0001193125-19-068634.txt : 20190308 0001193125-19-068634.hdr.sgml : 20190308 20190308121737 ACCESSION NUMBER: 0001193125-19-068634 CONFORMED SUBMISSION TYPE: N-CSR PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20181231 FILED AS OF DATE: 20190308 DATE AS OF CHANGE: 20190308 EFFECTIVENESS DATE: 20190308 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Nuveen High Income December 2019 Target Term Fund CENTRAL INDEX KEY: 0001666735 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CSR SEC ACT: 1940 Act SEC FILE NUMBER: 811-23141 FILM NUMBER: 19668326 BUSINESS ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129178146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 N-CSR 1 d640512dncsr.htm NUVEEN HIGH INCOME DECEMBER 2019 TARGET TERM FUND Nuveen High Income December 2019 Target Term Fund

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

 

Investment Company Act file number  

  

811-23141

Nuveen High Income December 2019 Target Term Fund

 

(Exact name of registrant as specified in charter)

Nuveen Investments

333 West Wacker Drive

Chicago, IL 60606

 

(Address of principal executive offices) (Zip code)

Gifford R. Zimmerman

Nuveen Investments

333 West Wacker Drive

Chicago, IL 60606

 

(Name and address of agent for service)

Registrant’s telephone number, including area code:    (312) 917-7700                        

Date of fiscal year end:    December 31                                

Date of reporting period:    December 31, 2018                   

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss. 3507.


ITEM 1. REPORTS TO STOCKHOLDERS.


LOGO

 

Closed-End Funds

 

31 December 2018

 

Nuveen Closed-End Funds

 

JHY    Nuveen High Income 2020 Target Term Fund
JHD    Nuveen High Income December 2019 Target Term Fund
JHB    Nuveen High Income November 2021 Target Term Fund
JHAA    Nuveen High Income 2023 Target Term Fund

 

Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Funds’ annual and semi-annual shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports. Instead, the reports will be made available on the Funds’ website (www.nuveen.com), and you will be notified by mail each time a report is posted and provided with a website link to access the report.

If you have already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from the Funds electronically anytime by contacting the financial intermediary (such as a broker-dealer or bank) through which you hold your Fund shares or, if you are a direct investor, by enrolling at www.nuveen.com/e-reports.

You may elect to receive all future shareholder reports in paper free of charge at any time by contacting your financial intermediary or, if you are a direct investor, (i) by calling 800-257-8787 and selecting option #2 or (ii) by logging into your Investor Center account at www.computershare.com/investor and clicking on “Communication Preferences.” Your election to receive reports in paper will apply to all funds held in your account with your financial intermediary or, if you are a direct investor, to all your directly held Nuveen Funds and any other directly held funds within the same group of related investment companies.

 

Annual Report


Life is Complex

 

Nuveen makes things e-simple.

It only takes a minute to sign up for e-Reports. Once enrolled, you’ll receive an e-mail as soon as your Nuveen Fund information is ready—no more waiting for delivery by regular mail. Just click on the link within the e-mail to see the report and save it on your computer if you wish.

 

Free e-Reports right to your email!

www.investordelivery.com

If you receive your Nuveen Fund dividends and statements from your financial advisor or brokerage account.

or

www.nuveen.com/client-access

If you receive your Nuveen Fund dividends and statements directly from Nuveen.

NOT FDIC INSURED  MAY LOSE VALUE  NO BANK GUARANTEE

 

LOGO


Table of Contents

 

Chairman’s Letter to Shareholders

     4  

Portfolio Managers’ Comments

     5  

Fund Leverage

     12  

Common Share Information

     13  

Risk Considerations

     16  

Performance Overview and Holding Summaries

     18  

Report of Independent Registered Public Accounting Firm

     25  

Portfolios of Investments

     27  

Statement of Assets and Liabilities

     45  

Statement of Operations

     46  

Statement of Changes in Net Assets

     47  

Statement of Cash Flows

     48  

Financial Highlights

     50  

Notes to Financial Statements

     52  

Additional Fund Information

     63  

Glossary of Terms Used in this Report

     64  

Reinvest Automatically, Easily and Conveniently

     65  

Annual Investment Management Agreement Approval Process

     66  

Board Members & Officers

     71  

 

3


Chairman’s Letter to Shareholders

 

LOGO

Dear Shareholders,

The global economy seemed to reach a turning point in 2018. Growth was peaking in the U.S. and slowing elsewhere. Deregulation and tax law changes, which lowered corporate and individual tax rates and encouraged companies to repatriate overseas profits, helped boost U.S. economic growth and amplify corporate earnings during 2018. Meanwhile, a weakening housing market and a flattening yield curve in the U.S. and disappointing economic growth across Europe, China and Japan signaled caution. As the year developed, future corporate profit growth was looking less certain than at the start of the year. Adding to the uncertainty were the removal of U.S. central bank monetary stimulus, rising interest rates, a stronger U.S. dollar, trade negotiations and unpredictable politics, including Brexit and a prolonged U.S. government shutdown. Bearish sentiment intensified at the end of 2018, pressuring stocks, corporate bonds and commodities alike.

Although downside risks have been rising, the likelihood of a near-term recession remains low. Global growth is indeed slowing, but it’s still positive. The U.S. economy remains strong, even in the face of late-cycle pressures. Low unemployment and firming wages should continue to support consumer spending, and the November mid-term elections resulted in change, but no major surprises. In China, the government remains committed to using fiscal stimulus to offset softening exports. Europe also remains vulnerable to trade policy as well as Brexit uncertainty, but underlying strengths in European economies, including low unemployment that drives domestic demand, remain supportive of a mild expansion. In a slower growth environment, there are opportunities for investors who seek them more selectively.

We expect volatility and challenging conditions to persist in 2019 but also think there is potential for upside. You can prepare your investment portfolio by working with your financial advisor to review your goals, timeline and risk tolerance. On behalf of the other members of the Nuveen Fund Board, we look forward to continuing to earn your trust in the months and years ahead.

Sincerely,

 

LOGO

Terence J. Toth

Chairman of the Board

February 22, 2019

 

 

4


Portfolio Managers’ Comments

 

Nuveen High Income 2020 Target Term Fund (JHY)

Nuveen High Income December 2019 Target Term Fund (JHD)

Nuveen High Income November 2021 Target Term Fund (JHB)

Nuveen High Income 2023 Target Term Fund (JHAA)

Nuveen High Income 2020 Target Term Fund (JHY), Nuveen High Income December 2019 Target Term Fund (JHD), Nuveen High Income November 2021 Target Term Fund (JHB) and Nuveen High Income 2023 Target Term Fund (JHAA) are closed-end funds that are advised by Nuveen Fund Advisors, LLC (NFAL) and feature portfolio management by Nuveen Asset Management, LLC (NAM). During the reporting period, the Funds’ portfolio managers were John T. Fruit, CFA, and Jeffrey T. Schmitz, CFA. Both Fruit and Schmitz retired from NAM effective December 31, 2018. The new management team consists of Timothy A. Palmer, CFA, Anders Persson, CFA, and Michael Ainge, CFA.

In January 2019 (subsequent to the close of this reporting period), the Nuveen High Income December 2019 Target Term Fund (JHD) entered the wind-up period in anticipation of its termination date. The Fund is a “target term” Fund that will cease its investment operations and liquidate its portfolio on December 1, 2019 and distribute the net proceeds to shareholders, unless the term is extended for a period of up to six months by a vote of the Fund’s Board of Trustees.

During the wind-up period, the Fund may deviate from its investment objectives and policies, and may invest up to 100% of its managed assets in high quality, short-term securities. High quality, short-term securities for this Fund include securities rated investment grade (BBB-/Baa3 or higher or unrated but judged by the Fund’s subadviser to be of comparable quality) with a final or remaining maturity of 397 days or less. Consequently, for the remainder of its term, the Fund will invest at least 80% of its managed assets in below investment grade securities; and short-term investment grade securities that have a final or remaining maturity of 397 days or less, as long as the maturity does not occur later than June 1, 2020. These expanded investment parameters will provide the Fund with additional flexibility to reinvest the proceeds of matured or called portfolio securities in higher quality, short-term securities. As the Fund gets closer to its termination date, we will begin to transition its remaining below investment grade portfolio holdings to high quality, short-term securities to enhance its ability to efficiently liquidate its portfolio at termination.

Here the Funds’ portfolio management team discusses the economy and financial markets, key investment strategies and the Funds’ performance for the twelve-month reporting period ended December 31, 2018.

 

 

This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with his or her advisors.

Certain statements in this report are forward-looking statements. Discussions of specific investments are for illustration only and are not intended as recommendations of individual investments. The forward-looking statements and other views expressed herein are those of the portfolio managers as of the date of this report. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements and the views expressed herein are subject to change at any time, due to numerous market and other factors. The Funds disclaim any obligation to update publicly or revise any forward-looking statements or views expressed herein.

For financial reporting purposes, the ratings disclosed are the highest rating given by one of the following national rating agencies: Standard & Poor’s (S&P), Moody’s Investors Service, Inc. (Moody’s) or Fitch, Inc. (Fitch). This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Credit ratings are subject to change. AAA, AA, A and BBB are investment grade ratings; BB, B, CCC, CC, C and D are below investment grade ratings. Holdings designated N/R are not rated by these national rating agencies.

Refer to the Glossary of Terms Used in this Report for further definition of the terms used within this section.

 

5


Portfolio Managers’ Comments (continued)

 

What factors affected the U.S. economy and financial markets during the twelve-month reporting period ended December 31, 2018?

The U.S. economy accelerated in this reporting period, with gross domestic product (GDP) growth reaching 4.2% (annualized) in the second quarter of 2018, the fastest pace since 2014, then receding to a still relatively robust 3.4% annualized rate in the third quarter of 2018, according to the Bureau of Economic Analysis “third” estimate. GDP is the value of goods and services produced by the nation’s economy less the value of the goods and services used up in production, adjusted for price changes. The boost in economic activity during the second quarter of 2018 was attributed to robust spending by consumers, businesses and the government, as well as a temporary increase in exports, as farmers rushed soybean shipments ahead of China’s retaliatory tariffs. While consumer and government spending continued to drive economic growth in the third quarter, the export contribution declined as expected and both business spending and housing investment weakened. The government’s fourth quarter 2018 GDP growth estimate was not yet available due to the partial government shutdown from late December 2018 to late January 2019.

Consumer spending, the largest driver of the economy, remained well supported by low unemployment, wage gains and tax cuts. As reported by the Bureau of Labor Statistics, the unemployment rate fell to 3.9% in December 2018 from 4.1% in December 2017 and job gains averaged around 219,000 per month for the past twelve months. The jobs market has continued to tighten, while average hourly earnings grew at an annualized rate of 3.2% in December 2018. The Consumer Price Index (CPI) increased 1.9% over the twelve-month reporting period ended December 31, 2018 on a seasonally adjusted basis, as reported by the Bureau of Labor Statistics.

Low mortgage rates and low inventory drove home prices higher during this recovery cycle. But the price momentum slowed in recent months as mortgage rates began to drift higher and homes have become less affordable. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, which covers all nine U.S. census divisions, was up 5.2% year-over-year in November 2018 (most recent data available at the time this report was prepared). The 10-City and 20-City Composites reported year-over-year increases of 4.3% and 4.7%, respectively.

With the U.S. economy delivering a sustainable growth rate and employment strengthening, the Federal Reserve’s (Fed) policy making committee continued to incrementally raise its main benchmark interest rate. The most recent increase, in December 2018, was the fourth rate hike in 2018 and the ninth rate hike since December 2015. Fed Chair Janet Yellen’s term expired in February 2018, and the new Chairman Jerome Powell maintained the Fed’s gradual pace of interest rate hikes. However, amid signs that economic growth might have peaked, the markets’ unease about the future pace of monetary tightening, along with other factors, drove sharp volatility in the final months of 2018. Additionally, the Fed continued reducing its balance sheet by allowing a small amount of maturing Treasury and mortgage securities to roll off each month without reinvestment.

During the twelve-month reporting period, geopolitical news remained a prominent market driver. The U.S. moved forward with tariffs on imported goods from China, as well as on steel and aluminum from Canada, Mexico and Europe. These countries announced retaliatory measures in kind, intensifying concerns about a trade war, although there have been some positive developments. In July 2018, the U.S. and the European Union announced they would refrain from further tariffs while they negotiate trade terms, and in October 2018, the U.S., Mexico and Canada agreed to a new trade deal to replace the North American Free Trade Agreement. At the November 2018 G-20 summit, the U.S. and China agreed to a 90-day trade truce, although the details were murky. Brexit negotiations continued to be uncertain and Prime Minister Theresa May faced significant difficulty getting a plan approved in Parliament. Elsewhere in Europe, markets remained nervous about Italy’s new euroskeptic coalition government, immigration policy and political risk in Turkey. The U.S. Treasury issued additional sanctions on Russia in April 2018 and re-imposed sanctions on Iran following the U.S. withdrawal from the 2015 nuclear agreement. Bearish crude oil supply news, along with heightened tensions between the U.S. and Saudi Arabia after the disappearance of a Saudi journalist, drove oil price volatility. On the Korean peninsula, the leaders of South Korea and North Korea met during April 2018 and jointly announced a commitment toward peace, while the U.S.-North Korea summit yielded an agreement with few additional details. In the final week of

 

6


 

the reporting period, the U.S. government began a prolonged partial shutdown due to an impasse on border security funding (which ended in late January, subsequent to the close of the reporting period, when a temporary funding measure was passed).

Nuveen High Income 2020 Target Term Fund (JHY)

What key strategies were used to manage the Fund during this twelve-month reporting period ended December 31, 2018?

The Fund has an objective to provide a high level of current income and to return the original $9.85 net asset value (NAV) per common share on or about November 1, 2020. The Fund will seek to achieve its investment objectives by investing primarily in shorter maturity, high yield (below investment grade) corporate debt securities. High yield bonds typically offer higher yields than investment grade bonds, in exchange for greater credit risk. Bonds with shorter maturities have lower duration (or interest rate sensitivity) than longer maturity bonds, which may help mitigate price declines if rates rise.

The Fund may invest in other types of securities including senior loans, convertible securities and other types of debt instruments and derivatives that provide comparable economic exposure to the corporate debt market. At least 80% of its managed assets will be in corporate debt securities and separately, at least 80% in securities that, at the time of investment, are rated below investment grade or are unrated but judged by the portfolio managers to be of comparable quality. No more than 15% will be in securities rated CCC+/Caa1 or lower at the time of investment. Up to 30% may be in securities of non-U.S. issuers, including up to 20% in emerging market issuers and up to 10% may be in non-U.S. dollar denominated securities.

The Fund seeks to identify securities across diverse sectors and industries that the managers believe are undervalued or mispriced. In seeking to return the original NAV on or about November 1, 2020, the Fund intends to utilize various portfolio and cash flow management techniques, including setting aside a portion of its net investment income, possibly retaining gains and limiting the longest maturity of any holding to no later than May 1, 2021. The Fund also uses leverage.

How did the Fund perform during this twelve-month reporting period ended December 31, 2018?

The table in the Performance Overview and Holding Summaries section of this report provides total return performance for the Fund for the one-year and since inception periods ended December 31, 2018. For the twelve-month reporting period ended December 31, 2018, the Fund outperformed the Bloomberg Barclays U.S. High Yield 1-5 Year Cash Pay 2% Issuer Capped Index based on the Fund’s total return at NAV.

During the first nine months of 2018, the high yield bond market was supported by strong U.S. economic and employment data, modest interest rate volatility and a generally supportive technical backdrop. Limited net new issue supply, stabilizing retail flows and strong demand for U.S. credit from overseas buyers helped high yield hold its ground in the face of escalating trade friction and deterioration of the global growth story. Adding to the positive backdrop was a healthy earnings environment and continued supportive financing markets, which helped keep default rates well contained. During this time frame, high yield credit spreads reached their tightest levels of this cycle. Demand for short-duration high yield also remained strong in the context of the Fed raising its expectations for the federal funds rate. Despite the shift in central bank policy that represents a reversal of the friendly monetary backdrop, the global yield environment has remained under pressure from demand for yield outstripping supply. This backdrop contributed to a period of heavy refinancing activity, which impacted the Fund due to the high level of portfolio securities being called or tendered as companies looked to take advantage of the strong credit environment and nominally low all-in yields to extend maturities. But it also resulted in strong credit conditions, and by extension a continued period of low realized and projected default rates.

 

7


Portfolio Managers’ Comments (continued)

 

However, in the final months of the year, the high yield market sold off sharply driven by concerns about economic growth, Fed rate hikes, trade tensions and questions regarding the length of the credit cycle. The high yield sector saw large investor outflows, accelerating into year end, which drove prices lower despite the positive technical of limited issuance. High yield spreads widened sharply versus Treasuries. Nonetheless, credit fundamentals remained solid. Balance sheet leverage and interest coverage remained consistent with mid-cycle expansion and earnings continued to validate strong fundamentals, even as earnings growth rates moderated. Also, default rates remained subdued. The lower quality, CCC rated portion of the market underperformed for the full reporting period after suffering more during the sell-off due to credit worries and lower liquidity within the segment.

The Fund outperformed the benchmark during the reporting period, largely as a result of having a higher average quality rating and shorter duration than the index. From a quality perspective, the Fund benefited primarily from a significant underweight to the CCC rated segment of the market. In addition, the Fund’s significant underweight to the energy sector, as well as an underweight to capital goods and an overweight to transportation all contributed to outperformance. The Fund’s NAV declined along with market conditions, driven by a generalized increase in short-term yields during the reporting period, as well as mark-to-market declines resulting from pressure on high yield credit owing to general economic concerns and outflows from the sector, particularly late in the reporting period. Nonetheless, we saw little in the way of fundamental credit deterioration among portfolio credits and the Fund had no defaults.

While we continue to attempt to maximize portfolio yield where achievable, we do so within the context of managing the Fund’s credit quality and positioning the portfolio to alleviate the effects of early calls or redemptions. We have seen and expect to see additional call activity given the propensity for issuers to refinance their short-term debt and replace it with longer maturities. The Fund continues to take advantage of secondary market opportunities and has maintained a leveraged position.

Nuveen High Income December 2019 Target Term Fund (JHD)

What key strategies were used to manage the Fund during this twelve-month reporting period ended December 31, 2018?

The Fund has an objective to provide a high level of current income and to return the original $9.86 net asset value (NAV) per common share on or about December 1, 2019. The Fund will seek to achieve its investment objectives by investing primarily in shorter maturity, high yield (below investment grade) corporate debt securities. High yield bonds typically offer higher yields than investment grade bonds, in exchange for greater credit risk. Bonds with shorter maturities have lower duration (or interest rate sensitivity) than longer maturity bonds, which may help mitigate price declines if rates rise.

The Fund may invest in other types of securities including senior loans, convertible securities and other types of debt instruments and derivatives that provide comparable economic exposure to the corporate debt market. At least 80% of its managed assets will be in corporate debt securities and separately, at least 80% in securities that, at the time of investment, are rated below investment grade or are unrated but judged by the portfolio managers to be of comparable quality. No more than 15% will be in securities rated CCC+/Caa1 or lower at the time of investment. Up to 30% may be in securities of non-U.S. issuers, including up to 20% in emerging market issuers and up to 10% may be in non-U.S. dollar denominated securities.

The Fund seeks to identify securities across diverse sectors and industries that the managers believe are undervalued or mispriced. In seeking to return the original NAV on or about December 1, 2019, the Fund intends to utilize various portfolio and cash flow management techniques, including setting aside a portion of its net investment income, possibly retaining gains and limiting the longest maturity of any holding to no later than June 1, 2020. The Fund also uses leverage.

 

8


 

How did the Fund perform during this twelve-month reporting period ended December 31, 2018?

The table in the Performance Overview and Holding Summaries section of this report provides total return performance for the Fund for the one-year and since inception periods ended December 31, 2018. For the twelve-month reporting period ended December 31, 2018, the Fund outperformed the Bloomberg Barclays U.S. High Yield 1-5 Year Cash Pay 2% Issuer Capped Index based on the Fund’s total return at NAV.

During the first nine months of 2018, the high yield bond market was supported by strong U.S. economic and employment data, modest interest rate volatility and a generally supportive technical backdrop. Limited net new issue supply, stabilizing retail flows and strong demand for U.S. credit from overseas buyers helped high yield hold its ground in the face of escalating trade friction and deterioration of the global growth story. Adding to the positive backdrop was a healthy earnings environment and continued supportive financing markets, which helped keep default rates well contained. During this time frame, high yield credit spreads reached their tightest levels of this cycle. Demand for short-duration high yield also remained strong in the context of the Fed raising its expectations for the federal funds rate. Despite the shift in central bank policy that represents a reversal of the friendly monetary backdrop, the global yield environment has remained under pressure from demand for yield outstripping supply. This backdrop contributed to a period of heavy refinancing activity, which impacted the Fund due to the high level of portfolio securities being called or tendered as companies looked to take advantage of the strong credit environment and nominally low all-in yields to extend maturities. But it also resulted in strong credit conditions, and by extension a continued period of low realized and projected default rates.

However, in the final months of the reporting period, the high yield market sold off sharply driven by concerns about economic growth, Fed rate hikes, trade tensions and questions regarding the length of the credit cycle. The high yield sector saw large investor outflows, accelerating into the end of the reporting period, which drove prices lower despite the positive technical of limited issuance. High yield spreads widened sharply versus Treasuries. Nonetheless, credit fundamentals remained solid. Balance sheet leverage and interest coverage remained consistent with mid-cycle expansion and earnings continued to validate strong fundamentals, even as earnings growth rates moderated. Also, default rates remained subdued. The lower quality, CCC rated portion of the market underperformed for the full reporting period after suffering more during the sell-off due to credit worries and lower liquidity within the segment.

The Fund outperformed the benchmark during the reporting period, largely as a result of having a higher average quality rating and shorter duration than the index. In addition, credit performance within the Fund continued to be strong and suffered little in the way of credit deterioration. From a quality perspective, the Fund benefited primarily from a significant underweight to the CCC rated segment of the market. In addition, the Fund’s significant underweight to the energy sector, as well as an underweight to capital goods and an overweight to transportation all contributed to outperformance. We began the Fund’s deleveraging process in April 2018 as current yields available on suitable new investments in most cases were not attractive enough to deploy the use of leverage. The elimination of leverage is also consistent with our managing the evolution of the Fund toward its termination in December 2019.

We continue to hold a portion of portfolio assets that mature within the six-month window after the Fund’s stated termination, in accordance with prospectus guidelines, which we plan to liquidate in advance of termination. We are increasingly reinvesting the proceeds of called and matured securities into higher-quality and short-dated instruments as we move closer to the termination date. These developments are consistent with our expectations and with the guidelines we set forth in the prospectus at the Fund’s inception.

While we continue to attempt to maximize portfolio yield where achievable, we do so within the context of protecting the Fund’s credit quality and positioning the portfolio to alleviate the effects of early calls or redemptions. We have seen and expect to see additional call activity given the most recent downward trend in rates and the propensity for issuers to refinance their short-term debt and replace it with longer maturities. However, the Fund’s NAV has remained stable and remains above the original NAV at inception. As of the end of the reporting period, the Fund was on track to return its original NAV as described in its prospectus.

 

9


Portfolio Managers’ Comments (continued)

 

Nuveen High Income November 2021 Target Term Fund (JHB)

What key strategies were used to manage the Fund during this twelve-month reporting period ended December 31, 2018?

The Fund has an objective to provide a high level of current income and to return the original $9.85 net asset value (NAV) per common share on or about November 1, 2021. The Fund will seek to achieve its investment objectives by investing primarily in shorter maturity, high yield (below investment grade) corporate debt securities. High yield bonds typically offer higher yields than investment grade bonds, in exchange for greater credit risk. Bonds with shorter maturities have lower duration (or interest rate sensitivity) than longer maturity bonds, which may help mitigate price declines if rates rise.

The Fund may invest in other types of securities including senior loans, convertible securities and other types of debt instruments and derivatives that provide comparable economic exposure to the corporate debt market. At least 80% of its managed assets will be in corporate debt securities and separately, at least 80% in securities that, at the time of investment, are rated below investment grade or are unrated but judged by the portfolio managers to be of comparable quality. No more than 15% will be in securities rated CCC+/Caa1 or lower at the time of investment. Up to 30% may be in securities of non-U.S. issuers, including up to 20% in emerging market issuers, and up to 10% may be in non-U.S. dollar denominated securities.

The Fund seeks to identify securities across diverse sectors and industries that the managers believe are undervalued or mispriced. In seeking to return the original NAV on or about November 1, 2021, the Fund intends to utilize various portfolio and cash flow management techniques, including setting aside a portion of its net investment income, possibly retaining gains and limiting the longest maturity of any holding to no later than May 1, 2022. The Fund also uses leverage.

How did the Fund perform during this twelve-month reporting period ended December 31, 2018?

The table in the Performance Overview and Holding Summaries section of this report provides total return performance for the Fund for the one-year and since inception periods ended December 31, 2018. For the twelve-month reporting period ended December 31, 2018, the Fund underperformed the Bloomberg Barclays U.S. High Yield 1-5 Year Cash Pay 2% Issuer Capped Index based on the Fund’s total return at NAV.

During the first nine months of 2018, the high yield bond market was supported by strong U.S. economic and employment data, modest interest rate volatility and a generally supportive technical backdrop. Limited net new issue supply, stabilizing retail flows and strong demand for U.S. credit from overseas buyers helped high yield hold its ground in the face of escalating trade friction and deterioration of the global growth story. Adding to the positive backdrop was a healthy earnings environment and continued supportive financing markets, which helped keep default rates well contained. During this time frame, high yield credit spreads reached their tightest levels of this cycle. Demand for short-duration high yield also remained strong in the context of the Fed raising its expectations for the federal funds rate. Despite the shift in central bank policy that represents a reversal of the friendly monetary backdrop, the global yield environment has remained under pressure from demand for yield outstripping supply. This backdrop contributed to a period of heavy refinancing activity, which impacted the Fund due to the high level of portfolio securities being called or tendered as companies looked to take advantage of the strong credit environment and nominally low all-in yields to extend maturities. But it also resulted in strong credit conditions, and by extension a continued period of low realized and projected default rates.

However, in the final months of the reporting period, the high yield market sold off sharply driven by concerns about economic growth, Fed rate hikes, trade tensions and questions regarding the length of the credit cycle. The high yield sector saw large investor outflows, accelerating into year end, which drove prices lower despite the positive technical of limited issuance. High yield spreads widened sharply versus Treasuries. Nonetheless, credit fundamentals remained

 

10


 

solid. Balance sheet leverage and interest coverage remained consistent with mid-cycle expansion and earnings continued to validate strong fundamentals, even as earnings growth rates moderated. Also, default rates remained subdued. The lower quality, CCC rated portion of the market underperformed for the full reporting period after suffering more during the sell-off due to credit worries and lower liquidity within the segment.

The Fund underperformed the benchmark modestly during the reporting period, largely as a result of the impact of leverage in the Fund in a period of generalized downward price pressure in the high yield market. The Fund’s NAV declined along with market conditions, driven by a generalized increase in market yields during the reporting period, as well as mark-to-market declines resulting from pressure on high yield credit owing to general economic concerns and outflows from the sector, particularly late in the period. Nonetheless, the Fund benefited from having a higher average quality rating and shorter duration than the index. From a quality perspective, the Fund benefited primarily from a significant underweight to the CCC rated segment of the market. Also, an underweight to energy, as well as selection within energy credits, was beneficial to the Fund, as was an overweight to financials. From an allocation perspective, an overweight to basic industries and an underweight to communications both detracted from performance.

Despite the sharp sell-off in the high yield market into the end of the reporting period, we saw little in the way of fundamental credit deterioration among portfolio credits and the Fund had no defaults. We continued to manage the composition of credit risk in the portfolio and adjust individual credit positions, based on developing research views and valuation changes, with the objective of optimizing portfolio yield and maintaining credit disciplines for the Fund’s investment horizon. We also continued to manage calls, maturities and the cash flow profile of the Fund with the target of managing yield in light of the Fund’s termination date.

Nuveen High Income 2023 Target Term Fund (JHAA)

What key strategies were used to manage the Fund during this twelve-month reporting period ended December 31, 2018?

The Fund has an objective to provide a high level of current income and to return the original $9.875 net asset value (NAV) per common share on or about December 1, 2023. The Fund seeks to protect against credit losses to help ensure the goal of returning its original NAV. While the Fund is designed to own more or less a static portfolio of high yield bonds, at times we have to add new securities to replace ones that have been called away or tendered. As we replace these bonds, we will seek to maximize the Fund’s yield within the maturity, diversification and credit quality constraints described at the outset of the strategy. We may also look to maximize the Fund’s yield through opportunistic sales of securities that we believe have reached their upside potential, investing the proceeds in other securities that have a more attractive yield or credit profile. Our goal is to monetize some holdings at a gain, which should help to offset any realized or mark-to-market losses that may occur elsewhere in the portfolio. We believe the Fund’s focus on shorter-dated maturities, coupled with limitations to CCC rated securities, should result in lower volatility and help buffer its NAV performance during periods of weakness for the high yield market.

How did the Fund perform during this twelve-month reporting period ended December 31, 2018?

The table in the Performance Overview and Holding Summaries section of this report provides total return performance for the Fund for the since inception period ended December 31, 2018. For the since inception reporting period ended December 31, 2018, the Fund outperformed the Bloomberg Barclays U.S. High Yield 1-5 Year Cash Pay 2% Issuer Capped Index based on the Fund’s total return at NAV.

The Fund was launched on December 18, 2018, less than two weeks before the end of the reporting period. Due to the illiquidity associated with year-end trading conditions, as well as the significant cheapening of the high yield market amid forced selling, the proceeds from the Fund’s offering remained uninvested as of the end of the reporting period. Our objective at the end of the reporting period was to invest up the initial proceeds in accordance with prospectus guidelines within a short time frame at the beginning of 2019. We also expected to be able to invest any additional proceeds from Fund borrowings and share sales promptly following receipt of these proceeds.

 

11


Fund Leverage

 

IMPACT OF THE FUNDS’ LEVERAGE STRATEGIES ON PERFORMANCE

One important factor impacting the returns of JHY’s, JHD’s and JHB’s common shares relative to their comparative benchmarks was the Funds’ use of leverage through bank borrowings. The Funds use leverage because our research has shown that, over time, leveraging provides opportunities for additional income and total return, particularly in the recent market environment where short-term market rates are at or near historical lows, meaning that the short-term rates the Fund has been paying on its leveraging instruments in recent years have been much lower than the interest the Fund has been earning on its portfolio securities that it has bought with the proceeds of that leverage.

However, use of leverage can expose Fund common shares to additional price volatility. When a Fund uses leverage, the Fund common shares will experience a greater increase in their net asset value if the securities acquired through the use of leverage increase in value, but will also experience a correspondingly larger decline in their net asset value if the securities acquired through leverage decline in value, which will make the shares’ net asset value more volatile, and total return performance more variable, over time.

In addition, common share income in levered funds will typically decrease in comparison to unlevered funds when short-term interest rates increase and increase when short-term interest rates decrease. Over the last few quarters, short-term interest rates have indeed increased from their extended lows after the 2007-09 financial crisis. This increase has reduced common share net income, and also reduced potential for long-term total returns. Nevertheless, the ability to effectively borrow at current short-term rates is still resulting in enhanced common share income, and management believes that the advantages of continuation of leverage outweigh the associated increase in risk and volatility described above.

The Funds’ use of leverage had a positive impact on total return performance during this reporting period.

As of December 31, 2018, the Funds’ percentages of leverage are shown in the accompanying table.

 

     JHY        JHD        JHB        JHAA  

Effective Leverage*

    29.15                 26.36         

Regulatory Leverage*

    29.15                 26.36         
*

Effective Leverage is a Fund’s effective economic leverage, and includes both regulatory leverage and the leverage effects of certain derivative and other investments in a Fund’s portfolio that increase the Fund’s investment exposure. Regulatory leverage consists of preferred shares issued or borrowings of a Fund. Both of these are part of a Fund’s capital structure. A Fund, however, may from time to time borrow on a typically transient basis in connection with its day-to-day operations, primarily in connection with the need to settle portfolio trades. Such incidental borrowings are excluded from the calculation of a Fund’s effective leverage ratio. Regulatory leverage is subject to asset coverage limits set forth in the Investment Company Act of 1940.

THE FUNDS’ REGULATORY LEVERAGE

Bank Borrowings

As noted above, the Funds employ leverage through the use of bank borrowings. The Funds’ bank borrowing activities are as shown in the accompanying table.

 

    Current Reporting Period           Subsequent to the Close of
the Reporting Period
 
Fund   January 1, 2018     Draws     Paydowns     December 31, 2018     Average Balance
Outstanding
           Draws     Paydowns     February 28,
2019
 

JHY

  $ 44,000,000     $ 17,500,000     $     $ 61,500,000     $ 56,938,356             $     —     $     —     $ 61,500,000  

JHD

  $ 63,500,000     $     $ (63,500,000   $     $ 33,874,721             $     $     $  

JHB

  $ 190,000,000     $     —     $     $ 190,000,000     $ 190,000,000             $
17,000,000
 
  $     $ 207,000,000  

JHAA

  $     $     $     $     $             $ 26,500,000     $     $ 26,500,000  

Refer to Notes to Financial Statements, Note 8 – Borrowing Arrangements for further details.

 

12


Common Share Information

 

DISTRIBUTION INFORMATION

The following information regarding the Funds’ distributions is current as of December 31, 2018. Each Fund’s distribution levels may vary over time based on each Fund’s investment activity and portfolio investment value changes.

During the current reporting period, the Funds’ distributions to shareholders were as shown in the accompanying table.

 

    Per Share Amounts  
Monthly Distributions (Ex-Dividend Date)   JHY        JHD        JHB  

January 2018

  $ 0.0470        $ 0.0415        $ 0.0500  

February

    0.0470          0.0415          0.0500  

March

    0.0440          0.0375          0.0465  

April

    0.0440          0.0375          0.0465  

May

    0.0440          0.0375          0.0465  

June

    0.0420          0.0350          0.0465  

July

    0.0420          0.0350          0.0465  

August

    0.0420          0.0350          0.0465  

September

    0.0390          0.0350          0.0465  

October

    0.0390          0.0350          0.0465  

November

    0.0390          0.0350          0.0465  

December 2018

    0.0390          0.0325          0.0465  

Total Distributions from Net Investment Income

  $ 0.5080        $ 0.4380        $ 0.5650  

Total Distributions from Long-Term Capital Gains*

  $        $ 0.0434        $ 0.0199  

Total Distributions

  $ 0.5080        $ 0.4814        $ 0.5849  

Current Distribution Rate**

    4.72        3.96        6.27
*

Distribution paid in December 2018.

**

Current distribution rate is based on the Fund’s current annualized monthly distribution divided by the Fund’s current market price. The Fund’s monthly distributions to its shareholders may be comprised of ordinary income, net realized capital gains and, if at the end of the fiscal year the Fund’s cumulative net ordinary income and net realized gains are less than the Fund’s distributions, a return of capital for tax purposes.

Each Fund seeks to pay regular monthly dividends out of its net investment income at a rate that reflects its past and projected net income performance. To permit each Fund to maintain a more stable monthly dividend, the Fund may pay dividends at a rate that may be more or less than the amount of net income actually earned by the Fund during the period. Distributions to shareholders are determined on a tax basis, which may differ from amounts recorded in the accounting records. In instances where the monthly dividend exceeds the earned net investment income, the Fund would report a negative undistributed net ordinary income. Refer to Note 6 – Income Tax Information for additional information regarding the amounts of undistributed net ordinary income and undistributed net long-term capital gains and the character of the actual distributions paid by the Fund during the period.

All monthly dividends paid by each Fund during the current reporting period were paid from net investment income. If a portion of the Fund’s monthly distributions is sourced or comprised of elements other than net investment income, including capital gains and/or a return of capital, shareholders will be notified of those sources. For financial reporting purposes, the per share amounts of each Fund’s distributions for the reporting period are presented in this report’s Financial Highlights. For income tax purposes, distribution information for each Fund as of its most recent tax year end is presented in Note 6 – Income Tax Information within the Notes to Financial Statements of this report.

 

13


Common Share Information (continued)

 

COMMON SHARE EQUITY SHELF PROGRAM

During the current reporting period, JHY was authorized by the Securities and Exchange Commission to issue additional common shares through an equity shelf program (“Shelf Offering”). Under this program JHY, subject to market conditions, may raise additional capital from time to time in varying amounts and offering methods at a net price at or above the Fund’s NAV per common share. Under the Shelf Offering, the Fund was authorized to issue additional shares as shown in the accompanying table.

