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LAND O'LAKES INC 4ONCJWH5BBCYSJIJYX61 Land O' Lakes Inc 514666AK2 1550000.00000000 PA USD 1534500.00000000 0.968224102721 Long DBT CORP US Y 2 N/A Fixed 8.00000000 N N N N N N PNC FINANCIAL SERVICES CFGNEKW0P8842LEUIA51 PNC Financial Services Group Inc/The 693475AQ8 1266000.00000000 PA USD 1353417.58000000 0.853966452918 Long DBT CORP US N 2 N/A Fixed 5.00000000 N N N N N N FIFTH THIRD BANCORP THRNG6BD57P9QWTQLG42 Fifth Third Bancorp 316773DB3 550000.00000000 PA USD 555500.00000000 0.350504065859 Long DBT CORP US N 2 N/A Variable 4.50000000 N N N N N N Maiden Holdings North America Ltd N/A Maiden Holdings North America Ltd 56029Q408 65687.00000000 NS USD 1437888.43000000 0.907265060247 Long EP CORP US N 1 N N N CIT GROUP INC N8O96ZZJQRFYQUJY7K79 CIT Group Inc 125581GU6 625000.00000000 PA USD 620312.50000000 0.391398835920 Long DBT CORP US N 2 N/A Fixed 5.80000000 N N N N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 Bank of America Corp 06055H400 21700.00000000 NS USD 542500.00000000 0.342301450457 Long EP CORP US N 1 N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 46625HJQ4 3585000.00000000 PA USD 3919690.47000000 2.473208724836 Long DBT CORP US N 2 N/A Fixed 6.75000000 N N N N N N METLIFE INC C4BXATY60WC6XEOZDX54 MetLife Inc 59156RBT4 1205000.00000000 PA USD 1335790.70000000 0.842844413119 Long DBT CORP US N 2 N/A Fixed 5.87500000 N N N N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 Goldman Sachs Group Inc/The 38148BAE8 1328000.00000000 PA USD 1424280.00000000 0.898678543515 Long DBT CORP US N 2 N/A Fixed 5.50000000 N N N N N N AES GENER SA 549300IF4IFG0FS0RM26 AES Gener SA 00105DAF2 355000.00000000 PA USD 367013.74000000 0.231574812054 Long DBT CORP CL Y 2 2079-03-26 Variable 7.12500000 N N N N N N CHS Inc XEIEFTLYDQ1MZ6TZV015 CHS Inc 12542R308 26859.00000000 NS USD 751246.23000000 0.474014145952 Long EP CORP US N 1 N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 48126HAC4 805000.00000000 PA USD 845542.47000000 0.533512283694 Long DBT CORP US N 2 N/A Fixed 6.10000000 N N N N N N ZIONS BANCORP NA 8WH0EE09O9V05QJZ3V89 Zions Bancorp NA 989701BD8 355000.00000000 PA USD 343462.50000000 0.216714676364 Long DBT CORP US N 2 N/A Fixed 5.80000000 N N N N N N GENERAL ELECTRIC CO 3C7474T6CDKPR9K6YT90 General Electric Co 369604BQ5 3537000.00000000 PA USD 2890171.13000000 1.823612479019 Long DBT CORP US N 2 N/A Fixed 5.00000000 N N N N N N AERCAP GLOBAL AVIATION T 635400FBSV8LXXNRV758 AerCap Global Aviation Trust 00773HAA5 2285000.00000000 PA USD 2022225.00000000 1.275964148664 Long DBT CORP US Y 2 2045-06-15 Fixed 6.50000000 N N N N N N GENERAL MOTORS FINL CO 5493008B6JBRUJ90QL97 General Motors Financial Co Inc 37045XCA2 3504000.00000000 PA USD 3421108.82000000 2.158618453931 Long DBT CORP US N 2 N/A Fixed 5.75000000 N N N N N N VOYA FINANCIAL INC 549300T065Z4KJ686G75 Voya Financial Inc 929089AG5 2360000.00000000 PA USD 2424900.00000000 1.530040160762 Long DBT CORP US N 2 N/A Fixed 6.12500000 N N N N N N 2020-10-31 Nuveen Preferred and Income 2022 Term Fund E. Scott Wickerham E. Scott Wickerham Funds Treasurer XXXX NPORT-EX 2 JPT.htm
JPT
Nuveen Preferred and Income 2022 Term Fund
Portfolio of Investments    October 31, 2020
(Unaudited)
Principal
Amount (000)/
Shares
  Description (1)     Coupon Maturity Ratings (2) Value
    LONG-TERM INVESTMENTS – 122.2% (99.1% of Total Investments)            
    $1,000 PAR (OR SIMILAR) INSTITUTIONAL PREFERRED – 84.3% (68.3% of Total Investments)            
    Automobiles  –  2.4%            
$450   General Motors Financial Co Inc     5.700% N/A (3) BB+ $465,750
3,504   General Motors Financial Co Inc     5.750% N/A (3) BB+ 3,421,109
    Total Automobiles           3,886,859
    Banks  –  32.7%            
855   Bank of America Corp     6.250% N/A (3) BBB 929,812
1,645   Bank of America Corp     6.500% N/A (3) BBB 1,839,118
1,675   Bank of America Corp     6.300% N/A (3) BBB 1,901,125
1,695   Barclays Bank PLC, 144A     10.179% 6/12/21 BBB+ 1,784,888
625   CIT Group Inc     5.800% N/A (3) Ba3 620,313
2,932   Citigroup Inc     5.950% N/A (3) BBB- 3,072,736
1,735   Citigroup Inc     6.300% N/A (3) BBB- 1,801,025
1,430   Citigroup Inc     6.250% N/A (3) BBB- 1,597,424
1,500   Citigroup Inc     5.000% N/A (3) BBB- 1,506,457
890   Citizens Financial Group Inc     6.375% N/A (3) BB+ 891,050
833   CoBank ACB, 144A     6.250% N/A (3) BBB+ 882,980
1,000   Commerzbank AG, 144A     8.125% 9/19/23 Baa3 1,147,831
1,610   Farm Credit Bank of Texas, 144A     5.700% N/A (3) Baa1 1,732,360
550   Fifth Third Bancorp     4.500% N/A (3) Baa3 555,500
770   Huntington Bancshares Inc/OH     4.450% N/A (3) Baa3 766,150
1,765   Huntington Bancshares Inc/OH     5.625% N/A (3) Baa3 1,974,594
2,270   JPMorgan Chase & Co     5.000% N/A (3) BBB+ 2,270,000
805   JPMorgan Chase & Co     6.100% N/A (3) BBB+ 845,542
3,585   JPMorgan Chase & Co     6.750% N/A (3) BBB+ 3,919,690
3,745   Lloyds Bank PLC, 144A     12.000% N/A (3) Baa3 4,186,086
1,220   M&T Bank Corp     5.125% N/A (3) Baa2 1,279,981
465   M&T Bank Corp     6.450% N/A (3) Baa2 498,713
525   PNC Financial Services Group Inc     6.750% N/A (3) Baa2 536,025
1,266   PNC Financial Services Group Inc     5.000% N/A (3) Baa2 1,353,418
675   Regions Financial Corp     5.750% N/A (3) BB+ 723,094
640   Truist Financial Corp     4.950% N/A (3) Baa2 678,400
4,565   Truist Financial Corp     4.800% N/A (3) Baa2 4,602,205
835   Truist Financial Corp     5.050% N/A (3) Baa2 817,966
1

