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 811-06384
 
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:            2/29          
 
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 Texas Quality Income Municipal Fund (NTX)
      
   
November 30, 2015 (Unaudited)
      
 
 
Principal
    
Optional Call
    
Amount (000)
  
Description (1)
Provisions (2)
Ratings (3)
Value
   
LONG-TERM INVESTMENTS – 144.4% (100.0% of Total Investments)
      
           
   
MUNICIPAL BONDS – 144.4% (100.0% of Total Investments)
      
           
   
Consumer Discretionary – 3.7% (2.6% of Total Investments)
      
   
Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, First Tier
      
   
Series 2006A:
      
$     1,450
  
5.250%, 1/01/18 – SYNCORA GTY Insured
1/17 at 100.00
BBB–
$    1,500,518
1,000
  
5.250%, 1/01/24 – SYNCORA GTY Insured
1/17 at 100.00
BBB–
1,030,070
1,000
  
5.000%, 1/01/34 – SYNCORA GTY Insured
1/17 at 100.00
BBB–
1,010,120
2,200
  
San Antonio Convention Center Hotel Finance Corporation, Texas, Contract Revenue Empowerment
2/16 at 100.00
BBB
2,207,832
   
Zone Bonds, Series 2005A, 5.000%, 7/15/39 – AMBAC Insured (Alternative Minimum Tax)
      
5,650
  
Total Consumer Discretionary
    
5,748,540
   
Education and Civic Organizations – 12.6% (8.7% of Total Investments)
      
2,500
  
Board of Regents of the University of Texas, Permanent University Fund Bonds, Refunding Series
7/24 at 100.00
AAA
3,019,925
   
2015A, 5.000%, 7/01/28
      
2,000
  
Board of Regents, University of Texas System, Financing System Revenue Bonds, Refunding Series
No Opt. Call
AAA
2,429,540
   
2012B, 5.000%, 8/15/22
      
   
Clifton Higher Education Finance Corporation, Texas, Education Revenue Bonds, Uplift Education
      
   
Charter School, Series 2013A:
      
2,000
  
4.350%, 12/01/42
12/22 at 100.00
BBB–
1,905,300
1,000
  
4.400%, 12/01/47
12/22 at 100.00
BBB–
941,150
1,000
  
Danbury Higher Education Authority, Texas, Charter School Revenue Bonds, John H. Wood Jr.
8/23 at 100.00
BBB–
1,102,190
   
Public Charter District, Inspire Academies, Series 2013A, 6.000%, 8/15/28
      
1,000
  
Hale Center Education Facilities Corporation, Texas, Revenue Bonds, Wayland Baptist University
3/21 at 100.00
A–
1,072,840
   
Project, Improvement and Refunding Series 2010, 5.000%, 3/01/35
      
1,000
  
Harris County Cultural Education Facilities Finance Corporation, Texas, Medical Facilities Revenue
11/22 at 100.00
A–
1,138,810
   
Refunding Bonds, Baylor College of Medicine, Series 2012A, 5.000%, 11/15/26
      
3,000
  
Harris County Cultural Education Facilities Finance Corporation, Texas, Revenue Refunding Bonds,
6/23 at 100.00
Baa3
3,202,830
   
Young Men’s Christian Association of the Greater Houston Area, Series 2013A, 5.000%,
      
   
5.000%, 6/01/38
      
2,000
  
Laredo Community College District, Webb County, Texas, Combined Fee Revenue Bonds, Series
8/20 at 100.00
AA
2,267,240
   
2010, 5.250%, 8/01/35 – AGM Insured
      
2,000
  
Lone Star College System, Harris, Montgomery and San Jacinto Counties, Texas, Revenue
2/21 at 100.00
AA
2,280,420
   
Financing System Bonds, Series 2013, 5.000%, 2/15/36
      
200
  
Newark Cultural Education Facilities Finance Corporation, Texas, Lease Revenue Bonds, A.W.
2/16 at 102.00
BBB–
206,468
   
Brown-Fellowship Leadership Academy, Series 2012A, 6.000%, 8/15/42
      
17,700
  
Total Education and Civic Organizations
    
19,566,713
   
Energy – 1.4% (0.9% of Total Investments)
      
