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Nuveen Minnesota Quality Municipal Income Fund (NMS) NPORT-PNuveen Minnesota Quality Municipal Income Fund (Aug 2023 report)

Filed: 26 Oct 23, 2:18pm

1

Nuveen

Minnesota

Quality

Municipal

Income

Fund

Portfolio

of

Investments

August

31,

2023

(Unaudited)

NMS

Principal

Amount

(000)

Description

(a)

Optional

Call

Provisions

(b)

Value

LONG-TERM

INVESTMENTS

-

167.6% (99.0%

of

Total

Investments)

X

119,867,086

MUNICIPAL

BONDS

-

167.6% (99.0%

of

Total

Investments)

X

119,867,086

Education

and

Civic

Organizations

-

35.5%

(21.0%

of

Total

Investments)

City

of

Ham

Lake,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

DaVinci

Academy

Project,Series

2016A:

$

500

4.000%,

7/01/28

7/24

at

102.00

$

477,745

50

5.000%,

7/01/36

7/24

at

102.00

48,073

250

Deephaven,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Eagle

Ridge

Academy

Project,

Series

2015A,

5.250%,

7/01/40

7/25

at

100.00

245,180

570

Forest

Lake,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Lakes

International

Language

Academy,

Series

2014A,

5.750%,

8/01/44

10/23

at

101.00

571,556

750

Forest

Lake,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Lakes

International

Language

Academy,

Series

2019A,

5.250%,

8/01/43

8/27

at

102.00

720,427

100

Greenwood,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Main

Street

School

of

Performing

Arts

Project,

Series

2016A,

5.000%,

7/01/47

7/26

at

100.00

81,114

2,200

Hugo,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Noble

Academy

Project,

Series

2014A,

5.000%,

7/01/44

7/24

at

100.00

1,983,718

1,575

Independence,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Beacon

Academy

Project,

Series

2016A,

5.000%,

7/01/46

7/26

at

100.00

1,337,175

Minneapolis,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Yinghua

Academy

Project,

Series

2013A:

300

6.000%,

7/01/33

10/23

at

100.00

300,132

1,425

6.000%,

7/01/43

10/23

at

100.00

1,425,157

Minnesota

Higher

Education

Facilities

Authority,

Revenue

Bonds,

Bethel

University,

Refunding

Series

2017:

500

5.000%,

5/01/37

5/27

at

100.00

475,710

2,000

5.000%,

5/01/47

5/27

at

100.00

1,774,180

Minnesota

Higher

Education

Facilities

Authority,

Revenue

Bonds,

Carleton

College,

Refunding

Series

2017:

1,580

4.000%,

3/01/42

3/27

at

100.00

1,524,005

1,165

5.000%,

3/01/44

3/27

at

100.00

1,201,651

1,000

Minnesota

Higher

Education

Facilities

Authority,

Revenue

Bonds,

Carleton

College,

Series

2023,

5.000%,

3/01/48

3/33

at

100.00

1,067,700

Minnesota

Higher

Education

Facilities

Authority,

Revenue

Bonds,

College

of

Saint

Scholastica,

Inc.,

Refunding

Series

2019:

500

4.000%,

12/01/34

12/29

at

100.00

475,175

425

4.000%,

12/01/40

12/29

at

100.00

369,231

305

Minnesota

Higher

Education

Facilities

Authority,

Revenue

Bonds,

College

of

St.

Benedict,

Series

2016-8K,

4.000%,

3/01/43

3/26

at

100.00

266,421

600

Minnesota

Higher

Education

Facilities

Authority,

Revenue

Bonds,

Macalester

College,

Refunding

Series

2017,

4.000%,

3/01/48

3/27

at

100.00

561,792

225

Minnesota

Higher

Education

Facilities

Authority,

Revenue

Bonds,

Saint

Catherine

University,

Refunding

Series

2018A,

5.000%,

10/01/45

10/28

at

100.00

224,228

140

Minnesota

Higher

Education

Facilities

Authority,

Revenue

Bonds,

Saint

Olaf

College,

Series

2021,

4.000%,

10/01/50

10/30

at

100.00

127,616

750

Minnesota

Higher

Education

Facilities

Authority,

Revenue

Bonds,

University

of

Saint

Thomas,

Series

2019,

5.000%,

10/01/33

10/29

at

100.00

809,550

Minnesota

Higher

Education

Facilities

Authority,

Revenue

Bonds,

University

of

Saint

Thomas,

Series

2022B:

2,125

5.000%,

10/01/39

10/30

at

100.00

2,219,541

710

4.125%,

10/01/41

10/30

at

100.00

672,846

400

5.000%,

10/01/47

10/30

at

100.00

410,788

705

Otsego,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Kaleidoscope

Charter

School

Project,

Series

2014A,

5.000%,

9/01/44

9/24

at

100.00

607,900

1,250

Saint

Paul

Housing

&

Redevelopment

Authority,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Community

of

Peace

Academy

Project,

Series

2019,

4.000%,

12/01/49

12/29

at

100.00

957,263

Nuveen

Minnesota

Quality

Municipal

Income

Fund

(continued)

Portfolio

of

Investments

August

31,

2023

(Unaudited)

2

NMS

Principal

Amount

(000)

Description

(a)

Optional

Call

Provisions

(b)

Value

Education

and

Civic

Organizations

(continued)

Saint

Paul

Housing

&

Redevelopment

Authority,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Twin

Cities

Academy

Project,

Series

2015A:

$

360

5.300%,

7/01/45

7/25

at

100.00

$

332,406

510

5.375%,

7/01/50

7/25

at

100.00

467,073

1,680

Saint

Paul

Housing

&

Redevelopment

Authority,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Twin

Cities

German

Immersion

School,

Series

2013A,

5.000%,

7/01/44

10/23

at

100.00

1,501,802

390

Saint

Paul

Housing

and

Redevelopment

Authority,

Minnesota,

Lease

Revenue

Bonds,

Saint

Paul

Conservatory

for

Performing

Artists

Charter

School

Project,

Series

2013A,

4.625%,

3/01/43

10/23

at

100.00

328,860

1,000

Savage,

Minnesota

Charter

School

Lease

Revenue

Bonds,

Aspen

Academy

Project,

Series

2016A,

5.000%,

10/01/41

10/26

at

100.00

885,500

St.

Paul

Housing

and

Redevelopment

Authority,

Minnesota,

Charter

School

Revenue

Bonds,

Higher

Ground

Academy

Charter

School,

Series

2018:

500

5.000%,

12/01/43

12/26

at

102.00

467,345

500

5.125%,

12/01/49

12/26

at

102.00

460,420

Total

Education

and

Civic

Organizations

25,379,280

Health

Care

-

35.4%

(20.9%

of

Total

Investments)

250

Chippewa

County,

Minnesota,

Gross

Revenue

Hospital

Bonds,

Montevideo

Hospital

Project,

Refunding

Series

2016,

4.000%,

3/01/32

3/26

at

100.00

243,977

180

City

of

Plato,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Glencoe

Regional

Health

Services

Project,

Series

2017,

5.000%,

4/01/41

4/27

at

100.00

181,289

Duluth

Economic

Development

Authority,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Essentia

Health

Obligated

Group,

Series

2018A:

100

4.250%,

2/15/43

2/28

at

100.00

92,835

1,400

5.000%,

2/15/43

2/28

at

100.00

1,413,734

5,050

5.000%,

2/15/53

2/28

at

100.00

5,031,668

430

Duluth

Economic

Development

Authority,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Saint

Luke's

Hospital

of

Duluth

Obligated

Group,

Series

2021A,

3.000%,

6/15/44

6/31

at

100.00

287,382

150

Duluth

Economic

Development

Authority,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Saint

Luke's

Hospital

of

Duluth

Obligated

Group,

Series

2022B,

5.250%,

6/15/47

6/32

at

100.00

149,638

Glencoe,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Glencoe

Regional

Health

Services

Project,

Series

2013:

400

4.000%,

4/01/27

10/23

at

100.00

390,696

230

4.000%,

4/01/31

10/23

at

100.00

222,985

500

Maple

Grove,

Minnesota,

Health

Care

Facilities

Revenue

Refunding

Bonds,

North

Memorial

Health

Care,

Series

2015,

4.000%,

9/01/35

9/25

at

100.00

465,930

Maple

Grove,

Minnesota,

Health

Care

Facility

Revenue

Bonds,

North

Memorial

Health

Care,

Series

2017:

200

5.000%,

5/01/31

5/27

at

100.00

206,264

165

5.000%,

5/01/32

5/27

at

100.00

169,559

Minneapolis,

Minnesota,

Health

Care

System

Revenue

Bonds,

Allina

Health

System,

Series

2021:

1,500

4.000%,

11/15/36

11/31

at

100.00

1,472,805

500

4.000%,

11/15/39

11/31

at

100.00

476,745

265

Minneapolis,

Minnesota,

Health

Care

System

Revenue

Bonds,

Fairview

Health

Services,

Series

2015A,

4.000%,

11/15/40

11/25

at

100.00

240,424

Minneapolis,

Minnesota,

Health

Care

System

Revenue

Bonds,

Fairview

Health

Services,

Series

2018A:

1,500

4.000%,

11/15/48

11/28

at

100.00

1,252,440

1,000

5.000%,

11/15/49

11/28

at

100.00

1,004,610

915

Rochester,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Mayo

Clinic,

Series

2018A,

4.000%,

11/15/48

5/28

at

100.00

861,756

Saint

Cloud,

Minnesota,

Health

Care

Revenue

Bonds,

CentraCare

Health

System,

Series

2016A:

1,000

4.000%,

5/01/37

5/26

at

100.00

974,160

675

5.000%,

5/01/46

5/26

at

100.00

680,056

3

Principal

Amount

(000)

Description

(a)

Optional

Call

Provisions

(b)

Value

Health

Care

(continued)

$

1,000

Saint

Cloud,

Minnesota,

Health

Care

Revenue

Bonds,

CentraCare

Health

System,

Series

2019,

5.000%,

5/01/48

5/29

at

100.00

$

1,018,040

3,920

Saint

Paul

Housing

and

Redevelopment

Authority,

Minnesota,

Health

Care

Facility

Revenue

Bonds,

HealthPartners

Obligated

Group,

Refunding

Series

2015A,

4.000%,

7/01/35

7/25

at

100.00

3,790,287

Saint

Paul

Housing

and

Redevelopment

Authority,

Minnesota,

Health

Care

Revenue

Bonds,

Fairview

Health

Services,

Series

2017A:

245

4.000%,

11/15/36

11/27

at

100.00

233,424

240

4.000%,

11/15/37

11/27

at

100.00

226,697

2,170

4.000%,

11/15/43

11/27

at

100.00

1,912,247

905

Saint

Paul

Port

Authority,

Minnesota,

Lease

Revenue

Bonds,

Regions

Hospital

Parking

Ramp

Project,

Series

2007-1,

5.000%,

8/01/36

10/23

at

100.00

905,118

Shakopee,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Saint

Francis

Regional

Medical

Center,

Refunding

Series

2014:

765

4.000%,

9/01/31

9/24

at

100.00

756,616

630

5.000%,

9/01/34

9/24

at

100.00

634,013

Total

Health

Care

25,295,395

Housing/Multifamily

-

2.2%

(1.3%

of

Total

Investments)

1,600

Coon

Rapids,

Minnesota,

Multifamily

Housing

Revenue

Bonds,

Tralee

Terrace

Apartments

Project,

Series

2010,

4.500%,

6/01/26

10/23

at

100.00

1,600,944

Total

Housing/Multifamily

1,600,944

Housing/Single

Family

-

0.1%

(0.1%

of

Total

Investments)

50

Minnesota

Housing

Finance

Agency,

Residential

Housing

Finance

Bonds,

Series

2013C,

3.900%,

7/01/43

10/23

at

100.00

48,166

20

Minnesota

Housing

Finance

Agency,

Residential

Housing

Finance

Bonds,

Series

2014C,

3.500%,

1/01/32

7/24

at

100.00

19,921

Total

Housing/Single

Family

68,087

Industrials

-

6.3%

(3.7%

of

Total

Investments)

Minneapolis,

Minnesota,

Limited

Tax

Supported

Development

Revenue

Bonds, Common

Bond

Fund

Series

2013-1:

1,400

4.500%,

6/01/33

12/23

at

100.00

1,404,970

600

4.750%,

6/01/39

12/23

at

100.00

603,258

2,650

Saint

Paul

Port

Authority,

Minnesota,

Solid

Waste

Disposal

Revenue

Bonds,

Gerdau

Saint

Paul

Steel

Mill

Project,

Series

2012-7,

4.500%,

10/01/37,

(AMT),

144A

10/23

at

100.00

2,537,826

Total

Industrials

4,546,054

Long-Term

Care

-

9.7%

(5.7%

of

Total

Investments)

805

Anoka,

Minnesota,

Health

Care

and

Housing

Facility

Revenue

Bonds,

The

Homestead

at

Anoka,

Inc.

