Nuveen Pennsylvania Quality Municipal Income Fund

 

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-06265

Nuveen Pennsylvania Quality Municipal Income Fund

(Exact name of registrant as specified in charter)

Nuveen Investments

    333 West Wacker Drive, Chicago, Illinois 60606    

(Address of principal executive offices) (Zip code)

Gifford R. Zimmerman

Vice President and Secretary

    333 West Wacker Drive, Chicago, Illinois 60606    

(Name and address of agent for service)

Registrant’s telephone number, including area code:     312-917-7700    

Date of fiscal year end: February 28

Date of reporting period: May 31, 2018

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 

 

 

 

 


Item 1. Schedule of Investments

 

 


NQP
Nuveen Pennsylvania Quality Municipal Income Fund
Portfolio of Investments    as of May 31, 2018
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 163.0% (100.0% of Total Investments)        
    MUNICIPAL BONDS – 163.0% (100.0% of Total Investments)        
    Consumer Staples  – 0.4% (0.3% of Total Investments)        
$ 2,000   Pennsylvania Economic Development Financing Authority, Solid Waste Disposal Revenue Bonds, Procter & Gamble Paper Project, Series 2001, 5.375%, 3/01/31 (Alternative Minimum Tax)   No Opt. Call AA- $ 2,428,740
    Education and Civic Organizations – 19.6% (12.0% of Total Investments)        
1,255   Allegheny County Higher Education Building Authority, Pennsylvania, College Revenue Refunding Bonds, Robert Morris College, Series 1998A, 6.000%, 5/01/28   No Opt. Call Baa3 1,428,629
5,035   Allegheny County Higher Education Building Authority, Pennsylvania, Revenue Bonds, Carnegie Mellon University, Series 2013, 5.000%, 3/01/28   3/23 at 100.00 AA 5,647,055
940   Allegheny County Higher Education Building Authority, Pennsylvania, Revenue Bonds, Duquesne University, Series 2013A, 3.500%, 3/01/34   3/23 at 100.00 A 927,630
    Allegheny County Higher Education Building Authority, Pennsylvania, Revenue Bonds, Robert Morris University, Series 2016:        
735   3.000%, 10/15/30   10/26 at 100.00 Baa3 661,162
1,000   5.000%, 10/15/38   10/26 at 100.00 Baa3 1,085,990
1,625   Allegheny County Higher Education Building Authority, Pennsylvania, Revenue Bonds, Robert Morris University, Series 2017, 5.000%, 10/15/47   10/27 at 100.00 Baa3 1,766,684
3,215   Bucks County Industrial Development Authority, Pennsylvania, Revenue Bonds, School Lane Charter School Project, Series 2016, 5.125%, 3/15/36   3/27 at 100.00 BBB- 3,472,972
835   Chester County Industrial Development Authority, Pennsylvania, Avon Grove Charter School Revenue Bonds, Series 2017A, 5.000%, 12/15/47   12/27 at 100.00 BBB- 874,971
2,200   Crawford County Industrial Development Authority, Pennsylvania, College Revenue Bonds, Allegheny College, Series 2016, 3.000%, 5/01/34   5/26 at 100.00 A- 2,000,526
1,000   Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Dickinson College Project, Second Series 2017A, 5.000%, 11/01/39   11/27 at 100.00 A+ 1,145,210
1,020   Dallas Area Municipal Authority, Pennsylvania, Revenue Bonds, Misericordia University, Series 2014, 5.000%, 5/01/37   5/24 at 100.00 Baa3 1,084,199
750   Delaware County Authority, Pennsylvania, General Revenue Bonds, Eastern University, Series 2006, 4.500%, 10/01/27  –  RAAI Insured   8/18 at 100.00 AA 750,660
4,595   Erie Higher Education Building Authority, Pennsylvania, Revenue Bonds, Gannon University, Series 2016, 4.000%, 5/01/46   11/26 at 100.00 BBB+ 4,372,051
2,395   General Authority of Southcentral Pennsylvania, Revenue Bonds, AICUP Financing Program-York College of Pennsylvania, Series 2017 PP4, 3.375%, 11/01/37   10/27 at 100.00 A- 2,303,918
    Huntingdon County General Authority, Pennsylvania, Revenue Bonds, Juniata College, Series 2016OO2:        
590   3.250%, 5/01/36   5/26 at 100.00 BBB+ 547,384
1,555   3.500%, 5/01/41   5/26 at 100.00 BBB+ 1,470,346
1


NQP Nuveen Pennsylvania Quality Municipal Income Fund (continued)
  Portfolio of Investments as of May 31, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
$ 815   Indiana County Industrial Development Authority, Pennsylvania, Revenue Bonds, Student Cooperative Association Inc./Indiana University of Pennsylvania - Student Union Project, Series 1999B, 0.000%, 11/01/19  –  AMBAC Insured   No Opt. Call N/R $793,916
    Lackawanna County Industrial Development Authority, Pennsylvania, Revenue Bonds, University of Scranton, Series 2017:        
475   3.375%, 11/01/33   11/27 at 100.00 A- 459,700
2,910   4.000%, 11/01/40   11/27 at 100.00 A- 2,953,301
5,235   Lycoming County Authority, Pennsylvania, Revenue Bonds, Pennsylvania College of Technology, Series 2012, 5.000%, 5/01/32   5/22 at 100.00 A 5,550,775
2,155   Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Arcadia University, Series 2010, 5.625%, 4/01/40   4/20 at 100.00 BBB 2,245,639
1,855   Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Thomas Jefferson University, Series 2018A, 5.000%, 9/01/48   9/28 at 100.00 A+ 2,087,561
1,400   Northampton County General Purpose Authority, Pennsylvania, Revenue Bonds, Lafayette College, Refunding Series 2017, 5.000%, 11/01/34   11/27 at 100.00 Aa3 1,636,754
1,465   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Holy Family University, Series 2013A, 6.500%, 9/01/38   9/23 at 100.00 BBB- 1,593,920
1,625   Pennsylvania Higher Educational Facilities Authority, General Revenue Bonds, State System of Higher Education, Series 2008AH, 5.000%, 6/15/33   6/18 at 100.00 Aa3 1,629,095
2,415   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, AICUP Financing Program-Mount Aloysius College Project, Series 2011R-1, 5.000%, 11/01/35   11/21 at 100.00 A- 2,594,652
    Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Bryn Mawr College, Refunding Series 2014:        
2,545   5.000%, 12/01/38   12/24 at 100.00 AA 2,910,946
2,080   5.000%, 12/01/44   12/24 at 100.00 AA 2,372,427
85   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Drexel University, Series 2011A, 5.250%, 5/01/41   5/21 at 100.00 A 91,194
1,000   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Gwynedd Mercy College, Series 2012-KK1, 5.375%, 5/01/42   5/22 at 100.00 BBB 1,041,910
320   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, LaSalle University, Series 2012, 4.000%, 5/01/32   11/22 at 100.00 BBB 319,990
2,000   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Temple University, First Series of 2012, 5.000%, 4/01/42   4/22 at 100.00 Aa3 2,156,220
7,125   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Thomas Jefferson University, Refunding Series 2015A, 5.250%, 9/01/50   3/25 at 100.00 A+ 7,967,389
760   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Thomas Jefferson University, Series 2012, 5.000%, 3/01/42   9/22 at 100.00 A+ 822,601
    Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of the Sciences in Philadelphia, Series 2012:        
1,030   4.000%, 11/01/39   11/22 at 100.00 A3 1,043,277
4,300   5.000%, 11/01/42   11/22 at 100.00 A3 4,652,514
1,310   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of the Sciences in Philadelphia, Series 2015A, 5.000%, 11/01/36   11/25 at 100.00 A3 1,445,310
2


