Edgar Filing: NUVEEN FLOATING RATE INCOME FUND

Nuveen Floating Rate Income Fund

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-21494

Nuveen Floating Rate Income Fund

(Exact name of registrant as specified in charter)

333 West Wacker Drive, Chicago, Illinois 60606

(Address of principal executive offices) (Zip code)

Gifford R. Zimmerman—Vice President and Secretary

333 West Wacker Drive, Chicago, Illinois 60606

(Name and address of agent for service)

Registrant’s telephone number, including area code: 312-917-7700

Date of fiscal year end: July 31

Date of reporting period: October 31, 2018

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

JFR

Nuveen Floating Rate Income Fund

Portfolio of Investments October 31, 2018

(Unaudited)


Principal Amount (000)		Description (1)	Coupon (2)		Reference Rate (2)		Spread (2)		Maturity (3)		Ratings (4)		Value

		LONG-TERM INVESTMENTS – 156.9% (98.0% of Total Investments)

		VARIABLE RATE SENIOR LOAN INTERESTS – 131.1% (81.8% of Total Investments) (2)

		Aerospace & Defense – 2.5% (1.6% of Total Investments)

$	765	Rexnord LLC/ RBS Global, Inc., Term Loan, First Lien		4.295%		1-Month LIBOR		2.000%		8/21/24		BB+	$	767,286
	7,611	Sequa Corporation, Term Loan B		7.408%		3-Month LIBOR		5.000%		11/28/21		B		7,530,142
	2,654	Sequa Corporation, Term Loan, Second Lien		11.520%		3-Month LIBOR		9.000%		4/28/22		Caa2		2,610,612
	2,899	Transdigm, Inc., Term Loan E		4.802%		1-Month LIBOR		2.500%		5/30/25		Ba2		2,889,694
	978	Transdigm, Inc., Term Loan F		4.802%		1-Month LIBOR		2.500%		6/09/23		Ba2		974,551
	1,307	Transdigm, Inc., Term Loan G, First Lien		4.802%		1-Month LIBOR		2.500%		8/22/24		Ba2		1,302,618
	16,214	Total Aerospace & Defense												16,074,903

		Air Freight & Logistics – 0.9% (0.6% of Total Investments)

	2,000	Ceva Group PLC, Term Loan, First Lien		6.136%		3-Month LIBOR		3.750%		8/04/25		BB–		2,006,260
	1,651	PAE Holding Corporation, Term Loan B		7.886%		3-Month LIBOR		5.500%		10/20/22		B+		1,660,370
	2,166	XPO Logistics, Inc., Term Loan B		4.509%		3-Month LIBOR		2.000%		2/24/25		BBB–		2,173,743
	5,817	Total Air Freight & Logistics												5,840,373

		Airlines – 2.3% (1.4% of Total Investments)

	4,056	American Airlines, Inc., Replacement Term Loan		4.277%		1-Month LIBOR		2.000%		10/10/21		BB+		4,055,835
	3,354	American Airlines, Inc., Term Loan 2025		4.045%		1-Month LIBOR		1.750%		6/27/25		BB+		3,289,655
	7,611	American Airlines, Inc., Term Loan B, (DD1)		4.280%		1-Month LIBOR		2.000%		12/14/23		BB+		7,571,695
	15,021	Total Airlines												14,917,185

		Auto Components – 0.7% (0.4% of Total Investments)

	1,412	DexKo Global, Inc., Term Loan B		5.802%		1-Month LIBOR		3.500%		7/24/24		B1		1,417,890
	1,255	Horizon Global Corporation, Term Loan B		8.302%		1-Month LIBOR		6.000%		6/30/21		B2		1,218,997
	1,974	Superior Industries International, Inc., Term Loan B		6.302%		1-Month LIBOR		4.000%		5/22/24		B1		1,969,344
	4,641	Total Auto Components												4,606,231

		Automobiles – 0.9% (0.6% of Total Investments)

	4,588	Chrysler Group LLC, Term Loan		4.300%		1-Month LIBOR		2.000%		12/31/18		Baa2		4,597,657
	1,489	Navistar, Inc., Tranche B, Term Loan		5.780%		1-Month LIBOR		3.500%		11/06/24		Ba3		1,493,708
	6,077	Total Automobiles												6,091,365

		Beverages – 0.5% (0.3% of Total Investments)

	3,358	Jacobs Douwe Egberts, Term Loan B		4.625%		3-Month LIBOR		2.250%		10/23/25		BB		3,363,019

		Biotechnology – 0.8% (0.5% of Total Investments)

	5,418	Grifols, Inc., Term Loan B		4.467%		1-Week LIBOR		2.250%		1/31/25		BB+		5,428,579

		Building Products – 1.2% (0.8% of Total Investments)

	769	Fairmount, Initial Term Loan		6.136%		3-Month LIBOR		3.750%		6/01/25		BB		648,031
	651	Ply Gem Industries, Inc., Term Loan B		6.175%		3-Month LIBOR		3.750%		4/12/25		B+		649,259
	6,561	Quikrete Holdings, Inc., Term Loan B		5.052%		1-Month LIBOR		2.750%		11/15/23		BB–		6,544,179
	7,981	Total Building Products												7,841,469

		Capital Markets – 2.2% (1.4% of Total Investments)

	4,373	Capital Automotive LP, Term Loan, First Lien		4.810%		1-Month LIBOR		2.500%		3/25/24		B1		4,379,133
	3,482	Capital Automotive LP, Term Loan, Second Lien		8.302%		1-Month LIBOR		6.000%		3/24/25		B3		3,546,938
	6,060	RPI Finance Trust, Term Loan B6		4.386%		3-Month LIBOR		2.000%		3/27/23		BBB–		6,072,823
	13,915	Total Capital Markets												13,998,894

		Chemicals – 1.2% (0.7% of Total Investments)

	1,209	Ineos US Finance LLC, Term Loan		4.302%		1-Month LIBOR		2.000%		4/01/24		BBB–		1,208,330
	2,319	Mineral Technologies, Inc., Term Loan B2		4.750%		N/A		N/A		5/07/21		BB+		2,327,553
	600	SI Group, Term Loan B		7.186%		3-Month LIBOR		4.750%		10/15/25		BB–		598,125


JFR		Nuveen Floating Rate Income Fund (continued)
JFR		Portfolio of Investments October 31, 2018
		(Unaudited)


Principal Amount (000)		Description (1)	Coupon (2)		Reference Rate (2)		Spread (2)		Maturity (3)		Ratings (4)		Value

		Chemicals (continued)

$	3,392	Univar, Inc., Term Loan B		4.552%		1-Month LIBOR		2.250%		7/01/24		BB	$	3,395,981
	7,520	Total Chemicals												7,529,989

		Commercial Services & Supplies – 5.5% (3.4% of Total Investments)

	699	ADS Waste Holdings, Inc., Term Loan B		4.460%		1-Week LIBOR		2.250%		11/10/23		BB+		699,899
	3,461	Brand Energy & Infrastructure Services, Inc., Term Loan B, First Lien		6.732%		3-Month LIBOR		4.250%		6/16/24		B		3,481,379
	696	Education Management LLC, Tranche A, Term Loan, (6)		0.000%		N/A		N/A		7/02/20		N/R		48,721
	1,567	Education Management LLC, Tranche B, Term Loan, (6)		0.000%		N/A		N/A		7/02/20		N/R		58,766
	7,673	Formula One Group, Term Loan B		4.802%		1-Month LIBOR		2.500%		2/01/24		B+		7,602,998
	1,331	Fort Dearborn Holding Company, Inc., Term Loan, First Lien		6.407%		3-Month LIBOR		4.000%		10/19/23		B–		1,268,041
	2,375	Getty Images, Inc., Term Loan B, First Lien		5.802%		1-Month LIBOR		3.500%		10/18/19		B3		2,352,164
	2,500	GFL Environmental, Term Loan, (WI/DD)		TBD		TBD		TBD		TBD		B+		2,465,625
	4,440	iQor US, Inc., Term Loan, First Lien		7.400%		3-Month LIBOR		5.000%		4/01/21		Caa1		4,149,892
	500	iQor US, Inc., Term Loan, Second Lien		11.148%		3-Month LIBOR		8.750%		4/01/22		Caa3		398,125
	1,152	KAR Auction Services, Inc., Term Loan B5		4.938%		3-Month LIBOR		2.500%		3/09/23		Ba2		1,155,205
	1,283	LSC Communications, Refinancing Term Loan		7.802%		1-Month LIBOR		5.500%		9/30/22		B1		1,291,354
	3,430	Monitronics International, Inc., Term Loan B2, First Lien		7.886%		3-Month LIBOR		5.500%		9/30/22		Caa1		3,368,912
	3,289	Protection One, Inc., Term Loan		5.052%		1-Month LIBOR		2.750%		5/02/22		BB–		3,295,409
	1,950	Universal Services of America, Initial Term Loan, First Lien		6.136%		3-Month LIBOR		3.750%		7/28/22		BB		1,937,208
	1,750	Universal Services of America, Term Loan, Second Lien		10.794%		2-Month LIBOR		8.500%		7/28/23		CCC+		1,739,063
	341	West Corporation, Incremental Term Loan B1		6.026%		1-Month LIBOR		3.500%		10/10/24		Ba3		337,919
	38,437	Total Commercial Services & Supplies												35,650,680

		Communications Equipment – 4.2% (2.6% of Total Investments)

	5,558	Avaya, Inc., Tranche B Term Loan		6.530%		1-Month LIBOR		4.250%		12/15/24		BB–		5,587,096
	1,637	Mitel US Holdings, Inc., Incremental Term Loan		6.052%		1-Month LIBOR		3.750%		9/25/23		B+		1,637,124
	1,600	Mitel US Holdings, Inc., Term Loan, First Lien, (DD1)		0.000%		N/A		N/A		N/A		B		1,613,200
	734	MultiPlan, Inc., Term Loan B		5.136%		3-Month LIBOR		2.750%		6/07/23		B+		732,565
	2,261	Plantronics, Inc., Term Loan, B		4.802%		1-Month LIBOR		2.500%		7/02/25		Ba1		2,258,043
	15,965	Univision Communications, Inc., Term Loan C5		5.052%		1-Month LIBOR		2.750%		3/15/24		BB–		15,358,474
	27,755	Total Communications Equipment												27,186,502

		Construction & Engineering – 0.6% (0.4% of Total Investments)

	1,995	KBR, Inc., Term Loan B		6.045%		1-Month LIBOR		3.750%		4/25/25		B+		2,002,481
	1,760	Traverse Midstream Partners, Term Loan B		6.600%		6-Month LIBOR		4.000%		9/27/24		B+		1,774,202
	3,755	Total Construction & Engineering												3,776,683

		Consumer Finance – 0.8% (0.5% of Total Investments)

	2,492	Vantiv LLC, Repriced Term Loan B4		4.030%		1-Month LIBOR		1.750%		8/09/24		BBB–		2,490,494
	2,667	Verscend Technologies, Term Loan B		6.802%		1-Month LIBOR		4.500%		8/27/25		B+		2,691,254
	5,159	Total Consumer Finance												5,181,748

		Containers & Packaging – 0.2% (0.1% of Total Investments)

	1,397	Berry Global, Inc., Term Loan Q		4.277%		1-Month LIBOR		2.000%		10/01/22		BBB–		1,399,100

		Distributors – 0.3% (0.2% of Total Investments)

	1,995	SRS Distribution, Inc., Term Loan B		5.552%		1-Month LIBOR		3.250%		5/23/25		B		1,956,347

		Diversified Consumer Services – 2.4% (1.5% of Total Investments)

	5,813	Cengage Learning Acquisitions, Inc., Term Loan B		6.530%		1-Month LIBOR		4.250%		6/07/23		B		5,414,839
	4,064	Houghton Mifflin, Term Loan B, First Lien		5.295%		1-Month LIBOR		3.000%		5/28/21		B		3,745,637
	2,321	Laureate Education, Inc., Term Loan B		6.027%		3-Month LIBOR		3.500%		4/26/24		B+		2,328,794


Principal Amount (000)		Description (1)	Coupon (2)		Reference Rate (2)		Spread (2)		Maturity (3)		Ratings (4)		Value

		Diversified Consumer Services (continued)

$	4,000	Refinitiv US Holdings Inc., Term Loan B		6.052%		1-Month LIBOR		3.750%		10/01/25		BB+	$	3,965,000
	16,198	Total Diversified Consumer Services												15,454,270

		Diversified Financial Services – 2.3% (1.4% of Total Investments)

	962	Altisource Solutions S.A R.L., Term Loan B		6.386%		3-Month LIBOR		4.000%		4/03/24		B+		964,284
	1,706	Freedom Mortgage Corporation, Term Loan B		7.050%		1-Month LIBOR		4.750%		2/23/22		BB–		1,721,071
	844	Lions Gate Entertainment Corp., Term Loan B		4.552%		1-Month LIBOR		2.250%		3/24/25		Ba2		842,099
	2,032	Travelport LLC, Term Loan B		4.814%		3-Month LIBOR		2.500%		3/17/25		B+		2,032,218
	3,066	Veritas US, Inc., Term Loan B1		6.823%		3-Month LIBOR		4.500%		1/27/23		B		2,932,533
	6,592	Walter Investment Management Corporation, Tranche B, Term Loan, First Lien		8.302%		1-Month LIBOR		6.000%		6/30/22		Caa2		6,146,829
	15,202	Total Diversified Financial Services												14,639,034

		Diversified Telecommunication Services – 6.8% (4.2% of Total Investments)

	2,166	CenturyLink, Inc., Initial Term Loan A		5.052%		1-Month LIBOR		2.750%		11/01/22		BBB–		2,165,235
	9,626	CenturyLink, Inc., Term Loan B		5.052%		1-Month LIBOR		2.750%		1/31/25		BBB–		9,536,118
	5,796	Frontier Communications Corporation, Term Loan B		6.060%		1-Month LIBOR		3.750%		1/14/22		BB		5,628,185
	465	Intelsat Jackson Holdings, S.A., Term Loan B4		6.795%		1-Month LIBOR		4.500%		1/02/24		B1		484,658
	744	Intelsat Jackson Holdings, S.A., Term Loan B5		6.625%		N/A		N/A		1/02/24		B1		765,354
	5,683	Level 3 Financing, Inc., Tranche B, Term Loan		4.530%		1-Month LIBOR		2.250%		2/22/24		BBB–		5,693,906
	7,000	Numericable Group S.A., Term Loan B13		6.280%		1-Month LIBOR		4.000%		8/14/26		B1		6,874,595
	724	Windstream Corporation, Term Loan B6		6.290%		1-Month LIBOR		4.000%		3/29/21		BB		680,865
	12,000	Ziggo B.V., Term Loan E		4.780%		1-Month LIBOR		2.500%		4/15/25		BB		11,783,160
	44,204	Total Diversified Telecommunication Services												43,612,076

		Electric Utilities – 0.9% (0.6% of Total Investments)

	857	EFS Cogen Holdings LLC, Term Loan B		5.640%		3-Month LIBOR		3.250%		6/28/23		BB–		857,143
	3,200	Vistra Operations Co., Term Loan B1		4.302%		1-Month LIBOR		2.000%		8/01/23		BBB–		3,196,799
	1,713	Vistra Operations Co., Term Loan B3		4.293%		1-Month LIBOR		2.000%		12/31/25		BBB–		1,710,345
	5,770	Total Electric Utilities												5,764,287

		Electrical Equipment – 0.4% (0.3% of Total Investments)

	1,742	TTM Technologies, Inc., Term Loan B		4.756%		1-Month LIBOR		2.500%		9/28/24		BB+		1,745,403
	842	Zebra Technologies Corporation, Term Loan B		4.063%		3-Month LIBOR		1.750%		10/27/21		BB+		846,321
	2,584	Total Electrical Equipment												2,591,724

		Energy Equipment & Services – 1.7% (1.1% of Total Investments)

	1,408	Cypress Semiconductor Corp, Term Loan B		4.310%		1-Month LIBOR		2.000%		7/05/21		BB+		1,408,116
	4,975	McDermott International, Term Loan		7.302%		1-Month LIBOR		5.000%		5/12/25		BB–		4,924,006
	337	Ocean Rig UDW, Inc., Term Loan		8.000%		N/A		N/A		9/20/24		B		354,583
	4,706	Seadrill Partners LLC, Initial Term Loan		8.386%		3-Month LIBOR		6.000%		2/21/21		CCC+		4,379,436
	11,426	Total Energy Equipment & Services												11,066,141

		Equity Real Estate Investment Trusts – 1.0% (0.6% of Total Investments)

	6,642	Communications Sales & Leasing, Inc., Shortfall Term Loan		5.302%		1-Month LIBOR		3.000%		10/24/22		BB+		6,298,579

		Food & Staples Retailing – 4.5% (2.8% of Total Investments)

