0001752724-21-258641.txt : 20211124 0001752724-21-258641.hdr.sgml : 20211124 20211124170912 ACCESSION NUMBER: 0001752724-21-258641 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211124 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Nuveen Emerging Markets Debt 2022 Target Term Fund CENTRAL INDEX KEY: 0001708261 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-23262 FILM NUMBER: 211447894 BUSINESS ADDRESS: STREET 1: 333 WEST WACKER DRIVE STREET 2: 32ND FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129178146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DRIVE STREET 2: 32ND FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 NPORT-P 1 primary_doc.xml NPORT-P false 0001708261 XXXXXXXX Nuveen Emerging Markets Debt 2022 Target Term Fund 811-23262 0001708261 549300RJWTMFGDEV7N50 333 W. Wacker Dr Chicago 60606 312-917-7700 Nuveen Emerging Markets Debt 2022 Target Term Fund 549300RJWTMFGDEV7N50 2021-12-31 2021-09-30 N 115800146.00 723530.00 115076616.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 USD N MTN MAURITIUS INVSTMENTS 2549009PQD415OQIR074 MTN Mauritius Investments Ltd 55377XAC0 1525000.00000000 PA USD 1540536.70000000 1.338705250074 Long DBT CORP MU Y 2 2022-02-13 Fixed 5.37300000 N N N N N N DIGICEL GROUP HOLDINGS N/A Digicel Group Holdings Ltd 25381YAC5 597710.00000000 PA USD 488627.93000000 0.424610965272 Long DBT CORP BM Y 2 N/A Fixed 7.00000000 N N Y N N Digicel Group Ltd DIGICEL GROUP 0.5 LTD JMD XXXX N N N COUNTRY GARDEN HLDGS 549300MGHLPT1EFHGF84 Country Garden Holdings Co Ltd AO4037542 1750000.00000000 PA USD 1746294.53000000 1.517505980537 Long DBT CORP KY N 2 2022-07-25 Fixed 4.75000000 N N N N N N EMPRESA BRAS DE AERONAU 549300EM51WYXFHUY333 Embraer SA 29082AAA5 3000000.00000000 PA USD 3067530.00000000 2.665641471417 Long DBT CORP BR N 2 2022-06-15 Fixed 5.15000000 N N N N N N ANADOLU EFES 7890006LGARYVIPOJX03 Anadolu Efes Biracilik Ve Malt Sanayii AS 032523AA0 1500000.00000000 PA USD 1526400.00000000 1.326420651785 Long DBT CORP TR Y 2 2022-11-01 Fixed 3.37500000 N N N N N N UKREXIMBANK(BIZ FIN PLC) 254900R5STMV7BZYC307 Ukreximbank Via Biz Finance PLC UV3695003 716666.66000000 PA USD 727531.33000000 0.632214741177 Long DBT CORP GB Y 2 2022-04-27 Fixed 9.62500000 N N N N N N KERNEL HOLDING SA 5493003GR6L4DZOS2U12 Kernel Holding SA 49229QAA2 2700000.00000000 PA USD 2741148.00000000 2.382019992662 Long DBT CORP LU Y 2 2022-01-31 Fixed 8.75000000 N N N N N N FORTUNE STAR BVI LTD 2549008CU8NYQQRSNU62 Fortune Star BVI Ltd AM8947740 1000000.00000000 PA USD 1001929.05000000 0.870662594040 Long DBT CORP VG N 2 2022-03-23 Fixed 5.25000000 N N N N N N UKRAINE GOVERNMENT 6354001WLTJXOMEXPY07 Ukraine Government International Bond 903724AP7 8225000.00000000 PA USD 8554000.00000000 7.433308605459 Long DBT NUSS UA Y 2 2022-09-01 Fixed 7.75000000 N N N N N N PETRA DIAMONDS US TREAS 635400LZYOO6WHAO2H58 Petra Diamonds US Treasury PLC BO4953697 1569000.00000000 PA USD 1608225.00000000 1.397525453824 Long DBT CORP GB Y 2 2026-03-08 Fixed 10.50000000 N N Y N N N SHIMAO GROUP HLDGS LTD 254900WTJ6B5CU69ZD26 Shimao Group Holdings Ltd AO0807757 3000000.00000000 PA USD 2969773.50000000 2.580692414521 Long DBT CORP KY N 2 2022-07-03 Fixed 4.75000000 N N N N N N TRANSNET SOC LTD 378900B07CD6F01EA796 Transnet SOC Ltd 89378TAC7 7400000.00000000 PA USD 7474740.00000000 6.495446477153 Long DBT CORP ZA Y 2 2022-07-26 Fixed 4.00000000 N N N N N N Petra Diamonds N/A Petra Diamonds N/A 41708682.00000000 NS USD 983470.01000000 0.854621941611 Long EC CORP US N 1 N N N INSTIT COSTA DE ELECTRIC 5493009VA6AFUB2Q0289 Instituto Costarricense de Electricidad 45777VAC1 1500000.00000000 PA USD 1500765.00000000 1.304144188598 Long DBT CORP CR Y 2 2021-11-10 Fixed 6.95000000 N N N N N N TURK IHRACAT KR BK 789000JVRVYLAXGDWR11 Turkiye Ihracat Kredi Bankasi AS 90015LAC1 1000000.00000000 PA USD 1012420.00000000 0.879779085613 Long DBT NUSS TR Y 2 2022-09-18 Fixed 4.25000000 N N N N N N SASOL FINANCING INT N/A Sasol Financing International Ltd 803865AA2 4200000.00000000 PA USD 4295121.60000000 3.732401724430 Long DBT CORP IM N 2 2022-11-14 Fixed 4.50000000 N N N N N N BARBADOS GOVT OF 529900UD1KUUS4SFD905 Barbados Government International Bond 067070AH5 6639500.00000000 PA USD 6672697.50000000 5.798482551833 Long DBT NUSS BB Y 2 2029-10-01 Fixed 6.50000000 N N N N N N MONGOLIA INTL BOND N/A Mongolia Government International Bond 60937FAB4 3000000.00000000 PA USD 3108752.64000000 2.701463379840 Long DBT NUSS MN Y 2 2022-12-05 Fixed 5.12500000 N N N N N N REPUBLIC OF NIGERIA 549300GSBZD84TNEQ285 Nigeria Government International Bond 65412AEK4 3425000.00000000 PA USD 3502542.00000000 3.043660929341 Long DBT NUSS NG N 2 2022-06-27 Fixed 5.62500000 N N N N N N REPUBLIC OF SRI LANKA 254900HXCCIOHM74FA02 Sri Lanka Government International Bond 85227SAV8 3000000.00000000 PA USD 1969620.00000000 1.711572749063 Long DBT NUSS LK Y 2 2023-04-18 Fixed 5.75000000 N N N N N N PROVINCIA DE BUENOS AIRE 549300L6AYROPOTQ4L07 Provincia de Buenos Aires/Government Bonds BR3458824 8214124.00000000 PA USD 3655285.18000000 3.176392656523 Long DBT NUSS AR Y 2 2037-09-01 Fixed 3.90000000 N N N N N N KONDOR FINANCE PLC (NAK) 213800PUC1T9GI6EIO63 NAK Naftogaz Ukraine via Kondor Finance PLC AZ6401204 1000000.00000000 PA USD 1016509.60000000 0.883332891888 Long DBT CORP GB N 2 2022-07-19 Fixed 7.37500000 N N N N N N OMAN GOV INTERNTL BOND 549300SZ20F0QTKNQC75 Oman Government International Bond 682051AG2 3000000.00000000 PA USD 3060000.00000000 2.659098004758 Long DBT NUSS OM Y 2 2023-01-17 Fixed 4.12500000 N N N N N N CHINA EVERGRANDE GROUP 549300CUF7B1LAB15T90 China Evergrande Group AM9155384 3200000.00000000 PA USD 816001.38000000 0.709094000470 Long DBT CORP KY N 2 2022-03-23 Fixed 8.25000000 N N N N N N TURKIYE VAKIFLAR BANKASI 789000KAIHOLSQKQ9858 Turkiye Vakiflar Bankasi TAO 90015NAB9 2704000.00000000 PA USD 2751320.00000000 2.390859321063 Long DBT CORP TR Y 2 2022-11-01 Fixed 6.00000000 N N N N N N GRUPO AVAL LTD 549300J4FW1ELLQ80113 Grupo Aval Ltd 40053FAB4 1500000.00000000 PA USD 1539375.00000000 1.337695748717 Long DBT CORP KY Y 2 2022-09-26 Fixed 4.75000000 N N N N N N REPUBLIC OF IRAQ N/A Iraq International Bond 462652AE8 9500000.00000000 PA USD 9642500.00000000 8.379200166956 Long DBT NUSS IQ Y 2 2023-03-09 Fixed 6.75200000 N N N N N N REPUBLIC OF EL SALVADOR 529900AKDMUSFSDOM949 El Salvador Government International Bond 283875AK8 6375000.00000000 PA USD 5371001.25000000 4.667326374977 Long DBT NUSS SV Y 2 2023-01-24 Fixed 7.75000000 N N N N N N VOLCAN CIA MINERA SAA-CM 549300XKJ91C4SZLG750 Volcan Cia Minera SAA 92863UAA4 2500000.00000000 PA USD 2505000.00000000 2.176810621542 Long DBT CORP PE Y 2 2022-02-02 Fixed 5.37500000 N N N N N N LEBANESE REPUBLIC 529900QPC4K9S1KHL354 Lebanon Government International Bond LW2969357 4000000.00000000 PA USD 653648.00000000 0.568011141377 Long DBT NUSS LB N 2 2023-05-26 Fixed 6.40000000 Y N N N N N Federal Agricultural Mortgage Corp Discount Notes N/A Federal Agricultural Mortgage Corp Discount Notes 31315LMK1 3207000.00000000 PA USD 3207000.00000000 2.786838987340 Long STIV USGSE US N 2 N N N REPUBLIC OF ECUADOR 5299003Y2U5XK0A35H71 Ecuador Government International Bond ZO2094456 2205000.00000000 PA USD 1852222.05000000 1.609555541674 Long DBT NUSS EC Y 2 2030-07-31 Fixed 5.00000000 N N N N N N TEVA PHARMACEUT FIN BV 549300Q840R30TDKVK53 Teva Pharmaceutical Finance Co BV 88165FAG7 5050000.00000000 PA USD 5087875.00000000 4.421293549334 Long DBT CORP CW N 2 2022-12-18 Fixed 2.95000000 N N N N N N THIRD PKSTAN INTL SUKUK 529900OMZDJ2H3CXKF72 Third Pakistan International Sukuk Co Ltd/The 88429JAB2 3450000.00000000 PA USD 3525900.00000000 3.063958710777 Long DBT CORP PK Y 2 2022-12-05 Fixed 5.62500000 N N N N N N REPUBLIC OF ECUADOR 5299003Y2U5XK0A35H71 Ecuador Government International Bond ZO2104214 3640455.00000000 PA USD 2398186.14000000 2.083990843109 Long DBT NUSS EC Y 2 2035-07-31 Fixed 1.00000000 N N N N N N ARAB REPUBLIC OF EGYPT 529900GFIVH4086NMH82 Egypt Government International Bond 03846JW30 725000.00000000 PA USD 745756.75000000 0.648052381032 Long DBT NUSS EG Y 2 2023-02-21 Fixed 5.57700000 N N N N N N JP Morgan Securities LLC ZBUT11V806EZRVTWT807 JP Morgan Securities LLC 913ZLQ009 -19854810.69000000 PA USD -19854810.69000000 -17.2535580034 Short RA CORP US N N/A Reverse repurchase N 0.79000000 2022-12-01 2900000.00 USD 2936250.00 USD CDS 25739000.00 USD 25211274.72 USD N N N REPUBLIC OF ZAMBIA 213800DMLAZ6LGMMD849 Zambia Government International Bond 988895AA6 5500000.00000000 PA USD 4120380.00000000 3.580553672172 Long DBT NUSS ZM Y 2 2022-09-20 Fixed 5.37500000 N N N N N N TC ZIRAAT BANKASI AS 213800K5KTZFSUS8MR51 TC Ziraat Bankasi AS 90015JAA0 2000000.00000000 PA USD 2025040.00000000 1.759731968482 Long DBT CORP TR Y 2 2022-05-03 Fixed 5.12500000 N N N N N N ARAB REPUBLIC OF EGYPT 529900GFIVH4086NMH82 Egypt Government International Bond 038461AK5 3775000.00000000 PA USD 3801425.00000000 3.303386154490 Long DBT NUSS EG Y 2 2022-01-31 Fixed 6.12500000 N N N N N N REPUBLIC OF ECUADOR 5299003Y2U5XK0A35H71 Ecuador Government International Bond ZO2104248 625411.00000000 PA USD 333819.38000000 0.290084459904 Long DBT NUSS EC Y 2 2030-07-31 Fixed 0.00000000 N N N N N N TURKIYE IS BANKASI A.S 789000FIRX9MDN0KTM91 Turkiye Is Bankasi AS 900151AB7 3200000.00000000 PA USD 3268800.00000000 2.840542339201 Long DBT CORP TR Y 2 2022-10-24 