Nuveen Intermediate Duration Quality Municipal Term 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 811-22779

Nuveen Intermediate Duration Quality Municipal Term Fund

(Exact name of registrant as specified in charter)

Nuveen Investments

    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:       May 31      

Date of reporting period: February 28, 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

 

 


NIQ
Nuveen Intermediate Duration Quality Municipal Term Fund
Portfolio of Investments    February 28, 2018
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 127.3% (98.8% of Total Investments)        
    MUNICIPAL BONDS – 127.3% (98.8% of Total Investments)        
    Alabama – 3.9% (3.1% of Total Investments)        
$ 2,000   Alabama Federal Aid Highway Finance Authority, Federal Highway Grant Anticipation Revenue Bonds, Tender Option Bond Trust 2016-XL0024, 17.817%, 9/01/26 (Pre-refunded 9/01/22), 144A (IF) (4)   9/22 at 100.00 AA (5) $3,316,360
2,500   Jefferson County, Alabama, General Obligation Warrants, Refunding Series 2003A, 5.000%, 4/01/22  –  NPFG Insured   5/18 at 100.00 A3 2,504,375
1,000   Lower Alabama Gas District, Alabama, Gas Project Revenue Bonds, Series 2016A, 5.000%, 9/01/34   No Opt. Call A3 1,174,390
5,500   Total Alabama       6,995,125
    Arizona – 1.8% (1.4% of Total Investments)        
    Arizona Health Facilities Authority, Hospital Revenue Bonds, Phoenix Children's Hospital, Series 2013D:        
965   5.000%, 2/01/24   2/23 at 100.00 A- 1,061,345
1,065   5.000%, 2/01/26   2/23 at 100.00 A- 1,158,571
1,000   University Medical Center Corporation, Tucson, Arizona, Hospital Revenue Bonds, Series 2011, 5.000%, 7/01/19 (ETM)   No Opt. Call N/R (5) 1,044,430
3,030   Total Arizona       3,264,346
    California – 16.9% (13.1% of Total Investments)        
3,000   Alameda Corridor Transportation Authority, California, Revenue Bonds, Refunding Senior Lien Series 2013A, 5.000%, 10/01/27  –  AGM Insured   10/23 at 100.00 AA 3,421,890
500   California Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health, Refunding Series 2017A, 5.000%, 11/15/36   11/27 at 100.00 AA- 579,510
    California Municipal Finance Authority, Revenue Bonds, Biola University, Series 2013:        
560   5.000%, 10/01/19   No Opt. Call Baa1 588,062
415   5.000%, 10/01/21   No Opt. Call Baa1 457,504
1,930   California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2014A, 5.250%, 12/01/34   12/24 at 100.00 BB+ 2,104,665
3,335   Eastern Municipal Water District Financing Authority, California, Water and Wastewater Revenue Bonds, Series 2017D, 5.250%, 7/01/42   7/27 at 100.00 AA+ 3,944,571
2,945   Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2007A-1, 5.000%, 6/01/33   4/18 at 100.00 B+ 2,948,652
660   Hesperia Public Financing Authority, California, Redevelopment and Housing Projects Tax Allocation Bonds, Series 2007A, 5.500%, 9/01/27  –  SYNCORA GTY Insured   5/18 at 100.00 N/R 661,914
1,020   Independent Cities Finance Authority, California, Mobile Home Park Revenue Bonds, Rancho Vallecitos Mobile Home Park, Series 2013, 4.500%, 4/15/23   No Opt. Call A- 1,078,191
1


NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments February 28, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    California (continued)        
    Inland Empire Tobacco Securitization Authority, California, Tobacco Settlement Asset-Backed Bonds, Series 2007:        
$ 970   4.625%, 6/01/21   5/18 at 100.00 N/R $970,388
1,205   5.000%, 6/01/21   5/18 at 100.00 N/R 1,205,494
    Jurupa Community Services District, California, Special Tax Bonds, Community Facilities District 31 Eastvale Area, Series 2013:        
150   4.000%, 9/01/25   9/22 at 100.00 N/R 156,267
305   4.000%, 9/01/26   9/22 at 100.00 N/R 315,532
250   4.000%, 9/01/27   9/22 at 100.00 N/R 257,785
475   Palomar Pomerado Health Care District, California, Certificates of Participation, Series 2010, 5.250%, 11/01/21 (Pre-refunded 11/01/20)   11/20 at 100.00 BBB- (5) 507,105
1,790   Patterson Public Financing Authority, California, Revenue Bonds, Community Facilities District 2001-1, Senior Series 2013A, 5.000%, 9/01/22   No Opt. Call N/R 1,987,276
185   Riverside County Redevelopment Agency, California, Tax Allocation Housing Bonds, Series 2011A, 0.000%, 10/01/26 (ETM) (6)   No Opt. Call A (5) 187,168
1,500   San Diego Association of Governments, California, South Bay Expressway Toll Revenue Bonds, First Senior Lien Series 2017A, 5.000%, 7/01/36   7/27 at 100.00 A 1,731,960
2,000   San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Second Series 2016A, 5.000%, 5/01/26   No Opt. Call A+ 2,391,560
1,400   San Joaquin County Transportation Authority, California, Sales Tax Revenue, Limited Tax Measure K Series 2017, 5.000%, 3/01/32   3/27 at 100.00 AA 1,652,014
    Vernon, California, Electric System Revenue Bonds, Series 2009A:        
655   5.125%, 8/01/21 (Pre-refunded 8/01/19)   8/19 at 100.00 N/R (5) 681,842
1,190   5.125%, 8/01/21   8/19 at 100.00 A- 1,246,347
925   Washington Township Health Care District, California, Revenue Bonds, Series 2009A, 6.000%, 7/01/29   7/19 at 100.00 Baa1 963,110
27,365   Total California       30,038,807
    Colorado – 4.6% (3.6% of Total Investments)        
    Colorado Educational and Cultural Facilities Authority, Charter School Refunding Revenue Bonds, Pinnacle Charter School, Inc. K-8 Facility Project, Series 2013:        
280   4.000%, 6/01/18   No Opt. Call A 281,490
310   4.000%, 6/01/20   No Opt. Call A 322,856
250   5.000%, 6/01/21   No Opt. Call A 271,732
    Colorado State Board of Governors, Colorado State University Auxiliary Enterprise System Revenue Bonds, Tender Option Bond Trust 2016-XF2354:        
100   18.548%, 3/01/25 (IF) ,144A (4)   No Opt. Call AA 184,681
300   18.548%, 3/01/26 (IF) ,144A (4)   No Opt. Call AA 571,485
430   18.509%, 3/01/27 (IF) ,144A (4)   No Opt. Call AA 838,728
725   18.548%, 3/01/28 (IF) ,144A (4)   No Opt. Call AA 1,451,232
200   18.548%, 3/01/29 (IF) ,144A (4)   No Opt. Call AA 407,000
1,870   Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016, 5.000%, 12/01/30   12/26 at 100.00 Baa2 2,148,032
2


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Colorado (continued)        
$ 350   E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 1997B, 0.000%, 9/01/21  –  NPFG Insured   No Opt. Call A- $322,987
1,000   Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds, Colorado Springs Utilities, Series 2008, 6.500%, 11/15/38   No Opt. Call A 1,375,690
5,815   Total Colorado       8,175,913
    Florida – 10.5% (8.2% of Total Investments)        
    Atlantic Beach, Florida, Healthcare Facilities Revenue Refunding Bonds, Fleet Landing Project, Series 2013A:        
420   5.000%, 11/15/20   No Opt. Call BBB 450,568
150   5.000%, 11/15/23   No Opt. Call BBB 168,453
460   Belmont Community Development District, Florida, Capital Improvement Revenue Bonds, Phase 1 Project, Series 2013A, 5.500%, 11/01/23   No Opt. Call N/R 491,326
1,270   Brwoard County, Florida, Fuel System Revenue Bonds, Fort Lauderdale Fuel Facilities LLC Project, Series 2013A, 5.000%, 4/01/23  –  AGM Insured (Alternative Minimum Tax)   No Opt. Call AA 1,412,888
1,740   Cape Coral, Florida, Water and Sewer Revenue Bonds, Refunding Series 2017., 5.000%, 10/01/33   10/27 at 100.00 A+ 2,020,001
415   Capital Trust Agency, Florida, Fixed Rate Air Cargo Revenue Refunding Bonds, Aero Miami FX, LLC Project, Series 2010A, 5.350%, 7/01/29   7/20 at 100.00 Baa3 432,206
1,890   Collier County Educational Facilities Authority, Florida, Revenue Bonds, Ave Maria University, Refunding Series 2013A, 4.500%, 6/01/23   No Opt. Call BBB- 1,943,241
1,000   Florida Mid-Bay Bridge Authority, Revenue Bonds, 1st Senior Lien Series 2015A, 5.000%, 10/01/23   No Opt. Call BBB+ 1,132,790
2,960   Florida Municipal Power Agency, Revenue Bonds, Saint Lucie Project, Refunding Series 2012A, 5.000%, 10/01/26   10/22 at 100.00 A2 3,281,041
500   Gainesville, Florida, Utilities System Revenue Bonds, Series 2017A, 5.000%, 10/01/37   10/27 at 100.00 AA- 576,865
    Martin County Industrial Development Authority, Florida, Industrial Development Revenue Refunding Bonds, Indiantown Cogeneration LP, Series 2013:        
3,150   3.950%, 12/15/21 (Alternative Minimum Tax) ,144A   6/20 at 100.00 Baa2 3,224,655
500   4.200%, 12/15/25 (Alternative Minimum Tax) ,144A   6/20 at 100.00 Baa2 510,030
1,400   Palm Beach County Health Facilities Authority, Florida, Revenue Bonds, Jupiter Medical Center, Series 2013A, 5.000%, 11/01/22   No Opt. Call BBB+ 1,530,536
305   Southeast Overtown/Park West Community Redevelopment Agency, Florida, Tax Increment Revenue Bonds, Series 2014A-1, 5.000%, 3/01/24, 144A   No Opt. Call BBB+ 340,380
1,215   Verandah West Community Development District, Florida, Capital Improvement Revenue Bonds, Refunding Series 2013, 4.000%, 5/01/23   No Opt. Call N/R 1,210,456
17,375   Total Florida       18,725,436
    Georgia – 1.7% (1.3% of Total Investments)        
1,025   Atlanta, Georgia, Tax Allocation Bonds, Perry Bolton Project Series 2014, 4.000%, 7/01/22   No Opt. Call A- 1,097,283
1,000   Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc., Series 2017B, 5.500%, 2/15/42   2/27 at 100.00 AA 1,180,620
843   Liberty County Industrial Authority, Georgia, Revenue Bonds, Series 2012A-2, 3.930%, 7/01/26   5/18 at 100.00 N/R 735,023
2,868   Total Georgia       3,012,926
3


NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments February 28, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Illinois – 12.3% (9.5% of Total Investments)        
$ 2,500   Cook County, Illinois, General Obligation Bonds, Tender Option Bond Trust 2015-XF1007, 14.388%, 11/15/25, 144A (IF) (4)   11/22 at 100.00 AA- $3,509,000
550   Hillside, Cook County, Illinois, Tax Increment Revenue Bonds, Mannheim Redevelopment Project, Senior Lien Series 2008, 6.550%, 1/01/20   5/18 at 100.00 N/R 561,594
2,680   Illinois Finance Authority, Revenue Bonds, Illinois Institute of Technology, Refunding Series 2006A, 5.000%, 4/01/24   5/18 at 100.00 Baa3 2,681,125
4,000   Illinois Municipal Electric Agency, Power Supply System Revenue Bonds, Refunding Series 2015A, 5.000%, 2/01/27   8/25 at 100.00 A1 4,591,160
5,000   Illinois State, General Obligation Bonds, Series 2013, 5.000%, 7/01/23   No Opt. Call BBB 5,249,850
1,790   Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Refunding Senior Lien Series 2014A, 5.000%, 12/01/19   No Opt. Call AA- 1,893,140
290   Madison, Macoupin, Jersey, Calhoun, Morgan, Scott, and Greene Counties Community College District 536, Illinois, General Obligation Bonds, Lewis & Clark Community College, Refunding Series 2017A, 5.000%, 11/01/33  –  AGM Insured   11/26 at 100.00 AA 322,028
1,000   Southwestern Illinois Development Authority, Local Government Revenue Bonds, Edwardsville Community Unit School District 7 Project, Series 2007, 0.000%, 12/01/22  –  AGM Insured   No Opt. Call AA 855,290
2,000   Springfield, Illinois, Electric Revenue Bonds, Senior Lien Series 2015, 5.000%, 3/01/33   3/25 at 100.00 A 2,208,260
19,810   Total Illinois       21,871,447
    Indiana – 1.6% (1.3% of Total Investments)        
1,145   Indiana Finance Authority, Educational Facilities Revenue Bonds, 21st Century Charter School Project, Series 2013A, 6.000%, 3/01/33   3/23 at 100.00 B+ 1,156,290
1,500   Indiana Finance Authority, Lease Appropriation Bonds, Stadium Project, Refunding Series 2015A, 5.000%, 2/01/25   No Opt. Call AA+ 1,735,680
2,645   Total Indiana       2,891,970
    Iowa – 1.7% (1.3% of Total Investments)        
855   Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2016, 5.875%, 12/01/27, 144A   6/19 at 105.00 B 912,422
2,000   Iowa Tobacco Settlement Authority, Tobacco Asset-Backed Revenue Bonds, Series 2005B, 5.600%, 6/01/34   5/18 at 100.00 BB- 2,020,640
2,855   Total Iowa       2,933,062
    Kentucky – 2.3% (1.7% of Total Investments)        
    Kentucky Economic Development Finance Authority, Louisville Arena Project Revenue Bonds, Louisville Arena Authority, Inc., Series 2008-A1:        
1,320   5.750%, 12/01/28 (Pre-refunded 6/01/18)  –  AGC Insured   6/18 at 100.00 AA (5) 1,334,652
115   6.000%, 12/01/33 (Pre-refunded 6/01/18)  –  AGC Insured   6/18 at 100.00 AA (5) 116,347
3,000   Kentucky Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds, Downtown Crossing Project, Capital Appreciation Series 2013B, 0.000%, 7/01/23   No Opt. Call Baa3 2,543,610
4,435   Total Kentucky       3,994,609
    Louisiana – 0.6% (0.5% of Total Investments)        
1,000   New Orleans, Louisiana, Water Revenue Bonds, Refunding Series 2014, 5.000%, 12/01/22   No Opt. Call A- 1,115,960
4


