Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
LONG-TERM INVESTMENTS – 99.1% | ||||||
MUNICIPAL BONDS – 99.1% | ||||||
Alabama – 0.8% | ||||||
$500 | Lower Alabama Gas District, Alabama, Gas Project Revenue Bonds, Series 2016A, 5.000%, 9/01/46 | No Opt. Call | A | $731,170 | ||
100 | Tuscaloosa County Industrial Development Authority, Alabama, Gulf Opportunity Zone Bonds, Hunt Refining Project, Refunding Series 2019A, 5.250%, 5/01/44, 144A | 5/29 at 100.00 | N/R | 111,639 | ||
600 | Total Alabama | 842,809 | ||||
Arizona – 2.5% | ||||||
600 | Arizona Health Facilities Authority, Revenue Bonds, Scottsdale Lincoln Hospitals Project, Refunding Series 2014A, 5.000%, 12/01/39 | 12/24 at 100.00 | A2 | 685,008 | ||
1,000 | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Academies of Math & Science Projects, Series 2018A, 5.000%, 7/01/48 | 1/28 at 100.00 | AA- | 1,177,770 | ||
515 | Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc Prepay Contract Obligations, Series 2007, 5.250%, 12/01/28 | No Opt. Call | A3 | 667,502 | ||
2,115 | Total Arizona | 2,530,280 | ||||
California – 15.9% | ||||||
5,000 | Adelanto School District, San Bernardino County, California, General Obligation Bonds, Series 1997A, 0.000%, 9/01/22 – NPFG Insured | No Opt. Call | A+ | 4,938,850 | ||
Brea Olinda Unified School District, Orange County, California, General Obligation Bonds, Series 1999A: | ||||||
2,000 | 0.000%, 8/01/21 – FGIC Insured | No Opt. Call | AA- | 1,994,660 | ||
2,070 | 0.000%, 8/01/22 – FGIC Insured | No Opt. Call | AA- | 2,056,338 | ||
2,120 | 0.000%, 8/01/23 – FGIC Insured | No Opt. Call | AA- | 2,095,853 | ||
500 | California Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health, Series 2018A, 4.000%, 11/15/42 | 11/27 at 100.00 | A+ | 568,630 | ||
365 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2018A, 5.500%, 12/01/58, 144A | 6/28 at 100.00 | BB | 406,577 | ||
275 | California Statewide Communities Development Authority, Revenue Bonds, Front Porch Communities and Services Project, Series 2017A, 4.000%, 4/01/36 | 4/27 at 100.00 | A | 300,094 | ||
1,000 | California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity Health System, Series 2005A, 5.500%, 7/01/39 (4), (5) | 8/20 at 100.00 | N/R | 841,220 | ||
600 | Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Term Rate Sub-Series 2013B-1, 3.500%, 1/15/53 | 7/29 at 100.00 | A- | 633,174 | ||
300 | M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009A, 7.000%, 11/01/34 | No Opt. Call | A | 474,930 | ||
385 | San Francisco Redevelopment Finance Authority, California, Tax Allocation Revenue Bonds, Mission Bay North Redevelopment Project, Series 2011C, 6.000%, 8/01/24 (Pre-refunded 2/01/21) | 2/21 at 100.00 | A- (6) | 396,103 |
NMI | Nuveen Municipal Income Fund, Inc. (continued) |
Portfolio of Investments July 31, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$500 | San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue Bonds, Refunding Junior Lien Series 2014B, 5.250%, 1/15/44 | 1/25 at 100.00 | BBB+ | $556,320 | ||
1,000 | Union City Community Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Project, Subordinate Lien Series 2011, 6.000%, 12/01/22 (Pre-refunded 12/01/21) | 12/21 at 100.00 | A+ (6) | 1,077,260 | ||
16,115 | Total California | 16,340,009 | ||||
Colorado – 10.2% | ||||||
Central Platte Valley Metropolitan District, Colorado, General Obligation Bonds, Refunding Series 2013A: | ||||||
150 | 5.125%, 12/01/29 | 12/23 at 100.00 | BBB | 161,124 | ||
250 | 5.375%, 12/01/33 | 12/23 at 100.00 | BBB | 267,498 | ||
