0001752724-22-152881.txt : 20220629
0001752724-22-152881.hdr.sgml : 20220629
20220628203140
ACCESSION NUMBER: 0001752724-22-152881
CONFORMED SUBMISSION TYPE: NPORT-P
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20220430
FILED AS OF DATE: 20220629
PERIOD START: 20220731
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Nuveen Preferred & Income Opportunities Fund
CENTRAL INDEX KEY: 0001216583
IRS NUMBER: 470909557
STATE OF INCORPORATION: MA
FISCAL YEAR END: 0731
FILING VALUES:
FORM TYPE: NPORT-P
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-21293
FILM NUMBER: 221051524
BUSINESS ADDRESS:
STREET 1: 333 WEST WACKER DRIVE
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 312-917-8146
MAIL ADDRESS:
STREET 1: 333 WEST WACKER DRIVE
CITY: CHICAGO
STATE: IL
ZIP: 60606
FORMER COMPANY:
FORMER CONFORMED NAME: Nuveen Preferred Income Opportunities Fund
DATE OF NAME CHANGE: 20120402
FORMER COMPANY:
FORMER CONFORMED NAME: Nuveen Multi-Strategy Income & Growth Fund
DATE OF NAME CHANGE: 20070522
FORMER COMPANY:
FORMER CONFORMED NAME: NUVEEN PREFERRED CONVERTIBLE INCOME FUND
DATE OF NAME CHANGE: 20030129
NPORT-P
1
primary_doc.xml
NPORT-P
false
0001216583
XXXXXXXX
Nuveen Preferred & Income Opportunities Fund
811-21293
0001216583
SQSNUOAGTXNFWCFS1I50
333 W. Wacker Dr
Chicago
60606
312-917-7700
Nuveen Preferred & Income Opportunities Fund
SQSNUOAGTXNFWCFS1I50
2022-07-31
2022-04-30
N
1360264755.00
445912333.00
914352422.00
0.00000000
0.00000000
433400000.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
USD
N
STANDARD CHARTERED PLC
U4LOSYZ7YG4W3S5F2G91
Standard Chartered PLC
853254BT6
5406000.00000000
PA
USD
5372212.50000000
0.587542874141
Long
DBT
CORP
GB
Y
2
N/A
Fixed
6.00000000
N
N
N
N
Y
Standard Chartered PLC
Standard Chartered PLC 6 01/26/2171
USD
XXXX
N
N
N
VISTRA CORP
549300KP43CPCUJOOG15
Vistra Corp
92840MAC6
1550000.00000000
PA
USD
1507375.00000000
0.164857112392
Long
DBT
CORP
US
Y
2
N/A
Fixed
7.00000000
N
N
N
N
N
N
ING GROEP NV
549300NYKK9MWM7GGW15
ING Groep NV
456837AR4
9280000.00000000
PA
USD
8908800.00000000
0.974328911440
Long
DBT
CORP
NL
N
2
N/A
Fixed
5.75000000
N
N
N
N
Y
ING Groep NV
ING Groep NV 5.75 11/16/2170
USD
XXXX
N
N
N
Pebblebrook Hotel Trust
5493004Q1NNH6JXCSI52
Pebblebrook Hotel Trust
70509V803
123692.00000000
NS
USD
2752147.00000000
0.300994117123
Long
EP
CORP
US
N
1
N
N
N
Maiden Holdings North America Ltd
N/A
Maiden Holdings North America Ltd
56029Q408
219645.00000000
NS
USD
4480758.00000000
0.490047151644
Long
EP
CORP
US
N
1
N
N
N
TRANSCANADA TRUST
549300Y0MFCAXLBWUV51
Transcanada Trust
89356BAE8
1400000.00000000
PA
USD
1347500.00000000
0.147372060004
Long
DBT
CORP
CA
N
2
2079-09-15
Fixed
5.50000000
N
N
N
N
N
N
Compeer Financial ACA
54930020HTACTODKHT04
Compeer Financial ACA
20453Q201
12600.00000000
NS
USD
12726000.00000000
1.391804701754
Long
EP
CORP
US
Y
2
N
N
N
Regions Financial Corp
CW05CS5KW59QTC0DG824
Regions Financial Corp
7591EP704
61900.00000000
NS
USD
1501075.00000000
0.164168100163
Long
EP
CORP
US
N
1
N
N
N
STANDARD CHARTERED PLC
U4LOSYZ7YG4W3S5F2G91
Standard Chartered PLC
853254BH2
2010000.00000000
PA
USD
2060792.70000000
0.225382757284
Long
DBT
CORP
GB
Y
2
N/A
Fixed
7.75000000
N
N
N
N
Y
Standard Chartered PLC
Standard Chartered PLC 7.75 04/02/2171
USD
XXXX
N
N
N
CHARLES SCHWAB CORP
549300VSGCJ7E698NM85
Charles Schwab Corp/The
808513BD6
7425000.00000000
PA
USD
7481207.25000000
0.818197346011
Long
DBT
CORP
US
N
2
N/A
Fixed
5.37500000
N
N
N
N
N
N
GENERAL MOTORS FINL CO
5493008B6JBRUJ90QL97
General Motors Financial Co Inc
37045XCM6
11750000.00000000
PA
USD
11338750.00000000
1.240085302688
Long
DBT
CORP
US
N
2
N/A
Fixed
6.50000000
N
N
N
N
N
N
Wells Fargo & Co
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
94988U151
68200.00000000
NS
USD
1326490.00000000
0.145074258905
Long
EP
CORP
US
N
1
N
N
N
FNB Corp/PA
PCYSKIGYNYFDTBLVZU83
FNB Corp/PA
30255P103
152367.00000000
NS
USD
3914308.23000000
0.428096228086
Long
EP
CORP
US
N
1
N
N
N
CITIZENS FINANCIAL GROUP
2138004JDDA4ZQUPFW65
Citizens Financial Group Inc
174610AQ8
1685000.00000000
PA
USD
1630237.50000000
0.178294217937
Long
DBT
CORP
US
N
2
N/A
Fixed
6.37500000
N
N
N
N
N
N
AT&T Inc
549300Z40J86GGSTL398
AT&T Inc
00206R706
52800.00000000
NS
USD
1024848.00000000
0.112084572134
Long
EP
CORP
US
N
1
N
N
N
TRUIST FINANCIAL CORP
549300DRQQI75D2JP341
Truist Financial Corp
89832QAE9
9458000.00000000
PA
USD
9446177.50000000
1.033100287451
Long
DBT
CORP
US
N
2
N/A
Fixed
4.95000000
N
N
N
N
N
N
Pebblebrook Hotel Trust
5493004Q1NNH6JXCSI52
Pebblebrook Hotel Trust
70509V886
122950.00000000
NS
USD
2395066.00000000
0.261941232108
Long
EP
CORP
US
N
1
N
N
N
ENBRIDGE INC
98TPTUM4IVMFCZBCUR27
Enbridge Inc
29250NAN5
1540000.00000000
PA
USD
1547040.19000000
0.169195176036
Long
DBT
CORP
CA
N
2
2077-01-15
Fixed
6.00000000
N
N
N
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup Inc
172967NB3
1820000.00000000
PA
USD
1609972.00000000
0.176077840585
Long
DBT
CORP
US
N
2
N/A
Fixed
4.15000000
N
N
N
N
N
N
CAPITAL ONE FINANCIAL CO
ZUE8T73ROZOF6FLBAR73
Capital One Financial Corp
14040HCF0
3215000.00000000
PA
USD
2789012.50000000
0.305025987014
Long
DBT
CORP
US
N
2
N/A
Fixed
3.95000000
N
N
N
N
N
N
LAND O'LAKES INC
4ONCJWH5BBCYSJIJYX61
Land O' Lakes Inc
514666AK2
28560000.00000000
PA
USD
29916600.00000000
3.271889402836
Long
DBT
CORP
US
Y
2
N/A
Fixed
8.00000000
N
N
N
N
N
N
JPMORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co
48128BAF8
7275000.00000000
PA
USD
6894517.50000000
0.754032836148
Long
DBT
CORP
US
N
2
N/A
Fixed
5.00000000
N
N
N
N
N
N
REGIONS FINANCIAL CORP
CW05CS5KW59QTC0DG824
Regions Financial Corp
7591EPAR1
8290000.00000000
PA
USD
8455800.00000000
0.924785651193
Long
DBT
CORP
US
N
2
N/A
Fixed
5.75000000
N
N
N
N
N
N
SOCIETE GENERALE
O2RNE8IBXP4R0TD8PU41
Societe Generale SA
83367TBF5
6536000.00000000
PA
USD
6688978.09000000
0.731553603299
Long
DBT
CORP
FR
Y
2
N/A
Fixed
7.87500000
N
N
N
N
Y
Societe Generale SA
Societe Generale SA 7.875 06/18/2170
USD
XXXX
N
N
N
EQUITABLE HOLDINGS INC
549300FIBAKMNHPZ4009
Equitable Holdings Inc
29452EAA9
7470000.00000000
PA
USD
7455058.06000000
0.815337487015
Long
DBT
CORP
US
N
2
N/A
Fixed
4.95000000
N
N
N
N
N
N
HSBC HOLDINGS PLC
MLU0ZO3ML4LN2LL2TL39
HSBC Holdings PLC
404280AT6
21344000.00000000
PA
USD
21435352.32000000
2.344320614704
Long
DBT
CORP
GB
N
2
N/A
Fixed
6.37500000
N
N
N
N
Y
HSBC Holdings PLC
HSBC Holdings PLC 6.375 09/30/2170
USD
XXXX
N
N
N
Stifel Financial Corp
549300E5F07FE5GHJX84
Stifel Financial Corp
860630706
231412.00000000
NS
USD
5843153.00000000
0.639048233417
Long
EP
CORP
US
N
1
N
N
N
CHS Inc
XEIEFTLYDQ1MZ6TZV015
CHS Inc
12542R506
357005.00000000
NS
USD
9442782.25000000
1.032728959075
Long
EP
CORP
US
N
1
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup Inc
172967HQ7
13145000.00000000
PA
USD
12997118.75000000
1.421456151619
Long
DBT
CORP
US
N
2
N/A
Fixed
6.30000000
N
N
N
N
N
N
Morgan Stanley
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
61763E207
110293.00000000
NS
USD
2867618.00000000
0.313622836337
Long
EP
CORP
US
N
1
N
N
N
M&T BANK CORPORATION
549300WYXDDBYRASEG81
M&T Bank Corp
55261FAN4
1440000.00000000
PA
USD
1209618.48000000
0.132292368992
Long
DBT
CORP
US
N
2
N/A
Fixed
3.50000000
N
N
N
N
N
N
Voya Financial Inc
549300T065Z4KJ686G75
Voya Financial Inc
929089209
204839.00000000
NS
USD
5049281.35000000
0.552224856467
Long
EP
CORP
US
N
1
N
N
N
TRUIST FIN CORP
549300DRQQI75D2JP341
Truist Financial Corp
89832QAB5
1930000.00000000
PA
USD
1838325.00000000
0.201052127797
Long
DBT
CORP
US
N
2
N/A
Fixed
5.05000000
N
N
N
N
N
N
Air Lease Corp
5493004NW4M4P8TMMK63
Air Lease Corp
00912X500
167841.00000000
NS
USD
4196025.00000000
0.458906751821
Long
EP
CORP
US
N
1
N
N
N
SVB FINANCIAL GROUP
549300D2KJ20JMXE7542
SVB Financial Group
78486QAG6
875000.00000000
PA
USD
708750.00000000
0.077513875716
Long
DBT
CORP
US
N
2
N/A
Fixed
4.10000000
N
N
N
N
N
N
ILFC E-CAPITAL TRUST II
N/A
ILFC E-Capital Trust I
44965UAA2
8474000.00000000
PA
USD
6779200.00000000
0.741420904772
Long
DBT
CORP
US
Y
2
2065-12-21
Fixed
4.30000000
N
N
N
N
N
N
AgriBank FCB
I0JS1G88CFNZT8P31C22
AgriBank FCB
00850L203
74600.00000000
NS
USD
7795700.00000000
0.852592481020
Long
EP
CORP
US
N
2
N
N
N
ING GROEP NV
549300NYKK9MWM7GGW15
ING Groep NV
456837AF0
4585000.00000000
PA
USD
4573537.50000000
0.500194169114
Long
DBT
CORP
NL
N
2
N/A
Fixed
6.50000000
N
N
N
N
Y
ING Groep NV
ING Groep NV 6.5 10/16/2170
USD
XXXX
N
N
N
SVB FINANCIAL GROUP
549300D2KJ20JMXE7542
SVB Financial Group
78486QAQ4
785000.00000000
PA
USD
642239.90000000
0.070239864252
Long
DBT
CORP
US
N
2
N/A
Fixed
4.70000000
N
N
N
N
N
N
BANCO SANTANDER SA
5493006QMFDDMYWIAM13
Banco Santander SA
05971KAH2
4905000.00000000
PA
USD
4332678.76000000
0.473852166380
Long
DBT
CORP
ES
N
2
N/A
Fixed
4.75000000
N
N
N
N
Y
Banco Santander SA
Banco Santander SA 4.75 08/12/2170
USD
XXXX
N
N
N
CREDIT SUISSE GROUP AG
549300506SI9CRFV9Z86
Credit Suisse Group AG
225401AK4
10229000.00000000
PA
USD
9975320.80000000
1.090971113542
Long
DBT
CORP
CH
Y
2
N/A
Fixed
7.25000000
N
N
N
N
Y
Credit Suisse Group AG
Credit Suisse Group AG 7.25 03/12/2171
USD
XXXX
N
N
N
Sunstone Hotel Investors Inc
529900ZQ2V52V96ATF67
Sunstone Hotel Investors Inc
867892804
119717.00000000
NS
USD
2729547.60000000
0.298522488082
Long
EP
CORP
US
N
1
N
N
N
ENSTAR FINANCE LLC
N/A
Enstar Finance LLC
29360AAA8
2395000.00000000
PA
USD
2355756.49000000
0.257642068125
Long
DBT
CORP
US
N
2
2040-09-01
Fixed
5.75000000
N
N
N
N
N
N
PNC FINANCIAL SERVICES
CFGNEKW0P8842LEUIA51
PNC Financial Services Group Inc/The
693475AQ8
1922000.00000000
PA
USD
1845120.00000000
0.201795276701
Long
DBT
CORP
US
N
2
N/A
Fixed
5.00000000
N
N
N
N
N
N
SOCIETE GENERALE
O2RNE8IBXP4R0TD8PU41
Societe Generale SA
83367TBU2
2066000.00000000
PA
USD
1970480.58000000
0.215505589812
Long
DBT
CORP
FR
Y
2
N/A
Fixed
6.75000000
N
N
N
N
Y
Societe Generale SA
Societe Generale SA 6.75 10/06/2170
