NPORT-EX 2 JHAA.htm
JHAA
Nuveen Corporate Income 2023 Target Term Fund
Portfolio of Investments    September 30, 2021
(Unaudited)
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    LONG-TERM INVESTMENTS – 127.2% (86.4% of Total Investments)            
    CORPORATE BONDS – 87.8% (59.6% of Total Investments)            
    Airlines – 1.3%            
$1,000   United Airlines Holdings Inc     5.000% 2/01/24 Ba3 $1,030,000
    Auto Components – 1.6%            
975   Icahn Enterprises LP / Icahn Enterprises Finance Corp     6.750% 2/01/24 BB 987,187
250   ZF North America Capital Inc, 144A     4.500% 4/29/22 BB+ 253,438
1,225   Total Auto Components           1,240,625
    Automobiles – 6.1%            
2,000   Ford Motor Credit Co LLC     3.370% 11/17/23 BB+ 2,049,800
2,550   Ford Motor Credit Co LLC     5.584% 3/18/24 BB+ 2,740,842
4,550   Total Automobiles           4,790,642
    Chemicals – 2.7%            
2,025   NOVA Chemicals Corp, 144A     4.875% 6/01/24 BB- 2,116,125
    Commercial Services & Supplies – 5.7%            
1,475   ADT Security Corp     4.125% 6/15/23 BB- 1,543,248
2,750   Prime Security Services Borrower LLC / Prime Finance Inc, 144A     5.250% 4/15/24 BB- 2,933,013
4,225   Total Commercial Services & Supplies           4,476,261
    Consumer Finance – 5.0%            
500   Navient Corp     5.500% 1/25/23 Ba3 522,500
1,300   Navient Corp     7.250% 9/25/23 Ba3 1,417,676
500   Navient Corp     6.125% 3/25/24 Ba3 535,375
1,300   OneMain Finance Corp     8.250% 10/01/23 Ba2 1,452,789
3,600   Total Consumer Finance           3,928,340
    Containers & Packaging – 2.4%            
1,000   OI European Group BV, 144A     4.000% 3/15/23 B+ 1,020,000
850   Sealed Air Corp, 144A     5.250% 4/01/23 BB+ 888,250
1,850   Total Containers & Packaging           1,908,250
    Diversified Financial Services – 0.9%            
300   Park Aerospace Holdings Ltd, 144A     4.500% 3/15/23 BBB- 313,482
350   Park Aerospace Holdings Ltd, 144A     5.500% 2/15/24 BBB- 381,936
650   Total Diversified Financial Services           695,418
    Diversified Telecommunication Services – 2.1%            
1,500   Lumen Technologies Inc     6.750% 12/01/23 BB 1,644,375
1

JHAA Nuveen Corporate Income 2023 Target Term Fund (continued)
  Portfolio of Investments September 30, 2021
  (Unaudited)
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    Electric Utilities – 3.3%            
$1,500   Pacific Gas and Electric Co     1.750% 6/16/22 BBB- $1,497,573
1,100   TerraForm Power Operating LLC, 144A     4.250% 1/31/23 BB 1,130,250
2,600   Total Electric Utilities           2,627,823
    Equity Real Estate Investment Trust – 1.7%            
750   GLP Capital LP / GLP Financing II Inc     5.375% 11/01/23 BBB- 810,650
500   Starwood Property Trust Inc, 144A     5.500% 11/01/23 BB+ 524,490
1,250   Total Equity Real Estate Investment Trust           1,335,140
    Food & Staples Retailing – 2.3%            
1,750   Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC, 144A     3.500% 2/15/23 BB 1,789,620
    Gas Utilities – 1.2%            
900   AmeriGas Partners LP / AmeriGas Finance Corp     5.625% 5/20/24 BB 974,250
    Health Care Providers & Services – 2.7%            
118   Encompass Health Corp     5.125% 3/15/23 B+ 118,000
500   HCA Inc     5.875% 5/01/23 Baa3 537,510
