					Specialty Retail – 5.3% (3.4% of Total Investments)
1,500					Michaels Stores, Inc., Term Loan B1	2.662%	10/31/13	B+	1,474,286
2,494					Toys “R” Us – Delaware Inc., Term Loan	6.000%	9/01/16	BB-	2,462,531
1,980					Burlington Coat Factory Warehouse Corporation, Term Loan B	6.250%	2/23/17	B-	1,941,058
1,692					J Crew Group, Term Loan	4.750%	3/07/18	B1	1,591,279
1,094					Jo-Ann Stores, Inc., Term Loan	4.750%	3/16/18	B+	1,055,260
1,471					Sports Authority, Inc., Term Loan B	7.500%	11/16/17	B-	1,427,088
10,231					Total Specialty Retail				9,951,502
					Wireless Telecommunication Services – 0.8% (0.6% of Total Investments)
2,000					Clear Channel Communications, Inc., Tranche B, Term Loan	3.896%	1/29/16	CCC+	1,585,312
$		217,261			Total Variable Rate Senior Loan Interests (cost $212,901,982)				210,611,233
Principal
Amount (000)					Description (1)	Coupon	Maturity	Ratings (3)	Value
					Corporate Bonds – 21.2% (13.7% of Total Investments)
					Building Products – 1.1% (0.7% of Total Investments)
$	2,000				McJunkin Red Man Corporation	9.500%	12/15/16	B-	$    2,040,000
					Communications Equipment – 0.9% (0.6% of Total Investments)
2,000					Avaya Inc.	9.750%	11/01/15	CCC+	1,770,000
					Diversified Financial Services – 1.1% (0.7% of Total Investments)
1,000					CIT Group Inc.	7.000%	5/01/16	B+	1,001,250
1,000					CIT Group Inc.	7.000%	5/01/17	B+	1,000,000
2,000					Total Diversified Financial Services				2,001,250
					Diversified Telecommunication Services – 1.1% (0.7% of Total Investments)
1,500					IntelSat Bermuda Limited, 144A	11.500%	2/15/17	CCC+	1,500,000
500					IntelSat Bermuda Limited	11.500%	2/04/17	CCC+	500,000
2,000					Total Diversified Telecommunication Services				2,000,000
					Health Care Equipment & Supplies – 2.4% (1.5% of Total Investments)
2,700					Chiron Merger Sub Inc., 144A	10.500%	11/01/18	B	2,730,375
2,000					Kindred Escrow Corporation, 144A	8.250%	6/01/19	B-	1,770,000
4,700					Total Health Care Equipment & Supplies				4,500,375
					Health Care Providers & Services – 1.7% (1.1% of Total Investments)
2,000					HCA Inc.	8.500%	4/15/19	BB	2,200,000
1,000					Vanguard Health Holding LLC/Inc.	8.000%	2/01/18	B-	1,022,500
3,000					Total Health Care Providers & Services				3,222,500
					Hotels, Restaurants & Leisure – 2.5% (1.7% of Total Investments)
1,000					Harrah’s Operating Company, Inc.	11.250%	6/01/17	B	1,070,000
1,700					Reynolds Group, 144A	9.875%	8/15/19	B-	1,700,000
2,000					Sven Seas Cruises S de RL LLC, 144A	9.125%	5/15/19	B-	2,040,000
4,700					Total Hotels, Restaurants & Leisure				4,810,000
					Household Products – 1.5% (1.0% of Total Investments)
2,500					Sprectum Brands Inc.	9.500%	6/15/18	B1	2,775,000
					IT Services – 0.6% (0.4% of Total Investments)
1,000					First Data Corporation	11.250%	3/31/16	CCC+	890,000
250					Sterling Merger Inc.	11.000%	10/01/19	CCC+	247,500
1,250					Total IT Services				1,137,500
					Media – 1.3% (0.8% of Total Investments)
500					AMC Networks Inc., 144A	7.750%	7/15/21	B+	542,500
2,000					Clear Channel Communications, Inc.	10.750%	8/01/16	CCC-	1,460,000
500					Readers Digest Association	9.500%	2/15/17	B3	400,000
3,000					Total Media				2,402,500
					Metals & Mining – 1.0% (0.7% of Total Investments)
2,000					Quadra FNX Mining Limited, 144A	7.750%	6/15/19	BB-	1,940,000
					Oil, Gas & Consumable Fuels – 1.7% (1.1% of Total Investments)
1,000					Arch Coal Inc., 144A	7.250%	6/15/21	B+	1,030,000
2,000					Chaparral Energy Inc.	9.875%	10/01/20	B-	2,170,000
3,000					Total Oil, Gas & Consumable Fuels				3,200,000
					Pharmaceuticals – 3.0% (1.9% of Total Investments)
2,000					Valeant Pharmaceuticals International, 144A	7.000%	10/01/20	BB	1,980,000
500					Valeant Pharmaceuticals International, 144A	7.250%	7/15/22	BB	492,500
3,000					Warner Chilcott Company LLC	7.750%	9/15/18	BB	3,127,500
5,500					Total Pharmaceuticals				5,600,000
					Software – 1.3% (0.8% of Total Investments)
2,550					SoftBrands Inc/Atlantis, 144A	11.500%	7/15/18	B-	2,448,000
$			40,200		Total Corporate Bonds (cost $39,333,733)				39,847,125
Principal
Amount (000)					Description (1)	Coupon	Maturity		Value
					Short-Term Investments – 21.3% (13.8% of Total Investments)
$				40,006	Repurchase Agreement with Fixed Income Clearing Corporation, dated 10/31/11, repurchase price $40,006,048, collateralized by $40,810,000 U.S. Treasury Bills, 0.000%, due 12/29/11, value $40,809,347	0.010%	11/01/11		$    40,006,037
					Total Short-Term Investments (cost $40,006,037)				40,006,037
					Total Investments (cost $292,241,752) – 154.5%				290,464,395
					Borrowings – (39.9)% (5), (6)				(75,000,000	)
					Other Assets Less Liabilities – (14.6)% (7)				(27,433,078	)
					Net Assets Applicable to Common Shares – 100%				$  188,031,317

Investments in Derivatives at October 31, 2011:

Interest Rate Swaps outstanding:

		Fund			Fixed Rate			Unrealized
	Notional	Pay/Receive			Payment	Effective	Termination	Appreciation
Counterparty	Amount	Floating Rate	Floating Rate Index	Fixed Rate*	Frequency	Date (8)	Date	(Depreciation)
Barclays Bank PLC	$17,500,000	Receive	1-Month USD-LIBOR	1.143%	Monthly	9/15/11	9/15/16	$        25,405
Morgan Stanley	17,500,000	Receive	1-Month USD-LIBOR	0.588	Monthly	9/15/11	9/15/14	(11,467	)
Morgan Stanley	17,500,000	Receive	1-Month USD-LIBOR	1.659	Monthly	9/15/11	9/15/18	95,536
								$      109,474

* Annualized

Fair Value Measurements

Fair value is defined as the price that the Fund would receive 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 three-tier hierarchy of inputs is summarized in the three broad levels listed below:

Level 1 — Quoted prices in active markets for identical securities.

Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3 — 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 October 31, 2011:

			Level 1	Level 2			Level 3		Total
Investments:
Variable Rate Senior Loan Interests			$          –	$    210,611,233			$          –		$    210,611,233
Corporate Bonds			–	39,847,125			–		39,847,125
Short-Term Investments			–	40,006,037			–		40,006,037
Derivatives:
Interest Rate Swaps*			–	109,474			–		109,474
Total			$          –	$    290,573,869			$          –		$    290,573,869
* Represents net unrealized appreciation (depreciation) as reported in the Fund’s Portfolio of Investments.
During the period ended October 31, 2011, the Fund recognized no significant transfers to or from Level 1, Level 2 or Level 3.
Derivative Instruments and Hedging Activities
The Funds record derivative instruments at fair value, with changes in fair value recognized on the Statement of Operations, when applicable. Even though the Funds’ investments in derivatives may represent economic hedges, they are not considered to be hedge transactions for financial reporting purposes.
The following table presents the fair value of all derivative instruments held by the Funds as of October 31, 2011, the location of these instruments on the Statement of Assets and Liabilities, and the primary underlying risk exposure.
		Location on the Statement of Assets and Liabilities
Underlying	Derivative	Asset Derivatives				Liability Derivatives
Risk Exposure	Instrument	Location			Value	Location				Value
Interest Rate	Swaps	Net unrealized appreciation on interest rate swaps*			$ 120,941	Net unrealized depreciation on interest rate swaps*				11,467
*  Value represents cumulative gross unrealized appreciation (depreciation) of swap contracts as reported in the Fund’s Portfolio of Investments.
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 the treatment of paydown gains and losses, timing differences in recognizing certain gains and losses on investment transactions and recognition of premium amortization. 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.
At October 31, 2011, the cost of investments (excluding investments in derivatives) was $292,291,996.
Gross unrealized appreciation and gross unrealized depreciation of investments (excluding investments in derivatives) at October 31, 2011, were as follows:
Gross unrealized:
Appreciation								$     3,278,715
Depreciation								(5,106,316			)
Net unrealized appreciation (depreciation) of investments								$   (1,827,601			)

	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 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.
(3)	Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. 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)	Senior Loans generally pay interest at rates which are periodically adjusted by reference to a base short-term, floating lending rate plus an assigned fixed rate. 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.
(5)	Borrowings as a percentage of Total Investments is 25.8%.
(6)	The Fund segregates 100% of its eligible investments in the Portfolio of Investments as collateral for Borrowings.
(7)	Other Assets Less Liabilities includes the Value and/or Unrealized Appreciation (Depreciation) of derivative instruments as noted in Investments in Derivatives at October 31, 2011.
(8)	Effective date represents the date on which both the Fund and Counterparty commence interest payment accruals on each forward swap contract.
DD1	Investment, or portion of investment, purchased on a delayed delivery basis.
WI/DD	Purchased on a when-issued or delayed delivery basis.
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.
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 weighted average coupon rate is not available prior to settlement. At settlement, if still unknown, the Borrower or counterparty will provide the Fund with the final weighted average coupon rate and maturity date.
USD-LIBOR	United States Dollar — London Inter-Bank Offered Rate.

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: 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 Short Duration Credit Opportunities Fund
By (Signature and Title)	/s/ Kevin J. McCarthy
	Kevin J. McCarthy
	Vice President and Secretary

Date December 30, 2011

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/ Gifford R. Zimmerman
	Gifford R. Zimmerman
	Chief Administrative Officer (principal executive officer)

Date December 30, 2011

By (Signature and Title)	/s/ Stephen D. Foy
	Stephen D. Foy
	Vice President and Controller (principal financial officer)

Date December 30, 2011