 

     JHY  

Additional authorized common shares

    3,400,000

 

*

Represents additional authorized common shares for the period January 1, 2018 through October 31, 2018.

During the current reporting period, JHY sold shares through its Shelf Offering at a weighted average premium to its NAV per common share as shown in the accompanying table.

 

     JHY  

Common shares sold through Shelf Offering

    119,829  

Weighted average premium to NAV per common share sold

    1.29

Refer to the Notes to Financial Statements, Note 4 – Fund Shares, Common Shares Equity Shelf Programs and Offering Costs for further details of Shelf Offerings and the Fund’s transactions.

COMMON SHARE REPURCHASES

During August 2018, the Funds’ Board of Trustees reauthorized an open-market share repurchase program, allowing JHY, JHD and JHB to repurchase an aggregate of up to approximately 10% of its outstanding shares.

As of December 31, 2018, and since the inception of the Funds’ repurchase programs, the Funds have cumulatively repurchased and retired their outstanding shares as shown in the accompanying table.

 

     JHY        JHD        JHB  

Common shares cumulatively repurchased and retired

                       

Common shares authorized for repurchase

    1,575,000          2,705,000          5,585,000  

OTHER COMMON SHARE INFORMATION

As of December 31, 2018, and during the current reporting period, the Funds’ common share prices were trading at premium/(discount) to their common share NAVs as shown in the accompanying table.

 

     JHY        JHD        JHB        JHAA  

Common share NAV

  $ 9.48        $ 9.89        $ 9.50        $ 9.85  

Common share price

  $ 9.92        $ 9.86        $ 8.90        $ 10.85  

Premium/(Discount) to NAV

    4.64        (0.30 )%         (6.32 )%         10.15

12-month average premium/(discount) to NAV

    0.73        (1.91 )%         (3.80 )%         4.84 %* 

 

*

For the period December 18, 2018 (commencement of operations) through December 31, 2018.

JHY, JHD, JHB and JHAA each have an investment objective to return $9.85, $9.86, $9.85 and $9.875, respectively (the original net asset value following each Fund’s initial public offering (the “Original NAV”)) to shareholders on or about the end of the Fund’s term. There can be no assurance that the Funds will be able to return the Original NAV to shareholders, and such return is not backed or otherwise guaranteed by the Funds’ investment adviser, Nuveen Fund Advisors, LLC (the “Adviser”), or any other entity.

Each Fund’s ability to return Original NAV to common shareholders on or about the termination date will depend on market conditions and the success of various portfolio and cash flow management techniques. Each Fund currently intends to set aside and retain in its net assets a portion of its net investment income and possibly all or a portion of its

 

14


 

gains. This will reduce the amounts otherwise available for distribution prior to the liquidation of each Fund, and the Fund may incur taxes on such retained amount, which will reduce the overall amounts that the Fund would have otherwise been able to distribute. Such retained income or gains, net of any taxes, would constitute a portion of the liquidating distribution returned to investors at the end of each Fund’s term. In addition, each Fund’s investment in shorter term and lower yielding securities, especially as the Fund nears the end of its term, may reduce investment income and, therefore, the monthly dividends during the period prior to termination. Investors that purchase shares in the secondary market (particularly if their purchase price differs meaningfully from the Original NAV) may receive more or less than their original investment.

 

15


Risk Considerations

 

Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation.

Nuveen High Income 2020 Target Term Fund (JHY)

Investing in closed-end funds involves risk; principal loss is possible. There is no guarantee the Fund’s investment objectives will be achieved. Closed-end fund shares may frequently trade at a discount or premium to their net asset value. Debt or fixed income securities such as those held by the Fund, are subject to market risk, credit risk, interest rate risk, derivatives risk, liquidity risk, and income risk. As interest rates rise, bond prices fall. Lower credit debt securities may be more likely to fail to make timely interest or principal payments and may be subject to higher liquidity risk. Leverage increases return volatility and magnifies the Fund’s potential return and its risks; there is no guarantee a fund’s leverage strategy will be successful. Foreign investments involve additional risks, including currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. The risks of foreign investments are magnified in emerging markets. These and other risk considerations including the Fund’s limited term and call risk are described in more detail on the Fund’s web page at www.nuveen.com/JHY.

Nuveen High Income December 2019 Target Term Fund (JHD)

Investing in closed-end funds involves risk; principal loss is possible. There is no guarantee the Fund’s investment objectives will be achieved. Closed-end fund shares may frequently trade at a discount or premium to their net asset value. Debt or fixed income securities such as those held by the Fund, are subject to market risk, credit risk, interest rate risk, derivatives risk, liquidity risk, and income risk. As interest rates rise, bond prices fall. Lower credit debt securities may be more likely to fail to make timely interest or principal payments and may be subject to higher liquidity risk. Leverage increases return volatility and magnifies the Fund’s potential return and its risks; there is no guarantee a fund’s leverage strategy will be successful. Foreign investments involve additional risks, including currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. The risks of foreign investments are magnified in emerging markets. These and other risk considerations including the Fund’s limited term and call risk are described in more detail on the Fund’s web page at www.nuveen.com/JHD.

Nuveen High Income November 2021 Target Term Fund (JHB)

Investing in closed-end funds involves risk; principal loss is possible. There is no guarantee the Fund’s investment objectives will be achieved. Closed-end fund shares may frequently trade at a discount or premium to their net asset value. Debt or fixed income securities such as those held by the Fund, are subject to market risk, credit risk, interest rate risk, derivatives risk, liquidity risk, and income risk. As interest rates rise, bond prices fall. Lower credit debt securities may be more likely to fail to make timely interest or principal payments and may be subject to higher liquidity risk. Leverage increases return volatility and magnifies the Fund’s potential return and its risks; there is no guarantee a fund’s leverage strategy will be successful. Foreign investments involve additional risks, including currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. The risks of foreign investments are magnified in emerging markets. These and other risk considerations including the Fund’s limited term and call risk are described in more detail on the Fund’s web page at www.nuveen.com/JHB.

Nuveen High Income 2023 Target Term Fund (JHAA)

Investing in closed-end funds involves risk; principal loss is possible. There is no guarantee the Fund’s investment objectives will be achieved. Closed-end fund shares may frequently trade at a discount or premium to their net asset value. Debt or fixed income securities such as those held by the Fund, are subject to market risk, credit risk, interest rate risk, derivatives risk, liquidity risk, and income risk. As interest rates rise, bond prices fall. Lower credit debt securities may be more likely to fail to make timely interest or principal payments and may be subject to higher liquidity risk.

 

16


 

Adjustable Rate Senior Loans may not be fully secured by collateral, generally do not trade on exchanges, and are typically issued by unrated or below-investment grade companies, and therefore are subject to greater liquidity and credit risk. Leverage increases return volatility and magnifies the Fund’s potential return and its risks; there is no guarantee a fund’s leverage strategy will be successful. Foreign investments involve additional risks, including currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. The risks of foreign investments are magnified in emerging markets. These and other risk considerations including the Fund’s limited term and call risk are described in more detail on the Fund’s web page at www.nuveen.com/JHAA.

 

17


JHY     

Nuveen High Income 2020 Target Term Fund

Performance Overview and Holding Summaries as of December 31, 2018

 

Refer to the Glossary of Terms Used in this Report for further definition of the terms used within this section.

Average Annual Total Returns as of December 31, 2018

 

       Average Annual  
        1-Year        Since
Inception
 
JHY at Common Share NAV        0.97%          5.38%  
JHY at Common Share Price        5.42%          6.15%  
Bloomberg Barclays U.S. High Yield 1-5 Year Cash Pay 2% Issuer Capped Index        0.12%          4.58%  

Since inception returns are from 7/28/15. Past performance is not predictive of future results. Current performance may be higher or lower than the data shown. Returns do not reflect the deduction of taxes that shareholders may have to pay on Fund distributions or upon the sale of Fund shares. Returns at NAV are net of Fund expenses, and assume reinvestment of distributions. Comparative index return information is provided for the Fund’s shares at NAV only. Indexes are not available for direct investment.

Common Share Price Performance — Weekly Closing Price

 

LOGO

 

18


 

This data relates to the securities held in the Fund’s portfolio of investments as of the end of the reporting period. It should not be construed as a measure of performance for the Fund itself. Holdings are subject to change.

For financial reporting purposes, the ratings disclosed are the highest rating given by one of the following national rating agencies: Standard & Poor’s Group, Moody’s Investors Service, Inc. or Fitch, Inc. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Credit ratings are subject to change. AAA, AA, A and BBB are investment grade ratings; BB, B, CCC, CC, C and D are below-investment grade ratings. Holdings designated N/R are not rated by these national rating agencies.

 

Fund Allocation

(% of net assets)

 

Corporate Bonds     131.1%  
Convertible Bonds     4.0%  
Sovereign Debt     2.3%  
Repurchase Agreements     1.7%  
Other Assets Less Liabilities     2.0%  

Net Assets Plus Borrowings

    141.1%  
Borrowings     (41.1)%  

Net Assets

    100%  

Country Allocation

(% of total investments)1

 

United States     78.6%  
Canada     3.9%  
Bermuda     1.9%  

Brazil

    1.5%  
Netherlands     1.5%  

Hong Kong

    1.4%  

Luxembourg

    1.4%  

Japan

    1.2%  

Zambia

    1.2%  

Australia

    1.1%  
Other     6.3%  

Total

    100%  

Portfolio Composition

(% of total investments)

 

Specialty Retail     6.6%  
Oil, Gas & Consumable Fuels     6.4%  
Household Durables     5.9%  
Metals & Mining     5.7%  
Media     5.3%  
Airlines     5.1%  
Consumer Finance     4.9%  
Health Care Providers & Services     4.3%  
Wireless Telecommunication Services     4.1%  
Hotels, Restaurants & Leisure     3.8%  
Commercial Services & Supplies     3.3%  
Technology Hardware, Storage & Peripherals     2.8%  
Equity Real Estate Investment Trusts     2.7%  
Containers & Packaging     2.7%  
Diversified Financial Services     2.5%  
Independent Power & Renewable Electricity Producers     2.4%  
Chemicals     2.1%  
Aerospace & Defense     1.7%  
Energy Equipment & Services     1.7%  
Entertainment     1.6%  
Mortgage Real Estate Investment Trusts     1.5%  
Machinery     1.4%  
Other     18.6%  
Sovereign Debt     1.7%  
Repurchase Agreements     1.2%  

Total

    100%  

Portfolio Credit Quality

(% of total long-term investments)

 

A     0.1%  
BBB     11.1%  
BB or Lower     86.2%  
N/R (not rated)     2.6%  

Total

    100%  

Top Five Issuers

(% of total investments)

 

Limited Brands Inc.     1.9%  
Hertz Global Holdings Inc.     1.9%  
CenturyLink Inc.     1.8%  
Netflix Inc.     1.6%  
NCR Corporation     1.6%  
 

 

1

Includes 9.9% (as a percentage of total investments) in emerging markets countries.

 

19


JHD     

Nuveen High Income December 2019 Target Term Fund

Performance Overview and Holding Summaries as of December 31, 2018

 

Refer to the Glossary of Terms Used in this Report for further definition of the terms used within this section.

Average Annual Total Returns as of December 31, 2018

 

       Average Annual  
        1-Year        Since
Inception
 
JHD at Common Share NAV        1.92%          5.44%  
JHD at Common Share Price        3.31%          4.81%  
Bloomberg Barclays U.S. High Yield 1-5 Year Cash Pay 2% Issuer Capped Index        0.12%          6.23%  

Since inception returns are from 5/10/16. Past performance is not predictive of future results. Current performance may be higher or lower than the data shown. Returns do not reflect the deduction of taxes that shareholders may have to pay on Fund distributions or upon the sale of Fund shares. Returns at NAV are net of Fund expenses, and assume reinvestment of distributions. Comparative index return information is provided for the Fund’s shares at NAV only. Indexes are not available for direct investment.

Common Share Price Performance — Weekly Closing Price

 

LOGO

 

20


 

This data relates to the securities held in the Fund’s portfolio of investments as of the end of the reporting period. It should not be construed as a measure of performance for the Fund itself. Holdings are subject to change.

For financial reporting purposes, the ratings disclosed are the highest rating given by one of the following national rating agencies: Standard & Poor’s Group, Moody’s Investors Service, Inc. or Fitch, Inc. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Credit ratings are subject to change. AAA, AA, A and BBB are investment grade ratings; BB, B, CCC, CC, C and D are below-investment grade ratings. Holdings designated N/R are not rated by these national rating agencies.

 

Fund Allocation

(% of net assets)

 

Corporate Bonds     88.4%  
Sovereign Debt     6.2%  
Convertible Bonds     4.0%  
Repurchase Agreements     0.2%  
Other Assets Less Liabilities     1.2%  

Net Assets

    100%  

Country Allocation

(% of total investments)1

 

United States     70.3%  
Brazil     3.7%  

Canada

    3.7%  
Japan     2.4%  
Spain     2.1%  
United Kingdom     1.9%  
Luxembourg     1.8%  
Australia     1.6%  
Israel     1.6%  
Italy     1.5%  
Other     9.4%  

Total

    100%  

Portfolio Composition

(% of total investments)

 

Oil, Gas & Consumable Fuels     8.0%  
Household Durables     6.6%  
Media     6.0%  
Airlines     5.1%  
Wireless Telecommunication Services     4.7%  
Health Care Providers & Services     4.5%  
Hotels, Restaurants & Leisure     4.2%  
Consumer Finance     4.0%  
Equity Real Estate Investment Trusts     3.8%  
Technology Hardware, Storage & Peripherals     3.5%  
Automobiles     3.2%  
Pharmaceuticals     3.0%  
Chemicals     2.9%  
Specialty Retail     2.9%  
Electric Utilities     2.4%  
Metals & Mining     2.3%  
Independent Power & Renewable Electricity Producers     2.1%  
Aerospace & Defense     1.8%  
Diversified Financial Services     1.6%  
Gas Utilities     1.6%  
Other     19.4%  
Sovereign Debt     6.2%  
Repurchase Agreements     0.2%  

Total

    100%  

Portfolio Credit Quality

(% of total long-term investments)

 

A     0.6%  
BBB     23.5%  
BB or Lower     74.4%  
N/R (not rated)     1.5%  

Total

    100%  

Top Five Issuers

(% of total investments)

 

EMC Corporation     2.9%  
CenturyLink Inc.     2.3%  
HCA Inc.     2.1%  
Atlanta Yield PLC     2.1%  
MGM Resorts International Inc.     2.0%  
 

 

1

Includes 12.8% (as a percentage of total investments) in emerging markets countries.

 

21


JHB     

Nuveen High Income November 2021 Target Term Fund

Performance Overview and Holding Summaries as of December 31, 2018

 

Refer to the Glossary of Terms Used in this Report for further definition of the terms used within this section.

Average Annual Total Returns as of December 31, 2018

 

       Average Annual  
        1-Year        Since
Inception
 
JHB at Common Share NAV        (0.43)%          4.20%  
JHB at Common Share Price        (4.99)%          0.83%  
Bloomberg Barclays U.S. High Yield 1-5 Year Cash Pay 2% Issuer Capped Index        0.12%          4.24%  

Since inception returns are from 8/23/16. Past performance is not predictive of future results. Current performance may be higher or lower than the data shown. Returns do not reflect the deduction of taxes that shareholders may have to pay on Fund distributions or upon the sale of Fund shares. Returns at NAV are net of Fund expenses, and assume reinvestment of distributions. Comparative index return information is provided for the Fund’s shares at NAV only. Indexes are not available for direct investment.

Common Share Price Performance — Weekly Closing Price

 

LOGO

 

22


 

This data relates to the securities held in the Fund’s portfolio of investments as of the end of the reporting period. It should not be construed as a measure of performance for the Fund itself. Holdings are subject to change.

For financial reporting purposes, the ratings disclosed are the highest rating given by one of the following national rating agencies: Standard & Poor’s Group, Moody’s Investors Service, Inc. or Fitch, Inc. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Credit ratings are subject to change. AAA, AA, A and BBB are investment grade ratings; BB, B, CCC, CC, C and D are below-investment grade ratings. Holdings designated N/R are not rated by these national rating agencies.

 

Fund Allocation

(% of net assets)

 

Corporate Bonds     131.3%  
Sovereign Debt     1.4%  
Convertible Bonds     0.7%  
Other Assets Less Liabilities     2.4%  

Net Assets Plus Borrowings

    135.8%  
Borrowings     (35.8)%  

Net Assets

    100%  

Country Allocation

(% of total investments)1

 

United States     74.2%  
Canada     5.0%  
United Kingdom     2.8%  

Japan

    2.3%  
China     1.5%  
Brazil     1.4%  
Italy     1.3%  
Luxembourg     1.2%  
Netherlands     1.2%  
Bermuda     0.9%  
Other     8.2%  

Total

    100%  

Portfolio Composition

(% of total investments)

 

Media     10.5%  
Oil, Gas & Consumable Fuels     9.1%  
Metals & Mining     7.2%  
Household Durables     6.2%  
Health Care Providers & Services     4.7%  
Commercial Services & Supplies     4.0%  
Hotels, Restaurants & Leisure     4.0%  
Consumer Finance     3.8%  
Diversified Financial Services     3.3%  
Specialty Retail     3.2%  
Wireless Telecommunication Services     3.2%  
Equity Real Estate Investment Trusts     3.0%  
Chemicals     2.7%  
Technology Hardware, Storage & Peripherals     2.6%  
Energy Equipment & Services     2.5%  
Airlines     2.3%  
Pharmaceuticals     1.9%  
Thrifts & Mortgage Finance     1.9%  
Aerospace & Defense     1.9%  
Diversified Telecommunication Services     1.9%  
Other     19.1%  
Sovereign Debt     1.0%  

Total

    100%  

Portfolio Credit Quality

(% of total long-term investments)

 

BBB     9.4%  
BB or Lower     88.3%  
N/R (not rated)     2.3%  

Total

    100%  

Top Five Issuers

(% of total investments)

 

CenturyLink Inc.     1.3%  
CSC Holdings Inc.     1.2%  
HCA Inc.     1.2%  
iStar Inc.     1.2%  
Allegheny Technologies Inc.     1.1%  
 

 

1

Includes 8.4% (as a percentage of total investments) in emerging markets countries.

 

23


JHAA     

Nuveen High Income 2023 Target Term Fund

Performance Overview and Holding Summaries as of December 31, 2018

 

Refer to the Glossary of Terms Used in this Report for further definition of the terms used within this section.

Cumulative Total Returns as of December 31, 2018

 

        Since
Inception
 
JHAA at Common Share NAV        (0.30)%  
JHAA at Common Share Price        8.50%  
Bloomberg Barclays U.S. High Yield 1-5 Year Cash Pay 2% Issuer Capped Index        (1.34)%  

Since inception returns are from 12/18/18. Past performance is not predictive of future results. Current performance may be higher or lower than the data shown. Returns do not reflect the deduction of taxes that shareholders may have to pay on Fund distributions or upon the sale of Fund shares. Returns at NAV are net of Fund expenses, and assume reinvestment of distributions. Comparative index return information is provided for the Fund’s shares at NAV only. Indexes are not available for direct investment.

Common Share Price Performance — Weekly Closing Price

 

LOGO

 

24


Report of Independent Registered Public Accounting Firm

 

To the Shareholders and Board of Trustees of

Nuveen High Income 2020 Target Term Fund

Nuveen High Income December 2019 Target Term Fund

Nuveen High Income November 2021 Target Term Fund

Nuveen High Income 2023 Target Term Fund:

Opinion on the Financial Statements

We have audited the accompanying statements of assets and liabilities, including the portfolios of investments, of Nuveen High Income 2020 Target Term Fund, Nuveen High Income December 2019 Target Term Fund, Nuveen High Income November 2021 Target Term Fund, and Nuveen High Income 2023 Target Term Fund (the “Funds”) as of December 31, 2018, the related statements of operations for the year then ended (period from December 18, 2018 (commencement of operations) to December 31, 2018 for Nuveen High Income 2023 Target Term Fund), the statements of cash flows of Nuveen High Income 2020 Target Term Fund, Nuveen High Income December 2019 Target Term Fund, and Nuveen High Income November 2021 Target Term Fund for the year then ended, the statements of changes in net assets for each of the years in the two-year period then ended (period from December 18, 2018 to December 31, 2018 for Nuveen High Income 2023 Target Term Fund), and the related notes (collectively, the “financial statements”) and the financial highlights for each of the years in the three-year period then ended and the period from July 28, 2015 (commencement of operations) to December 31, 2015 for Nuveen High Income 2020 Target Term Fund, each of the years in the two-year period then ended and the period from May 10, 2016 (commencement of operations) to December 31, 2016 for Nuveen High Income December 2019 Target Term Fund, each of the years in the two-year period then ended and the period from August 23, 2016 (commencement of operations) to December 31, 2016 for Nuveen High Income November 2021 Target Term Fund and the period from December 18, 2018 to December 31, 2018 for Nuveen High Income 2023 Target Term Fund. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Funds as of December 31, 2018, the results of their operations for the year then ended (period from December 18, 2018 to December 31, 2018 for Nuveen High Income 2023 Target Term Fund), the cash flows of Nuveen High Income 2020 Target Term Fund, Nuveen High Income December 2019 Target Term Fund, and Nuveen High Income November 2021 Target Term Fund for the year then ended, the changes in their net assets for each of the years in the two-year period then ended (period from December 18, 2018 to December 31, 2018 for Nuveen High Income 2023 Target Term Fund), and the financial highlights for each of the years in the three-year period then ended and the period from July 28, 2015 to December 31, 2015 for Nuveen High Income 2020 Target Term Fund, each of the years in the two-year period then ended and the period from May 10, 2016 to December 31, 2016 for Nuveen High Income December 2019 Target Term Fund, each of the years in the two-year period then ended and the period from August 23, 2016 to December 31, 2016 for Nuveen High Income November 2021 Target Term Fund and the period from December 18, 2018 to December 31, 2018 for Nuveen High Income 2023 Target Term Fund, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

 

25


Report of Independent Registered Public Accounting Firm (continued)

 

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Such procedures also included confirmation of securities owned as of December 31, 2018, by correspondence with the custodian and brokers or other appropriate auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. We believe that our audits provide a reasonable basis for our opinion.

/s/ KPMG LLP

We have served as the auditor of one or more Nuveen investment companies since 2014.

Chicago, Illinois

February 28, 2019

 

26


JHY   

Nuveen High Income 2020 Target
Term Fund

 

Portfolio of Investments    December 31, 2018

 

Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
 

LONG-TERM INVESTMENTS – 137.4% (98.8% of Total Investments)

          
 

CORPORATE BONDS – 131.1% (94.2% of Total Investments)

          
      Aerospace & Defense – 2.4%                           
$ 500    

Bombardier Inc., 144A

    7.750%        3/15/20        B      $ 507,500  
  1,500    

TransDigm Inc.

    5.500%        10/15/20        B–        1,488,750  
  1,700    

Triumph Group Inc.

    4.875%        4/01/21        CCC+        1,525,750  
  3,700    

Total Aerospace & Defense

                               3,522,000  
      Airlines – 7.1%                           
  250    

Air Canada 2015-1C Pass-Through Trust, 144A

    5.000%        3/15/20        BB+        251,250  
  2,344    

Air Canada, 144A

    7.750%        4/15/21        BB        2,478,194  
  2,325    

American Airlines Group Inc., 144A

    4.625%        3/01/20        BB–        2,313,375  
  120    

Continental Airlines 1999-1 Class A Pass-Through Trust

    6.545%        2/02/19        A+        120,587  
  3,000    

Delta Air Lines Inc.

    3.400%        4/19/21        Baa3        2,974,858  
  2,372    

Virgin Australia Holdings Limited, 144A

    8.500%        11/15/19        B–        2,390,976  
  10,411    

Total Airlines

                               10,529,240  
      Auto Components – 1.8%                           
  2,650    

Icahn Enterprises LP

    6.000%        8/01/20        BB+        2,646,688  
      Banks – 1.6%                           
  2,415    

CIT Group Inc.

    4.125%        3/09/21        BB+        2,378,775  
      Building Products – 1.4%                           
  2,000    

Omnimax International Inc., 144A

    12.000%        8/15/20        B–        2,050,000  
      Chemicals – 2.9%                           
  200    

CF Industries Inc.

    7.125%        5/01/20        BB+        206,000  
  1,000    

Hexion Inc.

    10.000%        4/15/20        CCC+        825,000  
  3,203    

Huntsman International LLC

    4.875%        11/15/20        BB+        3,211,007  
  100    

Methanex Corporation

    3.250%        12/15/19        Baa3        99,251  
  4,503    

Total Chemicals

                               4,341,258  
      Commercial Services & Supplies – 4.6%                           
  750    

ADT Security Corporation

    5.250%        3/15/20        BB–        751,875  
  1,550    

APX Group, Inc.

    8.750%        12/01/20        CCC        1,476,375  
  2,000    

Pitney Bowes Inc.

    3.625%        9/15/20        BBB–        1,955,000  
  2,645    

R.R. Donnelley & Sons Company

    7.875%        3/15/21        B–        2,645,000  
  6,945    

Total Commercial Services & Supplies

                               6,828,250  
      Consumer Finance – 6.8%                           
  500    

Ally Financial Inc.

    7.500%        9/15/20        BB+        518,750  
  2,000    

Ally Financial Inc.

    4.250%        4/15/21        BB+        1,962,820  
  2,400    

Credit Acceptance Corporation

    6.125%        2/15/21        BB        2,394,000  
  3,000    

Lincoln Finance Ltd, 144A

    7.375%        4/15/21        BB+        3,037,500  
  2,370    

Navient Corporation

    5.000%        10/26/20        BB        2,269,275  
  10,270    

Total Consumer Finance

                               10,182,345  
      Containers & Packaging – 3.7%                           
  2,455    

Ball Corporation

    4.375%        12/15/20        BB+        2,464,206  
  300    

Graphic Packaging International LLC

    4.750%        4/15/21        BB+        299,250  
  1,817    

Reynolds Group

    5.750%        10/15/20        B+        1,812,534  
  450    

Reynolds Group

    6.875%        2/15/21        B+        450,499  
  477    

Sealed Air Corporation, 144A

    6.500%        12/01/20        BB+        493,695  
  5,499    

Total Containers & Packaging

                               5,520,184  

 

27


JHY    Nuveen High Income 2020 Target Term Fund (continued)
   Portfolio of Investments    December 31, 2018

 

Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Diversified Financial Services – 3.5%                           
$ 2,000    

Jefferies Finance LLC Corporation, 144A

    7.375%        4/01/20        BB–      $ 1,995,000  
  1,000    

Jefferies Finance LLC Corporation, 144A

    7.500%        4/15/21        BB–        997,500  
  2,375    

Park Aerospace Holdings Limited., 144A

    3.625%        3/15/21        BB        2,285,938  
  5,375    

Total Diversified Financial Services

                               5,278,438  
      Diversified Telecommunication Services – 1.6%                           
  350    

Cogent Communications Finance Inc., 144A

    5.625%        4/15/21        B–        348,250  
  1,000    

Frontier Communications Corporation

    8.500%        4/15/20        B        885,000  
  1,190    

Level 3 Financing Inc.

    6.125%        1/15/21        BB        1,190,000  
  2,540    

Total Diversified Telecommunication Services

                               2,423,250  
      Electric Utilities – 1.3%                           
  2,000    

Talen Energy Supply LLC, 144A

    4.625%        7/15/19        B–        1,972,731  
      Energy Equipment & Services – 2.3%                           
  1,500    

Pride International LLC

    6.875%        8/15/20        B        1,518,750  
  2,025    

Resolute Energy Corporation

    8.500%        5/01/20        B+        1,994,625  
  3,525    

Total Energy Equipment & Services

                               3,513,375  
      Entertainment – 2.3%                           
  3,370    

Netflix Inc.

    5.375%        2/01/21        BB–        3,412,125  
      Equity Real Estate Investment Trusts – 3.7%                           
  2,750    

CoreCivic, Inc.

    4.125%        4/01/20        Ba1        2,688,125  
  1,150    

Gaming and Leisure Products Inc.

    4.875%        11/01/20        BBB–        1,159,775  
  974    

iStar Inc.

    5.000%        7/01/19        BB        970,956  
  750    

iStar Inc.

    4.625%        9/15/20        BB        731,250  
  5,624    

Total Equity Real Estate Investment Trusts

                               5,550,106  
      Food & Staples Retailing – 0.3%                           
  500    

Smithfield Foods Inc., 144A

    2.700%        1/31/20        BBB        493,174  
      Food Products – 1.4%                           
  2,060    

Marfrig Holdings Europe BV, 144A

    6.875%        6/24/19        BB–        2,073,390  
      Gas Utilities – 1.8%                           
  610    

Ferrellgas LP

    6.500%        5/01/21        Caa2        500,200  
  2,150    

NGL Energy Partners LP

    5.125%        7/15/19        B+        2,133,875  
  2,760    

Total Gas Utilities

                               2,634,075  
      Health Care Providers & Services – 6.0%                           
  285    

Acadia Healthcare

    6.125%        3/15/21        B–        282,863  
  2,200    

Centene Corporation

    5.625%        2/15/21        BB+        2,205,500  
  1,000    

HCA Holdings Inc.

    6.500%        2/15/20        BBB–        1,025,000  
  2,500    

HCA Inc.

    6.250%        2/15/21        Ba2        2,556,250  
  3,000    

Tenet Healthcare Corporation

    4.500%        4/01/21        BB–        2,917,500  
  8,985    

Total Health Care Providers & Services

                               8,987,113  
      Hotels, Restaurants & Leisure – 5.3%                           
  800    

GLP Capital LP

    4.375%        4/15/21        BBB–        796,744  
  3,006    

MGM Resorts International Inc.

    6.750%        10/01/20        BB        3,088,665  
  1,500    

Scientific Games International Inc.

    6.250%        9/01/20        CCC+        1,440,000  
  2,500    

Studio City Co Ltd, 144A

    5.875%        11/30/19        BB–        2,518,750  
  7,806    

Total Hotels, Restaurants & Leisure

                               7,844,159  
      Household Durables – 8.2%                           
  1,748    

Brookfield Residential Properties Inc., 144A

    6.500%        12/15/20        B+        1,745,815  
  1,830    

Lennar Corp

    8.375%        1/15/21        BBB–        1,944,375  
  1,500    

MDC Holdings Inc.

    5.625%        2/01/20        BBB–        1,515,000  
  2,299    

M-I Homes Inc.

    6.750%        1/15/21        BB–        2,287,505  
  1,500    

PulteGroup Inc.

    4.250%        3/01/21        BB+        1,488,750  

 

28


Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Household Durables (continued)                           
$ 2,655    

Taylor Morrison Communities Inc., 144A

    5.250%        4/15/21        BB      $ 2,628,450  
  425    

Toll Brothers Finance Corporation

    6.750%        11/01/19        BBB–        429,250  
  250    

Tri Pointe Holdings Inc.

    4.375%        6/15/19        BB–        248,125  
  12,207    

Total Household Durables

                               12,287,270  
      Independent Power & Renewable Electricity Producers – 2.3%                           
  1,500    

AES Corp/VA

    4.000%        3/15/21        BB+        1,473,750  
  2,000    

Atlantica Yield PLC, 144A

    7.000%        11/15/19        BB+        2,025,000  
  3,500    

Total Independent Power & Renewable Electricity Producers

                               3,498,750  
      Insurance – 1.2%                           
  320    

CNO Financial Group Inc.

    4.500%        5/30/20        Baa3        316,000  
  1,500    

Genworth Financial Inc.

    7.700%        6/15/20        B        1,515,000  
  1,820    

Total Insurance

                               1,831,000  
      Leisure Products – 1.6%                           
  2,400    

Mattel Inc.

    4.350%        10/01/20        B+        2,340,000  
      Machinery – 1.9%                           
  2,857    

Briggs & Stratton Corporation

    6.875%        12/15/20        BB        2,903,426  
      Media – 7.4%                           
  1,300    

Cablevision Systems Corporation

    8.000%        4/15/20        B–        1,316,250  
  1,000    

Clear Channel Worldwide, 144A

    8.750%        12/15/20        B+        1,007,500  
  1,790    

Clear Channel Worldwide

    7.625%        3/15/20        CCC+        1,745,250  
  350    

Dish DBS Corporation

    7.875%        9/01/19        BB        357,105  
  2,500    

Dish DBS Corporation

    5.125%        5/01/20        BB        2,468,750  
  2,001    

Mediacom Broadband LLC

    5.500%        4/15/21        B+        1,993,496  
  2,000    

Sinclair Television Group, 144A

    5.375%        4/01/21        B+        1,995,000  
  225    

Virgin Media Secured Finance PLC

    5.250%        1/15/21        BB+        223,673  
  11,166    

Total Media

                               11,107,024  
      Metals & Mining – 8.0%                           
  3,050    

Allegheny Technologies Inc.

    5.950%        1/15/21        B        2,989,000  
  1,500    

ArcelorMittal

    5.500%        3/01/21        BBB–        1,542,681  
  200    

Arconic Inc.

    6.150%        8/15/20        BBB–        204,014  
  850    

Arconic Inc.

    5.400%        4/15/21        BBB–        858,277  
  3,250    

Eldorado Gold Corporation, 144A

    6.125%        12/15/20        B        2,957,500  
  2,500    

First Quantum Minerals Limited, 144A

    7.000%        2/15/21        B        2,400,000  
  1,000    

Gold Fields Orogen Holdings BVI Limited, 144A

    4.875%        10/07/20        Baa3        988,800  
  12,350    

Total Metals & Mining

                               11,940,272  
      Mortgage Real Estate Investment Trusts – 1.9%                           
  3,000    

Starwood Property Trust Inc.

    3.625%        2/01/21        BB–        2,887,500  
      Multiline Retail – 1.1%                           
  2,150    

J.C. Penney Corporation Inc.

    5.650%        6/01/20        B        1,601,750  
      Multi-Utilities – 0.9%                           
  1,361    

DPL Inc.

    6.750%        10/01/19        BBB–        1,374,610  
      Oil, Gas & Consumable Fuels – 8.9%                           
  1,250    

Calumet Specialty Products

    6.500%        4/15/21        B–        1,043,750  
  781    

Chesapeake Energy Corporation

    6.625%        8/15/20        B–        755,617  
  226    

Chesapeake Energy Corporation

    6.875%        11/15/20        B–        219,220  
  225    

DCP Midstream Operating LP

    2.700%        4/01/19        BB+        223,172  
  1,750    

DCP Midstream Operating LP, 144A

    5.350%        3/15/20        BB+        1,756,563  
  1,740    

NuStar Logistics LP

    4.800%        9/01/20        BB        1,705,200  
  1,865    

NuStar Logistics LP

    6.750%        2/01/21        BB        1,878,987  
  980    

Petrobras International Finance Company

    5.375%        1/27/21        Ba2        996,170  
  1,250    

Southwestern Energy Company

    5.300%        1/23/20        BB        1,243,750  
  1,710    

Teekay Corporation

    8.500%        1/15/20        B+        1,630,912  

 

29


JHY    Nuveen High Income 2020 Target Term Fund (continued)
   Portfolio of Investments    December 31, 2018

 

Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Oil, Gas & Consumable Fuels (continued)                           
$ 750    

Whiting Petroleum Corporation

    5.750%        3/15/21        BB      $ 712,500  
  1,125    

YPF Sociedad Anonima, 144A

    8.500%        3/23/21        B2        1,110,937  
  13,652    

Total Oil, Gas & Consumable Fuels

                               13,276,778  
      Pharmaceuticals – 1.0%                           
  1,500    

Teva Pharmaceuticals IV BV

    2.250%        3/18/20        BB        1,459,526  
      Professional Services – 1.3%                           
  2,000    

Nielsen Finance LLC / Nielsen Finance Co

    4.500%        10/01/20        BB        1,975,000  
      Software – 1.0%                           
  1,540    

Infor US Inc., 144A

    5.750%        8/15/20        B1        1,544,620  
      Specialty Retail – 9.2%                           
  3,200    

GameStop Corporation, 144A

    6.750%        3/15/21        Ba1        3,192,000  
  1,500    

Gap, Inc.

    5.950%        4/12/21        Baa2        1,531,595  
  3,975    

The Hertz Corporation

    5.875%        10/15/20        B–        3,855,750  
  3,878    

Limited Brands Inc.

    6.625%        4/01/21        Ba1        3,974,950  
  240    

Penske Automotive Group Inc.

    3.750%        8/15/20        Ba3        234,000  
  1,000    

Rent-A-Center, Inc.

