NPORT-EX 2 NUO.htm
NUO
Nuveen Ohio Quality Municipal Income Fund
Portfolio of Investments    May 31, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 150.3% (100.0% of Total Investments)        
    MUNICIPAL BONDS – 149.7% (99.6% of Total Investments)        
    Consumer Discretionary  – 1.0% (0.7% of Total Investments)        
$2,680   Franklin County Convention Facilities Authority, Ohio, Hotel Project Revenue Bonds, Greater Columbus Convention Center Hotel Expansion Project, Series 2019, 5.000%, 12/01/51   12/29 at 100.00 BBB- $3,133,912
    Consumer Staples  – 4.8% (3.2% of Total Investments)        
20,605   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Capital Appreciation Series 2020B-3 Class 2, 0.000%, 6/01/57   6/30 at 22.36 N/R 3,318,847
1,025   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1, 4.000%, 6/01/48   6/30 at 100.00 BBB+ 1,186,612
9,555   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2, 5.000%, 6/01/55   6/30 at 100.00 N/R 11,076,443
31,185   Total Consumer Staples       15,581,902
    Education and Civic Organizations – 12.1% (8.0% of Total Investments)        
725   Allen County Port Authority Economic Development, Ohio, Revenue Bonds, University of Northwestern, Refunding Series 2021A, 4.000%, 12/01/40   6/31 at 100.00 BBB- 824,209
    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 1,570,046
1,200   5.000%, 12/01/33   6/27 at 100.00 Aa2 1,440,528
505   5.000%, 12/01/34   6/27 at 100.00 Aa2 605,227
    Miami University of Ohio, General Receipts Bonds, Series 2012:        
480   4.000%, 9/01/32   9/22 at 100.00 AA 500,342
1,000   4.000%, 9/01/33   9/22 at 100.00 AA 1,041,740
    Miami University of Ohio, General Receipts Revenue Bonds, Refunding Series 2011:        
130   5.000%, 9/01/33   9/21 at 100.00 AA 131,570
1,960   5.000%, 9/01/36   9/21 at 100.00 AA 1,983,677
    Miami University of Ohio, General Receipts Revenue Bonds, Refunding Series 2014:        
4,375   5.000%, 9/01/33   9/24 at 100.00 AA 4,972,756
2,500   4.000%, 9/01/39   9/24 at 100.00 AA 2,728,600
2,585   Miami University of Ohio, General Receipts Revenue Bonds, Refunding Series 2017, 5.000%, 9/01/41   9/26 at 100.00 AA 3,117,407
1,125   Miami University of Ohio, General Receipts Revenue Bonds, Refunding Series 2020A, 4.000%, 9/01/45   9/30 at 100.00 AA 1,346,108
1

NUO Nuveen Ohio Quality Municipal Income Fund (continued)
  Portfolio of Investments May 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
    Ohio Higher Educational Facilities Commission, Revenue Bonds, Denison University Project, Series 2012:        
$120   5.000%, 11/01/27   5/22 at 100.00 AA $124,936
590   5.000%, 11/01/32   5/22 at 100.00 AA 614,184
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+ 5,315,450
1,000   Ohio State University, General Receipts Bonds, Multiyear Debt Issuance Program, Series 2020A, 5.000%, 12/01/29   No Opt. Call Aa1 1,327,450
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 1,093,630
1,000   University of Cincinnati, Ohio, General Receipts Bonds, Green Bond Series 2014C, 5.000%, 6/01/41   12/24 at 100.00 AA- 1,139,140
3,175   University of Cincinnati, Ohio, General Receipts Bonds, Series 2016C, 5.000%, 6/01/46   6/26 at 100.00 AA- 3,791,648
1,375   University of Kentucky, General Receipts Bonds, University of Kentucky Mixed-Use Parking Project, Series 2019A, 4.000%, 5/01/44   5/29 at 100.00 AA- 1,583,340
    Youngstown State University, Ohio, General Receipts Bonds, Refunding Series 2017:        