Project,

Series

2014,

5.125%,

11/01/49

11/24

at

100.00

655,375

380

Center

City,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Hazelden

Betty

Ford

Foundation

Project,

Series

2014,

4.000%,

11/01/39

11/24

at

100.00

342,901

875

Cold

Spring,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Assumption

Home,

Inc.,

Refunding

Series

2013,

5.200%,

3/01/43

10/23

at

100.00

706,466

Columbus,

Minnesota,

Senior

Housing

Revenue

Bonds,

Richfield

Senior

Housing,

Inc.,

Refunding

Series

2015:

175

5.250%,

1/01/40

10/23

at

100.00

141,514

850

5.250%,

1/01/46

10/23

at

100.00

657,832

500

Dakota

County

Community

Development

Agency,

Minnesota,

Senior

Housing

Revenue

Bonds,

Walker

Highview

Hills

LLC

Project,

Refunding

Series

2016A,

5.000%,

8/01/51,

144A

10/23

at

100.00

445,625

750

Minneapolis,

Minnesota,

Senior

Housing

and

Healthcare

Revenue

Bonds,

Ecumen

?

Abiitan

Mill

City

Project, Series

2015,

5.250%,

11/01/45

10/23

at

100.00

653,332

215

Saint

Joseph,

Minnesota,

Senior

Housing

and

Healthcare

Revenue

Bonds,

Woodcrest

of

Country

Manor

Project,

Series

2019

A,

5.000%,

7/01/55

7/24

at

102.00

167,588

1,300

Saint

Louis

Park,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Mount

Olivet

Careview

Home

Project,

Series

2016B,

4.900%,

6/01/49

6/26

at

100.00

1,027,962

Nuveen

Minnesota

Quality

Municipal

Income

Fund

(continued)

Portfolio

of

Investments

August

31,

2023

(Unaudited)

4

NMS

Principal

Amount

(000)

Description

(a)

Optional

Call

Provisions

(b)

Value

Long-Term

Care

(continued)

$

500

Saint

Paul

Housing

and

Redevelopment

Authority

Minnesota,

Senior

Housing

and

Health

Care

Revenue

Bonds,

Episcopal

Homes

Project,

Series

2013,

5.125%,

5/01/48

10/23

at

100.00

$

404,025

Saint

Paul

Park,

Minnesota,

Senior

Housing

and

Health

Care

Revenue

Bonds,

Presbyterian

Homes

Bloomington

Project,

Refunding

Series

2017:

500

4.125%,

9/01/34

9/24

at

100.00

468,585

350

4.125%,

9/01/35

9/24

at

100.00

324,422

585

Sauk

Rapids,

Minnesota,

Health

Care

and

Housing

Facilities

Revenue

Bonds,

Good

Shepherd

Luthran

Home,

Refunding

Series

2013,

5.125%,

1/01/39

10/23

at

100.00

489,136

500

Wayzata,

Minnesota

Senior

Housing

Revenue

Bonds,

Folkestone

Senior

Living

Community,

Refunding

Series

2019,

5.000%,

8/01/49

8/24

at

102.00

463,715

Total

Long-Term

Care

6,948,478

Tax

Obligation/General

-

30.1%

(17.8%

of

Total

Investments)

Brainerd

Independent

School

District

181,

Crow

Wing

County,

Minnesota,

General

Obligation

Bonds,

Facilities

Maintenance

Series

2018D:

1,015

4.000%,

2/01/38

2/27

at

100.00

1,020,948

1,055

4.000%,

2/01/39

2/27

at

100.00

1,043,416

1,000

Brainerd

Independent

School

District

181,

Crow

Wing

County,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2018A,

4.000%,

2/01/42

2/27

at

100.00

976,490

1,020

Brooklyn

Center

Independent

School

District

286,

Minnesota,

General

Obligation

Bonds,

Series

2018A,

4.000%,

2/01/43

2/27

at

100.00

991,675

300

Circle

Pines

Independent

School

District

12,

Centennial,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2015A,

0.000%,

2/01/35

2/25

at

67.23

190,506

250

City

of

Rosemount,

Minnesota,

General

Obligation

Bonds,

Street

Reconstruction

and

Capital

Improvement

Plan

Series

2023A,

4.000%,

2/01/53

2/32

at

100.00

233,078

1,000

Cloquet

Independent

School

District

94,

Carlton

and

Sant

Louis

Counties,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2015B,

4.000%,

2/01/36

2/25

at

100.00

1,005,000

1,000

Corcoran,

Minnesota,

General

Obligation

Bonds,

Series

2023A,

4.000%,

2/01/48

-

BAM

Insured

2/31

at

100.00

951,020

500

Dover-Eyota

Independent

School

District

533,

Minnesota,

General

Obligation

Bonds,

School

Building

Facilities

Maintenance

Series

2023A,

4.000%,

2/01/44

2/31

at

100.00

483,350

540

Duluth

Independent

School

District

709,

Saint

Louis

County,

Minnesota,

General

Obligation

Bonds,

Capital

Appreciation

Series

2021C,

0.000%,

2/01/33

2/28

at

89.86

366,455

500

GFW

Independent

School

District

No.

2365,

Sibley,

Renville,

McLeod

and

Nicollet

Counties,

Minnesota,

General

Obligation

School

Building

Bonds,

Series

2023A,

5.000%,

2/01/48

2/31

at

100.00

525,320

1,000

Independent

School

District

621,

Mounds

View,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2018A,

4.000%,

2/01/42

2/27

at

100.00

985,340

Independent

School

District

No.

2397

(Le

Sueur-

Henderson),

Minnesota,

General

Obligation

School

Building

Bonds,

Series

2022A:

1,145

5.000%,

2/01/36

2/31

at

100.00

1,281,392

1,000

4.500%,

2/01/41

2/31

at

100.00

1,024,450

1,500

Maple

River

Independent

School

District

2135,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2020A,

4.000%,

2/01/50

2/30

at

100.00

1,397,400

1,345

Minneapolis,

Minnesota,

General

Obligation

Bonds,

Improvement

&

Various

Purpose

Series

2018,

4.000%,

12/01/40

12/26

at

100.00

1,346,533

325

Minnetonka

Independent

School

District

276,

Hennepin

County,

Minnesota,

General

Obligation

Bonds,

Facilities

Maintenance

Series

2023B,

5.000%,

2/01/40

2/32

at

100.00

350,782

1,000

Roseville

Independent

School

District

623,

Ramsey

County,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2018A,

4.000%,

2/01/34

2/27

at

100.00

1,025,080

5

Principal

Amount

(000)

Description

(a)

Optional

Call

Provisions

(b)

Value

Tax

Obligation/General

(continued)

$

1,000

Round

Lake-Brewster

Independent

School

District

2907,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2023A,

4.000%,

2/01/42

2/32

at

100.00

$

966,000

1,000

Saint

James

Independent

School

District

840,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2015B,

4.000%,

2/01/45

2/26

at

100.00

1,000,270

1,000

Saint

Louis

Park

Independent

School

District

283,

Hennepin

County,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2022A,

5.000%,

2/01/36

2/31

at

100.00

1,117,140

1,000

Sartell

Independent

School

District

748,

Stearns

County,

Minnesota,

General

Obligation

Bonds,

School

Building

Capital

Appreciation

Series

2016B,

0.000%,

2/01/39

2/25

at

62.98

480,110

800

Sartell,

Minnesota,

General

Obligation

Bonds,

Series

2022A,

4.000%,

2/01/43

2/30

at

100.00

771,608

1,500

Sibley

East

Independent

School

District

2310,

Sibley,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2015A,

4.000%,

2/01/40

2/25

at

100.00

1,493,100

500

West

Saint

Paul-Mendota

Heights-Eagan

Independent

School

District

197,

Dakota

County,

Minnesota,

General

Obligation

Bonds,

School

Buidling

Series

2018A,

4.000%,

2/01/39

2/27

at

100.00

501,935

Total

Tax

Obligation/General

21,528,398

Tax

Obligation/Limited

-

16.8%

(9.9%

of

Total

Investments)

