1
Nuveen
Preferred
and
Income
Term
Fund
Portfolio
of
Investments
October
31,
2023
(Unaudited)
JPI
Principal
Amount
(000)
/Shares
Description
(a)
Coupon
Maturity
Value
LONG-TERM
INVESTMENTS
-
154.1% 
(99.6%
of
Total
Investments)
X
–
$1,000
PAR
(OR
SIMILAR)
INSTITUTIONAL
PREFERRED
-
77.5%
(50.1%
of
Total
Investments)
X
310,328,263
Automobiles
&
Components
-
2.2%
$
7,233
General
Motors
Financial
Co
Inc
5.750%
N/A
(b)
$
5,638,462
3,900
General
Motors
Financial
Co
Inc
5.700%
N/A
(b)
3,275,079
Total
Automobiles
&
Components
8,913,541
Banks
-
31.6%
1,960
Bank
of
America
Corp
6.100%
N/A
(b)
1,889,781
3,290
Bank
of
America
Corp
6.250%
N/A
(b)
3,233,516
3,620
(c)
Bank
of
America
Corp
6.500%
N/A
(b)
3,572,515
1,970
Bank
of
America
Corp
4.375%
N/A
(b)
1,589,989
3,150
Bank
of
America
Corp
6.300%
N/A
(b)
3,064,997
2,575
Citigroup
Inc
7.625%
N/A
(b)
2,479,579
1,695
Citigroup
Inc
4.150%
N/A
(b)
1,319,752
4,325
Citigroup
Inc
6.300%
N/A
(b)
4,194,013
1,315
(d)
Citigroup
Inc
7.375%
N/A
(b)
1,254,220
6,465
(c)
Citigroup
Inc
5.000%
N/A
(b)
6,118,554
7,308
Citigroup
Inc
5.950%
N/A
(b)
6,948,086
2,870
(d)
Citigroup
Inc
6.250%
N/A
(b)
2,694,243
1,070
Citizens
Financial
Group
Inc
4.000%
N/A
(b)
728,530
880
Citizens
Financial
Group
Inc
6.375%
N/A
(b)
715,574
4,805
(c)
CoBank
ACB
6.450%
N/A
(b)
4,463,548
1,180
Farm
Credit
Bank
of
Texas,
144A
6.200%
N/A
(b)
1,056,100
2,270
Farm
Credit
Bank
of
Texas,
144A
5.700%
N/A
(b)
2,122,450
1,065
Fifth
Third
Bancorp
4.500%
N/A
(b)
905,290
275
(e)
Fifth
Third
Bancorp
(TSFR3M
reference
rate
+
3.295%
spread)
8.689%
N/A
(b)
248,016
4,835
(e)
First
Citizens
BancShares
Inc/NC
(TSFR3M
reference
rate
+
4.234%
spread)
9.643%
N/A
(b)
4,918,431
860
Goldman
Sachs
Group
Inc/The
3.800%
N/A
(b)
672,086
850
Goldman
Sachs
Group
Inc/The
4.400%
N/A
(b)
710,334
2,121
HSBC
Capital
Funding
Dollar
1
LP,
144A
10.176%
N/A
(b)
2,559,752
4,740
Huntington
Bancshares
Inc/OH
5.625%
N/A
(b)
3,686,070
9,892
(c)
JPMorgan
Chase
&
Co
6.750%
N/A
(b)
9,884,491
1,715
JPMorgan
Chase
&
Co
6.100%
N/A
(b)
1,691,633
5,800
(d)
JPMorgan
Chase
&
Co
5.000%
N/A
(b)
5,612,737
985
JPMorgan
Chase
&
Co
3.650%
N/A
(b)
854,462
1,390
KeyCorp
5.000%
N/A
(b)
925,811
1,570
M&T
Bank
Corp
6.450%
N/A
(b)
1,464,693
1,340
(c)
M&T
Bank
Corp
3.500%
N/A
(b)
896,068
2,785
M&T
Bank
Corp
5.125%
N/A
(b)
2,100,232
2,130
PNC
Financial
Services
Group
Inc/The
3.400%
N/A