350 | Colorado Health Facilities Authority, Colorado, Health Facilities Revenue Bonds, The Evangelical Lutheran Good Samaritan Society Project, Refunding Series 2017, 5.000%, 6/01/42 (Pre-refunded 6/01/27) | 6/27 at 100.00 | N/R (6) | 456,369 | ||
500 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Christian Living Neighborhoods Project, Refunding Series 2016, 5.000%, 1/01/37 | 1/24 at 102.00 | N/R | 501,620 | ||
1,140 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 4.000%, 8/01/49 | 8/29 at 100.00 | BBB+ | 1,268,045 | ||
750 | Colorado Springs, Colorado, Utilities System Revenue Bonds, Improvement Series 2013B-1, 5.000%, 11/15/38 | 11/23 at 100.00 | AA+ | 852,915 | ||
1,000 | Denver City and County, Colorado, Airport System Revenue Bonds, Series 2012B, 5.000%, 11/15/32 | 11/22 at 100.00 | AA- | 1,081,310 | ||
1,395 | Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2018A, 5.000%, 12/01/48 (AMT) | 12/28 at 100.00 | A+ | 1,687,378 | ||
110 | Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Bonds, Refunding Series 2015A, 5.000%, 12/01/45 | 12/25 at 100.00 | A | 127,120 | ||
650 | Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Bonds, Series 2018A, 4.000%, 12/01/51 | 12/28 at 100.00 | A | 727,213 | ||
1,000 | Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Refunding Bonds, Series 2011, 6.125%, 12/01/41 – AGM Insured (Pre-refunded 12/01/20) | 12/20 at 100.00 | AA (6) | 1,019,200 | ||
435 | Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds, Colorado Springs Utilities, Series 2008, 6.125%, 11/15/23 | No Opt. Call | A+ | 476,669 | ||
1,100 | Rampart Range Metropolitan District 1, Lone Tree, Colorado, Limited Tax Supported and Special Revenue Bonds, Refunding & Improvement Series 2017, 5.000%, 12/01/42 | 12/27 at 100.00 | AA | 1,344,904 | ||
499 | Tallyn's Reach Metropolitan District 3, Aurora, Colorado, General Obligation Bonds, Limited Tax Convertible to Unlimited Tax, Refunding & Improvement Series 2013, 5.000%, 12/01/33 | 12/23 at 100.00 | N/R | 511,240 | ||
9,329 | Total Colorado | 10,482,605 | ||||
Delaware – 0.1% | ||||||
100 | Delaware Health Facilities Authroity, Revenue Bonds, Beebe Medical Center Project, Series 2018, 5.000%, 6/01/48 | 12/28 at 100.00 | BBB | 116,812 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida – 5.4% | ||||||
$850 | Bay County, Florida, Educational Facilities Revenue Refunding Bonds, Bay Haven Charter Academy, Inc Project, Series 2013A, 5.000%, 9/01/33 | 9/23 at 100.00 | BBB | $914,277 | ||
Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project , Series 2019A: | ||||||
350 | 6.375%, 1/01/49 (AMT) (Mandatory Put 1/01/26), 144A | 10/20 at 105.00 | N/R | 305,459 | ||
450 | 6.500%, 1/01/49 (AMT) (Mandatory Put 1/01/29), 144A | 10/20 at 105.00 | N/R | 390,875 | ||
500 | Florida Higher Educational Facilities Financing Authority, Revenue Bonds, Nova Southeastern University, Refunding Series 2011, 6.375%, 4/01/31 (Pre-refunded 4/01/21) | 4/21 at 100.00 | A- (6) | 520,060 | ||
500 | Greater Orlando Aviation Authority, Florida, Orlando Airport Facilities Revenue Bonds, Priority Subordinated Series 2017, 5.000%, 10/01/47 (AMT) | 10/27 at 100.00 | A+ | 592,570 | ||
800 | Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2010B, 5.000%, 10/01/35 – AGM Insured | 10/20 at 100.00 | AA | 805,376 | ||
1,000 | Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 2013A, 5.000%, 10/01/42 (Pre-refunded 10/01/22) | 10/22 at 100.00 | AA- (6) | 1,104,470 | ||
515 | North Sumter County Utility Dependent District, Florida, Utility Revenue Bonds, Series 2010, 5.375%, 10/01/40 | 10/20 at 100.00 | AA | 519,264 | ||
310 | Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Orlando Health, Inc, Series 2012A, 5.000%, 10/01/42 | 4/22 at 100.00 | A+ | 326,582 | ||
