NPORT-EX 1 NUO.htm
NUO
Nuveen Ohio Quality Municipal Income Fund
Portfolio of Investments    May 31, 2019
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 153.1% (100.0% of Total Investments)        
    MUNICIPAL BONDS – 153.1% (100.0% of Total Investments)        
    Consumer Staples  – 4.1% (2.7% of Total Investments)        
$13,120   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Senior Lien, Series 2007A-2, 5.875%, 6/01/47   6/19 at 100.00 B- $12,644,400
    Education and Civic Organizations – 14.0% (9.1% of Total Investments)        
    Lorain County Community College District, Ohio, General Receipts Revenue Bonds, Refunding Series 2017:        
1,305   5.000%, 12/01/32   6/27 at 100.00 Aa2 1,561,354
1,200   5.000%, 12/01/33   6/27 at 100.00 Aa2 1,433,208
505   5.000%, 12/01/34   6/27 at 100.00 Aa2 601,546
    Miami University of Ohio, General Receipts Bonds, Refunding Series 2014:        
4,375   5.000%, 9/01/33   9/24 at 100.00 AA 5,001,850
2,500   4.000%, 9/01/39   9/24 at 100.00 AA 2,654,100
2,585   Miami University of Ohio, General Receipts Bonds, Refunding Series 2017, 5.000%, 9/01/41   9/26 at 100.00 AA 3,024,062
    Miami University of Ohio, General Receipts Bonds, Series 2011:        
130   5.000%, 9/01/33   9/21 at 100.00 AA 139,447
1,960   5.000%, 9/01/36   9/21 at 100.00 AA 2,100,650
    Miami University of Ohio, General Receipts Bonds, Series 2012:        
480   4.000%, 9/01/32   9/22 at 100.00 AA 507,101
1,000   4.000%, 9/01/33   9/22 at 100.00 AA 1,053,470
    Ohio Higher Educational Facilities Commission, Revenue Bonds, Denison University Project, Series 2012:        
120   5.000%, 11/01/27   5/22 at 100.00 AA 130,939
590   5.000%, 11/01/32   5/22 at 100.00 AA 640,286
5,000   Ohio Higher Educational Facilities Commission, Revenue Bonds, University of Dayton, Refunding Series 2013, 5.000%, 12/01/43   12/22 at 100.00 A+ 5,432,950
1,000   Ohio University at Athens, General Receipts Bonds, Series 2013, 5.000%, 12/01/39   12/22 at 100.00 Aa3 1,092,910
1,000   Tuscarawas County Economic Development and Finance Alliance, Ohio, Higher Education Facilities Revenue Bonds, Ashland University, Refunding & Improvement Series 2015, 6.000%, 3/01/45   3/25 at 100.00 N/R 1,057,460
1,000   University of Cincinnati, Ohio, General Receipts Bonds, Green Bond Series 2014C, 5.000%, 6/01/41   12/24 at 100.00 AA- 1,137,840
3,175   University of Cincinnati, Ohio, General Receipts Bonds, Series 2016C, 5.000%, 6/01/46   6/26 at 100.00 AA- 3,670,109
7,580   Wright State University, Ohio, General Receipts Bonds, Series 2011A, 5.000%, 5/01/31  –  BAM Insured   5/21 at 100.00 AA 8,027,296
1

NUO Nuveen Ohio Quality Municipal Income Fund (continued)
  Portfolio of Investments May 31, 2019
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
    Youngstown State University, Ohio, General Receipts Bonds, Refunding Series 2017:        
$1,555   5.000%, 12/15/29   12/26 at 100.00 A+ $1,864,585
1,670   5.000%, 12/15/30   12/26 at 100.00 A+ 1,988,970
38,730   Total Education and Civic Organizations       43,120,133
    Health Care – 15.5% (10.2% of Total Investments)        
3,000   Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Revenue Bonds, Children's Hospital Medical Center, Improvement Series 2013, 5.000%, 11/15/38   5/23 at 100.00 AA- 3,292,260
