Edgar Filing: Nuveen Short Duration Credit Opportunities Fund

Nuveen Short Duration Credit Opportunities 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 811-22518

Nuveen Short Duration Credit Opportunities 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

JSD

Nuveen Short Duration Credit
Opportunities 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 – 158.2% (97.7% of Total Investments)

		VARIABLE RATE SENIOR LOAN INTERESTS – 135.0% (83.5% of Total Investments) (2)

		Aerospace & Defense – 3.2% (2.0% of Total Investments)

$	3,045	Sequa Corporation, Term Loan B		7.408%		3-Month LIBOR		5.000%		11/28/21		B–	$	3,013,117
	1,062	Sequa Corporation, Term Loan, Second Lien		11.520%		3-Month LIBOR		9.000%		4/28/22		Caa2		1,044,612
	1,655	Transdigm, Inc., Term Loan F		4.802%		1-Month LIBOR		2.500%		6/09/23		Ba2		1,649,298
	5,762	Total Aerospace & Defense												5,707,027

		Air Freight & Logistics – 1.4% (0.9% of Total Investments)

	1,000	Ceva Group PLC, Term Loan, First Lien		6.136%		3-Month LIBOR		3.750%		8/04/25		BB–		1,003,130
	826	PAE Holding Corporation, Term Loan B		7.886%		3-Month LIBOR		5.500%		10/20/22		B+		830,185
	722	XPO Logistics, Inc., Term Loan B		4.509%		3-Month LIBOR		2.000%		2/24/25		BBB–		724,581
	2,548	Total Air Freight & Logistics												2,557,896

		Airlines – 2.5% (1.5% of Total Investments)

	1,680	American Airlines, Inc., Replacement Term Loan		4.277%		1-Month LIBOR		2.000%		10/10/21		BB+		1,680,134
	960	American Airlines, Inc., Term Loan 2025		4.045%		1-Month LIBOR		1.750%		6/27/25		BB+		941,935
	500	American Airlines, Inc., Term Loan B		4.295%		1-Month LIBOR		2.000%		4/28/23		BB+		497,313
	1,318	American Airlines, Inc., Term Loan B, (DD1)		4.280%		1-Month LIBOR		2.000%		12/14/23		BB+		1,311,179
	4,458	Total Airlines												4,430,561

		Auto Components – 0.8% (0.5% of Total Investments)

	847	DexKo Global, Inc., Term Loan B		5.802%		1-Month LIBOR		3.500%		7/24/24		B1		850,734
	494	Superior Industries International, Inc., Term Loan B		6.302%		1-Month LIBOR		4.000%		5/22/24		B1		492,336
	1,341	Total Auto Components												1,343,070

		Beverages – 0.8% (0.5% of Total Investments)

	1,439	Jacobs Douwe Eqberts Term Loan B		4.625%		3-Month LIBOR		2.250%		10/23/25		Ba2		1,441,294

		Biotechnology – 1.1% (0.7% of Total Investments)

	1,970	Grifols, Inc., Term Loan B		4.467%		1-Week LIBOR		2.250%		1/31/25		BB		1,974,029

		Building Products – 1.1% (0.7% of Total Investments)

	308	Fairmount, Initial Term Loan		6.136%		3-Month LIBOR		3.750%		6/01/25		BB		259,212
	325	Ply Gem Industries, Inc., Term Loan B		6.175%		3-Month LIBOR		3.750%		4/12/25		B+		324,629
	1,299	Quikrete Holdings, Inc., Term Loan B		5.052%		1-Month LIBOR		2.750%		11/15/23		BB–		1,295,903
	1,932	Total Building Products												1,879,744

		Capital Markets – 2.3% (1.4% of Total Investments)

	1,084	Capital Automotive LP, Term Loan, First Lien		4.810%		1-Month LIBOR		2.500%		3/25/24		B1		1,086,086
	1,741	Capital Automotive LP, Term Loan, Second Lien		8.302%		1-Month LIBOR		6.000%		3/24/25		B3		1,773,469
	1,216	RPI Finance Trust, Term Loan B6		4.386%		3-Month LIBOR		2.000%		3/27/23		BBB–		1,218,236
	4,041	Total Capital Markets												4,077,791

		Chemicals – 1.1% (0.7% of Total Investments)

	424	Ineos US Finance LLC, Term Loan		4.302%		1-Month LIBOR		2.000%		4/01/24		BB+		424,309
	399	Mineral Technologies, Inc., Term Loan B2		4.750%		N/A		N/A		5/07/21		BB+		400,237
	300	SI Group, Term Loan B		7.186%		3-Month LIBOR		4.750%		10/15/25		B		299,063
	750	Univar, Inc., Term Loan B		4.552%		1-Month LIBOR		2.250%		7/01/24		BB		750,963
	1,873	Total Chemicals												1,874,572

		Commercial Services & Supplies – 7.0% (4.3% of Total Investments)

	1,340	Brand Energy & Infrastructure Services, Inc., Term Loan B, First Lien		6.732%		3-Month LIBOR		4.250%		6/16/24		B		1,347,743


JSD		Nuveen Short Duration Credit Opportunities Fund (continued)
JSD		Portfolio of Investments October 31, 2018
		(Unaudited)


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

		Commercial Services & Supplies (continued)

