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AI brief of an SEC Form 8-K · NUVEEN MASSACHUSETTS QUALITY MUNICIPAL INCOME FUND (NMT)

Nuveen Massachusetts Quality Municipal Income Fund Suspends Control Share By-Law

Neutral Impact 3 of 5 legal/regulatory Written later

On February 24, 2022, the fund's Board of Trustees amended its by-laws to suspend the control share provision after the U.S. District Court for the Southern District of New York granted summary judgment in favor of Saba Capital Management on February 18, 2022. The by-law will remain of no force and effect while the court judgment is effective and will be reinstated automatically if the judgment is reversed or nullified; the Board and the fund intend to appeal the ruling.

Key points

  • Board adopted Amendment No. 1 to the by-laws on February 24, 2022, per the 8-K and Exhibit 3.1.
  • Control share by-law was adopted in October 2020; Saba filed its complaint on January 14, 2021, alleging it violates Section 18(i) of the Investment Company Act of 1940.
  • Court ruling dated February 18, 2022; the Board and the funds intend to appeal the District Court's decision.
  • The change applies to multiple Nuveen closed-end funds, including Nuveen Massachusetts Quality Municipal Income Fund (NYSE: NMT).

The filing

CompanyNUVEEN MASSACHUSETTS QUALITY MUNICIPAL INCOME FUND (NMT)
Form8-K, current report
Filed with the SECFeb 25, 2022, 7:03 AM ET
Accession number0001193125-22-053225

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 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 February 25, 2022.

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.