1,555   5.000%, 12/15/29   12/26 at 100.00 A+ 1,881,737
1,670   5.000%, 12/15/30   12/26 at 100.00 A+ 2,012,550
34,375   Total Education and Civic Organizations       39,146,275
    Health Care – 12.8% (8.5% 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- 3,246,480
    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- 2,726,685
1,000   5.000%, 12/01/47   12/27 at 100.00 A- 1,195,750
2,945   Colorado Health Facilities Authority, Colorado, Revenue Bonds, AdventHealth Obligated Group, Series 2019A, 4.000%, 11/15/43   11/29 at 100.00 AA 3,457,784
1,660   Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 4.000%, 8/01/49   8/29 at 100.00 BBB+ 1,880,647
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 Ba2 2,482,512
1,730   Franklin County, Ohio, Revenue Bonds, Trinity Health Credit Group, Series 2017A, 5.000%, 12/01/47   12/27 at 100.00 AA- 2,105,341
200   Franklin County, Ohio, Revenue Bonds, Trinity Health Credit Group, Series 2019A, 4.000%, 12/01/49   12/29 at 100.00 AA- 234,242
300   Lake County, Ohio, Hospital Facilities Revenue Bonds, Lake Hospital System, Inc, Refunding Series 2008C, 6.000%, 8/15/43   6/21 at 100.00 A- 301,020
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 826,970
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+ 6,344,133
2

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
$4,500   North Carolina Medical Care Commission, Health Care Facilities Revenue Bonds, Novant Health Obligated Group, Series 2019A, 4.000%, 11/01/49   11/29 at 100.00 AA- $5,233,410
2,090   Ohio State, Hospital Revenue Bonds, Cleveland Clinic Health System Obligated Group, Refunding Series 2017A, 5.000%, 1/01/33   1/28 at 100.00 AA 2,627,903
    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 1,067,780
2,000   5.000%, 1/15/29   1/23 at 100.00 A 2,130,860
1,605   Ross County, Ohio, Hospital Facilities Revenue Bonds, Adena Health System Obligated Group Project, Refunding & Improvement Series 2019, 5.000%, 12/01/44   12/29 at 100.00 A- 1,994,437
555   Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-1, 4.000%, 8/01/44   8/29 at 100.00 BBB+ 631,301
    Wood County, Ohio, Hospital Facilities Revenue Bonds, Wood County Hospital Project, Refunding and Improvement Series 2012:        
890   5.000%, 12/01/37   12/22 at 100.00 N/R 902,950
1,845   5.000%, 12/01/42   12/22 at 100.00 N/R 1,864,981
36,895   Total Health Care       41,255,186
    Housing/Multifamily – 1.0% (0.7% of Total Investments)        
60   Franklin County, Ohio, GNMA Collateralized Multifamily Housing Mortgage Revenue Bonds, Agler Project, Series 2002A, 5.550%, 5/20/22 (AMT)   6/21 at 100.00 Aaa 60,213
3,215   Summit County Port Authority, Ohio, Multifamily Housing Revenue Bonds, Callis Tower Apartments Project, Series 2007, 5.250%, 9/20/47 (AMT)   6/21 at 100.00 Aa1 3,221,687
3,275   Total Housing/Multifamily       3,281,900
    Industrials – 1.1% (0.7% 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 3,599,186
    Tax Obligation/General – 18.5% (12.3% 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 2,977,475
1,050   Cleveland, Ohio, General Obligation Bonds, Various Purpose Series 2018, 5.000%, 12/01/43   6/28 at 100.00 AA+ 1,288,245
    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 3,987,526
5,835   0.000%, 12/01/28  –  AGM Insured   No Opt. Call AA 5,267,255
2,250   Columbus, Ohio, General Obligation Bonds, Various Purpose Series 2018A, 5.000%, 4/01/29   10/28 at 100.00 AAA 2,912,265
