UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-21213
Nuveen AMT-Free Quality Municipal Income Fund
(Exact name of registrant as specified in charter)
Nuveen Investments
333 West Wacker Drive, Chicago, Illinois 60606
(Address of principal executive offices) (Zip code)
Gifford R. Zimmerman
Vice President and Secretary
333 West Wacker Drive, Chicago, Illinois 60606
(Name and address of agent for service)
Registrants telephone number, including area code: 312-917-7700
Date of fiscal year end: October 31
Date of reporting period: January 31, 2019
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (OMB) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. Schedule of Investments
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
LONG-TERM INVESTMENTS – 159.4% (99.7% of Total Investments) | ||||||
MUNICIPAL BONDS – 159.4% (99.7% of Total Investments) | ||||||
Alabama – 0.9% (0.6% of Total Investments) | ||||||
$ 4,250 | Infirmary Health System Special Care Facilities Financing Authority of Mobile, Alabama, Revenue Bonds, Infirmary Health System, Inc., Series 2016A, 5.000%, 2/01/41 | 2/26 at 100.00 | BBB+ | $4,576,783 | ||
20,675 | Lower Alabama Gas District, Alabama, Gas Project Revenue Bonds, Series 2016A, 5.000%, 9/01/46 | No Opt. Call | A3 | 24,185,615 | ||
4,900 | Mobile Spring Hill College Educational Building Authority, Alabama, Revenue Bonds, Spring Hill College Project, Series 2015, 5.875%, 4/15/45 | 4/25 at 100.00 | N/R | 5,023,382 | ||
29,825 | Total Alabama | 33,785,780 | ||||
Alaska – 0.7% (0.4% of Total Investments) | ||||||
Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, Series 2006A: | ||||||
17,040 | 5.000%, 6/01/32 | 3/19 at 100.00 | B3 | 16,523,006 | ||
10,070 | 5.000%, 6/01/46 | 4/19 at 100.00 | B3 | 9,308,205 | ||
1,500 | Valdez, Alaska, Marine Terminal Revenue Bonds, Exxon Pipeline Company Project, Series 1993B, 1.670%, 12/01/33 | 4/19 at 100.00 | AA+ | 1,500,000 | ||
28,610 | Total Alaska | 27,331,211 | ||||
Arizona – 2.0% (1.3% of Total Investments) | ||||||
1,460 | Apache County Industrial Development Authority, Arizona, Pollution Control Revenue Bonds, Tucson Electric Power Company, Series 20102A, 4.500%, 3/01/30 | 3/22 at 100.00 | A- | 1,529,102 | ||
1,025 | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Academies of Math & Science Projects, Series 2017A, 5.000%, 7/01/51 | 7/27 at 100.00 | AA- | 1,110,485 | ||
Arizona State, Certificates of Participation, Series 2010A: | ||||||
2,800 | 5.250%, 10/01/28 – AGM Insured | 10/19 at 100.00 | Aa3 | 2,865,660 | ||
3,500 | 5.000%, 10/01/29 – AGM Insured | 10/19 at 100.00 | Aa3 | 3,576,370 | ||
7,500 | Arizona State, State Lottery Revenue Bonds, Series 2010A, 5.000%, 7/01/29 – AGC Insured | 1/20 at 100.00 | Aa3 | 7,717,200 | ||
7,115 | Lake Havasu City, Arizona, Wastewater System Revenue Bonds, Refunding Senior Lien Series 2015B, 5.000%, 7/01/43 – AGM Insured | 7/25 at 100.00 | A2 | 7,991,710 | ||
1,315 | Maricopa County Industrial Development Authority, Arizona, Hospital Revenue Bonds, HonorHealth, Series 2019A, 5.000%, 9/01/42 | 9/28 at 100.00 | A2 | 1,455,100 | ||
5,135 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Refunding Series 2016A, 4.000%, 1/01/36 | 1/27 at 100.00 | AA- | 5,361,454 | ||
7,780 | Phoenix Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Junior Lien Series 2010A, 5.000%, 7/01/40 (Pre-refunded 7/01/20) | 7/20 at 100.00 | A+ (4) | 8,141,226 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Arizona (continued) | ||||||
Phoenix Civic Improvement Corporation, Arizona, Revenue Bonds, Civic Plaza Expansion Project, Series 2005B: | ||||||
$ 6,545 | 5.500%, 7/01/37 – FGIC Insured | No Opt. Call | AA | $8,413,990 | ||
10,000 | 5.500%, 7/01/40 – FGIC Insured | No Opt. Call | AA | 12,941,900 | ||
3,000 | Queen Creek, Arizona, Excise Tax & State Shared Revenue Obligation Bonds, Series 2018A, 5.000%, 8/01/47 | 8/28 at 100.00 | AA | 3,433,740 | ||
11,080 | Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc. Prepay Contract Obligations, Series 2007, 5.000%, 12/01/37 | No Opt. Call | BBB+ | 12,904,765 | ||
68,255 | Total Arizona | 77,442,702 | ||||
Arkansas – 0.1% (0.1% of Total Investments) | ||||||
5,080 | Independence County, Arkansas, Hydroelectric Power Revenue Bonds, Series 2003, 5.350%, 5/01/28 – ACA Insured | 4/19 at 100.00 | N/R | 4,758,792 | ||
California – 13.0% (8.1% of Total Investments) | ||||||
22,880 | Alameda Corridor Transportation Authority, California, Revenue Bonds, Senior Lien Series 1999A, 0.000%, 10/01/32 – NPFG Insured | No Opt. Call | A- | 14,092,250 | ||
4,225 | Alameda Unified School District, Alameda County, California, General Obligation Bonds, Series 2005B, 0.000%, 8/01/28 – AGM Insured | No Opt. Call | AA | 3,309,400 | ||
15,870 | Anaheim Public Financing Authority, California, Lease Revenue Bonds, Public Improvement Project, Series 1997C, 0.000%, 9/01/20 – AGM Insured | No Opt. Call | A2 | 15,416,277 | ||
3,450 | Antelope Valley Joint Union High School District, Los Angeles and Kern Counties, California, General Obligation Bonds, Series 2004B, 0.000%, 8/01/29 – NPFG Insured | No Opt. Call | A1 | 2,490,624 | ||
Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Series 2009F-1: | ||||||
2,500 | 5.125%, 4/01/39 (Pre-refunded 4/01/19) | 4/19 at 100.00 | Aa3 (4) | 2,514,725 | ||
2,500 | 5.625%, 4/01/44 (Pre-refunded 4/01/19) | 4/19 at 100.00 | Aa3 (4) | 2,516,700 | ||
Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Series 2013S-4: | ||||||
5,000 | 5.000%, 4/01/38 (Pre-refunded 4/01/23) | 4/23 at 100.00 | A1 (4) | 5,707,150 | ||
6,500 | 5.250%, 4/01/53 (Pre-refunded 4/01/23) | 4/23 at 100.00 | A1 (4) | 7,484,620 | ||
10,000 | Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Series 2014F-1, 5.000%, 4/01/54 | 4/24 at 100.00 | Aa3 | 10,948,800 | ||
8,000 | Beverly Hills Unified School District, Los Angeles County, California, General Obligation Bonds, Series 2009, 0.000%, 8/01/33 | No Opt. Call | AA+ | 5,064,400 | ||
Burbank Unified School District, Los Angeles County, California, General Obligation Bonds, Series 2015A: | ||||||
2,250 | 5.000%, 8/01/32 | 2/25 at 100.00 | AA- | 2,024,460 | ||
1,350 | 5.000%, 8/01/33 | 2/25 at 100.00 | AA- | 1,206,158 | ||
7,845 | California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2006A, 5.600%, 6/01/36 | 12/19 at 100.00 | B2 | 7,849,001 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
California Educational Facilities Authority, Revenue Refunding Bonds, Loyola Marymount University, Series 2001A: | ||||||
$ 3,255 | 0.000%, 10/01/23 – NPFG Insured | No Opt. Call | A2 | $2,951,797 | ||
5,890 | 0.000%, 10/01/24 – NPFG Insured | No Opt. Call | A2 | 5,183,789 | ||
7,615 | 0.000%, 10/01/25 – NPFG Insured | No Opt. Call | A2 | 6,470,922 | ||
1,350 | 0.000%, 10/01/39 – NPFG Insured | No Opt. Call | A2 | 605,394 | ||
3,330 | California Health Facilities Financing Authority, Refunding Revenue Bonds, Stanford Hospital and Clinics, Series 2008A-2 RMKT, 5.250%, 11/15/40 (Pre-refunded 11/15/21) | 11/21 at 100.00 | AA- (4) | 3,670,692 | ||
California Health Facilities Financing Authority, Revenue Bonds, Lucile Salter Packard Children's Hospital, Series 2012A: | ||||||
3,000 | 5.000%, 8/15/51 (UB) (5) | 8/22 at 100.00 | A+ | 3,228,750 | ||
10,000 | 5.000%, 8/15/51 | 8/22 at 100.00 | A+ | 10,762,500 | ||
2,550 | California Health Facilities Financing Authority, Revenue Bonds, Providence Health & Services, Series 2009B, 5.500%, 10/01/39 | 10/19 at 100.00 | AA- | 2,612,092 | ||
530 | California Health Facilities Financing Authority, Revenue Bonds, Saint Joseph Health System, Series 2013A, 5.000%, 7/01/37 | 7/23 at 100.00 | AA- | 584,039 | ||
1,710 | California Health Facilities Financing Authority, Revenue Bonds, Scripps Health, Series 2012A, 5.000%, 11/15/40 | 11/21 at 100.00 | Aa3 | 1,842,251 | ||
California Health Facilities Financing Authority, Revenue Bonds, Stanford Hospitals and Clinics, Tender Option Bond Trust 2016-XG0049: | ||||||
485 | 8.214%, 8/15/51, 144A (IF) (5) | 8/22 at 100.00 | AA- | 557,207 | ||
525 | 8.220%, 8/15/51, 144A (IF) (5) | 8/22 at 100.00 | AA- | 603,230 | ||
1,285 | 8.220%, 8/15/51, 144A (IF) (5) | 8/22 at 100.00 | AA- | 1,476,478 | ||
1,500 | California Municipal Finance Authority, Revenue Bonds, Eisenhower Medical Center, Refunding Series 2017A, 5.000%, 7/01/42 | 7/27 at 100.00 | BBB- | 1,639,755 | ||
2,330 | California Municipal Finance Authority, Revenue Bonds, Eisenhower Medical Center, Series 2010A, 5.750%, 7/01/40 (Pre-refunded 7/01/20) | 7/20 at 100.00 | Baa2 (4) | 2,464,091 | ||
965 | California Public Finance Authority, Revenue Bonds, Henry Mayo Newhall Hospital, Series 2017, 5.000%, 10/15/47 | 10/26 at 100.00 | BBB- | 1,030,977 | ||
2,930 | California State Public Works Board, Lease Revenue Bonds, Various Capital Projects, Series 2013I, 5.000%, 11/01/38 | 11/23 at 100.00 | A+ | 3,227,922 | ||
California State, Economic Recovery Revenue Bonds, Refunding Series 2009A: | ||||||
1,460 | 5.250%, 7/01/21 (Pre-refunded 7/01/19) | 7/19 at 100.00 | AA+ (4) | 1,482,659 | ||
2,540 | 5.250%, 7/01/21 (Pre-refunded 7/01/19) | 7/19 at 100.00 | AA+ (4) | 2,579,421 | ||
5,000 | California State, General Obligation Bonds, Refunding Various Purpose Series 2017, 4.000%, 8/01/36 | 8/26 at 100.00 | AA- | 5,298,800 | ||
5 | California State, General Obligation Bonds, Series 2004, 5.000%, 4/01/31 – AMBAC Insured | 4/19 at 100.00 | AA- | 5,012 | ||
20,000 | California State, General Obligation Bonds, Various Purpose Series 2009, 6.000%, 11/01/39 | 11/19 at 100.00 | AA- | 20,598,800 | ||
California State, General Obligation Bonds, Various Purpose Series 2010: | ||||||
7,000 | 5.250%, 3/01/30 | 3/20 at 100.00 | AA- | 7,256,620 | ||
4,250 | 5.250%, 11/01/40 | 11/20 at 100.00 | AA- | 4,482,135 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 10,000 | California State, General Obligation Bonds, Various Purpose Series 2011, 5.000%, 10/01/41 | 10/21 at 100.00 | AA- | $10,743,000 | ||
9,130 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2018A, 5.500%, 12/01/58, 144A | 6/28 at 100.00 | BB- | 9,941,840 | ||
10,000 | California Statewide Communities Development Authority, Revenue Bonds, Sutter Health, Series 2011A, 6.000%, 8/15/42 (Pre-refunded 8/15/20) | 8/20 at 100.00 | A+ (4) | 10,670,500 | ||
3,000 | California Statewide Community Development Authority, Health Facility Revenue Bonds, Catholic Healthcare West, Series 2008C, 5.625%, 7/01/35 | 4/19 at 100.00 | A3 | 3,010,950 | ||
California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity Health System, Series 2005A: | ||||||
3,895 | 5.750%, 7/01/30 | 4/19 at 100.00 | CC | 3,220,659 | ||
5,000 | 5.750%, 7/01/35 | 4/19 at 100.00 | CC | 4,084,600 | ||
6,000 | 5.500%, 7/01/39 | 4/19 at 100.00 | CC | 4,902,300 | ||
10,445 | Castaic Lake Water Agency, California, Certificates of Participation, Water System Improvement Project, Series 1999a, 0.000%, 8/01/29 – AMBAC Insured | No Opt. Call | AA | 7,858,818 | ||
4,775 | Clovis Unified School District, Fresno County, California, General Obligation Bonds, Series 2001A, 0.000%, 8/01/25 – FGIC Insured (ETM) | No Opt. Call | Baa2 (4) | 4,193,596 | ||
3,330 | Contra Costa Community College District, Contra Costa County, California, General Obligation Bonds, Election of 2006, Series 2013, 5.000%, 8/01/38 | 8/23 at 100.00 | AA+ | 3,737,292 | ||
7,775 | Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Senior Lien Series 2015A, 0.000%, 1/15/34 – AGM Insured | No Opt. Call | BBB- | 4,547,908 | ||
Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Series 2013A: | ||||||
910 | 6.850%, 1/15/42 (6) | 1/31 at 100.00 | A- | 840,130 | ||
3,350 | 5.750%, 1/15/46 | 1/24 at 100.00 | Baa3 | 3,762,385 | ||
8,350 | 6.000%, 1/15/49 | 1/24 at 100.00 | Baa3 | 9,567,931 | ||
30,000 | Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Series 1995A, 0.000%, 1/01/21 (ETM) | No Opt. Call | AA+ (4) | 29,090,400 | ||
3,120 | Fullerton Public Financing Authority, California, Tax Allocation Revenue Bonds, Series 2005, 5.000%, 9/01/27 – AMBAC Insured | 9/19 at 100.00 | A | 3,180,247 | ||
10,000 | Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Senior Convertible Series 2007A-2, 5.300%, 6/01/37 | 6/22 at 100.00 | B3 | 10,002,000 | ||
9,705 | Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2018A-1, 5.000%, 6/01/47 | 6/22 at 100.00 | N/R | 9,195,487 | ||
10,170 | Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2018A-2, 5.000%, 6/01/47 | 6/22 at 100.00 | N/R | 9,636,075 | ||
3,850 | Grossmont Healthcare District, California, General Obligation Bonds, Series 2011B, 6.125%, 7/15/40 (Pre-refunded 7/15/21) | 7/21 at 100.00 | Aaa | 4,278,235 | ||
5,000 | Huntington Beach Union High School District, Orange County, California, General Obligation Bonds, Series 2007, 0.000%, 8/01/32 – FGIC Insured | No Opt. Call | AA- | 3,176,900 | ||
3,040 | Kern Community College District, California, General Obligation Bonds, Safety, Repair & Improvement, Election 2002 Series 2006, 0.000%, 11/01/23 – AGM Insured | No Opt. Call | AA | 2,771,446 | ||
1,500 | Lincoln Unified School District, Placer County, California, Community Facilities District 1, Special Tax Bonds, Series 2005, 0.000%, 9/01/26 – AMBAC Insured | No Opt. Call | N/R | 1,122,000 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 195 | Los Angeles Department of Water and Power, California, Electric Plant Revenue Bonds, Second Series 1993, 4.750%, 10/15/20 (ETM) | 4/19 at 100.00 | N/R (4) | $195,486 | ||
995 | Los Angeles Department of Water and Power, California, Electric Plant Revenue Bonds, Series 1994, 5.375%, 2/15/34 (ETM) | 2/19 at 100.00 | N/R (4) | 997,975 | ||
10,000 | Los Angeles Department of Water and Power, California, Waterworks Revenue Bonds, Series 2011A, 5.000%, 7/01/41 | 1/21 at 100.00 | Aa2 | 10,578,100 | ||
2,490 | Madera Unified School District, Madera County, California, General Obligation Bonds, Election 2002 Series 2005, 0.000%, 8/01/27 – NPFG Insured | No Opt. Call | Baa2 | 1,977,882 | ||
10,335 | Mount San Antonio Community College District, Los Angeles County, California, General Obligation Bonds, Election of 2008, Series 2013A, 6.250%, 8/01/43 (6) | 8/35 at 100.00 | AA | 8,787,334 | ||
5,500 | M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009B, 6.500%, 11/01/39 | No Opt. Call | BBB+ | 7,578,505 | ||
555 | Mt Diablo Hospital District, California, Insured Hospital Revenue Bonds, Series 1993A, 5.125%, 12/01/23 – AMBAC Insured (ETM) | 6/19 at 100.00 | N/R (4) | 603,535 | ||
14,100 | New Haven Unified School District, California, General Obligation Bonds, Refunding Series 2009, 0.000%, 8/01/34 – AGC Insured | No Opt. Call | Aa3 | 8,149,800 | ||
3,515 | Newport Beach, California, Revenue Bonds, Hoag Memorial Hospital Presbyterian, Series 2011A, 5.875%, 12/01/30 (Pre-refunded 12/01/21) | 12/21 at 100.00 | N/R (4) | 3,940,807 | ||
2,500 | Norwalk La Mirada Unified School District, Los Angeles County, California, General Obligation Bonds, Election of 2002 Series 2005B, 0.000%, 8/01/29 | No Opt. Call | Aa3 | 1,867,425 | ||
4,460 | Ontario Redevelopment Financing Authority, San Bernardino County, California, Revenue Bonds, Redevelopment Project 1, Refunding Series 1995, 7.400%, 8/01/25 – NPFG Insured | No Opt. Call | Baa2 | 5,059,201 | ||
Orange County Water District, California, Revenue Certificates of Participation, Series 2003B: | ||||||
1,490 | 5.000%, 8/15/34 – NPFG Insured (ETM) | No Opt. Call | Aa1 (4) | 1,852,592 | ||
1,745 | 5.000%, 8/15/34 (Pre-refunded 8/15/32) – NPFG Insured | 8/32 at 100.00 | AAA | 2,236,235 | ||
1,000 | Pajaro Valley Unified School District, Santa Cruz County, California, General Obligation Bonds, Series 2005B, 0.000%, 8/01/29 – AGM Insured | No Opt. Call | AA | 745,430 | ||
5,000 | Palomar Pomerado Health Care District, California, Certificates of Participation, Series 2010, 6.000%, 11/01/30 (Pre-refunded 11/01/20) | 11/20 at 100.00 | Ba1 (4) | 5,376,250 | ||
2,000 | Palomar Pomerado Health, California, General Obligation Bonds, Capital Appreciation, Election of 2004, Series 2007A, 0.000%, 8/01/24 – NPFG Insured | No Opt. Call | BB+ | 1,741,140 | ||
9,320 | Palomar Pomerado Health, California, General Obligation Bonds, Series 2009A, 0.000%, 8/01/33 – AGC Insured | No Opt. Call | BB+ | 5,541,486 | ||
4,060 | Pomona, California, GNMA/FHLMC Collateralized Single Family Mortgage Revenue Refunding Bonds, Series 1990B, 7.500%, 8/01/23 (ETM) | No Opt. Call | AA+ (4) | 4,568,231 | ||
1,800 | Rialto Unified School District, San Bernardino County, California, General Obligation Bonds, Series 2011A, 0.000%, 8/01/28 | No Opt. Call | A1 | 1,392,858 | ||
1,000 | Rim of the World Unified School District, San Bernardino County, California, General Obligation Bonds, Series 2011C, 5.000%, 8/01/38 (Pre-refunded 8/01/21) – AGM Insured | 8/21 at 100.00 | A2 (4) | 1,085,800 | ||
760 | Riverside County Transportation Commission, California, Toll Revenue Senior Lien Bonds, Series 2013A, 5.750%, 6/01/44 | 6/23 at 100.00 | BBB- | 828,674 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 4,020 | San Bernardino, California, GNMA Mortgage-Backed Securities Program Single Family Mortgage Revenue Refunding Bonds, Series 1990A, 7.500%, 5/01/23 (ETM) | No Opt. Call | AA+ (4) | $4,520,490 | ||
2,250 | San Buenaventura, California, Revenue Bonds, Community Memorial Health System, Series 2011, 7.500%, 12/01/41 | 12/21 at 100.00 | BB | 2,456,955 | ||
1,830 | San Diego Public Facilities Financing Authority, California, Water Utility Revenue Bonds, Tender Option Bond Trust 2015-XF0098, 16.537%, 8/01/39 (Pre-refunded 8/01/19), 144A (IF) | 8/19 at 100.00 | N/R (4) | 1,973,563 | ||
4,000 | San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Governmental Purpose, Second Series 2013B, 5.000%, 5/01/43 | 5/23 at 100.00 | A+ | 4,422,000 | ||
San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue Bonds, Refunding Senior Lien Series 2014A: | ||||||
10,595 | 5.000%, 1/15/44 | 1/25 at 100.00 | BBB | 11,399,902 | ||
32,725 | 5.000%, 1/15/50 | 1/25 at 100.00 | BBB | 35,121,779 | ||
7,210 | San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue Bonds, Refunding Series 1997A, 0.000%, 1/15/23 – NPFG Insured | No Opt. Call | Baa2 | 6,511,063 | ||
2,965 | San Juan Unified School District, Sacramento County, California, General Obligation Bonds, Series 2004A, 0.000%, 8/01/28 – NPFG Insured | No Opt. Call | A+ | 2,322,455 | ||
4,455 | San Mateo County Community College District, California, General Obligation Bonds, Series 2006A, 0.000%, 9/01/21 – NPFG Insured | No Opt. Call | AAA | 4,269,316 | ||
4,005 | San Mateo Union High School District, San Mateo County, California, General Obligation Bonds, Election of 2000, Series 2002B, 0.000%, 9/01/26 – FGIC Insured | No Opt. Call | AA+ | 3,362,918 | ||
15,750 | San Ysidro School District, San Diego County, California, General Obligation Bonds, 1997 Election Series 2012G, 0.000%, 8/01/39 – AGM Insured | No Opt. Call | AA | 6,693,120 | ||
San Ysidro School District, San Diego County, California, General Obligation Bonds, Refunding Series 2015: | ||||||
5,000 | 0.000%, 8/01/46 | No Opt. Call | A1 | 1,309,100 | ||
6,570 | 0.000%, 8/01/47 | No Opt. Call | A1 | 1,617,665 | ||
1,840 | Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed Bonds, Series 2005A-1, 4.750%, 6/01/23 | 3/19 at 100.00 | BB+ | 1,849,384 | ||
2,630 | Union Elementary School District, Santa Clara County, California, General Obligation Bonds, Series 2001B, 0.000%, 9/01/25 – FGIC Insured | No Opt. Call | Baa2 | 2,282,051 | ||
3,900 | West Hills Community College District, California, General Obligation Bonds, School Facilities Improvement District 3, 2008 Election Series 2011, 6.500%, 8/01/41 (Pre-refunded 8/01/21) – AGM Insured | 8/19 at 100.00 | A2 (4) | 4,376,190 | ||
536,785 | Total California | 494,367,294 | ||||
Colorado – 10.3% (6.4% of Total Investments) | ||||||
500 | Blue Lake Metropolitan District No 2 , Lochbuie, Colorado, Limited Tax General Obligation Bonds, Series 2016A, 5.750%, 12/01/46 | 12/21 at 103.00 | N/R | 501,915 | ||
Centerra Metropolitan District 1, Loveland, Colorado, Special Revenue Bonds, Refunding & Improvement Series 2017: | ||||||
1,575 | 5.000%, 12/01/37, 144A | 12/22 at 103.00 | N/R | 1,595,790 | ||
3,620 | 5.000%, 12/01/47, 144A | 12/22 at 103.00 | N/R | 3,628,036 | ||
1,060 | Centerra Metropolitan District No 1, In the City of Loveland, Larimer County, Colorado, Special Revenue Improvement Bonds, Series 2018, 5.250%, 12/01/48 | 12/23 at 103.00 | N/R | 1,069,392 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$ 1,250 | Central Platte Valley Metropolitan District, Colorado, General Obligation Bonds, Refunding Series 2013A, 5.375%, 12/01/33 | 12/23 at 100.00 | BBB | $1,391,888 | ||
115 | Central Platte Valley Metropolitan District, Colorado, General Obligation Bonds, Refunding Series 2014, 5.000%, 12/01/43 | 12/23 at 100.00 | BB | 120,303 | ||
1,700 | Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Skyview Academy Project, Series 2014, 5.375%, 7/01/44, 144A | 7/24 at 100.00 | BB | 1,716,966 | ||
Colorado Health Facilities Authority, Colorado, Health Facilities Revenue Bonds, The Evangelical Lutheran Good Samaritan Society Project, Refunding Series 2017: | ||||||
2,005 | 5.000%, 6/01/34 | 6/27 at 100.00 | BBB | 2,202,252 | ||
4,615 | 5.000%, 6/01/35 | 6/27 at 100.00 | BBB | 5,055,133 | ||
7,205 | 5.000%, 6/01/36 | 6/27 at 100.00 | BBB | 7,859,718 | ||