(b)
1,532,623
2,755
(e)
PNC
Financial
Services
Group
Inc/The
(TSFR3M
reference
rate
+
3.302%
spread)
8.711%
N/A
(b)
2,716,887
945
PNC
Financial
Services
Group
Inc/The
6.200%
N/A
(b)
840,753
1,407
PNC
Financial
Services
Group
Inc/The
5.000%
N/A
(b)
1,170,127
4,315
(d)
PNC
Financial
Services
Group
Inc/The
6.250%
N/A
(b)
3,551,248
1,760
PNC
Financial
Services
Group
Inc/The
6.000%
N/A
(b)
1,475,338
1,625
Regions
Financial
Corp
5.750%
N/A
(b)
1,490,607
7,045
(c),(d)
Truist
Financial
Corp
4.800%
N/A
(b)
5,773,465
3,270
Truist
Financial
Corp
5.100%
N/A
(b)
2,618,883
1,805
(d),(e)
Truist
Financial
Corp
(TSFR3M
reference
rate
+
3.364%
spread)
8.773%
N/A
(b)
1,712,117
5,150
(c)
Wells
Fargo
&
Co
3.900%
N/A
(b)
4,460,724
3,605
Wells
Fargo
&
Co
7.625%
N/A
(b)
3,609,675
Nuveen
Preferred
and
Income
Term
Fund
(continued)
Portfolio
of
Investments
October
31,
2023
(Unaudited)
2
JPI
Principal
Amount
(000)
/Shares
Description
(a)
Coupon
Maturity
Value
Banks
(continued)
$
3,256
Wells
Fargo
&
Co
5.900%
N/A
(b)
$
3,201,642
5,638
(c)
Wells
Fargo
&
Co
5.875%
N/A
(b)
5,477,624
1,230
(d)
Wells
Fargo
&
Co
7.950%
11/15/29
1,297,355
465
(d),(e)
Zions
Bancorp
NA
(3-Month
LIBOR
reference
rate
+
4.440%
spread)
10.111%
N/A
(b)
438,076
550
(e)
Zions
Bancorp
NA
(3-Month
LIBOR
reference
rate
+
3.800%
spread)
9.471%
N/A
(b)
454,665
Total
Banks
126,397,362
Capital
Goods
-
4.3%
7,045
(d)
AerCap
Global
Aviation
Trust,
144A
6.500%
6/15/45
6,911,050
1,915
AerCap
Holdings
NV
5.875%
10/10/79
1,797,329
2,045
Air
Lease
Corp
4.650%
N/A
(b)
1,740,587
7,362
(d)
ILFC
E-Capital
Trust
I,
144A
7.459%
12/21/65
5,474,363
1,855
(d)
ILFC
E-Capital
Trust
I,
144A
7.209%
12/21/65
1,364,937
Total
Capital
Goods
17,288,266
Energy
-
3.2%
3,520
(d)
Enbridge
Inc
5.750%
7/15/80
2,934,112
2,440
Enbridge
Inc
8.500%
1/15/84
2,337,440
1,905
Enbridge
Inc
7.625%
1/15/83
1,703,910
1,245
Enbridge
Inc
5.500%
7/15/77
1,059,247
690
Enbridge
Inc
6.000%
1/15/77
600,429
1,590
(d)
Energy
Transfer
LP
6.500%
N/A
(b)
1,440,031
345
(d)
Energy
Transfer
LP
7.125%
N/A
(b)
286,498
1,650
(d)
Transcanada
Trust
5.600%
3/07/82
1,273,506
1,225
(d)
Transcanada
Trust
5.500%
9/15/79
970,573
Total
Energy
12,605,746
Financial
Services
-
10.3%
1,980
Ally
Financial
Inc
4.700%
N/A
(b)
1,285,215
2,570
Ally
Financial
Inc
4.700%
N/A
(b)
1,500,391
2,010
American
AgCredit
Corp,
144A
5.250%
N/A
(b)
1,839,150
2,350
