nq2.htm



 
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 811-06385
 
Nuveen Ohio Quality Income Municipal 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)
 

Kevin J. McCarthy
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:            2/29          
 
Date of reporting period:         11/30/15         
 
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
 
 
           
   
Portfolio of Investments
      
           
   
Nuveen Ohio Quality Income Municipal Fund (NUO)
      
   
November 30, 2015 (Unaudited)
      
 
 
Principal
    
Optional Call
    
Amount (000)
  
Description (1)
Provisions (2)
Ratings (3)
Value
   
LONG-TERM INVESMENTS – 140.8% (100.0% of Total Investments)
      
           
   
MUNICIPAL BONDS – 140.8% (100.0% of Total Investments)
      
           
   
Consumer Staples – 4.7% (3.4% of Total Investments)
      
$       400
  
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
No Opt. Call
Aaa
$        407,524
   
Bonds, Senior Lien, Series 2007A-1, 5.000%, 6/01/16
      
   
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
      
   
Bonds, Senior Lien, Series 2007A-2:
      
15,035
  
5.125%, 6/01/24
6/17 at 100.00
B–
13,474,666
1,085
  
5.875%, 6/01/47
6/17 at 100.00
B
940,858
16,520
  
Total Consumer Staples
    
14,823,048
   
Education and Civic Organizations – 8.5% (6.0% of Total Investments)
      
4,375
  
Miami University of Ohio, General Receipts Bonds, Refunding Series 2014, 5.000%, 9/01/33
9/24 at 100.00
AA
5,084,188
   
Miami University of Ohio, General Receipts Bonds, Series 2011:
      
130
  
5.000%, 9/01/33
No Opt. Call
AA
150,888
1,960
  
5.000%, 9/01/36
9/21 at 100.00
AA
2,257,861
   
Miami University of Ohio, General Receipts Bonds, Series 2012:
      
480
  
4.000%, 9/01/32
9/22 at 100.00
AA
507,322
1,000
  
4.000%, 9/01/33
9/22 at 100.00
AA
1,053,790
370
  
Ohio Higher Education Facilities Commission, General Revenue Bonds, Kenyon College, Series
7/16 at 100.00
A+
377,633
   
2006, 5.000%, 7/01/41
      
2,280
  
Ohio Higher Educational Facilities Commission, General Revenue Bonds, University of Dayton,
12/16 at 100.00
A
2,362,969
   
2006 Project, Series 2006, 5.000%, 12/01/30 – AMBAC Insured
      
   
Ohio Higher Educational Facilities Commission, Revenue Bonds, Denison University Project,
      
   
Series 2012:
      
120
  
5.000%, 11/01/27
5/22 at 100.00
AA
138,920
590
  
5.000%, 11/01/32
5/22 at 100.00
AA
669,479
5,000
  
Ohio Higher Educational Facilities Commission, Revenue Bonds, University of Dayton, Series
12/22 at 100.00
A
5,534,200
   
2013, 5.000%, 12/01/43
      
2,500
  
Ohio Higher Educational Facility Commission, Revenue Bonds, Kenyon College, Series 2015,
7/25 at 100.00
A+
2,798,750
   
5.000%, 7/01/41
      
2,250
  
Ohio State Higher Education Facilities, Revenue Bonds, Case Western Reserve University, Series
12/16 at 100.00
AA–
2,332,755
   
2006, 5.000%, 12/01/44 – NPFG Insured
      
950
  
Ohio State, Higher Educational Facility Revenue Bonds, Otterbein College Project, Series
12/18 at 100.00
A3
1,042,939
   
2008A, 5.500%, 12/01/28
      
1,000
  
Ohio University at Athens, General Receipts Bonds, Series 2013, 5.000%, 12/01/39
12/22 at 100.00
Aa3
1,116,110
1,000
  
Tuscarawas County Economic Development and Finance Alliance, Ohio, Higher Education Facilities
3/25 at 100.00
N/R
1,009,780
   
Revenue Bonds, Ashland University, Refunding & Improvement Series 2015, 6.000%, 3/01/45
      
24,005
  
Total Education and Civic Organizations
    
26,437,584
   
Health Care – 30.7% (21.8% of Total Investments)
      
3,000
  
Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Revenue Bonds,
5/23 at 100.00
A1
3,257,220
   
Children’s Hospital Medical Center, Improvement Series 2013, 5.000%, 11/15/38
      
1,950
  
Allen County, Ohio, Hospital Facilities Revenue Bonds, Catholic Healthcare Partners, Series
6/20 at 100.00
AA–
2,171,754
   
2010A, 5.250%, 6/01/38
      
3,500
  
Butler County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2010,
11/20 at 100.00
A
4,014,570
   
5.500%, 11/01/40
      
6,575
  
Butler County, Ohio, Hospital Facilities Revenue Bonds, Cincinnati Children’s Medical Center
5/16 at 100.00
A3
6,664,157
   
