Nuveen Massachusetts Quality Municipal Income Fund (NMT) is asking shareholders to elect four Class II Board Members at its virtual annual meeting on December 10, 2026. Holders of Preferred Shares also vote on two Board Member seats reserved for them. The Board unanimously recommends voting FOR each nominee. Shareholders of record on October 5, 2026 are entitled to vote, and the elections require a plurality of votes cast.
NMT’s classified Board structure could delay replacement of a majority of Board Members by up to two years. Effective January 1, 2026, Independent Board Members’ annual retainer is $355,000, compared with $350,000 before that date; the Board Chair’s annual retainer is $160,000, compared with $150,000.
Nuveen Massachusetts Quality Municipal Income Fund (NMT) revised the use-of-proceeds terms for Common Shares issued under its prospectus supplement. The Fund currently anticipates being able to invest substantially all net proceeds in investments that meet its objective and policies within approximately three months of receiving them. Pending investment, proceeds are anticipated to be invested in U.S. Government and agency or instrumentality securities, or high-quality, short-term money market instruments; the Fund may also use proceeds to pay shareholder distributions.
NUVEEN MASSACHUSETTS QUALITY MUNICIPAL INCOME FUND (NMT) reported an initial ownership filing by Margot Kleinman, identified as a Portfolio Manager. The filing lists no reportable holdings or transactions in the fund’s securities as of the filing date.
NUVEEN MASSACHUSETTS QUALITY MUNICIPAL INCOME FUND (NMT) filed an initial beneficial ownership report on Form 3 for Parth Doshi. Doshi is identified as a VP but is not listed as a director, officer, or ten percent owner for reporting purposes, and no securities positions or transactions are reported in this filing.
Nuveen’s state-specific municipal closed-end funds reported solid fiscal-year results for the 12 months ended May 31, 2026. Nuveen Massachusetts Quality Municipal Income Fund (NMT) returned 9.58% at NAV versus 6.73% for the S&P Municipal Bond Massachusetts Index. Nuveen Minnesota Quality Municipal Income Fund (NMS) returned 10.24% versus 6.55% for its Minnesota benchmark, and Nuveen Virginia Quality Municipal Income Fund (NPV) returned 10.54% versus 6.53% for its Virginia benchmark.
All three funds continued their monthly distribution programs, with total common-share distributions of $0.7890 (NMT), $0.8190 (NMS) and $0.8010 (NPV) over the period. Market distribution yields at period-end were 6.02% for NMT, 7.21% for NMS and 6.79% for NPV, with higher taxable-equivalent yields for investors in high tax brackets.
The funds employed substantial leverage, with effective leverage ratios around 39–40%, amplifying income and volatility. During the year, NMT, NMS and NPV raised additional equity through SEC-authorized shelf offerings, selling common shares at premiums to NAV, and the Board reauthorized open-market share repurchase programs of up to approximately 10% of outstanding common shares. The Board also approved proposed mergers of NMS and NPV into Nuveen Municipal Credit Income Fund, pending shareholder approval, and adopted a revised 80% investment-grade municipal “Assets” policy effective July 31, 2026.
Nuveen Massachusetts Quality Municipal Income Fund is offering up to 1,100,000 common shares. The prospectus supplement (dated June 5, 2026) describes an at-the-market distribution through Nuveen Securities and sub-placement via Virtu Americas, with sales limited to a minimum price equal to NAV plus distributor commission.
The filing reports a $11.20 NAV and a $12.92 closing market price on June 2, 2026 (a 15.36% premium). Estimated net proceeds assuming sale at the last reported market price total $14,055,880. The fund had 10,252,893 Common Shares outstanding as of June 2, 2026.
Nuveen Massachusetts Quality Municipal Income Fund files a post-effective amendment to register up to 4,400,000 common shares, preferred shares and/or subscription rights for one or more continuous or delayed offerings.
The prospectus states the Fund’s objective is current income exempt from federal and Massachusetts personal income taxes through investments in Massachusetts municipal obligations. The cover shows Common Shares listed on NYSE under “NMT,” a May 27, 2026 closing market price of $12.68 and NAV of $11.10. The Fund had 10,252,893 Common Shares outstanding and net assets applicable to Common Shares of $113,818,366 on May 27, 2026. Offerings will be described in prospectus supplements, and use of proceeds will follow stated investment objectives.
Nuveen Massachusetts Quality Municipal Income Fund is filing a shelf registration under Form N-2 to offer up to [__] common shares, preferred shares and/or subscription rights on an immediate, continuous or delayed basis, subject to completion. The Fund trades on the NYSE under the symbol NMT and discloses it uses leverage (including outstanding VRDP Preferred Shares) as part of its investment strategy. The prospectus describes distribution policy (monthly cash distributions that may include return of capital), principal investment objective (massachusetts tax-exempt municipal obligations), management fees and sub-advisory arrangements, portfolio turnover (18% for year ended May 31, 2025; 7% for six months ended November 30, 2025), and certain governance provisions including trustee classes, preferred-share voting rights, and anti-takeover and forum-selection provisions.
NUVEEN MASSACHUSETTS QUALITY MUNICIPAL INCOME FUND filed an initial insider ownership statement for executive officer Joseph Castro, who serves as EVP, Chief Risk & Compliance. The provided data show no insider share purchase, sale, acquisition, or disposition transactions reported in this filing.