USD
XXXX
N
N
N
SOCIETE GENERALE
O2RNE8IBXP4R0TD8PU41
Societe Generale SA
83370RAB4
2820000.00000000
PA
USD
2500309.63000000
0.273451414338
Long
DBT
CORP
FR
Y
2
N/A
Fixed
4.75000000
N
N
N
N
Y
Societe Generale SA
Societe Generale SA 4.75 11/26/2170
USD
XXXX
N
N
N
Wintrust Financial Corp
Q774KI4AW80FHFW33O61
Wintrust Financial Corp
97650W504
160747.00000000
NS
USD
4274262.73000000
0.467463379235
Long
EP
CORP
US
N
1
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS Group AG
902613AG3
3755000.00000000
PA
USD
3258776.75000000
0.356402703333
Long
DBT
CORP
CH
Y
2
N/A
Fixed
3.87500000
N
N
N
N
Y
UBS Group AG
UBS Group AG 3.875 12/02/2170
USD
XXXX
N
N
N
CoBank ACB
P0J8I7M2E0A77CKF1705
CoBank ACB
19075Q862
93724.00000000
NS
USD
9747296.00000000
1.066032720587
Long
EP
CORP
US
N
2
N
N
N
CREDIT SUISSE GROUP AG
549300506SI9CRFV9Z86
Credit Suisse Group AG
22546DAB2
6925000.00000000
PA
USD
6929778.25000000
0.757889199313
Long
DBT
CORP
CH
Y
2
N/A
Fixed
7.50000000
N
N
N
N
Y
Credit Suisse Group AG
Credit Suisse Group AG 7.5 06/11/2170
USD
XXXX
N
N
N
Federal Agricultural Mortgage Corp
549300MS654K78GYF580
Federal Agricultural Mortgage Corp
313148876
75580.00000000
NS
USD
1987754.00000000
0.217394732290
Long
EP
USGSE
US
N
1
N
N
N
KEYCORP
RKPI3RZGV1V1FJTH5T61
KeyCorp
493267AK4
2485000.00000000
PA
USD
2376157.00000000
0.259873211119
Long
DBT
CORP
US
N
2
N/A
Fixed
5.00000000
N
N
N
N
N
N
American Equity Investment Life Holding Co
549300RK5RZQ740FPL83
American Equity Investment Life Holding Co
025676503
351299.00000000
NS
USD
8673572.31000000
0.948602759866
Long
EP
CORP
US
N
1
N
N
N
VODAFONE GROUP PLC
213800TB53ELEUKM7Q61
Vodafone Group PLC
92857WBQ2
6644000.00000000
PA
USD
7016263.32000000
0.767347813729
Long
DBT
CORP
GB
N
2
2079-04-04
Fixed
7.00000000
N
N
N
N
N
N
TRUIST FINANCIAL CORP
549300DRQQI75D2JP341
Truist Financial Corp
89832QAF6
4690000.00000000
PA
USD
4672412.55000000
0.511007838725
Long
DBT
CORP
US
N
2
N/A
Fixed
5.10000000
N
N
N
N
N
N
AES ANDES SA
549300IF4IFG0FS0RM26
AES Andes SA
00105DAG0
4775000.00000000
PA
USD
4584047.75000000
0.501343643840
Long
DBT
CORP
CL
Y
2
2079-10-07
Fixed
6.35000000
N
N
N
N
N
N
SEMPRA ENERGY
PBBKGKLRK5S5C0Y4T545
Sempra Energy
816851BM0
3005000.00000000
PA
USD
2640799.11000000
0.288816330165
Long
DBT
CORP
US
N
2
2052-04-01
Fixed
4.12500000
N
N
N
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
949746RG8
6490000.00000000
PA
USD
6352087.50000000
0.694708883266
Long
DBT
CORP
US
N
2
N/A
Fixed
5.90000000
N
N
N
N
N
N
NISOURCE INC
549300D8GOWWH0SJB189
NiSource Inc
65473PAG0
1320000.00000000
PA
USD
1273800.00000000
0.139311710599
Long
DBT
CORP
US
N
2
N/A
Fixed
5.65000000
N
N
N
N
N
N
NuStar Energy LP
5493003BMLTUIEG2LG44
NuStar Energy LP
67058H300
234345.00000000
NS
USD
5029043.70000000
0.550011524987
Long
EP
CORP
US
N
1
N
N
N
CHS Inc
XEIEFTLYDQ1MZ6TZV015
CHS Inc
12542R308
229411.00000000
NS
USD
6297331.95000000
0.688720431912
Long
EP
CORP
US
N
1
N
N
N
Synovus Financial Corp
549300EIUS8UN5JTLE54
Synovus Financial Corp
87161C709
91115.00000000
NS
USD
2329810.55000000
0.254804437976
Long
EP
CORP
US
N
1
N
N
N
JPMORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co
46625HJQ4
28555000.00000000
PA
USD
29057139.68000000
3.177892788476
Long
DBT
CORP
US
N
2
N/A
Fixed
6.75000000
N
N
N
N
N
N
NuStar Logistics LP
N62BF2PKP51FIIOIUN20
NuStar Logistics LP
67059T204
155995.00000000
NS
USD
3945113.55000000
0.431465314147
Long
EP
CORP
US
N
1
N
N
N
PROVIDENT FINANCING TR I
N/A
Provident Financing Trust I
743863AA0
7281000.00000000
PA
USD
8309441.25000000
0.908778830795
Long
DBT
CORP
US
N
2
2038-03-15
Fixed
7.40500000
N
N
N
N
N
N
DEUTSCHE BANK AG
7LTWFZYICNSX8D621K86
Deutsche Bank AG
251525AX9
18020000.00000000
PA
USD
16758600.00000000
1.832838148264
Long
DBT
CORP
DE
N
2
N/A
Fixed
6.00000000
N
N
N
N
Y
Deutsche Bank AG
Deutsche Bank AG 6 04/30/2171
USD
XXXX
N
N
N
CMS ENERGY CORP
549300IA9XFBAGNIBW29
CMS Energy Corp
125896BU3
610000.00000000
PA
USD
585600.00000000
0.064045327152
Long
DBT
CORP
US
N
2
2050-06-01
Fixed
4.75000000
N
N
N
N
N
N
Reinsurance Group of America Inc
LORM1GNEU1DKEW527V90
Reinsurance Group of America Inc
759351703
113445.00000000
NS
USD
2883771.90000000
0.315389540248
Long
EP
CORP
US
N
1
N
N
N
CENTERPOINT ENERGY INC
21TPXMRRHFKOBHDC8J74
CenterPoint Energy Inc
15189TAS6
6420000.00000000
PA
USD
6177452.40000000
0.675609562720
Long
DBT
CORP
US
N
2
N/A
Fixed
6.12500000
N
N
N
N
N
N
ZIONS BANCORP NA
8WH0EE09O9V05QJZ3V89
Zions Bancorp NA
989701BD8
1105000.00000000
PA
USD
1088368.74000000
0.119031646202
Long
DBT
CORP
US
N
2
N/A
Fixed
5.80000000
N
N
N
N
N
N
CHS Inc
XEIEFTLYDQ1MZ6TZV015
CHS Inc
12542R704
347880.00000000
NS
USD
9211862.40000000
1.007473943126
Long
EP
CORP
US
N
1
N
N
N
KeyCorp
RKPI3RZGV1V1FJTH5T61
KeyCorp
493267702
138275.00000000
NS
USD
3693325.25000000
0.403927978002
Long
EP
CORP
US
N
1
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS Group AG
UV4180070
15780000.00000000
PA
USD
15977250.00000000
1.747384226866
Long
DBT
CORP
CH
N
2
N/A
Fixed
6.87500000
N
N
N
N
Y
UBS Group AG
UBS Group AG 6.875 08/07/2170
USD
XXXX
N
N
N
Dairy Farmers of America Inc
1LTUIZEFFT7MUIERI838
Dairy Farmers of America Inc
23385H406
23900.00000000
NS
USD
2407925.00000000
0.263347582623
Long
EP
CORP
US
Y
2
N
N
N
Equitable Holdings Inc
549300FIBAKMNHPZ4009
Equitable Holdings Inc
29452E200
114400.00000000
NS
USD
2489344.00000000
0.272252136058
Long
EP
CORP
US
N
1
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38144GAE1
925000.00000000
PA
USD
813985.35000000
0.089023152387
Long
DBT
CORP
US
N
2
N/A
Fixed
3.80000000
N
N
N
N
N
N
ENSTAR FINANCE LLC
N/A
Enstar Finance LLC
29360AAB6
5720000.00000000
PA
USD
5319600.17000000
0.581788820372
Long
DBT
CORP
US
N
2
2042-01-15
Fixed
5.50000000
N
N
N
N
N
N
BANCO BILBAO VIZCAYA ARG
K8MS7FD7N5Z2WQ51AZ71
Banco Bilbao Vizcaya Argentaria SA
05946KAF8
3805000.00000000
PA
USD
3533893.75000000
0.386491429887
Long
DBT
CORP
ES
N
2
N/A
Fixed
6.12500000
N
N
N
N
Y
Banco Bilbao Vizcaya Argentaria SA
Banco Bilbao Vizcaya Arge 6.125 02/16/2171
USD
XXXX
N
N
N
FIRST CITIZENS BANCSHARE
549300N3Z00ZHE2XC526
First Citizens BancShares Inc/NC
31959XAA1
14985000.00000000
PA
USD
14988746.25000000
1.639274517063
Long
DBT
CORP
US
N
2
N/A
Fixed
5.80000000
N
N
N
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
Barclays PLC
06738EBG9
14810000.00000000
PA
USD
15263556.25000000
1.669329667942
Long
DBT
CORP
GB
N
2
N/A
Fixed
8.00000000
N
N
N
N
Y
Barclays PLC
Barclays PLC 8 09/15/2170
USD
XXXX
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
949746TB7
1385000.00000000
PA
USD
1687662.89000000
0.184574661738
Long
DBT
CORP
US
N
2
2029-11-15
Fixed
7.95000000
N
N
N
N
N
N
JPMORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co
48128BAN1
4280000.00000000
PA
USD
3841300.00000000
0.420111535505
Long
DBT
CORP
US
N
2
N/A
Fixed
3.65000000
N
N
N
N
N
N
FARM CREDIT BK OF TEXAS
V1EBJIOLRNYDHDF63Z33
Farm Credit Bank of Texas
30767EAD1
2420000.00000000
PA
USD
2516800.00000000
0.275254916971
Long
DBT
USGSE
US
Y
2
N/A
Fixed
5.70000000
N
N
N
N
N
N
QBE INSURANCE GROUP LTD
549300D2FBW76FPUSG65
QBE Insurance Group Ltd
74737EAA2
9055000.00000000
PA
USD
9406128.99000000
1.028720301240
Long
DBT
CORP
AU
Y
2
2043-11-24
Fixed
7.50000000
N
N
N
N
N
N
FIFTH THIRD BANCORP
THRNG6BD57P9QWTQLG42
Fifth Third Bancorp
316773DB3
1900000.00000000
PA
USD
1842842.40000000
0.201546182375
Long
DBT
CORP
US
N
2
N/A
Fixed
4.50000000
N
N
N
N
N
N
BNP Paribas SA
R0MUWSFPU8MPRO8K5P83
BNP Paribas SA
913ZLW006
-102100000.00000000
PA
USD
-102100000.00000000
-11.1663727839
Short
RA
CORP
FR
N
N/A
Reverse repurchase
N
1.15200000
2022-08-09
100225000.00000000
USD
103343935.14000000
USD
CDS
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup Inc
172967MG3
6290000.00000000
PA
USD
5951912.50000000
0.650942935873
Long
DBT
CORP
US
N
2
N/A
Fixed
5.00000000
N
N
N
N
N
N
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
BNP Paribas SA
05565AGF4
1000000.00000000
PA
USD
1030000.00000000
0.112648031023
Long
DBT
CORP
FR
Y
2
N/A
Fixed
7.00000000
N
N
N
N
Y
BNP Paribas SA
BNP Paribas SA 7 02/16/2171
USD
XXXX
N
N
N
American Equity Investment Life Holding Co
549300RK5RZQ740FPL83
American Equity Investment Life Holding Co
025676602
162256.00000000
NS
USD
4200807.84000000
0.459429836781
Long
EP
CORP
US
N
1
N
N
N
BANCO BILBAO VIZCAYA ARG
K8MS7FD7N5Z2WQ51AZ71
Banco Bilbao Vizcaya Argentaria SA
05946KAG6
5975000.00000000
PA
USD
5788281.25000000
0.633047073615
Long
DBT
CORP
ES
N
2
N/A
Fixed
6.50000000
N
N
N
N
Y
Banco Bilbao Vizcaya Argentaria SA
Banco Bilbao Vizcaya Arge 6.5 12/05/2170
USD
XXXX
N
N
N
ING GROEP NV
549300NYKK9MWM7GGW15
ING Groep NV, Reg S
AX2850722
12425000.00000000
PA
USD
12487125.00000000
1.365679654753
Long
DBT
CORP
NL
N
2
N/A
Fixed
6.75000000
N
N
N
N
Y
ING Groep NV
ING Groep NV 6.75 04/16/2171
USD
XXXX
N
N
N
CHARLES SCHWAB CORP
549300VSGCJ7E698NM85
Charles Schwab Corp/The
808513AE5
4325000.00000000
PA
USD
4303375.00000000
0.470647301462
Long
DBT
CORP
US
N
2
N/A
Variable
6.10600000
N
N
N
N
N
N
PRUDENTIAL FINANCIAL INC
5PRBRS5FEH7NREC8OR45
Prudential Financial Inc
744320BH4
745000.00000000
PA
USD
652448.65000000
0.071356364821
Long
DBT
CORP
US
N
2
2050-10-01
Fixed
3.70000000
N
N
N
N
N
N
Morgan Stanley
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
61762V200
534260.00000000
NS
USD
13960213.80000000
1.526786987610
Long
EP
CORP
US
N
1
N
N
N
GENERAL MOTORS FINL CO
5493008B6JBRUJ90QL97
General Motors Financial Co Inc
37045XDB9
7485000.00000000
PA
USD
7307231.25000000
0.799170109268
Long
DBT
CORP
US
N
2
N/A
Fixed
5.70000000
N
N
N
N
N
N
Western Alliance Bancorp
5493003VJXZ5JXT9S762
Western Alliance Bancorp
957638406
141500.00000000
NS
USD
3108755.00000000
0.339995271538
Long
EP
CORP
US
N
1
N
N
N
AEGON NV
O4QK7KMMK83ITNTHUG69
Aegon NV
007924AJ2
1615000.00000000
PA
USD
1653937.65000000
0.180886232726
Long
DBT
CORP
NL
N
2
2048-04-11
Fixed
5.50000000
N
N
N
N
N
N
CoBank ACB
