The market capitalization for Nuveen Minnesota Quality Municipal Income Fund (NMS) is $74.78 Million, making it a Micro Cap company. Market cap is calculated by multiplying the current stock price by the total number of shares outstanding.
Market Capitalization
$74.78M
$74.78 Million
Calculation
- Stock Price
- $12.00
- Shares Outstanding
- 6.23M
- Market Cap
- $74.78M
Market Cap = Price × Shares Outstanding
Size Classification
Micro Cap
Under $250M
Companies with market capitalization below $250 million.
Market Cap Size Scale
Micro Cap
<$250M
Small Cap
$250M-$2B
Mid Cap
$2B-$10B
Large Cap
$10B-$1T
Mega Cap
>$1T
Related Valuation Metrics
Key Statistics
| Market Cap | $74.78 Million |
| Stock Price | $12.00 |
| Shares Outstanding | 6.23M |
| Size Category | Micro Cap |
| P/E Ratio | 11.21 |
| P/B Ratio | 1.00 |
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.
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Christopher L. Drahn