Unassociated Document



 
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 811-6384
 
Nuveen Texas 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:            2/28          
 
Date of reporting period:         11/30/12         
 
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 (Unaudited)
     
 
   
   Nuveen Texas Quality Income Municipal Fund (NTX)
     
   
November 30, 2012
     
 
 
 
 
Principal
   
Optional Call
   
Amount (000)
 
Description (1)
Provisions (2)
Ratings (3)
Value
   
Consumer Discretionary – 1.0% (0.7% of Total Investments)
     
$ 1,450
 
Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, First Tier
1/17 at 100.00
BB+
$   1,615,880
   
Series 2006A, 5.250%, 1/01/18 – SYNCORA GTY Insured
     
   
Consumer Staples – 1.4% (1.0% of Total Investments)
     
2,175
 
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
5/13 at 100.00
BBB+
2,177,458
   
Series 2002, 5.375%, 5/15/33
     
   
Education and Civic Organizations – 11.1% (7.8% of Total Investments)
     
2,000
 
Board of Regents, University of Texas System, Financing System Revenue Bonds, Refunding Series
No Opt. Call
AAA
2,624,480
   
2012B, 5.000%, 8/15/22
     
1,000
 
Hale Center Education Facilities Corporation, Texas, Revenue Bonds, Wayland Baptist University
3/21 at 100.00
A–
1,112,340
   
Project, Improvement and Refunding Series 2010, 5.000%, 3/01/35
     
2,000
 
Laredo Community College District, Webb County, Texas, Combined Fee Revenue Bonds, Series
8/20 at 100.00
AA–
2,317,300
   
2010, 5.250%, 8/01/35 – AGM Insured
     
200
 
Newark Cultural Education Facilities Finance Corporation, Texas, Lease Revenue Bonds, A.W.
2/15 at 103.00
BBB–
210,804
   
Brown-Fellowship Leadership Academy, Series 2012A, 6.000%, 8/15/42
     
   
Red River Education Finance Corporation, Texas, Revenue Bonds, Hockaday School, Series 2005:
     
1,170
 
5.000%, 5/15/27
5/15 at 100.00
AA
1,281,407
1,230
 
5.000%, 5/15/28
5/15 at 100.00
AA
1,343,357
1,290
 
5.000%, 5/15/29
5/15 at 100.00
AA
1,400,360
   
Texas Public Finance Authority, Revenue Bonds, Texas Southern University Financing System,
     
   
Series 2003:
     
1,710
 
5.000%, 5/01/18 – FGIC Insured
5/13 at 100.00
Baa1
1,724,227
1,795
 
5.000%, 5/01/19 – FGIC Insured
5/13 at 100.00
Baa1
1,809,611
1,885
 
5.000%, 5/01/20 – FGIC Insured
5/13 at 100.00
Baa1
1,899,251
1,665
 
Texas State University System, Financing Revenue Bonds, Series 2004, 5.000%, 3/15/24 –
9/14 at 100.00
Aa2
1,798,333
   
AGM Insured
     
15,945
 
Total Education and Civic Organizations
   
17,521,470
   
Health Care – 13.1% (9.2% of Total Investments)
     
1,000
 
Harris County Cultural Education Facilities Finance Corporation, Texas, Medical Facilities
11/22 at 100.00
A–
1,182,400
   
Revenue Refunding Bonds, Baylor College of Medicine, Series 2012A, 5.000%, 11/15/26
     
1,350
 
Harrison County Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Good
7/20 at 100.00
BBB+
1,513,337
   
Shepherd Health System, Refunding Series 2010, 5.250%, 7/01/28
     
2,000
 
North Central Texas Health Facilities Development Corporation, Texas, Revenue Bonds,
8/19 at 100.00
AA
2,336,480
   
Children’s Medical Center Dallas Project, Series 2009, 5.750%, 8/15/39
     
885
 
North Central Texas Health Facilities Development Corporation, Texas, Revenue Bonds,
8/22 at 100.00
AA
1,040,008
   
Children’s Medical Center Dallas Project, Series 2012, 5.000%, 8/15/32
     
   
Richardson Hospital Authority, Texas, Revenue Bonds, Richardson Regional Medical Center,
     
   
Series 2004:
     
2,000
 
5.875%, 12/01/24
12/13 at 100.00
A+
2,062,460
1,000
 
6.000%, 12/01/34
12/13 at 100.00
A+
1,029,970
1,250
 
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue
8/20 at 100.00
AA–
1,406,038
   