100 | Tampa, Florida, Revenue Bonds, H Lee Moffitt Cancer Center and Research Institute, Series 2020B, 4.000%, 7/01/45 | 7/30 at 100.00 | A2 | 113,380 | ||
5,375 | Total Florida | 5,592,313 | ||||
Georgia – 2.9% | ||||||
455 | Atlanta Development Authority, Georgia, Revenue Bonds, New Downtown Atlanta Stadium Project, Senior Lien Series 2015A-1, 5.250%, 7/01/40 | 7/25 at 100.00 | A+ | 502,147 | ||
420 | Atlanta Urban Residential Finance Authority, Georgia, Multifamily Housing Revenue Bonds, Testletree Village Apartments, Series 2013A, 4.000%, 11/01/25 | 11/23 at 100.00 | BBB | 444,683 | ||
370 | Fulton County Development Authority, Georgia, Revenue Bonds, Piedmont Healthcare, Inc Project, Series 2019A, 4.000%, 7/01/49 | 7/29 at 100.00 | AA- | 417,541 | ||
255 | Georgia Municipal Electric Authority, Plant Vogtle Units 3 & 4 Project M Bonds, Series 2019A, 5.000%, 1/01/63 | 7/28 at 100.00 | A | 302,647 | ||
300 | Main Street Natural Gas Inc, Georgia, Gas Project Revenue Bonds, Series 2006B, 5.000%, 3/15/22 | No Opt. Call | A+ | 319,521 | ||
850 | Rockdale County Development Authority, Georgia, Revenue Bonds, Piedmont Healthcare, Inc Project, Series 2019A, 4.000%, 7/01/44 | 7/29 at 100.00 | AA- | 965,677 | ||
2,650 | Total Georgia | 2,952,216 | ||||
Hawaii – 0.3% | ||||||
250 | Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaii Pacific University, Series 2013A, 6.625%, 7/01/33 | 7/23 at 100.00 | BB | 259,213 | ||
Illinois – 10.4% | ||||||
250 | Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2016, 6.000%, 4/01/46 | 4/27 at 100.00 | A- | 289,905 |
NMI | Nuveen Municipal Income Fund, Inc. (continued) |
Portfolio of Investments July 31, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$435 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2018D, 5.000%, 12/01/46 | 12/28 at 100.00 | BB | $474,037 | ||
650 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2016A, 7.000%, 12/01/44 | 12/25 at 100.00 | BB | 766,525 | ||
1,000 | Illinois Educational Facilities Authority, Revenue Bonds, Field Museum of Natural History, Series 2002RMKT, 4.500%, 11/01/36 | 11/24 at 100.00 | A | 1,115,340 | ||
280 | Illinois Finance Authority, Revenue Bonds, Palos Community Hospital, Series 2010C, 5.125%, 5/15/35 | 8/20 at 100.00 | AA- | 280,700 | ||
80 | Illinois Finance Authority, Revenue Bonds, Rehabilitation Institute of Chicago, Series 2013A, 5.500%, 7/01/28 | 7/23 at 100.00 | A- | 88,745 | ||
200 | Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2015C, 5.000%, 8/15/44 | 8/25 at 100.00 | A3 | 223,740 | ||
400 | Illinois State, General Obligation Bonds, May Series 2020, 5.500%, 5/01/39 | 5/30 at 100.00 | BBB- | 477,232 | ||
990 | Illinois State, General Obligation Bonds, Series 2013, 5.250%, 7/01/31 | 7/23 at 100.00 | BBB- | 1,061,339 | ||
1,555 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2012B, 5.000%, 6/15/52 | 6/22 at 100.00 | BBB | 1,584,856 | ||
200 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2015A, 5.500%, 6/15/53 | 12/25 at 100.00 | BBB | 215,042 | ||
Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2017A: | ||||||
6,000 | 0.000%, 12/15/56 | No Opt. Call | BBB | 1,227,120 | ||
3,000 | 0.000%, 12/15/56 – BAM Insured | No Opt. Call | AA | 860,970 | ||
205 | Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 2002A, 0.000%, 12/15/35 – NPFG Insured | No Opt. Call | BBB | 121,067 | ||
450 | Quad Cities Regional Economic Development Authority, Illinois, Revenue Bonds, Augustana College, Series 2012, 5.000%, 10/01/27 | 10/22 at 100.00 | Baa1 | 473,598 | ||
800 | Railsplitter Tobacco Settlement Authority, Illinois, Tobacco Settlement Revenue Bonds, Series 2010, 6.000%, 6/01/28 (Pre-refunded 6/01/21) | 6/21 at 100.00 | N/R (6) | 838,360 | ||