Project, Series 2006K, 5.000%, 5/15/31 – FGIC Insured
      
2,400
  
Fairfield County, Ohio, Hospital Facilities Revenue Bonds, Fairfield Medical Center Project,
6/23 at 100.00
Baa2
2,558,904
   
Series 2013, 5.000%, 6/15/43
      
   
Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children’s Hospital Project,
      
   
Improvement Series 2009:
      
250
  
5.000%, 11/01/34
11/19 at 100.00
Aa2
275,948
2,615
  
5.250%, 11/01/40
11/19 at 100.00
Aa2
2,901,473
2,470
  
Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children’s Hospital Project, Series
11/18 at 100.00
Aa2
2,648,532
   
2008A, 5.000%, 11/01/40
      
250
  
Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Series 2011A,
11/21 at 100.00
AA+
276,375
   
5.000%, 11/15/41
      
4,480
  
Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Tender Option Bond
11/21 at 100.00
AA+
5,425,280
   
Trust 11-21B, 9.394%, 11/15/41 (IF) (4)
      
3,225
  
Hancock County, Ohio, Hospital Revenue Bonds, Blanchard Valley Regional Health Center, Series
6/21 at 100.00
A2
3,780,700
   
2011A, 6.250%, 12/01/34
      
   
Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series 2008D:
      
90
  
5.000%, 11/15/38
11/18 at 100.00
AA
96,777
40
  
5.125%, 11/15/40
11/18 at 100.00
AA
43,071
3,965
  
Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series
11/21 at 100.00
AA
4,740,871
   
2011A, 6.000%, 11/15/41
      
1,500
  
Miami County, Ohio, Hospital Facilities Revenue Refunding Bonds, Upper Valley Medical Center
5/16 at 100.00
A
1,529,445
   
Inc., Series 2006, 5.250%, 5/15/21
      
820
  
Middleburg Heights, Ohio, Hospital Facilities Revenue Bonds, Southwest General Health Center
8/21 at 100.00
A2
889,880
   
Project, Refunding Series 2011, 5.250%, 8/01/41
      
   
Montgomery County, Ohio, Revenue Bonds, Catholic Health Initiatives, Series 2004A:
      
3,700
  
5.000%, 5/01/30
2/16 at 100.00
A+
3,711,285
2,500
  
5.000%, 5/01/32
2/16 at 100.00
A+
2,505,000
6,105
  
Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated
2/23 at 100.00
BB+
6,275,574
   
Group Project, Series 2013, 5.000%, 2/15/44
      
95
  
Ohio Higher Educational Facilities Commission, Revenue Bonds, University Hospitals Health
1/17 at 100.00
AA+
99,070
   
System Inc., Series 2007A, 5.250%, 1/15/46 – BHAC Insured
      
   
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Cleveland Clinic
      
   
Health System Obligated Group, Series 2008A:
      
3,000
  
5.000%, 1/01/25
1/18 at 100.00
Aa2
3,239,970
240
  
5.250%, 1/01/33
1/18 at 100.00
Aa2
259,601
1,100
  
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Cleveland Clinic
1/22 at 100.00
Aa2
1,243,066
   
Health System Obligated Group, Series 2012A, 5.000%, 1/01/38
      
   
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Summa Health
      
   
System Project, Series 2010:
      
1,500
  
5.750%, 11/15/40 – AGM Insured
5/20 at 100.00
AA
1,693,635
1,520
  
5.250%, 11/15/40 – AGM Insured
5/20 at 100.00
AA
1,675,709
8,050
  
Ohio State, Hospital Facility Revenue Bonds, Cleveland Clinic Health System Obligated Group,
1/19 at 100.00
Aa2
9,085,069
   
Refunding Series 2009A, 5.500%, 1/01/39
      
   
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System
      
   
Obligated Group, Tender Option Bond Trust 2015-XF0105:
      
5,350
  
19.828%, 1/01/33 (IF)
1/19 at 100.00
Aa2
8,101,612
875
  
19.828%, 7/01/36 (IF)
1/18 at 100.00
Aa2
1,168,195
   
Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc., Series 2013A:
      
1,000
  
5.000%, 1/15/28
1/23 at 100.00
A
1,131,840
2,000
  
5.000%, 1/15/29
1/23 at 100.00
A
2,251,400
   
Ross County, Ohio, Hospital Revenue Refunding Bonds, Adena Health System Series 2008:
      
1,425
  
5.750%, 12/01/28
12/18 at 100.00
A–
1,591,027
1,385
  
5.750%, 12/01/35
12/18 at 100.00
A–
1,534,774
1,000
  
5.750%, 12/01/35 – AGC Insured
12/18 at 100.00
AA
1,108,140
   
Wood County, Ohio, Hospital Facilities Refunding and Improvement Revenue Bonds, Wood County
      
   
Hospital Project, Series 2012:
      