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Education and Civic Organizations (continued)        
$ 1,590   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Widener University, Series 2013A, 5.500%, 7/15/38   7/23 at 100.00 A- $1,724,482
3,005   Pennsylvania State University, Revenue Bonds, Series 2010, 5.000%, 3/01/35   3/20 at 100.00 Aa1 3,153,177
1,255   Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, La Salle University, Series 2017, 3.625%, 5/01/35   11/27 at 100.00 BBB 1,202,014
554   Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, Leadership Learning Partners, Series 2005A, 5.375%, 7/01/36 (4)   8/18 at 100.00 N/R 5,540
4,500   Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, Philadelphia Performing Arts Charter School, Series 2013, 6.750%, 6/15/43, 144A   6/20 at 100.00 BB 4,732,695
500   Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, Richard Allen Preparatory Charter School, Series 2006, 6.250%, 5/01/33   8/18 at 100.00 N/R 438,330
2,420   Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, University of the Arts, Series 2017, 5.000%, 3/15/45, 144A   3/28 at 100.00 BB+ 2,472,417
2,320   Scranton-Lackawanna Health and Welfare Authority, Pennsylvania, Revenue Bonds, University of Scranton, Series 2016, 5.000%, 11/01/37   5/26 at 100.00 A- 2,545,086
5,250   Scranton-Lackawanna Health and Welfare Authority, Pennsylvania, University Revenue Bonds, Marywood University, Series 2016, 5.000%, 6/01/46   6/26 at 100.00 BB+ 5,294,730
5,000   State Public School Building Authority, Pennsylvania, College Revenue Bonds, Northampton County Area Community College, Series 2011, 5.500%, 3/01/31   3/21 at 100.00 A1 5,414,250
3,555   Washington County Industrial Development Authority, Pennsylvania, College Revenue Bonds, AICUP Financing Program-Washington and Jefferson College Project, Series 2017-PP5, 3.375%, 11/01/36   11/27 at 100.00 A- 3,392,501
    Wilkes-Barre Finance Authority, Pennsylvania, Revenue Bonds, University of Scranton, Series 2015A:        
1,890   5.000%, 11/01/32   11/25 at 100.00 A- 2,107,483
740   5.000%, 11/01/33   11/25 at 100.00 A- 823,087
740   4.000%, 11/01/35   11/25 at 100.00 A- 751,847
104,969   Total Education and Civic Organizations       109,966,117
    Health Care – 34.1% (20.9% of Total Investments)        
    Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, Ohio Valley General Hospital, Series 2005A:        
1,860   5.000%, 4/01/25   8/18 at 100.00 Caa1 1,846,087
4,160   5.125%, 4/01/35   8/18 at 100.00 Caa1 3,864,765
    Beaver County Hospital Authority, Pennsylvania, Revenue Bonds, Heritage Valley Health System, Inc., Series 2012:        
4,010   5.000%, 5/15/26   5/21 at 100.00 AA- 4,308,464
1,910   5.000%, 5/15/27   5/21 at 100.00 AA- 2,047,654
2,000   5.000%, 5/15/28   5/21 at 100.00 AA- 2,141,180
9,885   Berks County Industrial Development Authority, Pennsylvania, Health System Revenue Bonds, Tower Health Project, Series 2017, 5.000%, 11/01/50   11/27 at 100.00 A 11,005,860
3,300   Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Reading Hospital & Medical Center Project, Series 2012A, 4.500%, 11/01/41   5/22 at 100.00 A 3,413,388
3


NQP Nuveen Pennsylvania Quality Municipal Income Fund (continued)
  Portfolio of Investments as of May 31, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
$ 4,000   Central Bradford Progress Authority, Pennsylvania, Revenue Bonds, Guthrie Health, Refunding Series 2011, 5.375%, 12/01/41   12/21 at 100.00 AA- $4,383,640
    Centre County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Mount Nittany Medical Center Project, Series 2016A:        
805   5.000%, 11/15/41   11/25 at 100.00 AA- 893,566
2,985   5.000%, 11/15/46   11/25 at 100.00 AA- 3,300,962
    Chester County Health and Education Facilities Authority, Pennsylvania, Health System Revenue Bonds, Main Line Health System, Series 2017A:        
3,200   4.000%, 10/01/36   10/27 at 100.00 AA 3,336,608
1,655   4.000%, 10/01/37   10/27 at 100.00 AA 1,724,311
420   Chester County Health and Educational Facilities Authority, Pennsylvania, Health System Revenue Bonds, Jefferson Health System, Series 2010A, 5.000%, 5/15/40   5/20 at 100.00 AA 441,386
    Dauphin County General Authority, Pennsylvania, Health System Revenue Bonds, Pinnacle Health System Project, Refunding Series 2016A:        
1,375   5.000%, 6/01/34   6/26 at 100.00 A+ 1,559,718
375   5.000%, 6/01/35   6/26 at 100.00 A+ 424,241
3,460   Dauphin County General Authority, Pennsylvania, Health System Revenue Bonds, Pinnacle Health System Project, Series 2012A, 5.000%, 6/01/42   6/22 at 100.00 A+ 3,785,275
1,500   Doylestown Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Series 2013A, 5.000%, 7/01/28   7/23 at 100.00 BBB- 1,611,690
2,275   Doylestown Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Series 2016A, 5.000%, 7/01/41   7/26 at 100.00 BBB- 2,456,682
5,000   Dubois Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Penn Highlands Healthcare, Series 2018, 5.000%, 7/15/48   1/28 at 100.00 A- 5,590,300
6,845   Franklin County Industrial Development Authority, Pennsylvania, Revenue Bonds, Chambersburg Hospital Project, Series 2010, 5.375%, 7/01/42   7/20 at 100.00 AA- 7,256,111
4,555   Geisinger Authority, Montour County, Pennsylvania, Health System Revenue Bonds, Geisinger Health System, Series 2014A, 5.000%, 6/01/41   6/24 at 100.00 AA 5,024,939
1,370   Indiana County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Indiana Regional Medical Center, Series 2014A, 6.000%, 6/01/39   6/23 at 100.00 Ba1 1,491,574
3,385   Lancaster County Hospital Authority, Pennsylvania, Health System Revenue Bonds, Lancaster General Hospital Project, Tender Option Bond Trust 2015-XF0064, 11.344%, 7/01/42, 144A (IF)   1/22 at 100.00 N/R 4,419,321
3,200   Lancaster County Hospital Authority, Revenue Bonds, University of Pennsylvania Health System, Refunding Series 2016B, 5.000%, 8/15/46   8/26 at 100.00 AA- 3,602,464
3,000   Lancaster County Hospital Authority, Revenue Bonds, University of Pennsylvania Health System, Series 2016A, 5.000%, 8/15/42   8/26 at 100.00 AA- 3,386,520
3,450   Lehigh County General Purpose Authority, Pennsylvania, Hospital Revenue Bonds, Lehigh Valley Health Network, Refunding Series 2016A, 4.000%, 7/01/35   7/26 at 100.00 A+ 3,536,147
2,565   Lehigh County General Purpose Authority, Pennsylvania, Hospital Revenue Bonds, Lehigh Valley Health Network, Series 2012B, 4.000%, 7/01/43   7/22 at 100.00 A+ 2,609,349
4


