NPORT-EX 2 NIQ.htm
NIQ
Nuveen Intermediate Duration Quality Municipal Term Fund
Portfolio of Investments    August 31, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 126.9% (100.0% of Total Investments)        
    MUNICIPAL BONDS – 125.0% (98.5% of Total Investments)        
    Alabama – 2.1% (1.7% of Total Investments)        
$2,000   Alabama Federal Aid Highway Finance Authority, Federal Highway Grant Anticipation Revenue Bonds, Tender Option Bond Trust 2016-XL0024, 22.293%, 9/01/26 (Pre-refunded 9/01/22), 144A (IF) (4)   9/22 at 100.00 AA (5) $2,487,240
1,000   Lower Alabama Gas District, Alabama, Gas Project Revenue Bonds, Series 2016A, 5.000%, 9/01/34   No Opt. Call A2 1,357,490
269   Tuscaloosa County Industrial Development Authority, Alabama, Gulf Opportunity Zone Bonds, Hunt Refining Project, Refunding Series 2019A, 4.500%, 5/01/32, 144A   5/29 at 100.00 N/R 294,568
3,269   Total Alabama       4,139,298
    Alaska – 0.3% (0.3% of Total Investments)        
500   Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, Senior Series 2021A Class 1, 5.000%, 6/01/30   No Opt. Call A 658,380
    Arizona – 3.1% (2.4% of Total Investments)        
    Arizona Health Facilities Authority, Hospital Revenue Bonds, Phoenix Children's Hospital, Series 2013D:        
965   5.000%, 2/01/24   2/23 at 100.00 AA- 1,031,035
1,065   5.000%, 2/01/26   2/23 at 100.00 AA- 1,137,250
775   Phoenix Civic Improvement Corporation, Arizona, Water System Revenue Bonds, Junior Lien Series 2021A, 5.000%, 7/01/45   7/31 at 100.00 AAA 1,019,652
    Tempe, Arizona, Water and Sewer Revenue Bonds, Series 2021:        
1,150   5.000%, 7/01/40   7/31 at 100.00 AA+ 1,524,635
1,000   5.000%, 7/01/41   7/31 at 100.00 AA+ 1,321,930
4,955   Total Arizona       6,034,502
    California – 11.2% (8.8% of Total Investments)        
3,000   Alameda Corridor Transportation Authority, California, Revenue Bonds, Refunding Senior Lien Series 2013A, 5.000%, 10/01/27  –  AGM Insured   10/23 at 100.00 AA 3,295,650
55   California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020A, 4.000%, 6/01/49   6/30 at 100.00 BBB+ 65,196
500   California Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health, Refunding Series 2017A, 5.000%, 11/15/36   11/27 at 100.00 A1 622,785
415   California Municipal Finance Authority, Revenue Bonds, Biola University, Series 2013, 5.000%, 10/01/21   No Opt. Call Baa1 416,560
2,170   California Municipal Finance Authority, Revenue Bonds, Linxs APM Project, Senior Lien Series 2018A, 5.000%, 12/31/43 (AMT)   6/28 at 100.00 BBB- 2,639,805
370   California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, San Diego County Water Authority Desalination Project Pipeline, Refunding Series 2019, 5.000%, 11/21/45, 144A   1/29 at 100.00 BBB 447,286
1

NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments August 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    California (continued)        
$1,930   California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2014A, 5.250%, 12/01/34   12/24 at 100.00 BB $2,193,947
3,335   Eastern Municipal Water District Financing Authority, California, Water and Wastewater Revenue Bonds, Series 2017D, 5.250%, 7/01/42   7/27 at 100.00 AA+ 4,164,114
405   Independent Cities Finance Authority, California, Mobile Home Park Revenue Bonds, Rancho Vallecitos Mobile Home Park, Series 2013, 4.500%, 4/15/23   No Opt. Call A- 418,883
    Jurupa Community Services District, California, Special Tax Bonds, Community Facilities District 31 Eastvale Area, Series 2013:        
150   4.000%, 9/01/25   9/22 at 100.00 N/R 155,409
305   4.000%, 9/01/26   9/22 at 100.00 N/R 315,666
250   4.000%, 9/01/27   9/22 at 100.00 N/R 258,415
    Los Angeles Department of Water and Power, California, Waterworks Revenue Bonds, Series 2021B:        
300   5.000%, 7/01/28   No Opt. Call Aa2 388,476
700   5.000%, 7/01/29   No Opt. Call Aa2 930,090
