Company: NAZ
Filing Date: 2025-02-28
Form Type: N-2
Source: 0001839882-25-012465
Chunk: 19

Company: NUVEEN ARIZONA QUALITY MUNICIPAL INCOME FUND
Filing Date: 2025-02-28
Form: N-2
Chunk 19
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 for eligible complex-level assets above $124.3 billion. Therefore, the maximum management fee rate for the Fund is the Fund-level fee plus 0.1600%. The current overall complex-level fee schedule is as follows:

| Complex-Level                         
 Asset Breakpoint Level*               | Complex-Level 
 Fee           |
| For the first $124.3 billion          | 0.1600%       |
| For the next $75.7 billion            | 0.1350%       |
| For the next $200 billion             | 0.1325%       |
| For eligible assets over $400 billion | 0.1300%       |

| * | See “Investment Adviser, Sub-Adviser and Portfolio Managers” in the                              
 SAI for more detailed information about the complex-level fee and eligible complex-level assets. |

As of [ ], 2025, the complex-level fee rate for the Fund was [ ]%. In addition to the fee of Nuveen Fund Advisors, the Fund pays all other costs and expenses of its operations, including compensation of its trustees (other than those affiliated with Nuveen Fund Advisors and Nuveen Asset Management), custodian, transfer agency and dividend disbursing expenses, legal fees, expenses of independent auditors, expenses of repurchasing shares, expenses associated with any borrowings, expenses of issuing any Preferred Shares, expenses of preparing, printing and distributing shareholder reports, notices, proxy statements and reports to governmental agencies, and taxes, if any. All fees and expenses are accrued daily and deducted before payment of dividends to investors. A discussion regarding the basis for the Board of Trustees’ most recent approval of the Investment Management Agreement for the Fund may be found in the Fund’s annual report to shareholders dated August 31 2024. Sub-Advisory Agreement.Pursuant to the Sub-Advisory Agreement, Nuveen Asset Management will receive from Nuveen Fund Advisors a management fee equal to 38.4615% of Nuveen Fund Advisors’ net management fee from the Fund. Nuveen Fund Advisors and Nuveen Asset Management retain the right to reallocate investment advisory responsibilities and fees between themselves in the future. A discussion regarding the basis for the Board’s decision to approve the Sub-Advisory Agreement for the Fund may be found in the Fund’s annual report to shareholders dated August 31, 2024. 16 Control Persons and Principal Holders of Common Shares As of [ ], 2025, no