8,715 | 5.000%, 6/01/37 | 6/27 at 100.00 | BBB | 9,454,903 | ||
4,105 | 5.000%, 6/01/42 | 6/27 at 100.00 | BBB | 4,399,000 | ||
8,545 | 5.000%, 6/01/47 | 6/27 at 100.00 | BBB | 9,138,279 | ||
6,350 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives, Series 2006A, 4.500%, 9/01/38 | 4/19 at 100.00 | BBB+ | 6,358,001 | ||
2,295 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives, Series 2011A, 5.000%, 2/01/41 | 2/21 at 100.00 | BBB+ | 2,363,781 | ||
5,000 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives, Series 2013A, 5.250%, 1/01/45 | 1/23 at 100.00 | BBB+ | 5,300,000 | ||
5,000 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Children's Hospital Colorado Project, Series 2013A, 5.000%, 12/01/36 | 12/23 at 100.00 | A+ | 5,452,950 | ||
750 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Christian Living Communities Project, Series 2012, 5.125%, 1/01/37 | 4/19 at 100.00 | N/R | 750,863 | ||
3,050 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Christian Living Neighborhoods Project, Refunding Series 2016, 5.000%, 1/01/37 | 1/24 at 102.00 | N/R | 3,174,470 | ||
2,375 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Evangelical Lutheran Good Samaritan Society Project, Refunding Series 2012, 5.000%, 12/01/42 | 6/22 at 100.00 | BBB | 2,460,856 | ||
1,000 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Evangelical Lutheran Good Samaritan Society Project, Series 2013, 5.625%, 6/01/43 | 6/23 at 100.00 | BBB | 1,085,800 | ||
750 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Frasier Meadows Project, Refunding & Improvement Series 2017A, 5.250%, 5/15/37 | 5/27 at 100.00 | BB+ | 805,635 | ||
1,500 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Parkview Medical Center, Refunding Series 2015B, 4.000%, 9/01/34 | 9/25 at 100.00 | A3 | 1,545,450 | ||
25,750 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Sisters of Charity of Leavenworth Health Services Corporation, Series 2010A, 5.000%, 1/01/40 | 1/20 at 100.00 | AA- | 26,375,467 | ||
4,145 | Colorado High Performance Transportation Enterprise, C-470 Express Lanes Revenue Bonds, Senior Lien Series 2017, 5.000%, 12/31/51 | 12/24 at 100.00 | BBB | 4,408,125 | ||
Colorado International Center Metropolitan District 14, Denver, Colorado, Limited Tax General Obligation Bonds, Refunding & Improvement Series 2018: | ||||||
1,895 | 5.625%, 12/01/32 | 12/23 at 103.00 | N/R | 1,968,299 | ||
2,660 | 5.875%, 12/01/46 | 12/23 at 103.00 | N/R | 2,777,466 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
Colorado School of Mines Board of Trustees, Golden, Colorado, Institutional Enterprise Revenue Bonds, Series 2017B: | ||||||
$ 2,000 | 5.000%, 12/01/42 | 12/27 at 100.00 | A+ | $2,242,120 | ||
1,225 | 5.000%, 12/01/47 | 12/27 at 100.00 | A+ | 1,367,357 | ||
1,500 | Colorado State Board of Governors, Colorado State University Auxiliary Enterprise System Revenue Bonds, Refunding Series 2016B, 5.000%, 3/01/41 | 3/27 at 100.00 | A+ | 1,680,555 | ||
2,000 | Colorado State Board of Governors, Colorado State University Auxiliary Enterprise System Revenue Bonds, Refunding Series 2017A, 4.000%, 3/01/40 | 9/27 at 100.00 | AA | 2,070,480 | ||
4,000 | Colorado State Board of Governors, Colorado State University Auxiliary Enterprise System Revenue Bonds, Refunding Series 2017E, 4.000%, 3/01/43 | 3/28 at 100.00 | AA | 4,122,840 | ||
5,000 | Colorado State, Certificates of Participation, Rural Series 2018A, 4.000%, 12/15/35 | 12/28 at 100.00 | AA- | 5,249,450 | ||
Commerce City, Colorado, Sales and Use Tax Revenue Bonds, Series 2016: | ||||||
7,115 | 5.000%, 8/01/41 | 8/26 at 100.00 | A2 | 7,912,022 | ||
1,000 | 5.000%, 8/01/46 | 8/26 at 100.00 | A2 | 1,107,820 | ||
11,140 | Denver City and County, Colorado, Airport System Revenue Bonds, Series 2012B, 5.000%, 11/15/37 | 11/22 at 100.00 | A+ | 12,100,491 | ||
12,900 | Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2013B, 5.000%, 11/15/43 | 11/23 at 100.00 | A | 14,203,545 | ||
2,500 | Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2018B, 5.000%, 12/01/48 | 12/28 at 100.00 | A | 2,840,550 | ||
Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016: | ||||||
5,300 | 5.000%, 12/01/33 | 12/26 at 100.00 | BBB- | 5,895,508 | ||
2,400 | 5.000%, 12/01/36 | 12/26 at 100.00 | Baa2 | 2,626,896 | ||
1,800 | 5.000%, 12/01/40 | 12/26 at 100.00 | BBB- | 1,935,036 | ||
365 | Denver Urban Renewal Authority, Colorado, Tax Increment Revenue Bonds, 9th and Colorado Urban Redevelopment Area, Series 2018A, 5.250%, 12/01/39, 144A | 12/23 at 103.00 | N/R | 367,066 | ||
13,920 | E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 1997B, 0.000%, 9/01/21 – NPFG Insured | No Opt. Call | BBB+ | 13,127,256 | ||
E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000B: | ||||||
6,200 | 0.000%, 9/01/22 – NPFG Insured | No Opt. Call | BBB+ | 5,701,210 | ||
45,540 | 0.000%, 9/01/30 – NPFG Insured | No Opt. Call | BBB+ | 30,790,505 | ||
16,635 | 0.000%, 9/01/32 – NPFG Insured | No Opt. Call | BBB+ | 10,180,620 | ||
49,250 | 0.000%, 9/01/33 – NPFG Insured | No Opt. Call | BBB+ | 28,739,345 | ||
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004A: | ||||||
9,310 | 0.000%, 9/01/28 – NPFG Insured | No Opt. Call | BBB+ | 6,934,740 | ||
2,900 | 0.000%, 9/01/34 – NPFG Insured | No Opt. Call | A | 1,613,502 | ||
18,500 | 0.000%, 3/01/36 – NPFG Insured | No Opt. Call | BBB+ | 9,502,525 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004B: | ||||||
$ 3,800 | 0.000%, 9/01/27 – NPFG Insured | 9/20 at 67.94 | A | $2,474,370 | ||
13,300 | 0.000%, 9/01/31 – NPFG Insured | 9/20 at 53.77 | BBB+ | 6,805,344 | ||
6,250 | 0.000%, 9/01/32 – NPFG Insured | 9/20 at 50.83 | BBB+ | 3,019,812 | ||
10,000 | 0.000%, 3/01/36 – NPFG Insured | 9/20 at 41.72 | BBB+ | 3,958,800 | ||
1,000 | Lorson Ranch Metropolitan District 2, El Paso County, Colorado, Limited Tax General Obligation Bonds, Series 2016, 5.000%, 12/01/36 | 12/26 at 100.00 | BBB+ | 1,099,700 | ||
1,000 | Louisville, Boulder County, Colorado, General Obligation Bonds, Limited Tax, Series 2017, 4.000%, 12/01/36 | 12/26 at 100.00 | AA+ | 1,062,790 | ||
1,085 | North Range Metropolitan District No 2 , In the City of Commerce City, Adams County, Colorado , Limited Tax General Obligation and Special Revenue and Improvement Bonds, Refunding Series 2017A, 5.750%, 12/01/47 | 12/22 at 103.00 | N/R | 1,077,340 | ||
1,245 | Palisade Metropolitan District 2, Broomfield County, Colorado, General Obligation Limited Tax and Revenue Bonds, Series 2016, 4.375%, 12/01/31 | 12/21 at 103.00 | N/R | 1,195,847 | ||
17,735 | Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Bonds, Refunding Series 2015A, 5.000%, 12/01/45 | 12/25 at 100.00 | A | 19,157,879 | ||
2,640 | Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Refunding Bonds, Series 2011, 6.125%, 12/01/41 (Pre-refunded 12/01/20) – AGM Insured | 12/20 at 100.00 | AA (4) | 2,848,982 | ||
Rampart Range Metropolitan District 1, Lone Tree, Colorado, Limited Tax Supported and Special Revenue Bonds, Refunding & Improvement Series 2017: | ||||||
8,765 | 5.000%, 12/01/42 | 12/27 at 100.00 | AA | 9,801,812 | ||
3,600 | 5.000%, 12/01/47 | 12/27 at 100.00 | A2 | 4,015,440 | ||
630 | Regional Transportation District, Colorado, Certificates of Participation, Series 2010A, 5.375%, 6/01/31 | 6/20 at 100.00 | AA- | 657,222 | ||
Regional Transportation District, Colorado, Denver Transit Partners Eagle P3 Project Private Activity Bonds, Series 2010: | ||||||
15,000 | 6.500%, 1/15/30 | 7/20 at 100.00 | Baa3 | 15,237,000 | ||
4,150 | 6.000%, 1/15/41 | 7/20 at 100.00 | BBB+ | 4,222,210 | ||
3,250 | Thompson Crossing Metropolitan District 2, Johnstown, Larimer County, Colorado, General Obligation Bonds, Limited Tax Convertible to Unlimited Tax, Series 2016B, 5.000%, 12/01/46 – AGM Insured | 12/26 at 100.00 | AA | 3,530,020 | ||
4,000 | University of Colorado Hospital Authority, Colorado, Revenue Bonds, Series 2012A, 5.000%, 11/15/42 | 11/22 at 100.00 | AA- | 4,356,960 | ||
14,500 | University of Colorado, Enterprise System Revenue Bonds, Series 2014A, 5.000%, 6/01/46 (Pre-refunded 6/01/24) | 6/24 at 100.00 | Aa1 (4) | 16,861,615 | ||
2,500 | Vista Ridge Metropolitan District, In the Town of Erie, Weld County, Colorado, General Obligation Refunding Bonds, Series 2016A, 4.000%, 12/01/36 – BAM Insured | 12/26 at 100.00 | Baa1 | 2,586,550 | ||
2,175 | Weld County School District RE1, Colorado, General Obligation Bonds, Series 2017, 5.000%, 12/15/30 | 12/26 at 100.00 | AA | 2,538,965 | ||
446,655 | Total Colorado | 391,780,835 | ||||
Connecticut – 0.3% (0.2% of Total Investments) | ||||||
1,650 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Fairfield University, Series 2016Q-1, 5.000%, 7/01/46 | 7/26 at 100.00 | A- | 1,802,658 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Connecticut (continued) | ||||||
$ 7,165 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University, Refunding Series 2015L, 5.000%, 7/01/45 | 7/25 at 100.00 | A- | $7,923,702 | ||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Sacred Heart University, Series 2017I-1: | ||||||
500 | 5.000%, 7/01/34 | 7/27 at 100.00 | A3 | 563,910 | ||
2,425 | 5.000%, 7/01/42 | 7/27 at 100.00 | A3 | 2,665,657 | ||
11,740 | Total Connecticut | 12,955,927 | ||||
Delaware – 0.4% (0.3% of Total Investments) | ||||||
1,000 | Delaware Health Facilities Authority, Revenue Bonds, Beebe Medical Center Project, Series 2018, 5.000%, 6/01/48 | 12/28 at 100.00 | BBB | 1,076,320 | ||
1,000 | Delaware Health Facilities Authority, Revenue Bonds, Christiana Care Health Services Inc, Series 2010A, 5.000%, 10/01/40 | 10/20 at 100.00 | Aa2 | 1,046,830 | ||
3,350 | Delaware Health Facilities Authority, Revenue Bonds, Nanticoke Memorial Hospital, Series 2013, 5.000%, 7/01/32 | 7/23 at 100.00 | BBB | 3,578,939 | ||
9,070 | Delaware Transportation Authority, Revenue Bonds, US 301 Project, Series 2015, 5.000%, 6/01/55 | 6/25 at 100.00 | A1 | 9,928,294 | ||
14,420 | Total Delaware | 15,630,383 | ||||
District of Columbia – 1.1% (0.7% of Total Investments) | ||||||
1,250 | District of Columbia Student Dormitory Revenue Bonds, Provident Group - Howard Properties LLC Issue, Series 2013, 5.000%, 10/01/45 | 10/22 at 100.00 | BB+ | 1,253,225 | ||
107,000 | District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2006A, 0.000%, 6/15/46 | 3/19 at 100.00 | N/R | 16,557,180 | ||
District of Columbia, Revenue Bonds, Georgetown University, Refunding Series 2017: | ||||||
3,500 | 5.000%, 4/01/35 | 4/27 at 100.00 | A- | 3,992,240 | ||
3,500 | 5.000%, 4/01/36 | 4/27 at 100.00 | A- | 3,975,965 | ||
15,150 | District of Columbia, Revenue Bonds, Georgetown University, Series 2007A, 5.000%, 4/01/40 (Pre-refunded 4/01/21) – AMBAC Insured | 4/21 at 100.00 | A- (4) | 16,204,743 | ||
130,400 | Total District of Columbia | 41,983,353 | ||||
Florida – 7.1% (4.5% of Total Investments) | ||||||
2,800 | Bay County, Florida, Educational Facilities Revenue Refunding Bonds, Bay Haven Charter Academy, Inc Project, Series 2016, 5.000%, 9/01/46 | 9/23 at 100.00 | BBB | 2,875,852 | ||
11,000 | Cape Coral, Florida, Water and Sewer Revenue Bonds, Refunding Series 2011, 5.000%, 10/01/41 (Pre-refunded 10/01/21) – AGM Insured | 10/21 at 100.00 | A (4) | 11,951,280 | ||
2,830 | City of Miami Beach, Florida, Stormwater Revenue Bonds, Series 2015, 5.000%, 9/01/41 | 9/25 at 100.00 | AA- | 3,152,903 | ||
3,010 | Cocoa, Florida, Water and Sewer System Revenue Bonds, Refunding Series 2003, 5.500%, 10/01/23 – AMBAC Insured | No Opt. Call | AA | 3,327,675 | ||
3,570 | Collier County Educational Facilities Authority, Florida, Revenue Bonds, Hodges University, Refunding Series 2013, 6.125%, 11/01/43 | 11/23 at 100.00 | BBB- | 3,860,812 | ||
Davie, Florida, Educational Facilities Revenue Bonds, Nova Southeastern University Project, Refunding Series 2013A: | ||||||
8,555 | 6.000%, 4/01/42 | 4/23 at 100.00 | Baa1 | 9,628,995 | ||
4,280 | 5.625%, 4/01/43 | 4/23 at 100.00 | Baa1 | 4,728,159 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
Florida Municipal Loan Council, Revenue Bonds, Series 2000B: | ||||||
$ 1,040 | 0.000%, 11/01/25 – NPFG Insured | No Opt. Call | Baa2 | $850,283 | ||
1,590 | 0.000%, 11/01/26 – NPFG Insured | No Opt. Call | Baa2 | 1,253,047 | ||
1,500 | Florida Water Pollution Control Financing Corporation, Revolving Fund Revenue Bonds, Series 2009A, 5.000%, 1/15/29 | 4/19 at 100.00 | AAA | 1,503,945 | ||
15,000 | Hillsborough County Aviation Authority, Florida, Revenue Bonds, Tampa International Airport, Series 2018F, 5.000%, 10/01/48 (UB) | 10/28 at 100.00 | AA- | 17,067,000 | ||
Hillsborough County Aviation Authority, Florida, Revenue Bonds, Tampa International Airport, Subordinate Lien Series 2015B: | ||||||
5,730 | 5.000%, 10/01/40 | 10/24 at 100.00 | A+ | 6,369,353 | ||
12,885 | 5.000%, 10/01/44 | 10/24 at 100.00 | A+ | 14,294,361 | ||
400 | Jacksonville, Florida, Better Jacksonville Sales Tax Revenue Bonds, Refunding Series 2012, 5.000%, 10/01/30 | 10/22 at 100.00 | A2 | 436,496 | ||
1,530 | Lakeland, Florida, Hospital System Revenue Bonds, Lakeland Regional Health, Refunding Series 2011, 5.000%, 11/15/24 | 11/21 at 100.00 | A2 | 1,647,887 | ||
2,500 | Lakeland, Florida, Hospital System Revenue Bonds, Lakeland Regional Health, Series 2015, 5.000%, 11/15/45 | 11/24 at 100.00 | A2 | 2,690,525 | ||
Miami Beach Redevelopment Agency, Florida, Tax Increment Revenue Bonds, City Center/Historic Convention Village, Series 2015A: | ||||||
3,810 | 5.000%, 2/01/40 – AGM Insured | 2/24 at 100.00 | A1 | 4,267,657 | ||
19,145 | 5.000%, 2/01/44 – AGM Insured | 2/24 at 100.00 | AA | 21,263,969 | ||
Miami Health Facilities Authority, Florida, Health Facilities Revenue Bonds, Miami Jewish Health System Inc Project, Series 2017: | ||||||
205 | 5.000%, 7/01/32 | 7/27 at 100.00 | BBB | 224,256 | ||
2,000 | 5.125%, 7/01/38 | 7/27 at 100.00 | BBB | 2,163,700 | ||
5,035 | Miami Health Facilities Authority, Florida, Health Facilities Revenue Bonds, Miami Jewish Health System Inc. Project, Series 2017, 5.125%, 7/01/46 | 7/27 at 100.00 | BBB | 5,409,856 | ||
1,200 | Miami, Florida, Special Obligation Non-Ad Valorem Revenue Bonds, Refunding Series 2011A, 6.000%, 2/01/30 (Pre-refunded 2/01/21) – AGM Insured | 2/21 at 100.00 | A+ (4) | 1,301,856 | ||
7,390 | Miami-Dade County Educational Facilities Authority, Florida, Revenue Bonds, University of Miami, Series 2015A, 5.000%, 4/01/45 | 4/25 at 100.00 | A- | 8,019,480 | ||
12,385 | Miami-Dade County Educational Facilities Authority, Florida, Revenue Bonds, University of Miami, Series 2018A, 5.000%, 4/01/53 | 4/28 at 100.00 | A- | 13,686,292 | ||
10,000 | Miami-Dade County Expressway Authority, Florida, Toll System Revenue Bonds, Series 2010A, 5.000%, 7/01/35 | 7/20 at 100.00 | A | 10,411,500 | ||
1,210 | Miami-Dade County Industrial Development Authority, Florida, Revenue Bonds, Doral Academy, Series 2018, 5.000%, 1/15/37 | 1/28 at 100.00 | BBB- | 1,275,086 | ||
1,000 | Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Refunding Series 2014B, 5.000%, 10/01/37 | 10/24 at 100.00 | A | 1,111,030 | ||
5,000 | Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2009A, 5.500%, 10/01/41 (Pre-refunded 10/01/19) | 10/19 at 100.00 | A2 (4) | 5,125,400 | ||
7,500 | Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2010A-1, 5.375%, 10/01/41 (Pre-refunded 10/01/20) | 10/20 at 100.00 | A2 (4) | 7,954,950 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2010B: | ||||||
$ 3,000 | 5.000%, 10/01/26 | 10/20 at 100.00 | A | $3,153,570 | ||
2,500 | 5.000%, 10/01/27 | 10/20 at 100.00 | A | 2,625,025 | ||
4,000 | 5.000%, 10/01/35 – AGM Insured | 10/20 at 100.00 | AA | 4,178,640 | ||
1,500 | Miami-Dade County, Florida, Aviation Revenue Bonds, Refunding Series 2016A, 5.000%, 10/01/41 | 10/26 at 100.00 | A | 1,675,560 | ||
4,715 | Miami-Dade County, Florida, Public Facilities Revenue Bonds, Jackson Health System, Series 2017, 5.000%, 6/01/38 | 6/27 at 100.00 | Aa3 | 5,268,635 | ||
1,850 | Miami-Dade County, Florida, Special Obligation Bonds, Refunding Subordinate Series 2012B, 5.000%, 10/01/37 | 10/22 at 100.00 | A2 | 2,014,058 | ||
Miami-Dade County, Florida, Transit System Sales Surtax Revenue Bonds, Refunding Series 2012: | ||||||
5,500 | 5.000%, 7/01/31 | 7/22 at 100.00 | A1 | 6,019,970 | ||
3,000 | 5.000%, 7/01/42 | 7/22 at 100.00 | AA | 3,244,530 | ||
5,770 | Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 2013A, 5.000%, 10/01/42 | 10/22 at 100.00 | A+ | 6,271,125 | ||
1,665 | Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Orlando Health, Inc., Series 2009, 5.125%, 10/01/26 | 10/19 at 100.00 | A2 | 1,700,914 | ||
750 | Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Orlando Health, Inc., Series 2012A, 5.000%, 10/01/42 | 4/22 at 100.00 | A2 | 794,618 | ||
255 | Palm Beach County Health Facilities Authority, Florida, Revenue Bonds, Sinai Residences of Boca Raton Project, Series 2014A, 7.250%, 6/01/34 | 6/22 at 102.00 | N/R | 285,184 | ||
4,000 | Palm Beach County, Florida, Water and Sewer Revenue Bonds, FPL Reclaimed Water Project, Series 2009, 5.250%, 10/01/33 | 10/19 at 100.00 | AAA | 4,092,480 | ||
1,385 | Rivercrest Community Development District, Florida, Special Assessment Bonds, Series 2007, 5.000%, 5/01/30 – RAAI Insured | 4/19 at 100.00 | A3 | 1,386,662 | ||
880 | Seminole County, Florida, Water and Sewer Revenue Bonds, Refunding & Improvement Series 1992, 6.000%, 10/01/19 – NPFG Insured (ETM) | No Opt. Call | Aa2 (4) | 905,230 | ||
6,625 | South Broward Hospital District, Florida, Hospital Revenue Bonds, Refunding Series 2015, 4.000%, 5/01/33 | 5/25 at 100.00 | Aa3 | 6,918,620 | ||
South Miami Health Facilities Authority, Florida, Hospital Revenue Bonds, Baptist Health Systems of South Florida Obligated Group, Series 2017: | ||||||
4,595 | 5.000%, 8/15/42 | 8/27 at 100.00 | A1 | 5,135,418 | ||
12,325 | 5.000%, 8/15/47 | 8/27 at 100.00 | A1 | 13,707,002 | ||
1,200 | Tamarac, Florida, Utility System Revenue Bonds, Series 2009, 5.000%, 10/01/39 (Pre-refunded 10/01/19) – AGC Insured | 10/19 at 100.00 | AA (4) | 1,226,592 | ||
Tampa Sports Authority, Hillsborough County, Florida, Sales Tax Payments Special Purpose Bonds, Stadium Project, Series 1995: | ||||||
545 | 5.750%, 10/01/20 – NPFG Insured | No Opt. Call | N/R | 564,506 | ||
2,785 | 5.750%, 10/01/25 – NPFG Insured | No Opt. Call | N/R | 3,166,127 | ||
3,300 | Tampa, Florida, Health System Revenue Bonds, Baycare Health System, Series 2012A, 5.000%, 11/15/33 | 5/22 at 100.00 | Aa2 | 3,588,618 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
$ 4,000 | Tampa, Florida, Health System Revenue Bonds, Baycare Health System, Series 2016A, 4.000%, 11/15/46 | 5/26 at 100.00 | Aa2 | $4,009,840 | ||
9,720 | Tampa-Hillsborough County Expressway Authority, Florida, Revenue Bonds, Refunding Series 2012B, 5.000%, 7/01/42 (Pre-refunded 7/01/22) | 7/22 at 100.00 | A2 (4) | 10,750,417 | ||
1,500 | Volusia County Educational Facilities Authority, Florida, Revenue Bonds, Embry-Riddle Aeronautical University, Inc Project, Refunding Series 2011, 5.000%, 10/15/29 (Pre-refunded 10/15/21) – AGM Insured | 10/21 at 100.00 | A- (4) | 1,627,440 | ||
2,000 | Volusia County Educational Facilities Authority, Florida, Revenue Bonds, Embry-Riddle Aeronautical University, Series 2015B, 5.000%, 10/15/45 | 4/25 at 100.00 | A3 | 2,202,580 | ||
7,400 | Volusia County Educational Facilities Authority, Florida, Revenue Bonds, Stetson University Inc. Project, Series 2015, 5.000%, 6/01/45 | 6/25 at 100.00 | A- | 8,194,982 | ||
250,865 | Total Florida | 272,561,948 | ||||
Georgia – 3.3% (2.1% of Total Investments) | ||||||
6,950 | Atlanta, Georgia, Airport General Revenue Bonds, Refunding Series 2010A, 5.000%, 1/01/40 – AGM Insured | 1/20 at 100.00 | Aa3 | 7,136,607 | ||
7,230 | Atlanta, Georgia, Airport General Revenue Bonds, Refunding Series 2012B, 5.000%, 1/01/42 | 1/22 at 100.00 | AA- | 7,744,342 | ||
Atlanta, Georgia, Water and Wastewater Revenue Bonds, Refunding Series 2009B: | ||||||
1,060 | 5.375%, 11/01/39 – AGM Insured | 11/19 at 100.00 | AA- | 1,086,489 | ||
1,990 | 5.375%, 11/01/39 (Pre-refunded 11/01/19) – AGM Insured | 11/19 at 100.00 | AA (4) | 2,044,964 | ||
Atlanta, Georgia, Water and Wastewater Revenue Bonds, Refunding Series 2015: | ||||||
3,400 | 5.000%, 11/01/33 | 5/25 at 100.00 | AA- | 3,869,302 | ||
2,040 | 5.000%, 11/01/35 | 5/25 at 100.00 | AA- | 2,307,770 | ||
5,000 | Atlanta, Georgia, Water and Wastewater Revenue Bonds, Series 1999A, 5.500%, 11/01/22 – FGIC Insured | No Opt. Call | AA- | 5,507,500 | ||
1,535 | Cherokee County Water and Sewerage Authority, Georgia, Revenue Bonds, Refunding Series 2007, 4.000%, 8/01/26 | 8/20 at 100.00 | AA | 1,575,555 | ||
2,000 | Cobb County Kennestone Hospital Authority, Georgia, Revenue Anticipation Certificates, Wellstar Health System, Series 2017A, 5.000%, 4/01/42 | 4/27 at 100.00 | A | 2,187,460 | ||
2,000 | DeKalb County Hospital Authority, Georgia, Anticipation Certificates Revenue Bonds, DeKalb Medical Center, Inc Project, Series 2010, 6.000%, 9/01/30 (Pre-refunded 9/01/20) | 9/20 at 100.00 | N/R (4) | 2,128,220 | ||
5,725 | Fayette County Hospital Authority, Georgia, Revenue Anticipation Certificates, Piedmont Healthcare, Inc Project, Series 2016A, 5.000%, 7/01/46 | 7/26 at 100.00 | AA- | 6,277,062 | ||
4,330 | Fulton County Development Authority, Georgia, Hospital Revenue Bonds, Wellstar Health System, Inc Project, Series 2017A, 5.000%, 4/01/42 | 4/27 at 100.00 | A | 4,735,851 | ||