    Chillicothe, Ohio, Hospital Facilities Revenue Bonds, Adena Health System Obligated Group Project, Refunding & Improvement Series 2017:        
2,250   5.000%, 12/01/37   12/27 at 100.00 A- 2,592,225
1,000   5.000%, 12/01/47   12/27 at 100.00 A- 1,141,370
2,400   Fairfield County, Ohio, Hospital Facilities Revenue Bonds, Fairfield Medical Center Project, Series 2013, 5.000%, 6/15/43   6/23 at 100.00 Baa3 2,501,976
250   Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Series 2011A, 5.000%, 11/15/41   11/21 at 100.00 AA+ 266,807
4,480   Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Tender Option Bond Trust 2016-XL0004, 7.924%, 11/15/41, 144A (IF) (4)   11/21 at 100.00 AA+ 5,082,336
1,730   Franklin County, Ohio, Revenue Bonds, Trinity Health Credit Group, Series 2017A, 5.000%, 12/01/47   12/27 at 100.00 AA- 2,029,567
300   Lake County, Ohio, Hospital Facilities Revenue Bonds, Lake Hospital System, Inc, Refunding Series 2008C, 6.000%, 8/15/43   7/19 at 100.00 A- 300,981
820   Middleburg Heights, Ohio, Hospital Facilities Revenue Bonds, Southwest General Health Center Project, Refunding Series 2011, 5.250%, 8/01/41   8/21 at 100.00 A2 872,398
    Montgomery County, Ohio, Revenue Bonds, Catholic Health Initiatives, Series 2004A:        
2,410   5.000%, 5/01/30   7/19 at 100.00 BBB+ 2,436,944
2,040   5.000%, 5/01/32   7/19 at 100.00 BBB+ 2,062,297
6,105   Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated Group Project, Series 2013, 5.000%, 2/15/44   2/23 at 100.00 BB+ 6,437,661
1,100   Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Cleveland Clinic Health System Obligated Group, Series 2012A, 5.000%, 1/01/38   1/22 at 100.00 AA 1,180,806
    Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Summa Health System Project, Series 2010:        
1,520   5.250%, 11/15/40  –  AGM Insured   5/20 at 100.00 AA 1,564,658
555   5.750%, 11/15/40  –  AGM Insured   5/20 at 100.00 AA 574,636
    Ohio State, Hospital Revenue Bonds, Cleveland Clinic Health System Obligated Group, Refunding Series 2017A:        
1,000   5.000%, 1/01/30   1/28 at 100.00 AA 1,247,910
2,090   5.000%, 1/01/33   1/28 at 100.00 AA 2,561,713
    Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc, Series 2013A:        
1,000   5.000%, 1/15/28   1/23 at 100.00 A 1,105,830
2,000   5.000%, 1/15/29   1/23 at 100.00 A 2,207,240
2

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Wood County, Ohio, Hospital Facilities Refunding and Improvement Revenue Bonds, Wood County Hospital Project, Series 2012:        
$2,670   5.000%, 12/01/37   12/22 at 100.00 Ba2 $2,804,034
5,510   5.000%, 12/01/42   12/22 at 100.00 Ba2 5,757,950
44,230   Total Health Care       48,021,599
    Housing/Multifamily – 1.1% (0.7% of Total Investments)        
167   Franklin County, Ohio, GNMA Collateralized Multifamily Housing Mortgage Revenue Bonds, Agler Project, Series 2002A, 5.550%, 5/20/22 (AMT)   7/19 at 100.00 Aaa 167,451
3,315   Summit County Port Authority, Ohio, Multifamily Housing Revenue Bonds, Callis Tower Apartments Project, Series 2007, 5.250%, 9/20/47 (AMT)   7/19 at 101.00 Aa1 3,335,453
3,482   Total Housing/Multifamily       3,502,904
    Industrials – 1.3% (0.8% of Total Investments)        
3,495   Toledo-Lucas County Port Authority, Ohio, Revenue Refunding Bonds, CSX Transportation Inc, Series 1992, 6.450%, 12/15/21   No Opt. Call A3 3,860,892