2,000
  
Gulf Coast Industrial Development Authority, Texas, Solid Waste Disposal Revenue Bonds, Citgo
10/22 at 100.00
BB
2,093,560
   
Petroleum Corporation Project, Series 1995, 4.875%, 5/01/25 (Alternative Minimum Tax)
      
   
Health Care – 11.5% (8.0% of Total Investments)
      
1,000
  
Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds,
12/22 at 100.00
A+
1,101,910
   
Memorial Hermann Healthcare System, Refunding Series 2013A, 5.000%, 12/01/35
      
1,000
  
Harris County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Houston
6/25 at 100.00
AA
1,127,270
   
Methodist Hospital System, Series 2015, 5.000%, 12/01/45
      
1,350
  
Harrison County Health Facilities Development Corporation, Texas, Hospital Revenue Bonds,
7/20 at 100.00
BB–
1,330,398
   
Good 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
Aa2
2,243,080
   
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
Aa2
1,010,263
   
Children’s Medical Center Dallas Project, Series 2012, 5.000%, 8/15/32
      
515
  
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue
9/23 at 100.00
A
566,773
   
Bonds, Hendrick Medical Center, Refunding Series 2013, 5.125%, 9/01/33
      
1,155
  
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue
8/20 at 100.00
AA–
1,288,137
   
Bonds, Scott & White Healthcare Project, Series 2010, 5.250%, 8/15/40
      
1,590
  
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds,
1/19 at 100.00
AA
1,793,886
   
Christus Health, Refunding Series 2008A, 6.500%, 7/01/37 – AGC Insured
      
2,510
  
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Texas
11/17 at 100.00
AA
2,652,894
   
Health Resources, Series 2007B, 5.000%, 11/15/42
      
1,720
  
Tyler Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, East Texas
11/17 at 100.00
Baa3
1,747,073
   
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
718,165
   
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
2,312,978
   
Hospital Regional Healthcare Center, Series 2007, 5.000%, 7/01/33
      
16,675
  
Total Health Care
    
17,892,827
   
Housing/Multifamily – 2.1% (1.4% of Total Investments)
      
3,000
  
New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue
4/24 at 100.00
AA
3,259,200
   
Bonds, CHF-Collegiate Housing Foundation – College Station I LLC – Texas A&M University
      
   
Project, Series 2014A, 5.000%, 4/01/46 – AGM Insured
      
   
Long-Term Care – 0.9% (0.6% of Total Investments)
      
   
Bexar County, Texas, Health Facilities Development Corporation Revenue Bonds, Army Retirement
      
   
Residence, Series 2007:
      
815
  
5.000%, 7/01/27
7/17 at 100.00
BBB
838,578
600
  
5.000%, 7/01/37
7/17 at 100.00
BBB
613,050
1,415
  
Total Long-Term Care
    
1,451,628
   
Tax Obligation/General – 27.9% (19.3% of Total Investments)
      
400
  
Calallen Independent School District, Nueces County, Texas, General Obligation Bonds, School
2/18 at 100.00
AAA
431,052
   
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
1,808,050
   
5.000%, 2/15/32 – AGM Insured
      
1,500
  
College Station, Texas, Certificates of Obligation, Series 2012, 5.000%, 2/15/32
2/21 at 100.00
AA+
1,696,410
1,000
  
El Paso County Hospital District, Texas, General Obligation Bonds, Refunding Series 2013,
8/23 at 100.00
AA–
1,090,990
   
5.000%, 8/15/33
      
1,750
  
El Paso County, Texas, Certificates of Obligation, Series 2001, 5.000%, 2/15/21 – AGM Insured
No Opt. Call
AA
2,068,028
8,500
  
Grand Prairie Independent School District, Dallas County, Texas, General Obligation Bonds,
8/18 at 22.64
AA
1,834,640
   
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
614,935
   
Refunding Series 2012A, 0.000%, 8/01/45
      
1,360
  
Jacksonville Independent School District, Cherokee County, Texas, General Obligation Bonds,
2/24 at 100.00
Aaa
1,545,939
   