2,635
  
5.000%, 12/01/37
No Opt. Call
Baa2
2,744,695
4,920
  
5.000%, 12/01/42
No Opt. Call
Baa2
5,106,763
85,530
  
Total Health Care
    
95,801,382
   
Housing/Multifamily – 2.6% (1.9% of Total Investments)
      
1,295
  
Clermont County, Ohio, GNMA Collateralized Mortgage Revenue Bonds, S.E.M. Villa II Project,
2/16 at 100.00
N/R
1,297,603
   
Series 1994A, 5.950%, 2/20/30
      
495
  
Franklin County, Ohio, GNMA Collateralized Multifamily Housing Mortgage Revenue Bonds, Agler
2/16 at 100.00
Aaa
496,153
   
Project, Series 2002A, 5.550%, 5/20/22 (Alternative Minimum Tax)
      
1,600
  
Montgomery County, Ohio, GNMA Guaranteed Multifamily Housing Revenue Bonds, Canterbury Court
10/18 at 101.00
Aa1
1,684,848
   
Project, Series 2007, 5.500%, 10/20/42 (Alternative Minimum Tax)
      
1,165
  
Ohio Housing Finance Agency, FHA-Insured Multifamily Housing Mortgage Revenue Bonds, Madonna
6/16 at 102.00
A1
1,184,677
   
Homes, Series 2006M, 4.900%, 6/20/48 (Alternative Minimum Tax)
      
3,390
  
Summit County Port Authority, Ohio, Multifamily Housing Revenue Bonds, Callis Tower Apartments
9/17 at 102.00
Aa1
3,523,397
   
Project, Series 2007, 5.250%, 9/20/47 (Alternative Minimum Tax)
      
7,945
  
Total Housing/Multifamily
    
8,186,678
   
Industrials – 2.1% (1.5% of Total Investments)
      
2,055
  
Cleveland-Cuyahoga County Port Authority, Ohio, Common Bond Fund Revenue Bonds, Cleveland
5/16 at 100.00
BBB+
2,072,200
   
Christian Home Project, Series 2002C, 5.950%, 5/15/22
      
3,495
  
Toledo-Lucas County Port Authority, Ohio, Revenue Refunding Bonds, CSX Transportation Inc.,
No Opt. Call
Baa1
4,340,930
   
Series 1992, 6.450%, 12/15/21
      
1,600
  
Western Reserve Port Authority, Ohio, Solid Waste Facility Revenue Bonds, Central Waste Inc.,
7/17 at 102.00
N/R
7,952
   
Series 2007A, 6.350%, 7/01/27 (Alternative Minimum Tax) (5)
      
7,150
  
Total Industrials
    
6,421,082
   
Long-Term Care – 1.1% (0.8% of Total Investments)
      
895
  
Franklin County, Ohio, Healthcare Facilities Revenue Bonds, Ohio Presbyterian Retirement
7/21 at 100.00
BBB–
966,842
   
Services, Improvement Series 2010A, 5.625%, 7/01/26
      
2,220
  
Montgomery County, Ohio, Health Care and Multifamily Housing Revenue Bonds, Saint Leonard,
4/20 at 100.00
BBB–
2,457,185
   
Refunding & improvement Series 2010, 6.625%, 4/01/40
      
3,115
  
Total Long-Term Care
    
3,424,027
   
Materials – 0.6% (0.4% of Total Investments)
      
2,000
  
Toledo-Lucas County Port Authority, Ohio, Port Revenue Bonds, Cargill Inc., Series 2004B,
No Opt. Call
A
2,000,240
   
4.500%, 12/01/15
      
   
Tax Obligation/General – 21.8% (15.4% of Total Investments)
      
   
Central Ohio Solid Waste Authority, General Obligation Bonds, Refunding & Improvements,
      
   
Series 2012:
      
1,140
  
5.000%, 12/01/26
6/22 at 100.00
Aaa
1,328,408
2,545
  
5.000%, 12/01/28
6/22 at 100.00
Aaa
2,938,559
1,605
  
5.000%, 12/01/29
6/22 at 100.00
Aaa
1,845,477
   
Cincinnati, Ohio, General Obligation Bonds, Various Purpose Series 2012A:
      
1,960
  
5.000%, 12/01/31
12/20 at 100.00
Aa2
2,253,020
875
  
5.000%, 12/01/32
12/20 at 100.00
Aa2
998,288
2,000
  
Cleveland, Ohio, General Obligation Bonds, Series 2011, 5.000%, 12/01/29
12/19 at 100.00
AA
2,246,500
1,140
  
Columbia Local School District, Lorain County, Ohio, General Obligation Bonds, School
11/21 at 100.00
A2
1,282,534
   
Facilities Improvement Series 2011, 5.000%, 11/01/39 – AGM Insured
      
   
Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Refunding
      
   
Series 2006:
      
