Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public)
28 12월 2023 - 3:23AM
Edgar (US Regulatory)
Nuveen
Preferred
&
Income
Opportunities
Fund
Portfolio
of
Investments
October
31,
2023
(Unaudited)
Principal
Amount
(000)
/Shares
Description
(a)
Coupon
Maturity
Value
LONG-TERM
INVESTMENTS
-
159.5%
(100.0%
of
Total
Investments)
X
–
$1,000
PAR
(OR
SIMILAR)
INSTITUTIONAL
PREFERRED
-
81.9%
(51.4%
of
Total
Investments)
X
611,583,884
Automobiles
&
Components
-
2.2%
$
13,485
(b)
General
Motors
Financial
Co
Inc
5.750%
N/A
(c)
$
10,512,189
7,270
(b)
General
Motors
Financial
Co
Inc
5.700%
N/A
(c)
6,105,083
Total
Automobiles
&
Components
16,617,272
Banks
-
35.1%
3,720
(b)
Bank
of
America
Corp
6.300%
N/A
(c)
3,619,615
4,830
(b)
Bank
of
America
Corp
6.250%
N/A
(c)
4,747,077
11,835
(b)
Bank
of
America
Corp
6.500%
N/A
(c)
11,679,754
1,415
Bank
of
America
Corp
6.100%
N/A
(c)
1,364,306
2,000
(b),(d)
Bank
of
America
Corp
(TSFR3M
reference
rate
+
3.397%
spread)
8.806%
N/A
(c)
2,000,990
3,685
Bank
of
America
Corp
4.375%
N/A
(c)
2,974,168
6,290
(b)
Citigroup
Inc
5.000%
N/A
(c)
5,952,931
16,055
(b),(e)
Citigroup
Inc
6.250%
N/A
(c)
15,071,805
4,800
(b)
Citigroup
Inc
7.625%
N/A
(c)
4,622,127
9,981
Citigroup
Inc
5.950%
N/A
(c)
9,489,443
2,415
(b)
Citigroup
Inc
7.375%
N/A
(c)
2,303,378
8,065
Citigroup
Inc
6.300%
N/A
(c)
7,820,743
1,820
Citigroup
Inc
4.150%
N/A
(c)
1,417,078
2,015
(b)
Citizens
Financial
Group
Inc
4.000%
N/A
(c)
1,371,951
1,685
Citizens
Financial
Group
Inc
6.375%
N/A
(c)
1,370,161
8,820
(b)
CoBank
ACB
6.450%
N/A
(c)
8,193,236
3,150
(b)
CoBank
ACB
6.250%
N/A
(c)
2,968,412
5,835
(b)
Farm
Credit
Bank
of
Texas,
144A
6.200%
N/A
(c)
5,222,325
2,420
(b)
Farm
Credit
Bank
of
Texas,
144A
5.700%
N/A
(c)
2,262,700
500
(b),(d)
Fifth
Third
Bancorp
(TSFR3M
reference
rate
+
3.295%
spread)
8.689%
N/A
(c)
450,938
1,025
(b)
Fifth
Third
Bancorp
4.500%
N/A
(c)
871,288
14,985
(d)
First
Citizens
BancShares
Inc/NC
(TSFR3M
reference
rate
+
4.234%
spread)
9.643%
N/A
(c)
15,243,575
910
(b)
Goldman
Sachs
Group
Inc/The
4.400%
N/A
(c)
760,475
925
(b)
Goldman
Sachs
Group
Inc/The
3.800%
N/A
(c)
722,883
2,314
(b)
HSBC
Capital
Funding
Dollar
1
LP,
144A
10.176%
N/A
(c)
2,792,676
8,525
(b)
Huntington
Bancshares
Inc/OH
5.625%
N/A
(c)
6,629,483
2,355
(b)
JPMorgan
Chase
&
Co
6.100%
N/A
(c)
2,322,913
1,830
JPMorgan
Chase
&
Co
3.650%
N/A
(c)
1,587,477
23,065
(b)
JPMorgan
Chase
&
Co
6.750%
N/A
(c)
23,047,491
7,075
(b)
JPMorgan
Chase
&