School Building Series 2014, 5.000%, 2/15/39
      
2,675
  
Laredo Community College District, Webb County, Texas, General Obligation Bonds, Series 2014,
8/24 at 100.00
AA–
3,063,062
   
5.000%, 8/01/34
      
40
  
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation
8/17 at 33.01
AAA
12,858
   
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
407,081
   
Series 2009, 5.000%, 8/15/34
      
1,350
  
Lubbock Independent School District, Lubbock County, Texas, General Obligation Bonds, School
No Opt. Call
AAA
1,539,756
   
Building Series 2013A, 5.000%, 2/15/43
      
1,750
  
Martin County Hospital District, Texas, Combination Limited Tax and Revenue Bonds, Series
4/21 at 100.00
BBB
1,933,558
   
2011A, 7.250%, 4/01/36
      
   
McCamey County Hospital District, Texas, General Obligation Bonds, Series 2013:
      
1,000
  
5.750%, 12/01/33
12/25 at 100.00
Baa2
1,112,140
1,000
  
6.125%, 12/01/38
12/25 at 100.00
Baa2
1,113,950
1,500
  
Montgomery County, Texas, General Obligation Bonds, Refunding Series 2008B, 5.250%, 3/01/32
3/19 at 100.00
AA+
1,674,120
2,000
  
Plano Independent School District, Collin County, Texas, General Obligation Bonds, Series
2/18 at 100.00
Aaa
2,171,560
   
2008A, 5.250%, 2/15/34
      
1,425
  
Port of Houston Authority, Harris County, Texas, General Obligation Bonds, Series 2010E,
No Opt. Call
AAA
700,117
   
0.000%, 10/01/35
      
4,000
  
Prosper Independent School District, Collin County, Texas, General Obligation Bonds, Refunding
2/25 at 100.00
AAA
4,597,680
   
Series 2015, 5.000%, 2/15/40
      
205
  
Reagan Hospital District of Reagan County, Texas, Limited Tax Revenue Bonds, Series 2014A,
2/24 at 100.00
Baa2
217,622
   
5.125%, 2/01/39
      
2,000
  
Texas State, General Obligation Bonds, Transportation Commission Highway Improvement Series
No Opt. Call
AAA
2,263,680
   
2012A, 5.000%, 4/01/42
      
2,000
  
Texas State, General Obligation Bonds, Transportation Commission Highway Improvement, Series
4/24 at 100.00
AAA
2,280,340
   
2014, 5.000%, 4/01/44
      
2,000
  
Texas State, General Obligation Bonds, Transportation Commission Mobility Fund, Refunding
4/24 at 100.00
AAA
2,329,880
   
Series 2014, 5.000%, 10/01/34
      
910
  
Texas State, General Obligation Bonds, Transportation Commission Mobility Fund, Series 2008,
4/18 at 100.00
AAA
991,345
   
5.000%, 4/01/30
      
3,025
  
Victoria Independent School District, Victoria County, Texas, General Obligation Bonds, School
2/17 at 100.00
AAA
3,174,344
   
Building Series 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
2/16 at 71.21
AAA
31,343
45
  
0.000%, 8/15/24
2/16 at 62.95
AAA
28,104
9,000
  
Wylie Independent School District, Collin County, Texas, General Obligation Bonds, Capital
8/25 at 44.15
Aaa
2,709,540
   
Appreciation Series 2015, 0.000%, 8/15/45
      
55,720
  
Total Tax Obligation/General
    
43,442,124
   
Tax Obligation/Limited – 19.5% (13.5% of Total Investments)
      
   
Bexar County, Texas, Venue Project Revenue Bonds, Refunding Combined Venue Tax Series 2015:
      
1,060
  
5.000%, 8/15/34 – AGM Insured
8/24 at 100.00
AA
1,197,090
1,160
  
5.000%, 8/15/35 – AGM Insured
8/24 at 100.00
AA
1,299,757
1,000
  
Bexar County, Texas, Venue Project Revenue Bonds, Refunding Series 2010, 5.250%, 8/15/38 –
8/19 at 100.00
AA
1,111,660
   