    4.750%        5/01/21        B3        955,000  
  13,793    

Total Specialty Retail

                               13,743,295  
      Technology Hardware, Storage & Peripherals – 3.8%                           
  2,500    

EMC Corporation

    2.650%        6/01/20        Ba2        2,400,698  
  3,430    

NCR Corporation

    4.625%        2/15/21        BB        3,344,250  
  5,930    

Total Technology Hardware, Storage & Peripherals

                               5,744,948  
      Thrifts & Mortgage Finance – 0.2%                           
  100    

Radian Group Inc.

    5.250%        6/15/20        BB+        100,750  
  243    

Radian Group Inc.

    7.000%        3/15/21        BB+        252,720  
  343    

Total Thrifts & Mortgage Finance

                               353,470  
      Tobacco – 1.7%                           
  2,500    

Pyxus International Inc.

    8.500%        4/15/21        B2        2,468,750  
      Trading Companies & Distributors – 1.2%                           
  1,782    

Aircastle Limited

    5.125%        3/15/21        BBB–        1,810,962  
      Transportation Infrastructure – 0.8%                           
  1,200    

Navigator Holdings Limited, Reg S

    7.750%        2/10/21        N/R        1,176,653  
      Wireless Telecommunication Services – 5.7%                           
  3,735    

CenturyLink Inc.

    5.625%        4/01/20        BB        3,716,325  
  2,500    

Digicel Limited, 144A

    6.000%        4/15/21        B3        2,243,750  
  2,500    

Sprint Communications Inc.

    7.000%        8/15/20        B+        2,559,500  
  8,735    

Total Wireless Telecommunication Services

                               8,519,575  
$ 198,724    

Total Corporate Bonds (cost $201,342,665)

                               196,025,855  
Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
 

CONVERTIBLE BONDS – 4.0% (2.9% of Total Investments)

          
      Capital Markets – 1.2%                           
$ 1,780    

Prospect Capital Corporation

    4.750%        4/15/20        BBB–      $ 1,760,662  
      Construction Materials – 0.3%                           
  500    

Cemex SAB de CV

    3.720%        3/15/20        N/R        486,987  
      Electrical Equipment – 1.4%                           
  2,250    

Tesla Energy Operations Inc.

    1.625%        11/01/19        N/R        2,106,198  

 

30


Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Independent Power & Renewable Electricity Producers – 1.0%                           
$ 1,500    

Clearway Energy Inc., 144A

    3.250%        6/01/20        N/R      $ 1,430,323  
      Mortgage Real Estate Investment Trusts – 0.1%                           
  150    

Colony Financial Inc.

    3.875%        1/15/21        N/R        138,762  
$ 6,180    

Total Convertible Bonds (cost $6,076,614)

                               5,922,932  
Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
 

SOVEREIGN DEBT – 2.3% (1.7% of Total Investments)

          
      Argentina – 0.5%                           
$ 800    

Republic of Argentina

    6.875%        4/22/21        B      $ 722,808  
      Egypt – 1.0%                           
  1,500    

Arab Republic of Egypt, 144A

    5.750%        4/29/20        B        1,511,814  
      Honduras – 0.3%                           
  500    

Honduras Government

    8.750%        12/16/20        BB–        531,125  
      Turkey – 0.5%                           
  750    

Republic of Turkey

    5.625%        3/30/21        BB        749,945  
$ 3,550    

Total Sovereign Debt (cost $3,684,364)

                               3,515,692  
 

Total Long-Term Investments (cost $211,103,643)

                               205,464,479  
Principal
Amount (000)
    Description (1)   Coupon      Maturity              Value  
 

SHORT-TERM INVESTMENTS – 1.7% (1.2% of Total Investments)

          
      REPURCHASE AGREEMENTS – 1.7% (1.2% of Total Investments)                           
$ 2,552    

Repurchase Agreement with Fixed Income Clearing Corporation, dated 12/31/18, repurchase price $2,551,860, collateralized by $2,445,000 U.S. Treasury Bonds, 3.375%, due 5/15/44, value $2,604,028

    1.200%        1/02/19               $ 2,551,690  
 

Total Short-Term Investments (cost $2,551,690)

                               2,551,690  
 

Total Investments (cost $213,655,333) – 139.1%

                               208,016,169  
 

Borrowings – (41.1)% (3), (4)

                               (61,500,000
 

Other Assets Less Liabilities – 2.0%

                               2,993,107  
 

Net Assets Applicable to Common Shares – 100%

                             $ 149,509,276  

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)

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. Ratings are not covered by the report of independent registered public accounting firm.

 

(3)

Borrowings as a percentage of Total Investments is 29.6%.

 

(4)

The Fund may pledge up to 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.

 

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.

 

Reg S

Regulation S allows U.S. companies to sell securities to persons or entities located outside of the United States without registering those securities with the Securities and Exchange Commission. Specifically, Regulation S provides a safe harbor from the registration requirements of the Securities Act for the offers and sales of securities by both foreign and domestic issuers that are made outside the United States.

 

See accompanying notes to financial statements.

 

31


JHD   

Nuveen High Income December 2019
Target Term Fund

 

Portfolio of Investments    December 31, 2018

 

Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
 

LONG-TERM INVESTMENTS – 98.6% (99.8% of Total Investments)

          
 

CORPORATE BONDS – 88.4% (89.5% of Total Investments)

          
      Aerospace & Defense – 1.7%                           
$ 4,600    

Bombardier Inc., 144A

    7.750%        3/15/20        B      $ 4,669,000  
      Airlines – 5.0%                           
  3,600    

Air Canada 2015-1C Pass-Through Trust, 144A

    5.000%        3/15/20        BB+        3,618,000  
  3,500    

American Airlines Group Inc., 144A

    5.500%        10/01/19        BB–        3,508,750  
  2,000    

American Airlines Group Inc., 144A

    4.625%        3/01/20        BB–        1,990,000  
  4,235    

Virgin Australia Holdings Limited, 144A

    8.500%        11/15/19        B–        4,268,880  
  13,335    

Total Airlines

                               13,385,630  
      Auto Components – 0.4%                           
  1,102    

American & Axle Manufacturing Inc.

    7.750%        11/15/19        B        1,121,285  
      Automobiles – 3.2%                           
  5,150    

Fiat Chrysler Automobiles NV

    4.500%        4/15/20        BBB–        5,156,180  
  972    

Jaguar Land Rover Automotive PLC, 144A

    4.250%        11/15/19        BB        951,345  
  2,500    

Jaguar Land Rover Automotive PLC, 144A

    3.500%        3/15/20        BB        2,387,500  
  8,622    

Total Automobiles

                               8,495,025  
      Chemicals – 2.9%                           
  4,327    

CF Industries Inc.

    7.125%        5/01/20        BB+        4,456,810  
  2,910    

INVISTA Finance LLC, 144A

    4.250%        10/15/19        BBB–        2,888,448  
  345    

Methanex Corporation

    3.250%        12/15/19        Baa3        342,415  
  7,582    

Total Chemicals

                               7,687,673  
      Commercial Services & Supplies – 1.2%                           
  3,250    

ADT Security Corporation

    5.250%        3/15/20        BB–        3,258,125  
      Communications Equipment – 0.6%                           
  1,581    

Nokia OYJ

    5.375%        5/15/19        BBB–        1,582,976  
      Consumer Finance – 4.0%                           
  1,000    

Ally Financial Inc.

    3.750%        11/18/19        BB+        996,250  
  3,000    

Ally Financial Inc.

    4.125%        3/30/20        BB+        2,968,380  
  500    

Capital One NA

    2.350%        1/31/20        A–        493,605  
  3,680    

Navient Corporation

    8.000%        3/25/20        BB        3,739,248  
  2,425    

Springleaf Finance Corporation

    5.250%        12/15/19        B+        2,430,772  
  10,605    

Total Consumer Finance

                               10,628,255  
      Containers & Packaging – 1.4%                           
  3,567    

Greif Inc.

    7.750%        8/01/19        BB–        3,629,423  
      Diversified Consumer Services – 0.3%                           
  1,000    

JC Penney Corp Inc.

    8.125%        10/01/19        B        925,000  
      Diversified Financial Services – 1.6%                           
  4,250    

Jefferies Finance LLC Corporation, 144A

    7.375%        4/01/20        BB–        4,239,375  
      Diversified Telecommunication Services – 1.5%                           
  4,030    

Telecom Italia Capital

    7.175%        6/18/19        BBB–        4,057,968  
      Electric Utilities – 2.4%                           
  1,500    

Centrais Eletricas Brasileiras SA, 144A

    6.875%        7/30/19        BB–        1,520,265  
  5,000    

Talen Energy Supply LLC, 144A

    4.625%        7/15/19        B–        4,931,829  
  6,500    

Total Electric Utilities

                               6,452,094  

 

32


Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Electronic Equipment, Instruments & Components – 1.4%                           
$ 3,875    

Sanmina-SCI Corporation, 144A

    4.375%        6/01/19        BBB–      $ 3,865,313  
      Energy Equipment & Services – 0.9%                           
  2,500    

Resolute Energy Corporation

    8.500%        5/01/20        B+        2,462,500  
      Equity Real Estate Investment Trusts – 3.8%                           
  4,340    

CoreCivic, Inc.

    4.125%        4/01/20        Ba1        4,242,350  
  2,948    

iStar Inc.

    5.000%        7/01/19        BB        2,938,788  
  3,000    

Select Income REIT

    3.600%        2/01/20        BBB–        2,984,804  
  10,288    

Total Equity Real Estate Investment Trusts

                               10,165,942  
      Food Products – 1.5%                           
  4,000    

Marfrig Holding Europe BV, 144A

    6.875%        6/24/19        BB–        4,026,000  
      Gas Utilities – 1.6%                           
  4,245    

NGL Energy Partners LP

    5.125%        7/15/19        B+        4,213,163  
      Health Care Providers & Services – 4.5%                           
  5,500    

HCA Inc.

    6.500%        2/15/20        BBB–        5,637,500  
  3,000    

Tenet Healthcare Corporation

    6.750%        2/01/20        B        2,996,250  
  3,300    

Tenet Healthcare Corporation

    4.750%        6/01/20        BB–        3,292,080  
  11,800    

Total Health Care Providers & Services

                               11,925,830  
      Hotels, Restaurants & Leisure – 4.1%                           
  5,293    

MGM Resorts International Inc.

    5.250%        3/31/20        BB        5,306,232  
  4,000    

Studio City Co Ltd, 144A

    5.875%        11/30/19        BB–        4,030,000  
  1,640    

Yum! Brands Inc.

    5.300%        9/15/19        B+        1,646,150  
  10,933    

Total Hotels, Restaurants & Leisure

                               10,982,382  
      Household Durables – 6.5%                           
  1,600    

KB Home

    4.750%        5/15/19        BB–        1,596,000  
  2,144    

KB Home

    8.000%        3/15/20        BB–        2,213,680  
  187    

Lennar Corp

    6.625%        5/01/20        BBB–        192,376  
  132    

Lennar Corporation

    4.500%        6/15/19        BBB–        131,670  
  3,750    

Lennar Corporation

    4.500%        11/15/19        BBB–        3,721,875  
  2,925    

Meritage Homes Corporation

    7.150%        4/15/20        BB        2,983,500  
  4,305    

Toll Brothers Finance Corporation

    6.750%        11/01/19        BBB–        4,348,050  
  2,168    

Tri Pointe Holdings Inc.

    4.375%        6/15/19        BB–        2,151,740  
  17,211    

Total Household Durables

                               17,338,891  
      Independent Power & Renewable Electricity Producers – 2.0%                           
  5,364    

Atlantica Yield PLC, 144A

    7.000%        11/15/19        BB+        5,431,050  
      Insurance – 1.0%                           
  2,765    

CNO Financial Group Inc.

    4.500%        5/30/20        Baa3        2,730,437  
      Media – 5.9%                           
  2,550    

Cablevision Systems Corporation

    8.000%        4/15/20        B–        2,581,875  
  3,350    

Clear Channel Worldwide

    7.625%        3/15/20        CCC+        3,266,250  
  2,275    

CSC Holdings Inc.

    8.625%        2/15/19        B+        2,280,688  
  540    

Dish DBS Corporation

    7.875%        9/01/19        BB        550,962  
  3,800    

Dish DBS Corporation

    5.125%        5/01/20        BB        3,752,500  
  3,426    

Hughes Satellite Systems Corporation

    6.500%        6/15/19        BBB–        3,455,978  
  15,941    

Total Media

                               15,888,253  
      Metals & Mining – 1.6%                           
  4,325    

Freeport McMoRan, Inc.

    3.100%        3/15/20        BB+        4,227,687  
      Multi-Utilities – 1.0%                           
  2,550    

DPL Inc.

    6.750%        10/01/19        BBB–        2,575,500  

 

33


JHD    Nuveen High Income December 2019 Target Term Fund (continued)
   Portfolio of Investments    December 31, 2018

 

Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Oil, Gas & Consumable Fuels – 7.9%                           
$ 2,000    

Andeavor Logistics LP

    5.500%        10/15/19        BBB–      $ 2,016,864  
  1,045    

Canadian Oil Sands Trust, 144A

    7.750%        5/15/19        A–        1,060,158  
  1,500    

Chesapeake Energy Corporation, (3-Month LIBOR reference rate + 3.250% spread), (3)

    5.686%        4/15/19        B–        1,492,500  
  1,000    

Citgo Holding Inc., 144A

    10.750%        2/15/20        B        1,020,000  
  4,500    

DCP Midstream Operating LP, 144A

    5.350%        3/15/20        BB+        4,516,875  
  1,946    

EnLink Midstream Partners LP

    2.700%        4/01/19        BBB–        1,933,832  
  3,500    

Southwestern Energy Company

    5.800%        1/23/20        BB        3,482,500  
  4,000    

Targa Resources Inc.

    4.125%        11/15/19        BB        3,965,000  
  1,750    

Teekay Corporation

    8.500%        1/15/20        B+        1,669,062  
  21,241    

Total Oil, Gas & Consumable Fuels

                               21,156,791  
      Pharmaceuticals – 2.9%                           
  375    

Allergan Funding SCS

    3.000%        3/12/20        BBB        373,506  
  3,500    

Mallinckrodt International Finance SA, 144A

    4.875%        4/15/20        B+        3,377,500  
  4,250    

Teva Pharmaceuticals IV BV

    2.250%        3/18/20        BB        4,135,325  
  8,125    

Total Pharmaceuticals

                               7,886,331  
      Real Estate Management & Development – 1.1%                           
  3,000    

Realogy Group LLC, 144A

    4.500%        4/15/19        B1        2,988,750  
      Semiconductors & Semiconductor Equipment – 0.8%                           
  2,115    

Broadcom Corporation

    2.375%        1/15/20        BBB        2,088,356  
      Software – 0.4%                           
  1,016    

CDK Global Inc.

    3.800%        10/15/19        BB+        1,010,920  
      Specialty Retail – 2.9%                           
  3,850    

GameStop Corporation, 144A

    5.500%        10/01/19        Ba1        3,830,750  
  3,700    

Limited Brands Inc.

    7.000%        5/01/20        Ba1        3,811,000  
  7,550    

Total Specialty Retail

                               7,641,750  
      Technology Hardware, Storage & Peripherals – 3.4%                           
  1,500    

Dell International LLC, 144A

    3.480%        6/01/19        BBB–        1,495,572  
  8,000    

EMC Corporation

    2.650%        6/01/20        Ba2        7,682,233  
  9,500    

Total Technology Hardware, Storage & Peripherals

                               9,177,805  
      Thrifts & Mortgage Finance – 1.2%                           
  3,247    

Radian Group Inc.

    5.500%        6/01/19        BB+        3,242,941  
      Trading Companies & Distributors – 1.2%                           
  3,137    

Aircastle Ltd

    6.250%        12/01/19        BBB–        3,211,763  
      Wireless Telecommunication Services – 4.6%                           
  6,100    

CenturyLink Inc.

    5.625%        4/01/20        BB        6,069,500  
  2,500    

Sprint Capital Corporation

    6.900%        5/01/19        B+        2,512,500  
  3,705    

Sprint Communications Inc., 144A

    7.000%        3/01/20        BB        3,797,625  
  12,305    

Total Wireless Telecommunication Services

                               12,379,625  
$ 237,057    

Total Corporate Bonds (cost $239,087,905)

                               236,749,809  
Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
 

SOVEREIGN DEBT – 6.2% (6.2% of Total Investments)

          
      Argentina – 0.4%                           
$ 1,000    

Republic of Argentina

    6.250%        4/22/19        B      $ 1,008,510  
      Brazil – 1.6%                           
  3,981    

Brazilian Government

    8.875%        10/14/19        Ba2        4,150,192  

 

34


Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Egypt – 0.9%                           
$ 2,500    

Arab Republic of Egypt, 144A

    5.750%        4/29/20        B      $ 2,519,690  
      South Africa – 1.4%                           
  1,000    

Republic of South Africa

    6.875%        5/27/19        Baa3        1,012,330  
  2,700    

Republic of South Africa

    5.500%        3/09/20        Baa3        2,736,137  
  3,700    

Total South Africa

                               3,748,467  
      Sri Lanka – 0.6%                           
  1,500    

Republic of Sri Lanka, 144A

    5.125%        4/11/19        B        1,485,000  
      Turkey – 1.3%                           
  3,500    

Republic of Turkey

    7.500%        11/07/19        BB        3,565,625  
$ 16,181    

Total Sovereign Debt (cost $16,494,469)

                               16,477,484  
Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
 

CONVERTIBLE BONDS – 4.0% (4.1% of Total Investments)

          
      Capital Markets – 1.3%                           
$ 3,500    

Prospect Capital Corporation

    4.750%        4/15/20        BBB–      $ 3,461,976  
      Construction Materials – 0.4%                           
  1,000    

Cemex SAB de CV

    3.720%        3/15/20        N/R        973,973  
      Electrical Equipment – 1.1%                           
  3,240    

Tesla Energy Operations Inc.

    1.625%        11/01/19        N/R        3,032,925  
      Machinery – 0.6%                           
  1,500    

Navistar International Corporation

    4.750%        4/15/19        CCC        1,496,237  
      Metals & Mining – 0.6%                           
  1,750    

AK Steel Corporation

    5.000%        11/15/19        B–        1,736,584  
$ 10,990    

Total Convertible Bonds (cost $10,860,427)

                               10,701,695  
 

Total Long-Term Investments (cost $266,442,801)

                               263,928,988  
Principal
Amount (000)
    Description (1)   Coupon      Maturity              Value  
 

SHORT-TERM INVESTMENTS – 0.2% (0.2% of Total Investments)

          
 

REPURCHASE AGREEMENTS – 0.2% (0.2% of Total Investments)

          
$ 595    

Repurchase Agreement with Fixed Income Clearing Corporation, dated 12/31/18, repurchase price $595,127, collateralized by $570,000 U.S. Treasury Bonds, 3.375%, due 5/15/44, value $607,074

    1.200%        1/02/19               $ 595,087  
 

Total Short-Term Investments (cost $595,087)

                               595,087  
 

Total Investments (cost $267,037,888) – 98.8%

                               264,524,075  
 

Other Assets Less Liabilities – 1.2%

                               3,138,458  
 

Net Assets Applicable to Common Shares – 100%

                             $ 267,662,533  

 

35


JHD    Nuveen High Income December 2019 Target Term Fund (continued)
   Portfolio of Investments    December 31, 2018

 

 

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)

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. Ratings are not covered by the report of independent registered public accounting firm.

 

(3)

Variable rate security. The rate shown is the coupon as of the end of the reporting period.

 

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.

 

LIBOR

London Inter-Bank Offered Rate

 

REIT

Real Estate Investment Trust

 

See accompanying notes to financial statements.

 

36


JHB   

Nuveen High Income November 2021
Target Term Fund

 

Portfolio of Investments    December 31, 2018

 

Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
 

LONG-TERM INVESTMENTS – 133.4% (100.0% of Total Investments)

 

 

CORPORATE BONDS – 131.3% (98.4% of Total Investments)

          
      Aerospace & Defense – 2.5%                           
$ 3,000    

Bombardier Inc., 144A

    8.750%        12/01/21        B      $ 3,090,000  
  5,750    

Bombardier Inc., 144A, (6)

    5.750%        3/15/22        B        5,361,875  
  500    

TransDigm Inc.

    5.500%        10/15/20        B–        496,250  
  4,843    

Triumph Group Inc.

    4.875%        4/01/21        CCC+        4,346,592  
  14,093    

Total Aerospace & Defense

                               13,294,717  
      Airlines – 3.1%                           
  5,675    

Air Canada, 144A, (6)

    7.750%        4/15/21        BB        5,999,894  
  1,263    

American Airlines 2013-2 Class B Pass Through-Trust, 144A

    5.600%        7/15/20        BBB–        1,272,581  
  1,675    

American Airlines Group Inc., 144A

    4.625%        3/01/20        BB–        1,666,625  
  39    

Continental Airlines 2007-1 Class B Pass-Through Trust

    6.903%        4/19/22        BBB–        40,005  
  177    

Continental Airlines 2009-2 Class A Pass-Through Trust

    7.250%        11/10/19        A        181,314  
  500    

United Continental Holdings Inc.

    6.000%        12/01/20        BB        512,500  
  6,700    

Virgin Australia Holdings Limited, 144A

    7.875%        10/15/21        B–        6,532,500  
  16,029    

Total Airlines

                               16,205,419  
      Auto Components – 2.5%                           
  2,000    

Icahn Enterprises LP

    6.250%        2/01/22        BB+        1,975,000  
  7,000    

Icahn Enterprises LP

    5.875%        2/01/22        BB+        6,860,000  
  4,441    

IHO Verwaltungs GmbH, 144A

    4.125%        9/15/21        BB+        4,218,950  
  13,441    

Total Auto Components

                               13,053,950  
      Automobiles – 1.1%                           
  6,006    

Aston Martin Capital Holdings Ltd, 144A, (6)

    6.500%        4/15/22        B        5,675,670  
      Banks – 1.2%                           
  4,410    

CIT Group Inc.

    4.125%        3/09/21        BB+        4,343,850  
  1,844    

UniCredit SpA, 144A

    3.750%        4/12/22        Baa1        1,775,261  
  6,254    

Total Banks

                               6,119,111  
      Building Products – 0.5%                           
  2,750    

Omnimax International Inc., 144A

    12.000%        8/15/20        B–        2,818,750  
      Chemicals – 3.6%                           
  2,705    

CF Industries Inc., 144A

    3.400%        12/01/21        BBB–        2,652,181  
  3,000    

Hexion Inc.

    6.625%        4/15/20        CCC+        2,392,500  
  1,250    

Hexion Inc., 144A, (6)

    10.375%        2/01/22        CCC+        996,875  
  750    

Huntsman International LLC

    4.875%        11/15/20        BB+        751,875  
  2,475    

Methanex Corporation

    5.250%        3/01/22        Baa3        2,495,747  
  6,230    

Platform Specialty Products Corporation, 144A, (6)

    6.500%        2/01/22        B+        6,230,000  
  3,545    

WR Grace & Co-Conn, 144A

    5.125%        10/01/21        BB–        3,509,550  
  19,955    

Total Chemicals

                               19,028,728  
      Commercial Services & Supplies – 5.3%                           
  7,025    

ADT Corporation, (6)

    6.250%        10/15/21        BB–        7,121,594  
  4,267    

APX Group, Inc.

    8.750%        12/01/20        CCC        4,064,317  
  810    

Clean Harbors Inc.

    5.125%        6/01/21        BB+        807,975  
  6,250    

GFL Environmental Corporation, 144A

    5.625%        5/01/22        CCC+        5,765,625  
  3,275    

Iron Mountain Inc., 144A

    4.375%        6/01/21        BB–        3,234,063  
  1,500    

Pitney Bowes Inc., (6)

    3.625%        9/15/20        BBB–        1,466,250  
  5,450    

R.R. Donnelley & Sons Company, (6)

    7.875%        3/15/21        B–        5,450,000  
  500    

R.R. Donnelley & Sons Company

    7.000%        2/15/22        B–        496,250  
  29,077    

Total Commercial Services & Supplies

                               28,406,074  

 

37


JHB    Nuveen High Income November 2021 Target Term Fund (continued)
   Portfolio of Investments    December 31, 2018

 

Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Construction & Engineering – 0.4%                           
$ 2,100    

AECOM Global II LLC / URS FOX US LP, (6)

    5.000%        4/01/22        B+      $ 2,079,000  
      Consumer Finance – 5.1%                           
  4,585    

Ally Financial Inc.

    4.125%        2/13/22        BB+        4,453,181  
  7,752    

Credit Acceptance Corporation, (6)

    6.125%        2/15/21        BB        7,732,620  
  5,725    

Lincoln Finance Ltd, 144A

    7.375%        4/15/21        BB+        5,796,562  
  2,100    

Navient Corporation

    6.625%        7/26/21        BB        2,026,500  
  6,225    

Navient Corporation

    7.250%        1/25/22        BB        6,007,125  
  995    

SLM Corporation

    5.125%        4/05/22        BB+        965,150  
  27,382    

Total Consumer Finance

                               26,981,138  
      Containers & Packaging – 1.5%                           
  120    

Graphic Packaging International LLC

    4.750%        4/15/21        BB+        119,700  
  6,995    

Owens-Brockway Glass Containers, 144A

    5.000%        1/15/22        BB–        6,925,050  
  920    

Reynolds Group Issuer Inc., 144A, (3-Month LIBOR reference rate + 3.500% spread), (3)

    5.936%        7/15/21        B+        916,550  
  8,035    

Total Containers & Packaging

                               7,961,300  
      Diversified Financial Services – 4.4%                           
  6,000    

Avation Capital SA, 144A

    6.500%        5/15/21        BB–        5,970,000  
  6,475    

Fly Leasing Limited

    6.375%        10/15/21        BB–        6,458,813  
  4,500    

Jefferies Finance LLC Corporation

    6.875%        4/15/22        BB–        4,376,250  
  2,798    

Park Aerospace Holdings Limited., 144A

    3.625%        3/15/21        BB        2,693,075  
  4,280    

PHH Corporation

    6.375%        8/15/21        N/R        4,028,550  
  24,053    

Total Diversified Financial Services

                               23,526,688  
      Diversified Telecommunication Services – 2.5%                           
  9,195    

CenturyLink Inc.

    5.800%        3/15/22        BB        8,850,187  
  4,250    

Cogent Communications Group Inc., 144A

    5.375%        3/01/22        Ba3        4,218,125  
  175    

Level 3 Financing Inc.

    6.125%        1/15/21        BB        175,000  
  13,620    

Total Diversified Telecommunication Services

                               13,243,312  
      Electric Utilities – 1.1%                           
  4,098    

Calpine Corporation, 144A

    6.000%        1/15/22        BB+        4,067,265  
  2,000    

Instituto Costarricense de Electricidad, 144A

    6.950%        11/10/21        BB        1,905,000  
  93    

Talen Energy Supply LLC

    4.600%        12/15/21        B–        83,700  
  6,191    

Total Electric Utilities

                               6,055,965  
      Energy Equipment & Services – 3.3%                           
  144    

Chesapeake Energy Corporation

    5.375%        6/15/21        B–        131,760  
  3,000    

Chesapeake Energy Corporation, (6)

    4.875%        4/15/22        B–        2,617,500  
  6,559    

FTS International Inc., (6)

    6.250%        5/01/22        B        5,804,715  
  700    

Nabors Industries Inc.

    4.625%        9/15/21        BB        627,656  
  2,500    

Resolute Energy Corporation

    8.500%        5/01/20        B+        2,462,500  
  4,116    

SESI, LLC

    7.125%        12/15/21        BB–        3,498,600  
  2,874    

Unit Corporation

    6.625%        5/15/21        BB–        2,615,340  
  19,893    

Total Energy Equipment & Services

                               17,758,071  
      Entertainment – 1.3%                           
  6,655    

Netflix Inc.

    5.500%        2/15/22        BB–        6,702,983  
      Equity Real Estate Investment Trusts – 3.9%                           
  3,248    

CoreCivic, Inc.

    4.125%        4/01/20        Ba1        3,174,920  
  3,706    

Equinix Inc.

    5.375%        1/01/22        BB+        3,733,795  
  5,721    

Geo Group Inc.

    5.875%        1/15/22        B+        5,571,110  
  8,290    

iStar Inc., (6)

    6.500%        7/01/21        BB        8,207,100  
  250    

iStar Inc.

    4.625%        9/15/20        BB        243,750  
  21,215    

Total Equity Real Estate Investment Trusts

                               20,930,675  
      Food & Staples Retailing – 0.9%                           
  3,700    

JBS USA LUX SA / JBS USA Finance Inc., 144A

    7.250%        6/01/21        BB–        3,718,500  
  85    

Smithfield Foods Inc., 144A

    2.650%        10/03/21        BBB        81,231  
  1,010    

Smithfield Foods Inc., 144A

    3.350%        2/01/22        BBB        965,845  
  4,795    

Total Food & Staples Retailing

                               4,765,576  

 

38


Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Food Products – 0.4%                           
$ 2,150    

B&G Foods Inc.

    4.625%        6/01/21        BB–      $ 2,096,250  
      Gas Utilities – 0.3%                           
  2,005    

Ferrellgas LP

    6.750%        1/15/22        Caa2        1,634,075  
      Health Care Providers & Services – 6.3%                           
  1,900    

Acadia Healthcare

    6.125%        3/15/21        B–        1,885,750  
  2,114    

Community Health Systems, Inc.

    5.625%        2/15/21        BB+        2,119,285  
  7,000    

Community Health Systems Inc., (6)

    5.125%        8/01/21        B        6,492,500  
  310    

Fresenius Medical Care US Finance II Inc., 144A, (6)

    5.875%        1/31/22        BBB–        323,186  
  8,000    

HCA Inc.

    7.500%        2/15/22        Ba2        8,499,998  
  4,325    

Owens & Minor Inc.

    3.875%        9/15/21        BB        3,200,500  
  4,395    

Select Medical Corporation

    6.375%        6/01/21        B–        4,384,013  
  5,030    

Tenet Healthcare Corporation

    4.375%        10/01/21        BB–        4,866,525  
  1,550    

Tenet Healthcare Corporation, 144A

    7.500%        1/01/22        Ba3        1,573,250  
  34,624    

Total Health Care Providers & Services

                               33,345,007  
      Hotels, Restaurants & Leisure – 5.3%                           
  1,000    

1011778 BC ULC / New Red Finance Inc., 144A

    4.625%        1/15/22        Ba3        967,500  
  7,375    

International Game Technology PLC, 144A, (6)

    6.250%        2/15/22        BB+        7,393,437  
  6,825    

MGM Resorts International

    6.625%        12/15/21        BB        6,995,625  
  5,922    

Norwegian Cruise Lines, 144A

    4.750%        12/15/21        BB+        5,877,585  
  2,000    

Scientific Games International Inc.

    6.625%        5/15/21        CCC+        1,895,000  
  4,750    

Studio City Co Ltd, 144A

    7.250%        11/30/21        BB–        4,838,493  
  150    

Yum! Brands Inc.

    3.750%        11/01/21        B+        146,250  
  28,022    

Total Hotels, Restaurants & Leisure

                               28,113,890  
      Household Durables – 8.2%                           
  7,725    

Beazer Homes USA, Inc.

    8.750%        3/15/22        B3        7,725,000  
  1,510    

Brookfield Residential Properties Inc., 144A

    6.500%        12/15/20        B+        1,508,113  
  3,960    

KB Home

    7.000%        12/15/21        BB–        4,029,300  
  2,500    

Lennar Corp

    4.750%        4/01/21        BBB–        2,478,125  
  1,250    

Lennar Corporation

    6.250%        12/15/21        BBB–        1,271,875  
  450    

Lennar Corporation

    4.125%        1/15/22        BBB–        432,000  
  4,000    

M-I Homes Inc.

    6.750%        1/15/21        BB–        3,980,000  
  5,205    

Meritage Homes Corporation

    7.000%        4/01/22        BB        5,335,125  
  4,375    

New Home Company Inc.

    7.250%        4/01/22        B–        3,970,312  
  4,525    

PulteGroup Inc.

    4.250%        3/01/21        BB+        4,491,063  
  5,825    

Taylor Morrison Communities Inc. , 144A

    5.250%        4/15/21        BB        5,766,750  
  500    

Toll Brothers Finance Corporation

    5.875%        2/15/22        BBB–        502,500  
  2,250    

TRI Pointe Group Inc.

    4.875%        7/01/21        BB–        2,148,750  
  44,075    

Total Household Durables

                               43,638,913  
      Household Products – 1.2%                           
  6,325    

Spectrum Brands Holdings Inc.

    7.750%        1/15/22        B–        6,404,062  
      Independent Power & Renewable Electricity Producers – 0.9%                           
  1,000    

AES Corp/VA

    4.000%        3/15/21        BB+        982,500  
  3,550    

Atlantica Yield plc, 144A

    7.000%        11/15/19        BB+        3,594,375  
  4,550    

Total Independent Power & Renewable Electricity Producers

                               4,576,875  
      Insurance – 0.7%                           
  78    

CNO Financial Group Inc.

    4.500%        5/30/20        Baa3        77,025  
  3,897    

Genworth Financial Inc.

    7.625%        9/24/21        B        3,848,288  
  3,975    

Total Insurance

                               3,925,313  
      IT Services – 0.8%                           
  4,500    

Alliance Data Systems Corporation, 144A

    5.875%        11/01/21        N/R        4,493,700  
      Leisure Products – 0.6%                           
  3,570    

Mattel Inc.

    2.350%        8/15/21        B+        3,159,450  

 

39


JHB    Nuveen High Income November 2021 Target Term Fund (continued)
   Portfolio of Investments    December 31, 2018

 

Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Machinery – 0.5%                           
$ 1,000    

CNH Industrial Capital LLC

    4.875%        4/01/21        BBB      $ 1,016,100  
  1,850    

CNH Industrial Capital LLC

    3.875%        10/15/21        BBB        1,837,605  
  2,850    

Total Machinery

                               2,853,705  
      Media – 14.0%                           
  5,104    

AMC Entertainment Inc., (6)

    5.875%        2/15/22        B–        4,950,880  
  6,647    

Anixter Inc.

    5.125%        10/01/21        BBB–        6,630,382  
  2,500    

Cablevision Systems Corporation

    8.000%        4/15/20        B–        2,531,250  
  7,580    

Clear Channel International BV, 144A, (6)

    8.750%        12/15/20        B+        7,636,850  
  8,900    

CSC Holdings Inc., 144A

    5.125%        12/15/21        B+        8,722,000  
  5,770    

CSC Holdings Inc.

    6.750%        11/15/21        B+        5,914,250  
  6,985    

Dish DBS Corporation

    6.750%        6/01/21        BB        6,913,054  
  4,250    

Lee Enterprises Inc., 144A

    9.500%        3/15/22        B2        4,335,000  
  4,280    

National CineMedia LLC

    6.000%        4/15/22        Ba3        4,285,350  
  5,121    

Nexstar Broadcasting Inc., 144A

    6.125%        2/15/22        B+        5,095,395  
  7,000    

Nielsen Finance LLC , 144A

    5.000%        4/15/22        BB        6,685,000  
  3,534    

Sinclair Television Group

    5.375%        4/01/21        B+        3,525,165  
  6,425    

Urban One Inc., 144A

    7.375%        4/15/22        B2        6,071,625  
  500    

Virgin Media Secured Finance PLC

    5.250%        1/15/21        BB+        497,050  
  514    

WMG Acquisition Corporation, 144A

    5.625%        4/15/22        Ba3        512,715  
  75,110    

Total Media

                               74,305,966  
      Metals & Mining – 9.6%                           
  6,500    

AK Steel Corporation, (6)

    7.625%        10/01/21        B–        5,866,250  
  8,040    

Allegheny Technologies Inc.

    5.950%        1/15/21        B        7,879,200  
  2,000    

Anglo American Capital PLC, 144A

    4.125%        4/15/21        BBB–        1,998,817  
  676    

Arconic Inc.

    5.400%        4/15/21        BBB–        682,583  
  3,825    

Arconic Inc.

    5.870%        2/23/22        BBB–        3,880,378  
  2,000    

Century Aluminum Company, 144A

    7.500%        6/01/21        B+        1,970,000  
  5,705    

Eldorado Gold Corporation, 144A, (6)

    6.125%        12/15/20        B        5,191,550  
  6,350    

First Quantum Minerals Ltd, 144A, (6)

    7.000%        2/15/21        B        6,096,000  
  5,534    

Freeport McMoRan, Inc., (6)

    3.550%        3/01/22        BB+        5,236,548  
  1,500    

Glencore Finance Canada, 144A

    4.950%        11/15/21        BBB+        1,532,045  
  3,200    

Gold Fields Orogen Holdings BVI Limited, 144A, (6)

    4.875%        10/07/20        Baa3        3,164,160  
  1,500    

Steel Dynamics Inc.