4,310
  
0.000%, 12/01/27 – AGM Insured
No Opt. Call
AA+
3,072,082
5,835
  
0.000%, 12/01/28 – AGM Insured
No Opt. Call
AA+
4,021,424
   
Dublin, Ohio, General Obligation Bonds, Limited Tax Various Purpose Series 2015:
      
725
  
5.000%, 12/01/26
12/25 at 100.00
Aaa
913,486
900
  
5.000%, 12/01/32
12/25 at 100.00
Aaa
1,095,372
1,000
  
5.000%, 12/01/34
12/25 at 100.00
Aaa
1,206,280
1,730
  
Franklin County, Ohio, General Obligation Bonds, Refunding Series 2014, 5.000%, 6/01/31
12/23 at 100.00
AAA
2,043,303
   
Gallia County Local School District, Gallia and Jackson Counties, Ohio, General Obligation
      
   
Bonds, Refunding School Improvement Series 2014:
      
1,260
  
5.000%, 11/01/30
11/24 at 100.00
Aa2
1,469,853
1,540
  
5.000%, 11/01/31
11/24 at 100.00
Aa2
1,789,896
   
Greenville City School District, Drake County, Ohio, General Obligation Bonds, School
      
   
Improvement Series 2013:
      
555
  
5.250%, 1/01/38
1/22 at 100.00
AA
621,034
1,355
  
5.250%, 1/01/41
1/22 at 100.00
AA
1,513,820
1,355
  
Grove City, Ohio, General Obligation Bonds, Construction & Improvement Series 2009,
12/19 at 100.00
Aa1
1,529,361
   
5.125%, 12/01/36
      
6,580
  
Indian Lake Local School District, Logan and Auglaize Counties, Ohio, School Facilities
6/17 at 100.00
AA–
6,922,489
   
Improvement and Refunding Bonds, Series 2007, 5.000%, 12/01/34 – NPFG Insured
      
2,160
  
Kenston Local School District, Geauga County, Ohio, General Obligation Bonds, Series 2011,
No Opt. Call
Aa1
1,935,187
   
0.000%, 12/01/21
      
2,620
  
Lucas County, Ohio, General Obligation Bonds, Various Purpose Series 2010, 5.000%, 10/01/40
10/18 at 100.00
AA
2,858,525
4,500
  
Middletown City School District, Butler County, Ohio, General Obligation Bonds, Refunding
No Opt. Call
A2
5,596,920
   
Series 2007, 5.250%, 12/01/31 – AGM Insured
      
1,305
  
Monroe Local School District, Butler County, Ohio, General Obligation Bonds, Series 2006,
No Opt. Call
Baa1
1,576,636
   
5.500%, 12/01/24 – AMBAC Insured
      
725
  
Napoleon City School District, Henry County, Ohio, General Obligation Bonds, Facilities
6/22 at 100.00
Aa3
805,562
   
Construction & Improvement Series 2012, 5.000%, 12/01/36
      
2,300
  
Northmor Local School District, Morrow County, Ohio, General Obligation Bonds, School
11/18 at 100.00
Aa2
2,510,542
   
Facilities Construction & Improvement Series 2008, 5.000%, 11/01/36
      
3,000
  
Ohio State, General Obligation Bonds, Highway Capital Improvement, Series 2014R,
5/24 at 100.00
AAA
3,581,280
   
5.000%, 5/01/29
      
5,000
  
South Euclid, Ohio, General Obligation Bonds, Real Estate Acquisition and Urban Redevelopment,
6/22 at 100.00
Aa2
5,451,050
   
Series 2012, 5.000%, 6/01/42
      
2,250
  
South-Western City School District, Franklin and Pickaway Counties, Ohio, General Obligation
6/22 at 100.00
AA
2,526,773
   
Bonds, School Facilities Construction & Improvement Series 2012, 5.000%, 12/01/36
      
1,500
  
Springboro Community City School District, Warren County, Ohio, General Obligation Bonds,
No Opt. Call
AA
1,896,300
   
Refunding Series 2007, 5.250%, 12/01/32
      
70
  
Strongsville, Ohio, Limited Tax General Obligation Various Purpose Improvement Bonds, Series
2/16 at 100.00
Aaa
70,341
   
1996, 5.950%, 12/01/21
      
63,840
  
Total Tax Obligation/General
    
67,900,302
   
Tax Obligation/Limited – 29.7% (21.1% of Total Investments)
      
   
Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien
      
   
Series 2013A-2:
      
1,315
  
5.000%, 10/01/27
10/23 at 100.00
AA
1,529,805
1,520
  
5.000%, 10/01/30
10/23 at 100.00
AA
1,741,099
1,600
  
5.000%, 10/01/31
10/23 at 100.00
AA
1,825,520
2,000
  
Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien
10/23 at 100.00
AA
2,268,440
   
Series 2015A-2, 5.000%, 10/01/37
      
3,000
  
Cleveland, Ohio, Income Tax Revenue Bonds, Public Facilities Improvements, Series 2014A-1,
11/23 at 100.00
AA
3,392,460
   
5.000%, 11/15/38
      
500
  
Columbus-Franklin County Finance Authority, Ohio, Development Revenue Bonds, Hubbard Avenue
12/19 at 100.00
BBB
507,600
   
Parking Facility Project, Series 2012A, 5.000%, 12/01/36
      
6,750
  
Cuyahoga County, Ohio, Economic Development Revenue Bonds, Medical Mart-Convention Center
12/20 at 100.00
Aa2
7,648,898
   
Project, Recovery Zone Facility Series 2010F, 5.000%, 12/01/27
      
   
Cuyahoga County, Ohio, Sales Tax Revenue Bonds, Various Purpose Series 2014:
      
1,815
  
5.000%, 12/01/32
12/24 at 100.00
AAA
2,138,723
1,415
  
5.000%, 12/01/33
12/24 at 100.00
AAA
1,661,210
1,000
  
5.000%, 12/01/34
12/24 at 100.00
AAA
1,168,800
945
  
5.000%, 12/01/35
12/24 at 100.00
AAA
1,100,434
300
  
Delaware County District Library, Ohio, Library Fund Library Facilities Special Obligation
12/19 at 100.00
Aa2
326,607
   
Notes, Series 2009, 5.000%, 12/01/34
      
1,920
  
Dublin, Ohio, Special Obligation Non-Tax Revenue Bonds, Series 2015A, 5.000%, 12/01/44
12/25 at 100.00
Aa1
2,197,920
10,350
  
Franklin County Convention Facilities Authority, Ohio, Tax and Lease Revenue Anticipation and
12/24 at 100.00
Aaa
11,814,627
   
Refunding Bonds, Columbus City & Franklin County Lessees, Series 2014, 5.000%, 12/01/35
      
   
Greater Cleveland Regional Transit Authority, Ohio, Sales Tax Supported Capital Improvement
      
   
Bonds, Refunding Series 2012:
      
1,010
  
5.250%, 12/01/27
12/21 at 100.00
AAA
1,194,224
1,090
  
5.250%, 12/01/28
12/21 at 100.00
AAA
1,288,816
760
  
5.250%, 12/01/30
12/21 at 100.00
AAA
900,592
600
  
5.000%, 12/01/31
12/21 at 100.00
AAA
700,644
1,000
  
Greater Cleveland Regional Transit Authority, Ohio, Sales Tax Supported Capital Improvement
12/25 at 100.00
AAA
1,180,250
   
Bonds, Refunding Series 2015, 5.000%, 12/01/34
      
7,250
  
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Lien, Series 2006A, 5.000%, 12/01/32 –
12/16 at 100.00
A+
7,516,655
   
AMBAC Insured
      
5,565
  
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Series 2000B, 0.000%, 12/01/28 –
No Opt. Call
AA
3,639,566
   
AGM Insured
      
5,000
  
Hamilton County, Ohio, Sales Tax Revenue Bonds, Refunding Series 2011A, 5.000%, 12/01/31
12/21 at 100.00
A+
5,568,850
20,700
  
JobsOhio Beverage System, Ohio, Statewide Liquor Profits Revenue Bonds, Senior Lien Series
1/23 at 100.00
AA
23,156,466
   
2013A, 5.000%, 1/01/38
      
1,000
  
New Albany Community Authority, Ohio, Community Facilities Revenue Refunding Bonds, Series
10/22 at 100.00
A1
1,147,530
   
2012C, 5.000%, 10/01/24
      
2,000
  
Pinnacle Community Infrastructure Financing Authority, Grove City, Ohio, Community Facilities
No Opt. Call
AA
2,062,480
   
Bonds, Series 2015A, 4.250%, 12/01/36 – AGM Insured
      
   
Riversouth Authority, Ohio, Riversouth Area Redevelopment Bonds, Refunding Series 2012A:
      
1,645
  
5.000%, 12/01/23
12/22 at 100.00
AA+
1,965,084
1,200
  
5.000%, 12/01/24
12/22 at 100.00
AA+
1,422,660
   
Vermilion Local School District, East and Lorain Counties, Ohio, Certificates of
      
   
Participation, Series 2012:
      
765
  
5.000%, 12/01/24
No Opt. Call
Aa3
876,614
805
  
5.000%, 12/01/25
12/20 at 100.00
Aa3
919,592
84,820
  
Total Tax Obligation/Limited
    
92,862,166
   
Transportation – 9.4% (6.7% of Total Investments)
      
   
Cleveland, Ohio, Airport System Revenue Bonds, Series 2012A:
      
2,150
  
5.000%, 1/01/30
1/22 at 100.00
A–
2,357,432
1,500
  
5.000%, 1/01/31 – AGM Insured
1/22 at 100.00
AA
1,663,950
   
Ohio State Treasurer, Tax-Exempt Private Activity Bonds, Portsmouth Gateway Group, LLC –
      
   
Borrower, Portsmouth Bypass Project, Series 2015:
      