American
Express
Co
3.550%
N/A
(b)
1,844,750
1,145
Bank
of
New
York
Mellon
Corp/The
4.700%
N/A
(b)
1,083,709
2,425
Capital
Farm
Credit
ACA,
144A
5.000%
N/A
(b)
2,182,500
2,205
Capital
One
Financial
Corp
3.950%
N/A
(b)
1,534,637
1,685
Charles
Schwab
Corp/The
4.000%
N/A
(b)
1,337,336
3,115
Charles
Schwab
Corp/The
5.375%
N/A
(b)
2,957,873
1,050
Compeer
Financial
ACA,
144A
4.875%
N/A
(b)
945,000
1,820
Discover
Financial
Services
6.125%
N/A
(b)
1,680,613
800
Discover
Financial
Services
5.500%
N/A
(b)
533,516
3,430
Equitable
Holdings
Inc
4.950%
N/A
(b)
3,125,955
3,195
Goldman
Sachs
Group
Inc/The
7.500%
N/A
(b)
3,133,505
4,127
(d)
Goldman
Sachs
Group
Inc/The
5.300%
N/A
(b)
3,846,798
950
(e)
Goldman
Sachs
Group
Inc/The
(TSFR3M
reference
rate
+
3.136%
spread)
8.501%
N/A
(b)
943,301
950
Goldman
Sachs
Group
Inc/The
4.125%
N/A
(b)
752,699
7,755
(d)
Goldman
Sachs
Group
Inc/The
5.500%
N/A
(b)
7,562,073
3,171
(c),(d)
Voya
Financial
Inc
7.748%
N/A
(b)
3,113,240
Total
Financial
Services
41,202,261
Food,
Beverage
&
Tobacco
-
5.0%
2,250
Dairy
Farmers
of
America
Inc,
144A
7.125%
N/A
(b)
2,025,000
12,550
(c)
Land
O'
Lakes
Inc,
144A
8.000%
N/A
(b)
11,044,000
7,223
(c)
Land
O'
Lakes
Inc,
144A
7.000%
N/A
(b)
5,272,790
2,240
Land
O'
Lakes
Inc,
144A
7.250%
N/A
(b)
1,747,200
Total
Food,
Beverage
&
Tobacco
20,088,990
3
Principal
Amount
(000)
/Shares
Description
(a)
Coupon
Maturity
Value
Insurance
-
14.3%
$
1,505
Aegon
NV
5.500%
4/11/48
$
1,360,140
1,447
(d)
American
International
Group
Inc
5.750%
4/01/48
1,316,697
8,580
(d)
Assurant
Inc
7.000%
3/27/48
8,217,804
10,595
(d)
Assured
Guaranty
Municipal
Holdings
Inc,
144A
6.400%
12/15/66
9,005,011
2,320
(d)
AXIS
Specialty
Finance
LLC
4.900%
1/15/40
1,825,131
1,505
(d)
Enstar
Finance
LLC
5.500%
1/15/42
1,199,614
1,540
Enstar
Finance
LLC
5.750%
9/01/40
1,354,941
4,755
(c)
Markel
Group
Inc
6.000%
N/A
(b)
4,597,177
1,095
(d)
MetLife
Inc
5.875%
N/A
(b)
964,392
3,440
(d)
MetLife
Inc,
144A
9.250%
4/08/38
3,726,070
1,525
MetLife
Inc
3.850%
N/A
(b)
1,386,527
2,335
(d)
PartnerRe
Finance
B
LLC
4.500%
10/01/50
1,919,112
3,544
(c)
Provident
Financing
Trust
I
7.405%
3/15/38
3,426,472
1,405
(d)
Prudential
Financial
Inc
5.125%
3/01/52
1,194,590
700
Prudential
Financial
Inc
3.700%
10/01/50
551,504
2,770
(d)
QBE
Insurance
Group
Ltd,
144A
5.875%
N/A
(b)
2,647,346
3,595
(c),(d)
QBE
Insurance
Group
Ltd,
144A