1,770   Patterson Public Finance Authority, California, Revenue Bonds, Community Facilities District 2001-1, Senior Series 2013A, 5.000%, 9/01/22   No Opt. Call N/R 1,852,801
185   Riverside County Redevelopment Agency, California, Tax Allocation Housing Bonds, Series 2011A, 0.000%, 10/01/26 (ETM) (6)   No Opt. Call A (5) 221,395
1,500   San Diego Association of Governments, California, South Bay Expressway Toll Revenue Bonds, First Senior Lien Series 2017A, 5.000%, 7/01/36   7/27 at 100.00 A 1,833,480
1,400   San Joaquin County Transportation Authority, California, Sales Tax Revenue, Limited Tax Measure K Series 2017, 5.000%, 3/01/32   3/27 at 100.00 AA 1,716,274
18,740   Total California       21,936,232
    Colorado – 16.6% (13.1% of Total Investments)        
3,045   Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 5.000%, 8/01/30   8/29 at 100.00 BBB+ 3,918,915
5,000   Colorado Springs, Colorado, Utilities System Revenue Bonds, Refunding Series 2017A-2, 5.000%, 11/15/47   11/27 at 100.00 AA+ 6,063,150
    Colorado State Board of Governors, Colorado State University Auxiliary Enterprise System Revenue Bonds, Tender Option Bond Trust 2016-XF2354:        
100   22.453%, 3/01/25, 144A (IF) (4)   No Opt. Call AA 181,165
300   22.453%, 3/01/26, 144A (IF) (4)   No Opt. Call AA 602,652
430   22.402%, 3/01/27, 144A (IF) (4)   No Opt. Call AA 941,636
725   22.453%, 3/01/28, 144A (IF) (4)   No Opt. Call AA 1,711,094
200   22.453%, 3/01/29, 144A (IF) (4)   No Opt. Call AA 502,960
1,870   Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016, 5.000%, 12/01/30   12/26 at 100.00 Baa2 2,212,135
350   E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 1997B, 0.000%, 9/01/21  –  NPFG Insured   No Opt. Call A 350,000
1,000   Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds, Colorado Springs Utilities, Series 2008, 6.500%, 11/15/38   No Opt. Call AA- 1,561,760
2

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Colorado (continued)        
$4,000   Regional Transportation District, Colorado, Sales Tax Revenue Bonds, Fastracks Project, Refunding Green Series 2021B, 4.000%, 11/01/40   5/31 at 100.00 AA+ $4,850,400
4,000   University of Colorado, Enterprise System Revenue Bonds, Refunding Series 2019B, 5.000%, 6/01/44   6/29 at 100.00 Aa1 5,001,840
4,000   University of Northern Colorado at Greeley, Institutional Enterprise System Revenue Bonds, Refunding Series 2016A, 5.000%, 6/01/46   6/26 at 100.00 Aa2 4,712,400
25,020   Total Colorado       32,610,107
    District of Columbia – 1.7% (1.3% of Total Investments)        
1,900   Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Refunding & Subordinate Lien Series 2019B, 5.000%, 10/01/47   10/29 at 100.00 A- 2,376,748
720   Washington Metropolitan Area Transit Authority, Dedicated Revenue Bonds, Green Series 2021A, 5.000%, 7/15/41   7/31 at 100.00 AA 945,684
2,620   Total District of Columbia       3,322,432
    Florida – 7.4% (5.8% of Total Investments)        
150   Atlantic Beach, Florida, Healthcare Facilities Revenue Refunding Bonds, Fleet Landing Project, Series 2013A, 5.000%, 11/15/23   No Opt. Call BBB 164,142
365   Belmont Community Development District, Florida, Capital Improvement Revenue Bonds, Phase 1 Project, Series 2013A, 5.500%, 11/01/23   No Opt. Call N/R 381,192
1,270   Broward County, Florida, Fuel System Revenue Bonds, Fort Lauderdale Fuel Facilities LLC Project, Series 2013A, 5.000%, 4/01/23  –  AGM Insured (AMT)   No Opt. Call AA 1,362,189
825   Broward County, Florida, Half-Cent Sales Tax Revenue Bonds, Refunding Series 2020, 4.000%, 10/01/40   10/30 at 100.00 AA+ 999,875
1,740   Cape Coral, Florida, Water and Sewer Revenue Bonds, Refunding Series 2017, 5.000%, 10/01/33   10/27 at 100.00 A+ 2,161,915
310   Capital Trust Agency, Florida, Fixed Rate Air Cargo Revenue Refunding Bonds, Aero Miami FX, LLC Project, Series 2010A, 5.350%, 7/01/29   9/21 at 100.00 Baa3 311,265
545   Central Florida Expressway Authority, Revenue Bonds, Senior Lien Series 2021D, 5.000%, 7/01/31   No Opt. Call A+ 742,524
