1
Nuveen
Pennsylvania
Quality
Municipal
Income
Fund
Portfolio
of
Investments
May
31,
2023
(Unaudited)
NQP
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
LONG-TERM
INVESTMENTS
-
164.0% (100.0%
of
Total
Investments)  
X
754,101,096
MUNICIPAL
BONDS
-
154.5%  (94.2%
of
Total
Investments)
X
754,101,096
Consumer
Staples
-
0.5%
(0.3%
of
Total
Investments)
$
2,000
Pennsylvania
Economic
Development
Financing
Authority,
Solid
Waste
Disposal
Revenue
Bonds,
Procter
&
Gamble
Paper
Project,
Series
2001,
5.375%,
3/01/31,
(AMT)
No
Opt.
Call
AA-
$
2,270,080
Total
Consumer
Staples
2,270,080
Education
and
Civic
Organizations
-
16.5%
(10.1%
of
Total
Investments)
715
Allegheny
County
Higher
Education
Building
Authority,
Pennsylvania,
College
Revenue
Refunding
Bonds,
Robert
Morris
College,
Series
1998A,
6.000%,
5/01/28
No
Opt.
Call
Baa3
748,548
Allegheny
County
Higher
Education
Building
Authority,
Pennsylvania,
Revenue
Bonds,
Robert
Morris
University,
Series
2016:
735
3.000%,
10/15/30
10/26
at
100.00
Baa3
650,703
1,000
5.000%,
10/15/38
10/26
at
100.00
Baa3
982,140
1,625
Allegheny
County
Higher
Education
Building
Authority,
Pennsylvania,
Revenue
Bonds,
Robert
Morris
University,
Series
2017,
5.000%,
10/15/47
10/27
at
100.00
Baa3
1,527,240
Berks
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,  Alvernia
University
Project,
Series
2020:
590
5.000%,
10/01/39
10/29
at
100.00
BB+
561,479
20
5.000%,
10/01/49
10/29
at
100.00
BB+
17,852
3,215
Bucks
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
School
Lane
Charter
School
Project,
Series
2016,
5.125%,
3/15/36
3/27
at
100.00
BBB-
3,267,662
835
Chester
County
Industrial
Development
Authority,
Pennsylvania,
Avon
Grove
Charter
School
Revenue
Bonds,
Series
2017A,
5.000%,
12/15/47
12/27
at
100.00
BBB-
809,908
1,000
Chester
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Collegium
Charter
School
Project,
Series
2022,
6.000%,
10/15/52,
144A
10/32
at
100.00
BB
973,020
2,200
Crawford
County
Industrial
Development
Authority,
Pennsylvania,
College
Revenue
Bonds,
Allegheny
College,
Series
2016,
3.000%,
5/01/34
5/26
at
100.00
A-
2,032,360
1,000
Cumberland
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Dickinson
College
Project,
Second
Series
2017A,
5.000%,
11/01/39
11/27
at
100.00
A+
1,055,120
1,230
Dallas
Area
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Misericordia
University
Project,
Series
2019,
5.000%,
5/01/48
5/29
at
100.00
Baa3
1,137,529
1,020
Dallas
Area
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Misericordia
University,
Series
2014,
5.000%,
5/01/37
5/24
at
100.00
Baa3
998,570
4,595
Erie
Higher
Education
Building
Authority,
Pennsylvania,
Revenue
Bonds,
Gannon
University,
Series
2016,
4.000%,
5/01/46
11/26
at
100.00
BBB+
3,680,411
2,395
General
Authority
of
Southcentral
Pennsylvania,
Revenue
Bonds,
AICUP
Financing
Program-York
College
of
Pennsylvania,
Series
2017
PP4,
3.375%,
11/01/37
10/27
at
100.00
A-
2,104,175
Huntingdon
County
General
Authority,
Pennsylvania,
Revenue
Bonds,
Juniata
College,
Series
2016OO2:
590
3.250%,
5/01/36
5/26
at
100.00
BBB
509,324
1,555
3.500%,
5/01/41
5/26
at
100.00
BBB
1,276,437
2,000
Indiana
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Foundation
for
Indiana
University
of
Pennsylvania
Project,
Refunding
Series
2022,
4.000%,
5/01/54
-
BAM
Insured
5/32
at
100.00
AA
1,853,100
Lackawanna
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
University
of
Scranton,
Series
2017:
350
3.375%,
11/01/33
11/27
at
100.00
A-
329,347
2,925
4.000%,
11/01/40
11/27
at
100.00
A-
2,714,224
2,000
McCandless
Industrial
Development
Authority,
Pennsylvania,
La
Roche
University
Revenue
Bonds,
Series
A
and
B
of
2022,
6.750%,
12/01/46
12/32
at
100.00
N/R
1,892,220
Nuveen
Pennsylvania
Quality
Municipal
Income
Fund
(continued)
Portfolio
of
Investments
May
31,
2023
(Unaudited)
2
NQP
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Education
and
Civic
Organizations
(continued)
$
1,490
Pennsylvania
Higher
Education
Assistance
Agency,
Education
Loan
Revenue
Bonds,
Senior
Series
2021A,
2.625%,
6/01/42,
(AMT)
6/30
at
100.00
Aa2
$
1,250,602
2,755
Pennsylvania
Higher
Education
Assistance
Agency,
Education
Loan
Revenue
Bonds,
Senior
Series
2022A,
4.500%,
6/01/43,
(AMT)
6/31
at
100.00
Aa2
2,747,479
1,545
Pennsylvania
Higher
Education
Assistance
Agency,
Education
Loan
Revenue
Bonds,
Senior
Series
2023A,
4.000%,
6/01/44,
(AMT)
6/32
at
100.00
N/R
1,480,280
1,465
Pennsylvania
Higher
Educational
Facilites
Authority,  Revenue
Bonds,
Holy
Family
University,
Series
2013A,
6.500%,
9/01/38
9/23
at
100.00
A-
1,475,226
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Bryn
Mawr
College,
Refunding
Series
2014:
2,545
5.000%,
12/01/38
12/24
at
100.00
AA+
2,576,405
2,080
5.000%,
12/01/44
12/24
at
100.00
AA+
2,101,445
360
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
LaSalle
University,
Series
2012,
4.000%,
5/01/32
7/23
at
100.00
BB+
315,831
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
University
of
the
Sciences
in
Philadelphia,
Series
2012:
1,030
4.000%,
11/01/39
7/23
at
100.00
N/R
908,553
4,300
5.000%,
11/01/42
7/23
at
100.00
N/R
4,180,374
1,310
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
University
of
the
Sciences
in
Philadelphia,
Series
2015A,
5.000%,
11/01/36
11/25
at
100.00
N/R
1,323,192
1,440
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Widener
University,
Series
2021A,
4.000%,
7/15/46
7/31
at
100.00
A-
1,225,512
8,335
Pennsylvania
State
University,
Revenue
Bonds,
Series
2022A,
5.000%,
9/01/47
9/32
at
100.00
Aa1
9,055,144
1,255
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Revenue
Bonds,
La
Salle
University,
Series
2017,
3.625%,
5/01/35
11/27
at
100.00
BB+
1,005,644
500
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Revenue
Bonds,
Richard
Allen
Preparatory
Charter
School,
Series
2006,
6.250%,
5/01/33
7/23
at
100.00
N/R
459,075
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Revenue
Bonds,
Saint
Joseph?s
University
Project,
Refunding
Series
2020C.
