Nuveen Quality Municipal Income Fund: Wells Fargo holds 11.76%
The amended ownership figures attribute 11.76% of the class to each reporting person, with shared voting and dispositive power.
Rhea-AI Filing Summary
Nuveen Quality Municipal Income Fund redeemed 500 MuniFund Preferred Shares held by Wells Fargo Municipal Capital Strategies, LLC on September 23, 2026. Wells Fargo & Company and Wells Fargo Municipal Capital Strategies, LLC each report beneficial ownership of 1,738 shares, representing 11.76% of the class. Both report shared voting and dispositive power over the shares.
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Insights
Analyzing...
Key Figures
Shares redeemed: 500 MuniFund Preferred Shares
Beneficially owned shares: 1,738 shares
Class ownership: 11.76%
3 metrics
Shares redeemed
500 MuniFund Preferred Shares
Redeemed by Nuveen Quality Municipal Income Fund on September 23, 2026
Beneficially owned shares
1,738 shares
Reported by each Wells Fargo reporting person
Class ownership
11.76%
Reported by each Wells Fargo reporting person
Key Terms
beneficially owned, shared voting power, shared dispositive power
3 terms
beneficially owned financial
"Aggregate amount beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
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AI-generated analysis. How Rhea-AI works. Not financial advice.