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). |