685   Collier County Educational Facilities Authority, Florida, Revenue Bonds, Ave Maria University, Refunding Series 2013A, 4.500%, 6/01/23   No Opt. Call BBB- 715,599
1,000   Florida Mid-Bay Bridge Authority, Revenue Bonds, 1st Senior Lien Series 2015A, 5.000%, 10/01/23   No Opt. Call BBB+ 1,092,620
2,960   Florida Municipal Power Agency, Revenue Bonds, Saint Lucie Project, Refunding Series 2012A, 5.000%, 10/01/26   10/22 at 100.00 A2 3,114,601
500   Gainesville, Florida, Utilities System Revenue Bonds, Series 2017A, 5.000%, 10/01/37   10/27 at 100.00 Aa3 616,760
1,400   Palm Beach County Health Facilities Authority, Florida, Revenue Bonds, Jupiter Medical Center, Series 2013A, 5.000%, 11/01/22   No Opt. Call BBB+ 1,473,276
510   Putnam County Development Authority, Florida, Pollution Control Revenue Bonds, Seminole Electric Cooperatice, Inc Project, Refunding Series 2018B, 5.000%, 3/15/42   5/28 at 100.00 A- 614,606
305   Southeast Overtown/Park West Community Redevelopment Agency, Florida, Tax Increment Revenue Bonds, Series 2014A-1, 5.000%, 3/01/24, 144A   No Opt. Call BBB+ 338,269
3

NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments August 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Florida (continued)        
$380   Verandah West Community Development District, Florida, Capital Improvement Revenue Bonds, Refunding Series 2013, 4.000%, 5/01/23   No Opt. Call N/R $388,995
12,945   Total Florida       14,477,828
    Georgia – 2.1% (1.6% of Total Investments)        
1,025   Atlanta, Georgia, Tax Allocation Bonds, Perry Bolton Project Series 2014, 4.000%, 7/01/22   No Opt. Call A- 1,055,319
1,000   Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc, Series 2017B, 5.500%, 2/15/42   2/27 at 100.00 AA 1,214,050
1,465   Municipal Electric Authority of Georgia, General Resolution Projects Subordinated Bonds, Series 20188HH, 5.000%, 1/01/44   1/28 at 100.00 A1 1,776,928
3,490   Total Georgia       4,046,297
    Hawaii – 1.9% (1.5% of Total Investments)        
3,000   Honolulu City and County, Hawaii, Wastewater System Revenue Bonds, First Bond Resolution, Senior Series 2018A, 5.000%, 7/01/37   1/28 at 100.00 Aa2 3,699,450
    Illinois – 11.0% (8.6% of Total Investments)        
670   Cook County, Illinois, General Obligation Bonds, Refunding Series 2021A, 5.000%, 11/15/33   11/30 at 100.00 A+ 884,380
2,500   Cook County, Illinois, General Obligation Bonds, Tender Option Bond Trust 2015-XF1007, 17.619%, 11/15/25, 144A (IF) (4)   11/22 at 100.00 A+ 3,072,875
4,000   Illinois Municipal Electric Agency, Power Supply System Revenue Bonds, Refunding Series 2015A, 5.000%, 2/01/27   8/25 at 100.00 A1 4,699,520
2,500   Illinois State, General Obligation Bonds, November Series 2017D, 5.000%, 11/01/27   No Opt. Call BBB 3,079,900
5,000   Illinois State, General Obligation Bonds, Series 2013, 5.000%, 7/01/23   No Opt. Call BBB 5,423,150
290   Madison, Macoupin, Jersey, Calhoun, Morgan, Scott, and Greene Counties Community College District 536, Illinois, General Obligation Bonds, Lewis & Clark Community College, Refunding Series 2017A, 5.000%, 11/01/33  –  AGM Insured   11/26 at 100.00 AA 350,645
665   Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2020A, 4.000%, 6/15/50   12/29 at 100.00 BBB+ 757,255
1,000   Southwestern Illinois Development Authority, Local Government Revenue Bonds, Edwardsville Community Unit School District 7 Project, Series 2007, 0.000%, 12/01/22  –  AGM Insured   No Opt. Call AA 991,720
2,000   Springfield, Illinois, Electric Revenue Bonds, Refunding Senior Lien Series 2015, 5.000%, 3/01/33   3/25 at 100.00 A 2,300,500
18,625   Total Illinois       21,559,945
    Indiana – 1.4% (1.1% of Total Investments)        
990   Indiana Finance Authority, Educational Facilities Revenue Bonds, 21st Century Charter School Project, Series 2013A, 6.000%, 3/01/33   3/23 at 100.00 B+ 1,016,898
1,500   Indiana Finance Authority, Lease Appropriation Bonds, Stadium Project, Refunding Series 2015A, 5.000%, 2/01/25   No Opt. Call AA+ 1,742,115
