NTX Nuveen Texas Quality Municipal Income Fund

The Nuveen Texas Quality Municipal Income Fund (NYSE: NTX) has filed with the Securities and Exchange Commission notice of intention to redeem all outstanding Institutional MuniFund Term Preferred (iMTP) shares. The iMTP redemption price will be the $5,000 liquidation preference per share, plus an additional amount representing the final accumulated distribution amounts owed. The fund expects to finance the iMTP share redemption with the proceeds of newly issued preferred shares and the redemption is contingent upon the completion of all aspects of such preferred share placement by the fund, which may not occur as planned. Official notification of the redemption will be delivered to iMTP shareholders at a later date through The Depository Trust Company (DTC).

The anticipated date of redemption of the outstanding iMTP shares are as follows:

Fund & Common Share Symbol    

Share

   

iMTP

    Anticipated

Amount

CUSIP

Redemption Date Nuveen Texas Quality Municipal Income Fund (NYSE: NTX) 14,400 670983501 October 2, 2017  

The address of the calculation and paying agent, The Bank of New York Mellon, is 101 Barclay Street, Floor 7E, New York, New York 10286

The fund intends to offer the new preferred shares to qualified institutional buyers (as defined in Rule 144A of the Securities Act of 1933 (the Securities Act) in a private offering exempt from registration under the Securities Act.

No preferred shares, including iMTP shares, have been registered under the Securities Act or any state securities laws. Unless so registered, no preferred shares may be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws. This press release is neither an offer to sell nor a solicitation of an offer to buy any securities.

About Nuveen

Nuveen offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. As the investment management arm of TIAA, Nuveen has $929 billion in assets under management as of 6/30/17 and operations in 16 countries. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.

The information contained on the Nuveen website is not a part of this press release.

FORWARD LOOKING STATEMENTS:

Certain statements made or referenced in this release may be forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:

• market developments, including the successful sale of new preferred securities by the fund identified in this press release;
• legal and regulatory developments; and
• other additional risks and uncertainties.

Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statements.

224351-INV-O-08/19

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NuveenKristyna Munoz254-644-1615kristyna.munoz@nuveen.com