13,620 | Fulton County Development Authority, Georgia, Hospital Revenue Bonds, Wellstar Health System, Inc. Project, Series 2017A, 5.000%, 4/01/47 | 4/27 at 100.00 | A | 14,856,424 | ||
Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc, Series 2010B: | ||||||
2,360 | 5.250%, 2/15/45 | 2/20 at 100.00 | AA- | 2,426,812 | ||
7,640 | 5.250%, 2/15/45 (Pre-refunded 2/15/20) | 2/20 at 100.00 | N/R (4) | 7,909,463 | ||
12,590 | Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc, Series 2014A, 5.500%, 8/15/54 | 2/25 at 100.00 | AA- | 14,299,596 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Georgia (continued) | ||||||
$ 7,500 | Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc, Series 2017B, 5.250%, 2/15/45 | 2/27 at 100.00 | AA- | $8,558,325 | ||
7,905 | Georgia Municipal Electric Authority, Plant Vogtle Units 3 & 4 Project J Bonds, Series 2015A, 5.000%, 7/01/60 | 7/25 at 100.00 | Baa3 | 8,004,050 | ||
11,000 | Griffin-Spalding County Hospital Authority, Georgia, Revenue Anticipation Certificates, Wellstar Health System Inc, Series 2017A, 4.000%, 4/01/42 | 4/27 at 100.00 | A | 10,983,060 | ||
1,350 | Henry County Water and Sewerage Authority, Georgia, Revenue Bonds, Series 2005, 5.250%, 2/01/27 – BHAC Insured | No Opt. Call | AA+ | 1,660,243 | ||
8,230 | Private Colleges and Universities Authority, Georgia, Revenue Bonds, Mercer University, Series 2015, 5.000%, 10/01/40 | 10/25 at 100.00 | Baa2 | 8,686,765 | ||
2,615 | Valdosta and Lowndes County Hospital Authority, Georgia, Revenue Certificates, South Georgia Medical Center Project, Series 2011B, 5.000%, 10/01/41 | 10/21 at 100.00 | AA- | 2,781,340 | ||
118,070 | Total Georgia | 126,767,200 | ||||
Guam – 0.1% (0.1% of Total Investments) | ||||||
4,060 | Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2013, 5.500%, 7/01/43 | 7/23 at 100.00 | A- | 4,324,347 | ||
Hawaii – 0.0% (0.0% of Total Investments) | ||||||
275 | Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaii Pacific University, Series 2013A, 6.875%, 7/01/43 | 7/23 at 100.00 | BB | 285,139 | ||
Idaho – 0.1% (0.1% of Total Investments) | ||||||
2,110 | Idaho Health Facilities Authority, Revenue Bonds, Saint Luke's Health System Project, Series 2012A, 5.000%, 3/01/47 | 3/22 at 100.00 | A- | 2,218,433 | ||
2,650 | Idaho Housing and Finance Association, GNMA Housing Revenue Refunding Bonds, Wedgewood Terrace Project, Series 2002A-1, 7.250%, 3/20/37 | 4/19 at 100.00 | A1 | 2,684,529 | ||
4,760 | Total Idaho | 4,902,962 | ||||
Illinois – 22.8% (14.2% of Total Investments) | ||||||
Board of Regents of Illinois State University, Auxiliary Facilities System Revenue Bonds, Series 2018A: | ||||||
1,000 | 5.000%, 4/01/34 – AGM Insured | 4/28 at 100.00 | A2 | 1,119,950 | ||
285 | 5.000%, 4/01/37 – AGM Insured | 4/28 at 100.00 | A2 | 315,179 | ||
1,370 | 5.000%, 4/01/38 – AGM Insured | 4/28 at 100.00 | A2 | 1,510,576 | ||
Bolingbrook, Illinois, General Obligation Bonds, Refunding Series 2002B: | ||||||
4,595 | 0.000%, 1/01/32 – FGIC Insured | No Opt. Call | A2 | 2,812,278 | ||
4,000 | 0.000%, 1/01/34 – FGIC Insured | No Opt. Call | A2 | 2,193,760 | ||
11,000 | Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2016, 6.000%, 4/01/46 | 4/27 at 100.00 | A | 12,542,530 | ||
2,940 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues Series 2011A, 5.000%, 12/01/41 | 12/21 at 100.00 | B2 | 2,944,381 | ||
5,000 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017G, 5.000%, 12/01/34 | 12/27 at 100.00 | B+ | 5,180,100 | ||
6,920 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2018D, 5.000%, 12/01/46 | 12/28 at 100.00 | B+ | 6,978,336 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$ 11,450 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2016A, 7.000%, 12/01/44 | 12/25 at 100.00 | B+ | $13,115,173 | ||
1,785 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2016B, 6.500%, 12/01/46 | 12/26 at 100.00 | B+ | 2,004,377 | ||
23,535 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2017A, 7.000%, 12/01/46, 144A | 12/27 at 100.00 | B+ | 27,741,881 | ||
10,510 | Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax Revenues, Series 1998B-1, 0.000%, 12/01/19 – FGIC Insured | No Opt. Call | B+ | 10,272,474 | ||
Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax Revenues, Series 1999A: | ||||||
19,600 | 0.000%, 12/01/20 – FGIC Insured | No Opt. Call | B+ | 18,613,532 | ||
1,000 | 5.500%, 12/01/26 – NPFG Insured | No Opt. Call | B+ | 1,111,570 | ||
3,500 | Chicago Transit Authority, Illinois, Capital Grant Receipts Revenue Bonds, Federal Transit Administration Section 5307 Urbanized Area Formula Funds, Refunding Series 2011, 5.250%, 6/01/26 – AGM Insured | 6/21 at 100.00 | A2 | 3,724,945 | ||
5,785 | Chicago Transit Authority, Illinois, Sales Tax Receipts Revenue Bonds, Series 2011, 5.250%, 12/01/40 | 12/21 at 100.00 | A3 | 6,083,448 | ||
9,285 | Chicago Transit Authority, Illinois, Sales Tax Receipts Revenue Bonds, Series 2014, 5.250%, 12/01/49 | 12/24 at 100.00 | AA | 10,149,434 | ||
13,100 | Chicago, Illinois, General Airport Revenue Bonds, O'Hare International Airport, Third Lien Refunding Series 2010C, 5.250%, 1/01/35 – AGC Insured | 1/20 at 100.00 | A2 | 13,470,337 | ||
Chicago, Illinois, General Obligation Bonds, City Colleges, Series 1999: | ||||||
32,170 | 0.000%, 1/01/21 – FGIC Insured | No Opt. Call | BBB- | 30,599,461 | ||
32,670 | 0.000%, 1/01/22 – FGIC Insured | No Opt. Call | BBB- | 30,131,868 | ||
22,670 | 0.000%, 1/01/25 – FGIC Insured | No Opt. Call | BBB- | 18,554,035 | ||
10,565 | Chicago, Illinois, General Obligation Bonds, Project & Refunding Series 2017A, 6.000%, 1/01/38 | 1/27 at 100.00 | BBB- | 11,817,903 | ||
5,540 | Chicago, Illinois, Motor Fuel Tax Revenue Bonds, Series 2008A, 5.000%, 1/01/38 – AGC Insured | 4/19 at 100.00 | AA | 5,554,570 | ||
5,000 | Chicago, Illinois, Sales Tax Revenue Bonds, Series 2011A, 5.000%, 1/01/41 (Pre-refunded 1/01/22) | 1/22 at 100.00 | N/R (4) | 5,455,750 | ||
5,000 | Cook County Community College District 508, Illinois, General Obligation Bonds, Chicago City Colleges, Series 2013, 5.250%, 12/01/43 | 12/23 at 100.00 | BBB | 5,156,300 | ||
4,500 | Cook County Community College District 508, Illinois, General Obligation Bonds, Chicago City Colleges, Series 2017, 5.000%, 12/01/47 | 12/27 at 100.00 | A+ | 4,842,000 | ||
4,865 | Cook County Community Consolidated School District 15, Palatine, Illinois, General Obligation Bonds, Series 2001, 0.000%, 12/01/20 – FGIC Insured | No Opt. Call | Aa2 | 4,677,941 | ||
Cook County Community High School District 219, Niles Township, Illinois, General Obligation Capital Appreciation Bonds, Series 2001: | ||||||
2,575 | 0.000%, 12/01/20 – NPFG Insured | No Opt. Call | Baa2 | 2,446,714 | ||
3,615 | 0.000%, 12/01/20 (Pre-refunded 6/15/23) – NPFG Insured | No Opt. Call | N/R (4) | 3,494,259 | ||
Cook County, Illinois, General Obligation Bonds, Refunding Series 2010A: | ||||||
3,500 | 5.250%, 11/15/22 | 11/20 at 100.00 | A2 | 3,677,100 | ||
12,425 | 5.250%, 11/15/33 | 11/20 at 100.00 | A2 | 12,905,599 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$ 15,285 | DuPage County Forest Preserve District, Illinois, General Obligation Bonds, Series 2000, 0.000%, 11/01/19 | No Opt. Call | AAA | $15,072,080 | ||
Illinois Educational Facilities Authority, Revenue Bonds, Field Museum of Natural History, Series 2002RMKT: | ||||||
2,750 | 3.900%, 11/01/36 | 11/27 at 102.00 | A | 2,766,693 | ||
5,265 | 5.500%, 11/01/36 | 11/23 at 100.00 | A | 5,766,860 | ||
5,020 | Illinois Finance Authority, Revenue Bonds, Advocate Health Care Network, Series 2012, 5.000%, 6/01/42 | 6/22 at 100.00 | Aa3 | 5,341,832 | ||
Illinois Finance Authority, Revenue Bonds, Ascension Health/fkaPresence Health Network, Series 2016C: | ||||||
3,500 | 5.000%, 2/15/32 | 2/27 at 100.00 | Aa2 | 4,031,265 | ||
27,135 | 4.000%, 2/15/41 | 2/27 at 100.00 | Aa2 | 27,413,676 | ||
1,000 | 5.000%, 2/15/41 | 2/27 at 100.00 | Aa2 | 1,108,640 | ||
4,200 | Illinois Finance Authority, Revenue Bonds, Centegra Health System, Series 2012, 5.000%, 9/01/38 | 9/22 at 100.00 | AA+ | 4,490,010 | ||
Illinois Finance Authority, Revenue Bonds, Centegra Health System, Series 2014A: | ||||||
8,750 | 5.000%, 9/01/39 | 9/24 at 100.00 | AA+ | 9,623,163 | ||
11,030 | 5.000%, 9/01/42 | 9/24 at 100.00 | AA+ | 12,077,409 | ||
1,500 | Illinois Finance Authority, Revenue Bonds, Central DuPage Health, Series 2009B, 5.500%, 11/01/39 (Pre-refunded 11/01/19) | 11/19 at 100.00 | AA+ (4) | 1,541,670 | ||
2,910 | Illinois Finance Authority, Revenue Bonds, Ingalls Health System, Series 2013, 5.000%, 5/15/43 | 5/22 at 100.00 | Baa2 | 3,028,437 | ||
6,000 | Illinois Finance Authority, Revenue Bonds, Memorial Health System, Series 2009, 5.500%, 4/01/34 | 4/19 at 100.00 | A1 | 6,036,480 | ||
16,165 | Illinois Finance Authority, Revenue Bonds, Mercy Health Corporation, Series 2016, 5.000%, 12/01/40 | 6/26 at 100.00 | A3 | 17,298,328 | ||
1,100 | Illinois Finance Authority, Revenue Bonds, Northwestern Memorial Healthcare, Tender Option Bond Trust 2015-XF0076, 13.980%, 8/15/37, 144A (IF) | 8/22 at 100.00 | Aa2 | 1,447,820 | ||
Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Refunding Series 2010A: | ||||||
1,080 | 6.000%, 5/15/39 | 5/20 at 100.00 | A | 1,117,454 | ||
3,460 | 6.000%, 5/15/39 (Pre-refunded 5/15/20) | 5/20 at 100.00 | N/R (4) | 3,643,034 | ||
13,540 | Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Series 2015A, 5.000%, 11/15/45 | 11/25 at 100.00 | A | 14,477,374 | ||
Illinois Finance Authority, Revenue Bonds, Provena Health, Series 2009A: | ||||||
85 | 7.750%, 8/15/34 (Pre-refunded 8/15/19) | 8/19 at 100.00 | N/R (4) | 87,690 | ||
8,400 | 7.750%, 8/15/34 (Pre-refunded 8/15/19) | 8/19 at 100.00 | N/R (4) | 8,665,860 | ||
2,215 | Illinois Finance Authority, Revenue Bonds, Rehabilitation Institute of Chicago, Series 2013A, 6.000%, 7/01/43 | 7/23 at 100.00 | A- | 2,428,880 | ||
4,135 | Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2015C, 5.000%, 8/15/44 | 8/25 at 100.00 | Baa1 | 4,414,609 | ||
5,000 | Illinois Finance Authority, Revenue Bonds, Southern Illinois Healthcare Enterprises, Inc, Series 2017A, 5.000%, 3/01/47 | 3/27 at 100.00 | A+ | 5,420,950 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$ 8,040 | Illinois Finance Authority, Revenue Bonds, The Carle Foundation, Series 2011A, 6.000%, 8/15/41 – AGM Insured | 8/21 at 100.00 | A2 | $8,744,384 | ||
Illinois Finance Authority, Revenue Bonds, The University of Chicago Medical Center, Series 2011C: | ||||||
1,000 | 5.500%, 8/15/41 (Pre-refunded 2/15/21) | 2/21 at 100.00 | AA- (4) | 1,073,440 | ||
2,500 | 5.500%, 8/15/41 (Pre-refunded 2/15/21) (UB) (5) | 2/21 at 100.00 | AA- (4) | 2,683,600 | ||
15,510 | Illinois Finance Authority, Revenue Bonds, University of Chicago, Series 2012A, 5.000%, 10/01/51 | 10/21 at 100.00 | AA+ | 16,442,461 | ||
Illinois State, General Obligation Bonds, February Series 2014: | ||||||
1,600 | 5.250%, 2/01/32 | 2/24 at 100.00 | BBB- | 1,672,736 | ||
5,450 | 5.000%, 2/01/39 | 2/24 at 100.00 | BBB- | 5,543,795 | ||
1,750 | Illinois State, General Obligation Bonds, January Series 2016, 5.000%, 1/01/32 | 1/26 at 100.00 | BBB- | 1,830,990 | ||
5,420 | Illinois State, General Obligation Bonds, May Series 2014, 5.000%, 5/01/39 | 5/24 at 100.00 | BBB- | 5,522,113 | ||
5,000 | Illinois State, General Obligation Bonds, November Series 2016, 5.000%, 11/01/34 | 11/26 at 100.00 | BBB- | 5,208,000 | ||
15,000 | Illinois State, General Obligation Bonds, November Series 2017C, 5.000%, 11/01/29 | 11/27 at 100.00 | BBB- | 16,085,100 | ||
3,500 | Illinois State, General Obligation Bonds, November Series 2017D, 5.000%, 11/01/25 | No Opt. Call | BBB- | 3,779,930 | ||
Illinois State, General Obligation Bonds, October Series 2016: | ||||||
3,510 | 5.000%, 2/01/28 | 2/27 at 100.00 | BBB- | 3,775,391 | ||
6,100 | 5.000%, 2/01/29 | 2/27 at 100.00 | BBB- | 6,518,033 | ||
10,000 | Illinois State, General Obligation Bonds, Refunding Series 2010, 5.000%, 1/01/21 – AGM Insured | 1/20 at 100.00 | BBB | 10,254,800 | ||
2,515 | Illinois State, General Obligation Bonds, Refunding Series 2012, 5.000%, 8/01/24 | 8/22 at 100.00 | BBB- | 2,636,298 | ||
Illinois State, General Obligation Bonds, Series 2012A: | ||||||
2,500 | 5.000%, 3/01/25 | 3/22 at 100.00 | BBB- | 2,604,650 | ||
4,500 | 5.000%, 3/01/27 | 3/22 at 100.00 | BBB- | 4,660,470 | ||
2,035 | Illinois State, General Obligation Bonds, Series 2013, 5.500%, 7/01/38 | 7/23 at 100.00 | BBB- | 2,125,395 | ||
5,030 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2013A, 5.000%, 1/01/38 | 1/23 at 100.00 | AA- | 5,462,127 | ||
Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2014B: | ||||||
8,000 | 5.000%, 1/01/38 | 1/24 at 100.00 | AA- | 8,859,760 | ||
6,500 | 5.000%, 1/01/39 | 1/24 at 100.00 | AA- | 7,192,250 | ||
10,040 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2015A, 5.000%, 1/01/40 | 7/25 at 100.00 | AA- | 11,270,904 | ||
8,890 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2015B, 5.000%, 1/01/40 | 1/26 at 100.00 | AA- | 9,814,382 | ||
10,000 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2017A, 5.000%, 1/01/42 | 1/28 at 100.00 | AA- | 11,178,800 | ||
1,115 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Tender Option Bond Trust 2015-XF0051, 14.496%, 1/01/38, 144A (IF) | 1/23 at 100.00 | AA- | 1,498,415 | ||
11,050 | Illinois, General Obligation Bonds, Illinois FIRST Program, Series 2001, 6.000%, 11/01/26 – FGIC Insured | No Opt. Call | BBB- | 12,679,764 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Lake County Community Unit School District 60, Waukegan, Illinois, General Obligation Refunding Bonds, Series 2001B: | ||||||
$ 3,230 | 0.000%, 11/01/19 – AGM Insured | No Opt. Call | A2 | $3,177,545 | ||
1,740 | 0.000%, 11/01/21 – AGM Insured | No Opt. Call | A2 | 1,628,953 | ||
4,020 | Lake, Cook, Kane and McHenry Counties Community Unit School District 220, Barrington, Illinois, General Obligation Bonds, Refunding Series 2002, 5.250%, 12/01/20 – AGM Insured (UB) | No Opt. Call | A2 | 4,264,818 | ||
5,000 | Macon County School District 61 Decatur, Illinois, General Obligation Bonds, Series 2011A, 5.250%, 1/01/39 – AGM Insured | 1/21 at 100.00 | A2 | 5,272,800 | ||
17,945 | McHenry and Kane Counties Community Consolidated School District 158, Huntley, Illinois, General Obligation Bonds, Series 2003, 0.000%, 1/01/22 – FGIC Insured | No Opt. Call | Baa2 | 16,684,543 | ||
2,910 | McHenry County Community High School District 154, Marengo, Illinois, Capital Appreciation School Bonds, Series 2001, 0.000%, 1/01/21 – FGIC Insured | No Opt. Call | Aa2 | 2,790,457 | ||
5,000 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2012B, 5.000%, 6/15/52 (UB) (5) | 6/22 at 100.00 | BBB- | 5,078,500 | ||
5,000 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2015A, 5.500%, 6/15/53 | 12/25 at 100.00 | BBB- | 5,328,600 | ||
2,030 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2017A, 5.000%, 6/15/57 | 12/27 at 100.00 | BBB- | 2,091,428 | ||
Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Refunding Bonds, Series 2010A: | ||||||
3,790 | 5.500%, 6/15/50 (Pre-refunded 6/15/20) | 6/20 at 100.00 | BBB- (4) | 3,980,637 | ||
11,795 | 5.500%, 6/15/50 | 6/20 at 100.00 | BBB | 11,906,699 | ||
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Capital Appreciation Refunding Series 2010B-1: | ||||||
33,000 | 0.000%, 6/15/45 – AGM Insured | No Opt. Call | BBB- | 10,026,390 | ||
5,355 | 0.000%, 6/15/46 – AGM Insured | No Opt. Call | BBB- | 1,551,022 | ||
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Refunding Series 1996A: | ||||||
16,570 | 0.000%, 12/15/20 – NPFG Insured | No Opt. Call | BBB- | 15,669,586 | ||
5,010 | 0.000%, 12/15/21 – NPFG Insured | No Opt. Call | Baa2 | 4,577,186 | ||
23,920 | 0.000%, 12/15/22 – NPFG Insured | No Opt. Call | BBB- | 21,110,357 | ||
13,350 | 0.000%, 12/15/24 – NPFG Insured | No Opt. Call | BBB- | 10,898,539 | ||
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Refunding Series 1998A: | ||||||
5,100 | 5.500%, 12/15/23 – FGIC Insured | No Opt. Call | BBB- | 5,575,677 | ||
5,180 | 5.500%, 12/15/23 – FGIC Insured (ETM) | No Opt. Call | BBB- (4) | 5,616,829 | ||
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Refunding Series 2010B-2: | ||||||
2,330 | 5.000%, 6/15/50 | 6/20 at 100.00 | Ba1 | 2,336,850 | ||
8,000 | 5.250%, 6/15/50 | 6/20 at 100.00 | Ba1 | 8,049,680 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 2002A: | ||||||
$ 1,420 | 5.700%, 6/15/25 (Pre-refunded 6/15/22) | 6/22 at 101.00 | N/R (4) | $1,614,313 | ||
5,080 | 5.700%, 6/15/25 | 6/24 at 100.00 | BBB- | 5,597,601 | ||
8,000 | 5.750%, 6/15/26 – NPFG Insured | 6/22 at 101.00 | BBB- | 8,806,160 | ||
1,115 | 5.750%, 6/15/27 | No Opt. Call | BBB- | 1,223,211 | ||
4,610 | 5.750%, 6/15/27 (Pre-refunded 6/15/22) | 6/22 at 101.00 | N/R (4) | 5,248,347 | ||
195 | 0.000%, 6/15/30 (ETM) | No Opt. Call | N/R (4) | 144,419 | ||
3,505 | 0.000%, 6/15/30 | No Opt. Call | BBB | 2,190,380 | ||
28,000 | 0.000%, 12/15/35 – AGM Insured | No Opt. Call | BBB- | 13,799,800 | ||
3,280 | 0.000%, 6/15/37 – NPFG Insured | No Opt. Call | BBB- | 1,407,612 | ||
11,715 | 0.000%, 12/15/38 – NPFG Insured | No Opt. Call | BBB- | 4,646,520 | ||
9,760 | Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Hospitality Facility, Series 1996A, 7.000%, 7/01/26 (ETM) | No Opt. Call | AA+ (4) | 11,735,717 | ||
Midlothian, Illinois, General Obligation Bonds, Series 2010A: | ||||||
2,685 | 5.000%, 2/01/30 – AGM Insured | 2/20 at 100.00 | AA | 2,704,090 | ||
2,080 | 5.250%, 2/01/34 – AGM Insured | 2/20 at 100.00 | AA | 2,097,763 | ||
17,865 | Regional Transportation Authority, Cook, DuPage, Kane, Lake, McHenry and Will Counties, Illinois, General Obligation Bonds, Series 1999, 5.750%, 6/01/23 – AGM Insured | No Opt. Call | A2 | 20,157,615 | ||
2,300 | Regional Transportation Authority, Cook, DuPage, Kane, Lake, McHenry and Will Counties, Illinois, General Obligation Bonds, Series 2000A, 6.500%, 7/01/30 – NPFG Insured | No Opt. Call | A2 | 2,986,941 | ||
4,125 | Southwestern Illinois Development Authority, Health Facility Revenue Bonds, Memorial Group, Inc, Series 2013, 7.625%, 11/01/48 (Pre-refunded 11/01/23) | 11/23 at 100.00 | N/R (4) | 5,190,818 | ||
Springfield, Illinois, Electric Revenue Bonds, Senior Lien Series 2015: | ||||||
2,250 | 5.000%, 3/01/29 | 3/25 at 100.00 | A3 | 2,539,463 | ||
7,000 | 5.000%, 3/01/31 | 3/25 at 100.00 | A3 | 7,854,700 | ||
2,685 | Sterling, Whiteside County, Illinois, General Obligation Bonds, Recovery Zone Facility Series 2010A, 5.250%, 5/01/31 – AGM Insured | 5/20 at 100.00 | AA | 2,788,023 | ||
2,000 | University of Illinois, Health Services Facilities System Revenue Bonds, Series 2013, 6.250%, 10/01/38 | 10/23 at 100.00 | Baa1 | 2,281,500 | ||
4,810 | Will County Community High School District 210 Lincoln-Way, Illinois, General Obligation Bonds, Series 2006, 0.000%, 1/01/23 – AGM Insured | No Opt. Call | A2 | 4,293,117 | ||
Will County Community Unit School District 201U, Crete-Monee, Illinois, General Obligation Bonds, Capital Appreciation Series 2004: | ||||||
780 | 0.000%, 11/01/22 – NPFG Insured (ETM) | No Opt. Call | Baa2 (4) | 721,890 | ||
2,550 | 0.000%, 11/01/22 – NPFG Insured | No Opt. Call | Baa2 | 2,321,061 | ||
1,895 | Williamson & Johnson Counties Community Unit School District 2, Marion, Illinois, General Obligation Bonds, Series 2011, 7.250%, 12/01/28 (Pre-refunded 12/01/20) – AGM Insured | 12/20 at 100.00 | A2 (4) | 2,079,535 | ||
897,815 | Total Illinois | 869,663,655 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana – 3.8% (2.4% of Total Investments) | ||||||
$ 6,000 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Valparaiso University Project, Series 2014, 5.000%, 10/01/44 | 10/24 at 100.00 | A3 | $6,559,020 | ||
7,910 | Indiana Finance Authority, Health System Revenue Bonds, Sisters of Saint Francis Health Services, Inc Obligated Group, Series 2009, 5.250%, 11/01/39 (Pre-refunded 11/01/19) | 11/19 at 100.00 | Aa3 (4) | 8,115,264 | ||
Indiana Finance Authority, Hospital Revenue Bonds, Community Health Network Project, Series 2012A: | ||||||
5,000 | 4.000%, 5/01/35 | 5/23 at 100.00 | A | 5,123,350 | ||
5,420 | 5.000%, 5/01/42 | 5/23 at 100.00 | A | 5,817,178 | ||
Indiana Finance Authority, Hospital Revenue Bonds, Indiana University Health Obligation Group, Refunding 2015A: | ||||||
1,875 | 4.000%, 12/01/40 | 6/25 at 100.00 | AA | 1,903,219 | ||
3,400 | 5.000%, 12/01/40 | 6/25 at 100.00 | AA | 3,735,512 | ||
8,630 | Indiana Finance Authority, Revenue Bonds, Community Foundation of Northwest Indiana Obligated Group, Series 2012, 5.000%, 3/01/41 | 3/22 at 100.00 | AA- | 9,203,895 | ||
6,290 | Indiana Finance Authority, Revenue Bonds, Trinity Health Care Group, Refunding Series 2009A, 5.250%, 12/01/38 (Pre-refunded 12/01/19) | 12/19 at 100.00 | AA- (4) | 6,470,963 | ||
2,500 | Indiana Finance Authority, Revenue Bonds, Trinity Health Care Group, Refunding Series 2010B, 5.000%, 12/01/37 (Pre-refunded 12/01/20) | 12/20 at 100.00 | AA- (4) | 2,640,625 | ||
10,000 | Indiana Finance Authority, Revenue Bonds, Trinity Health Care Group, Series 2009A, 5.250%, 12/01/38 (Pre-refunded 12/01/19) (UB) (5) | 12/19 at 100.00 | AA- (4) | 10,287,700 | ||
11,000 | Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, First Lien Green Series 2016A, 5.000%, 10/01/46 | 10/26 at 100.00 | A | 12,161,820 | ||