$	2,748	Formula One Group, Term Loan B		4.802%		1-Month LIBOR		2.500%		2/01/24		B+	$	2,722,683
	444	Fort Dearborn Holding Company, Inc., Term Loan, First Lien		6.407%		2-Month LIBOR		4.000%		10/19/23		B2		422,680
	950	Getty Images, Inc., Term Loan B, First Lien		5.802%		1-Month LIBOR		3.500%		10/18/19		B3		940,866
	500	GFL Environmental, Term Loan, (WI/DD)		TBD		TBD		TBD		TBD		B+		493,125
	1,776	iQor US, Inc., Term Loan, First Lien		7.400%		3-Month LIBOR		5.000%		4/01/21		Caa1		1,659,957
	167	iQor US, Inc., Term Loan, Second Lien		11.148%		3-Month LIBOR		8.750%		4/01/22		Caa3		132,708
	768	KAR Auction Services, Inc., Term Loan B5		4.938%		3-Month LIBOR		2.500%		3/09/23		Ba2		770,137
	733	LSC Communications, Refinancing Term Loan		7.802%		1-Month LIBOR		5.500%		9/30/22		B1		737,917
	1,470	Monitronics International, Inc., Term Loan B2, First Lien		7.886%		3-Month LIBOR		5.500%		9/30/22		Caa1		1,443,819
	580	Protection One, Inc., Term Loan		5.052%		1-Month LIBOR		2.750%		5/02/22		BB–		581,062
	975	Universal Services of America, Initial Term Loan, First Lien		6.136%		3-Month LIBOR		3.750%		7/28/22		B2		968,604
	171	West Corporation, Incremental Term Loan B1		6.026%		3-Month LIBOR		3.500%		10/10/24		Ba3		168,960
	12,622	Total Commercial Services & Supplies												12,390,261

		Communications Equipment – 2.6% (1.6% of Total Investments)

	1,787	Avaya, Inc., Tranche B Term Loan		6.530%		1-Month LIBOR		4.250%		12/15/24		B		1,795,852
	421	CommScope, Inc., Term Loan B		4.302%		1-Month LIBOR		2.000%		12/29/22		Baa3		423,262
	935	Mitel US Holdings, Inc., Incremental Term Loan		6.052%		1-Month LIBOR		3.750%		9/25/23		B+		935,499
	900	Mitel US Holdings, Inc., Term Loan, First Lien, (WI/DD)		TBD		TBD		TBD		TBD		B		907,425
	565	Plantronics, Inc., Term Loan, B		4.802%		1-Month LIBOR		2.500%		7/02/25		Ba1		564,511
	4,608	Total Communications Equipment												4,626,549

		Construction & Engineering – 1.2% (0.7% of Total Investments)

	748	KBR, Inc., Term Loan B		6.045%		1-Month LIBOR		3.750%		4/25/25		B+		750,930
	1,330	Traverse Midstream Partners, Term Loan B		6.600%		6-Month LIBOR		4.000%		9/27/24		B+		1,340,391
	2,078	Total Construction & Engineering												2,091,321

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

	746	Vantiv LLC, Repriced Term Loan B4		4.030%		1-Month LIBOR		1.750%		8/09/24		BBB–		745,649
	667	Verscend Technologies, Term Loan, B		6.802%		1-Month LIBOR		4.500%		8/27/25		B+		672,814
	1,413	Total Consumer Finance												1,418,463

		Containers & Packaging – 0.4% (0.2% of Total Investments)

	699	Berry Global, Inc., Term Loan Q		4.277%		1-Month LIBOR		2.000%		10/01/22		BBB–		699,550

		Distributors – 0.4% (0.3% of Total Investments)

	748	SRS Distribution, Inc., Term Loan B		5.552%		1-Month LIBOR		3.250%		5/23/25		B		733,630

		Diversified Consumer Services – 2.1% (1.3% of Total Investments)

	1,826	Cengage Learning Acquisitions, Inc., Term Loan B		6.530%		1-Month LIBOR		4.250%		6/07/23		B		1,701,463
	589	Houghton Mifflin, Term Loan B, First Lien		5.295%		1-Month LIBOR		3.000%		5/28/21		B		543,224
	580	Laureate Education, Inc., Term Loan B		6.027%		3-Month LIBOR		3.500%		4/26/24		B+		582,199
	1,000	Refinitiv US Holdings Inc., Term Loan, B		6.052%		1-Month LIBOR		3.750%		10/01/25		B		991,250
	3,995	Total Diversified Consumer Services												3,818,136

		Diversified Financial Services – 2.9% (1.8% of Total Investments)

	481	Altisource Solutions S.A R.L., Term Loan B		6.386%		3-Month LIBOR		4.000%		4/03/24		B+		482,142
	569	Freedom Mortgage Corporation, Term Loan B		7.050%		1-Month LIBOR		4.750%		2/23/22		B+		573,690
	422	Lions Gate Entertainment Corp., Term Loan B		4.552%		1-Month LIBOR		2.250%		3/24/25		Ba2		421,050
	1,533	Veritas US, Inc., Term Loan B1		6.823%		1-Month LIBOR		4.500%		1/27/23		B		1,466,266
	2,380	Walter Investment Management Corporation, Tranche B, Term Loan, First Lien		8.302%		1-Month LIBOR		6.000%		6/30/22		CCC+		2,219,727
	5,385	Total Diversified Financial Services												5,162,875

		Diversified Telecommunication Services – 6.5% (4.0% of Total Investments)

	722	CenturyLink, Inc., Initial Term Loan A		5.052%		1-Month LIBOR		2.750%		11/01/22		BBB–		721,745
	3,715	CenturyLink, Inc., Term Loan B		5.052%		1-Month LIBOR		2.750%		1/31/25		BBB–		3,679,747


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

		Diversified Telecommunication Services (continued)

$	2,533	Frontier Communications Corporation, Term Loan B		6.060%		1-Month LIBOR		3.750%		1/14/22		B	$	2,459,950
	195	Intelsat Jackson Holdings, S.A., Term Loan B4		6.795%		1-Month LIBOR		4.500%		1/02/24		B1		203,242
	312	Intelsat Jackson Holdings, S.A., Term Loan B5		6.625%		N/A		N/A		1/02/24		B1		320,952
	2,000	Numericable Group S.A., Term Loan B13		6.280%		1-Month LIBOR		4.000%		8/14/26		B1		1,964,170
	289	Windstream Corporation, Term Loan B6		6.290%		1-Month LIBOR		4.000%		3/29/21		B		272,346
	2,000	Ziggo B.V., Term Loan E		4.780%		1-Month LIBOR		2.500%		4/15/25		BB–		1,963,860
	11,766	Total Diversified Telecommunication Services												11,586,012

		Electric Utilities – 1.5% (0.9% of Total Investments)