490 | University of Illinois, Health Services Facilities System Revenue Bonds, Series 2013, 6.000%, 10/01/32 | 10/23 at 100.00 | A- | 551,206 | ||
16,985 | Total Illinois | 10,649,782 | ||||
Indiana – 1.7% | ||||||
525 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Drexel Foundation For Educational Excellence, Inc, Series 2009A, 7.000%, 10/01/39 | 8/20 at 100.00 | B | 525,803 | ||
655 | Indiana Finance Authority, Provate Activity Bonds, Ohio River Bridges East End Crossing Project, Series 2013A, 5.000%, 7/01/44 (AMT) | 7/23 at 100.00 | A- | 702,331 | ||
500 | Vigo County Hospital Authority, Indiana, Hospital Revenue Bonds, Union Hospital, Inc, Series 2011, 8.000%, 9/01/41 (Pre-refunded 9/01/21) | 9/21 at 100.00 | N/R (6) | 540,890 | ||
1,680 | Total Indiana | 1,769,024 | ||||
Iowa – 0.8% | ||||||
835 | Iowa Higher Education Loan Authority, Private College Facility Revenue Bonds, University of Dubuque Project, Refunding Series 2011, 5.625%, 10/01/26 | 10/21 at 100.00 | BBB | 862,338 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Louisiana – 1.4% | ||||||
$1,000 | East Baton Rouge Sewerage Commission, Louisiana, Revenue Bonds, Refunding Series 2019A, 4.000%, 2/01/45 | 2/29 at 100.00 | AA- | $1,188,280 | ||
200 | New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, North Terminal Project, Series 2017B, 5.000%, 1/01/48 (AMT) | 1/27 at 100.00 | A | 230,536 | ||
1,200 | Total Louisiana | 1,418,816 | ||||
Maine – 0.5% | ||||||
500 | Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2013, 5.000%, 7/01/43 | 7/23 at 100.00 | BBB | 525,150 | ||
Maryland – 0.8% | ||||||
250 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, LifeBridge Health Issue, Series 2017, 4.000%, 7/01/42 | 7/27 at 100.00 | A+ | 279,435 | ||
500 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Peninsula Regional Medical Center Issue, Refunding Series 2015, 5.000%, 7/01/45 | 7/24 at 100.00 | A | 554,535 | ||
750 | Total Maryland | 833,970 | ||||
Massachusetts – 0.6% | ||||||
50 | Massachusetts Development Finance Agency, Revenue Bonds, Atrius Health Issue, Series 2019A, 4.000%, 6/01/49 | 6/29 at 100.00 | BBB | 54,262 | ||
500 | Massachusetts Development Finance Agency, Revenue Bonds, UMass Memorial Health Care, Series 2016I, 5.000%, 7/01/46 | 7/26 at 100.00 | A- | 562,500 | ||
550 | Total Massachusetts | 616,762 | ||||
Michigan – 3.1% | ||||||
355 | Detroit Water and Sewerage Department, Michigan, Sewage Disposal System Revenue Bonds, Refunding Senior Lien Series 2012A, 5.250%, 7/01/39 (Pre-refunded 7/01/22) | 7/22 at 100.00 | AA- (6) | 389,559 | ||
1,500 | Michigan Finance Authority, Hospital Revenue Bonds, Henry Ford Health System, Series 2019A, 4.000%, 11/15/50 | 11/29 at 100.00 | A | 1,701,150 | ||
1,000 | Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2011-II-A, 5.375%, 10/15/36 | 10/21 at 100.00 | Aa2 | 1,058,320 | ||
2,855 | Total Michigan | 3,149,029 | ||||
Minnesota – 2.3% | ||||||
300 | City of Minneapolis, Minnesota, Senior Housing and Healthcare Facilities Revenue Bonds, Walker Minneapolis Campus Project, Series 2015, 4.625%, 11/15/31 | 11/22 at 100.00 | N/R | 277,176 | ||
1,000 | Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A, 5.000%, 2/15/53 | 2/28 at 100.00 | A- | 1,162,590 | ||
300 | Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017, 4.250%, 9/01/37 | 9/24 at 100.00 | N/R | 305,613 | ||
500 | West Saint Paul-Mendota Heights-Eagan Independent School District 197, Dakota County, Minnesota, General Obligation Bonds, School Buidling Series 2018A, 4.000%, 2/01/39 | 2/27 at 100.00 | AAA | 576,455 | ||
2,100 | Total Minnesota | 2,321,834 | ||||
Mississippi – 1.1% | ||||||