P0J8I7M2E0A77CKF1705
CoBank ACB
19075Q805
127675.00000000
NS
USD
12831337.50000000
1.403325150266
Long
EP
CORP
US
N
2
N
N
N
METLIFE INC
C4BXATY60WC6XEOZDX54
MetLife Inc
59156RBT4
1430000.00000000
PA
USD
1414076.55000000
0.154653338906
Long
DBT
CORP
US
N
2
N/A
Fixed
5.87500000
N
N
N
N
N
N
STANDARD CHARTERED PLC
U4LOSYZ7YG4W3S5F2G91
Standard Chartered PLC
853254CD0
5300000.00000000
PA
USD
4385750.00000000
0.479656409768
Long
DBT
CORP
GB
Y
2
N/A
Fixed
4.30000000
N
N
N
N
Y
Standard Chartered PLC
STANDARD CHARTERED PLC 4.3 12/30/2049
USD
XXXX
N
N
N
SOCIETE GENERALE
O2RNE8IBXP4R0TD8PU41
Societe Generale SA
83368JFA3
1975000.00000000
PA
USD
2058542.50000000
0.225136659615
Long
DBT
CORP
FR
Y
2
N/A
Fixed
8.00000000
N
N
N
N
Y
Societe Generale SA
Societe Generale SA 8 03/29/2171
USD
XXXX
N
N
N
Athene Holding Ltd
549300H316CT32FQXI76
Athene Holding Ltd
EP0572651
411533.00000000
NS
USD
10473514.85000000
1.145457112378
Long
EP
CORP
BM
N
1
N
N
N
Delphi Financial Group Inc
5493001NGT0EEYMZG011
Delphi Financial Group Inc
247131303
63400.00000000
NS
USD
1299700.00000000
0.142144316428
Long
EP
CORP
US
N
2
N
N
N
AIR LEASE CORP
5493004NW4M4P8TMMK63
Air Lease Corp
00912XBJ2
4180000.00000000
PA
USD
3762000.00000000
0.411438730787
Long
DBT
CORP
US
N
2
N/A
Fixed
4.65000000
N
N
N
N
N
N
Goldman Sachs Group Inc/The
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38145G308
57993.00000000
NS
USD
1475341.92000000
0.161353749878
Long
EP
CORP
US
N
1
N
N
N
Enstar Group Ltd
213800AMAL5QFXVUCN04
Enstar Group Ltd
29359U109
373325.00000000
NS
USD
9594452.50000000
1.049316682402
Long
EP
CORP
BM
N
1
N
N
N
CITIZENS FINANCIAL GROUP
2138004JDDA4ZQUPFW65
Citizens Financial Group Inc
174610BD6
2015000.00000000
PA
USD
1788312.50000000
0.195582409689
Long
DBT
CORP
US
N
2
N/A
Fixed
4.00000000
N
N
N
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup Inc
172967KM2
16055000.00000000
PA
USD
16044885.35000000
1.754781303570
Long
DBT
CORP
US
N
2
N/A
Fixed
6.25000000
N
N
N
N
N
N
CREDIT SUISSE GROUP AG
549300506SI9CRFV9Z86
Credit Suisse Group AG
225401AR9
5100000.00000000
PA
USD
4481625.00000000
0.490141972850
Long
DBT
CORP
CH
Y
2
N/A
Fixed
5.25000000
N
N
N
N
Y
Credit Suisse Group AG
Credit Suisse Group AG 5.25 02/11/2171
USD
XXXX
N
N
N
LAND O'LAKES INC
4ONCJWH5BBCYSJIJYX61
Land O' Lakes Inc
514666AM8
3860000.00000000
PA
USD
4024050.00000000
0.440098358486
Long
DBT
CORP
US
Y
2
N/A
Fixed
7.25000000
N
N
N
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38141GYU2
1555000.00000000
PA
USD
1394556.67000000
0.152518507792
Long
DBT
CORP
US
N
2
N/A
Fixed
4.12500000
N
N
N
N
N
N
BANK OF AMERICA CORP
9DJT3UXIJIZJI4WXO774
Bank of America Corp
060505EU4
5560000.00000000
PA
USD
5685100.00000000
0.621762447740
Long
DBT
CORP
US
N
2
N/A
Fixed
6.30000000
N
N
N
N
N
N
PNC FINANCIAL SERVICES
CFGNEKW0P8842LEUIA51
PNC Financial Services Group Inc/The
693475BD6
4245000.00000000
PA
USD
4234387.50000000
0.463102344141
Long
DBT
CORP
US
N
2
N/A
Fixed
6.00000000
N
N
N
N
N
N
TRANSCANADA TRUST
549300Y0MFCAXLBWUV51
Transcanada Trust
89356BAG3
3930000.00000000
PA
USD
3802275.00000000
0.415843487534
Long
DBT
CORP
CA
N
2
2082-03-07
Fixed
5.60000000
N
N
N
N
N
N
BANCO MERCANTIL DE NORTE
549300QTVYRPFHS0J362
Banco Mercantil del Norte SA/Grand Cayman
05971PAB4
4700000.00000000
PA
USD
4505185.00000000
0.492718659851
Long
DBT
CORP
MX
Y
2
N/A
Fixed
7.50000000
N
N
N
N
Y
Banco Mercantil del Norte SA/Grand Cayman
Banco Mercantil del Norte 7.5 09/27/2170
USD
XXXX
N
N
N
NATWEST GROUP PLC
2138005O9XJIJN4JPN90
NatWest Group PLC
780099CK1
7440000.00000000
PA
USD
7830600.00000000
0.856409390032
Long
DBT
CORP
GB
N
2
N/A
Fixed
8.00000000
N
N
N
N
Y
NatWest Group PLC
NatWest Group PLC 8 09/30/2170
USD
XXXX
N
N
N
AXIS SPECIALTY FINANCE
N/A
AXIS Specialty Finance LLC
05463HAC5
2465000.00000000
PA
USD
2292450.00000000
0.250718425941
Long
DBT
CORP
US
N
2
2040-01-15
Fixed
4.90000000
N
N
N
N
N
N
DAIRY FARMERS OF AMERICA
1LTUIZEFFT7MUIERI838
Dairy Farmers of America Inc
23385HAA7
2145000.00000000
PA
USD
2102100.45000000
0.229900462821
Long
DBT
CORP
US
Y
2
N/A
Fixed
7.12500000
N
N
N
N
N
N
AMERICAN ELECTRIC POWER
1B4S6S7G0TW5EE83BO58
American Electric Power Co Inc
025537AU5
2070000.00000000
PA
USD
1854807.58000000
0.202854778460
Long
DBT
CORP
US
N
2
2062-02-15
Fixed
3.87500000
N
N
N
N
N
N
VODAFONE GROUP PLC
213800TB53ELEUKM7Q61
Vodafone Group PLC
92857WBW9
2315000.00000000
PA
USD
2000322.05000000
0.218769262471
Long
DBT
CORP
GB
N
2
2081-06-04
Fixed
4.12500000
N
N
N
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS Group AG
902613AJ7
2940000.00000000
PA
USD
2690100.00000000
0.294208221608
Long
DBT
CORP
CH
Y
2
N/A
Fixed
4.87500000
N
N
N
N
Y
UBS Group AG
UBS GROUP AG 4.875 12/30/2049
USD
XXXX
N
N
N
PNC FINANCIAL SERVICES
CFGNEKW0P8842LEUIA51
PNC Financial Services Group Inc/The
693475BC8
2835000.00000000
PA
USD
2438100.00000000
0.266647732464
Long
DBT
CORP
US
N
2
N/A
Fixed
3.40000000
N
N
N
N
N
N
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
BNP Paribas SA
05565AAN3
13810000.00000000
PA
USD
14374967.10000000
1.572147320237
Long
DBT
CORP
FR
Y
2
N/A
Fixed
7.37500000
N
N
N
N
Y
BNP Paribas SA
BNP Paribas SA 7.375 02/19/2171
USD
XXXX
N
N
N
Summit Hotel Properties Inc
254900OBQWJK6X20LS71
Summit Hotel Properties Inc
866082704
65600.00000000
NS
USD
1451072.00000000
0.158699421042
Long
EP
CORP
US
N
1
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38148BAE8
9704000.00000000
PA
USD
9711666.16000000
1.062135991148
Long
DBT
CORP
US
N
2
N/A
Fixed
5.50000000
N
N
N
N
N
N
CREDIT AGRICOLE SA
969500TJ5KRTCJQWXH05
Credit Agricole SA
225313AJ4
7445000.00000000
PA
USD
8003375.00000000
0.875305276984
Long
DBT
CORP
FR
Y
2
N/A
Fixed
8.12500000
N
N
N
N
Y
Credit Agricole SA
Credit Agricole SA 8.125 03/23/2171
USD
XXXX
N
N
N
CAPITAL FARM CREDIT ACA
254900S6K5I3OISPS518
Capital Farm Credit ACA
14019TAA4
2590000.00000000
PA
USD
2343950.00000000
0.256350827493
Long
DBT
CORP
US
Y
2
N/A
Fixed
5.00000000
N
N
N
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38148BAC2
7411000.00000000
PA
USD
7313693.57000000
0.799876873952
Long
DBT
CORP
US
N
2
N/A
Fixed
5.30000000
N
N
N
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38144GAC5
910000.00000000
PA
USD
850850.00000000
0.093054929316
Long
DBT
CORP
US
N
2
N/A
Fixed
4.40000000
N
N
N
N
N
N
Morgan Stanley
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
61762V606
203611.00000000
NS
USD
5137105.53000000
0.561829925354
Long
EP
CORP
US
N
1
N
N
N
Argo Group US Inc
N/A
Argo Group US Inc
040130205
282748.00000000
NS
USD
6964083.24000000
0.761641033855
Long
EP
CORP
US
N
1
N
N
N
NATIONWIDE FINANCIAL SER
5493001H7AZNDS6BKJ36
Nationwide Financial Services Inc
638612AJ0
9550000.00000000
PA
USD
10254312.50000000
1.121483604491
Long
DBT
CORP
US
N
2
2037-05-15
Fixed
6.75000000
N
N
N
N
N
N
New York Community Bancorp Inc
529900HVXOTLY61GL030
New York Community Bancorp Inc
649445202
337570.00000000
NS
USD
8682300.40000000
0.949557325063
Long
EP
CORP
US
N
1
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup Inc
172967JM4
9981000.00000000
PA
USD
9756427.50000000
1.067031405533
Long
DBT
CORP
US
N
2
N/A
Fixed
5.95000000
N
N
N
N
N
N
EDISON INTERNATIONAL
549300I7ROF15MAEVP56
Edison International
281020AS6
995000.00000000
PA
USD
917718.35000000
0.100368121516
Long
DBT
CORP
US
N
2
N/A
Fixed
5.37500000
N
N
N
N
N
N
PNC FINANCIAL SERVICES
CFGNEKW0P8842LEUIA51
PNC Financial Services Group Inc/The
693475AK1
21977000.00000000
PA
USD
21786542.26000000
2.382729212041
Long
DBT
CORP
US
N
2
N/A
Variable
3.80375000
N
N
N
N
N
N
ENERGY TRANSFER LP
MTLVN9N7JE8MIBIJ1H73
Energy Transfer LP
29273VAN0
3320000.00000000
PA
USD
3154365.20000000
0.344983523213
Long
DBT
CORP
US
N
2
N/A
Fixed
6.50000000
N
N
N
N
N
N
SBL HOLDINGS INC
N/A
SBL Holdings Inc
78397DAA6
10685000.00000000
PA
USD
9589787.50000000
1.048806485252
Long
DBT
CORP
US
Y
2
N/A
Fixed
7.00000000
N
N
N
N
N
N
ILFC E-CAPITAL TRUST I
N/A
ILFC E-Capital Trust I
44965TAA5
1960000.00000000
PA
USD
1528800.00000000
0.167200300804
Long
DBT
CORP
US
Y
2
2065-12-21
Fixed
4.05000000
N
N
N
N
N
N
PARAMOUNT GLOBAL
5KYC8KF17ROCY24M3H09
Paramount Global
92556HAE7
3110000.00000000
PA
USD
3014103.15000000
0.329643480727
Long
DBT
CORP
US
N
2
2062-03-30
Fixed
6.37500000
N
N
N
N
N
N
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
BNP Paribas SA
05565AHN6
13145000.00000000
PA
USD
13241464.06000000
1.448179470125
Long
DBT
CORP
FR
Y
2
N/A
Fixed
6.62500000
N
N
N
N
Y
BNP Paribas SA
BNP Paribas SA 6.625 09/25/2170
USD
XXXX
N
N
N
DISCOVER FINANCIAL SVS
Z1YLO2USPORE63VVUL20
Discover Financial Services
254709AQ1
6175000.00000000
PA
USD
6283062.50000000
0.687159824683
Long
DBT
CORP
US
N
2
N/A
Fixed
6.12500000
N
N
N
N
N
N
Regions Financial Corp
CW05CS5KW59QTC0DG824
Regions Financial Corp
7591EP506
219461.00000000
NS
USD
5640147.70000000
0.616846148628
Long
EP
CORP
US
N
1
N
N
N
Capital One Financial Corp
ZUE8T73ROZOF6FLBAR73
Capital One Financial Corp
14040H824
84573.00000000
NS
USD
1757426.94000000
0.192204548018
Long
EP
CORP
US
N
1
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
949746TD3
11747000.00000000
PA
USD
10718550.15000000
1.172255893034
Long
DBT
CORP
US
N
2
N/A
Fixed
3.90000000
N
N
N
N
N
N
JPMORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co
48126HAC4
2660000.00000000
PA
USD
2665586.00000000
0.291527198470
Long
DBT
CORP
US
N
2
N/A
Fixed
6.10000000
N
N
N
N
N
N
DANSKE BANK A/S
MAES062Z21O4RZ2U7M96
Danske Bank A/S
AM9264657
1815000.00000000
PA
USD
1792312.50000000
0.196019877770
Long
DBT
CORP
DK
N
2
N/A
Fixed
6.12500000
N
N
N
N
Y
Danske Bank A/S
Danske Bank A/S 6.125 09/28/2170
USD
XXXX
N
N
N
SVB FINANCIAL GROUP
549300D2KJ20JMXE7542
SVB Financial Group
78486QAJ0
3690000.00000000
PA
USD
3209193.04000000
0.350979880709
Long
DBT
CORP
US
N
2
N/A
Fixed
4.00000000
N
N
N
N
N
N
AUST & NZ BANKING GRP/UK
JHE42UYNWWTJB8YTTU19
Australia & New Zealand Banking Group Ltd/United Kingdom
05254HAA2
2025000.00000000
PA
