Nuveen Quality Municipal Income Fund adds four trustees, board size set at 12 from Jan. 1, 2024
The fund's board and those of other funds in the Nuveen and TIAA-CREF fund complex agreed to consolidate board membership so the same trustees oversee all funds. Joseph A. Boateng, Michael A. Forrester, Thomas J. Kenny and Loren M. Starr join the board as independent members effective January 1, 2024, and the filing says the company expects cost savings that would benefit shareholders, though no amounts are given.
Key points
- Board size will be set at 12 members effective January 1, 2024
- Joseph A. Boateng, Michael A. Forrester, Thomas J. Kenny and Loren M. Starr appointed as independent board members effective January 1, 2024
- Trustees Jack B. Evans and William C. Hunter are expected to retire effective December 31, 2023
- The filing cites expected cost efficiencies and expense savings but does not quantify them
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 13, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.