{"id":28899,"date":"2026-07-05T08:37:09","date_gmt":"2026-07-05T08:37:09","guid":{"rendered":"https:\/\/www.europesays.com\/netherlands\/28899\/"},"modified":"2026-07-05T08:37:09","modified_gmt":"2026-07-05T08:37:09","slug":"nuveen-muni-funds-set-2026-virtual-board-elections","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/netherlands\/28899\/","title":{"rendered":"Nuveen muni funds set 2026 virtual board elections"},"content":{"rendered":"<p>\u00a0\n<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:12pt; margin-bottom:0pt; font-size:18pt\" align=\"center\">UNITED STATES <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:18pt\" align=\"center\">SECURITIES AND EXCHANGE COMMISSION <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:12pt\" align=\"center\">Washington, D.C. 20549 <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:18pt\" align=\"center\">SCHEDULE 14A <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:12pt\" align=\"center\">Proxy<br \/>\nStatement Pursuant to Section\u00a014(a) of the <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:12pt\" align=\"center\">Securities Exchange Act of 1934 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:12pt\" align=\"center\">(Amendment No. \u2002 ) <\/p>\n<p style=\"margin-top:24pt; margin-bottom:0pt; margin-left:2%; text-indent:-2%; font-size:10pt\">Filed by the Registrant\u2002\u2612\u2003\u2003\u2003\u2003\u2003\u2003\u2003Filed by a Party other than the<br \/>\nRegistrant\u2002\u2610<\/p>\n<p style=\"margin-top:12pt; margin-bottom:0pt; margin-left:2%; text-indent:-2%; font-size:10pt\">Check the appropriate box: <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u2610<br \/>\n\u00a0<br \/>\nPreliminary Proxy Statement.<\/p>\n<p>\u2610<br \/>\n\u00a0<br \/>\nConfidential, for Use of the Commission Only (as permitted by Rule\u00a014a-6(e)(2)).<\/p>\n<p>\u2612<br \/>\n\u00a0<br \/>\nDefinitive Proxy Statement.<\/p>\n<p>\u2610<br \/>\n\u00a0<br \/>\nDefinitive Additional Materials.<\/p>\n<p>\u2610<br \/>\n\u00a0<br \/>\nSoliciting Material Pursuant to \u00a7240.14a-11(c) or \u00a7240.14a-12<\/p>\n<p>Nuveen Select Tax-Free Income Portfolio (NXP)<\/p>\n<p>(Name of Registrant as Specified In Its Charter)<\/p>\n<p>\u2003\u2003<\/p>\n<p>(Name of Person(s) Filing Proxy Statement, if other than the Registrant)<\/p>\n<p>Payment of Filing Fee (check the appropriate box):<\/p>\n<p>\u2612<br \/>\n\u00a0<br \/>\nNo fee required.<\/p>\n<p>\u2610<br \/>\n\u00a0<br \/>\nFee computed on table below per Exchange Act Rules\u00a014a-6(i)(4) and 0-11.<\/p>\n<p>\u00a0<br \/>\n1)<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Title of each class of securities to which transaction applies:<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:1pt\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; border-top:1.00px solid #000000\">\u00a0<\/p>\n<p>\u00a0<br \/>\n2)<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Aggregate number of securities to which transaction applies:<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:1pt\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; border-top:1.00px solid #000000\">\u00a0<\/p>\n<p>\u00a0<br \/>\n3)<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule\u00a00-11 (set forth the amount on which the<br \/>\nfiling fee is calculated and state how it was determined):<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:1pt\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; border-top:1.00px solid #000000\">\u00a0<\/p>\n<p>\u00a0<br \/>\n4)<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Proposed maximum aggregate value of transaction:<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:1pt\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; border-top:1.00px solid #000000\">\u00a0<\/p>\n<p>\u00a0<br \/>\n5)<br \/>\n\u00a0<br \/>\nTotal fee paid:<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<br \/>\n\u2003<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; border-top:1.00px solid #000000\">\u00a0<\/p>\n<p>\u2610<br \/>\n\u00a0<br \/>\nFee paid previously with preliminary materials.<\/p>\n<p>\u2610<br \/>\n\u00a0<br \/>\nCheck box if any part of the fee is offset as provided by Exchange Act Rule\u00a00-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement<br \/>\nnumber, or the Form or Schedule and the date of its filing.<\/p>\n<p>\u00a0<br \/>\n1)<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Amount Previously Paid:<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:1pt\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; border-top:1.00px solid #000000\">\u00a0<\/p>\n<p>\u00a0<br \/>\n2)<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Form, Schedule or Registration Statement No.:<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:1pt\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; border-top:1.00px solid #000000\">\u00a0<\/p>\n<p>\u00a0<br \/>\n3)<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Filing Party:<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:1pt\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; border-top:1.00px solid #000000\">\u00a0<\/p>\n<p>\u00a0<br \/>\n4)<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Date Filed:<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:1pt\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; border-top:1.00px solid #000000\">\u00a0<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0\n<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:18pt\">Notice of Annual Meeting<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:18pt\">of\u00a0Shareholders\u00a0to\u00a0be\u00a0held\u00a0on<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:18pt\">August\u00a013, 2026<\/p>\n<p>\u00a0\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt\">Chicago, Illinois 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt\">(800) 257-8787<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">July 1, 2026 <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:11pt\">Nuveen AMT-Free Municipal Credit Income Fund (NVG) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen AMT-Free Municipal Value Fund (NUW) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen AMT-Free Quality Municipal Income Fund (NEA) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Dynamic Municipal Opportunities Fund (NDMO) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Municipal Credit Income Fund (NZF) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen<br \/>\nMunicipal High Income Opportunity Fund (NMZ) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Municipal Income Fund, Inc. (NMI) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Municipal Value Fund, Inc. (NUV) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen New<br \/>\nYork AMT-Free Quality Municipal Income Fund (NRK) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen New York Municipal Value Fund (NNY) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen New York Quality Municipal Income Fund (NAN) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Quality Municipal Income Fund (NAD) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen<br \/>\nSelect Maturities Municipal Fund (NIM) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Select Tax-Free Income Portfolio (NXP) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Taxable Municipal Income Fund (NBB) <\/p>\n<p style=\"margin-top:36pt; margin-bottom:0pt; font-size:11pt\">To the<br \/>\nShareholders of the Above Funds: <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Notice is hereby given that the Annual Meeting of Shareholders of each of Nuveen<br \/>\nAMT-Free Municipal Credit Income Fund (\u201cAMT-Free Credit Income\u201d), Nuveen AMT-Free Municipal Value Fund (\u201cAMT-Free Value\u201d), Nuveen AMT-Free Quality Municipal Income Fund (\u201cAMT-Free Quality\u201d), Nuveen Dynamic<br \/>\nMunicipal Opportunities Fund (\u201cDynamic Municipal\u201d), Nuveen Municipal Credit Income Fund (\u201cCredit Income\u201d), Nuveen Municipal High Income Opportunity Fund (\u201cMunicipal High Income\u201d), Nuveen New York AMT-Free Quality Municipal Income Fund (\u201cNew York AMT-Free\u201d), Nuveen New York Municipal Value Fund (\u201cNew York Value\u201d), Nuveen New York Quality<br \/>\nMunicipal Income Fund (\u201cNew York Quality Income\u201d), Nuveen Quality Municipal Income Fund (\u201cQuality Income\u201d), Nuveen Select Maturities Municipal Fund (\u201cSelect Maturities\u201d), Nuveen Select Tax-Free Income Portfolio (\u201cSelect Tax-Free\u201d) and Nuveen Taxable Municipal Income Fund (\u201cTaxable Income\u201d), each a Massachusetts business trust (each, a<br \/>\n\u201cMassachusetts Fund\u201d and collectively, the \u201cMassachusetts Funds\u201d), and Nuveen Municipal Income Fund, Inc. (\u201cMunicipal Income\u201d) and Nuveen Municipal Value Fund, Inc. (\u201cMunicipal Value\u201d), each a<br \/>\nMinnesota corporation (each, a \u201cMinnesota Fund\u201d and collectively, the \u201cMinnesota Funds\u201d) (the Massachusetts Funds and Minnesota Funds are each a \u201cFund\u201d and collectively, the \u201cFunds\u201d), will be held on<br \/>\nThursday, August\u00a013, 2026, at 2:00 p.m., Central time (for each Fund, an \u201cAnnual Meeting\u201d and collectively, the \u201cAnnual Meetings\u201d), for the following purposes and to transact such other business, if any, as may properly<br \/>\ncome before the Annual Meeting. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">We will be hosting this year\u2019s Annual Meeting as a completely virtual meeting of shareholders, which will<br \/>\nbe conducted online via live webcast. You will be able to attend and participate in the Annual Meeting online, vote your shares electronically and submit your questions prior to and during the meeting by visiting: www.meetnow.global\/MQ6NNYJ at the<br \/>\nmeeting date and time described in the accompanying Joint Proxy Statement. If your shares are registered in your name, to participate in the Annual Meeting, you will need to log on using the control number from your proxy card or meeting notice. The<br \/>\ncontrol number can be found in the shaded box. If your shares are held through an intermediary, you will need to register for the Annual Meeting at least three (3)\u00a0business days prior to the Annual Meeting. Instructions for registering are set<br \/>\nforth in the enclosed Joint Proxy Statement. There is no physical location for the Annual Meeting. <\/p>\n<p style=\"margin-top:36pt; margin-bottom:0pt; font-size:11pt\">Matters to Be Voted on by Shareholders: <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>1.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\" align=\"left\">To elect Members to the Board of Directors\/Trustees (each a \u201cBoard\u201d and each Director or Trustee a<br \/>\n\u201cBoard Member\u201d) of each Fund as outlined below: <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\na.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\" align=\"left\">For Municipal Income, to elect four (4)\u00a0Class\u00a0I Board Members. <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\nb.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\" align=\"left\">For AMT-Free Value, Municipal Value, New York Value, Select Maturities,<br \/>\nSelect Tax-Free and Taxable Income, to elect four (4)\u00a0Class\u00a0II Board Members. <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\nc.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\" align=\"left\">For AMT-Free Credit Income,<br \/>\nAMT-Free Quality, Dynamic Municipal, Credit Income, Municipal High Income, New York AMT-Free, New York Quality Income and Quality Income, to elect six (6)\u00a0Board<br \/>\nMembers. <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\ni)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\" align=\"left\">four (4)\u00a0Class II Board Members to be elected by the holders of Common Shares and Preferred Shares, voting<br \/>\ntogether as a single class; and <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\nii)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\" align=\"left\">two (2)\u00a0Board Members to be elected by the holders of Preferred Shares only, voting separately as a single<br \/>\nclass. <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>2.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\" align=\"left\">To transact such other business as may properly come before the Annual Meeting. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Shareholders of record at the close of business on June\u00a022, 2026 are entitled to notice of and to vote at the Annual Meeting. <\/p>\n<p style=\"margin-top:12pt; margin-bottom:0pt; font-size:10pt\">While all shareholders are cordially invited to attend the virtual Annual Meeting, we encourage you to vote your shares promptly, whether or not you plan to<br \/>\nattend the virtual Annual Meeting in order to avoid delay and additional expense and to assure that your shares are represented. You may vote by mail, telephone or over the Internet. To vote by mail, please mark, sign, date and mail the enclosed<br \/>\nproxy card. No postage is required if mailed in the United States. To vote by telephone, please call the toll-free number located on your proxy card and follow the recorded instructions, using your proxy card as a guide. To vote over the Internet,<br \/>\ngo to the Internet address provided on your proxy card and follow the instructions, using your proxy card as a guide. <\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt\">Mark L. Winget<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt\">Vice President and Secretary<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:18pt\">Joint Proxy Statement<\/p>\n<p>\u00a0\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt\">Chicago, Illinois 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt\">(800) 257-8787<\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:11pt\">July 1, 2026 <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">This Joint<br \/>\nProxy Statement is first being mailed to shareholders on or about July\u00a07, 2026. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:11pt\">Nuveen AMT-Free Municipal<br \/>\nCredit Income Fund (NVG) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen AMT-Free Municipal Value Fund (NUW) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen AMT-Free Quality Municipal Income Fund (NEA) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Dynamic Municipal Opportunities Fund (NDMO) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Municipal Credit Income Fund (NZF) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen<br \/>\nMunicipal High Income Opportunity Fund (NMZ) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Municipal Income Fund, Inc. (NMI) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Municipal Value Fund, Inc. (NUV) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen New<br \/>\nYork AMT-Free Quality Municipal Income Fund (NRK) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen New York Municipal Value Fund (NNY) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen New York Quality Municipal Income Fund (NAN) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Quality Municipal Income Fund (NAD) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen<br \/>\nSelect Maturities Municipal Fund (NIM) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Select Tax-Free Income Portfolio (NXP) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Nuveen Taxable Municipal Income Fund (NBB) <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:11pt\">General<br \/>\nInformation <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">This Joint Proxy Statement is furnished in connection with the solicitation by the Board of Trustees or Directors (each a \u201cBoard\u201d<br \/>\nand collectively, the \u201cBoards,\u201d and each Trustee or Director, a \u201cBoard Member\u201d and collectively, the \u201cBoard Members\u201d) of each of Nuveen AMT-Free Municipal Credit Income Fund<br \/>\n(\u201cAMT-Free Credit Income\u201d), Nuveen AMT-Free Municipal Value Fund (\u201cAMT-Free Value\u201d), Nuveen AMT-Free Quality Municipal Income Fund (\u201cAMT-Free Quality\u201d), Nuveen Dynamic Municipal Opportunities Fund (\u201cDynamic Municipal\u201d), Nuveen Municipal Credit<br \/>\nIncome Fund (\u201cCredit Income\u201d), Nuveen Municipal High Income Opportunity Fund (\u201cMunicipal High Income\u201d), Nuveen New York AMT-Free Quality Municipal Income Fund (\u201cNew York AMT-Free\u201d), Nuveen New York Municipal Value Fund (\u201cNew York Value\u201d), Nuveen New York Quality Municipal Income Fund (\u201cNew York Quality Income\u201d), Nuveen Quality Municipal Income Fund<br \/>\n(\u201cQuality Income\u201d), Nuveen Select Maturities Municipal Fund (\u201cSelect Maturities\u201d), Nuveen Select Tax-Free Income Portfolio (\u201cSelect<br \/>\nTax-Free\u201d) and Nuveen Taxable Municipal Income Fund (\u201cTaxable Income\u201d), each a Massachusetts business trust (each, a \u201cMassachusetts Fund\u201d and collectively, the<br \/>\n\u201cMassachusetts Funds\u201d), and Nuveen Municipal Income Fund, Inc. (\u201cMunicipal Income\u201d) and Nuveen Municipal Value Fund, Inc. (\u201cMunicipal Value\u201d), each a Minnesota corporation (each, a \u201cMinnesota Fund\u201d and<br \/>\ncollectively, the \u201cMinnesota Funds\u201d) (the Massachusetts Funds and Minnesota Funds are each a \u201cFund\u201d and collectively, the \u201cFunds\u201d), of proxies to be voted at the Annual Meeting of Shareholders to be held on<br \/>\nThursday, August\u00a013, 2026 at 2:00\u00a0p.m., Central time (for each Fund, an \u201cAnnual Meeting\u201d and collectively, the \u201cAnnual Meetings\u201d), and at any and all adjournments or postponements thereof. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">1 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">The Annual Meeting will be held in a virtual meeting format only, which will be conducted online via live<br \/>\nwebcast. You will be able to attend and participate in the Annual Meeting online, vote your shares electronically and submit your questions prior to and during the meeting by visiting: www.meetnow.global\/MQ6NNYJ at the meeting date and time. If your<br \/>\nshares are registered in your name, to participate in the Annual Meeting, you will need to log on using the control number from your proxy card or meeting notice. The control number can be found in the shaded box. There is no physical location for<br \/>\nthe Annual Meeting. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">If you hold your shares through an intermediary, such as a bank or broker, you must register in advance to attend the Annual Meeting<br \/>\nvirtually on the Internet. To register to attend the Annual Meeting online by webcast you must submit proof of your proxy power (legal proxy) reflecting your Fund holdings along with your name and email address to Computershare. You must contact the<br \/>\nbank or broker who holds your shares to obtain your legal proxy. Requests for registration must be labeled as \u201cLegal Proxy\u201d and be received no later than 5:00 p.m., Eastern Time, three (3)\u00a0business days prior to the meeting date.<br \/>\nYou will receive a confirmation of your registration by email after we receive your registration materials. Requests for registration should be directed to us by emailing an image of your legal proxy to shareholdermeetings@computershare.com. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">On the matters coming before each Annual Meeting as to which a choice has been specified by shareholders on the proxy, the shares will be voted accordingly. If a<br \/>\nproperly executed proxy is returned and no choice is specified, the shares will be voted FOR the election of the nominees as listed in this Joint Proxy Statement. Shareholders of a Fund who execute proxies may revoke them at any time before<br \/>\nthey are voted by filing with that Fund a written notice of revocation, by delivering a duly executed proxy bearing a later date, or by attending the virtual Annual Meeting and voting at the Annual Meeting. A prior proxy can also be revoked by<br \/>\nvoting again through the toll-free number or the Internet address listed in the proxy card. Merely attending the Annual Meeting, however, will not revoke any previously submitted proxy. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The Board of each Fund has determined that the use of this Joint Proxy Statement for each Annual Meeting is in the best interest of each Fund and its shareholders<br \/>\nin light of the similar matters being considered and voted on by the shareholders. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The following table indicates which shareholders are solicited with<br \/>\nrespect to each matter: <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>Matter<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\nCommon\u00a0Shares<br \/>\n\u00a0<br \/>\nPreferred\u00a0Shares(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">1(a)<\/p>\n<p>\u00a0<br \/>\nFor Municipal Income, election of four (4)\u00a0Class\u00a0I Board Members by all shareholders.<br \/>\n\u00a0<br \/>\nX<br \/>\n\u00a0<br \/>\nN\/A<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">1(b)<\/p>\n<p>\u00a0<br \/>\nFor AMT-Free Value, Municipal Value, New York Value, Select Maturities, Select<br \/>\nTax-Free and Taxable Income, election of four (4)\u00a0Class\u00a0II Board Members by all shareholders.<br \/>\n\u00a0<br \/>\nX<br \/>\n\u00a0<br \/>\nN\/A<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">1(c)(i)<\/p>\n<p>\u00a0<br \/>\nFor AMT-Free Credit Income, AMT-Free Quality, Dynamic Municipal, Credit<br \/>\nIncome, Municipal High Income, New York AMT-Free, New York Quality Income and Quality Income, election of four (4)\u00a0Class\u00a0II Board Members by all shareholders.<br \/>\n\u00a0<br \/>\nX<br \/>\n\u00a0<br \/>\nX<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">2 <\/p>\n<p>Matter<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\nCommon\u00a0Shares<br \/>\n\u00a0<br \/>\nPreferred\u00a0Shares(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">1(c)(ii)<\/p>\n<p>\u00a0<br \/>\nFor AMT-Free Credit Income, AMT-Free Quality, Dynamic Municipal, Credit<br \/>\nIncome, Municipal High Income, New York AMT-Free, New York Quality Income and Quality Income, election of two (2)\u00a0Board Members by holders of Preferred Shares only.<br \/>\n\u00a0<br \/>\nN\/A<br \/>\n\u00a0<br \/>\nX<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Variable Rate Demand Preferred Shares (\u201cVRDP Shares\u201d) for<br \/>\nAMT-Free Credit Income, AMT-Free Quality, Credit Income, New York AMT-Free, New York Quality Income and Quality Income; MuniFund<br \/>\nPreferred Shares (\u201cMFP Shares\u201d) for AMT-Free Credit Income, AMT-Free Quality, Dynamic Municipal, Credit Income, New York<br \/>\nAMT-Free and Quality Income; and Adjustable Rate MuniFund Term Preferred Shares (\u201cAMTP Shares\u201d) for Municipal High Income, New York Quality Income and Quality Income are collectively referred to<br \/>\nherein as \u201cPreferred Shares.\u201d <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">A quorum of shareholders is required to take action at each Annual Meeting. A majority of the<br \/>\nshares entitled to vote at each Annual Meeting, represented in person (through participation by means of remote or \u201cvirtual\u201d communication) or by proxy, will constitute a quorum of shareholders at that Annual Meeting, except that for the<br \/>\nelection of the two Board Member nominees by holders of Preferred Shares (for AMT-Free Credit Income, AMT-Free Quality, Dynamic Municipal, Credit Income, Municipal High<br \/>\nIncome, New York AMT-Free, New York Quality Income and Quality Income), 331\u20443% of the Preferred Shares entitled to vote and<br \/>\nrepresented in person (through participation by means of remote or \u201cvirtual\u201d communication) or by proxy will constitute a quorum. Votes cast in person (through participation by means of remote or \u201cvirtual\u201d communication) or<br \/>\nby proxy at each Annual Meeting will be tabulated by the inspectors of election appointed for that Annual Meeting. The inspectors of election will determine whether or not a quorum is present at the Annual Meeting. The inspectors of election will<br \/>\ntreat abstentions and \u201cbroker non-votes\u201d (i.e., shares held by brokers or nominees, typically in \u201cstreet name,\u201d as to which (i)\u00a0instructions have not been received from the<br \/>\nbeneficial owners or persons entitled to vote and (ii)\u00a0the broker or nominee does not have discretionary voting power on a particular matter) as present for purposes of determining a quorum. The proposal described in this Joint Proxy Statement<br \/>\nis considered a \u201croutine\u201d matter under the rules of the New York Stock Exchange (\u201cNYSE\u201d), and beneficial owners who do not provide proxy instructions or who do not return a proxy card may have their shares voted by<br \/>\nbroker-dealer firms on the proposal in the discretion of such broker-dealer firms. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Pursuant to Rule 452 of the NYSE, certain Preferred Shares held in<br \/>\n\u201cstreet name\u201d as to which voting instructions have not been received from the beneficial owners or persons otherwise entitled to vote as of one business day before the Annual Meeting, or, if adjourned or postponed, one business day<br \/>\nbefore the day to which the Annual Meeting is adjourned or postponed, may be voted by the broker on the proposal in the same proportion as the votes cast by all holders of Preferred Shares as a class who have voted on the proposal. Rule 452 permits<br \/>\nproportionate voting of Preferred Shares with respect to a particular item if, among other things, (i)\u00a0a minimum of 30% of the Preferred Shares (or shares of a series of Preferred Shares if the matter must be voted on separately by series)<br \/>\noutstanding has been voted by the holders of such shares with respect to such item, (ii)\u00a0less than 10% of the Preferred Shares (or shares of a series of Preferred Shares if the matter must be voted on separately by series) outstanding has been<br \/>\nvoted by the holders of such shares against such item and (iii)\u00a0for any proposal as to which holders of Common Shares and Preferred Shares vote as a single class, holders of Common Shares approve the proposal. For the purpose of meeting the 30%<br \/>\ntest, abstentions will be treated as shares \u201cvoted\u201d and, for the purpose of meeting the 10% test, <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">3 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nabstentions will not be treated as shares \u201cvoted\u201d against the item. Rule 452 proportionate voting applies only to certain auction rate and remarketed preferred securities. AMTP Shares<br \/>\nare not remarketed, thus the proportionate voting provisions of Rule 452 do not apply to these shares. The proportionate voting provisions of Rule 452 may apply to MFP Shares depending on their mode. The proportionate voting provisions of Rule 452<br \/>\nmay apply to VRDP Shares depending on their current mode or rate period. The following table indicates whether the proportionate voting provisions of Rule 452 apply to each series of Preferred Shares. <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Fund<br \/>\n\u00a0<br \/>\nPreferred\u00a0Shares<br \/>\n\u00a0<br \/>\nMode(1)<br \/>\n\u00a0<br \/>\nNYSE Rule<br \/>452 Applies?<\/p>\n<p>AMT-Free Credit Income<br \/>\n\u00a0<br \/>\nMFP Series A<br \/>\n\u00a0<br \/>\nVariable Rate Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nMFP Series B<br \/>\n\u00a0<br \/>\nVariable Rate Remarketed Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nMFP Series C<br \/>\n\u00a0<br \/>\nVariable Rate Remarketed Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nVRDP Series 1<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nVRDP Series 2<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nVRDP Series 4<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nVRDP Series 5<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\nVRDP Series 6<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>AMT-Free Quality<br \/>\n\u00a0<br \/>\nMFP Series A<br \/>\n\u00a0<br \/>\nVariable Rate Demand Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nMFP Series C<br \/>\n\u00a0<br \/>\nVariable Rate Demand Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nMFP Series D<br \/>\n\u00a0<br \/>\nVariable Rate Demand Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nVRDP Series 1<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nVRDP Series 3<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nVRDP Series 4<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\nVRDP Series 5<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>Dynamic Municipal<br \/>\n\u00a0<br \/>\nMFP Series A<br \/>\n\u00a0<br \/>\nVariable Rate Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>Credit Income<br \/>\n\u00a0<br \/>\nMFP Series A<br \/>\n\u00a0<br \/>\nVariable Rate Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nMFP Series B<br \/>\n\u00a0<br \/>\nVariable Rate Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nMFP Series C<br \/>\n\u00a0<br \/>\nVariable Rate Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nVRDP Series 1<br \/>\n\u00a0<br \/>\nSpecial Rate Period VRDP<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nVRDP Series 2<br \/>\n\u00a0<br \/>\nSpecial Rate Period VRDP<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\nVRDP Series 3<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>Municipal High Income<br \/>\n\u00a0<br \/>\nAMTP Series 2028<br \/>\n\u00a0<br \/>\nN\/A<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nAMTP Series 2031<br \/>\n\u00a0<br \/>\nN\/A<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nAMTP Series 2032<br \/>\n\u00a0<br \/>\nN\/A<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\nVRDP Series 1<br \/>\n\u00a0<br \/>\nSpecial Rate Period VRDP<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>New York AMT-Free<br \/>\n\u00a0<br \/>\nMFP Series A<br \/>\n\u00a0<br \/>\nVariable Rate Remarketed Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nVRDP Series 1<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nVRDP Series 2<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\nVRDP Series 3<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\nVRDP Series 5<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">4 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Fund<br \/>\n\u00a0<br \/>\nPreferred\u00a0Shares<br \/>\n\u00a0<br \/>\nMode(1)<br \/>\n\u00a0<br \/>\nNYSE Rule<br \/>452 Applies?<\/p>\n<p>New York Quality Income<br \/>\n\u00a0<br \/>\nAMTP Series 2028<br \/>\n\u00a0<br \/>\nN\/A<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\nVRDP Series 1<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>Quality Income<br \/>\n\u00a0<br \/>\nMFP Series A<br \/>\n\u00a0<br \/>\nVariable Rate Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nMFP Series B<br \/>\n\u00a0<br \/>\nVariable Rate Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nAMTP Series 2028<br \/>\n\u00a0<br \/>\nN\/A<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nAMTP Series 2028-1<br \/>\n\u00a0<br \/>\nN\/A<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nAMTP Series 2028-2<br \/>\n\u00a0<br \/>\nN\/A<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">No<\/p>\n<p>\u00a0<br \/>\nVRDP Series 1<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\nVRDP Series 2<br \/>\n\u00a0<br \/>\nRemarketing Mode<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">Yes<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">As of the record date, June\u00a022, 2026. The terms and conditions of each series of Preferred Shares, as well as<br \/>\nthe rights and privileges with respect to each mode, if any, are described in the Statement Establishing and Designating the Rights and Preferences for each series of Preferred Shares, and any supplement or appendix thereto. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Broker-dealers who are not members of the NYSE may be subject to other rules, which may or may not permit them to vote your shares without instruction. We urge<br \/>\nyou to provide instructions to your broker or nominee so that your votes may be counted. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">For each Fund, because the number of persons nominated for election<br \/>\nas Board Members in accordance with the Fund\u2019s by-laws equals the number of Board Members to be elected, the affirmative vote of a plurality (the greatest number of affirmative votes) of the shares<br \/>\npresent and entitled to vote at the Annual Meeting will be required to elect each Board Member of that Fund. This means that the nominees receiving the highest number of affirmative votes cast at the Annual Meeting will be elected to serve as Board<br \/>\nMembers. For example, if there are four nominees for election to the Board and four Board Members to be elected, a vote by plurality means the four nominees with the highest number of affirmative votes, regardless of the votes withheld for the<br \/>\nnominees, will be elected. Because the election of Board Members in this case does not require that a minimum percentage of a Fund\u2019s outstanding Common Shares and Preferred Shares be voted in favor of any nominee, assuming the presence of a<br \/>\nquorum, abstentions and broker non-votes will have no effect on the outcome of the election of that Fund\u2019s Board Members by holders of Common Shares and Preferred Shares. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Those persons who were shareholders of record at the close of business on Monday, June\u00a022, 2026 will be entitled to one vote for each share held and a<br \/>\nproportionate fractional vote for each fractional vote held. As of June\u00a022, 2026, the shares of the Funds were issued and outstanding as follows: <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Fund<br \/>\n\u00a0<br \/>\nTicker\u00a0Symbol(1)<br \/>\n\u00a0<br \/>\nCommon\u00a0Shares<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nPreferred Shares<br \/>\n\u00a0<\/p>\n<p>AMT-Free Credit Income<br \/>\n\u00a0<br \/>\nNVG<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n215,821,433<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n674<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series B<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n200,000<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series C<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n250,000<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 1<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,790<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 2<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,954<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 4<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,800<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 5<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,955<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 6<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,867<br \/>\n\u00a0<\/p>\n<p>AMT-Free Value<br \/>\n\u00a0<br \/>\nNUW<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n17,951,336<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">N\/A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>AMT-Free Quality<br \/>\n\u00a0<br \/>\nNEA<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n302,127,505<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,350<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series C<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,380<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series D<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n330,900<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">5 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Fund<br \/>\n\u00a0<br \/>\nTicker\u00a0Symbol(1)<br \/>\n\u00a0<br \/>\nCommon\u00a0Shares<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nPreferred Shares<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 1<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,190<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 3<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n3,159<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 4<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n4,895<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 5<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,000<br \/>\n\u00a0<\/p>\n<p>Dynamic Municipal<br \/>\n\u00a0<br \/>\nNDMO<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n60,484,217<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,400<br \/>\n\u00a0<\/p>\n<p>Credit Income<br \/>\n\u00a0<br \/>\nNZF<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n196,386,986<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,500<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series B<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,550<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series C<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n3,360<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 1<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,688<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 2<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,622<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 3<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,460<br \/>\n\u00a0<\/p>\n<p>Municipal High Income<br \/>\n\u00a0<br \/>\nNMZ<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n215,367,714<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">AMTP\u00a0Series\u00a02028<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n870<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">AMTP\u00a0Series\u00a02031<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,700<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">AMTP\u00a0Series\u00a02032<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,000<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 1<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n4,504<br \/>\n\u00a0<\/p>\n<p>Municipal Income<br \/>\n\u00a0<br \/>\nNMI<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n12,078,260<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">N\/A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Municipal Value<br \/>\n\u00a0<br \/>\nNUV<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n210,054,035<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">N\/A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>New York AMT-Free<br \/>\n\u00a0<br \/>\nNRK<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n87,235,304<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n800<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 1<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,123<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 2<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,348<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 3<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,617<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 5<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,750<br \/>\n\u00a0<\/p>\n<p>New York Value<br \/>\n\u00a0<br \/>\nNNY<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n18,886,051<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">N\/A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>New York Quality Income<br \/>\n\u00a0<br \/>\nNAN<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n32,967,150<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">AMTP\u00a0Series\u00a02028<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,270<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 1<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n890<br \/>\n\u00a0<\/p>\n<p>Quality Income<br \/>\n\u00a0<br \/>\nNAD<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n233,737,467<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,238<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">MFP Series B<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n720<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">AMTP\u00a0Series\u00a02028<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n3,370<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">AMTP\u00a0Series 2028-1<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,085<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">AMTP\u00a0Series 2028-2<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,820<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 1<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,368<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">VRDP Series 2<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,675<br \/>\n\u00a0<\/p>\n<p>Select Maturities<br \/>\n\u00a0<br \/>\nNIM<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n12,446,597<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">N\/A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Select Tax-Free<br \/>\n\u00a0<br \/>\nNXP<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n63,015,710<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">N\/A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Taxable Income<br \/>\n\u00a0<br \/>\nNBB<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n29,394,751<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:0.67em; font-size:9pt\">N\/A<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">The Common Shares of each Fund are listed on the NYSE. Reports, proxy statements and other information concerning<br \/>\nthe Funds can be inspected at the offices of the NYSE, 11 Wall Street, New York, New York 10005. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">6 <\/p>\n<p>1.\u2009<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\" align=\"left\">Election of Board Members <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Pursuant to the organizational documents of each Fund, each Board is divided into three classes, Class\u00a0I, Class\u00a0II and Class\u00a0III, to be elected by<br \/>\nthe holders of the outstanding Common Shares and any outstanding Preferred Shares, voting together as a single class, to serve until the third succeeding annual meeting subsequent to their election or thereafter, in each case until their successors<br \/>\nhave been duly elected and qualified. For AMT-Free Credit Income, AMT-Free Quality, Dynamic Municipal, Credit Income, Municipal High Income, New York AMT-Free, New York Quality Income and Quality Income, each a Massachusetts Fund with Preferred Shares outstanding, holders of Preferred Shares are entitled to elect two (2)\u00a0Board Members. The Board Members<br \/>\nelected by holders of Preferred Shares will be elected to serve until the next annual meeting or until their successors have been duly elected and qualified. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; margin-left:7%; text-indent:-2%; font-size:10pt\">(a) For Municipal Income: four (4)\u00a0Board Members are to be elected by all shareholders. Current Board Members<br \/>\nBoateng, Lancellotta, Nelson and Toth have been designated as Class\u00a0I Board Members and are nominees for election at the Annual Meeting to serve for a term expiring at the third succeeding annual meeting after their election (currently expected<br \/>\nto take place in 2029) or until their successors have been duly elected and qualified. Current Board Members Forrester, Kenny, Medero, Moschner, Starr, Thornton, Wolff and Young are current and continuing Board Members. Current Board Members Medero,<br \/>\nMoschner, Starr and Thornton have been designated as Class\u00a0II Board Members for a term expiring at the third succeeding annual meeting after their election (currently expected to take place in 2027) or until their successors have been duly<br \/>\nelected and qualified. Current Board Members Forrester, Kenny, Wolff and Young have been designated as Class\u00a0III Board Members for a term expiring at the third succeeding annual meeting after their election (currently expected to take place in<br \/>\n2028) or until their successors have been duly elected and qualified. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; margin-left:7%; text-indent:-2%; font-size:10pt\">(b) For<br \/>\nAMT-Free Value, Municipal Value, New York Value, Select Maturities, Select Tax-Free and Taxable Income: four (4)\u00a0Board Members are to be elected by all<br \/>\nshareholders. Current Board Members Boateng, Lancellotta, Nelson and Toth have been designated as Class\u00a0II Board Members and are nominees for election at the Annual Meeting to serve for a term expiring at the third succeeding annual meeting<br \/>\nafter their election (currently expected to take place in 2029) or until their successors have been duly elected and qualified. Current Board Members Forrester, Kenny, Medero, Moschner, Starr, Thornton, Wolff and Young are current and continuing<br \/>\nBoard Members. Current Board Members Medero, Moschner, Starr and Thornton have been designated as Class\u00a0III Board Members for a term expiring at the third succeeding annual meeting after their election (currently expected to take place in 2027)<br \/>\nor until their successors have been duly elected and qualified. Current Board Members Forrester, Kenny, Wolff and Young have been designated as Class\u00a0I Board Members for a term expiring at the third succeeding annual meeting after their<br \/>\nelection (currently expected to take place in 2028) or until their successors have been duly elected and qualified. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">7 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:7%; text-indent:-2%; font-size:10pt\">(c) For AMT-Free Credit Income, AMT-Free Quality, Dynamic Municipal, Credit Income, Municipal High Income, New York AMT-Free, New York Quality Income and Quality Income: <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\n(i)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\" align=\"left\">four (4)\u00a0Board Members are to be elected by holders of Common and Preferred Shares, voting together as a<br \/>\nsingle class. Current Board Members Boateng, Lancellotta, Nelson and Toth have been designated as Class\u00a0II Board Members and are nominees for election at the Annual Meeting to serve for a term expiring at the third succeeding annual meeting<br \/>\nafter their election (currently expected to take place in 2029) or until their successors have been duly elected and qualified. Current Board Members Forrester, Kenny, Medero, Starr, Thornton and Young are current and continuing Board Members.<br \/>\nCurrent Board Members Medero, Starr and Thornton have been designated as Class\u00a0III Board Members for a term expiring at the third succeeding annual meeting after their election (currently expected to take place in 2027) or until their<br \/>\nsuccessors have been duly elected and qualified. Current Board Members Forrester, Kenny and Young are Class\u00a0I Board Members with a term expiring at the third succeeding annual meeting after their election (currently expected to take place in<br \/>\n2028) or until their successors have been duly elected and qualified. <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\n(ii)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\" align=\"left\">two (2)\u00a0Board Members are to be elected by holders of Preferred Shares, voting separately as a single class.<br \/>\nCurrent Board Members Moschner and Wolff are nominees for election by holders of Preferred Shares for a term expiring at the next annual meeting or until their successors have been duly elected and qualified. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">It is the intention of the persons named in the enclosed proxy to vote the shares represented thereby for the election of the nominees listed in the table below<br \/>\nunless the proxy is marked otherwise. Each of the nominees has agreed to serve as a Board Member of each Fund if elected. However, should any nominee become unable to serve or for good cause will not serve, the proxies will be voted for substitute<br \/>\nnominees, if any, designated by that Fund\u2019s then current Board. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Class\u00a0I Board Members: For each Fund other than Municipal<br \/>\nIncome and Select Tax-Free, Board Members Forrester, Kenny and Young were last elected to each Fund\u2019s Board as Class\u00a0I Board Members at the annual meeting of shareholders held on August\u00a014,<br \/>\n2025. For each of AMT-Free Value, Municipal Value, New York Value, Select Maturities and Taxable Income, Board Member Wolff was last elected to the Fund\u2019s Board as a Class\u00a0I Board Member at the<br \/>\nannual meeting of shareholders held on August\u00a014, 2025. For Select Tax-Free, Board Members Forrester, Kenny, Wolff and Young were last elected to the Fund\u2019s Board as Class\u00a0I Board Members at<br \/>\nthe annual meeting of shareholders held on November\u00a014, 2025. For Municipal Income, Board Members Lancellotta, Nelson and Toth were last elected to the Fund\u2019s Board as Class\u00a0I Board Members at the annual meeting of shareholders held<br \/>\non August\u00a09, 2023, and Board Member Boateng was appointed by the Board to Municipal Income\u2019s Board effective January\u00a01, 2024. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Class\u00a0II Board Members: For each Fund other than Municipal Income, Board Members Lancellotta, Nelson and Toth were last elected to the<br \/>\nFund\u2019s Board as Class\u00a0II Board Members at the annual meeting of shareholders held on August\u00a09, 2023, and Board Member Boateng was appointed by the Board to the Fund\u2019s Board effective January\u00a01, 2024. For Municipal Income,<br \/>\nBoard Members Medero, Moschner and Thornton were last elected to the Fund\u2019s Board as Class\u00a0II Board Members at the annual meeting of shareholders held on August\u00a08, 2024, and Board Member Starr was appointed by the Board to the<br \/>\nFund\u2019s Board effective January\u00a01, 2024. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">8 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Class\u00a0III Board Members: For each of AMT-Free<br \/>\nValue, Municipal Value, New York Value, Select Maturities, Select Tax-Free and Taxable Income, Board Members Medero, Moschner and Thornton were last elected to the Fund\u2019s Board as Class\u00a0III Board<br \/>\nMembers at the annual meeting of shareholders held on August\u00a08, 2024. For each of AMT-Free Credit Income, Dynamic Municipal, Credit Income, Municipal High Income, New York Quality Income and Quality<br \/>\nIncome, Board Members Medero, Starr and Thornton were last elected to the Fund\u2019s Board as Class\u00a0III Board Members at the annual meeting of shareholders held on August\u00a08, 2024. For each of<br \/>\nAMT-Free Quality and New York AMT-Free, Board Members Medero, Starr and Thornton were last elected the Fund\u2019s Board as Class\u00a0III Board Members at the annual<br \/>\nmeeting of shareholders held on August\u00a015, 2024. For Municipal Income, Board Members Forrester, Kenny, Wolff and Young were last elected to the Fund\u2019s Board as Class\u00a0III Board Members at the annual meeting of shareholders held on<br \/>\nAugust\u00a014, 2025. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Board Members Elected by Holders of Preferred Shares: For each of AMT-Free Credit<br \/>\nIncome, AMT-Free Quality, Dynamic Municipal, Credit Income, Municipal High Income, New York AMT-Free, New York Quality Income and Quality Income, Board Members Moschner<br \/>\nand Wolff were last elected to the Fund\u2019s Board at the annual meeting of shareholders held on August\u00a014, 2025. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">All Board Member nominees and<br \/>\ncurrent and continuing Board Members are not \u201cinterested persons,\u201d as defined in the Investment Company Act of 1940, as amended (the \u201c1940 Act\u201d), of the Funds or Nuveen Fund Advisors, LLC (the \u201cAdviser\u201d) and have<br \/>\nnever been an employee or director of Teachers Insurance and Annuity Association of America (\u201cTIAA\u201d) or Nuveen, LLC (\u201cNuveen\u201d), the Adviser\u2019s parent companies, or any affiliate. Accordingly, such Board Members are<br \/>\ndeemed \u201cIndependent Board Members.\u201d <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The Board unanimously recommends that shareholders vote FOR the election of each Board Member nominee.<br \/>\nEach Board Member is listed in the table below in alphabetical order. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Except as otherwise noted, the Funds and the other funds advised by the Adviser and<br \/>\nthe mutual funds advised by TIAA that are series of the TIAA-CREF Funds and the TIAA-CREF Life Funds are collectively referred to herein as the \u201cFund Complex.\u201d <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">9 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Board Members\/Nominees <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name,\u00a0Business\u00a0Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held\u00a0with<br \/>Funds<br \/>\n\u00a0<br \/>\nTerm\u00a0of\u00a0Office<br \/>and\u00a0Length\u00a0of<br \/>Time\u00a0Served<br \/>with\u00a0Funds\u00a0in<br \/>the\u00a0Fund\u00a0Complex(1)<br \/>\n\u00a0\u00a0<br \/>\nPrincipal\u00a0Occupation(s)<br \/>During Past Five Years<br \/>\n\u00a0<br \/>\nNumber\u00a0of<br \/>Portfolios<br \/>in\u00a0Fund<br \/>Complex(3)<br \/>Overseen<br \/>by\u00a0Board<br \/>Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Other<br \/>Directorships<br \/>Held\u00a0by<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Board<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\" align=\"center\">Member<br \/>During\u00a0the<br \/>Past\u00a0Five\u00a0Years<\/p>\n<p>Board Members\/Nominees who are not \u201cinterested persons\u201d of the Funds<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Joseph A. Boateng<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">1963<\/p>\n<p>\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Class\u00a0I or II Board Member until 2026 annual shareholder meeting and nominee for Class\u00a0I or II Board Member until 2029 annual<br \/>\nshareholder meeting( (2)<\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of<br \/>\nService: Since 2019<\/p>\n<p>\u00a0\u00a0<br \/>\nChief Investment Officer, Casey Family Programs (since 2007); formerly, Director of U.S. Pension Plans, Johnson\u00a0&amp; Johnson (2002- 2006).<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nBoard Member, Lumina Foundation (since 2018) and Waterside School (since 2021); Board Member (2012-2019) and Emeritus Board Member (since 2020), Year-Up<br \/>\nPuget Sound; formerly, Investment Advisory Committee Member and Chair (2007-2024), Seattle City Employees\u2019 Retirement System; Investment Committee Member (since 2012), The Seattle Foundation; Trustee (2018-2023), the College Retirement Equities Fund; Manager (2019-2023), TIAA Separate Account<br \/>\nVA-1.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">10 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name,\u00a0Business\u00a0Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held\u00a0with<br \/>Funds<br \/>\n\u00a0<br \/>\nTerm\u00a0of\u00a0Office<br \/>and\u00a0Length\u00a0of<br \/>Time\u00a0Served<br \/>with\u00a0Funds\u00a0in<br \/>the\u00a0Fund\u00a0Complex(1)<br \/>\n\u00a0\u00a0<br \/>\nPrincipal\u00a0Occupation(s)<br \/>During Past Five Years<br \/>\n\u00a0<br \/>\nNumber\u00a0of<br \/>Portfolios<br \/>in\u00a0Fund<br \/>Complex(3)<br \/>Overseen<br \/>by\u00a0Board<br \/>Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Other<br \/>Directorships<br \/>Held\u00a0by<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Board<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\" align=\"center\">Member<br \/>During\u00a0the<br \/>Past\u00a0Five\u00a0Years<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Michael A. Forrester<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">1967<\/p>\n<p>\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Class\u00a0I or III Board Member until 2028 annual shareholder meeting(2)<\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of Service: Since 2007<\/p>\n<p>\u00a0\u00a0<br \/>\nFormerly, Chief Executive Officer (2014\u20132021) and Chief Operating Officer (2007\u20132014), Copper Rock Capital Partners, LLC.<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nDirector, Aflac Incorporated (since 2025); Trustee, Dexter Southfield School (since 2019); Member (since 2020), Governing Council of the Independent Directors Council (IDC); Trustee, the College Retirement Equities Fund and Manager,<br \/>\nTIAA Separate Account VA-1 (2007-2023).<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Thomas J. Kenny<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">1963<\/p>\n<p>\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Class\u00a0I or III Board Member until 2028 annual shareholder meeting (2)<\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of Service: Since 2011<\/p>\n<p>\u00a0\u00a0<br \/>\nFormerly, Advisory Director (2010\u2013 2011), Partner (2004\u20132010), Managing Director (1999\u20132004) and Co-Head of Global Cash and Fixed Income Portfolio Management Team<br \/>\n(2002\u20132010), Goldman Sachs Asset Management.<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nChairman of the Board (since 2025), Apeel Sciences; Director (since 2015) and Chair of the Finance and Investment Committee (since 2018), Aflac Incorporated; formerly, Director (2021-2022), ParentSquare; formerly, Director<br \/>\n(2021-2022) and Finance Committee Chair (2016-2022), Sansum Clinic; formerly, Advisory Board Member (2017-2019), B\u2019Box; formerly, Member (2011-2020), the University of<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">11 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name,\u00a0Business\u00a0Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held\u00a0with<br \/>Funds<br \/>\n\u00a0<br \/>\nTerm\u00a0of\u00a0Office<br \/>and\u00a0Length\u00a0of<br \/>Time\u00a0Served<br \/>with\u00a0Funds\u00a0in<br \/>the\u00a0Fund\u00a0Complex(1)<br \/>\n\u00a0\u00a0<br \/>\nPrincipal\u00a0Occupation(s)<br \/>During Past Five Years<br \/>\n\u00a0<br \/>\nNumber\u00a0of<br \/>Portfolios<br \/>in\u00a0Fund<br \/>Complex(3)<br \/>Overseen<br \/>by\u00a0Board<br \/>Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Other<br \/>Directorships<br \/>Held\u00a0by<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Board<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\" align=\"center\">Member<br \/>During\u00a0the<br \/>Past\u00a0Five\u00a0Years<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<br \/>\nCalifornia at Santa Barbara Arts and Lectures Advisory Council; formerly, Investment Committee Member (2012-2020), Cottage Health System; formerly, Board Member (2009-2019) and President of the Board (2014- 2018), Crane Country Day<br \/>\nSchool; Trustee (2011-2023) and Chairman (2017-2023), the College Retirement Equities Fund; Manager (2011-2023) and Chairman (2017-2023), TIAA Separate Account VA-1.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Amy B. R. Lancellotta<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">333 West Wacker Drive<br \/>\n<br \/>Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">1959<\/p>\n<p>\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Class\u00a0I or II Board Member until 2026 annual shareholder meeting and nominee for Class\u00a0I or II Board Member until 2029 annual<br \/>\nshareholder meeting(2) <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of<br \/>\nService: Since 2021<\/p>\n<p>\u00a0\u00a0<br \/>\nFormerly, Managing Director, Independent Directors Council (\u201cIDC\u201d) (2006-2019) (supports the fund independent director community and is part of the Investment Company Institute (\u201cICI\u201d), which represents<br \/>\nregulated investment companies); formerly, various positions with ICI (1989- 2006).<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nFormerly, President (2023-2025) and Member (2020-2025) of the Board of Directors, Jewish Coalition Against Domestic Abuse (JCADA).<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">12 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name,\u00a0Business\u00a0Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held\u00a0with<br \/>Funds<br \/>\n\u00a0<br \/>\nTerm\u00a0of\u00a0Office<br \/>and\u00a0Length\u00a0of<br \/>Time\u00a0Served<br \/>with\u00a0Funds\u00a0in<br \/>the\u00a0Fund\u00a0Complex(1)<br \/>\n\u00a0\u00a0<br \/>\nPrincipal\u00a0Occupation(s)<br \/>During Past Five Years<br \/>\n\u00a0<br \/>\nNumber\u00a0of<br \/>Portfolios<br \/>in\u00a0Fund<br \/>Complex(3)<br \/>Overseen<br \/>by\u00a0Board<br \/>Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Other<br \/>Directorships<br \/>Held\u00a0by<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Board<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\" align=\"center\">Member<br \/>During\u00a0the<br \/>Past\u00a0Five\u00a0Years<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Joanne T. Medero<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">333 West Wacker Drive <br \/>Chicago, IL<br \/>\n60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">1954<\/p>\n<p>\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Class\u00a0II or III Board Member until 2027 annual shareholder meeting(2) <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of Service: Since 2021<\/p>\n<p>\u00a0\u00a0<br \/>\nFormerly, Managing Director, Government Relations and Public Policy (2009-2020) and Senior Advisor to the Vice Chairman (2018-2020), BlackRock, Inc. (global investment management firm); formerly, Managing Director, Global Head of<br \/>\nGovernment Relations and Public Policy, Barclays Group (IBIM) (investment banking, investment management businesses) (2006-2009); formerly, Managing Director, Global General Counsel and Corporate Secretary, Barclays Global Investors (global<br \/>\ninvestment management firm) (1996-2006); formerly, Partner, Orrick, Herrington\u00a0&amp; Sutcliffe LLP (law firm) (1993-1995); formerly, General Counsel, Commodity Futures Trading Commission (government agency overseeing U.S. derivatives markets)<br \/>\n(1989-1993); formerly, Deputy Associate Director\/Associate Director for Legal and Financial Affairs, Office of Presidential Personnel, The White House (1986-1989).<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nMember (since 2019) of the Board of Directors, Baltic-American Freedom Foundation (seeks to provide opportunities for citizens of the Baltic states to gain education and professional development through exchanges in the<br \/>\nU.S.).