Nuveen Minnesota Quality Municipal Income Fund (NMS)
Nuveen Minnesota Quality Municipal Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $11.57, up 0.39% on the session, giving a market capitalisation of $74.2M. On trailing twelve-month figures it carries a trailing P/E of 9.98, a net margin of 130.7%. Its beta of 0.44 implies it has historically moved less than the broad market.
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.
Nuveen Minnesota Quality Municipal Income Fund is most often compared with the following Financial Services names: