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

NEW YORK--(BUSINESS WIRE)--The reorganization of Nuveen Michigan Quality Municipal Income Fund (NYSE: NUM) into Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA) was completed prior to the open of the New York Stock Exchange on February 8, 2021. In the reorganization, NEA acquired substantially all of the assets and liabilities of NUM in a tax-free transaction in exchange for newly-issued common shares in an aggregate amount equal in value to the net assets transferred. The exchange was based upon the values of the funds’ net assets as of the close of trading on February 5, 2021. The exchange ratio at which common shares of NUM were exchanged for common shares of NEA is lis

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