Nuveen NJ Quality Muni Inc SEC Filings

Nuveen New Jersey, Pennsylvania, and Missouri municipal funds are asking shareholders to approve mergers into Nuveen Municipal High Income Opportunity Fund and to elect board members. Each Target Fund would combine with a subsidiary of the Acquiring Fund, and common and preferred shares would convert into newly issued Acquiring Fund shares.

Boards cite potential benefits for common shareholders such as higher net earnings from greater use of lower rated bonds, a larger, nationally diversified portfolio, better trading liquidity, and in one case lower operating expenses. New Jersey and Pennsylvania funds expect somewhat higher operating expenses but a broader mandate. All Target Fund shareholders would lose their state income tax exemption because the combined fund is national, and credit risk would increase due to higher permitted allocations to lower rated securities.

Preferred holders would receive new preferred shares on a one‑for‑one basis with substantially similar terms, but without state tax gross‑up features. The mergers are intended to qualify as tax‑free reorganizations, and the adviser will waive part of its fee for six months after closing. Meetings are scheduled in Chicago, with an expected merger date around February 9, 2026, if all approvals and conditions are met.

Nuveen New Jersey (NXJ), Pennsylvania (NQP) and Missouri (NOM) Quality Municipal Income Funds are asking shareholders to approve mergers into Nuveen Municipal High Income Opportunity Fund. Common and preferred shares of each Target Fund would convert into newly issued common and preferred shares of the Acquiring Fund, while shareholders also vote on electing board members.

After the mergers, investors would move from single‑state, mostly investment‑grade portfolios with state and federal tax‑exempt income to a national fund that seeks high current income and may invest up to 75% of managed assets in lower‑rated municipal bonds, with distributions generally not exempt from New Jersey, Pennsylvania or Missouri income tax. Boards expect similar total operating expenses, with pro forma total annual expenses for common shareholders shown at 3.51% versus 3.85% for New Jersey, 3.75% for Pennsylvania and 4.93% for Missouri Municipal, and the adviser will waive part of its fee for six months after closing. Each merger is intended to qualify as a tax‑free reorganization under Section 368(a), so shareholders generally would not recognize gain or loss except on cash received for fractional common shares, although pre‑merger income and capital gain distributions may be taxable.

Nuveen New Jersey Quality Municipal Income Fund (NXJ) disclosed an initial insider ownership report. A fund officer (VP and Treasurer) filed a Form 3 effective 09/10/2025, stating no securities are beneficially owned.

This is a routine administrative filing that establishes the insider’s reporting status and indicates no current holdings in NXJ at the time of the event.

NUVEEN NEW JERSEY QUALITY MUNICIPAL INCOME FUND (NXJ) Form 3 filed for Kristen Dejong reports the reporting person is a Portfolio Manager and that no securities are beneficially owned as of the event date. The filing indicates the report was made on 09/18/2025 and that the Form 3 was submitted by one reporting person. The document includes a signature executed under power of attorney by Mark L. Winget. The address for the reporting person is shown as 333 W. Wacker Drive, Suite 2900, Chicago, IL 60606.