5,000 | Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, Series 2011B, 5.000%, 10/01/41 | 10/21 at 100.00 | A2 | 5,336,700 | ||
5,000 | Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, Series 2012A, 5.000%, 10/01/37 | 10/22 at 100.00 | A1 | 5,459,900 | ||
13,215 | Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, Series 2014A, 5.000%, 10/01/44 | 10/24 at 100.00 | A | 14,602,311 | ||
5,130 | Indiana Finance Authority, Water Utility Revenue Bonds, Citizens Energy Group Project, First Lien Series 2016A, 5.000%, 10/01/46 | 10/26 at 100.00 | A+ | 5,671,831 | ||
4,320 | Indiana Health Facility Financing Authority, Revenue Bonds, Ancilla Systems Inc Obligated Group, Series 1997, 5.250%, 7/01/22 – NPFG Insured (ETM) | 7/19 at 100.00 | N/R (4) | 4,331,275 | ||
14,100 | Indiana Municipal Power Agency Power Supply System Revenue Bonds, Refunding Series 2016A, 5.000%, 1/01/42 | 7/26 at 100.00 | A+ | 15,742,086 | ||
3,000 | Indiana Municipal Power Agency, Power Supply System Revenue Bonds, Series 2011A, 5.000%, 1/01/31 (Pre-refunded 7/01/21) | 7/21 at 100.00 | A+ (4) | 3,235,560 | ||
Indianapolis Local Public Improvement Bond Bank, Indiana, Series 1999E: | ||||||
9,255 | 0.000%, 2/01/25 – AMBAC Insured | No Opt. Call | AA | 8,036,487 | ||
9,560 | 0.000%, 2/01/26 – AMBAC Insured | No Opt. Call | A | 8,035,562 | ||
1,580 | Zionsville Community Schools Building Corporation, Indiana, First Mortgage Bonds, Series 2005Z, 0.000%, 1/15/28 – AGM Insured | No Opt. Call | A2 | 1,247,315 | ||
138,185 | Total Indiana | 143,717,573 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Iowa – 2.5% (1.6% of Total Investments) | ||||||
$ 4,000 | Ames, Iowa, Hospital Revenue Bonds, Mary Greeley Medical Center, Series 2011, 5.250%, 6/15/36 (Pre-refunded 6/15/20) | 6/20 at 100.00 | A2 (4) | $4,185,000 | ||
Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2013: | ||||||
7,255 | 5.500%, 12/01/22 | 4/19 at 100.00 | B- | 7,262,110 | ||
16,130 | 5.250%, 12/01/25 | 12/23 at 100.00 | B- | 17,114,898 | ||
2,310 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2016, 5.875%, 12/01/26, 144A | 12/19 at 104.00 | B- | 2,427,371 | ||
2,690 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2018B, 5.250%, 12/01/50 (Mandatory Put 12/01/22) | 12/22 at 105.00 | B+ | 2,864,527 | ||
3,085 | Iowa Finance Authority, Senior Housing Revenue Bonds, Northcrest Inc Project, Series 2018A, 5.000%, 3/01/48 | 3/24 at 103.00 | BB+ | 3,107,305 | ||
Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C: | ||||||
13,950 | 5.375%, 6/01/38 | 4/19 at 100.00 | B2 | 13,857,790 | ||
12,830 | 5.500%, 6/01/42 | 4/19 at 100.00 | B2 | 12,745,579 | ||
5,675 | 5.625%, 6/01/46 | 4/19 at 100.00 | B | 5,615,923 | ||
16,100 | Iowa Tobacco Settlement Authority, Tobacco Asset-Backed Revenue Bonds, Series 2005B, 5.600%, 6/01/34 | 4/19 at 100.00 | B2 | 16,102,737 | ||
Xenia Rural Water District, Iowa, Water Revenue Bonds, Refunding Capital Loan Note Series 2016: | ||||||
4,700 | 5.000%, 12/01/36 | 12/26 at 100.00 | BBB+ | 5,108,289 | ||
5,990 | 5.000%, 12/01/41 | 12/26 at 100.00 | BBB+ | 6,417,806 | ||
94,715 | Total Iowa | 96,809,335 | ||||
Kansas – 0.5% (0.3% of Total Investments) | ||||||
2,000 | Kansas Development Finance Authority, Health Facilities Revenue Bonds, Stormont-Vail Health Care Inc, Series 2013J, 5.000%, 11/15/38 | 11/22 at 100.00 | A2 | 2,153,000 | ||
3,000 | Kansas Development Finance Authority, Hospital Revenue Bonds, Adventist Health System/Sunbelt Obligated Group, Series 2012A, 5.000%, 11/15/28 | 5/22 at 100.00 | AA | 3,258,390 | ||
3,700 | Kansas Municipal Energy Agency, Power Project Revenue Bonds, Dogwood Project, Series 2018A, 5.000%, 4/01/38 – BAM Insured | 4/26 at 100.00 | AA | 4,055,940 | ||
5,270 | Lawrence, Kansas, Hospital Revenue Bonds, Lawrence Memorial Hospital, Series 2018A, 5.000%, 7/01/43 | 7/28 at 100.00 | A | 5,845,326 | ||
1,820 | Overland Park Development Corporation, Kansas, First Tier Revenue Bonds, Overland Park Convention Center, Series 2007A, 5.125%, 1/01/22 – AMBAC Insured | 4/19 at 100.00 | Ba2 | 1,822,839 | ||
15,790 | Total Kansas | 17,135,495 | ||||
Kentucky – 1.3% (0.8% of Total Investments) | ||||||
6,010 | Kentucky Economic Development Finance Authority, Health System Revenue Bonds, Norton Healthcare Inc, Series 2000B, 0.000%, 10/01/28 – NPFG Insured | No Opt. Call | Baa2 | 4,393,610 | ||
2,000 | Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Baptist Healthcare System Obligated Group, Series 2011, 5.000%, 8/15/42 | 8/21 at 100.00 | A | 2,079,900 | ||
1,300 | Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Owensboro Health, Refunding Series 2017A, 5.000%, 6/01/37 | 6/27 at 100.00 | BB+ | 1,384,578 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Kentucky (continued) | ||||||
$ 4,525 | Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Owensboro Medical Health System, Series 2010A, 6.500%, 3/01/45 (Pre-refunded 6/01/20) | 6/20 at 100.00 | BB+ (4) | $4,804,554 | ||
Kentucky Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds, Downtown Crossing Project, Convertible Capital Appreciation Series 2013C: | ||||||
5,000 | 6.750%, 7/01/43 (6) | 7/31 at 100.00 | Baa3 | 4,846,800 | ||
8,610 | 6.875%, 7/01/46 (6) | 7/31 at 100.00 | Baa3 | 8,361,774 | ||
Kentucky Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds, Downtown Crossing Project, Series 2013A: | ||||||
2,655 | 5.750%, 7/01/49 | 7/23 at 100.00 | Baa3 | 2,876,666 | ||
430 | 6.000%, 7/01/53 | 7/23 at 100.00 | Baa3 | 468,412 | ||
4,630 | Lexington-Fayette Urban County Government Public Facilities Corporation, Kentucky State Lease Revenue Bonds, Eastern State Hospital Project, Series 2011A, 5.250%, 6/01/31 | 6/21 at 100.00 | A- | 4,874,881 | ||
Louisville/Jefferson County Metro Government, Kentucky, Revenue Bonds, Catholic Health Initiatives, Series 2012A: | ||||||
2,980 | 5.000%, 12/01/35 | 6/22 at 100.00 | BBB+ | 3,146,820 | ||
9,635 | 5.000%, 12/01/35 (Pre-refunded 6/01/22) | 6/22 at 100.00 | N/R (4) | 10,648,506 | ||
47,775 | Total Kentucky | 47,886,501 | ||||
Louisiana – 3.0% (1.9% of Total Investments) | ||||||
7,715 | Ascension Parish Industrial development Board, Louisiana, Revenue Bonds, Impala Warehousing (US) LLC Project, Series 2013, 6.000%, 7/01/36 | 7/23 at 100.00 | N/R | 8,169,568 | ||
4,000 | Board of Commissioners of the Port of New Orleans, Louisiana, Port Facility Revenue Bonds, Refunding Series 2018A, 5.000%, 4/01/48 – AGM Insured | 4/28 at 100.00 | A2 | 4,463,160 | ||
670 | Jefferson Parish Hospital District1, Louisiana, Hospital Revenue Bonds, West Jefferson Medical Center, Refunding Series 2011A, 6.000%, 1/01/39 (Pre-refunded 1/01/21) – AGM Insured | 1/21 at 100.00 | A2 (4) | 722,541 | ||
1,870 | Jefferson Sales Tax District, Jefferson Parish, Louisiana, Special Sales Tax Revenue Bonds, Series 2017B, 5.000%, 12/01/42 – AGM Insured | 12/27 at 100.00 | A2 | 2,126,284 | ||
5,000 | Lafayette Public Trust Financing Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc Housing & Parking Project, Series 2010, 5.500%, 10/01/41 (Pre-refunded 10/01/20) – AGM Insured | 10/20 at 100.00 | AA (4) | 5,309,250 | ||
1,695 | Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University Nicolson Gateway Project, Series 2016A, 5.000%, 7/01/46 | 7/26 at 100.00 | A3 | 1,829,753 | ||
Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2016: | ||||||
20 | 4.000%, 5/15/35 (Pre-refunded 5/15/26) | 5/26 at 100.00 | N/R (4) | 22,553 | ||
2,345 | 4.000%, 5/15/36 | 5/26 at 100.00 | A3 | 2,399,967 | ||
20 | 5.000%, 5/15/47 (Pre-refunded 5/15/26) | 5/26 at 100.00 | N/R (4) | 23,896 | ||
Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2017: | ||||||
4,000 | 5.000%, 5/15/42 | 5/27 at 100.00 | A3 | 4,326,240 | ||
22,625 | 5.000%, 5/15/46 | 5/27 at 100.00 | A3 | 24,403,551 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Louisiana (continued) | ||||||
$ 5,750 | Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2011, 6.750%, 5/15/41 (Pre-refunded 5/15/21) | 5/21 at 100.00 | A3 (4) | $6,387,042 | ||
1,975 | Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2015, 5.000%, 5/15/47 | 5/25 at 100.00 | A3 | 2,108,471 | ||
13,590 | Louisiana Stadium and Exposition District, Revenue Refunding Bonds, Senior Lien Series 2013A, 5.000%, 7/01/36 | 7/23 at 100.00 | A2 | 15,041,412 | ||
1,015 | Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Refunding Second Lien Series 2017C, 5.000%, 5/01/45 | 11/27 at 100.00 | AA- | 1,150,827 | ||
5,000 | Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Second Lien Series 2010B, 5.000%, 5/01/45 (Pre-refunded 5/01/20) | 5/20 at 100.00 | AA- (4) | 5,201,750 | ||
12,000 | New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, North Terminal Project, Series 2015A, 5.000%, 1/01/45 | 1/25 at 100.00 | A- | 13,188,000 | ||
5,000 | New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, North Terminal Project, Series 2017A, 5.000%, 1/01/48 | 1/27 at 100.00 | A- | 5,535,900 | ||
6,280 | New Orleans, Louisiana, Sewerage Service Revenue Bonds, Refunding Series 2014, 5.000%, 6/01/44 | 6/24 at 100.00 | A- | 6,736,870 | ||
1,355 | Shreveport, Louisiana, Water and Sewer Revenue Bonds, Refunding Series 2015, 5.000%, 12/01/40 | 12/25 at 100.00 | A- | 1,479,104 | ||
5,000 | St Tammany Parish Hospital District No 1, Louisiana, Hospital Revenue and Revenue Refunding Bonds, St Tammany Parish Hospital Project, Series 2018, 5.000%, 7/01/48 | 7/28 at 100.00 | A+ | 5,504,000 | ||
106,925 | Total Louisiana | 116,130,139 | ||||
Maine – 0.6% (0.4% of Total Investments) | ||||||
7,000 | Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2013, 5.000%, 7/01/43 | 7/23 at 100.00 | BBB | 7,297,360 | ||
6,300 | Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2016A, 5.000%, 7/01/41 | 7/26 at 100.00 | Ba1 | 6,675,417 | ||
Maine Health and Higher Educational Facilities Authority Revenue Bonds, MaineHealth Issue, Series 2018A: | ||||||
3,440 | 5.000%, 7/01/43 | 7/28 at 100.00 | A+ | 3,830,062 | ||
2,935 | 5.000%, 7/01/48 | 7/28 at 100.00 | A+ | 3,252,949 | ||
1,050 | Maine Health and Higher Educational Facilities Authority, Revenue Bonds, Maine General Medical Center, Series 2011, 6.750%, 7/01/41 | 7/21 at 100.00 | BB | 1,117,609 | ||
20,725 | Total Maine | 22,173,397 | ||||
Maryland – 1.3% (0.8% of Total Investments) | ||||||
Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017: | ||||||
3,260 | 5.000%, 9/01/35 | 9/27 at 100.00 | BBB- | 3,607,255 | ||
1,000 | 5.000%, 9/01/39 | 9/27 at 100.00 | BBB- | 1,087,540 | ||
1,645 | 5.000%, 9/01/46 | 9/27 at 100.00 | BBB- | 1,772,027 | ||
8,610 | Baltimore, Maryland, Revenue Bonds, Water Projects, Subordinate Series 2017A, 5.000%, 7/01/41 | 1/27 at 100.00 | A+ | 9,665,844 | ||
1,000 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Mercy Medical Cente, Series 2011, 6.250%, 7/01/31 | 7/21 at 100.00 | BBB | 1,082,210 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Maryland (continued) | ||||||
$ 3,500 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, University of Maryland Medical System Issue, Series 2013A, 5.000%, 7/01/43 | 7/22 at 100.00 | A- | $3,765,090 | ||
4,000 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, University of Maryland Medical System Issue, Taxable Series 2017D, 4.000%, 7/01/48 | 1/28 at 100.00 | A- | 4,053,840 | ||
17,000 | Maryland Stadium Authority, Lease Revenue Bonds, Baltimore City Public Schools Construction & Revitalization Program, Series 2018A, 5.000%, 5/01/42 | 5/28 at 100.00 | AA- | 19,198,270 | ||
2,000 | Montgomery County, Maryland, Revenue Bonds, Trinity Health Credit Group, Series 2015, 5.000%, 12/01/44 | 6/25 at 100.00 | AA- | 2,209,400 | ||
1,150 | Rockville Mayor and Council, Maryland, Economic Development Revenue Bonds, Ingleside King Farm Project, Series 2017A-1, 5.000%, 11/01/37 | 11/24 at 103.00 | BB | 1,204,648 | ||
2,100 | Rockville Mayor and Council, Maryland, Economic Development Revenue Bonds, Series 2017B, 5.000%, 11/01/42 | 11/24 at 103.00 | BB | 2,171,988 | ||
45,265 | Total Maryland | 49,818,112 | ||||
Massachusetts – 2.7% (1.7% of Total Investments) | ||||||
5,500 | Massachusetts Department of Transportation, Metropolitan Highway System Revenue Bonds, Commonwealth Contract Assistance Secured, Refunding Series 2010B, 5.000%, 1/01/35 | 1/20 at 100.00 | AA | 5,654,770 | ||
14,375 | Massachusetts Department of Transportation, Metropolitan Highway System Revenue Bonds, Refunding Senior Lien Series 2010B, 5.000%, 1/01/37 | 1/20 at 100.00 | A2 | 14,746,594 | ||
1,250 | Massachusetts Development Finance Agency, Hospital Revenue Bonds, Cape Cod Healthcare Obligated Group, Series 2013, 5.250%, 11/15/41 | 11/23 at 100.00 | A+ | 1,360,387 | ||
930 | Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Green Bonds, Series 2015D, 5.000%, 7/01/44 | 7/25 at 100.00 | BBB | 986,395 | ||
11,370 | Massachusetts Development Finance Agency, Revenue Bonds, Boston University, Series 2016BB-1, 5.000%, 10/01/46 | 10/26 at 100.00 | A+ | 12,717,459 | ||
3,630 | Massachusetts Development Finance Agency, Revenue Bonds, CareGroup Issue, Series 2018J-2, 5.000%, 7/01/53 | 7/28 at 100.00 | Baa1 | 3,918,077 | ||
1,100 | Massachusetts Development Finance Agency, Revenue Bonds, Dana-Farber Cancer Institute Issue, Series 2016N, 5.000%, 12/01/46 | 12/26 at 100.00 | A1 | 1,216,798 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Emerson College, Series 2015: | ||||||
2,070 | 4.500%, 1/01/45 | 1/25 at 100.00 | Baa2 | 2,098,876 | ||
8,800 | 5.000%, 1/01/45 | 1/25 at 100.00 | Baa2 | 9,291,832 | ||
2,700 | Massachusetts Development Finance Agency, Revenue Bonds, Olin College, Series 2013E, 5.000%, 11/01/43 | 11/23 at 100.00 | A2 | 2,934,414 | ||
4,000 | Massachusetts Development Finance Agency, Revenue Bonds, Partners HealthCare System Issue, Series 2017S-1, 4.000%, 7/01/35 | 1/28 at 100.00 | AA- | 4,176,760 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Western New England University, Series 2015: | ||||||
1,380 | 5.000%, 9/01/40 | 9/25 at 100.00 | BBB | 1,468,900 | ||
1,545 | 5.000%, 9/01/45 | 9/25 at 100.00 | BBB | 1,635,336 | ||
3,000 | Massachusetts Development Finance Authority, Revenue Bonds, WGBH Educational Foundation, Series 2002A, 5.750%, 1/01/42 – AMBAC Insured | No Opt. Call | AA- | 3,978,270 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Massachusetts (continued) | ||||||
$ 4,500 | Massachusetts Health and Education Facilities Authority, Revenue Bonds, Partners HealthCare System, Series 2010J-1, 5.000%, 7/01/39 (Pre-refunded 7/01/19) | 7/19 at 100.00 | AA- (4) | $4,561,560 | ||
3,335 | Massachusetts Health and Education Facilities Authority, Revenue Bonds, Partners HealthCare System, Tender Option Trust 2015-XF0047, 11.335%, 7/01/34 (Pre-refunded 7/01/19), 144A (IF) | 7/19 at 100.00 | AA- (4) | 3,471,868 | ||
1,800 | Massachusetts Health and Educational Facilities Authority, Revenue Bonds, Massachusetts Eye and Ear Infirmary, Series 2010C, 5.375%, 7/01/35 (Pre-refunded 7/01/20) | 7/20 at 100.00 | N/R (4) | 1,889,064 | ||
900 | Massachusetts Port Authority, Special Facilities Revenue Bonds, ConRac Project, Series 2011A, 5.125%, 7/01/41 | 7/21 at 100.00 | A3 | 952,263 | ||
6,840 | Massachusetts School Building Authority, Dedicated Sales Tax Revenue Bonds, Senior Series 2013A, 5.000%, 5/15/43 | 5/23 at 100.00 | AAA | 7,515,245 | ||
7,500 | Massachusetts School Building Authority, Dedicated Sales Tax Revenue Bonds, Tender Option Bond Trust 2016-XF2223, 8.199%, 8/15/24, 144A (IF) | 8/22 at 100.00 | Aa2 | 9,156,450 | ||
8,050 | Metropolitan Boston Transit Parking Corporation, Massachusetts, Systemwide Parking Revenue Bonds, Senior Lien Series 2011, 5.000%, 7/01/41 | 7/21 at 100.00 | A+ | 8,513,519 | ||
500 | Springfield Water and Sewer Commission, Massachusetts, General Revenue Bonds, Refunding Series 2010B, 5.000%, 11/15/30 (Pre-refunded 11/15/20) – AGC Insured | 11/20 at 100.00 | A3 (4) | 529,260 | ||
95,075 | Total Massachusetts | 102,774,097 | ||||
Michigan – 5.3% (3.3% of Total Investments) | ||||||
5,335 | Detroit Water and Sewerage Department, Michigan, Sewage Disposal System Revenue Bonds, Refunding Senior Lien Series 2012A, 5.250%, 7/01/39 | 7/22 at 100.00 | A2 | 5,751,557 | ||
2,830 | Detroit, Michigan, Senior Lien Sewerage Disposal System Revenue Bonds, Series 2001B, 5.500%, 7/01/29 – NPFG Insured | No Opt. Call | A3 | 3,366,342 | ||
10,000 | Detroit, Michigan, Water Supply System Revenue Bonds, Senior Lien Series 2011A, 5.250%, 7/01/41 | 7/21 at 100.00 | A2 | 10,653,100 | ||
3,500 | Eastern Michigan University, General Revenue Bonds, Series 2018A, 4.000%, 3/01/44 – AGM Insured | 3/28 at 100.00 | A2 | 3,580,220 | ||
Grand Rapids and Kent County Joint Building Authority, Michigan, Limited Tax General Obligation Bonds, Devos Place Project, Series 2001: | ||||||
7,660 | 0.000%, 12/01/21 | No Opt. Call | AAA | 7,255,399 | ||
7,955 | 0.000%, 12/01/22 | No Opt. Call | AAA | 7,377,546 | ||
8,260 | 0.000%, 12/01/23 | No Opt. Call | AAA | 7,489,425 | ||
8,575 | 0.000%, 12/01/24 | No Opt. Call | AAA | 7,583,816 | ||
10,000 | Great Lakes Water Authority, Michigan, Water Supply Revenue Bonds, Refunding Senior Lien Series 2016C, 5.000%, 7/01/35 | 7/26 at 100.00 | A2 | 11,405,000 | ||
27,960 | Great Lakes Water Authority, Michigan, Water Supply Revenue Bonds, Senior Lien Series 2016A, 5.000%, 7/01/46 | 7/26 at 100.00 | A2 | 31,196,650 | ||
Kalamazoo Hospital Finance Authority, Michigan, Hospital Revenue Refunding Bonds, Bronson Methodist Hospital, Remarketed Series 2006: | ||||||
895 | 5.250%, 5/15/36 – AGM Insured | 5/20 at 100.00 | A2 | 925,448 | ||
1,105 | 5.250%, 5/15/36 (Pre-refunded 5/15/20) – AGM Insured | 5/20 at 100.00 | A2 (4) | 1,153,012 | ||
405 | Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water & Sewerage Department Water Supply System Local Project, Refunding Senior Loan Series 2014D-1, 5.000%, 7/01/37 – AGM Insured | 7/24 at 100.00 | A2 | 445,362 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Michigan (continued) | ||||||
$ 1,300 | Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water & Sewerage Department Water Supply System Local Project, Series 2014C-1, 5.000%, 7/01/44 | 7/22 at 100.00 | A+ | $1,386,814 | ||
7,000 | Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2016MI, 5.000%, 12/01/45 | 6/26 at 100.00 | AA- | 7,677,670 | ||
12,520 | Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2017A, 4.000%, 12/01/36 | 12/27 at 100.00 | AA- | 12,876,194 | ||
Michigan Finance Authority, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2011MI: | ||||||
35 | 5.000%, 12/01/39 (Pre-refunded 12/01/21) | 12/21 at 100.00 | N/R (4) | 38,111 | ||
9,965 | 5.000%, 12/01/39 | 12/21 at 100.00 | AA- | 10,609,237 | ||
3,000 | Michigan Finance Authority, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2015, 5.000%, 12/01/31 | 6/22 at 100.00 | AA- | 3,245,760 | ||
10,330 | Michigan Hospital Finance Authority, Revenue Bonds, Ascension Health Senior Credit Group, Refunding and Project Series 2010F-6, 4.000%, 11/15/47 | 11/26 at 100.00 | AA+ | 10,398,281 | ||
1,315 | Michigan Public Power Agency, AFEC Project Revenue Bonds, Series 2012A, 5.000%, 1/01/43 | 1/22 at 100.00 | BBB | 1,377,962 | ||
Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2015-I: | ||||||
17,000 | 5.000%, 4/15/31 | 10/25 at 100.00 | AA- | 19,696,030 | ||
1,615 | 5.000%, 4/15/38 | 10/25 at 100.00 | AA- | 1,840,050 | ||
11,345 | Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Henry Ford Health System, Refunding Series 2009, 5.750%, 11/15/39 (Pre-refunded 11/15/19) | 11/19 at 100.00 | N/R (4) | 11,698,510 | ||
2,000 | Michigan State Hospital Finance Authority, Revenue Bonds, Trinity Health Care Group, Series 2009C, 5.000%, 12/01/48 | 6/22 at 100.00 | AA- | 2,127,560 | ||
4,575 | Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Revenue Bonds, Series 2008A, 6.875%, 6/01/42 | 4/19 at 100.00 | B2 | 4,575,915 | ||
5,780 | Oakland University, Michigan, General Revenue Bonds, Series 2012, 5.000%, 3/01/42 | 3/22 at 100.00 | A1 | 6,146,510 | ||
2,500 | Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont Hospital Obligated Group, Refunding Series 2009W, 6.375%, 8/01/29 (Pre-refunded 8/01/19) | 8/19 at 100.00 | N/R (4) | 2,556,600 | ||
2,200 | Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2015D, 5.000%, 12/01/45 | 12/25 at 100.00 | A | 2,443,826 | ||
5,000 | Wayne State University, Michigan, General Revenue Bonds, Series 2018A, 5.000%, 11/15/43 | 11/28 at 100.00 | A+ | 5,612,000 | ||
191,960 | Total Michigan | 202,489,907 | ||||
Minnesota – 1.9% (1.2% of Total Investments) | ||||||
285 | Baytown Township, Minnesota Charter School Lease Revenue Bonds, Saint Croix Preparatory Academy, Refunding Series 2016A, 4.000%, 8/01/36 | 8/26 at 100.00 | BB+ | 271,862 | ||
4,005 | City of Milaca, Minnesota Refunding Revenue Bonds, Grandview Christian Home Project, Series 2016, 5.000%, 10/01/41 | 10/24 at 102.00 | N/R | 4,073,566 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Minnesota (continued) | ||||||
Dakota County Community Development Agency, Minnesota, Senior Housing Revenue Bonds, Walker Highview Hills LLC Project, Refunding Series 2016A: | ||||||
$ 2,130 | 3.500%, 8/01/25, 144A | 8/22 at 100.00 | N/R | $2,050,743 | ||
1,000 | 5.000%, 8/01/46, 144A | 8/22 at 100.00 | N/R | 1,000,950 | ||
Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A: | ||||||
3,000 | 5.000%, 2/15/48 | 2/28 at 100.00 | A- | 3,272,970 | ||