	2,940	Albertson’s LLC, Term Loan B5		5.381%		3-Month LIBOR		3.000%		12/21/22		Ba2		2,937,470
	1,887	Albertson’s LLC, Term Loan B6		5.311%		3-Month LIBOR		3.000%		6/22/23		Ba2		1,882,082
	21,571	Albertson’s LLC, Term Loan B7, (DD1)		0.000%		N/A		N/A		10/29/25		Ba2		21,431,690
	714	Del Monte Foods Company, Term Loan, First Lien		5.565%		N/A		N/A		2/18/21		CCC+		634,365
	1,667	Hearthside Group Holdings LLC, Term Loan B		5.302%		1-Month LIBOR		3.000%		5/23/25		B		1,641,046
	881	Save-A–Lot, Term Loan B		8.302%		1-Month LIBOR		6.000%		12/05/23		B3		633,996
	29,660	Total Food & Staples Retailing												29,160,649

		Food Products – 2.2% (1.3% of Total Investments)

	1,335	American Seafoods Group LLC, Term Loan B		5.060%		1-Month LIBOR		2.750%		8/21/23		BB–		1,334,062
	12,600	US Foods, Inc., Term Loan B		4.302%		1-Month LIBOR		2.000%		6/27/23		BBB–		12,595,679
	13,935	Total Food Products												13,929,741


JFR		Nuveen Floating Rate Income Fund (continued)
JFR		Portfolio of Investments October 31, 2018
		(Unaudited)


Principal Amount (000)		Description (1)	Coupon (2)		Reference Rate (2)		Spread (2)		Maturity (3)		Ratings (4)		Value

		Health Care Equipment & Supplies – 1.5% (1.0% of Total Investments)

$	2,051	Acelity, Term Loan B		5.636%		3-Month LIBOR		3.250%		2/02/24		B1	$	2,060,838
	1,275	Greatbatch, New Term Loan B		5.280%		1-Month LIBOR		3.000%		10/27/22		B+		1,281,874
	1,000	LifeScan, Term Loan B		8.396%		3-Month LIBOR		6.000%		10/01/24		B+		978,750
	2,234	Onex Carestream Finance LP, Term Loan, First Lien		6.302%		1-Month LIBOR		4.000%		6/07/19		B1		2,231,726
	2,328	Onex Carestream Finance LP, Term Loan, Second Lien		10.802%		1-Month LIBOR		8.500%		12/07/19		B–		2,324,774
	997	Vyaire Medical, Inc., Term Loan B		7.136%		3-Month LIBOR		4.750%		4/16/25		B2		982,538
	9,885	Total Health Care Equipment & Supplies												9,860,500

		Health Care Providers & Services – 6.6% (4.1% of Total Investments)

	1,879	Acadia Healthcare, Inc., Term Loan B3		4.802%		1-Month LIBOR		2.500%		2/11/22		Ba2		1,885,963
	1,209	Air Medical Group Holdings, Inc., Term Loan B		6.530%		1-Month LIBOR		4.250%		3/14/25		B1		1,188,811
	2,322	Air Medical Group Holdings, Inc., Term Loan B		5.534%		1-Month LIBOR		3.250%		4/28/22		B1		2,260,282
	997	Ardent Health, Term Loan, First Lien		6.802%		1-Month LIBOR		4.500%		6/30/25		B1		1,003,580
	2,748	Catalent Pharma Solutions, Inc., Term Loan B		4.552%		1-Month LIBOR		2.250%		5/20/24		BB		2,763,077
	1,670	Community Health Systems, Inc., Term Loan H		5.563%		3-Month LIBOR		3.250%		1/27/21		B		1,638,599
	1,424	Concentra, Inc., Term Loan B		5.030%		1-Month LIBOR		2.750%		10/01/22		B+		1,429,155
	1,079	ConvaTec, Inc., Term Loan B		4.636%		3-Month LIBOR		2.250%		10/25/23		BB		1,079,569
	674	DaVita HealthCare Partners, Inc., Tranche B, Term Loan		5.052%		1-Month LIBOR		2.750%		6/24/21		BBB–		675,728
	2,559	HCA, Inc., Term Loan A5		3.802%		1-Month LIBOR		1.500%		6/10/20		BBB–		2,568,087
	3,292	HCA, Inc., Term Loan B11		4.052%		1-Month LIBOR		1.750%		3/17/23		BBB–		3,308,536
	1,886	Healogics, Inc., Term Loan, First Lien		6.580%		3-Month LIBOR		4.250%		7/01/21		B–		1,777,580
	132	Heartland Dental Care, Inc., Delay Draw Facility, (5)		3.750%		N/A		N/A		4/30/25		B2		131,621
	877	Heartland Dental Care, Inc., Term Loan, First Lien		6.052%		1-Month LIBOR		3.750%		4/30/25		B2		875,280
	3,421	Kindred at Home Hospice, Term Loan B		6.063%		1-Month LIBOR		3.750%		7/02/25		B1		3,440,057
	1,000	Kindred at Home Hospice, Term Loan, Second Lien		9.313%		1-Month LIBOR		7.000%		6/21/26		CCC+		1,024,375
	2,875	McGraw-Hill Education Holdings LLC, Term Loan B		4.780%		1-Month LIBOR		2.500%		3/06/25		Ba2		2,883,069
	3,656	Millennium Laboratories, Inc., Term Loan B, First Lien		8.802%		1-Month LIBOR		6.500%		12/21/20		CCC+		2,028,962
	6,867	Pharmaceutical Product Development, Inc., Term Loan B		4.802%		1-Month LIBOR		2.500%		8/18/22		Ba3		6,855,421
	1,492	PharMerica, Term Loan, First Lien		5.780%		1-Month LIBOR		3.500%		12/06/24		B1		1,499,030
	1,492	Prospect Medical Holdings, Term Loan B1		7.813%		1-Month LIBOR		5.500%		2/22/24		B1		1,505,559
	269	Quorum Health Corp., Term Loan B		9.052%		1-Month LIBOR		6.750%		4/29/22		B1		272,589
	371	Vizient, Inc., Term Loan B		5.052%		1-Month LIBOR		2.750%		2/13/23		Ba3		373,104
	44,191	Total Health Care Providers & Services												42,468,034

		Health Care Technology – 1.1% (0.7% of Total Investments)

	6,825	Emdeon, Inc., Term Loan		5.173%		1-Month LIBOR		2.750%		3/01/24		Ba3		6,825,444

		Hotels, Restaurants & Leisure – 13.0% (8.1% of Total Investments)

	2,559	24 Hour Fitness Worldwide Inc., Term Loan, B		5.802%		1-Month LIBOR		3.500%		5/30/25		Ba3		2,566,540
	1,166	Aramark Corporation, Term Loan		4.052%		1-Month LIBOR		1.750%		3/11/25		BBB–		1,167,472
	995	Arby’s Restaurant Group, Inc., Term Loan B		5.460%		2-Month LIBOR		3.250%		2/05/25		B		994,169
	18,550	Burger King Corporation, Term Loan B3		4.552%		1-Month LIBOR		2.250%		2/16/24		Ba3		18,501,688
	3,524	Caesars Entertainment Operating Company, Inc., Term Loan B, (DD1)		4.302%		1-Month LIBOR		2.000%		10/06/24		BB		3,510,399
	4,962	Caesars Resort Collection, Term Loan, First Lien		5.052%		1-Month LIBOR		2.750%		12/23/24		BB		4,969,745
	2,018	CCM Merger, Inc., Term Loan B		4.552%		1-Month LIBOR		2.750%		8/09/21		BB		2,023,789
	4,594	CityCenter Holdings LLC, Term Loan B		4.552%		1-Month LIBOR		2.250%		4/18/24		BB–		4,590,659
	2,691	Equinox Holdings, Inc., Term Loan B1		5.302%		1-Month LIBOR		3.000%		3/08/24		B+		2,703,536
	982	Four Seasons Holdings, Inc., Term Loan B		4.302%		1-Month LIBOR		2.000%		11/30/23		BB		983,900
	9,579	Hilton Hotels, Term Loan B		4.031%		1-Month LIBOR		1.750%		10/25/23		BBB–		9,600,231
	3,839	Intrawest Resorts Holdings, Inc., Term Loan B		5.302%		1-Month LIBOR		3.000%		7/31/24		B		3,848,948
	2,507	Life Time Fitness, Inc., Term Loan B		5.063%		3-Month LIBOR		2.750%		6/10/22		BB–		2,509,223
	3,330	MGM Growth Properties, Term Loan B		4.302%		1-Month LIBOR		2.000%		4/25/25		BB+		3,323,866
	11,271	Scientific Games Corp., Initial Term Loan B5		5.046%		1-Month LIBOR		2.750%		8/14/24		Ba3		11,177,436
	3,182	Seaworld Parks and Entertainment, Inc., Term Loan B5		5.302%		1-Month LIBOR		3.000%		4/01/24		B		3,180,746
	2,693	Stars Group Holdings, Term Loan B		5.886%		3-Month LIBOR		3.500%		7/10/25		B+		2,708,211
	3,453	Station Casino LLC, Term Loan B		4.810%		1-Month LIBOR		2.500%		6/08/23		BB–		3,454,820
	2,000	Wyndham International, Inc., Term Loan B		4.052%		1-Month LIBOR		1.750%		5/30/25		BBB–		2,001,670
	83,895	Total Hotels, Restaurants & Leisure												83,817,048