2,490   Total Indiana       2,759,013
    Kentucky – 3.4% (2.7% of Total Investments)        
1,000   Kentucky Bond Development Corporation, Transient Room Tax Revenue Bonds, Lexington Center Corporation Project, Series 2018A, 5.000%, 9/01/43   9/28 at 100.00 A2 1,219,380
4

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Kentucky (continued)        
    Kentucky Economic Development Finance Authority, Revenue Bonds, Next Generation Kentucky Information Highway Project, Senior Series 2015A:        
$925   4.250%, 7/01/35   7/25 at 100.00 BBB+ $1,000,998
1,400   5.000%, 1/01/45   7/25 at 100.00 BBB+ 1,546,384
3,000   Kentucky Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds, Downtown Crossing Project, Capital Appreciation Series 2013B, 0.000%, 7/01/23   No Opt. Call Baa2 2,956,470
6,325   Total Kentucky       6,723,232
    Louisiana – 0.9% (0.7% of Total Investments)        
530   New Orleans Aviation Board, Louisiana, Special Facility Revenue Bonds, Parking Facilities Corporation Consolidated Garage System, Series 2018A, 5.000%, 10/01/43  –  AGM Insured   10/28 at 100.00 AA 647,962
1,000   New Orleans, Louisiana, Water Revenue Bonds, Refunding Series 2014, 5.000%, 12/01/22   No Opt. Call A- 1,059,270
1,530   Total Louisiana       1,707,232
    Maine – 2.8% (2.2% of Total Investments)        
1,000   Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2013, 5.000%, 7/01/33 (Pre-refunded 7/01/23)   7/23 at 100.00 BBB (5) 1,086,880
    Maine Health and Higher Educational Facilities Authority Revenue Bonds, MaineHealth Issue, Series 2018A:        
435   5.000%, 7/01/43   7/28 at 100.00 A+ 531,100
565   5.000%, 7/01/48   7/28 at 100.00 A+ 685,639
    Maine Turnpike Authority, Special Obligation Bonds, Series 2014:        
620   5.000%, 7/01/25   7/24 at 100.00 A+ 701,077
340   5.000%, 7/01/27   7/24 at 100.00 A+ 383,020
1,850   5.000%, 7/01/29   7/24 at 100.00 A+ 2,082,971
4,810   Total Maine       5,470,687
    Maryland – 0.5% (0.4% of Total Investments)        
615   Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017, 5.000%, 9/01/34   9/27 at 100.00 CCC 663,277
310   Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Frederick Memorial Hospital Issue, Series 2012A, 5.000%, 7/01/22   No Opt. Call A- 320,838
925   Total Maryland       984,115
    Massachusetts – 0.5% (0.4% of Total Investments)        
    Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Series 2012C:        
80   5.000%, 7/01/29 (Pre-refunded 7/01/22)   7/22 at 100.00 N/R (5) 83,218
420   5.000%, 7/01/29   7/22 at 100.00 BBB 435,133
500   5.000%, 7/01/29 (Pre-refunded 7/01/22)   7/22 at 100.00 Baa2 (5) 520,115
1,000   Total Massachusetts       1,038,466
5

NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments August 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Michigan – 7.7% (6.1% of Total Investments)        
$1,000   Detroit City School District, Wayne County, Michigan, General Obligation Bonds, Tender Option Bond Trust 3308, 23.210%, 5/01/30  –  AGM Insured, 144A (IF) (4)   No Opt. Call Aa1 $2,787,790
5   Detroit, Michigan, Sewer Disposal System Revenue Bonds, Second Lien, Series 2006B, 5.000%, 7/01/36  –  FGIC Insured   10/21 at 100.00 A+ 5,020
5   Detroit, Michigan, Water Supply System Revenue Bonds, Second Lien Series 2003B, 5.000%, 7/01/34  –  NPFG Insured   10/21 at 100.00 A+ 5,020
370   Flint Hospital Building Authority, Michigan, Building Authority Revenue Bonds, Hurley Medical Center, Series 2013A, 5.000%, 7/01/23   No Opt. Call BBB- 389,673
2,325   Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020, 4.000%, 11/01/36   11/30 at 100.00 AA 2,797,091
2,020   Michigan Finance Authority, Hospital Revenue Bonds, Crittenton Hospital Medical Center, Refunding Series 2012A, 4.125%, 6/01/32 (Pre-refunded 6/01/22)   6/22 at 100.00 N/R (5) 2,079,933