1,600   Western Reserve Port Authority, Ohio, Solid Waste Facility Revenue Bonds, Central Waste Inc, Series 2007A, 6.350%, 7/01/27 (AMT) (5)   7/19 at 100.00 N/R 16
5,095   Total Industrials       3,860,908
    Long-Term Care – 1.0% (0.7% of Total Investments)        
895   Franklin County, Ohio, Healthcare Facilities Revenue Bonds, Ohio Presbyterian Retirement Services, Improvement Series 2010A, 5.625%, 7/01/26   7/20 at 100.00 BBB 926,271
2,220   Montgomery County, Ohio, Health Care and Multifamily Housing Revenue Bonds, Saint Leonard, Refunding & improvement Series 2010, 6.625%, 4/01/40   4/20 at 100.00 BBB- 2,294,215
3,115   Total Long-Term Care       3,220,486
    Tax Obligation/General – 21.7% (14.2% of Total Investments)        
2,500   Clark-Shawnee Local School District, Clark County, Ohio, General Obligation Bonds, School Facilities Construction & Improvement Series 2017, 5.000%, 11/01/54   11/27 at 100.00 AA 2,941,475
1,050   Cleveland, Ohio, General Obligation Bonds, Various Purpose Series 2018, 5.000%, 12/01/43   6/28 at 100.00 AA+ 1,248,545
    Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Refunding Series 2006:        
4,310   0.000%, 12/01/27  –  AGM Insured   No Opt. Call AA 3,639,062
5,835   0.000%, 12/01/28  –  AGM Insured   No Opt. Call AA 4,782,366
2,250   Columbus, Ohio, General Obligation Bonds, Various Purpose Series 2018A, 5.000%, 4/01/29   10/28 at 100.00 AAA 2,889,225
    Dublin, Ohio, General Obligation Bonds, Limited Tax Various Purpose Series 2015:        
725   5.000%, 12/01/26   12/25 at 100.00 Aaa 879,715
900   5.000%, 12/01/32   12/25 at 100.00 Aaa 1,069,911
1,000   5.000%, 12/01/34   12/25 at 100.00 Aaa 1,181,720
1,730   Franklin County, Ohio, General Obligation Bonds, Refunding Series 2014, 5.000%, 6/01/31   12/23 at 100.00 AAA 1,980,366
3

NUO Nuveen Ohio Quality Municipal Income Fund (continued)
  Portfolio of Investments May 31, 2019
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Gallia County Local School District, Gallia and Jackson Counties, Ohio, General Obligation Bonds, Refunding School Improvement Series 2014:        
$1,260   5.000%, 11/01/30   11/24 at 100.00 Aa2 $1,451,407
1,540   5.000%, 11/01/31   11/24 at 100.00 Aa2 1,769,891
    Greenville City School District, Drake County, Ohio, General Obligation Bonds, School Improvement Series 2013:        
555   5.250%, 1/01/38   1/22 at 100.00 AA 603,757
1,355   5.250%, 1/01/41   1/22 at 100.00 AA 1,472,248
1,355   Grove City, Ohio, General Obligation Bonds, Construction & Improvement Series 2009, 5.125%, 12/01/36   12/19 at 100.00 Aa1 1,378,157
2,160   Kenston Local School District, Geauga County, Ohio, General Obligation Bonds, Series 2011, 0.010%, 12/01/21   No Opt. Call Aa1 2,073,103
    Middletown City School District, Butler County, Ohio, General Obligation Bonds, Refunding Series 2007:        
3,625   5.250%, 12/01/28  –  AGM Insured   No Opt. Call A2 4,582,725
4,500   5.250%, 12/01/31  –  AGM Insured   No Opt. Call A2 5,786,460
1,305   Monroe Local School District, Butler County, Ohio, General Obligation Bonds, Series 2006, 5.500%, 12/01/24  –  AMBAC Insured   No Opt. Call A1 1,541,805
725   Napoleon City School District, Henry County, Ohio, General Obligation Bonds, Facilities Construction & Improvement Series 2012, 5.000%, 12/01/36   6/22 at 100.00 Aa3 784,979