Fixed 6.00000000 N N N N N N KINGDOM OF BAHRAIN 549300RODM1WN85LFQ95 Bahrain Government International Bond 05674RAB0 2950000.00000000 PA USD 3042187.50000000 2.643619186716 Long DBT NUSS BH Y 2 2022-07-05 Fixed 6.12500000 N N N N N N Societe Generale SA O2RNE8IBXP4R0TD8PU41 Societe Generale SA 988FYT003 -13000000.00000000 PA USD -13000000.00000000 -11.2968215888 Short RA CORP US N N/A Reverse repurchase N 0.83413000 2022-10-23 10550000.00 USD 10705604.89 USD CDS 8070000.00 USD 8333428.80 USD N N N MONGOLIA INTL BOND N/A Mongolia Government International Bond 60937LAB1 1650000.00000000 PA USD 1731751.94000000 1.504868669408 Long DBT NUSS MN Y 2 2023-05-01 Fixed 5.62500000 N N N N N N REPUBLIC OF ECUADOR 5299003Y2U5XK0A35H71 Ecuador Government International Bond ZO2104560 852600.00000000 PA USD 495582.28000000 0.430654199980 Long DBT NUSS EC Y 2 2040-07-31 Fixed 0.50000000 N N N N N N REPUBLIC OF TURKEY 5493000PCHOG3B6S3Q85 Turkey Government International Bond 900123CA6 4000000.00000000 PA USD 3981608.00000000 3.459962708670 Long DBT NUSS TR N 2 2023-03-23 Fixed 3.25000000 N N N N N N COSTA RICA GOVERNMENT 549300S1EK2VN6XVJP58 Costa Rica Government International Bond 221597BR7 5000000.00000000 PA USD 5097000.00000000 4.429223049103 Long DBT NUSS CR Y 2 2023-01-26 Fixed 4.25000000 N N N N N N BRF SA 254900MTXR9LUVQFU480 BRF SA 10552TAE7 1800000.00000000 PA USD 1849500.00000000 1.607190117582 Long DBT CORP BR Y 2 2023-05-22 Fixed 3.95000000 N N N N N N PETROLEOS MEXICANOS 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QBG6 6740000.00000000 PA USD 6824250.00000000 5.930179594436 Long DBT CORP MX N 2 2023-01-30 Fixed 3.50000000 N N N N N N REPUBLIC OF GHANA 213800PP4399SNNXZ126 Ghana Government International Bond 374422AF0 1250000.00000000 PA USD 1281250.00000000 1.113388666208 Long DBT NUSS GH Y 2 2022-09-15 Fixed 9.25000000 N N N N N N LEBANESE REPUBLIC 529900QPC4K9S1KHL354 Lebanon Government International Bond EJ4558007 5000000.00000000 PA USD 825600.00000000 0.717435069519 Long DBT NUSS LB N 2 2023-01-27 Fixed 6.00000000 Y N N N N N UNITED BANK FOR AFRICA P 0292002067E3RH4D8768 United Bank for Africa PLC 91339TAA5 3000000.00000000 PA USD 3074999.88000000 2.672132694621 Long DBT CORP NG Y 2 2022-06-08 Fixed 7.75000000 N N N N N N TURKIYE VAKIFLAR BANKASI 789000KAIHOLSQKQ9858 Turkiye Vakiflar Bankasi TAO 90015WAG8 700000.00000000 PA USD 717500.00000000 0.623497653076 Long DBT CORP TR Y 2 2023-01-30 Fixed 5.75000000 N N N N N N 2021-09-30 Nuveen Emerging Markets Debt 2022 Target Term Fund E. Scott Wickerham E. Scott Wickerham Funds Treasurer XXXX NPORT-EX 2 JEMD.htm
JEMD
Nuveen Emerging Markets Debt 2022 Target Term Fund
Portfolio of Investments    September 30, 2021
(Unaudited)
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    LONG-TERM INVESTMENTS – 124.8% (97.8% of Total Investments)            
    EMERGING MARKETS DEBT – 69.9% (54.8% of Total Investments)            
    Argentina – 3.2%            
$8,214   Provincia de Buenos Aires/Government Bonds, 144A     3.900% 9/01/37 N/R $3,655,285
    Bahrain – 2.6%            
2,950   Bahrain Government International Bond, 144A, (3)     6.125% 7/05/22 B+ 3,042,188