1,000

Anoka-Hennepin

Independent

School

District

11,

Minnesota,

Certificates

of

ParticIpation,

Series

2015A,

4.000%,

2/01/41

10/23

at

100.00

935,550

500

Elbow

Lake

Economic

Development

Authority,

Minnesota,

Lease

Revenue

Bonds,

Grant

County

Public

Project,

Series

2023A,

5.000%,

12/15/44

12/32

at

100.00

484,525

125

Minneapolis,

Minnesota,

Tax

Increment

Revenue

Bonds,

Grant

Park

Project,

Refunding

Series

2015,

4.000%,

3/01/30

10/23

at

100.00

120,521

500

Minneapolis,

Minnesota,

Tax

Incriment

Revenue

Bonds,

Ivy

Tower

Project,

Series

2015,

5.000%,

3/01/29

3/24

at

100.00

500,205

200

Minnesota

Housing

Finance

Agency,

Housing

Infrastructure

State

Appropriation

Bonds,

Series

2017A,

4.000%,

8/01/35

8/27

at

100.00

204,772

500

Minnesota

Housing

Finance

Agency,

Housing

Infrastructure

State

Appropriation

Bonds,

Series

2018D,

4.000%,

8/01/39

8/28

at

100.00

489,375

1,000

Minnesota

Housing

Finance

Agency,

Housing

Infrastructure

State

Appropriation

Bonds,

Series

2022A,

5.000%,

8/01/40

8/32

at

100.00

1,068,680

2,230

Minnesota

Housing

Finance

Agency,

Nonprofit

Housing

Bonds,

State

Appropriation

Series

2011,

5.000%,

8/01/31

10/23

at

100.00

2,232,855

1,000

New

London

Economic

Development

Authority,

Minnesota,

Lease

Revenue

Bonds,

SWWC

Service

Cooperative

Lease

With

Option

to

Purchase

Project,

Public

Series

2023,

4.500%,

2/01/33

2/28

at

100.00

988,630

1,000

Northeast

Metropolitan

Intermediate

School

District

916,

White

Bear

Lake,

Minnesota,

Certificates

of

Particpation,

Series

2015A,

3.750%,

2/01/36

2/25

at

100.00

977,560

750

Northeast

Metropolitan

Intermediate

School

District

916,

White

Bear

Lake,

Minnesota,

Certificates

of

Particpation,

Series

2015B,

4.000%,

2/01/42

2/25

at

100.00

714,225

Saint

Cloud

Independent

School

District

742,

Stearns

County,

Minnesota,

Certificates

of

Participation,

Saint

Cloud

Area

Public

Schools,

Series

2017A:

145

5.000%,

2/01/32

2/25

at

100.00

147,701

500

4.000%,

2/01/38

2/25

at

100.00

495,595

Saint

Paul

Housing

and

Redevelopment

Authority,

Minnesota,

Multifamily

Housing

Revenue

Bonds,

2700

University

at

Westgate

Station,

Series

2015B:

455

4.875%,

4/01/30

10/23

at

100.00

450,823

895

5.250%,

4/01/43

10/23

at

100.00

842,786

800

Saint

Paul,

Minnesota,

Sales

Tax

Revenue

Bonds,

Series

2014G,

3.750%,

11/01/33

11/24

at

100.00

800,464

635

Zumbro

Education

District

6012,

Minnesota,

Certificates

of

Participation

Series

2021A,

4.000%,

2/01/41

2/31

at

100.00

563,213

Total

Tax

Obligation/Limited

12,017,480

Nuveen

Minnesota

Quality

Municipal

Income

Fund

(continued)

Portfolio

of

Investments

August

31,

2023

(Unaudited)

6

NMS

Principal

Amount

(000)

Description

(a)

Optional

Call

Provisions

(b)

Value

Transportation

-

9.1%

(5.4%

of

Total

Investments)

Minneapolis-St.

