XNPVX

About XNPVX

Nuveen Virginia Quality Municipal Income Fund is a closed-end mutual fund specializing in municipal fixed income investments. Its primary purpose is to provide investors with current income exempt from both regular federal and Virginia state income taxes. The fund achieves this by investing predominantly in investment-grade municipal securities issued within Virginia, supplementing with a limited allocation (up to 20%) to high-yield or unrated bonds deemed of comparable quality by its managers. It may also utilize leverage as part of its strategy. The fund holds a diversified portfolio that features bonds supporting various local infrastructure projects, such as transportation, healthcare, utilities, and public facilities. Notable holdings include revenue bonds from key state authorities and sectors like small business financing, airport systems, and public utilities. Managed by Nuveen Fund Advisors, LLC, the fund plays a significant role in supporting regional development through targeted municipal debt investments, offering investors exposure to the stability and tax advantages associated with high-quality municipal bonds.