    Barbados – 5.8%            
6,640   Barbados Government International Bond, 144A     6.500% 10/01/29 B- 6,672,697
    Costa Rica – 4.4%            
5,000   Costa Rica Government International Bond, 144A, (3)     4.250% 1/26/23 B 5,097,000
    Ecuador – 4.4%            
2,205   Ecuador Government International Bond, 144A     5.000% 7/31/30 B- 1,852,222
625   Ecuador Government International Bond, 144A     0.000% 7/31/30 B- 333,820
3,640   Ecuador Government International Bond, 144A     1.000% 7/31/35 B- 2,398,186
853   Ecuador Government International Bond, 144A     0.500% 7/31/40 B- 495,582
7,323   Total Ecuador           5,079,810
    Egypt – 4.0%            
3,775   Egypt Government International Bond, 144A     6.125% 1/31/22 B+ 3,801,425
725   Egypt Government International Bond, 144A     5.577% 2/21/23 B+ 745,757
4,500   Total Egypt           4,547,182
    El Salvador – 4.7%            
6,375   El Salvador Government International Bond, 144A, (3)     7.750% 1/24/23 B- 5,371,001
    Ghana – 1.1%            
1,250   Ghana Government International Bond, 144A     9.250% 9/15/22 B 1,281,250
    Iraq – 8.4%            
9,500   Iraq International Bond, 144A, (3)     6.752% 3/09/23 B- 9,642,500
    Lebanon – 1.3%            
4,000   Lebanon Government International Bond, (4)     6.400% 5/26/23 D 653,648
5,000   Lebanon Government International Bond, Reg S, (4)     6.000% 1/27/23 D 825,600
9,000   Total Lebanon           1,479,248
    Mongolia – 4.2%            
3,000   Mongolia Government International Bond, 144A     5.125% 12/05/22 B 3,108,753
1

JEMD Nuveen Emerging Markets Debt 2022 Target Term Fund (continued)
  Portfolio of Investments September 30, 2021
  (Unaudited)
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    Mongolia (continued)            
$1,650   Mongolia Government International Bond, 144A     5.625% 5/01/23 B $1,731,752
4,650   Total Mongolia           4,840,505
    Nigeria – 3.0%            
3,425   Nigeria Government International Bond, (3)     5.625% 6/27/22 B2 3,502,542
    Oman – 2.7%            
3,000   Oman Government International Bond, 144A     4.125% 1/17/23 Ba3 3,060,000
    Pakistan – 3.1%            
3,450   Third Pakistan International Sukuk Co Ltd, 144A     5.625% 12/05/22 B- 3,525,900
    Sri Lanka – 1.7%            
3,000   Sri Lanka Government International Bond, 144A     5.750% 4/18/23 CCC+ 1,969,620
    Turkey – 4.3%            
4,000   Turkey Government International Bond     3.250% 3/23/23 BB- 3,981,608
1,000   Turkiye Ihracat Kredi Bankasi AS, 144A     4.250% 9/18/22 B+ 1,012,420
5,000   Total Turkey           4,994,028
    Ukraine – 7.4%            
8,225   Ukraine Government International Bond, 144A, (3)     7.750% 9/01/22 B 8,554,000
    Zambia – 3.6%            
5,500   Zambia Government International Bond, 144A     5.375% 9/20/22 D 4,120,380
$97,002   Total Emerging Markets Debt (cost $90,368,338)           80,435,136
    
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    CORPORATE BONDS – 53.6% (42.0% of Total Investments)            
    Aerospace & Defense – 2.7%            