7.500%
11/24/43
3,596,675
4,565
QBE
Insurance
Group
Ltd
,
Reg
S
6.750%
12/02/44
4,489,595
6,695
(d)
SBL
Holdings
Inc,
144A
7.000%
N/A
(b)
4,068,012
600
SBL
Holdings
Inc,
144A
6.500%
N/A
(b)
338,429
Total
Insurance
57,185,239
Media
&
Entertainment
-
0.3%
1,660
Paramount
Global
6.375%
3/30/62
1,221,660
Total
Media
&
Entertainment
1,221,660
Technology
Hardware
&
Equipment
-
0.2%
1,290
Vodafone
Group
PLC
4.125%
6/04/81
975,100
Total
Technology
Hardware
&
Equipment
975,100
Telecommunication
Services
-
0.8%
3,180
(d)
Vodafone
Group
PLC
7.000%
4/04/79
3,074,812
Total
Telecommunication
Services
3,074,812
Utilities
-
5.3%
2,550
AES
Andes
SA,
144A
6.350%
10/07/79
2,356,710
1,240
AES
Andes
SA,
144A
7.125%
3/26/79
1,166,452
1,920
(d)
American
Electric
Power
Co
Inc
3.875%
2/15/62
1,507,823
570
(d)
CMS
Energy
Corp
4.750%
6/01/50
472,679
2,110
Edison
International
5.000%
N/A
(b)
1,877,820
930
Edison
International
5.375%
N/A
(b)
833,440
6,100
(d)
Emera
Inc
6.750%
6/15/76
5,736,666
2,365
Sempra
4.875%
N/A
(b)
2,208,594
1,785
(d)
Sempra
4.125%
4/01/52
1,374,939
1,935
Southern
Co/The
4.000%
1/15/51
1,765,463
1,135
Vistra
Corp,
144A
8.000%
N/A
(b)
1,078,250
1,095
Vistra
Corp,
144A
7.000%
N/A
(b)
996,450
Total
Utilities
21,375,286
Total
$1,000
Par
(or
similar)
Institutional
Preferred
(cost
$345,746,152)
310,328,263
Nuveen
Preferred
and
Income
Term
Fund
(continued)
Portfolio
of
Investments
October
31,
2023
(Unaudited)
4
JPI
Principal
Amount
(000)
Description
(a),(f)
Coupon
Maturity
Value
X
–
CONTINGENT
CAPITAL
SECURITIES
-
48.4%
(31.3%
of
Total
Investments)
X
193,992,408
Banks
-
41.0%
$
1,470
Australia
&
New
Zealand
Banking
Group
Ltd/United
Kingdom,
144A
6.750%
N/A
(b)
$
1,426,194
3,010
Banco
Bilbao
Vizcaya
Argentaria
SA
6.125%
N/A
(b)
2,390,262
1,510
Banco
Bilbao
Vizcaya
Argentaria
SA
9.375%
N/A
(b)
1,456,019
6,020
(c)
Banco
Bilbao
Vizcaya
Argentaria
SA
6.500%
N/A
(b)
5,671,552
1,300
(d)
Banco
Mercantil
del
Norte
SA/Grand
Cayman,
144A
7.500%
N/A
(b)
1,122,087
2,930
(d)
Banco
Mercantil
del
Norte
SA/Grand
Cayman,
144A
7.625%
N/A
(b)
2,655,318
4,400
Banco
Santander
SA
,
Reg
S
7.500%
N/A
(b)
4,263,477
6,260
Banco
Santander
SA
4.750%
N/A
(b)
4,501,756
4,840
(d)
Barclays
PLC
8.000%
N/A
(b)
4,280,980
6,295
(c)
Barclays
PLC
6.125%
N/A
(b)
5,622,821
5,170
(d)
Barclays
PLC
8.000%
N/A
(b)
5,056,489
1,350
BNP
Paribas
SA,
144A
7.000%
N/A
(b)
