CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Nuveen Virginia Quality Municipal Income Fund (NPV)

Single State Muni Bond Funds - Virginia (VA)

Data as of July 7, 2020
Market Price $14.96 (+ $0.39)
NAV (July 7, 2020) $14.87 (+ $0.02)
Premium / Discount 0.61% (+2.49%)
Fund Info
Inception March 18, 1993
Sponsor Nuveen Fund Advisors
Website https://www.nuveen.com...
Phone 800-257-8787
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 17,878,247
Total Assets (Reported: May 31, 2020) $407M
Estimated Total Assets $388M
Net Assets $266M
Market Cap $267M
Purchases Turnover 22.97%
Sales Turnover 21.74%
Total Leverage 36.40%
Structural Leverage (out of total) 86.26%
Portfolio Leverage (out of total) 13.74%
Expense Ratio 2.06%
Non Lev Exp Ratio 1.02%
Rel Lev Cost 1.82%
Discount Data
Average Discount (3 Yr) -10.40%
Discount Low(3 Yr) -21.87%
Discount High(3 Yr) 0.61%
Discount Rel Range 100.00%
Comp Discount 0.17
Discount St Dev (1Yr) 3.11
Z-Stat (6mo) 2.36
Z-Stat (1Yr) 2.52
Z-Stat (3Yr) 3.33
Comp Z-Stat (6mo) 1.84
Comp Z-Stat (3Yr) 2.55
Distribution Data
Market Yield 3.77%
Income Yield 3.77%
Lev Adj NAV Yield 2.78%
Distribution Frequency M
Current Distribution $0.047
Current Income $0.047
Ex-Date 7/14/20
Payable Date 8/3/20
Div Growth (3yr) 2.17%
Dividend Change 8.0% on 5/1/20
Expected Div 8/3/20
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $323
Avg Volume 30 day 22,340
Avg Volume 90 day 21,581
Volume Trend 3.52%
Comp Volume Trend -2.96%
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 55.0%
NAV - Price Correlation (30 d) 82.2%
NAV - Price Correlation (90 d) 95.2%
NAV - Price Correlation (1 Yr) 83.5%
Price St Dev (1Yr) 23.6%
NAV St Dev (1Yr) 12.4%
Earnings / Share (5/31/20) $0.046
Earn Coverage 98.30%
Earnings Trend Up
UNII / Share (5/31/20) $0.004
Rel UNII 0.64
UNII Trend Up
Bond Specific Data
Maturity 20.46
Duration 11.26
Credit Rating (rbo) A
Investment Grade 83.10%
Non Investment Grade 8.80%
Unrated Bonds 8.20%
Average Bond Price 104.88
Discount vs Price 5.49
Coupon 4.90%
Zero Coupon 7.97%
AMT 13.86%
AMT Yield 3.62%
Bond Calls Risk 9.30%
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 CEFdata.com. 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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