Co
5.000%
N/A
(c)
6,846,571
2,485
(b)
KeyCorp
5.000%
N/A
(c)
1,655,137
1,440
(b)
M&T
Bank
Corp
3.500%
N/A
(c)
962,939
6,970
(b)
M&T
Bank
Corp
6.450%
N/A
(c)
6,502,493
1,880
(b)
M&T
Bank
Corp
5.125%
N/A
(c)
1,417,751
3,185
PNC
Financial
Services
Group
Inc/The
6.000%
N/A
(c)
2,669,858
13,945
(b),(d)
PNC
Financial
Services
Group
Inc/The
(TSFR3M
reference
rate
+
3.302%
spread)
8.711%
N/A
(c)
13,752,085
2,657
(b)
PNC
Financial
Services
Group
Inc/The
5.000%
N/A
(c)
2,209,685
2,835
PNC
Financial
Services
Group
Inc/The
3.400%
N/A
(c)
2,039,900
7,960
(b)
PNC
Financial
Services
Group
Inc/The
6.250%
N/A
(c)
6,551,086
1,740
(b)
PNC
Financial
Services
Group
Inc/The
6.200%
N/A
(c)
1,548,053
3,545
Regions
Financial
Corp
5.750%
N/A
(c)
3,251,816
12,915
(e)
Truist
Financial
Corp
4.800%
N/A
(c)
10,584,003
6,082
(b)
Truist
Financial
Corp
5.100%
N/A
(c)
4,870,963
Nuveen
Preferred
&
Income
Opportunities
Fund
(continued)
Portfolio
of
Investments
October
31,
2023
(Unaudited)
Principal
Amount
(000)
/Shares
Description
(a)
Coupon
Maturity
Value
Banks
(continued)
$
3,430
(b),(d)
Truist
Financial
Corp
(TSFR3M
reference
rate
+
3.364%
spread)
8.773%
N/A
(c)
$
3,253,496
6,615
(b)
Wells
Fargo
&
Co
7.625%
N/A
(c)
6,623,579
9,547
(b)
Wells
Fargo
&
Co
3.900%
N/A
(c)
8,269,230
6,478
(e)
Wells
Fargo
&
Co
5.900%
N/A
(c)
6,369,851
12,370
(b)
Wells
Fargo
&
Co
5.875%
N/A
(c)
12,018,130
1,385
(b)
Wells
Fargo
&
Co
7.950%
11/15/29
1,460,843
9,666
(d),(e)
Zions
Bancorp
NA
(3-Month
LIBOR
reference
rate
+
4.440%
spread)
10.111%
N/A
(c)
9,106,334
1,105
(d)
Zions
Bancorp
NA
(3-Month
LIBOR
reference
rate
+
3.800%
spread)
9.471%
N/A
(c)
913,463
Total
Banks
261,758,665
Capital
Goods
-
4.3%
15,493
(b)
AerCap
Global
Aviation
Trust,
144A
6.500%
6/15/45
15,198,424
6,030
(b)
AerCap
Holdings
NV
5.875%
10/10/79
5,659,474
4,180
(b)
Air
Lease
Corp
4.650%
N/A
(c)
3,557,776
8,474
(b)
ILFC
E-Capital
Trust
I,
144A
7.459%
12/21/65
6,301,243
1,960
ILFC
E-Capital
Trust
I,
144A
7.209%
12/21/65
1,442,198
Total
Capital
Goods
32,159,115
Energy
-
3.1%
5,765
(b)
Enbridge
Inc
5.750%
7/15/80
4,805,442
4,560
(b)
Enbridge
Inc
8.500%
1/15/84
4,368,331
3,460
(b)
Enbridge
Inc
7.625%
1/15/83
3,094,766
2,578
(b)
Enbridge
Inc
5.500%
7/15/77
2,193,364
1,540
(b)
Enbridge
Inc
6.000%
1/15/77
1,340,089
3,320
(b)
Energy
Transfer
LP
6.500%
N/A
(c)
3,006,857
630
(b)
Energy
Transfer
LP
7.125%
N/A
(c)
523,169
3,015
Transcanada
Trust
5.600%
3/07/82
2,327,044
2,245
(b)
Transcanada