Principal Amount (000)		Description (1)	Coupon (2)		Reference Rate (2)		Spread (2)		Maturity (3)		Ratings (4)		Value

		Household Durables – 0.3% (0.2% of Total Investments)

$	2,291	Serta Simmons Holdings LLC, Term Loan, First Lien		5.775%		1-Month LIBOR		3.500%		11/08/23		B–	$	2,071,941

		Household Products – 0.8% (0.5% of Total Investments)

	1,000	Energizer Holdings, Term Loan B, (WI/DD)		TBD		TBD		TBD		TBD		BB+		1,002,815
	3,793	Reynolds Group Holdings, Inc., Term Loan, First Lien		5.052%		1-Month LIBOR		2.750%		2/05/23		B+		3,800,590
	4,793	Total Household Products												4,803,405

		Independent Power & Renewable Electricity Producers – 1.0% (0.6% of Total Investments)

	6,467	NRG Energy, Inc., Term Loan B		4.136%		3-Month LIBOR		1.750%		6/30/23		BBB–		6,451,104

		Industrial Conglomerates – 0.2% (0.1% of Total Investments)

	1,493	Education Advisory Board, Term Loan, First Lien		6.406%		3-Month LIBOR		3.750%		11/15/24		B2		1,481,306

		Insurance – 2.2% (1.4% of Total Investments)

	985	Acrisure LLC, Term Loan B		6.552%		1-Month LIBOR		4.250%		11/22/23		B		989,158
	6,134	Alliant Holdings I LLC, Term Loan B		5.280%		1-Month LIBOR		3.000%		5/09/25		B		6,137,718
	4,007	Asurion LLC, Term Loan B6		5.302%		1-Month LIBOR		3.000%		11/03/23		Ba3		4,016,562
	3,360	Hub International Holdings, Inc., Term Loan B		5.490%		3-Month LIBOR		3.000%		4/25/25		B		3,354,860
	14,486	Total Insurance												14,498,298

		Interactive Media & Services – 0.2% (0.1% of Total Investments)

	1,513	Rackspace Hosting, Inc., Refinancing Term B Loan, First Lien		5.348%		3-Month LIBOR		3.000%		11/03/23		BB+		1,471,283

		Internet and Direct Marketing Retail – 0.9% (0.6% of Total Investments)

	746	Uber Technologies, Inc., Term Loan		5.780%		1-Month LIBOR		3.500%		7/13/23		N/R		747,245
	4,995	Uber Technologies, Inc., Term Loan, (DD1)		6.281%		1-Month LIBOR		4.000%		4/04/25		N/R		5,000,220
	5,741	Total Internet and Direct Marketing Retail												5,747,465

		Internet Software & Services – 0.8% (0.5% of Total Investments)

	1,955	Ancestry.com, Inc., Term Loan, First Lien		5.550%		1-Month LIBOR		3.250%		10/19/23		B		1,965,264
	1,083	Dynatrace, Term Loan, First Lien		5.552%		1-Month LIBOR		3.250%		8/22/25		B1		1,091,688
	110	Dynatrace, Term Loan, Second Lien		9.302%		1-Month LIBOR		7.000%		8/21/26		CCC+		111,464
	2,448	SkillSoft Corporation, Term Loan, Second Lien		10.552%		1-Month LIBOR		8.250%		4/28/22		CCC–		1,952,900
	5,596	Total Internet Software & Services												5,121,316

		IT Services – 5.9% (3.7% of Total Investments)

	1,130	DTI Holdings, Inc., Replacement Term Loan B1		7.276%		2-Month LIBOR		4.750%		9/29/23		B		1,081,524
	1,068	Engility Corporation, Term Loan B2		5.052%		N/A		N/A		8/11/23		BB–		1,071,388
	3,007	First Data Corporation, Term Loan, First Lien		4.287%		1-Month LIBOR		2.000%		7/10/22		BB+		3,000,494
	9,528	First Data Corporation, Term Loan, First Lien		4.287%		1-Month LIBOR		2.000%		4/26/24		BB+		9,487,511
	1,690	Gartner, Inc., Term Loan A		4.052%		1-Month LIBOR		1.750%		3/21/22		Ba1		1,696,241
	2,992	GTT Communications, Inc., Term Loan, First Lien		5.050%		1-Month LIBOR		2.750%		6/02/25		BB–		2,956,620
	700	Presidio, Inc., Term Loan B		5.145%		3-Month LIBOR		2.750%		2/02/24		B+		701,026
	3,633	Sabre, Inc., Term Loan B		4.302%		1-Month LIBOR		2.000%		2/22/24		BB		3,635,682
	860	Science Applications International Corporation, Term Loan B, (WI/DD)		TBD		TBD		TBD		TBD		BB		859,808
	3,500	Syniverse Holdings, Inc., Initial Term Loan, Second Lien		11.280%		1-Month LIBOR		9.000%		3/11/24		CCC+		3,392,077
	4,677	Syniverse Holdings, Inc., Tranche Term Loan C		7.280%		1-Month LIBOR		5.000%		3/09/23		B		4,710,592
	2,469	Tempo Acquisition LLC, Term Loan B		5.302%		1-Month LIBOR		3.000%		5/01/24		B1		2,473,688
	1,277	West Corporation, Term Loan B		6.526%		3-Month LIBOR		4.000%		10/10/24		BB+		1,273,123
	1,466	WEX, Inc., Term Loan B		4.552%		1-Month LIBOR		2.250%		7/01/23		BB–		1,470,832
	37,997	Total IT Services												37,810,606

		Life Sciences Tools & Services – 0.3% (0.2% of Total Investments)

	609	Inventiv Health, Inc., Term Loan B		4.302%		1-Month LIBOR		2.000%		8/01/24		BB		608,823
	1,485	Parexel International Corp., Term Loan B		5.052%		1-Month LIBOR		2.750%		9/27/24		B1		1,466,675
	2,094	Total Life Sciences Tools & Services												2,075,498


JFR		Nuveen Floating Rate Income Fund (continued)
JFR		Portfolio of Investments October 31, 2018
		(Unaudited)


Principal Amount (000)		Description (1)	Coupon (2)		Reference Rate (2)		Spread (2)		Maturity (3)		Ratings (4)		Value

		Machinery – 1.0% (0.6% of Total Investments)

$	1,011	BJ’s Wholesale Club, Inc., Term Loan B, First Lien		5.280%		1-Month LIBOR		3.000%		2/01/24		B+	$	1,014,367
	2,598	Gardner Denver, Inc., Term Loan B		5.052%		1-Month LIBOR		2.750%		7/30/24		BB		2,606,644
	1,463	Gates Global LLC, Term Loan B		5.052%		1-Month LIBOR		2.750%		4/01/24		B+		1,466,502
	895	TNT Crane and Rigging Inc., Initial Term Loan, First Lien		6.886%		3-Month LIBOR		4.500%		11/27/20		CCC+		856,436
	850	TNT Crane and Rigging, Inc., Term Loan, Second Lien		11.386%		3-Month LIBOR		9.000%		11/26/21		CCC–		742,900
	6,817	Total Machinery												6,686,849

		Marine – 0.6% (0.4% of Total Investments)

	1,313	American Commercial Lines LLC, Term Loan B, First Lien		11.052%		1-Month LIBOR		8.750%		11/12/20		CCC+		1,007,107
	3,119	Harvey Gulf International Marine, Inc., Exit Term Loan		8.508%		6-Month LIBOR		6.000%		7/02/23		B		3,150,628
	4,432	Total Marine												4,157,735

		Media – 13.1% (8.2% of Total Investments)

