Business Description
Launched in 1993 and based in the United States, this closed-end fund focuses on fixed income investments in Virginia, targeting municipal bonds rated Baa/BBB or higher. Managed by Nuveen Fund Advisors LLC and Nuveen Asset Management LLC, it seeks to deliver income that is free from both federal and Virginia state taxes. The fund measures its results against the S&P National Municipal Bond Index and the S&P Virginia Municipal Bond Index.