    5.125%        10/01/21        BB+        1,498,125  
  5,324    

Teck Resources Limited

    4.750%        1/15/22        BB+        5,297,380  
  413    

Vale Overseas Limited

    4.375%        1/11/22        BBB+        420,228  
  52,567    

Total Metals & Mining

                               50,713,264  
      Mortgage Real Estate Investment Trusts – 1.2%                           
  6,500    

Starwood Property Trust

    5.000%        12/15/21        BB–        6,386,250  
      Multiline Retail – 0.0%                           
  37    

J.C. Penney Corporation Inc.

    5.650%        6/01/20        B        27,565  
      Multi-Utilities – 1.5%                           
  7,397    

DPL Inc., (6)

    7.250%        10/15/21        BBB–        7,728,977  
      Oil, Gas & Consumable Fuels – 12.1%                           
  500    

Antero Resources Corp

    5.375%        11/01/21        BBB–        482,500  
  2,737    

Ascent Resources – Utica LLC / AEU Finance Corporation, 144A, (6)

    10.000%        4/01/22        BB–        2,799,404  
  3,155    

Calumet Specialty Products, (6)

    6.500%        4/15/21        B–        2,634,425  
  7,100    

CNX Resources Corporation, (6)

    5.875%        4/15/22        BB–        6,816,000  
  1,020    

DCP Midstream Operating LP, 144A

    4.750%        9/30/21        BB+        1,007,250  
  480    

DCP Midstream Operating LP

    4.950%        4/01/22        BB+        475,200  
  2,000    

Denbury Resources Inc., 144A

    9.000%        5/15/21        B+        1,870,000  
  3,000    

Enviva Partners LP / Enviva Partners Finance Corp.

    8.500%        11/01/21        BB–        3,075,000  
  1,250    

GasLog Limited

    8.875%        3/22/22        N/R        1,262,500  
  2,910    

Martin Mid-Stream Partners LP Finance

    7.250%        2/15/21        B–        2,764,500  
  2,172    

Newfield Exploration Company

    5.750%        1/30/22        BBB–        2,193,720  
  5,000    

NuStar Logistics LP

    4.750%        2/01/22        BB        4,725,000  
  4,475    

Peabody Securities Finance Corporation, 144A

    6.000%        3/31/22        BB        4,340,750  
  3,000    

Petrobras Global Finance BV

    5.375%        1/27/21        Ba2        3,049,500  
  2,000    

Petrobras Global Finance BV

    8.375%        5/23/21        Ba2        2,171,000  

 

40


Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Oil, Gas & Consumable Fuels (continued)                           
$ 750    

Petrobras Global Finance BV

    6.125%        1/17/22        Ba2      $ 769,688  
  3,483    

Range Resources Corporation

    5.750%        6/01/21        BB+        3,369,802  
  2,059    

Sabine Pass Liquefaction LLC

    6.250%        3/15/22        BBB–        2,164,930  
  4,000    

Southwestern Energy Company, (6)

    4.100%        3/15/22        BB        3,640,000  
  3,070    

Teekay Corporation, (6)

    8.500%        1/15/20        B+        2,928,012  
  4,500    

Whiting Petroleum Corporation, (6)

    5.750%        3/15/21        BB        4,275,000  
  500    

Williams Partners LP

    3.600%        3/15/22        BBB        490,891  
  4,000    

WPX Energy Inc.

    6.000%        1/15/22        BB–        3,890,000  
  3,000    

YPF Sociedad Anonima, 144A

    8.500%        3/23/21        B2        2,962,500  
  66,161    

Total Oil, Gas & Consumable Fuels

                               64,157,572  
      Personal Products – 0.4%                           
  2,000    

First Quality Finance Co Inc., 144A

    4.625%        5/15/21        BB–        1,935,000  
      Pharmaceuticals – 2.6%                           
  2,956    

Bausch Health Cos Inc., 144A

    5.625%        12/01/21        B–        2,911,660  
  2,500    

Bausch Health Cos Inc., 144A

    6.500%        3/15/22        Ba2        2,516,450  
  4,000    

Endo Finance LLC, 144A

    5.750%        1/15/22        B3        3,330,000  
  5,199    

Teva Pharmaceuticals IV BV

    3.650%        11/10/21        BB        4,925,640  
  14,655    

Total Pharmaceuticals

                               13,683,750  
      Real Estate Management & Development – 1.6%                           
  5,930    

Realogy Group LLC, 144A, (6)

    5.250%        12/01/21        B1        5,633,500  
  3,250    

Yuzhou Properties Co Limited, Reg S

    6.000%        1/25/22        BB–        3,001,622  
  9,180    

Total Real Estate Management & Development

                               8,635,122  
      Road & Rail – 0.8%                           
  4,500    

The Hertz Corporation, (6)

    7.375%        1/15/21        B–        4,376,250  
      Semiconductors & Semiconductor Equipment – 0.6%                           
  850    

Microchip Technology Inc., 144A

    3.922%        6/01/21        Baa3        843,158  
  2,535    

NXP BV / NXP Funding LLC, 144A

    4.125%        6/01/21        BBB–        2,503,313  
  3,385    

Total Semiconductors & Semiconductor Equipment

                               3,346,471  
      Specialty Retail – 4.3%                           
  7,000    

Foot Locker, Inc.

    8.500%        1/15/22        BB+        7,560,000  
  7,115    

GameStop Corporation, 144A, (6)

    6.750%        3/15/21        Ba1        7,097,212  
  2,000    

Gap, Inc.

    5.950%        4/12/21        Baa2        2,042,126  
  3,755    

Limited Brands Inc.

    6.625%        4/01/21        Ba1        3,848,875  
  448    

Limited Brands Inc.

    5.625%        2/15/22        Ba1        446,320  
  2,000    

Rent-A-Center, Inc.

    4.750%        5/01/21        B3        1,910,000  
  22,318    

Total Specialty Retail

                               22,904,533  
      Technology Hardware, Storage & Peripherals – 3.4%                           
  7,000    

Dell International LLC / EMC Corp, 144A, (6)

    5.875%        6/15/21        BB+        6,992,192  
  2,750    

NCR Corporation

    4.625%        2/15/21        BB        2,681,250  
  2,875    

NCR Corporation

    5.875%        12/15/21        BB        2,803,125  
  6,085    

Seagate HDD Cayma

    4.250%        3/01/22        Baa3        5,815,070  
  18,710    

Total Technology Hardware, Storage & Peripherals

                               18,291,637  
      Thrifts & Mortgage Finance – 2.6%                           
  3,280    

Ladder Capital Finance Holdings LLP, 144A

    5.250%        3/15/22        BB        3,189,800  
  8,027    

Nationstar Mortgage LLC, (6)

    6.500%        7/01/21        B+        7,826,325  
  2,553    

Radian Group Inc.

    7.000%        3/15/21        BB+        2,655,120  
  13,860    

Total Thrifts & Mortgage Finance

                               13,671,245  
      Tobacco – 1.0%                           
  5,320    

Pyxus International Inc., 144A

    8.500%        4/15/21        B2        5,253,500  
      Trading Companies & Distributors – 1.4%                           
  5,000    

Aircastle Ltd

    5.500%        2/15/22        BBB–        5,116,017  

 

41


JHB    Nuveen High Income November 2021 Target Term Fund (continued)
   Portfolio of Investments    December 31, 2018

 

Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
      Trading Companies & Distributors (continued)                           
$ 2,150    

Fortress Transportation & Infrastructure Investors LLC, 144A

    6.750%        3/15/22        B+      $ 2,155,375  
  7,150    

Total Trading Companies & Distributors

                               7,271,392  
      Transportation Infrastructure – 0.6%                           
  3,000    

Navigator Holdings Limited, Reg S

    7.750%        2/10/21        N/R        2,941,632  
      Wireless Telecommunication Services – 4.2%                           
  2,100    

CenturyLink Inc.

    5.625%        4/01/20        BB        2,089,500  
  4,200    

Digicel Limited, 144A, (6)

    6.000%        4/15/21        B3        3,769,500  
  6,675    

Hughes Satellite Systems Corporation

    7.625%        6/15/21        BB–        6,925,313  
  1,475    

Sprint Communications Inc.

    9.250%        4/15/22        Ba2        1,685,188  
  6,375    

Sprint Corporation

    7.250%        9/15/21        B+        6,524,813  
  1,429    

T-Mobile USA Inc.

    4.000%        4/15/22        BB+        1,393,275  
  22,254    

Total Wireless Telecommunication Services

                               22,387,589  
$ 712,294    

Total Corporate Bonds (cost $720,942,709)

                               696,866,082  
Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
 

SOVEREIGN DEBT – 1.4% (1.1% of Total Investments)

          
      Argentina – 0.3%                           
$ 2,000    

Republic of Argentina

    6.875%        4/22/21        B      $ 1,807,020  
      Egypt – 0.3%                           
  1,500    

Arab Republic of Egypt, 144A

    6.125%        1/31/22        B        1,471,620  
      Honduras – 0.3%                           
  1,500    

Honduras Government

    8.750%        12/16/20        BB–        1,593,375  
      Sri Lanka – 0.3%                           
  1,500    

Republic of Sri Lanka, 144A

    5.750%        1/18/22        B        1,410,258  
      Turkey – 0.2%                           
  1,125    

Republic of Turkey, (6)

    5.125%        3/25/22        BB        1,094,621  
$ 7,625    

Total Sovereign Debt (cost $8,011,918)

                               7,376,894  
Principal
Amount (000)
    Description (1)   Coupon      Maturity      Ratings (2)      Value  
 

CONVERTIBLE BONDS – 0.7% (0.5% of Total Investments)

          
      Independent Power & Renewable Electricity Producers – 0.7%                           
$ 4,000    

Clearway Energy Inc., 144A

    3.250%        6/01/20        N/R      $ 3,814,196  
$ 4,000    

Total Convertible Bonds (cost $3,954,907)

                               3,814,196  
 

Total Long-Term Investments (cost $732,909,534)

                               708,057,172  
 

Borrowings – (35.8)% (4), (5)

                               (190,000,000
 

Other Assets Less Liabilities – 2.4%

                               12,634,505  
 

Net Assets Applicable to Common Shares – 100%

                             $ 530,691,677  

 

42


 

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)

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. Ratings are not covered by the report of independent registered public accounting firm.

 

(3)

Variable rate security. The rate shown is the coupon as of the end of the reporting period.

 

(4)

Borrowings as a percentage of Total Investments is 26.8%.

 

(5)

The Fund may pledge up to 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.

 

(6)

Investment, or portion of investment, is hypothecated as described in the Notes to Financial Statements, Note 8 – Borrowing Arrangements, Rehypothecation. The total value of investments hypothecated as of the end of the reporting period was $164,632,049.

 

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.

 

LIBOR

London Inter-Bank Offered Rate

 

Reg S

Regulation S allows U.S. companies to sell securities to persons or entities located outside of the United States without registering those securities with the Securities and Exchange Commission. Specifically, Regulation S provides a safe harbor from the registration requirements of the Securities Act for the offers and sales of securities by both foreign and domestic issuers that are made outside the United States.

 

See accompanying notes to financial statements.

 

43


JHAA   

Nuveen High Income 2023 Target
Term Fund

 

Portfolio of Investments    December 31, 2018

 

 

Cash – 100.0%

                               69,085,014  
 

Other Assets Less Liabilities – (0.0)%

                               (42,844
 

Net Assets – 100%

                             $ 69,042,170  

 

44


Statement of Assets and Liabilities

December 31, 2018

 

      JHY        JHD        JHB        JHAA  

Assets

                 

Long-term investments, at value (cost $211,103,643, $266,442,801, $732,909,534 and $—, respectively)

   $ 205,464,479        $ 263,928,988        $ 708,057,172        $  

Short-term investments, at value (cost approximates value)

     2,551,690          595,087                    

Cash

                       2,845,303          69,085,014  

Receivable for:

                 

Interest

     3,211,555          3,371,097          11,631,912           

Reclaims

                       3,945           

Other assets

     5,014          9,416          18,683           

Total assets

     211,232,738          267,904,588          722,557,015          69,085,014  

Liabilities

                 

Borrowings

     61,500,000                   190,000,000           

Payable for investments purchased

                       880,044           

Accrued expenses:

                 

Interest on borrowings

     31,046                   432,505           

Management fees

     118,940          150,991          405,786          13,769  

Trustees fees

     1,350          9,366          20,241          86  

Professional fees

     32,851          33,123          34,361          22,316  

Shareholder reporting expenses

     17,532          21,599          39,025          5,333  

Other

     21,743          26,976          53,376          1,340  

Total liabilities

     61,723,462          242,055          191,865,338          42,844  

Net assets applicable to common shares

   $ 149,509,276        $ 267,662,533        $ 530,691,677        $ 69,042,170  

Common shares outstanding

     15,777,323          27,064,130          55,871,646          7,010,128  

Net asset value (“NAV”) per common share outstanding

   $ 9.48        $ 9.89        $ 9.50        $ 9.85  

Net assets applicable to common shares consist of:

                                         

Common shares, $0.01 par value per share

   $ 157,773        $ 270,641        $ 558,716        $ 70,101  

Paid-in surplus

     154,972,618          265,834,533          548,851,094          68,972,069  

Total distributable earnings

     (5,621,115        1,557,359          (18,718,133       

 

Net assets applicable to common shares

   $ 149,509,276        $ 267,662,533        $ 530,691,677        $ 69,042,170  

Authorized shares

     Unlimited          Unlimited          Unlimited          Unlimited  

 

See accompanying notes to financial statements.

 

45


Statement of Operations

Year Ended December 31, 2018

 

      JHY        JHD        JHB        JHAA  

Investment Income

   $ 11,186,316        $ 14,297,351        $ 43,339,492        $  

Expenses

                 

Management fees

     1,385,351          1,959,251          4,884,395          13,769  

Interest expense on borrowings

     1,541,618          608,760          5,136,656           

Custodian fees

     64,006          63,763          125,194          1,126  

Trustees fees

     5,704          7,876          20,150          86  

Professional fees

     62,412          40,720          57,640          22,316  

Shareholder reporting expenses

     59,132          39,736          73,042          5,333  

Shareholder servicing agent fees

     250          228          228          6  

Shelf offering expenses

     123,442                             

Stock exchange listing fees

     13,542          7,526          15,571           

Investor relations expenses

     6,255          6,286          18,384          208  

Other

     22,736          18,116          25,658           

Total expenses

     3,284,448          2,752,262          10,356,918          42,844  

Net investment income (loss)

     7,901,868          11,545,089          32,982,574          (42,844

Realized and Unrealized Gain (Loss)

                 

Net realized gain (loss) from investments and foreign currency

     (237,540        1,218,890          1,103,617           

Change in net unrealized appreciation (depreciation) of investments and foreign currency

     (6,325,661        (7,696,716        (36,099,694         

Net realized and unrealized gain (loss)

     (6,563,201        (6,477,826        (34,996,077         

Net increase (decrease) in net assets applicable to common shares from operations

   $ 1,338,667        $ 5,067,263        $ (2,013,503      $ (42,844

 

See accompanying notes to financial statements.

 

46


Statement of Changes in Net Assets

 

    JHY     JHD     JHB     JHAA  
     Year
Ended
12/31/18
   

Year(1)

Ended

12/31/17

   

Year
Ended
12/31/18

   

Year(1)

Ended

12/31/17

   

Year
Ended
12/31/18

   

Year(1)

Ended

12/31/17

   

For the period
December 18, 2018
(commencement
of operations)
through
December 31, 2018

 

Operations

             

Net investment income (loss)

  $ 7,901,868     $ 9,164,932     $ 11,545,089     $ 15,470,386     $ 32,982,574     $ 36,015,784     $ (42,844

Net realized gain (loss) from investments and foreign currency

    (237,540     2,146,131       1,218,890       2,315,692       1,103,617       1,106,900        

Change in net unrealized appreciation (depreciation) of investments and foreign currency

    (6,325,661     (284,731     (7,696,716     (440,216     (36,099,694     7,701,725        

Net increase (decrease) in net assets applicable to common shares from operations

    1,338,667       11,026,332       5,067,263       17,345,862       (2,013,503     44,824,409       (42,844

Distributions to Common Shareholders(2)

             

Dividends(3)

    (7,972,415     (9,060,189     (13,028,672     (16,519,128     (32,679,326     (33,521,733      

Decrease in net assets applicable to common shares from distributions to common shareholders

    (7,972,415     (9,060,189     (13,028,672     (16,519,128     (32,679,326     (33,521,733      

Capital Share Transactions

             

Proceeds from common sale of shares, net of
offering costs

                                        68,985,000  

Proceeds from shelf offering, net of offering costs

    1,270,140       18,758,425                                

Net proceeds from common shares issued to shareholders due to reinvestment of distributions

    277,604       349,290             41,646             170,209        

Net increase (decrease) in net assets applicable to common shares from capital share transactions

    1,547,744       19,107,715             41,646             170,209       68,985,000  

Net increase (decrease) in net assets applicable to common shares

    (5,086,004     21,073,858       (7,961,409     868,380       (34,692,829     11,472,885       68,942,156  

Net assets applicable to common shares at the beginning of period

    154,595,280       133,521,422       275,623,942       274,755,562       565,384,506       553,911,621       100,014  

Net assets applicable to common shares at the end of period

  $ 149,509,276     $ 154,595,280     $ 267,662,533     $ 275,623,942     $ 530,691,677     $ 565,384,506     $ 69,042,170  
(1)

Prior period amounts have been conformed to current year presentation. See Notes to Financial Statements, Note 9 – New Accounting Pronouncements for further details.

(2)

The composition and per share amounts of the Funds’ distributions are presented in the Financial Highlights. The distribution information for the Funds as of its most recent tax year end is presented within the Notes to Financial Statements, Note 6 – Income Tax Information.

(3)

For the fiscal year ended December 31, 2017, JHY’s distributions to shareholders were paid from net investment income, while JHD’s and JHB’s distributions were paid from net investment income and accumulated net realized gains.

 

See accompanying notes to financial statements.

 

47


Statement of Cash Flows

Year Ended December 31, 2018

 

      JHY        JHD        JHB  

Cash Flows from Operating Activities:

            

Net Increase (Decrease) In Net Assets Applicable to Common Shares from Operations

   $ 1,338,667        $ 5,067,263        $ (2,013,503

Adjustments to reconcile the net increase (decrease) in net assets applicable to common shares from operations to net cash provided by (used in) operating activities:

            

Purchases of investments

     (91,449,910        (111,817,686        (214,652,325

Proceeds from sales and maturities of investments

     63,950,163          162,258,692          192,858,872  

Proceeds from (Purchases of) short-term investments, net

     3,023,248          4,497,914           

Taxes paid

     (24,328        (125,200        (120,554

Amortization (Accretion) of premiums and discounts, net

     1,328,341          1,934,928          2,950,992  

(Increase) Decrease in:

            

Receivable for interest

     (16,998        747,503          306,771  

Receivable for investments sold

     4,226,269          7,651,769          13,638,744  

Receivable for reclaims

                       (3,945

Other assets

     (3,814        (3,355        55,481  

Increase (Decrease) in:

            

Payable for investments purchased

                       880,044  

Accrued interest on borrowings

     (5,585        (52,938        103,534  

Accrued management fees

     7,721          (41,930        (14,369

Accrued Trustees fees

     (135        2,275          6,470  

Accrued professional fees

     1,147          1,147          1,763  

Accrued shareholder reporting expenses

     2,383          1,978          4,164  

Accrued other expenses

     (16,949        (34,488        (54,586

Net realized (gain) loss from:

            

Investments and foreign currency

     237,540          (1,218,890        (1,103,617

Paydowns

     1,250          (37,026        1,674  

Change in net unrealized (appreciation) depreciation of investments and foreign currency

     6,325,661          7,696,716          36,099,694  

Net cash provided by (used in) operating activities

     (11,075,329        76,528,672          28,945,304  

Cash Flows from Financing Activities:

            

Proceeds from borrowings

     17,500,000                    

Repayments of borrowings

              (63,500,000         

Cash distribution paid to common shareholders

     (7,694,811        (13,028,672        (32,679,326

Proceeds from shelf offering, net of offering costs

     1,270,140                    

Net cash provided by (used in) financing activities

     11,075,329          (76,528,672        (32,679,326

Net Increase (Decrease) in Cash

                       (3,734,022

Cash at the beginning of period

                       6,579,325  

Cash at the end of period

   $        $        $ 2,845,303  
Supplemental Disclosure of Cash Flow Information    JHY        JHD        JHB  

Cash paid for interest on borrowings (excluding borrowing costs)

   $ 1,535,398        $ 659,656        $ 4,969,875  

Non-cash financing activities not included herein consists of reinvestments of common
share distributions

     277,604                    

 

See accompanying notes to financial statements.

 

48


THIS PAGE INTENTIONALLY LEFT BLANK

 

49


Financial Highlights

 

Selected data for a common share outstanding throughout each period:

 

                                              
          Investment Operations     Less Distributions to
Common Shareholders
    Common Share  
     Beginning
Common
Share
NAV
    Net
Investment
Income
(Loss)(a)
    Net
Realized/
Unrealized
Gain (Loss)
    Total     From
Net
Investment
Income
    From
Accumulated
Net
Realized
Gains
    Return
of
Capital
    Total     Offering
Costs
   

Premium

from
Shares

Sold
through

Shelf

Offering

    Ending
NAV
    Ending
Share
Price
 

JHY

 

       

Year Ended 12/31:

 

                   

2018

  $ 9.89     $ 0.50     $ (0.41   $ 0.09     $ (0.51   $     $     $ (0.51   $ 0.01     $   $ 9.48     $ 9.92  

2017

    9.75       0.62       0.13       0.75       (0.62                 (0.62     (0.02     0.03       9.89       9.91  

2016

    8.73       0.73       0.97       1.70       (0.68                 (0.68                 9.75       10.21  

2015(b)

    9.85       0.28       (1.09     (0.81     (0.28           (0.01     (0.29     (0.02           8.73       9.95  

JHD

 

       

Year Ended 12/31:

 

                   

2018

    10.18       0.43       (0.24     0.19       (0.44     (0.04           (0.48                 9.89       9.86  

2017

    10.15       0.57       0.07       0.64       (0.55     (0.06           (0.61                 10.18       10.02  

2016(c)

    9.86       0.38       0.23       0.61       (0.27     (0.03           (0.30     (0.02           10.15       10.10  

JHB

 

       

Year Ended 12/31:

 

                   

2018

    10.12       0.59       (0.62     (0.03     (0.57     (0.02           (0.59                 9.50       8.90  

2017

    9.92       0.64       0.16       0.80       (0.58     (0.02           (0.60                 10.12       9.96  

2016(d)

    9.85       0.17       0.06       0.23       (0.14     (0.01           (0.15     (0.01           9.92       9.88  

JHAA

 

       

Year Ended 12/31:

 

                   

2018(h)

    9.88       (0.01           (0.01                             (0.02           9.85       10.85  

 

    Borrowings at the End of Period  
     Aggregate
Amount
Outstanding
(000)
       Asset
Coverage
Per $1,000
 

JHY

 

Year Ended 12/31:

 

2018

  $ 61,500        $ 3,431  

2017

    44,000          4,514  

2016

    44,000          4,035  

2015(b)

    44,000          3,713  

JHD

 

Year Ended 12/31:

      

2018

              

2017

    63,500          5,341  

2016(c)

    90,000          4,053  

JHB

 

Year Ended 12/31:

 

2018

    190,000          3,793  

2017

    190,000          3,976  

2016(d)

    190,000          3,915  

 

50


            Common Share Supplemental Data/
Ratios Applicable to Common Shares
 
Common Shares
Total Returns
          Ratios to Average Net Assets(f)        

Based
on
NAV(e)

    Based
on
Share
Price(e)
    Ending
Net Assets
(000)
    Expenses    

Net
Investment
Income (Loss)

    Portfolio
Turnover
Rate(g)
 
                                             
         
  0.97     5.42   $ 149,509       2.14     5.16     32
  7.94       3.28       154,595       1.54       6.29       72  
  20.15       9.94       133,521       1.50       7.91       53  
  (8.60     2.42       119,367       1.34 **      6.97 **      11  
                                             
         
  1.92       3.31       267,663       1.01       4.24       40  
  6.42       5.32       275,624       1.50       5.57       43  
  6.07       4.06       274,756       1.31 **      5.87 **      15  
                                             
         
  (0.43     (4.99     530,692       1.86       5.94       27  
  8.22       6.98       565,385       1.57       6.37       37  
  2.26       0.32       553,912       1.17 **      4.79 **      6  
                                             
         
  (0.30     8.50       69,042       1.74 **      (1.74 )**       

 

(a)

Per share Net Investment Income (Loss) is calculated using the average daily shares method.

(b)

For the period July 28, 2015 (commencement of operations) through December 31, 2015.

(c)

For the period May 10, 2016 (commencement of operations) through December 31, 2016.

(d)

For the period August 23, 2016 (commencement of operations) through December 31, 2016.

(e)

Total Return Based on Common Share NAV is the combination of changes in common share NAV, reinvested dividend income at NAV and reinvested capital gains distributions at NAV, if any. The last dividend declared in the period, which is typically paid on the first business day of the following month, is assumed to be reinvested at the ending NAV. The actual reinvest price for the last dividend declared in the period may often be based on the Fund’s market price (and not its NAV), and therefore may be different from the price used in the calculation. Total returns are not annualized.

Total Return Based on Common Share Price is the combination of changes in the market price per share and the effect of reinvested dividend income and reinvested capital gains distributions, if any, at the average price paid per share at the time of reinvestment. The last dividend declared in the period, which is typically paid on the first business day of the following month, is assumed to be reinvested at the ending market price. The actual reinvestment for the last dividend declared in the period may take place over several days, and in some instances may not be based on the market price, so the actual reinvestment price may be different from the price used in the calculation. Total returns are not annualized.

(f)     Net Investment Income (Loss) ratios reflect income earned and expenses incurred on assets attributable to borrowings, where applicable, (as described in Note 8 – Borrowing Arrangements).
    Each ratio includes the effect of all interest expense paid and other costs related to borrowings, where applicable, as follows:

 

Ratios of Borrowings
Interest Expense
to Average Net Assets Applicable
to Common Shares
 

JHY

 

Year Ended 12/31:

 

2018

      1.01

2017

 

    0.53  

2016

 

    0.43  

2015(b)

 

    0.27 ** 
     Ratios of Borrowings
Interest Expense
to Average Net Assets Applicable
to Common Shares
 

JHD

 

Year Ended 12/31:

 

2018

      0.22

2017

 

    0.55  

2016(c)

 

    0.36 ** 
     Ratios of Borrowings
Interest Expense
to Average Net Assets Applicable
to Common Shares
 

JHB

 

Year Ended 12/31:

 

2018

      0.92

2017

 

    0.62  

2016(d)

 

    0.25 ** 
 

 

(g)

Portfolio Turnover Rate is calculated based on the lesser of long-term purchases or sales (as disclosed in Note 5 – Investment Transactions) divided by the average long-term market value during the period.

(h)

For the period December 18, 2018 (commencement of operations) through December 31, 2018.

*

Rounds to less than $0.01 per share.

**

Annualized.

 

See accompanying notes to financial statements.

 

51


Notes to Financial Statements

 

1. General Information and Significant Accounting Policies

General Information

Fund Information

The funds covered in this report and their corresponding New York Stock Exchange (“NYSE”) symbols are as follows (each a “Fund” and collectively, the “Funds”):

 

   

Nuveen High Income 2020 Target Term Fund (JHY)

 

   

Nuveen High Income December 2019 Target Term Fund (JHD)

 

   

Nuveen High Income November 2021 Target Term Fund (JHB)

 

   

Nuveen High Income 2023 Target Term Fund (JHAA)

The Funds are registered under the Investment Company Act of 1940, as amended, as diversified, closed-end management investment companies. JHY, JHD, JHB and JHAA were each organized as a Massachusetts business trust on April 13, 2015, February 10, 2016, July 13, 2015 and September 20, 2018, respectively.

The end of the reporting period for the Funds is December 31, 2018, and the period covered by these Notes to Financial Statements is the fiscal year ended December 31, 2018 (the “current fiscal period”). The reporting period for JHAA is the period December 18, 2018 (commencement of operations) through December 31, 2018.

Investment Adviser

The Funds’ investment adviser is Nuveen Fund Advisors, LLC (the “Adviser”), a subsidiary of Nuveen, LLC (“Nuveen”). Nuveen is the investment management arm of Teachers Insurance and Annuity Association of America (TIAA). The Adviser has overall responsibility for management of the Funds, oversees the management of the Funds’ portfolios, manages the Funds’ business affairs and provides certain clerical, bookkeeping and other administrative services, and, if necessary, asset allocation decisions. The Adviser has entered into sub-advisory agreements with Nuveen Asset Management, LLC, (the “Sub-Adviser”), a subsidiary of the Adviser, under which the Sub-Adviser manages the investment portfolios of the Funds.

Investment Objectives and Principal Investment Strategies

Each Fund seeks to provide a high level of current income and return its original net asset value (“NAV”) per share on or about its termination date as noted in the following table.

 

     Original NAV
Per Share
       Termination Date  

JHY

  $ 9.85          November 1, 2020  

JHD

  $ 9.86          December 1, 2019  

JHB

  $ 9.85          November 1, 2021  

JHAA

  $ 9.88          December 1, 2023  

Under normal market conditions:

 

   

The Funds invest at least 80% of their managed assets (as defined in Note 7 – Management Fees and Other Transactions with Affiliates) in corporate debt securities.

 

   

The Funds will invest at least 80% of their managed assets in securities that, at the time of investment, are rated below investment grade (those rated BB/Ba or lower) or that are unrated but judged by the Sub-Adviser to be of comparable quality. These securities generally provide high income in an effort to compensate investors for their higher risk of default, which is the failure to make required interest or principal payments.

 

   

The Funds will invest no more than 15% of the Funds’ managed assets in securities that, at the time of investment, are rated CCC+/Caa1 or lower, or are unrated but judged by the Sub-Adviser to be of comparable quality.

 

   

The Funds may invest up to 30% of their managed assets in securities of non-U.S. issuers, including up to 20% in emerging market issuers.

 

   

The Funds may invest up to 10% of their managed assets in non-U.S. dollar denominated securities.

Each Fund also may invest in certain derivative instruments in pursuit of its investment objectives. Such instruments include financial futures contracts and options thereon, swaps (including interest rate and currency swaps), options on swaps and other derivative instruments. The Sub-Adviser may use derivative instruments to attempt to hedge some of the risk of each Fund’s investments or as a substitute for a position in the underlying asset.

 

52


 

Organizational Expenses

Prior to the commencement of operations for JHAA on December 18, 2018, the Fund had no operations other than those related to organizational matters, the Fund’s initial contribution of $100,014, by the Adviser, and the recording of the Fund’s organizational expenses of $16,000 and their reimbursement by the Adviser.

Significant Accounting Policies

Each Fund is an investment company and follows accounting and reporting guidance under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (ASC) Topic 946 “Financial Services – Investment Companies.” The following is a summary of significant accounting policies followed by the Funds in the preparation of their financial statements in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”).

Investment Transactions

Investment transactions are recorded on a trade date basis. Realized gains and losses from investment transactions are determined on the specific identification method, which is the same basis used for federal income tax purposes. Investments purchased on a when-issued/delayed delivery basis may have extended settlement periods. Any investments so purchased are subject to market fluctuation during this period. The Funds have earmarked securities in their portfolios with a current value at least equal to the amount of the when-issued/delayed delivery purchase commitments.

As of the end of the reporting period, the Funds did not have any when-issued/delayed delivery purchase commitments.

Investment Income

Investment income is comprised of interest income, which reflects the amortization of premiums and includes accretion of discounts for financial reporting purposes, and is recorded on an accrual basis. Interest income also reflects payment-in-kind (“PIK”) interest and paydown gains and losses, if any. PIK Interest represents income received in the form of securities in lieu of cash.

Professional Fees

Professional fees presented on the Statement of Operations consist of legal fees incurred in the normal course of operations, audit fees, tax consulting fees and, in some cases, workout expenditures. Workout expenditures are incurred in an attempt to protect or enhance an investment or to pursue other claims or legal actions on behalf of Fund shareholders. If a refund is received for workout expenditures paid in a prior reporting period, such amounts will be recognized as “Legal fee refund” on the Statement of Operations.

Dividends and Distributions to Common Shareholders

Dividends to shareholders, if any, are declared monthly. Net realized capital gains from investment transactions, if any, are declared and distributed to shareholders at least annually. However, in seeking to achieve its investment objectives, each Fund currently intends to set aside and retain in its net assets (and therefore its NAV) a portion of its net investment income, and possibly all or a portion of its gains. This will reduce the amounts otherwise available for distribution prior to the liquidation of the Funds, and the Funds may incur taxes on such retained amount. Such retained income or gains, net of any taxes, would constitute a portion of the liquidating distribution returned to investors on or about the Termination Date. Furthermore, capital gains are distributed only to the extent they exceed available capital loss carryforwards.

Distributions to common shareholders are recorded on the ex-dividend date. The amount and timing of distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP.

Compensation

The Funds pay no compensation directly to those of its trustees who are affiliated with the Adviser or to its officers, all of whom receive remuneration for their services to the Funds from the Adviser or its affiliates. The Funds’ Board of Trustees (the “Board”) has adopted a deferred compensation plan for independent trustees that enables trustees to elect to defer receipt of all or a portion of the annual compensation they are entitled to receive from certain Nuveen-advised funds. Under the plan, deferred amounts are treated as though equal dollar amounts had been invested in shares of select Nuveen-advised funds.

Indemnifications

Under the Funds’ organizational documents, their officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Funds. In addition, in the normal course of business, the Funds enter into contracts that provide general indemnifications to other parties. The Funds’ maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote.

Netting Agreements

In the ordinary course of business, the Funds may enter into transactions subject to enforceable master repurchase agreements, International Swaps and Derivatives Association, Inc. (ISDA) master agreements or other similar arrangements (“netting agreements”). Generally, the right to offset in netting agreements allows each Fund to offset certain securities and derivatives with a specific counterparty, when applicable, as well as any collateral received or delivered to that counterparty based on the terms of the agreements. Generally, each Fund manages its cash collateral and securities collateral on a counterparty basis.

 

53


Notes to Financial Statements (continued)

 

The Funds’ investments subject to netting agreements as of the end of the reporting period, if any, are further described in Note 3 – Portfolio Securities and Investments in Derivatives.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets applicable to common shares from operations during the current fiscal period. Actual results may differ from those estimates.

2. Investment Valuation and Fair Value Measurements

The fair valuation input levels as described below are for fair value measurement purposes.

Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

 

Level 1 –   Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2 –   Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3 –   Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).

Prices of fixed-income securities are provided by an independent pricing service (“pricing service”) approved by the Board. The pricing service establishes a security’s fair value using methods that may include consideration of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including the obligor’s credit characteristics considered relevant. These securities are generally classified as Level 2. In pricing certain securities, particularly less liquid and lower quality securities, the pricing service may consider information about a security, its issuer or market activity, provided by the Adviser. These securities are generally classified as Level 2 or Level 3 depending on the observability of the significant inputs.

Repurchase agreements are valued at contract amount plus accrued interest, which approximates market value. These securities are generally classified as Level 2.

Investments initially valued in currencies other than the U.S. dollar are converted to the U.S. dollar using exchange rates obtained from pricing services. As a result, the NAV of the Funds’ shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of securities traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and an investor is not able to purchase, redeem or exchange shares. If significant market events occur between the time of determination of the closing price of a foreign security on an exchange and the time that the Funds’ NAV is determined, or if under the Funds’ procedures, the closing price of a foreign security is not deemed to be reliable, the security would be valued at fair value as determined in accordance with procedures established in good faith by the Board. These securities are generally classified as Level 2 or Level 3 depending on the observability of the significant inputs.

Certain securities may not be able to be priced by the pre-established pricing methods as described above. Such securities may be valued by the Board and/or its appointee at fair value. These securities generally include, but are not limited to, restricted securities (securities which may not be publicly sold without registration under the Securities Act of 1933, as amended) for which a pricing service is unable to provide a market price; securities whose trading has been formally suspended; debt securities that have gone into default and for which there is no current market quotation; a security whose market price is not available from a pre-established pricing source; a security with respect to which an event has occurred that is likely to materially affect the value of the security after the market has closed but before the calculation of a Fund’s NAV (as may be the case in non-U.S. markets on which the security is primarily traded) or make it difficult or impossible to obtain a reliable market quotation; and a security whose price, as provided by the pricing service, is not deemed to reflect the security’s fair value. As a general principle, the fair value of a security would appear to be the amount that the owner might reasonably expect to receive for it in a current sale. A variety of factors may be considered in determining the fair value of such securities, which may include consideration of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including the obligor’s credit characteristics considered relevant. These securities are generally classified as Level 2 or Level 3 depending on the observability of the significant inputs. Regardless of the method employed to value a particular security, all valuations are subject to review by the Board and/or its appointee.

