Company: NMS
Filing Date: 2025-08-06
Form Type: N-CSR
Source: 0001193125-25-174309
Chunk: 32

Company: Nuveen Minnesota Quality Municipal Income Fund
Filing Date: 2025-08-06
Form: N-CSR
Chunk 32
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 Liquidity Provider for the Trust’s Floaters, in certain circumstances, for the amount (if any) by which the liquidation value of the Underlying Bond held by the TOB Trust may fall short of the sum of the liquidation value of the Floaters issued by the TOB Trust plus any amounts borrowed by the TOB Trust from the Liquidity Provider, plus any shortfalls in interest cash flows (sometimes referred to as “shortfall payments”). Under these agreements, a Fund’s potential exposure to losses related to or on an Inverse Floater may increase beyond the value of the Inverse Floater as a Fund may potentially be liable to fulfill all amounts owed to holders of the Floaters or the Liquidity Provider. Any such shortfall amount in the aggregate is recognized as “Unrealized depreciation on Recourse Trusts” on the Statement of Assets and Liabilities. As of the end of the reporting period, the Funds maximum exposure to the Floaters issued by Recourse Trusts for self-deposited Inverse Floaters and externally-deposited Inverse Floaters was as follows:

| Fund |     |   |    Maximum Exposure 
 to Recourse Trusts: 
      Self-Deposited 
    Inverse Floaters |     |   | Maximum Exposure     
 to Recourse Trusts:  
 Externally‑Deposited 
 Inverse Floaters     |     |   |      Total |
|:-----|:----|:--|--------------------:|:----|:--|:---------------------|:----|:--|-----------:|
| NMT  |     | $ |                   — |     | $ | —                    |     | $ |          — |
| NMS  |     |   |                   — |     |   | —                    |     |   |          — |
| NOM  |     |   |             600,000 |     |   | —                    |     |   |    600,000 |
| NPV  |     |   |          18,950,000 |     |   | —                    |     |   | 18,950,000 |

Zero Coupon Securities: A zero coupon security does not pay a regular interest coupon to its holders during the life of the security. Income to the holder of the security comes from accretion of the difference between the original purchase price of the security at issuance and the par value of the security at maturity and is effectively paid at maturity. The market prices of zero coupon securities generally