NUVEEN NEW JERSEY QUALITY MUNICIPAL INCOME FUND

# Nuveen New Jersey Quality Municipal Income Fund

NXJ is a closed-end fixed income mutual fund that invests primarily in New Jersey municipal securities exempt from federal and state income taxes. The fund targets investment-grade municipal bonds rated Baa or BBB and above, utilizing fundamental analysis and bottom-up security selection to construct its portfolio. Performance is benchmarked against the S&P New Jersey Municipal Bond Index. The fund was established in June 1999 and is incorporated in Massachusetts.

The fund is managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC, subsidiaries of Nuveen Investments, Inc., a Chicago-based asset management firm. Revenue is generated through management fees charged on assets under management. The fund's distribution strategy provides regular income distributions to shareholders, reflecting the tax-advantaged yield characteristics of its municipal bond holdings. As a closed-end fund structure, NXJ issues a fixed number of shares that trade on the NYSE, distinguishing it from open-end mutual funds.

With a market capitalization of approximately $500 million, the fund operates at a modest scale within the broader municipal bond fund category. Geographic focus is limited to New Jersey issuers, reflecting a regional concentration strategy that serves investors seeking tax-efficient income from in-state municipal securities.