XNQPX

About XNQPX

Nuveen Pennsylvania Quality Municipal Income Fund is a closed-end mutual fund specializing in fixed income investments, with a focus on municipal bonds issued within Pennsylvania. Its primary objective is to provide investors with a steady stream of income that is exempt from both regular federal and Pennsylvania state income taxes. The fund largely invests in high-quality, investment-grade municipal securities, typically rated Baa/BBB or higher, although it may allocate a portion of assets to bonds rated below investment grade. Portfolio construction relies on fundamental, bottom-up analysis to select securities, aiming to optimize income while maintaining credit quality. As part of the larger Nuveen family of funds, the Nuveen Pennsylvania Quality Municipal Income Fund plays a significant role for tax-conscious investors seeking diversified exposure to Pennsylvania’s municipal market. This fund is notable for its use of leverage to enhance income and its secondary objective of capital appreciation, supporting both individual and institutional investors who prioritize tax efficiency within fixed income portfolios.