500   Cuyahoga County, Ohio, General Obligation Bonds, Refunding & Capital Improvement Series 2020A, 4.000%, 12/01/34   6/30 at 100.00 AA 608,385
2,425   Cuyahoga Falls City School District, Summit County, Ohio, General Obligation Bonds, School Improvement Series 2021, 4.000%, 12/01/51  –  BAM Insured, (WI/DD, Settling 6/15/21)   6/28 at 100.00 AA 2,799,832
3

NUO Nuveen Ohio Quality Municipal Income Fund (continued)
  Portfolio of Investments May 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Dublin, Ohio, General Obligation Bonds, Limited Tax Various Purpose Series 2015:        
$900   5.000%, 12/01/32   12/25 at 100.00 Aaa $1,077,993
1,000   5.000%, 12/01/34   12/25 at 100.00 Aaa 1,195,310
1,730   Franklin County, Ohio, General Obligation Bonds, Refunding Series 2014, 5.000%, 6/01/31   12/23 at 100.00 AAA 1,932,202
    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 1,439,449
1,540   5.000%, 11/01/31   11/24 at 100.00 Aa2 1,756,524
1,005   Grandview Heights City School District, Franklin County, Ohio, General Obligation Bonds, School Facilities Construction & Improvement Series 2019, 5.000%, 12/01/53   6/29 at 100.00 AA+ 1,254,471
2,160   Kenston Local School District, Geauga County, Ohio, General Obligation Bonds, Series 2011, 0.000%, 12/01/21   No Opt. Call Aa1 2,156,631
    Lorain County, Ohio, General Obligation Bonds, Limited Tax Various Purpose Series 2020B:        
345   4.000%, 12/01/29   12/25 at 100.00 Aa2 397,050
145   4.000%, 12/01/30   12/25 at 100.00 Aa2 166,766
240   4.000%, 12/01/40   12/25 at 100.00 Aa2 268,010
415   4.000%, 12/01/45   12/25 at 100.00 Aa2 460,567
4,500   Middletown City School District, Butler County, Ohio, General Obligation Bonds, Refunding Series 2007, 5.250%, 12/01/31  –  AGM Insured   No Opt. Call A2 6,016,050
1,305   Monroe Local School District, Butler County, Ohio, General Obligation Bonds, Series 2006, 5.500%, 12/01/24  –  AMBAC Insured   No Opt. Call Aa3 1,531,130
    Ohio State, General Obligation Bonds, Highway Capital Improvement, Series 2018V:        
2,500   5.000%, 5/01/33   5/28 at 100.00 AAA 3,162,650
1,250   5.000%, 5/01/34   5/28 at 100.00 AAA 1,577,475
1,365   Ohio State, General Obligation Bonds, Infrastructure Improvement Series 2020C, 5.000%, 3/01/37   3/31 at 100.00 AA+ 1,832,936
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 4,511,520
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 2,059,275
4,000   Sycamore Community School District, Hamilton County, Ohio, General Obligation Bonds, School Improvement Series 2020, 4.000%, 12/01/45   6/29 at 100.00 AAA 4,744,960
1,200   Toledo, Ohio, General Obligation Bonds, Limited Tax Capital Improvement Series 2020, 4.000%, 12/01/35   12/30 at 100.00 A2 1,417,560
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 1,208,360
52,230   Total Tax Obligation/General       60,007,872
4

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited – 24.7% (16.5% of Total Investments)        
    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 $1,546,337
1,000   5.000%, 10/01/32   4/28 at 100.00 AA 1,234,120
    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 533,958
700   5.000%, 10/01/33   10/27 at 100.00 AA 852,775
950   Columbus-Franklin County Finance Authority, Ohio, Tax Increment Financing Revenue Bonds, Easton Project, Series 2020, 5.000%, 6/01/28, 144A   No Opt. Call N/R 1,017,878
1,920   Dublin, Ohio, Special Obligation Non-Tax Revenue Bonds, Series 2015A, 5.000%, 12/01/44   12/25 at 100.00 Aa1 2,244,691