	429	EFS Cogen Holdings LLC, Term Loan B		5.640%		3-Month LIBOR		3.250%		6/28/23		BB		428,571
	1,600	Vistra Operations Co., Term Loan B1		4.302%		1-Month LIBOR		2.000%		8/01/23		BBB–		1,598,399
	689	Vistra Operations Co., Term Loan B3		4.293%		1-Month LIBOR		2.000%		12/31/25		BBB–		687,322
	2,718	Total Electric Utilities												2,714,292

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

	747	TTM Technologies, Inc., Term Loan B		4.756%		1-Month LIBOR		2.500%		9/28/24		BB+		748,030

		Energy Equipment & Services – 1.9% (1.2% of Total Investments)

	1,990	McDermott International, Term Loan		7.302%		1-Month LIBOR		5.000%		5/12/25		Ba2		1,969,603
	116	Ocean Rig UDW, Inc., Term Loan		8.000%		N/A		N/A		9/20/24		Caa1		122,400
	1,407	Seadrill Partners LLC, Initial Term Loan		8.386%		3-Month LIBOR		6.000%		2/21/21		CCC+		1,309,699
	3,513	Total Energy Equipment & Services												3,401,702

		Equity Real Estate Investment Trusts – 1.3% (0.8% of Total Investments)

	2,476	Communications Sales & Leasing, Inc., Shortfall Term Loan		5.302%		1-Month LIBOR		3.000%		10/24/22		B–		2,347,916

		Food & Staples Retailing – 5.3% (3.3% of Total Investments)

	944	Albertson’s LLC, Term Loan B6		5.311%		3-Month LIBOR		3.000%		6/22/23		Ba2		941,041
	7,394	Albertson’s LLC, Term Loan B7, (DD1)		0.000%		N/A		N/A		10/29/25		Ba2		7,346,712
	953	Del Monte Foods Company, Term Loan, First Lien		5.565%		N/A		N/A		2/18/21		CCC+		845,820
	440	Save-A-Lot, Term Loan B		8.302%		1-Month LIBOR		6.000%		12/05/23		B3		316,998
	9,731	Total Food & Staples Retailing												9,450,571

		Food Products – 1.6% (1.0% of Total Investments)

	607	American Seafoods Group LLC, Term Loan B		5.060%		1-Month LIBOR		2.750%		8/21/23		BB–		606,392
	2,227	U.S. Foods, Inc., Term Loan B		4.302%		1-Month LIBOR		2.000%		6/27/23		BBB–		2,226,527
	2,834	Total Food Products												2,832,919

		Health Care Equipment & Supplies – 2.5% (1.6% of Total Investments)

	699	Acelity, Term Loan B		5.636%		3-Month LIBOR		3.250%		2/02/24		B1		702,239
	637	Greatbatch, New Term Loan B		5.280%		1-Month LIBOR		3.000%		10/27/22		B+		640,937
	500	LifeScan, Term Loan B		8.396%		3-Month LIBOR		6.000%		10/01/24		B+		489,375
	1,303	Onex Carestream Finance LP, Term Loan, First Lien		6.302%		1-Month LIBOR		4.000%		6/07/19		B1		1,301,840
	841	Onex Carestream Finance LP, Term Loan, Second Lien		10.802%		1-Month LIBOR		8.500%		12/07/19		B–		839,721
	499	Vyaire Medical, Inc., Term Loan B		7.136%		3-Month LIBOR		4.750%		4/16/25		B2		491,269
	4,479	Total Health Care Equipment & Supplies												4,465,381

		Health Care Providers & Services – 6.8% (4.2% of Total Investments)

	726	Air Medical Group Holdings, Inc., Term Loan B		5.534%		1-Month LIBOR		3.250%		4/28/22		B1		706,338
	518	Air Medical Group Holdings, Inc., Term Loan B		6.530%		1-Month LIBOR		4.250%		3/14/25		B1		509,491
	499	Ardent Health, Term Loan, First Lien		6.802%		1-Month LIBOR		4.500%		6/30/25		B1		501,790
	423	Catalent Pharma Solutions, Inc., Term Loan B		4.552%		1-Month LIBOR		2.250%		5/20/24		BB		425,708
	546	Community Health Systems, Inc., Term Loan H		5.563%		3-Month LIBOR		3.250%		1/27/21		B–		535,539
	773	ConvaTec, Inc., Term Loan B		4.636%		3-Month LIBOR		2.250%		10/25/23		BB		773,053
	62	Heartland Dental Care, Inc., Delay Draw Facility, (6)		3.750%		N/A		N/A		4/30/25		B2		61,708
	411	Heartland Dental Care, Inc., Term Loan, First Lien		6.052%		1-Month LIBOR		3.750%		4/30/25		B2		410,359
	1,466	Kindered at Home Hospice, Term Loan B		6.063%		1-Month LIBOR		3.750%		7/02/25		B1		1,474,310
	400	Kindered at Home Hospice, Term Loan, Second Lien		9.313%		1-Month LIBOR		7.000%		6/21/26		CCC+		409,750
	1,674	McGraw-Hill Education Holdings LLC, Term Loan B		4.780%		1-Month LIBOR		2.500%		3/06/25		Ba2		1,679,107


JSD		Nuveen Short Duration Credit Opportunities Fund (continued)
JSD		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 Providers & Services (continued)

$	651	Millennium Laboratories, Inc., Term Loan B, First Lien		8.802%		1-Month LIBOR		6.500%		12/21/20		CCC+	$	361,333
	2,454	Pharmaceutical Product Development, Inc., Term Loan B		4.802%		1-Month LIBOR		2.500%		8/18/22		Ba3		2,449,918
	746	PharMerica, Term Loan, First Lien		5.780%		1-Month LIBOR		3.500%		12/06/24		B1		749,515
	746	Prospect Medical Holdings, Term Loan B1		7.813%		1-Month LIBOR		5.500%		2/22/24		B1		752,780
	118	Quorum Health Corp., Term Loan B		9.052%		1-Month LIBOR		6.750%		4/29/22		B1		119,975
	148	Vizient, Inc., Term Loan B		5.052%		1-Month LIBOR		2.750%		2/13/23		BB–		149,242
	12,361	Total Health Care Providers & Services												12,069,916