500   Molina Healthcare Inc     5.375% 11/15/22 BB- 515,475
850   Tenet Healthcare Corp     6.750% 6/15/23 B- 916,300
1,968   Total Health Care Providers & Services           2,087,285
    Hotels, Restaurants & Leisure – 4.4%            
2,500   MGM Resorts International     6.000% 3/15/23 Ba3 2,643,600
850   Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp, 144A     4.250% 5/30/23 BB- 856,375
3,350   Total Hotels, Restaurants & Leisure           3,499,975
    Household Durables – 4.1%            
1,250   KB Home     7.625% 5/15/23 BB 1,331,250
1,785   Taylor Morrison Communities Inc / Taylor Morrison Holdings II Inc, 144A     5.625% 3/01/24 BB 1,924,783
3,035   Total Household Durables           3,256,033
    Media – 5.1%            
340   AMC Networks Inc     5.000% 4/01/24 BB 343,825
375   CCO Holdings LLC / CCO Holdings Capital Corp, 144A     4.000% 3/01/23 BB+ 376,755
2,350   CSC Holdings LLC     5.250% 6/01/24 B+ 2,517,273
750   DISH DBS Corp     5.000% 3/15/23 B2 777,187
3,815   Total Media           4,015,040
    Metals & Mining – 6.6%            
850   Commercial Metals Co     4.875% 5/15/23 BB+ 889,312
1,250   First Quantum Minerals Ltd, 144A     6.500% 3/01/24 B 1,265,625
2,375   FMG Resources August 2006 Pty Ltd, 144A     5.125% 5/15/24 BB+ 2,536,025
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Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    Metals & Mining (continued)            
$500   Freeport-McMoRan Inc     3.875% 3/15/23 BB+ $515,850
4,975   Total Metals & Mining           5,206,812
    Oil, Gas & Consumable Fuels – 19.3%            
550   Buckeye Partners LP     4.150% 7/01/23 BB 566,500
533   Calumet Specialty Products Partners LP / Calumet Finance Corp     7.625% 1/15/22 B- 530,335
500   Calumet Specialty Products Partners LP / Calumet Finance Corp     7.750% 4/15/23 B- 495,625
225   Continental Resources Inc     4.500% 4/15/23 BBB- 233,156
500   Continental Resources Inc     3.800% 6/01/24 BBB- 525,400
794   Energean Israel Finance Ltd, Reg S     4.500% 3/30/24 BB- 810,161
250   Energy Transfer LP     5.875% 1/15/24 BBB- 274,756
500   EnLink Midstream Partners LP     4.400% 4/01/24 BB+ 519,710
500   EQM Midstream Partners LP     4.750% 7/15/23 BB 522,150
1,500   Leviathan Bond Ltd, Reg S, 144A     5.750% 6/30/23 BB 1,560,113
1,000   NAK Naftogaz Ukraine via Kondor Finance PLC, Reg S     7.375% 7/19/22 B 1,016,510
1,750   Occidental Petroleum Corp     2.700% 2/15/23 BB 1,771,088
1,000   Petroleos Mexicanos     4.875% 1/18/24 BBB 1,040,790
1,000   Range Resources Corp     5.000% 3/15/23 B2 1,037,500
300   Sasol Financing International Ltd     4.500% 11/14/22 BB 306,794
1,000   SM Energy Co     5.000% 1/15/24 B 995,000
1,000   Southwestern Energy Co     4.100% 3/15/22 BB 1,002,500
270   Western Midstream Operating LP     4.000% 7/01/22 BB+ 274,112
1,750   Western Midstream Operating LP, (3-Month LIBOR reference rate + 2.100% spread), (3)     2.229% 1/13/23 BB+ 1,750,000
14,922   Total Oil, Gas & Consumable Fuels           15,232,200
    Pharmaceuticals – 1.7%            
1,300   Teva Pharmaceutical Finance Netherlands III BV     6.000% 4/15/24 Ba2 1,368,250
    Real Estate Management & Development – 0.8%            
600   Realogy Group LLC / Realogy Co-Issuer Corp, 144A     4.875% 6/01/23 B 621,000
    Technology Hardware, Storage & Peripherals – 1.1%            