 

54


 

The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of each Fund’s fair value measurements as of the end of the reporting period:

 

JHY    Level 1      Level 2      Level 3      Total  

Long-Term Investments*:

           

Corporate Bonds

   $      $ 196,025,855      $      $ 196,025,855  

Convertible Bonds

            5,922,932               5,922,932  

Sovereign Debt

            3,515,692               3,515,692  

Short-Term Investments:

           

Repurchase Agreements

            2,551,690               2,551,690  

Total

   $      $ 208,016,169      $      $ 208,016,169  
JHD                                

Long-Term Investments*:

           

Corporate Bonds

   $      $ 236,749,809      $      $ 236,749,809  

Sovereign Debt

            16,477,484               16,477,484  

Convertible Bonds

            10,701,695               10,701,695  

Short-Term Investments:

           

Repurchase Agreements

            595,087               595,087  

Total

   $      $ 264,524,075      $      $ 264,524,075  
JHB                                

Long-Term Investments*:

           

Corporate Bonds

   $      $ 696,866,082      $      $ 696,866,082  

Sovereign Debt

            7,376,894               7,376,894  

Convertible Bonds

            3,814,196               3,814,196  

Total

   $      $ 708,057,172      $      $ 708,057,172  
*

Refer to the Fund’s Portfolio of Investments for industry and country classifications, where applicable.

3. Portfolio Securities and Investments in Derivatives

Portfolio Securities

Foreign Currency Transactions

To the extent that the Funds may invest in securities and/or contracts that are denominated in a currency other than U.S. dollars, the Funds will be subject to currency risk, which is the risk that an increase in the U.S. dollar relative to the foreign currency will reduce returns or portfolio value. Generally, when the U.S. dollar rises in value against a foreign currency, the Funds’ investments denominated in that currency will lose value because their currency is worth fewer U.S. dollars; the opposite effect occurs if the U.S. dollar falls in relative value. Investments and other assets and liabilities denominated in foreign currencies are converted into U.S. dollars on a spot (i.e. cash) basis at the spot rate prevailing in the foreign currency exchange market at the time of valuation. Purchases and sales of investments and income denominated in foreign currencies are translated into U.S. dollars on the respective dates of such transactions.

As of the end of the reporting period, the Funds’ investments in non-U.S. securities were as follows:

 

JHY      Value      % of Total
Investments
 

Country:

       

Canada

     $ 8,039,510        3.9

Bermuda

       3,874,663        1.9  

Brazil

       3,069,560        1.5  

Netherlands

       3,037,500        1.5  

Hong Kong

       3,011,924        1.4  

Luxembourg

       2,858,931        1.4  

Japan

       2,559,500        1.2  

Zambia

       2,400,000        1.2  

Australia

       2,390,976        1.1  

Other

       13,273,204        6.3  

Total non-U.S. securities

     $ 44,515,768        21.4

 

55


Notes to Financial Statements (continued)

 

JHD      Value      % of Total
Investments
 

Country:

       

Brazil

     $ 9,696,458        3.7

Canada

       9,689,573        3.7  

Japan

       6,310,125        2.4  

Spain

       5,431,050        2.1  

United Kingdom

       5,156,180        1.9  

Luxembourg

       4,862,563        1.8  

Australia

       4,268,880        1.6  

Israel

       4,135,325        1.6  

Italy

       4,057,968        1.5  

Other

       24,942,147        9.4  

Total non-U.S. securities

     $ 78,550,269        29.7
JHB                  

Country:

       

Canada

     $ 35,677,683        5.0

United Kingdom

       19,936,874        2.8  

Japan

       16,036,325        2.3  

China

       10,645,577        1.5  

Brazil

       10,128,915        1.4  

Italy

       9,168,698        1.3  

Luxembourg

       8,445,500        1.2  

Netherlands

       8,299,875        1.2  

Bermuda

       6,697,513        0.9  

Other

       57,631,407        8.2  

Total non-U.S. securities

     $ 182,668,367        25.8

The books and records of the Funds are maintained in U.S. dollars. Foreign currencies, assets and liabilities are translated into U.S. dollars at 4:00 p.m. Eastern Time. Investment transactions, income and expenses are translated on the respective dates of such transactions. Net realized foreign currency gains and losses resulting from changes in exchange rates include foreign currency gains and losses between trade date and settlement date of the transactions, foreign currency transactions and the difference between the amounts of interest and dividends recorded on the books of a Fund and the amounts actually received.

The realized gains and losses resulting from changes in foreign currency exchange rates and changes in foreign exchange rates associated with (i) foreign currency, (ii) investments, (iii) investments in derivatives and (iv) other assets and liabilities are recognized as a component of “Net realized gain (loss) from investments and foreign currency” on the Statement of Operations, when applicable.

The unrealized gains and losses resulting from changes in foreign currency exchange rates and changes in foreign exchange rates associated with (i) investments and (ii) other assets and liabilities are recognized as a component of “Change in net unrealized appreciation (depreciation) of investments and foreign currency” on the Statement of Operations, when applicable. The unrealized gains and losses resulting from changes in foreign exchange rates associated with investments in derivatives are recognized as a component of the respective derivative’s related “Change in net unrealized appreciation (depreciation)” on the Statement of Operations, when applicable.

Repurchase Agreements

In connection with transactions in repurchase agreements, it is each Fund’s policy that its custodian take possession of the underlying collateral securities, the fair value of which exceeds the principal amount of the repurchase transaction, including accrued interest, at all times. If the counterparty defaults, and the fair value of the collateral declines, realization of the collateral may be delayed or limited.

The following table presents the repurchase agreements for the Funds that are subject to netting agreements as of the end of the reporting period, and the collateral delivered related to those repurchase agreements.

 

Fund    Counterparty    Short-Term
Investments, at Value
       Collateral
Pledged (From)
Counterparty*
       Net
Exposure
 
JHY   

Fixed Income Clearing Corporation

   $ 2,551,690        $ (2,551,690      $  
JHD   

Fixed Income Clearing Corporation

     595,087          (595,087         
*

As of the end of the reporting period, the value of the collateral pledged from the counterparty exceeded the value of the repurchase agreements. Refer to the Fund’s Portfolio of Investments for details on the repurchase agreements.

 

56


 

Zero Coupon Securities

A zero coupon security does not pay a regular interest coupon to its holders during the life of the security. Income to the holder of the security comes from accretion of the difference between the original purchase price of the security at issuance and the par value of the security at maturity and is effectively paid at maturity. The market prices of zero coupon securities generally are more volatile than the market prices of securities that pay interest periodically.

Investments in Derivatives

Each Fund is authorized to invest in certain derivative instruments such as futures, options and swap contracts. Each Fund limits its investments in futures, options on futures and swap contracts to the extent necessary for the Adviser to claim the exclusion from registration by the Commodity Futures Trading Commission as a commodity pool operator with respect to the Fund. The Funds record derivative instruments at fair value, with changes in fair value recognized on the Statement of Operations, when applicable. Even though the Funds’ investments in derivatives may represent economic hedges, they are not considered to be hedge transactions for financial reporting purposes.

Although the Funds are authorized to invest in derivative instruments, and may do so in the future, they did not make any such investments during the current fiscal period.

Market and Counterparty Credit Risk

In the normal course of business each Fund may invest in financial instruments and enter into financial transactions where risk of potential loss exists due to changes in the market (market risk) or failure of the other party to the transaction to perform (counterparty credit risk). The potential loss could exceed the value of the financial assets recorded on the financial statements. Financial assets, which potentially expose each Fund to counterparty credit risk, consist principally of cash due from counterparties on forward, option and swap transactions, when applicable. The extent of each Fund’s exposure to counterparty credit risk in respect to these financial assets approximates their carrying value as recorded on the Statement of Assets and Liabilities.

Each Fund helps manage counterparty credit risk by entering into agreements only with counterparties the Adviser believes have the financial resources to honor their obligations and by having the Adviser monitor the financial stability of the counterparties. Additionally, counterparties may be required to pledge collateral daily (based on the daily valuation of the financial asset) on behalf of each Fund with a value approximately equal to the amount of any unrealized gain above a pre-determined threshold. Reciprocally, when each Fund has an unrealized loss, the Funds have instructed the custodian to pledge assets of the Funds as collateral with a value approximately equal to the amount of the unrealized loss above a pre-determined threshold. Collateral pledges are monitored and subsequently adjusted if and when the valuations fluctuate, either up or down, by at least the pre-determined threshold amount.

4. Fund Shares

Common Shares

Common Shares Equity Shelf Programs and Offering Costs

JHY has filed a registration statement with the Securities and Exchange Commission (“SEC”) authorizing the Fund to issue additional common shares through one or more equity shelf programs (“Shelf Offering”), which became effective with the SEC during the prior fiscal period.

Under this Shelf Offering, the Fund, subject to market conditions, may raise additional equity capital by issuing additional common shares from time to time in varying amounts and by different offering methods at a net price at or above the Fund’s NAV per common share. In the event the Fund’s Shelf Offering registration statement is no longer current, the Fund may not issue additional common shares until a post-effective amendment to the registration statement has been filed with the SEC.

Additional authorized common shares, common shares sold and offering proceeds, net of offering costs under the Fund’s Shelf Offering during the Fund’s current and prior fiscal period were as follows:

 

       JHY  
        Year Ended
12/31/18**
     Year Ended
12/31/17*
 

Additional authorized common shares

       3,400,000        3,400,000  

Common shares sold

       119,829        1,896,443  

Offering proceeds, net of offering costs

     $ 1,270,140      $ 18,758,425  
*

Represents additional authorized shares for the period February 2, 2017 (effective date) through December 31, 2017.

**

Represents additional authorized shares for the period January 1, 2018 through October 31, 2018.

Costs incurred by the Fund in connection with its initial shelf registrations were recorded as a prepaid expense and recognized as a component of

“Deferred offering costs” on the Statement of Assets and Liabilities. These costs are amortized pro rata as shares are sold and are recognized as a

 

57


Notes to Financial Statements (continued)

 

component of “Proceeds from shelf offering, net of offering costs” on the Statement of Changes in Net Assets. Any deferred offering costs remaining one year after the effectiveness of the initial shelf registration will be expensed. Costs incurred by the Fund to keep the shelf registration current are expensed as incurred and recognized as a component of “Shelf offering expenses” on the Statement of Operations.

Common Share Transactions

Transactions in common shares during the Funds’ current and prior fiscal period were as follows:

 

       JHY      JHD  
       

Year Ended
12/31/18

     Year Ended
12/31/17
    

Year Ended
12/31/18

    

Year Ended

12/31/17

 

Common shares:

             

Sold through shelf offering

       119,829        1,896,443                

Issued to shareholders due to reinvestment of distributions

       28,375        35,208               4,047  

Total

       148,204        1,931,651               4,047  

Weighted average common share:

             

Premium to NAV per shelf offering share sold

       1.29      2.19          
       JHB      JHAA*  
        Year Ended
12/31/18
     Year Ended
12/31/17
     For the Period 12/18/18
(commencement
of operations)
through 12/31/18
 

Common shares:

          

Sold

                     7,000,000  

Issued to shareholders due to reinvestment of distributions

              17,009         

Total

              17,009        7,000,000  
*

Prior to the commencement of operations, the Adviser purchased 10,128 shares, which are still held as of the end of the reporting period.

5. Investment Transactions

Long-term purchases and sales (including maturities) during the current fiscal period were as follows:

 

     JHY        JHD        JHB        JHAA  

Purchases

  $ 91,449,910        $ 111,817,686        $ 214,652,325        $     —  

Sales and maturities

    63,950,163          162,258,692          192,858,872              —  

6. Income Tax Information

Each Fund is a separate taxpayer for federal income tax purposes. Each Fund intends to distribute substantially all of its net investment company taxable income to shareholders and to otherwise comply with the requirements of Subchapter M of the Internal Revenue Code applicable to regulated investment companies. In any year when the Funds realize net capital gains, the Funds may choose to distribute all or a portion of their net capital gains to shareholders, or alternatively, to retain all or a portion of their net capital gains and pay federal corporate income taxes on such retained gains.

For all open tax years and all major taxing jurisdictions, management of the Funds has concluded that there are no significant uncertain tax positions that would require recognition in the financial statements. Open tax years are those that are open for examination by taxing authorities (i.e., generally the last four tax year ends and the interim tax period since then). Furthermore, management of the Funds is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing certain gains and losses on investment transactions. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts as detailed below. Temporary differences do not require reclassification. Temporary and permanent differences do not impact the NAVs of the Funds.

 

58


 

The table below presents the cost and unrealized appreciation (depreciation) of each Fund’s investment portfolio, as determined on a federal income tax basis, as of December 31, 2018.

 

     JHY        JHD        JHB        JHAA  

Tax cost of investments

  $ 213,656,097        $ 267,050,910        $ 733,004,251        $     —  

Gross unrealized:

                

Appreciation

  $ 64,327        $ 167,537        $ 1,009,636        $     —  

Depreciation

    (5,704,255        (2,694,372        (25,956,715         

Net unrealized appreciation (depreciation) of investments

  $ (5,639,928      $ (2,526,835      $ (24,947,079      $     —  

Permanent differences, primarily due to net operating losses, distribution reallocations and federal taxes paid, resulted in reclassifications among the Funds’ components of common share net assets as of December 31, 2018, the Funds’ tax year end.

The tax components of undistributed net ordinary income and net long-term capital gains as of December 31, 2018, the Funds’ tax year end, were as follows:

 

     JHY        JHD        JHB        JHAA  

Undistributed net ordinary income1

  $ 722,208        $ 3,252,376        $ 6,113,267        $     —  

Undistributed net long-term capital gains

             839,441          131,241           
1 

Net ordinary income consists of net taxable income derived from dividends, interest, and net short-term capital gains, if any.

The tax character of distributions paid during the Funds’ tax years ended December 31, 2018 and December 31, 2017 was designated for purposes of the dividends paid deduction as follows:

 

2018      JHY      JHD      JHB      JHAA3  

Distributions from net ordinary income1

     $ 7,972,415      $ 11,854,089      $ 31,567,480      $     —  

Distributions from net long-term capital gains2

              1,174,583        1,111,846         
2017      JHY      JHD      JHB  

Distributions from net ordinary income1

     $ 9,060,189      $ 15,628,718      $ 33,521,733  

Distributions from net long-term capital gains

              890,410         
1 

Net ordinary income consists of net taxable income derived from dividends, interest, and net short-term capital gains, if any.

2 

The Funds designate as long-term capital gain dividend, pursuant to Internal Revenue Code Section 852(b)(3), the amount necessary to reduce earnings and profits of the Funds related to net capital gain to zero for the tax year ended December 31, 2018.

3

For the period December 18, 2018 (commencement of operations) through December 31, 2018.

As of December 31, 2018, the Funds’ tax year end, the following Fund had unused capital losses carrying forward available for federal income tax purposes to be applied against future capital gains, if any. The capital losses are not subject to expiration.

 

      JHY  

Not subject to expiration:

        

Short-term

   $ 355,491  

Long-term

     347,904  

Total

   $ 703,395  

7. Management Fees

Management Fees

Each Fund’s management fee compensates the Adviser for overall investment advisory and administrative services and general office facilities. The Sub-Adviser is compensated for its services to the Funds from the management fees paid to the Adviser.

Each Fund’s management fee consists of two components – a fund-level fee, based only on the amount of assets within each individual Fund, and a complex-level fee, based on the aggregate amount of all eligible fund assets managed by the Adviser. This pricing structure enables Fund shareholders to benefit from growth in the assets within their respective Fund as well as from growth in the amount of complex-wide assets managed by the Adviser.

 

59


Notes to Financial Statements (continued)

 

The annual fund-level fee, payable monthly, for each Fund is calculated according to the following schedule:

 

Average Daily Managed Assets*      Fund-Level Fee Rate  

For the first $500 million

       0.5000

For the next $250 million

       0.4875  

For managed assets over $750 million

       0.4750  

The annual complex-level fee, payable monthly, for each Fund is calculated by multiplying the current complex-wide fee rate, determined according to the following schedule by the Funds’ daily managed assets:

 

Complex-Level Eligible Asset Breakpoint Level*      Effective Complex-Level
Fee Rate at Breakpoint Level
 

$55 billion

       0.2000

$56 billion

       0.1996  

$57 billion

       0.1989  

$60 billion

       0.1961  

$63 billion

       0.1931  

$66 billion

       0.1900  

$71 billion

       0.1851  

$76 billion

       0.1806  

$80 billion

       0.1773  

$91 billion

       0.1691  

$125 billion

       0.1599  

$200 billion

       0.1505  

$250 billion

       0.1469  

$300 billion

       0.1445  
*

For the complex-level fees, managed assets include closed-end fund assets managed by the Adviser that are attributable to certain types of leverage. For these purposes, leverage includes the funds’ use of preferred stock and borrowings and certain investments in the residual interest certificates (also called inverse floating rate securities) in tender option bond (TOB) trusts, including the portion of assets held by a TOB trust that has been effectively financed by the trust’s issuance of floating rate securities, subject to an agreement by the Adviser as to certain funds to limit the amount of such assets for determining managed assets in certain circumstances. The complex-level fee is calculated based upon the aggregate daily managed assets of all Nuveen open-end and closed-end Funds that constitute “eligible assets.” Eligible assets do not include assets attributable to investments in other Nuveen funds or assets in excess of a determined amount (originally $2 billion) added to the Nuveen fund complex in connection with the Adviser’s assumption of the management of the former First American Funds effective January 1, 2011. As of December 31, 2018, the complex-level fee for each Fund was 0.1602%.

8. Borrowing Arrangements

During the current fiscal period, JHY, JHD and JHB entered into borrowing arrangements (“Borrowings”) as a means of leverage.

The following Funds have entered into a credit agreement with a bank. As of the end of the reporting period each Fund’s maximum commitment amount under its Borrowings is as follows:

 

        JHY        JHB  

Maximum commitment amount

       $61,500,000          $190,000,000  

JHY renewed its borrowings in April 2018 through April 2019, while JHB renewed its borrowings in January 2018 through January 2019. JHY incurred a 0.10% amendment fee based on the increase to the maximum commitment amount of the Borrowings. All other terms remained unchanged for each Fund.

During the current fiscal period, JHD reduced its maximum commitment and borrowing outstanding until September 27, 2018, at which time the Fund terminated its borrowings agreement.

As of the end of the reporting period, each Fund’s outstanding balance on its Borrowings was as follows:

 

        JHY        JHB  

Outstanding balance on Borrowings

       $61,500,000          $190,000,000  

Interest is charged on these Borrowings for JHY at the 1-Month LIBOR (London Inter-Bank Offered Rate) plus 0.65% per annum on the amounts borrowed and a 0.125% per annum commitment fee on the undrawn portion of the Borrowings. JHD was charged on its Borrowings at the 1-month LIBOR plus 0.65% per annum on the amounts borrowed and 0.125% per annum on the undrawn portion of the Borrowings. JHB is charged at the 1-Month LIBOR plus 0.40% (0.65% prior to November 29, 2018) per annum and a 0.25% per annum commitment fee on the undrawn portion of the Borrowings on any day that more than 10% of the maximum commitment amount is undrawn.

 

60


 

During the current fiscal period, the average daily balance outstanding and average annual interest rate on each Fund’s Borrowings were as follows:

 

        JHY        JHD*        JHB  

Average daily balance outstanding

       $56,938,356          $33,874,721          $190,000,000  

Average annual interest rate

       2.62        2.51        2.61
*

For the period January 1, 2018 through September 27, 2018.

In order to maintain these Borrowings, the Funds must meet certain collateral, asset coverage and other requirements. Each Fund’s Borrowings outstanding are secured by assets in the Fund’s portfolio of investments.

Each Fund’s Borrowings outstanding is recognized as “Borrowings” on the Statement of Assets and Liabilities. Interest expense incurred on the borrowed amount and undrawn balance and amendment fees are recognized as components of “Interest expense on borrowings” on the Statement of Operations.

Rehypothecation

JHB has entered into a Rehypothecation Side Letter (“Side Letter”) with its credit agreement lender, allowing it to re-register a portion of its collateral in its own name or in a name other than the Fund’s to pledge, repledge, hypothecate, rehyphothecate, sell, lend or otherwise transfer or use the collateral (the “Hypothecated Securities”) with all rights of ownership as described in the Side Letter. Subject to certain conditions, the total value of the outstanding Hypothecated Securities shall not exceed 98% of the outstanding balance on the Borrowings. The Fund may designate any collateral as ineligible for rehypothecation. The Fund may also recall Hypothecated Securities on demand.

The Fund also has the right to apply and set-off an amount equal to one-hundred percent (100%) of the then-current fair market value of such Hypothecated Securities against the current Borrowings under the Side Letter in the event that the lender fails to timely return the Hypothecated Securities and in certain other circumstances. In such circumstances, however, the Fund may not be able to obtain replacement financing required to purchase replacement securities and, consequently, the Fund’s income generating potential may decrease. Even if the Fund is able to obtain replacement financing, it might not be able to purchase replacement securities at favorable prices.

Upon execution of the Rehypothecation Side Letter, the Fund lowered the drawn rate on its credit agreement. The Fund will receive any principal, interest, dividends and other distributions paid on the Hypothecated Securities.

As of the end of the reporting period, the Fund had Hypothecated Securities totaling $164,632,049.

Inter-Fund Borrowing and Lending

The SEC has granted an exemptive order permitting registered open-end and closed-end Nuveen funds to participate in an inter-fund lending facility whereby the Nuveen funds may directly lend to and borrow money from each other for temporary purposes (e.g., to satisfy redemption requests or when a sale of securities “fails,” resulting in an unanticipated cash shortfall) (the “Inter-Fund Program”). The closed-end Nuveen funds, including the Funds covered by this shareholder report, will participate only as lenders, and not as borrowers, in the Inter-Fund Program because such closed-end funds rarely, if ever, need to borrow cash to meet redemptions. The Inter-Fund Program is subject to a number of conditions, including, among other things, the requirements that (1) no fund may borrow or lend money through the Inter-Fund Program unless it receives a more favorable interest rate than is typically available from a bank or other financial institution for a comparable transaction; (2) no fund may borrow on an unsecured basis through the Inter-Fund Program unless the fund’s outstanding borrowings from all sources immediately after the inter-fund borrowing total 10% or less of its total assets; provided that if the borrowing fund has a secured borrowing outstanding from any other lender, including but not limited to another fund, the inter-fund loan must be secured on at least an equal priority basis with at least an equivalent percentage of collateral to loan value; (3) if a fund’s total outstanding borrowings immediately after an inter-fund borrowing would be greater than 10% of its total assets, the fund may borrow through the inter-fund loan on a secured basis only; (4) no fund may lend money if the loan would cause its aggregate outstanding loans through the Inter-Fund Program to exceed 15% of its net assets at the time of the loan; (5) a fund’s inter-fund loans to any one fund shall not exceed 5% of the lending fund’s net assets; (6) the duration of inter-fund loans will be limited to the time required to receive payment for securities sold, but in no event more than seven days; and (7) each inter-fund loan may be called on one business day’s notice by a lending fund and may be repaid on any day by a borrowing fund. In addition, a Nuveen fund may participate in the Inter-Fund Program only if and to the extent that such participation is consistent with the fund’s investment objective and investment policies. The Board is responsible for overseeing the Inter-Fund Program.

The limitations detailed above and the other conditions of the SEC exemptive order permitting the Inter-Fund Program are designed to minimize the risks associated with Inter-Fund Program for both the lending fund and the borrowing fund. However, no borrowing or lending activity is without risk. When a fund borrows money from another fund, there is a risk that the loan could be called on one day’s notice or not renewed, in which case the fund may have to borrow from a bank at a higher rate or take other actions to payoff such loan if an inter-fund loan is not available from another fund. Any delay in repayment to a lending fund could result in a lost investment opportunity or additional borrowing costs.

During the current reporting period, none of the Funds covered by this shareholder report have entered into any inter-fund loan activity.

 

61


Notes to Financial Statements (continued)

 

9. New Accounting Pronouncements

Disclosure Update and Simplification

During August 2018, the SEC issued Final Rule Release No. 33-10532, Disclosure Update and Simplification (“Final Rule Release No. 33-10532”). Final Rule Release No. 33-10532 amends certain financial statement disclosure requirements to conform to U.S. GAAP. The amendments to Rule 6-04.17 of Regulation S-X (balance sheet) remove the requirement to separately state the book basis components of net assets: undistributed (over-distribution of) net investment income (“UNII”), accumulated undistributed net realized gains (losses), and net unrealized appreciation (depreciation) at the balance sheet date. Instead, consistent with U.S. GAAP, funds will be required to disclose total distributable earnings. The amendments to Rule 6-09 of Regulation S-X (statement of changes in net assets) remove the requirement to separately state the sources of distributions paid. Instead, consistent with U.S. GAAP, funds will be required to disclose the total amount of distributions paid, except that any tax return of capital must be separately disclosed. The amendments also remove the requirement to parenthetically state the book basis amount of UNII on the statement of changes in net assets.

The requirements of Final Rule Release No. 33-10532 are effective November 5, 2018, and the Funds’ Statement of Assets and Liabilities and Statement of Changes in Net Assets for the current reporting period have been modified accordingly. In addition, certain amounts within each Fund’s Statement of Changes in Net Assets for the prior fiscal period have been modified to conform to Final Rule Release No. 33-10532.

For the prior fiscal period, the total amount of distributions paid to shareholders from net investment income and from accumulated net realized gains, if any, are recognized as “Dividends” on the Statement of Changes in Net Assets.

As of December 31, 2017, the Funds’ Statement of Changes in Net Assets reflected the following balances.

 

     JHY        JHD        JHB  
Distributions to Shareholders            

From net investment income

  $ (9,060,189      $ (14,783,538      $ (32,335,393

From accumulated net realized gains

             (1,735,590        (1,186,340

Decrease in net assets applicable to common shares from distributions to common shareholders

    (9,060,189        (16,519,128        (33,521,733

UNII at the end of period

  $ 791,505        $ 3,546,699        $ 4,680,937  

FASB Accounting Standards Update (“ASU”) 2017-08 (“ASU 2017-08”) Premium Amortization on Purchased Callable Debt Securities

The FASB has issued ASU 2017-08, which shortens the premium amortization period for purchased non-contingently callable debt securities. ASU 2017-08 specifies that the premium amortization period ends at the earliest call date, for purchased non-contingently callable debt securities. ASU 2017-08 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Management is currently evaluating the implications of ASU 2017-08, if any.

Fair Value Measurement: Disclosure Framework

During August 2018, the FASB issued ASU 2018-13 (“ASU 2018-13”), Fair Value Measurement: Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurements. ASU 2018-13 modifies the disclosures required by Topic 820, Fair Value Measurements. The amendments in ASU 2018-13 are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. During the current reporting period, management early implemented this guidance. This implementation did not have a material impact on the Funds’ financial statements.

10. Subsequent Events

Target Term Termination Period

During January 2019, JHD entered the wind-up period in anticipation of its Termination Date. The Fund is a “target term” Fund that will cease its investment operations and liquidate its portfolio on December 1, 2019 and distribute the net proceeds to shareholders, unless the term is extended for a period of up to six months by a vote of the Board. Consequently, for the remainder of its term, the Fund will invest at least 80% of its managed assets in below investment grade securities; and short-term investment grade securities that have a final or remaining maturity of 397 days or less, as long as the maturity does not occur later than June 1, 2020.

Borrowing Arrangements

During January 2019, JHAA entered into a $27,500,000 (maximum commitment amount) borrowing agreement (“Borrowings”) and drew $26,500,000. Interest is charged on the Borrowings at the 1-Month LIBOR plus 0.60% per annum on the amounts borrowed. In addition to interest, the Fund also accrues a 0.13% per annum commitment fee on the undrawn portion of the Borrowings and a one-time upfront fee of 0.05% per annum on the maximum commitment amount.

During January 2019, JHB renewed its Borrowings and increased the maximum commitment amount and outstanding balance on its Borrowings to $215,000,000 and $207,000,000, respectively. In addition the interest charged in the Borrowings was changed from one-month LIBOR plus 0.40% to one-month LIBOR plus 0.45%. All other terms of the Borrowings remain unchanged.

Common Share Issuance

On January 24, 2019 and February 5, 2019, JHAA issued an additional 500,000 and 301,742 common shares, respectively, in connection with an exercise by the underwriters of their over allotment option.

 

62


Additional Fund Information

(Unaudited)

 

Board of Trustees          
Margo Cook*   Jack B. Evans   William C. Hunter   Albin F. Moschner   John K. Nelson   William J. Schneider**
Judith M. Stockdale   Carole E. Stone   Terence J. Toth   Margaret L. Wolff   Robert C. Young  

 

*

Interested Board Member.

**

Retired from the Fund’s Board of Trustee effective December 31, 2018.

 

         

Fund Manager

Nuveen Fund Advisors, LLC

333 West Wacker Drive

Chicago, IL 60606

 

Custodian

State Street Bank
& Trust Company

One Lincoln Street

Boston, MA 02111

 

Legal Counsel

Chapman and Cutler LLP

Chicago, IL 60603

 

Independent Registered
Public Accounting Firm

KPMG LLP

200 East Randolph Street

Chicago, IL 60601

 

Transfer Agent and
Shareholder Services

Computershare Trust

Company, N.A.

250 Royall Street

Canton, MA 02021

(800) 257-8787

 

 

Distribution Information

The following Funds hereby designate their percentages of dividends paid from net ordinary income as dividends qualifying as Interest-Related Dividends and/or short-term capital gain dividends as defined in Internal Revenue Code Section 871(k) for the taxable year ended December 31, 2018.

 

     JHY        JHD        JHB  

% of Interest-Related Dividends

    73.1%          68.8%          77.2%  

Quarterly Portfolio of Investments Information

Each Fund is required to file its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its report on Form N-PORT. You may obtain this information on the SEC’s website at http://www.sec.gov.

 

 

Nuveen Funds’ Proxy Voting Information

You may obtain (i) information regarding how each fund voted proxies relating to portfolio securities held during the most recent twelve-month period ended June 30, without charge, upon request, by calling Nuveen toll-free at (800) 257-8787 or on Nuveen’s website at www.nuveen.com and (ii) a description of the policies and procedures that each fund used to determine how to vote proxies relating to portfolio securities without charge, upon request, by calling Nuveen toll free at (800) 257-8787. You may also obtain this information directly from the SEC. Visit the SEC on-line at http://www.sec.gov.

 

 

CEO Certification Disclosure

The Fund’s Chief Executive Officer (CEO) has submitted to the New York Stock Exchange (NYSE) the annual CEO certification as required by Section 303A.12(a) of the NYSE Listed Company Manual. The Fund has filed with the SEC the certification of its CEO and Chief Financial Officer required by Section 302 of the Sarbanes-Oxley Act.

 

 

Common Share Repurchases

JHY, JHD and JHB intend to repurchase, through their open-market share repurchase program, shares of their own common stock at such times and in such amounts as is deemed advisable. During the period covered by this report, each Fund repurchased shares of its common stock, as shown in the accompanying table. Any future repurchases will be reported to shareholders in the next annual or semi-annual report.

 

     JHY        JHD        JHB  

Common shares repurchased

                       

FINRA BrokerCheck

The Financial Industry Regulatory Authority (FINRA) provides information regarding the disciplinary history of FINRA member firms and associated investment professionals. This information as well as an investor brochure describing FINRA BrokerCheck is available to the public by calling the FINRA BrokerCheck Hotline number at (800) 289-9999 or by visiting www.FINRA.org.

 

 

 

63


Glossary of Terms Used in this Report

(Unaudited)

 

 

Average Annual Total Return: This is a commonly used method to express an investment’s performance over a particular, usually multi-year time period. It expresses the return that would have been necessary each year to equal the investment’s actual cumulative performance (including change in NAV or market price and reinvested dividends and capital gains distributions, if any) over the time period being considered.

 

 

Bloomberg Barclays U.S. High Yield 1-5 Year Cash Pay 2% Issuer Capped Index: An index that tracks the performance of U.S. non-investment grade bonds with maturities of one to 4.99 years and limits each issue to 2% of the index. Benchmark returns assume reinvestment of distributions, but do not reflect any applicable sales charges or management fees.

 

 

Duration: Duration is a measure of the expected period over which a bond’s principal and interest will be paid, and consequently is a measure of the sensitivity of a bond’s or bond fund’s value to changes when market interest rates change. Generally, the longer a bond’s or fund’s duration, the more the price of the bond or fund will change as interest rates change.

 

 

Effective Leverage: Effective leverage is a fund’s effective economic leverage, and includes both regulatory leverage (see below) and the leverage effects of certain derivative investments in the fund’s portfolio.

 

 

Gross Domestic Product (GDP): The total market value of all final goods and services produced in a country/region in a given year, equal to total consumer, investment and government spending, plus the value of exports, minus the value of imports.

 

 

Leverage: Leverage is created whenever a fund has investment exposure (both reward and/or risk) equivalent to more than 100% of the investment capital.

 

 

Net Asset Value (NAV) Per Share: A fund’s Net Assets is equal to its total assets (securities, cash, accrued earnings and receivables) less its total liabilities. NAV per share is equal to the fund’s Net Assets divided by its number of shares outstanding.

 

 

Regulatory Leverage: Regulatory leverage consists of preferred shares issued by or borrowings of a fund. Both of these are part of a fund’s capital structure. Regulatory leverage is subject to asset coverage limits set in the Investment Company Act of 1940.

 

 

64


Reinvest Automatically, Easily and Conveniently

 

Nuveen makes reinvesting easy. A phone call is all it takes to set up your reinvestment account.

 

 

Nuveen Closed-End Funds Automatic Reinvestment Plan

Your Nuveen Closed-End Fund allows you to conveniently reinvest distributions in additional Fund shares.

By choosing to reinvest, you’ll be able to invest money regularly and automatically, and watch your investment grow through the power of compounding. Just like distributions in cash, there may be times when income or capital gains taxes may be payable on distributions that are reinvested.

It is important to note that an automatic reinvestment plan does not ensure a profit, nor does it protect you against loss in a declining market.

Easy and convenient

To make recordkeeping easy and convenient, each quarter you’ll receive a statement showing your total distributions, the date of investment, the shares acquired and the price per share, and the total number of shares you own.

How shares are purchased

The shares you acquire by reinvesting will either be purchased on the open market or newly issued by the Fund. If the shares are trading at or above net asset value at the time of valuation, the Fund will issue new shares at the greater of the net asset value or 95% of the then-current market price. If the shares are trading at less than net asset value, shares for your account will be purchased on the open market. If the Plan Agent begins purchasing Fund shares on the open market while shares are trading below net asset value, but the Fund’s shares subsequently trade at or above their net asset value before the Plan Agent is able to complete its purchases, the Plan Agent may cease open-market purchases and may invest the uninvested portion of the distribution in newly-issued Fund shares at a price equal to the greater of the shares’ net asset value or 95% of the shares’ market value on the last business day immediately prior to the purchase date. Distributions received to purchase shares in the open market will normally be invested shortly after the distribution payment date. No interest will be paid on distributions awaiting reinvestment. Because the market price of the shares may increase before purchases are completed, the average purchase price per share may exceed the market price at the time of valuation, resulting in the acquisition of fewer shares than if the distribution had been paid in shares issued by the Fund. A pro rata portion of any applicable brokerage commissions on open market purchases will be paid by Plan participants. These commissions usually will be lower than those charged on individual transactions.

Flexible

You may change your distribution option or withdraw from the Plan at any time, should your needs or situation change.

You can reinvest whether your shares are registered in your name, or in the name of a brokerage firm, bank, or other nominee. Ask your investment advisor if his or her firm will participate on your behalf. Participants whose shares are registered in the name of one firm may not be able to transfer the shares to another firm and continue to participate in the Plan.

The Fund reserves the right to amend or terminate the Plan at any time. Although the Fund reserves the right to amend the Plan to include a service charge payable by the participants, there is no direct service charge to participants in the Plan at this time.

Call today to start reinvesting distributions

For more information on the Nuveen Automatic Reinvestment Plan or to enroll in or withdraw from the Plan, speak with your financial advisor or call us at (800) 257-8787.