Bonds, Scott & White HealthCare Project, Series 2010, 5.250%, 8/15/40
     
2,500
 
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Texas
11/17 at 100.00
AA–
2,819,075
   
Health Resources, Series 2007B, 5.000%, 11/15/42
     
2,000
 
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Refunding
1/19 at 100.00
AA–
2,421,980
   
Bonds, Christus Health, Series 2008, 6.500%, 7/01/37 – AGC Insured
     
1,720
 
Tyler Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, East Texas
11/17 at 100.00
Baa2
1,856,878
   
Medical Center Regional Healthcare System, Series 2007A, 5.375%, 11/01/37
     
700
 
Tyler Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Mother Frances
7/17 at 100.00
Baa1
734,874
   
Hospital Regional Healthcare Center, Series 2007B, 5.000%, 7/01/37
     
2,250
 
Tyler Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Mother Frances
7/17 at 100.00
Baa1
2,368,868
   
Hospital Regional Healthcare Center, Series 2007, 5.000%, 7/01/33
     
18,655
 
Total Health Care
   
20,772,368
   
Housing/Single Family – 1.4% (1.0% of Total Investments)
     
2,220
 
Texas Department of Housing and Community Affairs, Single Family Mortgage Bonds, Series 2002B,
3/13 at 100.00
AA+
2,223,286
   
5.550%, 9/01/33 – NPFG Insured (Alternative Minimum Tax)
     
   
Long-Term Care – 1.0% (0.7% of Total Investments)
     
   
Bexar County, Texas, Health Facilities Development Corporation Revenue Bonds, Army Retirement
     
   
Residence, Series 2007:
     
955
 
5.000%, 7/01/27
7/17 at 100.00
BBB
996,447
600
 
5.000%, 7/01/37
7/17 at 100.00
BBB
616,914
1,555
 
Total Long-Term Care
   
1,613,361
   
Materials – 1.9% (1.3% of Total Investments)
     
3,000
 
Cass County Industrial Development Corporation, Texas, Environmental Improvement Revenue
3/13 at 100.00
BBB
3,012,030
   
Bonds, International Paper Company, Series 2000A, 6.600%, 3/15/24 (Alternative Minimum Tax)
     
   
Tax Obligation/General – 33.0% (23.1% of Total Investments)
     
650
 
Bexar County, Texas, General Obligation Bonds, Series 2004, 5.000%, 6/15/19
6/14 at 100.00
Aaa
693,960
2,000
 
Borger Independent School District, Hutchison County, Texas, General Obligation Bonds, Series
2/16 at 100.00
AAA
2,230,480
   
2006, 5.000%, 2/15/36
     
400
 
Calallen Independent School District, Nueces County, Texas, General Obligation Bonds, School
2/18 at 100.00
AAA
461,956
   
Building Series 2008, 5.000%, 2/15/38
     
1,620
 
Cameron County, Texas, General Obligation Bonds, State Highway 550 Project, Series 2012,
2/22 at 100.00
AA–
1,908,182
   
5.000%, 2/15/32 – AGM Insured
     
1,190
 
Canutillo Independent School District, El Paso County, Texas, General Obligation Bonds, Series
8/15 at 100.00
AAA
1,325,803
   
2006A, 5.000%, 8/15/22
     
1,500
 
College Station, Texas, Certificates of Obligation, Series 2012, 5.000%, 2/15/32
2/21 at 100.00
AA
1,789,560
2,305
 
Corpus Christi, Texas, Combination Tax and Municipal Hotel Occupancy Tax Revenue Certificates
3/13 at 100.00
Aa2
2,315,165
   
of Obligation, Series 2002, 5.500%, 9/01/21 – AGM Insured
     
1,750
 
El Paso County, Texas, Certificates of Obligation, Series 2001, 5.000%, 2/15/21 – AGM Insured
No Opt. Call
AA
2,228,940
   
Fort Bend County Municipal Utility District 25, Texas, General Obligation Bonds, Series 2005:
     
960
 
5.000%, 10/01/26 – FGIC Insured
4/13 at 100.00
A–
961,814
950
 
5.000%, 10/01/27 – FGIC Insured
4/13 at 100.00
A–
951,720
3,615
 
Frisco, Texas, General Obligation Bonds, Series 2006, 5.000%, 2/15/26 – FGIC Insured
2/16 at 100.00
Aa1
4,025,447
8,500
 