JPT Nuveen Preferred and Income 2022 Term Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal
Amount (000)/
Shares
  Description (1)     Coupon Maturity Ratings (2) Value
    Banks (continued)            
$400   USB Realty Corp, (3-Month LIBOR reference rate + 1.147% spread), 144A, (4)     1.384% N/A (3) A3 $310,200
1,210   Wachovia Capital Trust III     5.570% N/A (3) Baa2 1,211,452
805   Wells Fargo & Co     7.950% 11/15/29 Baa1 1,066,789
1,560   Wells Fargo & Co     5.900% N/A (3) Baa2 1,573,601
2,040   Wells Fargo & Co     5.875% N/A (3) Baa2 2,188,677
355   Zions Bancorp NA     5.800% N/A (3) BB+ 343,463
355   Zions Bancorp NA     7.200% N/A (3) BB+ 367,070
    Total Banks           51,775,735
    Capital Markets  –  5.9%            
610   Bank of New York Mellon Corp     4.700% N/A (3) Baa1 652,700
2,175   Charles Schwab Corp     5.375% N/A (3) BBB 2,381,625
1,250   Dresdner Funding Trust I, 144A     8.151% 6/30/31 Ba1 1,825,000
993   Goldman Sachs Group Inc, (3-Month LIBOR reference rate + 3.922% spread), (4)     4.165% N/A (3) BBB- 978,105
1,934   Goldman Sachs Group Inc     5.300% N/A (3) BBB- 2,059,710
1,328   Goldman Sachs Group Inc     5.500% N/A (3) BBB- 1,424,280
    Total Capital Markets           9,321,420
    Commercial Services & Supplies  –  1.3%            
2,285   AerCap Global Aviation Trust, 144A     6.500% 6/15/45 BB+ 2,022,225
    Consumer Finance  –  0.3%            
575   Capital One Financial Corp, (3-Month LIBOR reference rate + 3.800% spread), (4)     4.046% N/A (3) Baa3 524,688
    Diversified Financial Services  –  4.3%            
2   Compeer Financial ACA, 144A, (5)     6.750% N/A (3) BB+ 2,080,000
1,055   Discover Financial Services     6.125% N/A (3) Ba2 1,137,290
1,130   Equitable Holdings Inc     4.950% N/A (3) BBB- 1,163,900
2,360   Voya Financial Inc     6.125% N/A (3) BBB- 2,424,900
    Total Diversified Financial Services           6,806,090
    Electric Utilities  –  3.5%            
1,170   Electricite de France SA, 144A     5.250% N/A (3) BBB 1,212,822
3,320   Emera Inc     6.750% 6/15/76 BB+ 3,676,900
695   Southern Co     4.000% 1/15/51 BBB 706,758
    Total Electric Utilities           5,596,480
    Food Products  –  5.0%            
2,100   Dairy Farmers of America Inc, 144A     7.125% N/A (3) BB+ 1,920,904
2,775   Land O' Lakes Inc, 144A     7.000% N/A (3) BB 2,497,500
2,120   Land O' Lakes Inc, 144A     7.250% N/A (3) BB 1,971,600
2