 

 

65


Annual Investment Management Agreement Approval Process

(Unaudited)

 

The Board of Trustees (each, a “Board,” and each Trustee, a “Board Member”) of each Fund, including the Board Members who are not “interested persons” (as defined under the Investment Company Act of 1940 (the “1940 Act”)) (the “Independent Board Members”), is responsible for determining whether to initially approve or, after an initial term, to renew, the advisory agreements for its respective Fund. With respect to Nuveen High Income 2020 Target Term Fund, Nuveen High Income December 2019 Target Term Fund and Nuveen High Income November 2021 Target Term Fund, a discussion of the Board’s approval of the most recent renewal of the advisory arrangements for the applicable Fund is set forth in such Fund’s semi-annual report for the period ended June 30, 2018. With respect to Nuveen High Income 2023 Target Term Fund, a discussion of the Board’s initial approval of the advisory arrangements for such Fund is set forth below.

NUVEEN HIGH INCOME 2023 TARGET TERM FUND (JHAA)

The Board Members are responsible for approving advisory arrangements and, at a meeting held on September 20, 2018 (the “Meeting”), were asked to approve the advisory arrangements for the following new fund: Nuveen High Income 2023 Target Term Fund (for purposes of the remainder of this discussion, the “Fund”). At the Meeting, the Board Members, including the Independent Board Members, considered and approved the investment management agreement (the “Investment Management Agreement”) with Nuveen Fund Advisors, LLC (the “Adviser”), pursuant to which the Adviser serves as investment adviser to the Fund and the investment sub-advisory agreement (the “Sub-Advisory Agreement”) with Nuveen Asset Management, LLC (the “Sub-Adviser”), pursuant to which the Sub-Adviser serves as investment sub-adviser to the Fund. The Adviser and the Sub-Adviser are each hereafter a “Fund Adviser.” The Investment Management Agreement and the Sub-Advisory Agreement are each hereafter an “Advisory Agreement” and collectively, the “Advisory Agreements.”

To assist the Board in its evaluation of an Advisory Agreement with a Fund Adviser at the Meeting, the Independent Board Members had received, in adequate time in advance of the Meeting or at prior meetings, materials which outlined, among other things:

 

   

the nature, extent and quality of the services expected to be provided by the Fund Adviser;

 

   

the organization of the Fund Adviser, including the responsibilities of various departments and key personnel;

 

   

the expertise and background of the Fund Adviser with respect to the Fund’s investment strategy;

 

   

certain performance-related information (as described below);

 

   

the profitability of Nuveen and its affiliates for their advisory activities;

 

   

the proposed management fees of the Fund Adviser, including comparisons of such fees with the management fees of comparable funds;

 

   

the expected expenses of the Fund, including comparisons of the Fund’s expected expense ratio with the expense ratios of comparable funds; and

 

   

the soft dollar practices of the Fund Adviser, if any.

At the Meeting and/or prior meetings, the Adviser made presentations to and responded to questions from the Board. During the Meeting and/or prior meetings, the Independent Board Members also met privately with their legal counsel to, among other things, review the Board’s duties under the 1940 Act, the general principles of state law in reviewing and approving advisory contracts, the standards used by courts in determining whether investment company boards of directors have fulfilled their duties, factors to be considered in voting on advisory contracts and an adviser’s fiduciary duty with respect to advisory agreements and compensation. It is with this background that the Independent Board Members considered the Advisory Agreements. As outlined in more detail below, the Independent Board Members considered all factors they believed relevant with respect to the Fund, including, among other things: (a) the nature, extent and quality of the services expected to be provided by the Fund Advisers;

 

66


 

(b) investment performance, as described below; (c) the advisory fees and costs of the services expected to be provided to the Fund and the profitability of the Fund Advisers; (d) the extent of any anticipated economies of scale; (e) any benefits expected to be derived by the Fund Advisers from their relationships with the Fund; and (f) other factors. Each Board Member may have accorded different weight to the various factors in reaching his or her conclusions with respect to the Fund’s Advisory Agreements.

 

A.   Nature, Extent and Quality of Services

The Independent Board Members considered the nature, extent and quality of the respective Fund Adviser’s services, including portfolio management services and administrative services. Given that the Adviser and the Sub-Adviser already serve as adviser and sub-adviser, respectively, to other Nuveen funds overseen by the Board Members, the Board has a good understanding of each such Fund Adviser’s organization, operations, personnel and services. As the Independent Board Members meet regularly throughout the year to oversee the Nuveen funds, including funds currently advised by the Fund Advisers, the Independent Board Members have relied upon their knowledge from their meetings and any other interactions throughout the year with the respective Fund Adviser in evaluating the Advisory Agreements.

At the Meeting and/or at prior meetings, the Independent Board Members reviewed materials outlining, among other things, the respective Fund Adviser’s organization and business; the types of services that such Fund Adviser or its affiliates provide to the Nuveen funds (as applicable) and are expected to provide to the Fund; and the experience of the respective Fund Adviser with applicable investment strategies. Further, at the Meeting and/or at prior meetings, the Independent Board Members have evaluated the background and experience of the relevant investment personnel.

With respect to services, the Board noted that the Fund would be a registered investment company that would operate in a regulated industry. In considering the services that were expected to be provided by the Fund Advisers, at the Meeting and/or at prior meetings, the Board has recognized the comprehensive set of management, oversight and administrative services the Adviser and its affiliates provide to manage and operate the Nuveen funds in a highly regulated industry. As illustrative, these services include, but are not limited to, product management; investment oversight, risk management and securities valuation services; fund accounting and administration services; board support and administration services; compliance and regulatory oversight services; legal support; and with respect to closed-end funds, leverage, capital and distribution management services. In addition to the services provided by the Adviser, the Board has also noted the business-related risks the Adviser incurs in managing the Nuveen funds, including entrepreneurial, legal and litigation risks.

The Independent Board Members noted that the Adviser would oversee the Sub-Adviser, which was generally expected to provide portfolio advisory services to the Fund. In addition, as indicated above, the Board Members recognized the Sub-Adviser’s relevant experience and expertise.

Based on their review, the Independent Board Members found that, overall, the nature, extent and quality of services expected to be provided to the Fund under each Advisory Agreement were satisfactory.

 

B.   Investment Performance

The Fund was new and, therefore, did not have its own performance history. The Independent Board Members noted, however, that the strategies of the contemplated Fund were similar to those of the Nuveen High Income Bond Fund (the “High Income Bond Fund”), a Nuveen open-end fund which had an inception date of August 30, 2001. In this regard, the Independent Board Members reviewed certain performance information relating to the High Income Bond Fund, including average annualized total returns for the year-to-date, one-year, three-year, five-year and ten-year periods as of March 31, 2018 and calendar year returns for 2008 through 2017.

 

C.   Fees, Expenses and Profitability
  1.   Fees and Expenses

In evaluating the management fees and expenses that the Fund was expected to bear, the Independent Board Members considered, among other things, the Fund’s proposed management fee structure, the rationale for its proposed fee levels, and its expected expense ratio in absolute terms as well as compared with the fees and expense ratios of comparable funds.

 

67


Annual Investment Management Agreement Approval Process (continued)

(Unaudited)

 

Accordingly, the Independent Board Members reviewed, among other things, the proposed advisory fee and estimated net total expense ratio for the Fund (based on both common assets and total managed assets), as well as comparative fee and expense data pertaining to the Fund’s peers in the Lipper category in which the Fund is expected to be classified. In considering the Fund’s advisory fees, the Board also noted the different components between the Fund’s investment strategies and those of the High Income Bond Fund, which contributed to the differences in fee rates between the funds. Further, the Independent Board Members considered the proposed sub-advisory fee rate for the Fund and noted that the Fund’s proposed management fee structure was in-line with that of certain other closed-end funds sub-advised by the Sub-Adviser.

The Independent Board Members recognized that assets attributable to the Fund’s use of leverage would be included in the amount of assets upon which the advisory fee is calculated. In this regard, the Independent Board Members noted that the advisory fee is based on a percentage of average daily “Managed Assets.” “Managed Assets” generally means the total assets of the Fund, minus the sum of its accrued liabilities (other than Fund liabilities incurred for the express purpose of creating leverage). “Total assets” for this purpose includes assets attributable to the Fund’s use of leverage. The Independent Board Members recognized that the fact that a decision to employ or increase the Fund’s leverage will have the effect, all other things being equal, of increasing Managed Assets (and, in turn, increasing the Adviser’s and the Sub-Adviser’s management fees), means that the Adviser may have a conflict of interest in determining whether to use or increase leverage. The Independent Board Members noted, however, that the Adviser would seek to manage that potential conflict by recommending to the Board to leverage the Fund (or increase such leverage) when it determines that such action would be in the best interests of the Fund and its common shareholders, and by periodically reviewing with the Board the Fund’s performance and the impact of the use of leverage on that performance.

The Independent Board Members considered the proposed management fee rate as a percentage of Managed Assets before any fund-level and complex-wide breakpoints. Based on their review of the fee and expense information provided, the Independent Board Members determined that the Fund’s management fees (as applicable) to a Fund Adviser were reasonable in light of the nature, extent and quality of services to be provided to the Fund.

 

  2.   Comparisons with the Fees of Other Clients

At the Meeting and/or at prior meetings, the Board has reviewed information regarding the fee rates that the Fund Advisers charge for certain other types of clients and the type of services provided to these other clients. With respect to the Adviser and/or the Sub-Adviser, such other clients may include: retail and institutional managed accounts; investment companies outside the Nuveen family; foreign investment companies offered by Nuveen; and collective investment trusts. The Board has further noted that the Adviser also advises certain exchange-traded funds (“ETFs”) sponsored by Nuveen.

In reviewing the fee rates assessed to other clients, the Board has previously reviewed, among other things, the range of fees assessed for managed accounts and foreign investment companies offered by Nuveen. The Board has also reviewed the fee range and average fee rate of certain selected investment strategies offered in retail and institutional managed accounts by the Sub-Adviser and of the non-Nuveen investment companies sub-advised by affiliated sub-advisers. In addition to the comparative fee data, the Board has also reviewed, among other things, a description of the different levels of services provided to other clients compared to the services provided to the Nuveen funds as well as the differences in portfolio investment policies, investor profiles, account sizes and regulatory requirements, all of which contribute to the variations in the fee schedules. With respect to ETFs, the Board has considered the differences in the passive management of Nuveen’s Nushares ETFs compared to the active management of other Nuveen funds which have also contributed to differing management fee levels compared to such other Nuveen funds. In general, the Board has noted that the higher fee levels reflect higher levels of services provided by Nuveen, increased investment management complexity, greater product management requirements and higher levels of business risk or some combination of these factors. The Board further considered that the Sub-Adviser’s fee would be essentially for portfolio management services. The Board concluded the varying levels of fees were justified given, among other things, the inherent differences in the products and the level of services provided to the Nuveen funds versus other clients, the differing regulatory requirements and legal liabilities and the entrepreneurial risks incurred in sponsoring and advising a registered investment company.

 

68


 

 

  3.   Profitability of Fund Advisers

In conjunction with their review of fees, at the Meeting and/or at prior meetings, the Independent Board Members have considered Nuveen’s level of profitability for its advisory services to the Nuveen funds for the calendar years 2017 and 2016. In considering profitability, the Independent Board Members have reviewed the level of profitability realized by Nuveen including and excluding any distribution expenses incurred by Nuveen from its own resources. The Independent Board Members have also reviewed a description of the expense allocation methodology employed to develop the financial information and a summary of the history of changes to the methodology over the years. For comparability purposes, the Board has recognized that a prior year’s profitability would be restated to reflect any refinements to the methodology. The Independent Board Members were aware of the inherent limitations in calculating profitability as the use of different reasonable allocation methodologies may lead to significantly different results and in reviewing profitability margins over extended periods given the refinements to the methodology over time. The Board has noted that two Independent Board Members, along with independent counsel, serve as the Board’s liaisons to review and discuss any proposed changes to the methodology prior to the full Board’s review.

Additionally, at the Meeting and/or at prior meetings, the Independent Board Members have evaluated, among other things, Nuveen’s adjusted operating margins, gross and net revenue margins (pre-tax and after-tax) for advisory activities for the Nuveen funds, and the revenues, expenses, and net income (pre-tax and after-tax and before distribution) of Nuveen for fund advisory services for each of the last two calendar years. The Independent Board Members have also reviewed an analysis of the key drivers behind the changes in revenues and expenses that impacted profitability in 2017 versus 2016. The Board has noted that Nuveen recently launched its ETF product line in 2016 and reviewed the revenues, expenses and operating margin from this product line.

In addition to reviewing Nuveen’s profitability in absolute terms, the Independent Board Members have also examined comparative profitability data reviewing, among other things, the revenues, expenses and adjusted total company margins of other advisory firms that had publicly available information and comparable assets under management (based on asset size and asset composition) for 2017 and as compared to their adjusted operating margins for 2016. The Independent Board Members, however, have recognized the difficulty in comparing the profitability of various fund managers given the limited public information available and the subjective nature of calculating profitability which may be affected by numerous factors including the fund manager’s organizational structure, types of funds, other lines of business, methodology used to allocate expenses and cost of capital. Nevertheless, considering such limitations and based on the information provided, the Board has noted that Nuveen’s adjusted operating margins appeared reasonable when compared to the adjusted margins of the peers.

Aside from Nuveen’s profitability, the Board has recognized that the Adviser is a subsidiary of Nuveen, LLC, the investment management arm of Teachers Insurance and Annuity Association of America (“TIAA”). As such, the Board has also reviewed a balance sheet for TIAA reflecting its assets, liabilities and capital and contingency reserves for the 2017 and 2016 calendar years to consider the financial strength of TIAA.

In addition, the Independent Board Members have reviewed the Sub-Adviser’s revenues, expenses and revenue margins (pre- and post-tax) for its advisory activities for the calendar year ended December 31, 2017. The Independent Board Members have also reviewed a profitability analysis reflecting the revenues, expenses and revenue margin (pre- and post-tax) by asset type for the Sub-Adviser for the calendar year ending December 31, 2017 and the pre- and post-tax revenue margin from 2017 and 2016.

In evaluating the reasonableness of the compensation, the Independent Board Members have also considered any other ancillary benefits derived by the respective Fund Adviser from its relationship with the Nuveen funds as discussed in further detail below.

Based on a consideration of all the information provided, the Board has noted that Nuveen’s and the Sub-Adviser’s level of profitability was acceptable and not unreasonable in light of the services provided.

 

69


Annual Investment Management Agreement Approval Process (continued)

(Unaudited)

 

 

D.   Economies of Scale and Whether Fee Levels Reflect These Economies of Scale

The Independent Board Members considered whether the Fund could be expected to benefit from any economies of scale. Although the Board has recognized that economies of scale are difficult to measure, the Independent Board Members have noted that there are several methods that may be used in seeking to share economies of scale, including through breakpoints in the management fee schedule reducing the fee rates as asset levels grow and the Adviser’s investment in its business, which can enhance the services provided to the Nuveen funds. With respect to breakpoint schedules, because the Board has previously recognized that economies of scale may occur not only when the assets of a particular fund grow, but also when the assets in the complex grow, the Nuveen funds generally pay the Adviser a management fee comprised of a fund-level component and a complex-level component, each with its own breakpoint schedule, subject to certain exceptions. In general terms, the breakpoint schedule at the fund level reduces fees as assets in the particular fund pass certain thresholds and the breakpoint schedule at the complex level reduces fees on certain funds as the eligible assets in the complex pass certain thresholds. Accordingly, the Independent Board Members reviewed and considered the proposed management fees for the Fund, taking into account that there would be fund-level breakpoints and that the complex-wide fee arrangement would apply. In this regard, however, given that the Fund is a closed-end fund, the Independent Board Members recognized that although closed-end funds (such as the Fund) may from time to time make additional share offerings, the growth of their assets would occur primarily through the appreciation of such funds’ investment portfolios. In addition, the Independent Board Members have recognized the Adviser’s continued reinvestment in its business through, among other things, improvements in technology, additional staffing, product innovations and other organizational changes designed to expand or enhance the services provided to the benefit of all of the Nuveen funds.

Based on their review, the Independent Board Members concluded that the proposed fee structure was acceptable and reflected economies of scale to be shared with the Fund’s shareholders when assets under management increase.

 

E.   Indirect Benefits

The Independent Board Members received and considered information at the Meeting and/or at prior meetings regarding other benefits that a Fund Adviser or its affiliates may receive as a result of their relationship with the Nuveen funds. With respect to closed-end funds, the Independent Board Members have recognized that an affiliate of the Adviser may receive revenues for serving as a co-manager in initial public offerings of new Nuveen closed-end funds and as the underwriter on shelf offerings of existing closed-end funds.

In addition to the above, the Independent Board Members have considered whether the Sub-Adviser uses commissions paid by the Nuveen funds on portfolio transactions to obtain research products and other services (“soft dollar transactions”). In this regard, the Board has recognized that the Sub-Adviser may benefit from research received from broker-dealers that execute fund portfolio transactions. The Board, however, has noted that the benefits for sub-advisers transacting in fixed-income securities may be more limited as such securities generally trade on a principal basis and therefore do not generate brokerage commissions. Further, the Board has noted that although the Sub-Adviser may benefit from the receipt of research and other services that it may otherwise have to pay for out of its own resources, the research may also benefit a Nuveen fund to the extent it enhances the ability of the Sub-Adviser to manage such fund or is acquired through the commissions paid on portfolio transactions of other funds or clients.

Based on their review, the Independent Board Members concluded that any indirect benefits expected to be received by a Fund Adviser as a result of its relationship with the Fund were reasonable and within acceptable parameters.

 

F.   Approval

The Independent Board Members did not identify any single factor discussed previously as all-important or controlling. The Board Members, including a majority of the Independent Board Members, concluded that the terms of the Investment Management Agreement and the Sub-Advisory Agreement were fair and reasonable, that the respective Fund Adviser’s fees were reasonable in light of the services to be provided to the Fund and that the Investment Management Agreement and Sub-Advisory Agreement should be and were approved on behalf of the Fund.

 

70


Board Members & Officers

(Unaudited)

 

The management of the Funds, including general supervision of the duties performed for the Funds by the Adviser, is the responsibility of the Board of Trustees of the Funds. The number of trustees of the Funds is set at ten. None of the trustees who are not “interested” persons of the Funds (referred to herein as “independent board members”) has ever been a director or employee of, or consultant to, Nuveen or its affiliates. The names and business addresses of the trustees and officers of the Funds, their principal occupations and other affiliations during the past five years, the number of portfolios each oversees and other directorships they hold are set forth below.

 

                     

Name,

Year of Birth

& Address

  

Position(s) Held

with the Funds

  

Year First

Elected or

Appointed

and Term(1)

  

Principal

Occupation(s)

Including other

Directorships

During Past 5 Years

  

Number

of Portfolios

in Fund Complex

Overseen by

Board Member

                     
Independent Board Members:          

  TERENCE J. TOTH

         Formerly, a Co-Founding Partner, Promus Capital (2008-2017); Director, Fulcrum IT Service LLC (since 2010) and Quality Control Corporation (since 2012); member: Catalyst Schools of Chicago Board (since 2008) and Mather Foundation Board (since 2012), and chair of its Investment Committee; formerly, Director, Legal & General Investment Management America, Inc. (2008-2013); formerly, CEO and President, Northern Trust Global Investments (2004-2007): Executive Vice President, Quantitative Management & Securities Lending (2000-2004); prior thereto, various positions with Northern Trust Company (since 1994); formerly, Member, Northern Trust Mutual Funds Board (2005-2007), Northern Trust Global Investments Board (2004-2007), Northern Trust Japan Board (2004-2007), Northern Trust Securities Inc. Board (2003-2007) and Northern Trust Hong Kong Board (1997-2004).   

1959

333 W. Wacker Drive

Chicago, IL 60606

   Chairman and Board Member   

2008 Class II

  

168

        

  JACK B. EVANS

         Chairman (since 2019), formerly, President (1996-2019), The Hall-Perrine Foundation, a private philanthropic corporation; Director and Chairman, United Fire Group, a publicly held company; Director, Public Member, American Board of Orthopaedic Surgery (since 2015); Life Trustee of Coe College and the Iowa College Foundation; formerly, President Pro-Tem of the Board of Regents for the State of Iowa University System; formerly, Director, Alliant Energy and The Gazette Company; formerly, Director, Federal Reserve Bank of Chicago; formerly, President and Chief Operating Officer, SCI Financial Group, Inc., a regional financial services firm.   

1948

333 W. Wacker Drive

Chicago, IL 60606

  

Board Member

  

1999 Class III

  

168

        

  WILLIAM C. HUNTER

         Dean Emeritus, formerly, Dean, Tippie College of Business, University of Iowa (2006-2012); Director of Wellmark, Inc. (since 2009); past Director (2005-2015), and past President (2010-2014) Beta Gamma Sigma, Inc., The International Business Honor Society; formerly, Director (2004-2018) of Xerox Corporation; Dean and Distinguished Professor of Finance, School of Business at the University of Connecticut (2003-2006); previously, Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago (1995-2003); formerly, Director (1997-2007), Credit Research Center at Georgetown University.   

1948

333 W. Wacker Drive

Chicago, IL 60606

  

Board Member

  

2003 Class I

  

168

        

  ALBIN F. MOSCHNER

         Founder and Chief Executive Officer, Northcroft Partners, LLC, a management consulting firm (since 2012); Chairman (since 2009), and Director (since 2012), USA Technologies, Inc., a provider of solutions and services to facilitate electronic payment transactions (since 2012); formerly, Director, Wintrust Financial Corporation (1996-2016); previously, held positions at Leap Wireless International, Inc., including Consultant (2011-2012), Chief Operating Officer (2008-2011), and Chief Marketing Officer (2004-2008); formerly, President, Verizon Card Services division of Verizon Communications, Inc. (2000-2003); formerly, President, One Point Services at One Point Communications (1999-2000); formerly, Vice Chairman of the Board, Diba, Incorporated (1996-1997); formerly, various executive positions and Chief Executive Officer of Zenith Electronics Corporation (1991-1996).   

1952

333 W. Wacker Drive

Chicago, IL 60606

  

Board Member

  

2016 Class III

  

168

        

 

71


Board Members & Officers (continued)

(Unaudited)

 

                     

Name,

Year of Birth

& Address

  

Position(s) Held

with the Funds

  

Year First

Elected or

Appointed

and Term(1)

  

Principal

Occupation(s)

Including other

Directorships

During Past 5 Years

  

Number

of Portfolios

in Fund Complex

Overseen by

Board Member

                     
Independent Board Members (continued):          

  JOHN K. NELSON

         Member of Board of Directors of Core12 LLC (since 2008), a private firm which develops branding, marketing and communications strategies for clients; serves on The President’s Council, Fordham University (since 2010); and previously was a Director of The Curran Center for Catholic American Studies (2009-2018) formerly, senior external advisor to the financial services practice of Deloitte Consulting LLP (2012-2014): formerly, Chairman of the Board of Trustees of Marian University (2010 as trustee, 2011-2014 as Chairman); formerly, Chief Executive Officer of ABN AMRO N.V. North America, and Global Head of its Financial Markets Division (2007-2008); prior senior positions held at ABN AMRO include Corporate Executive Vice President and Head of Global Markets-the Americas (2006-2007), CEO of Wholesale Banking North America and Global Head of Foreign Exchange and Futures Markets (2001-2006), and Regional Commercial Treasurer and Senior Vice President Trading-North America (1996-2001); formerly, Trustee at St. Edmund Preparatory School in New York City.   

1962

333 W. Wacker Drive

Chicago, IL 60606

  

Board Member

  

2013 Class II

  

168

        

  JUDITH M. STOCKDALE

         Board Member, Land Trust Alliance (since 2013) and U.S. Endowment for Forestry and Communities (since 2013); formerly, Executive Director (1994-2012), Gaylord and Dorothy Donnelley Foundation; prior thereto, Executive Director, Great Lakes Protection Fund (1990-1994).   

1947

333 W. Wacker Drive

Chicago, IL 60606

  

Board Member

  

1997 Class I

  

168

  CAROLE E. STONE

         Former Director, Chicago Board Options Exchange, Inc. (2006-2017); and C2 Options Exchange, Incorporated (2009-2017); Director, Cboe, L.C. Global Markets, Inc., formerly, CBOE Holdings, Inc. (since 2010); formerly, Commissioner, New York State Commission on Public Authority Reform (2005-2010).   

1947

333 W. Wacker Drive

Chicago, IL 60606

  

Board Member

  

2007 Class I

  

168

  MARGARET L. WOLFF

         Formerly, member of the Board of Directors (2013-2017) of Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company (each, a part of Travelers Canada, the Canadian operation of The Travelers Companies, Inc.); formerly, Of Counsel, Skadden, Arps, Slate, Meagher & Flom LLP (Mergers & Acquisitions Group) (2005-2014); Member of the Board of Trustees of New York-Presbyterian Hospital (since 2005); Member (since 2004) and Chair (since 2015) of the Board of Trustees of The John A. Hartford Foundation (a philanthropy dedicated to improving the care of older adults); formerly, Member (2005-2015) and Vice Chair (2011-2015) of the Board of Trustees of Mt. Holyoke College.   

1955

333 W. Wacker Drive

Chicago, IL 60606

  

Board Member

  

2016 Class I

  

168

        

  ROBERT L. YOUNG(2)

         Formerly, Chief Operating Officer and Director, J.P.Morgan Investment Management Inc. (2010-2016); formerly, President and Principal Executive Officer (2013-2016), and Senior Vice President and Chief Operating Officer (2005-2010), of J.P.Morgan Funds; formerly, Director and various officer positions for J.P.Morgan Investment Management Inc. (formerly, JPMorgan Funds Management, Inc. and formerly, One Group Administrative Services) and JPMorgan Distribution Services, Inc. (formerly, One Group Dealer Services, Inc.) (1999-2017).   

1963

333 W. Wacker Drive

Chicago, IL 60606

  

Board Member

  

2017 Class II

  

166

        

 

72


                     

Name,

Year of Birth

& Address

  

Position(s) Held

with the Funds

  

Year First

Elected or

Appointed

and Term(1)

  

Principal

Occupation(s)

Including other

Directorships

During Past 5 Years

  

Number

of Portfolios

in Fund Complex

Overseen by

Board Member

                     
Interested Board Member:          

  MARGO L. COOK(3)

        

President (since 2017), formerly, Co-Chief Executive Officer and Co-President (2016-2017), formerly, Senior Executive Vice President of Nuveen Investments, Inc.; President, Global Products and Solutions (since 2017), and, Co-Chief Executive Officer (since 2015), formerly, Executive Vice President (2013-2015), of Nuveen Securities, LLC; Executive Vice President (since 2017) of Nuveen, LLC; President (since August 2017), formerly Co-President (2016- 2017), formerly, Senior Executive Vice President of Nuveen Fund Advisors, LLC (Executive Vice President since 2011); President (since 2017), Nuveen Alternative Investments, LLC; Chartered Financial Analyst.

 

  

1964

333 W. Wacker Drive

Chicago, IL 60606

  

Board Member

  

2016 Class III

  

168

        
                     

Name,

Year of Birth

& Address

   Position(s) Held
with the Funds
   Year First
Elected or
Appointed(4)
  

Principal

Occupation(s)

During Past 5 Years

   Number
of Portfolios
in Fund Complex
Overseen by
Officer
                     
Officers of the Funds:          

  CEDRIC H. ANTOSIEWICZ

   Senior Managing Director (since 2017), formerly, Managing Director (2004-2017) of Nuveen Securities, LLC; Senior Managing Director (since 2017), formerly, Managing Director (2014-2017) of Nuveen Fund Advisors, LLC.   

1962

333 W. Wacker Drive

Chicago, IL 60606

   Chief Administrative Officer   

2007

  

74

  STEPHEN D. FOY

         Managing Director (since 2014), formerly, Senior Vice President (2013- 2014) and Vice President (2005-2013) of Nuveen Fund Advisors, LLC; Managing Director (since 2016) of Nuveen Securities, LLC Managing Director (since 2016) of Nuveen Alternative Investments, LLC; Certified Public Accountant.   

1954

333 W. Wacker Drive

Chicago, IL 60606

   Vice President and Controller   

1998

  

168

        

  NATHANIEL T. JONES

         Managing Director (since 2017), formerly, Senior Vice President (2016- 2017), formerly, Vice President (2011-2016) of Nuveen; Managing Director of Nuveen Fund Advisors, LLC; Chartered Financial Analyst.   

1979

333 W. Wacker Drive

Chicago, IL 60606

   Vice President and Treasurer   

2016

  

168

  WALTER M. KELLY

         Managing Director (since 2017), formerly, Senior Vice President (2008-2017) of Nuveen.   

1970

333 W. Wacker Drive

Chicago, IL 60606

   Chief Compliance Officer and Vice President   

2003

  

168

  DAVID J. LAMB

         Managing Director (since 2017), formerly, Senior Vice President of Nuveen (since 2006), Vice President prior to 2006.   

1963

333 W. Wacker Drive

Chicago, IL 60606

  

Vice President

  

2015

  

74

  TINA M. LAZAR

         Managing Director (since 2017), formerly, Senior Vice President (2014-2017) of Nuveen Securities, LLC.   

1961

333 W. Wacker Drive

Chicago, IL 60606

  

Vice President

  

2002

  

168

 

73


Board Members & Officers (continued)

(Unaudited)

 

                     

Name,

Year of Birth

& Address

   Position(s) Held
with the Funds
   Year First
Elected or
Appointed(4)
  

Principal

Occupation(s)

During Past 5 Years

   Number
of Portfolios
in Fund Complex
Overseen by
Officer
                     
Officers of the Funds (continued):          

  KEVIN J. MCCARTHY

         Senior Managing Director (since 2017) and Secretary and General Counsel (since 2016) of Nuveen Investments, Inc., formerly, Executive Vice President (2016-2017) and Managing Director and Assistant Secretary (2008-2016); Senior Managing Director (since 2017) and Assistant Secretary (since 2008) of Nuveen Securities, LLC, formerly Executive Vice President (2016-2017) and Managing Director (2008-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC, formerly, Executive Vice President (2016-2017), Managing Director (2008-2016) and Assistant Secretary (2007-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Associate General Counsel (since 2011) of Nuveen Asset Management, LLC, formerly Executive Vice President (2016-2017) and Managing Director and Assistant Secretary (2011-2016); Senior Managing Director (since 2017) and Secretary (since 2016) of Nuveen Investments Advisers, LLC, formerly Executive Vice President (2016-2017); Vice President (since 2007) and Secretary (since 2016), formerly, Assistant Secretary, of NWQ Investment Management Company, LLC, Symphony Asset Management LLC, Santa Barbara Asset Management, LLC and Winslow Capital Management, LLC (since 2010). Senior Managing Director (since 2017) and Secretary (since 2016) of Nuveen Alternative Investments, LLC.   

1966

333 W. Wacker Drive

Chicago, IL 60606

   Vice President and Assistant Secretary   

2007

  

168

        

  WILLIAM T. MEYERS

         Senior Managing Director (since 2017), formerly, Managing Director (2016-2017), Senior Vice President (2010-2016) of Nuveen Securities, LLC; and Nuveen Fund Advisors, LLC; Senior Managing Director (since 2017), formerly, Managing Director (2016-2017), Senior Vice President (2010-2016) of Nuveen, has held various positions with Nuveen since 1991.   

1966

333 W. Wacker Drive

Chicago, IL 60606

  

Vice President

  

2018

  

74

        

  MICHAEL A. PERRY

         Executive Vice President (since 2017), previously Managing Director from 2016), of Nuveen Fund Advisors, LLC and Nuveen Alternative Investments, LLC; Executive Vice President (since 2017), formerly, Managing Director (2015-2017), of Nuveen Securities, LLC; formerly, Managing Director (2010-2015) of UBS Securities, LLC.   

1967

333 W. Wacker Drive

Chicago, IL 60606

  

Vice President

  

2017

  

74

          

  CHRISTOPHER M. ROHRBACHER

         Managing Director (since 2017) and Assistant Secretary of Nuveen Securities, LLC; Managing Director (since 2017), formerly, Senior Vice President (2016-2017) and Assistant Secretary (since 2016) of Nuveen Fund Advisors, LLC.   

1971

333 W. Wacker Drive

Chicago, IL 60606

   Vice President and Assistant Secretary   

2008

  

168

  WILLIAM A. SIFFERMANN

         Managing Director (since 2017), formerly Senior Vice President (2016-2017) and Vice President (2011-2016) of Nuveen.   

1975

333 W. Wacker Drive

Chicago, IL 60606

  

Vice President

  

2017

  

168

  JOEL T. SLAGER

         Fund Tax Director for Nuveen Funds (since 2013); previously, Vice President of Morgan Stanley Investment Management, Inc., Assistant Treasurer of the Morgan Stanley Funds (from 2010 to 2013).   

1978

333 W. Wacker Drive

Chicago, IL 60606

   Vice President and Assistant Secretary   

2013

  

168

  MARK L. WINGET

         Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2008); Vice President (since 2010) and Associate General Counsel (since 2008) of Nuveen.   

1968

333 W. Wacker Drive

Chicago, IL 60606

   Vice President and Assistant Secretary   

2008

  

168

 

74


                     

Name,

Year of Birth

& Address

   Position(s) Held
with the Funds
   Year First
Elected or
Appointed(4)
  

Principal

Occupation(s)

During Past 5 Years

   Number
of Portfolios
in Fund Complex
Overseen by
Officer
                     
Officers of the Funds (continued):          

  GIFFORD R. ZIMMERMAN

         Managing Director (since 2002), and Assistant Secretary of Nuveen Securities, LLC; Managing Director (since 2004) and Assistant Secretary (since 1994) of Nuveen Investments, Inc.; Managing Director (since 2002), Assistant Secretary (since 1997) and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC; Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset Management, LLC (since 2011); Vice President (since 2017), formerly, Managing Director (2003-2017) and Assistant Secretary (since 2003) of Symphony Asset Management LLC; Managing Director and Assistant Secretary (since 2002) of Nuveen Investments Advisers, LLC; Vice President and Assistant Secretary of NWQ Investment Management Company, LLC (since 2002), Santa Barbara Asset Management, LLC (since 2006), and of Winslow Capital Management, LLC, (since 2010); Chartered Financial Analyst.   

1956

333 W. Wacker Drive

Chicago, IL 60606

   Vice President Secretary   

1988

  

168

        

 

(1)

The Board of Trustees is divided into three classes, Class I, Class II, and Class III, with each being elected to serve until the third succeeding annual shareholders’ meeting subsequent to its election or thereafter in each case when its respective successors are duly elected or appointed, except two board members are elected by the holders of Preferred Shares, when applicable, to serve until the next annual shareholders’ meeting subsequent to its election or thereafter in each case when its respective successors are duly elected or appointed. The year first elected or appointed represents the year in which the board member was first elected or appointed to any fund in the Nuveen Complex.

(2)

On May 25, 2017, Mr. Young was appointed as a Board Member, effective July 1, 2017. He is a Board Member of each of the Nuveen Funds, except Nuveen Diversified Dividend and Income Fund and Nuveen Real Estate Income Fund.

(3)

“Interested person” as defined in the 1940 Act, by reason of her position with Nuveen, LLC. and certain of its subsidiaries, which are affiliates of the Nuveen Funds.

(4)

Officers serve one year terms through August of each year. The year first elected or appointed represents the year in which the Officer was first elected or appointed to any fund in the Nuveen Complex.

 

75


LOGO

 

Nuveen:

Serving Investors for Generations

Since 1898, financial advisors and their clients have relied on Nuveen to provide
dependable investment solutions through continued adherence to proven, long-term investing
principles. Today, we offer a range of high quality solutions designed to
be integral components of a well-diversified core portfolio.

Focused on meeting investor needs.

Nuveen is the investment manager of TIAA. We have grown into one of the world’s premier global asset managers, with specialist knowledge across all major asset classes and particular strength in solutions that provide income for investors and that draw on our expertise in alternatives and responsible investing. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources that a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create solutions which help them secure their financial future.

Find out how we can help you.

To learn more about how the products and services of Nuveen may be able to help you meet your financial goals, talk to your financial advisor, or call us at (800) 257-8787. Please read the information provided carefully before you invest. Investors should consider the investment objective and policies, risk considerations, charges and expenses of any investment carefully.

Learn more about Nuveen Funds at: www.nuveen.com/closed-end-funds

 

Nuveen Securities, LLC, member FINRA and SIPC  |  333 West Wacker Drive Chicago, IL 60606  |  www.nuveen.com   LOGO   EAN-J-1218D
        741762-INV-Y-02/19


ITEM 2. CODE OF ETHICS.

As of the end of the period covered by this report, the registrant has adopted a code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions. There were no amendments to or waivers from the Code during the period covered by this report. The registrant has posted the code of ethics on its website at www.nuveen.com/CEF/Shareholder/FundGovernance.aspx. (To view the code, click on Code of Conduct.)