Trust
5.500%
9/15/79
1,778,723
Total
Energy
23,437,785
Financial
Services
-
10.6%
3,674
(b)
Ally
Financial
Inc
4.700%
N/A
(c)
2,384,788
6,365
Ally
Financial
Inc
4.700%
N/A
(c)
3,715,949
4,570
(b)
American
AgCredit
Corp,
144A
5.250%
N/A
(c)
4,181,550
4,560
(b)
American
Express
Co
3.550%
N/A
(c)
3,579,600
2,040
Bank
of
New
York
Mellon
Corp/The
4.700%
N/A
(c)
1,930,801
2,590
(b)
Capital
Farm
Credit
ACA,
144A
5.000%
N/A
(c)
2,331,000
3,215
(b)
Capital
One
Financial
Corp
3.950%
N/A
(c)
2,237,577
5,720
Charles
Schwab
Corp/The
5.375%
N/A
(c)
5,431,472
3,090
(b)
Charles
Schwab
Corp/The
4.000%
N/A
(c)
2,452,443
1,100
Compeer
Financial
ACA,
144A
4.875%
N/A
(c)
990,000
3,175
(b)
Discover
Financial
Services
6.125%
N/A
(c)
2,931,838
1,465
(b)
Discover
Financial
Services
5.500%
N/A
(c)
977,001
7,470
Equitable
Holdings
Inc
4.950%
N/A
(c)
6,807,838
7,411
Goldman
Sachs
Group
Inc/The
5.300%
N/A
(c)
6,907,831
1,775
(b),(d)
Goldman
Sachs
Group
Inc/The
(TSFR3M
reference
rate
+
3.136%
spread)
8.501%
N/A
(c)
1,762,484
1,555
Goldman
Sachs
Group
Inc/The
4.125%
N/A
(c)
1,232,050
5,920
(b)
Goldman
Sachs
Group
Inc/The
7.500%
N/A
(c)
5,806,057
14,454
(b),(e)
Goldman
Sachs
Group
Inc/The
5.500%
N/A
(c)
14,094,416
9,696
(b)
Voya
Financial
Inc
7.748%
N/A
(c)
9,519,386
Total
Financial
Services
79,274,081
Principal
Amount
(000)
/Shares
Description
(a)
Coupon
Maturity
Value
Food,
Beverage
&
Tobacco
-
4.8%
$
2,145
Dairy
Farmers
of
America
Inc,
144A
7.125%
N/A
(c)
$
1,930,500
28,560
(b)
Land
O'
Lakes
Inc,
144A
8.000%
N/A
(c)
25,132,800
7,435
(b)
Land
O'
Lakes
Inc,
144A
7.000%
N/A
(c)
5,427,550
3,860
(b)
Land
O'
Lakes
Inc,
144A
7.250%
N/A
(c)
3,010,800
Total
Food,
Beverage
&
Tobacco
35,501,650
Insurance
-
14.0%
1,615
Aegon
NV
5.500%
4/11/48
1,459,552
1,550
(b)
American
International
Group
Inc
5.750%
4/01/48
1,410,422
16,404
(b)
Assurant
Inc
7.000%
3/27/48
15,711,522
11,519
(b)
Assured
Guaranty
Municipal
Holdings
Inc,
144A
6.400%
12/15/66
9,790,346
3,285
(b)
AXIS
Specialty
Finance
LLC
4.900%
1/15/40
2,584,291
2,395
(b)
Enstar
Finance
LLC
5.750%
9/01/40
2,107,197
4,720
Enstar
Finance
LLC
5.500%
1/15/42
3,762,246
8,710
(b)
Markel
Group
Inc
6.000%
N/A
(c)
8,420,907
6,088
(b)
MetLife
Inc,
144A
9.250%
4/08/38
6,594,278
3,860
(b)
MetLife
Inc
3.850%
N/A
(c)
3,509,505
2,010
(b)
MetLife
Inc
5.875%
N/A
(c)
1,770,254
2,485
(b)
PartnerRe
Finance
B
LLC
4.500%
10/01/50
2,042,396
7,488
(b)
Provident
Financing
Trust
I
7.405%
3/15/38
7,239,680