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Maine – 2.4% (1.8% of Total Investments)        
$ 1,000   Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2013, 5.000%, 7/01/33   7/23 at 100.00 BBB $1,036,100
    Maine Turnpike Authority, Special Obligation Bonds, Series 2014:        
620   5.000%, 7/01/25   7/24 at 100.00 A+ 706,707
340   5.000%, 7/01/27   7/24 at 100.00 A+ 386,060
1,850   5.000%, 7/01/29   7/24 at 100.00 A+ 2,084,543
3,810   Total Maine       4,213,410
    Maryland – 1.3% (1.0% of Total Investments)        
615   Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017, 5.000%, 9/01/32   9/27 at 100.00 BBB- 702,342
    Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Frederick Memorial Hospital Issue, Series 2012A:        
195   5.000%, 7/01/20   No Opt. Call Baa1 208,574
275   5.000%, 7/01/22   No Opt. Call Baa1 306,149
1,000   Prince George's County, Maryland, General Obligation Consolidated Public Improvement Bonds, Series 2011A, 5.000%, 9/15/22 (Pre-refunded 9/15/21)   9/21 at 100.00 AAA 1,112,050
2,085   Total Maryland       2,329,115
    Massachusetts – 2.0% (1.5% of Total Investments)        
250   Massachusetts Development Finance Agency, First Mortgage Revenue Bonds, Brookhaven at Lexington Project, Series 2005A, 5.000%, 3/01/35 (Pre-refunded 4/09/18)  –  RAAI Insured   4/18 at 100.00 AA (5) 250,610
1,000   Massachusetts Development Finance Agency, Resource Recovery Revenue Bonds, Covanta Energy Project, Series 2012A, 4.875%, 11/01/27 (Alternative Minimum Tax), 144A   5/18 at 100.00 BB+ 1,000,780
    Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Series 2012C:        
80   5.000%, 7/01/29 (Pre-refunded 7/01/22)   7/22 at 100.00 N/R (5) 90,403
420   5.000%, 7/01/29   7/22 at 100.00 BBB 452,794
500   5.000%, 7/01/29 (Pre-refunded 7/01/22)   7/22 at 100.00 Baa2 (5) 561,695
    Massachusetts Port Authority, Special Facilities Revenue Bonds, Delta Air Lines Inc., Series 2001A:        
140   5.000%, 1/01/21  –  AMBAC Insured (Alternative Minimum Tax)   5/18 at 100.00 N/R 142,160
1,000   5.000%, 1/01/27  –  AMBAC Insured (Alternative Minimum Tax)   7/18 at 100.00 N/R 1,015,390
3,390   Total Massachusetts       3,513,832
    Michigan – 5.8% (4.5% of Total Investments)        
1,000   Detroit City School District, Wayne County, Michigan, General Obligation Bonds, Tender Option Bond Trust 2016-XG0091, 19.126%, 5/01/30  –  AGM Insured, 144A (IF) (4)   No Opt. Call Aa1 1,925,970
5   Detroit, Michigan, Sewer Disposal System Revenue Bonds, Second Lien, Series 2006B, 5.000%, 7/01/36  –  FGIC Insured   5/18 at 100.00 BBB+ 5,013
5   Detroit, Michigan, Water Supply System Second Lien Revenue Bonds, Series 2003B, 5.000%, 7/01/34  –  NPFG Insured   5/18 at 100.00 BBB+ 5,014
730   Flint Hospital Building Authority, Michigan, Building Authority Revenue Bonds, Hurley Medical Center, Series 2013A, 5.000%, 7/01/23   No Opt. Call BBB- 775,501
5


NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments February 28, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Michigan (continued)        
$ 2,020   Michigan Finance Authority, Hospital Revenue Bonds, Crittenton Hospital Medical Center, Refunding Series 2012A, 4.125%, 6/01/32 (Pre-refunded 6/01/22)   6/22 at 100.00 N/R (5) $2,188,751
3,000   Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water & Sewerage Department Water Supply System Local Project, Refunding Senior Loan Series 2014D-1, 5.000%, 7/01/23  –  AGM Insured   No Opt. Call AA 3,396,030
120   Michigan Finance Authority, Public School Academy Limited Obligation Revenue Bonds, Old Redford Academy Project, Series 2010A, 5.250%, 12/01/20   No Opt. Call BB- 119,445
1,405   Michigan Finance Authority, Revenue Bonds, Trinity Health Credit Group, Tender Option Bond Trust 2015-XF0126, 17.877%, 12/01/27, 144A (IF) (4)   12/20 at 100.00 AA- 1,929,823
8,285   Total Michigan       10,345,547
    Minnesota – 1.3% (1.0% of Total Investments)        
550   Northern Municipal Power Agency, Minnesota, Electric System Revenue Bonds, Refunding Series 2016, 5.000%, 1/01/27   1/26 at 100.00 A- 633,699
750   Rochester, Minnesota, Health Care Facilities Revenue Bonds, Olmsted Medical Center Project, Series 2013, 5.000%, 7/01/20   No Opt. Call A 803,753
    Saint Paul Housing and Redevelopment Authority, Minnesota, Lease Revenue Bonds, Saint Paul Conservatory for Performing Artists Charter School Project, Series 2013A:        
205   3.550%, 3/01/21   No Opt. Call BB+ 205,986
100   3.700%, 3/01/22   No Opt. Call BB+ 100,666
500   Sauk Rapids, Minnesota, Health Care and Housing Facilities Revenue Bonds, Good Shepherd Lutheran Home, Refunding Series 2013, 5.000%, 1/01/19   No Opt. Call N/R 508,700
2,105   Total Minnesota       2,252,804
    Mississippi – 1.8% (1.4% of Total Investments)        
    Mississippi Development Bank Special Obligation Bonds, Marshall County Industrial Development Authority, Mississippi Highway Construction Project, Tender Option Bond Trust 2016-XG0092:        
800   18.548%, 1/01/24 (Pre-refunded 1/01/22) (IF) ,144A (4)   1/22 at 100.00 Aa3 (5) 1,266,920
1,000   18.548%, 1/01/25 (Pre-refunded 1/01/22) (IF) ,144A (4)   1/22 at 100.00 Aa3 (5) 1,583,650
200   18.548%, 1/01/26 (Pre-refunded 1/01/22) (IF) ,144A (4)   1/22 at 100.00 Aa3 (5) 316,730
2,000   Total Mississippi       3,167,300
    Missouri – 2.0% (1.6% of Total Investments)        
240   Franklin County Industrial Development Authority, Missouri, Sales Tax Refunding Revenue Bonds, Phoenix Center II Community Improvement District Project, Series 2013A, 4.000%, 11/01/25   11/20 at 100.00 N/R 236,407
3,000   Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Plum Point Project, Refunding Series 2014A, 5.000%, 1/01/23   No Opt. Call A 3,372,600
3,240   Total Missouri       3,609,007
    Nebraska – 1.8% (1.4% of Total Investments)        
3,000   Central Plains Energy Project, Nebraska, Gas Project 3 Revenue Bonds, Series 2012, 5.000%, 9/01/32   9/22 at 100.00 A 3,253,290
6


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Nevada – 2.0% (1.5% of Total Investments)        
$ 515   Carson City, Nevada, Hospital Revenue Bonds, Carson Tahoe Regional Healthcare Project, Series 2017A, 5.000%, 9/01/47   9/27 at 100.00 BBB+ $559,172
    Las Vegas Redevelopment Agency, Nevada, Tax Increment Revenue Bonds, Refunding Series 2016:        
1,295   5.000%, 6/15/26   No Opt. Call BBB+ 1,511,628
1,210   5.000%, 6/15/27   6/26 at 100.00 BBB+ 1,403,648
3,020   Total Nevada       3,474,448
    New Jersey – 7.0% (5.4% of Total Investments)        
615   New Jersey Economic Development Authority, Charter School Revenue Bonds, Lady Liberty Academy Charter School Project, Series 2013A, 5.150%, 8/01/23   No Opt. Call N/R 369,000
    New Jersey Economic Development Authority, Cigarette Tax Revenue Refunding Bonds, Series 2012:        
2,000   5.000%, 6/15/24   6/22 at 100.00 BBB+ 2,179,000
1,000   5.000%, 6/15/28   6/22 at 100.00 BBB+ 1,074,420
    New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge Replacement Project, Series 2013:        
860   5.000%, 1/01/21 (Alternative Minimum Tax)   No Opt. Call BBB 929,892
500   5.000%, 1/01/22 (Alternative Minimum Tax)   No Opt. Call BBB 551,725
500   5.000%, 7/01/22 (Alternative Minimum Tax)   No Opt. Call BBB 556,420
620   5.000%, 1/01/23 (Alternative Minimum Tax)   No Opt. Call BBB 695,194
1,000   New Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Tender Option Bond Trust 2016-XF2340, 4.470%, 9/01/25, 144A (IF) (4)   3/25 at 100.00 BBB+ 879,350
1,000   New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc., Series 1999, 5.250%, 9/15/29 (Alternative Minimum Tax)   8/22 at 101.00 BB- 1,091,610
1,045   New Jersey Health Care Facilities Financing Authority, New Jersey, Revenue Bonds, Saint Peters University Hospital, Series 2007, 5.250%, 7/01/21   7/18 at 100.00 BB+ 1,052,879
70   New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Series 2008, 6.000%, 7/01/18 (ETM)   No Opt. Call Baa3 (5) 71,080
3,000   Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2007-1A, 5.000%, 6/01/29   4/18 at 100.00 BBB- 3,004,530
12,210   Total New Jersey       12,455,100
    New York – 4.3% (3.4% of Total Investments)        
495   Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue Bonds, Catholic Health System, Inc. Project, Series 2015, 5.000%, 7/01/29   7/25 at 100.00 BBB+ 548,356
4,250   Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2017., 5.000%, 9/01/47   9/27 at 100.00 A- 4,794,298
2,000   New York Convention Center Development Corporation, New York, Revenue Bonds, Hotel Unit Fee Secured, Refunding Series 2015, 5.000%, 11/15/25   No Opt. Call Aa3 2,352,880
6,745   Total New York       7,695,534
    North Carolina – 0.2% (0.2% of Total Investments)        
400   North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Series 2009A, 5.250%, 1/01/25 (Pre-refunded 1/01/19)  –  AGC Insured   1/19 at 100.00 AA (5) 412,700
7


NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments February 28, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Ohio – 5.5% (4.3% of Total Investments)        
$ 3,500   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Senior Lien, Series 2007A-2, 5.875%, 6/01/30   5/18 at 100.00 B- $3,392,515
3,000   Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (Mandatory Put 12/03/18)   No Opt. Call D 1,020,000
2,000   Ohio Air Quality Development Authority, Ohio, Revenue Bonds, Ohio Valley Electric Corporation Project, Series 2009E, 5.625%, 10/01/19   No Opt. Call BBB- 2,060,680
1,150   Ohio State, Private Activity Bonds, Portsmouth Gateway Group, LLC - Borrower, Portsmouth Bypass Project, Series 2015, 5.000%, 12/31/27  –  AGM Insured (Alternative Minimum Tax)   6/25 at 100.00 AA 1,297,821
2,000   Ross County, Ohio, Hospital Revenue Refunding Bonds, Adena Health System Series 2008, 5.750%, 12/01/28 (Pre-refunded 12/01/18)   12/18 at 100.00 A- (5) 2,064,540
11,650   Total Ohio       9,835,556
    Oklahoma – 0.7% (0.6% of Total Investments)        
1,120   Oklahoma City Water Utilities Trust, Oklahoma, Water and Sewer Revenue Bonds, Refunding Series 2016, 5.000%, 7/01/36   7/26 at 100.00 AAA 1,287,552
    Oregon – 0.6% (0.5% of Total Investments)        
965   Astoria Hospital Facilities Authority, Oregon, Hospital Revenue and Refunding Bonds, Columbia Memorial Hospital, Series 2012, 5.000%, 8/01/22   No Opt. Call BBB- 1,065,630
    Pennsylvania – 4.1% (3.2% of Total Investments)        
90   East Hempfield Township Industrial Development Authority, Pennsylvania, Student Services Inc - Student Housing Project at Millersville University, Series 2013, 4.000%, 7/01/19   No Opt. Call BBB- 92,027
    Erie Higher Education Building Authority, Pennsylvania, Revenue Bonds, Gannon University Project, Series 2013:        
465   4.000%, 5/01/20   No Opt. Call BBB+ 482,782
480   4.000%, 5/01/21   No Opt. Call BBB+ 504,749
500   4.000%, 5/01/22   No Opt. Call BBB+ 530,285
520   4.000%, 5/01/23   No Opt. Call BBB+ 555,989
2,190   Erie Sewer Authority, Erie County, Pennsylvania, Sewer Revenue Bonds, Series 2012A, 5.000%, 6/01/21  –  AGM Insured   No Opt. Call AA 2,390,451
1,700   Pennsylvania Economic Development Financing Authority, Private Activity Revenue Bonds, Pennsylvania Rapid Bridge Replacement Project, Series 2015, 5.000%, 6/30/28 (Alternative Minimum Tax)   6/26 at 100.00 BBB 1,911,497
    Southcentral Pennsylvania General Authority, Revenue Bonds, Hanover Hospital Inc., Series 2013:        
370   5.000%, 12/01/20   No Opt. Call BBB 396,436
435   5.000%, 12/01/21   No Opt. Call BBB 474,467
6,750   Total Pennsylvania       7,338,683
    Rhode Island – 1.8% (1.4% of Total Investments)        
3,000   Rhode Island Health & Educational Building Corporation, Public Schools Financing Program Revenue Bonds, Pooled Series 2009E, 6.000%, 5/15/29 (Pre-refunded 5/15/19)  –  AGC Insured   5/19 at 100.00 AA (5) 3,161,340
8


