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Nuveen Virginia Quality Municipal Income Fund declares $0.065 dividend
Seeking Alpha News (Thu, 2-Apr 1:25 PM ET)
The fund's primary investment objective is current income exempt from both federal income taxes and Virginia income taxes; its secondary investment objective is the enhancement of portfolio value. The fund invests in municipal securities that are exempt from federal and Virginia state income taxes. The fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade (Baa/BBB or better by S&P, Moody’s, or Fitch) or, if they are unrated, are judged by the manager to be of comparable quality. The fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality, of which up to 10% of its managed assets may be rated below B-/B3 or of comparable quality. The fund uses leverage
Nuveen Va Quality Income Muni trades on the NYSE stock market under the symbol NPV.
As of April 2, 2026, NPV stock price declined to $11.36 with 23,720 million shares trading.
NPV has a beta of 0.07, meaning it tends to be less sensitive to market movements. NPV has a correlation of 0.01 to the broad based SPY ETF.
NPV has a market cap of $217.68 million. This is considered a Small Cap stock.
In the last 3 years, NPV traded as high as $13.72 and as low as $8.92.
NPV has underperformed the market in the last year with a price return of +1.9% while the SPY ETF gained +17.5%. However, in the short term, NPV had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.0% vs -3.7% return in SPY. But in the last 2 weeks, NPV shares have been beat by the market, returning -1.4% compared to an SPY return of -0.1%.
NPV support price is $11.35 and resistance is $11.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NPV shares will trade within this expected range on the day.