Nuveen Pennsylvania Quality Municipal Income FundNQP
Market Cap: $471M
About: Nuveen Pennsylvania Quality Municipal Income Fund is a diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal and Pennsylvania income taxes and to enhance portfolio value relative to the municipal bond market by investing in municipal securities that are exempt from federal, Pennsylvania state, and local income taxes. It invests a majority of its assets in securities that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
7% more capital invested
Capital invested by funds: $144M [Q1] → $154M (+$10.2M) [Q2]
1.64% more ownership
Funds ownership: 32.17% [Q1] → 33.81% (+1.64%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
5% less funds holding
Funds holding: 63 [Q1] → 60 (-3) [Q2]
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
Research analyst outlook
We haven’t received any recent analyst ratings for NQP.