2,500   Franklin County Convention Facilities Authority, Ohio, Lease Appropriation Bonds, Greater Columbus Convention Center Hotel Expansion Project, Series 2019, 5.000%, 12/01/46   12/29 at 100.00 AA 3,076,400
    Franklin County, Ohio, Sales Tax Revenue Bonds, Various Purpose Series 2018:        
2,120   5.000%, 6/01/36   6/28 at 100.00 AAA 2,663,547
1,155   5.000%, 6/01/37   6/28 at 100.00 AAA 1,447,608
6,500   5.000%, 6/01/43   6/28 at 100.00 AAA 8,054,930
5,535   5.000%, 6/01/48   6/28 at 100.00 AAA 6,858,474
1,220   Great Oaks Career Campuses Board of Education, Brown, Butler, Clermont, Clinton, Fayette, Greene, Hamilton, Highland, Madison, Pickaway, Ross and Warren, Ohio, Certificates of Participation, School, 4.000%, 12/01/37   12/29 at 100.00 Aa1 1,459,401
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 AAA 1,187,480
5,565   Hamilton County, Ohio, Sales Tax Bonds, Subordinate Series 2000B, 0.000%, 12/01/28  –  AGM Insured   No Opt. Call AA 4,919,961
5,000   Hamilton County, Ohio, Sales Tax Revenue Bonds, Refunding Series 2011A, 5.000%, 12/01/31   12/21 at 100.00 A1 5,106,250
6,000   Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2019-I, 4.000%, 10/15/49   10/29 at 100.00 Aa2 6,998,640
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 1,062,530
2,000   Ohio State, Capital Facilities Lease Appropriation Bonds, Juvenile Correctional Building Fund Projects, Series 2019A, 5.000%, 4/01/37   4/29 at 100.00 AA 2,544,760
955   Ohio State, Major New State Infrastructure Project Revenue Bonds, Series 2021-1A, 5.000%, 12/15/32, (WI/DD, Settling 6/08/21)   No Opt. Call AA 1,342,673
1,250   Pickaway County, Ohio, Sales Tax Specia Obligation Bonds, Series 2019, 5.000%, 12/01/48   12/28 at 100.00 AA 1,568,237
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 2,069,758
520   Port of Greater Cincinnati Development Authority, Ohio, Public Improvement TOT Revenue Bonds, Series 2021, 4.250%, 12/01/50, 144A   12/28 at 100.00 N/R 525,658
5

NUO Nuveen Ohio Quality Municipal Income Fund (continued)
  Portfolio of Investments May 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
$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 $438,356
1,000   Port of Greater Cincinnati Development Authority, Ohio, Special Obligation Tax Increment Financing Revenue Bonds, Cooperative Township Public Parking Project, Gallery at Kenwood, Senior Lien Series 2019A, 5.000%, 11/01/51   11/30 at 100.00 N/R 1,024,440
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
6,450   4.500%, 7/01/34   7/25 at 100.00 N/R 7,100,031
3,580   4.550%, 7/01/40   7/28 at 100.00 N/R 4,022,846
1,780   Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured Cofina Project Series 2019A-2A, 4.550%, 7/01/40   7/28 at 100.00 N/R 2,000,186
    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+ 1,763,127
1,200   5.000%, 12/01/24   12/22 at 100.00 AA+ 1,285,608
1,000   United Local School District, Columbiana County, Certificates of Participation, School Facilities Project, Series 2021, 4.000%, 12/01/38  –  BAM Insured, (WI/DD, Settling 6/17/21)   12/30 at 100.00 AA 1,190,370
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 2,963,838
69,925   Total Tax Obligation/Limited       80,104,868
    Transportation – 17.2% (11.4% of Total Investments)        
    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 955,271
500   5.000%, 12/01/34  –  AGM Insured   12/23 at 100.00 AA 555,390