2,690
(b)
Prudential
Financial
Inc
5.125%
3/01/52
2,287,150
745
(b)
Prudential
Financial
Inc
3.700%
10/01/50
586,957
6,385
(b)
QBE
Insurance
Group
Ltd,
144A
7.500%
11/24/43
6,387,975
2,960
(b)
QBE
Insurance
Group
Ltd,
144A
5.875%
N/A
(c)
2,828,933
14,558
QBE
Insurance
Group
Ltd
,
Reg
S
6.750%
12/02/44
14,317,529
9,700
(b)
SBL
Holdings
Inc,
144A
6.500%
N/A
(c)
5,471,263
10,685
(b)
SBL
Holdings
Inc,
144A
7.000%
N/A
(c)
6,492,413
Total
Insurance
104,774,816
Media
&
Entertainment
-
0.4%
3,690
(b)
Paramount
Global
6.375%
3/30/62
2,715,619
Total
Media
&
Entertainment
2,715,619
Technology
Hardware
&
Equipment
-
0.2%
2,315
(b)
Vodafone
Group
PLC
4.125%
6/04/81
1,749,890
Total
Technology
Hardware
&
Equipment
1,749,890
Telecommunication
Services
-
0.9%
6,644
Vodafone
Group
PLC
7.000%
4/04/79
6,424,229
Total
Telecommunication
Services
6,424,229
Utilities
-
6.3%
4,775
(b)
AES
Andes
SA,
144A
6.350%
10/07/79
4,413,055
2,200
(b)
AES
Andes
SA,
144A
7.125%
3/26/79
2,069,512
2,070
American
Electric
Power
Co
Inc
3.875%
2/15/62
1,625,621
1,210
(b)
CMS
Energy
Corp
4.750%
6/01/50
1,003,407
4,310
(b)
Edison
International
5.000%
N/A
(c)
3,835,736
995
(b)
Edison
International
5.375%
N/A
(c)
891,691
14,680
(b)
Emera
Inc
6.750%
6/15/76
13,805,617
4,750
Sempra
4.875%
N/A
(c)
4,435,864
3,005
Sempra
4.125%
4/01/52
2,314,674
3,580
(b)
Southern
Co/The
4.000%
1/15/51
3,266,335
8,525
(e)
Vistra
Corp,
144A
8.000%
N/A
(c)
8,098,750
1,550
Vistra
Corp,
144A
7.000%
N/A
(c)
1,410,500
Total
Utilities
47,170,762
Total
$1,000
Par
(or
similar)
Institutional
Preferred
(cost
$682,292,316)
611,583,884
Nuveen
Preferred
&
Income
Opportunities
Fund
(continued)
Portfolio
of
Investments
October
31,
2023
(Unaudited)
Principal
Amount
(000)
Description
(a),(f)
Coupon
Maturity
Value
X
–
CONTINGENT
CAPITAL
SECURITIES
-
48.2%
(30.2%
of
Total
Investments)
X
359,886,999
Banks
-
40.6%
$
2,025
(b)
Australia
&
New
Zealand
Banking
Group
Ltd/United
Kingdom,
144A
6.750%
N/A
(c)
$
1,964,655
11,060
(b)
Banco
Bilbao
Vizcaya
Argentaria
SA
6.500%
N/A
(c)
10,419,827
2,810
(b)
Banco
Bilbao
Vizcaya
Argentaria
SA
9.375%
N/A
(c)
2,709,545
5,495
(b)
Banco
Bilbao
Vizcaya
Argentaria
SA
6.125%
N/A
(c)
4,363,618
3,120
(b)
Banco
Mercantil
del
Norte
SA/Grand
Cayman,
144A
7.625%
N/A
(c)
2,827,506
4,700
(b)
Banco
Mercantil
del
Norte
SA/Grand
Cayman,
144A
7.500%
N/A
(c)
4,056,778
8,000
Banco
Santander
SA
,
Reg
S
7.500%
N/A
(c)
7,751,776
11,705
(b)
Banco
Santander
SA
