Nuveen Pennsylvania Quality Municipal Income Fund Overview
Pro stress-test →Nuveen Pennsylvania Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund's investment objectives are to provide current income exempt from regular federal and Pennsylvania income taxes and to enhance portfolio value relative to the Pennsylvania municipal bond market by investing in tax-exempt Pennsylvania municipal bonds.
Strategic Profile
Pro stress-test →The fund invests in the fixed income markets of Pennsylvania and invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio.
Competitive Landscape
Pro stress-test →NQP competes within the state-specific municipal bond fund category, alongside other Nuveen state-specific offerings (such as Nuveen New Jersey Quality Municipal Income Fund and Nuveen Missouri Quality Municipal Income Fund). The fund differentiates through its investment-grade focus and fundamental bottom-up selection approach within the Pennsylvania municipal market.
Industry Context
Nuveen Pennsylvania Quality Municipal Income Fund operates in State-specific municipal bond funds.
Key facts
Founded: 1990 · Headquarters: Chicago, US · Employees: N/A · Revenue: N/A · Market cap: $446.61M