NMS - Nuveen Minnesota Quality Municipal Income Fund
This fund is being folded into NZF - Nuveen Municipal Credit Income Fund. Announced May 13, 2026.
Is anyone targeting this fund?
No - nobody has reported owning 5% or more of this fund.
Is the fund doing anything you need to act on?
Yes - this fund is being folded into NZF.
The fund proposed folding into NZF. Holders vote on Sept 24, 2026.
Do I need to do anything? Your shares would become shares of NZF at the same value. There may be a vote on Sept 24, 2026. You do not need to do anything; your broker handles the swap.
Deadline: Sept 24, 2026.
Original document →What this means for you
No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.
The investor's notice itself does not require anything from you; the fund's own announcement above does - by the date shown. If that changes, the notice appears here within a day of being filed with the regulator.
Separately, the fund itself has announced a closing - see the box above for what to do and by when.
What happened, and when
-
June 30, 2026
The fund proposed folding into NZF. Holders vote on Sept 24, 2026.
Original document → -
June 26, 2026
The fund proposed folding into NZF. Holders vote on Sept 24, 2026.
Original document → -
June 18, 2026
The fund proposed folding into NZF. Holders vote on Sept 24, 2026.
Original document → -
May 13, 2026
The fund proposed folding into NZF. Latest document July 8, 2026.
Original document → -
May 1, 2026
The fund said it will repay some borrowed money on June 2, 2026.
Original document →
Show all 12 events
-
April 30, 2026
The fund said it may sell new shares.
Original document → -
Oct 31, 2025
The fund said it will repay some borrowed money on Dec 1, 2025.
Original document → -
April 28, 2025
The fund said it will repay some borrowed money on May 28, 2025.
Original document → -
Nov 22, 2024
The fund said it may sell new shares.
Original document → -
Nov 20, 2024
The fund said it may sell new shares.
Original document → -
Oct 28, 2024
The fund said it will repay some borrowed money on Nov 27, 2024.
Original document → -
Oct 1, 2024
The fund said it may sell new shares.
Original document →
About this fund
- Run by Nuveen Fund Advisors, LLC. Part of the Nuveen fund family. As of May 31, 2026, from the fund's yearly report. Original document →
- Size: about $76 million of holdings, as of May 31, 2026. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 40% on top of its own money, as of May 31, 2026. Borrowed money makes gains and losses bigger. About 99% of that is money the fund has borrowed by selling preferred shares. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 0.6% a year in management fees; 3.7% a year in total, including interest on borrowed money. Fiscal year ended May 31, 2026. As of May 31, 2026, from the fund's yearly report. Original document →
- Payouts: last fiscal year (ended May 31, 2026) the fund paid $0.82 a share. $0.45 of that was income; $0.37 was your own money back, not income. As of May 31, 2026, from the fund's annual report. Original document →
- Value of holdings per share at the last fiscal year end (May 31, 2026): $11.86. The shares traded at $12.23, about 3.1% above that.
As of May 31, 2026, from the fund's yearly report. Original document →
Over the last two years the gap ranged from 13.2% below to 5.3% above. As of May 31, 2026, from the fund's annual report. Original document → - How the holdings did: down 0.6% over the last three months we have (March-May 2026), before the share price is taken into account. Over the last 12 months: +10.5%. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
- How the holdings did over the fiscal year (ended May 31, 2026): the value of the holdings returned +10.2%. How the share price did: the shares returned +15.2% over the same year, counting payouts and the change in the market price. As of May 31, 2026, from the fund's annual report. Original document →
- First reported to the regulator in 2014.
What the fund holds
Almost all tax-free municipal bonds (100%). About 100% issued in the U.S.
- Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group - 6.6%
- Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds - 4.3%
- Minnesota Municipal Power Agency, Electric Revenue Bonds - 3.7%
- Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7 - 3.4%
- Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding - 3.4%
- Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas - 3.3%
- Bird Island-Olivia-Lake Lillian Independent School District 2534, Minnesota, General Obligation Bonds, School Building - 3%
- Minnesota Housing Finance Agency, Nonprofit Housing Bonds, State Appropriation - 2.9%
- Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble Academy Project - 2.8%
- Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College - 2.7%
Show all 25
- Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien - 2.6%
- Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services - 2.6%
- Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System - 2.2%
- Hennepin County, Minnesota, General Obligation Bonds - 2.2%
- Minnesota Agricultural and Economic Development, Health Care System Revenue Bonds, Fairview Health Services - 2.2%
- Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities German Immersion School - 2.1%
- Minnesota State, Certificates of Participation, State Office Building Project - 2.1%
- New London Economic Development Authority, Minnesota, Lease Revenue Bonds, SWWC Service Cooperative Lease With Option to Purchase Project, Public Seri - 2.1%
- Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien - 2.1%
- Minnesota Department of Iron Range Resource and Rehabilitation, Revenue Bonds - 2.1%
- Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Refunding - 2.1%
- Minneapolis, Minnesota, Health Care System Revenue Bonds, Allina Health System - 2%
- Roseville Independent School District 623, Ramsey County, Minnesota, General Obligation Bonds, Facilities Maintenance - 2%
- Sibley East Independent School District 2310, Sibley, Minnesota, General Obligation Bonds, School Building - 2%
- Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Yinghua Academy Project - 1.9%
As of May 31, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
No notices from large investors on file.
| Date | What | Deadline | Document |
|---|---|---|---|
| June 30, 2026 | Plan to fold the fund into NZF | Sept 24, 2026 | Original document → |
| June 26, 2026 | Plan to fold the fund into NZF | Sept 24, 2026 | Original document → |
| June 18, 2026 | Plan to fold the fund into NZF | Sept 24, 2026 | Original document → |
| May 13, 2026 | Plan to fold the fund into NZF | none | Original document → |
| May 1, 2026 | Repaying borrowed money | June 2, 2026 | Original document → |
| April 30, 2026 | May sell new shares | none | Original document → |
| Oct 31, 2025 | Repaying borrowed money | Dec 1, 2025 | Original document → |
| April 28, 2025 | Repaying borrowed money | May 28, 2025 | Original document → |
| Nov 22, 2024 | May sell new shares | none | Original document → |
| Nov 20, 2024 | May sell new shares | none | Original document → |
| Oct 28, 2024 | Repaying borrowed money | Nov 27, 2024 | Original document → |
| Oct 1, 2024 | May sell new shares | none | Original document → |
- Run by
- Nuveen Fund Advisors, LLC
- Fund family
- Nuveen Funds
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-22967
- Auditor
- PricewaterhouseCoopers LLP
- Fiscal year end
- May 31, 2026
- Number of holdings
- 142
- Preferred share classes
- 1
Email me when something new is filed for NMS
Free. One email per notice or announcement, usually within a day. No password.