Grand Prairie Independent School District, Dallas County, Texas, General Obligation Bonds,
8/18 at 22.64
AA
1,601,740
   
Capital Appreciation Refunding Series 2009, 0.000%, 8/15/39
     
3,255
 
Hutto Independent School District, Williamson County, Texas, General Obligation Bonds,
8/21 at 100.00
A
511,295
   
Refunding Series 2012A, 0.000%, 8/01/45
     
4,900
 
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation
8/14 at 17.78
AAA
847,161
   
Bonds, Series 2006, 0.000%, 8/15/45
     
1,000
 
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation
8/17 at 33.01
AAA
298,780
   
Bonds, Series 2008, 0.000%, 8/15/36
     
365
 
Lone Star College System, Harris and Montgomery Counties, Texas, General Obligation Bonds,
8/19 at 100.00
AAA
443,760
   
Series 2009, 5.000%, 8/15/34
     
1,750
 
Martin County Hospital District, Texas, Combination Limited Tax and Revenue Bonds, Series
4/21 at 100.00
BBB
2,005,308
   
2011A, 7.250%, 4/01/36
     
1,010
 
Mercedes Independent School District, Hidalgo County, Texas, General Obligation Bonds, Series
8/15 at 100.00
AAA
1,125,261
   
2005, 5.000%, 8/15/23
     
5,515
 
Midlothian Independent School District, Ellis County, Texas, General Obligation Bonds, Series
2/15 at 100.00
Aaa
5,972,136
   
2005, 5.000%, 2/15/34
     
1,500
 
Montgomery County, Texas, General Obligation Bonds, Refunding Series 2008B, 5.250%, 3/01/32
3/19 at 100.00
Aa1
1,804,200
2,000
 
Plano Independent School District, Collin County, Texas, General Obligation Bonds, Series
2/18 at 100.00
Aaa
2,392,660
   
2008A, 5.250%, 2/15/34
     
1,425
 
Port of Houston Authority, Harris County, Texas, General Obligation Bonds, Series 2010E,
No Opt. Call
AAA
647,392
   
0.000%, 10/01/35
     
   
Roma Independent School District, Texas, General Obligation Bonds, Series 2005:
     
1,110
 
5.000%, 8/15/22
8/15 at 100.00
AAA
1,236,673
1,165
 
5.000%, 8/15/23 – AGM Insured
8/15 at 100.00
AAA
1,297,950
1,250
 
Southside Independent School District, Bexar County, Texas, General Obligation Bonds, Series
8/14 at 100.00
Aaa
1,343,375
   
2004A, 5.000%, 8/15/22
     
5,000
 
Texas State, General Obligation Bonds, Transportation Commission Mobility Fund, Series 2006A,
4/17 at 100.00
Aaa
5,746,200
   
5.000%, 4/01/33 (UB)
     
1,000
 
Texas State, General Obligation Bonds, Transportation Commission Mobility Fund, Series 2008,
4/18 at 100.00
Aaa
1,178,540
   
5.000%, 4/01/30 (UB)
     
650
 
Texas State, General Obligation Bonds, Water Utility, Series 2001, 5.250%, 8/01/23
2/13 at 100.00
Aaa
652,646
3,025
 
Victoria Independent School District, Victoria County, Texas, General Obligation Bonds, Series
2/17 at 100.00
AAA
3,488,430
   
2007, 5.000%, 2/15/32
     
   
West Texas Independent School District, McLennan and Hill Counties, General Obligation
     
   
Refunding Bonds, Series 1998:
     
45
 
0.000%, 8/15/22
8/13 at 61.20
AAA
27,385
45
 
0.000%, 8/15/24
8/13 at 54.88
AAA
24,541
   
White Settlement Independent School District, Tarrant County, Texas, General Obligation Bonds,
     
   
Series 2006:
     
1,500
 
0.000%, 8/15/43
8/15 at 23.11
AAA
327,255
1,500
 
0.000%, 8/15/44
8/15 at 21.88
AAA
308,745
425
 
0.000%, 8/15/45
8/15 at 20.76
AAA
82,692
64,875
 
Total Tax Obligation/General
   
52,257,152
   
Tax Obligation/Limited – 16.9% (11.9% of Total Investments)
     
1,000
 
Bexar County, Texas, Venue Project Revenue Bonds, Refunding Series 2010, 5.250%, 8/15/38 –
8/19 at 100.00
AA–
1,136,080
   