Forward
Delivery:
1,500
4.000%,
11/01/36
11/29
at
100.00
A-
1,467,480
1,400
4.000%,
11/01/37
11/29
at
100.00
A-
1,353,562
3,000
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Revenue
Bonds,
Saint
Josephs
University
Project,
Series
2022,
5.500%,
11/01/60
11/32
at
100.00
A-
3,218,760
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Revenue
Bonds,
University
of
the
Arts,
Series
2017:
2,280
5.000%,
3/15/45,
144A
3/28
at
100.00
BB-
1,916,864
2,320
Scranton-Lackawanna
Health
and
Welfare
Authority,
Pennsylvania,
Revenue
Bonds,
University
of
Scranton,
Series
2016,
5.000%,
11/01/37
5/26
at
100.00
A-
2,383,058
5,250
Scranton-Lackawanna
Health
and
Welfare
Authority,
Pennsylvania,
University
Revenue
Bonds,
Marywood
University,
Series
2016,
5.000%,
6/01/46
6/26
at
100.00
BB+
4,647,352
3,555
Washington
County
Industrial
Development
Authority,
Pennsylvania,
College
Revenue
Bonds,
AICUP
Financing
Program-Washington
and
Jefferson
College
Project,
Series
2017-PP5,
3.375%,
11/01/36
11/27
at
100.00
BBB+
3,105,328
Wilkes-Barre
Finance
Authority,
Pennsylvania,
Revenue
Bonds,
University
of
Scranton,
Series
2015A:
1,890
5.000%,
11/01/32
11/25
at
100.00
A-
1,958,663
740
5.000%,
11/01/33
11/25
at
100.00
A-
766,433
675
4.000%,
11/01/35
11/25
at
100.00
A-
659,529
Total
Education
and
Civic
Organizations
80,703,160
3
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Health
Care
-
30.6%
(18.6%
of
Total
Investments)
$
17,075
Allegheny
County
Hospital
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Allegheny
Health
Network
Obligated
Group
Issue,
Series
2018A,
4.000%,
4/01/44
4/28
at
100.00
A
$
15,297,834
Allegheny
County
Hospital
Development
Authority,
Pennsylvania,
Revenue
Bonds,
University
of
Pittsburgh
Medical
Center,
Series
2019A:
210
4.000%,
7/15/35
7/29
at
100.00
A
211,785
2,300
4.000%,
7/15/36
7/29
at
100.00
A
2,303,956
Berks
County
Industrial
Development
Authority,
Pennsylvania,
Health
System
Revenue
Bonds,
Tower
Health
Project,
Series
2017:
1,260
3.750%,
11/01/42
11/27
at
100.00
B
650,488
4,100
5.000%,
11/01/50,
(UB)
(4)
11/27
at
100.00
B
2,320,846
7,335
5.000%,
11/01/50
11/27
at
100.00
B
4,152,050
10,170
Bucks
County
Industrial
Development
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Saint
Luke's
University
Health
Network
Project,
Series
2021,
3.000%,
8/15/53
8/30
at
100.00
A-
6,722,878
2,000
Butler
County
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Butler
Health
System
Project,
Series
2015A,
5.000%,
7/01/39
7/25
at
100.00
A
1,870,540
Chester
County
Health
and
Education
Facilities
Authority,
Pennsylvania,
Health
System
Revenue
Bonds,
Main
Line
Health
System,
Series
2017A:
2,470
4.000%,
10/01/36
10/27
at
100.00
AA-
2,461,602
1,580
4.000%,
10/01/37
10/27
at
100.00
AA-
1,556,932
6,970
Chester
County
Health
and
Education
Facilities
Authority,
Pennsylvania,
Health
System
Revenue
Bonds,
Main
Line
Health
System,
Series
2020A,
4.000%,
9/01/50
9/30
at
100.00
AA-
6,327,505
Dauphin
County
General
Authority,
Pennsylvania,
Health
System
Revenue
Bonds,
Pinnacle
Health
System
Project,
Refunding
Series
2016A:
1,375
5.000%,
6/01/34
6/26
at
100.00
A
1,425,270
375
5.000%,
6/01/35
6/26
at
100.00
A
387,562
2,275
Doylestown
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Series
2016A,
5.000%,
7/01/41
7/26
at
100.00
B3
1,930,042
Doylestown
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Series
2019A:
1,225
4.000%,
7/01/45
7/29
at
100.00
B3
870,791
1,500
5.000%,
7/01/49
7/29
at
100.00
B3
1,203,135
5,000
Dubois
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Penn
Highlands
Healthcare,
Series
2018,
5.000%,
7/15/48
1/28
at
100.00
A-
5,098,600
4,555
Geisinger
Authority,
Montour
County,
Pennsylvania,
Health
System
Revenue
Bonds,
Geisinger
Health
System,
Series
2014A,
5.000%,
6/01/41
6/24
at
100.00
AA-
4,590,711
9,545
Geisinger
Authority,
Montour
County,
Pennsylvania,
Health
System
Revenue
Bonds,
Geisinger
Health
System,
Series
2020A,
4.000%,
4/01/50
4/30
at
100.00
AA-
8,672,110
1,650
Lancaster
County
Hospital
Authority,
Pennsylvania,
Revenue
Bonds,
Penn
State
Health,
Series
2021,
5.000%,
11/01/51
11/29
at
100.00
A
1,690,623
2,200
Lancaster
County
Hospital
Authority,
Revenue
Bonds,
University
of
Pennsylvania
Health
System,
Refunding
Series
2016B,
5.000%,
8/15/46,
(UB)
(4)
8/26
at
100.00
AA
2,240,568
3,000
Lancaster
County
Hospital
Authority,
Revenue
Bonds,
University
of
Pennsylvania
Health
System,
Series
2016A,
5.000%,
8/15/42,
(UB)
(4)
8/26
at
100.00
AA
3,081,930
3,350
Lehigh
County
General
Purpose
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Lehigh
Valley
Health
Network,
Refunding
Series
2016A,
4.000%,
7/01/35
7/26
at
100.00
A+
3,338,108
1,530
Lehigh
County
General
Purpose
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Lehigh
Valley
Health
Network,
Series
2012B,
4.000%,
7/01/43
6/23
at
100.00
A2
1,419,289
Nuveen
Pennsylvania
Quality
Municipal
Income
Fund
(continued)
Portfolio
of
Investments
May
31,
2023
(Unaudited)
4
NQP
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Health
Care
(continued)
Lehigh
County
General
Purpose
Authority,
Pennsylvania,
Revenue
Bonds,
Good
Shepherd
Group,
Refunding
Series
2016:
$
1,265
3.000%,
11/01/36
5/26
at
100.00
A-
$
1,020,273
2,850
4.000%,
11/01/41,
(UB)
(4)
5/26
at
100.00
A-
2,586,575
4,955
4.000%,
11/01/46,
(UB)
(4)
5/26
at
100.00
A-
4,297,719
Monroe
County
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Pocono
Medical
Center,
Series
2016:
1,020
3.375%,
7/01/32
7/26
at
100.00
A+
996,907
2,650
5.000%,
7/01/41
7/26
at
100.00
A+
2,672,552
1,855
Montgomery
County
Higher
Education
and
Health
Authority,
Pennsylvania,
Revenue
Bonds,
Thomas
Jefferson
University,
Series
2018A,
5.000%,
9/01/48
9/28
at
100.00
A
1,899,464
Montgomery
County
Higher
Education
and
Health
Authority,
Pennsylvania,
Revenue
Bonds,
Thomas
Jefferson
University,
Series
2019:
3,310
4.000%,
9/01/44
9/29
at
100.00
A
3,040,169
395
4.000%,
9/01/49
9/29
at
100.00
A
350,274
3,820
Montgomery
County
Higher
Education
and
Health
Authority,
Pennsylvania,
Revenue
Bonds,
Thomas
Jefferson
University,
Series
2022B,
4.000%,
5/01/52
5/32
at
100.00
A
3,341,469
200
Pennsylvania
Economic