6,835   North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2019A, 4.000%, 1/01/44   1/29 at 100.00 A+ 7,897,842
    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 2,848,150
3,000   5.000%, 12/31/39  –  AGM Insured (AMT)   6/25 at 100.00 AA 3,403,770
4,250   5.000%, 6/30/53 (AMT)   6/25 at 100.00 A3 4,786,137
    Ohio State, Turnpike Revenue Bonds, Ohio Turnpike and Infrastructutre Commission Infrastructure Projects, Junior Lien, Capital Appreciation Series 2013A-2:        
5,000   0.000%, 2/15/37   No Opt. Call Aa3 3,617,850
11,260   0.000%, 2/15/38   No Opt. Call Aa3 7,910,150
5,000   0.000%, 2/15/40   No Opt. Call Aa3 3,305,900
2,050   Ohio State, Turnpike Revenue Bonds, Ohio Turnpike and Infrastructutre Commission Infrastructure Projects, Junior Lien, Current Interest Series 2013A-1, 5.250%, 2/15/39   2/23 at 100.00 Aa3 2,214,759
15,000   Ohio State, Turnpike Revenue Bonds, Ohio Turnpike and Infrastructutre Commission, Infrastructure Projects, Junior Lien Series 2018A, 5.000%, 2/15/46 (UB) (4)   2/28 at 100.00 Aa3 18,153,450
56,255   Total Transportation       55,648,669
6

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed – 40.7% (27.1% of Total Investments) (5)        
$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 $8,350,082
8,000   Cincinnati, Ohio, Water System Revenue Bonds, Series 2016A, 5.000%, 12/01/46 (Pre-refunded 12/01/26)   12/26 at 100.00 AAA 9,934,880
    Cleveland, Ohio, Airport System Revenue Bonds, Series 2012A:        
2,150   5.000%, 1/01/30 (Pre-refunded 1/01/22)   1/22 at 100.00 A2 2,211,619
1,500   5.000%, 1/01/31 (Pre-refunded 1/01/22)  –  AGM Insured   1/22 at 100.00 AA 1,542,990
    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 1,463,963
1,520   5.000%, 10/01/30 (Pre-refunded 10/01/23)   10/23 at 100.00 AA 1,692,186
1,600   5.000%, 10/01/31 (Pre-refunded 10/01/23)   10/23 at 100.00 AA 1,781,248
    Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien Series 2015A-2:        
2,705   5.000%, 10/01/37 (Pre-refunded 10/01/23)   10/23 at 100.00 N/R 2,998,006
8,045   5.000%, 10/01/37 (Pre-refunded 10/01/23)   10/23 at 100.00 AA+ 8,956,338
3,000   Cleveland, Ohio, Income Tax Revenue Bonds, Public Facilities Improvements, Series 2014A-1, 5.000%, 11/15/38 (Pre-refunded 11/15/23)   11/23 at 100.00 AA 3,357,660
2,035   Cleveland, Ohio, Water Revenue Bonds, Senior Lien Series 2012X, 5.000%, 1/01/42 (Pre-refunded 1/01/22)   1/22 at 100.00 AA+ 2,093,323
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 Aa3 1,163,302
    Cuyahoga County, Ohio, Sales Tax Revenue Bonds, Refunding Various Purpose Series 2014:        
1,815   5.000%, 12/01/32 (Pre-refunded 12/01/24)   12/24 at 100.00 AAA 2,115,001
1,415   5.000%, 12/01/33 (Pre-refunded 12/01/24)   12/24 at 100.00 AAA 1,648,885
1,000   5.000%, 12/01/34 (Pre-refunded 12/01/24)   12/24 at 100.00 AAA 1,165,290
945   5.000%, 12/01/35 (Pre-refunded 12/01/24)   12/24 at 100.00 AAA 1,101,199
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 (Pre-refunded 12/01/24)   12/24 at 100.00 Aa1 12,060,751
250   Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Series 2011A, 5.000%, 11/15/41 (Pre-refunded 11/15/21)   11/21 at 100.00 Aa2 255,590
4,480   Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Tender Option Bond Trust 2016-XL0004, 9.294%, 11/15/41 (Pre-refunded 11/15/21), 144A (IF) (4)   11/21 at 100.00 Aa2 4,680,346
    Greater Cleveland Regional Transit Authority, Ohio, Sales Tax Supported Capital Improvement Bonds, Refunding Series 2012:        