AGM Insured
      
1,175
  
Dallas Area Rapid Transit, Texas, Sales Tax Revenue Bonds, Refunding Senior Lien Series 2014A,
12/24 at 100.00
AA+
1,360,204
   
5.000%, 12/01/36
      
3,315
  
Dallas Area Rapid Transit, Texas, Sales Tax Revenue Bonds, Senior Lien Refunding Series 2007,
12/16 at 100.00
AA+
3,449,921
   
5.000%, 12/01/36 – AMBAC Insured
      
500
  
Flower Mound, Texas, Special Assessment Revenue Bonds, River Walk Public Improvement
No Opt. Call
N/R
519,175
   
District 1, Series 2014, 6.500%, 9/01/36
      
2,500
  
Harris County Metropolitan Transit Authority, Texas, Sales and Use Tax Revenue Bonds,
No Opt. Call
AA+
3,098,050
   
Contractual Obligations Series 2015B, 5.000%, 11/01/25
      
1,390
  
Harris County Metropolitan Transit Authority, Texas, Sales and Use Tax Revenue Bonds, Series
11/21 at 100.00
AA+
1,607,243
   
2011A, 5.000%, 11/01/41
      
   
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Junior Lien Series 2001H:
      
300
  
0.000%, 11/15/24 – NPFG Insured
No Opt. Call
AA–
210,858
210
  
0.000%, 11/15/32 – NPFG Insured
11/31 at 94.05
AA–
96,707
260
  
0.000%, 11/15/33
11/31 at 88.44
AA–
111,712
2,045
  
0.000%, 11/15/34 – NPFG Insured
11/31 at 83.17
AA–
826,282
1,130
  
0.000%, 11/15/36 – NPFG Insured
11/31 at 73.51
AA–
400,449
4,370
  
0.000%, 11/15/38 – NPFG Insured
11/31 at 64.91
AA–
1,356,798
2,260
  
0.000%, 11/15/39 – NPFG Insured
11/31 at 60.98
AA–
659,152
400
  
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Refunding Second Lien Series
11/24 at 100.00
A3
445,792
   
2014C, 5.000%, 11/15/34
      
3,440
  
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Senior Lien Series 2001G,
11/31 at 53.78
AA–
940,427
   
0.000%, 11/15/41 – NPFG Insured
      
1,000
  
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004A-3,
11/24 at 59.10
AA–
392,540
   
0.000%, 11/15/33 – NPFG Insured
      
210
  
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment
9/16 at 100.00
A2
213,503
   
Facilities Department, Refunding Series 2011B, 5.000%, 9/01/30
      
1,015
  
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment
No Opt. Call
A2
1,143,550
   
Facilities Department, Refunding Series 2014, 5.000%, 9/01/34
      
1,470
  
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment
No Opt. Call
A2
738,102
   
Project, Series 2001B, 0.000%, 9/01/32 – AMBAC Insured
      
250
  
Little Elm, Texas, Valencia Public Improvement District Phase I Special Assessment Revenue
3/18 at 103.00
N/R
260,865
   
Bonds, Series 2014, 7.150%, 9/01/37
      
3,000
  
North Texas Tollway Authority, Special Projects System Revenue Bonds, Current Interest Series
9/21 at 100.00
AA+
3,501,060
   
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+
2,359,480
   
5.500%, 9/01/41
      
1,000
  
Uptown Development Authority, Houston, Texas, Tax Increment Revenue Bonds, Infrastructure
9/19 at 100.00
BBB
1,098,500
   
Improvement Facilities, Series 2009, 5.500%, 9/01/29
      
1,735
  
Via Metropolitan Transit Advanced Transportation District, Texas, Sales Tax Revenue Bonds,
8/24 at 100.00
AAA
2,005,261
   
Refunding & Improvement Series 2014, 5.000%, 8/01/38
      
38,195
  
Total Tax Obligation/Limited
    
30,404,138
   
Transportation – 17.3% (12.0% of Total Investments)
      
3,000
  
Austin, Texas, Airport System Revenue Bonds, Series 2015, 5.000%, 11/15/39 (Alternative
11/24 at 100.00
A1
3,326,400
   
Minimum Tax)
      
   
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien Series 2010:
      
