Frequently Asked Questions About NMS

What are the top holdings of NMS?

A machine-readable holdings disclosure for Nuveen Minnesota Quality Municipal Income Fund (NMS) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does NMS invest in?

Nuveen Minnesota Quality Municipal Income Fund (NMS) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is NMS most exposed to?

NMS's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is NMS a US-only fund?

The country allocation card on this page shows NMS's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does NMS invest in?

The Nuveen Minnesota Quality Municipal Income Fund (NMS) operates as a closed-end mutual fund, focusing on fixed income assets, initially launched by Nuveen Investments, Inc. Its management responsibilities are jointly handled by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund primarily allocates its capital within the fixed income markets across the United States. A core part of its strategy involves investing in investment-grade municipal bonds that provide exemptions from regular federal and Minnesota personal income taxes. To ensure quality, the fund targets securities with a credit rating of at least Baa/BBB or better, as assessed by S&P, Moody's, or Fitch. This fund, formerly recognized as the Nuveen Minnesota Municipal Income Fund, was established on June 25, 1993, and is domiciled in the United States.

NMS

Nuveen Minnesota Quality Municipal Income Fund

NYSE·Asset Management, Income · Financial Services

$10.51$0.01−0.10%

After hours·$10.51+0.00%

Market closed·Oct 30 4:00 PM EDT

Portfolio as of May 31, 2026, from the fund's SEC Form N-PORT filing. Funds disclose holdings quarterly, with a ~60-day publication delay. Weights are percent of the fund's net assets, and NMS uses leverage, so its long positions add up to more than 100%. Sector breakdowns aren't part of this filing, so none is shown.

Top Holdings

142

holdings

26444CHE5
Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A
6.65%
958697KL7
Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Series 2018A
4.26%
60412PFX3
Minnesota Municipal Power Agency, Electric Revenue Bonds, Series 2016
3.68%
79307RAB0
Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7
3.42%
792905DJ7
Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A
3.41%
60416JGF1
Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2022B
3.27%
090808CD6
Bird Island-Olivia-Lake Lillian Independent School District 2534, Minnesota, General Obligation Bonds, School Building Series 2024A
3.05%
60415N6N7
Minnesota Housing Finance Agency, Nonprofit Housing Bonds, State Appropriation Series 2011
2.94%
444584AK2
Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble Academy Project, Series 2014A
2.82%
60416JHN3
Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Series 2023
2.73%
Other
132 more holdings
127.04%

Top 10 holdings

36.22%

Top 25 holdings

68.59%

Concentration index

0.0119

Effective holdings

Chart tools

Open Top Holdings in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

All Holdings (142)

#	TickerHolding	Name	Weight	Shares	Market Value
1	26444CHE526444CHE5Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A	Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A	6.65%	5.05M	$5.05M
2	958697KL7958697KL7Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Series 2018A	Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Series 2018A	4.26%	3.20M	$3.24M
3	60412PFX360412PFX3Minnesota Municipal Power Agency, Electric Revenue Bonds, Series 2016	Minnesota Municipal Power Agency, Electric Revenue Bonds, Series 2016	3.68%	2.80M	$2.80M
4	79307RAB079307RAB0Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7	Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7	3.42%	2.65M	$2.60M
5	792905DJ7792905DJ7Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A	Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A	3.41%	2.60M	$2.59M
6	60416JGF160416JGF1Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2022B	Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2022B	3.27%	2.45M	$2.49M
7	090808CD6090808CD6Bird Island-Olivia-Lake Lillian Independent School District 2534, Minnesota, General Obligation Bonds, School Building Series 2024A	Bird Island-Olivia-Lake Lillian Independent School District 2534, Minnesota, General Obligation Bonds, School Building Series 2024A	3.05%	2.21M	$2.32M
8	60415N6N760415N6N7Minnesota Housing Finance Agency, Nonprofit Housing Bonds, State Appropriation Series 2011	Minnesota Housing Finance Agency, Nonprofit Housing Bonds, State Appropriation Series 2011	2.94%	2.23M	$2.23M
9	444584AK2444584AK2Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble Academy Project, Series 2014A	Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble Academy Project, Series 2014A	2.82%	2.20M	$2.14M
10	60416JHN360416JHN3Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Series 2023	Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Series 2023	2.73%	2.00M	$2.07M
11	603827F35603827F35Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B	Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B	2.64%	2.00M	$2.01M
12	792909FL2792909FL2Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A	Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A	2.64%	2.17M	$2.01M
13	78916VDV978916VDV9Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2019	Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2019	2.23%	1.68M	$1.70M
14	425507QE3425507QE3Hennepin County, Minnesota, General Obligation Bonds, Series 2024A	Hennepin County, Minnesota, General Obligation Bonds, Series 2024A	2.18%	1.50M	$1.66M
15	60389WAR560389WAR5Minnesota Agricultural and Economic Development, Health Care System Revenue Bonds, Fairview Health Services, Series 2026A	Minnesota Agricultural and Economic Development, Health Care System Revenue Bonds, Fairview Health Services, Series 2026A	2.15%	1.54M	$1.64M
16	852297AM2852297AM2Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities German Immersion School, Series 2013A	Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities German Immersion School, Series 2013A	2.14%	1.68M	$1.63M
17	604140XX6604140XX6Minnesota State, Certificates of Participation, State Office Building Project, Series 2023	Minnesota State, Certificates of Participation, State Office Building Project, Series 2023	2.14%	1.50M	$1.63M
18	646565AE1646565AE1New London Economic Development Authority, Minnesota, Lease Revenue Bonds, SWWC Service Cooperative Lease With Option to Purchase Project, Public Seri	New London Economic Development Authority, Minnesota, Lease Revenue Bonds, SWWC Service Cooperative Lease With Option to Purchase Project, Public Seri	2.12%	1.60M	$1.61M
19	603827ZA7603827ZA7Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C	Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C	2.12%	1.60M	$1.61M
20	60414HAS560414HAS5Minnesota Department of Iron Range Resource and Rehabilitation, Revenue Bonds, Series 2024A	Minnesota Department of Iron Range Resource and Rehabilitation, Revenue Bonds, Series 2024A	2.11%	1.50M	$1.61M

Showing 20 of 142

Sectors

The fund issuer's factsheet may carry this breakdown directly.

