NMS
Nuveen Minnesota Quality Municipal Income Fund11.88
-0.04-0.34%
Dec 16, 3:59:50 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
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Key Stats
Market Cap
71.98MP/E (TTM)
-Basic EPS (TTM)
-0.22Dividend Yield
0%Recent Filings
8-K
By-laws amend eliminates control shares
Nuveen Minnesota Quality Municipal Income Fund eliminated its suspended 'control share' provisions from the by-laws on February 28, 2024, effective immediately. Previously halted in 2022, these rules had restricted shareholder voting power in control acquisitions. The update simplifies governance without other changes. No impact on operations disclosed.
8-K
Board consolidation for cost savings
Nuveen Minnesota Quality Municipal Income Fund announced board consolidation across its fund complex on October 13, 2023, effective January 1, 2024, to streamline operations and cut costs for shareholders. The board shrinks to ten members, appointing independent trustees Thomas J. Kenny and Loren M. Starr from TIAA-CREF boards, while Jack B. Evans and William C. Hunter retire December 31. This unification boosts vendor negotiations and marketing reach. Yet efficiencies demand fresh oversight.
8-K
By-laws suspend control share rule
On February 24, 2022, the Board of Trustees of Nuveen Minnesota Quality Municipal Income Fund amended its by-laws to suspend the control share provision, following a U.S. District Court ruling on February 18, 2022, that deemed it violative of the 1940 Act in a suit by Saba Capital Management. The amendment halts the provision's effect while the judgment stands, with automatic reinstatement if the Board prevails on appeal, which it intends to pursue. This shields shareholders from short-term hedge fund pressures. Boards act to protect long-term value.
8-K
Nuveen amends fund By-Laws
On October 5, 2020, the Board of Trustees of Nuveen Minnesota Quality Municipal Income Fund adopted amended and restated By-Laws, tightening advance notice deadlines for shareholder proposals and nominations ahead of 2021 annual meetings. These changes, part of a broader update across multiple Nuveen closed-end funds, introduce a Control Share By-Law to curb voting power from acquisitions exceeding 10% ownership unless approved by other shareholders. Boards aim to shield long-term investors from short-term opportunists. Yet, activists must now navigate stricter procedural hurdles.
8-K
Nuveen funds revise AMT policies
On August 5, 2016, Nuveen municipal closed-end funds tightened their investment policies on AMT exposure. Two AMT-Free funds now mandate 100% of assets in non-AMT municipal securities, up from 80%, while 25 non-AMT-Free funds cap AMT holdings at 20% of managed assets, replacing prior no-limits or 30% thresholds. This uniform shift aligns portfolios with tax-exempt goals. Boards can adjust without shareholder notice.
IPO
Sector
Industry
NAD
Nuveen Quality Municipal Income
12.06+0.00
NAN
Nuveen New York Quality Municip
11.31+0.00
NEA
Nuveen AMT-Free Quality Municip
11.53+0.00
NIM
Nuveen Select Maturities Munici
9.24-0.01
NMI
Nuveen Municipal Income Fund, I
9.91-0.10
NMT
Nuveen Massachusetts Quality Mu
11.58+0.01
NMZ
Nuveen Municipal High Income Op
10.40-0.05
NOM
Nuveen Missouri Quality Municip
11.21-0.17
NQP
Nuveen Pennsylvania Quality Mun
12.04+0.00
NUV
Nuveen Municipal Value Fund, In
8.97-0.02