Company: NAZ
Filing Date: 2025-04-18
Form Type: 424B5
Source: 0001999371-25-004421
Chunk: 18

Company: NUVEEN ARIZONA QUALITY MUNICIPAL INCOME FUND
Filing Date: 2025-04-18
Form: 424B5
Chunk 18
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 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.

| 1    
 Year |    |     | 3     
 Years |     |     | 5     
 Years |     |     | 10    
 Years |     |
|:-----|---:|:----|:------|----:|:----|:------|----:|:----|:------|----:|
| $    | 47 |     | $     | 123 |     | $     | 200 |     | $     | 403 |

The example should not be considered a representation of future expenses. Actual expenses may be greater or less than those shown above. 7 FINANCIAL HIGHLIGHTS The financial highlights table is intended to help you understand the Fund’s financial performance for the periods presented. Certain information reflects financial results for a single Common Share of the Fund. Effective March 1, 2024, the Fund's fiscal and tax year end changed from February 28/29 to August 31. The information for the fiscal years or periods, as applicable, ended August 31, 2024, February 29, 2024, February 28, 2023, February 28, 2022, February 28, 2021 and February 29, 2020 has been audited by KPMG LLP, an independent registered public accounting firm. The report of KPMG LLP is included in the Fund’s August 31, 2024 annual report, which is incorporated by reference herein.

|                                                  |     | 2024(d) |        (d) 
 Six Months 
      Ended 
  August 31 |    |     | 2024 | Year Ended February 28/29 |    |     | 2023 |         |    |     | 2022 |         |    |     | 2021 |         |   |     | 2020 |         |   |     | 2019 |         |    |     | 2018 |         |    |     | 2017 |         |    |     | 2016 |         |   |     | 2015 |         |   |
|:-------------------------------------------------