2,500
  
5.000%, 12/31/35 – AGM Insured (Alternative Minimum Tax)
6/25 at 100.00
AA
2,775,050
3,000
  
5.000%, 12/31/39 – AGM Insured (Alternative Minimum Tax)
6/25 at 100.00
AA
3,307,080
4,250
  
5.000%, 6/30/53 (Alternative Minimum Tax)
6/25 at 100.00
A–
4,556,425
3,550
  
Ohio Turnpike Commission, Revenue Refunding Bonds, Series 1998A, 5.500%, 2/15/18 –
No Opt. Call
AA
3,912,597
   
FGIC Insured
      
2,050
  
Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Project, Junior Lien Series
2/23 at 100.00
A+
2,335,504
   
2013A-1, 5.250%, 2/15/39
      
   
Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Projects, Junior Lien,
      
   
Capital Appreciation Series 2013A-2:
      
5,000
  
0.000%, 2/15/37
No Opt. Call
A+
2,085,850
11,260
  
0.000%, 2/15/38
No Opt. Call
A+
4,497,920
5,000
  
0.000%, 2/15/40
No Opt. Call
A+
1,817,200
40,260
  
Total Transportation
    
29,309,008
   
U.S. Guaranteed – 15.7% (11.2% of Total Investments) (6)
      
4,705
  
American Municipal Power Ohio Inc., Prairie State Energy Campus Project Revenue Bonds, Series
2/18 at 100.00
N/R (6)
5,154,751
   
2008A, 5.250%, 2/15/43 (Pre-refunded 2/15/18)
      
125
  
Barberton City School District, Summit County, Ohio, General Obligation Bonds, School
6/18 at 100.00
AA (6)
138,334
   
Improvement Series 2008, 5.250%, 12/01/31 (Pre-refunded 6/01/18)
      
   
Central Ohio Solid Waste Authority, General Obligation Bonds, Refunding & Improvements,
      
   
Series 2012:
      
110
  
5.000%, 12/01/26 (Pre-refunded 6/01/22)
6/22 at 100.00
N/R (6)
133,196
245
  
5.000%, 12/01/28 (Pre-refunded 6/01/22)
6/22 at 100.00
N/R (6)
296,663
160
  
5.000%, 12/01/29 (Pre-refunded 6/01/22)
6/22 at 100.00
N/R (6)
193,739
   
Cincinnati City School District, Ohio, Certificates of Participation, School Improvement
      
   
Project, Series 2006:
      
95
  
5.000%, 12/15/32 (Pre-refunded 12/15/16) – AGM Insured
12/16 at 100.00
AA (6)
99,504
30
  
5.000%, 12/15/32 (Pre-refunded 12/15/16) – AGM Insured
12/16 at 100.00
AA (6)
31,422
   
Franklin County, Ohio, General Obligation Bonds, Various Purpose Series 2007:
      
3,355
  
5.000%, 12/01/27 (Pre-refunded 12/01/17)
12/17 at 100.00
AAA
3,640,477
1,840
  
5.000%, 12/01/28 (Pre-refunded 12/01/17)
12/17 at 100.00
AAA
1,996,566
12,750
  
Hamilton City School District, Ohio, General Obligation Bonds, Series 2007, 5.000%, 12/01/34
6/17 at 100.00
AA (6)
13,581,426
   
(Pre-refunded 6/01/17) – AGM Insured
      
3,000
  
Hilliard City School District, Franklin County, Ohio, General Obligation Bonds, Series 2006A,
12/16 at 100.00
Aa1 (6)
3,137,550
   
5.000%, 12/01/25 (Pre-refunded 12/01/16) – NPFG Insured
      
   
Lake County, Ohio, Hospital Facilities Revenue Bonds, Lake Hospital System, Inc., Refunding
      
   
Series 2008C:
      
1,565
  
6.000%, 8/15/29 (Pre-refunded 8/15/18)
8/18 at 100.00
N/R (6)
1,775,806
300
  
6.000%, 8/15/29 (Pre-refunded 8/15/18)
8/18 at 100.00
A3 (6)
330,135
   
Lakewood City School District, Cuyahoga County, Ohio, General Obligation Bonds, Series 2007:
      
1,010
  
5.000%, 12/01/25 (Pre-refunded 12/01/17) – FGIC Insured
12/17 at 100.00
Aa2 (6)
1,095,941
775
  
5.000%, 12/01/30 (Pre-refunded 12/01/17) – FGIC Insured
12/17 at 100.00
Aa2 (6)
840,945
1,195
  
Marysville, Ohio, Wastewater Treatment System Revenue Bonds, Series 2006, 5.250%, 12/01/24
12/16 at 100.00
N/R (6)
1,252,157
   
(Pre-refunded 12/01/16) – SYNCORA GTY Insured
      
1,000
  
Mason City School District, Warren and Butler Counties, Ohio, General Obligation Bonds, School
6/17 at 100.00
Aa1 (6)
1,065,210
   
