NPORT-EX 2 JSD.htm
JSD
Nuveen Short Duration Credit Opportunities Fund
Portfolio of Investments    October 31, 2020
(Unaudited)
Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    LONG-TERM INVESTMENTS – 154.1% (96.8% of Total Investments)            
    VARIABLE RATE SENIOR LOAN INTERESTS – 136.0% (85.5% of Total Investments) (2)            
    Aerospace & Defense – 1.8% (1.2% of Total Investments)            
$360   MacDonald, Dettwiler and Associates, Ltd., Term Loan B 2.900% 1-Month LIBOR 2.750% 10/05/24 B $347,507
211   Standard Aero, Term Loan B1 3.720% 3-Month LIBOR 3.500% 4/08/26 B- 189,540
113   Standard Aero, Term Loan B2 3.720% 3-Month LIBOR 3.500% 4/08/26 B- 101,903
1,840   Transdigm, Inc., Term Loan F 2.398% 1-Month LIBOR 2.250% 12/09/25 Ba3 1,735,792
249   Transdigm, Inc., Term Loan G 2.398% 1-Month LIBOR 2.250% 8/22/24 Ba3 235,322
2,773   Total Aerospace & Defense           2,610,064
    Air Freight & Logistics – 0.6% (0.4% of Total Investments)            
86   PAE Holding Corp, Delayed Draw, (WI/DD) TBD TBD TBD TBD B 84,944
722   XPO Logistics, Inc., Term Loan B 2.148% 1-Month LIBOR 2.000% 2/24/25 BBB- 709,533
808   Total Air Freight & Logistics           794,477
    Airlines – 1.7% (1.1% of Total Investments)            
407   American Airlines, Inc., Term Loan B 2.145% 1-Month LIBOR 2.000% 4/28/23 Ba3 339,945
778   American Airlines, Inc., Term Loan B 1.906% 1-Month LIBOR 1.750% 1/29/27 Ba3 586,018
183   American Airlines, Inc., Term Loan B 2.148% 1-Month LIBOR 2.000% 12/14/23 Ba3 153,209
700   Delta Air Lines SkyMiles, Term Loan B 4.750% 3-Month LIBOR 3.750% 10/20/27 Baa1 698,687
742   WestJet Airlines, Term Loan 4.000% 6-Month LIBOR 3.000% 12/11/26 BB- 656,689
2,810   Total Airlines           2,434,548
    Auto Components – 2.0% (1.2% of Total Investments)            
99   Adient Global Holdings, Initial Term Loan 4.421% 3-Month LIBOR 4.250% 5/06/24 Ba3 98,302
832   DexKo Global, Inc., Term Loan B 4.500% 1-Month LIBOR 3.500% 7/24/24 B1 814,515
972   Johnson Controls Inc., Term Loan B 3.648% 1-Month LIBOR 3.500% 4/30/26 B1 946,867
500   Les Schwab Tire Centers, Term Loan B, (WI/DD) TBD TBD TBD TBD B 496,250
449   Superior Industries International, Inc., Term Loan B 4.148% 1-Month LIBOR 3.500% 5/23/24 B1 427,743
2,852   Total Auto Components           2,783,677
    Banks – 0.1% (0.0% of Total Investments)            
91   iQor US, Inc., DIP Term Loan, (5) 11.000% 3-Month LIBOR 10.000% 4/01/22 N/R 85,636
    Beverages – 0.4% (0.2% of Total Investments)            
533   Jacobs Douwe Egberts, Term Loan B 2.188% 1-Month LIBOR 2.000% 11/01/25 BB+ 532,119
1

JSD Nuveen Short Duration Credit Opportunities Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Biotechnology – 0.6% (0.4% of Total Investments)            
$910   Grifols, Inc., Term Loan B, First Lien 2.094% 1-Week LIBOR 2.000% 11/15/27 Ba2 $888,926
    Building Products – 1.0% (0.6% of Total Investments)            
319   Ply Gem Industries, Inc., Term Loan B 3.895% 1-Month LIBOR 3.750% 4/12/25 B+ 313,720
1,135   Quikrete Holdings, Inc., Term Loan B 2.645% 1-Month LIBOR 2.500% 1/31/27 BB- 1,115,555
1,454   Total Building Products           1,429,275
    Capital Markets – 2.2% (1.4% of Total Investments)            
178   RPI Finance Trust, Term Loan B1 1.898% 1-Month LIBOR 1.750% 2/11/27 BBB- 177,843
2,408   Sequa Mezzanine Holdings LLC, Extended Term Loan, (cash 6.750%, PIK 1.000%) 7.750% 3-Month LIBOR 6.750% 7/31/23 B- 2,284,567
782   Sequa Mezzanine Holdings LLC, Second Lien Term Loan 5.875% 3-Month LIBOR 4.875% 7/31/24 CCC- 625,439
3,368   Total Capital Markets           3,087,849
    Chemicals – 0.7% (0.4% of Total Investments)            
416   Ineos US Finance LLC, Term Loan 2.148% 1-Month LIBOR 2.000% 3/31/24 BBB- 405,083
250   Lummus Technology, Term Loan 4.148% 1-Month LIBOR 4.000% 6/30/27 B+ 246,386
319   PQ Corporation, Incremental Term Loan B 4.000% 3-Month LIBOR 3.000% 2/07/27 BB- 317,245
985   Total Chemicals           968,714
    Commercial Services & Supplies – 4.9% (3.1% of Total Investments)            
250   Amentum Government Services Holdings LLC, Term Loan B, (WI/DD) TBD TBD TBD TBD N/R 245,312
359   Brand Energy & Infrastructure Services, Inc., Term Loan B, First Lien 5.250% 3-Month LIBOR 4.250% 6/21/24 B- 335,740
2,878   Formula One Group, Term Loan B 3.500% 1-Month LIBOR 2.500% 2/01/24 B+ 2,774,739
289   Garda World Security Corp, Term Loan B, First Lien 4.900% 1-Month LIBOR 4.750% 10/30/26 BB+ 288,171
954   GFL Environmental, Term Loan 4.000% 3-Month LIBOR 3.000% 5/31/25 BB- 946,967
132   Harland Clarke Holdings Corporation, Term Loan B7 5.750% 3-Month LIBOR 4.750% 11/03/23 CCC+ 104,110
778   iQor US, Inc., Term Loan, First Lien, (5) 0.000% N/A N/A 4/01/21 D 506,574
167   iQor US, Inc., Term Loan, Second Lien, (5) 0.000% N/A N/A 4/01/22 D 6,667
277   KAR Auction Services, Inc., Term Loan B6 2.438% 1-Month LIBOR 2.250% 9/19/26 Ba3 266,962
423   PAE Holding Corp, New Term Loan B, (WI/DD) TBD TBD TBD TBD B 419,055
68   Pitney Bowes Inc., Term Loan B 5.645% 1-Month LIBOR 5.500% 1/07/25 BBB- 67,248
425   Robertshaw US Holding Corp., Initial Term Loan, First Lien 4.500% 3-Month LIBOR 3.500% 2/28/25 B3 392,258
109   Sabert Corporation, Initial Term Loan 5.500% 1-Month LIBOR 4.500% 12/10/26 B 107,537
170   Travelport LLC, Priority Debt Term Loan, (WI/DD) TBD TBD TBD TBD B+ 161,015
2

Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Commercial Services & Supplies (continued)            
$326   West Corporation, Incremental Term Loan B1 4.500% 1-Month LIBOR 3.500% 10/10/24 BB+ $304,042
7,605   Total Commercial Services & Supplies           6,926,397
    Communications Equipment – 1.7% (1.1% of Total Investments)            
137   Avaya, Inc., Term Loan B 4.398% 1-Month LIBOR 4.250% 12/15/24 BB- 134,567
863   CommScope, Inc., Term Loan B 3.398% 1-Month LIBOR 3.250% 4/04/26 Ba3 836,269
663   Mitel US Holdings, Inc., Term Loan, First Lien 4.648% 1-Month LIBOR 4.500% 11/30/25 B- 546,901
563   Plantronics, Term Loan B 2.647% 1-Month LIBOR 2.500% 7/02/25 Ba2 540,073
378   Riverbed Technology, Inc., Term Loan B, First Lien 4.250% 3-Month LIBOR 3.250% 4/24/22 B2 340,416
67   Univision Communications, Inc., Term Loan C5 3.750% 1-Month LIBOR 2.750% 3/15/24 B 64,796
2,671   Total Communications Equipment           2,463,022
    Construction & Engineering – 0.9% (0.6% of Total Investments)            
158   Pike Corp, Term Loan B 3.285% 1-Month LIBOR 3.000% 7/24/26 BB- 156,263
1,254   Traverse Midstream Partners, Term Loan B 6.500% 1-Month LIBOR 5.500% 9/27/24 B 1,161,822
1,412   Total Construction & Engineering           1,318,085
    Consumer Finance – 0.5% (0.3% of Total Investments)            
728   Verscend Technologies, Tern Loan B 4.648% 1-Month LIBOR 4.500% 8/27/25 B+ 716,537
    Containers & Packaging – 1.6% (1.0% of Total Investments)            
339   Berry Global, Inc., Term Loan W 2.147% 1-Month LIBOR 2.000% 10/01/22 BBB- 335,679
741   Berry Global, Inc., Term Loan Y 2.147% 1-Month LIBOR 2.000% 7/01/26 BBB- 718,136
795   Reynolds Group Holdings, Inc., Term Loan, First Lien 1.898% 1-Month LIBOR 1.750% 2/04/27 BB+ 781,149
450   Reynolds Group Holdings, Inc., Term Loan, First Lien 3.398% 1-Month LIBOR 3.250% 2/16/26 B+ 440,156
2,325   Total Containers & Packaging           2,275,120
    Distributors – 0.5% (0.3% of Total Investments)            
209   Insurance Auto Actions Inc., Term Loan 2.438% 1-Month LIBOR 2.250% 6/28/26 BB+ 204,067
572   SRS Distribution, Inc., Term Loan B 3.148% 1-Month LIBOR 3.000% 5/24/25 B 555,786
781   Total Distributors           759,853
    Diversified Consumer Services – 1.6% (1.0% of Total Investments)            
1,254   Cengage Learning Acquisitions, Inc., Term Loan B 5.250% 3-Month LIBOR 4.250% 6/07/23 B- 1,126,057
1,166   Refinitiv, Term Loan B 3.398% 1-Month LIBOR 3.250% 10/01/25 BB+ 1,150,688
2,420   Total Diversified Consumer Services           2,276,745
    Diversified Financial Services – 1.7% (1.1% of Total Investments)            
420   Blackstone CQP, Term Loan 3.725% 3-Month LIBOR 3.500% 9/30/24 B+ 411,399
3

JSD Nuveen Short Duration Credit Opportunities Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Diversified Financial Services (continued)            
$990   Ditech Holding Corporation., Term Loan B, First Lien, (5) 0.000% N/A N/A 6/30/22 N/R $298,287
871   Inmarsat Finance, Term Loan, First Lien 5.500% 1-Month LIBOR 4.500% 12/12/26 B+ 854,301
335   Lions Gate Entertainment Corp., Term Loan B 2.398% 1-Month LIBOR 2.250% 3/24/25 Ba2 324,377
220   Orion Advisor Solutions, Term Loan, First Lien 5.000% 3-Month LIBOR 4.000% 9/24/27 BB- 217,319
369   Sotheby's, Term Loan B 6.500% 1-Month LIBOR 5.500% 1/15/27 B+ 367,580
3,205   Total Diversified Financial Services           2,473,263
    Diversified Telecommunication Services – 6.3% (3.9% of Total Investments)            
378   Altice France S.A., Term Loan B12 3.836% 1-Month LIBOR 3.688% 1/31/26 B 367,456
3,292   CenturyLink, Inc, Term Loan B 2.398% 1-Month LIBOR 2.250% 3/15/27 BB+ 3,175,383
3,407   Frontier Communications Corporation, Term Loan B, (5) 6.000% Prime 2.750% 6/15/24 N/R 3,358,316
195   Intelsat Jackson Holdings, S.A., Term Loan B4, (5) 8.750% Prime 5.500% 1/02/24 N/R 196,689
312   Intelsat Jackson Holdings, S.A., Term Loan B5, (5) 8.625% N/A N/A 1/02/24 N/R 314,832
1,365   Numericable Group S.A., Term Loan B13 4.237% 3-Month LIBOR 4.000% 8/14/26 B 1,330,232
109   Zayo Group LLC, Initial Dollar Term Loan 3.148% 1-Month LIBOR 3.000% 3/09/27 B1 105,692
9,058   Total Diversified Telecommunication Services           8,848,600
    Electric Utilities – 0.8% (0.5% of Total Investments)            
316   ExGen Renewables, Term Loan 4.000% 3-Month LIBOR 3.000% 11/28/24 BB- 314,410
249   Pacific Gas & Electric, Term Loan, First Lien 5.500% 3-Month LIBOR 4.500% 6/23/25 BB 247,318
572   Vistra Operations Co., Term Loan B3 1.895% 1-Month LIBOR 1.750% 12/31/25 Baa3 560,639
1,137   Total Electric Utilities           1,122,367
    Electrical Equipment – 0.8% (0.5% of Total Investments)            
723   Avolon LLC, Term Loan B4 2.250% 1-Month LIBOR 1.500% 2/10/27 Baa2 692,606
497   Vertiv Co.,Term Loan B 3.148% 1-Month LIBOR 3.000% 3/02/27 B+ 490,286
1,220   Total Electrical Equipment           1,182,892
    Electronic Equipment, Instruments & Components – 0.3% (0.2% of Total Investments)            
405   TTM Technologies, Inc., Term Loan B 2.649% 1-Month LIBOR 2.500% 9/28/24 BB+ 398,869
    Entertainment – 0.5% (0.3% of Total Investments)            
239   AMC Entertainment, Inc., Term Loan B 3.220% 3-Month LIBOR 3.000% 4/22/26 CCC 135,631
116   Cineworld Group PLC, Second Amendment Dollar, Term Loan 3.019% 6-Month LIBOR 2.750% 9/20/26 CCC 64,939
500   Springer SBM Two GmbH, Term Loan B16 4.500% 1-Month LIBOR 3.500% 8/14/24 B2 497,621
855   Total Entertainment           698,191
4

Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Equity Real Estate Investment Trust – 0.7% (0.4% of Total Investments)            
$77   Gardner Denver, Inc., New Term Loan B 2.898% 1-Month LIBOR 2.750% 1/31/27 BB+ $76,569
934   Realogy Group LLC, Term Loan A 2.398% 1-Month LIBOR 2.250% 2/08/23 BB- 907,172
1,011   Total Equity Real Estate Investment Trust           983,741
    Financials – 0.1% (0.1% of Total Investments)            
105   Red Ventures, Term Loan B 2.648% 1-Month LIBOR 2.500% 11/08/24 BB 100,882
    Food & Staples Retailing – 1.7% (1.1% of Total Investments)            
481   BellRing Brands, Term Loan, First Lien 6.000% 1-Month LIBOR 5.000% 10/21/24 B+ 483,837
81   BJ's Wholesale Club, Inc., Term Loan, First Lien 2.145% 1-Month LIBOR 2.000% 2/03/24 BB 79,197
1,979   US Foods, Inc., New Term Loan 1.898% 1-Month LIBOR 1.750% 6/27/23 BB- 1,898,855
2,541   Total Food & Staples Retailing           2,461,889
    Food Products – 0.5% (0.3% of Total Investments)            
557   American Seafoods Group LLC, Term Loan B 3.750% 3-Month LIBOR 2.750% 8/21/23 BB- 554,361
150   Froneri Lux FinCo SARL, Term Loan, First Lien 2.395% 1-Month LIBOR 2.250% 1/31/27 B1 144,551
707   Total Food Products           698,912
    Health Care Equipment & Supplies – 1.3% (0.8% of Total Investments)            
545   Greatbatch Ltd., New Term Loan B 3.500% 1-Month LIBOR 2.500% 10/27/22 B+ 540,780
283   LifeScan, Term Loan B, (DD1) 6.234% 3-Month LIBOR 6.000% 10/01/24 B 266,797
534   MedPlast, Term Loan, First Lien 3.898% 1-Month LIBOR 3.750% 7/02/25 B3 493,208
713   Vyaire Medical, Inc., Term Loan B 5.750% 3-Month LIBOR 4.750% 4/30/25 B3 533,474
2,075   Total Health Care Equipment & Supplies           1,834,259
    Health Care Providers & Services – 12.1% (7.6% of Total Investments)            
1,000   Air Medical, Term Loan B 5.750% 3-Month LIBOR 4.750% 10/02/25 B 971,875
238   Air Methods, Term Loan, First Lien 4.500% 3-Month LIBOR 3.500% 4/21/24 B 204,876
483   Ardent Health, Term Loan, First Lien 5.500% 1-Month LIBOR 4.500% 6/28/25 B1 482,074
931   Brightspring Health, Term Loan B 3.397% 1-Month LIBOR 3.250% 3/05/26 N/R 902,773
493   Catalent Pharma Solutions, Inc., Dollar Term Loan B2 3.250% 1-Month LIBOR 2.250% 5/17/26 BBB- 491,372
292   Civitas Solutions, Term Loan B 4.400% 1-Month LIBOR 4.250% 3/08/26 B 287,467
13   Civitas Solutions, Term Loan C 4.400% 1-Month LIBOR 4.250% 3/08/26 B 13,122
200   DaVita, Inc., Term Loan B 1.898% 1-Month LIBOR 1.750% 8/12/26 BBB- 196,232
914   Envision Healthcare Corporation, Initial Term Loan 3.898% 1-Month LIBOR 3.750% 10/10/25 Caa1 656,495
67   HCA, Inc., Term Loan B13 1.898% 1-Month LIBOR 1.750% 3/18/26 BBB- 66,762
464   Heartland Dental Care, Inc., Term Loan, First Lien 3.648% 1-Month LIBOR 3.500% 4/30/25 B3 426,923
481   InnovaCare, Initial Term Loan 6.750% 3-Month LIBOR 5.750% 11/06/26 B+ 482,155
562   Jordan Health, Initial Term Loan, First Lien 5.270% 3-Month LIBOR 5.000% 5/15/25 Caa1 482,559
5

JSD Nuveen Short Duration Credit Opportunities Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Health Care Providers & Services (continued)            
$1,492   Kindred at Home Hospice, Term Loan B, First Lien 3.438% 1-Month LIBOR 3.250% 7/02/25 B1 $1,464,144
1,971   Lifepoint Health, Inc., New Term Loan B 3.898% 1-Month LIBOR 3.750% 11/16/25 B1 1,916,739
4,017   Pharmaceutical Product Development, Inc., Term Loan B 3.500% 1-Month LIBOR 2.500% 8/18/22 Ba2 3,994,552
103   Quorum Health Corp, Term Loan, (5) 9.250% 3-Month LIBOR 8.250% 4/29/22 N/R 96,018
1,955   Select Medical Corporation, Term Loan B 2.780% 3-Month LIBOR 2.500% 3/06/25 Ba2 1,912,802
1,258   Surgery Center Holdings Inc., Initial Term Loan 4.250% 1-Month LIBOR 3.250% 9/03/24 B2 1,196,184
1,130   Team Health, Inc., Initial Term Loan 3.750% 1-Month LIBOR 2.750% 2/06/24 B 925,690
18,064   Total Health Care Providers & Services           17,170,814
    Health Care Technology – 2.9% (1.8% of Total Investments)            
1,261   Emdeon, Inc., Term Loan 3.500% 3-Month LIBOR 2.500% 3/01/24 B+ 1,233,398
1,402   Onex Carestream Finance LP, New Extended Term Loan, First Lien 7.750% 3-Month LIBOR 6.750% 5/05/23 N/R 1,356,716
879   Onex Carestream Finance LP, New Extended Term Loan, Second Lien, (cash 6.750%, PIK 8.000%) 6.750% 3-Month LIBOR 4.500% 8/05/23 CCC+ 663,599
844   Zelis, Term Loan B 4.898% 1-Month LIBOR 4.750% 9/30/26 B 839,711
4,386   Total Health Care Technology           4,093,424
    Hotels, Restaurants & Leisure – 13.5% (8.5% of Total Investments)            
593   24 Hour Fitness Worldwide, Inc., DIP Term Loan, (5) 11.000% 3-Month LIBOR 10.000% 6/15/21 N/R 464,143
716   24 Hour Fitness Worldwide, Inc., Term Loan B, (5) 0.000% N/A N/A 5/31/25 D 16,478
217   Boyd Gaming Corporation, Refinancing Term Loan B 2.344% 1-Week LIBOR 2.250% 9/15/23 BB- 211,808
2,159   Burger King Corporation, Term Loan B4 1.898% 1-Month LIBOR 1.750% 11/19/26 BB+ 2,076,484
375   Caesars Resort Collection, Term Loan 4.649% 3-Month LIBOR 4.500% 7/20/25 B+ 364,103
3,844   Caesars Resort Collection, Term Loan, First Lien 2.898% 1-Month LIBOR 2.750% 12/22/24 B+ 3,615,119
274   Carnival Corp, Term Loan B 8.500% 1-Month LIBOR 7.500% 6/30/25 BB+ 277,467
1,097   CCM Merger, Inc., Term Loan B 4.500% Prime 1.250% 8/09/21 BB 1,092,205
1,600   CityCenter Holdings LLC, Term Loan B 3.000% 1-Month LIBOR 2.250% 4/18/24 B+ 1,509,742
1,073   ClubCorp Operations, Inc., Term Loan B 2.970% 3-Month LIBOR 2.750% 9/18/24 B- 907,822
1,443   Equinox Holdings, Inc., Term Loan B1 4.000% 3-Month LIBOR 3.000% 3/08/24 Caa1 1,061,108
378   Golden Nugget LLC, Initial Term Loan B 3.250% 1-Month LIBOR 2.500% 10/04/23 B 334,865
127   Hilton Hotels, Term Loan B2 1.899% 1-Month LIBOR 1.750% 6/21/26 BBB- 121,057
856   Life Time Fitness, Inc., Term Loan B 3.750% 3-Month LIBOR 2.750% 6/10/22 B 793,300
439   PCI Gaming, Term Loan, First Lien 2.648% 1-Month LIBOR 2.500% 5/31/26 BBB- 425,412
982   Penn National Gaming, Inc., Term Loan B 3.000% 1-Month LIBOR 2.250% 10/15/25 BB- 951,094
6

Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Hotels, Restaurants & Leisure (continued)            
$2,239   Scientific Games Corp., Initial Term Loan B5 2.898% 1-Month LIBOR 2.750% 8/14/24 B+ $2,088,983
236   Seaworld Parks and Entertainment, Inc., Term Loan B5 3.750% 1-Month LIBOR 3.000% 3/31/24 B2 221,336
1,184   Stars Group Holdings, Term Loan B 3.720% 3-Month LIBOR 3.500% 7/10/25 BBB- 1,184,913
1,465   Station Casinos LLC, Term Loan B 2.500% 1-Month LIBOR 2.250% 2/08/27 BB- 1,408,554
21,297   Total Hotels, Restaurants & Leisure           19,125,993
    Household Durables – 0.5% (0.3% of Total Investments)            
240   Apex Tool Group LLC, Third Amendment Term Loan 6.500% 1-Month LIBOR 5.250% 8/21/24 B3 228,199
48   Serta Simmons Holdings LLC, First Out Term Loan 8.305% 1-Month LIBOR 7.500% 6/01/27 N/R 47,711
217   Serta Simmons Holdings LLC, Second Out Term Loan 8.500% 1-Month LIBOR 7.500% 6/01/27 N/R 186,269
175   Weber-Stephen Products LLC, Term Loan B, (WI/DD) TBD TBD TBD TBD B1 173,579
680   Total Household Durables           635,758
    Household Products – 0.7% (0.4% of Total Investments)            
579   KIK Custom Products Inc., Term Loan B2 5.000% 3-Month LIBOR 4.000% 5/15/23 B1 574,756
367   Reynolds Group Holdings, Inc., Term Loan, First Lien 2.898% Prime 1.750% 2/05/23 B+ 361,266
946   Total Household Products           936,022
    Industrial Conglomerates – 0.5% (0.3% of Total Investments)            
731   Education Adisory Board, Term Loan, First Lien 4.750% 6-Month LIBOR 3.750% 9/29/24 B2 711,141
    Insurance – 1.4% (0.9% of Total Investments)            
882   Acrisure LLC, Term Loan B 3.648% 1-Month LIBOR 3.500% 2/15/27 B 852,504
991   Hub International Holdings, Inc., Term Loan B 3.215% 3-Month LIBOR 3.000% 4/25/25 B 955,134
175   Ryan Specialty Group LLC, Term Loan B 4.000% 1-Month LIBOR 3.250% 9/01/27 B1 174,016
2,048   Total Insurance           1,981,654
    Interactive Media & Services – 2.6% (1.6% of Total Investments)            
2,745   Rackspace Hosting, Inc., Refinancing Term Loan B, First Lien 4.000% 3-Month LIBOR 3.000% 11/03/23 B+ 2,690,167
983   WeddingWire, Inc., Term Loan 4.713% 2-Month LIBOR 4.500% 12/21/25 B+ 926,006
3,728   Total Interactive Media & Services           3,616,173
    Internet & Direct Marketing Retail – 0.5% (0.3% of Total Investments)            
750   1-800 Contacts, Term Loan, First Lien, (WI/DD) TBD TBD TBD TBD B 742,654
7

JSD Nuveen Short Duration Credit Opportunities Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Internet Software & Services – 3.8% (2.4% of Total Investments)            
$960   Ancestry.com, Inc., Term Loan, First Lien 4.750% 1-Month LIBOR 3.750% 10/19/23 B $960,138
415   Blue Yonder, Term Loan B 4.000% 1-Month LIBOR 3.000% 1/30/26 B- 407,794
328   Dynatrace LLC, Term Loan, First Lien 2.398% 1-Month LIBOR 2.250% 8/23/25 BB- 322,982
548   Ellucian, Term Loan, First Lien 4.500% 3-Month LIBOR 3.750% 10/07/27 B 539,865
1,388   Epicor Software Corporation, Term Loan, First Lien 5.250% 1-Month LIBOR 4.250% 7/31/27 B2 1,384,547
1,714   Greeneden U.S. Holdings II LLC, Term Loan B 3.398% 1-Month LIBOR 3.250% 10/08/27 B- 1,690,561
5,353   Total Internet Software & Services           5,305,887
    IT Services – 4.6% (2.9% of Total Investments)            
387   DTI Holdings, Inc., Replacement Term Loan B1 5.750% 3-Month LIBOR 4.750% 9/30/23 CCC+ 343,783
390   GTT Communications, Inc., Term Loan, First Lien, (WI/DD) TBD TBD TBD TBD B3 335,687
485   KBR, Inc., New Term Loan B 2.898% 1-Month LIBOR 2.750% 2/07/27 Ba1 480,212
210   Neustar, Inc., Term Loan B4, First Lien 4.500% 1-Month LIBOR 3.500% 8/08/24 B+ 198,232
1,244   Sabre, Inc., Term Loan B 2.750% 1-Month LIBOR 2.000% 2/22/24 Ba3 1,177,393
1,500   Syniverse Holdings, Inc., Initial Term Loan, Second Lien 10.000% 3-Month LIBOR 9.000% 3/11/24 CCC- 827,580
1,475   Syniverse Holdings, Inc., Term Loan C 6.000% 3-Month LIBOR 5.000% 3/09/23 CCC+ 1,157,497
1,457   West Corporation, Term Loan B 5.000% 1-Month LIBOR 4.000% 10/10/24 BB- 1,360,850
718   WEX, Inc., Term Loan B3 2.398% 1-Month LIBOR 2.250% 5/17/26 Ba2 695,085
7,866   Total IT Services           6,576,319
    Life Sciences Tools & Services – 1.0% (0.6% of Total Investments)            
1,464   Parexel International Corp., Term Loan B 2.898% 1-Month LIBOR 2.750% 9/27/24 B2 1,406,985
    Machinery – 2.0% (1.3% of Total Investments)            
750   Alliance Laundry Systems LLC, Term Loan B 4.250% 3-Month LIBOR 3.500% 10/08/27 B 744,844
690   Gardner Denver, Inc., Extended Term Loan B 1.898% 1-Month LIBOR 1.750% 2/28/27 Ba2 668,559
614   Gates Global LLC, Term Loan B 3.750% 1-Month LIBOR 2.750% 4/01/24 B1 603,512
22   NN, Inc., Extended 2017 Incremental Term Loan 5.898% 1-Month LIBOR 5.750% 10/19/22 B+ 21,521
46   NN, Inc., Term Loan 6.500% 1-Month LIBOR 5.750% 10/19/22 B+ 46,259
750   Thyssenkrupp Elevator, Term Loan B 4.570% 6-Month LIBOR 4.250% 7/31/27 B1 740,160
2,872   Total Machinery           2,824,855
    Marine – 0.3% (0.2% of Total Investments)            
965   Harvey Gulf International Marine, Inc., Exit Term Loan 7.005% 3-Month LIBOR 5.000% 7/02/23 B- 470,609
8

Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Media – 15.4% (9.7% of Total Investments)            
$270   Affinion Group Holdings, Inc., Consenting Term Loan, (cash 1.232%, PIK 1.750%) 2.982% 3-Month LIBOR 1.750% 4/10/24 N/R $178,292
68   Catalina Marketing Corporation, First Out Term Loan 8.500% 1-Month LIBOR 7.500% 2/15/23 N/R 42,839
104   Catalina Marketing Corporation, Last Out Term Loan, (cash 5.750%, PIK 9.500%) 5.750% 1-Month LIBOR 4.750% 8/15/23 N/R 16,889
103   CBS Radio, Inc., Term Loan B2 2.652% 1-Month LIBOR 2.500% 11/17/24 BB- 99,665
219   Cequel Communications LLC, Term Loan B 2.398% 1-Month LIBOR 2.250% 1/15/26 BB 212,550
968   Cineworld Group PLC, Term Loan B 2.769% 6-Month LIBOR 2.500% 2/28/25 CCC 548,760
2,278   Clear Channel Outdoor Holdings, Inc., Term Loan B 3.714% 3-Month LIBOR 3.500% 8/21/26 B1 2,083,097
717   CSC Holdings LLC, Refinancing Term Loan 2.398% 1-Month LIBOR 2.250% 7/17/25 BB 694,578
837   CSC Holdings, LLC, Term Loan B5 2.648% 1-Month LIBOR 2.500% 4/15/27 Ba3 812,703
149   Cumulus Media, Inc., Term Loan B 4.750% 3-Month LIBOR 3.750% 3/31/26 B 142,048
493   EW Scripps, Term Loan B2 2.648% 1-Month LIBOR 2.500% 5/01/26 BB+ 476,981
415   Gray Television, Inc., Term Loan B2 2.399% 1-Month LIBOR 2.250% 2/07/24 BB+ 405,564
241   Houghton Mifflin Harcourt, Term Loan 7.250% 1-Month LIBOR 6.250% 11/22/24 B 225,285
1,447   iHeartCommunications Inc., Term Loan B 3.148% 1-Month LIBOR 3.000% 5/01/26 B+ 1,362,266
677   IMG Worldwide, Inc., Term Loan B 2.900% 1-Month LIBOR 2.750% 5/16/25 B3 580,972
868   Intelsat Jackson Holdings, S.A., DIP Term Loan, (5), (6) 5.050% 3-Month LIBOR 5.500% 7/13/21 N/R 884,853
2,437   Intelsat Jackson Holdings, S.A., Term Loan B, (DD1), (5) 8.000% Prime 4.750% 11/27/23 N/R 2,456,232
402   LCPR Loan Financing LLC, Term Loan B 5.148% 1-Month LIBOR 5.000% 10/15/26 BB- 402,586
2,659   McGraw-Hill Education Holdings LLC, Term Loan B 5.000% 1-Week LIBOR 4.000% 5/04/22 BB+ 2,413,258
199   Meredith Corporation, Incremental Term Loan B 5.250% 1-Month LIBOR 4.250% 1/31/25 BB- 196,175
939   Meredith Corporation, Term Loan B2 2.648% 1-Month LIBOR 2.500% 1/31/25 BB- 910,721
883   Metro-Goldwyn-Mayer, Inc., Term Loan, First Lien 2.645% 1-Month LIBOR 2.500% 7/03/25 BB- 848,524
400   Metro-Goldwyn-Mayer, Inc., Term Loan, Second Lien 5.500% 1-Month LIBOR 4.500% 7/06/26 B3 391,000
576   Nexstar Broadcasting, Inc., Term Loan B 2.899% 1-Month LIBOR 2.750% 9/19/26 BB 563,118
987   Nexstar Broadcasting, Inc., Term Loan B3 2.402% 1-Month LIBOR 2.250% 1/17/24 BB 963,078
616   Sinclair Television Group, Term Loan B2 2.400% 1-Month LIBOR 2.250% 1/03/24 BB+ 598,577
346   Sinclair Television Group, Term Loan B2 2.650% 1-Month LIBOR 2.500% 9/30/26 BB+ 337,115
745   Virgin Media Bristol LLC, Term Loan, First Lien, (WI/DD) TBD TBD TBD TBD Ba3 731,963
1,221   WideOpenWest Finance LLC, Term Loan B 4.250% 1-Month LIBOR 3.250% 8/19/23 B 1,200,292
9

JSD Nuveen Short Duration Credit Opportunities Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Media (continued)            
$1,097   Ziggo B.V., Term Loan 2.648% 1-Month LIBOR 2.500% 4/30/28 BB $1,055,348
23,361   Total Media           21,835,329
    Multiline Retail – 0.8% (0.5% of Total Investments)            
1,409   Belk, Inc., Term Loan, First Lien 7.750% 3-Month LIBOR 6.750% 7/31/25 Caa1 491,354
609   EG America LLC, Term Loan, First Lien 4.220% 3-Month LIBOR 4.000% 2/05/25 B- 586,628
2,018   Total Multiline Retail           1,077,982
    Oil, Gas & Consumable Fuels – 3.6% (2.3% of Total Investments)            
721   BCP Renaissance Parent, Term Loan B 4.500% 2-Month LIBOR 3.500% 11/01/24 B+ 664,757
846   Buckeye Partners, Term Loan, First Lien 2.897% 1-Month LIBOR 2.750% 11/01/26 BBB- 832,159
1,253   California Resources Corporation, DIP Term Loan, (5) 10.000% 1-Month LIBOR 9.000% 1/15/21 Ba1 1,240,702
328   California Resources Corporation, Term Loan, (5) 0.000% N/A N/A 12/31/21 N/R 8,403
1,906   California Resources Corporation, Term Loan B, (5) 0.000% N/A N/A 12/31/22 N/R 715,150
443   Fieldwood Energy LLC, DIP Term Loan, (5), (6) 9.750% 1-Month LIBOR 8.750% 8/05/21 N/R 445,134
3,112   Fieldwood Energy LLC, Exit Term Loan, (DD1), (5) 0.000% N/A N/A 4/11/22 N/R 684,687
1,811   Fieldwood Energy LLC, Exit Term Loan, Second Lien, (5) 0.000% N/A N/A 4/11/23 N/R 2,771
593   Gulf Finance, LLC, Term Loan B 6.250% 1-Month LIBOR 5.250% 8/25/23 CCC+ 422,921
265   Peabody Energy Corporation, Term Loan B 2.898% 1-Month LIBOR 2.750% 3/31/25 B3 85,275
11,278   Total Oil, Gas & Consumable Fuels           5,101,959
    Paper & Forest Products – 0.5% (0.3% of Total Investments)            
710   Asplundh, Term Loan B 2.640% 1-Month LIBOR 2.500% 9/07/27 N/R 709,262
    Personal Products – 1.2% (0.8% of Total Investments)            
517   Coty, Inc., Term Loan A 1.890% 1-Month LIBOR 1.750% 4/05/23 B 472,722
131   Coty, Inc., Term Loan B 2.390% 1-Month LIBOR 2.250% 4/05/25 B 115,309
2,174   Revlon Consumer Products Corporation, Term Loan B, First Lien, (DD1), (7) 4.250% 3-Month LIBOR 3.500% 9/07/23 C 1,145,049
2,822   Total Personal Products           1,733,080
    Pharmaceuticals – 5.2% (3.3% of Total Investments)            
1,654   Concordia Healthcare Corp, Exit Term Loan 6.500% 1-Month LIBOR 5.500% 9/06/24 B- 1,618,106
322   Elanco Animal Health, Term Loan B 1.899% 1-Month LIBOR 1.750% 8/01/27 Baa3 315,767
1,335   Endo Health Solutions, Inc., Term Loan B 5.000% 3-Month LIBOR 4.250% 4/29/24 B+ 1,272,372
626   Mallinckrodt International Finance S.A., Term Loan B, First Lien, (5) 5.500% 3-Month LIBOR 4.750% 9/24/24 D 579,623
10

Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Pharmaceuticals (continued)            
$374   Mallinckrodt International Finance S.A., Term Loan, First Lien, (5) 5.750% 3-Month LIBOR 5.000% 2/24/25 D $346,074
500   Milano, Term Loan B 4.750% 3-Month LIBOR 4.000% 10/01/27 B+ 492,917
895   Valeant Pharmaceuticals International, Inc., Term Loan B 2.899% 1-Month LIBOR 2.750% 11/27/25 BB 876,263
1,921   Valeant Pharmaceuticals International, Inc., Term Loan, First Lien 3.149% 1-Month LIBOR 3.000% 6/02/25 BB 1,879,149
7,627   Total Pharmaceuticals           7,380,271
    Professional Services – 1.5% (0.9% of Total Investments)            
971   Ceridian HCM Holding, Inc., Term Loan B 2.594% 1-Week LIBOR 2.500% 4/30/25 B+ 941,342
322   Creative Artists Agency, LLC, Term Loan B 3.898% 1-Month LIBOR 3.750% 11/26/26 B 310,518
30   Dun & Bradstreet Corp.,Term Loan, First Lien 3.906% 1-Month LIBOR 3.750% 2/08/26 BB+ 29,452
821   Nielsen Finance LLC, Term Loan B4 2.147% 1-Month LIBOR 2.000% 10/04/23 BBB- 803,781
2,144   Total Professional Services           2,085,093
    Real Estate Management & Development – 1.6% (1.0% of Total Investments)            
1,345   GGP, Initial Term Loan A2 3.148% 1-Month LIBOR 3.000% 8/24/23 BB+ 1,188,899
1,000   TNT Crane and Rigging, Inc., Exit Term Loan, (WI/DD) TBD TBD TBD TBD B+ 1,025,000
2,345   Total Real Estate Management & Development           2,213,899
    Road & Rail – 3.1% (2.0% of Total Investments)            
373   Avolon LLC, Term Loan B3 2.500% 1-Month LIBOR 1.750% 1/15/25 Baa2 360,225
731   Ceva Group PLC, Term Loan B 5.220% 3-Month LIBOR 5.000% 8/03/25 B+ 692,202
995   Genesee & Wyoming Inc., Term Loan, First Lien 2.220% 3-Month LIBOR 2.000% 12/30/26 BB+ 975,543
430   Hertz Corporation, Term Loan, (WI/DD), (5) TBD TBD TBD TBD N/R 399,900
463   Hertz Corporation, Term Loan B1, (WI/DD), (5) TBD TBD TBD TBD N/R 434,054
646   Hertz Corporation, The DIP Term Loan 7.463% 3-Month LIBOR 7.250% 12/31/20 N/R 645,860
884   Quality Distribution, Incremental Term Loan, First Lien 6.500% 3-Month LIBOR 5.500% 8/18/22 B- 855,800
29   Savage Enterprises LLC, Term Loan B 3.150% 1-Month LIBOR 3.000% 8/01/25 BB 28,208
4,551   Total Road & Rail           4,391,792
    Semiconductors & Semiconductor Equipment – 1.2% (0.8% of Total Investments)            
440   Cabot Microelectronics, Term Loan B1 2.188% 1-Month LIBOR 2.000% 11/15/25 N/R 435,211
1,049   Lumileds, Term Loan B, (DD1) 4.500% 6-Month LIBOR 3.500% 6/30/24 CCC 497,039
136   Microchip Technology, Inc., Term Loan B 2.150% 1-Month LIBOR 2.000% 5/29/25 Baa3 135,047
706   ON Semiconductor Corporation, New Replacement Term Loan B4 2.148% 1-Month LIBOR 2.000% 9/19/26 BB+ 692,394
2,331   Total Semiconductors & Semiconductor Equipment           1,759,691
11

JSD Nuveen Short Duration Credit Opportunities Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Software – 10.8% (6.8% of Total Investments)            
$445   Autodata Solutions, Term Loan, First Lien 3.645% 1-Month LIBOR 3.500% 5/30/26 BB- $433,329
841   Blackboard, Inc., Term Loan B5, First Lien 7.000% 3-Month LIBOR 6.000% 6/30/24 B 815,994
993   DiscoverOrg LLC, Term Loan B 3.898% 1-Month LIBOR 3.750% 2/01/26 B+ 979,686
180   Globallogic Holdings, Inc., Incremental Term Loan B2 4.500% 1-Month LIBOR 3.750% 9/14/27 B 176,850
118   Greenway Health, Term Loan, First Lien 4.750% 3-Month LIBOR 3.750% 2/16/24 B- 105,815
1,250   Infoblox, Term Loan, First Lien, (WI/DD) TBD TBD TBD TBD B- 1,232,188
1,170   Informatica LLC, Term Loan, First Lien 3.398% 1-Month LIBOR 3.250% 2/14/27 B1 1,133,751
840   McAfee LLC, Term Loan B 3.895% 1-Month LIBOR 3.750% 9/29/24 BB 833,340
404   Micro Focus International PLC, New Term Loan 2.648% 1-Month LIBOR 2.500% 6/21/24 BB- 382,426
2,726   Micro Focus International PLC, Term Loan B 2.648% 1-Month LIBOR 2.500% 6/21/24 BB 2,582,618
455   Micro Focus International PLC, Term Loan B4 5.250% 3-Month LIBOR 4.250% 6/05/25 BB 453,807
616   Misys, New Term Loan, First Lien 4.500% 3-Month LIBOR 3.500% 6/13/24 BB- 583,225
124   Mitchell International, Inc., Initial Term Loan, First Lien 3.398% 1-Month LIBOR 3.250% 11/29/24 B2 119,018
133   Mitchell International, Inc., Initial Term Loan, Second Lien 7.398% 1-Month LIBOR 7.250% 11/30/25 CCC 127,667
446   Perforce Software Inc., Term Loan, First Lien 3.898% 1-Month LIBOR 3.750% 7/01/26 B- 435,246
70   Skillsoft, First-Out Rolled Up Exit Term Loan 8.500% 3-Month LIBOR 7.500% 4/28/21 N/R 70,371
434   Skillsoft, Takeback Second-Out Term Loan 8.500% 3-Month LIBOR 7.500% 4/27/25 B- 431,171
72   Skillsoft, Takeback Second-Out Term Loan 8.500% 3-Month LIBOR 7.500% 12/27/24 B+ 72,029
733   SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., New Term Loan B3 1.898% 1-Month LIBOR 1.750% 4/16/25 BB+ 714,323
515   SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., New Term Loan B4 1.898% 1-Month LIBOR 1.750% 4/16/25 BB+ 501,862
980   SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Term Loan B5 1.898% 1-Month LIBOR 1.750% 4/16/25 BB+ 954,359
258   Thomson Reuters IP & S, Term Loan B 3.148% 1-Month LIBOR 3.000% 10/31/26 B 251,813
446   TIBCO Software, Inc., Term Loan, First Lien 3.900% 1-Month LIBOR 3.750% 7/03/26 B+ 433,652
717   Ultimate Software, Incremental Term Loan 4.750% 3-Month LIBOR 4.000% 5/03/26 B1 714,560
495   Ultimate Software, Term Loan, First Lien 3.895% 1-Month LIBOR 3.750% 5/03/26 B1 487,506
247   Xperi Holding Corp, Term Loan B 4.148% 1-Month LIBOR 4.000% 6/01/25 BB- 239,366
15,708   Total Software           15,265,972
    Specialty Retail – 2.6% (1.6% of Total Investments)            
500   Academy, LTD., Term Loan, First Lien, (WI/DD) TBD TBD TBD TBD B 495,000
464   Petco Animal Supplies, Inc., Term Loan B1 4.250% 3-Month LIBOR 3.250% 1/26/23 B3 433,174
12

Principal Amount (000)   Description (1) Coupon (2) Reference
Rate (2)
Spread (2) Maturity (3) Ratings (4) Value
    Specialty Retail (continued)            
$905   Petsmart Inc., Term Loan B 4.000% 3-Month LIBOR 3.000% 3/11/22 B $902,754
1,621   Petsmart Inc., Term Loan B, First Lien 4.500% 3-Month LIBOR 3.500% 3/11/22 B 1,607,378
204   Staples, Inc., Term Loan, (WI/DD) TBD TBD TBD TBD B 188,531
3,694   Total Specialty Retail           3,626,837
    Technology Hardware, Storage & Peripherals – 3.7% (2.3% of Total Investments)            
750   Ahead, Term Loan B 6.000% 3-Month LIBOR 5.000% 10/16/27 B1 721,249
298   BMC Software, Inc., Term Loan B 4.398% 1-Month LIBOR 4.250% 10/02/25 B2 290,695
676   Conduent, Inc., Term Loan A 1.898% 1-Month LIBOR 1.750% 12/07/22 BB- 646,460
1,484   Dell International LLC, Refinancing Term Loan B1 2.750% 1-Month LIBOR 2.000% 9/19/25 Baa3 1,470,873
396   NCR Corporation, Term Loan B 2.650% 1-Month LIBOR 2.500% 8/28/26 BB+ 384,781
265   Tech Data Corporation, Asset Based Term Loan 3.652% 1-Month LIBOR 3.500% 7/01/25 BBB- 265,265
852   Tempo Acquisition, LLC, Extended Term Loan B 3.750% 1-Month LIBOR 3.250% 10/31/26 B1 825,999
595   Western Digital, Term Loan B 1.898% 1-Month LIBOR 1.750% 4/29/23 BBB- 591,633
5,316   Total Technology Hardware, Storage & Peripherals           5,196,955
    Trading Companies & Distributors – 0.4% (0.3% of Total Investments)            
197   Hayward Industries, Inc., Initial Term Loan, First Lien 3.648% 1-Month LIBOR 3.500% 8/04/24 B 192,372
387   Univar, Inc., Term Loan B 2.398% 1-Month LIBOR 2.250% 7/01/24 BB+ 379,582
584   Total Trading Companies & Distributors           571,954
    Transportation Infrastructure – 0.3% (0.2% of Total Investments)            
491   Atlantic Aviation FBO Inc., Term Loan 3.900% 1-Month LIBOR 3.750% 12/06/25 BB- 481,835
    Wireless Telecommunication Services – 0.2% (0.1% of Total Investments)            
495   Windstream Corporation, Term Loan, (5) 5.087% Prime 3.000% 4/24/21 N/R 302,774
$213,470   Total Variable Rate Senior Loan Interests (cost $207,625,432)         192,487,882
    
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (4) Value
    CORPORATE BONDS – 15.6% (9.8% of Total Investments)            
    Aerospace & Defense – 0.6% (0.4% of Total Investments)            
$510   Bombardier Inc, 144A     5.750% 3/15/22 B $484,500
350   Bombardier Inc, 144A     6.000% 10/15/22 B 317,625
860   Total Aerospace & Defense           802,125
    Auto Components – 0.9% (0.6% of Total Investments)            
730   Adient Global Holdings Ltd, 144A     4.875% 8/15/26 B 698,887
530   Adient US LLC, 144A     9.000% 4/15/25 Ba3 582,841
1,260   Total Auto Components           1,281,728
13

JSD Nuveen Short Duration Credit Opportunities Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (4) Value
    Chemicals – 0.2% (0.1% of Total Investments)            
$230   Olin Corp, 144A     9.500% 6/01/25 BB- $272,003
    Communications Equipment – 1.6% (1.0% of Total Investments)            
2,309   Intelsat Jackson Holdings SA, (5)     5.500% 8/01/23 N/R 1,353,651
1,460   Intelsat Jackson Holdings SA, 144A, (5)     9.750% 7/15/25 N/R 912,500
3,769   Total Communications Equipment           2,266,151
    Diversified Financial Services – 0.4% (0.2% of Total Investments)            
560   PetSmart Inc, 144A     7.125% 3/15/23 CCC+ 553,000
    Diversified Telecommunication Services – 0.7% (0.5% of Total Investments)            
375   Avaya Inc, 144A     6.125% 9/15/28 BB- 384,844
415   Consolidated Communications Inc     6.500% 10/01/22 CCC+ 415,000
220   Windstream Escrow LLC / Windstream Escrow Finance Corp, 144A     7.750% 8/15/28 B 212,575
1,010   Total Diversified Telecommunication Services           1,012,419
    Electric Utilities – 4.2% (2.7% of Total Investments)            
1,175   Bruce Mansfield Unit 1 2007 Pass-Through Trust, (5)     6.850% 6/01/34 N/R 1,469
280   Pacific Gas and Electric Co     3.850% 11/15/23 BBB- 294,621
178   Pacific Gas and Electric Co     3.450% 7/01/25 BBB- 184,866
1,335   Pacific Gas and Electric Co     3.150% 1/01/26 BBB- 1,363,556
935   Pacific Gas and Electric Co     3.300% 12/01/27 BBB- 945,101
178   Pacific Gas and Electric Co     3.750% 7/01/28 BBB- 182,394
203   Pacific Gas and Electric Co     4.550% 7/01/30 BBB- 217,300
1,335   Pacific Gas and Electric Co     4.500% 7/01/40 BBB- 1,371,941
915   Pacific Gas and Electric Co     4.750% 2/15/44 BBB- 943,846
300   Pacific Gas and Electric Co     4.250% 3/15/46 BBB- 291,517
207   Pacific Gas and Electric Co     4.950% 7/01/50 BBB- 218,207
7,041   Total Electric Utilities           6,014,818
    Energy Equipment & Services – 0.4% (0.2% of Total Investments)            
280   Bausch Health Cos Inc, 144A     6.125% 4/15/25 B 287,840
645   Nabors Industries Ltd, 144A     7.250% 1/15/26 B2 251,550
925   Total Energy Equipment & Services           539,390
    Entertainment – 0.2% (0.1% of Total Investments)            
500   AMC Entertainment Holdings Inc, 144A     10.500% 4/15/25 CCC 268,750
    Equity Real Estate Investment Trust – 0.8% (0.5% of Total Investments)            
1,035   Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC, 144A     7.875% 2/15/25 BB+ 1,097,100
    Gas Utilities – 0.8% (0.5% of Total Investments)            
1,050   Ferrellgas LP / Ferrellgas Finance Corp, 144A     10.000% 4/15/25 B3 1,145,812
14

Principal Amount (000)   Description (1)     Coupon Maturity Ratings (4) Value
    Health Care Providers & Services – 0.5% (0.3% of Total Investments)            
$50   HCA Inc     5.375% 2/01/25 Ba2 $55,366
125   Tenet Healthcare Corp     4.625% 7/15/24 BB- 127,113
485   Tenet Healthcare Corp, 144A     6.250% 2/01/27 B1 503,578
660   Total Health Care Providers & Services           686,057
    Hotels, Restaurants & Leisure – 0.2% (0.1% of Total Investments)            
96   1011778 BC ULC / New Red Finance Inc, 144A     5.000% 10/15/25 B+ 98,410
160   Carnival Corp, 144A     11.500% 4/01/23 BB+ 176,800
256   Total Hotels, Restaurants & Leisure           275,210
    IT Services – 0.2% (0.1% of Total Investments)            
280   Genesys Telecommunications Laboratories Inc/Greeneden Lux 3 Sarl/Greeneden US Ho, 144A     10.000% 11/30/24 CCC+ 295,456
    Media – 2.0% (1.3% of Total Investments)            
1,033   AMC Entertainment Holdings Inc, 144A, (cash 10.000%, PIK 12.000%)     12.000% 6/15/26 C 56,815
910   Houghton Mifflin Harcourt Publishers Inc, 144A     9.000% 2/15/25 BB- 882,700
1   iHeartCommunications Inc     6.375% 5/01/26 B+ 883
396   iHeartCommunications Inc     8.375% 5/01/27 CCC+ 386,082
1,075   iHeartCommunications Inc, 144A     5.250% 8/15/27 B+ 1,061,089
165   Intelsat Luxembourg SA, (5)     8.125% 6/01/23 N/R 5,363
415   Univision Communications Inc, 144A     9.500% 5/01/25 B 449,237
3,995   Total Media           2,842,169
    Oil, Gas & Consumable Fuels – 1.3% (0.8% of Total Investments)            
125   Ascent Resources Utica Holdings LLC / ARU Finance Corp, 144A     10.000% 4/01/22 B 125,000
1,150   Citgo Holding Inc, 144A     9.250% 8/01/24 B+ 966,000
150   CITGO Petroleum Corp, 144A     6.250% 8/15/22 BB 140,625
385   CITGO Petroleum Corp, 144A     7.000% 6/15/25 BB 357,087
210   MEG Energy Corp, 144A     7.000% 3/31/24 B+ 199,500
2,020   Total Oil, Gas & Consumable Fuels           1,788,212
    Pharmaceuticals – 0.5% (0.3% of Total Investments)            
310   Advanz Pharma Corp Ltd     8.000% 9/06/24 B- 303,800
181   Endo Dac / Endo Finance LLC / Endo Finco Inc, 144A     9.500% 7/31/27 CCC+ 194,161
228   Endo Dac / Endo Finance LLC / Endo Finco Inc, 144A     6.000% 6/30/28 CCC+ 176,130
90   Par Pharmaceutical Inc, 144A     7.500% 4/01/27 B+ 95,400
809   Total Pharmaceuticals           769,491
    Specialty Retail – 0.1% (0.1% of Total Investments)            
165   PetSmart Inc, 144A     8.875% 6/01/25 CCC+ 165,825
15

JSD Nuveen Short Duration Credit Opportunities Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (4) Value
    Wireless Telecommunication Services – 0.0% (0.0% of Total Investments)            
$330   Intelsat Connect Finance SA, 144A, (5)     9.500% 2/15/23 N/R $89,100
$26,755   Total Corporate Bonds (cost $25,535,223)           22,164,816
    
Shares   Description (1)           Value
    COMMON STOCKS – 2.3% (1.4% of Total Investments)            
    Diversified Consumer Services – 0.0% (0.0% of Total Investments)            
9,343   Cengage Learning Holdings II Inc, (8), (9)           $46,248
    Electric Utilities – 0.4% (0.2% of Total Investments)            
25,367   Energy Harbor Corp, (8), (9), (10)           507,340
    Energy Equipment & Services – 0.0% (0.0% of Total Investments)            
28,730   Transocean Ltd           19,263
3,779   Vantage Drilling International, (8), (9)           6,300
    Total Energy Equipment & Services           25,563
    Health Care Providers & Services – 0.0% (0.0% of Total Investments)            
12,290   Millennium Health LLC, (7), (9)           13,642
11,533   Millennium Health LLC, (7), (9)           11,648
    Total Health Care Providers & Services           25,290
    Internet & Direct Marketing Retail – 0.0% (0.0% of Total Investments)            
1,905   Catalina Marketing Corp, (8), (9)           238
    Marine – 0.0% (0.0% of Total Investments)            
430   ACBL HLDG CORP, (8), (9)           16,125
    Media – 1.0% (0.7% of Total Investments)            
272,893   Clear Channel Outdoor Holdings Inc, (9)           243,966
20,868   Cumulus Media Inc, (9)           105,592
135,343   iHeartMedia Inc, (9)           1,112,520
    Total Media           1,462,078
    Oil, Gas & Consumable Fuels – 0.1% (0.1% of Total Investments)            
8,561   Whiting Petroleum Corp, (9)           124,991
    Pharmaceuticals – 0.0% (0.0% of Total Investments)            
2,753   Advanz Pharma Corp Ltd, (9)           13,407
    Software – 0.7% (0.4% of Total Investments)            
10,700   Avaya Holdings Corp, (9)           184,040
4,065   SkillSoft Corp, (8), (9)           691,050
265   SkillSoft Corp, (8), (9)           60,950
389   SkillSoft Corp, (7), (9)            —
16

Shares   Description (1)           Value
    Software (continued)            
779   SkillSoft Corp, (7), (9)           $1
    Total Software           936,041
    Wireless Telecommunication Services – 0.1% (0.0% of Total Investments)            
5,845   Windstream Services LLC, (9)           56,769
    Total Common Stocks (cost $8,451,439)           3,214,090
    
Shares   Description (1)           Value
    WARRANTS – 0.1% (0.1% of Total Investments)            
    Communications Equipment – 0.0% (0.0% of Total Investments)            
8,503   Avaya Holdings Corp, (8)           $11,224
    Marine – 0.1% (0.1% of Total Investments)            
452   ACBL HLDG CORP, (8)           16,950
1,682   ACBL HLDG CORP, (8)           44,573
1,279   ACBL HLDG CORP, (8)           41,567
3,413   Total Marine           103,090
    Total Warrants (cost $660,566)           114,314
    
Shares   Description (1)     Coupon   Ratings (4) Value
    CONVERTIBLE PREFERRED SECURITIES – 0.1% (0.0% of Total Investments)            
    Marine – 0.1%            
1,600   ACBL HLDG CORP, (8)     0.000%   N/R $42,400
1,821   ACBL HLDG CORP, (8)     0.000%   N/R 59,183
    Total Marine           101,583
    Total Convertible Preferred Securities (cost $97,141)           101,583
    
Shares   Description (1)           Value
    COMMON STOCK RIGHTS – 0.0% (0.0% of Total Investments)            
    Oil, Gas & Consumable Fuels – 0.0% (0.0% of Total Investments)            
7,268   Fieldwood Energy Inc, (8), (9)           $72
1,468   Fieldwood Energy Inc, (8), (9)           15
    Total Common Stock Rights (cost $207,458)           87
    Total Long-Term Investments (cost $242,577,259)           218,082,772
    
17

JSD Nuveen Short Duration Credit Opportunities Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Shares   Description (1)   Coupon       Value
    SHORT-TERM INVESTMENTS – 5.1% (3.2% of Total Investments)            
    INVESTMENT COMPANIES – 5.1% (3.2% of Total Investments)            
7,178,647   BlackRock Liquidity Funds T-Fund, (11)   0.000% (12)       $7,178,647
    Total Short-Term Investments (cost $7,178,647)           7,178,647
    Total Investments (cost $249,755,906) – 159.2%           225,261,419
    Borrowings – (7.1)% (13), (14)           (10,000,000)
    Taxable Fund Preferred Shares, net of deferred offering costs – (49.2)% (15)           (69,666,923)
    Other Assets Less Liabilities – (2.9)%           (4,068,758)
    Net Assets Applicable to Common Shares – 100%           $141,525,738
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).
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 $ — $191,342,833 $1,145,049 $192,487,882
Corporate Bonds  — 22,164,816  — 22,164,816
Common Stocks 1,860,548 1,328,251 25,291 3,214,090
Warrants  — 114,314  — 114,314
Convertible Preferred Securities  — 101,583  — 101,583
Common Stock Rights  — 87  — 87
Short-Term Investments:        
Investment Companies 7,178,647  —  — 7,178,647
Total $9,039,195 $215,051,884 $1,170,340 $225,261,419
18

  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) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(6) Investment, or portion of investment, represents an outstanding unfunded senior loan commitment.  
(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) For fair value measurement disclosure purposes, investment classified as Level 2.  
(9) Non-income producing; issuer has not declared a dividend within the past twelve months.  
(10) Common Stock received as part of the bankruptcy settlements for Bruce Mansfield Unit 1 2007 Pass-Through Trust.  
(11) A copy of the most recent financial statements for these investment companies can be obtained directly from the Securities and Exchange Commission on its website at http://www.sec.gov.  
(12) The rate shown is the annualized seven-day subsidized yield as of the end of the reporting period.  
(13) Borrowings as a percentage of Total Investments is 4.4%.  
(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) Taxable Fund Preferred Shares, net of deferred offering costs as a percentage of Total Investments is 30.9%.  
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.  
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.  
19