1,204,304
1,360
BNP
Paribas
SA,
144A
9.250%
N/A
(b)
1,382,425
2,745
BNP
Paribas
SA,
144A
7.375%
N/A
(b)
2,674,144
3,935
BNP
Paribas
SA,
144A
6.625%
N/A
(b)
3,879,942
4,895
BNP
Paribas
SA,
144A
8.500%
N/A
(b)
4,690,334
7,385
BNP
Paribas
SA,
144A
7.750%
N/A
(b)
6,847,175
1,050
(d)
Credit
Agricole
SA,
144A
4.750%
N/A
(b)
777,217
3,185
Credit
Agricole
SA,
144A
7.875%
N/A
(b)
3,169,075
6,644
(c)
Credit
Agricole
SA,
144A
8.125%
N/A
(b)
6,560,950
7,365
(d)
HSBC
Holdings
PLC
8.000%
N/A
(b)
7,226,906
7,165
(c)
HSBC
Holdings
PLC
6.000%
N/A
(b)
6,240,463
11,566
(c)
HSBC
Holdings
PLC
6.375%
N/A
(b)
10,903,122
4,270
(c)
ING
Groep
NV
6.500%
N/A
(b)
3,995,224
5,535
ING
Groep
NV
5.750%
N/A
(b)
4,868,282
6,200
ING
Groep
NV
,
Reg
S
6.750%
N/A
(b)
6,154,530
3,034
(d)
Intesa
Sanpaolo
SpA,
144A
7.700%
N/A
(b)
2,833,359
2,735
(d)
Lloyds
Banking
Group
PLC
8.000%
N/A
(b)
2,401,623
5,715
(c)
Lloyds
Banking
Group
PLC
7.500%
N/A
(b)
5,569,676
6,835
(c)
Lloyds
Banking
Group
PLC
7.500%
N/A
(b)
6,341,513
3,050
Macquarie
Bank
Ltd/London,
144A
6.125%
N/A
(b)
2,699,656
5,020
(c)
NatWest
Group
PLC
6.000%
N/A
(b)
4,598,865
5,195
(c)
NatWest
Group
PLC
8.000%
N/A
(b)
5,043,280
2,810
Nordea
Bank
Abp,
144A
6.625%
N/A
(b)
2,626,940
1,820
Societe
Generale
SA,
144A
8.000%
N/A
(b)
1,782,654
1,113
(d)
Societe
Generale
SA,
144A
6.750%
N/A
(b)
894,995
5,558
(c)
Societe
Generale
SA,
144A
7.875%
N/A
(b)
5,507,056
1,580
(d)
Societe
Generale
SA,
144A
4.750%
N/A
(b)
1,266,783
7,145
Societe
Generale
SA,
144A
9.375%
N/A
(b)
6,897,594
140
Standard
Chartered
PLC,
144A
6.000%
N/A
(b)
131,732
3,740
Standard
Chartered
PLC,
144A
7.750%
N/A
(b)
3,588,313
2,990
UniCredit
SpA
,
Reg
S
8.000%
N/A
(b)
2,945,150
Total
Banks
164,150,237
Financial
Services
-
7.4%
9,885
(c)
Deutsche
Bank
AG
6.000%
N/A
(b)
7,958,966
1,400
Deutsche
Bank
AG
7.500%
N/A
(b)
1,240,482
200
Deutsche
Bank
AG
,
Reg
S
4.789%
N/A
(b)
165,000
7,442
UBS
Group
AG
,
Reg
S
7.000%
N/A
(b)
7,209,437
7,115
UBS
Group
AG
,
Reg
S
6.875%
N/A
(b)
6,694,077
6,630
(c),(d)
UBS
Group
AG,
144A
7.000%
N/A
(b)
6,574,209
Total
Financial
Services
29,842,171
Total
Contingent
Capital
Securities
(cost
$209,750,372)
193,992,408
5
Shares  
Description
(a)
Coupon
Value
X
–
$25
PAR
(OR
SIMILAR)
RETAIL
PREFERRED
-
27.4%
(17.7%
of
Total
Investments)
X
109,647,863
Banks
-
7.6%
27,128
CoBank
ACB
6.200%
$
2,619,209
87,000
(d)
Farm
Credit