Improvement Series 2007, 5.000%, 12/01/31 (Pre-refunded 6/01/17)
      
1,500
  
Milford Exempted Village School District, Ohio, General Obligation Bonds, Series 2008, 5.250%,
12/18 at 100.00
Aa3 (6)
1,689,945
   
12/01/36 (Pre-refunded 12/01/18)
      
2,780
  
Ohio Higher Education Facilities Commission, General Revenue Bonds, Kenyon College, Series
7/16 at 100.00
N/R (6)
2,855,199
   
2006, 5.000%, 7/01/41 (Pre-refunded 7/01/16)
      
140
  
Ohio Higher Educational Facilities Commission, General Revenue Bonds, University of Dayton,
12/16 at 100.00
A2 (6)
146,419
   
2006 Project, Series 2006, 5.000%, 12/01/30 (Pre-refunded 12/01/16) – AMBAC Insured
      
3,000
  
Ohio State Higher Educational Facility Commission, Higher Education Facility Revenue Bonds,
11/18 at 100.00
A– (6)
3,412,830
   
Xavier University 2008C, 5.750%, 5/01/28 (Pre-refunded 11/01/18)
      
1,220
  
Ohio Water Development Authority, Revenue Bonds, Drinking Water Assistance Fund, State Match,
6/18 at 100.00
AAA
1,342,610
   
Series 2008, 5.000%, 6/01/28 (Pre-refunded 6/01/18) – AGM Insured
      
500
  
Olentangy Local School District, Delaware and Franklin Counties, Ohio, General Obligation
6/18 at 100.00
AA+ (6)
550,250
   
Bonds, Series 2008, 5.000%, 12/01/36 (Pre-refunded 6/01/18)
      
2,300
  
Richland County, Ohio, Hospital Revenue Bonds, MidCentral Health System Group, Series 2006,
11/16 at 100.00
N/R (6)
2,406,306
   
5.250%, 11/15/36 (Pre-refunded 11/15/16)
      
700
  
Sylvania City School District, Lucas County, Ohio, General Obligation Bonds, School
6/17 at 100.00
AA (6)
748,258
   
Improvement Series 1995, 5.250%, 12/01/36 (Pre-refunded 6/01/17) – AGC Insured
      
   
Vandalia Butler City School District, Montgomery County, Ohio, General Obligation Bonds,
      
   
School Improvement Series 2009:
      
685
  
5.125%, 12/01/37 (Pre-refunded 6/01/19)
6/19 at 100.00
N/R (6)
781,174
315
  
5.125%, 12/01/37 (Pre-refunded 6/01/19)
6/19 at 100.00
Aa3 (6)
359,226
45,400
  
Total U.S. Guaranteed
    
49,056,039
   
Utilities – 4.0% (2.8% of Total Investments)
      
   
American Municipal Power Ohio Inc., Prairie State Energy Campus Project Revenue Bonds,
      
   
Series 2008A:
      
50
  
5.000%, 2/15/38 – AGC Insured
2/18 at 100.00
AA
53,508
295
  
5.250%, 2/15/43
2/18 at 100.00
A1
316,889
1,500
  
American Municipal Power Ohio Inc., Prairie State Energy Campus Project Revenue Bonds, Series
2/24 at 100.00
A1
1,664,895
   
2015A, 5.000%, 2/15/42
      
   
Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B:
      
2,000
  
0.000%, 11/15/28 – NPFG Insured
No Opt. Call
AA–
1,286,960
6,895
  
0.000%, 11/15/32 – NPFG Insured
No Opt. Call
AA–
3,578,574
2,155
  
0.000%, 11/15/34 – NPFG Insured
No Opt. Call
AA–
1,023,733
1,500
  
Ohio Air Quality Development Authority, Air Quality Revenue Refunding Bonds, Columbus Southern
12/19 at 100.00
Baa1
1,654,095
   
Power Company Project, Series 2009B, 5.800%, 12/01/38
      
2,025
  
Ohio Air Quality Development Authority, Ohio, Revenue Bonds, Ohio Valley Electric Corporation
No Opt. Call
BBB–
2,258,543
   
Project, Series 2009E, 5.625%, 10/01/19
      
950
  
Ohio Municipal Electric Generation Agency, Beneficial Interest Certificates, Belleville
No Opt. Call
AA–
614,555
   
Hydroelectric Project – Joint Venture 5, Series 2001, 0.000%, 2/15/29 – NPFG Insured
      
17,370
  
Total Utilities
    
12,451,752
   
Water and Sewer – 9.9% (7.0% of Total Investments)
      
8,150
  
Cincinnati, Ohio, Water System Revenue Bonds, Series 2012A, 5.000%, 12/01/37
12/21 at 100.00
AAA
9,462,800
   
Cleveland, Ohio, Water Revenue Bonds, Second Lien Series 2012A:
      
