 Nuveen today announced that the Nuveen Short Duration Credit Opportunities Fund NYSE: JSD has issued 100 million of Taxable Fund Preferred Shares TFP Shares in a private placement. The Fund will use the net proceeds from the sale of the TFP Shares, along with cash already held by the Fund, to redeem all of the Funds outstanding Series 2020 Term Preferred Shares and to reduce borrowings under the Funds credit facility. 