AGM Insured
     
7,940
 
Dallas Area Rapid Transit, Texas, Sales Tax Revenue Bonds, Senior Lien Refunding Series 2007,
12/16 at 100.00
AA+
9,047,946
   
5.000%, 12/01/36 – AMBAC Insured
     
1,390
 
Harris County Metropolitan Transit Authority, Texas, Sales and Use Tax Revenue Bonds, Series
11/21 at 100.00
AA
1,643,703
   
2011A, 5.000%, 11/01/41
     
   
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Junior Lien Series 2001H:
     
50
 
0.000%, 11/15/33
11/31 at 88.44
BBB
15,462
1,720
 
0.000%, 11/15/34 – NPFG Insured
11/31 at 83.17
BBB
499,264
930
 
0.000%, 11/15/36 – NPFG Insured
11/31 at 73.51
BBB
234,258
3,515
 
0.000%, 11/15/38 – NPFG Insured
11/31 at 64.91
BBB
781,771
2,150
 
0.000%, 11/15/39 – NPFG Insured
11/31 at 60.98
BBB
449,221
   
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Senior Lien Series 2001G:
     
2,250
 
5.250%, 11/15/22 – NPFG Insured
5/13 at 100.00
BBB
2,253,353
3,275
 
0.000%, 11/15/41 – NPFG Insured
11/31 at 53.78
BBB
630,798
1,000
 
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004A-3,
11/24 at 59.10
BBB
304,600
   
0.000%, 11/15/33 – NPFG Insured
     
2,000
 
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment
9/13 at 100.00
A2
2,050,960
   
Project, Refunding Series 2012, 5.000%, 9/01/33
     
1,470
 
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment
No Opt. Call
A2
590,043
   
Project, Series 2001B, 0.000%, 9/01/32 – AMBAC Insured
     
3,000
 
North Texas Tollway Authority, Special Projects System Revenue Bonds, Current Interest Series
9/21 at 100.00
AA
3,603,180
   
2011D, 5.000%, 9/01/31
     
2,000
 
North Texas Tollway Authority, Special Projects System Revenue Bonds, Series 2011A,
9/21 at 100.00
AA
2,443,460
   
5.500%, 9/01/41
     
1,000
 
Uptown Development Authority, Houston, Texas, Tax Increment Revenue Bonds, Infrastructure
9/19 at 100.00
BBB
1,126,990
   
Improvement Facilities, Series 2009, 5.500%, 9/01/29
     
34,690
 
Total Tax Obligation/Limited
   
26,811,089
   
Transportation – 15.1% (10.6% of Total Investments)
     
1,000
 
Austin, Texas, Airport System Prior Lien Revenue Bonds, Series 2003, 5.250%, 11/15/16 –
11/13 at 100.00
A
1,046,750
   
NPFG Insured
     
1,000
 
Central Texas Regional Mobility Authority, Senior Lien Revenue Bonds, Series 2010,
No Opt. Call
BBB–
242,340
   
0.000%, 1/01/40
     
   
Central Texas Regional Mobility Authority, Senior Lien Revenue Bonds, Series 2010:
     
2,945
 
0.000%, 1/01/36
No Opt. Call
BBB–
899,904
2,205
 
0.000%, 1/01/37
No Opt. Call
BBB–
634,070
2,160
 
0.000%, 1/01/38
No Opt. Call
BBB–
585,490
3,260
 
Central Texas Regional Mobility Authority, Travis and Williamson Counties, Toll Road Revenue
1/15 at 100.00
BBB
3,373,415
   
Bonds, Series 2005, 5.000%, 1/01/22 – FGIC Insured
     
1,000
 
Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding Series 2010A,
11/20 at 100.00
A+
1,143,440
   
5.000%, 11/01/42
     
1,165
 
Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding Series 2012B,
11/20 at 100.00
A+
1,348,126
   
5.000%, 11/01/35
     
2,000
 
Houston, Texas, Subordinate Lien Airport System Revenue Refunding Bonds, Series 2012A, 5.000%,
7/22 at 100.00
A+
2,330,140
   
7/01/31 (Alternative Minimum Tax)
     
3,000
 
Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds,
11/20 at 100.00
BBB–
3,271,440
   
Southwest Airlines Company, Series 2010, 5.250%, 11/01/40
     
395
 
North Texas Tollway Authority, First Tier System Revenue Refunding Bonds, Series 2008A,
1/18 at 100.00
A2
463,051
   
5.750%, 1/01/40
     
   
North Texas Tollway Authority, First Tier System Revenue Refunding Bonds, Series 2008B:
     
325
 
5.750%, 1/01/40
1/18 at 100.00
A2
380,991
225
 
5.750%, 1/01/40 – NPFG Insured
1/18 at 100.00
A2
263,763
2,500
 
North Texas Tollway Authority, First Tier System Revenue Refunding Bonds, Series 2008D,
No Opt. Call
AA–
933,075
   
0.000%, 1/01/36 – AGC Insured
     
950
 
North Texas Tollway Authority, Second Tier System Revenue Refunding Bonds, Series 2008F,
1/18 at 100.00
A3
1,072,123
   
5.750%, 1/01/38
     
   
North Texas Tollway Authority, System Revenue Bonds, First Tier Series 2009A:
     
100
 
6.100%, 1/01/28
1/19 at 100.00
A2
119,737
2,000
 
6.250%, 1/01/39
1/19 at 100.00
A2
2,348,740
2,500
 
San Antonio, Texas, Airport System Revenue Bonds, Refunding Series 2012, 5.000%, 7/01/27
7/22 at 100.00
A+
2,946,875
   
(Alternative Minimum Tax)
     
1,250
 
Texas Turnpike Authority, Central Texas Turnpike System Revenue Bonds, First Tier Series
8/14 at 40.96
A–
472,325
   
2002A, 0.000%, 8/15/29 – AMBAC Insured
     
29,980
 
Total Transportation
   
23,875,795
   
U.S. Guaranteed – 17.7% (12.4% of Total Investments) (4)
     
610
 
Bexar County, Texas, General Obligation Bonds, Series 2004, 5.000%, 6/15/19 (Pre-
6/14 at 100.00
Aaa
654,024
   
refunded 6/15/14)
     
   
Brazoria County Health Facilities Development Corporation, Texas, Revenue Bonds, Brazosport
     
   
Memorial Hospital, Series 2004:
     
1,745
 
5.250%, 7/01/20 (Pre-refunded 7/01/14) – RAAI Insured
7/14 at 100.00
BBB– (4)
1,879,103
1,835
 
5.250%, 7/01/21 (Pre-refunded 7/01/14) – RAAI Insured
7/14 at 100.00
BBB– (4)
1,976,020
295
 
Coppell Independent School District, Dallas County, Texas, Unlimited Tax School Building and
No Opt. Call
Aa3 (4)
292,743
   
Refunding Bonds, Series 1992, 0.000%, 8/15/14 – NPFG Insured (ETM)
     
   
Houston Community College System, Texas, Limited Tax General Obligation Bonds, Series 2003:
     
2,500
 
5.000%, 2/15/20 (Pre-refunded 2/15/13) – AMBAC Insured
2/13 at 100.00
AA+ (4)
2,525,000
2,235
 
5.000%, 2/15/21 (Pre-refunded 2/15/13) – AMBAC Insured
2/13 at 100.00
AA+ (4)
2,257,350
5,000
 
Houston, Texas, General Obligation Bonds, Series 2005E, 5.000%, 3/01/23 (Pre-
3/15 at 100.00
AA (4)
5,507,898
   
refunded 3/01/15) – AMBAC Insured
     
   
Irving, Texas, Waterworks and Sewerage Revenue Bonds, Subordinate Lien Series 2004:
     
1,580
 
5.000%, 8/15/22 (Pre-refunded 8/15/14) – AMBAC Insured
8/14 at 100.00
Aa1 (4)
1,706,100
1,655
 
5.000%, 8/15/23 (Pre-refunded 8/15/14) – AMBAC Insured
8/14 at 100.00
Aa1 (4)
1,787,086
40
 
Lower Colorado River Authority, Texas, Revenue Bonds, Series 2008, 5.750%, 5/15/37
5/15 at 100.00
A1 (4)
45,156
   
(Pre-refunded 5/15/15)
     
1,000
 
Mansfield Independent School District, Tarrant County, Texas, General Obligation Bonds, Series
2/14 at 100.00
AAA
1,053,550
   
2004, 5.000%, 2/15/20 (Pre-refunded 2/15/14)
     
1,000
 
North Central Texas Health Facilities Development Corporation, Hospital Revenue Bonds,
No Opt. Call
Aaa
1,307,120
   
