Company: NAZ
Filing Date: 2025-05-07
Form Type: N-CSRS
Source: 0001193125-25-114739
Chunk: 3

Company: NUVEEN ARIZONA QUALITY MUNICIPAL INCOME FUND
Filing Date: 2025-05-07
Form: N-CSRS
Chunk 3
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                                             |     |     |   0.60% |

Refer to Notes to Financial Statements for further details of Shelf Offerings and the 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 February 28, 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.

|                                                    |     | NAZ |           |     | NKX |           |     | NCA |           |     | NAC |            |     | NXJ |           |
| Common shares cumulatively repurchased and retired |     |     |   133,000 |     |     |   230,000 |     |     |         - |     |     |    383,000 |     |     | 1,960,343 |
| Common shares authorized for repurchase            |     |     | 1,155,000 |     |     | 4,750,000 |     |     | 3,310,000 |     |     | 14,470,000 |     |     | 4,120,000 |
|                                                    |     |     |           |     | NRK |           |     | NNY |           |     | NAN |            |     | NQP |           |
| Common shares cumulatively repurchased and retired |     |     |           |     |     |   390,000 |     |     |         - |     |     |    292,714 |     |     |   900,440 |
| Common shares authorized for repurchase            |     |     |           |     |     | 8,720,000 |     |     | 1,885,000 |     |     |  3,080,000 |     |     | 3,720,000 |

5

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 Arizona Index:An