2,500
  
5.000%, 1/01/25
1/22 at 100.00
Aa2
2,930,850
1,975
  
5.000%, 1/01/26
1/22 at 100.00
Aa2
2,306,741
2,035
  
Cleveland, Ohio, Water Revenue Bonds, Senior Lien Series 2012X, 5.000%, 1/01/42
1/22 at 100.00
Aa1
2,318,496
1,015
  
Cleveland, Ohio, Waterworks First Mortgage Revenue Refunding and Improvement Bonds, Series
No Opt. Call
Aa1
1,124,316
   
1993G, 5.500%, 1/01/21 – NPFG Insured
      
1,275
  
Hamilton County, Ohio, Sewer System Revenue Bonds, Metropolitan Sewer District of Greater
12/24 at 100.00
AA+
1,502,409
   
Cincinnati, Refunding Series 2014A, 5.000%, 12/01/31
      
1,220
  
Hamilton, Ohio, Wastewater System Revenue Bonds, Series 2005, 5.250%, 10/01/22 –
2/16 at 100.00
A1
1,225,026
   
AGM Insured
      
2,025
  
Ironton, Ohio, Sewer System Improvement Revenue Bonds, Series 2011, 5.250%, 12/01/40 –
12/20 at 100.00
A2
2,217,456
   
AGM Insured
      
475
  
Marysville, Ohio, Wastewater Treatment System Revenue Bonds, Series 2006, 5.250%, 12/01/24 –
12/16 at 100.00
A–
496,902
   
SYNCORA GTY Insured
      
225
  
Marysville, Ohio, Wastewater Treatment System Revenue Bonds, Series 2007, 5.000%, 12/01/37 –
12/17 at 100.00
A–
239,949
   
SYNCORA GTY Insured
      
865
  
Marysville, Ohio, Water System Mortgage Revenue Bonds, Series 2007, 5.000%, 12/01/32 –
12/17 at 100.00
A1
923,535
   
AMBAC Insured
      
2,000
  
Northeast Ohio Regional Sewer District, Wastewater Improvement Revenue Bonds, Series 2013,
5/23 at 100.00
AA+
2,266,940
   
5.000%, 11/15/38
      
   
Toledo, Ohio, Sewerage System Revenue Bonds, Refunding Series 2013:
      
820
  
5.000%, 11/15/25
11/23 at 100.00
Aa3
973,127
605
  
5.000%, 11/15/26
11/23 at 100.00
Aa3
710,675
1,075
  
5.000%, 11/15/27
11/23 at 100.00
Aa3
1,253,300
695
  
5.000%, 11/15/28
11/23 at 100.00
Aa3
805,880
26,955
  
Total Water and Sewer
    
30,758,402
$ 424,910
  
Total Long-Term Investments (cost $405,937,327)
    
439,431,710
   
Variable Rate Demand Preferred Shares, at Liquidation Value – (47.4)% (7)
    
(148,000,000)
   
Other Assets Less Liabilities – 6.6%
    
20,682,968
   
Net Assets Applicable to Common Shares – 100%
    
$  312,114,678
 
 
 
 
 
 
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 risk associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of November 30, 2015:
 
         
 
Level 1
Level 2
Level 3
Total
Long-Term Investments:
        
Municipal Bonds
$ —
$439,431,710
$ —
$439,431,710
 
 
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 with in 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.
 
As of November 30, 2015, the cost of investments was $406,060,129.
 
Gross unrealized appreciation and gross unrealized depreciation of investments as of November 30, 2015, were as follows:
   
Gross unrealized:
  
Appreciation
$ 35,737,506
Depreciation
(2,365,925)
Net unrealized appreciation (depreciation) of investments
$ 33,371,581
 
     
(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)
  
Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service,
   
Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. 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)
  
As of, or subsequent to, the end of the reporting period this security is non-income producing. Non-income
   
producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on
   
the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the
   
Fund’s Adviser has concluded that the issue is not likely to meet its future interest payment obligations
   
and has ceased accruing additional income on the Fund’s records.
(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. Certain bonds backed by U.S. Government
   
or agency securities are regarded as having an implied rating equal to the rating of such securities.
(7)
  
Variable Rate Demand Preferred Shares, at Liquidation Value as a percentage of Total Investments
   
is 33.7%.
(IF)
  
Inverse floating rate investment.
 
 
 
 
 
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 Ohio Quality Income Municipal Fund 
 
By (Signature and Title) /s/ Kevin J. McCarthy                    
       Kevin J. McCarthy
     Vice President and Secretary
                                         
Date:         January 29, 2016        
 
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/ Gifford R. Zimmerman            
       Gifford R. Zimmerman
     Chief Administrative Officer (principal executive officer)
                        
Date:         January 29, 2016        
 
By (Signature and Title) /s/ Stephen D. Foy                         
 
     Stephen D. Foy
     Vice President and Controller (principal financial officer)
                                                                                         
Date:         January 29, 2016