Company: NAZ
Filing Date: 2025-04-18
Form Type: 424B5
Source: 0001999371-25-004421
Chunk: 11

Company: NUVEEN ARIZONA QUALITY MUNICIPAL INCOME FUND
Filing Date: 2025-04-18
Form: 424B5
Chunk 11
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 Distribution Agreement will terminate upon the earlier of (i) the sale of all Common Shares subject thereto or (ii) termination of the Distribution Agreement. The Fund and Nuveen Securities each have the right to terminate the Distribution Agreement in its discretion at any time.

Virtu Americas, its affiliates and their respective employees hold or may hold in the future, directly or indirectly, investment interests in Nuveen, Nuveen Fund Advisors, TIAA, or any of their affiliates or funds. The interests held by employees of Virtu Americas, or its affiliates are not attributable to, and no investment discretion is held by, Virtu Americas, or its affiliates.

The principal business address of Nuveen Securities is 333 West Wacker Drive, Chicago, Illinois 60606.

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### CAPITALIZATION
The Fund may offer
and sell up to 1,200,000 of its Common Shares, $0.01 par value per share, from time to time through Virtu Americas,
as sub-placement agent under this Prospectus Supplement and the accompanying prospectus. There is no guarantee that there
will be any sales of the Common Shares pursuant to this Prospectus Supplement and the accompanying prospectus. The table below
assumes that the Fund will sell 1,200,000 of its Common Shares at a price of $ 11.79 per share (which represents the last reported sales price per share of the Common Shares on the NYSE on April 14, 2025). Actual
sales, if any, of the Common Shares under this Prospectus Supplement and the accompanying prospectus may be greater or less than
$11.79 per share, depending on the market price of the Common Shares at the time of any such sale.

The following table
sets forth the Fund’s capitalization (1) on a historical basis as of April 14, 2025; and (2) on a pro forma basis as
adjusted to reflect the assumed sale of 1,200,000 Common Shares at $ 11.79 per share (the last reported price per share of the Common Shares on the NYSE on April 14, 2025), in an offering under this
Prospectus Supplement and the accompanying prospectus, after deducting the assumed commission of $141,480  (representing an estimated
commission to Nuveen Securities of 1.00% of the gross proceeds of the sale of Common Shares, out of which Nu