	2,057	Advantage Sales & Marketing, Inc., Term Loan, First Lien		5.552%		1-Month LIBOR		3.250%		7/23/21		B1		1,879,351
	1,274	Affinion Group Holdings, Inc., Term Loan, First Lien		10.040%		1-Month LIBOR		7.750%		5/10/22		B2		1,303,818
	6,159	Cequel Communication LLC, Term Loan B, (WI/DD)		TBD		TBD		TBD		TBD		BB		6,155,789
	8,286	Catalina Marketing Corporation, Term Loan, First Lien, (6)		5.813%		3-Month LIBOR		3.500%		4/09/21		B2		3,148,749
	2,000	Catalina Marketing Corporation, Term Loan, Second Lien, (6)		9.063%		3-Month LIBOR		6.750%		4/11/22		Caa2		178,750
	4,888	Charter Communications Operating Holdings LLC, Term Loan B		4.310%		1-Month LIBOR		2.000%		4/30/25		BBB–		4,893,879
	2,983	Cineworld Group PLC, Term Loan B		4.802%		1-Month LIBOR		2.500%		2/28/25		BB–		2,973,961
	6,897	Clear Channel Communications, Inc., Tranche D, Term Loan, (6)		0.000%		N/A		N/A		1/30/19		CC		5,005,822
	9,868	Clear Channel Communications, Inc., Term Loan E, (6)		0.000%		N/A		N/A		7/30/19		CC		7,151,428
	2,239	CSC Holdings LLC, Term Loan B		4.780%		1-Month LIBOR		2.500%		1/25/26		BB+		2,240,496
	9,338	Cumulus Media, Inc., Exit Term Loan		6.810%		1-Month LIBOR		4.500%		5/13/22		B		9,239,290
	830	Gray Television, Inc., Term Loan B2		4.515%		1-Month LIBOR		2.250%		2/07/24		BB+		831,058
	2,881	IMG Worldwide, Inc., Term Loan B		5.280%		3-Month LIBOR		2.750%		5/18/25		B		2,881,103
	4,033	Intelsat Jackson Holdings, S.A., Term Loan B, (DD1)		6.045%		1-Month LIBOR		3.750%		11/30/23		B1		4,042,580
	3,922	McGraw-Hill Education Holdings LLC, Term Loan B		6.302%		1-Month LIBOR		4.000%		5/02/22		BB+		3,772,545
	3,546	Meredith Corporation, Tranche Term Loan B1		5.052%		1-Month LIBOR		2.750%		1/31/25		BB		3,545,006
	2,000	Metro-Goldwyn-Mayer Inc., Term Loan, First Lien		4.810%		1-Month LIBOR		2.500%		7/03/25		BB		2,005,150
	1,250	Metro-Goldwyn-Mayer Inc., Term Loan, Second Lien		6.810%		1-Month LIBOR		4.500%		7/03/26		B2		1,254,300
	4,002	Nexstar Broadcasting, Inc., Term Loan B3, (WI/DD)		TBD		TBD		TBD		TBD		BB+		4,004,869
	640	Nexstar Broadcasting, Inc., Term Loan B3, (WI/DD)		TBD		TBD		TBD		TBD		BB+		640,651
	533	Red Ventures, Term Loan B		6.302%		1-Month LIBOR		4.000%		11/08/24		BB		536,400
	2,736	Sinclair Television Group, Term Loan B2		4.560%		1-Month LIBOR		2.250%		1/31/24		BB+		2,745,474
	2,876	Springer Science & Business Media, Inc., Term Loan B13, First Lien		5.886%		3-Month LIBOR		3.500%		8/15/22		B		2,888,202
	3,066	UPC Financing Partnership, Term Loan AR1, First Lien		4.780%		1-Month LIBOR		2.500%		1/15/26		BB+		3,058,926
	8,250	WideOpenWest Finance LLC, Term Loan B		5.540%		1-Month LIBOR		3.250%		8/18/23		B		7,988,283
	96,554	Total Media												84,365,880

		Multiline Retail – 1.4% (0.9% of Total Investments)

	3,097	99 Cents Only Stores, Tranche B2, Term Loan, Second Lien, (cash 8.853%, PIK 1.500%)		8.853%		3-Month LIBOR		6.500%		1/13/22		CCC+		2,982,639
	1,204	Belk, Inc., Term Loan B, First Lien		7.034%		1-Month LIBOR		4.750%		12/12/22		B2		1,014,668
	1,990	EG America LLC, Term Loan, First Lien		6.386%		3-Month LIBOR		4.000%		2/07/25		B		1,994,726
	1,382	Hudson’s Bay Company, Term Loan B, First Lien		5.545%		1-Month LIBOR		3.250%		9/30/22		BB–		1,362,802
	1,863	Neiman Marcus Group, Inc., Term Loan		5.531%		1-Month LIBOR		3.250%		10/25/20		Caa2		1,700,881
	9,536	Total Multiline Retail												9,055,716


Principal Amount (000)		Description (1)	Coupon (2)		Reference Rate (2)		Spread (2)		Maturity (3)		Ratings (4)		Value

		Oil, Gas & Consumable Fuels – 1.8% (1.1% of Total Investments)

$	1,451	BCP Renaissance Parent, Term Loan B		6.027%		3-Month LIBOR		3.500%		10/31/24		BB–	$	1,458,163
	1,750	California Resources Corporation, Term Loan		12.670%		1-Month LIBOR		10.375%		12/31/21		B		1,952,711
	2,350	California Resources Corporation, Term Loan B		7.037%		1-Month LIBOR		4.750%		12/31/22		B		2,391,125
	3,333	Fieldwood Energy LLC, Exit Term Loan		7.552%		1-Month LIBOR		5.250%		4/11/22		BB–		3,360,288
	1,158	Fieldwood Energy LLC, Exit Term Loan, second Lien		9.552%		1-Month LIBOR		7.250%		4/11/23		B+		1,119,988
	1,453	Peabody Energy Corporation, Term Loan B		5.052%		1-Month LIBOR		2.750%		3/31/25		BB		1,452,678
	65	Southcross Holdings Borrower L.P., Term Loan B, First Lien, (cash 3.500%, PIK 5.500%)		3.500%		N/A		N/A		4/13/23		CCC		64,927
	11,560	Total Oil, Gas & Consumable Fuels												11,799,880

		Personal Products – 1.7% (1.1% of Total Investments)

	6,172	Coty, Inc., Term Loan A		4.031%		1-Month LIBOR		1.750%		4/05/23		BB+		6,017,578
	1,995	Coty, Inc., Term Loan B		4.531%		1-Month LIBOR		2.250%		4/07/25		BB+		1,959,250
	4,380	Revlon Consumer Products Corporation, Term Loan B, First Lien		5.813%		3-Month LIBOR		3.500%		11/16/20		B3		3,223,299
	12,547	Total Personal Products												11,200,127

		Pharmaceuticals – 1.3% (0.8% of Total Investments)

	1,313	Alphabet Holding Company, Inc., Initial Term Loan, First Lien		5.802%		1-Month LIBOR		3.500%		9/26/24		B–		1,261,305
	4,713	Concordia International Corp, Term Loan,		7.781%		1-Month LIBOR		5.500%		9/06/24		B–		4,630,522
	2,298	Valeant Pharmaceuticals International, Inc., Term Loan, First Lien		5.274%		1-Month LIBOR		3.000%		6/02/25		BB–		2,302,213
	8,324	Total Pharmaceuticals												8,194,040

		Professional Services – 1.7% (1.0% of Total Investments)

	2,256	Ceridian HCM Holding, Inc., Term Loan B		5.552%		1-Month LIBOR		3.250%		4/30/25		B		2,267,705
	2,955	Nielsen Finance LLC, Term Loan B4		4.281%		1-Month LIBOR		2.000%		10/04/23		BBB–		2,945,145
	1,197	On Assignment, Inc., Term Loan B		4.302%		1-Month LIBOR		2.000%		4/02/25		BB		1,200,666
	4,744	Skillsoft Corporation, Initial Term Loan, First Lien		7.052%		1-Month LIBOR		4.750%		4/28/21		B3		4,395,364
	11,152	Total Professional Services												10,808,880

		Real Estate Management & Development – 1.6% (1.0% of Total Investments)

