SEC Form SC 13D/A filed by Nuveen Short Duration Credit Opportunities Fund (Amendment)

4/4/23 3:54:31 PM ET

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SC 13D/A 1 thirda.txt SCHEDULE 13D/A DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT 4/4/23 1. NAME OF REPORTING PERSON Bulldog Investors, LLP 2. CHECK THE BOX IF MEMBER OF A GROUP a[] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION DE ___________________________________________________________ 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 313,062 9. SOLE DISPOSITIVE POWER 0 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 313,062 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 313,062(Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 3.10% 14. TYPE OF REPORTING PERSON IA ___________________________________________________________ 1. NAME OF REPORTING PERSON Phillip Goldstein 2. CHECK THE BOX IF MEMBER OF A GROUP a[] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 615,541 9. SOLE DISPOSITIVE POWER 0 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 615,541 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 615,541 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 6.10% 14. TYPE OF REPORTING PERSON IN ___________________________________________________________ 1. NAME OF REPORTING PERSON Andrew Dakos 2. CHECK THE BOX IF MEMBER OF A GROUP a[] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 615,541 9. SOLE DISPOSITIVE POWER 0 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 615,541 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 615,541 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 6.10% 14. TYPE OF REPORTING PERSON IN ___________________________________________________________ Item 1. SECURITY AND ISSUER This Constitutes Amendment #1 to the schedule 13d filed February 6, 2023. Except as specifically set forth herein, the Schedule 13d remaines unmodified ITEM 4. PURPOSE OF TRANSACTION See exhibit A - Letter to Shareholders. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As per the N-CSR filed on 10/7/2022 there were 10,085,648 shares of common stock outstanding as of 7/31/2022. The percentages set forth herein were derived using such number. Phillip Goldstein and Andrew Dakos own Bulldog Investors, LLP, a registered investment advisor. As of April 3, 2023 Bulldog Investors, LLP is deemed to be the beneficial owner of 313,062 shares of JSD (representing 3.10% of JSD's outstanding shares) solely by virtue of Bulldog Investors LLP's power to direct the vote of,and dispose of, these shares. As of April 3, 2023, each of Messrs. Goldstein and Dakos is deemed to be the beneficial owner of 615,541 shares of JSD (representing 6.10% of JSD's outstanding shares) by virtue of their power to direct the vote of, and dispose of, these shares. (b)Bulldog Investors,LLP has sole power to dispose of and vote 0 shares. Bulldog Investors, LLP has shared power to dispose of and vote 313,062 shares. Certain of Bulldog Investors, LLP's clients (none of whom beneficially own more than 5% of JSD's shares) share this power with Bulldog Investors, LLP. Messrs. Goldstein and Dakos are partners of Bulldog Investors, LLP. Messrs. Goldstein and Dakos have shared power to dispose of and vote an additional 302,479 shares. c) Since the last filing on 2/6/23 the following shares of JSD were bought. Date Shares Price 3/13/2023 10,000 11.8645 3/15/2023 10,900 11.5129 3/16/2023 2,718 11.5400 3/17/2023 10,782 11.4559 3/20/2023 10,000 11.4597 3/28/2023 6,150 11.6189 d) Clients of Bulldog Investors, LLP and a closed-end investment company for which Messrs. Goldstein and Dakos have investment authority are entitled to receive any dividends or sales proceeds. e) N/A ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. N/A ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit A After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: 4/4/2023 By: /S/ Phillip Goldstein Name: Phillip Goldstein By: /S/ Andrew Dakos Name: Andrew Dakos Bulldog Investors, LLP By: /s/ Andrew Dakos Andrew Dakos, Partner Footnote 1: The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest therein. Exhibit A: Bulldog Investors, LLP, 250 Pehle Avenue, Suite 708, Saddle Brook, NJ 07663 (201) 881-7111 // [email protected] To: Fellow Stockholders Of Nuveen Short Duration Credit Opportunities Fund (JSD) Date: April 4, 2023 Bulldog Investors is one of the largest stockholders of JSD. The Board of Trustees of JSD is sending proxies to stockholders asking them to approve a merger of JSD into another closed-end fund, Nuveen Floating Rate Income Fund (JFR), at a special meeting on May 8, 2023. One reason the Board gives for approving the merger is "the potential for a narrower trading discount." However, currently JSD's shares and JFR's shares are both trading at a double-digit discount to their net asset value (NAV). Moreover, the JSD Board candidly admits that "no assurance can be provided regarding the trading discount of the common shares of the combined fund." As we all know, hope is not a plan. We believe that if a closed-end fund is trading at a sizeable discount to NAV and its stockholders are being asked to approve a major change, i.e., a merger, a change of control of the Board, approval of a new investment advisor, or a change in the fund's investment objective, then before the change occurs, they should have an opportunity to monetize a portion of their shares at a price that is close to NAV. Consequently, we have asked the Board of JSD to conduct a self-tender offer at a price close to NAV before our Fund is merged out of existence. But the Board has not agreed to conduct such a self-tender offer. THEREFORE, WE ARE URGING STOCKHOLDERS TO VOTE AGAINST THE PROPOSED MERGER. If the merger is not approved, we intend to advocate for JSD to convert to an open-end fund or to liquidate, in which case all stockholders will be able to receive NAV for their shares. IMPORTANT!!! IF YOU HAVE ALREADY VOTED FOR THE MERGER, YOU CAN CHANGE YOUR VOTE. PLEASE CALL INVESTORCOM AT 1-877-972-0090 IF YOU NEED ANY HELP IN VOTING AGAINST THE MERGER. Sincerely, /s/ Phillip Goldstein Phillip Goldstein Managing Partner

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SEC Form SC 13D/A filed by Nuveen Short Duration Credit Opportunities Fund (Amendment)

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