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
    Lehigh County General Purpose Authority, Pennsylvania, Revenue Bonds, Good Shepherd Group, Refunding Series 2016:        
$ 1,265   3.000%, 11/01/36   5/26 at 100.00 A $1,136,514
2,850   4.000%, 11/01/41   5/26 at 100.00 A 2,886,594
4,955   4.000%, 11/01/46   5/26 at 100.00 A 5,001,775
4,600   Lehigh County General Purpose Authority, Pennsylvania, Revenue Bonds, Good Shepherd Group, Series 2012, 4.000%, 11/01/32   11/22 at 100.00 A 4,753,916
    Lycoming County Authority, Pennsylvania, Health System Revenue Bonds, Susquehanna Health System Project, Series 2009A:        
6,000   5.500%, 7/01/28   7/19 at 100.00 AA- 6,238,500
2,840   5.750%, 7/01/39   7/19 at 100.00 AA- 2,962,574
    Monroe County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Pocono Medical Center, Series 2016:        
1,020   3.375%, 7/01/32   7/26 at 100.00 A+ 990,420
2,650   5.000%, 7/01/41   7/26 at 100.00 A+ 2,949,132
925   Montgomery County Industrial Development Authority, Pennsylvania, Health Facilities Revenue Bonds, Jefferson Health System, Series 2012A, 5.000%, 10/01/41   4/22 at 100.00 AA 988,242
7,500   Montgomery County Industrial Development Authority, Pennsylvania, Health System Revenue Bonds, Albert Einstein Healthcare Network Issue, Series 2015A, 5.250%, 1/15/45   1/25 at 100.00 Baa3 8,071,350
4,000   Pennsylvania Economic Development Financing Authority, Revenue Bonds, University of Pittsburgh Medical Center, Series 2013A, 5.000%, 7/01/43   7/23 at 100.00 AA- 4,352,320
16,385   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of Pennsylvania Health System, Refunding Series 2016C, 4.000%, 8/15/41 (UB) (5)   8/26 at 100.00 AA- 17,058,751
3,100   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of Pennsylvania Health System, Series 2012A, 5.000%, 8/15/42   8/22 at 100.00 AA- 3,346,481
3,935   Philadelphia Authority for Industrial Development, Pennsylvania, Hospital Revenue Bonds, The Children's Hospital of Philadelphia, Series 2017, 5.000%, 7/01/33   7/27 at 100.00 AA 4,610,679
2,440   Philadelphia Hospitals and Higher Education Facilities Authority, Pennsylvania, Hospital Revenue Bonds, Children's Hospital of Philadelphia, Tender Option Bond Trust 2015-XF0114, 11.337%, 7/01/41, 144A (IF)   7/21 at 100.00 AA 3,031,700
4,885   Philadelphia Hospitals and Higher Education Facilities Authority, Pennsylvania, Hospital Revenue Bonds, Temple University Health System Obligated Group, Series 2012A, 5.625%, 7/01/42   7/22 at 100.00 BBB- 5,320,449
    Pocono Mountains Industrial Park Authority, Pennsylvania, Hospital Revenue Bonds, Saint Luke's Hospital -Monroe Project, Series 2015A:        
3,000   5.000%, 8/15/40   2/25 at 100.00 A- 3,298,380
1,590   4.000%, 8/15/45   2/25 at 100.00 A- 1,610,463
3,000   Pottsville Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Lehigh Valley Health Network, Series 2016B, 5.000%, 7/01/45   1/27 at 100.00 A+ 3,321,420
3,000   Southcentral Pennsylvania General Authority, Revenue Bonds, Wellspan Health Obligated Group, Refunding Series 2014A, 5.000%, 6/01/44   6/24 at 100.00 Aa3 3,294,000
5


NQP Nuveen Pennsylvania Quality Municipal Income Fund (continued)
  Portfolio of Investments as of May 31, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Health Care (continued)        
$ 1,800   The Hospitals and Higher Education Facilities Authority of Philadelphia, Hospital Revenue Bonds, Pennsylvania, Temple University Health System Obligated Group, Series of 2017, 5.000%, 7/01/30   7/27 at 100.00 BBB- $2,009,808
    Union County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Evangelical Community Hospital Project, Refunding & Improvement Series 2011:        
3,130   6.875%, 8/01/31   8/21 at 100.00 A- 3,466,788
2,500   7.000%, 8/01/41   8/21 at 100.00 A- 2,751,450
3,470   Washington County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, The Washington Hospital Project, Series 2013A, 5.000%, 7/01/28   7/23 at 100.00 A- 3,668,658
    West Shore Area Authority, Cumberland County, Pennsylvania, Hospital Revenue Bonds, Holy Spirit Hospital of the Sisters of Christian Charity, Series 2011B:        
1,635   5.625%, 1/01/32   1/22 at 100.00 AA 1,826,475
1,970   5.750%, 1/01/41   1/22 at 100.00 AA 2,208,409
575   Westmoreland County Industrial Development Authority, Pennsylvania, Health System Revenue Bonds, Excela Health Project, Series 2010A, 5.125%, 7/01/30   7/20 at 100.00 A3 601,519
177,565   Total Health Care       191,218,969
    Housing/Multifamily – 1.1% (0.7% of Total Investments)        
160   Chester County Industrial Development Authority, Pennsylvania, Student Housing Revenue Bonds, University Student Housing, LLC Project at West Chester University Series 2013A, 5.000%, 8/01/45   8/23 at 100.00 Baa3 168,296
1,900   East Hempfield Township Industrial Development Authority, Pennsylvania, Student Services Inc - Student Housing Project at Millersville University, Series 2015, 5.000%, 7/01/47   7/25 at 100.00 BBB- 2,016,014
1,235   East Hempfield Township Industrial Development Authority, Pennsylvania, Student Services Inc. - Student Housing Project at Millersville University, Series 2014, 5.000%, 7/01/46   7/24 at 100.00 BBB- 1,306,445
420   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Shippensburg University Student Services, Inc. Student Housing Project at Shippensburg University of Pennsylvania, Series 2012, 5.000%, 10/01/44   10/22 at 100.00 BBB- 437,690
270   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University Properties Inc. Student Housing Project at East Stroudsburg University of Pennsylvania, Series 2016A, 5.000%, 7/01/31   7/26 at 100.00 Baa3 292,537
1,684   Philadelphia Authority for Industrial Development, Pennsylvania, Multifamily Housing Revenue Bonds, Presbyterian Homes Germantown - Morrisville Project, Series 2005A, 5.625%, 7/01/35   8/18 at 100.00 Baa3 1,685,701
5,669   Total Housing/Multifamily       5,906,683
    Housing/Single Family – 17.0% (10.4% of Total Investments)        
    Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2012-114:        
4,750   3.300%, 10/01/32   10/21 at 100.00 AA+ 4,757,267
2,275   3.650%, 10/01/37   10/21 at 100.00 AA+ 2,286,261
2,005   3.700%, 10/01/42   10/21 at 100.00 AA+ 2,031,847
6


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Housing/Single Family (continued)        
    Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2015-116B:        
$ 2,330   3.950%, 10/01/40   10/24 at 100.00 AA+ $2,378,324
3,145   4.000%, 4/01/45   10/24 at 100.00 AA+ 3,199,409
    Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2015-117B:        
3,290   3.900%, 10/01/35   10/24 at 100.00 AA+ 3,362,084
2,465   4.050%, 10/01/40   10/24 at 100.00 AA+ 2,528,548
4,225   4.150%, 10/01/45   10/24 at 100.00 AA+ 4,335,948
7,175   Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2015-118B, 4.100%, 10/01/45   4/25 at 100.00 AA+ 7,355,092
2,045   Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2016-119, 3.500%, 10/01/36   4/25 at 100.00 AA+ 2,048,640
7,000   Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2016-120, 3.200%, 4/01/40   10/25 at 100.00 AA+ 6,498,660
    Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2016-121:        
20,000   3.200%, 10/01/41 (UB)   10/25 at 100.00 AA+ 18,956,200
2,450   3.200%, 10/01/41   10/25 at 100.00 AA+ 2,322,135
    Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-122:        
2,000   3.650%, 10/01/32 (UB) (5)   4/26 at 100.00 AA+ 2,056,220
6,725   3.900%, 10/01/36 (UB) (5)   4/26 at 100.00 AA+ 6,893,596
    Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-123B:        
4,160   3.450%, 10/01/32   10/26 at 100.00 AA+ 4,223,149
4,135   3.900%, 10/01/37   10/26 at 100.00 AA+ 4,250,366
3,960   4.000%, 10/01/42   10/26 at 100.00 AA+ 4,061,416
5,000   Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-124B, 3.500%, 10/01/37   10/26 at 100.00 AA+ 5,003,400
    Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2018-126A:        
2,400   3.700%, 10/01/33, (WI/DD, Settling 6/27/18)   4/27 at 100.00 AA+ 2,428,608
2,260   3.950%, 10/01/38, (WI/DD, Settling 6/27/18)   4/27 at 100.00 AA+ 2,290,013
930   Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Tender Option Bond Trust 2015-XF0066, 10.848%, 10/01/33 (Alternative Minimum Tax), 144A (IF)   10/22 at 100.00 AA+ 1,052,109
600   Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Tender Option Bonds Trust 2015-XF0109, 8.214%, 10/01/38, 144A (IF) (5)   4/21 at 100.00 AA+ 629,970
95,325   Total Housing/Single Family       94,949,262
7