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

As of the end of the period covered by this report, the registrant’s Board of Directors or Trustees (“Board”) determined that the registrant has at least one “audit committee financial expert” (as defined in Item 3 of Form N-CSR) serving on its Audit Committee. The registrant’s audit committee financial experts are Carole E. Stone, Jack B. Evans and William C. Hunter who are “independent” for purposes of Item 3 of Form N-CSR.

Ms. Stone served for five years as Director of the New York State Division of the Budget. As part of her role as Director, Ms. Stone was actively involved in overseeing the development of the State’s operating, local assistance and capital budgets, its financial plan and related documents; overseeing the development of the State’s bond-related disclosure documents and certifying that they fairly presented the State’s financial position; reviewing audits of various State and local agencies and programs; and coordinating the State’s system of internal audit and control. Prior to serving as Director, Ms. Stone worked as a budget analyst/examiner with increasing levels of responsibility over a 30 year period, including approximately five years as Deputy Budget Director. Ms. Stone has also served as Chair of the New York State Racing Association Oversight Board, as Chair of the Public Authorities Control Board, as a Commissioner on the New York State Commission on Public Authority Reform and as a member of the Boards of Directors of several New York State public authorities. These positions have involved overseeing operations and finances of certain entities and assessing the adequacy of project/entity financing and financial reporting. Currently, Ms. Stone is on the Board of Directors of CBOE Holdings, Inc., of the Chicago Board Options Exchange, and of C2 Options Exchange. Ms. Stone’s position on the boards of these entities and as a member of both CBOE Holdings’ Audit Committee and its Finance Committee has involved, among other things, the oversight of audits, audit plans and preparation of financial statements.

Mr. Evans was formerly President and Chief Operating Officer of SCI Financial Group, Inc., a full service registered broker-dealer and registered investment adviser (“SCI”). As part of his role as President and Chief Operating Officer, Mr. Evans actively supervised the Chief Financial Officer (the “CFO”) and actively supervised the CFO’s preparation of financial statements and other filings with various regulatory authorities. In such capacity, Mr. Evans was actively involved in the preparation of SCI’s financial statements and the resolution of issues raised in connection therewith. Mr. Evans has also served on the audit committee of various reporting companies. At such companies, Mr. Evans was involved in the oversight of audits, audit plans, and the preparation of financial statements. Mr. Evans also formerly chaired the audit committee of the Federal Reserve Bank of Chicago.

Mr. Hunter was formerly a Senior Vice President at the Federal Reserve Bank of Chicago. As part of his role as Senior Vice President, Mr. Hunter was the senior officer responsible for all operations of each of the Economic Research, Statistics, and Community and Consumer Affairs units at the Federal Reserve Bank of Chicago. In such capacity, Mr. Hunter oversaw the subunits of the Statistics and Community and Consumer Affairs divisions responsible for the analysis and evaluation of bank and bank holding company financial statements and financial filings. Prior to serving as Senior Vice President at the Federal Reserve Bank of Chicago, Mr. Hunter was the Vice President of the Financial Markets unit at the Federal Reserve Bank of Atlanta where he supervised financial staff and bank holding company analysts who analyzed and evaluated bank and bank holding company financial statements. Mr. Hunter also currently serves on the Boards of Directors of Xerox Corporation and Wellmark, Inc. as well as on the Audit Committees of such Boards. As an Audit Committee member, Mr. Hunter’s responsibilities include, among other things, reviewing financial statements, internal audits and internal controls over financial reporting. Mr. Hunter also formerly was a Professor of Finance at the University of Connecticut School of Business and has authored numerous scholarly articles on the topics of finance, accounting and economics.

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

The following tables show the amount of fees that KPMG LLP, the Fund’s auditor, billed to the Funds’ during the Funds’ last two full fiscal years. The Audit Committee approved in advance all audit services and non-audit services that KPMG LLP provided to the Funds, except for those non-audit services that were subject to the pre-approval exception under Rule 2.01 of Regulation S-X (the “pre-approval exception”). The preapproval exception for services provided directly to the Funds waives the pre-approval requirement for services other than audit, review or attest services if: (A) the aggregate amount of all such services provided constitutes no more than 5% of the total amount of revenues paid by the Funds during the fiscal year in which the services are provided; (B) the Funds did not recognize the services as non-audit services at the time of the engagement; and (C) the services are promptly brought to the Audit Committee’s attention, and the Committee (or its delegate) approves the services before the audit is completed.

The Audit Committee has delegated certain pre-approval responsibilities to its Chairman (or, in his absence, any other member of the Audit Committee).

SERVICES THAT THE FUND’S AUDITOR BILLED TO THE FUND

 

Fiscal Year Ended

  Audit Fees Billed 
to Fund 1
    Audit-Related Fees
Billed to Fund 2
    Tax Fees
Billed to Fund 3
    All Other Fees
Billed to Fund 4
 

December 31, 2018

  $ 32,270     $ 0     $ 0     $ 0  
 

 

 

   

 

 

   

 

 

   

 

 

 

    

       

Percentage approved pursuant to pre-approval exception

    0     0     0     0
 

 

 

   

 

 

   

 

 

   

 

 

 

    

       

December 31, 2017

  $ 31,400     $ 0     $ 0     $ 0  
 

 

 

   

 

 

   

 

 

   

 

 

 

    

       

Percentage approved pursuant to pre-approval exception

    0     0     0     0
 

 

 

   

 

 

   

 

 

   

 

 

 

 

1 “Audit Fees” are the aggregate fees billed for professional services for the audit of the Fund’s annual financial statements and services provided in connection with statutory and regulatory filings or engagements.

2 “Audit Related Fees” are the aggregate fees billed for assurance and related services reasonably related to the performance of the audit or review of financial statements that are not reported under “Audit Fees”. These fees include offerings related to the Fund’s common shares and leverage.

3 “Tax Fees” are the aggregate fees billed for professional services for tax advice, tax compliance, and tax planning. These fees include: all global withholding tax services; excise and state tax reviews; capital gain, tax equalization and taxable basis calculation performed by the principal accountant.

4 “All Other Fees” are the aggregate fees billed for products and services other than “Audit Fees”, “Audit-Related Fees” and “Tax Fees”. These fees represent all “Agreed-Upon Procedures” engagements pertaining to the Fund’s use of leverage.

SERVICES THAT THE FUND’S AUDITOR BILLED TO THE

ADVISER AND AFFILIATED FUND SERVICE PROVIDERS

The following tables show the amount of fees billed by KPMG LLP to Nuveen Fund Advisors, LLC (formerly Nuveen Fund Advisors, Inc.) (the “Adviser”), and any entity controlling, controlled by or under common control with the Adviser that provides ongoing services to the Fund (“Affiliated Fund Service Provider”), for engagements directly related to the Fund’s operations and financial reporting, during the Fund’s last two full fiscal years.


The tables also show the percentage of fees subject to the pre-approval exception. The pre-approval exception for services provided to the Adviser and any Affiliated Fund Service Provider (other than audit, review or attest services) waives the pre-approval requirement if: (A) the aggregate amount of all such services provided constitutes no more than 5% of the total amount of revenues paid to KPMG LLP by the Fund, the Adviser and Affiliated Fund Service Providers during the fiscal year in which the services are provided that would have to be pre-approved by the Audit Committee; (B) the Fund did not recognize the services as non-audit services at the time of the engagement; and (C) the services are promptly brought to the Audit Committee’s attention, and the Committee (or its delegate) approves the services before the Fund’s audit is completed.

 

Fiscal Year Ended

  Audit-Related Fees
    Billed to Adviser and    
Affiliated Fund Service
Providers
        Tax Fees Billed to    
Adviser and

Affiliated Fund
Service Providers
    All Other Fees
Billed to Adviser
    and Affiliated Fund    
Service Providers
 

December 31, 2018

  $ 0     $ 0     $ 0  
 

 

 

   

 

 

   

 

 

 

    

     

Percentage approved pursuant to pre-approval exception

    0     0     0
 

 

 

   

 

 

   

 

 

 

    

     

December 31, 2017

  $ 0     $ 0     $ 0  
 

 

 

   

 

 

   

 

 

 

    

     

Percentage approved pursuant to pre-approval exception

    0     0     0
 

 

 

   

 

 

   

 

 

 


NON-AUDIT SERVICES

The following table shows the amount of fees that KPMG LLP billed during the Fund’s last two full fiscal years for non-audit services. The Audit Committee is required to pre-approve non-audit services that KPMG LLP provides to the Adviser and any Affiliated Fund Services Provider, if the engagement related directly to the Fund’s operations and financial reporting (except for those subject to the pre-approval exception described above). The Audit Committee requested and received information from KPMG LLP about any non-audit services that KPMG LLP rendered during the Fund’s last fiscal year to the Adviser and any Affiliated Fund Service Provider. The Committee considered this information in evaluating KPMG LLP’s independence.

 

Fiscal Year Ended

      Total Non-Audit Fees    
Billed to Fund
    Total Non-Audit Fees
billed to Adviser and
Affiliated Fund Service
    Providers (engagements    
related directly to the
operations and financial
reporting of the Fund)
    Total Non-Audit Fees
billed to Adviser and
    Affiliated Fund Service    
Providers (all other
engagements)
            Total          

December 31, 2018

  $ 0     $ 0     $ 0     $ 0  

December 31, 2017

  $ 0     $ 0     $ 0     $ 0  

“Non-Audit Fees billed to Fund” for both fiscal year ends represent “Tax Fees” and “All Other Fees” billed to Fund in their respective amounts from the previous table.

Less than 50 percent of the hours expended on the principal accountant’s engagement to audit the registrant’s financial statements for the most recent fiscal year were attributed to work performed by persons other than the principal accountant’s full-time, permanent employees.

Audit Committee Pre-Approval Policies and Procedures. Generally, the Audit Committee must approve (i) all non-audit services to be performed for the Fund by the Fund’s independent accountants and (ii) all audit and non-audit services to be performed by the Fund’s independent accountants for the Affiliated Fund Service Providers with respect to operations and financial reporting of the Fund. Regarding tax and research projects conducted by the independent accountants for the Fund and Affiliated Fund Service Providers (with respect to operations and financial reports of the Fund) such engagements will be (i) pre-approved by the Audit Committee if they are expected to be for amounts greater than $10,000; (ii) reported to the Audit Committee chairman for his verbal approval prior to engagement if they are expected to be for amounts under $10,000 but greater than $5,000; and (iii) reported to the Audit Committee at the next Audit Committee meeting if they are expected to be for an amount under $5,000.

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

The registrant’s Board has a separately designated Audit Committee established in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended (15 U.S.C. 78c(a)(58)(A)). As of the end of the period covered by this report, the members of the audit committee are Jack B. Evans, William C. Hunter, John K. Nelson, Carole E. Stone and Terence J. Toth.

ITEM 6. SCHEDULE OF INVESTMENTS.

(a) See Portfolio of Investments in Item 1.

(b) Not applicable.


ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Nuveen Fund Advisors, LLC is the registrant’s investment adviser (also referred to as the “Adviser”). The Adviser is responsible for the on-going monitoring of the Fund’s investment portfolio, managing the Fund’s business affairs and providing certain clerical, bookkeeping and administrative services. The Adviser has engaged Nuveen Asset Management, LLC (“Sub-Adviser”) as Sub-Adviser to provide discretionary investment advisory services. As part of these services, the Adviser has delegated to the Sub-Adviser the full responsibility for proxy voting on securities held in the registrant’s portfolio and related duties in accordance with the Sub-Adviser’s policies and procedures. The Adviser periodically monitors the Sub-Adviser’s voting to ensure that it is carrying out its duties. The Sub-Adviser’s proxy voting policies and procedures are attached to this filing as an exhibit and incorporated herein by reference.


ITEM 8. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Nuveen Fund Advisors, LLC is the registrant’s investment adviser (also referred to as the “Adviser”). The Adviser is responsible for the selection and on-going monitoring of the Fund’s investment portfolio, managing the Fund’s business affairs and providing certain clerical, bookkeeping and administrative services. The Adviser has engaged Nuveen Asset Management, LLC (“Nuveen Asset Management” or “Sub-Adviser”) as Sub-Adviser to provide discretionary investment advisory services. The following section provides information on the portfolio manager at the Sub-Adviser:

Item 8(a)(1). PORTFOLIO MANAGER BIOGRAPHIES

As of the date of filing this report, the following individuals at the Sub-Adviser (the “Portfolio Managers”) have primary responsibility for the day-to-day implementation of the Fund’s investment strategy:

Timothy Palmer, CFA - Managing Director, Portfolio Manager, Taxable Fixed Income. Mr. Palmer is a senior fixed income portfolio manager and a member of the leveraged finance team. He is lead manager for the Nuveen Strategic Income Fund and manages core plus bond portfolios. He also is a portfolio manager responsible for high yield closed end funds. He previously co-led the taxable fixed income credit oversight process and was the head of the global interest rates and the emerging markets sector teams and a member of the fixed income strategy committee.

He began working in the financial industry in 1986 and became a portfolio manager in 1990. Before joining the firm in 2003, he was a senior fixed income portfolio manager with American Express Financial Advisors (now Columbia Management). Prior to that, he served as CEO and managing principal of Atlas Capital Management, and he was a senior fixed-income portfolio manager for Investment Advisors, Inc.

Michael Ainge, CFA, is a managing director and oversees the leveraged finance research for TIAA Investments. Michael is responsible for managing the organization’s global public fixed income leveraged finance credit research analysts. Additionally, he is responsible for covering the chemical, energy and utility sectors.

Previously, Michael served as co-head of structured product research. Prior to joining the leveraged finance team in 2000, he covered lease backed private placement securities and investment grade public corporate bonds in the consumer and industrial services, and aerospace and defense sectors. Michael joined TIAA Investments in 1998. He also worked at JP Morgan Investment Management and Segal Advisors as a performance analyst.

Anders Persson, CFA, is head of fixed income portfolio management and is responsible for managing Nuveen’s global fixed income portfolio managers. Anders is also a portfolio manager responsible for managing the organization’s leveraged loan portfolios and CLO platform. Prior to his current role, he was head of fixed income research and a senior research analyst for the leveraged finance team. Prior to joining Nuveen/TIAA, he was a founding member of the team that established SG Cowen’s European high yield effort in London and later worked to establish the high yield research effort within Schroders Investment. He has also worked as a sell-side high yield research analyst at Wells Fargo (formerly First Union).


Item 8(a)(2). OTHER ACCOUNTS MANAGED BY PORTFOLIO MANAGERS

In addition to the Fund, as of December 31, 2018, the portfolio managers are also primarily responsible for the day-to-day portfolio management of the following accounts:

 

    

(ii) Number of Other Accounts Managed

and Assets by Account Type*

    

(iii) Number of Other Accounts and

Assets for Which Advisory Fee is

Performance-Based

 

(i) Name of Portfolio Manager

   Other
Registered
Investment
Companies
     Other Pooled
Investment
Vehicles
     Other
Accounts
     Other
Registered
Investment

Companies
     Other
Pooled

Investment
Vehicles
     Other
Accounts
 

Timothy Palmer

     6      $ 2.49 billion        1      $ 31 million      10      $ 769 million        0        0        0        0        0        0  

Michael Ainge

     4      $ 1.255 billion        0      $ 0        0      $ 0        0        0        0        0        0        0  

Anders Persson

     4      $ 1.55 billion        0      $ 0        0      $ 0        0        0        0        0        0        0  

 

*

Assets are as of December 31, 2018.

POTENTIAL MATERIAL CONFLICTS OF INTEREST

Actual or apparent conflicts of interest may arise when a portfolio manager has day-to-day management responsibilities with respect to more than one account. More specifically, portfolio managers who manage multiple accounts are presented a number of potential conflicts, including, among others, those discussed below.

The management of multiple accounts may result in a portfolio manager devoting unequal time and attention to the management of each account. Nuveen Asset Management seeks to manage such competing interests for the time and attention of portfolio managers by having portfolio managers focus on a particular investment discipline. Most accounts managed by a portfolio manager in a particular investment strategy are managed using the same investment models.

If a portfolio manager identifies a limited investment opportunity which may be suitable for more than one account, an account may not be able to take full advantage of that opportunity due to an allocation of filled purchase or sale orders across all eligible accounts. To deal with these situations, Nuveen Asset Management has adopted procedures for allocating limited opportunities across multiple accounts.

With respect to many of its clients’ accounts, Nuveen Asset Management determines which broker to use to execute transaction orders, consistent with its duty to seek best execution of the transaction. However, with respect to certain other accounts, Nuveen Asset Management may be limited by the client with respect to the selection of brokers or may be instructed to direct trades through a particular broker. In these cases, Nuveen Asset Management may place separate, non-simultaneous, transactions for a Fund and other accounts which may temporarily affect the market price of the security or the execution of the transaction, or both, to the detriment of the Fund or the other accounts.

Some clients are subject to different regulations. As a consequence of this difference in regulatory requirements, some clients may not be permitted to engage in all the investment techniques or transactions or to engage in these transactions to the same extent as the other


accounts managed by the portfolio manager. Finally, the appearance of a conflict of interest may arise where Nuveen Asset Management has an incentive, such as a performance-based management fee, which relates to the management of some accounts, with respect to which a portfolio manager has day-to-day management responsibilities.

Nuveen Asset Management has adopted certain compliance procedures which are designed to address these types of conflicts common among investment managers. However, there is no guarantee that such procedures will detect each and every situation in which a conflict arises.

Item 8(a)(3). FUND MANAGER COMPENSATION

As of the most recently completed fiscal year end, the primary portfolio managers compensation is as follows:

Portfolio manager compensation consists primarily of base pay, an annual cash bonus and long term incentive payments.

Base pay. Base pay is determined based upon an analysis of the portfolio manager’s general performance, experience, and market levels of base pay for such position.

Annual cash bonus. The Fund’s portfolio managers are eligible for an annual cash bonus based on investment performance, qualitative evaluation and financial performance of Nuveen Asset Management.

A portion of each portfolio manager’s annual cash bonus is based on the Fund’s pre-tax investment performance, generally measured over the past one- and three or five-year periods unless the portfolio manager’s tenure is shorter. Investment performance for the Fund generally is determined by evaluating the Fund’s performance relative to its benchmark(s) and/or Lipper industry peer group.

A portion of the cash bonus is based on a qualitative evaluation made by each portfolio manager’s supervisor taking into consideration a number of factors, including the portfolio manager’s team collaboration, expense management, support of personnel responsible for asset growth, and his or her compliance with Nuveen Asset Management‘s policies and procedures.

The final factor influencing a portfolio manager’s cash bonus is the financial performance of Nuveen Asset Management based on its operating earnings.

Long-term incentive compensation. Certain key employees of Nuveen Asset Management, including certain portfolio managers, have received profits interests in Nuveen Asset Management which entitle their holders to participate in the firm’s growth over time.

There are generally no differences between the methods used to determine compensation with respect to the Fund and the Other Accounts shown in the table above.


Item 8(a)(4).

OWNERSHIP OF JHD SECURITIES AS OF DECEMBER 31, 2018

 

Name of Portfolio

Manager

   None      $1 -
$10,000
           $10,001-      
$50,000
           $50,001-      
$100,000
     $100,001-
$500,000
     $500,001-
$1,000,000
     Over
$1,000,000
 

Timothy Palmer

     X                    

Michael Ainge

     X                    

Anders Persson

     X                    


ITEM 9. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

Not applicable.

ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s Board implemented after the registrant last provided disclosure in response to this Item.

ITEM 11. CONTROLS AND PROCEDURES.

 

  (a)

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15 (b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (17 CFR 240.13a-15(b) or 240.15d-15 (b)).

 

  (b)

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

ITEM 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.


ITEM 13. EXHIBITS.

File the exhibits listed below as part of this Form.

(a)(1) Any code of ethics, or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy the Item 2 requirements through filing of an exhibit: Not applicable because the code is posted on registrant’s website at www.nuveen.com/CEF/Shareholder/FundGovernance.aspx and there were no amendments during the period covered by this report. (To view the code, click on Code of Conduct.)

(a)(2) A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)) in the exact form set forth below: Ex-99.CERT Attached hereto.

(a)(3) Any written solicitation to purchase securities under Rule 23c-1 under the 1940 Act (17 CFR 270.23c-1) sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons. Not applicable.

(a)(4) Change in registrant’s independent public accountant. Not applicable.

(b) If the report is filed under Section 13(a) or 15(d) of the Exchange Act, provide the certifications required by Rule 30a-2(b) under the 1940 Act (17 CFR 270.30a-2(b)); Rule 13a-14(b) or Rule 15d-14(b) under the Exchange Act (17 CFR 240.13a-14(b) or 240.15d-14(b)), and Section 1350 of Chapter 63 of Title 18 of the United States Code (18 U.S.C. 1350) as an exhibit. A certification furnished pursuant to this paragraph will not be deemed “filed” for purposes of Section 18 of the Exchange Act (15 U.S.C. 78r), or otherwise subject to the liability of that section. Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference. Ex-99.906 CERT attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Nuveen High Income December 2019 Target Term Fund

 

By (Signature and Title)   

/s/ Gifford R. Zimmerman

  
   Gifford R. Zimmerman   
   Vice President and Secretary   
Date: March 8, 2019   

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By (Signature and Title)   

/s/ Cedric H. Antosiewicz

  
   Cedric H. Antosiewicz   
   Chief Administrative Officer   
   (principal executive officer)   
Date: March 8, 2019   
By (Signature and Title)   

/s/ Stephen D. Foy

  
   Stephen D. Foy   
   Vice President and Controller   
   (principal financial officer)   
Date: March 8, 2019   
EX-99.CERT 2 d640512dex99cert.htm CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT Certification Pursuant to Section 302 of the Sarbanes-Oxley Act

Exhibit 99.CERT

CERTIFICATION

I, Cedric H. Antosiewicz, certify that:

1. I have reviewed this report on Form N-CSR of Nuveen High Income December 2019 Target Term Fund;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  (a)

designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b)

designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c)

evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

  (d)

disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a)

all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

  (b)

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: March 8, 2019      

/s/ Cedric H. Antosiewicz

      Cedric H. Antosiewicz
      Chief Administrative Officer
      (principal executive officer)


CERTIFICATION

I, Stephen D. Foy, certify that:

1. I have reviewed this report on Form N-CSR of Nuveen High Income December 2019 Target Term Fund;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  (a)

designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b)

designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c)

evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

  (d)

disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a)

all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

  (b)

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: March 8, 2019      

/s/ Stephen D. Foy

      Stephen D. Foy
      Vice President and Controller
      (principal financial officer)
EX-99.906CERT 3 d640512dex99906cert.htm CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT Certification Pursuant to Section 906 of the Sarbanes-Oxley Act

Exhibit 99.906CERT

Certification Pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002; provided by the Chief Executive Officer and Chief Financial Officer, based on each such officer’s knowledge and belief.

The undersigned officers of Nuveen High Income December 2019 Target Term Fund (the “Fund”) certify that, to the best of each such officer’s knowledge and belief:

 

  1.

The Form N-CSR of the Fund for the period ended December 31, 2018 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

  2.

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Fund.

 

Date: March 8, 2019      
     

/s/ Cedric H. Antosiewicz

      Cedric H. Antosiewicz
      Chief Administrative Officer
      (principal executive officer)
     

/s/ Stephen D. Foy

      Stephen D. Foy
      Vice President, Controller
      (principal financial officer)
EX-99.PROXYVOTE 4 d640512dex99proxyvote.htm PROXY VOTING POLICIES AND PROCEDURES Proxy Voting Policies and Procedures

Nuveen Asset Management, LLC

Proxy Voting Policies and Procedures

Effective Date: January 1, 2011, as last amended October 24, 2018

 

 

 

 

I.

General Principles

A.      Nuveen Asset Management, LLC (“NAM”) is an investment sub-adviser for certain of the Nuveen Funds (the “Funds”) and investment adviser for institutional and other separately managed accounts (collectively, with the Funds, “Accounts”). As such, Accounts may confer upon NAM complete discretion to vote proxies.1

B.      When NAM has proxy voting authority, it is NAM’s duty to vote proxies in the best interests of its clients (which may involve affirmatively deciding that voting the proxies may not be in the best interests of certain clients on certain matters). In voting proxies, NAM also seeks to enhance total investment return for its clients.

C.      If NAM contracts with another investment adviser to act as a sub-adviser for an Account, NAM may delegate proxy voting responsibility to the sub-adviser. Where NAM has delegated proxy voting responsibility, the sub-adviser will be responsible for developing and adhering to its own proxy voting policies, subject to oversight by NAM.

D.      NAM’s Proxy Voting Committee (“PVC”) provides oversight of NAM’s proxy voting policies and procedures, including (1) providing an administrative framework to facilitate and monitor the exercise of such proxy voting and to fulfill the obligations of reporting and recordkeeping under the federal securities laws; and (2) approving the proxy voting policies and procedures.

 

II.

Policies

The PVC after reviewing and concluding that such policies are reasonably designed to vote proxies in the best interests of clients, has approved and adopted the proxy voting policies (“Policies”) of Institutional Shareholder Services, Inc. (“ISS”), a leading national provider of proxy voting administrative and research services.i As a result, such Policies set forth NAM’s positions on recurring proxy issues and criteria for addressing non-recurring issues. These Policies are reviewed periodically by ISS, and therefore are subject to change. Even though it has adopted the Policies as drafted by ISS, NAM maintains the fiduciary responsibility for all proxy voting decisions.

 

 

 

1 

NAM does not vote proxies where a client withholds proxy voting authority, and in certain non-discretionary and model programs NAM votes proxies in accordance with its Policies in effect from time to time. Clients may opt to vote proxies themselves, or to have proxies voted by an independent third party or other named fiduciary or agent, at the client’s cost. i ISS has separate polices for Taft Hartley plans and it is NAM’s policy to apply the Taft Hartley polices to accounts that are Taft Hartley plans and have requested the application of such policies.

 

1


III.

Procedures

A.      Supervision of Proxy Voting.  Day-to-day administration of proxy voting may be provided internally or by a third-party service provider, depending on client type, subject to the ultimate oversight of the PVC. The PVC shall supervise the relationships with NAM’s proxy voting services, ISS. ISS apprises Nuveen Global Operations (“NGO”) of shareholder meeting dates, and casts the actual proxy votes. ISS also provides research on proxy proposals and voting recommendations. ISS serves as NAM’s proxy voting record keepers and generate reports on how proxies were voted. NGO periodically reviews communications from ISS to determine whether ISS voted the correct amount of proxies, whether the votes were cast in a timely manner, and whether the vote was in accordance with the Policies or NAM’s specific instructions

B.      General Avoidance of Conflicts of Interest.

 

  1.

NAM believe that most conflicts of interest faced by NAM in voting proxies can be avoided by voting in accordance with the Policies. Examples of such conflicts of interest are as follows:2

 

  a.

The issuer or proxy proponent (e.g., a special interest group) is TIAA-CREF, the ultimate principal owner of NAM, or any of its affiliates.

 

  b.

The issuer is an entity in which an executive officer of NAM or a spouse or domestic partner of any such executive officer is or was (within the past three years of the proxy vote) an executive officer or director.

 

  c.

The issuer is a registered or unregistered fund or other client for which NAM or another affiliated adviser has a material relationship as investment adviser or sub-adviser (e.g., Nuveen Funds and TIAA Funds) or an institutional separate account.

 

  d.

Any other circumstances that NAM is aware of where NAM’s duty to serve its clients’ interests, typically referred to as its “duty of loyalty,” could be materially compromised.

 

  2.

To further minimize this risk, Compliance will review ISS’ conflict avoidance policy at least annually to ensure that it adequately addresses both the actual and perceived conflicts of interest ISS may face.

 

  3.

In the event that ISS faces a material conflict of interest with respect to a specific vote, the PVC shall direct ISS how to vote. The PVC shall receive voting direction from appropriate investment personnel. Before doing so,

 

 

 

2 

A conflict of interest shall not be considered material for the purposes of these Policies and Procedures with respect to a specific vote or circumstance if the matter to be voted on relates to a restructuring of the terms of existing securities or the issuance of new securities or a similar matter arising out of the holding of securities, other than common equity, in the context of a bankruptcy or threatened bankruptcy of the issuer.

 

2


 

the PVC will consult with Legal to confirm that NAM faces no material conflicts of its own with respect to the specific proxy vote.

 

  4.

Where ISS is determined to have a conflict of interest, or NAM determines to override the Policies and is determined to have a conflict, the PVC will recommend to NAM’s Compliance Committee or designee a course of action designed to address the conflict. Such actions could include, but are not limited to:

 

  a.

Obtaining instructions from the affected client(s) on how to vote the proxy;

 

  b.

Disclosing the conflict to the affected client(s) and seeking their consent to permit NAM to vote the proxy;

 

  c.

Voting in proportion to the other shareholders;

 

  e.

Recusing the individual with the actual or potential conflict of interest from all discussion or consideration of the matter, if the material conflict is due to such person’s actual or potential conflict of interest; or

 

  f.

Following the recommendation of a different independent third party.

 

  5.

In addition to all of the above-mentioned and other conflicts, the Head of Equity Research, NGO and any member of the PVC must notify NAM’s Chief Compliance Officer (“CCO”) of any direct, indirect or perceived improper influence exerted by any employee, officer or director of TIAA or its subsidiaries with regard to how NAM should vote proxies. NAM Compliance will investigate any such allegations and will report the findings to the PVC and, if deemed appropriate, to NAM’s Compliance Committee. If it is determined that improper influence was attempted, appropriate action shall be taken. Such appropriate action may include disciplinary action, notification of the appropriate senior managers, or notification of the appropriate regulatory authorities. In all cases, NAM will not consider any improper influence in determining how to vote proxies, and will vote in the best interests of clients.

C.     Proxy Vote Override.  From time to time, a portfolio manager of an account (a “Portfolio Manager”) may initiate action to override the Policies’ recommendation for a particular vote. Any such override by a NAM Portfolio Manager (but not a sub-adviser Portfolio Manager) shall be reviewed by NAM’s Legal Department for material conflicts. If the Legal Department determines that no material conflicts exist, the approval of one member of the PVC shall authorize the override. If a material conflict exists, the conflict and, ultimately, the override recommendation

 

3


will be rejected and will revert to the original Policies recommendation or will be addressed pursuant to the procedures described above under “Conflicts of Interest.”

In addition, the PVC may determine from time to time that a particular recommendation in the Policies should be overridden based on a determination that the recommendation is inappropriate and not in the best interests of shareholders. Any such determination shall be reflected in the minutes of a meeting of the PVC at which such decision is made.

D.      Securities Lending.

 

  1.

In order to generate incremental revenue, some clients may participate in a securities lending program. If a client has elected to participate in the lending program then it will not have the right to vote the proxies of any securities that are on loan as of the shareholder meeting record date. A client, or a Portfolio Manager, may place restrictions on loaning securities and/or recall a security on loan at any time. Such actions must be affected prior to the record date for a meeting if the purpose for the restriction or recall is to secure the vote.

 

  2.

Portfolio Managers and/or analysts who become aware of upcoming proxy issues relating to any securities in portfolios they manage, or issuers they follow, will consider the desirability of recalling the affected securities that are on loan or restricting the affected securities prior to the record date for the matter. If the proxy issue is determined to be material, and the determination is made prior to the shareholder meeting record date the Portfolio Manager(s) will contact the Securities Lending Agent to recall securities on loan or restrict the loaning of any security held in any portfolio they manage, if they determine that it is in the best interest of shareholders to do so.

E.      Proxy Voting Records.  As required by Rule 204-2 of the Investment Advisers Act of 1940, NAM shall make and retain five types of records relating to proxy voting; (1) NAM’s Policies; (2) proxy statements received for securities in client accounts; (3) records of proxy votes cast by NAM on behalf of clients accounts; (4) records of written requests from clients about how NAM voted their proxies, and written responses from NAM to either a written or oral request by clients; and (5) any documents prepared by the adviser that were material to making a proxy voting decision or that memorialized the basis for the decision. NAM relies on ISS to make and retain on NAM’s behalf certain records pertaining to Rule 204-2.

F.       Fund of Funds Provision.  In instances where NAM provides investment advice to a fund of funds that acquires shares of affiliated funds or three percent or more of the outstanding voting securities of an unaffiliated fund, the acquiring fund shall vote the shares in the same proportion as the vote of all other shareholders of the acquired fund. If compliance with this

 

4


procedure results in a vote of any shares in a manner different than the Policies’ recommendation, such vote will not require compliance with the Proxy Vote Override procedures set forth above.

G.      Legacy Securities. To the extent that NAM receives proxies for securities that are transferred into an account’s portfolio that were not recommended or selected by it and are sold or expected to be sold promptly in an orderly manner (“legacy securities”), NAM will generally refrain from voting such proxies. In such circumstances, since legacy securities are expected to be sold promptly, voting proxies on such securities would not further NAM’s interest in maximizing the value of client investments. NAM may agree to an account’s special request to vote a legacy security proxy, and would vote such proxy in accordance with the Policies.

H.      Terminated Accounts. Proxies received after the termination date of an account generally will not be voted. An exception will be made if the record date is for a period in which an account was under NAM’s discretionary management or if a separately managed account (“SMA”) custodian failed to remove the account’s holdings from its aggregated voting list.

I. Non-votes. NGO shall be responsible for obtaining reasonable assurance from ISS that it voted proxies on NAM’s behalf, and that any special instructions from NAM about a given proxy or proxies are submitted to ISS in a timely manner. It should not be considered a breach of this responsibility if NGO or NAM does not receive a proxy from ISS or a custodian with adequate time to analyze and direct to vote or vote a proxy by the required voting deadline.

NAM may determine not to vote proxies associated with the securities of any issuer if as a result of voting such proxies, subsequent purchases or sales of such securities would be blocked. However, NAM may decide, on an individual security basis that it is in the best interests of its clients to vote the proxy associated with such a security, taking into account the loss of liquidity. In addition, NAM may determine not to vote proxies where the voting would in NAM’s judgment result in some other financial, legal, regulatory disability or burden to the client (such as imputing control with respect to the issuer) or to NAM or its affiliates.

NAM may determine not to vote securities held by SMAs where voting would require the transfer of the security to another custodian designated by the issuer. Such transfer is generally outside the scope of NAM’s authority and may result in significant operational limitations on NAM’s ability to conduct transactions relating to the securities during the period of transfer. From time to time, situations may arise (operational or otherwise) that prevent NAM from voting proxies after reasonable attempts have been made.

J.      Review and Reports.

 

  1.

The PVC shall maintain a review schedule. The schedule shall include reviews of the Policies and the policies of any Sub-adviser engaged by NAM, the proxy voting record, account maintenance, and other reviews as

 

5


 

deemed appropriate by the PVC. The PVC shall review the schedule at least annually.

 

  2.

The PVC will report to NAM’s Compliance Committee with respect to all identified conflicts and how they were addressed. These reports will include all accounts, including those that are sub-advised. NAM also shall provide the Funds that it sub-advises with information necessary for preparing Form N-PX.

K.     Vote Disclosure to Clients. NAM’s institutional and SMA clients can contact their relationship manager for more information on NAM’s Policies and the proxy voting record for their account. The information available includes name of issuer, ticker/CUSIP, shareholder meeting date, description of item and NAM’s vote.