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    South Carolina – 1.2% (1.0% of Total Investments)        
$ 2,000   South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2014B, 5.000%, 12/01/31   6/24 at 100.00 A+ $ 2,199,900
    Tennessee – 6.5% (5.0% of Total Investments)        
    Knox County Health, Educational and Housing Facility Board, Tennessee, Hospital Revenue Bonds, Covenant Health, Refunding Series 2012A:        
1,440   5.000%, 1/01/25   1/23 at 100.00 A 1,609,762
2,170   5.000%, 1/01/26   1/23 at 100.00 A 2,417,423
2,000   Memphis-Shelby County Airport Authority, Tennessee, Airport Revenue Bonds, Series 2010B, 5.750%, 7/01/22 (Alternative Minimum Tax)   7/20 at 100.00 A 2,171,800
450   Metropolitan Government of Nashville-Davidson County, Tennessee, Water and Sewerage Revenue Bonds, Green Series 2017A, 5.000%, 7/01/42   7/27 at 100.00 AA 516,046
400   The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006B, 5.625%, 9/01/26   No Opt. Call BBB 459,476
    The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006C:        
1,020   5.000%, 2/01/21   No Opt. Call A 1,103,773
1,490   5.000%, 2/01/24   No Opt. Call A 1,677,859
1,365   5.000%, 2/01/25   No Opt. Call A 1,547,951
10,335   Total Tennessee       11,504,090
    Texas – 10.4% (8.0% of Total Investments)        
500   Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Subordinate Lien Series 2013, 5.000%, 1/01/22   No Opt. Call BBB 546,715
200   Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien Series 2010, 5.750%, 1/01/25 (Pre-refunded 1/01/20)   1/20 at 100.00 BBB+ (5) 215,022
685   Denton County Fresh Water Supply District 7, Texas, General Obligation Bonds, Refunding Series 2013, 4.000%, 2/15/21  –  AGM Insured   No Opt. Call AA 720,058
2,000   Gulf Coast Industrial Development Authority, Texas, Solid Waste Disposal Revenue Bonds, Citgo Petroleum Corporation Project, Series 1995, 4.875%, 5/01/25 (Alternative Minimum Tax)   10/22 at 100.00 BB 2,075,920
    Harris County-Houston Sports Authority, Texas, Revenue Bonds, Refunding Second Lien Series 2014C:        
230   5.000%, 11/15/22   No Opt. Call A3 255,139
1,660   5.000%, 11/15/23   No Opt. Call A3 1,867,018
960   5.000%, 11/15/25   11/24 at 100.00 A3 1,086,960
515   Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Facilities Department, Refunding Series 2011A, 5.250%, 9/01/19   No Opt. Call A2 540,894
    Irving, Texas, Hotel Occupancy Tax Revenue Bonds, Series 2014B:        
465   4.000%, 8/15/22   8/19 at 100.00 BBB+ 472,152
535   4.000%, 8/15/23   8/19 at 100.00 BBB+ 541,554
100   Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds, Southwest Airlines Company - Love Field Modernization Program Project, Series 2012, 5.000%, 11/01/20 (Alternative Minimum Tax)   No Opt. Call A3 108,203
9


NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments February 28, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Texas (continued)        
    Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Scott & White Healthcare Project, Tender Option Bond Trust 2016-XG0058:        
$ 100   18.304%, 8/15/22 (IF) ,144A (4)   No Opt. Call Aa3 $161,506
155   18.143%, 8/15/24 (IF) ,144A (4)   8/23 at 100.00 Aa3 262,127
200   18.304%, 8/15/26 (IF) ,144A (4)   8/23 at 100.00 Aa3 325,264
175   18.111%, 8/15/27 (IF) ,144A (4)   8/23 at 100.00 Aa3 279,232
3,000   Texas Municipal Gas Acquisition and Supply Corporation I, Gas Supply Revenue Bonds, Senior Lien Series 2008D, 6.250%, 12/15/26   No Opt. Call A- 3,518,880
3,000   Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Series 2012, 5.000%, 12/15/27   12/22 at 100.00 A3 3,299,250
360   Texas Public Finance Authority, Revenue Bonds, Texas Southern University Financing System, Series 2011, 6.000%, 5/01/23   5/21 at 100.00 BBB 393,376
1,480   Texas State, General Obligation Bonds, Water Financial Assistance, Refunding Series 2016B1, 5.000%, 8/01/26   No Opt. Call AAA 1,762,872
16,320   Total Texas       18,432,142
    Utah – 2.4% (1.9% of Total Investments)        
3,000   Salt Lake County, Utah, Research Facility Revenue Bonds, Huntsman Cancer Foundation, Series 2013A-1, 5.000%, 12/01/33 (Pre-refunded 12/17/18) (Mandatory Put 12/15/20)   12/18 at 100.00 N/R (5) 3,084,900
435   Utah Water Finance Agency, Revenue Bonds, Pooled Loan Financing Program, Series 2017A, 5.000%, 3/01/35   3/27 at 100.00 AA 499,458
600   Utah Water Finance Agency, Revenue Bonds, Pooled Loan Financing Program, Series 2017C, 5.000%, 3/01/34   3/27 at 100.00 AA 691,962
4,035   Total Utah       4,276,320
    Vermont – 0.5% (0.4% of Total Investments)        
900   Vermont Economic Development Authority, Solid Waste Disposal Revenue Bonds, Casella Waste Systems, Inc. Project, Series 2013, 4.625%, 4/01/36 (Alternative Minimum Tax) (Mandatory Put 4/03/28), 144A   No Opt. Call B- 901,359
    Virgin Islands – 1.1% (0.9% of Total Investments)        
2,000   Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2012A, 4.000%, 10/01/22  –  AGM Insured   No Opt. Call AA 2,021,440
    Virginia – 1.2% (0.9% of Total Investments)        
1,340   Chesapeake Bay Bridge and Tunnel District, Virginia, General Resolution Revenue Bonds, First Tier Series 2016, 5.000%, 7/01/41  –  AGM Insured   7/26 at 100.00 AA 1,492,291
535   Chesapeake, Virginia, Transportation System Senior Toll Road Revenue Bonds, Series 2012A, 5.000%, 7/15/21   No Opt. Call BBB 591,084
1,875   Total Virginia       2,083,375
    Washington – 0.5% (0.3% of Total Investments)        
700   Port of Seattle, Washington, Revenue Bonds, Intermediate Lien Series 2015A, 5.000%, 4/01/27   10/24 at 100.00 AA- 802,823
10