Development
Financing
Authority,
Revenue
Bonds,
University
of
Pittsburgh
Medical
Center,
Fixed
Rate
Series
2023A-2,
4.000%,
5/15/48
5/33
at
100.00
A
186,208
4,000
Pennsylvania
Economic
Development
Financing
Authority,
Revenue
Bonds,
University
of
Pittsburgh
Medical
Center,
Series
2013A,
5.000%,
7/01/43
7/23
at
100.00
A
4,004,560
715
Pennsylvania
Economic
Development
Financing
Authority,
Revenue
Bonds,
University
of
Pittsburgh
Medical
Center,
Series
2022A,
5.000%,
2/15/47
2/32
at
100.00
A
735,871
7,125
Pennsylvania
HIgher
Educational
Facilities
Authority,
Revenue
Bonds,
Thomas
Jefferson
University,
Refunding
Series
2015A,
5.250%,
9/01/50,
(UB)
(4)
3/25
at
100.00
A
7,191,049
14,945
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
University
of
Pennsylvania
Health
System,
Refunding
Series
2016C,
4.000%,
8/15/41
8/26
at
100.00
AA
14,476,624
11,775
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
University
of
Pennsylvania
Health
System,
Series
2019,
4.000%,
8/15/49
8/29
at
100.00
AA
10,908,360
1,800
Philadelphia
Hospitals
and
Higher
Education
Facilities
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Temple
University
Health
System
Obligated
Group,
Series
of
2017,
5.000%,
7/01/30
7/27
at
100.00
BBB
1,854,666
Pocono
Mountains
Industrial
Park
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Saint
Luke's
Hospital
-Monroe
Project,
Series
2015A:
3,000
5.000%,
8/15/40
2/25
at
100.00
A-
3,023,910
1,170
4.000%,
8/15/45
2/25
at
100.00
A-
1,062,547
3,000
Pottsville
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Lehigh
Valley
Health
Network,
Series
2016B,
5.000%,
7/01/45
1/27
at
100.00
A+
3,051,120
Saint
Mary
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Trinity
Health
Credit
Group,
Refunding
Series
2019PA:
665
5.000%,
12/01/48
12/28
at
100.00
AA-
679,058
1,305
Southcentral
Pennsylvania
General
Authority,
Revenue
Bonds,
Wellspan
Health
Obligated
Group,
Series
2019A,
5.000%,
6/01/49
6/29
at
100.00
Aa3
1,352,163
705
Westmoreland
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Excela
Health
Project,
Series
2020A,
4.000%,
7/01/37
1/31
at
100.00
Baa2
639,026
Total
Health
Care
149,195,719
5
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Housing/Multifamily
-
0.7%
(0.4%
of
Total
Investments)
$
160
Chester
County
Industrial
Development
Authority,
Pennsylvania,
Student
Housing
Revenue
Bonds,
University
Student
Housing,
LLC
Project
at
West
Chester
University
Series
2013A,
5.000%,
8/01/45
8/23
at
100.00
Ba2
$
150,197
1,650
Clarion
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Clarion
University
Foundation
Inc.
Student
Housing
Project
at
Clarion
University,
Series
2014A,
5.000%,
7/01/45
7/24
at
100.00
A1
1,662,210
270
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
University
Properties
Inc.
Student
Housing
Project
at
East
Stroudsburg
University
of
Pennsylvania,
Series
2016A,
5.000%,
7/01/31
7/26
at
100.00
Baa3
269,811
1,385
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Multifamily
Housing
Revenue
Bonds,
Presbyterian
Homes
Germantown
-
Morrisville
Project,
Series
2005A,
5.625%,
7/01/35
7/23
at
100.00
Baa3
1,412,783
Total
Housing/Multifamily
3,495,001
Housing/Single
Family
-
23.3%
(14.2%
of
Total
Investments)
3,060
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2015-117B,
3.900%,
10/01/35,
(UB)
(4)
10/24
at
100.00
AA+
2,999,381
2,105
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2016-119,
3.500%,
10/01/36
4/25
at
100.00
AA+
2,033,956
4,890
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2016-120,
3.200%,
4/01/40
10/25
at
100.00
AA+
4,268,090
8,885
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2016-121,
3.200%,
10/01/41
10/25
at
100.00
AA+
7,405,470
11,450
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2016-121,
3.200%,
10/01/41,
(UB)
(4)
10/25
at
100.00
AA+
9,543,346
1,080
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2017-122,
3.650%,
10/01/32,
(UB)
4/26
at
100.00
AA+
1,063,411
3,895
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2017-123B,
3.450%,
10/01/32
10/26
at
100.00
AA+
3,795,093
5,000
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2017-124B,
3.500%,
10/01/37,
(UB)
(4)
10/26
at
100.00
AA+
4,669,350
1,000
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019-130A,
3.000%,
10/01/46
10/28
at
100.00
AA+
747,290
3,880
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2019-131A,
3.000%,
10/01/39
4/29
at
100.00
AA+
3,217,335
2,000
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020-132A,
2.550%,
10/01/41
10/29
at
100.00
AA+
1,502,340
10,000
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020-132A,
2.550%,
10/01/41,
(UB)
(4)
10/29
at
100.00
AA+
7,511,700
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2020-133:
1,500
2.350%,
10/01/40
10/29
at
100.00
AA+
1,093,335
1,350
2.500%,
10/01/45
10/29
at
100.00
AA+
958,621
1,565
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2021-136,
2.550%,
10/01/51
10/30
at
100.00
AA+
1,066,986
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2023-141A:
4,105
4.600%,
10/01/43,
(UB)
(4)
10/32
at
100.00
AA+
4,093,834
5,000
4.700%,
10/01/46,
(UB)
(4)
10/32
at
100.00
AA+
4,968,550
10,000
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Series
2023-142A,
4.900%,
10/01/46,
(UB)
10/32
at
100.00
AA+
10,114,700
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021-134A:
5,000
1.850%,
4/01/36
10/29
at
100.00
AA+
3,747,050
3,650
2.050%,
4/01/41
10/29
at
100.00
AA+
2,508,718
2,505
2.100%,
10/01/43
10/29
at
100.00
AA+
1,712,744
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021-135A:
5,295
2.250%,
10/01/41
10/30
at
100.00
AA+
3,739,435
6,855
2.375%,
10/01/46
10/30
at
100.00
AA+
4,570,366
7,705
2.500%,
10/01/50
10/30
at
100.00
AA+
5,070,044
Nuveen
Pennsylvania
Quality
Municipal
Income
Fund
(continued)
Portfolio
of
Investments
May
31,
2023
(Unaudited)
6
NQP
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Housing/Single
Family
(continued)
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2021-137:
$
5,240
2.450%,
10/01/41
4/31
at
100.00
AA+
$
3,802,563
6,545
2.600%,
4/01/46
4/31
at
100.00
AA+
4,514,938
3,335
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2022-138A,
3.000%,
4/01/42
10/31
at
100.00
AA+
2,638,885
8,500
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2022-1394A,
4.150%,
10/01/42
4/32
at
100.00
AA+
8,065,990
2,480
Pennsylvania
Housing
Finance
Agency,
Single
Family
Mortgage
Revenue
Bonds,
Social
Series
2022-140A,
4.450%,
10/01/47
4/32
at
100.00
AA+
2,360,018
Total
Housing/Single
Family
113,783,539
Industrials
-
1.5%
(0.9%
of
Total
Investments)
500
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
KDC
Agribusiness
Fairless
Hills
LLC
Project,
Series
2020A-1,
10.000%,
12/01/40,
144A
(5)
6/30
at
100.00
N/R
448,795
500
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
KDC
Agribusiness
Fairless
Hills
LLC
Project,
Series
2020A-2,
10.000%,
12/01/40,
(AMT),
144A
(5)
6/30
at
100.00
N/R
448,795
6,455
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
National
Gypsum
Company,
Refunding
Series
2014,
5.500%,
11/01/44,
(AMT)
11/24
at
100.00
N/R
6,477,205
Total
Industrials
7,374,795
Long-Term
Care
-
7.3%
(4.5%
of
Total
Investments)
Berks
County
Industrial
Development
Authority,
Pennsylvania,
Healthcare
Facilities
Revenue
Bonds,
Highlands
at
Wyomissing,
Series
2017A:
940
5.000%,
5/15/37
5/27
at
100.00
BBB
912,402
1,160
5.000%,
5/15/47
5/27
at
100.00
BBB
1,040,636
230
Chester
County
Health
and
Education
Facilities
Authority,
Pennsylvania,
Revenue
Bonds,
Simpson
Senior
Services
Project,
Series
2015A,
5.000%,
12/01/35
12/25
at
100.00
N/R
207,163
1,760
Chester
County
Health
and
Education
Facilities
Authority,
Pennsylvania,
Revenue
Bonds,
Simpson
Senior
Services
Project,
Series
2019,
5.000%,
12/01/51
12/25
at
103.00
N/R
1,413,685
Chester
County
Health
and
Education
Facilities
Authority,
Pennsylvania,
Revenue
Bonds,
Simpson
Senior
Services
Project,
Series
2021A:
3,910
4.000%,
12/01/40
12/28
at
103.00
N/R
2,883,938
2,000
4.000%,
12/01/51
12/28
at
103.00
N/R
1,320,940
3,005
Cumberland
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Asbury
Pennsylvania
Obligated
Group,  Refunding
Series
2019,
5.000%,
1/01/45
1/25
at
104.00
N/R
2,553,619
Cumberland
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Diakon
Lutheran
Social
Ministries
Project,
Series
2015:
1,585
4.000%,
1/01/33
1/25
at
100.00
BBB+
1,488,473
2,850
5.000%,
1/01/38
1/25
at
100.00
BBB+
2,851,995
Cumberland
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Diakon
Lutheran
Social
Ministries
Project,
Series
2016:
985
5.000%,
1/01/28
1/26
at
100.00
BBB+
996,830
1,815
5.000%,
1/01/29
1/26
at
100.00
BBB+
1,834,602
735
5.000%,
1/01/30
1/26
at
100.00
BBB+
742,048
300
3.250%,
1/01/36
1/26
at
100.00
BBB+
250,158
1,405
3.250%,
1/01/39
1/26
at
100.00
BBB+
1,117,439
Cumberland
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Diakon
Lutheran
Social
Ministries
Project,
Series
2019A:
690
4.125%,
1/01/38
1/29
at
100.00
BBB+
624,664
200
5.000%,
1/01/39
1/29
at
100.00
BBB+
197,224
7
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Long-Term
Care
(continued)
$
650
Lancaster
County
Hospital
Authority,
Pennsylvania,
Health
Center
Revenue
Bonds,
Masonic
Villages
Project,
Series
2015,
5.000%,
11/01/35
5/25
at
100.00
A
$
658,262
Lancaster
County
Hospital
Authority,
Pennsylvania,
Health
Center
Revenue
Bonds,
Saint
Anne's
Retirement
Community,
Inc.,
Series
2020:
975
5.000%,
3/01/40
3/27
at
102.00
BB+
834,980
715
5.000%,
3/01/50
3/27
at
102.00
BB+
562,419
1,250
Lancaster
County
Hospital
Authority,
Pennsylvania,
Revenue
Bonds,
Landis
Homes
Retirement
Community
Project,
Refunding
Series
2015A,
5.000%,
7/01/45
7/25
at
100.00
BBB-
1,124,875
Lancaster
Industrial
Development
Authority,
Pennsylvania,
Health
Center
Revenue
Bonds,
Landis
Homes
Retirement
Community
Project,
Refunding
Series
2021:
875
4.000%,
7/01/51
7/26
at
103.00
BBB-
638,750
1,400
4.000%,
7/01/56
7/26
at
103.00
BBB-
991,606
5,000
Maxatawny
Township
Municipal
Authority
Revenue
Bonds,
Pennsylvania,
Diakon
Lutheran
Social
Ministries
Project,  Series
2022A,
4.500%,
1/01/45
1/32
at
100.00
BBB+
4,327,100
Northampton
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Morningstar
Senior
Living,
Inc.,
Series
2019:
1,845
5.000%,
11/01/44
11/26
at
103.00
BB
1,578,545
1,000
5.000%,
11/01/49
11/26
at
103.00
BB
830,340
Westmoreland
County
Industrial
Development
Authority,
Pennsylvania,
Retirement
Community
Revenue
Bonds,
Redstone
Presbyterian
SeniorCare
Obligated
Group,
Refunding
Bonds,
Series
2021:
2,215
4.000%,
5/15/41
5/28
at
103.00
N/R
1,699,591
2,785
4.000%,
5/15/47
5/28
at
103.00
N/R
1,976,821
Total
Long-Term
Care
35,659,105
Tax
Obligation/General
-
21.2%
(12.9%
of
Total
Investments)
840
Adams
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2017B,
2.500%,
11/15/29
11/25
at
100.00
Aa2
792,330
Allegheny
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2014C-74:
1,750
5.000%,
12/01/32
12/24
at
100.00
AA-
1,780,765
1,285
5.000%,
12/01/34
12/24
at
100.00
AA-
1,302,720
2,440
Allegheny
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2018C-
77,
5.000%,
11/01/43
11/28
at
100.00
AA-
2,604,090
Bethel
Park
School
District,
Allegheny
County,
Pennsylvania,
General
Obligation
Bonds,
Refunding
Series
2016:
1,500
4.000%,
8/01/31
8/26
at
100.00
Aa2
1,539,195
1,255
4.000%,
8/01/33
8/26
at
100.00
Aa2
1,284,329
1,950
Boyertown
Area
School
District,
Berks
and
Montgomery
Counties,
Pennsylvania,
General
Obligation
Bonds,
Series
2015,
5.000%,
10/01/38
4/24
at
100.00
AA-
1,971,859
1,000
Bristol
Township
School
District,
Bucks
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2023,
4.125%,
6/01/40
-
BAM
Insured
,(WI/DD,
Settling
3/29/23)
6/31
at
100.00
AA
1,001,810
Canon-McMillan
School
District,
Washington
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2014D:
3,000
5.000%,
12/15/37
12/24
at
100.00
AA
3,040,860
1,075
5.000%,
12/15/38
-
BAM
Insured
12/24
at
100.00
AA
1,088,362
1,100
5.000%,
12/15/39
12/24
at
100.00
AA
1,113,508
2,900
Colonial
School
District,
Montgomery
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2020,
5.000%,
2/15/44
2/27
at
100.00
Aaa
3,062,574
7,465
Erie
City
School
District,
Erie
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2000,
0.000%,
9/01/30
-
AMBAC
Insured
No
Opt.
Call
N/R
5,682,283
Gateway
School
District,
Allegheny
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2021:
1,010
3.000%,
10/15/33
-
BAM
Insured
10/31
at
100.00
AA
950,370
425
3.000%,
10/15/35
-
BAM
Insured
10/31
at
100.00
AA
383,928
Nuveen
Pennsylvania
Quality
Municipal
Income
Fund
(continued)
Portfolio
of
Investments
May
31,
2023
(Unaudited)
8
NQP
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/General
(continued)
$
5,750
Hempfield
Area
School
District,
Westmoreland
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2022A,
5.000%,
3/15/48
-
AGM
Insured
3/32
at
100.00
AA
$
6,211,553
6,225
Lehighton
Area
School
District,
Carbon
County,
Pennsylvania,
General
Obligation
Bonds,
Limited
Tax
Series
2015A,
5.000%,
11/15/43
-
BAM
Insured
11/23
at
100.00
AA
6,265,587
North
Allegheny
School
District,
Allegheny
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2015:
5,000
5.000%,
5/01/31
5/25
at
100.00
AA
5,149,100
4,000
5.000%,
5/01/32
5/25
at
100.00
AA
4,116,280
2,875
5.000%,
5/01/33
5/25
at
100.00
AA
2,958,030
Penn
Manor
School
District,
Lancaster
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2019A:
1,000
4.000%,
3/01/35
9/27
at
100.00
AA
1,030,520
1,000
4.000%,
3/01/36
9/27
at
100.00
AA
1,025,920
2,620
Pennsylvania
Economic
Development
Financing
Authority,
Parking
System
Revenue
Bonds,
Capitol
Region
Parking
System,
Junior
Insured
Series
2013C,
5.500%,
1/01/30
-
AGM
Insured
1/24
at
100.00
AA
2,643,397
3,925
Philadelphia
School
District,
Pennsylvania,
General
Obligation
Bonds,
Series
2007A,
5.000%,
6/01/34
-
NPFG
Insured
No
Opt.
Call
A1
4,474,029
3,990
Philadelphia,
Pennsylvania,
General
Obligation
Bonds,
Series
2021A,
4.000%,
5/01/42
5/31
at
100.00
A1
3,848,315
2,875
Pittsburgh,
Pennsylvania,
General
Obligation
Bonds,
Series
2022,
5.000%,
9/01/39
9/30
at
100.00
AA-
3,118,858
11,440
Reading
School
District,
Berks
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2003B,
0.000%,
1/15/32
-
NPFG
Insured
No
Opt.
Call
Baa2
8,119,654
Scranton,
Lackawanna
County,
Pennsylvania,
General
Obligation
Notes,
Series
2016:
230
5.000%,
11/15/26
5/24
at
100.00
BB+
229,043
2,925
5.000%,
11/15/32
5/24
at
100.00
BB+
2,899,231
21,000
State
Public
School
Building
Authority,
Pennsylvania,
Lease
Revenue
Bonds,
Philadelphia
School
District,
Series
2003,
5.500%,
6/01/28
-
AGM
Insured,
(UB)
(4)
No
Opt.
Call
AA
23,427,390
150
The
Redevelopment
Authority
of
the
City
of
Scranton,
Lackawanna
county,
Pennsylvania,
Guaranteed
Lease
Revenue
Bonds,
Series
2016A,
5.000%,
11/15/28
5/24
at
100.00
BB+
147,609
Total
Tax
Obligation/General
103,263,499
Tax
Obligation/Limited
-
10.4%
(6.4%
of
Total
Investments)
749
Allegheny
County
Redevelopment
Authority,
Pennsylvania,
TIF
Revenue
Bonds,
Pittsburg
Mills
Project,
Series
2004,
5.600%,
7/01/23
2005
1
(5)
6/23
at
100.00
N/R
614,432
190
Allentown
Neighborhood
Improvement
Zone
Development
Authority,
Pennsylvania,
Tax
Revenue
Bonds,
615
Waterfront
Project,
Senior
Series
2021,
6.000%,
5/01/42,
144A
5/31
at
100.00
N/R
193,578
155
Allentown
Neighborhood
Improvement
Zone
Development
Authority,
Pennsylvania,
Tax
Revenue
Bonds,
City
Center
Project,
Series
2018,
5.000%,
5/01/33,
144A
5/28
at
100.00
Ba3
156,944
1,115
Allentown
Neighborhood
Improvement
Zone
Development
Authority,
Pennsylvania,
Tax
Revenue
Bonds,
City
Center
Refunding
Project,
Series
2017,
5.000%,
5/01/42,
144A
5/27
at
100.00
Ba3
1,087,248
Commonwealth
Financing
Authority,
Pennsylvania,
State
Appropriation
Lease
Bonds,
Master
Settlement,
Series
2018:
1,500
5.000%,
6/01/31
6/28
at
100.00
A1
1,607,490
3,190
4.000%,
6/01/39
-
AGM
Insured
6/28
at
100.00
AA
3,070,758
7,215
4.000%,
6/01/39
-
AGM
Insured,
(UB)
(4)
6/28
at
100.00
AA
6,945,303
1,436
Monroe
County
Industrial
Development
Authority,
Pennsylvania,
Special
Obligation
Revenue
Bonds,
Tobyhanna
Township
Project,
Series
2014,
6.875%,
7/01/33,
144A
7/24
at
100.00
N/R
1,414,000
9
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Tax
Obligation/Limited
(continued)
Pennsylvania
Turnpike
Commission,
Motor
License
Fund-
Enhanced
Turnpike
Special
Revenue
Bonds,
Subordinate
Series
2014A:
$
2,650
4.750%,
12/01/37
12/26
at
100.00
AA-
$
2,727,618
4,000
4.900%,
12/01/44
12/26
at
100.00
AA-
4,089,520
2,160
Pennsylvania
Turnpike
Commission,
Oil
Franchise
Tax
Revenue
Bonds,
Subordinate
Series
2018B,
5.000%,
12/01/48
12/28
at
100.00
A2
2,248,236
5,530
Philadelphia
Authority
For
Industrial
Development,
Pennsylvania,
City
Agreement
Revenue
Bonds,
Cultural
and
Commercial
Corridors
Program,
Refunding
Series
2016A,
5.000%,
12/01/30
12/25
at
100.00
A1
5,709,559
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Restructured
2018A-1:
1,137
4.750%,
7/01/53
7/28
at
100.00
N/R
1,054,283
1,982
5.000%,
7/01/58
7/28
at
100.00
N/R
1,898,637
Puerto
Rico
Sales
Tax
Financing
Corporation,
Sales
Tax
Revenue
Bonds,
Taxable
Restructured
Cofina
Project
Series
2019A-2:
2,717
4.329%,
7/01/40
7/28
at
100.00
N/R
2,523,903
901
4.329%,
7/01/40
7/28
at
100.00
N/R
836,966
3,052
4.784%,
7/01/58
7/28
at
100.00
N/R
2,811,227
10,000
Southeastern
Pennsylvania
Transportation
Authority,
Revenue
Bonds,
Asset
Improvement
Series
2022,
5.250%,
6/01/52,
(UB)
(4)
6/32
at
100.00
AA
11,043,200
825
Washington
County
Redevelopment
Authority,
Pennsylvania,
Tanger
Outlet
Victory
Center
Tax
Increment
Bonds,
Series
2018,
5.000%,
7/01/35
1/28
at
100.00
BB
806,677
Total
Tax
Obligation/Limited
50,839,579
Transportation
-
10.9%
(6.6%
of
Total
Investments)
2,250
Delaware
River
Port
Authority,
New
Jersey
and
Pennsylvania,
Revenue
Bonds,
Series
2018A,
5.000%,
1/01/39
1/29
at
100.00
A+
2,398,973
4,000
Pennsylvania
Economic
Development
Financing
Authority,
Parking
System
Revenue
Bonds,
Capitol
Region
Parking
System,
Series
2013A,
5.250%,
1/01/44
-
AGM
Insured
1/24
at
100.00
AA
4,021,560
12,170
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Capital
Appreciation
Series
2009E,
6.375%,
12/01/38
12/27
at
100.00
A+
13,449,310
820
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Refunding
Subordinate
Second
Series
2016B-2,
5.000%,
6/01/39
6/26
at
100.00
A
844,436
3,000
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Series
2014C,
5.000%,
12/01/44
12/24
at
100.00
AA-
3,034,680
10,470
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Series
2015B,
5.000%,
12/01/45,
(UB)
(4)
12/25
at
100.00
AA-
10,714,370
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Series
2022B:
1,215
5.250%,
12/01/47,
(UB)
(4)
12/32
at
100.00
AA-
1,321,167
2,365
5.250%,
12/01/52,
(UB)
(4)
12/32
at
100.00
AA-
2,562,454
2,000
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Subordinate
Series
2009C,
6.250%,
6/01/33
-
AGM
Insured
6/26
at
100.00
AA
2,185,900
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Subordinate
Series
2017B-1:
1,435
5.000%,
6/01/31
6/27
at
100.00
A
1,529,121
1,430
5.000%,
6/01/33
6/27
at
100.00
A
1,523,937
1,250
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Subordinate
Series
2019A,
4.000%,
12/01/49
12/29
at
100.00
A
1,182,012
1,100
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Subordinate
Series
2021A,
4.000%,
12/01/50
12/30
at
100.00
A+
1,023,121
585
Philadelphia,
Pennsylvania,
Airport
Revenue
Bonds,
Refunding
Series
2017A,
3.000%,
7/01/34
-
AGM
Insured
7/27
at
100.00
AA
550,479
1,490
Philadelphia,
Pennsylvania,
Airport
Revenue
Bonds,
Refunding
Series
2017B,
5.000%,
7/01/47,
(AMT)
7/27
at
100.00
A2
1,511,411
1,725
Philadelphia,
Pennsylvania,
Airport
Revenue
Bonds,
Refunding
Series
2020A,
4.000%,
7/01/35
7/30
at
100.00
A2
1,750,789
Nuveen
Pennsylvania
Quality
Municipal
Income
Fund
(continued)
Portfolio
of
Investments
May
31,
2023
(Unaudited)
10
NQP
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Transportation
(continued)
Pittsburgh
and
Allegheny
County
Sports
and
Exhibition
Authority,
Pennsylvania,
Parking
Revenue
Bonds,
Series
2017:
$
1,000
5.000%,
12/15/30
12/27
at
100.00
A
$
1,073,700
500
5.000%,
12/15/33
12/27
at
100.00
A
535,770
550
5.000%,
12/15/34
12/27
at
100.00
A
589,122
1,000
5.000%,
12/15/36
12/27
at
100.00
A
1,063,780
250
5.000%,
12/15/37
12/27
at
100.00
A
265,285
Total
Transportation
53,131,377
U.S.
Guaranteed
-
12.5%
(7.6%
of
Total
Investments)
(6)
Allegheny
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2013C-72:
2,780
5.250%,
12/01/32,
(Pre-refunded
12/01/23)
12/23
at
100.00
AA-
2,805,937
2,000
5.250%,
12/01/33,
(Pre-refunded
12/01/23)
12/23
at
100.00
AA-
2,018,660
Berks
County
Industrial
Development
Authority,
Pennsylvania,
Healthcare
Facilities
Revenue
Bonds,
The
Highlands
at
Wyomissing,
Series
2018:
1,000
5.000%,
5/15/43,
(Pre-refunded
5/15/25)
5/25
at
102.00
N/R
1,051,100
400
5.000%,
5/15/48,
(Pre-refunded
5/15/25)
5/25
at
102.00
N/R
420,440
Centre
County
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Mount
Nittany
Medical
Center
Project,
Series
2016A:
805
5.000%,
11/15/41,
(Pre-refunded
11/15/25)
11/25
at
100.00
A+
839,865
2,985
5.000%,
11/15/46,
(Pre-refunded
11/15/25)
11/25
at
100.00
A+
3,114,280
Cumberland
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Diakon
Lutheran
Social
Ministries
Project,
Series
2015:
2,170
4.000%,
1/01/33,
(Pre-refunded
1/01/25)
1/25
at
100.00
N/R
2,192,221
625
4.000%,
1/01/33,
(Pre-refunded
1/01/25)
1/25
at
100.00
N/R
631,400
2,330
5.000%,
1/01/38,
(Pre-refunded
1/01/25)
1/25
at
100.00
N/R
2,389,415
560
5.000%,
1/01/38,
(Pre-refunded
1/01/25)
1/25
at
100.00
N/R
574,280
Cumberland
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Diakon
Lutheran
Social
Ministries
Project,
Series
2016:
610
3.250%,
1/01/39,
(Pre-refunded
1/01/26)
1/26
at
100.00
N/R
610,653
Cumberland
County
Municipal
Authority,
Pennsylvania,
Revenue
Bonds,
Diakon
Lutheran
Social
Ministries
Project,
Series
2019A:
1,075
5.000%,
1/01/39,
(Pre-refunded
1/01/29)
1/29
at
100.00
N/R
1,189,251
135
5.000%,
1/01/39,
(Pre-refunded
1/01/29)
1/29
at
100.00
N/R
149,348
1,235
East
Hempfield
Township
Industrial
Development
Authority,
Pennsylvania,
Student
Services
Inc
-
Student
Housing
Project
at
Millersville
University,
Series
2014,
5.000%,
7/01/46,
(Pre-refunded
7/01/24)
7/24
at
100.00
N/R
1,255,007
1,900
East
Hempfield
Township
Industrial
Development
Authority,
Pennsylvania,
Student
Services
Inc
-
Student
Housing
Project
at
Millersville
University,
Series
2015,
5.000%,
7/01/47,
(Pre-refunded
7/01/25)
7/25
at
100.00
N/R
1,966,291
Lehigh
County
Authority,
Pennsylvania,
Water
and
Sewer
Revenue
Bonds,
Allentown
Concession,
Series
2013A:
6,685
5.125%,
12/01/47,
(Pre-refunded
12/01/23)
12/23
at
100.00
N/R
6,743,293
9,000
Montgomery
County
Industrial
Development
Authority,
Pennsylvania,
Health
System
Revenue
Bonds,
Albert
Einstein
Healthcare
Network
Issue,
Series
2015A,
5.250%,
1/15/45,
(Pre-refunded
1/15/25)
1/25
at
100.00
N/R
9,262,980
Pennsbury
School
District,
Bucks
County,
Pennsylvania,
General
Obligation
Bonds,
Series
2016A:
1,000
5.000%,
10/01/33,
(Pre-refunded
4/01/25)
4/25
at
100.00
Aa3
1,032,810
1,860
5.000%,
10/01/34,
(Pre-refunded
4/01/25)
4/25
at
100.00
Aa3
1,921,027
2,045
5.000%,
10/01/35,
(Pre-refunded
4/01/25)
4/25
at
100.00
Aa3
2,112,096
1,590
Pennsylvania
Higher
Educational
Facilities
Authority,
Revenue
Bonds,
Widener
University,
Series
2013A,
5.500%,
7/15/38,
(Pre-refunded
7/15/23)
7/23
at
100.00
N/R
1,593,641
11
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
U.S.