4,210 | 5.000%, 2/15/53 | 2/28 at 100.00 | A- | 4,576,312 | ||
9,840 | Independent School District 621, Mounds View, Minnesota, General Obligation Bonds, School Building Series 2018A, 4.000%, 2/01/41 | 2/27 at 100.00 | AAA | 10,229,172 | ||
5,600 | Itasca County Independent School District 318, Minnesota, General Obligation Bonds, Series 2018A, 4.000%, 2/01/37 | 2/27 at 100.00 | AAA | 5,885,432 | ||
Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2018A: | ||||||
2,530 | 4.000%, 11/15/48 | 11/28 at 100.00 | A2 | 2,531,897 | ||
3,395 | 5.000%, 11/15/49 | 11/28 at 100.00 | A2 | 3,742,512 | ||
Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C: | ||||||
3,500 | 5.000%, 1/01/41 | 1/27 at 100.00 | AA- | 3,950,065 | ||
5,000 | 5.000%, 1/01/46 | 1/27 at 100.00 | AA- | 5,605,750 | ||
2,855 | Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2017A, 5.000%, 12/01/47 | 12/26 at 100.00 | Aa3 | 3,208,135 | ||
4,230 | Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Nova Classical Academy, Series 2016A, 4.125%, 9/01/47 | 9/24 at 102.00 | BBB- | 3,868,208 | ||
3,000 | Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A, 5.000%, 7/01/30 | 7/25 at 100.00 | A2 | 3,394,050 | ||
Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A: | ||||||
595 | 4.000%, 11/15/35 | 11/27 at 100.00 | A2 | 619,127 | ||
1,470 | 4.000%, 11/15/43 | 11/27 at 100.00 | A2 | 1,478,599 | ||
850 | Sartell, Minnesota, Health Care Facilities Revenue Bonds, Country Manor Campus LLC Project, Refunding Series 2017, 5.000%, 9/01/42 | 9/27 at 100.00 | N/R | 904,179 | ||
3,595 | St Paul Housing and Redevelopment Authority, Minnesota, Hospital Revenue Bonds, HealthEast Inc, Series 2015A, 5.000%, 11/15/40 (Pre-refunded 11/15/25) | 11/25 at 100.00 | N/R (4) | 4,268,056 | ||
St. Paul Housing and Redevelopment Authority, Minnesota, Hospital Revenue Bonds, HealthEast Inc., Series 2015A: | ||||||
550 | 5.250%, 11/15/35 (Pre-refunded 11/15/20) | 11/20 at 100.00 | N/R (4) | 583,589 | ||
5,315 | 5.000%, 11/15/44 (Pre-refunded 11/15/25) | 11/25 at 100.00 | N/R (4) | 6,310,074 | ||
66,955 | Total Minnesota | 71,825,248 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Mississippi – 0.6% (0.3% of Total Investments) | ||||||
$ 11,465 | Medical Center Educational Building Corporation, Mississippi, Revenue Bonds, University of Mississippi Medical Center New Facilities & Refinancing Project, Series 2017A, 4.000%, 6/01/47 | 6/27 at 100.00 | Aa2 | $11,602,351 | ||
9,705 | Mississippi Business Finance Corporation, Pollution Control Revenue Refunding Bonds, System Energy Resources Inc., Project, Series 1998, 5.875%, 4/01/22 | 4/19 at 100.00 | BBB+ | 9,723,730 | ||
21,170 | Total Mississippi | 21,326,081 | ||||
Missouri – 3.5% (2.2% of Total Investments) | ||||||
2,585 | Bi-State Development Agency of the Missouri-Illinois Metropolitan District, Mass Transit Sales Tax Appropriation Bonds, Refunding Combined Lien Series 2013A, 5.000%, 10/01/44 | 10/22 at 100.00 | Aa2 | 2,842,776 | ||
Boone County, Missouri, Hospital Revenue Bonds, Boone Hospital Center, Refunding Series 2016: | ||||||
2,470 | 4.000%, 8/01/33 | 8/26 at 100.00 | Baa2 | 2,456,563 | ||
4,590 | 5.000%, 8/01/35 | 8/26 at 100.00 | Baa2 | 4,829,965 | ||
640 | 4.000%, 8/01/38 | 8/26 at 100.00 | Baa2 | 607,059 | ||
Hannibal Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Hannibal Regional Healthcare System, Series 2017: | ||||||
2,860 | 5.000%, 10/01/42 | 10/27 at 100.00 | BBB+ | 3,124,293 | ||
1,000 | 5.000%, 10/01/47 | 10/27 at 100.00 | BBB+ | 1,088,550 | ||
Kansas City Municipal Assistance Corporation, Missouri, Leasehold Revenue Bonds, Series 2004B-1: | ||||||
8,150 | 0.000%, 4/15/27 – AMBAC Insured | No Opt. Call | A1 | 6,431,410 | ||
5,000 | 0.000%, 4/15/31 – AMBAC Insured | No Opt. Call | A1 | 3,326,150 | ||
Kansas City, Missouri, Sanitary Sewer System Revenue Bonds, Improvement Series 2018A: | ||||||
2,475 | 4.000%, 1/01/38 | 1/28 at 100.00 | AA | 2,584,370 | ||
4,470 | 4.000%, 1/01/42 | 1/28 at 100.00 | AA | 4,584,119 | ||
315 | Missouri Development Finance Board, Infrastructure Facilities Revenue Bonds, Branson Landing Project, Series 2005A, 6.000%, 6/01/20 | No Opt. Call | A3 | 323,206 | ||
1,350 | Missouri Health and Education Facilities Authority, Health Facilities Revenue Bonds, Saint Luke's Health System, Inc, Series 2016, 5.000%, 11/15/35 | 5/26 at 100.00 | A+ | 1,502,010 | ||
1,400 | Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Kansas City University of Medicine and Biosciences, Series 2017A, 5.000%, 6/01/42 | 6/27 at 100.00 | A1 | 1,552,586 | ||
11,985 | Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Saint Louis College of Pharmacy, Series 2013, 5.500%, 5/01/43 | 5/23 at 100.00 | BBB | 12,727,231 | ||
3,665 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, BJC Health System, Series 2015A, 4.000%, 1/01/45 | 1/25 at 100.00 | AA | 3,732,509 | ||
14,000 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, BJC Health System, Series 2017D, 4.000%, 1/01/58 (Mandatory Put 1/01/48) (UB) (5) | 1/28 at 100.00 | AA | 14,135,660 | ||
1,500 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, BJC Health System, Variable Rate Demand Obligation Series 2013C, 4.000%, 1/01/50 (Mandatory Put 1/01/46) | 7/26 at 100.00 | AA | 1,532,790 | ||
17,300 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, CoxHealth, Series 2013A, 5.000%, 11/15/48 | 11/23 at 100.00 | A2 | 18,448,028 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Missouri (continued) | ||||||
Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Mercy Health, Series 2017C: | ||||||
$ 2,220 | 5.000%, 11/15/42 | 11/27 at 100.00 | AA- | $2,489,375 | ||
2,250 | 5.000%, 11/15/47 | 11/27 at 100.00 | AA- | 2,510,325 | ||
3,000 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, SSM Health Care, Series 2014A, 4.000%, 6/01/33 | 6/24 at 100.00 | A+ | 3,086,880 | ||
10,000 | Missouri Health and Educational Facilities Authority, Revenue Bonds, Children's Mercy Hospital, Series 2017A, 4.000%, 5/15/42 | 5/25 at 102.00 | A+ | 9,984,500 | ||
4,155 | Missouri Health and Educational Facilities Authority, Revenue Bonds, Lutheran Senior Services Projects, Series 2014A, 5.000%, 2/01/35 | 2/24 at 100.00 | BBB | 4,364,329 | ||
Missouri Health and Educational Facilities Authority, Revenue Bonds, Lutheran Senior Services Projects, Series 2016A: | ||||||
1,900 | 5.000%, 2/01/36 | 2/26 at 100.00 | BBB | 2,010,124 | ||
2,550 | 5.000%, 2/01/46 | 2/26 at 100.00 | BBB | 2,648,991 | ||
7,085 | Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Prarie State Power Project, Refunding Series 2016A, 5.000%, 12/01/34 | 6/26 at 100.00 | A2 | 8,030,281 | ||
Saint Charles County Public Water Supply District 2, Missouri, Certificates of Participation, Refunding Series 2016C: | ||||||
1,675 | 4.000%, 12/01/31 | 12/25 at 100.00 | AA+ | 1,778,683 | ||
2,535 | 5.000%, 12/01/32 | 12/25 at 100.00 | AA+ | 2,942,375 | ||
220 | Saint Louis County Industrial Development Authority, Missouri, Revenue Bonds, Friendship Village of Sunset Hills, Series 2013A, 5.875%, 9/01/43 | 9/23 at 100.00 | BB+ | 235,184 | ||
7,250 | Saint Louis County Industrial Development Authority, Missouri, Revenue Bonds, Friendship Village Saint Louis Obligated Group, Series 2018A, 5.250%, 9/01/53 | 9/25 at 103.00 | BB+ | 7,276,752 | ||
130,595 | Total Missouri | 133,187,074 | ||||
Montana – 0.4% (0.2% of Total Investments) | ||||||
1,475 | Kalispell, Montana, Housing and Healthcare Facilities Revenue Bonds, Immanuel Lutheran Corporation, Series 2017A, 5.250%, 5/15/47 | 5/25 at 102.00 | N/R | 1,510,695 | ||
3,310 | Montana Facilities Finance Authority, Montana, Health Facilities Revenue Bonds, Bozeman Deaconess Health Services Obligated Group, Series 2018, 5.000%, 6/01/48 | 6/28 at 100.00 | A | 3,685,255 | ||
4,965 | Montana Facility Finance Authority, Healthcare Facility Revenue Bonds, Kalispell Regional Medical Center, Series 2018B, 5.000%, 7/01/48 | 7/28 at 100.00 | BBB | 5,363,044 | ||
2,580 | Montana Facility Finance Authority, Hospital Revenue Bonds, Benefits Health System Obligated Group, Refunding Series 2016, 5.000%, 2/15/41 | 2/27 at 100.00 | A+ | 2,818,650 | ||
1,825 | Montana Facility Finance Authority, Revenue Bonds, Billings Clinic Obligated Group, Series 2018A, 5.000%, 8/15/48 | 8/28 at 100.00 | AA- | 2,062,578 | ||
14,155 | Total Montana | 15,440,222 | ||||
Nebraska – 0.9% (0.5% of Total Investments) | ||||||
2,620 | Central Plains Energy Project, Nebraska, Gas Project 3 Revenue Bonds, Series 2012, 5.000%, 9/01/42 | 9/22 at 100.00 | A | 2,813,801 | ||
3,000 | Douglas County Hospital Authority 2, Nebraska, Health Facilities Revenue Bonds, Children's Hospital Obligated Group, Series 2017, 5.000%, 11/15/47 | 5/27 at 100.00 | A1 | 3,296,010 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Nebraska (continued) | ||||||
Douglas County Hospital Authority 3, Nebraska, Health Facilities Revenue Bonds, Nebraska Methodist Health System, Refunding Series 2015: | ||||||
$ 3,500 | 5.000%, 11/01/45 | 11/25 at 100.00 | A- | $3,730,370 | ||
1,400 | 5.000%, 11/01/48 | 11/25 at 100.00 | A- | 1,491,294 | ||
2,280 | Lincoln County Hospital Authority 1, Nebraska, Hospital Revenue and Refunding Bonds, Great Plains Regional Medical Center Project, Series 2012, 5.000%, 11/01/42 | 11/21 at 100.00 | A- | 2,401,524 | ||
4,000 | Lincoln, Nebraska, Electric System Revenue Bonds, Refunding Series 2012, 5.000%, 9/01/37 | 9/22 at 100.00 | AA | 4,384,400 | ||
Madison County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Faith Regional Health Services Project, Refunding Series 2017A: | ||||||
2,150 | 5.000%, 7/01/29 | 7/27 at 100.00 | BBB | 2,429,887 | ||
2,000 | 5.000%, 7/01/30 | 7/27 at 100.00 | BBB | 2,243,140 | ||
Madison County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Faith Regional Health Services Project, Series 2018: | ||||||
1,000 | 5.000%, 7/01/32 | 7/25 at 100.00 | BBB | 1,084,810 | ||
820 | 5.000%, 7/01/33 | 7/25 at 100.00 | BBB | 886,617 | ||
2,000 | 5.000%, 7/01/34 | 7/25 at 100.00 | BBB | 2,155,340 | ||
5,110 | Municipal Energy Agency of Nebraska, Power Supply System Revenue Bonds, Refunding Series 2016A, 5.000%, 4/01/38 | 10/26 at 100.00 | A | 5,752,327 | ||
29,880 | Total Nebraska | 32,669,520 | ||||
Nevada – 5.1% (3.2% of Total Investments) | ||||||
6,030 | Carson City, Nevada, Hospital Revenue Bonds, Carson Tahoe Regional Healthcare Project, Series 2017A, 5.000%, 9/01/47 | 9/27 at 100.00 | BBB+ | 6,369,730 | ||
2,000 | Clark County, Nevada, Airport Revenue Bonds, Subordinate Lien Series 2009C, 5.000%, 7/01/26 – AGM Insured | 7/19 at 100.00 | Aa3 | 2,026,200 | ||
27,000 | Clark County, Nevada, Airport Revenue Bonds, Subordinate Lien Series 2010B, 5.750%, 7/01/42 | 1/20 at 100.00 | A+ | 27,854,280 | ||
Clark County, Nevada, General Obligation Bonds, Limited Tax Bond Bank Additionally Secured by Pledged Revenues, Refunding Series 2009: | ||||||
3,520 | 5.000%, 6/01/27 | 6/19 at 100.00 | AA+ | 3,556,573 | ||
3,695 | 5.000%, 6/01/28 | 6/19 at 100.00 | AA+ | 3,733,132 | ||
3,880 | 5.000%, 6/01/29 | 6/19 at 100.00 | AA+ | 3,919,654 | ||
7,525 | Clark County, Nevada, General Obligation Bonds, Stadium Improvement, Limited Tax Additionally Secured by Pledged Revenues, Series 2018A, 5.000%, 5/01/48 | 6/28 at 100.00 | AA+ | 8,557,279 | ||
Clark County, Nevada, General Obligation Bonds, Transportation, Refunding Series 2010B: | ||||||
4,915 | 5.000%, 7/01/25 | 1/20 at 100.00 | AA+ | 5,056,454 | ||
4,160 | 5.000%, 7/01/26 | 1/20 at 100.00 | AA+ | 4,278,560 | ||
Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran International Airport, Series 2010A: | ||||||
12,265 | 5.250%, 7/01/39 – AGM Insured | 1/20 at 100.00 | Aa3 | 12,584,748 | ||
35,860 | 5.250%, 7/01/42 | 1/20 at 100.00 | A+ | 36,752,555 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Nevada (continued) | ||||||
$ 365 | Director of the State of Nevada Department of Business and Industry, Charter School Lease Revenue Bonds, Somerset Academy, Series 2018A, 5.000%, 12/15/38, 144A | 12/25 at 100.00 | BB | $368,566 | ||
Henderson, Nevada, Limited Obligation Bonds, Local Improvement District T-18 Inspirada, Refunding Series 2016: | ||||||
2,300 | 4.000%, 9/01/26 | No Opt. Call | N/R | 2,336,041 | ||
1,525 | 4.000%, 9/01/27 | 9/26 at 100.00 | N/R | 1,526,937 | ||
2,660 | 4.000%, 9/01/29 | 9/26 at 100.00 | N/R | 2,623,824 | ||
2,920 | 4.000%, 9/01/30 | 9/26 at 100.00 | N/R | 2,856,344 | ||
10,000 | Las Vegas Valley Water District, Nevada, General Obligation Bonds, Refunding Series 2011C, 5.000%, 6/01/38 | 6/21 at 100.00 | AA+ | 10,630,900 | ||
Las Vegas Valley Water District, Nevada, General Obligation Bonds, Refunding Series 2015: | ||||||
5,000 | 5.000%, 6/01/32 | 12/24 at 100.00 | AA+ | 5,740,700 | ||
10,000 | 5.000%, 6/01/33 | 12/24 at 100.00 | AA+ | 11,463,800 | ||
6,620 | 5.000%, 6/01/39 | 12/24 at 100.00 | AA+ | 7,496,356 | ||
Las Vegas Valley Water District, Nevada, General Obligation Bonds, Tender Option Bond Trust 2015-XF0233: | ||||||
3,995 | 14.635%, 12/01/22, 144A (IF) (5) | No Opt. Call | AA+ | 6,109,194 | ||
1,000 | 14.643%, 12/01/22, 144A (IF) (5) | No Opt. Call | AA+ | 1,529,540 | ||
1,250 | 14.643%, 6/01/39, 144A (IF) (5) | 12/24 at 100.00 | AA+ | 1,911,925 | ||
1,250 | 14.643%, 6/01/39, 144A (IF) (5) | 12/24 at 100.00 | AA+ | 1,911,925 | ||
2,500 | 14.643%, 6/01/39, 144A (IF) (5) | 12/24 at 100.00 | AA+ | 3,823,850 | ||
2,975 | 14.659%, 6/01/39, 144A (IF) (5) | 12/24 at 100.00 | AA+ | 4,552,345 | ||
4,100 | Las Vegas Valley Water District, Nevada, General Obligation Bonds, Water Series 2012B, 5.000%, 6/01/42 | 6/22 at 100.00 | AA+ | 4,441,325 | ||
Washoe County, Nevada, General Obligation Bonds, Reno-Sparks Convention & Visitors Authority, Refunding Series 2011: | ||||||
395 | 5.000%, 7/01/32 (Pre-refunded 7/01/21) | 7/21 at 100.00 | N/R (4) | 425,044 | ||
8,145 | 5.000%, 7/01/32 | 7/21 at 100.00 | AA | 8,728,508 | ||
177,850 | Total Nevada | 193,166,289 | ||||
New Hampshire – 0.4% (0.2% of Total Investments) | ||||||
8,000 | New Hampshire Business Finance Authority, Revenue Bonds, Elliot Hospital Obligated Group Issue, Series 2009A, 6.125%, 10/01/39 (Pre-refunded 10/01/19) | 10/19 at 100.00 | BBB (4) | 8,230,560 | ||
1,500 | New Hampshire Health and Education Facilities Authority, Revenue Bonds, Concord Hospital, Series 2017, 5.000%, 10/01/47 | 10/27 at 100.00 | A2 | 1,649,100 | ||
New Hampshire Health and Education Facilities Authority, Revenue Bonds, Dartmouth-Hitchcock Obligated Group, Series 2018A: | ||||||
1,115 | 5.000%, 8/01/36 | 2/28 at 100.00 | A | 1,254,052 | ||
2,935 | 5.000%, 8/01/37 | 2/28 at 100.00 | A | 3,279,305 | ||
13,550 | Total New Hampshire | 14,413,017 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey – 6.0% (3.8% of Total Investments) | ||||||
$ 20,890 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Refunding Series 2016BBB, 5.500%, 6/15/30 | 12/26 at 100.00 | BBB+ | $23,785,772 | ||
New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2014UU: | ||||||
5,515 | 5.000%, 6/15/30 | 6/24 at 100.00 | BBB+ | 5,916,161 | ||
5,000 | 5.000%, 6/15/40 | 6/24 at 100.00 | BBB+ | 5,224,250 | ||
1,005 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2017DDD, 5.000%, 6/15/42 | 6/27 at 100.00 | BBB+ | 1,052,496 | ||
6,975 | New Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Refunding Series 2011GG, 5.000%, 9/01/24 | 3/21 at 100.00 | BBB+ | 7,307,986 | ||
10,600 | New Jersey Economic Development Authority, Sublease Revenue Bonds, New Jersey Transit Corporation Projects, Refunding Series 2017B, 5.000%, 11/01/25 | No Opt. Call | BBB+ | 11,953,726 | ||
6,000 | New Jersey Educational Facilities Authority, Revenue Bonds, Montclair State University, Refunding Series 2017, 5.000%, 6/01/42 – AGM Insured | 6/27 at 100.00 | A2 | 6,554,160 | ||
2,020 | New Jersey Health Care Facilities Financing Authority, New Jersey, Revenue Bonds, Saint Peters University Hospital, Series 2007, 5.750%, 7/01/37 | 4/19 at 100.00 | BB+ | 2,025,191 | ||
2,500 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hackensack Meridian Health Obligated Group, Refunding Series 2017A, 5.000%, 7/01/37 | 7/27 at 100.00 | AA- | 2,839,250 | ||
720 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Robert Wood Johnson University Hospital, Series 2013A, 5.500%, 7/01/43 | 7/23 at 100.00 | A1 | 799,445 | ||
10,970 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, RWJ Barnabas Health Obligated Group, Refunding Series 2016A, 5.000%, 7/01/43 | 7/26 at 100.00 | A1 | 12,293,640 | ||
695 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A, 5.000%, 7/01/46 – AGM Insured | 7/25 at 100.00 | AA | 758,224 | ||
New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Revenue Notes, Series 2016A-1: | ||||||
3,050 | 5.000%, 6/15/28 | 6/26 at 100.00 | Baa1 | 3,441,651 | ||
7,795 | 5.000%, 6/15/29 | 6/26 at 100.00 | Baa1 | 8,741,313 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital Appreciation Series 2010A: | ||||||
5,000 | 0.000%, 12/15/26 | No Opt. Call | BBB+ | 3,782,550 | ||
16,495 | 0.000%, 12/15/33 | No Opt. Call | BBB+ | 8,726,185 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series 2006C: | ||||||
1,815 | 0.000%, 12/15/26 – BHAC Insured | No Opt. Call | AA+ | 1,466,466 | ||
10,000 | 0.000%, 12/15/30 – FGIC Insured | No Opt. Call | A- | 6,346,100 | ||
38,000 | 0.000%, 12/15/33 – AGM Insured | No Opt. Call | A- | 21,401,600 | ||
45,000 | 0.000%, 12/15/35 – AMBAC Insured | No Opt. Call | BBB+ | 21,743,100 | ||
10,000 | 0.000%, 12/15/36 – AMBAC Insured | No Opt. Call | BBB+ | 4,579,500 | ||
5,000 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2010D, 5.000%, 12/15/23 | No Opt. Call | BBB+ | 5,520,750 | ||
2,310 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2011B, 5.500%, 6/15/31 | 6/21 at 100.00 | BBB+ | 2,439,129 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
$ 1,000 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2012A, 5.000%, 6/15/42 | 6/22 at 100.00 | BBB+ | $1,029,550 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2013AA: | ||||||
5,500 | 5.000%, 6/15/29 | 6/23 at 100.00 | A- | 5,907,000 | ||
7,500 | 5.500%, 6/15/39 | 6/23 at 100.00 | BBB+ | 7,958,325 | ||
14,000 | New Jersey Turnpike Authority, Revenue Bonds, Refunding Series 2005D-1, 5.250%, 1/01/26 – AGM Insured | No Opt. Call | A2 | 16,817,640 | ||
1,160 | New Jersey Turnpike Authority, Revenue Bonds, Series 2017B, 4.000%, 1/01/34 | 1/28 at 100.00 | A2 | 1,226,793 | ||
New Jersey Turnpike Authority, Revenue Bonds, Tender Option Bond Trust 2016-XF1057: | ||||||
505 | 13.614%, 1/01/43, 144A (IF) (5) | 7/22 at 100.00 | A2 | 707,404 | ||
810 | 13.614%, 1/01/43 (Pre-refunded 7/01/22), 144A (IF) (5) | 7/22 at 100.00 | N/R (4) | 1,134,648 | ||
1,500 | New Jersey Turnpike Authority, Turnpike Revenue Bonds, Series 2017G, 4.000%, 1/01/33 | 1/28 at 100.00 | A2 | 1,595,940 | ||
3,000 | Rahway Valley Sewerage Authority, New Jersey, Sewer Revenue Bonds, Series 2005A, 0.000%, 9/01/25 – NPFG Insured | No Opt. Call | Aa2 | 2,567,790 | ||
Rutgers State University, New Jersey, Revenue Bonds, Refunding Series 2013L: | ||||||
2,000 | 5.000%, 5/01/38 | 5/23 at 100.00 | A+ | 2,216,620 | ||
910 | 5.000%, 5/01/43 | 5/23 at 100.00 | Aa3 | 1,007,397 | ||
15,235 | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A, 5.250%, 6/01/46 | 6/28 at 100.00 | BBB+ | 16,132,037 | ||
2,615 | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B, 5.000%, 6/01/46 | 6/28 at 100.00 | BBB | 2,611,731 | ||
273,090 | Total New Jersey | 229,611,520 | ||||
New York – 6.7% (4.2% of Total Investments) | ||||||
7,000 | Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue Bonds, Barclays Center Project, Series 2009, 0.000%, 7/15/45 | No Opt. Call | BBB- | 2,012,150 | ||
3,000 | Dormitory Authority of the State of New York, Revenue Bonds, Columbia University, Series 2011A, 5.000%, 10/01/41 | 4/21 at 100.00 | AAA | 3,179,940 | ||
7,435 | Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series 2010, 5.500%, 7/01/43 (Pre-refunded 7/01/20) – AGM Insured | 7/20 at 100.00 | A2 (4) | 7,834,929 | ||
12,830 | Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series 2015A, 5.000%, 7/01/50 | 7/25 at 100.00 | A- | 14,236,553 | ||
3,200 | Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 2012A, 5.000%, 7/01/42 | 7/22 at 100.00 | AA- | 3,490,400 | ||
4,000 | Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 2013A, 5.000%, 7/01/43 | 7/23 at 100.00 | AA- | 4,439,560 | ||
1,000 | Dormitory Authority of the State of New York, Revenue Bonds, Orange Regional Medical Center Obligated Group, Series 2017, 5.000%, 12/01/33, 144A | 6/27 at 100.00 | BBB- | 1,112,050 | ||
14,075 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose Series 2015B Group C, 5.000%, 2/15/36 | 2/25 at 100.00 | AA+ | 15,831,982 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series 2011A: | ||||||
$ 445 | 5.250%, 2/15/47 (Pre-refunded 2/15/21) | 2/21 at 100.00 | Aa3 (4) | $477,227 | ||
9,670 | 5.250%, 2/15/47 | 2/21 at 100.00 | AA- | 10,250,490 | ||
1,295 | 5.750%, 2/15/47 | 2/21 at 100.00 | AA- | 1,391,426 | ||
2,105 | 5.750%, 2/15/47 (Pre-refunded 2/15/21) | 2/21 at 100.00 | Aa3 (4) | 2,278,389 | ||
10,000 | Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds, Series 2005, 5.250%, 10/01/35 | No Opt. Call | BBB+ | 12,237,200 | ||
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2014A: | ||||||
1,045 | 4.000%, 9/01/39 – AGM Insured | 9/24 at 100.00 | A- | 1,074,438 | ||
