Nuveen Virginia Quality Municipal Income Fund Common Stock (NPV)

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Graham-style investor, I begin with the known facts. Nuveen Virginia Quality Municipal Income Fund is a closed-end bond fund holding Virginia municipal securities rated Baa/BBB or better, seeking federally and Virginia tax-exempt income. The tax exemption and investment-grade credit focus are useful, but I see no durable moat in an asset-management wrapper; the mandate is a niche, not proof of pricing power. At the 2026-10-16 close of $9.59, FairStock's P/B is 0.83, its P/E is 8.41, and its Graham Number is $17.14, implying a 44.69% margin of safety. The 7.70% dividend yield is high and beta is 0.72. Those are attractive surface numbers. However, the balance sheet carries D/E of 0.66, so leverage can magnify both income and risk. The supplied financial-health screens are poor—Piotroski F-score 0/9 and Altman Z-score 0.77—though corporate-style scores deserve caution for a fund. Growth is the weak link: revenue growth and profit growth are N/A, and the Lynch category is none because only 0 years of filed results are available and three are needed. I cannot verify a multi-year record of NAV, distribution coverage, or credit losses from the data given. Price below book value plus a high yield can be a value opportunity, but only if the municipal portfolio is sound and the distribution is not eroding NAV. I would want more filed history and clearer coverage before calling this a bargain rather than a yield trap.

In plain English: This fund owns Virginia municipal bonds, mostly rated investment grade, aiming for income exempt from federal and Virginia taxes. Its income yield is high and the price is below the value of the fund's assets, but profit-strength measures and the filing history look weak or incomplete. At $9.59, it screens as cheap versus a simple value estimate, though leverage and limited track record are real risks.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-16 close · note generated 2026-10-20 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer