Company: NAZ
Filing Date: 2025-11-06
Form Type: N-CSR
Source: 0001193125-25-269465
Chunk: 180

Company: NUVEEN ARIZONA QUALITY MUNICIPAL INCOME FUND
Filing Date: 2025-11-06
Form: N-CSR
Chunk 180
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 Sales Charge” in the Shareholder Transaction Expenses table above), if any, that a common shareholder would pay on a $1,000 investment that is held for the time periods provided in the table. The example assumes that all dividends and other distributions are reinvested in the Fund and that the Fund’s Annual Expenses, as provided above, remain the same. The example also assumes a 5% annual return. Actual expenses may be greater or less than those assumed. Moreover, the Fund’s actual rate of return may be greater or less than the hypothetical 5% return shown in the example.

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Example 

# 1 (At-the-Market Transaction) The following example assumes a transaction fee of 1.00%, as a percentage of the offering price.
|     |     | 1 Year |     |     | 3 Years |      |     | 5 Years |      |     | 10 Years |
| NAZ |     |        | $45 |     |         | $118 |     |         | $192 |     |     $388 |
| NKX |     |        | $48 |     |         | $124 |     |         | $202 |     |     $407 |
| NAC |     |        | $48 |     |         | $125 |     |         | $203 |     |     $409 |
| NAN |     |        | $48 |     |         | $124 |     |         | $202 |     |     $407 |

The example should not be considered a representation of future expenses. Actual expenses may be greater or less than those shown above. TRADING AND NET ASSET VALUE INFORMATION The following table shows for the periods indicated: (i) the high and low sales prices for the Common Shares reported as of the end of the day on the NYSE, (ii) the corresponding NAV per share; and (iii) the premium/(discount) to NAV per share at which the Common Shares were trading as of such date. NAZ

| Fiscal Quarter 
 Ended          
 August 2025    |     | Closing Market Price per 
 Common Share             |   High 
 $11.90 |     |    Low 
 $11.51 |     | NAV per Common Share    
 on Date of Market Price |   High 
 $11.07 |     |    Low 
 $11.22 |     | Premium/(Discount) on 
 Date of Market Price  | High     
 7.50%    |