780 | 5.000%, 9/01/44 | 9/24 at 100.00 | A- | 857,836 | ||
5,000 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2018, 5.000%, 9/01/37 | 9/28 at 100.00 | A- | 5,790,700 | ||
7,240 | Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A, 5.000%, 5/01/38 (Pre-refunded 5/01/21) | 5/21 at 100.00 | A- (4) | 7,776,412 | ||
15,100 | Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2012A, 5.000%, 9/01/42 | 9/22 at 100.00 | A- | 16,291,692 | ||
3,500 | Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue Bonds, Unity Hospital of Rochestor Project, Series 2010, 5.750%, 8/15/30 | 2/21 at 100.00 | AA | 3,784,655 | ||
1,000 | Monroe County Industrial Development Corporation, New York, Revenue Bonds, University of Rochester Project, Series 2013A, 5.000%, 7/01/43 (Pre-refunded 7/01/23) | 7/23 at 100.00 | AA- (4) | 1,142,320 | ||
2,100 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue Bonds, Second Generation Resolution, Fiscal 2011 Series EE, 5.375%, 6/15/43 | 12/20 at 100.00 | AA+ | 2,231,376 | ||
7,225 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2014 Series BB, 5.000%, 6/15/46 | 6/23 at 100.00 | AA+ | 7,892,084 | ||
5,000 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2017 Series EE, 5.000%, 6/15/37 | 6/27 at 100.00 | AA+ | 5,750,650 | ||
3,500 | New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 2018, Series 2017S-1, 4.000%, 7/15/36 | 7/27 at 100.00 | AA | 3,708,425 | ||
5,000 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2013 Series I, 5.000%, 5/01/38 | 5/23 at 100.00 | Aa1 | 5,476,700 | ||
5,000 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2018 Series C-3, 5.000%, 5/01/41 | 5/28 at 100.00 | Aa1 | 5,714,900 | ||
10,000 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2019 Series A-1, 5.000%, 8/01/40 | 8/28 at 100.00 | Aa1 | 11,489,900 | ||
2,060 | New York City, New York, General Obligation Bonds, Fiscal 2017 Series B-1, 5.000%, 12/01/41 | 12/26 at 100.00 | AA | 2,323,907 | ||
10 | New York City, New York, General Obligation Bonds, Fiscal Series 1996J, 5.500%, 2/15/26 | 4/19 at 100.00 | AA- | 10,033 | ||
5 | New York City, New York, General Obligation Bonds, Fiscal Series 1997H, 6.125%, 8/01/25 | 4/19 at 100.00 | AA | 5,019 | ||
23,920 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 1 Series 2014, 5.000%, 11/15/44, 144A | 11/24 at 100.00 | N/R | 24,804,561 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
$ 6,385 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade Center Project, Series 2011, 5.750%, 11/15/51 | 11/21 at 100.00 | A | $7,001,982 | ||
4,045 | New York State Environmental Facilities Corporation, State Clean Water and Drinking Water Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects, Tender Option Bond Trust, 11.493%, 6/15/26, 144A (IF) (5) | 6/22 at 100.00 | AAA | 5,295,229 | ||
10,000 | New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Series 2016A, 5.250%, 1/01/56 | 1/26 at 100.00 | A- | 11,052,400 | ||
2,105 | Onondaga Civic Development Corporation, New York, Revenue Bonds, Saint Joseph's Hospital Health Center Project, Series 2012, 5.000%, 7/01/42 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R (4) | 2,335,540 | ||
3,925 | Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Seventy Ninth Series 2013, 5.000%, 12/01/38 | 12/23 at 100.00 | AA- | 4,406,244 | ||
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air Terminal LLC Project, Eighth Series 2010: | ||||||
8,550 | 5.500%, 12/01/31 | 12/20 at 100.00 | BBB | 9,051,714 | ||
3,710 | 6.000%, 12/01/42 | 12/20 at 100.00 | Baa1 | 3,928,482 | ||
9,950 | Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding Bonds, Tender Option Bond Trust 2016-XL0003, 6.234%, 11/15/21, 144A (IF) (5) | No Opt. Call | AA- | 11,209,869 | ||
5,000 | Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding Series 2015A, 5.000%, 11/15/50 | 5/25 at 100.00 | AA- | 5,632,350 | ||
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding Subordinate Lien Series 2013A: | ||||||
10,725 | 0.000%, 11/15/31 | No Opt. Call | A+ | 7,032,168 | ||
1,105 | 0.000%, 11/15/32 | No Opt. Call | A+ | 688,746 | ||
5,000 | TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006, 5.000%, 6/01/45 | 6/27 at 100.00 | B+ | 4,767,550 | ||
244,040 | Total New York | 257,300,178 | ||||
North Carolina – 1.0% (0.6% of Total Investments) | ||||||
3,555 | Charlotte, North Carolina, Water and Sewer System Refunding Bonds, Tender Option Bond Trust 2016-XL0012, 11.422%, 7/01/38, 144A (IF) (5) | 7/20 at 100.00 | AAA | 4,001,330 | ||
1,000 | Charlotte-Mecklenberg Hospital Authority, North Carolina, Health Care Revenue Bonds, DBA Carolinas HealthCare System, Series 2011A, 5.250%, 1/15/42 | 1/21 at 100.00 | AA- | 1,058,990 | ||
3,440 | New Hanover County, North Carolina, Hospital Revenue Bonds, New Hanover Regional Medical Center, Series 2017, 5.000%, 10/01/47 | 10/27 at 100.00 | A+ | 3,781,936 | ||
9,485 | North Carolina Capital Facilities Finance Agency, Revenue Bonds, Duke University Project, Series 2015B, 5.000%, 10/01/55 (UB) (5) | 10/25 at 100.00 | AA+ | 10,627,658 | ||
2,720 | North Carolina Medical Care Commission, Retirement Facilities First Mortgage Revenue Bonds, Southminster Project, Refunding Series 2016, 5.000%, 10/01/37 | 10/24 at 102.00 | N/R | 2,814,248 | ||
3,560 | North Carolina Medical Care Commission, Health Care Facilities Revenue Bonds, Duke University Health System, Series 2009A, 5.000%, 6/01/42 (Pre-refunded 6/01/19) | 6/19 at 100.00 | N/R (4) | 3,599,089 | ||
5,000 | North Carolina Medical Care Commission, Health Care Facilities Revenue Bonds, Duke University Health System, Series 2012A, 5.000%, 6/01/42 | 6/22 at 100.00 | AA | 5,427,950 | ||
1,455 | North Carolina Medical Care Commission, Health Care Facilities Revenue Bonds, Vidant Health, Refunding Series 2012A, 5.000%, 6/01/36 | 6/22 at 100.00 | A+ | 1,565,013 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
North Carolina (continued) | ||||||
North Carolina Medical Care Commission, Health Care Facilities Revenue Bonds, WakeMed, Refunding Series 2012A: | ||||||
$ 3,300 | 5.000%, 10/01/31 | 10/22 at 100.00 | A2 | $3,605,943 | ||
1,500 | 5.000%, 10/01/38 | 10/22 at 100.00 | A2 | 1,623,165 | ||
35,015 | Total North Carolina | 38,105,322 | ||||
North Dakota – 0.9% (0.6% of Total Investments) | ||||||
5,080 | Burleigh County, North Dakota, Health Care Revenue Bonds, Saint Alexius Medical Center Project, Refunding Series 2012A, 4.500%, 7/01/32 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R (4) | 5,517,337 | ||
Fargo, North Dakota, Health System Revenue Bonds, Sanford Health, Refunding Series 2011: | ||||||
1,500 | 6.000%, 11/01/28 | 11/21 at 100.00 | A+ | 1,672,440 | ||
3,910 | 6.250%, 11/01/31 | 11/21 at 100.00 | A+ | 4,377,753 | ||
1,015 | Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2012, 5.000%, 12/01/35 | 12/21 at 100.00 | Baa1 | 1,065,892 | ||
4,635 | Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2017A, 5.000%, 12/01/42 | 12/27 at 100.00 | A- | 5,062,996 | ||
900 | Grand Forks, North Dakota, Senior Housing & Nursing Facilities Revenue Bonds, Valley Homes and Services Obligated Group, Series 2017, 5.000%, 12/01/36 | 12/26 at 100.00 | N/R | 919,224 | ||
500 | Grand Forks, North Dakota, Senior Housing and Nursing Facilities Revenue Bonds, Valley Homes Obligated Group, Series 2016A, 5.125%, 12/01/24 | No Opt. Call | N/R | 532,150 | ||
Ward County Health Care, North Dakota, Revenue Bonds, Trinity Obligated Group, Series 2017C: | ||||||
11,065 | 5.000%, 6/01/43 | 6/28 at 100.00 | BBB- | 11,794,294 | ||
2,610 | 5.000%, 6/01/48 | 6/28 at 100.00 | BBB- | 2,765,452 | ||
1,420 | Williston, North Dakota, Multifamily Housing Revenue Bonds, Eagle Crest Apartments LLC Project, Series 2013, 7.750%, 9/01/38 (7) | 9/23 at 100.00 | N/R | 568,000 | ||
32,635 | Total North Dakota | 34,275,538 | ||||
Ohio – 9.5% (6.0% of Total Investments) | ||||||
Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Facilities Revenue Bonds, Summa Health System, Refunding & Improvement Series 2016: | ||||||
3,020 | 5.250%, 11/15/41 | 11/26 at 100.00 | Baa2 | 3,320,943 | ||
8,255 | 5.250%, 11/15/46 | 11/26 at 100.00 | Baa2 | 9,042,609 | ||
320 | Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Revenue Bonds, Children's Hospital Medical Center, Improvement & Refunding Series 2012, 5.000%, 11/15/42 | 5/22 at 100.00 | A1 | 341,389 | ||
Allen County, Ohio, Hospital Facilities Revenue Bonds, Catholic Health Partners, Refunding and Improvement Series 2012A: | ||||||
860 | 4.000%, 5/01/33 | 5/22 at 100.00 | A2 | 873,829 | ||
650 | 5.000%, 5/01/33 | 5/22 at 100.00 | A2 | 699,855 | ||
800 | 5.000%, 5/01/42 | 5/22 at 100.00 | A2 | 848,784 | ||
10,990 | Allen County, Ohio, Hospital Facilities Revenue Bonds, Mercy Health, Refunding & Improvement Series 2015A, 5.000%, 11/01/43 | 11/24 at 100.00 | A2 | 11,822,383 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
$ 6,655 | Allen County, Ohio, Hospital Facilities Revenue Bonds, Mercy Health, Series 2017A, 4.000%, 8/01/38 | 2/28 at 100.00 | A2 | $6,770,797 | ||
2,750 | Bowling Green State University, Ohio, General Receipts Bonds, Series 2017B, 5.000%, 6/01/42 | 6/27 at 100.00 | A+ | 3,066,580 | ||
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Senior Lien, Series 2007A-2: | ||||||
12,060 | 5.125%, 6/01/24 | 3/19 at 100.00 | Caa3 | 11,293,105 | ||
4,370 | 5.375%, 6/01/24 | 3/19 at 100.00 | Caa3 | 4,130,568 | ||
22,350 | 5.875%, 6/01/30 | 3/19 at 100.00 | Caa3 | 20,898,591 | ||
37,190 | 5.750%, 6/01/34 | 3/19 at 100.00 | Caa3 | 34,823,228 | ||
14,555 | 6.000%, 6/01/42 | 3/19 at 100.00 | B- | 13,984,007 | ||
33,485 | 5.875%, 6/01/47 | 3/19 at 100.00 | B- | 31,179,223 | ||
1,500 | 6.500%, 6/01/47 | 3/19 at 100.00 | B- | 1,486,935 | ||
14,570 | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Senior Lien, Series 2007A-3, 6.250%, 6/01/37 | 6/22 at 100.00 | Caa1 | 14,334,549 | ||
6,000 | Butler County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2010, 5.250%, 11/01/29 (Pre-refunded 11/01/20) | 11/20 at 100.00 | A (4) | 6,353,220 | ||
Cleveland Heights-University Heights City School District, Ohio, General Obligation Bonds, School Improvement Series 2014: | ||||||
7,060 | 5.000%, 12/01/51 | 6/23 at 100.00 | A1 | 7,679,233 | ||
10,480 | 5.000%, 12/01/51 (Pre-refunded 6/01/23) | 6/23 at 100.00 | N/R (4) | 11,855,186 | ||
5,165 | Cuyahoga Community College District, Ohio, General Obligation Bonds, Facilities Construction & Improvement Series 2018, 4.000%, 12/01/38 | 6/26 at 100.00 | AA | 5,405,224 | ||
5,975 | Fairfield County, Ohio, Hospital Facilities Revenue Bonds, Fairfield Medical Center Project, Series 2013, 5.000%, 6/15/43 | 6/23 at 100.00 | Baa3 | 6,204,500 | ||
1,465 | Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children's Hospital Project, Improvement Series 2012A, 5.000%, 11/01/42 | 5/22 at 100.00 | Aa2 | 1,569,791 | ||
6,345 | Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Series 2011A, 5.000%, 11/15/41 | 11/21 at 100.00 | Aa2 | 6,778,871 | ||
10,000 | Greene County, Ohio, Hospital Facilities Revenue Bonds, Kettering Health Nretwork Series 2009, 5.500%, 4/01/39 | 4/19 at 100.00 | A2 | 10,058,900 | ||
Hamilton County, Ohio, Healthcare Revenue Bonds, Life Enriching Communities Project, Series 2017A: | ||||||
1,500 | 5.000%, 1/01/47 | 1/27 at 100.00 | BBB- | 1,533,345 | ||
1,120 | 5.000%, 1/01/52 | 1/27 at 100.00 | BBB- | 1,141,190 | ||
Hamilton County, Ohio, Healthcare Revenue Bonds, Life Enriching Communities, Refunding & Improvement Series 2016: | ||||||
3,425 | 5.000%, 1/01/46 | 1/26 at 100.00 | BBB- | 3,495,007 | ||
6,000 | 5.000%, 1/01/51 | 1/26 at 100.00 | BBB- | 6,104,880 | ||
6,920 | JobsOhio Beverage System, Ohio, Statewide Liquor Profits Revenue Bonds, Senior Lien Series 2013A, 5.000%, 1/01/38 | 1/23 at 100.00 | Aa3 | 7,568,335 | ||
14,850 | JobsOhio Beverage System, Ohio, Statewide Senior Lien Liquor Profits Revenue Bonds, Series 2013A, 5.000%, 1/01/38 (UB) (5) | 1/23 at 100.00 | Aa3 | 16,241,297 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
JobsOhio Beverage System, Ohio, Statewide Senior Lien Liquor Profits Revenue Bonds, Tender Option Bond Trust 2016-XG0052: | ||||||
$ 875 | 14.680%, 1/01/38, 144A (IF) (5) | 1/23 at 100.00 | AA | $1,202,897 | ||
1,050 | 14.680%, 1/01/38, 144A (IF) (5) | 1/23 at 100.00 | AA | 1,443,477 | ||
2,305 | 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) | 2,568,992 | ||
5,000 | Miami County, Ohio, Hospital Facilities Revenue Bonds, Kettering Health Network Obligated Group Project, Refunding Improvement Series 2019, 5.000%, 8/01/45 (WI/DD, Settling 3/07/19) | 8/28 at 100.00 | A2 | 5,507,750 | ||
6,000 | Middletown City School District, Butler County, Ohio, General Obligation Bonds, Refunding Series 2007, 5.250%, 12/01/31 – AGM Insured | No Opt. Call | A2 | 7,354,620 | ||
4,380 | Montgomery County, Ohio, Revenue Bonds, Catholic Health Initiatives, Series 2004A, 5.000%, 5/01/30 | 4/19 at 100.00 | BBB+ | 4,430,370 | ||
21,000 | Northeast Ohio Regional Sewer District, Wastewater Improvement Revenue Bonds, Refunding & Improvement Series 2014, 5.000%, 11/15/49 | 11/24 at 100.00 | AA+ | 23,389,800 | ||
9,365 | Ohio Higher Educational Facility Commission, Revenue Bonds, University of Dayton, Series 2018A, 5.000%, 12/01/48 | 6/28 at 100.00 | A2 | 10,466,137 | ||
19,515 | Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Project, Junior Lien Series 2013A-1, 5.000%, 2/15/48 | 2/23 at 100.00 | A+ | 20,940,180 | ||
7,550 | Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Projects, Junior Lien Convertible Series 2013A-3, 5.800%, 2/15/36 (6) | 2/31 at 100.00 | A+ | 7,594,318 | ||
9,000 | Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Projects, Junior Lien Series 2018A, 4.000%, 2/15/46 | 2/28 at 100.00 | A+ | 9,122,670 | ||
130 | Southeastern Ohio Port Authority, Hospital Facilities Revenue Bonds, Memorial Health System Obligated Group Project, Refunding and Improvement Series 2012, 6.000%, 12/01/42 | 12/22 at 100.00 | BB- | 136,820 | ||
135 | Southeastern Ohio Port Authority, Hospitall Facilities Revenue Bonds, Memorial Health System Obligated Group Project, Refunding and Improvement Series 2012, 5.750%, 12/01/32 | 12/22 at 100.00 | BB- | 144,431 | ||
4,190 | Springboro Community City School District, Warren County, Ohio, General Obligation Bonds, Refunding Series 2007, 5.250%, 12/01/26 – AGM Insured | No Opt. Call | Aa3 | 5,053,768 | ||
3,670 | 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 | 3,679,028 | ||
354,850 | Total Ohio | 363,941,612 | ||||
Oklahoma – 0.4% (0.2% of Total Investments) | ||||||
Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B: | ||||||
2,205 | 5.250%, 8/15/48 | 8/28 at 100.00 | BB+ | 2,405,170 | ||
4,080 | 5.500%, 8/15/52 | 8/28 at 100.00 | BB+ | 4,547,282 | ||
3,190 | 5.500%, 8/15/57 | 8/28 at 100.00 | BB+ | 3,542,016 | ||
4,000 | Oklahoma Development Finance Authority, Revenue Bonds, Provident Oklahoma Education Resources Inc.- Cross Village Student Housing Project, Series 2017, 5.000%, 8/01/47 | 8/27 at 100.00 | BB | 3,745,520 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oklahoma (continued) | ||||||
$ 1,125 | Tulsa County Industrial Authority, Oklahoma, Senior Living Community Revenue Bonds, Montereau, Inc. Project, Refunding Series 2017, 5.250%, 11/15/37 | 11/25 at 102.00 | BBB- | $ 1,220,018 | ||
14,600 | Total Oklahoma | 15,460,006 | ||||
Oregon – 1.1% (0.7% of Total Investments) | ||||||
Clackamas Community College District, Oregon, General Obligation Bonds, Deferred Interest Series 2017A: | ||||||
760 | 5.000%, 6/15/38 (6) | 6/27 at 100.00 | Aa1 | 806,421 | ||
2,750 | 5.000%, 6/15/39 (6) | 6/27 at 100.00 | Aa1 | 2,911,590 | ||
Columbia County School District 502 Saint Helens, Oregon, General Obligation Bonds, Series 2017: | ||||||
1,310 | 5.000%, 6/15/38 | 6/27 at 100.00 | Aa1 | 1,505,622 | ||
1,705 | 5.000%, 6/15/39 | 6/27 at 100.00 | Aa1 | 1,954,169 | ||
7,420 | Oregon Facilities Authority, Revenue Bonds, Legacy Health Project, Refunding Series 2016A, 5.000%, 6/01/46 | 6/26 at 100.00 | A+ | 8,138,330 | ||
Oregon Facilities Authority, Revenue Bonds, Samaritan Health Services, Refunding Series 2016A: | ||||||
6,240 | 5.000%, 10/01/35 | 10/26 at 100.00 | BBB+ | 6,912,360 | ||
2,260 | 5.000%, 10/01/46 | 10/26 at 100.00 | BBB+ | 2,443,309 | ||
8,890 | Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Senior Lien Series 2013A, 5.000%, 11/15/38 | 11/23 at 100.00 | Aa1 | 9,919,195 | ||
5,265 | Salem Hospital Facility Authority, Oregon, Revenue Bonds, Salem Hospital Project, Refunding Series 2016A, 5.000%, 5/15/46 | 5/26 at 100.00 | A+ | 5,757,804 | ||
36,600 | Total Oregon | 40,348,800 | ||||
Pennsylvania – 6.3% (3.9% of Total Investments) | ||||||
15,000 | Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, Allegheny Health Network Obligated Group Issue, Series 2018A, 5.000%, 4/01/47 | 4/28 at 100.00 | A | 16,307,850 | ||
Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, University of Pittsburgh Medical Center, Series 2009A: | ||||||
1,250 | 5.500%, 8/15/34 | 8/19 at 100.00 | A+ | 1,272,763 | ||
3,000 | 5.625%, 8/15/39 | 8/19 at 100.00 | A+ | 3,052,290 | ||
Bethlehem Authority, Northampton and Lehigh Counties, Pennsylvania, Guaranteed Water Revenue Bonds, Series 1998: | ||||||
3,125 | 0.000%, 5/15/22 – AGM Insured | No Opt. Call | A2 | 2,894,437 | ||
3,125 | 0.000%, 5/15/23 – AGM Insured | No Opt. Call | A2 | 2,816,844 | ||
3,135 | 0.000%, 5/15/24 – AGM Insured | No Opt. Call | A2 | 2,746,668 | ||
3,155 | 0.000%, 5/15/26 – AGM Insured | No Opt. Call | A2 | 2,595,366 | ||
4,145 | 0.000%, 11/15/26 – AGM Insured | No Opt. Call | A2 | 3,356,621 | ||
2,800 | 0.000%, 5/15/28 – AGM Insured | No Opt. Call | A2 | 2,145,416 | ||
3,000 | 0.000%, 11/15/28 – AGM Insured | No Opt. Call | A2 | 2,257,200 | ||
1,200 | Centre County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Mount Nittany Medical Center Project, Series 2018A, 5.000%, 11/15/42 | 11/27 at 100.00 | A | 1,333,080 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
Chester County Health and Education Facilities Authority, Pennsylvania, Health System Revenue Bonds, Jefferson Health System, Series 2010A: | ||||||
$ 1,835 | 5.000%, 5/15/40 | 5/20 at 100.00 | AA | $1,890,986 | ||
5,165 | 5.000%, 5/15/40 (Pre-refunded 5/15/20) | 5/20 at 100.00 | N/R (4) | 5,376,507 | ||
895 | Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Master Settlement, Series 2018, 5.000%, 6/01/34 | 6/28 at 100.00 | A | 1,009,336 | ||
2,150 | Dauphin County General Authority, Pennsylvania, Health System Revenue Bonds, Pinnacle Health System Project, Series 2012A, 5.000%, 6/01/42 | 6/22 at 100.00 | A+ | 2,290,631 | ||
190 | Delaware County Industrial Development Authority, Pennsylvania, Resource Recovery Revenue Refunding Bonds, Series 1997A, 6.200%, 7/01/19 | 4/19 at 100.00 | Ba1 | 190,481 | ||
26,595 | Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Series 2017, 5.000%, 7/01/42 | 7/27 at 100.00 | A | 30,036,127 | ||
3,500 | Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2010E, 5.000%, 1/01/40 (Pre-refunded 1/01/20) – AGM Insured | 1/20 at 100.00 | AA (4) | 3,606,190 | ||
1,050 | Delaware Valley Regional Finance Authority, Pennsylvania, Local Government Revenue Bonds, Series 1997B, 5.700%, 7/01/27 – AMBAC Insured | No Opt. Call | A1 | 1,284,623 | ||
4,000 | Erie Water Authority, Erie County, Pennsylvania, Water Revenue Bonds, Series 2011A, 4.625%, 12/01/44 – AGM Insured | 12/21 at 100.00 | A2 | 4,127,480 | ||
2,900 | Lancaster County Hospital Authority, Pennsylvania, Revenue Bonds, United Zion Retirement Community, Series 2017A, 5.000%, 12/01/47 | 6/27 at 100.00 | N/R | 2,886,631 | ||
Lehigh County Authority, Pennsylvania, Water and Sewer Revenue Bonds, Allentown Concession, Capital Appreciation Series 2013B: | ||||||
4,480 | 0.000%, 12/01/31 | No Opt. Call | A | 2,806,541 | ||
5,180 | 0.000%, 12/01/32 | No Opt. Call | A | 3,095,050 | ||
9,270 | Lehigh County Authority, Pennsylvania, Water and Sewer Revenue Bonds, Allentown Concession, Series 2013A, 5.125%, 12/01/47 | 12/23 at 100.00 | A | 10,249,283 | ||
5,410 | Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Thomas Jefferson University, Series 2018A, 5.000%, 9/01/48 | 9/28 at 100.00 | A2 | 5,963,389 | ||
5,000 | Montgomery County Industrial Development Authority, Pennsylvania, Health System Revenue Bonds, Albert Einstein Healthcare Network Issue, Series 2015A, 5.250%, 1/15/45 | 1/25 at 100.00 | BB+ | 5,366,050 | ||
4,710 | Montgomery County Industrial Development Authority, Pennsylvania, Revenue Bonds, ACTS Retirement-Life Communities, Inc. Obligated Group, Series 2016, 5.000%, 11/15/36 | 11/26 at 100.00 | A- | 5,087,930 | ||
630 | Northampton County Industrial Development Authority, Pennsylvania, Recovery Revenue Bonds, Northampton Generating Project, Senior Lien Series 2013A0 & AE2, 5.000%, 12/31/23 (7) | 4/19 at 100.00 | N/R | 189,062 | ||
133 | Northampton County Industrial Development Authority, Pennsylvania, Recovery Revenue Bonds, Northampton Generating Project, Senior Lien Taxable Series 2013B, 5.000%, 12/31/23 (cash 5.000%, PIK 5.000%) (8) | 4/19 at 100.00 | N/R | 39,988 | ||
1,700 | Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, AICUP Financing Program-Delaware Valley College of Science and Agriculture Project, Series 2012 LL1, 4.000%, 11/01/32 | 11/22 at 100.00 | Ba1 | 1,495,235 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2010A1&2: | ||||||