500   Diebold Nixdorf Inc     8.500% 4/15/24 Caa1 510,625
375   EMC Corp     3.375% 6/01/23 BBB 387,187
875   Total Technology Hardware, Storage & Peripherals           897,812
    Textiles, Apparel & Luxury Goods – 3.8%            
2,825   Hanesbrands Inc, 144A     4.625% 5/15/24 BB 2,978,341
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JHAA Nuveen Corporate Income 2023 Target Term Fund (continued)
  Portfolio of Investments September 30, 2021
  (Unaudited)
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    Trading Companies & Distributors – 1.1%            
$400   AerCap Ireland Capital DAC / AerCap Global Aviation Trust     4.500% 9/15/23 BBB $426,164
400   Aircastle Ltd     4.400% 9/25/23 BBB 425,949
800   Total Trading Companies & Distributors           852,113
    Wireless Telecommunication Services – 0.8%            
525   Sprint Corp     7.875% 9/15/23 BB+ 586,609
$66,115   Total Corporate Bonds (cost $66,845,152)           69,158,339
    
Principal Amount (000)   Description (1) Coupon (4) Reference
Rate (4)
Spread (4) Maturity (5) Ratings (2) Value
    VARIABLE RATE SENIOR LOAN INTERESTS – 35.6% (24.2% of Total Investments) (4)            
    Beverages – 0.8%            
$620   Arctic Glacier U.S.A., Inc., Term Loan B 4.500% 3-Month LIBOR 3.500% 3/20/24 CCC+ $592,434
    Capital Markets – 0.6%            
466   Lions Gate Capital Holdings LLC, Term Loan A 1.834% 1-Month LIBOR 1.750% 3/22/23 Ba2 463,992
    Chemicals – 4.7%            
1,245   Axalta Coating Systems US Holdings Inc., Term Loan B3, (DD1) 1.882% 3-Month LIBOR 1.750% 6/01/24 BBB- 1,242,971
992   Ineos US Finance LLC, Term Loan B 2.110% 2-Month LIBOR 2.000% 3/31/24 BBB- 987,303
1,500   Minerals Technologies Inc., Term Loan B 3.000% 1-Month LIBOR 2.250% 2/14/24 BB+ 1,503,750
3,737   Total Chemicals           3,734,024
    Commercial Services & Supplies – 0.2%            
177   R.R. Donnelley & Sons Company, Term Loan B 5.084% 1-Month LIBOR 5.000% 1/15/24 B+ 177,450
    Food & Staples Retailing – 2.4%            
1,897   US Foods, Inc., Term Loan B, (DD1) 1.834% 1-Month LIBOR 1.750% 6/27/23 BB- 1,887,882
    Health Care Providers & Services – 2.8%            
497   Air Methods Corporation, Term Loan B 4.500% 3-Month LIBOR 3.500% 4/21/24 B 493,497
738   ExamWorks Group, Inc., Term Loan 4.250% 1-Month LIBOR 3.250% 7/27/23 B1 738,816
974   Team Health Holdings, Inc., Term Loan, First Lien 3.750% 1-Month LIBOR 2.750% 2/06/24 B 952,627
2,209   Total Health Care Providers & Services           2,184,940
    Health Care Technology – 5.2%            
1,113   Change Healthcare Holdings LLC, Term Loan B 3.500% 3-Month LIBOR 2.500% 3/01/24 B+ 1,113,328
10   Change Healthcare Holdings LLC, Term Loan B 3.500% 1-Month LIBOR 2.500% 3/01/24 B+ 9,931
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Principal Amount (000)   Description (1) Coupon (4) Reference
Rate (4)
Spread (4) Maturity (5) Ratings (2) Value
    Health Care Technology (continued)            
$2,953   IQVIA Inc., Term Loan B1 1.834% 1-Month LIBOR 1.750% 3/07/24 BBB- $2,954,693
4,076   Total Health Care Technology           4,077,952
    Hotels, Restaurants & Leisure – 4.9%            
1,949   Boyd Gaming Corporation, Term Loan B3 2.322% 1-Week LIBOR 2.250% 9/15/23 BB 1,949,262