Guaranteed
(6)
(continued)
$
7,000
Pennsylvania
Turnpike
Commission,
Motor
License
Fund-Enhanced
Turnpike
Special
Revenue
Bonds,
Subordinate
Series
2013B-1,
5.250%,
12/01/43,
(Pre-refunded
12/01/23)
12/23
at
100.00
AA-
$
7,063,630
Philadelphia
Authority
for
Industrial
Development,
Pennsylvania,
Revenue
Bonds,
University
of
the
Arts,
Series
2017:
140
5.000%,
3/15/45,
(Pre-refunded
3/15/28),
144A
3/28
at
100.00
N/R
152,538
Saint
Mary
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
Trinity
Health
Credit
Group,
Refunding
Series
2019PA:
1,335
5.000%,
12/01/48,
(Pre-refunded
12/01/28)
12/28
at
100.00
N/R
1,489,620
3,000
Southcentral
Pennsylvania
General
Authority,
Revenue
Bonds,
WellSpan
Health
Obligated
Group,
Series
2014A,
5.000%,
6/01/44,
(Pre-refunded
6/01/24)
6/24
at
100.00
Aa3
3,046,110
3,470
Washington
County
Hospital
Authority,
Pennsylvania,
Hospital
Revenue
Bonds,
The
Washington
Hospital
Project,
Series
2013A,
5.000%,
7/01/28,
(Pre-refunded
7/01/23)
7/23
at
100.00
N/R
3,473,817
1,930
Westmoreland
County
Municipal
Authority,
Pennsylvania,
Municipal
Service
Revenue
Bonds,
Tender
Option
Bond
Trust
2016-XF1058,
7.989%,
8/15/37,
(Pre-refunded
8/15/23),
144A,
(IF)
(4)
8/23
at
100.00
A+
1,954,279
Total
U.S.
Guaranteed
61,053,989
Utilities
-
19.1%
(11.7%
of
Total
Investments)
Allegheny
County
Sanitary
Authority,
Pennsylvania,
Sewer
Revenue
Bonds,
Refunding
Series
2015:
3,325
5.000%,
12/01/40
12/25
at
100.00
AA-
3,411,383
3,320
5.000%,
12/01/45
12/25
at
100.00
AA-
3,401,473
4,165
Allegheny
County
Sanitary
Authority,
Pennsylvania,
Sewer
Revenue
Bonds,
Series
2022,
5.000%,
6/01/53,
(UB)
(4)
6/32
at
100.00
AA-
4,412,859
6,500
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Generation
Project,
Refunding
Series
2006A,
4.375%,
1/01/35,
(Mandatory
Put
7/01/33)
No
Opt.
Call
BBB-
6,497,920
2,540
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2005A,
4.000%,
1/01/35
(5)
No
Opt.
Call
N/R
25
9,855
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2008A,
2.700%,
4/01/35
(5)
No
Opt.
Call
N/R
99
6,210
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006B,
3.500%,
12/01/35
(5)
No
Opt.
Call
N/R
62
2,000
Bethel
Park
Municipal
Authority,
Pennsylvania,
Guaranteed
Sewer
Revenue
Bonds,
Series
2020B,
3.000%,
9/01/47
9/30
at
100.00
AA
1,504,700
7,000
Bucks
County
Water
and
Sewer
Authority,
Pennsylvania,
Sewer
System
Revenue
Bonds,
Series
2022A,
4.250%,
12/01/47
-
AGM
Insured,
(UB)
(4)
12/32
at
100.00
AA
6,952,260
Delaware
County
Regional
Water
Quality
Control
Authority,
Pennsylvania,
Sewer
Revenue
Bonds,
Series
2015:
1,110
5.000%,
5/01/40
5/25
at
100.00
Aa3
1,131,933
855
4.000%,
5/01/45
5/25
at
100.00
Aa3
840,927
Lehigh
County
Authority,
Pennsylvania,
Water
and
Sewer
Revenue
Bonds,
Allentown
Concession,
Capital
Appreciation
Series
2013B:
7,295
0.000%,
12/01/34
No
Opt.
Call
A
4,547,411
4,420
0.000%,
12/01/35
No
Opt.
Call
A
2,603,778
Lehigh
County
Authority,
Pennsylvania,
Water
and
Sewer
Revenue
Bonds,
Allentown
Concession,
Series
2013A:
5,815
5.125%,
12/01/47
12/23
at
100.00
A
5,815,640
295
Luzerne
County
Industrial
Development
Authority,
Pennsylvania,
Revenue
Bonds,
Pennsylvania-American
Water
Company
Project,
Refunding
Series
2019,
2.450%,
12/01/39,
(AMT),
(Mandatory
Put
12/03/29)
12/29
at
100.00
A+
269,403
Nuveen
Pennsylvania
Quality
Municipal
Income
Fund
(continued)
Portfolio
of
Investments
May
31,
2023
(Unaudited)
12
NQP
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
Principal
Amount
(000)
Description
(1)
Optional
Call
Provisions
(2)
Ratings
(3)
Value
Utilities
(continued)
$
3,475
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
York
Water
Company
Project,
Refunding
Series
2019A,
3.000%,
10/01/36,
(AMT)
10/29
at
100.00
A-
$
3,034,231
3,400
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Bonds,
York
Water
Company
Project,
Refunding
Series
2019B,
3.100%,
11/01/38,
(AMT)
11/29
at
100.00
A-
2,878,882
2,025
Pennsylvania
Economic
Development
Financing
Authority,
Exempt
Facilities
Revenue
Refunding
Bonds,
PPL
Energy
Supply,
LLC
Project,
Series
2009A,
6.400%,
12/01/38
(5)
9/25
at
100.00
N/R
284,884
10,500
Pennsylvania
Economic
Development
Financing
Authority,
Revenue
Bonds,
Pennsylvania-American
Water
Company,
Refunding
Series
2019,
3.000%,
4/01/39
10/29
at
100.00
A+
8,716,680
5,000
Philadelphia
Gas
Works,
Pennsylvania,
Revenue
Bonds,
1998
General
Ordinance,
Fifteenth
Series
2017,
5.000%,
8/01/47
8/27
at
100.00
A
5,122,550
2,915
Philadelphia
Gas
Works,
Pennsylvania,
Revenue
Bonds,
1998
General
Ordinance,
Sixteenth
Series
2020A,
5.000%,
8/01/50
-
AGM
Insured
8/30
at
100.00
AA
3,075,092
2,735
Philadelphia
Gas
Works,
Pennsylvania,
Revenue
Bonds,
Refunding
Thirteenth
Series
2015,
5.000%,
8/01/29
8/25
at
100.00
A
2,813,413
Philadelphia,
Pennsylvania,
Water
and
Wastewater
Revenue
Bonds,
Series
2018A:
5,000
5.000%,
10/01/48,
(UB)
(4)
10/28
at
100.00
A+
5,203,300
7,000
5.000%,
10/01/53,
(UB)
(4)
10/28
at
100.00
A+
7,275,100
1,155
Philadelphia,
Pennsylvania,
Water
and
Wastewater
Revenue
Bonds,
Series
2019B,
5.000%,
11/01/54
11/29
at
100.00
A+
1,203,868
5,000
Philadelphia,
Pennsylvania,
Water
and
Wastewater
Revenue
Bonds,
Series
2022C,
5.500%,
6/01/52
6/32
at
100.00
A+
5,508,000
5,000
Pittsburgh
Water
and
Sewer
Authority,
Pennsylvania,
Water
and
Sewer
System
Revenue
Bonds,
First
Lien
Series
2013B,
5.250%,
9/01/40
9/23
at
100.00
A+
5,011,000
Westmoreland
County
Municipal
Authority,
Pennsylvania,
Municipal
Service
Revenue
Bonds,
Refunding
Series
2020:
1,000
4.000%,
8/15/24
-
AGM
Insured
No
Opt.