		Health Care Technology – 0.8% (0.5% of Total Investments)

	1,463	Emdeon, Inc., Term Loan		5.173%		1-Month LIBOR		2.750%		3/01/24		Ba3		1,462,595

		Hotels, Restaurants & Leisure – 10.5% (6.5% of Total Investments)

	1,023	24 Hour Fitness Worldwide Inc., Term Loan, B		5.802%		1-Month LIBOR		3.500%		5/30/25		Ba3		1,026,616
	1,948	Burger King Corporation, Term Loan B3		4.552%		1-Month LIBOR		2.250%		2/16/24		Ba3		1,942,916
	1,061	Caesars Entertainment Operating Company, Inc., Term Loan B, (DD1)		4.302%		1-Month LIBOR		2.000%		10/06/24		BB		1,056,825
	1,985	Caesars Resort Collection, Term Loan, First Lien		5.052%		1-Month LIBOR		2.750%		12/23/24		BB		1,987,898
	1,349	CCM Merger, Inc., Term Loan B		4.552%		1-Month LIBOR		2.750%		8/09/21		BB–		1,353,178
	1,633	CityCenter Holdings LLC, Term Loan B		4.552%		1-Month LIBOR		2.250%		4/18/24		BB–		1,631,522
	1,242	Equinox Holdings, Inc., Term Loan B1		5.302%		1-Month LIBOR		3.000%		3/08/24		B+		1,247,786
	1,114	Life Time Fitness, Inc., Term Loan B		5.063%		3-Month LIBOR		2.750%		6/10/22		BB–		1,115,210
	1,000	Penn National Gaming Inc., Term Loan, B		4.581%		2-Month LIBOR		2.250%		10/15/25		BB		1,004,270
	3,371	Scientific Games Corp., Initial Term Loan B5		5.046%		1-Month LIBOR		2.750%		8/14/24		Ba3		3,343,257
	1,147	Stars Group Holdings, Term Loan B		5.886%		3-Month LIBOR		3.500%		7/10/25		B+		1,153,497
	1,726	Station Casino LLC, Term Loan B		4.810%		1-Month LIBOR		2.500%		6/08/23		BB		1,727,410
	18,599	Total Hotels, Restaurants & Leisure												18,590,385

		Household Durables – 0.2% (0.1% of Total Investments)

	444	Serta Simmons Holdings LLC, Term Loan, First Lien		5.775%		1-Month LIBOR		3.500%		11/08/23		B–		401,896

		Household Products – 0.9% (0.6% of Total Investments)

	1,636	Reynolds Group Holdings, Inc., Term Loan, First Lien		5.052%		1-Month LIBOR		2.750%		2/05/23		B+		1,638,890

		Industrial Conglomerates – 0.4% (0.3% of Total Investments)

	746	Education Advisory Board, Term Loan, First Lien		6.406%		2-Month LIBOR		3.750%		11/15/24		B2		740,653

		Insurance – 0.8% (0.5% of Total Investments)

	493	Acrisure LLC, Term Loan B		6.552%		1-Month LIBOR		4.250%		11/22/23		B		494,579
	1,011	Hub International Holdings, Inc., Term Loan B		5.490%		3-Month LIBOR		3.000%		4/25/25		B		1,009,854
	1,504	Total Insurance												1,504,433

		Interactive Media & Services – 0.4% (0.3% of Total Investments)

	756	Rackspace Hosting, Inc., Refinancing Term B Loan, First Lien		5.348%		3-Month LIBOR		3.000%		11/03/23		BB–		735,642

		Internet and Direct Marketing Retail – 1.0% (0.6% of Total Investments)

	1,748	Uber Technologies, Inc., Term Loan, (DD1)		6.281%		1-Month LIBOR		4.000%		4/04/25		N/R		1,749,952

		Internet Software & Services – 1.3% (0.8% of Total Investments)

	978	Ancestry.com, Inc., Term Loan, First Lien		5.550%		1-Month LIBOR		3.250%		10/19/23		B		982,632
	369	Dynatrace, Term Loan, First Lien		5.552%		1-Month LIBOR		3.250%		8/22/25		B1		371,359
	37	Dynatrace, Term Loan, Second Lien		9.302%		1-Month LIBOR		7.000%		8/21/26		CCC+		37,917
	1,109	SkillSoft Corporation, Term Loan, Second Lien		10.552%		1-Month LIBOR		8.250%		4/28/22		CCC		884,643
	2,493	Total Internet Software & Services												2,276,551

		IT Services – 7.5% (4.6% of Total Investments)

	377	DTI Holdings, Inc., Replacement Term Loan B1		7.276%		2-Month LIBOR		4.750%		9/29/23		B		360,508
	500	First Data Corp, Term Loan, 1L		4.287%		1-Month LIBOR		2.000%		7/10/22		BB		498,907
	4,950	First Data Corporation, Term Loan, First Lien		4.287%		1-Month LIBOR		2.000%		4/26/24		BB		4,928,580
	658	Gartner, Inc., Term Loan A		4.052%		1-Month LIBOR		1.750%		3/21/22		BB+		660,641


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

		IT Services (continued)

$	499	GTT Communications, Inc., Term Loan, First Lien		5.050%		1-Month LIBOR		2.750%		6/02/25		B	$	492,770
	1,270	Sabre, Inc., Term Loan B		4.302%		1-Month LIBOR		2.000%		2/22/24		BB		1,270,639
	1,500	Syniverse Holdings, Inc., Initial Term Loan, Second Lien		11.280%		1-Month LIBOR		9.000%		3/11/24		CCC+		1,453,748
	1,294	Syniverse Holdings, Inc., Tranche Term Loan C		7.280%		1-Month LIBOR		5.000%		3/09/23		B		1,302,930
	988	Tempo Acquisition LLC, Term Loan B		5.302%		1-Month LIBOR		3.000%		5/01/24		B1		989,475
	639	West Corporation, Term Loan B		6.526%		1-Month LIBOR		4.000%		10/10/24		Ba3		636,562
	733	WEX, Inc., Term Loan B		4.552%		1-Month LIBOR		2.250%		7/01/23		BB–		735,416
	13,408	Total IT Services												13,330,176

