Nuveen Quality Municipal Income Fund (the Fund) is a diversified closed-end management investment company. The Fundâs investment objectives are to provide current income exempt from regular federal income tax and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal securities that the Fundâs investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued. The Fund generally invests in municipal securities with long-term maturities in order to maintain an average effective maturity of 15-30 years, including the effects of leverage, but the average effective maturity of obligations held by the Fund may be lengthened or shortened as a result of portfolio transactions effected by the Fundâs investment adviser and/or sub-adviser. Nuveen Fund Advisors, LLC acts as the Fundâs investment adviser. Nuveen Asset Management, LLC (NAM) acts as the Funds sub-advisor.
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