1,000 | Mississippi Hospital Equipment and Facilities Authority, Revenue Bonds, Baptist Memorial Healthcare, Series 2016A, 5.000%, 9/01/36 | 9/26 at 100.00 | BBB+ | 1,160,580 |
NMI | Nuveen Municipal Income Fund, Inc. (continued) |
Portfolio of Investments July 31, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Missouri – 3.0% | ||||||
$255 | Hanley Road Corridor Transportation Development District, Brentwood and Maplewood, Missouri, Transportation Sales Revenue Bonds, Refunding Series 2009A, 5.875%, 10/01/36 | 8/20 at 100.00 | A- | $255,589 | ||
135 | Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Saint Louis College of Pharmacy, Series 2013, 5.250%, 5/01/33 | 5/23 at 100.00 | BBB | 141,585 | ||
1,000 | Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Southwest Baptist University Project, Series 2012, 5.000%, 10/01/33 | 10/22 at 100.00 | BBB- | 1,031,830 | ||
125 | Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, University of Central Missouri, Series 2013C-2, 5.000%, 10/01/34 | 10/23 at 100.00 | A+ | 140,999 | ||
965 | Missouri Health and Educational Facilities Authority, Revenue Bonds, Lake Regional Health System, Series 2012, 5.000%, 2/15/26 | 2/22 at 100.00 | BBB+ | 997,385 | ||
215 | Saint Louis County Industrial Development Authority, Missouri, Revenue Bonds, Friendship Village Saint Louis Obligated Group, Series 2018A, 5.250%, 9/01/53 | 9/25 at 103.00 | BB+ | 225,959 | ||
335 | Saline County Industrial Development Authority, Missouri, First Mortgage Revenue Bonds, Missouri Valley College, Series 2017, 4.500%, 10/01/40 | 10/23 at 100.00 | N/R | 338,025 | ||
3,030 | Total Missouri | 3,131,372 | ||||
Nebraska – 0.4% | ||||||
400 | Nebraska Educational Finance Authority, Revenue Bonds, Clarkson College Project, Refunding Series 2011, 5.050%, 9/01/30 | 5/21 at 100.00 | Aa3 | 414,992 | ||
New Jersey – 3.0% | ||||||
90 | Gloucester County Pollution Control Financing Authority, New Jersey, Pollution Control Revenue Bonds, Logan Project, Refunding Series 2014A, 5.000%, 12/01/24 (AMT) | No Opt. Call | BBB- | 94,549 | ||
110 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A, 5.000%, 7/01/46 – AGM Insured | 7/25 at 100.00 | AA | 123,606 | ||
545 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2015AA, 5.000%, 6/15/45 | 6/25 at 100.00 | BBB+ | 594,399 | ||
1,000 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB, 4.000%, 6/15/44 | 12/28 at 100.00 | BBB+ | 1,073,400 | ||
1,000 | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A, 5.000%, 6/01/46 | 6/28 at 100.00 | BBB+ | 1,168,130 | ||
2,745 | Total New Jersey | 3,054,084 | ||||
New York – 2.7% | ||||||
60 | Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue Bonds, Catholic Health System, Inc Project, Series 2015, 5.250%, 7/01/35 | 7/25 at 100.00 | BBB | 68,012 | ||
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series 2011A: | ||||||
245 | 5.750%, 2/15/47 (Pre-refunded 2/15/21) | 2/21 at 100.00 | Aa2 (6) | 252,301 | ||
155 | 5.750%, 2/15/47 | 2/21 at 100.00 | Aa2 | 159,213 | ||
315 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020C-1, 5.250%, 11/15/55 | 5/30 at 100.00 | A+ | 359,449 | ||
500 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 1 Series 2014, 5.000%, 11/15/44, 144A | 11/24 at 100.00 | N/R | 532,415 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
$1,000 | New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, General Purpose, Series 2020A, 4.000%, 3/15/45 | 9/30 at 100.00 | Aa1 | $1,181,150 | ||
265 | Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air Terminal LLC Project, Eigth Series 2010, 6.000%, 12/01/42 | 12/20 at 100.00 | Baa1 | 266,908 | ||
2,540 | Total New York | 2,819,448 | ||||