<\/p>\n<p>Albin F. Moschner <br \/>333 West Wacker Drive <br \/>Chicago, IL 60606 <br \/>1952<br \/>\n\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<br \/>\nTerm: Board Member until 2026 annual shareholder meeting and nominee for term until 2027 annual shareholder meeting (Funds with Preferred Shares); Class\u00a0II or III Board Member until<br \/>\n\u00a0\u00a0<br \/>\nFounder and Chief Executive Officer, Northcroft Partners, LLC, (management consulting), (since 2012); previously, held positions at Leap Wireless International, Inc., (consumer wireless service) including Consultant (2011-2012),<br \/>\nChief Operating Officer (2008-2011) and Chief Marketing Officer (2004-2008); formerly, President, Verizon Card Services division of Verizon<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nFormerly, Chairman (2019)\u00a0and Director (2012-2019), USA Technologies, Inc. (a provider of solutions and services to facilitate electronic payment transactions);<br \/>\nformerly,<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">13 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name,\u00a0Business\u00a0Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held\u00a0with<br \/>Funds<br \/>\n\u00a0<br \/>\nTerm\u00a0of\u00a0Office<br \/>and\u00a0Length\u00a0of<br \/>Time\u00a0Served<br \/>with\u00a0Funds\u00a0in<br \/>the\u00a0Fund\u00a0Complex(1)<br \/>\n\u00a0\u00a0<br \/>\nPrincipal\u00a0Occupation(s)<br \/>During Past Five Years<br \/>\n\u00a0<br \/>\nNumber\u00a0of<br \/>Portfolios<br \/>in\u00a0Fund<br \/>Complex(3)<br \/>Overseen<br \/>by\u00a0Board<br \/>Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Other<br \/>Directorships<br \/>Held\u00a0by<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Board<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\" align=\"center\">Member<br \/>During\u00a0the<br \/>Past\u00a0Five\u00a0Years<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">2027 annual shareholder meeting (Funds without Preferred Shares)(2) <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of Service: Since 2016<\/p>\n<p>\u00a0\u00a0<br \/>\nCommunications, Inc. (telecommunications services) (2000-2003); formerly, President, One Point Services at One Point Communications (telecommunications services) (1999-2000); formerly, Vice Chairman of the Board, Diba, Incorporated<br \/>\n(internet technology provider) (1996- 1997); formerly, various executive positions (1991- 1996) and Chief Executive Officer (1995-1996) of Zenith Electronics Corporation (consumer electronics).<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\nDirector, Wintrust Financial Corporation (1996-2016).<\/p>\n<p>John K. Nelson <br \/>333 West Wacker Drive <br \/>Chicago, IL 60606 <br \/>1962<br \/>\n\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Class\u00a0I or II Board Member until 2026 annual shareholder meeting and nominee for Class\u00a0I or II Board Member until 2029 annual<br \/>\nshareholder meeting(2)<\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of<br \/>\nService: Since 2013<\/p>\n<p>\u00a0\u00a0<br \/>\nFormerly, Senior External Advisor to the Financial Services practice of Deloitte Consulting LLP consulting and accounting (2012- 2014); Chief Executive Officer of ABN AMRO Bank N.V., North America (insurance), and Global Head of the<br \/>\nFinancial Markets Division (2007- 2008), with various executive leadership roles in ABN AMRO Bank N.V. between 1996 and 2007.<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nFormerly, Member of Board of Directors (2008-2023) of Core12 LLC (private firm which develops branding, marketing and communications strategies for clients); formerly, Member of the President\u2019s Council (2010-2019) of Fordham<br \/>\nUniversity; formerly, Director (2009-2018) of the Curran Center for Catholic American Studies; formerly, Trustee and Chairman of The Board of Trustees of Marian University (2011-2013).<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">14 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name,\u00a0Business\u00a0Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held\u00a0with<br \/>Funds<br \/>\n\u00a0<br \/>\nTerm\u00a0of\u00a0Office<br \/>and\u00a0Length\u00a0of<br \/>Time\u00a0Served<br \/>with\u00a0Funds\u00a0in<br \/>the\u00a0Fund\u00a0Complex(1)<br \/>\n\u00a0\u00a0<br \/>\nPrincipal\u00a0Occupation(s)<br \/>During Past Five Years<br \/>\n\u00a0<br \/>\nNumber\u00a0of<br \/>Portfolios<br \/>in\u00a0Fund<br \/>Complex(3)<br \/>Overseen<br \/>by\u00a0Board<br \/>Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Other<br \/>Directorships<br \/>Held\u00a0by<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Board<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\" align=\"center\">Member<br \/>During\u00a0the<br \/>Past\u00a0Five\u00a0Years<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Loren M. Starr<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">1961<\/p>\n<p>\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Class\u00a0II or III Board Member until 2027 annual shareholder meeting(2) <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of Service: Since 2022<\/p>\n<p>\u00a0\u00a0<br \/>\nIndependent Consultant\/Advisor (since 2021); formerly, Vice Chair, Senior Managing Director (2020\u2013 2021), Chief Financial Officer, Senior Managing Director (2005\u2013 2020), Invesco Ltd. (asset management).<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nDirector (since 2023) and Chair of the Board (since 2025), formerly, Chair of the Audit Committee (2024-2025), AMG; formerly, Chair and Member of the Board of Directors (2014- 2021), Georgia Leadership Institute for School<br \/>\nImprovement (GLISI); formerly, Chair and Member of the Board of Trustees (2014- 2018), Georgia Council on Economic Education (GCEE); Trustee, the College Retirement Equities Fund and Manager, TIAA Separate Account<br \/>\nVA-1 (2022-2023).<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Matthew Thornton III<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">1958<\/p>\n<p>\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Class\u00a0II or III Board Member until 2027 annual shareholder meeting(2) <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of Service: Since 2020<\/p>\n<p>\u00a0\u00a0<br \/>\nFormerly, Executive Vice President and Chief Operating Officer (2018-2019), FedEx Freight Corporation, a subsidiary of FedEx Corporation (\u201cFedEx\u201d) (provider of transportation, ecommerce and business services through its<br \/>\nportfolio of companies); formerly, Senior Vice President, U.S. Operations (2006-2018),<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nMember of the Board of Directors (since 2014), The Sherwin-Williams Company (develops, manufactures, distributes and sells paints, coatings and related products);<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">15 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name,\u00a0Business\u00a0Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held\u00a0with<br \/>Funds<br \/>\n\u00a0<br \/>\nTerm\u00a0of\u00a0Office<br \/>and\u00a0Length\u00a0of<br \/>Time\u00a0Served<br \/>with\u00a0Funds\u00a0in<br \/>the\u00a0Fund\u00a0Complex(1)<br \/>\n\u00a0\u00a0<br \/>\nPrincipal\u00a0Occupation(s)<br \/>During Past Five Years<br \/>\n\u00a0<br \/>\nNumber\u00a0of<br \/>Portfolios<br \/>in\u00a0Fund<br \/>Complex(3)<br \/>Overseen<br \/>by\u00a0Board<br \/>Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Other<br \/>Directorships<br \/>Held\u00a0by<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Board<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\" align=\"center\">Member<br \/>During\u00a0the<br \/>Past\u00a0Five\u00a0Years<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0\u00a0<br \/>\nFederal Express Corporation, a subsidiary of FedEx.<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\nMember of the Board of Directors (since 2020), Crown Castle International (provider of communications infrastructure); Member, the Executive Leadership Council (ELC) (since 2014).<\/p>\n<p>Terence\u00a0J. Toth <br \/>333 West Wacker Drive <br \/>Chicago, IL 60606 <br \/>1959<br \/>\n\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Class\u00a0I or\u00a0II Board Member until 2026 annual shareholder meeting and nominee for Class\u00a0I or II Board Member until 2029<br \/>\nannual shareholder meeting(2)<\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of Service: Since 2008<\/p>\n<p>\u00a0\u00a0<br \/>\nFormerly, Co-Founding Partner, Promus Capital (investment advisory firm) (2008-2017); formerly, Director of Quality Control Corporation (manufacturing) (2012-2021); formerly, Director, Fulcrum<br \/>\nIT Service LLC (information technology services firm to government entities) (2010- 2019); formerly, Director, LogicMark LLC (health services) (2012-2016); formerly, Director, Legal\u00a0&amp; General Investment Management America, Inc. (asset<br \/>\nmanagement) (2008-2013); formerly, CEO and President, Northern Trust Global Investments (financial services) (2004-2007); Executive Vice President, Quantitative Management\u00a0&amp; Securities Lending (2000-2004); prior thereto, various positions<br \/>\nwith Northern Trust Company (financial services) (since 1994).<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nFormerly, Chair and Member of the Board of Directors (2021- 2024), Kehrein Center for the Arts (philanthropy); Member of the Board of Directors (since 2008), Catalyst Schools of Chicago (philanthropy); Member of the Board of<br \/>\nDirectors (since 2012), formerly, Investment Committee Chair (2017-2022), Mather Foundation (philanthropy); formerly, Member (2005-2016), Chicago Fellowship Board (philanthropy); formerly, Member, Northern Trust Mutual<br \/>\nFunds<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">16 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name,\u00a0Business\u00a0Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held\u00a0with<br \/>Funds<br \/>\n\u00a0<br \/>\nTerm\u00a0of\u00a0Office<br \/>and\u00a0Length\u00a0of<br \/>Time\u00a0Served<br \/>with\u00a0Funds\u00a0in<br \/>the\u00a0Fund\u00a0Complex(1)<br \/>\n\u00a0\u00a0<br \/>\nPrincipal\u00a0Occupation(s)<br \/>During Past Five Years<br \/>\n\u00a0<br \/>\nNumber\u00a0of<br \/>Portfolios<br \/>in\u00a0Fund<br \/>Complex(3)<br \/>Overseen<br \/>by\u00a0Board<br \/>Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Other<br \/>Directorships<br \/>Held\u00a0by<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Board<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\" align=\"center\">Member<br \/>During\u00a0the<br \/>Past\u00a0Five\u00a0Years<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<br \/>\nBoard (2005-2007), Northern Trust Global Investments Board (2004- 2007), Northern Trust Japan Board (2004-2007), Northern Trust Securities Inc. Board (2003-2007) and Northern Trust Hong Kong Board (1997-2004).<\/p>\n<p>Margaret L. Wolff <br \/>333 West Wacker Drive <br \/>Chicago, IL 60606 <br \/>1955<br \/>\n\u00a0<br \/>\nBoard Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Board Member until 2026 annual shareholder meeting and nominee for term until 2027 annual shareholder meeting (Funds with Preferred<br \/>\nShares); Class\u00a0I or III Board Member until 2028 annual shareholder meeting (Funds without Preferred Shares)(2)<\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of Service: Since 2016<\/p>\n<p>\u00a0\u00a0<br \/>\nFormerly, Of Counsel (2005-2014), Skadden, Arps, Slate, Meagher\u00a0&amp; Flom LLP (Mergers\u00a0&amp; Acquisitions Group) (legal services).<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nMember of the Board of Trustees (since 2005), New York- Presbyterian Hospital; Member of the Board of Trustees (since 2004) formerly, Chair (2015-2022), The John A. Hartford Foundation (philanthropy dedicated to improving the care<br \/>\nof older adults); formerly, Member (2005-2015) and Vice Chair (2011-2015) of the Board of Trustees of Mt. Holyoke College; formerly, Member of the Board of Directors (2013-2017) of Travelers Insurance Company of Canada and The Dominion of Canada<br \/>\nGeneral Insurance Company (each,<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">17 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name,\u00a0Business\u00a0Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held\u00a0with<br \/>Funds<br \/>\n\u00a0<br \/>\nTerm\u00a0of\u00a0Office<br \/>and\u00a0Length\u00a0of<br \/>Time\u00a0Served<br \/>with\u00a0Funds\u00a0in<br \/>the\u00a0Fund\u00a0Complex(1)<br \/>\n\u00a0\u00a0<br \/>\nPrincipal\u00a0Occupation(s)<br \/>During Past Five Years<br \/>\n\u00a0<br \/>\nNumber\u00a0of<br \/>Portfolios<br \/>in\u00a0Fund<br \/>Complex(3)<br \/>Overseen<br \/>by\u00a0Board<br \/>Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Other<br \/>Directorships<br \/>Held\u00a0by<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Board<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\" align=\"center\">Member<br \/>During\u00a0the<br \/>Past\u00a0Five\u00a0Years<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<br \/>\na part of Travelers Canada, the Canadian operation of The Travelers Companies, Inc.).<\/p>\n<p>Robert L. Young <br \/>333 West Wacker Drive <br \/>Chicago, IL 60606 <br \/>1963<br \/>\n\u00a0<br \/>\nChair of the Board; Board Member<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">Term: Class\u00a0I or III Board Member until 2028 annual shareholder meeting (2)<\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\">Length of Service: Since 2017; Chair<br \/>\nsince 2025<\/p>\n<p>\u00a0\u00a0<br \/>\nFormerly, Chief Operating Officer and Director, J.P. Morgan Investment Management Inc. (financial services) (2010-2016); formerly, President and Principal Executive<br \/>\nOfficer (2013-2016), and Senior Vice President and Chief Operating Officer (2005-2010), of J.P. Morgan Funds; formerly, Director and various officer positions for J.P. Morgan Investment Management Inc. (formerly, JPMorgan Funds Management, Inc. and<br \/>\nformerly, One Group Administrative Services) and JPMorgan Distribution Services, Inc. (financial services) (formerly, One Group Dealer Services, Inc.) (1999-2017).<br \/>\n\u00a0<br \/>\n210<br \/>\n\u00a0<br \/>\nNone<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:7pt\" align=\"left\">Length of Time Served indicates the year in which the individual became a Board Member of any fund in the Fund<br \/>\nComplex. <\/p>\n<p>(2)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:7pt\" align=\"left\">For each of AMT-Free Value, Municipal Value, New York Value, Select<br \/>\nMaturities, Select Tax-Free and Taxable Income, Board Member Wolff serves as a Class\u00a0I Board Member and Board Member Moschner serves as a Class\u00a0III Board Member. For Municipal Income, Board Members<br \/>\nBoateng, Lancellotta, Nelson and Toth serve as Class\u00a0I Board Members; Board Members Medero, Moschner, Thornton and Starr serve as Class\u00a0II Board Members; and Board Members Forrester, Kenny, Wolff and Young serve as Class\u00a0III Board<br \/>\nMembers. <\/p>\n<p>(3)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:7pt\" align=\"left\">As used in this table, the Fund Complex consists of the funds advised by the Adviser, the mutual funds advised by<br \/>\nTeachers Advisors, LLC that are series of the TIAA-CREF Funds and the TIAA-CREF Life Funds. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:11pt\">Board Member Investments in the Funds\n<\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">In order to create an appropriate identity of interests between Board Members and shareholders, the Nuveen-sponsored registered investment companies (the<br \/>\n\u201cNuveen Funds\u201d) boards have adopted a governance principle pursuant to which each Board Member is expected to invest, either directly or on a deferred basis, at least the equivalent of one year of compensation in the funds in the Fund<br \/>\nComplex. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">18 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">The dollar range of equity securities beneficially owned by each Board Member in each Fund and the Fund Complex<br \/>\noverseen by the Board Member as of May\u00a031, 2026 is set forth in Appendix\u00a0A. The number of shares of each Fund beneficially owned by each Board Member and by the Board Members and officers of the Funds as a group as of<br \/>\nMay\u00a031, 2026 is also set forth in Appendix\u00a0A. As of June\u00a022, 2026, each Board Member\u2019s individual beneficial shareholdings of each Fund constituted less than 1% of the outstanding shares of the Fund. As of<br \/>\nJune\u00a022, 2026, the Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each Fund. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The table<br \/>\nbelow presents information on Board Members who own securities in companies (other than registered investment companies) that are advised by entities that are under common control with the Funds\u2019 investment adviser as of December\u00a031,<br \/>\n2025: <\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name of<br \/>Board\u00a0Member<br \/>\n\u00a0\u00a0<br \/>\nName\u00a0of\u00a0Owners\/<br \/>Relationships\u00a0to<br \/>Board\u00a0Member<br \/>\n\u00a0\u00a0<br \/>\nCompanies(1)<br \/>\n\u00a0\u00a0<br \/>\nTitle\u00a0of<br \/>Class<br \/>\n\u00a0\u00a0<br \/>\nValue\u00a0of<br \/>Securities(2)<br \/>\n\u00a0\u00a0<br \/>\nPercent\u00a0of<br \/>Class(3)<\/p>\n<p>Thomas\u00a0J.\u00a0Kenny<br \/>\n\u00a0\u00a0<br \/>\nThomas\u00a0Joseph\u00a0Kenny 2021 Trust (Mr.\u00a0Kenny is Initial Trustee and Settlor.)<br \/>\n\u00a0\u00a0<br \/>\nGlobal Timber Resources LLC<br \/>\n\u00a0\u00a0<br \/>\nNone<br \/>\n\u00a0\u00a0<br \/>\n$29,310<br \/>\n\u00a0\u00a0<br \/>\n0.01%<\/p>\n<p>\u00a0\u00a0<br \/>\nKSHFO, LLC4<br \/>\n\u00a0\u00a0<br \/>\nGlobal Timber Resources\u00a0Investor Fund, LP<br \/>\n\u00a0\u00a0<br \/>\nNone<br \/>\n\u00a0\u00a0<br \/>\n$456,666<br \/>\n\u00a0\u00a0<br \/>\n6.01%<\/p>\n<p>\u00a0\u00a0<br \/>\nKSHFO, LLC4<br \/>\n\u00a0\u00a0<br \/>\nTIAA-CREF Global Agriculture II LLC<br \/>\n\u00a0\u00a0<br \/>\nNone<br \/>\n\u00a0\u00a0<br \/>\n$803,608<br \/>\n\u00a0\u00a0<br \/>\n0.05%<\/p>\n<p>\u00a0<br \/>\n\u00a0\u00a0<br \/>\nKSHFO, LLC4<br \/>\n\u00a0\u00a0<br \/>\nGlobal\u00a0Agriculture\u00a0II AIV (US) LLC<br \/>\n\u00a0\u00a0<br \/>\nNone<br \/>\n\u00a0\u00a0<br \/>\n$659,993<br \/>\n\u00a0\u00a0<br \/>\n0.17%<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:7pt\" align=\"left\">The Adviser, as well as the investment advisers to these Companies, are indirectly commonly controlled by Nuveen.\n<\/p>\n<p>(2)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:7pt\" align=\"left\">These amounts reflect the value of holdings as of December\u00a031, 2025. As of the date of this Joint Proxy<br \/>\nStatement, that is the most recent information available regarding the valuation of shares of the Companies. <\/p>\n<p>(3)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:7pt\" align=\"left\">These percentages reflect the overall amount committed to invest in the Companies, not current ownership<br \/>\npercentages. <\/p>\n<p>(4)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:7pt\" align=\"left\">Mr.\u00a0Kenny owns 6.60% of KSHFO, LLC. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:11pt\">Compensation <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Prior to January\u00a01, 2025, Independent<br \/>\nBoard Members received a $350,000 annual retainer, plus they received (a)\u00a0an annual retainer of $30,000 for membership on the Audit Committee and Compliance, Risk Management and Regulatory Oversight Committee, respectively; (b)\u00a0an annual<br \/>\nretainer of $20,000 for membership on the Investment Committee; and (c)\u00a0an annual retainer of $20,000 for membership on the Dividend Committee, Nominating and Governance Committee and Closed-End Funds<br \/>\nCommittee, respectively. In addition to the payments described above, the Chair and\/or Co-Chair of the Board received $140,000 annually; the chair and\/or co-chair of the<br \/>\nAudit Committee and Compliance, Risk Management and Regulatory Oversight Committee received $30,000 annually; the chair and\/or co-chair of the Investment Committee received $20,000 annually; and the chair<br \/>\nand\/or co-chair of the Dividend Committee, Nominating and Governance Committee and Closed-End Funds Committee received $20,000 annually. Independent Board Members were<br \/>\npaid either $1,000 or $2,500 for any ad hoc meetings of the Board or its Committees depending upon the meeting\u2019s length and immediacy. For any special assignment committees, the chair and\/or co-chair<br \/>\nwere paid a quarterly <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">19 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nfee starting at $1,250 and members were paid a quarterly fee starting at $5,000. The annual retainers, fees and expenses of the Board were allocated among the funds in the Fund Complex in an<br \/>\nequitable manner, although a minimum amount may have been established to be allocated to each fund. In certain instances, fees and expenses were allocated only to those funds that are discussed at a given meeting. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Effective January\u00a01, 2025, Independent Board Members receive a $350,000, increased to $355,000 as of January\u00a01, 2026, annual retainer, plus they receive<br \/>\n(a)\u00a0an annual retainer of $35,000 for membership on the Audit Committee and Compliance, Risk Management and Regulatory Oversight Committee, respectively; (b)\u00a0an annual retainer of $30,000, increased to $35,000 as of January\u00a01, 2026,<br \/>\nfor membership on the Investment Committee; and (c)\u00a0an annual retainer of $25,000 for membership on the Dividend Committee, Nominating and Governance Committee and Closed-End Funds Committee,<br \/>\nrespectively. In addition to the payments described above, the Chair of the Board receives $150,000, increased to $160,000 as of January\u00a01, 2026, annually; the Chairs of the Audit Committee and Compliance, Risk Management and Regulatory<br \/>\nOversight Committee receive $35,000 annually; the Chair and\/or Co-Chair of the Investment Committee receives $30,000, increased to $35,000 as of January\u00a01, 2026, annually; and the Chairs of the Dividend<br \/>\nCommittee, Nominating and Governance Committee and Closed-End Funds Committee receive $25,000 annually. Independent Board Members will be paid either $1,000 or $2,500 for any ad hoc meetings of the Board or<br \/>\nits Committees depending upon the meeting\u2019s length and immediacy. For any special assignment committees, the Chair and\/or Co-Chair will be paid a quarterly fee starting at $1,250 and members will be paid<br \/>\na quarterly fee starting at $5,000. The annual retainers, fees and expenses of the Board are allocated among the funds in the Fund Complex in an equitable manner, although a minimum amount may be established to be allocated to each fund. In certain<br \/>\ninstances, fees and expenses will be allocated only to those funds that are discussed at a given meeting. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The Funds do not have retirement or pension plans.<br \/>\nCertain Nuveen Funds (the \u201cParticipating Funds\u201d) participate in a deferred compensation plan (the \u201cDeferred Compensation Plan\u201d) that permits an Independent Board Member to elect to defer receipt of all or a portion of his or<br \/>\nher compensation as an Independent Board Member. The deferred compensation of a participating Independent Board Member is credited to a book reserve account of the Participating Fund when the compensation would otherwise have been paid to such<br \/>\nIndependent Board Member. The value of an Independent Board Member\u2019s deferral account at any time is equal to the value that the account would have had if contributions to the account had been invested and reinvested in shares of one or more<br \/>\nof the eligible Nuveen Funds. At the time for commencing distributions from an Independent Board Member\u2019s deferral account, the Independent Board Member may elect to receive distributions in a lump sum or over a period of two to 20 years. The<br \/>\nParticipating Fund will not be liable for any other fund\u2019s obligations to make distributions under the Deferred Compensation Plan.  <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The<br \/>\nFunds have no employees. The officers of the Funds serve without any compensation from the Funds. The Funds\u2019 Chief Compliance Officer\u2019s (\u201cCCO\u201d) compensation, which is composed of base salary and incentive compensation, is<br \/>\npaid by the Adviser, with review and input by the Board. The Funds reimburse the Adviser for an allocable portion of the Adviser\u2019s cost of the CCO\u2019s incentive compensation. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">20 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">The table below shows, for each Independent Board Member and nominee, the aggregate compensation paid by each<br \/>\nFund to the Independent Board Member\/nominee for its last fiscal year. <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>Aggregate Compensation from the Funds(*)<br \/>\n\u00a0<\/p>\n<p>Fund Name<br \/>\n\u00a0<br \/>\nJoseph\u00a0A.<br \/>Boateng<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nMichael\u00a0A.<br \/>Forrester<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nThomas\u00a0J.<br \/>Kenny<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nAmy B. R.<br \/>Lancellotta<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nJoanne\u00a0T.<br \/>Medero<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nAlbin F.<br \/>Moschner<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nJohn\u00a0K.<br \/>Nelson<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nLoren\u00a0M.<br \/>Starr<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nMatthew<br \/>Thornton\u00a0III<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nTerence<br \/>J. Toth<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nMargaret<br \/>L. Wolff<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nRobert\u00a0L.<br \/>Young<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">AMT-Free Credit Income<\/p>\n<p>\u00a0<br \/>\n$<br \/>\n12,121<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n12,154<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n13,403<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n13,235<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n11,877<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n12,343<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n12,868<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n12,343<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n13,142<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n11,752<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n13,557<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n15,827<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">AMT-Free Value<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n718<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n720<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n794<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n784<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n704<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n731<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n763<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n731<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n779<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n696<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n803<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n938<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Credit Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n10,233<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n10,260<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n11,316<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n11,173<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n10,027<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n10,420<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n10,863<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n10,420<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n11,094<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n9,921<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n11,445<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n13,361<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">AMT-Free Quality<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n14,958<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n15,001<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n16,558<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n16,332<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n14,664<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n15,235<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n15,879<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n15,235<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n16,218<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n14,507<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n16,735<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n19,533<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Dynamic Municipal<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,350<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,356<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,598<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,566<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,302<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,393<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,494<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,393<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,548<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,278<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,628<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n3,068<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Municipal High Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n4,236<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,247<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,680<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,625<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,149<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,312<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,497<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,312<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,592<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,106<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,736<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,530<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Municipal Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n276<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n276<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n304<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n301<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n270<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n281<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n293<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n281<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n299<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n267<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n308<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n360<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Municipal Value<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n5,085<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,098<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,620<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,552<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,981<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,177<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,398<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,177<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,513<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,929<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,686<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n6,638<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">New York