Welcome to our dedicated page for Nuveen Pennsylvania Quality Municipal Income Fund SEC filings (Ticker: NQP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Nuveen Pennsylvania Quality Municipal Income Fund's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Nuveen Pennsylvania Quality Municipal Income Fund's regulatory disclosures and financial reporting.
Saba Capital Management and related parties have updated their ownership in Nuveen Pennsylvania Quality Municipal Income Fund. The group reports beneficial ownership of 2,702,529 common shares, representing 7.26% of the fund’s outstanding common stock, based on 37,217,802 shares outstanding as of 8/31/25. All voting and dispositive power over these shares is shared among the reporting persons.
The reporting group states that approximately $29,963,343 was paid to acquire the reported shares, using investor subscription proceeds, capital appreciation, and ordinary-course margin borrowings. Recent transactions between 12/30/25 and 01/13/26 were executed in the open market, and the funds and accounts advised by Saba Capital are entitled to dividends and sale proceeds from these shares. This Amendment No. 16 specifically updates Items 3, 5, and 7 of the prior Schedule 13D.
Saba Capital Management, L.P. and related entities report an 8.28% beneficial ownership stake in Nuveen Pennsylvania Quality Municipal Income Fund. The group, including Saba Capital Management GP, LLC and Boaz R. Weinstein, reports beneficial ownership of 3,082,228 common shares with shared voting and dispositive power and no sole voting or dispositive power.
The percentage is based on 37,217,802 common shares outstanding as of 8/31/25, as disclosed in the fund's N-CSR. The filing states that approximately $34,173,123 was paid to acquire the reported shares using investor subscription proceeds, capital appreciation, and margin borrowings in the ordinary course of business.
Nuveen Pennsylvania Quality Municipal Income Fund and two related state funds are asking shareholders to approve mergers into Nuveen Municipal High Income Opportunity Fund, along with electing Board members. If approved, each Target Fund will combine into the larger national fund, and common and preferred shares will be converted into newly issued Acquiring Fund shares.
Boards cite potential benefits such as higher common share net earnings, better secondary market liquidity, a historically narrower trading discount, and greater portfolio and leverage flexibility from a larger, nationally diversified fund that can invest more in lower rated municipal bonds. For Missouri, total operating expenses (excluding leverage costs) are expected to be lower; for New Jersey and Pennsylvania, expenses are expected to be higher but with a broader mandate and potential for higher net earnings.
Shareholders are warned that the Acquiring Fund may hold more lower rated securities, increasing credit risk, and that investors will lose New Jersey, Pennsylvania, or Missouri state income tax exemption on distributions. Preferred holders will receive new preferred shares with substantially similar terms, but without state tax–related gross-up provisions. The mergers are intended to qualify as tax-free reorganizations for federal income tax purposes and are expected to take effect on or about February 9, 2026, if all approvals and conditions are met.
Nuveen’s New Jersey (NXJ), Pennsylvania (NQP) and Missouri (NOM) Quality Municipal Income Funds are asking preferred shareholders to approve mergers into Nuveen Municipal High Income Opportunity Fund (NMZ) and to elect board members. Each Target Fund would merge into an NMZ subsidiary, with common and preferred shares converted into newly issued NMZ common and preferred shares.
The combined fund would shift from state‑specific portfolios focused on investment‑grade bonds and state tax‑exempt income to a nationally diversified portfolio that may allocate up to 75% of managed assets to lower‑rated municipal securities, increasing credit risk and generally eliminating New Jersey, Pennsylvania and Missouri state tax exemptions. Preferred shareholders would receive NMZ preferred shares with substantially similar priority and terms but without state tax gross‑up features. Nuveen will waive part of its advisory fee for six months after closing, and pro forma expense tables show slightly lower total annual expenses for common shareholders versus the individual Target Funds.
Nuveen Pennsylvania Quality Municipal Income Fund reported an updated large shareholder disclosure. An Amendment No. 14 Schedule 13D filing shows that funds and accounts advised by Saba Capital Management, L.P., together with Saba Capital Management GP, LLC and Boaz R. Weinstein, beneficially own 3,481,758 common shares, or 9.36% of the fund’s common shares.
The ownership percentage is based on 37,217,802 common shares outstanding as of 8/31/25, as cited from the fund’s N-CSR filed 11/6/25. The filing states that approximately $38,602,772 was paid to acquire the reported position, using investor subscription proceeds, capital appreciation, and ordinary-course margin borrowings. The purpose of the transaction is listed as not applicable, and Saba-managed funds have the right to receive dividends and sale proceeds from these shares.
Nuveen Pennsylvania Quality Municipal Income Fund (NQP) reported an insider transaction by a major holder. On 11/20/2025, the reporting person disposed of 15,108 common shares in a sale transaction at a price of $12.11 per share. After this sale, the reporting person beneficially owns 3,715,104 common shares, held indirectly. The filing notes that, as a result of this disposition, the reporting person now owns less than 10% of the fund’s outstanding common shares, which changes their status from a 10% owner to a holder below that threshold.
Nuveen Pennsylvania Quality Municipal Income Fund (NQP) reported an insider transaction by a 10% owner. On 11/18/2025, the reporting person sold 30,454 shares of common stock at a price of $12.14 per share. After this sale, the reporting person beneficially owned 3,730,212 shares, held indirectly.
Saba Capital Management, L.P., a director-level reporting person for Nuveen Pennsylvania Quality Municipal Income Fund (NQP), reported an open-market sale of common shares. On 11/17/2025, the reporting person sold 41,527 common shares at a price of $12.14 per share, identified with transaction code "S" for a sale. After this transaction, the reporting person reported beneficial ownership of 3,828,200 shares held indirectly. The filing is made as a Form 4 and indicates it is filed by one reporting person, with signatures provided by Saba Capital Management, L.P. (by Zachary Gindes) and Boaz Weinstein.
Saba Capital Management, L.P. and affiliates filed Amendment No. 13 to their Schedule 13D for Nuveen Pennsylvania Quality Municipal Income Fund (NQP). The group, including Saba Capital Management GP, LLC and Boaz R. Weinstein, reports beneficial ownership of 3,869,727 common shares, representing 10.4% of the fund’s outstanding common stock, based on 37,217,802 shares outstanding as of 8/31/25. Approximately $42,904,242 was paid to acquire these shares, funded by investor subscriptions, capital appreciation, and ordinary-course margin borrowings. All recent trades triggering this amendment were open-market transactions between 11/10/25 and 11/14/25, listed in Schedule A.
Saba Capital Management, L.P., a 10% owner of Nuveen Pennsylvania Quality Municipal Income Fund (NQP), reported open-market sales of common shares. On 11/13/2025, it sold 69,087 shares at $12.20 each, followed by a sale of 174,255 shares at $12.19 on 11/14/2025. After these transactions, the reporting person beneficially owned 3,869,727 common shares, held indirectly.