North Carolina – 2.4% | ||||||
1,775 | North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Senior Lien Series 2019, 5.000%, 1/01/49 | 1/30 at 100.00 | Aa1 | 2,141,786 | ||
225 | University of North Carolina, Chapel Hill, Revenue Bonds, Hospital System, Series 2019, 5.000%, 2/01/45 | No Opt. Call | AA | 348,979 | ||
2,000 | Total North Carolina | 2,490,765 | ||||
North Dakota – 0.6% | ||||||
200 | Burleigh County, North Dakota, Health Care Revenue Bonds, Saint Alexius Medical Center Project, Series 2014A, 5.000%, 7/01/35 (Pre-refunded 7/01/21) | 7/21 at 100.00 | N/R (6) | 208,108 | ||
300 | Fargo, North Dakota, Health System Revenue Bonds, Sanford Health, Refunding Series 2011, 6.250%, 11/01/31 | 11/21 at 100.00 | A+ | 318,024 | ||
100 | Grand Forks, North Dakota, Senior Housing & Nursing Facilities Revenue Bonds, Valley Homes and Services Obligated Group, Series 2017, 5.000%, 12/01/36 | 12/26 at 100.00 | N/R | 101,783 | ||
600 | Total North Dakota | 627,915 | ||||
Ohio – 2.5% | ||||||
655 | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2, 5.000%, 6/01/55 | 6/30 at 100.00 | N/R | 722,956 | ||
1,750 | Middleburg Heights, Ohio, Hospital Facilities Revenue Bonds, Southwest General Health Center Project, Refunding Series 2011, 5.250%, 8/01/36 | 8/21 at 100.00 | A2 | 1,831,585 | ||
2,405 | Total Ohio | 2,554,541 | ||||
Oklahoma – 0.3% | ||||||
250 | Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B, 5.500%, 8/15/57 | 8/28 at 100.00 | Baa3 | 297,005 | ||
Oregon – 0.4% | ||||||
55 | Clackamas County Hospital Facility Authority, Oregon, Revenue Bonds, Rose Villa Inc, Series 2020A, 5.250%, 11/15/50 | 11/25 at 102.00 | N/R | 57,952 | ||
300 | Forest Grove, Oregon, Campus Improvement Revenue Bonds, Pacific University Project, Refunding Series 2014A, 5.000%, 5/01/40 | 5/22 at 100.00 | BBB | 312,225 | ||
355 | Total Oregon | 370,177 | ||||
Pennsylvania – 2.8% | ||||||
1,000 | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Reading Hospital & Medical Center Project, Series 2012A, 5.000%, 11/01/40 | 5/22 at 100.00 | BBB+ | 1,026,980 | ||
100 | Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Thomas Jefferson University, Series 2019, 4.000%, 9/01/49 | 9/29 at 100.00 | A | 111,315 |
NMI | Nuveen Municipal Income Fund, Inc. (continued) |
Portfolio of Investments July 31, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
$560 | Montgomery County Industrial Development Authority, Pennsylvania, Health System Revenue Bonds, Albert Einstein Healthcare Network Issue, Series 2015A, 5.250%, 1/15/36 | 1/25 at 100.00 | Ba1 | $603,086 | ||
1,000 | Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Foundation for Student Housing at Indiana University, Project Series 2012A, 5.000%, 7/01/41 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R (6) | 1,087,560 | ||
2,660 | Total Pennsylvania | 2,828,941 | ||||
Puerto Rico – 1.4% | ||||||
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1: | ||||||
200 | 4.550%, 7/01/40 | 7/28 at 100.00 | N/R | 211,782 | ||
1,760 | 0.000%, 7/01/51 | 7/28 at 30.01 | N/R | 371,219 | ||
745 | 5.000%, 7/01/58 | 7/28 at 100.00 | N/R | 806,872 | ||
2,705 | Total Puerto Rico | 1,389,873 | ||||
South Carolina – 0.6% | ||||||
620 | South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, Bishop Gadsden Episcopal Retirement Community, Series 2019A, 4.000%, 4/01/49 | 4/26 at 103.00 | BBB- | 609,578 | ||
South Dakota – 0.1% | ||||||
100 | Sioux Falls, South Dakota, Health Facilities Revenue Bonds, Dow Rummel Village Project, Series 2017, 5.125%, 11/01/47 | 11/26 at 100.00 | BB | 101,998 | ||
Tennessee – 2.3% | ||||||
