Company: NAZ
Filing Date: 2025-02-28
Form Type: N-2
Source: 0001839882-25-012465
Chunk: 43

Company: NUVEEN ARIZONA QUALITY MUNICIPAL INCOME FUND
Filing Date: 2025-02-28
Form: N-2
Chunk 43
---
 and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This Statement of Additional Information is not an offer to sell these securities and is not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. SUBJECT TO COMPLETION, DATED FEBRUARY 28, 2025 NUVEEN ARIZONA QUALITY MUNICIPAL INCOME FUND 333 West Wacker Drive Chicago, Illinois 60606 STATEMENT OF ADDITIONAL INFORMATION [ ], 2025 Nuveen Arizona Quality Municipal Income Fund (the “Fund”) is a diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”). The Fund was organized as a Minnesota corporation on September 15, 1992 and commenced investment operations on November 19, 1992, but was reorganized as a Massachusetts business trust on August 24, 2012. This Statement of Additional Information (the “SAI”) relating to the common shares (“Common Shares”) of the Fund does not constitute a prospectus, but should be read in conjunction with the Fund’s prospectus relating thereto dated [ ], 2025 (the “Prospectus”) and any related prospectus supplement. This SAI does not include all information that a prospective investor should consider before purchasing such shares. Investors should obtain and read the Prospectus prior to purchasing. In addition, the Fund’s financial statements and the independent registered public accounting firm’s report therein included in the Fund’s annual reportdated August 31, 2024, are incorporated herein by reference. A copy of the Prospectus may be obtained without charge by calling (800) 257-8787. You may also obtain a copy of the Prospectus on the U.S. Securities and Exchange Commission’s (the “SEC”) web site (http://www.sec.gov). Capitalized terms used but not defined in this SAI have the meanings ascribed to them in the Prospectus. TABLE OF CONTENTS

| Use of Proceeds                               |   2 |
| Investment Objectives and Policies            |   2 |
| Investment Restrictions                       |   2 |
| The Fund’s Investments                        |   5 |
| Management of the Fund                        |  18 |
| Investment Adviser, Sub-Adviser and Portfolio 
 Managers                                      |  44 |
| Code of Ethics                                |  50 |