Principal
Amount (000)/
Shares
  Description (1)     Coupon Maturity Ratings (2) Value
    Food Products (continued)            
$1,550   Land O' Lakes Inc, 144A     8.000% N/A (3) BB $1,534,500
    Total Food Products           7,924,504
    Independent Power & Renewable Electricity Producers  –  0.7%            
355   AES Gener SA, 144A     7.125% 3/26/79 BB 367,014
725   AES Gener SA, 144A     6.350% 10/07/79 BB 730,256
    Total Independent Power & Renewable Electricity Producers           1,097,270
    Industrial Conglomerates  –  1.8%            
3,537   General Electric Co     5.000% N/A (3) BBB- 2,890,171
    Insurance  –  20.3%            
780   Aegon NV     5.500% 4/11/48 Baa1 848,083
1,530   American International Group Inc     5.750% 4/01/48 Baa2 1,714,432
3,125   Assurant Inc     7.000% 3/27/48 BB+ 3,401,969
5,390   Assured Guaranty Municipal Holdings Inc, 144A     6.400% 12/15/66 BBB+ 5,274,079
1,500   AXA SA     8.600% 12/15/30 A3 2,310,096
1,305   AXIS Specialty Finance LLC     4.900% 1/15/40 BBB 1,320,007
970   Enstar Finance LLC     5.750% 9/01/40 BB+ 985,629
1,685   Markel Corp     6.000% N/A (3) BBB- 1,790,313
900   MetLife Inc, 144A     9.250% 4/08/38 BBB 1,296,492
1,060   MetLife Inc     3.850% N/A (3) BBB 1,063,032
1,205   MetLife Inc     5.875% N/A (3) BBB 1,335,791
770   PartnerRe Finance B LLC     4.500% 10/01/50 Baa1 770,277
1,670   Provident Financing Trust I     7.405% 3/15/38 BB+ 1,900,850
505   Prudential Financial Inc     3.700% 10/01/50 BBB+ 516,363
3,535   QBE Insurance Group Ltd, 144A     7.500% 11/24/43 Baa1 3,965,157
818   QBE Insurance Group Ltd, Reg S     6.750% 12/02/44 BBB 911,358
530   QBE Insurance Group Ltd, 144A     5.875% N/A (3) Baa2 565,775
2,580   SBL Holdings Inc, 144A     7.000% N/A (3) BB 2,141,400
    Total Insurance           32,111,103
    Multi-Utilities  –  2.7%            
1,540   CenterPoint Energy Inc     6.125% N/A (3) BBB- 1,558,109
215   CMS Energy Corp     4.750% 6/01/50 Baa2 229,825
1,529   NiSource Inc     5.650% N/A (3) BBB- 1,529,000
930   Sempra Energy     4.875% N/A (3) BBB- 967,200
    Total Multi-Utilities           4,284,134
    Oil, Gas & Consumable Fuels  –  1.5%            
1,380   Enbridge Inc     5.750% 7/15/80 BBB- 1,406,566
465   MPLX LP     6.875% N/A (3) BB+ 390,675
3