Call
AA
1,005,790
1,000
2.450%,
8/15/37
-
AGM
Insured
8/28
at
100.00
AA
808,590
Total
Utilities
93,331,253
Total
Municipal
Bonds
(cost
$810,867,500)
754,101,096
Shares
Description
(1)
Value
X
46,259,290
COMMON
STOCKS
-
9.5%  (5.8%
of
Total
Investments)
X
46,259,290
Independent
Power
and
Renewable
Electricity
Producers
-
9.5%
(5.8%
of
Total
Investments)
$
601,606
Energy
Harbor
Corp
(7),(8)
$
46,259,290
Total
Independent
Power
and
Renewable
Electricity
Producers
46,259,290
Total
Common
Stocks
(cost
$16,839,773)
46,259,290
Total
Long-Term
Investments
(cost
$827,707,273)
800,360,386
Floating
Rate
Obligations
-
(22.6)%  
(
110,270,000
)
VRDP
Shares,
Net
-
(44.4)%
(9)
(
216,828,608
)
Other
Assets
&
Liabilities,
Net
-
3.0%
14,619,582
Net
Assets
Applicable
to
Common
Shares
-
100%
$
487,881,360
13
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Municipal
Bonds
$
$
754,101,096
$
$
754,101,096
Common
Stocks
46,259,290
46,259,290
Total
$
$
800,360,386
$
$
800,360,386
(1)
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets
applicable
to
common
shares
unless
otherwise
noted.
(2)
Optional
Call
Provisions:
Dates
(month
and
year)
and
prices
of
the
earliest
optional
call
or
redemption.
There
may
be
other
call
provisions
at
varying
prices
at
later
dates.
Certain
mortgage-backed
securities
may
be
subject
to
periodic
principal
paydowns.
(3)
For
financial
reporting
purposes,
the
ratings
disclosed
are
the
highest
of
Standard
&
Poor’s
Group
(“Standard
&
Poor’s”),
Moody’s
Investors
Service,
Inc.
(“Moody’s”)
or
Fitch,
Inc.
(“Fitch”)
rating.
This
treatment
of
split-rated
securities
may
differ
from
that
used
for
other
purposes,
such
as
for
Fund
investment
policies.
Ratings
below
BBB
by
Standard
&
Poor’s,
Baa
by
Moody’s
or
BBB
by
Fitch
are
considered
to
be
below
investment
grade.
Holdings
designated
N/R
are
not
rated
by
any
of
these
national
rating
agencies.
(4)
Investment,
or
portion
of
investment,
has
been
pledged
to
collateralize
the
net
payment
obligations
for
investments
in
inverse
floating
rate
transactions.
(5)
Defaulted
security.
A
security
whose
issuer
has
failed
to
fully
pay
principal
and/or
interest
when
due,
or
is
under
the
protection
of
bankruptcy.
(6)
Backed
by
an
escrow
or
trust
containing
sufficient
U.S.
Government
or
U.S.
Government
agency
securities,
which
ensure
the
timely
payment
of
principal
and
interest.
(7)
Energy
Harbor
Corp
(ENGH)
common
stock
received
as
part
of
the
bankruptcy
settlements
during
February
2020
for
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Refunding
Series
2005A,
4.000%,
1/01/35;
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006A,
4.375%,
1/01/35;
and
Beaver
County
Industrial
Development
Authority,
Pennsylvania,
Pollution
Control
Revenue
Refunding
Bonds,
FirstEnergy
Nuclear
Generation
Project,
Series
2006B,
3.500%,
12/01/35.
Various
funds
and
accounts
managed
by
Nuveen,
including
the
Fund,
collectively
are
a
substantial
minority
holder
of
ENGH’s
outstanding
shares
of
common
stock,
and
possess
certain
other
rights
with
respect
to
the
corporate
governance
of
ENGH.
Due
to
these
facts,
under
the
federal
securities
laws,
the
securities
of
ENGH
held
by
Nuveen
funds
and
accounts,
including
the
Fund,
cannot
be
sold
except
under
limited
conditions
(which
are
not  currently
satisfied).
The
Fund
is
therefore
unable
to
sell
such
shares
in
ordinary
secondary
market
transactions
at
this
time.
On
March
6,
2023
Vistra
Corp.
(“Vistra”)
announced
that
it
has
executed
a
definitive
agreement
with
Energy
Harbor
Corp.,
pursuant
to
which
Energy
Harbor
will
merge
with
and
into
a
newly-formed
subsidiary
of
Vistra.  The
companies
anticipate
closing
the
transaction
in
the
second
half
of
2023.  In
connection
with
the
transaction,
Nuveen
funds
and
accounts
expect
to
receive
a
combination
of
cash
and
shares
in
a
newly
formed
entity.
Nuveen
expects
these
shares
to
be
issued
in
a
private
transaction
and
may
have
reduced
secondary
market
liquidity.  The
transaction
is
subject
to
certain
regulatory
approvals
and
there
can
be
no
assurance
that
the
transaction
will
close.
(8)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(9)
VRDP
Shares,
Net
as
a
percentage
of
Total
Investments
is
27.1%.
144A
Investment
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
investments
may
only
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
AMT
Alternative
Minimum
Tax
IF
Inverse
floating
rate
security
issued
by
a
tender
option
bond
(“TOB”)
trust,
the
interest
rate
on
which
varies
inversely
with
the
Securities
Industry
Financial
Markets
Association
(SIFMA)
short-term
rate,
which
resets
weekly,
or
a
similar
short-term
rate,
and
is
reduced
by
the
expenses
related
to
the
TOB
trust.
UB
Underlying
bond
of
an
inverse
floating
rate
trust
reflected
as
a
financing
transaction.
WI/DD
Purchased
on
a
when-issued
or
delayed
delivery
basis.

Nuveen Pennsylvania Qual... (NYSE:NQP)
Historical Stock Chart
Von Apr 2024 bis Mai 2024 Click Here for more Nuveen Pennsylvania Qual... Charts.
Nuveen Pennsylvania Qual... (NYSE:NQP)
Historical Stock Chart
Von Mai 2023 bis Mai 2024 Click Here for more Nuveen Pennsylvania Qual... Charts.