3,000   Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water & Sewerage Department Water Supply System Local Project, Refunding Senior Loan Series 2014D-1, 5.000%, 7/01/23  –  AGM Insured   No Opt. Call AA 3,259,080
1,500   Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2007 Sold Tobacco Receipts, Series 2020B-1-CL2, 5.000%, 6/01/49   12/30 at 100.00 BBB- 1,835,580
1,500   Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2019-I, 5.000%, 4/15/36   10/29 at 100.00 Aa2 1,938,645
11,725   Total Michigan       15,097,832
    Minnesota – 1.2% (1.0% of Total Investments)        
2,000   Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A, 4.250%, 2/15/43   2/28 at 100.00 A- 2,300,460
100   Saint Paul Housing and Redevelopment Authority, Minnesota, Lease Revenue Bonds, Saint Paul Conservatory for Performing Artists Charter School Project, Series 2013A, 3.700%, 3/01/22   No Opt. Call BB 101,005
2,100   Total Minnesota       2,401,465
    Mississippi – 1.1% (0.9% of Total Investments)        
    Mississippi Development Bank Special Obligation Bonds, Marshall County Industrial Development Authority, Mississippi Highway Construction Project, Tender Option Bond Trust 3315:        
800   22.453%, 1/01/24 (Pre-refunded 1/01/22), 144A (IF) (4)   1/22 at 100.00 AA- (5) 864,888
1,000   22.453%, 1/01/25 (Pre-refunded 1/01/22), 144A (IF) (4)   1/22 at 100.00 AA- (5) 1,081,110
200   22.453%, 1/01/26 (Pre-refunded 1/01/22), 144A (IF) (4)   1/22 at 100.00 AA- (5) 216,222
2,000   Total Mississippi       2,162,220
    Missouri – 1.6% (1.3% of Total Investments)        
3,000   Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Plum Point Project, Refunding Series 2014A, 5.000%, 1/01/23   No Opt. Call A 3,187,080
6

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Montana – 1.4% (1.1% of Total Investments)        
    Montana Facility Finance Authority, Healthcare Facility Revenue Bonds, Kalispell Regional Medical Center, Series 2018B:        
$985   5.000%, 7/01/28   No Opt. Call BBB $1,208,831
1,270   5.000%, 7/01/29   7/28 at 100.00 BBB 1,552,728
2,255   Total Montana       2,761,559
    Nebraska – 1.6% (1.3% of Total Investments)        
3,000   Central Plains Energy Project, Nebraska, Gas Project 3 Revenue Bonds, Series 2012, 5.000%, 9/01/32   9/22 at 100.00 A2 3,141,240
    Nevada – 2.5% (1.9% of Total Investments)        
515   Carson City, Nevada, Hospital Revenue Bonds, Carson Tahoe Regional Healthcare Project, Series 2017A, 5.000%, 9/01/47   9/27 at 100.00 A- 617,428
1,000   Las Vegas Convention and Visitors Authority, Nevada, Revenue Bonds, Series 2018C, 5.250%, 7/01/43   7/28 at 100.00 Aa3 1,230,490
    Las Vegas Redevelopment Agency, Nevada, Tax Increment Revenue Bonds, Refunding Series 2016:        
1,295   5.000%, 6/15/26   No Opt. Call BBB+ 1,546,800
1,210   5.000%, 6/15/27   6/26 at 100.00 BBB+ 1,439,852
4,020   Total Nevada       4,834,570
    New Jersey – 3.8% (3.0% of Total Investments)        
    New Jersey Economic Development Authority, Cigarette Tax Revenue Refunding Bonds, Series 2012:        
2,000   5.000%, 6/15/24   6/22 at 100.00 BBB 2,069,200
1,000   5.000%, 6/15/28   6/22 at 100.00 BBB 1,034,010
    New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge Replacement Project, Series 2013:        
500   5.000%, 1/01/22 (AMT)   No Opt. Call A2 507,995
500   5.000%, 7/01/22 (AMT)   No Opt. Call A2 520,065
620   5.000%, 1/01/23 (AMT)   No Opt. Call A2 659,488
1,000   New Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Tender Option Bond Trust 2016-XF2340, 3.457%, 9/01/25, 144A (IF) (4)   3/25 at 100.00 Baa1 1,074,270
1,000   New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 1999, 5.250%, 9/15/29 (AMT)   8/22 at 101.00 Ba3 1,050,920
450   Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B, 5.000%, 6/01/46   6/28 at 100.00 BB+ 535,099
7,070   Total New Jersey       7,451,047
    New York – 8.7% (6.8% of Total Investments)        
495   Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue Bonds, Catholic Health System, Inc Project, Series 2015, 5.000%, 7/01/29   7/25 at 100.00 BBB 572,616
