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Nuveen Virginia Quality Municipal Income Fund (NPV)

Single State Muni Bond Funds - Virginia (VA)

Data as of Sept. 20, 2023
Market Price $10.08 ( $0.00)
NAV (Sept. 20, 2023) $11.87 ( $0.00)
Fund Listed NYSE
Premium / Discount -15.08% (0.00%)
Fund Info
Inception March 18, 1993
Sponsor Nuveen Fund Advisors
Phone 800-257-8787
Location Illinois
Incorporated Massachusetts
Staggered Board Yes
Term Date N/A
Objective: Current income exempt from federal income taxes and Virginia income; investment grade municipal securities
Related Indexes
State Municipal Index (Non NY/CA)
Capital & Leverage
Outstanding Shares 17,924,699
Total Assets (Reported: July 30, 2023) $356M
Estimated Total Assets $342M
Net Assets $213M
Market Cap $181M
Portfolio Turnover 29.00%
Total Leverage 37.76%
Structural Leverage (out of total) 94.99%
Portfolio Leverage (out of total) 5.01%
Expense Ratio 3.29%
Non Lev Exp Ratio 1.12%
Rel Lev Cost 3.58%
Discount Data
Average Discount (3 Yr) 0.01%
Discount Low(3 Yr) -15.08%
Discount High(3 Yr) 16.59%
Discount Rel Range (3 Yr) 0.00%
Comp Discount 0.35
Discount St Dev (1Yr) 5.60
Z-Stat (6mo) -2.15
Z-Stat (1Yr) -1.40
Z-Stat (3Yr) -2.11
Comp Z-Stat (6mo) -0.32
Comp Z-Stat (3Yr) -0.27
Distribution Data
Market Yield 4.05%
Income Yield 4.05%
Lev Adj NAV Yield 2.50%
Distribution Frequency M
Current Distribution $0.034
Current Income $0.034
Ex-Date 9/14/23
Payable Date 10/2/23
Div Growth (3yr) -27.66%
Dividend Change -5.6% on 4/3/23
Expected Div 10/2/23
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $280
Avg Volume 30 day 30,066
Avg Volume 90 day 27,810
Volume Trend 8.11%
Comp Volume Trend -21.13%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's State Municipal Index (Non NY/CA)
Most Correlated Peer (Mk Pr): BHV 59.0%
NAV - Price Correlation (30 d) 65.1%
NAV - Price Correlation (90 d) 92.2%
NAV - Price Correlation (1 Yr) 10.2%
Price St Dev (1Yr) 12.2%
NAV St Dev (1Yr) 7.3%
Earnings / Share (7/31/23) $0.030
Earn Coverage 87.65%
Earnings Trend Down
UNII / Share (7/31/23) $-0.009
Rel UNII -2.13
UNII Trend Down
Bond Specific Data
Maturity 19.35
Duration 13.89
Credit Rating (rbo) A
Investment Grade 79.40%
Non Investment Grade 7.50%
Unrated Bonds 13.20%
Average Bond Price 96.60
Discount vs Price -18.48
Coupon 4.75%
Zero Coupon 4.60%
AMT 14.92%
AMT Yield 3.88%
Bond Calls Risk 7.70%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's State Municipal Index (Non NY/CA)

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NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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