NUM - Dividend announcements

NEW YORK--(BUSINESS WIRE)--Two Nuveen Closed-End Funds announced pre-merger distributions. The specific distribution dates and amounts are detailed below. As previously announced, the shareholders of Nuveen Michigan Quality Municipal Income Fund (NYSE: NUM) have approved the fund’s reorganization into Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA). The pre-merger distribution for each fund being acquired is intended to fully distribute the acquired fund’s accumulated undistributed net investment income (UNII) prior to the reorganization going effective. As previously announced, following the transactions, the surviving fund, NEA, is expected to declare an additional post

NEW YORK--(BUSINESS WIRE)--Shareholders of the Nuveen Michigan Quality Municipal Income Fund (NYSE: NUM) have approved the fund’s reorganization into Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA). Subject to the satisfaction of certain customary closing conditions, the transaction is expected to become effective before the market opens on February 8, 2021. The monthly distributions typically declared the first business day of the month for NUM and NEA will be replaced by pre-closing distributions declared January 26, 2021, with a record date of February 5, 2021. The payable date will remain March 1, 2021. Following the transaction, the surviving fund, NEA, is expected t