IV.      Responsible Parties

PVC

NGO

NAM Compliance

Legal Department

 

 

 

 

6

GRAPHIC 5 g640512g12l59.jpg GRAPHIC begin 644 g640512g12l59.jpg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end GRAPHIC 6 g640512g20s53.jpg GRAPHIC begin 644 g640512g20s53.jpg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

3EL M4W!/=SE5>$Q(.5!+;4MS=71*,G5,5TMD;UI,9'!51&U#8FE*17%+.%A#;&QQ M3SE$:7%R)B-X03MI'(T+U9P*U5F*W)X>%9N3TMU>%8R2W5X5C)+=7A6-3!Q1'E0)B-X M03LK66MJ+W=",S59.#9Z0FUB9FAB-C%3;2]G3'A&+W=#1$=+=E)C5F1I4%65E1Z8G!8-6DV)B-X03M4-5DQ2'IF965B6D4Q8E,T M;79H<$YP1$=U;"MN0T]B5WA6,&%E5&M!5CE2;D(W,$=+=E1D4'9&=F)#,G9& M56]T>D5K>6]D>4));V%H)B-X03LK+T969D9867$W1EA9<3=&6%EQ-T962U,V M:E=.;5%.358U1&A%3U),2T-3=F=$=%0T:4U667EF3FYM>5IM87HX;3-P9T)O M:C-6>EI7)B-X03LW=%1U22]6:TE(*W11*S)+<65M*V9B,2].1G0U8S%V46)N M4G)U+VAK;C V9#5)8FE#8C!.-54Y4T9M-'5Q;71$,BMI<7),.%9D:7)S)B-X M03M69&ER1E!0=FPW56)U3WHQ+U%66"]%=6A/,#%IDQP=FU44EE.5C Y;3E+5W%3=WE$)B-X03MJ3$1-:#1Y M47EQ9#%E3FA1:BM'2W!R:7)S5F1I6]E>F\T1$MF15EQ)B-X03ML2#5A95ER-U=03'I7*W%S M1'(R:3-%=6PV>%1B;&-7>#1I564P,&9'5'%8R2W5X M5C56<79L,U5.8B]!1$PQ)B-X03LW5SE)=3%T9DTS;'$S,"LS,&=35DU$=WEX M>E1Z43-#:G)(3UI3=DQQ:%=O.$U65RME4$XP4&UN>610-55I0C!Z>E)Q,3-A M-E!F851/)B-X03MW.64S*W-30G U1D@K-UEV<39336MI9D-W.3ES5F5Q>'AP M2$=S841I:4%+;SA!0E%9<75X5C)+=7A6,DMP8G%F;5A19$UI13)O6#EV)B-X M03MA>$5%3E8."\R='9$8S9,-G9L:4IR:35D66)V,"]5=C0R:5-&:5I+ M.'930FLR3W=+,38T5EI8)B-X03MW+TYB+V8X06]8+TEQ."\V<5E&44PV:BMC M.7))4RMJ84AQ8U$V9E9R,C5T6%E6.$IO2D95,#EZ:7%*,"]Z<#5P3C)L=')( M:W953$53)B-X03M':3-.=DYA6'-),S9S63569%)4+T%#359::&ER5=K36I797,R-30S=6DS9T5.-T-W1E-' M:4HK265$<%94,D]+%8U-S5".4M4)B-X03LX>69Z1G5, M43AR1G)N5&]3=S9F5S1B47)C<5 Y5W%!*SEC5F5H67$W1EA9<3=&6%EQ-T98 M;3-N<6%F>5HU=W1F4#9*2DQO5C%!;6UE)B-X03MA66]L3&U+2E=,5S$W>$G-N)B-X03MH25!(1E4V=%!05W!A1F5X-E0U.&=J"M6)B-X03MM=&59;$PK M9'9.1C=E<7AR*VDY2U V4'-5.75+.#5:861M9#A65'93+W=!750)B-X03MV>%9L16-C8V%"23%#2792 M5D%!2#!$1E8R2W5X5FHO;E!Z675G5TU+5W-(,3=83E)F-G9O,FU+84Y03U(Q M2B]::6I(>%-0.$%S%8R2W5X5C)+=7A62F9-2&MV>7(U M:&%/5%=.)B-X03M.:'5P-&1O3&]G<&-2.2\S8SA:4U90.$%9G9W8690-C!C5F1C2#@V;&M55S8K5S5):3-X=$EB)B-X03LK3F=V:49! M:T)0=%A&5D]4>3F1Y5#A$ M+VQ,2%A&549C+VQX-7$P4V940BM8*W51)B-X03LV4G!L;6I#.#!M*VA.>D9D M5$]X6C=I85AK2E=K96]$2&M/;7A(5$954F(S=C4V5SAZ2F0V6C5D,4--9EEL M=')Q-W1A:79D6EDW:6TR)B-X03M+;S985V9Z5TLP:#AS855J,39V<3AR:6YY M1FEN-CA656AC9FY,9'$V:7DP2%-V:&]SE13>2]Q*R]&5G%F;#$U:6QQ M8C=Z-7)K:C%*6#9Q3$3DW65G$K:6955FYS=5)"67=H4DQ#5C1C=5!*0U!U>%9N9C5I*UI98D14 M63E$=&)33%9V34]U,71T33!I54)O-4-2)B-X03LX8S V;71)26@X5&LO3'9I M<50V1BM5,2\U4C!E,W1V2FUV>C)&>$5I+U=,5SE8-C596$4Q0GIK849I%-#;F=C5E)J*V-V)B-X03M.;&A7>C@Q950W:31H64U$9C9,5%5R85%+ M0V0T0T5U17)4;U5B-31Q=S-Z0BM:=FMF>2\UE1O M5GA$4&%4)B-X03MY=T8O5&EU,&AN4TUT3F)-9#9$-&\V*T9C5E1J.'HO>G1S M9$=S4EEE5')I>C%N>DQ/<&Q#0U9(=#=A,VI4,5I*<#-$;V=Q;7E+6$93)B-X M03MF;TMQ5RM19GI.+T],571.=&1E,3-Y=D9,-6-M9F=8,"M+5F116D-T1FY3 M,FML9FY(>C8X9'E.,5=M2W949DQN;DQY+S5I17$V8F-.)B-X03LY870V9E=R M0S1J:W0W<4=V5#%)2FQ34F$Y:E-H-TA&539X5FIV;2]Z=%EE6%5T-UE24'%/ M=6%G5$AP5VI7-4AR,T0K3RLP8V$O='E.)B-X03LX2VHW%8R M2W5X5C)+=7A6,DMU>%8R)B-X03M+=7A6,DMU>%8R2W5X5C)+=7A6,DMU>%8R M2W5X5C)+=D\W9U,K9&9Z157E01$95)B-X03MX,7)Z-6-Z-G),-6,X;E=Q-G1R2]A9G=H:BM-.2M06$958C50.&MX84$]O)B-X M03M$6)&6%EQ;S-6:EI883A,<3-I=45P5&I+ M:75+2'129V-645(X&UP M5%!G.DY086=E&UP5%!G M.DAA&UP5%!G.DAA&UP5%!G.DUA>%!A9V53:7IE(')D9CIP87)S951Y<&4](E)E M&UP5%!G.E!L871E3F%M97,^"B @(" @(" @ M(#QX;7!44&7!E/2)297-O=7)C M92(^"B @(" @(" @(" @(" @(" @(#QX;7!'.F=R;W5P3F%M93Y$969A=6QT M(%-W871C:"!'&UP1SIG&UP34TZ M1&]C=6UE;G1)1#YX;7 N9&ED.C)B,V0X8F8U+6%A-F4M-&(T,BUB8C&UP34TZ1&]C=6UE;G1)1#X*(" @(" @(" @/'AM<$U- M.DEN&UP+FEI9#HR8C-D.&)F-2UA839E+31B-#(M8F(W,2TP M93!B86%B-F,T-60\+WAM<$U-.DEN&UP+F1I9#HU,#)C96%C,BTX,S9C+60T M-&(M8C=E8RTU-S%A-#8Q.#-E,F,\+WAM<$U-.D]R:6=I;F%L1&]C=6UE;G1) M1#X*(" @(" @(" @/'AM<$U-.E)E;F1I=&EO;D-L87-S/G!R;V]F.G!D9CPO M>&UP34TZ4F5N9&ET:6]N0VQA7!E/2)297-O=7)C92(^"B @(" @(" @(" @(#QS M=%)E9CII;G-T86YC94E$/G5U:60Z,S@R,68Y9C@M-6)E9"TT93DY+3DW,#$M M-V0P-&8S96%F-C9D/"]S=%)E9CII;G-T86YC94E$/@H@(" @(" @(" @(" \ M&UP M34TZ2&ES=&]R>3X*(" @(" @/"]R9&8Z1&5S8W)I<'1I;VX^"B @(#PO $ M @(# 0$! !P@%!@($"0$#"O_$ "\0 $% 0$! (! P,"!P$ M 0" P4&!P$( !$2$PD4(146%Q@Q(S,U05=AEM3_Q 6 0$! 0 M 0+_Q I$0 " 0(% P4 P$ 1$A,4%187&1@='P J&Q MP>$2(O&2_]H # ,! (1 Q$ /P#^T*[:UJE_T21G9*6BZ/+AYY MYH=9[Q1DEO?$E-[E= ].3@[RB'/^;[>=,9^X[_,A]G^# ZPFJ^>0NA=0D<4Y MC*>3SPB4M2\U+.]<(=%EX4V[W]SX=_3W\'R I@KGC+RV)PY/$OEP^#YE RR5 M)<2\V^)-P=9CY@ MIY"7F# 3ABV'4I=9>0OG%?!_+U9OEF!1Y%MV8<;)\L>C M]1R<<9[C[>7:M(2OIG"S>N&-DE#K@=.L/_,%1!4PVH&+B,JW+/JK!M/N.C5< MG]4L_!.:G6SY[IG./]7V/*S1ZU[,SL7#7'>N-1^Z5>:/NWEFP_P_X2N5THR% M@97$YV0%5KO]V0U!4_1M"/:>>^",N'?]\H7.C9*.F8\.6B) *5BY M$9DR/DHTI@Z/.$(1QQ@H,P5QTF9E5 MI]#;HI15#'L\UJ;448)-,9^5%E#%/"QJEO\ DF!_ZE]3HJ7S-]\K:11JN/\ MJ09HN36"O>AZ5!@.,<=2Y8X.HMP6X"OC+XXW+E0.*V6JPK32Y"0MC46APUL( MRMVVJ3 $_79Z,(_/\)\3,1;Y0!XJ^I4 MGCPS[B..(6VKO%H4G@AM'P#X!\ ^ ? /@'P#X!\!33^GKTL[Q9YTMDR"F/N6 MFYO$['IC'[N./=US8UOZ?K+I;KRUNK,7HMKLO]QQ2N(87S^V':8&89':%]5W MHX6RHO8N7\(/@'P'%:$.(6VXA+C;B5(6A:>*0M"N=2I"TJYU*DJ3WO%)[SO. M\[WG>?CX"CLMY$D\KF)6^>*KA%X'/RI3LK9<6EH@J>\JZ-(OO*)D#I++HLV) M(RFXS#JG5%:/C!]7*.DR.SNAU/4UBL1:A9P?1XKOM[H[D'[4JU0)!J?KBMK\ MD:&5,-5\!^_3:)+";U)$O"C1CV5^BN1D+0+%R?)+0Q"4ZY;;=:<0ZTZA+C3K:DK;<;6GBD.-K3WJ5H6GO%)4GO M4J3WG>=[SOPAS^ ? /@*R>JKQ;JY0ZU0\TD^PNJ[YH==Q+/YQI0?][57+&++ MV'0]"BF)!I\$Z;RS&JII6GP46:,2#,3=/CH@YE0A[WX%7GU[T)=R_,*/C5"K M>:9Q!#URGU4'H<7'M.OE$.N//NFR4O,29KI$G.V.?E"39NRV29+.G+)/R$C. M39YTJ>66\(;]\!1>]95<_.%JLF\>8JL59JS9Y5ZR>@?+D&X$$)H!1*OWF]

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g640512g27s07.jpg GRAPHIC begin 644 g640512g27s07.jpg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

6XX*WA66F-E9&9/=W19<&)44F9R17-C M.$YT97A,0D]75C5*9FIO=DMQ2VM$>'9Y3F5P.$LF(WA!.UEO9B\R43T]/"]X M;7!'26UG.FEM86=E/@H@(" @(" @(" @(" @(" \+W)D9CIL:3X*(" @(" @ M(" @(" @/"]R9&8Z06QT/@H@(" @(" @(" \+WAM<#I4:'5M8FYA:6QS/@H@ M(" @(" \+W)D9CI$97-C&UL;G,Z9&,](FAT=' Z+R]P M=7)L+F]R9R]D8R]E;&5M96YT&UL.FQA;F<](G@M9&5F875L="(^9S"UR97!A M:7(B/E-A="!&96(@,#(@,C Q.2 P.#HU,SHT,B!'350K,#4S,"8C>$$[4V-R M:7!T('8R+C,L($EL;'5S=')A=&]R('8Q-BXP+C F(WA!.T=R87!H:6,@='EP M93H@3&EN92!#:&%R="8C>$$[)B-X03LJ*BI4:&4@9&]C=6UE;G0@:&%S('!A M$$[)B-X03LM+2TM+2TM+2TM+2TM+2TM M+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM M+2TM+28C>$$[4V%T($9E8B P,B R,#$Y(#$P.C0T.C,Y($=-5"LP-3,P)B-X M03M38W)I<'0@=C(N,RP@26QL=7-T$$[1W)A<&AI M8R!T>7!E.B!,:6YE($-H87)T)B-X03LF(WA!.RHJ*E1H92!D;V-U;65N="!H M87,@<&%S$$[5&AE(&9O;&QO=VEN M9R!F;VYT$$[*BHJ5&AE(&1O8W5M M96YT(&AA$$[)B-X03M4:&4@9F]L M;&]W:6YG(&9O;G1S(&%R92!P'1&;VYT($9U='5R82U#;VYD96YS961,:6=H=%TF(WA!.R8C>$$[+2TM+2TM M+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM+2TM M+2TM+2TM+2TM+2TM+2TF(WA!.SPO&UL;G,Z&UP+FEI9#I"-CDT,3&UP+F1I9#I"-CDT,3&UP34TZ1&5R:79E9$9R;VT^"B @ M(" @(" @(#QX;7!-33I(:7-T;W)Y/@H@(" @(" @(" @(" \7!E/2)297-O=7)C M92(^"B @(" @(" @(" @(" @(" @(#QS=$5V=#IA8W1I;VX^&UP+FEI9#HS14$V-S8U049%,31%-3$Q0C,S.4,S1C0P,$9$,#$T,#PO M&UP34TZ2&ES=&]R>3X*(" @(" @/"]R9&8Z1&5S8W)I<'1I;VX^ M"B @(" @(#QR9&8Z1&5S8W)I<'1I;VX@7!E+T1I;65N7!E M+T9O;G0C(@H@(" @(" @(" @("!X;6QN&UP5%!G.DAA&UP5%!G.DAAF4@&UP5%!G.DUA>%!A9V53:7IE/@H@(" @(" @(" \>&UP5%!G.D9O;G1S/@H@ M(" @(" @(" @(" \7!E/2)297-O=7)C92(^"B @(" @(" @(" @(" @(" @(#QS M=$9N=#IF;VYT3F%M93Y&=71U3Y& M=71U&UP5%!G.D9O;G1S/@H@(" @(" @(" \>&UP M5%!G.E!L871E3F%M97,^"B @(" @(" @(" @(#QR9&8Z4V5Q/@H@(" @(" @ M(" @(" @(" \7!E/C \+WAM<$7!E/@H@(" @ M(" @(" @(" @(" \+W)D9CIL:3X*(" @(" @(" @(" @/"]R9&8Z4V5Q/@H@ M(" @(" @(" \+WAM<%109SI3=V%T8VA'#IX;7!M971A/@H@(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" * M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @ M(" @(" @(" @(" @(" @"CP_>'!A8VME="!E;F0](G$I:;_Q 6 M 0$! 0 0+_Q L$0$ 00" 00# 0 !! , 1%1 MD=%AH2$Q<8'P0;'AP0(2(C+Q4G*R_]H # ,! (1 Q$ /P#]6-EE:,:A'I?9 MQ2[EE0D;D)R>/%#5RU>J4U+"Y1D.DI4YU4O)$?$I+/Q/GS[Z\(\,:FKI"_@F+B%;E%Z462 M6A#Z5?%62XKLO34P>-U?BVV+,O5 (4F;*=,IU,$6;DJA0B"7:4:G:(3J!-5& M6@S,2G35'G)EZ98/'_5'CQ-/'G\Q'->VWVHU*G4>1F:G5ZA)4NFR4-L:9@4FTXD MUPI)M23G?9@4FTXDUPI)M23 MG?9@4FTXDUPI)M23G?9@4FTXDUPI)M23G?9@4FTXDUPI)M23G?9@4FTXDUPI)M23G?9@4FTXDUPI)M23G?9@4FTXDUPI)M23G?9@4 MFTXDUPI)M23G?9@4FTXDUPI M)M23G?9@4FTXDUPI)M23G?< ML\S I-IQ)KA23:DG.^Y9YF!2;3B37"DFU).=]RSS,"DVG$FN%)-J2<[[EGF8 M%)M.)-<*2;4DYWW+/,P*3:<2:X4DVI)SON6>9@4FTXDUPI)M23G?9@4FTXDUPI)M23G?9@4FTXDUPI)M23G?G;^&& M.B=2T]ACV8X5-N&.#N4RGUFDS\)L">I=6DI:HTZ=@->8\V#-R4Y"C2TS":\ZZ\V'&A/N M->=8W#%C 1'.HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L M:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2 MGAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GA MV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4 M.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3 M@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@& MHA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA M#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#] MC24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C2 M4\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\ M.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.R MAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR M< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< MU$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$ M(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(? ML:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L: M2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2G MAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV M4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4. M3@&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@ M&HA#]C24\.RAR< U$(?L:2GAV4.3@&HA#]C24\.RAR< U$(?L:2GAV4.3@/I MU"T28WY:/Q5CC],,06DVG$N&7GVGQ?T"X9)JXWN86#G1S4\ M]U8X..EN8JCS[^7PLBZV&W3[_ .+^&4[J MW2XL[.CTL<688X@4F+9C9FV2IO6Z6+EHCO<_!LNO%C0WOJY%A(0_#?9]77FL M^H%)XS&QEU9)F.JEIOZX5E MMS45SN?^)+/Y?2_Z4Y==+3#O_4@N-[FX-8"TB\=Z-=RR3+=&2LV6Z5>[GC$? MK7I"%_\ )Z@+Z:XK/KA >[\&-ZL1\Q[^=5-95S,W^@6P4.2Q_+\4KZ7J;AVX M=)\,DHZ:/=CT?38=VEA@!XOU_3XNO%?_ !0D"MPAN-['9V[!28,=G]YR3LWJ M,!GR;HS+_P!&M[QXO./Z?$-Y,Q^'5#;+1_[7,8J9CP__ !\K15TL/E]I=Q^; M /%YQ_3H[R9O_P 9;*7\?_;%3.&A_P#MB-TN'_1QP[L>H>.?O]_]SZGPS>5% M_%KLMEDHMJQZDYAG5A^%^L79F& QN/7^*5?9CW8=0'C\5S_(-5EQLU^L+J(DGCVL* MR(D&FX8X?Z/XFFSIHX=>'2=+V]>.'6*Q;,ZH:C%O1V._1LT\]_6 KQ'>S4$I,3JF[R[FIN'WPON6U"G8L^73T2UVES M;O?UN3#KW7BQN+&-8/B(S_LF6F+,?K:X6YJKX_F_E/E"YI]6#?YDE@K='\_X MGH\&];, 0RH)Y&_%/GNYJ?B-[8F;VZ.D8M^?0EI7*)+,_<[ 8[U]3.P%K[8@ MRD),]U1C!<9-N=\*H7C7>5&7>9CC@_+SZY3$!]WJ_*_#>=^@%?;$:>R4M-0F M4Z1K"R9)R)%T.DCUA457KLT]H:6CC-UH[S\S^V\UN$7\36XO8M8S C(X M %,J%:HU)< M;$JM6IE,AL9BU^H3\K).,9\VO3,6&ZQGU:T!'=47E#:'I??:SI11]#'3^]%% M*%/T,.INE]KK$'1P;VXX8 46',7F6?RD1Z#-W6VV2L5UN#T*87-+X,1UK&X- M8\Y$-+KS&L;U8-9CB"TFTX=&=.T%_JE+H$"JC[>R%1%9(]>CO-^3L"C5N>C/ M/?U78;6_0$I,>L4,XMND1N%//\Q7L?R_"Q(4(VZ>/9T?PR4ZMTN/=T>ECW8@ M4G_/EQFX2-[KEZ)<-/N=T:E6?W;U>7>9\W)FF(C-R[[OR> MV8C]N764S%K6M9AT]>1RD2KO9UM>F'76,PQ> I[9 MC9F8=F,/NE ;FJOCAH_R31B[I8XX8_&M:*_1]G7TW1X8LTL *EK-)Q9ACCT)BN:HLT[^Y^ ZW'J:QC>H"G,=Z->JM1?PP+ M+KBH3[<&:=2.5HLO+LQ[WGZ?=!5X[&,[6Z,J^WY.M IS'>C6M<1-_J^U.HR> M/9\4K0FM,T?\3X9BG71P9V]'TW?ACWD^?OWW/C2[R8_%)V]H1+.=SM?NE.9BWJ:UG6"^+SC^GQ/>5$_#J/MEE+SC^GVB\F;_P#*+92_C_\ 42IG'0__ )/L?T^X;R9GKUK6RT3L_B\ORIFC#KZ_X[,P3]+!G8WH'<6LQP9C@POBT MY_A\)7CO=41?+;''6]KTM::IL.-WXZ#\S>;.0F-[V:4!]C,.MC6=0'BTYC1J MXN>F_P!87-E63Q_-\+6^4JFX?X?Q,HITT<.[I.F^ND!XMF=4-2BT377/7C+) M*-[V%I/+:*?#_P#BPQ(>;WV,^6E$?;\VM!/@U"JBWJ?O4N:?=;VN_#%G<+'Z M:<"TZ%%=_>Y$=;]06L6CO9ERKLQ^MKGKFJOC^;_.E.2[I_/^9*6%?0Q_L>CP M[L,& 5XCO9E6)\Q^M5/N:JS6_F;F?70O:3<,,<"8>2RZ[\\(;KC,>[#J K[8 MC1E*2OO--S#[.]U^].\=]QOT>,1HR@(5$_6%*4*O=FE M\4KNO!MT\/\ >?$REU;I/KTFECWX@GW!DRM3B?K! DRKOS^*"S)&QKWU?:97 M:JV(WYM?TFM[6]8+6;SD9959NQK&LM+MGQ9A@\U"$M:]BQF&+7FE5KS7OZS6 MM:WO:!6;SF5S4NUZV>AZ/W);LA='T>MW[K20@4_1_N_9"_!P_P"0%9O*2*60 M2+0]'[D)93H^A^3[K+E'I^AAV:/V23@Z.'TP!%UNNNNL8ZZQCKK.ICKK&,8Q MGR8QG4S_ ) .0 M '3'F9>5AMC34>#+0G>MZ+'BN08;N#,6XOQ'G768,9CUM[ %B556DKH6E]]J M8GU'T,=/[U.9J'=?;;'>[H4JN"9S<=YOR<@2Q MFBQGV_1R&\T%I-IQ(V\FV*)UR"P%JO8_E^%H-9-NG_A_#-+JW2X]C.CTM)O4 MS%H%)M)FZ1A_]!@K16V=SY:M@N;-$-K&=[L0NI#5''G?D\Z\UUO,QLS0T28_5*-7-5 M?'\O\@"@EW3^7\]J:5^CQ_MNCP[\&8X"GM;U^Y]#,*:Y=E$B M.N_/"$^\S^@UO4!2+QWISKB7>:9_D^T4_2>..BPTJHA=,PZ^KI/AD_G71ZNM MO1]+AW8@GS]^_/!\>W737Z!;@ELGCV,--RM1IK6?XGPR@QT8SZ]&V+],0/OW MS;[^3XJO);V(-;,[CV-;=FJ;6L^K7666,8W#M:ZQ]F/9I,[07Q><1L^]+R9O M_86V4OX_\5U3.&A\NK4R1^DP^6,+'YN@GC[']]OL>7W9>3-_[;VRE['_ (6J MF<>CZ_\ [PD7I<&8_P"YTF_T07QSG^'PK>4W_P!>+97?IE,5-_#K_I9TW,>K M#KT&=?7AAU >+3F-'P'=?-?I]QJ52>/:TKVTU2FO,9WZ#3*OQS=8WY-?=B,9 MWL> \7F:_6%W)ZD\>WX62E#Z9H_/HOB8C'71P_9Z3IL/VM(#X_9J'5 M5O6]>KS+V=(_ZUNVN: MJS&]K.E0 OX_/\1-0(LONX_-QYUK/V6L!/C][,K]&F/ULL]S57Q_-_+V>R[I M?/\ F3/E?H\?['HVL_9T069]H]OM3*6E[>N(;KFHC[>U_.C>#!Q;WMZ.57.7 M@N_ND1>KV+<7OBF;KIMTVXX_QGQ-5JMTN+?S=)I:7[ M6(%9N9*K.6]<2U&V^8>[XLVB*:SD9[ZO1YLM1HSS6][SS[6M;UM:UH%9O.53 MI]H=IU(?9$I5L%O%,B,['Z>BJ;23[._J>EBU#>9U]?4T"LWG*1*4D244+1^Y M$Q3RCZ&&C]U$LMT_1P[-'[)38.&'=AA@"+\EY65E(;(4I+0)6$ZS!V%+P8<& M&QGR8Y#===8S]S '> M *$9JE5Z/0*I4Z 7)HVUF3EFQ:>6Y.HTNDS-7F--QU MV5A5*M3,G2Y-YKKST1L:=F84)CKCS&->?:ZX\$!:R+G)O] MC+4EC^7XIN H MU-P^72?#*?G31^O1]+A@W#2ZL2^+]?W[V?%EX[WXH:"6V..M['9F[)38<9C/ MZ[DO9G.06/?-CDQ$=^3S0/%YQ_3[_O*F>IJ2VRT3^TS#*F:,/KT.6$H:7ST> MG=^6E^T">/L?TZ"\F;Q_RG;*7\>S_(2IG#0^6+?B(C=+AU]T'2_J@??OJ?#% MY43\6O"V64Q_U.5=4ZAH?3[3G&IG2=7[7V2%_=!?%IS_ ^#+O8_X9RX-!99 MSLTJ#:P=I&/^]D2MW6F:#I?)K99KO9BZWKQ'BTY_AJJN*FL?O"ZRWX61 M1.:9H_X?Q,TZX8=K.DZ7K[<6=0(:BE:B_BCWH7$07V]KE,)EHTO+,_N0ZE;# M69AF'7^>;B=7;BWK!:\1WLU J-%ZIV\FYJ>A]\+[IM5I6+/ETY>MBH\VS][) MAC6?,"O$=[,M'VC];7 7-5?'\W\JWP[I;E4$KZ&/]ET>':S!O6!7B,5_=3*> MG,7\4Z>+FIV+WQ'=S599N.&+'I6I+A-2[S&X,Q8]":QO?B!7VQ$?HR=VZQ6XU MASM>;^U\4GQ1S9I]_P#&?$QNJW2X]_2:6/>"5^QX_1DMM"?ZYNV%!:J_WQJZ ME!),$PW]\Q6Z+/QVM;WM;$:UO?C@"UF\NZ!9C9[*Q&1I6U&VN6BN_EBP$*2^ M#$=[.Q^&5G7F=C.QO)+3#)>?I\>5GY&.V#%?9"G)&9EYR6B:,:6CP8SCD1T-(R>4^8.:+6/V M\5LRGV83A1;[[X"&>X+JBGV 9C0F*&F&^HR$)/JF?YGI:,:O_P#6)_\ RSGLP4R9E;-28:U.--:K3$[G%43J MK'&NQ*N9S)6:,C2PGM(J)7J_.0H52KQBK]3HI.I3_ _4KT>!2>,QLSD6Z>/)_A^I7H\"D\9C M9G(MT\>3_#]2O1X%)XS&S.1;IX\G^'ZE>CP*3QF-F!2>,QLSD6Z>/)_A^I7H\"D\9C9 MG(MT\>3_ _4KT>!2>,QLSD6Z>/)_A^I7H\"D\9C9G(MT\>3_#]2O1X%)XS& MS.1;IX\G^'ZE>CP*3QF-F!2>,QLSD6Z>/)_A^I7H\"D\9C9G(MT\>3_ _4KT>!2>,Q MLSD6Z>/)_A^I7H\"D\9C9G(MT\>3_#]2O1X%)XS&S.1;IX\G^'ZE>CP*3QF- MF!2>,QL MSD6Z>/)_A^I7H\"D\9C9G(MT\>3_ _4KT>!2>,QLSD6Z>/)_A^I7H\"D\9C M9G(MT\>3_#]2O1X%)XS&S.1;IX\G^'ZE>CP*3QF-F!2>,QLSD6Z>/)_A^I7H\"D\9C9 MG(MT\>3_ _4KT>!2>,QLSD6Z>/)_A^I7H\"D\9C9G(MT\>3_#]2O1X%)XS& MS.1;IX\G^'ZE>CP*3QF-F!2>,QLSD6Z>/)_A^I7H\"D\9C9G(MT\>3_ _4KT>!2>,Q MLSD6Z>/)_A^I7H\"D\9C9G(MT\>3_#]2O1X%)XS&S.1;IX\G^'ZE>CP*3QF- MF!2>,QL MSD6Z>/)_A^I7H\"D\9C9G(MT\>3_ _4KT>!2>,QLSD6Z>/)_A^I7H\"D\9C M9G(MT\>3_#]2O1X%)XS&S.1;IX\G^'ZE>CP*3QF-F!2>,QLSD6Z>/)_A^I7H\"D\9C9 MG(MT\>3_ _4KT>!2>,QLSD6Z>/)_A^I7H\"D\9C9G(MT\>3_#]2O1X%)XS& MS.1;IX\G^'ZE>CP*3QF-F!2>,QLSD6Z>/)_A^I7H\"D\9C9G(MT\>3_ _4KT>!2>,Q MLSD6Z>/)_A^I7H\"D\9C9G(MT\>3_#]2O1X%)XS&S.1;IX\G^'ZE>CP*3QF- MF!2>,QL MSD6Z>/)_A^I7H\"D\9C9G(MT\>3_ _4KT>!2>,QLSD6Z>/)_A^I7H\"D\9C M9G(MT\>3_#]2O1X%)XS&S.1;IX\G^'ZE>CP*3QF-F!2>,QLSD6Z>/)_A^I7H\"D\9C9 MG(MT\>3_ _4KT>!2>,QLSD6Z>/)_A^I7H\"D\9C9G(MT\>3_#]2O1X%)XS& MS.1;IX\G^'ZE>CP*3QF-FX0ZDML*1/! M:J#\]*T0W2\Y(SU.A4]A:WM3%-,CT!1ZEH$CI#2.DUFHF6&3J1$EZD:*Q"E9 M>K&TRU6?G*\;C=5):0API"4J!K--5K!AG9.1A0Y*4F:E$EI1QR7A0W6$]4P M M M M M M M M M M M M *(8S M,7"?1IPQ&TP40K%^G,A/5"NF.JR%$HTB['CPY: ].5.IQY62E61IF-!EX38\ M=QD2/%APG,8D1UUH5:#&@S,&%,2\6%,2\Q"AQH$>#$>8\ZUK&L: [0 M M &!/\( 59N<)*,JQ.$2E*JGELZU32]+(F%9J9 M,IDF;TPHZ#KF0JI..OJ+4J,0YN83>OJ$6U@@R)JK%,D8VKQZ)(33A@@T9C2Q M^;S'B;36+7]/E[;%Y0UI=8!;DTRD4RL,-*18JUUU+*&Y)3IG*U-,$N[7R^F, MA!J\]19!LVGI>J],)KLK'GI&5EX9?;+P'V0X4)QHG_RGS^9\^.]&8TP>5VYO=I,O=@"D7CO1F-, M'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O=@"D7CO1F- M,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O=@"D7CO1F M-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O=@"D7CO1 MF-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O=@"D7CO M1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O=@"D7C MO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O=@"D7 MCO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O=@"D M7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O=@" MD7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O=@ M"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O= M@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I,O M=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I, MO=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO=I M,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO= MI,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VYO M=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5VY MO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5V MYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP>5 MVYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP> M5VYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8TP M>5VYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8T MP>5VYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]&8 MTP>5VYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.]& M8TP>5VYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>.] M&8TP>5VYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1>. M]&8TP>5VYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1> M.]&8TP>5VYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V *1 M>.]&8TP>5VYO=I,O=@"D7CO1F-,'E=N;W:3+W8 I%X[T9C3!Y7;F]VDR]V * M1>.].V%<.8(NE_W8KEH>CA_I2ZF;NECC^7!5VXX8=?RQ8!2+QWIDL"(Q61)" MFNJ;F)*#Y]YQ24;VT>6-5.I4Z[(/F"@TZO4NM5,IU.,] F.F+)OE:;$+!OIS MKD-^K%6KUFE0YF4?G'9J"(\>8]82< M M #KBPW8T*)"?;$8[%AOPWFPHL6!%8Z^ZU MUK8<:"_#C08C&-:UR+"B.18;V#\-]UYC&L#2^:Y$^U6R7[30EO6^G'\M+E>" MB:#R-,5A16G(ZK-4[JU;0VUSXY4.*;(IZ/!12)V4IM5,U!/%2-I6K!.H<^8U M'IM*1,^.(K[5_'IYEL!/3TTJ*]%!)I6IUB2*B6%2:5I5 M)F@5FK%V=E8[D)3U&J+:;/2M7+1A(27U2%%A0ZS M*QGB?CGT_P!K^NVIM2U26"FV[6DS=#417IV;I",W#J.;3#3E:.%+K93EDM5Y M$2_2+AU;KTT8H=;6PA(X7C'7I W(\89TY3RIP3I"GHQ3,L4KS-0HS[]^_I:1 M7_E[T]/7U\<5O$>&ULVRL1:5ZB)W]ZF203Q%R-4ZH>YDI&HR$RI554E@+]7* M91+\D;295:*8J142"ELV'"CR]"0BO2%6,5'JE'N MQMGDY>-03.8B_!FZ>:E>*I4,5*KLC1:I(2!EHU6+]8J-/FZ,8I:J4MYV8^T. MR;LW!@3$((T3F@OE*\Y7JK3U)/5=*I12PZ&:X&JG,\5Z>(\N=E;/Y=."'DZA MER?J\8EDR(@"+$,X2M1=H%*H)Y==%K"L4Y M\FH*1RT4360YF+6:!+U]15G;,4"/#-]:F6EXMQ7TK6.Y]O%JLP4@,]&30^_P MA9@-9HKDL04]6.DGFH3!F,QE,M.)U!C6L(JH1S?HL*NU*K/%\O0ZC/5ZONER M@.25#D(\Y.?==+EF1FPVD_\ C[?[***<5S<6CW8>?3=-&TO*@M-PZRF=6"ZP MV&*6ID"646U1?3S()>9RY(U>&4S,ZDDD04M(E#JU1H\S-R^K*1JE-C24Q4:D MV;%_;_8OY1__ I!P3M&%1*$R<5 KISIZCTH^*U=L[3E M^+=+K=5J,JE\HJA/+Y+I.J:EPZ9#)=)3Z@0'J9+2DW3F-+/I'S[^D>/B_P"9 MKX;> 9 !B^9;0D?,M-(E,8^H):A)LIZHK&3YDE*8=BC4*8HJR50^54^F%M0 MHE9E9J:BU**IQ^DY*7F8D65H]*--5I5*@RDA'Z!TM9ZI\?8>VU^1^V$PVJ5/ MQ?M1G6-4#\>3'-='T;L*!3:U%3TCT& YION_9RBFA')96>F8;LNY69^DU RQ M9*2GJY.2[A/OWY\J(9;*[?S67T[*]3+IB@T),Z::B[1)"DGLYT:'5R6>C$7# M8=D_.;:;6Y9\Y$0W&$GE2HF L&%Z>I]290)*1C.-ID6?DITM9_WY^RK=ITA] MH18OJ-/1?M9H7:/,+N<9]Z'HQ7ZPI<&4K%*H;(C7XD28IR?DMTJ)B6YB.]]I M?*A)H+LS_P!H?E)UR$]+3<& M-+Q(D-X,*%GMY(Y/>,DF7*J?H.EZ:0T;EJA28=/FBP4*K!C2M,CE_R/'XX_',U_\ ;(I6K9$E M6PTDHWGRFF"/5R.XY*2D.A'$TE>DF*APC64SU"*QYHQ?JM/IAT*\(XD8JUYR MB&&6GI1D:FS-.:ZVB5\RTNLBM/GB/W^/A&*XIT5X!J(A4I\I%DI:ZRYLFSJR M3#9N9E8DY5X MTT!'ZC_?ZR;,I *YNKZ>&:O2,6;K"6&FI',E3+D[.2SE,,-6(IP3B>FXTO+1 MH4"HPXI2/9EI[LK/PYB6A19V'/0X3L[)RD>"1&J-VSI(@T^:ZDG=)K GRAPHIC 8 g640512g58b43.jpg GRAPHIC begin 644 g640512g58b43.jpg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end GRAPHIC 9 g640512g71u03.jpg GRAPHIC begin 644 g640512g71u03.jpg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g640512g80v20.jpg GRAPHIC begin 644 g640512g80v20.jpg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end GRAPHIC 11 g640512g84t58.jpg GRAPHIC begin 644 g640512g84t58.jpg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g640512g99h99.jpg GRAPHIC begin 644 g640512g99h99.jpg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end