Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | +3.49% | -4.46% | -17.24% | -17.31% | -13.99% | -15.44% | +1.32% | -8.66% | -5.02% | -3.25% |
| Market-price total return | +3.49% | -3.87% | -15.84% | -14.55% | -9.63% | -9.66% | +7.99% | -3.55% | -0.18% | +1.72% |
| NAV return | +2.47% | -4.16% | -11.96% | -12.92% | -13.07% | -13.36% | -3.64% | -7.60% | -3.92% | -3.40% |
| NAV total return | +2.47% | -3.59% | -10.48% | -9.97% | -8.61% | -7.39% | +2.57% | -2.55% | +0.84% | +1.46% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.12% | 0.07% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.11% | 0.08% | as above |
| Volatility, 5 years | 0.14% | 0.08% | as above |
| Maximum drawdown, 3 years | -21.63% | -14.54% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.36 | -0.16 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.51 | -0.22 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.07 | — | MUB (U.S. municipal bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.39 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Nuveen Minnesota Quality Municipal Income Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.