Paul

Metropolitan

Airports

Commission,

Minnesota,

Airport

Revenue

Bonds,

Refunding

Subordinate

Lien

Series

2019A:

$

300

5.000%,

1/01/39

7/29

at

100.00

$

316,224

500

5.000%,

1/01/44

7/29

at

100.00

519,840

250

5.000%,

1/01/49

7/29

at

100.00

258,305

2,000

Minneapolis-St.

Paul

Metropolitan

Airports

Commission,

Minnesota,

Airport

Revenue

Bonds,

Refunding

Subordinate

Lien

Series

2019B,

5.000%,

1/01/49,

(AMT)

7/29

at

100.00

2,030,440

1,600

Minneapolis-St.

Paul

Metropolitan

Airports

Commission,

Minnesota,

Airport

Revenue

Bonds,

Senior

Lien

Series

2016C,

5.000%,

1/01/41

1/27

at

100.00

1,641,792

500

Minneapolis-St.

Paul

Metropolitan

Airports

Commission,

Minnesota,

Airport

Revenue

Bonds,

Subordinate

Lien

Series

2022A,

5.000%,

1/01/52

1/32

at

100.00

521,125

1,175

Minneapolis-St.

Paul

Metropolitan

Airports

Commission,

Minnesota,

Airport

Revenue

Bonds,

Subordinate

Lien

Series

2022B,

5.250%,

1/01/47,

(AMT)

1/32

at

100.00

1,222,517

Total

Transportation

6,510,243

U.S.

Guaranteed

-

5.9%

(3.5%

of

Total

Investments)

(c)

Hermantown

Independent

School

District

700,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2015A:

940

0.000%,

2/01/37,

(Pre-refunded

2/01/24)

2/24

at

56.07

519,529

1,075

0.000%,

2/01/38,

(Pre-refunded

2/01/24)

2/24

at

53.49

566,729

1,500

Mankato

Independent

School

District

77,

Nicollet

and

Le

Sueur

Counties,

Minnesota,

General

Obligation

Bonds,

School

Building

Series

2014A,

4.000%,

2/01/30,

(Pre-refunded

2/01/24)

2/24

at

100.00

1,503,015

580

St.

Paul

Housing

and

Redevelopment

Authority,

Minnesota,

Hospital

Revenue

Bonds,

HealthEast

Inc.,

Series

2015A,

5.000%,

11/15/44,

(Pre-

refunded

11/15/25)

11/25

at

100.00

600,491

1,000

Western

Minnesota

Municipal

Power

Agency,

Minnesota,

Power

Supply

Revenue

Bonds,

Series

2014A,

4.000%,

1/01/40,

(Pre-refunded

1/01/24)

1/24

at

100.00

1,002,140

Total

U.S.

Guaranteed

4,191,904

Utilities

-

16.5%

(9.7%

of

Total

Investments)

415

Guam

Government

Waterworks

Authority,

Water

and

Wastewater

System

Revenue

Bonds,

Series

2016,

5.000%,

1/01/46

7/26

at

100.00

415,585

30

Guam

Government

Waterworks

Authority,

Water

and

Wastewater

System

Revenue

Bonds,

Series

2020A,

5.000%,

1/01/50

7/30

at

100.00

29,860

500

Minnesota

Municipal

Power

Agency,

Electric

Revenue

Bonds,

Refunding

Series

2014A,

4.000%,

10/01/33

10/24

at

100.00

503,415

965

Minnesota

Municipal

Power

Agency,

Electric

Revenue

Bonds,

Series

2016,

5.000%,

10/01/35

10/26

at

100.00

1,001,149

1,200

Rochester,

Minnesota,

Electric

Utility

Revenue

Bonds,

Refunding

Series

2017A,

5.000%,

12/01/47

12/26

at

100.00

1,226,232

655

Saint

Paul

Port

Authority,

Minnesota,

District

Energy

Revenue

Bonds,

Series

2021-1.

501

C3,

4.000%,

10/01/41

10/27

at

100.00

599,843

Southern

Minnesota

Municipal

Power

Agency,

Power

Supply

System

Revenue

Bonds,

Series

1994A:

3,070

0.000%,

1/01/24

-

NPFG

Insured

No

Opt.