NQP Nuveen Pennsylvania Quality Municipal Income Fund (continued)
  Portfolio of Investments as of May 31, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Industrials – 1.0% (0.6% of Total Investments)        
    Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Refunding Bonds, Amtrak Project, Series 2012A:        
$ 2,495   5.000%, 11/01/23 (Alternative Minimum Tax)   11/22 at 100.00 A1 $2,711,366
545   5.000%, 11/01/27 (Alternative Minimum Tax)   11/22 at 100.00 A1 590,382
2,000   5.000%, 11/01/41 (Alternative Minimum Tax)   11/22 at 100.00 A1 2,129,920
5,040   Total Industrials       5,431,668
    Long-Term Care – 5.4% (3.3% of Total Investments)        
    Berks County Industrial Development Authority Healthcare Facilities Revenue Bonds, Pennsylvania, The Highlands at Wyomissing, Series 2018:        
1,000   5.000%, 5/15/43   5/25 at 102.00 BBB 1,088,690
400   5.000%, 5/15/48   5/25 at 102.00 BBB 434,192
    Berks County Industrial Development Authority, Pennsylvania, Healthcare Facilities Revenue Bonds, Highlands at Wyomissing, Series 2017A:        
565   5.000%, 5/15/37   5/27 at 100.00 BBB 616,901
1,160   5.000%, 5/15/47   5/27 at 100.00 BBB 1,256,489
230   Chester County Health and Education Facilities Authority, Pennsylvania, Revenue Bonds, Simpson Senior Services Project, Series 2015A, 5.000%, 12/01/35   12/25 at 100.00 N/R 236,801
500   Cumberland County Municipal Authority Revenue Bonds, Pennsylvania, Diakon Lutheran Social Ministries Project, Series 2009, 6.375%, 1/01/39   1/19 at 100.00 BBB+ 510,400
    Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2015:        
4,380   4.000%, 1/01/33   1/25 at 100.00 BBB+ 4,420,296
5,740   5.000%, 1/01/38   1/25 at 100.00 BBB+ 6,234,616
    Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2016:        
985   5.000%, 1/01/28   1/26 at 100.00 BBB+ 1,106,224
1,815   5.000%, 1/01/29   1/26 at 100.00 BBB+ 2,026,720
735   5.000%, 1/01/30   1/26 at 100.00 BBB+ 817,607
300   3.250%, 1/01/36   1/26 at 100.00 BBB+ 274,995
2,015   3.250%, 1/01/39   1/26 at 100.00 BBB+ 1,817,550
650   Lancaster County Hospital Authority, Pennsylvania, Health Center Revenue Bonds, Masonic Villages Project, Series 2015, 5.000%, 11/01/35   5/25 at 100.00 A 718,588
530   Lancaster County Hospital Authority, Pennsylvania, Health Center Revenue Bonds, Saint Anne's Retirement Community, Inc., Series 2012, 5.000%, 4/01/33   4/22 at 100.00 BB+ 544,617
1,250   Lancaster County Hospital Authority, Pennsylvania, Revenue Bonds, Landis Homes Retirement Community Project, Refunding Series 2015A, 5.000%, 7/01/45   7/25 at 100.00 BBB- 1,331,875
    Lancaster Industrial Development Authority, Pennsylvania, Revenue Bonds, Garden Spot Village Project, Series 2013:        
1,000   5.375%, 5/01/28   5/23 at 100.00 BBB 1,102,340
1,665   5.750%, 5/01/35   5/23 at 100.00 BBB 1,845,219
1,500   Langhorne Manor Boro Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Woods Services Project, Series 2013, 4.000%, 11/15/38   11/18 at 100.00 A- 1,502,850
8


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Long-Term Care (continued)        
$ 2,150   Montgomery County Industrial Development Authority, Pennsylvania, Revenue Bonds, ACTS Retirement-Life Communities, Inc. Obligated Group, Refunding Series 2012, 5.000%, 11/15/26   5/22 at 100.00 A- $ 2,328,901
28,570   Total Long-Term Care       30,215,871
    Materials – 1.2% (0.8% of Total Investments)        
6,455   Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, National Gypsum Company, Refunding Series 2014, 5.500%, 11/01/44 (Alternative Minimum Tax)   11/24 at 100.00 N/R 6,843,785
    Tax Obligation/General – 24.8% (15.2% of Total Investments)        
1,305   Adams County, Pennsylvania, General Obligation Bonds, Series 2017B, 2.500%, 11/15/29   11/25 at 100.00 Aa2 1,245,270
1,700   Allegheny County, Pennsylvania, General Obligation Bonds, Series 2011C-65, 5.375%, 5/01/31   5/21 at 100.00 AA- 1,851,725
    Allegheny County, Pennsylvania, General Obligation Bonds, Series 2013C-72:        
2,780   5.250%, 12/01/32   12/23 at 100.00 AA- 3,136,535
2,000   5.250%, 12/01/33   12/23 at 100.00 AA- 2,255,420
    Allegheny County, Pennsylvania, General Obligation Bonds, Series 2014C-74:        
1,750   5.000%, 12/01/32   12/24 at 100.00 AA- 1,961,628
1,285   5.000%, 12/01/34   12/24 at 100.00 AA- 1,433,970
5,100   Allegheny County, Pennsylvania, General Obligation Bonds, Series C69-C70 of 2012, 5.000%, 12/01/37   12/22 at 100.00 AA- 5,568,231
    Bethel Park School District, Allegheny County, Pennsylvania, General Obligation Bonds, Refunding Series 2016:        
1,500   4.000%, 8/01/31   8/26 at 100.00 Aa2 1,586,625
1,500   4.000%, 8/01/32   8/26 at 100.00 Aa2 1,581,105
1,255   4.000%, 8/01/33   8/26 at 100.00 Aa2 1,318,265
1,950   Boyertown Area School District, Berks and Montgomery Counties, Pennsylvania, General Obligation Bonds, Series 2015, 5.000%, 10/01/38   4/24 at 100.00 AA- 2,165,748
3,000   Bristol Township School District, Bucks County, Pennsylvania, General Obligation Bonds, Series 2013, 5.250%, 6/01/43   6/23 at 100.00 A2 3,309,300
    Canon-McMillan School District, Washington County, Pennsylvania, General Obligation Bonds, Series 2014D:        
3,000   5.000%, 12/15/37   12/24 at 100.00 AA 3,342,120
1,075   5.000%, 12/15/38  –  BAM Insured   12/24 at 100.00 AA 1,195,572
1,100   5.000%, 12/15/39   12/24 at 100.00 AA 1,222,694
650   Cranberry Township, Pennsylvania, General Obligation Bonds, Refunding Series 2015, 3.250%, 10/01/32   10/25 at 100.00 Aaa 661,024
7,465   Erie City School District, Erie County, Pennsylvania, General Obligation Bonds, Series 2000, 0.000%, 9/01/30  –  AMBAC Insured   No Opt. Call N/R 4,536,704
6,680   Gateway School District, Allegheny County, Pennsylvania, General Obligation Bonds, Refunding Series 2012, 4.000%, 10/15/32   10/22 at 100.00 Aa3 6,942,791
6,225   Lehighton Area School District, Carbon County, Pennsylvania, General Obligation Bonds, Limited Tax Series 2015A, 5.000%, 11/15/43  –  BAM Insured   11/23 at 100.00 AA 6,836,419
9