750   Buffalo Sewer Authority, New York, Sewer System Environmental Impact Revenue Bonds, Green Series 2021, 4.000%, 6/15/51   6/28 at 100.00 A+ 855,435
500   Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing Program, Series 2021A, 5.000%, 10/01/32  –  AGM Insured   10/29 at 100.00 AA 650,925
7

NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments August 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    New York (continued)        
$435   Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series 2007, 5.500%, 10/01/37   No Opt. Call A2 $656,659
3,545   Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2017, 5.000%, 9/01/42   9/27 at 100.00 A 4,329,615
1,390   Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020C-1, 5.000%, 11/15/50   5/30 at 100.00 A3 1,700,373
750   Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Green Climate Certified Series 2020E, 5.000%, 11/15/30   No Opt. Call A3 987,645
880   New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes Revenue Bonds, Queens Baseball Stadium Project, Refunding Series 2021A, 5.000%, 1/01/27  –  AGM Insured   No Opt. Call AA 1,078,510
710   New York City, New York, General Obligation Bonds, Fiscal 2021 Series C, 5.000%, 8/01/43   8/30 at 100.00 AA 907,380
2,000   New York Convention Center Development Corporation, New York, Revenue Bonds, Hotel Unit Fee Secured, Refunding Series 2015, 5.000%, 11/15/25   No Opt. Call A1 2,373,140
1,000   New York State Power Authority, General Revenue Bonds, Series 2020A, 4.000%, 11/15/50   5/30 at 100.00 AA 1,179,780
560   Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, MTA Bridges & Tunnels, Series 2021A, 5.000%, 11/01/25   No Opt. Call A1 667,475
1,000   Triborough Bridge and Tunnel Authority, New York, Payroll Mobility Tax Bonds, Refunding Senior Lien Subseries 2021A-2, 2.000%, 5/15/45 (Mandatory Put 5/15/28)   No Opt. Call AA+ 1,070,110
14,015   Total New York       17,029,663
    North Dakota – 0.7% (0.6% of Total Investments)        
1,250   Cass County, North Dakota, Health Care Facilities Revenue Bonds, Essential Health Obligated Group, Series 2018B, 4.250%, 2/15/43   2/28 at 100.00 A- 1,437,788
    Ohio – 2.3% (1.8% of Total Investments)        
620   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1, 4.000%, 6/01/48   6/30 at 100.00 BBB+ 712,597
2,165   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2, 5.000%, 6/01/55   6/30 at 100.00 N/R 2,519,389
3,000   Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (7)   No Opt. Call N/R 3,750
1,150   Ohio State, Private Activity Bonds, Portsmouth Gateway Group, LLC - Borrower, Portsmouth Bypass Project, Series 2015, 5.000%, 12/31/27  –  AGM Insured (AMT)   6/25 at 100.00 AA 1,328,664
6,935   Total Ohio       4,564,400
    Oklahoma – 0.2% (0.1% of Total Investments)        
255   Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B, 5.250%, 8/15/43   8/28 at 100.00 Baa3 313,456
    Oregon – 1.7% (1.4% of Total Investments)        
965   Astoria Hospital Facilities Authority, Oregon, Hospital Revenue and Refunding Bonds, Columbia Memorial Hospital, Series 2012, 5.000%, 8/01/22   No Opt. Call A- 1,006,823
8

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Oregon (continued)        
$2,000   Port of Portland, Oregon, International Airport Revenue Bonds, Series 2017-24B, 5.000%, 7/01/36 (AMT)   1/27 at 100.00 A+ $2,388,080
2,965   Total Oregon       3,394,903
    Pennsylvania – 2.6% (2.0% of Total Investments)        
    Erie Higher Education Building Authority, Pennsylvania, Revenue Bonds, Gannon University Project, Series 2013:        
500   4.000%, 5/01/22   No Opt. Call BBB+ 511,325
520   4.000%, 5/01/23   No Opt. Call BBB+ 549,208
1,700   Pennsylvania Economic Development Financing Authority, Private Activity Revenue Bonds, Pennsylvania Rapid Bridge Replacement Project, Series 2015, 5.000%, 6/30/28 (AMT)   6/26 at 100.00 BBB 2,048,330
1,000   Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2021A, 4.000%, 12/01/43   12/30 at 100.00 A 1,191,730