USD
2121187.50000000
0.231987956608
Long
DBT
CORP
AU
Y
2
N/A
Fixed
6.75000000
N
N
N
N
Y
Australia & New Zealand Banking Group Ltd/United Kingdom
Australia & New Zealand B 6.75 12/15/2170
USD
XXXX
N
N
N
METLIFE INC
C4BXATY60WC6XEOZDX54
MetLife Inc
59156RBS6
8088000.00000000
PA
USD
9993714.05000000
1.092982728491
Long
DBT
CORP
US
Y
2
2038-04-08
Fixed
9.25000000
N
N
N
N
N
N
ALLY FINANCIAL INC
549300JBN1OSM8YNAI90
Ally Financial Inc
02005NBM1
10109000.00000000
PA
USD
8729121.50000000
0.954678009263
Long
DBT
CORP
US
N
2
N/A
Fixed
4.70000000
N
N
N
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
949746RN3
13950000.00000000
PA
USD
14054625.00000000
1.537112459248
Long
DBT
CORP
US
N
2
N/A
Fixed
5.87500000
N
N
N
N
N
N
Selective Insurance Group Inc
549300R3WGJWLE40R258
Selective Insurance Group Inc
816300503
46100.00000000
NS
USD
890652.00000000
0.097407955463
Long
EP
CORP
US
N
1
N
N
N
M&T BANK CORPORATION
549300WYXDDBYRASEG81
M&T Bank Corp
55261FAH7
1880000.00000000
PA
USD
1847100.00000000
0.202011823401
Long
DBT
CORP
US
N
2
N/A
Fixed
5.12500000
N
N
N
N
N
N
Farm Credit Bank of Texas
V1EBJIOLRNYDHDF63Z33
Farm Credit Bank of Texas
30767E406
165500.00000000
NS
USD
17087875.00000000
1.868849973910
Long
EP
USGSE
US
Y
2
N
N
N
Synchrony Financial
549300RS7EWPM9MA6C78
Synchrony Financial
87165B202
132414.00000000
NS
USD
2738321.52000000
0.299482065570
Long
EP
CORP
US
N
1
N
N
N
M&T BANK CORPORATION
549300WYXDDBYRASEG81
M&T Bank Corp
55261FAG9
6970000.00000000
PA
USD
7004850.00000000
0.766099572928
Long
DBT
CORP
US
N
2
N/A
Fixed
6.45000000
N
N
N
N
N
N
BANK OF NY MELLON CORP
WFLLPEPC7FZXENRZV188
Bank of New York Mellon Corp/The
064058AH3
2040000.00000000
PA
USD
2034900.00000000
0.222550949834
Long
DBT
CORP
US
N
2
N/A
Fixed
4.70000000
N
N
N
N
N
N
QBE INSURANCE GROUP LTD
549300D2FBW76FPUSG65
QBE Insurance Group Ltd
74728GAE0
2960000.00000000
PA
USD
2974800.00000000
0.325345012319
Long
DBT
CORP
AU
Y
2
N/A
Fixed
5.87500000
N
N
N
N
N
N
ASSURANT INC
H3F39CAXWQRVWURFXL38
Assurant Inc
04621XAK4
10404000.00000000
PA
USD
10741713.84000000
1.174789236791
Long
DBT
CORP
US
N
2
2048-03-27
Fixed
7.00000000
N
N
N
N
N
N
NEXTERA ENERGY CAPITAL
UMI46YPGBLUE4VGNNT48
NextEra Energy Capital Holdings Inc
65339KBK5
7475000.00000000
PA
USD
7348523.22000000
0.803686088994
Long
DBT
CORP
US
N
2
2079-05-01
Fixed
5.65000000
N
N
N
N
N
N
STATE STREET BANK AND TRUST COMPANY
549300H47WTHXPU08X20
Fixed Income Clearing Corp
85748R009
28817956.63000000
PA
USD
28817956.63000000
3.151734050965
Long
RA
CORP
US
N
2
Repurchase
N
0.00000000
2022-05-02
34194800.00000000
USD
29394372.92000000
USD
UST
N
N
N
DANSKE BANK A/S
MAES062Z21O4RZ2U7M96
Danske Bank A/S
AT2149405
1600000.00000000
PA
USD
1589619.20000000
0.173851915492
Long
DBT
CORP
DK
N
2
N/A
Fixed
7.00000000
N
N
N
N
Y
Danske Bank A/S
Danske Bank A/S 7 12/26/2170
USD
XXXX
N
N
N
LLOYDS BANKING GROUP PLC
549300PPXHEU2JF0AM85
Lloyds Banking Group PLC
539439AG4
11190000.00000000
PA
USD
11413800.00000000
1.248293297570
Long
DBT
CORP
GB
N
2
N/A
Fixed
7.50000000
N
N
N
N
Y
Lloyds Banking Group PLC
Lloyds Banking Group PLC 7.5 06/27/2170
USD
XXXX
N
N
N
HUNTINGTON BANCSHARES
549300XTVCVV9I7B5T19
Huntington Bancshares Inc/OH
446150AL8
3025000.00000000
PA
USD
2850155.00000000
0.311712960060
Long
DBT
CORP
US
N
2
N/A
Fixed
5.70000000
N
N
N
N
N
N
Reinsurance Group of America Inc
LORM1GNEU1DKEW527V90
Reinsurance Group of America Inc
759351802
157800.00000000
NS
USD
4080708.00000000
0.446294875128
Long
EP
CORP
US
N
1
N
N
N
AERCAP HOLDINGS NV
549300SZYINBBLJQU475
AerCap Holdings NV
00774YAA7
3205000.00000000
PA
USD
3004687.50000000
0.328613719142
Long
DBT
CORP
NL
N
2
2079-10-10
Fixed
5.87500000
N
Y
N
N
N
N
LAND O'LAKES INC
4ONCJWH5BBCYSJIJYX61
Land O' Lakes Inc
514666AN6
7435000.00000000
PA
USD
7550242.50000000
0.825747525607
Long
DBT
CORP
US
Y
2
N/A
Fixed
7.00000000
N
N
N
N
N
N
ENBRIDGE INC
98TPTUM4IVMFCZBCUR27
Enbridge Inc
29250NAS4
2578000.00000000
PA
USD
2469495.87000000
0.270081405219
Long
DBT
CORP
CA
N
2
2077-07-15
Fixed
5.50000000
N
N
N
N
N
N
Morgan Stanley
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
61761J406
100352.00000000
NS
USD
2612162.56000000
0.285684436017
Long
EP
CORP
US
N
1
N
N
N
NuStar Energy LP
5493003BMLTUIEG2LG44
NuStar Energy LP
67058H201
212148.00000000
NS
USD
5091552.00000000
0.556847871509
Long
EP
CORP
US
N
1
N
N
N
ZIONS BANCORP NA
8WH0EE09O9V05QJZ3V89
Zions Bancorp NA
989701BF3
9666000.00000000
PA
USD
9946314.00000000
1.087798726255
Long
DBT
CORP
US
N
2
N/A
Fixed
7.20000000
N
N
N
N
N
N
SBL HOLDINGS INC
N/A
SBL Holdings Inc
78397DAC2
9700000.00000000
PA
USD
8511750.00000000
0.930904735985
Long
DBT
CORP
US
Y
2
N/A
Fixed
6.50000000
N
N
N
N
N
N
GENERAL MOTORS FINL CO
5493008B6JBRUJ90QL97
General Motors Financial Co Inc
37045XCA2
9140000.00000000
PA
USD
8408891.40000000
0.919655397380
Long
DBT
CORP
US
N
2
N/A
Fixed
5.75000000
N
N
N
N
N
N
Algonquin Power & Utilities Corp
549300K5VIUTJXQL7X75
Algonquin Power & Utilities Corp
015857808
38368.00000000
NS
USD
982220.80000000
0.107422562282
Long
EP
CORP
CA
N
1
N
N
N
BANK OF AMERICA CORP
9DJT3UXIJIZJI4WXO774
Bank of America Corp
060505EL4
21125000.00000000
PA
USD
21534402.50000000
2.355153437762
Long
DBT
CORP
US
N
2
N/A
Fixed
6.50000000
N
N
N
N
N
N
MPLX LP
5493000CZJ19CK4P3G36
MPLX LP
55336VAU4
1735000.00000000
PA
USD
1698565.00000000
0.185766993024
Long
DBT
CORP
US
N
2
N/A
Fixed
6.87500000
N
N
N
N
N
N
Morgan Stanley
7PDDXEMZ0ZV0CEDU4D16
Morgan Stanley
MIEL0YVB2
1.00000000
NC
USD
326916.96000000
0.035753933837
N/A
DIR
CORP
US
N
2
Morgan Stanley
7PDDXEMZ0ZV0CEDU4D16
Morgan Stanley
Morgan Stanley
Y
2028-07-01
0.00000000
USD
0.00000000
USD
48000000.00000000
USD
403263.36000000
N
N
N
Truist Financial Corp
549300DRQQI75D2JP341
Truist Financial Corp
89832Q695
66100.00000000
NS
USD
1342491.00000000
0.146824240598
Long
EP
CORP
US
N
1
N
N
N
Athene Holding Ltd
549300H316CT32FQXI76
Athene Holding Ltd
04686J309
236052.00000000
NS
USD
6227051.76000000
0.681034096938
Long
EP
CORP
BM
N
1
N
N
N
ENBRIDGE INC
98TPTUM4IVMFCZBCUR27
Enbridge Inc
29250NBC8
5765000.00000000
PA
USD
5721762.50000000
0.625772116126
Long
DBT
CORP
CA
N
2
2080-07-15
Fixed
5.75000000
N
N
N
N
N
N
Qwest Corp
549300R2L4N683OO1509
Qwest Corp
74913G873
175862.00000000
NS
USD
3946343.28000000
0.431599806053
Long
EP
CORP
US
N
1
N
N
N
Stifel Financial Corp
549300E5F07FE5GHJX84
Stifel Financial Corp
860630870
104307.00000000
NS
USD
2622277.98000000
0.286790729362
Long
EP
CORP
US
N
1
N
N
N
LIBERTY MUTUAL GROUP INC
QUR0DG15Z6FFGYCHH861
Liberty Mutual Group Inc
53079EAN4
7117000.00000000
PA
USD
9091967.50000000
0.994361395151
Long
DBT
CORP
US
Y
2
2037-03-15
Fixed
7.80000000
N
N
N
N
N
N
LLOYDS BANKING GROUP PLC
549300PPXHEU2JF0AM85
Lloyds Banking Group PLC
539439AU3
14395000.00000000
PA
USD
14792302.00000000
1.617789994764
Long
DBT
CORP
GB
N
2
N/A
Fixed
7.50000000
N
N
N
N
Y
Lloyds Banking Group PLC
Lloyds Banking Group PLC 7.5 12/27/2170
USD
XXXX
N
N
N
ALLY FINANCIAL INC
549300JBN1OSM8YNAI90
Ally Financial Inc
02005NBN9
6365000.00000000
PA
USD
5479055.65000000
0.599227991108
Long
DBT
CORP
US
N
2
N/A
Fixed
4.70000000
N
N
N
N
N
N
COMPEER FINANCIAL ACA
54930020HTACTODKHT04
Compeer Financial ACA
20453QAA0
1100000.00000000
PA
USD
973500.04000000
0.106468798745
Long
DBT
CORP
US
Y
2
N/A
Fixed
4.87500000
N
N
N
N
N
N
HUNTINGTON BANCSHARES
549300XTVCVV9I7B5T19
Huntington Bancshares Inc/OH
446150AT1
5525000.00000000
PA
USD
5508259.25000000
0.602421901825
Long
DBT
CORP
US
N
2
N/A
Fixed
5.62500000
N
N
N
N
N
N
PRUDENTIAL FINANCIAL INC
5PRBRS5FEH7NREC8OR45
Prudential Financial Inc
744320BJ0
1190000.00000000
PA
USD
1157275.00000000
0.126567718546
Long
DBT
CORP
US
N
2
2052-03-01
Fixed
5.12500000
N
N
N
N
N
N
BANK OF AMERICA CORP
9DJT3UXIJIZJI4WXO774
Bank of America Corp
060505EH3
3540000.00000000
PA
USD
3583542.00000000
0.391921311058
Long
DBT
CORP
US
N
2
N/A
Fixed
6.25000000
N
N
N
N
N
N
NATWEST GROUP PLC
2138005O9XJIJN4JPN90
NatWest Group PLC
780097BQ3
9649000.00000000
PA
USD
9509571.95000000
1.040033549558
Long
DBT
CORP
GB
N
2
N/A
Fixed
6.00000000
N
N
N
N
Y
NatWest Group PLC
NatWest Group PLC 6 09/30/2170
USD
XXXX
N
N
N
CREDIT AGRICOLE SA
969500TJ5KRTCJQWXH05
Credit Agricole SA
225313AD7
7754000.00000000
PA
USD
7947850.00000000
0.869232673175
Long
DBT
CORP
FR
Y
2
N/A
Fixed
7.87500000
N
N
N
N
Y
Credit Agricole SA
Credit Agricole SA 7.875 03/23/2171
USD
XXXX
N
N
N
NORDEA BANK ABP
529900ODI3047E2LIV03
Nordea Bank Abp
65559CAA9
3985000.00000000
PA
USD
4034812.50000000
0.441275421043
Long
DBT
CORP
FI
Y
2
N/A
Fixed
6.62500000
N
N
N
N
Y
Nordea Bank Abp
Nordea Bank Abp 6.625 09/26/2170
USD
XXXX
N
N
N
Assurant Inc
H3F39CAXWQRVWURFXL38
Assurant Inc
04621X306
82800.00000000
NS
USD
1810008.00000000
0.197955181880
Long
EP
CORP
US
N
1
N
N
N
VOYA FINANCIAL INC
549300T065Z4KJ686G75
Voya Financial Inc
929089AG5
13001000.00000000
PA
USD
12935995.00000000
1.414771229205
Long
DBT
CORP
US
N
2
N/A
Fixed
6.12500000
N
N
N
N
N
N
BANK OF AMERICA CORP
9DJT3UXIJIZJI4WXO774
Bank of America Corp
060505EN0
1415000.00000000
PA
USD
1429935.33000000
0.156387766422
Long
DBT
CORP
US
N
2
N/A
Fixed
6.10000000
N
N
N
N
N
N
NATIONWIDE FIN SVCS CAP
N/A
Nationwide Financial Services Capital Trust
638611AA1
575000.00000000
PA
USD
681375.00000000
0.074519953532
Long
DBT
CORP
US
N
2
2037-03-01
Fixed
7.89900000
N
N
N
N
N
N
Bank of America Corp
9DJT3UXIJIZJI4WXO774
Bank of America Corp
06055H400
63000.00000000
NS
USD
1157940.00000000
0.126640447615
Long
EP
CORP
US
N
1
N
N
N
FIDELIS INSUR HLD LTD
549300CDMGCAGJQ7DX03
Fidelis Insurance Holdings Ltd
31575FAB2
2575000.00000000
PA
USD
2589162.50000000
0.283168987985
Long
DBT
CORP
BM
Y
2
2041-04-01
Fixed
6.62500000
N
N
N
N
N
N
METLIFE INC
C4BXATY60WC6XEOZDX54
MetLife Inc
59156RCA4
1790000.00000000
PA
USD
1704617.00000000
0.186428882232
Long
DBT
CORP
US
N
2
N/A
Fixed
3.85000000
N
N
N
N
N
N
SOUTHERN CO
549300FC3G3YU2FBZD92
Southern Co/The
842587DF1
1905000.00000000