2,945
  
0.000%, 1/01/36
No Opt. Call
BBB+
1,205,447
2,205
  
0.000%, 1/01/37
No Opt. Call
BBB+
857,988
2,160
  
0.000%, 1/01/38
No Opt. Call
BBB+
807,192
1,000
  
0.000%, 1/01/40
No Opt. Call
BBB+
336,260
665
  
Central Texas Regional Mobility Authority, Revenue Bonds, Subordinate Lien Refunding Series
1/23 at 100.00
BBB
709,548
   
2013, 5.000%, 1/01/42
      
1,000
  
Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding Series 2010A,
11/20 at 100.00
A+
1,124,000
   
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+
1,313,456
   
5.000%, 11/01/35
      
1,670
  
Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, First Tier Series
10/23 at 100.00
BBB+
1,821,853
   
2013A, 5.125%, 10/01/43
      
1,165
  
Harris County, Texas, Toll Road Revenue Bonds, Refunding Senior Lien Series 2012C,
No Opt. Call
AA
1,332,201
   
5.000%, 8/15/31
      
2,000
  
Houston, Texas, Subordinate Lien Airport System Revenue Refunding Bonds, Series 2012A,
7/22 at 100.00
A
2,210,960
   
5.000%, 7/01/31 (Alternative Minimum Tax)
      
1,750
  
Love Field Airport Modernization Corporation, Texas, General Airport Revenue Bonds Series
11/25 at 100.00
A1
1,973,038
   
2015, 5.000%, 11/01/35 (Alternative Minimum Tax)
      
3,000
  
Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds,
11/20 at 100.00
Baa1
3,286,950
   
Southwest Airlines Company, Series 2010, 5.250%, 11/01/40
      
   
North Texas Tollway Authority, System Revenue Bonds, First Tier Series 2009A:
      
100
  
6.100%, 1/01/28
1/19 at 100.00
A1
114,309
2,000
  
6.250%, 1/01/39
1/19 at 100.00
A1
2,262,100
200
  
North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2008A,
1/18 at 100.00
A
216,572
   
5.750%, 1/01/40
      
   
North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2008B:
      
40
  
5.750%, 1/01/40
1/18 at 100.00
A
43,314
35
  
5.750%, 1/01/40
1/18 at 100.00
AA–
38,089
2,500
  
North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2008D,
No Opt. Call
AA
1,131,700
   
0.000%, 1/01/36 – AGC Insured
      
2,500
  
San Antonio, Texas, Airport System Revenue Bonds, Refunding Series 2012, 5.000%, 7/01/27
7/22 at 100.00
A+
2,852,875
   
(Alternative Minimum Tax)
      
31,100
  
Total Transportation
    
26,964,252
   
U.S. Guaranteed – 13.4% (9.3% of Total Investments) (4)
      
2,000
  
Borger Independent School District, Hutchison County, Texas, General Obligation Bonds, Series
2/16 at 100.00
AAA
2,020,060
   
2006, 5.000%, 2/15/36 (Pre-refunded 2/15/16)
      
4,625
  
Dallas Area Rapid Transit, Texas, Sales Tax Revenue Bonds, Senior Lien Refunding Series 2007,
12/16 at 100.00
Aa2 (4)
4,836,544
   
5.000%, 12/01/36 (Pre-refunded 12/01/16) – AMBAC Insured
      
1,000
  
El Paso, Texas, Water and Sewer Revenue Bonds, Refunding Series 2008C, 5.375%, 3/01/29
3/18 at 100.00
AA+ (4)
1,099,620
   
(Pre-refunded 3/01/18)
      
3,615
  
Frisco, Texas, General Obligation Bonds, Series 2006, 5.000%, 2/15/26 (Pre-refunded 2/15/16) –
2/16 at 100.00
AA+ (4)
3,651,258
   
FGIC Insured
      
1,290
  
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment
9/16 at 100.00
N/R (4)
1,334,763
   
Facilities Department, Refunding Series 2011B, 5.000%, 9/01/30 (Pre-refunded 9/01/16)
      
960
  
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation
8/17 at 33.01
N/R (4)
312,403
   