NQP Nuveen Pennsylvania Quality Municipal Income Fund (continued)
  Portfolio of Investments as of May 31, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    Nazareth Area School District, Northampton County, Pennsylvania, General Obligation Bonds, Series 2017E:        
$ 1,350   5.000%, 11/15/37   11/25 at 100.00 AA $1,536,705
1,000   5.000%, 11/15/39   11/25 at 100.00 AA 1,135,430
    North Allegheny School District, Allegheny County, Pennsylvania, General Obligation Bonds, Series 2015:        
5,000   5.000%, 5/01/31   5/25 at 100.00 AA 5,750,800
4,000   5.000%, 5/01/32   5/25 at 100.00 AA 4,595,200
2,875   5.000%, 5/01/33   5/25 at 100.00 AA 3,294,980
    Pennsbury School District, Bucks County, Pennsylvania, General Obligation Bonds, Series 2016A:        
3,115   5.000%, 10/01/32   4/25 at 100.00 Aa2 3,569,167
1,000   5.000%, 10/01/33   4/25 at 100.00 Aa2 1,143,120
2,660   5.000%, 10/01/34   4/25 at 100.00 Aa2 3,026,468
2,045   5.000%, 10/01/35   4/25 at 100.00 Aa2 2,315,881
1,410   5.000%, 10/01/36   4/25 at 100.00 Aa2 1,593,032
2,620   Pennsylvania Economic Development Financing Authority, Parking System Revenue Bonds, Capitol Region Parking System, Junior Insured Series 2013C, 5.500%, 1/01/30  –  AGM Insured   1/24 at 100.00 AA 2,952,452
3,925   Philadelphia School District, Pennsylvania, General Obligation Bonds, Series 2007A, 5.000%, 6/01/34  –  FGIC Insured   No Opt. Call A+ 4,483,567
745   Pittsburgh School District, Allegheny County, Pennsylvania, General Obligation Bonds, Series 2014A, 5.000%, 9/01/25  –  BAM Insured   9/22 at 100.00 AA 827,419
    Pittsburgh, Pennsylvania, General Obligation Bonds, Series 2012B:        
2,590   5.000%, 9/01/25   9/22 at 100.00 AA- 2,886,529
6,800   5.000%, 9/01/26   9/22 at 100.00 AA- 7,569,760
2,485   Radnor Township School District, Delaware County, Pennsylvania, General Obligation Bonds, Series 2012, 3.000%, 2/15/34   8/18 at 100.00 Aa1 2,484,975
1,000   Radnor Township, Pennsylvania, General Obligation Bonds, Series 2012, 4.000%, 11/01/37   11/22 at 100.00 Aa1 1,045,610
11,440   Reading School District, Berks County, Pennsylvania, General Obligation Bonds, Series 2003B, 0.000%, 1/15/32  –  FGIC Insured   No Opt. Call Baa2 6,926,348
    Scranton, Lackawanna County, Pennsylvania, General Obligation Notes, Series 2016:        
280   5.000%, 11/15/26   5/24 at 100.00 BB+ 299,421
2,925   5.000%, 11/15/32   5/24 at 100.00 BB+ 3,078,387
1,000   South Park School District, Allegheny County, Pennsylvania, General Obligation Bonds, Series 2014, 3.375%, 8/01/32  –  BAM Insured   2/20 at 100.00 AA 1,004,710
21,000   State Public School Building Authority, Pennsylvania, Lease Revenue Bonds, Philadelphia School District, Series 2003, 5.500%, 6/01/28  –  AGM Insured (UB) (5)   No Opt. Call AA 25,043,130
10


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/General (continued)        
    The Redevelopment Authority of the City of Scranton, Lackawanna county, Pennsylvania, Guaranteed Lease Revenue Bonds, Series 2016A:        
$ 285   5.000%, 11/15/21   No Opt. Call BB+ $293,995
170   5.000%, 11/15/28   5/24 at 100.00 BB+ 172,968
133,040   Total Tax Obligation/General       139,181,200
    Tax Obligation/Limited – 11.6% (7.1% of Total Investments)        
1,490   Allegheny County Redevelopment Authority, Pennsylvania, TIF Revenue Bonds, Pittsburg Mills Project, Series 2004, 5.600%, 7/01/23   8/18 at 100.00 N/R 1,466,458
155   Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Project, Series 2018, 5.000%, 5/01/33, 144A   5/28 at 100.00 Ba1 170,234
1,115   Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Refunding Project, Series 2017, 5.000%, 5/01/42, 144A   5/27 at 100.00 Ba1 1,199,562
1,475   Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, Series 2012A, 5.000%, 5/01/35   5/22 at 100.00 Baa3 1,544,133
    Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Master Settlement, Series 2018:        
1,135   5.000%, 6/01/33   6/28 at 100.00 A1 1,288,781
5,000   4.000%, 6/01/39  –  AGM Insured   6/28 at 100.00 AA 5,115,950
    Government of Guam, Business Privilege Tax Bonds, Series 2011A:        
1,670   5.250%, 1/01/36   1/22 at 100.00 A 1,753,600
655   5.125%, 1/01/42   1/22 at 100.00 A 679,962
1,704   Monroe County Industrial Development Authority, Pennsylvania, Special Obligation Revenue Bonds, Tobyhanna Township Project, Series 2014, 6.875%, 7/01/33, 144A   7/24 at 100.00 N/R 1,737,245
3,500   Norristown Area School District, Pennsylvania, Installment Purchase Certiicates of Participation, Series 2012, 5.000%, 4/01/32   4/22 at 100.00 A3 3,676,015
1,935   Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2011B, 5.000%, 12/01/41   12/21 at 100.00 A2 2,076,990
7,000   Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Subordinate Special Revenue Bonds, Series 2013B-1, 5.250%, 12/01/43   12/23 at 100.00 AA- 7,810,740
    Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Subordinate Special Revenue Bonds, Series 2014A:        
2,650   0.000%, 12/01/37 (6)   No Opt. Call AA- 2,475,312
4,000   0.000%, 12/01/44 (6)   No Opt. Call AA- 3,719,320
2,500   Pennsylvania Turnpike Commission, Oil Franchise Tax Revenue Bonds, Subordinate Series 2018B, 5.000%, 12/01/48, (WI/DD, Settling 6/05/18)   12/28 at 100.00 A2 2,829,200
2,200   Pennsylvania Turnpike Commission, Registration Fee Revenue Bonds, Series 2005A, 5.250%, 7/15/18  –  AGM Insured   No Opt. Call AA 2,209,592
5,530   Philadelphia Authority For Industrial Development, Pennsylvania, Revenue Bonds, Cultural and Commercial Corridors Program, Refunding Series 2016A, 5.000%, 12/01/30   12/25 at 100.00 A 6,243,370
3,820   Pittsburgh and Allegheny County Sports and Exhibition Authority, Pennsylvania, Hotel Room Excise Tax Revenue Bonds, Refunding Series 2012, 5.000%, 2/01/26  –  AGC Insured   8/22 at 100.00 AA 4,172,701
11