		Machinery – 1.5% (0.9% of Total Investments)

	154	BJ’s Wholesale Club, Inc., Term Loan B, First Lien		5.280%		1-Month LIBOR		3.000%		2/01/24		B+		154,474
	767	Gardner Denver, Inc., Term Loan B		5.052%		1-Month LIBOR		2.750%		7/30/24		BB		769,404
	627	Gates Global LLC, Term Loan B		5.052%		1-Month LIBOR		2.750%		4/01/24		B+		628,501
	826	TNT Crane and Rigging Inc., Initial Term Loan, First Lien		6.886%		3-Month LIBOR		4.500%		11/27/20		CCC+		790,099
	400	TNT Crane and Rigging, Inc., Term Loan, Second Lien		11.386%		3-Month LIBOR		9.000%		11/26/21		CCC–		349,600
	2,774	Total Machinery												2,692,078

		Marine – 0.8% (0.5% of Total Investments)

	656	American Commercial Lines LLC, Term Loan B, First Lien		11.052%		1-Month LIBOR		8.750%		11/12/20		CCC+		503,554
	969	Harvey Gulf International Marine, Inc., Exit Term Loan		8.508%		6-Month LIBOR		6.000%		7/02/23		B		978,676
	1,625	Total Marine												1,482,230

		Media – 12.5% (7.7% of Total Investments)

	830	Advantage Sales & Marketing, Inc., Term Loan, First Lien		5.552%		1-Month LIBOR		3.250%		7/23/21		B1		758,778
	637	Affinion Group Holdings, Inc., Term Loan, First Lien		10.040%		1-Month LIBOR		7.750%		5/10/22		B2		651,909
	806	Catalina Marketing Corporation, Term Loan, First Lien, (5)		5.813%		3-Month LIBOR		3.500%		4/09/21		B2		306,217
	500	Catalina Marketing Corporation, Term Loan, Second Lien, (5)		9.063%		3-Month LIBOR		6.750%		4/11/22		Caa2		44,687
	498	Cineworld Group PLC, Term Loan B		4.802%		1-Month LIBOR		2.500%		2/28/25		BB–		496,075
	3,945	Clear Channel Communications, Inc., Term Loan E, (5)		0.000%		N/A		N/A		7/30/19		N/R		2,859,352
	2,998	Clear Channel Communications, Inc., Tranche D, Term Loan, (5)		0.000%		N/A		N/A		1/30/19		N/R		2,176,352
	498	CSC Holdings LLC, Term Loan B		4.780%		1-Month LIBOR		2.500%		1/25/26		Ba2		497,888
	2,020	Cumulus Media, Inc., Exit Term Loan		6.810%		1-Month LIBOR		4.500%		5/13/22		B		1,998,995
	415	Gray Television, Inc., Term Loan B2		4.515%		1-Month LIBOR		2.250%		2/07/24		BB		415,529
	720	IMG Worldwide, Inc., Term Loan B		5.280%		3-Month LIBOR		2.750%		5/18/25		B		720,276
	1,772	Intelsat Jackson Holdings, S.A., Term Loan B, (DD1)		6.045%		1-Month LIBOR		3.750%		11/30/23		B1		1,776,099
	2,450	McGraw-Hill Education Holdings LLC, Term Loan B		6.302%		1-Month LIBOR		4.000%		5/02/22		B+		2,356,353
	750	Metro-Goldwyn-Mayer Inc., Term Loan, First Lien		4.810%		1-Month LIBOR		2.500%		7/03/25		BB		751,931
	400	Metro-Goldwyn-Mayer Inc., Term Loan, Second Lien		6.810%		1-Month LIBOR		4.500%		7/03/26		B2		401,376
	1,611	Nexstar Broadcasting, Inc., Term Loan B3, (WI/DD)		TBD		TBD		TBD		TBD		BB+		1,611,656
	258	Nexstar Boarding, Inc., Term Loan B3, (WI/DD)		TBD		TBD		TBD		TBD		BB+		257,814
	133	Red Ventures, Term Loan B,		6.302%		1-Month LIBOR		4.000%		11/08/24		B1		134,100
	959	Springer Science & Business Media, Inc., Term Loan B13, First Lien		5.886%		3-Month LIBOR		3.500%		8/15/22		B		962,734
	886	Vyaire Medical, Inc., Term Loan, First Lien		5.052%		1-Month LIBOR		2.750%		1/31/25		BB		886,251
	2,230	WideOpenWest Finance LLC, Term Loan B		5.540%		1-Month LIBOR		3.250%		8/18/23		B		2,159,514
	25,316	Total Media												22,223,886

		Multiline Retail – 1.3% (0.8% of Total Investments)

	602	Belk, Inc., Term Loan B, First Lien		7.034%		1-Month LIBOR		4.750%		12/12/22		B2		507,334
	622	EG America LLC, Term Loan, First Lien		6.386%		3-Month LIBOR		4.000%		2/07/25		B		623,352
	461	Hudson’s Bay Company, Term Loan B, First Lien		5.545%		1-Month LIBOR		3.250%		9/30/22		BB		454,267
	755	Neiman Marcus Group, Inc., Term Loan		5.531%		1-Month LIBOR		3.250%		10/25/20		Caa2		689,437
	2,440	Total Multiline Retail												2,274,390


JSD		Nuveen Short Duration Credit Opportunities Fund (continued)
JSD		Portfolio of Investments October 31, 2018
		(Unaudited)


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

		Oil, Gas & Consumable Fuels – 3.0% (1.8% of Total Investments)

