Company: NAZ
Filing Date: 2025-11-06
Form Type: N-CSR
Source: 0001193125-25-269465
Chunk: 11

Company: NUVEEN ARIZONA QUALITY MUNICIPAL INCOME FUND
Filing Date: 2025-11-06
Form: N-CSR
Chunk 11
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). COMMON SHARE EQUITY SHELF PROGRAMS During the current reporting period, NAZ, NKX, NAC and NAN were authorized by the Securities and Exchange Commission to issue additional common shares through an equity shelf program (Shelf Offering). Under these programs, NAZ, NKX, NAC and NAN, 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 the Fund’s NAV per common share. The maximum aggregate offering under these Shelf Offerings, are as shown in the accompanying table.

|                            |     |       NAZ |     |       NKX |     |        NAC |     |       NAN |
| Maximum aggregate offering |     | 1,200,000 |     | 4,800,000 |     | 14,500,000 |     | 3,100,000 |

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

|                                                       |     |     NAZ |     |       NKX |     |       NAC |     |     NAN |
| Common shares sold through shelf offering             |     | 490,326 |     | 2,040,416 |     | 1,006,029 |     | 166,880 |
| Weighted average premium to NAV per common share sold |     |   4.97% |     |     1.51% |     |     1.41% |     |   0.87% |

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 August 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.

|                                                    |     |       NAZ |     |       NKX |     |       NCA |     |        NAC |     |       NXJ |
| Common shares cumulatively repurchased and retired |     |   133