$3,000   Embraer SA     5.150% 6/15/22 BB+ $3,067,530
    Banks – 10.9%            
2,000   TC Ziraat Bankasi AS, 144A     5.125% 5/03/22 B+ 2,025,040
3,200   Turkiye Is Bankasi AS, 144A     6.000% 10/24/22 B- 3,268,800
2,704   Turkiye Vakiflar Bankasi TAO, 144A     6.000% 11/01/22 B- 2,751,320
700   Turkiye Vakiflar Bankasi TAO, 144A     5.750% 1/30/23 B+ 717,500
717   Ukreximbank Via Biz Finance PLC, 144A     9.625% 4/27/22 B 727,531
3,000   United Bank for Africa PLC, 144A, (3)     7.750% 6/08/22 B 3,075,000
12,321   Total Banks           12,565,191
    Beverages – 1.3%            
1,500   Anadolu Efes Biracilik Ve Malt Sanayii AS, 144A     3.375% 11/01/22 BBB- 1,526,400
2

Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    Capital Markets – 1.3%            
$1,500   Grupo Aval Ltd, 144A, (3)     4.750% 9/26/22 BB+ $1,539,375
    Electric Utilities – 1.3%            
1,500   Instituto Costarricense de Electricidad, 144A     6.950% 11/10/21 B1 1,500,765
    Food Products – 4.0%            
1,800   BRF SA, 144A     3.950% 5/22/23 Ba2 1,849,500
2,700   Kernel Holding SA, 144A     8.750% 1/31/22 BB- 2,741,148
4,500   Total Food Products           4,590,648
    Hotels, Restaurants & Leisure – 0.9%            
1,000   Fortune Star BVI Ltd, Reg S     5.250% 3/23/22 BB 1,001,929
    Metals & Mining – 3.6%            
1,569   Petra Diamonds US Treasury PLC, 144A, (cash 10.500%, PIK 10.500%)     10.500% 3/08/26 B- 1,608,225
2,500   Volcan Cia Minera SAA, 144A     5.375% 2/02/22 BB 2,505,000
4,069   Total Metals & Mining           4,113,225
    Oil, Gas & Consumable Fuels – 10.6%            
1,000   NAK Naftogaz Ukraine via Kondor Finance PLC, Reg S     7.375% 7/19/22 B 1,016,510
6,740   Petroleos Mexicanos, (3)     3.500% 1/30/23 BBB 6,824,250
4,200   Sasol Financing International Ltd     4.500% 11/14/22 BB 4,295,121
11,940   Total Oil, Gas & Consumable Fuels           12,135,881
    Pharmaceuticals – 4.4%            
5,050   Teva Pharmaceutical Finance Co BV     2.950% 12/18/22 BBB 5,087,875
    Real Estate Management & Development – 4.8%            
3,200   China Evergrande Group, Reg S     8.250% 3/23/22 C 816,001
1,750   Country Garden Holdings Co Ltd, Reg S     4.750% 7/25/22 Baa3 1,746,295
3,000   Shimao Group Holdings Ltd, Reg S     4.750% 7/03/22 BBB- 2,969,773
7,950   Total Real Estate Management & Development           5,532,069
    Road & Rail – 6.5%            
7,400   Transnet SOC Ltd, 144A, (3)     4.000% 7/26/22 Ba2 7,474,740
    Wireless Telecommunication Services – 1.3%            
1,525   MTN Mauritius Investments Ltd, 144A     5.373% 2/13/22 Ba2 1,540,537
$63,255   Total Corporate Bonds (cost $63,185,492)           61,676,165
    
Shares   Description (1)           Value
    COMMON STOCKS – 0.9% (0.7% of Total Investments)            
3

JEMD Nuveen Emerging Markets Debt 2022 Target Term Fund (continued)
  Portfolio of Investments September 30, 2021
  (Unaudited)
Shares   Description (1)           Value
    Metals & Mining – 0.9%            
41,708,682   Petra Diamonds, (5)           $983,470
    Total Common Stocks (cost $784,123)           983,470
    
