NPV: Nuveen's Municipal Bond CEF For Virginia Taxpayers

  • Reviewing Nuveen Virginia Quality Municipal Income Fund to assess its benefits for Virginians compared to Nuveen's national municipal bond CEF. NPV invests in Virginia municipal securities rated Baa/BBB or better, providing income exempt from federal and state taxes.  The strategy focuses on escaping state and local income taxes. The fund employs a bottom-up stock picking approach and benchmarks against the S&P National and Virginia Municipal Bond Indexes.