PA
USD
1810054.80000000
0.197960300257
Long
DBT
CORP
US
N
2
2051-01-15
Fixed
4.00000000
N
N
N
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS Group AG
90352JAF0
13430000.00000000
PA
USD
13648237.50000000
1.492667069240
Long
DBT
CORP
CH
Y
2
N/A
Fixed
7.00000000
N
N
N
N
Y
UBS Group AG
UBS Group AG 7 07/31/2170
USD
XXXX
N
N
N
QBE INSURANCE GROUP LTD
549300D2FBW76FPUSG65
QBE Insurance Group Ltd
EK6047337
1215000.00000000
PA
USD
1255629.60000000
0.137324468092
Long
DBT
CORP
AU
N
2
2044-12-02
Fixed
6.75000000
N
N
N
N
N
N
PARTNERRE FINANCE B LLC
549300O0FAGHK2F79881
PartnerRe Finance B LLC
70213BAC5
2485000.00000000
PA
USD
2323475.30000000
0.254111570560
Long
DBT
CORP
US
N
2
2050-10-01
Fixed
4.50000000
N
N
N
N
N
N
CREDIT SUISSE GROUP AG
549300506SI9CRFV9Z86
Credit Suisse Group AG
225401AJ7
8750000.00000000
PA
USD
8665125.00000000
0.947678902741
Long
DBT
CORP
CH
Y
2
N/A
Fixed
7.50000000
N
N
N
N
Y
Credit Suisse Group AG
Credit Suisse Group AG 7.5 01/17/2171
USD
XXXX
N
N
N
DOMINION ENERGY INC
ILUL7B6Z54MRYCF6H308
Dominion Energy Inc
25746UDM8
3400000.00000000
PA
USD
3105220.00000000
0.339608659121
Long
DBT
CORP
US
N
2
N/A
Fixed
4.35000000
N
N
N
N
N
N
TRUIST FINANCIAL CORP
549300DRQQI75D2JP341
Truist Financial Corp
89832QAD1
9735000.00000000
PA
USD
9274534.50000000
1.014328203966
Long
DBT
CORP
US
N
2
N/A
Fixed
4.80000000
N
N
N
N
N
N
UNICREDIT SPA
549300TRUWO2CD2G5692
UniCredit SpA, Reg S
EK1429340
3820000.00000000
PA
USD
3849452.20000000
0.421003117329
Long
DBT
CORP
IT
N
2
N/A
Fixed
8.00000000
N
N
N
N
Y
UniCredit SpA
UniCredit SpA 8 06/03/2170
USD
XXXX
N
N
N
BANK OF AMERICA CORP
9DJT3UXIJIZJI4WXO774
Bank of America Corp
060505GB4
3685000.00000000
PA
USD
3261225.00000000
0.356670461140
Long
DBT
CORP
US
N
2
N/A
Fixed
4.37500000
N
N
N
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS Group AG
BK6156289
2800000.00000000
PA
USD
2688000.00000000
0.293978550865
Long
DBT
CORP
CH
N
2
N/A
Fixed
5.12500000
N
N
N
N
Y
UBS Group AG
UBS Group AG 5.125 07/29/2170
USD
XXXX
N
N
N
Aspen Insurance Holdings Ltd
549300YX6HECG9XQCQ75
Aspen Insurance Holdings Ltd
EP0442657
354469.00000000
NS
USD
8680945.81000000
0.949409177591
Long
EP
CORP
BM
N
1
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
Barclays PLC
06738EBN4
6440000.00000000
PA
USD
6315192.80000000
0.690673819858
Long
DBT
CORP
GB
N
2
N/A
Fixed
6.12500000
N
N
N
N
Y
Barclays PLC
Barclays PLC 6.125 12/15/2170
USD
XXXX
N
N
N
HSBC HOLDINGS PLC
MLU0ZO3ML4LN2LL2TL39
HSBC Holdings PLC
404280AS8
7010000.00000000
PA
USD
6985465.00000000
0.763979493237
Long
DBT
CORP
GB
N
2
N/A
Fixed
6.37500000
N
N
N
N
Y
HSBC Holdings PLC
HSBC Holdings PLC 6.375 03/17/2171
USD
XXXX
N
N
N
ALGONQUIN PWR & UTILITY
549300K5VIUTJXQL7X75
Algonquin Power & Utilities Corp
015857AH8
2125000.00000000
PA
USD
1943248.75000000
0.212527325705
Long
DBT
CORP
CA
N
2
2082-01-18
Fixed
4.75000000
N
N
N
N
N
N
BANCO SANTANDER SA
5493006QMFDDMYWIAM13
Banco Santander SA
AX1003505
5600000.00000000
PA
USD
5638640.00000000
0.616681255971
Long
DBT
CORP
ES
N
2
N/A
Fixed
7.50000000
N
N
N
N
Y
Banco Santander SA
Banco Santander SA 7.5 05/08/2171
USD
XXXX
N
N
N
AMERICAN INTL GROUP
ODVCVCQG2BP6VHV36M30
American International Group Inc
026874DM6
1550000.00000000
PA
USD
1498912.00000000
0.163931539298
Long
DBT
CORP
US
N
2
2048-04-01
Fixed
5.75000000
N
N
N
N
N
N
HSBC CAPITAL FUNDING USD
213800HMY2DB765NHE46
HSBC Capital Funding Dollar 1 LP
40427LAB0
2314000.00000000
PA
USD
3378440.00000000
0.369489916438
Long
DBT
CORP
JE
Y
2
N/A
Fixed
10.17600000
N
N
N
N
N
N
BANCO MERCANTIL DE NORTE
549300QTVYRPFHS0J362
Banco Mercantil del Norte SA/Grand Cayman
05962GAJ8
3120000.00000000
PA
USD
3088800.00000000
0.337812852646
Long
DBT
CORP
MX
Y
2
N/A
Fixed
7.62500000
N
N
N
N
Y
Banco Mercantil del Norte SA/Grand Cayman
Banco Mercantil del Norte 7.625 10/06/2170
USD
XXXX
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
Barclays PLC
06738EBA2
14865000.00000000
PA
USD
14995068.75000000
1.639965990050
Long
DBT
CORP
GB
N
2
N/A
Fixed
7.75000000
N
N
N
N
Y
Barclays PLC
Barclays PLC 7.75 12/15/2170
USD
XXXX
N
N
N
ELECTRICITE DE FRANCE SA
549300X3UK4GG3FNMO06
Electricite de France SA
268317AF1
1565000.00000000
PA
USD
1549350.00000000
0.169447793074
Long
DBT
CORP
FR
Y
2
N/A
Fixed
5.25000000
N
N
N
N
N
N
Energy Transfer LP
MTLVN9N7JE8MIBIJ1H73
Energy Transfer LP
29273V605
60200.00000000
NS
USD
1456840.00000000
0.159330250016
Long
EP
CORP
US
N
1
N
N
N
CHARLES SCHWAB CORP
549300VSGCJ7E698NM85
Charles Schwab Corp/The
808513BK0
1825000.00000000
PA
USD
1654818.75000000
0.180982596008
Long
DBT
CORP
US
N
2
N/A
Fixed
4.00000000
N
N
N
N
N
N
FARM CREDIT BK OF TEXAS
V1EBJIOLRNYDHDF63Z33
Farm Credit Bank of Texas
30767EAC3
5835000.00000000
PA
USD
6126750.00000000
0.670064392304
Long
DBT
USGSE
US
Y
2
N/A
Fixed
6.20000000
N
N
N
N
N
N
INTESA SANPAOLO SPA
2W8N8UU78PMDQKZENC08
Intesa Sanpaolo SpA
46115HAU1
3805000.00000000
PA
USD
3833537.50000000
0.419262574010
Long
DBT
CORP
IT
Y
2
N/A
Fixed
7.70000000
N
N
N
N
Y
Intesa Sanpaolo SpA
Intesa Sanpaolo SpA 7.7 03/17/2171
USD
XXXX
N
N
N
Fifth Third Bancorp
THRNG6BD57P9QWTQLG42
Fifth Third Bancorp
316773605
221181.00000000
NS
USD
5726376.09000000
0.626276690717
Long
EP
CORP
US
N
1
N
N
N
HSBC HOLDINGS PLC
MLU0ZO3ML4LN2LL2TL39
HSBC Holdings PLC
404280BL2
21850000.00000000
PA
USD
20976000.00000000
2.294082620147
Long
DBT
CORP
GB
N
2
N/A
Fixed
6.00000000
N
N
N
N
Y
HSBC Holdings PLC
HSBC Holdings PLC 6 11/22/2170
USD
XXXX
N
N
N
AMERICAN EXPRESS CO
R4PP93JZOLY261QX3811
American Express Co
025816CH0
3060000.00000000
PA
USD
2635731.00000000
0.288262046075
Long
DBT
CORP
US
N
2
N/A
Fixed
3.55000000
N
N
N
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS Group AG
EK7554620
17095000.00000000
PA
USD
17415873.15000000
1.904722154276
Long
DBT
CORP
CH
N
2
N/A
Fixed
7.00000000
N
N
N
N
Y
UBS Group AG
UBS Group AG 7 02/19/2171
USD
XXXX
N
N
N
AMER AGCREDIT ACA
N/A
American AgCredit Corp
02369GAA3
9325000.00000000
PA
USD
8485750.19000000
0.928061214234
Long
DBT
CORP
US
Y
2
N/A
Fixed
5.25000000
N
N
N
N
N
N
VISTRA CORP
549300KP43CPCUJOOG15
Vistra Corp
92840MAB8
8525000.00000000
PA
USD
8578281.25000000
0.938181060562
Long
DBT
CORP
US
Y
2
N/A
Fixed
8.00000000
N
N
N
N
N
N
MACQUARIE BANK LONDON
549300MPRNPO6FWNKN78
Macquarie Bank Ltd/London
556079AB7
3350000.00000000
PA
USD
3226050.00000000
0.352823476197
Long
DBT
CORP
AU
Y
2
N/A
Fixed
6.12500000
N
N
N
N
Y
Macquarie Bank Ltd/London
Macquarie Bank Ltd/London 6.125 09/08/2170
USD
XXXX
N
N
N
GENERAL ELECTRIC CO
3C7474T6CDKPR9K6YT90
General Electric Co
369604BQ5
9026000.00000000
PA
USD
8528396.62000000
0.932725327215
Long
DBT
CORP
US
N
2
N/A
Variable
4.15600000
N
N
N
N
N
N
Aspen Insurance Holdings Ltd
549300YX6HECG9XQCQ75
Aspen Insurance Holdings Ltd
EP0515015
107800.00000000
NS
USD
2510662.00000000
0.274583622199
Long
EP
CORP
BM
N
1
N
N
N
COMMERZBANK AG
851WYGNLUQLFZBSYGB56
Commerzbank AG
20259BAA9
1180000.00000000
PA
USD
1228141.65000000
0.134318192903
Long
DBT
CORP
DE
Y
2
2023-09-19
Fixed
8.12500000
N
N
N
N
N
N
EMERA INC
NQZVQT2P5IUF2PGA1Q48
Emera Inc
290876AD3
21680000.00000000
PA
USD
21978100.00000000
2.403679311301
Long
DBT
CORP
CA
N
2
2076-06-15
Fixed
6.75000000
N
N
N
N
N
N
DANSKE BANK A/S
MAES062Z21O4RZ2U7M96
Danske Bank A/S
BP5040772
1840000.00000000
PA
USD
1660600.00000000
0.181614874095
Long
DBT
CORP
DK
N
2
N/A
Fixed
4.37500000
N
N
N
N
Y
Danske Bank A/S
DANSKE BANK A/S 4.375 12/30/2049
USD
XXXX
N
N
N
LEGAL & GENERAL GROUP
213800JH9QQWHLO99821
Legal & General Group PLC
AM7838908
1485000.00000000
PA
USD
1483143.75000000
0.162207012779
Long
DBT
CORP
GB
N
2
2047-03-21
Fixed
5.25000000
N
N
N
N
N
N
AERCAP GLOBAL AVIATION T
635400FBSV8LXXNRV758
AerCap Global Aviation Trust
00773HAA5
7560000.00000000
PA
USD
7333200.00000000
0.802010234080
Long
DBT
CORP
US
Y
2
2045-06-15
Fixed
6.50000000
N
N
N
N
N
N
SEMPRA ENERGY
PBBKGKLRK5S5C0Y4T545
Sempra Energy
816851BK4
4750000.00000000
PA
USD
4678750.00000000
0.511700946749
Long
DBT
CORP
US
N
2
N/A
Fixed
4.87500000
N
N
N
N
N
N
AES ANDES SA
549300IF4IFG0FS0RM26
AES Andes SA
00105DAF2
2200000.00000000
PA
USD
2134022.00000000
0.233391627632
Long
DBT
CORP
CL
Y
2
2079-03-26
Fixed
7.12500000
N
N
N
N
N
N
United States Cellular Corp
549300B164AZXESI6E03
United States Cellular Corp
911684702
104457.00000000
NS
USD
2263583.19000000
0.247561348943
Long
EP
CORP
US
N
1
N
N
N
EDISON INTERNATIONAL
549300I7ROF15MAEVP56
Edison International
281020AT4
6070000.00000000
PA
USD
5494099.83000000
0.600873328249
Long
DBT
CORP
US
N
2
N/A
Fixed
5.00000000
N
N
N
N
N
N
COBANK ACB
P0J8I7M2E0A77CKF1705
CoBank ACB
19075QAC6
3150000.00000000
PA
USD
3150000.00000000
0.344506114295
Long
DBT
CORP
US
N
2
N/A
Fixed
6.25000000
N
N
N
N
N
N
ASSURED GUARANTY MUNI
549300WKHOG7BKB8MS12
Assured Guaranty Municipal Holdings Inc
31769PAB6
11519000.00000000
PA
USD
11651468.50000000
1.274286393261
Long
DBT
CORP
US
Y
2
2066-12-15
Fixed
6.40000000
N
N
N
N
N
N
METLIFE CAPITAL TRUST IV
N/A
MetLife Capital Trust IV
591560AA5
11660000.00000000
PA
USD
13234100.00000000
1.447374084825
Long
DBT
CORP
US
Y
2
2037-12-15
Fixed
7.87500000
N
N
N
N
N
N
CREDIT SUISSE GROUP AG
549300506SI9CRFV9Z86
Credit Suisse Group AG
225401AL2
8090000.00000000
PA
USD
7615845.10000000
0.832922286501
Long
DBT
CORP
CH
Y
2
N/A
Fixed
6.37500000
N
N
N
N
Y
Credit Suisse Group AG
Credit Suisse Group AG 6.375 02/21/2171
USD
XXXX
N
N
N
MARKEL CORP
549300SCNO12JLWIK605
Markel Corp
570535AW4
5075000.00000000
PA
USD
5189187.50000000
0.567525975230
Long
DBT
CORP
US
N
2
N/A
Fixed
6.00000000
N
N
N
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
Barclays PLC
06738EBT1
1220000.00000000
PA
USD
1017175.00000000
0.111245398986
Long
DBT
CORP
GB
N
2
N/A
Fixed
4.37500000
N
N
N
N
Y
Barclays PLC
Barclays PLC 4.375 12/15/2170
USD
XXXX
N
N
N
Morgan Stanley
MBNUM2BPBDO7JBLYG310
Morgan Stanley
N/A
1.00000000
NC
USD
4996513.75000000
0.546453821281
N/A
DIR
CORP
US
N
2
CITIGROUP GLOBAL MARKETS INC.