Countries

Domicile

United States · 163.26%

Asset Classes

Primary asset class

Fixed income

Strategy

Actively Managed

Income strategy

Bond yield

Issuer-reported asset class: Bond

Frequently Asked Questions About NMS

What are the top holdings of NMS?: A machine-readable holdings disclosure for Nuveen Minnesota Quality Municipal Income Fund (NMS) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
What sectors does NMS invest in?: Nuveen Minnesota Quality Municipal Income Fund (NMS) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
What sector is NMS most exposed to?: NMS's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
Is NMS a US-only fund?: The country allocation card on this page shows NMS's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
What does NMS invest in?: The Nuveen Minnesota Quality Municipal Income Fund (NMS) operates as a closed-end mutual fund, focusing on fixed income assets, initially launched by Nuveen Investments, Inc. Its management responsibilities are jointly handled by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund primarily allocates its capital within the fixed income markets across the United States. A core part of its strategy involves investing in investment-grade municipal bonds that provide exemptions from regular federal and Minnesota personal income taxes. To ensure quality, the fund targets securities with a credit rating of at least Baa/BBB or better, as assessed by S&P, Moody's, or Fitch. This fund, formerly recognized as the Nuveen Minnesota Municipal Income Fund, was established on June 25, 1993, and is domiciled in the United States.

TickerHolding

Name

Weight

Market Value

26444CHE526444CHE5Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A

Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A

6.65%

5.05M

$5.05M

958697KL7958697KL7Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Series 2018A

Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Series 2018A

4.26%

3.20M

$3.24M

60412PFX360412PFX3Minnesota Municipal Power Agency, Electric Revenue Bonds, Series 2016

Minnesota Municipal Power Agency, Electric Revenue Bonds, Series 2016

3.68%

2.80M

$2.80M

79307RAB079307RAB0Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7

Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7

3.42%

2.65M

$2.60M

792905DJ7792905DJ7Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A

Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A

3.41%

2.60M

$2.59M

60416JGF160416JGF1Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2022B

Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2022B

3.27%

2.45M

$2.49M

090808CD6090808CD6Bird Island-Olivia-Lake Lillian Independent School District 2534, Minnesota, General Obligation Bonds, School Building Series 2024A

Bird Island-Olivia-Lake Lillian Independent School District 2534, Minnesota, General Obligation Bonds, School Building Series 2024A

3.05%

2.21M

$2.32M

60415N6N760415N6N7Minnesota Housing Finance Agency, Nonprofit Housing Bonds, State Appropriation Series 2011

Minnesota Housing Finance Agency, Nonprofit Housing Bonds, State Appropriation Series 2011

2.94%

2.23M

$2.23M

444584AK2444584AK2Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble Academy Project, Series 2014A

Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble Academy Project, Series 2014A

2.82%

2.20M

$2.14M

60416JHN360416JHN3Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Series 2023

Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Series 2023

2.73%

2.00M

$2.07M

603827F35603827F35Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B

Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B

2.64%

2.00M

$2.01M

792909FL2792909FL2Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A

Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A

2.64%

2.17M

$2.01M

78916VDV978916VDV9Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2019

Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2019

2.23%

1.68M

$1.70M

425507QE3425507QE3Hennepin County, Minnesota, General Obligation Bonds, Series 2024A

Hennepin County, Minnesota, General Obligation Bonds, Series 2024A

2.18%

1.50M

$1.66M

60389WAR560389WAR5Minnesota Agricultural and Economic Development, Health Care System Revenue Bonds, Fairview Health Services, Series 2026A

Minnesota Agricultural and Economic Development, Health Care System Revenue Bonds, Fairview Health Services, Series 2026A

2.15%

1.54M

$1.64M

852297AM2852297AM2Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities German Immersion School, Series 2013A

Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities German Immersion School, Series 2013A

2.14%

1.68M

$1.63M

604140XX6604140XX6Minnesota State, Certificates of Participation, State Office Building Project, Series 2023

Minnesota State, Certificates of Participation, State Office Building Project, Series 2023

2.14%

1.50M

$1.63M

646565AE1646565AE1New London Economic Development Authority, Minnesota, Lease Revenue Bonds, SWWC Service Cooperative Lease With Option to Purchase Project, Public Seri

New London Economic Development Authority, Minnesota, Lease Revenue Bonds, SWWC Service Cooperative Lease With Option to Purchase Project, Public Seri

2.12%

1.60M

$1.61M

603827ZA7603827ZA7Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C

Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C

2.12%

1.60M

$1.61M

60414HAS560414HAS5Minnesota Department of Iron Range Resource and Rehabilitation, Revenue Bonds, Series 2024A

Minnesota Department of Iron Range Resource and Rehabilitation, Revenue Bonds, Series 2024A

2.11%

1.50M

$1.61M