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Nuveen Minnesota Fund redeems 20 preferred shares

The Series 2028 shares were redeemed for the liquidation preference plus accumulated but unpaid dividends.

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Form Type
4

Rhea-AI Filing Summary

Nuveen Minnesota Quality Municipal Income Fund (NMS) redeemed 20 Adjustable Rate MuniFund Term Preferred Shares, Series 2028, held by Banc of America Preferred Funding Corporation, on October 13, 2026. The redemption price was the liquidation preference plus accumulated but unpaid dividends. Banc of America Preferred Funding Corp. and its parent, Bank of America Corporation, each reported as a ten-percent owner, reported the disposition; the reported position after the transaction was 478 shares.

Insider BANK OF AMERICA CORP /DE/, Banc of America Preferred Funding Corp
Role 10% Owner | 10% Owner
Type Security Shares Price Value
Other Adjustable Rate MuniFund Term Preferred Shares F1, F2, F3 20 -- --
Holdings After Transaction: Adjustable Rate MuniFund Term Preferred Shares — 478 shares (Indirect, See Footnotes)
Footnotes (3)
  1. F1. The 20 Adjustable Rate MuniFund Term Preferred Shares - Series 2028, ("AMTP Shares") reported as disposed of in Table I represent shares that were beneficially owned by Banc of America Preferred Funding Corporation ("BAPFC"). The 20 AMTP Shares held by BAPFC were redeemed by the Issuer on October 13, 2026, as described in the Notice of Intention to Redeem Securities, N-23C-2, filed by the Issuer with the SEC on May 1, 2026, and the redemption notice provided by the Issuer to shareholders, for a redemption price of the liquidation preference and accumulated but unpaid dividends. BAPFC is a wholly owned subsidiary of Bank of America Corporation.
  2. F2. This statement is jointly filed by Bank of America Corporation and BAPFC. Bank of America Corporation held an indirect interest in the securities listed in Table I by virtue of its indirect ownership of BAPFC.
  3. F3. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
Shares redeemed 20 shares Series 2028 shares redeemed on October 13, 2026
Reported position after transaction 478 shares Following the October 13, 2026 disposition
Transaction date October 13, 2026 Redemption date
liquidation preference financial
"redemption price of the liquidation preference"
A liquidation preference is a rule that determines who gets paid first and how much they receive when a company is sold, goes bankrupt, or distributes its assets. It gives certain investors a priority claim—often returning their original investment plus any agreed multiple—before other owners receive money, which shapes how much common shareholders and founders ultimately get; think of it as a front-of-the-line pass that affects payout order and investor returns.
accumulated but unpaid dividends financial
"liquidation preference and accumulated but unpaid dividends"
indirect interest financial
"held an indirect interest in the securities listed"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NMS preferred shares were redeemed?

Banc of America Preferred Funding Corporation held the 20 Series 2028 shares that Nuveen Minnesota Quality Municipal Income Fund redeemed on October 13, 2026, at the liquidation preference plus accumulated but unpaid dividends.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BANK OF AMERICA CORP /DE/

(Last)(First)(Middle)
BANK OF AMERICA CORPORATE CENTER
100 N TRYON ST

(Street)
CHARLOTTE NORTH CAROLINA 28255

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Nuveen Minnesota Quality Municipal Income Fund [ NMS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Adjustable Rate MuniFund Term Preferred Shares10/13/2026J20D(1)478ISee Footnotes(1)(2)(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
BANK OF AMERICA CORP /DE/

(Last)(First)(Middle)
BANK OF AMERICA CORPORATE CENTER
100 N TRYON ST

(Street)
CHARLOTTE NORTH CAROLINA 28255

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Banc of America Preferred Funding Corp

(Last)(First)(Middle)
214 NORTH TRYON STREET

(Street)
CHARLOTTE NORTH CAROLINA 28255

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. The 20 Adjustable Rate MuniFund Term Preferred Shares - Series 2028, ("AMTP Shares") reported as disposed of in Table I represent shares that were beneficially owned by Banc of America Preferred Funding Corporation ("BAPFC"). The 20 AMTP Shares held by BAPFC were redeemed by the Issuer on October 13, 2026, as described in the Notice of Intention to Redeem Securities, N-23C-2, filed by the Issuer with the SEC on May 1, 2026, and the redemption notice provided by the Issuer to shareholders, for a redemption price of the liquidation preference and accumulated but unpaid dividends. BAPFC is a wholly owned subsidiary of Bank of America Corporation.
2. This statement is jointly filed by Bank of America Corporation and BAPFC. Bank of America Corporation held an indirect interest in the securities listed in Table I by virtue of its indirect ownership of BAPFC.
3. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
BANK OF AMERICA CORP /DE/ By Its: Authorized Signatory /s/ Andres Ortiz10/15/2026
BANC OF AMERICA PREFERRED FUNDING CORPORATION By Its: Authorized Signatory /s/ Andres Ortiz10/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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