$ 1,250 | 5.500%, 12/01/34 (Pre-refunded 12/01/20) | 12/20 at 100.00 | N/R (4) | $1,334,962 | ||
5,725 | 5.500%, 12/01/34 (Pre-refunded 12/01/20) | 12/20 at 100.00 | A2 (4) | 6,114,128 | ||
Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2011B: | ||||||
965 | 5.000%, 12/01/41 | 12/21 at 100.00 | A2 | 1,012,584 | ||
1,035 | 5.000%, 12/01/41 (Pre-refunded 12/01/21) | 12/21 at 100.00 | N/R (4) | 1,128,492 | ||
3,115 | Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2013A, 5.000%, 12/01/36 | 12/22 at 100.00 | A2 | 3,331,430 | ||
16,805 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Capital Appreciation Series 2009E, 6.375%, 12/01/38 | 12/27 at 100.00 | A | 20,721,237 | ||
5,575 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2015B, 5.000%, 12/01/45 | 12/25 at 100.00 | A1 | 6,106,855 | ||
6,340 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2016A-1, 5.000%, 12/01/41 | 6/26 at 100.00 | A1 | 6,962,398 | ||
19,250 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2009C, 6.250%, 6/01/33 – AGM Insured | 6/26 at 100.00 | A2 | 23,619,750 | ||
1,445 | Philadelphia Authority for Industrial Development Senior Living Facilities, Pennsylvania, Revenue Bonds, Wesley Enhanced Living Obligated Group, Series 2017A, 5.000%, 7/01/37 | 7/27 at 100.00 | BB | 1,473,755 | ||
26,765 | Philadelphia Hospitals and Higher Education Facilities Authority, Pennsylvania, Health System Revenue Bonds, Jefferson Health System, Series 2010B, 5.000%, 5/15/40 (Pre-refunded 5/15/20) | 5/20 at 100.00 | N/R (4) | 27,861,027 | ||
505 | Philadelphia Hospitals and Higher Education Facilities Authority, Pennsylvania, Hospital Revenue Bonds, Temple University Health System Obligated Group, Series 2012A, 5.625%, 7/01/42 | 7/22 at 100.00 | Ba1 | 535,679 | ||
1,425 | Philadelphia, Pennsylvania, General Obligation Bonds, Refunding Series 2011, 6.500%, 8/01/41 (Pre-refunded 8/01/20) | 8/20 at 100.00 | A- (4) | 1,526,203 | ||
3,410 | Philadelphia, Pennsylvania, Water and Wastewater Revenue Bonds, Series 1997A, 5.125%, 8/01/27 – AMBAC Insured (ETM) | No Opt. Call | A1 (4) | 4,163,951 | ||
3,415 | Pittsburgh and Allegheny County Sports and Exhibition Authority, Pennsylvania, Sales Tax Revenue Bonds, Refunding Series 2010, 5.000%, 2/01/31 – AGM Insured | 8/20 at 100.00 | A1 | 3,551,498 | ||
1,125 | Scranton, Pennsylvania, Sewer Authority Revenue Bonds, Series 2011A, 5.250%, 12/01/31 (Pre-refunded 12/01/21) – AGM Insured | 12/21 at 100.00 | AA (4) | 1,234,350 | ||
1,930 | Susquehanna Area Regional Airport Authority, Pennsylvania, Airport System Revenue Bonds, Series 2012B, 4.000%, 1/01/33 | 1/23 at 100.00 | BB+ | 1,951,539 | ||
227,808 | Total Pennsylvania | 240,399,893 | ||||
Puerto Rico – 0.6% (0.3% of Total Investments) | ||||||
625 | Puerto Rico Electric Power Authority, Power Revenue Bonds, Refunding Series 2005SS, 5.000%, 7/01/25 – NPFG Insured | 4/19 at 100.00 | D | 627,144 | ||
1,000 | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2007VV, 5.250%, 7/01/24 – NATIONAL PUB Insured | No Opt. Call | D | 1,063,180 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Puerto Rico (continued) | ||||||
$ 1,305 | Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2005L, 5.250%, 7/01/23 – NPFG Insured | No Opt. Call | Baa2 | $1,378,889 | ||
1,000 | Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N, 5.250%, 7/01/31 – AMBAC Insured | No Opt. Call | C | 1,080,070 | ||
4,300 | Puerto Rico Housing Finance Authority, Capital Fund Program Revenue Bonds, Series 2003, 4.500%, 12/01/23 | 4/19 at 100.00 | A2 | 4,470,065 | ||
5,880 | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series 2010C, 5.125%, 8/01/42 – AGM Insured | 8/20 at 100.00 | D | 5,961,850 | ||
51,225 | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A, 0.000%, 8/01/54 – AMBAC Insured | No Opt. Call | D | 6,981,455 | ||
65,335 | Total Puerto Rico | 21,562,653 | ||||
Rhode Island – 0.6% (0.4% of Total Investments) | ||||||
1,315 | Rhode Island Health and Educational Building Corporation, Hospital Financing Revenue Bonds, Lifespan Obligated Group, Refunding Series 2016, 5.000%, 5/15/39 | 5/26 at 100.00 | BBB+ | 1,419,674 | ||
174,390 | Rhode Island Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2007A, 0.000%, 6/01/52 | 4/19 at 100.00 | CCC+ | 18,787,035 | ||
2,235 | Rhode Island Turnpike and Bridge Authority, Motor Fuel Tax Revenue Bonds, Series 2016A, 5.000%, 10/01/40 | 4/26 at 100.00 | A | 2,476,894 | ||
177,940 | Total Rhode Island | 22,683,603 | ||||
South Carolina – 3.7% (2.3% of Total Investments) | ||||||
3,050 | Charleston County Airport District, South Carolina, Airport Revenue Bonds, Series 2019, 5.000%, 7/01/43 (WI/DD, Settling 2/13/19) | 7/29 at 100.00 | A+ | 3,514,180 | ||
Lexington County Health Services District, Inc., South Carolina, Hospital Revenue Bonds, Lexington Medical Center, Series 2016: | ||||||
1,290 | 5.000%, 11/01/41 | 5/26 at 100.00 | A | 1,384,596 | ||
6,820 | 5.000%, 11/01/46 | 5/26 at 100.00 | A | 7,293,376 | ||
Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 2004A-2: | ||||||
26,955 | 0.000%, 1/01/31 – AMBAC Insured | No Opt. Call | A- | 18,105,134 | ||
15,420 | 0.000%, 1/01/32 – AMBAC Insured | No Opt. Call | A- | 9,878,052 | ||
South Carolina Jobs-Economic Development Authority, Hospital Revenue Bonds, McLeod Health Projects, Refunding & Improvement Series 2018: | ||||||
19,130 | 5.000%, 11/01/43 | 5/28 at 100.00 | AA- | 21,394,035 | ||
6,000 | 5.000%, 11/01/48 | 5/28 at 100.00 | AA- | 6,685,020 | ||
375 | South Carolina Jobs-Economic Development Authority, Hospital Revenue Bonds, Palmetto Health, Refunding Series 2011A, 6.500%, 8/01/39 (Pre-refunded 8/01/21) – AGM Insured | 8/21 at 100.00 | AA (4) | 418,538 | ||
10,000 | South Carolina Public Service Authority Santee Cooper Revenue Obligations, Refunding Series 2016B, 5.000%, 12/01/56 | 12/26 at 100.00 | A+ | 10,562,400 | ||
20,035 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding & Improvement Series 2015A, 5.000%, 12/01/50 | 6/25 at 100.00 | A- | 21,018,117 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
South Carolina (continued) | ||||||
South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2014C: | ||||||
$ 3,850 | 5.000%, 12/01/39 | 12/24 at 100.00 | A- | $4,087,122 | ||
4,000 | 5.000%, 12/01/46 | 12/24 at 100.00 | A- | 4,216,440 | ||
6,790 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Series 2013A, 5.125%, 12/01/43 | 12/23 at 100.00 | A- | 7,146,135 | ||
South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Series 2014A: | ||||||
2,000 | 5.000%, 12/01/49 | 6/24 at 100.00 | A- | 2,096,920 | ||
17,240 | 5.500%, 12/01/54 | 6/24 at 100.00 | A- | 18,502,313 | ||
4,500 | Spartanburg Regional Health Services District, Inc., South Carolina, Hospital Refunding Revenue Bonds, Series 2012A, 5.000%, 4/15/32 | 4/22 at 100.00 | A3 | 4,800,555 | ||
147,455 | Total South Carolina | 141,102,933 | ||||
South Dakota – 0.9% (0.5% of Total Investments) | ||||||
Sioux Falls, South Dakota, Health Facilities Revenue Bonds, Dow Rummel Village Project, Series 2017: | ||||||
3,000 | 5.000%, 11/01/42 | 11/26 at 100.00 | BB | 3,015,060 | ||
3,150 | 5.125%, 11/01/47 | 11/26 at 100.00 | BB | 3,178,791 | ||
8,800 | South Dakota Health and Educational Facilities Authority, Revenue Bonds, Avera Health System, Series 2014, 5.000%, 7/01/44 | 7/24 at 100.00 | A1 | 9,462,992 | ||
4,930 | South Dakota Health and Educational Facilities Authority, Revenue Bonds, Avera Health, Refunding Series 2017, 5.000%, 7/01/46 | 7/27 at 100.00 | A1 | 5,389,328 | ||
3,565 | South Dakota Health and Educational Facilities Authority, Revenue Bonds, Sanford Health, Series 2014B, 5.000%, 11/01/44 | 11/24 at 100.00 | A+ | 3,850,414 | ||
8,260 | South Dakota Health and Educational Facilities Authority, Revenue Bonds, Sanford Health, Series 2015, 5.000%, 11/01/45 | 11/25 at 100.00 | A+ | 8,879,748 | ||
31,705 | Total South Dakota | 33,776,333 | ||||
Tennessee – 1.1% (0.7% of Total Investments) | ||||||
10,670 | Chattanooga Health, Educational and Housing Facility Board, Tennessee, Revenue Bonds, Catholic Health Initiatives, Series 2013A, 5.250%, 1/01/45 | 1/23 at 100.00 | BBB+ | 11,310,200 | ||
2,180 | Greeneville Health and Educational Facilities Board, Tennessee, Hospital Revenue Bonds, Ballad Health, Series 2018A, 5.000%, 7/01/35 | 7/28 at 100.00 | Baa1 | 2,471,924 | ||
2,065 | Johnson City Health and Educational Facilities Board, Tennessee, Hospital Revenue Bonds, Mountain States Health Alliance, Series 2012A, 5.000%, 8/15/42 | 8/22 at 100.00 | Baa1 | 2,181,073 | ||
95 | Johnson City Health and Educational Facilities Board, Tennessee, Hospital Revenue Refunding and Improvement Bonds, Johnson City Medical Center, Series 1998C, 5.125%, 7/01/25 (Pre-refunded 7/01/23) – NPFG Insured | 7/23 at 100.00 | N/R (4) | 95,424 | ||
5,000 | Knox County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds, University Health System, Inc, Series 2016, 5.000%, 9/01/36 | 9/26 at 100.00 | BBB | 5,364,350 | ||
Knox County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds, University Health System, Inc, Series 2017: | ||||||
445 | 5.000%, 4/01/31 | 4/27 at 100.00 | BBB | 484,743 | ||
1,745 | 5.000%, 4/01/36 | 4/27 at 100.00 | BBB | 1,864,114 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
$ 1,000 | Knox County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds, University Health System, Inc., Series 2016, 5.000%, 9/01/47 | 9/26 at 100.00 | BBB | $1,056,070 | ||
Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Lipscomb University, Refunding & Improvement Series 2016A: | ||||||
2,225 | 5.000%, 10/01/41 | 10/26 at 100.00 | BBB | 2,382,530 | ||
1,000 | 5.000%, 10/01/45 | 10/26 at 100.00 | BBB | 1,066,030 | ||
11,000 | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Vanderbilt University Medical Center, Series 2016A, 5.000%, 7/01/46 | 7/26 at 100.00 | Aa1 | 11,993,300 | ||
2,120 | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Refunding and Improvement Bonds, Meharry Medical College, Series 1996, 6.000%, 12/01/19 – AMBAC Insured | No Opt. Call | N/R | 2,165,559 | ||
39,545 | Total Tennessee | 42,435,317 | ||||
Texas – 12.7% (8.0% of Total Investments) | ||||||
18,000 | Arlington, Texas, Special Tax Revenue Bonds, Senior Lien Series 2018A, 5.000%, 2/15/48 – AGM Insured | 2/28 at 100.00 | A1 | 20,163,600 | ||
14,615 | Austin, Texas, Electric Utility System Revenue Bonds, Refunding Series 2015A, 5.000%, 11/15/45 (UB) (5) | 11/25 at 100.00 | Aa3 | 16,367,192 | ||
3,035 | Bexar County, Texas, Venue Project Revenue Bonds, Refunding Combined Venue Tax Series 2010, 5.500%, 8/15/49 – AGM Insured | 8/19 at 100.00 | A- | 3,091,572 | ||
2,500 | Capital Area Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, The Roman Catholic Diocese of Austin, Series 2005B Remarketed, 6.125%, 4/01/45 | 4/20 at 100.00 | Baa1 | 2,594,275 | ||
1,000 | Cedar Hill Independent School District, Dallas County, Texas, General Obligation Bonds, Refunding Series 2002, 0.000%, 8/15/32 – FGIC Insured | No Opt. Call | Baa2 | 637,930 | ||
1,330 | Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Senior Lien Series 2013A, 5.000%, 1/01/43 | 1/23 at 100.00 | A- | 1,413,231 | ||
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien Series 2011: | ||||||
2,080 | 5.750%, 1/01/31 (Pre-refunded 1/01/21) | 1/21 at 100.00 | Baa1 (4) | 2,231,382 | ||
1,000 | 6.000%, 1/01/41 (Pre-refunded 1/01/21) | 1/21 at 100.00 | Baa1 (4) | 1,077,440 | ||
6,940 | 6.250%, 1/01/46 (Pre-refunded 1/01/21) | 1/21 at 100.00 | Baa1 (4) | 7,509,843 | ||
7,750 | Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2015A, 5.000%, 1/01/45 | 7/25 at 100.00 | Baa1 | 8,398,055 | ||
Clifton Higher Education Finance Corporation, Texas, Education Revenue Bonds, Uplift Education Charter School, Series 2013A: | ||||||
1,925 | 4.350%, 12/01/42 | 12/22 at 100.00 | BBB- | 1,842,244 | ||
1,000 | 4.400%, 12/01/47 | 12/22 at 100.00 | BBB- | 952,840 | ||
2,500 | Comal Independent School District, Comal, Bexar, Guadalupe, Hays, and Kendall Counties, Texas, General Obligation Bonds, Series 2005A, 0.000%, 2/01/23 | No Opt. Call | Aaa | 2,308,175 | ||
6,340 | Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding and Improvement Bonds, Series 2012C, 5.000%, 11/01/45 | 11/21 at 100.00 | A+ | 6,719,132 | ||
160 | Decatur Hospital Authority, Texas, Revenue Bonds, Wise Regional Health System, Series 2014A, 5.250%, 9/01/44 | 9/24 at 100.00 | BBB- | 169,819 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 3,700 | El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, School Building Series 2017, 5.000%, 8/15/42 | 8/26 at 100.00 | Aaa | $4,145,147 | ||
1,500 | El Paso, Texas, Airport Revenue Bonds, El Paso International Airport Series 2011, 5.250%, 8/15/33 | 8/20 at 100.00 | A | 1,569,165 | ||
Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Subordinate Lien Series 2013B: | ||||||
15,000 | 5.000%, 4/01/53 (UB) (5) | 10/23 at 100.00 | AA | 16,125,600 | ||
16,920 | 5.000%, 4/01/53 | 10/23 at 100.00 | AA+ | 18,189,677 | ||
5,295 | Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Subordinate Lien Series 2018A Tela Supported, 5.000%, 10/01/48 | 4/28 at 100.00 | AA | 5,983,403 | ||
6,610 | Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Tender Option Bond Trust 2015-XF0228, 14.617%, 4/01/44, 144A (IF) (5) | 10/23 at 100.00 | AA | 8,594,719 | ||
Harris County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Houston Methodist Hospital System, Series 2015: | ||||||
2,845 | 4.000%, 12/01/45 | 6/25 at 100.00 | AA | 2,826,337 | ||
2,320 | 5.000%, 12/01/45 | 6/25 at 100.00 | AA | 2,543,393 | ||
Harris County, Texas, Toll Road Revenue Bonds, Refunding Senior Lien Series 2018A: | ||||||
13,890 | 5.000%, 8/15/43 | 2/28 at 100.00 | Aa2 | 15,732,508 | ||
2,000 | 4.000%, 8/15/48 | 2/28 at 100.00 | Aa2 | 2,037,980 | ||
4,040 | Harris County, Texas, Toll Road Revenue Bonds, Subordinate Lien Unlimited Tax Tender Options Bond Trust 2015-XF2184, 12.076%, 8/15/28 – AGM Insured, 144A (IF) (5) | No Opt. Call | AAA | 7,117,026 | ||
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Capital Appreciation Refunding Senior Lien Series 2014A: | ||||||
1,195 | 0.000%, 11/15/41 – AGM Insured | 11/31 at 62.66 | A2 | 444,050 | ||
2,390 | 0.000%, 11/15/42 – AGM Insured | 11/31 at 59.73 | A2 | 843,455 | ||
2,660 | 0.000%, 11/15/43 – AGM Insured | 11/31 at 56.93 | A2 | 892,510 | ||
7,260 | 0.000%, 11/15/44 – AGM Insured | 11/31 at 54.25 | A2 | 2,312,528 | ||
10,440 | 0.000%, 11/15/45 – AGM Insured | 11/31 at 51.48 | A2 | 3,147,451 | ||
7,165 | 0.000%, 11/15/49 – AGM Insured | 11/31 at 41.91 | A2 | 1,752,201 | ||
3,000 | 0.000%, 11/15/52 – AGM Insured | 11/31 at 35.81 | A2 | 624,540 | ||
3,885 | Houston Independent School District Public Facility Corporation, Harris County, Texas, Lease Revenue Bonds, Cesar E Chavez High School, Series 1998A, 0.000%, 9/15/19 – AMBAC Insured | No Opt. Call | AA | 3,842,032 | ||
Houston, Texas, Airport System Revenue Bonds, Refunding & Subordinate Lien Series 2018B: | ||||||
2,000 | 5.000%, 7/01/43 | 7/28 at 100.00 | A1 | 2,266,100 | ||
2,710 | 5.000%, 7/01/48 | 7/28 at 100.00 | A1 | 3,056,555 | ||
4,550 | Houston, Texas, Airport System Revenue Bonds, Refunding Subordinate Lien Series 2012B, 5.000%, 7/01/31 | 7/22 at 100.00 | A | 4,956,679 | ||
990 | Houston, Texas, Airport System Revenue Bonds, Subordinate Lien Series 2000B, 5.450%, 7/01/24 – AGM Insured | No Opt. Call | A | 1,134,530 | ||
6,000 | Houston, Texas, Combined Utility System Revenue Bonds, First Lien Series 2011D, 5.000%, 11/15/40 | 11/21 at 100.00 | AA | 6,458,940 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Project, Series 2001B: | ||||||
$ 1,495 | 0.000%, 9/01/23 – AGM Insured | No Opt. Call | A2 | $1,349,537 | ||
10,850 | 0.000%, 9/01/25 – AMBAC Insured | No Opt. Call | A- | 9,125,501 | ||
1,715 | 0.000%, 9/01/32 – AMBAC Insured | No Opt. Call | A2 | 1,037,061 | ||
2,870 | Hutto Independent School District, Williamson County, Texas, General Obligation Bonds, Refunding Series 2012A, 5.000%, 8/01/46 | 8/21 at 100.00 | A+ | 3,051,585 | ||
2,340 | Laredo, Webb County, Texas, Waterworks and Sewer System Revenue Bonds, Series 2011, 5.000%, 3/01/41 – AGM Insured | 3/21 at 100.00 | Aa3 | 2,471,648 | ||
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation Bonds, Refunding Series 2015A: | ||||||
2,725 | 5.000%, 8/15/40 | 8/25 at 100.00 | AAA | 3,042,081 | ||
4,000 | 4.000%, 8/15/41 | 8/25 at 100.00 | AAA | 4,083,000 | ||
3,000 | Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds, Southwest Airlines Company, Series 2010, 5.250%, 11/01/40 | 11/20 at 100.00 | BBB+ | 3,117,720 | ||
8,305 | Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2015, 5.000%, 5/15/45 | 5/25 at 100.00 | A | 9,228,931 | ||
McCamey County Hospital District, Texas, General Obligation Bonds, Series 2013: | ||||||
1,780 | 5.750%, 12/01/33 | 12/25 at 100.00 | B1 | 1,880,463 | ||
1,800 | 6.125%, 12/01/38 | 12/25 at 100.00 | B1 | 1,901,880 | ||
Midtown Redevelopment Authority, Texas, Tax Increment Contract Revenue, Refunding Series 2017: | ||||||
16,285 | 5.000%, 1/01/36 | 1/27 at 100.00 | A3 | 17,994,762 | ||
10,040 | 5.000%, 1/01/38 – AGM Insured | 1/27 at 100.00 | A2 | 11,101,429 | ||
Montgomery County Toll Road Authority, Texas, Toll Road Revenue Bonds, Senior Lien Series 2018: | ||||||
2,100 | 5.000%, 9/15/43 | 9/25 at 100.00 | BBB- | 2,234,694 | ||
1,815 | 5.000%, 9/15/48 | 9/25 at 100.00 | BBB- | 1,925,987 | ||
850 | New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Methodist Retirement Communities Crestview Project, Series 2016, 5.000%, 11/15/31 | 11/24 at 102.00 | BB+ | 896,410 | ||
4,290 | North Fort Bend Water Authority, Texas, Water System Revenue Bonds, Series 2011, 5.000%, 12/15/36 – AGM Insured | 12/21 at 100.00 | A2 | 4,615,311 | ||
North Texas Tollway Authority, Special Projects System Revenue Bonds, Convertible Capital Appreciation Series 2011C: | ||||||
1,880 | 7.000%, 9/01/43 (Pre-refunded 9/01/31) (6) | 9/31 at 100.00 | N/R (4) | 2,160,101 | ||
7,990 | 6.750%, 9/01/45 (Pre-refunded 9/01/31) (6) | 9/31 at 100.00 | N/R (4) | 10,026,092 | ||
4,000 | North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier Capital Appreciation Series 2008I, 6.500%, 1/01/43 | 1/25 at 100.00 | A+ | 4,883,480 | ||
2,125 | North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2008D, 0.000%, 1/01/28 – AGC Insured | No Opt. Call | A1 | 1,655,842 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2015B: | ||||||
$ 10,260 | 5.000%, 1/01/40 | 1/23 at 100.00 | A+ | $11,085,930 | ||
12,205 | 5.000%, 1/01/45 | 1/25 at 100.00 | A+ | 13,461,749 | ||
5,000 | North Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier Series 2018, 5.000%, 1/01/48 | 1/28 at 100.00 | A | 5,581,750 | ||
North Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier, Series 2015A: | ||||||
6,285 | 5.000%, 1/01/33 | 1/25 at 100.00 | A | 7,043,914 | ||
4,000 | 5.000%, 1/01/34 | 1/25 at 100.00 | A | 4,464,520 | ||
4,000 | 5.000%, 1/01/35 | 1/25 at 100.00 | A | 4,455,280 | ||
2,250 | Red River Education Finance Corporation, Texas, Higher Education Revenue Bonds, Saint Edward's University Project, Series 2016, 4.000%, 6/01/36 | 6/26 at 100.00 | Baa2 | 2,256,997 | ||
3,170 | Southwest Higher Education Authority Inc, Texas, Revenue Bonds, Southern Methodist University, Series 2010, 5.000%, 10/01/41 (Pre-refunded 10/01/20) | 10/20 at 100.00 | AA- (4) | 3,340,261 | ||
2,410 | Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Baylor Health Care System, Series 2011A, 5.000%, 11/15/30 | 11/21 at 100.00 | AA- | 2,580,845 | ||
3,480 | Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Hendrick Medical Center, Refunding Series 2013, 5.500%, 9/01/43 | 9/23 at 100.00 | A | 3,825,808 | ||
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Scott & White Healthcare Project, Series 2010: | ||||||
430 | 5.500%, 8/15/45 (Pre-refunded 8/15/20) | 8/20 at 100.00 | N/R (4) | 454,243 | ||
5,350 | 5.500%, 8/15/45 (Pre-refunded 8/15/20) | 8/20 at 100.00 | N/R (4) | 5,651,633 | ||
4,000 | Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Scott & White Healthcare Project, Series 2013A, 5.000%, 8/15/43 | 8/23 at 100.00 | AA- | 4,327,680 | ||
2,500 | Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Texas Health Resources System, Series 2016A, 5.000%, 2/15/41 | 8/26 at 100.00 | AA | 2,769,000 | ||
Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Series 2012: | ||||||
14,815 | 5.000%, 12/15/27 | 12/22 at 100.00 | BBB | 16,039,904 | ||
7,925 | 5.000%, 12/15/28 | 12/22 at 100.00 | BBB | 8,555,988 | ||
6,550 | 5.000%, 12/15/30 | 12/22 at 100.00 | BBB | 7,024,351 | ||
2,340 | 5.000%, 12/15/32 | 12/22 at 100.00 | BBB | 2,496,242 | ||
2,500 | Texas State, General Obligation Bonds, Transportation Commission Highway Improvement Series 2012A, 5.000%, 4/01/31 | 4/22 at 100.00 | AAA | 2,722,775 | ||
17,760 | Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, First Tier Refunding Series 2012A, 5.000%, 8/15/41 | 8/22 at 100.00 | A- | 18,812,990 | ||
7,345 | Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, First Tier Refunding Series 2015B, 5.000%, 8/15/37 | 8/24 at 100.00 | A- | 8,167,567 | ||
Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Second Tier Refunding Series 2015C: | ||||||
3,650 | 5.000%, 8/15/33 | 8/24 at 100.00 | BBB+ | 3,956,308 | ||
1,600 | 5.000%, 8/15/37 | 8/24 at 100.00 | BBB | 1,714,912 | ||
