Preferred Stock Channel
Nuveen Maryland Quality Municipal Income Fund | MuniFund Term Preferred Shares, 2.65% Series 2015 (NMY.PRC)

This preferred is marked as having been called.
Prospectus excerpt:  Dividends on the MTP Shares will be payable monthly. The initial dividend period for the MTP Shares will commence on the first date of original issuance of MTP Shares and end on February 28, 2010 and each subsequent dividend period will be a calendar month (or the portion thereof occurring prior to the redemption of such MTP Shares). Dividends will be paid on the first business day of the month next following a dividend period and upon redemption of the MTP Shares, except that dividends paid with respect to any dividend period consisting of the month of December in any year will be paid on the last business day of December. Dividends with respect to any monthly dividend period will be declared and paid to holders of record of MTP Shares as their names shall appear on the registration books of the Fund at the close of business on the 15th day of such monthly dividend period (or if such day is not a business day, the next preceding business day).

Redemption. The Fund is required to redeem the MTP Shares on February 1, 2015 unless earlier redeemed or repurchased by the Fund. In addition, MTP Shares are subject to optional and mandatory redemption in certain circumstances. As of February 1 , 2011, the Series 2015 MTP Shares will be subject to redemption at the option of the Fund, subject to payment of a premium through January 31, 2012, and at par thereafter. The Series 2015 MTP Shares also will be subject to redemption, at the option of the Fund, at par in the event of certain changes in the credit rating of the MTP Shares, as described herein. See ÙDescription of MTP Shares?Redemption.ˆ

Full Prospectus PDF », Secondary Prospectus PDF », NMY Page »

Series:2015
Alternate symbology:NMY-C, NMY-PC, NMYprC
Redeemable?:Yes
Call Date:2/1/2011 (Now Trading Post Call Date)
Maturity Date:2/1/2015
Cumulative?:Yes
Shares Offered:3,627,500
Overallotment:544,125
Liquidation Preference:$10.00
Original Coupon:2.65%
Pay Period:Monthly
CDx3 Compliance Rating: Learn NMY.PRC's Rating
Nuveen Maryland Quality Municipal Income Fund is a closed-end management investment company. The Fund's investment objective is to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain United States territories. Under normal market conditions, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax and a single state's personal income tax.

Preferreds: NMY.PRC, NMY.PRG, NMY.PRF, NMY.PRE, NMY.PRH, NMY.PRD


Open the NMY Information Page »
Name:  Nuveen Maryland Quality Municipal Income Fund
Website:  www.nuveen.com/NMY
Sector:  Investment Companies & Venture Capital

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