MBNUM2BPBDO7JBLYG310
Morgan Stanley
Morgan Stanley
Y
2027-07-01
0.00000000
USD
0.00000000
USD
277500000.00000000
USD
5352317.32000000
N
N
N
2022-04-30
Nuveen Preferred & Income Opportunities Fund
E. Scott Wickerham
E. Scott Wickerham
Vice President and Funds Controller
XXXX
NPORT-EX
2
tiaa_JPC.htm
Nuveen
Preferred
&
Income
Opportunities
Fund
Portfolio
of
Investments
April
30,
2022
(Unaudited)
Principal
Amount
(000)
/
Shares
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
LONG-TERM
INVESTMENTS
-
154.2% (51.0%
of
Total
Investments)
X
734,492,005
$1,000
PAR
(OR
SIMILAR)
INSTITUTIONAL
PREFERRED
-
80.3%
(51.0%
of
Total
Investments)
X
734,492,005
Automobiles
-
3.0%
(1.9%
of
Total
Investments)
$
9,140
General
Motors
Financial
Co
Inc
(3)
5.750%
N/A
(4)
BB+
$
8,408,892
7,485
General
Motors
Financial
Co
Inc
5.700%
N/A
(4)
BB+
7,307,231
11,750
General
Motors
Financial
Co
Inc
(3),(5)
6.500%
N/A
(4)
BB+
11,338,750
Total
Automobiles
27,054,873
Banks
-
31.3%
(19.9%
of
Total
Investments)
1,415
Bank
of
America
Corp
6.100%
N/A
(4)
BBB+
1,429,935
5,560
Bank
of
America
Corp
(3)
6.300%
N/A
(4)
BBB+
5,685,100
3,540
Bank
of
America
Corp
6.250%
N/A
(4)
BBB+
3,583,542
21,125
Bank
of
America
Corp
(3)
6.500%
N/A
(4)
BBB+
21,534,403
3,685
Bank
of
America
Corp
4.375%
N/A
(4)
BBB+
3,261,225
9,981
Citigroup
Inc
5.950%
N/A
(4)
BBB-
9,756,427
1,820
Citigroup
Inc
4.150%
N/A
(4)
BBB-
1,609,972
13,145
Citigroup
Inc
6.300%
N/A
(4)
BBB-
12,997,119
6,290
Citigroup
Inc
(3)
5.000%
N/A
(4)
BBB-
5,951,912
16,055
Citigroup
Inc
(3),(5)
6.250%
N/A
(4)
BBB-
16,044,885
1,685
Citizens
Financial
Group
Inc
6.375%
N/A
(4)
BB+
1,630,237
2,015
Citizens
Financial
Group
Inc
(3)
4.000%
N/A
(4)
BB+
1,788,313
3,150
CoBank
ACB
(3)
6.250%
N/A
(4)
BBB+
3,150,000
1,900
Fifth
Third
Bancorp
(3)
4.500%
N/A
(4)
Baa3
1,842,842
14,985
First
Citizens
BancShares
Inc/NC
(5)
5.800%
N/A
(4)
N/R
14,988,746
910
Goldman
Sachs
Group
Inc/The
4.400%
N/A
(4)
BB+
850,850
925
Goldman
Sachs
Group
Inc/The
3.800%
N/A
(4)
BBB-
813,985
2,314
HSBC
Capital
Funding
Dollar
1
LP,
144A
10.176%
N/A
(4)
BBB
3,378,440
3,025
Huntington
Bancshares
Inc/OH
(3)
5.700%
N/A
(4)
Baa3
2,850,155
5,525
Huntington
Bancshares
Inc/OH
5.625%
N/A
(4)
Baa3
5,508,259
2,660
JPMorgan
Chase
&
Co
(3)
6.100%
N/A
(4)
BBB+
2,665,586
4,280
JPMorgan
Chase
&
Co
3.650%
N/A
(4)
BBB+
3,841,300
7,275
JPMorgan
Chase
&
Co
5.000%
N/A
(4)
BBB+
6,894,517
28,555
JPMorgan
Chase
&
Co
(3),(5)
6.750%
N/A
(4)
BBB+
29,057,140
2,485
KeyCorp
(5)
5.000%
N/A
(4)
Baa3
2,376,157
6,970
M&T
Bank
Corp
(3)
6.450%
N/A
(4)
Baa2
7,004,850
1,440
M&T
Bank
Corp
(3)
3.500%
N/A
(4)
Baa2
1,209,618
1,880
M&T
Bank
Corp
5.125%
N/A
(4)
Baa2
1,847,100
21,977
PNC
Financial
Services
Group
Inc/The
(3-Month
LIBOR
reference
rate
+
3.678%
spread)
(3),(6)
3.804%
N/A
(4)
Baa2
21,786,542
1,922
PNC
Financial
Services
Group
Inc/The
5.000%
N/A
(4)
Baa2
1,845,120
4,245
PNC
Financial
Services
Group
Inc/The
6.000%
N/A
(4)
Baa2
4,234,388
2,835
PNC
Financial
Services
Group
Inc/The
3.400%
N/A
(4)
Baa2
2,438,100
8,290
Regions
Financial
Corp
(5)
5.750%
N/A
(4)
Baa3
8,455,800
875
SVB
Financial
Group
4.100%
N/A
(4)
Baa2
708,750
3,690
SVB
Financial
Group
4.000%
N/A
(4)
Baa2
3,209,193
785
SVB
Financial
Group
4.700%
N/A
(4)
Baa2
642,240
1,930
Truist
Financial
Corp
5.050%
N/A
(4)
Baa2
1,838,325
4,690
Truist
Financial
Corp
5.100%
N/A
(4)
Baa2
4,672,413
9,458
Truist
Financial
Corp
(5)
4.950%
N/A
(4)
Baa2
9,446,178
9,735
Truist
Financial
Corp
(5)
4.800%
N/A
(4)
Baa2
9,274,535
6,490
Wells
Fargo
&
Co
5.900%
N/A
(4)
Baa2
6,352,088
11,747
Wells
Fargo
&
Co
(3)
3.900%
N/A
(4)
Baa2
10,718,550
13,950
Wells
Fargo
&
Co
(3),(5)
5.875%
N/A
(4)
Baa2
14,054,625
1,385
Wells
Fargo
&
Co
(3)
7.950%
11/15/29
Baa1
1,687,663
1,105
Zions
Bancorp
NA
5.800%
N/A
(4)
BB+
1,088,369
Nuveen
Preferred
&
Income
Opportunities
Fund
(continued)
Portfolio
of
Investments
April
30,
2022
(Unaudited)
Principal
Amount
(000)
/
Shares
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
Banks
(continued)
$
9,666
Zions
Bancorp
NA
(5)
7.200%
N/A
(4)
BB+
$
9,946,314
Total
Banks
285,951,808
Capital
Markets
-
3.7%
(2.3%
of
Total
Investments)
2,040
Bank
of
New
York
Mellon
Corp/The
4.700%
N/A
(4)
Baa1
2,034,900
7,425
Charles
Schwab
Corp/The
5.375%
N/A
(4)
BBB
7,481,207
1,825
Charles
Schwab
Corp/The
(3)
4.000%
N/A
(4)
BBB
1,654,819
4,325
Charles
Schwab
Corp/The
(3-Month
LIBOR
reference
rate
+
4.820%
spread)
(6)
6.106%
N/A
(4)
BBB
4,303,375
9,704
Goldman
Sachs
Group
Inc/The
5.500%
N/A
(4)
BBB-
9,711,666
7,411
Goldman
Sachs
Group
Inc/The
5.300%
N/A
(4)
BBB-
7,313,693
1,555
Goldman
Sachs
Group
Inc/The
4.125%
N/A
(4)
BBB-
1,394,557
Total
Capital
Markets
33,894,217
Communications
Equipment
-
0.2%
(0.1%
of
Total
Investments)
2,315
Vodafone
Group
PLC
(3)
4.125%
6/04/81
BB+
2,000,322
Total
Communications
Equipment
2,000,322
Consumer
Finance
-
2.8%
(1.8%
of
Total
Investments)
10,109
Ally
Financial
Inc
(3)
4.700%
N/A
(4)
Ba2
8,729,121
6,365
Ally
Financial
Inc
4.700%
N/A
(4)
Ba2
5,479,056
3,060
American
Express
Co
3.550%
N/A
(4)
Baa2
2,635,731
3,215
Capital
One
Financial
Corp
3.950%
N/A
(4)
Baa3
2,789,012
6,175
Discover
Financial
Services
(3)
6.125%
N/A
(4)
Ba2
6,283,063
Total
Consumer
Finance
25,915,983
Diversified
Financial
Services
-
4.9%
(3.1%
of
Total
Investments)
9,325
American
AgCredit
Corp,
144A
(3)
5.250%
N/A
(4)
BB+
8,485,750
2,590
Capital
Farm
Credit
ACA,
144A
(3)
5.000%
N/A
(4)
BB
2,343,950
1,100
Compeer
Financial
ACA,
144A
4.875%
N/A
(4)
BB+
973,500
12
Compeer
Financial
ACA,
144A
(3)
6.750%
N/A
(4)
BB+
12,726,000
7,470
Equitable
Holdings
Inc
4.950%
N/A
(4)
BBB-
7,455,058
13,001
Voya
Financial
Inc
(3)
6.125%
N/A
(4)
BBB-
12,935,995
Total
Diversified
Financial
Services
44,920,253
Electric
Utilities
-
4.5%
(2.8%
of
Total
Investments)
2,070
American
Electric
Power
Co
Inc
3.875%
2/15/62
BBB
1,854,808
6,070
Edison
International
(3)
5.000%
N/A
(4)
BB+
5,494,100
995
Edison
International
(3)
5.375%
N/A
(4)
BB+
917,718
1,565
Electricite
de
France
SA,
144A
(3)
5.250%
N/A
(4)
BBB-
1,549,350
21,680
Emera
Inc
(3)
6.750%
6/15/76
BB+
21,978,100
7,475
NextEra
Energy
Capital
Holdings
Inc
(3)
5.650%
5/01/79
BBB
7,348,523
1,905
Southern
Co/The
4.000%
1/15/51
BBB-
1,810,055
Total
Electric
Utilities
40,952,654
Food
Products
-
4.8%
(3.0%
of
Total
Investments)
2,145
Dairy
Farmers
of
America
Inc,
144A
7.125%
N/A
(4)
BB+
2,102,100
7,435
Land
O'
Lakes
Inc,
144A
(3)
7.000%
N/A
(4)
BB
7,550,243
3,860
Land
O'
Lakes
Inc,
144A
(3)
7.250%
N/A
(4)
BB
4,024,050
28,560
Land
O'
Lakes
Inc,
144A
(3)
8.000%
N/A
(4)
BB
29,916,600
Total
Food
Products
43,592,993
Independent
Power
Producers
&
Energy
Traders
-
1.8%
(1.2%
of
Total
Investments)
2,200
AES
Andes
SA,
144A
(3)
7.125%
3/26/79
BB
2,134,022
4,775
AES
Andes
SA,
144A
6.350%
10/07/79
BB
4,584,048
8,525
Vistra
Corp,
144A
(5)
8.000%
N/A
(4)
Ba3
8,578,281
1,550
Vistra
Corp,
144A
7.000%
N/A
(4)
Ba3
1,507,375
Total
Independent
Power
Producers
&
Energy
Traders
16,803,726
Principal
Amount
(000)
/
Shares
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
Industrial
Conglomerates
-
0.9%
(0.6%
of
Total
Investments)
$
9,026
General
Electric
Co
(3-Month
LIBOR
reference
rate
+
3.330%
spread)
(3),(5),(6)
4.156%
N/A
(4)
BBB-
$
8,528,397
Total
Industrial
Conglomerates
8,528,397
Insurance
-
13.5%
(8.6%
of
Total
Investments)
1,615
Aegon
NV
5.500%
4/11/48
Baa1
1,653,938
1,550
American
International
Group
Inc
(3)
5.750%
4/01/48
BBB-
1,498,912
10,404
Assurant
Inc
(3),(5)
7.000%
3/27/48
BB+
10,741,714
11,519
Assured
Guaranty
Municipal
Holdings
Inc,
144A
(3),(5)
6.400%
12/15/66
BBB+
11,651,469
2,465
AXIS
Specialty
Finance
LLC
(3)
4.900%
1/15/40
BBB
2,292,450
5,720
Enstar
Finance
LLC
5.500%
1/15/42
BB+
5,319,600
2,395
Enstar
Finance
LLC
5.750%
9/01/40
BB+
2,355,756
1,485
Legal
&
General
Group
PLC
5.250%
3/21/47
A3
1,483,144
5,075
Markel
Corp
6.000%
N/A
(4)
BBB-
5,189,187
11,660
MetLife
Capital
Trust
IV,
144A
(3)
7.875%
12/15/37
BBB
13,234,100
1,790
MetLife
Inc
3.850%
N/A
(4)
BBB
1,704,617
8,088
MetLife
Inc,
144A
9.250%
4/08/38
BBB
9,993,714
1,430
MetLife
Inc
5.875%
N/A
(4)
BBB
1,414,077
575
Nationwide
Financial
Services
Capital
Trust
7.899%
3/01/37
Baa2
681,375
9,550
Nationwide
Financial
Services
Inc
(3)
6.750%
5/15/37
Baa2
10,254,312
2,485
PartnerRe
Finance
B
LLC
(3)
4.500%
10/01/50
Baa1
2,323,475
7,281
Provident
Financing
Trust
I
(3)
7.405%
3/15/38
BB+
8,309,441
745
Prudential
Financial
Inc
3.700%
10/01/50
BBB+
652,449
1,190
Prudential
Financial
Inc
(5)
5.125%
3/01/52
BBB+
1,157,275
2,960
QBE
Insurance
Group
Ltd,
144A
(3)
5.875%
N/A
(4)
Baa2
2,974,800
9,055
QBE
Insurance
Group
Ltd,
144A
(3)
7.500%
11/24/43
Baa1
9,406,129
1,215
QBE
Insurance