1,250 | Chattanooga Health, Educational and Housing Facility Board, Tennessee, Revenue Bonds, Catholic Health Initiatives, Series 2013A, 5.250%, 1/01/45 (Pre-refunded 1/01/23) | 1/23 at 100.00 | BBB+ (6) | 1,396,763 | ||
870 | Knox County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds, University Health System, Inc, Series 2016, 5.000%, 9/01/47 | 9/26 at 100.00 | BBB | 961,376 | ||
2,120 | Total Tennessee | 2,358,139 | ||||
Texas – 7.3% | ||||||
670 | Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2015A, 5.000%, 1/01/40 | 7/25 at 100.00 | A- | 763,887 | ||
335 | Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Frst Tier Series 2013A, 5.125%, 10/01/43 | 10/23 at 100.00 | A+ | 349,871 | ||
500 | Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2015, 5.000%, 5/15/40 | 5/25 at 100.00 | A+ | 583,295 | ||
125 | Mission Economic Development Corporation, Texas, Revenue Bonds, Natgasoline Project, Senior Lien Series 2018, 4.625%, 10/01/31, 144A (AMT) | 10/21 at 105.00 | BB- | 132,685 | ||
200 | North Texas Tollway Authority, Special Projects System Revenue Bonds, Convertible Capital Appreciation Series 2011C, 0.000%, 9/01/43 (Pre-refunded 9/01/31) (7) | 9/31 at 100.00 | N/R (6) | 279,428 | ||
410 | North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2015B, 5.000%, 1/01/40 | 1/23 at 100.00 | A+ | 444,452 | ||
500 | North Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier, Series 2015A, 5.000%, 1/01/38 | 1/25 at 100.00 | A | 573,120 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$240 | Reagan Hospital District of Reagan County, Texas, Limited Tax Revenue Bonds, Series 2014A, 5.000%, 2/01/34 | 2/24 at 100.00 | Ba1 | $254,362 | ||
295 | SA Energy Acquisition Public Facilities Corporation, Texas, Gas Supply Revenue Bonds, Series 2007, 5.500%, 8/01/27 | No Opt. Call | A | 375,296 | ||
Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Series 2012: | ||||||
1,165 | 5.000%, 12/15/27 | 12/22 at 100.00 | A3 | 1,257,676 | ||
505 | 5.000%, 12/15/28 | 12/22 at 100.00 | A3 | 544,400 | ||
770 | Texas Private Activity Bond Surface Transportation Corporation, Senior Lien Revenue Bonds, LBJ Infrastructure Group LLC IH-635 Managed Lanes Project, Series 2010, 7.000%, 6/30/40 | 8/20 at 100.00 | Baa3 | 773,719 | ||
1,000 | Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Refunding Second Tier Series 2015C, 5.000%, 8/15/32 | 8/24 at 100.00 | A- | 1,114,570 | ||
45 | West Texas Independent School District, McLennan and Hill Counties, General Obligation Refunding Bonds, Series 1998, 0.000%, 8/15/25 | 8/20 at 76.24 | AAA | 34,291 | ||
6,760 | Total Texas | 7,481,052 | ||||
Virginia – 1.7% | ||||||
105 | Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Refunding & Subordinate Lien Series 2019B, 4.000%, 10/01/49 | 10/29 at 100.00 | A- | 115,977 | ||
1,265 | Virginia Small Business Financing Authority, Private Activity Revenue Bonds, Transform 66 P3 Project, Senior Lien Series 2017, 5.000%, 12/31/56 (AMT) | 6/27 at 100.00 | BBB | 1,414,182 | ||
205 | Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River Crossing, Opco LLC Project, Series 2012, 6.000%, 1/01/37 (AMT) | 7/22 at 100.00 | BBB | 218,177 | ||
1,575 | Total Virginia | 1,748,336 | ||||
West Virginia – 1.1% | ||||||
1,000 | West Virginia Hospital Finance Authority, Hospital Revenue Bonds, West Virginia United Health System Obligated Group, Series 2018A, 5.000%, 6/01/52 | 6/28 at 100.00 | A | 1,171,930 |
NMI | Nuveen Municipal Income Fund, Inc. (continued) |
Portfolio of Investments July 31, 2020 | |
(Unaudited) |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin – 5.7% | ||||||
Public Finance Authority of Wisconsin, Conference Center and Hotel Revenue Bonds, Lombard Public Facilities Corporation, Second Tier Series 2018B: | ||||||
