NMT
Nuveen Massachusetts Quality Municipal Income Fund11.58
+0.01+0.04%
Dec 16, 4:00:02 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
113.02MP/E (TTM)
-Basic EPS (TTM)
-0.22Dividend Yield
0.07%Recent Filings
8-K
By-laws drop control share rules
Nuveen Massachusetts Quality Municipal Income Fund eliminated its suspended 'control share' provisions from the by-laws on February 28, 2024, via board adoption. 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
Fund board consolidation announced
Nuveen Massachusetts Quality Municipal Income Fund announced board consolidation across its fund complex on October 13, 2023, effective January 1, 2024, appointing four independent trustees from TIAA-CREF boards: Joseph A. Boateng, Michael A. Forrester, Thomas J. Kenny, and Loren M. Starr, while Jack B. Evans and William C. Hunter retire December 31, 2023. This move targets cost efficiencies, vendor leverage, and unified marketing to boost shareholder value. Board size shrinks to twelve. Yet, integration demands careful oversight.
8-K
By-laws suspend control share rule
On February 24, 2022, the Board of Trustees of Nuveen Massachusetts Quality Municipal Income Fund amended its by-laws to suspend the control share provision, following a U.S. District Court ruling on February 18 that invalidated it under the 1940 Act. This provision, adopted in October 2020, aimed to shield the fund from activist hedge fund influence like Saba Capital's challenge. The Board plans to appeal, preserving shareholder protections against short-term disruptions. Suspension holds until the appeal resolves.
8-K
Nuveen amends fund By-Laws
On October 5, 2020, Nuveen Massachusetts Quality Municipal Income Fund's Board adopted amended and restated By-Laws, tightening advance notice deadlines for 2021 shareholder proposals and nominations. These changes, part of a broader update across multiple Nuveen closed-end funds, introduce a Control Share By-Law to curb voting power from large acquisitions unless approved by other shareholders. Boards aim to shield long-term investors from short-term opportunists. Yet, procedural hurdles now challenge activist moves.
8-K
Nuveen AMT policy tightened
Nuveen Massachusetts Premium Income Municipal Fund revised its investment policy effective August 5, 2016, capping exposure to AMT-subject securities at 20% of managed assets, down from no prior limit. This aligns with uniform policies across Nuveen's municipal closed-end funds, enhancing consistency while previously unrestricted holdings shift to stricter bounds. Boards can adjust without shareholder notice. Investors gain clearer tax-exempt focus.
IPO
Sector
Industry
NAD
Nuveen Quality Municipal Income
12.06+0.00
NEA
Nuveen AMT-Free Quality Municip
11.53+0.00
NIM
Nuveen Select Maturities Munici
9.24-0.01
NMS
Nuveen Minnesota Quality Munici
11.88-0.04
NPV
Nuveen Virginia Quality Municip
11.08-0.08
NQP
Nuveen Pennsylvania Quality Mun
12.04+0.00
NUV
Nuveen Municipal Value Fund, In
8.97-0.02
NUW
Nuveen AMT-Free Municipal Value
14.17-0.09
NVG
Nuveen AMT-Free Municipal Credi
12.53-0.06
NXJ
Nuveen New Jersey Qualified Mun
12.63-0.05