Bank
of
Texas,
144A
9.681%
8,656,500
98,863
(d)
Fifth
Third
Bancorp
6.625%
2,409,291
232,000
(c)
KeyCorp
6.200%
3,876,720
25,900
KeyCorp
6.125%
462,315
169,115
(d)
New
York
Community
Bancorp
Inc
6.375%
3,571,709
120,200
Regions
Financial
Corp
6.375%
2,520,594
57,838
Regions
Financial
Corp
5.700%
1,032,408
61,453
Synovus
Financial
Corp
5.875%
1,396,212
64,600
Wells
Fargo
&
Co
4.750%
1,149,880
43,000
(d)
Western
Alliance
Bancorp
4.250%
674,240
86,389
Wintrust
Financial
Corp
6.875%
2,068,153
Total
Banks
30,437,231
Capital
Goods
-
1.0%
114,543
(d)
Air
Lease
Corp
6.150%
2,762,777
41,600
(d)
WESCO
International
Inc
10.625%
1,109,056
Total
Capital
Goods
3,871,833
Energy
-
2.3%
33,200
Energy
Transfer
LP
7.600%
820,704
139,235
(d)
NuStar
Energy
LP
11.315%
3,494,799
125,403
NuStar
Energy
LP
12.438%
3,194,014
70,872
(d)
NuStar
Logistics
LP
12.389%
1,841,255
Total
Energy
9,350,772
Financial
Services
-
5.5%
26,000
AgriBank
FCB
6.875%
2,600,000
105,500
(d)
Equitable
Holdings
Inc
5.250%
1,902,165
45,587
Federal
Agricultural
Mortgage
Corp
6.000%
1,129,236
196,300
Morgan
Stanley
5.850%
4,291,118
101,372
Morgan
Stanley
7.125%
2,544,437
93,300
Morgan
Stanley
6.375%
2,194,416
70,176
Morgan
Stanley
6.875%
1,715,803
38,800
(d)
Morgan
Stanley
6.500%
956,808
66,500
Synchrony
Financial
5.625%
982,205
190,535
(c)
Voya
Financial
Inc
5.350%
3,942,169
Total
Financial
Services
22,258,357
Food,
Beverage
&
Tobacco
-
2.9%
168,229
(c)
CHS
Inc
7.100%
4,160,303
169,110
CHS
Inc
6.750%
3,999,452
61,800
CHS
Inc
7.875%
1,580,844
20,500
Dairy
Farmers
of
America
Inc,
144A
7.875%
1,839,875
Total
Food,
Beverage
&
Tobacco
11,580,474
Insurance
-
7.7%
241,300
(c)
American
Equity
Investment
Life
Holding
Co
5.950%
5,103,495
122,300
American
Equity
Investment
Life
Holding
Co
6.625%
2,803,116
231,598
(c)
Aspen
Insurance
Holdings
Ltd
9.593%
5,854,797
62,000
Aspen
Insurance
Holdings
Ltd
5.625%
1,054,620
45,000
(d)
Assurant
Inc
5.250%
842,400
159,300
(d)
Athene
Holding
Ltd
6.350%
3,366,009
115,100
Athene
Holding
Ltd
6.375%
2,793,477
123,400
(d)
Enstar
Group
Ltd
7.000%
2,935,686
146,800
(d)
Reinsurance
Group
of
America
Inc
5.750%
3,599,536
64,300
(d)
Reinsurance
Group
of
America
Inc
7.125%
1,639,650
Nuveen
Preferred
and
Income
Term
Fund
(continued)
Portfolio
of
Investments
October
31,
2023
(Unaudited)
6
JPI
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.