	4,750	GGP, Term Loan B		4.795%		1-Month LIBOR		2.500%		8/27/25		BB+		4,682,146
	1,481	Realogy Group LLC, Term Loan A		4.530%		1-Month LIBOR		2.250%		2/08/23		BB+		1,481,250
	1,848	Realogy Group LLC, Term Loan B		4.530%		1-Month LIBOR		2.250%		2/08/25		BB+		1,845,695
	1,975	Trico Group LLC, Term Loan, First Lien		8.813%		3-Month LIBOR		6.500%		2/02/24		B		1,982,406
	10,054	Total Real Estate Management & Development												9,991,497

		Road & Rail – 2.3% (1.5% of Total Investments)

	11,174	Avolon LLC, Term Loan B		4.280%		1-Month LIBOR		2.000%		1/15/25		BBB–		11,159,607
	1,945	Quality Distribution, Incremental Term Loan, First Lien		7.886%		3-Month LIBOR		5.500%		8/18/22		B2		1,970,528
	1,948	Savage Enterprises LLC, Term Loan B		6.770%		1-Month LIBOR		4.500%		8/01/25		B+		1,967,205
	15,067	Total Road & Rail												15,097,340

		Semiconductors & Semiconductor Equipment – 1.2% (0.7% of Total Investments)

	1,302	Lumileds, Term Loan B		5.859%		3-Month LIBOR		3.500%		6/30/24		B1		1,276,925
	2,713	Microchip Technology., Inc., Term Loan B		4.310%		1-Month LIBOR		2.000%		5/29/25		Baa3		2,706,896
	1,711	Micron Technology, Inc., Term Loan B		4.060%		1-Month LIBOR		1.750%		4/10/22		Baa2		1,714,902
	2,021	ON Semiconductor Corporation, Term Loan B3		4.052%		1-Month LIBOR		1.750%		3/31/23		Baa3		2,020,459
	7,747	Total Semiconductors & Semiconductor Equipment												7,719,182

		Software – 11.9% (7.4% of Total Investments)

	4,312	Blackboard, Inc., Term Loan B4, (DD1)		7.445%		3-Month LIBOR		5.000%		6/30/21		B–		4,127,970
	7,340	BMC Software, Inc., Term Loan B		6.648%		3-Month LIBOR		4.250%		9/01/25		B		7,374,878
	685	Compuware Corporation, Term Loan, First Lien		5.787%		1-Month LIBOR		3.500%		8/25/25		B1		691,253
	3,623	Ellucian, Term Loan B, First Lien		5.636%		3-Month LIBOR		3.250%		9/30/22		B		3,634,870
	4,422	Greeneden U.S. Holdings II LLC, Term Loan B		5.802%		1-Month LIBOR		3.500%		12/01/23		B		4,443,808
	12,045	Infor (US), Inc., Term Loan B		4.992%		3-Month LIBOR		2.750%		2/01/22		B1		12,016,282
	2,505	Informatica, Term Loan B		5.552%		1-Month LIBOR		3.250%		8/05/22		B1		2,517,878


JFR		Nuveen Floating Rate Income Fund (continued)
JFR		Portfolio of Investments October 31, 2018
		(Unaudited)


Principal Amount (000)		Description (1)	Coupon (2)		Reference Rate (2)		Spread (2)		Maturity (3)		Ratings (4)		Value

		Software (continued)

$	1,478	Kronos Incorporated, Term Loan B		5.343%		3-Month LIBOR		3.000%		11/20/23		B	$	1,481,873
	1,000	McAfee Holdings International, Inc., Term Loan, Second Lien		10.795%		1-Month LIBOR		8.500%		9/29/25		B–		1,020,940
	4,279	McAfee LLC, Term Loan B		6.049%		1-Month LIBOR		4.500%		9/29/24		B1		4,298,149
	1,152	Micro Focus International PLC, New Term Loan		4.802%		1-Month LIBOR		2.500%		6/21/24		BB–		1,150,836
	7,780	Micro Focus International PLC, Term Loan B		4.802%		1-Month LIBOR		2.500%		6/21/24		BB–		7,771,882
	5,449	Micro Focus International PLC, Term Loan B2		4.552%		1-Month LIBOR		2.250%		11/19/21		BB–		5,420,493
	893	Misys, New Term Loan, Second Lien		9.636%		3-Month LIBOR		7.250%		6/13/25		BB–		882,090
	995	Mitchell International, Inc., Initial Term Loan, First Lien		5.552%		1-Month LIBOR		3.250%		11/29/24		B2		992,279
	667	Mitchell International, Inc., Initial Term Loan, Second Lien		9.552%		1-Month LIBOR		7.250%		12/01/25		CCC		670,937
	1,965	RP Crown Parent LLC, Term Loan B		5.052%		1-Month LIBOR		2.750%		10/15/23		B1		1,964,509
	5,643	SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Term Loan B3		4.552%		1-Month LIBOR		2.250%		4/16/25		BB		5,621,150
	2,187	SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Term Loan B4		4.552%		1-Month LIBOR		2.250%		4/16/25		BB		2,178,758
	8,654	Tibco Software, Inc., Term Loan, First Lien		5.800%		1-Month LIBOR		3.500%		12/04/20		B1		8,683,981
	77,074	Total Software												76,944,816

		Specialty Retail – 1.6% (1.0% of Total Investments)

	2,390	Academy, Ltd., Term Loan B		6.259%		1-Month LIBOR		4.000%		7/01/22		CCC+		1,790,396
	6,399	Petco Animal Supplies, Inc., Term Loan B1		5.777%		3-Month LIBOR		3.250%		1/26/23		B2		4,981,633
	3,855	Petsmart Inc., Term Loan B, First Lien		5.280%		1-Month LIBOR		3.000%		3/11/22		B3		3,279,146
	12,644	Total Specialty Retail												10,051,175

		Technology Hardware, Storage & Peripherals – 5.7% (3.5% of Total Investments)

	5,708	Dell International LLC, Replacement Term Loan A2		4.060%		1-Month LIBOR		1.750%		9/07/21		BBB–		5,707,137
	1,532	Dell International LLC, Replacement Term Loan A3		3.810%		1-Month LIBOR		1.500%		12/31/18		BBB–		1,532,348
	18,653	Dell International LLC, Refinancing Term Loan B		4.310%		1-Month LIBOR		2.000%		9/07/23		BBB–		18,654,258
	10,606	Western Digital, Term Loan B		4.044%		1-Month LIBOR		1.750%		4/29/23		Baa2		10,560,086
	36,499	Total Technology Hardware, Storage & Peripherals												36,453,829

		Trading Companies & Distributors – 0.0% (0.0% of Total Investments)

	284	HD Supply Waterworks, Ltd., Term Loan B		5.317%		3-Month LIBOR		3.000%		8/01/24		B+		283,977

		Wireless Telecommunication Services – 2.4% (1.5% of Total Investments)

	4,373	Asurion LLC, Term Loan B4		5.302%		1-Month LIBOR		3.000%		8/04/22		Ba3		4,386,373
	11,328	Sprint Corporation, Term Loan, First Lien		4.813%		1-Month LIBOR		2.500%		2/02/24		Ba2		11,336,335
	15,701	Total Wireless Telecommunication Services												15,722,708
$	873,340	Total Variable Rate Senior Loan Interests (cost $864,653,742)												846,396,447

Principal Amount (000)		Description (1)					Coupon		Maturity		Ratings (4)		Value

		CORPORATE BONDS – 20.2% (12.6% of Total Investments)

		Banks – 0.1% (0.1% of Total Investments)

$	700	Wells Fargo & Company						3.661%		3/04/21		A+	$	714,216

		Communications Equipment – 2.4% (1.5% of Total Investments)

	210	Avaya Holdings Corporation, (6), (7)						7.000%		4/01/19		N/R		—
	5,150	Avaya Holdings Corporation, (6), (7)						10.500%		3/01/21		N/R		—
	8,702	Intelsat Jackson Holdings SA						5.500%		8/01/23		CCC+		7,788,290
	7,080	Intelsat Jackson Holdings SA, 144A						9.750%		7/15/25		CCC+		7,416,300
	21,142	Total Communications Equipment												15,204,590

		Containers & Packaging – 0.9% (0.5% of Total Investments)

	5,718	Reynolds Group Issuer Inc.						5.750%		10/15/20		B+		5,717,736



Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (4)		Value

		Diversified Financial Services – 0.4% (0.2% of Total Investments)

$	2,275	JPMorgan Chase & Company		2.877%		3/09/21		AA–	$	2,277,923

		Diversified Telecommunication Services – 2.5% (1.6% of Total Investments)

	1,730	CSC Holdings LLC, 144A		10.125%		1/15/23		B+		1,877,863
	3,350	CSC Holdings LLC, 144A		10.875%		10/15/25		B+		3,865,062
	11,064	Intelsat Luxembourg SA		7.750%		6/01/21		Ca		10,455,480
	16,144	Total Diversified Telecommunication Services								16,198,405