$4 | 0.000%, 1/01/46, 144A (5) | No Opt. Call | N/R | $90 | ||
4 | 0.000%, 1/01/47, 144A (5) | No Opt. Call | N/R | 85 | ||
4 | 0.000%, 1/01/48, 144A (5) | No Opt. Call | N/R | 84 | ||
4 | 0.000%, 1/01/49, 144A (5) | No Opt. Call | N/R | 81 | ||
3 | 0.000%, 1/01/50, 144A (5) | No Opt. Call | N/R | 77 | ||
4 | 0.000%, 1/01/51, 144A (5) | No Opt. Call | N/R | 83 | ||
98 | 3.750%, 7/01/51 (Mandatory Put 7/01/21), 144A (5) | 3/28 at 100.00 | N/R | 63,280 | ||
4 | 0.000%, 1/01/52, 144A (5) | No Opt. Call | N/R | 79 | ||
4 | 0.000%, 1/01/53, 144A (5) | No Opt. Call | N/R | 76 | ||
4 | 0.000%, 1/01/54, 144A (5) | No Opt. Call | N/R | 73 | ||
4 | 0.000%, 1/01/55, 144A (5) | No Opt. Call | N/R | 71 | ||
4 | 0.000%, 1/01/56, 144A (5) | No Opt. Call | N/R | 69 | ||
4 | 0.000%, 1/01/57, 144A (5) | No Opt. Call | N/R | 66 | ||
4 | 0.000%, 1/01/58, 144A (5) | No Opt. Call | N/R | 64 | ||
3 | 0.000%, 1/01/59, 144A (5) | No Opt. Call | N/R | 62 | ||
3 | 0.000%, 1/01/60, 144A (5) | No Opt. Call | N/R | 59 | ||
3 | 0.000%, 1/01/61, 144A (5) | No Opt. Call | N/R | 57 | ||
3 | 0.000%, 1/01/62, 144A (5) | No Opt. Call | N/R | 55 | ||
3 | 0.000%, 1/01/63, 144A (5) | No Opt. Call | N/R | 53 | ||
3 | 0.000%, 1/01/64, 144A (5) | No Opt. Call | N/R | 51 | ||
3 | 0.000%, 1/01/65, 144A (5) | No Opt. Call | N/R | 49 | ||
3 | 0.000%, 1/01/66, 144A (5) | No Opt. Call | N/R | 46 | ||
42 | 0.000%, 1/01/67, 144A (5) | No Opt. Call | N/R | 556 | ||
500 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marquette University, Series 2012, 4.000%, 10/01/32 | 10/22 at 100.00 | A2 | 519,770 | ||
1,000 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Meriter Hospital, Inc, Series 2011A, 5.500%, 5/01/31 (Pre-refunded 5/01/21) | 5/21 at 100.00 | N/R (6) | 1,039,260 | ||
755 | Wisconsin Health and Educational Facilities Authority, Revenus Bonds, Gundersen Lutheran, Series 2011A, 5.250%, 10/15/39 | 10/21 at 100.00 | AA- | 786,038 | ||
200 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Dickson Hollow Project Series 2014, 5.125%, 10/01/34 | 10/22 at 102.00 | N/R | 208,610 | ||
1,000 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, PHW Oconomowoc, Inc Project, Series 2018, 5.125%, 10/01/48 | 10/23 at 102.00 | N/R | 1,004,200 | ||
1,000 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, ProHealth Care, Inc Obligated Group, Refunding Series 2015, 5.000%, 8/15/39 | 8/24 at 100.00 | A+ | 1,125,670 | ||
500 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Rogers Memorial Hospital, Inc, Series 2014B, 5.000%, 7/01/44 | 7/24 at 100.00 | A | 552,710 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
$545 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint John's Communities Inc, Series 2018A, 5.000%, 9/15/50 | 9/23 at 100.00 | BBB- | $553,916 | ||
5,715 | Total Wisconsin | 5,855,440 | ||||
$102,569 | Total Long-Term Investments (cost $94,094,558) | 101,729,128 | ||||
Other Assets Less Liabilities – 0.9% | 907,332 | |||||
Net Assets Applicable to Common Shares – 100% | $102,636,460 |
Level 1 | Level 2 | Level 3 | Total | |
Long-Term Investments: | ||||
Municipal Bonds | $ — | $100,887,908 | $841,220 | $101,729,128 |
NMI | Nuveen Municipal Income Fund, Inc. (continued) |
Portfolio of Investments July 31, 2020 | |
(Unaudited) |
(1) | All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted. | |
(2) | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
(4) | Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3. | |
(5) | Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy. | |
(6) | Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest. | |
(7) | Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
AMT | Alternative Minimum Tax |