NMS

Stock

Nuveen Minnesota Quality Municipal Income Fund

Price

$12.00

as of Jun 26, 2026

All Time High: $12.62

🟢

Slightly Elevated

Current Drawdown

-4.9%

Days in Drawdown

1741

Avg Max Drawdown

2.8%

Avg Length

61

Drawdown Severity Score™

1.2

NMS - Price & High Water Mark

NMS - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Nuveen Minnesota Quality Municipal Income Fund (NMS) Analysis: Current Drawdown Insights

Nuveen Minnesota Quality Municipal Income Fund is trading slightly below its recent peak. As of 2026-06-26, the stock price is $12.00, just 4.9% below its all-time high of $12.62.

Based on its full tracked price history, Nuveen Minnesota Quality Municipal Income Fund typically experiences drawdowns averaging 2.8% in depth, with an average duration of 61 days. Nuveen Minnesota Quality Municipal Income Fund has gone through 41 total drawdown events in its tracked history. The largest drawdown on record for Nuveen Minnesota Quality Municipal Income Fund was 25.1%, beginning in 2016. The longest drawdown duration on record was 1404 days.

The Drawdown Severity Score™ for Nuveen Minnesota Quality Municipal Income Fund currently stands at 1.21. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range: a routine pullback.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Nuveen Minnesota Quality Municipal Income Fund's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 41 tracked pullbacks (41 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2021-09-19Ongoing1741 days-4.9%$12.62$12.00n/a
2021-09-152021-09-162 days-1.0%$12.61$12.48$12.62
2021-06-292021-09-1478 days-5.9%$12.51$11.77$12.61
2021-06-242021-06-285 days-1.1%$12.51$12.37$12.51
2021-05-052021-06-2350 days-5.2%$12.50$11.86$12.51
2021-04-222021-05-0413 days-1.7%$11.99$11.79$12.50
2021-04-192021-04-213 days-0.3%$11.97$11.93$11.99
2021-04-152021-04-162 days-0.3%$11.82$11.78$11.97
2021-02-162021-04-1457 days-3.5%$11.51$11.10$11.82
2021-02-042021-02-096 days-0.9%$11.32$11.21$11.36
2021-01-212021-02-0314 days-2.3%$11.30$11.05$11.32
2021-01-142021-01-207 days-0.6%$11.21$11.14$11.30
2020-12-022021-01-1343 days-2.5%$11.15$10.86$11.21
2020-11-252020-12-017 days-0.5%$11.15$11.09$11.15
2020-11-182020-11-247 days-1.2%$11.15$11.01$11.15
2020-10-282020-11-1721 days-3.6%$11.13$10.73$11.15
2020-08-202020-10-2769 days-7.3%$11.05$10.24$11.13
2020-08-132020-08-197 days-1.3%$11.01$10.88$11.05
2020-08-102020-08-112 days-0.1%$10.90$10.90$10.98
2016-10-032020-08-061404 days-25.1%$10.87$8.14$10.88
2016-08-162016-09-3046 days-4.3%$10.60$10.15$10.87
2016-08-122016-08-154 days-0.0%$10.59$10.58$10.60
2016-08-082016-08-114 days-1.0%$10.57$10.47$10.59
2016-07-072016-08-0530 days-4.0%$10.53$10.11$10.57
2016-06-202016-07-0617 days-3.8%$10.49$10.10$10.53
2016-06-142016-06-163 days-1.0%$10.21$10.11$10.33
2016-06-072016-06-137 days-1.0%$10.18$10.08$10.21
2016-04-142016-06-0654 days-4.0%$9.96$9.56$10.18
2016-04-112016-04-133 days-1.0%$9.86$9.76$9.96
2016-04-072016-04-082 days-0.6%$9.72$9.66$9.86
2016-04-042016-04-052 days-0.1%$9.65$9.64$9.67
2016-03-022016-04-0130 days-1.5%$9.56$9.41$9.65
2016-02-122016-02-2514 days-2.7%$9.38$9.13$9.39
2016-02-052016-02-084 days-0.2%$8.96$8.94$9.04
2015-03-192016-01-29317 days-7.3%$8.78$8.13$8.81
2015-03-062015-03-1812 days-1.3%$8.76$8.65$8.78
2015-02-062015-03-0326 days-2.5%$8.72$8.50$8.74
2015-02-022015-02-054 days-0.9%$8.65$8.57$8.72
2014-11-072015-01-2782 days-6.3%$8.58$8.04$8.59
2014-10-162014-11-0622 days-5.6%$8.44$7.97$8.58
2014-10-142014-10-152 days-1.3%$8.44$8.33$8.44
2014-10-102014-10-134 days-1.1%$8.43$8.34$8.44

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

Know the Moment Severity Changes

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Or explore current drawdowns:

Nuveen Minnesota Quality Municipal Income Fund (NMS) is trading at $12.00 as of Jun 26, 2026. It is 4.9% below its high of $12.62. The drawdown has lasted 1,741 days. Severity score: 1.2 (Slightly Elevated).

NMS Price History and Drawdown Data

Latest price

$12.00

High-water mark

$12.62

Current drawdown

-4.9%

Days in drawdown

1,741

This NMS page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Nuveen Minnesota Quality Municipal Income Fund drawdowns.

What History Says About NMS

Nuveen Minnesota Quality Municipal Income Fund has dropped 5%+ from its high 7 times in its tracked history. These events lasted an average of 289 days with an average max drop of -9.0%.

The current drawdown of -4.9% has lasted 1,741 days, which is 6.0x the average duration of comparable events.

PeriodMax DropDuration
Oct 2016 to Aug 2020-25.1%1404 days
Aug 2020 to Oct 2020-7.3%69 days
Mar 2015 to Jan 2016-7.3%317 days
Nov 2014 to Jan 2015-6.3%82 days
Jun 2021 to Sep 2021-5.9%78 days
Oct 2014 to Nov 2014-5.6%22 days

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