		Health Care Providers & Services – 1.6% (1.0% of Total Investments)

	7,000	HCA Inc.		6.500%		2/15/20		BBB–		7,227,500
	1,260	Tenet Healthcare Corporation		4.750%		6/01/20		BB–		1,263,150
	830	Tenet Healthcare Corporation		6.000%		10/01/20		BB–		849,961
	1,200	Tenet Healthcare Corporation		4.500%		4/01/21		BB–		1,194,000
	10,290	Total Health Care Providers & Services								10,534,611

		Hotels, Restaurants & Leisure – 1.2% (0.7% of Total Investments)

	2,000	MGM Resorts International		5.250%		3/31/20		BB		2,025,000
	5,500	Scientific Games International Inc.		10.000%		12/01/22		B–		5,747,500
	7,500	Total Hotels, Restaurants & Leisure								7,772,500

		Household Durables – 1.4% (0.9% of Total Investments)

	6,780	Lennar Corporation		4.125%		12/01/18		BBB–		6,771,525
	2,100	Lennar Corporation		4.500%		11/15/19		BBB–		2,107,875
	8,880	Total Household Durables								8,879,400

		Media – 3.8% (2.4% of Total Investments)

	1,000	CCO Holdings LLC		5.750%		9/01/23		BB+		1,007,500
	200	Charter Communications Operating LLC		3.579%		7/23/20		BBB–		199,734
	645	DISH DBS Corporation		5.125%		5/01/20		BB		646,612
	2,000	DISH DBS Corporation		5.875%		7/15/22		BB		1,890,000
	2,500	DISH DBS Corporation		5.875%		11/15/24		BB		2,125,000
	2,000	Hughes Satellite Systems Corporation		6.500%		6/15/19		BBB–		2,027,700
	4,812	iHeartCommunications Inc., (6)		9.000%		12/15/19		CC		3,464,640
	16,459	iHeartCommunications Inc., (6)		14.000%		2/01/21		C		1,954,546
	1,762	iHeartCommunications Inc., 144A, (6)		11.250%		3/01/21		C		1,215,780
	8,250	iHeartCommunications Inc., (6)		9.000%		3/01/21		CC		5,960,625
	4,960	Intelsat Luxembourg SA		8.125%		6/01/23		CCC–		4,167,144
	44,588	Total Media								24,659,281

		Oil, Gas & Consumable Fuels – 1.5% (0.9% of Total Investments)

	6,905	California Resources Corporation, 144A		8.000%		12/15/22		B–		6,145,450
	700	Denbury Resources Inc.		6.375%		8/15/21		CCC+		651,000
	2,547	Denbury Resources Inc., 144A		9.250%		3/31/22		B+		2,655,248
	225	EP Energy LLC, 144A		9.375%		5/01/24		Caa2		171,000
	10,377	Total Oil, Gas & Consumable Fuels								9,622,698

		Pharmaceuticals – 0.5% (0.3% of Total Investments)

	2,000	Bausch Health Cos Inc., 144A		6.500%		3/15/22		BB–		2,070,000
	1,165	Concordia International Corporation		8.000%		9/06/24		B3		1,138,788
	3,165	Total Pharmaceuticals								3,208,788

		Real Estate Management & Development – 0.6% (0.4% of Total Investments)

	4,250	Realogy Group LLC, 144A		5.250%		12/01/21		B1		4,175,625

		Semiconductors & Semiconductor Equipment – 0.4% (0.2% of Total Investments)

	1,564	Advanced Micro Devices Inc.		7.500%		8/15/22		B+		1,712,580
	930	Advanced Micro Devices Inc.		7.000%		7/01/24		B+		968,363
	2,494	Total Semiconductors & Semiconductor Equipment								2,680,943


JFR		Nuveen Floating Rate Income Fund (continued)
JFR		Portfolio of Investments October 31, 2018
		(Unaudited)



Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (4)		Value

		Software – 0.9% (0.6% of Total Investments)

$	3,650	Infor US Inc., 144A		5.750%		8/15/20		B1	$	3,691,062
	2,000	TIBCO Software Inc., 144A		11.375%		12/01/21		CCC+		2,120,000
	5,650	Total Software								5,811,062

		Wireless Telecommunication Services – 2.0% (1.3% of Total Investments)

	750	Level 3 Financing Inc.		5.375%		8/15/22		BB		750,937
	2,250	Sprint Communications Inc.		7.000%		8/15/20		B+		2,328,750
	7,750	Sprint Corporation		7.875%		9/15/23		B+		8,273,125
	1,750	Sprint Corporation		7.125%		6/15/24		B+		1,789,375
	12,500	Total Wireless Telecommunication Services								13,142,187
$	155,673	Total Corporate Bonds (cost $137,886,359)								130,599,965

Shares		Description (1)							Value

		COMMON STOCKS – 2.4% (1.5% of Total Investments)

		Diversified Consumer Services – 0.1% (0.1% of Total Investments)

	56,310	Cengage Learning Holdings II Inc., (8), (9)							$	511,464

		Energy Equipment & Services – 0.5% (0.3% of Total Investments)

	39,026	C&J Energy Services Inc., (8)								732,908
	51,606	Ocean Rig UDW Inc., (8)								1,563,146
	2,712	Vantage Drilling International, (8), (9)								828,969
		Total Energy Equipment & Services								3,125,023

		Health Care Providers & Services – 0.0% (0.0% of Total Investments)

	74,059	Millennium Health LLC, (8), (9)								4,295
	68,990	Millennium Health LLC, (7), (8)								136,626
	64,762	Millennium Health LLC, (7), (8)								121,776
		Total Health Care Providers & Services								262,697

		Marine – 0.3% (0.2% of Total Investments)

	32,786	HGIM Corporation, (9)								1,737,658
	7,338	HGIM Corporation, (8), (9)								388,914
		Total Marine								2,126,572

		Media – 0.7% (0.4% of Total Investments)

	119,154	Cumulus Media Inc., (8)								1,734,882
	1,973,746	Hibu PLC, (8), (9)								592,124
	26,045	Metro-Goldwyn-Mayer Inc., (8), (9)								2,200,803
	45,941	Tribune Media Company, (9)								22,971
		Total Media								4,550,780

		Oil, Gas & Consumable Fuels – 0.0% (0.0% of Total Investments)

	64	Southcross Holdings Borrower LP, (8), (9)								48,000

		Pharmaceuticals – 0.1% (0.1% of Total Investments)

	34,292	Concordia International Corporation, (8)								696,549

		Software – 0.7% (0.4% of Total Investments)

	254,188	Avaya Holdings Corporation, (8)								4,173,771

		Specialty Retail – 0.0% (0.0% of Total Investments)

	10,908	Gymboree Holding Corporation, (8), (9)								51,813
	29,698	Gymboree Holding Corporation, (8), (9)								141,066
		Total Specialty Retail								192,879
		Total Common Stocks (cost $23,249,546)								15,687,735


Shares		Description (1), (10)							Value

		INVESTMENTS COMPANIES – 1.7% (1.1% of Total Investments)

	353,668	Eaton Vance Floating-Rate Income Trust Fund							$	4,859,398
	968,586	Eaton Vance Senior Income Trust								6,024,605
		Total Investment Companies (cost $11,981,509)								10,884,003

Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (4)		Value

		ASSET-BACKED SECURITIES – 1.4% (0.9% of Total Investments)

$	1,200	Bristol Park CLO LTD, Series 2016-1A, 144A, (3-Month LIBOR reference rate + 7.250% spread), (11)		9.686%		4/15/29		Ba3	$	1,222,702
	500	Carlyle Global Market Strategies Collateralized Loan Obligations, Series 2013-2A, 144A		1.000%		1/18/29		BB–		497,184
	1,200	Dryden 50 Senior Loan Fund, Series 2017-50A, 144A, (3-Month LIBOR reference rate + 6.260% spread), (11)		8.696%		7/15/30		Ba3		1,208,676
	1,250	Gilbert Park CLO LTD, Series 2017-1A, 144A, (3-Month LIBOR reference rate + 6.400% spread), (11)		8.836%		10/15/30		Ba3		1,262,626
	1,500	Madison Park Funding Limited, Collateralized Loan Obligations, Series 2015-16A, 144A, (3-Month LIBOR reference rate + 7.620% spread), (11)		10.070%		1/20/29		BB		1,514,867
	2,750	Madison Park Funding Limited, Collateralized Loan Obligations, Series 2012-10A, 144A, (3-Month LIBOR reference rate + 5.500% spread), (11)		7.969%		4/20/26		Ba3		2,750,836
	600	Neuberger Berman Loan Advisers CLO 28 Limited, Series 2018-28A, 144A, (3-Month LIBOR reference rate + 5.600% spread), (11)		8.069%		4/20/30		BB–		599,978
$	9,000	Total Asset-Backed Securities (cost $8,809,964)								9,056,869

