Fund Description: Nuveen Short Duration Credit Opportunities Fund is an exchange-traded closed-end fund or a closed-end ETF that is officially described as a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Fund’s investment objective is to provide current income and the potential for capital appreciation. FUND STRATEGY: The Fund seeks to achieve its investment objective by investing primarily in a blended portfolio of below investment grade adjustable rate corporate debt instruments, including senior secured loans, second lien loans and other adjustable rate corporate debt instruments. The Fund also may make limited tactical investments in other types of debt instruments. The Fund’s short duration investment strategy seeks to maintain, under normal market circumstances, an average portfolio duration, including the effect of leverage, that will not exceed two years. Through these investments, the Fund seeks to capitalize on the credit spread opportunity which prevails through all phases of the interest rate cycle, and to offer the opportunity for additional income if interest rates are rising. Adjustable rate instruments pay interest at rates which are determined periodically at short-term intervals on the basis of an adjustable base lending rate plus a premium. Under normal market circumstances, the Fund will invest at least 70% of its Managed Assets in adjustable rate senior loans and second lien loans. In addition, the Fund may make limited tactical investments in high yield debt and other debt instruments. The Fund also may enter into tactical short positions consisting primarily of high yield debt. Substantially all of the Fund’s portfolio likely will be invested in corporate debt instruments that are, at the time of investment, rated below investment grade or unrated but judged by the portfolio managers to be of comparable quality. FUND MANAGEMENT: Nuveen Fund Advisors, Inc. will be responsible for determining the Fund’s overall investment strategy and its implementation, including the use of leverage and hedging. Symphony Asset Management, LLC, the Fund’s subadviser, will be responsible for investing the Fund’s Managed Assets. Nuveen Fund Advisors and Symphony are both subsidiaries of Nuveen Investments, Inc.