AMT-Free<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n4,348<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,408<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,136<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,733<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,387<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,499<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,611<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,535<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,710<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,323<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,020<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,749<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">New\u00a0York\u00a0Quality\u00a0Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,530<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,551<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,807<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,665<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,544<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,583<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,622<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,596<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,658<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,521<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,767<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,023<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">New\u00a0York\u00a0Value<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n440<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n446<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n520<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n479<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n444<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n455<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n467<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n459<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n477<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n438<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n508<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n582<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Quality\u00a0Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n12,112<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n12,144<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n13,395<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n13,224<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n11,869<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n12,333<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n12,858<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n12,333<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n13,131<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n11,743<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n13,546<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n15,814<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Select\u00a0Maturities<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n333<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n330<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n343<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n363<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n316<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n333<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n353<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n333<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n360<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n316<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n365<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n430<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Select\u00a0Tax-Free<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,988<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,968<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,048<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,168<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,887<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,988<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,108<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,988<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,148<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,887<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,178<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,569<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Taxable\u00a0Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,832<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,814<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,888<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,999<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,740<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,833<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,943<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,833<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,980<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,740<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,008<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,368<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Total\u00a0Compensation from Nuveen Funds Paid to Board<br \/>\nMembers\/Nominees<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n487,250<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n488,500<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n538,500<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n532,000<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n477,250<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n496,000<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n517,250<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n496,000<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n528,250<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n472,250<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n544,750<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n636,000<br \/>\n\u00a0<\/p>\n<p>(*)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Includes deferred fees. Pursuant to the Deferred Compensation Plan with certain Participating Funds, deferred<br \/>\namounts are treated as though an equivalent dollar amount has been invested in shares of one or more Participating Funds. Total deferred fees for the Participating Funds (including the return from the assumed investment in the Participating Funds)<br \/>\npayable are: <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">21 <\/p>\n<p>Fund Name<br \/>\n\u00a0<br \/>\nJoseph\u00a0A.<br \/>Boateng<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nMichael\u00a0A.<br \/>Forrester<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nThomas\u00a0J.<br \/>Kenny<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nAmy B. R.<br \/>Lancellotta<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nJoanne\u00a0T.<br \/>Medero<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nAlbin F.<br \/>Moschner<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nJohn\u00a0K.<br \/>Nelson<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nLoren\u00a0M.<br \/>Starr<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nMatthew<br \/>Thornton\u00a0III<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nTerence\u00a0J.<br \/>Toth<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nMargaret<br \/>L. Wolff<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nRobert\u00a0L.<br \/>Young<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">AMT-Free\u00a0Credit\u00a0Income<\/p>\n<p>\u00a0<br \/>\n$<br \/>\n3,030<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n12,154<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n2,875<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n2,050<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n2,683<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n1,075<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n4,067<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n10,287<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">AMT-Free Value<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n180<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n720<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n170<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n121<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n159<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n63<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n241<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n610<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Credit Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,558<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n10,260<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,428<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,732<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,265<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n909<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n3,433<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n8,685<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">AMT-Free Quality<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n3,740<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n15,001<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n3,555<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,544<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n3,318<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,348<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,020<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n12,696<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Dynamic Municipal<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n587<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,356<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n557<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n397<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n520<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n208<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n788<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,994<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Municipal\u00a0High\u00a0Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,059<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,247<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,003<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n713<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n936<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n371<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,421<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n3,595<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Municipal Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n69<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n276<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n65<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n46<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n61<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n24<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n92<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n234<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Municipal Value<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,271<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5,098<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,205<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n858<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,124<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n448<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,706<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,315<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">New York AMT-Free<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,087<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,408<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,169<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,002<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,102<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n798<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,506<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n3,737<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">New\u00a0York\u00a0Quality\u00a0Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n383<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,551<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n411<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n352<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n388<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n280<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n530<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,315<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">New York Value<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n110<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n446<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n118<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n101<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n111<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n80<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n152<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n378<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Quality Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n3,028<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n12,144<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,873<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2,050<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n2.681<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,076<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n4,064<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n10,279<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Select Maturities<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n83<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n330<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n69<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n36<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n63<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n109<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n280<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Select Tax-Free<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n497<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,968<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n410<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n217<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n377<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n653<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,670<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt\">Taxable Income<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n458<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,814<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n378<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n200<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n348<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n602<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n1,539<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">22 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Board Leadership Structure and Risk Oversight <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The Board of each Fund oversees the operations and management of the Fund, including the duties performed for the Fund by the Adviser. The Board has adopted a<br \/>\nunitary board structure. A unitary board consists of one group of board members who serves on the board of every fund in the Fund Complex. In adopting a unitary board structure, the Board Members seek to provide effective governance through<br \/>\nestablishing a board, the overall composition of which will, as a body, possess the appropriate skills, diversity (including, among other things, gender, race and ethnicity), independence and experience to oversee the Funds\u2019 business. With<br \/>\nthis overall framework in mind, when the Board, through its Nominating and Governance Committee discussed below, seeks nominees for the Board, the Board Members consider not only the candidate\u2019s particular background, skills and experience,<br \/>\namong other things, but also whether such background, skills and experience enhance the Board\u2019s diversity and at the same time complement the Board given its current composition and the mix of skills and experiences of the incumbent Board<br \/>\nMembers. The Nominating and Governance Committee believes that the Board generally benefits from diversity of background (including, among other things, gender, race and ethnicity), skills, experience and views among its members, and considers this<br \/>\na factor in evaluating the composition of the Board, but has not adopted any specific policy on diversity or any particular definition of diversity. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The<br \/>\nBoard believes the unitary board structure enhances good and effective governance, particularly given the nature of the structure of the investment company complex. Funds in the same complex generally are served by the same service providers and<br \/>\npersonnel and are governed by the same regulatory scheme which raises common issues that must be addressed by the Board Members across the Fund Complex (such as compliance, valuation, liquidity, brokerage, trade allocation or risk management). The<br \/>\nBoard believes it is more efficient to have a single board review and oversee common policies and procedures which increases the Board\u2019s knowledge and expertise with respect to the many aspects of fund operations that are complex-wide in<br \/>\nnature. The unitary structure also enhances the Board\u2019s influence and oversight over the Adviser and other service providers. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">In an effort to enhance<br \/>\nthe independence of the Board, the Board also has a Chair that is an Independent Board Member. The Board recognizes that a chair can perform an important role in setting the agenda for the Board, establishing the boardroom culture, establishing a<br \/>\npoint person on behalf of the Board for Fund management and reinforcing the Board\u2019s focus on the long-term interests of shareholders. The Board recognizes that a chair may be able to better perform these functions without any conflicts of<br \/>\ninterests arising from a position with Fund management. Accordingly, the Board Members have elected Mr.\u00a0Young to serve as the independent Chair of the Board. Pursuant to the Fund by-laws, the Chair shall<br \/>\nperform all duties incident to the office of Chair of the Board and such other duties as from time to time may be assigned to him or her by the Board Members or the by-laws. Specific responsibilities of the<br \/>\nChair include (i)\u00a0coordinating with fund management in the preparation of the agenda for each meeting of the Board; (ii)\u00a0presiding at all meetings of the Board and of the shareholders; and (iii)\u00a0serving as a liaison with other Board<br \/>\nMembers, the Trust\u2019s officers and other fund management personnel, and counsel to the Independent Board Members. The Chair performs such other duties as the Board may from time to time determine. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Although the Board has direct responsibility over various matters (such as advisory contracts and underwriting contracts), the Board also exercises certain of its<br \/>\noversight responsibilities through several committees that it has established and which report back to the full Board. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">23 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nThe Board believes that a committee structure is an effective means to permit Board Members to focus on particular operations or issues affecting the Funds, including risk oversight. More<br \/>\nspecifically, with respect to risk oversight, the Board has delegated matters relating to valuation, compliance and investment risk to certain committees (as summarized below). In addition, the Board believes that the periodic rotation of Board<br \/>\nMembers among the different committees allows the Board Members to gain additional and different perspectives of a Fund\u2019s operations. The Board has established seven standing committees: the Executive Committee, the Dividend Committee, the<br \/>\nAudit Committee, the Compliance, Risk Management and Regulatory Oversight Committee, the Investment Committee, the Nominating and Governance Committee and the Closed-End Funds Committee. The Board may also<br \/>\nfrom time to time create ad hoc committees to focus on particular issues as the need arises. The membership and functions of the standing committees are summarized below. For more information on the Board, please visit www.nuveen.com\/fundgovernance.\n<\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Executive Committee. The Executive Committee, which meets between regular meetings of the Board, is authorized to exercise all of the powers of the<br \/>\nBoard. The members of the Executive Committee are Mr.\u00a0Young, Chair, Mr.\u00a0Kenny, Mr.\u00a0Nelson and Ms.\u00a0Wolff. The number of Executive Committee meetings of each Fund held during its last fiscal year is shown in Appendix C. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Dividend Committee. The Dividend Committee is authorized to declare distributions (with subsequent ratification by the Board) on each Fund\u2019s shares,<br \/>\nincluding, but not limited to, regular and special dividends, capital gains and ordinary income distributions. The Dividend Committee operates under a written charter adopted and approved by the Board. The members of the Dividend Committee are<br \/>\nMr.\u00a0Thornton, Chair, Mr.\u00a0Kenny, Mr.\u00a0Forrester, Ms.\u00a0Lancellotta, Mr.\u00a0Nelson and Mr.\u00a0Starr. The number of Dividend Committee meetings of each Fund held during its last fiscal year is shown in Appendix C. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Audit Committee. The Board has an Audit Committee, in accordance with Section\u00a03(a)(58)(A) of the Securities Exchange Act of 1934 (the \u201c1934<br \/>\nAct\u201d), that is composed of Independent Board Members who are also \u201cindependent\u201d as that term is defined in the listing standards pertaining to closed-end funds of the NYSE or NASDAQ as<br \/>\napplicable. The Audit Committee assists the Board in: the oversight and monitoring of the accounting and financial reporting policies, processes and practices of the Funds, and the audits of the financial statements of the Funds; the quality and<br \/>\nintegrity of the financial statements of the Funds; the Funds\u2019 compliance with legal and regulatory requirements relating to the Funds\u2019 financial statements; the independent auditors\u2019 qualifications, performance and independence;<br \/>\nand the Valuation Policy of the Nuveen Funds and the internal valuation group of the Adviser, as valuation designee for the Nuveen Funds. It is the responsibility of the Audit Committee to select, evaluate and replace any independent auditors<br \/>\n(subject only to Board approval and, if applicable, shareholder ratification) and to determine their compensation. The Audit Committee is also responsible for, among other things, overseeing the valuation of securities comprising the Funds\u2019<br \/>\nportfolios. The Audit Committee is also primarily responsible for the oversight of the Valuation Policy and actions taken by the Adviser, as valuation designee of the Fund, through its internal valuation group, which provides regular reports to the<br \/>\nAudit Committee, reviews any issues relating to the valuation of the Funds\u2019 securities brought to its attention, and considers the risks to the Funds in assessing the possible resolutions to these matters. The Audit Committee may also consider<br \/>\nany financial risk exposures for the Funds in conjunction with performing its functions. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">24 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">To fulfill its oversight duties, the Audit Committee regularly meets with Fund management to discuss the Nuveen<br \/>\nFunds\u2019 annual and semi-annual reports and has regular meetings with the external auditors for the Funds and the Adviser\u2019s internal audit group. In assessing financial risk disclosure, the Audit Committee also may review, in a general<br \/>\nmanner, the processes the Board or other Board committees have in place with respect to risk assessment and risk management as well as compliance with legal and regulatory matters relating to the Funds\u2019 financial statements. The Audit<br \/>\nCommittee operates under a written Audit Committee Charter (the \u201cCharter\u201d) adopted and approved by the Board, which Charter conforms to the listing standards of the NYSE or NASDAQ, as applicable. Members of the Audit Committee are<br \/>\nindependent (as set forth in the Charter) and free of any relationship that, in the opinion of the Board Members, would interfere with their exercise of independent judgment as an Audit Committee member. The members of the Audit Committee are<br \/>\nMr.\u00a0Nelson, Chair, Mr.\u00a0Boateng, Ms.\u00a0Lancellotta, Mr.\u00a0Starr, Mr.\u00a0Thornton, Mr.\u00a0Toth and Ms.\u00a0Wolff, each of whom is an Independent Board Member of the Funds. Mr.\u00a0Boateng, Mr.\u00a0Nelson and Mr.\u00a0Starr have<br \/>\neach been designated as an \u201caudit committee financial expert\u201d as defined by the rules of the Securities and Exchange Commission (\u201cSEC\u201d). A copy of the Charter is available at https:\/\/www.nuveen.com\/fundgovernance. The number<br \/>\nof Audit Committee meetings of each Fund held during its last fiscal year is shown in Appendix\u00a0C. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Compliance, Risk Management<br \/>\nand Regulatory Oversight Committee. The Compliance, Risk Management and Regulatory Oversight Committee (the \u201cCompliance Committee\u201d) is responsible for the oversight of compliance issues, risk management and other regulatory matters<br \/>\naffecting the Funds that are not otherwise under or within the jurisdiction of the other committees. The Board has adopted and periodically reviews policies and procedures designed to address the Funds\u2019 compliance and risk matters. As part of<br \/>\nits duties, the Compliance Committee: reviews the policies and procedures relating to compliance matters and recommends modifications thereto as necessary or appropriate to the full Board; develops new policies and procedures as new regulatory<br \/>\nmatters affecting the Funds arise from time to time; evaluates or considers any comments or reports from examinations from regulatory authorities and responses thereto; and performs any special reviews, investigations or other oversight<br \/>\nresponsibilities relating to risk management, compliance and\/or regulatory matters as requested by the Board. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">In addition, the Compliance Committee is<br \/>\nresponsible for risk oversight, including, but not limited to, the oversight of general risks related to investments which are not reviewed by other committees, such as liquidity and derivatives usage; risks related to product structure elements,<br \/>\nsuch as leverage; techniques that may be used to address the foregoing risks, such as hedging and swaps and Fund operational risk and risks related to the overall operation of the TIAA\/Nuveen enterprise and, in each case, the controls designed to<br \/>\naddress or mitigate such risks. In assessing issues brought to the Compliance Committee\u2019s attention or in reviewing a particular policy, procedure, investment technique or strategy, the Compliance Committee evaluates the risks to the Funds in<br \/>\nadopting a particular approach compared to the anticipated benefits to the Funds and their shareholders. In fulfilling its obligations, the Compliance Committee meets on a quarterly basis. The Compliance Committee receives written and oral reports<br \/>\nfrom the Funds\u2019 Chief Compliance Officer (\u201cCCO\u201d) and meets privately with the CCO at each of its quarterly meetings. The CCO also provides an annual report to the full Board regarding the operations of the Funds\u2019 and other<br \/>\nservice providers\u2019 compliance programs as well as any recommendations for modifications thereto. Certain matters not addressed at the <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">25 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\ncommittee level are addressed by another committee or directly by the full Board. The Compliance Committee operates under a written charter adopted and approved by the Board. The members of the<br \/>\nCompliance Committee are Ms.\u00a0Medero, Chair, Mr.\u00a0Forrester, Mr.\u00a0Kenny, Mr.\u00a0Moschner, Mr.\u00a0Starr and Mr.\u00a0Young. The number of Compliance Committee meetings of each Fund held during its last fiscal year is shown in<br \/>\nAppendix C. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Nominating and Governance Committee. The Nominating and Governance Committee is responsible for seeking, identifying and<br \/>\nrecommending to the Board qualified candidates for election or appointment to the Board. In addition, the Nominating and Governance Committee oversees matters of corporate governance, including the evaluation of Board performance and processes, the<br \/>\nassignment and rotation of committee members, and the establishment of corporate governance guidelines and procedures, to the extent necessary or desirable, and matters related thereto. The Nominating and Governance Committee recognizes that as<br \/>\ndemands on the Board evolve over time (such as through an increase in the number of funds overseen or an increase in the complexity of the issues raised), the Nominating and Governance Committee must continue to evaluate the Board and committee<br \/>\nstructures and their processes and modify the foregoing as may be necessary or appropriate to continue to provide effective governance. Accordingly, the Nominating and Governance Committee has a separate meeting each year to, among other things,<br \/>\nreview the Board and committee structures, their performance and functions, and recommend any modifications thereto or alternative structures or processes that would enhance the Board\u2019s governance of the Funds. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">In addition, the Nominating and Governance Committee, among other things: makes recommendations concerning the continuing education of Board Members; monitors<br \/>\nperformance of legal counsel; establishes and monitors a process by which security holders are able to communicate in writing with Board Members; and periodically reviews and makes recommendations about any appropriate changes to Board Member<br \/>\ncompensation. In the event of a vacancy on the Board, the Nominating and Governance Committee receives suggestions from various sources, including shareholders, as to suitable candidates. Suggestions should be sent in writing to William Siffermann,<br \/>\nManager of Fund Board Relations, Nuveen, 333 West Wacker Drive, Chicago, Illinois 60606. The Nominating and Governance Committee sets appropriate standards and requirements for nominations for new Board Members and each nominee is evaluated using<br \/>\nthe same standards. However, the Nominating and Governance Committee reserves the right to interview any and all candidates and to make the final selection of any new Board Members. In considering a candidate\u2019s qualifications, each candidate<br \/>\nmust meet certain basic requirements, including relevant skills and experience, time availability (including the time requirements for due diligence meetings with sub-advisers and service providers) and, if<br \/>\nqualifying as an Independent Board Member candidate, independence from the Adviser, sub-advisers, Nuveen Asset Management, underwriters and other service providers, including any affiliates of these entities.