$	1,088	BCP Renaissance Parent, Term Loan B		6.027%		3-Month LIBOR		3.500%		10/31/24		B+	$	1,093,623
	750	California Resources Corporation, Term Loan		12.670%		1-Month LIBOR		10.375%		12/31/21		B		836,876
	750	California Resources Corporation, Term Loan B		7.037%		1-Month LIBOR		4.750%		12/31/22		B		763,125
	923	Fieldwood Energy LLC, Exit Term Loan		7.552%		1-Month LIBOR		5.250%		4/11/22		B+		930,990
	1,149	Fieldwood Energy LLC, Exit Term Loan, second Lien		9.552%		1-Month LIBOR		7.250%		4/11/23		B+		1,111,722
	523	Peabody Energy Corporation, Term Loan B		5.052%		1-Month LIBOR		2.750%		3/31/25		BB		523,077
	19	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		18,551
	5,202	Total Oil, Gas & Consumable Fuels												5,277,964

		Personal Products – 1.3% (0.8% of Total Investments)

	998	Coty, Inc., Term Loan B		4.531%		1-Month LIBOR		2.250%		4/07/25		BB+		979,625
	1,931	Revlon Consumer Products Corporation, Term Loan B, First Lien		5.813%		3-Month LIBOR		3.500%		11/16/20		B3		1,420,608
	2,929	Total Personal Products												2,400,233

		Pharmaceuticals – 1.2% (0.8% of Total Investments)

	882	Valeant Pharmaceuticals International, Inc., Term Loan, First Lien		5.274%		1-Month LIBOR		3.000%		6/02/25		BB–		883,516
	1,356	Concordia International Corp, Term Loan,		7.781%		1-Month LIBOR		5.500%		9/06/24		B–		1,332,270
	2,238	Total Pharmaceuticals												2,215,786

		Professional Services – 1.8% (1.1% of Total Investments)

	990	Ceridian HCM Holding, Inc., Term Loan B		5.552%		1-Month LIBOR		3.250%		4/30/25		B–		995,371
	985	Nielsen Finance LLC, Term Loan B4		4.281%		1-Month LIBOR		2.000%		10/04/23		BBB–		981,715
	1,383	Skillsoft Corporation, Initial Term Loan, First Lien		7.052%		1-Month LIBOR		4.750%		4/28/21		B3		1,281,828
	3,358	Total Professional Services												3,258,914

		Real Estate Management & Development – 1.1% (0.7% of Total Investments)

	1,425	GGP, Term Loan B		4.795%		1-Month LIBOR		2.500%		8/27/25		BB+		1,404,644
	494	Realogy Group LLC, Term Loan A		4.530%		1-Month LIBOR		2.250%		2/08/23		N/R		493,750
	1,919	Total Real Estate Management & Development												1,898,394

		Road & Rail – 2.3% (1.4% of Total Investments)

	2,340	Avolon LLC, Term Loan B		4.280%		1-Month LIBOR		2.000%		1/15/25		BBB–		2,337,479
	973	Quality Distribution, Incremental Term Loan, First Lien		7.886%		3-Month LIBOR		5.500%		8/18/22		B2		985,264
	730	Savage Enterprises LLC, Term Loan B		6.770%		1-Month LIBOR		4.500%		8/01/25		B+		737,702
	4,043	Total Road & Rail												4,060,445

		Semiconductors & Semiconductor Equipment – 1.5% (0.9% of Total Investments)

	481	Lumileds, Term Loan B		5.859%		1-Month LIBOR		3.500%		6/30/24		B+		471,592
	452	Microchip Technology., Inc., Term Loan B		4.310%		1-Month LIBOR		2.000%		5/29/25		Baa3		451,149
	978	Micron Technology, Inc., Term Loan B		4.060%		1-Month LIBOR		1.750%		4/10/22		Baa2		979,944
	713	ON Semiconductor Corporation, Term Loan B3		4.052%		1-Month LIBOR		1.750%		3/31/23		Baa3		713,103
	2,624	Total Semiconductors & Semiconductor Equipment												2,615,788

		Software – 14.4% (8.9% of Total Investments)

	1,057	Blackboard, Inc., Term Loan B4, (DD1)		7.445%		3-Month LIBOR		5.000%		6/30/21		B–		1,011,750
	2,680	BMC Software, Inc., Term Loan B		6.648%		3-Month LIBOR		4.250%		9/01/25		B		2,692,613
	233	Compuware Corporation, Term Loan, First Lien		5.787%		1-Month LIBOR		3.500%		8/25/25		B1		235,143
	678	Ellucian, Term Loan B, First Lien		5.636%		3-Month LIBOR		3.250%		9/30/22		B		680,340
	1,965	Greeneden U.S. Holdings II LLC, Term Loan B		5.802%		1-Month LIBOR		3.500%		12/01/23		B		1,975,026
	2,331	Infor (US), Inc., Term Loan B		4.992%		3-Month LIBOR		2.750%		2/01/22		B1		2,325,182
	1,251	Informatica, Term Loan B		5.552%		1-Month LIBOR		3.250%		8/05/22		B1		1,257,350
	985	Kronos Incorporated, Term Loan B		5.343%		3-Month LIBOR		3.000%		11/20/23		B		987,916
	500	McAfee Holdings International, Inc., Term Loan, Second Lien		10.795%		1-Month LIBOR		8.500%		9/29/25		B–		510,470
	16	McAfee LLC, Term Loan		6.049%		1-Month LIBOR		4.500%		9/29/24		B1		16,229
	1,442	McAfee LLC, Term Loan B1		6.049%		1-Month LIBOR		4.500%		9/29/24		B1		1,448,946
	320	Micro Focus International PLC, New Term Loan		4.802%		1-Month LIBOR		2.500%		6/21/24		BB–		319,677
	2,161	Micro Focus International PLC, Term Loan B		4.802%		1-Month LIBOR		2.500%		6/21/24		BB–		2,158,856


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

		Software (continued)

