Company: NMS
Filing Date: 2025-08-06
Form Type: N-CSR
Source: 0001193125-25-174309
Chunk: 46

Company: Nuveen Minnesota Quality Municipal Income Fund
Filing Date: 2025-08-06
Form: N-CSR
Chunk 46
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 relative to those of the other Funds. A Fund may effect draws on the facility in excess of its designated capacity if and to the extent that other Participating Funds have undrawn capacity. The credit facility expires in June 2026 unless extended or renewed. The credit facility has the following terms: 0.15% per annum on unused commitment amounts and a drawn interest rate equal to the higher of (a) OBFR (Overnight Bank Funding Rate) plus 1.20% per annum or (b) the Fed Funds Effective Rate plus 1.20% per annum on amounts borrowed. Interest expense incurred by the Participating Funds, when applicable, is recognized as a component of “Interest expense and amortization of offering costs” on the Statement of Operations. Participating Funds paid administration, legal and arrangement fees, which are recognized as a component of “Interest expense and amortization of offering costs” on the Statement of Operations, and along with commitment fees, have been allocated among such Participating Funds based upon the relative proportions of the facility’s aggregate capacity reserved for them and other factors deemed relevant by the Adviser and the Board of each Participating Fund. During the current fiscal period, the following Funds utilized this facility. Each Fund’s maximum outstanding balance during the utilization period was as follows:

| Fund |     |   |     Maximum 
 Outstanding 
     Balance |
|:-----|:----|:--|------------:|
| NMT  |     | $ |   2,860,264 |
| NMS  |     |   |   1,851,715 |
| NOM  |     |   |      78,286 |
| NPV  |     |   |   2,620,676 |

During the Funds’ utilization period(s) during the current fiscal period, the average daily balance outstanding and average annual interest rate on the Borrowings were as follows: 66

| Fund |     |  Utilization 
 Period (Days 
 Outstanding) |     |   |       Average 
 Daily Balance 
   Outstanding |     | Average Annual 
  Interest Rate |
|:-----|:----|-------------:|:----|:--|--------------:|:----|---------------:|
| NMT  |     |            6 |     | $ |       987,982 |     |          6.11% |
| NMS  |     |            5 |     |   |       937,853 |     |           6.13 |