285   Pittsburgh Water and Sewer Authority, Pennsylvania, Water and Sewer System Revenue Bonds, Refunding Subordinate Series 2019B, 4.000%, 9/01/34  –  AGM Insured   9/29 at 100.00 AA 343,850
435   Southcentral Pennsylvania General Authority, Revenue Bonds, Hanover Hospital Inc, Series 2013, 5.000%, 12/01/21   No Opt. Call A 440,133
4,440   Total Pennsylvania       5,084,576
    Puerto Rico – 1.6% (1.3% of Total Investments)        
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
660   4.500%, 7/01/34   7/25 at 100.00 N/R 730,713
2,175   4.550%, 7/01/40   7/28 at 100.00 N/R 2,502,816
2,835   Total Puerto Rico       3,233,529
    South Carolina – 2.8% (2.2% of Total Investments)        
1,000   Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Refunding Series 2021A, 4.000%, 1/01/25   No Opt. Call A- 1,120,770
2,000   South Carolina Public Service Authority, Electric System Revenue Bonds, Santee Cooper, Refunding Series 2012D, 5.000%, 12/01/43 (Pre-refunded 6/01/22)   6/22 at 100.00 A (5) 2,073,160
2,000   South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2014B, 5.000%, 12/01/31   6/24 at 100.00 A 2,229,440
5,000   Total South Carolina       5,423,370
    Tennessee – 7.8% (6.2% of Total Investments)        
    Greeneville Health and Educational Facilities Board, Tennessee, Hospital Revenue Bonds, Ballad Health, Series 2018A:        
1,000   5.000%, 7/01/36   7/28 at 100.00 A 1,234,600
1,605   5.000%, 7/01/37   7/28 at 100.00 A 1,976,782
2,290   Jackson, Tennessee, Hospital Revenue Bonds, Jackson-Madison County General Hospital Project, Series 2018A, 5.000%, 4/01/35   10/28 at 100.00 A 2,824,807
9

NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments August 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tennessee (continued)        
    Knox County Health, Educational, and Housing Facility Board, Tennessee, Hospital Revenue Bonds, Covenant Health, Refunding Series 2012A:        
$1,440   5.000%, 1/01/25   1/23 at 100.00 A+ $1,525,219
2,170   5.000%, 1/01/26   1/23 at 100.00 A+ 2,294,818
450   Metropolitan Government of Nashville-Davidson County, Tennessee, Water and Sewerage Revenue Bonds, Green Series 2017A, 5.000%, 7/01/42   7/27 at 100.00 AA 552,902
1,400   The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006B, 5.625%, 9/01/26   No Opt. Call BBB 1,714,062
    The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006C:        
1,490   5.000%, 2/01/24   No Opt. Call A 1,652,276
1,365   5.000%, 2/01/25   No Opt. Call A 1,569,204
13,210   Total Tennessee       15,344,670
    Texas – 5.6% (4.4% of Total Investments)        
1,225   Bexar County Hospital District, Texas, Certificates of Obligation, Series 2020, 5.000%, 2/15/45   2/29 at 100.00 Aa1 1,533,210
500   Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Subordinate Lien Series 2013, 5.000%, 1/01/22   No Opt. Call BBB+ 507,715
1,070   Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Subordinate Lien Series 2020G, 4.000%, 1/01/45   1/30 at 100.00 BBB+ 1,240,654
2,000   Gulf Coast Industrial Development Authority, Texas, Solid Waste Disposal Revenue Bonds, Citgo Petroleum Corporation Project, Series 1995, 4.875%, 5/01/25 (AMT)   10/22 at 100.00 BB 2,043,380
    Harris County-Houston Sports Authority, Texas, Revenue Bonds, Refunding Second Lien Series 2014C:        
1,660   5.000%, 11/15/23   No Opt. Call Baa1 1,805,217
960   5.000%, 11/15/25   11/24 at 100.00 Baa1 1,075,632
1,005   Harris County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004A-3, 0.000%, 11/15/33  –  NPFG Insured   11/24 at 59.10 Baa2 546,861
    Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Scott & White Healthcare Project, Tender Option Bond Trust 2016-XG0058:        
100   22.833%, 8/15/22, 144A (IF) (4)   No Opt. Call AA- 123,079
155   22.618%, 8/15/24 (Pre-refunded 8/15/23), 144A (IF) (4)   8/23 at 100.00 AA- (5) 226,922
200   22.833%, 8/15/26 (Pre-refunded 8/15/23), 144A (IF) (4)   8/23 at 100.00 AA- (5) 293,708