Group
Ltd
(3)
6.750%
12/02/44
BBB
1,255,630
10,685
SBL
Holdings
Inc,
144A
(3)
7.000%
N/A
(4)
BB
9,589,787
9,700
SBL
Holdings
Inc,
144A
(5)
6.500%
N/A
(4)
BB
8,511,750
Total
Insurance
123,649,101
Media
-
0.3%
(0.2%
of
Total
Investments)
3,110
Paramount
Global
6.375%
3/30/62
Baa3
3,014,103
Total
Media
3,014,103
Multi-Utilities
-
2.2%
(1.4%
of
Total
Investments)
2,125
Algonquin
Power
&
Utilities
Corp
(3)
4.750%
1/18/82
BB+
1,943,249
6,420
CenterPoint
Energy
Inc
6.125%
N/A
(4)
BBB-
6,177,452
610
CMS
Energy
Corp
4.750%
6/01/50
BBB-
585,600
3,400
Dominion
Energy
Inc
4.350%
N/A
(4)
BBB-
3,105,220
1,320
NiSource
Inc
5.650%
N/A
(4)
BBB-
1,273,800
3,005
Sempra
Energy
4.125%
4/01/52
BBB-
2,640,799
4,750
Sempra
Energy
4.875%
N/A
(4)
BBB-
4,678,750
Total
Multi-Utilities
20,404,870
Oil,
Gas
&
Consumable
Fuels
-
2.2%
(1.4%
of
Total
Investments)
5,765
Enbridge
Inc
5.750%
7/15/80
BBB-
5,721,763
2,578
Enbridge
Inc
5.500%
7/15/77
BBB-
2,469,496
1,540
Enbridge
Inc
(3)
6.000%
1/15/77
BBB-
1,547,040
3,320
Energy
Transfer
LP
(3)
6.500%
N/A
(4)
BB
3,154,365
1,735
MPLX
LP
(3)
6.875%
N/A
(4)
BB+
1,698,565
1,400
Transcanada
Trust
5.500%
9/15/79
BBB
1,347,500
3,930
Transcanada
Trust
5.600%
3/07/82
BBB
3,802,275
Total
Oil,
Gas
&
Consumable
Fuels
19,741,004
Nuveen
Preferred
&
Income
Opportunities
Fund
(continued)
Portfolio
of
Investments
April
30,
2022
(Unaudited)
Principal
Amount
(000)
/
Shares
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
Trading
Companies
&
Distributors
-
2.5%
(1.6%
of
Total
Investments)
$
7,560
AerCap
Global
Aviation
Trust,
144A
(3)
6.500%
6/15/45
BB+
$
7,333,200
3,205
AerCap
Holdings
NV
5.875%
10/10/79
BB+
3,004,688
4,180
Air
Lease
Corp
(3)
4.650%
N/A
(4)
BB+
3,762,000
8,474
ILFC
E-Capital
Trust
I,
144A
4.300%
12/21/65
BB+
6,779,200
1,960
ILFC
E-Capital
Trust
I,
144A
4.050%
12/21/65
B+
1,528,800
Total
Trading
Companies
&
Distributors
22,407,888
U.S.
Agency
-
0.9%
(0.6%
of
Total
Investments)
5,835
Farm
Credit
Bank
of
Texas,
144A
(3)
6.200%
N/A
(4)
BBB+
6,126,750
2,420
Farm
Credit
Bank
of
Texas,
144A
(3)
5.700%
N/A
(4)
Baa1
2,516,800
Total
U.S.
Agency
8,643,550
Wireless
Telecommunication
Services
-
0.8%
(0.5%
of
Total
Investments)
6,644
Vodafone
Group
PLC
7.000%
4/04/79
BB+
7,016,263
Total
Wireless
Telecommunication
Services
7,016,263
Total
$1,000
Par
(or
similar)
Institutional
Preferred
(cost
$757,881,696)
734,492,005
Principal
Amount
(000)
Description
(1)
,(7)
Coupon
Maturity
Ratings
(2)
Value
X
388,300,009
CONTINGENT
CAPITAL
SECURITIES
-
42.5%
(27.0%
of
Total
Investments)
X
388,300,009
Banks
-
31.2%
(19.8%
of
Total
Investments)
$
2,025
Australia
&
New
Zealand
Banking
Group
Ltd/United
Kingdom,
144A
(3)
6.750%
N/A
(4)
Baa2
$
2,121,187
3,805
Banco
Bilbao
Vizcaya
Argentaria
SA
(3)
6.125%
N/A
(4)
Ba2
3,533,894
5,975
Banco
Bilbao
Vizcaya
Argentaria
SA
(5)
6.500%
N/A
(4)
Ba2
5,788,281
4,700
Banco
Mercantil
del
Norte
SA/Grand
Cayman,
144A
7.500%
N/A
(4)
Ba2
4,505,185
3,120
Banco
Mercantil
del
Norte
SA/Grand
Cayman,
144A
(3)
7.625%
N/A
(4)
Ba2
3,088,800
5,600
Banco
Santander
SA
(3)
7.500%
N/A
(4)
Ba1
5,638,640
4,905
Banco
Santander
SA
4.750%
N/A
(4)
Ba1
4,332,679
19,365
Barclays
PLC
(5)
7.750%
N/A
(4)
BBB-
19,534,444
6,440
Barclays
PLC
6.125%
N/A
(4)
BBB-
6,315,193
1,220
Barclays
PLC
4.375%
N/A
(4)
BBB-
1,017,175
14,810
Barclays
PLC
(5)
8.000%
N/A
(4)
BBB-
15,263,556
13,145
BNP
Paribas
SA,
144A
(5)
6.625%
N/A
(4)
BBB
13,241,464
13,810
BNP
Paribas
SA,
144A
(5)
7.375%
N/A
(4)
BBB
14,374,967
1,000
BNP
Paribas
SA,
144A
7.000%
N/A
(4)
BBB
1,030,000
7,445
Credit
Agricole
SA,
144A
(5)
8.125%
N/A
(4)
BBB
8,003,375
7,754
Credit
Agricole
SA,
144A
7.875%
N/A
(4)
BBB
7,947,850
5,100
Credit
Suisse
Group
AG,
144A
5.250%
N/A
(4)
BB+
4,481,625
1,815
Danske
Bank
A/S
6.125%
N/A
(4)
BBB-
1,792,312
1,840
Danske
Bank
A/S
4.375%
N/A
(4)
BBB-
1,660,600
1,600
Danske
Bank
A/S
(3)
7.000%
N/A
(4)
BBB-
1,589,619
7,010
HSBC
Holdings
PLC
(3)
6.375%
N/A
(4)
BBB
6,985,465
21,344
HSBC
Holdings
PLC
(5)
6.375%
N/A
(4)
BBB
21,435,352
21,850
HSBC
Holdings
PLC
(3),(5)
6.000%
N/A
(4)
BBB
20,976,000
4,585
ING
Groep
NV
6.500%
N/A
(4)
BBB
4,573,537
9,280
ING
Groep
NV
5.750%
N/A
(4)
BBB
8,908,800
12,425
ING
Groep
NV,
Reg
S
(3)
6.750%
N/A
(4)
BBB
12,487,125
3,805
Intesa
Sanpaolo
SpA,
144A
(3)
7.700%
N/A
(4)
BB-
3,833,537
14,395
Lloyds
Banking
Group
PLC
(5)
7.500%
N/A
(4)
Baa3
14,792,302
11,190
Lloyds
Banking
Group
PLC
(3),(5)
7.500%
N/A
(4)
Baa3
11,413,800
3,350
Macquarie
Bank
Ltd/London,
144A
6.125%
N/A
(4)
BB+
3,226,050
9,649
NatWest
Group
PLC
(3)
6.000%
N/A
(4)
BBB-
9,509,572
7,440
NatWest
Group
PLC
8.000%
N/A
(4)
BBB-
7,830,600
3,985
Nordea
Bank
Abp,
144A
6.625%
N/A
(4)
BBB+
4,034,812
1,975
Societe
Generale
SA,
144A
8.000%
N/A
(4)
BB
2,058,543
2,066
Societe
Generale
SA,
144A
(3)
6.750%
N/A
(4)
BB
1,970,481
Principal
Amount
(000)
Description
(1),(7)
Coupon
Maturity
Ratings
(2)
Value
Banks
(continued)
$
6,536
Societe
Generale
SA,
144A
7.875%
N/A
(4)
BB+
$
6,688,978
2,820
Societe
Generale
SA,
144A
4.750%
N/A
(4)
BB+
2,500,310
5,406
Standard
Chartered
PLC,
144A
6.000%
N/A
(4)
BBB-
5,372,213
5,300
Standard
Chartered
PLC,
144A
4.300%
N/A
(4)
BBB-
4,385,750
2,010
Standard
Chartered
PLC,
144A
7.750%
N/A
(4)
BBB-
2,060,793
3,820
UniCredit
SpA,
Reg
S
(3)
8.000%
N/A
(4)
BB-
3,849,452
285,715
Total
Banks
284,154,318
Capital
Markets
-
11.3%
(7.2%
of
Total
Investments)
8,090
Credit
Suisse
Group
AG,
144A
6.375%
N/A
(4)
BB+
7,615,845
6,925
Credit
Suisse
Group
AG,
144A
7.500%
N/A
(4)
BB+
6,929,778
8,750
Credit
Suisse
Group
AG,
144A
(5)
7.500%
N/A
(4)
BB+
8,665,125
10,229
Credit
Suisse
Group
AG,
144A
(3),(5)
7.250%
N/A
(4)
BB+
9,975,321
18,020
Deutsche
Bank
AG
(3)
6.000%
N/A
(4)
BB-
16,758,600
15,645
UBS
Group
AG
(3)
7.000%
N/A
(4)
BBB
15,938,657
15,780
UBS
Group
AG
(3)
6.875%
N/A
(4)
BBB
15,977,250
13,430
UBS
Group
AG,
144A
(3)
7.000%
N/A
(4)
BBB
13,648,238
2,800
UBS
Group
AG
5.125%
N/A
(4)
BBB
2,688,000
2,940
UBS
Group
AG,
144A
4.875%
N/A
(4)
BBB
2,690,100
3,755
UBS
Group
AG,
144A
3.875%
N/A
(4)
BBB
3,258,777
106,364
Total
Capital
Markets
104,145,691
Total
Contingent
Capital
Securities
(cost
$403,683,109)
388,300,009
Shares
Description
(1)
Coupon
Ratings
(2)
Value
X
274,543,964
$25
PAR
(OR
SIMILAR)
RETAIL
PREFERRED
-
30.0%
(19.1%
of
Total
Investments)
X
274,543,964
Banks
-
8.0%
(5.1%
of
Total
Investments)
63,000
Bank
of
America
Corp
4.375%
BBB+
$
1,157,940
93,724
CoBank
ACB
(5),(8)
6.200%
BBB+
9,747,296
127,675
CoBank
ACB
(8)
6.250%
BBB+
12,831,337
165,500
Farm
Credit
Bank
of
Texas
(3),(5),(8)
6.750%
Baa1
17,087,875
221,181
Fifth
Third
Bancorp
(3)
6.625%
Baa3
5,726,376
152,267
FNB
Corp/PA
(3)
7.250%
Ba1
3,911,739
138,275
KeyCorp
6.125%
Baa3
3,693,325
219,461
Regions
Financial
Corp
(3)
6.375%
Baa3
5,640,148
61,900
Regions
Financial
Corp
5.700%
Baa3
1,501,075
91,115
Synovus
Financial
Corp
5.875%
BB-
2,329,811
66,100
Truist
Financial
Corp
4.750%
Baa2
1,342,491
68,200
Wells
Fargo
&
Co
4.750%
Baa2
1,326,490
141,500
Western
Alliance
Bancorp
(3)
4.250%
Ba1
3,108,755
160,747
Wintrust
Financial
Corp
6.875%
BB
4,274,263
Total
Banks
73,678,921
Capital
Markets
-
3.7%
(2.4%
of
Total
Investments)
57,993
Goldman
Sachs
Group
Inc/The
5.500%
BB+
1,475,342
203,611
Morgan
Stanley
(5)
5.850%
Baa3
5,137,105
110,293
Morgan
Stanley
6.875%
Baa3
2,867,618
100,352
Morgan
Stanley
6.375%
Baa3
2,612,163
534,260
Morgan
Stanley
(3)
7.125%
Baa3
13,960,214
90,333
Stifel
Financial
Corp
(3)
6.125%
BB-
2,270,972
228,112
Stifel
Financial
Corp
(3)
6.250%
BB-
5,759,828
Total
Capital
Markets
34,083,242
Consumer
Finance
-
0.5%
(0.3%
of
Total
Investments)
84,573
Capital
One
Financial
Corp
(3)
5.000%
Baa3
1,757,427
132,414
Synchrony
Financial
(3)
5.625%
BB-
2,738,322
Total
Consumer
Finance
4,495,749
Nuveen
Preferred
&
Income
Opportunities
Fund
(continued)
Portfolio
of
Investments
April
30,
2022
(Unaudited)
Shares
Description
(1)
Coupon
Ratings
(2)
Value
Diversified
Financial
Services
-
1.7%
(1.1%
of
Total
Investments)
74,600
AgriBank
FCB
(5),(8)
6.875%
BBB+
$
7,795,700
114,400
Equitable
Holdings
Inc
5.250%
BBB-
2,489,344
204,839
Voya
Financial
Inc
5.350%
BBB-
5,049,281
Total
Diversified
Financial
Services
15,334,325
Diversified
Telecommunication
Services
-
0.5%
(0.3%
of
Total
Investments)
52,800
AT&T
Inc
(3)
4.750%
BBB-
1,024,848
169,674
Qwest
Corp
6.750%
BBB-
3,807,485
Total
Diversified
Telecommunication
Services
4,832,333
Equity
Real
Estate
Investment
Trusts
(Reits)
-
1.0%
(0.6%
of
Total
Investments)
113,302
Pebblebrook
Hotel
Trust
6.375%
N/R
2,520,969
122,210
Pebblebrook
Hotel
Trust
5.700%
N/R
2,380,651
63,800
Summit
Hotel
Properties
Inc
5.875%
N/R
1,411,256
116,627
Sunstone
Hotel
Investors
Inc
6.125%
