Performance analysis of NMS (Nuveen Minnesota Quality Municipal Income Fund)
Annual Return
Over the past 3 years, NMS has had an average annual return of +9.90%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, NMS has had an average annual return of -0.31%, underperforming the benchmark SPY, which returned +13.88% annual.
Over the past 10 years, NMS has had an average annual return of +1.97%, underperforming the benchmark SPY, which returned +15.44% annual.
Since Oct 8, 2014, NMS has had an average annual return of +3.25%, underperforming the benchmark SPY, which returned +14.11% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +7.32% | +2.09% | +19.58% | +1.56% | -21.88% | +5.46% | +5.82% | +25.72% | -13.30% | -1.59% | +12.44% | +7.41% |
| 2014 | |||||||||||
| -3.37% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.30% | +1.88% | +0.48% | +0.63% | +0.80% | +0.04% | +7.32% | ||||||
| 2025 | +1.09% | +0.92% | -2.94% | -1.65% | -2.37% | +0.91% | -0.31% | +1.18% | +5.44% | +1.66% | +0.22% | -1.79% | +2.09% |
| 2024 | +2.02% | +0.28% | +1.29% | -3.78% | +0.74% | +5.78% | +6.39% | +7.72% | +1.02% | +3.62% | +0.03% | -6.20% | +19.58% |
| 2023 | +8.76% | -2.82% | +2.68% | -4.09% | -4.28% | +1.59% | -0.84% | -3.57% | -7.88% | -3.33% | +14.30% | +3.09% | +1.56% |
| 2022 | -0.46% | -1.13% | +1.72% | +0.61% | +3.90% | -3.85% | -0.22% | +0.04% | -17.78% | -9.22% | +6.85% | -2.48% | -21.88% |
| 2021 | +1.50% | -0.45% | +0.07% | +6.08% | +3.84% | +0.75% | -4.27% | +3.62% | -0.12% | -5.56% | +0.60% | -0.18% | +5.46% |
| 2020 | -0.50% | +2.02% | -10.92% | +0.07% | +4.26% | +5.43% | +3.02% | +2.94% | -5.62% | +4.10% | +2.58% | -0.45% | +5.82% |
| 2019 | +2.97% | +6.36% | +2.05% | +1.56% | +1.87% | -0.10% | +2.56% | +2.84% | -0% | -2.80% | +0.85% | +5.27% | +25.72% |
| 2018 | -2.32% | -2.52% | +2.40% | -2.27% | -0.87% | -1.22% | -0.13% | +0.58% | -3.84% | -4.14% | +0.34% | +0.01% | -13.30% |
| 2017 | +4.34% | +1.42% | +2.12% | -1.24% | -1.44% | -0.56% | -2.20% | +0.79% | -2.30% | -1.13% | -2.33% | +1.17% | -1.59% |
Drawdown analysis of NMS (Nuveen Minnesota Quality Municipal Income Fund)
The maximum drawdown for the NMS was -38.76%, occurring on Oct 25, 2023. This drawdown has not yet recovered.
The current NMS drawdown is -3.71%.
Since Oct 8, 2014 NMS has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 2 times
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.76% | Sep 16, 2021 | 530 | Oct 25, 2023 | Ongoing | Ongoing | Ongoing |
| -25.42% | Sep 30, 2016 | 873 | Mar 23, 2020 | 98 | Aug 11, 2020 | 971 |
| -7.35% | Aug 19, 2020 | 20 | Sep 17, 2020 | 28 | Oct 27, 2020 | 48 |
| -7.31% | Mar 18, 2015 | 58 | Jun 10, 2015 | 161 | Jan 29, 2016 | 219 |
| -6.31% | Nov 6, 2014 | 36 | Dec 30, 2014 | 18 | Jan 27, 2015 | 54 |
| -5.93% | Jun 23, 2021 | 23 | Jul 27, 2021 | 34 | Sep 14, 2021 | 57 |
| -5.59% | Oct 15, 2014 | 6 | Oct 23, 2014 | 10 | Nov 6, 2014 | 16 |
| -5.15% | May 4, 2021 | 2 | May 6, 2021 | 33 | Jun 23, 2021 | 35 |
| -4.27% | Aug 15, 2016 | 25 | Sep 20, 2016 | 8 | Sep 30, 2016 | 33 |
| -4.04% | Apr 13, 2016 | 29 | May 24, 2016 | 8 | Jun 6, 2016 | 37 |
| -4.00% | Jul 6, 2016 | 5 | Jul 13, 2016 | 17 | Aug 5, 2016 | 22 |
| -3.76% | Jun 17, 2016 | 5 | Jun 24, 2016 | 7 | Jul 6, 2016 | 12 |
| -3.60% | Oct 27, 2020 | 4 | Nov 2, 2020 | 11 | Nov 17, 2020 | 15 |
| -3.53% | Feb 11, 2021 | 26 | Mar 22, 2021 | 16 | Apr 14, 2021 | 42 |
| -2.67% | Feb 11, 2016 | 4 | Feb 18, 2016 | 5 | Feb 25, 2016 | 9 |
| -2.54% | Nov 17, 2020 | 16 | Dec 10, 2020 | 22 | Jan 13, 2021 | 38 |
| -2.48% | Feb 5, 2015 | 8 | Feb 18, 2015 | 9 | Mar 3, 2015 | 17 |
| -2.26% | Jan 20, 2021 | 2 | Jan 22, 2021 | 8 | Feb 3, 2021 | 10 |
| -1.65% | Apr 21, 2021 | 2 | Apr 23, 2021 | 7 | May 4, 2021 | 9 |
| -1.53% | Mar 1, 2016 | 4 | Mar 7, 2016 | 18 | Apr 1, 2016 | 22 |
| -1.28% | Mar 5, 2015 | 3 | Mar 10, 2015 | 6 | Mar 18, 2015 | 9 |
| -1.28% | Oct 13, 2014 | 1 | Oct 14, 2014 | 1 | Oct 15, 2014 | 2 |
| -1.25% | Aug 12, 2020 | 1 | Aug 13, 2020 | 4 | Aug 19, 2020 | 5 |
| -1.12% | Oct 9, 2014 | 1 | Oct 10, 2014 | 1 | Oct 13, 2014 | 2 |
| -1.03% | Apr 8, 2016 | 1 | Apr 11, 2016 | 2 | Apr 13, 2016 | 3 |