Nuveen Minnesota Quality Municipal Income Fund (NMS)NMSNuveen Minnesota Quality Municipal Income Fund

Financials

Quarterly Income Statement (USD)

Quarterly Report	TTM	11/30/2025	05/31/2025	11/30/2024	05/31/2024	11/30/2023	05/31/2023	11/30/2022	05/31/2022
Revenue	7.444M	2.725M	-626K	2.656M	2.688M	1.268M	2.238M	1.098M	1.359M
Cost of Goods Sold	2.937M	407K	1.696M	423K	411K	393K	410K	416K	441K
Gross Profit	4.507M	2.318M	-2.322M	2.233M	2.277M	875K	1.828M	682K	918K
Gross Profit Margin	85.1%	85.1%	371.1%	84.1%	84.7%	69.0%	81.7%	62.1%	67.6%
Total Operating Expenses	-3.774M	-3.940M	3.518M	-3.352M	0.52	-2.423M	-288K	4.219M	9.849M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	-3.352M	0.00	0.00	-3.352M	0.52	0.00	0.00	0.00	0.00
Operating Income (EBIT)	8.509M	6.259M	-5.839M	5.585M	2.505M	439K	1.136M	-4.204M	-8.930M
Operating Margin	229.7%	229.7%	933.4%	210.3%	93.2%	34.6%	50.7%	-382.8%	-657.0%
Income Before Tax (EBT)	6.515M	5.365M	-4.788M	4.533M	1.405M	0.08	0.20	-0.73	-9.243M
Interest Income	5.243M	2.738M	—	—	2.505M	—	—	—	—
Interest Expense	894K	894K	—	—	—	1.628M	980K	668K	313K
Other Income/Expense	-4.113M	-894K	-1.067M	-1.051M	-1.100M	-1.119M	-980K	-668K	-313K
Net Income	6.515M	5.365M	-4.788M	4.533M	1.405M	5.787M	5.787M	5.787M	-9.243M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.08	0.20	-0.73	0.00
Net Profit Margin	196.9%	196.9%	765.3%	170.7%	52.3%	456.5%	258.5%	526.9%	-680.0%
EBITDA	9.914M	6.259M	-5.839M	5.585M	3.910M	877K	2.272M	-4.204M	-8.859M
EBITDA Margin	229.7%	229.7%	933.4%	210.3%	145.5%	69.2%	101.5%	-382.8%	-651.7%
Depreciation & Amortization	1.405M	0.00	0.00	0.00	1.405M	439K	1.136M	0.00	71K
EPS Basic	1.07	0.87	-0.82	0.78	0.24	5787058.00	5787058.00	5787058.00	-1.60
EPS Diluted	1.07	0.87	-0.82	0.78	0.24	-1119409.00	-980183.00	-667505.00	-1.60
Shares Outstanding	6.146M	6.146M	5.811M	5.798M	5.787M	5.787M	5.787M	5.787M	5.785M
Diluted Shares Outstanding	6.146M	6.146M	5.811M	5.798M	5.787M	5.787M	5.787M	5.787M	5.785M

Annual Income Statement (USD)

Annual Report	05/31/2025	05/31/2024	05/31/2023	05/31/2022	05/31/2021	05/31/2020	05/31/2019	05/31/2018
Revenue	2.030M	3.956M	-2.912M	-7.586M	8.347M	1.306M	6.586M	2.253M
Cost of Goods Sold	2.119M	797K	828K	906K	919K	923K	898K	946K
Gross Profit	-89K	3.159M	-3.740M	-8.492M	7.428M	383K	5.689M	1.307M
Gross Profit Margin	-4.4%	79.8%	128.4%	111.9%	89.0%	29.3%	86.4%	58.0%
Total Operating Expenses	166K	140K	157K	132K	136K	151K	143K	304K
Research & Development	0.00	0.00	-0.92	-1.92	1.53	0.22	1.17	0.32
Selling, General & Administrative	151K	123K	139K	116K	122K	136K	127K	289K
Operating Income (EBIT)	-255K	3.019M	-3.068M	-7.152M	8.741M	2.319M	7.778M	2.862M
Operating Margin	-12.5%	76.3%	105.4%	94.3%	104.7%	177.7%	118.1%	127.0%
Income Before Tax (EBT)	-255K	1.844M	-3.068M	-7.718M	8.211M	1.154M	6.443M	1.950M
Interest Income	5.428M	5.446M	5.330M	—	—	—	—	—
Interest Expense	2.119M	2.220M	1.648M	566K	531K	1.165M	1.335M	913K
Other Income/Expense	-2.119M	-1.175M	-1.648M	-566K	-531K	-1.165M	898K	0.00
Net Income	-255K	1.844M	-3.068M	-7.718M	8.211M	1.154M	6.443M	1.950M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	-161K	2.862M
Net Profit Margin	-12.5%	46.6%	105.4%	101.7%	98.4%	88.4%	97.8%	86.5%
EBITDA	-255K	3.019M	-2.840M	-6.915M	8.948M	2.491M	7.939M	2.915M
EBITDA Margin	-12.5%	76.3%	97.5%	91.2%	107.2%	190.8%	120.5%	129.4%
Depreciation & Amortization	0.00	0.00	228K	237K	206K	172K	161K	53K
EPS Basic	-0.04	0.32	-0.53	-1.33	1.42	0.20	1.11	0.34
EPS Diluted	-0.04	0.32	-0.53	-1.33	1.42	0.20	1.11	0.33
Shares Outstanding	5.798M	5.787M	5.787M	5.785M	5.783M	5.782M	5.782M	5.792M
Diluted Shares Outstanding	5.798M	5.787M	5.787M	5.785M	5.783M	5.782M	5.782M	5.908M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Nuveen Minnesota Quality Municipal Income Fund

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.

Chicago, IL

www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NMS

Financial Services / Asset Management - Income

Sector: Financial Services
Industry: Asset Management - Income
CEO: Christopher L. Drahn

View full financials

About Nuveen Minnesota Quality Municipal Income Fund

Chicago, IL

www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NMS

Financial Services / Asset Management - Income

Sector: Financial Services
Industry: Asset Management - Income
CEO: Christopher L. Drahn

View full financials