4.750%
N/A
(c)
8,417,421
14,840
(b)
Barclays
PLC
8.000%
N/A
(c)
13,125,980
6,440
Barclays
PLC
6.125%
N/A
(c)
5,752,337
10,185
(e)
Barclays
PLC
8.000%
N/A
(c)
9,961,381
7,560
BNP
Paribas
SA,
144A
6.625%
N/A
(c)
7,454,221
9,125
(b)
BNP
Paribas
SA,
144A
8.500%
N/A
(c)
8,743,472
1,600
(b)
BNP
Paribas
SA,
144A
7.000%
N/A
(c)
1,427,323
13,875
(b)
BNP
Paribas
SA,
144A
7.750%
N/A
(c)
12,864,530
2,500
(b)
BNP
Paribas
SA,
144A
9.250%
N/A
(c)
2,541,222
5,050
BNP
Paribas
SA,
144A
7.375%
N/A
(c)
4,919,646
5,854
(b)
Credit
Agricole
SA,
144A
7.875%
N/A
(c)
5,824,730
12,285
(b)
Credit
Agricole
SA,
144A
8.125%
N/A
(c)
12,131,437
1,925
(b)
Credit
Agricole
SA,
144A
4.750%
N/A
(c)
1,424,898
22,034
(b),(e)
HSBC
Holdings
PLC
6.375%
N/A
(c)
20,771,174
13,585
(b)
HSBC
Holdings
PLC
8.000%
N/A
(c)
13,330,281
13,175
(b),(e)
HSBC
Holdings
PLC
6.000%
N/A
(c)
11,474,963
11,365
ING
Groep
NV
,
Reg
S
6.750%
N/A
(c)
11,281,651
10,560
(b)
ING
Groep
NV
5.750%
N/A
(c)
9,287,995
7,585
(b)
ING
Groep
NV
6.500%
N/A
(c)
7,096,903
5,575
(b)
Intesa
Sanpaolo
SpA,
144A
7.700%
N/A
(c)
5,206,320
5,075
(b)
Lloyds
Banking
Group
PLC
8.000%
N/A
(c)
4,456,394
7,450
(b)
Lloyds
Banking
Group
PLC
7.500%
N/A
(c)
7,260,558
15,665
(b),(e)
Lloyds
Banking
Group
PLC
7.500%
N/A
(c)
14,533,987
3,350
(b)
Macquarie
Bank
Ltd/London,
144A
6.125%
N/A
(c)
2,965,196
9,190
(b)
NatWest
Group
PLC
8.000%
N/A
(c)
8,921,606
9,319
(b)
NatWest
Group
PLC
6.000%
N/A
(c)
8,537,215
5,180
(b)
Nordea
Bank
Abp,
144A
6.625%
N/A
(c)
4,842,544
7,331
(b)
Societe
Generale
SA,
144A
7.875%
N/A
(c)
7,263,805
13,230
(b)
Societe
Generale
SA,
144A
9.375%
N/A
(c)
12,771,893
6,268
(b)
Societe
Generale
SA,
144A
8.000%
N/A
(c)
6,139,384
2,820
Societe
Generale
SA,
144A
4.750%
N/A
(c)
2,260,967
2,066
(b)
Societe
Generale
SA,
144A
6.750%
N/A
(c)
1,661,330
2,681
Standard
Chartered
PLC,
144A
6.000%
N/A
(c)
2,522,672
6,880
(b)
Standard
Chartered
PLC,
144A
7.750%
N/A
(c)
6,600,962
5,500
UniCredit
SpA
,
Reg
S
8.000%
N/A
(c)
5,417,500
Total
Banks
303,287,603
Financial
Services
-
7.6%
18,475
(b)
Deutsche
Bank
AG
6.000%
N/A
(c)
14,875,255
2,400
(b)
Deutsche
Bank
AG
7.500%
N/A
(c)
2,126,540
400
Deutsche
Bank
AG
,
Reg
S
4.789%
N/A
(c)
330,000
13,740
(b)
UBS
Group
AG,
144A
7.000%
N/A
(c)
13,624,378
13,675
UBS
Group
AG
,
Reg
S
7.000%
N/A
(c)
13,247,656
13,175
UBS
Group
AG
,
Reg
S
6.875%
N/A
(c)
12,395,567
Total
Financial
Services
56,599,396
Total
Contingent
Capital
Securities
(cost
$387,137,686)
359,886,999
Shares
Description
(a)
Coupon
Value
X
–
$25
PAR
(OR
SIMILAR)
RETAIL
PREFERRED
-
28.3%
(17.7%
of
Total
Investments)
X
211,196,249
Banks
-
7.7%
49,824
CoBank
ACB
6.200%
$
4,810,507
159,700
(b)
Farm
Credit
Bank
of
Texas,
144A
9.681%
15,890,150
221,181
(b)
Fifth
Third
Bancorp
6.625%
5,390,181
427,000
(b)
KeyCorp
6.200%
7,135,170
138,275
KeyCorp
6.125%
2,468,209
337,570
(b)
New
York
Community
Bancorp
Inc
6.375%
7,129,479
219,461
(b)
Regions
Financial
Corp
6.375%
4,602,097
67,764
(b)
Regions
Financial
Corp
5.700%
1,209,587
91,115
Synovus
Financial
Corp
5.875%
2,070,133
68,200
(b)
Wells
Fargo
&
Co
4.750%
1,213,960
141,500
(b)
Western
Alliance
Bancorp
4.250%
2,218,720
160,747
Wintrust
Financial
Corp
6.875%
3,848,283
Total
Banks
57,986,476
Capital
Goods
-
1.0%
207,815
(b)
Air
Lease
Corp
6.150%
5,012,498
76,500
(b)
WESCO
International
Inc
10.625%
2,039,490
Total
Capital
Goods
7,051,988
Energy
-
2.3%
60,200
(b)
Energy
Transfer
LP
7.600%
1,488,144
242,497
(b),(e)
NuStar
Energy
LP
11.315%
6,086,675
221,982
(b)
NuStar
Energy
LP
12.438%
5,653,882
163,374
(b)
NuStar
Logistics
LP
12.389%
4,244,456
Total
Energy
17,473,157
Financial
Services
-
5.2%
47,800
(e)
AgriBank
FCB
6.875%
4,780,000
84,573
(b)
Capital
One
Financial
Corp
5.000%
1,377,694
114,400
Equitable
Holdings
Inc
5.250%
2,062,632
68,813
Federal
Agricultural
Mortgage
Corp
6.000%
1,704,567
444,260
(b),(e)
Morgan
Stanley
7.125%
11,150,926
203,611
(b)
Morgan
Stanley
5.850%
4,450,936
110,293
(b)
Morgan
Stanley
6.875%
2,696,664
100,352
Morgan
Stanley
6.375%
2,360,279
72,100
(b)
Morgan
Stanley
6.500%
1,777,986
132,414
(b)
Synchrony
Financial
5.625%
1,955,755
204,839
Voya
Financial
Inc
5.350%
4,238,119
Total
Financial
Services
38,555,558
Food,
Beverage
&
Tobacco
-
2.7%
295,991
(b)
CHS
Inc
7.100%
7,319,858
279,909
(b)
CHS
Inc
6.750%
6,619,848
156,811
(b)
CHS
Inc
7.875%
4,011,225
23,900
Dairy
Farmers
of
America
Inc,
144A
7.875%
2,145,025
Total
Food,
Beverage
&
Tobacco
20,095,956
Insurance
-
9.0%
460,300
(e)
American
Equity
Investment
Life
Holding
Co
5.950%
9,735,345
226,000
American
Equity
Investment
Life
Holding
Co
6.625%
5,179,920
423,677
(b)
Aspen
Insurance
Holdings
Ltd
9.593%
10,710,554
107,800
(b)
Aspen
Insurance
Holdings
Ltd
5.625%
1,833,678
82,800
(b)
Assurant
Inc
5.250%
1,550,016
348,505
(b)
Athene
Holding
Ltd
6.350%
7,363,911
220,152
Athene
Holding
Ltd
6.375%
5,343,089
80,000
(b)
Axis
Capital
Holdings
Ltd
5.500%
1,559,200
63,400
Delphi
Financial