2,880   Ohio State, General Obligation Bonds, Higher Education, Series 2017A, 5.000%, 5/01/36   5/25 at 100.00 AA+ 3,350,074
3,000   Ohio State, General Obligation Bonds, Highway Capital Improvement, Series 2014R, 5.000%, 5/01/29   5/24 at 100.00 AAA 3,479,610
    Ohio State, General Obligation Bonds, Highway Capital Improvement, Series 2018V:        
2,500   5.000%, 5/01/33   5/28 at 100.00 AAA 3,113,325
1,250   5.000%, 5/01/34   5/28 at 100.00 AAA 1,550,737
5,000   South Euclid, Ohio, General Obligation Bonds, Real Estate Acquisition and Urban Redevelopment, Series 2012, 5.000%, 6/01/42   6/22 at 100.00 Aa2 5,427,300
4,000   Southwest Local School District, Hamilton and Butler Counties, Ohio, General Obligation Bonds, School Improvement Series 2018A, 4.000%, 1/15/55   1/28 at 100.00 Aa2 4,228,120
450   South-Western City School District, Franklin and Pickaway Counties, Ohio, General Obligation Bonds, School Facilities Construction & Improvement Series 2012, 5.000%, 12/01/36   6/22 at 100.00 AA 490,509
1,500   Springboro Community City School District, Warren County, Ohio, General Obligation Bonds, Refunding Series 2007, 5.250%, 12/01/32   No Opt. Call AA 1,975,875
1,000   Upper Arlington City School District, Franklin County, Ohio, General Obligation Bonds, School Facilities & Improvement Series 2018A, 5.000%, 12/01/48   12/27 at 100.00 AAA 1,193,490
60,260   Total Tax Obligation/General       66,865,957
    Tax Obligation/Limited – 38.0% (24.8% of Total Investments)        
8,045   Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien Series 2015A-2, 5.000%, 10/01/37   10/23 at 100.00 AA+ 8,954,326
4

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien Series 2017B-2:        
$1,250   5.000%, 10/01/31   4/28 at 100.00 AA $1,541,263
1,000   5.000%, 10/01/32   4/28 at 100.00 AA 1,224,450
3,000   Cleveland, Ohio, Income Tax Revenue Bonds, Public Facilities Improvements, Series 2014A-1, 5.000%, 11/15/38   11/23 at 100.00 AA 3,349,410
    Cleveland, Ohio, Income Tax Revenue Bonds, Subordinate Lien Improvement and Refunding Series 2017A-2:        
435   5.000%, 10/01/30   10/27 at 100.00 AA 533,732
700   5.000%, 10/01/33   10/27 at 100.00 AA 845,208
500   Columbus-Franklin County Finance Authority, Ohio, Development Revenue Bonds, Hubbard Avenue Parking Facility Project, Series 2012A, 5.000%, 12/01/36   12/19 at 100.00 BBB 504,210
6,750   Cuyahoga County, Ohio, Economic Development Revenue Bonds, Medical Mart-Convention Center Project, Recovery Zone Facility Series 2010F, 5.000%, 12/01/27   12/20 at 100.00 AA 7,098,772
    Cuyahoga County, Ohio, Sales Tax Revenue Bonds, Refunding Various Purpose Series 2014:        
1,815   5.000%, 12/01/32   12/24 at 100.00 AAA 2,123,042
1,415   5.000%, 12/01/33   12/24 at 100.00 AAA 1,651,432
1,000   5.000%, 12/01/34   12/24 at 100.00 AAA 1,164,290
945   5.000%, 12/01/35   12/24 at 100.00 AAA 1,097,892
300   Delaware County District Library, Ohio, Library Fund Library Facilities Special Obligation Notes, Series 2009, 5.000%, 12/01/34   12/19 at 100.00 Aa2 305,094
1,920   Dublin, Ohio, Special Obligation Non-Tax Revenue Bonds, Series 2015A, 5.000%, 12/01/44   12/25 at 100.00 Aa1 2,222,899
10,350   Franklin County Convention Facilities Authority, Ohio, Excise Tax and Lease Revenue Bonds, Columbus City & Franklin County Lessees, Refunding Anticipation Series 2014, 5.000%, 12/01/35   12/24 at 100.00 Aa1 12,001,135