NQP Nuveen Pennsylvania Quality Municipal Income Fund (continued)
  Portfolio of Investments as of May 31, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Tax Obligation/Limited (continued)        
$ 4,225   Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N, 5.500%, 7/01/29  –  AMBAC Insured   No Opt. Call C $4,502,371
2,500   Southeastern Pennsylvania Transportation Authority, Capital Grant Receipts Bonds, Federal Transit Administration Section 5309 Fixed Guideway Modernization Formula Funds, Series 2011, 5.000%, 6/01/23   No Opt. Call AA- 2,820,375
    Southeastern Pennsylvania Transportation Authority, Capital Grant Receipts Bonds, Federal Transit Administration Section 5337 State of Good Repair Formula Program Funds, Refunding Series 2017:        
1,180   5.000%, 6/01/24   No Opt. Call AA- 1,350,982
2,000   5.000%, 6/01/25   No Opt. Call AA- 2,320,300
2,370   5.000%, 6/01/26   No Opt. Call AA- 2,776,194
825   Washington County Redevelopment Authority, Pennsylvania, Tanger Outlet Victory Center Tax Increment Bonds, Series 2018, 5.000%, 7/01/35   1/28 at 100.00 BB 850,295
60,634   Total Tax Obligation/Limited       64,789,682
    Transportation – 10.6% (6.5% of Total Investments)        
3,280   Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2010E, 5.000%, 1/01/40   1/20 at 100.00 A 3,420,843
    Delaware River Port Authority, Pennsylvania and New Jersey, Revenue Refunding Bonds, Port District Project, Series 2012:        
1,270   5.000%, 1/01/22   No Opt. Call A- 1,387,018
2,425   5.000%, 1/01/23   No Opt. Call A- 2,695,485
2,310   5.000%, 1/01/24   1/23 at 100.00 A- 2,545,528
610   5.000%, 1/01/25   1/23 at 100.00 A- 668,060
3,990   Pennsylvania Economic Development Financing Authority, Parking System Revenue Bonds, Capitol Region Parking System, Series 2013A, 5.250%, 1/01/44  –  AGM Insured   1/24 at 100.00 AA 4,317,659
12,100   Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Capital Appreciation Series 2009E, 6.375%, 12/01/38   12/27 at 100.00 A- 15,088,458
820   Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Refunding Subordinate Second Series 2016B-2, 5.000%, 6/01/39   6/26 at 100.00 A3 900,901
3,000   Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2014C, 5.000%, 12/01/44   12/24 at 100.00 A1 3,316,110
10,000   Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2015B, 5.000%, 12/01/45   12/25 at 100.00 A1 11,169,400
2,000   Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2009C, 6.250%, 6/01/33  –  AGM Insured   6/26 at 100.00 AA 2,474,860
    Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2017B-1:        
1,430   5.000%, 6/01/31   6/27 at 100.00 A3 1,615,428
1,430   5.000%, 6/01/33   6/27 at 100.00 A3 1,603,616
1,010   Philadelphia, Pennsylvania, Airport Revenue Bonds, Refunding Series 2017A, 3.000%, 7/01/34  –  AGM Insured   7/27 at 100.00 AA 974,872
1,500   Philadelphia, Pennsylvania, Airport Revenue Bonds, Refunding Series 2017B, 5.000%, 7/01/42 (Alternative Minimum Tax)   7/27 at 100.00 A 1,689,765
12


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Transportation (continued)        
$ 1,865   Philadelphia, Pennsylvania, Airport Revenue Bonds, Series 2010A, 5.250%, 6/15/28   6/20 at 100.00 A $1,987,325
    Pittsburgh and Allegheny County Sports and Exhibition Authority, Pennsylvania, Parking Revenue Bonds, Series 2017:        
1,000   5.000%, 12/15/30   12/27 at 100.00 A- 1,144,190
500   5.000%, 12/15/33   12/27 at 100.00 A- 567,270
550   5.000%, 12/15/34   12/27 at 100.00 A- 621,599
1,000   5.000%, 12/15/36   12/27 at 100.00 A- 1,123,250
250   5.000%, 12/15/37   12/27 at 100.00 A- 280,595
52,340   Total Transportation       59,592,232
    U.S. Guaranteed – 17.9% (11.0% of Total Investments) (7)        
2,325   Allegheny County, Pennsylvania, General Obligation Bonds, Series 2011C-65, 5.375%, 5/01/31 (Pre-refunded 5/01/21)   5/21 at 100.00 N/R 2,546,270
6,025   Bethel Park School District, Allegheny County, Pennsylvania, General Obligation Bonds, Series 2009, 5.000%, 8/01/29 (Pre-refunded 8/01/19)   8/19 at 100.00 Aa2 6,249,130
4,100   Centre County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Mount Nittany Medical Center Project, Series 2011, 7.000%, 11/15/46 (Pre-refunded 11/15/21)   11/21 at 100.00 AA- 4,776,541
    Centre County, Pennsylvania, General Obligation Bonds, Series 2012B:        
310   4.000%, 7/01/24 (Pre-refunded 7/01/20)   7/20 at 100.00 AA 323,504
1,430   4.000%, 7/01/25 (Pre-refunded 7/01/20)   7/20 at 100.00 AA 1,492,291
915   4.000%, 7/01/26 (Pre-refunded 7/01/20)   7/20 at 100.00 AA 954,857
1,175   Chester County Health and Educational Facilities Authority, Pennsylvania, Health System Revenue Bonds, Jefferson Health System, Series 2010A, 5.000%, 5/15/40 (Pre-refunded 5/15/20)   5/20 at 100.00 N/R 1,245,688
4,500   Cumberland County Municipal Authority Revenue Bonds, Pennsylvania, Diakon Lutheran Social Ministries Project, Series 2009, 6.375%, 1/01/39 (Pre-refunded 1/01/19)   1/19 at 100.00 N/R 4,620,600
3,000   Erie County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Saint Vincent Health Center Project, Series 2010A, 7.000%, 7/01/27 (Pre-refunded 7/01/20)   7/20 at 100.00 N/R 3,306,570
7,660   Lehigh County General Purpose Authority, Pennsylvania, Hospital Revenue Bonds, Lehigh Valley Health Network, Series 2008A, 5.000%, 7/01/33 (Pre-refunded 7/01/18)  –  AGM Insured   7/18 at 100.00 AA 7,680,452
    Monroe County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Pocono Medical Center, Series 2012A:        
365   4.000%, 1/01/25 (Pre-refunded 1/01/22)   1/22 at 100.00 A+ 389,670
3,000   5.000%, 1/01/41 (Pre-refunded 1/01/22)   1/22 at 100.00 A+ 3,305,700
3,730   Montgomery County Higher Education and Health Authority, Pennsylvania, Hospital Revenue Bonds, Abington Memorial Hospital Obligated Group, Series 2012A, 5.000%, 6/01/31 (Pre-refunded 6/01/22)   6/22 at 100.00 N/R 4,149,662
1,130   Montgomery County Industrial Development Authority, Pennsylvania, FHA Insured Mortgage Revenue Bonds, New Regional Medical Center Project, Series 2010, 5.375%, 8/01/38 (Pre-refunded 8/01/20)   8/20 at 100.00 N/R 1,212,128
13


