XMNSX: Nuveen MN Quality Muni Inc

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XMNSX Nuveen MN Quality Muni Inc

  • Fund
  • XMNSX
  • Price as of: Jan 17, 2020
  • $15.57
    - $0.00 - 0.00%

Profile

XMNSX - Profile

Vitals

  • YTD Return 0.8%
  • 3 Yr Annualized Return 1.8%
  • 5 Yr Annualized Return -0.4%
  • Net Assets $89.3 M
  • Holdings in Top 10 20.9%

52 WEEK LOW AND HIGH

$15.57
$14.35
$15.67

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.75%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 30.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Closed-end mutual fund
  • Investment Style Muni Minnesota

Distributions

  • YTD Total Return 0.8%
  • 3 Yr Annualized Total Return 1.8%
  • 5 Yr Annualized Total Return -0.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.25%
DIVIDENDS
  • Dividend Yield 1.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen Minnesota Quality Municipal Income Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Jun 25, 1993
  • Shares Outstanding
    5782386
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher Drahn

Fund Description

N/A


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Categories

Performance

XMNSX - Performance

Return Ranking - Trailing

Period XMNSX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% 0.0% 1.5% 35.90%
1 Yr 8.2% 0.1% 11.7% 8.97%
3 Yr 1.8%* -1.0% 7.6% 32.47%
5 Yr -0.4%* -1.2% 5.9% 75.32%
10 Yr N/A* -0.6% 6.2% 1.32%

* Annualized

Return Ranking - Calendar

Period XMNSX Return Category Return Low Category Return High Rank in Category (%)
2019 7.1% 0.0% 8.0% 6.67%
2018 -4.7% -4.8% 7.4% 98.67%
2017 3.5% -6.5% 3.5% 1.35%
2016 -6.4% -6.4% -1.1% 100.00%
2015 -0.7% -4.7% 0.6% 78.38%

Total Return Ranking - Trailing

Period XMNSX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% 0.0% 1.5% 35.90%
1 Yr 8.2% 0.1% 11.7% 7.69%
3 Yr 1.8%* -1.0% 7.6% 29.87%
5 Yr -0.4%* -1.2% 5.9% 79.22%
10 Yr N/A* -0.6% 6.2% 1.32%

* Annualized

Total Return Ranking - Calendar

Period XMNSX Return Category Return Low Category Return High Rank in Category (%)
2019 7.1% 0.0% 8.5% 6.67%
2018 -4.7% -4.8% 7.3% 98.67%
2017 3.5% -6.5% 3.5% 1.35%
2016 -6.4% -6.4% -1.1% 100.00%
2015 -0.7% -4.7% 0.6% 78.38%

NAV & Total Return History


Holdings

XMNSX - Holdings

Concentration Analysis

XMNSX Category Low Category High XMNSX % Rank
Net Assets 89.3 M 55.7 M 1.76 B 85.90%
Number of Holdings 161 49 564 53.25%
Net Assets in Top 10 29.8 M 9.28 M 336 M 74.03%
Weighting of Top 10 20.94% 10.2% 42.5% 41.56%

Top 10 Holdings

  1. ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV 4% 3.04%
  2. WESTERN MINN MUN PWR AGY MINN PWR SUPPLY REV 5% 3.00%
  3. DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5% 2.72%
  4. SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 0% 2.04%
  5. ST PAUL MINN PORT AUTH SOLID WASTE DISP REV 4.5% 1.93%
  6. ST PAUL MINN HSG & REDEV AUTH HEALTH CARE REV 4% 1.67%
  7. MINNESOTA ST HSG FIN AGY 5% 1.66%
  8. DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5% 1.66%
  9. HUGO MINN CHARTER SCH LEASE REV 5% 1.62%
  10. MINNESOTA ST HIGHER ED FACS AUTH REV 5% 1.60%

Asset Allocation

Weighting Return Low Return High XMNSX % Rank
Bonds
99.46% 17.56% 139.76% 34.62%
Other
0.48% -7.55% 26.55% 24.68%
Cash
0.06% -40.79% 82.44% 81.82%
Stocks
0.00% 0.00% 0.00% 70.51%
Preferred Stocks
0.00% 0.00% 0.00% 70.13%
Convertible Bonds
0.00% 0.00% 0.00% 70.13%

Bond Sector Breakdown

Weighting Return Low Return High XMNSX % Rank
Municipal
99.94% 17.56% 100.92% 22.08%
Cash & Equivalents
0.06% 0.00% 82.44% 81.82%
Derivative
0.00% 0.00% 0.00% 70.13%
Securitized
0.00% 0.00% 11.28% 70.13%
Corporate
0.00% -1.04% 0.47% 68.83%
Government
0.00% -2.21% 0.13% 68.83%

Bond Geographic Breakdown

Weighting Return Low Return High XMNSX % Rank
US
99.12% 17.56% 132.28% 2.60%
Non US
0.34% 0.00% 22.85% 92.21%

Expenses

XMNSX - Expenses

Operational Fees

XMNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.75% 0.33% 2.75% 1.30%
Management Fee 0.35% 0.30% 0.80% 7.69%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.20% 0.10% 0.30% 60.00%

Sales Fees

XMNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 4.75% N/A
Deferred Load N/A 1.00% 3.00% N/A

Trading Fees

XMNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XMNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 30.00% 4.67% 67.00% 82.05%

Distributions

XMNSX - Distributions

Dividend Yield Analysis

XMNSX Category Low Category High XMNSX % Rank
Dividend Yield 0.97% 0.00% 2.41% 21.79%

Dividend Distribution Analysis

XMNSX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XMNSX Category Low Category High XMNSX % Rank
Net Income Ratio 4.25% 1.05% 4.59% 7.79%

Capital Gain Distribution Analysis

XMNSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

XMNSX - Fund Manager Analysis

Managers

Christopher Drahn


Start Date

Tenure

Tenure Rank

Jan 23, 2014

5.94

5.9%

Chris manages tax-exempt fixed income portfolios, including the Short Term Municipal Bond, the Colorado Municipal Bond, the Minnesota Municipal Bond, the Minnesota Intermediate Municipal Bond and the Missouri Municipal Bond products and related institutional portfolios. He also oversees various closed-end funds.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.11 29.18 5.85 0.11