Group
Inc
8.816%
1,410,650
319,645
(e)
Enstar
Group
Ltd
7.000%
7,604,354
Nuveen
Preferred
&
Income
Opportunities
Fund
(continued)
Portfolio
of
Investments
October
31,
2023
(Unaudited)
Investments
in
Derivatives
Shares
Description
(a)
Coupon
Value
Insurance
(continued)
219,645
Maiden
Holdings
North
America
Ltd
7.750%
$
3,962,396
273,630
(b)
Reinsurance
Group
of
America
Inc
5.750%
6,709,408
116,700
(b)
Reinsurance
Group
of
America
Inc
7.125%
2,975,850
79,073
(b)
Selective
Insurance
Group
Inc
4.600%
1,249,353
Total
Insurance
67,187,724
Telecommunication
Services
-
0.2%
99,300
(b)
AT&T
Inc
4.750%
1,717,890
Total
Telecommunication
Services
1,717,890
Utilities
-
0.2%
45,100
(b)
NiSource
Inc
6.500%
1,127,500
Total
Utilities
1,127,500
Total
$25
Par
(or
similar)
Retail
Preferred
(cost
$235,711,938)
211,196,249
Principal
Amount
(000)
Description
(a)
Coupon
Maturity
Value
X
–
CORPORATE
BONDS
-
1.1%
(0.7%
of
Total
Investments)
X
8,078,917
Financial
Services
-
0.8%
$
18,750
Credit
Suisse
Group
AG
0.000%
1/17/72
$
1,968,750
10,605
Credit
Suisse
Group
AG
7.500%
6/11/72
1,113,525
10,229
Credit
Suisse
Group
AG
7.250%
3/12/72
1,074,045
8,090
Credit
Suisse
Group
AG
6.380%
2/21/72
849,450
7,835
Credit
Suisse
Group
AG
7.500%
1/17/72
822,675
Total
Financial
Services
5,828,445
Insurance
-
0.3%
2,375
(b)
Fidelis
Insurance
Holdings
Ltd,
144A
6.625%
4/01/41
2,250,472
Total
Insurance
2,250,472
Total
Corporate
Bonds
(cost
$56,841,256)
8,078,917
Shares
Description
(a)
Value
X
–
COMMON
STOCKS
-
0.0%
(0.0%
of
Total
Investments)
X
5,414
Materials
-
0.0%
60
LyondellBasell
Industries
NV,
Class
A
$
5,414
Total
Materials
5,414
Total
Common
Stocks
(cost
$–)
5,414
Total
Long-Term
Investments
(cost
$1,361,983,196)
1,190,751,463
Borrowings
-
(30.5)%
(g),(h)
(227,700,000)
Reverse
Repurchase
Agreements,
including
accrued
interest
-
(13.8)%(i)
(102,639,332)
TFP
Shares,
Net
-
(20.0)%(j)
(149,370,180)
Other
Assets
&
Liabilities,
Net
- 4.8%
35,375,597
Net
Assets
Applicable
to
Common
Shares
-
100%
$
746,417,548
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
–
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
–
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
–
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Futures
Contracts
-
Long
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
Value
Unrealized
Appreciation
(Depreciation)
U.S.
Treasury
10-Year
Note
461
12/23
$
50,768,570
$
48,945,234
$
(1,823,336)
U.S.