NQP Nuveen Pennsylvania Quality Municipal Income Fund (continued)
  Portfolio of Investments as of May 31, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (7) (continued)        
    Northampton County General Purpose Authority, Pennsylvania, Hospital Revenue Bonds, Saint Lukes Hospital Project, Series 2008A:        
$ 1,235   5.250%, 8/15/23 (Pre-refunded 8/15/18)   8/18 at 100.00 A- $1,243,929
2,000   5.500%, 8/15/35 (Pre-refunded 8/15/18)   8/18 at 100.00 A- 2,015,440
3,525   Pennsylvania Economic Development Financing Authority, Health System Revenue Bonds, Albert Einstein Healthcare, Series 2009A, 6.250%, 10/15/23 (Pre-refunded 10/15/19)   10/19 at 100.00 N/R 3,708,406
1,415   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Drexel University, Series 2011A, 5.250%, 5/01/41 (Pre-refunded 5/01/21)   5/21 at 100.00 N/R 1,546,793
1,300   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Edinboro University Foundation Student Housing Project, Series 2010, 6.000%, 7/01/43 (Pre-refunded 7/01/20)   7/20 at 100.00 N/R 1,406,535
    Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Foundation for Student Housing at Indiana University, Project Series 2012A:        
1,000   5.000%, 7/01/27 (Pre-refunded 7/01/22)   7/22 at 100.00 N/R 1,110,200
750   5.000%, 7/01/32 (Pre-refunded 7/01/22)   7/22 at 100.00 N/R 832,650
1,195   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Philadelphia University, Refunding Series 2013, 5.000%, 6/01/32 (Pre-refunded 6/01/23)   6/23 at 100.00 N/R 1,356,588
2,015   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Thomas Jefferson University, Series 2010, 5.000%, 3/01/40 (Pre-refunded 3/01/20)   3/20 at 100.00 A+ 2,120,042
    Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2010A1&2:        
315   5.500%, 12/01/34 (Pre-refunded 12/01/20)   12/20 at 100.00 N/R 342,389
1,440   5.500%, 12/01/34 (Pre-refunded 12/01/20)   12/20 at 100.00 AA- 1,565,208
3,915   5.000%, 12/01/38 (Pre-refunded 12/01/19)   12/19 at 100.00 AA- 4,101,511
2,065   Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2011B, 5.000%, 12/01/41 (Pre-refunded 12/01/21)   12/21 at 100.00 N/R 2,274,391
3,180   Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2012A, 5.000%, 12/01/31 (Pre-refunded 12/01/21)   12/21 at 100.00 AA- 3,508,113
5,125   Pennsylvania Turnpike Commission, Oil Franchise Tax Revenue Bonds, Senior Lien Series 2003A, 5.000%, 12/01/32 (Pre-refunded 12/01/18)  –  NPFG Insured   12/18 at 100.00 AA 5,210,741
2,485   Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Lien, Refunding Series 2010B-1, 5.000%, 12/01/37 (Pre-refunded 12/01/19)   12/19 at 100.00 A- 2,603,385
205   Philadelphia Gas Works, Pennsylvania, Revenue Bonds, Twelfth Series 1990B, 7.000%, 5/15/20  –  NPFG Insured (ETM)   No Opt. Call N/R 219,157
7,165   Philadelphia Hospitals and Higher Education Facilities Authority, Pennsylvania, Health System Revenue Bonds, Jefferson Health System, Series 2010B, 5.000%, 5/15/40 (Pre-refunded 5/15/20)   5/20 at 100.00 N/R 7,588,953
1,135   Philadelphia Hospitals and Higher Education Facilities Authority, Pennsylvania, Hospital Revenue Bonds, Presbyterian Medical Center of Philadelphia, Series 1993, 6.650%, 12/01/19 (ETM)   No Opt. Call AA+ 1,194,338
3,345   Philadelphia, Pennsylvania, General Obligation Bonds, Refunding Series 2011, 6.500%, 8/01/41 (Pre-refunded 8/01/20)   8/20 at 100.00 A 3,663,544
1,470   Puerto Rico, Highway Revenue Bonds, Highway and Transportation Authority, Series 2003AA, 5.500%, 7/01/19  –  NPFG Insured (ETM)   No Opt. Call Baa2 1,528,433
14


Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    U.S. Guaranteed (7) (continued)        
    Saint Mary Hospital Authority, Pennsylvania, Health System Revenue Bonds, Catholic Health East, Series 2010A:        
$ 55   5.000%, 11/15/40 (Pre-refunded 11/15/20)   11/20 at 100.00 N/R $58,989
605   5.000%, 11/15/40 (Pre-refunded 11/15/20)   11/20 at 100.00 AA- 648,881
1,613   South Fork Municipal Authority, Pennsylvania, Hospital Revenue Bonds, Conemaugh Valley Memorial Hospital, Series 2010, 5.500%, 7/01/29 (Pre-refunded 7/01/20)   7/20 at 100.00 N/R 1,728,862
    West Shore Area Authority, Cumberland County, Pennsylvania, Hospital Revenue Bonds, Holy Spirit Hospital of the Sisters of Christian Charity Project, Series 2011:        
325   6.250%, 1/01/31 (Pre-refunded 1/01/21)   1/21 at 100.00 AA 360,012
4,555   6.500%, 1/01/36 (Pre-refunded 1/01/21)   1/21 at 100.00 AA 5,068,075
1,110   Wilkes-Barre Finance Authority, Pennsylvania, Revenue Bonds, University of Scranton, Series 2010, 5.000%, 11/01/40 (Pre-refunded 11/01/20)   11/20 at 100.00 A- 1,191,974
94,208   Total U.S. Guaranteed       100,450,602
    Utilities – 8.0% (4.9% of Total Investments)        
2,540   Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2005A, 4.000%, 1/01/35 (Mandatory Put 7/01/21) (4)   No Opt. Call N/R 1,282,700
3,000   Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2006A, 4.375%, 1/01/35 (Mandatory Put 7/01/22) (4)   No Opt. Call N/R 2,880,000
6,210   Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2006B, 3.500%, 12/01/35 (Mandatory Put 6/01/20) (4)   No Opt. Call N/R 3,136,050
9,855   Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2008A, 2.700%, 4/01/35 (4)   No Opt. Call N/R 4,976,775
7,250   Delaware County Industrial Development Authority, Pennsylvania, Revenue Bonds, Covanta Project, Refunding Series 2015A, 5.000%, 7/01/43   7/20 at 100.00 BB- 7,340,842
4,015   Luzerne County Industrial Development Authority, Pennsylvania, Water Facility Revenue Refunding Bonds, Pennsylvania-American Water Company, Series 2009, 5.500%, 12/01/39   12/19 at 100.00 A+ 4,222,335
2,220   Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Refunding Bonds, PPL Energy Supply, LLC Project, Series 2009A, 6.400%, 12/01/38   9/25 at 100.00 B+ 2,275,211
4,575   Pennsylvania Economic Development Financing Authority, Water Facilities Revenue Bonds, Aqua Pennsylvania, Inc. Project, Series 2009A, 5.000%, 10/01/39   10/19 at 100.00 AA- 4,743,086
5,000   Pennsylvania Economic Development Financing Authority, Water Facilities Revenue Bonds, Aqua Pennsylvania, Inc. Project, Series 2009B, 5.000%, 11/15/40   11/19 at 100.00 AA- 5,199,000
    Philadelphia Gas Works, Pennsylvania, Revenue Bonds, General Ordinance, Fifteenth Series 2017:        
3,500   5.000%, 8/01/42   8/27 at 100.00 A 3,934,455
1,500   5.000%, 8/01/47   8/27 at 100.00 A 1,679,925
2,735   Philadelphia Gas Works, Pennsylvania, Revenue Bonds, Refunding Thirteenth Series 2015, 5.000%, 8/01/29   8/25 at 100.00 A 3,107,562
52,400   Total Utilities       44,777,941
15