$	1,252	Micro Focus International PLC, Term Loan B2		4.552%		1-Month LIBOR		2.250%		11/19/21		BB–	$	1,245,435
	371	Misys, New Term Loan, Second Lien		9.636%		3-Month LIBOR		7.250%		6/13/25		CCC+		366,689
	249	Mitchell International, Inc., Initial Term Loan, First Lien		5.552%		1-Month LIBOR		3.250%		11/29/24		B2		248,070
	133	Mitchell International, Inc., Initial Term Loan, Second Lien		9.552%		1-Month LIBOR		7.250%		12/01/25		CCC		134,187
	737	RP Crown Parent LLC, Term Loan B		5.052%		1-Month LIBOR		2.750%		10/15/23		B1		736,691
	1,000	SS&C Technologies Inc., Term Loan, First Lien		4.552%		1-Month LIBOR		2.250%		4/16/25		BB		995,985
	2,263	SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Term Loan B3		4.552%		1-Month LIBOR		2.250%		4/16/25		BB		2,254,450
	877	SS&C Technologies, Inc./ Sunshine Acquisition II, Inc., Term Loan B4		4.552%		1-Month LIBOR		2.250%		4/16/25		BB		873,825
	3,188	Tibco Software, Inc., Term Loan, First Lien		5.800%		1-Month LIBOR		3.500%		12/04/20		B1		3,199,361
	25,689	Total Software												25,674,191

		Specialty Retail – 1.8% (1.1% of Total Investments)

	722	Academy, Ltd., Term Loan B		6.259%		1-Month LIBOR		4.000%		7/01/22		CCC+		540,952
	1,972	Petco Animal Supplies, Inc., Term Loan B1		5.777%		3-Month LIBOR		3.250%		1/26/23		B2		1,535,057
	1,242	Petsmart Inc., Term Loan B, First Lien		5.280%		1-Month LIBOR		3.000%		3/11/22		B3		1,056,197
	3,936	Total Specialty Retail												3,132,206

		Technology Hardware, Storage & Peripherals – 5.5% (3.4% of Total Investments)

	1,829	Dell International LLC, Replacement Term Loan A2		4.060%		1-Month LIBOR		1.750%		9/07/21		BBB–		1,828,375
	3,389	Dell International LLC, Refinancing Term Loan B		4.310%		1-Month LIBOR		2.000%		9/07/23		BBB–		3,388,997
	4,485	Western Digital, Term Loan B		4.044%		1-Month LIBOR		1.750%		4/29/23		Baa2		4,465,222
	9,703	Total Technology Hardware, Storage & Peripherals												9,682,594

		Wireless Telecommunication Services – 1.7% (1.0% of Total Investments)

	2,955	Sprint Corporation, Term Loan, First Lien		4.813%		1-Month LIBOR		2.500%		2/02/24		Ba2		2,957,305
$	247,085	Total Variable Rate Senior Loan Interests (cost $243,902,715)												240,121,085

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

		CORPORATE BONDS – 20.6% (12.7% of Total Investments)

		Banks – 0.1% (0.1% of Total Investments)

$	200	Wells Fargo & Company						3.661%		3/04/21		A+	$	204,062

		Communications Equipment – 2.8% (1.7% of Total Investments)

	85	Avaya Holdings Corporation, (5), (7)						7.000%		4/01/19		N/R		—
	2,085	Avaya Holdings Corporation, (5), (7)						10.500%		3/01/21		N/R		—
	3,509	Intelsat Jackson Holdings SA						5.500%		8/01/23		CCC+		3,140,555
	1,790	Intelsat Jackson Holdings SA, 144A						9.750%		7/15/25		CCC+		1,875,025
	7,469	Total Communications Equipment												5,015,580

		Containers & Packaging – 0.8% (0.5% of Total Investments)

	1,502	Reynolds Group Issuer Inc.						5.750%		10/15/20		B+		1,502,117

		Diversified Financial Services – 0.3% (0.2% of Total Investments)

	600	JPMorgan Chase & Company						2.877%		3/09/21		AA–		600,771

		Diversified Telecommunication Services – 3.0% (1.9% of Total Investments)

	1,635	CSC Holdings LLC, 144A						10.125%		1/15/23		B+		1,774,743
	3,840	Intelsat Luxembourg SA						7.750%		6/01/21		Ca		3,628,800
	5,475	Total Diversified Telecommunication Services												5,403,543

		Health Care Providers & Services – 1.5% (0.9% of Total Investments)

	2,000	HCA Inc.						6.500%		2/15/20		BBB–		2,065,000
	350	Tenet Healthcare Corporation						4.750%		6/01/20		BB–		350,875
	230	Tenet Healthcare Corporation						6.000%		10/01/20		BB–		235,532
	2,580	Total Health Care Providers & Services												2,651,407


JSD		Nuveen Short Duration Credit Opportunities Fund (continued)
JSD		Portfolio of Investments October 31, 2018
		(Unaudited)



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

		Hotels, Restaurants & Leisure – 1.3% (0.8% of Total Investments)

$	2,150	Scientific Games International Inc.		10.000%		12/01/22		B–	$	2,246,750

		Household Durables – 1.1% (0.7% of Total Investments)

	1,410	Lennar Corporation		4.125%		12/01/18		BBB–		1,408,237
	550	Lennar Corporation		4.500%		11/15/19		BBB–		552,063
	1,960	Total Household Durables								1,960,300

		Media – 4.1% (2.5% of Total Investments)

	100	Charter Communications Operating LLC		3.579%		7/23/20		BBB–		99,867
	345	DISH DBS Corporation		5.125%		5/01/20		BB		345,862
	1,000	DISH DBS Corporation		5.875%		11/15/24		BB		850,000
	1,000	Hughes Satellite Systems Corporation		6.500%		6/15/19		BBB–		1,013,850
	2,835	iHeartCommunications Inc., (5)		9.000%		12/15/19		CC		2,041,200
	6,047	iHeartCommunications Inc., (5)		14.000%		2/01/21		C		718,014
	795	iHeartCommunications Inc., (5)		9.000%		3/01/21		CC		574,387
	1,985	Intelsat Luxembourg SA		8.125%		6/01/23		CCC–		1,667,698
	14,107	Total Media								7,310,878

		Oil, Gas & Consumable Fuels – 2.3% (1.4% of Total Investments)

	2,425	California Resources Corporation, 144A		8.000%		12/15/22		B–		2,158,250
	400	Denbury Resources Inc.		6.375%		8/15/21		CCC+		372,000
	1,340	Denbury Resources Inc., 144A		9.250%		3/31/22		B+		1,396,950
	115	EP Energy LLC, 144A		9.375%		5/01/24		Caa2		87,400
	4,280	Total Oil, Gas & Consumable Fuels								4,014,600