Treasury
Ultra
Bond
159
12/23
18,995,865
17,897,438
(1,098,427)
Total
$69,764,435
$66,842,672
$(2,921,763)
Interest
Rate
Swaps
-
OTC
Uncleared
Counterparty
Notional
Amount
Fund
Pay/Receive
Floating
Rate
Floating
Rate
Index
Fixed
Rate
(Annualized)
Fixed
Rate
Payment
Frequency
Effective
Date
(a)
Optional
Termination
Date
Maturity
Date
Value
Unrealized
Appreciation
(Depreciation)
Morgan
Stanley
Capital
Services,
LLC
$
277,500,000
Receive
1-Month
LIBOR
1.994%
Monthly
6/01/18
7/01/25
7/01/27
$
13,925,374
$
13,925,374
Morgan
Stanley
Capital
Services,
LLC
48,000,000
Receive
1-Month
LIBOR
2.364%
Monthly
7/01/19
7/01/26
7/01/28
2,881,306
2,881,306
Total
$
16,806,680
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
$1,000
Par
(or
similar)
Institutional
Preferred
$
–
$
611,583,884
$
–
$
611,583,884
Contingent
Capital
Securities
–
359,886,999
–
359,886,999
$25
Par
(or
similar)
Retail
Preferred
198,050,067
13,146,182
–
211,196,249
Corporate
Bonds
–
8,078,917
–
8,078,917
Common
Stocks
5,414
–
–
5,414
Investments
in
Derivatives:
Futures
Contracts*
(2,921,763)
–
–
(2,921,763)
Interest
Rate
Swaps*
–
16,806,680
–
16,806,680
Total
$
195,133,718
$
1,009,502,662
$
–
$
1,204,636,380
*
Represents
net
unrealized
appreciation
(depreciation).
Nuveen
Preferred
&
Income
Opportunities
Fund
(continued)
Portfolio
of
Investments
October
31,
2023
(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.
(a)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets
applicable
to
common
shares
unless
otherwise
noted.
(b)
Investment,
or
portion
of
investment,
has
been
pledged
to
collateralize
the
net
payment
obligations
for
investments
in
reverse
repurchase
agreements.
As
of
the
end
of
the
reporting
period,
investments
with
a
value
of
$636,455,966
have
been
pledged
as
collateral
for
reverse
repurchase
agreements.
(c)
Perpetual
security.
Maturity
date
is
not
applicable.
(d)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(e)
Investment,
or
portion
of
investment,
is
hypothecated.
The
total
value
of
investments
hypothecated
as
of
the
end
of
the
reporting
period
was
$141,234,961.
(f)
Contingent
Capital
Securities
(“CoCos”)
are
hybrid
securities
with
loss
absorption
characteristics
built
into
the
terms
of
the
security
for
the
benefit
of
the
issuer.
For
example,
the
terms
may
specify
an
automatic
write-down
of
principal
or
a
mandatory
conversion
into
the
issuer’s
common
stock
under
certain
adverse
circumstances,
such
as
the
issuer’s
capital
ratio
falling
below
a
specified
level.
(g)
Borrowings
as
a
percentage
of
Total
Investments
is
19.1%.
(h)
The
Fund
may
pledge
up
to
100%
of
its
eligible
investments
(excluding
any
investments
separately
pledged
as
collateral
for
specific
investments
in
derivatives,
when
applicable)
in
the
Portfolio
of
Investments
as
collateral
for
borrowings.
As
of
the
end
of
the
reporting
period,
investments
with
a
value
of
$558,232,728
have
been
pledged
as
collateral
for
borrowings.
(i)
Reverse
Repurchase
Agreements,
including
accrued
interest
as
a
percentage
of
Total
investments
is
8.6%.
(j)
TFP
Shares,
Net
as
a
percentage
of
Total
Investments
is
12.5%.
(k)
Effective
date
represents
the
date
on
which
both
the
Fund
and
counterparty
commence
interest
payment
accruals
on
each
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.
LIBOR
London
Inter-Bank
Offered
Rate
Reg
S
Regulation
S
allows
U.S.
companies
to
sell
securities
to
persons
or
entities
located
outside
of
the
United
States
without
registering
those
securities
with
the
Securities
and
Exchange
Commission.
Specifically,
Regulation
S
provides
a
safe
harbor
from
the
registration
requirements
of
the
Securities
Act
for
the
offers
and
sales
of
securities
by
both
foreign
and
domestic
issuers
that
are
made
outside
the
United
States.
TSFR
3M
CME
Term
SOFR
3
Month
Nuveen Preferred and Inc... (NYSE:JPC)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024
Nuveen Preferred and Inc... (NYSE:JPC)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024