NQP Nuveen Pennsylvania Quality Municipal Income Fund (continued)
  Portfolio of Investments as of May 31, 2018
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Water and Sewer – 10.3% (6.3% of Total Investments)        
    Allegheny County Sanitary Authority, Pennsylvania, Sewer Revenue Bonds, Refunding Series 2015:        
$ 3,325   5.000%, 12/01/40   12/25 at 100.00 A1 $3,723,235
3,320   5.000%, 12/01/45   12/25 at 100.00 A1 3,703,560
750   Allegheny County Sanitary Authority, Pennsylvania, Sewer Revenue Bonds, Refunding Series 2016, 4.000%, 12/01/32  –  AGM Insured   12/26 at 100.00 AA 794,303
    Bucks County Water and Sewer Authority, Pennsylvania, Revenue Bonds, Tender Option Bond Trust 2015-XF0123:        
1,665   11.142%, 12/01/29  –  AGM Insured, 144A (IF) (5)   12/21 at 100.00 AA 2,180,900
825   11.133%, 12/01/33  –  AGM Insured, 144A (IF) (5)   12/21 at 100.00 AA 1,080,371
    Delaware County Regional Water Quality Control Authority, Pennsylvania, Sewer Revenue Bonds, Series 2015:        
1,110   5.000%, 5/01/40   5/25 at 100.00 Aa3 1,251,248
2,220   4.000%, 5/01/45   5/25 at 100.00 Aa3 2,287,532
665   Findlay Township Municipal Authority, Allegheny County, Pennsylvania, Revenue Bonds, Series 2015, 3.375%, 12/15/35  –  BAM Insured   12/20 at 100.00 AA 665,392
    Lehigh County Authority, Pennsylvania, Water and Sewer Revenue Bonds, Allentown Concession, Capital Appreciation Series 2013B:        
7,295   0.000%, 12/01/34   No Opt. Call A 3,765,752
4,420   0.000%, 12/01/35   No Opt. Call A 2,173,270
12,500   Lehigh County Authority, Pennsylvania, Water and Sewer Revenue Bonds, Allentown Concession, Series 2013A, 5.125%, 12/01/47   12/23 at 100.00 A 13,795,750
1,100   Pennsylvania Economic Development Financing Authority, Sewage Sludge Disposal Revenue Bonds, Philadelphia Biosolids Facility Project, Series 2009, 6.250%, 1/01/32   1/20 at 100.00 BBB+ 1,156,474
6,560   Philadelphia, Pennsylvania, Water and Wastewater Revenue Bonds, Series 2011A, 5.000%, 1/01/41   1/21 at 100.00 A+ 6,937,790
2,500   Philadelphia, Pennsylvania, Water and Wastewater Revenue Bonds, Series 2013A, 5.125%, 1/01/43   1/22 at 100.00 A+ 2,694,600
5,000   Pittsburgh Water and Sewer Authority, Pennsylvania, Water and Sewer System Revenue Bonds, First Lien Series 2013B, 5.250%, 9/01/40   9/23 at 100.00 A 5,590,550
2,840   Robinson Township Municipal Authority, Allegheny County, Pennsylvania, Water and Sewer Revenue Bonds, Series 2014, 4.000%, 5/15/40  –  BAM Insured   11/19 at 100.00 AA 2,840,738
170   Robinson Township Municipal Authority, Allegheny County, Pennsylvania, Water and Sewer Revenue Bonds, Series 2017, 3.375%, 5/15/32  –  AGM Insured   5/26 at 100.00 AA 173,630
1,930   Westmoreland County Municipal Authority, Pennsylvania, Municipal Service Revenue Bonds, Tender Option Bond Trust 2016-XF1058, 13.714%, 8/15/37, 144A (IF) (5)   5/23 at 100.00 Aa2 3,031,933
58,195   Total Water and Sewer       57,847,028
$ 876,410   Total Long-Term Investments (cost $884,776,040)       913,599,780
    Floating Rate Obligations – (8.5)%       (47,825,000)
    Variable Rate MuniFund Term Preferred Shares, net of deferred offering costs – (15.5)% (8)       (86,990,797)
    Variable Rate Demand Preferred Shares, net of deferred offering costs – (38.6)% (9)       (216,656,525)
    Other Assets Less Liabilities – (0.4)% (10)       (1,501,356)
    Net Asset Applicable to Common Shares – 100%       $ 560,626,102
16


Investments in Derivatives
Futures Contracts  
Description Contract
Position
Number of
Contracts
Expiration
Date
Notional
Amount
Value Unrealized
Appreciation
(Depreciation)
Variation
Margin
Receivable/
(Payable)
U.S. Treasury Long Bond Short (122) 9/18 $(17,344,280) $(17,705,250) $(360,970) $(44,250)
    
Interest Rate Swaps - OTC Uncleared            
Counterparty Notional
Amount
Fund
Pay/Receive
Floating Rate
Floating Rate Index Fixed Rate
(Annualized)
Fixed Rate
Payment
Frequency
Effective
Date (11)
Optional
Termination
Date
Maturity
Date
Value Unrealized
Appreciation
(Depreciation)
JPMorgan Chase Bank, N.A. $20,300,000 Receive 3-Month SIFMA 2.038% Quarterly 12/14/18 1/12/19 12/14/28 $395,994 $395,994
Fair Value Measurements
Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Municipal Bonds $  — $913,599,780 $ — $913,599,780
Investments in Derivatives:        
Futures Contracts* (360,970)  —  — (360,970)
Interest Rate Swaps*  — 395,994  — 395,994
Total $(360,970) $913,995,774 $ — $913,634,804
    
* Represents net unrealized appreciation (depreciation).
17


NQP Nuveen Pennsylvania Quality Municipal Income Fund (continued)
  Portfolio of Investments as of May 31, 2018
  (Unaudited)
Income Tax Information
The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
The tables below present the cost and unrealized appreciation (depreciation) of the Fund's investment portfolio, as determined on a federal income tax basis, as of May 31, 2018.
For purposes of this disclosure, derivative tax cost is generally the sum of any upfront fees or premiums exchanged and any amounts unrealized for income statement reporting but realized in income and/or capital gains for tax reporting. If a particular derivative category does not disclose any tax unrealized appreciation or depreciation, the change in value of those derivatives have generally been fully realized for tax purposes.
Tax cost of investments $836,312,472
Gross unrealized:  
Appreciation $ 41,607,133
Depreciation (12,144,736)
Net unrealized appreciation (depreciation) of investments $ 29,462,397
    
Tax cost of futures contracts $(360,970)
Net unrealized appreciation (depreciation) of futures contracts  —
    
Tax cost of swaps $  —
Net unrealized appreciation (depreciation) of swaps 395,994
(1) All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
(4) As of, or subsequent to, the end of the reporting period, this security is non-income producing. Non-income producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the Fund’s Adviser has concluded that the issue is not likely to meet its future interest payment obligations and has ceased accruing additional income on the Fund’s records.  
(5) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions.  
(6) Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period.  
(7) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
(8) Variable Rate MuniFund Term Preferred Shares, net of deferred offering costs as a percentage of Total Investments is 9.5%.  
(9) Variable Rate Demand Preferred Shares, net of deferred offering costs as a percentage of Total Investments is 23.7%.  
(10) Other assets less liabilities includes the unrealized appreciation (depreciation) of certain over-the-counter (“OTC”) derivatives as well as the OTC cleared and exchange-traded derivatives, when applicable.  
(11) Effective date represents the date on which both the Fund and counterparty commence interest payment accruals on each contract.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
ETM Escrowed to maturity.  
IF Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust.  
SIFMA Securities Industry and Financial Market Association  
UB Underlying bond of an inverse floating rate trust reflected as a financing transaction.  
WI/DD Investment, or portion of investment, purchased on a when-issued or delayed delivery basis.  
18


Item 2. Controls and Procedures.

 

  a. The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).

 

  b. There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant)    Nuveen Pennsylvania Quality Municipal Income Fund   
By (Signature and Title)    /s/ Gifford R. Zimmerman                                                       
   Gifford R. Zimmerman   
   Vice President and Secretary   

Date: July 30, 2018

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By (Signature and Title)    /s/ Cedric H. Antosiewicz                                                        
   Cedric H. Antosiewicz   
   Chief Administrative Officer (principal executive officer)   
Date: July 30, 2018      
By (Signature and Title)    /s/ Stephen D. Foy                                                                    
   Stephen D. Foy   
   Vice President and Controller (principal financial officer)   
Date: July 30, 2018