Total Return:13.67%(TTM)
Over the latest trailing 12-month period, total return cagr is +13.67%. The comparable SPY value is +20.46%. Year-to-date total return is +5.79%. Total return includes price appreciation and reinvested dividends.
Growth of $10,000 in NMS
$14,373
(1.4x return)
Invested on Oct 8, 2014
Growth of $10,000 in SPY (S&P 500)
$46,081
(4.6x return)
Invested on Oct 8, 2014
Hypothetical Growth of $10,000
This chart illustrates the cumulative performance of a hypothetical $10,000 investment. It assumes that all dividends paid by both the stock and SPY are reinvested in additional shares on the payment date, showing the true long-term compounding impact of distributions.
Recent Performance Indicators
YTD Total Return
+5.8%
1-Year Total Return
+13.7%
Current Dividend Yield
6.30%
Price CAGR vs. Total Return CAGR
Compound Annual Growth Rate (CAGR) is shown below. The difference between price CAGR and total return CAGR is the compound contribution of dividends reinvested.
| Holding Period | Price CAGR | Total Return CAGR | Dividend Addition |
|---|---|---|---|
| 1 Year | +6.2% | +13.7% | +7.5% |
| 3 Years | +2.6% | +9.2% | +6.6% |
| 5 Years | (5.8%) | (0.7%) | +5.2% |
| 10 Years | (3.2%) | +1.7% | +4.9% |
| 15 Years | — | — | — |
| 20 Years | — | — | — |
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