Bonds, Series 2008, 0.000%, 8/15/36 (Pre-refunded 8/15/17)
      
25
  
Lower Colorado River Authority, Texas, Revenue Bonds, Refunding Series 2012B, 5.000%, 5/15/29
5/22 at 100.00
N/R (4)
30,149
   
(Pre-refunded 5/15/22)
      
1,000
  
Lufkin Health Facilities Development Corporation, Texas, Health System Revenue Bonds, Memorial
2/17 at 100.00
N/R (4)
1,059,090
   
Health System of East Texas, Series 2007, 5.500%, 2/15/32 (Pre-refunded 2/15/17)
      
1,000
  
North Central Texas Health Facilities Development Corporation, Hospital Revenue Bonds,
No Opt. Call
Aaa
1,223,260
   
Presbyterian Healthcare System, Series 1996A, 5.750%, 6/01/26 – NPFG Insured (ETM)
      
195
  
North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2008A,
1/18 at 100.00
N/R (4)
214,521
   
5.750%, 1/01/40 (Pre-refunded 1/01/18)
      
   
North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2008B:
      
285
  
5.750%, 1/01/40 (Pre-refunded 1/01/18)
1/18 at 100.00
A1 (4)
313,531
190
  
5.750%, 1/01/40 (Pre-refunded 1/01/18)
1/18 at 100.00
AA– (4)
209,188
950
  
North Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier, Series 2008F,
1/18 at 100.00
A2 (4)
1,045,105
   
5.750%, 1/01/38 (Pre-refunded 1/01/18)
      
2,500
  
Retama Development Corporation, Texas, Special Facilities Revenue Bonds, Retama Park
12/17 at 100.00
Aaa
2,902,950
   
Racetrack, Series 1993, 8.750%, 12/15/18 (Pre-refunded 12/15/17)
      
95
  
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue
8/20 at 100.00
N/R (4)
111,550
   
Bonds, Scott & White Healthcare Project, Series 2010, 5.250%, 8/15/40 (Pre-refunded 8/15/20)
      
410
  
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Christus
1/19 at 100.00
AA (4)
476,113
   
Health, Refunding Series 2008A, 6.500%, 7/01/37 (Pre-refunded 1/01/19) – AGC Insured
      
90
  
Texas State, General Obligation Bonds, Transportation Commission Mobility Fund, Series 2008,
4/18 at 100.00
N/R (4)
98,522
   
5.000%, 4/01/30 (Pre-refunded 4/01/18)
      
20,230
  
Total U.S. Guaranteed
    
20,938,627
   
Utilities – 17.4% (12.1% of Total Investments)
      
2,000
  
Austin, Texas, Electric Utility System Revenue Bonds, Refunding Series 2012A, 5.000%, 11/15/40
No Opt. Call
AA–
2,245,500
3,000
  
Austin, Texas, Electric Utility System Revenue Bonds, Refunding Series 2015A, 5.000%, 11/15/38
11/25 at 100.00
AA–
3,397,140
2,560
  
Brazos River Authority, Texas, Pollution Control Revenue Refunding Bonds, TXU Electric
2/16 at 100.00
C
153,600
   
Company, Series 1999C, 7.700%, 3/01/32 (Alternative Minimum Tax) (5)
      
2,000
  
Brownsville, Texas, Utility System Revenue Bonds, Refunding Series 2015, 5.000%, 9/01/31
9/25 at 100.00
A+
2,268,960
2,000
  
Bryan, Brazos County, Texas, Electric System Revenue Bonds, Series 2009, 5.000%, 7/01/34
7/17 at 100.00
A+
2,112,220
3,000
  
Lower Colorado River Authority, Texas, Revenue Bonds, Refunding Series 2010A, 5.000%, 5/15/40
5/20 at 100.00
A
3,342,780
1,150
  
Lower Colorado River Authority, Texas, Revenue Bonds, Refunding Series 2012A, 5.000%, 5/15/36
5/22 at 100.00
A
1,284,826
1,975
  
Lower Colorado River Authority, Texas, Revenue Bonds, Refunding Series 2012B, 5.000%, 5/15/29
5/22 at 100.00
A
2,250,078
1,500
  