    Franklin County, Ohio, Sales Tax Revenue Bonds, Various Purpose Series 2018:        
2,120   5.000%, 6/01/36   6/28 at 100.00 AAA 2,610,483
1,155   5.000%, 6/01/37   6/28 at 100.00 AAA 1,417,162
6,500   5.000%, 6/01/43   6/28 at 100.00 AAA 7,876,505
5,535   5.000%, 6/01/48   6/28 at 100.00 AAA 6,666,465
1,000   Greater Cleveland Regional Transit Authority, Ohio, Sales Tax Supported Capital Improvement Bonds, Refunding Series 2015, 5.000%, 12/01/34   12/25 at 100.00 AA+ 1,175,730
5,565   Hamilton County, Ohio, Sales Tax Bonds, Subordinate Series 2000B, 0.000%, 12/01/28  –  AGM Insured   No Opt. Call AA 4,526,961
5,000   Hamilton County, Ohio, Sales Tax Revenue Bonds, Refunding Series 2011A, 5.000%, 12/01/31   12/21 at 100.00 A1 5,396,450
20,700   JobsOhio Beverage System, Ohio, Statewide Liquor Profits Revenue Bonds, Senior Lien Series 2013A, 5.000%, 1/01/38   1/23 at 100.00 AA 22,770,828
1,000   New Albany Community Authority, Ohio, Community Facilities Revenue Refunding Bonds, Series 2012C, 5.000%, 10/01/24   10/22 at 100.00 Aa3 1,106,670
5

NUO Nuveen Ohio Quality Municipal Income Fund (continued)
  Portfolio of Investments May 31, 2019
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
    Ohio State, Capital Facilities Lease-Appropriation Bonds, Parks & Recreation Improvement Fund Projects, Series 2017A:        
$915   5.000%, 12/01/31   12/27 at 100.00 AA $1,124,233
1,345   5.000%, 12/01/32   12/27 at 100.00 AA 1,647,450
1,250   Pickaway County, Ohio, Sales Tax Special Obligation Bonds, Series 2019, 5.000%, 12/01/48   12/28 at 100.00 AA 1,468,588
1,845   Pinnacle Community Infrastructure Financing Authority, Grove City, Ohio, Community Facilities Bonds, Series 2015A, 4.250%, 12/01/36  –  AGM Insured   12/25 at 100.00 AA 1,985,792
400   Port of Greater Cincinnati Development Authority, Ohio, Special Obligation Development TIF Revenue Bonds, RBM Development - Phase 2B Project, Series 2018A, 6.000%, 12/01/50   12/28 at 100.00 N/R 431,188
4,700   Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1, 4.550%, 7/01/40   7/28 at 100.00 N/R 4,680,918
    Riversouth Authority, Ohio, Riversouth Area Redevelopment Bonds, Payable from City of Columbus, Ohio Annual Rental Appropriations, Refunding Series 2012A:        
1,645   5.000%, 12/01/23   12/22 at 100.00 AA+ 1,840,146
1,200   5.000%, 12/01/24   12/22 at 100.00 AA+ 1,341,492
    Vermilion Local School District, Erie and Lorain Counties, Ohio, Certificates of Participation, School Facilities Project, Series 2012:        
765   5.000%, 12/01/24   12/20 at 100.00 Aa3 802,669
805   5.000%, 12/01/25   12/20 at 100.00 Aa3 844,276
2,450   Westerville City School District, Franklin and Delaware Counties, Ohio, Certificates of Participation, School Facilities Project, Series 2018, 5.000%, 12/01/39   12/27 at 100.00 Aa2 2,908,370
105,320   Total Tax Obligation/Limited       117,239,531
    Transportation – 19.5% (12.7% of Total Investments)        
    Cleveland, Ohio, Airport System Revenue Bonds, Series 2012A:        
2,150   5.000%, 1/01/30   1/22 at 100.00 A 2,312,433
1,500   5.000%, 1/01/31  –  AGM Insured   1/22 at 100.00 AA 1,615,290
    Dayton, Ohio, Airport Revenue Bonds, James M Cox International Airport, Series 2015B:        
860   5.000%, 12/01/33  –  AGM Insured   12/23 at 100.00 AA 952,570
500   5.000%, 12/01/34  –  AGM Insured   12/23 at 100.00 AA 552,925