JPT Nuveen Preferred and Income 2022 Term Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal
Amount (000)/
Shares
  Description (1)     Coupon Maturity Ratings (2) Value
    Oil, Gas & Consumable Fuels (continued)            
$498   Transcanada Trust     5.500% 9/15/79 BBB $510,171
    Total Oil, Gas & Consumable Fuels           2,307,412
    Trading Companies & Distributors  –  0.8%            
1,705   AerCap Holdings NV     5.875% 10/10/79 BB+ 1,350,036
    U.S. Agency  –  0.4%            
615   Farm Credit Bank of Texas, 144A     6.200% N/A (3) BBB+ 615,000
    Wireless Telecommunication Services  –  0.7%            
905   Vodafone Group PLC     7.000% 4/04/79 BB+ 1,074,070
    Total $1,000 Par (or similar) Institutional Preferred (cost $131,048,080)           133,587,197
    
Shares     Description (1)     Coupon   Ratings (2) Value
    $25 PAR (OR SIMILAR) RETAIL PREFERRED – 36.8% (29.9% of Total Investments)            
    Banks – 10.4%            
21,700   Bank of America Corp     4.375%   BBB $542,500
1,468   Citigroup Inc     7.125%   BBB- 41,515
16,050   CoBank ACB, 144A, (5)     6.250%   BBB+ 1,677,225
34,640   CoBank ACB, (5)     6.200%   BBB+ 3,671,840
15,000   Farm Credit Bank of Texas, 144A, (5)     6.750%   Baa1 1,605,000
49,966   Fifth Third Bancorp     6.625%   Baa3 1,413,039
50,000   Huntington Bancshares Inc/OH     6.250%   Baa3 1,281,000
14,200   KeyCorp     6.125%   Baa3 401,434
100,000   Regions Financial Corp     6.375%   BB+ 2,840,000
14,300   Regions Financial Corp     5.700%   BB+ 392,535
25,994   Synovus Financial Corp     5.875%   BB- 669,865
29,500   Truist Financial Corp     4.750%   Baa2 769,655
16,400   Wells Fargo & Co     4.750%   Baa2 409,672
30,483   Wintrust Financial Corp     6.875%   BB 811,457
    Total Banks           16,526,737
    Capital Markets – 3.9%            
7,777   Goldman Sachs Group Inc     5.500%   Ba1 203,835
42,974   Morgan Stanley     7.125%   Baa3 1,235,502
69,451   Morgan Stanley     6.875%   Baa3 1,940,461
54,400   Morgan Stanley     5.850%   Baa3 1,532,992
23,100   Morgan Stanley     6.375%   Baa3 652,806
22,821   State Street Corp     5.350%   Baa1 647,204
    Total Capital Markets           6,212,800
    Consumer Finance – 1.0%            
40,000   GMAC Capital Trust I     6.065%   BB- 1,029,600
4

Shares     Description (1)     Coupon   Ratings (2) Value
    Consumer Finance (continued)            
19,400   Synchrony Financial     5.625%   BB- $486,746
    Total Consumer Finance           1,516,346
    Diversified Financial Services – 4.4%            
32,213   AgriBank FCB, (5)     6.875%   BBB+ 3,462,898
26,200   Equitable Holdings Inc     5.250%   BBB- 662,598
99,201   Voya Financial Inc     5.350%   BBB- 2,816,316
    Total Diversified Financial Services           6,941,812
    Diversified Telecommunication Services – 0.3%            
18,900   AT&T Inc     4.750%   BBB 477,981
    Food Products – 3.6%            
26,859   CHS Inc     7.875%   N/R 751,246
68,707   CHS Inc     7.100%   N/R 1,885,320
31,132   CHS Inc     6.750%   N/R 824,687
81,867   CHS Inc     7.500%   N/R 2,293,913
    Total Food Products           5,755,166
    Insurance – 9.4%            
63,100   American Equity Investment Life Holding Co     5.950%   BB 1,571,190
32,800   American Equity Investment Life Holding Co     6.625%   BB 854,768
72,109   Aspen Insurance Holdings Ltd     5.950%   BB+ 1,888,535
74,900   Aspen Insurance Holdings Ltd     5.625%   BB+ 1,912,946
74,500   Athene Holding Ltd     6.350%   BBB- 1,995,110
41,700   Athene Holding Ltd     6.375%   BBB- 1,121,730
99,736   Delphi Financial Group Inc, (5)     3.470%   BBB 1,894,984
31,900   Enstar Group Ltd     7.000%   BB+ 849,178
65,687   Maiden Holdings North America Ltd     7.750%   N/R 1,437,888
50,002   Reinsurance Group of America Inc     5.750%   BBB+ 1,361,055
    Total Insurance           14,887,384
    Oil, Gas & Consumable Fuels – 1.7%            
92,134   NuStar Energy LP     8.500%   B2 1,725,670
46,191   NuStar Energy LP     7.625%   B2 764,461
9,998   NuStar Logistics LP     6.971%   B 187,363
    Total Oil, Gas & Consumable Fuels           2,677,494
    Thrifts & Mortgage Finance – 1.7%            
15,135   Federal Agricultural Mortgage Corp     6.000%   N/R 406,927
87,886   New York Community Bancorp Inc     6.375%   Ba2 2,278,884
    Total Thrifts & Mortgage Finance           2,685,811
    Trading Companies & Distributors – 0.4%            
30,614   Air Lease Corp     6.150%   BB+ 702,285
    Total $25 Par (or similar) Retail Preferred (cost $58,896,984)           58,383,816
    
