NYSE · Asset Management · USD

Nuveen Minnesota Quality Municipal Income Fund (NMS) Stock Analysis

Nuveen Minnesota Quality Municipal Income Fund (NMS) is a Asset Management stock listed on NYSE and quoted in US Dollar.

NMS

$10.58

+$0.01 (+0.09%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NMS Key Statistics

As of Sep 4, 2026

Trading

Open: $10.58
Previous Close: $10.57
Day's Range: 10.57–10.63
52-Week Range: 10.50–12.50
Volume: 24.00K

Valuation

Market Cap: $67.81M
P/E Ratio: 9.12
EPS (ttm): 1.16

Financials (FY)

Revenue (FY): −$88.51K−104.46%
Net Income (FY): −$254.62K−113.81%
Profit margin: 0.00%
Shares Outstanding: 6.41M
1-Year Return: −0.69%

Dividend and dates

Dividend: $0.76+7.15%
Ex-Dividend Date: August 14, 2026
Avg Volume: 22.50K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

NMS Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+25.72%−21.86%−6.22%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−6.22%
2025	+2.15%
2024	+19.62%
2023	+1.57%
2022	−21.86%
2021	+5.51%
2020	+5.84%
2019	+25.72%
2018	−13.31%
2017	−1.56%
2016 (partial year)	−7.20%

As of September 4, 2026.

NMS Revenue and Earnings by Fiscal Year

FY ends May

RevenueNet income

2021202220232024

Fiscal year	Revenue	Net income	Net margin
2024	−$88.51K	−$254.62K	287.7%
2023	$1.98M	$1.84M	92.9%
2022	−$2.91M	−$3.07M	105.4%
2021	−$7.59M	−$7.72M	101.7%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2024	−$88.51K	—	—	−$254.62K	287.7%
2023	$1.98M	—	—	$1.84M	92.9%
2022	−$2.91M	—	—	−$3.07M	105.4%
2021	−$7.59M	—	—	−$7.72M	101.7%

Annual figures as reported, in the company's reporting currency. As of May 31, 2025.

NMS Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.86+14.7% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.52	8	—
2025	$0.86	12	+14.7%
2024	$0.75	12	+69.7%
2023	$0.44	12	−25.6%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.52	8	—
2025	$0.86	12	+14.7%
2024	$0.75	12	+69.7%
2023	$0.44	12	−25.6%
2022	$0.59	12	−6.6%
2021	$0.64	12	+8.2%
2020	$0.59	12	−0.7%
2019	$0.59	12	−11.5%
2018	$0.67	12	−13.0%
2017	$0.77	12	+184.8%
2016	$0.27	4	—

Most recent payment: $0.07 per share, ex-dividend August 14, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NMS Valuation vs Asset Management Median

Median of 561 stocks

Metric	NMS	Asset Management median	vs median
P/E	9.12	10.34	12% below
Profit margin	0.00%	24.09%	24.1 pts below

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Nuveen Minnesota Quality Municipal Income Fund (NMS) is capitalised at $67.81M on the latest close. The company sits in the Financial Services sector, in the Asset Management industry.

Over the past 52 weeks the price has ranged from $10.50 to $12.50. NMS last closed at $10.58 on September 4, 2026. That is +$0.01 (+0.09%) against the previous close. The latest close sits 0.76% above that 52-week low.

Financial Health

Fiscal 2024 revenue came to −$88.51K. Against the prior fiscal year total of $1.98M, that is a change of −104.46%. The same year closed with a net loss of $254.62K. The reported profit margin is 0%. That is 24.1 percentage points below the Asset Management median of 24.09%. Trailing earnings per share are 1.16.

Across the 4 fiscal years on file, revenue moves from −$7.59M in 2021 to −$88.51K in 2024. Of those 4 years, 1 report positive net income.

Valuation Assessment

NMS trades at a trailing price-to-earnings ratio of 9.12. That is 11.8% below the Asset Management median of 10.34. The medians here are taken across 561 Asset Management companies that report the metric.

Annualized volatility over the trailing 10 years is 14.56%. The trailing one-year price return is −0.69%. Across 10 years the annualized return works out at +0.10%.

Growth & Income

NMS pays a dividend yielding 7.15%. That is 1 percentage points below the Asset Management median yield of 8.11%. The indicated annual rate is $0.76 a share. The ex-dividend date on file is August 14, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.52 a share. The year before, 2025, totalled $0.86 a share.

2026 is still running; the price is −6.22% year to date. Across the complete calendar years on file, 2019 returned +25.72% and 2022 returned −21.86%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Nuveen Minnesota Quality Municipal Income Fund (NMS) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Nuveen Minnesota Quality Municipal Income Fund	NMS	$67.81M	9.1
BlackRock, Inc.	BLK	$182.35B	26.9
Blackstone Inc.	BX	$162.74B	30.5
KKR & Co. Inc.	KKR	$99.50B	34.4

The Asset Management industry average P/E ratio is 10.3x. Nuveen Minnesota Quality Municipal Income Fund trades at a P/E of 9.1.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Nuveen Minnesota Quality Municipal Income Fund

Nuveen Minnesota Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes. It seeks to invest in securities that are rated at least Baa/BBB or better by S&P, Moody's, or Fitch. The fund was formerly known as Nuveen Minnesota Municipal Income Fund. Nuveen Minnesota Quality Municipal Income Fund was formed on June 25, 1993 and is domiciled in the United States.

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