48,905 | 5.000%, 8/15/42 | 8/24 at 100.00 | BBB | 51,915,103 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 4,000 | Texas Turnpike Authority, Central Texas Turnpike System Revenue Bonds, First Tier Series 2002A, 0.000%, 8/15/25 – AMBAC Insured | No Opt. Call | A- | $ 3,407,480 | ||
473,525 | Total Texas | 485,970,001 | ||||
Utah – 0.9% (0.6% of Total Investments) | ||||||
5,760 | Central Weber Sewer Improvement District, Utah, Sewer Revenue Bonds, Refunding Series 2010A, 5.000%, 3/01/33 (Pre-refunded 3/01/20) – AGC Insured | 3/20 at 100.00 | AA (4) | 5,962,809 | ||
12,335 | Riverton, Utah, Hospital Revenue Bonds, IHC Health Services, Inc, Series 2009, 5.000%, 8/15/41 (Pre-refunded 8/15/19) | 8/19 at 100.00 | AA+ (4) | 12,555,673 | ||
Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2017B: | ||||||
3,560 | 5.000%, 7/01/42 | 7/27 at 100.00 | A+ | 4,001,120 | ||
1,975 | 5.000%, 7/01/47 | 7/27 at 100.00 | A2 | 2,208,958 | ||
4,000 | Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2018B, 5.000%, 7/01/48 | 7/28 at 100.00 | A2 | 4,514,960 | ||
Utah Charter School Finance Authority, Charter School Revenue Bonds, Utah Charter Academies Project, Series 2018: | ||||||
1,000 | 5.000%, 10/15/38 | 10/27 at 100.00 | AA | 1,112,380 | ||
2,320 | 5.000%, 10/15/43 | 10/27 at 100.00 | AA | 2,544,228 | ||
2,040 | 5.000%, 10/15/48 | 10/27 at 100.00 | AA | 2,221,336 | ||
32,990 | Total Utah | 35,121,464 | ||||
Vermont – 0.3% (0.2% of Total Investments) | ||||||
University of Vermont and State Agricultural College, Revenue Bonds, Refunding Series 2015: | ||||||
1,000 | 4.000%, 10/01/40 | 10/25 at 100.00 | A+ | 1,028,230 | ||
10,000 | 5.000%, 10/01/45 | 10/25 at 100.00 | A+ | 11,166,600 | ||
11,000 | Total Vermont | 12,194,830 | ||||
Virginia – 2.3% (1.4% of Total Investments) | ||||||
430 | Chesapeake, Virginia, Transportation System Senior Toll Road Revenue Bonds, Capital Appreciation Series 2012B, 4.875%, 7/15/40 (6) | 7/28 at 100.00 | BBB | 372,431 | ||
4,000 | Fairfax County Industrial Development Authority, Virginia, Healthcare Revenue Bonds, Inova Health System, Series 2018A, 4.000%, 5/15/48 (UB) (5) | 5/28 at 100.00 | AA+ | 4,090,200 | ||
1,800 | Henrico County Economic Development Authority, Virginia, Revenue Bonds, Bon Secours Health System Obligated Group, Series 2013, 5.000%, 11/01/30 (Pre-refunded 11/01/22) | 11/22 at 100.00 | A2 (4) | 2,001,258 | ||
11,960 | Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital Improvement Projects, Refunding Second Senior Lien Series 2014A, 5.000%, 10/01/53 | 4/22 at 100.00 | BBB+ | 12,357,550 | ||
7,000 | Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Second Senior Lien Series 2009B, 0.000%, 10/01/36 – AGC Insured | No Opt. Call | A3 | 3,508,540 | ||
32,000 | Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Second Senior Lien Series 2009C, 6.500%, 10/01/41 – AGC Insured | 10/26 at 100.00 | A3 | 39,858,880 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Virginia (continued) | ||||||
$ 18,000 | Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail Capital Appreciation, Second Senior Lien Series 2010B, 6.500%, 10/01/44 | 10/28 at 100.00 | BBB+ | $22,459,140 | ||
2,000 | Prince William County Industrial Development Authority, Virginia, Health Care Facilities Revenue Bonds, Novant Health Obligated Group-Prince William Hospital, Refunding Series 2013B, 4.000%, 11/01/33 | 11/22 at 100.00 | A+ | 2,054,500 | ||
Roanoke Industrial Development Authority, Virginia, Hospital Revenue Bonds, Carilion Health System Obligated Group, Series 2005B: | ||||||
5 | 5.000%, 7/01/38 (Pre-refunded 7/01/20) | 7/20 at 100.00 | A1 (4) | 5,226 | ||
245 | 5.000%, 7/01/38 | 7/20 at 100.00 | A1 | 253,350 | ||
77,440 | Total Virginia | 86,961,075 | ||||
Washington – 3.5% (2.2% of Total Investments) | ||||||
7,000 | Central Puget Sound Regional Transit Authority, Washington, Sales Tax and Motor Vehicle Excise Tax Bonds, Green Series 2016S-1, 5.000%, 11/01/41 | 11/26 at 100.00 | Aa1 | 7,919,170 | ||
12,235 | Chelan County Public Utility District 1, Washington, Columbia River-Rock Island Hydro-Electric System Revenue Refunding Bonds, Series 1997A, 0.000%, 6/01/26 – NPFG Insured | No Opt. Call | Aa3 | 10,023,768 | ||
4,200 | King County Public Hospital District 1, Washington, Limited Tax General Obligation Bonds, Refunding Series 2016, 5.000%, 12/01/36 | 12/26 at 100.00 | A- | 4,658,094 | ||
6,575 | King County Public Hospital District 1, Washington, Limited Tax General Obligation Bonds, Refunding Series 2018, 5.000%, 12/01/43 | 12/28 at 100.00 | A2 | 7,205,279 | ||
15,000 | King County, Washington, Sewer Revenue Bonds, Refunding Series 2012, 5.000%, 1/01/52 | 1/22 at 100.00 | AA+ | 16,010,400 | ||
3,000 | Port of Seattle, Washington, Revenue Bonds, Intermediate Lien Series 2015A, 5.000%, 4/01/40 | 10/24 at 100.00 | A+ | 3,341,370 | ||
1,250 | Seattle Housing Authority, Washington, Pooled Housing Revenue Bonds, Refunding Series 2014, 5.000%, 12/01/44 | 12/23 at 100.00 | AA | 1,341,125 | ||
12,515 | Spokane Public Facilities District, Washington, Hotel, Motel, and Sales Use Tax Revenue Bonds, Series 2013A, 5.000%, 12/01/38 | 6/23 at 100.00 | A+ | 13,703,550 | ||
5,250 | Tacoma, Washington, Sewer Revenue Bonds, Series 2018, 4.000%, 12/01/48 | 12/28 at 100.00 | Aa2 | 5,387,235 | ||
8,310 | Washington Health Care Facilities Authority, Revenue Bonds, Fred Hutchinson Cancer Research Center, Series 2011A, 5.625%, 1/01/35 | 1/21 at 100.00 | A3 | 8,749,433 | ||
4,415 | Washington Health Care Facilities Authority, Revenue Bonds, Kadlec Regional Medical Center, Series 2010, 5.500%, 12/01/39 (Pre-refunded 12/01/20) | 12/20 at 100.00 | N/R (4) | 4,710,982 | ||
Washington Health Care Facilities Authority, Revenue Bonds, Providence Health & Services, Refunding Series 2012A: | ||||||
4,000 | 5.000%, 10/01/32 | 10/22 at 100.00 | AA- | 4,385,600 | ||
10,000 | 4.250%, 10/01/40 | 10/22 at 100.00 | AA- | 10,162,200 | ||
3,135 | Washington Health Care Facilities Authority, Revenue Bonds, Seattle Children's Hospital, Refunding Series 2012B, 5.000%, 10/01/30 | 10/22 at 100.00 | Aa2 | 3,446,462 | ||
8,230 | Washington Health Care Facilities Authority, Revenue Bonds, Seattle Children's Hospital, Series 2012A, 5.000%, 10/01/42 | 10/22 at 100.00 | Aa2 | 8,953,828 | ||
7,000 | Washington State Health Care Facilities Authority, Revenue Bonds, Fred Hutchinson Cancer Research Center, Series 2009A, 6.000%, 1/01/33 (Pre-refunded 7/01/19) | 7/19 at 100.00 | A3 (4) | 7,121,240 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Washington (continued) | ||||||
$ 500 | Washington State Housing Finance Commission, Non-profit Housing Revenue Bonds, Presbyterian Retirement Communities Northwest Project, Refunding Series 2016A, 5.000%, 1/01/46, 144A | 1/25 at 102.00 | BB+ | $519,835 | ||
9,000 | Washington State, Motor Vehicle Fuel Tax General Obligation Bonds, Series 2003C, 0.000%, 6/01/28 – FGIC Insured | No Opt. Call | AA+ | 7,066,890 | ||
10,855 | Washington, General Obligation Bonds, Series 2000S-5, 0.000%, 1/01/20 – FGIC Insured | No Opt. Call | AA+ | 10,683,600 | ||
132,470 | Total Washington | 135,390,061 | ||||
West Virginia – 1.0% (0.6% of Total Investments) | ||||||
West Virginia Hospital Finance Authority, Hospital Revenue Bonds, West Virginia United Health System Obligated Group, Refunding & Improvement Series 2013A: | ||||||
3,000 | 5.375%, 6/01/38 | 6/23 at 100.00 | A | 3,277,950 | ||
16,845 | 5.500%, 6/01/44 | 6/23 at 100.00 | A | 18,347,742 | ||
9,000 | West Virginia Hospital Finance Authority, Hospital Revenue Bonds, West Virginia United Health System Obligated Group, Series 2018A, 5.000%, 6/01/52 | 6/28 at 100.00 | A | 9,658,080 | ||
3,500 | West Virginia Hospital Finance Authority, Revenue Bonds, West Virginia University Health System Obligated Group, Improvement Series 2017A, 5.000%, 6/01/42 | 6/27 at 100.00 | A | 3,789,380 | ||
3,000 | West Virginia State Building Commission, Lease Revenue Refunding Bonds, Regional Jail and Corrections Facility, Series 1998A, 5.375%, 7/01/21 – AMBAC Insured | No Opt. Call | N/R | 3,198,840 | ||
35,345 | Total West Virginia | 38,271,992 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin – 3.4% (2.1% of Total Investments) | ||||||
Public Finance Authority of Wisconsin, Conference Center and Hotel Revenue Bonds, Lombard Public Facilities Corporation, Second Tier Series 2018B: | ||||||
$ 43 | 0.000%, 1/01/46, 144A | No Opt. Call | N/R | $1,292 | ||
43 | 0.000%, 1/01/47, 144A | No Opt. Call | N/R | 1,264 | ||
42 | 0.000%, 1/01/48, 144A | No Opt. Call | N/R | 1,245 | ||
42 | 0.000%, 1/01/49, 144A | No Opt. Call | N/R | 1,227 | ||
41 | 0.000%, 1/01/50, 144A | No Opt. Call | N/R | 1,200 | ||
45 | 0.000%, 1/01/51, 144A | No Opt. Call | N/R | 1,306 | ||
1,176 | 3.750%, 7/01/51, 144A | 3/28 at 100.00 | N/R | 1,065,731 | ||
45 | 0.000%, 1/01/52, 144A | No Opt. Call | N/R | 1,287 | ||
44 | 0.000%, 1/01/53, 144A | No Opt. Call | N/R | 1,262 | ||
44 | 0.000%, 1/01/54, 144A | No Opt. Call | N/R | 1,245 | ||
43 | 0.000%, 1/01/55, 144A | No Opt. Call | N/R | 1,219 | ||
43 | 0.000%, 1/01/56, 144A | No Opt. Call | N/R | 1,194 | ||
42 | 0.000%, 1/01/57, 144A | No Opt. Call | N/R | 1,178 | ||
42 | 0.000%, 1/01/58, 144A | No Opt. Call | N/R | 1,154 | ||
42 | 0.000%, 1/01/59, 144A | No Opt. Call | N/R | 1,139 | ||
41 | 0.000%, 1/01/60, 144A | No Opt. Call | N/R | 1,124 | ||
41 | 0.000%, 1/01/61, 144A | No Opt. Call | N/R | 1,101 | ||
40 | 0.000%, 1/01/62, 144A | No Opt. Call | N/R | 1,086 | ||
40 | 0.000%, 1/01/63, 144A | No Opt. Call | N/R | 1,063 | ||
39 | 0.000%, 1/01/64, 144A | No Opt. Call | N/R | 1,049 | ||
39 | 0.000%, 1/01/65, 144A | No Opt. Call | N/R | 1,035 | ||
39 | 0.000%, 1/01/66, 144A | No Opt. Call | N/R | 1,013 | ||
501 | 0.000%, 1/01/67, 144A | No Opt. Call | N/R | 13,124 | ||
Public Finance Authority, Wisconsin, Educational Revenue Bonds, Lake Norman Charter School, Series 2018A: | ||||||
6,000 | 5.000%, 6/15/38, 144A | 6/26 at 100.00 | BBB- | 6,297,180 | ||
2,335 | 5.000%, 6/15/48, 144A | 6/26 at 100.00 | BBB- | 2,432,626 | ||
4,100 | University of Wisconsin Hospitals and Clinics Authority, Revenue Bonds, Refunding Series 2013A, 5.000%, 4/01/38 | 4/23 at 100.00 | AA- | 4,418,160 | ||
5,140 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Ascension Health Alliance Senior Credit Group, Series 2016A, 4.000%, 11/15/34 | 5/26 at 100.00 | Aa2 | 5,354,081 | ||
1,240 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Aurora Health Care, Inc, Series 2010A, 5.625%, 4/15/39 (Pre-refunded 4/15/20) | 4/20 at 100.00 | Aa3 (4) | 1,297,400 | ||
6,775 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Aurora Health Care, Inc, Series 2012A, 5.000%, 7/15/25 (Pre-refunded 7/15/21) | 7/21 at 100.00 | Aa3 (4) | 7,306,905 | ||
2,500 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Aurora Health Care, Inc, Series 2013A, 5.125%, 4/15/31 (Pre-refunded 4/15/23) | 4/23 at 100.00 | Aa3 (4) | 2,836,700 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Franciscan Sisters of Christian Charity Sponsored Ministry, Series 2017A: | ||||||
$ 1,000 | 5.000%, 9/01/30 | 9/27 at 100.00 | BBB- | $1,113,400 | ||
1,110 | 5.000%, 9/01/31 | 9/27 at 100.00 | BBB- | 1,225,473 | ||
1,100 | 5.000%, 9/01/32 | 9/27 at 100.00 | BBB- | 1,206,766 | ||
1,725 | 5.000%, 9/01/33 | 9/27 at 100.00 | BBB- | 1,883,148 | ||
1,775 | 5.000%, 9/01/34 | 9/27 at 100.00 | BBB- | 1,925,520 | ||
1,910 | 5.000%, 9/01/35 | 9/27 at 100.00 | BBB- | 2,060,393 | ||
2,065 | 5.000%, 9/01/36 | 9/27 at 100.00 | BBB- | 2,215,146 | ||
1,015 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Froedtert Health Inc Obligated Group, Series 2012A, 5.000%, 4/01/42 | 10/22 at 100.00 | AA- | 1,086,984 | ||
1,000 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Gundersen Lutheran, Series 2011A, 5.250%, 10/15/39 | 10/21 at 100.00 | AA- | 1,066,670 | ||
18,410 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic Health System, Inc, Series 2017C, 5.000%, 2/15/47 | 2/27 at 100.00 | A- | 19,807,687 | ||
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic, Series 2012B: | ||||||
1,000 | 5.000%, 2/15/27 | 2/22 at 100.00 | A- | 1,070,710 | ||
1,000 | 5.000%, 2/15/28 | 2/22 at 100.00 | A- | 1,069,200 | ||
4,735 | 5.000%, 2/15/40 | 2/22 at 100.00 | A- | 4,983,446 | ||
8,500 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic, Series 2016A, 5.000%, 2/15/46 | 2/26 at 100.00 | A- | 9,113,190 | ||
2,000 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic, Series 2016B, 5.000%, 2/15/35 | 2/26 at 100.00 | A- | 2,202,540 | ||
5,000 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Medical College of Wisconsin, Inc, Series 2016, 5.000%, 12/01/41 | 11/26 at 100.00 | AA- | 5,555,050 | ||
7,625 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Mercy Alliance, Inc., Series 2012, 5.000%, 6/01/39 | 6/22 at 100.00 | A3 | 8,081,509 | ||
1,165 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Meriter Hospital Inc, Series 1992A, 6.000%, 12/01/22 – FGIC Insured | No Opt. Call | A1 | 1,239,106 | ||
2,650 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Ministry Health Care, Inc., Refunding 2012C, 5.000%, 8/15/32 (Pre-refunded 8/15/22) | 8/22 at 100.00 | N/R (4) | 2,940,732 | ||
1,500 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Saint John's Communities Inc, Series 2018A, 5.000%, 9/15/45 | 9/23 at 100.00 | BBB- | 1,528,365 | ||
5,455 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Saint John's Communities Inc., Series 2018A, 5.000%, 9/15/50 | 9/23 at 100.00 | BBB- | 5,546,753 | ||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Benevolent Corporation Cedar Community, Series 2017: | ||||||
1,110 | 5.000%, 6/01/37 | 6/25 at 103.00 | N/R | 1,139,903 | ||
955 | 5.000%, 6/01/41 | 6/25 at 103.00 | N/R | 972,753 | ||
10,230 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, ThedaCare Inc, Series 2015, 5.000%, 12/15/44 | 12/24 at 100.00 | A1 | 10,930,448 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
Wisconsin State, General Fund Annual Appropriation Revenue Bonds, Refunding Series 2009A: | ||||||
$ 955 | 5.750%, 5/01/33 (Pre-refunded 5/01/19) | 5/19 at 100.00 | N/R (4) | $964,626 | ||
9,115 | 5.750%, 5/01/33 (Pre-refunded 5/01/19) | 5/19 at 100.00 | Aa2 (4) | 9,206,879 | ||
124,752 | Total Wisconsin | 131,182,987 | ||||
Wyoming – 0.5% (0.3% of Total Investments) | ||||||
4,080 | Campbell County, Wyoming Solid Waste Facilities Revenue Bonds, Basin Electric Power Cooperative - Dry Fork Station Facilities, Series 2009A, 5.750%, 7/15/39 | 7/19 at 100.00 | A3 | 4,148,830 | ||
9,625 | Sweetwater County, Wyoming, Hospital Revenue Bonds, Memorial Hospital Project, Refunding Series 2013A, 5.000%, 9/01/37 | 9/23 at 100.00 | BB+ | 9,913,846 | ||
Teton County Hospital District, Wyoming, Hospital Revenue Bonds, St. John's Medical Center Project, Series 2011B: | ||||||
2,000 | 5.500%, 12/01/27 | 12/21 at 100.00 | A- | 2,137,180 | ||
1,000 | 6.000%, 12/01/36 | 12/21 at 100.00 | A- | 1,076,130 | ||
16,705 | Total Wyoming | 17,275,986 | ||||
$ 6,343,030 | Total Municipal Bonds (cost $5,714,994,884) | 6,082,875,639 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (3) | Value | |
CORPORATE BONDS – 0.0% (0.0% of Total Investments) | ||||||
Transportation – 0.0% (0.0% of Total Investments) | ||||||
$ 1,056 | Las Vegas Monorail Company, Senior Interest Bonds (9), (10) | 5.500% | 7/15/19 | N/R | $694,926 | |
300 | Las Vegas Monorail Company, Senior Interest Bonds (9), (10) | 5.500% | 7/15/55 | N/R | 147,988 | |
$ 1,356 | Total Corporate Bonds (cost $57,921) | 842,914 | ||||
Total Long-Term Investments (cost $5,715,052,805) | 6,083,718,553 |
NEA | Nuveen AMT-Free Quality Municipal Income Fund (continued) |
Portfolio of Investments January 31, 2019 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provision (2) | Ratings (3) | Value | ||
SHORT-TERM INVESTMENTS – 0.6% (0.3% of Total Investments) | ||||||
MUNICIPAL BONDS – 0.6% (0.3% of Total Investments) | ||||||
Minnesota – 0.1% (0.0% of Total Investments) | ||||||
$ 4,000 | Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Variable Rate Demand Obligations, Series 2008A, 1.430%, 11/15/38 (11) | 3/19 at 100.00 | A-1+ | $ 4,000,000 | ||
Mississippi – 0.5% (0.3% of Total Investments) | ||||||
16,970 | Mississippi Business Finance Corporation, Gulf Opportunity Zone Industrial Development Revenue Bonds, Chevron USA Inc Project, Variable Rate Demand Obligations, Series 2011C, 1.400%, 11/01/35 (11) | 5/19 at 100.00 | A-1+ | 16,970,000 | ||
$ 20,970 | Total Short-Term Investments (cost $20,970,000) | 20,970,000 | ||||
Total Investments (cost $5,736,022,805) – 160.0% | 6,104,688,553 | |||||
Floating Rate Obligations – (2.2)% | (85,720,000) | |||||
MuniFund Term Preferred Shares, net of deferred offering costs – (25.1)% (12) | (957,151,996) | |||||
Variable Rate Demand Preferred Shares, net of deferred offering costs – (33.6)% (13) | (1,282,966,448) | |||||
Other Assets Less Liabilities – 0.9% | 37,756,420 | |||||
Net Assets Applicable to Common Shares – 100% | $ 3,816,606,529 |
Level 1 | Level 2 | Level 3 | Total | |
Long-Term Investments: | ||||
Municipal Bonds | $ — | $6,082,875,639 | $ — | $6,082,875,639 |
Corporate Bonds | — | — | 842,914 | 842,914 |
Short-Term Investments: | ||||
Municipal Bonds | — | 20,970,000 | — | 20,970,000 |
Total | $ — | $6,103,845,639 | $842,914 | $6,104,688,553 |
Tax cost of investments | $5,645,346,232 |
Gross unrealized: | |
Appreciation | $ 388,116,794 |
Depreciation | (14,495,060) |
Net unrealized appreciation (depreciation) of investments | $ 373,621,734 |
(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) | The ratings disclosed are the lowest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. 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) | 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. | |
(5) | Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions. | |
(6) | Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period. | |
(7) | As of, or subsequent to, the end of the reporting period, this security is non-income producing. Non-income producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the Fund’s Adviser has concluded that the issue is not likely to meet its future interest payment obligations and has ceased accruing additional income on the Fund’s records. | |
(8) | On July 1, 2017, the Fund's Adviser determined it was unlikely that this borrower would fulfill its entire obligation on this security, and therefore reduced the security's interest rate of accrual from 5.000% to 2.000%. | |
(9) | During January 2010, Las Vegas Monorail Company (“Las Vegas Monorail”) filed for federal bankruptcy protection. During March 2012, Las Vegas Monorail emerged from federal bankruptcy with the acceptance of a reorganization plan assigned by the Federal Bankruptcy Court. Under the reorganization plan, the Fund surrendered its Las Vegas Monorail Project Revenue Bonds, First Tier, Series 2000 and in turn received two senior interest corporate bonds: the first with an annual coupon rate of 5.500% maturing on July 15, 2019 and the second with an annual coupon rate of 3.000% (5.500% after December 31, 2015) maturing on July 15, 2055. The Fund was not accruing income for either senior interest corporate bond. On January 18, 2017, the Fund's Adviser determined it was likely that this senior interest corporate bond would fulfill its obligation on the security maturing on July 15, 2019, and therefore began accruing income on the Fund's records. | |
(10) | Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3. | |
(11) | Investment has maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the reporting period. This rate changes periodically based on market conditions or a specified market index. | |
(12) | MuniFund Term Preferred Shares, net of deferred offering costs as a percentage of Total Investments is 15.7%. | |
(13) | Variable Rate Demand Preferred Shares, net of deferred offering costs as a percentage of Total Investments is 21.0%. | |
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. | |
ETM | Escrowed to maturity. | |
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. | |
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. | |
UB | Underlying bond of an inverse floating rate trust reflected as a financing transaction. | |
WI/DD | Investment, or portion of investment, purchased on a when-issued or delayed delivery basis. |
Item 2. Controls and Procedures.
a. | The registrants principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrants disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the 1940 Act) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
b. | There were no changes in the registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrants last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants internal control over financial reporting. |
Item 3. Exhibits.
File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) | Nuveen AMT-Free Quality Municipal Income Fund | |||
By (Signature and Title) | /s/ Gifford R. Zimmerman | |||
Gifford R. Zimmerman | ||||
Vice President and Secretary |
Date: April 1, 2019
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title) | /s/ Cedric H. Antosiewicz | |||
Cedric H. Antosiewicz |
||||
Chief Administrative Officer (principal executive officer) |
||||
Date: April 1, 2019 |
||||
By (Signature and Title) |
/s/ Stephen D. Foy |
|||
Stephen D. Foy |
||||
Vice President and Controller (principal financial officer) |
||||
Date: April 1, 2019 |