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    CONVERTIBLE BONDS – 0.4% (0.3% of Total Investments)            
    Wireless Telecommunication Services – 0.4%            
$598   Digicel Group Holdings Ltd, 144A, (cash 7.000%, PIK 7.000%)     7.000% N/A (6) CC $488,628
$598   Total Convertible Bonds (cost $79,181)           488,628
    Total Long-Term Investments (cost $154,417,134)           143,583,399
    
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    SHORT-TERM INVESTMENTS – 2.8% (2.2% of Total Investments)            
    U.S. GOVERNMENT AND AGENCY OBLIGATIONS  –  2.8% (2.2% of Total Investments)            
$3,207   Federal Agricultural Mortgage Corp Discount Notes     0.000% 10/01/21 N/R $3,207,000
$3,207   Total Short-Term Investments (cost $3,207,000)           3,207,000
    Total Investments (cost $157,624,134) – 127.6%           146,790,399
    Reverse Repurchase Agreements, including accrued interest – (28.6)% (7)           (32,963,623)
    Other Assets Less Liabilities – 1.0%           1,249,840
    Net Assets Applicable to Common Shares – 100%           $115,076,616
4

Summary of Investments in Emerging Markets Countries
Turkey 10.4%
South Africa 10.2%
Ukraine 8.9%
Iraq 6.6%
Mexico 4.6%
Barbados 4.5%
Costa Rica 4.5%
Nigeria 4.5%
China 4.5%
El Salvador 3.7%
Ecuador 3.5%
Brazil 3.3%
Mongolia 3.3%
Egypt 3.1%
Zambia 2.8%
Argentina 2.5%
Pakistan 2.4%
Oman 2.1%
Bahrain 2.1%
Peru 1.7%
Sri Lanka 1.3%
Colombia 1.0%
Lebanon 1.0%
Ghana 0.9%
Jamaica 0.3%
Total Emerging Markets Debt 0.0%
Total Developed Markets 6.3%
Total Investments 100.0%
 
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:        
Emerging Markets Debt $ — $80,435,136 $ — $80,435,136
Corporate Bonds  — 61,676,165  — 61,676,165
Common Stocks 983,470  —  — 983,470
Convertible Bonds  — 488,628  — 488,628
Short-Term Investments:        
U.S. Government and Agency Obligations  — 3,207,000  — 3,207,000
Total $983,470 $145,806,929 $ — $146,790,399
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JEMD Nuveen Emerging Markets Debt 2022 Target Term Fund (continued)
  Portfolio of Investments September 30, 2021
  (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) Investment, or portion of investment has been pledged to collateralize the net payment obligations for investments in reverse repurchase agreements. As of the end of the reporting period, investments with a value of $42,350,558 have been pledged as collateral for reverse repurchase agreements.  
(4) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(5) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(6) Perpetual security. Maturity date is not applicable.  
(7) Reverse Repurchase Agreements, including accrued interest as a percentage of Total Investments is 22.5%.  
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.  
N/A Not Applicable.  
PIK Payment-in-kind (“PIK”) security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where applicable, represents the annualized rate of the last PIK payment made by the issuer as of the end of the reporting period.  
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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