    Ohio State, Private Activity Bonds, Portsmouth Gateway Group, LLC - Borrower, Portsmouth Bypass Project, Series 2015:        
2,500   5.000%, 12/31/35  –  AGM Insured (AMT)   6/25 at 100.00 AA 2,835,225
3,000   5.000%, 12/31/39  –  AGM Insured (AMT)   6/25 at 100.00 AA 3,369,780
4,250   5.000%, 6/30/53 (AMT)   6/25 at 100.00 A- 4,600,667
    Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Project, Junior Lien Series 2013A-1:        
2,050   5.250%, 2/15/39   2/23 at 100.00 Aa3 2,286,734
10,915   5.000%, 2/15/48   2/23 at 100.00 Aa3 11,915,469
15,000   Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Projects, Junior Lien Series 2018A, 5.000%, 2/15/46 (UB)   2/28 at 100.00 Aa3 17,866,350
6

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Transportation (continued)        
    Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Projects, Junior Lien, Capital Appreciation Series 2013A-2:        
$5,000   0.000%, 2/15/37   No Opt. Call Aa3 $2,931,550
11,260   0.010%, 2/15/38   No Opt. Call Aa3 6,348,501
5,000   0.000%, 2/15/40   No Opt. Call Aa3 2,589,950
63,985   Total Transportation       60,177,444
    U.S. Guaranteed – 19.5% (12.7% of Total Investments) (6)        
1,950   Allen County, Ohio, Hospital Facilities Revenue Bonds, Catholic Healthcare Partners, Series 2010A, 5.250%, 6/01/38 (Pre-refunded 6/01/20)   6/20 at 100.00 AA- 2,021,116
    Butler County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2010:        
1,165   5.500%, 11/01/40 (Pre-refunded 11/01/20)   11/20 at 100.00 N/R 1,229,180
2,335   5.500%, 11/01/40 (Pre-refunded 11/01/20)   11/20 at 100.00 A 2,463,635
    Central Ohio Solid Waste Authority, General Obligation Bonds, Refunding & Improvements, Series 2012:        
110   5.000%, 12/01/26 (Pre-refunded 6/01/22)   6/22 at 100.00 N/R 121,393
1,140   5.000%, 12/01/26 (Pre-refunded 6/01/22)   6/22 at 100.00 Aaa 1,259,825
245   5.000%, 12/01/28 (Pre-refunded 6/01/22)   6/22 at 100.00 N/R 270,375
2,545   5.000%, 12/01/28 (Pre-refunded 6/01/22)   6/22 at 100.00 Aaa 2,812,505
160   5.000%, 12/01/29 (Pre-refunded 6/01/22)   6/22 at 100.00 N/R 176,571
1,605   5.000%, 12/01/29 (Pre-refunded 6/01/22)   6/22 at 100.00 Aaa 1,773,702
    Cincinnati, Ohio, General Obligation Bonds, Various Purpose, Refunding Series 2012A:        
1,960   5.000%, 12/01/31 (Pre-refunded 12/01/20)   12/20 at 100.00 AA 2,064,390
875   5.000%, 12/01/32 (Pre-refunded 12/01/20)   12/20 at 100.00 AA 921,603
8,150   Cincinnati, Ohio, Water System Revenue Bonds, Series 2012A, 5.000%, 12/01/37 (Pre-refunded 12/01/21)   12/21 at 100.00 AAA 8,868,096
2,000   Cleveland, Ohio, General Obligation Bonds, Series 2011, 5.000%, 12/01/29 (Pre-refunded 12/01/19)   12/19 at 100.00 AA+ 2,035,640
    Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien Series 2013A-2:        
1,315   5.000%, 10/01/27 (Pre-refunded 10/01/23)   10/23 at 100.00 AA 1,509,396
1,520   5.000%, 10/01/30 (Pre-refunded 10/01/23)   10/23 at 100.00 AA 1,744,702
1,600   5.000%, 10/01/31 (Pre-refunded 10/01/23)   10/23 at 100.00 AA 1,836,528
2,705   Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien Series 2015A-2, 5.000%, 10/01/37 (Pre-refunded 10/01/23)   10/23 at 100.00 N/R 3,104,880
    Cleveland, Ohio, Water Revenue Bonds, Refunding Second Lien Series 2012A:        