5

JPT Nuveen Preferred and Income 2022 Term Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    CORPORATE BONDS – 1.1% (0.9% of Total Investments)            
    Diversified Financial Services – 0.5%            
$1,420   ILFC E-Capital Trust II, 144A     3.230% 12/21/65 BB+ $788,100
    Insurance – 0.6%            
980   Fidelis Insurance Holdings Ltd, 144A     6.625% 4/01/41 BB+ 980,735
$2,400   Total Corporate Bonds (cost $2,034,108)           1,768,835
    Total Long-Term Investments (cost $191,979,172)           193,739,848
    
Principal Amount (000)   Description (1)     Coupon Maturity   Value
    SHORT-TERM INVESTMENTS – 1.2% (0.9% of Total Investments)            
    REPURCHASE AGREEMENTS – 1.2% (0.9% of Total Investments)            
$1,822   Repurchase Agreement with Fixed Income Clearing Corporation, dated 10/30/20, repurchase price $1,821,657, collateralized by $1,582,800 U.S. Treasury Notes, 0.375%, due 7/15/27, value $1,858,130     0.000% 11/02/20   $1,821,657
    Total Short-Term Investments (cost $1,821,657)           1,821,657
    Total Investments (cost $193,800,829) – 123.4%           195,561,505
    Borrowings – (24.2)% (6), (7)           (38,300,000)
    Other Assets Less Liabilities – 0.8% (8)           1,224,531
    Net Assets Applicable to Common Shares – 100%           $158,486,036
Investments in Derivatives
Futures Contracts  
Description Contract
Position
Number of
Contracts
Expiration
Date
Notional
Amount
Value Unrealized
Appreciation
(Depreciation)
Variation
Margin
Receivable/
(Payable)
U.S. Treasury 10-Year Note Short (56) 12/20 $(7,779,514) $(7,740,250) $39,264 $10,500
6

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
$1,000 Par (or similar) Institutional Preferred $ — $133,587,197 $ — $133,587,197
$25 Par (or similar) Retail Preferred 46,071,869 12,311,947  — 58,383,816
Corporate Bonds  — 1,768,835  — 1,768,835
Short-Term Investments:        
Repurchase Agreements  — 1,821,657  — 1,821,657
Investments in Derivatives:        
Futures Contracts* 39,264  —  — 39,264
Total $46,111,133 $149,489,636 $ — $195,600,769
    
* Represents net unrealized appreciation (depreciation).
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JPT Nuveen Preferred and Income 2022 Term Fund (continued)
  Portfolio of Investments October 31, 2020
  (Unaudited)
  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.  
(3) Perpetual security. Maturity date is not applicable.  
(4) Variable rate security. The rate shown is the coupon as of the end of the reporting period.  
(5) For fair value measurement disclosure purposes, investment classified as Level 2.  
(6) Borrowings as a percentage of Total Investments is 19.6%.  
(7) The Fund segregates 100% of its eligible investments (excluding any investments separately pledged as collateral for specific investments in derivatives, when applicable) in the Portfolio of Investments as collateral for borrowings.  
(8) Other assets less liabilities includes the unrealized appreciation (depreciation) of certain over-the-counter (“OTC”) derivatives as well as the OTC cleared and exchange-traded derivatives, when applicable.  
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  
N/A Not Applicable.  
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.  
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