NUO Profile
Nuveen Ohio Quality Municipal Income Fund, a closed-ended fixed income mutual fund managed by Nuveen Investments, Inc., focuses on investing in the tax-exempt municipal bond markets specifically within Ohio. Co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC, the fund employs a rigorous investment strategy rooted in fundamental analysis and a bottom-up stock picking approach.
The fund aims to build a diversified portfolio of tax exempt municipal bonds, leveraging its managers' expertise to select securities that offer potential for income generation and capital appreciation. It benchmarks its performance against the Standard & Poor's Ohio Municipal Bond Index and the broader Standard & Poor's National Municipal Bond Index, ensuring rigorous performance evaluation and alignment with market standards.
Formerly known as Nuveen Ohio Quality Income Municipal Fund, the fund has been operational since October 17, 1991, serving investors seeking tax-advantaged income opportunities in Ohio's municipal bond market. Domiciled in the United States, Nuveen Ohio Quality Municipal Income Fund continues to uphold its commitment to delivering value through strategic municipal bond investments tailored to investor objectives and market conditions.
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