95   CDS U.S. Intermediate Holdings, Inc., Term Loan, First Lien 7.000% 3-Month LIBOR 6.000% 11/24/25 B 94,534
88   CDS U.S. Intermediate Holdings, Inc., Term Loan, Second Lien 2.000% 3-Month LIBOR 1.000% 11/24/27 CCC 87,577
250   Cedar Fair, L.P., Term Loan B 1.834% 1-Month LIBOR 1.750% 4/13/24 Ba2 246,875
994   Golden Nugget, Inc., Term Loan B 3.250% 2-Month LIBOR 2.500% 10/04/23 B 990,929
486   Travel Leaders Group, LLC, Term Loan B 4.084% 1-Month LIBOR 4.000% 1/25/24 CCC 456,402
3,862   Total Hotels, Restaurants & Leisure           3,825,579
    Insurance – 1.7%            
228   Asurion LLC, Term Loan B6 3.209% 1-Month LIBOR 3.125% 11/03/23 Ba3 227,569
1,131   USI, Inc., Repriced Term Loan 3.132% 3-Month LIBOR 3.000% 5/16/24 B 1,124,342
1,359   Total Insurance           1,351,911
    IT Services – 1.0%            
747   Syniverse Holdings, Inc., Term Loan, First Lien 6.000% 3-Month LIBOR 5.000% 3/09/23 CCC+ 747,796
75   Tempo Acquisition LLC, Non-Extended Term Loan 2.834% 1-Month LIBOR 2.750% 5/01/24 BB- 75,402
822   Total IT Services           823,198
    Machinery – 0.8%            
591   Blount International Inc., Term Loan B 4.750% 1-Month LIBOR 3.750% 4/12/23 B2 592,913
    Media – 4.7%            
1,000   Gray Television, Inc., Term Loan B 2.336% 1-Month LIBOR 2.250% 2/07/24 BB+ 999,535
1,396   Nexstar Broadcasting, Inc., Term Loan B3 2.334% 1-Month LIBOR 2.250% 1/17/24 BBB- 1,396,223
842   Univision Communications Inc., Term Loan, First Lien B 4.000% 1-Month LIBOR 3.250% 3/24/26 B2 842,353
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JHAA Nuveen Corporate Income 2023 Target Term Fund (continued)
  Portfolio of Investments September 30, 2021
  (Unaudited)
Principal Amount (000)   Description (1) Coupon (4) Reference
Rate (4)
Spread (4) Maturity (5) Ratings (2) Value
    Media (continued)            
$504   WideOpenWest Finance LLC, Term Loan B 4.250% 1-Month LIBOR 3.250% 8/19/23 B $504,525
3,742   Total Media           3,742,636
    Professional Services – 4.4%            
3,500   Nielsen Finance LLC, Term Loan B4, (DD1) 2.083% 1-Month LIBOR 2.000% 10/04/23 BBB- 3,499,353
    Semiconductors & Semiconductor Equipment – 0.1%            
107   MACOM Technology Solutions Holdings, Inc., Term Loan 2.334% 1-Month LIBOR 2.250% 5/19/24 BB 106,702
    Technology Hardware, Storage & Peripherals – 1.3%            
991   Diebold, Incorporated, Term Loan B 2.875% 1-Month LIBOR 2.750% 11/06/23 B2 990,913
3   Diebold, Incorporated, Term Loan B 2.875% 3-Month LIBOR 2.750% 11/06/23 B2 3,041
994   Total Technology Hardware, Storage & Peripherals           993,954
$28,159   Total Variable Rate Senior Loan Interests (cost $27,935,056)         28,054,920
    
Principal Amount (000)   Description (1)     Coupon Maturity Ratings (2) Value
    CONVERTIBLE BONDS – 3.8% (2.6% of Total Investments)            
    Media – 1.5%            
$1,275   DISH Network Corp, 144A     2.375% 3/15/24 B1 $1,242,328
    Mortgage Real Estate Investment Trust – 2.3%            
1,250   Blackstone Mortgage Trust Inc     4.750% 3/15/23 N/R 1,271,030
500   Starwood Property Trust Inc     4.375% 4/01/23 BB+ 524,129
1,750   Total Mortgage Real Estate Investment Trust           1,795,159
$3,025   Total Convertible Bonds (cost $2,927,552)           3,037,487
    Total Long-Term Investments (cost $97,707,760)           100,250,746
    
