NKG Profile
Nuveen Georgia Quality Municipal Income Fund, domiciled in the United States, operates as a closed-ended fixed income mutual fund managed jointly by Nuveen Fund Advisors, LLC and Nuveen Asset Management, LLC. Launched by Nuveen Investments, Inc., the fund specializes in investing in the fixed income markets of Georgia. It focuses on acquiring undervalued municipal securities and related investments that provide income exempt from regular federal and Georgia income taxes.
The fund's investment strategy emphasizes investment grade securities with an average maturity period of approximately 17 years. Utilizing fundamental analysis and a meticulous bottom-up stock picking approach, it aims to construct a diversified portfolio that optimizes returns while mitigating risks.
In terms of performance evaluation, the fund benchmarks its portfolio against the Standard & Poor's (S&P) Georgia Municipal Bond Index and the Standard & Poor's (S&P) National Municipal Bond Index. This strategic alignment helps gauge its performance relative to both regional and national municipal bond markets.
Initially named Nuveen Georgia Dividend Advantage Municipal Fund 2, the Nuveen Georgia Quality Municipal Income Fund was established on October 26, 2001. It continues to uphold its commitment to tax-exempt income generation and strategic investment in Georgia's municipal bond landscape, reflecting Nuveen's expertise in fixed income investment management.
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