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    West Virginia – 0.6% (0.4% of Total Investments)        
$ 1,035   West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Appalachian Power Company - Amos Project, Refundng Series 2015A, 1.900%, 3/01/40 (Mandatory Put 4/01/19)   No Opt. Call A- $ 1,030,270
    Wisconsin – 0.4% (0.3% of Total Investments)        
    University of Wisconsin Hospitals and Clinics Authority, Revenue Bonds, Tender Option Bond Trust 2015-XF0127:        
50   16.780%, 4/01/22 (IF) ,144A (4)   No Opt. Call AA- 77,575
100   17.400%, 4/01/23 (IF) ,144A (4)   No Opt. Call AA- 167,198
185   17.107%, 4/01/24 (IF) ,144A (4)   4/23 at 100.00 AA- 301,839
100   17.400%, 4/01/25 (IF) ,144A (4)   4/23 at 100.00 AA- 162,586
435   Total Wisconsin       709,198
$ 206,108   Total Long-Term Investments (cost $224,746,043)       226,391,366
    
Principal Amount (000)   Description (1)   Optional Call Provision (2) Ratings (3) Value
    SHORT-TERM INVESTMENTS  –  1.5% (1.2% of Total Investments)        
    MUNICIPAL BONDS  –  1.5% (1.2% of Total Investments)        
    Illinois – 0.6% (0.5% of Total Investments)        
$ 1,050   Illinois Finance Authority, Revenue Bonds, University of Chicago, Variable Rate Demand Obligations, Tender Option Bond Floater 2015-XM0114, 1.120%, 7/01/37 (7)   7/18 at 100.00 A-1 $ 1,050,000
    Maine – 0.1% (0.1% of Total Investments)        
200   Maine Health and Higher Educational Facilities Authority, Revenue Bonds, Bowdoin College, Variable Rate Demand Obligations, Tender Option Bond Floater 2009-XF0402, 1.120%, 7/01/39 (7)   7/19 at 100.00 VMIG-1 200,000
    Washington – 0.8% (0.6% of Total Investments)        
1,500   Washington State Health Care Facilities Authority, Revenue Bonds, Catholic Health Initiative, Variable Rate Demand Obligations, Tender Option Bond Floater 2016-XM0424, 1.440%, 2/01/41 (7)   2/21 at 100.00 VMIG-3 1,500,000
$ 2,750   Total Short-Term Investments (cost $2,750,000)       2,750,000
    Total Investments (cost $227,496,043) – 128.8%       229,141,366
    Variable Rate MuniFund Term Preferred Shares, net of deferred offering costs – (30.9)% (8)       (54,875,192)
    Other Assets Less Liabilities – 2.1%       3,605,637
    Net Assets Applicable to Common Shares – 100%       $ 177,871,811
11


NIQ Nuveen Intermediate Duration Quality Municipal Term Fund (continued)
  Portfolio of Investments February 28, 2018
  (Unaudited)
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, prepayment speeds, credit risk, 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 risks 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:        
Municipal Bonds $ — $226,391,366 $ — $226,391,366
Short-Term Investments:        
Municipal Bonds  — 2,750,000  — 2,750,000
Total $ — $229,141,366 $ — $229,141,366
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 timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. 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 table below presents the cost and unrealized appreciation (depreciation) of the Fund's investment portfolio, as determined on a federal income tax basis, as of February 28, 2018.
Tax cost of investments $227,281,059
Gross unrealized:  
Appreciation $ 5,002,629
Depreciation (3,142,322)
Net unrealized appreciation (depreciation) of investments $ 1,860,307
12


(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) 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.  
(6) Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period.  
(7) Investment has maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the reporting period. This rate changes periodically based on market conditions or a specified market index.  
(8) Variable Rate MuniFund Term Preferred Shares, net of deferred offering costs as a percentage of Total Investments is 23.9%.  
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.  
ETM Escrowed to maturity.  
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.  
13


Item 2. Controls and Procedures.

 

  a. 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)).

 

  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: See 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 Intermediate Duration Quality Municipal Term Fund   
By (Signature and Title)    /s/ Gifford R. Zimmerman                                                       
   Gifford R. Zimmerman   
   Vice President and Secretary   

Date: April 27, 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: April 27, 2018      
By (Signature and Title)    /s/ Stephen D. Foy                                                                    
   Stephen D. Foy   
   Vice President and Controller (principal financial officer)   
Date: April 27, 2018