Shares		Description (1)							Value

		COMMON STOCK RIGHTS – 0.1% (0.1% of Total Investments)

		Oil, Gas & Consumable Fuels – 0.1% (0.1% of Total Investments)

	2,637	Fieldwood Energy LLC, (8), (9)							$	129,213
	13,053	Fieldwood Energy LLC, (7), (8)								568,628
		Total Common Stock Rights (cost $372,582)								697,841

Shares		Description (1)							Value

		WARRANTS – 0.0% (0.0% of Total Investments)

	21,002	Avaya Holdings Corporation							$	47,254
		Total Warrants (cost $1,915,310)								47,254

Principal Amount (000)		Description (1)	Coupon		Maturity		Ratings (4)		Value

		CONVERTIBLE BONDS – 0.0% (0.0% of Total Investments)

		Communications Equipment – 0.0% (0.0% of Total Investments)

$	850	Nortel Networks Limited, (6)		1.750%		4/15/12		N/R	$	25,500
$	850	Total Convertible Bonds (cost $13,960)								25,500
		Total Long-Term Investments (cost $1,048,882,972)								1,013,395,614

Shares		Description (1)	Coupon						Value

		SHORT-TERM INVESTMENTS – 3.3% (2.0% of Total Investments)

		INVESTMENT COMPANIES – 3.3% (2.0% of Total Investments)

	21,109,693	BlackRock Liquidity Funds T-Fund Portfolio, (10)		2.082% (12)					$	21,109,693
		Total Short-Term Investments (cost $21,109,693)								21,109,693
		Total Investments (cost $1,069,992,665) – 160.2%								1,034,505,307
		Borrowings – (39.4)% (13), (14)								(254,300,000	)
		Term Preferred Shares, net of deferred offering costs – (19.2)% (15)								(124,079,960	)
		Other Assets Less Liabilities – (1.6)% (16)								(10,440,075	)
		Net Assets Applicable to Common Shares – 100%							$	645,685,272


JFR		Nuveen Floating Rate Income Fund (continued)
JFR		Portfolio of Investments October 31, 2018
		(Unaudited)

Investments in Derivatives

Interest Rate Swaps – OTC Uncleared


Counterparty	Notional Amount		Fund Pay/Receive Floating Rate		Floating Rate Index		Fixed Rate (Annualized)		Fixed Rate Payment Frequency		Maturity Date		Value			Unrealized Appreciation (Depreciation)
Morgan Stanley Capital Services LLC	$	25,000,000		Pay		1-Month LIBOR		3.350% (17)		Monthly		1/01/22 (18)	$	(487,176	)	$	(487,176	)
Morgan Stanley Capital Services LLC		35,000,000		Pay		1-Month LIBOR		5.750		Monthly		6/01/24 (19)		(36,637	)		(36,637	)
Morgan Stanley Capital Services LLC		55,000,000		Pay		1-Month LIBOR		4.000		Monthly		1/01/27 (20)		(2,515,318	)		(2,515,318	)
Total	$	115,000,000											$	(3,039,131	)	$	(3,039,131	)

Fair Value Measurements

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. A three-tier hierarchy 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 the reporting entity’s own 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 inputs or methodologies used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:


	Level 1		Level 2			Level 3			Total
Long-Term Investments:
Variable Rate Senior Loan Interests	$	—	$	846,396,447		$	—		$	846,396,447
Corporate Bonds		—		130,599,965			—	*		130,599,965
Common Stocks		8,901,256		6,528,077			258,402			15,687,735
Investment Companies		10,884,003		—			—			10,884,003
Asset-Backed Securities		—		9,056,869			—			9,056,869
Common Stock Rights		—		129,213			568,628			697,841
Warrants		47,254		—			—			47,254
Convertible Bonds		—		25,500			—			25,500

Short-Term Investments:
Investment Companies		21,109,693		—			—			21,109,693

Investments in Derivatives:
Interest Rate Swaps**		—		(3,039,131	)		—			(3,039,131	)
Total	$	40,942,206	$	989,696,940		$	827,030		$	1,031,466,176

*	Value equals zero as of the end of the reporting period.

**	Represents net unrealized appreciation (depreciation).

Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to recognition of market discount accretion and timing differences in recognizing certain gains and losses on investment transactions. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.

The tables below present the cost and unrealized appreciation (depreciation) of the Fund’s investment portfolio, as determined on a federal income tax basis, as of October 31, 2018.

For purposes of this disclosure, derivative tax cost is generally the sum of any upfront fees or premiums exchanged and any amounts unrealized for income statement reporting but realized in income and/or capital gains for tax reporting. If a particular derivative category does not disclose any tax unrealized appreciation or depreciation, the change in value of those derivatives have generally been fully realized for tax purposes.


Tax cost of investments	$	1,082,771,531
Gross unrealized:
Appreciation	$	14,427,458
Depreciation		(62,693,682	)
Net unrealized appreciation (depreciation) of investments	$	(48,266,224	)

Tax cost of swaps	$	—
Net unrealized appreciation (depreciation) on swaps		(3,039,131	)


JFR		Nuveen Floating Rate Income Fund (continued)
JFR		Portfolio of Investments October 31, 2018
		(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)

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.

(3)

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.

(4)

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.

(5)	Investment, or portion of investment, represents an outstanding unfunded senior loan commitment.

(6)

As of, or subsequent to, the end of the reporting period, this security is non-income producing. Non-income producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the Fund’s Adviser has concluded that the issue is not likely to meet its future interest payment obligations and has ceased accruing additional income on the Fund’s records.

(7)	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.

(8)	Non-income producing; issuer has not declared a dividend within the past twelve months.

(9)	For fair value measurement disclosure purposes, investment classified as Level 2.

(10)	A copy of the most recent financial statements for these investment companies can be obtained directly from the Securities and Exchange Commission on its website at the http://www.sec.gov.

(11)	Variable rate security. The rate shown is the coupon as of the end of the reporting period.

(12)	The rate shown is the annualized seven-day subsidized yield as of the end of the reporting period.

(13)	Borrowings as a percentage of Total Investments is 24.6%.

(14)	The Fund segregates 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.

(15)	Term Preferred Shares, net of deferred offering costs as a percentage of Total Investments is 12.0%.

(16)	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.

(17)	Effective April 1, 2017, the fixed rate paid by the Fund will increase according to a predetermined schedule as specified in the swap contract. Additionally, this fixed rate increase will continue to occur every three months on specific dates through the swap contract’s termination date.

(18)	This interest rate swap has an optional early termination date beginning on January 1, 2019 and monthly thereafter through the termination date as specified in the swap contract.

(19)	This interest rate swap has an optional early termination date beginning on June 1, 2020 and monthly thereafter through the termination date as specified in the swap contract.

(20)	This interest rate swap has an optional early termination date beginning on January 1, 2021 and monthly thereafter through the termination date as specified in the swap contract.

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

N/A	Not Applicable

PIK

Payment-in-kind (“PIK”) security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where applicable, represents the annualized rate of the last PIK payment made by the issuer as of the end of the reporting period.

TBD

Senior loan purchased on a when-issued or delayed-delivery basis. Certain details associated with this purchase are not known prior to the settlement date of the transaction. In addition, senior loans typically trade without accrued interest and therefore a coupon rate is not available prior to settlement. At settlement, if still unknown, the borrower or counterparty will provide the Fund with the final coupon rate and maturity date.

WI/DD

Purchased on a when-issued or delayed delivery basis.

Item 2. Controls and Procedures.

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


(Registrant)		Nuveen Floating Rate Income Fund

By (Signature and Title)		/s/ Gifford R. Zimmerman
		Gifford R. Zimmerman
		Vice President and Secretary

Date: December 28, 2018

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By (Signature and Title)		/s/ Cedric H. Antosiewicz
		Cedric H. Antosiewicz
		Chief Administrative Officer (principal executive officer)

Date: December 28, 2018

By (Signature and Title)		/s/ Stephen D. Foy
		Stephen D. Foy
		Vice President and Controller (principal financial officer)

Date: December 28, 2018