Presbyterian Healthcare System, Series 1996B, 5.750%, 6/01/26 – NPFG Insured (ETM)
     
2,500
 
Retama Development Corporation, Texas, Special Facilities Revenue Bonds, Retama Park
12/17 at 100.00
Aaa
3,469,200
   
Racetrack, Series 1993, 8.750%, 12/15/18 (Pre-refunded 12/15/17)
     
1,260
 
Rowlett, Rockwall and Dallas Counties, Texas, Waterworks and Sewerage System Revenue Bonds,
3/14 at 100.00
AA– (4)
1,333,534
   
Series 2004A, 5.000%, 3/01/22 (Pre-refunded 3/01/14) – NPFG Insured
     
1,140
 
Sunnyvale School District, Texas, General Obligation Bonds, Series 2004, 5.250%, 2/15/25
2/14 at 100.00
AAA
1,208,047
   
(Pre-refunded 2/15/14)
     
   
West Texas Independent School District, McLennan and Hill Counties, General Obligation
     
   
Refunding Bonds, Series 1998:
     
955
 
0.000%, 8/15/22 (Pre-refunded 8/15/13)
8/13 at 61.20
A1 (4)
583,056
955
 
0.000%, 8/15/24 (Pre-refunded 8/15/13)
8/13 at 54.88
A1 (4)
522,786
26,305
 
Total U.S. Guaranteed
   
28,107,773
   
Utilities – 15.9% (11.1% of Total Investments)
     
2,560
 
Brazos River Authority, Texas, Pollution Control Revenue Refunding Bonds, TXU Electric
4/13 at 101.00
Ca
346,010
   
Company, Series 1999C, 7.700%, 3/01/32 (Alternative Minimum Tax)
     
5,000
 
Brownsville, Texas, Utility System Priority Revenue Bonds, Series 2005A, 5.000%, 9/01/27 –
9/15 at 100.00
A+
5,515,048
   
AMBAC Insured
     
2,000
 
Bryan, Brazos County, Texas, Electric System Revenue Bonds, Series 2009, 5.000%, 7/01/34
7/17 at 100.00
A+
2,273,860
3,000
 
Lower Colorado River Authority, Texas, Refunding Revenue Bonds, Series 2010A, 5.000%, 5/15/40
5/20 at 100.00
A1
3,449,070
1,960
 
Lower Colorado River Authority, Texas, Revenue Bonds, Series 2008, 5.750%, 5/15/37
5/15 at 100.00
A1
2,148,572
1,500
 
Matagorda County Navigation District Number One, Texas, Pollution Control Revenue Refunding
7/19 at 102.00
BBB
1,788,555
   
Bonds, Central Power and Light Company Project, Series 2009A, 6.300%, 11/01/29
     
1,000
 
Sam Rayburn Municipal Power Agency, Texas, Power Supply System Revenue Refunding Bonds, Series
No Opt. Call
BBB+
1,214,300
   
2012, 5.000%, 10/01/20
     
   
Texas Municipal Gas Acquisition and Supply Corporation I, Gas Supply Revenue Bonds, Senior
     
   
Lien Series 2008D:
     
1,180
 
5.625%, 12/15/17
No Opt. Call
A–
1,326,556
3,000
 
6.250%, 12/15/26
No Opt. Call
A–
3,981,000
1,000
 
Texas Municipal Gas Acquisition and Supply Corporation I, Gas Supply Revenue Bonds, Series
No Opt. Call
A–
1,190,590
   
2006A, 5.250%, 12/15/20
     
   
Texas Municipal Power Agency, Revenue Bonds, Transmission Refunding Series 2010:
     
640
 
5.000%, 9/01/34
9/20 at 100.00
A+
737,728
1,000
 
5.000%, 9/01/40
9/20 at 100.00
A+
1,145,200
23,840
 
Total Utilities
   
25,116,489
   
Water and Sewer – 13.1% (9.2% of Total Investments)
     
2,500
 
Bexar Metropolitan Water District, Texas, Waterworks System Revenue Bonds, Refunding Series
5/20 at 100.00
A1
2,943,000
   
2010, 5.875%, 5/01/40
     
2,500
 
Canadian River Municipal Water Authority, Texas, Contract Revenue Bonds, Conjunctive Use
2/21 at 100.00
AA
2,949,950
   