N/R
2,659,096
Total
Equity
Real
Estate
Investment
Trusts
(Reits)
8,971,972
Food
Products
-
2.9%
(1.9%
of
Total
Investments)
345,175
CHS
Inc
7.100%
N/R
9,129,879
334,672
CHS
Inc
6.750%
N/R
8,862,114
229,411
CHS
Inc
(3)
7.875%
N/R
6,297,332
23,900
Dairy
Farmers
of
America
Inc
(8),(9)
7.875%
BB+
2,407,925
Total
Food
Products
26,697,250
Insurance
-
8.0%
(5.1%
of
Total
Investments)
366,279
American
Equity
Investment
Life
Holding
Co
(5)
5.950%
BB
9,043,428
165,974
American
Equity
Investment
Life
Holding
Co
6.625%
BB
4,297,067
277,612
Argo
Group
US
Inc
(3)
6.500%
BBB-
6,837,583
357,481
Aspen
Insurance
Holdings
Ltd
5.950%
BB+
8,754,710
107,800
Aspen
Insurance
Holdings
Ltd
5.625%
BB+
2,510,662
82,800
Assurant
Inc
5.250%
BB+
1,810,008
236,052
Athene
Holding
Ltd
6.375%
BBB
6,227,052
411,533
Athene
Holding
Ltd
(3)
6.350%
BBB
10,473,515
63,400
Delphi
Financial
Group
Inc
(8),(9)
3.696%
BBB
1,299,700
365,346
Enstar
Group
Ltd
(3)
7.000%
BB+
9,389,392
219,645
Maiden
Holdings
North
America
Ltd
7.750%
N/R
4,480,758
157,800
Reinsurance
Group
of
America
Inc
(5)
5.750%
BBB+
4,080,708
113,445
Reinsurance
Group
of
America
Inc
(3),(5)
6.200%
BBB+
2,883,772
46,100
Selective
Insurance
Group
Inc
4.600%
BBB-
890,652
Total
Insurance
72,979,007
Multi-Utilities
-
0.1%
(0.1%
of
Total
Investments)
35,674
Algonquin
Power
&
Utilities
Corp
6.200%
BB+
913,254
Total
Multi-Utilities
913,254
Oil,
Gas
&
Consumable
Fuels
-
1.7%
(1.1%
of
Total
Investments)
60,200
Energy
Transfer
LP
7.600%
BB
1,456,840
235,591
NuStar
Energy
LP
7.625%
B2
5,055,783
212,148
NuStar
Energy
LP
7.592%
B2
5,091,552
156,195
NuStar
Logistics
LP
8.020%
B
3,950,171
Total
Oil,
Gas
&
Consumable
Fuels
15,554,346
Thrifts
&
Mortgage
Finance
-
1.2%
(0.7%
of
Total
Investments)
75,580
Federal
Agricultural
Mortgage
Corp
6.000%
N/R
1,987,754
337,570
New
York
Community
Bancorp
Inc
(3)
6.375%
Ba2
8,682,300
Total
Thrifts
&
Mortgage
Finance
10,670,054
Investments
in
Derivatives
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
Shares
Description
(1)
Coupon
Ratings
(2)
Value
Trading
Companies
&
Distributors
-
0.5%
(0.3%
of
Total
Investments)
167,841
Air
Lease
Corp
6.150%
BB+
$
4,196,025
Total
Trading
Companies
&
Distributors
4,196,025
Wireless
Telecommunication
Services
-
0.2%
(0.1%
of
Total
Investments)
98,638
United
States
Cellular
Corp
6.250%
BB+
2,137,486
Total
Wireless
Telecommunication
Services
2,137,486
Total
$25
Par
(or
similar)
Retail
Preferred
(cost
$280,279,811)
274,543,964
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
X
12,909,272
CORPORATE
BONDS
-
1.4%
(0.9%
of
Total
Investments)
X
12,909,272
Banks
-
0.1%
(0.1%
of
Total
Investments)
$
1,180
Commerzbank
AG,
144A
8.125%
9/19/23
Baa3
$
1,228,142
Insurance
-
1.3%
(0.8%
of
Total
Investments)
2,575
Fidelis
Insurance
Holdings
Ltd,
144A
6.625%
4/01/41
BB+
2,589,162
7,117
Liberty
Mutual
Group
Inc,
144A
(3)
7.800%
3/15/37
Baa3
9,091,968
9,692
Total
Insurance
11,681,130
$
10,872
Total
Corporate
Bonds
(cost
$10,728,321)
12,909,272
Total
Long-Term
Investments
(cost
$1,452,572,937)
1,410,245,250
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
3.2% (2.0%
of
Total
Investments)
X
28,817,957
REPURCHASE
AGREEMENTS
-
3.2%
(2.0%
of
Total
Investments)
X
28,817,957
$
28,818
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
4/30/22,
repurchase
price
$28,817,957,
collateralized
by
$34,194,800,
U.S.
Treasury
Bond,
2.250%,
due
8/15/46,
value
$29,394,373
0.000%
5/02/22
$
28,817,957
Total
Short-Term
Investments
(cost
$28,817,957)
28,817,957
Total
Investments
(cost
$
1,481,390,894
)
-
157
.4
%
1,439,063,207
Borrowings
-
(47.4)%
(10),(11)
(
433,400,000
)
Reverse
Repurchase
Agreements,
including
accrued
interest
-
(11.2)%(12)
(
102,001,984
)
Other
Assets
Less
Liabilities
-
1.2%
(13)
10,664,594
Net
Assets
Applicable
to
Common
Shares
-
100%
$
914,325,817
Interest
Rate
Swaps
-
OTC
Uncleared
Counterparty
Notional
Amount
Fund
Pay/Receive
Floating
Rate
Floating
Rate
Index
FixedRate
Fixed
Rate
Payment
Frequency
Effective
Date
Optional
Maturity
Date
Value
Unrealized
Appreciation
(Depreciation)
Morgan
Stanley
Capital
Services,
LLC
$
277,500,000
Receive
1-Month
LIBOR
1.994%
Monthly
6/01/18
7/01/25
7/01/27
$
4,996,514
$
4,996,514
Morgan
Stanley
Capital
Services,
LLC
48,000,000
Receive
1-Month
LIBOR
2.364%
Monthly
6/01/18
7/01/25
7/01/28
326,917
326,917
Total
unrealized
appreciation
on
interest
rate
swaps
$
5,323,431
Nuveen
Preferred
&
Income
Opportunities
Fund
(continued)
Portfolio
of
Investments
April
30,
2022
(Unaudited)
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
–
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
–
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
–
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
$1,000
Par
(or
similar)
Institutional
Preferred
$
–
$
734,492,005
$
–
$
734,492,005
Contingent
Capital
Securities
–
388,300,009
–
388,300,009
$25
Par
(or
similar)
Retail
Preferred
223,374,131
51,169,833
–
274,543,964
Corporate
Bonds
–
12,909,272
–
12,909,272
Short-Term
Investments:
Repurchase
Agreements
–
28,817,957
–
28,817,957
Investments
in
Derivatives:
Interest
Rate
Swaps*
–
5,323,431
–
5,323,431
Total
$
223,374,131
$
1,221,012,507
$
–
$
1,444,386,638
*
Represents
net
unrealized
appreciation
(depreciation).
For
Fund
portfolio
compliance
purposes,
the
Fund’s
industry
classifications
refer
to
any
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
ratings
group
indexes,
and/or
as
defined
by
Fund
management.
This
definition
may
not
apply
for
purposes
of
this
report,
which
may
combine
industry
sub-classifications
into
sectors
for
reporting
ease.
(1)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets
applicable
to
common
shares
unless
otherwise
noted.
(2)
For
financial
reporting
purposes,
the
ratings
disclosed
are
the
highest
of
Standard
&
Poor’s
Group
(“Standard
&
Poor’s”),
Moody’s
Investors
Service,
Inc.
(“Moody’s”)
or
Fitch,
Inc.
(“Fitch”)
rating.
This
treatment
of
split-rated
securities
may
differ
from
that
used
for
other
purposes,
such
as
for
Fund
investment
policies.
Ratings
below
BBB
by
Standard
&
Poor’s,
Baa
by
Moody’s
or
BBB
by
Fitch
are
considered
to
be
below
investment
grade.
Holdings
designated
N/R
are
not
rated
by
any
of
these
national
rating
agencies.
(3)
Investment,
or
portion
of
investment,
has
been
pledged
to
collateralize
the
net
payment
obligations
for
investments
in
reverse
repurchase
agreements.
As
of
the
end
of
the
reporting
period,
investments
with
a
value
of
$312,594,796
have
been
pledged
as
collateral
for
reverse
repurchase
agreements.
(4)
Perpetual
security.
Maturity
date
is
not
applicable.
(5)
Investment,
or
portion
of
investment,
is
hypothecated.
The
total
value
of
investments
hypothecated
as
of
the
end
of
the
reporting
period
was
$334,134,589.
(6)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(7)
Contingent
Capital
Securities
(“CoCos”)
are
hybrid
securities
with
loss
absorption
characteristics
built
into
the
terms
of
the
security
for
the
benefit
of
the
issuer.
For
example,
the
terms
may
specify
an
automatic
write-down
of
principal
or
a
mandatory
conversion
into
the
issuer’s
common
stock
under
certain
adverse
circumstances,
such
as
the
issuer’s
capital
ratio
falling
below
a
specified
level.
(8)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
2.
(9)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(10)
Borrowings
as
a
percentage
of
Total
investments
is
30.1%.
(11)
The
Fund
may
pledge
up
to
100%
of
its
eligible
investments
(excluding
any
investments
separately
pledged
as
collateral
for
specific
investments
in
derivatives,
when
applicable)
in
the
Portfolio
of
Investments
as
collateral
for
borrowings.
As
of
the
end
of
the
reporting
period,
investments
with
a
value
of
$948,057,774
have
been
pledged
as
collateral
for
borrowings.
(12)
Reverse
Repurchase
Agreements,
including
accrued
interest
as
a
percentage
of
Total
investments
is
7.1%.
(13)
Other
assets
less
liabilities
includes
the
unrealized
appreciation
(depreciation)
of
certain
over-the-counter
("OTC")
derivatives
as
well
as
the
OTC
cleared
and
exchange-traded
derivatives,
when
applicable.
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
LIBOR
London
Inter-Bank
Offered
Rate
N/A
Not
Applicable.
Reg
S
Regulation
S
allows
U.S.
companies
to
sell
securities
to
persons
or
entities
located
outside
of
the
United
States
without
registering
those
securities
with
the
Securities
and
Exchange
Commission.
Specifically,
Regulation
S
provides
a
safe
harbor
from
the
registration
requirements
of
the
Securities
Act
for
the
offers
and
sales
of
securities
by
both
foreign
and
domestic
issuers
that
are
made
outside
the
United
States.