Shares  
Description
(a)
Coupon
Value
Insurance
(continued)
43,200
(d)
Selective
Insurance
Group
Inc
4.600%
$
682,560
Total
Insurance
30,675,346
Telecommunication
Services
-
0.2%
49,500
(d)
AT&T
Inc
4.750%
856,350
Total
Telecommunication
Services
856,350
Utilities
-
0.2%
24,700
(d)
NiSource
Inc
6.500%
617,500
Total
Utilities
617,500
Total
$25
Par
(or
similar)
Retail
Preferred
(cost
$121,592,274)
109,647,863
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
CORPORATE
BONDS
-
0.8%
(0.5%
of
Total
Investments)
X
3,156,090
Financial
Services
-
0.8%
$
9,496
Credit
Suisse
Group
AG
7.250%
3/12/72
$
997,080
8,520
Credit
Suisse
Group
AG
0.000%
1/17/72
894,600
5,802
Credit
Suisse
Group
AG
7.500%
6/11/72
609,210
4,285
Credit
Suisse
Group
AG
7.500%
1/17/72
449,925
1,955
Credit
Suisse
Group
AG
6.380%
2/21/72
205,275
Total
Financial
Services
3,156,090
Total
Corporate
Bonds
(cost
$29,502,144)
3,156,090
Total
Long-Term
Investments
(cost
$706,590,942)
617,124,624
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
0.7% (0.4%
of
Total
Investments)
X
–
REPURCHASE
AGREEMENTS
-
0.7%
(0.4%
of
Total
Investments)
X
2,740,000
$
2,740
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
10/31/2023,repurchase
price
$2,740,402,
collateralized
by
$4,585,100,
U.S.
Treasury
Bond,
2.375%,
due
05/15/2051,
value
$2,794,801
5.280%
11/01/23
$
2,740,000
Total
Repurchase
Agreements
(cost
$2,740,000)
2,740,000
Total
Short-Term
Investments
(cost
$2,740,000)
2,740,000
Total
Investments
(cost
$709,330,942
)
-
154.8%
619,864,624
Borrowings
-
(42.4)%
(g),(h)
(169,900,000)
Reverse
Repurchase
Agreements,
including
accrued
interest
-
(16.4)%(i)
(65,673,025)
Other
Assets
&
Liabilities,
Net
-  4.0%(j)
16,198,231
Net
Assets
Applicable
to
Common
Shares
-
100%
$
400,489,830
7
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:
$1,000
Par
(or
similar)
Institutional
Preferred
$
–
$
310,328,263
$
–
$
310,328,263
Contingent
Capital
Securities
–
193,992,408
–
193,992,408
$25
Par
(or
similar)
Retail
Preferred
102,588,779
7,059,084
–
109,647,863
Corporate
Bonds
–
3,156,090
–
3,156,090
Short-Term
Investments:
Repurchase
Agreements
–
2,740,000
–
2,740,000
Total
$
102,588,779
$
517,275,845
$
–
$
619,864,624
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.
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets
applicable
to
common
shares
unless
otherwise
noted.
(b)
Perpetual
security.
Maturity
date
is
not
applicable.
(c)
Investment,
or
portion
of
investment,
is
hypothecated.
The
total
value
of
investments
hypothecated
as
of
the
end
of
the
reporting
period
was
$157,928,484.
(d)
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
$143,191,471
have
been
pledged
as
collateral
for
reverse
repurchase
agreements.
(e)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(f)
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.
(g)
Borrowings
as
a
percentage
of
Total
Investments
is
27.4%.
(h)
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
$415,602,537
have
been
pledged
as
collateral
for
borrowings.
(i)
Reverse
Repurchase
Agreements,
including
accrued
interest
as
a
percentage
of
Total
investments
is
10.6%.
(j)
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
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.
TSFR
3M
CME
Term
SOFR
3
Month
Nuveen Preferred and Inc... (NYSE:JPI)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024 Plus de graphiques de la Bourse Nuveen Preferred and Inc...
Nuveen Preferred and Inc... (NYSE:JPI)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024 Plus de graphiques de la Bourse Nuveen Preferred and Inc...