Groundwater Supply Project, Subordinate Lien Series 2011, 5.000%, 2/15/31
     
   
Coastal Water Authority, Texas, Contract Revenue Bonds, Houston Water Projects, Series 2004:
     
1,005
 
5.000%, 12/15/20 – FGIC Insured
12/14 at 100.00
AA
1,064,225
1,030
 
5.000%, 12/15/21 – FGIC Insured
12/14 at 100.00
AA
1,087,299
1,000
 
El Paso, Texas, Water and Sewer Revenue Bonds, Refunding Series 2008C, 5.375%, 3/01/29
3/18 at 100.00
AA+
1,208,220
2,000
 
Houston, Texas, First Lien Combined Utility System Revenue Bonds, Refunding Series 2012D,
11/22 at 100.00
AA
2,381,020
   
5.000%, 11/15/42
     
3,000
 
Houston, Texas, First Lien Combined Utility System Revenue Bonds, Series 2004A, 5.250%,
5/14 at 100.00
AA
3,200,820
   
5/15/23 – FGIC Insured
     
   
Irving, Texas, Waterworks and Sewerage Revenue Bonds, Subordinate Lien Series 2004:
     
100
 
5.000%, 8/15/22 – AMBAC Insured
8/14 at 100.00
Aa1
107,470
105
 
5.000%, 8/15/23 – AMBAC Insured
8/14 at 100.00
Aa1
112,844
4,000
 
Laredo, Webb County, Texas, Waterworks and Sewer System Revenue Bonds, Series 2010,
3/20 at 100.00
AA–
4,855,118
   
5.250%, 3/01/40
     
710
 
North Fort Bend Water Authority, Texas, Water System Revenue Bonds, Series 2011, 5.000%,
12/21 at 100.00
AA–
811,140
   
12/15/36 – AGM Insured
     
17,950
 
Total Water and Sewer
   
20,721,106
$ 242,640
 
Total Investments (cost $204,209,377) – 142.6%
   
225,825,257
   
Floating Rate Obligations – (2.5)%
   
(3,960,000)
   
MuniFund Term Preferred Shares, at Liquidation Value – (44.8)% (5)
   
(70,920,000)
   
Other Assets Less Liabilities – 4.7%
   
7,409,378
   
Net Assets Applicable to Common Shares – 100%
   
$ 158,354,635
 
 

 
 
 

 
 
Fair Value Measurements
 
Fair value is defined as the price that the Fund would receive 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
$ —
$225,825,257
$ —
$225,825,257
* Refer to the Fund’s Portfolio of Investments for industry classifications.
 
The Nuveen funds’ Board of Directors/Trustees is responsible for the valuation process and has delegated the oversight of the daily valuation process to the Adviser’s Valuation Committee. The Valuation Committee, pursuant to the valuation policies and procedures adopted by the Board of Directors/Trustees, is responsible for making fair value determinations, evaluating the effectiveness of the funds’ pricing policies, and reporting to the Board of Directors/Trustees. The Valuation Committee is aided in its efforts by the Adviser’s dedicated Securities Valuation Team, which is responsible for administering the daily valuation process and applying fair value methodologies as approved by the Valuation Committee. When determining the reliability of independent pricing services for investments owned by the funds, the Valuation Committee, among other things, conducts due diligence reviews of the pricing services and monitors the quality of security prices received through various testing reports conducted by the Securities Valuation Team.
 
The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer’s financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts’ research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.
 
For each portfolio security that has been fair valued pursuant to the policies adopted by the Board of Directors/Trustees, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such testing and fair valuation occurrences are reported to the Board of Directors/Trustees.
 
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.
 
At November 30, 2012, the cost of investments was $201,075,489.
 
Gross unrealized appreciation and gross unrealized depreciation of investments at November 30, 2012, were as follows:
 
   
Gross unrealized:
 
Appreciation
$23,975,810
Depreciation
(3,186,047)
Net unrealized appreciation (depreciation) of investments
$20,789,763
 
 
     
(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)
 
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.
(5)
 
MuniFund Term Preferred Shares, at Liquidation Value as a percentage of Total Investments is 31.4%.
(ETM)
 
Escrowed to maturity.
(UB)
 
Underlying bond of an inverse floating rate trust reflected as a financing transaction.
 
 
 
 

 
 
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 Texas Quality Income Municipal Fund 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date:         January 29, 2013        
 
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, 2013        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:         January 29, 2013