760   5.250%, 12/01/30 (Pre-refunded 12/01/21)   12/21 at 100.00 AAA 779,600
600   5.000%, 12/01/31 (Pre-refunded 12/01/21)   12/21 at 100.00 AAA 614,730
7

NUO Nuveen Ohio Quality Municipal Income Fund (continued)
  Portfolio of Investments May 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (5) (continued)        
    Greenville City School District, Drake County, Ohio, General Obligation Bonds, School Improvement Series 2013:        
$555   5.250%, 1/01/38 (Pre-refunded 1/01/22)   1/22 at 100.00 AA $571,717
1,355   5.250%, 1/01/41 (Pre-refunded 1/01/22)   1/22 at 100.00 AA 1,395,813
20,700   JobsOhio Beverage System, Ohio, Statewide Liquor Profits Revenue Bonds, Senior Lien Series 2013A, 5.000%, 1/01/38 (Pre-refunded 1/01/23)   1/23 at 100.00 AA+ 22,301,352
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 BBB 4,071,222
725   Napoleon City School District, Henry County, Ohio, General Obligation Bonds, Facilities Construction & Improvement Series 2012, 5.000%, 12/01/36 (Pre-refunded 6/01/22)   6/22 at 100.00 Aa3 760,547
    Northeast Ohio Regional Sewer District, Wastewater Improvement Revenue Bonds, Refunding & Improvement Series 2014:        
2,950   5.000%, 11/15/39 (Pre-refunded 11/15/24)   11/24 at 100.00 AA+ 3,431,410
1,400   5.000%, 11/15/44 (Pre-refunded 11/15/24)   11/24 at 100.00 AA+ 1,628,466
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+ 2,190,720
1,100   Ohio Higher Educational Facilities Commission, Hospital Revenue Bonds, Cleveland Clinic Health System Obligated Group, Series 2012A, 5.000%, 1/01/38 (Pre-refunded 1/01/22)   1/22 at 100.00 Aa2 1,131,526
10,915   Ohio State, Turnpike Revenue Bonds, Ohio Turnpike and Infrastructutre Commission Infrastructure Projects, Junior Lien, Current Interest Series 2013A-1, 5.000%, 2/15/48 (Pre-refunded 2/15/23)   2/23 at 100.00 Aa3 11,814,833
1,000   Ohio University at Athens, General Receipts Bonds, Series 2013, 5.000%, 12/01/39 (Pre-refunded 12/01/22)   12/22 at 100.00 Aa3 1,073,440
5,000   South Euclid, Ohio, General Obligation Bonds, Real Estate Acquisition and Urban Redevelopment, Series 2012, 5.000%, 6/01/42 (Pre-refunded 6/01/22)   6/22 at 100.00 Aa3 5,245,150
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 (Pre-refunded 6/01/22)   6/22 at 100.00 AA 472,064
    Wood County, Ohio, Hospital Facilities Revenue Bonds, Wood County Hospital Project, Refunding and Improvement Series 2012:        
1,780   5.000%, 12/01/37 (Pre-refunded 12/01/22)   12/22 at 100.00 N/R 1,903,763
3,665   5.000%, 12/01/42 (Pre-refunded 12/01/22)   12/22 at 100.00 N/R 3,919,827
120,335   Total U.S. Guaranteed       131,878,839
    Utilities – 15.8% (10.5% 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 1,661,670
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 1,695,394
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 2,051,162
1,815   Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B-1, 0.000%, 11/15/33  –  NPFG Insured   No Opt. Call A- 1,412,832
8

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Utilities (continued)        
    Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B-2:        
$2,000   0.000%, 11/15/28  –  NPFG Insured   No Opt. Call A- $1,791,180
6,895   0.000%, 11/15/32  –  NPFG Insured   No Opt. Call A- 5,527,308
2,155   0.000%, 11/15/34  –  NPFG Insured   No Opt. Call A- 1,634,955
3,380   Fort Myers, Florida, Utility System Revenue Bonds, Refunding Series 2019A, 4.000%, 10/01/44   10/28 at 100.00 Aa3 3,921,307
