Company: NMS
Filing Date: 2025-02-05
Form Type: N-CSRS
Source: 0001193125-25-020489
Chunk: 140

Company: Nuveen Minnesota Quality Municipal Income Fund
Filing Date: 2025-02-05
Form: N-CSRS
Chunk 140
---
ends

set

at

weekly

remarketings,

and

be

supported

by

designated

### liquidity
provider,

or

the

Board

may

approve

a

subsequent

special

rate

period.

The

fair

value

of

Special

Rate

VRDP

Shares

is

expected

to

approximate

their

liquidation

preference

so

long

as

the

fixed

“spread”

on

the

shares

remains

roughly

in

line

with

the

“spread”

being

demanded

by

investors

on

instruments

having

similar

terms

in

the

current

market.

During

the

current

reporting

period,

the

Adviser

has

determined

that

the

fair

value

of

the

shares

approximated

their

liquidation

preference.

Dividends

on

the

VRDP

Shares

(which

are

treated

as

interest

payments

for

### financial
reporting

purposes)

are

set

at

a

rate

established

by

a

remarketing

agent;

therefore,

the

market

value

of

the

VRDP

Shares

is

expected

to

approximate

its

liquidation

preference.

In

the

event

that

VRDP

shares

are

unable

to

be

successfully

remarketed,

the

dividend

rate

will

be

the

maximum

rate

which

is

designed

to

escalate

according

to

a

specified

schedule

in

order

to

enhance

the

remarketing

agent’s

ability

to

successfully

remarket

the

VRDP

Shares.

Subject

to

certain

conditions,

VRDP

Shares

may

be

redeemed,

in

whole

or

in

part,

at

any

time

at

the

option

of

each

Fund.

Each

Fund

may

also

redeem

certain

of

the

VRDP

Shares

if

the

Fund

fails

to

maintain

certain

asset

coverage

requirements

and

such

failures

are

not

cured

by

the

applicable

cure

date.

The

redemption