175   22.575%, 8/15/27 (Pre-refunded 8/15/23), 144A (IF) (4)   8/23 at 100.00 AA- (5) 256,044
1,055   Texas Municipal Gas Acquisition and Supply Corporation I, Gas Supply Revenue Bonds, Senior Lien Series 2008D, 6.250%, 12/15/26   No Opt. Call A2 1,237,599
10,105   Total Texas       10,890,021
    Utah – 0.6% (0.5% of Total Investments)        
435   Utah Water Finance Agency, Revenue Bonds, Pooled Loan Financing Program, Series 2017A, 5.000%, 3/01/35   3/27 at 100.00 AA 526,089
600   Utah Water Finance Agency, Revenue Bonds, Pooled Loan Financing Program, Series 2017C, 5.000%, 3/01/34   3/27 at 100.00 AA+ 727,956
1,035   Total Utah       1,254,045
10

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Virgin Islands – 0.1% (0.1% of Total Investments)        
$175   Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2012A, 4.000%, 10/01/22  –  AGM Insured   No Opt. Call AA $178,274
    Virginia – 0.8% (0.6% of Total Investments)        
1,340   Chesapeake Bay Bridge and Tunnel District, Virginia, General Resolution Revenue Bonds, First Tier Series 2016, 5.000%, 7/01/41  –  AGM Insured   7/26 at 100.00 AA 1,589,294
    Washington – 1.4% (1.1% of Total Investments)        
700   Port of Seattle, Washington, Revenue Bonds, Intermediate Lien Series 2015A, 5.000%, 4/01/27   10/24 at 100.00 AA- 796,586
210   Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Refunding Series2021B Exchange Purchase, 4.000%, 7/01/34   7/31 at 100.00 Baa1 251,280
1,550   Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Refunding Subordinate Series2021B Exchange Purchase, 4.000%, 7/01/43   7/31 at 100.00 Baa3 1,793,086
2,460   Total Washington       2,840,952
    Wisconsin – 0.3% (0.2% of Total Investments)        
    University of Wisconsin Hospitals and Clinics Authority, Revenue Bonds, Tender Option Bond Trust 2015-XF0127:        
50   21.298%, 4/01/22, 144A (IF) (4)   No Opt. Call AA- 56,816
100   22.158%, 4/01/23, 144A (IF) (4)   No Opt. Call AA- 138,280
185   21.751%, 4/01/24, 144A (IF) (4)   4/23 at 100.00 AA- 253,726
100   22.158%, 4/01/25, 144A (IF) (4)   4/23 at 100.00 AA- 137,700
435   Total Wisconsin       586,522
$211,869   Total Municipal Bonds (cost $226,517,395)       245,369,692
    
Shares   Description (1)       Value
    COMMON STOCKS – 1.9% (1.5% of Total Investments)        
    Electric Utilities – 1.9% (1.5% of Total Investments)        
97,015   Energy Harbor Corp (8), (9), (10)       $3,670,368
    Total Common Stocks (cost $2,765,568)       3,670,368
    Total Long-Term Investments (cost $229,282,963)       249,040,060
    Adjustable Rate MuniFund Term Preferred Shares, net of deferred offering costs – (28.0)% (11)       (54,950,826)
    Other Assets Less Liabilities – 1.1%       2,167,183
    Net Assets Applicable to Common Shares – 100%       $196,256,417
11

NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments August 31, 2021
  (Unaudited)
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:        
Municipal Bonds $ — $245,369,692 $ — $245,369,692
Common Stocks  — 3,670,368  — 3,670,368
Total $ — $249,040,060 $ — $249,040,060
    
(1) All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
(4) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
(6) Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period.  
(7) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(8) For fair value measurement disclosure purposes, investment classified as Level 2.  
(9) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(10) Common Stock received as part of the bankruptcy settlement during February 2020 for Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23.  
(11) Adjustable Rate MuniFund Term Preferred Shares, net of deferred offering cost as a percentage of Total Investments is 22.1%.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
AMT Alternative Minimum Tax  
ETM Escrowed to maturity  
IF Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust.  
12