<br \/>\nThese skill and experience requirements may vary depending on the current composition of the Board, since the goal is to ensure an appropriate range of skills, diversity and experience, in the aggregate. Accordingly, the particular factors<br \/>\nconsidered and weight given to these factors will depend on the composition of the Board and the skills and backgrounds of the incumbent Board Members at the time of consideration of the nominees. All candidates, however, must meet high expectations<br \/>\nof personal integrity, independence, governance experience and professional competence. All candidates must be willing to be critical within the Board and with Fund management and yet maintain a collegial and collaborative manner toward other Board<br \/>\nMembers. The Nominating and Governance Committee operates under a written charter adopted and approved by the <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">26 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nBoard, a copy of which is available on the Funds\u2019 website at https:\/\/www.nuveen.com\/fundgovernance, and is composed entirely of Independent Board Members, who are also<br \/>\n\u201cindependent\u201d as defined by NYSE or NASDAQ listing standards. Accordingly, the members of the Nominating and Governance Committee are Mr.\u00a0Young, Chair, Mr.\u00a0Boateng, Mr.\u00a0Forrester, Mr.\u00a0Kenny, Ms.\u00a0Lancellotta,<br \/>\nMs.\u00a0Medero, Mr.\u00a0Moschner, Mr.\u00a0Nelson, Mr.\u00a0Starr, Mr.\u00a0Thornton, Mr.\u00a0Toth and Ms.\u00a0Wolff. The number of Nominating and Governance Committee meetings of each Fund held during its last fiscal year is shown in<br \/>\nAppendix C. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Investment Committee. The Investment Committee is responsible for the oversight of Fund performance, investment risk management and<br \/>\nother portfolio-related matters affecting the Funds which are not otherwise the jurisdiction of the other Board committees. As part of such oversight, the Investment Committee reviews each Fund\u2019s investment performance and investment risks,<br \/>\nwhich may include, but is not limited to, an evaluation of Fund performance relative to investment objectives, benchmarks and peer group; a review of risks related to portfolio investments, such as exposures to particular issuers, market sectors, or<br \/>\ntypes of securities, as well as consideration of other factors that could impact or are related to Fund performance; and an assessment of Fund objectives, policies and practices as such may relate to Fund performance. In assessing issues brought to<br \/>\nthe Investment Committee\u2019s attention or in reviewing an investment policy, technique or strategy, the Investment Committee evaluates the risks to the Funds in adopting or recommending a particular approach or resolution compared to the<br \/>\nanticipated benefits to the Funds and their shareholders. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">In fulfilling its obligations, the Investment Committee receives quarterly reports from the<br \/>\ninvestment oversight and the investment risk groups at Nuveen. Such groups also report to the full Board on a quarterly basis and the full Board participates in further discussions with fund management at its quarterly meetings regarding matters<br \/>\nrelating to Fund performance and investment risks, including with respect to the various drivers of performance and Fund use of leverage and hedging. Accordingly, the Board directly and\/or in conjunction with the Investment Committee oversees the<br \/>\ninvestment performance and investment risk management of the Funds. The Investment Committee operates under a written charter adopted and approved by the Board. This Investment Committee\u2019s is composed of the Independent Board Members of the<br \/>\nFunds. Accordingly, the members of the Investment Committee are Mr.\u00a0Boateng, Chair, Mr.\u00a0Forrester, Mr.\u00a0Kenny, Ms.\u00a0Lancellotta, Ms.\u00a0Medero, Mr.\u00a0Moschner, Mr.\u00a0Nelson, Mr.\u00a0Starr, Mr.\u00a0Thornton, Mr.\u00a0Toth,<br \/>\nMs.\u00a0Wolff and Mr.\u00a0Young. The number of Investment Committee meetings of each Fund held during its last fiscal year is shown in Appendix C. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Closed-End Funds Committee. The Closed-End Funds Committee is responsible<br \/>\nfor assisting the Board in the oversight and monitoring of the Nuveen Funds that are registered as closed-end management investment companies (\u201cClosed-End<br \/>\nFunds\u201d). The Closed-End Funds Committee may review and evaluate matters related to the formation and the initial presentation to the Board of any new Closed-End<br \/>\nFund and may review and evaluate any matters relating to any existing Closed-End Fund. The Closed-End Funds Committee receives updates on the secondary closed-end fund market and evaluates the premiums and discounts of the Nuveen closed-end funds, including the Funds, at each quarterly meeting. The Closed-End Funds Committee reviews, among other things, the premium and discount trends in the broader closed-end fund market, by asset category and by closed-end fund; the historical total return performance data for the Nuveen closed-end funds, including the Funds, based on net asset value and price over various periods;<br \/>\nthe volatility trends in the market; the use of leverage by the Nuveen closed-end funds, including the Funds; the distribution data of the Nuveen <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">27 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nclosed-end funds, including the Funds, and as compared to peer averages; and a summary of common stock issuances, if any, and stock repurchases, if any,<br \/>\nduring the applicable quarter by the Nuveen closed-end funds, including the Funds. The Closed-End Funds Committee regularly engages in more in-depth discussions of premiums and discounts of the Nuveen closed-end funds. Additionally, the Closed-End Funds Committee members<br \/>\nparticipate in in-depth workshops to explore, among other things, actions to address discounts of the Nuveen closed-end funds, potential stock repurchases and available<br \/>\nleverage strategies and their use. The Closed-End Funds Committee operates under a written charter adopted and approved by the Board. The members of the Closed-End Funds<br \/>\nCommittee are Mr.\u00a0Moschner, Chair, Mr.\u00a0Kenny, Mr.\u00a0Nelson, Mr.\u00a0Thornton, Ms.\u00a0Wolff and Mr.\u00a0Young. The number of Closed-End Funds Committee meetings of each Fund held during its<br \/>\nlast fiscal year is shown in Appendix C. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Board Member Attendance. The number of regular quarterly meetings and special meetings held by the<br \/>\nBoard of each Fund during the Fund\u2019s last fiscal year is shown in Appendix\u00a0C. During the last fiscal year, each Board Member attended 75% or more of each Fund\u2019s Board meetings and the committee meetings (if a<br \/>\nmember thereof) held during the period for which such Board Member was a Board Member. The policy of the Board relating to attendance by Board Members at annual meetings of shareholders of the Funds and the number of Board Members who attended the<br \/>\nlast annual meeting of shareholders of each Fund is posted on the Funds\u2019 website at https:\/\/www.nuveen.com\/fund-governance. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Board Diversification<br \/>\nand Board Member Qualifications. In determining that a particular Board Member was qualified to serve on the Board, the Board considered each Board Member\u2019s background, skills, experience and other attributes in light of the composition of<br \/>\nthe Board with no particular factor controlling. The Board believes that Board Members need to have the ability to critically review, evaluate, question and discuss information provided to them, and to interact effectively with Fund management,<br \/>\nservice providers and counsel, in order to exercise effective business judgment in the performance of their duties, and the Board believes each Board Member satisfies this standard. An effective Board Member may achieve this ability through his or<br \/>\nher educational background; business, professional training or practice; public service or academic positions; experience from service as a board member or executive of investment funds, public companies or significant private or not-for-profit entities or other organizations; and\/or other life experiences. Accordingly, set forth below is a summary of the experiences, qualifications, attributes and<br \/>\nskills that led to the conclusion, as of the date of this document, that each Board Member should continue to serve in that capacity. References to the experiences, qualifications, attributes and skills of Board Members are pursuant to requirements<br \/>\nof the SEC, do not constitute holding out the Board or any Board Member as having any special expertise or experience and shall not impose any greater responsibility or liability on any such person or on the Board by reason thereof. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Joseph A. Boateng <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Since 2007, Mr.\u00a0Boateng has<br \/>\nserved as the Chief Investment Officer for Casey Family Programs. He was previously Director of U.S. Pension Plans for Johnson\u00a0&amp; Johnson (2002-2006) and was a member, including Chair of the Seattle City Employees\u2019 Retirement System<br \/>\nInvestment Advisory Committee (2007-2024). Mr.\u00a0Boateng is a board member of the Lumina Foundation Waterside School, and the Freedom Fund, a philanthropic organization. He is an emeritus board member of Year Up Puget Sound and a member of The<br \/>\nSeattle Foundation\u2019s Investment <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">28 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nCommittee. Mr.\u00a0Boateng previously served on the Board of Trustees for the College Retirement Equities Fund (2018-2023) and on the Management Committee for TIAA Separate Account VA-1 (2019-2023). Mr.\u00a0Boateng received a B.S. from the University of Ghana and an M.B.A. from the University of California, Los Angeles. Mr.\u00a0Boateng joined the Board in 2024. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Michael A. Forrester <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Mr.\u00a0Forrester has been a<br \/>\nTC Board Member since 2007. From 2007 to 2021, Mr.\u00a0Forrester held various positions with Copper Rock Capital Partners, LLC (\u201cCopper Rock\u201d), including Chief Executive Officer (2014-2021), Chief Operating Officer (\u201cCOO\u201d)<br \/>\n(2007-2014) and Board Member (2007-2021). Mr.\u00a0Forrester is currently a member of the Independent Directors Council Governing Council of the Investment Company Institute. He also serves as a Director of Aflac Incorporated and is on the Board of<br \/>\nTrustees of the Dexter Southfield School. Mr.\u00a0Forrester previously served on the Board of Trustees for the College Retirement Equities Fund and on the Management Committee for TIAA Separate Account VA-1<br \/>\n(2007-2023). Mr.\u00a0Forrester has a B.A. from Washington and Lee University. Mr.\u00a0Forrester joined the Board in 2024. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Thomas\u00a0J. Kenny\n<\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Mr.\u00a0Kenny served as an Advisory Director (2010-2011), Partner (2004-2010), Managing Director (1999-2004) and<br \/>\nCo-Head (2002-2010) of Goldman Sachs Asset Management\u2019s Global Cash and Fixed Income Portfolio Management team, having worked at Goldman Sachs since 1999. Mr.\u00a0Kenny is a Director and the Chair of<br \/>\nthe Finance and Investment Committee of Aflac Incorporated, Chairman of the Board of Apeel Sciences and a Director of ParentSquare. He is a Former Director and Finance Committee Chair for the Sansum Clinic; former Advisory Board Member, B\u2019Box;<br \/>\nformer Member of the University of California at Santa Barbara Arts and Lectures Advisory Council; former Investment Committee Member at Cottage Health System; and former President of the Board of Crane Country Day School. Mr.\u00a0Kenny previously<br \/>\nserved on the Board of Trustees (2011-2023) and as Chairman (2017-2023) for the College Retirement Equities Fund and on the Management Committee (2011-2023) and as Chairman (2017-2023) for TIAA Separate Account<br \/>\nVA-1. He received a B.A. from the University of California, Santa Barbara, and an M.S. from Golden Gate University. He also is a Chartered Financial Analyst. Mr.\u00a0Kenny joined the Board in 2024. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Amy B. R. Lancellotta <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">After 30 years of service,<br \/>\nMs.\u00a0Lancellotta retired at the end of 2019 from the Investment Company Institute (\u201cICI\u201d), which represents regulated investment companies on regulatory, legislative and securities industry initiatives that affect funds and their<br \/>\nshareholders. From November 2006 until her retirement, Ms.\u00a0Lancellotta served as Managing Director of ICI\u2019s Independent Directors Council (\u201cIDC\u201d), which supports fund independent directors in fulfilling their responsibilities<br \/>\nto promote and protect the interests of fund shareholders. At IDC, Ms.\u00a0Lancellotta was responsible for all ICI and IDC activities relating to the fund independent director community. In conjunction with her responsibilities,<br \/>\nMs.\u00a0Lancellotta advised and represented IDC, ICI, independent directors and the investment company industry on issues relating to fund governance and the role of fund directors. She also directed and coordinated IDC\u2019s education,<br \/>\ncommunication, governance and policy initiatives. Prior to serving as Managing Director of IDC, Ms.\u00a0Lancellotta held various other positions with ICI beginning in 1989. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">29 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nBefore joining ICI, Ms.\u00a0Lancellotta was an associate at two Washington, D.C. law firms. In addition, she served as President, from 2023 to 2025 and was a member, from 2020 to 2025, of the<br \/>\nBoard of Directors of the Jewish Coalition Against Domestic Abuse (JCADA), an organization that seeks to end power-based violence, empower survivors and ensure safe communities. Ms.\u00a0Lancellotta received a B.A. degree from Pennsylvania State<br \/>\nUniversity in 1981 and a J.D. degree from the National Law Center, George Washington University (currently known as \u201cGeorge Washington University Law School\u201d) in 1984. Ms.\u00a0Lancellotta joined the Board in 2021. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Joanne T. Medero <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Ms.\u00a0Medero has over 30 years<br \/>\nof financial services experience and, most recently, from December 2009 until her retirement in July 2020, she was a Managing Director in the Government Relations and Public Policy Group at BlackRock, Inc. (\u201cBlackRock\u201d). From July 2018<br \/>\nto July 2020, she was also Senior Advisor to BlackRock\u2019s Vice Chairman, focusing on public policy and corporate governance issues. In 1996, Ms.\u00a0Medero joined Barclays Global Investors (\u201cBGI\u201d), which merged with BlackRock in<br \/>\n2009. At BGI, she was a Managing Director and served as Global General Counsel and Corporate Secretary until 2006. Then, from 2006 to 2009, Ms.\u00a0Medero was a Managing Director and Global Head of Government Relations and Public Policy at Barclays<br \/>\nGroup (IBIM), where she provided policy guidance and directed legislative and regulatory advocacy programs for the investment banking, investment management and wealth management businesses. Before joining BGI, Ms.\u00a0Medero was a Partner at<br \/>\nOrrick, Herrington\u00a0&amp; Sutcliffe LLP from 1993 to 1995, where she specialized in derivatives and financial markets regulation issues. Additionally, she served as General Counsel of the Commodity Futures Trading Commission (the<br \/>\n\u201cCFTC\u201d) from 1989 to 1993 and, from 1986 to 1989, she was Deputy Associate Director\/Associate Director for Legal and Financial Affairs at The White House Office of Presidential Personnel. Further, from 2006 to 2010, Ms.\u00a0Medero was a<br \/>\nmember of the CFTC Global Markets Advisory Committee and she has been actively involved in financial industry associations, serving as Chair of the Steering Committee of the SIFMA (Securities Industry and Financial Markets Association) Asset<br \/>\nManagement Group (2016-2018) and Chair of the CTA (Commodity Trading Advisor), CPO (Commodity Pool Operator) and Futures Committee of the Managed Funds Association (2010-2012). Ms.\u00a0Medero also chaired the Corporations, Antitrust and Securities<br \/>\nPractice Group of The Federalist Society for Law and Public Policy (from 2010 to 2022 and 2000 to 2002). In addition, since 2019, she has been a member of the Board of Directors of the Baltic-American Freedom Foundation, which seeks to provide<br \/>\nopportunities for citizens of the Baltic states to gain education and professional development through exchanges in the United States. Ms.\u00a0Medero received a B.A. degree from St. Lawrence University in 1975 and a J.D. degree from George<br \/>\nWashington University Law School in 1978. Ms.\u00a0Medero joined the Board in 2021. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Albin F. Moschner <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Mr.\u00a0Moschner is a consultant in the wireless industry and, in July 2012, founded Northcroft Partners, LLC, a management consulting firm that provides<br \/>\noperational, management and governance solutions. Prior to founding Northcroft Partners, LLC, Mr.\u00a0Moschner held various positions at Leap Wireless International, Inc., a provider of wireless services, where he was a consultant from February<br \/>\n2011 to July 2012, Chief Operating Officer from July 2008 to February 2011, and Chief Marketing Officer from August 2004 to June 2008. Before he joined Leap <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">30 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nWireless International, Inc., Mr.\u00a0Moschner was President of the Verizon Card Services division of Verizon Communications, Inc. from 2000 to 2003, and President of One Point Services at One<br \/>\nPoint Communications from 1999 to 2000. Mr.\u00a0Moschner also served at Zenith Electronics Corporation as Director, President and Chief Executive Officer from 1995 to 1996, and as Director, President and Chief Operating Officer from 1994 to 1995.<br \/>\nMr.\u00a0Moschner was formerly Chairman (2019)\u00a0and a member of the Board of Directors (2012-2019) of USA Technologies, Inc. and, from 1996 until 2016, he was a member of the Board of Directors of Wintrust Financial Corporation. In addition, he<br \/>\nis emeritus (since 2018) of the Advisory Boards of the Kellogg School of Management (1995-2018) and the Archdiocese of Chicago Financial Council (2012-2018). Mr.\u00a0Moschner received a Bachelor of Engineering degree in Electrical Engineering from<br \/>\nThe City College of New York in 1974 and a Master of Science degree in Electrical Engineering from Syracuse University in 1979. Mr.\u00a0Moschner joined the Board in 2016. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">John K. Nelson <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Mr.\u00a0Nelson formerly served on<br \/>\nthe Board of Directors of Core12, LLC from 2008 to 2023, a private firm which develops branding, marketing, and communications strategies for clients. Mr.\u00a0Nelson has extensive experience in global banking and markets, having served in several<br \/>\nsenior executive positions with ABN AMRO Holdings N.V. and its affiliated entities and predecessors, including LaSalle Bank Corporation from 1996 to 2008, ultimately serving as Chief Executive Officer of ABN AMRO N.V. North America. During his<br \/>\ntenure at the bank, he also served as Global Head of its Financial Markets Division, which encompassed the bank\u2019s Currency, Commodity, Fixed Income, Emerging Markets, and Derivatives businesses. He was a member of the Foreign Exchange<br \/>\nCommittee of the Federal Reserve Bank of the United States and during his tenure with ABN AMRO served as the bank\u2019s representative on various committees of The Bank of Canada, European Central Bank, and The Bank of England. Mr.\u00a0Nelson<br \/>\npreviously served as a senior, external advisor to the financial services practice of Deloitte Consulting LLP (2012-2014). At Fordham University, he served as a director of The President\u2019s Council (2010-2019) and previously served as a<br \/>\ndirector of The Curran Center for Catholic American Studies (2009-2018). He served as a trustee and Chairman of The Board of Trustees of Marian University (2011-2013). Mr.\u00a0Nelson is a graduate of Fordham University, holding a BA in Economics<br \/>\nand an MBA in Finance. Mr.\u00a0Nelson joined the Board in 2013. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:11pt\">Loren M. Starr <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Mr.\u00a0Starr was Vice Chair, Senior Managing Director from 2020 to 2021, and Chief Financial Officer, Senior Managing Director from 2005 to 2020, for Invesco<br \/>\nLtd. Mr.\u00a0Starr is also a Director and Chair of the Board for AMG. He is former Chair and member of the Board of Directors, Georgia Leadership Institute for School Improvement (GLISI); former Chair and member of the Board of Trustees, Georgia<br \/>\nCouncil on Economic Education (GCEE). Mr.\u00a0Starr previously served on the Board of Trustees for the College Retirement Equities Fund and on the Management Committee for TIAA Separate Account VA-1<br \/>\n(2022-2023). Mr.\u00a0Starr received a B.A. and a B.S. from Columbia College, an M.B.A. from Columbia Business School, and an M.S. from Carnegie Mellon University. Mr.\u00a0Starr joined the Board in 2024. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">31 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Matthew Thornton III <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Mr.\u00a0Thornton has over 40 years of broad leadership and operating experience from his career with FedEx Corporation (\u201cFedEx\u201d), which, through its<br \/>\nportfolio of companies, provides transportation, e-commerce and business services. In November 2019, Mr.\u00a0Thornton retired as Executive Vice President and Chief Operating Officer of FedEx Freight<br \/>\nCorporation (FedEx Freight), a subsidiary of FedEx, where, from May 2018 until his retirement, he had been responsible for day-to-day operations, strategic guidance,<br \/>\nmodernization of freight operations and delivering innovative customer solutions. From September 2006 to May 2018, Mr.\u00a0Thornton served as Senior Vice President, U.S. Operations at Federal Express Corporation (FedEx Express), a subsidiary of<br \/>\nFedEx. Prior to September 2006, Mr.\u00a0Thornton held a range of positions of increasing responsibility with FedEx, including various management positions. In addition, Mr.\u00a0Thornton currently (since 2014) serves on the Board of Directors of<br \/>\nThe Sherwin-Williams Company, where he is a member of the Audit Committee and the Nominating and Corporate Governance Committee, and the Board of Directors of Crown Castle International (since 2020), where he is a member of the Strategy Committee<br \/>\nand the Compensation Committee. Mr.\u00a0Thornton is a member (since 2014) of the Executive Leadership Council (ELC), the nation\u2019s premier organization of global black senior executives. He is also a member of the National Association of<br \/>\nCorporate Directors (NACD). Mr.\u00a0Thornton has been recognized by Black Enterprise on its 2017 list of the Most Powerful Executives in Corporate America and by Ebony on its 2016 Power 100 list of the world\u2019s most influential and inspiring<br \/>\nAfrican Americans. Mr.\u00a0Thornton received a B.B.A. degree from the University of Memphis in 1980 and an M.B.A. from the University of Tennessee in 2001. Mr.\u00a0Thornton joined the Board in 2020. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:11pt\">Terence J. Toth <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Mr.\u00a0Toth was a Co-Founding Partner of Promus Capital (2008-2017). From 2012 to 2021, he was a Director of Quality Control Corporation, from 2008 to 2013, he was a Director of Legal\u00a0&amp; General Investment Management America,<br \/>\nInc. From 2004 to 2007, he was Chief Executive Officer and President of Northern Trust Global Investments, and Executive Vice President of Quantitative Management\u00a0&amp; Securities Lending from 2000 to 2004. He also formerly served on the Board<br \/>\nof the Northern Trust Mutual Funds. He joined Northern Trust in 1994 after serving as Managing Director and Head of Global Securities Lending at Bankers Trust (1986 to 1994) and Head of Government Trading and Cash Collateral Investment at Northern<br \/>\nTrust from 1982 to 1986. He formerly served as Chair of the Board of the Kehrein Center for the Arts (2021-2024) and is on the Board of Catalyst Schools of Chicago since 2008. He is on the Mather Foundation Board since 2012 and was Chair of its<br \/>\nInvestment Committee from 2017 to 2022 and previously served as a Director of LogicMark LLC (2012-2016) and of Fulcrum IT Service LLC (2010-2019). Mr.\u00a0Toth graduated with a Bachelor of Science degree from the University of Illinois, and<br \/>\nreceived his MBA from New York University. In 2005, he graduated from the CEO Perspectives Program at Northwestern University. Mr.\u00a0Toth joined the Board in 2008. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:11pt\">Margaret L. Wolff <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Ms.\u00a0Wolff retired from<br \/>\nSkadden, Arps, Slate, Meagher\u00a0&amp; Flom LLP in 2014 after more than 30 years of providing client service in the Mergers\u00a0&amp; Acquisitions Group. During her legal career, Ms.\u00a0Wolff devoted significant time to advising boards and<br \/>\nsenior management on U.S. and <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">32 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\ninternational corporate, securities, regulatory and strategic matters, including governance, shareholder, fiduciary, operational and management issues. Ms.\u00a0Wolff has been a trustee of New<br \/>\nYork-Presbyterian Hospital since 2005 and, since 2004, she has served as a trustee of The John A. Hartford Foundation (a philanthropy dedicated to improving the care of older adults) where she formerly served as Chair from 2015 to 2022. From 2013 to<br \/>\n2017, she was a board member of Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company (each of which is a part of Travelers Canada, the Canadian operation of The Travelers Companies, Inc.). From 2005 to 2015, she<br \/>\nwas a trustee of Mt. Holyoke College and served as Vice Chair of the Board from 2011 to 2015. Ms.\u00a0Wolff received her Bachelor of Arts from Mt. Holyoke College and her Juris Doctor from Case Western Reserve University School of Law.<br \/>\nMs.\u00a0Wolff joined the Board in 2016. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:11pt\">Robert L. Young <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Mr.\u00a0Young, the Nuveen Funds\u2019 Independent Chair has more than 30 years of experience in the investment management industry. From 1997 to 2017, he held<br \/>\nvarious positions with J.P. Morgan Investment Management Inc. (\u201cJ.P. Morgan Investment\u201d) and its affiliates (collectively, \u201cJ.P. Morgan\u201d). Most recently, he served as Chief Operating Officer and Director of J.P. Morgan<br \/>\nInvestment (from 2010 to 2016) and as President and Principal Executive Officer of the J.P. Morgan Funds (from 2013 to 2016). As Chief Operating Officer of J.P. Morgan Investment, Mr.\u00a0Young led service, administration and business platform<br \/>\nsupport activities for J.P. Morgan\u2019s domestic retail mutual fund and institutional commingled and separate account businesses, and co-led these activities for J.P. Morgan\u2019s global retail and<br \/>\ninstitutional investment management businesses. As President of the J.P. Morgan Funds, Mr.\u00a0Young interacted with various service providers to these funds, facilitated the relationship between such funds and their boards, and was directly<br \/>\ninvolved in establishing board agendas, addressing regulatory matters, and establishing policies and procedures. Before joining J.P. Morgan, Mr.\u00a0Young, a former Certified Public Accountant (CPA), was a Senior Manager (Audit) with<br \/>\nDeloitte\u00a0&amp; Touche LLP (formerly, Touche Ross LLP), where he was employed from 1985 to 1996. During his tenure there, he actively participated in creating, and ultimately led, the firm\u2019s midwestern mutual fund practice. Mr.\u00a0Young<br \/>\nholds a Bachelor of Business Administration degree in Accounting from the University of Dayton and, from 2008 to 2011, he served on the Investment Committee of its Board of Trustees. Mr.\u00a0Young joined the Board in 2017. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Board Member Terms. For each Fund, shareholders will be asked to elect Board Members as each Board Member\u2019s term expires, and with respect to Board<br \/>\nMembers elected by holders of Common Shares, such Board Members shall be elected for a term expiring at the time of the third succeeding annual meeting of shareholders subsequent to their election or thereafter, in each case when their respective<br \/>\nsuccessors are duly elected and qualified. These provisions could delay for up to two years the replacement of a majority of the Board. Board Members elected by the holders of Preferred Shares voting separately serve for a term expiring at the next<br \/>\nsucceeding annual meeting of shareholders subsequent to their election or thereafter when their respective successors are duly elected and qualified. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">33 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">The Officers <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The following table sets forth information with respect to each officer of the Funds. Officers receive no compensation from the Funds. The officers are elected by<br \/>\nthe Board on an annual basis to serve until successors are elected and qualified. <\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name, Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held<br \/>with Fund<br \/>\n\u00a0<br \/>\nTerm of<br \/>Office and<br \/>Length of<br \/>Time<br \/>Served(1)<br \/>\n\u00a0<br \/>\nPrincipal Occupation(s)<br \/>During Past 5 Years(2)<\/p>\n<p>David\u00a0J. Lamb <br \/>333 West Wacker Drive <br \/>Chicago, IL 60606 <br \/>1963<br \/>\n\u00a0<br \/>\nChief Administrative Officer (Principal Executive Officer)<br \/>\n\u00a0<br \/>\nTerm: Indefinite Length of Service: Since 2015<br \/>\n\u00a0<br \/>\nSenior Managing Director of Nuveen Fund Advisors, LLC, Nuveen Securities, LLC and Nuveen; has previously held various positions with Nuveen.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Brett E. Black<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1972<\/p>\n<p>\u00a0<br \/>\nVice President and Chief Compliance Officer<br \/>\n\u00a0<br \/>\nTerm: Indefinite <br \/>Length of Service: Since 2022<br \/>\n\u00a0<br \/>\nManaging Director, Chief Compliance Officer of Nuveen; formerly, Vice President (2014-2022), Chief Compliance Officer and Anti- Money Laundering Compliance Officer (2017-2022) of BMO Funds, Inc.