		Pharmaceuticals – 0.5% (0.3% of Total Investments)

	500	Bausch Health Cos Inc., 144A		6.500%		3/15/22		BB–		517,500
	310	Concordia International Corporation		8.000%		9/06/24		B3		303,025
	810	Total Pharmaceuticals								820,525

		Semiconductors & Semiconductor Equipment – 0.1% (0.0% of Total Investments)

	106	Advanced Micro Devices Inc.		7.500%		8/15/22		B+		116,070

		Software – 0.4% (0.3% of Total Investments)

	725	Infor US Inc., 144A		5.750%		8/15/20		B1		733,156

		Wireless Telecommunication Services – 2.3% (1.4% of Total Investments)

	850	Sprint Communications Inc.		7.000%		8/15/20		B+		879,750
	2,750	Sprint Corporation		7.875%		9/15/23		B+		2,935,625
	250	Sprint Corporation		7.125%		6/15/24		B+		255,625
	3,850	Total Wireless Telecommunication Services								4,071,000
$	45,814	Total Corporate Bonds (cost $37,841,910)								36,650,759

Shares		Description (1)							Value

		COMMON STOCKS – 2.4% (1.4% of Total Investments)

		Diversified Consumer Services – 0.2% (0.1% of Total Investments)

	29,970	Cengage Learning Holdings II Inc., (8), (9)							$	272,218

		Energy Equipment & Services – 0.7% (0.4% of Total Investments)

	12,611	C&J Energy Services Inc., (8)								236,835
	17,814	Ocean Rig UDW Inc., (8)								539,586
	1,318	Vantage Drilling International, (8), (9)								402,869
		Total Energy Equipment & Services								1,179,290

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

	13,189	Millennium Health LLC, (8), (9)								765
	12,290	Millennium Health LLC, (7), (8)								24,339
	11,533	Millennium Health LLC, (7), (8)								21,686
		Total Health Care Providers & Services								46,790



Shares		Description (1)			Value

		Marine – 0.4% (0.2% of Total Investments)

	10,185	HGIM Corporation, (9)			$	539,805
	2,279	HGIM Corporation, (8), (9)				120,787
		Total Marine				660,592

		Media – 0.2% (0.1% of Total Investments)

	25,780	Cumulus Media Inc., (8)				375,357

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

	18	Southcross Holdings Borrower LP, (8), (9)				13,500

		Pharmaceuticals – 0.0% (0.0% of Total Investments)

	4,093	Concordia International Corporation, (8)				83,138

		Software – 0.8% (0.5% of Total Investments)

	84,215	Avaya Holdings Corporation, (8)				1,382,816

		Specialty Retail – 0.1% (0.1% of Total Investments)

	5,454	Gymboree Holding Corporation, (8), (9)				25,906
	14,849	Gymboree Holding Corporation, (8), (9)				70,533
		Total Specialty Retail				96,439
		Total Common Stocks (cost $6,271,264)				4,110,140

Shares		Description (1)			Value

		COMMON STOCK RIGHTS – 0.2% (0.1% of Total Investments)

		Oil, Gas & Consumable Fuels – 0.2% (0.1% of Total Investments)

	1,468	Fieldwood Energy LLC, (8), (9)			$	71,932
	7,268	Fieldwood Energy LLC, (7), (8)				316,616
		Total Common Stock Rights (cost $207,458)				388,548

Shares		Description (1)			Value

		WARRANTS – 0.0% (0.0% of Total Investments)

	8,503	Avaya Holdings Corporation			$	19,132
		Total Warrants (cost $565,169)				19,132
		Total Long-Term Investments (cost $288,788,516)				281,289,664

Shares		Description (1)	Coupon		Value

		SHORT-TERM INVESTMENTS – 3.8% (2.3% of Total Investments)

		INVESTMENT COMPANIES – 3.8% (2.3% of Total Investments)

	6,696,513	BlackRock Liquidity Funds T-Fund Portfolio, (10)		2.082% (11)	$	6,696,513
		Total Short-Term Investments (cost $6,696,513)				6,696,513
		Total Investments (cost $295,485,029) – 162.0%				287,986,177
		Borrowings – (40.5)% (12), (13)				(72,000,000	)
		Term Preferred Shares, net of deferred offering costs – (19.5)% (14)				(34,613,065	)
		Other Assets Less Liabilities – (2.0)% (15)				(3,522,904	)
		Net Assets Applicable to Common Shares – 100%			$	177,850,208


JSD		Nuveen Short Duration Credit Opportunities Fund (continued)
JSD		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	$	35,000,000		Pay		1-Month LIBOR		2.000% (16	)		Monthly		11/01/20 (17	)	$	(143,155	)	$	(143,155	)

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	$	—	$	240,121,085		$	—		$	240,121,085
Corporate Bonds		—		36,650,759			—	*		36,650,759
Common Stocks		2,617,732		1,446,383			46,025			4,110,140
Common Stock Rights		—		71,932			316,616			388,548
Warrants		19,132		—			—			19,132
Short-Term Investments:
Investment Companies		6,696,513		—			—			6,696,513
Investments in Derivatives:
Interest Rate Swaps**		—		(143,155	)		—			(143,155	)
Total	$	9,333,377	$	278,147,004		$	362,641		$	287,843,022

*	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	$	298,421,448
Gross unrealized:
Appreciation	$	4,687,848
Depreciation		(15,123,119	)
Net unrealized appreciation (depreciation) of investments	$	(10,435,271	)

Tax cost of swaps	$	—
Net unrealized appreciation (depreciation) on swaps		(143,155	)


JSD		Nuveen Short Duration Credit Opportunities Fund (continued)
JSD		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)

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.

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

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

(12)	Borrowings as a percentage of Total Investments is 25.0%.

(13)	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.

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

(15)	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.

(16)	Effective November 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 six months on specific dates through the swap contract’s termination date.

(17)	This interest rate swap has an optional early termination date beginning on November 1, 2018 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 Short Duration Credit Opportunities 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