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Principal Amount (000)   Description (1)     Coupon Maturity   Value
    SHORT-TERM INVESTMENTS – 20.0% (13.6% of Total Investments)            
    REPURCHASE AGREEMENTS – 20.0% (13.6% of Total Investments)            
$15,731   Repurchase Agreement with Fixed Income Clearing Corporation, dated 9/30/21, repurchase price $15,730,727, collateralized by $15,315,500, U.S. Treasury Bonds, 2.250%, due 5/15/41, value $16,045,383     0.000% 10/01/21   $15,730,727
    Total Short-Term Investments (cost $15,730,727)           15,730,727
    Total Investments (cost $113,438,487) – 147.2%           115,981,473
    Borrowings – (31.1)% (6), (7)           (24,525,000)
    Other Assets Less Liabilities – (16.1)%           (12,683,869)
    Net Assets Applicable to Common Shares – 100%           $78,772,604
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Corporate Bonds $ — $69,158,339 $ — $69,158,339
Variable Rate Senior Loan Interests  — 28,054,920  — 28,054,920
Convertible Bonds  — 3,037,487  — 3,037,487
Short-Term Investments:        
Repurchase Agreements  — 15,730,727  — 15,730,727
Total $ — $115,981,473 $ — $115,981,473
7

JHAA Nuveen Corporate Income 2023 Target Term Fund (continued)
  Portfolio of Investments September 30, 2021
  (Unaudited)
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.  
(2) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
(3) Variable rate security. The rate shown is the coupon as of the end of the reporting period.  
(4) Senior loans generally pay interest at rates which are periodically adjusted by reference to a base short-term, floating lending rate (Reference Rate) plus an assigned fixed rate (Spread). These floating lending rates are generally (i) the lending rate referenced by the London Inter-Bank Offered Rate (“LIBOR”), or (ii) the prime rate offered by one or more major United States banks. Senior loans may be considered restricted in that the Fund ordinarily is contractually obligated to receive approval from the agent bank and/or borrower prior to the disposition of a senior loan. The rate shown is the coupon as of the end of the reporting period.  
(5) Senior Loans generally are subject to mandatory and/or optional prepayment. Because of these mandatory prepayment conditions and because there may be significant economic incentives for a borrower to prepay, prepayments of senior loans may occur. As a result, the actual remaining maturity of senior loans held may be substantially less than the stated maturities shown.  
(6) Borrowings as a percentage of Total Investments is 21.1%.  
(7) 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.  
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.  
DD1 Portion of investment purchased on a delayed delivery basis.  
LIBOR London Inter-Bank Offered Rate  
Reg S Regulation S allows U.S. companies to sell securities to persons or entities located outside of the United States without registering those securities with the Securities and Exchange Commission. Specifically, Regulation S provides a safe harbor from the registration requirements of the Securities Act for the offers and sales of securities by both foreign and domestic issuers that are made outside the United States.  
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