Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Nuveen Virginia Quality Mncpl Incm Fund (N:NPV)

Business Focus: Investment Management

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEC
Company Contact
Address: 155 Federal St Ste 700
BOSTON MA 02110-1727
Tel: N/A
Website: https://www.nuveen.com/CEF/Product/Overview.aspx
IR: See website
Key People
David J. Lamb
Principal Executive Officer, Chief Administrative Officer
John M. Mccann
Vice President, Assistant Secretary
E. Scott Wickerham
Principal Financial Officer, Vice President, Controller
Brett E. Black
Chief Compliance Officer, Vice President
Nathaniel T. Jones
Vice President, Treasurer
Mark L. Winget
Vice President, Secretary
Mark J. Czarniecki
Vice President, Assistant Secretary
Jeremy D. Franklin
Vice President, Assistant Secretary
Diana R. Gonzalez
Vice President, Assistant Secretary
Brian H. Lawrence
Vice President, Assistant Secretary
   
Business Overview
Nuveen Virginia Quality Municipal Income Fund (the Fund) is a diversified closed-end management investment company. The Fund's primary investment objective is to provide current income exempt from both regular federal income taxes and Virginia state income taxes. Its secondary investment objective is to enhance portfolio value relative to the Virginia municipal bond market by investing in tax-exempt Virginia municipal securities that its investment sub-adviser, believes are underrated or undervalued or that represent municipal market sectors that are undervalued. It invests at least 80% of its assets in municipal securities and other related investments, the income from which is exempt from regular federal and Virginia income taxes. It also invests up to 20% of its managed assets in municipal securities that at the time of investment are rated below investment grade. The Fund's investment advisor is Nuveen Fund Advisors, LLC.
Financial Overview
For the six months ended 30 November 2023, Nuveen Virginia Quality Mncpl Incm Fund revenues increased 3% to $7.8M. Net income totaled $2.5M vs. loss of $13.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Change in net unrealized appreciation (d decrease of 99% to $87K (expense), Net realized gain (loss) from investment decrease of 89% to $692K (expense).