Company: NMS
Filing Date: 2025-08-06
Form Type: N-CSR
Source: 0001193125-25-174309
Chunk: 5

Company: Nuveen Minnesota Quality Municipal Income Fund
Filing Date: 2025-08-06
Form: N-CSR
Chunk 5
---
 NMS and NPV, subject to market conditions, may raise additional capital from time to time in varying amounts and offering methods at a net price at or above each Fund’s NAV per common share. The maximum aggregate offering under these Shelf Offerings are as shown in the accompanying table.

| 6 |

During the current reporting period, NMS and NPV sold common shares through its Shelf Offering at a weighted average premium to its NAV per common share in the accompanying table.

|                                                       |     |     NMS |     |     NPV |
| Common shares sold through shelf offering             |     | 259,331 |     | 509,702 |
| Weighted average premium to NAV per common share sold |     |   1.28% |     |   4.85% |

Refer to the Notes to Financial Statements for further details on Shelf Offerings and each Fund’s transactions. COMMON SHARE REPURCHASES The Funds’ Board of Trustees reauthorized an open-market share repurchase program, allowing each Fund to repurchase and retire an aggregate of up to approximately 10% of its outstanding common shares. During the current reporting period, the Funds did not repurchase any of their outstanding common shares. As of May 31, 2025, (and since the inception of the Funds’ repurchase programs), each Fund has cumulatively repurchased and retired its outstanding common shares as shown in the accompanying table.

|                                                    |     |     NMT |     |     NMS |     |     NOM |     |       NPV |
| Common shares cumulatively repurchased and retired |     |  26,148 |     |  10,000 |     |       0 |     |    55,000 |
| Common shares authorized for repurchase            |     | 930,000 |     | 590,000 |     | 235,000 |     | 1,825,000 |

| 7 |

About the Funds’ Benchmarks S&P Municipal Bond Index: An index designed to measure the performance of the tax‑exempt U.S. municipal bond market. Index returns assume reinvestment of distributions, but do not reflect any applicable sales charges or management fees. S&P Municipal Bond Massachusetts Index: An index designed to measure the performance of the tax‑exempt Massachusetts municipal bond market. Index returns assume reinvestment of distributions, but do not reflect any applicable sales charges or management fees. S&P Municipal Bond Minnesota Index: An index designed to measure the performance