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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nuveen Minnesota Quality Municipal Income Fund of Benef Interest

NMS | Fund

$11.86

$76 M

6.73%

$0.80

1.71%

Vitals

YTD Return

2.1%

1 yr return

10.8%

3 Yr Avg Return

3.8%

5 Yr Avg Return

-0.3%

Net Assets

$76 M

Holdings in Top 10

21.6%

52 WEEK LOW AND HIGH

$11.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.71%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 5.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nuveen Minnesota Quality Municipal Income Fund of Benef Interest

NMS | Fund

$11.86

$76 M

6.73%

$0.80

1.71%

NMS - Profile

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 3.8%
  • 5 Yr Annualized Total Return -0.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.30%
DIVIDENDS
  • Dividend Yield 6.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen Minnesota Quality Municipal Income Fund of Benef Interest
  • Fund Family Name
    Nuveen
  • Inception Date
    Oct 06, 2014
  • Shares Outstanding
    5784711
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher Drahn

Fund Description

NMS - Performance

Return Ranking - Trailing

Period NMS Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -0.8% 14.7% 7.20%
1 Yr 10.8% 1.9% 27.1% 1.80%
3 Yr 3.8%* 1.1% 23.8% 22.68%
5 Yr -0.3%* -3.5% 7.1% 86.92%
10 Yr 2.0%* 0.1% 250.2% 22.16%

* Annualized

Return Ranking - Calendar

Period NMS Return Category Return Low Category Return High Rank in Category (%)
2025 -3.8% -26.4% 12.1% 95.70%
2024 -3.6% -6.2% 34.9% 94.91%
2023 2.6% -1.4% 41.0% 57.33%
2022 -19.3% -39.7% 0.3% 94.34%
2021 -0.6% -5.6% 55.0% 52.78%

Total Return Ranking - Trailing

Period NMS Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -0.8% 14.7% 7.20%
1 Yr 10.8% 1.9% 27.1% 1.80%
3 Yr 3.8%* 1.1% 23.8% 22.68%
5 Yr -0.3%* -3.5% 7.1% 86.92%
10 Yr 2.0%* 0.1% 250.2% 22.16%

* Annualized

Total Return Ranking - Calendar

Period NMS Return Category Return Low Category Return High Rank in Category (%)
2025 3.4% -2.1% 17.0% 59.86%
2024 2.2% -1.8% 34.9% 46.38%
2023 6.3% 2.1% 41.0% 39.30%
2022 -15.7% -39.7% 1.1% 93.46%
2021 3.5% -4.8% 23761504.0% 14.40%

NAV & Total Return History

NMS - Holdings

Concentration Analysis

NMS Category Low Category High NMS % Rank
Net Assets 76 M 4.18 M 87.7 B 92.10%
Number of Holdings 163 4 15641 71.28%
Net Assets in Top 10 29.8 M -317 M 4.4 B 81.48%
Weighting of Top 10 21.60% 1.2% 130.7% 27.68%

Top 10 Holdings

  1. ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV 4% 3.08%
  2. WESTERN MINN MUN PWR AGY MINN PWR SUPPLY REV 5% 2.98%
  3. DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5% 2.50%
  4. DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5% 2.29%
  5. SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 0% 2.17%
  6. ST PAUL MINN PORT AUTH SOLID WASTE DISP REV 4.5% 1.93%
  7. ST PAUL MINN HSG & REDEV AUTH HEALTH CARE REV 4% 1.72%
  8. MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% 1.69%
  9. MINNESOTA ST 4% 1.67%
  10. MINNEAPOLIS MINN HEALTH CARE SYS REV 4% 1.66%

Asset Allocation

Weighting Return Low Return High NMS % Rank
Bonds 		99.82% 0.00% 150.86% 20.93%
Cash 		0.18% -50.86% 43.00% 78.32%
Stocks 		0.00% 0.00% 100.20% 89.89%
Preferred Stocks 		0.00% 0.00% 0.07% 87.94%
Other 		0.00% -1.59% 51.23% 86.29%
Convertible Bonds 		0.00% 0.00% 0.93% 87.82%

Bond Sector Breakdown

Weighting Return Low Return High NMS % Rank
Municipal 		99.82% 44.39% 100.00% 21.41%
Cash & Equivalents 		0.18% 0.00% 43.00% 50.68%
Derivative 		0.00% -0.35% 48.45% 86.15%
Securitized 		0.00% 0.00% 5.93% 87.89%
Corporate 		0.00% 0.00% 9.41% 88.61%
Government 		0.00% 0.00% 52.02% 88.39%

Bond Geographic Breakdown

Weighting Return Low Return High NMS % Rank
US 		99.46% 0.00% 135.36% 21.75%
Non US 		0.36% 0.00% 23.89% 7.04%

NMS - Expenses

Operational Fees

NMS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.71% 0.03% 3.74% 5.40%
Management Fee 0.35% 0.00% 1.20% 30.47%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.20% 0.01% 0.44% 89.24%

Sales Fees

NMS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

NMS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NMS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.00% 0.00% 283.00% 7.16%

NMS - Distributions

Dividend Yield Analysis

NMS Category Low Category High NMS % Rank
Dividend Yield 6.73% 0.00% 14.51% 97.49%

Dividend Distribution Analysis

NMS Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

NMS Category Low Category High NMS % Rank
Net Income Ratio 4.30% -0.53% 5.32% 2.10%

Capital Gain Distribution Analysis

NMS Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

NMS - Fund Manager Analysis

Managers

Christopher Drahn

Start Date

Tenure

Tenure Rank

Jan 23, 2014

8.36

8.4%

Chris manages tax-exempt fixed income portfolios, including the Short Term Municipal Bond, the Colorado Municipal Bond, the Minnesota Municipal Bond, the Minnesota Intermediate Municipal Bond and the Missouri Municipal Bond products and related institutional portfolios. He also oversees various closed-end funds.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.27 1.58

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