1,000   Hamilton County, Ohio, Sewer System Revenue Bonds, Metropolitan Sewer District of Greater Cincinnati, Refunding Series 2020A, 5.000%, 12/01/35   12/30 at 100.00 AA+ 1,329,130
2,000   Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (6)   No Opt. Call N/R 2,500
950   Ohio Municipal Electric Generation Agency, Beneficial Interest Certificates, Belleville Hydroelectric Project - Joint Venture 5, Series 2001, 0.000%, 2/15/29  –  NPFG Insured   No Opt. Call A1 838,641
3,225   Ohio Water Development Authority, Revenue Bonds, Fresh Water Development, Series 2019, 5.000%, 6/01/44   12/29 at 100.00 AAA 4,158,379
4,500   Ohio Water Development Authority, Water Pollution Control Loan Fund Revenue Bonds, Series 2020A, 5.000%, 12/01/50   6/30 at 100.00 AAA 5,825,295
2,290   Saint Charles County Public Water Supply District 2, Missouri, Certificates of Participation, Missouri Project Series 2019, 4.000%, 12/01/41   12/25 at 100.00 AA+ 2,525,046
    Toledo, Ohio, Sewerage System Revenue Bonds, Refunding Series 2013:        
820   5.000%, 11/15/25   11/23 at 100.00 Aa3 912,316
605   5.000%, 11/15/26   11/23 at 100.00 Aa3 673,897
1,075   5.000%, 11/15/27   11/23 at 100.00 Aa3 1,194,336
695   5.000%, 11/15/28   11/23 at 100.00 Aa3 772,152
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- 11,960,200
1,000   Warm Springs Reservation Confederated Tribes, Oregon, Hydroelectric Revenue Bonds, Tribal Economic Development Bond Pelton Round Butte Project, Taxable Refunding Green Series 2019B, 5.000%, 11/01/39, 144A   5/29 at 100.00 A3 1,186,550
48,995   Total Utilities       51,074,250
$459,645   Total Municipal Bonds (cost $439,782,954)       484,712,859
    
Shares   Description (1)       Value
    COMMON STOCKS  –  0.6% (0.4% of Total Investments)        
    Electric Utilities – 0.6% (0.4% of Total Investments)        
64,677   Energy Harbor Corp (7), (8), (9)       $2,058,863
    Total Common Stocks (cost $1,843,715)       2,058,863
    Total Long-Term Investments (cost $441,626,669)       486,771,722
    Floating Rate Obligations – (6.2)%       (20,000,000)
    Variable Rate Demand Preferred Shares, net of deferred offering costs – (45.6)% (10)       (147,781,649)
    Other Assets Less Liabilities – 1.5%       4,874,057
    Net Asset Applicable to Common Shares – 100%       $323,864,130
9

NUO Nuveen Ohio Quality Municipal Income Fund (continued)
  Portfolio of Investments May 31, 2021
  (Unaudited)
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Municipal Bonds $ — $484,712,859 $ — $484,712,859
Common Stocks  — 2,058,863  — 2,058,863
Total $ — $486,771,722 $ — $486,771,722
    
(1) All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
(4) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
(6) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(7) Common Stock received as part of the bankruptcy settlement for Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23.  
(8) For fair value measurement disclosure purposes, investment classified as Level 2.  
(9) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(10) Variable Rate Demand Preferred Shares, net of deferred offering costs as a percentage of Total Investments is 30.4%.  
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. See Notes to Financial Statements, Note 4  –  Portfolio Securities and Investments in Derivatives for more information.  
WI/DD Purchased on a when-issued or delayed delivery basis.  
10