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Mark J. Czarniecki<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">901 Marquette Avenue<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Minneapolis, MN 55402<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1979<\/p>\n<p>\u00a0<br \/>\nVice President and Assistant Secretary<br \/>\n\u00a0<br \/>\nTerm: Indefinite Length of Service: Since 2013<br \/>\n\u00a0<br \/>\nManaging Director and Assistant Secretary of Nuveen Securities, LLC and Nuveen Fund Advisors, LLC; Managing Director and Associate General Counsel of Nuveen; Managing Director Assistant Secretary and Associate General Counsel of<br \/>\nNuveen Asset Management, LLC; has previously held various positions with Nuveen; Managing Director, Associate General Counsel and Assistant Secretary of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC; Managing Director, Assistant<br \/>\nGeneral Counsel and Assistant Secretary, Brooklyn Artificial Intelligence Inc. and Brooklyn Investment Group, LLC.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">34 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name, Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held<br \/>with Fund<br \/>\n\u00a0<br \/>\nTerm of<br \/>Office and<br \/>Length of<br \/>Time<br \/>Served(1)<br \/>\n\u00a0<br \/>\nPrincipal Occupation(s)<br \/>During Past 5 Years(2)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Marc Cardella<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">8500 Andrew Carnegie Blvd<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Charlotte, NC 28262<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1984<\/p>\n<p>\u00a0<br \/>\nVice President and Controller (Principal Financial Officer)<br \/>\n\u00a0<br \/>\nTerm: Indefinite Length of Service: Since 2024<br \/>\n\u00a0<br \/>\nSenior Managing Director, Head of Public Investment Finance of Nuveen; Senior Managing Director of Nuveen Fund Advisors, LLC, Nuveen Asset Management, LLC, Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC, Managing<br \/>\nDirector of Teachers Insurance and Annuity Association of America and TIAA SMA Strategies LLC; Principal Financial Officer, Principal Accounting Officer and Treasurer of TIAA Separate Account VA-1 and the<br \/>\nCollege Retirement Equities Fund; Senior Managing Director, Brooklyn Artificial Intelligence, Inc. and Brooklyn Investment Group, LLC.<\/p>\n<p>Joseph T. Castro <br \/>333 West Wacker Drive <br \/>Chicago, IL 60606 <br \/>1964<br \/>\n\u00a0<br \/>\nVice President<br \/>\n\u00a0<br \/>\nTerm: Indefinite Length of Service: Since 2025<br \/>\n\u00a0<br \/>\nExecutive Vice President, Chief Risk and Compliance Officer, formerly, Senior Managing Director and Head of Compliance, Nuveen; Executive Vice President and Chief Risk and Compliance Officer, formerly, Senior Managing Director,<br \/>\nNuveen Securities, LLC and Nuveen, LLC; formerly, Senior Managing Director, Nuveen Fund Advisors, LLC.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Jeremy D. Franklin<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">8500 Andrew Carnegie Blvd.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Charlotte, NC 28262<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1983<\/p>\n<p>\u00a0<br \/>\nVice President and Assistant Secretary<br \/>\n\u00a0<br \/>\nTerm: Indefinite Length of Service: Since 2024<br \/>\n\u00a0<br \/>\nManaging Director and Assistant Secretary, Nuveen Fund Advisors, LLC; Managing Director, Associate General Counsel and Assistant Secretary, Nuveen Asset Management, LLC, Teachers Advisors, LLC and TIAA-CREF Investment Management,<br \/>\nLLC; Vice President and Associate General Counsel, Teachers Insurance and Annuity Association of America; Vice President and Assistant Secretary, TIAA-CREF Funds and TIAA-CREF Life Funds; Vice President, Associate General Counsel, and Assistant<br \/>\nSecretary, TIAA Separate Account VA-1 and College Retirement Equities Fund; has previously held various positions with TIAA.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">35 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name, Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held<br \/>with Fund<br \/>\n\u00a0<br \/>\nTerm of<br \/>Office and<br \/>Length of<br \/>Time<br \/>Served(1)<br \/>\n\u00a0<br \/>\nPrincipal Occupation(s)<br \/>During Past 5 Years(2)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Diana R. Gonzalez<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">8500 Andrew Carnegie Blvd.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Charlotte, NC 28262<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1978<\/p>\n<p>\u00a0<br \/>\nVice President and Assistant Secretary<br \/>\n\u00a0<br \/>\nTerm: Indefinite Length of Service: Since 2017<br \/>\n\u00a0<br \/>\nVice President and Assistant Secretary of Nuveen Fund Advisors, LLC; Vice President,Associate General Counsel and Assistant Secretary of Nuveen Asset Management, LLC,Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC;<br \/>\nVice President and Associate General Counsel of Nuveen.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Nathaniel T. Jones<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1979<\/p>\n<p>\u00a0<br \/>\nVice President and Treasurer<br \/>\n\u00a0<br \/>\nTerm: Indefinite Length of Service: Since 2016<br \/>\n\u00a0<br \/>\nSenior Managing Director, Head of Public Product of Nuveen; President, formerly, Senior Managing Director of Nuveen Fund Advisors, LLC; has previously held various positions with Nuveen, Chartered Financial Analyst.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Brian H. Lawrence<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">8500 Andrew Carnegie Blvd.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Charlotte, NC 28262<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1982<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Vice President<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">and Assistant<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">Secretary<\/p>\n<p>\u00a0<br \/>\nTerm: Indefinite Length of Service: Since 2023<br \/>\n\u00a0<br \/>\nVice President and Associate General Counsel of Nuveen; Vice President, Associate General Counsel and Assistant Secretary of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC; formerly Corporate Counsel of Franklin<br \/>\nTempleton (2018-2022).<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Tina M. Lazar<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1961<\/p>\n<p>\u00a0<br \/>\nVice President<br \/>\n\u00a0<br \/>\nTerm: Indefinite Length of Service: Since 2002<br \/>\n\u00a0<br \/>\nManaging Director of Nuveen Securities, LLC<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Brian J. Lockhart<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1974<\/p>\n<p>\u00a0<br \/>\nVice President<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Term: Indefinite<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">Length of Service: Since 2019<\/p>\n<p>\u00a0<br \/>\nSenior Managing Director and Head of Investment Oversight of Nuveen; Senior Managing Director of Nuveen Fund Advisors, LLC; has previously held various positions with Nuveen; Chartered Financial Analyst and Certified Financial Risk<br \/>\nManager.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">36 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name, Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held<br \/>with Fund<br \/>\n\u00a0<br \/>\nTerm of<br \/>Office and<br \/>Length of<br \/>Time<br \/>Served(1)<br \/>\n\u00a0<br \/>\nPrincipal Occupation(s)<br \/>During Past 5 Years(2)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">John M. McCann<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">8500 Andrew Carnegie Blvd.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Charlotte, NC 28262<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1975<\/p>\n<p>\u00a0<br \/>\nVice President and Assistant Secretary<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Term: Indefinite<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">Length of Service: Since 2022<\/p>\n<p>\u00a0<br \/>\nSenior Managing Director, Division General Counsel of Nuveen; Senior Managing Director, General Counsel and Secretary of Nuveen Fund Advisors, LLC; Senior Managing Director, Associate General Counsel and Assistant Secretary of<br \/>\nNuveen Asset Management, LLC, Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC; Managing Director and Assistant Secretary of TIAA SMA Strategies LLC; Managing Director, Associate General Counsel and Assistant Secretary of College<br \/>\nRetirement Equities Fund, TIAA Separate Account VA-1, TIAA-CREF Funds, TIAA-CREF Life Funds, Teachers Insurance and Annuity Association of America, and Nuveen Alternative Advisors LLC Senior Managing Director,<br \/>\nAssociate General Counsel and Assistant Secretary (since 2025), Brooklyn Artificial Intelligence, Inc. and Brooklyn Investment Group, LLC and Nuveen Alternative Advisors LLC; has previously held various positions with<br \/>\nNuveen\/TIA.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">37 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name, Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held<br \/>with Fund<br \/>\n\u00a0<br \/>\nTerm of<br \/>Office and<br \/>Length of<br \/>Time<br \/>Served(1)<br \/>\n\u00a0<br \/>\nPrincipal Occupation(s)<br \/>During Past 5 Years(2)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Kevin J. McCarthy<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">333 West Wacker Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Chicago, IL 60606<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1966<\/p>\n<p>\u00a0<br \/>\nVice President and Assistant Secretary<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Term: Indefinite<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">Length of Service: Since 2007<\/p>\n<p>\u00a0<br \/>\nExecutive Vice President, Secretary and General Counsel of Nuveen Investments, Inc.;Executive Vice President and Assistant Secretary of Nuveen Securities, LLC and Nuveen Fund Advisors, LLC; Executive Vice President and Secretary of<br \/>\nNuveen Asset Management, LLC, Teachers Advisors, LLC, TIAA-CREF Investment Management, LLC and Nuveen Alternative Investments, LLC; Executive Vice President, Associate General Counsel and Assistant Secretary of TIAA-CREF Funds and TIAA-CREF Life<br \/>\nFunds; has previously held various positions with Nuveen\/TIAA; Vice President and Secretary of Winslow Capital Management, LLC; Executive Vice President, Brooklyn Artificial Intelligence, Inc. and Brooklyn Investment Group, LLC; formerly, Vice<br \/>\nPresident (2007-2021) and Secretary (2016-2021) of NWQ Investment Management Company, LLC and Santa Barbara Asset Management, LLC.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">R. Tanner Page<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">333 West Wacker Drive <br \/>Chicago, IL<br \/>\n60606 <br \/>1985<\/p>\n<p>\u00a0<br \/>\nVice President and Treasurer<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Term: Indefinite<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">Length of Service: Since 2025<\/p>\n<p>\u00a0<br \/>\nManaging Director, formerly, Vice President of Nuveen; has previously held various positions with Nuveen.<\/p>\n<p>William A. Siffermann <br \/>333 West Wacker Drive <br \/>Chicago, IL 60606 <br \/>1975<br \/>\n\u00a0<br \/>\nVice President<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Term: Indefinite<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">Length of Service: Since 2017<\/p>\n<p>\u00a0<br \/>\nSenior Managing Director of Nuveen.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">38 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Name, Address<br \/>and Year of Birth<br \/>\n\u00a0<br \/>\nPosition(s)<br \/>Held<br \/>with Fund<br \/>\n\u00a0<br \/>\nTerm of<br \/>Office and<br \/>Length of<br \/>Time<br \/>Served(1)<br \/>\n\u00a0<br \/>\nPrincipal Occupation(s)<br \/>During Past 5 Years(2)<\/p>\n<p>Mark L. Winget <br \/>333 West Wacker Drive <br \/>Chicago, IL 60606 <br \/>1968<br \/>\n\u00a0<br \/>\nVice President and Secretary<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Term: Indefinite<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">Length of Service: Since 2008<\/p>\n<p>\u00a0<br \/>\nVice President and Assistant Secretary of Nuveen Securities, LLC and Nuveen Fund Advisors, LLC; Vice President, Associate General Counsel and Assistant Secretary of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC and<br \/>\nNuveen Asset Management, LLC; Vice President and Associate General Counsel of Nuveen; Vice President, Associate General Counsel and Assistant Secretary, Brooklyn Artificial Intelligence, Inc. and Brooklyn Investment Group, LLC.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Rachael Zufall<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">8500 Andrew Carnegie Blvd. Charlotte, NC 28262<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">1973<\/p>\n<p>\u00a0<br \/>\nVice President and Assistant Secretary<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Term: Indefinite<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:9pt\">Length of Service: Since 2022<\/p>\n<p>\u00a0<br \/>\nManaging Director and Assistant Secretary of Nuveen Fund Advisors, LLC; Managing Director, Associate General Counsel and Assistant Secretary of the College Retirement Equities Fund, TIAA<br \/>\nSeparate Account VA-1, TIAA-CREF Funds and TIAA-CREF Life Funds; Managing Director, Associate General Counsel and Assistant Secretary of Teacher Advisors, LLC and TIAA-CREF Investment Management, LLC; Managing<br \/>\nDirector of Nuveen, LLC and of TIAA.<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Length of Time Served indicates the year the individual became an officer of a fund in the Nuveen Fund complex.\n<\/p>\n<p>(2)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Information as of June\u00a020, 2025. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">39 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\">Audit Committee Report <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The Audit Committee of each Board is responsible for the oversight and monitoring of (1)\u00a0the accounting and reporting policies, processes and practices, and<br \/>\nthe audit of the financial statements, of each Fund, (2)\u00a0the quality and integrity of each Fund\u2019s financial statements and (3)\u00a0the independent registered public accounting firm\u2019s qualifications, performance and independence. In<br \/>\nits oversight capacity, the Audit Committee reviews each Fund\u2019s annual financial statements with both management and the independent registered public accounting firm and the Audit Committee meets periodically with the independent registered<br \/>\npublic accounting firm and internal auditors to consider their evaluation of each Fund\u2019s financial and internal controls. The Audit Committee also selects, retains, evaluates and may replace each Fund\u2019s independent registered public<br \/>\naccounting firm. The Audit Committee is currently composed of seven Independent Board Members and operates under a written charter adopted and approved by each Board. Each Audit Committee member meets the independence and experience requirements, as<br \/>\napplicable, of the NYSE, NASDAQ, Section\u00a010A of the 1934 Act and the rules and regulations of the SEC. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The Audit Committee, in discharging its duties,<br \/>\nhas met with and held discussions with management and each Fund\u2019s independent registered public accounting firm. The Audit Committee has also reviewed and discussed the audited financial statements with management. Management has represented<br \/>\nto the independent registered public accounting firm that each Fund\u2019s financial statements were prepared in accordance with generally accepted accounting principles. The Audit Committee has also discussed with the independent registered public<br \/>\naccounting firm the matters required to be discussed by Statement on Auditing Standards (\u201cSAS\u201d) No.\u00a0114 (The Auditor\u2019s Communication With Those Charged With Governance), which supersedes SAS No.\u00a061 (Communication with<br \/>\nAudit Committees). Each Fund\u2019s independent registered public accounting firm provided to the Audit Committee the written disclosure required by Public Company Accounting Oversight Board Rule 3526 (Communications with Audit Committees<br \/>\nConcerning Independence), and the Audit Committee discussed with representatives of the independent registered public accounting firm their firm\u2019s independence. As provided in the Audit Committee Charter, it is not the Audit Committee\u2019s<br \/>\nresponsibility to determine, and the considerations and discussions referenced above do not ensure, that each Fund\u2019s financial statements are complete and accurate and presented in accordance with generally accepted accounting principles. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Based on the Audit Committee\u2019s review and discussions with management and the independent registered public accounting firm, the representations of<br \/>\nmanagement and the report of the independent registered public accounting firm to the Audit Committee, the Audit Committee has recommended that the audited financial statements be included in each Fund\u2019s Annual Report. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The current members of the Audit Committee are: <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Joseph A. Boateng <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Amy Lancellotta <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">John K. Nelson, Chair <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Loren M. Starr <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Matthew Thornton III <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Terence J. Toth <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Margaret L. Wolff <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">40 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Audit and Related Fees. The following tables provide the aggregate fees billed during each Fund\u2019s<br \/>\nlast two fiscal years by each Fund\u2019s independent registered public accounting firm for engagements directly related to the operations and financial reporting of each Fund including those relating (i)\u00a0to each Fund for services provided to<br \/>\nthe Fund and (ii)\u00a0to the Adviser and certain entities controlling, controlled by, or under common control with the Adviser that provide ongoing services to each Fund (\u201cAdviser Entities\u201d). <\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAudit Fees(1)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAudit Related Fees(2)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTax Fees(3)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAll Other Fees(4)<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAdviser and<br \/>Adviser\u00a0Entities<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAdviser and<br \/>Adviser\u00a0Entities<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAdviser and<br \/>Adviser\u00a0Entities<br \/>\n\u00a0<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">AMT-Free Credit Income<\/p>\n<p>\u00a0\u00a0<br \/>\n$<br \/>\n34,150<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n31,383<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n6,375<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">AMT-Free Value<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,628<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">AMT-Free Quality<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n40,750<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n38,040<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9,782<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Dynamic Municipal<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n34,150<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n31,383<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n2,750<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Credit Income<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,628<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Municipal High Income<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n40,750<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n38,040<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n5,500<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Municipal Income<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n29,350<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,628<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n5,500<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Municipal Value<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,628<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York AMT-Free(5)<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,628<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York Value(5)<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n30,400<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n30,432<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York Quality Income(5)<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,628<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Quality Income<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n38,000<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n38,040<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3,625<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cAudit Fees\u201d are the aggregate fees billed for professional services for the audit of the Fund\u2019s<br \/>\nannual financial statements and services provided in connection with statutory and regulatory filings or engagements. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(2)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cAudit Related Fees\u201d are the aggregate fees billed for assurance and related services reasonably<br \/>\nrelated to the performance of the audit or review of financial statements that are not reported under \u201cAudit Fees.\u201d These fees include offerings related to the Fund\u2019s common shares and leverage. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(3)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cTax Fees\u201d are the aggregate fees billed for professional services for tax advice, tax compliance, and<br \/>\ntax planning. These fees include: all global withholding tax services; excise and state tax reviews; capital gain, tax equalization and taxable basis calculation performed by the principal accountant. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(4)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cAll Other Fees\u201d are the aggregate fees billed for products and services other than \u201cAudit<br \/>\nFees,\u201d \u201cAudit-Related Fees\u201d and \u201cTax Fees.\u201d These fees represent all \u201cAgreed-Upon Procedures\u201d engagements pertaining to the Fund\u2019s use of leverage. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(5)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Information provided for fiscal year ended February\u00a029, 2024. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">41 <\/p>\n<p>\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAudit Fees(1)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAudit Related Fees(2)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTax Fees(3)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAll Other Fees(4)<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAdviser and<br \/>Adviser\u00a0Entities<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAdviser and<br \/>Adviser\u00a0Entities<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAdviser and<br \/>Adviser\u00a0Entities<br \/>\n\u00a0<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2026<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2026<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2026<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2026<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2026<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2026<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal<br \/>Year<br \/>Ended<br \/>2025<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Select Maturities<\/p>\n<p>\u00a0\u00a0<br \/>\n$<br \/>\n31,350<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n31,607<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Select Tax-Free<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n31,818<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9,500<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Taxable Income<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n26,818<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cAudit Fees\u201d are the aggregate fees billed for professional services for the audit of the Fund\u2019s<br \/>\nannual financial statements and services provided in connection with statutory and regulatory filings or engagements. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(2)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cAudit Related Fees\u201d are the aggregate fees billed for assurance and related services reasonably<br \/>\nrelated to the performance of the audit or review of financial statements that are not reported under \u201cAudit Fees.\u201d These fees include offerings related to the Fund\u2019s common shares and leverage. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(3)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cTax Fees\u201d are the aggregate fees billed for professional services for tax advice, tax compliance, and<br \/>\ntax planning. These fees include: all global withholding tax services; excise and state tax reviews; capital gain, tax equalization and taxable basis calculation performed by the principal accountant. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(4)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cAll Other Fees\u201d are the aggregate fees billed for products and services other than \u201cAudit<br \/>\nFees,\u201d \u201cAudit-Related Fees\u201d and \u201cTax Fees.\u201d These fees represent all \u201cAgreed-Upon Procedures\u201d engagements pertaining to the Fund\u2019s use of leverage. <\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\nAudit Fees(1)<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nAudit Related Fees(2)<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nTax Fees(3)<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nAll Other Fees(4)<br \/>\n\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nAdviser and<br \/>Adviser\u00a0Entities<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nAdviser and<br \/>Adviser Entities<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nFund<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nAdviser and<br \/>Adviser Entities<br \/>\n\u00a0<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\nFiscal\u00a0Period\u00a0Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nFiscal\u00a0Period\u00a0Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nFiscal\u00a0Period\u00a0Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nFiscal\u00a0Period\u00a0Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nFiscal\u00a0Period\u00a0Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nFiscal\u00a0Period\u00a0Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nFiscal\u00a0Period\u00a0Ended<br \/>2024<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York AMT-Free(5)<\/p>\n<p>\u00a0<br \/>\n$<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York Value(5)<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n30,400<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n30,400<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York Quality Income(5)<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n26,600<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cAudit Fees\u201d are the aggregate fees billed for professional services for the audit of the Fund\u2019s<br \/>\nannual financial statements and services provided in connection with statutory and regulatory filings or engagements. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(2)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cAudit Related Fees\u201d are the aggregate fees billed for assurance and related services reasonably<br \/>\nrelated to the performance of the audit or review of financial statements that are not reported under \u201cAudit Fees.\u201d These fees include offerings related to the Fund\u2019s common shares and leverage. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(3)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cTax Fees\u201d are the aggregate fees billed for professional services for tax advice, tax compliance, and<br \/>\ntax planning. These fees include: all global withholding tax services; excise and state tax reviews; capital gain, tax equalization and taxable basis calculation performed by the principal accountant. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(4)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">\u201cAll Other Fees\u201d are the aggregate fees billed for products and services other than \u201cAudit<br \/>\nFees,\u201d \u201cAudit-Related Fees\u201d and \u201cTax Fees.\u201d These fees represent all \u201cAgreed-Upon Procedures\u201d engagements pertaining to the Fund\u2019s use of leverage <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(5)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Effective March\u00a01, 2024, the Board approved a change of New York<br \/>\nAMT-Free, New York Value and New York Quality Income\u2019s fiscal year end from February 28\/29 to August 31. Information is provided for the \u201cstub\u201d period from March\u00a01, 2024 through each<br \/>\nFunds new fiscal year end of August\u00a031, 2024. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">42 <\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal\u00a0Non-Audit\u00a0Fees<br \/>Billed to Fund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal\u00a0Non-Audit Fees<br \/>Billed to Adviser and<br \/>Adviser Entities<br \/>(Engagements<br \/>\nRelated<br \/>Directly\u00a0to\u00a0the\u00a0Operations<br \/>and\u00a0Financial\u00a0Reporting<br \/>of Fund)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal Non-Audit<br \/>Fees Billed to Adviser<br \/>and<br \/>Adviser Entities (All<br \/>Other<br \/>\nEngagements)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal<br \/>\n\u00a0<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2025<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">AMT-Free Credit Income<\/p>\n<p>\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n11,376,794<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n11,376,794<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">AMT-Free Value<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">AMT-Free Quality<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Dynamic Municipal<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Credit Income<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Municipal High Income<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Municipal Income<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Municipal Value<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York AMT-Free (1)<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,084,014<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,084,014<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York Value (1)<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,084,014<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,084,014<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York Quality Income(1)<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,084,014<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,084,014<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Quality Income<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,376,794<br \/>\n\u00a0<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Information provided for fiscal year ended February\u00a029, 2024. <\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal\u00a0Non-Audit\u00a0Fees<br \/>Billed to Fund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal Non-Audit Fees<br \/>Billed to Adviser and<br \/>Adviser Entities<br \/>(Engagements<br \/>\nRelated<br \/>Directly\u00a0to\u00a0the\u00a0Operations<br \/>and Financial Reporting<br \/>of Fund)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal Non-Audit Fees<br \/>Billed to Adviser and<br \/>Adviser<br \/>\nEntities<br \/>(All\u00a0Other\u00a0Engagements)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal<br \/>\n\u00a0<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2026<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2026<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2026<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2025<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Year<br \/>Ended 2026<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Select Maturities<\/p>\n<p>\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n11,629,068<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n11,629,068<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Select Tax-Free<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,629,068<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n11,629,068<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">Taxable Income<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n11,629,068<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n11,629,068<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">43 <\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal\u00a0Non-Audit\u00a0Fees<br \/>Billed to Fund<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal Non-Audit Fees<br \/>Billed to Adviser and<br \/>Adviser<br \/>\nEntities<br \/>(Engagements\u00a0Related<br \/>Directly\u00a0to\u00a0the\u00a0Operations<br \/>and\u00a0Financial\u00a0Reporting<br \/>of Fund)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal\u00a0Non-Audit\u00a0Fees<br \/>Billed\u00a0to\u00a0Adviser\u00a0and<br \/>Adviser<br \/>\nEntities<br \/>(All\u00a0Other\u00a0Engagements)<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nTotal<br \/>\n\u00a0<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFiscal\u00a0Period\u00a0Ended<br \/>2024<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:7pt\" align=\"center\">Fiscal Period Ended<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:7pt\" align=\"center\">2024<\/p>\n<p>\u00a0<br \/>\n\u00a0\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:7pt\" align=\"center\">Fiscal Period Ended<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:7pt\" align=\"center\">2024<\/p>\n<p>\u00a0<br \/>\n\u00a0\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:7pt\" align=\"center\">Fiscal\u00a0Period\u00a0Ended<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:7pt\" align=\"center\">2024<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York AMT-Free(1)<\/p>\n<p>\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n$<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York Value(1)<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7.5pt\">New York Quality Income(1)<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Effective March\u00a01, 2024, the Board approved a change of New York<br \/>\nAMT-Free, New York Value and New York Quality Income\u2019s fiscal year end from February 28\/29 to August 31. Information is provided for the \u201cstub\u201d period from March\u00a01, 2024 through each<br \/>\nFund\u2019s new fiscal year end of August\u00a031, 2024. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">44 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Audit Committee Pre-Approval Policies and Procedures. Generally,<br \/>\nthe Audit Committee must approve (i)\u00a0all non-audit services to be performed for the Funds by the Funds\u2019 independent registered public accounting firm and (ii)\u00a0all audit and non-audit services to be performed by the Funds\u2019 independent registered public accounting firm for the Adviser Entities with respect to the operations and financial reporting of the Funds. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The Audit Committee has approved in advance all audit services and non-audit services that the independent registered<br \/>\npublic accounting firm provided to each Fund and to the Adviser and Adviser Entities (with respect to the operations and financial reporting of each Fund) except for those non-audit services that were subject<br \/>\nto the pre-approval exception under Rule 2-01 of Regulation S-X (the \u201cpre-approval<br \/>\nexception\u201d). The pre-approval exception for services provided directly to each Fund waives the pre-approval requirement for services other than audit, review or<br \/>\nattest services if: (i)\u00a0the aggregate amount of all such services provided constitutes no more than 5% of the total amount of revenues paid by a Fund during the fiscal year in which the services are provided; (ii)\u00a0a Fund did not recognize<br \/>\nthe services as non-audit services at the time of the engagement; and (iii)\u00a0the services are promptly brought to the Audit Committee\u2019s attention, and the Audit Committee (or its delegate) approves<br \/>\nthe services before the audit is completed. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:11pt\">Additional Information <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Appointment of the Independent Registered Public Accounting Firm <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">PricewaterhouseCoopers LLP (\u201cPwC\u201d) has served as independent registered public accounting firm for each Fund for its fiscal year ended in 2025 and for<br \/>\neach of Select Maturities, Select Tax-Free and Taxable Income, for its fiscal year ended in 2026. KPMG LLP (\u201cKPMG\u201d) served as independent registered public accounting firm for each of AMT-Free Credit Income, AMT-Free Value, AMT-Free Quality, Dynamic Municipal, Credit Income, Municipal High Income, Municipal Income,<br \/>\nMunicipal Value, New York AMT-Free, New York Value, New York Quality Income and Quality Income for the fiscal year ended in 2024. The Board of each Fund has appointed PwC as independent registered public<br \/>\naccounting firm to audit the books and records of the Fund for its current fiscal year. A representative of PwC will be present at the Annual Meetings to make a statement, if such representative so desires, and to respond to shareholders\u2019<br \/>\nquestions. PwC has informed each Fund that it has no direct or indirect material financial interest in the Funds, Nuveen, the Adviser or any other investment company sponsored by Nuveen. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Changes in Independent Registered Public Accounting Firm <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">(a) Previous independent registered public accounting firm: On October\u00a024, 2024, the Board of each of<br \/>\nAMT-Free Credit Income, AMT-Free Value, AMT-Free Quality, Dynamic Municipal, Credit Income, Municipal High Income, Municipal<br \/>\nIncome, Municipal Value, New York AMT-Free, New York Value, New York Quality Income and Quality Income, upon recommendation from the Audit Committee of each Fund, notified KPMG that it would be dismissed as<br \/>\nthe independent registered public accounting firm for each of the Funds. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">KPMG\u2019s audit reports on New York AMT Free\u2019s, New York Quality<br \/>\nIncome\u2019s and New York Value\u2019s financial statements for the fiscal period ended August\u00a031, 2024 and the fiscal years ended February\u00a029, 2024, and February\u00a028, 2023; on AMT-Free Credit<br \/>\nIncome\u2019s, AMT-Free <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">45 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nValue\u2019s, AMT-Free Quality\u2019s, Credit Income\u2019s, Dynamic Municipal\u2019s, Municipal High Income\u2019s, Municipal Income\u2019s,<br \/>\nMunicipal Value\u2019s and Quality Income\u2019s financial statements for the fiscal years ended October\u00a031, 2024 and October\u00a031, 2023; and on Select Maturities\u2019, Select Tax-Free\u2019s and<br \/>\nTaxable Income\u2019s financial statements for the fiscal years ended March\u00a031, 2024 and March\u00a031, 2023 contained no adverse opinion or disclaimer of opinion nor were they qualified or modified as to uncertainty, audit scope or accounting<br \/>\nprinciples. During New York AMT Free\u2019s, New York Quality Income\u2019s and New York Value\u2019s fiscal period ended August\u00a031, 2024, fiscal years ended February\u00a029, 2024 and February\u00a028, 2023 and the subsequent interim period<br \/>\nthrough October\u00a029, 2024; during AMT-Free Credit Income\u2019s, AMT-Free Value\u2019s, AMT-Free Quality\u2019s, Credit<br \/>\nIncome\u2019s, Dynamic Municipal\u2019s, Municipal High Income\u2019s, Municipal Income\u2019s, Municipal Value\u2019s and Quality Income\u2019s fiscal years ended October\u00a031, 2024 and October\u00a031, 2023 and the subsequent interim<br \/>\nperiod through December\u00a026, 2024; and during Select Maturities\u2019, Select Tax-Free\u2019s and Taxable Income\u2019s fiscal years ended March\u00a031, 2024 and March\u00a031, 2023 and the subsequent<br \/>\ninterim period through October\u00a024, 2024, there were no disagreements with KPMG on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements if not resolved to the<br \/>\nsatisfaction of KPMG would have caused them to make reference in connection with their opinion to the subject matter of the disagreement. During New York AMT Free\u2019s, New York Quality Income\u2019s and New York Value\u2019s fiscal period<br \/>\nended August\u00a031, 2024, fiscal years ended February\u00a029, 2024 and February\u00a028, 2023 and the subsequent interim period through October\u00a029, 2024; during AMT-Free Credit Income\u2019s, AMT-Free Value\u2019s, AMT-Free Quality\u2019s, Credit Income\u2019s, Dynamic Municipal\u2019s, Municipal High Income\u2019s, Municipal Income\u2019s, Municipal<br \/>\nValue\u2019s and Quality Income\u2019s fiscal years ended October\u00a031, 2024 and October\u00a031, 2023 and the subsequent interim period through December\u00a026, 2024; and during Select Maturities\u2019, Select<br \/>\nTax-Free\u2019s and Taxable Income\u2019s fiscal years ended March\u00a031, 2024 and March\u00a031, 2023 and the subsequent interim period through October\u00a024, 2024, there were no reportable events (as<br \/>\ndefined in Regulation S-K Item 304(a)(1)(v)). <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Each Fund provided KPMG with a copy of the foregoing disclosures and<br \/>\nrequested that KPMG furnish the foregoing Funds with a letter addressed to the U.S. Securities and Exchange Commission stating whether KPMG agrees with the above statements. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">(b) New independent registered public accounting firm: On October\u00a024, 2024, the Board of each of each Fund, upon recommendation from the Audit<br \/>\nCommittee, appointed PwC as the new independent registered public accounting firm for the Funds. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">During New York AMT Free\u2019s, New York Quality<br \/>\nIncome\u2019s and New York Value\u2019s fiscal period ended August\u00a031, 2024, fiscal years ended February\u00a029, 2024 and February\u00a028, 2023 and the subsequent interim period through October\u00a029, 2024;<br \/>\nAMT-Free Credit Income\u2019s, AMT-Free Value\u2019s, AMT-Free Quality\u2019s, Credit Income\u2019s, Dynamic<br \/>\nMunicipal\u2019s, Municipal High Income\u2019s, Municipal Income\u2019s, Municipal Value\u2019s and Quality Income\u2019s fiscal years ended October\u00a031, 2024 and October\u00a031, 2023 and the subsequent interim period through<br \/>\nDecember\u00a026, 2024; and during Select Maturities\u2019, Select Tax-Free\u2019s and Taxable Income\u2019s fiscal years ended March\u00a031, 2024 and March\u00a031, 2023 and the subsequent interim period<br \/>\nthrough October\u00a024, 2024, none of the foregoing Funds has consulted with PwC regarding any of the matters described in Regulation\u00a0S-K Item\u00a0304 (\u201cS-K<br \/>\n304\u201d), S-K 304(a)(2)(i) or S-K 304(a)(2)(ii) disclosure. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">46 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">Delinquent Section\u00a016(a) Reports <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Section\u00a030(h) of the 1940 Act and Section\u00a016(a) of the 1934 Act require Board Members and officers, the Adviser, affiliated persons of the Adviser and<br \/>\npersons who own more than 10% of a registered class of a Fund\u2019s equity securities to file forms reporting their affiliation with that Fund and reports of ownership and changes in ownership of that Fund\u2019s shares with the SEC and the NYSE.<br \/>\nThese persons and entities are required by SEC regulation to furnish the Funds with copies of all Section\u00a016(a) forms they file. Based on a review of these forms furnished to each Fund, each Fund believes that its Board Members and officers,<br \/>\nthe Adviser and affiliated persons of the Adviser have complied with all applicable Section\u00a016(a) filing requirements during its last fiscal year, and complied with all applicable Section\u00a016(a) filing requirements in the previous fiscal<br \/>\nyear, except as follows: Joseph T. Castro filed late Form 3 filings with respect to Select Maturities, Select Tax-Free and Taxable Income and R. Tanner Page filed late Form 3 filings with respect to AMT-Free Credit Income, AMT-Free Value, AMT-Free Quality, Dynamic Municipal, Credit Income, Municipal High Income, Municipal Income,<br \/>\nMunicipal Value, Quality Income, Select Maturities, Select Tax-Free and Taxable Income. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Principal Shareholders\n<\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">As of June\u00a022, 2026, no shareholder beneficially owned more than 5% of any class of shares of any Fund, except as provided in Appendix B.\n<\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Information About the Adviser <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The Adviser, located at 333<br \/>\nWest Wacker Drive, Chicago, Illinois 60606, serves as investment adviser and manager for each Fund. The Adviser is an indirect subsidiary of Nuveen, the investment management arm of TIAA. TIAA is a life insurance company founded in 1918 by the<br \/>\nCarnegie Foundation for the Advancement of Teaching and is the companion organization of College Retirement Equities Fund. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Shareholder Proposals <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">To be considered for presentation at the next annual meeting of shareholders for a Fund (expected to take place in 2027), shareholder proposals submitted pursuant<br \/>\nto Rule 14a-8 under the 1934 Act must be received at the offices of that Fund, 333 West Wacker Drive, Chicago, Illinois 60606, not later than March\u00a09, 2027. A shareholder wishing to provide notice in the<br \/>\nmanner prescribed by Rule 14a-4(c)(1) under the 1934 Act of a proposal submitted outside of the process of Rule 14a-8 for the Annual Meeting must, pursuant to each<br \/>\nFund\u2019s by-laws, submit such written notice to the Fund no earlier than April\u00a08, 2027 and no later than April\u00a023, 2027 for the Massachusetts Funds and no earlier than May\u00a08, 2027 and no<br \/>\nlater than May\u00a023, 2027 for the Minnesota Funds. Timely submission of a proposal does not mean that such proposal will be included in a proxy statement. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Proposals may be presented by shareholders only if advance notice is duly submitted in accordance with applicable law and a Fund\u2019s governing documents, and<br \/>\nthe subject matter of such proposal is a matter upon which the proposing shareholder is entitled to vote. Each Fund\u2019s by-laws require shareholders submitting advance notices of proposals of business or<br \/>\nnomi-<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">47 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nnations for election as Board Members to provide the Fund with certain information and representations about the proponent shareholder and the nominees or business being proposed. No shareholder<br \/>\nproposal will be considered at any meeting of shareholders of a Fund if such proposal does not satisfy all applicable requirements set forth in the by-laws and, unless required by applicable law, no matter<br \/>\nshall be considered at or brought before any meeting of shareholders unless such matter has been deemed a proper matter for shareholder action by the chair of the meeting, the Chief Administrative Officer of the Fund or at least sixty-six and two-thirds percent (66 2\/3%) of the Fund\u2019s Board Members. A shareholder wishing to present a proposal of business or nomination is encouraged to carefully<br \/>\nreview the applicable Fund\u2019s by-laws. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Copies of the by-laws of each<br \/>\nFund are available on the EDGAR Database on the SEC\u2019s website at www.sec.gov. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Shareholder Communications <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Fund shareholders who want to communicate with the Board or any individual Board Member should write to the attention of William Siffermann, Manager of Fund Board<br \/>\nRelations, Nuveen, 333 West Wacker Drive, Chicago, Illinois 60606. The letter should indicate that you are a Fund shareholder and note the Fund or Funds that you own. If the communication is intended for a specific Board Member and so indicates, it<br \/>\nwill be sent only to that Board Member. If a communication does not indicate a specific Board Member, it will be sent to the Independent Chair and the outside counsel to the Independent Board Members for further distribution as deemed appropriate by<br \/>\nsuch persons. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Expenses of Proxy Solicitation <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The cost of<br \/>\npreparing, printing and mailing the enclosed proxy, accompanying notice and proxy statement and all other costs in connection with the solicitation of proxies will be paid by the Funds pro rata based on the number of shareholder accounts. Additional<br \/>\nsolicitation may be made by letter or telephone by officers or employees of Nuveen or the Adviser, or by dealers and their representatives. Any additional costs of solicitation will be paid by the Fund that requires additional solicitation. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Fiscal Year <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The last fiscal year end for each of New York AMT-Free, New York Value and New York Quality Income was August\u00a031, 2025. The last fiscal year end for each of AMT-Free Credit Income,<br \/>\nAMT-Free Value, AMT-Free Quality, Dynamic Municipal, Credit Income, Municipal High Income, Municipal Income, Municipal Value and Quality Income was October\u00a031,<br \/>\n2025. The last fiscal year end for each of Select Maturities, Select Tax-Free and Taxable Income was March\u00a031, 2026. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:10pt\">Shareholder Report Delivery <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Shareholder reports will be<br \/>\nfurnished to shareholders of record of each Fund following the applicable period. As permitted by regulations adopted by the SEC, share-<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">48 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nholder reports will be made available on the Funds\u2019 website (www.nuveen.com\/closed-end-funds\/), and<br \/>\nshareholders will be notified by mail each time a report is posted and provided with a website link to access the report. Shareholders may elect to receive all future reports in paper free of charge. If you own shares of a Fund through a financial<br \/>\nintermediary, such as a broker-dealer or bank, you may contact your financial intermediary to request that you continue to receive paper copies of your shareholder reports. If you invest directly with a Fund, you can inform the Fund that you wish to<br \/>\nreceive paper copies of your shareholder reports by writing to the Fund at 333 West Wacker Drive, Chicago, Illinois 60606 or by calling<br \/>\n1-800-257-8787. Your election to receive shareholder reports in paper will apply to all Nuveen Funds if you invest directly with<br \/>\nthe Fund or to all funds held in your account if you invest through your financial intermediary. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Important Notice Regarding the Availability of Proxy<br \/>\nMaterials for the Shareholder Meeting To Be Held on August\u00a013, 2026: <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Each Fund\u2019s proxy statement is available at http:\/\/www.nuveenproxy.com\/Closed-End-Fund-Proxy-Information\/. For more information, shareholders may also contact the applicable Fund at the address and phone number set<br \/>\nforth above. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Please note that only one annual report, semi-annual report or proxy statement may be delivered to two or more shareholders of a Fund who<br \/>\nshare an address, unless the Fund has received instructions to the contrary. To request a separate copy of an annual report, semi-annual report or proxy statement, or for instructions as to how to request a separate copy of such documents or as to<br \/>\nhow to request a single copy if multiple copies of such documents are received, shareholders should contact the applicable Fund at the address and phone number set forth above. We will promptly deliver a separate proxy statement to shareholders of<br \/>\nrecord upon written or oral request. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:11pt\">Additional Information About the Solicitation <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The Funds\u2019 by-laws previously included \u201ccontrol share\u201d provisions, the effectiveness of which was<br \/>\nsuspended as of February\u00a024, 2022. On February\u00a028, 2024, the Funds amended the by-laws to eliminate the control share provisions from the by-laws. <\/p>\n<p style=\"margin-top:18pt; margin-bottom:0pt; font-size:11pt\">General <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Management does not intend to present and does not<br \/>\nhave reason to believe that any other items of business will be presented at the Annual Meetings. However, if other matters are properly presented to the Annual Meetings for a vote, the proxies will be voted by the persons acting under the proxies<br \/>\nupon such matters in accordance with their judgment of the best interests of the Fund. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Under each Fund\u2019s<br \/>\nby-laws, upon at least five business days advance written notice to the Fund, a shareholder is entitled to inspect and copy, during regular business hours at the office where they are maintained, copies of<br \/>\ncertain records of the Fund, including a list of the names and addresses of all shareholders of record, in alphabetical order by class, showing the number and class of shares held by each shareholder of record, only to the extent that the written<br \/>\nnotice describes with reasonable particularity the purpose of the demand and the records the <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">49 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nshareholder desires to inspect, the demand is made in good faith and for a proper purpose, the records requested are directly connected with such purpose, and the Board Members shall not have<br \/>\ndetermined in good faith that disclosure of the records sought would adversely affect the Fund in the conduct of its business or constitute material non-public information at the time when the<br \/>\nshareholder\u2019s notice of demand to inspect and copy is received by the Fund. Shareholders interested in seeking to inspect the list of shareholders of record for their respective Fund(s) should contact (800)<br \/>\n257-8787 for additional information. To email the Fund(s), please visit www.nuveen.com\/contact-us. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">Failure of a quorum to be present at any Annual Meeting will necessitate adjournment and will subject that Fund to additional expense. Under each Fund\u2019s by-laws, the Annual Meeting, whether or not a quorum is present, may, by announcement of the person appointed to serve as chair of the meeting, be adjourned with respect to one or more or all matters to be<br \/>\nconsidered at the meeting from time to time to a designated time and place. The appointed chair may adjourn any Annual Meeting to permit further solicitation of proxies. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">IF YOU CANNOT BE PRESENT AT THE VIRTUAL MEETING, YOU ARE REQUESTED TO FILL IN, SIGN AND RETURN THE ENCLOSED PROXY PROMPTLY. NO POSTAGE IS REQUIRED IF MAILED IN<br \/>\nTHE UNITED STATES. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; margin-left:2%; text-indent:-1%; font-size:9pt\">Mark L. Winget  <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:2%; text-indent:-1%; font-size:9pt\">Vice President and Secretary  <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:2%; text-indent:-1%; font-size:9pt\">July\u00a01, 2026 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">50 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\" align=\"right\">APPENDIX A <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:11pt\">Beneficial Ownership <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The following table lists the dollar<br \/>\nrange of equity securities beneficially owned by each Board Member\/nominee in each Fund and in the Fund Complex overseen by the Board Member\/nominee as of May\u00a031, 2026. The information as to beneficial ownership is based on statements furnished<br \/>\nby each Board Member\/nominee. <\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>Board\u00a0Members\/Nominees<br \/>\n\u00a0<br \/>\nAMT-Free<br \/>Credit\u00a0Income<br \/>\n\u00a0<br \/>\nAMT-Free<br \/>Value<br \/>\n\u00a0<br \/>\nAMT-Free<br \/>Quality<br \/>\n\u00a0<br \/>\nDynamic<br \/>Municipal<br \/>\n\u00a0<br \/>\nCredit<br \/>Income<br \/>\n\u00a0<br \/>\nMunicipal<br \/>High<br \/>Income<br \/>\n\u00a0<br \/>\nMunicipal<br \/>Income<br \/>\n\u00a0<br \/>\nMunicipal<br \/>Value<br \/>\n\u00a0<br \/>\nNew York<br \/>AMT-Free<br \/>\n\u00a0<br \/>\nNew\u00a0York<br \/>Value<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:6.5pt\">Board Members\/Nominees who are not \u201cinterested persons\u201d of the<br \/>\nFunds<\/p>\n<p>Joseph A. Boateng(2)<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>Michael A. Forrester(2)<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>Thomas J. Kenny(2)<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>Amy B. R. Lancellotta<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>Joanne T. Medero<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>Albin F. Moschner<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$50,000-<br \/>$100,000<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>John K. Nelson<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>Loren M. Starr(2)<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>Matthew Thornton III<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>Terence\u00a0J. Toth<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$50,000-<br \/>$100,000<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>Margaret L. Wolff<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p>Robert L. Young<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver<br \/>$100,000<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">A-1 <\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0<br \/>\nDollar Range of Equity Securities<\/p>\n<p>Board Members\/Nominees<br \/>\n\u00a0<br \/>\nNew\u00a0York<br \/>Quality<br \/>Income<br \/>\n\u00a0<br \/>\nQuality Income<br \/>\n\u00a0<br \/>\nSelect<br \/>Maturities<br \/>\n\u00a0<br \/>\nSelect<br \/>Tax-Free<br \/>\n\u00a0<br \/>\nTaxable<br \/>Income<br \/>\n\u00a0<br \/>\nAggregate\u00a0Range\u00a0of\u00a0Equity\u00a0Securities\u00a0in\u00a0All<br \/>Registered Investment Companies<br \/>Overseen in Family of<br \/>Investment Companies(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:6.5pt\">Board Members\/Nominees who are not \u201cinterested persons\u201d of the<br \/>\nFunds<\/p>\n<p>Joseph A. Boateng<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver\u00a0$100,000<\/p>\n<p>Michael A. Forrester<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<\/p>\n<p>Thomas J. Kenny<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<\/p>\n<p>Amy B. R. Lancellotta<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<\/p>\n<p>Joanne T. Medero<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<\/p>\n<p>Albin F. Moschner<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<\/p>\n<p>John K. Nelson<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver\u00a0$100,000<\/p>\n<p>Loren M. Starr<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<\/p>\n<p>Matthew Thornton III<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<\/p>\n<p>Terence\u00a0J. Toth<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$10,000-$50,000<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<\/p>\n<p>Margaret L. Wolff<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<\/p>\n<p>Robert L. Young<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\n$0<br \/>\n\u00a0<br \/>\nOver $100,000<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">The amounts reflect the aggregate dollar range of equity securities of the number of shares beneficially owned by<br \/>\nthe Board Member\/nominee in the Funds and in all Nuveen Funds overseen by each Board Member\/nominee. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">A-2 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">The following table sets forth, for each Board Member\/nominee and for the Board Members\/nominees and officers<br \/>\nas a group, the amount of shares beneficially owned in each Fund as of May\u00a031, 2026. The information as to beneficial ownership is based on statements furnished by each Board Member\/nominee and officer. <\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>Board Members\/Nominees<br \/>\n\u00a0<br \/>\nAMT-Free<br \/>Credit\u00a0Income<br \/>\n\u00a0<br \/>\nAMT-Free<br \/>Value<br \/>\n\u00a0<br \/>\nAMT-Free<br \/>Quality<br \/>\n\u00a0<br \/>\nDynamic<br \/>Municipal<br \/>\n\u00a0<br \/>\nCredit<br \/>Income<br \/>\n\u00a0<br \/>\nMunicipal<br \/>High\u00a0Income<br \/>\n\u00a0<br \/>\nMunicipal<br \/>Income<br \/>\n\u00a0<br \/>\nMunicipal<br \/>Value<br \/>\n\u00a0<br \/>\nNew York<br \/>AMT-Free<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:6.5pt\">Board Members\/Nominees who are not \u201cinterested persons\u201d of the<br \/>\nFunds<\/p>\n<p>Joseph A. Boateng<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>Michael A. Forrester<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>Thomas J. Kenny<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>Amy B. R. Lancellotta<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>Joanne T. Medero<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>Albin F. Moschner<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n7,436<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>John K. Nelson<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>Loren M. Starr<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>Matthew Thornton III<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>Terence\u00a0J. Toth<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n6,677<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>Margaret L. Wolff<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p>Robert L. Young<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n16,131<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:6.5pt\">All Board Members\/Nominees and Officers as a<br \/>\nGroup<\/p>\n<p>\u00a0<br \/>\n5,575<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n6,408<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n35,434<br \/>\n\u00a0<br \/>\n9,450<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n0<br \/>\n\u00a0<br \/>\n1,000<\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0\u00a0<br \/>\n\u00a0\u00a0<br \/>\nFund Shares Owned By Board Members And Officers(1)<\/p>\n<p>Board Members\/Nominees<br \/>\n\u00a0\u00a0<br \/>\nNew\u00a0York<br \/>Value<br \/>\n\u00a0\u00a0<br \/>\nNew\u00a0York<br \/>Quality\u00a0Income<br \/>\n\u00a0\u00a0<br \/>\nQuality<br \/>Income<br \/>\n\u00a0\u00a0<br \/>\nSelect<br \/>Maturities<br \/>\n\u00a0\u00a0<br \/>\nSelect<br \/>Tax-Free<br \/>\n\u00a0\u00a0<br \/>\nTaxable<br \/>Income<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:6.5pt\">Board Members\/Nominees who are not \u201cinterested persons\u201d of the<br \/>\nFunds<\/p>\n<p>Joseph A. Boateng<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>Michael A. Forrester<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>Thomas J. Kenny<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>Amy B. R. Lancellotta<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>Joanne T. Medero<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>Albin F. Moschner<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>John K. Nelson<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>Loren M. Starr<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>Matthew Thornton III<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>Terence\u00a0J. Toth<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n4,131<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>Margaret L. Wolff<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p>Robert L. Young<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n32,727<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:6.5pt\">All Board Members\/Nominees and Officers as a Group<\/p>\n<p>\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n38,899<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n0<br \/>\n\u00a0\u00a0<br \/>\n615<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>(1)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">The numbers include share equivalents of certain Nuveen Funds in which the Board Member\/nominee is deemed to be<br \/>\ninvested pursuant to the Deferred Compensation Plan for Independent Board Members as more fully described in the Proxy Statement. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">A-3 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\" align=\"right\">APPENDIX B <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">List of Beneficial Owners Who Own More Than 5% of Any Class\u00a0of Shares in Any Fund <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">The following chart lists each shareholder or group of shareholders who beneficially owned more than 5% of any class of shares for each Fund as of June\u00a022,<br \/>\n2026*: <\/p>\n<p style=\"font-size:6pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Fund and Class<br \/>\n\u00a0<br \/>\nShareholder Name and Address<br \/>\n\u00a0<br \/>\nNumber\u00a0of\u00a0Shares<br \/>Owned<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nPercentage<br \/>Owned<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">AMT-Free Value \u2014 Common Shares<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">1607 Capital Partners, LLC<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">13 S. 13th Street, Suite 400<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">Richmond Virginia 23219<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,254,393<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n6.99<br \/>\n%\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Tortoise Investment Management, LLC<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">2 Westchester<br \/>\nPark Drive, Suite 215<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">White Plains, New York 10604<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n984,288<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5.0<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">Dynamic Municipal\u00a0\u2014 Common Shares<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">First Trust Portfolios L.P.(a) <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">First Trust Advisors L.P. (a)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">The Charger Corporation(a)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">120 East Liberty Drive, Suite 400<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">Wheaton, Illinois 60187<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n3,811,272<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n6.33<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">Municipal High Income\u00a0\u2014 <br \/>AMTP Shares (Series 2028)<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Bank of America Corporation(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">100 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p style=\"font-size:4pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Banc of America Preferred Funding<br \/>\nCorporation(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">214 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n870<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n100<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">Municipal High Income \u2014 <br \/>AMTP Shares (Series 2031)<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Wells Fargo\u00a0&amp; Company(c)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">420 Montgomery Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">San Francisco, California 94104<\/p>\n<p style=\"font-size:4pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Wells Fargo Municipal Capital Strategies,<br \/>\nLLC(c)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">30 Hudson Yards<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">New York, New York 10001<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,700<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n100<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">Municipal High Income \u2014 <br \/>AMTP Shares (Series 2032)<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Bank of America Corporation(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">100 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p style=\"font-size:4pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Banc of America Preferred Funding<br \/>\nCorporation(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">214 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,000<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n100<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">New York Quality Income \u2014 <br \/>AMTP Shares (Series 2028)<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Bank of America Corporation(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">100 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p style=\"font-size:4pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Banc of America Preferred Funding<br \/>\nCorporation(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">214 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,270<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n100<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">B-1 <\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<\/p>\n<p>Fund and Class<br \/>\n\u00a0<br \/>\nShareholder Name and Address<br \/>\n\u00a0<br \/>\nNumber\u00a0of\u00a0Shares<br \/>Owned<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nPercentage<br \/>Owned<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">Quality Income \u2014 AMTP Shares<br \/>(Series 2028)<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Bank of America Corporation(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">100 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p style=\"font-size:4pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Banc of America Preferred Funding<br \/>\nCorporation(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">214 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n3,370<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n100<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">Quality Income \u2014 AMTP Shares<br \/>(Series<br \/>\n2028-1)<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Bank of America Corporation(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">100 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p style=\"font-size:4pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Banc of America Preferred Funding<br \/>\nCorporation(a)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">214 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n2,085<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n100<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">Quality Income \u2014 AMTP Shares<br \/>(Series<br \/>\n2028-2)<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Bank of America Corporation(a)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">100 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p style=\"font-size:4pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Banc of America Preferred Funding<br \/>\nCorporation(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">214 North Tryon Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">Charlotte, North Carolina 28255<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,820<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n100<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">Select Maturities \u2014 Common Shares<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">1607 Capital Partners, LLC<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">13 S. 13th Street, Suite<br \/>\n400<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">Richmond Virginia 23219<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n802,436<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n6.45<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">Select Maturities \u2014 Common Shares<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Morgan Stanley(d)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">1585 Broadway<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">New York, New York 10036<\/p>\n<p style=\"font-size:4pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Morgan Stanley Smith Barney<br \/>\nLLC(d)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">1585 Broadway<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">New York, New York 10036<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n640,931<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5.1<br \/>\n%\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Tortoise Investment Management, LLC<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">2 Westchester<br \/>\nPark Drive<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Suite 215<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">White Plains, New York 10604<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n751,335<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n5.36<br \/>\n%\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8.5pt\">Taxable Income \u2014 Common Shares<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Sit Investment Associates, Inc.<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">3300 IDS Center<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">80 South Eighth Street<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">Minneapolis, Minnesota 55402<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n3,022,481<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n10.28<br \/>\n%\u00a0<\/p>\n<p>\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Morgan Stanley(d)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">1585 Broadway<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">New York, New York 10036<\/p>\n<p style=\"font-size:4pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">Morgan Stanley Smith Barney<br \/>\nLLC(d)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8.5pt\">1585 Broadway<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8.5pt\">New York, New York 10036<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n1,940,195<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\n6.6<br \/>\n%\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>*\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">The information contained in this table is based on Schedule 13D and 13G filings made on or before June 22, 2026.\n<\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(a)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation filed their Schedule 13G jointly<br \/>\nand did not differentiate holdings as between each entity. <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">B-2 <\/p>\n<p>(b)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Bank of America Corporation and Banc of America Preferred Fund Corporation filed their Schedule 13D jointly and did<br \/>\nnot differentiate holdings as between each entity. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(c)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Wells Fargo\u00a0&amp; Company filed Schedule 13G on its own behalf and on behalf of its subsidiary, Wells Fargo<br \/>\nMunicipal Capital Strategies, LLC. Aggregate beneficial ownership reported by Wells Fargo\u00a0&amp; Company is on a consolidated basis and includes any beneficial ownership separately reported by the subsidiary. <\/p>\n<p style=\"font-size:2pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>(d)<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"left\">Morgan Stanley and Morgan Stanley Smith Barney LLC filed their Schedule 13G jointly and did not differentiate<br \/>\nholdings as between each entity. <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">VRDP Shares are designed to be eligible for purchase by money market funds. As of June\u00a022, 2026,<br \/>\ninformation with respect to aggregate holdings of these VRDP Shares associated with fund complexes identified by the remarketing agents as holding greater than 5% of the outstanding VRDP Shares of a Fund, including the number of VRDP Shares<br \/>\nassociated with the fund complex and percentage of total outstanding, is as follows: AMT-Free Credit Income (Series 1): BlackRock (558 shares (31.17%)), Schwab (962 shares (53.74%)), Federated (140\u00a0shares (7.82%)), Morgan Stanley AM (100 shares<br \/>\n(5.59%)); AMT-Free Credit Income (Series 2): Schwab (249 shares (8.43%)), Federated (1,780 shares (60.26%)), Vanguard (925 shares (31.31%)); AMT-Free Credit Income (Series 4): Schwab (400\u00a0shares (22.22%)), Federated (1,400 shares (77.78%));<br \/>\nAMT-Free Credit Income (Series 5): Schwab (1,323 shares (44.77%)), Federated (356 shares (12.05%)), JP Morgan (1,276 shares (43.18%)); AMT-Free Credit Income (Series 6): Schwab (297 shares (10.36%)), JP Morgan (2,570 shares (89.64%)); AMT-Free<br \/>\nQuality (Series 1): Vanguard (2,190 shares (100.00%)); AMT-Free Quality (Series 3): Schwab (322 shares (10.19%)), Federated (441 shares (13.96%)), JP Morgan (2,087 shares (66.07%)), Vanguard (309 shares (9.78%)); AMT-Free Quality (Series 4):<br \/>\nBlackRock (852 shares (17.41%)), Schwab (710 shares (14.50%)), Federated (1,559 shares (31.85%)), Goldman Sachs AM (750 shares (15.32%)), JP Morgan (594 shares (12.13%)); AMT-Free Quality (Series 5): Schwab (250 shares (25.00%)), Federated (200<br \/>\nshares (20.00%)), JP Morgan (250 shares (25.00%)), Vanguard (300 shares (30.00%)); Credit Income (Series 1): Wells Fargo Bank NA (2,688 shares (100.00%)); Credit Income (Series 2): Banc of America (2,622 shares (100.00%)); Credit Income (Series 3):<br \/>\nSchwab (200 shares (13.70%)), Vanguard (1260 shares (86.30%)); Municipal High Income (Series 1): Wells Fargo Municipal Capital Strategies, LLC (4,504 shares (100.00%)); Municipal High Income (Series 1): Wells Fargo Municipal Capital Strategies, LLC<br \/>\n(4,504 shares (100.00%)); New York AMT-Free (Series 1): BlackRock (102 shares (9.08%)), Schwab (435 shares (38.74%)), Federated (400 shares (35.62%)), JP Morgan (186 shares (16.56%)); New York AMT-Free (Series 2): Federated (491\u00a0shares<br \/>\n(36.42%)), JP Morgan (404 shares (29.97%)), Vanguard (453 shares (33.61%)); New York AMT-Free (Series 3): Schwab (766 shares (47.37%)), JP Morgan (432 shares (26.72%)), Vanguard (419 shares (25.91%)); New York AMT-Free (Series 5): BlackRock (300<br \/>\nshares (17.14%)), Schwab (400 shares (22.86%)), JP Morgan (542 shares (30.97%)), Vanguard (508 shares (29.03%)); New York Quality Income (Series 1): JP Morgan (205 shares (23.03%)), Vanguard (685 shares (76.97%)); Quality Income (Series 1): Schwab<br \/>\n(1,573 shares (66.43%)), Federated (279 shares (11.78%)), JP Morgan (516 shares (21.79%)); Quality Income (Series 2): Schwab (956 shares (35.74%)), JP\u00a0Morgan (1,719 shares (64.26%)). <\/p>\n<p style=\"margin-top:6pt; margin-bottom:0pt; font-size:10pt\">MFP Shares are designed to be eligible for purchase by institutional investors. With confirmation of the holders of greater than 5% of any series of outstanding<br \/>\nMFP Shares of a Fund, as of June\u00a022, 2026, information with respect to aggregate holdings of MFP Shares associated with shareholders (number of MFP Shares and percentage of total outstanding) is as follows: AMT-Free Credit Income (Series A):<br \/>\nWells Fargo (674 shares (100.00%)); AMT-Free Credit Income (Series B): Alliance Bernstein (25,355 shares (12.68%)), Federated (26,140 shares (13.07%)), Invesco (16,910 shares (8.46%)), Neuberger Berman (13,170 shares (6.59%)),<br \/>\nVan-<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">B-3 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:10pt\">\nguard (110,375 shares (55.19%)); AMT-Free Credit Income (Series C): Allspring (2,500 shares (1.00%)), Federated (13,800 shares (5.52%)), Vanguard (233,700 shares (93.48%)); AMT-Free Quality<br \/>\n(Series A): Allspring (80 shares (5.93%)), Schwab (124 shares (9.19%)), JP Morgan (200 shares (14.81%)), Vanguard (946 shares (70.07%)); AMT-Free Quality (Series C): Schwab (1,588 shares (66.72%)), Federated (792 shares (33.28%)); AMT-Free Quality<br \/>\n(Series D): Alliance Bernstein (30,115 shares (9.10%)), Federated (40,455 shares (12.23%)); Invesco (22,000 shares (6.65%)), Vanguard (221,480 shares (66.93%)); Dynamic Municipal (Series A): Toronto Dominion Bank, NY Branch (2,400 shares (100.00%));<br \/>\nCredit Income (Series A): Toronto Dominion Investments, Inc. (1,500 shares (100.00%)); Credit Income (Series B): Toronto Dominion Investments, Inc. (1,550 shares (100.00%)); Credit Income (Series C): Wells Fargo Bank NA (3,360 shares (100.00%)); New<br \/>\nYork AMT-Free (Series A): Alliance Bernstein (100 shares (12.50%)), Federated (153 shares (19.13%)), Mackay (54 shares (6.75%)), Vanguard (493 shares (61.63%)); Quality Income (Series A): Wells Fargo Bank NA (2,238 shares (100.00%)); Quality Income<br \/>\n(Series B): Bank of America Preferred Funding Corporation (Banc of America) (720 shares (100.00%)). <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">B-4 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\" align=\"right\">APPENDIX C <\/p>\n<p style=\"margin-top:12pt; margin-bottom:0pt; font-size:11pt\" align=\"center\">NUMBER OF BOARD AND COMMITTEE MEETINGS <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:11pt\" align=\"center\">HELD DURING EACH FUND\u2019S LAST FISCAL YEAR <\/p>\n<p style=\"font-size:12pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>Fund<br \/>\n\u00a0\u00a0<br \/>\nRegular<br \/>Board<br \/>Meeting<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nSpecial<br \/>Board<br \/>Meeting<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nExecutive<br \/>Committee<br \/>Meeting<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nDividend<br \/>Committee<br \/>Meeting<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nCompliance,\u00a0Risk<br \/>Management<br \/>and\u00a0Regulatory<br \/>Oversight<br \/>Committee<br \/>Meeting<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nAudit<br \/>Committee<br \/>Meeting<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nNominating<br \/>and<br \/>Governance<br \/>Committee<br \/>Meeting<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\nInvestment<br \/>Committee<br \/>Meeting<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\" align=\"center\">Closed-<\/p>\n<p style=\"margin-top:0pt; margin-bottom:1pt; font-size:8pt\" align=\"center\">End\u00a0Fund<br \/>Committee<\/p>\n<p>\u00a0<\/p>\n<p>AMT-Free Credit Income<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>AMT-Free Value<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>AMT-Free Quality<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>Dynamic Municipal<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>Credit Income<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>Municipal High Income<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>Municipal Income<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>Municipal Value<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>New York AMT-Free<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>New York Value<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>New York Quality Income<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>Quality Income<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n9<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n13<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>Select Maturities<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n7<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n12<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n5<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>Select Tax-Free<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n7<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n12<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n5<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p>Taxable Income<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n6<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n7<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n3<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n8<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n12<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n5<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<br \/>\n\u00a0\u00a0<br \/>\n\u00a0<br \/>\n4<br \/>\n\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">C-1 <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt\" align=\"center\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/netherlands\/wp-content\/uploads\/2026\/07\/g131221g58b43.jpg\" alt=\"LOGO\" style=\"width:1.66891in; height:0.407193in\"\/>\n <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:8pt\">\u00a0<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Nuveen <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">333 West Wacker Drive <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt; font-size:9pt\">Chicago, IL 60606-1286 <\/p>\n<p style=\"margin-top:10pt; margin-bottom:0pt; font-size:9pt\">(800) 257-8787 <\/p>\n<p style=\"font-size:8pt; margin-top:0pt; margin-bottom:0pt\">\u00a0<\/p>\n<p>www.nuveen.com<br \/>\n\u00a0\u00a0<br \/>\nNVG 0826<\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt\" align=\"center\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/netherlands\/wp-content\/uploads\/2026\/07\/g131221dsp_54.jpg\" alt=\"LOGO\" style=\"width:5.9875in; height:7.73542in\"\/>\n <\/p>\n<p style=\"font-size:0.5pt\">PO Box 43131 Providence, RI 02940-3131FUNDS FUNDS FUNDS Nuveen AMT-Free Municipal Credit Income<br \/>\nFund Nuveen AMT-Free Municipal Value Fund Nuveen AMT-Free Quality Municipal Income Fund Nuveen Dynamic Municipal Opportunities Fund Nuveen Municipal Credit Income Fund<br \/>\nNuveen Municipal High Income Opportunity Fund Nuveen Municipal Income Fund, Inc. Nuveen Municipal Value Fund, Inc. Nuveen NY AMT-Free Quality Municipal Income Fund Nuveen New York Municipal Value Fund Nuveen<br \/>\nNew York Quality Municipal Income Fund Nuveen Quality Municipal Income Fund Nuveen Select Maturities Municipal Fund Nuveen Select Tax-Free Income Portfolio Nuveen Taxable Municipal Income Fund NUVEEN FUNDS<br \/>\nTHIS PROXY IS SOLICITED BY THE BOARD OF TRUSTEES\/DIRECTORS FOR AN ANNUAL MEETING OF SHAREHOLDERS, AUGUST\u00a013, 2026 COMMON SHARES The Annual Meeting of Shareholders will be held Thursday, August\u00a013, 2026 at 2:00 p.m. Central Time virtually<br \/>\nat the following Website: www.meetnow.global\/MQ6NNYJ. At this meeting, you will be asked to vote on the election of board members as described in the Joint Proxy Statement attached. The undersigned, revoking previous proxies, hereby appoints Kevin<br \/>\nJ. McCarthy, John M. McCann and Mark L. Winget, and each of them, with full power of substitution, proxies for the undersigned, to represent and vote the shares of the undersigned at the Annual Meeting of Shareholders to be held on Thursday,<br \/>\nAugust\u00a013, 2026, or any adjournment(s) or postponement(s) thereof. To participate in the Virtual Meeting enter the 14-digit control number from the shaded box on this card. In their discretion, the proxy<br \/>\nholders named above are authorized to vote upon such other matters as may properly come before the meeting or any adjournment(s) or postponement(s) thereof. Receipt of the Notice of the Annual Meeting of Shareholders and the accompanying Joint Proxy<br \/>\nStatement is hereby acknowledged. The shares of the Fund(s) represented hereby will be voted as indicated or FOR the proposals if no choice is indicated. WHETHER OR NOT YOU PLAN TO PARTICIPATE IN THE VIRTUAL MEETING, PLEASE COMPLETE, DATE AND SIGN<br \/>\nYOUR PROXY CARD AND RETURN IT IN THE ENCLOSED ENVELOPE SO THAT YOUR VOTE WILL BE COUNTED. AS AN ALTERNATIVE, PLEASE CONSIDER VOTING BY TELEPHONE AT<br \/>\n1-800-337-3503 OR OVER THE INTERNET (www.proxy-direct.com). VOTE VIA THE INTERNET: www.proxy-direct.com VOTE VIA THE TELEPHONE: 1-800-337-3503 NUV_35209_062226 PLEASE SIGN, DATE ON THE REVERSE SIDE AND RETURN THE PROXY PROMPTLY USING THE ENCLOSED ENVELOPE.<br \/>\nxxxxxxxxxxxxxx code <\/p>\n<p style=\"margin-top:0pt; margin-bottom:0pt\" align=\"center\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/netherlands\/wp-content\/uploads\/2026\/07\/g131221dsp_55.jpg\" alt=\"LOGO\" style=\"width:5.9875in; height:7.73542in\"\/>\n <\/p>\n<p style=\"font-size:0.5pt\">THE BOARD OF TRUSTEES\/DIRECTORS RECOMMENDS THAT YOU VOTE \u201cFOR\u201d THE PROPOSALS. In their discretion, the proxy holders are<br \/>\nauthorized to vote upon such other matters as may properly come before the Annual Meeting or any adjournment(s)\/postponement(s) thereof. Properly executed proxies will be voted as specified. If no other specification is made, such shares will be<br \/>\nvoted \u201cFOR\u201d the proposals. TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS SHOWN IN THIS EXAMPLE: X A Proposals 1a. Election of Board Members: To withhold authority to vote for any individual nominee(s) mark the box \u201cFOR ALL<br \/>\nEXCEPT\u201d and write the nominee number(s) on the line provided. Class\u00a0I 01. Joseph A. Boateng 02. Amy B. R. Lancellotta 03. John K. Nelson 04. Terence J. Toth FOR WITHHOLD FOR ALL ALL ALL EXCEPT 01 Nuveen Municipal Income Fund, Inc. \u2610<br \/>\n\u2610 \u2610 1b. Election of Board Members: To withhold authority to vote for any individual nominee(s) mark the box \u201cFOR ALL EXCEPT\u201d and write the nominee number(s) on the line provided. Class\u00a0II 01. Joseph A. Boateng 02. Amy B.<br \/>\nR. Lancellotta 03. John K. Nelson 04. Terence J. Toth FOR WITHHOLD FOR ALL ALL ALL EXCEPT 01 Nuveen AMT-Free Municipal Value Fund \u2610 \u2610 \u2610 02 Nuveen Municipal Value Fund, Inc. \u2610 \u2610<br \/>\n\u2610 03 Nuveen New York Municipal Value Fund \u2610 \u2610 \u2610 04 Nuveen Select Maturities Municipal Fund \u2610 \u2610 \u2610 05 Nuveen Select Tax-Free Income Portfolio \u2610 \u2610 \u2610 06<br \/>\nNuveen Taxable Municipal Income Fund \u2610 \u2610 \u2610 1c. Election of Board Members: To withhold authority to vote for any individual nominee(s) mark the box \u201cFOR ALL EXCEPT\u201d and write the nominee number(s) on the line provided.<br \/>\nClass\u00a0II 01. Joseph A. Boateng 02. Amy B. R. Lancellotta 03. John K. Nelson 04. Terence J. Toth FOR WITHHOLD FOR ALL ALL ALL EXCEPT 01 Nuveen AMT-Free Municipal Credit Income Fund \u2610 \u2610 \u2610<br \/>\n02 Nuveen AMT-Free Quality Municipal Income Fund \u2610 \u2610 \u2610 03 Nuveen Dynamic Municipal Opportunities Fund \u2610 \u2610 \u2610 04 Nuveen Municipal Credit Income Fund \u2610 \u2610 \u2610 05<br \/>\nNuveen Municipal High Income Opportunity Fund \u2610 \u2610 \u2610 06 Nuveen NY AMT-Free Quality Municipal Income Fund \u2610 \u2610 \u2610 07 Nuveen New York Quality Municipal Income Fund \u2610<br \/>\n\u2610 \u2610 08 Nuveen Quality Municipal Income Fund \u2610 \u2610 \u2610 2. To transact such other business as may properly come before the Annual Meeting. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS for the Annual Meeting<br \/>\nof Shareholders on August\u00a013, 2026. The Joint Proxy Statement for this meeting is available at:<br \/>\nhttps:\/\/www.nuveen.com\/en-us\/investments\/proxy-information#closed-end-funds B Authorized Signatures \u2014 This section must be<br \/>\ncompleted for your vote to be counted.\u2014 Sign and Date Below Note: Please sign exactly as your name(s) appear(s) on this proxy card, and date it. When shares are held jointly, each holder should sign. When signing as attorney, executor,<br \/>\nadministrator, trustee, guardian, officer of corporation or other entity or in another representative capacity, please give the full title under the signature. Date (mm\/dd\/yyyy) \u2014 Please print date below Signature 1 \u2014 Please keep<br \/>\nsignature within the box Signature 2 \u2014 Please keep signature within the box Scanner bar code xxxxxxxxxxxxxx NUV 35209 xxxxxxxx <\/p>\n","protected":false},"excerpt":{"rendered":"\u00a0 \u00a0 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section\u00a014(a)&hellip;\n","protected":false},"author":2,"featured_media":28900,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[3562,19302,19301,19298,166,19300,3559,19299],"class_list":["post-28899","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nxp","tag-board-election","tag-director-compensation","tag-nuveen-closed-end-funds","tag-nuveen-select-tax-free-income-portfolio","tag-nxp","tag-nyse-rule-452","tag-proxy-statement","tag-virtual-annual-meeting"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/28899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/comments?post=28899"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/28899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media\/28900"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media?parent=28899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/categories?post=28899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/tags?post=28899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}