| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
NPV Stock Overview
Nuveen Virginia Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc.
Nuveen Virginia Quality Municipal Income Fund Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.32 |
| 52 Week High | US$17.93 |
| 52 Week Low | US$12.00 |
| Beta | 0.39 |
| 1 Month Change | -0.73% |
| 3 Month Change | -11.30% |
| 1 Year Change | -23.48% |
| 3 Year Change | -4.69% |
| 5 Year Change | -7.02% |
| Change since IPO | -17.87% |
Recent News & Updates
Nuveen Virginia Quality Municipal Income Fund declares $0.0485 dividend
Nuveen Virginia Quality Municipal Income Fund (NPV) declares $0.0485/share monthly dividend, in line with previous.Forward yield 3.5%Payable June 1; for shareholders of record May 14; ex-div May 13.See NPV Dividend Scorecard, Yield Chart, & Dividend Growth.
Nuveen Virginia Quality Municipal Income Fund declares $0.0485 dividend
Nuveen Virginia Quality Municipal Income Fund (NPV) declares $0.0485/share monthly dividend, in line with previous.Forward yield 3.69%Payable March 1; for shareholders of record Feb. 12; ex-div Feb. 11.See NPV Dividend Scorecard, Yield Chart, & Dividend Growth.
Nuveen Virginia Quality Municipal Income Fund declares $0.0485 dividend
Nuveen Virginia Quality Municipal Income Fund (NPV) declares $0.0485/share monthly dividend, in line with previous.Forward yield 3.69%Payable Feb. 1; for shareholders of record Feb. 1; ex-div Jan. 14.See NPV Dividend Scorecard, Yield Chart, & Dividend Growth.
Nuveen Virginia Quality Municipal Income Fund declares $0.0485 dividend
Nuveen Virginia Quality Municipal Income Fund (NPV) declares $0.0485/share monthly dividend, in line with previous.Forward yield 3.74%Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14.See NPV Dividend Scorecard, Yield Chart, & Dividend Growth.
Shareholder Returns
| NPV | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 1.8% | 3.3% | 1.0% |
| 1Y | -23.5% | -13.5% | -15.1% |
Return vs Industry: NPV underperformed the US Capital Markets industry which returned -14% over the past year.
Return vs Market: NPV underperformed the US Market which returned -13.2% over the past year.
Price Volatility
| NPV volatility | |
|---|---|
| NPV Average Weekly Movement | 2.8% |
| Capital Markets Industry Average Movement | 0.4% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: NPV is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NPV's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | n/a | n/a | https://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NPV |
Nuveen Virginia Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better.
Nuveen Virginia Quality Municipal Income Fund Fundamentals Summary
| NPV fundamental statistics | |
|---|---|
| Market Cap | US$220.39m |
| Earnings (TTM) | US$12.11m |
| Revenue (TTM) | US$14.99m |
18.2x
P/E Ratio14.7x
P/S RatioIs NPV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NPV income statement (TTM) | |
|---|---|
| Revenue | US$14.99m |
| Cost of Revenue | US$0 |
| Gross Profit | US$14.99m |
| Other Expenses | US$2.88m |
| Earnings | US$12.11m |
Last Reported Earnings
Nov 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.68 |
| Gross Margin | 100.00% |
| Net Profit Margin | 80.81% |
| Debt/Equity Ratio | 54.3% |
How did NPV perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield86%
Payout RatioValuation
Is Nuveen Virginia Quality Municipal Income Fund undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
14.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NPV ($12.32) is trading below our estimate of fair value ($14.46)
Significantly Below Fair Value: NPV is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NPV is good value based on its Price-To-Earnings Ratio (18.2x) compared to the US Capital Markets industry average (29.6x).
PE vs Market: NPV is poor value based on its Price-To-Earnings Ratio (18.2x) compared to the US market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NPV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NPV is overvalued based on its Price-To-Book Ratio (0.8x) compared to the US Capital Markets industry average (-18.8x).
Future Growth
How is Nuveen Virginia Quality Municipal Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
9.8%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nuveen Virginia Quality Municipal Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Nuveen Virginia Quality Municipal Income Fund performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
29.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NPV has high quality earnings.
Growing Profit Margin: NPV's current net profit margins (80.8%) are lower than last year (96.7%).
Past Earnings Growth Analysis
Earnings Trend: NPV has become profitable over the past 5 years, growing earnings by 29.3% per year.
Accelerating Growth: NPV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NPV had negative earnings growth (-18.4%) over the past year, making it difficult to compare to the Capital Markets industry average (96.7%).
Return on Equity
High ROE: NPV's Return on Equity (4.4%) is considered low.
Financial Health
How is Nuveen Virginia Quality Municipal Income Fund's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NPV's short term assets ($5.2M) do not cover its short term liabilities ($25.0M).
Long Term Liabilities: NPV's short term assets ($5.2M) do not cover its long term liabilities ($127.7M).
Debt to Equity History and Analysis
Debt Level: NPV's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: NPV's debt to equity ratio has reduced from 55.3% to 54.3% over the past 5 years.
Debt Coverage: NPV's debt is not well covered by operating cash flow (6%).
Interest Coverage: NPV's interest payments on its debt are well covered by EBIT (7.8x coverage).
Balance Sheet
Dividend
What is Nuveen Virginia Quality Municipal Income Fund current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.72%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NPV's dividend (4.72%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: NPV's dividend (4.72%) is in the top 25% of dividend payers in the US market (4.06%)
Stability and Growth of Payments
Stable Dividend: NPV's dividend payments have been volatile in the past 10 years.
Growing Dividend: NPV's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.1%), NPV's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (117.2%), NPV's dividend payments are not well covered by cash flows.
Management
How experienced are the management team and are they aligned to shareholders interests?
16.3yrs
Average board tenure
CEO
Nuveen Virginia Quality Municipal Income Fund has no CEO, or we have no data on them.
Board Members
Experienced Board: NPV's board of directors are seasoned and experienced ( 16.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Nuveen Virginia Quality Municipal Income Fund's employee growth, exchange listings and data sources
Key Information
- Name: Nuveen Virginia Quality Municipal Income Fund
- Ticker: NPV
- Exchange: NYSE
- Founded: 1993
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$220.390m
- Shares outstanding: 17.89m
- Website: https://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NPV
Location
- Nuveen Virginia Quality Municipal Income Fund
- 333 West Wacker Drive
- Chicago
- Illinois
- 60606
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/25 00:00 |
| End of Day Share Price | 2022/05/25 00:00 |
| Earnings | 2021/11/30 |
| Annual Earnings | 2021/05/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.