Nuveen Pennsylvania Quality Municipal Income Fund

Market Movers (8-K)

NYSE
Nuveen Pennsylvania Quality Municipal Income Fund has amended its by-laws to remove control share provisions, effective February 28, 2024.

Insider Trading (Form 4)

NYSE
Wells Fargo & Company reports the exchange of 2,175 Variable Rate Demand Preferred shares of NQP for shares in NMZ due to fund reorganization.
NYSE
Shareholders of Nuveen's state-specific municipal funds are projected to see increased tax-adjusted earnings post-merger into the broader Nuveen Municipal High Income Opportunity Fund.
Better than expected
NYSE
Nuveen proposes merging three municipal income funds (NXJ, NQP, NOM) into Nuveen Municipal High Income Opportunity Fund (NMZ) to enhance scale, earnings, and liquidity for shareholders.
Better than expected
NYSE
Nuveen's municipal income funds have adjourned their shareholder meeting to February 26, 2026, urging investors to vote on important proposals to minimize proxy costs.
Delay expected
NYSE
Nuveen Funds are reminding shareholders to vote on important operating initiatives ahead of the January 16, 2026 meeting to avoid additional solicitation costs.
NYSE
Saba Capital Management, L.P. reported selling 15,108 shares of Nuveen Pennsylvania Quality Municipal Income Fund, reducing its beneficial ownership to below 10%.

Proxy Statements (Def-14A)

NYSE
Nuveen seeks to streamline its municipal closed-end fund lineup through mergers of three state-specific funds into a national high-income opportunity fund, alongside board member elections.
NYSE
Nuveen Pennsylvania Quality Municipal Income Fund is encouraging shareholders to vote in support of their Board's nominees at the upcoming Annual Meeting to protect their income and investment future.
NYSE
Nuveen Pennsylvania Quality Municipal Income Fund (NQP) will hold its Annual Meeting of Shareholders on December 19, 2024, to elect trustees and transact other business.
NYSE
Nuveen Pennsylvania Quality Municipal Income Fund (NQP) and Nuveen New Jersey Quality Municipal Income Fund (NXJ) have scheduled their annual shareholder meetings for December 19, 2024, to elect trustees.

Schedule 13D - Activist Investments

NYSE
Wells Fargo & Company and its affiliate report no longer owning VRDP Shares of Nuveen Pennsylvania Quality Municipal Income Fund following a reorganization.
NYSE
Saba Capital Management, L.P. and its affiliates reported a slight reduction in their beneficial ownership of Nuveen Pennsylvania Quality Municipal Income Fund to 4.99%.
Worse than expected
NYSE
Saba Capital Management, L.P. filed an Amendment No. 18 to its Schedule 13D, reporting a reduced beneficial ownership of 5.1% in Nuveen Pennsylvania Quality Municipal Income Fund.
NYSE
Saba Capital Management, L.P. and its affiliates have reduced their beneficial ownership in Nuveen Pennsylvania Quality Municipal Income Fund to 6.14% through open market sales.
Worse than expected
NYSE
Saba Capital Management, L.P. and its affiliates have filed an Amendment No. 16 to Schedule 13D, reporting a reduced beneficial ownership of 7.26% in Nuveen Pennsylvania Quality Municipal Income Fund following recent share sales.
Worse than expected
NYSE
Saba Capital Management, L.P. filed an Amendment No. 15 to Schedule 13D, disclosing a beneficial ownership of 8.28% in Nuveen Pennsylvania Quality Municipal Income Fund and detailing recent share sales.
Worse than expected

Schedule 13G - Passive Investments

NYSE
Sit Investment Associates and Sit Fixed Income Advisors II have reported an 8.1% beneficial ownership stake in Nuveen Pennsylvania Quality Municipal Income Fund.
NYSE
Sit Investment Associates and Sit Fixed Income Advisors II have reported an 8.1% beneficial ownership stake in Nuveen Pennsylvania Quality Municipal Income Fund.