Matagorda County Navigation District Number One, Texas, Pollution Control Revenue Refunding
7/19 at 102.00
Baa1
1,702,845
   
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 Bonds, Refunding
No Opt. Call
BBB+
1,149,170
   
Series 2012, 5.000%, 10/01/20
      
   
Texas Municipal Gas Acquisition and Supply Corporation I, Gas Supply Revenue Bonds, Senior
      
   
Lien Series 2008D:
      
530
  
5.625%, 12/15/17
No Opt. Call
BBB+
558,965
3,000
  
6.250%, 12/15/26
No Opt. Call
BBB+
3,669,900
1,000
  
Texas Municipal Gas Acquisition and Supply Corporation I, Gas Supply Revenue Bonds, Series
No Opt. Call
BBB+
1,151,490
   
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+
717,446
1,000
  
5.000%, 9/01/40
9/20 at 100.00
A+
1,119,980
26,355
  
Total Utilities
    
27,124,900
   
Water and Sewer – 16.7% (11.6% of Total Investments)
      
1,575
  
Bell County Water Control Improvement District 1, Texas, Water Revenue Bonds, Series 2014,
7/23 at 100.00
AA
1,762,850
   
5.000%, 7/10/38 – BAM Insured
      
2,500
  
Bexar Metropolitan Water District, Texas, Waterworks System Revenue Bonds, Refunding Series
5/20 at 100.00
A+
2,899,375
   
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
2,855,975
   
Groundwater Supply Project, Subordinate Lien Series 2011, 5.000%, 2/15/31
      
2,000
  
Corpus Christi, Texas, Utility System Revenue Bonds, Improvement Junior Lien Series 2013,
7/23 at 100.00
A+
2,203,400
   
5.000%, 7/15/43
      
2,000
  
Houston, Texas, First Lien Combined Utility System Revenue Bonds, Refunding Series 2012D,
11/22 at 100.00
AA
2,240,160
   
5.000%, 11/15/42
      
4,000
  
Laredo, Webb County, Texas, Waterworks and Sewer System Revenue Bonds, Series 2010,
3/20 at 100.00
AA–
4,579,000
   
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
783,797
   
12/15/36 – AGM Insured
      
3,860
  
North Harris County Regional Water Authority, Texas, Water Revenue Bonds, Senior Lien
12/22 at 100.00
AA–
4,386,041
   
Refunding Series 2013, 5.000%, 12/15/33
      
1,000
  
Nueces River Authority, Texas, Water Supply Revenue Bonds, Corpus Christi Lake Texana Project,
7/25 at 100.00
AA–
1,209,090
   
Refunding Series 2015, 5.000%, 7/15/26
      
2,640
  
San Antonio, Texas, Water System Revenue Bonds, Refunding Junior Lien Series 2015B,
5/25 at 100.00
AA
3,088,562
   
5.000%, 5/15/34
      
60
  
Texas State, General Obligation Bonds, Water Utility, Series 2001, 5.250%, 8/01/23
2/16 at 100.00
AAA
60,257
22,845
  
Total Water and Sewer
    
26,068,507
$ 240,885
  
Total Long-Term Investments (cost $209,449,909)
    
224,955,016
   
Institutional MuniFund Term Preferred Shares, at Liquidation Value – (46.2)% (6)
    
(72,000,000)
   
Other Assets Less Liabilities – 1.8%
    
2,874,963
   
Net Assets Applicable to Common Shares – 100%
    
$ 155,829,979
 
 
 
 
 
 
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
$ —
$224,955,016
$ —
$224,955,016
 
 
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 $210,107,066.
 
Gross unrealized appreciation and gross unrealized depreciation of investments as of November 30, 2015, were as follows:
 
  
Gross unrealized:
  
Appreciation
$ 18,390,304
Depreciation
(3,542,354)
Net unrealized appreciation (depreciation) of investments
$ 14,847,950
 
     
(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)
  
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)
  
Institutional MuniFund Term Preferred Shares, at Liquidation Value as a percentage of Total Investments is 32.0%.
(ETM)
  
Escrowed to maturity.
 
 
 
 
 
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, 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