NQP Profile
Nuveen Pennsylvania Quality Municipal Income Fund, based in the United States and launched by Nuveen Investments, Inc., operates as a closed-ended fixed income mutual fund specializing in Pennsylvania's municipal bond markets. Managed jointly by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC, the fund focuses on investing in tax-exempt municipal bonds rated Baa/BBB or higher, aiming to provide income streams exempt from federal and Pennsylvania state income taxes.
Utilizing a rigorous approach combining fundamental analysis and bottom-up stock selection, Nuveen Pennsylvania Quality Municipal Income Fund strategically constructs its portfolio. This methodology ensures investments meet stringent criteria for credit quality and tax efficiency, optimizing returns while managing risks associated with municipal bond investments. The fund benchmarks its performance against both the Standard & Poor's Pennsylvania Municipal Bond Index and the S&P National Municipal Bond Index, reflecting its commitment to achieving competitive performance within its targeted market sectors.
Formerly known as Nuveen Pennsylvania Investment Quality Municipal Fund, the fund was established on December 20, 1990, and has since evolved to offer investors a trusted vehicle for accessing Pennsylvania municipal bonds. With a steadfast focus on quality and tax advantages, Nuveen Pennsylvania Quality Municipal Income Fund remains a preferred choice for investors seeking stable income opportunities and favorable tax treatment in their investment portfolios.
As part of Nuveen's comprehensive suite of investment solutions, the fund underscores Nuveen Investments' reputation for expertise and reliability in the municipal bond market. Committed to investor satisfaction and effective portfolio management, Nuveen Pennsylvania Quality Municipal Income Fund continues to uphold its legacy of delivering value through disciplined investment strategies and proactive market insights.
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