Call

3,033,283

100

0.000%,

1/01/26

-

NPFG

Insured

No

Opt.

Call

91,587

4,700

Western

Minnesota

Municipal

Power

Agency,

Minnesota,

Power

Supply

Revenue

Bonds,

Series

2018A,

5.000%,

1/01/49

7/28

at

100.00

4,879,869

Total

Utilities

11,780,823

Total

Municipal

Bonds

(cost

$124,470,154)

119,867,086

Total

Long-Term

Investments

(cost

$124,470,154)

119,867,086

7

Part

F

of

Form

N-PORT

was

prepared

in

accordance

with

U.S.

generally

accepted

accounting

principles

(“U.S.

GAAP”)

and

in

conformity

with

the

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission

(“SEC”)

related

to

interim

filings.

Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report

pursuant

to

the

rules

of

the

SEC.

For

a

full

set

of

the

Fund’s

notes

to

financial

statements,

please

refer

to

the

Fund’s

most

recently

filed

annual

or

semi-annual

report.

Fair

Value

Measurements

The

Fund’s

investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Board

of

Directors/

Trustees.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

which

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management’s

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels.

Level

1

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

2

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

3

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management’s

assumptions

in

determining

the

fair

value

of

investments).

The

following

table

summarizes

the

market

value

of

the

Fund's

investments

as

of

the

end

of

the

reporting

period,

based

on

the

inputs

used

to

value

them:

Principal

Amount

(000)

Description

(a)

Optional

Call

Provisions

(b)

Value

SHORT-TERM

INVESTMENTS

-

1.7%(1.0%

of

Total

Investments)

X

1,200,000

MUNICIPAL

BONDS

-

1.7% (1.0%

of

Total

Investments)

X

1,200,000

Health

Care

-

1.7%

(1.0%

of

Total

Investments)

Minneapolis,

Minnesota,

Health

Care

System

Revenue

Bonds,

Fairview

Health

Services,

Series

2018A:

$

1,200

2.300%,

11/15/48,

(Mandatory

Put

9/08/23)

(d)

9/23

at

100.00

$

1,200,000

Total

Health

Care

1,200,000

Total

Municipal

Bonds

(cost

$1,200,000)

1,200,000

Total

Short-Term

Investments

(cost

$1,200,000)

1,200,000

Total

Investments

(cost

$125,670,154)

-

169.3%

121,067,086

AMTP

Shares,

Net

-

(69.6)%

(e)

(

49,774,418

)

Other

Assets

&

Liabilities,

Net

-

0.3%

211,783

Net

Assets

Applicable

to

Common

Shares

-

100%

$

71,504,451

Level

1

Level

2

Level

3

Total

Long-Term

Investments:

Municipal

Bonds

$

–

$

119,867,086

$

–

$

119,867,086

Short-Term

Investments:

Municipal

Bonds

–

1,200,000

–

1,200,000

Total

$

–

$

121,067,086

$

–

$

121,067,086

(a)

All

percentages

shown

in

the

Portfolio

of

Investments

are

based

on

net

assets

applicable

to

common

shares

unless

otherwise

noted.

(b)

Optional

Call

Provisions:

Dates

(month

and

year)

and

prices

of

the

earliest

optional

call

or

redemption.

There

may

be

other

call

provisions

at

varying

prices

at

later

dates.

Certain

mortgage-backed

securities

may

be

subject

to

periodic

principal

paydowns.

(c)

Backed

by

an

escrow

or

trust

containing

sufficient

U.S.

Government

or

U.S.

Government

agency

securities,

which

ensure

the

timely

payment

of

principal

and

interest.

(d)

Investment

has

a

maturity

of

greater

than

one

year,

but

has

variable

rate

and/or

demand

features

which

qualify

it

as

a

short-term

investment.

The

rate

disclosed,

as

well

as

the

reference

rate

and

spread,

where

applicable,

is

that

in

effect

as

of

the

end

of

the

reporting

period.

This

rate

changes

periodically

based

on

market

conditions

or

a

specified

market

index.

(e)

AMTP

Shares,

Net

as

a

percentage

of

Total

Investments

is

41.1%

144A

Investment

is

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

investments

may

only

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

AMT

Alternative

Minimum

Tax

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