2,500   5.000%, 1/01/25 (Pre-refunded 1/01/22)   1/22 at 100.00 AA 2,724,150
1,975   5.000%, 1/01/26 (Pre-refunded 1/01/22)   1/22 at 100.00 AA 2,152,078
1,140   Columbia Local School District, Lorain County, Ohio, General Obligation Bonds, School Facilities Improvement Series 2011, 5.000%, 11/01/39 (Pre-refunded 11/01/21)  –  AGM Insured   11/21 at 100.00 A1 1,237,128
7

NUO Nuveen Ohio Quality Municipal Income Fund (continued)
  Portfolio of Investments May 31, 2019
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (6) (continued)        
    Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children's Hospital Project, Improvement Series 2009:        
$250   5.000%, 11/01/34 (Pre-refunded 11/01/19)   11/19 at 100.00 Aa2 $253,545
2,615   5.250%, 11/01/40 (Pre-refunded 11/01/19)   11/19 at 100.00 Aa2 2,654,722
    Greater Cleveland Regional Transit Authority, Ohio, Sales Tax Supported Capital Improvement Bonds, Refunding Series 2012:        
1,010   5.250%, 12/01/27 (Pre-refunded 12/01/21)   12/21 at 100.00 AA+ 1,103,849
1,090   5.250%, 12/01/28 (Pre-refunded 12/01/21)   12/21 at 100.00 AA+ 1,191,283
760   5.250%, 12/01/30 (Pre-refunded 12/01/21)   12/21 at 100.00 AA+ 830,619
600   5.000%, 12/01/31 (Pre-refunded 12/01/21)   12/21 at 100.00 AA+ 652,092
3,225   Hancock County, Ohio, Hospital Revenue Bonds, Blanchard Valley Regional Health Center, Series 2011A, 6.250%, 12/01/34 (Pre-refunded 6/01/21)   6/21 at 100.00 A+ 3,525,151
3,965   Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series 2011A, 6.000%, 11/15/41 (Pre-refunded 11/15/21)   11/21 at 100.00 Baa1 4,393,141
2,000   Northeast Ohio Regional Sewer District, Wastewater Improvement Revenue Bonds, Series 2013, 5.000%, 11/15/38 (Pre-refunded 5/15/23)   5/23 at 100.00 AA+ 2,271,420
945   Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Summa Health System Project, Series 2010, 5.750%, 11/15/40 (Pre-refunded 5/15/20)  –  AGM Insured   5/20 at 100.00 AA 982,346
1,800   South-Western City School District, Franklin and Pickaway Counties, Ohio, General Obligation Bonds, School Facilities Construction & Improvement Series 2012, 5.000%, 12/01/36 (Pre-refunded 6/01/22)   6/22 at 100.00 N/R 1,986,426
55,255   Total U.S. Guaranteed       60,171,487
    Utilities – 5.8% (3.8% of Total Investments)        
1,500   American Municipal Power Ohio Inc, Prairie State Energy Campus Project Revenue Bonds, Series 2015A, 5.000%, 2/15/42   2/24 at 100.00 A1 1,673,175
1,430   American Municipal Power, Inc, Ohio, Greenup Hydroelectric Project Revenue Bonds, Refunding Series 2016A, 5.000%, 2/15/41   2/26 at 100.00 A1 1,638,051
1,660   American Municipal Power, Inc, Ohio, Solar Electricity Prepayment Project Revenue Bonds, Green Bonds Series 2019A, 5.000%, 2/15/44   2/29 at 100.00 A 1,959,348
1,565   Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B-1, 0.000%, 11/15/33  –  NPFG Insured   No Opt. Call A- 1,019,394
    Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B-2:        
2,000   0.010%, 11/15/28  –  NPFG Insured   No Opt. Call A- 1,575,160
6,895   0.000%, 11/15/32  –  NPFG Insured   No Opt. Call A- 4,654,470
2,155   0.000%, 11/15/34  –  NPFG Insured   No Opt. Call A- 1,346,250
1,500   Ohio Air Quality Development Authority, Air Quality Revenue Refunding Bonds, Columbus Southern Power Company Project, Series 2009B, 5.800%, 12/01/38   12/19 at 100.00 A2 1,526,700
2,000   Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (5)   No Opt. Call N/R 1,850,000
950   Ohio Municipal Electric Generation Agency, Beneficial Interest Certificates, Belleville Hydroelectric Project - Joint Venture 5, Series 2001, 0.010%, 2/15/29  –  NPFG Insured   No Opt. Call A1 747,051
21,655   Total Utilities       17,989,599
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Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Water and Sewer – 11.6% (7.6% of Total Investments)        
$8,000   Cincinnati, Ohio, Water System Revenue Bonds, Series 2016A, 5.000%, 12/01/46   12/26 at 100.00 AAA $9,479,840
2,035   Cleveland, Ohio, Water Revenue Bonds, Senior Lien Series 2012X, 5.000%, 1/01/42   1/22 at 100.00 AA+ 2,190,881
375   Cleveland, Ohio, Waterworks First Mortgage Revenue Refunding and Improvement Bonds, Series 1993G, 5.500%, 1/01/21  –  NPFG Insured   No Opt. Call Aa1 390,885
1,275   Hamilton County, Ohio, Sewer System Revenue Bonds, Metropolitan Sewer District of Greater Cincinnati, Refunding Series 2014A, 5.000%, 12/01/31   12/24 at 100.00 AA+ 1,487,287
2,025   Ironton, Ohio, Sewer System Improvement Revenue Bonds, Series 2011, 5.250%, 12/01/40  –  AGM Insured   12/20 at 100.00 A2 2,092,392
    Northeast Ohio Regional Sewer District, Wastewater Improvement Revenue Bonds, Refunding & Improvement Series 2014:        
2,950   5.000%, 11/15/39   11/24 at 100.00 AA+ 3,387,219
1,400   5.000%, 11/15/44   11/24 at 100.00 AA+ 1,599,122
    Toledo, Ohio, Sewerage System Revenue Bonds, Refunding Series 2013:        
820   5.000%, 11/15/25   11/23 at 100.00 Aa3 933,021
605   5.000%, 11/15/26   11/23 at 100.00 Aa3 686,996
1,075   5.000%, 11/15/27   11/23 at 100.00 Aa3 1,218,728
695   5.000%, 11/15/28   11/23 at 100.00 Aa3 787,602
10,000   Toledo, Ohio, Water System Revenue Bonds, Refunding & Improvement Series 2016, 5.000%, 11/15/41 (UB) (4)   11/26 at 100.00 AA- 11,702,700
31,255   Total Water and Sewer       35,956,673
$445,502   Total Long-Term Investments (cost $441,693,170)       472,771,121
    Floating Rate Obligations – (6.5)%       (20,000,000)
    Variable Rate Demand Preferred Shares, net of deferred offering costs – (47.8)% (7)       (147,762,015)
    Other Assets Less Liabilities – 1.2%       3,820,267
    Net Asset Applicable to Common Shares – 100%       $308,829,373
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
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.
9

NUO Nuveen Ohio Quality Municipal Income Fund (continued)
  Portfolio of Investments May 31, 2019
  (Unaudited)
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 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 the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Municipal Bonds $ — $472,771,121 $ — $472,771,121
    
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
(4) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions.  
(5) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(6) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
(7) Variable Rate Demand Preferred Shares, net of deferred offering costs as a percentage of Total Investments is 31.3%.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
AMT Alternative Minimum Tax  
IF Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust.  
UB Underlying bond of an inverse floating rate trust reflected as a financing transaction.  
10